witton properties limited
witton properties limited Company Information
Company Number
03455070
Next Accounts
Jun 2025
Shareholders
witton property holdings ltd
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
quadrant house, floor 6, 4 thomas more square, london, E1W 1YW
witton properties limited Estimated Valuation
Pomanda estimates the enterprise value of WITTON PROPERTIES LIMITED at £20.6m based on a Turnover of £5.5m and 3.73x industry multiple (adjusted for size and gross margin).
witton properties limited Estimated Valuation
Pomanda estimates the enterprise value of WITTON PROPERTIES LIMITED at £35.3m based on an EBITDA of £4.4m and a 8x industry multiple (adjusted for size and gross margin).
witton properties limited Estimated Valuation
Pomanda estimates the enterprise value of WITTON PROPERTIES LIMITED at £25.1m based on Net Assets of £15.9m and 1.58x industry multiple (adjusted for liquidity).
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Witton Properties Limited Overview
Witton Properties Limited is a live company located in london, E1W 1YW with a Companies House number of 03455070. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 1997, it's largest shareholder is witton property holdings ltd with a 100% stake. Witton Properties Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.5m with declining growth in recent years.
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Witton Properties Limited Health Check
Pomanda's financial health check has awarded Witton Properties Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £5.5m, make it larger than the average company (£888k)
£5.5m - Witton Properties Limited
£888k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (2.6%)
-1% - Witton Properties Limited
2.6% - Industry AVG
Production
with a gross margin of 81.4%, this company has a comparable cost of product (68.9%)
81.4% - Witton Properties Limited
68.9% - Industry AVG
Profitability
an operating margin of 80% make it more profitable than the average company (27.3%)
80% - Witton Properties Limited
27.3% - Industry AVG
Employees
with 29 employees, this is above the industry average (4)
- Witton Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Witton Properties Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £190.2k, this is equally as efficient (£193.7k)
- Witton Properties Limited
£193.7k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (25 days)
59 days - Witton Properties Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (30 days)
0 days - Witton Properties Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Witton Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Witton Properties Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85%, this is a higher level of debt than the average (64.8%)
85% - Witton Properties Limited
64.8% - Industry AVG
WITTON PROPERTIES LIMITED financials
Witton Properties Limited's latest turnover from September 2023 is £5.5 million and the company has net assets of £15.9 million. According to their latest financial statements, we estimate that Witton Properties Limited has 29 employees and maintains cash reserves of £9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,514,743 | 5,274,378 | 5,031,213 | 5,645,102 | 5,314,922 | 4,038,451 | 2,541,101 | 2,403,796 | 1,462,608 | 417,576 | 417,286 | 416,795 | 432,082 | 404,373 | 475,612 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 1,023,311 | 849,349 | 1,483,930 | 1,292,164 | 1,062,131 | 764,522 | 325,466 | 332,027 | 169,343 | 17,533 | 17,230 | 18,007 | 24,832 | 16,126 | 19,361 |
