solent fundco 3 limited
solent fundco 3 limited Company Information
Company Number
06978973
Next Accounts
Sep 2025
Shareholders
solent estates partnership limited
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
Registered Address
9th floor cobalt square, 83-85 hagley road, birmingham, B16 8QG
solent fundco 3 limited Estimated Valuation
Pomanda estimates the enterprise value of SOLENT FUNDCO 3 LIMITED at £491.3k based on a Turnover of £217k and 2.26x industry multiple (adjusted for size and gross margin).
solent fundco 3 limited Estimated Valuation
Pomanda estimates the enterprise value of SOLENT FUNDCO 3 LIMITED at £578.8k based on an EBITDA of £97k and a 5.97x industry multiple (adjusted for size and gross margin).
solent fundco 3 limited Estimated Valuation
Pomanda estimates the enterprise value of SOLENT FUNDCO 3 LIMITED at £41.8k based on Net Assets of £23k and 1.82x industry multiple (adjusted for liquidity).
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Solent Fundco 3 Limited Overview
Solent Fundco 3 Limited is a live company located in birmingham, B16 8QG with a Companies House number of 06978973. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in August 2009, it's largest shareholder is solent estates partnership limited with a 100% stake. Solent Fundco 3 Limited is a established, micro sized company, Pomanda has estimated its turnover at £217k with healthy growth in recent years.
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Solent Fundco 3 Limited Health Check
Pomanda's financial health check has awarded Solent Fundco 3 Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £217k, make it smaller than the average company (£360.4k)
£217k - Solent Fundco 3 Limited
£360.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (4.5%)
8% - Solent Fundco 3 Limited
4.5% - Industry AVG
Production
with a gross margin of 56.7%, this company has a comparable cost of product (68.8%)
56.7% - Solent Fundco 3 Limited
68.8% - Industry AVG
Profitability
an operating margin of 44.7% make it more profitable than the average company (6.6%)
44.7% - Solent Fundco 3 Limited
6.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (7)
- Solent Fundco 3 Limited
7 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Solent Fundco 3 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £72.3k, this is less efficient (£102.5k)
- Solent Fundco 3 Limited
£102.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Solent Fundco 3 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (30 days)
27 days - Solent Fundco 3 Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Solent Fundco 3 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 109 weeks, this is more cash available to meet short term requirements (46 weeks)
109 weeks - Solent Fundco 3 Limited
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.9%, this is a higher level of debt than the average (57.2%)
98.9% - Solent Fundco 3 Limited
57.2% - Industry AVG
SOLENT FUNDCO 3 LIMITED financials
Solent Fundco 3 Limited's latest turnover from December 2023 is £217 thousand and the company has net assets of £23 thousand. According to their latest financial statements, we estimate that Solent Fundco 3 Limited has 3 employees and maintains cash reserves of £304 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 217,000 | 232,000 | 133,000 | 172,000 | 136,000 | 98,000 | 198,000 | 95,000 | 139,000 | 172,000 | 159,000 | 362,000 | 371,000 | 97,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 94,000 | 122,000 | 63,000 | 88,000 | 72,000 | 52,000 | 108,000 | 61,000 | 104,000 | 112,000 | 109,000 | 198,000 | 203,000 | 52,000 |
