privilege project finance 2 limited
privilege project finance 2 limited Company Information
Company Number
08656234
Website
privilege.financeRegistered Address
the old school high street, stretham, ely, CB6 3LD
Industry
Dormant Company
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
privilege holdings 2 limited 100%
privilege project finance 2 limited Estimated Valuation
Pomanda estimates the enterprise value of PRIVILEGE PROJECT FINANCE 2 LIMITED at £0 based on a Turnover of £2.9m and 0x industry multiple (adjusted for size and gross margin).
privilege project finance 2 limited Estimated Valuation
Pomanda estimates the enterprise value of PRIVILEGE PROJECT FINANCE 2 LIMITED at £0 based on an EBITDA of £-4.6m and a 0x industry multiple (adjusted for size and gross margin).
privilege project finance 2 limited Estimated Valuation
Pomanda estimates the enterprise value of PRIVILEGE PROJECT FINANCE 2 LIMITED at £0 based on Net Assets of £-3.5m and 0x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Privilege Project Finance 2 Limited Overview
Privilege Project Finance 2 Limited is a live company located in ely, CB6 3LD with a Companies House number of 08656234. It operates in the dormant company sector, SIC Code 99999. Founded in August 2013, it's largest shareholder is privilege holdings 2 limited with a 100% stake. Privilege Project Finance 2 Limited is a established, small sized company, Pomanda has estimated its turnover at £2.9m with low growth in recent years.
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Privilege Project Finance 2 Limited Health Check
Pomanda's financial health check has awarded Privilege Project Finance 2 Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £2.9m, make it smaller than the average company (£9.4m)
£2.9m - Privilege Project Finance 2 Limited
£9.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.8%)
1% - Privilege Project Finance 2 Limited
6.8% - Industry AVG
Production
with a gross margin of 21.4%, this company has a higher cost of product (31.9%)
21.4% - Privilege Project Finance 2 Limited
31.9% - Industry AVG
Profitability
an operating margin of -157.9% make it less profitable than the average company (4.6%)
-157.9% - Privilege Project Finance 2 Limited
4.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (62)
2 - Privilege Project Finance 2 Limited
62 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Privilege Project Finance 2 Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £1.4m, this is more efficient (£197.7k)
£1.4m - Privilege Project Finance 2 Limited
£197.7k - Industry AVG
Debtor Days
it gets paid by customers after 2724 days, this is later than average (41 days)
2724 days - Privilege Project Finance 2 Limited
41 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Privilege Project Finance 2 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Privilege Project Finance 2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Privilege Project Finance 2 Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 116.1%, this is a higher level of debt than the average (72%)
116.1% - Privilege Project Finance 2 Limited
72% - Industry AVG
PRIVILEGE PROJECT FINANCE 2 LIMITED financials
Privilege Project Finance 2 Limited's latest turnover from December 2023 is £2.9 million and the company has net assets of -£3.5 million. According to their latest financial statements, Privilege Project Finance 2 Limited has 2 employees and maintains cash reserves of £11 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,888,000 | 2,397,000 | 1,980,989 | 2,840,478 | 1,433,558 | 71,988 | 0 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 2,271,000 | 1,870,000 | 1,331,242 | 1,964,924 | 997,968 | 22,865 | 0 | |||
| Gross Profit | 617,000 | 527,000 | 649,747 | 875,554 | 435,590 | 49,123 | 0 | |||
| Admin Expenses | 5,177,000 | 254,000 | 162,244 | 492,201 | 272,138 | 14,587 | 0 | |||
| Operating Profit | -4,560,000 | 273,000 | 487,503 | 383,353 | 163,452 | 34,536 | 0 | |||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | -4,560,000 | 273,000 | 487,503 | 383,353 | 163,452 | 34,536 | 0 | |||
| Tax | 0 | -59,000 | -110,436 | -78,217 | -31,056 | -6,562 | 0 | |||
| Profit After Tax | -4,560,000 | 214,000 | 377,067 | 305,136 | 132,396 | 27,974 | 0 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | -4,560,000 | 214,000 | 377,067 | 305,136 | 132,396 | 27,974 | 0 | |||
| Employee Costs | 0 | |||||||||
| Number Of Employees | 2 | 2 | 3 | 2 | 3 | 3 | ||||
| EBITDA* | -4,560,000 | 273,000 | 487,503 | 383,353 | 163,452 | 34,536 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 20,381,000 | 17,727,346 | 21,262,362 | 16,790,352 | 3,476,079 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 20,381,000 | 17,727,346 | 21,262,362 | 16,790,352 | 3,476,079 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 21,554,000 | 1,906,000 | 312,991 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 100,000 | 0 | 281,255 | 18,199 | 0 | 10 | 0 | 0 | 0 | 0 |
