Prime & Modern Limited
Registered name: PRIME & MODERN LIMITED
Part of Hgcapital LLP groupPrime & Modern Limited made £392k profit in the year to 30 Apr 2023 (revenue not disclosed).
Prime & Modern Limited reported £392k profit in the year to 30 Apr 2023, down 7% on the year before; its revenue was not disclosed. It had 0 employees. The company is classified under “other information technology service activities” and is based in Shoreham-by-Sea; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Shoreham-by-Sea, South East
- Age
- 13 yrs · since 2013
- 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
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 |
|---|---|---|
| Disclosure | Profit only | Profit only |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Profit after tax | £422k | £392k |
| Profit (best available) | £422k | £392k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | — | — |
| Growth (year on year) | ||
| Profit growth | — | ▼7.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £363k | £490k |
| Net assets | £548k | £364k |
| Fixed assets | £6.7m | £5.5m |
| Current assets | £1.4m | £1.8m |
| Debtors | £784k | £963k |
| Deferred income | £582k | £788k |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼33%
- Now £364k
- Cash at bank
- ▲35%
- Now £490k
- Headcount
- —
- Now 0
- Deferred income
- ▲36%
- Now £788k
- Fixed assets
- ▼18%
- Now £5.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Hgcapital LLPultimate parent75–100%
- HG Genesis 10 Nominees Limited75–100%
- Fern Holdco Limited75–100%
- Fern Midco Limited75–100%
- Fern Bidco Limited75–100%
- Eclipse (Midco 1) Limited75–100%
- Eclipse (Midco 2) Limited75–100%
- Focus Group Trading Limited75–100%
- Focus 4 U Ltd.75–100%
- Prime & Modern Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Quintech Holdings LimitedFigures not disclosed
- Solution Support LimitedFigures not disclosed
- TNSC LtdRev. — · Profit £834k
Sister companies (43)
- Communications Plus LtdRev. £8.2m · Profit −£1.1m
- &Partners IT LtdFigures not disclosed
- Boxx Communications LtdFigures not disclosed
- Cellular Solutions and Services LimitedFigures not disclosed
- Cellular Solutions Network Services LimitedFigures not disclosed
- Chalkline Group LimitedFigures not disclosed
- Cloud Voice and Data LtdFigures not disclosed
- Datasharp UK LimitedFigures not disclosed
- Entropie LimitedRev. — · Profit £79.8k
- Evad Holdings LimitedFigures not disclosed
- Evad Think Unified LimitedFigures not disclosed
- Focus Hut LimitedFigures not disclosed
- GB Technologies Holdings LtdFigures not disclosed
- GB Technologies LtdFigures not disclosed
- GLG Telecom LimitedFigures not disclosed
- H N T Bidco LimitedFigures not disclosed
- Hawk Telecom LimitedFigures not disclosed
- Highland Network LimitedFigures not disclosed
- Incom Business Systems LimitedFigures not disclosed
- Incom-CNS Group LimitedFigures not disclosed
- Infosec Cloud LtdFigures not disclosed
- Ipinnacle LtdFigures not disclosed
- JS2 Investments LimitedFigures not disclosed
- Lightyear Software Consulting LtdLiquidationFigures not disclosed
- Lombardi Bidco LimitedFigures not disclosed
- Lowmoor Road LimitedFigures not disclosed
- Matrix Platinum LtdFigures not disclosed
- Midland Telecommunications Management LimitedFigures not disclosed
- On Line Systems (Maintenance) LimitedFigures not disclosed
- On Line Systems (Northern) LimitedFigures not disclosed
- Prism Business Developments LimitedFigures not disclosed
- Purfield Solutions LimitedFigures not disclosed
- Resource Network Solutions LimitedFigures not disclosed
- RPM Business Communications LimitedFigures not disclosed
- South West Communications Group Holdings LimitedFigures not disclosed
- South West Communications Group LimitedFigures not disclosed
- STL Communications LimitedFigures not disclosed
- SWC Cloud Services LimitedFigures not disclosed
- Swcomms - Energy LimitedFigures not disclosed
- Taurus Clearer Communication LimitedFigures not disclosed
- Tmac Wireless LtdLiquidationFigures not disclosed
- Touch Bidco LimitedFigures not disclosed
- Voice Connect LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 30 Apr 2023 (profit £392k), from the Companies House accounts bulk data published Feb 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.