| Gross Profit | 123,000 | 110,000 | 70,000 | 84,000 | 64,000 | 46,000 | 90,000 | 34,000 | 35,000 | 60,000 | 50,000 | 164,000 | 168,000 | 45,000 |
| Admin Expenses | 26,000 | 9,000 | 9,000 | 12,000 | 12,000 | 11,000 | 2,000 | 2,000 | 3,000 | 16,000 | 5,000 | 40,000 | -150,000 | 440,000 |
| Operating Profit | 97,000 | 101,000 | 61,000 | 72,000 | 52,000 | 35,000 | 88,000 | 32,000 | 32,000 | 44,000 | 45,000 | 124,000 | 318,000 | -395,000 |
| Interest Payable | 124,000 | 130,000 | 137,000 | 143,000 | 148,000 | 152,000 | 172,000 | 168,000 | 173,000 | 199,000 | 173,000 | 177,000 | 179,000 | 211,000 |
| Interest Receivable | 125,000 | 117,000 | 121,000 | 128,000 | 135,000 | 142,000 | 148,000 | 149,000 | 155,000 | 164,000 | 162,000 | 146,000 | ||
| Pre-Tax Profit | 98,000 | 88,000 | 45,000 | 57,000 | 39,000 | 25,000 | 64,000 | 13,000 | 14,000 | 9,000 | 34,000 | -53,000 | 139,000 | -460,000 |
| Tax | -36,000 | -28,000 | -57,000 | -4,000 | -16,000 | -8,000 | -12,000 | -10,000 | -11,000 | -7,000 | -12,000 | |||
| Profit After Tax | 62,000 | 60,000 | -12,000 | 53,000 | 23,000 | 17,000 | 52,000 | 3,000 | 3,000 | 2,000 | 22,000 | -53,000 | 139,000 | -460,000 |
| Dividends Paid | 92,000 | 52,000 | 31,000 | 50,000 | 168,000 | |||||||||
| Retained Profit | -30,000 | 60,000 | -64,000 | 22,000 | -27,000 | 17,000 | -116,000 | 3,000 | 3,000 | 2,000 | 22,000 | -53,000 | 139,000 | -460,000 |
| Employee Costs | ||||||||||||||
| Number Of Employees | 6 | 5 | 5 | |||||||||||
| EBITDA* | 97,000 | 101,000 | 61,000 | 72,000 | 52,000 | 35,000 | 88,000 | 32,000 | 32,000 | 44,000 | 45,000 | 219,000 | 406,000 | -361,000 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,119,000 | 2,252,000 | 2,188,000 | |||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | 2,293,000 | 2,300,000 | 2,402,000 | 2,498,000 | 2,547,000 | |||||||||
| Debtors (Due After 1 year) | 1,604,000 | 1,721,000 | 1,786,000 | 1,917,000 | 2,093,000 | 2,202,000 | 34,000 | 36,000 | 38,000 | 40,000 | 42,000 | 44,000 | 46,000 | |
| Total Fixed Assets | 1,604,000 | 1,721,000 | 1,786,000 | 1,917,000 | 2,093,000 | 2,202,000 | 2,327,000 | 2,336,000 | 2,440,000 | 2,538,000 | 2,589,000 | 2,163,000 | 2,298,000 | 2,188,000 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 2,000 | |||||||||||||
| Group Debtors | 9,000 | 7,000 | 4,000 | 16,000 | 2,000 | 15,000 | 14,000 | 11,000 | 9,000 | 37,000 | 43,000 | |||
| Misc Debtors | 138,000 | 74,000 | 90,000 | 96,000 | 12,000 | 5,000 | 3,000 | 10,000 | 21,000 | 15,000 | 18,000 | 22,000 | 7,000 | 55,000 |
| Cash | 304,000 | 412,000 | 345,000 | 319,000 | 303,000 | 266,000 | 251,000 | 423,000 | 317,000 | 335,000 | 297,000 | 202,000 | 213,000 | 173,000 |
| misc current assets | ||||||||||||||
| total current assets | 451,000 | 493,000 | 439,000 | 431,000 | 319,000 | 286,000 | 268,000 | 444,000 | 347,000 | 350,000 | 315,000 | 261,000 | 263,000 | 228,000 |
| total assets | 2,055,000 | 2,214,000 | 2,225,000 | 2,348,000 | 2,412,000 | 2,488,000 | 2,595,000 | 2,780,000 | 2,787,000 | 2,888,000 | 2,904,000 | 2,424,000 | 2,561,000 | 2,416,000 |
