first time property solutions limited Company Information
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
27 old gloucester street, london, WC1N 3AX
Website
ft-property.comfirst time property solutions limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST TIME PROPERTY SOLUTIONS LIMITED at £104.6k based on a Turnover of £50.4k and 2.08x industry multiple (adjusted for size and gross margin).
first time property solutions limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST TIME PROPERTY SOLUTIONS LIMITED at £0 based on an EBITDA of £-10.9k and a 4.45x industry multiple (adjusted for size and gross margin).
first time property solutions limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST TIME PROPERTY SOLUTIONS LIMITED at £0 based on Net Assets of £-120.9k and 1.58x industry multiple (adjusted for liquidity).
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First Time Property Solutions Limited Overview
First Time Property Solutions Limited is a live company located in london, WC1N 3AX with a Companies House number of 10763571. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2017, it's largest shareholder is gavin bateman with a 100% stake. First Time Property Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £50.4k with high growth in recent years.
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First Time Property Solutions Limited Health Check
Pomanda's financial health check has awarded First Time Property Solutions Limited a 2 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


3 Strong

1 Regular

6 Weak

Size
annual sales of £50.4k, make it smaller than the average company (£801k)
- First Time Property Solutions Limited
£801k - Industry AVG

Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (3.3%)
- First Time Property Solutions Limited
3.3% - Industry AVG

Production
with a gross margin of 26.5%, this company has a higher cost of product (70.6%)
- First Time Property Solutions Limited
70.6% - Industry AVG

Profitability
an operating margin of -21.6% make it less profitable than the average company (24.7%)
- First Time Property Solutions Limited
24.7% - Industry AVG

Employees
with 1 employees, this is below the industry average (4)
- First Time Property Solutions Limited
4 - Industry AVG

Pay Structure
on an average salary of £39.6k, the company has an equivalent pay structure (£39.6k)
- First Time Property Solutions Limited
£39.6k - Industry AVG

Efficiency
resulting in sales per employee of £50.4k, this is less efficient (£176.9k)
- First Time Property Solutions Limited
£176.9k - Industry AVG

Debtor Days
it gets paid by customers after 4 days, this is earlier than average (24 days)
- First Time Property Solutions Limited
24 days - Industry AVG

Creditor Days
its suppliers are paid after 1351 days, this is slower than average (33 days)
- First Time Property Solutions Limited
33 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- First Time Property Solutions Limited
- - Industry AVG

Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - First Time Property Solutions Limited
- - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 727.5%, this is a higher level of debt than the average (64.6%)
727.5% - First Time Property Solutions Limited
64.6% - Industry AVG
FIRST TIME PROPERTY SOLUTIONS LIMITED financials

First Time Property Solutions Limited's latest turnover from May 2024 is estimated at £50.4 thousand and the company has net assets of -£120.9 thousand. According to their latest financial statements, we estimate that First Time Property Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 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 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 88 | 177 | 266 | ||||
Intangible Assets | |||||||
Investments & Other | |||||||
Debtors (Due After 1 year) | |||||||
Total Fixed Assets | 88 | 177 | 266 | ||||
Stock & work in progress | |||||||
Trade Debtors | 619 | 389 | 475 | 359 | 907 | ||
Group Debtors | |||||||
Misc Debtors | 18,640 | 8,640 | |||||
Cash | |||||||
misc current assets | |||||||
total current assets | 19,259 | 9,029 | 475 | 359 | 907 | ||
total assets | 19,259 | 9,029 | 475 | 359 | 995 | 177 | 266 |
Bank overdraft | |||||||
Bank loan | |||||||
Trade Creditors | 137,047 | 112,940 | 81,964 | 69,982 | 55,058 | 55,783 | 35,051 |
Group/Directors Accounts | |||||||
other short term finances | |||||||
hp & lease commitments | |||||||
other current liabilities | 50 | 146 | |||||
total current liabilities | 137,047 | 112,940 | 81,964 | 69,982 | 55,058 | 55,833 | 35,197 |
loans | |||||||
hp & lease commitments | |||||||
Accruals and Deferred Income | 2,272 | 2,915 | 2,914 | 2,794 | 2,628 | ||
other liabilities | 3,070 | 6,065 | 8,985 | 11,834 | 14,384 | ||
provisions | |||||||
total long term liabilities | 3,070 | 6,065 | 11,257 | 14,749 | 17,298 | 2,794 | 2,628 |
total liabilities | 140,117 | 119,005 | 93,221 | 84,731 | 72,356 | 58,627 | 37,825 |
net assets | -120,858 | -109,976 | -92,746 | -84,372 | -71,361 | -58,450 | -37,559 |
total shareholders funds | -120,858 | -109,976 | -92,746 | -84,372 | -71,361 | -58,450 | -37,559 |
May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | |||||||
Amortisation | |||||||
Tax | |||||||
Stock | |||||||
Debtors | 10,230 | 8,554 | 116 | -548 | 907 | ||
Creditors | 24,107 | 30,976 | 11,982 | 14,924 | -725 | 20,732 | 35,051 |
Accruals and Deferred Income | -2,272 | -643 | 1 | 70 | 70 | 2,774 | |
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 | |||||||
Other Short Term Loans | |||||||
Long term loans | |||||||
Hire Purchase and Lease Commitments | |||||||
other long term liabilities | -2,995 | -2,920 | -2,849 | -2,550 | 14,384 | ||
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | |||||||
overdraft | |||||||
change in cash |
first time property solutions limited Credit Report and Business Information
First Time Property Solutions Limited Competitor Analysis

Perform a competitor analysis for first time property solutions limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WC1N area or any other competitors across 12 key performance metrics.
first time property solutions limited Ownership
FIRST TIME PROPERTY SOLUTIONS LIMITED group structure
First Time Property Solutions Limited has no subsidiary companies.
Ultimate parent company
FIRST TIME PROPERTY SOLUTIONS LIMITED
10763571
first time property solutions limited directors
First Time Property Solutions Limited currently has 1 director, Mr Gavin Bateman serving since May 2017.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gavin Bateman | United Kingdom | 45 years | May 2017 | - | Director |
P&L
May 2024turnover
50.4k
+5%
operating profit
-10.9k
0%
gross margin
26.6%
+0.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
-120.9k
+0.1%
total assets
19.3k
+1.13%
cash
0
0%
net assets
Total assets minus all liabilities
first time property solutions limited company details
company number
10763571
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
May 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
FBD CONSULTANCY ACCOUNTS & TAX LTD
auditor
-
address
27 old gloucester street, london, WC1N 3AX
Bank
-
Legal Advisor
-
first time property solutions 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 2 charges/mortgages relating to first time property solutions limited. Currently there are 2 open charges and 0 have been satisfied in the past.
first time property solutions 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 FIRST TIME PROPERTY SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
first time property solutions limited Companies House Filings - See Documents
date | description | view/download |
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