choice properties limited
choice properties limited Company Information
Company Number
09534984
Next Accounts
84 days late
Shareholders
character developments limited
Group Structure
View All
Industry
Development of building projects
Registered Address
newlands chorleywood road, rickmansworth, hertfordshire, WD3 4EP
choice properties limited Estimated Valuation
Pomanda estimates the enterprise value of CHOICE PROPERTIES LIMITED at £236.3k based on a Turnover of £478.9k and 0.49x industry multiple (adjusted for size and gross margin).
choice properties limited Estimated Valuation
Pomanda estimates the enterprise value of CHOICE PROPERTIES LIMITED at £148.6k based on an EBITDA of £39.2k and a 3.79x industry multiple (adjusted for size and gross margin).
choice properties limited Estimated Valuation
Pomanda estimates the enterprise value of CHOICE PROPERTIES LIMITED at £1.3m based on Net Assets of £901.7k and 1.49x industry multiple (adjusted for liquidity).
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Choice Properties Limited Overview
Choice Properties Limited is a live company located in hertfordshire, WD3 4EP with a Companies House number of 09534984. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2015, it's largest shareholder is character developments limited with a 100% stake. Choice Properties Limited is a established, micro sized company, Pomanda has estimated its turnover at £478.9k with declining growth in recent years.
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Choice Properties Limited Health Check
Pomanda's financial health check has awarded Choice 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
2 Regular
5 Weak
Size
annual sales of £478.9k, make it smaller than the average company (£2m)
- Choice Properties Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -49%, show it is growing at a slower rate (2%)
- Choice Properties Limited
2% - Industry AVG
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- Choice Properties Limited
25.8% - Industry AVG
Profitability
an operating margin of 6.2% make it less profitable than the average company (8.4%)
- Choice Properties Limited
8.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Choice Properties Limited
6 - Industry AVG
Pay Structure
on an average salary of £45.3k, the company has an equivalent pay structure (£45.3k)
- Choice Properties Limited
£45.3k - Industry AVG
Efficiency
resulting in sales per employee of £159.6k, this is less efficient (£257.3k)
- Choice Properties Limited
£257.3k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (30 days)
- Choice Properties Limited
30 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Choice Properties Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Choice Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 92 weeks, this is more cash available to meet short term requirements (14 weeks)
92 weeks - Choice Properties Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7%, this is a lower level of debt than the average (73.6%)
7% - Choice Properties Limited
73.6% - Industry AVG
CHOICE PROPERTIES LIMITED financials
Choice Properties Limited's latest turnover from February 2023 is estimated at £478.9 thousand and the company has net assets of £901.7 thousand. According to their latest financial statements, Choice Properties Limited has 3 employees and maintains cash reserves of £120.2 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 | 0 | |||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | -9,504 | |||||||
| Interest Payable | 13,045 | |||||||
| Interest Receivable | 0 | |||||||
| Pre-Tax Profit | -22,549 | |||||||
| Tax | 0 | |||||||
| Profit After Tax | -22,549 | |||||||
| Dividends Paid | 0 | |||||||
| Retained Profit | -22,549 | |||||||
| Employee Costs | ||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | ||||
| EBITDA* | -9,504 |
* 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 | 435,417 | 444,917 | 454,417 | 463,917 | 473,417 | 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 | 435,417 | 444,917 | 454,417 | 463,917 | 473,417 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 469,550 | 2,841,039 | 1,808,310 | 868,048 |
| Trade Debtors | 23,357 | 0 | 0 | 590,669 | 0 | 0 | 0 | 6,153 |
