avrise properties limited

avrise properties limited Company Information

Share AVRISE PROPERTIES LIMITED
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EstablishedMidDeclining

Company Number

07286533

Industry

Construction of domestic buildings

 

Directors

David Aviram

Shareholders

avdime ltd

Group Structure

View All

Contact

Registered Address

51 stradbroke drive, chigwell, essex, IG7 5RA

avrise properties limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of AVRISE PROPERTIES LIMITED at £2m based on a Turnover of £5.5m and 0.36x industry multiple (adjusted for size and gross margin).

avrise properties limited Estimated Valuation

£0

Pomanda estimates the enterprise value of AVRISE PROPERTIES LIMITED at £0 based on an EBITDA of £-8.9k and a 2.83x industry multiple (adjusted for size and gross margin).

avrise properties limited Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of AVRISE PROPERTIES LIMITED at £2.9m based on Net Assets of £2.1m and 1.35x industry multiple (adjusted for liquidity).

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Avrise Properties Limited Overview

Avrise Properties Limited is a live company located in essex, IG7 5RA with a Companies House number of 07286533. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in June 2010, it's largest shareholder is avdime ltd with a 100% stake. Avrise Properties Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.5m with declining growth in recent years.

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Avrise Properties Limited Health Check

Pomanda's financial health check has awarded Avrise Properties Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £5.5m, make it larger than the average company (£467.5k)

£5.5m - Avrise Properties Limited

£467.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (8.5%)

-3% - Avrise Properties Limited

8.5% - Industry AVG

production

Production

with a gross margin of 10.2%, this company has a higher cost of product (20.8%)

10.2% - Avrise Properties Limited

20.8% - Industry AVG

profitability

Profitability

an operating margin of -0.2% make it less profitable than the average company (5.6%)

-0.2% - Avrise Properties Limited

5.6% - Industry AVG

employees

Employees

with 10 employees, this is above the industry average (3)

10 - Avrise Properties Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.6k, the company has an equivalent pay structure (£43.6k)

£43.6k - Avrise Properties Limited

£43.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £553.6k, this is more efficient (£205.9k)

£553.6k - Avrise Properties Limited

£205.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 148 days, this is later than average (26 days)

148 days - Avrise Properties Limited

26 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (30 days)

9 days - Avrise Properties Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Avrise Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (15 weeks)

3 weeks - Avrise Properties Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 5.4%, this is a lower level of debt than the average (70.9%)

5.4% - Avrise Properties Limited

70.9% - Industry AVG

AVRISE PROPERTIES LIMITED financials

EXPORTms excel logo

Avrise Properties Limited's latest turnover from July 2023 is estimated at £5.5 million and the company has net assets of £2.1 million. According to their latest financial statements, we estimate that Avrise Properties Limited has 10 employees and maintains cash reserves of £8.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Oct 2010
Turnover5,535,5255,476,0515,134,2375,987,8146,217,2996,618,1203,160,7143,963,2141,801,5892,939,7653,614,3487,346,5613,060,9934,021,314
Other Income Or Grants00000000000000
Cost Of Sales4,970,5284,869,7564,624,7145,347,0885,505,9875,816,0702,733,9953,433,1761,576,3422,580,0523,182,0886,451,7222,679,0003,552,847
Gross Profit564,997606,295509,523640,727711,312802,050426,719530,038225,247359,712432,260894,839381,993468,467
Admin Expenses573,901608,703508,051641,209713,134801,738-1,731,443418,795119,563325,956319,3971,235,271-488,525469,542
Operating Profit-8,904-2,4081,472-482-1,8223122,158,162111,243105,68433,756112,863-340,432870,518-1,075
Interest Payable003053050052,92787,44372,65036,7540000
Interest Receivable437863736386643641403,6803,607000
Pre-Tax Profit-8,467-2,3221,204-751-1,7843782,105,27823,86433,174682116,470-340,432870,518-1,075
Tax00-22900-72-400,003-4,773-6,635-143-26,7880-226,3350
Profit After Tax-8,467-2,322975-751-1,7843061,705,27519,09126,53953989,682-340,432644,183-1,075
Dividends Paid00000000000000
Retained Profit-8,467-2,322975-751-1,7843061,705,27519,09126,53953989,682-340,432644,183-1,075
Employee Costs435,894375,580381,600494,311460,827466,235186,859239,233120,383188,990259,896488,831209,546236,214
Number Of Employees10910131111563571367
EBITDA*-8,904-2,4081,472-482-1,8223122,158,162111,243106,18434,255113,363-340,432870,518-1,075

