condie investments limited
condie investments limited Company Information
Company Number
04575048
Next Accounts
50 days late
Shareholders
john charles thornley
stephen john cox
View AllGroup 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.
+1Registered Address
fairhurst house, 7 acorn business park heaton, lane stockport, cheshire, SK4 1AS
Website
-condie investments limited Estimated Valuation
Pomanda estimates the enterprise value of CONDIE INVESTMENTS LIMITED at £1.3m based on a Turnover of £414.9k and 3.13x industry multiple (adjusted for size and gross margin).
condie investments limited Estimated Valuation
Pomanda estimates the enterprise value of CONDIE INVESTMENTS LIMITED at £1.9m based on an EBITDA of £302.4k and a 6.44x industry multiple (adjusted for size and gross margin).
condie investments limited Estimated Valuation
Pomanda estimates the enterprise value of CONDIE INVESTMENTS LIMITED at £10.1m based on Net Assets of £6m and 1.68x industry multiple (adjusted for liquidity).
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Condie Investments Limited Overview
Condie Investments Limited is a live company located in lane stockport, SK4 1AS with a Companies House number of 04575048. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2002, it's largest shareholder is john charles thornley with a 60% stake. Condie Investments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £414.9k with declining growth in recent years.
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Condie Investments Limited Health Check
Pomanda's financial health check has awarded Condie Investments Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £414.9k, make it smaller than the average company (£854.5k)
- Condie Investments Limited
£854.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (2%)
- Condie Investments Limited
2% - Industry AVG
Production
with a gross margin of 70.6%, this company has a comparable cost of product (70.6%)
- Condie Investments Limited
70.6% - Industry AVG
Profitability
an operating margin of 70.8% make it more profitable than the average company (35.6%)
- Condie Investments Limited
35.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Condie Investments Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.9k, the company has an equivalent pay structure (£32.9k)
- Condie Investments Limited
£32.9k - Industry AVG
Efficiency
resulting in sales per employee of £138.3k, this is less efficient (£184.3k)
- Condie Investments Limited
£184.3k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is near the average (29 days)
- Condie Investments Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 271 days, this is slower than average (34 days)
- Condie Investments Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Condie Investments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (11 weeks)
19 weeks - Condie Investments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.9%, this is a lower level of debt than the average (63.3%)
50.9% - Condie Investments Limited
63.3% - Industry AVG
CONDIE INVESTMENTS LIMITED financials
Condie Investments Limited's latest turnover from March 2023 is estimated at £414.9 thousand and the company has net assets of £6 million. According to their latest financial statements, Condie Investments Limited has 3 employees and maintains cash reserves of £220 thousand 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 | 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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||||||
| EBITDA* |
* 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 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 26,032 | 34,709 | 14,190 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,859 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 11,899,408 | 10,980,500 | 10,174,777 | 10,160,727 | 10,092,400 | 10,584,400 | 9,815,777 | 10,270,000 | 9,765,000 | 9,774,773 | 9,745,166 | 9,810,705 | 10,819,000 | 13,419,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 11,925,440 | 11,015,209 | 10,188,967 | 10,160,727 | 10,092,400 | 10,584,400 | 9,815,777 | 10,270,000 | 9,765,000 | 9,774,773 | 9,745,166 | 9,810,705 | 10,819,000 | 13,420,859 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 33,317 | 153,998 | 62,192 | 110,376 | 88,053 | 56,437 | 83,189 | 285,450 | 439,739 | 609,492 | 593,544 | 543,270 | 431,693 | 333,399 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 87,445 | 184,477 | 200,343 | 179,766 | 180,524 | 229,897 | 232,492 | 202,484 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 220,008 | 503,371 | 465,373 | 472,729 | 511,279 | 477,500 | 642,291 | 609,104 | 1,177,069 | 609,217 | 457,762 | 616,683 | 606,609 | 688,839 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 340,770 | 841,846 | 727,908 | 762,871 | 779,856 | 763,834 | 957,972 | 1,097,038 | 1,616,808 | 1,218,709 | 1,051,306 | 1,159,953 | 1,038,302 | 1,022,238 |
| total assets | 12,266,210 | 11,857,055 | 10,916,875 | 10,923,598 | 10,872,256 | 11,348,234 | 10,773,749 | 11,367,038 | 11,381,808 | 10,993,482 | 10,796,472 | 10,970,658 | 11,857,302 | 14,443,097 |
| Bank overdraft | 220,812 | 220,812 | 220,812 | 220,812 | 200,000 | 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 |
