gates property lettings ltd
gates property lettings ltd Company Information
Company Number
07375586
Website
-Registered Address
fairclough house, 105 redbrook road,gawber, barnsley, S75 2RG
Industry
Management of real estate on a fee or contract basis
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Directors
Ryan Gates13 Years
Shareholders
stacey gates 33.3%
jenna elizabeth gates 33.3%
View Allgates property lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of GATES PROPERTY LETTINGS LTD at £204.1k based on a Turnover of £146.1k and 1.4x industry multiple (adjusted for size and gross margin).
gates property lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of GATES PROPERTY LETTINGS LTD at £590.8k based on an EBITDA of £114.5k and a 5.16x industry multiple (adjusted for size and gross margin).
gates property lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of GATES PROPERTY LETTINGS LTD at £1.9m based on Net Assets of £1m and 1.85x industry multiple (adjusted for liquidity).
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Gates Property Lettings Ltd Overview
Gates Property Lettings Ltd is a live company located in barnsley, S75 2RG with a Companies House number of 07375586. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in September 2010, it's largest shareholder is stacey gates with a 33.3% stake. Gates Property Lettings Ltd is a established, micro sized company, Pomanda has estimated its turnover at £146.1k with declining growth in recent years.
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Gates Property Lettings Ltd Health Check
Pomanda's financial health check has awarded Gates Property Lettings Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £146.1k, make it smaller than the average company (£930.7k)
- Gates Property Lettings Ltd
£930.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (2.1%)
- Gates Property Lettings Ltd
2.1% - Industry AVG
Production
with a gross margin of 44.5%, this company has a comparable cost of product (44.5%)
- Gates Property Lettings Ltd
44.5% - Industry AVG
Profitability
an operating margin of 78.4% make it more profitable than the average company (9.6%)
- Gates Property Lettings Ltd
9.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
1 - Gates Property Lettings Ltd
9 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Gates Property Lettings Ltd
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £146.1k, this is more efficient (£93.1k)
- Gates Property Lettings Ltd
£93.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Gates Property Lettings Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Gates Property Lettings Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 390 days, this is more than average (15 days)
- Gates Property Lettings Ltd
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (23 weeks)
30 weeks - Gates Property Lettings Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.1%, this is a lower level of debt than the average (81.6%)
4.1% - Gates Property Lettings Ltd
81.6% - Industry AVG
GATES PROPERTY LETTINGS LTD financials
Gates Property Lettings Ltd's latest turnover from September 2022 is estimated at £146.1 thousand and the company has net assets of £1 million. According to their latest financial statements, Gates Property Lettings Ltd has 1 employee and maintains cash reserves of £23.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 335,187 | 336,748 | 343,774 | 30,805 | 30,905 | 20,870 | 8,943 | 17,221 | 19,957 | 12,856 | 7,385 | 11,389 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 335,187 | 336,748 | 343,774 | 30,805 | 30,905 | 20,870 | 8,943 | 17,221 | 19,957 | 12,856 | 7,385 | 11,389 |
| Stock & work in progress | 86,659 | 279,692 | 235,523 | 960,341 | 471,260 | 242,322 | 143,761 | 51,147 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 257 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 600,012 | 300,012 | 39,533 | 5,142 | 3,532 | 1,402 | 900 | 452 | 0 | 0 | 0 | 0 |
