north drive properties ltd

1

north drive properties ltd Company Information

Share NORTH DRIVE PROPERTIES LTD
Live 
EstablishedMicroDeclining

Company Number

06171088

Website

-

Registered Address

the bloc unit f14, 38 springfield way, hull, HU10 6RJ

Industry

Renting and operating of Housing Association real estate

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

View All

Directors

Shakti Nayak17 Years

Shareholders

shakti nayak 100%

north drive properties ltd Estimated Valuation

£52.2k

Pomanda estimates the enterprise value of NORTH DRIVE PROPERTIES LTD at £52.2k based on a Turnover of £25k and 2.08x industry multiple (adjusted for size and gross margin).

north drive properties ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of NORTH DRIVE PROPERTIES LTD at £0 based on an EBITDA of £0 and a 4.35x industry multiple (adjusted for size and gross margin).

north drive properties ltd Estimated Valuation

£3.1k

Pomanda estimates the enterprise value of NORTH DRIVE PROPERTIES LTD at £3.1k based on Net Assets of £1.8k and 1.74x industry multiple (adjusted for liquidity).

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North Drive Properties Ltd Overview

North Drive Properties Ltd is a live company located in hull, HU10 6RJ with a Companies House number of 06171088. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in March 2007, it's largest shareholder is shakti nayak with a 100% stake. North Drive Properties Ltd is a established, micro sized company, Pomanda has estimated its turnover at £25k with declining growth in recent years.

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North Drive Properties Ltd Health Check

Pomanda's financial health check has awarded North Drive Properties Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £25k, make it smaller than the average company (£1.8m)

£25k - North Drive Properties Ltd

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (2.5%)

0% - North Drive Properties Ltd

2.5% - Industry AVG

production

Production

with a gross margin of 11.9%, this company has a higher cost of product (57.2%)

11.9% - North Drive Properties Ltd

57.2% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - North Drive Properties Ltd

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (11)

1 - North Drive Properties Ltd

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)

£36.1k - North Drive Properties Ltd

£36.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £25k, this is less efficient (£145.1k)

£25k - North Drive Properties Ltd

£145.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 38 days, this is later than average (17 days)

38 days - North Drive Properties Ltd

17 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 179 days, this is slower than average (25 days)

179 days - North Drive Properties Ltd

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - North Drive Properties Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - North Drive Properties Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 85.8%, this is a higher level of debt than the average (64.9%)

85.8% - North Drive Properties Ltd

64.9% - Industry AVG

NORTH DRIVE PROPERTIES LTD financials

EXPORTms excel logo

North Drive Properties Ltd's latest turnover from March 2023 is estimated at £25 thousand and the company has net assets of £1.8 thousand. According to their latest financial statements, we estimate that North Drive Properties Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover25,04522,63822,15825,40124,89622,19621,304143,478209,58710,857161,643139,349139,23130,741
Other Income Or Grants00000000000000
Cost Of Sales22,07618,98116,75619,18419,46616,08615,444109,497163,7108,379124,907101,779104,63021,412
Gross Profit2,9693,6575,4026,2175,4306,1105,86133,98145,8762,47736,73637,57034,6019,328
Admin Expenses2,9693,6575,4726,2175,5206,2005,99632,90932,00213,54244,68734,48532,3051,988
Operating Profit00-700-90-90-1351,07213,874-11,065-7,9513,0852,2967,340
Interest Payable00000000000000
Interest Receivable000000113413411296038
Pre-Tax Profit00-700-90-90-1241,10613,887-11,061-7,9403,1142,3567,378
Tax0000000-221-2,91600-810-660-2,066
Profit After Tax00-700-90-90-12488510,971-11,061-7,9402,3041,6965,312
Dividends Paid00000000000000
Retained Profit00-700-90-90-12488510,971-11,061-7,9402,3041,6965,312
Employee Costs36,14635,08334,13532,11531,12927,85227,60028,30828,08327,25027,50025,76326,33526,535
Number Of Employees11111111111111
EBITDA*00-700-90-90-1356,20014,779-9,999-6,6984,4712,2967,340

