pu properties (salford) ltd
pu properties (salford) ltd Company Information
Company Number
10292549
Next Accounts
Jan 2025
Industry
Buying and selling of own real estate
Shareholders
urban splash assets 2 limited
pears property ventures limted
Group Structure
View All
Contact
Registered Address
12th floor aldgate tower, 2 leman street, london, E1W 9US
Website
urbansplash.co.ukpu properties (salford) ltd Estimated Valuation
Pomanda estimates the enterprise value of PU PROPERTIES (SALFORD) LTD at £1.7m based on a Turnover of £781.5k and 2.16x industry multiple (adjusted for size and gross margin).
pu properties (salford) ltd Estimated Valuation
Pomanda estimates the enterprise value of PU PROPERTIES (SALFORD) LTD at £1.8m based on an EBITDA of £363.1k and a 4.91x industry multiple (adjusted for size and gross margin).
pu properties (salford) ltd Estimated Valuation
Pomanda estimates the enterprise value of PU PROPERTIES (SALFORD) LTD at £0 based on Net Assets of £-1.4m and 1.61x industry multiple (adjusted for liquidity).
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Pu Properties (salford) Ltd Overview
Pu Properties (salford) Ltd is a live company located in london, E1W 9US with a Companies House number of 10292549. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in July 2016, it's largest shareholder is urban splash assets 2 limited with a 50% stake. Pu Properties (salford) Ltd is a young, small sized company, Pomanda has estimated its turnover at £781.5k with declining growth in recent years.
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Pu Properties (salford) Ltd Health Check
Pomanda's financial health check has awarded Pu Properties (Salford) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £781.5k, make it in line with the average company (£840.4k)
£781.5k - Pu Properties (salford) Ltd
£840.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (2.1%)
- Pu Properties (salford) Ltd
2.1% - Industry AVG
Production
with a gross margin of 37.9%, this company has a higher cost of product (68.7%)
37.9% - Pu Properties (salford) Ltd
68.7% - Industry AVG
Profitability
an operating margin of 46.5% make it more profitable than the average company (31.7%)
46.5% - Pu Properties (salford) Ltd
31.7% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - Pu Properties (salford) Ltd
4 - Industry AVG
Pay Structure
on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)
- Pu Properties (salford) Ltd
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £156.3k, this is less efficient (£193.7k)
£156.3k - Pu Properties (salford) Ltd
£193.7k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (26 days)
9 days - Pu Properties (salford) Ltd
26 days - Industry AVG
Creditor Days
its suppliers are paid after 142 days, this is slower than average (31 days)
142 days - Pu Properties (salford) Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 4849 days, this is more than average (438 days)
4849 days - Pu Properties (salford) Ltd
438 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (8 weeks)
6 weeks - Pu Properties (salford) Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 119.5%, this is a higher level of debt than the average (64.5%)
119.5% - Pu Properties (salford) Ltd
64.5% - Industry AVG
PU PROPERTIES (SALFORD) LTD financials
Pu Properties (Salford) Ltd's latest turnover from April 2023 is £781.5 thousand and the company has net assets of -£1.4 million. According to their latest financial statements, Pu Properties (Salford) Ltd has 5 employees and maintains cash reserves of £687.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 781,504 | 795,707 | 765,346 | 783,028 | 544,081 | 370,619 | 249,410 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 485,201 | 494,568 | 456,157 | 451,394 | 371,561 | 278,320 | 188,143 |
| Gross Profit | 296,303 | 301,139 | 309,189 | 331,634 | 172,520 | 92,299 | 61,267 |
| Admin Expenses | -66,838 | -115,836 | 8,791 | 113,397 | 12,900 | 12,775 | 62,138 |
| Operating Profit | 363,141 | 416,975 | 300,398 | 218,237 | 159,620 | 79,524 | -871 |
| Interest Payable | 404,537 | 354,909 | 347,727 | 527,380 | 579,080 | 482,221 | 296,639 |
| Interest Receivable | 1,064 | 29 | 1 | 0 | 4,796 | 0 | 0 |
| Pre-Tax Profit | -40,332 | 62,095 | -47,328 | -309,143 | -414,664 | -402,697 | -297,510 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -40,332 | 62,095 | -47,328 | -309,143 | -414,664 | -402,697 | -297,510 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -40,332 | 62,095 | -47,328 | -309,143 | -414,664 | -402,697 | -297,510 |
| Employee Costs | |||||||
| Number Of Employees | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| EBITDA* | 363,141 | 416,975 | 300,398 | 218,237 | 159,620 | 79,524 | -871 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 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) | 168,328 | 87,388 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 168,328 | 87,388 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 6,446,851 | 6,368,668 | 6,352,514 | 6,253,266 | 6,143,000 | 5,286,750 | 4,513,705 |
