prime health partners limited
prime health partners limited Company Information
Company Number
11689245
Next Accounts
17 days late
Shareholders
farzad entikabi
greenlight healthcare limited
View AllGroup Structure
View All
Industry
Dispensing chemist in specialised stores
Registered Address
level 5a maple house, 149 tottenham court road, london, W1T 7NF
Website
-prime health partners limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME HEALTH PARTNERS LIMITED at £611.6k based on a Turnover of £1.7m and 0.36x industry multiple (adjusted for size and gross margin).
prime health partners limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME HEALTH PARTNERS LIMITED at £0 based on an EBITDA of £-205.2k and a 4.27x industry multiple (adjusted for size and gross margin).
prime health partners limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME HEALTH PARTNERS LIMITED at £0 based on Net Assets of £-459.5k and 2.09x industry multiple (adjusted for liquidity).
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Prime Health Partners Limited Overview
Prime Health Partners Limited is a live company located in london, W1T 7NF with a Companies House number of 11689245. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in November 2018, it's largest shareholder is farzad entikabi with a 29.6% stake. Prime Health Partners Limited is a young, small sized company, Pomanda has estimated its turnover at £1.7m with high growth in recent years.
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Prime Health Partners Limited Health Check
Pomanda's financial health check has awarded Prime Health Partners Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
6 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£11.9m)
- Prime Health Partners Limited
£11.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (6.6%)
- Prime Health Partners Limited
6.6% - Industry AVG
Production
with a gross margin of 32.4%, this company has a comparable cost of product (32.4%)
- Prime Health Partners Limited
32.4% - Industry AVG
Profitability
an operating margin of -19.5% make it less profitable than the average company (3.1%)
- Prime Health Partners Limited
3.1% - Industry AVG
Employees
with 16 employees, this is below the industry average (73)
16 - Prime Health Partners Limited
73 - Industry AVG
Pay Structure
on an average salary of £25.6k, the company has an equivalent pay structure (£25.6k)
- Prime Health Partners Limited
£25.6k - Industry AVG
Efficiency
resulting in sales per employee of £106.5k, this is less efficient (£144.4k)
- Prime Health Partners Limited
£144.4k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is near the average (30 days)
- Prime Health Partners Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 114 days, this is slower than average (65 days)
- Prime Health Partners Limited
65 days - Industry AVG
Stock Days
it holds stock equivalent to 34 days, this is in line with average (36 days)
- Prime Health Partners Limited
36 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Prime Health Partners Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 122.3%, this is a higher level of debt than the average (58.3%)
122.3% - Prime Health Partners Limited
58.3% - Industry AVG
PRIME HEALTH PARTNERS LIMITED financials
Prime Health Partners Limited's latest turnover from June 2023 is estimated at £1.7 million and the company has net assets of -£459.5 thousand. According to their latest financial statements, Prime Health Partners Limited has 16 employees and maintains cash reserves of £14.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 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 | 16 | 15 | 12 | 11 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 556,272 | 549,489 | 291,766 | 122,810 | |
| Intangible Assets | 1,049,961 | 1,141,378 | 1,232,795 | 1,324,212 | |
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 1,606,233 | 1,690,867 | 1,524,561 | 1,447,022 | |
| Stock & work in progress | 107,323 | 114,200 | 116,262 | 92,215 | |
| Trade Debtors | 158,677 | 103,584 | 109,499 | 92,319 | |
| Group Debtors | |||||
| Misc Debtors | 177,007 | 89,935 | 138,525 | 127,056 | 36,117 |
| Cash | 14,115 | 26,841 | 56,826 | 8,363 | |
| misc current assets | |||||
| total current assets | 457,122 | 334,560 | 421,112 | 319,953 | 36,117 |
| total assets | 2,063,355 | 2,025,427 | 1,945,673 | 1,766,975 | 36,117 |
| Bank overdraft | |||||
| Bank loan | 156,369 | 82,364 | 137,406 | 126,215 | |
| Trade Creditors | 360,681 | 281,475 | 209,594 | 178,655 | |
| Group/Directors Accounts | 1,236,532 | 1,013,660 | 904,751 | 573,765 | 36,328 |
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 145,097 | 20,357 | 93,838 | 53,485 | 1,200 |
| total current liabilities | 1,898,679 | 1,397,856 | 1,345,589 | 932,120 | 37,528 |
| loans | 624,196 | 652,284 | 686,885 | 811,619 | |
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 19,457 | ||||
| total long term liabilities | 624,196 | 671,741 | 686,885 | 811,619 | |
| total liabilities | 2,522,875 | 2,069,597 | 2,032,474 | 1,743,739 | 37,528 |
| net assets | -459,520 | -44,170 | -86,801 | 23,236 | -1,411 |
| total shareholders funds | -459,520 | -44,170 | -86,801 | 23,236 | -1,411 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 36,388 | 42,073 | 36,639 | 28,922 | |
| Amortisation | 91,417 | 91,417 | 91,417 | 47,038 | |
| Tax | |||||
| Stock | -6,877 | -2,062 | 24,047 | 92,215 | |
| Debtors | 142,165 | -54,505 | 28,649 | 183,258 | 36,117 |
| Creditors | 79,206 | 71,881 | 30,939 | 178,655 | |
| Accruals and Deferred Income | 124,740 | -73,481 | 40,353 | 52,285 | 1,200 |
| Deferred Taxes & Provisions | -19,457 | 19,457 | |||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 74,005 | -55,042 | 11,191 | 126,215 | |
| Group/Directors Accounts | 222,872 | 108,909 | 330,986 | 537,437 | 36,328 |
| Other Short Term Loans | |||||
| Long term loans | -28,088 | -34,601 | -124,734 | 811,619 | |
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -12,726 | -29,985 | 48,463 | 8,363 | |
| overdraft | |||||
| change in cash | -12,726 | -29,985 | 48,463 | 8,363 |
prime health partners limited Credit Report and Business Information
Prime Health Partners Limited Competitor Analysis
Perform a competitor analysis for prime health partners limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in W1T area or any other competitors across 12 key performance metrics.
prime health partners limited Ownership
PRIME HEALTH PARTNERS LIMITED group structure
Prime Health Partners Limited has no subsidiary companies.
Ultimate parent company
PRIME HEALTH PARTNERS LIMITED
11689245
prime health partners limited directors
Prime Health Partners Limited currently has 4 directors. The longest serving directors include Dr Daniel Beck (Nov 2018) and Dr Martin Abbas (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Daniel Beck | United Kingdom | 43 years | Nov 2018 | - | Director |
| Dr Martin Abbas | England | 50 years | Nov 2018 | - | Director |
| Mr John Foreman | England | 58 years | Nov 2018 | - | Director |
| Dr Farzad Entikabi | England | 45 years | Nov 2018 | - | Director |
P&L
June 2023turnover
1.7m
+22%
operating profit
-333k
0%
gross margin
32.4%
-3.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-459.5k
+9.4%
total assets
2.1m
+0.02%
cash
14.1k
-0.47%
net assets
Total assets minus all liabilities
prime health partners limited company details
company number
11689245
Type
Private limited with Share Capital
industry
47730 - Dispensing chemist in specialised stores
incorporation date
November 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
level 5a maple house, 149 tottenham court road, london, W1T 7NF
Bank
-
Legal Advisor
-
prime health partners 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 4 charges/mortgages relating to prime health partners limited. Currently there are 3 open charges and 1 have been satisfied in the past.
prime health partners 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 HEALTH PARTNERS LIMITED. This can take several minutes, an email will notify you when this has completed.
prime health partners limited Companies House Filings - See Documents
| date | description | view/download |
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