ashbourne road lettings ltd
ashbourne road lettings ltd Company Information
Company Number
04817963
Website
-Registered Address
187 warwick avenue, littleover, derby, DE23 6HN
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
March 2025
Group Structure
View All
Shareholders
joginder pal bali 75%
devo kaur bali 25%
ashbourne road lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHBOURNE ROAD LETTINGS LTD at £177.5k based on a Turnover of £46.7k and 3.8x industry multiple (adjusted for size and gross margin).
ashbourne road lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHBOURNE ROAD LETTINGS LTD at £385.3k based on an EBITDA of £46.7k and a 8.26x industry multiple (adjusted for size and gross margin).
ashbourne road lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHBOURNE ROAD LETTINGS LTD at £222.7k based on Net Assets of £137.5k and 1.62x industry multiple (adjusted for liquidity).
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Ashbourne Road Lettings Ltd Overview
Ashbourne Road Lettings Ltd is a live company located in derby, DE23 6HN with a Companies House number of 04817963. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2003, it's largest shareholder is joginder pal bali with a 75% stake. Ashbourne Road Lettings Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £46.7k with low growth in recent years.
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Ashbourne Road Lettings Ltd Health Check
Pomanda's financial health check has awarded Ashbourne Road Lettings Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
4 Weak
Size
annual sales of £46.7k, make it smaller than the average company (£836.7k)
£46.7k - Ashbourne Road Lettings Ltd
£836.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a faster rate (2.3%)
3% - Ashbourne Road Lettings Ltd
2.3% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (73.1%)
100% - Ashbourne Road Lettings Ltd
73.1% - Industry AVG
Profitability
an operating margin of 100% make it more profitable than the average company (27.1%)
100% - Ashbourne Road Lettings Ltd
27.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Ashbourne Road Lettings Ltd
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Ashbourne Road Lettings Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £23.3k, this is less efficient (£182k)
£23.3k - Ashbourne Road Lettings Ltd
£182k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ashbourne Road Lettings Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ashbourne Road Lettings Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ashbourne Road Lettings Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ashbourne Road Lettings Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.7%, this is a higher level of debt than the average (67.5%)
81.7% - Ashbourne Road Lettings Ltd
67.5% - Industry AVG
ASHBOURNE ROAD LETTINGS LTD financials
Ashbourne Road Lettings Ltd's latest turnover from June 2023 is £46.7 thousand and the company has net assets of £137.5 thousand. According to their latest financial statements, Ashbourne Road Lettings Ltd has 2 employees and maintains cash reserves of £8.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 46,656 | 43,700 | 37,453 | 42,182 | 40,400 | 39,600 | 37,000 | 38,825 | 294,077 | 301,689 | 289,710 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 36,403 | 37,604 | 238,245 | 236,556 | 239,761 | |||
| Gross Profit | 46,656 | 43,700 | 37,453 | 42,182 | 40,400 | 39,600 | 597 | 1,221 | 55,832 | 65,133 | 49,949 | |||
| Admin Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Operating Profit | 46,656 | 43,700 | 37,453 | 42,182 | 40,400 | 39,600 | 597 | 1,221 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,310 | 0 | 2,597 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | 46,656 | 43,700 | 37,453 | 42,182 | 40,400 | 39,600 | 597 | 1,221 | 4,476 | 34,437 | 9,566 | |||
| Tax | 0 | 0 | 0 | 0 | -413 | -368 | -113 | -244 | 0 | 0 | 0 | |||
| Profit After Tax | 46,656 | 43,700 | 37,453 | 42,182 | 39,987 | 39,232 | 484 | 977 | 4,476 | 34,437 | 9,566 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | 46,656 | 43,700 | 37,453 | 42,182 | 39,987 | 39,232 | 484 | 977 | 4,476 | 34,437 | 9,566 | |||
| Employee Costs | 0 | 0 | 0 | 14,976 | 12,950 | |||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | ||||||||
| EBITDA* | 46,656 | 43,700 | 37,453 | 42,182 | 40,400 | 39,600 | 597 | 1,221 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 744,174 | 403,000 | 383,000 | 383,000 | 383,000 | 383,000 | 383,000 | 383,000 | 383,000 | 463,000 | 463,000 | 463,000 | 376,000 | 376,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 744,174 | 403,000 | 383,000 | 383,000 | 383,000 | 383,000 | 383,000 | 383,000 | 383,000 | 463,000 | 463,000 | 463,000 | 376,000 | 376,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,350 | 19,700 | 17,230 | 15,720 | 11,600 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 8,113 | 92,424 | 10,129 | 1,793 | 3,353 | 2,876 | 994 | 1,322 | 5,528 | 830 | 1,700 | 2,132 | 2,690 | 300 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 164 |
