prime education and training ltd Company Information
Company Number
06198271
Next Accounts
Sep 2025
Shareholders
nigel pamplin
andrew hutchinson
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
the old market unit n2, upper market street, hove, BN3 1AS
Website
www.primeeducation.comprime education and training ltd Estimated Valuation
Pomanda estimates the enterprise value of PRIME EDUCATION AND TRAINING LTD at £45.3m based on a Turnover of £41.3m and 1.1x industry multiple (adjusted for size and gross margin).
prime education and training ltd Estimated Valuation
Pomanda estimates the enterprise value of PRIME EDUCATION AND TRAINING LTD at £23.5m based on an EBITDA of £2.7m and a 8.68x industry multiple (adjusted for size and gross margin).
prime education and training ltd Estimated Valuation
Pomanda estimates the enterprise value of PRIME EDUCATION AND TRAINING LTD at £0 based on Net Assets of £-4.1m and 2.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Prime Education And Training Ltd Overview
Prime Education And Training Ltd is a live company located in hove, BN3 1AS with a Companies House number of 06198271. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 2007, it's largest shareholder is nigel pamplin with a 27.8% stake. Prime Education And Training Ltd is a established, large sized company, Pomanda has estimated its turnover at £41.3m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Prime Education And Training Ltd Health Check
Pomanda's financial health check has awarded Prime Education And Training Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs


7 Strong

1 Regular

4 Weak

Size
annual sales of £41.3m, make it larger than the average company (£20.2m)
£41.3m - Prime Education And Training Ltd
£20.2m - Industry AVG

Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (7.4%)
26% - Prime Education And Training Ltd
7.4% - Industry AVG

Production
with a gross margin of 39.3%, this company has a comparable cost of product (33.7%)
39.3% - Prime Education And Training Ltd
33.7% - Industry AVG

Profitability
an operating margin of 4.4% make it less profitable than the average company (5.9%)
4.4% - Prime Education And Training Ltd
5.9% - Industry AVG

Employees
with 433 employees, this is above the industry average (110)
433 - Prime Education And Training Ltd
110 - Industry AVG

Pay Structure
on an average salary of £33.5k, the company has a lower pay structure (£49.8k)
£33.5k - Prime Education And Training Ltd
£49.8k - Industry AVG

Efficiency
resulting in sales per employee of £95.3k, this is less efficient (£205.1k)
£95.3k - Prime Education And Training Ltd
£205.1k - Industry AVG

Debtor Days
it gets paid by customers after 32 days, this is earlier than average (45 days)
32 days - Prime Education And Training Ltd
45 days - Industry AVG

Creditor Days
its suppliers are paid after 10 days, this is quicker than average (42 days)
10 days - Prime Education And Training Ltd
42 days - Industry AVG

Stock Days
it holds stock equivalent to 0 days, this is less than average (48 days)
0 days - Prime Education And Training Ltd
48 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (15 weeks)
18 weeks - Prime Education And Training Ltd
15 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 118.3%, this is a higher level of debt than the average (55.6%)
118.3% - Prime Education And Training Ltd
55.6% - Industry AVG
PRIME EDUCATION AND TRAINING LTD financials

