summerthorne estates limited
summerthorne estates limited Company Information
Company Number
01717221
Next Accounts
Dec 2025
Directors
Shareholders
executors of michael john roberts
michael clifford timms
Group Structure
View All
Industry
Development of building projects
Registered Address
5th floor 37 high holborn, london, WC1V 6AA
Website
-summerthorne estates limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMERTHORNE ESTATES LIMITED at £113.3k based on a Turnover of £238.4k and 0.48x industry multiple (adjusted for size and gross margin).
summerthorne estates limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMERTHORNE ESTATES LIMITED at £0 based on an EBITDA of £-40.1k and a 3.76x industry multiple (adjusted for size and gross margin).
summerthorne estates limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMERTHORNE ESTATES LIMITED at £1.2m based on Net Assets of £843.5k and 1.41x industry multiple (adjusted for liquidity).
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Summerthorne Estates Limited Overview
Summerthorne Estates Limited is a live company located in london, WC1V 6AA with a Companies House number of 01717221. It operates in the development of building projects sector, SIC Code 41100. Founded in April 1983, it's largest shareholder is executors of michael john roberts with a 50% stake. Summerthorne Estates Limited is a mature, micro sized company, Pomanda has estimated its turnover at £238.4k with declining growth in recent years.
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Summerthorne Estates Limited Health Check
Pomanda's financial health check has awarded Summerthorne Estates Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £238.4k, make it smaller than the average company (£2.3m)
- Summerthorne Estates Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -50%, show it is growing at a slower rate (6.1%)
- Summerthorne Estates Limited
6.1% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
- Summerthorne Estates Limited
26.4% - Industry AVG
Profitability
an operating margin of -16.8% make it less profitable than the average company (7.6%)
- Summerthorne Estates Limited
7.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Summerthorne Estates Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Summerthorne Estates Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £238.4k, this is equally as efficient (£277.7k)
- Summerthorne Estates Limited
£277.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Summerthorne Estates Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Summerthorne Estates Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 376 days, this is more than average (203 days)
- Summerthorne Estates Limited
203 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6450 weeks, this is more cash available to meet short term requirements (11 weeks)
6450 weeks - Summerthorne Estates Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.6%, this is a lower level of debt than the average (73.6%)
0.6% - Summerthorne Estates Limited
73.6% - Industry AVG
SUMMERTHORNE ESTATES LIMITED financials
Summerthorne Estates Limited's latest turnover from March 2024 is estimated at £238.4 thousand and the company has net assets of £843.5 thousand. According to their latest financial statements, we estimate that Summerthorne Estates Limited has 1 employee and maintains cash reserves of £658.7 thousand 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 | |||||||||||||||
| 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 | |||||||||||||||
| EBITDA* |
* 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 | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | 180,894 | 180,894 | 1,629,495 | 1,567,893 | 1,528,943 | 2,687,691 | 4,366,943 | 4,485,269 | 4,733,136 | 2,994,771 | 2,388,213 | 2,281,069 | 2,171,302 | 938,300 | 924,742 |
| Trade Debtors | 86,568 | 6,754 | 2,356 | 2,900 | 107 | 696 | |||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 9,133 | 25,937 | 49,788 | 22,158 | 23,580 | 13,322 | 6,592 | 18,242 | 145,797 | ||||||
| Cash | 658,738 | 1,152,508 | 64,194 | 123,893 | 404,376 | 919,570 | 1,027,317 | 184,087 | 248,226 | 2,286,346 | 4,208 | 35,911 | 4,277 | 20,654 | 169 |
| misc current assets | |||||||||||||||
| total current assets | 848,765 | 1,359,339 | 1,743,477 | 1,713,944 | 1,956,899 | 3,620,583 | 5,400,852 | 4,687,598 | 5,127,159 | 5,367,685 | 2,399,175 | 2,319,336 | 2,178,479 | 959,061 | 925,607 |
