heroic properties limited

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heroic properties limited Company Information

Share HEROIC PROPERTIES LIMITED

Company Number

02157430

Directors

Shailesh Vora

Urvashi Vora

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Shareholders

moatgrove ltd

korrigan world investment inc.

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Group Structure

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Industry

Buying and selling of own real estate

 

Registered Address

hygeia building, rear ground floor, harrow, middlesex, HA1 1BE

Website

-

heroic properties limited Estimated Valuation

£862.7k

Pomanda estimates the enterprise value of HEROIC PROPERTIES LIMITED at £862.7k based on a Turnover of £292.9k and 2.95x industry multiple (adjusted for size and gross margin).

heroic properties limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of HEROIC PROPERTIES LIMITED at £1.6m based on an EBITDA of £250.7k and a 6.23x industry multiple (adjusted for size and gross margin).

heroic properties limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of HEROIC PROPERTIES LIMITED at £4.4m based on Net Assets of £2.8m and 1.6x industry multiple (adjusted for liquidity).

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Heroic Properties Limited Overview

Heroic Properties Limited is a live company located in harrow, HA1 1BE with a Companies House number of 02157430. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 1987, it's largest shareholder is moatgrove ltd with a 50% stake. Heroic Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £292.9k with declining growth in recent years.

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Heroic Properties Limited Health Check

Pomanda's financial health check has awarded Heroic Properties Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £292.9k, make it smaller than the average company (£823.2k)

£292.9k - Heroic Properties Limited

£823.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (3.1%)

-10% - Heroic Properties Limited

3.1% - Industry AVG

production

Production

with a gross margin of 67.5%, this company has a comparable cost of product (67.5%)

67.5% - Heroic Properties Limited

67.5% - Industry AVG

profitability

Profitability

an operating margin of 85.6% make it more profitable than the average company (27.1%)

85.6% - Heroic Properties Limited

27.1% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (4)

3 - Heroic Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)

£38.5k - Heroic Properties Limited

£38.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £97.6k, this is less efficient (£200.6k)

£97.6k - Heroic Properties Limited

£200.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (26 days)

11 days - Heroic Properties Limited

26 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Heroic Properties Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Heroic Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (7 weeks)

38 weeks - Heroic Properties Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 21.9%, this is a lower level of debt than the average (62.5%)

21.9% - Heroic Properties Limited

62.5% - Industry AVG

HEROIC PROPERTIES LIMITED financials

EXPORTms excel logo

Heroic Properties Limited's latest turnover from March 2024 is estimated at £292.9 thousand and the company has net assets of £2.8 million. According to their latest financial statements, Heroic Properties Limited has 3 employees and maintains cash reserves of £98.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover292,929271,830447,683400,705216,159207,0801,568,190919,568224,2011,015,3641,297,358883,011301,927324,146260,322
Other Income Or Grants
Cost Of Sales95,26291,497153,585130,30669,39763,987502,279296,98571,979376,645528,321329,592108,477114,79296,200
Gross Profit197,667180,334294,098270,399146,762143,0921,065,910622,583152,223638,718769,037553,419193,451209,354164,122
Admin Expenses-52,997-1,683,126122,83590,796-2,951-44,288855,088435,268161,630445,476689,279392,420-41,20983,108-396,645
Operating Profit250,6641,863,460171,263179,603149,713187,380210,822187,315-9,407193,24279,758160,999234,660126,246560,767
Interest Payable80,27880,69558,47055,48557,70668,37470,76872,94268,59470,83984,90480,75769,13976,03244,081
Interest Receivable3,5771,39151391531861135691184244416446548406
Pre-Tax Profit173,9631,784,157113,306124,20992,060119,193140,168114,429-77,911122,587-4,90280,658165,96650,761517,093
Tax-43,491-338,990-21,528-23,600-17,491-22,647-26,632-22,886-25,743-19,358-43,151-14,213-144,786
Profit After Tax130,4721,445,16791,778100,60974,56996,546113,53691,543-77,91196,844-4,90261,300122,81536,548372,307
Dividends Paid
Retained Profit130,4721,445,16791,778100,60974,56996,546113,53691,543-77,91196,844-4,90261,300122,81536,548372,307
Employee Costs115,495107,400109,744106,955116,422115,676105,750104,377112,847175,219213,902165,54565,21766,82965,417
Number Of Employees333333333565222
EBITDA*250,6641,863,460171,461179,835150,007188,405211,955188,248-8,739193,85180,523161,756235,418126,798561,432

