Pomanda estimates the enterprise value of PRIORITY TM LTD at £3.6m based on a Turnover of £6.3m and 0.57x industry multiple (adjusted for size and gross margin).
priority tm ltdEstimated Valuation
£1.7m
Pomanda estimates the enterprise value of PRIORITY TM LTD at £1.7m based on an EBITDA of £424.4k and a 4.08x industry multiple (adjusted for size and gross margin).
priority tm ltdEstimated Valuation
£4.7m
Pomanda estimates the enterprise value of PRIORITY TM LTD at £4.7m based on Net Assets of £2m and 2.37x industry multiple (adjusted for liquidity).
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Priority Tm LtdOverview
Priority Tm Ltd is a live company located in hertfordshire, SG1 3HR with a Companies House number of 04652312. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2003, it's largest shareholder is
priority traffic management limited
with a 100% stake. Priority Tm Ltd is a mature,
mid sized company, Pomanda has estimated its turnover at
£6.3m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Priority Tm Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
5 Regular
2 Weak
Size
annual sales of £6.3m, make it larger than the average company (£4.3m)
£6.3m - Priority Tm Ltd
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (9.1%)
10% - Priority Tm Ltd
9.1% - Industry AVG
Production
with a gross margin of 37.6%, this company has a comparable cost of product (37.6%)
37.6% - Priority Tm Ltd
37.6% - Industry AVG
Profitability
an operating margin of 5.5% make it as profitable than the average company (5.5%)
5.5% - Priority Tm Ltd
5.5% - Industry AVG
Employees
with 44 employees, this is above the industry average (25)
44 - Priority Tm Ltd
25 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has an equivalent pay structure (£50.6k)
£50.6k - Priority Tm Ltd
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £143.1k, this is equally as efficient (£155.5k)
£143.1k - Priority Tm Ltd
£155.5k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (38 days)
65 days - Priority Tm Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (32 days)
14 days - Priority Tm Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (29 days)
3 days - Priority Tm Ltd
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 93 weeks, this is more cash available to meet short term requirements (23 weeks)
93 weeks - Priority Tm Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.3%, this is a lower level of debt than the average (60.4%)
21.3% - Priority Tm Ltd
60.4% - Industry AVG
PRIORITY TM LTD financials
EXPORT
Priority Tm Ltd's latest turnover from April 2024 is estimated at £6.3 million and the company has net assets of £2 million. According to their latest financial statements, Priority Tm Ltd has 44 employees and maintains cash reserves of £909.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
6,297,251
5,195,755
5,995,574
4,764,781
4,954,139
4,509,185
5,300,260
4,360,455
3,829,694
5,098,306
5,282,507
3,644,941
3,633,086
1,820,364
1,729,459
Other Income Or Grants
Cost Of Sales
3,931,172
3,214,749
3,724,198
3,014,817
3,098,332
2,829,791
3,317,357
2,683,217
2,835,287
3,241,566
3,406,725
2,349,629
2,273,851
1,165,355
1,292,711
Gross Profit
2,366,079
1,981,006
2,271,376
1,749,963
1,855,807
1,679,395
1,982,903
1,677,238
994,407
1,856,740
1,875,782
1,295,312
1,359,236
655,009
436,748
Admin Expenses
2,018,930
2,139,827
2,255,075
2,254,184
1,413,822
1,203,856
1,569,630
1,311,076
709,036
1,829,697
1,748,842
1,029,107
1,107,636
499,825
332,083
Operating Profit
347,149
-158,821
16,301
-504,221
441,985
475,539
413,273
366,162
285,371
27,043
126,940
266,205
251,600
155,184
104,665
Interest Payable
1,181
1,370
3,926
7,557
Interest Receivable
43,945
31,566
8,120
1,569
1,695
10,792
4,920
1,455
139
1,811
2,320
2,227
748
14
Pre-Tax Profit
391,095
-127,255
24,421
-502,652
443,680
486,331
418,193
367,617
304,546
28,854
129,261
268,431
250,978
151,272
104,665
Tax
-97,774
-4,640
-84,299
-92,403
-79,457
-69,847
-74,669
-5,771
-27,145
-61,739
-60,235
-21,074
-20,000
Profit After Tax
293,321
-127,255
19,781
-502,652
359,381
393,928
338,736
297,770
229,877
23,083
102,116
206,692
190,743
130,198
84,665
Dividends Paid
60,000
Retained Profit
293,321
-127,255
19,781
-502,652
359,381
393,928
338,736
297,770
229,877
23,083
102,116
206,692
190,743
70,198
84,665
Employee Costs
2,228,084
2,077,522
1,966,238
1,886,368
2,036,459
1,826,000
1,763,955
1,379,831
1,649,996
1,449,352
1,529,076
1,007,132
1,005,300
545,566
737,593
Number Of Employees
44
43
43
44
48
44
45
36
43
38
40
27
27
15
14
EBITDA*
424,372
-51,348
145,996
-339,518
576,902
533,060
460,871
386,974
306,763
53,112
160,882
312,296
325,575
209,763
135,123
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
208,147
273,624
362,309
490,659
414,683
187,390
143,050
62,446
64,198
78,206
102,189
137,613
131,951
156,665
106,874
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
208,147
273,624
362,309
490,659
414,683
187,390
143,050
62,446
64,198
78,206
102,189
137,613
131,951
156,665
106,874
Stock & work in progress
