Prometheus Services Ltd

POWER SEARCH PRICING

SOLUTIONS

prometheus services ltd Company Information

Live

YoungMicroDeclining

Company Number

09867642

Website

https://www.prometheusltd.co.uk

Registered Address

1 fairway avenue, west drayton, UB7 7AN

Industry

Bookkeeping activities

Telephone

Next Accounts Due

December 2024

Group Structure

View All

Directors

Arulraj Ganeshalingam8 Years

Atchuthan Ganeshalingam2 Years

Shareholders

erika colombo 45%

arulraj ganeshalingam 45%

View All

prometheus services ltd Estimated Valuation

£36.4k

Pomanda estimates the enterprise value of PROMETHEUS SERVICES LTD at £36.4k based on a Turnover of £34k and 1.07x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Prometheus Services Ltd is a live company located in west drayton, UB7 7AN with a Companies House number of 09867642. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in November 2015, it's largest shareholder is erika colombo with a 45% stake. Prometheus Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £34k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Prometheus Services Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

3 Strong

3 Regular

5 Weak

Size

annual sales of £34k, make it smaller than the average company (£82.4k)

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (4.6%)

EXPORT

Prometheus Services Ltd's latest turnover from March 2023 is estimated at £34 thousand and the company has net assets of £234. According to their latest financial statements, Prometheus Services Ltd has 2 employees and maintains cash reserves of £137.9 thousand 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
Turnover	34,039	35,861	33,361	37,302	995,470	281,973	822	52,354
Other Income Or Grants	0	0	0	0	0	0	0	0
Cost Of Sales	8,659	7,741	2,680	5,500	50,373	15,482	49	2,066
Gross Profit	25,379	28,120	30,681	31,802	945,097	266,491	773	50,289
Admin Expenses	29,930	95,390	-65,164	60,460	918,380	260,610	-10,412	50,243
Operating Profit	-4,551	-67,270	95,845	-28,658	26,717	5,881	11,185	46
Interest Payable	3,196	4,859	7,864	4,113	0	0	0	0
Interest Receivable	5,439	621	29	5	0	30	17	3
Pre-Tax Profit	-2,308	-71,509	88,010	-32,766	26,717	5,911	11,201	49
Tax	0	0	-16,722	0	-5,076	-1,123	-2,240	-10
Profit After Tax	-2,308	-71,509	71,288	-32,766	21,641	4,788	8,961	39
Dividends Paid	0	0	0	0	0	0	0	0
Retained Profit	-2,308	-71,509	71,288	-32,766	21,641	4,788	8,961	39
Employee Costs	30,657	31,175	30,527	26,068	293,120	83,413	21,977	36,274
Number Of Employees	2	2	2	2	20	6	1	2
EBITDA*	4,506	-57,466	106,694	-28,658	26,717	5,881	11,185	791

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016
Tangible Assets	29,250	32,670	40,142	47,925	56,011	68,173	1,553	1,491
Intangible Assets	0	0	0	0	0	0	0	0
Investments & Other	100	100	100	100	0	0	0	0
Debtors (Due After 1 year)	178,350	180,321	145,478	145,612	0	0	0	0
Total Fixed Assets	207,700	213,091	185,720	193,637	56,011	68,173	1,553	1,491
Stock & work in progress	0	0	0	0	0	0	0	0
Trade Debtors	4,183	4,750	5,295	2,551	180,592	50,347	99	6,978
Group Debtors	0	6,617	0	0	0	0	0	0
Misc Debtors	25,000	724	0	1,646	0	0	0	0
Cash	137,925	118,034	47,465	10,466	0	0	12,174	1,078
misc current assets	0	0	0	0	0	0	0	0
total current assets	167,108	130,125	52,760	14,663	180,592	50,347	12,273	8,056
total assets	374,808	343,216	238,480	208,300	236,603	118,520	13,826	9,547
Bank overdraft	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0
Trade Creditors	971	563	1,727	0	11,015	51,931	4,726	9,408
Group/Directors Accounts	14,634	88,433	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	25,596	30,684	16,627	37,214	0	0	0	0
total current liabilities	41,201	119,680	18,354	37,214	11,015	51,931	4,726	9,408
loans	41,373	20,994	122,980	134,849	0	0	0	0
hp & lease commitments	0	0	23,095	33,474	0	0	0	0
Accruals and Deferred Income	0	0	0	0	1,086	0	0	0
other liabilities	292,000	200,000	0	0	189,073	52,801	0	0
provisions	0	0	0	0	0	0	0	0
total long term liabilities	333,373	220,994	146,075	168,323	190,159	52,801	0	0
total liabilities	374,574	340,674	164,429	205,537	201,174	104,732	4,726	9,408
net assets	234	2,542	74,051	2,763	35,429	13,788	9,100	139
total shareholders funds	234	2,542	74,051	2,763	35,429	13,788	9,100	139

