ideal properties (uk) limited

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ideal properties (uk) limited Company Information

Share IDEAL PROPERTIES (UK) LIMITED

Company Number

03628799

Shareholders

nusrat nasar

mr mohammed nasar

Group Structure

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Industry

Management of real estate on a fee or contract basis

 

Registered Address

121 dunstable road, luton, beds, LU1 1BW

ideal properties (uk) limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of IDEAL PROPERTIES (UK) LIMITED at £1.5m based on a Turnover of £543.9k and 2.85x industry multiple (adjusted for size and gross margin).

ideal properties (uk) limited Estimated Valuation

£696.5k

Pomanda estimates the enterprise value of IDEAL PROPERTIES (UK) LIMITED at £696.5k based on an EBITDA of £84.1k and a 8.28x industry multiple (adjusted for size and gross margin).

ideal properties (uk) limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of IDEAL PROPERTIES (UK) LIMITED at £1.8m based on Net Assets of £1m and 1.8x industry multiple (adjusted for liquidity).

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Ideal Properties (uk) Limited Overview

Ideal Properties (uk) Limited is a live company located in beds, LU1 1BW with a Companies House number of 03628799. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in September 1998, it's largest shareholder is nusrat nasar with a 50% stake. Ideal Properties (uk) Limited is a mature, small sized company, Pomanda has estimated its turnover at £543.9k with rapid growth in recent years.

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Ideal Properties (uk) Limited Health Check

Pomanda's financial health check has awarded Ideal Properties (Uk) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £543.9k, make it larger than the average company (£317.1k)

£543.9k - Ideal Properties (uk) Limited

£317.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (3.5%)

36% - Ideal Properties (uk) Limited

3.5% - Industry AVG

production

Production

with a gross margin of 70.1%, this company has a comparable cost of product (70.1%)

70.1% - Ideal Properties (uk) Limited

70.1% - Industry AVG

profitability

Profitability

an operating margin of 15.2% make it more profitable than the average company (7.3%)

15.2% - Ideal Properties (uk) Limited

7.3% - Industry AVG

employees

Employees

with 9 employees, this is above the industry average (6)

9 - Ideal Properties (uk) Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.8k, the company has an equivalent pay structure (£40.8k)

£40.8k - Ideal Properties (uk) Limited

£40.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £60.4k, this is less efficient (£100.2k)

£60.4k - Ideal Properties (uk) Limited

£100.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 33 days, this is earlier than average (49 days)

33 days - Ideal Properties (uk) Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 339 days, this is slower than average (33 days)

339 days - Ideal Properties (uk) Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ideal Properties (uk) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (50 weeks)

2 weeks - Ideal Properties (uk) Limited

50 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 51.9%, this is a similar level of debt than the average (53.6%)

51.9% - Ideal Properties (uk) Limited

53.6% - Industry AVG

IDEAL PROPERTIES (UK) LIMITED financials

EXPORTms excel logo

Ideal Properties (Uk) Limited's latest turnover from September 2023 is estimated at £543.9 thousand and the company has net assets of £1 million. According to their latest financial statements, Ideal Properties (Uk) Limited has 9 employees and maintains cash reserves of £29.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover543,890311,567283,217215,610275,466314,299230,297806,4801,200,773652,440601,1151,235,2981,252,922512,7070
Other Income Or Grants000000000000000
Cost Of Sales162,47780,43572,08942,63648,28762,83740,615321,586663,926374,571338,698721,002738,267305,0760
Gross Profit381,413231,132211,128172,975227,178251,463189,682484,894536,846277,869262,417514,296514,655207,6310
Admin Expenses298,797120,69668,24635,151151,792205,10695,026460,359506,253297,364276,492469,700440,825205,358-73,144
Operating Profit82,616110,436142,882137,82475,38646,35794,65624,53530,593-19,495-14,07544,59673,8302,27373,144
Interest Payable52,62945,29527,24624,76329,97330,44124,87310,672000011,09922,19811,099
Interest Receivable1,1733023551206141541343332363593911776140
Pre-Tax Profit31,16065,443115,672113,11145,62016,05769,83713,99630,926-19,259-13,71644,98762,908-19,86462,085
Tax-7,790-12,434-21,978-21,491-8,668-3,051-13,269-2,799-6,18500-10,797-16,3560-17,384
Profit After Tax23,37053,00993,69491,62036,95213,00656,56811,19724,741-19,259-13,71634,19046,552-19,86444,701
Dividends Paid000000000000000
Retained Profit23,37053,00993,69491,62036,95213,00656,56811,19724,741-19,259-13,71634,19046,552-19,86444,701
Employee Costs366,909308,442217,555173,445203,004223,553184,556269,859343,851205,473169,981384,727371,202171,9800
Number Of Employees986567681065111150
EBITDA*84,089112,400144,873139,77076,31447,99896,82227,62835,070-13,430-5,25657,85791,12320,02397,850

