simple residential limited
simple residential limited Company Information
Company Number
06339918
Next Accounts
May 2025
Directors
Shareholders
gurpreet singh mahal
amandeep kaur mahal
Group Structure
View All
Industry
Real estate agencies
Registered Address
56 coldharbour lane, hayes, middlesex, UB3 3ES
Website
www.simpleea.comsimple residential limited Estimated Valuation
Pomanda estimates the enterprise value of SIMPLE RESIDENTIAL LIMITED at £1.3m based on a Turnover of £864.9k and 1.52x industry multiple (adjusted for size and gross margin).
simple residential limited Estimated Valuation
Pomanda estimates the enterprise value of SIMPLE RESIDENTIAL LIMITED at £0 based on an EBITDA of £-45.6k and a 4.86x industry multiple (adjusted for size and gross margin).
simple residential limited Estimated Valuation
Pomanda estimates the enterprise value of SIMPLE RESIDENTIAL LIMITED at £21.4k based on Net Assets of £10.6k and 2.02x industry multiple (adjusted for liquidity).
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Simple Residential Limited Overview
Simple Residential Limited is a live company located in middlesex, UB3 3ES with a Companies House number of 06339918. It operates in the real estate agencies sector, SIC Code 68310. Founded in August 2007, it's largest shareholder is gurpreet singh mahal with a 51% stake. Simple Residential Limited is a established, small sized company, Pomanda has estimated its turnover at £864.9k with declining growth in recent years.
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Simple Residential Limited Health Check
Pomanda's financial health check has awarded Simple Residential 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £864.9k, make it larger than the average company (£587.8k)
- Simple Residential Limited
£587.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (4.6%)
- Simple Residential Limited
4.6% - Industry AVG
Production
with a gross margin of 41.6%, this company has a higher cost of product (87.3%)
- Simple Residential Limited
87.3% - Industry AVG
Profitability
an operating margin of -5.3% make it less profitable than the average company (8.2%)
- Simple Residential Limited
8.2% - Industry AVG
Employees
with 8 employees, this is below the industry average (14)
8 - Simple Residential Limited
14 - Industry AVG
Pay Structure
on an average salary of £38.1k, the company has an equivalent pay structure (£38.1k)
- Simple Residential Limited
£38.1k - Industry AVG
Efficiency
resulting in sales per employee of £108.1k, this is more efficient (£85.8k)
- Simple Residential Limited
£85.8k - Industry AVG
Debtor Days
it gets paid by customers after 191 days, this is later than average (40 days)
- Simple Residential Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 289 days, this is slower than average (48 days)
- Simple Residential Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Simple Residential Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Simple Residential Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.7%, this is a higher level of debt than the average (49.1%)
97.7% - Simple Residential Limited
49.1% - Industry AVG
SIMPLE RESIDENTIAL LIMITED financials
Simple Residential Limited's latest turnover from August 2023 is estimated at £864.9 thousand and the company has net assets of £10.6 thousand. According to their latest financial statements, Simple Residential Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 8 | 8 | 9 | 10 | 10 | 9 | 7 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,284 | 12,099 | 12,866 | 11,584 | 14,899 | 14,782 | 15,635 | 10,780 | 11,603 | 13,217 | 8,663 | 8,192 | 9,353 | 8,520 | 4,792 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 10,284 | 12,099 | 12,866 | 11,584 | 14,899 | 14,782 | 15,635 | 10,780 | 11,603 | 13,217 | 8,663 | 8,192 | 9,353 | 8,520 | 4,792 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 452,784 | 509,356 | 600,859 | 449,278 | 323,529 | 277,659 | 246,542 | 187,260 | 163,539 | 127,261 | 94,096 | 79,770 | 59,315 | 87,835 | 75,458 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,411 | 7,584 | 1,682 | 1,823 | 4,002 | ||||||||||
| Cash | 30,465 | 42,707 | 27,046 | 23,060 | 22,252 | 2,187 | 29,891 | 6,792 | |||||||
| misc current assets | 13,939 | 85 | |||||||||||||
