choiceplace properties limited

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choiceplace properties limited Company Information

Share CHOICEPLACE PROPERTIES LIMITED

Company Number

03177358

Directors

Remo Gabriele

Shareholders

heartgrove ltd

Group Structure

View All

Industry

Buying and selling of own real estate

 +1

Registered Address

188 brent street, london, NW4 1BE

Website

-

choiceplace properties limited Estimated Valuation

£875.4m

Pomanda estimates the enterprise value of CHOICEPLACE PROPERTIES LIMITED at £875.4m based on a Turnover of £122.4m and 7.15x industry multiple (adjusted for size and gross margin).

choiceplace properties limited Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of CHOICEPLACE PROPERTIES LIMITED at £2.3m based on an EBITDA of £156.9k and a 14.61x industry multiple (adjusted for size and gross margin).

choiceplace properties limited Estimated Valuation

£33.8m

Pomanda estimates the enterprise value of CHOICEPLACE PROPERTIES LIMITED at £33.8m based on Net Assets of £20.3m and 1.66x industry multiple (adjusted for liquidity).

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Choiceplace Properties Limited Overview

Choiceplace Properties Limited is a live company located in london, NW4 1BE with a Companies House number of 03177358. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 1996, it's largest shareholder is heartgrove ltd with a 100% stake. Choiceplace Properties Limited is a mature, mega sized company, Pomanda has estimated its turnover at £122.4m with high growth in recent years.

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Choiceplace Properties Limited Health Check

Pomanda's financial health check has awarded Choiceplace Properties Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £122.4m, make it larger than the average company (£861.8k)

£122.4m - Choiceplace Properties Limited

£861.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (4.4%)

24% - Choiceplace Properties Limited

4.4% - Industry AVG

production

Production

with a gross margin of 72.3%, this company has a comparable cost of product (72.3%)

72.3% - Choiceplace Properties Limited

72.3% - Industry AVG

profitability

Profitability

an operating margin of 0.1% make it less profitable than the average company (27.2%)

0.1% - Choiceplace Properties Limited

27.2% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - Choiceplace Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)

£36.9k - Choiceplace Properties Limited

£36.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £30.6m, this is more efficient (£184k)

£30.6m - Choiceplace Properties Limited

£184k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 54 days, this is later than average (27 days)

54 days - Choiceplace Properties Limited

27 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 54 days, this is slower than average (35 days)

54 days - Choiceplace Properties Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Choiceplace Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (8 weeks)

28 weeks - Choiceplace Properties Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 57.8%, this is a lower level of debt than the average (66.7%)

57.8% - Choiceplace Properties Limited

66.7% - Industry AVG

CHOICEPLACE PROPERTIES LIMITED financials

EXPORTms excel logo

Choiceplace Properties Limited's latest turnover from June 2024 is estimated at £122.4 million and the company has net assets of £20.3 million. According to their latest financial statements, Choiceplace Properties Limited has 4 employees and maintains cash reserves of £2.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover122,352,652114,772,21996,775,43264,773,18559,392,40866,824,46257,528,65419,349,2772,909,6213,282,09510,974,2308,611,61815,940,16615,768,03618,957,091
Other Income Or Grants
Cost Of Sales33,841,02232,049,73528,171,70518,773,94817,259,85919,907,64716,515,2405,494,344844,0061,111,1724,179,2043,049,7495,624,2055,345,4246,574,046
Gross Profit88,511,63082,722,48468,603,72845,999,23742,132,54946,916,81541,013,41513,854,9322,065,6152,170,9236,795,0265,561,86910,315,96010,422,61112,383,046
Admin Expenses88,354,73982,543,79467,904,68045,583,36440,575,95946,656,66539,050,75813,316,475-14,456,1012,126,3286,750,0475,517,34510,124,93410,309,0769,817,416
Operating Profit156,891178,690699,048415,8731,556,590260,1501,962,657538,45716,521,71644,59544,97944,524191,026113,5352,565,630
Interest Payable
Interest Receivable142,723132,24036,7752,9612,78320,44613,1956,5236,22750717330315319
Pre-Tax Profit299,613310,929735,822418,8331,559,373280,5961,975,852544,98016,527,94444,64544,98644,696191,329113,6882,565,649
Tax-74,903-77,732-139,806-79,578-296,281-53,313-375,412-103,546-3,305,589-8,929-9,447-10,280-45,919-29,559-718,382
Profit After Tax224,710233,197596,016339,2551,263,092227,2831,600,440441,43413,222,35535,71635,53934,416145,41084,1291,847,267
Dividends Paid
Retained Profit224,710233,197596,016339,2551,263,092227,2831,600,440441,43413,222,35535,71635,53934,416145,41084,1291,847,267
Employee Costs147,690133,592136,004126,296133,073134,182130,47692,00496,723530,5521,767,9281,395,8262,632,2542,578,3393,359,383
Number Of Employees4444444331757479190116
EBITDA*156,891178,690699,048415,8731,556,590260,1501,962,657538,45716,521,71644,59544,97944,524191,026113,5352,565,630

