limes estates limited
limes estates limited Company Information
Company Number
02542672
Website
-Registered Address
limes house, burton park, lincoln, LN1 2RB
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
01522543577
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
fiona claire curtis 33%
marcus james miles jolly 33%
View Alllimes estates limited Estimated Valuation
Pomanda estimates the enterprise value of LIMES ESTATES LIMITED at £4.7m based on a Turnover of £1.5m and 3.22x industry multiple (adjusted for size and gross margin).
limes estates limited Estimated Valuation
Pomanda estimates the enterprise value of LIMES ESTATES LIMITED at £9.9m based on an EBITDA of £1.4m and a 7.36x industry multiple (adjusted for size and gross margin).
limes estates limited Estimated Valuation
Pomanda estimates the enterprise value of LIMES ESTATES LIMITED at £35.3m based on Net Assets of £21.8m and 1.62x industry multiple (adjusted for liquidity).
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Limes Estates Limited Overview
Limes Estates Limited is a live company located in lincoln, LN1 2RB with a Companies House number of 02542672. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 1990, it's largest shareholder is fiona claire curtis with a 33% stake. Limes Estates Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with low growth in recent years.
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Limes Estates Limited Health Check
Pomanda's financial health check has awarded Limes Estates Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
1 Weak
Size
annual sales of £1.5m, make it larger than the average company (£994.7k)
£1.5m - Limes Estates Limited
£994.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (3.3%)
4% - Limes Estates Limited
3.3% - Industry AVG
Production
with a gross margin of 74%, this company has a comparable cost of product (74%)
74% - Limes Estates Limited
74% - Industry AVG
Profitability
an operating margin of 91.8% make it more profitable than the average company (25.8%)
91.8% - Limes Estates Limited
25.8% - Industry AVG
Employees
with 8 employees, this is above the industry average (4)
- Limes Estates Limited
4 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
- Limes Estates Limited
£33k - Industry AVG
Efficiency
resulting in sales per employee of £184.1k, this is equally as efficient (£199k)
- Limes Estates Limited
£199k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (32 days)
6 days - Limes Estates Limited
32 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Limes Estates Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Limes Estates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)
1 weeks - Limes Estates Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.7%, this is a lower level of debt than the average (69.4%)
17.7% - Limes Estates Limited
69.4% - Industry AVG
LIMES ESTATES LIMITED financials
Limes Estates Limited's latest turnover from December 2023 is £1.5 million and the company has net assets of £21.8 million. According to their latest financial statements, we estimate that Limes Estates Limited has 8 employees and maintains cash reserves of £120.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,472,803 | 1,328,310 | 1,253,677 | 1,319,956 | 1,369,230 | 1,328,792 | 1,351,406 | 1,517,681 | 1,422,422 | 1,154,666 | 1,079,126 | 1,044,667 | 1,080,701 | 964,259 | 859,090 |
| Other Income Or Grants | 0 | 0 | |||||||||||||
| Cost Of Sales | 0 | 0 | |||||||||||||
| Gross Profit | 964,259 | 859,090 | |||||||||||||
| Admin Expenses | 126,461 | 433,123 | |||||||||||||
| Operating Profit | 1,352,143 | 4,230,811 | 2,085,650 | -3,911,121 | 1,247,819 | 1,192,324 | 1,182,271 | 427,112 | 1,284,727 | 4,139,183 | 949,652 | 660,813 | 990,573 | 837,798 | 425,967 |
| Interest Payable | 190,948 | 155,074 | 132,772 | 157,460 | 228,207 | 260,279 | 222,205 | 234,365 | 324,773 | 362,939 | 289,026 | 319,142 | 350,242 | 367,496 | 0 |
| Interest Receivable | 0 | 265 | 0 | 0 | 0 | 0 | 36 | 30 | 33 | 0 | 35 | 210 | 1,986 | 327 | 61 |
| Pre-Tax Profit | 1,572,328 | 4,521,087 | 2,497,416 | -3,511,658 | 1,625,213 | 893,538 | -561,782 | 715,435 | 1,492,075 | 4,316,105 | 1,189,493 | 875,043 | 1,161,052 | 1,017,333 | 984,766 |
