cortland cassiobury (propco) limited
cortland cassiobury (propco) limited Company Information
Company Number
09157707
Website
www.orionland.co.ukRegistered Address
leaf a, 9th floor tower 42, 25 old broad street, london, EC2N 1HQ
Industry
Development of building projects
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
cortland ascot road partners limited 100%
cortland cassiobury (propco) limited Estimated Valuation
Pomanda estimates the enterprise value of CORTLAND CASSIOBURY (PROPCO) LIMITED at £867.3k based on a Turnover of £3.7m and 0.24x industry multiple (adjusted for size and gross margin).
cortland cassiobury (propco) limited Estimated Valuation
Pomanda estimates the enterprise value of CORTLAND CASSIOBURY (PROPCO) LIMITED at £0 based on an EBITDA of £-443.9k and a 1.77x industry multiple (adjusted for size and gross margin).
cortland cassiobury (propco) limited Estimated Valuation
Pomanda estimates the enterprise value of CORTLAND CASSIOBURY (PROPCO) LIMITED at £73.2m based on Net Assets of £56.1m and 1.31x industry multiple (adjusted for liquidity).
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Cortland Cassiobury (propco) Limited Overview
Cortland Cassiobury (propco) Limited is a live company located in london, EC2N 1HQ with a Companies House number of 09157707. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2014, it's largest shareholder is cortland ascot road partners limited with a 100% stake. Cortland Cassiobury (propco) Limited is a established, small sized company, Pomanda has estimated its turnover at £3.7m with unknown growth in recent years.
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Cortland Cassiobury (propco) Limited Health Check
Pomanda's financial health check has awarded Cortland Cassiobury (Propco) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
2 Weak
Size
annual sales of £3.7m, make it larger than the average company (£2.3m)
£3.7m - Cortland Cassiobury (propco) Limited
£2.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Cortland Cassiobury (propco) Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Cortland Cassiobury (propco) Limited
- - Industry AVG
Profitability
an operating margin of -12.1% make it less profitable than the average company (9.6%)
-12.1% - Cortland Cassiobury (propco) Limited
9.6% - Industry AVG
Employees
with 13 employees, this is above the industry average (6)
- Cortland Cassiobury (propco) Limited
6 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Cortland Cassiobury (propco) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £282.9k, this is equally as efficient (£286.8k)
- Cortland Cassiobury (propco) Limited
£286.8k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (30 days)
2 days - Cortland Cassiobury (propco) Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 157 days, this is slower than average (30 days)
157 days - Cortland Cassiobury (propco) Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 380 days, this is more than average (166 days)
380 days - Cortland Cassiobury (propco) Limited
166 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (13 weeks)
12 weeks - Cortland Cassiobury (propco) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.2%, this is a lower level of debt than the average (75.1%)
64.2% - Cortland Cassiobury (propco) Limited
75.1% - Industry AVG
CORTLAND CASSIOBURY (PROPCO) LIMITED financials
Cortland Cassiobury (Propco) Limited's latest turnover from December 2022 is £3.7 million and the company has net assets of £56.1 million. According to their latest financial statements, we estimate that Cortland Cassiobury (Propco) Limited has 13 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Apr 2017 | Apr 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,677,088 | 5,083,588 | 7,500,000 | 0 | 120,835 | 277,976 | 184,954 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 3,677,088 | 5,083,588 | 7,374,664 | 0 | 22,047 | 34,859 | 15,401 | ||
