primetank (3) limited
primetank (3) limited Company Information
Company Number
12413868
Next Accounts
Mar 2025
Industry
Buying and selling of own real estate
Shareholders
primetank (2) limited
Group Structure
View All
Contact
Registered Address
24 stamford hill, london, N16 6XZ
Website
-primetank (3) limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMETANK (3) LIMITED at £210.8k based on a Turnover of £76.9k and 2.74x industry multiple (adjusted for size and gross margin).
primetank (3) limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMETANK (3) LIMITED at £1.4m based on an EBITDA of £217.1k and a 6.25x industry multiple (adjusted for size and gross margin).
primetank (3) limited Estimated Valuation
Pomanda estimates the enterprise value of PRIMETANK (3) LIMITED at £3m based on Net Assets of £1.9m and 1.61x industry multiple (adjusted for liquidity).
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Primetank (3) Limited Overview
Primetank (3) Limited is a live company located in london, N16 6XZ with a Companies House number of 12413868. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in January 2020, it's largest shareholder is primetank (2) limited with a 100% stake. Primetank (3) Limited is a startup, micro sized company, Pomanda has estimated its turnover at £76.9k with unknown growth in recent years.
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Primetank (3) Limited Health Check
Pomanda's financial health check has awarded Primetank (3) Limited a 3.5 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
3 Strong
3 Regular
4 Weak
Size
annual sales of £76.9k, make it smaller than the average company (£824.2k)
- Primetank (3) Limited
£824.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Primetank (3) Limited
- - Industry AVG
Production
with a gross margin of 71.2%, this company has a comparable cost of product (71.2%)
- Primetank (3) Limited
71.2% - Industry AVG
Profitability
an operating margin of 281.3% make it more profitable than the average company (29.8%)
- Primetank (3) Limited
29.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Primetank (3) Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Primetank (3) Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £76.9k, this is less efficient (£189k)
- Primetank (3) Limited
£189k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (25 days)
- Primetank (3) Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (31 days)
- Primetank (3) Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Primetank (3) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Primetank (3) Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66%, this is a similar level of debt than the average (62.4%)
66% - Primetank (3) Limited
62.4% - Industry AVG
PRIMETANK (3) LIMITED financials
Primetank (3) Limited's latest turnover from June 2023 is estimated at £76.9 thousand and the company has net assets of £1.9 million. According to their latest financial statements, Primetank (3) Limited has 1 employee and maintains cash reserves of £100 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|
| Turnover | 0 | 0 | |
| Other Income Or Grants | 0 | 0 | |
| Cost Of Sales | 0 | 0 | |
| Gross Profit | 0 | 0 | |
| Admin Expenses | 0 | 0 | |
| Operating Profit | 0 | 0 | |
| Interest Payable | 0 | 0 | |
| Interest Receivable | 0 | 0 | |
| Pre-Tax Profit | 0 | 0 | |
| Tax | 0 | 0 | |
| Profit After Tax | 0 | 0 | |
| Dividends Paid | 0 | 0 | |
| Retained Profit | 0 | 0 | |
| Employee Costs | 0 | 0 | |
| Number Of Employees | 1 | 1 | 1 |
| EBITDA* | 0 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|
| Tangible Assets | 2,737 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 3,800,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 3,802,737 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 3,639 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 1,650,602 | 0 | 0 |
| Cash | 100 | 100 | 100 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 1,654,341 | 100 | 100 |
| total assets | 5,457,078 | 100 | 100 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 3,338 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 213,939 | 0 | 0 |
| total current liabilities | 217,277 | 0 | 0 |
| loans | 2,778,250 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 603,432 | 0 | 0 |
| total long term liabilities | 3,381,682 | 0 | 0 |
| total liabilities | 3,598,959 | 0 | 0 |
| net assets | 1,858,119 | 100 | 100 |
| total shareholders funds | 1,858,119 | 100 | 100 |
| Jun 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 0 | 0 | |
| Depreciation | 684 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | 0 | 0 | |
| Stock | 0 | 0 | 0 |
| Debtors | 1,654,241 | 0 | 0 |
| Creditors | 3,338 | 0 | 0 |
| Accruals and Deferred Income | 213,939 | 0 | 0 |
| Deferred Taxes & Provisions | 603,432 | 0 | 0 |
| Cash flow from operations | 0 | 0 | |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 3,800,000 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 2,778,250 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | 0 | 0 | |
| cash flow from financing | 0 | 100 | |
| cash and cash equivalents | |||
| cash | 0 | 0 | 100 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 100 |
primetank (3) limited Credit Report and Business Information
Primetank (3) Limited Competitor Analysis
Perform a competitor analysis for primetank (3) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N16 area or any other competitors across 12 key performance metrics.
primetank (3) limited Ownership
PRIMETANK (3) LIMITED group structure
Primetank (3) Limited has no subsidiary companies.
Ultimate parent company
PRIMETANK (3) LIMITED
12413868
primetank (3) limited directors
Primetank (3) Limited currently has 2 directors. The longest serving directors include Mr Moti Friedlander (Jan 2020) and Mr Moti Friedlander (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Moti Friedlander | United Kingdom | 44 years | Jan 2020 | - | Director |
| Mr Moti Friedlander | United Kingdom | 44 years | Jan 2020 | - | Director |
P&L
June 2023turnover
76.9k
0%
operating profit
216.4k
0%
gross margin
71.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.9m
+18580.19%
total assets
5.5m
+54569.78%
cash
100
0%
net assets
Total assets minus all liabilities
Similar Companies
primetank (3) limited company details
company number
12413868
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
January 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
GILBERT ALLAN & CO
auditor
-
address
24 stamford hill, london, N16 6XZ
Bank
-
Legal Advisor
-
primetank (3) 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 6 charges/mortgages relating to primetank (3) limited. Currently there are 6 open charges and 0 have been satisfied in the past.
primetank (3) 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 PRIMETANK (3) LIMITED. This can take several minutes, an email will notify you when this has completed.
primetank (3) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
