prometheus safe & secure ltd
prometheus safe & secure ltd Company Information
Company Number
08818166
Next Accounts
Jun 2026
Shareholders
rci services limited
Group Structure
View All
Industry
Other transportation support activities
Registered Address
unit 603, fort dunlop, fort parkway, birmingham, B24 9FD
Website
http://psecure.co.ukprometheus safe & secure ltd Estimated Valuation
Pomanda estimates the enterprise value of PROMETHEUS SAFE & SECURE LTD at £5.1m based on a Turnover of £8.1m and 0.63x industry multiple (adjusted for size and gross margin).
prometheus safe & secure ltd Estimated Valuation
Pomanda estimates the enterprise value of PROMETHEUS SAFE & SECURE LTD at £0 based on an EBITDA of £-408.2k and a 4.72x industry multiple (adjusted for size and gross margin).
prometheus safe & secure ltd Estimated Valuation
Pomanda estimates the enterprise value of PROMETHEUS SAFE & SECURE LTD at £4.9m based on Net Assets of £2.1m and 2.36x industry multiple (adjusted for liquidity).
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Prometheus Safe & Secure Ltd Overview
Prometheus Safe & Secure Ltd is a live company located in birmingham, B24 9FD with a Companies House number of 08818166. It operates in the other transportation support activities sector, SIC Code 52290. Founded in December 2013, it's largest shareholder is rci services limited with a 100% stake. Prometheus Safe & Secure Ltd is a established, mid sized company, Pomanda has estimated its turnover at £8.1m with healthy growth in recent years.
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Prometheus Safe & Secure Ltd Health Check
Pomanda's financial health check has awarded Prometheus Safe & Secure Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £8.1m, make it smaller than the average company (£11.4m)
£8.1m - Prometheus Safe & Secure Ltd
£11.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a similar rate (12.3%)
13% - Prometheus Safe & Secure Ltd
12.3% - Industry AVG
Production
with a gross margin of 27.5%, this company has a comparable cost of product (25.5%)
27.5% - Prometheus Safe & Secure Ltd
25.5% - Industry AVG
Profitability
an operating margin of -6.7% make it less profitable than the average company (5.2%)
-6.7% - Prometheus Safe & Secure Ltd
5.2% - Industry AVG
Employees
with 446 employees, this is above the industry average (45)
446 - Prometheus Safe & Secure Ltd
45 - Industry AVG
Pay Structure
on an average salary of £15.1k, the company has a lower pay structure (£48.4k)
£15.1k - Prometheus Safe & Secure Ltd
£48.4k - Industry AVG
Efficiency
resulting in sales per employee of £18.1k, this is less efficient (£236.3k)
£18.1k - Prometheus Safe & Secure Ltd
£236.3k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (48 days)
81 days - Prometheus Safe & Secure Ltd
48 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (36 days)
6 days - Prometheus Safe & Secure Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Prometheus Safe & Secure Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (18 weeks)
3 weeks - Prometheus Safe & Secure Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.8%, this is a higher level of debt than the average (59.1%)
76.8% - Prometheus Safe & Secure Ltd
59.1% - Industry AVG
PROMETHEUS SAFE & SECURE LTD financials
Prometheus Safe & Secure Ltd's latest turnover from September 2024 is £8.1 million and the company has net assets of £2.1 million. According to their latest financial statements, Prometheus Safe & Secure Ltd has 446 employees and maintains cash reserves of £435.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2024 | Sep 2023 | Sep 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,057,454 | 10,282,202 | 5,043,838 | 7,158,354 | 5,526,907 | ||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 5,842,457 | 6,140,470 | 2,736,806 | 3,608,335 | 2,592,373 | ||||||
| Gross Profit | 2,214,997 | 4,141,732 | 2,307,032 | 3,550,019 | 2,934,534 | ||||||
