preferred residential securities 05-2 plc
preferred residential securities 05-2 plc Company Information
Company Number
05419643
Website
http://wilmingtontrust.comRegistered Address
third floor 1 king's arms yard, london, EC2R 7AF
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
preferred residential securities 05-2 parent ltd 100%
wilmington trust sp services (london) ltd 0%
preferred residential securities 05-2 plc Estimated Valuation
Pomanda estimates the enterprise value of PREFERRED RESIDENTIAL SECURITIES 05-2 PLC at £3.5m based on a Turnover of £3.7m and 0.93x industry multiple (adjusted for size and gross margin).
preferred residential securities 05-2 plc Estimated Valuation
Pomanda estimates the enterprise value of PREFERRED RESIDENTIAL SECURITIES 05-2 PLC at £38.3m based on an EBITDA of £5.3m and a 7.26x industry multiple (adjusted for size and gross margin).
preferred residential securities 05-2 plc Estimated Valuation
Pomanda estimates the enterprise value of PREFERRED RESIDENTIAL SECURITIES 05-2 PLC at £5.1m based on Net Assets of £2m and 2.54x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Preferred Residential Securities 05-2 Plc Overview
Preferred Residential Securities 05-2 Plc is a live company located in london, EC2R 7AF with a Companies House number of 05419643. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2005, it's largest shareholder is preferred residential securities 05-2 parent ltd with a 100% stake. Preferred Residential Securities 05-2 Plc is a established, small sized company, Pomanda has estimated its turnover at £3.7m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Preferred Residential Securities 05-2 Plc Health Check
Pomanda's financial health check has awarded Preferred Residential Securities 05-2 Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
1 Weak
Size
annual sales of £3.7m, make it larger than the average company (£2.9m)
£3.7m - Preferred Residential Securities 05-2 Plc
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (2.5%)
36% - Preferred Residential Securities 05-2 Plc
2.5% - Industry AVG
Production
with a gross margin of 75.5%, this company has a lower cost of product (38.8%)
75.5% - Preferred Residential Securities 05-2 Plc
38.8% - Industry AVG
Profitability
an operating margin of 141.7% make it more profitable than the average company (6.6%)
141.7% - Preferred Residential Securities 05-2 Plc
6.6% - Industry AVG
Employees
with 28 employees, this is above the industry average (21)
- Preferred Residential Securities 05-2 Plc
21 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Preferred Residential Securities 05-2 Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £132.8k, this is equally as efficient (£136.6k)
- Preferred Residential Securities 05-2 Plc
£136.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Preferred Residential Securities 05-2 Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Preferred Residential Securities 05-2 Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Preferred Residential Securities 05-2 Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 110 weeks, this is more cash available to meet short term requirements (27 weeks)
110 weeks - Preferred Residential Securities 05-2 Plc
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.1%, this is a higher level of debt than the average (63%)
94.1% - Preferred Residential Securities 05-2 Plc
63% - Industry AVG
PREFERRED RESIDENTIAL SECURITIES 05-2 PLC financials
Preferred Residential Securities 05-2 Plc's latest turnover from November 2022 is £3.7 million and the company has net assets of £2 million. According to their latest financial statements, we estimate that Preferred Residential Securities 05-2 Plc has 28 employees and maintains cash reserves of £5.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,718,000 | 1,332,000 | 872,000 | 1,464,000 | 1,393,000 | 2,098,000 | 2,671,000 | 2,278,000 | 2,476,000 | 2,696,000 | 3,308,000 | 3,391,000 | 2,908,000 | 6,973,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 912,000 | 511,000 | 295,000 | 543,000 | 847,000 | 754,000 | 908,000 | 1,046,000 | 1,337,000 | 1,447,000 | 1,969,000 | 2,582,000 | 2,272,000 | 3,803,000 |
| Gross Profit | 2,806,000 | 821,000 | 577,000 | 921,000 | 546,000 | 1,344,000 | 1,763,000 | 1,232,000 | 1,139,000 | 1,249,000 | 1,339,000 | 809,000 | 636,000 | 3,170,000 |
