theta limited
theta limited Company Information
Company Number
01698444
Website
www.theta-us.comRegistered Address
1st floor global house, 299-303 ballards lane, london, N12 8NP
Industry
Buying and selling of own real estate
Telephone
01473338178
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
christopher john karageorgis 30.8%
kyriacos ulysses karageorgis 30.8%
View Alltheta limited Estimated Valuation
Pomanda estimates the enterprise value of THETA LIMITED at £713.6k based on a Turnover of £308.3k and 2.31x industry multiple (adjusted for size and gross margin).
theta limited Estimated Valuation
Pomanda estimates the enterprise value of THETA LIMITED at £0 based on an EBITDA of £-3.5m and a 5.69x industry multiple (adjusted for size and gross margin).
theta limited Estimated Valuation
Pomanda estimates the enterprise value of THETA LIMITED at £20.5m based on Net Assets of £16.6m and 1.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Theta Limited Overview
Theta Limited is a live company located in london, N12 8NP with a Companies House number of 01698444. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 1983, it's largest shareholder is christopher john karageorgis with a 30.8% stake. Theta Limited is a mature, micro sized company, Pomanda has estimated its turnover at £308.3k with declining growth in recent years.
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Theta Limited Health Check
Pomanda's financial health check has awarded Theta Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £308.3k, make it smaller than the average company (£908k)
- Theta Limited
£908k - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (2.1%)
- Theta Limited
2.1% - Industry AVG
Production
with a gross margin of 66.6%, this company has a comparable cost of product (66.6%)
- Theta Limited
66.6% - Industry AVG
Profitability
an operating margin of -1149.8% make it less profitable than the average company (35.4%)
- Theta Limited
35.4% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Theta Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.7k, the company has an equivalent pay structure (£36.7k)
- Theta Limited
£36.7k - Industry AVG
Efficiency
resulting in sales per employee of £77.1k, this is less efficient (£200.4k)
- Theta Limited
£200.4k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (26 days)
- Theta Limited
26 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Theta Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Theta Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 254 weeks, this is more cash available to meet short term requirements (8 weeks)
254 weeks - Theta Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.6%, this is a lower level of debt than the average (63.5%)
21.6% - Theta Limited
63.5% - Industry AVG
THETA LIMITED financials
Theta Limited's latest turnover from March 2023 is estimated at £308.3 thousand and the company has net assets of £16.6 million. According to their latest financial statements, Theta Limited has 4 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 1,426 | 1,783 | 0 | 0 | 0 | 41 | 51 | 64 | 80 | 524 | 1,835,755 | 873 | 1,164 | 1,552 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 17,900,000 | 17,900,000 | 17,900,000 | 13,470,000 | 13,470,000 | 13,470,000 | 13,470,000 | 13,470,000 | 13,470,000 | 13,470,000 | 0 | 1,835,100 | 1,659,500 | 1,474,500 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 17,901,426 | 17,901,783 | 17,900,000 | 13,470,000 | 13,470,000 | 13,470,041 | 13,470,051 | 13,470,064 | 13,470,080 | 13,470,524 | 1,835,755 | 1,835,973 | 1,660,664 | 1,476,052 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,814 | 3,814 | 3,814 | 3,814 | 3,814 | 3,814 | 3,814 | 3,814 | 3,814 | 852,505 | 865,859 | 896,492 | 902,780 | 892,054 |
| Group Debtors | 719,156 | 90,158 | 75,158 | 74,382 | 590,382 | 590,382 | 590,382 | 590,382 | 728,579 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 50,000 | 2,056,200 | 789,050 | 9,160 | 22,371 | 9,623 | 9,630 | 9,627 | 6,600 | 0 | 0 | 0 | 0 | 0 |
| Cash | 2,505,471 | 733,702 | 1,996,725 | 2,864,043 | 2,322,168 | 2,083,715 | 1,947,246 | 1,682,412 | 1,225,018 | 850,880 | 655,943 | 465,318 | 444,458 | 466,186 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,814 | 0 | 0 | 0 |
| total current assets | 3,278,441 | 2,883,874 | 2,864,747 | 2,951,399 | 2,938,735 | 2,687,534 | 2,551,072 | 2,286,235 | 1,964,011 | 1,703,385 | 1,525,616 | 1,361,810 | 1,347,238 | 1,358,240 |
| total assets | 21,179,867 | 20,785,657 | 20,764,747 | 16,421,399 | 16,408,735 | 16,157,575 | 16,021,123 | 15,756,299 | 15,434,091 | 15,173,909 | 3,361,371 | 3,197,783 | 3,007,902 | 2,834,292 |
