preferred residential securities 06-1 plc
preferred residential securities 06-1 plc Company Information
Company Number
05595906
Website
http://wilmingtontrust.comRegistered Address
third floor 1 king's arms yard, london, EC2R 7AF
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
preferred residential securities 06-1 parent ltd 100%
wilmington trust sp services (london) ltd 0%
preferred residential securities 06-1 plc Estimated Valuation
Pomanda estimates the enterprise value of PREFERRED RESIDENTIAL SECURITIES 06-1 PLC at £4.6m based on a Turnover of £5.6m and 0.82x industry multiple (adjusted for size and gross margin).
preferred residential securities 06-1 plc Estimated Valuation
Pomanda estimates the enterprise value of PREFERRED RESIDENTIAL SECURITIES 06-1 PLC at £42.9m based on an EBITDA of £6.8m and a 6.28x industry multiple (adjusted for size and gross margin).
preferred residential securities 06-1 plc Estimated Valuation
Pomanda estimates the enterprise value of PREFERRED RESIDENTIAL SECURITIES 06-1 PLC at £5.8m based on Net Assets of £2.2m and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Preferred Residential Securities 06-1 Plc Overview
Preferred Residential Securities 06-1 Plc is a live company located in london, EC2R 7AF with a Companies House number of 05595906. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2005, it's largest shareholder is preferred residential securities 06-1 parent ltd with a 100% stake. Preferred Residential Securities 06-1 Plc is a established, mid sized company, Pomanda has estimated its turnover at £5.6m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Preferred Residential Securities 06-1 Plc Health Check
Pomanda's financial health check has awarded Preferred Residential Securities 06-1 Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
2 Weak
Size
annual sales of £5.6m, make it larger than the average company (£2.9m)
£5.6m - Preferred Residential Securities 06-1 Plc
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (2.5%)
22% - Preferred Residential Securities 06-1 Plc
2.5% - Industry AVG
Production
with a gross margin of 60.1%, this company has a lower cost of product (38.7%)
60.1% - Preferred Residential Securities 06-1 Plc
38.7% - Industry AVG
Profitability
an operating margin of 121.7% make it more profitable than the average company (6.6%)
121.7% - Preferred Residential Securities 06-1 Plc
6.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (21)
3 - Preferred Residential Securities 06-1 Plc
21 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Preferred Residential Securities 06-1 Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £1.9m, this is more efficient (£136.2k)
£1.9m - Preferred Residential Securities 06-1 Plc
£136.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Preferred Residential Securities 06-1 Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Preferred Residential Securities 06-1 Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Preferred Residential Securities 06-1 Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 121 weeks, this is more cash available to meet short term requirements (27 weeks)
121 weeks - Preferred Residential Securities 06-1 Plc
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.6%, this is a higher level of debt than the average (63%)
95.6% - Preferred Residential Securities 06-1 Plc
63% - Industry AVG
PREFERRED RESIDENTIAL SECURITIES 06-1 PLC financials
Preferred Residential Securities 06-1 Plc's latest turnover from November 2022 is £5.6 million and the company has net assets of £2.2 million. According to their latest financial statements, Preferred Residential Securities 06-1 Plc has 3 employees and maintains cash reserves of £8.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,619,000 | 2,580,000 | 2,877,000 | 3,074,000 | 4,130,000 | 1,597,000 | 5,210,000 | 3,059,000 | 3,321,000 | 3,564,000 | 4,397,000 | 4,434,000 | 2,824,000 | 5,822,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 2,241,000 | 1,461,000 | 1,825,000 | 2,098,000 | 3,280,000 | 1,763,000 | 2,166,000 | 7,492,000 | 2,664,000 | 2,794,000 | 3,572,000 | 3,533,000 | 3,378,000 | 6,545,000 |
| Gross Profit | 3,378,000 | 1,119,000 | 1,052,000 | 976,000 | 850,000 | -166,000 | 3,044,000 | -4,433,000 | 657,000 | 770,000 | 825,000 | 901,000 | -554,000 | -723,000 |
