prime life developments limited
prime life developments limited Company Information
Company Number
06963072
Next Accounts
Dec 2025
Shareholders
peter alexander van herrewege settlement
peter van herrewege
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
caenarvon house, 121 knighton church road, leicester, leicestershire, LE2 3JN
Website
www.prime-life.co.ukprime life developments limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME LIFE DEVELOPMENTS LIMITED at £1.5m based on a Turnover of £3.6m and 0.4x industry multiple (adjusted for size and gross margin).
prime life developments limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME LIFE DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-25.3k and a 4.03x industry multiple (adjusted for size and gross margin).
prime life developments limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME LIFE DEVELOPMENTS LIMITED at £8.4m based on Net Assets of £3.9m and 2.13x industry multiple (adjusted for liquidity).
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Prime Life Developments Limited Overview
Prime Life Developments Limited is a live company located in leicester, LE2 3JN with a Companies House number of 06963072. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in July 2009, it's largest shareholder is peter alexander van herrewege settlement with a 95% stake. Prime Life Developments Limited is a established, small sized company, Pomanda has estimated its turnover at £3.6m with high growth in recent years.
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Prime Life Developments Limited Health Check
Pomanda's financial health check has awarded Prime Life Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £3.6m, make it smaller than the average company (£7.3m)
- Prime Life Developments Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (11.2%)
- Prime Life Developments Limited
11.2% - Industry AVG
Production
with a gross margin of 25%, this company has a comparable cost of product (25%)
- Prime Life Developments Limited
25% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (6.5%)
- Prime Life Developments Limited
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (30)
2 - Prime Life Developments Limited
30 - Industry AVG
Pay Structure
on an average salary of £48.8k, the company has an equivalent pay structure (£48.8k)
- Prime Life Developments Limited
£48.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.8m, this is more efficient (£197.8k)
- Prime Life Developments Limited
£197.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Prime Life Developments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Prime Life Developments Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 72 days, this is more than average (13 days)
- Prime Life Developments Limited
13 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Prime Life Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.4%, this is a lower level of debt than the average (60.9%)
0.4% - Prime Life Developments Limited
60.9% - Industry AVG
PRIME LIFE DEVELOPMENTS LIMITED financials
Prime Life Developments Limited's latest turnover from March 2024 is estimated at £3.6 million and the company has net assets of £3.9 million. According to their latest financial statements, Prime Life Developments Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | -29,499 | ||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | -30,245 | ||||||||||||||
| Gross Profit | 746 | ||||||||||||||
| Admin Expenses | 5,812 | 11,622 | |||||||||||||
| Operating Profit | -5,812 | -10,876 | |||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 16 | ||||||||||||||
| Pre-Tax Profit | -5,812 | -10,860 | |||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | -5,812 | -10,860 | |||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -5,812 | -10,860 | |||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||||
| EBITDA* | -5,812 | -10,876 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | 439,523 | ||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 572,178 | 572,178 | 572,178 | 572,178 | 572,178 | 439,523 | |||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 572,178 | 572,178 | 572,178 | 572,178 | 572,178 | 439,523 | 439,523 | ||||||||
| Stock & work in progress | 539,576 | 539,576 | 539,576 | 535,708 | 425,229 | 393,512 | 393,512 | 1,038,800 | 1,038,800 | 1,038,800 | 1,175,600 | 1,983,134 | 2,140,876 | 2,500,000 | |
| Trade Debtors | 1,490,000 | 720,012 | 3,049,164 | 2,766,325 | 2,936,239 | 3,300,002 | |||||||||