| Admin Expenses | 2,758,040 | 3,185,562 | 1,097,859 | 1,616,656 | 2,040,512 | ||||||
| Operating Profit | -543,043 | 956,170 | 1,209,173 | 1,933,363 | 894,022 | ||||||
| Interest Payable | 4,591 | 7,469 | 8,600 | 6,900 | |||||||
| Interest Receivable | 22,095 | 600 | |||||||||
| Pre-Tax Profit | -520,948 | 951,579 | 1,201,704 | 2,674,763 | 887,722 | ||||||
| Tax | 21,742 | -249,508 | -219,550 | -366,366 | -140,006 | ||||||
| Profit After Tax | -499,206 | 702,071 | 982,154 | 2,308,397 | 747,716 | ||||||
| Dividends Paid | 4,538,645 | 307,500 | |||||||||
| Retained Profit | -499,206 | -3,836,574 | 674,654 | 2,308,397 | 747,716 | ||||||
| Employee Costs | 6,723,828 | 7,067,725 | 3,005,802 | 3,813,858 | 3,354,423 | ||||||
| Number Of Employees | 446 | 589 | 219 | 230 | 106 | 145 | 145 | 166 | 165 | 116 | |
| EBITDA* | -408,208 | 1,193,384 | 1,261,241 | 2,017,989 | 953,016 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2024 | Sep 2023 | Sep 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 320,937 | 424,805 | 461,167 | 322,376 | 122,309 | 167,175 | 149,525 | 109,701 | 60,864 | 8,791 | 9,217 |
| Intangible Assets | |||||||||||
| Investments & Other | 50,100 | 50,100 | 50,100 | ||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 371,037 | 474,905 | 511,267 | 322,376 | 122,309 | 167,175 | 149,525 | 109,701 | 60,864 | 8,791 | 9,217 |
| Stock & work in progress | |||||||||||
| Trade Debtors | 1,792,953 | 1,709,498 | 1,972,415 | 1,597,098 | 1,106,584 | 668,476 | 496,896 | 728,186 | 238,378 | 190,584 | 184,698 |
| Group Debtors | 5,702,906 | 5,023,710 | 4,377,793 | 4,134,967 | 3,270,953 | 2,235,748 | 290,547 | 296,862 | |||
| Misc Debtors | 704,407 | 577,289 | 231,928 | 174,867 | 78,067 | 45,811 | 10,536 | 9,718 | 10,411 | ||
| Cash | 435,724 | 143,014 | 1,773,258 | 1,280,612 | 564,795 | 481,955 | 1,734,485 | 700,187 | 501,224 | 161,257 | 68,229 |
| misc current assets | 50,100 | 50,100 | |||||||||
| total current assets | 8,635,990 | 7,453,511 | 8,355,394 | 7,237,644 | 5,070,499 | 3,431,990 | 2,532,464 | 1,734,953 | 750,013 | 351,841 | 252,927 |
| total assets | 9,007,027 | 7,928,416 | 8,866,661 | 7,560,020 | 5,192,808 | 3,599,165 | 2,681,989 | 1,844,654 | 810,877 | 360,632 | 262,144 |
| Bank overdraft | 383,333 | 66,667 | 66,667 | ||||||||
| Bank loan | |||||||||||
| Trade Creditors | 97,214 | 178,555 | 138,448 | 110,051 | 148,142 | 85,044 | 59,173 | 50,773 | 45,741 | 109,822 | 150,036 |
| Group/Directors Accounts | 5,970,315 | 4,046,575 | 13,375 | 6,750 | |||||||
| other short term finances | |||||||||||
| hp & lease commitments | 49,272 | 31,154 | |||||||||
| other current liabilities | 773,045 | 1,015,885 | 1,750,772 | 1,111,862 | 494,986 | 190,258 | 313,771 | 325,956 | 132,584 | ||
| total current liabilities | 6,840,574 | 5,241,015 | 2,321,825 | 1,319,734 | 709,795 | 288,677 | 379,694 | 376,729 | 178,325 | 109,822 | 150,036 |
| loans | 366,666 | 433,333 | |||||||||
| hp & lease commitments | 29,222 | 59,031 | |||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 74,241 | 95,983 | 87,622 | 61,251 | 23,239 | 31,763 | 28,410 | 20,843 | 11,564 | 1,758 | |
| total long term liabilities | 74,241 | 95,983 | 116,844 | 486,948 | 456,572 | 31,763 | 28,410 | 20,843 | 11,564 | 1,758 | |
| total liabilities | 6,914,815 | 5,336,998 | 2,438,669 | 1,806,682 | 1,166,367 | 320,440 | 408,104 | 397,572 | 189,889 | 111,580 | 150,036 |
| net assets | 2,092,212 | 2,591,418 | 6,427,992 | 5,753,338 | 4,026,441 | 3,278,725 | 2,273,885 | 1,447,082 | 620,988 | 249,052 | 112,108 |
| total shareholders funds | 2,092,212 | 2,591,418 | 6,427,992 | 5,753,338 | 4,026,441 | 3,278,725 | 2,273,885 | 1,447,082 | 620,988 | 249,052 | 112,108 |
| Sep 2024 | Sep 2023 | Sep 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -543,043 | 956,170 | 1,209,173 | 1,933,363 | 894,022 | ||||||
