new elite properties ltd
new elite properties ltd Company Information
Company Number
08787251
Next Accounts
Dec 2025
Directors
Shareholders
pramod tekchandani
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
+1Registered Address
124 city road, london, EC1V 2NX
Website
-new elite properties ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW ELITE PROPERTIES LTD at £411.4k based on a Turnover of £140.3k and 2.93x industry multiple (adjusted for size and gross margin).
new elite properties ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW ELITE PROPERTIES LTD at £229.4k based on an EBITDA of £32.8k and a 6.99x industry multiple (adjusted for size and gross margin).
new elite properties ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW ELITE PROPERTIES LTD at £93.5k based on Net Assets of £52.5k and 1.78x industry multiple (adjusted for liquidity).
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New Elite Properties Ltd Overview
New Elite Properties Ltd is a live company located in london, EC1V 2NX with a Companies House number of 08787251. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2013, it's largest shareholder is pramod tekchandani with a 100% stake. New Elite Properties Ltd is a established, micro sized company, Pomanda has estimated its turnover at £140.3k with unknown growth in recent years.
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New Elite Properties Ltd Health Check
Pomanda's financial health check has awarded New Elite Properties Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
4 Weak
Size
annual sales of £140.3k, make it smaller than the average company (£660.6k)
- New Elite Properties Ltd
£660.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- New Elite Properties Ltd
- - Industry AVG
Production
with a gross margin of 67.5%, this company has a comparable cost of product (67.5%)
- New Elite Properties Ltd
67.5% - Industry AVG
Profitability
an operating margin of 23.4% make it more profitable than the average company (18.8%)
- New Elite Properties Ltd
18.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - New Elite Properties Ltd
5 - Industry AVG
Pay Structure
on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)
- New Elite Properties Ltd
£36.2k - Industry AVG
Efficiency
resulting in sales per employee of £140.3k, this is equally as efficient (£140.3k)
- New Elite Properties Ltd
£140.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- New Elite Properties Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- New Elite Properties Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- New Elite Properties Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (29 weeks)
1 weeks - New Elite Properties Ltd
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.2%, this is a higher level of debt than the average (61.9%)
83.2% - New Elite Properties Ltd
61.9% - Industry AVG
NEW ELITE PROPERTIES LTD financials
New Elite Properties Ltd's latest turnover from March 2024 is estimated at £140.3 thousand and the company has net assets of £52.5 thousand. According to their latest financial statements, New Elite Properties Ltd has 1 employee and maintains cash reserves of £1.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 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 | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 300,000 | 220,000 | 220,000 | 220,000 | 220,000 | 215,000 | 210,000 | 201,405 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 300,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 300,000 | 300,000 | 220,000 | 220,000 | 220,000 | 220,000 | 215,000 | 210,000 | 201,405 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 10,413 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,070 | 3,505 | 9,473 | 0 | 0 | 0 | 0 | 0 | 1,095 | 0 |
| misc current assets | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,483 | 3,506 | 9,473 | 0 | 0 | 0 | 0 | 0 | 1,095 | 0 |
| total assets | 311,483 | 303,506 | 229,473 | 220,000 | 220,000 | 220,000 | 215,000 | 210,000 | 202,500 | 0 |
| 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 | 0 | 0 | 7,537 | 62,437 | 62,437 | 62,437 | 62,437 | 55,437 | 8,479 | 0 |
| Group/Directors Accounts | 30,184 | 30,043 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 3,348 | 860 | 17,568 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 33,532 | 30,903 | 25,105 | 62,437 | 62,437 | 62,437 | 62,437 | 55,437 | 8,479 | 0 |
| loans | 202,774 | 204,953 | 45,893 | 0 | 0 | 0 | 0 | 0 | 193,905 | 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 | 161,240 | 161,240 | 161,240 | 161,240 | 161,240 | 157,500 | 0 | 0 |
| provisions | 22,700 | 22,700 | 0 | 7,500 | 5,000 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 225,474 | 227,653 | 207,133 | 168,740 | 166,240 | 161,240 | 161,240 | 157,500 | 193,905 | 0 |
| total liabilities | 259,006 | 258,556 | 232,238 | 231,177 | 228,677 | 223,677 | 223,677 | 212,937 | 202,384 | 0 |
| net assets | 52,477 | 44,950 | -2,765 | -11,177 | -8,677 | -3,677 | -8,677 | -2,937 | 116 | 0 |
| total shareholders funds | 52,477 | 44,950 | -2,765 | -11,177 | -8,677 | -3,677 | -8,677 | -2,937 | 116 | 0 |
| Mar 2024 | Mar 2023 | Mar 2022 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 10,413 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | -7,537 | 7,537 | 0 | 0 | 0 | 7,000 | 46,958 | 8,479 | 0 |
| Accruals and Deferred Income | 2,488 | -16,708 | 17,568 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 22,700 | 0 | 2,500 | 5,000 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 300,000 | 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 | 0 |
| Group/Directors Accounts | 141 | 30,043 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -2,179 | 159,060 | 45,893 | 0 | 0 | 0 | 0 | -193,905 | 193,905 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -161,240 | 161,240 | 0 | 0 | 0 | 3,740 | 157,500 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -2,435 | -5,968 | 9,473 | 0 | 0 | 0 | 0 | -1,095 | 1,095 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,435 | -5,968 | 9,473 | 0 | 0 | 0 | 0 | -1,095 | 1,095 | 0 |
new elite properties ltd Credit Report and Business Information
New Elite Properties Ltd Competitor Analysis
Perform a competitor analysis for new elite properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.
new elite properties ltd Ownership
NEW ELITE PROPERTIES LTD group structure
New Elite Properties Ltd has no subsidiary companies.
Ultimate parent company
NEW ELITE PROPERTIES LTD
08787251
new elite properties ltd directors
New Elite Properties Ltd currently has 1 director, Mr Monish Tekchandani serving since Dec 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Monish Tekchandani | United Kingdom | 27 years | Dec 2018 | - | Director |
P&L
March 2024turnover
140.3k
+8%
operating profit
32.8k
0%
gross margin
67.5%
-5.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
52.5k
+0.17%
total assets
311.5k
+0.03%
cash
1.1k
-0.69%
net assets
Total assets minus all liabilities
new elite properties ltd company details
company number
08787251
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
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
November 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
finance and investment ltd (October 2016)
accountant
-
auditor
-
address
124 city road, london, EC1V 2NX
Bank
-
Legal Advisor
-
new elite properties ltd 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 3 charges/mortgages relating to new elite properties ltd. Currently there are 0 open charges and 3 have been satisfied in the past.
new elite properties ltd 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.
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new elite properties ltd Companies House Filings - See Documents
| date | description | view/download |
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