right choice properties ltd

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right choice properties ltd Company Information

Share RIGHT CHOICE PROPERTIES LTD

Company Number

05496235

Directors

Ilyas Musa

Zainub Musa

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Shareholders

i z holdings limited

Group Structure

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Industry

Management of real estate on a fee or contract basis

 

Registered Address

50 woodgate, leicester, LE3 5GF

right choice properties ltd Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of RIGHT CHOICE PROPERTIES LTD at £1.5m based on a Turnover of £547.5k and 2.8x industry multiple (adjusted for size and gross margin).

right choice properties ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of RIGHT CHOICE PROPERTIES LTD at £0 based on an EBITDA of £-157.6k and a 7.39x industry multiple (adjusted for size and gross margin).

right choice properties ltd Estimated Valuation

£210k

Pomanda estimates the enterprise value of RIGHT CHOICE PROPERTIES LTD at £210k based on Net Assets of £115.5k and 1.82x industry multiple (adjusted for liquidity).

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Right Choice Properties Ltd Overview

Right Choice Properties Ltd is a live company located in leicester, LE3 5GF with a Companies House number of 05496235. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in July 2005, it's largest shareholder is i z holdings limited with a 100% stake. Right Choice Properties Ltd is a mature, small sized company, Pomanda has estimated its turnover at £547.5k with declining growth in recent years.

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Right Choice Properties Ltd Health Check

Pomanda's financial health check has awarded Right Choice Properties Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £547.5k, make it larger than the average company (£319.7k)

£547.5k - Right Choice Properties Ltd

£319.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (3.7%)

-3% - Right Choice Properties Ltd

3.7% - Industry AVG

production

Production

with a gross margin of 70.1%, this company has a comparable cost of product (70.1%)

70.1% - Right Choice Properties Ltd

70.1% - Industry AVG

profitability

Profitability

an operating margin of -29.6% make it less profitable than the average company (7.4%)

-29.6% - Right Choice Properties Ltd

7.4% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (6)

4 - Right Choice Properties Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)

£40.1k - Right Choice Properties Ltd

£40.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £136.9k, this is more efficient (£99.9k)

£136.9k - Right Choice Properties Ltd

£99.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 89 days, this is later than average (49 days)

89 days - Right Choice Properties Ltd

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (33 days)

0 days - Right Choice Properties Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Right Choice Properties Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 38 weeks, this is less cash available to meet short term requirements (49 weeks)

38 weeks - Right Choice Properties Ltd

49 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 64.3%, this is a higher level of debt than the average (53.9%)

64.3% - Right Choice Properties Ltd

53.9% - Industry AVG

RIGHT CHOICE PROPERTIES LTD financials

EXPORTms excel logo

Right Choice Properties Ltd's latest turnover from November 2023 is estimated at £547.5 thousand and the company has net assets of £115.5 thousand. According to their latest financial statements, Right Choice Properties Ltd has 4 employees and maintains cash reserves of £152.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Jun 2013Jun 2012Jun 2011Jun 2010
Turnover547,526520,222610,688602,379550,612535,373829,7111,301,9941,023,9121,874,3701,311,9161,047,8691,302,0472,029,6481,850,307
Other Income Or Grants
Cost Of Sales163,515135,004158,202120,155100,470107,263144,449508,410557,9821,084,963742,616589,853720,3381,180,9281,093,358
Gross Profit384,010385,218452,485482,224450,142428,110685,262793,584465,930789,407569,300458,017581,709848,720756,949
Admin Expenses546,120402,705518,749423,417367,244589,788482,184689,829423,803806,997619,408479,139632,550822,284482,931
Operating Profit-162,110-17,487-66,26458,80782,898-161,678203,078103,75542,127-17,590-50,108-21,122-50,84126,436274,018
Interest Payable724696
Interest Receivable14,6319,1472342511,636976336348559348736492773528184
Pre-Tax Profit-147,479-8,340-66,03059,05884,535-160,702202,690103,40842,686-17,242-49,372-20,630-50,06826,964274,201
Tax-11,221-16,062-38,511-20,681-8,537-7,011-76,776
Profit After Tax-147,479-8,340-66,03047,83768,473-160,702164,17982,72634,149-17,242-49,372-20,630-50,06819,953197,425
Dividends Paid
Retained Profit-147,479-8,340-66,03047,83768,473-160,702164,17982,72634,149-17,242-49,372-20,630-50,06819,953197,425
Employee Costs160,353115,666108,466103,16299,346127,802122,976163,550135,702494,057354,844305,966355,809595,885542,953
Number Of Employees43333445415119111816
EBITDA*-157,625-11,866-59,33267,27582,969-161,594203,143103,75543,027-16,377-48,511-19,120-48,32128,848278,262

