watson & varley properties limited
watson & varley properties limited Company Information
Company Number
04455214
Next Accounts
85 days late
Directors
Shareholders
mary rose lees
william anthony lees
Group Structure
View All
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
7 thornfield road, linthorpe middlesbrough, cleveland, TS5 5LA
Website
-watson & varley properties limited Estimated Valuation
Pomanda estimates the enterprise value of WATSON & VARLEY PROPERTIES LIMITED at £109.1k based on a Turnover of £44.4k and 2.46x industry multiple (adjusted for size and gross margin).
watson & varley properties limited Estimated Valuation
Pomanda estimates the enterprise value of WATSON & VARLEY PROPERTIES LIMITED at £0 based on an EBITDA of £-14.2k and a 4.8x industry multiple (adjusted for size and gross margin).
watson & varley properties limited Estimated Valuation
Pomanda estimates the enterprise value of WATSON & VARLEY PROPERTIES LIMITED at £27.7k based on Net Assets of £15.9k and 1.75x industry multiple (adjusted for liquidity).
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Watson & Varley Properties Limited Overview
Watson & Varley Properties Limited is a live company located in cleveland, TS5 5LA with a Companies House number of 04455214. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2002, it's largest shareholder is mary rose lees with a 50% stake. Watson & Varley Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £44.4k with declining growth in recent years.
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Watson & Varley Properties Limited Health Check
Pomanda's financial health check has awarded Watson & Varley Properties Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £44.4k, make it smaller than the average company (£806.8k)
- Watson & Varley Properties Limited
£806.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (1.9%)
- Watson & Varley Properties Limited
1.9% - Industry AVG
Production
with a gross margin of 33.3%, this company has a higher cost of product (74.8%)
- Watson & Varley Properties Limited
74.8% - Industry AVG
Profitability
an operating margin of -31.9% make it less profitable than the average company (36.2%)
- Watson & Varley Properties Limited
36.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Watson & Varley Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Watson & Varley Properties Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £44.4k, this is less efficient (£169.4k)
- Watson & Varley Properties Limited
£169.4k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (32 days)
- Watson & Varley Properties Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (38 days)
- Watson & Varley Properties Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Watson & Varley Properties Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Watson & Varley Properties Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.6%, this is a higher level of debt than the average (63%)
96.6% - Watson & Varley Properties Limited
63% - Industry AVG
WATSON & VARLEY PROPERTIES LIMITED financials
Watson & Varley Properties Limited's latest turnover from March 2023 is estimated at £44.4 thousand and the company has net assets of £15.9 thousand. According to their latest financial statements, Watson & Varley Properties Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1 | |||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 11,118 | 6,368 | ||||||||||||
| Interest Payable | 9,538 | 8,129 | ||||||||||||
| Interest Receivable | 1,037 | 1,037 | ||||||||||||
| Pre-Tax Profit | 2,617 | -724 | ||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | 2,617 | -724 | ||||||||||||
| Dividends Paid | 12,000 | |||||||||||||
| Retained Profit | -9,383 | -724 | ||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* | 11,118 | 6,368 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 454,745 | 458,745 | 462,745 | 446,745 | 446,745 | 446,745 | 446,745 | 447,513 | 448,281 | 449,049 | 449,817 | 569,080 | 569,080 | 569,080 |
| Intangible Assets | ||||||||||||||
| Investments & Other | 2 | |||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 454,745 | 458,745 | 462,745 | 446,747 | 446,745 | 446,745 | 446,745 | 447,513 | 448,281 | 449,049 | 449,817 | 569,080 | 569,080 | 569,080 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 9,541 | 19,700 | 74,807 | 40,575 | 72,461 | 45,476 | 47,104 | 67,851 | 44,937 | 44,795 | 39,948 | 40,248 | ||
| Group Debtors | ||||||||||||||
| Misc Debtors | 45,475 | 71,879 | 26,771 | 20,954 | ||||||||||
| Cash | 3,702 | |||||||||||||
