Prime Sourcing International LLP
Registered name: PRIME SOURCING INTERNATIONAL LLP
Prime Sourcing International LLP made £62.4k revenue and £53.5k profit in the year to 31 May 2024.
Prime Sourcing International LLP’s revenue grew 23% to £62.4k in the year to 31 May 2024, with £53.5k profit and 0 employees. The company is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2023 | 31 May 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £50.6k | £62.4k |
| Cost of sales | £9.5k | £4.6k |
| Gross profit | £41.1k | £57.8k |
| Operating profit | −£6.5k | £53.5k |
| Profit before tax | −£6.5k | £53.5k |
| Profit after tax | −£6.5k | £53.5k |
| Profit (best available) | −£6.5k | £53.5k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −12.8% | 85.8% |
| Gross margin | 81.2% | 92.6% |
| Growth (year on year) | ||
| Revenue growth | — | ▲23.2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £79.6k | £44.3k |
| Net assets | £79.6k | £44.3k |
| Fixed assets | £0 | £0 |
| Current assets | £79.6k | £44.3k |
| Debtors | £0 | — |
| Source | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2025 |
How the business works
- Profit margin
- 85.8%
- Profit ÷ revenue.
- Gross margin
- 92.6%
- 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
- 0%
- 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
- ▼44%
- Now £44.3k
- Cash at bank
- ▼44%
- Now £44.3k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 May 2024 (profit £53.5k), from the Companies House accounts bulk data published Mar 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.