Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1
Registered Address
86b albert road, ilford, essex, IG1 1HR
Website
-
ricks properties ltdEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of RICKS PROPERTIES LTD at £1.2m based on a Turnover of £575.6k and 2.16x industry multiple (adjusted for size and gross margin).
ricks properties ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of RICKS PROPERTIES LTD at £0 based on an EBITDA of £-315 and a 4.41x industry multiple (adjusted for size and gross margin).
ricks properties ltdEstimated Valuation
£498.7k
Pomanda estimates the enterprise value of RICKS PROPERTIES LTD at £498.7k based on Net Assets of £312.2k and 1.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ricks Properties LtdOverview
Ricks Properties Ltd is a live company located in essex, IG1 1HR with a Companies House number of 03201329. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 1996, it's largest shareholder is
ranjit singh sokhi
with a 50% stake. Ricks Properties Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£575.6k with
declining
growth in recent years.
Pomanda's financial health check has awarded Ricks Properties Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £575.6k, make it smaller than the average company (£866.2k)
£575.6k - Ricks Properties Ltd
£866.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (4.4%)
-17% - Ricks Properties Ltd
4.4% - Industry AVG
Production
with a gross margin of 29.4%, this company has a higher cost of product (72.1%)
29.4% - Ricks Properties Ltd
72.1% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (26.8%)
0% - Ricks Properties Ltd
26.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Ricks Properties Ltd
4 - Industry AVG
Pay Structure
on an average salary of £36.5k, the company has an equivalent pay structure (£36.5k)
£36.5k - Ricks Properties Ltd
£36.5k - Industry AVG
Efficiency
resulting in sales per employee of £287.8k, this is more efficient (£186.4k)
£287.8k - Ricks Properties Ltd
£186.4k - Industry AVG
Debtor Days
it gets paid by customers after 102 days, this is later than average (28 days)
102 days - Ricks Properties Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 335 days, this is slower than average (35 days)
335 days - Ricks Properties Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ricks Properties Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ricks Properties Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.1%, this is a similar level of debt than the average (67.3%)
68.1% - Ricks Properties Ltd
67.3% - Industry AVG
RICKS PROPERTIES LTD financials
EXPORT
Ricks Properties Ltd's latest turnover from May 2024 is estimated at £575.6 thousand and the company has net assets of £312.2 thousand. According to their latest financial statements, Ricks Properties Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
575,602
718,214
686,928
998,229
665,470
789,673
769,203
800,994
785,890
401,170
463,525
495,066
484,524
397,089
353,875
Other Income Or Grants
Cost Of Sales
406,155
516,487
495,229
743,190
499,469
577,889
552,826
574,551
560,289
296,850
352,712
379,018
371,157
304,778
271,548
Gross Profit
169,448
201,727
191,699
255,039
166,001
211,784
216,377
226,443
225,601
104,320
110,813
116,048
113,368
92,311
82,327
Admin Expenses
169,763
198,864
193,314
206,076
141,157
181,056
188,054
142,525
145,408
63,770
104,749
102,687
94,447
107,421
47,512
Operating Profit
-315
2,863
-1,615
48,963
24,844
30,728
28,323
83,918
80,193
40,550
6,064
13,361
18,921
-15,110
34,815
Interest Payable
Interest Receivable
7
35
77
102
104
82
40
16
Pre-Tax Profit
-315
2,863
-1,615
48,963
24,844
30,728
28,323
83,925
80,229
40,628
6,166
13,465
19,003
-15,070
34,831
Tax
-716
-9,303
-4,720
-5,838
-5,381
-15,946
-16,046
-8,125
-1,295
-3,097
-4,561
-9,753
Profit After Tax
-315
2,147
-1,615
39,660
20,124
24,890
22,942
67,979
64,183
32,502
4,871
10,368
14,442
-15,070
25,078
Dividends Paid
Retained Profit
-315
2,147
-1,615
39,660
20,124
24,890
22,942
67,979
64,183
32,502
4,871
10,368
14,442
-15,070
25,078
Employee Costs
72,965
66,352
67,149
62,562
66,894
66,599
63,701
92,332
64,333
30,651
30,939
59,270
57,888
28,586
28,786
Number Of Employees
2
2
2
2
2
2
2
3
2
1
1
2
2
1
1
EBITDA*
-315
2,863
-1,615
48,963
24,844
30,728
28,323
83,918
1,183,999
1,262,663
6,064
13,361
18,927
-15,102
34,826
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
815,545
815,545
815,545
815,545
953,803
953,803
953,803
953,803
1,103,806
1,222,113
1,311,401
1,311,420
1,311,420
1,311,426
1,311,434
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
815,545
815,545
815,545
815,545
953,803
953,803
953,803
953,803
1,103,806
1,222,113
1,311,401
1,311,420
1,311,420
1,311,426
