purple letting limited

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purple letting limited Company Information

Share PURPLE LETTING LIMITED
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EstablishedSmallHealthy

Company Number

08555351

Registered Address

42 drake circus, plymouth, devon, PL4 8AB

Industry

Management of real estate on a fee or contract basis

 

Telephone

01752600014

Next Accounts Due

March 2025

Group Structure

View All

Directors

Sergios Shemetras11 Years

Shareholders

sergios shemetras 100%

purple letting limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of PURPLE LETTING LIMITED at £1.8m based on a Turnover of £791.9k and 2.31x industry multiple (adjusted for size and gross margin).

purple letting limited Estimated Valuation

£565.9k

Pomanda estimates the enterprise value of PURPLE LETTING LIMITED at £565.9k based on an EBITDA of £68.6k and a 8.25x industry multiple (adjusted for size and gross margin).

purple letting limited Estimated Valuation

£189k

Pomanda estimates the enterprise value of PURPLE LETTING LIMITED at £189k based on Net Assets of £115.4k and 1.64x industry multiple (adjusted for liquidity).

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Purple Letting Limited Overview

Purple Letting Limited is a live company located in devon, PL4 8AB with a Companies House number of 08555351. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in June 2013, it's largest shareholder is sergios shemetras with a 100% stake. Purple Letting Limited is a established, small sized company, Pomanda has estimated its turnover at £791.9k with healthy growth in recent years.

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Purple Letting Limited Health Check

Pomanda's financial health check has awarded Purple Letting Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £791.9k, make it smaller than the average company (£1m)

£791.9k - Purple Letting Limited

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (4.3%)

11% - Purple Letting Limited

4.3% - Industry AVG

production

Production

with a gross margin of 51.9%, this company has a comparable cost of product (51.9%)

51.9% - Purple Letting Limited

51.9% - Industry AVG

profitability

Profitability

an operating margin of 7.9% make it less profitable than the average company (10%)

7.9% - Purple Letting Limited

10% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (10)

7 - Purple Letting Limited

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.3k, the company has an equivalent pay structure (£43.3k)

£43.3k - Purple Letting Limited

£43.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £113.1k, this is equally as efficient (£104.3k)

£113.1k - Purple Letting Limited

£104.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 44 days, this is later than average (32 days)

44 days - Purple Letting Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 79 days, this is slower than average (32 days)

79 days - Purple Letting Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Purple Letting Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (21 weeks)

9 weeks - Purple Letting Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 82.6%, this is a similar level of debt than the average (79.4%)

82.6% - Purple Letting Limited

79.4% - Industry AVG

PURPLE LETTING LIMITED financials

EXPORTms excel logo

Purple Letting Limited's latest turnover from June 2023 is estimated at £791.9 thousand and the company has net assets of £115.4 thousand. According to their latest financial statements, Purple Letting Limited has 7 employees and maintains cash reserves of £89.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014
Turnover791,940453,498546,402576,048292,453258,542355,248174,767539,48072,259
Other Income Or Grants0000000000
Cost Of Sales380,678185,597270,325296,908140,092127,598160,59280,883291,01739,270
Gross Profit411,262267,901276,077279,139152,360130,944194,65793,885248,46332,989
Admin Expenses348,608274,049224,977264,805168,579116,585150,09391,614248,54023,836
Operating Profit62,654-6,14851,10014,334-16,21914,35944,5642,271-779,153
Interest Payable11,7125,5323,2461,3023185153,0632,85200
Interest Receivable4,324743564926214524729346
Pre-Tax Profit55,265-10,93847,91013,080-16,27513,98941,525-508169,199
Tax-13,8160-9,103-2,4850-2,658-7,8900-3-1,932
Profit After Tax41,449-10,93838,80710,595-16,27511,33133,635-508137,267
Dividends Paid0000000000
Retained Profit41,449-10,93838,80710,595-16,27511,33133,635-508137,267
Employee Costs303,262283,785267,015219,582143,424172,149171,46373,292170,66234,799
Number Of Employees7776455251
EBITDA*68,560-1858,94423,590-5,25421,56253,2047,1923759,618

