alto residential limited
alto residential limited Company Information
Company Number
10257079
Next Accounts
Dec 2024
Industry
Development of building projects
Directors
Shareholders
starheath limited
Group Structure
View All
Contact
Registered Address
winston house, 349 regents park road, london, N3 1DH
Website
altoresidential.co.ukalto residential limited Estimated Valuation
Pomanda estimates the enterprise value of ALTO RESIDENTIAL LIMITED at £6.3m based on a Turnover of £10.3m and 0.61x industry multiple (adjusted for size and gross margin).
alto residential limited Estimated Valuation
Pomanda estimates the enterprise value of ALTO RESIDENTIAL LIMITED at £1.8m based on an EBITDA of £381.1k and a 4.61x industry multiple (adjusted for size and gross margin).
alto residential limited Estimated Valuation
Pomanda estimates the enterprise value of ALTO RESIDENTIAL LIMITED at £0 based on Net Assets of £-1.3m and 1.49x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Alto Residential Limited Overview
Alto Residential Limited is a live company located in london, N3 1DH with a Companies House number of 10257079. It operates in the development of building projects sector, SIC Code 41100. Founded in June 2016, it's largest shareholder is starheath limited with a 100% stake. Alto Residential Limited is a young, mid sized company, Pomanda has estimated its turnover at £10.3m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Alto Residential Limited Health Check
Pomanda's financial health check has awarded Alto Residential Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £10.3m, make it larger than the average company (£2.1m)
- Alto Residential Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (2.1%)
- Alto Residential Limited
2.1% - Industry AVG
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- Alto Residential Limited
25.8% - Industry AVG
Profitability
an operating margin of 3.7% make it less profitable than the average company (8.7%)
- Alto Residential Limited
8.7% - Industry AVG
Employees
with 38 employees, this is above the industry average (6)
- Alto Residential Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)
- Alto Residential Limited
£46.3k - Industry AVG
Efficiency
resulting in sales per employee of £271.4k, this is equally as efficient (£275.1k)
- Alto Residential Limited
£275.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Alto Residential Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (31 days)
- Alto Residential Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 419 days, this is more than average (181 days)
- Alto Residential Limited
181 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Alto Residential Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 113.2%, this is a higher level of debt than the average (74.7%)
113.2% - Alto Residential Limited
74.7% - Industry AVG
ALTO RESIDENTIAL LIMITED financials
Alto Residential Limited's latest turnover from March 2023 is estimated at £10.3 million and the company has net assets of -£1.3 million. According to their latest financial statements, we estimate that Alto Residential Limited has 38 employees and maintains cash reserves of £234 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jun 2018 | Jun 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,412 | 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 | 1,412 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 8,792,134 | 7,707,840 | 8,154,183 | 6,474,085 | 4,027,978 | 2,452,707 | 1,858,554 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,263,300 | 1,262,005 | 1,286,658 | 1,435,701 | 1,593,259 | 1,266,274 | 921,042 |
| Cash | 234 | 371 | 232 | 15,193 | 24,947 | 38,910 | 20,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,055,668 | 8,970,216 | 9,441,073 | 7,924,979 | 5,646,184 | 3,757,891 | 2,799,596 |
| total assets | 10,057,080 | 8,970,216 | 9,441,073 | 7,924,979 | 5,646,184 | 3,757,891 | 2,799,596 |
| Bank overdraft | 4,445,066 | 4,106,477 | 4,293,222 | 3,896,718 | 4,247,200 | 2,571,101 | 1,517,148 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,063,930 | 253,760 | 266,525 | 262,017 | 594,950 | 235,568 | 419,023 |
| 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 | 5,874,200 | 5,878,724 | 5,150,532 | 3,976,174 | 977,828 | 1,090,057 | 879,273 |
| total current liabilities | 11,383,196 | 10,238,961 | 9,710,279 | 8,134,909 | 5,819,978 | 3,896,726 | 2,815,444 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 11,383,196 | 10,238,961 | 9,710,279 | 8,134,909 | 5,819,978 | 3,896,726 | 2,815,444 |
| net assets | -1,326,116 | -1,268,745 | -269,206 | -209,930 | -173,794 | -138,835 | -15,848 |
| total shareholders funds | -1,326,116 | -1,268,745 | -269,206 | -209,930 | -173,794 | -138,835 | -15,848 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 202 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 1,084,294 | -446,343 | 1,680,098 | 2,446,107 | 1,575,271 | 594,153 | 1,858,554 |
| Debtors | 1,295 | -24,653 | -149,043 | -157,558 | 326,985 | 345,232 | 921,042 |
| Creditors | 810,170 | -12,765 | 4,508 | -332,933 | 359,382 | -183,455 | 419,023 |
| Accruals and Deferred Income | -4,524 | 728,192 | 1,174,358 | 2,998,346 | -112,229 | 210,784 | 879,273 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -137 | 139 | -14,961 | -9,754 | -13,963 | 18,910 | 20,000 |
| overdraft | 338,589 | -186,745 | 396,504 | -350,482 | 1,676,099 | 1,053,953 | 1,517,148 |
| change in cash | -338,726 | 186,884 | -411,465 | 340,728 | -1,690,062 | -1,035,043 | -1,497,148 |
alto residential limited Credit Report and Business Information
Alto Residential Limited Competitor Analysis
Perform a competitor analysis for alto residential limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in N 3 area or any other competitors across 12 key performance metrics.
alto residential limited Ownership
ALTO RESIDENTIAL LIMITED group structure
Alto Residential Limited has no subsidiary companies.
Ultimate parent company
KATLIN PROPERTIES LTD
#0087128
2 parents
ALTO RESIDENTIAL LIMITED
10257079
alto residential limited directors
Alto Residential Limited currently has 1 director, Mr Nicholas Vaus serving since Feb 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Vaus | England | 64 years | Feb 2020 | - | Director |
P&L
March 2023turnover
10.3m
+132%
operating profit
380.9k
0%
gross margin
25.9%
+8.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-1.3m
+0.05%
total assets
10.1m
+0.12%
cash
234
-0.37%
net assets
Total assets minus all liabilities
alto residential limited company details
company number
10257079
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
June 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
MELINEK FINE LLP
auditor
-
address
winston house, 349 regents park road, london, N3 1DH
Bank
-
Legal Advisor
-
alto residential 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 did not find charges/mortgages relating to alto residential limited.
alto residential limited Companies House Filings - See Documents
| date | description | view/download |
|---|
