priestgate estates ltd
priestgate estates ltd Company Information
Company Number
08998371
Next Accounts
Jan 2025
Industry
Development of building projects
Shareholders
tejinderpal singh matharu
mr ramnek singh matharu
View AllGroup Structure
View All
Contact
Registered Address
1 egerton court, 4 old brompton road, london, SW7 3HT
Website
grangehotels.compriestgate estates ltd Estimated Valuation
Pomanda estimates the enterprise value of PRIESTGATE ESTATES LTD at £535k based on a Turnover of £1m and 0.52x industry multiple (adjusted for size and gross margin).
priestgate estates ltd Estimated Valuation
Pomanda estimates the enterprise value of PRIESTGATE ESTATES LTD at £59.2k based on an EBITDA of £15.8k and a 3.74x industry multiple (adjusted for size and gross margin).
priestgate estates ltd Estimated Valuation
Pomanda estimates the enterprise value of PRIESTGATE ESTATES LTD at £5.5m based on Net Assets of £4m and 1.38x industry multiple (adjusted for liquidity).
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Priestgate Estates Ltd Overview
Priestgate Estates Ltd is a live company located in london, SW7 3HT with a Companies House number of 08998371. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2014, it's largest shareholder is tejinderpal singh matharu with a 50% stake. Priestgate Estates Ltd is a established, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.
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Priestgate Estates Ltd Health Check
Pomanda's financial health check has awarded Priestgate Estates Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £1m, make it smaller than the average company (£2.2m)
- Priestgate Estates Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (2.8%)
- Priestgate Estates Ltd
2.8% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
- Priestgate Estates Ltd
26.4% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (7.6%)
- Priestgate Estates Ltd
7.6% - Industry AVG
Employees
with 5 employees, this is similar to the industry average (6)
5 - Priestgate Estates Ltd
6 - Industry AVG
Pay Structure
on an average salary of £47k, the company has an equivalent pay structure (£47k)
- Priestgate Estates Ltd
£47k - Industry AVG
Efficiency
resulting in sales per employee of £207.3k, this is less efficient (£277.2k)
- Priestgate Estates Ltd
£277.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Priestgate Estates Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (31 days)
- Priestgate Estates Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 222 days, this is more than average (155 days)
- Priestgate Estates Ltd
155 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 399 weeks, this is more cash available to meet short term requirements (14 weeks)
399 weeks - Priestgate Estates Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.9%, this is a lower level of debt than the average (72.5%)
3.9% - Priestgate Estates Ltd
72.5% - Industry AVG
PRIESTGATE ESTATES LTD financials
Priestgate Estates Ltd's latest turnover from April 2023 is estimated at £1 million and the company has net assets of £4 million. According to their latest financial statements, Priestgate Estates Ltd has 5 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 47,921 | 60,248 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 100 | 100 | 100 | 100 | 100 | 100 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 48,021 | 60,348 | 100 | 100 | 100 | 100 | 0 | 0 | 0 |
| Stock & work in progress | 465,000 | 465,000 | 465,000 | 465,000 | 465,000 | 4,789,592 | 5,895,829 | 4,398,106 | 3,525,753 |
| Trade Debtors | 0 | 0 | 0 | 0 | 1,530,113 | 50,000 | 275,940 | 0 | 110,000 |
| Group Debtors | 2,366,665 | 2,366,665 | 2,366,665 | 2,366,665 | 0 | 636,400 | 0 | 0 | 0 |
| Misc Debtors | 173,273 | 87,750 | 144,307 | 52,265 | 0 | 110,894 | 56,466 | 340,899 | 0 |
| Cash | 1,071,548 | 1,098,016 | 2,475,707 | 2,747,728 | 3,579,841 | 696,596 | 416,235 | 903,251 | 38,166 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,076,486 | 4,017,431 | 5,451,679 | 5,631,658 | 5,574,954 | 6,283,482 | 6,644,470 | 5,642,256 | 3,673,919 |
