Pomanda estimates the enterprise value of CASTLE POINT LETTINGS LIMITED at £755.1k based on a Turnover of £227.5k and 3.32x industry multiple (adjusted for size and gross margin).
castle point lettings limitedEstimated Valuation
£1.1m
Pomanda estimates the enterprise value of CASTLE POINT LETTINGS LIMITED at £1.1m based on an EBITDA of £173.5k and a 6.49x industry multiple (adjusted for size and gross margin).
castle point lettings limitedEstimated Valuation
£5.5m
Pomanda estimates the enterprise value of CASTLE POINT LETTINGS LIMITED at £5.5m based on Net Assets of £3.1m and 1.75x industry multiple (adjusted for liquidity).
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Castle Point Lettings LimitedOverview
Castle Point Lettings Limited is a live company located in essex, SS8 7AE with a Companies House number of 09038751. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 2014, it's largest shareholder is
keith wells
with a 50% stake. Castle Point Lettings Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£227.5k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Castle Point Lettings Limited 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
Health Rating3.5out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £227.5k, make it smaller than the average company (£984.5k)
£227.5k - Castle Point Lettings Limited
£984.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (5.7%)
13% - Castle Point Lettings Limited
5.7% - Industry AVG
Production
with a gross margin of 72.4%, this company has a comparable cost of product (72.4%)
72.4% - Castle Point Lettings Limited
72.4% - Industry AVG
Profitability
an operating margin of 76.3% make it more profitable than the average company (28.7%)
76.3% - Castle Point Lettings Limited
28.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Castle Point Lettings Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)
£33.8k - Castle Point Lettings Limited
£33.8k - Industry AVG
Efficiency
resulting in sales per employee of £113.8k, this is less efficient (£198.4k)
£113.8k - Castle Point Lettings Limited
£198.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Castle Point Lettings Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (36 days)
16 days - Castle Point Lettings Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Castle Point Lettings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Castle Point Lettings Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.9%, this is a lower level of debt than the average (69.4%)
23.9% - Castle Point Lettings Limited
69.4% - Industry AVG
CASTLE POINT LETTINGS LIMITED financials
EXPORT
Castle Point Lettings Limited's latest turnover from August 2024 is estimated at £227.5 thousand and the company has net assets of £3.1 million. According to their latest financial statements, Castle Point Lettings Limited has 2 employees and maintains cash reserves of £9.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Turnover
227,518
120,968
180,136
156,213
168,095
177,278
181,577
151,279
19,023
2,542,988
Other Income Or Grants
Cost Of Sales
62,700
32,784
50,134
45,994
47,284
53,335
48,863
39,471
5,143
846,425
Gross Profit
164,818
88,184
130,001
110,220
120,811
123,943
132,714
111,808
13,880
1,696,563
Admin Expenses
-8,671
-96,131
-23,698
-38,918
-8,785
-20,016
-1,360
-45,101
-44,221
1,697,294
Operating Profit
173,489
184,315
153,699
149,138
129,596
143,959
134,074
156,909
58,101
-731
Interest Payable
41,921
47,228
35,926
30,273
32,194
37,512
39,195
38,247
19,741
Interest Receivable
482
432
159
28
39
256
1,101
326
11
21
Pre-Tax Profit
132,049
137,520
117,932
118,893
97,442
106,704
95,980
118,989
38,371
-710
Tax
-33,012
-34,380
-22,407
-22,590
-18,514
-20,274
-18,236
-22,608
-7,674
Profit After Tax
99,037
103,140
95,525
96,303
78,928
86,430
77,744
96,381
30,697
-710
Dividends Paid
Retained Profit
99,037
103,140
95,525
96,303
78,928
86,430
77,744
96,381
30,697
-710
Employee Costs
67,507
62,000
59,688
54,347
54,294
55,117
53,064
50,664
25,800
416,000
Number Of Employees
2
2
2
2
2
2
2
2
1
16
EBITDA*
173,489
184,315
153,699
149,138
129,596
143,959
134,074
156,909
58,101
-731
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Tangible Assets
226,417
215,073
192,870
167,613
153,242
153,242
4,019,529
3,685,896
1,858,223
1,856,063
Intangible Assets
Investments & Other
3,881,710
3,881,710
3,881,710
3,881,710
3,881,710
3,881,710
Debtors (Due After 1 year)
Total Fixed Assets
4,108,127
4,096,783
4,074,580
4,049,323
4,034,952
4,034,952
4,019,529
3,685,896
1,858,223
1,856,063
Stock & work in progress
Trade Debtors
2,746
Group Debtors
Misc Debtors
2,702
3,273
2,164
2,786
