property investments (development) limited

property investments (development) limited Company Information

Share PROPERTY INVESTMENTS (DEVELOPMENT) LIMITED
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Company Number

00669852

Industry

Development of building projects

 

Directors

Meir Gareh

Susan Gareh

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Shareholders

mrs susan shirley gareh

mrs susan shirley gareh & meir noonoo gareh

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Group Structure

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Contact

Registered Address

summit house 170 finchley road, london, NW3 6BP

property investments (development) limited Estimated Valuation

£504.2k

Pomanda estimates the enterprise value of PROPERTY INVESTMENTS (DEVELOPMENT) LIMITED at £504.2k based on a Turnover of £902.7k and 0.56x industry multiple (adjusted for size and gross margin).

property investments (development) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PROPERTY INVESTMENTS (DEVELOPMENT) LIMITED at £0 based on an EBITDA of £-4.2m and a 3.92x industry multiple (adjusted for size and gross margin).

property investments (development) limited Estimated Valuation

£29.9m

Pomanda estimates the enterprise value of PROPERTY INVESTMENTS (DEVELOPMENT) LIMITED at £29.9m based on Net Assets of £19.2m and 1.56x industry multiple (adjusted for liquidity).

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Property Investments (development) Limited Overview

Property Investments (development) Limited is a live company located in london, NW3 6BP with a Companies House number of 00669852. It operates in the development of building projects sector, SIC Code 41100. Founded in September 1960, it's largest shareholder is mrs susan shirley gareh with a 30% stake. Property Investments (development) Limited is a mature, small sized company, Pomanda has estimated its turnover at £902.7k with low growth in recent years.

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Property Investments (development) Limited Health Check

Pomanda's financial health check has awarded Property Investments (Development) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £902.7k, make it smaller than the average company (£2.6m)

£902.7k - Property Investments (development) Limited

£2.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (4.8%)

1% - Property Investments (development) Limited

4.8% - Industry AVG

production

Production

with a gross margin of 26.7%, this company has a comparable cost of product (26.7%)

26.7% - Property Investments (development) Limited

26.7% - Industry AVG

profitability

Profitability

an operating margin of -463.3% make it less profitable than the average company (7%)

-463.3% - Property Investments (development) Limited

7% - Industry AVG

employees

Employees

with 7 employees, this is similar to the industry average (7)

7 - Property Investments (development) Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)

£48.3k - Property Investments (development) Limited

£48.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £129k, this is less efficient (£299.1k)

£129k - Property Investments (development) Limited

£299.1k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Property Investments (development) Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (31 days)

5 days - Property Investments (development) Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Property Investments (development) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)

0 weeks - Property Investments (development) Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3.4%, this is a lower level of debt than the average (73.2%)

3.4% - Property Investments (development) Limited

73.2% - Industry AVG

PROPERTY INVESTMENTS (DEVELOPMENT) LIMITED financials

EXPORTms excel logo

Property Investments (Development) Limited's latest turnover from December 2023 is estimated at £902.7 thousand and the company has net assets of £19.2 million. According to their latest financial statements, Property Investments (Development) Limited has 7 employees and maintains cash reserves of £1.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Jun 2010
Turnover902,6591,126,1991,033,241866,614882,253824,3711,612,8181,071,5882,717,2867,303,6376,285,4204,646,6174,860,8667,386,861
Other Income Or Grants00000000000000
Cost Of Sales661,569826,037773,172637,255639,527580,8761,121,689742,7731,907,6445,188,3104,451,0723,328,9983,531,0565,291,636
Gross Profit241,090300,162260,069229,359242,726243,495491,129328,815809,6412,115,3271,834,3481,317,6191,329,8102,095,226
Admin Expenses4,423,542155,433769,9632,496,913-2,486,76674,962-175,768-768,718-23,888,8591,504,0091,451,467958,240678,116688,944
Operating Profit-4,182,452144,729-509,894-2,267,5542,729,492168,533666,8971,097,53324,698,500611,318382,881359,379651,6941,406,282
Interest Payable0000001151110016,25632,51132,51116,256
Interest Receivable455374661954,4646,5944,2571,3912,5443,2932,7273,2222,626580
Pre-Tax Profit-4,181,997145,102-509,828-2,267,3592,733,956175,127671,0381,098,81324,701,044614,611369,352330,089621,8081,390,606
Tax0-27,56900-519,452-33,274-127,497-219,762-4,940,209-129,068-84,951-79,221-161,670-389,370
Profit After Tax-4,181,997117,533-509,828-2,267,3592,214,504141,853543,541879,05019,760,835485,543284,401250,868460,1381,001,236
Dividends Paid00000000000000
Retained Profit-4,181,997117,533-509,828-2,267,3592,214,504141,853543,541879,05019,760,835485,543284,401250,868460,1381,001,236
Employee Costs338,054369,175362,884356,164348,920301,329254,422337,730335,0401,026,109859,620686,643744,9491,172,490
Number Of Employees7888876882623192135
EBITDA*-4,178,710149,131-504,715-2,261,4622,736,660176,965676,8171,109,20424,712,713628,180402,160381,849692,0431,439,660

