russmore property company limited
russmore property company limited Company Information
Company Number
00688487
Website
-Registered Address
ion building - unit 1, waldo works, london, NW10 6AW
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Directors
Robert Thompson13 Years
Shareholders
modelgate ltd 100%
russmore property company limited Estimated Valuation
Pomanda estimates the enterprise value of RUSSMORE PROPERTY COMPANY LIMITED at £434k based on a Turnover of £190.2k and 2.28x industry multiple (adjusted for size and gross margin).
russmore property company limited Estimated Valuation
Pomanda estimates the enterprise value of RUSSMORE PROPERTY COMPANY LIMITED at £944.5k based on an EBITDA of £157.5k and a 6x industry multiple (adjusted for size and gross margin).
russmore property company limited Estimated Valuation
Pomanda estimates the enterprise value of RUSSMORE PROPERTY COMPANY LIMITED at £4.1m based on Net Assets of £2.8m and 1.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Russmore Property Company Limited Overview
Russmore Property Company Limited is a live company located in london, NW10 6AW with a Companies House number of 00688487. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 1961, it's largest shareholder is modelgate ltd with a 100% stake. Russmore Property Company Limited is a mature, micro sized company, Pomanda has estimated its turnover at £190.2k with declining growth in recent years.
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Russmore Property Company Limited Health Check
Pomanda's financial health check has awarded Russmore Property Company Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £190.2k, make it smaller than the average company (£871.1k)
- Russmore Property Company Limited
£871.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (2.1%)
- Russmore Property Company Limited
2.1% - Industry AVG
Production
with a gross margin of 69.2%, this company has a comparable cost of product (69.2%)
- Russmore Property Company Limited
69.2% - Industry AVG
Profitability
an operating margin of 82.8% make it more profitable than the average company (36.5%)
- Russmore Property Company Limited
36.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Russmore Property Company Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.3k, the company has an equivalent pay structure (£36.3k)
- Russmore Property Company Limited
£36.3k - Industry AVG
Efficiency
resulting in sales per employee of £190.2k, this is equally as efficient (£183.3k)
- Russmore Property Company Limited
£183.3k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is later than average (24 days)
- Russmore Property Company Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (32 days)
- Russmore Property Company Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Russmore Property Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (8 weeks)
5 weeks - Russmore Property Company Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.6%, this is a lower level of debt than the average (64.1%)
53.6% - Russmore Property Company Limited
64.1% - Industry AVG
RUSSMORE PROPERTY COMPANY LIMITED financials
Russmore Property Company Limited's latest turnover from February 2023 is estimated at £190.2 thousand and the company has net assets of £2.8 million. According to their latest financial statements, Russmore Property Company Limited has 1 employee and maintains cash reserves of £60.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | |||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 6,267,024 | 106,477 | 254,981 | |||||||||||
| Interest Payable | 152 | 145 | 0 | |||||||||||
| Interest Receivable | 135 | 10,245 | 21,689 | |||||||||||
| Pre-Tax Profit | 6,267,159 | 116,722 | 276,670 | |||||||||||
| Tax | -942,087 | -28,720 | -57,713 | |||||||||||
| Profit After Tax | 5,325,072 | 88,002 | 218,957 | |||||||||||
| Dividends Paid | 8,700,000 | 0 | 0 | |||||||||||
| Retained Profit | -3,374,928 | 88,002 | 218,957 | |||||||||||
| Employee Costs | 0 | 67,012 | ||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* | 6,267,024 | 106,477 | 254,981 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 3,725,480 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,800,000 | 3,800,000 | 3,800,000 | 3,800,000 | 2,775,480 | 0 | 1,295,000 | 1,295,000 | 1,294,000 | 620,000 | 620,000 | 620,000 | 6,235,000 | 6,235,000 |
| Debtors (Due After 1 year) | 378,305 | 360,948 | 295,962 | 209,309 | 75,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,178,305 | 4,160,948 | 4,095,962 | 4,009,309 | 2,850,480 | 3,725,480 | 1,295,000 | 1,295,000 | 1,294,000 | 620,000 | 620,000 | 620,000 | 6,235,000 | 6,235,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 19,922 | 97,700 | 81,878 | 30,824 | 29,098 | 44,759 | 11,687 | 98,150 | 92,666 | 720,351 | 703,851 | 7,000 | 28,791 | 19,068 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 530,191 | 0 | 0 |
| Misc Debtors | 1,768,651 | 1,784,128 | 1,747,567 | 796,128 | 701,295 | 477,763 | 95,061 | 0 | 0 | 0 | 0 | 276,882 | 1,672 | 0 |
| Cash | 60,322 | 61,364 | 78,872 | 770,833 | 1,338,190 | 876,532 | 679 | 90 | 1,261 | 349 | 46,578 | 155,869 | 2,021,868 | 1,857,373 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,848,895 | 1,943,192 | 1,908,317 | 1,597,785 | 2,068,583 | 1,399,054 | 107,427 | 98,240 | 93,927 | 720,700 | 750,429 | 969,942 | 2,052,331 | 1,876,441 |
