blutex properties limited
blutex properties limited Company Information
Company Number
02717610
Next Accounts
Dec 2024
Industry
Other business support service activities n.e.c.
Directors
Shareholders
mr rafiq blue
mr ayaaz patel
View AllGroup Structure
View All
Contact
Registered Address
unit d sterling industrial, estate rainham road south, dagenham, essex, RM10 8TX
Website
www.blutex.co.ukblutex properties limited Estimated Valuation
Pomanda estimates the enterprise value of BLUTEX PROPERTIES LIMITED at £126.8k based on a Turnover of £327.1k and 0.39x industry multiple (adjusted for size and gross margin).
blutex properties limited Estimated Valuation
Pomanda estimates the enterprise value of BLUTEX PROPERTIES LIMITED at £315.8k based on an EBITDA of £110.5k and a 2.86x industry multiple (adjusted for size and gross margin).
blutex properties limited Estimated Valuation
Pomanda estimates the enterprise value of BLUTEX PROPERTIES LIMITED at £3m based on Net Assets of £1.3m and 2.35x industry multiple (adjusted for liquidity).
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Blutex Properties Limited Overview
Blutex Properties Limited is a live company located in dagenham, RM10 8TX with a Companies House number of 02717610. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 1992, it's largest shareholder is mr rafiq blue with a 98% stake. Blutex Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £327.1k with declining growth in recent years.
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Blutex Properties Limited Health Check
Pomanda's financial health check has awarded Blutex Properties Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £327.1k, make it smaller than the average company (£3m)
- Blutex Properties Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (4%)
- Blutex Properties Limited
4% - Industry AVG
Production
with a gross margin of 17.5%, this company has a higher cost of product (38.8%)
- Blutex Properties Limited
38.8% - Industry AVG
Profitability
an operating margin of 33.8% make it more profitable than the average company (6.5%)
- Blutex Properties Limited
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (20)
1 - Blutex Properties Limited
20 - Industry AVG
Pay Structure
on an average salary of £43.5k, the company has an equivalent pay structure (£43.5k)
- Blutex Properties Limited
£43.5k - Industry AVG
Efficiency
resulting in sales per employee of £327.1k, this is more efficient (£137.1k)
- Blutex Properties Limited
£137.1k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (39 days)
- Blutex Properties Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 486 days, this is slower than average (34 days)
- Blutex Properties Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Blutex Properties Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Blutex Properties Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.4%, this is a similar level of debt than the average (60.3%)
60.4% - Blutex Properties Limited
60.3% - Industry AVG
BLUTEX PROPERTIES LIMITED financials
Blutex Properties Limited's latest turnover from March 2023 is estimated at £327.1 thousand and the company has net assets of £1.3 million. According to their latest financial statements, Blutex Properties Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 201,719 | 227,006 | ||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 127,203 | 93,053 | ||||||||||||
| Interest Payable | 108,634 | 110,650 | ||||||||||||
| Interest Receivable | 0 | 0 | ||||||||||||
| Pre-Tax Profit | 18,569 | -17,597 | ||||||||||||
| Tax | -3,899 | 3,518 | ||||||||||||
| Profit After Tax | 14,670 | -14,079 | ||||||||||||
| Dividends Paid | 0 | 142,197 | ||||||||||||
| Retained Profit | 14,670 | -156,276 | ||||||||||||
| Employee Costs | 5,044 | 4,940 | ||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | |||||||||
| EBITDA* | 127,203 | 93,053 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,203,795 | 3,203,795 | 3,203,795 | 3,203,795 | 3,203,795 | 3,203,795 | 3,724,244 | 3,860,000 | 4,295,002 | 4,295,002 | 4,295,002 | 0 | 0 | 4,890,002 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,295,002 | 4,840,002 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,203,795 | 3,203,795 | 3,203,795 | 3,203,795 | 3,203,795 | 3,203,795 | 3,724,244 | 3,860,000 | 4,295,002 | 4,295,002 | 4,295,002 | 4,295,002 | 4,840,002 | 4,890,002 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,014 | 2,418 | 81 | 50 | 2,781 | 0 | 0 | 0 | 9,639 | 12,825 | 14,847 | 3,342 | 27,219 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 6,120 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 109,207 | 161,684 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,014 | 2,418 | 6,201 | 50 | 2,781 | 0 | 0 | 0 | 9,639 | 12,825 | 14,847 | 3,342 | 136,426 | 161,684 |
| total assets | 3,206,809 | 3,206,213 | 3,209,996 | 3,203,845 | 3,206,576 | 3,203,795 | 3,724,244 | 3,860,000 | 4,304,641 | 4,307,827 | 4,309,849 | 4,298,344 | 4,976,428 | 5,051,686 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,182 | 103,527 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 171,000 | 156,000 |
