property investment network limited
property investment network limited Company Information
Company Number
08388575
Next Accounts
61 days late
Shareholders
mr david ravenscroft
Group Structure
View All
Industry
Renting and operating of Housing Association real estate
Registered Address
ground floor, seneca house,, links point, blackpool, lancashire, FY4 2FF
property investment network limited Estimated Valuation
Pomanda estimates the enterprise value of PROPERTY INVESTMENT NETWORK LIMITED at £562.6k based on a Turnover of £136.5k and 4.12x industry multiple (adjusted for size and gross margin).
property investment network limited Estimated Valuation
Pomanda estimates the enterprise value of PROPERTY INVESTMENT NETWORK LIMITED at £974k based on an EBITDA of £133.3k and a 7.31x industry multiple (adjusted for size and gross margin).
property investment network limited Estimated Valuation
Pomanda estimates the enterprise value of PROPERTY INVESTMENT NETWORK LIMITED at £641.8k based on Net Assets of £356.6k and 1.8x industry multiple (adjusted for liquidity).
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Property Investment Network Limited Overview
Property Investment Network Limited is a live company located in blackpool, FY4 2FF with a Companies House number of 08388575. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in February 2013, it's largest shareholder is mr david ravenscroft with a 100% stake. Property Investment Network Limited is a established, micro sized company, Pomanda has estimated its turnover at £136.5k with declining growth in recent years.
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Property Investment Network Limited Health Check
Pomanda's financial health check has awarded Property Investment Network Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £136.5k, make it smaller than the average company (£1.4m)
- Property Investment Network Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (3.1%)
- Property Investment Network Limited
3.1% - Industry AVG
Production
with a gross margin of 63%, this company has a comparable cost of product (63%)
- Property Investment Network Limited
63% - Industry AVG
Profitability
an operating margin of 95.2% make it more profitable than the average company (16.7%)
- Property Investment Network Limited
16.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (8)
2 - Property Investment Network Limited
8 - Industry AVG
Pay Structure
on an average salary of £35.1k, the company has an equivalent pay structure (£35.1k)
- Property Investment Network Limited
£35.1k - Industry AVG
Efficiency
resulting in sales per employee of £68.3k, this is less efficient (£147.4k)
- Property Investment Network Limited
£147.4k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (17 days)
- Property Investment Network Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is close to average (25 days)
- Property Investment Network Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Property Investment Network Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - Property Investment Network Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.4%, this is a higher level of debt than the average (71.4%)
89.4% - Property Investment Network Limited
71.4% - Industry AVG
PROPERTY INVESTMENT NETWORK LIMITED financials
Property Investment Network Limited's latest turnover from March 2023 is estimated at £136.5 thousand and the company has net assets of £356.6 thousand. According to their latest financial statements, Property Investment Network Limited has 2 employees and maintains cash reserves of £41.9 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 | 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 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,143,247 | 2,039,634 | 2,180,492 | 2,330,935 | 2,204,791 | 2,429,820 | 2,181,139 | 1,967,622 | 1,134,750 | 484,152 |
| Intangible Assets | ||||||||||
| Investments & Other | 66,493 | 141,404 | 203,733 | 202,897 | 279,435 | 280,993 | 279,128 | 266,921 | 267,103 | 26,433 |
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 2,209,740 | 2,181,038 | 2,384,225 | 2,533,832 | 2,484,226 | 2,710,813 | 2,460,267 | 2,234,543 | 1,401,853 | 510,585 |
| Stock & work in progress | ||||||||||
| Trade Debtors | 1,820 | 320 | 653 | 1,500 | 1,500 | |||||
| Group Debtors | 737,277 | 729,113 | 498,607 | 619,841 | 1,412,933 | 1,746,184 | 428,587 | 666,574 | ||
| Misc Debtors | 369,695 | 381,899 | 460,610 | 460,488 | 31,022 | 28,022 | 280,302 | 18,659 | ||
| Cash | 41,877 | 30,340 | 26,869 | 65,930 | 56,254 | 53,889 | 64,090 | 43,241 | 36,973 | 2,096 |
| misc current assets | ||||||||||
| total current assets | 1,150,669 | 1,141,672 | 986,086 | 1,146,259 | 1,500,209 | 1,828,095 | 773,632 | 728,474 | 38,473 | 3,596 |
| total assets | 3,360,409 | 3,322,710 | 3,370,311 | 3,680,091 | 3,984,435 | 4,538,908 | 3,233,899 | 2,963,017 | 1,440,326 | 514,181 |
