group accounts office moth club, old trades hall, valette street, london, E9 6NU
Website
-
leecove properties limitedEstimated Valuation
£296k
Pomanda estimates the enterprise value of LEECOVE PROPERTIES LIMITED at £296k based on a Turnover of £591.8k and 0.5x industry multiple (adjusted for size and gross margin).
leecove properties limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of LEECOVE PROPERTIES LIMITED at £0 based on an EBITDA of £-46.8k and a 3.58x industry multiple (adjusted for size and gross margin).
leecove properties limitedEstimated Valuation
£907.6k
Pomanda estimates the enterprise value of LEECOVE PROPERTIES LIMITED at £907.6k based on Net Assets of £383.4k and 2.37x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Leecove Properties LimitedOverview
Leecove Properties Limited is a live company located in valette street, E9 6NU with a Companies House number of 05900352. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2006, it's largest shareholder is
solitaire restaurants holdings limited
with a 87.1% stake. Leecove Properties Limited is a established,
small sized company, Pomanda has estimated its turnover at
£591.8k with
declining
growth in recent years.
Pomanda's financial health check has awarded Leecove Properties Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
3 Regular
5 Weak
Size
annual sales of £591.8k, make it smaller than the average company (£4.3m)
£591.8k - Leecove Properties Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (9.1%)
-21% - Leecove Properties Limited
9.1% - Industry AVG
Production
with a gross margin of 37.6%, this company has a comparable cost of product (37.6%)
37.6% - Leecove Properties Limited
37.6% - Industry AVG
Profitability
an operating margin of -18.5% make it less profitable than the average company (5.5%)
-18.5% - Leecove Properties Limited
5.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (25)
4 - Leecove Properties Limited
25 - Industry AVG
Pay Structure
on an average salary of £50.7k, the company has an equivalent pay structure (£50.7k)
£50.7k - Leecove Properties Limited
£50.7k - Industry AVG
Efficiency
resulting in sales per employee of £147.9k, this is equally as efficient (£156.5k)
£147.9k - Leecove Properties Limited
£156.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Leecove Properties Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 77 days, this is slower than average (32 days)
77 days - Leecove Properties Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Leecove 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 (24 weeks)
0 weeks - Leecove Properties Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30%, this is a lower level of debt than the average (60.5%)
30% - Leecove Properties Limited
60.5% - Industry AVG
LEECOVE PROPERTIES LIMITED financials
EXPORT
Leecove Properties Limited's latest turnover from May 2024 is estimated at £591.8 thousand and the company has net assets of £383.4 thousand. According to their latest financial statements, Leecove Properties Limited has 4 employees and maintains cash reserves of £7 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
591,771
1,091,142
598,475
1,181,921
1,208,438
519,846
661,562
1,015,137
557,981
642,383
870,468
1,633,910
969,895
1,003,799
2,243,745
Other Income Or Grants
Cost Of Sales
369,326
674,800
370,724
744,101
748,318
325,293
413,656
623,733
345,293
406,465
558,876
1,047,132
607,031
609,538
1,331,695
Gross Profit
222,445
416,342
227,751
437,820
460,120
194,553
247,906
391,404
212,688
235,918
311,592
586,778
362,864
394,260
912,050
Admin Expenses
331,733
528,629
-13,573
331,987
414,992
178,515
92,709
372,723
124,538
278,944
196,184
802,781
150,124
270,303
776,517