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014
Tangible Assets27,11026,59532,49537,01741,78231,99936,77025,2612,5622,635
Intangible Assets14,379000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets41,48926,59532,49537,01741,78231,99936,77025,2612,5622,635
Stock & work in progress0000000000
Trade Debtors97,31557,50171,99172,07339,96629,80352,05830,71149,5150
Group Debtors72,86150,361106,0000000000
Misc Debtors360,253230,810179,457149,221144,802137,437136,48884,21200
Cash89,70283,24635,56777,04320,67949,2058,86910,06418,89418,217
misc current assets0000000000
total current assets620,131421,918393,015298,337205,447216,445197,415124,98768,40918,217
total assets661,620448,513425,510335,354247,229248,444234,185150,24870,97120,852
Bank overdraft005,55600010,26312,25600
Bank loan5,5565,5560833000000
Trade Creditors 82,48031,04934,02839,25316,3955738671463,69013,584
Group/Directors Accounts15,77421,62928,77341,49942,26942,57642,57618,04800
other short term finances89,48241,06118,03813,8663,8275,584075,48700
hp & lease commitments0000000000
other current liabilities320,080229,796199,051150,473117,028129,785117,36027,00300
total current liabilities513,372329,091285,446245,924179,519178,518171,066132,80863,69013,584
loans32,87138,42743,98224,167000000
hp & lease commitments07,06711,21619,20432,24618,18722,71110,66700
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions0000000000
total long term liabilities32,87145,49455,19843,37132,24618,18722,71110,66700
total liabilities546,243374,585340,644289,295211,765196,705193,777143,47563,69013,584
net assets115,37773,92884,86646,05935,46451,73940,4086,7737,2817,268
total shareholders funds115,37773,92884,86646,05935,46451,73940,4086,7737,2817,268
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014
Operating Activities
Operating Profit62,654-6,14851,10014,334-16,21914,35944,5642,271-779,153
Depreciation5,7856,1307,8449,25610,9657,2038,6404,921452465
Amortisation121000000000
Tax-13,8160-9,103-2,4850-2,658-7,8900-3-1,932
Stock0000000000
Debtors191,757-18,776136,15436,52617,528-21,30673,62365,40849,5150
Creditors51,431-2,979-5,22522,85815,822-294853-63,67650,10613,584
Accruals and Deferred Income90,28430,74548,57833,445-12,75712,42590,35727,00300
Deferred Taxes & Provisions0000000000
Cash flow from operations4,70246,524-42,96040,882-19,71752,34162,901-94,88996321,270
Investing Activities
capital expenditure-20,800-230-3,322-4,491-20,748-2,432-20,149-27,620-379-3,100
Change in Investments0000000000
cash flow from investments-20,800-230-3,322-4,491-20,748-2,432-20,149-27,620-379-3,100
Financing Activities
Bank loans05,556-833833000000
Group/Directors Accounts-5,855-7,144-12,726-770-307024,52818,04800
Other Short Term Loans 48,42123,0234,17210,039-1,7575,584-75,48775,48700
Long term loans-5,556-5,55519,81524,167000000
Hire Purchase and Lease Commitments-7,067-4,149-7,988-13,04214,059-4,52412,04410,66700
other long term liabilities0000000000
share issue0000000001
interest-7,388-4,789-3,190-1,253-56-370-3,039-2,7809346
cash flow from financing22,5556,942-75019,97411,939690-41,954101,4229347
cash and cash equivalents
cash6,45647,679-41,47656,364-28,52640,336-1,195-8,83067718,217
overdraft0-5,5565,55600-10,263-1,99312,25600
change in cash6,45653,235-47,03256,364-28,52650,599798-21,08667718,217

purple letting 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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Purple Letting Limited Competitor Analysis

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Perform a competitor analysis for purple letting limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in PL4 area or any other competitors across 12 key performance metrics.

purple letting limited Ownership

PURPLE LETTING LIMITED group structure

Purple Letting Limited has no subsidiary companies.

Ultimate parent company

PURPLE LETTING LIMITED

08555351

PURPLE LETTING LIMITED Shareholders

sergios shemetras 100%

purple letting limited directors

Purple Letting Limited currently has 1 director, Mr Sergios Shemetras serving since Jun 2013.

officercountryagestartendrole
Mr Sergios ShemetrasUnited Kingdom36 years Jun 2013- Director

P&L

June 2023

turnover

791.9k

+75%

operating profit

62.7k

0%

gross margin

52%

-12.09%

turnover

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

Balance Sheet

June 2023

net assets

115.4k

+0.56%

total assets

661.6k

+0.48%

cash

89.7k

+0.08%

net assets

Total assets minus all liabilities

purple letting limited company details

company number

08555351

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

June 2013

age

11

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2023

previous names

plymouth letting limited (July 2017)

accountant

FREEMANS PARTNERSHIP LLP

auditor

-

address

42 drake circus, plymouth, devon, PL4 8AB

Bank

-

Legal Advisor

-

purple letting 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 did not find charges/mortgages relating to purple letting limited.

charges

purple letting limited Companies House Filings - See Documents

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