prem contractors limited
prem contractors limited Company Information
Company Number
05572094
Website
-Registered Address
43 cotman gardens, edgware, middlesex, HA8 5TH
Industry
Construction of commercial buildings
Construction of domestic buildings
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
premji bhimji 50%
dayaben premji bhimji 50%
prem contractors limited Estimated Valuation
Pomanda estimates the enterprise value of PREM CONTRACTORS LIMITED at £2.1k based on a Turnover of £6.6k and 0.31x industry multiple (adjusted for size and gross margin).
prem contractors limited Estimated Valuation
Pomanda estimates the enterprise value of PREM CONTRACTORS LIMITED at £5.2k based on an EBITDA of £2k and a 2.56x industry multiple (adjusted for size and gross margin).
prem contractors limited Estimated Valuation
Pomanda estimates the enterprise value of PREM CONTRACTORS LIMITED at £0 based on Net Assets of £-105.9k and 1.16x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Prem Contractors Limited Overview
Prem Contractors Limited is a live company located in middlesex, HA8 5TH with a Companies House number of 05572094. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in September 2005, it's largest shareholder is premji bhimji with a 50% stake. Prem Contractors Limited is a established, micro sized company, Pomanda has estimated its turnover at £6.6k with unknown growth in recent years.
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Prem Contractors Limited Health Check
Pomanda's financial health check has awarded Prem Contractors Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
5 Weak
Size
annual sales of £6.6k, make it smaller than the average company (£5.4m)
£6.6k - Prem Contractors Limited
£5.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Prem Contractors Limited
- - Industry AVG
Production
with a gross margin of 8.9%, this company has a higher cost of product (17.7%)
8.9% - Prem Contractors Limited
17.7% - Industry AVG
Profitability
an operating margin of 30.7% make it more profitable than the average company (4.7%)
30.7% - Prem Contractors Limited
4.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
1 - Prem Contractors Limited
17 - Industry AVG
Pay Structure
on an average salary of £47.8k, the company has an equivalent pay structure (£47.8k)
- Prem Contractors Limited
£47.8k - Industry AVG
Efficiency
resulting in sales per employee of £6.6k, this is less efficient (£271.3k)
£6.6k - Prem Contractors Limited
£271.3k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (35 days)
25 days - Prem Contractors Limited
35 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Prem Contractors Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Prem Contractors Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Prem Contractors Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22882.6%, this is a higher level of debt than the average (71.7%)
22882.6% - Prem Contractors Limited
71.7% - Industry AVG
PREM CONTRACTORS LIMITED financials
Prem Contractors Limited's latest turnover from June 2023 is £6.6 thousand and the company has net assets of -£105.9 thousand. According to their latest financial statements, Prem Contractors Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,614 | 6,205 | 0 | 0 | 11,959 | 49,509 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 0 | 0 | 45,127 | |||||||||||
| Gross Profit | 0 | 0 | 690 | 4,382 | ||||||||||
| Admin Expenses | 0 | 1,600 | 1,707 | |||||||||||
| Operating Profit | 0 | -1,600 | -1,017 | 5,598 | ||||||||||
| Interest Payable | 0 | 0 | 0 | 67 | 0 | 0 | 0 | |||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Pre-Tax Profit | 1,522 | -91,897 | 0 | -1,667 | -1,017 | 5,598 | -18,023 | |||||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Profit After Tax | 1,522 | -91,897 | 0 | -1,667 | -1,017 | 5,598 | -18,023 | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Retained Profit | 1,522 | -91,897 | 0 | -1,667 | -1,017 | 5,598 | -18,023 | |||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* | 0 | -1,600 | -1,017 | 5,721 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 368 | 368 | 368 | 368 | 491 | 655 | 932 | 1,243 | 1,657 | 2,209 | 2,945 | 3,927 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 368 | 368 | 368 | 368 | 491 | 655 | 932 | 1,243 | 1,657 | 2,209 | 2,945 | 3,927 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,150 | 18,260 |
