Pomanda estimates the enterprise value of PROPERTY EXPRESS LIMITED at £350.9k based on a Turnover of £105.7k and 3.32x industry multiple (adjusted for size and gross margin).
property express limitedEstimated Valuation
£86.1k
Pomanda estimates the enterprise value of PROPERTY EXPRESS LIMITED at £86.1k based on an EBITDA of £13.3k and a 6.49x industry multiple (adjusted for size and gross margin).
property express limitedEstimated Valuation
£645.8k
Pomanda estimates the enterprise value of PROPERTY EXPRESS LIMITED at £645.8k based on Net Assets of £369.9k and 1.75x industry multiple (adjusted for liquidity).
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Property Express LimitedOverview
Property Express Limited is a live company located in torquay, TQ1 2HT with a Companies House number of 01783871. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 1984, it's largest shareholder is
mr crispin john boyce
with a 80% stake. Property Express Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£105.7k with
declining
growth in recent years.
Pomanda's financial health check has awarded Property Express Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £105.7k, make it smaller than the average company (£914k)
£105.7k - Property Express Limited
£914k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (5.4%)
-7% - Property Express Limited
5.4% - Industry AVG
Production
with a gross margin of 73%, this company has a comparable cost of product (73%)
73% - Property Express Limited
73% - Industry AVG
Profitability
an operating margin of 12.6% make it less profitable than the average company (28.2%)
12.6% - Property Express Limited
28.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Property Express Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)
£33.8k - Property Express Limited
£33.8k - Industry AVG
Efficiency
resulting in sales per employee of £105.7k, this is less efficient (£186.9k)
£105.7k - Property Express Limited
£186.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Property Express Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (37 days)
1 days - Property Express Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Property Express Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 27 weeks, this is more cash available to meet short term requirements (10 weeks)
27 weeks - Property Express Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.1%, this is a lower level of debt than the average (70.2%)
22.1% - Property Express Limited
70.2% - Industry AVG
PROPERTY EXPRESS LIMITED financials
EXPORT
Property Express Limited's latest turnover from April 2024 is estimated at £105.7 thousand and the company has net assets of £369.9 thousand. According to their latest financial statements, Property Express Limited has 1 employee and maintains cash reserves of £14 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
105,666
175,000
155,915
133,398
145,543
152,315
137,120
951,389
280,082
269,728
286,312
293,650
24,795
Other Income Or Grants
Cost Of Sales
28,542
48,211
43,508
38,685
40,665
44,977
36,674
333,749
99,786
92,661
94,808
99,852
7,894
Gross Profit
77,124
126,790
112,406
94,713
104,878
107,338
100,446
617,640
180,297
177,067
191,504
193,797
16,901
Admin Expenses
63,860
109,993
97,923
80,041
94,321
91,987
111,684
33,497
-403,566
622,252
175,430
174,728
173,558
172,261
-29,811
Operating Profit
13,264
16,797
14,483
14,672
10,557
15,351
-11,238
-33,497
403,566
-4,612
4,867
2,339
17,946
21,536
46,712
Interest Payable
6,991
7,858
6,018
5,930
6,884
8,868
9,977
10,650
5,566
5,087
5,087
Interest Receivable
850
649
46
17
23
194
99
Pre-Tax Profit
7,123
9,588
8,511
8,759
3,696
6,677
-21,116
-44,147
398,000
-4,612
4,867
2,339
17,946
16,449
41,625
Tax
-1,781
-2,397
-1,617
-1,664
-702
-1,269
-79,600
-1,022
-538
-4,307
-4,277
-11,655
Profit After Tax
5,342
7,191
6,894
7,095
2,994
5,408
-21,116
-44,147
318,400
-4,612
3,845
1,801
13,639
12,172
29,970
Dividends Paid
Retained Profit
5,342
7,191
6,894
7,095
2,994
5,408
-21,116
-44,147
318,400
-4,612
3,845
1,801
13,639
12,172
29,970
Employee Costs
33,761
31,047
30,195
27,218
28,062
27,666
26,590
158,231
50,400
48,265
48,222
46,954
24,560
Number Of Employees
1
1
1
1
1
1
1
6
2
2
2
2
1
EBITDA*
13,264
16,797
14,515
14,681
10,571
15,370
-11,213
-33,464
403,610
-4,553
4,946
2,444
18,086
21,722
46,712
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
32
41
55
74
99
132
552,578
552,637
552,716
552,821
552,961
550,000
Intangible Assets
Investments & Other
423,296
423,296
423,296
423,296
423,296
423,296
425,296
425,296
553,296
Debtors (Due After 1 year)
Total Fixed Assets
423,296
423,296
423,296
423,328
423,337
423,351
425,370
425,395
553,428
552,578
552,637
552,716
552,821
552,961
550,000
Stock & work in progress
Trade Debtors
90,539
25,848
25,748
27,335
27,241
2,174
Group Debtors
30,000
25,000
Misc Debtors
7,316
34,901
49,074
76,338
42,700
69,068
45,387
140,196
69,132
67,487
72,338
Cash
13,952
18,411
12,135
33,421
12,025