| Bank overdraft | 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 |
| Trade Creditors | 0 | 8,424 | 0 | 0 | 0 | 0 | 0 | 213 | 1 | 109,077 | 119,282 | 96,870 | 37,117 | 121,801 |
| Group/Directors Accounts | 118,683 | 121,058 | 121,058 | 11,803 | 11,803 | 11,803 | 11,803 | 11,803 | 72,001 | 0 | 0 | 0 | 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 | 392,709 | 100,222 | 57,859 | 92,824 | 137,625 | 132,287 | 210,074 | 184,610 | 52,630 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 511,392 | 229,704 | 178,917 | 104,627 | 149,428 | 144,090 | 221,877 | 196,626 | 124,632 | 109,077 | 119,282 | 96,870 | 37,117 | 121,801 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 4,053,725 | 3,198,680 | 3,198,680 | 2,356,980 | 2,356,980 | 2,356,980 | 2,356,980 | 2,356,980 | 2,356,980 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,053,725 | 3,198,680 | 3,198,680 | 2,356,980 | 2,356,980 | 2,356,980 | 2,356,980 | 2,356,980 | 2,356,980 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,565,117 | 3,428,384 | 3,377,597 | 2,461,607 | 2,506,408 | 2,501,070 | 2,578,857 | 2,553,606 | 2,481,612 | 109,077 | 119,282 | 96,870 | 37,117 | 121,801 |
| net assets | 16,614,750 | 17,357,273 | 17,387,150 | 13,959,792 | 13,902,327 | 13,656,505 | 13,442,266 | 13,202,693 | 12,952,479 | 15,064,832 | 3,242,089 | 3,100,913 | 2,970,785 | 2,712,491 |
| total shareholders funds | 16,614,750 | 17,357,273 | 17,387,150 | 13,959,792 | 13,902,327 | 13,656,505 | 13,442,266 | 13,202,693 | 12,952,479 | 15,064,832 | 3,242,089 | 3,100,913 | 2,970,785 | 2,712,491 |
| 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 | ||||||||||||||
| Depreciation | 357 | 446 | 0 | 0 | 41 | 10 | 13 | 16 | 20 | 131 | 219 | 291 | 388 | 511 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,377,202 | 1,282,150 | 780,666 | -529,211 | 12,748 | -7 | 3 | -135,170 | -113,512 | -13,354 | -30,633 | -6,288 | 10,726 | 892,054 |
| Creditors | -8,424 | 8,424 | 0 | 0 | 0 | 0 | -213 | 212 | -109,076 | -10,205 | 22,412 | 59,753 | -84,684 | 121,801 |
| Accruals and Deferred Income | 292,487 | 42,363 | -34,965 | -44,801 | 5,338 | -77,787 | 25,464 | 131,980 | 52,630 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 855,045 | 0 | 841,700 | 0 | 0 | 0 | 0 | 0 | 2,356,980 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 4,430,000 | 0 | 0 | 0 | 0 | 0 | 0 | 13,470,000 | -1,835,100 | 175,600 | 185,000 | 1,474,500 |
| 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 | -2,375 | 0 | 109,255 | 0 | 0 | 0 | 0 | -60,198 | 72,001 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 1,771,769 | -1,263,023 | -867,318 | 541,875 | 238,453 | 136,469 | 264,834 | 457,394 | 374,138 | 194,937 | 190,625 | 20,860 | -21,728 | 466,186 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,771,769 | -1,263,023 | -867,318 | 541,875 | 238,453 | 136,469 | 264,834 | 457,394 | 374,138 | 194,937 | 190,625 | 20,860 | -21,728 | 466,186 |
theta limited Credit Report and Business Information
Theta Limited Competitor Analysis
Perform a competitor analysis for theta limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N12 area or any other competitors across 12 key performance metrics.
theta limited Ownership
THETA LIMITED group structure
Theta Limited has no subsidiary companies.
Ultimate parent company
THETA LIMITED
01698444
theta limited directors
Theta Limited currently has 4 directors. The longest serving directors include Mrs Jovanka Karageorgis (Dec 1990) and Mr Kyriakos Karageorgis (Nov 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Jovanka Karageorgis | 73 years | Dec 1990 | - | Director | |
| Mr Kyriakos Karageorgis | United Kingdom | 44 years | Nov 2013 | - | Director |
| Mr Christopher Karageorgis | United Kingdom | 38 years | Nov 2013 | - | Director |
| Mr Alexander Karageorgis | 42 years | Nov 2013 | - | Director |
P&L
March 2023turnover
308.3k
+29%
operating profit
-3.5m
0%
gross margin
66.6%
+0.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
16.6m
-0.04%
total assets
21.2m
+0.02%
cash
2.5m
+2.41%
net assets
Total assets minus all liabilities
Similar Companies
theta limited company details
company number
01698444
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
February 1983
age
41
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
1st floor global house, 299-303 ballards lane, london, N12 8NP
accountant
K J PITTALIS & PARTNERS LLP
auditor
-
theta 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 4 charges/mortgages relating to theta limited. Currently there are 0 open charges and 4 have been satisfied in the past.
theta limited Companies House Filings - See Documents
| date | description | view/download |
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