starting gates residents association (newbury) limited

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starting gates residents association (newbury) limited Company Information

Share STARTING GATES RESIDENTS ASSOCIATION (NEWBURY) LIMITED

Company Number

01903828

Directors

Brian Watts

Shareholders

joe hadley

sam hallett

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Group Structure

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Industry

Management of real estate on a fee or contract basis

 

Registered Address

wb lettings ltd, the old joinery, ayres lane, newbury, berkshire, RG14 5DJ

Website

-

starting gates residents association (newbury) limited Estimated Valuation

£33.4k

Pomanda estimates the enterprise value of STARTING GATES RESIDENTS ASSOCIATION (NEWBURY) LIMITED at £33.4k based on a Turnover of £21.5k and 1.56x industry multiple (adjusted for size and gross margin).

starting gates residents association (newbury) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of STARTING GATES RESIDENTS ASSOCIATION (NEWBURY) LIMITED at £0 based on an EBITDA of £-14.2k and a 4.1x industry multiple (adjusted for size and gross margin).

starting gates residents association (newbury) limited Estimated Valuation

£27.1k

Pomanda estimates the enterprise value of STARTING GATES RESIDENTS ASSOCIATION (NEWBURY) LIMITED at £27.1k based on Net Assets of £14.9k and 1.82x industry multiple (adjusted for liquidity).

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Starting Gates Residents Association (newbury) Limited Overview

Starting Gates Residents Association (newbury) Limited is a live company located in newbury, RG14 5DJ with a Companies House number of 01903828. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in April 1985, it's largest shareholder is joe hadley with a 10% stake. Starting Gates Residents Association (newbury) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £21.5k with declining growth in recent years.

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Starting Gates Residents Association (newbury) Limited Health Check

Pomanda's financial health check has awarded Starting Gates Residents Association (Newbury) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £21.5k, make it smaller than the average company (£360.4k)

£21.5k - Starting Gates Residents Association (newbury) Limited

£360.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (4.5%)

-22% - Starting Gates Residents Association (newbury) Limited

4.5% - Industry AVG

production

Production

with a gross margin of 15.5%, this company has a higher cost of product (68.8%)

15.5% - Starting Gates Residents Association (newbury) Limited

68.8% - Industry AVG

profitability

Profitability

an operating margin of -65.9% make it less profitable than the average company (6.6%)

-65.9% - Starting Gates Residents Association (newbury) Limited

6.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (7)

1 - Starting Gates Residents Association (newbury) Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)

£42.6k - Starting Gates Residents Association (newbury) Limited

£42.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £21.5k, this is less efficient (£103.5k)

£21.5k - Starting Gates Residents Association (newbury) Limited

£103.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 195 days, this is later than average (49 days)

195 days - Starting Gates Residents Association (newbury) Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 11 days, this is quicker than average (30 days)

11 days - Starting Gates Residents Association (newbury) Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Starting Gates Residents Association (newbury) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Starting Gates Residents Association (newbury) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3.7%, this is a lower level of debt than the average (56.7%)

3.7% - Starting Gates Residents Association (newbury) Limited

56.7% - Industry AVG

STARTING GATES RESIDENTS ASSOCIATION (NEWBURY) LIMITED financials

EXPORTms excel logo

Starting Gates Residents Association (Newbury) Limited's latest turnover from December 2023 is estimated at £21.5 thousand and the company has net assets of £14.9 thousand. According to their latest financial statements, we estimate that Starting Gates Residents Association (Newbury) Limited has 1 employee 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
Turnover21,47744,08554,03244,45435,56926,28419,08722,7724,8194,4424,1754,3363,8213,149
Other Income Or Grants
Cost Of Sales18,14836,67946,37338,35529,77822,02515,53418,9554,2444,0203,7843,9353,4692,869
Gross Profit3,3297,4067,6606,0995,7914,2593,5533,817575422391401352280
Admin Expenses17,48113,4491,3535558-5834,0689,643-1,259-2,910-2,879-3,024-1,0887,986-28,120
Operating Profit-14,152-6,0436,3076,0945,2334,842-515-5,8261,8343,3323,2703,4251,440-7,70628,120
Interest Payable
Interest Receivable2494837058496643
Pre-Tax Profit-14,152-6,0436,3076,0945,2334,842-515-5,8021,9283,4153,3403,4831,489-7,64028,163
Tax-1,198-1,158-994-920-385-717-768-836-387-7,885
Profit After Tax-14,152-6,0435,1094,9364,2393,922-515-5,8021,5422,6982,5722,6471,102-7,64020,277
Dividends Paid
Retained Profit-14,152-6,0435,1094,9364,2393,922-515-5,8021,5422,6982,5722,6471,102-7,64020,277
Employee Costs42,58642,37738,34136,56536,41634,94432,43132,62036,15433,75033,78834,17934,97734,782
Number Of Employees11111111111111
EBITDA*-14,152-6,0436,3076,0945,2334,842-515-5,8261,8343,3323,2703,4251,440-7,70628,120

