urban home lettings limited

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urban home lettings limited Company Information

Share URBAN HOME LETTINGS LIMITED

Company Number

06255074

Shareholders

the ashbourne property group limited

Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

c/o power accountax ltd, mailbox 3, solent business centr, southampton, SO15 0HW

urban home lettings limited Estimated Valuation

£517.8k

Pomanda estimates the enterprise value of URBAN HOME LETTINGS LIMITED at £517.8k based on a Turnover of £1m and 0.51x industry multiple (adjusted for size and gross margin).

urban home lettings limited Estimated Valuation

£39.1k

Pomanda estimates the enterprise value of URBAN HOME LETTINGS LIMITED at £39.1k based on an EBITDA of £10.8k and a 3.63x industry multiple (adjusted for size and gross margin).

urban home lettings limited Estimated Valuation

£18.9k

Pomanda estimates the enterprise value of URBAN HOME LETTINGS LIMITED at £18.9k based on Net Assets of £8k and 2.37x industry multiple (adjusted for liquidity).

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Urban Home Lettings Limited Overview

Urban Home Lettings Limited is a live company located in southampton, SO15 0HW with a Companies House number of 06255074. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2007, it's largest shareholder is the ashbourne property group limited with a 100% stake. Urban Home Lettings Limited is a established, small sized company, Pomanda has estimated its turnover at £1m with low growth in recent years.

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Urban Home Lettings Limited Health Check

Pomanda's financial health check has awarded Urban Home Lettings Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £1m, make it smaller than the average company (£3.7m)

£1m - Urban Home Lettings Limited

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (8.3%)

2% - Urban Home Lettings Limited

8.3% - Industry AVG

production

Production

with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)

37.9% - Urban Home Lettings Limited

37.9% - Industry AVG

profitability

Profitability

an operating margin of 1% make it less profitable than the average company (5.7%)

1% - Urban Home Lettings Limited

5.7% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (22)

7 - Urban Home Lettings Limited

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.6k, the company has an equivalent pay structure (£46.6k)

£46.6k - Urban Home Lettings Limited

£46.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £145.7k, this is equally as efficient (£145.7k)

£145.7k - Urban Home Lettings Limited

£145.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Urban Home Lettings Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Urban Home Lettings Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Urban Home Lettings Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 117 weeks, this is more cash available to meet short term requirements (26 weeks)

117 weeks - Urban Home Lettings Limited

26 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 84%, this is a higher level of debt than the average (59%)

84% - Urban Home Lettings Limited

59% - Industry AVG

URBAN HOME LETTINGS LIMITED financials

EXPORTms excel logo

Urban Home Lettings Limited's latest turnover from March 2024 is estimated at £1 million and the company has net assets of £8 thousand. According to their latest financial statements, Urban Home Lettings Limited has 7 employees and maintains cash reserves of £49.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover1,019,7171,123,338769,083952,457639,451682,68566,05967,46256,90586,26980,53073,189
Other Income Or Grants
Cost Of Sales633,043689,938477,799597,852396,502427,25241,79843,31936,50953,99348,90143,432
Gross Profit386,673433,400291,284354,605242,949255,43224,26024,14320,39532,27531,62929,757
Admin Expenses376,068432,776289,926355,805237,959262,238-12,2082,45420,77511,76632,6217,83028,49831,92324,735
Operating Profit10,6056241,358-1,2004,990-6,80612,208-2,454-20,77512,494-8,47812,5653,777-2945,022
Interest Payable2,8742,7681,823824
Interest Receivable2,5182,0463755030138811711817115814510310156
Pre-Tax Profit10,249-97-90-1,9745,020-6,66812,289-2,437-20,65712,665-8,32012,7103,880-1935,078
Tax-2,562-954-2,335-2,533-2,923-931-1,422
Profit After Tax7,687-97-90-1,9744,066-6,6689,954-2,437-20,65710,132-8,3209,7872,949-1933,656
Dividends Paid
Retained Profit7,687-97-90-1,9744,066-6,6689,954-2,437-20,65710,132-8,3209,7872,949-1933,656
Employee Costs326,512358,138253,471321,084198,756206,62837,66837,70336,78036,89736,12235,801
Number Of Employees786855111111
EBITDA*10,7718311,617-8765,107-6,65212,399-2,214-20,49912,986-8,06812,9684,145-115,588

