P R News Ltd

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p r news ltd Company Information

Live

EstablishedMicroDeclining

Company Number

06845160

Website

Registered Address

unit 3, gordon mews, gordon close, brighton, BN41 1HU

Industry

Retail sale in non-specialised stores with food, beverages or tobacco predominating

Telephone

01273605366

Next Accounts Due

December 2024

Group Structure

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Directors

Xin Du10 Years

Keming Xin10 Years

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Shareholders

keming xin 50%

xin du 45%

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p r news ltd Estimated Valuation

£64.1k

Pomanda estimates the enterprise value of P R NEWS LTD at £64.1k based on a Turnover of £271.2k and 0.24x industry multiple (adjusted for size and gross margin).

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P R News Ltd is a live company located in brighton, BN41 1HU with a Companies House number of 06845160. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in March 2009, it's largest shareholder is keming xin with a 50% stake. P R News Ltd is a established, micro sized company, Pomanda has estimated its turnover at £271.2k with declining growth in recent years.

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Pomanda's financial health check has awarded P R News Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

1 Regular

7 Weak

Size

annual sales of £271.2k, make it smaller than the average company (£1m)

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5.4%)

EXPORT

P R News Ltd's latest turnover from March 2023 is estimated at £271.2 thousand and the company has net assets of -£18.3 thousand. According to their latest financial statements, P R News Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	271,150	245,418	234,272	273,589	262,827	165,209	146,895	161,396	148,034	167,980	157,726	209,480	185,040	115,410
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	230,788	207,863	200,677	228,940	221,797	139,502	122,784	135,571	124,624	141,195	133,049	175,544	154,509	96,611
Gross Profit	40,362	37,556	33,595	44,649	41,030	25,706	24,111	25,826	23,410	26,785	24,677	33,936	30,532	18,799
Admin Expenses	41,454	35,163	50,380	48,047	39,822	25,684	25,261	25,943	26,164	21,623	31,006	23,900	30,490	19,925
Operating Profit	-1,092	2,393	-16,785	-3,398	1,208	22	-1,150	-117	-2,754	5,162	-6,329	10,036	42	-1,126
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	3	34	18	17	14	2	2	0	0	0
Pre-Tax Profit	-1,092	2,393	-16,785	-3,398	1,211	56	-1,132	-100	-2,740	5,165	-6,327	10,036	42	-1,126
Tax	0	-455	0	0	-230	-11	0	0	0	-1,188	0	-2,609	-12	0
Profit After Tax	-1,092	1,938	-16,785	-3,398	981	45	-1,132	-100	-2,740	3,977	-6,327	7,427	30	-1,126
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-1,092	1,938	-16,785	-3,398	981	45	-1,132	-100	-2,740	3,977	-6,327	7,427	30	-1,126
Employee Costs	29,974	29,788	28,196	27,573	27,427	39,066	25,437	26,403	12,913	26,002	11,708	23,681	24,172	12,045
Number Of Employees	2	2	2	2	2	3	2	2	1	2	1	2	2	1
EBITDA*	-1,092	2,393	-16,785	-3,398	1,208	399	-648	553	-2,754	5,162	-6,329	10,036	42	-1,126

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	268	357	476	635	847	1,130	1,507	2,009	0	0	0	0	0	0
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	268	357	476	635	847	1,130	1,507	2,009	0	0	0	0	0	0
Stock & work in progress	0	0	0	0	0	32,512	34,652	39,874	34,931	32,800	32,800	30,600	22,400	13,600
Trade Debtors	45,621	45,289	41,106	38,218	36,905	0	0	0	143	0	1,665	0	0	0
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	107	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	777	12,752	1,262	5,359	73	911	0	0	0
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	45,621	45,289	41,106	38,218	36,905	33,396	47,404	41,136	40,433	32,873	35,376	30,600	22,400	13,600
total assets	45,889	45,646	41,582	38,853	37,752	34,526	48,911	43,145	40,433	32,873	35,376	30,600	22,400	13,600
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	44,191	42,856	40,730	41,216	36,717	2,166	2,165	1,035	14,592	4,292	10,871	23,328	23,495	14,724
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	32,014	46,637	40,869	0	0	0	0	0	0
total current liabilities	44,191	42,856	40,730	41,216	36,717	34,180	48,802	41,904	14,592	4,292	10,871	23,328	23,495	14,724
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	20,000	20,000	20,000	0	0	0	0	0	24,500	24,500	24,500	940	0	0
provisions	0	0	0	0	0	192	0	0	0	0	0	0	0	0
total long term liabilities	20,000	20,000	20,000	0	0	192	0	0	24,500	24,500	24,500	940	0	0
total liabilities	64,191	62,856	60,730	41,216	36,717	34,372	48,802	41,904	39,092	28,792	35,371	24,268	23,495	14,724
net assets	-18,302	-17,210	-19,148	-2,363	1,035	154	109	1,241	1,341	4,081	5	6,332	-1,095	-1,124
total shareholders funds	-18,302	-17,210	-19,148	-2,363	1,035	154	109	1,241	1,341	4,081	5	6,332	-1,095	-1,124

