Pomanda estimates the enterprise value of PRIME TIME DEVELOPMENTS LTD at £5k based on a Turnover of £12.8k and 0.39x industry multiple (adjusted for size and gross margin).
prime time developments ltdEstimated Valuation
£8.4k
Pomanda estimates the enterprise value of PRIME TIME DEVELOPMENTS LTD at £8.4k based on an EBITDA of £2.5k and a 3.36x industry multiple (adjusted for size and gross margin).
prime time developments ltdEstimated Valuation
£56.4k
Pomanda estimates the enterprise value of PRIME TIME DEVELOPMENTS LTD at £56.4k based on Net Assets of £33.7k and 1.67x industry multiple (adjusted for liquidity).
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Prime Time Developments LtdOverview
Prime Time Developments Ltd is a live company located in oldham, OL1 2PD with a Companies House number of 14030863. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2022, it's largest shareholder is
david johnson
with a 100% stake. Prime Time Developments Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£12.8k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Prime Time Developments Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
2 Regular
5 Weak
Size
annual sales of £12.8k, make it smaller than the average company (£976.3k)
£12.8k - Prime Time Developments Ltd
£976.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Prime Time Developments Ltd
- - Industry AVG
Production
with a gross margin of 23.8%, this company has a comparable cost of product (23.8%)
23.8% - Prime Time Developments Ltd
23.8% - Industry AVG
Profitability
an operating margin of 19.5% make it more profitable than the average company (5.8%)
19.5% - Prime Time Developments Ltd
5.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Prime Time Developments Ltd
4 - Industry AVG
Pay Structure
on an average salary of £42.7k, the company has an equivalent pay structure (£42.7k)
£42.7k - Prime Time Developments Ltd
£42.7k - Industry AVG
Efficiency
resulting in sales per employee of £12.8k, this is less efficient (£193.6k)
£12.8k - Prime Time Developments Ltd
£193.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Prime Time Developments Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Prime Time Developments Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 273 days, this is more than average (160 days)
273 days - Prime Time Developments Ltd
160 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 12 weeks, this is less cash available to meet short term requirements (15 weeks)
12 weeks - Prime Time Developments Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21%, this is a lower level of debt than the average (71.9%)
21% - Prime Time Developments Ltd
71.9% - Industry AVG
PRIME TIME DEVELOPMENTS LTD financials
EXPORT
Prime Time Developments Ltd's latest turnover from April 2024 is estimated at £12.8 thousand and the company has net assets of £33.7 thousand. According to their latest financial statements, we estimate that Prime Time Developments Ltd has 1 employee and maintains cash reserves of £2.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Turnover
12,765
Other Income Or Grants
Cost Of Sales
9,723
Gross Profit
3,042
Admin Expenses
550
-41,391
Operating Profit
2,492
41,391
Interest Payable
Interest Receivable
504
361
Pre-Tax Profit
2,996
41,752
Tax
-749
-10,438
Profit After Tax
2,247
31,314
Dividends Paid
Retained Profit
2,247
31,314
Employee Costs
42,700
Number Of Employees
1
EBITDA*
2,492
41,391
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
7,290
Trade Debtors
Group Debtors
Misc Debtors
33,143
23,508
Cash
2,192
17,008
misc current assets
total current assets
42,625
40,516
total assets
42,625
40,516
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
192
857
other short term finances
hp & lease commitments
other current liabilities
8,772
8,245
total current liabilities
8,964
9,102
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
8,964
9,102
net assets
33,661
31,414
total shareholders funds
33,661
31,414
Apr 2024
Apr 2023
Operating Activities
Operating Profit
2,492
41,391
Depreciation
Amortisation
Tax
-749
-10,438
Stock
7,290
Debtors
9,635
23,508
Creditors
Accruals and Deferred Income
527
8,245
Deferred Taxes & Provisions
Cash flow from operations
-14,655
15,690
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-665
857
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
504
361
cash flow from financing
-161
1,318
cash and cash equivalents
cash
-14,816
17,008
overdraft
change in cash
-14,816
17,008
prime time developments 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 time developments ltd. Get real-time insights into prime time developments ltd's credit score, group structure and payment trends.
Perform a competitor analysis for prime time developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in OL1 area or any other competitors across 12 key performance metrics.
prime time developments ltd Ownership
PRIME TIME DEVELOPMENTS LTD group structure
Prime Time Developments Ltd has no subsidiary companies.
Ultimate parent company
PRIME TIME DEVELOPMENTS LTD
14030863
PRIME TIME DEVELOPMENTS LTD Shareholders
The sole shareholder of Prime Time Developments Ltd is David Johnson.
david johnson
100%
prime time developments ltd directors
Prime Time Developments Ltd currently has 1 director, Mr David Johnson serving since Apr 2022.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024
net assets
33.7k
+0.07%
total assets
42.6k
+0.05%
cash
2.2k
-0.87%
net assets
Total assets minus all liabilities
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prime time developments ltd company details
company number
14030863
Type
Private limited with Share Capital
industry
41100 - Development of building projects
43390 - Other building completion and finishing
41202 - Construction of domestic buildings
incorporation date
April 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
BRIAN GUMBLEY ACCOUNTANCY SERVICES LTD
auditor
-
address
16 sheepfoot lane, oldham, OL1 2PD
Bank
-
Legal Advisor
-
prime time developments 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 did not find charges/mortgages relating to prime time developments ltd.
prime time developments ltd 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 time developments ltdCompanies House Filings - See Documents
