empire residential lettings limited

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empire residential lettings limited Company Information

Share EMPIRE RESIDENTIAL LETTINGS LIMITED

Company Number

07147242

Shareholders

yiannis neocleous

Group Structure

View All

Industry

Real estate agencies

 

Registered Address

suite 1, 1 old court mews, 311a chase road, london, N14 6JS

empire residential lettings limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of EMPIRE RESIDENTIAL LETTINGS LIMITED at £1m based on a Turnover of £506.4k and 2.05x industry multiple (adjusted for size and gross margin).

empire residential lettings limited Estimated Valuation

£310.5k

Pomanda estimates the enterprise value of EMPIRE RESIDENTIAL LETTINGS LIMITED at £310.5k based on an EBITDA of £47.6k and a 6.53x industry multiple (adjusted for size and gross margin).

empire residential lettings limited Estimated Valuation

£143.4k

Pomanda estimates the enterprise value of EMPIRE RESIDENTIAL LETTINGS LIMITED at £143.4k based on Net Assets of £71.1k and 2.02x industry multiple (adjusted for liquidity).

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Empire Residential Lettings Limited Overview

Empire Residential Lettings Limited is a live company located in london, N14 6JS with a Companies House number of 07147242. It operates in the real estate agencies sector, SIC Code 68310. Founded in February 2010, it's largest shareholder is yiannis neocleous with a 100% stake. Empire Residential Lettings Limited is a established, small sized company, Pomanda has estimated its turnover at £506.4k with high growth in recent years.

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Empire Residential Lettings Limited Health Check

Pomanda's financial health check has awarded Empire Residential Lettings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £506.4k, make it in line with the average company (£563.6k)

£506.4k - Empire Residential Lettings Limited

£563.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (6.5%)

15% - Empire Residential Lettings Limited

6.5% - Industry AVG

production

Production

with a gross margin of 86.8%, this company has a comparable cost of product (86.8%)

86.8% - Empire Residential Lettings Limited

86.8% - Industry AVG

profitability

Profitability

an operating margin of 7.9% make it more profitable than the average company (5.6%)

7.9% - Empire Residential Lettings Limited

5.6% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (13)

7 - Empire Residential Lettings Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)

£39.1k - Empire Residential Lettings Limited

£39.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £72.3k, this is equally as efficient (£81.5k)

£72.3k - Empire Residential Lettings Limited

£81.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Empire Residential Lettings Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 82 days, this is slower than average (38 days)

82 days - Empire Residential Lettings Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Empire Residential Lettings Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (37 weeks)

21 weeks - Empire Residential Lettings Limited

37 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 65.1%, this is a higher level of debt than the average (52.2%)

65.1% - Empire Residential Lettings Limited

52.2% - Industry AVG

EMPIRE RESIDENTIAL LETTINGS LIMITED financials

EXPORTms excel logo

Empire Residential Lettings Limited's latest turnover from February 2024 is estimated at £506.4 thousand and the company has net assets of £71.1 thousand. According to their latest financial statements, Empire Residential Lettings Limited has 7 employees and maintains cash reserves of £55.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011
Turnover506,363385,106189,819330,191351,32516,02619,87614,283283,809302,671318,499272,7017,32276,632
Other Income Or Grants
Cost Of Sales66,64244,27213,18532,76248,2542,2352,1161,31332,56834,56144,47742,5911,10311,684
Gross Profit439,722340,834176,634297,428303,07113,79117,76112,970251,240268,110274,022230,1106,21964,948
Admin Expenses399,584331,150150,128290,681303,47112,99432,22133,494249,179246,278263,617220,0891,26964,968
Operating Profit40,1389,68426,5066,747-400797-14,460-20,5242,06121,83210,40510,0214,950-20
Interest Payable
Interest Receivable2,06283898181101088840533231453613
Pre-Tax Profit42,20010,52226,6046,765-290905-14,372-20,4842,11421,86510,43610,0664,986-7
Tax-10,550-1,999-5,055-1,285-172-423-4,592-2,400-2,416-1,296
Profit After Tax31,6508,52321,5495,480-290733-14,372-20,4841,69117,2738,0367,6503,690-7
Dividends Paid
Retained Profit31,6508,52321,5495,480-290733-14,372-20,4841,69117,2738,0367,6503,690-7
Employee Costs273,987194,977202,220182,321192,67439,94535,01136,800147,559154,646185,513167,28131,09472,831
Number Of Employees75555111445512
EBITDA*47,57714,37430,9469,6171,8591,027-10,864-16,8847,97127,74212,81212,4284,950-20

