district estates limited(the)
district estates limited(the) Company Information
Company Number
00147111
Next Accounts
Dec 2025
Shareholders
michael quentin smye & richard simcox & fay victoria norman & katherine amanda konsta
henrietta louise williams
View AllGroup Structure
View All
Industry
Buying and selling of own real estate
+1Registered Address
2 friarsgate, grosvenor street, chester, cheshire, CH1 1XG
Website
www.lakedistrictestates.comdistrict estates limited(the) Estimated Valuation
Pomanda estimates the enterprise value of DISTRICT ESTATES LIMITED(THE) at £35.4m based on a Turnover of £8.6m and 4.13x industry multiple (adjusted for size and gross margin).
district estates limited(the) Estimated Valuation
Pomanda estimates the enterprise value of DISTRICT ESTATES LIMITED(THE) at £57.6m based on an EBITDA of £6.8m and a 8.51x industry multiple (adjusted for size and gross margin).
district estates limited(the) Estimated Valuation
Pomanda estimates the enterprise value of DISTRICT ESTATES LIMITED(THE) at £152m based on Net Assets of £90.3m and 1.68x industry multiple (adjusted for liquidity).
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District Estates Limited(the) Overview
District Estates Limited(the) is a live company located in chester, CH1 1XG with a Companies House number of 00147111. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 1917, it's largest shareholder is michael quentin smye & richard simcox & fay victoria norman & katherine amanda konsta with a 21.7% stake. District Estates Limited(the) is a mature, mid sized company, Pomanda has estimated its turnover at £8.6m with healthy growth in recent years.
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District Estates Limited(the) Health Check
Pomanda's financial health check has awarded District Estates Limited(The) a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
2 Weak
Size
annual sales of £8.6m, make it larger than the average company (£873.4k)
£8.6m - District Estates Limited(the)
£873.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (4%)
5% - District Estates Limited(the)
4% - Industry AVG
Production
with a gross margin of 85.2%, this company has a comparable cost of product (71.5%)
85.2% - District Estates Limited(the)
71.5% - Industry AVG
Profitability
an operating margin of 79.1% make it more profitable than the average company (28.2%)
79.1% - District Estates Limited(the)
28.2% - Industry AVG
Employees
with 6 employees, this is above the industry average (4)
6 - District Estates Limited(the)
4 - Industry AVG
Pay Structure
on an average salary of £45k, the company has a higher pay structure (£35.4k)
£45k - District Estates Limited(the)
£35.4k - Industry AVG
Efficiency
resulting in sales per employee of £1.4m, this is more efficient (£189k)
£1.4m - District Estates Limited(the)
£189k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (28 days)
80 days - District Estates Limited(the)
28 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - District Estates Limited(the)
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - District Estates Limited(the)
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is more cash available to meet short term requirements (10 weeks)
