patel family properties ltd
patel family properties ltd Company Information
Company Number
06147273
Next Accounts
Dec 2024
Industry
Buying and selling of own real estate
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
rajniben vinodrai patel
Group Structure
View All
Contact
Registered Address
acorn house, 33 churchfield road, acton, london, W3 6AY
Website
-patel family properties ltd Estimated Valuation
Pomanda estimates the enterprise value of PATEL FAMILY PROPERTIES LTD at £563.7k based on a Turnover of £184.9k and 3.05x industry multiple (adjusted for size and gross margin).
patel family properties ltd Estimated Valuation
Pomanda estimates the enterprise value of PATEL FAMILY PROPERTIES LTD at £34.4k based on an EBITDA of £5.2k and a 6.58x industry multiple (adjusted for size and gross margin).
patel family properties ltd Estimated Valuation
Pomanda estimates the enterprise value of PATEL FAMILY PROPERTIES LTD at £600.7k based on Net Assets of £358.8k and 1.67x industry multiple (adjusted for liquidity).
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Patel Family Properties Ltd Overview
Patel Family Properties Ltd is a live company located in london, W3 6AY with a Companies House number of 06147273. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2007, it's largest shareholder is rajniben vinodrai patel with a 100% stake. Patel Family Properties Ltd is a established, micro sized company, Pomanda has estimated its turnover at £184.9k with declining growth in recent years.
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Patel Family Properties Ltd Health Check
Pomanda's financial health check has awarded Patel Family Properties Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
4 Regular
5 Weak
Size
annual sales of £184.9k, make it smaller than the average company (£847.5k)
- Patel Family Properties Ltd
£847.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (2%)
- Patel Family Properties Ltd
2% - Industry AVG
Production
with a gross margin of 70.5%, this company has a comparable cost of product (70.5%)
- Patel Family Properties Ltd
70.5% - Industry AVG
Profitability
an operating margin of 2.8% make it less profitable than the average company (36.7%)
- Patel Family Properties Ltd
36.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Patel Family Properties Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.2k, the company has an equivalent pay structure (£33.2k)
- Patel Family Properties Ltd
£33.2k - Industry AVG
Efficiency
resulting in sales per employee of £184.9k, this is equally as efficient (£184.9k)
- Patel Family Properties Ltd
£184.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Patel Family Properties Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Patel Family Properties Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Patel Family Properties Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (11 weeks)
2 weeks - Patel Family Properties Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.3%, this is a similar level of debt than the average (63.3%)
69.3% - Patel Family Properties Ltd
63.3% - Industry AVG
PATEL FAMILY PROPERTIES LTD financials
Patel Family Properties Ltd's latest turnover from March 2023 is estimated at £184.9 thousand and the company has net assets of £358.8 thousand. According to their latest financial statements, Patel Family Properties Ltd has 1 employee and maintains cash reserves of £3.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 23,940 | |||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 17,412 | |||||||||||||
| Interest Payable | 15,447 | |||||||||||||
| Interest Receivable | 0 | |||||||||||||
| Pre-Tax Profit | 1,965 | |||||||||||||
| Tax | 0 | |||||||||||||
| Profit After Tax | 1,965 | |||||||||||||
| Dividends Paid | 0 | |||||||||||||
| Retained Profit | 1,965 | |||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* | 17,504 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1 | 1 | 1 | 1 | 88 | 418 | 908 | 1,415 | 624,591 | 624,017 | 623,723 | 623,977 | 503,657 | 503,515 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,121,406 | 951,408 | 954,241 | 957,645 | 961,420 | 964,783 | 908,410 | 890,600 | 600 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,121,407 | 951,409 | 954,242 | 957,646 | 961,508 | 965,201 | 909,318 | 892,015 | 625,191 | 624,017 | 623,723 | 623,977 | 503,657 | 503,515 |
| 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 | 0 | 0 | 0 | 2,873 | 2,800 | 1,065 | 2,241 | 29 | 0 |
| Group Debtors | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 162 | 2,813 | 2,946 | 3,199 | 3,276 | 3,009 | 2,967 | 2,979 | 0 | 0 | 0 | 0 | 0 | 1,694 |
| Cash | 3,227 | 2,737 | 30,724 | 2,939 | 2,708 | 1,117 | 2,874 | 4,359 | 3,935 | 1,974 | 105 | 1,190 | 4,158 | 3,021 |
| misc current assets | 246 | 902 | 731 | 684 | 1,054 | 561 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 48,635 | 51,452 | 79,401 | 51,822 | 52,038 | 4,687 | 5,841 | 7,338 | 6,808 | 4,774 | 1,170 | 3,431 | 4,187 | 4,715 |
