
Company Number
05446181
Next Accounts
Jun 2025
Shareholders
goldcrest properties ltd
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
Registered Address
timpson house claverton road, roundthorn industrial estate, manchester, M23 9TT
Website
https://www.timpson.co.ukPomanda estimates the enterprise value of FORDSNAP PROPERTIES LTD at £183.5k based on a Turnover of £115.2k and 1.59x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FORDSNAP PROPERTIES LTD at £42.8k based on an EBITDA of £10.2k and a 4.2x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FORDSNAP PROPERTIES LTD at £209.8k based on Net Assets of £115.4k and 1.82x industry multiple (adjusted for liquidity).
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Fordsnap Properties Ltd is a live company located in manchester, M23 9TT with a Companies House number of 05446181. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in May 2005, it's largest shareholder is goldcrest properties ltd with a 100% stake. Fordsnap Properties Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £115.2k with declining growth in recent years.
Pomanda's financial health check has awarded Fordsnap Properties Ltd a 1.5 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
0 Strong
4 Regular
7 Weak
Size
annual sales of £115.2k, make it smaller than the average company (£319.2k)
£115.2k - Fordsnap Properties Ltd
£319.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (3.5%)
-17% - Fordsnap Properties Ltd
3.5% - Industry AVG
Production
with a gross margin of 17.5%, this company has a higher cost of product (70.8%)
17.5% - Fordsnap Properties Ltd
70.8% - Industry AVG
Profitability
an operating margin of 8.9% make it as profitable than the average company (7.4%)
8.9% - Fordsnap Properties Ltd
7.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Fordsnap Properties Ltd
6 - Industry AVG
Pay Structure
on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)
- Fordsnap Properties Ltd
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £115.2k, this is equally as efficient (£101k)
- Fordsnap Properties Ltd
£101k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is near the average (49 days)
49 days - Fordsnap Properties Ltd
49 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (33 days)
7 days - Fordsnap Properties Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Fordsnap Properties Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is less cash available to meet short term requirements (50 weeks)
32 weeks - Fordsnap Properties Ltd
50 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.7%, this is a higher level of debt than the average (53.6%)
61.7% - Fordsnap Properties Ltd
53.6% - Industry AVG
Fordsnap Properties Ltd's latest turnover from September 2023 is £115.2 thousand and the company has net assets of £115.4 thousand. According to their latest financial statements, we estimate that Fordsnap Properties Ltd has 1 employee and maintains cash reserves of £114.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2023 | Oct 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Oct 2016 | Sep 2015 | Sep 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 115,185 | 121,071 | 139,680 | 203,860 | 182,553 | 233,303 | 235,690 | 241,358 | 235,113 | 460,664 | 365,289 | |||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | 10,205 | 1,414 | 3,676 | 7,983 | 14,590 | 10,308 | 10,671 | 11,120 | ||||||
Interest Payable | 343 | 117 | ||||||||||||
Interest Receivable | 119 | 158 | 147 | |||||||||||
Pre-Tax Profit | 10,205 | 1,414 | 3,676 | 7,983 | 14,933 | 10,425 | 10,790 | 11,278 | 1,250 | 18,701 | 24,473 | |||
Tax | -2,242 | -269 | -700 | -1,517 | -2,837 | -1,980 | -2,101 | -2,550 | -1,835 | |||||
Profit After Tax | 7,963 | 1,145 | 2,976 | 6,466 | 12,096 | 8,445 | 8,689 | 8,728 | -585 | 18,701 | 24,473 | |||
Dividends Paid | 100,000 | |||||||||||||
Retained Profit | 7,963 | -98,855 | 2,976 | 6,466 | 12,096 | 8,445 | 8,689 | 8,728 | -585 | 18,701 | 24,473 | |||
Employee Costs | ||||||||||||||
Number Of Employees | ||||||||||||||
EBITDA* | 10,205 | 1,414 | 3,676 | 7,983 | 14,590 | 10,308 | 10,671 | 11,120 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023 | Oct 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Oct 2016 | Sep 2015 | Sep 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | ||||||||||||||
Intangible Assets | ||||||||||||||
Investments & Other | ||||||||||||||
Debtors (Due After 1 year) | 5,500 | |||||||||||||
Total Fixed Assets | 5,500 | |||||||||||||
Stock & work in progress | ||||||||||||||
Trade Debtors | 15,545 | 17,759 | 380 | 44,560 | 16,667 | 14,634 | 20,826 | 24,702 | 32,222 | 139,966 | 274,623 | 330,265 | 413,124 | 366,549 |
Group Debtors | 156,476 | 172,718 | 182,498 | 183,274 | 189,195 | 124,145 | 128,202 | 152,983 | 177,373 | |||||
Misc Debtors | 14,478 | 12,987 | 39,928 | 10,902 | 31,714 | 4,174 | 37,725 | 41,604 | 10,706 | |||||
Cash | 114,367 | 47,787 | 94,794 | 74,580 | 49,719 | 108,542 | 67,360 | 26,788 | 15,107 | 108,129 | ||||