| total assets | 4,124,507 | 4,077,779 | 5,451,779 | 5,631,758 | 5,575,054 | 6,283,582 | 6,644,470 | 5,642,256 | 3,673,919 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 74,058 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 102,290 | 102,289 | 175,129 | 229,898 | 2,389,241 | 32,312 | 0 | 2,100 | 2,806,069 |
| 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 | 37,343 | 36,934 | 1,346,206 | 1,472,334 | 0 | 4,860,373 | 5,986,665 | 4,694,444 | 0 |
| total current liabilities | 139,633 | 139,223 | 1,521,335 | 1,702,232 | 2,389,241 | 4,892,685 | 5,986,665 | 4,770,602 | 2,806,069 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 715,580 | 495,509 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 296,232 |
| provisions | 20,552 | 11,447 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 20,552 | 11,447 | 0 | 0 | 0 | 0 | 0 | 715,580 | 791,741 |
| total liabilities | 160,185 | 150,670 | 1,521,335 | 1,702,232 | 2,389,241 | 4,892,685 | 5,986,665 | 5,486,182 | 3,597,810 |
| net assets | 3,964,322 | 3,927,109 | 3,930,444 | 3,929,526 | 3,185,813 | 1,390,897 | 657,805 | 156,074 | 76,109 |
| total shareholders funds | 3,964,322 | 3,927,109 | 3,930,444 | 3,929,526 | 3,185,813 | 1,390,897 | 657,805 | 156,074 | 76,109 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 12,327 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | -4,324,592 | -1,106,237 | 1,497,723 | 872,353 | 3,525,753 |
| Debtors | 85,523 | -56,557 | 92,042 | 888,817 | 732,819 | 464,888 | -8,493 | 230,899 | 110,000 |
| Creditors | 1 | -72,840 | -54,769 | -2,159,343 | 2,356,929 | 32,312 | -2,100 | -2,803,969 | 2,806,069 |
| Accruals and Deferred Income | 409 | -1,309,272 | -126,128 | 1,472,334 | -4,860,373 | -1,126,292 | 1,292,221 | 4,694,444 | 0 |
| Deferred Taxes & Provisions | 9,105 | 11,447 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 100 | 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 | -715,580 | 220,071 | 495,509 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -296,232 | 296,232 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -26,468 | -1,377,691 | -272,021 | -832,113 | 2,883,245 | 280,361 | -487,016 | 865,085 | 38,166 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -74,058 | 74,058 | 0 |
| change in cash | -26,468 | -1,377,691 | -272,021 | -832,113 | 2,883,245 | 280,361 | -412,958 | 791,027 | 38,166 |
priestgate estates ltd Credit Report and Business Information
Priestgate Estates Ltd Competitor Analysis
Perform a competitor analysis for priestgate estates ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SW7 area or any other competitors across 12 key performance metrics.
priestgate estates ltd Ownership
PRIESTGATE ESTATES LTD group structure
Priestgate Estates Ltd has 1 subsidiary company.
priestgate estates ltd directors
Priestgate Estates Ltd currently has 2 directors. The longest serving directors include Mr Gurnek Matharu (Apr 2014) and Mr Ramnek Matharu (Jun 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gurnek Matharu | England | 49 years | Apr 2014 | - | Director |
| Mr Ramnek Matharu | United Kingdom | 49 years | Jun 2014 | - | Director |
P&L
April 2023turnover
1m
+4%
operating profit
3.5k
0%
gross margin
26.4%
+4.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
4m
+0.01%
total assets
4.1m
+0.01%
cash
1.1m
-0.02%
net assets
Total assets minus all liabilities
Similar Companies
priestgate estates ltd company details
company number
08998371
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
April 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
JOHN CUMMING ROSS LIMITED
auditor
-
address
1 egerton court, 4 old brompton road, london, SW7 3HT
Bank
-
Legal Advisor
-
priestgate estates 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 did not find charges/mortgages relating to priestgate estates ltd.
priestgate estates 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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priestgate estates ltd Companies House Filings - See Documents
| date | description | view/download |
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