| Trade Creditors | 359,878 | 392,715 | 421,562 | 571,064 | 616,257 | 807,759 | 1,056,594 | 984,659 | 918,312 | 847,125 | 678,400 | 1,231,894 | 10,885 | 932 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 827,969 | 671,621 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 213,932 | 314,419 |
| total current liabilities | 359,878 | 392,715 | 421,562 | 571,064 | 616,257 | 807,759 | 1,056,594 | 984,659 | 918,312 | 847,125 | 678,400 | 1,231,894 | 1,247,968 | 1,246,499 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,348,996 | 1,463,917 | 1,767,459 | 1,969,750 | 2,140,750 | 2,175,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 6,654 | 7,754 | 4,274 | 3,962 | 8,742 | 12,142 | 6,662 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,569,519 | 1,624,518 | 1,725,752 | 1,713,675 | 1,790,801 | 1,720,000 | 1,816,250 | 1,930,000 | 690,000 | 680,000 | 614,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,576,173 | 1,632,272 | 1,730,026 | 1,717,637 | 1,799,543 | 1,732,142 | 1,822,912 | 1,930,000 | 2,038,996 | 2,143,917 | 2,381,459 | 1,969,750 | 2,140,750 | 2,175,000 |
| total liabilities | 1,936,051 | 2,024,987 | 2,151,588 | 2,288,701 | 2,415,800 | 2,539,901 | 2,879,506 | 2,914,659 | 2,957,308 | 2,991,042 | 3,059,859 | 3,201,644 | 3,388,718 | 3,421,499 |
| net assets | 1,270,758 | 1,181,226 | 1,058,408 | 915,144 | 790,776 | 663,894 | 844,738 | 945,341 | 1,347,333 | 1,316,785 | 1,249,990 | 1,096,700 | 1,587,710 | 1,630,187 |
| total shareholders funds | 1,270,758 | 1,181,226 | 1,058,408 | 915,144 | 790,776 | 663,894 | 844,738 | 945,341 | 1,347,333 | 1,316,785 | 1,249,990 | 1,096,700 | 1,587,710 | 1,630,187 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 127,203 | 93,053 | ||||||||||||
| Depreciation | 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 | |
| Tax | -3,899 | 3,518 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 596 | -3,783 | 6,151 | -2,731 | 2,781 | 0 | 0 | -9,639 | -3,186 | -2,022 | 11,505 | -133,084 | -25,258 | 161,684 |
| Creditors | -32,837 | -28,847 | -149,502 | -45,193 | -191,502 | -248,835 | 71,935 | 66,347 | 71,187 | 168,725 | -553,494 | 1,221,009 | 9,953 | 932 |
| Accruals and Deferred Income | -1,100 | 3,480 | 312 | -4,780 | -3,400 | 5,480 | 6,662 | 0 | 0 | 0 | 0 | -213,932 | -100,487 | 314,419 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 58,028 | 250,238 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,295,002 | -545,000 | 4,840,002 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -171,000 | 15,000 | 156,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -827,969 | 156,348 | 671,621 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,348,996 | -114,921 | -303,542 | -202,291 | -171,000 | -34,250 | 2,175,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -54,999 | -101,234 | 12,077 | -77,126 | 70,801 | -96,250 | -113,750 | 1,240,000 | 10,000 | 66,000 | 614,000 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -108,634 | -110,650 | ||||||||||||
| cash flow from financing | -28,683 | 4,678,434 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -24,182 | -79,345 | 103,527 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,182 | 79,345 | -103,527 |
blutex properties limited Credit Report and Business Information
Blutex Properties Limited Competitor Analysis
Perform a competitor analysis for blutex properties limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in RM10 area or any other competitors across 12 key performance metrics.
blutex properties limited Ownership
BLUTEX PROPERTIES LIMITED group structure
Blutex Properties Limited has no subsidiary companies.
Ultimate parent company
BLUTEX PROPERTIES LIMITED
02717610
blutex properties limited directors
Blutex Properties Limited currently has 1 director, Mr Ayaaz Patel serving since Aug 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ayaaz Patel | 39 years | Aug 2013 | - | Director |
P&L
March 2023turnover
327.1k
-5%
operating profit
110.5k
0%
gross margin
17.5%
+6.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.3m
+0.08%
total assets
3.2m
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
blutex properties limited company details
company number
02717610
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 1992
age
32
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
blutex office express limited (March 2008)
accountant
ROBINSON STERLING
auditor
-
address
unit d sterling industrial, estate rainham road south, dagenham, essex, RM10 8TX
Bank
-
Legal Advisor
-
blutex properties 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 16 charges/mortgages relating to blutex properties limited. Currently there are 3 open charges and 13 have been satisfied in the past.
blutex properties 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.
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blutex properties limited Companies House Filings - See Documents
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