assetcity limited

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assetcity limited Company Information

Share ASSETCITY LIMITED

Company Number

05454303

Directors

Haroon Aziz

Shareholders

keystone holdings ltd

Group Structure

View All

Industry

Management of real estate on a fee or contract basis

 

Registered Address

177-187 glass house 3rd floor, arthur road, london, SW19 8AE

Website

-

assetcity limited Estimated Valuation

£53.8k

Pomanda estimates the enterprise value of ASSETCITY LIMITED at £53.8k based on a Turnover of £32.7k and 1.65x industry multiple (adjusted for size and gross margin).

assetcity limited Estimated Valuation

£2k

Pomanda estimates the enterprise value of ASSETCITY LIMITED at £2k based on an EBITDA of £456 and a 4.34x industry multiple (adjusted for size and gross margin).

assetcity limited Estimated Valuation

£41.1k

Pomanda estimates the enterprise value of ASSETCITY LIMITED at £41.1k based on Net Assets of £22.6k and 1.82x industry multiple (adjusted for liquidity).

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Assetcity Limited Overview

Assetcity Limited is a live company located in london, SW19 8AE with a Companies House number of 05454303. 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 keystone holdings ltd with a 100% stake. Assetcity Limited is a mature, micro sized company, Pomanda has estimated its turnover at £32.7k with rapid growth in recent years.

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Assetcity Limited Health Check

Pomanda's financial health check has awarded Assetcity Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £32.7k, make it smaller than the average company (£355.5k)

£32.7k - Assetcity Limited

£355.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (3.3%)

31% - Assetcity Limited

3.3% - Industry AVG

production

Production

with a gross margin of 16.8%, this company has a higher cost of product (66.7%)

16.8% - Assetcity Limited

66.7% - Industry AVG

profitability

Profitability

an operating margin of 1.4% make it less profitable than the average company (7.5%)

1.4% - Assetcity Limited

7.5% - Industry AVG

employees

Employees

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

1 - Assetcity Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)

£39.4k - Assetcity Limited

£39.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £32.7k, this is less efficient (£89.1k)

£32.7k - Assetcity Limited

£89.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 203 days, this is later than average (47 days)

203 days - Assetcity Limited

47 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (35 days)

5 days - Assetcity Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Assetcity Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Assetcity Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 94.6%, this is a higher level of debt than the average (57.7%)

94.6% - Assetcity Limited

57.7% - Industry AVG

ASSETCITY LIMITED financials

EXPORTms excel logo

Assetcity Limited's latest turnover from March 2023 is estimated at £32.7 thousand and the company has net assets of £22.6 thousand. According to their latest financial statements, we estimate that Assetcity Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover32,70226,84221,29314,66419,0961,6131,5262,996360,567368,910441,127980,147378,1377,621
Other Income Or Grants
Cost Of Sales27,20822,45618,18512,11415,6621,3041,2082,458306,866316,898391,577869,970339,2726,942
Gross Profit5,4944,3863,1082,5513,43430931853853,70252,01249,550110,17838,865679
Admin Expenses5,0373,644-5,9075,745-7,881-25,259-14,263-2,15451,49650,76148,395108,66937,081-10,739
Operating Profit4577429,015-3,19411,31525,56814,5812,6922,2061,2511,1551,5091,78411,418
Interest Payable13,01425,06312,050
Interest Receivable4856233530292442150120
Pre-Tax Profit4577429,015-3,194-1,6515622,5552,7282,2351,2791,1791,5511,93511,538
Tax-87-141-1,713-107-511-545-469-294-283-403-542-3,230
Profit After Tax3706017,302-3,194-1,6514552,0442,1821,7669858961,1481,3938,307
Dividends Paid
Retained Profit3706017,302-3,194-1,6514552,0442,1821,7669858961,1481,3938,307
Employee Costs39,42836,87035,15933,71333,11131,77331,75935,34765,70565,44263,166126,62063,05633,414
Number Of Employees11111111222421
EBITDA*4577429,015-3,19411,31525,56814,5812,6922,2061,2511,1551,5091,78411,418

