patelcrest limited
patelcrest limited Company Information
Company Number
01963295
Next Accounts
Sep 2025
Shareholders
dinkar rambhai patel
meena mahesha patel
Group Structure
View All
Industry
Development of building projects
Registered Address
c/o kishens limited, 13 montpelier avenue, bexley, kent, DA5 3AP
Website
-patelcrest limited Estimated Valuation
Pomanda estimates the enterprise value of PATELCREST LIMITED at £469.3k based on a Turnover of £1.4m and 0.33x industry multiple (adjusted for size and gross margin).
patelcrest limited Estimated Valuation
Pomanda estimates the enterprise value of PATELCREST LIMITED at £206.9k based on an EBITDA of £78.7k and a 2.63x industry multiple (adjusted for size and gross margin).
patelcrest limited Estimated Valuation
Pomanda estimates the enterprise value of PATELCREST LIMITED at £343.3k based on Net Assets of £243k and 1.41x industry multiple (adjusted for liquidity).
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Patelcrest Limited Overview
Patelcrest Limited is a live company located in bexley, DA5 3AP with a Companies House number of 01963295. It operates in the development of building projects sector, SIC Code 41100. Founded in November 1985, it's largest shareholder is dinkar rambhai patel with a 90% stake. Patelcrest Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.
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Patelcrest Limited Health Check
Pomanda's financial health check has awarded Patelcrest Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£2.5m)
- Patelcrest Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4.8%)
- Patelcrest Limited
4.8% - Industry AVG
Production
with a gross margin of 9.9%, this company has a higher cost of product (27.3%)
- Patelcrest Limited
27.3% - Industry AVG
Profitability
an operating margin of 5.6% make it as profitable than the average company (7%)
- Patelcrest Limited
7% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Patelcrest Limited
7 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- Patelcrest Limited
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £705.3k, this is more efficient (£289.9k)
- Patelcrest Limited
£289.9k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (28 days)
- Patelcrest Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 267 days, this is slower than average (31 days)
- Patelcrest Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Patelcrest Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Patelcrest Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.7%, this is a higher level of debt than the average (73.5%)
82.7% - Patelcrest Limited
73.5% - Industry AVG
PATELCREST LIMITED financials
Patelcrest Limited's latest turnover from December 2023 is estimated at £1.4 million and the company has net assets of £243 thousand. According to their latest financial statements, Patelcrest Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | 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 | 2 | 2 | 3 | 4 | 4 | 4 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | 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 | 1,376,395 | 1,336,322 | 1,336,555 | 1,752 | 2,061 | 2,425 | 2,853 | 3,357 | 3,950 | 4,647 | 5,467 | 16,432 | 10,000 | 10,000 | 10,000 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,376,395 | 1,336,322 | 1,336,555 | 1,752 | 2,061 | 2,425 | 2,853 | 3,357 | 3,950 | 4,647 | 5,467 | 16,432 | 10,000 | 10,000 | 10,000 |
| Stock & work in progress | 260,668 | 260,668 | 260,668 | 260,668 | 260,668 | 260,668 | 260,668 | 260,668 | |||||||
| Trade Debtors | 28,544 | 62,946 | 29,595 | 280,579 | 278,651 | 1,080,406 | 1,071,020 | 807,839 | 807,839 | 807,839 | 816,294 | 805,755 | 807,839 | ||
| Group Debtors | 807,839 | 807,839 | |||||||||||||
| Misc Debtors | 1,061 | 678 | 297 | 449 | 421 | ||||||||||
| Cash | 24,959 | 22,912 | 43,034 | 44,915 | 32,358 | 5,589 | 12,767 | 17,866 | |||||||
| misc current assets | 309 | ||||||||||||||
| total current assets | 29,605 | 63,624 | 29,595 | 280,579 | 278,651 | 1,080,703 | 1,071,329 | 1,093,915 | 1,091,840 | 1,111,541 | 1,113,422 | 1,100,865 | 1,082,551 | 1,079,190 | 1,086,373 |
| total assets | 1,406,000 | 1,399,946 | 1,366,150 | 282,331 | 280,712 | 1,083,128 | 1,074,182 | 1,097,272 | 1,095,790 | 1,116,188 | 1,118,889 | 1,117,297 | 1,092,551 | 1,089,190 | 1,096,373 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 933,391 | 993,988 | 989,100 | 987,677 | 981,422 | 1,484,040 | 1,495,520 | 1,628,667 | 1,686,423 | 1,793,537 | 1,816,204 | 1,860,942 | 1,969,674 | ||