| Gross Profit | 0 | 0 | 125,336 | 0 | 98,788 | 243,117 | 169,553 | ||
| Admin Expenses | 443,944 | 280,807 | 3,176,409 | 165,235 | 148,176 | 50,303 | 8,244 | ||
| Operating Profit | -443,944 | -280,807 | -3,051,073 | -165,235 | -49,388 | 192,814 | 161,309 | ||
| Interest Payable | 0 | 0 | 0 | 0 | 12,055 | 555,003 | 320,955 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 12 | ||
| Pre-Tax Profit | 16,093,842 | -1,341,896 | 10,753,563 | -165,235 | -61,443 | -362,189 | -159,634 | ||
| Tax | -4,196,593 | -37,705 | -1,558,229 | 0 | 0 | 0 | 0 | ||
| Profit After Tax | 11,897,249 | -1,379,601 | 9,195,334 | -165,235 | -61,443 | -362,189 | -159,634 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | 11,897,249 | -1,379,601 | 9,195,334 | -165,235 | -61,443 | -362,189 | -159,634 | ||
| Employee Costs | 0 | 0 | 0 | 0 | 0 | ||||
| Number Of Employees | 6 | 6 | 6 | ||||||
| EBITDA* | -443,944 | -280,807 | -3,051,073 | -165,235 | -49,388 | 192,814 | 161,309 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Apr 2017 | Apr 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 138,866,182 | 106,700,000 | 61,300,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 138,866,182 | 106,700,000 | 61,300,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 3,837,195 | 3,837,195 | 4,569,163 | 21,926,289 | 13,211,841 | 6,929,265 | 6,504,110 | 5,292,359 | 3,677,530 |
| Trade Debtors | 22,116 | 126,088 | 1,174,583 | 0 | 0 | 81,332 | 335 | 17,765 | 2,000 |
| Group Debtors | 8,499,481 | 8,549,899 | 6,083,335 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,492,793 | 2,388,713 | 2,519,596 | 1,620,696 | 285,485 | 197,295 | 91,219 | 47,298 | 0 |
| Cash | 2,891,631 | 4,210,088 | 5,389,272 | 0 | 3,392,143 | 29,490 | 118,434 | 36,562 | 70,335 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 15,731 | 0 | 0 |
| total current assets | 17,743,216 | 19,111,983 | 19,735,949 | 23,546,985 | 16,889,469 | 7,237,382 | 6,729,829 | 5,393,984 | 3,749,865 |
| total assets | 156,609,398 | 125,811,983 | 81,035,949 | 23,546,985 | 16,889,469 | 7,237,382 | 6,729,829 | 5,393,984 | 3,749,865 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,588,989 | 8,014,964 | 5,415,554 | 1,394,982 | 668,464 | 0 | 0 | 96,593 | 429,729 |
| Group/Directors Accounts | 6,212,330 | 6,212,195 | 1,510,066 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 2,375,000 | 23,165,957 | 16,984,818 | 0 | 0 | 4,897,409 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,022,627 | 5,754,499 | 11,547,735 | 389,949 | 474,855 | 188,367 | 7,580,943 | 888,907 | 0 |
| total current liabilities | 11,823,946 | 19,981,658 | 20,848,355 | 24,950,888 | 18,128,137 | 188,367 | 7,580,943 | 5,882,909 | 429,729 |
| loans | 83,619,047 | 60,757,762 | 16,872,202 | 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 | 0 | 0 | 0 | 0 | 0 | 8,226,240 | 0 | 0 | 3,649,527 |
| provisions | 5,071,996 | 875,403 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 88,691,043 | 61,633,165 | 16,872,202 | 0 | 0 | 8,226,240 | 0 | 0 | 3,649,527 |
| total liabilities | 100,514,989 | 81,614,823 | 37,720,557 | 24,950,888 | 18,128,137 | 8,414,607 | 7,580,943 | 5,882,909 | 4,079,256 |
| net assets | 56,094,409 | 44,197,160 | 43,315,392 | -1,403,903 | -1,238,668 | -1,177,225 | -851,114 | -488,925 | -329,391 |
| total shareholders funds | 56,094,409 | 44,197,160 | 43,315,392 | -1,403,903 | -1,238,668 | -1,177,225 | -851,114 | -488,925 | -329,391 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Apr 2017 | Apr 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -443,944 | -280,807 | -3,051,073 | -165,235 | -49,388 | 192,814 | 161,309 | ||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -4,196,593 | -37,705 | -1,558,229 | 0 | 0 | 0 | 0 | ||
