Rem Properties Ltd.

POWER SEARCH PRICING

SOLUTIONS

rem properties ltd. Company Information

Live

MatureSmallRapid

Company Number

03205469

Next Accounts

Jul 2025

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

Directors

Robert McGowan

Elaine McGowan

Shareholders

r mcgowan ltd

Group Structure

View All

Contact

Registered Address

unit c7 harlow business centre, lovet road, harlow, essex, CM19 5AF

Website

http://harlowbusinesscentre.co.uk

rem properties ltd. Estimated Valuation

£5.8m

Pomanda estimates the enterprise value of REM PROPERTIES LTD. at £5.8m based on Net Assets of £3.4m and 1.74x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Rem Properties Ltd. is a live company located in harlow, CM19 5AF with a Companies House number of 03205469. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 1996, it's largest shareholder is r mcgowan ltd with a 100% stake. Rem Properties Ltd. is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Rem Properties Ltd. a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

6 Strong

2 Regular

3 Weak

Size

annual sales of £1.3m, make it larger than the average company (£847k)

Growth

3 year (CAGR) sales growth of 124%, show it is growing at a faster rate (2.9%)

EXPORT

Rem Properties Ltd.'s latest turnover from October 2023 is estimated at £1.3 million and the company has net assets of £3.4 million. According to their latest financial statements, Rem Properties Ltd. has 3 employees and maintains cash reserves of £171.7 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Turnover	1,307,737	144,467	138,259	116,097	127,880	102,272	82,613	305,136	72,647	149,252	68,861	126,133	143,635	90,723	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	926,243	103,705	101,032	82,518	90,238	71,430	56,393	204,301	51,341	108,362	51,044	92,835	104,863	63,514	0
Gross Profit	381,495	40,762	37,228	33,579	37,642	30,843	26,219	100,835	21,306	40,890	17,817	33,298	38,773	27,209	0
Admin Expenses	18,942	-332,612	-304,741	-371,412	746,331	-287,473	-184,279	-176,971	-186,155	-101,418	1,657,520	-177,512	-104,231	-113,998	-1,877,075
Operating Profit	362,553	373,374	341,969	404,991	-708,689	318,316	210,498	277,806	207,461	142,308	-1,639,703	210,810	143,004	141,207	1,877,075
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	20,485	11,715	326	132	2,898	4,490	959	663	995	763	450	301	712	811	294
Pre-Tax Profit	383,039	385,089	342,295	405,122	-705,791	322,806	211,457	278,469	208,456	143,071	-1,639,253	211,112	143,716	142,018	1,877,369
Tax	-95,760	-73,167	-65,036	-76,973	0	-61,333	-40,177	-55,694	-41,691	-30,045	0	-50,667	-37,366	-39,765	-525,663
Profit After Tax	287,279	311,922	277,259	328,149	-705,791	261,473	171,280	222,775	166,765	113,026	-1,639,253	160,445	106,350	102,253	1,351,706
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	287,279	311,922	277,259	328,149	-705,791	261,473	171,280	222,775	166,765	113,026	-1,639,253	160,445	106,350	102,253	1,351,706
Employee Costs	95,478	90,488	83,786	82,183	84,329	80,511	76,941	26,000	26,250	25,034	24,000	24,409	23,716	24,156	0
Number Of Employees	3	3	3	3	3	3	3	1	1	1	1	1	1	1	0
EBITDA*	362,574	373,405	342,017	405,063	-708,581	318,478	210,740	277,956	207,687	142,646	-1,636,776	233,689	171,387	169,773	1,905,443

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Tangible Assets	4,300,043	4,300,064	3,800,095	3,800,143	3,050,215	3,050,323	3,050,485	3,050,727	3,050,451	3,050,677	3,051,015	3,053,193	3,076,072	3,104,455	3,132,076
Intangible Assets	0	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	0	0	129,819	29,915
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	4,300,043	4,300,064	3,800,095	3,800,143	3,050,215	3,050,323	3,050,485	3,050,727	3,050,451	3,050,677	3,051,015	3,053,193	3,076,072	3,234,274	3,161,991
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	485,683	1,460	4,888	2,900	3,347	6,050	1,096	63,325	5,732	23,007	4,379	10,148	13,060	6,715	6,894
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	171,732	608,663	432,649	219,955	43,315	729,475	467,786	299,445	230,638	167,536	137,632	42,549	78,015	206,728	117,679
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	657,415	610,123	437,537	222,855	46,662	735,525	468,882	362,770	236,370	190,543	142,011	52,697	91,075	213,443	124,573
total assets	4,957,458	4,910,187	4,237,632	4,022,998	3,096,877	3,785,848	3,519,367	3,413,497	3,286,821	3,241,220	3,193,026	3,105,890	3,167,147	3,447,717	3,286,564
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	238,450	379,357	345,260	208,288	236,356	172,870	168,902	158,161	142,206	135,197	141,970	257,521	277,733	255,031	237,016
Group/Directors Accounts	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	238,450	379,357	345,260	208,288	236,356	172,870	168,902	158,161	142,206	135,197	141,970	257,521	277,733	255,031	237,016
loans	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	1,229,538	1,328,498	1,502,104	1,701,701	1,825,661	1,872,327	1,871,287	1,947,438	2,059,492	2,187,665	2,245,724	403,784	605,274	1,011,764	967,155
provisions	128,899	129,040	0	0	0	0	0	0	0	0	0	0	0	3,132	6,856
total long term liabilities	1,358,437	1,457,538	1,502,104	1,701,701	1,825,661	1,872,327	1,871,287	1,947,438	2,059,492	2,187,665	2,245,724	403,784	605,274	1,014,896	974,011
total liabilities	1,596,887	1,836,895	1,847,364	1,909,989	2,062,017	2,045,197	2,040,189	2,105,599	2,201,698	2,322,862	2,387,694	661,305	883,007	1,269,927	1,211,027
net assets	3,360,571	3,073,292	2,390,268	2,113,009	1,034,860	1,740,651	1,479,178	1,307,898	1,085,123	918,358	805,332	2,444,585	2,284,140	2,177,790	2,075,537
total shareholders funds	3,360,571	3,073,292	2,390,268	2,113,009	1,034,860	1,740,651	1,479,178	1,307,898	1,085,123	918,358	805,332	2,444,585	2,284,140	2,177,790	2,075,537

