city central homes ltd

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city central homes ltd Company Information

Share CITY CENTRAL HOMES LTD

Company Number

07788603

Shareholders

joshua grunhut

Group Structure

View All

Industry

Management of real estate on a fee or contract basis

 

Registered Address

188 lordship road, london, N16 5ES

city central homes ltd Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of CITY CENTRAL HOMES LTD at £1.1m based on a Turnover of £400.1k and 2.81x industry multiple (adjusted for size and gross margin).

city central homes ltd Estimated Valuation

£104.3k

Pomanda estimates the enterprise value of CITY CENTRAL HOMES LTD at £104.3k based on an EBITDA of £12.7k and a 8.19x industry multiple (adjusted for size and gross margin).

city central homes ltd Estimated Valuation

£18.1k

Pomanda estimates the enterprise value of CITY CENTRAL HOMES LTD at £18.1k based on Net Assets of £10.1k and 1.8x industry multiple (adjusted for liquidity).

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City Central Homes Ltd Overview

City Central Homes Ltd is a live company located in london, N16 5ES with a Companies House number of 07788603. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in September 2011, it's largest shareholder is joshua grunhut with a 100% stake. City Central Homes Ltd is a established, micro sized company, Pomanda has estimated its turnover at £400.1k with healthy growth in recent years.

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City Central Homes Ltd Health Check

Pomanda's financial health check has awarded City Central Homes Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £400.1k, make it larger than the average company (£316.6k)

£400.1k - City Central Homes Ltd

£316.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (3.5%)

6% - City Central Homes Ltd

3.5% - Industry AVG

production

Production

with a gross margin of 70.7%, this company has a comparable cost of product (70.7%)

70.7% - City Central Homes Ltd

70.7% - Industry AVG

profitability

Profitability

an operating margin of 3.2% make it less profitable than the average company (7.5%)

3.2% - City Central Homes Ltd

7.5% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (6)

4 - City Central Homes Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)

£41.2k - City Central Homes Ltd

£41.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £100k, this is equally as efficient (£100k)

£100k - City Central Homes Ltd

£100k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - City Central Homes Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - City Central Homes Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - City Central Homes Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 24 weeks, this is less cash available to meet short term requirements (50 weeks)

24 weeks - City Central Homes Ltd

50 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 86.2%, this is a higher level of debt than the average (53.6%)

86.2% - City Central Homes Ltd

53.6% - Industry AVG

CITY CENTRAL HOMES LTD financials

EXPORTms excel logo

City Central Homes Ltd's latest turnover from September 2023 is estimated at £400.1 thousand and the company has net assets of £10.1 thousand. According to their latest financial statements, City Central Homes Ltd has 4 employees and maintains cash reserves of £10.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012
Turnover400,056350,101408,218337,820365,306358,444267,350344,40014,089
Other Income Or Grants
Cost Of Sales117,41690,384103,84566,28963,12171,66246,920137,3318,082
Gross Profit282,640259,718304,372271,531302,185286,782220,431207,0696,007
Admin Expenses269,898257,646299,007266,964301,200285,510224,435205,882-1,7394,939
Operating Profit12,7422,0725,3654,5679851,272-4,0041,1871,7391,068
Interest Payable4,8793,9653,0501,5252624443
Interest Receivable57025332272146138
Pre-Tax Profit8,433-1,6412,3473,0699861,247-4,0241,1941,7511,076
Tax-2,108-446-583-187-237-239-350-226
Profit After Tax6,325-1,6411,9012,4867991,010-4,0249551,401850
Dividends Paid
Retained Profit6,325-1,6411,9012,4867991,010-4,0249551,401850
Employee Costs164,977154,221181,322139,085135,225127,69092,232101,19734,245
Number Of Employees445444331
EBITDA*12,7422,0725,3654,5679851,272-4,0041,1871,7391,068

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012
Tangible Assets
Intangible Assets
Investments & Other2,5501
Debtors (Due After 1 year)
Total Fixed Assets2,5501
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors59,89359,89350,9543,4793,4783,478306479479
Cash10,34511,38411,06153,0612832173,3181,7743,261
misc current assets854
total current assets70,23871,27762,01556,5403,7613,6953063,7973,1073,261
total assets72,78871,27762,01556,5403,7613,6953063,7973,1073,262
Bank overdraft50,000773
Bank loan
Trade Creditors 2,411
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities22,12321,4086,6363,0622,7693,502350590855
total current liabilities22,12321,4086,63653,0622,7693,5021,1235908552,411
loans40,60246,13150,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities40,60246,13150,000
total liabilities62,72567,53956,63653,0622,7693,5021,1235908552,411
net assets10,0633,7385,3793,478992193-8173,2072,252851
total shareholders funds10,0633,7385,3793,478992193-8173,2072,252851
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012
Operating Activities
Operating Profit12,7422,0725,3654,5679851,272-4,0041,1871,7391,068
Depreciation
Amortisation
Tax-2,108-446-583-187-237-239-350-226
Stock
Debtors8,93947,47513,172-173479
Creditors-2,4112,411
Accruals and Deferred Income71514,7723,574293-7333,152-240-265855
Deferred Taxes & Provisions
Cash flow from operations11,3497,905-38,9824,276651,015-4,071683-6463,253
Investing Activities
capital expenditure
Change in Investments2,550-11
cash flow from investments-2,5501-1
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-5,529-3,86950,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue1
interest-4,309-3,712-3,018-1,4982-25-206-4308
cash flow from financing-9,838-7,58146,982-1,4982-25-206-4309
cash and cash equivalents
cash-1,039323-42,00052,77866217-3,3181,544-1,4873,261
overdraft-50,00050,000-773773
change in cash-1,0393238,0002,77866990-4,0911,544-1,4873,261

city central homes ltd 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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City Central Homes Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for city central homes ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N16 area or any other competitors across 12 key performance metrics.

city central homes ltd Ownership

CITY CENTRAL HOMES LTD group structure

City Central Homes Ltd has no subsidiary companies.

Ultimate parent company

CITY CENTRAL HOMES LTD

07788603

CITY CENTRAL HOMES LTD Shareholders

joshua grunhut 100%

city central homes ltd directors

City Central Homes Ltd currently has 3 directors. The longest serving directors include Mr Joshua Grunhut (Nov 2012) and Mr David Spitzer (Jun 2017).

officercountryagestartendrole
Mr Joshua GrunhutEngland47 years Nov 2012- Director
Mr David SpitzerEngland44 years Jun 2017- Director
Mr Cheskel LandauEngland62 years Sep 2024- Director

P&L

September 2023

turnover

400.1k

+14%

operating profit

12.7k

0%

gross margin

70.7%

-4.76%

turnover

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

Balance Sheet

September 2023

net assets

10.1k

+1.69%

total assets

72.8k

+0.02%

cash

10.3k

-0.09%

net assets

Total assets minus all liabilities

city central homes ltd company details

company number

07788603

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

September 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

property maximiser limited (December 2011)

accountant

-

auditor

-

address

188 lordship road, london, N16 5ES

Bank

-

Legal Advisor

-

city central homes 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 city central homes ltd.

city central homes ltd 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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city central homes ltd Companies House Filings - See Documents

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