primetals technologies, limited
primetals technologies, limited Company Information
Company Number
09155890
Next Accounts
Dec 2025
Shareholders
primetals technologies holdings ltd
Group Structure
View All
Industry
Engineering design activities for industrial process and production
+1Registered Address
building 11 chiswick park, 566 chiswick high road, london, W4 5YA
Website
www.primetals.comprimetals technologies, limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMETALS TECHNOLOGIES, LIMITED at £82.6m based on a Turnover of £106m and 0.78x industry multiple (adjusted for size and gross margin).
primetals technologies, limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMETALS TECHNOLOGIES, LIMITED at £0 based on an EBITDA of £-22.8m and a 5.84x industry multiple (adjusted for size and gross margin).
primetals technologies, limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMETALS TECHNOLOGIES, LIMITED at £963.3m based on Net Assets of £419.8m and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Primetals Technologies, Limited Overview
Primetals Technologies, Limited is a live company located in london, W4 5YA with a Companies House number of 09155890. It operates in the engineering design activities for industrial process and production sector, SIC Code 71121. Founded in July 2014, it's largest shareholder is primetals technologies holdings ltd with a 100% stake. Primetals Technologies, Limited is a established, mega sized company, Pomanda has estimated its turnover at £106m with rapid growth in recent years.
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Primetals Technologies, Limited Health Check
Pomanda's financial health check has awarded Primetals Technologies, Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £106m, make it larger than the average company (£707.8k)
£106m - Primetals Technologies, Limited
£707.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (8.5%)
38% - Primetals Technologies, Limited
8.5% - Industry AVG
Production
with a gross margin of 8.1%, this company has a higher cost of product (36.8%)
8.1% - Primetals Technologies, Limited
36.8% - Industry AVG
Profitability
an operating margin of -21.6% make it less profitable than the average company (5.8%)
-21.6% - Primetals Technologies, Limited
5.8% - Industry AVG
Employees
with 262 employees, this is above the industry average (17)
262 - Primetals Technologies, Limited
17 - Industry AVG
Pay Structure
on an average salary of £79.6k, the company has a higher pay structure (£41.5k)
£79.6k - Primetals Technologies, Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £404.7k, this is more efficient (£90.7k)
£404.7k - Primetals Technologies, Limited
£90.7k - Industry AVG
Debtor Days
it gets paid by customers after 126 days, this is later than average (52 days)
126 days - Primetals Technologies, Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (40 days)
68 days - Primetals Technologies, Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 54 days, this is more than average (29 days)
54 days - Primetals Technologies, Limited
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (37 weeks)
0 weeks - Primetals Technologies, Limited
37 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.2%, this is a lower level of debt than the average (43.9%)
33.2% - Primetals Technologies, Limited
43.9% - Industry AVG
PRIMETALS TECHNOLOGIES, LIMITED financials
Primetals Technologies, Limited's latest turnover from March 2024 is £106 million and the company has net assets of £419.8 million. According to their latest financial statements, Primetals Technologies, Limited has 262 employees and maintains cash reserves of £480 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Apr 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 106,022,000 | 83,551,000 | 60,785,000 | 40,579,000 | 76,066,000 | 85,208,000 | 85,208,000 | 69,034,000 | 96,844,000 | 74,150,000 | 14,708,000 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 97,402,000 | 72,581,000 | 51,295,000 | 38,618,000 | 65,993,000 | 73,113,000 | 73,113,000 | 62,067,000 | 83,765,000 | 60,073,000 | 20,772,000 |
