props north east
props north east Company Information
Company Number
07902767
Website
http://propsnortheast.org.ukRegistered Address
linskill centre, linskill terrace, north shields, NE30 2AY
Industry
Other human health activities
Telephone
01912263440
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
props north east Estimated Valuation
Pomanda estimates the enterprise value of PROPS NORTH EAST at £163.2k based on a Turnover of £417k and 0.39x industry multiple (adjusted for size and gross margin).
props north east Estimated Valuation
Pomanda estimates the enterprise value of PROPS NORTH EAST at £155.9k based on an EBITDA of £43.4k and a 3.6x industry multiple (adjusted for size and gross margin).
props north east Estimated Valuation
Pomanda estimates the enterprise value of PROPS NORTH EAST at £340.9k based on Net Assets of £146.8k and 2.32x industry multiple (adjusted for liquidity).
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Props North East Overview
Props North East is a live company located in north shields, NE30 2AY with a Companies House number of 07902767. It operates in the other human health activities sector, SIC Code 86900. Founded in January 2012, it's largest shareholder is unknown. Props North East is a established, micro sized company, Pomanda has estimated its turnover at £417k with healthy growth in recent years.
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Props North East Health Check
Pomanda's financial health check has awarded Props North East a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £417k, make it smaller than the average company (£720.8k)
£417k - Props North East
£720.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5.3%)
10% - Props North East
5.3% - Industry AVG
Production
with a gross margin of 35.9%, this company has a comparable cost of product (35.9%)
35.9% - Props North East
35.9% - Industry AVG
Profitability
an operating margin of 9.8% make it more profitable than the average company (6%)
9.8% - Props North East
6% - Industry AVG
Employees
with 10 employees, this is below the industry average (19)
10 - Props North East
19 - Industry AVG
Pay Structure
on an average salary of £30k, the company has a higher pay structure (£24.6k)
£30k - Props North East
£24.6k - Industry AVG
Efficiency
resulting in sales per employee of £41.7k, this is equally as efficient (£43.2k)
£41.7k - Props North East
£43.2k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (22 days)
12 days - Props North East
22 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (18 days)
2 days - Props North East
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Props North East
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 200 weeks, this is more cash available to meet short term requirements (141 weeks)
200 weeks - Props North East
141 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.2%, this is a similar level of debt than the average (21.7%)
23.2% - Props North East
21.7% - Industry AVG
PROPS NORTH EAST financials
Props North East's latest turnover from March 2023 is £417 thousand and the company has net assets of £146.8 thousand. According to their latest financial statements, Props North East has 10 employees and maintains cash reserves of £170.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 416,951 | 374,473 | 342,426 | 315,504 | 287,058 | 378,603 | 450,408 | 496,824 | 452,287 | 486,310 | 339,358 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 37,686 | 18,624 | 47,788 | -28,717 | -78,608 | -61,935 | -13,569 | 11,563 | -1,324 | 65,314 | 18,573 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 37,686 | 18,624 | 47,788 | -28,717 | -78,608 | -61,935 | -13,569 | 11,563 | -1,324 | 65,314 | 18,573 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 37,686 | 18,624 | 47,788 | -28,717 | -78,608 | -61,935 | -13,569 | 11,563 | -1,324 | 65,314 | 18,573 |
| Employee Costs | 299,604 | 268,916 | 231,812 | 255,865 | 275,080 | 335,425 | 355,603 | 367,132 | 325,340 | 303,179 | 243,236 |
