Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Registered Address
top floor, rear room 49, st. kilda's road, london, N16 5BS
Pomanda estimates the enterprise value of PRIME AID LTD at £816.9k based on a Turnover of £617.1k and 1.32x industry multiple (adjusted for size and gross margin).
prime aid ltdEstimated Valuation
£23.9k
Pomanda estimates the enterprise value of PRIME AID LTD at £23.9k based on an EBITDA of £4.9k and a 4.83x industry multiple (adjusted for size and gross margin).
prime aid ltdEstimated Valuation
£6.2k
Pomanda estimates the enterprise value of PRIME AID LTD at £6.2k based on Net Assets of £3.3k and 1.89x industry multiple (adjusted for liquidity).
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Prime Aid LtdOverview
Prime Aid Ltd is a live company located in london, N16 5BS with a Companies House number of 11183599. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in February 2018, it's largest shareholder is
unknown.
Prime Aid Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£617.1k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Prime Aid Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
3 Regular
4 Weak
Size
annual sales of £254.9k, make it smaller than the average company (£2.8m)
£254.9k - Prime Aid Ltd
£2.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Prime Aid Ltd
- - Industry AVG
Production
with a gross margin of 65.2%, this company has a comparable cost of product (65.2%)
65.2% - Prime Aid Ltd
65.2% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (26.6%)
0.2% - Prime Aid Ltd
26.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
1 - Prime Aid Ltd
8 - Industry AVG
Pay Structure
on an average salary of £53.7k, the company has an equivalent pay structure (£53.7k)
£53.7k - Prime Aid Ltd
£53.7k - Industry AVG
Efficiency
resulting in sales per employee of £254.9k, this is less efficient (£302.7k)
£254.9k - Prime Aid Ltd
£302.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Prime Aid Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is slower than average (21 days)
38 days - Prime Aid Ltd
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Prime Aid Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 56 weeks, this is more cash available to meet short term requirements (16 weeks)
56 weeks - Prime Aid Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.6%, this is a similar level of debt than the average (85.3%)
92.6% - Prime Aid Ltd
85.3% - Industry AVG
PRIME AID LTD financials
EXPORT
Prime Aid Ltd's latest turnover from December 2020 is estimated at £617.1 thousand and the company has net assets of £3.3 thousand. According to their latest financial statements, Prime Aid Ltd has 2 employees and maintains cash reserves of £17.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2020
Feb 2020
Feb 2019
Turnover
617,072
254,882
145,154
Other Income Or Grants
Cost Of Sales
195,252
88,705
44,598
Gross Profit
421,821
166,177
100,555
Admin Expenses
416,877
165,734
100,282
Operating Profit
4,944
443
273
Interest Payable
1,525
Interest Receivable
48
347
291
Pre-Tax Profit
3,467
790
564
Tax
-659
-150
-107
Profit After Tax
2,808
640
457
Dividends Paid
Retained Profit
2,808
640
457
Employee Costs
114,661
53,684
53,235
Number Of Employees
2
1
1
EBITDA*
4,944
443
273
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2020
Feb 2020
Feb 2019
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
131,243
Total Fixed Assets
131,243
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash
17,452
14,803
77,643
misc current assets
total current assets
17,452
14,803
77,643
total assets
148,695
14,803
77,643
Bank overdraft
Bank loan
Trade Creditors
92,745
9,407
76,279
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
2,685
4,299
907
total current liabilities
95,430
13,706
77,186
loans
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
50,000
total liabilities
145,430
13,706
77,186
net assets
3,265
1,097
457
total shareholders funds
3,265
1,097
457
Dec 2020
Feb 2020
Feb 2019
Operating Activities
Operating Profit
4,944
443
273
Depreciation
Amortisation
Tax
-659
-150
-107
Stock
Debtors
131,243
Creditors
16,466
-66,872
76,279
Accruals and Deferred Income
1,778
3,392
907
Deferred Taxes & Provisions
Cash flow from operations
-108,714
-63,187
77,352
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
50,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
-1,477
347
291
cash flow from financing
48,523
347
291
cash and cash equivalents
cash
-60,191
-62,840
77,643
overdraft
change in cash
-60,191
-62,840
77,643
prime aid ltd 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 aid ltd. Get real-time insights into prime aid ltd's credit score, group structure and payment trends.
Perform a competitor analysis for prime aid ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in N16 area or any other competitors across 12 key performance metrics.
prime aid ltd Ownership
PRIME AID LTD group structure
Prime Aid Ltd has no subsidiary companies.
Ultimate parent company
PRIME AID LTD
11183599
PRIME AID LTD Shareholders
The sole shareholder of Prime Aid Ltd is -.
-
-
prime aid ltd directors
Prime Aid Ltd currently has 1 director, Mr Moses Rubin serving since Mar 2021.
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2020
previous names
N/A
accountant
BRINDLEY GOLDSTEIN LTD
auditor
-
address
top floor, rear room 49, st. kilda's road, london, N16 5BS
Bank
-
Legal Advisor
-
prime aid ltd 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 prime aid ltd.
prime aid ltd 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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prime aid ltdCompanies House Filings - See Documents
