easy let housing limited

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easy let housing limited Company Information

Share EASY LET HOUSING LIMITED

Company Number

07465406

Directors

Ian Matthews

Shareholders

ian matthews

Group Structure

View All

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

43 berkeley square, london, W1J 5FJ

easy let housing limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of EASY LET HOUSING LIMITED at £1.7m based on a Turnover of £677.6k and 2.46x industry multiple (adjusted for size and gross margin).

easy let housing limited Estimated Valuation

£393k

Pomanda estimates the enterprise value of EASY LET HOUSING LIMITED at £393k based on an EBITDA of £81.8k and a 4.8x industry multiple (adjusted for size and gross margin).

easy let housing limited Estimated Valuation

£469k

Pomanda estimates the enterprise value of EASY LET HOUSING LIMITED at £469k based on Net Assets of £268.6k and 1.75x industry multiple (adjusted for liquidity).

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Easy Let Housing Limited Overview

Easy Let Housing Limited is a live company located in london, W1J 5FJ with a Companies House number of 07465406. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2010, it's largest shareholder is ian matthews with a 100% stake. Easy Let Housing Limited is a established, small sized company, Pomanda has estimated its turnover at £677.6k with high growth in recent years.

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Easy Let Housing Limited Health Check

Pomanda's financial health check has awarded Easy Let Housing Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £677.6k, make it smaller than the average company (£917k)

£677.6k - Easy Let Housing Limited

£917k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (5.4%)

27% - Easy Let Housing Limited

5.4% - Industry AVG

production

Production

with a gross margin of 31.7%, this company has a higher cost of product (72.8%)

31.7% - Easy Let Housing Limited

72.8% - Industry AVG

profitability

Profitability

an operating margin of 10% make it less profitable than the average company (27.8%)

10% - Easy Let Housing Limited

27.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Easy Let Housing Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)

£33.6k - Easy Let Housing Limited

£33.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £677.6k, this is more efficient (£187k)

£677.6k - Easy Let Housing Limited

£187k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 122 days, this is later than average (32 days)

122 days - Easy Let Housing Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 95 days, this is slower than average (37 days)

95 days - Easy Let Housing Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Easy Let Housing Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (10 weeks)

39 weeks - Easy Let Housing Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 31%, this is a lower level of debt than the average (69.8%)

31% - Easy Let Housing Limited

69.8% - Industry AVG

EASY LET HOUSING LIMITED financials

EXPORTms excel logo

Easy Let Housing Limited's latest turnover from April 2024 is estimated at £677.6 thousand and the company has net assets of £268.6 thousand. According to their latest financial statements, Easy Let Housing Limited has 1 employee and maintains cash reserves of £91.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Turnover677,61992,04194,624333,48944,055334,273307,91577,22543,17216,60123,020
Other Income Or Grants
Cost Of Sales462,57064,45067,504240,64431,066235,419213,02258,33433,32012,79817,700
Gross Profit215,04927,59127,12092,84612,98998,85494,89418,8919,8523,8035,320
Admin Expenses147,31312,022-42,09885,35870,60796,015-125,269-94,552-97,225-5,04513,756-1,3664,929
Operating Profit67,73615,56969,2187,488-57,6182,839220,16394,55297,22523,936-3,9045,169391
Interest Payable2,8681,167
Interest Receivable10,43614,1861,7951271217642455746622671188545
Pre-Tax Profit78,17229,75571,0127,615-57,4973,602220,40792,25896,72024,204-3,7865,254436
Tax-19,543-7,439-13,492-1,447-684-41,877-18,451-19,344-5,083-1,261-113
Profit After Tax58,62922,31657,5206,168-57,4972,918178,53073,80677,37619,121-3,7863,993323
Dividends Paid
Retained Profit58,62922,31657,5206,168-57,4972,918178,53073,80677,37619,121-3,7863,993323
Employee Costs33,60231,00030,16327,17527,91155,33253,18125,68924,50024,20023,802
Number Of Employees11111221111
EBITDA*81,79022,95376,8237,825-57,2803,064220,38894,83497,57824,061-3,7475,365391

