rightmove landlord and tenant services limited

rightmove landlord and tenant services limited Company Information

Share RIGHTMOVE LANDLORD AND TENANT SERVICES LIMITED
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EstablishedSmallHealthy

Company Number

07064255

Industry

Non-life insurance

 

Shareholders

rightmove group limited

Group Structure

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Contact

Registered Address

2 caldecotte lake business park, caldecotte lake drive, milton keynes, MK7 8LE

rightmove landlord and tenant services limited Estimated Valuation

£2.5m

Pomanda estimates the enterprise value of RIGHTMOVE LANDLORD AND TENANT SERVICES LIMITED at £2.5m based on a Turnover of £3.9m and 0.64x industry multiple (adjusted for size and gross margin).

rightmove landlord and tenant services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RIGHTMOVE LANDLORD AND TENANT SERVICES LIMITED at £0 based on an EBITDA of £-1.4m and a 8.54x industry multiple (adjusted for size and gross margin).

rightmove landlord and tenant services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RIGHTMOVE LANDLORD AND TENANT SERVICES LIMITED at £0 based on Net Assets of £-3.6m and 1.7x industry multiple (adjusted for liquidity).

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Rightmove Landlord And Tenant Services Limited Overview

Rightmove Landlord And Tenant Services Limited is a live company located in milton keynes, MK7 8LE with a Companies House number of 07064255. It operates in the non-life insurance sector, SIC Code 65120. Founded in November 2009, it's largest shareholder is rightmove group limited with a 100% stake. Rightmove Landlord And Tenant Services Limited is a established, small sized company, Pomanda has estimated its turnover at £3.9m with healthy growth in recent years.

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Rightmove Landlord And Tenant Services Limited Health Check

Pomanda's financial health check has awarded Rightmove Landlord And Tenant Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £3.9m, make it larger than the average company (£2.1m)

£3.9m - Rightmove Landlord And Tenant Services Limited

£2.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (8.7%)

7% - Rightmove Landlord And Tenant Services Limited

8.7% - Industry AVG

production

Production

with a gross margin of 93.3%, this company has a comparable cost of product (100%)

93.3% - Rightmove Landlord And Tenant Services Limited

100% - Industry AVG

profitability

Profitability

an operating margin of -46% make it less profitable than the average company (17.5%)

-46% - Rightmove Landlord And Tenant Services Limited

17.5% - Industry AVG

employees

Employees

with 97 employees, this is above the industry average (26)

97 - Rightmove Landlord And Tenant Services Limited

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.2k, the company has a lower pay structure (£65.6k)

£39.2k - Rightmove Landlord And Tenant Services Limited

£65.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £40.1k, this is less efficient (£163.5k)

£40.1k - Rightmove Landlord And Tenant Services Limited

£163.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 95 days, this is earlier than average (216 days)

95 days - Rightmove Landlord And Tenant Services Limited

216 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 317 days, this is close to average (293 days)

317 days - Rightmove Landlord And Tenant Services Limited

293 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rightmove Landlord And Tenant Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (18 weeks)

36 weeks - Rightmove Landlord And Tenant Services Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 180.6%, this is a higher level of debt than the average (81.5%)