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016
Operating Activities
Operating Profit	-4,551	-67,270	95,845	-28,658	26,717	5,881	11,185	46
Depreciation	9,057	9,804	10,849	0	0	0	0	745
Amortisation	0	0	0	0	0	0	0	0
Tax	0	0	-16,722	0	-5,076	-1,123	-2,240	-10
Stock	0	0	0	0	0	0	0	0
Debtors	15,121	41,639	964	-30,783	130,245	50,248	-6,879	6,978
Creditors	408	-1,164	1,727	-11,015	-40,916	47,205	-4,682	9,408
Accruals and Deferred Income	-5,088	14,057	-20,587	36,128	1,086	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0
Cash flow from operations	-15,295	-86,212	70,148	27,238	-148,434	1,715	11,142	3,211
Investing Activities
capital expenditure	-5,637	-2,332	-3,066	8,086	12,162	-66,620	-62	-2,236
Change in Investments	0	0	0	100	0	0	0	0
cash flow from investments	-5,637	-2,332	-3,066	7,986	12,162	-66,620	-62	-2,236
Financing Activities
Bank loans	0	0	0	0	0	0	0	0
Group/Directors Accounts	-73,799	88,433	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0
Long term loans	20,379	-101,986	-11,869	134,849	0	0	0	0
Hire Purchase and Lease Commitments	0	-23,095	-10,379	33,474	0	0	0	0
other long term liabilities	92,000	200,000	0	-189,073	136,272	52,801	0	0
share issue	0	0	0	100	0	-100	0	100
interest	2,243	-4,238	-7,835	-4,108	0	30	17	3
cash flow from financing	40,823	159,114	-30,083	-24,758	136,272	52,731	17	103
cash and cash equivalents
cash	19,891	70,569	36,999	10,466	0	-12,174	11,096	1,078
overdraft	0	0	0	0	0	0	0	0
change in cash	19,891	70,569	36,999	10,466	0	-12,174	11,096	1,078

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for prometheus services ltd. Get real-time insights into prometheus services ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for prometheus services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in UB7 area or any other competitors across 12 key performance metrics.

PROMETHEUS SERVICES LTD group structure

Prometheus Services Ltd has no subsidiary companies.

Ultimate parent company

PROMETHEUS SERVICES LTD

09867642

PROMETHEUS SERVICES LTD Shareholders

erika colombo	45%
arulraj ganeshalingam	45%
sellathurai ganeshalingam	7%
rajini ganeshalingam	1%
jude wimalasekaran	1%
ahalya jude	1%

Prometheus Services Ltd currently has 2 directors. The longest serving directors include Mr Arulraj Ganeshalingam (Nov 2015) and Mr Atchuthan Ganeshalingam (Dec 2021).

officer	country	age	start	end	role
Mr Arulraj Ganeshalingam	England	40 years	Nov 2015	-	Director
Mr Atchuthan Ganeshalingam	England	47 years	Dec 2021	-	Director

P&L

March 2023

turnover

34k

-5%

operating profit

-4.6k

gross margin

74.6%

-4.91%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

234

-0.91%

total assets

374.8k

+0.09%

cash

137.9k

+0.17%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

bestbasic limited

dosanis (2005) limited

4.5

focus business management limited

4.5

rag london limited

majors accounts & co ltd

3.5

company number

09867642

Type

Private limited with Share Capital

industry

69202 - Bookkeeping activities

incorporation date

November 2015

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2023

address

1 fairway avenue, west drayton, UB7 7AN

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 prometheus services ltd.

prometheus services ltd Company Information

prometheus services ltd Estimated Valuation

prometheus services ltd Estimated Valuation

prometheus services ltd Estimated Valuation

Prometheus Services Ltd Overview

Prometheus Services Ltd Health Check

PROMETHEUS SERVICES LTD financials

prometheus services ltd Credit Report and Business Information

Prometheus Services Ltd Competitor Analysis

prometheus services ltd Ownership

prometheus services ltd directors

prometheus services ltd company details

prometheus services ltd Charges & Mortgages

prometheus services ltd Companies House Filings - See Documents