fordwater properties limited

2

fordwater properties limited Company Information

Share FORDWATER PROPERTIES LIMITED
Live 
MatureDeclining

Company Number

03247759

Registered Address

timpson house claverton road, roundthorn industrial estate, manchester, M23 9TT

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

-

Next Accounts Due

June 2025

Group Structure

View All

Directors

John Timpson10 Years

Paresh Majithia10 Years

Shareholders

goldcrest properties ltd 100%

fordwater properties limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FORDWATER PROPERTIES LIMITED at £0 based on a Turnover of £0 and 3.15x industry multiple (adjusted for size and gross margin).

fordwater properties limited Estimated Valuation

£136.6k

Pomanda estimates the enterprise value of FORDWATER PROPERTIES LIMITED at £136.6k based on an EBITDA of £19k and a 7.19x industry multiple (adjusted for size and gross margin).

fordwater properties limited Estimated Valuation

£191.1k

Pomanda estimates the enterprise value of FORDWATER PROPERTIES LIMITED at £191.1k based on Net Assets of £117.9k and 1.62x industry multiple (adjusted for liquidity).

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Fordwater Properties Limited Overview

Fordwater Properties Limited is a live company located in manchester, M23 9TT with a Companies House number of 03247759. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 1996, it's largest shareholder is goldcrest properties ltd with a 100% stake. Fordwater Properties Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.

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Fordwater Properties Limited Health Check

Pomanda's financial health check has awarded Fordwater Properties Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Fordwater Properties Limited

- - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (2.8%)

- - Fordwater Properties Limited

- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

- - Fordwater Properties Limited

- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Fordwater Properties Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

- - Fordwater Properties Limited

- - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)

- - Fordwater Properties Limited

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

- - Fordwater Properties Limited

- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Fordwater Properties Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Fordwater Properties Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fordwater Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (13 weeks)

- - Fordwater Properties Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 68.9%, this is a similar level of debt than the average (68.4%)

- - Fordwater Properties Limited

- - Industry AVG

FORDWATER PROPERTIES LIMITED financials

EXPORTms excel logo

Fordwater Properties Limited's latest turnover from September 2023 is 0 and the company has net assets of £117.9 thousand. According to their latest financial statements, we estimate that Fordwater Properties Limited has 1 employee and maintains cash reserves of £146.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Oct 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Oct 2016Sep 2015Sep 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover049,55770,26690,32596,141173,263174,659222,219240,920361,531997,3282,188,3772,021,0081,281,080
Other Income Or Grants00000000000000
Cost Of Sales022,50067,23360,51061,371156,298158,123201,739224,027334,801706,4501,553,7501,419,623878,755
Gross Profit027,0573,03329,81534,77016,96516,53620,48016,89326,730290,877634,627601,385402,325
Admin Expenses-18,997-25,60721,906-33,654-70,362-66,519-66,414-72,111-80,173-108,646273,356646,831613,326420,625
Operating Profit18,99752,664-18,87363,469105,13283,48482,95092,59197,066135,37617,521-12,204-11,941-18,300
Interest Payable000002,3660712504,995000
Interest Receivable878154332,0721,64751196000184185204111
Pre-Tax Profit19,87552,818-18,84065,541106,77981,16983,14692,66697,041135,37612,711-12,019-11,737-18,189
Tax-4,368-6,4600-12,453-20,288-15,414-16,166-38,108-2,0900-3,051000
Profit After Tax15,50746,358-18,84053,08886,49165,75566,98054,55894,951135,3769,660-12,019-11,737-18,189
Dividends Paid0200,000250,00000000000000
Retained Profit15,507-153,642-268,84053,08886,49165,75566,98054,55894,951135,3769,660-12,019-11,737-18,189
Employee Costs31,91330,13128,40127,706027,26525,85526,00026,38325,32171,650167,077162,77097,381
Number Of Employees11111111113774
EBITDA*18,99752,664-18,87363,469105,13283,48482,95092,59197,066135,37617,521-12,204-11,941-18,300

