rs gleaves property limited

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rs gleaves property limited Company Information

Share RS GLEAVES PROPERTY LIMITED

Company Number

10304007

Shareholders

r stanton-gleaves uk limited

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

19-20 bourne court, southend road, woodford green, essex, IG8 8HD

Website

-

rs gleaves property limited Estimated Valuation

£6.4m

Pomanda estimates the enterprise value of RS GLEAVES PROPERTY LIMITED at £6.4m based on a Turnover of £2.6m and 2.41x industry multiple (adjusted for size and gross margin).

rs gleaves property limited Estimated Valuation

£205.7k

Pomanda estimates the enterprise value of RS GLEAVES PROPERTY LIMITED at £205.7k based on an EBITDA of £42.4k and a 4.85x industry multiple (adjusted for size and gross margin).

rs gleaves property limited Estimated Valuation

£387.4k

Pomanda estimates the enterprise value of RS GLEAVES PROPERTY LIMITED at £387.4k based on Net Assets of £219.6k and 1.76x industry multiple (adjusted for liquidity).

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Rs Gleaves Property Limited Overview

Rs Gleaves Property Limited is a live company located in woodford green, IG8 8HD with a Companies House number of 10304007. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2016, it's largest shareholder is r stanton-gleaves uk limited with a 100% stake. Rs Gleaves Property Limited is a young, small sized company, Pomanda has estimated its turnover at £2.6m with rapid growth in recent years.

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Rs Gleaves Property Limited Health Check

Pomanda's financial health check has awarded Rs Gleaves Property Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £2.6m, make it larger than the average company (£1.1m)

£2.6m - Rs Gleaves Property Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 87%, show it is growing at a faster rate (3.6%)

87% - Rs Gleaves Property Limited

3.6% - Industry AVG

production

Production

with a gross margin of 26.4%, this company has a higher cost of product (70.8%)

26.4% - Rs Gleaves Property Limited

70.8% - Industry AVG

profitability

Profitability

an operating margin of 1.6% make it less profitable than the average company (21.4%)

1.6% - Rs Gleaves Property Limited

21.4% - Industry AVG

employees

Employees

with 6 employees, this is above the industry average (4)

6 - Rs Gleaves Property Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)

£33.1k - Rs Gleaves Property Limited

£33.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £441.4k, this is more efficient (£202.7k)

£441.4k - Rs Gleaves Property Limited

£202.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 87 days, this is later than average (33 days)

87 days - Rs Gleaves Property Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 199 days, this is slower than average (34 days)

199 days - Rs Gleaves Property Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rs Gleaves Property Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)

0 weeks - Rs Gleaves Property Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 85.4%, this is a higher level of debt than the average (71.4%)

85.4% - Rs Gleaves Property Limited

71.4% - Industry AVG

RS GLEAVES PROPERTY LIMITED financials

EXPORTms excel logo

Rs Gleaves Property Limited's latest turnover from December 2023 is estimated at £2.6 million and the company has net assets of £219.6 thousand. According to their latest financial statements, we estimate that Rs Gleaves Property Limited has 6 employees and maintains cash reserves of £15.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Turnover2,648,3192,527,9012,450,184406,332496,440230,063
Other Income Or Grants
Cost Of Sales1,948,9291,908,5631,865,142307,599374,358171,364
Gross Profit699,390619,338585,04298,733122,08158,699
Admin Expenses656,970578,462548,02268,660-23,91590,353-91,009
Operating Profit42,42040,87637,02030,073145,996-31,65491,009
Interest Payable10,22610,7868,4579,52211,88514,3167,743
Interest Receivable554301351051314184
Pre-Tax Profit32,74830,39028,59920,560134,162-45,65683,449
Tax-8,187-5,774-5,434-3,906-25,491-15,855
Profit After Tax24,56124,61623,16516,654108,671-45,65667,594
Dividends Paid
Retained Profit24,56124,61623,16516,654108,671-45,65667,594
Employee Costs198,600188,268211,22956,78858,22328,009
Number Of Employees667221
EBITDA*42,42040,87637,02030,073145,996-31,65491,009