| Gross Profit | 4,491,432 | 4,425,029 | 3,547,283 | 4,352,938 | 4,252,791 | 3,273,929 | 2,215,635 | 2,071,769 | 1,293,265 | 400,043 | 400,056 | 398,788 | 407,250 | 388,247 | 456,251 |
| Admin Expenses | 81,523 | 124,854 | 132,074 | 119,560 | 92,529 | 317,410 | 1,270,171 | 70,793 | 230,096 | 7,967 | 8,253 | 9,695 | 10,034 | 8,285 | |
| Operating Profit | 4,409,909 | 4,300,175 | 3,415,209 | 4,233,378 | 4,160,262 | 2,956,519 | 945,464 | 2,000,976 | 1,063,169 | 392,076 | 390,535 | 397,555 | 378,213 | 447,966 | |
| Interest Payable | 2,130,726 | 1,358,887 | 1,273,303 | 1,412,797 | 1,470,717 | 926,665 | 529,333 | 602,871 | 381,662 | 45 | |||||
| Interest Receivable | 42,093 | 12 | 23 | 4,284 | 14,611 | 2,353 | 1,349 | 458 | 310 | 210 | |||||
| Pre-Tax Profit | -773,254 | 3,106,258 | 667,840 | -5,320,648 | 1,413,207 | 11,607,663 | 1,367,100 | 2,919,549 | 645,712 | 392,076 | 394,459 | 390,490 | 397,555 | 375,499 | 447,966 |
| Tax | 288,922 | -701,418 | 28,824 | 1,301,908 | -169,686 | -1,859,590 | -30,887 | -202,116 | 10,416 | 3,000 | 902 | -51,880 | -7,120 | -47,460 | |
| Profit After Tax | -484,332 | 2,404,840 | 696,664 | -4,018,740 | 1,243,521 | 9,748,073 | 1,336,213 | 2,717,433 | 656,128 | 392,076 | 397,459 | 391,392 | 345,675 | 368,379 | 400,506 |
| Dividends Paid | 2,500,000 | 2,000,000 | |||||||||||||
| Retained Profit | -484,332 | 2,404,840 | 696,664 | -6,518,740 | -756,479 | 9,748,073 | 1,336,213 | 2,717,433 | 656,128 | 392,076 | 397,459 | 391,392 | 345,675 | 368,379 | 400,506 |
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | ||||||||||
| EBITDA* | 4,409,909 | 4,300,175 | 3,415,209 | 4,233,378 | 4,160,262 | 2,956,519 | 945,464 | 2,000,976 | 1,063,169 | 392,076 | 390,535 | 397,555 | 378,213 | 447,966 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 33,352,000 | 30,367,000 | 3,600,000 | 3,100,000 | |||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 60,250,000 | 63,848,000 | 64,398,000 | 67,332,000 | 76,432,000 | 76,962,000 | 32,927,000 | 2,925,000 | 2,675,000 | 4,300,000 | 5,815,000 | ||||
| Debtors (Due After 1 year) | 17,885 | 363,915 | 128,075 | 206,727 | 190,156 | 108,824 | 16,242 | 251,481 | 306,614 | ||||||
| Total Fixed Assets | 60,267,885 | 64,211,915 | 64,526,075 | 67,538,727 | 76,622,156 | 77,070,824 | 32,943,242 | 33,603,481 | 30,673,614 | 3,600,000 | 3,100,000 | 2,925,000 | 2,675,000 | 4,300,000 | 5,815,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 902,049 | 1,049,684 | 1,203,657 | 1,221,498 | 634,138 | 743,858 | |||||||||
| Group Debtors | 44,648,087 | 47,468,547 | 45,062,117 | 42,556,698 | 40,175,152 | 46,061,733 | 14,777,550 | 14,617,302 | 18,796,134 | 3,467,882 | 3,038,442 | 2,458,213 | 1,981,614 | 1,647,833 | 140,868 |
| Misc Debtors | 382,353 | 459,725 | 416,812 | 385,830 | 255,353 | 115,795 | 257,084 | 353,912 | 122,097 | 4,374 | 4,363 | 124,364 | 124,175 | 3,810 | 22,813 |
| Cash | 9,034 | 144,572 | 38,577 | 89,957 | 18,835 | 40,499 | 168,950 | 182,638 | 85,875 | 17,162 | 12,803 | 629 | 1,900 | 7,385 | 130,700 |
| misc current assets | |||||||||||||||
| total current assets | 45,941,523 | 49,122,528 | 46,721,163 | 44,253,983 | 41,083,478 | 46,961,885 | 15,203,584 | 15,153,852 | 19,004,106 | 3,489,418 | 3,055,608 | 2,583,206 | 2,107,689 | 1,659,028 | 294,381 |
| total assets | 106,209,408 | 113,334,443 | 111,247,238 | 111,792,710 | 117,705,634 | 124,032,709 | 48,146,826 | 48,757,333 | 49,677,720 | 7,089,418 | 6,155,608 | 5,508,206 | 4,782,689 | 5,959,028 | 6,109,381 |