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets17,76022,24527,86633,9704054765606,6096,9478,54410,54610,32012,732
Intangible Assets
Investments & Other
Debtors (Due After 1 year)100,00069,55626,588
Total Fixed Assets17,76022,245127,866103,52626,9934765606,6096,9478,54410,54610,32012,732
Stock & work in progress
Trade Debtors133,835124,503151,716155,371136,690139,458257,006294,001108,227240,451148,381145,089140,943231,870240,211
Group Debtors
Misc Debtors20,000981125,000138,825137,586131,194266,15191,008100,087
Cash152,070405,301204,494263,689238,706197,65762,52471,781206,95716,559122,74525,352171,570137,66573,421
misc current assets
total current assets305,905530,785481,210557,885512,982468,309585,681456,790415,271257,010271,126170,441312,513369,535313,632
total assets323,665553,030609,076661,411539,975468,785586,241456,790415,271263,619278,073178,985323,059379,855326,364
Bank overdraft22,281
Bank loan
Trade Creditors 10079,95486,768102,31086,49280,18474,09382,585127,777103,894129,41032,303155,747162,475128,937
Group/Directors Accounts129,90960,98098,4824,8264,826
other short term finances
hp & lease commitments
other current liabilities73,918144,879147,201215,287159,134162,725117,71689,72292,536
total current liabilities203,927285,813332,451317,597250,452247,735191,809194,588220,313103,894129,41032,303155,747162,475128,937
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities12,68044,62960,11159,02730,723
provisions4,2274,2275,2956,454
total long term liabilities4,2274,2275,2956,45412,68044,62960,11159,02730,723
total liabilities208,154290,040337,746324,051250,452247,735204,489239,217280,424162,921160,13332,303155,747162,475128,937
net assets115,511262,990271,330337,360289,523221,050381,752217,573134,847100,698117,940146,682167,312217,380197,427
total shareholders funds115,511262,990271,330337,360289,523221,050381,752217,573134,847100,698117,940146,682167,312217,380197,427
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-162,110-17,487-66,26458,80782,898-161,678203,078103,75542,127-17,590-50,108-21,122-50,84126,436274,018
Depreciation4,4855,6216,9328,4687184659001,2131,5972,0022,5202,4124,244
Amortisation
Tax-11,221-16,062-38,511-20,681-8,537-7,011-76,776
Stock
Debtors28,351-251,23212,96462,88830,212-252,505138,148176,695-32,13792,0707,4384,146-90,927-8,341240,211
Creditors-79,854-6,814-15,54215,8186,3086,091-8,492-45,19223,883-25,516-26,337-123,444-6,72833,538128,937
Accruals and Deferred Income-70,961-2,322-68,08656,153-3,59145,00927,994-2,81492,536
Deferred Taxes & Provisions-1,068-1,1596,454
Cash flow from operations-336,791229,162-157,08371,59139,412142,01145,986-141,627183,046-133,963-82,286-146,71035,87863,71690,212
Investing Activities
capital expenditure-828-42,033-6255,709-8752,002-2,746-16,976
Change in Investments
cash flow from investments-828-42,033-6255,709-8752,002-2,746-16,976
Financing Activities
Bank loans
Group/Directors Accounts68,929-37,50298,482-4,8264,826
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-12,680-31,949-15,4821,08428,30430,723
share issue2
interest14,6319,1472342511,636976-388-348559348736492773528184
cash flow from financing83,560-28,35598,716-4,5751,636-6,878-32,337-15,8301,64328,65231,459492773528186
cash and cash equivalents
cash-253,231200,807-59,19524,98341,049135,133-9,257-135,176190,398-106,186-48,825-146,21833,90564,24473,421
overdraft-22,28122,281
change in cash-253,231200,807-59,19524,98341,049135,13313,024-157,457190,398-106,186-48,825-146,21833,90564,24473,421

right choice 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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Right Choice Properties Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for right choice properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in LE3 area or any other competitors across 12 key performance metrics.

right choice properties ltd Ownership

RIGHT CHOICE PROPERTIES LTD group structure

Right Choice Properties Ltd has no subsidiary companies.

Ultimate parent company

1 parent

RIGHT CHOICE PROPERTIES LTD

05496235

RIGHT CHOICE PROPERTIES LTD Shareholders

i z holdings limited 100%

right choice properties ltd directors

Right Choice Properties Ltd currently has 3 directors. The longest serving directors include Mr Ilyas Musa (Jul 2005) and Mrs Zainub Musa (Mar 2006).

officercountryagestartendrole
Mr Ilyas MusaUnited Kingdom54 years Jul 2005- Director
Mrs Zainub Musa51 years Mar 2006- Director
Zainub Patel51 years Mar 2006- Director

P&L

November 2023

turnover

547.5k

+5%

operating profit

-162.1k

0%

gross margin

70.2%

-5.28%

turnover

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

Balance Sheet

November 2023

net assets

115.5k

-0.56%

total assets

323.7k

-0.41%

cash

152.1k

-0.62%

net assets

Total assets minus all liabilities

right choice properties ltd company details

company number

05496235

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

July 2005

age

20

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

November 2023

previous names

N/A

accountant

SMITH HANNAH LIMITED

auditor

-

address

50 woodgate, leicester, LE3 5GF

Bank

-

Legal Advisor

-

right choice 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 did not find charges/mortgages relating to right choice properties ltd.

right choice 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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right choice properties ltd Companies House Filings - See Documents

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