place2rent ltd

3.5

place2rent ltd Company Information

Share PLACE2RENT LTD
Live 
EstablishedSmallDeclining

Company Number

06853530

Website

-

Registered Address

50-54 oswald road, scunthorpe, north lincolnshire, DN15 7PQ

Industry

Construction of domestic buildings

 

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

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

View All

Directors

Christopher Jackson15 Years

Shareholders

christopher charles edward jackson 100%

place2rent ltd Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of PLACE2RENT LTD at £1.7m based on a Turnover of £1.2m and 1.5x industry multiple (adjusted for size and gross margin).

place2rent ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PLACE2RENT LTD at £0 based on an EBITDA of £-657 and a 4.46x industry multiple (adjusted for size and gross margin).

place2rent ltd Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of PLACE2RENT LTD at £1.6m based on Net Assets of £1.1m and 1.38x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from March 2023 

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Place2rent Ltd Overview

Place2rent Ltd is a live company located in north lincolnshire, DN15 7PQ with a Companies House number of 06853530. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in March 2009, it's largest shareholder is christopher charles edward jackson with a 100% stake. Place2rent Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.

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Place2rent Ltd Health Check

Pomanda's financial health check has awarded Place2Rent Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £1.2m, make it larger than the average company (£666k)

£1.2m - Place2rent Ltd

£666k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4.9%)

-2% - Place2rent Ltd

4.9% - Industry AVG

production

Production

with a gross margin of 47%, this company has a comparable cost of product (47%)

47% - Place2rent Ltd

47% - Industry AVG

profitability

Profitability

an operating margin of -0.1% make it less profitable than the average company (21.6%)

-0.1% - Place2rent Ltd

21.6% - Industry AVG

employees

Employees

with 7 employees, this is above the industry average (3)

7 - Place2rent Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)

£36.8k - Place2rent Ltd

£36.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £164.8k, this is equally as efficient (£188.7k)

£164.8k - Place2rent Ltd

£188.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Place2rent Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 169 days, this is slower than average (32 days)

169 days - Place2rent Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Place2rent Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Place2rent Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 23.4%, this is a lower level of debt than the average (68.2%)

23.4% - Place2rent Ltd

68.2% - Industry AVG

place2rent ltd 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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Place2rent Ltd Competitor Analysis

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Perform a competitor analysis for place2rent ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

place2rent ltd Ownership

PLACE2RENT LTD group structure

Place2Rent Ltd has 1 subsidiary company.

Ultimate parent company

PLACE2RENT LTD

06853530

1 subsidiary

PLACE2RENT LTD Shareholders

christopher charles edward jackson 100%

place2rent ltd directors

Place2Rent Ltd currently has 1 director, Mr Christopher Jackson serving since Mar 2009.

officercountryagestartendrole
Mr Christopher JacksonEngland60 years Mar 2009- Director

PLACE2RENT LTD financials

EXPORTms excel logo

Place2Rent Ltd's latest turnover from March 2023 is estimated at £1.2 million and the company has net assets of £1.1 million. According to their latest financial statements, we estimate that Place2Rent Ltd has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,153,6161,060,973982,3371,215,0632,713,8502,618,7052,376,57214,445,24819,457,8797,717,3659,080,6291,570,0121,132,1461,090,321
Other Income Or Grants00000000000000
Cost Of Sales611,383566,688523,140644,6611,419,1251,348,3731,211,0237,613,35410,784,0674,239,3664,931,713857,779623,677590,511
Gross Profit542,233494,285459,197570,4021,294,7251,270,3331,165,5496,831,8948,673,8113,477,9994,148,916712,233508,470499,810
Admin Expenses542,890497,242460,283571,6381,295,9681,271,877901,4447,047,2207,432,7703,479,6133,917,875715,088510,413501,076
Operating Profit-657-2,957-1,086-1,236-1,243-1,544264,105-215,3261,241,041-1,614231,041-2,855-1,943-1,266
Interest Payable00000000000000
Interest Receivable321010033453519151
Pre-Tax Profit-654-2,955-1,076-1,227-1,243-1,541264,108-215,3221,241,046-1,611231,046-2,836-1,928-1,265
Tax000000-52,8210-260,6200-55,451000
Profit After Tax-654-2,955-1,076-1,227-1,243-1,541211,286-215,322980,426-1,611175,595-2,836-1,928-1,265
Dividends Paid00000000000000
Retained Profit-654-2,955-1,076-1,227-1,243-1,541211,286-215,322980,426-1,611175,595-2,836-1,928-1,265
Employee Costs257,546243,103224,848263,647520,652527,104443,4232,353,0292,719,0721,089,8411,311,123266,701172,592175,231
Number Of Employees777815161471843543966
EBITDA*-657-2,957-1,086-1,236-1,243-1,544264,105-215,3261,241,041-1,614231,041-2,855-1,943-1,266