1,311,434
Stock & work in progress
Trade Debtors
162,160
178,442
175,870
363,867
188,395
174,812
175,078
176,830
165,666
55,666
55,666
Group Debtors
Misc Debtors
Cash
5,557
8,585
22,288
18,343
23,274
9,497
6,323
misc current assets
total current assets
162,160
178,442
175,870
363,867
188,395
174,812
175,078
176,830
171,223
64,251
77,954
18,343
23,274
9,497
6,323
total assets
977,705
993,987
991,415
1,179,412
1,142,198
1,128,615
1,128,881
1,130,633
1,275,029
1,286,364
1,389,355
1,329,763
1,334,694
1,320,923
1,317,757
Bank overdraft
Bank loan
Trade Creditors
373,406
358,833
347,060
505,323
485,458
467,807
469,250
469,385
566,455
521,686
562,300
483,925
476,850
467,208
407,208
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
373,406
358,833
347,060
505,323
485,458
467,807
469,250
469,385
566,455
521,686
562,300
483,925
476,850
467,208
407,208
loans
hp & lease commitments
Accruals and Deferred Income
17,200
16,000
14,800
13,600
12,400
other liabilities
292,113
322,653
334,001
344,920
368,431
393,823
418,736
444,495
572,100
692,387
787,266
810,920
833,294
843,607
885,371
provisions
total long term liabilities
292,113
322,653
334,001
362,120
384,431
408,623
432,336
456,895
572,100
692,387
787,266
810,920
833,294
843,607
885,371
total liabilities
665,519
681,486
681,061
867,443
869,889
876,430
901,586
926,280
1,138,555
1,214,073
1,349,566
1,294,845
1,310,144
1,310,815
1,292,579
net assets
312,186
312,501
310,354
311,969
272,309
252,185
227,295
204,353
136,474
72,291
39,789
34,918
24,550
10,108
25,178
total shareholders funds
312,186
312,501
310,354
311,969
272,309
252,185
227,295
204,353
136,474
72,291
39,789
34,918
24,550
10,108
25,178
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
-315
2,863
-1,615
48,963
24,844
30,728
28,323
83,918
80,193
40,550
6,064
13,361
18,921
-15,110
34,815
Depreciation
1,103,806
1,222,113
6
8
11
Amortisation
Tax
-716
-9,303
-4,720
-5,838
-5,381
-15,946
-16,046
-8,125
-1,295
-3,097
-4,561
-9,753
Stock
Debtors
-16,282
2,572
-187,997
175,472
13,583
-266
-1,752
11,164
110,000
55,666
Creditors
14,573
11,773
-158,263
19,865
17,651
-1,443
-135
-97,070
44,769
-40,614
78,375
7,075
9,642
60,000
407,208
Accruals and Deferred Income
-17,200
1,200
1,200
1,200
1,200
12,400
Deferred Taxes & Provisions
Cash flow from operations
30,540
11,348
10,919
-114,747
25,392
24,913
25,759
-27,862
1,102,722
1,213,924
27,478
17,339
24,008
44,898
432,281
Investing Activities
capital expenditure
138,258
150,003
-985,499
-1,132,825
19
-1,311,445
Change in Investments
cash flow from investments
138,258
150,003
-985,499
-1,132,825
19
-1,311,445
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-30,540
-11,348
-10,919
-23,511
-25,392
-24,913
-25,759
-127,605
-120,287
-94,879
-23,654
-22,374
-10,313
-41,764
885,371
share issue
-100
100
interest
7
35
77
102
104
82
40
16
cash flow from financing
-30,540
-11,348
-10,919
-23,511
-25,392
-24,913
-25,759
-127,698
-120,252
-94,802
-23,552
-22,270
-10,231
-41,724
885,487
cash and cash equivalents
cash
-5,557
-3,028
-13,703
3,945
-4,931
13,777
3,174
6,323
overdraft
change in cash
-5,557
-3,028
-13,703
3,945
-4,931
13,777
3,174
6,323
ricks properties ltd 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 ricks properties ltd. Get real-time insights into ricks properties ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ricks properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in IG1 area or any other competitors across 12 key performance metrics.
ricks properties ltd Ownership
RICKS PROPERTIES LTD group structure
Ricks Properties Ltd has no subsidiary companies.
Ultimate parent company
RICKS PROPERTIES LTD
03201329
RICKS PROPERTIES LTD Shareholders
The largest shareholders in Ricks Properties Ltd include Ranjit Singh Sokhi and Rakesh Kumar.
ranjit singh sokhi
50%
rakesh kumar
50%
ricks properties ltd directors
Ricks Properties Ltd currently has 2 directors.
The longest serving directors include
Mr Rakesh Kumar (Jun 1996) and
Mr Ranjit Sokhi (Mar 2012).
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68100 - Buying and selling of own real estate
incorporation date
May 1996
age
29
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
ricks builders ltd (July 1998)
jascrest limited (June 1996)
accountant
-
auditor
-
address
86b albert road, ilford, essex, IG1 1HR
Bank
-
Legal Advisor
-
ricks properties ltd 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 7 charges/mortgages relating to ricks properties ltd. Currently there are 2 open charges and 5 have been satisfied in the past.
ricks properties ltd 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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ricks properties ltdCompanies House Filings - See Documents
