bracey & clark (properties) limited
bracey & clark (properties) limited Company Information
Company Number
00208512
Website
www.braceyandclark.co.ukRegistered Address
4 victoria square, st albans, hertfordshire, AL1 3TF
Industry
Renting and operating of Housing Association real estate
Telephone
01923444655
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
revsite ltd 100%
bracey & clark (properties) limited Estimated Valuation
Pomanda estimates the enterprise value of BRACEY & CLARK (PROPERTIES) LIMITED at £708.5k based on a Turnover of £219.1k and 3.23x industry multiple (adjusted for size and gross margin).
bracey & clark (properties) limited Estimated Valuation
Pomanda estimates the enterprise value of BRACEY & CLARK (PROPERTIES) LIMITED at £55.4k based on an EBITDA of £8.5k and a 6.5x industry multiple (adjusted for size and gross margin).
bracey & clark (properties) limited Estimated Valuation
Pomanda estimates the enterprise value of BRACEY & CLARK (PROPERTIES) LIMITED at £7.8m based on Net Assets of £2.6m and 3.04x industry multiple (adjusted for liquidity).
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Bracey & Clark (properties) Limited Overview
Bracey & Clark (properties) Limited is a live company located in hertfordshire, AL1 3TF with a Companies House number of 00208512. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in September 1925, it's largest shareholder is revsite ltd with a 100% stake. Bracey & Clark (properties) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £219.1k with healthy growth in recent years.
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Bracey & Clark (properties) Limited Health Check
Pomanda's financial health check has awarded Bracey & Clark (Properties) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £219.1k, make it smaller than the average company (£1.5m)
- Bracey & Clark (properties) Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (2.4%)
- Bracey & Clark (properties) Limited
2.4% - Industry AVG
Production
with a gross margin of 58.6%, this company has a comparable cost of product (58.6%)
- Bracey & Clark (properties) Limited
58.6% - Industry AVG
Profitability
an operating margin of 3.9% make it less profitable than the average company (17.1%)
- Bracey & Clark (properties) Limited
17.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Bracey & Clark (properties) Limited
7 - Industry AVG
Pay Structure
on an average salary of £34.6k, the company has an equivalent pay structure (£34.6k)
- Bracey & Clark (properties) Limited
£34.6k - Industry AVG
Efficiency
resulting in sales per employee of £109.6k, this is less efficient (£150k)
- Bracey & Clark (properties) Limited
£150k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Bracey & Clark (properties) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (24 days)
- Bracey & Clark (properties) Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bracey & Clark (properties) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (24 weeks)
2 weeks - Bracey & Clark (properties) Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.6%, this is a lower level of debt than the average (63.4%)
31.6% - Bracey & Clark (properties) Limited
63.4% - Industry AVG
BRACEY & CLARK (PROPERTIES) LIMITED financials
Bracey & Clark (Properties) Limited's latest turnover from February 2023 is estimated at £219.1 thousand and the company has net assets of £2.6 million. According to their latest financial statements, Bracey & Clark (Properties) Limited has 2 employees and maintains cash reserves of £47.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 151,496 | 170,656 | 214,427 | 210,089 | 208,791 | 204,171 | 196,777 | 205,828 | 123,348 | 150,413 | 166,104 | |||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | -764,430 | -36,730 | 122,038 | 112,709 | 133,861 | 86,899 | 76,621 | -80,341 | -27,042 | 290 | -1,142 | |||
| Interest Payable | 12,949 | 37,706 | 142,143 | 21,040 | 24,505 | 28,507 | 27,840 | 28,640 | 30,756 | 8,738 | 631 | 694 | ||
| Interest Receivable | 1,272 | 710 | 101 | 292 | 113 | 25 | 41 | 214 | 16 | 119 | 3,161 | 3,522 | ||
