a1 letting services ltd.
a1 letting services ltd. Company Information
Company Number
08329742
Website
www.a1lettingservices.co.ukRegistered Address
152 station road, stechford, birmingham, B33 8BT
Industry
Management of real estate on a fee or contract basis
Telephone
08001830150
Next Accounts Due
September 2024
Group Structure
View All
Directors
Omar Farooq11 Years
Shareholders
omar farooq 51%
mamoona farooq 49%
a1 letting services ltd. Estimated Valuation
Pomanda estimates the enterprise value of A1 LETTING SERVICES LTD. at £118k based on a Turnover of £94.9k and 1.24x industry multiple (adjusted for size and gross margin).
a1 letting services ltd. Estimated Valuation
Pomanda estimates the enterprise value of A1 LETTING SERVICES LTD. at £0 based on an EBITDA of £-3.9k and a 4.17x industry multiple (adjusted for size and gross margin).
a1 letting services ltd. Estimated Valuation
Pomanda estimates the enterprise value of A1 LETTING SERVICES LTD. at £0 based on Net Assets of £-4.9k and 1.8x industry multiple (adjusted for liquidity).
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A1 Letting Services Ltd. Overview
A1 Letting Services Ltd. is a live company located in birmingham, B33 8BT with a Companies House number of 08329742. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in December 2012, it's largest shareholder is omar farooq with a 51% stake. A1 Letting Services Ltd. is a established, micro sized company, Pomanda has estimated its turnover at £94.9k with high growth in recent years.
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A1 Letting Services Ltd. Health Check
Pomanda's financial health check has awarded A1 Letting Services Ltd. a 1.5 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 £94.9k, make it smaller than the average company (£1.2m)
- A1 Letting Services Ltd.
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (2.4%)
- A1 Letting Services Ltd.
2.4% - Industry AVG
Production
with a gross margin of 10.7%, this company has a higher cost of product (44%)
- A1 Letting Services Ltd.
44% - Industry AVG
Profitability
an operating margin of -4.1% make it less profitable than the average company (8%)
- A1 Letting Services Ltd.
8% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - A1 Letting Services Ltd.
12 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- A1 Letting Services Ltd.
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £47.5k, this is less efficient (£102.8k)
- A1 Letting Services Ltd.
£102.8k - Industry AVG
Debtor Days
it gets paid by customers after 98 days, this is later than average (36 days)
- A1 Letting Services Ltd.
36 days - Industry AVG
Creditor Days
its suppliers are paid after 137 days, this is slower than average (31 days)
- A1 Letting Services Ltd.
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- A1 Letting Services Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - A1 Letting Services Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.7%, this is a higher level of debt than the average (83.3%)
115.7% - A1 Letting Services Ltd.
83.3% - Industry AVG
A1 LETTING SERVICES LTD. financials
A1 Letting Services Ltd.'s latest turnover from December 2022 is estimated at £94.9 thousand and the company has net assets of -£4.9 thousand. According to their latest financial statements, A1 Letting Services Ltd. has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,157 | 5,157 | 6,657 | 2,001 | 57 | 980 | 1,903 | 2,826 | 2,120 | 423 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 2,000 | 2,000 | 0 | 2,000 | 2,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,157 | 5,157 | 6,657 | 2,001 | 2,057 | 2,980 | 1,903 | 4,826 | 4,120 | 423 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 25,718 | 29,521 | 23,996 | 12,601 | 3,951 | 3,951 | 8,741 | 4,642 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 2,200 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 4,079 | 2,414 | 0 | 3,748 | 1,610 | 1,049 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 25,718 | 29,521 | 23,996 | 12,601 | 10,230 | 6,365 | 8,741 | 8,390 | 1,610 | 1,049 |
| total assets | 30,875 | 34,678 | 30,653 | 14,602 | 12,287 | 9,345 | 10,644 | 13,216 | 5,730 | 1,472 |
| 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 | 31,857 | 15,953 | 10,401 | 13,747 | 172 | 559 | 5,816 | 4,651 | 5,243 | 3,194 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 563 | 57 | 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 | 16,016 | 9,508 | 0 | 0 | 0 | 0 |
| total current liabilities | 31,857 | 15,953 | 10,401 | 13,747 | 16,751 | 10,124 | 5,816 | 4,651 | 5,243 | 3,194 |
| 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 | 3,222 | 2,322 | 2,700 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 3,872 | 16,444 | 17,750 | 3,509 | 3,377 | 6,166 | 7,965 | 8,491 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,872 | 19,666 | 20,072 | 6,209 | 3,377 | 6,166 | 7,965 | 8,491 | 0 | 0 |
| total liabilities | 35,729 | 35,619 | 30,473 | 19,956 | 20,128 | 16,290 | 13,781 | 13,142 | 5,243 | 3,194 |
| net assets | -4,854 | -941 | 180 | -5,354 | -7,841 | -6,945 | -3,137 | 74 | 487 | -1,722 |
| total shareholders funds | -4,854 | -941 | 180 | -5,354 | -7,841 | -6,945 | -3,137 | 74 | 487 | -1,722 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 923 | 0 | 942 | 707 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,803 | 5,525 | 11,395 | 6,450 | 2,200 | -4,790 | 4,099 | 4,642 | 0 | 0 |
| Creditors | 15,904 | 5,552 | -3,346 | 13,575 | -387 | -5,257 | 1,165 | -592 | 2,049 | 3,194 |
| Accruals and Deferred Income | -3,222 | 900 | -378 | -13,316 | 6,508 | 9,508 | 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 | -2,000 | 0 | 2,000 | -2,000 | 0 | 2,000 | 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 | -563 | 506 | 57 | 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 | -12,572 | -1,306 | 14,241 | 132 | -2,789 | -1,799 | -526 | 8,491 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | -4,079 | 1,665 | 2,414 | -3,748 | 2,138 | 561 | 1,049 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -4,079 | 1,665 | 2,414 | -3,748 | 2,138 | 561 | 1,049 |
a1 letting services ltd. Credit Report and Business Information
A1 Letting Services Ltd. Competitor Analysis
Perform a competitor analysis for a1 letting services ltd. by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in B33 area or any other competitors across 12 key performance metrics.
a1 letting services ltd. Ownership
A1 LETTING SERVICES LTD. group structure
A1 Letting Services Ltd. has no subsidiary companies.
Ultimate parent company
A1 LETTING SERVICES LTD.
08329742
a1 letting services ltd. directors
A1 Letting Services Ltd. currently has 1 director, Mr Omar Farooq serving since Dec 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Omar Farooq | England | 53 years | Dec 2012 | - | Director |
P&L
December 2022turnover
94.9k
+12%
operating profit
-3.9k
0%
gross margin
10.7%
+16.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-4.9k
+4.16%
total assets
30.9k
-0.11%
cash
0
0%
net assets
Total assets minus all liabilities
a1 letting services ltd. company details
company number
08329742
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
December 2012
age
12
accounts
Micro-Entity Accounts
ultimate parent company
previous names
aviva lettings limited (February 2015)
incorporated
UK
address
152 station road, stechford, birmingham, B33 8BT
last accounts submitted
December 2022
a1 letting services 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 a1 letting services ltd..
a1 letting services ltd. Companies House Filings - See Documents
| date | description | view/download |
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