| Bank overdraft | ||||||||||||||
| Bank loan | 97,000 | 96,000 | 95,000 | 93,000 | 87,000 | 71,000 | 86,000 | 97,000 | 78,000 | 67,000 | 54,000 | 49,000 | 56,000 | 42,000 |
| Trade Creditors | 7,000 | 8,000 | 6,000 | 4,000 | 11,000 | 3,000 | 3,000 | 2,000 | 3,000 | 5,000 | 7,000 | 5,000 | 2,000 | 1,000 |
| Group/Directors Accounts | 10,000 | 9,000 | 5,000 | 4,000 | 10,000 | 4,000 | 3,000 | 4,000 | 3,000 | 10,000 | 6,000 | 6,000 | 7,000 | 7,000 |
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 30,000 | 47,000 | 21,000 | 42,000 | 28,000 | 33,000 | 77,000 | 74,000 | 33,000 | 68,000 | 36,000 | 30,000 | 59,000 | 22,000 |
| total current liabilities | 144,000 | 160,000 | 127,000 | 143,000 | 136,000 | 111,000 | 169,000 | 177,000 | 117,000 | 150,000 | 103,000 | 90,000 | 124,000 | 72,000 |
| loans | 1,779,000 | 1,882,000 | 1,983,000 | 2,083,000 | 2,180,000 | 2,270,000 | 2,344,000 | 2,417,000 | 2,497,000 | 2,579,000 | 2,648,000 | 2,705,000 | 2,755,000 | 2,801,000 |
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 109,000 | 119,000 | 122,000 | 65,000 | 61,000 | 45,000 | 37,000 | 25,000 | 15,000 | 4,000 | ||||
| total long term liabilities | 1,888,000 | 2,001,000 | 2,105,000 | 2,148,000 | 2,241,000 | 2,315,000 | 2,381,000 | 2,442,000 | 2,512,000 | 2,583,000 | 2,648,000 | 2,705,000 | 2,755,000 | 2,801,000 |
| total liabilities | 2,032,000 | 2,161,000 | 2,232,000 | 2,291,000 | 2,377,000 | 2,426,000 | 2,550,000 | 2,619,000 | 2,629,000 | 2,733,000 | 2,751,000 | 2,795,000 | 2,879,000 | 2,873,000 |
| net assets | 23,000 | 53,000 | -7,000 | 57,000 | 35,000 | 62,000 | 45,000 | 161,000 | 158,000 | 155,000 | 153,000 | -371,000 | -318,000 | -457,000 |
| total shareholders funds | 23,000 | 53,000 | -7,000 | 57,000 | 35,000 | 62,000 | 45,000 | 161,000 | 158,000 | 155,000 | 153,000 | -371,000 | -318,000 | -457,000 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 97,000 | 101,000 | 61,000 | 72,000 | 52,000 | 35,000 | 88,000 | 32,000 | 32,000 | 44,000 | 45,000 | 124,000 | 318,000 | -395,000 |
| Depreciation | 95,000 | 88,000 | 34,000 | |||||||||||
| Amortisation | ||||||||||||||
| Tax | -36,000 | -28,000 | -57,000 | -4,000 | -16,000 | -8,000 | -12,000 | -10,000 | -11,000 | -7,000 | -12,000 | |||
| Stock | ||||||||||||||
| Debtors | -51,000 | -78,000 | -149,000 | -80,000 | -113,000 | 2,171,000 | -6,000 | -11,000 | 13,000 | -5,000 | -43,000 | 7,000 | 41,000 | 55,000 |
| Creditors | -1,000 | 2,000 | 2,000 | -7,000 | 8,000 | 1,000 | -1,000 | -2,000 | -2,000 | 2,000 | 3,000 | 1,000 | 1,000 | |
| Accruals and Deferred Income | -17,000 | 26,000 | -21,000 | 14,000 | -5,000 | -44,000 | 3,000 | 41,000 | -35,000 | 32,000 | 6,000 | -29,000 | 37,000 | 22,000 |
| Deferred Taxes & Provisions | -10,000 | -3,000 | 57,000 | 4,000 | 16,000 | 8,000 | 12,000 | 10,000 | 11,000 | 4,000 | ||||
| Cash flow from operations | 84,000 | 176,000 | 191,000 | 159,000 | 168,000 | -2,180,000 | 98,000 | 83,000 | -18,000 | 76,000 | 84,000 | 186,000 | 403,000 | -393,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | 329,000 | 321,000 | 317,000 | |||||||||||
| Change in Investments | -2,293,000 | -7,000 | -102,000 | -96,000 | -49,000 | 2,547,000 | ||||||||
| cash flow from investments | 336,000 | 423,000 | 413,000 | 49,000 | -2,547,000 | |||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 1,000 | 1,000 | 2,000 | 6,000 | 16,000 | -15,000 | -11,000 | 19,000 | 11,000 | 13,000 | 5,000 | -7,000 | 14,000 | 42,000 |