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets1,819,9905,8905,9755,8361,399,9031,401,1561,402,7971,134,499650,498653,794659,859668,678679,231659,468668,253
Intangible Assets00000002,9060000000
Investments & Other01,815,5731,815,5731,456,17300000002200
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,819,9901,821,4631,821,5481,462,0091,399,9031,401,1561,402,7971,137,405650,498653,794659,859668,680679,233659,468668,253
Stock & work in progress000000000000000
Trade Debtors49,9874,0006,87769710,0489,699702065,00032,44230,000007,2025,104
Group Debtors000000000000000
Misc Debtors221,485247,782135,432143,33249,33249,33249,33349,3320000000
Cash29,58115,11911,73658,36242,70112,32025,19418,27788,69644,59549,69593,89462,6018,37515,853
misc current assets000000000000000
total current assets301,053266,901154,045202,391102,08171,35175,22967,609153,69677,03779,69593,89462,60115,57720,957
total assets2,121,0432,088,3641,975,5931,664,4001,501,9841,472,5071,478,0261,205,014804,194730,831739,554762,574741,834675,045689,210
Bank overdraft47,30450,34923,61220,1586,9336,93311,24000000000
Bank loan000000000000000
Trade Creditors 151,244151,244151,244151,244154,901151,244151,244151,244229,174180,552170,015179,321192,771192,534186,085
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities510,457287,106284,217215,71074,80182,51288,61933,2700000000
total current liabilities709,005488,699459,073387,112236,635240,689251,103184,514229,174180,552170,015179,321192,771192,534186,085
loans312,246525,728498,361351,172433,639440,571443,197341,50700000341,506341,506
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000000341,507341,507341,508341,506341,5060749
provisions79,72272,46469,69571,34668,56065,04967,50882,1410000000
total long term liabilities391,968598,192568,056422,518502,199505,620510,705423,648341,507341,507341,508341,506341,506341,506342,255
total liabilities1,100,9731,086,8911,027,129809,630738,834746,309761,808608,162570,681522,059511,523520,827534,277534,040528,340
net assets1,020,0701,001,473948,464854,770763,150726,198716,218596,852233,513208,772228,031241,747207,557141,005160,870
total shareholders funds1,020,0701,001,473948,464854,770763,150726,198716,218596,852233,513208,772228,031241,747207,557141,005160,870
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit82,616110,436142,882137,82475,38646,35794,65624,53530,593-19,495-14,07544,59673,8302,27373,144
Depreciation1,4731,9641,9911,9469281,6411,4393,0934,4776,0658,81913,26117,29317,75024,706
Amortisation00000072700000000
Tax-7,790-12,434-21,978-21,491-8,668-3,051-13,269-2,799-6,18500-10,797-16,3560-17,384
Stock000000000000000
Debtors19,690109,473-1,72084,6493498,996703-15,66832,5582,44230,0000-7,2022,0985,104
Creditors000-3,6573,65700-77,93048,62210,537-9,306-13,4502376,449186,085
Accruals and Deferred Income223,3512,88968,507140,909-7,711-6,10755,34933,2700000000
Deferred Taxes & Provisions7,2582,769-1,6512,7863,511-2,459-14,63382,1410000000
Cash flow from operations287,218-3,849191,471173,66866,75427,385123,56677,97844,949-5,335-44,56233,61082,20624,374261,447
Investing Activities
capital expenditure-1,815,573-1,879-2,1301,392,1213250-267,558-490,000-1,18100-2,708-37,056-8,965-692,959
Change in Investments-1,815,5730359,4001,456,173000000-20200
cash flow from investments0-1,879-361,530-64,0523250-267,558-490,000-1,18102-2,708-37,058-8,965-692,959
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-213,48227,367147,189-82,467-6,932-2,626101,690341,5070000-341,5060341,506
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0000000-341,5070-120341,506-749749
share issue-4,7730000-3,02662,798352,142000020,000-1116,169
interest-51,456-44,993-27,211-24,712-29,767-30,300-24,819-10,538333236359391-10,922-22,137-11,059
cash flow from financing-269,711-17,626119,978-107,179-36,699-35,952139,669341,6043332353613919,078-22,887447,365
cash and cash equivalents
cash14,4623,383-46,62615,66130,381-12,8746,917-70,41944,101-5,100-44,19931,29354,226-7,47815,853
overdraft-3,04526,7373,45413,2250-4,30711,24000000000
change in cash17,507-23,354-50,0802,43630,381-8,567-4,323-70,41944,101-5,100-44,19931,29354,226-7,47815,853

ideal properties (uk) 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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Ideal Properties (uk) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ideal properties (uk) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in LU1 area or any other competitors across 12 key performance metrics.

ideal properties (uk) limited Ownership

IDEAL PROPERTIES (UK) LIMITED group structure

Ideal Properties (Uk) Limited has no subsidiary companies.

Ultimate parent company

IDEAL PROPERTIES (UK) LIMITED

03628799

IDEAL PROPERTIES (UK) LIMITED Shareholders

nusrat nasar 50%
mr mohammed nasar 50%

ideal properties (uk) limited directors

Ideal Properties (Uk) Limited currently has 2 directors. The longest serving directors include Mr Mohammed Nasar (Sep 2012) and Mr Abid Nasar (Jan 2017).

officercountryagestartendrole
Mr Mohammed NasarUnited Kingdom70 years Sep 2012- Director
Mr Abid NasarUnited Kingdom43 years Jan 2017- Director

P&L

September 2023

turnover

543.9k

+75%

operating profit

82.6k

0%

gross margin

70.2%

-5.47%

turnover

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

Balance Sheet

September 2023

net assets

1m

+0.02%

total assets

2.1m

+0.02%

cash

29.6k

+0.96%

net assets

Total assets minus all liabilities

ideal properties (uk) limited company details

company number

03628799

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

September 1998

age

27

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

ideal lettings and estates limited (April 2005)

accountant

-

auditor

-

address

121 dunstable road, luton, beds, LU1 1BW

Bank

BARCLAYS BANK PLC

Legal Advisor

-

ideal properties (uk) 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 9 charges/mortgages relating to ideal properties (uk) limited. Currently there are 6 open charges and 3 have been satisfied in the past.

ideal properties (uk) 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 IDEAL PROPERTIES (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.

ideal properties (uk) limited Companies House Filings - See Documents

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