circle square 10 & 11 propco limited
circle square 10 & 11 propco limited Company Information
Company Number
10073168
Next Accounts
Sep 2025
Shareholders
new co (satellite) limited
Group Structure
View All
Industry
Development of building projects
Registered Address
8 sackville street, london, W1S 3DG
Website
-circle square 10 & 11 propco limited Estimated Valuation
Pomanda estimates the enterprise value of CIRCLE SQUARE 10 & 11 PROPCO LIMITED at £10m based on a Turnover of £15.2m and 0.66x industry multiple (adjusted for size and gross margin).
circle square 10 & 11 propco limited Estimated Valuation
Pomanda estimates the enterprise value of CIRCLE SQUARE 10 & 11 PROPCO LIMITED at £188.9m based on an EBITDA of £36.3m and a 5.2x industry multiple (adjusted for size and gross margin).
circle square 10 & 11 propco limited Estimated Valuation
Pomanda estimates the enterprise value of CIRCLE SQUARE 10 & 11 PROPCO LIMITED at £89.6m based on Net Assets of £63.4m and 1.41x industry multiple (adjusted for liquidity).
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Circle Square 10 & 11 Propco Limited Overview
Circle Square 10 & 11 Propco Limited is a live company located in london, W1S 3DG with a Companies House number of 10073168. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2016, it's largest shareholder is new co (satellite) limited with a 100% stake. Circle Square 10 & 11 Propco Limited is a young, mid sized company, Pomanda has estimated its turnover at £15.2m with rapid growth in recent years.
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Circle Square 10 & 11 Propco Limited Health Check
Pomanda's financial health check has awarded Circle Square 10 & 11 Propco Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £15.2m, make it larger than the average company (£2.5m)
£15.2m - Circle Square 10 & 11 Propco Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 58%, show it is growing at a faster rate (4.8%)
58% - Circle Square 10 & 11 Propco Limited
4.8% - Industry AVG
Production
with a gross margin of 27.3%, this company has a comparable cost of product (27.3%)
27.3% - Circle Square 10 & 11 Propco Limited
27.3% - Industry AVG
Profitability
an operating margin of 239% make it more profitable than the average company (7%)
239% - Circle Square 10 & 11 Propco Limited
7% - Industry AVG
Employees
with 53 employees, this is above the industry average (7)
- Circle Square 10 & 11 Propco Limited
7 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Circle Square 10 & 11 Propco Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £286.7k, this is equally as efficient (£289.9k)
- Circle Square 10 & 11 Propco Limited
£289.9k - Industry AVG
Debtor Days
it gets paid by customers after 797 days, this is later than average (28 days)
797 days - Circle Square 10 & 11 Propco Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (31 days)
8 days - Circle Square 10 & 11 Propco Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Circle Square 10 & 11 Propco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (12 weeks)
6 weeks - Circle Square 10 & 11 Propco Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.7%, this is a similar level of debt than the average (73.5%)
74.7% - Circle Square 10 & 11 Propco Limited
73.5% - Industry AVG
CIRCLE SQUARE 10 & 11 PROPCO LIMITED financials
Circle Square 10 & 11 Propco Limited's latest turnover from December 2023 is £15.2 million and the company has net assets of £63.4 million. According to their latest financial statements, we estimate that Circle Square 10 & 11 Propco Limited has 53 employees and maintains cash reserves of £5.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 15,196,805 | 15,952,279 | 11,851,184 | 3,854,768 | 32,850,256 | 6,035,000 | 1,587,000 | |
