topflight property limited

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topflight property limited Company Information

Share TOPFLIGHT PROPERTY LIMITED

Company Number

09331161

Shareholders

suzanna louise tarrant-willis

toby tarrant-willis

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

9 perseverance works, kingsland road, london, E2 8DD

topflight property limited Estimated Valuation

£675.8k

Pomanda estimates the enterprise value of TOPFLIGHT PROPERTY LIMITED at £675.8k based on a Turnover of £200.5k and 3.37x industry multiple (adjusted for size and gross margin).

topflight property limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of TOPFLIGHT PROPERTY LIMITED at £2.6m based on an EBITDA of £396.6k and a 6.59x industry multiple (adjusted for size and gross margin).

topflight property limited Estimated Valuation

£422.8k

Pomanda estimates the enterprise value of TOPFLIGHT PROPERTY LIMITED at £422.8k based on Net Assets of £242.2k and 1.75x industry multiple (adjusted for liquidity).

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Topflight Property Limited Overview

Topflight Property Limited is a live company located in london, E2 8DD with a Companies House number of 09331161. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2014, it's largest shareholder is suzanna louise tarrant-willis with a 50% stake. Topflight Property Limited is a established, micro sized company, Pomanda has estimated its turnover at £200.5k with rapid growth in recent years.

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Topflight Property Limited Health Check

Pomanda's financial health check has awarded Topflight Property Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £200.5k, make it smaller than the average company (£921.2k)

£200.5k - Topflight Property Limited

£921.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 136%, show it is growing at a faster rate (4.9%)

136% - Topflight Property Limited

4.9% - Industry AVG

production

Production

with a gross margin of 75.3%, this company has a comparable cost of product (75.3%)

75.3% - Topflight Property Limited

75.3% - Industry AVG

profitability

Profitability

an operating margin of 197.6% make it more profitable than the average company (29.3%)

197.6% - Topflight Property Limited

29.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Topflight Property Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)

£32.3k - Topflight Property Limited

£32.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £100.3k, this is less efficient (£177.6k)

£100.3k - Topflight Property Limited

£177.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Topflight Property Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (38 days)

2 days - Topflight Property Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Topflight Property Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (11 weeks)

6 weeks - Topflight Property Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96.7%, this is a higher level of debt than the average (64.3%)

96.7% - Topflight Property Limited

64.3% - Industry AVG

TOPFLIGHT PROPERTY LIMITED financials

EXPORTms excel logo

Topflight Property Limited's latest turnover from March 2024 is estimated at £200.5 thousand and the company has net assets of £242.2 thousand. According to their latest financial statements, Topflight Property Limited has 2 employees and maintains cash reserves of £48.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Nov 2015
Turnover200,54994,224171,05515,20811,5758,93459,238141,246129,648
Other Income Or Grants
Cost Of Sales49,63623,73843,0873,7983,0052,39414,84735,77242,546
Gross Profit150,91270,486127,96711,4108,5706,54144,391105,47387,102
Admin Expenses-245,426-242,640-190,731-209,669-179,773-203,159-77,01445,80687,574
Operating Profit396,338313,126318,698221,079188,343209,700121,40559,667-472
Interest Payable393,750358,750236,250213,500213,500118,125
Interest Receivable5,4664,7501,4832552585,6173,245172149
Pre-Tax Profit8,055-40,87483,9317,833-24,89997,193124,65159,839-323
Tax-2,014-15,947-1,488-18,467-23,684-11,968
Profit After Tax6,041-40,87467,9846,345-24,89978,726100,96747,871-323
Dividends Paid
Retained Profit6,041-40,87467,9846,345-24,89978,726100,96747,871-323
Employee Costs64,59660,70259,08926,84527,39226,99926,17851,14426,302
Number Of Employees222111121
EBITDA*396,610313,489319,182221,724188,937209,832121,40559,667-472

