eq property services ltd

eq property services ltd Company Information

Share EQ PROPERTY SERVICES LTD
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Company Number

10001779

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Shareholders

blythe investments

bestfield investments

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Group Structure

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Contact

Registered Address

4 exchange quay, salford quays, manchester, M5 3EE

Website

-

eq property services ltd Estimated Valuation

£502.9k

Pomanda estimates the enterprise value of EQ PROPERTY SERVICES LTD at £502.9k based on a Turnover of £146.7k and 3.43x industry multiple (adjusted for size and gross margin).

eq property services ltd Estimated Valuation

£13.9m

Pomanda estimates the enterprise value of EQ PROPERTY SERVICES LTD at £13.9m based on an EBITDA of £2m and a 7.07x industry multiple (adjusted for size and gross margin).

eq property services ltd Estimated Valuation

£17m

Pomanda estimates the enterprise value of EQ PROPERTY SERVICES LTD at £17m based on Net Assets of £9.8m and 1.74x industry multiple (adjusted for liquidity).

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Eq Property Services Ltd Overview

Eq Property Services Ltd is a live company located in manchester, M5 3EE with a Companies House number of 10001779. 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 blythe investments with a 43.8% stake. Eq Property Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £146.7k with declining growth in recent years.

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Eq Property Services Ltd Health Check

Pomanda's financial health check has awarded Eq Property Services Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £146.7k, make it smaller than the average company (£850.4k)

£146.7k - Eq Property Services Ltd

£850.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -59%, show it is growing at a slower rate (2.8%)

-59% - Eq Property Services Ltd

2.8% - Industry AVG

production

Production

with a gross margin of 72.3%, this company has a comparable cost of product (72.3%)

72.3% - Eq Property Services Ltd

72.3% - Industry AVG

profitability

Profitability

an operating margin of 1344.8% make it more profitable than the average company (27.7%)

1344.8% - Eq Property Services Ltd

27.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Eq Property Services Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)

£31.9k - Eq Property Services Ltd

£31.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £146.7k, this is less efficient (£181.9k)

£146.7k - Eq Property Services Ltd

£181.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 35 days, this is near the average (32 days)

35 days - Eq Property Services Ltd

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 356 days, this is slower than average (34 days)

356 days - Eq Property Services Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Eq Property Services Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (12 weeks)

19 weeks - Eq Property Services Ltd

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 58.9%, this is a lower level of debt than the average (68.1%)

58.9% - Eq Property Services Ltd

68.1% - Industry AVG

EQ PROPERTY SERVICES LTD financials

EXPORTms excel logo

Eq Property Services Ltd's latest turnover from September 2023 is estimated at £146.7 thousand and the company has net assets of £9.8 million. According to their latest financial statements, we estimate that Eq Property Services Ltd has 1 employee and maintains cash reserves of £799.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016
Turnover146,724172,260291,4352,141,586261,5049,077,9968,352,2427,103,638
Other Income Or Grants00000000
Cost Of Sales40,59049,11389,792614,41180,1062,480,3892,154,1431,867,650
Gross Profit106,135123,148201,6441,527,175181,3986,597,6076,198,1005,235,988
Admin Expenses-1,867,079-575,298-1,809,53085,492-3,563,0304,685,2926,036,2845,053,392
Operating Profit1,973,214698,4462,011,1741,441,6833,744,4281,912,315161,816182,596
Interest Payable1,228,712940,654724,795665,567654,750668,250643,750328,125
Interest Receivable45,33121,7747933881,8445,3184,9343,529
Pre-Tax Profit789,833-220,4341,287,173776,5043,091,5221,249,383-477,000-142,000
Tax-197,4580-244,563-147,536-587,389-237,38300
Profit After Tax592,375-220,4341,042,610628,9682,504,1331,012,000-477,000-142,000
Dividends Paid00000000
Retained Profit592,375-220,4341,042,610628,9682,504,1331,012,000-477,000-142,000
Employee Costs31,92061,00885,202415,5160000
Number Of Employees123152646650
EBITDA*1,973,214698,4462,012,4361,443,1983,744,4281,914,315161,816182,596

