cornforth properties ltd.

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cornforth properties ltd. Company Information

Share CORNFORTH PROPERTIES LTD.

Company Number

03311640

Shareholders

thomas william cornforth

Group Structure

View All

Industry

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

 

Registered Address

7 stamford square, ashton under lyne, lancashire, OL6 6QU

Website

-

cornforth properties ltd. Estimated Valuation

£14.6k

Pomanda estimates the enterprise value of CORNFORTH PROPERTIES LTD. at £14.6k based on a Turnover of £5.5k and 2.67x industry multiple (adjusted for size and gross margin).

cornforth properties ltd. Estimated Valuation

£0

Pomanda estimates the enterprise value of CORNFORTH PROPERTIES LTD. at £0 based on an EBITDA of £-4k and a 5.2x industry multiple (adjusted for size and gross margin).

cornforth properties ltd. Estimated Valuation

£215.1k

Pomanda estimates the enterprise value of CORNFORTH PROPERTIES LTD. at £215.1k based on Net Assets of £127.8k and 1.68x industry multiple (adjusted for liquidity).

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Cornforth Properties Ltd. Overview

Cornforth Properties Ltd. is a live company located in lancashire, OL6 6QU with a Companies House number of 03311640. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 1997, it's largest shareholder is thomas william cornforth with a 100% stake. Cornforth Properties Ltd. is a mature, micro sized company, Pomanda has estimated its turnover at £5.5k with declining growth in recent years.

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Cornforth Properties Ltd. Health Check

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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £5.5k, make it smaller than the average company (£587.2k)

£5.5k - Cornforth Properties Ltd.

£587.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -39%, show it is growing at a slower rate (5.4%)

-39% - Cornforth Properties Ltd.

5.4% - Industry AVG

production

Production

with a gross margin of 48.5%, this company has a higher cost of product (80.9%)

48.5% - Cornforth Properties Ltd.

80.9% - Industry AVG

profitability

Profitability

an operating margin of -73.2% make it less profitable than the average company (43%)

-73.2% - Cornforth Properties Ltd.

43% - Industry AVG

employees

Employees

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

1 - Cornforth Properties Ltd.

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)

£32.1k - Cornforth Properties Ltd.

£32.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £5.5k, this is less efficient (£147.3k)

£5.5k - Cornforth Properties Ltd.

£147.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Cornforth Properties Ltd.

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1231 days, this is slower than average (44 days)

1231 days - Cornforth Properties Ltd.

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Cornforth Properties Ltd.

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 439 weeks, this is more cash available to meet short term requirements (15 weeks)

439 weeks - Cornforth Properties Ltd.

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 6.9%, this is a lower level of debt than the average (55.7%)

6.9% - Cornforth Properties Ltd.

55.7% - Industry AVG

CORNFORTH PROPERTIES LTD. financials

EXPORTms excel logo

Cornforth Properties Ltd.'s latest turnover from February 2025 is estimated at £5.5 thousand and the company has net assets of £127.8 thousand. According to their latest financial statements, we estimate that Cornforth Properties Ltd. has 1 employee and maintains cash reserves of £80.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2025Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover5,4705,11323,77014,56512,3449,435127,288209,83712,40110,81428,94529,2665,1794,93710,674
Other Income Or Grants
Cost Of Sales2,8193,66417,12210,4128,9356,67989,334140,5038,7767,82821,10521,7723,8083,5728,018
Gross Profit2,6511,4496,6484,1533,4092,75637,95469,3343,6252,9867,8407,4941,3711,3642,657
Admin Expenses6,658-28,609-6,844-9,828-12,57615,0284,251105,36619,081-153-16,42214,34114,6037,752-19,069-49,159
Operating Profit-4,00728,6098,29316,47616,729-11,619-1,495-67,41250,2533,77819,408-6,501-7,109-6,38120,43351,816
Interest Payable
Interest Receivable3,4092,8552,2782563119911980303288305288270257113
Pre-Tax Profit-59831,46410,57216,73216,760-11,420-1,376-67,41250,3334,08119,696-6,196-6,821-6,11120,69051,929
Tax-7,866-2,009-3,179-3,184-10,066-816-4,136-5,793-14,540
Profit After Tax-59823,5988,56313,55313,576-11,420-1,376-67,41240,2663,26515,560-6,196-6,821-6,11114,89737,389
Dividends Paid
Retained Profit-59823,5988,56313,55313,576-11,420-1,376-67,41240,2663,26515,560-6,196-6,821-6,11114,89737,389
Employee Costs32,05730,96629,87426,96828,29127,38326,44825,82426,60026,00024,75024,00023,90423,32225,312
Number Of Employees111111111111111
EBITDA*-4,00728,6098,29316,47616,729-11,619-1,495-67,41250,2533,77819,408-6,501-7,109-6,38120,43351,816

