principal skills limited
principal skills limited Company Information
Company Number
09095343
Next Accounts
983 days late
Industry
Other education n.e.c.
Shareholders
mrs elizabeth anne halliday
mrs joanne crosby
Group Structure
View All
Contact
Registered Address
northeast business and innovatio, wearfield, sunderland, SR5 2TA
Website
www.principalskills.co.ukprincipal skills limited Estimated Valuation
Pomanda estimates the enterprise value of PRINCIPAL SKILLS LIMITED at £245.8k based on a Turnover of £328.9k and 0.75x industry multiple (adjusted for size and gross margin).
principal skills limited Estimated Valuation
Pomanda estimates the enterprise value of PRINCIPAL SKILLS LIMITED at £0 based on an EBITDA of £-34.8k and a 4.2x industry multiple (adjusted for size and gross margin).
principal skills limited Estimated Valuation
Pomanda estimates the enterprise value of PRINCIPAL SKILLS LIMITED at £0 based on Net Assets of £-5.8k and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Principal Skills Limited Overview
Principal Skills Limited is a live company located in sunderland, SR5 2TA with a Companies House number of 09095343. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in June 2014, it's largest shareholder is mrs elizabeth anne halliday with a 50% stake. Principal Skills Limited is a established, micro sized company, Pomanda has estimated its turnover at £328.9k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Principal Skills Limited Health Check
Pomanda's financial health check has awarded Principal Skills Limited a 2 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 £328.9k, make it smaller than the average company (£514.4k)
- Principal Skills Limited
£514.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (4.8%)
- Principal Skills Limited
4.8% - Industry AVG
Production
with a gross margin of 51.7%, this company has a comparable cost of product (51.7%)
- Principal Skills Limited
51.7% - Industry AVG
Profitability
an operating margin of -12.2% make it less profitable than the average company (7%)
- Principal Skills Limited
7% - Industry AVG
Employees
with 4 employees, this is below the industry average (14)
4 - Principal Skills Limited
14 - Industry AVG
Pay Structure
on an average salary of £25.8k, the company has an equivalent pay structure (£25.8k)
- Principal Skills Limited
£25.8k - Industry AVG
Efficiency
resulting in sales per employee of £82.2k, this is more efficient (£48.8k)
- Principal Skills Limited
£48.8k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is later than average (17 days)
- Principal Skills Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is slower than average (19 days)
- Principal Skills Limited
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Principal Skills Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is less cash available to meet short term requirements (99 weeks)
45 weeks - Principal Skills Limited
99 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106%, this is a higher level of debt than the average (28.9%)
106% - Principal Skills Limited
28.9% - Industry AVG
PRINCIPAL SKILLS LIMITED financials
Principal Skills Limited's latest turnover from July 2020 is estimated at £328.9 thousand and the company has net assets of -£5.8 thousand. According to their latest financial statements, Principal Skills Limited has 4 employees and maintains cash reserves of £53.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 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 | 4 | 7 | 12 | 12 | 10 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 6,090 | 11,347 | 7,995 | 12,339 | 11,166 | 6,104 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,090 | 11,347 | 7,995 | 12,339 | 11,166 | 6,104 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 31,889 | 31,740 | 201,794 | 112,678 | 86,254 | 36,381 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,450 | 6,294 | 6,486 | 11,699 | 4,544 | 0 |
| Cash | 53,184 | 57,128 | 0 | 0 | 759 | 4,583 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 90,523 | 95,162 | 208,280 | 124,377 | 91,557 | 40,964 |
| total assets | 96,613 | 106,509 | 216,275 | 136,716 | 102,723 | 47,068 |
| Bank overdraft | 0 | 0 | 18,777 | 12,809 | 0 | 0 |
| Bank loan | 10,000 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,690 | 34,200 | 125,099 | 41,777 | 14,213 | 48,044 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 41,566 | 34,446 | 42,737 | 50,417 | 64,491 | 0 |
| total current liabilities | 61,256 | 68,646 | 186,613 | 105,003 | 78,704 | 48,044 |
| loans | 40,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,157 | 2,156 | 1,519 | 2,344 | 2,233 | 1,221 |
| total long term liabilities | 41,157 | 2,156 | 1,519 | 2,344 | 2,233 | 1,221 |
| total liabilities | 102,413 | 70,802 | 188,132 | 107,347 | 80,937 | 49,265 |
| net assets | -5,800 | 35,707 | 28,143 | 29,369 | 21,786 | -2,197 |
| total shareholders funds | -5,800 | 35,707 | 28,143 | 29,369 | 21,786 | -2,197 |
| Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 5,257 | 7,237 | 6,497 | 7,932 | 5,586 | 2,556 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -695 | -170,246 | 83,903 | 33,579 | 54,417 | 36,381 |
| Creditors | -24,510 | -90,899 | 83,322 | 27,564 | -33,831 | 48,044 |
| Accruals and Deferred Income | 7,120 | -8,291 | -7,680 | -14,074 | 64,491 | 0 |
| Deferred Taxes & Provisions | -999 | 637 | -825 | 111 | 1,012 | 1,221 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 10,000 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 40,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -3,944 | 57,128 | 0 | -759 | -3,824 | 4,583 |
| overdraft | 0 | -18,777 | 5,968 | 12,809 | 0 | 0 |
| change in cash | -3,944 | 75,905 | -5,968 | -13,568 | -3,824 | 4,583 |
principal skills limited Credit Report and Business Information
Principal Skills Limited Competitor Analysis
Perform a competitor analysis for principal skills limited by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in SR5 area or any other competitors across 12 key performance metrics.
principal skills limited Ownership
PRINCIPAL SKILLS LIMITED group structure
Principal Skills Limited has no subsidiary companies.
Ultimate parent company
PRINCIPAL SKILLS LIMITED
09095343
principal skills limited directors
Principal Skills Limited currently has 2 directors. The longest serving directors include Mrs Joanne Crosby (Jun 2014) and Mrs Elizabeth Halliday (Aug 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Joanne Crosby | United Kingdom | 54 years | Jun 2014 | - | Director |
| Mrs Elizabeth Halliday | 63 years | Aug 2014 | - | Director |
P&L
July 2020turnover
328.9k
-19%
operating profit
-40k
0%
gross margin
51.8%
+5.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2020net assets
-5.8k
-1.16%
total assets
96.6k
-0.09%
cash
53.2k
-0.07%
net assets
Total assets minus all liabilities
principal skills limited company details
company number
09095343
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
incorporation date
June 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2020
previous names
N/A
accountant
-
auditor
-
address
northeast business and innovatio, wearfield, sunderland, SR5 2TA
Bank
-
Legal Advisor
-
principal skills 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 principal skills limited.
principal skills limited 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 PRINCIPAL SKILLS LIMITED. This can take several minutes, an email will notify you when this has completed.
principal skills limited Companies House Filings - See Documents
| date | description | view/download |
|---|