| Misc Debtors | 86,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 11,000 | 8,000 | 257,614 | 40,129 | 99,889 | 389,486 | 0 | 0 | 0 | 5 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 21,751,000 | 1,914,000 | 851,860 | 58,328 | 99,889 | 389,496 | 0 | 0 | 0 | 5 |
| total assets | 21,751,000 | 22,295,000 | 18,579,206 | 21,320,690 | 16,890,241 | 3,865,575 | 0 | 0 | 0 | 5 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 2,077,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45 |
| Group/Directors Accounts | 25,235,000 | 0 | 584,419 | 282,896 | 225,239 | 22,865 | 90 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 19,000 | 0 | 152,595 | 120,129 | 46,453 | 21,262 | 0 | 0 | 0 | 0 |
| total current liabilities | 25,254,000 | 2,077,000 | 737,014 | 403,025 | 271,692 | 44,127 | 90 | 0 | 0 | 45 |
| loans | 0 | 19,161,000 | 16,999,709 | 20,452,249 | 16,458,269 | 3,793,564 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 19,161,000 | 16,999,709 | 20,452,249 | 16,458,269 | 3,793,564 | 0 | 0 | 0 | 0 |
| total liabilities | 25,254,000 | 21,238,000 | 17,736,723 | 20,855,274 | 16,729,961 | 3,837,691 | 90 | 0 | 0 | 45 |
| net assets | -3,503,000 | 1,057,000 | 842,483 | 465,416 | 160,280 | 27,884 | -90 | 0 | 0 | -40 |
| total shareholders funds | -3,503,000 | 1,057,000 | 842,483 | 465,416 | 160,280 | 27,884 | -90 | 0 | 0 | -40 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -4,560,000 | 273,000 | 487,503 | 383,353 | 163,452 | 34,536 | 0 | |||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | 0 | -59,000 | -110,436 | -78,217 | -31,056 | -6,562 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -547,000 | 3,965,408 | -2,958,969 | 4,490,209 | 13,314,263 | 3,476,089 | 0 | 0 | 0 | 0 |
| Creditors | -2,077,000 | 2,077,000 | 0 | 0 | 0 | 0 | 0 | 0 | -45 | 45 |
| Accruals and Deferred Income | 19,000 | -152,595 | 32,466 | 73,676 | 25,191 | 21,262 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -6,071,000 | -1,827,003 | 3,368,502 | -4,111,397 | -13,156,676 | -3,426,853 | 0 | |||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 25,235,000 | -584,419 | 301,523 | 57,657 | 202,374 | 22,775 | 90 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -19,161,000 | 2,161,291 | -3,452,540 | 3,993,980 | 12,664,705 | 3,793,564 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| cash flow from financing | 6,074,000 | 1,577,389 | -3,151,017 | 4,051,637 | 12,867,079 | 0 | ||||
| cash and cash equivalents | ||||||||||
| cash | 3,000 | -249,614 | 217,485 | -59,760 | -289,597 | 389,486 | 0 | 0 | -5 | 5 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,000 | -249,614 | 217,485 | -59,760 | -289,597 | 389,486 | 0 | 0 | -5 | 5 |
privilege project finance 2 limited Credit Report and Business Information
Privilege Project Finance 2 Limited Competitor Analysis
Perform a competitor analysis for privilege project finance 2 limited by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other small companies, companies in CB6 area or any other competitors across 12 key performance metrics.
privilege project finance 2 limited Ownership
PRIVILEGE PROJECT FINANCE 2 LIMITED group structure
Privilege Project Finance 2 Limited has no subsidiary companies.
Ultimate parent company
PREMIUM EUROPE GROUP HOLDINGS LTD
#0147029
2 parents
PRIVILEGE PROJECT FINANCE 2 LIMITED
08656234
privilege project finance 2 limited directors
Privilege Project Finance 2 Limited currently has 2 directors. The longest serving directors include Mr Christopher Winward (Sep 2019) and Ms Tracy Giles (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Winward | England | 53 years | Sep 2019 | - | Director |
| Ms Tracy Giles | United Kingdom | 53 years | May 2021 | - | Director |
P&L
December 2023turnover
2.9m
+20%
operating profit
-4.6m
-1770%
gross margin
21.4%
-2.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-3.5m
-4.31%
total assets
21.8m
-0.02%
cash
11k
+0.38%
net assets
Total assets minus all liabilities
privilege project finance 2 limited company details
company number
08656234
Type
Private limited with Share Capital
industry
99999 - Dormant Company
incorporation date
August 2013
age
11
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
privilege equipment finance 2 limited (December 2017)
ecf liquidity limited (December 2015)
accountant
-
auditor
GRANT THORNTON UK LLP
address
the old school high street, stretham, ely, CB6 3LD
Bank
LLOYDS TSB BANK PLC
Legal Advisor
CLYDE & CO LLP
privilege project finance 2 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 privilege project finance 2 limited.
privilege project finance 2 limited Companies House Filings - See Documents
| date | description | view/download |
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