| Gross Profit | 8,620,000 | 10,970,000 | 9,490,000 | 1,961,000 | 10,073,000 | 12,095,000 | 12,095,000 | 6,967,000 | 13,079,000 | 14,077,000 | -6,064,000 |
| Admin Expenses | 31,550,000 | 30,404,000 | 26,009,000 | 86,808,000 | 75,216,000 | 56,898,000 | 56,898,000 | 37,277,000 | 97,388,000 | ||
| Operating Profit | -22,930,000 | -19,434,000 | -16,519,000 | -84,847,000 | -65,143,000 | -44,803,000 | -44,803,000 | -30,310,000 | -103,452,000 | ||
| Interest Payable | 10,508,000 | 4,180,000 | 1,836,000 | 965,000 | 2,058,000 | 2,588,000 | 2,588,000 | 1,459,000 | 575,000 | 377,000 | |
| Interest Receivable | 15,396,000 | 10,320,000 | 39,700,000 | 12,368,000 | 190,487,000 | 13,086,000 | 13,086,000 | 2,714,000 | 36,000 | 731,000 | 52,000 |
| Pre-Tax Profit | -18,042,000 | -13,294,000 | 21,345,000 | -73,444,000 | 123,286,000 | -32,686,000 | -32,686,000 | -29,310,000 | -9,381,000 | -52,836,000 | -103,400,000 |
| Tax | 4,566,000 | 3,286,000 | 1,975,000 | 3,111,000 | -265,000 | -134,000 | -134,000 | -109,000 | -870,000 | 1,603,000 | |
| Profit After Tax | -13,476,000 | -10,008,000 | 23,320,000 | -70,333,000 | 123,021,000 | -32,820,000 | -32,820,000 | -29,419,000 | -10,251,000 | -52,836,000 | -101,797,000 |
| Dividends Paid | |||||||||||
| Retained Profit | -13,476,000 | -10,008,000 | 23,320,000 | -70,333,000 | 123,021,000 | -32,820,000 | -32,820,000 | -29,419,000 | -10,251,000 | -52,836,000 | -101,797,000 |
| Employee Costs | 20,867,000 | 19,357,000 | 21,545,000 | 21,622,000 | 21,212,000 | 22,683,000 | 22,683,000 | 23,269,000 | 26,235,000 | 33,757,000 | 7,085,000 |
| Number Of Employees | 262 | 259 | 285 | 304 | 349 | 339 | 339 | 353 | 368 | 444 | 418 |
| EBITDA* | -22,767,000 | -18,318,000 | -14,862,000 | -82,933,000 | -63,278,000 | -43,367,000 | -43,367,000 | -28,771,000 | -103,155,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Apr 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 749,000 | 575,877,000 | 558,532,000 | 558,377,000 | 510,414,000 | 521,750,000 | 519,011,000 | 514,775,000 | 1,003,000 | 1,244,000 | 446,653,000 |
| Intangible Assets | 2,744,000 | 219,000 | 296,000 | 938,000 | 1,702,000 | 2,465,000 | 2,465,000 | 3,557,000 | 4,679,000 | 5,800,000 | 14,440,000 |
| Investments & Other | 552,653,000 | 572,854,000 | 554,650,000 | 554,765,000 | 506,787,000 | 518,140,000 | 518,140,000 | 513,715,000 | 508,423,000 | 451,214,000 | 445,856,000 |
| Debtors (Due After 1 year) | 158,000 | 158,000 | 143,000 | 115,000 | |||||||
| Total Fixed Assets | 556,304,000 | 575,938,000 | 558,685,000 | 559,315,000 | 512,001,000 | 524,215,000 | 521,476,000 | 518,332,000 | 514,105,000 | 458,258,000 | 461,093,000 |
| Stock & work in progress | 14,531,000 | 8,734,000 | 6,659,000 | 5,729,000 | 7,316,000 | 7,464,000 | 7,464,000 | 6,343,000 | 4,319,000 | 4,863,000 | 25,565,000 |
| Trade Debtors | 36,768,000 | 15,435,000 | 9,072,000 | 11,841,000 | 23,813,000 | 24,123,000 | 24,123,000 | 16,750,000 | 21,589,000 | 18,637,000 | 16,178,000 |
| Group Debtors | 10,936,000 | 5,967,000 | 4,403,000 | 2,312,000 | 2,900,000 | 6,582,000 | 6,582,000 | 8,754,000 | |||
| Misc Debtors | 5,030,000 | 10,682,000 | 6,529,000 | ||||||||
| Cash | 480,000 | 221,000 | 176,000 | 27,000 | 2,000 | 2,000 | 253,000 | 41,012,000 | 25,031,000 | ||
| misc current assets | 4,531,000 | 33,791,000 | 22,515,000 | 11,566,000 | 17,492,000 | 26,359,000 | 26,359,000 | 17,306,000 | 12,859,000 | 64,198,000 | 102,897,000 |
| total current assets | 72,276,000 | 71,088,000 | 45,945,000 | 34,325,000 | 51,521,000 | 64,530,000 | 64,530,000 | 49,406,000 | 49,449,000 | 128,710,000 | 176,200,000 |
