fairview lets limited
fairview lets limited Company Information
Company Number
04259384
Next Accounts
Sep 2025
Shareholders
dhanna singh jhumat
pardeep singh jhumat
View AllGroup Structure
View All
Industry
Real estate agencies
Registered Address
555-557 cranbrook road, gants hill, ilford, essex, IG2 6HE
Website
www.fairviewlets.comfairview lets limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRVIEW LETS LIMITED at £1.7m based on a Turnover of £822.5k and 2.05x industry multiple (adjusted for size and gross margin).
fairview lets limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRVIEW LETS LIMITED at £3.3m based on an EBITDA of £504.2k and a 6.54x industry multiple (adjusted for size and gross margin).
fairview lets limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRVIEW LETS LIMITED at £26.2m based on Net Assets of £13m and 2.02x industry multiple (adjusted for liquidity).
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Fairview Lets Limited Overview
Fairview Lets Limited is a live company located in ilford, IG2 6HE with a Companies House number of 04259384. It operates in the real estate agencies sector, SIC Code 68310. Founded in July 2001, it's largest shareholder is dhanna singh jhumat with a 33.5% stake. Fairview Lets Limited is a mature, small sized company, Pomanda has estimated its turnover at £822.5k with declining growth in recent years.
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Fairview Lets Limited Health Check
Pomanda's financial health check has awarded Fairview Lets Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
3 Weak
Size
annual sales of £822.5k, make it in line with the average company (£893k)
- Fairview Lets Limited
£893k - Industry AVG
Growth
3 year (CAGR) sales growth of -33%, show it is growing at a slower rate (5.2%)
- Fairview Lets Limited
5.2% - Industry AVG
Production
with a gross margin of 85.8%, this company has a comparable cost of product (85.8%)
- Fairview Lets Limited
85.8% - Industry AVG
Profitability
an operating margin of 59.5% make it more profitable than the average company (6.6%)
- Fairview Lets Limited
6.6% - Industry AVG
Employees
with 9 employees, this is below the industry average (17)
9 - Fairview Lets Limited
17 - Industry AVG
Pay Structure
on an average salary of £40.4k, the company has an equivalent pay structure (£40.4k)
- Fairview Lets Limited
£40.4k - Industry AVG
Efficiency
resulting in sales per employee of £91.4k, this is equally as efficient (£86.4k)
- Fairview Lets Limited
£86.4k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is near the average (34 days)
- Fairview Lets Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (43 days)
- Fairview Lets Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fairview Lets Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 103 weeks, this is more cash available to meet short term requirements (39 weeks)
103 weeks - Fairview Lets Limited
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.4%, this is a lower level of debt than the average (50.6%)
12.4% - Fairview Lets Limited
50.6% - Industry AVG
FAIRVIEW LETS LIMITED financials
Fairview Lets Limited's latest turnover from December 2023 is estimated at £822.5 thousand and the company has net assets of £13 million. According to their latest financial statements, Fairview Lets Limited has 9 employees and maintains cash reserves of £231.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 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 | 9 | 7 | 7 | 7 | 9 | 9 | 6 | 7 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 44,475 | 59,040 | 46,361 | 11,386,451 | 11,406,506 | 6,717,445 | 6,612,141 | 6,240,409 | 7,192,050 | 6,890,499 | 6,362,859 | 6,746,118 | 6,752,680 | 6,500,638 | 6,505,646 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 12,150,000 | 12,300,000 | 11,325,000 | ||||||||||||
| Debtors (Due After 1 year) | 34,823 | 22,882 | 10,941 | 23,319 | |||||||||||
| Total Fixed Assets | 12,229,298 | 12,381,922 | 11,382,302 | 11,409,770 | 11,406,506 | 6,717,445 | 6,612,141 | 6,240,409 | 7,192,050 | 6,890,499 | 6,362,859 | 6,746,118 | 6,752,680 | 6,500,638 | 6,505,646 |
| Stock & work in progress | 529,081 | 845,764 | 142,934 | 146,159 | |||||||||||
| Trade Debtors | 91,427 | 124,176 | 511,308 | 506,073 | 118,008 | 158,548 | 231,516 | 260,764 | 456,254 | 526,725 | 800,463 | 818,200 | 796,759 | 686,568 | 588,465 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,158,087 | 1,998,819 | 1,390,956 | 1,713,874 | 994,948 | 1,013,861 | 191,474 | 326,556 | 670,788 | 662,206 | |||||
| Cash | 231,597 | 226,140 | 576,662 | 124,129 | 854,972 | 16,079 | 284,626 | 985,385 | 742 | 51,640 | 1,386 | 2,139 | 1,322 | 31,531 | |
| misc current assets | 125,578 | 11,143 | 11,362 | 9,429 | 8,768 | 9,063 | 9,343 | 11,002 | 9,714 | 9,658 | |||||
| total current assets | 2,606,689 | 2,349,135 | 2,478,926 | 2,344,076 | 1,967,928 | 1,717,569 | 1,373,049 | 1,400,445 | 612,584 | 587,133 | 1,002,386 | 1,156,238 | 807,761 | 1,368,392 | 1,291,860 |
| total assets | 14,835,987 | 14,731,057 | 13,861,228 | 13,753,846 | 13,374,434 | 8,435,014 | 7,985,190 | 7,640,854 | 7,804,634 | 7,477,632 | 7,365,245 | 7,902,356 | 7,560,441 | 7,869,030 | 7,797,506 |
