equitas properties limited
equitas properties limited Company Information
Company Number
03667720
Website
www.equitasproperties.comRegistered Address
6 tournay road, london, SW6 7UF
Industry
Buying and selling of own real estate
Telephone
35316625670
Next Accounts Due
August 2025
Group Structure
View All
Directors
Michael McCarthy25 Years
Shareholders
michael j. mccarthy 50%
robert mccarthy 50%
equitas properties limited Estimated Valuation
Pomanda estimates the enterprise value of EQUITAS PROPERTIES LIMITED at £181.4k based on a Turnover of £110.5k and 1.64x industry multiple (adjusted for size and gross margin).
equitas properties limited Estimated Valuation
Pomanda estimates the enterprise value of EQUITAS PROPERTIES LIMITED at £57.9k based on an EBITDA of £14.1k and a 4.11x industry multiple (adjusted for size and gross margin).
equitas properties limited Estimated Valuation
Pomanda estimates the enterprise value of EQUITAS PROPERTIES LIMITED at £291.6k based on Net Assets of £203.8k and 1.43x industry multiple (adjusted for liquidity).
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Equitas Properties Limited Overview
Equitas Properties Limited is a live company located in london, SW6 7UF with a Companies House number of 03667720. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 1998, it's largest shareholder is michael j. mccarthy with a 50% stake. Equitas Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £110.5k with declining growth in recent years.
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Equitas Properties Limited Health Check
Pomanda's financial health check has awarded Equitas Properties Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £110.5k, make it smaller than the average company (£856.5k)
- Equitas Properties Limited
£856.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -69%, show it is growing at a slower rate (2.6%)
- Equitas Properties Limited
2.6% - Industry AVG
Production
with a gross margin of 25.9%, this company has a higher cost of product (68.9%)
- Equitas Properties Limited
68.9% - Industry AVG
Profitability
an operating margin of 12% make it less profitable than the average company (25.7%)
- Equitas Properties Limited
25.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Equitas Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £37.4k, the company has an equivalent pay structure (£37.4k)
- Equitas Properties Limited
£37.4k - Industry AVG
Efficiency
resulting in sales per employee of £110.5k, this is less efficient (£191.6k)
- Equitas Properties Limited
£191.6k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (25 days)
- Equitas Properties Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 535 days, this is slower than average (30 days)
- Equitas Properties Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Equitas Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 129 weeks, this is more cash available to meet short term requirements (8 weeks)
129 weeks - Equitas Properties Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.1%, this is a lower level of debt than the average (64.3%)
37.1% - Equitas Properties Limited
64.3% - Industry AVG
EQUITAS PROPERTIES LIMITED financials
Equitas Properties Limited's latest turnover from November 2023 is estimated at £110.5 thousand and the company has net assets of £203.8 thousand. According to their latest financial statements, Equitas Properties Limited has 1 employee and maintains cash reserves of £298.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,830 | 3,516 | 1,620 | 2,109 | 3,209 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,830 | 3,516 | 1,620 | 2,109 | 3,209 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 73,293 | 50,290 | 18,762 | 733,388 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 22,502 | 64,097 | 261,831 | 1,521,711 | 929,516 | 1,238,587 | 4,057,195 | 3,045,536 | 18,400 | 0 | 0 | 0 | 0 | 0 | 18,400 |
| 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 | 298,674 | 188,908 | 16,717 | 22,863 | 14,930 | 25,556 | 24,932 | 940 | 12,801 | 0 | 0 | 0 | 0 | 0 | 12,801 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 321,176 | 253,005 | 278,548 | 1,544,574 | 1,017,739 | 1,314,433 | 4,100,889 | 3,779,864 | 31,201 | 0 | 0 | 0 | 0 | 0 | 31,201 |
| total assets | 324,006 | 256,521 | 280,168 | 1,546,683 | 1,020,948 | 1,314,433 | 4,100,889 | 3,779,864 | 31,201 | 0 | 0 | 0 | 0 | 0 | 31,201 |
| 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 | 120,247 | 71,874 | 44,208 | 1,319,366 | 840,604 | 1,184,424 | 4,020,532 | 84,919 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,596,778 | 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 | 73,466 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 120,247 | 71,874 | 44,208 | 1,319,366 | 840,604 | 1,184,424 | 4,020,532 | 3,755,163 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 120,247 | 71,874 | 44,208 | 1,319,366 | 840,604 | 1,184,424 | 4,020,532 | 3,755,163 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 203,759 | 184,647 | 235,960 | 227,317 | 180,344 | 130,009 | 80,357 | 24,701 | 31,201 | 0 | 0 | 0 | 0 | 0 | 31,201 |
| total shareholders funds | 203,759 | 184,647 | 235,960 | 227,317 | 180,344 | 130,009 | 80,357 | 24,701 | 31,201 | 0 | 0 | 0 | 0 | 0 | 31,201 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 805 | 1,775 | 1,406 | 1,100 | 92 | 0 | 0 | 0 | 0 | 0 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | -73,293 | 23,003 | 31,528 | -714,626 | 733,388 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -41,595 | -197,734 | -1,259,880 | 592,195 | -309,071 | -2,818,608 | 1,011,659 | 3,027,136 | 18,400 | 0 | 0 | 0 | 0 | -18,400 | 18,400 |
| Creditors | 48,373 | 27,666 | -1,275,158 | 478,762 | -343,820 | -2,836,108 | 3,935,613 | 84,919 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | -73,466 | 73,466 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -3,596,778 | 3,596,778 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 109,766 | 172,191 | -6,146 | 7,933 | -10,626 | 624 | 23,992 | -11,861 | 12,801 | 0 | 0 | 0 | 0 | -12,801 | 12,801 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 109,766 | 172,191 | -6,146 | 7,933 | -10,626 | 624 | 23,992 | -11,861 | 12,801 | 0 | 0 | 0 | 0 | -12,801 | 12,801 |
equitas properties limited Credit Report and Business Information
Equitas Properties Limited Competitor Analysis
Perform a competitor analysis for equitas properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SW6 area or any other competitors across 12 key performance metrics.
equitas properties limited Ownership
EQUITAS PROPERTIES LIMITED group structure
Equitas Properties Limited has no subsidiary companies.
Ultimate parent company
EQUITAS PROPERTIES LIMITED
03667720
equitas properties limited directors
Equitas Properties Limited currently has 1 director, Mr Michael McCarthy serving since Nov 1998.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael McCarthy | 54 years | Nov 1998 | - | Director |
P&L
November 2023turnover
110.5k
-43%
operating profit
13.3k
0%
gross margin
25.9%
-5.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
203.8k
+0.1%
total assets
324k
+0.26%
cash
298.7k
+0.58%
net assets
Total assets minus all liabilities
equitas properties limited company details
company number
03667720
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
November 1998
age
26
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
November 2023
previous names
N/A
accountant
KIERAN RYAN & CO
auditor
-
address
6 tournay road, london, SW6 7UF
Bank
SANTANDER UK PLC
Legal Advisor
TWM SOLICITORS LLP
equitas 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 3 charges/mortgages relating to equitas properties limited. Currently there are 3 open charges and 0 have been satisfied in the past.
equitas properties limited Companies House Filings - See Documents
| date | description | view/download |
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