starfish properties limited

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starfish properties limited Company Information

Share STARFISH PROPERTIES LIMITED

Company Number

04730140

Shareholders

mr michael george artemis

Group Structure

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Industry

Buying and selling of own real estate

 

Registered Address

lifford hall liffford lane, kings norton, birmingham, west midlands, B30 3JN

starfish properties limited Estimated Valuation

£2.5m

Pomanda estimates the enterprise value of STARFISH PROPERTIES LIMITED at £2.5m based on a Turnover of £1.3m and 1.99x industry multiple (adjusted for size and gross margin).

starfish properties limited Estimated Valuation

£0

Pomanda estimates the enterprise value of STARFISH PROPERTIES LIMITED at £0 based on an EBITDA of £-6.7k and a 4.28x industry multiple (adjusted for size and gross margin).

starfish properties limited Estimated Valuation

£717.6k

Pomanda estimates the enterprise value of STARFISH PROPERTIES LIMITED at £717.6k based on Net Assets of £474.6k and 1.51x industry multiple (adjusted for liquidity).

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Starfish Properties Limited Overview

Starfish Properties Limited is a live company located in birmingham, B30 3JN with a Companies House number of 04730140. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2003, it's largest shareholder is mr michael george artemis with a 100% stake. Starfish Properties Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with rapid growth in recent years.

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Starfish Properties Limited Health Check

Pomanda's financial health check has awarded Starfish Properties Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £1.3m, make it larger than the average company (£812.4k)

£1.3m - Starfish Properties Limited

£812.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 56%, show it is growing at a faster rate (2.6%)

56% - Starfish Properties Limited

2.6% - Industry AVG

production

Production

with a gross margin of 26.4%, this company has a higher cost of product (70.1%)

26.4% - Starfish Properties Limited

70.1% - Industry AVG

profitability

Profitability

an operating margin of -0.5% make it less profitable than the average company (25%)

-0.5% - Starfish Properties Limited

25% - Industry AVG

employees

Employees

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

1 - Starfish Properties Limited

4 - Industry AVG

paystructure

Pay Structure

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

£34.9k - Starfish Properties Limited

£34.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.3m, this is more efficient (£181.3k)

£1.3m - Starfish Properties Limited

£181.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 127 days, this is later than average (26 days)

127 days - Starfish Properties Limited

26 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 135 days, this is slower than average (32 days)

135 days - Starfish Properties Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Starfish Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 123 weeks, this is more cash available to meet short term requirements (9 weeks)

123 weeks - Starfish Properties Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.6%, this is a higher level of debt than the average (65.5%)

75.6% - Starfish Properties Limited

65.5% - Industry AVG

STARFISH PROPERTIES LIMITED financials

EXPORTms excel logo

Starfish Properties Limited's latest turnover from October 2023 is estimated at £1.3 million and the company has net assets of £474.6 thousand. According to their latest financial statements, Starfish Properties Limited has 1 employee and maintains cash reserves of £831.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover1,274,5441,208,855161,431334,868411,987103,606151,959171,619226,637153,47130,063869,300224,385644,748
Other Income Or Grants
Cost Of Sales938,481882,552121,576265,200317,79177,340114,599129,278170,046118,80723,792698,602182,859534,858
Gross Profit336,063326,30239,85569,66994,19626,26737,36042,34156,59134,6646,272170,69941,526109,890
Admin Expenses343,061329,549-89,69036,502-93,930-66,426-10,749-14,52949,623-176,807-44,313152,66523,790187,233
Operating Profit-6,998-3,247129,54533,167188,12692,69348,10956,8706,968211,47150,58518,03417,736-77,343
Interest Payable8,31610,55310,67111,64522,99835,76026,57018,92422,58135,50023,254
Interest Receivable43,60324,2369847634,5572,9458264534369016333322613
Pre-Tax Profit28,28910,436119,85822,285169,68459,87822,36438,399-15,177176,06127,49518,36717,962-77,330
Tax-7,072-1,983-22,773-4,234-32,240-11,377-4,249-7,680-36,973-6,324-4,408-4,670
Profit After Tax21,2178,45397,08518,051137,44448,50118,11530,719-15,177139,08821,17113,95913,292-77,330
Dividends Paid
Retained Profit21,2178,45397,08518,051137,44448,50118,11530,719-15,177139,08821,17113,95913,292-77,330
Employee Costs34,87236,78935,62936,84739,88238,84934,71437,55735,77235,16234,96666,62133,52765,591
Number Of Employees11111111111212
EBITDA*-6,746-2,691130,12333,689188,64993,25448,67057,4316,968211,47153,94118,03417,828-77,249

