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Company No. 02938378 · Incorporated 13 Jun 1994

Primetower Properties Limited

Registered name: PRIMETOWER PROPERTIES LIMITED

Primetower Properties Limited made £629k revenue and a £964k loss in the year to 28 Feb 2025.

Primetower Properties Limited’s revenue fell 85% to £629k in the year to 28 Feb 2025, with a loss of £964k and 8 employees. The company is classified under “development of building projects” and is based in Poole; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects
Status
Active
Location
Poole, South West
Age
32 yrs · since 1994
Type
Private Limited Company
Latest accounts · year to 28 Feb 2025

Key figures

IndependentSmall team
Revenue
£629k
Growth ▼85.1%
Profit
−£964k
Growth ▼633.5%
Profit margin
−153.3%
Gross −45%
Employees
8
Change 0%
Profit / employee
−£121k
Revenue/employee £78.6k
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 202329 Feb 202428 Feb 2025
DisclosureNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£4.2m£629k
Cost of sales—£3.2m£912k
Gross profit—£1.1m−£283k
Operating profit—£444k−£978k
Profit before tax—£181k−£964k
Profit after tax—£181k−£964k
Profit (best available)—£181k−£964k
Staff costs—£420k£557k
Employees (average)888
Ratios
Profit margin—4.3%−153.3%
Gross margin—24.9%−45%
Revenue per employee—£527k£78.6k
Profit per employee—£22.6k−£121k
Growth (year on year)
Revenue growth——▼85.1%
Profit growth——▼633.5%
Headcount growth—0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£0£31.3k£173k
Net assets£4.4m£4.5m£3.6m
Fixed assets£139k£128k£116k
Current assets£7.7m£6.4m£5.1m
Debtors£172k£275k£1.3k
SourceFullAccounts · bulk data Nov 2024FullAccounts · bulk data Nov 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
−153.3%
Profit ÷ revenue.
Gross margin
−45%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£78.6k
Revenue ÷ average employees.
Profit per employee
−£121k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
18.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.2%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▼21%
Now £3.6m
Cash at bank
▲453%
Now £173k
Headcount
0%
Now 8
Deferred income
—
Now —
Fixed assets
▼9%
Now £116k
Corporate ownership

Group structure

Subsidiaries (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit −£964k), from the Companies House accounts bulk data published Nov 2025. 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.