portminster properties limited
portminster properties limited Company Information
Company Number
03654167
Website
www.porthminstergroup.comRegistered Address
33 sackville road, southend on sea, essex, SS2 4UQ
Industry
Buying and selling of own real estate
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
02033971646
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
mr erroll lee cause 50%
mr aaron cause 50%
portminster properties limited Estimated Valuation
Pomanda estimates the enterprise value of PORTMINSTER PROPERTIES LIMITED at £294.7k based on a Turnover of £150.1k and 1.96x industry multiple (adjusted for size and gross margin).
portminster properties limited Estimated Valuation
Pomanda estimates the enterprise value of PORTMINSTER PROPERTIES LIMITED at £56.8k based on an EBITDA of £12.8k and a 4.44x industry multiple (adjusted for size and gross margin).
portminster properties limited Estimated Valuation
Pomanda estimates the enterprise value of PORTMINSTER PROPERTIES LIMITED at £705.1k based on Net Assets of £634.4k and 1.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Portminster Properties Limited Overview
Portminster Properties Limited is a live company located in essex, SS2 4UQ with a Companies House number of 03654167. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 1998, it's largest shareholder is mr erroll lee cause with a 50% stake. Portminster Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £150.1k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Portminster Properties Limited Health Check
Pomanda's financial health check has awarded Portminster Properties Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £150.1k, make it smaller than the average company (£864.5k)
- Portminster Properties Limited
£864.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -39%, show it is growing at a slower rate (2.6%)
- Portminster Properties Limited
2.6% - Industry AVG
Production
with a gross margin of 28.1%, this company has a higher cost of product (71.1%)
- Portminster Properties Limited
71.1% - Industry AVG
Profitability
an operating margin of 8.5% make it less profitable than the average company (26.4%)
- Portminster Properties Limited
26.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Portminster Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £34.4k, the company has an equivalent pay structure (£34.4k)
- Portminster Properties Limited
£34.4k - Industry AVG
Efficiency
resulting in sales per employee of £75k, this is less efficient (£187.1k)
- Portminster Properties Limited
£187.1k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (28 days)
- Portminster Properties Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (33 days)
- Portminster Properties Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Portminster Properties Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Portminster Properties Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.1%, this is a lower level of debt than the average (66.1%)
25.1% - Portminster Properties Limited
66.1% - Industry AVG
PORTMINSTER PROPERTIES LIMITED financials
Portminster Properties Limited's latest turnover from October 2023 is estimated at £150.1 thousand and the company has net assets of £634.4 thousand. According to their latest financial statements, Portminster Properties Limited has 2 employees and maintains cash reserves of 0 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 | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | |||||||||
| EBITDA* |
* 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 | 802,755 | 801,768 | 757,594 | 713,071 | 862,296 | 934,553 | 937,883 | 924,963 | 533 | 712 | 949 | 1,266 | 1,688 | 2,252 | 3,004 |
| 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 | 924,564 | 917,090 | 901,543 | 832,787 | 832,787 | 752,034 | 678,821 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 802,755 | 801,768 | 757,594 | 713,071 | 862,296 | 934,553 | 937,883 | 924,963 | 925,097 | 917,802 | 902,492 | 834,053 | 834,475 | 754,286 | 681,825 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 43,737 | 604,100 | 369,138 | 253,759 | 25,428 | 37,669 | 33,801 | 11,358 | 0 | 0 | 0 | 0 | 0 | 8,000 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66,293 | 28,658 | 13,706 | 28,811 | 5,540 | 87,368 | 22,993 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 43,737 | 604,100 | 369,138 | 253,759 | 25,428 | 37,669 | 33,801 | 11,358 | 66,293 | 28,658 | 13,706 | 28,811 | 5,540 | 95,368 | 22,993 |
