PRIME PLC

1. PRIME PLC 2001-03-30 → present
2. PRIME (UK) LIMITED 2001-02-07 → 2001-03-30
3. PRIME (UK) HOLDINGS LIMITED 1997-09-10 → 2001-02-07

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors are satisfied that it is appropriate to prepare the financial statements for the Company and Group on a going concern basis. We continue to appraise a range of scenarios to demonstrate the financial resilience of the Company and Group, applying downside sensitivities to the base case cash flow projections. Starting with existing available cash balances, allowing for sensitivities and potential mitigating actions, the Board remains satisfied that the Company and Group are able to continue to operate well within their available resources for a period of at least twelve months from the approval of these financial statements. We have long-term experience and understanding of the market in which we operate and a strong track record. Our forecasts for the coming year are based on income from projects on-site under construction or in the final stages of development and expected to achieve financial close within the review period and from the delivery of managed services agreements (MSA). In reviewing these forecasts and the assumptions made in preparing them, the market outlook, the Group’s strategy and the principal risks and uncertainties; the Board considers it appropriate that the financial statements are prepared on a going concern basis.”

Group structure

1. PRIME PLC · parent
   1. Prime Operations Limited 100% · UK · Holding company
   2. Prime (UK) Investments Limited 100% · UK · Holding company
   3. Prime Company Secretarial Services Limited 100% · UK · Dormant
   4. Prime (UK) Developments Limited 100% · UK · Property development
   5. Prime Infrastructure Management Services Limited 100% · UK · Project Management
   6. Prime Adanac Investment Limited 100% · UK · Property investment

Significant events

• “Prime were also appointed as commercial development partner for another NHS organisation during the year which again will provide potential for a number of future projects.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -15.2%

  £51,185,954 → £43,404,546

• Cash

  -61.8%

  £11,077,965 → £4,227,588

• Net assets

  +15.9%

  £8,174,121 → £9,477,268

• Employees

  -3.7%

  54 → 52

• Operating profit

  -50.3%

  £3,448,023 → £1,712,946

• Profit before tax

  -52.7%

  £3,881,913 → £1,835,453

• Wages

  -18.9%

  £4,913,175 → £3,984,247

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers