Rising Point Properties Ltd

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rising point properties ltd Company Information

Live

YoungMicroRapid

Company Number

10175503

Website

Registered Address

84 katherine road, london, E6 1EN

Industry

Buying and selling of own real estate

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

February 2025

Group Structure

View All

Directors

Faiza Faisal8 Years

Faisal Afzaal8 Years

Shareholders

faisal afzaal 50%

faiza faisal 50%

rising point properties ltd Estimated Valuation

£229k

Pomanda estimates the enterprise value of RISING POINT PROPERTIES LTD at £229k based on a Turnover of £132.9k and 1.72x industry multiple (adjusted for size and gross margin).

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Rising Point Properties Ltd is a live company located in london, E6 1EN with a Companies House number of 10175503. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2016, it's largest shareholder is faisal afzaal with a 50% stake. Rising Point Properties Ltd is a young, micro sized company, Pomanda has estimated its turnover at £132.9k with rapid growth in recent years.

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Pomanda's financial health check has awarded Rising Point Properties Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating1.5out of 5

2 Strong

2 Regular

6 Weak

Size

annual sales of £132.9k, make it smaller than the average company (£867.8k)

Growth

3 year (CAGR) sales growth of 75%, show it is growing at a faster rate (2.1%)

EXPORT

Rising Point Properties Ltd's latest turnover from May 2023 is estimated at £132.9 thousand and the company has net assets of £47.9 thousand. According to their latest financial statements, Rising Point Properties 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	132,881	70,062	80,877	24,678	26,182	10,335	1,179
Other Income Or Grants	0	0	0	0	0	0	0
Cost Of Sales	95,770	50,814	59,986	18,353	19,038	7,414	851
Gross Profit	37,111	19,248	20,891	6,325	7,144	2,922	328
Admin Expenses	21,866	13,595	16,016	-8,501	-11,666	-3,140	4,589
Operating Profit	15,245	5,653	4,875	14,826	18,810	6,062	-4,261
Interest Payable	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0
Pre-Tax Profit	15,245	5,653	4,875	14,826	18,810	6,062	-4,261
Tax	-3,811	-1,074	-926	-2,817	-3,574	-1,152	0
Profit After Tax	11,434	4,579	3,949	12,009	15,236	4,910	-4,261
Dividends Paid	0	0	0	0	0	0	0
Retained Profit	11,434	4,579	3,949	12,009	15,236	4,910	-4,261
Employee Costs	102,662	33,267	31,340	33,426	33,341	31,860	30,588
Number Of Employees	3	1	1	1	1	1	1
EBITDA*	15,245	5,653	4,875	14,826	18,810	6,062	-4,261

* Earnings Before Interest, Tax, Depreciation and Amortisation

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017
Tangible Assets	1,400,792	1,442,047	996,101	403,596	403,788	404,028	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	1,400,792	1,442,047	996,101	403,596	403,788	404,028	0
Stock & work in progress	0	0	0	0	0	0	0
Trade Debtors	9,838	5,415	13,143	5,861	6,244	2,651	0
Group Debtors	0	0	0	0	0	0	0
Misc Debtors	0	0	15,874	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	9,838	5,415	29,017	5,861	6,244	2,651	0
total assets	1,410,630	1,447,462	1,025,118	409,457	410,032	406,679	0
Bank overdraft	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0
Trade Creditors	192,969	143,536	119,527	12,527	11,608	3,109	1,440
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	192,969	143,536	119,527	12,527	11,608	3,109	1,440
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	1,169,805	1,267,504	873,748	369,036	382,539	402,921	2,821
provisions	0	0	0	0	0	0	0
total long term liabilities	1,169,805	1,267,504	873,748	369,036	382,539	402,921	2,821
total liabilities	1,362,774	1,411,040	993,275	381,563	394,147	406,030	4,261
net assets	47,856	36,422	31,843	27,894	15,885	649	-4,261
total shareholders funds	47,856	36,422	31,843	27,894	15,885	649	-4,261

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017
Operating Activities
Operating Profit	15,245	5,653	4,875	14,826	18,810	6,062	-4,261
Depreciation	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0
Tax	-3,811	-1,074	-926	-2,817	-3,574	-1,152	0
Stock	0	0	0	0	0	0	0
Debtors	4,423	-23,602	23,156	-383	3,593	2,651	0
Creditors	49,433	24,009	107,000	919	8,499	1,669	1,440
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	56,444	52,190	87,793	13,311	20,142	3,928	-2,821
Investing Activities
capital expenditure	41,255	-445,946	-592,505	192	240	-404,028	0
Change in Investments	0	0	0	0	0	0	0
cash flow from investments	41,255	-445,946	-592,505	192	240	-404,028	0
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	-97,699	393,756	504,712	-13,503	-20,382	400,100	2,821
share issue	0	0	0	0	0	0	0
interest	0	0	0	0	0	0	0
cash flow from financing	-97,699	393,756	504,712	-13,503	-20,382	400,100	2,821
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

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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RISING POINT PROPERTIES LTD group structure

Rising Point Properties Ltd has no subsidiary companies.

Ultimate parent company

RISING POINT PROPERTIES LTD

10175503

RISING POINT PROPERTIES LTD Shareholders

faisal afzaal	50%
faiza faisal	50%

Rising Point Properties Ltd currently has 2 directors. The longest serving directors include Mrs Faiza Faisal (May 2016) and Mr Faisal Afzaal (May 2016).

officer	country	age	start	end	role
Mrs Faiza Faisal	England	49 years	May 2016	-	Director
Mr Faisal Afzaal	England	50 years	May 2016	-	Director

P&L

May 2023

turnover

132.9k

+90%

operating profit

15.2k

gross margin

28%

+1.66%

turnover

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

Balance Sheet

May 2023

net assets

47.9k

+0.31%

total assets

1.4m

-0.03%

cash

net assets

Total assets minus all liabilities

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company number

10175503

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

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

May 2016

age

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

address

84 katherine road, london, E6 1EN

last accounts submitted

May 2023

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 rising point properties ltd. Currently there are 4 open charges and 2 have been satisfied in the past.

rising point properties ltd Company Information

rising point properties ltd Estimated Valuation

rising point properties ltd Estimated Valuation

rising point properties ltd Estimated Valuation

Rising Point Properties Ltd Overview

Rising Point Properties Ltd Health Check

RISING POINT PROPERTIES LTD financials

rising point properties ltd Credit Report and Business Information

Rising Point Properties Ltd Competitor Analysis

rising point properties ltd Ownership

rising point properties ltd directors

rising point properties ltd company details

rising point properties ltd Charges & Mortgages

rising point properties ltd Companies House Filings - See Documents