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | 20,963,000 | 31,190,000 | -5,000 | |||||
| Interest Payable | 4,217,276 | 4,177,583 | 4,178,772 | 4,189,827 | 9,237,190 | 6,571,000 | 3,548,000 | 343,000 |
| Interest Receivable | 9,692 | 10,000 | 78,000 | 1,000 | ||||
| Pre-Tax Profit | 10,094,357 | 11,188,182 | 6,711,770 | -963,165 | 23,404,612 | 14,402,000 | 27,720,000 | -347,000 |
| Tax | -2,691,490 | -2,727,207 | -6,868,312 | 279,231 | -7,085,264 | -3,105,000 | -7,025,000 | |
| Profit After Tax | 7,402,867 | 8,460,975 | -156,542 | -683,934 | 16,319,348 | 11,297,000 | 20,695,000 | -347,000 |
| Dividends Paid | ||||||||
| Retained Profit | 7,402,867 | 8,460,975 | -156,542 | -683,934 | 16,319,348 | 11,297,000 | 20,695,000 | -347,000 |
| Employee Costs | ||||||||
| Number Of Employees | ||||||||
| EBITDA* | 20,963,000 | 31,190,000 | -5,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 211,756,687 | 207,790,348 | 168,819,391 | 197,199,377 | 202,305,207 | 144,935,000 | 124,410,000 | 52,782,000 |
| Intangible Assets | ||||||||
| Investments & Other | 179,182,368 | 175,216,029 | 168,819,391 | 164,625,058 | 169,550,709 | 144,935,000 | 124,410,000 | 52,782,000 |
| Debtors (Due After 1 year) | 32,574,319 | 32,574,319 | 32,574,319 | 32,754,498 | ||||
| Total Fixed Assets | 211,756,687 | 207,790,348 | 168,819,391 | 197,199,377 | 202,305,207 | 144,935,000 | 124,410,000 | 52,782,000 |
| Stock & work in progress | ||||||||
| Trade Debtors | 33,200,660 | 29,043,942 | 609,000 | 508,000 | ||||
| Group Debtors | 25,190,629 | 29,976,789 | 24,502,622 | 20,978,000 | ||||
| Misc Debtors | 32,664,844 | 291,023 | 173,678 | 27,000 | 135,000 | |||
| Cash | 5,174,886 | 6,507,369 | 5,382,005 | 835,917 | 3,561,929 | 2,384,000 | 4,556,000 | 1,000 |
| misc current assets | 201,000 | |||||||
| total current assets | 38,375,546 | 35,551,311 | 63,237,478 | 31,103,729 | 28,238,229 | 23,389,000 | 5,300,000 | 710,000 |
| total assets | 250,132,233 | 243,341,659 | 232,056,869 | 228,303,106 | 230,543,436 | 168,324,000 | 129,710,000 | 53,492,000 |
| Bank overdraft | ||||||||
| Bank loan | 1,766,000 | 43,936,000 | ||||||
| Trade Creditors | 270,336 | 1,025,516 | 912,778 | 757,678 | 27,690 | 597,000 | 789,000 | 2,036,000 |
| Group/Directors Accounts | ||||||||
| other short term finances | 700,661 | 617,323 | 617,323 | 617,323 | 932,844 | 219,000 | 188,000 | 141,000 |
| hp & lease commitments | ||||||||
| other current liabilities | 42,413,414 | 43,566,843 | 42,697,410 | 45,179,419 | 46,721,197 | 2,246,000 | 306,000 | 2,281,000 |
| total current liabilities | 43,384,411 | 45,209,682 | 44,227,511 | 46,554,420 | 47,681,731 | 4,828,000 | 45,219,000 | 4,458,000 |
| loans | 237,219,438 | 237,115,344 | 237,011,250 | 236,907,156 | 236,802,778 | 201,716,000 | 57,118,000 | 54,696,000 |
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 49,436,118 | 47,114,256 | 43,535,062 | 31,164,728 | 32,127,276 | 20,260,000 | 14,050,000 | |
| total long term liabilities | 143,327,778 | 142,114,800 | 140,273,156 | 134,035,942 | 134,465,027 | 131,851,000 | 64,143,000 | 49,381,000 |
| total liabilities | 186,712,189 | 187,324,482 | 184,500,667 | 180,590,362 | 182,146,758 | 136,679,000 | 109,362,000 | 53,839,000 |
| net assets | 63,420,044 | 56,017,177 | 47,556,202 | 47,712,744 | 48,396,678 | 31,645,000 | 20,348,000 | -347,000 |
| total shareholders funds | 63,420,044 | 56,017,177 | 47,556,202 | 47,712,744 | 48,396,678 | 31,645,000 | 20,348,000 | -347,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 20,963,000 | 31,190,000 | -5,000 | |||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | -2,691,490 | -2,727,207 | -6,868,312 | 279,231 | -7,085,264 | -3,105,000 | -7,025,000 | |
| Stock | ||||||||
| Debtors | 4,156,718 | 3,762,788 | -4,986,658 | 5,411,333 | 36,425,798 | 20,261,000 | 236,000 | 508,000 |
