london lets (estate agent) ltd
london lets (estate agent) ltd Company Information
Company Number
09725099
Website
-Registered Address
first floor 12 cavell street, london, E1 2HP
Industry
Management of real estate on a fee or contract basis
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Directors
Shah Ameen9 Years
Shareholders
shah muhammad shamsul ameen 100%
london lets (estate agent) ltd Estimated Valuation
Pomanda estimates the enterprise value of LONDON LETS (ESTATE AGENT) LTD at £66.8k based on a Turnover of £54.3k and 1.23x industry multiple (adjusted for size and gross margin).
london lets (estate agent) ltd Estimated Valuation
Pomanda estimates the enterprise value of LONDON LETS (ESTATE AGENT) LTD at £311 based on an EBITDA of £70 and a 4.41x industry multiple (adjusted for size and gross margin).
london lets (estate agent) ltd Estimated Valuation
Pomanda estimates the enterprise value of LONDON LETS (ESTATE AGENT) LTD at £0 based on Net Assets of £-10.7k and 1.64x industry multiple (adjusted for liquidity).
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London Lets (estate Agent) Ltd Overview
London Lets (estate Agent) Ltd is a live company located in london, E1 2HP with a Companies House number of 09725099. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in August 2015, it's largest shareholder is shah muhammad shamsul ameen with a 100% stake. London Lets (estate Agent) Ltd is a young, micro sized company, Pomanda has estimated its turnover at £54.3k with declining growth in recent years.
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London Lets (estate Agent) Ltd Health Check
Pomanda's financial health check has awarded London Lets (Estate Agent) Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £54.3k, make it smaller than the average company (£1.1m)
- London Lets (estate Agent) Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (4.2%)
- London Lets (estate Agent) Ltd
4.2% - Industry AVG
Production
with a gross margin of 12.2%, this company has a higher cost of product (43.9%)
- London Lets (estate Agent) Ltd
43.9% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (8.1%)
- London Lets (estate Agent) Ltd
8.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
1 - London Lets (estate Agent) Ltd
10 - Industry AVG
Pay Structure
on an average salary of £42.1k, the company has an equivalent pay structure (£42.1k)
- London Lets (estate Agent) Ltd
£42.1k - Industry AVG
Efficiency
resulting in sales per employee of £54.3k, this is less efficient (£103.7k)
- London Lets (estate Agent) Ltd
£103.7k - Industry AVG
Debtor Days
it gets paid by customers after 120 days, this is later than average (33 days)
- London Lets (estate Agent) Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (31 days)
- London Lets (estate Agent) Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- London Lets (estate Agent) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - London Lets (estate Agent) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 159.8%, this is a higher level of debt than the average (80.6%)
159.8% - London Lets (estate Agent) Ltd
80.6% - Industry AVG
LONDON LETS (ESTATE AGENT) LTD financials
London Lets (Estate Agent) Ltd's latest turnover from August 2023 is estimated at £54.3 thousand and the company has net assets of -£10.7 thousand. According to their latest financial statements, London Lets (Estate Agent) Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 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 | 1 | 2 | 2 | 2 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 520 | 1,302 | 2,084 | 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 | 0 | 0 | 520 | 1,302 | 2,084 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 17,878 | 31,628 | 49,033 | 57,230 | 6,290 | 1 | 0 | 1,089 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 17,878 | 31,628 | 49,033 | 57,230 | 6,290 | 1 | 0 | 1,089 |
| total assets | 17,878 | 31,628 | 49,553 | 58,532 | 8,374 | 1 | 0 | 1,089 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,442 | 12,797 | 15,892 | 12,940 | 12,395 | 0 | 0 | 1,185 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 9,442 | 12,797 | 15,892 | 12,940 | 12,395 | 0 | 0 | 1,185 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,065 | 865 | 515 | 485 | 250 | 0 | 0 | 0 |
| other liabilities | 18,055 | 28,703 | 39,352 | 50,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 19,120 | 29,568 | 39,867 | 50,485 | 250 | 0 | 0 | 0 |
| total liabilities | 28,562 | 42,365 | 55,759 | 63,425 | 12,645 | 0 | 0 | 1,185 |
| net assets | -10,684 | -10,737 | -6,206 | -4,893 | -4,271 | 1 | 0 | -96 |
| total shareholders funds | -10,684 | -10,737 | -6,206 | -4,893 | -4,271 | 1 | 0 | -96 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | ||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -13,750 | -17,405 | -8,197 | 50,940 | 6,289 | 1 | -1,089 | 1,089 |
| Creditors | -3,355 | -3,095 | 2,952 | 545 | 12,395 | 0 | -1,185 | 1,185 |
| Accruals and Deferred Income | 200 | 350 | 30 | 235 | 250 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| 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 | 0 | 0 | 0 | 0 | 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 | -10,648 | -10,649 | -10,648 | 50,000 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
london lets (estate agent) ltd Credit Report and Business Information
London Lets (estate Agent) Ltd Competitor Analysis
Perform a competitor analysis for london lets (estate agent) ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in E 1 area or any other competitors across 12 key performance metrics.
london lets (estate agent) ltd Ownership
LONDON LETS (ESTATE AGENT) LTD group structure
London Lets (Estate Agent) Ltd has no subsidiary companies.
Ultimate parent company
LONDON LETS (ESTATE AGENT) LTD
09725099
london lets (estate agent) ltd directors
London Lets (Estate Agent) Ltd currently has 1 director, Mr Shah Ameen serving since Aug 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shah Ameen | England | 44 years | Aug 2015 | - | Director |
P&L
August 2023turnover
54.3k
-37%
operating profit
70.7
0%
gross margin
12.2%
+5.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-10.7k
0%
total assets
17.9k
-0.43%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
london lets (estate agent) ltd company details
company number
09725099
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
August 2015
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
london properties (lp) ltd (January 2019)
cross link network limited (July 2018)
accountant
-
auditor
-
address
first floor 12 cavell street, london, E1 2HP
Bank
-
Legal Advisor
-
london lets (estate agent) 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 did not find charges/mortgages relating to london lets (estate agent) ltd.
london lets (estate agent) ltd Companies House Filings - See Documents
| date | description | view/download |
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