| Pre-Tax Profit | -392,955 | -178,772 | 101,290 | 88,317 | 105,379 | 59,100 | 45,249 | 253,574 | -35,661 | 2,820 | 1,686 | |||
| Tax | 0 | 0 | -19,098 | -18,013 | -21,180 | -11,781 | -11,315 | -34,299 | 1,745 | -2,895 | 0 | |||
| Profit After Tax | -392,955 | -178,772 | 82,192 | 70,304 | 84,199 | 47,319 | 33,934 | 219,275 | -33,916 | -75 | 1,686 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,500 | |||
| Retained Profit | -392,955 | -178,772 | 82,192 | 70,304 | 84,199 | 47,319 | 33,934 | 219,275 | -33,916 | -75 | -2,814 | |||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | |||||||||||||
| EBITDA* | -761,894 | -34,195 | 124,573 | 119,038 | 137,654 | 90,692 | 82,046 | -63,145 | -17,980 | 9,352 | 8,107 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 406 | 1,789,618 | 3,695,256 | 2,084,819 | 1,896,929 | 1,892,711 | 1,896,504 | 1,782,418 | 1,772,619 | 1,646,619 | 588,405 | 470,579 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,329,367 | 3,329,367 | 3,511,095 | 550,000 | 550,000 | 550,000 | 550,000 | 550,000 | 550,000 | 550,000 | 550,000 | 576,400 | 586,000 | 570,100 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,329,367 | 3,329,367 | 3,511,501 | 2,339,618 | 4,245,256 | 2,634,819 | 2,446,929 | 2,442,711 | 2,446,504 | 2,332,418 | 2,322,619 | 2,223,019 | 1,174,405 | 1,040,679 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 322,377 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 565 | 2,636 | 0 | 3,067 | 9,439 | 4,771 | 976 | 3,819 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 94,085 | 0 | 94,085 |
| Misc Debtors | 353,214 | 353,214 | 353,214 | 1,150,535 | 900,093 | 892,626 | 638,219 | 638,936 | 613,042 | 413,484 | 205,807 | 98,373 | 98,640 | 348,098 |
| Cash | 47,571 | 202,009 | 33,166 | 411,172 | 20,433 | 36,329 | 173,760 | 4,629 | 13,629 | 245,219 | 532,038 | 277,437 | 380,415 | 492,194 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 400,785 | 555,223 | 386,380 | 1,561,707 | 920,526 | 928,955 | 812,544 | 646,201 | 626,671 | 661,770 | 747,284 | 474,666 | 802,408 | 938,196 |
| total assets | 3,730,152 | 3,884,590 | 3,897,881 | 3,901,325 | 5,165,782 | 3,563,774 | 3,259,473 | 3,088,912 | 3,073,175 | 2,994,188 | 3,069,903 | 2,697,685 | 1,976,813 | 1,978,875 |
| Bank overdraft | 0 | 0 | 0 | 847,875 | 1,928,707 | 521,114 | 607,793 | 670,935 | 768,148 | 752,625 | 808,963 | 659,642 | 25,781 | 17,311 |
| Bank loan | 0 | 90,000 | 135,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,753 | 4,622 | 0 | 0 | 0 | 548 | 424 | 4,781 | 4,394 | 21,952 | 48,832 | 28,733 | 19,564 | 12,903 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 140,841 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,174,857 | 1,245,719 | 1,301,065 | 1,326,266 | 1,116,936 | 743,201 | 434,537 | 266,781 | 238,417 | 204,714 | 231,145 | 247,622 | 135,864 | 12,141 |
| total current liabilities | 1,178,610 | 1,340,341 | 1,436,065 | 2,174,141 | 3,045,643 | 1,264,863 | 1,042,754 | 942,497 | 1,010,959 | 979,291 | 1,088,940 | 935,997 | 181,209 | 183,196 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 300 | 300 | 300 | 300 | 0 | 300 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 0 | 0 | 0 | 0 | 300 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 |
| total liabilities | 1,178,910 | 1,340,641 | 1,436,365 | 2,174,441 | 3,045,943 | 1,265,163 | 1,043,054 | 942,797 | 1,011,259 | 979,591 | 1,089,240 | 936,297 | 181,509 | 183,496 |
| net assets | 2,551,242 | 2,543,949 | 2,461,516 | 1,726,884 | 2,119,839 | 2,298,611 | 2,216,419 | 2,146,115 | 2,061,916 | 2,014,597 | 1,980,663 | 1,761,388 | 1,795,304 | 1,795,379 |
| total shareholders funds | 2,551,242 | 2,543,949 | 2,461,516 | 1,726,884 | 2,119,839 | 2,298,611 | 2,216,419 | 2,146,115 | 2,061,916 | 2,014,597 | 1,980,663 | 1,761,388 | 1,795,304 | 1,795,379 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -764,430 | -36,730 | 122,038 | 112,709 | 133,861 | 86,899 | 76,621 | -80,341 | -27,042 | 290 | -1,142 | |||
| Depreciation | 0 | 406 | 0 | 2,536 | 2,535 | 2,535 | 6,329 | 3,793 | 3,793 | 5,425 | 7,596 | 9,062 | 9,062 | 9,249 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,600 | 0 | 0 | 0 |
