carter rich properties limited

carter rich properties limited Company Information

Share CARTER RICH PROPERTIES LIMITED
Live 
EstablishedMicroRapid

Company Number

07485749

Industry

Renting and operating of Housing Association real estate

 

Shareholders

chloe richman

sara richman

Group Structure

View All

Contact

Registered Address

new burlington house, 1075 finchley road, london, NW11 0PU

Website

-

carter rich properties limited Estimated Valuation

£383.9k

Pomanda estimates the enterprise value of CARTER RICH PROPERTIES LIMITED at £383.9k based on a Turnover of £136.5k and 2.81x industry multiple (adjusted for size and gross margin).

carter rich properties limited Estimated Valuation

£3.9k

Pomanda estimates the enterprise value of CARTER RICH PROPERTIES LIMITED at £3.9k based on an EBITDA of £760 and a 5.17x industry multiple (adjusted for size and gross margin).

carter rich properties limited Estimated Valuation

£23.1k

Pomanda estimates the enterprise value of CARTER RICH PROPERTIES LIMITED at £23.1k based on Net Assets of £12.9k and 1.79x industry multiple (adjusted for liquidity).

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Carter Rich Properties Limited Overview

Carter Rich Properties Limited is a live company located in london, NW11 0PU with a Companies House number of 07485749. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in January 2011, it's largest shareholder is chloe richman with a 50% stake. Carter Rich Properties Limited is a established, micro sized company, Pomanda has estimated its turnover at £136.5k with rapid growth in recent years.

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Carter Rich Properties Limited Health Check

Pomanda's financial health check has awarded Carter Rich Properties Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £136.5k, make it smaller than the average company (£1.5m)

£136.5k - Carter Rich Properties Limited

£1.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 60%, show it is growing at a faster rate (3.6%)

60% - Carter Rich Properties Limited

3.6% - Industry AVG

production

Production

with a gross margin of 18.6%, this company has a higher cost of product (55.8%)

18.6% - Carter Rich Properties Limited

55.8% - Industry AVG

profitability

Profitability

an operating margin of 0.6% make it less profitable than the average company (15.1%)

0.6% - Carter Rich Properties Limited

15.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (8)

1 - Carter Rich Properties Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.1k, the company has an equivalent pay structure (£35.1k)

£35.1k - Carter Rich Properties Limited

£35.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £136.5k, this is equally as efficient (£155.3k)

£136.5k - Carter Rich Properties Limited

£155.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 51 days, this is later than average (15 days)

51 days - Carter Rich Properties Limited

15 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 21 days, this is quicker than average (25 days)

21 days - Carter Rich Properties Limited

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Carter Rich Properties Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Carter Rich Properties Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 90.9%, this is a higher level of debt than the average (62.5%)

90.9% - Carter Rich Properties Limited

62.5% - Industry AVG

CARTER RICH PROPERTIES LIMITED financials

EXPORTms excel logo

Carter Rich Properties Limited's latest turnover from January 2024 is estimated at £136.5 thousand and the company has net assets of £12.9 thousand. According to their latest financial statements, we estimate that Carter Rich Properties Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Turnover136,49093,89266,50233,35527,76627,60420,79419,9711,7982,3312,3723,7182,477
Other Income Or Grants0000000000000
Cost Of Sales111,04680,68048,53823,89520,41721,40614,67313,7791,3751,8221,7492,8361,603
Gross Profit25,44413,21217,9649,4607,3496,1986,1216,192423509623882873
Admin Expenses24,6849,05813,8367,8915,6936,02919612,00323,945-13,645-6,865-6,350-5,167
Operating Profit7604,1544,1281,5691,6561695,925-5,811-23,52214,1547,4887,2326,040
Interest Payable0000000000000
Interest Receivable000000033205184734214
Pre-Tax Profit7604,1544,1281,5691,6561695,925-5,778-23,31714,3387,5617,2746,054
Tax-190-789-784-298-315-32-1,12600-3,011-1,739-1,746-1,574
Profit After Tax5703,3653,3441,2711,3411374,799-5,778-23,31711,3275,8225,5284,480
Dividends Paid0000000000000
Retained Profit5703,3653,3441,2711,3411374,799-5,778-23,31711,3275,8225,5284,480
Employee Costs35,07934,63534,13532,07930,09130,24826,65526,69526,71328,00026,76226,90823,627
Number Of Employees1111111111111
EBITDA*7604,1544,1281,5691,6561695,925-5,811-23,52214,1547,4887,2326,040

