park lane property agents ltd
park lane property agents ltd Company Information
Company Number
10265358
Registered Address
rae house dane street, bishops stortford, hertfordshire cm23 3bt, CM23 2JY
Industry
Real estate agencies
Telephone
01279659619
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
david charles worrell 100%
park lane property agents ltd Estimated Valuation
Pomanda estimates the enterprise value of PARK LANE PROPERTY AGENTS LTD at £183.5k based on a Turnover of £98.9k and 1.86x industry multiple (adjusted for size and gross margin).
park lane property agents ltd Estimated Valuation
Pomanda estimates the enterprise value of PARK LANE PROPERTY AGENTS LTD at £0 based on an EBITDA of £-18.9k and a 7.2x industry multiple (adjusted for size and gross margin).
park lane property agents ltd Estimated Valuation
Pomanda estimates the enterprise value of PARK LANE PROPERTY AGENTS LTD at £196.6k based on Net Assets of £103k and 1.91x industry multiple (adjusted for liquidity).
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Park Lane Property Agents Ltd Overview
Park Lane Property Agents Ltd is a live company located in hertfordshire cm23 3bt, CM23 2JY with a Companies House number of 10265358. It operates in the real estate agencies sector, SIC Code 68310. Founded in July 2016, it's largest shareholder is david charles worrell with a 100% stake. Park Lane Property Agents Ltd is a young, micro sized company, Pomanda has estimated its turnover at £98.9k with declining growth in recent years.
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Park Lane Property Agents Ltd Health Check
Pomanda's financial health check has awarded Park Lane Property Agents Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £98.9k, make it smaller than the average company (£1.2m)
- Park Lane Property Agents Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (5%)
- Park Lane Property Agents Ltd
5% - Industry AVG
Production
with a gross margin of 80.9%, this company has a comparable cost of product (80.9%)
- Park Lane Property Agents Ltd
80.9% - Industry AVG
Profitability
an operating margin of -20.9% make it less profitable than the average company (8.7%)
- Park Lane Property Agents Ltd
8.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (15)
2 - Park Lane Property Agents Ltd
15 - Industry AVG
Pay Structure
on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)
- Park Lane Property Agents Ltd
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £49.5k, this is less efficient (£77.9k)
- Park Lane Property Agents Ltd
£77.9k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (32 days)
- Park Lane Property Agents Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 186 days, this is slower than average (43 days)
- Park Lane Property Agents Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Park Lane Property Agents Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 237 weeks, this is more cash available to meet short term requirements (28 weeks)
237 weeks - Park Lane Property Agents Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.7%, this is a lower level of debt than the average (62.4%)
35.7% - Park Lane Property Agents Ltd
62.4% - Industry AVG
PARK LANE PROPERTY AGENTS LTD financials
Park Lane Property Agents Ltd's latest turnover from July 2023 is estimated at £98.9 thousand and the company has net assets of £103 thousand. According to their latest financial statements, Park Lane Property Agents Ltd has 2 employees and maintains cash reserves of £146.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 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 | 3 | 3 | 3 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,483 | 5,209 | 7,091 | 3,269 | 5,432 | 7,600 | 7,628 |
| 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 | 3,483 | 5,209 | 7,091 | 3,269 | 5,432 | 7,600 | 7,628 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,880 | 480 | 10,320 | 17,735 | 0 | 17,279 | 36,123 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,064 | 9,170 | 983 | 5,151 | 3,860 | 4,141 | 2,414 |
| Cash | 146,743 | 179,089 | 206,798 | 82,582 | 51,440 | 45,601 | 55,977 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 156,687 | 188,739 | 218,101 | 105,468 | 55,300 | 67,021 | 94,514 |
| total assets | 160,170 | 193,948 | 225,192 | 108,737 | 60,732 | 74,621 | 102,142 |
| Bank overdraft | 10,000 | 10,000 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,643 | 4,839 | 7,639 | 9,701 | 6,372 | 7,134 | 6,987 |
| 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 | 12,495 | 23,242 | 46,575 | 62,397 | 53,185 | 66,282 | 90,135 |
| total current liabilities | 32,138 | 38,081 | 54,214 | 72,098 | 59,557 | 73,416 | 97,122 |
| loans | 25,000 | 35,000 | 50,000 | 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 | 923 | 1,215 | 280 | 356 | 431 | 0 |
| total long term liabilities | 25,000 | 35,923 | 51,215 | 280 | 356 | 431 | 0 |
| total liabilities | 57,138 | 74,004 | 105,429 | 72,378 | 59,913 | 73,847 | 97,122 |
| net assets | 103,032 | 119,944 | 119,763 | 36,359 | 819 | 774 | 5,020 |
| total shareholders funds | 103,032 | 119,944 | 119,763 | 36,359 | 819 | 774 | 5,020 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 1,726 | 1,882 | 1,922 | 2,163 | 2,168 | 1,965 | 1,901 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 294 | -1,653 | -11,583 | 19,026 | -17,560 | -17,117 | 38,537 |
| Creditors | 4,804 | -2,800 | -2,062 | 3,329 | -762 | 147 | 6,987 |
| Accruals and Deferred Income | -10,747 | -23,333 | -15,822 | 9,212 | -13,097 | -23,853 | 90,135 |
| Deferred Taxes & Provisions | -923 | -292 | 935 | -76 | -75 | 431 | 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 | -10,000 | -15,000 | 50,000 | 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 | -32,346 | -27,709 | 124,216 | 31,142 | 5,839 | -10,376 | 55,977 |
| overdraft | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -32,346 | -37,709 | 124,216 | 31,142 | 5,839 | -10,376 | 55,977 |
park lane property agents ltd Credit Report and Business Information
Park Lane Property Agents Ltd Competitor Analysis
Perform a competitor analysis for park lane property agents ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CM23 area or any other competitors across 12 key performance metrics.
park lane property agents ltd Ownership
PARK LANE PROPERTY AGENTS LTD group structure
Park Lane Property Agents Ltd has no subsidiary companies.
Ultimate parent company
PARK LANE PROPERTY AGENTS LTD
10265358
park lane property agents ltd directors
Park Lane Property Agents Ltd currently has 2 directors. The longest serving directors include Mr David Worrell (Jul 2016) and Miss Amie Worrell (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Worrell | United Kingdom | 60 years | Jul 2016 | - | Director |
| Miss Amie Worrell | United Kingdom | 34 years | Oct 2020 | - | Director |
P&L
July 2023turnover
98.9k
-11%
operating profit
-20.7k
0%
gross margin
81%
-5.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
103k
-0.14%
total assets
160.2k
-0.17%
cash
146.7k
-0.18%
net assets
Total assets minus all liabilities
park lane property agents ltd company details
company number
10265358
Type
Private limited with Share Capital
industry
68310 - Real estate agencies
incorporation date
July 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
BARROW LLP
auditor
-
address
rae house dane street, bishops stortford, hertfordshire cm23 3bt, CM23 2JY
Bank
-
Legal Advisor
-
park lane property agents 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 park lane property agents ltd.
park lane property agents ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
