foster residential lettings ltd
foster residential lettings ltd Company Information
Company Number
09482772
Next Accounts
Aug 2025
Shareholders
foster holdings (fenland) ltd
Group Structure
View All
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
unit 14, the boathouse business centre, wisbech, cambs, PE13 3BH
Website
-foster residential lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of FOSTER RESIDENTIAL LETTINGS LTD at £682.4k based on a Turnover of £204.9k and 3.33x industry multiple (adjusted for size and gross margin).
foster residential lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of FOSTER RESIDENTIAL LETTINGS LTD at £1.4m based on an EBITDA of £212k and a 6.51x industry multiple (adjusted for size and gross margin).
foster residential lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of FOSTER RESIDENTIAL LETTINGS LTD at £1.3m based on Net Assets of £728.6k and 1.75x industry multiple (adjusted for liquidity).
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Foster Residential Lettings Ltd Overview
Foster Residential Lettings Ltd is a live company located in wisbech, PE13 3BH with a Companies House number of 09482772. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2015, it's largest shareholder is foster holdings (fenland) ltd with a 100% stake. Foster Residential Lettings Ltd is a established, micro sized company, Pomanda has estimated its turnover at £204.9k with rapid growth in recent years.
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Foster Residential Lettings Ltd Health Check
Pomanda's financial health check has awarded Foster Residential Lettings Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £204.9k, make it smaller than the average company (£847.4k)
- Foster Residential Lettings Ltd
£847.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (2.9%)
- Foster Residential Lettings Ltd
2.9% - Industry AVG
Production
with a gross margin of 73.1%, this company has a comparable cost of product (73.1%)
- Foster Residential Lettings Ltd
73.1% - Industry AVG
Profitability
an operating margin of 103.4% make it more profitable than the average company (27.2%)
- Foster Residential Lettings Ltd
27.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Foster Residential Lettings Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)
- Foster Residential Lettings Ltd
£32.1k - Industry AVG
Efficiency
resulting in sales per employee of £102.5k, this is less efficient (£180.2k)
- Foster Residential Lettings Ltd
£180.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Foster Residential Lettings Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (35 days)
- Foster Residential Lettings Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Foster Residential Lettings Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is more cash available to meet short term requirements (12 weeks)
15 weeks - Foster Residential Lettings Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.6%, this is a lower level of debt than the average (67.9%)
8.6% - Foster Residential Lettings Ltd
67.9% - Industry AVG
FOSTER RESIDENTIAL LETTINGS LTD financials
Foster Residential Lettings Ltd's latest turnover from November 2023 is estimated at £204.9 thousand and the company has net assets of £728.6 thousand. According to their latest financial statements, Foster Residential Lettings Ltd has 2 employees and maintains cash reserves of £10.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 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 | 2 | 2 | 2 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,121,585 | ||||||||
| Intangible Assets | |||||||||
| Investments & Other | 785,000 | 1,725,500 | 1,692,135 | 1,546,553 | 1,455,000 | 1,455,000 | 1,121,585 | 1,121,585 | |
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 785,000 | 1,725,500 | 1,692,135 | 1,546,553 | 1,455,000 | 1,455,000 | 1,121,585 | 1,121,585 | 1,121,585 |
| Stock & work in progress | |||||||||
| Trade Debtors | 565 | 565 | 565 | 565 | 2,192 | 10,117 | |||
| Group Debtors | 8,000 | 20,000 | |||||||
| Misc Debtors | 1,386 | 1,624 | 1,883 | 4,830 | 3,980 | 185,083 | 115,369 | 45,415 | |