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets5,0005,0005,0005,0005,0005,0005,0005,0005,000567,887202,000695,15600
Intangible Assets00000000000000
Investments & Other11111111111000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets5,0015,0015,0015,0015,0015,0015,0015,0015,001567,888202,001695,15600
Stock & work in progress000000000000545,870519,168
Trade Debtors00000001,901,4182,403,870744,9271,021,6012,8522142,171
Group Debtors1,477,5501,477,5001,477,5001,466,0001,886,0001,886,0001,886,0000000000
Misc Debtors00035019,80019,80019,8000000000
Cash015450918,991001,0521,1186541,235331,9045,744271
misc current assets00000000000000
total current assets1,477,5501,477,6541,478,0091,485,3411,905,8001,905,8001,906,8521,902,5362,404,524746,1621,021,6344,756551,828521,610
total assets1,482,5511,482,6551,483,0101,490,3421,910,8011,910,8011,911,8531,907,5372,409,5251,314,0501,223,635699,912551,828521,610
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 283,784283,784283,784283,784699,584699,584699,584761,3621,261,1431,146,0941,054,068705,940555,020522,874
Group/Directors Accounts0006,2566,2566,2436,2300000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities63,11762,56759,96759,96763,39962,16961,6930000000
total current liabilities346,901346,351343,751350,007769,239767,996767,507761,3621,261,1431,146,0941,054,068705,940555,020522,874
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions0000000213,115000000
total long term liabilities0000000213,115000000
total liabilities346,901346,351343,751350,007769,239767,996767,507974,4771,261,1431,146,0941,054,068705,940555,020522,874
net assets1,135,6501,136,3041,139,2591,140,3351,141,5621,142,8051,144,346933,0601,148,382167,956169,567-6,028-3,192-1,264
total shareholders funds1,135,6501,136,3041,139,2591,140,3351,141,5621,142,8051,144,346933,0601,148,382167,956169,567-6,028-3,192-1,264
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-657-2,957-1,086-1,236-1,243-1,544264,105-215,3261,241,041-1,614231,041-2,855-1,943-1,266
Depreciation00000000000000
Amortisation00000000000000
Tax000000-52,8210-260,6200-55,451000
Stock00000000000-545,87026,702519,168
Debtors50011,150-439,450004,382-502,4521,658,943-276,6741,018,7492,638-1,9572,171
Creditors000-415,80000-61,778-499,781115,04992,026348,128150,92032,146522,874
Accruals and Deferred Income5502,6000-3,4321,23047661,6930000000
Deferred Taxes & Provisions000000-213,115213,115000000
Cash flow from operations-157-357-12,23618,982-13-1,068-6,298460-563,473367,086-495,031691,2975,458269
Investing Activities
capital expenditure00000000562,887-365,887493,156-695,15600
Change in Investments00000000001000
cash flow from investments00000000562,887-365,887493,155-695,15600
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00-6,256013136,2300000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue00000000000001
interest321010033453519151
cash flow from financing32-6,2461013166,233453519152
cash and cash equivalents
cash-154-355-18,48218,9910-1,052-66464-5811,202-1,871-3,8405,473271
overdraft00000000000000
change in cash-154-355-18,48218,9910-1,052-66464-5811,202-1,871-3,8405,473271

P&L

March 2023

turnover

1.2m

+9%

operating profit

-657.3

0%

gross margin

47.1%

+0.89%

turnover

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

Balance Sheet

March 2023

net assets

1.1m

0%

total assets

1.5m

0%

cash

0

-1%

net assets

Total assets minus all liabilities

place2rent ltd company details

company number

06853530

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

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

March 2009

age

15

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

UK

address

50-54 oswald road, scunthorpe, north lincolnshire, DN15 7PQ

last accounts submitted

March 2023

place2rent ltd 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 place2rent ltd.

charges

place2rent ltd Companies House Filings - See Documents

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