city, west end & suburban shop property company limited

city, west end & suburban shop property company limited Company Information

Share CITY, WEST END & SUBURBAN SHOP PROPERTY COMPANY LIMITED
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Company Number

01075332

Industry

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

 

Shareholders

dorrington properties plc

Group Structure

View All

Contact

Registered Address

16 hans road, london, SW3 1RT

city, west end & suburban shop property company limited Estimated Valuation

£17.9m

Pomanda estimates the enterprise value of CITY, WEST END & SUBURBAN SHOP PROPERTY COMPANY LIMITED at £17.9m based on a Turnover of £4.2m and 4.22x industry multiple (adjusted for size and gross margin).

city, west end & suburban shop property company limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CITY, WEST END & SUBURBAN SHOP PROPERTY COMPANY LIMITED at £0 based on an EBITDA of £-11.7m and a 8.33x industry multiple (adjusted for size and gross margin).

city, west end & suburban shop property company limited Estimated Valuation

£8.8m

Pomanda estimates the enterprise value of CITY, WEST END & SUBURBAN SHOP PROPERTY COMPANY LIMITED at £8.8m based on Net Assets of £5.2m and 1.71x industry multiple (adjusted for liquidity).

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City, West End & Suburban Shop Property Company Limited Overview

City, West End & Suburban Shop Property Company Limited is a live company located in london, SW3 1RT with a Companies House number of 01075332. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 1972, it's largest shareholder is dorrington properties plc with a 100% stake. City, West End & Suburban Shop Property Company Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.2m with low growth in recent years.

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City, West End & Suburban Shop Property Company Limited Health Check

Pomanda's financial health check has awarded City, West End & Suburban Shop Property Company Limited a 2.5 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 Rating2.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £4.2m, make it larger than the average company (£1.1m)

£4.2m - City, West End & Suburban Shop Property Company Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (3.6%)

1% - City, West End & Suburban Shop Property Company Limited

3.6% - Industry AVG

production

Production

with a gross margin of 88.5%, this company has a lower cost of product (70.8%)

88.5% - City, West End & Suburban Shop Property Company Limited

70.8% - Industry AVG

profitability

Profitability

an operating margin of -275.5% make it less profitable than the average company (21.5%)

-275.5% - City, West End & Suburban Shop Property Company Limited

21.5% - Industry AVG

employees

Employees

with 22 employees, this is above the industry average (4)

22 - City, West End & Suburban Shop Property Company Limited

4 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - City, West End & Suburban Shop Property Company Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £192.8k, this is equally as efficient (£201.3k)

£192.8k - City, West End & Suburban Shop Property Company Limited

£201.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 118 days, this is later than average (33 days)

118 days - City, West End & Suburban Shop Property Company Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 726 days, this is slower than average (35 days)

726 days - City, West End & Suburban Shop Property Company Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - City, West End & Suburban Shop Property Company Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - City, West End & Suburban Shop Property Company Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 94.3%, this is a higher level of debt than the average (71.2%)

94.3% - City, West End & Suburban Shop Property Company Limited

71.2% - Industry AVG

CITY, WEST END & SUBURBAN SHOP PROPERTY COMPANY LIMITED financials

EXPORTms excel logo

City, West End & Suburban Shop Property Company Limited's latest turnover from December 2023 is £4.2 million and the company has net assets of £5.2 million. According to their latest financial statements, we estimate that City, West End & Suburban Shop Property Company Limited has 22 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover4,241,8504,174,7803,971,4454,090,3584,048,5963,271,5822,942,6842,059,9701,782,2391,732,303869,964494,875742,834730,555738,106
Other Income Or Grants000000000000000
Cost Of Sales488,920448,580367,904352,211332,926107,299323,060134,201149,597156,052399,345169,60643,08927,99132,852
Gross Profit3,752,9303,726,2003,603,5413,738,1473,715,6703,164,2832,619,6241,925,7691,632,6421,576,251470,619325,269699,745702,564705,254
Admin Expenses15,439,8275,036,453264,8075,938,154-3,429,6901,528,068-1,467,101-493,169-8,294,511-12,163,3094,8424,5054,2446,6894,122
Operating Profit-11,686,897-1,310,2533,338,734-2,200,0077,145,3601,636,2154,086,7252,418,9389,927,15313,739,560465,777320,764695,501695,875701,132
Interest Payable1,623,8772,099,6901,273,9521,217,3771,403,4761,303,1231,041,419500,441369,535664,156443,096031,681630
Interest Receivable5,1171,91101773,658211161724099510037,4175328,35610,556
Pre-Tax Profit-13,305,657-3,408,0322,064,782-3,417,2075,745,542333,3033,045,3221,918,6699,558,02713,075,49922,7811,310,665663,873724,168711,688
Tax3,174,957655,921-2,046,005648,353-1,514,878-104,084-338,55445,133-1,247,694-2,558,91120,280-77,887-161,888-202,767-199,272
Profit After Tax-10,130,700-2,752,11118,777-2,768,8544,230,664229,2192,706,7681,963,8028,310,33310,516,58843,0611,232,778501,985521,401512,416
Dividends Paid2,000,0002,000,0001,000,0002,000,0002,000,0002,000,0001,500,0003,000,0004,000,0001,000,000500,0001,500,00002,500,0000
Retained Profit-12,130,700-4,752,111-981,223-4,768,8542,230,664-1,770,7811,206,768-1,036,1984,310,3339,516,588-456,939-267,222501,985-1,978,599512,416
Employee Costs000000000000000
Number Of Employees2223262825222215111057766
EBITDA*-11,681,700-1,306,7983,343,647-2,195,1837,150,1841,637,6884,086,7252,418,9389,927,15313,739,560465,777320,764695,501695,875701,132