| Tax | 0 | 0 | -19,098 | -18,013 | -21,180 | -11,781 | -11,315 | -34,299 | 1,745 | -2,895 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -322,377 | 322,377 | 0 |
| Debtors | 0 | 0 | -797,321 | 250,442 | 7,467 | 253,842 | -2,788 | 28,530 | 196,491 | 201,305 | 18,017 | 97,613 | -346,386 | 446,002 |
| Creditors | -869 | 4,622 | 0 | 0 | -548 | 124 | -4,357 | 387 | -17,558 | -26,880 | 20,099 | 9,169 | 6,661 | 12,903 |
| Accruals and Deferred Income | -70,862 | -55,346 | -25,201 | 209,330 | 373,735 | 308,664 | 167,756 | 28,364 | 33,703 | -26,431 | -16,477 | 111,758 | 123,723 | 12,141 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -803,006 | 331,525 | 160,421 | 267,212 | 116,695 | -101,435 | -183,885 | -111,839 | 329,456 | 160,850 | -412,851 | |||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | -181,728 | 2,961,095 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -26,400 | -9,600 | 15,900 | 570,100 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -90,000 | -45,000 | 135,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -140,841 | 140,841 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -300 | 0 | 0 | 0 | 300 | -300 | 300 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 300 | 0 | 0 | 0 | -300 | 300 | 0 |
| share issue | ||||||||||||||
| interest | -11,677 | -36,996 | -142,042 | -20,748 | -24,392 | -28,482 | -27,799 | -28,426 | -30,740 | -8,619 | 2,530 | 2,828 | ||
| cash flow from financing | -36,996 | -142,042 | -20,748 | -24,392 | -28,482 | -27,799 | -28,426 | -30,740 | -8,619 | -138,311 | 1,942,162 | |||
| cash and cash equivalents | ||||||||||||||
| cash | -154,438 | 168,843 | -378,006 | 390,739 | -15,896 | -137,431 | 169,131 | -9,000 | -231,590 | -286,819 | 254,601 | -102,978 | -111,779 | 492,194 |
| overdraft | 0 | 0 | -847,875 | -1,080,832 | 1,407,593 | -86,679 | -63,142 | -97,213 | 15,523 | -56,338 | 149,321 | 633,861 | 8,470 | 17,311 |
| change in cash | -154,438 | 168,843 | 469,869 | 1,471,571 | -1,423,489 | -50,752 | 232,273 | 88,213 | -247,113 | -230,481 | 105,280 | -736,839 | -120,249 | 474,883 |
bracey & clark (properties) limited Credit Report and Business Information
Bracey & Clark (properties) Limited Competitor Analysis
Perform a competitor analysis for bracey & clark (properties) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in AL1 area or any other competitors across 12 key performance metrics.
bracey & clark (properties) limited Ownership
BRACEY & CLARK (PROPERTIES) LIMITED group structure
Bracey & Clark (Properties) Limited has 4 subsidiary companies.
Ultimate parent company
1 parent
BRACEY & CLARK (PROPERTIES) LIMITED
00208512
4 subsidiaries
bracey & clark (properties) limited directors
Bracey & Clark (Properties) Limited currently has 3 directors. The longest serving directors include Mrs Christine Turner (Jan 2019) and Mr Edward Turner (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Christine Turner | United Kingdom | 78 years | Jan 2019 | - | Director |
| Mr Edward Turner | United Kingdom | 84 years | Jan 2020 | - | Director |
| Mr Edward Turner | United Kingdom | 84 years | Jan 2020 | - | Director |
P&L
February 2023turnover
219.1k
+917%
operating profit
8.5k
0%
gross margin
58.6%
-3.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
2.6m
0%
total assets
3.7m
-0.04%
cash
47.6k
-0.76%
net assets
Total assets minus all liabilities
bracey & clark (properties) limited company details
company number
00208512
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
September 1925
age
99
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
bracey & clark limited (December 1980)
last accounts submitted
February 2023
address
4 victoria square, st albans, hertfordshire, AL1 3TF
accountant
MOORE KINGSTON SMITH LLP
auditor
-
bracey & clark (properties) limited 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 12 charges/mortgages relating to bracey & clark (properties) limited. Currently there are 0 open charges and 12 have been satisfied in the past.
bracey & clark (properties) limited Companies House Filings - See Documents
| date | description | view/download |
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