| Bank overdraft | 6,203 | 2,464 | 2,631 | 1,346 | 3,662 | 9,360 | |||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 6,527 | 40,370 | 15,015 | 68 | 1,188 | 148,841 | 210,751 | 221,705 | 191,178 | 267,804 | 421,927 | 357,013 | 416,026 | 556,674 | |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 103,965 | 83,633 | 101,100 | 127,770 | 121,911 | 122,417 | |||||||||
| total current liabilities | 116,695 | 126,467 | 118,746 | 129,184 | 126,761 | 131,777 | 148,841 | 210,751 | 221,705 | 191,178 | 267,804 | 421,927 | 357,013 | 416,026 | 556,674 |
| loans | 1,700,000 | 1,700,000 | 2,000,000 | 2,000,000 | 2,000,000 | 1,251,720 | 1,285,560 | 1,353,240 | 2,222,000 | ||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 39,198 | 44,332 | 49,466 | 54,600 | 2,358,000 | 2,494,000 | 3,230,000 | 3,366,000 | 4,156,430 | 4,400,930 | |||||
| provisions | 17,962 | 19,008 | 1,626 | 2,916 | 4,804 | 2,576 | 1,578 | 3,020 | |||||||
| total long term liabilities | 1,717,962 | 1,719,008 | 2,040,824 | 2,047,248 | 2,054,270 | 1,308,896 | 1,287,138 | 1,356,260 | 2,222,000 | 2,358,000 | 2,494,000 | 3,230,000 | 3,366,000 | 4,156,430 | 4,400,930 |
| total liabilities | 1,834,657 | 1,845,475 | 2,159,570 | 2,176,432 | 2,181,031 | 1,440,673 | 1,435,979 | 1,567,011 | 2,443,705 | 2,549,178 | 2,761,804 | 3,651,927 | 3,723,013 | 4,572,456 | 4,957,604 |
| net assets | 13,001,330 | 12,885,582 | 11,701,658 | 11,577,414 | 11,193,403 | 6,994,341 | 6,549,211 | 6,073,843 | 5,360,929 | 4,928,454 | 4,603,441 | 4,250,429 | 3,837,428 | 3,296,574 | 2,839,902 |
| total shareholders funds | 13,001,330 | 12,885,582 | 11,701,658 | 11,577,414 | 11,193,403 | 6,994,341 | 6,549,211 | 6,073,843 | 5,360,929 | 4,928,454 | 4,603,441 | 4,250,429 | 3,837,428 | 3,296,574 | 2,839,902 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 14,565 | 19,370 | 15,090 | 20,055 | 21,864 | 8,940 | 2,220 | 4,282 | 5,449 | 7,132 | 8,972 | 14,307 | 4,771 | 5,008 | 6,566 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -529,081 | -316,683 | 702,830 | -3,225 | 146,159 | ||||||||||
| Debtors | 138,460 | 232,672 | -330,061 | 1,130,310 | -59,453 | 940,893 | -29,248 | -195,490 | -70,471 | -465,212 | -152,819 | 347,997 | -560,597 | 106,685 | 1,250,671 |
| Creditors | -33,843 | 25,355 | 14,947 | -1,120 | 1,188 | -148,841 | -61,910 | -10,954 | 30,527 | -76,626 | -154,123 | 64,914 | -59,013 | -140,648 | 556,674 |
| Accruals and Deferred Income | 20,332 | -17,467 | -26,670 | 5,859 | -506 | 122,417 | |||||||||
| Deferred Taxes & Provisions | -1,046 | 17,382 | -1,290 | -1,888 | 2,228 | 998 | -1,442 | 3,020 | |||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -150,000 | 975,000 | 11,325,000 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -300,000 | 748,280 | -33,840 | -67,680 | -868,760 | 2,222,000 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -39,198 | -5,134 | -5,134 | -5,134 | 54,600 | -2,358,000 | -136,000 | -736,000 | -136,000 | -790,430 | -244,500 | 4,400,930 | |||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 5,457 | -350,522 | 452,533 | -730,843 | 838,893 | -268,547 | -700,759 | 984,643 | -50,898 | 50,254 | -753 | 2,139 | -1,322 | -30,209 | 31,531 |
| overdraft | 3,739 | -167 | 1,285 | -2,316 | -5,698 | 9,360 | |||||||||
| change in cash | 1,718 | -350,355 | 451,248 | -728,527 | 844,591 | -277,907 | -700,759 | 984,643 | -50,898 | 50,254 | -753 | 2,139 | -1,322 | -30,209 | 31,531 |
fairview lets limited Credit Report and Business Information
Fairview Lets Limited Competitor Analysis
Perform a competitor analysis for fairview lets limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in IG2 area or any other competitors across 12 key performance metrics.
fairview lets limited Ownership
FAIRVIEW LETS LIMITED group structure
Fairview Lets Limited has no subsidiary companies.
Ultimate parent company
FAIRVIEW LETS LIMITED
04259384
fairview lets limited directors
Fairview Lets Limited currently has 2 directors. The longest serving directors include Mr Dhanna Jhumat (Sep 2006) and Debo Jhumat (Dec 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dhanna Jhumat | 75 years | Sep 2006 | - | Director | |
| Debo Jhumat | England | 75 years | Dec 2006 | - | Director |
P&L
December 2023turnover
822.5k
-13%
operating profit
489.6k
0%
gross margin
85.9%
-3.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
13m
+0.01%
total assets
14.8m
+0.01%
cash
231.6k
+0.02%
net assets
Total assets minus all liabilities
fairview lets limited company details
company number
04259384
Type
Private limited with Share Capital
industry
68310 - Real estate agencies
incorporation date
July 2001
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
555-557 cranbrook road, gants hill, ilford, essex, IG2 6HE
Bank
-
Legal Advisor
-
fairview lets 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 25 charges/mortgages relating to fairview lets limited. Currently there are 25 open charges and 0 have been satisfied in the past.
fairview lets 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 FAIRVIEW LETS LIMITED. This can take several minutes, an email will notify you when this has completed.
fairview lets limited Companies House Filings - See Documents
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