prime lettings uk limited

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prime lettings uk limited Company Information

Share PRIME LETTINGS UK LIMITED

Company Number

04653589

Shareholders

mr roger taylor

naresh sood

Group Structure

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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

prime lettings uk limited Estimated Valuation

£760.1k

Pomanda estimates the enterprise value of PRIME LETTINGS UK LIMITED at £760.1k based on a Turnover of £198k and 3.84x industry multiple (adjusted for size and gross margin).

prime lettings uk limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of PRIME LETTINGS UK LIMITED at £1.8m based on an EBITDA of £230.4k and a 7.71x industry multiple (adjusted for size and gross margin).

prime lettings uk limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PRIME LETTINGS UK LIMITED at £0 based on Net Assets of £-269k and 1.76x industry multiple (adjusted for liquidity).

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Prime Lettings Uk Limited Overview

Prime Lettings Uk Limited is a live company located in london, SW13 9DW with a Companies House number of 04653589. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2003, it's largest shareholder is mr roger taylor with a 50% stake. Prime Lettings Uk Limited is a mature, micro sized company, Pomanda has estimated its turnover at £198k with healthy growth in recent years.

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Prime Lettings Uk Limited Health Check

Pomanda's financial health check has awarded Prime Lettings Uk 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

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £198k, make it smaller than the average company (£955.6k)

£198k - Prime Lettings Uk Limited

£955.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (4.7%)

15% - Prime Lettings Uk Limited

4.7% - Industry AVG

production

Production

with a gross margin of 100.1%, this company has a lower cost of product (72.7%)

100.1% - Prime Lettings Uk Limited

72.7% - Industry AVG

profitability

Profitability

an operating margin of 69% make it more profitable than the average company (25.1%)

69% - Prime Lettings Uk Limited

25.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Prime Lettings Uk Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £2k, the company has a lower pay structure (£32.6k)

£2k - Prime Lettings Uk Limited

£32.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £198k, this is equally as efficient (£184.6k)

£198k - Prime Lettings Uk Limited

£184.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 437 days, this is later than average (32 days)

437 days - Prime Lettings Uk Limited

32 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Prime Lettings Uk Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Prime Lettings Uk Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Prime Lettings Uk Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 110.2%, this is a higher level of debt than the average (68.1%)

110.2% - Prime Lettings Uk Limited

68.1% - Industry AVG

PRIME LETTINGS UK LIMITED financials

EXPORTms excel logo

Prime Lettings Uk Limited's latest turnover from January 2024 is £198 thousand and the company has net assets of -£269 thousand. According to their latest financial statements, Prime Lettings Uk Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover198,017187,725157,422130,84396,219189,98750,83617,12615,5757,05819,227
Other Income Or Grants2293415
Cost Of Sales133,356
Gross Profit198,246187,759157,423130,84896,21956,63150,83617,12615,5757,05819,227
Admin Expenses61,61578,29988,67548,19180,52983,527145,82219719,010-2,3592,4145,8225,34925,696121,444
Operating Profit136,631109,46068,74882,65715,690-26,896-94,98616,929-3,4352,359-2,414-5,822-5,349-18,638-102,217
Interest Payable37,73537,79034,64230,98028,79331,08824,895
Interest Receivable
Pre-Tax Profit102,47388,66355,68666,95212,709-26,896-94,986-40,193-41,170-35,431-37,056-36,802-34,142-49,726-127,112
Tax
Profit After Tax102,47388,66355,68666,95212,709-26,896-94,986-40,193-41,170-35,431-37,056-36,802-34,142-49,726-127,112
Dividends Paid
Retained Profit102,47388,66355,68666,95212,709-26,896-94,986-40,193-41,170-35,431-37,056-36,802-34,142-49,726-127,112
Employee Costs2,00054,76525,84124,72523,98123,63723,28825,520
Number Of Employees111112211111111
EBITDA*230,404208,55668,74882,65715,690-26,896-94,98616,929-3,4352,359-2,414-5,822-5,349-18,638-102,217