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets3,5318,72810,23312,99917,82282,354,61983,331,97300000000
Intangible Assets000000000000000
Investments & Other86,174,88887,151,01090,268,21988,106,92986,336,2274,2544,25471,486,22750,336,22760,586,22736,531,97320,586,22712,428,76111,278,7619,828,761
Debtors (Due After 1 year)630,519877,6231,217,6191,566,1661,852,0121,059,849412,666521,090395,835583,541821,76460,37955,93332,077513,472
Total Fixed Assets86,808,93888,037,36191,496,07189,686,09488,206,06183,418,72283,748,89372,007,31750,732,06261,169,76837,353,73720,646,60612,484,69411,310,83810,342,233
Stock & work in progress000000000000000
Trade Debtors1,374,0051,375,7271,060,6261,093,558998,529917,783405,965303,280177,020184,49993,200026,006130,320255,565
Group Debtors000000000000000
Misc Debtors1,950,749403,846417,498440,252396,432397,429361,365293,114223,8701,631,628447,66525,13821,67915,0074,970
Cash0000000007288649911,1241,3461,490
misc current assets000000000000000
total current assets3,324,7541,779,5731,478,1241,533,8101,394,9611,315,212767,330596,394400,8901,816,855541,72926,12948,809146,673262,025
total assets90,133,69289,816,93492,974,19591,219,90489,601,02284,733,93484,516,22372,603,71151,132,95262,986,62337,895,46620,672,73512,533,50311,457,51110,604,258
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 972,627588,707600,617621,908318,033243,120243,376210,58899,819124,578189,37319,85178,711140,169119,699
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities1,404,8651,445,5911,223,3151,291,7171,690,6601,099,787932,0931,129,915541,7352,438,399988,29299,205198,016230,667195,273
total current liabilities2,377,4922,034,2981,823,9321,913,6252,008,6931,342,9071,175,4691,340,503641,5542,562,9771,177,665119,056276,727370,836314,972
loans80,230,89164,474,42762,231,51761,069,89153,533,19052,693,26750,753,43740,035,78317,342,72231,237,36619,526,8129,994,5392,664,4433,062,9461,732,318
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions2,359,0426,011,2426,886,5165,222,9356,276,8325,146,1175,264,8935,111,7695,996,8226,344,759148,704114,087118,973128,516119,898
total long term liabilities82,589,93370,485,66969,118,03366,292,82659,810,02257,839,38456,018,33045,147,55223,339,54437,582,12519,675,51610,108,6262,783,4163,191,4621,852,216
total liabilities84,967,42572,519,96770,941,96568,206,45161,818,71559,182,29157,193,79946,488,05523,981,09840,145,10220,853,18110,227,6823,060,1433,562,2982,167,188
net assets5,166,26717,296,96722,032,23023,013,45327,782,30725,551,64327,322,42426,115,65627,151,85422,841,52117,042,28510,445,0539,473,3607,895,2138,437,070
total shareholders funds5,166,26717,296,96722,032,23023,013,45327,782,30725,551,64327,322,42426,115,65627,151,85422,841,52117,042,28510,445,0539,473,3607,895,2138,437,070
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-11,686,897-1,310,2533,338,734-2,200,0077,145,3601,636,2154,086,7252,418,9389,927,15313,739,560465,777320,764695,501695,875701,132
Depreciation5,1973,4554,9134,8244,8241,473000000000
Amortisation000000000000000
Tax3,174,957655,921-2,046,005648,353-1,514,878-104,084-338,55445,133-1,247,694-2,558,91120,280-77,887-161,888-202,767-199,272
Stock000000000000000
Debtors1,298,077-38,547-404,233-146,997871,9121,195,06562,512320,759-1,602,9431,037,0391,277,112-18,101-73,786-596,603774,007
Creditors383,920-11,910-21,291303,87574,913-25632,788110,769-24,759-64,795169,522-58,860-61,45820,470119,699
Accruals and Deferred Income-40,726222,276-68,402-398,943590,873167,694-197,822588,180-1,896,6641,450,107889,087-98,811-32,65135,394195,273
Deferred Taxes & Provisions-3,652,200-875,2741,663,581-1,053,8971,130,715-118,776153,124-885,053-347,9376,196,05534,617-4,886-9,5438,618119,898
Cash flow from operations-13,113,826-1,277,2383,275,763-2,548,7986,559,895387,2013,673,7491,957,2088,013,04217,724,977302,17198,421503,7471,154,193162,723
Investing Activities
capital expenditure0-1,950-2,147-182,331,973975,881-83,331,97300000000
Change in Investments-976,122-3,117,2092,161,2901,770,70286,331,9730-71,481,97321,150,000-10,250,00024,054,25415,945,7468,157,4661,150,0001,450,0009,828,761
cash flow from investments976,1223,115,259-2,163,437-1,770,703-4,000,000975,881-11,850,000-21,150,00010,250,000-24,054,254-15,945,746-8,157,466-1,150,000-1,450,000-9,828,761
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans15,756,4642,242,9101,161,6267,536,701839,9231,939,83010,717,65422,693,061-13,894,64411,710,5549,532,2737,330,096-398,5031,330,6281,732,318
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue016,8480000000-3,717,3527,054,1711,238,9151,076,1621,436,7427,924,654
interest-1,618,760-2,097,779-1,273,952-1,217,200-1,399,818-1,302,912-1,041,403-500,269-369,126-664,061-442,99637,417-31,62828,29310,556
cash flow from financing14,137,704161,979-112,3266,319,501-559,895636,9189,676,25122,192,792-14,263,7707,329,14116,143,4488,606,428646,0312,795,6639,667,528
cash and cash equivalents
cash00000000-728-136-127-133-222-1441,490
overdraft000000000000000
change in cash00000000-728-136-127-133-222-1441,490

