prime developments europe limited
prime developments europe limited Company Information
Company Number
04617260
Next Accounts
Sep 2025
Shareholders
roger taylor
naresh sood
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
198 castelnau, barnes, london, SW13 9DW
Website
savills.co.ukprime developments europe limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME DEVELOPMENTS EUROPE LIMITED at £531.6k based on a Turnover of £138.5k and 3.84x industry multiple (adjusted for size and gross margin).
prime developments europe limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME DEVELOPMENTS EUROPE LIMITED at £383.3k based on an EBITDA of £49.7k and a 7.71x industry multiple (adjusted for size and gross margin).
prime developments europe limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME DEVELOPMENTS EUROPE LIMITED at £575.3k based on Net Assets of £326.1k and 1.76x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Prime Developments Europe Limited Overview
Prime Developments Europe Limited is a live company located in london, SW13 9DW with a Companies House number of 04617260. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2002, it's largest shareholder is roger taylor with a 33.3% stake. Prime Developments Europe Limited is a mature, micro sized company, Pomanda has estimated its turnover at £138.5k with healthy growth in recent years.
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Prime Developments Europe Limited Health Check
Pomanda's financial health check has awarded Prime Developments Europe Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £138.5k, make it smaller than the average company (£1.1m)
£138.5k - Prime Developments Europe Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (3.6%)
6% - Prime Developments Europe Limited
3.6% - Industry AVG
Production
with a gross margin of 100.4%, this company has a lower cost of product (70.8%)
100.4% - Prime Developments Europe Limited
70.8% - Industry AVG
Profitability
an operating margin of 35.9% make it more profitable than the average company (21.4%)
35.9% - Prime Developments Europe Limited
21.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Prime Developments Europe Limited
4 - Industry AVG
Pay Structure
on an average salary of £1.5k, the company has a lower pay structure (£33.1k)
£1.5k - Prime Developments Europe Limited
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £69.3k, this is less efficient (£202.7k)
£69.3k - Prime Developments Europe Limited
£202.7k - Industry AVG
Debtor Days
it gets paid by customers after 640 days, this is later than average (33 days)
640 days - Prime Developments Europe Limited
33 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Prime Developments Europe Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Prime Developments Europe Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Prime Developments Europe Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.7%, this is a similar level of debt than the average (71.4%)
73.7% - Prime Developments Europe Limited
71.4% - Industry AVG
PRIME DEVELOPMENTS EUROPE LIMITED financials
Prime Developments Europe Limited's latest turnover from December 2023 is £138.5 thousand and the company has net assets of £326.1 thousand. According to their latest financial statements, Prime Developments Europe Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 138,518 | 140,175 | 102,750 | 116,720 | 121,000 | 113,350 | 101,198 | 100,304 | 102,775 | 93,187 | 98,183 | 93,187 | 93,187 | 97,594 | |
| Other Income Or Grants | 503 | 39 | 3 | 10 | 85 | ||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | 139,021 | 140,214 | 102,753 | 116,730 | 121,085 | 113,350 | 101,198 | 100,304 | 102,775 | 93,187 | 98,183 | 93,187 | 93,187 | 97,594 | |
