city spirit investments (st pauls) limited
city spirit investments (st pauls) limited Company Information
Company Number
04771750
Website
cityspiritstpauls.co.ukRegistered Address
30 st. paul's square, birmingham, west midlands, B3 1QZ
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
john david corstorphine 50%
anne corstorphine 50%
city spirit investments (st pauls) limited Estimated Valuation
Pomanda estimates the enterprise value of CITY SPIRIT INVESTMENTS (ST PAULS) LIMITED at £467.5k based on a Turnover of £149.1k and 3.14x industry multiple (adjusted for size and gross margin).
city spirit investments (st pauls) limited Estimated Valuation
Pomanda estimates the enterprise value of CITY SPIRIT INVESTMENTS (ST PAULS) LIMITED at £3.4m based on an EBITDA of £475.1k and a 7.16x industry multiple (adjusted for size and gross margin).
city spirit investments (st pauls) limited Estimated Valuation
Pomanda estimates the enterprise value of CITY SPIRIT INVESTMENTS (ST PAULS) LIMITED at £1.5m based on Net Assets of £912.5k and 1.62x industry multiple (adjusted for liquidity).
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City Spirit Investments (st Pauls) Limited Overview
City Spirit Investments (st Pauls) Limited is a dissolved company that was located in west midlands, B3 1QZ with a Companies House number of 04771750. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 2003, it's largest shareholder was john david corstorphine with a 50% stake. The last turnover for City Spirit Investments (st Pauls) Limited was estimated at £149.1k.
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City Spirit Investments (st Pauls) Limited Health Check
Pomanda's financial health check has awarded City Spirit Investments (St Pauls) Limited a 5 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
5 Strong
2 Regular
5 Weak
Size
annual sales of £149.1k, make it smaller than the average company (£512.7k)
- City Spirit Investments (st Pauls) Limited
£512.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (3.2%)
- City Spirit Investments (st Pauls) Limited
3.2% - Industry AVG
Production
with a gross margin of 74.8%, this company has a comparable cost of product (74.8%)
- City Spirit Investments (st Pauls) Limited
74.8% - Industry AVG
Profitability
an operating margin of 318.4% make it more profitable than the average company (48.4%)
- City Spirit Investments (st Pauls) Limited
48.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- City Spirit Investments (st Pauls) Limited
4 - Industry AVG
Pay Structure
on an average salary of £26.8k, the company has an equivalent pay structure (£26.8k)
- City Spirit Investments (st Pauls) Limited
£26.8k - Industry AVG
Efficiency
resulting in sales per employee of £74.5k, this is less efficient (£140.7k)
- City Spirit Investments (st Pauls) Limited
£140.7k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (29 days)
- City Spirit Investments (st Pauls) Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 1461 days, this is slower than average (37 days)
- City Spirit Investments (st Pauls) Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 2974 days, this is more than average (62 days)
- City Spirit Investments (st Pauls) Limited
62 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 119 weeks, this is more cash available to meet short term requirements (12 weeks)
119 weeks - City Spirit Investments (st Pauls) Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.2%, this is a lower level of debt than the average (63.8%)
20.2% - City Spirit Investments (st Pauls) Limited
63.8% - Industry AVG
CITY SPIRIT INVESTMENTS (ST PAULS) LIMITED financials
City Spirit Investments (St Pauls) Limited's latest turnover from June 2018 is estimated at £149.1 thousand and the company has net assets of £912.5 thousand. According to their latest financial statements, we estimate that City Spirit Investments (St Pauls) Limited has 2 employees and maintains cash reserves of £530.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2018 | Jun 2017 | Jun 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2018 | Jun 2017 | Jun 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12 | 405 | 798 | 1,697,874 | 1,036,460 | 1,090,935 | 1,096,116 | 320 | 415 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,021,077 | 1,021,077 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 12 | 405 | 798 | 1,697,874 | 1,036,460 | 1,090,935 | 1,096,116 | 1,021,397 | 1,021,492 |
| Stock & work in progress | 305,671 | 2,544,553 | 1,609,184 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,640 | 0 | 41,489 | 24,041 | 6,365 | 2,426 | 0 | 16,063 | 0 |
