ipp properties no. 2 limited
ipp properties no. 2 limited Company Information
Company Number
05049457
Next Accounts
Sep 2025
Shareholders
ipp (ppp) ltd
Group Structure
View All
Industry
Non-trading company
Registered Address
3 more london riverside, london, SE1 2AQ
Website
http://babcockbrown.comipp properties no. 2 limited Estimated Valuation
Pomanda estimates the enterprise value of IPP PROPERTIES NO. 2 LIMITED at £1.4m based on a Turnover of £2.5m and 0.57x industry multiple (adjusted for size and gross margin).
ipp properties no. 2 limited Estimated Valuation
Pomanda estimates the enterprise value of IPP PROPERTIES NO. 2 LIMITED at £3.1m based on an EBITDA of £690k and a 4.48x industry multiple (adjusted for size and gross margin).
ipp properties no. 2 limited Estimated Valuation
Pomanda estimates the enterprise value of IPP PROPERTIES NO. 2 LIMITED at £3.4m based on Net Assets of £2.6m and 1.31x industry multiple (adjusted for liquidity).
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Ipp Properties No. 2 Limited Overview
Ipp Properties No. 2 Limited is a live company located in london, SE1 2AQ with a Companies House number of 05049457. It operates in the non-trading company sector, SIC Code 74990. Founded in February 2004, it's largest shareholder is ipp (ppp) ltd with a 100% stake. Ipp Properties No. 2 Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.5m with unknown growth in recent years.
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Ipp Properties No. 2 Limited Health Check
Pomanda's financial health check has awarded Ipp Properties No. 2 Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
3 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£3.9m)
£2.5m - Ipp Properties No. 2 Limited
£3.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ipp Properties No. 2 Limited
- - Industry AVG
Production
with a gross margin of 33.1%, this company has a comparable cost of product (35.8%)
33.1% - Ipp Properties No. 2 Limited
35.8% - Industry AVG
Profitability
an operating margin of 27.5% make it more profitable than the average company (4.9%)
27.5% - Ipp Properties No. 2 Limited
4.9% - Industry AVG
Employees
with 17 employees, this is below the industry average (42)
- Ipp Properties No. 2 Limited
42 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Ipp Properties No. 2 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £147.9k, this is equally as efficient (£154.1k)
- Ipp Properties No. 2 Limited
£154.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ipp Properties No. 2 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (41 days)
80 days - Ipp Properties No. 2 Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ipp Properties No. 2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 37 weeks, this is average cash available to meet short term requirements (34 weeks)
37 weeks - Ipp Properties No. 2 Limited
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.8%, this is a higher level of debt than the average (47.9%)
88.8% - Ipp Properties No. 2 Limited
47.9% - Industry AVG
IPP PROPERTIES NO. 2 LIMITED financials
Ipp Properties No. 2 Limited's latest turnover from December 2023 is £2.5 million and the company has net assets of £2.6 million. According to their latest financial statements, we estimate that Ipp Properties No. 2 Limited has 17 employees and maintains cash reserves of £5.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,514,000 | 2,676,000 | 2,886,000 | ||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 1,682,000 | 1,858,000 | 2,262,000 | ||||||||||||
| Gross Profit | 832,000 | 818,000 | 624,000 | ||||||||||||
| Admin Expenses | 142,000 | 155,000 | 171,000 | ||||||||||||
| Operating Profit | 690,000 | 663,000 | 453,000 | ||||||||||||
| Interest Payable | 1,020,000 | 1,126,000 | 1,222,000 | ||||||||||||
| Interest Receivable | 1,696,000 | 1,613,000 | 1,693,000 | ||||||||||||
| Pre-Tax Profit | 1,366,000 | 1,150,000 | 924,000 | 305,000 | 575,219 | 527,000 | 712,000 | 442,000 | 305,608 | 425,000 | 692,770 | ||||
| Tax | -321,000 | -216,000 | -172,000 | ||||||||||||
| Profit After Tax | 1,045,000 | 934,000 | 752,000 | 305,000 | 575,219 | 527,000 | 712,000 | 442,000 | 305,608 | 425,000 | 692,770 | ||||
| Dividends Paid | 1,100,000 | 1,887,000 | 305,000 | 575,219 | 527,000 | 712,000 | 442,000 | 305,608 | 425,000 | 692,770 | |||||
| Retained Profit | -55,000 | -953,000 | 752,000 | ||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 690,000 | 663,000 | 453,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | ||||
| Debtors (Due After 1 year) | 15,670,000 | 17,221,000 | 18,655,000 | ||||||||||||
| Total Fixed Assets | 15,670,000 | 17,221,000 | 18,655,000 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 42,000 | ||||||||||||||
