citymile estates ltd

citymile estates ltd Company Information

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Company Number

05017792

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Directors

Amreek Channa

Shareholders

amreek singh channa

harveer singh channa

Group Structure

View All

Contact

Registered Address

50 felbrigge road, ilford, IG3 8DP

Website

-

citymile estates ltd Estimated Valuation

£197.4k

Pomanda estimates the enterprise value of CITYMILE ESTATES LTD at £197.4k based on a Turnover of £78.2k and 2.52x industry multiple (adjusted for size and gross margin).

citymile estates ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of CITYMILE ESTATES LTD at £0 based on an EBITDA of £-1.7k and a 5.2x industry multiple (adjusted for size and gross margin).

citymile estates ltd Estimated Valuation

£161.6k

Pomanda estimates the enterprise value of CITYMILE ESTATES LTD at £161.6k based on Net Assets of £93k and 1.74x industry multiple (adjusted for liquidity).

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Citymile Estates Ltd Overview

Citymile Estates Ltd is a live company located in ilford, IG3 8DP with a Companies House number of 05017792. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2004, it's largest shareholder is amreek singh channa with a 70% stake. Citymile Estates Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £78.2k with healthy growth in recent years.

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Citymile Estates Ltd Health Check

Pomanda's financial health check has awarded Citymile Estates Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £78.2k, make it smaller than the average company (£914.8k)

£78.2k - Citymile Estates Ltd

£914.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5%)

6% - Citymile Estates Ltd

5% - Industry AVG

production

Production

with a gross margin of 34.8%, this company has a higher cost of product (76.3%)

34.8% - Citymile Estates Ltd

76.3% - Industry AVG

profitability

Profitability

an operating margin of -2.2% make it less profitable than the average company (30.1%)

-2.2% - Citymile Estates Ltd

30.1% - Industry AVG

employees

Employees

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

1 - Citymile Estates Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)

£32.4k - Citymile Estates Ltd

£32.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £78.2k, this is less efficient (£178.2k)

£78.2k - Citymile Estates Ltd

£178.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 90 days, this is later than average (30 days)

90 days - Citymile Estates Ltd

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 42 days, this is close to average (39 days)

42 days - Citymile Estates Ltd

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Citymile Estates Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Citymile Estates Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 86%, this is a higher level of debt than the average (63.3%)

86% - Citymile Estates Ltd

63.3% - Industry AVG

CITYMILE ESTATES LTD financials

EXPORTms excel logo

Citymile Estates Ltd's latest turnover from March 2024 is estimated at £78.2 thousand and the company has net assets of £93 thousand. According to their latest financial statements, we estimate that Citymile Estates Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover78,21660,82658,39357,94365,76455,36131,71214,59612,94713,02013,82717,09014,5168,0708,03216,621
Other Income Or Grants0000000000000000
Cost Of Sales51,01240,56941,84041,70246,91439,82322,11610,1188,6499,1489,99912,44310,6635,9095,77212,476
Gross Profit27,20420,25716,55316,24118,85015,5389,5964,4784,2983,8733,8284,6473,8532,1622,2604,145
Admin Expenses28,91914,4949,9536,5406,9616,526-34-3,431-3,074-7,004-4,986-4,176-3,108-7,130-3,778-4,406
Operating Profit-1,7155,7636,6009,70111,8899,0129,6307,9097,37210,8778,8148,8236,9619,2926,0388,551
Interest Payable0000000000000000
Interest Receivable0000000051818114784
Pre-Tax Profit-1,7155,7636,6009,70111,8899,0129,6307,9097,37610,8958,8328,8346,9669,2996,0468,556
Tax0-1,095-1,254-1,843-2,259-1,712-1,830-1,503-1,475-2,179-1,855-2,032-1,672-2,418-1,693-2,396
Profit After Tax-1,7154,6685,3467,8589,6307,3007,8006,4065,9018,7166,9776,8025,2946,8814,3536,160
Dividends Paid0000000000000000
Retained Profit-1,7154,6685,3467,8589,6307,3007,8006,4065,9018,7166,9776,8025,2946,8814,3536,160
Employee Costs32,43830,42830,78329,86127,04728,29527,38525,86925,57126,22125,78524,72323,97923,58423,25425,405
Number Of Employees1111111111111111
EBITDA*-1,7155,7636,6009,70111,8899,0129,6307,9097,37210,8778,8148,8236,9619,2926,0388,551