| total assets | 6,027,200 | 6,104,140 | 6,004,279 | 5,607,094 | 4,919,063 | 5,124,534 | 1,402,427 | 1,393,240 | 1,387,927 | 1,340,700 | 1,370,429 | 1,589,942 | 8,287,331 | 8,111,441 |
| Bank overdraft | 15,445 | 18,888 | 18,000 | 99,629 | 83,481 | 83,481 | 21,396 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 836 | 835 | 16,149 | 8,017 | 4,567 | 1,483 | 331 | 427,502 | 422,882 | 378,339 | 788,711 | 3,663 | 202,373 | 65,021 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 28,245 | 0 | 0 | 0 | 0 | 20,666 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 509,065 | 514,406 | 521,896 | 157,180 | 397,626 | 562,943 | 379,554 | 0 | 0 | 0 | 0 | 1,005,542 | 121,752 | 171,216 |
| total current liabilities | 525,346 | 534,129 | 556,045 | 264,826 | 485,674 | 647,907 | 429,526 | 427,502 | 422,882 | 378,339 | 788,711 | 1,029,871 | 324,125 | 236,237 |
| loans | 2,187,813 | 2,208,016 | 2,228,144 | 1,211,925 | 1,257,219 | 1,284,915 | 367,424 | 369,792 | 296,715 | 308,465 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 321,890 | 308,290 | 275,990 | 1,155,246 | 1,174,816 | 1,174,816 | 0 | 0 | 85,584 | 85,584 | 0 | 0 | 0 | 0 |
| provisions | 194,659 | 194,659 | 194,659 | 194,659 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,704,362 | 2,710,965 | 2,698,793 | 2,561,830 | 2,432,035 | 2,459,731 | 367,424 | 369,792 | 382,299 | 394,049 | 0 | 0 | 0 | 0 |
| total liabilities | 3,229,708 | 3,245,094 | 3,254,838 | 2,826,656 | 2,917,709 | 3,107,638 | 796,950 | 797,294 | 805,181 | 772,388 | 788,711 | 1,029,871 | 324,125 | 236,237 |
| net assets | 2,797,492 | 2,859,046 | 2,749,441 | 2,780,438 | 2,001,354 | 2,016,896 | 605,477 | 595,946 | 582,746 | 568,312 | 581,718 | 560,071 | 7,963,206 | 7,875,204 |
| total shareholders funds | 2,797,492 | 2,859,046 | 2,749,441 | 2,780,438 | 2,001,354 | 2,016,896 | 605,477 | 595,946 | 582,746 | 568,312 | 581,718 | 560,071 | 7,963,206 | 7,875,204 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 6,267,024 | 106,477 | 254,981 | |||||||||||
| Depreciation | 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 | |
| Tax | -942,087 | -28,720 | -57,713 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -75,898 | 117,369 | 1,089,146 | 230,868 | 282,871 | 415,774 | 8,598 | 5,484 | -627,685 | 16,500 | -110,222 | 783,610 | 11,395 | 19,068 |
| Creditors | 1 | -15,314 | 8,132 | 3,450 | 3,084 | 1,152 | -427,171 | 4,620 | 44,543 | -410,372 | 785,048 | -198,710 | 137,352 | 65,021 |
| Accruals and Deferred Income | -5,341 | -7,490 | 364,716 | -240,446 | -165,317 | 183,389 | 379,554 | 0 | 0 | 0 | -1,005,542 | 883,790 | -49,464 | 171,216 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 194,659 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 5,226,407 | 154,250 | 414,437 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 1,024,520 | 2,775,480 | -1,295,000 | 0 | 1,000 | 674,000 | 0 | 0 | -5,615,000 | 0 | 6,235,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -28,245 | 28,245 | 0 | 0 | 0 | -20,666 | 20,666 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -20,203 | -20,128 | 1,016,219 | -45,294 | -27,696 | 917,491 | -2,368 | 73,077 | -11,750 | 308,465 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 13,600 | 32,300 | -879,256 | -19,570 | 0 | 1,174,816 | 0 | -85,584 | 0 | 85,584 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -17 | 10,100 | 21,689 | |||||||||||
| cash flow from financing | -4,007,558 | 10,100 | 7,677,936 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -1,042 | -17,508 | -691,961 | -567,357 | 461,658 | 875,853 | 589 | -1,171 | 912 | -46,229 | -109,291 | -1,865,999 | 164,495 | 1,857,373 |
| overdraft | -3,443 | 888 | -81,629 | 16,148 | 0 | 62,085 | 21,396 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,401 | -18,396 | -610,332 | -583,505 | 461,658 | 813,768 | -20,807 | -1,171 | 912 | -46,229 | -109,291 | -1,865,999 | 164,495 | 1,857,373 |
russmore property company limited Credit Report and Business Information
Russmore Property Company Limited Competitor Analysis
Perform a competitor analysis for russmore property company limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NW10 area or any other competitors across 12 key performance metrics.
russmore property company limited Ownership
RUSSMORE PROPERTY COMPANY LIMITED group structure
Russmore Property Company Limited has no subsidiary companies.
russmore property company limited directors
Russmore Property Company Limited currently has 1 director, Mr Robert Thompson serving since Mar 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Thompson | United Kingdom | 62 years | Mar 2011 | - | Director |
P&L
February 2023turnover
190.2k
-70%
operating profit
157.5k
0%
gross margin
69.3%
+2.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
2.8m
-0.02%
total assets
6m
-0.01%
cash
60.3k
-0.02%
net assets
Total assets minus all liabilities
russmore property company limited company details
company number
00688487
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
March 1961
age
63
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
February 2023
address
ion building - unit 1, waldo works, london, NW10 6AW
accountant
-
auditor
-
russmore property company 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 10 charges/mortgages relating to russmore property company limited. Currently there are 3 open charges and 7 have been satisfied in the past.
russmore property company limited Companies House Filings - See Documents
| date | description | view/download |
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