Prime Education And Training Ltd's latest turnover from December 2023 is £41.3 million and the company has net assets of -£4.1 million. According to their latest financial statements, Prime Education And Training Ltd has 433 employees and maintains cash reserves of £8 million 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 | 41,266,784 | 33,849,405 | 19,253,094 | 20,714,577 | 37,214,540 | 37,556,816 | 44,242,171 | 39,495,070 | 38,266,394 | 35,937,109 | 26,352,618 | 19,886,906 | 16,373,449 | 12,012,433 | 10,185,695 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 25,039,423 | 19,607,374 | 12,479,839 | 17,294,474 | 27,094,178 | 27,351,953 | 33,308,058 | 30,396,087 | 29,436,893 | 27,800,839 | 20,783,407 | 15,060,791 | 11,742,558 | 8,371,008 | 6,892,871 |
Gross Profit | 16,227,361 | 14,242,031 | 6,773,255 | 3,420,103 | 10,120,362 | 10,204,863 | 10,934,113 | 9,098,983 | 8,829,501 | 8,136,270 | 5,569,211 | 4,826,115 | 4,630,891 | 3,641,425 | 3,292,824 |
Admin Expenses | 14,410,604 | 13,433,949 | 8,922,888 | 6,382,038 | 9,847,057 | 10,574,361 | 10,188,666 | 8,938,000 | 8,880,075 | 7,773,374 | 4,887,042 | 4,703,621 | 3,846,532 | 3,047,259 | 2,811,823 |
Operating Profit | 1,816,757 | 808,082 | -2,149,633 | -2,961,935 | 273,305 | -369,498 | 745,447 | 160,983 | -50,574 | 362,896 | 682,169 | 122,494 | 784,359 | 594,166 | 481,001 |
Interest Payable | 344,719 | 232,238 | 116,167 | 94,164 | 117,598 | 106,650 | 97,037 | 102,347 | 108,342 | 109,949 | 109,994 | 83,385 | 141,167 | 209,945 | 224,149 |
Interest Receivable | 123,642 | 6,715 | 413 | 8,475 | 12,088 | 1,293 | 57 | 133 | 751 | 39 | 2,211 | 9 | 54 | 493 | |
Pre-Tax Profit | 1,639,977 | 582,559 | -2,265,387 | -3,047,624 | 167,795 | -483,086 | 648,410 | 57,457 | -158,829 | 262,221 | 538,130 | 269,430 | 879,253 | 384,275 | 257,345 |
Tax | 34,904 | -166,478 | 41,105 | 177,383 | -70,330 | 13,793 | -81,270 | -112,548 | -51,445 | -108,290 | -122,943 | -60,472 | -175,095 | -172,532 | -54,930 |
Profit After Tax | 1,674,881 | 416,081 | -2,224,282 | -2,870,241 | 97,465 | -469,293 | 567,140 | -55,091 | -210,274 | 153,931 | 415,187 | 208,958 | 704,158 | 211,743 | 202,415 |
Dividends Paid | 301,189 | 206,502 | 317,709 | 190,127 | 357,031 | 363,967 | 617,725 | 354,311 | 350,167 | 357,242 | 355,864 | 179,807 | 121,526 | ||
Retained Profit | 1,373,692 | 209,579 | -2,541,991 | -3,060,368 | -259,566 | -833,260 | -50,585 | -409,402 | -560,441 | -203,311 | 59,323 | 29,151 | 582,632 | 211,743 | 202,415 |
Employee Costs | 14,515,338 | 13,042,004 | 9,869,492 | 9,994,085 | 12,295,273 | 12,958,186 | 12,312,195 | 11,329,163 | 10,989,504 | 9,488,463 | 7,383,530 | 6,056,109 | 4,784,346 | 3,543,439 | 3,228,516 |
Number Of Employees | 433 | 389 | 322 | 380 | 545 | 532 | 462 | 494 | 626 | 502 | 376 | 231 | 209 | 197 | 190 |
EBITDA* | 2,707,207 | 1,590,323 | -869,927 | -2,138,103 | 1,198,633 | 665,891 | 1,783,524 | 1,208,120 | 791,014 | 904,903 | 1,061,728 | 361,100 | 1,011,213 | 728,830 | 618,110 |
* 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 | 7,928,239 | 7,851,860 | 7,803,849 | 8,203,159 | 8,788,528 | 9,354,065 | 9,723,693 | 9,600,906 | 8,303,276 | 7,331,985 | 6,613,297 | 5,099,490 | 3,521,352 | 2,888,776 | 2,724,431 |
Intangible Assets | 53,347 | 438,012 | 743,445 | 1,063,551 | 1,274,182 | 1,585,566 | 1,858,335 | 2,187,969 | 2,350,643 | 2,363,695 | 2,617,132 | 2,617,132 | 2,490,405 | 2,490,405 | 2,386,685 |
Investments & Other | 10,569 | 10,569 | 10,569 | 10,569 | 50,676 | ||||||||||
Debtors (Due After 1 year) | 241,260 | 224,860 | 183,556 | 147,090 | 168,318 | 181,943 | 178,963 | 209,693 | 310,904 | 415,695 | 95,639 | 23,284 | |||