12 weeks - District Estates Limited(the)
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.9%, this is a lower level of debt than the average (63.2%)
28.9% - District Estates Limited(the)
63.2% - Industry AVG
DISTRICT ESTATES LIMITED(THE) financials
District Estates Limited(The)'s latest turnover from March 2024 is £8.6 million and the company has net assets of £90.3 million. According to their latest financial statements, District Estates Limited(The) has 6 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,569,550 | 8,430,510 | 8,083,626 | 7,415,813 | 7,439,098 | 7,045,686 | 6,916,868 | 6,482,152 | 6,868,030 | 7,178,562 | 7,231,888 | 10,093,594 | 7,204,748 | 7,206,168 | 8,478,953 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 1,267,190 | 802,173 | 939,602 | 881,656 | 1,007,174 | 815,623 | 747,460 | 1,080,026 | 832,811 | 970,602 | 477,542 | 2,865,848 | 505,128 | 199,710 | 1,251,666 |
| Gross Profit | 7,302,360 | 7,628,337 | 7,144,024 | 6,534,157 | 6,431,924 | 6,230,063 | 6,169,408 | 5,402,126 | 6,035,219 | 6,207,960 | 6,754,346 | 7,227,746 | 6,699,620 | 7,006,458 | 7,227,287 |
| Admin Expenses | 528,456 | 165,229 | 478,930 | 548,987 | 359,945 | 201,459 | -331,281 | 120,567 | -327,526 | 172,894 | 1,008,265 | 957,194 | 984,218 | 1,123,332 | 1,109,784 |
| Operating Profit | 6,773,904 | 7,463,108 | 6,665,094 | 5,985,170 | 6,071,979 | 6,028,604 | 6,500,689 | 5,281,559 | 6,362,745 | 6,035,066 | 5,746,081 | 6,270,552 | 5,715,402 | 5,883,126 | 6,117,503 |
| Interest Payable | 1,374,012 | 1,065,348 | 539,243 | 477,886 | 575,814 | 722,645 | 670,608 | 675,552 | 985,279 | 5,440 | 1,356,030 | 1,420,405 | 1,389,198 | 1,583,694 | 1,559,781 |
| Interest Receivable | 21,882 | 8,407 | 1,603 | 7,699 | 3,824 | 4,680 | 3,041 | 2,150 | 2,034 | 5,440 | 86,100 | 2,109 | 89,102 | 101,229 | 92,063 |
| Pre-Tax Profit | 8,603,910 | 4,063,758 | 11,749,059 | 7,944,871 | 3,000,992 | 7,768,653 | 9,048,531 | 6,452,961 | 5,407,065 | 9,306,814 | 4,476,729 | 4,933,256 | 4,415,306 | 4,381,661 | 4,577,910 |
| Tax | -2,276,546 | -556,902 | -2,930,826 | -1,215,687 | -702,216 | -1,505,343 | -1,162,659 | -1,019,407 | -803,823 | -1,327,310 | -921,376 | -1,130,840 | -1,041,416 | -1,107,472 | -1,238,907 |
| Profit After Tax | 6,327,364 | 3,506,856 | 8,818,233 | 6,729,184 | 2,298,776 | 6,263,310 | 7,885,872 | 5,433,554 | 4,603,242 | 7,979,504 | 3,555,353 | 3,802,416 | 3,373,890 | 3,274,189 | 3,339,003 |
| Dividends Paid | 2,800,000 | 2,800,000 | 2,625,000 | 2,450,000 | 2,450,000 | 2,450,000 | 2,275,000 | 2,275,000 | 2,275,000 | 2,100,000 | 2,275,000 | 2,100,000 | 2,100,000 | 2,100,000 | 2,100,000 |
| Retained Profit | 3,527,364 | 706,856 | 6,193,233 | 4,279,184 | -151,224 | 3,813,310 | 5,610,872 | 3,158,554 | 2,328,242 | 5,879,504 | 1,280,353 | 1,702,416 | 1,273,890 | 1,174,189 | 1,239,003 |
| Employee Costs | 270,000 | 264,000 | 240,000 | 245,043 | 817,655 | 745,690 | 734,701 | 720,601 | 641,919 | ||||||
| Number Of Employees | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 10 | 10 | 10 | 10 | 10 | |
