worthing properties limited
worthing properties limited Company Information
Company Number
05556408
Next Accounts
Dec 2025
Directors
Shareholders
gauvri bhimjiyani
mr pritesh bhimjiyani
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1Registered Address
45 broadfields avenue, edgware, middlesex, HA8 8PF
worthing properties limited Estimated Valuation
Pomanda estimates the enterprise value of WORTHING PROPERTIES LIMITED at £197k based on a Turnover of £72.6k and 2.71x industry multiple (adjusted for size and gross margin).
worthing properties limited Estimated Valuation
Pomanda estimates the enterprise value of WORTHING PROPERTIES LIMITED at £17.8k based on an EBITDA of £2.7k and a 6.53x industry multiple (adjusted for size and gross margin).
worthing properties limited Estimated Valuation
Pomanda estimates the enterprise value of WORTHING PROPERTIES LIMITED at £0 based on Net Assets of £-14.5k and 1.88x industry multiple (adjusted for liquidity).
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Worthing Properties Limited Overview
Worthing Properties Limited is a live company located in middlesex, HA8 8PF with a Companies House number of 05556408. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2005, it's largest shareholder is gauvri bhimjiyani with a 50% stake. Worthing Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £72.6k with unknown growth in recent years.
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Worthing Properties Limited Health Check
Pomanda's financial health check has awarded Worthing Properties Limited a 0.5 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
2 Regular
7 Weak
Size
annual sales of £72.6k, make it smaller than the average company (£705.8k)
- Worthing Properties Limited
£705.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Worthing Properties Limited
- - Industry AVG
Production
with a gross margin of 80.4%, this company has a comparable cost of product (80.4%)
- Worthing Properties Limited
80.4% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (17.2%)
- Worthing Properties Limited
17.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
1 - Worthing Properties Limited
8 - Industry AVG
Pay Structure
on an average salary of £36k, the company has an equivalent pay structure (£36k)
- Worthing Properties Limited
£36k - Industry AVG
Efficiency
resulting in sales per employee of £72.6k, this is less efficient (£128.5k)
- Worthing Properties Limited
£128.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Worthing Properties Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (38 days)
- Worthing Properties Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Worthing Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)
0 weeks - Worthing Properties Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.9%, this is a higher level of debt than the average (59.4%)
101.9% - Worthing Properties Limited
59.4% - Industry AVG
WORTHING PROPERTIES LIMITED financials
Worthing Properties Limited's latest turnover from March 2024 is estimated at £72.6 thousand and the company has net assets of -£14.5 thousand. According to their latest financial statements, Worthing Properties Limited has 1 employee and maintains cash reserves of £806 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||||
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | ||||||||||||||||
| Gross Profit | ||||||||||||||||
| Admin Expenses | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Interest Payable | 5,698 | 2,777 | ||||||||||||||
| Interest Receivable | ||||||||||||||||
| Pre-Tax Profit | ||||||||||||||||
| Tax | ||||||||||||||||
| Profit After Tax | ||||||||||||||||
| Dividends Paid | ||||||||||||||||
| Retained Profit | ||||||||||||||||
| Employee Costs | ||||||||||||||||
| Number Of Employees | 1 | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 767,496 | 157,191 | 159,156 | 161,552 | 162,185 | 165,545 | 169,745 | 174,995 | 181,557 | |||||||
| Intangible Assets | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | ||||||||
| Investments & Other | ||||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||||
| Total Fixed Assets | 767,496 | 217,191 | 219,156 | 221,552 | 222,185 | 225,545 | 229,745 | 234,995 | 241,557 | |||||||
| Stock & work in progress | ||||||||||||||||
| Trade Debtors | 81,496 | 7 | 7 | 7 | 7 | |||||||||||
| Group Debtors | ||||||||||||||||
| Misc Debtors | ||||||||||||||||
| Cash | 806 | 100 | 100 | 100 | 100 | 237 | 109 | 29 | 382 | 336 | 303 | 49 | ||||
| misc current assets | 106,905 | |||||||||||||||
| total current assets | 806 | 100 | 100 | 100 | 100 | 81,496 | 107,142 | 109 | 29 | 382 | 336 | 310 | 56 | 7 | 7 | |