	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Operating Activities
Operating Profit	362,553	373,374	341,969	404,991	-708,689	318,316	210,498	277,806	207,461	142,308	-1,639,703	210,810	143,004	141,207	1,877,075
Depreciation	21	31	48	72	108	162	242	150	226	338	2,927	22,879	28,383	28,566	28,368
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-95,760	-73,167	-65,036	-76,973	0	-61,333	-40,177	-55,694	-41,691	-30,045	0	-50,667	-37,366	-39,765	-525,663
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	484,223	-3,428	1,988	-447	-2,703	4,954	-62,229	57,593	-17,275	18,628	-5,769	-2,912	6,345	-179	6,894
Creditors	-140,907	34,097	136,972	-28,068	63,486	3,968	10,741	15,955	7,009	-6,773	-115,551	-20,212	22,702	18,015	237,016
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	-141	129,040	0	0	0	0	0	0	0	0	0	0	-3,132	-3,724	6,856
Cash flow from operations	-358,457	466,803	411,965	300,469	-642,392	256,159	243,533	180,624	190,280	87,200	-1,746,558	165,722	147,246	144,478	1,616,758
Investing Activities
capital expenditure	0	-500,000	0	-750,000	0	0	0	-426	0	0	-749	0	0	-945	-3,160,444
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	-129,819	99,904	29,915
cash flow from investments	0	-500,000	0	-750,000	0	0	0	-426	0	0	-749	0	129,819	-100,849	-3,190,359
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	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	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-98,960	-173,606	-199,597	-123,960	-46,666	1,040	-76,151	-112,054	-128,173	-58,059	1,841,940	-201,490	-406,490	44,609	967,155
share issue	0	371,102	0	750,000	0	0	0	0	0	0	0	0	0	0	723,831
interest	20,485	11,715	326	132	2,898	4,490	959	663	995	763	450	301	712	811	294
cash flow from financing	-78,475	209,211	-199,271	626,172	-43,768	5,530	-75,192	-111,391	-127,178	-57,296	1,842,390	-201,189	-405,778	45,420	1,691,280
cash and cash equivalents
cash	-436,931	176,014	212,694	176,640	-686,160	261,689	168,341	68,807	63,102	29,904	95,083	-35,466	-128,713	89,049	117,679
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-436,931	176,014	212,694	176,640	-686,160	261,689	168,341	68,807	63,102	29,904	95,083	-35,466	-128,713	89,049	117,679

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for rem properties ltd.. Get real-time insights into rem properties ltd.'s credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for rem properties ltd. by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in CM19 area or any other competitors across 12 key performance metrics.

REM PROPERTIES LTD. group structure

Rem Properties Ltd. has no subsidiary companies.

Ultimate parent company

R. MCGOWAN LIMITED

02132223

1 parent

REM PROPERTIES LTD.

03205469

REM PROPERTIES LTD. Shareholders

r mcgowan ltd

100%

Rem Properties Ltd. currently has 2 directors. The longest serving directors include Mr Robert McGowan (May 1996) and Ms Elaine McGowan (May 2001).

officer	country	age	start	end	role
Mr Robert McGowan		66 years	May 1996	-	Director
Ms Elaine McGowan	England	63 years	May 2001	-	Director

P&L

October 2023

turnover

1.3m

+805%

operating profit

362.6k

gross margin

29.2%

+3.39%

turnover

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

Balance Sheet

October 2023

net assets

3.4m

+0.09%

total assets

+0.01%

cash

171.7k

-0.72%

net assets

Total assets minus all liabilities

Similar Companies

all saints residents (tytherton road) limited

0.5

bridges court residents association limited

jaydee properties limited

1.5

ozan osman properties limited

orange rooms letting ltd

company number

03205469

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

May 1996

ultimate parent company

R. MCGOWAN LIMITED

previous names

N/A

address

unit c7 harlow business centre, lovet road, harlow, essex, CM19 5AF

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 4 charges/mortgages relating to rem properties ltd.. Currently there are 2 open charges and 2 have been satisfied in the past.

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 REM PROPERTIES LTD.. This can take several minutes, an email will notify you when this has completed.

rem properties ltd. Company Information

rem properties ltd. Estimated Valuation

rem properties ltd. Estimated Valuation

rem properties ltd. Estimated Valuation

Rem Properties Ltd. Overview

Rem Properties Ltd. Health Check

REM PROPERTIES LTD. financials

rem properties ltd. Credit Report and Business Information

Rem Properties Ltd. Competitor Analysis

rem properties ltd. Ownership

rem properties ltd. directors

rem properties ltd. company details

rem properties ltd. Charges & Mortgages

rem properties ltd. Capital Raised & Share Issues BETA

rem properties ltd. Companies House Filings - See Documents