| Stock | 0 | -731,968 | -17,357,126 | 8,714,448 | 6,282,576 | 1,636,906 | 1,211,751 | 1,614,829 | 3,677,530 |
| Debtors | -50,310 | 1,287,186 | 8,156,818 | 1,335,211 | 6,858 | 213,564 | 26,491 | 63,063 | 2,000 |
| Creditors | -6,425,975 | 2,599,410 | 4,020,572 | 726,518 | 668,464 | -96,593 | -96,593 | -333,136 | 429,729 |
| Accruals and Deferred Income | -1,731,872 | -5,793,236 | 11,157,786 | -84,906 | 286,488 | -700,540 | 6,692,036 | 888,907 | 0 |
| Deferred Taxes & Provisions | 4,196,593 | 875,403 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -8,551,481 | -3,192,153 | 19,769,364 | -9,573,282 | -5,383,870 | 5,550,015 | -960,812 | ||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 32,166,182 | 45,400,000 | 61,300,000 | 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 | 135 | 4,702,129 | 1,510,066 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -2,375,000 | -20,790,957 | 6,181,139 | 16,984,818 | -4,897,409 | -4,897,409 | 4,897,409 | 0 |
| Long term loans | 22,861,285 | 43,885,560 | 16,872,202 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -8,226,240 | 8,226,240 | 0 | -3,649,527 | 3,649,527 |
| share issue | |||||||||
| interest | 0 | 0 | 0 | 0 | -12,055 | -555,003 | -320,943 | ||
| cash flow from financing | 22,861,420 | 48,474,058 | 33,115,272 | 6,181,139 | 8,746,523 | -5,452,412 | 927,039 | ||
| cash and cash equivalents | |||||||||
| cash | -1,318,457 | -1,179,184 | 5,389,272 | -3,392,143 | 3,362,653 | -7,072 | 81,872 | -33,773 | 70,335 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,318,457 | -1,179,184 | 5,389,272 | -3,392,143 | 3,362,653 | -7,072 | 81,872 | -33,773 | 70,335 |
cortland cassiobury (propco) limited Credit Report and Business Information
Cortland Cassiobury (propco) Limited Competitor Analysis
Perform a competitor analysis for cortland cassiobury (propco) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
cortland cassiobury (propco) limited Ownership
CORTLAND CASSIOBURY (PROPCO) LIMITED group structure
Cortland Cassiobury (Propco) Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
CORTLAND CASSIOBURY (PROPCO) LIMITED
09157707
2 subsidiaries
cortland cassiobury (propco) limited directors
Cortland Cassiobury (Propco) Limited currently has 4 directors. The longest serving directors include Mr Mike Altman (Dec 2017) and Mr Paul Wrights (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mike Altman | United Kingdom | 44 years | Dec 2017 | - | Director |
| Mr Paul Wrights | England | 41 years | Dec 2019 | - | Director |
| Mrs Victoria Quinlan | 47 years | Dec 2021 | - | Director | |
| Mr Andrew Screen | United Kingdom | 57 years | Dec 2021 | - | Director |
P&L
December 2022turnover
3.7m
-28%
operating profit
-443.9k
+58%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
56.1m
+0.27%
total assets
156.6m
+0.24%
cash
2.9m
-0.31%
net assets
Total assets minus all liabilities
cortland cassiobury (propco) limited company details
company number
09157707
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
August 2014
age
10
accounts
Small Company
ultimate parent company
previous names
orion (cassiobridge) limited (July 2020)
incorporated
UK
address
leaf a, 9th floor tower 42, 25 old broad street, london, EC2N 1HQ
last accounts submitted
December 2022
cortland cassiobury (propco) 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 found 11 charges/mortgages relating to cortland cassiobury (propco) limited. Currently there are 5 open charges and 6 have been satisfied in the past.
cortland cassiobury (propco) limited Companies House Filings - See Documents
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