| Tax | -368,729 | -643,298 | -491,500 | 35,923 | -306,953 | -167,361 | 185,528 | -30,775 | -117,517 | -886,628 | -318,396 | -321,106 | -335,082 | -349,522 | -283,427 |
| Profit After Tax | 1,203,599 | 3,877,789 | 2,005,916 | -3,475,735 | 1,318,260 | 726,177 | -376,254 | 684,660 | 1,374,558 | 3,429,477 | 871,097 | 553,937 | 825,970 | 667,811 | 701,339 |
| Dividends Paid | 400,000 | 400,000 | 300,000 | 200,000 | 200,000 | 125,000 | 125,000 | 125,000 | 125,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 803,599 | 3,477,789 | 1,705,916 | -3,675,735 | 1,118,260 | 601,177 | -501,254 | 559,660 | 1,249,558 | 3,429,477 | 871,097 | 553,937 | 825,970 | 667,811 | 701,339 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 1,352,143 | 4,230,811 | 2,085,650 | -3,911,121 | 1,247,819 | 1,192,324 | 1,182,271 | 427,112 | 1,284,727 | 4,139,183 | 949,652 | 660,813 | 990,573 | 837,798 | 425,967 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,902,180 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 26,306,000 | 26,306,000 | 23,056,000 | 22,056,000 | 27,056,000 | 27,056,000 | 27,056,000 | 27,056,000 | 28,030,000 | 28,030,000 | 24,875,000 | 24,875,000 | 25,365,000 | 25,365,000 | 7,381,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72,387 | 320,379 | 888,119 | 1,276,788 | 620,071 |
| Total Fixed Assets | 26,306,000 | 26,306,000 | 23,056,000 | 22,056,000 | 27,056,000 | 27,056,000 | 27,056,000 | 27,056,000 | 28,030,000 | 28,030,000 | 24,947,387 | 25,195,379 | 26,253,119 | 26,641,788 | 20,903,251 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 27,639 | 28,014 | 3,675 | 170,445 | 34,334 | 83,572 | 17,778 | 39,367 | 7,067 | 18,321 | 11,559 | 10,308 | 14,817 | 24,471 | 36,434 |
| Group Debtors | 18,077 | 0 | 91,859 | 0 | 4,143 | 0 | 0 | 130,788 | 11,250 | 0 | 0 | 8,369 | 0 | 98,092 | 96,250 |
| Misc Debtors | 7,900 | 7,900 | 7,900 | 15,300 | 9,050 | 27,014 | 9,050 | 9,050 | 31,562 | 103,500 | 279,113 | 326,393 | 420,419 | 349,114 | 282,733 |
| Cash | 120,852 | 121,848 | 268,226 | 208,782 | 122,542 | 176,756 | 176,423 | 298,905 | 112,885 | 111,881 | 252,948 | 132,187 | 225,936 | 613,562 | 454,208 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 174,468 | 157,762 | 371,660 | 394,527 | 170,069 | 287,342 | 203,251 | 478,110 | 162,764 | 233,702 | 543,620 | 477,257 | 661,172 | 1,085,239 | 869,625 |
| total assets | 26,480,468 | 26,463,762 | 23,427,660 | 22,450,527 | 27,226,069 | 27,343,342 | 27,259,251 | 27,534,110 | 28,192,764 | 28,263,702 | 25,491,007 | 25,672,636 | 26,914,291 | 27,727,027 | 21,772,876 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 671 | 0 | 17,964 | 0 | 0 | 22,362 | 29,707 | 0 | 17,294 | 17,248 | 52,122 | 18,145 |
| Group/Directors Accounts | 2,837,035 | 3,755,796 | 4,537,588 | 5,589,756 | 6,247,331 | 7,627,337 | 8,381,404 | 7,679,986 | 8,603,246 | 9,768,811 | 11,030,101 | 12,056,254 | 13,301,488 | 14,967,201 | 14,967,201 |
| 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 | 583,936 | 469,942 | 524,354 | 420,817 | 559,862 | 413,034 | 214,419 | 459,284 | 438,316 | 407,324 | 428,883 | 434,755 | 507,204 | 439,349 | 347,733 |
| total current liabilities | 3,420,971 | 4,225,738 | 5,061,942 | 6,011,244 | 6,807,193 | 8,058,335 | 8,595,823 | 8,139,270 | 9,063,924 | 10,205,842 | 11,458,984 | 12,508,303 | 13,825,940 | 15,458,672 | 15,333,079 |
| 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 | 1,274,853 | 1,256,979 | 862,462 | 641,943 | 945,801 | 930,192 | 909,790 | 1,139,948 | 1,433,608 | 1,612,186 | 153,291 | 156,698 | 144,653 | 150,627 | 0 |
| total long term liabilities | 1,274,853 | 1,256,979 | 862,462 | 641,943 | 945,801 | 930,192 | 909,790 | 1,139,948 | 1,433,608 | 1,612,186 | 153,291 | 156,698 | 144,653 | 150,627 | 0 |
| total liabilities | 4,695,824 | 5,482,717 | 5,924,404 | 6,653,187 | 7,752,994 | 8,988,527 | 9,505,613 | 9,279,218 | 10,497,532 | 11,818,028 | 11,612,275 | 12,665,001 | 13,970,593 | 15,609,299 | 15,333,079 |
| net assets | 21,784,644 | 20,981,045 | 17,503,256 | 15,797,340 | 19,473,075 | 18,354,815 | 17,753,638 | 18,254,892 | 17,695,232 | 16,445,674 | 13,878,732 | 13,007,635 | 12,943,698 | 12,117,728 | 6,439,797 |
| total shareholders funds | 21,784,644 | 20,981,045 | 17,503,256 | 15,797,340 | 19,473,075 | 18,354,815 | 17,753,638 | 18,254,892 | 17,695,232 | 16,445,674 | 13,878,732 | 13,007,635 | 12,943,698 | 12,117,728 | 6,439,797 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,352,143 | 4,230,811 | 2,085,650 | -3,911,121 | 1,247,819 | 1,192,324 | 1,182,271 | 427,112 | 1,284,727 | 4,139,183 | 949,652 | 660,813 | 990,573 | 837,798 | 425,967 |
