fortune house property ltd
fortune house property ltd Company Information
Company Number
10695048
Website
-Registered Address
chichester house, 91 moss lane east, manchester, M15 5GY
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
kingsgate real estate ltd 50%
mohammed baber majid 50%
fortune house property ltd Estimated Valuation
Pomanda estimates the enterprise value of FORTUNE HOUSE PROPERTY LTD at £0 based on a Turnover of £0 and 2.36x industry multiple (adjusted for size and gross margin).
fortune house property ltd Estimated Valuation
Pomanda estimates the enterprise value of FORTUNE HOUSE PROPERTY LTD at £3.5m based on an EBITDA of £560.4k and a 6.21x industry multiple (adjusted for size and gross margin).
fortune house property ltd Estimated Valuation
Pomanda estimates the enterprise value of FORTUNE HOUSE PROPERTY LTD at £623.3k based on Net Assets of £427.5k and 1.46x industry multiple (adjusted for liquidity).
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Fortune House Property Ltd Overview
Fortune House Property Ltd is a live company located in manchester, M15 5GY with a Companies House number of 10695048. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2017, it's largest shareholder is kingsgate real estate ltd with a 50% stake. Fortune House Property Ltd is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Fortune House Property Ltd Health Check
Pomanda's financial health check has awarded Fortune House Property Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 0 areas for improvement. Company Health Check FAQs
2 Strong
0 Regular
0 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Fortune House Property Ltd
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Fortune House Property Ltd
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- Fortune House Property Ltd
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Fortune House Property Ltd
- - Industry AVG
Employees
There is insufficient data available for this Key Performance Indicator!
- - Fortune House Property Ltd
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Fortune House Property Ltd
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Fortune House Property Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Fortune House Property Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fortune House Property Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 202 weeks, this is more cash available to meet short term requirements (8 weeks)
- - Fortune House Property Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.1%, this is a lower level of debt than the average (63.6%)
- - Fortune House Property Ltd
- - Industry AVG
FORTUNE HOUSE PROPERTY LTD financials
Fortune House Property Ltd's latest turnover from March 2023 is estimated at 0 and the company has net assets of £427.5 thousand. According to their latest financial statements, we estimate that Fortune House Property Ltd has no employees and maintains cash reserves of £392.6 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 602,257 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 100 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 136,000 | 2,931 | 0 | 0 | 0 | 0 |
| Cash | 392,581 | 9,491 | 100 | 100 | 100 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 528,581 | 614,679 | 100 | 100 | 100 | 100 |
| total assets | 528,581 | 614,679 | 100 | 100 | 100 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 17,641 | 0 | 0 | 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 | 101,059 | 800 | 0 | 0 | 0 | 0 |
| total current liabilities | 101,059 | 18,441 | 0 | 0 | 0 | 0 |
| loans | 0 | 604,500 | 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 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 604,500 | 0 | 0 | 0 | 0 |
| total liabilities | 101,059 | 622,941 | 0 | 0 | 0 | 0 |
| net assets | 427,522 | -8,262 | 100 | 100 | 100 | 100 |
| total shareholders funds | 427,522 | -8,262 | 100 | 100 | 100 | 100 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | -602,257 | 602,257 | 0 | 0 | 0 | 0 |
| Debtors | 133,069 | 2,931 | 0 | 0 | -100 | 100 |
| Creditors | -17,641 | 17,641 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 100,259 | 800 | 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 | -604,500 | 604,500 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 383,090 | 9,391 | 0 | 0 | 100 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 383,090 | 9,391 | 0 | 0 | 100 | 0 |
fortune house property ltd Credit Report and Business Information
Fortune House Property Ltd Competitor Analysis
Perform a competitor analysis for fortune house property ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other young companies, companies in M15 area or any other competitors across 12 key performance metrics.
fortune house property ltd Ownership
FORTUNE HOUSE PROPERTY LTD group structure
Fortune House Property Ltd has no subsidiary companies.
Ultimate parent company
FORTUNE HOUSE PROPERTY LTD
10695048
fortune house property ltd directors
Fortune House Property Ltd currently has 2 directors. The longest serving directors include Mr Jeff Pike (Mar 2017) and Mr Muhammad Kamil (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeff Pike | England | 44 years | Mar 2017 | - | Director |
| Mr Muhammad Kamil | United Kingdom | 33 years | Mar 2023 | - | Director |
P&L
March 2023turnover
0
-100%
operating profit
560.4k
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
427.5k
-52.75%
total assets
528.6k
-0.14%
cash
392.6k
+40.36%
net assets
Total assets minus all liabilities
Similar Companies
fortune house property ltd company details
company number
10695048
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
March 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
DBF ASSOCIATES
auditor
-
address
chichester house, 91 moss lane east, manchester, M15 5GY
Bank
-
Legal Advisor
-
fortune house property 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 fortune house property ltd.
fortune house property ltd Companies House Filings - See Documents
| date | description | view/download |
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