2,867
Cash
9,134
10,126
6,344
11,852
43,537
35,378
32,988
260,552
485
8,510
misc current assets
total current assets
11,836
16,145
8,508
14,638
46,404
35,378
32,988
260,552
485
8,510
total assets
4,119,963
4,112,928
4,083,088
4,063,961
4,081,356
4,070,330
4,052,517
3,946,448
1,858,708
1,864,573
Bank overdraft
31,869
27,753
29,120
28,261
27,954
54,865
55,802
Bank loan
Trade Creditors
2,807
11,441
1,037
1,387
3,711
1,060
19,048
8,687
7,529
849,713
Group/Directors Accounts
576,108
640,437
674,056
718,066
781,964
841,978
867,874
824,098
other short term finances
300
hp & lease commitments
other current liabilities
37,190
34,797
28,907
29,389
42,993
24,427
22,334
25,112
789,471
total current liabilities
616,105
686,675
735,869
776,595
857,788
895,726
937,210
913,062
852,802
849,713
loans
370,381
391,813
415,919
451,591
484,096
514,060
541,193
537,016
575,917
hp & lease commitments
Accruals and Deferred Income
other liabilities
615,568
provisions
total long term liabilities
370,381
391,813
415,919
451,591
484,096
514,060
541,193
537,016
575,917
615,568
total liabilities
986,486
1,078,488
1,151,788
1,228,186
1,341,884
1,409,786
1,478,403
1,450,078
1,428,719
1,465,281
net assets
3,133,477
3,034,440
2,931,300
2,835,775
2,739,472
2,660,544
2,574,114
2,496,370
429,989
399,292
total shareholders funds
3,133,477
3,034,440
2,931,300
2,835,775
2,739,472
2,660,544
2,574,114
2,496,370
429,989
399,292
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Operating Activities
Operating Profit
173,489
184,315
153,699
149,138
129,596
143,959
134,074
156,909
58,101
-731
Depreciation
Amortisation
Tax
-33,012
-34,380
-22,407
-22,590
-18,514
-20,274
-18,236
-22,608
-7,674
Stock
Debtors
-3,317
3,855
-622
-81
2,867
Creditors
-8,634
10,404
-350
-2,324
2,651
-17,988
10,361
1,158
-842,184
849,713
Accruals and Deferred Income
2,393
5,890
-482
-13,604
18,566
2,093
-2,778
-764,359
789,471
Deferred Taxes & Provisions
Cash flow from operations
137,553
162,374
131,082
110,701
129,432
107,790
123,421
-628,900
-2,286
848,982
Investing Activities
capital expenditure
-11,344
-22,203
-25,257
-14,371
3,866,287
-333,633
-1,827,673
-2,160
-1,856,063
Change in Investments
3,881,710
cash flow from investments
-11,344
-22,203
-25,257
-14,371
-15,423
-333,633
-1,827,673
-2,160
-1,856,063
Financing Activities
Bank loans
Group/Directors Accounts
-64,329
-33,619
-44,010
-63,898
-60,014
-25,896
43,776
824,098
Other Short Term Loans
-300
300
Long term loans
-21,432
-24,106
-35,672
-32,505
-29,964
-27,133
4,177
-38,901
575,917
Hire Purchase and Lease Commitments
other long term liabilities
-615,568
615,568
share issue
1,970,000
400,002
interest
-41,439
-46,796
-35,767
-30,245
-32,155
-37,256
-38,094
-37,921
-19,730
21
cash flow from financing
-127,200
-104,521
-115,449
-126,648
-122,133
-90,285
9,559
2,717,576
-59,381
1,015,591
cash and cash equivalents
cash
-992
3,782
-5,508
-31,685
8,159
2,390
-227,564
260,067
-8,025
8,510
overdraft
-31,869
4,116
-1,367
859
307
-26,911
-937
55,802
change in cash
-992
35,651
-9,624
-30,318
7,300
2,083
-200,653
261,004
-63,827
8,510
castle point lettings limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for castle point lettings limited. Get real-time insights into castle point lettings limited's credit score, group structure and payment trends.
Perform a competitor analysis for castle point lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SS8 area or any other competitors across 12 key performance metrics.
castle point lettings limited Ownership
CASTLE POINT LETTINGS LIMITED group structure
Castle Point Lettings Limited has no subsidiary companies.
Ultimate parent company
CASTLE POINT LETTINGS LIMITED
09038751
CASTLE POINT LETTINGS LIMITED Shareholders
The largest shareholders in Castle Point Lettings Limited include Keith Wells and Alan Foster.
keith wells
50%
alan foster
50%
castle point lettings limited directors
Castle Point Lettings Limited currently has 2 directors.
The longest serving directors include
Mr Keith Wells (May 2014) and
Mr Alan Foster (May 2014).
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 2014
age
11
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
August 2024
previous names
N/A
accountant
MSB & CO CANVEY ISLAND LIMITED
auditor
-
address
14 furtherwick road, canvey island, essex, SS8 7AE
Bank
-
Legal Advisor
-
castle point lettings 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 castle point lettings limited.
castle point lettings 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.
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castle point lettings limitedCompanies House Filings - See Documents
