fexco property services (management) limited
fexco property services (management) limited Company Information
Company Number
02570943
Next Accounts
Sep 2025
Shareholders
remustopco.2 limited
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
Registered Address
fisher house, 84 fisherton street, salisbury, SP2 7QY
Website
www.remus.uk.comfexco property services (management) limited Estimated Valuation
Pomanda estimates the enterprise value of FEXCO PROPERTY SERVICES (MANAGEMENT) LIMITED at £34.5m based on a Turnover of £11m and 3.14x industry multiple (adjusted for size and gross margin).
fexco property services (management) limited Estimated Valuation
Pomanda estimates the enterprise value of FEXCO PROPERTY SERVICES (MANAGEMENT) LIMITED at £7.5m based on an EBITDA of £906.9k and a 8.28x industry multiple (adjusted for size and gross margin).
fexco property services (management) limited Estimated Valuation
Pomanda estimates the enterprise value of FEXCO PROPERTY SERVICES (MANAGEMENT) LIMITED at £3.2m based on Net Assets of £1.7m and 1.82x industry multiple (adjusted for liquidity).
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Fexco Property Services (management) Limited Overview
Fexco Property Services (management) Limited is a live company located in salisbury, SP2 7QY with a Companies House number of 02570943. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in December 1990, it's largest shareholder is remustopco.2 limited with a 100% stake. Fexco Property Services (management) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £11m with high growth in recent years.
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Fexco Property Services (management) Limited Health Check
Pomanda's financial health check has awarded Fexco Property Services (Management) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £9.8m, make it larger than the average company (£318k)
£9.8m - Fexco Property Services (management) Limited
£318k - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (3%)
12% - Fexco Property Services (management) Limited
3% - Industry AVG
Production
with a gross margin of 74.6%, this company has a comparable cost of product (74.6%)
74.6% - Fexco Property Services (management) Limited
74.6% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (7.1%)
0.5% - Fexco Property Services (management) Limited
7.1% - Industry AVG
Employees
with 140 employees, this is above the industry average (6)
140 - Fexco Property Services (management) Limited
6 - Industry AVG
Pay Structure
on an average salary of £34.6k, the company has an equivalent pay structure (£39.9k)
£34.6k - Fexco Property Services (management) Limited
£39.9k - Industry AVG
Efficiency
resulting in sales per employee of £70.3k, this is less efficient (£88.1k)
£70.3k - Fexco Property Services (management) Limited
£88.1k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (52 days)
65 days - Fexco Property Services (management) Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (35 days)
21 days - Fexco Property Services (management) Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Fexco Property Services (management) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (49 weeks)
5 weeks - Fexco Property Services (management) Limited
49 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.3%, this is a higher level of debt than the average (54.7%)
68.3% - Fexco Property Services (management) Limited
54.7% - Industry AVG
FEXCO PROPERTY SERVICES (MANAGEMENT) LIMITED financials
Fexco Property Services (Management) Limited's latest turnover from December 2023 is £11 million and the company has net assets of £1.7 million. According to their latest financial statements, Fexco Property Services (Management) Limited has 130 employees and maintains cash reserves of £469.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Jan 2023 | Jan 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,968,964 | 9,841,332 | 8,496,894 | 6,984,529 | 6,458,033 | 5,828,621 | 5,293,875 | 4,730,660 | 4,237,538 | 3,675,319 | 2,366,394 | ||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | 3,675,319 | ||||||||||||||
| Admin Expenses | 3,202,464 | ||||||||||||||
| Operating Profit | 470,204 | 49,658 | 977,577 | 226,880 | 194,974 | 207,310 | 481,594 | 795,861 | 606,761 | 472,855 | 157,246 | ||||
| Interest Payable | 38,214 | 17,331 | 22,756 | 24,557 | 234 | 88 | |||||||||
| Interest Receivable | 13,180 | 1,039 | 527 | 4,671 | 2,182 | 927 | 2,229 | 1,519 | 338 | ||||||
| Pre-Tax Profit | 460,302 | -158,581 | 955,348 | 481,994 | 421,922 | 376,012 | 670,623 | 795,861 | 608,990 | 474,286 | 157,584 | ||||
