norgrove properties ltd
norgrove properties ltd Company Information
Company Number
09628617
Registered Address
unit 2 pro plas pvc centre ltd, ricketts close, kidderminster, worcs, DY11 7QN
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
122 days late
Group Structure
View All
Directors
Sharon Norgrove4 Years
Shareholders
jack norgrove 50%
sharon hannah mary norgrove 50%
norgrove properties ltd Estimated Valuation
Pomanda estimates the enterprise value of NORGROVE PROPERTIES LTD at £331.6k based on a Turnover of £108.6k and 3.05x industry multiple (adjusted for size and gross margin).
norgrove properties ltd Estimated Valuation
Pomanda estimates the enterprise value of NORGROVE PROPERTIES LTD at £0 based on an EBITDA of £-29.5k and a 6.98x industry multiple (adjusted for size and gross margin).
norgrove properties ltd Estimated Valuation
Pomanda estimates the enterprise value of NORGROVE PROPERTIES LTD at £0 based on Net Assets of £-65.1k and 1.62x industry multiple (adjusted for liquidity).
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Norgrove Properties Ltd Overview
Norgrove Properties Ltd is a live company located in kidderminster, DY11 7QN with a Companies House number of 09628617. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2015, it's largest shareholder is jack norgrove with a 50% stake. Norgrove Properties Ltd is a young, micro sized company, Pomanda has estimated its turnover at £108.6k with unknown growth in recent years.
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Norgrove Properties Ltd Health Check
Pomanda's financial health check has awarded Norgrove Properties Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £108.6k, make it smaller than the average company (£717.9k)
- Norgrove Properties Ltd
£717.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Norgrove Properties Ltd
- - Industry AVG
Production
with a gross margin of 71.1%, this company has a comparable cost of product (71.1%)
- Norgrove Properties Ltd
71.1% - Industry AVG
Profitability
an operating margin of -27.2% make it less profitable than the average company (43.3%)
- Norgrove Properties Ltd
43.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Norgrove Properties Ltd
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Norgrove Properties Ltd
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £108.6k, this is less efficient (£158.8k)
- Norgrove Properties Ltd
£158.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Norgrove Properties Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 321 days, this is slower than average (37 days)
- Norgrove Properties Ltd
37 days - Industry AVG
Stock Days
it holds stock equivalent to 1996 days, this is more than average (66 days)
- Norgrove Properties Ltd
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Norgrove Properties Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 131%, this is a higher level of debt than the average (66.8%)
131% - Norgrove Properties Ltd
66.8% - Industry AVG
NORGROVE PROPERTIES LTD financials
Norgrove Properties Ltd's latest turnover from September 2022 is estimated at £108.6 thousand and the company has net assets of -£65.1 thousand. According to their latest financial statements, we estimate that Norgrove Properties Ltd has 1 employee and maintains cash reserves of £14 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2018 | Jun 2017 | Jun 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 171,955 | 154,130 | 136,570 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 1,625 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 37,764 | 61,267 | 8,901 | 1,625 | 1,625 | 0 |
| Cash | 14 | 192 | 5,330 | 190 | 40 | 69 |
| misc current assets | 0 | 0 | 0 | 130 | 0 | 0 |
| total current assets | 209,733 | 215,589 | 150,801 | 1,945 | 1,665 | 1,694 |
| total assets | 209,733 | 215,589 | 150,801 | 1,945 | 1,665 | 1,694 |
| Bank overdraft | 11,160 | 11,160 | 53,616 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 27,648 | 8,273 | 11,837 | 390 | 590 | 1,451 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 37,453 | 12,620 | 43,649 | 2,294 | 1,354 | 0 |
| total current liabilities | 76,261 | 32,053 | 109,102 | 2,684 | 1,944 | 1,451 |
| loans | 198,523 | 201,675 | 50,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 198,523 | 201,675 | 50,000 | 0 | 0 | 0 |
| total liabilities | 274,784 | 233,728 | 159,102 | 2,684 | 1,944 | 1,451 |
| net assets | -65,051 | -18,139 | -8,301 | -739 | -279 | 243 |
| total shareholders funds | -65,051 | -18,139 | -8,301 | -739 | -279 | 243 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 17,825 | 17,560 | 136,570 | 0 | 0 | 0 |
| Debtors | -23,503 | 52,366 | 8,901 | 0 | 0 | 1,625 |
| Creditors | 19,375 | -3,564 | 11,837 | -200 | -861 | 1,451 |
| Accruals and Deferred Income | 24,833 | -31,029 | 43,649 | 940 | 1,354 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -3,152 | 151,675 | 50,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -178 | -5,138 | 5,330 | 150 | -29 | 69 |
| overdraft | 0 | -42,456 | 53,616 | 0 | 0 | 0 |
| change in cash | -178 | 37,318 | -48,286 | 150 | -29 | 69 |
norgrove properties ltd Credit Report and Business Information
Norgrove Properties Ltd Competitor Analysis
Perform a competitor analysis for norgrove properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DY11 area or any other competitors across 12 key performance metrics.
norgrove properties ltd Ownership
NORGROVE PROPERTIES LTD group structure
Norgrove Properties Ltd has no subsidiary companies.
Ultimate parent company
NORGROVE PROPERTIES LTD
09628617
norgrove properties ltd directors
Norgrove Properties Ltd currently has 1 director, Mrs Sharon Norgrove serving since Nov 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sharon Norgrove | 38 years | Nov 2019 | - | Director |
P&L
September 2022turnover
108.6k
+81%
operating profit
-29.5k
0%
gross margin
71.1%
+2.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
-65.1k
+2.59%
total assets
209.7k
-0.03%
cash
14
-0.93%
net assets
Total assets minus all liabilities
norgrove properties ltd company details
company number
09628617
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
June 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2022
previous names
N/A
accountant
KIMBERLEE & CO
auditor
-
address
unit 2 pro plas pvc centre ltd, ricketts close, kidderminster, worcs, DY11 7QN
Bank
-
Legal Advisor
-
norgrove properties 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 found 2 charges/mortgages relating to norgrove properties ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
norgrove properties ltd Companies House Filings - See Documents
| date | description | view/download |
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