| total current assets | 455,195 | 516,940 | 602,541 | 451,101 | 327,531 | 291,598 | 246,627 | 217,725 | 206,246 | 154,307 | 117,156 | 102,022 | 61,502 | 117,726 | 82,250 |
| total assets | 465,479 | 529,039 | 615,407 | 462,685 | 342,430 | 306,380 | 262,262 | 228,505 | 217,849 | 167,524 | 125,819 | 110,214 | 70,855 | 126,246 | 87,042 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 400,007 | 400,012 | 401,623 | 387,914 | 330,474 | 296,269 | 239,992 | 227,454 | 214,793 | 164,762 | 122,674 | 106,636 | 63,894 | 123,321 | 85,912 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 400,007 | 400,012 | 401,623 | 387,914 | 330,474 | 296,269 | 239,992 | 227,454 | 214,793 | 164,762 | 122,674 | 106,636 | 63,894 | 123,321 | 85,912 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 4,859 | 2,765 | 3,532 | 1,480 | 3,420 | 3,488 | 7,941 | ||||||||
| other liabilities | 50,000 | 70,000 | 90,000 | 3,629 | 4,732 | 8,641 | |||||||||
| provisions | 2,321 | 2,643 | 1,733 | 1,638 | 1,871 | 1,597 | |||||||||
| total long term liabilities | 54,859 | 72,765 | 93,532 | 1,480 | 7,049 | 8,220 | 16,582 | 2,321 | 2,643 | 1,733 | 1,638 | 1,871 | 1,597 | ||
| total liabilities | 454,866 | 472,777 | 495,155 | 389,394 | 337,523 | 304,489 | 256,574 | 227,454 | 217,114 | 167,405 | 124,407 | 108,274 | 65,765 | 124,918 | 85,912 |
| net assets | 10,613 | 56,262 | 120,252 | 73,291 | 4,907 | 1,891 | 5,688 | 1,051 | 735 | 119 | 1,412 | 1,940 | 5,090 | 1,328 | 1,130 |
| total shareholders funds | 10,613 | 56,262 | 120,252 | 73,291 | 4,907 | 1,891 | 5,688 | 1,051 | 735 | 119 | 1,412 | 1,940 | 5,090 | 1,328 | 1,130 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 1,902 | 2,048 | 2,332 | 1,529 | 1,446 | 1,650 | 1,503 | 846 | |||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -61,745 | -85,601 | 151,440 | 123,570 | 49,872 | 31,117 | 59,282 | 23,721 | 36,278 | 33,165 | 14,326 | 20,455 | -28,520 | 12,377 | 75,458 |
| Creditors | -5 | -1,611 | 13,709 | 57,440 | 34,205 | 56,277 | 12,538 | 12,661 | 50,031 | 42,088 | 16,038 | 42,742 | -59,427 | 37,409 | 85,912 |
| Accruals and Deferred Income | 2,094 | -767 | 2,052 | -1,940 | -68 | -4,453 | 7,941 | ||||||||
| Deferred Taxes & Provisions | -2,321 | -322 | 910 | 95 | -233 | 274 | 1,597 | ||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -20,000 | -20,000 | 90,000 | -3,629 | -1,103 | -3,909 | 8,641 | ||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -30,465 | -12,242 | 15,661 | 3,986 | 808 | 20,065 | -27,704 | 23,099 | 6,792 | ||||||
| overdraft | |||||||||||||||
| change in cash | -30,465 | -12,242 | 15,661 | 3,986 | 808 | 20,065 | -27,704 | 23,099 | 6,792 |
simple residential limited Credit Report and Business Information
Simple Residential Limited Competitor Analysis
Perform a competitor analysis for simple residential limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in UB3 area or any other competitors across 12 key performance metrics.
simple residential limited Ownership
SIMPLE RESIDENTIAL LIMITED group structure
Simple Residential Limited has no subsidiary companies.
Ultimate parent company
SIMPLE RESIDENTIAL LIMITED
06339918
simple residential limited directors
Simple Residential Limited currently has 1 director, Mr Gurpreet Mahal serving since Aug 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gurpreet Mahal | England | 41 years | Aug 2007 | - | Director |
P&L
August 2023turnover
864.9k
-13%
operating profit
-45.6k
0%
gross margin
41.6%
-11.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
10.6k
-0.81%
total assets
465.5k
-0.12%
cash
0
0%
net assets
Total assets minus all liabilities
simple residential limited company details
company number
06339918
Type
Private limited with Share Capital
industry
68310 - Real estate agencies
incorporation date
August 2007
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
56 coldharbour lane, hayes, middlesex, UB3 3ES
Bank
-
Legal Advisor
-
simple residential 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 simple residential limited. Currently there are 1 open charges and 0 have been satisfied in the past.
simple residential 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 SIMPLE RESIDENTIAL LIMITED. This can take several minutes, an email will notify you when this has completed.
simple residential limited Companies House Filings - See Documents
| date | description | view/download |
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