second central properties (west midlands) limited
second central properties (west midlands) limited Company Information
Group Structure
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Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
dreycott hunters ride, stourbridge, DY7 5QN
Website
-second central properties (west midlands) limited Estimated Valuation
Pomanda estimates the enterprise value of SECOND CENTRAL PROPERTIES (WEST MIDLANDS) LIMITED at £812.4k based on a Turnover of £338k and 2.4x industry multiple (adjusted for size and gross margin).
second central properties (west midlands) limited Estimated Valuation
Pomanda estimates the enterprise value of SECOND CENTRAL PROPERTIES (WEST MIDLANDS) LIMITED at £0 based on an EBITDA of £-3k and a 4.7x industry multiple (adjusted for size and gross margin).
second central properties (west midlands) limited Estimated Valuation
Pomanda estimates the enterprise value of SECOND CENTRAL PROPERTIES (WEST MIDLANDS) LIMITED at £491.5k based on Net Assets of £281.5k and 1.75x industry multiple (adjusted for liquidity).
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Second Central Properties (west Midlands) Limited Overview
Second Central Properties (west Midlands) Limited is a live company located in stourbridge, DY7 5QN with a Companies House number of 02406588. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 1989, it's largest shareholder is m.n. pinches with a 100% stake. Second Central Properties (west Midlands) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £338k with low growth in recent years.
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Second Central Properties (west Midlands) Limited Health Check
Pomanda's financial health check has awarded Second Central Properties (West Midlands) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £338k, make it smaller than the average company (£988k)
- Second Central Properties (west Midlands) Limited
£988k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.7%)
- Second Central Properties (west Midlands) Limited
5.7% - Industry AVG
Production
with a gross margin of 30.2%, this company has a higher cost of product (72.1%)
- Second Central Properties (west Midlands) Limited
72.1% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (28.3%)
- Second Central Properties (west Midlands) Limited
28.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Second Central Properties (west Midlands) Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)
- Second Central Properties (west Midlands) Limited
£33.8k - Industry AVG
Efficiency
resulting in sales per employee of £338k, this is more efficient (£193.4k)
- Second Central Properties (west Midlands) Limited
£193.4k - Industry AVG
Debtor Days
it gets paid by customers after 91 days, this is later than average (31 days)
- Second Central Properties (west Midlands) Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (35 days)
- Second Central Properties (west Midlands) Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Second Central Properties (west Midlands) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Second Central Properties (west Midlands) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.8%, this is a lower level of debt than the average (68.9%)
3.8% - Second Central Properties (west Midlands) Limited
68.9% - Industry AVG
SECOND CENTRAL PROPERTIES (WEST MIDLANDS) LIMITED financials
Second Central Properties (West Midlands) Limited's latest turnover from July 2024 is estimated at £338 thousand and the company has net assets of £281.5 thousand. According to their latest financial statements, we estimate that Second Central Properties (West Midlands) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 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 | ||||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 208,069 | 208,699 | 210,592 | 212,536 | 214,537 | 216,595 | 218,754 | 195,939 | 197,336 | 199,568 | 201,007 | 203,280 | 205,707 | 208,188 | 210,668 | 213,223 |
| Intangible Assets | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | |||||||
| Investments & Other | ||||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||||
| Total Fixed Assets | 208,069 | 208,699 | 210,592 | 212,536 | 214,537 | 216,595 | 218,754 | 220,939 | 222,336 | 224,568 | 226,007 | 228,280 | 230,707 | 233,188 | 235,668 | 238,223 |
| Stock & work in progress | ||||||||||||||||
| Trade Debtors | 84,562 | 86,143 | 90,653 | 91,491 | 77,358 | 81,848 | 73,923 | 65,290 | 66,243 | 65,376 | 65,350 | 65,314 | 65,238 | 65,950 | 65,446 | 64,977 |
| Group Debtors | ||||||||||||||||
| Misc Debtors | ||||||||||||||||
| Cash | 9,086 | 4,689 | 2,625 | 5,130 | 1,848 | 2,974 | 3,231 | 2,762 | 1,718 | |||||||
| misc current assets | 1,308 | |||||||||||||||
| total current assets | 84,562 | 86,143 | 90,653 | 91,491 | 77,358 | 81,848 | 75,231 | 74,376 | 70,932 | 68,001 | 70,480 | 67,162 | 68,212 | 69,181 | 68,208 | 66,695 |