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets644,844644,844644,844644,844638,394638,394629,644629,644629,644629,644624,894619,894619,894619,894619,894594,929
Intangible Assets0000000000000000
Investments & Other0000000000000000
Debtors (Due After 1 year)0000000000000000
Total Fixed Assets644,844644,844644,844644,844638,394638,394629,644629,644629,644629,644624,894619,894619,894619,894619,894594,929
Stock & work in progress0000000000000000
Trade Debtors19,36716,69917,31918,37417,53913,2647,8603,6562,5690000000
Group Debtors0000000000000000
Misc Debtors0000000000000000
Cash0000000003,7463,4253,7975461,2191,3971,784
misc current assets0000000000000000
total current assets19,36716,69917,31918,37417,53913,2647,8603,6562,5693,7463,4253,7975461,2191,3971,784
total assets664,211661,543662,163663,218655,933651,658637,504633,300632,213633,390628,319623,691620,440621,113621,291596,713
Bank overdraft0000000000000000
Bank loan0000000000000000
Trade Creditors 5,9311,5481,4902,1412,7142,5982,2391,7647,08312,86911,51414,76513,3167,2838,34213,117
Group/Directors Accounts0000000000000000
other short term finances0000000000000000
hp & lease commitments0000000000000000
other current liabilities0000000000000000
total current liabilities5,9311,5481,4902,1412,7142,5982,2391,7647,08312,86911,51414,76513,3167,2838,34213,117
loans0000000000000000
hp & lease commitments0000000000000000
Accruals and Deferred Income0000000000000000
other liabilities565,249565,249565,249570,999570,999576,470569,975574,046574,046575,238580,238579,336584,336596,336602,336577,336
provisions0000000000000000
total long term liabilities565,249565,249565,249570,999570,999576,470569,975574,046574,046575,238580,238579,336584,336596,336602,336577,336
total liabilities571,180566,797566,739573,140573,713579,068572,214575,810581,129588,107591,752594,101597,652603,619610,678590,453
net assets93,03194,74695,42490,07882,22072,59065,29057,49051,08445,28336,56729,59022,78817,49410,6136,260
total shareholders funds93,03194,74695,42490,07882,22072,59065,29057,49051,08445,28336,56729,59022,78817,49410,6136,260
Mar 2024Mar 2023Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-1,7155,7636,6009,70111,8899,0129,6307,9097,37210,8778,8148,8236,9619,2926,0388,551
Depreciation0000000000000000
Amortisation0000000000000000
Tax0-1,095-1,254-1,843-2,259-1,712-1,830-1,503-1,475-2,179-1,855-2,032-1,672-2,418-1,693-2,396
Stock0000000000000000
Debtors2,668-1,675-1,0558354,2755,4044,2041,0872,5690000000
Creditors4,383-593-651-573116359475-5,319-5,7861,355-3,2511,4496,033-1,059-4,77513,117
Accruals and Deferred Income0000000000000000
Deferred Taxes & Provisions0000000000000000
Cash flow from operations05,7505,7506,4505,4712,2554,0710-2,45810,0533,7088,24011,3225,815-43019,272
Investing Activities
capital expenditure000-6,4500-8,750000-4,750-5,000000-24,965-594,929
Change in Investments0000000000000000
cash flow from investments000-6,4500-8,750000-4,750-5,000000-24,965-594,929
Financing Activities
Bank loans0000000000000000
Group/Directors Accounts0000000000000000
Other Short Term Loans 0000000000000000
Long term loans0000000000000000
Hire Purchase and Lease Commitments0000000000000000
other long term liabilities0-5,750-5,7500-5,4716,495-4,0710-1,192-5,000902-5,000-12,000-6,00025,000577,336
share issue00000000-100000000100
interest0000000051818114784
cash flow from financing0-5,750-5,7500-5,4716,495-4,0710-1,287-4,982920-4,989-11,996-5,99325,008577,440
cash and cash equivalents
cash00000000-3,746321-3723,251-673-178-3871,784
overdraft0000000000000000
change in cash00000000-3,746321-3723,251-673-178-3871,784

citymile estates 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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Citymile Estates Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for citymile estates ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in IG3 area or any other competitors across 12 key performance metrics.

citymile estates ltd Ownership

CITYMILE ESTATES LTD group structure

Citymile Estates Ltd has no subsidiary companies.

Ultimate parent company

CITYMILE ESTATES LTD

05017792

CITYMILE ESTATES LTD Shareholders

amreek singh channa 70%
harveer singh channa 30%

citymile estates ltd directors

Citymile Estates Ltd currently has 1 director, Mr Amreek Channa serving since Feb 2004.

officercountryagestartendrole
Mr Amreek Channa53 years Feb 2004- Director

P&L

March 2024

turnover

78.2k

+29%

operating profit

-1.7k

0%

gross margin

34.8%

+4.44%

turnover

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

Balance Sheet

March 2024

net assets

93k

-0.02%

total assets

664.2k

0%

cash

0

0%

net assets

Total assets minus all liabilities

citymile estates ltd company details

company number

05017792

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

January 2004

age

20

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

50 felbrigge road, ilford, IG3 8DP

Bank

-

Legal Advisor

-

citymile estates 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 citymile estates ltd.

citymile estates 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.

Click to start generating capital raising & share issue transactions for CITYMILE ESTATES LTD. This can take several minutes, an email will notify you when this has completed.

citymile estates ltd Companies House Filings - See Documents

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