forest gate properties ltd
forest gate properties ltd Company Information
Company Number
10782951
Next Accounts
Feb 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Management of real estate on a fee or contract basis
Directors
Shareholders
karisma patel
Group Structure
View All
Contact
Registered Address
c/o whitmore law, 10 cameron road, ilford, IG3 8LA
Website
-forest gate properties ltd Estimated Valuation
Pomanda estimates the enterprise value of FOREST GATE PROPERTIES LTD at £18.2k based on a Turnover of £6.3k and 2.91x industry multiple (adjusted for size and gross margin).
forest gate properties ltd Estimated Valuation
Pomanda estimates the enterprise value of FOREST GATE PROPERTIES LTD at £200.2k based on an EBITDA of £28.7k and a 6.97x industry multiple (adjusted for size and gross margin).
forest gate properties ltd Estimated Valuation
Pomanda estimates the enterprise value of FOREST GATE PROPERTIES LTD at £21.2k based on Net Assets of £12.4k and 1.71x industry multiple (adjusted for liquidity).
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Forest Gate Properties Ltd Overview
Forest Gate Properties Ltd is a live company located in ilford, IG3 8LA with a Companies House number of 10782951. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2017, it's largest shareholder is karisma patel with a 100% stake. Forest Gate Properties Ltd is a young, micro sized company, Pomanda has estimated its turnover at £6.3k with unknown growth in recent years.
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Forest Gate Properties Ltd Health Check
Pomanda's financial health check has awarded Forest Gate Properties Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £6.3k, make it smaller than the average company (£672.6k)
- Forest Gate Properties Ltd
£672.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Forest Gate Properties Ltd
- - Industry AVG
Production
with a gross margin of 70.9%, this company has a comparable cost of product (70.9%)
- Forest Gate Properties Ltd
70.9% - Industry AVG
Profitability
an operating margin of 458.6% make it more profitable than the average company (21.5%)
- Forest Gate Properties Ltd
21.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Forest Gate Properties Ltd
4 - Industry AVG
Pay Structure
on an average salary of £35.8k, the company has an equivalent pay structure (£35.8k)
- Forest Gate Properties Ltd
£35.8k - Industry AVG
Efficiency
resulting in sales per employee of £6.3k, this is less efficient (£155.3k)
- Forest Gate Properties Ltd
£155.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Forest Gate Properties Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 398 days, this is slower than average (33 days)
- Forest Gate Properties Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Forest Gate Properties Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (24 weeks)
12 weeks - Forest Gate Properties Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.5%, this is a higher level of debt than the average (61.7%)
96.5% - Forest Gate Properties Ltd
61.7% - Industry AVG
FOREST GATE PROPERTIES LTD financials
Forest Gate Properties Ltd's latest turnover from May 2023 is estimated at £6.3 thousand and the company has net assets of £12.4 thousand. According to their latest financial statements, we estimate that Forest Gate Properties Ltd has 1 employee and maintains cash reserves of £45.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 312,500 | 200,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 312,500 | 312,500 | 312,500 | 312,500 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 312,500 | 312,500 | 312,500 | 312,500 | 312,500 | 200,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 2,251 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 45,176 | 47,995 | 50,182 | 13,313 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 45,176 | 47,995 | 50,182 | 13,313 | 2,251 | 0 |
| total assets | 357,676 | 360,495 | 362,682 | 325,813 | 314,751 | 200,000 |
| Bank overdraft | 187,091 | 157,139 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,992 | 1,656 | 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 | 1,569 | 1,569 | 2,343 | 0 | 0 | 0 |
| total current liabilities | 190,652 | 160,364 | 2,343 | 0 | 0 | 0 |
| loans | 154,640 | 182,760 | 349,660 | 316,660 | 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 | 313,000 | 200,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 154,640 | 182,760 | 349,660 | 316,660 | 313,000 | 200,000 |
| total liabilities | 345,292 | 343,124 | 352,003 | 316,660 | 313,000 | 200,000 |
| net assets | 12,384 | 17,371 | 10,679 | 9,153 | 1,751 | 0 |
| total shareholders funds | 12,384 | 17,371 | 10,679 | 9,153 | 1,751 | 0 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | ||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | -2,251 | 2,251 | 0 |
| Creditors | 336 | 1,656 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | -774 | 2,343 | 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 | 312,500 | 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 | -28,120 | -166,900 | 33,000 | 316,660 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -313,000 | 113,000 | 200,000 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -2,819 | -2,187 | 36,869 | 13,313 | 0 | 0 |
| overdraft | 29,952 | 157,139 | 0 | 0 | 0 | 0 |
| change in cash | -32,771 | -159,326 | 36,869 | 13,313 | 0 | 0 |
forest gate properties ltd Credit Report and Business Information
Forest Gate Properties Ltd Competitor Analysis
Perform a competitor analysis for forest gate properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in IG3 area or any other competitors across 12 key performance metrics.
forest gate properties ltd Ownership
FOREST GATE PROPERTIES LTD group structure
Forest Gate Properties Ltd has no subsidiary companies.
Ultimate parent company
FOREST GATE PROPERTIES LTD
10782951
forest gate properties ltd directors
Forest Gate Properties Ltd currently has 1 director, Ms Karisma Patel serving since Apr 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Karisma Patel | England | 47 years | Apr 2018 | - | Director |
P&L
May 2023turnover
6.3k
+36%
operating profit
28.7k
0%
gross margin
70.9%
-1.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
12.4k
-0.29%
total assets
357.7k
-0.01%
cash
45.2k
-0.06%
net assets
Total assets minus all liabilities
forest gate properties ltd company details
company number
10782951
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.
68320 - Management of real estate on a fee or contract basis
incorporation date
May 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
365rooms (notting hill) ltd (January 2019)
accountant
-
auditor
-
address
c/o whitmore law, 10 cameron road, ilford, IG3 8LA
Bank
-
Legal Advisor
-
forest gate properties 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 2 charges/mortgages relating to forest gate properties ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
forest gate properties ltd 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 FOREST GATE PROPERTIES LTD. This can take several minutes, an email will notify you when this has completed.
forest gate properties ltd Companies House Filings - See Documents
| date | description | view/download |
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