| Group/Directors Accounts | 1,000 | 4,000 | 1,000 | -6,000 | 6,000 | 1,000 | -1,000 | 1,000 | -7,000 | 4,000 | -1,000 | 7,000 | ||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -103,000 | -101,000 | -100,000 | -97,000 | -90,000 | -74,000 | -73,000 | -80,000 | -82,000 | -69,000 | -57,000 | -50,000 | -46,000 | 2,801,000 |
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | 1,000 | -13,000 | -16,000 | -15,000 | -13,000 | -10,000 | -24,000 | -19,000 | -18,000 | -35,000 | -11,000 | -177,000 | -179,000 | -65,000 |
| cash flow from financing | -100,000 | -109,000 | -113,000 | -112,000 | -81,000 | -98,000 | -109,000 | -79,000 | -96,000 | -87,000 | 439,000 | -235,000 | -211,000 | 2,788,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -108,000 | 67,000 | 26,000 | 16,000 | 37,000 | 15,000 | -172,000 | 106,000 | -18,000 | 38,000 | 95,000 | -11,000 | 40,000 | 173,000 |
| overdraft | ||||||||||||||
| change in cash | -108,000 | 67,000 | 26,000 | 16,000 | 37,000 | 15,000 | -172,000 | 106,000 | -18,000 | 38,000 | 95,000 | -11,000 | 40,000 | 173,000 |
solent fundco 3 limited Credit Report and Business Information
Solent Fundco 3 Limited Competitor Analysis
Perform a competitor analysis for solent fundco 3 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in B16 area or any other competitors across 12 key performance metrics.
solent fundco 3 limited Ownership
SOLENT FUNDCO 3 LIMITED group structure
Solent Fundco 3 Limited has no subsidiary companies.
Ultimate parent company
2 parents
SOLENT FUNDCO 3 LIMITED
06978973
solent fundco 3 limited directors
Solent Fundco 3 Limited currently has 5 directors. The longest serving directors include Mrs Charlotte Douglass (Aug 2017) and Mr Julian Sutcliffe (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Charlotte Douglass | England | 46 years | Aug 2017 | - | Director |
| Mr Julian Sutcliffe | United Kingdom | 57 years | May 2019 | - | Director |
| Ms Elaine Siew | United Kingdom | 57 years | Sep 2024 | - | Director |
| Mr Akinola Amusu | England | 48 years | Dec 2024 | - | Director |
| Ms Francesca Kavanagh | United Kingdom | 39 years | Feb 2025 | - | Director |
P&L
December 2023turnover
217k
-6%
operating profit
97k
-4%
gross margin
56.7%
+19.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
23k
-0.57%
total assets
2.1m
-0.07%
cash
304k
-0.26%
net assets
Total assets minus all liabilities
solent fundco 3 limited company details
company number
06978973
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
August 2009
age
16
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
solent community solutions 3 limited (September 2018)
accountant
-
auditor
GOODMAN JONES LLP
address
9th floor cobalt square, 83-85 hagley road, birmingham, B16 8QG
Bank
-
Legal Advisor
-
solent fundco 3 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 solent fundco 3 limited. Currently there are 1 open charges and 0 have been satisfied in the past.
solent fundco 3 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 SOLENT FUNDCO 3 LIMITED. This can take several minutes, an email will notify you when this has completed.
solent fundco 3 limited Companies House Filings - See Documents
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