35,457
40,885
42,353
13,744
13,974
19,175
14,138
6,950
Trade Debtors
1,134,656
866,562
1,261,629
792,131
827,039
709,571
906,093
839,827
924,938
756,172
803,527
432,716
499,165
536,320
357,196
Group Debtors
8,904
3,300
Misc Debtors
255,893
297,023
115,710
84,930
127,351
91,452
99,803
89,710
99,262
1,800
3,341
Cash
909,631
764,476
720,990
1,444,230
1,693,526
1,697,429
1,180,340
787,614
376,224
413,742
310,469
617,715
272,888
26,233
28,459
misc current assets
total current assets
2,335,637
1,968,946
2,140,682
2,335,035
2,661,890
2,517,627
2,200,374
1,724,101
1,400,424
1,178,818
1,117,296
1,052,231
772,053
565,894
385,655
total assets
2,543,784
2,242,570
2,502,991
2,825,694
3,076,573
2,705,017
2,343,424
1,786,547
1,464,622
1,257,024
1,219,485
1,189,844
904,004
722,559
492,529
Bank overdraft
Bank loan
14,500
Trade Creditors
151,873
237,643
192,684
324,241
207,829
326,875
440,818
233,239
250,381
444,954
430,138
493,501
411,711
171,588
138,648
Group/Directors Accounts
360
9,472
other short term finances
hp & lease commitments
37,986
940
other current liabilities
351,998
227,856
402,331
599,785
396,417
391,223
313,138
316,238
273,027
218,435
119,625
total current liabilities
503,871
465,499
595,015
924,026
642,232
718,098
753,956
549,477
523,408
444,954
430,498
502,973
411,711
405,463
258,273
loans
27,660
15,018
hp & lease commitments
Accruals and Deferred Income
other liabilities
3,647
43,293
12,114
provisions
36,603
67,082
70,732
80,558
70,933
26,185
22,662
9,000
10,914
total long term liabilities
36,603
67,082
70,732
84,205
114,226
26,185
22,662
9,000
10,914
12,114
27,660
15,018
total liabilities
540,474
532,581
665,747
1,008,231
756,458
744,283
776,618
558,477
534,322
444,954
430,498
502,973
423,825
433,123
273,291
net assets
2,003,310
1,709,989
1,837,244
1,817,463
2,320,115
1,960,734
1,566,806
1,228,070
930,300
812,070
788,987
686,871
480,179
289,436
219,238
total shareholders funds
2,003,310
1,709,989
1,837,244
1,817,463
2,320,115
1,960,734
1,566,806
1,228,070
930,300
812,070
788,987
686,871
480,179
289,436
219,238
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
347,149
-158,821
16,301
-504,221
441,985
475,539
413,273
366,162
285,371
27,043
126,940
266,205
251,600
155,184
104,665
Depreciation
77,223
107,473
129,695
164,703
134,917
57,521
47,598
20,812
21,392
26,069
33,942
46,091
73,975
54,579
30,458
Amortisation
Tax
-97,774
-4,640
-84,299
-92,403
-79,457
-69,847
-74,669
-5,771
-27,145
-61,739
-60,235
-21,074
-20,000
Stock
-5,428
-1,468
28,609
-230
-5,201
5,037
7,188
6,950
Debtors
226,964
-213,754
500,278
-77,329
153,367
-204,873
76,359
-94,663
259,124
-41,751
372,311
-64,649
-40,496
182,465
357,196
Creditors
-85,770
44,959
-131,557
116,412
-119,046
-113,943
207,579
-17,142
-194,573
14,816
-63,363
81,790
240,123
32,940
138,648
Accruals and Deferred Income
124,142
-174,475
-197,454
203,368
5,194
78,085
-3,100
43,211
273,027
-218,435
98,810
119,625
Deferred Taxes & Provisions
-30,479
-3,650
-9,826
9,625
44,748
3,523
13,662
-1,914
10,914
Cash flow from operations
112,955
30,708
-726,368
67,446
275,333
608,158
516,008
428,995
62,338
103,908
-301,937
396,996
327,524
137,974
16,200
Investing Activities
capital expenditure
-11,746
-18,788
-1,345
-240,679
-362,210
-101,861
-128,202
-19,060
-7,384
-2,086
1,482
-51,753
-49,261
-104,370
-137,332
Change in Investments
cash flow from investments
-11,746
-18,788
-1,345
-240,679
-362,210
-101,861
-128,202
-19,060
-7,384
-2,086
1,482
-51,753
-49,261
-104,370
-137,332
Financing Activities
Bank loans
-14,500
14,500
Group/Directors Accounts
-360
-9,112
9,472
Other Short Term Loans
Long term loans
-27,660
12,642
15,018
Hire Purchase and Lease Commitments
-37,986
37,986
-940
940
other long term liabilities
-3,647
-39,646
43,293
-12,114
12,114
share issue
-111,647
134,573
interest
43,945
31,566
8,120
1,569
1,695
10,792
4,920
1,455
-1,042
1,811
2,320
2,227
-622
-3,912
-7,557
cash flow from financing
43,945
31,566
4,473
-76,063
82,974
10,792
4,920
1,455
-112,689
1,451
-6,792
-415
-31,608
24,170
142,034
cash and cash equivalents
cash
145,155
43,486
-723,240
-249,296
-3,903
517,089
392,726
411,390
-37,518
103,273
-307,246
344,827
246,655
-2,226
28,459
overdraft
change in cash
145,155
43,486
-723,240
-249,296
-3,903
517,089
392,726
411,390
-37,518
103,273
-307,246
344,827
246,655
-2,226
28,459
priority tm ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for priority tm ltd. Get real-time insights into priority tm ltd's credit score, group structure and payment trends.
Perform a competitor analysis for priority tm ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in SG1 area or any other competitors across 12 key performance metrics.
first floor 73-75 high street, stevenage, hertfordshire, SG1 3HR
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priority tm ltd 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 tm ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
priority tm ltd 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 tm ltdCompanies House Filings - See Documents