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,1191,3171,6633,3404,4203,6993,7873,4534,3374,2893,314,2953,153,1303,153,771
Intangible Assets
Investments & Other3,420,0003,420,0003,420,0003,420,0003,600,0003,600,0003,600,0003,950,0003,795,0003,875,0003,450,0003,450,000
Debtors (Due After 1 year)
Total Fixed Assets3,420,0003,420,0003,421,1193,421,3173,601,6633,603,3403,604,4203,953,6993,798,7873,878,4533,454,3373,454,2893,314,2953,153,1303,153,771
Stock & work in progress
Trade Debtors9,58114,98543,50143,8974,4035,284164,15388,0854,13591,991108,17382,21617,52321,26513,976
Group Debtors
Misc Debtors6,5052,938103,4172,6847,13613,82228,1039,48414,669
Cash98,31537,95827,514109,38471,85533,98315,74129,61115,55220,67252,91944,732121,85556,458162,543
misc current assets
total current assets114,40155,881174,432155,96583,39453,089207,997127,18034,356112,663161,092126,948139,37877,723176,519
total assets3,534,4013,475,8813,595,5513,577,2823,685,0573,656,4293,812,4174,080,8793,833,1433,991,1163,615,4293,581,2373,453,6733,230,8533,330,290
Bank overdraft
Bank loan72,56075,34386,38681,85868,76768,19567,63272,65371,830
Trade Creditors 16,28819,1196,0336,0336,03386,32546,66920,750161,137234,820126,546130,650127,559144,080
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities61,82246,52149,02754,06377,18755,185160,946286,24989,876
total current liabilities134,382138,152154,532141,954151,987129,413314,903405,571182,456161,137234,820126,546130,650127,559144,080
loans605,543673,725739,082825,132843,417911,613978,4481,058,7371,130,937907,8221,271,8241,340,6191,144,225983,1331,356,328
hp & lease commitments
Accruals and Deferred Income
other liabilities293,658266,026446,182183,580
provisions33,25533,25525,48725,52421,24321,56221,77186,06780,789
total long term liabilities638,798706,980764,569850,656864,660933,1751,000,2191,144,8041,211,7261,201,4801,271,8241,340,6191,410,2511,429,3151,539,908
total liabilities773,180845,132919,101992,6101,016,6471,062,5881,315,1221,550,3751,394,1821,362,6171,506,6441,467,1651,540,9011,556,8741,683,988
net assets2,761,2212,630,7492,676,4502,584,6722,668,4102,593,8412,497,2952,530,5042,438,9612,628,4992,108,7852,114,0721,912,7721,673,9791,646,302
total shareholders funds2,761,2212,630,7492,676,4502,584,6722,668,4102,593,8412,497,2952,530,5042,438,9612,628,4992,108,7852,114,0721,912,7721,673,9791,646,302
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit250,6641,863,460171,263179,603149,713187,380210,822187,315-9,407193,24279,758160,999234,660126,246560,767
Depreciation1982322941,0251,133933668609765757758552665
Amortisation
Tax-43,491-338,990-21,528-23,600-17,491-22,647-26,632-22,886-25,743-19,358-43,151-14,213-144,786
Stock
Debtors-1,837-128,995100,33735,042-7,567-173,15094,68778,765-73,187-16,18225,95764,693-3,7427,28913,976
Creditors-16,288-2,83113,086-80,29239,65625,919-140,387-73,683108,274-4,1043,091-16,521144,080
Accruals and Deferred Income15,301-2,506-5,036-23,12422,002-105,761-125,303196,37389,876
Deferred Taxes & Provisions7,768-374,281-319-209-64,2965,27880,789
Cash flow from operations208,0231,655,89657,609102,350161,766152,646-59,307314,16794,726110,607162,84073,601199,10088,775546,750
Investing Activities
capital expenditure1,1191141,38355-1,854-845-1,002275-8133,309,249-161,92389-3,154,436
Change in Investments-180,000-350,000155,000-80,000425,0003,450,000
cash flow from investments1,119180,1141,38355348,146-155,84578,998-424,725-813-140,751-161,92389-3,154,436
Financing Activities
Bank loans-2,783-11,0434,52813,091572563-5,02182371,830
Group/Directors Accounts
Other Short Term Loans
Long term loans-68,182-65,357-86,050-18,285-68,196-66,835-80,289-72,200223,115-364,002-68,795196,394161,092-373,1951,356,328
Hire Purchase and Lease Commitments
other long term liabilities-293,658293,658-266,026-180,156262,602183,580
share issue-1,490,868-184,347-146,745-111,627422,870-385140,000115,978-8,8711,273,995
interest-76,701-79,304-57,957-55,394-57,653-68,188-70,655-72,886-68,503-70,655-84,660-80,341-68,693-75,484-43,675
cash flow from financing-147,666-1,646,572-139,479-244,935-125,277-134,460-302,710-144,263-178,843281,871-153,840-9,97328,221-194,9482,770,228
cash and cash equivalents
cash60,35710,444-81,87037,52937,87218,242-13,87014,059-5,120-32,2478,187-77,12365,397-106,085162,543
overdraft
change in cash60,35710,444-81,87037,52937,87218,242-13,87014,059-5,120-32,2478,187-77,12365,397-106,085162,543

