prism payroll limited Company Information
Company Number
10419584
Next Accounts
1151 days late
Directors
Shareholders
michael james halford
Group Structure
View All
Industry
Bookkeeping activities
Registered Address
yewbank sutton lane, woodseaves, market drayton, shropshire, TF9 2AW
Website
www.prismpayrollservices.comprism payroll limited Estimated Valuation
Pomanda estimates the enterprise value of PRISM PAYROLL LIMITED at £82k based on a Turnover of £178.5k and 0.46x industry multiple (adjusted for size and gross margin).
prism payroll limited Estimated Valuation
Pomanda estimates the enterprise value of PRISM PAYROLL LIMITED at £68.8k based on an EBITDA of £31.8k and a 2.16x industry multiple (adjusted for size and gross margin).
prism payroll limited Estimated Valuation
Pomanda estimates the enterprise value of PRISM PAYROLL LIMITED at £95.6k based on Net Assets of £25.9k and 3.69x industry multiple (adjusted for liquidity).
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Prism Payroll Limited Overview
Prism Payroll Limited is a live company located in market drayton, TF9 2AW with a Companies House number of 10419584. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in October 2016, it's largest shareholder is michael james halford with a 100% stake. Prism Payroll Limited is a young, micro sized company, Pomanda has estimated its turnover at £178.5k with declining growth in recent years.
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Prism Payroll Limited Health Check
Pomanda's financial health check has awarded Prism Payroll Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
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3 Strong
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3 Regular
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4 Weak
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Size
annual sales of £178.5k, make it larger than the average company (£77.9k)
- Prism Payroll Limited
£77.9k - Industry AVG
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Growth
3 year (CAGR) sales growth of -51%, show it is growing at a slower rate (7.8%)
- Prism Payroll Limited
7.8% - Industry AVG
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Production
with a gross margin of 41.8%, this company has a higher cost of product (85.3%)
- Prism Payroll Limited
85.3% - Industry AVG
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Profitability
an operating margin of 17.8% make it as profitable than the average company (14.9%)
- Prism Payroll Limited
14.9% - Industry AVG
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Employees
with 3 employees, this is above the industry average (2)
3 - Prism Payroll Limited
2 - Industry AVG
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Pay Structure
on an average salary of £13k, the company has an equivalent pay structure (£13k)
- Prism Payroll Limited
£13k - Industry AVG
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Efficiency
resulting in sales per employee of £59.5k, this is equally as efficient (£55k)
- Prism Payroll Limited
£55k - Industry AVG
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Debtor Days
it gets paid by customers after 183 days, this is later than average (71 days)
- Prism Payroll Limited
71 days - Industry AVG
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Creditor Days
its suppliers are paid after 225 days, this is slower than average (20 days)
- Prism Payroll Limited
20 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- Prism Payroll Limited
- - Industry AVG
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Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Prism Payroll Limited
- - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 71.2%, this is a higher level of debt than the average (52.2%)
71.2% - Prism Payroll Limited
52.2% - Industry AVG
PRISM PAYROLL LIMITED financials
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Prism Payroll Limited's latest turnover from March 2020 is estimated at £178.5 thousand and the company has net assets of £25.9 thousand. According to their latest financial statements, Prism Payroll Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2020 | Sep 2018 | Oct 2017 | |
---|---|---|---|
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 | 3 | 2 | 2 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2020 | Sep 2018 | Oct 2017 | |
---|---|---|---|
Tangible Assets | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 |
Trade Debtors | 89,911 | 658,987 | 563,467 |
Group Debtors | 0 | 0 | 0 |
Misc Debtors | 0 | 62,160 | 33,616 |
Cash | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 |
total current assets | 89,911 | 721,147 | 597,083 |
total assets | 89,911 | 721,147 | 597,083 |
Bank overdraft | 0 | 9,713 | 16,899 |
Bank loan | 0 | 0 | 0 |
Trade Creditors | 64,011 | 317,826 | 440,282 |
Group/Directors Accounts | 0 | 0 | 0 |
other short term finances | 0 | 35,213 | 0 |
hp & lease commitments | 0 | 0 | 0 |
other current liabilities | 0 | 299,492 | 115,198 |
total current liabilities | 64,011 | 662,244 | 572,379 |
loans | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 |
provisions | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 |
total liabilities | 64,011 | 662,244 | 572,379 |
net assets | 25,900 | 58,903 | 24,704 |
total shareholders funds | 25,900 | 58,903 | 24,704 |
Mar 2020 | Sep 2018 | Oct 2017 | |
---|---|---|---|
Operating Activities | |||
Operating Profit | |||
Depreciation | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 |
Tax | |||
Stock | 0 | 0 | 0 |
Debtors | 89,911 | 124,064 | 597,083 |
Creditors | 64,011 | -122,456 | 440,282 |
Accruals and Deferred Income | 0 | 184,294 | 115,198 |
Deferred Taxes & Provisions | 0 | 0 | 0 |
Cash flow from operations | |||
Investing Activities | |||
capital expenditure | |||
Change in Investments | 0 | 0 | 0 |
cash flow from investments | |||
Financing Activities | |||
Bank loans | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 |
Other Short Term Loans | 0 | 35,213 | 0 |
Long term loans | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 |
share issue | |||
interest | |||
cash flow from financing | |||
cash and cash equivalents | |||
cash | 0 | 0 | 0 |
overdraft | 0 | -7,186 | 16,899 |
change in cash | 0 | 7,186 | -16,899 |
prism payroll limited Credit Report and Business Information
Prism Payroll Limited Competitor Analysis
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Perform a competitor analysis for prism payroll limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in TF9 area or any other competitors across 12 key performance metrics.
prism payroll limited Ownership
PRISM PAYROLL LIMITED group structure
Prism Payroll Limited has no subsidiary companies.
Ultimate parent company
PRISM PAYROLL LIMITED
10419584
prism payroll limited directors
Prism Payroll Limited currently has 1 director, Mr Michael Halford serving since Oct 2016.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Halford | United Kingdom | 37 years | Oct 2016 | - | Director |
P&L
March 2020turnover
178.5k
0%
operating profit
31.8k
0%
gross margin
41.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
25.9k
0%
total assets
89.9k
0%
cash
0
0%
net assets
Total assets minus all liabilities
prism payroll limited company details
company number
10419584
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2020
previous names
N/A
accountant
-
auditor
-
address
yewbank sutton lane, woodseaves, market drayton, shropshire, TF9 2AW
Bank
-
Legal Advisor
-
prism payroll 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 prism payroll limited. Currently there are 1 open charges and 2 have been satisfied in the past.
prism payroll 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 PRISM PAYROLL LIMITED. This can take several minutes, an email will notify you when this has completed.
prism payroll limited Companies House Filings - See Documents
date | description | view/download |
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