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets3,9703,9703,9703,9703,9703,9703,9703,9703,9703,9703,9703,9703,9703,9703,970
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,9703,9703,9703,9703,9703,9703,9703,9703,9703,9703,9703,9703,9703,9703,970
Stock & work in progress
Trade Debtors11,49625,53631,66726,45821,52217,28313,36113,8221,5341,3701,3651,3631,1641,048908
Group Debtors
Misc Debtors
Cash19,40018,01015,31712,74710,2999,31317,062
misc current assets
total current assets11,49625,53631,66726,45821,52217,28313,36113,82220,93419,38016,68214,11011,46310,36117,970
total assets15,46629,50635,63730,42825,49221,25317,33117,79224,90423,35020,65218,08015,43314,33121,940
Bank overdraft
Bank loan
Trade Creditors 574462550450450450450396396384384384384384353
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities574462550450450450450396396384384384384384353
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities574462550450450450450396396384384384384384353
net assets14,89229,04435,08729,97825,04220,80316,88117,39624,50822,96620,26817,69615,04913,94721,587
total shareholders funds14,89229,04435,08729,97825,04220,80316,88117,39624,50822,96620,26817,69615,04913,94721,587
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-14,152-6,0436,3076,0945,2334,842-515-5,8261,8343,3323,2703,4251,440-7,70628,120
Depreciation
Amortisation
Tax-1,198-1,158-994-920-385-717-768-836-387-7,885
Stock
Debtors-14,040-6,1315,2094,9364,2393,922-46112,28816452199116140908
Creditors112-88100541231353
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-18,1141,2972,6102,5002,390937-7,81519,680
Investing Activities
capital expenditure-3,970
Change in Investments
cash flow from investments-3,970
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-1,3101,310
interest2494837058496643
cash flow from financing-1,2869483705849661,353
cash and cash equivalents
cash-19,4001,3902,6932,5702,448986-7,74917,062
overdraft
change in cash-19,4001,3902,6932,5702,448986-7,74917,062

starting gates residents association (newbury) 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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Starting Gates Residents Association (newbury) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for starting gates residents association (newbury) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in RG14 area or any other competitors across 12 key performance metrics.

starting gates residents association (newbury) limited Ownership

STARTING GATES RESIDENTS ASSOCIATION (NEWBURY) LIMITED group structure

Starting Gates Residents Association (Newbury) Limited has no subsidiary companies.

Ultimate parent company

STARTING GATES RESIDENTS ASSOCIATION (NEWBURY) LIMITED

01903828

STARTING GATES RESIDENTS ASSOCIATION (NEWBURY) LIMITED Shareholders

joe hadley 10%
sam hallett 10%
essex wynter charity 10%
stephen corrie 10%
sylvia page 10%
brian watts 10%
yan pekar 10%
lindsey ellis 10%
graziano pratali 10%
scott gourlay & christine gourlay 10%

starting gates residents association (newbury) limited directors

Starting Gates Residents Association (Newbury) Limited currently has 1 director, Mr Brian Watts serving since Jun 2008.

officercountryagestartendrole
Mr Brian Watts86 years Jun 2008- Director

P&L

December 2023

turnover

21.5k

-51%

operating profit

-14.2k

0%

gross margin

15.5%

-7.74%

turnover

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

Balance Sheet

December 2023

net assets

14.9k

-0.49%

total assets

15.5k

-0.48%

cash

0

0%

net assets

Total assets minus all liabilities

starting gates residents association (newbury) limited company details

company number

01903828

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

April 1985

age

40

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

clevecourt limited (June 1985)

accountant

-

auditor

-

address

wb lettings ltd, the old joinery, ayres lane, newbury, berkshire, RG14 5DJ

Bank

PORTMAN BUILDING SOCIETY

Legal Advisor

-

starting gates residents association (newbury) 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 starting gates residents association (newbury) limited.

starting gates residents association (newbury) 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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starting gates residents association (newbury) limited Companies House Filings - See Documents

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