primestock meats Company Information
Company Number
NI639701
Website
-Registered Address
lissheffield house, lissheffield road, armagh, BT61 8QB
Industry
Support activities for animal production (other than farm animal boarding and care) n.e.c.
Telephone
02838891522
Next Accounts Due
2006 days late
Group Structure
View All
Shareholders
james hewitt 50%
michael mclernon 50%
primestock meats Estimated Valuation
Pomanda estimates the enterprise value of PRIMESTOCK MEATS at £261.6k based on a Turnover of £1.1m and 0.24x industry multiple (adjusted for size and gross margin).
primestock meats Estimated Valuation
Pomanda estimates the enterprise value of PRIMESTOCK MEATS at £327.5k based on an EBITDA of £88.6k and a 3.7x industry multiple (adjusted for size and gross margin).
primestock meats Estimated Valuation
Pomanda estimates the enterprise value of PRIMESTOCK MEATS at £14.7k based on Net Assets of £14.4k and 1.02x industry multiple (adjusted for liquidity).
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Primestock Meats Overview
Primestock Meats is a live company located in armagh, BT61 8QB with a Companies House number of NI639701. It operates in the support activities for animal production (other than farm animal boarding and care) n.e.c. sector, SIC Code 01629. Founded in July 2016, it's largest shareholder is james hewitt with a 50% stake. Primestock Meats is a young, small sized company, Pomanda has estimated its turnover at £1.1m with unknown growth in recent years.
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Primestock Meats Health Check
Pomanda's financial health check has awarded Primestock Meats a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.1m, make it larger than the average company (£465.6k)
- Primestock Meats
£465.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Primestock Meats
- - Industry AVG
Production
with a gross margin of 56.3%, this company has a comparable cost of product (56.3%)
- Primestock Meats
56.3% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (7.4%)
- Primestock Meats
7.4% - Industry AVG
Employees
with 9 employees, this is below the industry average (12)
9 - Primestock Meats
12 - Industry AVG
Pay Structure
on an average salary of £25.6k, the company has an equivalent pay structure (£25.6k)
- Primestock Meats
£25.6k - Industry AVG
Efficiency
resulting in sales per employee of £120.4k, this is more efficient (£69.1k)
- Primestock Meats
£69.1k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (40 days)
- Primestock Meats
40 days - Industry AVG
Creditor Days
its suppliers are paid after 168 days, this is slower than average (40 days)
- Primestock Meats
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Primestock Meats
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (78 weeks)
1 weeks - Primestock Meats
78 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (26.5%)
99.4% - Primestock Meats
26.5% - Industry AVG
primestock meats Credit Report and Business Information
Primestock Meats Competitor Analysis
Perform a competitor analysis for primestock meats by selecting its closest rivals and benchmarking them against 12 key performance metrics.
primestock meats Ownership
PRIMESTOCK MEATS group structure
Primestock Meats has no subsidiary companies.
Ultimate parent company
PRIMESTOCK MEATS
NI639701
primestock meats directors
Primestock Meats currently has 2 directors. The longest serving directors include Mr James Hewitt (Aug 2016) and Mr James Annett (Aug 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr James Hewitt | 68 years | Aug 2016 | - | Director | |
Mr James Annett | Northern Ireland | 51 years | Aug 2016 | - | Director |
PRIMESTOCK MEATS financials
Primestock Meats's latest turnover from December 2016 is estimated at £1.1 million and the company has net assets of £14.4 thousand. According to their latest financial statements, Primestock Meats has 9 employees and maintains cash reserves of £89.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2016 | |
---|---|
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 | 9 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2016 | |
---|---|
Tangible Assets | 862,019 |
Intangible Assets | 1,255,886 |
Investments & Other | 0 |
Debtors (Due After 1 year) | 0 |
Total Fixed Assets | 2,117,905 |
Stock & work in progress | 0 |
Trade Debtors | 176,868 |
Group Debtors | 0 |
Misc Debtors | 22,825 |
Cash | 89,417 |
misc current assets | 0 |
total current assets | 289,110 |
total assets | 2,407,015 |
Bank overdraft | 35,721 |
Bank loan | 0 |
Trade Creditors | 219,149 |
Group/Directors Accounts | 0 |
other short term finances | 0 |
hp & lease commitments | 0 |
other current liabilities | 2,137,735 |
total current liabilities | 2,392,605 |
loans | 0 |
hp & lease commitments | 0 |
Accruals and Deferred Income | 0 |
other liabilities | 0 |
provisions | 0 |
total long term liabilities | 0 |
total liabilities | 2,392,605 |
net assets | 14,410 |
total shareholders funds | 14,410 |
Dec 2016 | |
---|---|
Operating Activities | |
Operating Profit | |
Depreciation | 10,109 |
Amortisation | 59,453 |
Tax | |
Stock | 0 |
Debtors | 199,693 |
Creditors | 219,149 |
Accruals and Deferred Income | 2,137,735 |
Deferred Taxes & Provisions | 0 |
Cash flow from operations | |
Investing Activities | |
capital expenditure | |
Change in Investments | 0 |
cash flow from investments | |
Financing Activities | |
Bank loans | 0 |
Group/Directors Accounts | 0 |
Other Short Term Loans | 0 |
Long term loans | 0 |
Hire Purchase and Lease Commitments | 0 |
other long term liabilities | 0 |
share issue | |
interest | |
cash flow from financing | |
cash and cash equivalents | |
cash | 89,417 |
overdraft | 35,721 |
change in cash | 53,696 |
P&L
December 2016turnover
1.1m
0%
operating profit
19k
0%
gross margin
56.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
14.4k
0%
total assets
2.4m
0%
cash
89.4k
0%
net assets
Total assets minus all liabilities
primestock meats company details
company number
NI639701
Type
Private unlimited with Share Capital
industry
01629 - Support activities for animal production (other than farm animal boarding and care) n.e.c.
incorporation date
July 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
primestock meats ltd (March 2017)
incorporated
UK
address
lissheffield house, lissheffield road, armagh, BT61 8QB
last accounts submitted
December 2016
primestock meats 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 primestock meats.
primestock meats Companies House Filings - See Documents
date | description | view/download |
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