piggyback towngate mews limited
piggyback towngate mews limited Company Information
Company Number
10612554
Next Accounts
17 days late
Industry
Buying and selling of own real estate
Directors
Shareholders
peter robin whatmore
Group Structure
View All
Contact
Registered Address
128 city road, london, EC1V 2NX
Website
-piggyback towngate mews limited Estimated Valuation
Pomanda estimates the enterprise value of PIGGYBACK TOWNGATE MEWS LIMITED at £66k based on a Turnover of £32.3k and 2.04x industry multiple (adjusted for size and gross margin).
piggyback towngate mews limited Estimated Valuation
Pomanda estimates the enterprise value of PIGGYBACK TOWNGATE MEWS LIMITED at £5.9k based on an EBITDA of £1.4k and a 4.21x industry multiple (adjusted for size and gross margin).
piggyback towngate mews limited Estimated Valuation
Pomanda estimates the enterprise value of PIGGYBACK TOWNGATE MEWS LIMITED at £0 based on Net Assets of £-40.4k and 1.55x industry multiple (adjusted for liquidity).
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Piggyback Towngate Mews Limited Overview
Piggyback Towngate Mews Limited is a live company located in london, EC1V 2NX with a Companies House number of 10612554. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2017, it's largest shareholder is peter robin whatmore with a 100% stake. Piggyback Towngate Mews Limited is a young, micro sized company, Pomanda has estimated its turnover at £32.3k with declining growth in recent years.
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Piggyback Towngate Mews Limited Health Check
Pomanda's financial health check has awarded Piggyback Towngate Mews Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
9 Weak
Size
annual sales of £32.3k, make it smaller than the average company (£905.4k)
- Piggyback Towngate Mews Limited
£905.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -48%, show it is growing at a slower rate (2.1%)
- Piggyback Towngate Mews Limited
2.1% - Industry AVG
Production
with a gross margin of 26.4%, this company has a higher cost of product (66.5%)
- Piggyback Towngate Mews Limited
66.5% - Industry AVG
Profitability
an operating margin of 4.3% make it less profitable than the average company (35%)
- Piggyback Towngate Mews Limited
35% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Piggyback Towngate Mews Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)
- Piggyback Towngate Mews Limited
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £32.3k, this is less efficient (£199.8k)
- Piggyback Towngate Mews Limited
£199.8k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (26 days)
- Piggyback Towngate Mews Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (31 days)
- Piggyback Towngate Mews Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Piggyback Towngate Mews Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Piggyback Towngate Mews Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.5%, this is a higher level of debt than the average (63.7%)
104.5% - Piggyback Towngate Mews Limited
63.7% - Industry AVG
PIGGYBACK TOWNGATE MEWS LIMITED financials
Piggyback Towngate Mews Limited's latest turnover from March 2023 is estimated at £32.3 thousand and the company has net assets of -£40.4 thousand. According to their latest financial statements, Piggyback Towngate Mews Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 889,446 | 890,196 | 890,946 | 890,232 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 889,446 | 890,196 | 890,946 | 890,232 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,025 | 4,062 | 6,004 | 86,301 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 2,040 | 1,386 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,025 | 4,062 | 8,044 | 87,687 | 0 | 0 |
| total assets | 895,471 | 894,258 | 898,990 | 977,919 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 407 | 406 | 407 | 3,647 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 399 | 399 | 0 | 0 | 0 | 0 |
| total current liabilities | 806 | 805 | 407 | 3,647 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 935,089 | 935,014 | 935,014 | 1,022,985 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 935,089 | 935,014 | 935,014 | 1,022,985 | 0 | 0 |
| total liabilities | 935,895 | 935,819 | 935,421 | 1,026,632 | 0 | 0 |
| net assets | -40,424 | -41,561 | -36,431 | -48,713 | 0 | 0 |
| total shareholders funds | -40,424 | -41,561 | -36,431 | -48,713 | 0 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,963 | -3,982 | -79,643 | 87,687 | 0 | 0 |
| Creditors | 1 | -1 | -3,240 | 3,647 | 0 | 0 |
| Accruals and Deferred Income | 0 | 399 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 75 | 0 | -87,971 | 1,022,985 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
piggyback towngate mews limited Credit Report and Business Information
Piggyback Towngate Mews Limited Competitor Analysis
Perform a competitor analysis for piggyback towngate mews limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.
piggyback towngate mews limited Ownership
PIGGYBACK TOWNGATE MEWS LIMITED group structure
Piggyback Towngate Mews Limited has no subsidiary companies.
Ultimate parent company
PIGGYBACK TOWNGATE MEWS LIMITED
10612554
piggyback towngate mews limited directors
Piggyback Towngate Mews Limited currently has 1 director, Mr Peter Whatmore serving since Jan 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Whatmore | United Kingdom | 51 years | Jan 2020 | - | Director |
P&L
March 2023turnover
32.3k
+18%
operating profit
1.4k
0%
gross margin
26.5%
+2.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-40.4k
-0.03%
total assets
895.5k
0%
cash
0
0%
net assets
Total assets minus all liabilities
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piggyback towngate mews limited company details
company number
10612554
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
piggyback property nominee limited (April 2019)
accountant
SMART ACCOUNTING & FINANCE SERVICES LLP
auditor
-
address
128 city road, london, EC1V 2NX
Bank
-
Legal Advisor
-
piggyback towngate mews 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 3 charges/mortgages relating to piggyback towngate mews limited. Currently there are 3 open charges and 0 have been satisfied in the past.
piggyback towngate mews 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.
Click to start generating capital raising & share issue transactions for PIGGYBACK TOWNGATE MEWS LIMITED. This can take several minutes, an email will notify you when this has completed.
piggyback towngate mews limited Companies House Filings - See Documents
| date | description | view/download |
|---|
