01 lettings limited
01 lettings limited Company Information
Company Number
09058170
Website
-Registered Address
alum house 5 alum chine road, westbourne, bournemouth, dorset, BH4 8DT
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
596 days late
Group Structure
View All
Directors
Lawrence Allen10 Years
Shareholders
lawrence george allen 100%
01 lettings limited Estimated Valuation
Pomanda estimates the enterprise value of 01 LETTINGS LIMITED at £374.9k based on a Turnover of £123.8k and 3.03x industry multiple (adjusted for size and gross margin).
01 lettings limited Estimated Valuation
Pomanda estimates the enterprise value of 01 LETTINGS LIMITED at £132.9k based on an EBITDA of £19.2k and a 6.92x industry multiple (adjusted for size and gross margin).
01 lettings limited Estimated Valuation
Pomanda estimates the enterprise value of 01 LETTINGS LIMITED at £1.3k based on Net Assets of £783 and 1.62x industry multiple (adjusted for liquidity).
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01 Lettings Limited Overview
01 Lettings Limited is a live company located in bournemouth, BH4 8DT with a Companies House number of 09058170. 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 lawrence george allen with a 100% stake. 01 Lettings Limited is a established, micro sized company, Pomanda has estimated its turnover at £123.8k with rapid growth in recent years.
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01 Lettings Limited Health Check
Pomanda's financial health check has awarded 01 Lettings Limited a 3 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
2 Regular
5 Weak
Size
annual sales of £123.8k, make it smaller than the average company (£658.7k)
- 01 Lettings Limited
£658.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 138%, show it is growing at a faster rate (1.2%)
- 01 Lettings Limited
1.2% - Industry AVG
Production
with a gross margin of 71%, this company has a comparable cost of product (71%)
- 01 Lettings Limited
71% - Industry AVG
Profitability
an operating margin of 14.4% make it less profitable than the average company (38.6%)
- 01 Lettings Limited
38.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - 01 Lettings Limited
4 - Industry AVG
Pay Structure
on an average salary of £27.5k, the company has an equivalent pay structure (£27.5k)
- 01 Lettings Limited
£27.5k - Industry AVG
Efficiency
resulting in sales per employee of £61.9k, this is less efficient (£138.1k)
- 01 Lettings Limited
£138.1k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (36 days)
- 01 Lettings Limited
36 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- 01 Lettings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 01 Lettings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 89 weeks, this is more cash available to meet short term requirements (13 weeks)
89 weeks - 01 Lettings Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.8%, this is a higher level of debt than the average (66.3%)
97.8% - 01 Lettings Limited
66.3% - Industry AVG
01 LETTINGS LIMITED financials
01 Lettings Limited's latest turnover from May 2021 is estimated at £123.8 thousand and the company has net assets of £783. According to their latest financial statements, 01 Lettings Limited has 2 employees and maintains cash reserves of £27.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 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 | 2 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,125 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,125 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,900 | 0 | 0 | 487 | 1,023 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 567 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 27,365 | 7,287 | 0 | 0 | 0 | 375 | 683 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 31,832 | 7,287 | 0 | 487 | 1,023 | 375 | 683 |
| total assets | 35,957 | 7,287 | 0 | 487 | 1,023 | 375 | 683 |
| Bank overdraft | 2,275 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 6,139 | 6,626 | 2,569 | 6,258 | 890 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 13,636 | 10,200 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 15,911 | 10,200 | 6,139 | 6,626 | 2,569 | 6,258 | 890 |
| loans | 18,479 | 10,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 1,944 | 1,944 | 1,440 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 784 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 19,263 | 10,000 | 1,944 | 1,944 | 1,440 | 0 | 0 |
| total liabilities | 35,174 | 20,200 | 8,083 | 8,570 | 4,009 | 6,258 | 890 |
| net assets | 783 | -12,913 | -8,083 | -8,083 | -2,986 | -5,883 | -207 |
| total shareholders funds | 783 | -12,913 | -8,083 | -8,083 | -2,986 | -5,883 | -207 |
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 1,375 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,467 | 0 | -487 | -536 | 1,023 | 0 | 0 |
| Creditors | 0 | -6,139 | -487 | 4,057 | -3,689 | 5,368 | 890 |
| Accruals and Deferred Income | 3,436 | 8,256 | 0 | 504 | 1,440 | 0 | 0 |
| Deferred Taxes & Provisions | 784 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 8,479 | 10,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 20,078 | 7,287 | 0 | 0 | -375 | -308 | 683 |
| overdraft | 2,275 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 17,803 | 7,287 | 0 | 0 | -375 | -308 | 683 |
01 lettings limited Credit Report and Business Information
01 Lettings Limited Competitor Analysis
Perform a competitor analysis for 01 lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BH4 area or any other competitors across 12 key performance metrics.
01 lettings limited Ownership
01 LETTINGS LIMITED group structure
01 Lettings Limited has no subsidiary companies.
Ultimate parent company
01 LETTINGS LIMITED
09058170
01 lettings limited directors
01 Lettings Limited currently has 1 director, Mr Lawrence Allen serving since May 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lawrence Allen | England | 44 years | May 2014 | - | Director |
P&L
May 2021turnover
123.8k
-16%
operating profit
17.8k
0%
gross margin
71.1%
-1.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2021net assets
783
-1.06%
total assets
36k
+3.93%
cash
27.4k
+2.76%
net assets
Total assets minus all liabilities
01 lettings limited company details
company number
09058170
Type
Private limited with Share Capital
industry
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
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2021
previous names
N/A
accountant
SIMPSON ASSOCIATES
auditor
-
address
alum house 5 alum chine road, westbourne, bournemouth, dorset, BH4 8DT
Bank
-
Legal Advisor
-
01 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 01 lettings limited.
01 lettings limited Companies House Filings - See Documents
| date | description | view/download |
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