patrick properties holdings limited
patrick properties holdings limited Company Information
Company Number
04744817
Website
www.patrickproperties.co.ukRegistered Address
hamilton house church street, altrincham, WA14 4DR
Industry
Development of building projects
Buying and selling of own real estate
Telephone
01618207610
Next Accounts Due
455 days late
Group Structure
View All
Shareholders
patrick properties group limited 100%
patrick properties holdings limited Estimated Valuation
Pomanda estimates the enterprise value of PATRICK PROPERTIES HOLDINGS LIMITED at £543.1k based on a Turnover of £264.6k and 2.05x industry multiple (adjusted for size and gross margin).
patrick properties holdings limited Estimated Valuation
Pomanda estimates the enterprise value of PATRICK PROPERTIES HOLDINGS LIMITED at £1.7m based on an EBITDA of £305.8k and a 5.59x industry multiple (adjusted for size and gross margin).
patrick properties holdings limited Estimated Valuation
Pomanda estimates the enterprise value of PATRICK PROPERTIES HOLDINGS LIMITED at £1.1m based on Net Assets of £692.2k and 1.54x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Patrick Properties Holdings Limited Overview
Patrick Properties Holdings Limited is a live company located in altrincham, WA14 4DR with a Companies House number of 04744817. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2003, it's largest shareholder is patrick properties group limited with a 100% stake. Patrick Properties Holdings Limited is a mature, micro sized company, Pomanda has estimated its turnover at £264.6k with declining growth in recent years.
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Patrick Properties Holdings Limited Health Check
Pomanda's financial health check has awarded Patrick Properties Holdings Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £264.6k, make it smaller than the average company (£1.2m)
- Patrick Properties Holdings Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (0.7%)
- Patrick Properties Holdings Limited
0.7% - Industry AVG
Production
with a gross margin of 53.9%, this company has a comparable cost of product (53.9%)
- Patrick Properties Holdings Limited
53.9% - Industry AVG
Profitability
an operating margin of 115.6% make it more profitable than the average company (30.1%)
- Patrick Properties Holdings Limited
30.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Patrick Properties Holdings Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.3k, the company has an equivalent pay structure (£36.3k)
- Patrick Properties Holdings Limited
£36.3k - Industry AVG
Efficiency
resulting in sales per employee of £132.3k, this is less efficient (£205k)
- Patrick Properties Holdings Limited
£205k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (34 days)
- Patrick Properties Holdings Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (35 days)
- Patrick Properties Holdings Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 9873 days, this is more than average (321 days)
- Patrick Properties Holdings Limited
321 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Patrick Properties Holdings Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.6%, this is a higher level of debt than the average (68.7%)
94.6% - Patrick Properties Holdings Limited
68.7% - Industry AVG
PATRICK PROPERTIES HOLDINGS LIMITED financials
Patrick Properties Holdings Limited's latest turnover from September 2021 is estimated at £264.6 thousand and the company has net assets of £692.2 thousand. According to their latest financial statements, Patrick Properties Holdings Limited has 2 employees and maintains cash reserves of £733 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 3,485,000 | 1,601,000 | 1,477,000 | 1,269,000 | 1,353,000 | 785,000 | |||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 131,000 | 167,000 | 200,000 | 188,000 | 69,000 | 0 | |||||||
| Gross Profit | 3,354,000 | 1,434,000 | 1,277,000 | 1,081,000 | 1,284,000 | 785,000 | |||||||
| Admin Expenses | 476,000 | 738,000 | 147,000 | 170,000 | 67,000 | 217,000 | |||||||
| Operating Profit | 2,878,000 | 696,000 | 1,130,000 | 911,000 | 1,217,000 | 568,000 | |||||||
| Interest Payable | 576,000 | 591,000 | 626,000 | 751,000 | 684,000 | 720,000 | |||||||
| Interest Receivable | 10,000 | 2,000 | 5,000 | 3,000 | 1,000 | 32,000 | |||||||
