eros properties limited
eros properties limited Company Information
Company Number
05081125
Website
www.axiomestates.comRegistered Address
12th floor aldgate tower, 2 leman street, london, E1W 9US
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
January 2025
Group Structure
View All
Shareholders
jonathan berman 22.5%
mark andrew pears & barry shaw & trevor steven pears 16.7%
View Alleros properties limited Estimated Valuation
Pomanda estimates the enterprise value of EROS PROPERTIES LIMITED at £11.9m based on a Turnover of £3.2m and 3.71x industry multiple (adjusted for size and gross margin).
eros properties limited Estimated Valuation
Pomanda estimates the enterprise value of EROS PROPERTIES LIMITED at £47.2m based on an EBITDA of £5.8m and a 8.13x industry multiple (adjusted for size and gross margin).
eros properties limited Estimated Valuation
Pomanda estimates the enterprise value of EROS PROPERTIES LIMITED at £0 based on Net Assets of £-33.4m and 1.6x industry multiple (adjusted for liquidity).
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Eros Properties Limited Overview
Eros Properties Limited is a live company located in london, E1W 9US with a Companies House number of 05081125. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2004, it's largest shareholder is jonathan berman with a 22.5% stake. Eros Properties Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.2m with declining growth in recent years.
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Eros Properties Limited Health Check
Pomanda's financial health check has awarded Eros Properties Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
3 Weak
Size
annual sales of £3.2m, make it larger than the average company (£807k)
£3.2m - Eros Properties Limited
£807k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (2.1%)
-6% - Eros Properties Limited
2.1% - Industry AVG
Production
with a gross margin of 82.9%, this company has a comparable cost of product (71.5%)
82.9% - Eros Properties Limited
71.5% - Industry AVG
Profitability
an operating margin of 180.7% make it more profitable than the average company (27.4%)
180.7% - Eros Properties Limited
27.4% - Industry AVG
Employees
with 7 employees, this is above the industry average (3)
7 - Eros Properties Limited
3 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)
- Eros Properties Limited
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £458.6k, this is more efficient (£183.1k)
£458.6k - Eros Properties Limited
£183.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Eros Properties Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Eros Properties Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Eros Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Eros Properties Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 171.7%, this is a higher level of debt than the average (67.8%)
171.7% - Eros Properties Limited
67.8% - Industry AVG
eros properties limited Credit Report and Business Information
Eros Properties Limited Competitor Analysis
Perform a competitor analysis for eros properties limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
eros properties limited Ownership
EROS PROPERTIES LIMITED group structure
Eros Properties Limited has no subsidiary companies.
Ultimate parent company
EROS PROPERTIES LIMITED
05081125
eros properties limited directors
Eros Properties Limited currently has 4 directors. The longest serving directors include Mr Frank Khalastchi (Mar 2004) and Mr Peter Khalastchi (Mar 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Frank Khalastchi | 91 years | Mar 2004 | - | Director | |
| Mr Peter Khalastchi | 60 years | Mar 2004 | - | Director | |
| Mr Anthony Khalastchi | 63 years | Mar 2004 | - | Director | |
| Mr Jonathan Berman | Thailand | 55 years | May 2004 | - | Director |
EROS PROPERTIES LIMITED financials
