priority print limited

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priority print limited Company Information

Share PRIORITY PRINT LIMITED

Company Number

04208167

Shareholders

andrew james lomas

lisa jane lomas

Group Structure

View All

Industry

Printing (other than printing of newspapers and printing on labels and tags) n.e.c.

 

Registered Address

260 - 270 butterfield, great marlings, luton, bedfordshire, LU2 8DL

priority print limited Estimated Valuation

£592.3k

Pomanda estimates the enterprise value of PRIORITY PRINT LIMITED at £592.3k based on a Turnover of £1.7m and 0.36x industry multiple (adjusted for size and gross margin).

priority print limited Estimated Valuation

£290.6k

Pomanda estimates the enterprise value of PRIORITY PRINT LIMITED at £290.6k based on an EBITDA of £101.8k and a 2.86x industry multiple (adjusted for size and gross margin).

priority print limited Estimated Valuation

£966.2k

Pomanda estimates the enterprise value of PRIORITY PRINT LIMITED at £966.2k based on Net Assets of £627.8k and 1.54x industry multiple (adjusted for liquidity).

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Priority Print Limited Overview

Priority Print Limited is a live company located in luton, LU2 8DL with a Companies House number of 04208167. It operates in the printing n.e.c. sector, SIC Code 18129. Founded in April 2001, it's largest shareholder is andrew james lomas with a 50% stake. Priority Print Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with healthy growth in recent years.

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Priority Print Limited Health Check

Pomanda's financial health check has awarded Priority Print Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £1.7m, make it smaller than the average company (£10.6m)

£1.7m - Priority Print Limited

£10.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.3%)

8% - Priority Print Limited

8.3% - Industry AVG

production

Production

with a gross margin of 29.8%, this company has a comparable cost of product (29.8%)

29.8% - Priority Print Limited

29.8% - Industry AVG

profitability

Profitability

an operating margin of 4.3% make it as profitable than the average company (4.3%)

4.3% - Priority Print Limited

4.3% - Industry AVG

employees

Employees

with 16 employees, this is below the industry average (62)

16 - Priority Print Limited

62 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.2k, the company has an equivalent pay structure (£39.2k)

£39.2k - Priority Print Limited

£39.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £103.7k, this is less efficient (£145.6k)

£103.7k - Priority Print Limited

£145.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 74 days, this is later than average (49 days)

74 days - Priority Print Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 14 days, this is quicker than average (53 days)

14 days - Priority Print Limited

53 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is less than average (24 days)

3 days - Priority Print Limited

24 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 124 weeks, this is more cash available to meet short term requirements (10 weeks)

124 weeks - Priority Print Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20.7%, this is a lower level of debt than the average (61.8%)

20.7% - Priority Print Limited

61.8% - Industry AVG

PRIORITY PRINT LIMITED financials

EXPORTms excel logo

Priority Print Limited's latest turnover from June 2024 is estimated at £1.7 million and the company has net assets of £627.8 thousand. According to their latest financial statements, Priority Print Limited has 16 employees and maintains cash reserves of £324.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover1,659,0551,822,6041,846,8311,305,975952,6691,225,699748,489714,135913,229934,8251,355,764901,2461,200,1741,088,1491,250,378
Other Income Or Grants000000000000000
Cost Of Sales1,165,5201,257,7551,289,773923,999669,860854,489509,982476,211595,062615,917898,122596,812773,447682,847777,465
Gross Profit493,536564,849557,058381,976282,809371,209238,508237,924318,167318,908457,642304,434426,727405,302472,912
Admin Expenses422,710512,592331,464283,539303,889282,019243,419233,188318,739271,541465,940263,549381,149406,630319,249
Operating Profit70,82652,257225,59498,437-21,08089,190-4,9114,736-57247,367-8,29840,88545,578-1,328153,663
Interest Payable02,1543,2023,0251,5250000000000
Interest Receivable15,98110,8652,4371962071,49271429840842545236127619467
Pre-Tax Profit86,80760,968224,83095,609-22,39890,683-4,1975,035-16447,793-7,84641,24545,854-1,134153,731
Tax-21,702-15,242-42,718-18,1660-17,2300-9570-9,5580-9,486-11,0050-43,045
Profit After Tax65,10545,726182,11277,443-22,39873,453-4,1974,078-16438,234-7,84631,75934,849-1,134110,686
Dividends Paid000000000000000
Retained Profit65,10545,726182,11277,443-22,39873,453-4,1974,078-16438,234-7,84631,75934,849-1,134110,686
Employee Costs627,603633,845504,412506,570593,511412,021354,636319,485319,489286,574407,826275,842336,998342,354396,792
Number Of Employees1617141517121110109139111113
EBITDA*101,75774,381227,646107,827-10,16399,609-4,23916,91115,75564,144-5,39344,10548,7993,447162,670

