the smith property partnership limited
the smith property partnership limited Company Information
Company Number
06737967
Next Accounts
Sep 2025
Shareholders
ht smith re h&ml smith 1991 settlement trust
trustees of h & ml smith 1991 settlement
Group Structure
View All
Industry
Development of building projects
Registered Address
first floor kirkdale house, kirkdale road, leytonstone, london, E11 1HP
Website
-the smith property partnership limited Estimated Valuation
Pomanda estimates the enterprise value of THE SMITH PROPERTY PARTNERSHIP LIMITED at £78.3k based on a Turnover of £162.6k and 0.48x industry multiple (adjusted for size and gross margin).
the smith property partnership limited Estimated Valuation
Pomanda estimates the enterprise value of THE SMITH PROPERTY PARTNERSHIP LIMITED at £1.5m based on an EBITDA of £393.2k and a 3.8x industry multiple (adjusted for size and gross margin).
the smith property partnership limited Estimated Valuation
Pomanda estimates the enterprise value of THE SMITH PROPERTY PARTNERSHIP LIMITED at £24.5m based on Net Assets of £17.3m and 1.41x industry multiple (adjusted for liquidity).
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The Smith Property Partnership Limited Overview
The Smith Property Partnership Limited is a live company located in leytonstone, E11 1HP with a Companies House number of 06737967. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2008, it's largest shareholder is ht smith re h&ml smith 1991 settlement trust with a 78.1% stake. The Smith Property Partnership Limited is a established, micro sized company, Pomanda has estimated its turnover at £162.6k with declining growth in recent years.
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The Smith Property Partnership Limited Health Check
Pomanda's financial health check has awarded The Smith Property Partnership Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £162.6k, make it smaller than the average company (£2.5m)
- The Smith Property Partnership Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.8%)
- The Smith Property Partnership Limited
4.8% - Industry AVG
Production
with a gross margin of 27.1%, this company has a comparable cost of product (27.1%)
- The Smith Property Partnership Limited
27.1% - Industry AVG
Profitability
an operating margin of 241.8% make it more profitable than the average company (6.9%)
- The Smith Property Partnership Limited
6.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - The Smith Property Partnership Limited
7 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- The Smith Property Partnership Limited
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £81.3k, this is less efficient (£290.5k)
- The Smith Property Partnership Limited
£290.5k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (28 days)
- The Smith Property Partnership Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (31 days)
- The Smith Property Partnership Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Smith Property Partnership Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (12 weeks)
22 weeks - The Smith Property Partnership Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5%, this is a lower level of debt than the average (73.6%)
5% - The Smith Property Partnership Limited
73.6% - Industry AVG
THE SMITH PROPERTY PARTNERSHIP LIMITED financials
The Smith Property Partnership Limited's latest turnover from December 2023 is estimated at £162.6 thousand and the company has net assets of £17.3 million. According to their latest financial statements, The Smith Property Partnership Limited has 2 employees and maintains cash reserves of £54.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,850,000 | 3,150,000 | 9,150,000 | ||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 4,242,000 | 4,337,492 | 4,304,000 | 4,157,000 | 3,785,000 | 3,785,000 | 3,657,000 | 3,560,000 | 3,560,000 | 3,360,000 | 2,875,000 | ||||
| Debtors (Due After 1 year) | 11,743,562 | 11,672,349 | 10,406,576 | ||||||||||||
| Total Fixed Assets | 4,242,000 | 4,337,492 | 4,304,000 | 4,157,000 | 3,785,000 | 3,785,000 | 3,657,000 | 3,560,000 | 3,560,000 | 3,360,000 | 14,618,562 | 14,522,349 | 13,556,576 | 9,150,000 | |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,700 | 4,919 | 5,473 | 2,247 | 3,342 | 128 | 5,292 | 12,330 | 4,525 | 13,793,196 | 1,375,058 | 1,439,602 | 2,912,924 | 10,314,273 | |
| Group Debtors | 12,736,979 | 12,756,912 | |||||||||||||
| Misc Debtors | 13,943,298 | 13,728,740 | 13,499,434 | 13,392,839 | 13,235,527 | 12,944,705 | 12,899,721 | 3,821 | 1,164 | ||||||
| Cash | 54,739 | 91,781 | 133,072 | 62,104 | 29,869 | 77,438 | 56,791 | 131,089 | 28,823 | 985 | 15,400 | 892 | 8,184 | ||
| misc current assets | |||||||||||||||
| total current assets | 13,999,737 | 13,825,440 | 13,637,979 | 13,457,190 | 13,268,738 | 13,022,271 | 12,961,804 | 12,884,219 | 12,791,424 | 13,793,196 | 1,376,043 | 1,455,002 | 2,913,816 | 10,322,457 | |
| total assets | 18,241,737 | 18,162,932 | 17,941,979 | 17,614,190 | 17,053,738 | 16,807,271 | 16,618,804 | 16,444,219 | 16,351,424 | 17,153,196 | 15,994,605 | 15,977,351 | 16,470,392 | 19,472,457 | |
