privilege project finance limited

2.5

privilege project finance limited Company Information

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Company Number

04323959

Registered Address

the old school high street, stretham, ely, CB6 3LD

Industry

Activities of mortgage finance companies

 

Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors

 

Telephone

01223203398

Next Accounts Due

September 2025

Group Structure

View All

Directors

Christopher Winward5 Years

Tracy Giles3 Years

Shareholders

privilege holdings limited 100%

privilege project finance limited Estimated Valuation

£85.2m

Pomanda estimates the enterprise value of PRIVILEGE PROJECT FINANCE LIMITED at £85.2m based on a Turnover of £36.9m and 2.31x industry multiple (adjusted for size and gross margin).

privilege project finance limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PRIVILEGE PROJECT FINANCE LIMITED at £0 based on an EBITDA of £-42.5m and a 8x industry multiple (adjusted for size and gross margin).

privilege project finance limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PRIVILEGE PROJECT FINANCE LIMITED at £0 based on Net Assets of £-59.1m and 2.13x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Privilege Project Finance Limited Overview

Privilege Project Finance Limited is a live company located in ely, CB6 3LD with a Companies House number of 04323959. It operates in the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921. Founded in November 2001, it's largest shareholder is privilege holdings limited with a 100% stake. Privilege Project Finance Limited is a mature, large sized company, Pomanda has estimated its turnover at £36.9m with healthy growth in recent years.

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Privilege Project Finance Limited Health Check

Pomanda's financial health check has awarded Privilege Project Finance Limited a 2.5 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 Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £36.9m, make it larger than the average company (£6.7m)

£36.9m - Privilege Project Finance Limited

£6.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.6%)

6% - Privilege Project Finance Limited

6.6% - Industry AVG

production

Production

with a gross margin of 24.3%, this company has a higher cost of product (44%)

24.3% - Privilege Project Finance Limited

44% - Industry AVG

profitability

Profitability

an operating margin of -115.4% make it less profitable than the average company (13.2%)

-115.4% - Privilege Project Finance Limited

13.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (22)

2 - Privilege Project Finance Limited

22 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Privilege Project Finance Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £18.5m, this is more efficient (£302.2k)

£18.5m - Privilege Project Finance Limited

£302.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Privilege Project Finance Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Privilege Project Finance Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (114 days)

0 days - Privilege Project Finance Limited

114 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)

0 weeks - Privilege Project Finance Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 121%, this is a higher level of debt than the average (91.9%)

121% - Privilege Project Finance Limited

91.9% - Industry AVG

PRIVILEGE PROJECT FINANCE LIMITED financials

EXPORTms excel logo

Privilege Project Finance Limited's latest turnover from December 2023 is £36.9 million and the company has net assets of -£59.1 million. According to their latest financial statements, Privilege Project Finance Limited has 2 employees and maintains cash reserves of £239 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover36,904,00036,802,00036,568,00030,597,00033,472,00042,487,00037,824,00030,566,00041,462,00018,901,00016,133,6919,817,8805,463,6082,885,000
Other Income Or Grants00000000000000
Cost Of Sales27,929,00029,491,00032,707,00029,159,00028,643,00037,995,00036,022,00027,934,00037,065,00020,839,00015,345,8048,718,3391,799,1041,164,670
Gross Profit8,975,0007,311,0003,861,0001,438,0004,829,0004,492,0001,802,0002,632,0004,397,000-1,938,000787,8871,099,5413,664,5041,720,330
Admin Expenses51,554,490-10,833,19518,867,0002,941,00011,762,00013,381,000598,000-3,475,00010,105,0009,558,0001,076,160814,5793,884,0161,870,453
Operating Profit-42,579,49018,144,195-15,006,000-1,503,000-6,933,000-8,889,0001,204,0006,107,000-5,708,000-11,496,000-288,273284,962-219,512-150,123
Interest Payable0000000011,724,70011,420,6900000
Interest Receivable000000000000805204
Pre-Tax Profit-47,790,0006,544,000-15,006,000-1,503,000-6,933,000-8,889,0001,204,0006,107,000-5,708,000-11,496,000-288,273284,962-218,707-149,919
Tax0041,00046,000000000275,000-145,00000
Profit After Tax-47,790,0006,544,000-14,965,000-1,457,000-6,933,000-8,889,0001,204,0006,107,000-5,708,000-11,496,000-13,273139,962-218,707-149,919
Dividends Paid000000500,000000578,232170,50000
Retained Profit-47,790,0006,544,000-14,965,000-1,457,000-6,933,000-8,889,000704,0006,107,000-5,708,000-11,496,000-591,505-30,538-218,707-149,919
Employee Costs0000336,0001,354,0001,303,0001,102,0001,019,000693,000527,344410,045890,211484,166
Number Of Employees233219191726171514112612
EBITDA*-42,524,49018,223,195-14,927,000-1,420,000-6,874,000-8,822,0001,501,0006,109,000-5,437,000-11,234,000-244,826316,136156,72310,510

