nine palmeira square (hove) limited
nine palmeira square (hove) limited Company Information
Company Number
02229415
Next Accounts
Dec 2025
Industry
Residents property management
Shareholders
max vitiello
virginia graham
View AllGroup Structure
View All
Contact
Registered Address
9 palmeira square, hove, east sussex, BN3 2JB
Website
-nine palmeira square (hove) limited Estimated Valuation
Pomanda estimates the enterprise value of NINE PALMEIRA SQUARE (HOVE) LIMITED at £0 based on a Turnover of £22.7k and 0x industry multiple (adjusted for size and gross margin).
nine palmeira square (hove) limited Estimated Valuation
Pomanda estimates the enterprise value of NINE PALMEIRA SQUARE (HOVE) LIMITED at £0 based on an EBITDA of £-3.2k and a 0x industry multiple (adjusted for size and gross margin).
nine palmeira square (hove) limited Estimated Valuation
Pomanda estimates the enterprise value of NINE PALMEIRA SQUARE (HOVE) LIMITED at £0 based on Net Assets of £4.2k and 0x industry multiple (adjusted for liquidity).
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Nine Palmeira Square (hove) Limited Overview
Nine Palmeira Square (hove) Limited is a live company located in east sussex, BN3 2JB with a Companies House number of 02229415. It operates in the residents property management sector, SIC Code 98000. Founded in March 1988, it's largest shareholder is max vitiello with a 16.7% stake. Nine Palmeira Square (hove) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £22.7k with high growth in recent years.
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Nine Palmeira Square (hove) Limited Health Check
Pomanda's financial health check has awarded Nine Palmeira Square (Hove) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £22.7k, make it smaller than the average company (£136.5k)
£22.7k - Nine Palmeira Square (hove) Limited
£136.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (5.6%)
20% - Nine Palmeira Square (hove) Limited
5.6% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (86.3%)
100% - Nine Palmeira Square (hove) Limited
86.3% - Industry AVG
Profitability
an operating margin of -13.9% make it less profitable than the average company (3.8%)
-13.9% - Nine Palmeira Square (hove) Limited
3.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Nine Palmeira Square (hove) Limited
6 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Nine Palmeira Square (hove) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £22.7k, this is less efficient (£60.3k)
- Nine Palmeira Square (hove) Limited
£60.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Nine Palmeira Square (hove) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Nine Palmeira Square (hove) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nine Palmeira Square (hove) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 81 weeks, this is less cash available to meet short term requirements (114 weeks)
81 weeks - Nine Palmeira Square (hove) Limited
114 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.3%, this is a higher level of debt than the average (49.7%)
62.3% - Nine Palmeira Square (hove) Limited
49.7% - Industry AVG
NINE PALMEIRA SQUARE (HOVE) LIMITED financials
Nine Palmeira Square (Hove) Limited's latest turnover from March 2024 is £22.7 thousand and the company has net assets of £4.2 thousand. According to their latest financial statements, we estimate that Nine Palmeira Square (Hove) Limited has 1 employee and maintains cash reserves of £11 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | 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 | 22,697 | 13,801 | 13,800 | 13,200 | 13,200 | 13,200 | 18,299 | 10,500 | 9,600 | 11,400 | 11,400 | 10,800 | 10,800 | 10,800 | 10,800 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,614 | 10,398 | 15,576 | 9,767 | 10,776 | 4,455 |
| Gross Profit | 22,697 | 13,801 | 13,800 | 13,200 | 13,200 | 13,200 | 18,299 | 10,500 | 9,600 | 6,786 | 1,002 | -4,776 | 1,033 | 24 | 6,345 |
| Admin Expenses | 25,851 | 15,610 | 12,772 | 9,863 | 9,458 | 15,847 | 26,498 | 11,362 | 6,786 | 639 | |||||
| Operating Profit | -3,154 | -1,809 | 1,028 | 3,337 | 3,742 | -2,647 | -8,199 | -862 | 2,814 | 5,706 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -3,154 | -1,809 | 1,028 | 3,337 | 3,742 | -2,647 | -8,199 | -862 | 2,814 | 6,077 | 290 | -7,159 | 279 | -652 | 5,706 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -3,154 | -1,809 | 1,028 | 3,337 | 3,742 | -2,647 | -8,199 | -862 | 2,814 | 6,077 | 290 | -7,159 | 279 | -652 | 5,706 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -3,154 | -1,809 | 1,028 | 3,337 | 3,742 | -2,647 | -8,199 | -862 | 2,814 | 6,077 | 290 | -7,159 | 279 | -652 | 5,706 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | ||||||||||