| Creditors | -755,180 | 112,738 | 155,100 | 729,988 | -569,310 | -192,000 | -1,247,000 | 2,036,000 |
| Accruals and Deferred Income | -1,153,429 | 869,433 | -2,482,009 | -1,541,778 | 44,475,197 | 1,940,000 | -1,975,000 | 2,281,000 |
| Deferred Taxes & Provisions | 2,321,862 | 3,579,194 | 12,370,334 | -962,548 | 11,867,276 | 6,210,000 | 14,050,000 | |
| Cash flow from operations | 5,555,000 | 34,757,000 | 3,804,000 | |||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 3,966,339 | 6,396,638 | 4,194,333 | -4,925,651 | 24,615,709 | 20,525,000 | 71,628,000 | 52,782,000 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | -1,766,000 | -42,170,000 | 43,936,000 | |||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | 83,338 | -315,521 | 713,844 | 31,000 | 47,000 | 141,000 | ||
| Long term loans | 104,094 | 104,094 | 104,094 | 104,378 | 35,086,778 | 144,598,000 | 2,422,000 | 54,696,000 |
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | -4,217,276 | -4,177,583 | -4,178,772 | -4,189,827 | -9,227,498 | -6,561,000 | -3,470,000 | -342,000 |
| cash flow from financing | -4,029,844 | -4,073,489 | -4,074,678 | -4,400,970 | 25,239,454 | 95,898,000 | 42,935,000 | 54,495,000 |
| cash and cash equivalents | ||||||||
| cash | -1,332,483 | 1,125,364 | 4,546,088 | -2,726,012 | 1,177,929 | -2,172,000 | 4,555,000 | 1,000 |
| overdraft | ||||||||
| change in cash | -1,332,483 | 1,125,364 | 4,546,088 | -2,726,012 | 1,177,929 | -2,172,000 | 4,555,000 | 1,000 |
circle square 10 & 11 propco limited Credit Report and Business Information
Circle Square 10 & 11 Propco Limited Competitor Analysis
Perform a competitor analysis for circle square 10 & 11 propco limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in W1S area or any other competitors across 12 key performance metrics.
circle square 10 & 11 propco limited Ownership
CIRCLE SQUARE 10 & 11 PROPCO LIMITED group structure
Circle Square 10 & 11 Propco Limited has 1 subsidiary company.
Ultimate parent company
DWS GRUNDBESITZ GMBH
#0031087
2 parents
CIRCLE SQUARE 10 & 11 PROPCO LIMITED
10073168
1 subsidiary
circle square 10 & 11 propco limited directors
Circle Square 10 & 11 Propco Limited currently has 4 directors. The longest serving directors include Mr Paul Windsor (Aug 2019) and Mr Simon Drewett (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Windsor | United Kingdom | 67 years | Aug 2019 | - | Director |
| Mr Simon Drewett | England | 54 years | Sep 2020 | - | Director |
| Mr Bruno Obasi | England | 51 years | Nov 2023 | - | Director |
| Mr James McGowan | United Kingdom | 50 years | Nov 2023 | - | Director |
P&L
December 2023turnover
15.2m
-5%
operating profit
36.3m
0%
gross margin
27.3%
+2.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
63.4m
+0.13%
total assets
250.1m
+0.03%
cash
5.2m
-0.2%
net assets
Total assets minus all liabilities
circle square 10 & 11 propco limited company details
company number
10073168
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
new co (satellite) 2 limited (December 2019)
accountant
-
auditor
ERNST & YOUNG LLP
address
8 sackville street, london, W1S 3DG
Bank
-
Legal Advisor
GOODWIN PROCTER (UK) LLP
circle square 10 & 11 propco 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 5 charges/mortgages relating to circle square 10 & 11 propco limited. Currently there are 1 open charges and 4 have been satisfied in the past.
circle square 10 & 11 propco 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.
Click to start generating capital raising & share issue transactions for CIRCLE SQUARE 10 & 11 PROPCO LIMITED. This can take several minutes, an email will notify you when this has completed.
circle square 10 & 11 propco limited Companies House Filings - See Documents
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