| Bank overdraft | 767,540 | 727,469 | 688,374 | 688,374 | 705,328 | 725,237 | 14,862,865 | 217,862 | 217,713 | ||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,390 | 26,104 | 8,081 | 24,265 | 34,299 | 30,195 | 18,520 | 15,182 | 6,313 | 88 | 88 | 3,274 | |||
| Group/Directors Accounts | 53,394,122 | 52,499,991 | 51,593,766 | 50,962,496 | 47,802,817 | 53,860,309 | 20,754,071 | 20,481,866 | 24,451,138 | 605,327 | 519,539 | 437,130 | 354,252 | 278,976 | 750,791 |
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,980,456 | 2,805,910 | 3,012,719 | 2,848,120 | 2,909,160 | 2,509,779 | 1,317,613 | 1,285,124 | 1,127,116 | 130,127 | 174,181 | 178,461 | 180,488 | 152,778 | 199,695 |
| total current liabilities | 57,143,508 | 56,059,474 | 55,302,940 | 54,523,255 | 51,451,604 | 57,125,520 | 36,953,069 | 22,000,034 | 25,802,280 | 735,542 | 693,808 | 618,865 | 534,740 | 431,754 | 950,486 |
| loans | 32,536,464 | 39,834,269 | 40,962,875 | 42,761,867 | 43,937,147 | 44,081,198 | 16,641,240 | 16,613,797 | |||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 586,507 | 1,013,439 | 959,002 | 1,181,831 | 2,472,386 | 2,225,015 | 340,854 | 599,369 | 462,386 | ||||||
| total long term liabilities | 33,122,971 | 40,847,708 | 41,921,877 | 43,943,698 | 46,409,533 | 46,306,213 | 340,854 | 17,240,609 | 17,076,183 | ||||||
| total liabilities | 90,266,479 | 96,907,182 | 97,224,817 | 98,466,953 | 97,861,137 | 103,431,733 | 37,293,923 | 39,240,643 | 42,878,463 | 735,542 | 693,808 | 618,865 | 534,740 | 431,754 | 950,486 |
| net assets | 15,942,929 | 16,427,261 | 14,022,421 | 13,325,757 | 19,844,497 | 20,600,976 | 10,852,903 | 9,516,690 | 6,799,257 | 6,353,876 | 5,461,800 | 4,889,341 | 4,247,949 | 5,527,274 | 5,158,895 |
| total shareholders funds | 15,942,929 | 16,427,261 | 14,022,421 | 13,325,757 | 19,844,497 | 20,600,976 | 10,852,903 | 9,516,690 | 6,799,257 | 6,353,876 | 5,461,800 | 4,889,341 | 4,247,949 | 5,527,274 | 5,158,895 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,409,909 | 4,300,175 | 3,415,209 | 4,233,378 | 4,160,262 | 2,956,519 | 945,464 | 2,000,976 | 1,063,169 | 392,076 | 390,535 | 397,555 | 378,213 | 447,966 | |
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | 288,922 | -701,418 | 28,824 | 1,301,908 | -169,686 | -1,859,590 | -30,887 | -202,116 | 10,416 | 3,000 | 902 | -51,880 | -7,120 | -47,460 | |
| Stock | |||||||||||||||
| Debtors | -3,391,497 | 2,531,210 | 2,439,908 | 3,115,954 | -5,775,411 | 31,979,334 | -171,819 | -4,002,150 | 15,752,589 | 429,451 | 460,228 | 476,788 | 454,146 | 1,487,962 | 163,681 |
| Creditors | -24,714 | 18,023 | -16,184 | -10,034 | 4,104 | 11,675 | 3,338 | 8,869 | 6,225 | -3,186 | 3,274 | ||||
| Accruals and Deferred Income | 174,546 | -206,809 | 164,599 | -61,040 | 399,381 | 1,192,166 | 32,489 | 158,008 | 996,989 | -44,054 | -4,280 | -2,027 | 27,710 | -46,917 | 199,695 |
| Deferred Taxes & Provisions | -426,932 | 54,437 | -222,829 | -1,290,555 | 247,371 | 1,884,161 | -258,515 | 136,983 | 462,386 | ||||||