| Admin Expenses | 65,693 | 84,596 | 55,713 | 52,216 | 58,551 | 29,102 | 13,794 | ||||||||
| Operating Profit | 34,611 | 18,179 | 37,474 | 45,967 | 34,636 | 64,085 | 83,800 | ||||||||
| Interest Payable | 13,465 | 12,639 | 14,594 | 16,151 | 15,391 | 14,079 | 17,204 | ||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 46,051 | 65,905 | 22,768 | 28,281 | 35,763 | 34,535 | 23,940 | 21,146 | 5,540 | 22,880 | 29,816 | 19,245 | 50,006 | 66,596 | |
| Tax | -8,750 | -12,522 | -4,326 | -5,373 | -6,795 | -6,907 | -4,788 | -5,229 | -1,108 | -4,596 | -5,963 | -3,897 | -2,771 | ||
| Profit After Tax | 37,301 | 53,383 | 18,442 | 22,908 | 28,968 | 27,628 | 19,152 | 15,917 | 4,432 | 18,284 | 23,853 | 15,348 | 47,235 | 66,596 | |
| Dividends Paid | |||||||||||||||
| Retained Profit | 37,301 | 53,383 | 18,442 | 22,908 | 28,968 | 27,628 | 19,152 | 15,917 | 4,432 | 18,284 | 23,853 | 15,348 | 47,235 | 66,596 | |
| Employee Costs | 3,000 | 3,200 | 3,500 | 5,000 | 3,200 | 2,600 | 2,300 | 3,600 | |||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 3 | 3 | ||||||||
| EBITDA* | 34,611 | 18,179 | 37,474 | 45,967 | 34,636 | 64,085 | 83,800 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 | 994,876 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 243,223 | 213,317 | 264,810 | 308,798 | 194,991 | 205,786 | 507,457 | 89,907 | |||||||
| Group Debtors | 58,070 | 58,370 | 58,370 | 64,430 | 60,500 | 55,550 | 27,750 | ||||||||
| Misc Debtors | |||||||||||||||
| Cash | 26,138 | 29,570 | 17,039 | 17,829 | 20,292 | ||||||||||
| misc current assets | |||||||||||||||
| total current assets | 243,223 | 213,317 | 264,810 | 308,798 | 194,991 | 205,786 | 507,457 | 89,907 | 84,208 | 87,940 | 75,409 | 82,259 | 80,792 | 55,550 | 27,750 |
| total assets | 1,238,099 | 1,208,193 | 1,259,686 | 1,303,674 | 1,189,867 | 1,200,662 | 1,502,333 | 1,084,783 | 1,079,084 | 1,082,816 | 1,070,285 | 1,077,135 | 1,075,668 | 1,050,426 | 1,022,626 |
| Bank overdraft | 65,792 | 65,792 | 65,792 | 65,792 | 65,792 | 81,942 | 82,324 | ||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 192,421 | 110,912 | 77,858 | 80,722 | 74,648 | 95,379 | 509,737 | 96,305 | 34,274 | 31,700 | 53,917 | 48,617 | 75,599 | 35,373 | 9,600 |
| Group/Directors Accounts | 3,650 | 3,650 | 30,450 | 30,450 | 30,450 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 12,566 | 14,403 | 13,295 | 11,631 | 38,885 | 34,988 | 32,217 | ||||||||
| total current liabilities | 192,421 | 110,912 | 77,858 | 80,722 | 74,648 | 95,379 | 509,737 | 96,305 | 112,632 | 111,895 | 136,654 | 129,690 | 210,726 | 182,753 | 154,591 |
| loans | 854,288 | 880,674 | 795,394 | 827,492 | 801,058 | 476,036 | 523,633 | ||||||||
| hp & lease commitments | 343,101 | 343,101 | |||||||||||||
| Accruals and Deferred Income | 94,250 | ||||||||||||||
| other liabilities | 719,572 | 808,476 | 946,406 | 911,722 | 921,147 | 940,179 | 857,456 | 880,966 | 23,900 | 17,900 | 70,322 | 70,322 | 38,106 | 38,106 | 38,106 |
| provisions | |||||||||||||||
| total long term liabilities | 719,572 | 808,476 | 946,406 | 1,005,972 | 921,147 | 940,179 | 857,456 | 880,966 | 878,188 | 898,574 | 865,716 | 897,814 | 839,164 | 857,243 | 904,840 |
| total liabilities | 911,993 | 919,388 | 1,024,264 | 1,086,694 | 995,795 | 1,035,558 | 1,367,193 | 977,271 | 990,820 | 1,010,469 | 1,002,370 | 1,027,504 | 1,049,890 | 1,039,996 | 1,059,431 |
| net assets | 326,106 | 288,805 | 235,422 | 216,980 | 194,072 | 165,104 | 135,140 | 107,512 | 88,264 | 72,347 | 67,915 | 49,631 | 25,778 | 10,430 | -36,805 |