heroic properties 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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Heroic Properties Limited Competitor Analysis

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Perform a competitor analysis for heroic properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HA1 area or any other competitors across 12 key performance metrics.

heroic properties limited Ownership

HEROIC PROPERTIES LIMITED group structure

Heroic Properties Limited has no subsidiary companies.

Ultimate parent company

HEROIC PROPERTIES LIMITED

02157430

HEROIC PROPERTIES LIMITED Shareholders

moatgrove ltd 50%
korrigan world investment inc. 49%
mr shailesh ratilal vora 1%

heroic properties limited directors

Heroic Properties Limited currently has 4 directors. The longest serving directors include Mr Shailesh Vora (Sep 1992) and Mrs Urvashi Vora (Dec 2014).

officercountryagestartendrole
Mr Shailesh VoraUnited Kingdom79 years Sep 1992- Director
Mrs Urvashi VoraUnited Kingdom79 years Dec 2014- Director
Mrs Rhisha Patel41 years Feb 2020- Director
Mrs Rhisha PatelUnited Kingdom41 years Feb 2020- Director

P&L

March 2024

turnover

292.9k

+8%

operating profit

250.7k

0%

gross margin

67.5%

+1.72%

turnover

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

Balance Sheet

March 2024

net assets

2.8m

+0.05%

total assets

3.5m

+0.02%

cash

98.3k

+1.59%

net assets

Total assets minus all liabilities

heroic properties limited company details

company number

02157430

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

August 1987

age

38

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

AVENTUS PARTNERS LIMITED

auditor

-

address

hygeia building, rear ground floor, harrow, middlesex, HA1 1BE

Bank

HSBC BANK PLC

Legal Advisor

-

heroic properties 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 31 charges/mortgages relating to heroic properties limited. Currently there are 6 open charges and 25 have been satisfied in the past.

heroic properties 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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heroic properties limited Companies House Filings - See Documents

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