nurek properties limited

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nurek properties limited Company Information

Share NUREK PROPERTIES LIMITED

Company Number

03745821

Directors

Sami Wasif

Charmaine Wasif

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Shareholders

eco investment & leisure group ltd

Group Structure

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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

unit 1, 40-48 bromells road, london, SW4 0BG

nurek properties limited Estimated Valuation

£368.7k

Pomanda estimates the enterprise value of NUREK PROPERTIES LIMITED at £368.7k based on a Turnover of £111k and 3.32x industry multiple (adjusted for size and gross margin).

nurek properties limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of NUREK PROPERTIES LIMITED at £1m based on an EBITDA of £156.9k and a 6.49x industry multiple (adjusted for size and gross margin).

nurek properties limited Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of NUREK PROPERTIES LIMITED at £2.3m based on Net Assets of £1.3m and 1.75x industry multiple (adjusted for liquidity).

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Nurek Properties Limited Overview

Nurek Properties Limited is a live company located in london, SW4 0BG with a Companies House number of 03745821. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 1999, it's largest shareholder is eco investment & leisure group ltd with a 100% stake. Nurek Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £111k with declining growth in recent years.

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Nurek Properties Limited Health Check

Pomanda's financial health check has awarded Nurek Properties Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £111k, make it smaller than the average company (£847.4k)

£111k - Nurek Properties Limited

£847.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (2.9%)

-30% - Nurek Properties Limited

2.9% - Industry AVG

production

Production

with a gross margin of 73%, this company has a comparable cost of product (73%)

73% - Nurek Properties Limited

73% - Industry AVG

profitability

Profitability

an operating margin of 141.1% make it more profitable than the average company (27.1%)

141.1% - Nurek Properties Limited

27.1% - Industry AVG

employees

Employees

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

1 - Nurek Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)

£31.9k - Nurek Properties Limited

£31.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £111k, this is less efficient (£180.3k)

£111k - Nurek Properties Limited

£180.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Nurek Properties Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 93 days, this is slower than average (35 days)

93 days - Nurek Properties Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nurek Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (12 weeks)

25 weeks - Nurek Properties Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 50.7%, this is a lower level of debt than the average (67.7%)

50.7% - Nurek Properties Limited

67.7% - Industry AVG

NUREK PROPERTIES LIMITED financials

EXPORTms excel logo

Nurek Properties Limited's latest turnover from October 2023 is estimated at £111 thousand and the company has net assets of £1.3 million. According to their latest financial statements, Nurek Properties Limited has 1 employee and maintains cash reserves of £7.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover111,00996,224315,763325,469358,044328,854294,5583,6071,159,1631,195,7801,047,225955,633895,850581,952
Other Income Or Grants
Cost Of Sales29,98726,51094,07291,475108,48489,85377,076948383,340437,636361,621323,333301,179185,125
Gross Profit81,02269,714221,691233,994249,560239,001217,4812,659775,823758,144685,604632,300594,671396,827
Admin Expenses-75,653-67,265119,890110,571135,619137,967114,617-66,034757,363739,750638,916588,314560,127360,761142,959
Operating Profit156,675136,979101,801123,423113,941101,034102,86468,69318,46018,39446,68843,98634,54436,066-142,959
Interest Payable132,25597,91973,77375,39884,84785,93980,49840,425
Interest Receivable410129573857261728467266959727
Pre-Tax Profit24,82939,18928,03348,03229,13215,15222,39128,28518,48818,44146,76044,05334,63936,163-142,933
Tax-6,207-7,446-5,326-9,126-5,535-2,879-4,254-5,657-3,697-3,873-10,755-10,573-9,006-10,125
Profit After Tax18,62231,74322,70738,90623,59712,27318,13722,62814,79014,56836,00533,48025,63326,037-142,933
Dividends Paid
Retained Profit18,62231,74322,70738,90623,59712,27318,13722,62814,79014,56836,00533,48025,63326,037-142,933
Employee Costs31,92030,541112,693109,657112,621107,404102,85926,206183,875200,134168,000170,864142,696121,523
Number Of Employees11444441787765
EBITDA*156,908137,290101,996123,683114,287101,496103,48069,51319,55519,85548,63446,58438,37539,659-133,476