| EBITDA* | 6,773,904 | 7,463,108 | 6,665,094 | 5,985,170 | 6,071,979 | 6,028,604 | 6,500,689 | 5,281,559 | 6,362,745 | 6,035,066 | 5,772,871 | 6,298,724 | 5,747,587 | 5,911,624 | 6,150,969 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 85,509,250 | 96,364 | 79,648,771 | 79,492,761 | 77,033,596 | 84,043,121 | |||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 122,157,560 | 117,305,310 | 120,908,810 | 110,456,060 | 104,148,310 | 103,875,560 | 97,724,560 | 89,556,560 | 89,060,810 | 8,310 | 78,553,650 | 253,840 | 97,680 | 61,200 | |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 122,157,560 | 117,305,310 | 120,908,810 | 110,456,060 | 104,148,310 | 103,875,560 | 97,724,560 | 89,556,560 | 89,060,810 | 85,517,560 | 78,650,014 | 79,648,771 | 79,746,601 | 77,131,276 | 84,104,321 |
| Stock & work in progress | 2,333,661 | 2,333,661 | 2,333,661 | ||||||||||||
| Trade Debtors | 1,894,804 | 437,978 | 765,679 | 1,872,931 | 1,950,081 | 927,045 | 830,498 | 550,912 | 719,919 | 713,504 | 1,552,317 | 1,377,260 | 1,081,635 | 1,505,066 | 1,435,276 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,013,990 | 1,865,247 | 1,288,610 | 754,411 | 541,667 | 267,477 | 338,800 | 373,299 | 382,211 | 324,530 | 485,328 | 25,487 | 459,108 | 123 | |
| Cash | 1,054,516 | 2,075,887 | 1,572,150 | 1,151,381 | 454,364 | 1,248,367 | 1,251,550 | 1,984,032 | 842,915 | 1,234,961 | 629,203 | 2,181,807 | 1,881,558 | 1,374,668 | 1,369,826 |
| misc current assets | |||||||||||||||
| total current assets | 4,963,310 | 4,379,112 | 3,626,439 | 3,778,723 | 2,946,112 | 2,442,889 | 2,420,848 | 2,908,243 | 1,945,045 | 2,272,995 | 2,666,848 | 3,559,067 | 5,322,341 | 5,672,503 | 5,138,886 |
| total assets | 127,120,870 | 121,684,422 | 124,535,249 | 114,234,783 | 107,094,422 | 106,318,449 | 100,145,408 | 92,464,803 | 91,005,855 | 87,790,555 | 81,316,862 | 83,207,838 | 85,068,942 | 82,803,779 | 89,243,207 |
| Bank overdraft | |||||||||||||||
| Bank loan | 27,705,439 | 22,872,055 | 24,100,000 | ||||||||||||
| Trade Creditors | 39,600 | 39,600 | 2,383 | 37,676 | 3,948 | 1,217 | 40,825 | ||||||||
| Group/Directors Accounts | 504,927 | 354,929 | 254,929 | 161,157 | 183,610 | 187,662 | 181,605 | 198,788 | 218,953 | 252,419 | |||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 3,972,319 | 3,093,318 | 3,147,802 | 3,070,987 | 2,686,287 | 2,954,994 | 2,886,705 | 2,828,053 | 2,349,586 | 2,513,960 | 3,207,584 | 3,002,916 | 3,064,472 | 2,970,074 | 3,378,038 |
| total current liabilities | 4,477,246 | 3,448,247 | 3,402,731 | 3,232,144 | 30,575,336 | 3,142,656 | 3,107,910 | 3,066,441 | 2,568,539 | 25,638,434 | 3,209,967 | 3,040,592 | 3,068,420 | 2,971,291 | 27,518,863 |
| loans | 28,511,719 | 28,363,481 | 32,015,244 | 29,986,508 | 26,180,466 | 24,444,466 | 22,208,666 | 24,372,466 | 21,442,055 | 24,162,055 | 25,882,055 | 24,902,055 | |||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 449,948 | 637,460 | 1,015,111 | ||||||||||||
| provisions | 3,797,449 | 2,841,164 | 3,271,217 | 1,456,140 | 1,238,279 | 1,563,296 | 974,311 | 731,899 | 578,095 | 615,957 | 980,172 | 1,051,795 | 1,068,474 | 1,092,936 | 1,133,797 |
| total long term liabilities | 32,309,168 | 31,204,645 | 35,286,461 | 31,442,648 | 1,238,279 | 27,743,762 | 25,418,777 | 23,390,513 | 25,588,021 | 1,631,068 | 22,422,227 | 25,272,370 | 26,950,529 | 25,994,991 | 1,133,797 |
