prorsus limited

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prorsus limited Company Information

Share PRORSUS LIMITED

Company Number

07081864

Shareholders

angus horner

Group Structure

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Industry

Management of real estate on a fee or contract basis

 

Registered Address

manor farm house south stoke, bath, BA2 7DP

prorsus limited Estimated Valuation

£5.8m

Pomanda estimates the enterprise value of PRORSUS LIMITED at £5.8m based on a Turnover of £3.3m and 1.73x industry multiple (adjusted for size and gross margin).

prorsus limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of PRORSUS LIMITED at £1.7m based on an EBITDA of £372.7k and a 4.55x industry multiple (adjusted for size and gross margin).

prorsus limited Estimated Valuation

£11.7m

Pomanda estimates the enterprise value of PRORSUS LIMITED at £11.7m based on Net Assets of £6.5m and 1.82x industry multiple (adjusted for liquidity).

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Prorsus Limited Overview

Prorsus Limited is a live company located in bath, BA2 7DP with a Companies House number of 07081864. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in November 2009, it's largest shareholder is angus horner with a 100% stake. Prorsus Limited is a established, small sized company, Pomanda has estimated its turnover at £3.3m with declining growth in recent years.

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Prorsus Limited Health Check

Pomanda's financial health check has awarded Prorsus Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £3.3m, make it larger than the average company (£323.6k)

£3.3m - Prorsus Limited

£323.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (3.7%)

-15% - Prorsus Limited

3.7% - Industry AVG

production

Production

with a gross margin of 17.7%, this company has a higher cost of product (70.1%)

17.7% - Prorsus Limited

70.1% - Industry AVG

profitability

Profitability

an operating margin of 11.1% make it more profitable than the average company (7.4%)

11.1% - Prorsus Limited

7.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - Prorsus Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)

£40.1k - Prorsus Limited

£40.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.7m, this is more efficient (£100k)

£1.7m - Prorsus Limited

£100k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 275 days, this is later than average (49 days)

275 days - Prorsus Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1 days, this is quicker than average (32 days)

1 days - Prorsus Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Prorsus Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Prorsus Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.4%, this is a lower level of debt than the average (53.8%)

0.4% - Prorsus Limited

53.8% - Industry AVG

PRORSUS LIMITED financials

EXPORTms excel logo

Prorsus Limited's latest turnover from November 2023 is estimated at £3.3 million and the company has net assets of £6.5 million. According to their latest financial statements, Prorsus Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010
Turnover3,345,4564,241,4416,044,7095,427,715187,56530,42659,29929,293190,642136,457113,919259,55243,51317,411
Other Income Or Grants
Cost Of Sales2,752,8923,515,8125,193,6614,543,137150,91824,71046,83024,353161,944120,512101,151230,69539,10415,615
Gross Profit592,564725,629851,048884,57836,6465,71612,4694,94028,69815,94512,76828,8574,4101,796
Admin Expenses219,896976,086988,299-7,064,090-100,51044,16459,47039,35010,115-131,57335,14817,731-50,66221,488
Operating Profit372,668-250,457-137,2517,948,668137,156-38,448-47,001-34,41018,583147,518-22,38011,12655,072-19,692
Interest Payable
Interest Receivable1882013762862332841761
Pre-Tax Profit372,668-250,457-137,2517,948,668137,156-38,448-46,813-34,20918,959147,804-22,14711,41155,249-19,691
Tax-93,167-1,510,247-26,060-3,792-31,039-2,739-14,365
Profit After Tax279,501-250,457-137,2516,438,421111,096-38,448-46,813-34,20915,167116,765-22,1478,67240,884-19,691
Dividends Paid
Retained Profit279,501-250,457-137,2516,438,421111,096-38,448-46,813-34,20915,167116,765-22,1478,67240,884-19,691
Employee Costs80,17777,07136,20534,45933,18631,99830,75932,71033,92632,93732,25964,65132,59133,584
Number Of Employees22111111111211
EBITDA*372,668-250,457-137,2517,948,668137,156-38,448-47,001-34,41018,583147,518-21,87611,63255,578-19,185