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets6999325847791,0391,217,6571,218,1191,218,7351,219,5551,220,6501,222,1111,221,5571,224,1551,225,9791,229,572
Intangible Assets
Investments & Other2,470,0002,470,0002,470,0002,470,0001,216,272
Debtors (Due After 1 year)18,00018,00018,00018,00010,000121,334121,334121,334
Total Fixed Assets2,488,6992,488,9322,488,5842,488,7791,227,3111,338,9911,339,4531,340,0691,219,5551,220,6501,222,1111,221,5571,224,1551,225,9791,229,572
Stock & work in progress
Trade Debtors122,459122,334114,178101,83493,23456,13456,134
Group Debtors134,112131,772121,816116,128119,1283,000
Misc Debtors7,9006,6005,8407,6008,6374,600
Cash7,0598,5512,9217,9776,3143,87711,3539,1524,6766,39412,01616,5949,95228,04610,601
misc current assets776776
total current assets149,847147,699130,577131,705134,07911,47711,3539,152127,135128,728126,194118,428103,18684,18066,735
total assets2,638,5462,636,6312,619,1612,620,4841,361,3901,350,4681,350,8061,349,2211,346,6901,349,3781,348,3051,339,9851,327,3411,310,1591,296,307
Bank overdraft
Bank loan
Trade Creditors 7,7065,1276,0592,1944,6458,7803,7761,50023,80419,68221,17448,86269,70778,12590,578
Group/Directors Accounts11,729
other short term finances
hp & lease commitments
other current liabilities6,57722,89316,61619,11822,45916,96116,24512,078
total current liabilities14,28328,02022,67521,31227,10425,74120,02125,30723,80419,68221,17448,86269,70778,12590,578
loans1,174,1151,177,0851,196,7031,222,0961,249,9711,264,0091,282,3401,293,606
hp & lease commitments
Accruals and Deferred Income
other liabilities1,315,2061,336,8061,348,8091,348,8061,348,7971,348,8301,348,562
provisions148,536148,536148,536148,536
total long term liabilities1,322,6511,325,6211,345,2391,370,6321,249,9711,264,0091,282,3401,293,6061,315,2061,336,8061,348,8091,348,8061,348,7971,348,8301,348,562
total liabilities1,336,9341,353,6411,367,9141,391,9441,277,0751,289,7501,302,3611,318,9131,339,0101,356,4881,369,9831,397,6681,418,5041,426,9551,439,140
net assets1,301,6121,282,9901,251,2471,228,54084,31560,71848,44530,3087,680-7,110-21,678-57,683-91,163-116,796-142,833
total shareholders funds1,301,6121,282,9901,251,2471,228,54084,31560,71848,44530,3087,680-7,110-21,678-57,683-91,163-116,796-142,833
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit156,675136,979101,801123,423113,941101,034102,86468,69318,46018,39446,68843,98634,54436,066-142,959
Depreciation2333111952603464626168201,0951,4611,9462,5983,8313,5939,483
Amortisation
Tax-6,207-7,446-5,326-9,126-5,535-2,879-4,254-5,657-3,697-3,873-10,755-10,573-9,006-10,125
Stock
Debtors3,64010,7163,9283,9638,8317,600-1,1251258,15612,3448,60037,10056,134
Creditors2,579-9323,865-2,451-4,1355,0042,276-22,3044,122-1,492-27,688-20,845-8,418-12,45390,578
Accruals and Deferred Income-16,3166,277-2,502-3,3415,4987164,16712,078
Deferred Taxes & Provisions148,536
Cash flow from operations133,324124,47394,105253,338101,28496,737105,66954,75519,8556,334-2,1536,566-16,14917,081-99,032
Investing Activities
capital expenditure-6591,216,272-2,500-2,007-1,239,055
Change in Investments1,253,7281,216,272
cash flow from investments-659-1,253,728-2,500-2,007-1,239,055
Financing Activities
Bank loans
Group/Directors Accounts-11,72911,729
Other Short Term Loans
Long term loans-2,970-19,618-25,393-27,875-14,038-18,331-11,2661,293,606
Hire Purchase and Lease Commitments
other long term liabilities-1,315,206-21,600-12,00339-332681,348,562
share issue1,105,319100
interest-131,845-97,790-73,768-75,391-84,809-85,882-80,472-40,40828467266959727
cash flow from financing-134,815-117,408-99,1611,002,053-98,847-104,213-103,467-50,279-21,572-11,9577575623651,348,689
cash and cash equivalents
cash-1,4925,630-5,0561,6632,437-7,4762,2014,476-1,718-5,622-4,5786,642-18,09417,44510,601
overdraft
change in cash-1,4925,630-5,0561,6632,437-7,4762,2014,476-1,718-5,622-4,5786,642-18,09417,44510,601

nurek properties 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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Nurek Properties Limited Competitor Analysis

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Perform a competitor analysis for nurek properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SW4 area or any other competitors across 12 key performance metrics.

nurek properties limited Ownership

NUREK PROPERTIES LIMITED group structure

Nurek Properties Limited has no subsidiary companies.

Ultimate parent company

1 parent

NUREK PROPERTIES LIMITED

03745821

NUREK PROPERTIES LIMITED Shareholders

eco investment & leisure group ltd 100%

nurek properties limited directors

Nurek Properties Limited currently has 3 directors. The longest serving directors include Mr Sami Wasif (Apr 1999) and Miss Charmaine Wasif (Aug 2013).

officercountryagestartendrole
Mr Sami WasifUnited Kingdom78 years Apr 1999- Director
Miss Charmaine WasifUnited Kingdom45 years Aug 2013- Director
Ms Heidi WasifEngland46 years Apr 2024- Director

P&L

October 2023

turnover

111k

+15%

operating profit

156.7k

0%

gross margin

73%

+0.74%

turnover

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

Balance Sheet

October 2023

net assets

1.3m

+0.01%

total assets

2.6m

0%

cash

7.1k

-0.17%

net assets

Total assets minus all liabilities

nurek properties limited company details

company number

03745821

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

April 1999

age

26

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

unit 1, 40-48 bromells road, london, SW4 0BG

Bank

-

Legal Advisor

-

nurek 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 nurek properties limited. Currently there are 3 open charges and 0 have been satisfied in the past.

nurek 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 NUREK PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.

nurek properties limited Companies House Filings - See Documents

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