two tower properties limited

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two tower properties limited Company Information

Share TWO TOWER PROPERTIES LIMITED

Company Number

06846891

Shareholders

bizi holdings ltd

Group Structure

View All

Industry

Renting and operating of Housing Association real estate

 

Registered Address

28 church road, stanmore, middlesex, HA7 4XR

Website

-

two tower properties limited Estimated Valuation

£8.3k

Pomanda estimates the enterprise value of TWO TOWER PROPERTIES LIMITED at £8.3k based on a Turnover of £2k and 4.2x industry multiple (adjusted for size and gross margin).

two tower properties limited Estimated Valuation

£140.5k

Pomanda estimates the enterprise value of TWO TOWER PROPERTIES LIMITED at £140.5k based on an EBITDA of £19.3k and a 7.29x industry multiple (adjusted for size and gross margin).

two tower properties limited Estimated Valuation

£665k

Pomanda estimates the enterprise value of TWO TOWER PROPERTIES LIMITED at £665k based on Net Assets of £371.3k and 1.79x industry multiple (adjusted for liquidity).

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Two Tower Properties Limited Overview

Two Tower Properties Limited is a live company located in middlesex, HA7 4XR with a Companies House number of 06846891. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in March 2009, it's largest shareholder is bizi holdings ltd with a 100% stake. Two Tower Properties Limited is a established, micro sized company, Pomanda has estimated its turnover at £2k with unknown growth in recent years.

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Two Tower Properties Limited Health Check

Pomanda's financial health check has awarded Two Tower Properties Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £2k, make it smaller than the average company (£1.3m)

£2k - Two Tower Properties Limited

£1.3m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Two Tower Properties Limited

- - Industry AVG

production

Production

with a gross margin of 64.8%, this company has a comparable cost of product (64.8%)

64.8% - Two Tower Properties Limited

64.8% - Industry AVG

profitability

Profitability

an operating margin of 977.7% make it more profitable than the average company (18.4%)

977.7% - Two Tower Properties Limited

18.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (5)

1 - Two Tower Properties Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)

£35.3k - Two Tower Properties Limited

£35.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2k, this is less efficient (£201.1k)

£2k - Two Tower Properties Limited

£201.1k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Two Tower Properties Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 244 days, this is slower than average (30 days)

244 days - Two Tower Properties Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Two Tower Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)

0 weeks - Two Tower Properties Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 67%, this is a similar level of debt than the average (72%)

67% - Two Tower Properties Limited

72% - Industry AVG

TWO TOWER PROPERTIES LIMITED financials

EXPORTms excel logo

Two Tower Properties Limited's latest turnover from December 2023 is estimated at £2 thousand and the company has net assets of £371.3 thousand. According to their latest financial statements, we estimate that Two Tower Properties Limited has 1 employee and maintains cash reserves of £4.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,972365,300316,181699,917727,645527,022
Other Income Or Grants
Cost Of Sales693147,218122,657209,915201,491151,698
Gross Profit1,278218,082193,524490,002526,155375,324
Admin Expenses-17,999-7,1626,66332,420-25,650-30,030-29,59376,043-121,272206,901192,919483,960516,262375,1002,375
Operating Profit19,2777,162-6,663-32,42025,65030,03029,593-76,043121,27211,1816056,0429,893224-2,375
Interest Payable13,87212,7999,54910,01311,39112,07312,25412,3816,587
Interest Receivable22322537181088932267151362720104
Pre-Tax Profit5,628-5,412-16,174-42,41514,36718,04617,370-88,398114,75611,2326406,0689,914233-2,371
Tax-1,407-2,730-3,429-3,300-22,951-2,359-147-1,456-2,578-65
Profit After Tax4,221-5,412-16,174-42,41511,63714,61714,070-88,39891,8058,8734934,6127,336168-2,371
Dividends Paid
Retained Profit4,221-5,412-16,174-42,41511,63714,61714,070-88,39891,8058,8734934,6127,336168-2,371
Employee Costs35,30381,48877,782125,179135,000101,102
Number Of Employees133564
EBITDA*19,2777,162-6,663-32,42025,65030,03030,102-74,765122,55012,4582,6647,94211,7932,124-1,767

