bestlane estates limited

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bestlane estates limited Company Information

Share BESTLANE ESTATES LIMITED

Company Number

07477057

Shareholders

naftali gluck

robert thomas tauber

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Group Structure

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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

unit 2a berol house, 25 ashley road, london, N17 9LJ

bestlane estates limited Estimated Valuation

£4.1m

Pomanda estimates the enterprise value of BESTLANE ESTATES LIMITED at £4.1m based on a Turnover of £1.8m and 2.32x industry multiple (adjusted for size and gross margin).

bestlane estates limited Estimated Valuation

£440.6k

Pomanda estimates the enterprise value of BESTLANE ESTATES LIMITED at £440.6k based on an EBITDA of £97.4k and a 4.52x industry multiple (adjusted for size and gross margin).

bestlane estates limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of BESTLANE ESTATES LIMITED at £1.4m based on Net Assets of £851.7k and 1.68x industry multiple (adjusted for liquidity).

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Bestlane Estates Limited Overview

Bestlane Estates Limited is a live company located in london, N17 9LJ with a Companies House number of 07477057. 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 naftali gluck with a 50% stake. Bestlane Estates Limited is a established, small sized company, Pomanda has estimated its turnover at £1.8m with high growth in recent years.

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Bestlane Estates Limited Health Check

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

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £1.8m, make it larger than the average company (£1.1m)

£1.8m - Bestlane Estates Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (3.7%)

28% - Bestlane Estates Limited

3.7% - Industry AVG

production

Production

with a gross margin of 27.2%, this company has a higher cost of product (71%)

27.2% - Bestlane Estates Limited

71% - Industry AVG

profitability

Profitability

an operating margin of 5.6% make it less profitable than the average company (21.5%)

5.6% - Bestlane Estates Limited

21.5% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - Bestlane Estates Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.2k, the company has an equivalent pay structure (£33.2k)

£33.2k - Bestlane Estates Limited

£33.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £437.5k, this is more efficient (£202.7k)

£437.5k - Bestlane Estates Limited

£202.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 98 days, this is later than average (33 days)

98 days - Bestlane Estates Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 50 days, this is slower than average (34 days)

50 days - Bestlane Estates Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Bestlane Estates Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Bestlane Estates Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 70.8%, this is a similar level of debt than the average (71.6%)

70.8% - Bestlane Estates Limited

71.6% - Industry AVG

BESTLANE ESTATES LIMITED financials

EXPORTms excel logo

Bestlane Estates Limited's latest turnover from December 2023 is estimated at £1.8 million and the company has net assets of £851.7 thousand. According to their latest financial statements, we estimate that Bestlane Estates Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Turnover1,750,180488,339624,134838,295326,488253,225270,69781,80995,179446,876404,189342,3331,272,195
Other Income Or Grants
Cost Of Sales1,274,284366,895473,128633,769246,296189,146196,60158,12869,822337,560311,693263,918978,579
Gross Profit475,896121,444151,006204,52780,19264,07874,09623,68125,357109,31592,49678,415293,616
Admin Expenses378,46413,834-18,336-51,84238,5547,027-24,624-131,281-86,697-29,26122,756126,426290,763
Operating Profit97,432107,610169,342256,36941,63857,05198,720154,962112,054138,57669,740-48,0112,853
Interest Payable45,11888,33246,747
Interest Receivable475312198607350
Pre-Tax Profit97,432107,610169,342256,36941,63857,05153,64966,68365,428138,67569,800-47,9382,903
Tax-24,358-20,446-32,175-48,710-7,911-10,840-10,193-13,336-13,085-29,122-16,054-755
Profit After Tax73,07487,164137,167207,65933,72746,21143,45653,34652,342109,55353,746-47,9382,148
Dividends Paid
Retained Profit73,07487,164137,167207,65933,72746,21143,45653,34652,342109,55353,746-47,9382,148
Employee Costs132,66162,97560,37785,35629,28428,12126,84826,67626,67451,37849,00024,19495,617
Number Of Employees4223111112214
EBITDA*97,432107,610169,342256,36941,63857,05198,720156,453113,545140,06771,231-47,0782,853