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011
Tangible Assets3,9448,38312,8237,8585,4004596893,3667,00612,9164,8147,221
Intangible Assets26,75029,750
Investments & Other
Debtors (Due After 1 year)5,3005,3004,300
Total Fixed Assets35,99443,43317,1237,8585,4004596893,3667,00612,9164,8147,221
Stock & work in progress
Trade Debtors7641,7652,1681,43525,17025,61628,40224,4375656,065
Group Debtors111,11948,27838,80928,55614,33315,2787256,5057,4334,898
Misc Debtors1,5421,54220,0004,30014,3004,3004,3004,3004,300
Cash55,31823,24718,66720,52915,60113,71315,02120,36512,0239,0823,8068,6269,3835,201
misc current assets
total current assets167,97973,06778,24053,38544,23435,05622,21432,60541,49334,69832,20833,06317,38116,164
total assets203,973116,50095,36361,24349,63435,51522,90335,97148,49947,61437,02240,28417,38116,164
Bank overdraft
Bank loan
Trade Creditors 14,98110,17810,3849,6727,9984,2676,9017,5214,08910,97017,65128,94913,69616,169
Group/Directors Accounts21,97110,1014,0667,9965,597510
other short term finances
hp & lease commitments
other current liabilities95,89756,74749,96234,17332,11727,03612,01310,5996,075
total current liabilities132,84977,02664,41251,84145,71231,30319,42418,12010,16410,97017,65128,94913,69616,169
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities132,84977,02664,41251,84145,71231,30319,42418,12010,16410,97017,65128,94913,69616,169
net assets71,12439,47430,9519,4023,9224,2123,47917,85138,33536,64419,37111,3353,685-5
total shareholders funds71,12439,47430,9519,4023,9224,2123,47917,85138,33536,64419,37111,3353,685-5
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011
Operating Activities
Operating Profit40,1389,68426,5066,747-400797-14,460-20,5242,06121,83210,40510,0214,950-20
Depreciation4,4394,4404,4402,8702,2592303,5963,6405,9105,9102,4072,407
Amortisation3,000250
Tax-10,550-1,999-5,055-1,285-172-423-4,592-2,400-2,416-1,296
Stock
Debtors62,841-8,75331,0174,2237,29014,150-5,047-17,2303,854-2,7863,96516,439-2,96510,963
Creditors4,803-2067121,6743,731-2,634-6203,432-6,881-6,681-11,29815,253-2,47316,169
Accruals and Deferred Income39,1506,78515,7892,0565,08115,0231,4144,5246,075
Deferred Taxes & Provisions
Cash flow from operations18,13927,70711,3757,8393,381-906-5,0238,3022,88819,255-4,8518,8264,1465,186
Investing Activities
capital expenditure-30,000-9,405-5,328-7,200-919-14,012-9,628
Change in Investments
cash flow from investments-30,000-9,405-5,328-7,200-919-14,012-9,628
Financing Activities
Bank loans
Group/Directors Accounts11,8706,035-3,9302,3995,597-510510
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue2
interest2,06283898181101088840533231453613
cash flow from financing13,9326,873-3,8322,4175,707-40259840533231453615
cash and cash equivalents
cash32,0714,580-1,8624,9281,888-1,308-5,3448,3422,9415,276-4,820-7574,1825,201
overdraft
change in cash32,0714,580-1,8624,9281,888-1,308-5,3448,3422,9415,276-4,820-7574,1825,201

empire residential lettings 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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Empire Residential Lettings Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for empire residential lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in N14 area or any other competitors across 12 key performance metrics.

empire residential lettings limited Ownership

EMPIRE RESIDENTIAL LETTINGS LIMITED group structure

Empire Residential Lettings Limited has no subsidiary companies.

Ultimate parent company

EMPIRE RESIDENTIAL LETTINGS LIMITED

07147242

EMPIRE RESIDENTIAL LETTINGS LIMITED Shareholders

yiannis neocleous 100%

empire residential lettings limited directors

Empire Residential Lettings Limited currently has 1 director, Mr Yiannis Neocleous serving since Oct 2010.

officercountryagestartendrole
Mr Yiannis NeocleousUnited Kingdom44 years Oct 2010- Director

P&L

February 2024

turnover

506.4k

+31%

operating profit

40.1k

0%

gross margin

86.9%

-1.88%

turnover

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

Balance Sheet

February 2024

net assets

71.1k

+0.8%

total assets

204k

+0.75%

cash

55.3k

+1.38%

net assets

Total assets minus all liabilities

empire residential lettings limited company details

company number

07147242

Type

Private limited with Share Capital

industry

68310 - Real estate agencies

incorporation date

February 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

suite 1, 1 old court mews, 311a chase road, london, N14 6JS

Bank

-

Legal Advisor

-

empire residential lettings 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 empire residential lettings limited.

empire residential lettings 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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empire residential lettings limited Companies House Filings - See Documents

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