| EBITDA* | -3,154 | -1,809 | 1,028 | 3,337 | 3,742 | -2,647 | -8,199 | -862 | 2,814 | 5,706 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | 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 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 11,013 | 14,051 | 14,718 | 13,682 | 10,263 | 6,521 | 6,944 | 11,699 | 12,561 | 9,747 | 3,670 | 3,427 | 10,604 | 10,282 | 10,964 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,013 | 14,051 | 14,718 | 13,682 | 10,263 | 6,521 | 6,944 | 11,699 | 12,561 | 9,747 | 3,670 | 3,427 | 10,604 | 10,282 | 10,964 |
| total assets | 11,263 | 14,301 | 14,968 | 13,932 | 10,513 | 6,771 | 7,194 | 11,949 | 12,811 | 9,997 | 3,920 | 3,677 | 10,854 | 10,532 | 11,214 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47 | 65 | 0 | 52 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,016 | 6,900 | 5,758 | 5,750 | 5,668 | 5,668 | 3,444 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 7,016 | 6,900 | 5,758 | 5,750 | 5,668 | 5,668 | 3,444 | 0 | 0 | 0 | 0 | 47 | 65 | 22 | 52 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 7,016 | 6,900 | 5,758 | 5,750 | 5,668 | 5,668 | 3,444 | 0 | 0 | 0 | 0 | 47 | 65 | 22 | 52 |
| net assets | 4,247 | 7,401 | 9,210 | 8,182 | 4,845 | 1,103 | 3,750 | 11,949 | 12,811 | 9,997 | 3,920 | 3,630 | 10,789 | 10,510 | 11,162 |
| total shareholders funds | 4,247 | 7,401 | 9,210 | 8,182 | 4,845 | 1,103 | 3,750 | 11,949 | 12,811 | 9,997 | 3,920 | 3,630 | 10,789 | 10,510 | 11,162 |
| Mar 2024 | Mar 2023 | Mar 2022 | 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 | -3,154 | -1,809 | 1,028 | 3,337 | 3,742 | -2,647 | -8,199 | -862 | 2,814 | 5,706 | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -22 | 22 | 0 |
| Accruals and Deferred Income | 116 | 1,142 | 8 | 82 | 0 | 2,224 | 3,444 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -3,038 | -667 | 1,036 | 3,419 | 3,742 | -423 | -4,755 | -862 | 2,814 | 5,706 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,456 |
| cash and cash equivalents | |||||||||||||||
| cash | -3,038 | -667 | 1,036 | 3,419 | 3,742 | -423 | -4,755 | -862 | 2,814 | 6,077 | 243 | -7,177 | 322 | -682 | 10,964 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -47 | -18 | 65 | -52 | 52 |
| change in cash | -3,038 | -667 | 1,036 | 3,419 | 3,742 | -423 | -4,755 | -862 | 2,814 | 6,077 | 290 | -7,159 | 257 | -630 | 10,912 |
nine palmeira square (hove) limited Credit Report and Business Information
Nine Palmeira Square (hove) Limited Competitor Analysis
Perform a competitor analysis for nine palmeira square (hove) limited by selecting its closest rivals, whether from the ACTIVITIES OF HOUSEHOLDS AS EMPLOYERS; UNDIFFERENTIATED GOODS-AND SERVICES-PRODUCING ACTIVITIES OF HOUSEHOLDS FOR OWN USE sector, other micro companies, companies in BN3 area or any other competitors across 12 key performance metrics.
nine palmeira square (hove) limited Ownership
NINE PALMEIRA SQUARE (HOVE) LIMITED group structure
Nine Palmeira Square (Hove) Limited has no subsidiary companies.
Ultimate parent company
NINE PALMEIRA SQUARE (HOVE) LIMITED
02229415
nine palmeira square (hove) limited directors
Nine Palmeira Square (Hove) Limited currently has 3 directors. The longest serving directors include Mr Lawrence Cannon (Nov 2017) and Ms Elizabeth Daniels (Nov 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lawrence Cannon | Great Britain | 77 years | Nov 2017 | - | Director |
| Ms Elizabeth Daniels | 64 years | Nov 2023 | - | Director | |
| Ms Elisabeth Johns | 62 years | Sep 2024 | - | Director |
P&L
March 2024turnover
22.7k
+64%
operating profit
-3.2k
+74%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
4.2k
-0.43%
total assets
11.3k
-0.21%
cash
11k
-0.22%
net assets
Total assets minus all liabilities
nine palmeira square (hove) limited company details
company number
02229415
Type
Private limited with Share Capital
industry
98000 - Residents property management
incorporation date
March 1988
age
37
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
SHERIDAN BROOKS LIMITED
auditor
-
address
9 palmeira square, hove, east sussex, BN3 2JB
Bank
-
Legal Advisor
-
nine palmeira square (hove) 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 nine palmeira square (hove) limited.
nine palmeira square (hove) 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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nine palmeira square (hove) limited Companies House Filings - See Documents
| date | description | view/download |
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