180.6% - Rightmove Landlord And Tenant Services Limited

81.5% - Industry AVG

RIGHTMOVE LANDLORD AND TENANT SERVICES LIMITED financials

EXPORTms excel logo

Rightmove Landlord And Tenant Services Limited's latest turnover from December 2023 is £3.9 million and the company has net assets of -£3.6 million. According to their latest financial statements, Rightmove Landlord And Tenant Services Limited has 97 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010
Turnover3,892,0003,268,0003,069,7833,156,6643,951,3353,637,3972,638,9862,004,722466,066380,865275,988192,075104,18313,197
Other Income Or Grants00000000000000
Cost Of Sales261,000273,000213,879431,025548,889467,70929,33664,54957,70577,50868,63642,90224,9192,316
Gross Profit3,631,0002,995,0002,855,9042,725,6393,402,4463,169,6882,609,6501,940,173408,360303,357207,352149,17279,26410,881
Admin Expenses5,421,0004,745,0003,550,9522,636,8373,670,4261,819,6541,349,2421,372,848328,993317,483232,45647,040103,96724,658
Operating Profit-1,790,000-1,750,000-695,04888,802-267,9801,350,0341,260,408567,32579,367-14,126-25,104102,132-24,703-13,777
Interest Payable337,00042,00039,05545,39634,40828,52900000000
Interest Receivable01,000747042,77644,0282,2533966085544622022710
Pre-Tax Profit-2,127,000-1,791,000-733,35643,406-259,6121,365,5331,262,662567,72179,975-13,572-24,642102,334-24,676-13,767
Tax490,000315,000212,625-12,319-22,936-141,164-239,906-113,544-15,99500-24,56000
Profit After Tax-1,637,000-1,476,000-520,73131,087-282,5481,224,3691,022,756454,17763,980-13,572-24,64277,774-24,676-13,767
Dividends Paid00002,717,361000000000
Retained Profit-1,637,000-1,476,000-520,73131,087-2,999,9091,224,3691,022,756454,17763,980-13,572-24,64277,774-24,676-13,767
Employee Costs3,799,0003,498,0002,667,8232,119,9192,114,1351,491,1213,066,1712,387,257199,482148,971141,87596,73247,53843,099
Number Of Employees9795768277665947433211
EBITDA*-1,377,000-1,478,000-605,047156,903-194,4941,370,3861,270,98685,655,83394,000-792-14,572109,149-14,858-13,502

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010
Tangible Assets861,0001,170,000139,62699,778133,2982,371,98058,13730,57022,90217,7069,91724,15937,58125,875
Intangible Assets104,000172,0008290008541,7082,56211,46916,1063,90700
Investments & Other00000000000000
Debtors (Due After 1 year)000002,290,572845,4450000000
Total Fixed Assets965,0001,342,000140,45599,778133,2982,371,980904,43632,27825,46429,17526,02328,06637,58125,875
Stock & work in progress0000000001001001,5001,7413,482
Trade Debtors1,018,000621,000276,868408,015500,700551,496477,242347,278234,586201,845148,672100,07153,2606,110
Group Debtors498,000726,000180,83725,0360000000000
Misc Debtors116,00053,0007,11934,223150,849121,25627,215404,96700004,2509,250
Cash1,832,000521,0001,026,2461,389,611653,348295,983716,387184,977132,083110,927110,79874,0436,8843,918
misc current assets00114,801138,4990000000000
total current assets3,464,0001,921,0001,661,7482,036,7341,304,897968,7351,220,844937,222366,669312,872259,570175,61466,13522,760
total assets4,429,0003,263,0001,802,2032,136,5121,438,1953,340,7152,125,280969,500392,133342,047285,593203,680103,71648,635
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 227,00021,00084,687266,939463,879185,350238,471135,838319,036332,930262,904121,55461,33414,510
Group/Directors Accounts1,641,0002,107,000000000000000
other short term finances00000000000000
hp & lease commitments95,000133,0008,07435,15838,298000000000
other current liabilities652,000476,0001,423,2051,049,1961,058,630359,853315,500306,388000000
total current liabilities2,615,0002,737,0001,515,9661,351,2931,560,807545,203553,971442,226319,036332,930262,904121,55461,33414,510
loans4,916,0001,935,0001,850,3201,824,91086,468000000000
hp & lease commitments284,000398,00008,07443,234000000000
Accruals and Deferred Income00000000000000
other liabilities0000000000034,79573,82540,892
provisions182,000201,00030,690103,95695,46618,3649,3480000000
total long term liabilities5,382,0002,534,000940,505964,43390,9679,1829,348000034,79573,82540,892
total liabilities7,997,0005,271,0002,456,4712,315,7261,651,774554,385563,319442,226319,036332,930262,904156,349135,15955,402
net assets-3,568,000-2,008,000-654,268-179,214-213,5792,786,3301,561,961527,27473,0979,11722,68947,331-31,443-6,767
total shareholders funds-3,568,000-2,008,000-654,268-179,214-213,5792,786,3301,561,961527,27473,0979,11722,68947,331-31,443-6,767
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010
Operating Activities
Operating Profit-1,790,000-1,750,000-695,04888,802-267,9801,350,0341,260,408567,32579,367-14,126-25,104102,132-24,703-13,777
Depreciation345,000221,00090,00168,10173,48620,3529,72485,087,6545,7264,4272,4797,0179,845275
Amortisation68,00051,00000008548548,9078,9078,053000
Tax490,000315,000212,625-12,319-22,936-141,164-239,906-113,544-15,99500-24,56000
Stock00000000-1000-1,400-241-1,7413,482
Debtors232,000935,176-2,450-184,275-2,311,7751,613,422597,657517,65932,74153,17348,60142,56142,15015,360
Creditors206,000-63,687-182,252-196,940278,529-53,121102,633-183,198-13,89470,026141,35060,22046,82414,510
Accruals and Deferred Income176,000-947,205374,009-9,434698,77744,3539,112306,388000000
Deferred Taxes & Provisions-19,000170,310-73,2668,49077,1029,0169,3480000000
Cash flow from operations-756,000-2,938,758-271,481130,9753,148,753-383,952554,51685,147,82031,47016,06179,577102,489-8,443-17,834
Investing Activities
capital expenditure-36,000-1,473,545-130,678-34,5812,165,196-2,333,341-37,291-85,095,322-10,922-16,486-8,4892,498-21,551-26,150
Change in Investments00000000000000
cash flow from investments-36,000-1,473,545-130,678-34,5812,165,196-2,333,341-37,291-85,095,322-10,922-16,486-8,4892,498-21,551-26,150
Financing Activities
Bank loans00000000000000
Group/Directors Accounts-466,0002,107,000000000000000
Other Short Term Loans 00000000000000
Long term loans2,981,00084,68025,4101,738,44286,468000000000
Hire Purchase and Lease Commitments-152,000522,926-35,158-38,30081,532000000000
other long term liabilities0000000000-34,795-39,03032,93340,892
share issue77,000122,26845,6773,2780011,93100001,00007,000
interest-337,000-41,000-38,308-45,3968,36815,4992,2533966085544622022710
cash flow from financing2,103,0002,795,874-2,3791,658,024176,36815,49914,184396608554-34,333-37,82832,96047,902
cash and cash equivalents
cash1,311,000-505,246-363,365736,263357,365-420,404531,41052,89421,15612936,75567,1592,9663,918
overdraft00000000000000
change in cash1,311,000-505,246-363,365736,263357,365-420,404531,41052,89421,15612936,75567,1592,9663,918