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets105,000160,000239,000318,000401,0003,0005,000172,00001,207,00022,82830,3992,696,9632,029,909
Intangible Assets000001,000199,000353,0002,00035,00040,57557,96400
Investments & Other38,567,00035,679,00043,276,00040,249,00032,154,00030,856,00040,500,00034,691,00023,605,0002,000303,2881,865194,406190,950
Debtors (Due After 1 year)4,978,00089,981,000112,127,00065,526,00058,573,00075,177,000203,894,000207,810,000161,876,000152,099,000140,679,36187,512,55843,134,03912,513,235
Total Fixed Assets43,650,000125,820,000155,642,000106,093,00091,128,000106,037,000244,598,000243,026,000185,483,000153,343,000141,046,05287,602,78646,025,40814,734,094
Stock & work in progress5,000340,000762,0001,251,0001,301,0001,860,000795,0002,841,00000097,91500
Trade Debtors01,000387,000180,000118,00058,000642,000444,000110,000327,0003,785,1062,316,53010,891,8763,900,608
Group Debtors2,621,00011,000395,0001,971,000216,000808,0000000165,028146,69100
Misc Debtors235,664,000187,432,000178,660,000197,779,000183,158,000174,392,000102,944,00074,603,00045,280,00051,195,00032,394,73918,161,15000
Cash239,0002,127,000906,000881,0003,009,00017,274,0007,281,0008,829,0005,740,000717,000892,54840,951240,36681,454
misc current assets00000000000000
total current assets238,529,000189,911,000181,110,000202,062,000187,802,000194,392,000111,662,00086,717,00051,130,00052,239,00037,237,42120,763,23711,132,2423,982,062
total assets282,179,000315,731,000336,752,000308,155,000278,930,000300,429,000356,260,000329,743,000236,613,000205,582,000178,283,473108,366,02357,157,65018,716,156
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 000243,631,0000000001,437,6632,796,8941,887,231601,958
Group/Directors Accounts333,677,000237,059,000229,222,0000203,911,000174,632,000103,741,00085,716,00048,553,00034,937,0000000
other short term finances00000000000000
hp & lease commitments000000000001,203,14100
other current liabilities801,0001,053,0001,379,00001,110,0002,195,0002,214,0001,256,0002,110,0008,021,0002,499,7411,063,58400
total current liabilities334,478,000238,112,000230,601,000243,631,000205,021,000176,827,000105,955,00086,972,00050,663,00042,958,0003,937,4045,063,6191,887,231601,958
loans6,842,00088,970,000124,046,00067,454,00075,382,000125,362,000243,196,000236,366,000184,897,000175,863,000175,542,840103,590,91900
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities0000080,00060,00060,000000055,493,54818,258,385
provisions00000000000275,000130,0000
total long term liabilities6,842,00088,970,000124,046,00067,454,00075,382,000125,442,000243,256,000236,426,000184,897,000175,863,000175,542,840103,865,91955,623,54818,258,385
total liabilities341,320,000327,082,000354,647,000311,085,000280,403,000302,269,000349,211,000323,398,000235,560,000218,821,000179,480,244108,929,53857,510,77918,860,343
net assets-59,141,000-11,351,000-17,895,000-2,930,000-1,473,000-1,840,0007,049,0006,345,0001,053,000-13,239,000-1,196,771-563,515-353,129-144,187
total shareholders funds-59,141,000-11,351,000-17,895,000-2,930,000-1,473,000-1,840,0007,049,0006,345,0001,053,000-13,239,000-1,196,771-563,515-353,129-144,187
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-42,579,49018,144,195-15,006,000-1,503,000-6,933,000-8,889,0001,204,0006,107,000-5,708,000-11,496,000-288,273284,962-219,512-150,123
Depreciation55,00079,00079,00083,00058,0002,000143,0000258,000256,00026,05831,174376,235160,633
Amortisation00001,00065,000154,0002,00013,0006,00017,389000
Tax0041,00046,000000000275,000-145,00000
Stock-335,000-422,000-489,000-50,000-559,0001,065,000-2,046,0002,841,00000-97,91597,91500
Debtors-34,162,000-14,144,00026,113,00023,391,000-8,370,000-57,045,00024,623,00075,591,0003,645,00026,596,76668,887,30554,111,01437,612,07216,413,843
Creditors00-243,631,000243,631,00000000-1,437,663-1,359,231909,6631,285,273601,958
Accruals and Deferred Income-252,000-326,0001,379,000-1,110,000-1,085,000-19,000958,000-854,000-5,911,0005,521,2591,436,1571,063,58400
Deferred Taxes & Provisions0000000000-275,000145,000130,0000
Cash flow from operations-8,279,49032,463,195-282,762,000217,806,000970,00047,139,000-20,118,000-73,177,000-14,993,000-33,747,170-68,957,290-51,919,546-36,040,076-15,801,375
Investing Activities
capital expenditure0000-456,000133,00024,000-525,000-1,029,000-3,000-18,487-32,164-1,043,289-2,190,542
Change in Investments2,888,000-7,597,0003,027,0008,095,0001,298,000-9,644,0005,809,00011,086,00023,603,000-301,288301,423-192,5413,456190,950
cash flow from investments-2,888,0007,597,000-3,027,000-8,095,000-1,754,0009,777,000-5,785,000-11,611,000-24,632,000298,288-319,910160,377-1,046,745-2,381,492
Financing Activities
Bank loans00000000000000
Group/Directors Accounts96,618,0007,837,000229,222,000-203,911,00029,279,00070,891,00018,025,00037,163,00013,616,00034,937,0000000
Other Short Term Loans 00000000000000
Long term loans-82,128,000-35,076,00056,592,000-7,928,000-49,980,000-117,834,0006,830,00051,469,0009,034,000320,16071,951,921103,590,91900
Hire Purchase and Lease Commitments0000000000-1,203,1411,203,14100
other long term liabilities0000-80,00020,000060,000000-55,493,54837,235,16318,258,385
share issue00007,300,00000-815,00020,000,000-546,229-41,751-179,8489,7655,732
interest00000000-11,724,700-11,420,69000805204
cash flow from financing14,490,000-27,239,000285,814,000-211,839,000-13,481,000-46,923,00024,855,00087,877,00030,925,30023,290,24170,707,02949,120,66437,245,73318,264,321
cash and cash equivalents
cash-1,888,0001,221,00025,000-2,128,000-14,265,0009,993,000-1,548,0003,089,0005,023,000-175,548851,597-199,415158,91281,454
overdraft00000000000000
change in cash-1,888,0001,221,00025,000-2,128,000-14,265,0009,993,000-1,548,0003,089,0005,023,000-175,548851,597-199,415158,91281,454

