prime properties development ltd

1

prime properties development ltd Company Information

Share PRIME PROPERTIES DEVELOPMENT LTD
Live 
StartupMicro

Company Number

12833292

Website

-

Registered Address

11 elgar way, horsham, RH13 6RH

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Buying and selling of own real estate

 

Telephone

-

Next Accounts Due

May 2025

Group Structure

View All

Directors

Rojimon Varughese4 Years

Saju Abraham4 Years

Shareholders

saju abraham 50%

rojimon varughese 50%

prime properties development ltd Estimated Valuation

£50.3k

Pomanda estimates the enterprise value of PRIME PROPERTIES DEVELOPMENT LTD at £50.3k based on a Turnover of £25.5k and 1.97x industry multiple (adjusted for size and gross margin).

prime properties development ltd Estimated Valuation

£15.4k

Pomanda estimates the enterprise value of PRIME PROPERTIES DEVELOPMENT LTD at £15.4k based on an EBITDA of £3.4k and a 4.5x industry multiple (adjusted for size and gross margin).

prime properties development ltd Estimated Valuation

£80.3k

Pomanda estimates the enterprise value of PRIME PROPERTIES DEVELOPMENT LTD at £80.3k based on Net Assets of £53.3k and 1.51x industry multiple (adjusted for liquidity).

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Prime Properties Development Ltd Overview

Prime Properties Development Ltd is a live company located in horsham, RH13 6RH with a Companies House number of 12833292. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2020, it's largest shareholder is saju abraham with a 50% stake. Prime Properties Development Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £25.5k with unknown growth in recent years.

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Prime Properties Development Ltd Health Check

Pomanda's financial health check has awarded Prime Properties Development Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £25.5k, make it smaller than the average company (£845.9k)

£25.5k - Prime Properties Development Ltd

£845.9k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Prime Properties Development Ltd

- - Industry AVG

production

Production

with a gross margin of 28.6%, this company has a higher cost of product (71.4%)

28.6% - Prime Properties Development Ltd

71.4% - Industry AVG

profitability

Profitability

an operating margin of 13.4% make it less profitable than the average company (27.2%)

13.4% - Prime Properties Development Ltd

27.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Prime Properties Development Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)

£33.8k - Prime Properties Development Ltd

£33.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £25.5k, this is less efficient (£186.1k)

£25.5k - Prime Properties Development Ltd

£186.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 126 days, this is later than average (28 days)

126 days - Prime Properties Development Ltd

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 87 days, this is slower than average (33 days)

87 days - Prime Properties Development Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Prime Properties Development Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Prime Properties Development Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 91.9%, this is a higher level of debt than the average (66.2%)

91.9% - Prime Properties Development Ltd

66.2% - Industry AVG

PRIME PROPERTIES DEVELOPMENT LTD financials

EXPORTms excel logo

Prime Properties Development Ltd's latest turnover from August 2023 is £25.5 thousand and the company has net assets of £53.3 thousand. According to their latest financial statements, Prime Properties Development Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021
Turnover25,54310,85033,682
Other Income Or Grants000
Cost Of Sales18,2367,82724,731
Gross Profit7,3073,0238,951
Admin Expenses3,87910,914-63,403
Operating Profit3,428-7,89172,354
Interest Payable000
Interest Receivable000
Pre-Tax Profit2,571-7,89172,354
Tax00-13,747
Profit After Tax2,571-7,89158,607
Dividends Paid000
Retained Profit2,571-7,89158,607
Employee Costs33,82233,08431,552
Number Of Employees111
EBITDA*3,428-7,89172,354

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021
Tangible Assets648,000453,000225,000
Intangible Assets000
Investments & Other000
Debtors (Due After 1 year)000
Total Fixed Assets648,000453,000225,000
Stock & work in progress000
Trade Debtors8,8349633,605
Group Debtors000
Misc Debtors000
Cash000
misc current assets000
total current assets8,8349633,605
total assets656,834453,963228,605
Bank overdraft000
Bank loan000
Trade Creditors 4,36200
Group/Directors Accounts000
other short term finances000
hp & lease commitments000
other current liabilities000
total current liabilities4,36200
loans000
hp & lease commitments000
Accruals and Deferred Income01,3131,313
other liabilities599,185401,935168,685
provisions000
total long term liabilities599,185403,248169,998
total liabilities603,547403,248169,998
net assets53,28750,71558,607
total shareholders funds53,28750,71558,607
Aug 2023Aug 2022Aug 2021
Operating Activities
Operating Profit3,428-7,89172,354
Depreciation000
Amortisation000
Tax00-13,747
Stock000
Debtors7,871-2,6423,605
Creditors4,36200
Accruals and Deferred Income-1,31301,313
Deferred Taxes & Provisions000
Cash flow from operations-1,394-5,24956,315
Investing Activities
capital expenditure-195,000-228,000-225,000
Change in Investments000
cash flow from investments-195,000-228,000-225,000
Financing Activities
Bank loans000
Group/Directors Accounts000
Other Short Term Loans 000
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities197,250233,250168,685
share issue1-10
interest000
cash flow from financing197,251233,249168,685
cash and cash equivalents
cash000
overdraft000
change in cash000

prime properties development 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 properties development ltd. Get real-time insights into prime properties development ltd's credit score, group structure and payment trends.

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Prime Properties Development Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for prime properties development ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in RH13 area or any other competitors across 12 key performance metrics.

prime properties development ltd Ownership

PRIME PROPERTIES DEVELOPMENT LTD group structure

Prime Properties Development Ltd has no subsidiary companies.

Ultimate parent company

PRIME PROPERTIES DEVELOPMENT LTD

12833292

PRIME PROPERTIES DEVELOPMENT LTD Shareholders

saju abraham 50%
rojimon varughese 50%

prime properties development ltd directors

Prime Properties Development Ltd currently has 2 directors. The longest serving directors include Mr Rojimon Varughese (Aug 2020) and Mr Saju Abraham (Aug 2020).

officercountryagestartendrole
Mr Rojimon VarugheseEngland45 years Aug 2020- Director
Mr Saju AbrahamEngland52 years Aug 2020- Director

P&L

August 2023

turnover

25.5k

+135%

operating profit

3.4k

0%

gross margin

28.7%

+2.66%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2023

net assets

53.3k

+0.05%

total assets

656.8k

+0.45%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

prime properties development ltd company details

company number

12833292

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

68100 - Buying and selling of own real estate

incorporation date

August 2020

age

4

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2023

previous names

N/A

accountant

-

auditor

-

address

11 elgar way, horsham, RH13 6RH

Bank

-

Legal Advisor

-

prime properties development 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 found 4 charges/mortgages relating to prime properties development ltd. Currently there are 4 open charges and 0 have been satisfied in the past.

charges

prime properties development ltd Companies House Filings - See Documents

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