| Admin Expenses | 446,000 | 700,000 | ||||||||||||
| Operating Profit | 131,000 | 221,000 | ||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,950,000 | 3,000 | 4,000 | 4,000 | 5,000 | -1,243,000 | -1,053,000 | -132,000 | -53,000 | 74,000 | 23,000 | -621,000 | 10,647,000 | -9,561,000 |
| Tax | 0 | 0 | 10,000 | -10,000 | 0 | 464,000 | 388,000 | 249,000 | 359,000 | 271,000 | 272,000 | 234,000 | -2,090,000 | 1,579,000 |
| Profit After Tax | 1,950,000 | 3,000 | 14,000 | -6,000 | 5,000 | -779,000 | -665,000 | 117,000 | 306,000 | 345,000 | 295,000 | -387,000 | 8,557,000 | -7,982,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,950,000 | 3,000 | 14,000 | -6,000 | 5,000 | -779,000 | -665,000 | 117,000 | 306,000 | 345,000 | 295,000 | -387,000 | 8,557,000 | -7,982,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 3 | 3 | ||||||||||||
| EBITDA* | 131,000 | 221,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 65,757,000 | 69,327,000 | 75,261,000 | 82,804,000 | 92,962,000 |
| Debtors (Due After 1 year) | 23,438,000 | 24,256,000 | 27,081,000 | 29,699,000 | 40,477,000 | 42,442,000 | 46,427,000 | 53,711,000 | 59,342,000 | 5,563,000 | 5,304,000 | 6,548,000 | 6,917,000 | 11,529,000 |
| Total Fixed Assets | 23,438,000 | 24,256,000 | 27,081,000 | 29,699,000 | 40,477,000 | 42,442,000 | 46,427,000 | 53,711,000 | 59,342,000 | 71,320,000 | 74,631,000 | 81,809,000 | 89,721,000 | 104,491,000 |
| 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 | 4,719,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 13,000 | 0 | 0 | 0 | 26,000 | 33,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,172,000 | 3,774,000 | 4,295,000 | 5,836,000 | 4,726,000 | 0 | 4,845,000 | 1,132,000 | 1,228,000 | 128,000 | 150,000 | 125,000 | 173,000 | 186,000 |
| Cash | 5,204,000 | 5,083,000 | 6,320,000 | 6,283,000 | 8,742,000 | 10,403,000 | 9,037,000 | 6,144,000 | 6,813,000 | 27,218,000 | 27,153,000 | 22,858,000 | 22,812,000 | 24,399,000 |
| misc current assets | 2,177,000 | 2,409,000 | 3,551,000 | 3,289,000 | 4,599,000 | 5,185,000 | 4,830,000 | 849,000 | 3,938,000 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,566,000 | 11,266,000 | 14,166,000 | 15,408,000 | 18,093,000 | 20,340,000 | 18,713,000 | 8,125,000 | 11,979,000 | 27,346,000 | 27,303,000 | 22,983,000 | 22,985,000 | 24,585,000 |
| total assets | 34,004,000 | 35,522,000 | 41,247,000 | 45,107,000 | 58,570,000 | 62,782,000 | 65,140,000 | 61,836,000 | 71,321,000 | 98,666,000 | 101,934,000 | 104,792,000 | 112,706,000 | 129,076,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 5,000 | 5,000 | 0 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 27,000 | 40,000 |
| other short term finances | 2,180,000 | 2,510,000 | 3,800,000 | 3,920,000 | 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 | 278,000 | 139,000 | 173,000 | 256,000 | 5,756,000 | 6,767,000 | 6,508,000 | 2,461,000 | 3,819,000 | 24,391,000 | 24,328,000 | 19,511,000 | 19,394,000 | 19,512,000 |
| total current liabilities | 2,458,000 | 2,649,000 | 3,973,000 | 4,176,000 | 5,761,000 | 6,772,000 | 6,508,000 | 2,466,000 | 3,824,000 | 24,396,000 | 24,333,000 | 19,516,000 | 19,421,000 | 19,552,000 |
| loans | 29,523,000 | 32,800,000 | 37,204,000 | 40,875,000 | 52,747,000 | 58,251,000 | 59,684,000 | 59,369,000 | 67,364,000 | 74,084,000 | 77,489,000 | 85,187,000 | 92,575,000 | 119,554,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 410,000 | 798,000 | 1,047,000 | 1,406,000 | 1,677,000 | 1,949,000 | 2,183,000 | 0 |
| total long term liabilities | 29,523,000 | 32,800,000 | 37,204,000 | 40,875,000 | 52,747,000 | 58,251,000 | 60,094,000 | 60,167,000 | 68,411,000 | 75,490,000 | 79,166,000 | 87,136,000 | 94,758,000 | 119,554,000 |
| total liabilities | 31,981,000 | 35,449,000 | 41,177,000 | 45,051,000 | 58,508,000 | 65,023,000 | 66,602,000 | 62,633,000 | 72,235,000 | 99,886,000 | 103,499,000 | 106,652,000 | 114,179,000 | 139,106,000 |
| net assets | 2,023,000 | 73,000 | 70,000 | 56,000 | 62,000 | -2,241,000 | -1,462,000 | -797,000 | -914,000 | -1,220,000 | -1,565,000 | -1,860,000 | -1,473,000 | -10,030,000 |
| total shareholders funds | 2,023,000 | 73,000 | 70,000 | 56,000 | 62,000 | -2,241,000 | -1,462,000 | -797,000 | -914,000 | -1,220,000 | -1,565,000 | -1,860,000 | -1,473,000 | -10,030,000 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 131,000 | 221,000 | ||||||||||||
