prime developments (n.w.) limitedEstimated Valuation
£105.8k
Pomanda estimates the enterprise value of PRIME DEVELOPMENTS (N.W.) LIMITED at £105.8k based on a Turnover of £217.6k and 0.49x industry multiple (adjusted for size and gross margin).
prime developments (n.w.) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PRIME DEVELOPMENTS (N.W.) LIMITED at £0 based on an EBITDA of £-158.4k and a 3.71x industry multiple (adjusted for size and gross margin).
prime developments (n.w.) limitedEstimated Valuation
£797.3k
Pomanda estimates the enterprise value of PRIME DEVELOPMENTS (N.W.) LIMITED at £797.3k based on Net Assets of £575.2k and 1.39x industry multiple (adjusted for liquidity).
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Prime Developments (n.w.) LimitedOverview
Prime Developments (n.w.) Limited is a live company located in lancashire, WN7 2TW with a Companies House number of 10280093. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2016, it's largest shareholder is
david patrick
with a 50% stake. Prime Developments (n.w.) Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£217.6k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Prime Developments (N.W.) Limited a 3.5 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 Rating3.5out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £217.6k, make it smaller than the average company (£2.2m)
£217.6k - Prime Developments (n.w.) Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (3.3%)
9% - Prime Developments (n.w.) Limited
3.3% - Industry AVG
Production
with a gross margin of 26.5%, this company has a comparable cost of product (26.5%)
26.5% - Prime Developments (n.w.) Limited
26.5% - Industry AVG
Profitability
an operating margin of -73% make it less profitable than the average company (7.3%)
-73% - Prime Developments (n.w.) Limited
7.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Prime Developments (n.w.) Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
£47.3k - Prime Developments (n.w.) Limited
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £108.8k, this is less efficient (£275.1k)
£108.8k - Prime Developments (n.w.) Limited
£275.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Prime Developments (n.w.) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (31 days)
3 days - Prime Developments (n.w.) Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 206 days, this is more than average (164 days)
206 days - Prime Developments (n.w.) Limited
164 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 45 weeks, this is more cash available to meet short term requirements (13 weeks)
45 weeks - Prime Developments (n.w.) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.1%, this is a lower level of debt than the average (73.1%)
43.1% - Prime Developments (n.w.) Limited
73.1% - Industry AVG
PRIME DEVELOPMENTS (N.W.) LIMITED financials
EXPORT
Prime Developments (N.W.) Limited's latest turnover from July 2023 is estimated at £217.6 thousand and the company has net assets of £575.2 thousand. According to their latest financial statements, Prime Developments (N.W.) Limited has 2 employees and maintains cash reserves of £384.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Turnover
217,595
296,794
540,287
166,752
90,506
1,030,792
158,639
Other Income Or Grants
Cost Of Sales
159,981
222,844
412,850
124,463
65,656
737,023
110,280
Gross Profit
57,614
73,950
127,437
42,289
24,849
293,769
48,359
Admin Expenses
216,475
34,754
-291,813
-62,367
-394,371
304,038
51,898
Operating Profit
-158,861
39,196
419,250
104,656
419,220
-10,269
-3,539
Interest Payable
39,632
38,164
Interest Receivable
15,045
4,939
360
343
2,506
604
140
Pre-Tax Profit
-143,816
44,135
419,610
104,999
382,094
-47,829
-3,399
Tax
-8,386
-79,726
-19,950
-72,598
Profit After Tax
-143,816
35,749
339,884
85,049
309,496
-47,829
-3,399
Dividends Paid
Retained Profit
-143,816
35,749
339,884
85,049
309,496
-47,829
-3,399
Employee Costs
94,657
88,514
132,868
43,060
42,647
169,261
41,590
Number Of Employees
2
2
3
1
1
4
1
EBITDA*
-158,351
