prestige decorators ltd

prestige decorators ltd Company Information

Share PRESTIGE DECORATORS LTD
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EstablishedMicroHealthy

Company Number

06998094

Industry

Painting

 

Directors

James Meston

Shareholders

james meston

Group Structure

View All

Contact

Registered Address

121 mackie avenue, brighton, east sussex, BN1 8SG

prestige decorators ltd Estimated Valuation

£199.3k

Pomanda estimates the enterprise value of PRESTIGE DECORATORS LTD at £199.3k based on a Turnover of £482.4k and 0.41x industry multiple (adjusted for size and gross margin).

prestige decorators ltd Estimated Valuation

£236.8k

Pomanda estimates the enterprise value of PRESTIGE DECORATORS LTD at £236.8k based on an EBITDA of £59.5k and a 3.98x industry multiple (adjusted for size and gross margin).

prestige decorators ltd Estimated Valuation

£241.8k

Pomanda estimates the enterprise value of PRESTIGE DECORATORS LTD at £241.8k based on Net Assets of £100.2k and 2.41x industry multiple (adjusted for liquidity).

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Prestige Decorators Ltd Overview

Prestige Decorators Ltd is a live company located in east sussex, BN1 8SG with a Companies House number of 06998094. It operates in the painting sector, SIC Code 43341. Founded in August 2009, it's largest shareholder is james meston with a 100% stake. Prestige Decorators Ltd is a established, micro sized company, Pomanda has estimated its turnover at £482.4k with healthy growth in recent years.

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Prestige Decorators Ltd Health Check

Pomanda's financial health check has awarded Prestige Decorators Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £482.4k, make it larger than the average company (£139.2k)

£482.4k - Prestige Decorators Ltd

£139.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (8.1%)

5% - Prestige Decorators Ltd

8.1% - Industry AVG

production

Production

with a gross margin of 30.8%, this company has a comparable cost of product (30.8%)

30.8% - Prestige Decorators Ltd

30.8% - Industry AVG

profitability

Profitability

an operating margin of 8.8% make it more profitable than the average company (7%)

8.8% - Prestige Decorators Ltd

7% - Industry AVG

employees

Employees

with 2 employees, this is similar to the industry average (2)

2 - Prestige Decorators Ltd

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £24k, the company has an equivalent pay structure (£24k)

£24k - Prestige Decorators Ltd

£24k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £241.2k, this is more efficient (£84.4k)

£241.2k - Prestige Decorators Ltd

£84.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 96 days, this is later than average (51 days)

96 days - Prestige Decorators Ltd

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (22 days)

9 days - Prestige Decorators Ltd

22 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Prestige Decorators Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Prestige Decorators Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 48.6%, this is a lower level of debt than the average (67.6%)

48.6% - Prestige Decorators Ltd

67.6% - Industry AVG

PRESTIGE DECORATORS LTD financials

EXPORTms excel logo

Prestige Decorators Ltd's latest turnover from August 2023 is estimated at £482.4 thousand and the company has net assets of £100.2 thousand. According to their latest financial statements, Prestige Decorators Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010
Turnover482,448398,571181,676419,961332,509524,661319,387181,044774,440415,808349,303359,073674,324180,497
Other Income Or Grants00000000000000
Cost Of Sales333,941263,803127,380308,692246,104345,047198,398114,274533,708299,458238,037258,615465,131118,527
Gross Profit148,506134,76854,296111,27086,405179,614120,98966,770240,732116,350111,266100,458209,19361,970
Admin Expenses105,98199,201104,99990,56859,679123,496123,746106,601207,430110,990111,256110,847159,67760,141
Operating Profit42,52535,567-50,70320,70226,72656,118-2,757-39,83133,3025,36010-10,38949,5161,829
Interest Payable5,1593,7542,5071,06801141050000000
Interest Receivable015435391961026491456321675910
Pre-Tax Profit37,36531,967-53,17519,67326,92256,106-2,856-39,78233,4485,42331-10,32249,5761,839
Tax-9,341-6,0740-3,738-5,115-10,66000-6,689-1,139-70-12,890-515
Profit After Tax28,02425,893-53,17515,93521,80745,446-2,856-39,78226,7584,28424-10,32236,6861,324
Dividends Paid00000000000000
Retained Profit28,02425,893-53,17515,93521,80745,446-2,856-39,78226,7584,28424-10,32236,6861,324
Employee Costs47,99550,50046,73948,00054,807137,245132,09096,798339,092155,844118,036115,319248,19781,396
Number Of Employees222224431154493
EBITDA*59,45746,204-44,73224,32830,22959,399550-36,37135,0457,5714,291-4,77754,7022,039