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Oct 2010
Tangible Assets111111115011,0011,500000
Intangible Assets00000000000000
Investments & Other1011011011011011011011,119,739000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets1021021021021021021021,119,7405011,0011,500000
Stock & work in progress000000001,119,639686,246594,5772,893,8381,653,8651,072,500
Trade Debtors2,245,5652,293,9032,303,4502,244,2462,263,4292,290,0021,088,3841,135,771515,499930,8596,355192,224145,3460
Group Debtors0000001,195,4690000000
Misc Debtors00000000000000
Cash8,7198,7584,93068,9522,6977,39110,16824,44126,74329,1301,442,865000
misc current assets00000000000000
total current assets2,254,2842,302,6612,308,3802,313,1982,266,1262,297,3932,294,0211,160,2121,661,8811,646,2352,043,7973,086,0621,799,2111,072,500
total assets2,254,3862,302,7632,308,4822,313,3002,266,2282,297,4952,294,1232,279,9521,662,3821,647,2362,045,2973,086,0621,799,2111,072,500
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 122,626130,088127,600121,726123,903153,386150,320147,751138,438123,4601,652,9382,783,3851,156,1021,073,574
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities122,626130,088127,600121,726123,903153,386150,320147,751138,438123,4601,652,9382,783,3851,156,1021,073,574
loans00010,0000001,693,6731,104,5071,130,8780000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities032,44838,33340,0000000000000
provisions00000000000000
total long term liabilities032,44838,33350,0000001,693,6731,104,5071,130,8780000
total liabilities122,626162,536165,933171,726123,903153,386150,3201,841,4241,242,9451,254,3381,652,9382,783,3851,156,1021,073,574
net assets2,131,7602,140,2272,142,5492,141,5742,142,3252,144,1092,143,803438,528419,437392,898392,359302,677643,109-1,074
total shareholders funds2,131,7602,140,2272,142,5492,141,5742,142,3252,144,1092,143,803438,528419,437392,898392,359302,677643,109-1,074
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Oct 2010
Operating Activities
Operating Profit-8,904-2,4081,472-482-1,8223122,158,162111,243105,68433,756112,863-340,432870,518-1,075
Depreciation00000000500499500000
Amortisation00000000000000
Tax00-22900-72-400,003-4,773-6,635-143-26,7880-226,3350
Stock0000000-1,119,639433,39391,669-2,299,2611,239,973581,3651,072,500
Debtors-48,338-9,54759,204-19,183-26,5736,1491,148,082620,272-415,360924,504-185,86946,878145,3460
Creditors-7,4622,4885,874-2,177-29,4833,0662,5699,31314,978-1,529,478-1,130,4471,627,28382,5281,073,574
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations31,9729,627-52,08716,524-4,732-2,843612,646615,15096,494-2,511,5391,441,25800-1
Investing Activities
capital expenditure000000050000-2,000000
Change in Investments000000-1,119,6381,119,739000000
cash flow from investments0000001,119,638-1,119,23900-2,000000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00-10,00010,00000-1,693,673589,166-26,3711,130,8780000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities-32,448-5,885-1,66740,0000000000000
share issue00000000000001
interest43786-268-2693866-52,884-87,379-72,510-33,0743,607000
cash flow from financing-32,011-5,799-11,93549,7313866-1,746,557501,787-98,8811,097,8043,607001
cash and cash equivalents
cash-393,828-64,02266,255-4,694-2,777-14,273-2,302-2,387-1,413,7351,442,865000
overdraft00000000000000
change in cash-393,828-64,02266,255-4,694-2,777-14,273-2,302-2,387-1,413,7351,442,865000

avrise 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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Avrise Properties Limited Competitor Analysis

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Perform a competitor analysis for avrise properties limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in IG7 area or any other competitors across 12 key performance metrics.

avrise properties limited Ownership

AVRISE PROPERTIES LIMITED group structure

Avrise Properties Limited has 1 subsidiary company.

Ultimate parent company

1 parent

AVRISE PROPERTIES LIMITED

07286533

1 subsidiary

AVRISE PROPERTIES LIMITED Shareholders

avdime ltd 100%

avrise properties limited directors

Avrise Properties Limited currently has 1 director, Mr David Aviram serving since Jun 2010.

officercountryagestartendrole
Mr David AviramUnited Kingdom71 years Jun 2010- Director

P&L

July 2023

turnover

5.5m

+1%

operating profit

-8.9k

0%

gross margin

10.3%

-7.81%

turnover

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

Balance Sheet

July 2023

net assets

2.1m

0%

total assets

2.3m

-0.02%

cash

8.7k

0%

net assets

Total assets minus all liabilities

avrise properties limited company details

company number

07286533

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

June 2010

age

15

incorporated

UK

ultimate parent company

accounts

Unaudited Abridged

last accounts submitted

July 2023

previous names

N/A

accountant

RAFFINGERS LLP

auditor

-

address

51 stradbroke drive, chigwell, essex, IG7 5RA

Bank

-

Legal Advisor

-

avrise 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 5 charges/mortgages relating to avrise properties limited. Currently there are 1 open charges and 4 have been satisfied in the past.

avrise 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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avrise properties limited Companies House Filings - See Documents

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