v m properties ltd

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v m properties ltd Company Information

Share V M PROPERTIES LTD

Company Number

10046100

Shareholders

vinit patel

michael almond

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Group Structure

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Industry

Buying and selling of own real estate

 

Registered Address

c/o dpc stone house, stone road business park, stoke-on-trent, staffordshire, ST4 6SR

v m properties ltd Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of V M PROPERTIES LTD at £2.3m based on a Turnover of £739.9k and 3.08x industry multiple (adjusted for size and gross margin).

v m properties ltd Estimated Valuation

£424.4k

Pomanda estimates the enterprise value of V M PROPERTIES LTD at £424.4k based on an EBITDA of £64.3k and a 6.6x industry multiple (adjusted for size and gross margin).

v m properties ltd Estimated Valuation

£164.3k

Pomanda estimates the enterprise value of V M PROPERTIES LTD at £164.3k based on Net Assets of £104.3k and 1.58x industry multiple (adjusted for liquidity).

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V M Properties Ltd Overview

V M Properties Ltd is a live company located in stoke-on-trent, ST4 6SR with a Companies House number of 10046100. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2016, it's largest shareholder is vinit patel with a 49% stake. V M Properties Ltd is a young, small sized company, Pomanda has estimated its turnover at £739.9k with declining growth in recent years.

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V M Properties Ltd Health Check

Pomanda's financial health check has awarded V M Properties Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

1 Strong

positive_score

5 Regular

positive_score

3 Weak

size

Size

annual sales of £739.9k, make it in line with the average company (£919.3k)

£739.9k - V M Properties Ltd

£919.3k - Industry AVG

growth

Growth

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

-3% - V M Properties Ltd

2.8% - Industry AVG

production

Production

with a gross margin of 70.5%, this company has a comparable cost of product (70.5%)

70.5% - V M Properties Ltd

70.5% - Industry AVG

profitability

Profitability

an operating margin of 8.7% make it less profitable than the average company (24%)

8.7% - V M Properties Ltd

24% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - V M Properties Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £38k, the company has an equivalent pay structure (£38k)

£38k - V M Properties Ltd

£38k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £185k, this is equally as efficient (£185k)

£185k - V M Properties Ltd

£185k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - V M Properties Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - V M Properties Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - V M Properties Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (8 weeks)

1 weeks - V M Properties Ltd

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 34.6%, this is a lower level of debt than the average (64.3%)

34.6% - V M Properties Ltd

64.3% - Industry AVG

V M PROPERTIES LTD financials

EXPORTms excel logo

V M Properties Ltd's latest turnover from December 2023 is estimated at £739.9 thousand and the company has net assets of £104.3 thousand. According to their latest financial statements, V M Properties Ltd has 4 employees and maintains cash reserves of £841 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Turnover739,888743,763795,967809,867954,046194,48535,2081,627
Other Income Or Grants
Cost Of Sales218,515224,754238,658237,210286,42961,93611,273545
Gross Profit521,373519,009557,309572,656667,617132,54923,9351,081
Admin Expenses457,041462,200470,774531,045660,262138,06591,160956
Operating Profit64,33256,80986,53541,6117,355-5,516-67,225125
Interest Payable6,1378,1325,8378,4456,098
Interest Receivable237375271262
Pre-Tax Profit58,43249,05280,72533,1791,319-5,516-67,225125
Tax-14,608-9,320-15,338-6,304-251-25
Profit After Tax43,82439,73265,38726,8751,068-5,516-67,225100
Dividends Paid
Retained Profit43,82439,73265,38726,8751,068-5,516-67,225100
Employee Costs152,122151,847146,683148,071163,33338,86435,73937,295
Number Of Employees44444111
EBITDA*64,33256,80986,53541,6117,355-5,516-67,225125

