oldman properties limited

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oldman properties limited Company Information

Share OLDMAN PROPERTIES LIMITED

Company Number

04256143

Shareholders

philip oldman

trustees of the p. oldman discretionary settlement of 12 march 2018

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Group Structure

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Industry

Development of building projects

 +1

Registered Address

13 the close, norwich, NR1 4DS

oldman properties limited Estimated Valuation

£792.9k

Pomanda estimates the enterprise value of OLDMAN PROPERTIES LIMITED at £792.9k based on a Turnover of £339.9k and 2.33x industry multiple (adjusted for size and gross margin).

oldman properties limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of OLDMAN PROPERTIES LIMITED at £1.9m based on an EBITDA of £342.6k and a 5.53x industry multiple (adjusted for size and gross margin).

oldman properties limited Estimated Valuation

£7.7m

Pomanda estimates the enterprise value of OLDMAN PROPERTIES LIMITED at £7.7m based on Net Assets of £4.8m and 1.6x industry multiple (adjusted for liquidity).

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Oldman Properties Limited Overview

Oldman Properties Limited is a live company located in norwich, NR1 4DS with a Companies House number of 04256143. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2001, it's largest shareholder is philip oldman with a 48% stake. Oldman Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £339.9k with low growth in recent years.

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Oldman Properties Limited Health Check

Pomanda's financial health check has awarded Oldman Properties Limited a 3 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

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £339.9k, make it smaller than the average company (£1.7m)

£339.9k - Oldman Properties Limited

£1.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5%)

0% - Oldman Properties Limited

5% - Industry AVG

production

Production

with a gross margin of 44.4%, this company has a comparable cost of product (44.4%)

44.4% - Oldman Properties Limited

44.4% - Industry AVG

profitability

Profitability

an operating margin of 100.7% make it more profitable than the average company (12.1%)

100.7% - Oldman Properties Limited

12.1% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (5)

3 - Oldman Properties Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)

£40.9k - Oldman Properties Limited

£40.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £113.3k, this is less efficient (£217.5k)

£113.3k - Oldman Properties Limited

£217.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is later than average (23 days)

30 days - Oldman Properties Limited

23 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (31 days)

9 days - Oldman Properties Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Oldman Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (16 weeks)

4 weeks - Oldman Properties Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 39.6%, this is a lower level of debt than the average (72.4%)

39.6% - Oldman Properties Limited

72.4% - Industry AVG

OLDMAN PROPERTIES LIMITED financials

EXPORTms excel logo

Oldman Properties Limited's latest turnover from January 2024 is estimated at £339.9 thousand and the company has net assets of £4.8 million. According to their latest financial statements, Oldman Properties Limited has 3 employees and maintains cash reserves of £239.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover339,854332,302291,948338,206414,053341,264337,778400,457449,2647,503,8282,013,8941,496,2192,725,2813,159,801596,685
Other Income Or Grants
Cost Of Sales189,007181,566151,352172,843209,147167,705161,517186,690219,3504,037,3691,094,917758,9101,352,6101,630,909292,756
Gross Profit150,847150,736140,596165,363204,905173,559176,262213,766229,9153,466,459918,977737,3091,372,6711,528,891303,929
Admin Expenses-191,532-1,435,985-198,460-209,598-120,833-182,992-195,122-81,008-8,4853,303,760684,347438,5841,099,7451,239,156-603,640
Operating Profit342,3791,586,721339,056374,961325,738356,551371,384294,774238,400162,699234,630298,725272,926289,735907,569
Interest Payable326,700278,160184,500181,536202,095202,500195,000187,50097,50087,750197,348183,860155,342178,96997,889
Interest Receivable29,84418,4434091381,3681,3886484211,03577228031630359
Pre-Tax Profit45,5231,327,004154,965193,563125,011155,440177,032107,695141,93575,72237,562115,180117,886110,825809,679
Tax-11,381-252,131-29,443-36,777-23,752-29,534-33,636-21,539-28,387-15,902-8,639-27,643-30,650-31,031-226,710
Profit After Tax34,1421,074,873125,522156,786101,259125,906143,39686,156113,54859,82028,92387,53787,23679,794582,969
Dividends Paid
Retained Profit34,1421,074,873125,522156,786101,259125,906143,39686,156113,54859,82028,92387,53787,23679,794582,969
Employee Costs122,827118,805115,693111,893109,865107,773102,313133,920133,2321,227,684351,399248,748467,782595,442110,404
Number Of Employees3333333443711816204
EBITDA*342,5791,586,971339,369375,352326,227357,162372,148295,198238,929163,361235,456299,856273,933290,995909,143