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Tangible Assets121,975121,975121,975121,975121,975121,975121,975105,23186,50883,388109,210109,210109,210
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets121,975121,975121,975121,975121,975121,975121,975105,23186,50883,388109,210109,210109,210
Stock & work in progress0000000000000
Trade Debtors19,18015,47011,6895,3904,1293,8733,7742,569269256263696433
Group Debtors0000000000000
Misc Debtors00025626300000000
Cash0000000026,76655,35718,16310,9595,776
misc current assets0000027525026300000
total current assets19,18015,47011,6895,6464,3924,1484,0242,83227,03555,61318,42611,6556,209
total assets141,155137,445133,664127,621126,367126,123125,999108,063113,543139,001127,636120,865115,419
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 6,463788784298315321,13701,2213,3623,3242,3752,457
Group/Directors Accounts0000000000000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities0000000000000
total current liabilities6,463788784298315321,13701,2213,3623,3242,3752,457
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income1,3233,8583,4461,2331,2332,6131,5211,52100000
other liabilities120,480120,480120,480120,480120,480120,480120,480108,480108,480108,480108,480108,480108,480
provisions0000000000000
total long term liabilities121,803124,338123,926121,713121,713123,093122,001110,001108,480108,480108,480108,480108,480
total liabilities128,266125,126124,710122,011122,028123,125123,138110,001109,701111,842111,804110,855110,937
net assets12,88912,3198,9545,6104,3392,9982,861-1,9383,84227,15915,83210,0104,482
total shareholders funds12,88912,3198,9545,6104,3392,9982,861-1,9383,84227,15915,83210,0104,482
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Operating Activities
Operating Profit7604,1544,1281,5691,6561695,925-5,811-23,52214,1547,4887,2326,040
Depreciation0000000000000
Amortisation0000000000000
Tax-190-789-784-298-315-32-1,12600-3,011-1,739-1,746-1,574
Stock0000000000000
Debtors3,7103,7816,0431,254519991,2052,30013-7-433263433
Creditors5,6754486-17283-1,1051,137-1,221-2,14138949-822,457
Accruals and Deferred Income-2,5354122,2130-1,3801,09201,52100000
Deferred Taxes & Provisions0000000000000
Cash flow from operations0000-275254,731-7,811-25,67611,1887,1315,1416,490
Investing Activities
capital expenditure000000-16,744-18,723-3,12025,82200-109,210
Change in Investments0000000000000
cash flow from investments000000-16,744-18,723-3,12025,82200-109,210
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000000000000
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities00000012,00000000108,480
share issue0000000-200002
interest000000033205184734214
cash flow from financing00000012,000312051847342108,496
cash and cash equivalents
cash0000000-26,766-28,59137,1947,2045,1835,776
overdraft0000000000000
change in cash0000000-26,766-28,59137,1947,2045,1835,776

carter rich 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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Carter Rich Properties Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for carter rich properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NW11 area or any other competitors across 12 key performance metrics.

carter rich properties limited Ownership

CARTER RICH PROPERTIES LIMITED group structure

Carter Rich Properties Limited has no subsidiary companies.

Ultimate parent company

CARTER RICH PROPERTIES LIMITED

07485749

CARTER RICH PROPERTIES LIMITED Shareholders

chloe richman 50%
sara richman 50%

carter rich properties limited directors

Carter Rich Properties Limited currently has 2 directors. The longest serving directors include Mr Solomon Mozes (Jan 2011) and Mr Philip Klein (Jan 2011).

officercountryagestartendrole
Mr Solomon MozesUnited Kingdom43 years Jan 2011- Director
Mr Philip KleinUnited Kingdom43 years Jan 2011- Director

P&L

January 2024

turnover

136.5k

+45%

operating profit

760

0%

gross margin

18.7%

+32.48%

turnover

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

Balance Sheet

January 2024

net assets

12.9k

+0.05%

total assets

141.2k

+0.03%

cash

0

0%

net assets

Total assets minus all liabilities

carter rich properties limited company details

company number

07485749

Type

Private limited with Share Capital

industry

68201 - Renting and operating of Housing Association real estate

incorporation date

January 2011

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

new burlington house, 1075 finchley road, london, NW11 0PU

Bank

-

Legal Advisor

-

carter rich 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 did not find charges/mortgages relating to carter rich properties limited.

carter rich 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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carter rich properties limited Companies House Filings - See Documents

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