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	-1,092	2,393	-16,785	-3,398	1,208	22	-1,150	-117	-2,754	5,162	-6,329	10,036	42	-1,126
Depreciation	0	0	0	0	0	377	502	670	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-455	0	0	-230	-11	0	0	0	-1,188	0	-2,609	-12	0
Stock	0	0	0	0	-32,512	-2,140	-5,222	4,943	2,131	0	2,200	8,200	8,800	13,600
Debtors	332	4,183	2,888	1,313	36,798	107	0	-143	143	-1,665	1,665	0	0	0
Creditors	1,335	2,126	-486	4,499	34,551	1	1,130	-13,557	10,300	-6,579	-12,457	-167	8,771	14,724
Accruals and Deferred Income	0	0	0	0	-32,014	-14,623	5,768	40,869	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	-192	192	0	0	0	0	0	0	0	0
Cash flow from operations	-89	-119	-20,159	-212	-963	-12,009	11,472	23,065	5,272	-940	-22,651	-940	1	-2
Investing Activities
capital expenditure	89	119	159	212	283	0	0	-2,679	0	0	0	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	89	119	159	212	283	0	0	-2,679	0	0	0	0	0	0
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	0	0	20,000	0	0	0	0	-24,500	0	0	23,560	940	0	0
share issue	0	0	0	0	-100	0	0	0	0	99	0	0	-1	2
interest	0	0	0	0	3	34	18	17	14	2	2	0	0	0
cash flow from financing	0	0	20,000	0	-97	34	18	-24,483	14	101	23,562	940	-1	2
cash and cash equivalents
cash	0	0	0	0	-777	-11,975	11,490	-4,097	5,286	-838	911	0	0	0
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	-777	-11,975	11,490	-4,097	5,286	-838	911	0	0	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for p r news ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BN41 area or any other competitors across 12 key performance metrics.

P R NEWS LTD group structure

P R News Ltd has no subsidiary companies.

Ultimate parent company

P R NEWS LTD

06845160

P R NEWS LTD Shareholders

keming xin	50%
xin du	45%
baoyu du	5%

P R News Ltd currently has 3 directors. The longest serving directors include Mrs Xin Du (Dec 2013) and Mr Keming Xin (Dec 2013).

officer	country	age	start	end	role
Mrs Xin Du	England	44 years	Dec 2013	-	Director
Mr Keming Xin	England	46 years	Dec 2013	-	Director
Ms Baoyu Du		40 years	Nov 2017	-	Director

P&L

March 2023

turnover

271.2k

+10%

operating profit

-1.1k

gross margin

14.9%

-2.73%

turnover

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

Balance Sheet

March 2023

net assets

-18.3k

+0.06%

total assets

45.9k

+0.01%

cash

net assets

Total assets minus all liabilities

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company number

06845160

Type

Private limited with Share Capital

industry

47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

incorporation date

March 2009

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2023

address

unit 3, gordon mews, gordon close, brighton, BN41 1HU

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 p r news ltd.

p r news ltd Company Information

p r news ltd Estimated Valuation

p r news ltd Estimated Valuation

p r news ltd Estimated Valuation

P R News Ltd Overview

P R News Ltd Health Check

P R NEWS LTD financials

p r news ltd Credit Report and Business Information

P R News Ltd Competitor Analysis

p r news ltd Ownership

p r news ltd directors

p r news ltd company details

p r news ltd Charges & Mortgages

p r news ltd Companies House Filings - See Documents