| Number Of Employees | 10 | 10 | 9 | 9 | 10 | 12 | 13 | 14 | 16 | 16 | 13 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,416 | 3,434 | 3,375 | 2,808 | 0 | 0 | 4,309 | 9,360 | 14,500 | 20,151 | 1,505 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 5,416 | 3,434 | 3,375 | 2,808 | 0 | 0 | 4,309 | 9,360 | 14,500 | 20,151 | 1,505 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 13,837 | 49,748 | 13,852 | 2,993 | 14,882 | 0 | 12,326 | 28,770 | 18,084 | 26,861 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 958 | 871 | 0 | 2,710 | 4,918 | 68,163 | 6,589 | 2,806 | 2,708 | 3,895 | 5,827 |
| Cash | 170,900 | 90,222 | 114,844 | 44,224 | 57,207 | 99,258 | 217,929 | 262,099 | 242,925 | 229,786 | 188,579 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 185,695 | 140,841 | 128,696 | 49,927 | 77,007 | 167,421 | 236,844 | 293,675 | 263,717 | 260,542 | 194,406 |
| total assets | 191,111 | 144,275 | 132,071 | 52,735 | 77,007 | 167,421 | 241,153 | 303,035 | 278,217 | 280,693 | 195,911 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,114 | 7,019 | 991 | 2,896 | 2,607 | 14,488 | 2,561 | 22,948 | 228 | 3,119 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 42,180 | 28,125 | 40,573 | 7,120 | 2,964 | 2,890 | 26,613 | 54,538 | 64,004 | 62,265 | 45,917 |
| total current liabilities | 44,294 | 35,144 | 41,564 | 10,016 | 5,571 | 17,378 | 29,174 | 77,486 | 64,232 | 65,384 | 45,917 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 44,294 | 35,144 | 41,564 | 10,016 | 5,571 | 17,378 | 29,174 | 77,486 | 64,232 | 65,384 | 45,917 |
| net assets | 146,817 | 109,131 | 90,507 | 42,719 | 71,436 | 150,043 | 211,979 | 225,549 | 213,985 | 215,309 | 149,994 |
| total shareholders funds | 146,817 | 109,131 | 90,507 | 42,719 | 71,436 | 150,043 | 211,979 | 225,549 | 213,985 | 215,309 | 149,994 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 2,380 | 1,393 | 927 | 60 | 0 | 4,309 | 5,051 | 5,140 | 5,651 | 1,559 | 965 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -35,824 | 36,767 | 8,149 | -14,097 | -48,363 | 49,248 | -12,661 | 10,784 | -9,964 | 24,929 | 5,827 |
| Creditors | -4,905 | 6,028 | -1,905 | 289 | -11,881 | 11,927 | -20,387 | 22,720 | -2,891 | 3,119 | 0 |
| Accruals and Deferred Income | 14,055 | -12,448 | 33,453 | 4,156 | 74 | -23,723 | -27,925 | -9,466 | 1,739 | 16,348 | 45,917 |
| Deferred Taxes & Provisions | 0 | 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 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 1 | -1 | -1 | 1 | 0 | 1 | 131,421 |
| cash and cash equivalents | |||||||||||
| cash | 80,678 | -24,622 | 70,620 | -12,983 | -42,051 | -118,671 | -44,170 | 19,174 | 13,139 | 41,207 | 188,579 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 80,678 | -24,622 | 70,620 | -12,983 | -42,051 | -118,671 | -44,170 | 19,174 | 13,139 | 41,207 | 188,579 |
props north east Credit Report and Business Information
Props North East Competitor Analysis
Perform a competitor analysis for props north east by selecting its closest rivals and benchmarking them against 12 key performance metrics.
props north east Ownership
PROPS NORTH EAST group structure
Props North East has no subsidiary companies.
Ultimate parent company
PROPS NORTH EAST
07902767
props north east directors
Props North East currently has 5 directors. The longest serving directors include Mrs Susan Sinton (Oct 2017) and Mrs Denise Wilkins (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Susan Sinton | United Kingdom | 77 years | Oct 2017 | - | Director |
| Mrs Denise Wilkins | England | 71 years | Jul 2019 | - | Director |
| Mrs Lynne Griffin | England | 64 years | May 2020 | - | Director |
| Mr Alastair Mitchell | 62 years | May 2020 | - | Director | |
| Mr Benjamin Broadhead | 38 years | Apr 2023 | - | Director |
P&L
March 2023turnover
417k
+11%
operating profit
41k
0%
gross margin
35.9%
+0.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
146.8k
+0.35%
total assets
191.1k
+0.32%
cash
170.9k
+0.89%
net assets
Total assets minus all liabilities
Similar Companies
props north east company details
company number
07902767
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
86900 - Other human health activities
incorporation date
January 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
linskill centre, linskill terrace, north shields, NE30 2AY
last accounts submitted
March 2023
props north east 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 props north east.
props north east Companies House Filings - See Documents
| date | description | view/download |
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