primerise limited

primerise limited Company Information

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Company Number

10245539

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Directors

Paresh Sodha

Shareholders

primeglobe ltd

Group Structure

View All

Contact

Registered Address

445 kenton road, harrow, middlesex, HA3 0XY

Website

-

primerise limited Estimated Valuation

£761.2k

Pomanda estimates the enterprise value of PRIMERISE LIMITED at £761.2k based on a Turnover of £324.5k and 2.35x industry multiple (adjusted for size and gross margin).

primerise limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PRIMERISE LIMITED at £0 based on an EBITDA of £-3.6k and a 4.84x industry multiple (adjusted for size and gross margin).

primerise limited Estimated Valuation

£60.5k

Pomanda estimates the enterprise value of PRIMERISE LIMITED at £60.5k based on Net Assets of £34.8k and 1.74x industry multiple (adjusted for liquidity).

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Primerise Limited Overview

Primerise Limited is a live company located in middlesex, HA3 0XY with a Companies House number of 10245539. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2016, it's largest shareholder is primeglobe ltd with a 100% stake. Primerise Limited is a young, micro sized company, Pomanda has estimated its turnover at £324.5k with healthy growth in recent years.

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Primerise Limited Health Check

Pomanda's financial health check has awarded Primerise 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

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £324.5k, make it smaller than the average company (£1m)

£324.5k - Primerise Limited

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3.6%)

8% - Primerise Limited

3.6% - Industry AVG

production

Production

with a gross margin of 26.5%, this company has a higher cost of product (71%)

26.5% - Primerise Limited

71% - Industry AVG

profitability

Profitability

an operating margin of -1.1% make it less profitable than the average company (22.4%)

-1.1% - Primerise Limited

22.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Primerise Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33k, the company has an equivalent pay structure (£33k)

£33k - Primerise Limited

£33k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £324.5k, this is more efficient (£201.2k)

£324.5k - Primerise Limited

£201.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 66 days, this is later than average (33 days)

66 days - Primerise Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 522 days, this is slower than average (35 days)

522 days - Primerise Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Primerise Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Primerise Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 97.7%, this is a higher level of debt than the average (71.1%)

97.7% - Primerise Limited

71.1% - Industry AVG

PRIMERISE LIMITED financials

EXPORTms excel logo

Primerise Limited's latest turnover from December 2023 is estimated at £324.5 thousand and the company has net assets of £34.8 thousand. According to their latest financial statements, we estimate that Primerise Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Turnover324,489231,151271,675257,530289,35400610
Other Income Or Grants00000000
Cost Of Sales238,474175,286206,927194,418216,95900431
Gross Profit86,01555,86464,74763,11272,39500179
Admin Expenses89,62744,07556,63255,06634,951-68,104-37,71654
Operating Profit-3,61211,7898,1158,04637,44468,10437,716125
Interest Payable000030,96162,63930,5050
Interest Receivable000018122690
Pre-Tax Profit-3,61211,7898,1158,0466,5015,5867,280125
Tax0-2,240-1,542-1,529-1,235-1,061-1,383-25
Profit After Tax-3,6129,5496,5736,5175,2664,5255,897100
Dividends Paid00000000
Retained Profit-3,6129,5496,5736,5175,2664,5255,897100
Employee Costs32,99531,13529,97228,30329,0820026,634
Number Of Employees11111001
EBITDA*-3,61211,7898,1158,04637,44468,10437,716125

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Tangible Assets1,458,6071,458,6071,458,6071,458,6070000
Intangible Assets00000000
Investments & Other00001,458,6071,458,6071,458,6070
Debtors (Due After 1 year)00000000
Total Fixed Assets1,458,6071,458,6071,458,6071,458,6071,458,6071,458,6071,458,6070
Stock & work in progress00000000
Trade Debtors58,94133,97619,86911,3798,20900100
Group Debtors00000000
Misc Debtors00000000
Cash000004,92627,6550
misc current assets00000000
total current assets58,94133,97619,86911,3798,2094,92627,655100
total assets1,517,5481,492,5831,478,4761,469,9861,466,8161,463,5331,486,262100
Bank overdraft00000000
Bank loan00000000
Trade Creditors 341,395324,408599,665575,023554,150000
Group/Directors Accounts000002,6092,4640
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000532,925539,0930
total current liabilities341,395324,408599,665575,023554,150535,534541,5570
loans00000917,377938,6080
hp & lease commitments00000000
Accruals and Deferred Income0001,2001,200000
other liabilities1,141,3381,129,748849,933871,458895,678000
provisions00000000
total long term liabilities1,141,3381,129,748849,933872,658896,878917,377938,6080
total liabilities1,482,7331,454,1561,449,5981,447,6811,451,0281,452,9111,480,1650
net assets34,81538,42728,87822,30515,78810,6226,097100
total shareholders funds34,81538,42728,87822,30515,78810,6226,097100
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Operating Activities
Operating Profit-3,61211,7898,1158,04637,44468,10437,716125
Depreciation00000000
Amortisation00000000
Tax0-2,240-1,542-1,529-1,235-1,061-1,383-25
Stock00000000
Debtors24,96514,1078,4903,1708,2090-100100
Creditors16,987-275,25724,64220,873554,150000
Accruals and Deferred Income00-1,2000-531,725-6,168539,0930
Deferred Taxes & Provisions00000000
Cash flow from operations-11,590-279,81521,52524,22050,42560,875575,5260
Investing Activities
capital expenditure000-1,458,6070000
Change in Investments000-1,458,607001,458,6070
cash flow from investments000000-1,458,6070
Financing Activities
Bank loans00000000
Group/Directors Accounts0000-2,6091452,4640
Other Short Term Loans 00000000
Long term loans0000-917,377-21,231938,6080
Hire Purchase and Lease Commitments00000000
other long term liabilities11,590279,815-21,525-24,220895,678000
share issue0000-10001000
interest0000-30,943-62,517-30,4360
cash flow from financing11,590279,815-21,525-24,220-55,351-83,603910,7360
cash and cash equivalents
cash0000-4,926-22,72927,6550
overdraft00000000
change in cash0000-4,926-22,72927,6550

primerise limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for primerise limited. Get real-time insights into primerise limited's credit score, group structure and payment trends.

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Primerise Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for primerise limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HA3 area or any other competitors across 12 key performance metrics.

primerise limited Ownership

PRIMERISE LIMITED group structure

Primerise Limited has no subsidiary companies.

Ultimate parent company

1 parent

PRIMERISE LIMITED

10245539

PRIMERISE LIMITED Shareholders

primeglobe ltd 100%

primerise limited directors

Primerise Limited currently has 1 director, Mr Paresh Sodha serving since Jun 2016.

officercountryagestartendrole
Mr Paresh Sodha54 years Jun 2016- Director

P&L

December 2023

turnover

324.5k

+40%

operating profit

-3.6k

0%

gross margin

26.6%

+9.68%

turnover

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

Balance Sheet

December 2023

net assets

34.8k

-0.09%

total assets

1.5m

+0.02%

cash

0

0%

net assets

Total assets minus all liabilities

primerise limited company details

company number

10245539

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

June 2016

age

8

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

PRICE MANN LIMITED

auditor

-

address

445 kenton road, harrow, middlesex, HA3 0XY

Bank

-

Legal Advisor

-

primerise 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 found 7 charges/mortgages relating to primerise limited. Currently there are 7 open charges and 0 have been satisfied in the past.

primerise 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.

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primerise limited Companies House Filings - See Documents

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