imberstates limited
imberstates limited Company Information
Company Number
02360320
Website
www.imberstates.co.ukRegistered Address
115 craven park road, london, N15 6BL
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01296506064
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
charles lerner 50%
frances rosalind lerner 50%
imberstates limited Estimated Valuation
Pomanda estimates the enterprise value of IMBERSTATES LIMITED at £207.2k based on a Turnover of £64.8k and 3.2x industry multiple (adjusted for size and gross margin).
imberstates limited Estimated Valuation
Pomanda estimates the enterprise value of IMBERSTATES LIMITED at £572.5k based on an EBITDA of £84.4k and a 6.78x industry multiple (adjusted for size and gross margin).
imberstates limited Estimated Valuation
Pomanda estimates the enterprise value of IMBERSTATES LIMITED at £9.5m based on Net Assets of £6m and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Imberstates Limited Overview
Imberstates Limited is a live company located in london, N15 6BL with a Companies House number of 02360320. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 1989, it's largest shareholder is charles lerner with a 50% stake. Imberstates Limited is a mature, micro sized company, Pomanda has estimated its turnover at £64.8k with declining growth in recent years.
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Imberstates Limited Health Check
Pomanda's financial health check has awarded Imberstates Limited a 3.5 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
3 Regular
5 Weak
Size
annual sales of £64.8k, make it smaller than the average company (£813k)
- Imberstates Limited
£813k - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (1.5%)
- Imberstates Limited
1.5% - Industry AVG
Production
with a gross margin of 73.2%, this company has a comparable cost of product (73.2%)
- Imberstates Limited
73.2% - Industry AVG
Profitability
an operating margin of 130.3% make it more profitable than the average company (34.9%)
- Imberstates Limited
34.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Imberstates Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.6k, the company has an equivalent pay structure (£30.6k)
- Imberstates Limited
£30.6k - Industry AVG
Efficiency
resulting in sales per employee of £64.8k, this is less efficient (£174.8k)
- Imberstates Limited
£174.8k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (33 days)
- Imberstates Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 294 days, this is slower than average (35 days)
- Imberstates Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Imberstates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (14 weeks)
5 weeks - Imberstates Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.1%, this is a similar level of debt than the average (67.2%)
65.1% - Imberstates Limited
67.2% - Industry AVG
IMBERSTATES LIMITED financials
Imberstates Limited's latest turnover from February 2023 is estimated at £64.8 thousand and the company has net assets of £6 million. According to their latest financial statements, Imberstates Limited has 1 employee and maintains cash reserves of £512.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Sep 2014 | Sep 2013 | Oct 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Sep 2014 | Sep 2013 | Oct 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 530,479 | 152,089 | 152,102 | 74,845 | 74,862 | 74,882 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 9,415,724 | 7,446,525 | 7,446,525 | 7,370,000 | 7,370,000 | 7,370,000 | 7,370,000 | 7,790,000 | 5,232,373 | 5,232,373 | 5,232,373 | 5,232,373 | 5,232,373 | 5,232,373 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,415,724 | 7,446,525 | 7,446,525 | 7,370,000 | 7,370,000 | 7,370,000 | 7,370,000 | 7,790,000 | 5,762,852 | 5,384,462 | 5,384,475 | 5,307,218 | 5,307,235 | 5,307,255 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,352 | 2,418 | 0 | 12,253 | 3,228 | 18,750 | 76,541 | 0 | 1,864,270 | 1,721,056 | 1,830,062 | 2,079,316 | 2,209,240 | 2,319,812 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,926,997 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,274,899 | 9,200,007 | 9,151,373 | 9,042,974 | 9,042,974 | 9,042,974 | 8,978,592 | 58,602 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 512,070 | 506,203 | 9,674 | 40 | 0 | 0 | 0 | 0 | 1,101 | 0 | 0 | 0 | 0 | 13,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,788,321 | 9,708,628 | 9,161,047 | 9,055,267 | 9,046,202 | 9,061,724 | 9,055,133 | 8,985,599 | 1,865,371 | 1,721,056 | 1,830,062 | 2,079,316 | 2,209,240 | 2,332,812 |
| total assets | 17,204,045 | 17,155,153 | 16,607,572 | 16,425,267 | 16,416,202 | 16,431,724 | 16,425,133 | 16,775,599 | 7,628,223 | 7,105,518 | 7,214,537 | 7,386,534 | 7,516,475 | 7,640,067 |