| total assets | 846,492 | 1,405,868 | 1,126,732 | 966,830 | 887,724 | 972,222 | 971,684 | 936,321 | 991,390 | 946,460 | 916,198 | 862,864 | 840,015 | 849,654 | 704,818 |
| 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 | 16,374 | 113,760 | 115,631 | 65,583 | 23,635 | 19,200 | 28,583 | 31,429 | 89,772 | 61,066 | 50,096 | 85,726 | 63,237 | 50,324 | 25,530 |
| 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 | 16,374 | 113,760 | 115,631 | 65,583 | 23,635 | 19,200 | 28,583 | 31,429 | 89,772 | 61,066 | 50,096 | 85,726 | 63,237 | 50,324 | 25,530 |
| 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 | 195,738 | 667,324 | 591,721 | 615,053 | 708,925 | 818,046 | 825,688 | 815,036 | 824,865 | 833,615 | 839,648 | 777,388 | 781,602 | 790,661 | 643,250 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 107 | 142 | 190 | 212 | 180 | 282 | 418 |
| total long term liabilities | 195,738 | 667,324 | 591,721 | 615,053 | 708,925 | 818,046 | 825,688 | 815,036 | 824,972 | 833,757 | 839,838 | 777,600 | 781,782 | 790,943 | 643,668 |
| total liabilities | 212,112 | 781,084 | 707,352 | 680,636 | 732,560 | 837,246 | 854,271 | 846,465 | 914,744 | 894,823 | 889,934 | 863,326 | 845,019 | 841,267 | 669,198 |
| net assets | 634,380 | 624,784 | 419,380 | 286,194 | 155,164 | 134,976 | 117,413 | 89,856 | 76,646 | 51,637 | 26,264 | -462 | -5,004 | 8,387 | 35,620 |
| total shareholders funds | 634,380 | 624,784 | 419,380 | 286,194 | 155,164 | 134,976 | 117,413 | 89,856 | 76,646 | 51,637 | 26,264 | -462 | -5,004 | 8,387 | 35,620 |
| 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 | |||||||||||||||
| Depreciation | 179 | 712 | 317 | 422 | 564 | 752 | 1,002 | ||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -560,363 | 234,962 | 115,379 | 228,331 | -12,241 | 3,868 | 22,443 | 11,358 | 0 | 0 | 0 | 0 | -8,000 | 8,000 | 0 |
| Creditors | -97,386 | -1,871 | 50,048 | 41,948 | 4,435 | -9,383 | -2,846 | -58,343 | 28,706 | 10,970 | -35,630 | 22,489 | 12,913 | 24,794 | 25,530 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -107 | -35 | -48 | -22 | 32 | -102 | -136 | 418 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -924,564 | 7,474 | 15,547 | 68,756 | 0 | 80,753 | 73,213 | 678,821 |
| cash flow from investments | |||||||||||||||
| 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 | -471,586 | 75,603 | -23,332 | -93,872 | -109,121 | -7,642 | 10,652 | -9,829 | -8,750 | -6,033 | 62,260 | -4,214 | -9,059 | 147,411 | 643,250 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -66,293 | 37,635 | 14,952 | -15,105 | 23,271 | -81,828 | 64,375 | 22,993 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -66,293 | 37,635 | 14,952 | -15,105 | 23,271 | -81,828 | 64,375 | 22,993 |
portminster properties limited Credit Report and Business Information
Portminster Properties Limited Competitor Analysis
Perform a competitor analysis for portminster properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SS2 area or any other competitors across 12 key performance metrics.
portminster properties limited Ownership
PORTMINSTER PROPERTIES LIMITED group structure
Portminster Properties Limited has no subsidiary companies.
Ultimate parent company
PORTMINSTER PROPERTIES LIMITED
03654167
portminster properties limited directors
Portminster Properties Limited currently has 2 directors. The longest serving directors include Mr Erroll Cause (May 2003) and Mr Aaron Cause (Jul 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Erroll Cause | 62 years | May 2003 | - | Director | |
| Mr Aaron Cause | England | 60 years | Jul 2006 | - | Director |
P&L
October 2023turnover
150.1k
-90%
operating profit
12.8k
0%
gross margin
28.2%
+1.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
634.4k
+0.02%
total assets
846.5k
-0.4%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
portminster properties limited company details
company number
03654167
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
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
October 1998
age
26
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
October 2023
address
33 sackville road, southend on sea, essex, SS2 4UQ
accountant
-
auditor
-
portminster 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 5 charges/mortgages relating to portminster properties limited. Currently there are 2 open charges and 3 have been satisfied in the past.
portminster properties limited Companies House Filings - See Documents
| date | description | view/download |
|---|
