path assets limited
path assets limited Company Information
Company Number
05119267
Next Accounts
Feb 2025
Industry
Buying and selling of own real estate
Shareholders
speedbird investments ltd
amal holdings ltd
Group Structure
View All
Contact
Registered Address
20 goodge place, london, W1T 4SH
Website
-path assets limited Estimated Valuation
Pomanda estimates the enterprise value of PATH ASSETS LIMITED at £692.5k based on a Turnover of £362.2k and 1.91x industry multiple (adjusted for size and gross margin).
path assets limited Estimated Valuation
Pomanda estimates the enterprise value of PATH ASSETS LIMITED at £86.2k based on an EBITDA of £19.8k and a 4.36x industry multiple (adjusted for size and gross margin).
path assets limited Estimated Valuation
Pomanda estimates the enterprise value of PATH ASSETS LIMITED at £440.8k based on Net Assets of £273.6k and 1.61x industry multiple (adjusted for liquidity).
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Path Assets Limited Overview
Path Assets Limited is a live company located in london, W1T 4SH with a Companies House number of 05119267. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2004, it's largest shareholder is speedbird investments ltd with a 50% stake. Path Assets Limited is a mature, micro sized company, Pomanda has estimated its turnover at £362.2k with healthy growth in recent years.
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Path Assets Limited Health Check
Pomanda's financial health check has awarded Path Assets Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £362.2k, make it smaller than the average company (£852.3k)
- Path Assets Limited
£852.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (2.1%)
- Path Assets Limited
2.1% - Industry AVG
Production
with a gross margin of 26.3%, this company has a higher cost of product (69.1%)
- Path Assets Limited
69.1% - Industry AVG
Profitability
an operating margin of 5.5% make it less profitable than the average company (30.2%)
- Path Assets Limited
30.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Path Assets Limited
4 - Industry AVG
Pay Structure
on an average salary of £35.9k, the company has an equivalent pay structure (£35.9k)
- Path Assets Limited
£35.9k - Industry AVG
Efficiency
resulting in sales per employee of £181.1k, this is equally as efficient (£190.6k)
- Path Assets Limited
£190.6k - Industry AVG
Debtor Days
it gets paid by customers after 134 days, this is later than average (26 days)
- Path Assets Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (31 days)
- Path Assets Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Path Assets Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Path Assets Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.6%, this is a lower level of debt than the average (64.5%)
42.6% - Path Assets Limited
64.5% - Industry AVG
PATH ASSETS LIMITED financials
Path Assets Limited's latest turnover from May 2023 is estimated at £362.2 thousand and the company has net assets of £273.6 thousand. According to their latest financial statements, Path Assets Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | |||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 342,973 | 342,973 | 342,973 | 342,973 | 342,973 | 342,973 | 342,973 | 0 | 0 | 342,973 | 342,973 | 342,973 | 342,973 | 342,973 |
| 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 | 342,973 | 342,973 | 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 | 342,973 | 342,973 | 342,973 | 342,973 | 342,973 | 342,973 | 342,973 | 342,973 | 342,973 | 342,973 | 342,973 | 342,973 | 342,973 | 342,973 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 133,573 | 118,002 | 77,264 | 65,567 | 49,900 | 34,368 | 18,932 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,117 | 66 | 6,916 | 6,839 | 6,538 | 25,535 | 10,381 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 133,573 | 118,002 | 77,264 | 65,567 | 49,900 | 34,368 | 18,932 | 3,117 | 66 | 6,916 | 6,839 | 6,538 | 25,535 | 10,381 |
| total assets | 476,546 | 460,975 | 420,237 | 408,540 | 392,873 | 377,341 | 361,905 | 346,090 | 343,039 | 349,889 | 349,812 | 349,511 | 368,508 | 353,354 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,061 | 199,790 | 174,222 | 177,591 | 178,022 | 177,932 | 177,966 | 179,930 | 192,605 | 214,616 | 118,152 | 124,621 | 273,973 | 273,611 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 111,492 | 119,942 | 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 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,061 | 199,790 | 174,222 | 177,591 | 178,022 | 177,932 | 177,966 | 179,930 | 192,605 | 214,616 | 229,644 | 244,563 | 273,973 | 273,611 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 2,379 | 2,379 | 2,365 | 2,365 | 2,365 | 2,365 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 198,850 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 198,850 | 2,379 | 2,379 | 2,365 | 2,365 | 2,365 | 2,365 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 202,911 | 202,169 | 176,601 | 179,956 | 180,387 | 180,297 | 180,331 | 179,930 | 192,605 | 214,616 | 229,644 | 244,563 | 273,973 | 273,611 |
| net assets | 273,635 | 258,806 | 243,636 | 228,584 | 212,486 | 197,044 | 181,574 | 166,160 | 150,434 | 135,273 | 120,168 | 104,948 | 94,535 | 79,743 |
| total shareholders funds | 273,635 | 258,806 | 243,636 | 228,584 | 212,486 | 197,044 | 181,574 | 166,160 | 150,434 | 135,273 | 120,168 | 104,948 | 94,535 | 79,743 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| 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 | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 15,571 | 40,738 | 11,697 | 15,667 | 15,532 | 15,436 | 18,932 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -195,729 | 25,568 | -3,369 | -431 | 90 | -34 | -1,964 | -12,675 | -22,011 | 96,464 | -6,469 | -149,352 | 362 | 273,611 |
| Accruals and Deferred Income | -2,379 | 0 | 14 | 0 | 0 | 0 | 2,365 | 0 | 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 | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -342,973 | 0 | 342,973 | 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 | -111,492 | -8,450 | 119,942 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 198,850 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -3,117 | 3,051 | -6,850 | 77 | 301 | -18,997 | 15,154 | 10,381 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -3,117 | 3,051 | -6,850 | 77 | 301 | -18,997 | 15,154 | 10,381 |
path assets limited Credit Report and Business Information
Path Assets Limited Competitor Analysis
Perform a competitor analysis for path assets limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in W1T area or any other competitors across 12 key performance metrics.
path assets limited Ownership
PATH ASSETS LIMITED group structure
Path Assets Limited has no subsidiary companies.
Ultimate parent company
PATH ASSETS LIMITED
05119267
path assets limited directors
Path Assets Limited currently has 2 directors. The longest serving directors include Mr Aboobaker Ahmed (May 2004) and Mr Muhammed Ahmed (Jul 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Aboobaker Ahmed | England | 71 years | May 2004 | - | Director |
| Mr Muhammed Ahmed | England | 41 years | Jul 2017 | - | Director |
P&L
May 2023turnover
362.2k
-19%
operating profit
19.8k
0%
gross margin
26.3%
-3.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
273.6k
+0.06%
total assets
476.5k
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
path assets limited company details
company number
05119267
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
May 2004
age
20
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
20 goodge place, london, W1T 4SH
Bank
-
Legal Advisor
-
path assets 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 did not find charges/mortgages relating to path assets limited.
path assets 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.
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path assets limited Companies House Filings - See Documents
| date | description | view/download |
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