| Trade Debtors | 465 | 0 | 100,045 | 97,480 | 97,480 | 62,438 | 68,029 | 68,029 | 103,056 | 103,056 | 105,171 | 115,951 | 121,484 | 136,225 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 35,042 | 35,042 | 36,842 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 2,565 | 191 | 210 | 76 | 18 | 28 | 53 | 11 | 0 | 15 | 45 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 465 | 0 | 100,045 | 100,045 | 97,671 | 97,690 | 103,147 | 104,889 | 103,084 | 103,109 | 105,182 | 115,951 | 124,649 | 154,530 |
| total assets | 465 | 0 | 100,413 | 100,413 | 98,039 | 98,058 | 103,638 | 105,544 | 104,016 | 104,352 | 106,839 | 118,160 | 127,594 | 158,457 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 349 | 1,154 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 111,037 | 1,060 | 1,061 | 2,864 | 60,339 | 58,068 | 56,935 | 68,016 | 86,266 | 131,676 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 109,880 | 121,057 | 126,591 | 64,591 | 64,836 | 60,329 | 53,093 | 47,232 | 42,559 |
| total current liabilities | 0 | 0 | 0 | 0 | 111,037 | 110,940 | 122,118 | 129,455 | 124,930 | 122,904 | 117,613 | 122,263 | 133,498 | 174,235 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 106,404 | 107,462 | 2,475 | 2,475 | 900 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 113,503 | 113,503 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 106,404 | 107,462 | 115,978 | 115,978 | 900 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 106,404 | 107,462 | 115,978 | 115,978 | 111,937 | 110,940 | 122,118 | 129,455 | 124,930 | 122,904 | 117,613 | 122,263 | 133,498 | 174,235 |
| net assets | -105,939 | -107,462 | -15,565 | -15,565 | -13,898 | -12,882 | -18,480 | -23,911 | -20,914 | -18,552 | -10,774 | -4,103 | -5,904 | -15,778 |
| total shareholders funds | -105,939 | -107,462 | -15,565 | -15,565 | -13,898 | -12,882 | -18,480 | -23,911 | -20,914 | -18,552 | -10,774 | -4,103 | -5,904 | -15,778 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 0 | -1,600 | -1,017 | 5,598 | ||||||||||
| Depreciation | 0 | 368 | 0 | 0 | 123 | 164 | 277 | 311 | 414 | 552 | 736 | 982 | 1,310 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,150 | -15,110 | 18,260 |
| Debtors | 465 | -100,045 | 2,565 | 0 | 0 | -5,591 | -1,800 | 1,815 | 0 | -2,115 | -10,780 | -5,533 | -14,741 | 136,225 |
| Creditors | 0 | 0 | 0 | -111,037 | 109,977 | -1 | -1,803 | -57,475 | 2,271 | 1,133 | -11,081 | -18,250 | -45,410 | 131,676 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -109,880 | -11,177 | -5,534 | 62,000 | -245 | 4,507 | 7,236 | 5,861 | 4,673 | 42,559 |
| Deferred Taxes & Provisions | 0 | -113,503 | 0 | 113,503 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -2,565 | 866 | 134 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -1,058 | 104,987 | 0 | 1,575 | 900 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | -67 | 0 | 0 | 0 | |||||||
| cash flow from financing | -1,057 | 104,987 | 0 | 1,508 | 901 | 0 | 2,245 | |||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | -2,565 | 2,374 | -19 | 134 | 58 | -10 | -25 | 42 | 11 | -15 | -30 | 45 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -349 | -805 | 1,154 | 0 | 0 |
| change in cash | 0 | 0 | -2,565 | 2,374 | -19 | 134 | 58 | -10 | -25 | 391 | 816 | -1,169 | -30 | 45 |
prem contractors limited Credit Report and Business Information
Prem Contractors Limited Competitor Analysis
Perform a competitor analysis for prem contractors limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in HA8 area or any other competitors across 12 key performance metrics.
prem contractors limited Ownership
PREM CONTRACTORS LIMITED group structure
Prem Contractors Limited has no subsidiary companies.
Ultimate parent company
PREM CONTRACTORS LIMITED
05572094
prem contractors limited directors
Prem Contractors Limited currently has 2 directors. The longest serving directors include Mr Premji Bhimji (Sep 2005) and Mrs Dayaben Bhimji (Mar 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Premji Bhimji | United Kingdom | 62 years | Sep 2005 | - | Director |
| Mrs Dayaben Bhimji | 63 years | Mar 2011 | - | Director |
P&L
June 2023turnover
6.6k
+7%
operating profit
2k
0%
gross margin
9%
-5.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-105.9k
-0.01%
total assets
465
0%
cash
0
0%
net assets
Total assets minus all liabilities
prem contractors limited company details
company number
05572094
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
incorporation date
September 2005
age
19
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
43 cotman gardens, edgware, middlesex, HA8 5TH
accountant
-
auditor
-
prem contractors 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 prem contractors limited.
prem contractors limited Companies House Filings - See Documents
| date | description | view/download |
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