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010
Tangible Assets3,917,7482,849,5011,450,8142,175,4989371,375605041,0101,516
Intangible Assets
Investments & Other606060
Debtors (Due After 1 year)24,94074,940
Total Fixed Assets3,917,7482,849,5011,450,8142,175,4989371,3756025,0006075,0005041,0101,516
Stock & work in progress
Trade Debtors2,529,5343,342,5565,023,9684,398,716137,58914,68444,5309,21063,19033,59516,80160,000232176
Group Debtors
Misc Debtors42,1548006,66713,25026,187
Cash75,01485,59164,67749,69843,38870,341254
misc current assets13,47619,760
total current assets2,571,6883,343,3565,030,6354,411,966163,77628,16064,29084,224148,78198,27266,499103,38870,573430
total assets6,489,4366,192,8576,481,4496,587,464164,71329,53564,350109,224148,841173,27266,499103,89271,5831,946
Bank overdraft
Bank loan
Trade Creditors 14,9373,53747,00315,76732,1378,0554,4223,7829,19048,78858,78074,02650,38921,636
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities14,9373,53747,00315,76732,1378,0554,4223,7829,19048,78858,78074,02650,38921,636
loans
hp & lease commitments
Accruals and Deferred Income13,0097,3312,0002,0001,3001,3001,300
other liabilities
provisions
total long term liabilities13,0097,3312,0002,0001,3001,3001,300
total liabilities27,94610,86849,00317,76733,4379,3555,7223,7829,19048,78858,78074,02650,38921,636
net assets6,461,4906,181,9896,432,4466,569,697131,27620,18058,628105,442139,651124,4847,71929,86621,194-19,690
total shareholders funds6,461,4906,181,9896,432,4466,569,697131,27620,18058,628105,442139,651124,4847,71929,86621,194-19,690
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010
Operating Activities
Operating Profit372,668-250,457-137,2517,948,668137,156-38,448-47,001-34,41018,583147,518-22,38011,12655,072-19,692
Depreciation504506506507
Amortisation
Tax-93,167-1,510,247-26,060-3,792-31,039-2,739-14,365
Stock
Debtors-771,668-1,687,279618,6694,248,190149,092-29,84610,380-29,040-45,34591,734-43,19959,76856176
Creditors11,400-43,46631,236-16,37024,0823,633640-5,408-39,598-9,992-15,24623,63728,75321,636
Accruals and Deferred Income5,6785,3317001,300
Deferred Taxes & Provisions
Cash flow from operations1,068,2471,398,687-724,6842,174,561-13,914-4,969-55,441-10,77820,53814,7536,077-27,23869,9102,275
Investing Activities
capital expenditure-1,068,247-1,398,687724,684-2,174,561438-1,315-60-2,023
Change in Investments-6060
cash flow from investments-1,068,247-1,398,687724,684-2,174,561438-1,315-60-2,023
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-11
interest1882013762862332841761
cash flow from financing1872013762862332841762
cash and cash equivalents
cash-75,014-10,57720,91414,9796,310-26,95370,087254
overdraft
change in cash-75,014-10,57720,91414,9796,310-26,95370,087254

prorsus limited 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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Prorsus Limited Competitor Analysis

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Perform a competitor analysis for prorsus limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in BA2 area or any other competitors across 12 key performance metrics.

prorsus limited Ownership

PRORSUS LIMITED group structure

Prorsus Limited has no subsidiary companies.

Ultimate parent company

PRORSUS LIMITED

07081864

PRORSUS LIMITED Shareholders

angus horner 100%

prorsus limited directors

Prorsus Limited currently has 2 directors. The longest serving directors include Mr Angus Horner (Nov 2009) and Mrs Chloe Horner (Oct 2022).

officercountryagestartendrole
Mr Angus HornerEngland50 years Nov 2009- Director
Mrs Chloe HornerEngland49 years Oct 2022- Director

P&L

November 2023

turnover

3.3m

-21%

operating profit

372.7k

0%

gross margin

17.8%

+3.53%

turnover

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

Balance Sheet

November 2023

net assets

6.5m

+0.05%

total assets

6.5m

+0.05%

cash

0

0%

net assets

Total assets minus all liabilities

prorsus limited company details

company number

07081864

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

November 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

manor farm house south stoke, bath, BA2 7DP

Bank

-

Legal Advisor

-

prorsus 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 prorsus limited.

prorsus 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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prorsus limited Companies House Filings - See Documents

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