prime family choice ltd Company Information
Company Number
08954979
Website
-Registered Address
hearts day nursery, 89 chingford mount road, london, E4 8LU
Industry
Pre-primary education
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Letitia Ciritel10 Years
Shareholders
letitia ciritel 50%
ciprian ciritel 50%
prime family choice ltd Estimated Valuation
Pomanda estimates the enterprise value of PRIME FAMILY CHOICE LTD at £2.5m based on a Turnover of £4.6m and 0.55x industry multiple (adjusted for size and gross margin).
prime family choice ltd Estimated Valuation
Pomanda estimates the enterprise value of PRIME FAMILY CHOICE LTD at £1.2m based on an EBITDA of £510.2k and a 2.27x industry multiple (adjusted for size and gross margin).
prime family choice ltd Estimated Valuation
Pomanda estimates the enterprise value of PRIME FAMILY CHOICE LTD at £951.9k based on Net Assets of £510.9k and 1.86x industry multiple (adjusted for liquidity).
Prime Family Choice Ltd AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Prime Family Choice Ltd Overview
Prime Family Choice Ltd is a live company located in london, E4 8LU with a Companies House number of 08954979. It operates in the pre-primary education sector, SIC Code 85100. Founded in March 2014, it's largest shareholder is letitia ciritel with a 50% stake. Prime Family Choice Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.6m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Prime Family Choice Ltd Health Check
Pomanda's financial health check has awarded Prime Family Choice Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £4.6m, make it larger than the average company (£632.2k)
- Prime Family Choice Ltd
£632.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 66%, show it is growing at a faster rate (3.1%)
- Prime Family Choice Ltd
3.1% - Industry AVG
Production
with a gross margin of 33.7%, this company has a higher cost of product (44.3%)
- Prime Family Choice Ltd
44.3% - Industry AVG
Profitability
an operating margin of 11.2% make it more profitable than the average company (6.1%)
- Prime Family Choice Ltd
6.1% - Industry AVG
Employees
with 20 employees, this is below the industry average (29)
20 - Prime Family Choice Ltd
29 - Industry AVG
Pay Structure
on an average salary of £20.7k, the company has an equivalent pay structure (£20.7k)
- Prime Family Choice Ltd
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £227.7k, this is more efficient (£28.6k)
- Prime Family Choice Ltd
£28.6k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (3 days)
- Prime Family Choice Ltd
3 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is slower than average (18 days)
- Prime Family Choice Ltd
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Prime Family Choice Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Prime Family Choice Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.9%, this is a higher level of debt than the average (18%)
25.9% - Prime Family Choice Ltd
18% - Industry AVG
prime family choice ltd Credit Report and Business Information
Prime Family Choice Ltd Competitor Analysis
Perform a competitor analysis for prime family choice ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
prime family choice ltd Ownership
PRIME FAMILY CHOICE LTD group structure
Prime Family Choice Ltd has no subsidiary companies.
Ultimate parent company
PRIME FAMILY CHOICE LTD
08954979
prime family choice ltd directors
Prime Family Choice Ltd currently has 1 director, Mrs Letitia Ciritel serving since Mar 2014.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Letitia Ciritel | England | 47 years | Mar 2014 | - | Director |
PRIME FAMILY CHOICE LTD financials
Prime Family Choice Ltd's latest turnover from March 2023 is estimated at £4.6 million and the company has net assets of £510.9 thousand. According to their latest financial statements, Prime Family Choice Ltd has 20 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|
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 | 20 | 20 | 18 | 17 | 15 | 15 | 17 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 30,162 | 16,006 | 21,342 | 5,216 | 6,955 | 1,937 | 1,583 | 1,570 | 2,093 |
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 | 30,162 | 16,006 | 21,342 | 5,216 | 6,955 | 1,937 | 1,583 | 1,570 | 2,093 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 659,689 | 145,678 | 108,281 | 128,860 | 145,050 | 0 | 2,358 | 20,138 | 2,219 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 9,600 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 106,422 | 72,739 | 67,374 | 860 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 659,689 | 145,678 | 117,881 | 128,860 | 145,050 | 106,422 | 75,097 | 87,512 | 3,079 |
total assets | 689,851 | 161,684 | 139,223 | 134,076 | 152,005 | 108,359 | 76,680 | 89,082 | 5,172 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 2,500 | 2,500 | 2,500 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 178,911 | 64,022 | 62,236 | 35,890 | 39,018 | 172 | 218 | 280 | 13,889 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 42,170 | 19,354 | 31,237 | 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 | 21,232 | 11,994 | 10,451 | 0 |
total current liabilities | 178,911 | 64,022 | 62,236 | 35,890 | 39,018 | 66,074 | 34,066 | 44,468 | 13,889 |
loans | 0 | 0 | 0 | 0 | 0 | 13,749 | 16,249 | 18,749 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 25,183 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 11,594 | 0 | 0 | 0 | 21,249 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 36,777 | 13,749 | 16,249 | 18,749 | 21,249 |
total liabilities | 178,911 | 64,022 | 62,236 | 35,890 | 75,795 | 79,823 | 50,315 | 63,217 | 35,138 |
net assets | 510,940 | 97,662 | 76,987 | 98,186 | 76,210 | 28,536 | 26,365 | 25,865 | -29,966 |
total shareholders funds | 510,940 | 97,662 | 76,987 | 98,186 | 76,210 | 28,536 | 26,365 | 25,865 | -29,966 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | 646 | 527 | 523 | 698 | |||||
Amortisation | 0 | 0 | 0 | 0 | |||||
Tax | |||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 514,011 | 27,797 | -10,979 | -16,190 | 145,050 | -2,358 | -17,780 | 17,919 | 2,219 |
Creditors | 114,889 | 1,786 | 26,346 | -3,128 | 38,846 | -46 | -62 | -13,609 | 13,889 |
Accruals and Deferred Income | 0 | 0 | 0 | -25,183 | 3,951 | 9,238 | 1,543 | 10,451 | 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 | -42,170 | 22,816 | -11,883 | 31,237 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | -13,749 | -2,500 | -2,500 | 18,749 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | -11,594 | 11,594 | 0 | 0 | -21,249 | 21,249 |
share issue | |||||||||
interest | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | 0 | 0 | 0 | 0 | -106,422 | 33,683 | 5,365 | 66,514 | 860 |
overdraft | 0 | 0 | 0 | 0 | -2,500 | 0 | 0 | 2,500 | 0 |
change in cash | 0 | 0 | 0 | 0 | -103,922 | 33,683 | 5,365 | 64,014 | 860 |
P&L
March 2023turnover
4.6m
+285%
operating profit
510.2k
0%
gross margin
33.7%
+1.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
510.9k
+4.23%
total assets
689.9k
+3.27%
cash
0
0%
net assets
Total assets minus all liabilities
prime family choice ltd company details
company number
08954979
Type
Private limited with Share Capital
industry
85100 - Pre-primary education
incorporation date
March 2014
age
10
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
hearts day nursery, 89 chingford mount road, london, E4 8LU
last accounts submitted
March 2023
prime family choice 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 family choice ltd.
prime family choice ltd Companies House Filings - See Documents
date | description | view/download |
---|