descon properties limited
descon properties limited Company Information
Company Number
08690215
Website
www.desconproperties.co.ukRegistered Address
160-162 cranbrook road, ilford, IG1 4PE
Industry
Management of real estate on a fee or contract basis
Telephone
02082151138
Next Accounts Due
82 days late
Group Structure
View All
Directors
Ahsan Azim11 Years
Shareholders
mr ahsan azim 100%
descon properties limited Estimated Valuation
Pomanda estimates the enterprise value of DESCON PROPERTIES LIMITED at £124.6k based on a Turnover of £102.6k and 1.21x industry multiple (adjusted for size and gross margin).
descon properties limited Estimated Valuation
Pomanda estimates the enterprise value of DESCON PROPERTIES LIMITED at £16.2k based on an EBITDA of £3.9k and a 4.11x industry multiple (adjusted for size and gross margin).
descon properties limited Estimated Valuation
Pomanda estimates the enterprise value of DESCON PROPERTIES LIMITED at £0 based on Net Assets of £-1k and 0.82x industry multiple (adjusted for liquidity).
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Descon Properties Limited Overview
Descon Properties Limited is a live company located in ilford, IG1 4PE with a Companies House number of 08690215. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in September 2013, it's largest shareholder is mr ahsan azim with a 100% stake. Descon Properties Limited is a established, micro sized company, Pomanda has estimated its turnover at £102.6k with rapid growth in recent years.
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Descon Properties Limited Health Check
Pomanda's financial health check has awarded Descon Properties Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £102.6k, make it smaller than the average company (£927.5k)
- Descon Properties Limited
£927.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 131%, show it is growing at a faster rate (2.1%)
- Descon Properties Limited
2.1% - Industry AVG
Production
with a gross margin of 11.3%, this company has a higher cost of product (44.8%)
- Descon Properties Limited
44.8% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (9.7%)
- Descon Properties Limited
9.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
- Descon Properties Limited
9 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Descon Properties Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £102.6k, this is equally as efficient (£92.2k)
- Descon Properties Limited
£92.2k - Industry AVG
Debtor Days
it gets paid by customers after 162 days, this is later than average (35 days)
- Descon Properties Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (33 days)
- Descon Properties Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Descon Properties Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Descon Properties Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.6%, this is a higher level of debt than the average (81.4%)
100.6% - Descon Properties Limited
81.4% - Industry AVG
DESCON PROPERTIES LIMITED financials
Descon Properties Limited's latest turnover from September 2022 is estimated at £102.6 thousand and the company has net assets of -£1 thousand. According to their latest financial statements, we estimate that Descon Properties Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 120,998 | 121,514 | 3,584 | 4,480 | 5,600 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 120,998 | 121,514 | 3,584 | 4,480 | 5,600 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 45,784 | 49,832 | 43,840 | 2,731 | 145,303 | 1,875 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 5,750 | 100 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 45,784 | 49,832 | 43,840 | 2,731 | 145,303 | 7,625 | 100 | 0 | 0 |
| total assets | 166,782 | 171,346 | 47,424 | 7,211 | 150,903 | 7,625 | 100 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,350 | 1,661 | 2,336 | 1,261 | 850 | 750 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,350 | 1,661 | 2,336 | 1,261 | 850 | 750 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 165,460 | 173,900 | 50,000 | 20,128 | 179,881 | 49,415 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 165,460 | 173,900 | 50,000 | 20,128 | 179,881 | 49,415 | 0 | 0 | 0 |
| total liabilities | 167,810 | 175,561 | 52,336 | 21,389 | 180,731 | 50,165 | 0 | 0 | 0 |
| net assets | -1,028 | -4,215 | -4,912 | -14,178 | -29,828 | -42,540 | 100 | 0 | 0 |
| total shareholders funds | -1,028 | -4,215 | -4,912 | -14,178 | -29,828 | -42,540 | 100 | 0 | 0 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | ||||||||
| Amortisation | 0 | ||||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,048 | 5,992 | 41,109 | -142,572 | 143,428 | 1,875 | 0 | 0 | 0 |
| Creditors | 689 | -675 | 1,075 | 411 | 100 | 750 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -8,440 | 123,900 | 29,872 | -159,753 | 130,466 | 49,415 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | -5,750 | 5,650 | 100 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -5,750 | 5,650 | 100 | 0 | 0 |
descon properties limited Credit Report and Business Information
Descon Properties Limited Competitor Analysis
Perform a competitor analysis for descon properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in IG1 area or any other competitors across 12 key performance metrics.
descon properties limited Ownership
DESCON PROPERTIES LIMITED group structure
Descon Properties Limited has no subsidiary companies.
Ultimate parent company
DESCON PROPERTIES LIMITED
08690215
descon properties limited directors
Descon Properties Limited currently has 1 director, Mr Ahsan Azim serving since Sep 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ahsan Azim | England | 61 years | Sep 2013 | - | Director |
P&L
September 2022turnover
102.6k
+15%
operating profit
3.9k
0%
gross margin
11.4%
+24.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
-1k
-0.76%
total assets
166.8k
-0.03%
cash
0
0%
net assets
Total assets minus all liabilities
descon properties limited company details
company number
08690215
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
September 2013
age
11
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
ecom london limited (February 2016)
last accounts submitted
September 2022
address
160-162 cranbrook road, ilford, IG1 4PE
accountant
-
auditor
-
descon properties 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 descon properties limited.
descon properties limited Companies House Filings - See Documents
| date | description | view/download |
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