firstview estates ltd

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firstview estates ltd Company Information

Share FIRSTVIEW ESTATES LTD

Company Number

04413791

Shareholders

alexander hoffman

Group Structure

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Industry

Buying and selling of own real estate

 

Registered Address

115 craven park road, london, N15 6BL

Website

-

firstview estates ltd Estimated Valuation

£511.6k

Pomanda estimates the enterprise value of FIRSTVIEW ESTATES LTD at £511.6k based on a Turnover of £181.3k and 2.82x industry multiple (adjusted for size and gross margin).

firstview estates ltd Estimated Valuation

£369k

Pomanda estimates the enterprise value of FIRSTVIEW ESTATES LTD at £369k based on an EBITDA of £60.8k and a 6.07x industry multiple (adjusted for size and gross margin).

firstview estates ltd Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of FIRSTVIEW ESTATES LTD at £1.3m based on Net Assets of £857.8k and 1.51x industry multiple (adjusted for liquidity).

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Firstview Estates Ltd Overview

Firstview Estates Ltd is a live company located in london, N15 6BL with a Companies House number of 04413791. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2002, it's largest shareholder is alexander hoffman with a 100% stake. Firstview Estates Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £181.3k with high growth in recent years.

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Firstview Estates Ltd Health Check

Pomanda's financial health check has awarded Firstview Estates Ltd a 4 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

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £181.3k, make it smaller than the average company (£812.4k)

£181.3k - Firstview Estates Ltd

£812.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (2.6%)

20% - Firstview Estates Ltd

2.6% - Industry AVG

production

Production

with a gross margin of 70.1%, this company has a comparable cost of product (70.1%)

70.1% - Firstview Estates Ltd

70.1% - Industry AVG

profitability

Profitability

an operating margin of 33.4% make it more profitable than the average company (25%)

33.4% - Firstview Estates Ltd

25% - Industry AVG

employees

Employees

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

1 - Firstview Estates Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)

£34.9k - Firstview Estates Ltd

£34.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £181.3k, this is equally as efficient (£181.3k)

£181.3k - Firstview Estates Ltd

£181.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Firstview Estates Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Firstview Estates Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Firstview Estates Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (9 weeks)

3 weeks - Firstview Estates Ltd

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35.7%, this is a lower level of debt than the average (65.5%)

35.7% - Firstview Estates Ltd

65.5% - Industry AVG

FIRSTVIEW ESTATES LTD financials

EXPORTms excel logo

Firstview Estates Ltd's latest turnover from October 2023 is estimated at £181.3 thousand and the company has net assets of £857.8 thousand. According to their latest financial statements, Firstview Estates Ltd has 1 employee and maintains cash reserves of £15.6 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
Turnover181,28266,944200,540105,539232,977102,891617,000372,451314,759173,359166,748203,919
Other Income Or Grants
Cost Of Sales54,17921,80562,81834,01473,31534,144208,040153,534124,24167,94860,01278,054
Gross Profit127,10345,139137,72271,525159,66268,747408,960218,917190,518105,411106,737125,865
Admin Expenses66,5554,135132,94820,099107,78126,223-62,445-45,479351,818169,129186,30493,87795,019121,145-43,185
Operating Profit60,54841,0044,77451,42651,88142,52462,44545,47957,14249,7884,21411,53411,7184,72043,185
Interest Payable22,39918,57315,30216,77020,08421,52721,22313,4695,3535,4832,773
Interest Receivable1,05942626362472668051128211145475510877
Pre-Tax Profit39,20822,857-10,50234,69332,04421,26341,30232,06151,91844,5161,58611,58211,7734,82843,263
Tax-9,802-4,343-6,592-6,088-4,040-7,847-6,412-10,383-9,348-365-2,780-3,061-1,352-12,113
Profit After Tax29,40618,514-10,50228,10125,95617,22333,45525,64941,53435,1681,2218,8028,7123,47631,149
Dividends Paid
Retained Profit29,40618,514-10,50228,10125,95617,22333,45525,64941,53435,1681,2218,8028,7123,47631,149
Employee Costs34,87236,78935,62936,84739,88238,849107,31570,32471,25533,40833,41567,042
Number Of Employees111111322112
EBITDA*60,80641,3085,13151,84752,43243,12063,08145,88457,60649,9254,44411,82012,0774,72043,745

