velvet goldmine properties ltd
velvet goldmine properties ltd Company Information
Company Number
09939166
Website
-Registered Address
second floor kennel club house, gatehouse way, aylesbury, buckinghamshire, HP19 8DB
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
anita kumar 50%
surrinder kumar 50%
velvet goldmine properties ltd Estimated Valuation
Pomanda estimates the enterprise value of VELVET GOLDMINE PROPERTIES LTD at £426.2k based on a Turnover of £184.8k and 2.31x industry multiple (adjusted for size and gross margin).
velvet goldmine properties ltd Estimated Valuation
Pomanda estimates the enterprise value of VELVET GOLDMINE PROPERTIES LTD at £252.4k based on an EBITDA of £41.7k and a 6.06x industry multiple (adjusted for size and gross margin).
velvet goldmine properties ltd Estimated Valuation
Pomanda estimates the enterprise value of VELVET GOLDMINE PROPERTIES LTD at £349.1k based on Net Assets of £239.4k and 1.46x industry multiple (adjusted for liquidity).
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Velvet Goldmine Properties Ltd Overview
Velvet Goldmine Properties Ltd is a live company located in aylesbury, HP19 8DB with a Companies House number of 09939166. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in January 2016, it's largest shareholder is anita kumar with a 50% stake. Velvet Goldmine Properties Ltd is a young, micro sized company, Pomanda has estimated its turnover at £184.8k with declining growth in recent years.
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Velvet Goldmine Properties Ltd Health Check
Pomanda's financial health check has awarded Velvet Goldmine Properties Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £184.8k, make it smaller than the average company (£873.5k)
- Velvet Goldmine Properties Ltd
£873.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (2.1%)
- Velvet Goldmine Properties Ltd
2.1% - Industry AVG
Production
with a gross margin of 68.9%, this company has a comparable cost of product (68.9%)
- Velvet Goldmine Properties Ltd
68.9% - Industry AVG
Profitability
an operating margin of 22.5% make it less profitable than the average company (36.6%)
- Velvet Goldmine Properties Ltd
36.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Velvet Goldmine Properties Ltd
4 - Industry AVG
Pay Structure
on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)
- Velvet Goldmine Properties Ltd
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £92.4k, this is less efficient (£185.5k)
- Velvet Goldmine Properties Ltd
£185.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Velvet Goldmine Properties Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (32 days)
- Velvet Goldmine Properties Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Velvet Goldmine Properties Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is more cash available to meet short term requirements (8 weeks)
13 weeks - Velvet Goldmine Properties Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.3%, this is a similar level of debt than the average (63.7%)
59.3% - Velvet Goldmine Properties Ltd
63.7% - Industry AVG
VELVET GOLDMINE PROPERTIES LTD financials
Velvet Goldmine Properties Ltd's latest turnover from January 2023 is estimated at £184.8 thousand and the company has net assets of £239.4 thousand. According to their latest financial statements, Velvet Goldmine Properties Ltd has 2 employees and maintains cash reserves of £92.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 496,263 | 496,263 | 496,263 | 496,263 | 496,263 | 496,263 | 496,263 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 496,263 | 496,263 | 496,263 | 496,263 | 496,263 | 496,263 | 496,263 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 92,362 | 62,015 | 68,809 | 46,462 | 203,385 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 92,362 | 62,015 | 68,809 | 46,462 | 203,385 | 0 | 0 |
| total assets | 588,625 | 558,278 | 565,072 | 542,725 | 699,648 | 496,263 | 496,263 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 60 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 349,117 | 354,757 | 397,592 | 411,308 | 604,282 | 436,926 | 472,838 |
| total current liabilities | 349,177 | 354,757 | 397,592 | 411,308 | 604,282 | 436,926 | 472,838 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 349,177 | 354,757 | 397,592 | 411,308 | 604,282 | 436,926 | 472,838 |
| net assets | 239,448 | 203,521 | 167,480 | 131,417 | 95,366 | 59,337 | 23,425 |
| total shareholders funds | 239,448 | 203,521 | 167,480 | 131,417 | 95,366 | 59,337 | 23,425 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 60 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -5,640 | -42,835 | -13,716 | -192,974 | 167,356 | -35,912 | 472,838 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 496,263 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 30,347 | -6,794 | 22,347 | -156,923 | 203,385 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 30,347 | -6,794 | 22,347 | -156,923 | 203,385 | 0 | 0 |
velvet goldmine properties ltd Credit Report and Business Information
Velvet Goldmine Properties Ltd Competitor Analysis
Perform a competitor analysis for velvet goldmine properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HP19 area or any other competitors across 12 key performance metrics.
velvet goldmine properties ltd Ownership
VELVET GOLDMINE PROPERTIES LTD group structure
Velvet Goldmine Properties Ltd has no subsidiary companies.
Ultimate parent company
VELVET GOLDMINE PROPERTIES LTD
09939166
velvet goldmine properties ltd directors
Velvet Goldmine Properties Ltd currently has 2 directors. The longest serving directors include Dr Surrinder Kumar (Jan 2016) and Ms Anita Kumar (Jan 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Surrinder Kumar | 62 years | Jan 2016 | - | Director | |
| Ms Anita Kumar | 56 years | Jan 2016 | - | Director |
P&L
January 2023turnover
184.8k
-54%
operating profit
41.7k
0%
gross margin
69%
+2.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
239.4k
+0.18%
total assets
588.6k
+0.05%
cash
92.4k
+0.49%
net assets
Total assets minus all liabilities
Similar Companies
velvet goldmine properties ltd company details
company number
09939166
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
January 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2023
previous names
N/A
accountant
HAINES WATTS
auditor
-
address
second floor kennel club house, gatehouse way, aylesbury, buckinghamshire, HP19 8DB
Bank
-
Legal Advisor
-
velvet goldmine properties 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 velvet goldmine properties ltd.
velvet goldmine properties ltd Companies House Filings - See Documents
| date | description | view/download |
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