the association of real estate funds
the association of real estate funds Company Information
Group Structure
View All
Industry
Activities of business and employers membership organisations
Registered Address
71-75 shelton street, london, WC2H 9JQ
Website
http://aref.org.ukthe association of real estate funds Estimated Valuation
Pomanda estimates the enterprise value of THE ASSOCIATION OF REAL ESTATE FUNDS at £795.5k based on a Turnover of £1m and 0.79x industry multiple (adjusted for size and gross margin).
the association of real estate funds Estimated Valuation
Pomanda estimates the enterprise value of THE ASSOCIATION OF REAL ESTATE FUNDS at £0 based on an EBITDA of £-114.4k and a 3.88x industry multiple (adjusted for size and gross margin).
the association of real estate funds Estimated Valuation
Pomanda estimates the enterprise value of THE ASSOCIATION OF REAL ESTATE FUNDS at £1m based on Net Assets of £450k and 2.28x industry multiple (adjusted for liquidity).
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The Association Of Real Estate Funds Overview
The Association Of Real Estate Funds is a live company located in london, WC2H 9JQ with a Companies House number of 04601584. It operates in the activities of business and employers membership organizations sector, SIC Code 94110. Founded in November 2002, it's largest shareholder is unknown. The Association Of Real Estate Funds is a mature, small sized company, Pomanda has estimated its turnover at £1m with low growth in recent years.
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The Association Of Real Estate Funds Health Check
Pomanda's financial health check has awarded The Association Of Real Estate Funds a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
2 Weak
Size
annual sales of £1m, make it in line with the average company (£1.2m)
£1m - The Association Of Real Estate Funds
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a similar rate (2.2%)
2% - The Association Of Real Estate Funds
2.2% - Industry AVG
Production
with a gross margin of 88.3%, this company has a comparable cost of product (74.8%)
88.3% - The Association Of Real Estate Funds
74.8% - Industry AVG
Profitability
an operating margin of -11.5% make it less profitable than the average company (1.5%)
-11.5% - The Association Of Real Estate Funds
1.5% - Industry AVG
Employees
with 10 employees, this is below the industry average (15)
- The Association Of Real Estate Funds
15 - Industry AVG
Pay Structure
on an average salary of £8.2k, the company has a lower pay structure (£47.9k)
- The Association Of Real Estate Funds
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £101.2k, this is equally as efficient (£108.2k)
- The Association Of Real Estate Funds
£108.2k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (38 days)
5 days - The Association Of Real Estate Funds
38 days - Industry AVG
Creditor Days
its suppliers are paid after 554 days, this is slower than average (49 days)
554 days - The Association Of Real Estate Funds
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Association Of Real Estate Funds
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 100 weeks, this is more cash available to meet short term requirements (67 weeks)
100 weeks - The Association Of Real Estate Funds
67 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.9%, this is a similar level of debt than the average (43.5%)
43.9% - The Association Of Real Estate Funds
43.5% - Industry AVG
THE ASSOCIATION OF REAL ESTATE FUNDS financials
The Association Of Real Estate Funds's latest turnover from September 2023 is £1 million and the company has net assets of £450 thousand. According to their latest financial statements, we estimate that The Association Of Real Estate Funds has 10 employees and maintains cash reserves of £679.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,011,658 | 986,354 | 945,528 | 955,977 | 1,007,921 | 735,129 | 691,225 | 685,692 | 689,346 | 672,871 | 536,698 | 542,672 | 470,723 | 424,031 | 379,577 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 118,072 | 76,773 | 69,798 | 77,869 | 82,178 | 86,699 | 69,382 | 72,501 | 56,368 | 49,770 | 40,049 | 36,460 | 26,804 | ||