| misc current assets | 12,363 | |||||||||||||
| total current assets | 9,541 | 19,700 | 74,807 | 40,575 | 57,838 | 71,879 | 72,461 | 72,247 | 68,058 | 67,851 | 44,937 | 44,795 | 43,650 | 40,248 |
| total assets | 464,286 | 478,445 | 537,552 | 487,322 | 504,583 | 518,624 | 519,206 | 519,760 | 516,339 | 516,900 | 494,754 | 613,875 | 612,730 | 609,328 |
| Bank overdraft | 9,822 | 9,230 | ||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 5,950 | 5,950 | 5,950 | 3,451 | 14,338 | 12,489 | 14,612 | 9,275 | 2,078 | 4,540 | 9,395 | 9,522 | ||
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 5,250 | |||||||||||||
| total current liabilities | 5,950 | 5,950 | 5,950 | 3,451 | 9,822 | 14,480 | 14,338 | 12,489 | 14,612 | 9,275 | 2,078 | 4,540 | 9,395 | 9,522 |
| loans | 392,477 | 392,477 | ||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 442,477 | 442,477 | 442,477 | 392,477 | 392,477 | 392,477 | 392,477 | 392,477 | 392,477 | 392,477 | 392,477 | |||
| provisions | 392,477 | |||||||||||||
| total long term liabilities | 442,477 | 442,477 | 442,477 | 392,477 | 392,477 | 392,477 | 392,477 | 392,477 | 392,477 | 392,477 | 392,477 | 392,477 | 392,477 | 392,477 |
| total liabilities | 448,427 | 448,427 | 448,427 | 395,928 | 402,299 | 406,957 | 406,815 | 404,966 | 407,089 | 401,752 | 394,555 | 397,017 | 401,872 | 401,999 |
| net assets | 15,859 | 30,018 | 89,125 | 91,394 | 102,284 | 111,667 | 112,391 | 114,794 | 109,250 | 115,148 | 100,199 | 216,858 | 210,858 | 207,329 |
| total shareholders funds | 15,859 | 30,018 | 89,125 | 91,394 | 102,284 | 111,667 | 112,391 | 114,794 | 109,250 | 115,148 | 100,199 | 216,858 | 210,858 | 207,329 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 11,118 | 6,368 | ||||||||||||
| Depreciation | 4,000 | 4,000 | 768 | 768 | 768 | 768 | ||||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | -10,159 | -55,107 | 34,232 | -4,900 | -26,404 | -582 | 214 | 4,189 | 207 | 22,914 | 142 | 4,847 | -300 | 40,248 |
| Creditors | 2,499 | 3,451 | -14,338 | 1,849 | -2,123 | 5,337 | 7,197 | -2,462 | -4,855 | -127 | 9,522 | |||
| Accruals and Deferred Income | -5,250 | 5,250 | ||||||||||||
| Deferred Taxes & Provisions | -392,477 | 392,477 | ||||||||||||
| Cash flow from operations | 32,272 | -2,138 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -2 | 2 | ||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -392,477 | 392,477 | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | 50,000 | 392,477 | -392,477 | 392,477 | -392,477 | 392,477 | ||||||||
| share issue | ||||||||||||||
| interest | -8,501 | -7,092 | ||||||||||||
| cash flow from financing | -8,501 | -7,092 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -3,702 | 3,702 | ||||||||||||
| overdraft | -9,822 | 592 | 9,230 | |||||||||||
| change in cash | 9,822 | -592 | -9,230 | -3,702 | 3,702 |
watson & varley properties limited Credit Report and Business Information
Watson & Varley Properties Limited Competitor Analysis
Perform a competitor analysis for watson & varley properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in TS5 area or any other competitors across 12 key performance metrics.
watson & varley properties limited Ownership
WATSON & VARLEY PROPERTIES LIMITED group structure
Watson & Varley Properties Limited has no subsidiary companies.
Ultimate parent company
WATSON & VARLEY PROPERTIES LIMITED
04455214
watson & varley properties limited directors
Watson & Varley Properties Limited currently has 1 director, Mr William Lees serving since Apr 2005.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Lees | 63 years | Apr 2005 | - | Director |
P&L
March 2023turnover
44.4k
-33%
operating profit
-14.2k
0%
gross margin
33.4%
+2.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
15.9k
-0.47%
total assets
464.3k
-0.03%
cash
0
0%
net assets
Total assets minus all liabilities
watson & varley properties limited company details
company number
04455214
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
June 2002
age
23
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
7 thornfield road, linthorpe middlesbrough, cleveland, TS5 5LA
Bank
-
Legal Advisor
-
watson & varley 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 11 charges/mortgages relating to watson & varley properties limited. Currently there are 11 open charges and 0 have been satisfied in the past.
watson & varley 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 WATSON & VARLEY PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.
watson & varley properties limited Companies House Filings - See Documents
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