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Tangible Assets185,100185,100
Intangible Assets
Investments & Other90,000192,000370,000185,100
Debtors (Due After 1 year)
Total Fixed Assets90,000192,000370,000185,100185,100185,100
Stock & work in progress
Trade Debtors12,8763,100100
Group Debtors
Misc Debtors158,816108,816108,90678,0053,631
Cash8418,19413,2608,34916,474
misc current assets580
total current assets159,657117,010122,16686,35420,10513,4563,100100
total assets159,657207,010314,166456,354205,205198,556188,200100
Bank overdraft10,83554,4519,5516,1321,413
Bank loan
Trade Creditors 44,779743
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities26,81013,44086,332230,32495,985
total current liabilities37,64567,89195,883236,45697,39844,779743
loans17,66726,15481,05090,052179,280
hp & lease commitments
Accruals and Deferred Income660
other liabilities225,758254,582
provisions1,49613,65624,675
total long term liabilities17,66727,65094,706114,727179,280226,418254,582
total liabilities55,31295,541190,589351,183276,678271,197255,325
net assets104,345111,469123,577105,171-71,473-72,641-67,125100
total shareholders funds104,345111,469123,577105,171-71,473-72,641-67,125100
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Operating Activities
Operating Profit64,33256,80986,53541,6117,355-5,516-67,225125
Depreciation
Amortisation
Tax-14,608-9,320-15,338-6,304-251-25
Stock
Debtors50,000-9030,90174,374-9,2459,7763,000100
Creditors-44,77944,036743
Accruals and Deferred Income13,370-72,892-143,992134,33995,325660
Deferred Taxes & Provisions-1,496-12,160-11,01924,675
Cash flow from operations11,598-37,473-114,715119,94766,89529,404-69,482
Investing Activities
capital expenditure185,100-185,100
Change in Investments-90,000-102,000-178,000184,900185,100
cash flow from investments90,000102,000178,000-184,900-185,100
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-8,487-54,896-9,002-89,228179,280
Hire Purchase and Lease Commitments
other long term liabilities-225,758-28,824254,582
share issue-50,948-51,840-46,981149,769100
interest-5,900-7,757-5,810-8,433-6,036
cash flow from financing-65,335-114,493-61,79352,108-52,414-28,824254,582
cash and cash equivalents
cash-7,353-5,0664,911-8,12516,474
overdraft-43,61644,9003,4194,7191,413
change in cash36,263-49,9661,492-12,84415,061

v m properties 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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V M Properties Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for v m properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in ST4 area or any other competitors across 12 key performance metrics.

v m properties ltd Ownership

V M PROPERTIES LTD group structure

V M Properties Ltd has no subsidiary companies.

Ultimate parent company

V M PROPERTIES LTD

10046100

V M PROPERTIES LTD Shareholders

vinit patel 49%
michael almond 49%
christopher almond 2%

v m properties ltd directors

V M Properties Ltd currently has 4 directors. The longest serving directors include Mr Christopher Almond (Mar 2016) and Mr Michael Almond (Mar 2016).

officercountryagestartendrole
Mr Christopher AlmondEngland63 years Mar 2016- Director
Mr Michael AlmondEngland35 years Mar 2016- Director
Mr Vinit PatelEngland45 years Mar 2016- Director
Mrs Carolyn WensleyEngland42 years Mar 2016- Director

P&L

December 2023

turnover

739.9k

-1%

operating profit

64.3k

0%

gross margin

70.5%

+0.98%

turnover

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

Balance Sheet

December 2023

net assets

104.3k

-0.06%

total assets

159.7k

-0.23%

cash

841

-0.9%

net assets

Total assets minus all liabilities

v m properties ltd company details

company number

10046100

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

March 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

c/o dpc stone house, stone road business park, stoke-on-trent, staffordshire, ST4 6SR

Bank

-

Legal Advisor

-

v m 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 found 6 charges/mortgages relating to v m properties ltd. Currently there are 2 open charges and 4 have been satisfied in the past.

v m properties 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 V M PROPERTIES LTD. This can take several minutes, an email will notify you when this has completed.

v m properties ltd Companies House Filings - See Documents

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