i.m. properties investment limited
i.m. properties investment limited Company Information
Company Number
02937496
Website
www.improperties.co.ukRegistered Address
the gate international drive, solihull, B90 4WA
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
01217308050
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
i m properties plc 100%
i.m. properties investment limited Estimated Valuation
Pomanda estimates the enterprise value of I.M. PROPERTIES INVESTMENT LIMITED at £2.6m based on a Turnover of £874.4k and 2.96x industry multiple (adjusted for size and gross margin).
i.m. properties investment limited Estimated Valuation
Pomanda estimates the enterprise value of I.M. PROPERTIES INVESTMENT LIMITED at £0 based on an EBITDA of £-4.4m and a 6.27x industry multiple (adjusted for size and gross margin).
i.m. properties investment limited Estimated Valuation
Pomanda estimates the enterprise value of I.M. PROPERTIES INVESTMENT LIMITED at £71m based on Net Assets of £44.8m and 1.58x industry multiple (adjusted for liquidity).
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I.m. Properties Investment Limited Overview
I.m. Properties Investment Limited is a live company located in solihull, B90 4WA with a Companies House number of 02937496. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 1994, it's largest shareholder is i m properties plc with a 100% stake. I.m. Properties Investment Limited is a mature, small sized company, Pomanda has estimated its turnover at £874.4k with rapid growth in recent years.
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I.m. Properties Investment Limited Health Check
Pomanda's financial health check has awarded I.M. Properties Investment Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £874.4k, make it in line with the average company (£997.4k)
£874.4k - I.m. Properties Investment Limited
£997.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 96%, show it is growing at a faster rate (3.4%)
96% - I.m. Properties Investment Limited
3.4% - Industry AVG
Production
with a gross margin of 59%, this company has a higher cost of product (73.8%)
59% - I.m. Properties Investment Limited
73.8% - Industry AVG
Profitability
an operating margin of -504.7% make it less profitable than the average company (25.3%)
-504.7% - I.m. Properties Investment Limited
25.3% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - I.m. Properties Investment Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - I.m. Properties Investment Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £218.6k, this is equally as efficient (£199.2k)
£218.6k - I.m. Properties Investment Limited
£199.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - I.m. Properties Investment Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 225 days, this is slower than average (35 days)
225 days - I.m. Properties Investment Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - I.m. Properties Investment Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (11 weeks)
3 weeks - I.m. Properties Investment Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.9%, this is a higher level of debt than the average (69.7%)
76.9% - I.m. Properties Investment Limited
69.7% - Industry AVG
I.M. PROPERTIES INVESTMENT LIMITED financials
I.M. Properties Investment Limited's latest turnover from December 2023 is £874.4 thousand and the company has net assets of £44.8 million. According to their latest financial statements, I.M. Properties Investment Limited has 4 employees and maintains cash reserves of £4.4 million 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 | 874,432 | 1,373,659 | 629,410 | 115,632 | 320,947 | 330,964 | 200,622 | 416,902 | 654,087 | 207,650 | 915,121 | 24,125 | 637,862 | 1,065,760 | 843,187 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 358,348 | 427,395 | 87,865 | 24,858 | 18,787 | 39,760 | 118,368 | 649,598 | 2,056,704 | 2,698 | 358,700 | 1,204 | 30,802 | 51,673 | 123,341 |
| Gross Profit | 516,084 | 946,264 | 541,545 | 90,774 | 302,160 | 291,204 | 82,254 | -232,696 | -1,402,617 | 204,952 | 556,421 | 22,921 | 607,060 | 1,014,087 | 719,846 |
| Admin Expenses | 4,929,535 | 1,077,048 | 3,199,618 | 1,455,856 | 900,396 | 444,853 | 21,413 | -214,578 | 751,330 | 73,645 | 91,228 | 55,158 | -3,163,825 | 107,332 | 19,190 |
| Operating Profit | -4,413,451 | -130,784 | -2,658,073 | -1,365,082 | -598,236 | -153,649 | 60,841 | -18,118 | -2,153,947 | 131,307 | 465,193 | -32,237 | 3,770,885 | 906,755 | 700,656 |
| Interest Payable | 0 | 161,409 | 0 | 0 | 0 | 0 | 1,080 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 842,905 | 166,098 | 858,607 | 2,254,896 | 1,219,406 | 1,587,187 | 2,006,215 | 2,654,746 | 2,576,774 | 2,410,331 | 1,138,773 | 1,141,024 | 809,516 | 386,481 | 491,547 |