| Depreciation | 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 | -368,729 | -643,298 | -491,500 | 35,923 | -306,953 | -167,361 | 185,528 | -30,775 | -117,517 | -886,628 | -318,396 | -321,106 | -335,082 | -349,522 | -283,427 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 17,702 | -67,520 | -82,311 | 138,218 | -63,059 | 83,758 | -152,377 | 129,326 | -71,942 | -241,238 | -302,390 | -657,906 | -425,110 | 712,977 | 1,035,488 |
| Creditors | 0 | 0 | -671 | 671 | -17,964 | 17,964 | 0 | -22,362 | -7,345 | 29,707 | -17,294 | 46 | -34,874 | 33,977 | 18,145 |
| Accruals and Deferred Income | 113,994 | -54,412 | 103,537 | -139,045 | 146,828 | 198,615 | -244,865 | 20,968 | 30,992 | -21,559 | -5,872 | -72,449 | 67,855 | 91,616 | 347,733 |
| Deferred Taxes & Provisions | 17,874 | 394,517 | 220,519 | -303,858 | 15,609 | 20,402 | -230,158 | -293,660 | -178,578 | 1,458,895 | -3,407 | 12,045 | -5,974 | 150,627 | 0 |
| Cash flow from operations | 1,097,580 | 3,995,138 | 1,999,846 | -4,455,648 | 1,148,398 | 1,178,186 | 1,045,153 | -28,043 | 1,084,221 | 4,960,836 | 907,073 | 937,255 | 1,107,608 | -527,070 | |
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | |||||||||||
| Change in Investments | 0 | 3,250,000 | 1,000,000 | -5,000,000 | 0 | 0 | 0 | -974,000 | 0 | 3,155,000 | 0 | -490,000 | 0 | 17,984,000 | 7,381,000 |
| cash flow from investments | 0 | 974,000 | 0 | -3,155,000 | |||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -918,761 | -781,792 | -1,052,168 | -657,575 | -1,380,006 | -754,067 | 701,418 | -923,260 | -1,165,565 | -1,261,290 | -1,026,153 | -1,245,234 | -1,665,713 | 0 | 14,967,201 |
| 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 | -190,948 | -154,809 | -132,772 | -157,460 | -228,207 | -260,279 | -222,169 | -234,335 | -324,740 | -362,939 | -288,991 | -318,932 | -348,256 | -367,169 | 61 |
| cash flow from financing | -1,109,709 | -936,601 | -1,184,940 | -815,035 | -1,608,213 | -1,014,346 | 479,249 | -1,157,595 | -1,490,305 | -2,486,764 | -1,315,144 | -2,054,166 | -2,013,969 | 4,642,951 | 20,705,720 |
| cash and cash equivalents | |||||||||||||||
| cash | -996 | -146,378 | 59,444 | 86,240 | -54,214 | 333 | -122,482 | 186,020 | 1,004 | -141,067 | 120,761 | -93,749 | -387,626 | 159,354 | 454,208 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -996 | -146,378 | 59,444 | 86,240 | -54,214 | 333 | -122,482 | 186,020 | 1,004 | -141,067 | 120,761 | -93,749 | -387,626 | 159,354 | 454,208 |
limes estates limited Credit Report and Business Information
Limes Estates Limited Competitor Analysis
Perform a competitor analysis for limes estates limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in LN1 area or any other competitors across 12 key performance metrics.
limes estates limited Ownership
LIMES ESTATES LIMITED group structure
Limes Estates Limited has no subsidiary companies.
Ultimate parent company
LIMES ESTATES LIMITED
02542672
limes estates limited directors
Limes Estates Limited currently has 3 directors. The longest serving directors include Mr Robert Jolly (Sep 1991) and Mr Marcus Jolly (Mar 2000).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Jolly | 87 years | Sep 1991 | - | Director | |
| Mr Marcus Jolly | 57 years | Mar 2000 | - | Director | |
| Mr James Curtis | United Kingdom | 58 years | May 2011 | - | Director |
P&L
December 2023turnover
1.5m
+11%
operating profit
1.4m
-68%
gross margin
74%
+4.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
21.8m
+0.04%
total assets
26.5m
0%
cash
120.9k
-0.01%
net assets
Total assets minus all liabilities
limes estates limited company details
company number
02542672
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
September 1990
age
34
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
sandywise limited (November 1990)
accountant
-
auditor
RSM UK AUDIT LLP
address
limes house, burton park, lincoln, LN1 2RB
Bank
HSBC BANK PLC
Legal Advisor
-
limes estates 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 limes estates limited.
limes estates limited Companies House Filings - See Documents
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