privilege project finance 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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Privilege Project Finance Limited Competitor Analysis

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Perform a competitor analysis for privilege project finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in CB6 area or any other competitors across 12 key performance metrics.

privilege project finance limited Ownership

PRIVILEGE PROJECT FINANCE LIMITED group structure

Privilege Project Finance Limited has 7 subsidiary companies.

PRIVILEGE PROJECT FINANCE LIMITED Shareholders

privilege holdings limited 100%

privilege project finance limited directors

Privilege Project Finance Limited currently has 2 directors. The longest serving directors include Mr Christopher Winward (Sep 2019) and Ms Tracy Giles (May 2021).

officercountryagestartendrole
Mr Christopher WinwardEngland53 years Sep 2019- Director
Ms Tracy GilesUnited Kingdom53 years May 2021- Director

P&L

December 2023

turnover

36.9m

0%

operating profit

-42.6m

0%

gross margin

24.4%

+22.42%

turnover

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

Balance Sheet

December 2023

net assets

-59.1m

+4.21%

total assets

282.2m

-0.11%

cash

239k

-0.89%

net assets

Total assets minus all liabilities

privilege project finance limited company details

company number

04323959

Type

Private limited with Share Capital

industry

64922 - Activities of mortgage finance companies

64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors

incorporation date

November 2001

age

23

incorporated

UK

ultimate parent company

PRIME HOLDINGS LTD

accounts

Group

last accounts submitted

December 2023

previous names

eastern counties finance limited (December 2015)

accountant

-

auditor

GRANT THORNTON UK LLP

address

the old school high street, stretham, ely, CB6 3LD

Bank

LLOYDS TSB BANK PLC

Legal Advisor

CLYDE & CO LLP

privilege project finance 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 did not find charges/mortgages relating to privilege project finance limited.

charges

privilege project finance limited Companies House Filings - See Documents

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