| total assets | 292,631 | 294,842 | 301,245 | 304,027 | 291,895 | 298,443 | 293,985 | 295,315 | 293,268 | 292,569 | 296,487 | 295,442 | 298,919 | 302,369 | 303,876 | 304,918 |
| Bank overdraft | ||||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 11,133 | 10,307 | 9,040 | 9,827 | 7,411 | 10,092 | 8,707 | 9,732 | 12,115 | 10,886 | 8,215 | 10,552 | 11,575 | 12,055 | 12,259 | 14,143 |
| Group/Directors Accounts | ||||||||||||||||
| other short term finances | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | ||||||||||||||||
| total current liabilities | 11,133 | 10,307 | 9,040 | 9,827 | 7,411 | 10,092 | 8,707 | 9,732 | 12,115 | 10,886 | 8,215 | 10,552 | 11,575 | 12,055 | 12,259 | 14,143 |
| loans | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | 917 | 917 | ||||||||||||||
| other liabilities | ||||||||||||||||
| provisions | 689 | 689 | ||||||||||||||
| total long term liabilities | 917 | 917 | 689 | 689 | ||||||||||||
| total liabilities | 11,133 | 10,307 | 9,040 | 9,827 | 7,411 | 11,009 | 9,624 | 9,732 | 12,115 | 10,886 | 8,215 | 10,552 | 11,575 | 12,055 | 12,948 | 14,832 |
| net assets | 281,498 | 284,535 | 292,205 | 294,200 | 284,484 | 287,434 | 284,361 | 285,583 | 281,153 | 281,683 | 288,272 | 284,890 | 287,344 | 290,314 | 290,928 | 290,086 |
| total shareholders funds | 281,498 | 284,535 | 292,205 | 294,200 | 284,484 | 287,434 | 284,361 | 285,583 | 281,153 | 281,683 | 288,272 | 284,890 | 287,344 | 290,314 | 290,928 | 290,086 |
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Depreciation | 2,255 | 2,232 | 2,298 | 2,273 | 2,427 | 2,481 | 2,480 | 2,555 | 2,634 | |||||||
| Amortisation | ||||||||||||||||
| Tax | ||||||||||||||||
| Stock | ||||||||||||||||
| Debtors | -1,581 | -4,510 | -838 | 14,133 | -4,490 | 7,925 | 8,633 | -953 | 867 | 26 | 36 | 76 | -712 | 504 | 469 | 64,977 |
| Creditors | 826 | 1,267 | -787 | 2,416 | -2,681 | 1,385 | -1,025 | -2,383 | 1,229 | 2,671 | -2,337 | -1,023 | -480 | -204 | -1,884 | 14,143 |
| Accruals and Deferred Income | -917 | 917 | ||||||||||||||
| Deferred Taxes & Provisions | -689 | 689 | ||||||||||||||
| Cash flow from operations | ||||||||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | ||||||||||||||||
| cash flow from investments | ||||||||||||||||
| 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 | ||||||||||||||||
| interest | ||||||||||||||||
| cash flow from financing | ||||||||||||||||
| cash and cash equivalents | ||||||||||||||||
| cash | -9,086 | 4,397 | 2,064 | -2,505 | 3,282 | -1,126 | -257 | 469 | 1,044 | 1,718 | ||||||
| overdraft | ||||||||||||||||
| change in cash | -9,086 | 4,397 | 2,064 | -2,505 | 3,282 | -1,126 | -257 | 469 | 1,044 | 1,718 |
second central properties (west midlands) limited Credit Report and Business Information
Second Central Properties (west Midlands) Limited Competitor Analysis
Perform a competitor analysis for second central properties (west midlands) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DY7 area or any other competitors across 12 key performance metrics.
second central properties (west midlands) limited Ownership
SECOND CENTRAL PROPERTIES (WEST MIDLANDS) LIMITED group structure
Second Central Properties (West Midlands) Limited has no subsidiary companies.
Ultimate parent company
SECOND CENTRAL PROPERTIES (WEST MIDLANDS) LIMITED
02406588
second central properties (west midlands) limited directors
Second Central Properties (West Midlands) Limited currently has 1 director, Mr Michael Pinches serving since Jul 1991.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Pinches | 80 years | Jul 1991 | - | Director |
P&L
July 2024turnover
338k
+11%
operating profit
-3k
0%
gross margin
30.2%
+3.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024net assets
281.5k
-0.01%
total assets
292.6k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
second central properties (west midlands) limited company details
company number
02406588
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
July 1989
age
36
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2024
previous names
N/A
accountant
-
auditor
-
address
dreycott hunters ride, stourbridge, DY7 5QN
Bank
-
Legal Advisor
-
second central properties (west midlands) 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 2 charges/mortgages relating to second central properties (west midlands) limited. Currently there are 1 open charges and 1 have been satisfied in the past.
second central properties (west midlands) 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.
Click to start generating capital raising & share issue transactions for SECOND CENTRAL PROPERTIES (WEST MIDLANDS) LIMITED. This can take several minutes, an email will notify you when this has completed.
second central properties (west midlands) limited Companies House Filings - See Documents
| date | description | view/download |
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