Operating Profit
-109,288
-112,287
241,324
105,833
45,128
16,038
155,197
18,681
88,150
-43,026
115,408
-216,003
212,740
123,957
135,533
Interest Payable
2,860
3,591
3,400
7,162
25,948
41,659
45,448
28,306
3,286
Interest Receivable
3,729
8,255
1,694
76
47
396
222
179
572
809
707
539
1,059
1,041
314
Pre-Tax Profit
-105,559
-106,892
239,427
102,510
38,014
-9,513
113,759
-26,588
60,416
-45,503
116,115
-215,464
213,799
124,999
135,847
Tax
-45,491
-19,477
-7,223
-21,614
-12,083
-24,384
-51,312
-32,500
-38,037
Profit After Tax
-105,559
-106,892
193,936
83,033
30,791
-9,513
92,145
-26,588
48,333
-45,503
91,731
-215,464
162,487
92,499
97,810
Dividends Paid
Retained Profit
-105,559
-106,892
193,936
83,033
30,791
-9,513
92,145
-26,588
48,333
-45,503
91,731
-215,464
162,487
92,499
97,810
Employee Costs
202,683
673,792
590,841
512,463
380,036
372,030
547,697
530,156
456,305
489,559
263,630
477,645
295,070
288,819
644,275
Number Of Employees
4
14
13
12
9
9
14
14
12
13
7
13
8
8
18
EBITDA*
-46,816
-48,671
304,573
169,755
109,995
81,959
221,330
85,788
156,010
31,508
186,034
-143,086
288,144
199,187
211,743
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
547,873
615,678
674,443
731,190
794,439
858,207
917,292
983,425
1,048,840
1,108,696
1,174,229
1,244,855
1,316,344
1,375,613
1,438,808
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
547,873
615,678
674,443
731,190
794,439
858,207
917,292
983,425
1,048,840
1,108,696
1,174,229
1,244,855
1,316,344
1,375,613
1,438,808
Stock & work in progress
11,068
8,588
13,258
15,964
17,724
13,229
13,510
6,654
13,355
13,421
7,828
9,497
9,632
9,652
Trade Debtors
75
1,811
500
4,502
2,638
177
4,444
5,509
11,552
1,908
22,555
23,727
Group Debtors
86,156
Misc Debtors
1
6,286
24,218
30,506
12,247
62,456
57,734
69,867
49,112
40,295
Cash
7
142,051
224,834
113,946
38,688
55,584
50,087
38,736
104,745
124,145
199,419
83,319
132,395
291,065
125,529
misc current assets
total current assets
8
159,405
257,715
159,521
67,399
140,266
209,844
122,113
160,688
182,239
218,349
102,699
143,800
323,252
158,908
total assets
547,881
775,083
932,158
890,711
861,838
998,473
1,127,136
1,105,538
1,209,528
1,290,935
1,392,578
1,347,554
1,460,144
1,698,865
1,597,716
Bank overdraft
101,110
101,110
101,109
Bank loan
54,473
60,696
101,110
Trade Creditors
78,524
34,335
46,935
434,327
472,854
81,089
60,569
65,147
54,006
59,442
334,156
629,782
417,239
417,188
1,044,706
Group/Directors Accounts
17,555
16,192
5,693
6,428
5,641
other short term finances
hp & lease commitments
other current liabilities
230,495
207,702
444,929
158,605
137,404
153,584
195,677
total current liabilities
78,524
282,385
325,302
434,327
472,854
592,407
326,712
309,302
308,700
356,228
334,156
629,782
417,239
417,188
1,044,706
loans
48,130
63,332
110,790
496,222
583,388
668,735
hp & lease commitments
Accruals and Deferred Income
other liabilities
84,500
2,450
2,450
2,450
2,450
2,450
2,480
2,480
750,947
829,159
580,240
689,909
1,091,168
455,000
provisions
1,410
1,242
8,508
3,843
4,274
4,689
4,072
4,863
total long term liabilities
85,910
3,692
10,958
54,423
70,056
117,929
502,774
590,731
668,735
750,947
829,159
580,240
689,909
1,091,168
455,000
total liabilities
164,434
286,077
336,260
488,750
542,910
710,336
829,486
900,033
977,435
1,107,175
1,163,315
1,210,022
1,107,148
1,508,356
1,499,706
net assets
383,447
489,006
595,898
401,961
318,928
288,137
297,650
205,505
232,093
183,760
229,263
137,532
352,996
190,509
98,010
total shareholders funds
383,447
489,006
595,898
401,961
318,928
288,137
297,650
205,505
232,093
183,760
229,263
137,532
352,996
190,509
98,010
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
-109,288
-112,287
241,324
105,833
45,128
16,038
155,197