| 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 | 10,000 | -10,000 | 0 | 464,000 | 388,000 | 249,000 | 359,000 | 271,000 | 272,000 | 234,000 | -2,090,000 | 1,579,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,407,000 | -3,346,000 | -4,159,000 | -9,694,000 | -1,965,000 | -4,079,000 | -3,570,000 | -5,727,000 | 54,879,000 | 237,000 | -1,219,000 | -417,000 | -4,625,000 | 11,715,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 139,000 | -34,000 | -83,000 | -5,500,000 | -1,011,000 | 259,000 | 4,047,000 | -1,358,000 | -20,572,000 | 63,000 | 4,817,000 | 117,000 | -118,000 | 19,512,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -410,000 | -388,000 | -249,000 | -359,000 | -271,000 | -272,000 | -234,000 | 2,183,000 | 0 |
| Cash flow from operations | 4,217,000 | 4,405,000 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 5,725,000 | 5,464,000 | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -65,757,000 | -3,570,000 | -5,934,000 | -7,543,000 | -10,158,000 | 92,962,000 |
| cash flow from investments | 5,725,000 | 71,221,000 | ||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -5,000 | 0 | 5,000 | -5,000 | 0 | 0 | 0 | 0 | -22,000 | -13,000 | 40,000 |
| Other Short Term Loans | -330,000 | -1,290,000 | -120,000 | 3,920,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -3,277,000 | -4,404,000 | -3,671,000 | -11,872,000 | -5,504,000 | -1,433,000 | 315,000 | -7,995,000 | -6,720,000 | -3,405,000 | -7,698,000 | -7,388,000 | -26,979,000 | 119,554,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -3,607,000 | -5,694,000 | -3,791,000 | -7,957,000 | -3,206,000 | -1,428,000 | 310,000 | -7,995,000 | -6,720,000 | -3,405,000 | -7,698,000 | -7,410,000 | -26,992,000 | 117,546,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 121,000 | -1,237,000 | 37,000 | -2,459,000 | -1,661,000 | 1,366,000 | 2,893,000 | -669,000 | -20,405,000 | 65,000 | 4,295,000 | 46,000 | -1,587,000 | 24,399,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 121,000 | -1,237,000 | 37,000 | -2,459,000 | -1,661,000 | 1,366,000 | 2,893,000 | -669,000 | -20,405,000 | 65,000 | 4,295,000 | 46,000 | -1,587,000 | 24,399,000 |
preferred residential securities 05-2 plc Credit Report and Business Information
Preferred Residential Securities 05-2 Plc Competitor Analysis
Perform a competitor analysis for preferred residential securities 05-2 plc by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EC2R area or any other competitors across 12 key performance metrics.
preferred residential securities 05-2 plc Ownership
PREFERRED RESIDENTIAL SECURITIES 05-2 PLC group structure
Preferred Residential Securities 05-2 Plc has no subsidiary companies.
Ultimate parent company
2 parents
PREFERRED RESIDENTIAL SECURITIES 05-2 PLC
05419643
preferred residential securities 05-2 plc directors
Preferred Residential Securities 05-2 Plc currently has 2 directors. The longest serving directors include Mr Daniel Wynne (Mar 2017) and Mr Christopher Duffy (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Wynne | United Kingdom | 54 years | Mar 2017 | - | Director |
| Mr Christopher Duffy | United Kingdom | 51 years | Sep 2019 | - | Director |
P&L
November 2022turnover
3.7m
+179%
operating profit
5.3m
0%
gross margin
75.5%
+22.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
2m
+26.71%
total assets
34m
-0.04%
cash
5.2m
+0.02%
net assets
Total assets minus all liabilities
preferred residential securities 05-2 plc company details
company number
05419643
Type
Public limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2005
age
19
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
preferred residential securities 05-2 limited (October 2005)
eurosail asset co 2005-1 limited (September 2005)
last accounts submitted
November 2022
address
third floor 1 king's arms yard, london, EC2R 7AF
accountant
-
auditor
KPMG LLP
preferred residential securities 05-2 plc 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 preferred residential securities 05-2 plc. Currently there are 1 open charges and 0 have been satisfied in the past.
preferred residential securities 05-2 plc Companies House Filings - See Documents
| date | description | view/download |
|---|