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Jun 2010
Tangible Assets19,821,20224,624,94424,629,34624,634,52527,190,61724,197,78524,206,21723,916,13723,209,9403,327,9583,342,8543,362,1333,384,6033,424,952
Intangible Assets00000000000000
Investments & Other36,00036,00036,00036,00041,00061,50061,50061,50061,50061,50061,50061,50061,5000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets19,857,20224,660,94424,665,34624,670,52527,231,61724,259,28524,267,71723,977,63723,271,4403,389,4583,404,3543,423,6333,446,1033,424,952
Stock & work in progress00000000000000
Trade Debtors000000067,332201,165387,791250,309132,11335,05971,900
Group Debtors00000000000000
Misc Debtors7,7235,0139,44246,22141,9528,1019,952280,814343,46700000
Cash1,39815,9475,41347,596342,781847,558910,940791,711320,742696,900620,361470,338818,442231,870
misc current assets00000000000000
total current assets9,12120,96014,85593,817384,733855,659920,8921,139,857865,3741,084,691870,670602,451853,501303,770
total assets19,866,32324,681,90424,680,20124,764,34227,616,35025,114,94425,188,60925,117,49424,136,8144,474,1494,275,0244,026,0844,299,6043,728,722
Bank overdraft00000003,544000000
Bank loan00000000000000
Trade Creditors 9,15642,03722,9641,9272009,200059,28301,268,5691,282,9181,058,8451,312,1641,930,352
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities668,218420,576292,301156,051259,827533,925758,643534,132551,95400000
total current liabilities677,374462,613315,265157,978260,027543,125758,643596,959551,9541,268,5691,282,9181,058,8451,312,1641,930,352
loans00000000000500,174500,174500,174
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities0000000522,590522,590500,174750,174500,000750,0000
provisions6,631854,9761,118,154849,7541,332,354762,354762,354873,874817,249221,220243,289252,823273,892294,960
total long term liabilities6,631854,9761,118,154849,7541,332,354762,354762,3541,396,4641,339,839721,394993,4631,252,9971,524,066795,134
total liabilities684,0051,317,5891,433,4191,007,7321,592,3811,305,4791,520,9971,993,4231,891,7931,989,9632,276,3812,311,8422,836,2302,725,486
net assets19,182,31823,364,31523,246,78223,756,61026,023,96923,809,46523,667,61223,124,07122,245,0212,484,1861,998,6431,714,2421,463,3741,003,236
total shareholders funds19,182,31823,364,31523,246,78223,756,61026,023,96923,809,46523,667,61223,124,07122,245,0212,484,1861,998,6431,714,2421,463,3741,003,236
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Jun 2010
Operating Activities
Operating Profit-4,182,452144,729-509,894-2,267,5542,729,492168,533666,8971,097,53324,698,500611,318382,881359,379651,6941,406,282
Depreciation3,7424,4025,1796,0927,1688,4329,92011,67114,21316,86219,27922,47040,34933,378
Amortisation00000000000000
Tax0-27,56900-519,452-33,274-127,497-219,762-4,940,209-129,068-84,951-79,221-161,670-389,370
Stock00000000000000
Debtors2,710-4,429-36,7794,26933,851-1,851-338,194-196,486156,841137,482118,19697,054-36,84171,900
Creditors-32,88119,07321,0371,727-9,0009,200-59,28359,283-1,268,569-14,349224,073-253,319-618,1881,930,352
Accruals and Deferred Income247,642128,275136,250-103,776-274,098-224,718224,511-17,822551,95400000
Deferred Taxes & Provisions-848,345-263,178268,400-482,600570,0000-111,52056,625596,029-22,069-9,534-21,069-21,068294,960
Cash flow from operations-4,815,00410,161-42,249-2,850,3802,470,259-69,976941,2221,184,01419,495,077325,212413,552-68,814-72,0423,203,702
Investing Activities
capital expenditure4,800,000002,550,000-3,000,0000-300,000-717,868-19,896,195-1,966000-3,458,330
Change in Investments000-5,000-20,500000000061,5000
cash flow from investments4,800,000002,555,000-2,979,5000-300,000-717,868-19,896,195-1,96600-61,500-3,458,330
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans0000000000-500,17400500,174
Hire Purchase and Lease Commitments00000000000000
other long term liabilities000000-522,590022,416-250,000250,174-250,000750,0000
share issue00000000000002,000
interest455374661954,4646,5944,1421,2802,5443,293-13,529-29,289-29,885-15,676
cash flow from financing455374661954,4646,594-518,4481,28024,960-246,707-263,529-279,289720,115486,498
cash and cash equivalents
cash-14,54910,534-42,183-295,185-504,777-63,382119,229470,969-376,15876,539150,023-348,104586,572231,870
overdraft000000-3,5443,544000000
change in cash-14,54910,534-42,183-295,185-504,777-63,382122,773467,425-376,15876,539150,023-348,104586,572231,870

