cbit property ltd

Live EstablishedMicroDeclining

cbit property ltd Company Information

Share CBIT PROPERTY LTD

Company Number

09796202

Shareholders

james terence mitchell

kirstine elizabeth mitchell

Group Structure

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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

unit 31 top angel, buckingham industrial estate, buckingham, MK18 1TH

Website

-

cbit property ltd Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of CBIT PROPERTY LTD at £1.3m based on a Turnover of £405.5k and 3.23x industry multiple (adjusted for size and gross margin).

cbit property ltd Estimated Valuation

£8.4k

Pomanda estimates the enterprise value of CBIT PROPERTY LTD at £8.4k based on an EBITDA of £1.3k and a 6.49x industry multiple (adjusted for size and gross margin).

cbit property ltd Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of CBIT PROPERTY LTD at £1.2m based on Net Assets of £695k and 1.76x industry multiple (adjusted for liquidity).

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Cbit Property Ltd Overview

Cbit Property Ltd is a live company located in buckingham, MK18 1TH with a Companies House number of 09796202. 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 james terence mitchell with a 51% stake. Cbit Property Ltd is a established, micro sized company, Pomanda has estimated its turnover at £405.5k with declining growth in recent years.

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Cbit Property Ltd Health Check

Pomanda's financial health check has awarded Cbit Property Ltd a 3 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

Health Check Image
Health Rating3out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £405.5k, make it smaller than the average company (£1.1m)

£405.5k - Cbit Property Ltd

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (3.6%)

-4% - Cbit Property Ltd

3.6% - Industry AVG

production

Production

with a gross margin of 70.8%, this company has a comparable cost of product (70.8%)

70.8% - Cbit Property Ltd

70.8% - Industry AVG

profitability

Profitability

an operating margin of 0.3% make it less profitable than the average company (21.4%)

0.3% - Cbit Property Ltd

21.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Cbit Property Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)

£33.1k - Cbit Property Ltd

£33.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £202.7k, this is equally as efficient (£202.7k)

£202.7k - Cbit Property Ltd

£202.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Cbit Property Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Cbit Property Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Cbit Property Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 9 weeks, this is average cash available to meet short term requirements (10 weeks)

9 weeks - Cbit Property Ltd

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 57.7%, this is a lower level of debt than the average (71.4%)

57.7% - Cbit Property Ltd

71.4% - Industry AVG

CBIT PROPERTY LTD financials

EXPORTms excel logo

Cbit Property Ltd's latest turnover from December 2023 is estimated at £405.5 thousand and the company has net assets of £695 thousand. According to their latest financial statements, Cbit Property Ltd has 2 employees and maintains cash reserves of £55.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
Turnover405,478186,083464,822452,840485,177467,379413,925432,873522,679
Other Income Or Grants
Cost Of Sales118,45454,643146,678141,424160,254146,183120,661119,988172,683
Gross Profit287,024131,440318,144311,416324,923321,196293,264312,885349,995
Admin Expenses285,72887,073124,743-99,256300,069242,3765,262309,477349,995
Operating Profit1,29644,367193,401410,67224,85478,820288,0023,408
Interest Payable47,68540,17126,23220,07916,25216,25211,0193,071
Interest Receivable2,6501,364587
Pre-Tax Profit-43,7395,560167,227390,5998,60262,568276,984338
Tax-1,056-31,773-74,214-1,634-11,888-52,627-67
Profit After Tax-43,7394,504135,454316,3856,96850,680224,357270
Dividends Paid
Retained Profit-43,7394,504135,454316,3856,96850,680224,357270
Employee Costs66,20031,37890,52785,18287,33484,02780,12680,00080,000
Number Of Employees213333333
EBITDA*1,29644,367193,401410,67224,85478,820288,0023,408