| Group Debtors | 0 | 56,423 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 304,431 | 51,780 | 0 | 8,318 | 0 | 0 | 0 | 0 | 0 |
| Cash | 530,483 | 3 | 44,721 | 15,315 | 2 | 2 | 6,255 | 2 | 1,038 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,143,225 | 2,652,759 | 1,695,394 | 47,674 | 6,367 | 2,428 | 6,255 | 16,065 | 1,038 |
| total assets | 1,143,237 | 2,653,164 | 1,696,192 | 1,745,548 | 1,042,827 | 1,093,363 | 1,102,371 | 1,037,462 | 1,022,530 |
| Bank overdraft | 0 | 102,458 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 1,726,650 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 150,138 | 188,248 | 1,024,955 | 102,124 | 530,767 | 572,308 | 535,840 | 421,065 | 398,077 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 80,598 | 60,736 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 230,736 | 2,078,092 | 1,024,955 | 102,124 | 530,767 | 572,308 | 535,840 | 421,065 | 398,077 |
| loans | 0 | 0 | 0 | 1,070,686 | 430,000 | 430,000 | 510,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 570,000 | 576,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 1,070,686 | 430,000 | 430,000 | 510,000 | 570,000 | 576,000 |
| total liabilities | 230,736 | 2,078,092 | 1,024,955 | 1,172,810 | 960,767 | 1,002,308 | 1,045,840 | 991,065 | 974,077 |
| net assets | 912,501 | 575,072 | 671,237 | 572,738 | 82,060 | 91,055 | 56,531 | 46,397 | 48,453 |
| total shareholders funds | 912,501 | 575,072 | 671,237 | 572,738 | 82,060 | 91,055 | 56,531 | 46,397 | 48,453 |
| Jun 2018 | Jun 2017 | Jun 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 393 | 393 | 5,034 | 5,086 | 5,181 | 95 | 95 | 800 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | -2,238,882 | 935,369 | 1,609,184 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 198,868 | 66,714 | 9,130 | 25,994 | 3,939 | 2,426 | -16,063 | 16,063 | 0 |
| Creditors | -38,110 | -836,707 | 922,831 | -428,643 | -41,541 | 36,468 | 114,775 | 22,988 | 398,077 |
| Accruals and Deferred Income | 19,862 | 60,736 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -1,021,077 | 0 | 1,021,077 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | -1,726,650 | 1,726,650 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -1,070,686 | 640,686 | 0 | -80,000 | 510,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -570,000 | -6,000 | 576,000 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 530,480 | -44,718 | 29,406 | 15,313 | 0 | -6,253 | 6,253 | -1,036 | 1,038 |
| overdraft | -102,458 | 102,458 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 632,938 | -147,176 | 29,406 | 15,313 | 0 | -6,253 | 6,253 | -1,036 | 1,038 |
city spirit investments (st pauls) limited Credit Report and Business Information
City Spirit Investments (st Pauls) Limited Competitor Analysis
Perform a competitor analysis for city spirit investments (st pauls) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in B 3 area or any other competitors across 12 key performance metrics.
city spirit investments (st pauls) limited Ownership
CITY SPIRIT INVESTMENTS (ST PAULS) LIMITED group structure
City Spirit Investments (St Pauls) Limited has no subsidiary companies.
Ultimate parent company
CITY SPIRIT INVESTMENTS (ST PAULS) LIMITED
04771750
city spirit investments (st pauls) limited directors
City Spirit Investments (St Pauls) Limited currently has 2 directors. The longest serving directors include Mr John Corstorphine (May 2003) and Mrs Anne Corstorphine (May 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Corstorphine | 79 years | May 2003 | - | Director | |
| Mrs Anne Corstorphine | 71 years | May 2010 | - | Director |
P&L
June 2018turnover
149.1k
-84%
operating profit
474.7k
0%
gross margin
74.9%
-0.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2018net assets
912.5k
+0.59%
total assets
1.1m
-0.57%
cash
530.5k
+176826.67%
net assets
Total assets minus all liabilities
Similar Companies
city spirit investments (st pauls) limited company details
company number
04771750
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
May 2003
age
21
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2018
previous names
city spirit investments limited (October 2006)
urban spirit apartments limited (December 2004)
accountant
-
auditor
-
address
30 st. paul's square, birmingham, west midlands, B3 1QZ
Bank
-
Legal Advisor
-
city spirit investments (st pauls) 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 did not find charges/mortgages relating to city spirit investments (st pauls) limited.
city spirit investments (st pauls) limited Companies House Filings - See Documents
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