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016
Tangible Assets0001,2622,7774,0006,0000
Intangible Assets00000000
Investments & Other21,000,00026,000,00024,400,00024,700,00021,711,33421,644,00021,000,00012,769,000
Debtors (Due After 1 year)1,204,0411,354,5461,505,0511,230,528956,005682,000393,0000
Total Fixed Assets22,204,04127,354,54625,905,05125,931,79022,670,11622,330,00021,399,00012,769,000
Stock & work in progress00000000
Trade Debtors14,39618,9050273,16527,376644,000553,000348,000
Group Debtors00000000
Misc Debtors770,074584,720484,169318,964560,195000
Cash799,207927,6951,007,812578,831197,730294,0001,124,0002,823,000
misc current assets00000000
total current assets1,583,6771,531,3201,491,9811,170,960785,301938,0001,677,0003,171,000
total assets23,787,71828,885,86627,397,03227,102,75023,455,41723,268,00023,076,00015,940,000
Bank overdraft500,000500,000500,000500,000400,000000
Bank loan00000000
Trade Creditors 39,67840,679111,79459,37632,6774,784,0005,262,0005,578,000
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities1,581,0341,804,2931,060,3091,152,8693,604,119000
total current liabilities2,120,7122,344,9721,672,1031,712,2454,036,7964,784,0005,262,0005,578,000
loans10,181,90610,661,86211,141,87311,621,8849,300,0009,700,00010,100,00010,500,000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions1,711,2152,947,5222,531,6381,967,3181,401,7941,223,0001,165,0000
total long term liabilities11,893,12113,609,38413,673,51113,589,20210,701,79410,923,00011,265,00010,500,000
total liabilities14,013,83315,954,35615,345,61415,301,44714,738,59015,707,00016,527,00016,078,000
net assets9,773,88512,931,51012,051,41811,801,3038,716,8277,561,0006,549,000-138,000
total shareholders funds9,773,88512,931,51012,051,41811,801,3038,716,8277,561,0006,549,000-138,000
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016
Operating Activities
Operating Profit1,973,214698,4462,011,1741,441,6833,744,4281,912,315161,816182,596
Depreciation001,2621,51502,00000
Amortisation00000000
Tax-197,4580-244,563-147,536-587,389-237,38300
Stock00000000
Debtors30,340-31,049166,563279,081217,576380,000598,000348,000
Creditors-1,001-71,11552,41826,699-4,751,323-478,000-316,0005,578,000
Accruals and Deferred Income-223,259743,984-92,560-2,451,2503,604,119000
Deferred Taxes & Provisions-1,236,307415,884564,320565,524178,79458,0001,165,0000
Cash flow from operations284,8491,818,2482,125,488-842,4461,971,053876,932412,8165,412,596
Investing Activities
capital expenditure00001,2230-6,0000
Change in Investments-5,000,0001,600,000-300,0002,988,66667,334644,0008,231,00012,769,000
cash flow from investments5,000,000-1,600,000300,000-2,988,666-66,111-644,000-8,237,000-12,769,000
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans-479,956-480,011-480,0112,321,884-400,000-400,000-400,00010,500,000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue-3,750,0001,100,526-792,4952,455,508-1,348,30607,164,0004,000
interest-1,183,381-918,880-724,002-665,179-652,906-662,932-638,816-324,596
cash flow from financing-5,413,337-298,365-1,996,5084,112,213-2,401,212-1,062,9326,125,18410,179,404
cash and cash equivalents
cash-128,488-80,117428,981381,101-96,270-830,000-1,699,0002,823,000
overdraft000100,000400,000000
change in cash-128,488-80,117428,981281,101-496,270-830,000-1,699,0002,823,000

eq property services 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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Eq Property Services Ltd Competitor Analysis

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Perform a competitor analysis for eq property services ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M 5 area or any other competitors across 12 key performance metrics.

eq property services ltd Ownership

EQ PROPERTY SERVICES LTD group structure

Eq Property Services Ltd has no subsidiary companies.

Ultimate parent company

EQ PROPERTY SERVICES LTD

10001779

EQ PROPERTY SERVICES LTD Shareholders

blythe investments 43.75%
bestfield investments 43.75%
charles galbraith 7.5%
roger stott 2.5%
michael summersgill 2.5%

eq property services ltd directors

Eq Property Services Ltd currently has 5 directors. The longest serving directors include Mr Michael Summersgill (Feb 2016) and Mr Andrew Bell (Feb 2016).

officercountryagestartendrole
Mr Michael SummersgillEngland41 years Feb 2016- Director
Mr Andrew Bell58 years Feb 2016- Director
Mr Fergus LyonsEngland63 years Feb 2016- Director
Mr Roger StottEngland59 years Aug 2016- Director
Mr Charles GalbraithEngland62 years Aug 2016- Director

P&L

September 2023

turnover

146.7k

-15%

operating profit

2m

0%

gross margin

72.4%

+1.18%

turnover

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

Balance Sheet

September 2023

net assets

9.8m

-0.24%

total assets

23.8m

-0.18%

cash

799.2k

-0.14%

net assets

Total assets minus all liabilities

eq property services ltd company details

company number

10001779

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

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

4 exchange quay, salford quays, manchester, M5 3EE

Bank

BANK OF SCOTLAND

Legal Advisor

-

eq property services 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 4 charges/mortgages relating to eq property services ltd. Currently there are 2 open charges and 2 have been satisfied in the past.

eq property services 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 EQ PROPERTY SERVICES LTD. This can take several minutes, an email will notify you when this has completed.

eq property services ltd Companies House Filings - See Documents

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