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets396,481396,481396,481396,481396,481
Intangible Assets
Investments & Other396,481396,481396,481396,481396,481396,481396,481396,481396,481
Debtors (Due After 1 year)
Total Fixed Assets396,481396,481396,481396,481396,481396,481396,481396,481396,481396,481396,481396,481396,481396,481
Stock & work in progress
Trade Debtors18,22514,96912,0587,83011,0241,0751257757,6261,900
Group Debtors
Misc Debtors481,26649
Cash12,7429,7898,7655,3336,5674,9204,58312,24747,852
misc current assets
total current assets18,22514,96912,0587,83011,02412,79011,0558,8146,4086,6925,6954,58319,87349,752
total assets414,706411,450408,539404,311407,505409,271407,536405,295402,889403,173402,176401,064416,354446,233
Bank overdraft
Bank loan
Trade Creditors 4085765761,4001,4001,4081,7001,408388,393390,443390,431390,215406,6533,157
Group/Directors Accounts385,586434,768
other short term finances
hp & lease commitments
other current liabilities3,1001,5281,623
total current liabilities4085765761,4001,4004,5083,228388,617388,393390,443390,431390,215406,653437,925
loans385,586385,586
hp & lease commitments
Accruals and Deferred Income6,1083,0547442,9942,994
other liabilities385,586385,586385,586385,586385,586
provisions
total long term liabilities391,694388,640386,330388,580388,580385,586385,586
total liabilities392,102389,216386,906389,980389,980390,094388,814388,617388,393390,443390,431390,215406,653437,925
net assets22,60422,23421,63314,33117,52519,17718,72216,67814,49612,73011,74510,8499,7018,308
total shareholders funds22,60422,23421,63314,33117,52519,17718,72216,67814,49612,73011,74510,8499,7018,308
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit4577429,015-3,19411,31525,56814,5812,6922,2061,2511,1551,5091,78411,418
Depreciation
Amortisation
Tax-87-141-1,713-107-511-545-469-294-283-403-542-3,230
Stock
Debtors3,2562,9114,228-3,19410,976-1,2181,217-1,026950-650775-7,6265,7261,900
Creditors-168-824-8-292292-386,985-2,05012216-16,438403,4963,157
Accruals and Deferred Income3,0542,310-2,250-1061,572-951,623
Deferred Taxes & Provisions
Cash flow from operations22527,95913,050-382,189-1,2631,619313-7,706399,0129,445
Investing Activities
capital expenditure-396,481
Change in Investments-396,481396,481
cash flow from investments-396,481
Financing Activities
Bank loans
Group/Directors Accounts-385,586385,586-434,768434,768
Other Short Term Loans
Long term loans-385,586385,586
Hire Purchase and Lease Commitments
other long term liabilities385,586
share issue-11
interest-12,966-25,007-12,0273530292442150120
cash flow from financing-12,967-25,007-12,027385,62130292442-434,618434,889
cash and cash equivalents
cash-12,7422,9531,0243,432-1,2341,647337-7,664-35,60547,852
overdraft
change in cash-12,7422,9531,0243,432-1,2341,647337-7,664-35,60547,852

assetcity limited 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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Assetcity Limited Competitor Analysis

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Perform a competitor analysis for assetcity limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SW19 area or any other competitors across 12 key performance metrics.

assetcity limited Ownership

ASSETCITY LIMITED group structure

Assetcity Limited has 2 subsidiary companies.

Ultimate parent company

KEYSTONE HOLDINGS LTD

#0046280

1 parent

ASSETCITY LIMITED

05454303

2 subsidiaries

ASSETCITY LIMITED Shareholders

keystone holdings ltd 100%

assetcity limited directors

Assetcity Limited currently has 1 director, Mr Haroon Aziz serving since May 2005.

officercountryagestartendrole
Mr Haroon AzizEngland79 years May 2005- Director

P&L

March 2023

turnover

32.7k

+22%

operating profit

456.8

0%

gross margin

16.8%

+2.81%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

22.6k

+0.02%

total assets

414.7k

+0.01%

cash

0

0%

net assets

Total assets minus all liabilities

assetcity limited company details

company number

05454303

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

KEYSTONE HOLDINGS LTD

accounts

Micro-Entity Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

177-187 glass house 3rd floor, arthur road, london, SW19 8AE

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

assetcity 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 1 charges/mortgages relating to assetcity limited. Currently there are 1 open charges and 0 have been satisfied in the past.

assetcity 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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assetcity limited Companies House Filings - See Documents

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