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2025Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets57,00057,00057,00057,00057,00057,00057,00057,00057,000
Intangible Assets
Investments & Other57,00057,00057,00057,00057,00057,00057,000
Debtors (Due After 1 year)
Total Fixed Assets57,00057,00057,00057,00057,00057,00057,00057,00057,00057,00057,00057,00057,00057,00057,00057,000
Stock & work in progress
Trade Debtors32,68647,643
Group Debtors
Misc Debtors
Cash80,34456,00752,74261,17541,18121,18131,78663,72557,66757,59164,58650,76357,34345,386
misc current assets15,424
total current assets80,34471,43152,74261,17541,18121,18131,78632,68647,64363,72557,66757,59164,58650,76357,34345,386
total assets137,344128,431109,742118,17598,18178,18188,78689,686104,643120,725114,667114,591121,586107,763114,343102,386
Bank overdraft
Bank loan
Trade Creditors 9,5114,90921,90515,4649,0408,2257,74912,39411,6428,84924,33325,1324,4884,9577,897
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities9,5114,90921,90515,4649,0408,2257,74912,39411,6428,84924,33325,1324,4884,9577,897
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities9,5114,90921,90515,4649,0408,2257,74912,39411,6428,84924,33325,1324,4884,9577,897
net assets127,833128,431104,83396,27082,71769,14180,56181,93792,249109,083105,81890,25896,454103,275109,38694,489
total shareholders funds127,833128,431104,83396,27082,71769,14180,56181,93792,249109,083105,81890,25896,454103,275109,38694,489
Feb 2025Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-4,00728,6098,29316,47616,729-11,619-1,495-67,41250,2533,77819,408-6,501-7,109-6,38120,43351,816
Depreciation
Amortisation
Tax-7,866-2,009-3,179-3,184-10,066-816-4,136-5,793-14,540
Stock
Debtors-32,686-14,95747,643
Creditors9,511-4,909-16,9966,4416,424815476-4,6457522,793-15,484-79920,644-469-2,9407,897
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations5,50415,834-10,71219,73819,969-10,80431,667-57,100-6,7045,755-212-7,30013,535-6,85011,70045,173
Investing Activities
capital expenditure57,000-57,000
Change in Investments57,000
cash flow from investments-57,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue57,100-57,10057,100
interest3,4092,8552,2782563119911980303288305288270257113
cash flow from financing3,4092,8552,2782563119911957,100-57,02030328830528827025757,213
cash and cash equivalents
cash24,3373,265-8,43319,99420,000-10,60531,786-63,7256,05876-6,99513,823-6,58011,95745,386
overdraft
change in cash24,3373,265-8,43319,99420,000-10,60531,786-63,7256,05876-6,99513,823-6,58011,95745,386

cornforth properties ltd. 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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Cornforth Properties Ltd. Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for cornforth properties ltd. by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in OL6 area or any other competitors across 12 key performance metrics.

cornforth properties ltd. Ownership

CORNFORTH PROPERTIES LTD. group structure

Cornforth Properties Ltd. has no subsidiary companies.

Ultimate parent company

CORNFORTH PROPERTIES LTD.

03311640

CORNFORTH PROPERTIES LTD. Shareholders

thomas william cornforth 100%

cornforth properties ltd. directors

Cornforth Properties Ltd. currently has 1 director, Mr Thomas Cornforth serving since Aug 2024.

officercountryagestartendrole
Mr Thomas Cornforth59 years Aug 2024- Director

P&L

February 2025

turnover

5.5k

0%

operating profit

-4k

0%

gross margin

48.5%

0%

turnover

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

Balance Sheet

February 2025

net assets

127.8k

0%

total assets

137.3k

+0.07%

cash

80.3k

+0.43%

net assets

Total assets minus all liabilities

cornforth properties ltd. company details

company number

03311640

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

February 1997

age

28

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2025

previous names

N/A

accountant

-

auditor

-

address

7 stamford square, ashton under lyne, lancashire, OL6 6QU

Bank

-

Legal Advisor

-

cornforth 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 did not find charges/mortgages relating to cornforth properties ltd..

cornforth 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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cornforth properties ltd. Companies House Filings - See Documents

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