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
Tangible Assets
Intangible Assets
Investments & Other1,585,0001,585,0001,585,0001,428,000795,000795,000755,000229,18291,376
Debtors (Due After 1 year)
Total Fixed Assets1,585,0001,585,0001,585,0001,428,000795,000795,000755,000229,18291,376
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors6,24020,05949
Cash55,90045,03432,88113,414
misc current assets
total current assets55,90045,03432,88113,4146,2407,14120,05949
total assets1,640,9001,630,0341,617,8811,441,414801,240802,141755,000249,24191,425
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts243,432149,10091,325
other short term finances
hp & lease commitments
other current liabilities308,806305,381299,763292,834219,298233,3562631,505
total current liabilities308,806305,381299,763292,834219,298233,356243,695150,60591,325
loans423,863423,863421,832417,578240,766240,766240,76698,266
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions213,252162,072162,072132,24258,80152,61245,812
total long term liabilities637,115585,935583,904549,820299,567293,378286,57898,266
total liabilities945,921891,316883,667842,654518,865526,734530,273248,87191,325
net assets694,979738,718734,214598,760282,375275,407224,727370100
total shareholders funds694,979738,718734,214598,760282,375275,407224,727370100
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
Operating Activities
Operating Profit1,29644,367193,401410,67224,85478,820288,0023,408
Depreciation
Amortisation
Tax-1,056-31,773-74,214-1,634-11,888-52,627-67
Stock
Debtors-6,240-9017,141-20,05920,01049
Creditors
Accruals and Deferred Income3,4255,6186,92973,536-14,058233,093-1,2421,505
Deferred Taxes & Provisions51,18029,83073,4416,1896,80045,812
Cash flow from operations55,90148,929198,387489,67516,252299,684300,004-15,164-49
Investing Activities
capital expenditure
Change in Investments157,000633,00040,000525,818137,80691,376
cash flow from investments-157,000-633,000-40,000-525,818-137,806-91,376
Financing Activities
Bank loans
Group/Directors Accounts-243,43294,33257,77591,325
Other Short Term Loans
Long term loans2,0314,254176,812142,50098,266
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest-45,035-38,807-26,174-20,072-16,252-16,252-11,019-3,071
cash flow from financing-45,035-36,776-21,920156,740-16,252-259,684225,813152,97091,425
cash and cash equivalents
cash10,86612,15319,46713,414
overdraft
change in cash10,86612,15319,46713,414

cbit property 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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Cbit Property Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for cbit property ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in MK18 area or any other competitors across 12 key performance metrics.

cbit property ltd Ownership

CBIT PROPERTY LTD group structure

Cbit Property Ltd has no subsidiary companies.

Ultimate parent company

1 parent

CBIT PROPERTY LTD

09796202

CBIT PROPERTY LTD Shareholders

james terence mitchell 51%
kirstine elizabeth mitchell 49%

cbit property ltd directors

Cbit Property Ltd currently has 2 directors. The longest serving directors include Mr James Mitchell (Sep 2015) and Ms Kirstine Mitchell (Nov 2022).

officercountryagestartendrole
Mr James MitchellUnited Kingdom48 years Sep 2015- Director
Ms Kirstine MitchellEngland47 years Nov 2022- Director

P&L

December 2023

turnover

405.5k

+118%

operating profit

1.3k

0%

gross margin

70.8%

+0.21%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

695k

-0.06%

total assets

1.6m

+0.01%

cash

55.9k

+0.24%

net assets

Total assets minus all liabilities

cbit property ltd company details

company number

09796202

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

December 2023

previous names

N/A

accountant

-

auditor

-

address

unit 31 top angel, buckingham industrial estate, buckingham, MK18 1TH

Bank

-

Legal Advisor

-

cbit property 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 6 charges/mortgages relating to cbit property ltd. Currently there are 5 open charges and 1 have been satisfied in the past.

cbit property ltd 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.

Click to start generating capital raising & share issue transactions for CBIT PROPERTY LTD. This can take several minutes, an email will notify you when this has completed.

cbit property ltd Companies House Filings - See Documents

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