| total assets | 628,580,000 | 647,026,000 | 604,630,000 | 593,640,000 | 563,522,000 | 588,745,000 | 586,006,000 | 567,738,000 | 563,554,000 | 586,968,000 | 637,293,000 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 18,288,000 | 10,855,000 | 10,020,000 | 6,721,000 | 10,628,000 | 16,107,000 | 16,107,000 | 10,203,000 | 28,534,000 | 26,001,000 | 24,246,000 |
| Group/Directors Accounts | 8,654,000 | 31,185,000 | 165,045,000 | 165,045,000 | 124,897,000 | 18,613,000 | |||||
| other short term finances | 7,832,000 | 5,731,000 | 3,256,000 | 1,750,000 | 82,164,000 | 96,712,000 | |||||
| hp & lease commitments | 1,755,000 | 1,815,000 | 2,779,000 | 2,271,000 | 2,153,000 | 1,931,000 | 39,000 | 12,000 | 87,000 | 84,000 | 4,000 |
| other current liabilities | 178,417,000 | 200,768,000 | 146,073,000 | 161,310,000 | 19,312,000 | 31,188,000 | 33,859,000 | 29,190,000 | 20,216,000 | 21,747,000 | 89,935,000 |
| total current liabilities | 207,114,000 | 213,438,000 | 158,872,000 | 170,302,000 | 71,110,000 | 220,002,000 | 218,306,000 | 166,052,000 | 131,001,000 | 144,544,000 | 132,798,000 |
| loans | 1,396,000 | 1,666,000 | 2,578,000 | 2,332,000 | 2,772,000 | 260,000 | 318,000 | 360,000 | |||
| hp & lease commitments | 937,000 | 698,000 | 833,000 | 1,289,000 | 1,166,000 | 1,386,000 | 130,000 | 159,000 | 238,000 | 325,000 | 180,000 |
| Accruals and Deferred Income | 664,000 | ||||||||||
| other liabilities | 260,000 | 218,000 | 246,000 | 279,000 | 299,000 | 264,000 | 355,000 | 317,000 | 706,000 | 485,000 | |
| provisions | 515,000 | 340,000 | 340,000 | 1,928,000 | 380,000 | 352,000 | 352,000 | 1,716,000 | 1,900,000 | 1,709,000 | 564,000 |
| total long term liabilities | 1,712,000 | 1,086,000 | 1,249,000 | 2,532,000 | 1,655,000 | 1,826,000 | 661,000 | 1,334,000 | 2,844,000 | 2,519,000 | 1,126,000 |
| total liabilities | 208,826,000 | 214,524,000 | 160,121,000 | 172,834,000 | 72,765,000 | 221,828,000 | 218,967,000 | 167,386,000 | 133,845,000 | 147,063,000 | 133,924,000 |
| net assets | 419,754,000 | 432,502,000 | 444,509,000 | 420,806,000 | 490,757,000 | 366,917,000 | 367,039,000 | 400,352,000 | 429,709,000 | 439,905,000 | 503,369,000 |
| total shareholders funds | 419,754,000 | 432,502,000 | 444,509,000 | 420,806,000 | 490,757,000 | 366,917,000 | 367,039,000 | 400,352,000 | 429,709,000 | 439,905,000 | 503,369,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Apr 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -22,930,000 | -19,434,000 | -16,519,000 | -84,847,000 | -65,143,000 | -44,803,000 | -44,803,000 | -30,310,000 | -103,452,000 | ||
| Depreciation | 110,000 | 1,039,000 | 1,015,000 | 1,150,000 | 1,102,000 | 344,000 | 344,000 | 417,000 | 320,000 | 260,000 | 17,000 |
| Amortisation | 53,000 | 77,000 | 642,000 | 764,000 | 763,000 | 1,092,000 | 1,092,000 | 1,122,000 | 1,122,000 | 1,127,000 | 280,000 |
| Tax | 4,566,000 | 3,286,000 | 1,975,000 | 3,111,000 | -265,000 | -134,000 | -134,000 | -109,000 | -870,000 | 1,603,000 | |
| Stock | 5,797,000 | 2,075,000 | 930,000 | -1,587,000 | -148,000 | 1,121,000 | 1,121,000 | 2,024,000 | -544,000 | -20,702,000 | 25,565,000 |
| Debtors | 31,332,000 | 7,942,000 | -535,000 | -12,675,000 | -3,877,000 | 5,201,000 | 5,201,000 | -6,767,000 | 13,634,000 | -4,070,000 | 22,707,000 |
| Creditors | 7,433,000 | 835,000 | 3,299,000 | -3,907,000 | -5,479,000 | 5,904,000 | 5,904,000 | -18,331,000 | 2,533,000 | 1,755,000 | 24,246,000 |
| Accruals and Deferred Income | -22,351,000 | 54,695,000 | -15,237,000 | 141,998,000 | -11,876,000 | 1,998,000 | 4,669,000 | 8,974,000 | -1,531,000 | -68,852,000 | 90,599,000 |
| Deferred Taxes & Provisions | 175,000 | -1,588,000 | 1,548,000 | 28,000 | -1,364,000 | -1,364,000 | -184,000 | 191,000 | 1,145,000 | 564,000 | |