| Gross Profit | 893,586 | 909,581 | 945,528 | 955,977 | 938,123 | 657,260 | 609,047 | 598,993 | 619,964 | 600,370 | 480,330 | 492,902 | 430,674 | 387,571 | 352,773 |
| Admin Expenses | 1,010,205 | 917,798 | 885,333 | 884,701 | 841,411 | 717,552 | 650,400 | 554,120 | 536,748 | 525,975 | 485,518 | 451,558 | 356,440 | 340,850 | 342,510 |
| Operating Profit | -116,619 | -8,217 | 60,195 | 71,276 | 96,712 | -60,292 | -41,353 | 44,873 | 83,216 | 74,395 | -5,188 | 41,344 | 74,234 | 46,721 | 10,263 |
| Interest Payable | |||||||||||||||
| Interest Receivable | 3,254 | 173 | 8 | 891 | 1,385 | 1,564 | 1,634 | 3,365 | 1,543 | 2,872 | 1,783 | 129 | 131 | 288 | |
| Pre-Tax Profit | -113,365 | -8,044 | 60,203 | 71,276 | 97,603 | -58,907 | -39,789 | 46,507 | 86,581 | 75,938 | -2,316 | 43,127 | 74,363 | 46,852 | 10,551 |
| Tax | -651 | -2 | -169 | -263 | -305 | -325 | -673 | -283 | -574 | -356 | -27 | -27 | -64 | ||
| Profit After Tax | -114,016 | -8,044 | 60,201 | 71,276 | 97,434 | -59,170 | -40,094 | 46,182 | 85,908 | 75,655 | -2,890 | 42,771 | 74,336 | 46,825 | 10,487 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -114,016 | -8,044 | 60,201 | 71,276 | 97,434 | -59,170 | -40,094 | 46,182 | 85,908 | 75,655 | -2,890 | 42,771 | 74,336 | 46,825 | 10,487 |
| Employee Costs | 82,241 | 31,000 | 12,000 | 39,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,017 | ||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | -114,356 | 3,505 | 82,972 | 93,460 | 109,597 | -59,902 | -41,140 | 44,873 | 83,292 | 74,698 | -4,885 | 41,394 | 74,234 | 46,721 | 10,263 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 433 | 42 | 190 | 445 | 205 | 609 | 881 | 252 | 555 | 858 | |||||
| Intangible Assets | 1,444 | 3,611 | 15,185 | 31,206 | 51,721 | ||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,877 | 3,653 | 15,375 | 31,651 | 51,926 | 609 | 881 | 252 | 555 | 858 | |||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 15,180 | 480 | 6,000 | 11,472 | 25,511 | 1,362 | 1,404 | 516 | 9,838 | 12,674 | 4,278 | 8,208 | 2,268 | ||
| Group Debtors | |||||||||||||||
| Misc Debtors | 105,249 | 74,361 | 59,371 | 37,460 | 79,041 | 59,488 | 50,726 | 38,834 | 46,493 | 34,417 | 26,253 | 44,183 | 17,585 | 21,266 | 13,104 |
| Cash | 679,845 | 727,470 | 749,931 | 667,583 | 454,867 | 576,590 | 624,244 | 575,463 | 512,179 | 522,879 | 192,310 | 170,756 | 283,669 | 176,604 | 135,834 |
| misc current assets | 200,000 | 200,000 | |||||||||||||
| total current assets | 800,274 | 802,311 | 815,302 | 716,515 | 559,419 | 637,440 | 676,374 | 614,813 | 568,510 | 569,970 | 422,841 | 423,147 | 303,522 | 197,870 | 148,938 |
| total assets | 802,151 | 805,964 | 830,677 | 748,166 | 611,345 | 638,049 | 677,255 | 614,813 | 568,510 | 570,222 | 423,396 | 424,005 | 303,522 | 197,870 | 148,938 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 179,462 | 19,089 | 5,923 | 2,541 | 10,695 | 137,210 | 111,488 | 5,163 | 9,064 | 89,447 | 79,460 | 87,009 | 6,667 | 5,492 | |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 172,736 | 222,906 | 252,741 | 233,813 | 160,114 | 157,737 | 163,495 | 167,284 | 163,262 | 170,499 | 109,315 | 99,485 | 102,115 | 77,466 | 69,867 |
| total current liabilities | 352,198 | 241,995 | 258,664 | 236,354 | 170,809 | 294,947 | 274,983 | 172,447 | 172,326 | 259,946 | 188,775 | 186,494 | 108,782 | 77,466 | 75,359 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 352,198 | 241,995 | 258,664 | 236,354 | 170,809 | 294,947 | 274,983 | 172,447 | 172,326 | 259,946 | 188,775 | 186,494 | 108,782 | 77,466 | 75,359 |
| net assets | 449,953 | 563,969 | 572,013 | 511,812 | 440,536 | 343,102 | 402,272 | 442,366 | 396,184 | 310,276 | 234,621 | 237,511 | 194,740 | 120,404 | 73,579 |
| total shareholders funds | 449,953 | 563,969 | 572,013 | 511,812 | 440,536 | 343,102 | 402,272 | 442,366 | 396,184 | 310,276 | 234,621 | 237,511 | 194,740 | 120,404 | 73,579 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -116,619 | -8,217 | 60,195 | 71,276 | 96,712 | -60,292 | -41,353 | 44,873 | 83,216 | 74,395 | -5,188 | 41,344 | 74,234 | 46,721 | 10,263 |
| Depreciation | 2,263 | 11,722 | 22,777 | 22,184 | 12,885 | 390 | 213 | 76 | 303 | 303 | 50 | ||||