| Group Debtors | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| Misc Debtors | 2,054,000 | 1,892,000 | 1,785,000 | ||||||||||||
| Cash | 5,710,000 | 6,373,000 | 6,454,000 | ||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 7,764,000 | 8,307,000 | 8,239,000 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||
| total assets | 23,434,000 | 25,528,000 | 26,894,000 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | |
| Bank overdraft | 1,763,000 | 1,653,000 | 17,040,000 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 371,000 | 143,000 | 212,000 | ||||||||||||
| Group/Directors Accounts | 148,000 | 148,000 | 249,000 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | |
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 5,537,000 | 6,193,000 | 4,911,000 | ||||||||||||
| total current liabilities | 7,819,000 | 8,137,000 | 22,412,000 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | |
| loans | 12,989,000 | 14,625,000 | 3,489,000 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 12,989,000 | 14,625,000 | 3,489,000 | ||||||||||||
| total liabilities | 20,808,000 | 22,762,000 | 25,901,000 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | |
| net assets | 2,626,000 | 2,766,000 | 993,000 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| total shareholders funds | 2,626,000 | 2,766,000 | 993,000 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 690,000 | 663,000 | 453,000 | ||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -321,000 | -216,000 | -172,000 | ||||||||||||
| Stock | |||||||||||||||
| Debtors | -1,431,000 | -1,285,000 | 20,439,999 | 1 | |||||||||||
| Creditors | 228,000 | -69,000 | 212,000 | ||||||||||||
| Accruals and Deferred Income | -656,000 | 1,282,000 | 4,911,000 | ||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 1,372,000 | 2,945,000 | -15,035,999 | -1 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -4 | 4 | -4 | 4 | |||||||||||
| cash flow from investments | 4 | ||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -101,000 | 248,996 | 1 | 3 | -3 | 3 | |||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -1,636,000 | 11,136,000 | 3,489,000 | ||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 676,000 | 487,000 | 471,000 | ||||||||||||
| cash flow from financing | -1,045,000 | 14,248,000 | 4,449,995 | 1 | 4 | 4 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -663,000 | -81,000 | 6,454,000 | ||||||||||||
| overdraft | 110,000 | -15,387,000 | 17,040,000 | ||||||||||||
| change in cash | -773,000 | 15,306,000 | -10,586,000 |
ipp properties no. 2 limited Credit Report and Business Information
Ipp Properties No. 2 Limited Competitor Analysis
Perform a competitor analysis for ipp properties no. 2 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SE1 area or any other competitors across 12 key performance metrics.
ipp properties no. 2 limited Ownership
IPP PROPERTIES NO. 2 LIMITED group structure
Ipp Properties No. 2 Limited has 4 subsidiary companies.
Ultimate parent company
INTERNATIONAL PUBLIC PARTNERSHIPS LTD
#0060824
2 parents
IPP PROPERTIES NO. 2 LIMITED
05049457
4 subsidiaries
ipp properties no. 2 limited directors
Ipp Properties No. 2 Limited currently has 3 directors. The longest serving directors include Mr Daniel Ward (Nov 2019) and Mr Andrew Trow (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Ward | England | 43 years | Nov 2019 | - | Director |
| Mr Andrew Trow | England | 51 years | Nov 2019 | - | Director |
| Mr William Lewis | England | 45 years | Jul 2022 | - | Director |
P&L
December 2023turnover
2.5m
-6%
operating profit
690k
+4%
gross margin
33.1%
+8.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.6m
-0.05%
total assets
23.4m
-0.08%
cash
5.7m
-0.1%
net assets
Total assets minus all liabilities
ipp properties no. 2 limited company details
company number
05049457
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
February 2004
age
21
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
babcock & brown properties no. 2 limited (September 2009)
dwsco 2503 limited (March 2004)
accountant
-
auditor
FORVIS MAZARS LLP
address
3 more london riverside, london, SE1 2AQ
Bank
-
Legal Advisor
-
ipp properties no. 2 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 1 charges/mortgages relating to ipp properties no. 2 limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ipp properties no. 2 limited 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 IPP PROPERTIES NO. 2 LIMITED. This can take several minutes, an email will notify you when this has completed.
ipp properties no. 2 limited Companies House Filings - See Documents
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