| Cash flow from operations | -70,073,000 | 30,481,000 | -26,808,000 | 74,079,000 | -76,845,000 | -43,285,000 | -40,614,000 | -33,678,000 | -34,415,000 | ||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | -20,201,000 | 18,204,000 | -115,000 | 47,978,000 | -11,353,000 | 4,425,000 | 4,425,000 | 5,292,000 | 57,209,000 | 5,358,000 | 445,856,000 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | 8,654,000 | -31,185,000 | -133,860,000 | 40,148,000 | 40,148,000 | 124,897,000 | -18,613,000 | 18,613,000 | |||
| Other Short Term Loans | -7,832,000 | 2,101,000 | 3,981,000 | 1,506,000 | -80,414,000 | -14,548,000 | 96,712,000 | ||||
| Long term loans | -1,396,000 | -270,000 | -912,000 | 246,000 | -440,000 | 2,454,000 | -58,000 | 318,000 | -360,000 | 360,000 | |
| Hire Purchase and Lease Commitments | 179,000 | -1,099,000 | 52,000 | 241,000 | 2,000 | 3,146,000 | -2,000 | -154,000 | -84,000 | 225,000 | 184,000 |
| other long term liabilities | 42,000 | -28,000 | -33,000 | -20,000 | 35,000 | -53,000 | 38,000 | -389,000 | 221,000 | 485,000 | |
| share issue | |||||||||||
| interest | 4,888,000 | 6,140,000 | 37,864,000 | 11,403,000 | 188,429,000 | 10,498,000 | 10,498,000 | 1,255,000 | -539,000 | 354,000 | 52,000 |
| cash flow from financing | 13,095,000 | 2,744,000 | 37,354,000 | -26,765,000 | 57,086,000 | 59,559,000 | 51,637,000 | 45,575,000 | -14,895,000 | 68,175,000 | 624,375,000 |
| cash and cash equivalents | |||||||||||
| cash | 259,000 | 45,000 | 149,000 | 27,000 | -2,000 | -251,000 | -251,000 | 253,000 | -41,012,000 | 15,981,000 | 25,031,000 |
| overdraft | |||||||||||
| change in cash | 259,000 | 45,000 | 149,000 | 27,000 | -2,000 | -251,000 | -251,000 | 253,000 | -41,012,000 | 15,981,000 | 25,031,000 |
primetals technologies, limited Credit Report and Business Information
Primetals Technologies, Limited Competitor Analysis
Perform a competitor analysis for primetals technologies, limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in W 4 area or any other competitors across 12 key performance metrics.
primetals technologies, limited Ownership
PRIMETALS TECHNOLOGIES, LIMITED group structure
Primetals Technologies, Limited has 1 subsidiary company.
Ultimate parent company
PRIMETALS TECHNOLOGIES HOLDINGS LTD
#0132829
1 parent
PRIMETALS TECHNOLOGIES, LIMITED
09155890
1 subsidiary
primetals technologies, limited directors
Primetals Technologies, Limited currently has 3 directors. The longest serving directors include Mr Satoru Iijima (Apr 2018) and Mr Yoshiharu Ikeda (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Satoru Iijima | England | 64 years | Apr 2018 | - | Director |
| Mr Yoshiharu Ikeda | England | 62 years | Sep 2020 | - | Director |
| Mr Hiroshi Matsuda | England | 63 years | Apr 2023 | - | Director |
P&L
March 2024turnover
106m
+27%
operating profit
-22.9m
+18%
gross margin
8.2%
-38.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
419.8m
-0.03%
total assets
628.6m
-0.03%
cash
480k
+1.17%
net assets
Total assets minus all liabilities
primetals technologies, limited company details
company number
09155890
Type
Private limited with Share Capital
industry
71121 - Engineering design activities for industrial process and production
96090 - Other personal service activities n.e.c.
incorporation date
July 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
international metals technologies limited (January 2015)
imt jv limited (August 2014)
accountant
-
auditor
BDO LLP
address
building 11 chiswick park, 566 chiswick high road, london, W4 5YA
Bank
-
Legal Advisor
-
primetals technologies, 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 primetals technologies, limited.
primetals technologies, limited Capital Raised & Share Issues BETA
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primetals technologies, limited Companies House Filings - See Documents
| date | description | view/download |
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