greystead properties limited

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greystead properties limited Company Information

Share GREYSTEAD PROPERTIES LIMITED

Company Number

00732789

Directors

Michael Bates

Allan Salem

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Shareholders

thomas bates & son limited - a/cs only

trustees of joshua bates & jim clark & michael bates zoe trust

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Group Structure

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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

the old brickworks, church road harold wood, romford, essex, RM3 0JA

Website

-

greystead properties limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of GREYSTEAD PROPERTIES LIMITED at £1.2m based on a Turnover of £359k and 3.4x industry multiple (adjusted for size and gross margin).

greystead properties limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GREYSTEAD PROPERTIES LIMITED at £0 based on an EBITDA of £-65.9k and a 6.64x industry multiple (adjusted for size and gross margin).

greystead properties limited Estimated Valuation

£33.5m

Pomanda estimates the enterprise value of GREYSTEAD PROPERTIES LIMITED at £33.5m based on Net Assets of £19.2m and 1.75x industry multiple (adjusted for liquidity).

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Greystead Properties Limited Overview

Greystead Properties Limited is a live company located in romford, RM3 0JA with a Companies House number of 00732789. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 1962, it's largest shareholder is thomas bates & son limited - a/cs only with a 25% stake. Greystead Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £359k with declining growth in recent years.

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Greystead Properties Limited Health Check

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

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £359k, make it smaller than the average company (£918.1k)

£359k - Greystead Properties Limited

£918.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (4.9%)

-5% - Greystead Properties Limited

4.9% - Industry AVG

production

Production

with a gross margin of 75.5%, this company has a comparable cost of product (75.5%)

75.5% - Greystead Properties Limited

75.5% - Industry AVG

profitability

Profitability

an operating margin of -18.3% make it less profitable than the average company (29.4%)

-18.3% - Greystead Properties Limited

29.4% - Industry AVG

employees

Employees

with 6 employees, this is above the industry average (4)

6 - Greystead Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)

£32.3k - Greystead Properties Limited

£32.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £59.8k, this is less efficient (£177.7k)

£59.8k - Greystead Properties Limited

£177.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 10 days, this is earlier than average (30 days)

10 days - Greystead Properties Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 41 days, this is close to average (38 days)

41 days - Greystead Properties Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Greystead Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 212 weeks, this is more cash available to meet short term requirements (11 weeks)

212 weeks - Greystead Properties Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 23.6%, this is a lower level of debt than the average (64.5%)

23.6% - Greystead Properties Limited

64.5% - Industry AVG

GREYSTEAD PROPERTIES LIMITED financials

EXPORTms excel logo

Greystead Properties Limited's latest turnover from March 2024 is estimated at £359 thousand and the company has net assets of £19.2 million. According to their latest financial statements, Greystead Properties Limited has 6 employees and maintains cash reserves of £572.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover359,012450,413352,537414,934435,127397,739446,025340,575394,388654,377484,158454,664621,213391,645422,091
Other Income Or Grants
Cost Of Sales88,007113,15887,991103,467113,041106,558112,04786,471112,522221,737158,873139,935190,601125,522131,266
Gross Profit271,005337,256264,547311,467322,086291,181333,978254,104281,866432,640325,285314,729430,611266,123290,824
Admin Expenses336,8741,752,690-1,816,824-809,030288,006512,91727,621-3,404,679-17,399,328367,678298,749308,530377,097153,323-575,612
Operating Profit-65,869-1,415,4342,081,3711,120,49734,080-221,736306,3573,658,78317,681,19464,96226,5366,19953,514112,800866,436
Interest Payable
Interest Receivable33,03628,7625,4877817264,9433,1221,4252,3091,9121,7951,7761,6861,232435
Pre-Tax Profit-32,833-1,386,6722,086,8581,121,27834,806-216,793309,4793,660,20817,683,50366,87328,3317,97555,200114,032866,871
Tax-396,503-213,043-6,613-58,801-732,041-3,536,700-14,043-6,516-1,914-14,352-31,929-242,724
Profit After Tax-32,833-1,386,6721,690,355908,23528,193-216,793250,6782,928,16614,146,80252,83021,8156,06140,84882,103624,147
Dividends Paid
Retained Profit-32,833-1,386,6721,690,355908,23528,193-216,793250,6782,928,16614,146,80252,83021,8156,06140,84882,103624,147
Employee Costs193,965182,226177,531161,152164,359162,169130,462127,862105,018130,24799,09795,914119,73170,00074,565
Number Of Employees666666554544533
EBITDA*-65,869-1,415,4342,081,3711,120,49734,080-221,736306,3573,658,78317,681,19464,96226,5366,19953,514112,800866,436

