andergate properties limited

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andergate properties limited Company Information

Share ANDERGATE PROPERTIES LIMITED

Company Number

00552988

Shareholders

helen kyriakides

john kyriakides

Group Structure

View All

Industry

Management of real estate on a fee or contract basis

 

Registered Address

2 queensborough terrace, london, W2 3TA

Website

-

andergate properties limited Estimated Valuation

£719.6k

Pomanda estimates the enterprise value of ANDERGATE PROPERTIES LIMITED at £719.6k based on a Turnover of £457.7k and 1.57x industry multiple (adjusted for size and gross margin).

andergate properties limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ANDERGATE PROPERTIES LIMITED at £0 based on an EBITDA of £-4.4k and a 4.14x industry multiple (adjusted for size and gross margin).

andergate properties limited Estimated Valuation

£485.3k

Pomanda estimates the enterprise value of ANDERGATE PROPERTIES LIMITED at £485.3k based on Net Assets of £266.9k and 1.82x industry multiple (adjusted for liquidity).

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Andergate Properties Limited Overview

Andergate Properties Limited is a live company located in london, W2 3TA with a Companies House number of 00552988. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in August 1955, it's largest shareholder is helen kyriakides with a 97.5% stake. Andergate Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £457.7k with high growth in recent years.

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Andergate Properties Limited Health Check

Pomanda's financial health check has awarded Andergate Properties Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £457.7k, make it larger than the average company (£363.6k)

£457.7k - Andergate Properties Limited

£363.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (5.4%)

21% - Andergate Properties Limited

5.4% - Industry AVG

production

Production

with a gross margin of 15.6%, this company has a higher cost of product (63.5%)

15.6% - Andergate Properties Limited

63.5% - Industry AVG

profitability

Profitability

an operating margin of -1% make it less profitable than the average company (7.7%)

-1% - Andergate Properties Limited

7.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - Andergate Properties Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)

£40.1k - Andergate Properties Limited

£40.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £228.8k, this is more efficient (£102.8k)

£228.8k - Andergate Properties Limited

£102.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 188 days, this is later than average (48 days)

188 days - Andergate Properties Limited

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (30 days)

7 days - Andergate Properties Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Andergate Properties Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Andergate Properties Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 25%, this is a lower level of debt than the average (57.9%)

25% - Andergate Properties Limited

57.9% - Industry AVG

ANDERGATE PROPERTIES LIMITED financials

EXPORTms excel logo

Andergate Properties Limited's latest turnover from February 2024 is estimated at £457.7 thousand and the company has net assets of £266.9 thousand. According to their latest financial statements, we estimate that Andergate Properties Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover457,699387,455311,504256,502232,993193,509164,405165,839133,32484,04175,22097,569174,422111,8911,240
Other Income Or Grants
Cost Of Sales386,367314,577258,493218,168189,435158,726132,609129,416109,98174,83966,52187,159155,111100,5991,154
Gross Profit71,33272,87853,01238,33443,55834,78331,79636,42323,3439,2028,69910,41019,31111,29386
Admin Expenses75,74433,80837,71437,15538,97726,98920,41510,14512,998-40,123-1,075-3,2612,36611,181356
Operating Profit-4,41239,07015,2981,1794,5817,79411,38126,27810,34549,3259,77413,67116,945112-270
Interest Payable460460
Interest Receivable4219614054434395262
Pre-Tax Profit-4,41239,07015,2981,1794,5817,79411,38126,32010,54149,4659,36813,25416,988207-8
Tax-7,423-2,907-224-870-1,481-2,162-5,264-2,108-10,388-2,155-3,181-4,417-58
Profit After Tax-4,41231,64712,3919553,7116,3139,21921,0568,43339,0777,21310,07312,571149-8
Dividends Paid
Retained Profit-4,41231,64712,3919553,7116,3139,21921,0568,43339,0777,21310,07312,571149-8
Employee Costs80,17780,18773,97569,79867,73633,37732,59431,24836,48633,45232,83231,64433,58432,96136,070
Number Of Employees222221111111111
EBITDA*-4,41239,07015,2981,1794,5817,79411,38126,27810,34549,3259,77413,67116,945112-270