| Pre-Tax Profit | 2,312,000 | 107,000 | 509,000 | 163,000 | 534,000 | 100,000 | |||||||
| Tax | -383,000 | -180,000 | -117,000 | 59,000 | -169,000 | -80,000 | |||||||
| Profit After Tax | 1,929,000 | -73,000 | 392,000 | 222,000 | 365,000 | 20,000 | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Retained Profit | 1,929,000 | -73,000 | 392,000 | 222,000 | 365,000 | 20,000 | |||||||
| Employee Costs | 297,000 | 114,000 | 191,000 | 165,000 | 250,000 | 210,000 | |||||||
| Number Of Employees | 2 | 3 | 3 | 3 | 4 | 4 | 5 | 3 | 3 | 2 | 3 | 3 | |
| EBITDA* | 2,878,000 | 696,000 | 1,130,000 | 911,000 | 1,217,000 | 568,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,325,000 | 1,950,000 | 1,950,000 | 1,947,000 | 1,943,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,626,563 | 1,626,563 | 1,530,000 | 1,530,000 | 1,335,000 | 1,335,000 | 1,255,000 | 1,255,000 | 18,431,000 | 18,501,000 | 18,501,000 | 21,543,000 | 20,800,000 |
| Debtors (Due After 1 year) | 16,209 | 40,887 | 16,209 | 16,209 | 16,209 | 16,209 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,642,772 | 1,667,450 | 1,546,209 | 1,546,209 | 1,351,209 | 1,351,209 | 1,255,000 | 1,255,000 | 19,756,000 | 20,451,000 | 20,451,000 | 23,490,000 | 22,743,000 |
| Stock & work in progress | 3,300,339 | 3,300,339 | 3,300,339 | 3,300,339 | 3,300,339 | 3,300,339 | 3,300,339 | 3,297,000 | 3,297,000 | 3,296,000 | 3,296,000 | 3,290,000 | 3,283,000 |
| Trade Debtors | 3,681 | 45,221 | 130,230 | 29,701 | 2 | 15,451 | 24,588 | 94,000 | 299,000 | 89,000 | 25,000 | 231,000 | 74,000 |
| Group Debtors | 2,980,370 | 4,239,774 | 4,534,243 | 4,475,929 | 6,175,581 | 6,304,635 | 5,707,426 | 4,351,000 | 4,626,000 | 4,209,000 | 2,940,000 | 0 | 114,000 |
| Misc Debtors | 4,909,951 | 5,141,787 | 5,169,764 | 5,166,843 | 5,166,783 | 5,604,283 | 5,835,222 | 7,456,000 | 603,000 | 923,000 | 233,000 | 623,000 | 191,000 |
| Cash | 733 | 226 | 3,415 | 122 | 421 | 295,684 | 175,184 | 1,348,000 | 2,245,000 | 1,934,000 | 735,000 | 166,000 | 388,000 |
| misc current assets | 8,845 | 0 | 0 | 0 | 840 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,203,919 | 12,727,347 | 13,137,991 | 12,972,934 | 14,643,966 | 15,520,392 | 15,042,759 | 16,546,000 | 11,070,000 | 10,451,000 | 7,229,000 | 4,310,000 | 4,050,000 |
| total assets | 12,846,691 | 14,394,797 | 14,684,200 | 14,519,143 | 15,995,175 | 16,871,601 | 16,297,759 | 17,801,000 | 30,826,000 | 30,902,000 | 27,680,000 | 27,800,000 | 26,793,000 |
| Bank overdraft | 0 | 0 | 22,436 | 22,436 | 22,436 | 22,436 | 22,436 | 4,917,000 | 11,832,000 | 3,727,000 | 245,000 | 14,634,000 | 2,862,000 |
| Bank loan | 12,936 | 12,936 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 811 | 0 | 0 | 0 | 0 | 3,365 | 15,721 | 92,000 | 70,000 | 58,000 | 64,000 | 103,000 | 244,000 |
| Group/Directors Accounts | 9,622,430 | 11,590,036 | 12,336,738 | 12,101,088 | 9,463,557 | 9,506,168 | 8,913,302 | 5,451,000 | 10,186,000 | 9,802,000 | 7,439,000 | 3,469,000 | 2,849,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 324,000 | 2,763,000 | 527,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,877,620 | 1,674,313 | 1,544,896 | 1,853,103 | 1,813,183 | 1,860,679 | 1,645,321 | 1,812,000 | 1,314,000 | 1,254,000 | 717,000 | 703,000 | 844,000 |
| total current liabilities | 11,513,797 | 13,277,285 | 13,904,070 | 13,976,627 | 11,299,176 | 11,392,648 | 10,596,780 | 12,596,000 | 26,165,000 | 15,368,000 | 8,465,000 | 18,909,000 | 6,799,000 |
| loans | 640,705 | 640,705 | 445,910 | 468,346 | 490,781 | 513,217 | 497,854 | 0 | 1,121,000 | 11,832,000 | 15,918,000 | 2,480,000 | 14,303,000 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 640,705 | 640,705 | 445,910 | 468,346 | 490,781 | 513,217 | 497,854 | 0 | 1,121,000 | 11,832,000 | 15,918,000 | 2,480,000 | 14,303,000 |
| total liabilities | 12,154,502 | 13,917,990 | 14,349,980 | 14,444,973 | 11,789,957 | 11,905,865 | 11,094,634 | 12,596,000 | 27,286,000 | 27,200,000 | 24,383,000 | 21,389,000 | 21,102,000 |
| net assets | 692,189 | 476,807 | 334,220 | 74,170 | 4,205,218 | 4,965,736 | 5,203,125 | 5,205,000 | 3,540,000 | 3,702,000 | 3,297,000 | 6,411,000 | 5,691,000 |
| total shareholders funds | 692,189 | 476,807 | 334,220 | 74,170 | 4,205,218 | 4,965,736 | 5,203,125 | 5,205,000 | 3,540,000 | 3,702,000 | 3,297,000 | 6,411,000 | 5,691,000 |
