prime hire limited
prime hire limited Company Information
Company Number
11210278
Next Accounts
Sep 2025
Industry
Renting and leasing of agricultural machinery and equipment
Shareholders
eastern farms limited
Group Structure
View All
Contact
Registered Address
mill farm dunkirk drove, somersham, huntingdon, cambs, PE28 3HN
Website
https://www.primehireinc.comprime hire limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME HIRE LIMITED at £290.8k based on a Turnover of £395.6k and 0.74x industry multiple (adjusted for size and gross margin).
prime hire limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME HIRE LIMITED at £0 based on an EBITDA of £0 and a 2.54x industry multiple (adjusted for size and gross margin).
prime hire limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME HIRE LIMITED at £372 based on Net Assets of £100 and 3.73x industry multiple (adjusted for liquidity).
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Prime Hire Limited Overview
Prime Hire Limited is a live company located in huntingdon, PE28 3HN with a Companies House number of 11210278. It operates in the renting and leasing of agricultural machinery and equipment sector, SIC Code 77310. Founded in February 2018, it's largest shareholder is eastern farms limited with a 100% stake. Prime Hire Limited is a young, micro sized company, Pomanda has estimated its turnover at £395.6k with healthy growth in recent years.
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Prime Hire Limited Health Check
Pomanda's financial health check has awarded Prime Hire Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 2 areas for improvement. Company Health Check FAQs
0 Strong
4 Regular
2 Weak
Size
annual sales of £395.6k, make it smaller than the average company (£16m)
- Prime Hire Limited
£16m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (14.3%)
- Prime Hire Limited
14.3% - Industry AVG
Production
with a gross margin of 30.5%, this company has a comparable cost of product (30.5%)
- Prime Hire Limited
30.5% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Prime Hire Limited
- - Industry AVG
Employees
with 2 employees, this is below the industry average (57)
2 - Prime Hire Limited
57 - Industry AVG
Pay Structure
on an average salary of £41.4k, the company has an equivalent pay structure (£41.4k)
- Prime Hire Limited
£41.4k - Industry AVG
Efficiency
resulting in sales per employee of £197.8k, this is equally as efficient (£197.8k)
- Prime Hire Limited
£197.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Prime Hire Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Prime Hire Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Prime Hire Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Prime Hire Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Prime Hire Limited
- - Industry AVG
PRIME HIRE LIMITED financials
Prime Hire Limited's latest turnover from December 2023 is estimated at £395.6 thousand and the company has net assets of £100. According to their latest financial statements, Prime Hire Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Feb 2019 | |
|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Feb 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 104,702 | 119,867 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 802 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 104,702 | 120,669 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 100 | 100 | 100 | 100 | 274 | 0 |
| Cash | 0 | 0 | 0 | 0 | 3,191 | 1,070 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 100 | 100 | 100 | 100 | 3,465 | 1,070 |
| total assets | 100 | 100 | 100 | 100 | 108,167 | 121,739 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 201 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 54,849 | 49,521 |
| total current liabilities | 0 | 0 | 0 | 0 | 54,849 | 49,722 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 63,957 | 73,634 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 63,957 | 73,634 |
| total liabilities | 0 | 0 | 0 | 0 | 118,806 | 123,356 |
| net assets | 100 | 100 | 100 | 100 | -10,639 | -1,617 |
| total shareholders funds | 100 | 100 | 100 | 100 | -10,639 | -1,617 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Feb 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 15,165 | 12,177 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | -174 | 274 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 201 |
| Accruals and Deferred Income | 0 | 0 | 0 | -54,849 | 54,849 | 49,521 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 802 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -63,957 | 63,957 | 73,634 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | -3,191 | 3,191 | 1,070 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -3,191 | 3,191 | 1,070 |
prime hire limited Credit Report and Business Information
Prime Hire Limited Competitor Analysis
Perform a competitor analysis for prime hire limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in PE28 area or any other competitors across 12 key performance metrics.
prime hire limited Ownership
PRIME HIRE LIMITED group structure
Prime Hire Limited has no subsidiary companies.
prime hire limited directors
Prime Hire Limited currently has 2 directors. The longest serving directors include Mr Charles Leadbetter (Feb 2018) and Mrs Anna Leadbetter (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Leadbetter | United Kingdom | 49 years | Feb 2018 | - | Director |
| Mrs Anna Leadbetter | United Kingdom | 41 years | Feb 2018 | - | Director |
P&L
December 2023turnover
395.6k
-13%
operating profit
0
0%
gross margin
30.5%
-1.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
100
0%
total assets
100
0%
cash
0
0%
net assets
Total assets minus all liabilities
prime hire limited company details
company number
11210278
Type
Private limited with Share Capital
industry
77310 - Renting and leasing of agricultural machinery and equipment
incorporation date
February 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
mill farm dunkirk drove, somersham, huntingdon, cambs, PE28 3HN
Bank
-
Legal Advisor
-
prime hire 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 did not find charges/mortgages relating to prime hire limited.
prime hire limited Companies House Filings - See Documents
| date | description | view/download |
|---|