| total liabilities | 36,786,414 | 34,652,892 | 38,689,192 | 34,674,792 | 31,813,615 | 30,886,418 | 28,526,687 | 26,456,954 | 28,156,560 | 27,269,502 | 25,632,194 | 28,312,962 | 30,018,949 | 28,966,282 | 28,652,660 |
| net assets | 90,334,456 | 87,031,530 | 85,846,057 | 79,559,991 | 75,280,807 | 75,432,031 | 71,618,721 | 66,007,849 | 62,849,295 | 60,521,053 | 55,684,668 | 54,894,876 | 55,049,993 | 53,837,497 | 60,590,547 |
| total shareholders funds | 90,334,456 | 87,031,530 | 85,846,057 | 79,559,991 | 75,280,807 | 75,432,031 | 71,618,721 | 66,007,849 | 62,849,295 | 60,521,053 | 55,684,668 | 54,894,876 | 55,049,993 | 53,837,497 | 60,590,547 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 6,773,904 | 7,463,108 | 6,665,094 | 5,985,170 | 6,071,979 | 6,028,604 | 6,500,689 | 5,281,559 | 6,362,745 | 6,035,066 | 5,746,081 | 6,270,552 | 5,715,402 | 5,883,126 | 6,117,503 |
| Depreciation | 26,790 | 28,172 | 32,185 | 28,498 | 33,466 | ||||||||||
| Amortisation | |||||||||||||||
| Tax | -2,276,546 | -556,902 | -2,930,826 | -1,215,687 | -702,216 | -1,505,343 | -1,162,659 | -1,019,407 | -803,823 | -1,327,310 | -921,376 | -1,130,840 | -1,041,416 | -1,107,472 | -1,238,907 |
| Stock | -2,333,661 | 2,333,661 | |||||||||||||
| Debtors | 1,605,569 | 248,936 | -573,053 | 135,594 | 1,297,226 | 25,224 | 245,087 | -177,919 | 64,096 | -999,611 | 660,385 | 270,138 | -857,052 | 528,775 | 1,435,399 |
| Creditors | -39,600 | 39,600 | -2,383 | -35,293 | 33,728 | 2,731 | -39,608 | 40,825 | |||||||
| Accruals and Deferred Income | 879,001 | -54,484 | 76,815 | 384,700 | -268,707 | 68,289 | 58,652 | 478,467 | -164,374 | -693,624 | 204,668 | -61,556 | 94,398 | -407,964 | 3,378,038 |
| Deferred Taxes & Provisions | 956,285 | -430,053 | 1,815,077 | 217,861 | -325,017 | 588,985 | 242,412 | 153,804 | -37,862 | -364,215 | -71,623 | -16,679 | -24,462 | -40,861 | 1,133,797 |
| Cash flow from operations | 4,727,075 | 6,172,733 | 6,199,213 | 5,236,450 | 3,478,813 | 5,115,711 | 5,394,007 | 5,111,942 | 5,292,590 | 4,647,145 | 4,288,862 | 7,186,900 | 5,635,890 | 3,786,944 | 5,695,662 |
| Investing Activities | |||||||||||||||
| capital expenditure | 1,259,424 | -3,223,516 | -2,782,953 | 455,417 | -1,725,113 | -2,684,969 | -967,145 | 1,364 | |||||||
| Change in Investments | 4,852,250 | -3,603,500 | 10,452,750 | 6,307,750 | 272,750 | 6,151,000 | 8,168,000 | 495,750 | 89,052,500 | -78,545,340 | 78,553,650 | -253,840 | 156,160 | 36,480 | 61,200 |
| cash flow from investments | 763,674 | -92,276,016 | 75,762,387 | -78,098,233 | -1,471,273 | -2,841,129 | -1,003,625 | -59,836 | |||||||
| Financing Activities | |||||||||||||||
| Bank loans | -27,705,439 | 27,705,439 | -22,872,055 | 22,872,055 | -24,100,000 | 24,100,000 | |||||||||
| Group/Directors Accounts | 149,998 | 100,000 | 93,772 | -22,453 | -4,052 | 6,057 | -17,183 | -20,165 | -33,466 | 252,419 | |||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 148,238 | -3,651,763 | 2,028,736 | 29,986,508 | -26,180,466 | 1,736,000 | 2,235,800 | -2,163,800 | 24,372,466 | -21,442,055 | -2,720,000 | -1,720,000 | 980,000 | 24,902,055 | |
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -449,948 | -187,512 | -377,651 | 1,015,111 | |||||||||||