| Bank overdraft | 152,914 | 92,914 | 25,000 | |||||||
| Bank loan | 917,546 | 935,769 | 26,080 | 11,460 | ||||||
| Trade Creditors | 3,405 | 1,384 | 1,160 | 292 | 27,199 | 31,885 | 20,560 | 4,478 | 1,115,604 | 543,696 |
| Group/Directors Accounts | ||||||||||
| other short term finances | 360,000 | |||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 1,951,466 | 1,773,630 | 1,937,430 | 2,110,616 | 2,313,306 | 2,989,736 | 2,294,316 | 1,592,484 | ||
| total current liabilities | 2,872,417 | 2,710,783 | 1,964,670 | 2,122,368 | 2,493,419 | 3,114,535 | 2,339,876 | 1,956,962 | 1,115,604 | 543,696 |
| loans | 131,409 | 268,372 | 1,323,147 | 1,596,601 | 1,627,834 | 1,646,278 | 1,195,338 | 1,206,406 | ||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | 428,630 | |||||||||
| provisions | 3,489 | 3,716 | ||||||||
| total long term liabilities | 131,409 | 268,372 | 1,326,636 | 1,600,317 | 1,627,834 | 1,646,278 | 1,195,338 | 1,206,406 | 428,630 | |
| total liabilities | 3,003,826 | 2,979,155 | 3,291,306 | 3,722,685 | 4,121,253 | 4,760,813 | 3,535,214 | 3,163,368 | 1,544,234 | 543,696 |
| net assets | 356,583 | 343,555 | 79,005 | -42,594 | -136,818 | -221,905 | -301,315 | -200,351 | -103,908 | -29,515 |
| total shareholders funds | 356,583 | 343,555 | 79,005 | -42,594 | -136,818 | -221,905 | -301,315 | -200,351 | -103,908 | -29,515 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 3,276 | 3,275 | 3,629 | 3,593 | 3,764 | 3,734 | 3,719 | |||
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | ||||||||||
| Debtors | -2,540 | 152,115 | -121,112 | -363,626 | -330,251 | 1,064,664 | 24,309 | 685,233 | 1,500 | |
| Creditors | 2,021 | 224 | 868 | -26,907 | -4,686 | 11,325 | 16,082 | 4,478 | 571,908 | 543,696 |
| Accruals and Deferred Income | 177,836 | -163,800 | -173,186 | -202,690 | -676,430 | 695,420 | 701,832 | 1,592,484 | ||
| Deferred Taxes & Provisions | -3,489 | -227 | 3,716 | |||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | -74,911 | -62,329 | 836 | -76,538 | -1,558 | 1,865 | 12,207 | 266,921 | 240,670 | 26,433 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | -18,223 | 909,689 | 14,620 | 11,460 | ||||||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | -360,000 | 360,000 | ||||||||
| Long term loans | -136,963 | -1,054,775 | -273,454 | -31,233 | -18,444 | 450,940 | -11,068 | 1,206,406 | ||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | 428,630 | |||||||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 11,537 | 3,471 | -39,061 | 9,676 | 2,365 | -10,201 | 20,849 | 43,241 | 34,877 | 2,096 |
| overdraft | -152,914 | 60,000 | 67,914 | 25,000 | ||||||
| change in cash | 11,537 | 3,471 | -39,061 | 162,590 | -57,635 | -78,115 | -4,151 | 43,241 | 34,877 | 2,096 |
property investment network limited Credit Report and Business Information
Property Investment Network Limited Competitor Analysis
Perform a competitor analysis for property investment network limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in FY4 area or any other competitors across 12 key performance metrics.
property investment network limited Ownership
PROPERTY INVESTMENT NETWORK LIMITED group structure
Property Investment Network Limited has 4 subsidiary companies.
Ultimate parent company
PROPERTY INVESTMENT NETWORK LIMITED
08388575
4 subsidiaries
property investment network limited directors
Property Investment Network Limited currently has 2 directors. The longest serving directors include Mr David Ravenscroft (Feb 2013) and Mr Tim Horrocks (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Ravenscroft | United Kingdom | 61 years | Feb 2013 | - | Director |
| Mr Tim Horrocks | England | 47 years | Feb 2022 | - | Director |
P&L
March 2023turnover
136.5k
+22%
operating profit
130k
0%
gross margin
63.1%
-7.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
356.6k
+0.04%
total assets
3.4m
+0.01%
cash
41.9k
+0.38%
net assets
Total assets minus all liabilities
property investment network limited company details
company number
08388575
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
February 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
CROSSLEY & DAVIS
auditor
-
address
ground floor, seneca house,, links point, blackpool, lancashire, FY4 2FF
Bank
-
Legal Advisor
-
property investment network 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 found 16 charges/mortgages relating to property investment network limited. Currently there are 6 open charges and 10 have been satisfied in the past.
property investment network limited 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.
Click to start generating capital raising & share issue transactions for PROPERTY INVESTMENT NETWORK LIMITED. This can take several minutes, an email will notify you when this has completed.
property investment network limited Companies House Filings - See Documents
| date | description | view/download |
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