| Cash | 10,864 | 288,483 | 214,035 | 154,006 | 88,792 | 3,545 | 20,763 | 15,263 | 15,585 |
| misc current assets | |||||||||
| total current assets | 12,250 | 290,672 | 216,483 | 159,401 | 93,337 | 198,820 | 136,132 | 80,678 | 25,702 |
| total assets | 797,250 | 2,016,172 | 1,908,618 | 1,705,954 | 1,548,337 | 1,653,820 | 1,257,717 | 1,202,263 | 1,147,287 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 1,102 | 120 | 2,317 | 3,709 | 145 | 145 | 1,118,703 | ||
| Group/Directors Accounts | 1,102,660 | 1,102,660 | 1,102,660 | 1,101,715 | 1,101,715 | 1,108,736 | 1,109,715 | ||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 35,754 | 18,955 | 4,022 | 16,528 | 6,125 | 171,377 | 2,464 | 5,452 | |
| total current liabilities | 36,856 | 1,121,615 | 1,106,802 | 1,121,505 | 1,107,840 | 1,276,801 | 1,111,345 | 1,115,312 | 1,118,703 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 31,771 | 83,061 | 76,722 | 49,061 | 31,666 | 31,666 | |||
| total long term liabilities | 31,771 | 83,061 | 76,722 | 49,061 | 31,666 | 31,666 | |||
| total liabilities | 68,627 | 1,204,676 | 1,183,524 | 1,170,566 | 1,139,506 | 1,308,467 | 1,111,345 | 1,115,312 | 1,118,703 |
| net assets | 728,623 | 811,496 | 725,094 | 535,388 | 408,831 | 345,353 | 146,372 | 86,951 | 28,584 |
| total shareholders funds | 728,623 | 811,496 | 725,094 | 535,388 | 408,831 | 345,353 | 146,372 | 86,951 | 28,584 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -803 | -259 | -2,947 | 850 | -190,730 | 79,906 | 49,954 | 55,298 | 10,117 |
| Creditors | 1,102 | -120 | -2,197 | 2,317 | -3,709 | 3,564 | -1,118,558 | 1,118,703 | |
| Accruals and Deferred Income | 16,799 | 14,933 | -12,506 | 10,403 | -165,252 | 168,913 | -2,988 | 5,452 | |
| Deferred Taxes & Provisions | -51,290 | 6,339 | 27,661 | 17,395 | 31,666 | ||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -940,500 | 33,365 | 145,582 | 91,553 | 333,415 | 1,121,585 | |||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -1,102,660 | 945 | -7,021 | -979 | 1,109,715 | ||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -277,619 | 74,448 | 60,029 | 65,214 | 85,247 | -17,218 | 5,500 | -322 | 15,585 |
| overdraft | |||||||||
| change in cash | -277,619 | 74,448 | 60,029 | 65,214 | 85,247 | -17,218 | 5,500 | -322 | 15,585 |
foster residential lettings ltd Credit Report and Business Information
Foster Residential Lettings Ltd Competitor Analysis
Perform a competitor analysis for foster residential lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in PE13 area or any other competitors across 12 key performance metrics.
foster residential lettings ltd Ownership
FOSTER RESIDENTIAL LETTINGS LTD group structure
Foster Residential Lettings Ltd has no subsidiary companies.
Ultimate parent company
1 parent
FOSTER RESIDENTIAL LETTINGS LTD
09482772
foster residential lettings ltd directors
Foster Residential Lettings Ltd currently has 2 directors. The longest serving directors include Mr John Foster (Mar 2015) and Mr Steven Foster (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Foster | United Kingdom | 77 years | Mar 2015 | - | Director |
| Mr Steven Foster | United Kingdom | 50 years | Jun 2017 | - | Director |
P&L
November 2023turnover
204.9k
+75%
operating profit
212k
0%
gross margin
73.1%
+0.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
728.6k
-0.1%
total assets
797.3k
-0.6%
cash
10.9k
-0.96%
net assets
Total assets minus all liabilities
foster residential lettings ltd company details
company number
09482772
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
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
TC GROUP
auditor
-
address
unit 14, the boathouse business centre, wisbech, cambs, PE13 3BH
Bank
-
Legal Advisor
-
foster residential lettings ltd 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 foster residential lettings ltd.
foster residential lettings ltd 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.
Click to start generating capital raising & share issue transactions for FOSTER RESIDENTIAL LETTINGS LTD. This can take several minutes, an email will notify you when this has completed.
foster residential lettings ltd Companies House Filings - See Documents
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