| Group/Directors Accounts | 1,532,833 | 1,572,671 | |||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 24,612 | 9,080 | |||||||||||||
| total current liabilities | 933,391 | 993,988 | 989,100 | 987,677 | 981,422 | 1,484,040 | 1,495,520 | 1,557,445 | 1,581,751 | 1,628,667 | 1,686,423 | 1,793,537 | 1,816,204 | 1,860,942 | 1,969,674 |
| loans | 328,457 | 328,457 | 328,457 | 328,457 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 17,800 | 17,800 | 17,800 | 18,700 | 18,700 | 16,300 | 19,300 | ||||||||
| other liabilities | 328,457 | 328,457 | 328,457 | 328,457 | 328,457 | 328,457 | |||||||||
| provisions | 211,823 | 204,173 | 204,173 | 42 | 34 | 22 | |||||||||
| total long term liabilities | 229,623 | 221,973 | 221,973 | 18,700 | 18,742 | 344,791 | 347,779 | 328,457 | 328,457 | 328,457 | 328,457 | 328,457 | 328,457 | 328,457 | 328,457 |
| total liabilities | 1,163,014 | 1,215,961 | 1,211,073 | 1,006,377 | 1,000,164 | 1,828,831 | 1,843,299 | 1,885,902 | 1,910,208 | 1,957,124 | 2,014,880 | 2,121,994 | 2,144,661 | 2,189,399 | 2,298,131 |
| net assets | 242,986 | 183,985 | 155,077 | -724,046 | -719,452 | -745,703 | -769,117 | -788,630 | -814,418 | -840,936 | -895,991 | -1,004,697 | -1,052,110 | -1,100,209 | -1,201,758 |
| total shareholders funds | 242,986 | 183,985 | 155,077 | -724,046 | -719,452 | -745,703 | -769,117 | -788,630 | -814,418 | -840,936 | -895,991 | -1,004,697 | -1,052,110 | -1,100,209 | -1,201,758 |
| Dec 2023 | Dec 2022 | Dec 2021 | 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 | 593 | 697 | 820 | 965 | 1,135 | ||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -260,668 | 260,668 | |||||||||||||
| Debtors | -34,019 | 34,029 | -249,056 | 1,928 | -802,052 | 9,683 | 262,732 | 28 | 421 | -8,455 | 10,539 | -2,084 | 807,839 | ||
| Creditors | -60,597 | 4,888 | 7,678 | 6,255 | -502,618 | -11,480 | 1,495,520 | -1,628,667 | -57,756 | -107,114 | -22,667 | -44,738 | -108,732 | 1,969,674 | |
| Accruals and Deferred Income | -900 | 2,400 | -3,000 | -5,312 | 15,532 | 9,080 | |||||||||
| Deferred Taxes & Provisions | 7,650 | 204,131 | -42 | 8 | 12 | 22 | |||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -1,532,833 | -39,838 | 1,572,671 | ||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -328,457 | 328,457 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -328,457 | 328,457 | |||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -24,959 | 2,047 | -20,122 | -1,881 | 12,557 | 26,769 | -7,178 | -5,099 | 17,866 | ||||||
| overdraft | |||||||||||||||
| change in cash | -24,959 | 2,047 | -20,122 | -1,881 | 12,557 | 26,769 | -7,178 | -5,099 | 17,866 |
patelcrest limited Credit Report and Business Information
Patelcrest Limited Competitor Analysis
Perform a competitor analysis for patelcrest limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in DA5 area or any other competitors across 12 key performance metrics.
patelcrest limited Ownership
PATELCREST LIMITED group structure
Patelcrest Limited has no subsidiary companies.
Ultimate parent company
PATELCREST LIMITED
01963295
patelcrest limited directors
Patelcrest Limited currently has 2 directors. The longest serving directors include Mr Amish Patel (Sep 1997) and Ms Priya Patel (Jun 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Amish Patel | England | 54 years | Sep 1997 | - | Director |
| Ms Priya Patel | England | 48 years | Jun 2007 | - | Director |
P&L
December 2023turnover
1.4m
-13%
operating profit
78.7k
0%
gross margin
9.9%
-1.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
243k
+0.32%
total assets
1.4m
0%
cash
0
0%
net assets
Total assets minus all liabilities
patelcrest limited company details
company number
01963295
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 1985
age
40
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
KISHENS LIMITED
auditor
-
address
c/o kishens limited, 13 montpelier avenue, bexley, kent, DA5 3AP
Bank
ABBEY NATIONAL PLC
Legal Advisor
-
patelcrest 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 3 charges/mortgages relating to patelcrest limited. Currently there are 0 open charges and 3 have been satisfied in the past.
patelcrest 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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patelcrest limited Companies House Filings - See Documents
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