premier audit company limited

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premier audit company limited Company Information

Share PREMIER AUDIT COMPANY LIMITED

Company Number

05404150

Directors

Lisa Phillips

Paul Edwards

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Shareholders

rbs invoice finance limited

Group Structure

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Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Registered Address

250 bishopsgate, london, EC2M 4AA

premier audit company limited Estimated Valuation

£5.3k

Pomanda estimates the enterprise value of PREMIER AUDIT COMPANY LIMITED at £5.3k based on a Turnover of £4.9k and 1.08x industry multiple (adjusted for size and gross margin).

premier audit company limited Estimated Valuation

£7k

Pomanda estimates the enterprise value of PREMIER AUDIT COMPANY LIMITED at £7k based on an EBITDA of £1.8k and a 3.92x industry multiple (adjusted for size and gross margin).

premier audit company limited Estimated Valuation

£47.4k

Pomanda estimates the enterprise value of PREMIER AUDIT COMPANY LIMITED at £47.4k based on Net Assets of £38.4k and 1.23x industry multiple (adjusted for liquidity).

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Premier Audit Company Limited Overview

Premier Audit Company Limited is a live company located in london, EC2M 4AA with a Companies House number of 05404150. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2005, it's largest shareholder is rbs invoice finance limited with a 100% stake. Premier Audit Company Limited is a mature, micro sized company, Pomanda has estimated its turnover at £4.9k with declining growth in recent years.

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Premier Audit Company Limited Health Check

Pomanda's financial health check has awarded Premier Audit Company Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £4.9k, make it smaller than the average company (£5.5m)

£4.9k - Premier Audit Company Limited

£5.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (5%)

-35% - Premier Audit Company Limited

5% - Industry AVG

production

Production

with a gross margin of 54.3%, this company has a comparable cost of product (54.3%)

54.3% - Premier Audit Company Limited

54.3% - Industry AVG

profitability

Profitability

an operating margin of 36.1% make it more profitable than the average company (9.1%)

36.1% - Premier Audit Company Limited

9.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (14)

1 - Premier Audit Company Limited

14 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Premier Audit Company Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £4.9k, this is less efficient (£222.2k)

£4.9k - Premier Audit Company Limited

£222.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Premier Audit Company Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Premier Audit Company Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Premier Audit Company Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Premier Audit Company Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1.1%, this is a lower level of debt than the average (71.4%)

1.1% - Premier Audit Company Limited

71.4% - Industry AVG

PREMIER AUDIT COMPANY LIMITED financials

EXPORTms excel logo

Premier Audit Company Limited's latest turnover from December 2023 is £4.9 thousand and the company has net assets of £38.4 thousand. According to their latest financial statements, we estimate that Premier Audit Company Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover4,9444,4724,55618,29917,25623,79323,54826,001207,881204,000210,000200,000149,000129,00099,000
Other Income Or Grants
Cost Of Sales2,2611,9451,8937,8127,35310,1509,93210,08973,59678,31382,54683,30465,03759,273
Gross Profit2,6832,5272,66310,4879,90313,64313,61615,912134,285125,687127,454116,69683,96369,727
Admin Expenses8961,8682,5159,8389,13412,74312,17414,270122,421113,687115,454106,17075,85557,227-9,000
Operating Profit1,7876591486497699001,4421,64211,86412,00012,00010,5268,10812,5009,000
Interest Payable
Interest Receivable1,689533
Pre-Tax Profit1,7526591486497699001,4421,64211,90112,00012,00011,0008,00012,0009,000
Tax-412-125-28-123-146-171-278-328-2,410-3,000-3,000-3,000-2,000-3,000-3,000
Profit After Tax1,3405341205266237291,1641,3149,4919,0009,0008,0006,0009,0006,000
Dividends Paid25,00045,000
Retained Profit1,3405341205266237291,1641,3149,4919,000-16,0008,0006,000-36,0006,000
Employee Costs
Number Of Employees11111111222111
EBITDA*1,7876591486497699001,4421,64211,86412,00012,00010,5268,10812,5009,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
Group Debtors38,84437,21736,58636,56136,05835,46034,83833,72434,49225,00016,00032,00023,00018,00054,000
Misc Debtors
Cash
misc current assets
total current assets38,84437,21736,58636,56136,05835,46034,83833,72434,49225,00016,00032,00023,00018,00054,000
total assets38,84437,21736,58636,56136,05835,46034,83833,72434,49225,00016,00032,00023,00018,00054,000
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities412125281231461712783282,4103,0003,0003,0002,0003,0003,000
total current liabilities412125281231461712783282,4103,0003,0003,0002,0003,0003,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities412125281231461712783282,4103,0003,0003,0002,0003,0003,000
net assets38,43237,09236,55836,43835,91235,28934,56033,39632,08222,00013,00029,00021,00015,00051,000
total shareholders funds38,43237,09236,55836,43835,91235,28934,56033,39632,08222,00013,00029,00021,00015,00051,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,7876591486497699001,4421,64211,86412,00012,00010,5268,10812,5009,000
Depreciation
Amortisation
Tax-412-125-28-123-146-171-278-328-2,410-3,000-3,000-3,000-2,000-3,000-3,000
Stock
Debtors1,627631255035986221,114-7689,4929,000-16,0009,0005,000-36,00054,000
Creditors
Accruals and Deferred Income28797-95-23-25-107-50-2,082-5901,000-1,0003,000
Deferred Taxes & Provisions
Cash flow from operations35-62825,000-47410845,500-45,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue59145,000
interest1,689533
cash flow from financing1,68953359145,000
cash and cash equivalents
cash
overdraft
change in cash

premier audit company 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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Premier Audit Company Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for premier audit company limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EC2M area or any other competitors across 12 key performance metrics.

premier audit company limited Ownership

PREMIER AUDIT COMPANY LIMITED group structure

Premier Audit Company Limited has no subsidiary companies.

Ultimate parent company

2 parents

PREMIER AUDIT COMPANY LIMITED

05404150

PREMIER AUDIT COMPANY LIMITED Shareholders

rbs invoice finance limited 100%

premier audit company limited directors

Premier Audit Company Limited currently has 3 directors. The longest serving directors include Ms Lisa Phillips (Jan 2022) and Mr Paul Edwards (Aug 2024).

officercountryagestartendrole
Ms Lisa PhillipsEngland53 years Jan 2022- Director
Mr Paul EdwardsEngland50 years Aug 2024- Director
Mr Kunal KrishnaEngland41 years Oct 2024- Director

P&L

December 2023

turnover

4.9k

+11%

operating profit

1.8k

0%

gross margin

54.3%

-3.96%

turnover

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

Balance Sheet

December 2023

net assets

38.4k

+0.04%

total assets

38.8k

+0.04%

cash

0

0%

net assets

Total assets minus all liabilities

premier audit company limited company details

company number

05404150

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

March 2005

age

20

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

ERNST & YOUNG LLP

address

250 bishopsgate, london, EC2M 4AA

Bank

-

Legal Advisor

-

premier audit company 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 premier audit company limited.

premier audit company 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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premier audit company limited Companies House Filings - See Documents

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