neath properties limited
neath properties limited Company Information
Company Number
00424483
Website
-Registered Address
the courtenay group, 1 kensington gore, london, SW7 2AT
Industry
Development of building projects
Telephone
02075913160
Next Accounts Due
October 2025
Group Structure
View All
Shareholders
alan bryce charles osband 12.5%
peter maurice edward osband 12.5%
View Allneath properties limited Estimated Valuation
Pomanda estimates the enterprise value of NEATH PROPERTIES LIMITED at £810.3k based on a Turnover of £1.6m and 0.52x industry multiple (adjusted for size and gross margin).
neath properties limited Estimated Valuation
Pomanda estimates the enterprise value of NEATH PROPERTIES LIMITED at £1.8m based on an EBITDA of £459.8k and a 3.92x industry multiple (adjusted for size and gross margin).
neath properties limited Estimated Valuation
Pomanda estimates the enterprise value of NEATH PROPERTIES LIMITED at £10.2m based on Net Assets of £6.6m and 1.55x industry multiple (adjusted for liquidity).
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Neath Properties Limited Overview
Neath Properties Limited is a live company located in london, SW7 2AT with a Companies House number of 00424483. It operates in the development of building projects sector, SIC Code 41100. Founded in November 1946, it's largest shareholder is alan bryce charles osband with a 12.5% stake. Neath Properties Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with rapid growth in recent years.
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Neath Properties Limited Health Check
Pomanda's financial health check has awarded Neath Properties Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£2.3m)
£1.6m - Neath Properties Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 79%, show it is growing at a faster rate (5.3%)
79% - Neath Properties Limited
5.3% - Industry AVG
Production
with a gross margin of 23.3%, this company has a comparable cost of product (25.2%)
23.3% - Neath Properties Limited
25.2% - Industry AVG
Profitability
an operating margin of 29.1% make it more profitable than the average company (7.5%)
29.1% - Neath Properties Limited
7.5% - Industry AVG
Employees
with 9 employees, this is above the industry average (6)
9 - Neath Properties Limited
6 - Industry AVG
Pay Structure
on an average salary of £48k, the company has an equivalent pay structure (£48k)
- Neath Properties Limited
£48k - Industry AVG
Efficiency
resulting in sales per employee of £174.5k, this is less efficient (£288.5k)
£174.5k - Neath Properties Limited
£288.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Neath Properties Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (31 days)
100 days - Neath Properties Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Neath Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (11 weeks)
6 weeks - Neath Properties Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.6%, this is a lower level of debt than the average (73.5%)
7.6% - Neath Properties Limited
73.5% - Industry AVG
NEATH PROPERTIES LIMITED financials
Neath Properties Limited's latest turnover from January 2024 is £1.6 million and the company has net assets of £6.6 million. According to their latest financial statements, Neath Properties Limited has 9 employees and maintains cash reserves of £63.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,570,908 | 1,612,644 | 1,721,111 | 274,479 | 0 | 0 | 3,927,621 | 279,070 | 577,681 | 800,764 | 663,763 | 620,233 | 630,666 | 589,475 | 633,130 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,205,229 | 1,250,632 | 1,428,004 | 191,781 | 35 | 135,668 | 2,660,654 | 139,761 | 274,783 | 287,297 | 309,722 | 223,525 | 103,783 | 664,318 | 337,065 |
| Gross Profit | 365,679 | 362,012 | 293,107 | 82,698 | -35 | -135,668 | 1,266,967 | 139,309 | 302,898 | 513,467 | 354,041 | 396,708 | 526,883 | -74,843 | 296,065 |
| Admin Expenses | -90,716 | 971,991 | 299,945 | 88,758 | 4,585 | 2,997 | -37,664 | 65,277 | 106,295 | 10,556 | 575 | 1,026 | 35,485 | 4,030 | 7,554 |
| Operating Profit | 456,395 | -609,979 | -6,838 | -6,060 | -4,620 | -138,665 | 1,304,631 | 74,032 | 196,603 | 502,911 | 353,466 | 395,682 | 491,398 | -78,873 | 288,511 |
| Interest Payable | 0 | 459 | 510 | 0 | 0 | 2,685 | 0 | 4,995 | 48,830 | 0 | 0 | 101,758 | 130,202 | 0 | 0 |
| Interest Receivable | 249,088 | 250,887 | 259,262 | 273,364 | 272,172 | 213,035 | 42,211 | 48,905 | 9,089 | 0 | 0 | 8 | 0 | 0 | 997 |