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Tangible Assets70,02721,91529,2995649016799041,1291,411501626783
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets70,02721,91529,2995649016799041,1291,411501626783
Stock & work in progress
Trade Debtors227,364117,1827,63098,50498,516
Group Debtors
Misc Debtors
Cash91,948305,610361,957116,656136,495105,83997,802269,644189,17575,55931,36415,86618,011
misc current assets
total current assets319,312305,610361,957233,838144,125204,343196,318269,644189,17575,55931,36415,86618,011
total assets389,339327,525391,256234,402145,026205,022197,222270,773190,58676,06031,99016,64918,011
Bank overdraft
Bank loan
Trade Creditors 120,752117,567125,126104,28019,31023,57318,69156,40831,45912,33217,687
Group/Directors Accounts
other short term finances55,89535,895
hp & lease commitments
other current liabilities78,48844,04457,663
total current liabilities120,752117,567203,614104,28019,31023,57318,69199,93993,55856,40831,45912,33217,687
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities1,762
provisions
total long term liabilities1,762
total liabilities120,752117,567203,614104,28021,07223,57318,69199,93993,55856,40831,45912,33217,687
net assets268,587209,958187,642130,122123,954181,449178,531170,83497,02819,6525314,317324
total shareholders funds268,587209,958187,642130,122123,954181,449178,531170,83497,02819,6525314,317324
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Operating Activities
Operating Profit67,73615,56969,2187,488-57,6182,839220,16394,55297,22523,936-3,9045,169391
Depreciation14,0547,3847,605337338225225282353125157196
Amortisation
Tax-19,543-7,439-13,492-1,447-684-41,877-18,451-19,344-5,083-1,261-113
Stock
Debtors227,364-117,182109,552-90,874-1298,516
Creditors3,185-7,55920,84684,970-4,2634,88218,691-56,40824,94919,127-5,35517,687
Accruals and Deferred Income-78,48878,488-13,61957,663
Deferred Taxes & Provisions
Cash flow from operations-161,932-70,533279,847-18,20429,3317,27498,68662,76479,48943,92715,380-1,25117,965
Investing Activities
capital expenditure-62,166-36,340-560-1,129-1,263-979
Change in Investments
cash flow from investments-62,166-36,340-560-1,129-1,263-979
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans 20,00035,895
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-1,7621,762
share issue211
interest10,43614,1861,795127121764245-2,294-5052671188545
cash flow from financing10,43614,1861,795-1,6351,88576424617,70635,3902671188546
cash and cash equivalents
cash-213,662-56,347245,301-19,83930,6568,03797,80280,469113,61644,19515,498-2,14518,011
overdraft
change in cash-213,662-56,347245,301-19,83930,6568,03797,80280,469113,61644,19515,498-2,14518,011

easy let housing 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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Easy Let Housing Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for easy let housing limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in W1J area or any other competitors across 12 key performance metrics.

easy let housing limited Ownership

EASY LET HOUSING LIMITED group structure

Easy Let Housing Limited has no subsidiary companies.

Ultimate parent company

EASY LET HOUSING LIMITED

07465406

EASY LET HOUSING LIMITED Shareholders

ian matthews 100%

easy let housing limited directors

Easy Let Housing Limited currently has 1 director, Mr Ian Matthews serving since Dec 2010.

officercountryagestartendrole
Mr Ian MatthewsUnited Kingdom49 years Dec 2010- Director

P&L

April 2024

turnover

677.6k

+636%

operating profit

67.7k

0%

gross margin

31.8%

+5.87%

turnover

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

Balance Sheet

April 2024

net assets

268.6k

+0.28%

total assets

389.3k

+0.19%

cash

91.9k

-0.7%

net assets

Total assets minus all liabilities

easy let housing limited company details

company number

07465406

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

December 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

43 berkeley square, london, W1J 5FJ

Bank

-

Legal Advisor

-

easy let housing 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 easy let housing limited.

easy let housing 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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easy let housing limited Companies House Filings - See Documents

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