| Admin Expenses | 676,000 | |||||||||||||
| Operating Profit | 376,000 | |||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 2,230,000 | 0 | 0 | 0 | 0 | -4,617,000 | 2,451,000 | -5,302,000 | -99,000 | 267,000 | -316,000 | 280,000 | 15,228,000 | -9,548,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 1,115,000 | -339,000 | 103,000 | 275,000 | 164,000 | 98,000 | 89,000 | -3,039,000 | 898,000 |
| Profit After Tax | 2,230,000 | 0 | 0 | 0 | 0 | -3,502,000 | 2,112,000 | -5,199,000 | 176,000 | 431,000 | -218,000 | 369,000 | 12,189,000 | -8,650,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 2,230,000 | 0 | 0 | 0 | 0 | -3,502,000 | 2,112,000 | -5,199,000 | 176,000 | 431,000 | -218,000 | 369,000 | 12,189,000 | -8,650,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 3 | 3 | 3 | 3 | ||||||||||
| EBITDA* | 376,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 103,938,000 | 110,076,000 | 117,968,000 | 128,508,000 | 143,801,000 |
| Debtors (Due After 1 year) | 32,733,000 | 36,762,000 | 42,199,000 | 45,921,000 | 62,669,000 | 64,898,000 | 71,987,000 | 82,896,000 | 95,042,000 | 6,473,000 | 6,029,000 | 7,232,000 | 7,557,000 | 11,937,000 |
| Total Fixed Assets | 32,733,000 | 36,762,000 | 42,199,000 | 45,921,000 | 62,669,000 | 64,898,000 | 71,987,000 | 82,896,000 | 95,042,000 | 110,411,000 | 116,105,000 | 125,200,000 | 136,065,000 | 155,738,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 7,464,000 | 7,202,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 13,000 | 0 | 0 | 0 | 7,000 | 0 | 20,000 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,209,000 | 5,091,000 | 6,297,000 | 7,568,000 | 6,870,000 | 1,000 | 11,000 | 1,993,000 | 2,147,000 | 218,000 | 67,000 | 344,000 | 137,000 | 366,000 |
| Cash | 8,694,000 | 8,043,000 | 8,503,000 | 8,925,000 | 9,881,000 | 10,844,000 | 12,084,000 | 7,302,000 | 9,826,000 | 39,301,000 | 37,654,000 | 33,230,000 | 34,164,000 | 34,694,000 |
| misc current assets | 4,684,000 | 4,654,000 | 6,286,000 | 5,376,000 | 6,752,000 | 7,222,000 | 6,838,000 | 1,195,000 | 4,867,000 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 18,600,000 | 17,788,000 | 21,086,000 | 21,869,000 | 23,510,000 | 25,531,000 | 26,155,000 | 10,490,000 | 16,842,000 | 39,519,000 | 37,721,000 | 33,574,000 | 34,301,000 | 35,060,000 |
| total assets | 51,333,000 | 54,550,000 | 63,285,000 | 67,790,000 | 86,179,000 | 90,429,000 | 98,142,000 | 93,386,000 | 111,884,000 | 149,930,000 | 153,826,000 | 158,774,000 | 170,366,000 | 190,798,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 3,000 | 102,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 88,000 | 108,000 |
| other short term finances | 0 | 0 | 4,410,000 | 3,990,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,711,000 | 3,563,000 | 247,000 | 329,000 | 5,745,000 | 6,607,000 | 7,090,000 | 3,235,000 | 5,414,000 | 34,829,000 | 32,772,000 | 28,591,000 | 28,471,000 | 30,152,000 |
| total current liabilities | 3,711,000 | 3,563,000 | 4,657,000 | 4,319,000 | 5,748,000 | 6,709,000 | 7,093,000 | 3,238,000 | 5,417,000 | 34,832,000 | 32,775,000 | 28,594,000 | 28,559,000 | 30,260,000 |
| loans | 45,379,000 | 50,974,000 | 58,615,000 | 63,458,000 | 80,418,000 | 85,666,000 | 88,378,000 | 89,928,000 | 100,945,000 | 109,477,000 | 115,697,000 | 124,509,000 | 136,416,000 | 172,044,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 3,202,000 | 4,317,000 | 3,978,000 | 4,081,000 | 4,356,000 | 4,520,000 | 4,619,000 | 4,708,000 | 0 |
| total long term liabilities | 45,379,000 | 50,974,000 | 58,615,000 | 63,458,000 | 80,418,000 | 88,868,000 | 92,695,000 | 93,906,000 | 105,026,000 | 113,833,000 | 120,217,000 | 129,128,000 | 141,124,000 | 172,044,000 |
| total liabilities | 49,090,000 | 54,537,000 | 63,272,000 | 67,777,000 | 86,166,000 | 95,577,000 | 99,788,000 | 97,144,000 | 110,443,000 | 148,665,000 | 152,992,000 | 157,722,000 | 169,683,000 | 202,304,000 |
| net assets | 2,243,000 | 13,000 | 13,000 | 13,000 | 13,000 | -5,148,000 | -1,646,000 | -3,758,000 | 1,441,000 | 1,265,000 | 834,000 | 1,052,000 | 683,000 | -11,506,000 |