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets8001,0001,2501,5631,9542,4435,906,1405,906,9045,721,1285,719,5325,831,1944,998,5664,572,5054,420,5365,088,367
Intangible Assets
Investments & Other7,206,5557,054,6306,594,6316,393,9605,667,0005,568,00060,00060,00060,000
Debtors (Due After 1 year)
Total Fixed Assets7,207,3557,055,6306,595,8816,395,5235,668,9545,570,4435,906,1405,906,9045,721,1285,719,5325,831,1945,058,5664,632,5054,480,5365,088,367
Stock & work in progress107,119743,6871,176,826318,354
Trade Debtors28,02530,59026,54036,08541,14825,51224,38627,16831,594206,423222,012205,40351,52655,46434,086
Group Debtors
Misc Debtors443,172367,44265,188233,152181,033172,217202,136172,671192,29217,262
Cash239,114897,790156,096171,225105,492259,290110,945148,132188,318225,74683,22428,84597,49223,507
misc current assets
total current assets710,3111,295,822247,824440,462327,673457,019337,467347,971412,204432,169305,236358,629892,7051,255,797352,440
total assets7,917,6668,351,4526,843,7056,835,9855,996,6276,027,4626,243,6076,254,8756,133,3326,151,7016,136,4305,417,1955,525,2105,736,3335,440,807
Bank overdraft2,892,0002,916,0002,940,0002,964,0002,988,0003,000,0003,000,0003,000,0003,000,000627,242
Bank loan
Trade Creditors 5,1602,4673,3214,1926,45631,60334,05027,34327,8472,871,290177,951208,5031,692,8211,723,532307,553
Group/Directors Accounts345,397345,398495,397550,397650,397650,295750,295800,295
other short term finances
hp & lease commitments
other current liabilities60,420197,003199,349189,548151,955133,510147,250206,779121,185
total current liabilities2,957,5803,460,8673,488,0683,653,1373,696,8083,815,5103,831,5953,984,4173,949,3272,871,290177,951208,5031,692,8211,723,532934,795
loans2,700,0003,372,2422,285,0002,494,7412,384,741
hp & lease commitments
Accruals and Deferred Income35,359
other liabilities1,210,3121,260,739
provisions145,381145,38150,82538,55838,31538,20738,07639,91839,62139,26325,211
total long term liabilities180,740145,38150,82538,55838,31538,20738,07639,91839,6211,249,5753,985,9503,372,2422,285,0002,494,7412,384,741
total liabilities3,138,3203,606,2483,538,8933,691,6953,735,1233,853,7173,869,6714,024,3353,988,9484,120,8654,163,9013,580,7453,977,8214,218,2733,319,536
net assets4,779,3464,745,2043,304,8123,144,2902,261,5042,173,7452,373,9362,230,5402,144,3842,030,8361,972,5291,836,4501,547,3891,518,0602,121,271
total shareholders funds4,779,3464,745,2043,304,8123,144,2902,261,5042,173,7452,373,9362,230,5402,144,3842,030,8361,972,5291,836,4501,547,3891,518,0602,121,271
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit342,3791,586,721339,056374,961325,738356,551371,384294,774238,400162,699234,630298,725272,926289,735907,569
Depreciation2002503133914896117644245296628261,1311,0071,2601,574
Amortisation
Tax-11,381-252,131-29,443-36,777-23,752-29,534-33,636-21,539-28,387-15,902-8,639-27,643-30,650-31,031-226,710
Stock-107,119-636,568-433,139858,472318,354
Debtors73,165306,304-177,50947,05624,452-28,79326,683-24,04717,463-15,589-653171,139-3,93821,37834,086
Creditors2,693-854-871-2,264-25,147-2,4476,707-504-2,843,4432,693,339-30,552-1,484,318-30,7111,415,979307,553
Accruals and Deferred Income-101,224-2,3469,80137,59318,445-13,740-59,52985,594121,185
Deferred Taxes & Provisions94,55612,267243108131-1,84229735814,05225,211
Cash flow from operations159,5021,119,892508,632327,091271,429340,365257,165383,093-2,528,8212,870,439329,248-746,676649,649796,093637,546
Investing Activities
capital expenditure5,903,086-186,200-2,125111,000-833,454-427,192-152,976666,571-5,089,941
Change in Investments151,925459,999200,671726,96099,0005,568,000-60,00060,000
cash flow from investments-151,925-459,999-200,671-726,960-99,000335,086-186,200-2,125111,000-773,454-427,192-152,976606,571-5,089,941
Financing Activities
Bank loans
Group/Directors Accounts-345,397-1-149,999-55,000-100,000102-100,000-50,000800,295
Other Short Term Loans
Long term loans-2,700,000-672,2421,087,242-209,741110,0002,384,741
Hire Purchase and Lease Commitments
other long term liabilities-1,210,312-50,4271,260,739
share issue365,51935,000726,000-13,500-326,097-1,513107,156201,524-57,907-683,0051,538,302
interest-296,856-259,717-184,091-181,398-200,727-201,112-194,352-187,079-96,465-86,978-197,068-183,544-155,039-178,910-97,889
cash flow from financing-642,253105,801-299,090489,602-314,227-527,107-294,352-237,079-506,482-2,838,918498,5851,105,222-422,687-751,9153,825,154
cash and cash equivalents
cash-658,676741,694-15,12965,733-153,798148,345-37,187-40,186-37,428142,52254,379-68,64773,98523,507
overdraft-24,000-24,000-24,000-24,000-12,0003,000,000-627,242627,242
change in cash-634,676765,6948,87189,733-141,798148,345-37,187-40,186-3,037,428142,52254,379-68,64773,985650,749-627,242

