northcote property limited
northcote property limited Company Information
Company Number
09647632
Next Accounts
Dec 2025
Shareholders
kirti patel
hitendra patel
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
the old mill 9 soar lane, leicester, LE3 5DE
Website
-northcote property limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHCOTE PROPERTY LIMITED at £6.2k based on a Turnover of £2.1k and 2.94x industry multiple (adjusted for size and gross margin).
northcote property limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHCOTE PROPERTY LIMITED at £1.3m based on an EBITDA of £211.1k and a 6.21x industry multiple (adjusted for size and gross margin).
northcote property limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHCOTE PROPERTY LIMITED at £1.1m based on Net Assets of £690.2k and 1.6x industry multiple (adjusted for liquidity).
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Northcote Property Limited Overview
Northcote Property Limited is a live company located in leicester, LE3 5DE with a Companies House number of 09647632. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 2015, it's largest shareholder is kirti patel with a 50% stake. Northcote Property Limited is a established, micro sized company, Pomanda has estimated its turnover at £2.1k with declining growth in recent years.
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Northcote Property Limited Health Check
Pomanda's financial health check has awarded Northcote Property 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
2 Strong
2 Regular
6 Weak
Size
annual sales of £2.1k, make it smaller than the average company (£823.5k)
- Northcote Property Limited
£823.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -60%, show it is growing at a slower rate (3.2%)
- Northcote Property Limited
3.2% - Industry AVG
Production
with a gross margin of 66.9%, this company has a comparable cost of product (66.9%)
- Northcote Property Limited
66.9% - Industry AVG
Profitability
an operating margin of 9919.7% make it more profitable than the average company (27.6%)
- Northcote Property Limited
27.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Northcote Property Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
- Northcote Property Limited
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £2.1k, this is less efficient (£199.7k)
- Northcote Property Limited
£199.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Northcote Property Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 295 days, this is slower than average (32 days)
- Northcote Property Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Northcote Property Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Northcote Property Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.2%, this is a higher level of debt than the average (61.8%)
88.2% - Northcote Property Limited
61.8% - Industry AVG
NORTHCOTE PROPERTY LIMITED financials
Northcote Property Limited's latest turnover from March 2024 is estimated at £2.1 thousand and the company has net assets of £690.2 thousand. According to their latest financial statements, we estimate that Northcote Property Limited has 1 employee and maintains cash reserves of £76.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Feb 2018 | Feb 2017 | Feb 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
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,784,825 | 5,638,687 | 3,633 | 0 | 0 | 0 | 0 | 2,567,815 | 1,714,508 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 5,211,467 | 3,805,990 | 3,805,990 | 3,325,947 | 2,890,815 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,784,825 | 5,638,687 | 5,215,100 | 3,805,990 | 3,805,990 | 3,325,947 | 2,890,815 | 2,567,815 | 1,714,508 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 12,000 | 0 | 0 | 1,200 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 10,047 | 7,708 | 12,045 | 11,568 | 21,951 | 21,743 | 32,654 | 2,396 | 4,250 |
| Cash | 76,228 | 50,629 | 27,251 | 4,336 | 15,034 | 146,349 | 59,461 | 58,201 | 10,801 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 86,275 | 70,337 | 39,296 | 15,904 | 38,185 | 168,092 | 92,115 | 60,597 | 15,051 |
| total assets | 5,871,100 | 5,709,024 | 5,254,396 | 3,821,894 | 3,844,175 | 3,494,039 | 2,982,930 | 2,628,412 | 1,729,559 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 569 | 795 | 7,965 | 9,472 | 14,207 | 14,169 | 1,006 | 3,532 | 25,499 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,180,312 | 5,178,569 | 4,894,438 | 3,551,983 | 3,643,280 | 3,364,280 | 2,961,581 | 2,642,058 | 1,712,082 |
| total current liabilities | 5,180,881 | 5,179,364 | 4,902,403 | 3,561,455 | 3,657,487 | 3,378,449 | 2,962,587 | 2,645,590 | 1,737,581 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,180,881 | 5,179,364 | 4,902,403 | 3,561,455 | 3,657,487 | 3,378,449 | 2,962,587 | 2,645,590 | 1,737,581 |
| net assets | 690,219 | 529,660 | 351,993 | 260,439 | 186,688 | 115,590 | 20,343 | -17,178 | -8,022 |
| total shareholders funds | 690,219 | 529,660 | 351,993 | 260,439 | 186,688 | 115,590 | 20,343 | -17,178 | -8,022 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 386 | 386 | 225 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -9,661 | 7,663 | 477 | -11,583 | 1,408 | -10,911 | 30,258 | -1,854 | 4,250 |
| Creditors | -226 | -7,170 | -1,507 | -4,735 | 38 | 13,163 | -2,526 | -21,967 | 25,499 |
| Accruals and Deferred Income | 1,743 | 284,131 | 1,342,455 | -91,297 | 279,000 | 402,699 | 319,523 | 929,976 | 1,712,082 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | -5,211,467 | 1,405,477 | 0 | 480,043 | 435,132 | 2,890,815 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 25,599 | 23,378 | 22,915 | -10,698 | -131,315 | 86,888 | 1,260 | 47,400 | 10,801 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 25,599 | 23,378 | 22,915 | -10,698 | -131,315 | 86,888 | 1,260 | 47,400 | 10,801 |
northcote property limited Credit Report and Business Information
Northcote Property Limited Competitor Analysis
Perform a competitor analysis for northcote property limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in LE3 area or any other competitors across 12 key performance metrics.
northcote property limited Ownership
NORTHCOTE PROPERTY LIMITED group structure
Northcote Property Limited has no subsidiary companies.
Ultimate parent company
NORTHCOTE PROPERTY LIMITED
09647632
northcote property limited directors
Northcote Property Limited currently has 2 directors. The longest serving directors include Mrs Kirti Patel (Jun 2015) and Mr Josh Cocklin (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Kirti Patel | United Kingdom | 56 years | Jun 2015 | - | Director |
| Mr Josh Cocklin | England | 34 years | Sep 2021 | - | Director |
P&L
March 2024turnover
2.1k
-98%
operating profit
210.7k
0%
gross margin
67%
+0.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
690.2k
+0.3%
total assets
5.9m
+0.03%
cash
76.2k
+0.51%
net assets
Total assets minus all liabilities
northcote property limited company details
company number
09647632
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
the old mill 9 soar lane, leicester, LE3 5DE
Bank
-
Legal Advisor
-
northcote property 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 northcote property limited.
northcote property 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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northcote property limited Companies House Filings - See Documents
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