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets119,166119,166119,166119,166119,166119,166119,166118,81168,81166,61866,61865,47664,74429,17015,670
Intangible Assets
Investments & Other50,00050,00050,000
Debtors (Due After 1 year)
Total Fixed Assets119,166119,166119,166119,166119,166119,166119,166118,811118,811116,618116,61865,47664,74429,17015,670
Stock & work in progress
Trade Debtors236,750226,952178,925151,728134,362120,605110,147108,80947,28024,76725,32631,61736,44438,16026,294
Group Debtors
Misc Debtors8,8343,108
Cash33,51344,85211,07410,4966,81910,46727,681
misc current assets3,82550,00050,00050,00050,000
total current assets236,750226,952178,925151,728134,362120,605113,972108,80980,79369,61945,23492,11393,26398,627107,083
total assets355,916346,118298,091270,894253,528239,771233,138227,620199,604186,237161,852157,589158,007127,797122,753
Bank overdraft
Bank loan
Trade Creditors 7,69910,5418,1617,3554,9443,9456,42512,9266,4422,9084,0308,3804,032537
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities7,69910,5418,1617,3554,9443,9456,42512,9266,4422,9084,0308,3804,032537
loans14,167
hp & lease commitments
Accruals and Deferred Income
other liabilities20,271
provisions81,29664,24450,24436,24422,24413,19710,3977,5973,3971,99715,56712,76711,3679,967
total long term liabilities81,29664,24450,24436,24422,24413,19710,3977,5973,3971,99715,56714,16733,03811,3679,967
total liabilities88,99574,78558,40543,59927,18817,14216,82220,5239,8394,90519,59722,54733,03815,39910,504
net assets266,921271,333239,686227,295226,340222,629216,316207,097189,765181,332142,255135,042124,969112,398112,249
total shareholders funds266,921271,333239,686227,295226,340222,629216,316207,097189,765181,332142,255135,042124,969112,398112,249
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-4,41239,07015,2981,1794,5817,79411,38126,27810,34549,3259,77413,67116,945112-270
Depreciation
Amortisation
Tax-7,423-2,907-224-870-1,481-2,162-5,264-2,108-10,388-2,155-3,181-4,417-58
Stock
Debtors9,79848,02727,19717,36613,75710,4581,33861,52922,513-9,3932,543-4,827-1,7168,75829,402
Creditors-2,8422,3808062,411999-2,480-6,5016,4843,534-1,122-4,3508,380-4,0323,495537
Accruals and Deferred Income
Deferred Taxes & Provisions17,05214,00014,00014,0009,0472,8002,8004,2001,400-13,57015,567-12,7671,4001,4009,967
Cash flow from operations-3,8254,180-29,831-9,34233,63816,29310,93011,612-3,809-19,168
Investing Activities
capital expenditure-355-50,000-2,193-1,142-732-35,574-13,500-15,670
Change in Investments-50,00050,000
cash flow from investments-355-2,193-51,142-732-35,574-13,500-15,670
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-14,16714,167
Hire Purchase and Lease Commitments
other long term liabilities-20,27120,271
share issue-3,724112,257
interest42196140-406-4174395262
cash flow from financing-3,682196140-14,573-6,52120,31495112,519
cash and cash equivalents
cash-33,513-11,33933,7785783,677-3,648-17,21427,681
overdraft
change in cash-33,513-11,33933,7785783,677-3,648-17,21427,681

andergate 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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Andergate Properties Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for andergate properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in W 2 area or any other competitors across 12 key performance metrics.

andergate properties limited Ownership

ANDERGATE PROPERTIES LIMITED group structure

Andergate Properties Limited has no subsidiary companies.

Ultimate parent company

ANDERGATE PROPERTIES LIMITED

00552988

ANDERGATE PROPERTIES LIMITED Shareholders

helen kyriakides 97.5%
john kyriakides 2.5%

andergate properties limited directors

Andergate Properties Limited currently has 1 director, Mr John Kyriakides serving since Oct 2012.

officercountryagestartendrole
Mr John KyriakidesUnited Kingdom80 years Oct 2012- Director

P&L

February 2024

turnover

457.7k

+18%

operating profit

-4.4k

0%

gross margin

15.6%

-17.14%

turnover

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

Balance Sheet

February 2024

net assets

266.9k

-0.02%

total assets

355.9k

+0.03%

cash

0

0%

net assets

Total assets minus all liabilities

andergate properties limited company details

company number

00552988

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

August 1955

age

70

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

2 queensborough terrace, london, W2 3TA

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

andergate 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 did not find charges/mortgages relating to andergate properties limited.

andergate 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.

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andergate properties limited Companies House Filings - See Documents

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