oldman 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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Oldman Properties Limited Competitor Analysis

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Perform a competitor analysis for oldman properties limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NR1 area or any other competitors across 12 key performance metrics.

oldman properties limited Ownership

OLDMAN PROPERTIES LIMITED group structure

Oldman Properties Limited has no subsidiary companies.

Ultimate parent company

OLDMAN PROPERTIES LIMITED

04256143

OLDMAN PROPERTIES LIMITED Shareholders

philip oldman 48%
trustees of the p. oldman discretionary settlement of 12 march 2018 14%
mr andrew oldman & mrs claire dale 13%
mrs claire nicola dale & mr andrew james oldman 13%
claire nicola dale 4%
philip oldman 2010 discretionary trust 4%
andrew james oldman 4%

oldman properties limited directors

Oldman Properties Limited currently has 2 directors. The longest serving directors include Mr Philip Oldman (Jul 2001) and Mr Andrew Oldman (Sep 2014).

officercountryagestartendrole
Mr Philip OldmanUnited Kingdom74 years Jul 2001- Director
Mr Andrew OldmanEngland45 years Sep 2014- Director

P&L

January 2024

turnover

339.9k

+2%

operating profit

342.4k

0%

gross margin

44.4%

-2.15%

turnover

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

Balance Sheet

January 2024

net assets

4.8m

+0.01%

total assets

7.9m

-0.05%

cash

239.1k

-0.73%

net assets

Total assets minus all liabilities

oldman properties limited company details

company number

04256143

Type

Private limited with Share Capital

industry

41100 - Development of building projects

68201 - Renting and operating of Housing Association real estate

incorporation date

July 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

13 the close, norwich, NR1 4DS

Bank

-

Legal Advisor

-

oldman 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 21 charges/mortgages relating to oldman properties limited. Currently there are 8 open charges and 13 have been satisfied in the past.

oldman 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.

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oldman properties limited Companies House Filings - See Documents

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