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Tangible Assets2,446,0052,446,0052,446,5662,448,0571,691,9871,693,4781,694,9691,696,4601,697,9511,699,4421,700,9331,076,542975,469
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,446,0052,446,0052,446,5662,448,0571,691,9871,693,4781,694,9691,696,4601,697,9511,699,4421,700,9331,076,542975,469
Stock & work in progress
Trade Debtors471,38177,523112,747138,97353,27356,36847,19518,65322,19533,01023,2319,558
Group Debtors
Misc Debtors15,008
Cash18,70423,54224,74314,6339,35719,977
misc current assets1,9703,282
total current assets471,38177,523112,747138,97368,28158,33850,47737,35745,73757,75337,86418,91519,977
total assets2,917,3862,523,5282,559,3132,587,0301,760,2681,751,8161,745,4461,733,8171,743,6881,757,1951,738,7971,095,457995,446
Bank overdraft123,000123,000
Bank loan
Trade Creditors 177,723648,441749,505844,465229,509259,112256,7734,6754,676762,710771,552784,773993,296
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities117,706130,776
total current liabilities177,723648,441749,505844,465229,509259,112256,773245,381258,452762,710771,552784,773993,296
loans1,265,2371,315,383
hp & lease commitments
Accruals and Deferred Income
other liabilities1,888,0081,096,5061,118,3911,188,3151,184,1681,179,8401,222,020876,974959,287356,472
provisions
total long term liabilities1,888,0081,096,5061,118,3911,188,3151,184,1681,179,8401,222,0201,265,2371,315,383876,974959,287356,472
total liabilities2,065,7311,744,9471,867,8962,032,7801,413,6771,438,9521,478,7931,510,6181,573,8351,639,6841,730,8391,141,245993,296
net assets851,655778,581691,417554,250346,591312,864266,653223,199169,853117,5117,958-45,7882,150
total shareholders funds851,655778,581691,417554,250346,591312,864266,653223,199169,853117,5117,958-45,7882,150
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Operating Activities
Operating Profit97,432107,610169,342256,36941,63857,05198,720154,962112,054138,57669,740-48,0112,853
Depreciation1,4911,4911,4911,491933
Amortisation
Tax-24,358-20,446-32,175-48,710-7,911-10,840-10,193-13,336-13,085-29,122-16,054-755
Stock
Debtors393,858-35,224-26,22670,69211,9139,17328,542-3,542-10,8159,77913,6739,558
Creditors-470,718-101,064-94,960614,956-29,6032,339252,098-1-758,034-8,842-13,221-208,523993,296
Accruals and Deferred Income-117,706-13,070130,776
Deferred Taxes & Provisions
Cash flow from operations-791,50221,32468,433751,923-7,78939,377194,377133,588-515,98392,32428,283-265,159995,394
Investing Activities
capital expenditure5611,491-756,0701,4911,4911,491-625,882-102,006-975,469
Change in Investments
cash flow from investments5611,491-756,0701,4911,4911,491-625,882-102,006-975,469
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-1,265,237-50,1461,315,383
Hire Purchase and Lease Commitments
other long term liabilities791,502-21,885-69,9244,1474,328-42,1801,222,020-876,974-82,313602,815356,472
share issue-22
interest-45,071-88,279-46,62698607350
cash flow from financing791,502-21,885-69,9244,1474,328-42,180-88,290-138,425391,783-82,215602,875356,54552
cash and cash equivalents
cash-18,704-4,838-1,20110,1105,276-10,62019,977
overdraft-123,000123,000
change in cash104,296-4,838-124,20110,1105,276-10,62019,977

bestlane estates 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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Bestlane Estates Limited Competitor Analysis

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Perform a competitor analysis for bestlane estates limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in N17 area or any other competitors across 12 key performance metrics.

bestlane estates limited Ownership

BESTLANE ESTATES LIMITED group structure

Bestlane Estates Limited has no subsidiary companies.

Ultimate parent company

BESTLANE ESTATES LIMITED

07477057

BESTLANE ESTATES LIMITED Shareholders

naftali gluck 50%
robert thomas tauber 25%
miriam tauber 12.94%
sarah tauber 12.06%

bestlane estates limited directors

Bestlane Estates Limited currently has 2 directors. The longest serving directors include Mr Robert Tauber (Dec 2010) and Mr Naftali Gluck (Sep 2011).

officercountryagestartendrole
Mr Robert TauberEngland84 years Dec 2010- Director
Mr Naftali GluckEngland41 years Sep 2011- Director

P&L

December 2023

turnover

1.8m

+258%

operating profit

97.4k

0%

gross margin

27.2%

+9.34%

turnover

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

Balance Sheet

December 2023

net assets

851.7k

+0.09%

total assets

2.9m

+0.16%

cash

0

0%

net assets

Total assets minus all liabilities

bestlane estates limited company details

company number

07477057

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

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

unit 2a berol house, 25 ashley road, london, N17 9LJ

Bank

-

Legal Advisor

-

bestlane estates 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 6 charges/mortgages relating to bestlane estates limited. Currently there are 6 open charges and 0 have been satisfied in the past.

bestlane estates 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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bestlane estates limited Companies House Filings - See Documents

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