| Tax | -107,281 | -13,691 | -188,170 | -39,428 | -43,488 | -71,473 | -116,983 | -165,993 | -124,168 | -103,980 | -49,665 | ||||
| Profit After Tax | 353,021 | -172,272 | 767,178 | 442,566 | 378,434 | 304,539 | 553,640 | 629,868 | 484,822 | 370,306 | 107,919 | ||||
| Dividends Paid | 525,000 | 875,000 | 1,100,000 | 300,000 | 200,000 | 100,000 | |||||||||
| Retained Profit | 353,021 | -172,272 | 767,178 | -82,434 | 378,434 | 304,539 | -321,360 | -470,132 | 184,822 | 170,306 | 7,919 | ||||
| Employee Costs | 5,081,030 | 4,844,672 | 4,339,413 | 3,879,293 | 3,757,479 | 3,310,728 | 2,934,138 | 2,524,657 | 2,230,705 | ||||||
| Number Of Employees | 130 | 140 | 134 | 127 | 124 | 115 | 106 | 105 | |||||||
| EBITDA* | 906,857 | 435,628 | 1,169,823 | 384,881 | 279,129 | 250,596 | 505,529 | 814,061 | 627,579 | 494,269 | 186,117 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Jan 2023 | Jan 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 271,389 | 295,821 | 805,932 | 906,376 | 324,836 | 297,686 | 264,280 | 272,727 | 41,310 | 49,038 | 38,648 | 47,780 | 64,668 | 76,604 | 80,684 |
| Intangible Assets | 1,407,884 | 1,512,793 | 1,204,775 | 696,679 | 628,462 | 161,928 | 12,751 | 5,320 | |||||||
| Investments & Other | 126,056 | 126,153 | 201,000 | 201,000 | 201,000 | 201,000 | 201,252 | 241,452 | |||||||
| Debtors (Due After 1 year) | 50,000 | 50,000 | 50,000 | ||||||||||||
| Total Fixed Assets | 1,679,273 | 1,808,614 | 2,010,707 | 1,603,055 | 953,298 | 459,614 | 277,031 | 278,047 | 41,310 | 99,038 | 88,648 | 97,780 | 64,668 | 76,604 | 80,684 |
| Stock & work in progress | 509,640 | 679,432 | |||||||||||||
| Trade Debtors | 2,163,482 | 1,758,242 | 731,223 | 356,617 | 318,559 | 136,004 | 159,061 | 93,497 | 148,308 | 191,573 | 869,459 | 800,472 | 775,288 | 230,636 | 89,224 |
| Group Debtors | 28,602 | 135,003 | 30,356 | 4,506 | 12,187 | 124 | 5,445 | 63,748 | 67,449 | ||||||
| Misc Debtors | 555,024 | 440,444 | 303,883 | 284,282 | 246,185 | 676,480 | 371,516 | 290,612 | 738,133 | 732,105 | 58,640 | ||||
| Cash | 469,854 | 237,011 | 344,294 | 362,797 | 329,879 | 255,204 | 144,477 | 558,999 | 726,532 | 456,191 | 380,865 | 211,058 | 207,151 | 291,200 | 91,523 |
| misc current assets | 32,542 | 125 | 62,735 | ||||||||||||
| total current assets | 3,216,962 | 2,570,700 | 1,417,827 | 1,014,430 | 910,127 | 1,100,354 | 680,499 | 943,233 | 1,675,708 | 1,443,617 | 1,250,324 | 1,011,530 | 982,439 | 1,031,476 | 986,268 |
| total assets | 4,896,235 | 4,379,314 | 3,428,534 | 2,617,485 | 1,863,425 | 1,559,968 | 957,530 | 1,221,280 | 1,717,018 | 1,542,655 | 1,338,972 | 1,109,310 | 1,047,107 | 1,108,080 | 1,066,952 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 412,491 | 149,721 | 65,781 | 106,533 | 78,950 | 89,377 | 150,664 | 118,867 | 213,167 | 284,768 | 705,324 | 554,249 | 555,884 | 585,778 | 61,385 |
| Group/Directors Accounts | 25,103 | 28,875 | |||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 174,600 | 186,306 | 159,605 | 137,028 | |||||||||||
| other current liabilities | 2,158,030 | 2,122,270 | 1,322,628 | 1,147,903 | 908,949 | 960,925 | 614,536 | 558,602 | 514,068 | 421,961 | 443,535 | ||||
| total current liabilities | 2,745,121 | 2,458,297 | 1,548,014 | 1,391,464 | 987,899 | 1,050,302 | 765,200 | 702,572 | 727,235 | 735,604 | 705,324 | 554,249 | 555,884 | 585,778 | 504,920 |
| loans | 430,286 | 668,240 | 639,176 | 858,446 | |||||||||||
| hp & lease commitments | 45,143 | 164,120 | 319,588 | 429,223 | |||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 50,350 | 58,244 | 1,770 | 7,858 | 446 | 25,594 | 10,036 | 11,922 | 8,051 | 4,953 | 6,190 | 10,157 | 12,487 | 11,389 | |
| total long term liabilities | 410,318 | 533,242 | 320,473 | 433,152 | 223 | 12,797 | 5,018 | 5,961 | 8,051 | 4,953 | 6,190 | 10,157 | 12,487 | 11,389 | |
| total liabilities | 3,155,439 | 2,991,539 | 1,868,487 | 1,824,616 | 988,122 | 1,063,099 | 765,200 | 707,590 | 733,196 | 743,655 | 710,277 | 560,439 | 566,041 | 598,265 | 516,309 |
| net assets | 1,740,796 | 1,387,775 | 1,560,047 | 792,869 | 875,303 | 496,869 | 192,330 | 513,690 | 983,822 | 799,000 | 628,695 | 548,871 | 481,066 | 509,815 | 550,643 |
| total shareholders funds | 1,740,796 | 1,387,775 | 1,560,047 | 792,869 | 875,303 | 496,869 | 192,330 | 513,690 | 983,822 | 799,000 | 628,695 | 548,871 | 481,066 | 509,815 | 550,643 |
| Dec 2023 | Jan 2023 | Jan 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 470,204 | 49,658 | 977,577 | 226,880 | 194,974 | 207,310 | 481,594 | 795,861 | 606,761 | 472,855 | 157,246 | ||||
