praxis real estate management ltd Company Information
Company Number
03876895
Next Accounts
Dec 2025
Shareholders
praxis group limited
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
Registered Address
9th floor ship canal house, 98 king street, manchester, M2 4WU
Website
www.praxis-holdings.compraxis real estate management ltd Estimated Valuation
Pomanda estimates the enterprise value of PRAXIS REAL ESTATE MANAGEMENT LTD at £11.7m based on a Turnover of £4.2m and 2.79x industry multiple (adjusted for size and gross margin).
praxis real estate management ltd Estimated Valuation
Pomanda estimates the enterprise value of PRAXIS REAL ESTATE MANAGEMENT LTD at £7m based on an EBITDA of £865.3k and a 8.13x industry multiple (adjusted for size and gross margin).
praxis real estate management ltd Estimated Valuation
Pomanda estimates the enterprise value of PRAXIS REAL ESTATE MANAGEMENT LTD at £1.1m based on Net Assets of £596.8k and 1.8x industry multiple (adjusted for liquidity).
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Praxis Real Estate Management Ltd Overview
Praxis Real Estate Management Ltd is a live company located in manchester, M2 4WU with a Companies House number of 03876895. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in November 1999, it's largest shareholder is praxis group limited with a 100% stake. Praxis Real Estate Management Ltd is a mature, small sized company, Pomanda has estimated its turnover at £4.2m with rapid growth in recent years.
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Praxis Real Estate Management Ltd Health Check
Pomanda's financial health check has awarded Praxis Real Estate Management Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
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5 Strong
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3 Regular
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3 Weak
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Size
annual sales of £4.2m, make it larger than the average company (£406.7k)
- Praxis Real Estate Management Ltd
£406.7k - Industry AVG
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Growth
3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (6.1%)
- Praxis Real Estate Management Ltd
6.1% - Industry AVG
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Production
with a gross margin of 57.9%, this company has a comparable cost of product (57.9%)
- Praxis Real Estate Management Ltd
57.9% - Industry AVG
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Profitability
an operating margin of 18.6% make it more profitable than the average company (8%)
- Praxis Real Estate Management Ltd
8% - Industry AVG
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Employees
with 66 employees, this is above the industry average (6)
66 - Praxis Real Estate Management Ltd
6 - Industry AVG
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Pay Structure
on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)
- Praxis Real Estate Management Ltd
£40.2k - Industry AVG
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Efficiency
resulting in sales per employee of £63.5k, this is less efficient (£101.4k)
- Praxis Real Estate Management Ltd
£101.4k - Industry AVG
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Debtor Days
it gets paid by customers after 50 days, this is near the average (45 days)
- Praxis Real Estate Management Ltd
45 days - Industry AVG
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Creditor Days
its suppliers are paid after 46 days, this is slower than average (29 days)
- Praxis Real Estate Management Ltd
29 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- Praxis Real Estate Management Ltd
- - Industry AVG
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Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (46 weeks)
3 weeks - Praxis Real Estate Management Ltd
46 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 89.3%, this is a higher level of debt than the average (60.2%)
89.3% - Praxis Real Estate Management Ltd
60.2% - Industry AVG
PRAXIS REAL ESTATE MANAGEMENT LTD financials
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Praxis Real Estate Management Ltd's latest turnover from March 2024 is estimated at £4.2 million and the company has net assets of £596.8 thousand. According to their latest financial statements, Praxis Real Estate Management Ltd has 66 employees and maintains cash reserves of £369.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 66 | 45 | 34 | 27 | 27 | 28 | 30 | 31 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 247,824 | 268,102 | 72,270 | 25,173 | 22,105 | 5,923 | 4,499 | 10,389 | 12,488 | 49,301 | 113,152 | 91,980 | 99,550 | 99,360 | 12,200 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 8 | 7 | 7 | 7 | 7 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 830 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 247,824 | 268,102 | 72,271 | 25,174 | 22,106 | 6,754 | 4,500 | 10,390 | 12,489 | 49,308 | 113,160 | 91,987 | 99,557 | 99,367 | 12,207 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 578,809 | 495,740 | 264,482 | 97,194 | 73,909 | 30,428 | 19,179 | 41,755 | 83,449 | 604,065 | 586,893 | 630,472 | 469,985 | 425,850 | 307,481 |
Group Debtors | 3,606,307 | 1,977,817 | 553,036 | 337,590 | 330,721 | 922,730 | 767,384 | 779,933 | 386,029 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 776,466 | 328,272 | 136,293 | 257,856 | 275,846 | 190,715 | 271,341 | 209,550 | 169,107 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 369,274 | 86,156 | 151,994 | 452,891 | 228,410 | 145,554 | 12,251 | 139,064 | 197,616 | 154,483 | 189,334 | 124,780 | 3,995,650 | 233,624 | 30,811 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28,317 | 0 | 0 | 0 |