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets6638291,0361,2951,6196147689591,1991,475603403368284567
Intangible Assets
Investments & Other
Debtors (Due After 1 year)3,170
Total Fixed Assets6638294,2061,2951,6196147689591,1991,475603403368284567
Stock & work in progress
Trade Debtors2521,280504
Group Debtors
Misc Debtors1,4541,068193
Cash49,35746,57649,71050,26848,86611,44725,4776,7296,90540,28928,24734,90023,16018,21222,360
misc current assets
total current assets49,35746,57649,71050,26848,86611,44726,9317,7977,09840,54129,52735,40423,16018,21222,360
total assets50,02047,40553,91651,56350,48512,06127,6998,7568,29742,01630,13035,80723,52818,49622,927
Bank overdraft3,906900900
Bank loan
Trade Creditors 23,51021,93019,42713,98413,93313,309
Group/Directors Accounts15,48112,843
other short term finances
hp & lease commitments
other current liabilities2,4577,25426,51124,06848,01613,65822,62813,6396,2682,9589435,743
total current liabilities21,84420,09727,41124,96848,01613,65822,62813,6396,26823,51021,93019,42716,94214,87619,052
loans20,18127,00026,10026,100
hp & lease commitments
Accruals and Deferred Income
other liabilities4,475295
provisions121817457119
total long term liabilities20,18127,00026,10026,1004,475295121817457119
total liabilities42,02547,09753,51151,06848,01613,65822,62813,63910,74323,80522,05119,50817,01614,93319,171
net assets7,9953084054952,469-1,5975,071-4,883-2,44618,2118,07916,2996,5123,5633,756
total shareholders funds7,9953084054952,469-1,5975,071-4,883-2,44618,2118,07916,2996,5123,5633,756
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit10,6056241,358-1,2004,990-6,80612,208-2,454-20,77512,494-8,47812,5653,777-2945,022
Depreciation166207259324117154191240276492410403368283566
Amortisation
Tax-2,562-954-2,335-2,533-2,923-931-1,422
Stock
Debtors-3,1703,170-1,454386875-59-1,028776504
Creditors-23,5101,5802,5035,4435162413,309
Accruals and Deferred Income-4,797-19,2572,443-23,94834,358-8,9708,9897,3716,268-2,9582,015-4,8005,743
Deferred Taxes & Provisions-12140717-62119
Cash flow from operations3,412-15,256890-24,82438,511-14,16818,6674,282-37,68212,940-6,30112,0335,297-4,24923,337
Investing Activities
capital expenditure-1,122-1,364-610-438-452-1,133
Change in Investments
cash flow from investments-1,122-1,364-610-438-452-1,133
Financing Activities
Bank loans
Group/Directors Accounts2,63812,843
Other Short Term Loans
Long term loans-6,81990026,100
Hire Purchase and Lease Commitments
other long term liabilities-4,4754,180295
share issue100100
interest-356-722-1,448-77430138811711817115814510310156
cash flow from financing-4,53713,021-1,44825,3263013881-4,4584,298466258145103101156
cash and cash equivalents
cash2,781-3,134-5581,40237,419-14,03018,748-176-33,38412,042-6,65311,7404,948-4,14822,360
overdraft3,906-900900
change in cash-1,125-2,234-55850237,419-14,03018,748-176-33,38412,042-6,65311,7404,948-4,14822,360

urban home lettings limited 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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Urban Home Lettings Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for urban home lettings limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in SO15 area or any other competitors across 12 key performance metrics.

urban home lettings limited Ownership

URBAN HOME LETTINGS LIMITED group structure

Urban Home Lettings Limited has no subsidiary companies.

Ultimate parent company

1 parent

URBAN HOME LETTINGS LIMITED

06255074

URBAN HOME LETTINGS LIMITED Shareholders

the ashbourne property group limited 100%

urban home lettings limited directors

Urban Home Lettings Limited currently has 4 directors. The longest serving directors include Miss Marcelina Kondracka (Aug 2015) and Mr Morgan Ebert (May 2022).

officercountryagestartendrole
Miss Marcelina KondrackaUnited Kingdom40 years Aug 2015- Director
Mr Morgan EbertUnited Kingdom49 years May 2022- Director
Mr Chay EbertUnited Kingdom43 years Apr 2023- Director
Ms Alana CunninghamUnited Kingdom42 years Dec 2023- Director

P&L

March 2024

turnover

1m

-9%

operating profit

10.6k

0%

gross margin

38%

-1.72%

turnover

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

Balance Sheet

March 2024

net assets

8k

+24.96%

total assets

50k

+0.06%

cash

49.4k

+0.06%

net assets

Total assets minus all liabilities

urban home lettings limited company details

company number

06255074

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

May 2007

age

18

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

acoe lettings and management limited (November 2019)

skye specialist management & lettings (portsmouth) ltd (March 2013)

accountant

POWER ACCOUNTAX LIMITED

auditor

-

address

c/o power accountax ltd, mailbox 3, solent business centr, southampton, SO15 0HW

Bank

-

Legal Advisor

-

urban home lettings 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 urban home lettings limited.

urban home lettings 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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urban home lettings limited Companies House Filings - See Documents

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