| Pre-Tax Profit | -3,570,546 | -126,095 | -15,580,748 | 889,814 | 2,898,893 | 1,433,538 | 2,065,976 | 2,636,628 | 4,799,485 | 2,541,638 | 1,603,966 | 1,108,787 | 3,748,513 | -2,400,662 | 1,416,616 |
| Tax | 18,860 | 269,209 | 226,352 | -621,013 | -26,540 | -190,691 | 157,956 | -135,908 | -528,022 | -1,365,440 | -345,738 | -216,365 | -298,359 | -325,729 | 4,073 |
| Profit After Tax | -3,551,686 | 143,114 | -15,354,396 | 268,801 | 2,872,353 | 1,242,847 | 2,223,932 | 2,500,720 | 4,271,463 | 1,176,198 | 1,258,228 | 892,422 | 3,450,154 | -2,726,391 | 1,420,689 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -3,551,686 | 143,114 | -15,354,396 | 268,801 | 2,872,353 | 1,242,847 | 2,223,932 | -43,499,280 | 4,271,463 | 1,176,198 | 1,258,228 | 892,422 | 3,450,154 | -2,726,391 | 1,420,689 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |||||
| EBITDA* | -4,413,451 | -130,784 | -2,658,073 | -1,365,082 | -598,236 | -153,649 | 60,841 | -18,118 | -2,153,947 | 131,307 | 465,193 | -32,237 | 3,770,885 | 906,755 | 700,656 |
* 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 | 3,546,880 | 336,000 | 1,289,573 | 36,228,700 | 46,880 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 106,161,094 | 171,706,983 | 214,203,097 | 112,231,618 | 141,662,119 | 47,805,240 | 48,245,264 | 48,263,921 | 48,035,286 | 54,510,911 | 50,802,216 | 94,341,316 | 91,341,295 | 91,305,835 | 91,153,216 |
| Debtors (Due After 1 year) | 315,679 | 82,481 | 430,498 | 0 | 108,800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 106,476,773 | 171,789,464 | 214,633,595 | 112,231,618 | 141,770,919 | 47,805,240 | 48,245,264 | 48,263,921 | 48,035,286 | 54,510,911 | 54,349,096 | 94,677,316 | 92,630,868 | 127,534,535 | 91,200,096 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 205,652 |
| Trade Debtors | 0 | 101,722 | 188,901 | 30,320 | 2,969 | 44,931 | 1,235 | 3,500 | 4,039 | 30,943 | 9,408 | 1,594 | 1,294 | 203,639 | 657 |
| Group Debtors | 82,956,005 | 19,540,113 | 0 | 97,497,088 | 67,038,856 | 51,774,474 | 50,245,424 | 49,438,261 | 92,448,716 | 82,115,193 | 79,487,603 | 37,118,742 | 38,566,087 | 21,600,139 | 39,026,031 |
| Misc Debtors | 83,082 | 716,753 | 272,288 | 301,744 | 854,338 | 237,180 | 166,350 | 143,861 | 583,445 | 132,104 | 889,233 | 650,807 | 9,915 | 172,155 | 37,214 |
| Cash | 4,403,820 | 4,002,190 | 27,288,991 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 120,776 | 400,738 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 87,442,907 | 24,360,778 | 27,750,180 | 97,829,152 | 67,896,163 | 52,056,585 | 50,413,009 | 49,585,622 | 93,036,200 | 82,278,240 | 80,386,244 | 37,771,143 | 38,698,072 | 22,376,671 | 39,269,554 |
| total assets | 193,919,680 | 196,150,242 | 242,383,775 | 210,060,770 | 209,667,082 | 99,861,825 | 98,658,273 | 97,849,543 | 141,071,486 | 136,789,151 | 134,735,340 | 132,448,459 | 131,328,940 | 149,911,206 | 130,469,650 |
| 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 | 221,244 | 422,690 | 1,099,418 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 60,001,000 | 60,001,000 | 95,448,713 | 61,217,971 | 61,217,971 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 3,745,513 | 2,222,943 | 12,475,149 | 127,908 | 3,021 | 77,189 | 48,589 | 1,428,939 | 1,413,093 | 1,076,690 | 529,819 | 1,166 | 1,167 | 22,033,587 | 8,353 |
| total current liabilities | 63,967,757 | 62,646,633 | 109,023,280 | 61,345,879 | 61,220,992 | 77,189 | 48,589 | 1,428,939 | 1,413,093 | 1,076,690 | 529,819 | 1,166 | 1,167 | 22,033,587 | 8,353 |
| loans | 85,137,000 | 85,137,000 | 85,137,000 | 85,137,000 | 85,137,000 | 85,137,000 | 85,137,000 | 85,137,000 | 0 | 85,137,000 | 85,137,000 | 85,137,000 | 85,137,000 | 85,137,000 | 85,137,000 |
| 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 | 85,137,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 291,760 | 359,655 | 394,507 | 133,016 | 458,547 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 85,137,000 | 85,137,000 | 85,137,000 | 85,137,000 | 85,137,000 | 85,428,760 | 85,496,655 | 85,531,507 | 85,270,016 | 85,595,547 | 85,137,000 | 85,137,000 | 85,137,000 | 85,137,000 | 85,137,000 |
| total liabilities | 149,104,757 | 147,783,633 | 194,160,280 | 146,482,879 | 146,357,992 | 85,505,949 | 85,545,244 | 86,960,446 | 86,683,109 | 86,672,237 | 85,666,819 | 85,138,166 | 85,138,167 | 107,170,587 | 85,145,353 |
| net assets | 44,814,923 | 48,366,609 | 48,223,495 | 63,577,891 | 63,309,090 | 14,355,876 | 13,113,029 | 10,889,097 | 54,388,377 | 50,116,914 | 49,068,521 | 47,310,293 | 46,190,773 | 42,740,619 | 45,324,297 |
| total shareholders funds | 44,814,923 | 48,366,609 | 48,223,495 | 63,577,891 | 63,309,090 | 14,355,876 | 13,113,029 | 10,889,097 | 54,388,377 | 50,116,914 | 49,068,521 | 47,310,293 | 46,190,773 | 42,740,619 | 45,324,297 |