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets1,4641,7222,0262,3832,8043,3553,6042,2981,8577815,9181,1481,434
Intangible Assets
Investments & Other1,200,0001,200,0001,200,0001,069,3521,069,3521,069,3521,050,0001,050,0001,050,000581,882519,899374,162374,162375,955376,401
Debtors (Due After 1 year)
Total Fixed Assets1,201,4641,201,7221,202,0261,071,7351,072,1561,072,7071,053,6041,052,2981,051,857582,663525,817375,310375,596375,955376,401
Stock & work in progress
Trade Debtors57251,89217,54216,89216,89216,89216,89219,640
Group Debtors
Misc Debtors115,892103,892103,892103,89251,89251,89251,89251,892
Cash15,55224,79713,07039,39933,04232,74638,19925,66715,50935,75048,8329,1799,77512,36730,913
misc current assets
total current assets131,444129,261116,962143,29184,93484,63890,09177,55967,40153,29265,72426,07126,66729,25950,553
total assets1,332,9081,330,9831,318,9881,215,0261,157,0901,157,3451,143,6951,129,8571,119,258635,955591,541401,381402,263405,214426,954
Bank overdraft
Bank loan
Trade Creditors 47600149,469160,911134,69416,86213,08544,11757,073
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities223,343225,640158,115171,649168,357170,836153,968153,348
total current liabilities223,343225,640158,115171,696168,357171,436153,968153,348149,469160,911134,69416,86213,08544,11757,073
loans186,509211,693238,556263,163286,667308,401329,442349,67981,33483,37585,326
hp & lease commitments
Accruals and Deferred Income
other liabilities47,18150,000287,274303,140318,160332,379345,840326,471338,731
provisions65,28365,28365,28340,46040,46040,460
total long term liabilities251,792276,976351,020353,623327,127348,861329,442349,679368,608386,515403,486332,379345,840326,471338,731
total liabilities475,135502,616509,135525,319495,484520,297483,410503,027518,077547,426538,180349,241358,925370,588395,804
net assets857,773828,367809,853689,707661,606637,048660,285626,830601,18188,52953,36152,14043,33834,62631,150
total shareholders funds857,773828,367809,853689,707661,606637,048660,285626,830601,18188,52953,36152,14043,33834,62631,150
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit60,54841,0044,77451,42651,88142,52462,44545,47957,14249,7884,21411,53411,7184,72043,185
Depreciation258304357421551596636405464137230286359560
Amortisation
Tax-9,802-4,343-6,592-6,088-4,040-7,847-6,412-10,383-9,348-365-2,780-3,061-1,352-12,113
Stock
Debtors11,42857252,00034,350650-2,74819,640
Creditors-4747-600600-149,469-11,44226,217117,8323,777-31,032-12,95657,073
Accruals and Deferred Income-2,29767,525-13,5343,292-2,47916,868620153,348
Deferred Taxes & Provisions24,82340,460
Cash flow from operations37,279103,91816,373-3,40643,26597,00855,85443,3511,43166,144121,91112,817-22,016-6,84069,065
Investing Activities
capital expenditure-347-1,942-846-1,5405,000-5,000-1,793-560
Change in Investments130,64819,352468,11861,983145,737-1,793-446376,401
cash flow from investments-130,648-19,699-1,942-846-469,658-56,983-150,737446-376,961
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-25,184-26,863-24,607-23,504-21,734-21,041-20,237268,345-2,041-1,95185,326
Hire Purchase and Lease Commitments
other long term liabilities-47,181-2,81950,000-287,274-15,866-15,020-14,219-13,46119,369-12,260338,731
share issue130,648-1,398-40,460471,1181
interest-21,340-18,147-15,276-16,734-19,837-21,261-21,143-13,418-5,225-5,272-2,628475510877
cash flow from financing-46,524-92,19187,9469,762-42,969-82,762-41,380-32,347447,986-22,24368,479-13,41419,424-12,152338,809
cash and cash equivalents
cash-9,24511,727-26,3296,357296-5,45312,53210,158-20,241-13,08239,653-596-2,592-18,54630,913
overdraft
change in cash-9,24511,727-26,3296,357296-5,45312,53210,158-20,241-13,08239,653-596-2,592-18,54630,913

firstview estates ltd 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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Firstview Estates Ltd Competitor Analysis

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Perform a competitor analysis for firstview estates ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N15 area or any other competitors across 12 key performance metrics.

firstview estates ltd Ownership

FIRSTVIEW ESTATES LTD group structure

Firstview Estates Ltd has no subsidiary companies.

Ultimate parent company

FIRSTVIEW ESTATES LTD

04413791

FIRSTVIEW ESTATES LTD Shareholders

alexander hoffman 100%

firstview estates ltd directors

Firstview Estates Ltd currently has 1 director, Mr Alexander Hoffman serving since Apr 2002.

officercountryagestartendrole
Mr Alexander HoffmanEngland75 years Apr 2002- Director

P&L

October 2023

turnover

181.3k

+171%

operating profit

60.5k

0%

gross margin

70.2%

+3.98%

turnover

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

Balance Sheet

October 2023

net assets

857.8k

+0.04%

total assets

1.3m

0%

cash

15.6k

-0.37%

net assets

Total assets minus all liabilities

firstview estates ltd company details

company number

04413791

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

April 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

N/A

accountant

VENITT AND GREAVES

auditor

-

address

115 craven park road, london, N15 6BL

Bank

-

Legal Advisor

-

firstview estates 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 4 charges/mortgages relating to firstview estates ltd. Currently there are 4 open charges and 0 have been satisfied in the past.

firstview estates 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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firstview estates ltd Companies House Filings - See Documents

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