39,710
419,768
104,680
419,252
-10,226
-3,539
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Tangible Assets
1,030
1,540
2,054
72
96
128
Intangible Assets
Investments & Other
31,936
11,534
315
Debtors (Due After 1 year)
Total Fixed Assets
32,966
1,540
2,054
72
96
11,662
315
Stock & work in progress
90,487
423,752
535,595
471,870
432,718
1,672,382
434,930
Trade Debtors
1
Group Debtors
500,000
500,000
50,000
Misc Debtors
3,630
479
20,105
49,821
989
27,585
1,573
Cash
384,246
217,559
572,656
147,725
538,407
129,766
111,646
misc current assets
total current assets
978,363
1,141,790
1,178,356
669,416
972,115
1,829,733
548,149
total assets
1,011,329
1,143,330
1,180,410
669,488
972,211
1,841,395
548,464
Bank overdraft
1,174,268
Bank loan
Trade Creditors
1,457
16
55,909
694
679
61,243
363
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
434,638
423,971
440,809
325,363
713,146
657,012
551,400
total current liabilities
436,095
423,987
496,718
326,057
713,825
1,892,523
551,763
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
293
391
14
18
total long term liabilities
293
391
14
18
total liabilities
436,095
424,280
497,109
326,071
713,843
1,892,523
551,763
net assets
575,234
719,050
683,301
343,417
258,368
-51,128
-3,299
total shareholders funds
575,234
719,050
683,301
343,417
258,368
-51,128
-3,299
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Operating Activities
Operating Profit
-158,861
39,196
419,250
104,656
419,220
-10,269
-3,539
Depreciation
510
514
518
24
32
43
Amortisation
Tax
-8,386
-79,726
-19,950
-72,598
Stock
-333,265
-111,843
63,725
39,152
-1,239,664
1,237,452
434,930
Debtors
3,151
430,374
20,284
48,831
-26,595
26,012
1,573
Creditors
1,441
-55,893
55,215
15
-60,564
60,880
363
Accruals and Deferred Income
10,667
-16,838
115,446
-387,783
56,134
105,612
551,400
Deferred Taxes & Provisions
-293
-98
377
-4
18
Cash flow from operations
183,578
-360,036
427,071
-391,025
1,608,501
-1,107,198
111,721
Investing Activities
capital expenditure
-2,500
-171
Change in Investments
31,936
-11,534
11,219
315
cash flow from investments
-31,936
-2,500
11,534
-11,390
-315
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
15,045
4,939
360
343
-37,126
-37,560
140
cash flow from financing
15,045
4,939
360
343
-37,126
-37,560
240
cash and cash equivalents
cash
166,687
-355,097
424,931
-390,682
408,641
18,120
111,646
overdraft
-1,174,268
1,174,268
change in cash
166,687
-355,097
424,931
-390,682
1,582,909
-1,156,148
111,646
prime developments (n.w.) 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 prime developments (n.w.) limited. Get real-time insights into prime developments (n.w.) limited's credit score, group structure and payment trends.
Prime Developments (n.w.) Limited Competitor Analysis
Perform a competitor analysis for prime developments (n.w.) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WN7 area or any other competitors across 12 key performance metrics.
prime developments (n.w.) limited Ownership
PRIME DEVELOPMENTS (N.W.) LIMITED group structure
Prime Developments (N.W.) Limited has no subsidiary companies.
Ultimate parent company
PRIME DEVELOPMENTS (N.W.) LIMITED
10280093
PRIME DEVELOPMENTS (N.W.) LIMITED Shareholders
The largest shareholders in Prime Developments (N.W.) Limited include David Patrick and Carol Ann Beazant.
david patrick
50%
carol ann beazant
50%
prime developments (n.w.) limited directors
Prime Developments (N.W.) Limited currently has 2 directors.
The longest serving directors include
Mrs Carol Beazant (Jul 2016) and
Mr David Patrick (Jul 2016).
prime developments (n.w.) 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 3 charges/mortgages relating to prime developments (n.w.) limited. Currently there are 1 open charges and 2 have been satisfied in the past.
prime developments (n.w.) 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 PRIME DEVELOPMENTS (N.W.) LIMITED. This can take several minutes, an email will notify you when this has completed.
prime developments (n.w.) limitedCompanies House Filings - See Documents