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets657,034657,070656,876657,321657,8431,384,5381,383,0091,376,9031,362,187982,9641,260,0592,353,164
Intangible Assets
Investments & Other9,2509,2509,2509,2509,250745,634718,340
Debtors (Due After 1 year)
Total Fixed Assets666,284666,320666,126666,571667,0931,384,5381,383,0091,376,9031,362,187982,9641,260,059745,634718,3402,353,164
Stock & work in progress185,839
Trade Debtors445,651447,435119,079113,1001,6001,6001,6002,1871,6003,8031,2823,299
Group Debtors
Misc Debtors
Cash831,682829,3681,324,932642,436883,377331,692453,643206,788155,84118,40417,44847,82485,3195,143
misc current assets
total current assets1,277,3331,276,8031,324,932761,515996,477333,292455,243394,227158,02820,00421,25147,82486,6018,442
total assets1,943,6171,943,1231,991,0581,428,0861,663,5701,717,8301,838,2521,771,1301,520,2151,002,9681,281,310793,458804,9412,361,606
Bank overdraft28,47528,247
Bank loan
Trade Creditors 349,324283,801253,156220,650387,365313,073583,853784,912761,156344,36547,536843,535868,9772,438,934
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities349,324283,801253,156220,650387,365313,073583,853784,912761,156372,84075,783843,535868,9772,438,934
loans44,572103,262152,565197,295184,515496,911562,654287,588317,992348,328687,250
hp & lease commitments
Accruals and Deferred Income
other liabilities1,075,1311,102,6871,140,417662,306761,906715,506547,906572,906346,062171,618547,183
provisions
total long term liabilities1,119,7031,205,9491,292,982859,601946,4211,212,4171,110,560860,494664,054519,9461,234,433
total liabilities1,469,0271,489,7501,546,1381,080,2511,333,7861,525,4901,694,4131,645,4061,425,210892,7861,310,216843,535868,9772,438,934
net assets474,590453,373444,920347,835329,784192,340143,839125,72495,005110,182-28,906-50,077-64,036-77,328
total shareholders funds474,590453,373444,920347,835329,784192,340143,839125,72495,005110,182-28,906-50,077-64,036-77,328
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-6,998-3,247129,54533,167188,12692,69348,10956,8706,968211,47150,58518,03417,736-77,343
Depreciation2525565785225235615615613,3569294
Amortisation
Tax-7,072-1,983-22,773-4,234-32,240-11,377-4,249-7,680-36,973-6,324-4,408-4,670
Stock-185,839185,839
Debtors-1,784447,435-119,0795,979111,500-587587-2,2033,803-1,282-2,0173,299
Creditors65,52330,64532,506-166,71574,292-270,780-201,05923,756416,791296,829-795,999-25,442-1,569,9572,438,934
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations53,489-421,464258,935-143,239119,201-188,90329,201-111,745423,172473,530-752,185-10,534-1,554,7822,358,386
Investing Activities
capital expenditure-216-750-133726,172-2,090-6,667-15,277-379,223277,095-1,263,4152,353,072-2,353,258
Change in Investments9,250-745,63427,294718,340
cash flow from investments-216-750-133716,922-2,090-6,667-15,277-379,223277,095-517,781-27,2941,634,732-2,353,258
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-58,690-49,303-44,73012,780-312,396-65,743275,066-30,404-30,336-338,922687,250
Hire Purchase and Lease Commitments
other long term liabilities-27,556-37,730478,111-99,60046,400167,600-25,000226,844174,444-375,565547,183
share issue2
interest35,28713,683-9,687-10,882-18,441-32,815-25,744-18,471-22,145-35,410-23,09133322613
cash flow from financing-50,959-73,350423,694-97,702-284,43769,042224,322177,969121,963-749,8971,211,34233322615
cash and cash equivalents
cash2,314-495,564682,496-240,941551,685-121,951246,85550,947137,437956-30,376-37,49580,1765,143
overdraft-28,47522828,247
change in cash2,314-495,564682,496-240,941551,685-121,951246,85550,947165,912728-58,623-37,49580,1765,143

starfish properties limited 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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Starfish Properties Limited Competitor Analysis

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Perform a competitor analysis for starfish properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in B30 area or any other competitors across 12 key performance metrics.

starfish properties limited Ownership

STARFISH PROPERTIES LIMITED group structure

Starfish Properties Limited has no subsidiary companies.

Ultimate parent company

STARFISH PROPERTIES LIMITED

04730140

STARFISH PROPERTIES LIMITED Shareholders

mr michael george artemis 100%

starfish properties limited directors

Starfish Properties Limited currently has 1 director, Mr Michael Artemis serving since Apr 2017.

officercountryagestartendrole
Mr Michael ArtemisUnited Kingdom63 years Apr 2017- Director

P&L

October 2023

turnover

1.3m

+5%

operating profit

-7k

0%

gross margin

26.4%

-2.32%

turnover

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

Balance Sheet

October 2023

net assets

474.6k

+0.05%

total assets

1.9m

0%

cash

831.7k

0%

net assets

Total assets minus all liabilities

starfish properties limited company details

company number

04730140

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

April 2003

age

22

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

October 2023

previous names

reed square properties (birmingham) limited (April 2003)

accountant

LANGARD LIFFORD HALL LIMITED

auditor

-

address

lifford hall liffford lane, kings norton, birmingham, west midlands, B30 3JN

Bank

-

Legal Advisor

-

starfish 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 6 charges/mortgages relating to starfish properties limited. Currently there are 4 open charges and 2 have been satisfied in the past.

starfish 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 STARFISH PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.

starfish properties limited Companies House Filings - See Documents

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