cirrus lettings limited

2

cirrus lettings limited Company Information

Share CIRRUS LETTINGS LIMITED
Dissolved 

Company Number

07875224

Registered 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

£530.8k

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

£0

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

£0

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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £243.5k, make it smaller than the average company (£662k)

£243.5k - Cirrus Lettings Limited

£662k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (1.7%)

-5% - Cirrus Lettings Limited

1.7% - Industry AVG

production

Production

with a gross margin of 28.6%, this company has a higher cost of product (72.9%)

28.6% - Cirrus Lettings Limited

72.9% - Industry AVG

profitability

Profitability

an operating margin of -1.8% make it less profitable than the average company (38.2%)

-1.8% - Cirrus Lettings Limited

38.2% - Industry AVG

employees

Employees

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

1 - Cirrus Lettings Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.9k, the company has an equivalent pay structure (£26.9k)

£26.9k - Cirrus Lettings Limited

£26.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £243.5k, this is more efficient (£141.5k)

£243.5k - Cirrus Lettings Limited

£141.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 92 days, this is later than average (34 days)

92 days - Cirrus Lettings Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 141 days, this is slower than average (42 days)

141 days - Cirrus Lettings Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Cirrus Lettings Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Cirrus Lettings Limited

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012
Turnover243,487295,036288,772287,796564,015366,786170,30681,74333,3152,104
Other Income Or Grants0000000000
Cost Of Sales173,827212,557202,481200,442377,225258,513123,25759,41324,7371,544
Gross Profit69,66082,48086,29187,354186,790108,27347,04922,3318,578560
Admin Expenses74,05583,46786,34788,174186,42983,80935,16944,63612,9912,442
Operating Profit-4,395-987-56-82036124,46411,880-22,305-4,413-1,882
Interest Payable0000000000
Interest Receivable00086164153250
Pre-Tax Profit-4,395-987-56-81236624,48011,920-22,253-4,388-1,882
Tax0000-73-4,896-2,503000
Profit After Tax-4,395-987-56-81229319,5849,417-22,253-4,388-1,882
Dividends Paid0000000000
Retained Profit-4,395-987-56-81229319,5849,417-22,253-4,388-1,882
Employee Costs26,88928,26027,38526,23751,43026,40026,00024,73923,98023,802
Number Of Employees1111211111
EBITDA*-4,395-987-56-82036124,46411,880-22,305-4,413-1,882

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012
Tangible Assets0000000000
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets0000000000
Stock & work in progress0000000000
Trade Debtors61,79166,18668,18869,81492,42982,58634,15514,9146,0860
Group Debtors0000000000
Misc Debtors0000000000
Cash00003,1961,3845,04411,1929,8090
misc current assets0000000000
total current assets61,79166,18668,18869,81495,62583,97039,19926,10615,8950
total assets61,79166,18668,18869,81495,62583,97039,19926,10615,8950
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 67,27067,27068,28569,855083,49158,30454,62822,1641,881
Group/Directors Accounts000065,93500000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities000028,91800000
total current liabilities67,27067,27068,28569,85594,85383,49158,30454,62822,1641,881
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions0000000000
total long term liabilities0000000000
total liabilities67,27067,27068,28569,85594,85383,49158,30454,62822,1641,881
net assets-5,479-1,084-97-41772479-19,105-28,522-6,269-1,881
total shareholders funds-5,479-1,084-97-41772479-19,105-28,522-6,269-1,881
Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012
Operating Activities
Operating Profit-4,395-987-56-82036124,46411,880-22,305-4,413-1,882
Depreciation0000000000
Amortisation0000000000
Tax0000-73-4,896-2,503000
Stock0000000000
Debtors-4,395-2,002-1,626-22,6159,84348,43119,2418,8286,0860
Creditors0-1,015-1,57069,855-83,49125,1873,67632,46420,2831,881
Accruals and Deferred Income000-28,91828,91800000
Deferred Taxes & Provisions0000000000
Cash flow from operations00062,732-64,128-3,676-6,1881,3319,784-1
Investing Activities
capital expenditure0000000000
Change in Investments0000000000
cash flow from investments0000000000
Financing Activities
Bank loans0000000000
Group/Directors Accounts000-65,93565,93500000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue000-1000001
interest00086164153250
cash flow from financing000-65,92865,941164153251
cash and cash equivalents
cash000-3,1961,812-3,660-6,1481,3839,8090
overdraft0000000000
change in cash000-3,1961,812-3,660-6,1481,3839,8090

cirrus lettings 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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Cirrus Lettings Limited Competitor Analysis

competitor_analysis_table_img

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.

Ultimate parent company

1 parent

CIRRUS LETTINGS LIMITED

07875224

CIRRUS LETTINGS LIMITED Shareholders

cirrus homes ltd 100%

cirrus lettings limited directors

Cirrus Lettings Limited currently has 1 director, Mr David Palmer serving since Dec 2011.

officercountryagestartendrole
Mr David Palmer80 years Dec 2011- Director

P&L

February 2021

turnover

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 2021

net 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.

charges

cirrus lettings limited Companies House Filings - See Documents

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