| Bank overdraft | 25,522 | 25,522 | 155,421 | 25,522 | |||||||||||
| Bank loan | 36,994 | 39,819 | 33,045 | 32,123 | 30,525 | 30,105 | 26,884 | 26,884 | 26,109 | 25,105 | |||||
| Trade Creditors | 1,623 | 3,695 | 11,862 | 6,557 | 13,864 | 23,944 | 3,928 | 5,044 | 11,315 | 1,355,727 | 25,206 | 44,036 | 338,345 | 3,587,823 | |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 86,496 | 74,017 | 64,782 | 67,064 | 74,373 | 51,793 | 32,260 | 17,174 | 12,139 | ||||||
| total current liabilities | 125,113 | 117,531 | 109,689 | 105,744 | 118,762 | 105,842 | 63,072 | 49,102 | 49,563 | 1,380,832 | 50,728 | 69,558 | 493,766 | 3,613,345 | |
| loans | 623,708 | 657,877 | 704,471 | 737,963 | 771,684 | 802,628 | 835,954 | 862,289 | 889,948 | 917,011 | 937,979 | 102,888 | 89,684 | 102,068 | |
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 859,470 | 898,551 | 906,104 | ||||||||||||
| provisions | 164,692 | 190,185 | 190,185 | 116,611 | 62,172 | 55,627 | 43,109 | 37,470 | 49,620 | ||||||
| total long term liabilities | 788,400 | 848,062 | 894,656 | 854,574 | 833,856 | 858,255 | 879,063 | 899,759 | 939,568 | 917,011 | 937,979 | 962,358 | 988,235 | 1,008,172 | |
| total liabilities | 913,513 | 965,593 | 1,004,345 | 960,318 | 952,618 | 964,097 | 942,135 | 948,861 | 989,131 | 2,297,843 | 988,707 | 1,031,916 | 1,482,001 | 4,621,517 | |
| net assets | 17,328,224 | 17,197,339 | 16,937,634 | 16,653,872 | 16,101,120 | 15,843,174 | 15,676,669 | 15,495,358 | 15,362,293 | 14,855,353 | 15,005,898 | 14,945,435 | 14,988,391 | 14,850,940 | |
| total shareholders funds | 17,328,224 | 17,197,339 | 16,937,634 | 16,653,872 | 16,101,120 | 15,843,174 | 15,676,669 | 15,495,358 | 15,362,293 | 14,855,353 | 15,005,898 | 14,945,435 | 14,988,391 | 14,850,940 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 211,339 | 228,752 | 109,821 | 156,217 | 294,036 | 39,820 | 151,883 | -9,471 | -1,030,595 | 674,576 | 6,669 | -207,549 | 3,005,227 | 10,314,273 | |
| Creditors | -2,072 | -8,167 | 5,305 | -7,307 | -10,080 | 20,016 | -1,116 | -6,271 | -1,344,412 | 1,330,521 | -18,830 | -294,309 | -3,249,478 | 3,587,823 | |
| Accruals and Deferred Income | 12,479 | 9,235 | -2,282 | -7,309 | 22,580 | 19,533 | 15,086 | 5,035 | 12,139 | ||||||
| Deferred Taxes & Provisions | -25,493 | 73,574 | 54,439 | 6,545 | 12,518 | 5,639 | -12,150 | 49,620 | |||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -95,492 | 33,492 | 147,000 | 372,000 | 128,000 | 97,000 | 200,000 | 485,000 | 2,875,000 | ||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -2,825 | 6,774 | 922 | 1,598 | 420 | 3,221 | 775 | 1,004 | 25,105 | ||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -34,169 | -46,594 | -33,492 | -33,721 | -30,944 | -33,326 | -26,335 | -27,659 | -27,063 | -20,968 | 835,091 | 13,204 | -12,384 | 102,068 | |
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -859,470 | -39,081 | -7,553 | 906,104 | |||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -37,042 | -41,291 | 70,968 | 32,235 | -47,569 | 20,647 | -74,298 | 102,266 | 28,823 | -985 | -14,415 | 14,508 | -7,292 | 8,184 | |
| overdraft | -25,522 | -129,899 | 129,899 | 25,522 | |||||||||||
| change in cash | -37,042 | -41,291 | 70,968 | 32,235 | -47,569 | 20,647 | -74,298 | 102,266 | 28,823 | 24,537 | -14,415 | 144,407 | -137,191 | -17,338 |
the smith property partnership limited Credit Report and Business Information
The Smith Property Partnership Limited Competitor Analysis
Perform a competitor analysis for the smith property partnership limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in E11 area or any other competitors across 12 key performance metrics.
the smith property partnership limited Ownership
THE SMITH PROPERTY PARTNERSHIP LIMITED group structure
The Smith Property Partnership Limited has no subsidiary companies.
Ultimate parent company
THE SMITH PROPERTY PARTNERSHIP LIMITED
06737967
the smith property partnership limited directors
The Smith Property Partnership Limited currently has 2 directors. The longest serving directors include Mr Christopher Spires (Nov 2017) and Chelsea Reynolds (Feb 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Spires | England | 59 years | Nov 2017 | - | Director |
| Chelsea Reynolds | England | 37 years | Feb 2024 | - | Director |
P&L
December 2023turnover
162.6k
-8%
operating profit
393.2k
0%
gross margin
27.1%
+1.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
17.3m
+0.01%
total assets
18.2m
0%
cash
54.7k
-0.4%
net assets
Total assets minus all liabilities
the smith property partnership limited company details
company number
06737967
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
first floor kirkdale house, kirkdale road, leytonstone, london, E11 1HP
Bank
-
Legal Advisor
-
the smith property partnership 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 the smith property partnership limited.
the smith property partnership 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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the smith property partnership limited Companies House Filings - See Documents
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