prime it services limited
prime it services limited Company Information
Company Number
13081190
Next Accounts
Sep 2025
Industry
Web portals
Computer consultancy activities
Directors
Shareholders
bhaskar sharma
Group Structure
View All
Contact
Registered Address
25 leeming road, borehamwood, WD6 4EB
Website
-prime it services limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME IT SERVICES LIMITED at £15.8k based on a Turnover of £23.7k and 0.67x industry multiple (adjusted for size and gross margin).
prime it services limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME IT SERVICES LIMITED at £0 based on an EBITDA of £-250 and a 3.82x industry multiple (adjusted for size and gross margin).
prime it services limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME IT SERVICES LIMITED at £0 based on Net Assets of £-400 and 2.36x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Prime It Services Limited Overview
Prime It Services Limited is a live company located in borehamwood, WD6 4EB with a Companies House number of 13081190. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in December 2020, it's largest shareholder is bhaskar sharma with a 100% stake. Prime It Services Limited is a startup, micro sized company, Pomanda has estimated its turnover at £23.7k with unknown growth in recent years.
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Prime It Services Limited Health Check
Pomanda's financial health check has awarded Prime It Services Limited 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
1 Strong
1 Regular
7 Weak
Size
annual sales of £23.7k, make it smaller than the average company (£4.2m)
- Prime It Services Limited
£4.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Prime It Services Limited
- - Industry AVG
Production
with a gross margin of 33.8%, this company has a higher cost of product (59%)
- Prime It Services Limited
59% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (4.4%)
- Prime It Services Limited
4.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (29)
1 - Prime It Services Limited
29 - Industry AVG
Pay Structure
on an average salary of £66.9k, the company has an equivalent pay structure (£66.9k)
- Prime It Services Limited
£66.9k - Industry AVG
Efficiency
resulting in sales per employee of £23.7k, this is less efficient (£140.1k)
- Prime It Services Limited
£140.1k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (51 days)
- Prime It Services Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (35 days)
- Prime It Services Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Prime It Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Prime It Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 500%, this is a higher level of debt than the average (60.1%)
500% - Prime It Services Limited
60.1% - Industry AVG
PRIME IT SERVICES LIMITED financials
Prime It Services Limited's latest turnover from December 2023 is estimated at £23.7 thousand and the company has net assets of -£400. According to their latest financial statements, Prime It Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| 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 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 10,000 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 10,000 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 100 | 100 | 100 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 100 | 100 | 100 |
| total assets | 100 | 100 | 10,100 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 500 | 250 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 500 | 250 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 500 | 250 | 0 |
| net assets | -400 | -150 | 10,100 |
| total shareholders funds | -400 | -150 | 10,100 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | |
| Amortisation | 0 | 0 | |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 0 | 0 | 100 |
| Creditors | 250 | 250 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 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 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
prime it services limited Credit Report and Business Information
Prime It Services Limited Competitor Analysis
Perform a competitor analysis for prime it services limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WD6 area or any other competitors across 12 key performance metrics.
prime it services limited Ownership
PRIME IT SERVICES LIMITED group structure
Prime It Services Limited has no subsidiary companies.
Ultimate parent company
PRIME IT SERVICES LIMITED
13081190
prime it services limited directors
Prime It Services Limited currently has 1 director, Mr Patanjali Sharma serving since Jan 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Patanjali Sharma | England | 55 years | Jan 2021 | - | Director |
P&L
December 2023turnover
23.7k
+6768%
operating profit
-250
0%
gross margin
33.9%
+2.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-400
+1.67%
total assets
100
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
prime it services limited company details
company number
13081190
Type
Private limited with Share Capital
industry
63120 - Web portals
62020 - Computer consultancy activities
62012 - Business and domestic software development
incorporation date
December 2020
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
25 leeming road, borehamwood, WD6 4EB
Bank
-
Legal Advisor
-
prime it services 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 it services limited.
prime it services 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.
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prime it services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
