properties direct (nw) limited

Dissolved 

properties direct (nw) limited Company Information

Share PROPERTIES DIRECT (NW) LIMITED

Company Number

06263312

Shareholders

union road properties ltd

Group Structure

View All

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

lord house, 51 lord street, manchester, M3 1HE

properties direct (nw) limited Estimated Valuation

£90.9k

Pomanda estimates the enterprise value of PROPERTIES DIRECT (NW) LIMITED at £90.9k based on a Turnover of £37.3k and 2.44x industry multiple (adjusted for size and gross margin).

properties direct (nw) limited Estimated Valuation

£67k

Pomanda estimates the enterprise value of PROPERTIES DIRECT (NW) LIMITED at £67k based on an EBITDA of £14.1k and a 4.77x industry multiple (adjusted for size and gross margin).

properties direct (nw) limited Estimated Valuation

£223.9k

Pomanda estimates the enterprise value of PROPERTIES DIRECT (NW) LIMITED at £223.9k based on Net Assets of £128.2k and 1.75x industry multiple (adjusted for liquidity).

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Properties Direct (nw) Limited Overview

Properties Direct (nw) Limited is a dissolved company that was located in manchester, M3 1HE with a Companies House number of 06263312. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 2007, it's largest shareholder was union road properties ltd with a 100% stake. The last turnover for Properties Direct (nw) Limited was estimated at £37.3k.

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Properties Direct (nw) Limited Health Check

Pomanda's financial health check has awarded Properties Direct (Nw) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £37.3k, make it smaller than the average company (£685k)

£37.3k - Properties Direct (nw) Limited

£685k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (1.2%)

19% - Properties Direct (nw) Limited

1.2% - Industry AVG

production

Production

with a gross margin of 32.6%, this company has a higher cost of product (74.8%)

32.6% - Properties Direct (nw) Limited

74.8% - Industry AVG

profitability

Profitability

an operating margin of 37.7% make it less profitable than the average company (47.5%)

37.7% - Properties Direct (nw) Limited

47.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Properties Direct (nw) Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.5k, the company has an equivalent pay structure (£29.5k)

£29.5k - Properties Direct (nw) Limited

£29.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £37.3k, this is less efficient (£145.6k)

£37.3k - Properties Direct (nw) Limited

£145.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 57 days, this is later than average (35 days)

57 days - Properties Direct (nw) Limited

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 455 days, this is slower than average (40 days)

455 days - Properties Direct (nw) Limited

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Properties Direct (nw) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Properties Direct (nw) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 46.9%, this is a lower level of debt than the average (61.4%)

46.9% - Properties Direct (nw) Limited

61.4% - Industry AVG

PROPERTIES DIRECT (NW) LIMITED financials

EXPORTms excel logo

Properties Direct (Nw) Limited's latest turnover from March 2022 is estimated at £37.3 thousand and the company has net assets of £128.2 thousand. According to their latest financial statements, Properties Direct (Nw) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover37,29334,29835,53421,91916,28211,97510,28012,41013,3379,3338,7425,9773,090
Other Income Or Grants
Cost Of Sales25,12622,65023,75114,74810,8067,6916,8778,7469,3766,6346,2154,2182,144
Gross Profit12,16711,64811,7837,1715,4764,2843,4043,6643,9612,6992,5271,759945
Admin Expenses-1,885-2,404-2,269-6,881-7,796-6,047-12,741-10,182-8,788-10,113-10,759-10,772-965
Operating Profit14,05214,05214,05214,05213,27210,33116,14513,84612,74912,81213,28612,5311,910
Interest Payable
Interest Receivable128131618146
Pre-Tax Profit14,05214,05214,05214,05213,27210,33316,14813,85312,76212,82813,30412,5461,917
Tax-2,670-2,670-2,670-2,670-2,522-2,066-3,229-2,909-2,935-3,079-3,459-3,513-537
Profit After Tax11,38211,38211,38211,38210,7508,26612,91810,9449,8279,7499,8459,0331,380
Dividends Paid
Retained Profit11,38211,38211,38211,38210,7508,26612,91810,9449,8279,7499,8459,0331,380
Employee Costs29,54426,84527,39226,99926,17825,57226,25026,04924,77423,99023,93723,35224,811
Number Of Employees1111111111111
EBITDA*14,05214,05214,05214,05213,27210,33116,14513,84612,74912,81213,28612,5311,910

