vine lettings limited
vine lettings limited Company Information
Company Number
10049876
Website
-Registered Address
44 the grove the grove, uxbridge, middlesex, UB10 8QL
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
harjinder purewal & gurpreet purewal 100%
vine lettings limited Estimated Valuation
Pomanda estimates the enterprise value of VINE LETTINGS LIMITED at £620.4k based on a Turnover of £199.8k and 3.11x industry multiple (adjusted for size and gross margin).
vine lettings limited Estimated Valuation
Pomanda estimates the enterprise value of VINE LETTINGS LIMITED at £195k based on an EBITDA of £27.5k and a 7.09x industry multiple (adjusted for size and gross margin).
vine lettings limited Estimated Valuation
Pomanda estimates the enterprise value of VINE LETTINGS LIMITED at £0 based on Net Assets of £-53.4k and 1.62x industry multiple (adjusted for liquidity).
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Vine Lettings Limited Overview
Vine Lettings Limited is a live company located in middlesex, UB10 8QL with a Companies House number of 10049876. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2016, it's largest shareholder is harjinder purewal & gurpreet purewal with a 100% stake. Vine Lettings Limited is a young, micro sized company, Pomanda has estimated its turnover at £199.8k with declining growth in recent years.
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Vine Lettings Limited Health Check
Pomanda's financial health check has awarded Vine Lettings Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £199.8k, make it smaller than the average company (£797.5k)
- Vine Lettings Limited
£797.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (1.9%)
- Vine Lettings Limited
1.9% - Industry AVG
Production
with a gross margin of 75%, this company has a comparable cost of product (75%)
- Vine Lettings Limited
75% - Industry AVG
Profitability
an operating margin of 13.8% make it less profitable than the average company (36.7%)
- Vine Lettings Limited
36.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Vine Lettings Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Vine Lettings Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £99.9k, this is less efficient (£170k)
- Vine Lettings Limited
£170k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Vine Lettings Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (37 days)
- Vine Lettings Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vine Lettings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Vine Lettings Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 116.7%, this is a higher level of debt than the average (63%)
116.7% - Vine Lettings Limited
63% - Industry AVG
VINE LETTINGS LIMITED financials
Vine Lettings Limited's latest turnover from March 2023 is estimated at £199.8 thousand and the company has net assets of -£53.4 thousand. According to their latest financial statements, Vine Lettings Limited has 2 employees and maintains cash reserves of £2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 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 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 317,453 | 317,453 | 317,453 | 317,453 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 317,453 | 317,453 | 317,453 | 317,453 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 258 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 1,029 | 402 | 0 | 0 | 0 |
| Cash | 1,990 | 1,581 | 5,122 | 2,297 | 3,948 | 1,955 | 3,477 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,990 | 1,581 | 6,151 | 2,699 | 3,948 | 2,213 | 3,477 |
| total assets | 319,443 | 319,034 | 323,604 | 320,152 | 3,948 | 2,213 | 3,477 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,000 | 7,000 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 100,832 | 91,619 | 87,113 | 88,132 | 115 | 622 | 295 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 550 | 550 | 550 | 550 | 802 | 275 | 836 |
| total current liabilities | 108,382 | 99,169 | 87,663 | 88,682 | 917 | 897 | 1,131 |
| loans | 264,493 | 273,301 | 280,400 | 230,400 | 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 | 264,493 | 273,301 | 280,400 | 230,400 | 0 | 0 | 0 |
| total liabilities | 372,875 | 372,470 | 368,063 | 319,082 | 917 | 897 | 1,131 |
| net assets | -53,432 | -53,436 | -44,459 | 1,070 | 3,031 | 1,316 | 2,346 |
| total shareholders funds | -53,432 | -53,436 | -44,459 | 1,070 | 3,031 | 1,316 | 2,346 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -1,029 | 627 | 402 | -258 | 258 | 0 |
| Creditors | 0 | 7,000 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | -252 | 527 | -561 | 836 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 317,453 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 9,213 | 4,506 | -1,019 | 88,017 | -507 | 327 | 295 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -8,808 | -7,099 | 50,000 | 230,400 | 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 | 409 | -3,541 | 2,825 | -1,651 | 1,993 | -1,522 | 3,477 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 409 | -3,541 | 2,825 | -1,651 | 1,993 | -1,522 | 3,477 |
vine lettings limited Credit Report and Business Information
Vine Lettings Limited Competitor Analysis
Perform a competitor analysis for vine lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in UB10 area or any other competitors across 12 key performance metrics.
vine lettings limited Ownership
VINE LETTINGS LIMITED group structure
Vine Lettings Limited has no subsidiary companies.
Ultimate parent company
VINE LETTINGS LIMITED
10049876
vine lettings limited directors
Vine Lettings Limited currently has 2 directors. The longest serving directors include Mr Harjinder Purewal (Mar 2016) and Mr Gurpreet Purewal (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Harjinder Purewal | England | 58 years | Mar 2016 | - | Director |
| Mr Gurpreet Purewal | United Kingdom | 31 years | Mar 2016 | - | Director |
P&L
March 2023turnover
199.8k
+17%
operating profit
27.5k
0%
gross margin
75.1%
+0.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-53.4k
0%
total assets
319.4k
0%
cash
2k
+0.26%
net assets
Total assets minus all liabilities
vine lettings limited company details
company number
10049876
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
March 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
44 the grove the grove, uxbridge, middlesex, UB10 8QL
accountant
GC ACCOUNTANCY MANAGEMENT SERVICES LTD
auditor
-
vine lettings 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 1 charges/mortgages relating to vine lettings limited. Currently there are 1 open charges and 0 have been satisfied in the past.
vine lettings limited Companies House Filings - See Documents
| date | description | view/download |
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