| total shareholders funds | 2,243,000 | 13,000 | 13,000 | 13,000 | 13,000 | -5,148,000 | -1,646,000 | -3,758,000 | 1,441,000 | 1,265,000 | 834,000 | 1,052,000 | 683,000 | -11,506,000 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 376,000 | |||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 1,115,000 | -339,000 | 103,000 | 275,000 | 164,000 | 98,000 | 89,000 | -3,039,000 | 898,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,898,000 | -6,643,000 | -4,993,000 | -16,057,000 | -2,817,000 | -6,857,000 | -5,669,000 | -12,302,000 | 90,500,000 | 595,000 | -1,480,000 | -118,000 | -4,609,000 | 12,303,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 148,000 | 3,316,000 | -82,000 | -5,416,000 | -862,000 | -483,000 | 3,855,000 | -2,179,000 | -29,415,000 | 2,057,000 | 4,181,000 | 120,000 | -1,681,000 | 30,152,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -3,202,000 | -1,115,000 | 339,000 | -103,000 | -275,000 | -164,000 | -99,000 | -89,000 | 4,708,000 | 0 |
| Cash flow from operations | 5,287,000 | |||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 6,960,000 | 7,273,000 | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -103,938,000 | -6,138,000 | -7,892,000 | -10,540,000 | -15,293,000 | 143,801,000 |
| cash flow from investments | 6,960,000 | 111,211,000 | ||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -3,000 | -99,000 | 99,000 | 0 | 0 | 0 | 0 | 0 | -85,000 | -20,000 | 108,000 |
| Other Short Term Loans | 0 | -4,410,000 | 420,000 | 3,990,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -5,595,000 | -7,641,000 | -4,843,000 | -16,960,000 | -5,248,000 | -2,712,000 | -1,550,000 | -11,017,000 | -8,532,000 | -6,220,000 | -8,812,000 | -11,907,000 | -35,628,000 | 172,044,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -5,595,000 | -12,051,000 | -4,423,000 | -12,973,000 | -186,000 | -2,613,000 | -1,550,000 | -11,017,000 | -8,532,000 | -6,220,000 | -8,812,000 | -11,992,000 | -35,648,000 | 169,296,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 651,000 | -460,000 | -422,000 | -956,000 | -963,000 | -1,240,000 | 4,782,000 | -2,524,000 | -29,475,000 | 1,647,000 | 4,424,000 | -934,000 | -530,000 | 34,694,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 651,000 | -460,000 | -422,000 | -956,000 | -963,000 | -1,240,000 | 4,782,000 | -2,524,000 | -29,475,000 | 1,647,000 | 4,424,000 | -934,000 | -530,000 | 34,694,000 |
preferred residential securities 06-1 plc Credit Report and Business Information
Preferred Residential Securities 06-1 Plc Competitor Analysis
Perform a competitor analysis for preferred residential securities 06-1 plc by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in EC2R area or any other competitors across 12 key performance metrics.
preferred residential securities 06-1 plc Ownership
PREFERRED RESIDENTIAL SECURITIES 06-1 PLC group structure
Preferred Residential Securities 06-1 Plc has no subsidiary companies.
Ultimate parent company
2 parents
PREFERRED RESIDENTIAL SECURITIES 06-1 PLC
05595906
preferred residential securities 06-1 plc directors
Preferred Residential Securities 06-1 Plc currently has 2 directors. The longest serving directors include Mr Daniel Wynne (Mar 2017) and Mr Christopher Duffy (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Wynne | 54 years | Mar 2017 | - | Director | |
| Mr Christopher Duffy | United Kingdom | 51 years | Sep 2019 | - | Director |
P&L
November 2022turnover
5.6m
+118%
operating profit
6.8m
0%
gross margin
60.2%
+38.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
2.2m
+171.54%
total assets
51.3m
-0.06%
cash
8.7m
+0.08%
net assets
Total assets minus all liabilities
Similar Companies
preferred residential securities 06-1 plc company details
company number
05595906
Type
Public limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2005
age
19
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
November 2022
previous names
sackdale plc (December 2005)
accountant
-
auditor
KPMG LLP
address
third floor 1 king's arms yard, london, EC2R 7AF
Bank
BARCLAYS BANK PLC
Legal Advisor
-
preferred residential securities 06-1 plc 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 preferred residential securities 06-1 plc. Currently there are 1 open charges and 0 have been satisfied in the past.
preferred residential securities 06-1 plc Companies House Filings - See Documents
| date | description | view/download |
|---|
