ground rents for sale ltd
ground rents for sale ltd Company Information
Company Number
10160644
Next Accounts
Feb 2026
Shareholders
christine crosthwaite
paul raymond thomson
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
unit 2.02 high weald house, glovers end, bexhill, east sussex, TN39 5ES
Website
www.groundrentsales.co.ukground rents for sale ltd Estimated Valuation
Pomanda estimates the enterprise value of GROUND RENTS FOR SALE LTD at £390.2k based on a Turnover of £128.1k and 3.05x industry multiple (adjusted for size and gross margin).
ground rents for sale ltd Estimated Valuation
Pomanda estimates the enterprise value of GROUND RENTS FOR SALE LTD at £424.5k based on an EBITDA of £65k and a 6.53x industry multiple (adjusted for size and gross margin).
ground rents for sale ltd Estimated Valuation
Pomanda estimates the enterprise value of GROUND RENTS FOR SALE LTD at £74k based on Net Assets of £47k and 1.58x industry multiple (adjusted for liquidity).
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Ground Rents For Sale Ltd Overview
Ground Rents For Sale Ltd is a live company located in bexhill, TN39 5ES with a Companies House number of 10160644. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2016, it's largest shareholder is christine crosthwaite with a 50% stake. Ground Rents For Sale Ltd is a young, micro sized company, Pomanda has estimated its turnover at £128.1k with declining growth in recent years.
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Ground Rents For Sale Ltd Health Check
Pomanda's financial health check has awarded Ground Rents For Sale Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £128.1k, make it smaller than the average company (£809.9k)
- Ground Rents For Sale Ltd
£809.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (3.2%)
- Ground Rents For Sale Ltd
3.2% - Industry AVG
Production
with a gross margin of 70.6%, this company has a comparable cost of product (70.6%)
- Ground Rents For Sale Ltd
70.6% - Industry AVG
Profitability
an operating margin of 48.2% make it more profitable than the average company (24.9%)
- Ground Rents For Sale Ltd
24.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Ground Rents For Sale Ltd
4 - Industry AVG
Pay Structure
on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)
- Ground Rents For Sale Ltd
£40.1k - Industry AVG
Efficiency
resulting in sales per employee of £64k, this is less efficient (£184.4k)
- Ground Rents For Sale Ltd
£184.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (24 days)
- Ground Rents For Sale Ltd
24 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ground Rents For Sale Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ground Rents For Sale Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (7 weeks)
55 weeks - Ground Rents For Sale Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73%, this is a higher level of debt than the average (64.3%)
73% - Ground Rents For Sale Ltd
64.3% - Industry AVG
GROUND RENTS FOR SALE LTD financials
Ground Rents For Sale Ltd's latest turnover from May 2024 is estimated at £128.1 thousand and the company has net assets of £47 thousand. According to their latest financial statements, Ground Rents For Sale Ltd has 2 employees and maintains cash reserves of £107.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 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 | 3 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,910 | 16,681 | 9,978 | 4,830 | 5,602 | 6,674 | 3,789 | 1,394 |
| Intangible Assets | 5,000 | 5,000 | 5,000 | 5,000 | 500 | 1,000 | ||
| Investments & Other | 2 | 2 | 1 | 1 | 1 | 1 | 1 | |
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 22,912 | 21,683 | 14,979 | 9,831 | 5,603 | 6,675 | 4,290 | 2,394 |
| Stock & work in progress | ||||||||
| Trade Debtors | 175 | 25,800 | 1,200 | 17,820 | 5,280 | 3,350 | ||
| Group Debtors | 34,103 | 43,000 | 49,532 | 20,807 | ||||
| Misc Debtors | 9,694 | 22,206 | 1,334 | 2,782 | 13 | |||
| Cash | 107,151 | 44,306 | 75,950 | 40,069 | 85,039 | 54,326 | 6,709 | 2,974 |
| misc current assets | ||||||||