| total assets | 768,302 | 100 | 100 | 100 | 100 | 81,496 | 107,142 | 217,300 | 219,185 | 221,934 | 222,521 | 225,855 | 229,801 | 235,002 | 241,564 | |
| Bank overdraft | ||||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 1 | 7,617 | 16,027 | 18,244 | 2,763 | 4,613 | 6,525 | 7,632 | ||||||||
| Group/Directors Accounts | 474,178 | 14,841 | ||||||||||||||
| other short term finances | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | 10,805 | 3,053 | ||||||||||||||
| total current liabilities | 474,179 | 25,646 | 3,053 | 7,617 | 16,027 | 18,244 | 2,763 | 4,613 | 6,525 | 7,632 | ||||||
| loans | 308,629 | 125,300 | 132,098 | 108,016 | 109,662 | 116,194 | ||||||||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | 55,743 | 59,258 | 89,939 | 89,939 | 89,939 | 214,195 | 225,454 | 231,557 | ||||||||
| provisions | ||||||||||||||||
| total long term liabilities | 308,629 | 181,043 | 191,356 | 197,955 | 199,601 | 206,133 | 214,195 | 225,454 | 231,557 | |||||||
| total liabilities | 782,808 | 25,646 | 184,096 | 198,973 | 213,982 | 217,845 | 208,896 | 218,808 | 231,979 | 239,189 | ||||||
| net assets | -14,506 | 100 | 100 | 100 | 100 | 81,496 | 81,496 | 33,204 | 20,212 | 7,952 | 4,676 | 16,959 | 10,993 | 3,023 | 2,375 | |
| total shareholders funds | -14,506 | 100 | 100 | 100 | 100 | 81,496 | 81,496 | 33,204 | 20,212 | 7,952 | 4,676 | 16,959 | 10,993 | 3,023 | 2,375 |
| Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Depreciation | 1,884 | 1,965 | 2,396 | 633 | 3,360 | 4,200 | 5,250 | 6,562 | 8,750 | |||||||
| Amortisation | ||||||||||||||||
| Tax | ||||||||||||||||
| Stock | ||||||||||||||||
| Debtors | -81,496 | 81,496 | -7 | -7 | 7 | |||||||||||
| Creditors | 1 | -7,617 | -8,410 | 13,264 | 15,481 | -1,850 | -1,912 | -1,107 | 7,632 | |||||||
| Accruals and Deferred Income | -10,805 | 7,752 | 3,053 | |||||||||||||
| Deferred Taxes & Provisions | ||||||||||||||||
| Cash flow from operations | ||||||||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | ||||||||||||||||
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | 474,178 | -14,841 | 14,841 | |||||||||||||
| Other Short Term Loans | ||||||||||||||||
| Long term loans | 308,629 | -125,300 | -6,798 | 24,082 | -8,178 | -6,532 | 116,194 | |||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||||
| other long term liabilities | -55,743 | -3,515 | -30,681 | -124,256 | -11,259 | -6,103 | 231,557 | |||||||||
| share issue | ||||||||||||||||
| interest | ||||||||||||||||
| cash flow from financing | ||||||||||||||||
| cash and cash equivalents | ||||||||||||||||
| cash | 806 | 100 | -237 | 128 | 80 | -353 | 79 | 33 | 254 | 49 | ||||||
| overdraft | ||||||||||||||||
| change in cash | 806 | 100 | -237 | 128 | 80 | -353 | 79 | 33 | 254 | 49 |
worthing properties limited Credit Report and Business Information
Worthing Properties Limited Competitor Analysis
Perform a competitor analysis for worthing properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HA8 area or any other competitors across 12 key performance metrics.
worthing properties limited Ownership
WORTHING PROPERTIES LIMITED group structure
Worthing Properties Limited has no subsidiary companies.
Ultimate parent company
WORTHING PROPERTIES LIMITED
05556408
worthing properties limited directors
Worthing Properties Limited currently has 1 director, Mr Pritesh Bhimjiyani serving since Oct 2006.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Pritesh Bhimjiyani | England | 40 years | Oct 2006 | - | Director |
P&L
March 2024turnover
72.6k
0%
operating profit
2.7k
0%
gross margin
80.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-14.5k
0%
total assets
768.3k
0%
cash
806
0%
net assets
Total assets minus all liabilities
worthing properties limited company details
company number
05556408
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68310 - Real estate agencies
incorporation date
September 2005
age
20
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
BHIMJIYANI & CO
auditor
-
address
45 broadfields avenue, edgware, middlesex, HA8 8PF
Bank
-
Legal Advisor
-
worthing properties 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 6 charges/mortgages relating to worthing properties limited. Currently there are 3 open charges and 3 have been satisfied in the past.
worthing properties 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.
Click to start generating capital raising & share issue transactions for WORTHING PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.
worthing properties limited Companies House Filings - See Documents
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