property investments (romford) limited

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property investments (romford) limited Company Information

Share PROPERTY INVESTMENTS (ROMFORD) LIMITED

Company Number

00611685

Shareholders

david piggott

keith piggott

Group Structure

View All

Industry

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

 

Registered Address

1st floor county house, 100 new london road, chelmsford, essex, CM2 0RG

Website

-

property investments (romford) limited Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of PROPERTY INVESTMENTS (ROMFORD) LIMITED at £3.2m based on a Turnover of £1.3m and 2.44x industry multiple (adjusted for size and gross margin).

property investments (romford) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PROPERTY INVESTMENTS (ROMFORD) LIMITED at £0 based on an EBITDA of £-58.8k and a 4.77x industry multiple (adjusted for size and gross margin).

property investments (romford) limited Estimated Valuation

£910.6k

Pomanda estimates the enterprise value of PROPERTY INVESTMENTS (ROMFORD) LIMITED at £910.6k based on Net Assets of £521.5k and 1.75x industry multiple (adjusted for liquidity).

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Property Investments (romford) Limited Overview

Property Investments (romford) Limited is a live company located in chelmsford, CM2 0RG with a Companies House number of 00611685. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 1958, it's largest shareholder is david piggott with a 53.4% stake. Property Investments (romford) Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with low growth in recent years.

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Property Investments (romford) Limited Health Check

Pomanda's financial health check has awarded Property Investments (Romford) 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 £1.3m, make it larger than the average company (£849.6k)

£1.3m - Property Investments (romford) Limited

£849.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2.8%)

1% - Property Investments (romford) Limited

2.8% - Industry AVG

production

Production

with a gross margin of 29.4%, this company has a higher cost of product (72.4%)

29.4% - Property Investments (romford) Limited

72.4% - Industry AVG

profitability

Profitability

an operating margin of -4.5% make it less profitable than the average company (27.7%)

-4.5% - Property Investments (romford) Limited

27.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Property Investments (romford) Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)

£31.9k - Property Investments (romford) Limited

£31.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £649.2k, this is more efficient (£179.2k)

£649.2k - Property Investments (romford) Limited

£179.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 137 days, this is later than average (33 days)

137 days - Property Investments (romford) Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 60 days, this is slower than average (34 days)

60 days - Property Investments (romford) Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Property Investments (romford) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Property Investments (romford) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22.6%, this is a lower level of debt than the average (67.9%)

22.6% - Property Investments (romford) Limited

67.9% - Industry AVG

PROPERTY INVESTMENTS (ROMFORD) LIMITED financials

EXPORTms excel logo

Property Investments (Romford) Limited's latest turnover from September 2023 is estimated at £1.3 million and the company has net assets of £521.5 thousand. According to their latest financial statements, Property Investments (Romford) Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover1,298,4751,406,8931,224,8281,257,1081,443,7151,259,5541,204,8911,711,5581,604,906167,140179,935196,393217,987155,406
Other Income Or Grants
Cost Of Sales917,3231,012,215903,332901,6731,028,284886,253818,6151,153,4691,142,312121,403133,701144,230159,008108,860
Gross Profit381,152394,677321,496355,434415,431373,301386,276558,090462,59445,73746,23452,16358,98046,546
Admin Expenses439,949297,761348,332293,050425,102351,427490,506506,000242,01532,412145,274-39,435-165,33524,396-255,157
Operating Profit-58,79796,916-26,83662,384-9,67121,874-104,23052,090220,57913,325-99,04091,598224,31522,150255,157
Interest Payable
Interest Receivable111,0132,0002,2392,4081,9961,431613
Pre-Tax Profit-58,79796,916-26,83662,384-9,67121,874-104,23052,101221,59315,325-96,80194,007226,31123,581255,771
Tax-18,414-11,853-4,156-10,420-44,318-3,218-22,562-58,841-6,603-71,616
Profit After Tax-58,79778,502-26,83650,531-9,67117,718-104,23041,681177,27412,107-96,80171,445167,47016,978184,155
Dividends Paid
Retained Profit-58,79778,502-26,83650,531-9,67117,718-104,23041,681177,27412,107-96,80171,445167,47016,978184,155
Employee Costs63,76061,21856,80155,39257,23854,74351,985159,211132,57925,34124,18024,41223,92824,509
Number Of Employees22222226511111
EBITDA*-58,79796,916-26,83662,384-9,67121,874-104,23052,090220,57926,437-85,92898,154232,51830,427263,430

