propeasy ltd

2.5

propeasy ltd Company Information

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Company Number

10668623

Registered Address

90 walworth road, london, SE1 6SW

Industry

Buying and selling of own real estate

 

Telephone

-

Next Accounts Due

January 2025

Group Structure

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Directors

Mark Croston7 Years

Shareholders

mark croston 100%

propeasy ltd Estimated Valuation

£595.8k

Pomanda estimates the enterprise value of PROPEASY LTD at £595.8k based on a Turnover of £359.4k and 1.66x industry multiple (adjusted for size and gross margin).

propeasy ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PROPEASY LTD at £0 based on an EBITDA of £-15.5k and a 4.08x industry multiple (adjusted for size and gross margin).

propeasy ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PROPEASY LTD at £0 based on Net Assets of £-66.2k and 1.23x industry multiple (adjusted for liquidity).

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Propeasy Ltd Overview

Propeasy Ltd is a live company located in london, SE1 6SW with a Companies House number of 10668623. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2017, it's largest shareholder is mark croston with a 100% stake. Propeasy Ltd is a young, micro sized company, Pomanda has estimated its turnover at £359.4k with healthy growth in recent years.

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Propeasy Ltd Health Check

Pomanda's financial health check has awarded Propeasy Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £359.4k, make it smaller than the average company (£857.7k)

£359.4k - Propeasy Ltd

£857.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (2.1%)

4% - Propeasy Ltd

2.1% - Industry AVG

production

Production

with a gross margin of 26.6%, this company has a higher cost of product (68.8%)

26.6% - Propeasy Ltd

68.8% - Industry AVG

profitability

Profitability

an operating margin of -4.3% make it less profitable than the average company (31.7%)

-4.3% - Propeasy Ltd

31.7% - Industry AVG

employees

Employees

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

1 - Propeasy Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)

£36.9k - Propeasy Ltd

£36.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £359.4k, this is more efficient (£196k)

£359.4k - Propeasy Ltd

£196k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 77 days, this is later than average (26 days)

77 days - Propeasy Ltd

26 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 671 days, this is slower than average (30 days)

671 days - Propeasy Ltd

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Propeasy Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Propeasy Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 101.3%, this is a higher level of debt than the average (64.1%)

101.3% - Propeasy Ltd

64.1% - Industry AVG

PROPEASY LTD financials

EXPORTms excel logo

Propeasy Ltd's latest turnover from April 2023 is estimated at £359.4 thousand and the company has net assets of -£66.2 thousand. According to their latest financial statements, Propeasy Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Turnover359,412386,645323,766319,013123,053110,884
Other Income Or Grants000000
Cost Of Sales263,850278,523246,369251,55292,26283,275
Gross Profit95,563108,12277,39767,46130,79027,610
Admin Expenses111,10750,532112,554135,00911,45437,845
Operating Profit-15,54457,590-35,157-67,54819,336-10,235
Interest Payable000000
Interest Receivable000000
Pre-Tax Profit-15,54457,590-35,157-67,54819,336-10,235
Tax0-10,94200-3,6740
Profit After Tax-15,54446,648-35,157-67,54815,662-10,235
Dividends Paid000000
Retained Profit-15,54446,648-35,157-67,54815,662-10,235
Employee Costs36,89336,49735,87140,39538,84437,075
Number Of Employees111111
EBITDA*-15,54457,590-35,157-67,54819,336-10,235

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Tangible Assets4,943,4073,036,1282,643,8902,324,9301,612,9461,261,252
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets4,943,4073,036,1282,643,8902,324,9301,612,9461,261,252
Stock & work in progress000000
Trade Debtors76,476108,23796,47081,6685,9323,294
Group Debtors000000
Misc Debtors23,28300000
Cash000000
misc current assets000000
total current assets99,759108,23796,47081,6685,9323,294
total assets5,043,1663,144,3652,740,3602,406,5981,618,8781,264,546
Bank overdraft000000
Bank loan000000
Trade Creditors 485,110458,108371,597417,166409,338351,411
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities000000
total current liabilities485,110458,108371,597417,166409,338351,411
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities4,624,2302,736,8872,466,0412,051,5531,204,113923,370
provisions000000
total long term liabilities4,624,2302,736,8872,466,0412,051,5531,204,113923,370
total liabilities5,109,3403,194,9952,837,6382,468,7191,613,4511,274,781
net assets-66,174-50,630-97,278-62,1215,427-10,235
total shareholders funds-66,174-50,630-97,278-62,1215,427-10,235
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Operating Activities
Operating Profit-15,54457,590-35,157-67,54819,336-10,235
Depreciation000000
Amortisation000000
Tax0-10,94200-3,6740
Stock000000
Debtors-8,47811,76714,80275,7362,6383,294
Creditors27,00286,511-45,5697,82857,927351,411
Accruals and Deferred Income000000
Deferred Taxes & Provisions000000
Cash flow from operations19,936121,392-95,528-135,45670,951337,882
Investing Activities
capital expenditure-1,907,279-392,238-318,960-711,984-351,694-1,261,252
Change in Investments000000
cash flow from investments-1,907,279-392,238-318,960-711,984-351,694-1,261,252
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities1,887,343270,846414,488847,440280,743923,370
share issue000000
interest000000
cash flow from financing1,887,343270,846414,488847,440280,743923,370
cash and cash equivalents
cash000000
overdraft000000
change in cash000000

propeasy 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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Propeasy Ltd Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for propeasy ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SE1 area or any other competitors across 12 key performance metrics.

propeasy ltd Ownership

PROPEASY LTD group structure

Propeasy Ltd has no subsidiary companies.

Ultimate parent company

PROPEASY LTD

10668623

PROPEASY LTD Shareholders

mark croston 100%

propeasy ltd directors

Propeasy Ltd currently has 1 director, Mr Mark Croston serving since Mar 2017.

officercountryagestartendrole
Mr Mark Croston50 years Mar 2017- Director

P&L

April 2023

turnover

359.4k

-7%

operating profit

-15.5k

0%

gross margin

26.6%

-4.92%

turnover

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

Balance Sheet

April 2023

net assets

-66.2k

+0.31%

total assets

5m

+0.6%

cash

0

0%

net assets

Total assets minus all liabilities

propeasy ltd company details

company number

10668623

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

March 2017

age

7

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

April 2023

address

90 walworth road, london, SE1 6SW

accountant

-

auditor

-

propeasy 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 36 charges/mortgages relating to propeasy ltd. Currently there are 28 open charges and 8 have been satisfied in the past.

charges

propeasy ltd Companies House Filings - See Documents

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