| total assets | 848,765 | 1,359,339 | 1,743,477 | 1,713,944 | 1,956,899 | 3,620,583 | 5,400,852 | 4,687,598 | 5,127,159 | 5,367,685 | 2,399,175 | 2,319,336 | 2,178,479 | 959,061 | 925,607 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 15,750 | 15,750 | 31,500 | 5,084,370 | 2,102,794 | 2,019,054 | 1,867,384 | 637,591 | 602,791 | ||||||
| Group/Directors Accounts | 273,435 | ||||||||||||||
| other short term finances | 373,435 | 273,435 | 2,223,435 | 4,004,635 | 4,004,635 | 3,647,635 | |||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 5,310 | 521,470 | 70,877 | 70,162 | 234,972 | 376,772 | 799,156 | 126,685 | 932,675 | ||||||
| total current liabilities | 5,310 | 521,470 | 444,312 | 343,597 | 508,407 | 2,600,207 | 4,819,541 | 4,147,070 | 4,611,810 | 5,084,370 | 2,102,794 | 2,019,054 | 1,867,384 | 637,591 | 602,791 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 5,310 | 521,470 | 444,312 | 343,597 | 508,407 | 2,600,207 | 4,819,541 | 4,147,070 | 4,611,810 | 5,084,370 | 2,102,794 | 2,019,054 | 1,867,384 | 637,591 | 602,791 |
| net assets | 843,455 | 837,869 | 1,299,165 | 1,370,347 | 1,448,492 | 1,020,376 | 581,311 | 540,528 | 515,349 | 283,315 | 296,381 | 300,282 | 311,095 | 321,470 | 322,816 |
| total shareholders funds | 843,455 | 837,869 | 1,299,165 | 1,370,347 | 1,448,492 | 1,020,376 | 581,311 | 540,528 | 515,349 | 283,315 | 296,381 | 300,282 | 311,095 | 321,470 | 322,816 |
| 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 | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -1,448,601 | 61,602 | 38,950 | -1,158,748 | -1,679,252 | -118,326 | -247,867 | 1,738,365 | 606,558 | 107,144 | 109,767 | 1,233,002 | 13,558 | 924,742 | |
| Debtors | -16,804 | -23,851 | 27,630 | -1,422 | 10,258 | 6,730 | -11,650 | -127,555 | 59,229 | 79,814 | 4,398 | -544 | 2,793 | -589 | 696 |
| Creditors | -15,750 | -15,750 | -5,052,870 | 2,981,576 | 83,740 | 151,670 | 1,229,793 | 34,800 | 602,791 | ||||||
| Accruals and Deferred Income | -516,160 | 450,593 | 715 | -164,810 | -141,800 | -422,384 | 672,471 | -805,990 | 932,675 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -273,435 | 273,435 | |||||||||||||
| Other Short Term Loans | -373,435 | 100,000 | 273,435 | -2,223,435 | -1,781,200 | 357,000 | 3,647,635 | ||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -493,770 | 1,088,314 | -59,699 | -280,483 | -515,194 | -107,747 | 843,230 | -64,139 | -2,038,120 | 2,282,138 | -31,703 | 31,634 | -16,377 | 20,485 | 169 |
| overdraft | |||||||||||||||
| change in cash | -493,770 | 1,088,314 | -59,699 | -280,483 | -515,194 | -107,747 | 843,230 | -64,139 | -2,038,120 | 2,282,138 | -31,703 | 31,634 | -16,377 | 20,485 | 169 |
summerthorne estates limited Credit Report and Business Information
Summerthorne Estates Limited Competitor Analysis
Perform a competitor analysis for summerthorne estates limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WC1V area or any other competitors across 12 key performance metrics.
summerthorne estates limited Ownership
SUMMERTHORNE ESTATES LIMITED group structure
Summerthorne Estates Limited has no subsidiary companies.
Ultimate parent company
SUMMERTHORNE ESTATES LIMITED
01717221
summerthorne estates limited directors
Summerthorne Estates Limited currently has 1 director, Mr Michael Timms serving since Jul 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Timms | England | 77 years | Jul 2010 | - | Director |
P&L
March 2024turnover
238.4k
-12%
operating profit
-40.1k
0%
gross margin
26.5%
+1.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
843.5k
+0.01%
total assets
848.8k
-0.38%
cash
658.7k
-0.43%
net assets
Total assets minus all liabilities
summerthorne estates limited company details
company number
01717221
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
April 1983
age
42
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
starflute limited (April 1994)
accountant
-
auditor
-
address
5th floor 37 high holborn, london, WC1V 6AA
Bank
-
Legal Advisor
-
summerthorne estates 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 1 charges/mortgages relating to summerthorne estates limited. Currently there are 1 open charges and 0 have been satisfied in the past.
summerthorne estates 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 SUMMERTHORNE ESTATES LIMITED. This can take several minutes, an email will notify you when this has completed.
summerthorne estates limited Companies House Filings - See Documents
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