| Trade Debtors | 20,001 | 41,671 | 64,089 | 89,619 | 30,935 | 127,857 | 9,218 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 100,673 | 91,097 | 50,314 | 32,745 | 84,555 | 132,187 | 277,813 |
| Cash | 687,151 | 756,298 | 626,121 | 503,523 | 165,200 | 81,946 | 9,601 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,254,676 | 7,257,734 | 7,093,038 | 6,879,153 | 6,423,690 | 5,628,740 | 4,810,337 |
| total assets | 7,423,004 | 7,345,122 | 7,093,038 | 6,879,153 | 6,423,690 | 5,628,740 | 4,810,337 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 55,121 | 58,463 | 58,462 | 58,463 | 0 | 0 | 0 |
| Trade Creditors | 190,001 | 173,535 | 72,871 | 37,129 | 132,313 | 119,473 | 402,306 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 4,749,081 | 4,518,774 | 4,299,720 | 4,091,286 | 7,080,356 | 6,013,296 | 4,545,867 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 476,546 | 541,654 | 549,112 | 446,944 | 324,892 | 195,178 | 158,674 |
| total current liabilities | 5,470,749 | 5,292,426 | 4,980,165 | 4,633,822 | 7,537,561 | 6,327,947 | 5,106,847 |
| loans | 3,400,834 | 3,460,943 | 3,519,406 | 3,577,868 | 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 | 63,809 | 90,477 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,400,834 | 3,460,943 | 3,583,215 | 3,668,345 | 0 | 0 | 0 |
| total liabilities | 8,871,583 | 8,753,369 | 8,563,380 | 8,302,167 | 7,537,561 | 6,327,947 | 5,106,847 |
| net assets | -1,448,579 | -1,408,247 | -1,470,342 | -1,423,014 | -1,113,871 | -699,207 | -296,510 |
| total shareholders funds | -1,448,579 | -1,408,247 | -1,470,342 | -1,423,014 | -1,113,871 | -699,207 | -296,510 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 363,141 | 416,975 | 300,398 | 218,237 | 159,620 | 79,524 | -871 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 78,183 | 16,154 | 99,248 | 110,266 | 856,250 | 773,045 | 4,513,705 |
| Debtors | 68,846 | 105,753 | -7,961 | 6,874 | -144,554 | -26,987 | 287,031 |
| Creditors | 16,466 | 100,664 | 35,742 | -95,184 | 12,840 | -282,833 | 402,306 |
| Accruals and Deferred Income | -65,108 | -7,458 | 102,168 | 122,052 | 129,714 | 36,504 | 158,674 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 167,470 | 388,274 | 347,021 | 127,965 | -409,522 | -912,863 | -4,240,627 |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | -3,342 | 1 | -1 | 58,463 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 230,307 | 219,054 | 208,434 | -2,989,070 | 1,067,060 | 1,467,429 | 4,545,867 |
| Long term loans | -60,109 | -58,463 | -58,462 | 3,577,868 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -63,809 | -26,668 | 90,477 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -403,473 | -354,880 | -347,726 | -527,380 | -574,284 | -482,221 | -296,639 |
| cash flow from financing | -236,617 | -258,097 | -224,423 | 210,358 | 492,776 | 985,208 | 4,250,228 |
| cash and cash equivalents | |||||||
| cash | -69,147 | 130,177 | 122,598 | 338,323 | 83,254 | 72,345 | 9,601 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -69,147 | 130,177 | 122,598 | 338,323 | 83,254 | 72,345 | 9,601 |
pu properties (salford) ltd Credit Report and Business Information
Pu Properties (salford) Ltd Competitor Analysis
Perform a competitor analysis for pu properties (salford) ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in E1W area or any other competitors across 12 key performance metrics.
pu properties (salford) ltd Ownership
PU PROPERTIES (SALFORD) LTD group structure
Pu Properties (Salford) Ltd has no subsidiary companies.
Ultimate parent company
PU PROPERTIES (SALFORD) LTD
10292549
pu properties (salford) ltd directors
Pu Properties (Salford) Ltd currently has 4 directors. The longest serving directors include Mr Mark Pears (Jul 2016) and Mr David Pears (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Pears | 62 years | Jul 2016 | - | Director | |
| Mr David Pears | 56 years | Jul 2016 | - | Director | |
| Mr Julian Curnuck | United Kingdom | 55 years | Jul 2016 | - | Director |
| Mr Nathan Cornish | England | 50 years | Oct 2024 | - | Director |
P&L
April 2023turnover
781.5k
-2%
operating profit
363.1k
-13%
gross margin
38%
+0.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-1.4m
+0.03%
total assets
7.4m
+0.01%
cash
687.2k
-0.09%
net assets
Total assets minus all liabilities
Similar Companies
pu properties (salford) ltd company details
company number
10292549
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
July 2016
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
GRAVITA II LLP
address
12th floor aldgate tower, 2 leman street, london, E1W 9US
Bank
-
Legal Advisor
-
pu properties (salford) 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 found 6 charges/mortgages relating to pu properties (salford) ltd. Currently there are 5 open charges and 1 have been satisfied in the past.
pu properties (salford) 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 PU PROPERTIES (SALFORD) LTD. This can take several minutes, an email will notify you when this has completed.
pu properties (salford) ltd Companies House Filings - See Documents
| date | description | view/download |
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