paintworks apartments limited
paintworks apartments limited Company Information
Company Number
10754881
Next Accounts
1443 days late
Directors
Shareholders
michael douglas bennett
Group Structure
View All
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
10 st helens road, swansea, SA1 4AW
paintworks apartments limited Estimated Valuation
Pomanda estimates the enterprise value of PAINTWORKS APARTMENTS LIMITED at £471.5k based on a Turnover of £141.9k and 3.32x industry multiple (adjusted for size and gross margin).
paintworks apartments limited Estimated Valuation
Pomanda estimates the enterprise value of PAINTWORKS APARTMENTS LIMITED at £0 based on an EBITDA of £-2.7k and a 6.5x industry multiple (adjusted for size and gross margin).
paintworks apartments limited Estimated Valuation
Pomanda estimates the enterprise value of PAINTWORKS APARTMENTS LIMITED at £0 based on Net Assets of £-12.4k and 1.75x industry multiple (adjusted for liquidity).
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Paintworks Apartments Limited Overview
Paintworks Apartments Limited is a live company located in swansea, SA1 4AW with a Companies House number of 10754881. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 2017, it's largest shareholder is michael douglas bennett with a 100% stake. Paintworks Apartments Limited is a young, micro sized company, Pomanda has estimated its turnover at £141.9k with unknown growth in recent years.
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Paintworks Apartments Limited Health Check
Pomanda's financial health check has awarded Paintworks Apartments Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
5 Weak
Size
annual sales of £141.9k, make it smaller than the average company (£560.7k)
- Paintworks Apartments Limited
£560.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Paintworks Apartments Limited
- - Industry AVG
Production
with a gross margin of 73.4%, this company has a comparable cost of product (73.4%)
- Paintworks Apartments Limited
73.4% - Industry AVG
Profitability
an operating margin of -2% make it less profitable than the average company (46.2%)
- Paintworks Apartments Limited
46.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Paintworks Apartments Limited
4 - Industry AVG
Pay Structure
on an average salary of £27k, the company has an equivalent pay structure (£27k)
- Paintworks Apartments Limited
£27k - Industry AVG
Efficiency
resulting in sales per employee of £141.9k, this is equally as efficient (£141.9k)
- Paintworks Apartments Limited
£141.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Paintworks Apartments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Paintworks Apartments Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Paintworks Apartments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (13 weeks)
8 weeks - Paintworks Apartments Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 148.6%, this is a higher level of debt than the average (61.8%)
148.6% - Paintworks Apartments Limited
61.8% - Industry AVG
PAINTWORKS APARTMENTS LIMITED financials
Paintworks Apartments Limited's latest turnover from March 2019 is estimated at £141.9 thousand and the company has net assets of -£12.4 thousand. According to their latest financial statements, Paintworks Apartments Limited has 1 employee and maintains cash reserves of £3.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | |
|---|---|---|
| Tangible Assets | 156 | 281 |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 156 | 281 |
| Stock & work in progress | ||
| Trade Debtors | ||
| Group Debtors | ||
| Misc Debtors | 21,665 | 1 |
| Cash | 3,695 | 12,984 |
| misc current assets | ||
| total current assets | 25,360 | 12,985 |
| total assets | 25,516 | 13,266 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | ||
| Group/Directors Accounts | 15,266 | |
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 22,138 | 7,693 |
| total current liabilities | 22,138 | 22,959 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | 15,786 | |
| provisions | ||
| total long term liabilities | 15,786 | |
| total liabilities | 37,924 | 22,959 |
| net assets | -12,408 | -9,693 |
| total shareholders funds | -12,408 | -9,693 |
| Mar 2019 | Mar 2018 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 125 | 94 |
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 21,664 | 1 |
| Creditors | ||
| Accruals and Deferred Income | 14,445 | 7,693 |
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | -15,266 | 15,266 |
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | 15,786 | |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -9,289 | 12,984 |
| overdraft | ||
| change in cash | -9,289 | 12,984 |
paintworks apartments limited Credit Report and Business Information
Paintworks Apartments Limited Competitor Analysis
Perform a competitor analysis for paintworks apartments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SA1 area or any other competitors across 12 key performance metrics.
paintworks apartments limited Ownership
PAINTWORKS APARTMENTS LIMITED group structure
Paintworks Apartments Limited has no subsidiary companies.
Ultimate parent company
PAINTWORKS APARTMENTS LIMITED
10754881
paintworks apartments limited directors
Paintworks Apartments Limited currently has 1 director, Mr Michael Bennett serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Bennett | United Kingdom | 50 years | May 2017 | - | Director |
P&L
March 2019turnover
141.9k
+11%
operating profit
-2.8k
0%
gross margin
73.4%
-2.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
-12.4k
+0.28%
total assets
25.5k
+0.92%
cash
3.7k
-0.72%
net assets
Total assets minus all liabilities
paintworks apartments limited company details
company number
10754881
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
May 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2019
previous names
N/A
accountant
BURNSIDE
auditor
-
address
10 st helens road, swansea, SA1 4AW
Bank
-
Legal Advisor
-
paintworks apartments 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 did not find charges/mortgages relating to paintworks apartments limited.
paintworks apartments 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.
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paintworks apartments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