rightmove landlord and tenant services 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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Rightmove Landlord And Tenant Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rightmove landlord and tenant services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in MK7 area or any other competitors across 12 key performance metrics.

rightmove landlord and tenant services limited Ownership

RIGHTMOVE LANDLORD AND TENANT SERVICES LIMITED group structure

Rightmove Landlord And Tenant Services Limited has no subsidiary companies.

Ultimate parent company

2 parents

RIGHTMOVE LANDLORD AND TENANT SERVICES LIMITED

07064255

RIGHTMOVE LANDLORD AND TENANT SERVICES LIMITED Shareholders

rightmove group limited 100%

rightmove landlord and tenant services limited directors

Rightmove Landlord And Tenant Services Limited currently has 4 directors. The longest serving directors include Mr Christian Balshen (Oct 2010) and Mr David Cox (Jan 2021).

officercountryagestartendrole
Mr Christian BalshenEngland45 years Oct 2010- Director
Mr David CoxEngland41 years Jan 2021- Director
Mrs Cheryl AddoEngland52 years Feb 2023- Director
Mr James ScottEngland48 years Apr 2023- Director

P&L

December 2023

turnover

3.9m

+19%

operating profit

-1.8m

+2%

gross margin

93.3%

+1.8%

turnover

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

Balance Sheet

December 2023

net assets

-3.6m

+0.78%

total assets

4.4m

+0.36%

cash

1.8m

+2.52%

net assets

Total assets minus all liabilities

rightmove landlord and tenant services limited company details

company number

07064255

Type

Private limited with Share Capital

industry

65120 - Non-life insurance

incorporation date

November 2009

age

15

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

ERNST & YOUNG LLP

address

2 caldecotte lake business park, caldecotte lake drive, milton keynes, MK7 8LE

Bank

-

Legal Advisor

-

rightmove landlord and tenant services 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 2 charges/mortgages relating to rightmove landlord and tenant services limited. Currently there are 0 open charges and 2 have been satisfied in the past.

rightmove landlord and tenant services 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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rightmove landlord and tenant services limited Companies House Filings - See Documents

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