bates real estates limited
bates real estates limited Company Information
Company Number
10813115
Website
-Registered Address
walkers house school road, rayne, braintree, CM77 6ST
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
barry fuller 50%
fuller christopher 50%
bates real estates limited Estimated Valuation
Pomanda estimates the enterprise value of BATES REAL ESTATES LIMITED at £25.8k based on a Turnover of £17.9k and 1.44x industry multiple (adjusted for size and gross margin).
bates real estates limited Estimated Valuation
Pomanda estimates the enterprise value of BATES REAL ESTATES LIMITED at £0 based on an EBITDA of £-1.7k and a 3.85x industry multiple (adjusted for size and gross margin).
bates real estates limited Estimated Valuation
Pomanda estimates the enterprise value of BATES REAL ESTATES LIMITED at £0 based on Net Assets of £-11.8k and 1.4x industry multiple (adjusted for liquidity).
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Bates Real Estates Limited Overview
Bates Real Estates Limited is a live company located in braintree, CM77 6ST with a Companies House number of 10813115. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 2017, it's largest shareholder is barry fuller with a 50% stake. Bates Real Estates Limited is a young, micro sized company, Pomanda has estimated its turnover at £17.9k with rapid growth in recent years.
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Bates Real Estates Limited Health Check
Pomanda's financial health check has awarded Bates Real Estates Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £17.9k, make it smaller than the average company (£877.5k)
- Bates Real Estates Limited
£877.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 233%, show it is growing at a faster rate (2.3%)
- Bates Real Estates Limited
2.3% - Industry AVG
Production
with a gross margin of 28.3%, this company has a higher cost of product (71.3%)
- Bates Real Estates Limited
71.3% - Industry AVG
Profitability
an operating margin of -53.4% make it less profitable than the average company (29.8%)
- Bates Real Estates Limited
29.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Bates Real Estates Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
- Bates Real Estates Limited
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £17.9k, this is less efficient (£186.2k)
- Bates Real Estates Limited
£186.2k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is later than average (25 days)
- Bates Real Estates Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 780 days, this is slower than average (32 days)
- Bates Real Estates Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bates Real Estates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is average cash available to meet short term requirements (10 weeks)
10 weeks - Bates Real Estates Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101%, this is a higher level of debt than the average (61.6%)
101% - Bates Real Estates Limited
61.6% - Industry AVG
BATES REAL ESTATES LIMITED financials
Bates Real Estates Limited's latest turnover from June 2023 is estimated at £17.9 thousand and the company has net assets of -£11.8 thousand. According to their latest financial statements, we estimate that Bates Real Estates Limited has 1 employee and maintains cash reserves of £5.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 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
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 23,580 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,123,541 | 1,016,345 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,147,121 | 1,016,345 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,100 | 100 | 100 | 100 | 100 | 100 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 5,730 | 31,277 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,830 | 31,377 | 100 | 100 | 100 | 100 |
| total assets | 1,154,951 | 1,047,722 | 100 | 100 | 100 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 27,490 | 1,220 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 27,490 | 1,220 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 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 | 1,139,264 | 1,049,658 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,139,264 | 1,049,658 | 0 | 0 | 0 | 0 |
| total liabilities | 1,166,754 | 1,050,878 | 0 | 0 | 0 | 0 |
| net assets | -11,803 | -3,156 | 100 | 100 | 100 | 100 |
| total shareholders funds | -11,803 | -3,156 | 100 | 100 | 100 | 100 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 7,860 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,000 | 0 | 0 | 0 | 0 | 100 |
| Creditors | 26,270 | 1,220 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 107,196 | 1,016,345 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 89,606 | 1,049,658 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -25,547 | 31,277 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -25,547 | 31,277 | 0 | 0 | 0 | 0 |
bates real estates limited Credit Report and Business Information
Bates Real Estates Limited Competitor Analysis
Perform a competitor analysis for bates real estates limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
bates real estates limited Ownership
BATES REAL ESTATES LIMITED group structure
Bates Real Estates Limited has no subsidiary companies.
Ultimate parent company
BATES REAL ESTATES LIMITED
10813115
bates real estates limited directors
Bates Real Estates Limited currently has 3 directors. The longest serving directors include Mr Christopher Fuller (Jun 2017) and Mr Christopher Fuller (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Fuller | United Kingdom | 61 years | Jun 2017 | - | Director |
| Mr Christopher Fuller | England | 61 years | Jun 2017 | - | Director |
| Mr Barry Fuller | England | 62 years | Jun 2017 | - | Director |
P&L
June 2023turnover
17.9k
+2353%
operating profit
-9.6k
0%
gross margin
28.3%
+0.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-11.8k
+2.74%
total assets
1.2m
+0.1%
cash
5.7k
-0.82%
net assets
Total assets minus all liabilities
Similar Companies
bates real estates limited company details
company number
10813115
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
June 2017
age
7
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
walkers house school road, rayne, braintree, CM77 6ST
last accounts submitted
June 2023
bates real estates 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 bates real estates limited. Currently there are 2 open charges and 0 have been satisfied in the past.
bates real estates limited Companies House Filings - See Documents
| date | description | view/download |
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