| Group Debtors | 390,171 | 100,227 | 231,551 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 30,000 | 0 | 0 | 0 | 4,991 | 6,238 | 0 |
| Cash | 120,192 | 385,203 | 398,726 | 0 | 80,631 | 6,331 | 29,525 | 143,993 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 533,720 | 515,430 | 630,277 | 590,669 | 550,181 | 2,852,361 | 1,844,073 | 1,018,194 |
| total assets | 969,137 | 960,347 | 1,084,694 | 1,054,586 | 1,023,598 | 2,852,361 | 1,844,073 | 1,018,194 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 1,763,321 | 781,918 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 181,281 | 12,320 | 0 | 72,719 | 1,019,600 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 87,645 | 0 | 981,810 | 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 | 67,442 | 90,887 | 131,318 | 0 | 255,364 | 1,150,071 | 31,581 | 0 |
| total current liabilities | 67,442 | 90,887 | 131,318 | 181,281 | 355,329 | 2,913,392 | 1,868,028 | 1,019,600 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 67,442 | 90,887 | 131,318 | 181,281 | 355,329 | 2,913,392 | 1,868,028 | 1,019,600 |
| net assets | 901,695 | 869,460 | 953,376 | 873,305 | 668,269 | -61,031 | -23,955 | -1,406 |
| total shareholders funds | 901,695 | 869,460 | 953,376 | 873,305 | 668,269 | -61,031 | -23,955 | -1,406 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -9,504 | |||||||
| Depreciation | 9,500 | 0 | 0 | 9,500 | 1,583 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | |||||||
| Stock | 0 | 0 | 0 | -469,550 | -2,371,489 | 1,032,729 | 940,262 | 868,048 |
| Debtors | 283,301 | -101,324 | -359,118 | 590,669 | -4,991 | -1,247 | 85 | 6,153 |
| Creditors | 0 | 0 | -181,281 | 168,961 | 12,320 | -72,719 | -946,881 | 1,019,600 |
| Accruals and Deferred Income | -23,445 | -40,431 | 131,318 | -255,364 | -894,707 | 1,118,490 | 31,581 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,865,151 | |||||||
| 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 | 0 | -87,645 | 87,645 | -981,810 | 981,810 | 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 | -13,045 | |||||||
| cash flow from financing | 968,765 | |||||||
| cash and cash equivalents | ||||||||
| cash | -265,011 | -13,523 | 398,726 | -80,631 | 74,300 | -23,194 | -114,468 | 143,993 |
| overdraft | 0 | 0 | 0 | 0 | -1,763,321 | 981,403 | 781,918 | 0 |
| change in cash | -265,011 | -13,523 | 398,726 | -80,631 | 1,837,621 | -1,004,597 | -896,386 | 143,993 |
choice properties limited Credit Report and Business Information
Choice Properties Limited Competitor Analysis
Perform a competitor analysis for choice properties limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WD3 area or any other competitors across 12 key performance metrics.
choice properties limited Ownership
CHOICE PROPERTIES LIMITED group structure
Choice Properties Limited has no subsidiary companies.
Ultimate parent company
1 parent
CHOICE PROPERTIES LIMITED
09534984
choice properties limited directors
Choice Properties Limited currently has 3 directors. The longest serving directors include Mrs Rhea Ohnacker (Apr 2015) and Mr Vinod Bhandari (Apr 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Rhea Ohnacker | England | 36 years | Apr 2015 | - | Director |
| Mr Vinod Bhandari | 71 years | Apr 2015 | - | Director | |
| Mrs Nina Bhandari | England | 65 years | Apr 2015 | - | Director |
P&L
February 2023turnover
478.9k
0%
operating profit
29.7k
0%
gross margin
25.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
901.7k
+0.04%
total assets
969.1k
+0.01%
cash
120.2k
-0.69%
net assets
Total assets minus all liabilities
Similar Companies
choice properties limited company details
company number
09534984
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
April 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
newlands chorleywood road, rickmansworth, hertfordshire, WD3 4EP
Bank
-
Legal Advisor
-
choice 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 did not find charges/mortgages relating to choice properties limited.
choice properties 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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choice properties limited Companies House Filings - See Documents
| date | description | view/download |
|---|