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets5091,7873,0654,3421,2933,1935,0936,993
Intangible Assets
Investments & Other1,119,0001,119,0001,119,0001,119,0001,119,0001,119,0001,119,000777,075777,075777,075715,674553,000519,740519,740519,740
Debtors (Due After 1 year)
Total Fixed Assets1,119,0001,119,0001,119,0001,119,0001,119,0001,119,0001,119,000777,584778,862780,140720,016554,293522,933524,833526,733
Stock & work in progress
Trade Debtors231,0471,000
Group Debtors
Misc Debtors2,0384,4641,7403,6623,1542,8411,9122,5002,517
Cash4,2684,2288,63721,30414,26714,4899,1213,67117,45710,9089,4124,7975,8542,3081,522
misc current assets
total current assets6,3068,69210,37724,96617,42117,33011,0336,17119,97410,93110,4594,7975,8542,3082,522
total assets1,125,3061,127,6921,129,3771,143,9661,136,4211,136,3301,130,033783,755798,836791,071730,475559,090528,787527,141529,255
Bank overdraft11,72123,63110,8388,7748,7748,7748,774
Bank loan11,09311,757
Trade Creditors 465473,206435,390304,872305,233293,624436,228
Group/Directors Accounts564,276557,776542,776517,776467,776467,776467,776464,776459,776
other short term finances
hp & lease commitments
other current liabilities2,1604,6394,1543,0984,7565,5894,5507,2825,541
total current liabilities577,994574,172558,651544,505483,370482,139481,100480,832474,091473,206435,390304,872305,233293,624436,228
loans106,665117,094128,887141,324152,499165,400174,759184,744193,897
hp & lease commitments
Accruals and Deferred Income
other liabilities203,093250,587210,213217,421234,72094,398
provisions69,33969,33952,69852,69852,69852,57452,57418,93218,932
total long term liabilities176,004186,433181,585194,022205,197217,974227,333203,676212,829203,093250,587210,213217,421234,72094,398
total liabilities753,998760,605740,236738,527688,567700,113708,433684,508686,920676,299685,977515,085522,654528,344530,626
net assets371,308367,087389,141405,439447,854436,217421,60099,247111,916114,77244,49844,0056,133-1,203-1,371
total shareholders funds371,308367,087389,141405,439447,854436,217421,60099,247111,916114,77244,49844,0056,133-1,203-1,371
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit19,2777,162-6,663-32,42025,65030,03029,593-76,043121,27211,1816056,0429,893224-2,375
Depreciation5091,2781,2781,2772,0591,9001,9001,900608
Amortisation
Tax-1,407-2,730-3,429-3,300-22,951-2,359-147-1,456-2,578-65
Stock
Debtors-2,4262,724-1,922508313929-588-172,494-1,0241,047-1,0001,000
Creditors465-473,20637,816130,518-36111,609-142,604436,228
Accruals and Deferred Income-2,4794851,056-1,658-8331,039-2,7321,7415,541
Deferred Taxes & Provisions16,64112433,64218,932
Cash flow from operations18,28221,564-3,685-34,58621,89826,71158,300-73,007-351,62848,939131,9886,12520,824-139,545433,461
Investing Activities
capital expenditure-5,108-7,601
Change in Investments341,92561,401162,67433,260519,740
cash flow from investments-341,925-61,401-167,782-33,260-527,341
Financing Activities
Bank loans-66411,757
Group/Directors Accounts6,50015,00025,00050,0003,0005,000459,776
Other Short Term Loans
Long term loans-10,429-11,793-12,437-11,175-12,901-9,359-9,985-9,153193,897
Hire Purchase and Lease Commitments
other long term liabilities-203,093-47,49440,374-7,208-17,299140,32294,398
share issue-16,642-124308,28375,729-94,66161,40133,2601,000
interest-13,649-12,574-9,512-9,995-11,283-11,984-12,222-12,355-6,51651362720104
cash flow from financing-18,242-14,2522,92728,830-24,184-21,343289,07659,221349,40313,95840,41026,079-17,279140,33295,402
cash and cash equivalents
cash40-4,409-12,6677,037-2225,3685,450-13,7866,5491,4964,615-1,0573,5467861,522
overdraft-11,721-11,91012,7932,0648,774
change in cash407,312-757-5,756-2,2865,3685,450-13,786-2,2251,4964,615-1,0573,5467861,522

two tower properties 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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Two Tower Properties Limited Competitor Analysis

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Perform a competitor analysis for two tower properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HA7 area or any other competitors across 12 key performance metrics.

two tower properties limited Ownership

TWO TOWER PROPERTIES LIMITED group structure

Two Tower Properties Limited has no subsidiary companies.

Ultimate parent company

1 parent

TWO TOWER PROPERTIES LIMITED

06846891

TWO TOWER PROPERTIES LIMITED Shareholders

bizi holdings ltd 100%

two tower properties limited directors

Two Tower Properties Limited currently has 2 directors. The longest serving directors include Mr Eric Sharvelle (Mar 2009) and Mrs Deirdre Beth (Mar 2009).

officercountryagestartendrole
Mr Eric SharvelleUnited States58 years Mar 2009- Director
Mrs Deirdre Beth72 years Mar 2009- Director

P&L

December 2023

turnover

2k

0%

operating profit

19.3k

0%

gross margin

64.9%

0%

turnover

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

Balance Sheet

December 2023

net assets

371.3k

+0.01%

total assets

1.1m

0%

cash

4.3k

+0.01%

net assets

Total assets minus all liabilities

two tower properties limited company details

company number

06846891

Type

Private limited with Share Capital

industry

68201 - Renting and operating of Housing Association real estate

incorporation date

March 2009

age

16

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

PARKER CAVENDISH

auditor

-

address

28 church road, stanmore, middlesex, HA7 4XR

Bank

-

Legal Advisor

-

two tower properties 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 6 charges/mortgages relating to two tower properties limited. Currently there are 5 open charges and 1 have been satisfied in the past.

two tower properties 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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two tower properties limited Companies House Filings - See Documents

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