gateway flats limited

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gateway flats limited Company Information

Share GATEWAY FLATS LIMITED

Company Number

09501257

Shareholders

marilyn vivienne salt

stephen laurence salt

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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

1386 london road, leigh on sea, essex, SS9 2UJ

Website

-

gateway flats limited Estimated Valuation

£326.1k

Pomanda estimates the enterprise value of GATEWAY FLATS LIMITED at £326.1k based on a Turnover of £131.2k and 2.49x industry multiple (adjusted for size and gross margin).

gateway flats limited Estimated Valuation

£26.5k

Pomanda estimates the enterprise value of GATEWAY FLATS LIMITED at £26.5k based on an EBITDA of £5.5k and a 4.86x industry multiple (adjusted for size and gross margin).

gateway flats limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of GATEWAY FLATS LIMITED at £1.4m based on Net Assets of £813.1k and 1.75x industry multiple (adjusted for liquidity).

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Gateway Flats Limited Overview

Gateway Flats Limited is a live company located in essex, SS9 2UJ with a Companies House number of 09501257. 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 marilyn vivienne salt with a 25% stake. Gateway Flats Limited is a established, micro sized company, Pomanda has estimated its turnover at £131.2k with healthy growth in recent years.

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Gateway Flats Limited Health Check

Pomanda's financial health check has awarded Gateway Flats 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 £131.2k, make it smaller than the average company (£921.2k)

£131.2k - Gateway Flats Limited

£921.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (4.9%)

10% - Gateway Flats Limited

4.9% - Industry AVG

production

Production

with a gross margin of 34.6%, this company has a higher cost of product (75.3%)

34.6% - Gateway Flats Limited

75.3% - Industry AVG

profitability

Profitability

an operating margin of 4.2% make it less profitable than the average company (29.3%)

4.2% - Gateway Flats Limited

29.3% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - Gateway Flats 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 - Gateway Flats Limited

£32.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £32.8k, this is less efficient (£177.6k)

£32.8k - Gateway Flats Limited

£177.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 50 days, this is later than average (30 days)

50 days - Gateway Flats Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 21 days, this is quicker than average (38 days)

21 days - Gateway Flats Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gateway Flats Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Gateway Flats Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.8%, this is a lower level of debt than the average (64.3%)

49.8% - Gateway Flats Limited

64.3% - Industry AVG

GATEWAY FLATS LIMITED financials

EXPORTms excel logo

Gateway Flats Limited's latest turnover from March 2024 is estimated at £131.2 thousand and the company has net assets of £813.1 thousand. According to their latest financial statements, Gateway Flats Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Turnover131,163113,357100,96997,719102,782100,55364,699106,77313,737
Other Income Or Grants
Cost Of Sales85,77675,58468,02764,53268,69967,65542,93968,5759,189
Gross Profit45,38837,77332,94333,18734,08332,89821,75938,1994,548
Admin Expenses39,92733,52532,78927,39835,24832,80724,699-954,916-8,200
Operating Profit5,4614,2481545,789-1,16591-2,940993,11512,748
Interest Payable
Interest Receivable3875
Pre-Tax Profit5,4614,2481545,789-1,16591-2,940993,15312,824
Tax-1,365-807-29-1,100-17-198,630-2,565
Profit After Tax4,0963,4411254,689-1,16574-2,940794,52210,259
Dividends Paid
Retained Profit4,0963,4411254,689-1,16574-2,940794,52210,259
Employee Costs129,191121,404118,177107,380109,567107,99626,17825,57226,250
Number Of Employees444444111
EBITDA*5,4614,2481545,789-1,16591-2,940993,11512,748

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Tangible Assets1,600,0001,600,0001,600,0001,600,0001,600,0001,600,0001,600,0001,600,000
Intangible Assets
Investments & Other1,600,000
Debtors (Due After 1 year)
Total Fixed Assets1,600,0001,600,0001,600,0001,600,0001,600,0001,600,0001,600,0001,600,0001,600,000
Stock & work in progress
Trade Debtors18,25014,78912,93612,52111,52911,14416,17424,4181,890
Group Debtors
Misc Debtors
Cash30,196
misc current assets
total current assets18,25014,78912,93612,52111,52911,14416,17424,41832,086
total assets1,618,2501,614,7891,612,9361,612,5211,611,5291,611,1441,616,1741,624,4181,632,086
Bank overdraft
Bank loan
Trade Creditors 5,1495,7847,3727,08210,7799,22914,33319,63721,727
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities5,1495,7847,3727,08210,7799,22914,33319,63721,727
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities800,000800,000800,000800,000800,000800,000800,000800,000800,000
provisions
total long term liabilities800,000800,000800,000800,000800,000800,000800,000800,000800,000
total liabilities805,149805,784807,372807,082810,779809,229814,333819,637821,727
net assets813,101809,005805,564805,439800,750801,915801,841804,781810,359
total shareholders funds813,101809,005805,564805,439800,750801,915801,841804,781810,359
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating Activities
Operating Profit5,4614,2481545,789-1,16591-2,940993,11512,748
Depreciation
Amortisation
Tax-1,365-807-29-1,100-17-198,630-2,565
Stock
Debtors3,4611,853415992385-5,030-8,24422,5281,890
Creditors-635-1,588290-3,6971,550-5,104-5,304-2,09021,727
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations769,86730,020
Investing Activities
capital expenditure-1,600,000
Change in Investments-1,600,0001,600,000
cash flow from investments-1,600,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities800,000
share issue-800,100800,100
interest3875
cash flow from financing-800,0621,600,175
cash and cash equivalents
cash-30,19630,196
overdraft
change in cash-30,19630,196

gateway flats 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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Gateway Flats Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gateway flats limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SS9 area or any other competitors across 12 key performance metrics.

gateway flats limited Ownership

GATEWAY FLATS LIMITED group structure

Gateway Flats Limited has no subsidiary companies.

Ultimate parent company

GATEWAY FLATS LIMITED

09501257

GATEWAY FLATS LIMITED Shareholders

marilyn vivienne salt 25%
stephen laurence salt 25%
ann frances elman 25%
shirley marina shalet 25%

gateway flats limited directors

Gateway Flats Limited currently has 4 directors. The longest serving directors include Mrs Shirley Shalet (Mar 2015) and Mrs Ann-Frances Elman (Mar 2015).

officercountryagestartendrole
Mrs Shirley ShaletEngland87 years Mar 2015- Director
Mrs Ann-Frances ElmanUnited Kingdom67 years Mar 2015- Director
Mr Stephen Salt82 years Mar 2015- Director
Mrs Marilyn Salt80 years Mar 2015- Director

P&L

March 2024

turnover

131.2k

+16%

operating profit

5.5k

0%

gross margin

34.7%

+3.85%

turnover

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

Balance Sheet

March 2024

net assets

813.1k

+0.01%

total assets

1.6m

0%

cash

0

0%

net assets

Total assets minus all liabilities

gateway flats limited company details

company number

09501257

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

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

1386 london road, leigh on sea, essex, SS9 2UJ

Bank

-

Legal Advisor

-

gateway flats 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 gateway flats limited.

gateway flats 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.

Click to start generating capital raising & share issue transactions for GATEWAY FLATS LIMITED. This can take several minutes, an email will notify you when this has completed.

gateway flats limited Companies House Filings - See Documents

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