innov8ive property management ltd

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innov8ive property management ltd Company Information

Share INNOV8IVE PROPERTY MANAGEMENT LTD

Company Number

10572493

Shareholders

alison humphries

iain humphries

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

107 promenade, cheltenham, GL50 1NW

Website

-

innov8ive property management ltd Estimated Valuation

£12.9k

Pomanda estimates the enterprise value of INNOV8IVE PROPERTY MANAGEMENT LTD at £12.9k based on a Turnover of £4k and 3.22x industry multiple (adjusted for size and gross margin).

innov8ive property management ltd Estimated Valuation

£319.9k

Pomanda estimates the enterprise value of INNOV8IVE PROPERTY MANAGEMENT LTD at £319.9k based on an EBITDA of £51k and a 6.27x industry multiple (adjusted for size and gross margin).

innov8ive property management ltd Estimated Valuation

£18.2k

Pomanda estimates the enterprise value of INNOV8IVE PROPERTY MANAGEMENT LTD at £18.2k based on Net Assets of £10.8k and 1.68x industry multiple (adjusted for liquidity).

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Innov8ive Property Management Ltd Overview

Innov8ive Property Management Ltd is a live company located in cheltenham, GL50 1NW with a Companies House number of 10572493. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2017, it's largest shareholder is alison humphries with a 50% stake. Innov8ive Property Management Ltd is a young, micro sized company, Pomanda has estimated its turnover at £4k with declining growth in recent years.

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Innov8ive Property Management Ltd Health Check

Pomanda's financial health check has awarded Innov8Ive Property Management Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £4k, make it smaller than the average company (£922k)

£4k - Innov8ive Property Management Ltd

£922k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (4.9%)

-4% - Innov8ive Property Management Ltd

4.9% - Industry AVG

production

Production

with a gross margin of 75.3%, this company has a comparable cost of product (75.3%)

75.3% - Innov8ive Property Management Ltd

75.3% - Industry AVG

profitability

Profitability

an operating margin of 1272.1% make it more profitable than the average company (29.3%)

1272.1% - Innov8ive Property Management Ltd

29.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Innov8ive Property Management Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)

£32.3k - Innov8ive Property Management Ltd

£32.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £4k, this is less efficient (£177k)

£4k - Innov8ive Property Management Ltd

£177k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Innov8ive Property Management Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 626 days, this is slower than average (38 days)

626 days - Innov8ive Property Management Ltd

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Innov8ive Property Management Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 57 weeks, this is more cash available to meet short term requirements (11 weeks)

57 weeks - Innov8ive Property Management Ltd

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 91%, this is a higher level of debt than the average (64.6%)

91% - Innov8ive Property Management Ltd

64.6% - Industry AVG

INNOV8IVE PROPERTY MANAGEMENT LTD financials

EXPORTms excel logo

Innov8Ive Property Management Ltd's latest turnover from March 2024 is estimated at £4 thousand and the company has net assets of £10.8 thousand. According to their latest financial statements, we estimate that Innov8Ive Property Management Ltd has 1 employee and maintains cash reserves of £1.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Jan 2018
Turnover4,01210,0054,1074,5561,314,306
Other Income Or Grants
Cost Of Sales9912,5191,0251,135339,620
Gross Profit3,0217,4863,0823,421974,686
Admin Expenses-48,011-40,4803,2752,036990,62521,14230,510
Operating Profit51,03247,966-1931,385-15,939-21,142-30,510
Interest Payable77
Interest Receivable175125911164
Pre-Tax Profit51,20748,091-1841,385-15,938-21,133-30,513
Tax-12,802-9,137-263
Profit After Tax38,40538,954-1841,122-15,938-21,133-30,513
Dividends Paid
Retained Profit38,40538,954-1841,122-15,938-21,133-30,513
Employee Costs32,32230,37329,69326,885273,938
Number Of Employees111110
EBITDA*51,03247,966-1931,385-15,939-21,142-6,736

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Jan 2018
Tangible Assets118,650261,751391,525399,515407,669429,125451,711
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets118,650261,751391,525399,515407,669429,125451,711
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash1,8894,7791,1201,158362,7671,426
misc current assets
total current assets1,8894,7791,1201,158362,7671,426
total assets120,539266,530392,645400,673407,705431,892453,137
Bank overdraft
Bank loan
Trade Creditors 1,7014,1311,8302,174474,948
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities483,445483,445
total current liabilities1,7014,1311,8302,174474,948483,445483,445
loans205
hp & lease commitments
Accruals and Deferred Income
other liabilities108,025289,991457,361464,96134193
provisions
total long term liabilities108,025289,991457,361464,96134193205
total liabilities109,726294,122459,191467,135475,289483,538483,650
net assets10,813-27,592-66,546-66,462-67,584-51,646-30,513
total shareholders funds10,813-27,592-66,546-66,462-67,584-51,646-30,513
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Jan 2018
Operating Activities
Operating Profit51,03247,966-1931,385-15,939-21,142-30,510
Depreciation23,774
Amortisation
Tax-12,802-9,137-263
Stock
Debtors
Creditors-2,4302,301-344-472,774474,948
Accruals and Deferred Income-483,445483,445
Deferred Taxes & Provisions
Cash flow from operations35,80041,130-537-471,652-24,436-21,142476,709
Investing Activities
capital expenditure143,101129,7747,9908,15421,45622,586-475,485
Change in Investments
cash flow from investments143,101129,7747,9908,15421,45622,586-475,485
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-205205
Hire Purchase and Lease Commitments
other long term liabilities-181,966-167,370-7,600464,62024893
share issue100
interest1751259119-3
cash flow from financing-181,791-167,245-7,491464,621249-103202
cash and cash equivalents
cash-2,8903,659-381,122-2,7311,3411,426
overdraft
change in cash-2,8903,659-381,122-2,7311,3411,426

innov8ive property management ltd 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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Innov8ive Property Management Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for innov8ive property management ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in GL50 area or any other competitors across 12 key performance metrics.

innov8ive property management ltd Ownership

INNOV8IVE PROPERTY MANAGEMENT LTD group structure

Innov8Ive Property Management Ltd has no subsidiary companies.

Ultimate parent company

INNOV8IVE PROPERTY MANAGEMENT LTD

10572493

INNOV8IVE PROPERTY MANAGEMENT LTD Shareholders

alison humphries 50%
iain humphries 50%

innov8ive property management ltd directors

Innov8Ive Property Management Ltd currently has 2 directors. The longest serving directors include Mr Iain Humphries (Jan 2017) and Mrs Alison Humphries (Jan 2017).

officercountryagestartendrole
Mr Iain HumphriesEngland62 years Jan 2017- Director
Mrs Alison HumphriesUnited Kingdom60 years Jan 2017- Director

P&L

March 2024

turnover

4k

-60%

operating profit

51k

0%

gross margin

75.3%

+0.64%

turnover

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

Balance Sheet

March 2024

net assets

10.8k

-1.39%

total assets

120.5k

-0.55%

cash

1.9k

-0.6%

net assets

Total assets minus all liabilities

innov8ive property management ltd company details

company number

10572493

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

January 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

TAX COMPUTE LIMITED

auditor

-

address

107 promenade, cheltenham, GL50 1NW

Bank

-

Legal Advisor

-

innov8ive property management 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 innov8ive property management ltd.

innov8ive property management 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 INNOV8IVE PROPERTY MANAGEMENT LTD. This can take several minutes, an email will notify you when this has completed.

innov8ive property management ltd Companies House Filings - See Documents

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