| 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 | -4,413,451 | -130,784 | -2,658,073 | -1,365,082 | -598,236 | -153,649 | 60,841 | -18,118 | -2,153,947 | 131,307 | 465,193 | -32,237 | 3,770,885 | 906,755 | 700,656 |
| Depreciation | 0 | 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 | 18,860 | 269,209 | 226,352 | -621,013 | -26,540 | -190,691 | 157,956 | -135,908 | -528,022 | -1,365,440 | -345,738 | -216,365 | -298,359 | -325,729 | 4,073 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -205,652 | 205,652 |
| Debtors | 62,913,697 | 19,549,382 | -96,937,465 | 29,824,189 | 15,948,378 | 1,643,576 | 827,387 | -43,450,578 | 10,757,960 | 1,891,996 | 42,615,101 | -806,153 | 16,601,363 | -17,087,969 | 39,063,902 |
| Creditors | -201,446 | -676,728 | 1,099,418 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,522,570 | -10,252,206 | 12,347,241 | 124,887 | -74,168 | 28,600 | -1,380,350 | 15,846 | 336,403 | 546,871 | 528,653 | -1 | -22,032,420 | 22,025,234 | 8,353 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -291,760 | -67,895 | -34,852 | 261,491 | -325,531 | 458,547 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -65,987,164 | -30,339,891 | 107,952,403 | -31,685,397 | -16,939,082 | -2,027,211 | -2,023,792 | 43,573,889 | -13,429,057 | -2,120,711 | -41,966,993 | 557,550 | -35,161,257 | 39,899,881 | -38,556,472 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -65,545,889 | -42,496,114 | 101,971,479 | -29,430,501 | 93,856,879 | -440,024 | -18,657 | 228,635 | -6,475,625 | 3,708,695 | -43,539,100 | 3,000,021 | 35,460 | 152,619 | 91,153,216 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -35,447,713 | 34,230,742 | 0 | 61,217,971 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 85,137,000 | -85,137,000 | 0 | 0 | 0 | 0 | 0 | 85,137,000 |
| 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 | -85,137,000 | 85,137,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 842,905 | 4,689 | 858,607 | 2,254,896 | 1,219,406 | 1,587,187 | 2,005,135 | 2,654,746 | 2,576,774 | 2,410,331 | 1,138,773 | 1,141,024 | 491,547 | ||
| cash flow from financing | 842,905 | -35,443,024 | 35,089,349 | 2,254,896 | 108,518,238 | 1,587,187 | 2,005,135 | 2,654,746 | 2,576,774 | 2,282,526 | 1,638,773 | 1,368,122 | 129,532,155 | ||
| cash and cash equivalents | |||||||||||||||
| cash | 401,630 | -23,286,801 | 27,288,991 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -120,776 | -279,962 | 400,738 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 401,630 | -23,286,801 | 27,288,991 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -120,776 | -279,962 | 400,738 | 0 |
i.m. properties investment limited Credit Report and Business Information
I.m. Properties Investment Limited Competitor Analysis
Perform a competitor analysis for i.m. properties investment limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in B90 area or any other competitors across 12 key performance metrics.
i.m. properties investment limited Ownership
I.M. PROPERTIES INVESTMENT LIMITED group structure
I.M. Properties Investment Limited has 13 subsidiary companies.
Ultimate parent company
IMG UK HOLDINGS LTD
#0159418
2 parents
I.M. PROPERTIES INVESTMENT LIMITED
02937496
13 subsidiaries
i.m. properties investment limited directors
I.M. Properties Investment Limited currently has 3 directors. The longest serving directors include Mr Timothy Wooldridge (Dec 2006) and Mr Gary Hutton (Nov 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Wooldridge | England | 51 years | Dec 2006 | - | Director |
| Mr Gary Hutton | 65 years | Nov 2009 | - | Director | |
| Mr Adrian Clarke | England | 50 years | Jan 2011 | - | Director |
P&L
December 2023turnover
874.4k
-36%
operating profit
-4.4m
+3275%
gross margin
59.1%
-14.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
44.8m
-0.07%
total assets
193.9m
-0.01%
cash
4.4m
+0.1%
net assets
Total assets minus all liabilities
Similar Companies
i.m. properties investment limited company details
company number
02937496
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
June 1994
age
30
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
i.m. properties finance limited (August 2011)
hight limited (June 1994)
accountant
COOPER PARRY GROUP LIMITED
auditor
-
address
the gate international drive, solihull, B90 4WA
Bank
NATIONWIDE BUILDING SOCIETY
Legal Advisor
-
i.m. properties investment 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 i.m. properties investment limited. Currently there are 13 open charges and 3 have been satisfied in the past.
i.m. properties investment limited Companies House Filings - See Documents
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