draper property limited

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draper property limited Company Information

Share DRAPER PROPERTY LIMITED

Company Number

01725867

Shareholders

christopher edward brown

Group Structure

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Industry

Renting and operating of Housing Association real estate

 

Registered Address

the guardhouse, tigers road, wigston, leicester, LE18 4WS

Website

-

draper property limited Estimated Valuation

£165.6m

Pomanda estimates the enterprise value of DRAPER PROPERTY LIMITED at £165.6m based on a Turnover of £24.6m and 6.75x industry multiple (adjusted for size and gross margin).

draper property limited Estimated Valuation

£5.9m

Pomanda estimates the enterprise value of DRAPER PROPERTY LIMITED at £5.9m based on an EBITDA of £502.2k and a 11.72x industry multiple (adjusted for size and gross margin).

draper property limited Estimated Valuation

£27.4m

Pomanda estimates the enterprise value of DRAPER PROPERTY LIMITED at £27.4m based on Net Assets of £15.3m and 1.79x industry multiple (adjusted for liquidity).

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Draper Property Limited Overview

Draper Property Limited is a live company located in leicester, LE18 4WS with a Companies House number of 01725867. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in May 1983, it's largest shareholder is christopher edward brown with a 100% stake. Draper Property Limited is a mature, large sized company, Pomanda has estimated its turnover at £24.6m with rapid growth in recent years.

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Draper Property Limited Health Check

Pomanda's financial health check has awarded Draper Property Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £24.6m, make it larger than the average company (£1.3m)

£24.6m - Draper Property Limited

£1.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 202%, show it is growing at a faster rate (4.5%)

202% - Draper Property Limited

4.5% - Industry AVG

production

Production

with a gross margin of 63.5%, this company has a comparable cost of product (63.5%)

63.5% - Draper Property Limited

63.5% - Industry AVG

profitability

Profitability

an operating margin of 2% make it less profitable than the average company (17.6%)

2% - Draper Property Limited

17.6% - Industry AVG

employees

Employees

with 5 employees, this is similar to the industry average (6)

5 - Draper Property Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)

£34.5k - Draper Property Limited

£34.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £4.9m, this is more efficient (£163.3k)

£4.9m - Draper Property Limited

£163.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 39 days, this is later than average (18 days)

39 days - Draper Property Limited

18 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is quicker than average (31 days)

25 days - Draper Property Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Draper Property Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 76 weeks, this is more cash available to meet short term requirements (21 weeks)

76 weeks - Draper Property Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 11.1%, this is a lower level of debt than the average (70.6%)

11.1% - Draper Property Limited

70.6% - Industry AVG

DRAPER PROPERTY LIMITED financials

EXPORTms excel logo

Draper Property Limited's latest turnover from January 2024 is estimated at £24.6 million and the company has net assets of £15.3 million. According to their latest financial statements, Draper Property Limited has 5 employees and maintains cash reserves of £905 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover24,551,81920,357,16617,539,033889,879672,268955,872730,6571,052,720736,4362,905,8471,938,4481,486,7673,476,9213,024,3443,109,812
Other Income Or Grants
Cost Of Sales8,963,6027,142,7994,867,484248,065187,141253,821187,384257,541205,8751,043,245716,465440,890918,134863,236692,937
Gross Profit15,588,21813,214,36712,671,549641,814485,126702,051543,272795,178530,5611,862,6021,221,9831,045,8772,558,7882,161,1082,416,875
Admin Expenses15,098,09912,957,81911,802,142-100,770-66,739140,787-152,490143,762-805,4711,451,705799,432658,5832,767,4841,984,076-1,885,752
Operating Profit490,119256,548869,407742,584551,865561,264695,762651,4161,336,032410,897422,551387,294-208,696177,0324,302,627
Interest Payable
Interest Receivable52,44436,0261,5822721,7462,1622,3701,4562,3112,3832,0097172381,5021,471
Pre-Tax Profit542,563292,574870,989742,856553,611563,426698,132652,8711,338,343413,280424,560388,011-208,458178,5334,304,099
Tax-135,641-55,589-165,488-141,143-105,186-107,051-132,645-130,574-267,668-86,789-97,649-93,123-49,989-1,205,148
Profit After Tax406,922236,985705,501601,713448,425456,375565,487522,2971,070,674326,491326,911294,888-208,458128,5443,098,951
Dividends Paid
Retained Profit406,922236,985705,501601,713448,425456,375565,487522,2971,070,674326,491326,911294,888-208,458128,5443,098,951
Employee Costs172,497137,259101,670128,316124,074118,064132,603131,248106,363532,000374,672266,618590,687647,252455,699
Number Of Employees543444554191410252521
EBITDA*502,169272,463870,149743,407552,771561,534696,076651,7821,336,491411,367422,717387,492-208,466177,3024,302,943