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets235,786235,786235,786235,786235,786235,786235,786235,786235,786235,786235,786235,786235,786
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets235,786235,786235,786235,786235,786235,786235,786235,786235,786235,786235,786235,786235,786
Stock & work in progress
Trade Debtors5,8955,1754,4553,7353,0211,941
Group Debtors
Misc Debtors
Cash8663,0552,1894,1083,2432,541
misc current assets
total current assets5,8955,1754,4553,7353,0211,9418663,0552,1894,1083,2432,541
total assets241,681240,961240,241239,521238,807237,727236,652235,786238,841237,975239,894239,029238,327
Bank overdraft
Bank loan
Trade Creditors 31,36228,69326,56423,35520,14617,08411,43810,89812,5219,5239,3306,3283,591
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities31,36228,69326,56423,35520,14617,08411,43810,89812,5219,5239,3306,3283,591
loans
hp & lease commitments
Accruals and Deferred Income1,6201,080
other liabilities80,45994,330108,201122,072135,949148,681161,418174,010186,386198,345210,206222,188233,256
provisions
total long term liabilities82,07995,410108,201122,072135,949148,681161,418174,010186,386198,345210,206222,188233,256
total liabilities113,441124,103134,765145,427156,095165,765172,856184,908198,907207,868219,536228,516236,847
net assets128,240116,858105,47694,09482,71271,96263,79650,87839,93430,10720,35810,5131,480
total shareholders funds128,240116,858105,47694,09482,71271,96263,79650,87839,93430,10720,35810,5131,480
Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit14,05214,05214,05214,05213,27210,33116,14513,84612,74912,81213,28612,5311,910
Depreciation
Amortisation
Tax-2,670-2,670-2,670-2,670-2,522-2,066-3,229-2,909-2,935-3,079-3,459-3,513-537
Stock
Debtors7207207207141,0801,941
Creditors2,6692,1293,2093,2093,0625,646540-1,6232,9981933,0022,7373,591
Accruals and Deferred Income5401,080
Deferred Taxes & Provisions
Cash flow from operations13,87113,87113,87113,87712,73211,97013,4569,31412,8129,92612,82911,7554,964
Investing Activities
capital expenditure-235,786
Change in Investments
cash flow from investments-235,786
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-13,871-13,871-13,871-13,877-12,732-12,737-12,592-12,376-11,959-11,861-11,982-11,068233,256
share issue-100100
interest128131618146
cash flow from financing-13,871-13,871-13,871-13,877-12,732-12,836-12,590-12,368-11,946-11,845-11,964-11,054233,362
cash and cash equivalents
cash-866866-3,055866-1,9198657022,541
overdraft
change in cash-866866-3,055866-1,9198657022,541

properties direct (nw) 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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Properties Direct (nw) Limited Competitor Analysis

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Perform a competitor analysis for properties direct (nw) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in M 3 area or any other competitors across 12 key performance metrics.

properties direct (nw) limited Ownership

PROPERTIES DIRECT (NW) LIMITED group structure

Properties Direct (Nw) Limited has no subsidiary companies.

Ultimate parent company

1 parent

PROPERTIES DIRECT (NW) LIMITED

06263312

PROPERTIES DIRECT (NW) LIMITED Shareholders

union road properties ltd 100%

properties direct (nw) limited directors

Properties Direct (Nw) Limited currently has 2 directors. The longest serving directors include Mrs Mahwish Akhyar (Oct 2015) and Mr Tarsem Singh (Jan 2019).

officercountryagestartendrole
Mrs Mahwish AkhyarEngland44 years Oct 2015- Director
Mr Tarsem SinghUnited Kingdom55 years Jan 2019- Director

P&L

March 2022

turnover

37.3k

+9%

operating profit

14.1k

0%

gross margin

32.7%

-3.93%

turnover

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

Balance Sheet

March 2022

net assets

128.2k

+0.1%

total assets

241.7k

0%

cash

0

0%

net assets

Total assets minus all liabilities

properties direct (nw) limited company details

company number

06263312

Type

Private limited with Share Capital

industry

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

May 2007

age

18

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

March 2022

previous names

N/A

accountant

-

auditor

-

address

lord house, 51 lord street, manchester, M3 1HE

Bank

-

Legal Advisor

-

properties direct (nw) 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 1 charges/mortgages relating to properties direct (nw) limited. Currently there are 1 open charges and 0 have been satisfied in the past.

properties direct (nw) 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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properties direct (nw) limited Companies House Filings - See Documents

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