letsen property investments limited
letsen property investments limited Company Information
Company Number
00757920
Next Accounts
Dec 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
sheila nestel
Group Structure
View All
Contact
Registered Address
247 imperial drive, harrow, middlesex, HA2 7HE
Website
-letsen property investments limited Estimated Valuation
Pomanda estimates the enterprise value of LETSEN PROPERTY INVESTMENTS LIMITED at £3.5m based on a Turnover of £1.3m and 2.63x industry multiple (adjusted for size and gross margin).
letsen property investments limited Estimated Valuation
Pomanda estimates the enterprise value of LETSEN PROPERTY INVESTMENTS LIMITED at £101.8k based on an EBITDA of £19.6k and a 5.19x industry multiple (adjusted for size and gross margin).
letsen property investments limited Estimated Valuation
Pomanda estimates the enterprise value of LETSEN PROPERTY INVESTMENTS LIMITED at £1.1m based on Net Assets of £615.5k and 1.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Letsen Property Investments Limited Overview
Letsen Property Investments Limited is a live company located in middlesex, HA2 7HE with a Companies House number of 00757920. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 1963, it's largest shareholder is sheila nestel with a 100% stake. Letsen Property Investments Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with healthy growth in recent years.
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Letsen Property Investments Limited Health Check
Pomanda's financial health check has awarded Letsen Property Investments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.3m, make it larger than the average company (£922.2k)
- Letsen Property Investments Limited
£922.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (4.9%)
- Letsen Property Investments Limited
4.9% - Industry AVG
Production
with a gross margin of 34.8%, this company has a higher cost of product (75.6%)
- Letsen Property Investments Limited
75.6% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (29.7%)
- Letsen Property Investments Limited
29.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Letsen Property Investments Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)
- Letsen Property Investments Limited
£32.5k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£179.2k)
- Letsen Property Investments Limited
£179.2k - Industry AVG
Debtor Days
it gets paid by customers after 122 days, this is later than average (30 days)
- Letsen Property Investments Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (38 days)
- Letsen Property Investments Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Letsen Property Investments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Letsen Property Investments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.6%, this is a lower level of debt than the average (64%)
2.6% - Letsen Property Investments Limited
64% - Industry AVG
LETSEN PROPERTY INVESTMENTS LIMITED financials
Letsen Property Investments Limited's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of £615.5 thousand. According to their latest financial statements, Letsen Property Investments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 36,770 | 30,900 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 23,711 | 20,559 | |||||||||||||
| Interest Payable | 0 | 0 | |||||||||||||
| Interest Receivable | 449 | 583 | |||||||||||||
| Pre-Tax Profit | 24,160 | 21,142 | |||||||||||||
| Tax | -4,832 | -4,228 | |||||||||||||
| Profit After Tax | 19,328 | 16,914 | |||||||||||||
| Dividends Paid | 12,000 | 10,000 | |||||||||||||
| Retained Profit | 7,328 | 6,914 | |||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | ||||||||||
| EBITDA* | 23,711 | 20,559 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 451,882 | 446,886 | 448,202 | 436,583 | 426,789 | 458,023 | 424,904 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 417,377 | 407,660 | 409,128 | 400,170 | 387,125 | 365,158 | 343,752 | 322,804 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 451,882 | 446,886 | 448,202 | 436,583 | 426,789 | 458,023 | 424,904 | 417,377 | 407,660 | 409,128 | 400,170 | 387,125 | 365,158 | 343,752 | 322,804 |
| total assets | 631,882 | 626,886 | 628,202 | 616,583 | 606,789 | 638,023 | 604,904 | 597,377 | 587,660 | 589,128 | 580,170 | 567,125 | 545,158 | 523,752 | 502,804 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 16,334 | 26,040 | 16,598 | 25,143 | 6,692 | 25,631 | 19,588 | 11,968 | 9,579 | 17,961 | 13,189 | 15,242 | 8,745 | 8,645 | 8,327 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 16,334 | 26,040 | 16,598 | 25,143 | 6,692 | 25,631 | 19,588 | 11,968 | 9,579 | 17,961 | 13,189 | 15,242 | 8,745 | 8,645 | 8,327 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 16,334 | 26,040 | 16,598 | 25,143 | 6,692 | 25,631 | 19,588 | 11,968 | 9,579 | 17,961 | 13,189 | 15,242 | 8,745 | 8,645 | 8,327 |
| net assets | 615,548 | 600,846 | 611,604 | 591,440 | 600,097 | 612,392 | 585,316 | 585,409 | 578,081 | 571,167 | 566,981 | 551,883 | 536,413 | 515,107 | 494,477 |
| total shareholders funds | 615,548 | 600,846 | 611,604 | 591,440 | 600,097 | 612,392 | 585,316 | 585,409 | 578,081 | 571,167 | 566,981 | 551,883 | 536,413 | 515,107 | 494,477 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 23,711 | 20,559 | |||||||||||||
| Depreciation | 0 | 0 | 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 | 0 | 0 |
| Tax | -4,832 | -4,228 | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,996 | -1,316 | 11,619 | 9,794 | -31,234 | 33,119 | 424,904 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -9,706 | 9,442 | -8,545 | 18,451 | -18,939 | 6,043 | 7,620 | 2,389 | -8,382 | 4,772 | -2,053 | 6,497 | 100 | 318 | 8,327 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 21,268 | 7,949 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 449 | 583 | |||||||||||||
| cash flow from financing | 449 | 583 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -417,377 | 9,717 | -1,468 | 8,958 | 13,045 | 21,967 | 21,406 | 20,948 | 322,804 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -417,377 | 9,717 | -1,468 | 8,958 | 13,045 | 21,967 | 21,406 | 20,948 | 322,804 |
letsen property investments limited Credit Report and Business Information
Letsen Property Investments Limited Competitor Analysis
Perform a competitor analysis for letsen property investments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in HA2 area or any other competitors across 12 key performance metrics.
letsen property investments limited Ownership
LETSEN PROPERTY INVESTMENTS LIMITED group structure
Letsen Property Investments Limited has no subsidiary companies.
Ultimate parent company
LETSEN PROPERTY INVESTMENTS LIMITED
00757920
letsen property investments limited directors
Letsen Property Investments Limited currently has 1 director, Mrs Sheila Nestel serving since Aug 2006.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sheila Nestel | 82 years | Aug 2006 | - | Director |
P&L
March 2024turnover
1.3m
+13%
operating profit
19.6k
0%
gross margin
34.8%
+4.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
615.5k
+0.02%
total assets
631.9k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
letsen property investments limited company details
company number
00757920
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
April 1963
age
62
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
247 imperial drive, harrow, middlesex, HA2 7HE
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
letsen property investments 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 letsen property investments limited. Currently there are 2 open charges and 0 have been satisfied in the past.
letsen property investments 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 LETSEN PROPERTY INVESTMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
letsen property investments limited Companies House Filings - See Documents
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