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets183,551199,050214,554230,065175,835189,585199,340310,982269,828282,940296,052309,164271,472279,675287,952
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets183,551199,050214,554230,065175,835189,585199,340310,982269,828282,940296,052309,164271,472279,675287,952
Stock & work in progress
Trade Debtors490,431528,794468,202426,951456,257427,017401,970401,313376,64121,70623,39228,02933,89520,58014,441
Group Debtors
Misc Debtors8,2047,0838,2378,607
Cash8,766396,541403,585492,009471,362326,848245,358
misc current assets9,5318,6568,362
total current assets490,431536,998475,285435,188464,864436,548410,626409,675385,407418,247426,977520,038505,257347,428259,799
total assets673,982736,048689,839665,253640,699626,133609,966720,657655,235701,187723,029829,202776,729627,103547,751
Bank overdraft
Bank loan
Trade Creditors 152,456155,725188,018136,596162,573138,336139,887146,348122,607199,941233,890243,262262,234280,078217,704
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities152,456155,725188,018136,596162,573138,336139,887146,348122,607199,941233,890243,262262,234280,078217,704
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities152,456155,725188,018136,596162,573138,336139,887146,348122,607199,941233,890243,262262,234280,078217,704
net assets521,526580,323501,821528,657478,126487,797470,079574,309532,628501,246489,139585,940514,495347,025330,047
total shareholders funds521,526580,323501,821528,657478,126487,797470,079574,309532,628501,246489,139585,940514,495347,025330,047
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit-58,79796,916-26,83662,384-9,67121,874-104,23052,090220,57913,325-99,04091,598224,31522,150255,157
Depreciation13,11213,1126,5568,2038,2778,273
Amortisation
Tax-18,414-11,853-4,156-10,420-44,318-3,218-22,562-58,841-6,603-71,616
Stock
Debtors-46,56761,71340,097-29,67637,84725,04765724,672354,935-1,686-4,637-5,86613,3156,13914,441
Creditors-3,269-32,29351,422-25,97724,237-1,551-6,46123,741-77,334-33,949-9,372-18,972-17,84462,374217,704
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-15,499-15,504-15,51154,230-23,281-8,880-111,34840,739-256,008-9,044-90,66362,486142,51880,059395,077
Investing Activities
capital expenditure15,49915,50415,511-54,23013,7509,755111,642-41,15413,112-44,248-296,225
Change in Investments
cash flow from investments15,49915,50415,511-54,23013,7509,755111,642-41,15413,112-44,248-296,225
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-145,892145,892
interest111,0132,0002,2392,4081,9961,431613
cash flow from financing11-144,8792,0002,2392,4081,9961,431146,505
cash and cash equivalents
cash-8,766-387,775-7,044-88,42420,647144,51481,490245,358
overdraft
change in cash-8,766-387,775-7,044-88,42420,647144,51481,490245,358

property investments (romford) 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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Property Investments (romford) Limited Competitor Analysis

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Perform a competitor analysis for property investments (romford) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in CM2 area or any other competitors across 12 key performance metrics.

property investments (romford) limited Ownership

PROPERTY INVESTMENTS (ROMFORD) LIMITED group structure

Property Investments (Romford) Limited has no subsidiary companies.

Ultimate parent company

PROPERTY INVESTMENTS (ROMFORD) LIMITED

00611685

PROPERTY INVESTMENTS (ROMFORD) LIMITED Shareholders

david piggott 53.43%
keith piggott 46.58%

property investments (romford) limited directors

Property Investments (Romford) Limited currently has 2 directors. The longest serving directors include Mr Keith Piggott (Dec 1991) and Mr David Piggott (Dec 1991).

officercountryagestartendrole
Mr Keith Piggott81 years Dec 1991- Director
Mr David PiggottUnited Kingdom78 years Dec 1991- Director

P&L

September 2023

turnover

1.3m

-8%

operating profit

-58.8k

0%

gross margin

29.4%

+4.64%

turnover

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

Balance Sheet

September 2023

net assets

521.5k

-0.1%

total assets

674k

-0.08%

cash

0

0%

net assets

Total assets minus all liabilities

property investments (romford) limited company details

company number

00611685

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

September 1958

age

67

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

RICKARDLUCKIN

auditor

-

address

1st floor county house, 100 new london road, chelmsford, essex, CM2 0RG

Bank

-

Legal Advisor

-

property investments (romford) 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 2 charges/mortgages relating to property investments (romford) limited. Currently there are 1 open charges and 1 have been satisfied in the past.

property investments (romford) 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 PROPERTY INVESTMENTS (ROMFORD) LIMITED. This can take several minutes, an email will notify you when this has completed.

property investments (romford) limited Companies House Filings - See Documents

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