bel estates limited
bel estates limited Company Information
Company Number
08523132
Next Accounts
Aug 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
british engines ltd
Group Structure
View All
Contact
Registered Address
11 glasshouse street, st peters, newcastle upon tyne, tyne & wear, NE6 1BS
Website
www.bel.co.ukbel estates limited Estimated Valuation
Pomanda estimates the enterprise value of BEL ESTATES LIMITED at £377k based on a Turnover of £155.3k and 2.43x industry multiple (adjusted for size and gross margin).
bel estates limited Estimated Valuation
Pomanda estimates the enterprise value of BEL ESTATES LIMITED at £0 based on an EBITDA of £-128.2k and a 5.01x industry multiple (adjusted for size and gross margin).
bel estates limited Estimated Valuation
Pomanda estimates the enterprise value of BEL ESTATES LIMITED at £3.3m based on Net Assets of £1.9m and 1.74x industry multiple (adjusted for liquidity).
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Bel Estates Limited Overview
Bel Estates Limited is a live company located in newcastle upon tyne, NE6 1BS with a Companies House number of 08523132. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 2013, it's largest shareholder is british engines ltd with a 100% stake. Bel Estates Limited is a established, micro sized company, Pomanda has estimated its turnover at £155.3k with declining growth in recent years.
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Bel Estates Limited Health Check
Pomanda's financial health check has awarded Bel Estates 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
2 Strong
2 Regular
7 Weak
Size
annual sales of £155.3k, make it smaller than the average company (£850.4k)
- Bel Estates Limited
£850.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -39%, show it is growing at a slower rate (2.9%)
- Bel Estates Limited
2.9% - Industry AVG
Production
with a gross margin of 30%, this company has a higher cost of product (73%)
- Bel Estates Limited
73% - Industry AVG
Profitability
an operating margin of -82.5% make it less profitable than the average company (27.1%)
- Bel Estates Limited
27.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Bel Estates Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.2k, the company has an equivalent pay structure (£32.2k)
- Bel Estates Limited
£32.2k - Industry AVG
Efficiency
resulting in sales per employee of £51.8k, this is less efficient (£181.4k)
- Bel Estates Limited
£181.4k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (32 days)
- Bel Estates Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 888 days, this is slower than average (36 days)
- Bel Estates Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bel Estates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Bel Estates Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.3%, this is a lower level of debt than the average (67.9%)
32.3% - Bel Estates Limited
67.9% - Industry AVG
BEL ESTATES LIMITED financials
Bel Estates Limited's latest turnover from November 2023 is estimated at £155.3 thousand and the company has net assets of £1.9 million. According to their latest financial statements, Bel Estates Limited has 3 employees and maintains cash reserves of £4.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Oct 2021 | Oct 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 696,118 | 434,243 | 442,594 | 434,462 | 434,243 | 428,020 | 243,911 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | -7,683 | -4,900 | -4,441 | -4,274 | -4,059 | -10,943 | 20,726 | |||
| Gross Profit | 703,801 | 439,143 | 447,035 | 438,736 | 438,302 | 438,963 | 223,185 | |||
| Admin Expenses | 53,704 | -135,687 | 35,202 | 50,560 | 11,252 | 29,701 | 15,153 | |||
| Operating Profit | 650,097 | 574,830 | 411,833 | 388,176 | 427,050 | 409,262 | 208,032 | |||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | 650,097 | 574,830 | 411,833 | 388,176 | 427,050 | 409,262 | 208,032 | |||
| Tax | -142,955 | -115,524 | -77,745 | -72,213 | 10,262 | 1,643 | -1,619 | |||
| Profit After Tax | 507,142 | 459,306 | 334,088 | 315,963 | 437,312 | 410,905 | 206,413 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | 507,142 | 459,306 | 334,088 | 315,963 | 437,312 | 410,905 | 206,413 | |||
| Employee Costs | 11,250 | 3,872 | ||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | ||
| EBITDA* | 650,097 | 574,830 | 411,833 | 388,176 | 427,050 | 439,067 | 223,244 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Oct 2021 | Oct 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,650,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,605,643 | 1,929,713 | 1,820,000 | 1,820,000 | 1,820,000 | 1,650,000 | 1,650,000 | 1,650,000 | 1,650,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,605,643 | 1,929,713 | 1,820,000 | 1,820,000 | 1,820,000 | 1,650,000 | 1,650,000 | 1,650,000 | 1,650,000 | 1,650,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 15,051 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 206,095 | 635,504 | 1,526,107 | 937,562 | 614,813 | 110,314 | 0 | 0 | 0 |
