findlater house limited

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findlater house limited Company Information

Share FINDLATER HOUSE LIMITED

Company Number

08508259

Directors

Mawash Kajani

Zain Kajani

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Shareholders

chart forte holdings limited

chart forte holding limited

Group Structure

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Industry

Buying and selling of own real estate

 

Registered Address

cervantes house, 5-9 headstone road, harrow, england, HA1 1PD

findlater house limited Estimated Valuation

£4.6m

Pomanda estimates the enterprise value of FINDLATER HOUSE LIMITED at £4.6m based on a Turnover of £1.5m and 3.11x industry multiple (adjusted for size and gross margin).

findlater house limited Estimated Valuation

£103m

Pomanda estimates the enterprise value of FINDLATER HOUSE LIMITED at £103m based on an EBITDA of £15.5m and a 6.66x industry multiple (adjusted for size and gross margin).

findlater house limited Estimated Valuation

£78.1m

Pomanda estimates the enterprise value of FINDLATER HOUSE LIMITED at £78.1m based on Net Assets of £49.6m and 1.58x industry multiple (adjusted for liquidity).

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Findlater House Limited Overview

Findlater House Limited is a live company located in harrow, HA1 1PD with a Companies House number of 08508259. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2013, it's largest shareholder is chart forte holdings limited with a 50% stake. Findlater House Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.

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Findlater House Limited Health Check

Pomanda's financial health check has awarded Findlater House Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

5 Regular

positive_score

2 Weak

size

Size

annual sales of £1.5m, make it larger than the average company (£816.8k)

£1.5m - Findlater House Limited

£816.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (2.6%)

-1% - Findlater House Limited

2.6% - Industry AVG

production

Production

with a gross margin of 69.2%, this company has a comparable cost of product (69.2%)

69.2% - Findlater House Limited

69.2% - Industry AVG

profitability

Profitability

an operating margin of 1039.5% make it more profitable than the average company (25.4%)

1039.5% - Findlater House Limited

25.4% - Industry AVG

employees

Employees

with 9 employees, this is above the industry average (4)

9 - Findlater House Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)

£34.8k - Findlater House Limited

£34.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £165.3k, this is equally as efficient (£177k)

£165.3k - Findlater House Limited

£177k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 2 days, this is earlier than average (26 days)

2 days - Findlater House Limited

26 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 30 days, this is close to average (31 days)

30 days - Findlater House Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Findlater House Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)

0 weeks - Findlater House Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 59.6%, this is a similar level of debt than the average (65.4%)

59.6% - Findlater House Limited

65.4% - Industry AVG

FINDLATER HOUSE LIMITED financials

EXPORTms excel logo

Findlater House Limited's latest turnover from October 2023 is £1.5 million and the company has net assets of £49.6 million. According to their latest financial statements, we estimate that Findlater House Limited has 9 employees and maintains cash reserves of £71.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Apr 2015Apr 2014
Turnover1,487,4031,491,1401,540,8161,527,4191,602,5191,605,9121,472,310116,937104,327222,650
Other Income Or Grants
Cost Of Sales458,112486,530485,030492,455504,309534,654475,78441,04639,01492,836
Gross Profit1,029,2911,004,6101,055,7861,034,9641,098,2111,071,258996,52675,89165,313129,814
Admin Expenses-14,432,442-6,826,102-412,523-98,610-235,105-386,591-60,721-1,354,5091,144,6038,634
Operating Profit15,461,7337,830,7121,468,3091,133,5741,333,3161,457,8491,057,2471,430,400-1,079,290121,180
Interest Payable1,093,962340,344326,256385,265379,604916,470786,487491,666205,901174,491
Interest Receivable45,67245,645
Pre-Tax Profit14,413,4437,536,0141,142,0533,330,9536,240,11220,804,68423,367,019938,734-1,285,190-53,311
Tax-3,531,200-1,687,677-2,208,250-18,474-3,850,028-4,388,289
Profit After Tax10,882,2435,848,336-1,066,1973,312,4796,240,11216,954,65618,978,730938,734-1,285,190-53,311
Dividends Paid8,684,325
Retained Profit10,882,2435,848,336-9,750,5223,312,4796,240,11216,954,65618,978,730938,734-1,285,190-53,311
Employee Costs312,824330,875283,572294,778277,077310,731277,71036,80035,03936,759
Number Of Employees9988788111
EBITDA*15,477,5577,841,9421,481,2211,147,7991,349,8861,476,1361,078,5331,430,400-1,079,290121,180