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets111,66585,17850,25053,36455,70347,93748,66547,31756,21257,35726,14727,09027,30826,47226,760
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets111,66585,17850,25053,36455,70347,93748,66547,31756,21257,35726,14727,09027,30826,47226,760
Stock & work in progress9,7258,00016,75016,70013,40021,40016,60012,30017,70012,00027,11418,37718,94925,48132,835
Trade Debtors339,610384,552535,416296,708148,868278,141145,323153,163218,074235,194309,481212,231287,592246,416290,278
Group Debtors000000000000000
Misc Debtors6,0925,5494,5924,8472,7001,5833,3453,4853,328000000
Cash324,249284,550150,063239,925151,982261,668136,302149,34889,12174,12996,02084,64959,66050,79826,946
misc current assets000000000000000
total current assets679,676682,651706,821558,180316,950562,792301,570318,296328,223321,323432,615315,257366,201322,695350,059
total assets791,341767,829757,071611,544372,653610,729350,235365,613384,435378,680458,762342,347393,509349,167376,819
Bank overdraft0010,00010,0008330000000000
Bank loan000000000000000
Trade Creditors 47,79793,73965,50068,17719,283133,21870,03550,50991,357172,032290,348166,087249,008239,515266,033
Group/Directors Accounts1,3921,81772535077518,7871,21218,3559,062000000
other short term finances000000000000000
hp & lease commitments00000005,1254,670000000
other current liabilities86,43088,277125,156148,84834,742169,98263,60170,99355,494000000
total current liabilities135,619183,833201,381227,37555,633321,987134,848144,982160,583172,032290,348166,087249,008239,515266,033
loans0029,16739,16749,1670000000000
hp & lease commitments00000001,3526,477000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions27,91621,2959,54810,13910,4338,9249,0228,71710,891000000
total long term liabilities27,91621,29538,71549,30659,6008,9249,02210,06917,368000000
total liabilities163,535205,128240,096276,681115,233330,911143,870155,051177,951172,032290,348166,087249,008239,515266,033
net assets627,806562,701516,975334,863257,420279,818206,365210,562206,484206,648168,414176,260144,501109,652110,786
total shareholders funds627,806562,701516,975334,863257,420279,818206,365210,562206,484206,648168,414176,260144,501109,652110,786
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit70,82652,257225,59498,437-21,08089,190-4,9114,736-57247,367-8,29840,88545,578-1,328153,663
Depreciation30,93122,1242,0529,39010,91710,41967212,17516,32716,7772,9053,2203,2214,7759,007
Amortisation000000000000000
Tax-21,702-15,242-42,718-18,1660-17,2300-9570-9,5580-9,486-11,0050-43,045
Stock1,725-8,750503,300-8,0004,8004,300-5,4005,700-15,1148,737-572-6,532-7,35432,835
Debtors-44,399-149,907238,453149,987-128,156131,056-7,980-64,754-13,792-74,28797,250-75,36141,176-43,862290,278
Creditors-45,94228,239-2,67748,894-113,93563,18319,526-40,848-80,675-118,316124,261-82,9219,493-26,518266,033
Accruals and Deferred Income-1,847-36,879-23,692114,106-135,240106,381-7,39215,49955,494000000
Deferred Taxes & Provisions6,62111,747-591-2941,509-98305-2,17410,891000000
Cash flow from operations81,561220,903-80,53599,080-121,673115,98911,88058,5859,55725,67112,88127,63112,64328,14562,545
Investing Activities
capital expenditure-57,418-57,0521,062-7,051-18,683-9,691-2,020-3,280-15,182-47,987-1,962-3,002-4,057-4,487-35,767
Change in Investments000000000000000
cash flow from investments-57,418-57,0521,062-7,051-18,683-9,691-2,020-3,280-15,182-47,987-1,962-3,002-4,057-4,487-35,767
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-4251,092375-425-18,01217,575-17,1439,2939,062000000
Other Short Term Loans 000000000000000
Long term loans0-29,167-10,000-10,00049,1670000000000
Hire Purchase and Lease Commitments000000-6,477-4,67011,147000000
other long term liabilities000000000000000
share issue00000000000000100
interest15,9818,711-765-2,829-1,3181,49271429840842545236127619467
cash flow from financing15,556-19,364-10,390-13,25429,83719,067-22,9064,92120,617425452361276194167
cash and cash equivalents
cash39,699134,487-89,86287,943-109,686125,366-13,04660,22714,992-21,89111,37124,9898,86223,85226,946
overdraft0-10,00009,1678330000000000
change in cash39,699144,487-89,86278,776-110,519125,366-13,04660,22714,992-21,89111,37124,9898,86223,85226,946

priority print limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Priority Print Limited Competitor Analysis

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Perform a competitor analysis for priority print limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in LU2 area or any other competitors across 12 key performance metrics.

priority print limited Ownership

PRIORITY PRINT LIMITED group structure

Priority Print Limited has no subsidiary companies.

Ultimate parent company

PRIORITY PRINT LIMITED

04208167

PRIORITY PRINT LIMITED Shareholders

andrew james lomas 50%
lisa jane lomas 50%

priority print limited directors

Priority Print Limited currently has 2 directors. The longest serving directors include Mrs Lisa Lomas (Apr 2001) and Mr Andrew Lomas (Apr 2001).

officercountryagestartendrole
Mrs Lisa LomasUnited Kingdom57 years Apr 2001- Director
Mr Andrew LomasUnited Kingdom59 years Apr 2001- Director

P&L

June 2024

turnover

1.7m

-9%

operating profit

70.8k

0%

gross margin

29.8%

-4.01%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

627.8k

+0.12%

total assets

791.3k

+0.03%

cash

324.2k

+0.14%

net assets

Total assets minus all liabilities

priority print limited company details

company number

04208167

Type

Private limited with Share Capital

industry

18129 - Printing (other than printing of newspapers and printing on labels and tags) n.e.c.

incorporation date

April 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2024

previous names

N/A

accountant

FOXLEY KINGHAM

auditor

-

address

260 - 270 butterfield, great marlings, luton, bedfordshire, LU2 8DL

Bank

CLYDESDALE BANK

Legal Advisor

-

priority print limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 1 charges/mortgages relating to priority print limited. Currently there are 1 open charges and 0 have been satisfied in the past.

priority print limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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priority print limited Companies House Filings - See Documents

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