belgrave property lettings ltd
belgrave property lettings ltd Company Information
Company Number
10890422
Website
belgraveproperty.comRegistered Address
23 wembury drive, torquay, TQ2 8DT
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
Telephone
447789498321
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
joanne gough 100%
belgrave property lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of BELGRAVE PROPERTY LETTINGS LTD at £2.2m based on a Turnover of £1.2m and 1.86x industry multiple (adjusted for size and gross margin).
belgrave property lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of BELGRAVE PROPERTY LETTINGS LTD at £142.1k based on an EBITDA of £29k and a 4.9x industry multiple (adjusted for size and gross margin).
belgrave property lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of BELGRAVE PROPERTY LETTINGS LTD at £550.5k based on Net Assets of £333.3k and 1.65x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Belgrave Property Lettings Ltd Overview
Belgrave Property Lettings Ltd is a live company located in torquay, TQ2 8DT with a Companies House number of 10890422. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2017, it's largest shareholder is joanne gough with a 100% stake. Belgrave Property Lettings Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.2m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Belgrave Property Lettings Ltd Health Check
Pomanda's financial health check has awarded Belgrave Property Lettings Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.2m, make it in line with the average company (£1.1m)
- Belgrave Property Lettings Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (4%)
- Belgrave Property Lettings Ltd
4% - Industry AVG
Production
with a gross margin of 22.6%, this company has a higher cost of product (60%)
- Belgrave Property Lettings Ltd
60% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (17.2%)
- Belgrave Property Lettings Ltd
17.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (8)
- Belgrave Property Lettings Ltd
8 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
- Belgrave Property Lettings Ltd
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £291.8k, this is more efficient (£151.1k)
- Belgrave Property Lettings Ltd
£151.1k - Industry AVG
Debtor Days
it gets paid by customers after 112 days, this is later than average (32 days)
- Belgrave Property Lettings Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (32 days)
- Belgrave Property Lettings Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Belgrave Property Lettings Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Belgrave Property Lettings Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.7%, this is a lower level of debt than the average (74.5%)
8.7% - Belgrave Property Lettings Ltd
74.5% - Industry AVG
BELGRAVE PROPERTY LETTINGS LTD financials
Belgrave Property Lettings Ltd's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of £333.3 thousand. According to their latest financial statements, we estimate that Belgrave Property Lettings Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 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
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 4,226 | 1,302 | 1,627 | 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 | 4,226 | 1,302 | 1,627 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 360,891 | 360,321 | 310,149 | 254,650 | 141,112 | 78,454 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 360,891 | 360,321 | 310,149 | 254,650 | 141,112 | 78,454 |
| total assets | 365,117 | 361,623 | 311,776 | 254,650 | 141,112 | 78,454 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 18,119 | 26,385 | 26,248 | 22,581 | 17,507 | 16,061 |
| 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 | 18,119 | 26,385 | 26,248 | 22,581 | 17,507 | 16,061 |
| 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 | 13,666 | 23,666 | 33,666 | 43,800 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 13,666 | 23,666 | 33,666 | 43,800 | 0 | 0 |
| total liabilities | 31,785 | 50,051 | 59,914 | 66,381 | 17,507 | 16,061 |
| net assets | 333,332 | 311,572 | 251,862 | 188,269 | 123,605 | 62,393 |
| total shareholders funds | 333,332 | 311,572 | 251,862 | 188,269 | 123,605 | 62,393 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | ||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 570 | 50,172 | 55,499 | 113,538 | 62,658 | 78,454 |
| Creditors | -8,266 | 137 | 3,667 | 5,074 | 1,446 | 16,061 |
| 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 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -10,000 | -10,000 | -10,134 | 43,800 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
belgrave property lettings ltd Credit Report and Business Information
Belgrave Property Lettings Ltd Competitor Analysis
Perform a competitor analysis for belgrave property lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in TQ2 area or any other competitors across 12 key performance metrics.
belgrave property lettings ltd Ownership
BELGRAVE PROPERTY LETTINGS LTD group structure
Belgrave Property Lettings Ltd has no subsidiary companies.
Ultimate parent company
BELGRAVE PROPERTY LETTINGS LTD
10890422
belgrave property lettings ltd directors
Belgrave Property Lettings Ltd currently has 2 directors. The longest serving directors include Mr Lee Gough (Jul 2017) and Mrs Joanne Gough (Jul 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lee Gough | England | 56 years | Jul 2017 | - | Director |
| Mrs Joanne Gough | England | 55 years | Jul 2017 | - | Director |
P&L
December 2023turnover
1.2m
+6%
operating profit
29k
0%
gross margin
22.7%
+27.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
333.3k
+0.07%
total assets
365.1k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
belgrave property lettings ltd company details
company number
10890422
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.
68320 - Management of real estate on a fee or contract basis
incorporation date
July 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2023
address
23 wembury drive, torquay, TQ2 8DT
accountant
THE HAY GROUP
auditor
-
belgrave property lettings 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 belgrave property lettings ltd.
belgrave property lettings ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
