37-38 market street, ferryhill, co durham, DL17 8JH
Website
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prime north east developments ltdEstimated Valuation
£265.3k
Pomanda estimates the enterprise value of PRIME NORTH EAST DEVELOPMENTS LTD at £265.3k based on a Turnover of £542.8k and 0.49x industry multiple (adjusted for size and gross margin).
prime north east developments ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of PRIME NORTH EAST DEVELOPMENTS LTD at £0 based on an EBITDA of £-83 and a 3.73x industry multiple (adjusted for size and gross margin).
prime north east developments ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of PRIME NORTH EAST DEVELOPMENTS LTD at £0 based on Net Assets of £-147 and 1.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Prime North East Developments LtdOverview
Prime North East Developments Ltd is a live company located in co durham, DL17 8JH with a Companies House number of 08841309. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2014, it's largest shareholder is
alan richard neal
with a 50% stake. Prime North East Developments Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£542.8k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Prime North East Developments Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
0 Strong
3 Regular
4 Weak
Size
annual sales of £542.8k, make it smaller than the average company (£2.2m)
£542.8k - Prime North East Developments Ltd
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Prime North East Developments Ltd
- - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
26.4% - Prime North East Developments Ltd
26.4% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (7.4%)
0% - Prime North East Developments Ltd
7.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Prime North East Developments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)
£47.5k - Prime North East Developments Ltd
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £271.4k, this is equally as efficient (£271.4k)
£271.4k - Prime North East Developments Ltd
£271.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Prime North East Developments Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Prime North East Developments Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Prime North East Developments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Prime North East Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 160.7%, this is a higher level of debt than the average (73.4%)
160.7% - Prime North East Developments Ltd
73.4% - Industry AVG
PRIME NORTH EAST DEVELOPMENTS LTD financials
EXPORT
Prime North East Developments Ltd's latest turnover from January 2024 is estimated at £542.8 thousand and the company has net assets of -£147. According to their latest financial statements, Prime North East Developments Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Turnover
542,843
520,698
535,990
187,012
210,458
185,082
177,306
804,311
Other Income Or Grants
Cost Of Sales
399,394
386,306
392,603
134,048
147,297
127,659
124,954
577,339
Gross Profit
143,449
134,392
143,387
52,964
63,161
57,423
52,352
226,972
Admin Expenses
143,533
134,476
84
-89,617
215,145
53,042
63,242
57,511
52,391
227,472
Operating Profit
-84
-84
-84
89,617
-71,758
-78
-81
-88
-39
-500
Interest Payable
1
Interest Receivable
1
11
19
27
Pre-Tax Profit
-84
-84
-84
89,617
-71,758
-78
-70
-69
-12
-500
Tax
-17,027
Profit After Tax
-84
-84
-84
72,590
-71,758
-78
-70
-69
-12
-500
Dividends Paid
Retained Profit
-84
-84
-84
72,590
-71,758
-78
-70
-69
-12
-500
Employee Costs
94,921
90,315
85,725
42,306
41,822
40,749
40,356
115,620
Number Of Employees
2
2
2
1
1
1
1
3
EBITDA*
-84
-84
-84
89,617
-71,758
-78
-81
-88
-39
-500
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
140,760
140,760
140,760
140,760
140,120
Trade Debtors
Group Debtors
Misc Debtors
242
242
242
242
Cash
22
6
40
69
25
4,345
10,808
misc current assets
total current assets
242
264
248
282
69
140,760
140,785
145,105
151,568
140,120
total assets
242
264
248
282
69
140,760
140,785
145,105
151,568
140,120
Bank overdraft
12
3
Bank loan
Trade Creditors
140,620
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
377
327
227
177
72,556
141,486
141,436
145,686
152,080
total current liabilities
389
327
227
177
72,556
141,489
141,436
145,686
152,080
140,620
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
389
327
227
177
72,556
141,489
141,436
145,686
152,080
140,620
net assets
-147
-63
21
105
-72,487
-729
-651
-581
-512
-500
total shareholders funds
-147
-63
21
105
-72,487
-729
-651
-581
-512
-500
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Operating Activities
Operating Profit
-84
-84
-84
89,617
-71,758
-78
-81
-88
-39
-500
Depreciation
Amortisation
Tax
-17,027
Stock
-140,760
640
140,120
Debtors
242
Creditors
-140,620
140,620
Accruals and Deferred Income
50
100
50
-72,379
-68,930
50
-4,250
-6,394
152,080
Deferred Taxes & Provisions
Cash flow from operations
-34
16
-34
-31
72
-28
-4,331
-6,482
10,781
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
share issue
2
interest
11
19
27
cash flow from financing
2
11
19
27
cash and cash equivalents
cash
-22
16
-34
-29
69
-25
-4,320
-6,463
10,808
overdraft
12
-3
3
change in cash
-34
16
-34
-29
72
-28
-4,320
-6,463
10,808
prime north east developments ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for prime north east developments ltd. Get real-time insights into prime north east developments ltd's credit score, group structure and payment trends.
Prime North East Developments Ltd Competitor Analysis
Perform a competitor analysis for prime north east developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in DL17 area or any other competitors across 12 key performance metrics.
prime north east developments ltd Ownership
PRIME NORTH EAST DEVELOPMENTS LTD group structure
Prime North East Developments Ltd has no subsidiary companies.
Ultimate parent company
PRIME NORTH EAST DEVELOPMENTS LTD
08841309
PRIME NORTH EAST DEVELOPMENTS LTD Shareholders
The largest shareholders in Prime North East Developments Ltd include Alan Richard Neal and Lynsey Anne Ibbetson.
alan richard neal
50%
lynsey anne ibbetson
50%
prime north east developments ltd directors
Prime North East Developments Ltd currently has 2 directors.
The longest serving directors include
Mrs Lynsey Ibbetson (Jan 2014) and
Mr Alan Neal (Jan 2014).
37-38 market street, ferryhill, co durham, DL17 8JH
Bank
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Legal Advisor
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prime north east developments 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 prime north east developments ltd.
prime north east developments 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.
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prime north east developments ltdCompanies House Filings - See Documents