total current assets | 5,330,856 | 2,887,985 | 1,105,805 | 1,145,531 | 908,886 | 1,289,427 | 1,070,155 | 1,170,302 | 836,201 | 758,548 | 776,227 | 783,569 | 4,465,635 | 659,474 | 338,292 |
total assets | 5,578,680 | 3,156,087 | 1,178,076 | 1,170,705 | 930,992 | 1,296,181 | 1,074,655 | 1,180,692 | 848,690 | 807,856 | 889,387 | 875,556 | 4,565,192 | 758,841 | 350,499 |
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 | 223,823 | 336,217 | 197,089 | 508,075 | 172,972 | 108,843 | 92,995 | 104,682 | 156,316 | 773,117 | 828,236 | 820,542 | 4,449,314 | 734,047 | 183,253 |
Group/Directors Accounts | 1,091,691 | 692,305 | 425,175 | 50,000 | 99,872 | 230,450 | 346,468 | 116,576 | 67,200 | 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 | 3,630,442 | 2,093,864 | 554,458 | 453,592 | 531,117 | 851,895 | 543,943 | 873,867 | 570,374 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 4,945,956 | 3,122,386 | 1,176,722 | 1,011,667 | 803,961 | 1,191,188 | 983,406 | 1,095,125 | 793,890 | 773,117 | 828,236 | 820,542 | 4,449,314 | 734,047 | 183,253 |
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 | 35,941 | 29,786 | 0 | 0 | 0 | 0 | 33 | 633 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 35,941 | 29,786 | 0 | 0 | 0 | 0 | 33 | 633 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 4,981,897 | 3,152,172 | 1,176,722 | 1,011,667 | 803,961 | 1,191,188 | 983,439 | 1,095,758 | 793,890 | 773,117 | 828,236 | 820,542 | 4,449,314 | 734,047 | 183,253 |
net assets | 596,783 | 3,915 | 1,354 | 159,038 | 127,031 | 104,993 | 91,216 | 84,934 | 54,800 | 34,739 | 61,151 | 55,014 | 115,878 | 24,794 | 167,246 |
total shareholders funds | 596,783 | 3,915 | 1,354 | 159,038 | 127,031 | 104,993 | 91,216 | 84,934 | 54,800 | 34,739 | 61,151 | 55,014 | 115,878 | 24,794 | 167,246 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 86,798 | 30,379 | 24,090 | 6,163 | 9,241 | 5,373 | 12,837 | 12,489 | 46,906 | 122,928 | 60,390 | 47,733 | 32,633 | 33,074 | 4,079 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 2,159,753 | 1,848,018 | 261,171 | 12,164 | -464,227 | 86,799 | 26,666 | 392,653 | 34,520 | 17,172 | -43,579 | 160,487 | 44,135 | 118,369 | 307,481 |
Creditors | -112,394 | 139,128 | -310,986 | 335,103 | 64,129 | 15,848 | -11,687 | -51,634 | -616,801 | -55,119 | 7,694 | -3,628,772 | 3,715,267 | 550,794 | 183,253 |
Accruals and Deferred Income | 1,536,578 | 1,539,406 | 100,866 | -77,525 | -320,778 | 307,952 | -329,924 | 303,493 | 570,374 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 6,155 | 29,786 | 0 | 0 | 0 | -33 | -600 | 633 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | -6 | -1 | 1 | 0 | 0 | 0 | 7 |
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 | 399,386 | 267,130 | 375,175 | -49,872 | -130,578 | -116,018 | 229,892 | 49,376 | 67,200 | 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 | 283,118 | -65,838 | -300,897 | 224,481 | 82,856 | 133,303 | -126,813 | -58,552 | 43,133 | -34,851 | 64,554 | -3,870,870 | 3,762,026 | 202,813 | 30,811 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 283,118 | -65,838 | -300,897 | 224,481 | 82,856 | 133,303 | -126,813 | -58,552 | 43,133 | -34,851 | 64,554 | -3,870,870 | 3,762,026 | 202,813 | 30,811 |
praxis real estate management ltd Credit Report and Business Information
Praxis Real Estate Management Ltd Competitor Analysis
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Perform a competitor analysis for praxis real estate management ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in M 2 area or any other competitors across 12 key performance metrics.
praxis real estate management ltd Ownership
PRAXIS REAL ESTATE MANAGEMENT LTD group structure
Praxis Real Estate Management Ltd has 2 subsidiary companies.
Ultimate parent company
PRAXIS (HOLDINGS) LTD
#0111075
1 parent
PRAXIS REAL ESTATE MANAGEMENT LTD
03876895
2 subsidiaries
praxis real estate management ltd directors
Praxis Real Estate Management Ltd currently has 4 directors. The longest serving directors include Mr David McCann (Nov 2011) and Mr Gabriel McLaughlin (Jul 2013).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David McCann | United Kingdom | 58 years | Nov 2011 | - | Director |
Mr Gabriel McLaughlin | England | 58 years | Jul 2013 | - | Director |
Mr James Hewitt | United Kingdom | 37 years | Jun 2020 | - | Director |
Mr Matthew Garner | United Kingdom | 43 years | Apr 2022 | - | Director |
P&L
March 2024turnover
4.2m
+36%
operating profit
778.5k
0%
gross margin
57.9%
-13.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
596.8k
+151.43%
total assets
5.6m
+0.77%
cash
369.3k
+3.29%
net assets
Total assets minus all liabilities
praxis real estate management ltd company details
company number
03876895
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
November 1999
age
26
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
northcity properties ltd (November 2010)
maxilend limited (November 2004)
accountant
-
auditor
DJH AUDIT LIMITED
address
9th floor ship canal house, 98 king street, manchester, M2 4WU
Bank
-
Legal Advisor
-
praxis real estate management ltd 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 7 charges/mortgages relating to praxis real estate management ltd. Currently there are 0 open charges and 7 have been satisfied in the past.
praxis real estate management ltd 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.
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praxis real estate management ltd Companies House Filings - See Documents
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