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Nov 2015
Tangible Assets8171,0891,4521,9362,5811,976
Intangible Assets
Investments & Other7,336,6477,336,6477,336,6477,336,6477,336,6477,336,6477,336,6477,336,6472,892,311
Debtors (Due After 1 year)
Total Fixed Assets7,337,4647,337,7367,338,0997,338,5837,339,2287,338,6237,336,6477,336,6472,892,311
Stock & work in progress
Trade Debtors1102,0133,070
Group Debtors
Misc Debtors25,90437,70451,6193,35070,36269,779
Cash48,614159,62663,894331,559177,578337,5881,160,354137,75559,794
misc current assets
total current assets74,518197,440115,513336,922247,940407,3671,163,424137,75559,794
total assets7,411,9827,535,1767,453,6127,675,5057,587,1687,745,9908,500,0717,474,4022,952,105
Bank overdraft
Bank loan
Trade Creditors 3392587,0537384,1523,51746,92566,20644,120
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities380,764422,766407,89125,91130,99953,395
total current liabilities381,103423,024414,94426,64935,15156,91246,92566,20644,120
loans3,500,0003,500,0003,500,0003,500,0003,500,0003,500,000
hp & lease commitments
Accruals and Deferred Income
other liabilities3,288,5443,375,7583,261,3963,939,4773,848,8603,961,1378,304,3067,360,3232,908,307
provisions172272276367490375
total long term liabilities6,788,7166,876,0306,761,6727,439,8447,349,3507,461,5128,304,3067,360,3232,908,307
total liabilities7,169,8197,299,0547,176,6167,466,4937,384,5017,518,4248,351,2317,426,5292,952,427
net assets242,163236,122276,996209,012202,667227,566148,84047,873-322
total shareholders funds242,163236,122276,996209,012202,667227,566148,84047,873-322
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Nov 2015
Operating Activities
Operating Profit396,338313,126318,698221,079188,343209,700121,40559,667-472
Depreciation272363484645594132
Amortisation
Tax-2,014-15,947-1,488-18,467-23,684-11,968
Stock
Debtors-11,910-13,80546,256-64,99958366,7093,070
Creditors81-6,7956,315-3,414635-43,408-19,28166,20644,120
Accruals and Deferred Income-42,00214,875381,980-5,088-22,39653,395
Deferred Taxes & Provisions-100-4-91-123115375
Cash flow from operations364,485335,370645,183276,610166,708135,01875,370113,90543,648
Investing Activities
capital expenditure-1,199-2,108
Change in Investments7,336,6472,892,311
cash flow from investments-1,199-2,108-7,336,647-2,892,311
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans3,500,000
Hire Purchase and Lease Commitments
other long term liabilities-87,214114,362-678,08190,617-112,277-4,343,169943,9837,360,3232,908,307
share issue21
interest-388,284-354,000-234,767-213,245-213,242-112,5083,245172149
cash flow from financing-475,498-239,638-912,848-122,628-325,519-955,677947,2287,360,4972,908,457
cash and cash equivalents
cash-111,01295,732-267,665153,981-160,010-822,7661,022,599137,75559,794
overdraft
change in cash-111,01295,732-267,665153,981-160,010-822,7661,022,599137,75559,794

topflight property limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Topflight Property Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for topflight property limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in E 2 area or any other competitors across 12 key performance metrics.

topflight property limited Ownership

TOPFLIGHT PROPERTY LIMITED group structure

Topflight Property Limited has 1 subsidiary company.

Ultimate parent company

TOPFLIGHT PROPERTY LIMITED

09331161

1 subsidiary

TOPFLIGHT PROPERTY LIMITED Shareholders

suzanna louise tarrant-willis 50%
toby tarrant-willis 50%

topflight property limited directors

Topflight Property Limited currently has 2 directors. The longest serving directors include Mr Toby Tarrant-Willis (Nov 2014) and Mrs Suzanna Tarrant-Willis (Feb 2022).

officercountryagestartendrole
Mr Toby Tarrant-Willis54 years Nov 2014- Director
Mrs Suzanna Tarrant-Willis55 years Feb 2022- Director

P&L

March 2024

turnover

200.5k

+113%

operating profit

396.3k

0%

gross margin

75.3%

+0.59%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

242.2k

+0.03%

total assets

7.4m

-0.02%

cash

48.6k

-0.7%

net assets

Total assets minus all liabilities

topflight property limited company details

company number

09331161

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

November 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

topflightproperty limited (December 2014)

accountant

AZETS

auditor

-

address

9 perseverance works, kingsland road, london, E2 8DD

Bank

-

Legal Advisor

-

topflight property 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 topflight property limited.

topflight property 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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topflight property limited Companies House Filings - See Documents

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