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets362,109362,109362,109362,109
Intangible Assets
Investments & Other27,025,29026,960,87926,955,86425,387,58725,167,17924,979,03724,999,03727,003,44426,094,549600,000600,0001111
Debtors (Due After 1 year)
Total Fixed Assets27,025,29026,960,87926,955,86425,387,58725,167,17924,979,03724,999,03727,003,44426,094,549962,109962,109362,110362,11011
Stock & work in progress665,608495,0752,337,4565,046,0553,829,11914,300,63313,325,01911,121,1159,646,1549,623,3179,623,317
Trade Debtors18,386,68218,156,29816,212,46111,873,07010,668,56111,029,0039,394,9562,588,07147,4041,342,2341,150,8991,671,6161,686,6611,646,230
Group Debtors
Misc Debtors
Cash2,754,9012,682,1582,607,4253,276,4992,644,5172,920,7522,531,6282,746,2292,472,22718,7241,2561,41767,61753,4917,591
misc current assets
total current assets21,141,58320,838,45618,819,88615,149,56913,978,68614,444,83014,264,04010,380,3556,348,75014,319,35714,668,50912,273,43111,385,38711,363,46911,277,138
total assets48,166,87347,799,33545,775,75040,537,15639,145,86539,423,86739,263,07737,383,79932,443,29915,281,46615,630,61812,635,54111,747,49711,363,47011,277,139
Bank overdraft
Bank loan
Trade Creditors 5,014,6515,579,8235,710,6994,157,2924,505,2563,824,7974,252,3466,099,0804,265,627939,651933,855224,3174,931,1894,692,5729,429,870
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities5,014,6515,579,8235,710,6994,157,2924,505,2563,824,7974,252,3466,099,0804,265,627939,651933,855224,3174,931,1894,692,5729,429,870
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities19,000,00018,350,00016,400,00014,650,00013,250,00015,350,00015,254,49812,704,4989,854,49812,159,33612,550,00010,300,0004,739,5004,739,500
provisions3,821,9613,763,9613,792,6972,453,5262,453,5262,575,0792,309,5252,733,9532,918,340
total long term liabilities22,821,96122,113,96120,192,69717,103,52615,703,52617,925,07917,564,02315,438,45112,772,83812,159,33612,550,00010,300,0004,739,5004,739,500
total liabilities27,836,61227,693,78425,903,39621,260,81820,208,78221,749,87621,816,36921,537,53117,038,46513,098,98713,483,85510,524,3179,670,6899,432,0729,429,870
net assets20,330,26120,105,55119,872,35419,276,33818,937,08317,673,99117,446,70815,846,26815,404,8342,182,4792,146,7632,111,2242,076,8081,931,3981,847,269
total shareholders funds20,330,26120,105,55119,872,35419,276,33818,937,08317,673,99117,446,70815,846,26815,404,8342,182,4792,146,7632,111,2242,076,8081,931,3981,847,269
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit156,891178,690699,048415,8731,556,590260,1501,962,657538,45716,521,71644,59544,97944,524191,026113,5352,565,630
Depreciation
Amortisation
Tax-74,903-77,732-139,806-79,578-296,281-53,313-375,412-103,546-3,305,589-8,929-9,447-10,280-45,919-29,559-718,382
Stock-665,608170,533-1,842,381-2,708,5991,216,936-10,471,514975,6142,203,9041,474,96122,8379,623,317
Debtors230,3841,943,8374,339,3911,204,509-360,4421,634,0476,806,8852,540,66747,404-1,342,234191,335-520,717-15,04540,4311,646,230
Creditors-565,172-130,8761,553,407-347,964680,459-427,549-1,846,7341,833,4533,325,9765,796709,538-4,706,872238,617-4,737,2989,429,870
Accruals and Deferred Income
Deferred Taxes & Provisions58,000-28,7361,339,171-121,553265,554-424,428-184,3872,918,340
Cash flow from operations-655,568-2,002,491-887,571-550,5702,009,124253,176-4,782,203-1,673,62629,884,553408,082-1,650,169-5,626,872375,932-4,693,7537,571
Investing Activities
capital expenditure362,109-362,109
Change in Investments64,4115,0151,568,277220,408188,142-20,000-2,004,407908,89525,494,549599,9991
cash flow from investments-64,411-5,015-1,568,277-220,408-188,14220,0002,004,407-908,895-25,132,440-599,999-362,109-1
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities650,0001,950,0001,750,0001,400,000-2,100,00095,5022,550,0002,850,000-2,304,838-390,6642,250,0005,560,5004,739,500
share issue2
interest142,723132,24036,7752,9612,78320,44613,1956,5236,22750717330315319
cash flow from financing792,7232,082,2401,786,7751,402,961-2,097,217115,9482,563,1952,856,523-2,298,611-390,6142,250,0075,560,6733034,739,65321
cash and cash equivalents
cash72,74374,733-669,074631,982-276,235389,124-214,601274,0022,453,50317,468-161-66,20014,12645,9007,591
overdraft
change in cash72,74374,733-669,074631,982-276,235389,124-214,601274,0022,453,50317,468-161-66,20014,12645,9007,591

