Prime Commercial Properties Management Limited
Registered name: PRIME COMMERCIAL PROPERTIES MANAGEMENT LIMITED
Part of Prime Commercial Properties Management (Holdings) Limited groupPrime Commercial Properties Management Limited made £241k revenue and £30.1k profit in the year to 31 Mar 2024.
Prime Commercial Properties Management Limited’s revenue fell 8% to £241k in the year to 31 Mar 2024, with £30.1k profit and 4 employees. The company is classified under “management of real estate on a fee or contract basis” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 28 yrs · since 1997
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £309k | £263k | £241k |
| Cost of sales | £54.9k | £56k | £32.1k |
| Gross profit | £254k | £207k | £209k |
| Profit before tax | −£235k | −£170k | £30.1k |
| Profit after tax | −£235k | −£170k | £30.1k |
| Profit (best available) | −£235k | −£170k | £30.1k |
| Employees (average) | 9 | 7 | 4 |
| Ratios | |||
| Profit margin | −76.1% | −64.6% | 12.5% |
| Gross margin | 82.3% | 78.7% | 86.7% |
| Revenue per employee | £34.3k | £37.5k | £60.4k |
| Profit per employee | −£26.1k | −£24.2k | £7.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▼15% | ▼8.1% |
| Headcount growth | — | ▼22.2% | ▼42.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.2m | £1.2m | £1.2m |
| Net assets | −£443k | −£613k | −£583k |
| Fixed assets | £12.8k | £10.2k | £8.6k |
| Current assets | £1.3m | £1.4m | £1.3m |
| Debtors | £19.8k | £27.5k | £60.1k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 12.5%
- Profit ÷ revenue.
- Gross margin
- 86.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £60.4k
- Revenue ÷ average employees.
- Profit per employee
- £7.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 24.9%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£583k
- Cash at bank
- ▼2%
- Now £1.2m
- Headcount
- ▼43%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- ▼16%
- Now £8.6k
Group structure
Ownership chain
- Prime Commercial Properties Management (Holdings) Limitedultimate parent75–100%
- Prime Commercial Properties Management Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Myway Property Management LtdLondon · Management of real estate on a fee or contract basis
- Revenue
- £239k
- Profit
- £192k
- Staff
- 3
- Sge Properties LimitedHornchurch · Management of real estate on a fee or contract basis
- Revenue
- £254k
- Profit
- £12.3k
- Staff
- 1
- Anthonium Blessings LtdEssex · Management of real estate on a fee or contract basis
- Revenue
- £229k
- Profit
- £3.9k
- Staff
- 0
- Brighton Homes LimitedChatham · Management of real estate on a fee or contract basis
- Revenue
- £228k
- Profit
- £29.1k
- Staff
- 2
- HPB Tenancies LimitedNewmarket · Management of real estate on a fee or contract basis
- Revenue
- £266k
- Profit
- £23.2k
- Staff
- —
- Nicholsons Lettings & Management (Filey) LtdFiley · Management of real estate on a fee or contract basis
- Revenue
- £219k
- Profit
- £4.6k
- Staff
- 4
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £30.1k), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.