| Depreciation | 134,835 | 237,214 | 52,068 | 84,626 | 58,994 | 65,614 | 69,425 | 32,361 | 8,509 | 2,930 | 1,779 |
| Amortisation | |||||||||||
| Tax | 21,742 | -249,508 | -219,550 | -366,366 | -140,006 | ||||||
| Stock | |||||||||||
| Debtors | 889,769 | 728,361 | 2,126,532 | 1,451,328 | 1,505,569 | 2,152,056 | -236,787 | 785,977 | 58,205 | 5,886 | 184,698 |
| Creditors | -81,341 | 40,107 | -9,694 | -38,091 | 63,098 | 25,871 | 8,400 | 5,032 | -64,081 | -40,214 | 150,036 |
| Accruals and Deferred Income | -242,840 | -734,887 | 1,255,786 | 616,876 | 304,728 | -123,513 | -12,185 | 193,372 | 132,584 | ||
| Deferred Taxes & Provisions | -21,742 | 8,361 | 64,383 | 38,012 | -8,524 | 3,353 | 7,567 | 9,279 | 9,806 | 1,758 | |
| Cash flow from operations | -1,622,158 | -470,904 | 225,634 | 817,092 | -333,257 | ||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 50,100 | ||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | 1,923,740 | 4,046,575 | -13,375 | 6,625 | 6,750 | ||||||
| Other Short Term Loans | |||||||||||
| Long term loans | -433,333 | -66,667 | 433,333 | ||||||||
| Hire Purchase and Lease Commitments | -78,494 | 78,494 | 90,185 | ||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | 22,095 | -4,591 | -7,469 | -8,600 | -6,300 | ||||||
| cash flow from financing | 1,945,835 | 3,963,490 | 1,364,589 | -566,582 | 413,658 | ||||||
| cash and cash equivalents | |||||||||||
| cash | 292,710 | -1,630,244 | 1,208,463 | 715,817 | 82,840 | -1,252,530 | 1,034,298 | 198,963 | 339,967 | 93,028 | 68,229 |
| overdraft | -383,333 | 316,666 | 66,667 | ||||||||
| change in cash | 292,710 | -1,246,911 | 891,797 | 715,817 | 16,173 | -1,252,530 | 1,034,298 | 198,963 | 339,967 | 93,028 | 68,229 |
prometheus safe & secure ltd Credit Report and Business Information
Prometheus Safe & Secure Ltd Competitor Analysis
Perform a competitor analysis for prometheus safe & secure ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in B24 area or any other competitors across 12 key performance metrics.
prometheus safe & secure ltd Ownership
PROMETHEUS SAFE & SECURE LTD group structure
Prometheus Safe & Secure Ltd has 1 subsidiary company.
Ultimate parent company
2 parents
PROMETHEUS SAFE & SECURE LTD
08818166
1 subsidiary
prometheus safe & secure ltd directors
Prometheus Safe & Secure Ltd currently has 3 directors. The longest serving directors include Mr Christopher Sellers (Dec 2022) and Mr Rajbir Phagura (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Sellers | England | 57 years | Dec 2022 | - | Director |
| Mr Rajbir Phagura | England | 44 years | Dec 2022 | - | Director |
| Ms Michelle Darraugh | England | 55 years | Dec 2022 | - | Director |
P&L
September 2024turnover
8.1m
-22%
operating profit
-543k
-157%
gross margin
27.5%
-31.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2024net assets
2.1m
-0.19%
total assets
9m
+0.14%
cash
435.7k
+2.05%
net assets
Total assets minus all liabilities
prometheus safe & secure ltd company details
company number
08818166
Type
Private limited with Share Capital
industry
52290 - Other transportation support activities
incorporation date
December 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2024
previous names
N/A
accountant
-
auditor
COOPER PARRY GROUP LIMITED
address
unit 603, fort dunlop, fort parkway, birmingham, B24 9FD
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
prometheus safe & secure 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 found 3 charges/mortgages relating to prometheus safe & secure ltd. Currently there are 2 open charges and 1 have been satisfied in the past.
prometheus safe & secure 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 PROMETHEUS SAFE & SECURE LTD. This can take several minutes, an email will notify you when this has completed.
prometheus safe & secure ltd Companies House Filings - See Documents
| date | description | view/download |
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