primetax limited
primetax limited Company Information
Company Number
07880086
Next Accounts
Dec 2024
Industry
Tax consultancy
Directors
Shareholders
raksha shah
Group Structure
View All
Contact
Registered Address
sterling ford centurion court 83, camp road, st albans, hertfordshire, AL1 5JN
Website
primetax.co.zaprimetax limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMETAX LIMITED at £595.4k based on a Turnover of £676.2k and 0.88x industry multiple (adjusted for size and gross margin).
primetax limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMETAX LIMITED at £355.3k based on an EBITDA of £102k and a 3.49x industry multiple (adjusted for size and gross margin).
primetax limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMETAX LIMITED at £2.1m based on Net Assets of £657.3k and 3.18x industry multiple (adjusted for liquidity).
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Primetax Limited Overview
Primetax Limited is a dissolved company that was located in st albans, AL1 5JN with a Companies House number of 07880086. It operated in the tax consultancy sector, SIC Code 69203. Founded in December 2011, it's largest shareholder was raksha shah with a 100% stake. The last turnover for Primetax Limited was estimated at £676.2k.
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Primetax Limited Health Check
Pomanda's financial health check has awarded Primetax Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £676.2k, make it larger than the average company (£146.9k)
- Primetax Limited
£146.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (3.2%)
- Primetax Limited
3.2% - Industry AVG
Production
with a gross margin of 31.5%, this company has a higher cost of product (83%)
- Primetax Limited
83% - Industry AVG
Profitability
an operating margin of 15.1% make it as profitable than the average company (14%)
- Primetax Limited
14% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Primetax Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Primetax Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £676.2k, this is more efficient (£63.8k)
- Primetax Limited
£63.8k - Industry AVG
Debtor Days
it gets paid by customers after 375 days, this is later than average (92 days)
- Primetax Limited
92 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is slower than average (18 days)
- Primetax Limited
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Primetax Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Primetax Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.5%, this is a lower level of debt than the average (41.5%)
5.5% - Primetax Limited
41.5% - Industry AVG
PRIMETAX LIMITED financials
Primetax Limited's latest turnover from December 2020 is estimated at £676.2 thousand and the company has net assets of £657.3 thousand. According to their latest financial statements, Primetax Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 695,711 | 594,851 | 571,556 | 585,554 | 592,853 | 30 | 407,215 | 47 | 129 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 509,984 | 0 | 303,365 | 160,032 |
| misc current assets | 0 | 0 | 1,471 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 695,711 | 594,851 | 573,027 | 585,554 | 592,853 | 510,014 | 407,215 | 303,412 | 160,161 |
| total assets | 695,711 | 594,851 | 573,027 | 585,554 | 592,853 | 510,014 | 407,215 | 303,412 | 160,161 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 38,379 | 20,102 | 13,194 | 16,867 | 30,214 | 37,497 | 36,888 | 45,297 | 38,868 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 38,379 | 20,102 | 13,194 | 16,867 | 30,214 | 37,497 | 36,888 | 45,297 | 38,868 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 38,379 | 20,102 | 13,194 | 16,867 | 30,214 | 37,497 | 36,888 | 45,297 | 38,868 |
| net assets | 657,332 | 574,749 | 559,833 | 568,687 | 562,639 | 472,517 | 370,327 | 258,115 | 121,293 |
| total shareholders funds | 657,332 | 574,749 | 559,833 | 568,687 | 562,639 | 472,517 | 370,327 | 258,115 | 121,293 |
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 100,860 | 23,295 | -13,998 | -7,299 | 592,823 | -407,185 | 407,168 | -82 | 129 |
| Creditors | 18,277 | 6,908 | -3,673 | -13,347 | -7,283 | 609 | -8,409 | 6,429 | 38,868 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | -509,984 | 509,984 | -303,365 | 143,333 | 160,032 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -509,984 | 509,984 | -303,365 | 143,333 | 160,032 |
primetax limited Credit Report and Business Information
Primetax Limited Competitor Analysis
Perform a competitor analysis for primetax limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in AL1 area or any other competitors across 12 key performance metrics.
primetax limited Ownership
PRIMETAX LIMITED group structure
Primetax Limited has no subsidiary companies.
Ultimate parent company
PRIMETAX LIMITED
07880086
primetax limited directors
Primetax Limited currently has 1 director, Mrs Raksha Shah serving since Dec 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Raksha Shah | 62 years | Dec 2011 | - | Director |
P&L
December 2020turnover
676.2k
-10%
operating profit
102k
0%
gross margin
31.5%
-24.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
657.3k
+0.14%
total assets
695.7k
+0.17%
cash
0
0%
net assets
Total assets minus all liabilities
primetax limited company details
company number
07880086
Type
Private limited with Share Capital
industry
69203 - Tax consultancy
incorporation date
December 2011
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2020
previous names
N/A
accountant
-
auditor
-
address
sterling ford centurion court 83, camp road, st albans, hertfordshire, AL1 5JN
Bank
-
Legal Advisor
-
primetax 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 primetax limited.
primetax limited Companies House Filings - See Documents
| date | description | view/download |
|---|