property investments (development) 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 (development) Limited Competitor Analysis

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Perform a competitor analysis for property investments (development) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NW3 area or any other competitors across 12 key performance metrics.

property investments (development) limited Ownership

PROPERTY INVESTMENTS (DEVELOPMENT) LIMITED group structure

Property Investments (Development) Limited has no subsidiary companies.

Ultimate parent company

PROPERTY INVESTMENTS (DEVELOPMENT) LIMITED

00669852

PROPERTY INVESTMENTS (DEVELOPMENT) LIMITED Shareholders

mrs susan shirley gareh 30%
mrs susan shirley gareh & meir noonoo gareh 25%
benjamin meir gareh 15%
daniel meir gareh 15%
melinda grace gareh 15%

property investments (development) limited directors

Property Investments (Development) Limited currently has 4 directors. The longest serving directors include Mr Meir Gareh (Dec 1991) and Mrs Susan Gareh (Dec 1991).

officercountryagestartendrole
Mr Meir GarehUnited Kingdom91 years Dec 1991- Director
Mrs Susan GarehUnited Kingdom77 years Dec 1991- Director
Mr Benjamin GarehUnited Kingdom50 years Dec 2023- Director
Mr Daniel GarehUnited Kingdom49 years Mar 2024- Director

P&L

December 2023

turnover

902.7k

-20%

operating profit

-4.2m

0%

gross margin

26.8%

+0.21%

turnover

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

Balance Sheet

December 2023

net assets

19.2m

-0.18%

total assets

19.9m

-0.2%

cash

1.4k

-0.91%

net assets

Total assets minus all liabilities

property investments (development) limited company details

company number

00669852

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

September 1960

age

64

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

property investments (lincolnshire) limited (December 1982)

accountant

-

auditor

-

address

summit house 170 finchley road, london, NW3 6BP

Bank

-

Legal Advisor

-

property investments (development) 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 18 charges/mortgages relating to property investments (development) limited. Currently there are 0 open charges and 18 have been satisfied in the past.

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

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