| total shareholders funds | 326,106 | 288,805 | 235,422 | 216,980 | 194,072 | 165,104 | 135,140 | 107,512 | 88,264 | 72,347 | 67,915 | 49,631 | 25,778 | 10,430 | -36,805 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 34,611 | 18,179 | 37,474 | 45,967 | 34,636 | 64,085 | 83,800 | ||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -8,750 | -12,522 | -4,326 | -5,373 | -6,795 | -6,907 | -4,788 | -5,229 | -1,108 | -4,596 | -5,963 | -3,897 | -2,771 | ||
| Stock | |||||||||||||||
| Debtors | 29,906 | -51,493 | -43,988 | 113,807 | -10,795 | -301,671 | 417,550 | 31,837 | -300 | -6,060 | 3,930 | 4,950 | 27,800 | 27,750 | |
| Creditors | 81,509 | 33,054 | -2,864 | 6,074 | -20,731 | -414,358 | 413,432 | 62,031 | 2,574 | -22,217 | 5,300 | -26,982 | 40,226 | 25,773 | 9,600 |
| Accruals and Deferred Income | -94,250 | 94,250 | -12,566 | -1,837 | 1,108 | 1,664 | -27,254 | 3,897 | 2,771 | 32,217 | |||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 30,419 | -4,038 | 45,902 | -18,162 | 69,912 | 62,058 | 97,867 | ||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -3,650 | -26,800 | 30,450 | ||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -854,288 | -26,386 | 85,280 | -32,098 | 26,434 | 325,022 | -47,597 | 523,633 | |||||||
| Hire Purchase and Lease Commitments | -343,101 | 343,101 | |||||||||||||
| other long term liabilities | -88,904 | -137,930 | 34,684 | -9,425 | -19,032 | 82,723 | -23,510 | 857,066 | 6,000 | -52,422 | 32,216 | 38,106 | |||
| share issue | |||||||||||||||
| interest | -13,465 | -12,639 | -14,594 | -16,151 | -15,391 | -14,079 | -17,204 | ||||||||
| cash flow from financing | -88,904 | -137,930 | 34,684 | -9,425 | -19,032 | -23,510 | 2,874 | -33,851 | 16,569 | -46,692 | 15,699 | -33,470 | -61,676 | 814,685 | |
| cash and cash equivalents | |||||||||||||||
| cash | -26,138 | -3,432 | 12,531 | -790 | -2,463 | 20,292 | |||||||||
| overdraft | -65,792 | -16,150 | -382 | 82,324 | |||||||||||
| change in cash | 39,654 | -3,432 | 12,531 | -790 | -2,463 | 36,442 | 382 | -82,324 |
prime developments europe limited Credit Report and Business Information
Prime Developments Europe Limited Competitor Analysis
Perform a competitor analysis for prime developments europe limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SW13 area or any other competitors across 12 key performance metrics.
prime developments europe limited Ownership
PRIME DEVELOPMENTS EUROPE LIMITED group structure
Prime Developments Europe Limited has no subsidiary companies.
Ultimate parent company
PRIME DEVELOPMENTS EUROPE LIMITED
04617260
prime developments europe limited directors
Prime Developments Europe Limited currently has 2 directors. The longest serving directors include Mr Naresh Sood (Dec 2002) and Mr Roger Taylor (Dec 2002).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Naresh Sood | 68 years | Dec 2002 | - | Director | |
| Mr Roger Taylor | 81 years | Dec 2002 | - | Director |
P&L
December 2023turnover
138.5k
-1%
operating profit
49.7k
0%
gross margin
100.4%
+0.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
326.1k
+0.13%
total assets
1.2m
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
prime developments europe limited company details
company number
04617260
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
December 2002
age
23
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
S D M ASSOCIATES
auditor
-
address
198 castelnau, barnes, london, SW13 9DW
Bank
HSBC BANK PLC
Legal Advisor
-
prime developments europe 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 prime developments europe limited.
prime developments europe 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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prime developments europe limited Companies House Filings - See Documents
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