| Bank overdraft | 0 | 0 | 0 | 0 | 236 | 0 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,036 | 14,034 | 14,036 | 0 | 61 | 40,157 | 59 | 4,312,230 | 1,517,464 | 934,215 | 868,486 | 839,667 | 840,988 | 854,918 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,550,075 | 4,523,882 | 3,971,040 | 3,958,191 | 4,004,952 | 3,940,907 | 3,827,453 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,564,111 | 4,537,916 | 3,985,076 | 3,958,191 | 4,005,249 | 3,981,064 | 3,828,512 | 4,312,230 | 1,517,464 | 934,215 | 868,486 | 839,667 | 840,988 | 854,918 |
| loans | 0 | 0 | 0 | 0 | 6,487,175 | 0 | 0 | 0 | 4,429,934 | 4,587,201 | 4,739,032 | 4,883,762 | 5,014,561 | 5,132,770 |
| hp & lease commitments | 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 |
| other liabilities | 6,182,569 | 6,244,734 | 6,400,145 | 6,400,145 | 0 | 6,574,206 | 6,719,985 | 6,763,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 450,868 | 450,868 | 450,868 | 450,868 | 450,868 | 450,868 | 450,868 | 545,991 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,633,437 | 6,695,602 | 6,851,013 | 6,851,013 | 6,938,043 | 7,025,074 | 7,170,853 | 7,309,491 | 4,429,934 | 4,587,201 | 4,739,032 | 4,883,762 | 5,014,561 | 5,132,770 |
| total liabilities | 11,197,548 | 11,233,518 | 10,836,089 | 10,809,204 | 10,943,292 | 11,006,138 | 10,999,365 | 11,621,721 | 5,947,398 | 5,521,416 | 5,607,518 | 5,723,429 | 5,855,549 | 5,987,688 |
| net assets | 6,006,497 | 5,921,635 | 5,771,483 | 5,616,063 | 5,472,910 | 5,425,586 | 5,425,768 | 5,153,878 | 1,680,825 | 1,584,102 | 1,607,019 | 1,663,105 | 1,660,926 | 1,652,379 |
| total shareholders funds | 6,006,497 | 5,921,635 | 5,771,483 | 5,616,063 | 5,472,910 | 5,425,586 | 5,425,768 | 5,153,878 | 1,680,825 | 1,584,102 | 1,607,019 | 1,663,105 | 1,660,926 | 1,652,379 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Sep 2014 | Sep 2013 | Oct 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 59 | 10 | 13 | 14 | 17 | 20 | 23 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,926,174 | 51,052 | 96,146 | 9,025 | -15,522 | 6,591 | 69,534 | 8,985,599 | 143,214 | -109,006 | -249,254 | -129,924 | -110,572 | 2,319,812 |
| Creditors | 2 | -2 | 14,036 | -61 | -40,096 | 40,098 | -4,312,171 | 4,312,230 | 583,249 | 65,729 | 28,819 | -1,321 | -13,930 | 854,918 |
| Accruals and Deferred Income | 26,193 | 552,842 | 12,849 | -46,761 | 64,045 | 113,454 | 3,827,453 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -95,123 | 545,991 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 1,969,199 | 0 | 76,525 | 0 | 0 | 0 | -420,000 | 7,790,000 | 0 | 0 | 0 | 0 | 0 | 5,232,373 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -6,487,175 | 6,487,175 | 0 | 0 | 0 | -157,267 | -151,831 | -144,730 | -130,799 | -118,209 | 5,132,770 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -62,165 | -155,411 | 0 | 6,400,145 | -6,574,206 | -145,779 | -43,515 | 6,763,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 5,867 | 496,529 | 9,634 | 40 | 0 | 0 | 0 | 0 | 1,101 | 0 | 0 | 0 | -13,000 | 13,000 |
| overdraft | 0 | 0 | 0 | -236 | 236 | -1,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 5,867 | 496,529 | 9,634 | 276 | -236 | 1,000 | -1,000 | 0 | 1,101 | 0 | 0 | 0 | -13,000 | 13,000 |
imberstates limited Credit Report and Business Information
Imberstates Limited Competitor Analysis
Perform a competitor analysis for imberstates limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N15 area or any other competitors across 12 key performance metrics.
imberstates limited Ownership
IMBERSTATES LIMITED group structure
Imberstates Limited has 1 subsidiary company.
imberstates limited directors
Imberstates Limited currently has 3 directors. The longest serving directors include Mr Charles Lerner (Sep 1991) and Mrs Frances Lerner (Sep 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Lerner | 70 years | Sep 1991 | - | Director | |
| Mrs Frances Lerner | 68 years | Sep 1991 | - | Director | |
| Mr Irving Lerner | England | 46 years | Mar 2004 | - | Director |
P&L
February 2023turnover
64.8k
+6%
operating profit
84.4k
0%
gross margin
73.2%
+2.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
6m
+0.01%
total assets
17.2m
0%
cash
512.1k
+0.01%
net assets
Total assets minus all liabilities
imberstates limited company details
company number
02360320
Type
Private limited with Share Capital
industry
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
March 1989
age
35
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
VENITT AND GREAVES
auditor
-
address
115 craven park road, london, N15 6BL
Bank
BARCLAYS BANK PLC
Legal Advisor
-
imberstates 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 11 charges/mortgages relating to imberstates limited. Currently there are 2 open charges and 9 have been satisfied in the past.
imberstates limited Companies House Filings - See Documents
| date | description | view/download |
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