Total Fixed Assets | 8,222,846 | 8,514,732 | 8,741,419 | 9,424,369 | 10,241,597 | 11,132,143 | 11,760,991 | 11,998,568 | 10,964,823 | 10,111,375 | 9,326,068 | 7,790,582 | 6,011,757 | 5,379,181 | 5,111,116 |
Stock & work in progress | 16,145 | 15,610 | 9,374 | 8,360 | 14,144 | 14,222 | 18,408 | 10,751 | 3,446 | 11,379 | 19,201 | 6,508 | 14,019 | 10,484 | 5,155 |
Trade Debtors | 3,630,739 | 4,359,738 | 3,646,944 | 2,709,515 | 3,332,053 | 2,522,305 | 2,281,981 | 2,378,323 | 2,463,559 | 2,436,021 | 2,398,483 | 1,626,436 | 1,130,116 | 594,051 | 982,216 |
Group Debtors | 237,727 | 187,199 | 89,115 | 306,316 | 498,769 | ||||||||||
Misc Debtors | 2,190,999 | 1,675,855 | 2,062,437 | 2,018,837 | 2,653,903 | 2,992,795 | 3,008,420 | 1,193,806 | 850,630 | 879,126 | 860,928 | 524,620 | 298,945 | 383,736 | 268,034 |
Cash | 8,048,877 | 8,008,123 | 5,270,515 | 7,143,002 | 7,687,357 | 3,942,503 | 3,742,952 | 2,873,650 | 3,831,619 | 4,419,899 | 2,373,161 | 1,041,365 | 1,605,351 | 1,358,542 | 381,524 |
misc current assets | |||||||||||||||
total current assets | 13,886,760 | 14,059,326 | 10,989,270 | 11,879,714 | 13,687,457 | 9,709,552 | 9,051,761 | 6,456,530 | 7,336,453 | 7,746,425 | 5,740,888 | 3,505,245 | 3,547,200 | 2,346,813 | 1,636,929 |
total assets | 22,109,606 | 22,574,058 | 19,730,689 | 21,304,083 | 23,929,054 | 20,841,695 | 20,812,752 | 18,455,098 | 18,301,276 | 17,857,800 | 15,066,956 | 11,295,827 | 9,558,957 | 7,725,994 | 6,748,045 |
Bank overdraft | 700,297 | 318,069 | 9,510 | ||||||||||||
Bank loan | 406,928 | 581,288 | 186,388 | 186,388 | 186,388 | 262,921 | 256,743 | 214,370 | 214,727 | 160,029 | 247,288 | 192,107 | 192,107 | ||
Trade Creditors | 733,401 | 527,572 | 915,146 | 632,610 | 701,365 | 351,466 | 516,157 | 342,171 | 304,440 | 370,910 | 287,366 | 280,006 | 206,210 | 172,490 | 202,165 |
Group/Directors Accounts | 2 | 231,659 | 1 | 50,848 | |||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | 49,314 | 49,314 | |||||||||||||
other current liabilities | 21,274,538 | 22,316,437 | 17,866,791 | 16,949,888 | 18,846,449 | 15,383,232 | 14,892,316 | 12,808,881 | 13,415,986 | 12,525,286 | 9,862,154 | 7,035,150 | 5,139,438 | 3,793,792 | 2,671,015 |
total current liabilities | 22,464,181 | 23,474,611 | 19,482,234 | 17,768,888 | 19,734,202 | 16,152,745 | 15,726,542 | 13,413,973 | 13,986,679 | 13,110,566 | 10,364,247 | 7,475,185 | 5,592,937 | 4,158,389 | 3,116,135 |
loans | 3,501,556 | 4,348,242 | 4,929,530 | 5,668,588 | 3,215,185 | 3,401,572 | 3,058,266 | 2,914,092 | 3,183,190 | 3,278,537 | 3,194,523 | 2,935,241 | 3,008,009 | 3,225,163 | 3,387,891 |
hp & lease commitments | 29,059 | 79,689 | |||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | 169,069 | 160,810 | 343,566 | 350,257 | 357,312 | 373,905 | 340,050 | 362,371 | 70,514 | 142,227 | 35,036 | 27,100 | 59,269 | 26,333 | 15,041 |
total long term liabilities | 3,699,684 | 4,588,741 | 5,273,096 | 6,018,845 | 3,572,497 | 3,775,477 | 3,398,316 | 3,276,463 | 3,253,704 | 3,420,764 | 3,229,559 | 2,962,341 | 3,067,278 | 3,251,496 | 3,402,932 |
total liabilities | 26,163,865 | 28,063,352 | 24,755,330 | 23,787,733 | 23,306,699 | 19,928,222 | 19,124,858 | 16,690,436 | 17,240,383 | 16,531,330 | 13,593,806 | 10,437,526 | 8,660,215 | 7,409,885 | 6,519,067 |
net assets | -4,054,259 | -5,489,294 | -5,024,641 | -2,483,650 | 622,355 | 913,473 | 1,687,894 | 1,764,662 | 1,060,893 | 1,326,470 | 1,473,150 | 858,301 | 898,742 | 316,109 | 228,978 |
total shareholders funds | -4,054,259 | -5,489,294 | -5,024,641 | -2,483,650 | 622,355 | 913,473 | 1,687,894 | 1,764,662 | 1,060,893 | 1,326,470 | 1,473,150 | 858,301 | 898,742 | 316,109 | 228,978 |