| total assets | 1,170,042 | 1,002,861 | 1,033,643 | 1,009,468 | 1,013,546 | 969,888 | 915,159 | 899,353 | 631,999 | 628,791 | 624,893 | 627,408 | 507,844 | 508,230 |
| 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 | 190,322 | 192,964 | 289,261 | 307,495 | 195,082 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 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 | 67,763 | 35,480 | 57,397 | 18,787 | 8,828 | 16,121 | 43,832 | 30,706 | 0 | 0 | 0 | 0 | 0 | 199,610 |
| total current liabilities | 67,763 | 35,480 | 57,397 | 18,787 | 8,828 | 16,121 | 43,832 | 30,706 | 190,322 | 192,964 | 289,261 | 307,495 | 195,082 | 199,610 |
| loans | 685,738 | 714,537 | 714,527 | 714,567 | 714,527 | 630,431 | 579,543 | 579,543 | 89,943 | 89,943 | 313,129 | 313,129 | 313,129 | 313,128 |
| 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 | 313,135 | 313,135 | 0 | 0 | 0 | 0 |
| provisions | 57,696 | 24,066 | 24,066 | 24,066 | 24,145 | 24,145 | 53,033 | 53,030 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 743,434 | 738,603 | 738,593 | 738,633 | 738,672 | 654,576 | 632,576 | 632,573 | 403,078 | 403,078 | 313,129 | 313,129 | 313,129 | 313,128 |
| total liabilities | 811,197 | 774,083 | 795,990 | 757,420 | 747,500 | 670,697 | 676,408 | 663,279 | 593,400 | 596,042 | 602,390 | 620,624 | 508,211 | 512,738 |
| net assets | 358,845 | 228,778 | 237,653 | 252,048 | 266,046 | 299,191 | 238,751 | 236,074 | 38,599 | 32,749 | 22,503 | 6,784 | -367 | -4,508 |
| total shareholders funds | 358,845 | 228,778 | 237,653 | 252,048 | 266,046 | 299,191 | 238,751 | 236,074 | 38,599 | 32,749 | 22,503 | 6,784 | -367 | -4,508 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 17,412 | |||||||||||||
| Depreciation | 0 | 0 | 0 | 87 | 330 | 490 | 506 | 681 | 656 | 504 | 344 | 326 | 151 | 92 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,651 | -133 | -253 | -77 | 45,267 | 42 | -12 | 106 | 73 | 1,735 | -1,176 | 2,212 | -1,665 | 1,694 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -190,322 | -2,642 | -96,297 | -18,234 | 112,413 | 195,082 | 0 |
| Accruals and Deferred Income | 32,283 | -21,917 | 38,610 | 9,959 | -7,293 | -27,711 | 13,126 | 30,706 | 0 | 0 | 0 | 0 | -199,610 | 199,610 |
| Deferred Taxes & Provisions | 33,630 | 0 | 0 | -79 | 0 | -28,888 | 3 | 53,030 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 215,420 | |||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 169,998 | -2,833 | -3,404 | -3,775 | -3,363 | 56,373 | 17,810 | 890,000 | 600 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -28,799 | 10 | -40 | 40 | 84,096 | 50,888 | 0 | 489,600 | 0 | -223,186 | 0 | 0 | 1 | 313,128 |
| 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 | -313,135 | 0 | 313,135 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -15,447 | |||||||||||||
| cash flow from financing | 291,208 | |||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 490 | -27,987 | 27,785 | 231 | 1,591 | -1,757 | -1,485 | 424 | 1,961 | 1,869 | -1,085 | -2,968 | 1,137 | 3,021 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 490 | -27,987 | 27,785 | 231 | 1,591 | -1,757 | -1,485 | 424 | 1,961 | 1,869 | -1,085 | -2,968 | 1,137 | 3,021 |
patel family properties ltd Credit Report and Business Information
Patel Family Properties Ltd Competitor Analysis
Perform a competitor analysis for patel family properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in W 3 area or any other competitors across 12 key performance metrics.
patel family properties ltd Ownership
PATEL FAMILY PROPERTIES LTD group structure
Patel Family Properties Ltd has no subsidiary companies.
Ultimate parent company
PATEL FAMILY PROPERTIES LTD
06147273
patel family properties ltd directors
Patel Family Properties Ltd currently has 2 directors. The longest serving directors include Ms Rajniben Patel (Mar 2007) and Mr Asheet Patel (Oct 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Rajniben Patel | 82 years | Mar 2007 | - | Director | |
| Mr Asheet Patel | 56 years | Oct 2022 | - | Director |
P&L
March 2023turnover
184.9k
+5%
operating profit
5.2k
0%
gross margin
70.5%
+0.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
358.8k
+0.57%
total assets
1.2m
+0.17%
cash
3.2k
+0.18%
net assets
Total assets minus all liabilities
patel family properties ltd company details
company number
06147273
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
March 2007
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
acorn house, 33 churchfield road, acton, london, W3 6AY
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
patel family 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 found 9 charges/mortgages relating to patel family properties ltd. Currently there are 5 open charges and 4 have been satisfied in the past.
patel family 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.
Click to start generating capital raising & share issue transactions for PATEL FAMILY PROPERTIES LTD. This can take several minutes, an email will notify you when this has completed.
patel family properties ltd Companies House Filings - See Documents
| date | description | view/download |
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