| 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 | 2,878,000 | 696,000 | 1,130,000 | 911,000 | 1,217,000 | 568,000 | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -383,000 | -180,000 | -117,000 | 59,000 | -169,000 | -80,000 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 3,339 | 0 | 1,000 | 0 | 6,000 | 7,000 | 3,283,000 |
| Debtors | -1,557,458 | -382,777 | 161,764 | -1,669,893 | -582,003 | 373,342 | -333,764 | 6,373,000 | 307,000 | 2,023,000 | 2,344,000 | 475,000 | 379,000 |
| Creditors | 811 | 0 | 0 | 0 | -3,365 | -12,356 | -76,279 | 22,000 | 12,000 | -6,000 | -39,000 | -141,000 | 244,000 |
| Accruals and Deferred Income | 203,307 | 129,417 | -308,207 | 39,920 | -47,496 | 215,358 | -166,679 | 498,000 | 60,000 | 537,000 | 14,000 | -141,000 | 844,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -479,000 | -1,405,000 | 284,000 | -2,086,000 | |||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 96,563 | 0 | 195,000 | 0 | 80,000 | 0 | -17,176,000 | -70,000 | 0 | -3,042,000 | 743,000 | 20,800,000 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 12,936 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,967,606 | -746,702 | 235,650 | 2,637,531 | -42,611 | 592,866 | 3,462,302 | -4,735,000 | 384,000 | 2,363,000 | 3,970,000 | 620,000 | 2,849,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -324,000 | -2,439,000 | 2,236,000 | 527,000 | 0 | 0 | 0 |
| Long term loans | 0 | 194,795 | -22,436 | -22,435 | -22,436 | 15,363 | 497,854 | -1,121,000 | -10,711,000 | -4,086,000 | 13,438,000 | -11,823,000 | 14,303,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -566,000 | -589,000 | -621,000 | -748,000 | -683,000 | -688,000 | |||||||
| cash flow from financing | -9,125,000 | -8,769,000 | -1,804,000 | 13,324,000 | -11,531,000 | 22,135,000 | |||||||
| cash and cash equivalents | |||||||||||||
| cash | 507 | -3,189 | 3,293 | -299 | -295,263 | 120,500 | -1,172,816 | -897,000 | 311,000 | 1,199,000 | 569,000 | -222,000 | 388,000 |
| overdraft | 0 | -22,436 | 0 | 0 | 0 | 0 | -4,894,564 | -6,915,000 | 8,105,000 | 3,482,000 | -14,389,000 | 11,772,000 | 2,862,000 |
| change in cash | 507 | 19,247 | 3,293 | -299 | -295,263 | 120,500 | 3,721,748 | 6,018,000 | -7,794,000 | -2,283,000 | 14,958,000 | -11,994,000 | -2,474,000 |
patrick properties holdings limited Credit Report and Business Information
Patrick Properties Holdings Limited Competitor Analysis
Perform a competitor analysis for patrick properties holdings limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WA14 area or any other competitors across 12 key performance metrics.
patrick properties holdings limited Ownership
PATRICK PROPERTIES HOLDINGS LIMITED group structure
Patrick Properties Holdings Limited has 1 subsidiary company.
Ultimate parent company
2 parents
PATRICK PROPERTIES HOLDINGS LIMITED
04744817
1 subsidiary
patrick properties holdings limited directors
Patrick Properties Holdings Limited currently has 3 directors. The longest serving directors include Mr Steven Kennedy (Jun 2012) and Mr Timothy Halpin (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Kennedy | 66 years | Jun 2012 | - | Director | |
| Mr Timothy Halpin | England | 42 years | Nov 2018 | - | Director |
| Mr Jordan Kennedy | England | 33 years | Jun 2020 | - | Director |
P&L
September 2021turnover
264.6k
-63%
operating profit
305.8k
0%
gross margin
53.9%
-1.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2021net assets
692.2k
+0.45%
total assets
12.8m
-0.11%
cash
733
+2.24%
net assets
Total assets minus all liabilities
patrick properties holdings limited company details
company number
04744817
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.
41100 - Development of building projects
68100 - Buying and selling of own real estate
incorporation date
April 2003
age
21
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
patrick properties (cbp) limited (October 2004)
last accounts submitted
September 2021
address
hamilton house church street, altrincham, WA14 4DR
accountant
LOPIAN GROSS BARNETT & CO
auditor
-
patrick properties holdings 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 20 charges/mortgages relating to patrick properties holdings limited. Currently there are 1 open charges and 19 have been satisfied in the past.
patrick properties holdings limited Companies House Filings - See Documents
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