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 | 1,816,757 | 808,082 | -2,149,633 | -2,961,935 | 273,305 | -369,498 | 745,447 | 160,983 | -50,574 | 362,896 | 682,169 | 122,494 | 784,359 | 594,166 | 481,001 |
Depreciation | 510,424 | 447,815 | 956,526 | 567,558 | 630,324 | 738,070 | 749,789 | 793,685 | 593,497 | 542,007 | 379,559 | 238,606 | 226,854 | 134,664 | 137,109 |
Amortisation | 380,026 | 334,426 | 323,180 | 256,274 | 295,004 | 297,319 | 288,288 | 253,452 | 248,091 | ||||||
Tax | 34,904 | -166,478 | 41,105 | 177,383 | -70,330 | 13,793 | -81,270 | -112,548 | -51,445 | -108,290 | -122,943 | -60,472 | -175,095 | -172,532 | -54,930 |
Stock | 535 | 6,236 | 1,014 | -5,784 | -78 | -4,186 | 7,657 | 7,305 | -7,933 | -7,822 | 12,693 | -7,511 | 3,535 | 5,329 | 5,155 |
Debtors | -197,455 | 367,516 | 1,017,495 | -1,278,832 | 219,504 | 465,406 | 1,687,542 | -30,470 | 81,450 | 286,677 | 963,509 | 552,826 | 950,043 | -272,463 | 1,250,250 |
Creditors | 205,829 | -387,574 | 282,536 | -68,755 | 349,899 | -164,691 | 173,986 | 37,731 | -66,470 | 83,544 | 7,360 | 73,796 | 33,720 | -29,675 | 202,165 |
Accruals and Deferred Income | -1,041,899 | 4,449,646 | 916,903 | -1,896,561 | 3,463,217 | 490,916 | 2,083,435 | -607,105 | 890,700 | 2,663,132 | 2,827,004 | 1,895,712 | 1,345,646 | 1,122,777 | 2,671,015 |
Deferred Taxes & Provisions | 8,259 | -182,756 | -6,691 | -7,055 | -16,593 | 33,855 | -22,321 | 291,857 | -71,713 | 107,191 | 7,936 | -32,169 | 32,936 | 11,292 | 15,041 |
Cash flow from operations | 2,111,220 | 4,929,409 | -654,583 | -2,648,475 | 4,705,400 | 578,544 | 2,242,155 | 841,220 | 1,418,569 | 3,371,625 | 2,804,883 | 1,692,652 | 1,294,842 | 1,927,826 | |
Investing Activities | |||||||||||||||
capital expenditure | -271,077 | -1,065,883 | -412,127 | -1,587,042 | -1,054,872 | -1,355,692 | -1,994,147 | -864,743 | -402,729 | -236,028 | |||||
Change in Investments | -10,569 | 10,569 | -50,676 | 50,676 | |||||||||||
cash flow from investments | 10,569 | -281,646 | -1,065,883 | -412,127 | -1,587,042 | -1,054,872 | -1,305,016 | -2,044,823 | -864,743 | -402,729 | -236,028 | ||||
Financing Activities | |||||||||||||||
Bank loans | -174,360 | 581,288 | -186,388 | 186,388 | -262,921 | 6,178 | 42,373 | -357 | 54,698 | -87,259 | 55,181 | 192,107 | |||
Group/Directors Accounts | -2 | 2 | -231,659 | 231,659 | -1 | 1 | -50,848 | 50,848 | |||||||
Other Short Term Loans | |||||||||||||||
Long term loans | -846,686 | -581,288 | -739,058 | 2,453,403 | -186,387 | 343,306 | 144,174 | -269,098 | -95,347 | 84,014 | 259,282 | -72,768 | -217,154 | -162,728 | 3,387,891 |
Hire Purchase and Lease Commitments | -50,630 | 129,003 | |||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | -221,077 | -225,523 | -115,754 | -85,689 | -105,510 | -105,357 | -97,037 | -102,290 | -108,209 | -109,198 | -109,955 | -81,174 | -141,158 | -209,891 | -223,656 |
cash flow from financing | -1,231,410 | -770,752 | -1,040,202 | 2,322,079 | -555,108 | 714,835 | -241,967 | 747,961 | 133,681 | 31,090 | 759,551 | -310,794 | -303,129 | -548,079 | 3,433,753 |
cash and cash equivalents | |||||||||||||||
cash | 40,754 | 2,737,608 | -1,872,487 | -544,355 | 3,744,854 | 199,551 | 869,302 | -957,969 | -588,280 | 2,046,738 | 1,331,796 | -563,986 | 246,809 | 977,018 | 381,524 |
overdraft | -700,297 | 700,297 | -318,069 | 318,069 | -9,510 | 9,510 | |||||||||
change in cash | 40,754 | 3,437,905 | -2,572,784 | -544,355 | 3,744,854 | 517,620 | 551,233 | -948,459 | -597,790 | 2,046,738 | 1,331,796 | -563,986 | 246,809 | 977,018 | 381,524 |
prime education and training ltd Credit Report and Business Information
Prime Education And Training Ltd Competitor Analysis