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Apr 2015Apr 2014
Tangible Assets142,420101,062116,221128,011149,144165,714191,57416,853,4726,636,3404,876,097
Intangible Assets
Investments & Other77,949,40463,769,17359,183,76058,669,16361,518,41561,518,41539,901,17289
Debtors (Due After 1 year)
Total Fixed Assets78,091,82563,870,23559,299,98258,797,17561,667,55961,684,13040,092,74716,853,5626,636,3414,876,098
Stock & work in progress
Trade Debtors12,09346,44134,68319,1752,638143,83320,62441,747
Group Debtors44,347,55928,786,54824,104,77228,448,46824,898,77415,885,83117,644,0522,190,15811,7588,743
Misc Debtors91,425192,950302,785467,446718,013210,812206,68752,3099,611
Cash71,906197,35679,42943,7073,722,700559,68155,12759,5411,592,9003,739
misc current assets
total current assets44,522,98429,223,29524,521,67228,978,79729,339,48716,658,96317,905,8672,445,8421,634,89454,230
total assets122,614,80993,093,53083,821,65387,775,97291,007,04678,343,09357,998,61419,299,4048,271,2354,930,328
Bank overdraft646,082302,117236,95621,720,979111
Bank loan1,113,68411,129,5611,812,987
Trade Creditors 38,63585,181100,70894,24049,984487,00738,876433,119262,12272,559
Group/Directors Accounts29,521,88113,601,7069,171,2976,313,9948,889,01111,869,08612,504,9218,137,1637,483,4142,153,307
other short term finances
hp & lease commitments
other current liabilities407,449527,162163,458170,111163,477195,708218,1253,58660,5147,929
total current liabilities29,967,96514,860,1319,737,5816,578,3459,339,42834,272,78013,875,60719,703,4309,619,0392,233,796
loans28,059,18628,059,18629,865,05629,904,87131,357,19421,160,0142,749,842
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions14,996,31111,465,11110,208,1947,911,9128,296,1518,296,1514,388,289
total long term liabilities43,055,49839,524,29840,073,25137,816,78439,653,3468,296,15225,548,3042,749,843
total liabilities73,023,46454,384,42949,810,83244,395,12948,992,77442,568,93239,423,91019,703,4309,619,0394,983,638
net assets49,591,34538,709,10134,010,82243,380,84342,014,27235,774,16018,574,703-404,026-1,347,804-53,311
total shareholders funds49,591,34538,709,10134,010,82243,380,84342,014,27235,774,16018,574,703-404,026-1,347,804-53,311
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Apr 2015Apr 2014
Operating Activities
Operating Profit15,461,7337,830,7121,468,3091,133,5741,333,3161,457,8491,057,2471,430,400-1,079,290121,180
Depreciation15,82511,22912,91214,22516,57118,28821,287
Amortisation
Tax-3,531,200-1,687,677-2,208,250-18,474-3,850,028-4,388,289
Stock
Debtors15,425,1404,583,696-4,492,8483,318,3039,517,506-1,751,45815,464,4392,344,306-8,49750,491
Creditors-46,546-15,5276,46844,256-437,023448,131-394,244170,997189,56372,559
Accruals and Deferred Income-119,713363,704-6,6536,634-32,231-22,417214,539-56,92852,5857,929
Deferred Taxes & Provisions3,531,2001,256,9172,296,282-384,2393,907,8624,388,289
Cash flow from operations-113,8413,175,6626,061,916-2,522,327-8,636,8733,711,143-14,565,610-799,837-828,645151,177
Investing Activities
capital expenditure-129,740-816,850-164,212-10,242,054-1,760,243-4,876,097
Change in Investments14,180,2324,585,412514,597-2,849,25221,617,24239,901,08389
cash flow from investments-14,180,232-4,585,412-514,5972,849,252-129,740-22,434,092-40,065,295-10,242,143-1,760,243-4,876,097
Financing Activities
Bank loans-1,113,684-10,015,8779,316,5741,812,987
Group/Directors Accounts15,920,1754,430,4082,857,304-2,575,017-2,980,076-635,8344,367,757653,7495,330,1082,153,307
Other Short Term Loans
Long term loans-1,805,870-39,815-1,452,32331,357,194-21,160,01421,160,014-2,749,8422,749,842
Hire Purchase and Lease Commitments
other long term liabilities
share issue1-1,150,056380,501-1,945,909244,8015,043-9,303
interest-1,048,290-294,699-326,256-385,265-379,604-916,470-786,487-491,666-205,901-174,491
cash flow from financing14,871,8861,179,7832,871,734-6,358,51427,997,514-23,581,20114,725,4079,483,7004,178,0494,728,658
cash and cash equivalents
cash-125,451117,92735,722-3,678,9933,163,019504,554-4,414-1,533,3591,589,1623,739
overdraft-646,082343,965302,117-236,956-21,484,02321,720,9781
change in cash520,631-226,038-266,395-3,442,03724,647,042-21,216,424-4,414-1,533,3591,589,1613,739

findlater house 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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Findlater House Limited Competitor Analysis

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Perform a competitor analysis for findlater house limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in HA1 area or any other competitors across 12 key performance metrics.

findlater house limited Ownership

FINDLATER HOUSE LIMITED group structure

Findlater House Limited has no subsidiary companies.

Ultimate parent company

1 parent

FINDLATER HOUSE LIMITED

08508259

FINDLATER HOUSE LIMITED Shareholders

chart forte holdings limited 50%
chart forte holding limited 50%

findlater house limited directors

Findlater House Limited currently has 3 directors. The longest serving directors include Mrs Mawash Kajani (Apr 2013) and Mr Zain Kajani (Apr 2013).

officercountryagestartendrole
Mrs Mawash KajaniUnited Kingdom58 years Apr 2013- Director
Mr Zain KajaniUnited Kingdom32 years Apr 2013- Director
Miss Sonia KajaniUnited Kingdom33 years Apr 2013- Director

P&L

October 2023

turnover

1.5m

0%

operating profit

15.5m

+97%

gross margin

69.3%

+2.71%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2023

net assets

49.6m

+0.28%

total assets

122.6m

+0.32%

cash

71.9k

-0.64%

net assets

Total assets minus all liabilities

findlater house limited company details

company number

08508259

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

April 2013

age

12

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

WARD DIVECHA LTD

address

cervantes house, 5-9 headstone road, harrow, england, HA1 1PD

Bank

-

Legal Advisor

-

findlater house 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 9 charges/mortgages relating to findlater house limited. Currently there are 5 open charges and 4 have been satisfied in the past.

findlater house 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 FINDLATER HOUSE LIMITED. This can take several minutes, an email will notify you when this has completed.

findlater house limited Companies House Filings - See Documents

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