fordsnap properties ltd

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fordsnap properties ltd Company Information

Share FORDSNAP PROPERTIES LTD

Company Number

05446181

Shareholders

goldcrest properties ltd

Group Structure

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Industry

Management of real estate on a fee or contract basis

 

Registered Address

timpson house claverton road, roundthorn industrial estate, manchester, M23 9TT

fordsnap properties ltd Estimated Valuation

£183.5k

Pomanda 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).

fordsnap properties ltd Estimated Valuation

£42.8k

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).

fordsnap properties ltd Estimated Valuation

£209.8k

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 Overview

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.

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Fordsnap Properties Ltd Health Check

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

Health Check Image
Health Rating1.5out of 5
positive_score

0 Strong

positive_score

4 Regular

positive_score

7 Weak

size

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

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

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

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

Employees

with 1 employees, this is below the industry average (6)

1 - Fordsnap Properties Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)

£40.2k - Fordsnap Properties Ltd

£40.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £115.2k, this is equally as efficient (£101k)

£115.2k - Fordsnap Properties Ltd

£101k - Industry AVG

debtordays

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

creditordays

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

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fordsnap Properties Ltd

- - Industry AVG

cashbalance

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

debtlevel

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 financials

EXPORTms excel logo

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 HousePomanda Estimates

Sep 2023Oct 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Oct 2016Sep 2015Sep 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover115,185121,071139,680203,860182,553233,303235,690241,358235,113460,664365,2891,171,1091,491,8691,219,407
Other Income Or Grants
Cost Of Sales95,088100,707119,653170,633148,989188,527187,580199,732201,085401,426324,2701,039,5101,339,1631,110,804
Gross Profit20,09820,36420,02733,22733,56444,77648,11041,62634,02859,23841,019131,599152,706108,603
Admin Expenses9,89318,95016,35125,24418,97434,46837,43930,50634,92135,8368,81881,60086,51864,697
Operating Profit10,2051,4143,6767,98314,59010,30810,67111,120-89323,40232,20149,99966,18843,906
Interest Payable343117
Interest Receivable119158147
Pre-Tax Profit10,2051,4143,6767,98314,93310,42510,79011,2781,25018,70124,47349,99966,18843,906
Tax-2,242-269-700-1,517-2,837-1,980-2,101-2,550-1,835-13,000-18,532-12,294
Profit After Tax7,9631,1452,9766,46612,0968,4458,6898,728-58518,70124,47336,99947,65531,612
Dividends Paid100,000
Retained Profit7,963-98,8552,9766,46612,0968,4458,6898,728-58518,70124,47336,99947,65531,612
Employee Costs40,17438,50736,25469,10333,58363,84561,51932,90434,10167,57663,166158,275189,167167,071
Number Of Employees11121221122565
EBITDA*10,2051,4143,6767,98314,59010,30810,67111,120-89323,40232,20149,99966,18843,906

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Oct 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Oct 2016Sep 2015Sep 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)5,500
Total Fixed Assets5,500
Stock & work in progress
Trade Debtors15,54517,75938044,56016,66714,63420,82624,70232,222139,966274,623330,265413,124366,549
Group Debtors156,476172,718182,498183,274189,195124,145128,202152,983177,373
Misc Debtors14,47812,98739,92810,90231,7144,17437,72541,60410,706
Cash114,36747,78794,79474,58049,719108,54267,36026,78815,107108,129
misc current assets96
total current assets300,866251,251317,600313,316287,295251,495254,113246,077235,408248,191274,623330,265413,124366,549
total assets300,866251,251317,600313,316287,295251,495254,113246,077235,408248,191274,623330,265413,124372,049
Bank overdraft
Bank loan
Trade Creditors 1,8931,9172,2311,5191,3392,52049644288,739133,883213,998333,856340,436
Group/Directors Accounts142,717122,16699,33667,36626,790
other short term finances
hp & lease commitments
other current liabilities40,88119,7569,76641,14062,34164,24677,33378,04076,541
total current liabilities185,491143,839111,333110,02590,47066,76677,82978,48276,54188,739133,883213,998333,856340,436
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities185,491143,839111,333110,02590,47066,76677,82978,48276,54188,739133,883213,998333,856340,436
net assets115,375107,412206,267203,291196,825184,729176,284167,595158,867159,452140,740116,26779,26831,613
total shareholders funds115,375107,412206,267203,291196,825184,729176,284167,595158,867159,452140,740116,26779,26831,613
Sep 2023Oct 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Oct 2016Sep 2015Sep 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit10,2051,4143,6767,98314,59010,30810,67111,120-89323,40232,20149,99966,18843,906
Depreciation
Amortisation
Tax-2,242-269-700-1,517-2,837-1,980-2,101-2,550-1,835-13,000-18,532-12,294
Stock
Debtors-16,965-19,342-15,9301,16094,623-43,800-32,536-1,01280,335-134,657-55,642-82,85941,075372,049
Creditors-24-314712180-1,1812,02454442-88,739-45,144-80,115-119,858-6,580340,436
Accruals and Deferred Income21,1259,990-31,374-21,201-1,905-13,087-7071,49976,541
Deferred Taxes & Provisions
Cash flow from operations46,02930,163-11,756-15,715-85,95641,06540,45311,523-95,261112,9157,7281-1
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts20,55122,83031,97040,57626,790
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue111
interest-343-117119158147
cash flow from financing20,55122,83031,97040,57626,447-117119158147111
cash and cash equivalents
cash66,580-47,00720,21424,861-58,82341,18240,57211,681-93,022108,129
overdraft
change in cash66,580-47,00720,21424,861-58,82341,18240,57211,681-93,022108,129

fordsnap properties ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Fordsnap Properties Ltd Competitor Analysis

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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 Ownership

FORDSNAP PROPERTIES LTD group structure

Fordsnap Properties Ltd has no subsidiary companies.

Ultimate parent company

2 parents

FORDSNAP PROPERTIES LTD

05446181

FORDSNAP PROPERTIES LTD Shareholders

goldcrest properties ltd 100%

fordsnap properties ltd directors

Fordsnap Properties Ltd currently has 2 directors. The longest serving directors include Mr Paresh Majithia (Feb 2014) and Mr John Timpson (Feb 2014).

officercountryagestartendrole
Mr Paresh MajithiaScotland58 years Feb 2014- Director
Mr John Timpson82 years Feb 2014- Director

P&L

September 2023

turnover

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 2023

net assets

115.4k

+0.07%

total assets

300.9k

+0.2%

cash

114.4k

+1.39%

net assets

Total assets minus all liabilities

fordsnap properties ltd company details

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

-

fordsnap properties ltd 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 4 charges/mortgages relating to fordsnap properties ltd. Currently there are 4 open charges and 0 have been satisfied in the past.

fordsnap properties ltd 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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fordsnap properties ltd Companies House Filings - See Documents

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