choiceplace properties limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Choiceplace Properties Limited Competitor Analysis

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Perform a competitor analysis for choiceplace properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mega companies, companies in NW4 area or any other competitors across 12 key performance metrics.

choiceplace properties limited Ownership

CHOICEPLACE PROPERTIES LIMITED group structure

Choiceplace Properties Limited has 1 subsidiary company.

Ultimate parent company

1 parent

CHOICEPLACE PROPERTIES LIMITED

03177358

1 subsidiary

CHOICEPLACE PROPERTIES LIMITED Shareholders

heartgrove ltd 100%

choiceplace properties limited directors

Choiceplace Properties Limited currently has 1 director, Mr Remo Gabriele serving since Apr 1996.

officercountryagestartendrole
Mr Remo GabrieleEngland72 years Apr 1996- Director

P&L

June 2024

turnover

122.4m

+7%

operating profit

156.9k

0%

gross margin

72.4%

+0.37%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

20.3m

+0.01%

total assets

48.2m

+0.01%

cash

2.8m

+0.03%

net assets

Total assets minus all liabilities

choiceplace properties limited company details

company number

03177358

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

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

March 1996

age

29

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

-

address

188 brent street, london, NW4 1BE

Bank

BARCLAYS BANK PLC

Legal Advisor

-

choiceplace 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 22 charges/mortgages relating to choiceplace properties limited. Currently there are 3 open charges and 19 have been satisfied in the past.

choiceplace 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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choiceplace properties limited Companies House Filings - See Documents

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