walters properties limited

walters properties limited Company Information

Share WALTERS PROPERTIES LIMITED
Live 
MatureMicroDeclining

Company Number

00405197

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Directors

Edward Olins

David Kester

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Shareholders

walters family settlement - trustees (edward olins david kester smith & williamson trust corporation ltd)

walters (battersea) ltd

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Group Structure

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Contact

Registered Address

tempo house 15 falcon road, battersea, london, SW11 2PJ

Website

-

walters properties limited Estimated Valuation

£34.4k

Pomanda estimates the enterprise value of WALTERS PROPERTIES LIMITED at £34.4k based on a Turnover of £9.8k and 3.51x industry multiple (adjusted for size and gross margin).

walters properties limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WALTERS PROPERTIES LIMITED at £0 based on an EBITDA of £-1.9m and a 6.93x industry multiple (adjusted for size and gross margin).

walters properties limited Estimated Valuation

£3.3m

Pomanda estimates the enterprise value of WALTERS PROPERTIES LIMITED at £3.3m based on Net Assets of £1.9m and 1.71x industry multiple (adjusted for liquidity).

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Walters Properties Limited Overview

Walters Properties Limited is a live company located in london, SW11 2PJ with a Companies House number of 00405197. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 1946, it's largest shareholder is walters family settlement - trustees (edward olins david kester smith & williamson trust corporation ltd) with a 33.3% stake. Walters Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £9.8k with declining growth in recent years.

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Walters Properties Limited Health Check

Pomanda's financial health check has awarded Walters Properties Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £9.8k, make it smaller than the average company (£922.2k)

£9.8k - Walters Properties Limited

£922.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -87%, show it is growing at a slower rate (4.9%)

-87% - Walters Properties Limited

4.9% - Industry AVG

production

Production

with a gross margin of 75.6%, this company has a comparable cost of product (75.6%)

75.6% - Walters Properties Limited

75.6% - Industry AVG

profitability

Profitability

an operating margin of -18970.8% make it less profitable than the average company (29.7%)

-18970.8% - Walters Properties Limited

29.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Walters Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)

£32.5k - Walters Properties Limited

£32.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £9.8k, this is less efficient (£179.2k)

£9.8k - Walters Properties Limited

£179.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Walters Properties Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 649 days, this is slower than average (38 days)

649 days - Walters Properties Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Walters Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 88 weeks, this is more cash available to meet short term requirements (12 weeks)

88 weeks - Walters Properties Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.5%, this is a lower level of debt than the average (64%)

37.5% - Walters Properties Limited

64% - Industry AVG

WALTERS PROPERTIES LIMITED financials

EXPORTms excel logo

Walters Properties Limited's latest turnover from March 2024 is estimated at £9.8 thousand and the company has net assets of £1.9 million. According to their latest financial statements, we estimate that Walters Properties Limited has 1 employee and maintains cash reserves of £7.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover9,8045,952,0324,963,6924,864,9463,921,8293,675,9112,426,1111,991,9861,431,82441,510102,4136,60055,718189,7710
Other Income Or Grants000000000000000
Cost Of Sales2,3941,499,5031,249,9341,214,7171,013,412979,433607,886502,164404,69015,35838,0572,42420,49267,5260
Gross Profit7,4104,452,5283,713,7583,650,2292,908,4172,696,4781,818,2261,489,8231,027,13426,15264,3564,17635,226122,2450
Admin Expenses1,867,2844,464,6773,696,7841,179,1624,813,2362,683,6041,799,158-1,043,7671,277,559-11,853374,9136,89184,238111,457-47,138
Operating Profit-1,859,874-12,14916,9742,471,067-1,904,81912,87419,0682,533,590-250,42538,005-310,557-2,715-49,01210,78847,138
Interest Payable65,23900000014,89615,49225,44413,86531000
Interest Receivable191001311310058115232148123161
Pre-Tax Profit-1,924,922-12,14916,9742,471,199-1,904,68812,87419,0682,518,751-265,80212,792-324,275-2,745-48,98910,80447,139
Tax00-3,225-469,5280-2,446-3,623-503,7500-2,686000-3,025-13,199
Profit After Tax-1,924,922-12,14913,7492,001,671-1,904,68810,42815,4452,015,001-265,80210,106-324,275-2,745-48,9897,77933,940
Dividends Paid000000000000000
Retained Profit-1,924,922-12,14913,7492,001,671-1,904,68810,42815,4452,015,001-265,80210,106-324,275-2,745-48,9897,77933,940
Employee Costs32,48960,75359,00026,856136,963702,733521,848434,876262,43025,67324,49424,18023,78348,0430
Number Of Employees1221526201710111120
EBITDA*-1,859,874-12,14916,9742,471,067-1,904,81912,87419,0682,533,590-250,42538,005-310,557-2,715-49,01210,78847,138

