norgrove properties ltd

1

norgrove properties ltd Company Information

Share NORGROVE PROPERTIES LTD
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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

£331.6k

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

£0

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

£0

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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £108.6k, make it smaller than the average company (£717.9k)

£108.6k - Norgrove Properties Ltd

£717.9k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Norgrove Properties Ltd

- - Industry AVG

production

Production

with a gross margin of 71.1%, this company has a comparable cost of product (71.1%)

71.1% - Norgrove Properties Ltd

71.1% - Industry AVG

profitability

Profitability

an operating margin of -27.2% make it less profitable than the average company (43.3%)

-27.2% - Norgrove Properties Ltd

43.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Norgrove Properties Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)

£30.4k - Norgrove Properties Ltd

£30.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £108.6k, this is less efficient (£158.8k)

£108.6k - Norgrove Properties Ltd

£158.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Norgrove Properties Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 321 days, this is slower than average (37 days)

321 days - Norgrove Properties Ltd

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1996 days, this is more than average (66 days)

1996 days - Norgrove Properties Ltd

66 days - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Sep 2022Sep 2021Sep 2020Sep 2018Jun 2017Jun 2016
Turnover108,56159,82368,7811,0391,23416,162
Other Income Or Grants000000
Cost Of Sales31,43218,35119,5872823054,319
Gross Profit77,12941,47249,19475792911,843
Admin Expenses106,61441,66154,3391,2181,45111,541
Operating Profit-29,485-189-5,145-461-522302
Interest Payable17,4299,6523,160000
Interest Receivable233100
Pre-Tax Profit-46,912-9,838-8,303-460-522303
Tax00000-60
Profit After Tax-46,912-9,838-8,303-460-522242
Dividends Paid000000
Retained Profit-46,912-9,838-8,303-460-522242
Employee Costs30,37428,40127,70627,26525,68826,212
Number Of Employees111111
EBITDA*-29,485-189-5,145-461-522302

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2022Sep 2021Sep 2020Sep 2018Jun 2017Jun 2016
Tangible Assets000000
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets000000
Stock & work in progress171,955154,130136,570000
Trade Debtors000001,625
Group Debtors000000
Misc Debtors37,76461,2678,9011,6251,6250
Cash141925,3301904069
misc current assets00013000
total current assets209,733215,589150,8011,9451,6651,694
total assets209,733215,589150,8011,9451,6651,694
Bank overdraft11,16011,16053,616000
Bank loan000000
Trade Creditors 27,6488,27311,8373905901,451
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities37,45312,62043,6492,2941,3540
total current liabilities76,26132,053109,1022,6841,9441,451
loans198,523201,67550,000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions000000
total long term liabilities198,523201,67550,000000
total liabilities274,784233,728159,1022,6841,9441,451
net assets-65,051-18,139-8,301-739-279243
total shareholders funds-65,051-18,139-8,301-739-279243
Sep 2022Sep 2021Sep 2020Sep 2018Jun 2017Jun 2016
Operating Activities
Operating Profit-29,485-189-5,145-461-522302
Depreciation000000
Amortisation000000
Tax00000-60
Stock17,82517,560136,570000
Debtors-23,50352,3668,901001,625
Creditors19,375-3,56411,837-200-8611,451
Accruals and Deferred Income24,833-31,02943,6499401,3540
Deferred Taxes & Provisions000000
Cash flow from operations20,401-104,708-95,130279-2968
Investing Activities
capital expenditure000000
Change in Investments000000
cash flow from investments000000
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans-3,152151,67550,000000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue002001
interest-17,427-9,649-3,157100
cash flow from financing-20,579142,02646,845101
cash and cash equivalents
cash-178-5,1385,330150-2969
overdraft0-42,45653,616000
change in cash-17837,318-48,286150-2969

norgrove properties ltd 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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Norgrove Properties Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

jack norgrove 50%
sharon hannah mary norgrove 50%

norgrove properties ltd directors

Norgrove Properties Ltd currently has 1 director, Mrs Sharon Norgrove serving since Nov 2019.

officercountryagestartendrole
Mrs Sharon Norgrove38 years Nov 2019- Director

P&L

September 2022

turnover

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 2022

net 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

None

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.

charges

norgrove properties ltd Companies House Filings - See Documents

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