18,681
88,150
-43,026
115,408
-216,003
212,740
123,957
135,533
Depreciation
62,472
63,616
63,249
63,922
64,867
65,921
66,133
67,107
67,860
74,534
70,626
72,917
75,404
75,230
76,210
Amortisation
Tax
-45,491
-19,477
-7,223
-21,614
-12,083
-24,384
-51,312
-32,500
-38,037
Stock
-11,068
2,480
-4,670
-2,706
-1,760
4,495
-281
6,856
-6,701
-66
5,593
-1,669
-135
-20
9,652
Debtors
-6,285
-18,007
-8,024
19,570
-54,211
-79,570
76,661
20,578
4,550
39,230
-6,043
9,644
-20,647
-1,172
23,727
Creditors
44,189
-12,600
-387,392
-38,527
391,765
20,520
-4,578
11,141
-5,436
-274,714
-295,626
212,543
51
-627,518
1,044,706
Accruals and Deferred Income
-230,495
22,793
207,702
-444,929
286,324
21,201
-16,180
-42,093
195,677
Deferred Taxes & Provisions
168
-7,266
4,665
-431
-415
617
-791
4,863
Cash flow from operations
-215,601
-30,217
96,751
94,456
105,164
464,495
139,168
58,178
98,549
-86,693
-133,526
61,482
257,665
-459,639
1,185,033
Investing Activities
capital expenditure
5,333
-4,851
-6,502
-673
-1,099
-6,836
-1,692
-8,004
-9,001
-1,428
-16,135
-12,035
-1,515,018
Change in Investments
cash flow from investments
5,333
-4,851
-6,502
-673
-1,099
-6,836
-1,692
-8,004
-9,001
-1,428
-16,135
-12,035
-1,515,018
Financing Activities
Bank loans
-54,473
54,473
-60,696
-40,414
101,110
Group/Directors Accounts
-17,555
1,363
16,192
-5,693
-735
787
5,641
Other Short Term Loans
Long term loans
-48,130
-15,202
-47,458
-385,432
-87,166
-85,347
668,735
Hire Purchase and Lease Commitments
other long term liabilities
82,050
-30
2,480
-750,947
-78,212
248,919
-109,669
-401,259
636,168
455,000
share issue
1
200
interest
3,729
5,395
-1,897
-3,324
-7,115
-25,552
-41,437
-45,269
-27,734
-2,477
707
539
1,059
1,041
314
cash flow from financing
68,224
-47,715
20,639
-18,526
-120,962
-452,163
-26,706
-122,495
-109,946
-80,689
249,626
-109,130
-400,200
637,209
455,514
cash and cash equivalents
cash
-142,044
-82,783
110,888
75,258
-16,896
5,497
11,351
-66,009
-19,400
-75,274
116,100
-49,076
-158,670
165,536
125,529
overdraft
-101,110
1
101,109
change in cash
-142,044
-82,783
110,888
75,258
-16,896
5,497
112,461
-66,009
-19,401
-176,383
116,100
-49,076
-158,670
165,536
125,529
leecove properties limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for leecove properties limited. Get real-time insights into leecove properties limited's credit score, group structure and payment trends.
Perform a competitor analysis for leecove properties limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in E 9 area or any other competitors across 12 key performance metrics.
leecove properties limited Ownership
LEECOVE PROPERTIES LIMITED group structure
Leecove Properties Limited has no subsidiary companies.
The largest shareholders in Leecove Properties Limited include Solitaire Restaurants Holdings Limited and Amir Goldstein.
solitaire restaurants holdings limited
87.06%
amir goldstein
12.44%
kenneth innes conner
0.5%
leecove properties limited directors
Leecove Properties Limited currently has 4 directors.
The longest serving directors include
Mr Michael Nicholas (Oct 2006) and
Mr Jeremy Ledlin (Aug 2007).
group accounts office moth club, old trades hall, valette street, london, E9 6NU
Bank
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Legal Advisor
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leecove 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 2 charges/mortgages relating to leecove properties limited. Currently there are 1 open charges and 1 have been satisfied in the past.
leecove 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 LEECOVE PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.
leecove properties limitedCompanies House Filings - See Documents