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets2,391,0962,391,0962,391,0962,391,0962,391,0962,391,0962,391,0961,543,4631,498,9731,400,7531,300,7531,201,0981,134,0981,102,9321,102,932
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,391,0962,391,0962,391,0962,391,0962,391,0962,391,0962,391,0961,543,4631,498,9731,400,7531,300,7531,201,0981,134,0981,102,9321,102,932
Stock & work in progress
Trade Debtors237,569223,579182,928143,61636,26145,80359,83053,441784
Group Debtors36,20025,20013,200
Misc Debtors5,0002,8213,3332,188
Cash711,308
misc current assets
total current assets237,569223,579182,928143,61636,26145,80359,83053,44136,20025,20018,2712,8213,3332,1882,092
total assets2,628,6652,614,6752,574,0242,534,7122,427,3572,436,8992,450,9261,596,9041,535,1731,425,9531,319,0241,203,9191,137,4311,105,1201,105,024
Bank overdraft19,98414,67110,64416,63718,49817,7089,984
Bank loan
Trade Creditors 132,054136,198112,902160,516102,420104,59482,65026,91611,18611,73611,1379,6293,5503,48516,156
Group/Directors Accounts500
other short term finances
hp & lease commitments
other current liabilities129,539129,539156,308149,539
total current liabilities132,054136,198112,902160,516102,420104,59482,65026,91631,17026,40721,781156,305151,587177,501175,679
loans1,807,9091,662,2821,654,0871,367,4021,268,8301,176,4631,128,463
hp & lease commitments
Accruals and Deferred Income
other liabilities2,765,6482,849,9872,921,2952,890,0552,907,7482,927,8252,936,9002,043,626129,539129,539
provisions
total long term liabilities2,765,6482,849,9872,921,2952,890,0552,907,7482,927,8252,936,9002,043,6261,937,4481,791,8211,654,0871,367,4021,268,8301,176,4631,128,463
total liabilities2,897,7022,986,1853,034,1973,050,5713,010,1683,032,4193,019,5502,070,5421,968,6181,818,2281,675,8681,523,7071,420,4171,353,9641,304,142
net assets-269,037-371,510-460,173-515,859-582,811-595,520-568,624-473,638-433,445-392,275-356,844-319,788-282,986-248,844-199,118
total shareholders funds-269,037-371,510-460,173-515,859-582,811-595,520-568,624-473,638-433,445-392,275-356,844-319,788-282,986-248,844-199,118
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit136,631109,46068,74882,65715,690-26,896-94,98616,929-3,4352,359-2,414-5,822-5,349-18,638-102,217
Depreciation93,77399,096
Amortisation
Tax
Stock
Debtors13,99040,65139,312107,355-9,542-14,0276,38917,24111,0007,00015,379-5121,1451,404784
Creditors-4,14423,296-47,61458,096-2,17421,94455,73415,730-5505991,5086,07965-12,67116,156
Accruals and Deferred Income-129,539-26,7696,769149,539
Deferred Taxes & Provisions
Cash flow from operations212,270191,201-18,17833,39823,0589,075-45,64115,418-14,985-4,042-145,824769-33,198-25,94462,694
Investing Activities
capital expenditure-93,773-99,096-847,633-44,490-98,220-100,000-99,655-67,000-31,166-1,102,932
Change in Investments
cash flow from investments-93,773-99,096-847,633-44,490-98,220-100,000-99,655-67,000-31,166-1,102,932
Financing Activities
Bank loans
Group/Directors Accounts-500500
Other Short Term Loans
Long term loans-1,807,909145,6278,195286,68598,57292,36748,0001,128,463
Hire Purchase and Lease Commitments
other long term liabilities-84,339-71,30831,240-17,693-20,077-9,075893,2741,914,087129,539
share issue-72,006
interest-37,735-37,790-34,642-30,980-28,793-31,088-24,895
cash flow from financing-84,339-71,30831,240-17,693-20,077-9,075893,274106,178107,89299,944251,54368,09263,57416,9121,031,562
cash and cash equivalents
cash-7171-1,3081,308
overdraft-19,9845,3134,027-5,993-1,8617907,7249,984
change in cash19,984-5,313-4,0986,0641,861-790-9,032-8,676

prime lettings uk 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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Prime Lettings Uk Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for prime lettings uk 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 lettings uk limited Ownership

PRIME LETTINGS UK LIMITED group structure

Prime Lettings Uk Limited has no subsidiary companies.

Ultimate parent company

PRIME LETTINGS UK LIMITED

04653589

PRIME LETTINGS UK LIMITED Shareholders

mr roger taylor 50%
naresh sood 50%

prime lettings uk limited directors

Prime Lettings Uk Limited currently has 2 directors. The longest serving directors include Mr Naresh Sood (Jan 2003) and Mr Roger Taylor (Jan 2003).

officercountryagestartendrole
Mr Naresh Sood68 years Jan 2003- Director
Mr Roger Taylor81 years Jan 2003- Director

P&L

January 2024

turnover

198k

+5%

operating profit

136.6k

0%

gross margin

100.2%

+0.1%

turnover

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

Balance Sheet

January 2024

net assets

-269k

-0.28%

total assets

2.6m

+0.01%

cash

0

0%

net assets

Total assets minus all liabilities

prime lettings uk limited company details

company number

04653589

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

January 2003

age

22

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

SDM ASSOCIATES

auditor

-

address

198 castelnau, barnes, london, SW13 9DW

Bank

-

Legal Advisor

-

prime lettings uk 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 lettings uk limited.

prime lettings uk 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 lettings uk limited Companies House Filings - See Documents

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