city, west end & suburban shop property company 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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City, West End & Suburban Shop Property Company Limited Competitor Analysis

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Perform a competitor analysis for city, west end & suburban shop property company limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in SW3 area or any other competitors across 12 key performance metrics.

city, west end & suburban shop property company limited Ownership

CITY, WEST END & SUBURBAN SHOP PROPERTY COMPANY LIMITED group structure

City, West End & Suburban Shop Property Company Limited has 1 subsidiary company.

Ultimate parent company

QUADRIGA INTERNATIONAL LTD

#0003516

2 parents

CITY, WEST END & SUBURBAN SHOP PROPERTY COMPANY LIMITED

01075332

1 subsidiary

CITY, WEST END & SUBURBAN SHOP PROPERTY COMPANY LIMITED Shareholders

dorrington properties plc 100%

city, west end & suburban shop property company limited directors

City, West End & Suburban Shop Property Company Limited currently has 6 directors. The longest serving directors include Mr Manfred Gorvy (Oct 1991) and Mr Robert Harris (Nov 2000).

officercountryagestartendrole
Mr Manfred Gorvy86 years Oct 1991- Director
Mr Robert HarrisEngland62 years Nov 2000- Director
Mr Bruce ThompsonEngland60 years Apr 2004- Director
Mr Andrew GiblinEngland46 years Apr 2011- Director
Mr Michael JenkinsUnited Kingdom52 years Feb 2021- Director
Dr Sean GorvyEngland62 years Mar 2022- Director

P&L

December 2023

turnover

4.2m

+2%

operating profit

-11.7m

+792%

gross margin

88.5%

-0.88%

turnover

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

Balance Sheet

December 2023

net assets

5.2m

-0.7%

total assets

90.1m

0%

cash

0

0%

net assets

Total assets minus all liabilities

city, west end & suburban shop property company limited company details

company number

01075332

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

October 1972

age

53

incorporated

UK

ultimate parent company

QUADRIGA INTERNATIONAL LTD

accounts

Full Accounts

last accounts submitted

December 2023

previous names

florelines limited (December 1980)

florelines limited (December 1979)

accountant

-

auditor

DELOITTE LLP

address

16 hans road, london, SW3 1RT

Bank

-

Legal Advisor

-

city, west end & suburban shop 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 51 charges/mortgages relating to city, west end & suburban shop property company limited. Currently there are 35 open charges and 16 have been satisfied in the past.

city, west end & suburban shop property company 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 CITY, WEST END & SUBURBAN SHOP PROPERTY COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.

city, west end & suburban shop property company limited Companies House Filings - See Documents

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