cirrus lettings limited
cirrus lettings limited Company Information
Company Number
07875224
Website
shettonbarns.comRegistered Address
the rookery lodge, llangammarch wells, powys, LD4 4BS
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
David Palmer12 Years
Shareholders
cirrus homes ltd 100%
cirrus lettings limited Estimated Valuation
Pomanda estimates the enterprise value of CIRRUS LETTINGS LIMITED at £530.8k based on a Turnover of £243.5k and 2.18x industry multiple (adjusted for size and gross margin).
cirrus lettings limited Estimated Valuation
Pomanda estimates the enterprise value of CIRRUS LETTINGS LIMITED at £0 based on an EBITDA of £-4.4k and a 4.98x industry multiple (adjusted for size and gross margin).
cirrus lettings limited Estimated Valuation
Pomanda estimates the enterprise value of CIRRUS LETTINGS LIMITED at £0 based on Net Assets of £-5.5k and 1.62x industry multiple (adjusted for liquidity).
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Cirrus Lettings Limited Overview
Cirrus Lettings Limited is a dissolved company that was located in powys, LD4 4BS with a Companies House number of 07875224. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2011, it's largest shareholder was cirrus homes ltd with a 100% stake. The last turnover for Cirrus Lettings Limited was estimated at £243.5k.
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Cirrus Lettings Limited Health Check
Pomanda's financial health check has awarded Cirrus Lettings Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £243.5k, make it smaller than the average company (£662k)
- Cirrus Lettings Limited
£662k - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (1.7%)
- Cirrus Lettings Limited
1.7% - Industry AVG
Production
with a gross margin of 28.6%, this company has a higher cost of product (72.9%)
- Cirrus Lettings Limited
72.9% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (38.2%)
- Cirrus Lettings Limited
38.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Cirrus Lettings Limited
4 - Industry AVG
Pay Structure
on an average salary of £26.9k, the company has an equivalent pay structure (£26.9k)
- Cirrus Lettings Limited
£26.9k - Industry AVG
Efficiency
resulting in sales per employee of £243.5k, this is more efficient (£141.5k)
- Cirrus Lettings Limited
£141.5k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (34 days)
- Cirrus Lettings Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 141 days, this is slower than average (42 days)
- Cirrus Lettings Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cirrus Lettings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cirrus Lettings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 108.9%, this is a higher level of debt than the average (67.2%)
108.9% - Cirrus Lettings Limited
67.2% - Industry AVG
CIRRUS LETTINGS LIMITED financials
Cirrus Lettings Limited's latest turnover from February 2021 is estimated at £243.5 thousand and the company has net assets of -£5.5 thousand. According to their latest financial statements, we estimate that Cirrus Lettings Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 61,791 | 66,186 | 68,188 | 69,814 | 92,429 | 82,586 | 34,155 | 14,914 | 6,086 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 3,196 | 1,384 | 5,044 | 11,192 | 9,809 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 61,791 | 66,186 | 68,188 | 69,814 | 95,625 | 83,970 | 39,199 | 26,106 | 15,895 | 0 |
| total assets | 61,791 | 66,186 | 68,188 | 69,814 | 95,625 | 83,970 | 39,199 | 26,106 | 15,895 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 67,270 | 67,270 | 68,285 | 69,855 | 0 | 83,491 | 58,304 | 54,628 | 22,164 | 1,881 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 65,935 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 28,918 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 67,270 | 67,270 | 68,285 | 69,855 | 94,853 | 83,491 | 58,304 | 54,628 | 22,164 | 1,881 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 67,270 | 67,270 | 68,285 | 69,855 | 94,853 | 83,491 | 58,304 | 54,628 | 22,164 | 1,881 |
| net assets | -5,479 | -1,084 | -97 | -41 | 772 | 479 | -19,105 | -28,522 | -6,269 | -1,881 |
| total shareholders funds | -5,479 | -1,084 | -97 | -41 | 772 | 479 | -19,105 | -28,522 | -6,269 | -1,881 |
| Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,395 | -2,002 | -1,626 | -22,615 | 9,843 | 48,431 | 19,241 | 8,828 | 6,086 | 0 |
| Creditors | 0 | -1,015 | -1,570 | 69,855 | -83,491 | 25,187 | 3,676 | 32,464 | 20,283 | 1,881 |
| Accruals and Deferred Income | 0 | 0 | 0 | -28,918 | 28,918 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | -65,935 | 65,935 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | -3,196 | 1,812 | -3,660 | -6,148 | 1,383 | 9,809 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -3,196 | 1,812 | -3,660 | -6,148 | 1,383 | 9,809 | 0 |
cirrus lettings limited Credit Report and Business Information
Cirrus Lettings Limited Competitor Analysis
Perform a competitor analysis for cirrus lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in LD4 area or any other competitors across 12 key performance metrics.
cirrus lettings limited Ownership
CIRRUS LETTINGS LIMITED group structure
Cirrus Lettings Limited has no subsidiary companies.
cirrus lettings limited directors
Cirrus Lettings Limited currently has 1 director, Mr David Palmer serving since Dec 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Palmer | 80 years | Dec 2011 | - | Director |
P&L
February 2021turnover
243.5k
-17%
operating profit
-4.4k
0%
gross margin
28.7%
+2.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2021net assets
-5.5k
+4.05%
total assets
61.8k
-0.07%
cash
0
0%
net assets
Total assets minus all liabilities
cirrus lettings limited company details
company number
07875224
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 2011
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2021
previous names
N/A
accountant
WHITTAKER & CO (UK) LIMITED
auditor
-
address
the rookery lodge, llangammarch wells, powys, LD4 4BS
Bank
-
Legal Advisor
-
cirrus lettings 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 cirrus lettings limited.
cirrus lettings limited Companies House Filings - See Documents
| date | description | view/download |
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