letsell limited
letsell limited Company Information
Company Number
09994568
Next Accounts
Nov 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
ajit sangha
Group Structure
View All
Contact
Registered Address
forde house nicholashayne, wellington, somerset, TA21 9QY
Website
-letsell limited Estimated Valuation
Pomanda estimates the enterprise value of LETSELL LIMITED at £141.6k based on a Turnover of £57.7k and 2.45x industry multiple (adjusted for size and gross margin).
letsell limited Estimated Valuation
Pomanda estimates the enterprise value of LETSELL LIMITED at £14k based on an EBITDA of £2.8k and a 5.06x industry multiple (adjusted for size and gross margin).
letsell limited Estimated Valuation
Pomanda estimates the enterprise value of LETSELL LIMITED at £10.6k based on Net Assets of £6.1k and 1.74x industry multiple (adjusted for liquidity).
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Letsell Limited Overview
Letsell Limited is a live company located in somerset, TA21 9QY with a Companies House number of 09994568. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2016, it's largest shareholder is ajit sangha with a 100% stake. Letsell Limited is a young, micro sized company, Pomanda has estimated its turnover at £57.7k with high growth in recent years.
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Letsell Limited Health Check
Pomanda's financial health check has awarded Letsell Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £57.7k, make it smaller than the average company (£949.7k)
- Letsell Limited
£949.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (4.7%)
- Letsell Limited
4.7% - Industry AVG
Production
with a gross margin of 31.4%, this company has a higher cost of product (73%)
- Letsell Limited
73% - Industry AVG
Profitability
an operating margin of 4.8% make it less profitable than the average company (26.3%)
- Letsell Limited
26.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Letsell Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)
- Letsell Limited
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £57.7k, this is less efficient (£183.1k)
- Letsell Limited
£183.1k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (32 days)
- Letsell Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 1138 days, this is slower than average (38 days)
- Letsell Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Letsell Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Letsell Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.6%, this is a higher level of debt than the average (67.5%)
98.6% - Letsell Limited
67.5% - Industry AVG
LETSELL LIMITED financials
Letsell Limited's latest turnover from February 2024 is estimated at £57.7 thousand and the company has net assets of £6.1 thousand. According to their latest financial statements, Letsell Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 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 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 444,593 | 444,593 | 444,593 | 290,194 | 0 | 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 | 444,593 | 444,593 | 444,593 | 290,194 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,452 | 1,031 | 5,575 | 1,029 | 1 | 0 | 0 | 0 |
| 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 | 3,452 | 1,031 | 5,575 | 1,029 | 1 | 0 | 0 | 0 |
| total assets | 448,045 | 445,624 | 450,168 | 291,223 | 1 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 123,586 | 122,752 | 127,005 | 85,360 | 0 | 0 | 0 | 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 | 123,586 | 122,752 | 127,005 | 85,360 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 483 | 0 | 180 | 0 | 0 | 0 | 0 |
| other liabilities | 318,370 | 318,370 | 318,370 | 205,533 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 318,370 | 318,853 | 318,370 | 205,713 | 0 | 0 | 0 | 0 |
| total liabilities | 441,956 | 441,605 | 445,375 | 291,073 | 0 | 0 | 0 | 0 |
| net assets | 6,089 | 4,019 | 4,793 | 150 | 1 | 0 | 0 | 0 |
| total shareholders funds | 6,089 | 4,019 | 4,793 | 150 | 1 | 0 | 0 | 0 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | |||||
| Amortisation | 0 | 0 | 0 | |||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,421 | -4,544 | 4,546 | 1,028 | 1 | 0 | 0 | 0 |
| Creditors | 834 | -4,253 | 41,645 | 85,360 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -483 | 483 | -180 | 180 | 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 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 112,837 | 205,533 | 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 |
letsell limited Credit Report and Business Information
Letsell Limited Competitor Analysis
Perform a competitor analysis for letsell limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in TA21 area or any other competitors across 12 key performance metrics.
letsell limited Ownership
LETSELL LIMITED group structure
Letsell Limited has no subsidiary companies.
Ultimate parent company
LETSELL LIMITED
09994568
letsell limited directors
Letsell Limited currently has 1 director, Mr Ajit Sangha serving since Feb 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ajit Sangha | England | 59 years | Feb 2016 | - | Director |
P&L
February 2024turnover
57.7k
+18%
operating profit
2.8k
0%
gross margin
31.4%
+10.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
6.1k
+0.52%
total assets
448k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
letsell limited company details
company number
09994568
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
February 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
forde house nicholashayne, wellington, somerset, TA21 9QY
Bank
-
Legal Advisor
-
letsell 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 found 3 charges/mortgages relating to letsell limited. Currently there are 3 open charges and 0 have been satisfied in the past.
letsell 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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letsell limited Companies House Filings - See Documents
| date | description | view/download |
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