prima technology ltd
prima technology ltd Company Information
Company Number
08293807
Next Accounts
2777 days late
Directors
Shareholders
vijandrakumar vassaramo
Group Structure
View All
Industry
Manufacture of loaded electronic boards
+3Registered Address
7-9 b shaftesbury street, high wycombe, buckinghamshire, HP11 2NA
Website
primatechnology.co.ukprima technology ltd Estimated Valuation
Pomanda estimates the enterprise value of PRIMA TECHNOLOGY LTD at £3.7m based on a Turnover of £4.7m and 0.8x industry multiple (adjusted for size and gross margin).
prima technology ltd Estimated Valuation
Pomanda estimates the enterprise value of PRIMA TECHNOLOGY LTD at £3.7m based on an EBITDA of £749.5k and a 4.92x industry multiple (adjusted for size and gross margin).
prima technology ltd Estimated Valuation
Pomanda estimates the enterprise value of PRIMA TECHNOLOGY LTD at £1.6m based on Net Assets of £689k and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Prima Technology Ltd Overview
Prima Technology Ltd is a live company located in buckinghamshire, HP11 2NA with a Companies House number of 08293807. It operates in the manufacture of loaded electronic boards sector, SIC Code 26120. Founded in November 2012, it's largest shareholder is vijandrakumar vassaramo with a 100% stake. Prima Technology Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.7m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Prima Technology Ltd Health Check
Pomanda's financial health check has awarded Prima Technology Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £4.7m, make it in line with the average company (£5.1m)
£4.7m - Prima Technology Ltd
£5.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Prima Technology Ltd
- - Industry AVG
Production
with a gross margin of 29.6%, this company has a higher cost of product (39.6%)
29.6% - Prima Technology Ltd
39.6% - Industry AVG
Profitability
an operating margin of 12.5% make it more profitable than the average company (7.2%)
12.5% - Prima Technology Ltd
7.2% - Industry AVG
Employees
with 35 employees, this is below the industry average (66)
- Prima Technology Ltd
66 - Industry AVG
Pay Structure
on an average salary of £12.8k, the company has a lower pay structure (£40.4k)
- Prima Technology Ltd
£40.4k - Industry AVG
Efficiency
resulting in sales per employee of £133.3k, this is equally as efficient (£142.7k)
- Prima Technology Ltd
£142.7k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (56 days)
9 days - Prima Technology Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (47 days)
11 days - Prima Technology Ltd
47 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (45 days)
7 days - Prima Technology Ltd
45 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is average cash available to meet short term requirements (17 weeks)
19 weeks - Prima Technology Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.6%, this is a lower level of debt than the average (57.3%)
26.6% - Prima Technology Ltd
57.3% - Industry AVG
PRIMA TECHNOLOGY LTD financials
Prima Technology Ltd's latest turnover from November 2015 is £4.7 million and the company has net assets of £689 thousand. According to their latest financial statements, we estimate that Prima Technology Ltd has 35 employees and maintains cash reserves of £85.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|
| Turnover | 4,664,582 | 2,784,198 | 1,989,667 |
| Other Income Or Grants | |||
| Cost Of Sales | 3,283,719 | 1,985,683 | 1,630,223 |
| Gross Profit | 1,380,863 | 798,515 | 359,444 |
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | 9,854 | 8,646 | |
| Interest Receivable | |||
| Pre-Tax Profit | 505,033 | 279,017 | -18,700 |
| Tax | -37,845 | -38,489 | |
| Profit After Tax | 467,188 | 240,528 | -18,700 |
| Dividends Paid | |||
| Retained Profit | 467,188 | 240,528 | -18,700 |
| Employee Costs | 448,567 | 265,465 | 203,710 |
| Number Of Employees | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|
| Tangible Assets | 663,294 | 152,232 | 4,400 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 663,294 | 152,232 | 4,400 |
| Stock & work in progress | 68,978 | 49,456 | 1,570 |
| Trade Debtors | 120,552 | 58,666 | |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | 85,887 | 57,191 | 831 |
| misc current assets | |||
| total current assets | 275,417 | 165,313 | 2,401 |
| total assets | 938,711 | 317,545 | 6,801 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 106,101 | 25,400 | 745 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 121,593 | 48,316 | 2,755 |
| total current liabilities | 227,694 | 73,716 | 3,500 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | 22,000 | 22,000 | 22,000 |
| provisions | |||
| total long term liabilities | 22,000 | 22,000 | 22,000 |
| total liabilities | 249,694 | 95,716 | 25,500 |
| net assets | 689,017 | 221,829 | -18,699 |
| total shareholders funds | 689,017 | 221,829 | -18,699 |
| Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 165,823 | 38,058 | 1,100 |
| Amortisation | |||
| Tax | -37,845 | -38,489 | |
| Stock | 19,522 | 47,886 | 1,570 |
| Debtors | 61,886 | 58,666 | |
| Creditors | 80,701 | 24,655 | 745 |
| Accruals and Deferred Income | 73,277 | 45,561 | 2,755 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| 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 | 22,000 | ||
| share issue | |||
| interest | -9,854 | -8,646 | |
| cash flow from financing | -9,854 | 13,355 | |
| cash and cash equivalents | |||
| cash | 28,696 | 56,360 | 831 |
| overdraft | |||
| change in cash | 28,696 | 56,360 | 831 |
prima technology ltd Credit Report and Business Information
Prima Technology Ltd Competitor Analysis
Perform a competitor analysis for prima technology ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in HP11 area or any other competitors across 12 key performance metrics.
prima technology ltd Ownership
PRIMA TECHNOLOGY LTD group structure
Prima Technology Ltd has no subsidiary companies.
Ultimate parent company
PRIMA TECHNOLOGY LTD
08293807
prima technology ltd directors
Prima Technology Ltd currently has 1 director, Mr Vijandrakumar Vassaramo serving since Jan 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Vijandrakumar Vassaramo | England | 47 years | Jan 2015 | - | Director |
P&L
November 2015turnover
4.7m
+68%
operating profit
583.6k
0%
gross margin
29.7%
+3.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2015net assets
689k
+2.11%
total assets
938.7k
+1.96%
cash
85.9k
+0.5%
net assets
Total assets minus all liabilities
prima technology ltd company details
company number
08293807
Type
Private limited with Share Capital
industry
26120 - Manufacture of loaded electronic boards
62090 - Other information technology and computer service activities
26200 - Manufacture of computers and peripheral equipment
incorporation date
November 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2015
previous names
N/A
accountant
-
auditor
-
address
7-9 b shaftesbury street, high wycombe, buckinghamshire, HP11 2NA
Bank
-
Legal Advisor
-
prima technology 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 prima technology ltd.
prima technology 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.
Click to start generating capital raising & share issue transactions for PRIMA TECHNOLOGY LTD. This can take several minutes, an email will notify you when this has completed.
prima technology ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