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets21,100,68821,428,43821,428,43817,867,71917,867,71911,147,00011,147,00011,147,00011,147,00011,147,000
Intangible Assets
Investments & Other24,489,84324,389,34324,389,34322,173,76421,118,73818,05018,05018,05018,05018,05018,05018,05018,05018,05018,050
Debtors (Due After 1 year)
Total Fixed Assets24,489,84324,389,34324,389,34322,173,76421,118,73821,118,73821,446,48821,446,48817,885,76917,885,76911,165,05011,165,05011,165,05011,165,05011,165,050
Stock & work in progress
Trade Debtors9,88228,17920,01636,00932,75625,05441,77022,53833,03156,83742,53041,14157,95733,54440,962
Group Debtors
Misc Debtors13,3205404,1407,74011,88014,94014,400680
Cash572,402686,100667,426795,769765,790686,770631,420617,360522,472400,984363,654354,431355,819318,731173,919
misc current assets
total current assets595,604714,819691,582839,518810,426726,764687,590639,898556,183457,821406,184395,572413,776352,275214,881
total assets25,085,44725,104,16225,080,92523,013,28221,929,16421,845,50222,134,07822,086,38618,441,95218,343,59011,571,23411,560,62211,578,82611,517,32511,379,931
Bank overdraft
Bank loan
Trade Creditors 9,96511,92811,18613,48412,2029,75911,51820,17511,83296,35497,547108,750133,015112,36257,071
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities129,818113,73790,985132,359158,213105,187112,93897,62494,387
total current liabilities139,783125,665102,171145,843170,415114,946124,456117,799106,21996,35497,547108,750133,015112,36257,071
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions5,776,7295,776,7294,390,3143,969,3543,768,8993,768,8993,831,1724,040,8153,336,127
total long term liabilities5,776,7295,776,7294,390,3143,969,3543,768,8993,768,8993,831,1724,040,8153,336,127
total liabilities5,916,5125,902,3944,492,4854,115,1973,939,3143,883,8453,955,6284,158,6143,442,34696,35497,547108,750133,015112,36257,071
net assets19,168,93519,201,76820,588,44018,898,08517,989,85017,961,65718,178,45017,927,77214,999,60618,247,23611,473,68711,451,87211,445,81111,404,96311,322,860
total shareholders funds19,168,93519,201,76820,588,44018,898,08517,989,85017,961,65718,178,45017,927,77214,999,60618,247,23611,473,68711,451,87211,445,81111,404,96311,322,860
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-65,869-1,415,4342,081,3711,120,49734,080-221,736306,3573,658,78317,681,19464,96226,5366,19953,514112,800866,436
Depreciation
Amortisation
Tax-396,503-213,043-6,613-58,801-732,041-3,536,700-14,043-6,516-1,914-14,352-31,929-242,724
Stock
Debtors-5,5174,563-19,593-8874,642-16,17633,632-11,173-23,12614,3071,389-16,81624,413-7,41840,962
Creditors-1,963742-2,2981,2822,443-1,759-8,6578,343-84,522-1,193-11,203-24,26520,65355,29157,071
Accruals and Deferred Income16,08122,752-41,374-25,85453,026-7,75115,3143,23794,387
Deferred Taxes & Provisions1,386,415420,960200,455-62,273-209,643704,6883,336,127
Cash flow from operations-46,234-10,0882,081,7491,084,22478,294-277,34310,9383,654,18317,513,61235,4197,428-3,16435,402143,580639,821
Investing Activities
capital expenditure21,100,688327,750-3,560,719-6,720,719-11,147,000
Change in Investments100,5002,215,5791,055,02621,100,68818,050
cash flow from investments-100,500-2,215,579-1,055,026327,750-3,560,719-6,720,719-11,165,050
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-17,394,4326,720,71910,698,713
interest33,03628,7625,4877817264,9433,1221,4252,3091,9121,7951,7761,6861,232435
cash flow from financing33,03628,7625,4877817264,9433,1221,425-17,392,1236,722,6311,7951,7761,6861,23210,699,148
cash and cash equivalents
cash-113,69818,674-128,34329,97979,02055,35014,06094,888121,48837,3309,223-1,38837,088144,812173,919
overdraft
change in cash-113,69818,674-128,34329,97979,02055,35014,06094,888121,48837,3309,223-1,38837,088144,812173,919

greystead 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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Greystead Properties Limited Competitor Analysis

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Perform a competitor analysis for greystead properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in RM3 area or any other competitors across 12 key performance metrics.

greystead properties limited Ownership

GREYSTEAD PROPERTIES LIMITED group structure

Greystead Properties Limited has no subsidiary companies.

Ultimate parent company

GREYSTEAD PROPERTIES LIMITED

00732789

GREYSTEAD PROPERTIES LIMITED Shareholders

thomas bates & son limited - a/cs only 25%
trustees of joshua bates & jim clark & michael bates zoe trust 25%
irene yolande krantz 23.8%
antony maurice salem 6.4%
ruth marie salem 5.7%
caroline sara krantz 5.4%
jeremy robert maurice krantz 5.4%
allan robert salem 3.3%

greystead properties limited directors

Greystead Properties Limited currently has 6 directors. The longest serving directors include Mr Michael Bates (Jul 1991) and Dr Allan Salem (Feb 1997).

officercountryagestartendrole
Mr Michael Bates88 years Jul 1991- Director
Dr Allan Salem80 years Feb 1997- Director
Ms Zoe Warren61 years Oct 2001- Director
Mr Joshua Bates56 years Oct 2001- Director
Mrs Irene Krantz84 years Nov 2006- Director
Mr Jeremy KrantzUnited Kingdom56 years Jan 2019- Director

P&L

March 2024

turnover

359k

-20%

operating profit

-65.9k

0%

gross margin

75.5%

+0.81%

turnover

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

Balance Sheet

March 2024

net assets

19.2m

0%

total assets

25.1m

0%

cash

572.4k

-0.17%

net assets

Total assets minus all liabilities

greystead properties limited company details

company number

00732789

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

August 1962

age

63

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

March 2024

previous names

N/A

accountant

EDMUND CARR LLP

auditor

-

address

the old brickworks, church road harold wood, romford, essex, RM3 0JA

Bank

BARCLAYS BANK PLC

Legal Advisor

-

greystead 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 greystead properties limited.

greystead 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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greystead properties limited Companies House Filings - See Documents

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