k g properties (northern) limited
k g properties (northern) limited Company Information
Company Number
10450227
Website
-Registered Address
suite 6 vita house fish quay, north shields, NE30 1JA
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 2026
Group Structure
View All
Shareholders
ian gillis 100%
k g properties (northern) limited Estimated Valuation
Pomanda estimates the enterprise value of K G PROPERTIES (NORTHERN) LIMITED at £534.4k based on a Turnover of £191.5k and 2.79x industry multiple (adjusted for size and gross margin).
k g properties (northern) limited Estimated Valuation
Pomanda estimates the enterprise value of K G PROPERTIES (NORTHERN) LIMITED at £917.1k based on an EBITDA of £135.1k and a 6.79x industry multiple (adjusted for size and gross margin).
k g properties (northern) limited Estimated Valuation
Pomanda estimates the enterprise value of K G PROPERTIES (NORTHERN) LIMITED at £0 based on Net Assets of £-32.8k and 1.54x industry multiple (adjusted for liquidity).
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K G Properties (northern) Limited Overview
K G Properties (northern) Limited is a live company located in north shields, NE30 1JA with a Companies House number of 10450227. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2016, it's largest shareholder is ian gillis with a 100% stake. K G Properties (northern) Limited is a young, micro sized company, Pomanda has estimated its turnover at £191.5k with healthy growth in recent years.
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K G Properties (northern) Limited Health Check
Pomanda's financial health check has awarded K G Properties (Northern) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £191.5k, make it smaller than the average company (£940.3k)
- K G Properties (northern) Limited
£940.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.2%)
- K G Properties (northern) Limited
4.2% - Industry AVG
Production
with a gross margin of 75.1%, this company has a comparable cost of product (75.1%)
- K G Properties (northern) Limited
75.1% - Industry AVG
Profitability
an operating margin of 70.6% make it more profitable than the average company (27.2%)
- K G Properties (northern) Limited
27.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - K G Properties (northern) Limited
4 - Industry AVG
Pay Structure
on an average salary of £37.5k, the company has an equivalent pay structure (£37.5k)
- K G Properties (northern) Limited
£37.5k - Industry AVG
Efficiency
resulting in sales per employee of £191.5k, this is equally as efficient (£191.5k)
- K G Properties (northern) Limited
£191.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- K G Properties (northern) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- K G Properties (northern) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- K G Properties (northern) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1382 weeks, this is more cash available to meet short term requirements (10 weeks)
1382 weeks - K G Properties (northern) Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102%, this is a higher level of debt than the average (63.7%)
102% - K G Properties (northern) Limited
63.7% - Industry AVG
K G PROPERTIES (NORTHERN) LIMITED financials
K G Properties (Northern) Limited's latest turnover from May 2024 is estimated at £191.5 thousand and the company has net assets of -£32.8 thousand. According to their latest financial statements, K G Properties (Northern) Limited has 1 employee and maintains cash reserves of £106 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,523,146 | 1,652,819 | 1,533,289 | 1,530,863 | 832,486 | 595,483 | 172,561 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,523,146 | 1,667,819 | 1,548,289 | 1,545,863 | 847,486 | 610,483 | 187,561 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 76,123 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 106,038 | 16,227 | 49,877 | 52,226 | 30,313 | 19,642 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 106,038 | 16,227 | 49,877 | 52,226 | 30,313 | 19,642 | 76,123 | 0 |
| total assets | 1,629,184 | 1,684,046 | 1,598,166 | 1,598,089 | 877,799 | 630,125 | 263,684 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 1,940 | 0 | 400 | 100 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,987 | 900 | 900 | 900 | 900 | 500 | 0 | 0 |
| total current liabilities | 3,987 | 900 | 900 | 900 | 2,840 | 500 | 400 | 100 |
| loans | 773,582 | 1,092,466 | 1,040,124 | 1,049,050 | 542,525 | 435,403 | 125,453 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 884,404 | 650,147 | 619,146 | 619,146 | 372,646 | 209,435 | 146,536 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,657,986 | 1,742,613 | 1,659,270 | 1,668,196 | 915,171 | 644,838 | 271,989 | 0 |
| total liabilities | 1,661,973 | 1,743,513 | 1,660,170 | 1,669,096 | 918,011 | 645,338 | 272,389 | 100 |
| net assets | -32,789 | -59,467 | -62,004 | -71,007 | -40,212 | -15,213 | -8,705 | -100 |
| total shareholders funds | -32,789 | -59,467 | -62,004 | -71,007 | -40,212 | -15,213 | -8,705 | -100 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 | -76,123 | 76,123 | 0 |
| Creditors | 0 | 0 | 0 | -1,940 | 1,940 | -400 | 300 | 100 |
| Accruals and Deferred Income | 3,087 | 0 | 0 | 0 | 400 | 500 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -15,000 | 0 | 0 | 0 | 0 | 0 | 15,000 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -318,884 | 52,342 | -8,926 | 506,525 | 107,122 | 309,950 | 125,453 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 234,257 | 31,001 | 0 | 246,500 | 163,211 | 62,899 | 146,536 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 89,811 | -33,650 | -2,349 | 21,913 | 10,671 | 19,642 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 89,811 | -33,650 | -2,349 | 21,913 | 10,671 | 19,642 | 0 | 0 |
k g properties (northern) limited Credit Report and Business Information
K G Properties (northern) Limited Competitor Analysis
Perform a competitor analysis for k g properties (northern) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NE30 area or any other competitors across 12 key performance metrics.
k g properties (northern) limited Ownership
K G PROPERTIES (NORTHERN) LIMITED group structure
K G Properties (Northern) Limited has no subsidiary companies.
Ultimate parent company
K G PROPERTIES (NORTHERN) LIMITED
10450227
k g properties (northern) limited directors
K G Properties (Northern) Limited currently has 2 directors. The longest serving directors include Mr Ian Gillis (Oct 2016) and Mrs Marilyn Gillis (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Gillis | England | 79 years | Oct 2016 | - | Director |
| Mrs Marilyn Gillis | England | 76 years | Mar 2023 | - | Director |
P&L
May 2024turnover
191.5k
+2%
operating profit
135.1k
0%
gross margin
75.2%
+5.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
-32.8k
-0.45%
total assets
1.6m
-0.03%
cash
106k
+5.53%
net assets
Total assets minus all liabilities
k g properties (northern) limited company details
company number
10450227
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
October 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
suite 6 vita house fish quay, north shields, NE30 1JA
Bank
-
Legal Advisor
-
k g properties (northern) 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 found 15 charges/mortgages relating to k g properties (northern) limited. Currently there are 13 open charges and 2 have been satisfied in the past.
k g properties (northern) limited Companies House Filings - See Documents
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