39,636
misc current assets
total current assets
51,268
53,312
61,209
76,338
76,121
81,093
85,023
140,196
69,132
90,539
93,335
98,086
27,335
27,241
27,174
total assets
474,564
476,608
484,505
499,666
499,458
504,444
510,393
565,591
622,560
643,117
645,972
650,802
580,156
580,202
577,174
Bank overdraft
5,896
24,819
15,531
37,519
Bank loan
15,872
15,872
12,258
12,578
144,714
18,067
Trade Creditors
96
57,968
46,217
45,334
59,129
55,484
6,139
Group/Directors Accounts
4,354
other short term finances
14,961
hp & lease commitments
other current liabilities
10,404
4,048
3,926
16,226
16,750
3,905
3,117
4,132
9,115
total current liabilities
26,372
19,920
18,887
22,122
16,750
16,163
15,695
173,665
42,713
57,968
46,217
45,334
59,129
55,484
48,012
loans
39,352
53,190
69,311
88,131
100,389
113,055
124,877
137,658
119,009
hp & lease commitments
Accruals and Deferred Income
other liabilities
148,151
158,145
167,703
85,063
102,393
provisions
38,964
38,964
38,964
38,964
38,965
34,866
34,869
35,858
41,974
total long term liabilities
78,316
92,154
108,275
127,095
139,354
147,921
159,746
35,858
179,632
148,151
158,145
167,703
85,063
102,393
119,009
total liabilities
104,688
112,074
127,162
149,217
156,104
164,084
175,441
209,523
222,345
206,119
204,362
213,037
144,192
157,877
167,021
net assets
369,876
364,534
357,343
350,449
343,354
340,360
334,952
356,068
400,215
436,998
441,610
437,765
435,964
422,325
410,153
total shareholders funds
369,876
364,534
357,343
350,449
343,354
340,360
334,952
356,068
400,215
436,998
441,610
437,765
435,964
422,325
410,153
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
13,264
16,797
14,483
14,672
10,557
15,351
-11,238
-33,497
403,566
-4,612
4,867
2,339
17,946
21,536
46,712
Depreciation
32
9
14
19
25
33
44
59
79
105
140
186
Amortisation
Tax
-1,781
-2,397
-1,617
-1,664
-702
-1,269
-79,600
-1,022
-538
-4,307
-4,277
-11,655
Stock
Debtors
2,415
-14,173
-27,264
33,638
-26,368
23,681
-94,809
71,064
-21,407
-2,796
-4,751
70,751
94
67
27,174
Creditors
96
-57,968
11,751
883
-13,795
3,645
49,345
6,139
Accruals and Deferred Income
6,356
122
-12,300
-524
12,845
788
-1,015
-4,983
9,115
Deferred Taxes & Provisions
-1
4,099
-3
-989
-6,116
41,974
Cash flow from operations
15,520
28,695
27,862
-21,146
53,181
-8,795
81,592
-115,627
338,538
9,994
9,558
-82,640
17,330
66,723
14,022
Investing Activities
capital expenditure
552,402
-3,147
-550,000
Change in Investments
-2,000
-128,000
553,296
cash flow from investments
2,000
128,000
-894
-3,147
-550,000
Financing Activities
Bank loans
15,872
-12,258
-320
-132,136
126,647
18,067
Group/Directors Accounts
-4,354
4,354
Other Short Term Loans
-14,961
14,961
Long term loans
-13,838
-16,121
-18,820
-12,258
-12,666
-11,822
124,877
-137,658
137,658
-119,009
119,009
Hire Purchase and Lease Commitments
other long term liabilities
-148,151
-9,994
-9,558
82,640
-17,330
102,393
share issue
-355,183
380,183
interest
-6,141
-7,209
-5,972
-5,913
-6,861
-8,674
-9,878
-10,650
-5,566
-5,087
-5,087
cash flow from financing
-19,979
-22,419
-9,831
-18,171
-31,785
-20,816
-17,137
-21,661
-353,175
-9,994
-9,558
82,640
-17,330
-26,057
498,459
cash and cash equivalents
cash
-4,459
6,276
12,135
-33,421
21,396
-27,611
39,636
overdraft
-5,896
5,896
-24,819
9,288
15,531
-37,519
37,519
change in cash
-4,459
6,276
18,031
-39,317
21,396
-27,611
64,455
-9,288
-15,531
37,519
-37,519
property express limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for property express limited. Get real-time insights into property express limited's credit score, group structure and payment trends.
Perform a competitor analysis for property express limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in TQ1 area or any other competitors across 12 key performance metrics.
property express limited Ownership
PROPERTY EXPRESS LIMITED group structure
Property Express Limited has no subsidiary companies.
Ultimate parent company
PROPERTY EXPRESS LIMITED
01783871
PROPERTY EXPRESS LIMITED Shareholders
The largest shareholders in Property Express Limited include Mr Crispin John Boyce and Crispin John Boyce.
mr crispin john boyce
80%
crispin john boyce
20%
property express limited directors
Property Express Limited currently has 1 director, Mr Crispin Boyce serving since Jul 1995.
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
January 1984
age
41
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
NEIL WILSON ACCOUNTANCY LIMITED
auditor
-
address
blue horizon, ilsham marine drive, torquay, devon, TQ1 2HT
Bank
-
Legal Advisor
-
property express 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 7 charges/mortgages relating to property express limited. Currently there are 5 open charges and 2 have been satisfied in the past.
property express 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 PROPERTY EXPRESS LIMITED. This can take several minutes, an email will notify you when this has completed.
property express limitedCompanies House Filings - See Documents