Perform a competitor analysis for prime education and training ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in BN3 area or any other competitors across 12 key performance metrics.
prime education and training ltd Ownership
PRIME EDUCATION AND TRAINING LTD group structure
Prime Education And Training Ltd has 5 subsidiary companies.
Ultimate parent company
PRIME EDUCATION AND TRAINING LTD
06198271
5 subsidiaries
prime education and training ltd directors
Prime Education And Training Ltd currently has 3 directors. The longest serving directors include Mr Nigel Pamplin (Jun 2007) and Mr Andrew Hutchinson (Jun 2007).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Nigel Pamplin | United Kingdom | 62 years | Jun 2007 | - | Director |
Mr Andrew Hutchinson | United Kingdom | 60 years | Jun 2007 | - | Director |
Mr Andrew Green | United Kingdom | 57 years | Apr 2008 | - | Director |
P&L
December 2023turnover
41.3m
+22%
operating profit
1.8m
+125%
gross margin
39.4%
-6.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-4.1m
-0.26%
total assets
22.1m
-0.02%
cash
8m
+0.01%
net assets
Total assets minus all liabilities
prime education and training ltd company details
company number
06198271
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
April 2007
age
18
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
bagborder limited (August 2007)
accountant
-
auditor
GALLOWAYS ACCOUNTING
address
the old market unit n2, upper market street, hove, BN3 1AS
Bank
-
Legal Advisor
-
prime education and training 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 7 charges/mortgages relating to prime education and training ltd. Currently there are 4 open charges and 3 have been satisfied in the past.
prime education and training 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.
Click to start generating capital raising & share issue transactions for PRIME EDUCATION AND TRAINING LTD. This can take several minutes, an email will notify you when this has completed.
prime education and training ltd Companies House Filings - See Documents
date | description | view/download |
---|