PRIMER DESIGN LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-13 (in 4mo)
Last made up 2025-08-30
Watchouts
None on the register
Cash
£2M
-80.9% vs 2023
Net assets
£29M
-41.6% vs 2023
Employees
48
-35.1% vs 2023
Profit before tax
-£20M
+57.9% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £4,985,000 | £4,366,000 | |
| Operating profit | -£55,973,000 | -£29,062,000 | |
| Profit before tax | -£48,310,000 | -£20,347,000 | |
| Net profit | -£48,180,000 | -£20,356,000 | |
| Cash | £8,165,000 | £1,559,000 | |
| Total assets less current liabilities | £49,706,000 | £28,999,000 | |
| Net assets | £48,921,000 | £28,565,000 | |
| Equity | £48,921,000 | £28,565,000 | |
| Average employees | 74 | 48 | |
| Wages | £3,751,000 | £2,136,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -1122.8% | -665.6% | |
| Net margin | -966.5% | -466.2% | |
| Return on capital employed | -112.6% | -100.2% | |
| Gearing (liabilities / total assets) | 14.4% | 4.2% | |
| Current ratio | 7.38x | 35.30x | |
| Interest cover | -159.47x | -1709.53x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Constantin
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have, at the time of approving the financial statements, a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements after having taken into account the available information they have for the future, and especially the cash forecast prepared for the next 12 months.”
Significant events
- “The company has relocated to the group's Manchester site where the group is consolidating its activities with minimal financial impact.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GIBSON, Steven Michael | Director | 2023-09-20 | Sep 1982 | British |
| REES, Lyn Dafydd | Director | 2025-04-30 | Mar 1973 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DYER, Anthony William | Secretary | 2017-11-01 | 2021-04-01 |
| MCCARTHY, James Martin | Secretary | 2021-10-15 | 2025-04-29 |
| PLUMMER, Nicholas Roger Clive | Secretary | 2021-04-01 | 2021-10-15 |
| POWELL, Chantal | Secretary | 2004-09-10 | 2016-05-13 |
| ALLMOND, David James | Director | 2021-10-18 | 2022-11-10 |
| ALLMOND, David James | Director | 2021-10-18 | 2022-11-10 |
| BROWN, Tom, Professor | Director | 2005-06-30 | 2016-05-13 |
| DYER, Anthony William | Director | 2016-05-13 | 2021-01-05 |
| GLASBEY, Joanne Louise | Director | 2012-10-19 | 2016-05-13 |
| HINGLEY, Christopher Geoffrey | Director | 2012-04-01 | 2015-09-07 |
| MCCARTHY, James Martin | Director | 2021-01-05 | 2025-04-29 |
| MULLIS, Graham David | Director | 2016-05-13 | 2021-10-18 |
| POWELL, Robert Michael, Dr | Director | 2004-09-10 | 2018-02-01 |
| RAJENDRAN-PILLAI, Anoop | Director | 2014-08-01 | 2016-05-13 |
| WICKS, James, Dr | Director | 2007-02-27 | 2018-02-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Novacyt | Corporate entity | Shares 75–100% | 2016-05-12 | Active |
Filing timeline
Last 20 of 139 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-18 | AA | accounts | Accounts with accounts type full | |
| 2025-07-10 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2025-06-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-26 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-06 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-04 | CH01 | officers | Change person director company with change date | |
| 2024-08-28 | AA | accounts | Accounts with accounts type full | |
| 2023-09-20 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-15 | AA | accounts | Accounts with accounts type full | |
| 2022-11-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-11-11 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-10 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-23 | AA | accounts | Accounts with accounts type full | |
| 2022-01-04 | RP04AP01 | officers | Second filing of director appointment with name |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-12.4%
£4,985,000 £4,366,000
-
Cash
-80.9%
£8,165,000 £1,559,000
-
Net assets
-41.6%
£48,921,000 £28,565,000
-
Employees
-35.1%
74 48
-
Operating profit
+48.1%
-£55,973,000 -£29,062,000
-
Profit before tax
+57.9%
-£48,310,000 -£20,347,000
-
Wages
-43.1%
£3,751,000 £2,136,000
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