sought after location limited
sought after location limited Company Information
Company Number
09910278
Next Accounts
May 2025
Industry
Buying and selling of own real estate
Shareholders
mr myles allan flannigan
mr william allan flannigan
Group Structure
View All
Contact
Registered Address
lifford hall lifford lane, kings norton, birmingham, west midlands, B30 3JN
Website
gohomesfamily.comsought after location limited Estimated Valuation
Pomanda estimates the enterprise value of SOUGHT AFTER LOCATION LIMITED at £6.1m based on a Turnover of £3m and 2.03x industry multiple (adjusted for size and gross margin).
sought after location limited Estimated Valuation
Pomanda estimates the enterprise value of SOUGHT AFTER LOCATION LIMITED at £0 based on an EBITDA of £-317.1k and a 4.63x industry multiple (adjusted for size and gross margin).
sought after location limited Estimated Valuation
Pomanda estimates the enterprise value of SOUGHT AFTER LOCATION LIMITED at £749k based on Net Assets of £464.9k and 1.61x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sought After Location Limited Overview
Sought After Location Limited is a live company located in birmingham, B30 3JN with a Companies House number of 09910278. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2015, it's largest shareholder is mr myles allan flannigan with a 50% stake. Sought After Location Limited is a young, small sized company, Pomanda has estimated its turnover at £3m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Sought After Location Limited Health Check
Pomanda's financial health check has awarded Sought After Location Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £3m, make it larger than the average company (£846.4k)
- Sought After Location Limited
£846.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 75%, show it is growing at a faster rate (2.5%)
- Sought After Location Limited
2.5% - Industry AVG
Production
with a gross margin of 26.6%, this company has a higher cost of product (69.3%)
- Sought After Location Limited
69.3% - Industry AVG
Profitability
an operating margin of -10.5% make it less profitable than the average company (26.3%)
- Sought After Location Limited
26.3% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
- Sought After Location Limited
4 - Industry AVG
Pay Structure
on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)
- Sought After Location Limited
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £604k, this is more efficient (£192.2k)
- Sought After Location Limited
£192.2k - Industry AVG
Debtor Days
it gets paid by customers after 109 days, this is later than average (24 days)
- Sought After Location Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 257 days, this is slower than average (32 days)
- Sought After Location Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 31 days, this is less than average (375 days)
- Sought After Location Limited
375 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (8 weeks)
4 weeks - Sought After Location Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.9%, this is a higher level of debt than the average (64.1%)
80.9% - Sought After Location Limited
64.1% - Industry AVG
SOUGHT AFTER LOCATION LIMITED financials
Sought After Location Limited's latest turnover from August 2023 is estimated at £3 million and the company has net assets of £464.9 thousand. According to their latest financial statements, we estimate that Sought After Location Limited has 5 employees and maintains cash reserves of £142.4 thousand 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 | Dec 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 | 2 | 2 | 2 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,192,261 | 1,193,388 | 1,194,890 | 1,196,893 | 1,199,564 | 1,202,887 | 1,188,880 | 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 | 1,192,261 | 1,193,388 | 1,194,890 | 1,196,893 | 1,199,564 | 1,202,887 | 1,188,880 | 0 |
| Stock & work in progress | 193,400 | 194,300 | 194,300 | 258,000 | 263,521 | 92,734 | 62,221 | 0 |
| Trade Debtors | 907,570 | 909,406 | 175,871 | 177,076 | 218,957 | 113,587 | 13,938 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 142,372 | 11,581 | 22,491 | 32,147 | 8,704 | 836 | 2,583 | 20 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,243,342 | 1,115,287 | 392,662 | 467,223 | 491,182 | 207,157 | 78,742 | 20 |
| total assets | 2,435,603 | 2,308,675 | 1,587,552 | 1,664,116 | 1,690,746 | 1,410,044 | 1,267,622 | 20 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,563,513 | 1,070,157 | 527,245 | 885,571 | 1,063,271 | 822,217 | 666,308 | 0 |
| 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 | 1,563,513 | 1,070,157 | 527,245 | 885,571 | 1,063,271 | 822,217 | 666,308 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 389,101 | 485,815 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 407,175 | 459,437 | 509,914 | 558,606 | 547,961 | 192,573 | 130,043 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 407,175 | 459,437 | 509,914 | 558,606 | 547,961 | 581,674 | 615,858 | 0 |
| total liabilities | 1,970,688 | 1,529,594 | 1,037,159 | 1,444,177 | 1,611,232 | 1,403,891 | 1,282,166 | 0 |
| net assets | 464,915 | 779,081 | 550,393 | 219,939 | 79,514 | 6,153 | -14,544 | 20 |
| total shareholders funds | 464,915 | 779,081 | 550,393 | 219,939 | 79,514 | 6,153 | -14,544 | 20 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 1,127 | 1,502 | 2,003 | 2,671 | 3,562 | 4,669 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | -900 | 0 | -63,700 | -5,521 | 170,787 | 30,513 | 62,221 | 0 |
| Debtors | -1,836 | 733,535 | -1,205 | -41,881 | 105,370 | 99,649 | 13,938 | 0 |
| Creditors | 493,356 | 542,912 | -358,326 | -177,700 | 241,054 | 155,909 | 666,308 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 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 | -389,101 | -96,714 | 485,815 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -52,262 | -50,477 | -48,692 | 10,645 | 355,388 | 62,530 | 130,043 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 130,791 | -10,910 | -9,656 | 23,443 | 7,868 | -1,747 | 2,563 | 20 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 130,791 | -10,910 | -9,656 | 23,443 | 7,868 | -1,747 | 2,563 | 20 |
sought after location limited Credit Report and Business Information
Sought After Location Limited Competitor Analysis
Perform a competitor analysis for sought after location limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in B30 area or any other competitors across 12 key performance metrics.
sought after location limited Ownership
SOUGHT AFTER LOCATION LIMITED group structure
Sought After Location Limited has no subsidiary companies.
Ultimate parent company
SOUGHT AFTER LOCATION LIMITED
09910278
sought after location limited directors
Sought After Location Limited currently has 2 directors. The longest serving directors include Mr William Flannigan (Dec 2015) and Mr Myles Flannigan (Dec 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Flannigan | United Kingdom | 34 years | Dec 2015 | - | Director |
| Mr Myles Flannigan | United Kingdom | 31 years | Dec 2015 | - | Director |
P&L
August 2023turnover
3m
+11%
operating profit
-318.2k
0%
gross margin
26.6%
-2.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
464.9k
-0.4%
total assets
2.4m
+0.05%
cash
142.4k
+11.29%
net assets
Total assets minus all liabilities
sought after location limited company details
company number
09910278
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
December 2015
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
August 2023
previous names
N/A
accountant
LANGARD LIFFORD HALL LIMITED
auditor
-
address
lifford hall lifford lane, kings norton, birmingham, west midlands, B30 3JN
Bank
-
Legal Advisor
-
sought after location 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 sought after location limited.
sought after location 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.
Click to start generating capital raising & share issue transactions for SOUGHT AFTER LOCATION LIMITED. This can take several minutes, an email will notify you when this has completed.
sought after location limited Companies House Filings - See Documents
| date | description | view/download |
|---|
