primanex limited
primanex limited Company Information
Group Structure
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Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
15 martinfield business centre, welwyn garden city, hertfordshire, AL7 1HG
Website
-primanex limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMANEX LIMITED at £1.6k based on a Turnover of £1.8k and 0.87x industry multiple (adjusted for size and gross margin).
primanex limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMANEX LIMITED at £0 based on an EBITDA of £-780 and a 3.59x industry multiple (adjusted for size and gross margin).
primanex limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMANEX LIMITED at £766k based on Net Assets of £571.2k and 1.34x industry multiple (adjusted for liquidity).
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Primanex Limited Overview
Primanex Limited is a live company located in hertfordshire, AL7 1HG with a Companies House number of 09841244. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2015, it's largest shareholder is samir parikh with a 100% stake. Primanex Limited is a established, micro sized company, Pomanda has estimated its turnover at £1.8k with declining growth in recent years.
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Primanex Limited Health Check
Pomanda's financial health check has awarded Primanex Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.8k, make it smaller than the average company (£18.8m)
- Primanex Limited
£18.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -70%, show it is growing at a slower rate (9.1%)
- Primanex Limited
9.1% - Industry AVG
Production
with a gross margin of 20.7%, this company has a higher cost of product (34.7%)
- Primanex Limited
34.7% - Industry AVG
Profitability
an operating margin of -42.6% make it less profitable than the average company (4.6%)
- Primanex Limited
4.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (103)
- Primanex Limited
103 - Industry AVG
Pay Structure
on an average salary of £43k, the company has an equivalent pay structure (£43k)
- Primanex Limited
£43k - Industry AVG
Efficiency
resulting in sales per employee of £1.8k, this is less efficient (£186.5k)
- Primanex Limited
£186.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (45 days)
- Primanex Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 353 days, this is slower than average (45 days)
- Primanex Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Primanex Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Primanex Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.3%, this is a lower level of debt than the average (68.9%)
18.3% - Primanex Limited
68.9% - Industry AVG
PRIMANEX LIMITED financials
Primanex Limited's latest turnover from October 2023 is estimated at £1.8 thousand and the company has net assets of £571.2 thousand. According to their latest financial statements, we estimate that Primanex Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 699,289 | 699,289 | 699,289 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 698,289 | 698,289 | 688,291 | 688,291 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 699,289 | 699,289 | 699,289 | 698,289 | 698,289 | 688,291 | 688,291 | 1 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3 | 1,698 | 24,355 | 23,000 | 0 | 0 | 0 | 73,205 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 257 | 5,131 | 4,353 | 73,508 | 1,860 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3 | 1,698 | 24,355 | 23,257 | 5,131 | 4,353 | 73,508 | 75,065 |
| total assets | 699,292 | 700,987 | 723,644 | 721,546 | 703,420 | 692,644 | 761,799 | 75,066 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,405 | 1,405 | 1,405 | 1,423 | 1,423 | 1,405 | 1,405 | 600 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,405 | 1,405 | 1,405 | 1,423 | 1,423 | 1,405 | 1,405 | 600 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 126,705 | 127,620 | 149,500 | 149,960 | 154,000 | 154,000 | 692,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 126,705 | 127,620 | 149,500 | 149,960 | 154,000 | 154,000 | 692,000 | 0 |
| total liabilities | 128,110 | 129,025 | 150,905 | 151,383 | 155,423 | 155,405 | 693,405 | 600 |
| net assets | 571,182 | 571,962 | 572,739 | 570,163 | 547,997 | 537,239 | 68,394 | 74,466 |
| total shareholders funds | 571,182 | 571,962 | 572,739 | 570,163 | 547,997 | 537,239 | 68,394 | 74,466 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,695 | -22,657 | 1,355 | 23,000 | 0 | 0 | -73,205 | 73,205 |
| Creditors | 0 | 0 | -18 | 0 | 18 | 0 | 805 | 600 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | -698,289 | 0 | 9,998 | 0 | 688,290 | 1 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -915 | -21,880 | -460 | -4,040 | 0 | -538,000 | 692,000 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | -257 | -4,874 | 778 | -69,155 | 71,648 | 1,860 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -257 | -4,874 | 778 | -69,155 | 71,648 | 1,860 |
primanex limited Credit Report and Business Information
Primanex Limited Competitor Analysis
Perform a competitor analysis for primanex limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in AL7 area or any other competitors across 12 key performance metrics.
primanex limited Ownership
PRIMANEX LIMITED group structure
Primanex Limited has 3 subsidiary companies.
Ultimate parent company
PRIMANEX LIMITED
09841244
3 subsidiaries
primanex limited directors
Primanex Limited currently has 1 director, Mr Samir Parikh serving since Nov 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Samir Parikh | England | 52 years | Nov 2015 | - | Director |
P&L
October 2023turnover
1.8k
-72%
operating profit
-780
0%
gross margin
20.8%
+0.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
571.2k
0%
total assets
699.3k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
primanex limited company details
company number
09841244
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
October 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
15 martinfield business centre, welwyn garden city, hertfordshire, AL7 1HG
Bank
HSBC BANK PLC
Legal Advisor
-
primanex 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 primanex limited.
primanex limited Capital Raised & Share Issues BETA
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primanex limited Companies House Filings - See Documents
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