Eros Properties Limited's latest turnover from April 2023 is £3.2 million and the company has net assets of -£33.4 million. According to their latest financial statements, Eros Properties Limited has 7 employees and maintains cash reserves of £918.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,210,149 | 3,665,626 | 3,498,121 | 3,868,537 | 4,028,723 | 3,913,674 | 3,978,143 | 4,448,295 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 547,987 | 552,643 | 417,580 | 413,839 | 523,819 | 482,278 | 447,708 | 426,680 | ||||||
| Gross Profit | 2,662,162 | 3,112,983 | 3,080,541 | 3,454,698 | 3,504,904 | 3,431,396 | 3,530,435 | 4,021,615 | ||||||
| Admin Expenses | -3,139,290 | 2,472,546 | 135,150 | -636,168 | 2,828,617 | -668,562 | -3,651,873 | 2,559,938 | ||||||
| Operating Profit | 5,801,452 | 640,437 | 2,945,391 | 4,090,866 | 676,287 | 4,099,958 | 7,182,308 | 1,461,677 | ||||||
| Interest Payable | 5,479,801 | 4,829,504 | 4,547,613 | 4,568,417 | 4,310,980 | 5,038,997 | 4,165,790 | 3,931,812 | ||||||
| Interest Receivable | 5,731 | 543 | 16 | 10 | 3,696 | 4,959 | 2,843 | 5,432 | ||||||
| Pre-Tax Profit | 327,382 | -4,188,524 | -1,602,206 | -477,541 | -3,630,997 | -934,080 | 3,019,361 | -2,464,703 | ||||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15,766 | ||||||
| Profit After Tax | 327,382 | -4,188,524 | -1,602,206 | -477,541 | -3,630,997 | -934,080 | 3,019,361 | -2,480,469 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | 327,382 | -4,188,524 | -1,602,206 | -477,541 | -3,630,997 | -934,080 | 3,019,361 | -2,480,469 | ||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | ||||||
| EBITDA* | 5,801,452 | 640,437 | 2,945,391 | 4,090,866 | 676,287 | 4,099,958 | 7,182,308 | 1,461,677 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 44,452,500 | 48,402,500 | 53,144,915 | 54,430,000 | 54,100,000 | 57,414,254 | 59,178,350 | 55,816,406 | 58,920,807 | 58,987,000 | 66,552,655 | 70,552,286 | 70,552,286 | 70,829,810 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 44,452,500 | 48,402,500 | 53,144,915 | 54,430,000 | 54,100,000 | 57,414,254 | 59,178,350 | 55,816,406 | 58,920,807 | 58,987,000 | 66,552,655 | 70,552,286 | 70,552,286 | 70,829,810 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 124,098 | 180,699 | 201,755 | 112,955 | 215,730 | 181,487 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,255,450 | 514,059 | 397,777 | 296,235 | 324,204 | 481,625 | 96,798 | 139,800 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 918,050 | 531,922 | 251,775 | 270,796 | 421,886 | 1,932,836 | 1,835,484 | 2,351,400 | 2,773,587 | 2,968,168 | 1,468,813 | 523,433 | 1,098,292 | 699,002 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,173,500 | 1,045,981 | 649,552 | 567,031 | 746,090 | 2,414,461 | 1,932,282 | 2,491,200 | 2,897,685 | 3,148,867 | 1,670,568 | 636,388 | 1,314,022 | 880,489 |
| total assets | 46,626,000 | 49,448,481 | 53,794,467 | 54,997,031 | 54,846,090 | 59,828,715 | 61,110,632 | 58,307,606 | 61,818,492 | 62,135,867 | 68,223,223 | 71,188,674 | 71,866,308 | 71,710,299 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 1,913,985 | 2,155,282 | 32,222,575 | 1,893,166 | 2,479,840 | 2,366,824 | 2,253,809 | 50,325,636 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34,412,929 | 86,008,779 | 87,192,364 | 29,314,197 | 89,450,543 | 89,433,328 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 56,354,817 | 53,332,200 | 49,466,337 | 45,884,736 | 42,330,032 | 39,991,236 | 35,512,318 | 32,341,171 | 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 | 2,311,520 | 1,770,915 | 1,669,101 | 1,699,266 | 1,572,379 | 2,018,663 | 2,195,482 | 1,578,882 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 60,580,322 | 57,258,397 | 83,358,013 | 49,477,168 | 46,382,251 | 44,376,723 | 39,961,609 | 84,245,689 | 34,412,929 | 86,008,779 | 87,192,364 | 29,314,197 | 89,450,543 | 89,433,328 |
| loans | 19,470,366 | 25,942,154 | 0 | 33,481,203 | 35,947,638 | 39,304,794 | 44,067,745 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,863,177 | 0 | 0 | 58,685,963 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 19,470,366 | 25,942,154 | 0 | 33,481,203 | 35,947,638 | 39,304,794 | 44,067,745 | 0 | 50,863,177 | 0 | 0 | 58,685,963 | 0 | 0 |