| Pre-Tax Profit | 705,483 | -359,551 | 251,914 | 267,304 | 267,552 | 71,685 | 1,181,096 | 347,942 | 688,500 | 288,464 | 353,466 | 293,932 | 361,052 | -78,873 | 289,508 |
| Tax | -169,967 | 487 | -47,372 | -50,787 | -50,936 | -132,972 | -225,635 | 21,004 | 195,925 | -56,407 | -75,747 | -65,175 | -30,132 | -1,834 | -59,289 |
| Profit After Tax | 535,516 | -359,064 | 204,542 | 216,517 | 216,616 | -61,287 | 955,461 | 368,946 | 884,425 | 232,057 | 277,719 | 228,757 | 330,920 | -80,707 | 230,219 |
| Dividends Paid | 257,532 | 257,532 | 0 | 0 | 257,689 | 257,375 | 256,143 | 257,532 | 257,532 | 257,529 | 321,915 | 193,149 | 257,532 | 257,532 | 257,532 |
| Retained Profit | 275,427 | -624,556 | 201,854 | 213,949 | -43,534 | -307,923 | 613,068 | 113,012 | 626,893 | -25,472 | -44,196 | 35,608 | 73,388 | -338,239 | -27,313 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Number Of Employees | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | ||||||
| EBITDA* | 459,814 | -609,979 | -6,838 | -6,060 | -4,620 | -138,665 | 1,304,631 | 74,032 | 196,603 | 502,911 | 353,466 | 395,682 | 491,398 | -78,873 | 288,511 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,139 | 4,558 | 4,558 | 2,582 | 0 | 0 | 0 | 0 | 0 | 0 | 8,785,000 | 8,130,000 | 6,550,000 | 7,140,000 | 2,940,981 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,950,598 | 5,320,000 | 13,035,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 6,657,163 | 6,311,670 | 5,526,301 | 7,031,600 | 6,882,695 | 7,028,521 | 7,350,420 | 1,205,830 | 1,666,180 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,658,302 | 6,316,228 | 5,530,859 | 7,034,182 | 6,882,695 | 7,028,521 | 7,350,420 | 4,156,428 | 6,986,180 | 13,035,000 | 8,785,000 | 8,130,000 | 6,550,000 | 7,140,000 | 2,940,981 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,872 | 33,036 | 52,269 | 37,359 | 43,623 | 22,921 | 31,273 | 35,777 |
| Group Debtors | 204,195 | 98,460 | 1,313,774 | 19,400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 278,798 | 217,034 | 111,557 | 14,470 | 4,093 | 19,759 | 156,982 | 76,927 | 8,520 | 516,661 | 89,263 | 15,216 | 58,371 | 37,113 | 177,369 |
| Cash | 63,721 | 535,758 | 833,570 | 356,750 | 4,088 | 5,130 | 6,714 | 6,245 | 38,594 | 4,175 | 1,902 | 1,679 | 2,135 | 17,401 | 4,556 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 546,714 | 851,252 | 2,258,901 | 390,620 | 8,181 | 24,889 | 163,696 | 2,590,044 | 80,150 | 573,105 | 128,524 | 60,518 | 83,427 | 85,787 | 217,702 |
| total assets | 7,205,016 | 7,167,480 | 7,789,760 | 7,424,802 | 6,890,876 | 7,053,410 | 7,514,116 | 6,746,472 | 7,066,330 | 13,608,105 | 8,913,524 | 8,190,518 | 6,633,427 | 7,225,787 | 3,158,683 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 332,081 | 236,395 | 60,764 | 31,869 | 0 | 0 | 62,191 | 10,990 | 19,900 | 16,806 | 824 | 0 | 6,503 | 4,113 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,802,900 | 1,693,753 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 212,213 | 548,347 | 729,662 | 340,696 | 55,156 | 176,617 | 256,470 | 94,439 | 386,857 | 143,576 | 187,685 | 177,688 | 123,395 | 128,951 | 303,026 |
| total current liabilities | 544,294 | 784,742 | 790,426 | 372,565 | 55,156 | 176,617 | 318,661 | 105,429 | 406,757 | 160,382 | 188,509 | 177,688 | 129,898 | 2,935,964 | 1,996,779 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,848,024 | 3,802,577 | 3,524,911 | 2,140,318 | 0 | 0 |
| hp & lease commitments | 0 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 144,308 | 174,850 | 742,869 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 144,308 | 174,850 | 7,590,893 | 3,802,577 | 3,524,911 | 2,140,318 | 0 | 0 |
| total liabilities | 544,294 | 784,742 | 790,426 | 372,565 | 55,156 | 176,617 | 318,661 | 249,737 | 581,607 | 7,751,275 | 3,991,086 | 3,702,599 | 2,270,216 | 2,935,964 | 1,996,779 |
| net assets | 6,581,495 | 6,306,068 | 6,914,704 | 6,970,295 | 6,756,346 | 6,799,880 | 7,109,803 | 6,496,735 | 6,483,723 | 5,856,830 | 4,922,438 | 4,487,919 | 4,363,211 | 4,289,823 | 1,161,904 |
| total shareholders funds | 6,581,495 | 6,306,068 | 6,914,704 | 6,970,295 | 6,756,346 | 6,799,880 | 7,109,803 | 6,496,735 | 6,483,723 | 5,856,830 | 4,922,438 | 4,487,919 | 4,363,211 | 4,289,823 | 1,161,904 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 456,395 | -609,979 | -6,838 | -6,060 | -4,620 | -138,665 | 1,304,631 | 74,032 | 196,603 | 502,911 | 353,466 | 395,682 | 491,398 | -78,873 | 288,511 |
