evolving properties ltd

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evolving properties ltd Company Information

Share EVOLVING PROPERTIES LTD

Company Number

04992844

Shareholders

manoj dattani

rajendrakumar dattani

Group Structure

View All

Industry

Buying and selling of own real estate

 +1

Registered Address

43 clarke street, leicester, LE4 7NB

Website

-

evolving properties ltd Estimated Valuation

£312.2k

Pomanda estimates the enterprise value of EVOLVING PROPERTIES LTD at £312.2k based on a Turnover of £137.2k and 2.28x industry multiple (adjusted for size and gross margin).

evolving properties ltd Estimated Valuation

£21.1k

Pomanda estimates the enterprise value of EVOLVING PROPERTIES LTD at £21.1k based on an EBITDA of £4.5k and a 4.65x industry multiple (adjusted for size and gross margin).

evolving properties ltd Estimated Valuation

£110.5k

Pomanda estimates the enterprise value of EVOLVING PROPERTIES LTD at £110.5k based on Net Assets of £66.5k and 1.66x industry multiple (adjusted for liquidity).

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Evolving Properties Ltd Overview

Evolving Properties Ltd is a live company located in leicester, LE4 7NB with a Companies House number of 04992844. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2003, it's largest shareholder is manoj dattani with a 50% stake. Evolving Properties Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £137.2k with declining growth in recent years.

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Evolving Properties Ltd Health Check

Pomanda's financial health check has awarded Evolving Properties Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £137.2k, make it smaller than the average company (£865.9k)

£137.2k - Evolving Properties Ltd

£865.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (4%)

-12% - Evolving Properties Ltd

4% - Industry AVG

production

Production

with a gross margin of 30.3%, this company has a higher cost of product (71.5%)

30.3% - Evolving Properties Ltd

71.5% - Industry AVG

profitability

Profitability

an operating margin of 3.3% make it less profitable than the average company (27.9%)

3.3% - Evolving Properties Ltd

27.9% - Industry AVG

employees

Employees

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

1 - Evolving Properties Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.4k, the company has an equivalent pay structure (£35.4k)

£35.4k - Evolving Properties Ltd

£35.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £137.2k, this is less efficient (£186.4k)

£137.2k - Evolving Properties Ltd

£186.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 73 days, this is later than average (28 days)

73 days - Evolving Properties Ltd

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 399 days, this is slower than average (35 days)

399 days - Evolving Properties Ltd

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Evolving Properties Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Evolving Properties Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 61.5%, this is a similar level of debt than the average (63.9%)

61.5% - Evolving Properties Ltd

63.9% - Industry AVG

EVOLVING PROPERTIES LTD financials

EXPORTms excel logo

Evolving Properties Ltd's latest turnover from March 2024 is estimated at £137.2 thousand and the company has net assets of £66.5 thousand. According to their latest financial statements, we estimate that Evolving Properties Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover137,19684,664153,367201,143181,796159,803154,24198,65958
Other Income Or Grants
Cost Of Sales95,65459,384108,695144,196132,829113,762108,88269,04643
Gross Profit41,54325,27944,67256,94748,96746,04145,35829,61415
Admin Expenses37,00713,84724,66146,80118,18449,76952,05310,9602
Operating Profit4,53611,43220,01110,14630,783-3,728-6,69518,65413
Interest Payable
Interest Receivable
Pre-Tax Profit4,53611,43220,01110,14630,783-3,728-6,69518,65413
Tax-1,134-2,172-3,802-1,928-5,849-3,731-2
Profit After Tax3,4029,26016,2098,21824,934-3,728-6,69514,92310
Dividends Paid
Retained Profit3,4029,26016,2098,21824,934-3,728-6,69514,92310
Employee Costs35,37933,20933,17431,25533,10032,84930,68330,28632,193
Number Of Employees111111111
EBITDA*4,53611,43220,01110,14630,783-3,728-6,69518,65413

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets145,000145,000145,000145,000145,000145,000145,000145,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets145,000145,000145,000145,000145,000145,000145,000145,000
Stock & work in progress
Trade Debtors27,59015,13335,18549,44137,65730,00029,72815,42310
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets27,59015,13335,18549,44137,65730,00029,72815,42310
total assets172,590160,133180,185194,441182,657175,000174,728160,42310
Bank overdraft
Bank loan
Trade Creditors 104,69195,636125,636156,151152,685170,000165,000145,500
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities104,69195,636125,636156,151152,685170,000165,000145,500
loans
hp & lease commitments
Accruals and Deferred Income1,3761,3766886385385001,500
other liabilities
provisions
total long term liabilities1,3761,3766886385385001,500
total liabilities106,06797,012126,324156,789153,223170,500166,500145,500
net assets66,52363,12153,86137,65229,4344,5008,22814,92310
total shareholders funds66,52363,12153,86137,65229,4344,5008,22814,92310
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit4,53611,43220,01110,14630,783-3,728-6,69518,65413
Depreciation
Amortisation
Tax-1,134-2,172-3,802-1,928-5,849-3,731-2
Stock
Debtors12,457-20,052-14,25611,7847,65727214,30515,42310
Creditors9,055-30,000-30,5153,466-17,3155,00019,500145,500
Accruals and Deferred Income6885010038-1,0001,500
Deferred Taxes & Provisions
Cash flow from operations145,0001
Investing Activities
capital expenditure-145,000
Change in Investments
cash flow from investments-145,000
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
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

evolving properties ltd 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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Evolving Properties Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for evolving properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in LE4 area or any other competitors across 12 key performance metrics.

evolving properties ltd Ownership

EVOLVING PROPERTIES LTD group structure

Evolving Properties Ltd has no subsidiary companies.

Ultimate parent company

EVOLVING PROPERTIES LTD

04992844

EVOLVING PROPERTIES LTD Shareholders

manoj dattani 50%
rajendrakumar dattani 50%

evolving properties ltd directors

Evolving Properties Ltd currently has 2 directors. The longest serving directors include Manoj Dattani (Dec 2003) and Mr Rajendrakumar Dattani (May 2015).

officercountryagestartendrole
Manoj Dattani56 years Dec 2003- Director
Mr Rajendrakumar DattaniEngland55 years May 2015- Director

P&L

March 2024

turnover

137.2k

+62%

operating profit

4.5k

0%

gross margin

30.3%

+1.41%

turnover

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

Balance Sheet

March 2024

net assets

66.5k

+0.05%

total assets

172.6k

+0.08%

cash

0

0%

net assets

Total assets minus all liabilities

evolving properties ltd company details

company number

04992844

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

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

December 2003

age

22

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

complete kitchens (uk) limited (May 2015)

accountant

-

auditor

-

address

43 clarke street, leicester, LE4 7NB

Bank

-

Legal Advisor

-

evolving properties 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 did not find charges/mortgages relating to evolving properties ltd.

evolving properties ltd 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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evolving properties ltd Companies House Filings - See Documents

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