| share issue | |||||||||||||||
| interest | -1,352,130 | -1,056,941 | -537,640 | -470,187 | -571,990 | -717,965 | -667,567 | -673,402 | -983,245 | -1,269,930 | -1,418,296 | -1,300,096 | -1,482,465 | -1,467,718 | |
| cash flow from financing | -1,278,332 | -4,130,087 | 1,677,701 | 1,788,429 | 948,931 | 1,024,092 | 1,101,102 | -3,044,879 | 106,049 | 1,654,411 | -4,480,491 | -4,995,829 | -381,490 | -8,607,649 | 81,983,826 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,021,371 | 503,737 | 420,769 | 697,017 | -794,003 | -3,183 | -732,482 | 1,141,117 | -392,046 | 605,758 | -1,552,604 | 300,249 | 506,890 | 4,842 | 1,369,826 |
| overdraft | |||||||||||||||
| change in cash | -1,021,371 | 503,737 | 420,769 | 697,017 | -794,003 | -3,183 | -732,482 | 1,141,117 | -392,046 | 605,758 | -1,552,604 | 300,249 | 506,890 | 4,842 | 1,369,826 |
district estates limited(the) Credit Report and Business Information
District Estates Limited(the) Competitor Analysis
Perform a competitor analysis for district estates limited(the) by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in CH1 area or any other competitors across 12 key performance metrics.
district estates limited(the) Ownership
DISTRICT ESTATES LIMITED(THE) group structure
District Estates Limited(The) has 3 subsidiary companies.
Ultimate parent company
DISTRICT ESTATES LIMITED(THE)
00147111
3 subsidiaries
district estates limited(the) directors
District Estates Limited(The) currently has 6 directors. The longest serving directors include Mr Nigel Anderton (Jan 1991) and Mr Mark Williams (Nov 1998).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Anderton | 71 years | Jan 1991 | - | Director | |
| Mr Mark Williams | Scotland | 69 years | Nov 1998 | - | Director |
| Mr Alan Bennett | 66 years | Jul 2005 | - | Director | |
| Mr Ian Davies | United Kingdom | 58 years | Jan 2015 | - | Director |
| Mr Andrew Mills | United Kingdom | 58 years | Jan 2015 | - | Director |
| Mr Michael Smye | 60 years | Jan 2020 | - | Director |
P&L
March 2024turnover
8.6m
+2%
operating profit
6.8m
-9%
gross margin
85.3%
-5.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
90.3m
+0.04%
total assets
127.1m
+0.04%
cash
1.1m
-0.49%
net assets
Total assets minus all liabilities
district estates limited(the) company details
company number
00147111
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
April 1917
age
108
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
UHY HACKER YOUNG
address
2 friarsgate, grosvenor street, chester, cheshire, CH1 1XG
Bank
HANDELSBANKEN PLC
Legal Advisor
-
district estates limited(the) Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 42 charges/mortgages relating to district estates limited(the). Currently there are 29 open charges and 13 have been satisfied in the past.
district estates limited(the) Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for DISTRICT ESTATES LIMITED(THE). This can take several minutes, an email will notify you when this has completed.
district estates limited(the) Companies House Filings - See Documents
| date | description | view/download |
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