| total liabilities | 80,050,688 | 83,200,551 | 83,358,013 | 82,958,371 | 82,329,889 | 83,681,517 | 84,029,354 | 84,245,689 | 85,276,106 | 86,008,779 | 87,192,364 | 88,000,160 | 89,450,543 | 89,433,328 |
| net assets | -33,424,688 | -33,752,070 | -29,563,546 | -27,961,340 | -27,483,799 | -23,852,802 | -22,918,722 | -25,938,083 | -23,457,614 | -23,872,912 | -18,969,141 | -16,811,486 | -17,584,235 | -17,723,029 |
| total shareholders funds | -33,424,688 | -33,752,070 | -29,563,546 | -27,961,340 | -27,483,799 | -23,852,802 | -22,918,722 | -25,938,083 | -23,457,614 | -23,872,912 | -18,969,141 | -16,811,486 | -17,584,235 | -17,723,029 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 5,801,452 | 640,437 | 2,945,391 | 4,090,866 | 676,287 | 4,099,958 | 7,182,308 | 1,461,677 | ||||||
| Depreciation | 0 | 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 | 0 | 0 | 0 | -15,766 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 741,391 | 116,282 | 101,542 | -27,969 | -157,421 | 384,827 | -43,002 | 15,702 | -56,601 | -21,056 | 88,800 | -102,775 | 34,243 | 181,487 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -34,412,929 | -51,595,850 | -1,183,585 | 57,878,167 | -60,136,346 | 17,215 | 89,433,328 |
| Accruals and Deferred Income | 540,605 | 101,814 | -30,165 | 126,887 | -446,284 | -176,819 | 616,600 | 1,578,882 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 5,600,666 | 625,969 | 2,813,684 | 4,245,722 | 387,424 | 3,538,312 | 7,841,910 | -31,403,838 | ||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -3,950,000 | -4,742,415 | -1,285,085 | 330,000 | -3,314,254 | -1,764,096 | 3,361,944 | -3,104,401 | -66,193 | -7,565,655 | -3,999,631 | 0 | -277,524 | 70,829,810 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -241,297 | -30,067,293 | 30,329,409 | -586,674 | 113,016 | 113,015 | -48,071,827 | 50,325,636 | 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 | 3,022,617 | 3,865,863 | 3,581,601 | 3,554,704 | 2,338,796 | 4,478,918 | 3,171,147 | 32,341,171 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -6,471,788 | 25,942,154 | -33,481,203 | -2,466,435 | -3,357,156 | -4,762,951 | 44,067,745 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -50,863,177 | 50,863,177 | 0 | -58,685,963 | 58,685,963 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -5,474,070 | -4,828,961 | -4,547,597 | -4,568,407 | -4,307,284 | -5,034,038 | -4,162,947 | -3,926,380 | ||||||
| cash flow from financing | -9,164,538 | -5,088,237 | -4,117,790 | -4,066,812 | -5,212,628 | -5,205,056 | -4,995,882 | 27,877,250 | ||||||
| cash and cash equivalents | ||||||||||||||
| cash | 386,128 | 280,147 | -19,021 | -151,090 | -1,510,950 | 97,352 | -515,916 | -422,187 | -194,581 | 1,499,355 | 945,380 | -574,859 | 399,290 | 699,002 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 386,128 | 280,147 | -19,021 | -151,090 | -1,510,950 | 97,352 | -515,916 | -422,187 | -194,581 | 1,499,355 | 945,380 | -574,859 | 399,290 | 699,002 |
P&L
April 2023turnover
3.2m
-12%
operating profit
5.8m
+806%
gross margin
83%
-2.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-33.4m
-0.01%
total assets
46.6m
-0.06%
cash
918.1k
+0.73%
net assets
Total assets minus all liabilities
eros properties limited company details
company number
05081125
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
March 2004
age
20
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
12th floor aldgate tower, 2 leman street, london, E1W 9US
last accounts submitted
April 2023
eros properties 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 104 charges/mortgages relating to eros properties limited. Currently there are 63 open charges and 41 have been satisfied in the past.
eros properties limited Companies House Filings - See Documents
| date | description | view/download |
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