| total current assets | 151,123 | 66,512 | 77,284 | 111,651 | 135,771 | 92,953 | 12,002 | 6,324 |
| total assets | 174,035 | 88,195 | 92,263 | 121,482 | 141,374 | 99,628 | 16,292 | 8,718 |
| Bank overdraft | 4,166 | 4,166 | 8,400 | |||||
| Bank loan | 4,166 | |||||||
| Trade Creditors | ||||||||
| Group/Directors Accounts | 93,762 | 50,485 | 50,486 | 32,099 | 23,610 | 3,187 | 2,479 | |
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 1,890 | 2,329 | 2,077 | 8,429 | 4,208 | 26,101 | 9,312 | 6,219 |
| total current liabilities | 99,818 | 56,980 | 56,729 | 16,829 | 36,307 | 49,711 | 12,499 | 8,698 |
| loans | 24,868 | 29,298 | 33,619 | 33,600 | 42,000 | |||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 2,353 | 1,554 | 1,896 | 918 | 1,064 | 1,268 | 720 | |
| total long term liabilities | 27,221 | 30,852 | 35,515 | 34,518 | 43,064 | 1,268 | 720 | |
| total liabilities | 127,039 | 87,832 | 92,244 | 51,347 | 79,371 | 50,979 | 13,219 | 8,698 |
| net assets | 46,996 | 363 | 19 | 70,135 | 62,003 | 48,649 | 3,073 | 20 |
| total shareholders funds | 46,996 | 363 | 19 | 70,135 | 62,003 | 48,649 | 3,073 | 20 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 3,285 | 2,846 | 3,519 | 2,464 | 3,777 | 3,847 | 2,143 | 654 |
| Amortisation | 500 | 500 | 500 | |||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 21,766 | 20,872 | -70,248 | 20,850 | 12,105 | 33,334 | 1,943 | 3,350 |
| Creditors | ||||||||
| Accruals and Deferred Income | -439 | 252 | -6,352 | 4,221 | -21,893 | 16,789 | 3,093 | 6,219 |
| Deferred Taxes & Provisions | 799 | -342 | 978 | -146 | -204 | 548 | 720 | |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 1 | 1 | ||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | -4,166 | 4,166 | ||||||
| Group/Directors Accounts | 43,277 | -1 | 50,486 | -32,099 | 8,489 | 20,423 | 708 | 2,479 |
| Other Short Term Loans | ||||||||
| Long term loans | -4,430 | -4,321 | 19 | -8,400 | 42,000 | |||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 62,845 | -31,644 | 35,881 | -44,970 | 30,713 | 47,617 | 3,735 | 2,974 |
| overdraft | 4,166 | -8,400 | 8,400 | |||||
| change in cash | 62,845 | -35,810 | 44,281 | -53,370 | 30,713 | 47,617 | 3,735 | 2,974 |
ground rents for sale ltd Credit Report and Business Information
Ground Rents For Sale Ltd Competitor Analysis
Perform a competitor analysis for ground rents for sale ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in TN39 area or any other competitors across 12 key performance metrics.
ground rents for sale ltd Ownership
GROUND RENTS FOR SALE LTD group structure
Ground Rents For Sale Ltd has 3 subsidiary companies.
Ultimate parent company
GROUND RENTS FOR SALE LTD
10160644
3 subsidiaries
ground rents for sale ltd directors
Ground Rents For Sale Ltd currently has 2 directors. The longest serving directors include Miss Christine Crosthwaite (May 2016) and Mr Paul Thomson (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Christine Crosthwaite | England | 57 years | May 2016 | - | Director |
| Mr Paul Thomson | England | 55 years | May 2017 | - | Director |
P&L
May 2024turnover
128.1k
-66%
operating profit
61.7k
0%
gross margin
70.6%
+2.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
47k
+128.47%
total assets
174k
+0.97%
cash
107.2k
+1.42%
net assets
Total assets minus all liabilities
ground rents for sale ltd company details
company number
10160644
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
ACUITY PROFESSIONAL PARTNERSHIP LLP
auditor
-
address
unit 2.02 high weald house, glovers end, bexhill, east sussex, TN39 5ES
Bank
-
Legal Advisor
-
ground rents for sale 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 did not find charges/mortgages relating to ground rents for sale ltd.
ground rents for sale 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 GROUND RENTS FOR SALE LTD. This can take several minutes, an email will notify you when this has completed.
ground rents for sale ltd Companies House Filings - See Documents
| date | description | view/download |
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