| Cash | 23,822 | 21,248 | 343,540 | 78,100 | 106,657 | 156,844 | 99,692 | 61,153 | 68,050 | 37,854 | 23,724 | 10,294 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 710,493 | 600,952 | 618,596 | 1,043,583 | 581,449 | 400,568 | 244,353 | 112,752 | 68,307 | 37,854 | 23,724 | 10,294 |
| total assets | 1,045,680 | 937,700 | 962,370 | 1,074,388 | 612,354 | 421,438 | 253,296 | 129,973 | 88,264 | 50,710 | 31,109 | 21,683 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 11,500 | 0 | 0 | 0 | 0 | 31,259 | 21,433 | 25,624 | 17,927 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 40,072 | 24,973 | 70,127 | 397,840 | 157,380 | 123,583 | 105,925 | 43,412 | 0 | 0 | 0 | 0 |
| total current liabilities | 40,072 | 24,973 | 70,127 | 409,340 | 157,380 | 123,583 | 105,925 | 43,412 | 31,259 | 21,433 | 25,624 | 17,927 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,669 | 2,966 | 4,301 | 5,076 | 4,924 | 2,810 | 1,699 | 3,326 | 3,991 | 2,571 | 1,772 | 2,278 |
| total long term liabilities | 2,669 | 2,966 | 4,301 | 5,076 | 4,924 | 2,810 | 1,699 | 3,326 | 3,991 | 2,571 | 1,772 | 2,278 |
| total liabilities | 42,741 | 27,939 | 74,428 | 414,416 | 162,304 | 126,393 | 107,624 | 46,738 | 35,250 | 24,004 | 27,396 | 20,205 |
| net assets | 1,002,939 | 909,761 | 887,942 | 659,972 | 450,050 | 295,045 | 145,672 | 83,235 | 53,014 | 26,706 | 3,713 | 1,478 |
| total shareholders funds | 1,002,939 | 909,761 | 887,942 | 659,972 | 450,050 | 295,045 | 145,672 | 83,235 | 53,014 | 26,706 | 3,713 | 1,478 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 2,257 | 4,001 | 6,655 | 6,587 | 2,833 | 3,969 | 3,325 | 6,430 | 3,999 | 3,040 | 3,449 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||
| Stock | -193,033 | 44,169 | -724,818 | 489,081 | 228,938 | 98,561 | 92,614 | 51,147 | 0 | 0 | 0 | 0 |
| Debtors | 300,000 | 260,479 | 34,391 | 1,610 | 2,130 | 502 | 448 | 195 | 257 | 0 | 0 | 0 |
| Creditors | 0 | 0 | -11,500 | 11,500 | 0 | 0 | 0 | -31,259 | 9,826 | -4,191 | 7,697 | 17,927 |
| Accruals and Deferred Income | 15,099 | -45,154 | -327,713 | 240,460 | 33,797 | 17,658 | 62,513 | 43,412 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -297 | -1,335 | -775 | 152 | 2,114 | 1,111 | -1,627 | -665 | 1,420 | 799 | -506 | 2,278 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 2,574 | -322,292 | 265,440 | -28,557 | -50,187 | 57,152 | 38,539 | -6,897 | 30,196 | 14,130 | 13,430 | 10,294 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,574 | -322,292 | 265,440 | -28,557 | -50,187 | 57,152 | 38,539 | -6,897 | 30,196 | 14,130 | 13,430 | 10,294 |
gates property lettings ltd Credit Report and Business Information
Gates Property Lettings Ltd Competitor Analysis
Perform a competitor analysis for gates property lettings ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gates property lettings ltd Ownership
GATES PROPERTY LETTINGS LTD group structure
Gates Property Lettings Ltd has no subsidiary companies.
Ultimate parent company
GATES PROPERTY LETTINGS LTD
07375586
gates property lettings ltd directors
Gates Property Lettings Ltd currently has 1 director, Mr Ryan Gates serving since Sep 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ryan Gates | United Kingdom | 41 years | Sep 2010 | - | Director |
P&L
September 2022turnover
146.1k
-51%
operating profit
114.5k
0%
gross margin
44.6%
-3.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
1m
+0.1%
total assets
1m
+0.12%
cash
23.8k
+0.12%
net assets
Total assets minus all liabilities
Similar Companies
gates property lettings ltd company details
company number
07375586
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
September 2010
age
14
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
fairclough house, 105 redbrook road,gawber, barnsley, S75 2RG
last accounts submitted
September 2022
gates property lettings 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 gates property lettings ltd.
gates property lettings ltd Companies House Filings - See Documents
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