farlam properties limited
farlam properties limited Company Information
Company Number
09423755
Website
www.farlamproperties.co.ukRegistered Address
alex house, 260-268 chapel street, salford, manchester, M3 5JZ
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Directors
Layth Mousa9 Years
Shareholders
reem latif 50%
layth mousa 50%
farlam properties limited Estimated Valuation
Pomanda estimates the enterprise value of FARLAM PROPERTIES LIMITED at £931.1k based on a Turnover of £392k and 2.38x industry multiple (adjusted for size and gross margin).
farlam properties limited Estimated Valuation
Pomanda estimates the enterprise value of FARLAM PROPERTIES LIMITED at £399.7k based on an EBITDA of £67.2k and a 5.95x industry multiple (adjusted for size and gross margin).
farlam properties limited Estimated Valuation
Pomanda estimates the enterprise value of FARLAM PROPERTIES LIMITED at £744.1k based on Net Assets of £520k and 1.43x industry multiple (adjusted for liquidity).
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Farlam Properties Limited Overview
Farlam Properties Limited is a live company located in salford, M3 5JZ with a Companies House number of 09423755. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2015, it's largest shareholder is reem latif with a 50% stake. Farlam Properties Limited is a young, micro sized company, Pomanda has estimated its turnover at £392k with high growth in recent years.
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Farlam Properties Limited Health Check
Pomanda's financial health check has awarded Farlam Properties 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
3 Strong
4 Regular
5 Weak
Size
annual sales of £392k, make it smaller than the average company (£845.5k)
- Farlam Properties Limited
£845.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (2.1%)
- Farlam Properties Limited
2.1% - Industry AVG
Production
with a gross margin of 69.2%, this company has a comparable cost of product (69.2%)
- Farlam Properties Limited
69.2% - Industry AVG
Profitability
an operating margin of 14% make it less profitable than the average company (36.8%)
- Farlam Properties Limited
36.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Farlam Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)
- Farlam Properties Limited
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £196k, this is equally as efficient (£184.2k)
- Farlam Properties Limited
£184.2k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is near the average (24 days)
- Farlam Properties Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 244 days, this is slower than average (32 days)
- Farlam Properties Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 5503 days, this is more than average (439 days)
- Farlam Properties Limited
439 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is more cash available to meet short term requirements (8 weeks)
14 weeks - Farlam Properties Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.4%, this is a higher level of debt than the average (64.1%)
78.4% - Farlam Properties Limited
64.1% - Industry AVG
FARLAM PROPERTIES LIMITED financials
Farlam Properties Limited's latest turnover from February 2023 is estimated at £392 thousand and the company has net assets of £520 thousand. According to their latest financial statements, Farlam Properties Limited has 2 employees and maintains cash reserves of £510.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 48,408 | 20,851 | 26,790 | 18,859 | 23,574 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 48,408 | 20,851 | 26,790 | 18,859 | 23,574 | 0 | 0 | 0 |
| Stock & work in progress | 1,818,125 | 1,818,125 | 1,732,203 | 1,479,053 | 1,380,535 | 1,159,986 | 978,025 | 739,781 |
| Trade Debtors | 30,000 | 100,950 | 0 | 0 | 0 | 1,321 | 3,100 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,903 | 1,708 | 9,776 | 4,944 | 30,539 | 10,064 | 48,236 | 1,248 |
| Cash | 510,622 | 530,204 | 82,936 | 8,289 | 7,346 | 8,430 | 9,712 | 10,090 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,361,650 | 2,450,987 | 1,824,915 | 1,492,286 | 1,418,420 | 1,179,801 | 1,039,073 | 751,119 |
| total assets | 2,410,058 | 2,471,838 | 1,851,705 | 1,511,145 | 1,441,994 | 1,179,801 | 1,039,073 | 751,119 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 80,901 | 81,325 | 3,631 | 8,005 | 3,037 | 2,688 | 65,531 | 6,566 |
| Group/Directors Accounts | 0 | 0 | 0 | 1,524,859 | 0 | 1,119,193 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,800,000 | 1,927,963 | 1,826,022 | 6,000 | 1,436,844 | 76,425 | 984,168 | 755,234 |
| total current liabilities | 1,880,901 | 2,009,288 | 1,829,653 | 1,538,864 | 1,439,881 | 1,198,306 | 1,049,699 | 761,800 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 9,198 | 3,962 | 1,406 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 9,198 | 3,962 | 1,406 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,890,099 | 2,013,250 | 1,831,059 | 1,538,864 | 1,439,881 | 1,198,306 | 1,049,699 | 761,800 |
| net assets | 519,959 | 458,588 | 20,646 | -27,719 | 2,113 | -18,505 | -10,626 | -10,681 |
| total shareholders funds | 519,959 | 458,588 | 20,646 | -27,719 | 2,113 | -18,505 | -10,626 | -10,681 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 12,263 | 5,939 | 7,182 | 4,715 | 5,894 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 85,922 | 253,150 | 98,518 | 220,549 | 181,961 | 238,244 | 739,781 |
| Debtors | -69,755 | 92,882 | 4,832 | -25,595 | 19,154 | -39,951 | 50,088 | 1,248 |
| Creditors | -424 | 77,694 | -4,374 | 4,968 | 349 | -62,843 | 58,965 | 6,566 |
| Accruals and Deferred Income | -127,963 | 101,941 | 1,820,022 | -1,430,844 | 1,360,419 | -907,743 | 228,934 | 755,234 |
| Deferred Taxes & Provisions | 5,236 | 2,556 | 1,406 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -1,524,859 | 1,524,859 | -1,119,193 | 1,119,193 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -19,582 | 447,268 | 74,647 | 943 | -1,084 | -1,282 | -378 | 10,090 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -19,582 | 447,268 | 74,647 | 943 | -1,084 | -1,282 | -378 | 10,090 |
farlam properties limited Credit Report and Business Information
Farlam Properties Limited Competitor Analysis
Perform a competitor analysis for farlam properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M 3 area or any other competitors across 12 key performance metrics.
farlam properties limited Ownership
FARLAM PROPERTIES LIMITED group structure
Farlam Properties Limited has 1 subsidiary company.
farlam properties limited directors
Farlam Properties Limited currently has 1 director, Mr Layth Mousa serving since Feb 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Layth Mousa | England | 56 years | Feb 2015 | - | Director |
P&L
February 2023turnover
392k
-46%
operating profit
55k
0%
gross margin
69.3%
+1.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
520k
+0.13%
total assets
2.4m
-0.02%
cash
510.6k
-0.04%
net assets
Total assets minus all liabilities
farlam properties limited company details
company number
09423755
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
February 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
alex house, 260-268 chapel street, salford, manchester, M3 5JZ
Bank
-
Legal Advisor
-
farlam properties 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 2 charges/mortgages relating to farlam properties limited. Currently there are 2 open charges and 0 have been satisfied in the past.
farlam properties limited Companies House Filings - See Documents
| date | description | view/download |
|---|
