prime tuition services limited
prime tuition services limited Company Information
Company Number
13789754
Website
-Registered Address
10-16 acre house acre lane, london, SW2 5SG
Industry
Other education n.e.c.
Educational support activities
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
zubair ikhlaq 40%
javed muhammad usman 30%
View Allprime tuition services limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME TUITION SERVICES LIMITED at £1.6m based on a Turnover of £2m and 0.77x industry multiple (adjusted for size and gross margin).
prime tuition services limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME TUITION SERVICES LIMITED at £739.8k based on an EBITDA of £189.2k and a 3.91x industry multiple (adjusted for size and gross margin).
prime tuition services limited Estimated Valuation
Pomanda estimates the enterprise value of PRIME TUITION SERVICES LIMITED at £467.7k based on Net Assets of £204.2k and 2.29x industry multiple (adjusted for liquidity).
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Prime Tuition Services Limited Overview
Prime Tuition Services Limited is a live company located in london, SW2 5SG with a Companies House number of 13789754. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in December 2021, it's largest shareholder is zubair ikhlaq with a 40% stake. Prime Tuition Services Limited is a startup, small sized company, Pomanda has estimated its turnover at £2m with unknown growth in recent years.
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Prime Tuition Services Limited Health Check
Pomanda's financial health check has awarded Prime Tuition Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 1 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
1 Weak
Size
annual sales of £2m, make it larger than the average company (£445.5k)
- Prime Tuition Services Limited
£445.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Prime Tuition Services Limited
- - Industry AVG
Production
with a gross margin of 63.2%, this company has a comparable cost of product (63.2%)
- Prime Tuition Services Limited
63.2% - Industry AVG
Profitability
an operating margin of 9.3% make it more profitable than the average company (4%)
- Prime Tuition Services Limited
4% - Industry AVG
Employees
with 44 employees, this is above the industry average (11)
44 - Prime Tuition Services Limited
11 - Industry AVG
Pay Structure
on an average salary of £29.6k, the company has an equivalent pay structure (£29.6k)
- Prime Tuition Services Limited
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £45.6k, this is equally as efficient (£53.6k)
- Prime Tuition Services Limited
£53.6k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (20 days)
- Prime Tuition Services Limited
20 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Prime Tuition Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Prime Tuition Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 97 weeks, this is average cash available to meet short term requirements (103 weeks)
97 weeks - Prime Tuition Services Limited
103 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.4%, this is a higher level of debt than the average (28.5%)
58.4% - Prime Tuition Services Limited
28.5% - Industry AVG
PRIME TUITION SERVICES LIMITED financials
Prime Tuition Services Limited's latest turnover from December 2023 is estimated at £2 million and the company has net assets of £204.2 thousand. According to their latest financial statements, Prime Tuition Services Limited has 44 employees and maintains cash reserves of £396.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | |
|---|---|---|
| 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 | 44 | 36 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | 14,165 | 8,504 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 14,165 | 8,504 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 80,280 | 18,366 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 396,199 | 121,816 |
| misc current assets | 0 | 0 |
| total current assets | 476,479 | 140,182 |
| total assets | 490,644 | 148,686 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 211,052 | 64,739 |
| total current liabilities | 211,052 | 64,739 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 75,406 | 28,984 |
| provisions | 0 | 0 |
| total long term liabilities | 75,406 | 28,984 |
| total liabilities | 286,458 | 93,723 |
| net assets | 204,186 | 54,963 |
| total shareholders funds | 204,186 | 54,963 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 3,205 | 1,893 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 61,914 | 18,366 |
| Creditors | 0 | 0 |
| Accruals and Deferred Income | 146,313 | 64,739 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 46,422 | 28,984 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 274,383 | 121,816 |
| overdraft | 0 | 0 |
| change in cash | 274,383 | 121,816 |
prime tuition services limited Credit Report and Business Information
Prime Tuition Services Limited Competitor Analysis
Perform a competitor analysis for prime tuition services limited by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in SW2 area or any other competitors across 12 key performance metrics.
prime tuition services limited Ownership
PRIME TUITION SERVICES LIMITED group structure
Prime Tuition Services Limited has no subsidiary companies.
Ultimate parent company
PRIME TUITION SERVICES LIMITED
13789754
prime tuition services limited directors
Prime Tuition Services Limited currently has 3 directors. The longest serving directors include Mr Zubair Ikhlaq (Dec 2021) and Mr Zahoor Ahmed (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Zubair Ikhlaq | United Kingdom | 35 years | Dec 2021 | - | Director |
| Mr Zahoor Ahmed | United Kingdom | 45 years | Jan 2023 | - | Director |
| Mr Muhammad Javed | United Kingdom | 37 years | Jan 2023 | - | Director |
P&L
December 2023turnover
2m
+56%
operating profit
186k
0%
gross margin
63.2%
+3.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
204.2k
+2.71%
total assets
490.6k
+2.3%
cash
396.2k
+2.25%
net assets
Total assets minus all liabilities
Similar Companies
prime tuition services limited company details
company number
13789754
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
85600 - Educational support activities
incorporation date
December 2021
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
10-16 acre house acre lane, london, SW2 5SG
Bank
-
Legal Advisor
-
prime tuition 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 tuition services limited.
prime tuition services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