| Trade Creditors | 90,729 | 109,039 | 154,813 | 247,521 | 112,277 | 238,678 | 208,791 | 316,560 | 1,057,033 | 986,869 | 299,888 | 492,195 | 552,151 | 479,729 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 130,000 | 130,000 | 0 | 0 | 170,000 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 282,333 | 367,893 | 330,881 | 367,892 | 430,525 | 570,711 | 456,847 | 721,050 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 593,874 | 697,744 | 706,506 | 836,225 | 742,802 | 809,389 | 795,638 | 1,167,610 | 1,057,033 | 986,869 | 469,888 | 492,195 | 552,151 | 479,729 |
| loans | 5,199,438 | 4,476,919 | 5,496,019 | 5,580,145 | 5,800,000 | 6,204,357 | 6,204,357 | 7,104,815 | 0 | 0 | 9,034,817 | 9,124,817 | 10,193,636 | 10,351,458 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 32,000 | 132,000 | 132,000 | 132,000 | 7,714,111 | 8,789,817 | 0 | 0 | 0 | 0 |
| provisions | 449,879 | 449,879 | 159,981 | 159,981 | 148,047 | 210,860 | 271,370 | 304,040 | 115,000 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 5,649,317 | 4,926,798 | 5,656,000 | 5,740,126 | 5,980,047 | 6,547,217 | 6,607,727 | 7,540,855 | 7,829,111 | 8,789,817 | 9,034,817 | 9,124,817 | 10,193,636 | 10,351,458 |
| total liabilities | 6,243,191 | 5,624,542 | 6,362,506 | 6,576,351 | 6,722,849 | 7,356,606 | 7,403,365 | 8,708,465 | 8,886,144 | 9,776,686 | 9,504,705 | 9,617,012 | 10,745,787 | 10,831,187 |
| net assets | 6,023,019 | 6,232,513 | 4,554,369 | 4,347,247 | 4,149,407 | 3,991,628 | 3,370,384 | 2,658,573 | 2,495,664 | 1,216,796 | 1,291,767 | 1,353,646 | 1,111,515 | 3,611,910 |
| total shareholders funds | 6,023,019 | 6,232,513 | 4,554,369 | 4,347,247 | 4,149,407 | 3,991,628 | 3,370,384 | 2,658,573 | 2,495,664 | 1,216,796 | 1,291,767 | 1,353,646 | 1,111,515 | 3,611,910 |
| 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 | 8,677 | 11,570 | 4,730 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,859 | 1,859 |
| Amortisation | 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 |
| Debtors | -217,713 | 75,940 | -27,607 | 21,565 | -17,757 | -29,347 | -172,253 | 48,195 | -169,753 | 15,948 | 50,274 | 111,577 | 98,294 | 333,399 |
| Creditors | -18,310 | -45,774 | -92,708 | 135,244 | -126,401 | 29,887 | -107,769 | -740,473 | 70,164 | 686,981 | -192,307 | -59,956 | 72,422 | 479,729 |
| Accruals and Deferred Income | -85,560 | 37,012 | -37,011 | -62,633 | -140,186 | 113,864 | -264,203 | 721,050 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 289,898 | 0 | 11,934 | -62,813 | -60,510 | -32,670 | 189,040 | 115,000 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 918,908 | 805,723 | 14,050 | 68,327 | -492,000 | 768,623 | -454,223 | 505,000 | -9,773 | 29,607 | -65,539 | -1,008,295 | -2,600,000 | 13,419,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -130,000 | 0 | 130,000 | 0 | -170,000 | 170,000 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 722,519 | -1,019,100 | -84,126 | -219,855 | -404,357 | 0 | -900,458 | 7,104,815 | 0 | -9,034,817 | -90,000 | -1,068,819 | -157,822 | 10,351,458 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -32,000 | -100,000 | 0 | 0 | -7,582,111 | -1,075,706 | 8,789,817 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -283,363 | 37,998 | -7,356 | -38,550 | 33,779 | -164,791 | 33,187 | -567,965 | 567,852 | 151,455 | -158,921 | 10,074 | -82,230 | 688,839 |
| overdraft | 0 | 0 | 0 | 20,812 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -283,363 | 37,998 | -7,356 | -59,362 | -166,221 | -164,791 | 33,187 | -567,965 | 567,852 | 151,455 | -158,921 | 10,074 | -82,230 | 688,839 |
condie investments limited Credit Report and Business Information
Condie Investments Limited Competitor Analysis
Perform a competitor analysis for condie investments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SK4 area or any other competitors across 12 key performance metrics.
condie investments limited Ownership
CONDIE INVESTMENTS LIMITED group structure
Condie Investments Limited has 1 subsidiary company.
Ultimate parent company
CONDIE INVESTMENTS LIMITED
04575048
1 subsidiary
condie investments limited directors
Condie Investments Limited currently has 2 directors. The longest serving directors include Mr John Thornley (Nov 2002) and Mr Nigel Blyth (Nov 2002).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Thornley | 68 years | Nov 2002 | - | Director | |
| Mr Nigel Blyth | 56 years | Nov 2002 | - | Director |
P&L
March 2023turnover
414.9k
-61%
operating profit
293.7k
0%
gross margin
70.6%
+0.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
6m
-0.03%
total assets
12.3m
+0.03%
cash
220k
-0.56%
net assets
Total assets minus all liabilities
Similar Companies
condie investments limited company details
company number
04575048
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.
68100 - Buying and selling of own real estate
incorporation date
October 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
nevrus (913) limited (December 2002)
accountant
RAISE
auditor
-
address
fairhurst house, 7 acorn business park heaton, lane stockport, cheshire, SK4 1AS
Bank
LLOYDS TSB BANK PLC
Legal Advisor
HILL DICKINSON
condie investments 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 50 charges/mortgages relating to condie investments limited. Currently there are 8 open charges and 42 have been satisfied in the past.
condie investments 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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condie investments limited Companies House Filings - See Documents
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