| Depreciation | 3,419 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -169,967 | 487 | -47,372 | -50,787 | -50,936 | -132,972 | -225,635 | 21,004 | 195,925 | -56,407 | -75,747 | -65,175 | -30,132 | -1,834 | -59,289 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -2,500,000 | 2,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 512,992 | -324,468 | -113,838 | 178,682 | -161,492 | -459,122 | 6,217,773 | -418,107 | 1,138,806 | 442,308 | 67,783 | -22,453 | 12,906 | -144,760 | 213,146 |
| Creditors | 95,686 | 175,631 | 28,895 | 31,869 | 0 | -62,191 | 51,201 | -8,910 | 3,094 | 15,982 | 824 | -6,503 | 2,390 | 4,113 | 0 |
| Accruals and Deferred Income | -336,134 | -181,315 | 388,966 | 285,540 | -121,461 | -79,853 | 162,031 | -292,418 | 243,281 | -44,109 | 9,997 | 54,293 | -5,556 | -174,075 | 303,026 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -144,308 | -30,542 | -568,019 | 742,869 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -463,593 | -290,708 | 477,489 | 81,880 | -15,525 | 45,441 | -2,569,853 | -2,318,727 | -1,067,922 | 718,938 | 220,757 | 400,750 | 445,194 | -105,909 | 319,102 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -2,950,598 | -2,369,402 | -7,715,000 | 13,035,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 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 | -2,802,900 | 1,109,147 | 1,693,753 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,848,024 | 3,045,447 | 277,666 | 1,384,593 | 2,140,318 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 249,088 | 250,428 | 258,752 | 273,364 | 272,172 | 210,350 | 42,211 | 43,910 | -39,741 | 0 | 0 | -101,750 | -130,202 | 0 | 997 |
| cash flow from financing | 249,088 | 266,348 | 1,307 | 273,364 | 272,172 | 208,350 | 42,211 | -56,090 | -6,887,765 | 4,005,311 | 756,381 | 1,371,943 | -792,784 | 4,575,305 | 2,883,967 |
| cash and cash equivalents | |||||||||||||||
| cash | -472,037 | -297,812 | 476,820 | 352,662 | -1,042 | -1,584 | 469 | -32,349 | 34,419 | 2,273 | 223 | -456 | -15,266 | 12,845 | 4,556 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -472,037 | -297,812 | 476,820 | 352,662 | -1,042 | -1,584 | 469 | -32,349 | 34,419 | 2,273 | 223 | -456 | -15,266 | 12,845 | 4,556 |
neath properties limited Credit Report and Business Information
Neath Properties Limited Competitor Analysis
Perform a competitor analysis for neath properties limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SW7 area or any other competitors across 12 key performance metrics.
neath properties limited Ownership
NEATH PROPERTIES LIMITED group structure
Neath Properties Limited has 2 subsidiary companies.
Ultimate parent company
NEATH PROPERTIES LIMITED
00424483
2 subsidiaries
neath properties limited directors
Neath Properties Limited currently has 10 directors. The longest serving directors include Mr Richard Osband (Feb 1994) and Mrs Linda Osband (Feb 1994).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Osband | 75 years | Feb 1994 | - | Director | |
| Mrs Linda Osband | 74 years | Feb 1994 | - | Director | |
| Mrs Sharon Hillman | England | 80 years | Sep 2001 | - | Director |
| Mrs Gillian Davies | England | 77 years | Dec 2001 | - | Director |
| Mr Peter Osband | 69 years | Oct 2003 | - | Director | |
| Mr Peter Osband | 69 years | Oct 2003 | - | Director | |
| Mr Matthew Smith | 61 years | Dec 2011 | - | Director | |
| Mrs Lucy Valpy | England | 53 years | Apr 2015 | - | Director |
| Mr Daniel Hillman | England | 53 years | Apr 2015 | - | Director |
| Ms Emily Osband | England | 50 years | Oct 2018 | - | Director |
P&L
January 2024turnover
1.6m
-3%
operating profit
456.4k
-175%
gross margin
23.3%
+3.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
6.6m
+0.04%
total assets
7.2m
+0.01%
cash
63.7k
-0.88%
net assets
Total assets minus all liabilities
neath properties limited company details
company number
00424483
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 1946
age
78
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
GERALD EDELMAN LLP
address
the courtenay group, 1 kensington gore, london, SW7 2AT
Bank
-
Legal Advisor
-
neath 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 4 charges/mortgages relating to neath properties limited. Currently there are 0 open charges and 4 have been satisfied in the past.
neath properties limited Companies House Filings - See Documents
| date | description | view/download |
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