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Oct 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Oct 2016Sep 2015Sep 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets00000000000000
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets00000000000000
Stock & work in progress00000000000000
Trade Debtors75,72999,37136,26116,421168,702281,735190,718113,6920193,290227,851483,274468,393292,720
Group Debtors142,552122,002160,215180,26987,8980040,00040,00030,000261,577000
Misc Debtors14,09617,84413,43467,848125,81617,7326,52741,8853,2792,39668,671000
Cash146,301146,955314,160596,811611,126619,350354,639362,006532,600444,37436,86036,81037,31044,416
misc current assets0000005,68504,57100000
total current assets378,678386,172524,070861,349993,542918,817557,569557,583580,450670,060594,959520,084505,703337,136
total assets378,678386,172524,070861,349993,542918,817557,569557,583580,450670,060594,959520,084505,703337,136
Bank overdraft00000382,7740000153,683000
Bank loan00000000000000
Trade Creditors 9173,06951,63480,475174,87057701,94402,56597,696562,027535,627355,323
Group/Directors Accounts81,26788,22652,63052,630277,949074,527122,20613,518333,07367,856000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities178,553192,443163,730203,32868,895150,129163,460180,831368,888231,329308,007000
total current liabilities260,737283,738267,994336,433521,714533,480237,987304,981382,406566,967627,242562,027535,627355,323
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00000000000000
total liabilities260,737283,738267,994336,433521,714533,480237,987304,981382,406566,967627,242562,027535,627355,323
net assets117,941102,434256,076524,916471,828385,337319,582252,602198,044103,093-32,283-41,943-29,924-18,187
total shareholders funds117,941102,434256,076524,916471,828385,337319,582252,602198,044103,093-32,283-41,943-29,924-18,187
Sep 2023Oct 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Oct 2016Sep 2015Sep 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit18,99752,664-18,87363,469105,13283,48482,95092,59197,066135,37617,521-12,204-11,941-18,300
Depreciation00000000000000
Amortisation00000000000000
Tax-4,368-6,4600-12,453-20,288-15,414-16,166-38,108-2,0900-3,051000
Stock00000000000000
Debtors-6,84029,307-54,628-117,87882,949102,2221,668152,298-182,407-332,41374,82514,881175,673292,720
Creditors-2,152-48,565-28,841-94,395174,293577-1,9441,944-2,565-95,131-464,33126,400180,304355,323
Accruals and Deferred Income-13,89028,713-39,598134,433-81,234-13,331-17,371-188,057137,559-76,678308,007000
Deferred Taxes & Provisions00000000000000
Cash flow from operations5,427-2,955-32,684208,93294,954-46,90645,801-283,928412,377295,980-216,679-685-7,31044,303
Investing Activities
capital expenditure00000000000000
Change in Investments00000000000000
cash flow from investments00000000000000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts-6,95935,5960-225,319277,949-74,527-47,679108,688-319,555265,21767,856000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue00000000000002
interest878154332,0721,647-2,315196-71-250-4,811185204111
cash flow from financing-6,08135,75033-223,247279,596-76,842-47,483108,617-319,580265,21763,045185204113
cash and cash equivalents
cash-654-167,205-282,651-14,315-8,224264,711-7,367-170,59488,226407,51450-500-7,10644,416
overdraft0000-382,774382,774000-153,683153,683000
change in cash-654-167,205-282,651-14,315374,550-118,063-7,367-170,59488,226561,197-153,633-500-7,10644,416

fordwater 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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Fordwater Properties Limited Competitor Analysis

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Perform a competitor analysis for fordwater properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mature companies, companies in M23 area or any other competitors across 12 key performance metrics.

fordwater properties limited Ownership

FORDWATER PROPERTIES LIMITED group structure

Fordwater Properties Limited has no subsidiary companies.

Ultimate parent company

2 parents

FORDWATER PROPERTIES LIMITED

03247759

FORDWATER PROPERTIES LIMITED Shareholders

goldcrest properties ltd 100%

fordwater properties limited directors

Fordwater Properties Limited currently has 2 directors. The longest serving directors include Mr John Timpson (Feb 2014) and Mr Paresh Majithia (Feb 2014).

officercountryagestartendrole
Mr John Timpson81 years Feb 2014- Director
Mr Paresh MajithiaEngland57 years Feb 2014- Director

P&L

September 2023

turnover

0

-100%

operating profit

19k

-64%

gross margin

0%

0%

turnover

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

Balance Sheet

September 2023

net assets

117.9k

+0.15%

total assets

378.7k

-0.02%

cash

146.3k

0%

net assets

Total assets minus all liabilities

fordwater properties limited company details

company number

03247759

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

September 1996

age

28

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

timpson house claverton road, roundthorn industrial estate, manchester, M23 9TT

Bank

-

Legal Advisor

-

fordwater 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 4 charges/mortgages relating to fordwater properties limited. Currently there are 4 open charges and 0 have been satisfied in the past.

charges

fordwater properties limited Companies House Filings - See Documents

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