assurance housing ltd Company Information
Company Number
10172192
Website
-Registered Address
38 meriden street, birmingham, B5 5LS
Industry
Renting and operating of Housing Association real estate
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Nabeela Nisa4 Years
Shareholders
nabeela nisa 100%
assurance housing ltd Estimated Valuation
Pomanda estimates the enterprise value of ASSURANCE HOUSING LTD at £257.2k based on a Turnover of £113.7k and 2.26x industry multiple (adjusted for size and gross margin).
assurance housing ltd Estimated Valuation
Pomanda estimates the enterprise value of ASSURANCE HOUSING LTD at £96.9k based on an EBITDA of £21.1k and a 4.6x industry multiple (adjusted for size and gross margin).
assurance housing ltd Estimated Valuation
Pomanda estimates the enterprise value of ASSURANCE HOUSING LTD at £0 based on Net Assets of £-18.4k and 1.73x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Assurance Housing Ltd Overview
Assurance Housing Ltd is a live company located in birmingham, B5 5LS with a Companies House number of 10172192. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in May 2016, it's largest shareholder is nabeela nisa with a 100% stake. Assurance Housing Ltd is a young, micro sized company, Pomanda has estimated its turnover at £113.7k with low growth in recent years.
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Assurance Housing Ltd Health Check
Pomanda's financial health check has awarded Assurance Housing Ltd a 1.5 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 £113.7k, make it smaller than the average company (£1.4m)
- Assurance Housing Ltd
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (2%)
- Assurance Housing Ltd
2% - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (59.7%)
- Assurance Housing Ltd
59.7% - Industry AVG
Profitability
an operating margin of 18.5% make it more profitable than the average company (14.1%)
- Assurance Housing Ltd
14.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (7)
3 - Assurance Housing Ltd
7 - Industry AVG
Pay Structure
on an average salary of £35.9k, the company has an equivalent pay structure (£35.9k)
- Assurance Housing Ltd
£35.9k - Industry AVG
Efficiency
resulting in sales per employee of £37.9k, this is less efficient (£150.4k)
- Assurance Housing Ltd
£150.4k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is later than average (19 days)
- Assurance Housing Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is close to average (30 days)
- Assurance Housing Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Assurance Housing Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Assurance Housing Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 242.4%, this is a higher level of debt than the average (60.7%)
242.4% - Assurance Housing Ltd
60.7% - Industry AVG
ASSURANCE HOUSING LTD financials
Assurance Housing Ltd's latest turnover from May 2023 is estimated at £113.7 thousand and the company has net assets of -£18.4 thousand. According to their latest financial statements, Assurance Housing Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | 3 | 3 | 2 | 2 | 2 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 960 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 960 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 11,929 | 19 | 15,813 | 17,658 | 5,030 | 5,701 | 47 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 11,929 | 19 | 15,813 | 17,658 | 5,030 | 5,701 | 47 |
total assets | 12,889 | 19 | 15,813 | 17,658 | 5,030 | 5,701 | 47 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 8,132 | 11,078 | 3,321 | 3,069 | 3,627 | 1,872 | 999 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 8,132 | 11,078 | 3,321 | 3,069 | 3,627 | 1,872 | 999 |
loans | 0 | 0 | 0 | 0 | 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 | 23,116 | 23,116 | 26,000 | 26,000 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 23,116 | 23,116 | 26,000 | 26,000 | 0 | 0 | 0 |
total liabilities | 31,248 | 34,194 | 29,321 | 29,069 | 3,627 | 1,872 | 999 |
net assets | -18,359 | -34,175 | -13,508 | -11,411 | 1,403 | 3,829 | -952 |
total shareholders funds | -18,359 | -34,175 | -13,508 | -11,411 | 1,403 | 3,829 | -952 |
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 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 | 11,910 | -15,794 | -1,845 | 12,628 | -671 | 5,654 | 47 |
Creditors | -2,946 | 7,757 | 252 | -558 | 1,755 | 873 | 999 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | -2,884 | 0 | 26,000 | 0 | 0 | 0 |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
assurance housing ltd Credit Report and Business Information
Assurance Housing Ltd Competitor Analysis
Perform a competitor analysis for assurance housing ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in B 5 area or any other competitors across 12 key performance metrics.
assurance housing ltd Ownership
ASSURANCE HOUSING LTD group structure
Assurance Housing Ltd has no subsidiary companies.
Ultimate parent company
ASSURANCE HOUSING LTD
10172192
assurance housing ltd directors
Assurance Housing Ltd currently has 1 director, Ms Nabeela Nisa serving since Nov 2019.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Nabeela Nisa | England | 20 years | Nov 2019 | - | Director |
P&L
May 2023turnover
113.7k
+63%
operating profit
21.1k
0%
gross margin
19.1%
+16.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-18.4k
-0.46%
total assets
12.9k
+677.37%
cash
0
0%
net assets
Total assets minus all liabilities
assurance housing ltd company details
company number
10172192
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
May 2016
age
8
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
38 meriden street, birmingham, B5 5LS
accountant
-
auditor
-
assurance housing 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 assurance housing ltd.
assurance housing ltd Companies House Filings - See Documents
date | description | view/download |
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