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets38,73950,7897,6148,3569,1791,7982,0682,3832,9548,291,2634,646,8314,646,9974,436,7955,221,2164,221,354
Intangible Assets10,091,500
Investments & Other13,592,00013,592,00011,913,00011,343,00011,370,0009,509,1469,509,1469,666,500
Debtors (Due After 1 year)
Total Fixed Assets13,630,73913,642,78911,920,61411,351,35611,379,1799,510,9449,511,2149,668,88310,094,4548,291,2634,646,8314,646,9974,436,7955,221,2164,221,354
Stock & work in progress
Trade Debtors2,687,6972,370,4622,354,29083,31844,55179,19149,70195,31867,10694,71194,58987,841219,481188,719159,047
Group Debtors
Misc Debtors2,280,3251,694,8401,198,462633,70580,67660,893
Cash905,0071,092,864965,787300,005243,498222,013354,530593,470571,068353,152599,982203,42483,19412,135588,516
misc current assets
total current assets3,592,7043,463,3263,320,0772,663,6481,982,8891,499,6661,037,936769,464699,067447,863694,571291,265302,675200,854747,563
total assets17,223,44317,106,11515,240,69114,015,00413,362,06811,010,61010,549,15010,438,34710,793,5218,739,1265,341,4024,938,2624,739,4705,422,0704,968,917
Bank overdraft
Bank loan
Trade Creditors 618,186899,019987,62715,52428,95418,38713,7781,0477062,278,6531,151,9981,075,4851,222,877998,493674,587
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities1,008,4261,006,313978,389977,9491,428,1922,304,931
total current liabilities618,186899,019987,6271,023,9501,035,267996,776991,7271,429,2392,305,6372,278,6531,151,9981,075,4851,222,877998,493674,587
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities38,34044,339
provisions1,255,1551,257,917947,316487,583503,830242,863242,827237,306263,22018,2223,6443,9283,8223,119
total long term liabilities1,293,4951,302,256947,316487,583503,830242,863242,827237,306263,22018,2223,6443,9283,8223,119
total liabilities1,911,6812,201,2751,934,9431,511,5331,539,0971,239,6391,234,5541,666,5452,568,8572,296,8751,155,6421,079,4131,222,8771,002,315677,706
net assets15,311,76214,904,84013,305,74812,503,47111,822,9719,770,9719,314,5968,771,8028,224,6646,442,2514,185,7603,858,8493,516,5934,419,7554,291,211
total shareholders funds15,311,76214,904,84013,305,74812,503,47111,822,9719,770,9719,314,5968,771,8028,224,6646,442,2514,185,7603,858,8493,516,5934,419,7554,291,211
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit490,119256,548869,407742,584551,865561,264695,762651,4161,336,032410,897422,551387,294-208,696177,0324,302,627
Depreciation12,05015,915742823906270314366459470166198230270316
Amortisation
Tax-135,641-55,589-165,488-141,143-105,186-107,051-132,645-130,574-267,668-86,789-97,649-93,123-49,989-1,205,148
Stock
Debtors317,23516,172-9,353624,252461,738594,247507,41247,99533,2881226,748-131,64030,76229,672159,047
Creditors-280,833-88,608972,103-13,43010,5674,60912,731341-2,277,9471,126,65576,513-147,392224,384323,906674,587
Accruals and Deferred Income-1,008,4262,11327,924440-450,243-876,7392,304,931
Deferred Taxes & Provisions-2,762310,601459,733-16,247260,967365,521-25,914244,99814,578-2843,928-3,8227033,119
Cash flow from operations-234,302422,6951,137,424-49,552285,305-134,679-375,972-429,0991,307,5171,465,689394,549282,545-18,666422,2503,616,454
Investing Activities
capital expenditure-59,090-8,287110,091,705-1,803,650-3,644,902-210,400784,191-1,000,132-4,221,670
Change in Investments1,679,000570,000-27,0001,860,854-157,3549,666,500
cash flow from investments-1,738,090-570,00027,000-1,869,141157,355425,205-1,803,650-3,644,902-210,400784,191-1,000,132-4,221,670
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-5,99944,339
share issue1,362,10796,77678,7871,603,575-22,69324,841711,7391,930,00047,368-694,7041,192,260
interest52,44436,0261,5822721,7462,1622,3701,4562,3112,3832,0097172381,5021,471
cash flow from financing46,4451,442,47298,35879,0591,605,3212,162-20,32326,297714,0501,932,3832,00948,085-694,4661,5021,193,731
cash and cash equivalents
cash-187,857127,077665,78256,50721,485-132,517-238,94022,402217,916-246,830396,558120,23071,059-576,381588,516
overdraft
change in cash-187,857127,077665,78256,50721,485-132,517-238,94022,402217,916-246,830396,558120,23071,059-576,381588,516

draper property 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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Draper Property Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for draper property limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other large companies, companies in LE18 area or any other competitors across 12 key performance metrics.

draper property limited Ownership

DRAPER PROPERTY LIMITED group structure

Draper Property Limited has no subsidiary companies.

Ultimate parent company

DRAPER PROPERTY LIMITED

01725867

DRAPER PROPERTY LIMITED Shareholders

christopher edward brown 100%

draper property limited directors

Draper Property Limited currently has 3 directors. The longest serving directors include Mrs Sarah Brown (Jul 1992) and Mr Christopher Brown (Nov 2015).

officercountryagestartendrole
Mrs Sarah BrownUnited Kingdom71 years Jul 1992- Director
Mr Christopher BrownUnited Kingdom34 years Nov 2015- Director
Ms Zayna Ali37 years Jun 2022- Director

P&L

January 2024

turnover

24.6m

+21%

operating profit

490.1k

0%

gross margin

63.5%

-2.19%

turnover

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

Balance Sheet

January 2024

net assets

15.3m

+0.03%

total assets

17.2m

+0.01%

cash

905k

-0.17%

net assets

Total assets minus all liabilities

draper property limited company details

company number

01725867

Type

Private limited with Share Capital

industry

68201 - Renting and operating of Housing Association real estate

incorporation date

May 1983

age

42

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

drapergrain & agricultural supply limited (October 1995)

accountant

-

auditor

-

address

the guardhouse, tigers road, wigston, leicester, LE18 4WS

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

draper property 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 draper property limited.

draper property 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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draper property limited Companies House Filings - See Documents

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