misc current assets | 96 | |||||||||||||
total current assets | 300,866 | 251,251 | 317,600 | 313,316 | 287,295 | 251,495 | 254,113 | 246,077 | 235,408 | 248,191 | 274,623 | 330,265 | 413,124 | 366,549 |
total assets | 300,866 | 251,251 | 317,600 | 313,316 | 287,295 | 251,495 | 254,113 | 246,077 | 235,408 | 248,191 | 274,623 | 330,265 | 413,124 | 372,049 |
Bank overdraft | ||||||||||||||
Bank loan | ||||||||||||||
Trade Creditors | 1,893 | 1,917 | 2,231 | 1,519 | 1,339 | 2,520 | 496 | 442 | 88,739 | 133,883 | 213,998 | 333,856 | 340,436 | |
Group/Directors Accounts | 142,717 | 122,166 | 99,336 | 67,366 | 26,790 | |||||||||
other short term finances | ||||||||||||||
hp & lease commitments | ||||||||||||||
other current liabilities | 40,881 | 19,756 | 9,766 | 41,140 | 62,341 | 64,246 | 77,333 | 78,040 | 76,541 | |||||
total current liabilities | 185,491 | 143,839 | 111,333 | 110,025 | 90,470 | 66,766 | 77,829 | 78,482 | 76,541 | 88,739 | 133,883 | 213,998 | 333,856 | 340,436 |
loans | ||||||||||||||
hp & lease commitments | ||||||||||||||
Accruals and Deferred Income | ||||||||||||||
other liabilities | ||||||||||||||
provisions | ||||||||||||||
total long term liabilities | ||||||||||||||
total liabilities | 185,491 | 143,839 | 111,333 | 110,025 | 90,470 | 66,766 | 77,829 | 78,482 | 76,541 | 88,739 | 133,883 | 213,998 | 333,856 | 340,436 |
net assets | 115,375 | 107,412 | 206,267 | 203,291 | 196,825 | 184,729 | 176,284 | 167,595 | 158,867 | 159,452 | 140,740 | 116,267 | 79,268 | 31,613 |
total shareholders funds | 115,375 | 107,412 | 206,267 | 203,291 | 196,825 | 184,729 | 176,284 | 167,595 | 158,867 | 159,452 | 140,740 | 116,267 | 79,268 | 31,613 |
Sep 2023 | Oct 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Oct 2016 | Sep 2015 | Sep 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 10,205 | 1,414 | 3,676 | 7,983 | 14,590 | 10,308 | 10,671 | 11,120 | ||||||
Depreciation | ||||||||||||||
Amortisation | ||||||||||||||
Tax | -2,242 | -269 | -700 | -1,517 | -2,837 | -1,980 | -2,101 | -2,550 | -1,835 | |||||
Stock | ||||||||||||||
Debtors | -16,965 | -19,342 | -15,930 | 1,160 | 94,623 | -43,800 | -32,536 | -1,012 | 80,335 | -134,657 | -55,642 | -82,859 | 41,075 | 372,049 |
Creditors | -24 | -314 | 712 | 180 | -1,181 | 2,024 | 54 | 442 | -88,739 | -45,144 | -80,115 | -119,858 | -6,580 | 340,436 |
Accruals and Deferred Income | 21,125 | 9,990 | -31,374 | -21,201 | -1,905 | -13,087 | -707 | 1,499 | 76,541 | |||||
Deferred Taxes & Provisions | ||||||||||||||
Cash flow from operations | 46,029 | 30,163 | -11,756 | -15,715 | -85,956 | 41,065 | 40,453 | 11,523 | ||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | ||||||||||||||
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | ||||||||||||||
Group/Directors Accounts | 20,551 | 22,830 | 31,970 | 40,576 | 26,790 | |||||||||
Other Short Term Loans | ||||||||||||||
Long term loans | ||||||||||||||
Hire Purchase and Lease Commitments | ||||||||||||||
other long term liabilities | ||||||||||||||
share issue | ||||||||||||||
interest | -343 | -117 | 119 | 158 | 147 | |||||||||
cash flow from financing | 20,551 | 22,830 | 31,970 | 40,576 | 26,447 | -117 | 119 | 158 | 147 | 11 | ||||
cash and cash equivalents | ||||||||||||||
cash | 66,580 | -47,007 | 20,214 | 24,861 | -58,823 | 41,182 | 40,572 | 11,681 | -93,022 | 108,129 | ||||
overdraft | ||||||||||||||
change in cash | 66,580 | -47,007 | 20,214 | 24,861 | -58,823 | 41,182 | 40,572 | 11,681 | -93,022 | 108,129 |
Perform a competitor analysis for fordsnap properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M23 area or any other competitors across 12 key performance metrics.
FORDSNAP PROPERTIES LTD group structure
Fordsnap Properties Ltd has no subsidiary companies.
Ultimate parent company
2 parents
FORDSNAP PROPERTIES LTD
05446181
Fordsnap Properties Ltd currently has 2 directors. The longest serving directors include Mr Paresh Majithia (Feb 2014) and Mr John Timpson (Feb 2014).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Paresh Majithia | Scotland | 58 years | Feb 2014 | - | Director |
Mr John Timpson | 82 years | Feb 2014 | - | Director |
P&L
September 2023turnover
115.2k
-5%
operating profit
10.2k
+622%
gross margin
17.5%
+3.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
115.4k
+0.07%
total assets
300.9k
+0.2%
cash
114.4k
+1.39%
net assets
Total assets minus all liabilities
company number
05446181
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
May 2005
age
20
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
timpson house claverton road, roundthorn industrial estate, manchester, M23 9TT
Bank
-
Legal Advisor
-
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 4 charges/mortgages relating to fordsnap properties ltd. Currently there are 4 open charges and 0 have been satisfied in the past.
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 FORDSNAP PROPERTIES LTD. This can take several minutes, an email will notify you when this has completed.
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