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0001,050,00047,95747,95740,237
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000023,2230000
Total Fixed Assets2,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,023,2231,050,00047,95747,95740,237
Stock & work in progress000000000000000
Trade Debtors0994,031917,388905,839623,606424,332197,068201,707149,8094,42100021,29335,788
Group Debtors000000000000000
Misc Debtors73,75000000000000000
Cash7,279000262,58600046,10435,84056,7902,2812,9246,157298
misc current assets1,023,25100000000000000
total current assets1,104,280994,031917,388905,839886,192424,332197,068201,707195,91340,26156,7902,2812,92427,45036,086
total assets3,104,2802,994,0312,917,3882,905,8392,886,1922,424,3322,197,0682,201,7072,195,9132,040,2612,080,0131,052,28150,88175,40776,323
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 4,25890,3621,5703,7703,7502,58002,5003,0002,40029,3766,51518,0533,68812,383
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities4,25890,3621,5703,7703,7502,58002,5003,0002,40029,3766,51518,0533,68812,383
loans1,159,8120000000476,672380,002402,88423,738000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities01,030,0141,030,0141,030,0141,030,014646,680432,424450,008000010,09800
provisions000000000000000
total long term liabilities1,159,8121,030,0141,030,0141,030,0141,030,014646,680432,424450,008476,672380,002402,88423,73810,09800
total liabilities1,164,0701,120,3761,031,5841,033,7841,033,764649,260432,424452,508479,672382,402432,26030,25328,1513,68812,383
net assets1,940,2101,873,6551,885,8041,872,0551,852,4281,775,0721,764,6441,749,1991,716,2411,657,8591,647,7531,022,02822,73071,71963,940
total shareholders funds1,940,2101,873,6551,885,8041,872,0551,852,4281,775,0721,764,6441,749,1991,716,2411,657,8591,647,7531,022,02822,73071,71963,940
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-1,859,874-12,14916,9742,471,067-1,904,81912,87419,0682,533,590-250,42538,005-310,557-2,715-49,01210,78847,138
Depreciation000000000000000
Amortisation000000000000000
Tax00-3,225-469,5280-2,446-3,623-503,7500-2,686000-3,025-13,199
Stock000000000000000
Debtors-920,28176,64311,549282,233199,274227,264-4,63951,898149,809-18,80223,2230-21,293-14,49535,788
Creditors-86,10488,792-2,200201,1702,580-2,500-5003,000-26,97622,861-11,53814,365-8,69512,383
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-1,025,697001,719,326-2,102,923-214,25617,5841,977,442-397,23427,145-310,919-14,253-13,35413,56310,534
Investing Activities
capital expenditure00000000-2,000,0000-950,000-1,002,0430-7,720-40,237
Change in Investments000000000000000
cash flow from investments00000000-2,000,0000-950,000-1,002,0430-7,720-40,237
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans1,159,812000000-476,672476,672-22,882379,14623,738000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-1,030,014000383,334214,256-17,584450,008000-10,09810,09800
share issue1,991,47700-1,982,0441,982,04400-1,982,0431,982,0430950,0001,002,0430030,000
interest-65,0480013113100-14,838-15,377-25,212-13,717-3023161
cash flow from financing2,056,22700-1,981,9132,365,509214,256-17,584-2,023,5452,443,338-48,0941,315,4291,015,65310,1211630,001
cash and cash equivalents
cash7,27900-262,586262,58600-46,10446,104-20,95054,509-643-3,2335,859298
overdraft000000000000000
change in cash7,27900-262,586262,58600-46,10446,104-20,95054,509-643-3,2335,859298

walters properties limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Walters Properties Limited Competitor Analysis

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Perform a competitor analysis for walters properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SW11 area or any other competitors across 12 key performance metrics.

walters properties limited Ownership

WALTERS PROPERTIES LIMITED group structure

Walters Properties Limited has no subsidiary companies.

Ultimate parent company

WALTERS PROPERTIES LIMITED

00405197

WALTERS PROPERTIES LIMITED Shareholders

walters family settlement - trustees (edward olins david kester smith & williamson trust corporation ltd) 33.33%
walters (battersea) ltd 16.67%
trustee of settled legacy established by clause 3 of the will of freda walters on 11 march 1988 13.33%
rosalind andrea nelson 8.33%
leone olins limited 8.33%
edward philip olins 5%
kester david 5%
susannah rosenberg 5%
joanna olins 5%

walters properties limited directors

Walters Properties Limited currently has 6 directors. The longest serving directors include Mr Edward Olins (Nov 2008) and Mr David Kester (Nov 2008).

officercountryagestartendrole
Mr Edward OlinsUnited Kingdom51 years Nov 2008- Director
Mr David KesterUnited Kingdom58 years Nov 2008- Director
Ms Joanna Olins62 years May 2010- Director
Mrs Rosalind NelsonEngland80 years Jan 2017- Director
Mrs Leone OlinsEngland86 years Jan 2017- Director
Ms Susanna RosenbergEngland54 years May 2017- Director

P&L

March 2024

turnover

9.8k

-100%

operating profit

-1.9m

0%

gross margin

75.6%

+1.03%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

1.9m

+0.04%

total assets

3.1m

+0.04%

cash

7.3k

0%

net assets

Total assets minus all liabilities

walters properties limited company details

company number

00405197

Type

Private limited with Share Capital

industry

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

February 1946

age

79

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

tempo house 15 falcon road, battersea, london, SW11 2PJ

Bank

BARCLAYS BANK PLC

Legal Advisor

-

walters 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 11 charges/mortgages relating to walters properties limited. Currently there are 2 open charges and 9 have been satisfied in the past.

walters properties limited 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 WALTERS PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.

walters properties limited Companies House Filings - See Documents

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