first penthouse limited
first penthouse limited Company Information
Company Number
05792414
Next Accounts
1503 days late
Directors
Shareholders
rooftop development holdings limited
Group Structure
View All
Industry
Development of building projects
Registered Address
6/f stockbridge house, trinity gardens, newcastle upon tyne, NE1 2HJ
Website
www.firstpenthouse.comfirst penthouse limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST PENTHOUSE LIMITED at £83.5k based on a Turnover of £158.4k and 0.53x industry multiple (adjusted for size and gross margin).
first penthouse limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST PENTHOUSE LIMITED at £0 based on an EBITDA of £-83.1k and a 4.05x industry multiple (adjusted for size and gross margin).
first penthouse limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST PENTHOUSE LIMITED at £0 based on Net Assets of £-371k and 1.49x industry multiple (adjusted for liquidity).
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First Penthouse Limited Overview
First Penthouse Limited is a live company located in newcastle upon tyne, NE1 2HJ with a Companies House number of 05792414. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2006, it's largest shareholder is rooftop development holdings limited with a 100% stake. First Penthouse Limited is a established, micro sized company, Pomanda has estimated its turnover at £158.4k with declining growth in recent years.
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First Penthouse Limited Health Check
Pomanda's financial health check has awarded First Penthouse 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
1 Strong
2 Regular
8 Weak
Size
annual sales of £158.4k, make it smaller than the average company (£1.9m)
- First Penthouse Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -53%, show it is growing at a slower rate (5.1%)
- First Penthouse Limited
5.1% - Industry AVG
Production
with a gross margin of 29.5%, this company has a comparable cost of product (29.5%)
- First Penthouse Limited
29.5% - Industry AVG
Profitability
an operating margin of -53.1% make it less profitable than the average company (12.1%)
- First Penthouse Limited
12.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - First Penthouse Limited
7 - Industry AVG
Pay Structure
on an average salary of £43.1k, the company has an equivalent pay structure (£43.1k)
- First Penthouse Limited
£43.1k - Industry AVG
Efficiency
resulting in sales per employee of £79.2k, this is less efficient (£273.1k)
- First Penthouse Limited
£273.1k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (29 days)
- First Penthouse Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (32 days)
- First Penthouse Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- First Penthouse Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - First Penthouse Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1114.8%, this is a higher level of debt than the average (72.7%)
1114.8% - First Penthouse Limited
72.7% - Industry AVG
FIRST PENTHOUSE LIMITED financials
First Penthouse Limited's latest turnover from December 2018 is estimated at £158.4 thousand and the company has net assets of -£371 thousand. According to their latest financial statements, First Penthouse Limited has 2 employees and maintains cash reserves of £7.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 134,972 | 1,489,327 | ||||||||
| Other Income Or Grants | 0 | 0 | ||||||||
| Cost Of Sales | 86,379 | 1,227,037 | ||||||||
| Gross Profit | 48,593 | 262,290 | ||||||||
| Admin Expenses | 178,179 | 307,268 | ||||||||
| Operating Profit | -129,586 | -44,978 | ||||||||
| Interest Payable | 69,057 | 393 | ||||||||
| Interest Receivable | 0 | 0 | ||||||||
| Pre-Tax Profit | -198,643 | -45,371 | ||||||||
| Tax | 0 | 0 | ||||||||
| Profit After Tax | -198,643 | -45,371 | ||||||||
| Dividends Paid | 0 | 0 | ||||||||
| Retained Profit | -198,643 | -45,371 | ||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 2 | |||||||||
| EBITDA* | -127,885 | -43,088 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,976 | 3,968 | 5,102 | 5,671 | 3,169 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,976 | 3,968 | 5,102 | 5,671 | 3,169 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 730 | 730 | 0 | 0 | 0 | 98,052 | 0 | 100 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 25,100 | 6,136 | 59,300 | 160,257 | 123,243 | 0 | 0 | 0 | 0 | 0 |
| Cash | 7,753 | 72,904 | 22,264 | 15,947 | 1,049 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 45,073 | 251,842 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 33,583 | 79,770 | 81,564 | 221,277 | 376,134 | 98,052 | 0 | 100 | 0 | 0 |
| total assets | 36,559 | 83,738 | 86,666 | 226,948 | 379,303 | 98,052 | 0 | 100 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,972 | 5,175 | 36,702 | 84,911 | 192,628 | 1,250 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 402,578 | 365,745 | 337,753 | 16,742 | 131,250 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 407,550 | 370,920 | 374,455 | 101,653 | 323,878 | 1,250 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 108,000 | 322,441 | 207,200 | 207,200 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 108,000 | 322,441 | 207,200 | 207,200 | 0 | 0 | 0 | 0 |
| total liabilities | 407,550 | 370,920 | 482,455 | 424,094 | 531,078 | 208,450 | 0 | 0 | 0 | 0 |
| net assets | -370,991 | -287,182 | -395,789 | -197,146 | -151,775 | -110,398 | 0 | 100 | 0 | 0 |
| total shareholders funds | -370,991 | -287,182 | -395,789 | -197,146 | -151,775 | -110,398 | 0 | 100 | 0 | 0 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -129,586 | -44,978 | ||||||||
| Depreciation | 992 | 1,276 | 1,701 | 1,890 | 1,056 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | 0 | 0 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 18,964 | -52,434 | -100,957 | 37,014 | 25,191 | 98,052 | -100 | 100 | 0 | 0 |
| Creditors | -203 | -31,527 | -48,209 | -107,717 | 191,378 | 1,250 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 36,833 | 27,992 | 321,011 | -114,508 | 131,250 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 245,874 | -302,327 | ||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -108,000 | -214,441 | 115,241 | 0 | 207,200 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -69,057 | -393 | ||||||||
| cash flow from financing | -283,498 | 114,848 | ||||||||
| cash and cash equivalents | ||||||||||
| cash | -65,151 | 50,640 | 6,317 | 14,898 | 1,049 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -65,151 | 50,640 | 6,317 | 14,898 | 1,049 | 0 | 0 | 0 | 0 | 0 |
first penthouse limited Credit Report and Business Information
First Penthouse Limited Competitor Analysis
Perform a competitor analysis for first penthouse limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NE1 area or any other competitors across 12 key performance metrics.
first penthouse limited Ownership
FIRST PENTHOUSE LIMITED group structure
First Penthouse Limited has 1 subsidiary company.
Ultimate parent company
2 parents
FIRST PENTHOUSE LIMITED
05792414
1 subsidiary
first penthouse limited directors
First Penthouse Limited currently has 1 director, Mr Gary Forrest serving since May 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Forrest | England | 56 years | May 2019 | - | Director |
P&L
December 2018turnover
158.4k
+564%
operating profit
-84.1k
0%
gross margin
29.5%
-3.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
-371k
+0.29%
total assets
36.6k
-0.56%
cash
7.8k
-0.89%
net assets
Total assets minus all liabilities
first penthouse limited company details
company number
05792414
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
April 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2018
previous names
N/A
accountant
TWP ACCOUNTING LLP
auditor
-
address
6/f stockbridge house, trinity gardens, newcastle upon tyne, NE1 2HJ
Bank
-
Legal Advisor
-
first penthouse 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 did not find charges/mortgages relating to first penthouse limited.
first penthouse 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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first penthouse limited Companies House Filings - See Documents
| date | description | view/download |
|---|
