business lettings limited
business lettings limited Company Information
Company Number
09783388
Next Accounts
Jun 2026
Directors
Shareholders
adrian charles spreadborough
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
jupiter business centre, paycocke road, basildon, essex, SS14 3HX
business lettings limited Estimated Valuation
Pomanda estimates the enterprise value of BUSINESS LETTINGS LIMITED at £659.6k based on a Turnover of £199.5k and 3.31x industry multiple (adjusted for size and gross margin).
business lettings limited Estimated Valuation
Pomanda estimates the enterprise value of BUSINESS LETTINGS LIMITED at £1.3m based on an EBITDA of £207.8k and a 6.46x industry multiple (adjusted for size and gross margin).
business lettings limited Estimated Valuation
Pomanda estimates the enterprise value of BUSINESS LETTINGS LIMITED at £419k based on Net Assets of £240k and 1.75x industry multiple (adjusted for liquidity).
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Business Lettings Limited Overview
Business Lettings Limited is a live company located in basildon, SS14 3HX with a Companies House number of 09783388. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2015, it's largest shareholder is adrian charles spreadborough with a 100% stake. Business Lettings Limited is a established, micro sized company, Pomanda has estimated its turnover at £199.5k with unknown growth in recent years.
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Business Lettings Limited Health Check
Pomanda's financial health check has awarded Business Lettings Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
4 Weak
Size
annual sales of £199.5k, make it smaller than the average company (£1m)
- Business Lettings Limited
£1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Business Lettings Limited
- - Industry AVG
Production
with a gross margin of 72.1%, this company has a comparable cost of product (72.1%)
- Business Lettings Limited
72.1% - Industry AVG
Profitability
an operating margin of 104.2% make it more profitable than the average company (27.1%)
- Business Lettings Limited
27.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Business Lettings Limited
4 - Industry AVG
Pay Structure
on an average salary of £34.2k, the company has an equivalent pay structure (£34.2k)
- Business Lettings Limited
£34.2k - Industry AVG
Efficiency
resulting in sales per employee of £199.5k, this is equally as efficient (£199.5k)
- Business Lettings Limited
£199.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Business Lettings Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Business Lettings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Business Lettings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (10 weeks)
2 weeks - Business Lettings Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.2%, this is a higher level of debt than the average (68.7%)
96.2% - Business Lettings Limited
68.7% - Industry AVG
BUSINESS LETTINGS LIMITED financials
Business Lettings Limited's latest turnover from September 2024 is estimated at £199.5 thousand and the company has net assets of £240 thousand. According to their latest financial statements, Business Lettings Limited has 1 employee and maintains cash reserves of £241.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 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 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | 2,295,953 | 2,295,953 | 2,295,953 | 1,178 | 1 | ||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 2,295,953 | 2,295,953 | 2,295,953 | 1,178 | 1 | ||||
| Stock & work in progress | |||||||||
| Trade Debtors | 22,000 | ||||||||
| Group Debtors | |||||||||
| Misc Debtors | 3,767,843 | 4,450,003 | 3 | 3 | 1 | 1 | |||
| Cash | 241,516 | 131,180 | 8,620 | ||||||
| misc current assets | |||||||||
| total current assets | 4,009,359 | 4,581,183 | 30,623 | 3 | 1 | 1 | |||
| total assets | 6,305,312 | 6,877,136 | 2,326,576 | 1,181 | 1 | 1 | 1 | ||
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 480 | 28,422 | |||||||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 6,065,344 | 6,799,548 | 2,296,371 | 1,178 | |||||
| total current liabilities | 6,065,344 | 6,800,028 | 2,324,793 | 1,178 | |||||
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 6,065,344 | 6,800,028 | 2,324,793 | 1,178 | |||||
| net assets | 239,968 | 77,108 | 1,783 | 3 | 1 | 1 | 1 | ||
| total shareholders funds | 239,968 | 77,108 | 1,783 | 3 | 1 | 1 | 1 |
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -682,160 | 4,428,000 | 22,000 | 2 | 1 | -1 | 1 | ||
| Creditors | -480 | -27,942 | 28,422 | ||||||
| Accruals and Deferred Income | -734,204 | 4,503,177 | 2,295,193 | 1,178 | |||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 2,294,775 | 1,178 | -1 | 1 | |||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 110,336 | 122,560 | 8,620 | ||||||
| overdraft | |||||||||
| change in cash | 110,336 | 122,560 | 8,620 |
business lettings limited Credit Report and Business Information
Business Lettings Limited Competitor Analysis
Perform a competitor analysis for business lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SS14 area or any other competitors across 12 key performance metrics.
business lettings limited Ownership
BUSINESS LETTINGS LIMITED group structure
Business Lettings Limited has 2 subsidiary companies.
Ultimate parent company
BUSINESS LETTINGS LIMITED
09783388
2 subsidiaries
business lettings limited directors
Business Lettings Limited currently has 1 director, Mr Adrian Spreadborough serving since Sep 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Spreadborough | England | 60 years | Sep 2015 | - | Director |
P&L
September 2024turnover
199.5k
+95%
operating profit
207.8k
0%
gross margin
72.1%
-0.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2024net assets
240k
+2.11%
total assets
6.3m
-0.08%
cash
241.5k
+0.84%
net assets
Total assets minus all liabilities
Similar Companies
business lettings limited company details
company number
09783388
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
September 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2024
previous names
spreadborough properties limited (January 2022)
accountant
-
auditor
-
address
jupiter business centre, paycocke road, basildon, essex, SS14 3HX
Bank
-
Legal Advisor
-
business lettings 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 business lettings limited.
business lettings 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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business lettings limited Companies House Filings - See Documents
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