| Group Debtors | 2,842,406 | 2,869,261 | 2,880,012 | 2,932,478 | 3,019,180 | 1,735,395 | 216,125 | 255,813 | |||||||
| Misc Debtors | 1,639 | 1,564 | |||||||||||||
| Cash | |||||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 3,383,621 | 3,410,401 | 3,419,588 | 3,468,186 | 3,444,409 | 3,428,207 | 3,618,907 | 1,254,925 | 1,294,613 | 1,758,812 | 4,224,764 | 4,749,459 | 5,077,115 | 5,800,002 | |
| total assets | 3,955,799 | 3,982,579 | 3,991,766 | 4,040,364 | 4,016,587 | 3,867,730 | 4,058,430 | 1,254,925 | 1,294,613 | 1,758,812 | 4,224,764 | 4,749,459 | 5,077,115 | 5,800,002 | |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,810 | 6,353 | 7,180 | 303 | 4,417 | 1,624,065 | 4,122,408 | 4,662,787 | 5,040,551 | 5,800,000 | |||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 16,821 | 18,276 | 13,484 | 21,291 | 11,210 | 528,809 | 1,136,850 | 1,170,726 | |||||||
| total current liabilities | 16,821 | 18,276 | 15,294 | 27,644 | 18,390 | 9,385 | 533,226 | 1,136,850 | 1,170,726 | 1,624,065 | 4,122,408 | 4,662,787 | 5,040,551 | 5,800,000 | |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 16,821 | 18,276 | 15,294 | 27,644 | 18,390 | 9,385 | 533,226 | 1,136,850 | 1,170,726 | 1,624,065 | 4,122,408 | 4,662,787 | 5,040,551 | 5,800,000 | |
| net assets | 3,938,978 | 3,964,303 | 3,976,472 | 4,012,720 | 3,998,197 | 3,858,345 | 3,525,204 | 118,075 | 123,887 | 134,747 | 102,356 | 86,672 | 36,564 | 2 | |
| total shareholders funds | 3,938,978 | 3,964,303 | 3,976,472 | 4,012,720 | 3,998,197 | 3,858,345 | 3,525,204 | 118,075 | 123,887 | 134,747 | 102,356 | 86,672 | 36,564 | 2 |
| Mar 2024 | 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 | -5,812 | -10,876 | |||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 3,868 | 110,479 | 31,717 | -645,288 | -136,800 | -807,534 | -157,742 | -359,124 | 2,500,000 | ||||||
| Debtors | -26,780 | -9,187 | -52,466 | -86,702 | 3,019,180 | -3,225,395 | 3,009,270 | -39,688 | -464,199 | -2,329,152 | 282,839 | -169,914 | -363,763 | 3,300,002 | |
| Creditors | -1,810 | -4,543 | -827 | 6,877 | -4,114 | 4,417 | -1,624,065 | -2,498,343 | -540,379 | -377,764 | -759,449 | 5,800,000 | |||
| Accruals and Deferred Income | -1,455 | 4,792 | -7,807 | 10,081 | 11,210 | -528,809 | -608,041 | -33,876 | 1,170,726 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -16 | ||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 572,178 | -439,523 | 439,523 | ||||||||||||
| 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 issue | |||||||||||||||
| interest | 16 | ||||||||||||||
| cash flow from financing | 16 | ||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | |||||||||||||||
| overdraft | |||||||||||||||
| change in cash |
prime life developments limited Credit Report and Business Information
Prime Life Developments Limited Competitor Analysis
Perform a competitor analysis for prime life developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in LE2 area or any other competitors across 12 key performance metrics.
prime life developments limited Ownership
PRIME LIFE DEVELOPMENTS LIMITED group structure
Prime Life Developments Limited has 1 subsidiary company.
Ultimate parent company
PRIME LIFE DEVELOPMENTS LIMITED
06963072
1 subsidiary
prime life developments limited directors
Prime Life Developments Limited currently has 2 directors. The longest serving directors include Mr Simon Van Herrewege (Jul 2010) and Mr Peter Van Herrewege (Jul 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Van Herrewege | England | 44 years | Jul 2010 | - | Director |
| Mr Peter Van Herrewege | 69 years | Jul 2010 | - | Director |
P&L
March 2024turnover
3.6m
+8%
operating profit
-25.3k
0%
gross margin
25.1%
+0.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
3.9m
-0.01%
total assets
4m
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
prime life developments limited company details
company number
06963072
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
July 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
hajco 405 limited (July 2010)
accountant
-
auditor
-
address
caenarvon house, 121 knighton church road, leicester, leicestershire, LE2 3JN
Bank
-
Legal Advisor
-
prime life developments 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 life developments limited.
prime life developments 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 life developments limited Companies House Filings - See Documents
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