| total current assets | 8,113 | 92,424 | 10,129 | 1,793 | 3,353 | 2,876 | 994 | 1,322 | 5,528 | 13,180 | 21,400 | 19,362 | 18,410 | 12,064 |
| total assets | 752,287 | 495,424 | 393,129 | 384,793 | 386,353 | 385,876 | 383,994 | 384,322 | 388,528 | 476,180 | 484,400 | 482,362 | 394,410 | 388,064 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,590 | 0 | 1,500 | 9,258 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,118 | 0 | 1,200 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,274 | 9 | 660 | 0 |
| total current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,118 | 14,864 | 1,209 | 2,160 | 9,258 |
| loans | 468,411 | 302,003 | 208,395 | 208,904 | 218,487 | 228,243 | 237,060 | 245,463 | 0 | 0 | 0 | 394,098 | 305,308 | 309,702 |
| 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 | 80,000 | 0 | 0 | 0 | 0 | 34,608 | 25,482 | 17,760 | 267,699 | 344,877 | 357,212 | 0 | 0 | 3,000 |
| provisions | 66,408 | 59,099 | 54,333 | 48,426 | 43,034 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 614,819 | 361,102 | 262,728 | 257,330 | 261,521 | 262,851 | 262,542 | 263,223 | 267,699 | 344,877 | 357,212 | 394,098 | 305,308 | 312,702 |
| total liabilities | 614,819 | 361,102 | 262,728 | 257,330 | 261,521 | 262,851 | 262,542 | 263,223 | 267,699 | 358,995 | 372,076 | 395,307 | 307,468 | 321,960 |
| net assets | 137,468 | 134,322 | 130,401 | 127,463 | 124,832 | 123,025 | 121,452 | 121,099 | 120,829 | 117,185 | 112,324 | 87,055 | 86,942 | 66,104 |
| total shareholders funds | 137,468 | 134,322 | 130,401 | 127,463 | 124,832 | 123,025 | 121,452 | 121,099 | 120,829 | 117,185 | 112,324 | 87,055 | 86,942 | 66,104 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 46,656 | 43,700 | 37,453 | 42,182 | 40,400 | 39,600 | 597 | 1,221 | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | -413 | -368 | -113 | -244 | 0 | 0 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,350 | -7,350 | 2,470 | 1,510 | 4,120 | 11,600 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14,118 | 14,118 | -1,200 | 1,200 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,274 | 6,265 | -651 | 660 | 0 |
| Deferred Taxes & Provisions | 7,309 | 4,766 | 5,907 | 5,392 | 43,034 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 53,965 | 48,466 | 43,360 | 47,574 | 83,021 | 39,232 | 484 | 977 | ||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 166,408 | 93,608 | -509 | -9,583 | -9,756 | -8,817 | -8,403 | 245,463 | 0 | 0 | -394,098 | 88,790 | -4,394 | 309,702 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 80,000 | 0 | 0 | 0 | -34,608 | 9,126 | 7,722 | -249,939 | -77,178 | -12,335 | 357,212 | 0 | -3,000 | 3,000 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,310 | 0 | -2,597 | |||
| cash flow from financing | 202,898 | 53,829 | -35,024 | -49,134 | -82,544 | -37,350 | -812 | -5,183 | -19,403 | 54,466 | 366,643 | |||
| cash and cash equivalents | ||||||||||||||
| cash | -84,311 | 82,295 | 8,336 | -1,560 | 477 | 1,882 | -328 | -4,206 | 4,698 | -870 | -432 | -558 | 2,390 | 300 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,590 | 8,590 | -1,500 | -7,758 | 9,258 |
| change in cash | -84,311 | 82,295 | 8,336 | -1,560 | 477 | 1,882 | -328 | -4,206 | 4,698 | 7,720 | -9,022 | 942 | 10,148 | -8,958 |
ashbourne road lettings ltd Credit Report and Business Information
Ashbourne Road Lettings Ltd Competitor Analysis
Perform a competitor analysis for ashbourne road lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DE23 area or any other competitors across 12 key performance metrics.
ashbourne road lettings ltd Ownership
ASHBOURNE ROAD LETTINGS LTD group structure
Ashbourne Road Lettings Ltd has no subsidiary companies.
Ultimate parent company
ASHBOURNE ROAD LETTINGS LTD
04817963
ashbourne road lettings ltd directors
Ashbourne Road Lettings Ltd currently has 2 directors. The longest serving directors include Devo Bali (Jul 2003) and Joginder Bali (Jul 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Devo Bali | 69 years | Jul 2003 | - | Director | |
| Joginder Bali | 68 years | Jul 2003 | - | Director |
P&L
June 2023turnover
46.7k
+7%
operating profit
46.7k
+7%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
137.5k
+0.02%
total assets
752.3k
+0.52%
cash
8.1k
-0.91%
net assets
Total assets minus all liabilities
Similar Companies
ashbourne road lettings ltd company details
company number
04817963
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
July 2003
age
21
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
ashbourne road retail store and off-licence limited (August 2015)
last accounts submitted
June 2023
address
187 warwick avenue, littleover, derby, DE23 6HN
accountant
-
auditor
-
ashbourne road lettings ltd 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 ashbourne road lettings ltd. Currently there are 5 open charges and 1 have been satisfied in the past.
ashbourne road lettings ltd Companies House Filings - See Documents
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