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010
Tangible Assets62,90547,20335,11017,38315,63412,97113,54612,6786,1807,92315,37317,65422,8561,192
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets62,90547,20335,11017,38315,63412,97113,54612,6786,1807,92315,37317,65422,8561,192
Stock & work in progress00000000000000
Trade Debtors127,382110,32161,359109,07471,455104,96055,78039,03590,95449,03044,49745,65676,50716,925
Group Debtors00000000000000
Misc Debtors4,7432,4896976875,0962400000000
Cash0017,57852,36025,20127,13005,01934,47323,6461,6066,88719,7983,987
misc current assets00000000000000
total current assets132,125112,81079,634162,121101,752132,11455,78044,054125,42772,67646,10352,54396,30520,912
total assets195,030160,013114,744179,504117,386145,08569,32656,732131,60780,59961,47670,197119,16122,104
Bank overdraft20,84722,23110,0000003,3660000000
Bank loan00000000000000
Trade Creditors 9,0647,5987,29720,3838,91217,43815,49690172,65346,92928,89032,84066,68620,580
Group/Directors Accounts0001,9462,31315,05500000000
other short term finances00000000000000
hp & lease commitments0000002,1092,109000000
other current liabilities43,69330,50013,92822,67122,59250,83030,80931,211000000
total current liabilities73,60460,32931,22545,00033,81783,32351,78034,22172,65346,92928,89032,84066,68620,580
loans21,18027,46237,19035,0000000000000
hp & lease commitments0000001,2303,339000000
Accruals and Deferred Income00000000000000
other liabilities0000000001,4744,6749,46914,2650
provisions00000000000000
total long term liabilities21,18027,46237,19035,000001,2303,33901,4744,6749,46914,2650
total liabilities94,78487,79168,41580,00033,81783,32353,01037,56072,65348,40333,56442,30980,95120,580
net assets100,24672,22246,32999,50483,56961,76216,31619,17258,95432,19627,91227,88838,2101,524
total shareholders funds100,24672,22246,32999,50483,56961,76216,31619,17258,95432,19627,91227,88838,2101,524
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010
Operating Activities
Operating Profit42,52535,567-50,70320,70226,72656,118-2,757-39,83133,3025,36010-10,38949,5161,829
Depreciation16,93210,6375,9713,6263,5033,2813,3073,4601,7432,2114,2815,6125,186210
Amortisation00000000000000
Tax-9,341-6,0740-3,738-5,115-10,66000-6,689-1,139-70-12,890-515
Stock00000000000000
Debtors19,31550,754-47,70533,210-28,43349,20416,745-51,91941,9244,533-1,159-30,85159,58216,925
Creditors1,466301-13,08611,471-8,5261,94214,595-71,75225,72418,039-3,950-33,84646,10620,580
Accruals and Deferred Income13,19316,572-8,74379-28,23820,021-40231,211000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations45,4606,249-18,856-1,07016,78321,498-2,002-24,99312,15619,9381,493-7,77228,3365,179
Investing Activities
capital expenditure-32,634-22,730-23,698-5,375-6,166-2,706-4,175-9,95805,239-2,000-410-26,850-1,402
Change in Investments00000000000000
cash flow from investments-32,634-22,730-23,698-5,375-6,166-2,706-4,175-9,95805,239-2,000-410-26,850-1,402
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00-1,946-367-12,74215,05500000000
Other Short Term Loans 00000000000000
Long term loans-6,282-9,7282,19035,0000000000000
Hire Purchase and Lease Commitments00000-3,339-2,1095,448000000
other long term liabilities00000000-1,474-3,200-4,795-4,79614,2650
share issue0000000000000200
interest-5,159-3,600-2,472-1,029196-12-99491456321675910
cash flow from financing-11,441-13,328-2,22833,604-12,54611,704-2,2085,497-1,329-3,137-4,774-4,72914,324210
cash and cash equivalents
cash0-17,578-34,78227,159-1,92927,130-5,019-29,45410,82722,040-5,281-12,91115,8113,987
overdraft-1,38412,23110,00000-3,3663,3660000000
change in cash1,384-29,809-44,78227,159-1,92930,496-8,385-29,45410,82722,040-5,281-12,91115,8113,987

prestige decorators ltd 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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Prestige Decorators Ltd Competitor Analysis

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Perform a competitor analysis for prestige decorators ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BN1 area or any other competitors across 12 key performance metrics.

prestige decorators ltd Ownership

PRESTIGE DECORATORS LTD group structure

Prestige Decorators Ltd has no subsidiary companies.

Ultimate parent company

PRESTIGE DECORATORS LTD

06998094

PRESTIGE DECORATORS LTD Shareholders

james meston 100%

prestige decorators ltd directors

Prestige Decorators Ltd currently has 1 director, Mr James Meston serving since Aug 2009.

officercountryagestartendrole
Mr James MestonEngland42 years Aug 2009- Director

P&L

August 2023

turnover

482.4k

+21%

operating profit

42.5k

0%

gross margin

30.8%

-8.96%

turnover

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

Balance Sheet

August 2023

net assets

100.2k

+0.39%

total assets

195k

+0.22%

cash

0

0%

net assets

Total assets minus all liabilities

prestige decorators ltd company details

company number

06998094

Type

Private limited with Share Capital

industry

43341 - Painting

incorporation date

August 2009

age

15

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

August 2023

previous names

N/A

accountant

CABURN ACCOUNTANTS LIMITED

auditor

-

address

121 mackie avenue, brighton, east sussex, BN1 8SG

Bank

-

Legal Advisor

-

prestige decorators 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 did not find charges/mortgages relating to prestige decorators ltd.

prestige decorators 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.

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prestige decorators ltd Companies House Filings - See Documents

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