Pomanda estimates the enterprise value of NELSONS LETTINGS LTD at £165.7k based on a Turnover of £106k and 1.56x industry multiple (adjusted for size and gross margin).
nelsons lettings ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of NELSONS LETTINGS LTD at £0 based on an EBITDA of £-6.3k and a 4.5x industry multiple (adjusted for size and gross margin).
nelsons lettings ltdEstimated Valuation
£5k
Pomanda estimates the enterprise value of NELSONS LETTINGS LTD at £5k based on Net Assets of £2.6k and 1.92x industry multiple (adjusted for liquidity).
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Nelsons Lettings LtdOverview
Nelsons Lettings Ltd is a live company located in ipswich, IP2 8AB with a Companies House number of 10546166. It operates in the real estate agencies sector, SIC Code 68310. Founded in January 2017, it's largest shareholder is
sarjit singh
with a 50% stake. Nelsons Lettings Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£106k with
declining
growth in recent years.
Pomanda's financial health check has awarded Nelsons Lettings Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £106k, make it smaller than the average company (£628k)
£106k - Nelsons Lettings Ltd
£628k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (4.9%)
-4% - Nelsons Lettings Ltd
4.9% - Industry AVG
Production
with a gross margin of 28.9%, this company has a higher cost of product (77.3%)
28.9% - Nelsons Lettings Ltd
77.3% - Industry AVG
Profitability
an operating margin of -5.9% make it less profitable than the average company (6.6%)
-5.9% - Nelsons Lettings Ltd
6.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (12)
3 - Nelsons Lettings Ltd
12 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
£41.5k - Nelsons Lettings Ltd
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £35.3k, this is less efficient (£95k)
£35.3k - Nelsons Lettings Ltd
£95k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is later than average (42 days)
63 days - Nelsons Lettings Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (36 days)
75 days - Nelsons Lettings Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nelsons Lettings Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nelsons Lettings Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.9%, this is a higher level of debt than the average (53.9%)
85.9% - Nelsons Lettings Ltd
53.9% - Industry AVG
NELSONS LETTINGS LTD financials
EXPORT
Nelsons Lettings Ltd's latest turnover from December 2023 is estimated at £106 thousand and the company has net assets of £2.6 thousand. According to their latest financial statements, Nelsons Lettings Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Turnover
106,008
114,916
107,179
121,128
109,232
60,287
30,488
Other Income Or Grants
Cost Of Sales
75,327
78,677
73,536
86,522
77,076
41,983
19,677
Gross Profit
30,681
36,239
33,644
34,606
32,157
18,304
10,811
Admin Expenses
36,979
49,752
30,870
28,307
26,106
9,527
7,018
Operating Profit
-6,298
-13,513
2,774
6,299
6,051
8,777
3,793
Interest Payable
Interest Receivable
Pre-Tax Profit
-6,298
-13,513
2,774
6,299
6,051
8,777
3,793
Tax
-527
-1,197
-1,150
-1,668
-721
Profit After Tax
-6,298
-13,513
2,247
5,102
4,901
7,109
3,072
Dividends Paid
Retained Profit
-6,298
-13,513
2,247
5,102
4,901
7,109
3,072
Employee Costs
124,534
124,633
118,521
114,265
115,728
37,063
34,162
Number Of Employees
3
3
3
3
3
1
1
EBITDA*
-6,298
-13,513
2,774
6,299
6,051
8,777
3,793
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
18,550
26,662
25,171
34,082
25,190
22,658
12,072
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
18,550
26,662
25,171
34,082
25,190
22,658
12,072
total assets
18,550
26,662
25,171
34,082
25,190
22,658
12,072
Bank overdraft
Bank loan
Trade Creditors
15,530
17,344
2,390
13,548
9,858
12,227
8,820
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
15,530
17,344
2,390
13,548
9,858
12,227
8,820
loans
hp & lease commitments
Accruals and Deferred Income
400
400
350
350
250
250
180
other liabilities
provisions
total long term liabilities
400
400
350
350
250
250
180
total liabilities
15,930
17,744
2,740
13,898
10,108
12,477
9,000
net assets
2,620
8,918
22,431
20,184
15,082
10,181
3,072
total shareholders funds
2,620
8,918
22,431
20,184
15,082
10,181
3,072
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Operating Activities
Operating Profit
-6,298
-13,513
2,774
6,299
6,051
8,777
3,793
Depreciation
Amortisation
Tax
-527
-1,197
-1,150
-1,668
-721
Stock
Debtors
-8,112
1,491
-8,911
8,892
2,532
10,586
12,072
Creditors
-1,814
14,954
-11,158
3,690
-2,369
3,407
8,820
Accruals and Deferred Income
50
100
70
180
Deferred Taxes & Provisions
Cash flow from operations
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
nelsons lettings ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for nelsons lettings ltd. Get real-time insights into nelsons lettings ltd's credit score, group structure and payment trends.
Perform a competitor analysis for nelsons lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in IP2 area or any other competitors across 12 key performance metrics.
nelsons lettings ltd Ownership
NELSONS LETTINGS LTD group structure
Nelsons Lettings Ltd has no subsidiary companies.
Ultimate parent company
NELSONS LETTINGS LTD
10546166
NELSONS LETTINGS LTD Shareholders
The largest shareholders in Nelsons Lettings Ltd include Sarjit Singh and Avtar Singh.
sarjit singh
50%
avtar singh
50%
nelsons lettings ltd directors
Nelsons Lettings Ltd currently has 1 director, Mr Avtar Singh serving since Jan 2017.
68320 - Management of real estate on a fee or contract basis
68310 - Real estate agencies
incorporation date
January 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
office suite 6a burrell road, ipswich, IP2 8AB
Bank
-
Legal Advisor
-
nelsons lettings 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 nelsons lettings ltd.
nelsons lettings 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.
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nelsons lettings ltdCompanies House Filings - See Documents