| Depreciation | 264,222 | 218,241 | 56,811 | 48,201 | 36,263 | 26,833 | 20,890 | 17,747 | 20,818 | 21,414 | 21,609 | 26,326 | 30,020 | 30,785 | 28,871 |
| Amortisation | 172,431 | 167,729 | 135,435 | 109,800 | 47,892 | 16,453 | 3,045 | 453 | |||||||
| Tax | -107,281 | -13,691 | -188,170 | -39,428 | -43,488 | -71,473 | -116,983 | -165,993 | -124,168 | -103,980 | -49,665 | ||||
| Stock | -509,640 | -169,792 | 679,432 | ||||||||||||
| Debtors | 1,681,646 | 1,268,227 | 1,065,462 | 68,474 | -235,677 | 276,586 | 536,022 | 384,109 | -150,985 | 117,967 | 68,987 | 75,184 | 544,652 | 15,323 | 215,313 |
| Creditors | 346,710 | 83,940 | 65,781 | 27,583 | -10,427 | -61,287 | 150,664 | 118,867 | -71,601 | -420,556 | 151,075 | -1,635 | -29,894 | 524,393 | 61,385 |
| Accruals and Deferred Income | 835,402 | 799,642 | 1,322,628 | 238,954 | -51,976 | 346,389 | 614,536 | 558,602 | 92,107 | 421,961 | -443,535 | 443,535 | |||
| Deferred Taxes & Provisions | 48,580 | 56,474 | 1,770 | 7,412 | -25,148 | 25,594 | 10,036 | 3,871 | 3,098 | -1,237 | -3,967 | -2,330 | 1,098 | 11,389 | |
| Cash flow from operations | 348,622 | 93,766 | 1,306,370 | 550,928 | 383,767 | 213,233 | 617,724 | 951,464 | 678,773 | 276,825 | -241,984 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -74,944 | -74,847 | 201,000 | -252 | 201,252 | 241,452 | |||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 25,103 | -28,875 | 28,875 | ||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -208,890 | 29,064 | 639,176 | 858,446 | |||||||||||
| Hire Purchase and Lease Commitments | -259,450 | -128,767 | 479,193 | 566,251 | |||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -25,034 | -16,292 | -22,229 | -19,886 | 1,948 | 927 | 2,229 | 1,431 | 338 | ||||||
| cash flow from financing | -665,646 | -115,995 | 1,889,009 | 1,404,811 | 1,948 | 927 | 513,690 | 1,008,925 | -26,646 | 30,305 | 543,062 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | 125,560 | -107,283 | 344,294 | 32,918 | 74,675 | 110,727 | 144,477 | 558,999 | 270,341 | 75,326 | 169,807 | 3,907 | -84,049 | 199,677 | 91,523 |
| overdraft | |||||||||||||||
| change in cash | 125,560 | -107,283 | 344,294 | 32,918 | 74,675 | 110,727 | 144,477 | 558,999 | 270,341 | 75,326 | 169,807 | 3,907 | -84,049 | 199,677 | 91,523 |
fexco property services (management) limited Credit Report and Business Information
Fexco Property Services (management) Limited Competitor Analysis
Perform a competitor analysis for fexco property services (management) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in SP2 area or any other competitors across 12 key performance metrics.
fexco property services (management) limited Ownership
FEXCO PROPERTY SERVICES (MANAGEMENT) LIMITED group structure
Fexco Property Services (Management) Limited has 5 subsidiary companies.
Ultimate parent company
GROUP HOLDINGS (FEXCO) LIMITED
IE167573
2 parents
FEXCO PROPERTY SERVICES (MANAGEMENT) LIMITED
02570943
5 subsidiaries
fexco property services (management) limited directors
Fexco Property Services (Management) Limited currently has 2 directors. The longest serving directors include Mr John Nagle (Nov 2016) and Mr Niall McGann (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Nagle | Ireland | 77 years | Nov 2016 | - | Director |
| Mr Niall McGann | United Kingdom | 52 years | May 2019 | - | Director |
P&L
December 2023turnover
11m
+29%
operating profit
470.2k
-52%
gross margin
68.9%
-9.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.7m
+0.12%
total assets
4.9m
+0.43%
cash
469.9k
+0.36%
net assets
Total assets minus all liabilities
fexco property services (management) limited company details
company number
02570943
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
December 1990
age
35
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
remus management limited (November 2024)
accountant
-
auditor
KPMG
address
fisher house, 84 fisherton street, salisbury, SP2 7QY
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
PINSENT MASONS LLP
fexco property services (management) 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 fexco property services (management) limited. Currently there are 0 open charges and 2 have been satisfied in the past.
fexco property services (management) 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 FEXCO PROPERTY SERVICES (MANAGEMENT) LIMITED. This can take several minutes, an email will notify you when this has completed.
fexco property services (management) limited Companies House Filings - See Documents
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