| Amortisation | |||||||||||||||
| Tax | -651 | -2 | -169 | -263 | -305 | -325 | -673 | -283 | -574 | -356 | -27 | -27 | -64 | ||
| Stock | |||||||||||||||
| Debtors | 45,588 | 9,470 | 16,439 | -55,620 | 43,702 | 8,720 | 12,780 | -16,981 | 9,240 | 16,560 | -21,860 | 32,538 | -1,413 | 8,162 | 13,104 |
| Creditors | 160,373 | 13,166 | 3,382 | -8,154 | -126,515 | 25,722 | 106,325 | -3,901 | -80,383 | 9,987 | -7,549 | 80,342 | 6,667 | -5,492 | 5,492 |
| Accruals and Deferred Income | -50,170 | -29,835 | 18,928 | 73,699 | 2,377 | -5,758 | -3,789 | 4,022 | -7,237 | 61,184 | 9,830 | -2,630 | 24,649 | 7,599 | 69,867 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -50,392 | -22,634 | 88,841 | 214,625 | -58,412 | -48,921 | 48,311 | 61,650 | -14,241 | 129,026 | 18,682 | 86,212 | 106,936 | 40,639 | 72,454 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 3,254 | 173 | 8 | 891 | 1,385 | 1,564 | 1,634 | 3,365 | 1,543 | 2,872 | 1,783 | 129 | 131 | 288 | |
| cash flow from financing | 3,254 | 173 | 8 | 891 | 1,385 | 1,564 | 1,634 | 3,365 | 1,543 | 2,872 | 1,783 | 129 | 131 | 63,380 | |
| cash and cash equivalents | |||||||||||||||
| cash | -47,625 | -22,461 | 82,348 | 212,716 | -121,723 | -47,654 | 48,781 | 63,284 | -10,700 | 330,569 | 21,554 | -112,913 | 107,065 | 40,770 | 135,834 |
| overdraft | |||||||||||||||
| change in cash | -47,625 | -22,461 | 82,348 | 212,716 | -121,723 | -47,654 | 48,781 | 63,284 | -10,700 | 330,569 | 21,554 | -112,913 | 107,065 | 40,770 | 135,834 |
the association of real estate funds Credit Report and Business Information
The Association Of Real Estate Funds Competitor Analysis
Perform a competitor analysis for the association of real estate funds by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in WC2H area or any other competitors across 12 key performance metrics.
the association of real estate funds Ownership
THE ASSOCIATION OF REAL ESTATE FUNDS group structure
The Association Of Real Estate Funds has no subsidiary companies.
Ultimate parent company
THE ASSOCIATION OF REAL ESTATE FUNDS
04601584
the association of real estate funds directors
The Association Of Real Estate Funds currently has 11 directors. The longest serving directors include Mr Paul Richards (Jan 2014) and Mr Paolo Alonzi (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Richards | England | 67 years | Jan 2014 | - | Director |
| Mr Paolo Alonzi | United Kingdom | 52 years | Jan 2019 | - | Director |
| Mrs Rebecca Middleton | England | 37 years | Jan 2019 | - | Director |
| Mrs Anne Breen | United Kingdom | 52 years | Jul 2020 | - | Director |
| Mr Kevin Aitchison | United Kingdom | 58 years | Sep 2020 | - | Director |
| Mr William Hill | England | 64 years | Oct 2021 | - | Director |
| Mr Edmund Craston | 59 years | Oct 2021 | - | Director | |
| Mr Thomas Pinnell | England | 33 years | Sep 2023 | - | Director |
| Mr Alistair Dryer | England | 52 years | Sep 2023 | - | Director |
| Mr Andrew Grigson | England | 52 years | Sep 2023 | - | Director |
P&L
September 2023turnover
1m
+3%
operating profit
-116.6k
+1319%
gross margin
88.4%
-4.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
450k
-0.2%
total assets
802.2k
0%
cash
679.8k
-0.07%
net assets
Total assets minus all liabilities
the association of real estate funds company details
company number
04601584
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94110 - Activities of business and employers membership organisations
incorporation date
November 2002
age
23
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
the association of property unit trusts (January 2006)
accountant
-
auditor
MAZARS LLP
address
71-75 shelton street, london, WC2H 9JQ
Bank
HSBC BANK PLC
Legal Advisor
-
the association of real estate funds 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 did not find charges/mortgages relating to the association of real estate funds.
the association of real estate funds 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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the association of real estate funds Companies House Filings - See Documents
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