acquest estates ltd
acquest estates ltd Company Information
Company Number
10615034
Website
-Registered Address
upper floor lynx house, ferndown, northwood hills, middlesex, HA6 1PQ
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
December 2024
Group Structure
View All
Shareholders
ciro di palma 33.3%
tuck & ju may chin 33.3%
View Allacquest estates ltd Estimated Valuation
Pomanda estimates the enterprise value of ACQUEST ESTATES LTD at £1.6m based on a Turnover of £556.6k and 2.85x industry multiple (adjusted for size and gross margin).
acquest estates ltd Estimated Valuation
Pomanda estimates the enterprise value of ACQUEST ESTATES LTD at £2m based on an EBITDA of £305.7k and a 6.54x industry multiple (adjusted for size and gross margin).
acquest estates ltd Estimated Valuation
Pomanda estimates the enterprise value of ACQUEST ESTATES LTD at £1.4m based on Net Assets of £901.3k and 1.53x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Acquest Estates Ltd Overview
Acquest Estates Ltd is a live company located in northwood hills, HA6 1PQ with a Companies House number of 10615034. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2017, it's largest shareholder is ciro di palma with a 33.3% stake. Acquest Estates Ltd is a young, small sized company, Pomanda has estimated its turnover at £556.6k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Acquest Estates Ltd Health Check
Pomanda's financial health check has awarded Acquest Estates Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £556.6k, make it smaller than the average company (£852.6k)
- Acquest Estates Ltd
£852.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -44%, show it is growing at a slower rate (2%)
- Acquest Estates Ltd
2% - Industry AVG
Production
with a gross margin of 70.7%, this company has a comparable cost of product (70.7%)
- Acquest Estates Ltd
70.7% - Industry AVG
Profitability
an operating margin of 54.9% make it more profitable than the average company (36%)
- Acquest Estates Ltd
36% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Acquest Estates Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)
- Acquest Estates Ltd
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £185.5k, this is equally as efficient (£185.5k)
- Acquest Estates Ltd
£185.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Acquest Estates Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Acquest Estates Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Acquest Estates Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (12 weeks)
21 weeks - Acquest Estates Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.4%, this is a higher level of debt than the average (63.2%)
80.4% - Acquest Estates Ltd
63.2% - Industry AVG
ACQUEST ESTATES LTD financials
Acquest Estates Ltd's latest turnover from March 2023 is estimated at £556.6 thousand and the company has net assets of £901.3 thousand. According to their latest financial statements, Acquest Estates Ltd has 3 employees and maintains cash reserves of £269.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 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 | 3 | 2 | 3 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 2,147,551 | 1,489,418 | 1,445,974 | 1,167,791 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,295,750 | 3,058,357 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,295,750 | 3,058,357 | 2,147,551 | 1,489,418 | 1,445,974 | 1,167,791 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 33,520 | 403,354 | 42,027 | 52,127 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 37,827 | 22,444 | 1,365 | 0 | 0 | 0 |
| Cash | 269,348 | 21,041 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 307,175 | 43,485 | 34,885 | 403,354 | 42,027 | 52,127 |
| total assets | 4,602,925 | 3,101,842 | 2,182,436 | 1,892,772 | 1,488,001 | 1,219,918 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 941,524 | 667,034 | 771,237 | 502,257 |
| Group/Directors Accounts | 213,160 | 213,160 | 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 | 436,935 | 451,917 | 0 | 0 | 0 | 0 |
| total current liabilities | 650,095 | 665,077 | 941,524 | 667,034 | 771,237 | 502,257 |
| loans | 2,770,420 | 2,416,045 | 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 | 0 | 0 | 1,248,148 | 1,248,148 | 720,000 | 720,000 |
| provisions | 281,090 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,051,510 | 2,416,045 | 1,248,148 | 1,248,148 | 720,000 | 720,000 |
| total liabilities | 3,701,605 | 3,081,122 | 2,189,672 | 1,915,182 | 1,491,237 | 1,222,257 |
| net assets | 901,320 | 20,720 | -7,236 | -22,410 | -3,236 | -2,339 |
| total shareholders funds | 901,320 | 20,720 | -7,236 | -22,410 | -3,236 | -2,339 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | ||||
| Amortisation | 0 | 0 | ||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 15,383 | -12,441 | -368,469 | 361,327 | -10,100 | 52,127 |
| Creditors | 0 | -941,524 | 274,490 | -104,203 | 268,980 | 502,257 |
| Accruals and Deferred Income | -14,982 | 451,917 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 281,090 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 1,237,393 | 3,058,357 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 213,160 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 354,375 | 2,416,045 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -1,248,148 | 0 | 528,148 | 0 | 720,000 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 248,307 | 21,041 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 248,307 | 21,041 | 0 | 0 | 0 | 0 |
acquest estates ltd Credit Report and Business Information
Acquest Estates Ltd Competitor Analysis
Perform a competitor analysis for acquest estates ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in HA6 area or any other competitors across 12 key performance metrics.
acquest estates ltd Ownership
ACQUEST ESTATES LTD group structure
Acquest Estates Ltd has no subsidiary companies.
Ultimate parent company
ACQUEST ESTATES LTD
10615034
acquest estates ltd directors
Acquest Estates Ltd currently has 2 directors. The longest serving directors include Mr Giovanni Di Palma (Feb 2017) and Mr Ciro Palma (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Giovanni Di Palma | United Kingdom | 52 years | Feb 2017 | - | Director |
| Mr Ciro Palma | United Kingdom | 57 years | Mar 2017 | - | Director |
P&L
March 2023turnover
556.6k
+59%
operating profit
305.7k
0%
gross margin
70.7%
+0.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
901.3k
+42.5%
total assets
4.6m
+0.48%
cash
269.3k
+11.8%
net assets
Total assets minus all liabilities
acquest estates ltd company details
company number
10615034
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
February 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
upper floor lynx house, ferndown, northwood hills, middlesex, HA6 1PQ
accountant
-
auditor
-
acquest estates 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 found 14 charges/mortgages relating to acquest estates ltd. Currently there are 9 open charges and 5 have been satisfied in the past.
acquest estates ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