| Misc Debtors | 151,887 | 3,298 | 7,150 | 0 | 0 | 933 | 115 | 0 | 0 | 0 |
| Cash | 4,196 | 27,626 | 23,315 | 67 | 658 | 109 | 100,483 | 100,000 | 74,887 | 813 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 171,134 | 237,019 | 665,969 | 1,526,174 | 938,220 | 615,855 | 210,912 | 100,000 | 74,887 | 813 |
| total assets | 2,776,777 | 2,166,732 | 2,485,969 | 3,346,174 | 2,758,220 | 2,265,855 | 1,860,912 | 1,750,000 | 1,724,887 | 1,650,813 |
| 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 | 264,540 | 952 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 606,572 | 0 | 0 | 0 | 0 | 0 | 0 | 181,771 | 595,985 | 940,904 |
| 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 | 26,500 | 122,218 | 151,288 | 250,419 | 178,352 | 174,192 | 96,993 | 108,894 | 96,617 | 86,283 |
| total current liabilities | 897,612 | 123,170 | 151,288 | 250,419 | 178,352 | 174,192 | 96,993 | 290,665 | 692,602 | 1,027,187 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 37,062 | 109,304 | 83,071 | 74,326 | 45,427 | 51,771 | 63,150 | 73,412 | 0 |
| total long term liabilities | 0 | 37,062 | 109,304 | 83,071 | 74,326 | 45,427 | 51,771 | 63,150 | 73,412 | 0 |
| total liabilities | 897,612 | 160,232 | 260,592 | 333,490 | 252,678 | 219,619 | 148,764 | 353,815 | 766,014 | 1,027,187 |
| net assets | 1,879,165 | 2,006,500 | 2,225,377 | 3,012,684 | 2,505,542 | 2,046,236 | 1,712,148 | 1,396,185 | 958,873 | 623,626 |
| total shareholders funds | 1,879,165 | 2,006,500 | 2,225,377 | 3,012,684 | 2,505,542 | 2,046,236 | 1,712,148 | 1,396,185 | 958,873 | 623,626 |
| Nov 2023 | Nov 2022 | Oct 2021 | Oct 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 650,097 | 574,830 | 411,833 | 388,176 | 427,050 | 409,262 | 208,032 | |||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,805 | 15,212 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -142,955 | -115,524 | -77,745 | -72,213 | 10,262 | 1,643 | -1,619 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -42,455 | -433,261 | -883,453 | 588,545 | 321,816 | 505,317 | 110,429 | 0 | 0 | 0 |
| Creditors | 263,588 | 952 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -95,718 | -29,070 | -99,131 | 72,067 | 4,160 | 77,199 | -11,901 | 12,277 | 10,334 | 86,283 |
| Deferred Taxes & Provisions | -37,062 | -72,242 | 26,233 | 8,745 | 28,899 | -6,344 | -11,379 | -10,262 | 73,412 | 0 |
| Cash flow from operations | -591 | 170,549 | -100,374 | 182,254 | 439,327 | 524,456 | 307,908 | |||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 675,930 | 109,713 | 0 | 0 | 170,000 | 0 | 0 | 0 | 1,650,000 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 606,572 | 0 | 0 | 0 | 0 | 0 | -181,771 | -414,214 | -344,919 | 940,904 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| cash flow from financing | 0 | 0 | 0 | -181,771 | -414,214 | -420,577 | 1,358,117 | |||
| cash and cash equivalents | ||||||||||
| cash | -23,430 | 4,311 | 23,248 | -591 | 549 | -100,374 | 483 | 25,113 | 74,074 | 813 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -23,430 | 4,311 | 23,248 | -591 | 549 | -100,374 | 483 | 25,113 | 74,074 | 813 |
bel estates limited Credit Report and Business Information
Bel Estates Limited Competitor Analysis
Perform a competitor analysis for bel estates limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NE6 area or any other competitors across 12 key performance metrics.
bel estates limited Ownership
BEL ESTATES LIMITED group structure
Bel Estates Limited has no subsidiary companies.
Ultimate parent company
2291 LEB LTD
#0108544
2 parents
BEL ESTATES LIMITED
08523132
bel estates limited directors
Bel Estates Limited currently has 3 directors. The longest serving directors include Mr Alexander Lamb (Jul 2013) and Jonathan Lamb (Jul 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Lamb | 53 years | Jul 2013 | - | Director | |
| Jonathan Lamb | United Kingdom | 47 years | Jul 2013 | - | Director |
| Mrs Laura Joicey | United Kingdom | 48 years | Mar 2018 | - | Director |
P&L
November 2023turnover
155.3k
+40%
operating profit
-128.2k
0%
gross margin
30.1%
+4.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
1.9m
-0.06%
total assets
2.8m
+0.28%
cash
4.2k
-0.85%
net assets
Total assets minus all liabilities
bel estates limited company details
company number
08523132
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
May 2013
age
11
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
November 2023
previous names
timec 1416 limited (September 2013)
accountant
-
auditor
-
address
11 glasshouse street, st peters, newcastle upon tyne, tyne & wear, NE6 1BS
Bank
-
Legal Advisor
-
bel estates 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 2 charges/mortgages relating to bel estates limited. Currently there are 1 open charges and 1 have been satisfied in the past.
bel estates 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 BEL ESTATES LIMITED. This can take several minutes, an email will notify you when this has completed.
bel estates limited Companies House Filings - See Documents
| date | description | view/download |
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