pure project 1 limited
pure project 1 limited Company Information
Company Number
11806454
Next Accounts
488 days late
Directors
Shareholders
mr pragnesh modhwadia
vitta capital limited
Group Structure
View All
Industry
Development of building projects
Registered Address
c/o everlyn partners llp, 45 gresham street, london, EC2V 7BG
Website
-pure project 1 limited Estimated Valuation
Pomanda estimates the enterprise value of PURE PROJECT 1 LIMITED at £103.3k based on a Turnover of £227.5k and 0.45x industry multiple (adjusted for size and gross margin).
pure project 1 limited Estimated Valuation
Pomanda estimates the enterprise value of PURE PROJECT 1 LIMITED at £0 based on an EBITDA of £-118.7k and a 3.59x industry multiple (adjusted for size and gross margin).
pure project 1 limited Estimated Valuation
Pomanda estimates the enterprise value of PURE PROJECT 1 LIMITED at £0 based on Net Assets of £-268.5k and 1.41x industry multiple (adjusted for liquidity).
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Pure Project 1 Limited Overview
Pure Project 1 Limited is a live company located in london, EC2V 7BG with a Companies House number of 11806454. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2019, it's largest shareholder is mr pragnesh modhwadia with a 60% stake. Pure Project 1 Limited is a young, micro sized company, Pomanda has estimated its turnover at £227.5k with unknown growth in recent years.
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Pure Project 1 Limited Health Check
Pomanda's financial health check has awarded Pure Project 1 Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
6 Weak
Size
annual sales of £227.5k, make it smaller than the average company (£2m)
- Pure Project 1 Limited
£2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Pure Project 1 Limited
- - Industry AVG
Production
with a gross margin of 24.4%, this company has a comparable cost of product (24.4%)
- Pure Project 1 Limited
24.4% - Industry AVG
Profitability
an operating margin of -52.2% make it less profitable than the average company (10.4%)
- Pure Project 1 Limited
10.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Pure Project 1 Limited
6 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Pure Project 1 Limited
£44k - Industry AVG
Efficiency
resulting in sales per employee of £113.8k, this is less efficient (£271.1k)
- Pure Project 1 Limited
£271.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Pure Project 1 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (31 days)
- Pure Project 1 Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pure Project 1 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Pure Project 1 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 114.9%, this is a higher level of debt than the average (75%)
114.9% - Pure Project 1 Limited
75% - Industry AVG
PURE PROJECT 1 LIMITED financials
Pure Project 1 Limited's latest turnover from February 2022 is estimated at £227.5 thousand and the company has net assets of -£268.5 thousand. According to their latest financial statements, Pure Project 1 Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|
| 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 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | 1,799,996 | ||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 1,799,996 | ||
| Stock & work in progress | 1,799,996 | ||
| Trade Debtors | |||
| Group Debtors | |||
| Misc Debtors | 100 | 15,100 | 100 |
| Cash | |||
| misc current assets | |||
| total current assets | 100 | 1,815,096 | 100 |
| total assets | 1,800,096 | 1,815,096 | 100 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 1,150 | 1,150 | |
| Group/Directors Accounts | 212,382 | 16,611 | |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 420,108 | 418,908 | |
| total current liabilities | 633,640 | 436,669 | |
| loans | 1,435,000 | 1,435,000 | |
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | 1,435,000 | 1,435,000 | |
| total liabilities | 2,068,640 | 1,871,669 | |
| net assets | -268,544 | -56,573 | 100 |
| total shareholders funds | -268,544 | -56,573 | 100 |
| Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | -1,799,996 | 1,799,996 | |
| Debtors | -15,000 | 15,000 | 100 |
| Creditors | 1,150 | ||
| Accruals and Deferred Income | 1,200 | 418,908 | |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 1,799,996 | ||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 195,771 | 16,611 | |
| Other Short Term Loans | |||
| Long term loans | 1,435,000 | ||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
pure project 1 limited Credit Report and Business Information
Pure Project 1 Limited Competitor Analysis
Perform a competitor analysis for pure project 1 limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in EC2V area or any other competitors across 12 key performance metrics.
pure project 1 limited Ownership
PURE PROJECT 1 LIMITED group structure
Pure Project 1 Limited has no subsidiary companies.
Ultimate parent company
PURE PROJECT 1 LIMITED
11806454
pure project 1 limited directors
Pure Project 1 Limited currently has 1 director, Mr Pragnesh Modhwadia serving since Feb 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Pragnesh Modhwadia | England | 41 years | Feb 2019 | - | Director |
P&L
February 2022turnover
227.5k
-61%
operating profit
-118.7k
0%
gross margin
24.5%
-3.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2022net assets
-268.5k
+3.75%
total assets
1.8m
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
pure project 1 limited company details
company number
11806454
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
February 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2022
previous names
N/A
accountant
-
auditor
-
address
c/o everlyn partners llp, 45 gresham street, london, EC2V 7BG
Bank
-
Legal Advisor
-
pure project 1 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 8 charges/mortgages relating to pure project 1 limited. Currently there are 2 open charges and 6 have been satisfied in the past.
pure project 1 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 PURE PROJECT 1 LIMITED. This can take several minutes, an email will notify you when this has completed.
pure project 1 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
