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
limes house, burton park, lincoln, LN1 2RB
Website
-
limes estates limitedEstimated Valuation
£4.8m
Pomanda estimates the enterprise value of LIMES ESTATES LIMITED at £4.8m based on a Turnover of £1.5m and 3.23x industry multiple (adjusted for size and gross margin).
limes estates limitedEstimated Valuation
£8.5m
Pomanda estimates the enterprise value of LIMES ESTATES LIMITED at £8.5m based on an EBITDA of £1.4m and a 6.29x industry multiple (adjusted for size and gross margin).
limes estates limitedEstimated Valuation
£36.7m
Pomanda estimates the enterprise value of LIMES ESTATES LIMITED at £36.7m based on Net Assets of £21.8m and 1.68x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Limes Estates LimitedOverview
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.
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
Health Rating5out of 5
5 Strong
4 Regular
1 Weak
Size
annual sales of £1.5m, make it larger than the average company (£1.1m)
£1.5m - Limes Estates Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (3.7%)
4% - Limes Estates Limited
3.7% - Industry AVG
Production
with a gross margin of 71%, this company has a comparable cost of product (71%)
71% - Limes Estates Limited
71% - Industry AVG
Profitability
an operating margin of 91.8% make it more profitable than the average company (21.5%)
91.8% - Limes Estates Limited
21.5% - Industry AVG
Employees
with 8 employees, this is above the industry average (4)
8 - Limes Estates Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.2k, the company has an equivalent pay structure (£33.2k)
£33.2k - Limes Estates Limited
£33.2k - Industry AVG
Efficiency
resulting in sales per employee of £184.1k, this is equally as efficient (£202.7k)
£184.1k - Limes Estates Limited
£202.7k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (33 days)
6 days - Limes Estates Limited
33 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 (10 weeks)
1 weeks - Limes Estates Limited
10 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 (71.6%)
17.7% - Limes Estates Limited
71.6% - Industry AVG
LIMES ESTATES LIMITED financials
EXPORT
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
Cost Of Sales
426,889
388,751
392,100
411,098
451,032
416,516
393,666
421,267
469,775
427,599
397,834
381,577
395,378
Gross Profit
1,045,914
939,559
861,577
908,858
918,198
912,276
957,740
1,096,414
952,647
727,067
681,292
663,090
685,323
964,259
859,090
Admin Expenses
-306,229
-3,291,252
-1,224,073
4,819,979
-329,621
-280,048
-224,531
669,302
-332,080
-3,412,116
-268,360
2,277
-305,250
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
Interest Receivable
265
36
30
33
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
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
265,322
251,900
271,696
256,069
263,558
253,085
268,479
293,440
240,070
179,821
147,000
169,356
167,331
168,663
Number Of Employees
8
8
9
9
9
9
10
11
9
7
6
7
7
7
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
12,902,180
Intangible Assets
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)
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
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
91,859
4,143
130,788
11,250
8,369
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
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
Bank loan
Trade Creditors
671
17,964
22,362
29,707
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
hp & lease commitments
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
hp & lease commitments
Accruals and Deferred Income
other liabilities
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
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
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
Amortisation
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
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
-671
671
-17,964
17,964
-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
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
51,519
-527,070
Investing Activities
capital expenditure
12,902,180
-12,902,180
Change in Investments
3,250,000
1,000,000
-5,000,000
-974,000
3,155,000
-490,000
17,984,000
7,381,000
cash flow from investments
-3,250,000
-1,000,000
5,000,000
974,000
-3,155,000
490,000
-5,081,820
-20,283,180
Financing Activities
Bank loans
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
14,967,201
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-862,535
-490,000
5,010,120
5,738,458
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
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
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for limes estates limited. Get real-time insights into limes estates limited's credit score, group structure and payment trends.
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 Shareholders
The largest shareholders in Limes Estates Limited include Fiona Claire Curtis and Marcus James Miles Jolly.
fiona claire curtis
33%
marcus james miles jolly
33%
trustees of miles jolly discretionary settlement 2000
17%
trustees of gillian jolly discretionary settlement 2000
17%
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).
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
35
incorporated
UK
ultimate parent company
None
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 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 LIMES ESTATES LIMITED. This can take several minutes, an email will notify you when this has completed.
limes estates limitedCompanies House Filings - See Documents