| Cash flow from operations | 7,813,228 | 933,198 | 929,711 | 1,057,703 | 10,416,843 | -27,794,403 | 6,104,870 | -13,213,404 | -81,429 | -84,104 | -80,761 | -1,163,786 | 436,520 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -3,598,000 | -550,000 | -2,934,000 | -9,100,000 | -530,000 | 44,035,000 | 32,927,000 | -2,925,000 | 250,000 | -1,625,000 | -1,515,000 | 5,815,000 | |||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 894,131 | 906,225 | 631,270 | 3,159,679 | -6,057,492 | 33,106,238 | 272,205 | -3,969,272 | 23,845,811 | 85,788 | 82,409 | 82,878 | 75,276 | -471,815 | 750,791 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | -7,297,805 | -1,128,606 | -1,798,992 | -1,175,280 | -144,051 | 44,081,198 | -16,641,240 | 27,443 | 16,613,797 | ||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -2,088,633 | -1,358,875 | -1,273,280 | -1,408,513 | -1,456,106 | -924,312 | -527,984 | -602,413 | -381,352 | -45 | 210 | ||||
| cash flow from financing | -8,492,307 | -1,581,256 | -2,441,002 | 575,886 | -7,657,649 | 76,263,124 | -16,897,019 | -4,544,242 | 39,867,509 | 585,788 | 257,409 | 332,833 | -1,549,724 | -471,605 | 5,509,180 |
| cash and cash equivalents | |||||||||||||||
| cash | -135,538 | 105,995 | -51,380 | 71,122 | -21,664 | -128,451 | -13,688 | 96,763 | 68,713 | 4,359 | 12,174 | -1,271 | -5,485 | -123,315 | 130,700 |
| overdraft | 40,071 | 39,095 | -16,954 | -19,909 | -14,137,628 | 14,645,003 | 149 | 217,713 | |||||||
| change in cash | -175,609 | 66,900 | -51,380 | 88,076 | -1,755 | 14,009,177 | -14,658,691 | 96,614 | -149,000 | 4,359 | 12,174 | -1,271 | -5,485 | -123,315 | 130,700 |
witton properties limited Credit Report and Business Information
Witton Properties Limited Competitor Analysis
Perform a competitor analysis for witton properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in E1W area or any other competitors across 12 key performance metrics.
witton properties limited Ownership
WITTON PROPERTIES LIMITED group structure
Witton Properties Limited has no subsidiary companies.
Ultimate parent company
2 parents
WITTON PROPERTIES LIMITED
03455070
witton properties limited directors
Witton Properties Limited currently has 6 directors. The longest serving directors include Mr Michael Goldberger (Nov 2005) and Mr David Pearlman (Nov 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Goldberger | 69 years | Nov 2005 | - | Director | |
| Mr David Pearlman | 79 years | Nov 2005 | - | Director | |
| Mr Howard Pearlman | 49 years | Aug 2017 | - | Director | |
| Mr Andrew Bliss | 43 years | Dec 2023 | - | Director | |
| Mr James Thomson | 53 years | Dec 2023 | - | Director | |
| Mr William Tuffy | 62 years | Dec 2023 | - | Director |
P&L
September 2023turnover
5.5m
+5%
operating profit
4.4m
+3%
gross margin
81.5%
-2.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
15.9m
-0.03%
total assets
106.2m
-0.06%
cash
9k
-0.94%
net assets
Total assets minus all liabilities
witton properties limited company details
company number
03455070
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
October 1997
age
28
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
pinco 985 limited (December 1997)
accountant
-
auditor
UHY HACKER YOUNG
address
quadrant house, floor 6, 4 thomas more square, london, E1W 1YW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
witton 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 18 charges/mortgages relating to witton properties limited. Currently there are 10 open charges and 8 have been satisfied in the past.
witton 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.
Click to start generating capital raising & share issue transactions for WITTON PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.
witton properties limited Companies House Filings - See Documents
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