PRIMER DESIGN LIMITED
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Cash
£586K
-62.4% lowest in 3 filed years
Net assets
£17M
-39.8% lowest in 3 filed years
Employees
20
-58.3% lowest in 3 filed years
Profit before tax
-£11M
+44.2% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £4,985,000 | £4,366,000 | £4,059,000 | -7% | |
| Operating profit | -£55,973,000 | -£29,922,000 | -£17,494,000 | +41.5% | |
| Profit before tax | -£48,310,000 | -£20,347,000 | -£11,355,000 | +44.2% | |
| Net profit | -£48,180,000 | -£20,356,000 | -£11,369,000 | +44.1% | |
| Cash | £8,165,000 | £1,559,000 | £586,000 | -62.4% | |
| Total assets less current liabilities | £49,706,000 | £28,999,000 | £17,228,000 | -40.6% | |
| Net assets | £48,921,000 | £28,565,000 | £17,196,000 | -39.8% | |
| Equity | £48,921,000 | £28,565,000 | £17,196,000 | -39.8% | |
| Average employees | 74 | 48 | 20 | -58.3% | |
| Wages | £3,751,000 | £2,136,000 | £1,156,000 | -45.9% | |
| Directors' remuneration | — | £0 | £0 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Return on capital employed | -112.6% | -103.2% | -101.5% | |
| Gearing (liabilities / total assets) | 14.4% | 4.2% | 4.7% | |
| Current ratio | 7.38x | 35.30x | 21.46x | |
| Interest cover | — | — | -9.35x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. 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
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “As the geopolitical environment evolves and global markets continue to struggle, Management continues to closely monitor the Middle East conflict and the impact it could have on the business from both a supplier and customer perspective. At present it has not had a material impact.”
- “Following the move to Manchester, 17 employees have been seconded from Yourgene Health UK Ltd (a fellow subsidiary company).”
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 140 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-31 | AA | accounts | Accounts with accounts type full | |
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.