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Tangible Assets
Intangible Assets
Investments & Other851,718851,718851,7181,473,8181,473,818837,095837,095
Debtors (Due After 1 year)
Total Fixed Assets851,718851,718851,7181,473,8181,473,818837,095837,095
Stock & work in progress
Trade Debtors632,014641,014632,0143,9143,9149,336
Group Debtors9,336
Misc Debtors
Cash15,7815,31211,89016,0573,49110,10273,686
misc current assets
total current assets647,795646,326643,90419,9717,40519,43883,022
total assets1,499,5131,498,0441,495,6221,493,7891,481,223856,533920,117
Bank overdraft33,395
Bank loan
Trade Creditors 1,066,9761,066,9751,066,9761,066,9761,050,808515,087
Group/Directors Accounts355,037
other short term finances
hp & lease commitments
other current liabilities125,649
total current liabilities1,066,9761,066,9751,066,9761,066,9761,050,808515,087514,081
loans79,352102,445124,638145,970166,226185,928204,862
hp & lease commitments
Accruals and Deferred Income
other liabilities133,579133,579133,579133,579133,579133,579133,579
provisions
total long term liabilities212,931236,024258,217279,549299,805319,507338,441
total liabilities1,279,9071,302,9991,325,1931,346,5251,350,613834,594852,522
net assets219,606195,045170,429147,264130,61021,93967,595
total shareholders funds219,606195,045170,429147,264130,61021,93967,595
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Operating Activities
Operating Profit42,42040,87637,02030,073145,996-31,65491,009
Depreciation
Amortisation
Tax-8,187-5,774-5,434-3,906-25,491-15,855
Stock
Debtors-9,0009,000628,100-5,4229,336
Creditors1-116,168535,721515,087
Accruals and Deferred Income-125,649125,649
Deferred Taxes & Provisions
Cash flow from operations43,23426,101-596,51442,335661,648357,784191,467
Investing Activities
capital expenditure
Change in Investments-622,100636,723837,095
cash flow from investments622,100-636,723-837,095
Financing Activities
Bank loans
Group/Directors Accounts-355,037355,037
Other Short Term Loans
Long term loans-23,093-22,193-21,332-20,256-19,702-18,934204,862
Hire Purchase and Lease Commitments
other long term liabilities133,579
share issue1
interest-9,672-10,485-8,422-9,512-11,834-14,002-7,559
cash flow from financing-32,765-32,678-29,754-29,768-31,536-387,973685,920
cash and cash equivalents
cash10,469-6,578-4,16712,566-6,611-63,58473,686
overdraft-33,39533,395
change in cash10,469-6,578-4,16712,566-6,611-30,18940,291

rs gleaves property limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Rs Gleaves Property Limited Competitor Analysis

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Perform a competitor analysis for rs gleaves property limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in IG8 area or any other competitors across 12 key performance metrics.

rs gleaves property limited Ownership

RS GLEAVES PROPERTY LIMITED group structure

Rs Gleaves Property Limited has no subsidiary companies.

Ultimate parent company

1 parent

RS GLEAVES PROPERTY LIMITED

10304007

RS GLEAVES PROPERTY LIMITED Shareholders

r stanton-gleaves uk limited 100%

rs gleaves property limited directors

Rs Gleaves Property Limited currently has 1 director, Mr Robin Stanton-Gleaves serving since Jul 2016.

officercountryagestartendrole
Mr Robin Stanton-GleavesUnited Kingdom57 years Jul 2016- Director

P&L

December 2023

turnover

2.6m

+5%

operating profit

42.4k

0%

gross margin

26.5%

+7.79%

turnover

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

Balance Sheet

December 2023

net assets

219.6k

+0.13%

total assets

1.5m

0%

cash

15.8k

+1.97%

net assets

Total assets minus all liabilities

rs gleaves property limited company details

company number

10304007

Type

Private limited with Share Capital

industry

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

July 2016

age

9

incorporated

UK

ultimate parent company

accounts

Unaudited Abridged

last accounts submitted

December 2023

previous names

N/A

accountant

RAFFINGERS LLP

auditor

-

address

19-20 bourne court, southend road, woodford green, essex, IG8 8HD

Bank

-

Legal Advisor

-

rs gleaves property 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 rs gleaves property limited.

rs gleaves property limited 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.

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rs gleaves property limited Companies House Filings - See Documents

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