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets10,00010,00010,00010,00010,00010,00010,00010,000263,2650265,236265,989258,13775,000
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets10,00010,00010,00010,00010,00010,00010,00010,000263,2650265,236265,989258,13775,000
Stock & work in progress00000000000000
Trade Debtors2,6412,6412,6412,7612,7613,3063,37122,55422,554019,61119,61118,4340
Group Debtors00000000000000
Misc Debtors00000000000000
Cash00000008,4715,28101,6792,8488,71415,258
misc current assets00000000000000
total current assets2,6412,6412,6412,7612,7613,3063,37131,02527,835021,29022,45927,14815,258
total assets12,64112,64112,64112,76112,76113,30613,37141,025291,1000286,526288,448285,28590,258
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 10,84810,84810,84810,89810,89811,35311,32838,857288,7929,688283,733277,565278,27684,945
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities10,84810,84810,84810,89810,89811,35311,32838,857288,7929,688283,733277,565278,27684,945
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions000000001,02501,4201,57000
total long term liabilities000000001,02501,4201,57000
total liabilities10,84810,84810,84810,89810,89811,35311,32838,857289,8179,688285,153279,135278,27684,945
net assets1,7931,7931,7931,8631,8631,9532,0432,1681,283-9,6881,3739,3137,0095,313
total shareholders funds1,7931,7931,7931,8631,8631,9532,0432,1681,283-9,6881,3739,3137,0095,313
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit00-700-90-90-1351,07213,874-11,065-7,9513,0852,2967,340
Depreciation00000005,1289051,0661,2531,38600
Amortisation00000000000000
Tax0000000-221-2,91600-810-660-2,066
Stock00000000000000
Debtors00-1200-545-65-19,183022,554-19,61101,17718,4340
Creditors00-500-45525-27,529-249,935279,104-274,0456,168-711193,33184,945
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions0000000-1,0251,025-1,420-1501,57000
Cash flow from operations000000-8,481-244,981269,438-265,853-6803,343176,53390,219
Investing Activities
capital expenditure0000000248,137-264,170264,170-500-9,238-183,137-75,000
Change in Investments00000000000000
cash flow from investments0000000248,137-264,170264,170-500-9,238-183,137-75,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue000000-10000001
interest000000113413411296038
cash flow from financing000000103413411296039
cash and cash equivalents
cash000000-8,4713,1905,281-1,679-1,169-5,866-6,54415,258
overdraft00000000000000
change in cash000000-8,4713,1905,281-1,679-1,169-5,866-6,54415,258

north drive properties ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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North Drive Properties Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for north drive properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HU10 area or any other competitors across 12 key performance metrics.

north drive properties ltd Ownership

NORTH DRIVE PROPERTIES LTD group structure

North Drive Properties Ltd has no subsidiary companies.

Ultimate parent company

NORTH DRIVE PROPERTIES LTD

06171088

NORTH DRIVE PROPERTIES LTD Shareholders

shakti nayak 100%

north drive properties ltd directors

North Drive Properties Ltd currently has 1 director, Mrs Shakti Nayak serving since Mar 2007.

officercountryagestartendrole
Mrs Shakti NayakEngland56 years Mar 2007- Director

P&L

March 2023

turnover

25k

+11%

operating profit

0

0%

gross margin

11.9%

-26.62%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

1.8k

0%

total assets

12.6k

0%

cash

0

0%

net assets

Total assets minus all liabilities

north drive properties ltd company details

company number

06171088

Type

Private limited with Share Capital

industry

68201 - Renting and operating of Housing Association real estate

incorporation date

March 2007

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

the bloc unit f14, 38 springfield way, hull, HU10 6RJ

Bank

-

Legal Advisor

-

north drive 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 did not find charges/mortgages relating to north drive properties ltd.

charges

north drive properties ltd Companies House Filings - See Documents

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