patten properties strand street ltd
patten properties strand street ltd Company Information
Company Number
10913429
Website
-Registered Address
1st floor cloister house, riverside, manchester, M3 5FS
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01618326660
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
neil patten 50%
susan patten 50%
patten properties strand street ltd Estimated Valuation
Pomanda estimates the enterprise value of PATTEN PROPERTIES STRAND STREET LTD at £94.2k based on a Turnover of £41.8k and 2.26x industry multiple (adjusted for size and gross margin).
patten properties strand street ltd Estimated Valuation
Pomanda estimates the enterprise value of PATTEN PROPERTIES STRAND STREET LTD at £0 based on an EBITDA of £-17.6k and a 4.77x industry multiple (adjusted for size and gross margin).
patten properties strand street ltd Estimated Valuation
Pomanda estimates the enterprise value of PATTEN PROPERTIES STRAND STREET LTD at £0 based on Net Assets of £-22.2k and 0.99x industry multiple (adjusted for liquidity).
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Patten Properties Strand Street Ltd Overview
Patten Properties Strand Street Ltd is a live company located in manchester, M3 5FS with a Companies House number of 10913429. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2017, it's largest shareholder is neil patten with a 50% stake. Patten Properties Strand Street Ltd is a young, micro sized company, Pomanda has estimated its turnover at £41.8k with high growth in recent years.
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Patten Properties Strand Street Ltd Health Check
Pomanda's financial health check has awarded Patten Properties Strand Street Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £41.8k, make it smaller than the average company (£836.3k)
- Patten Properties Strand Street Ltd
£836.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (2.4%)
- Patten Properties Strand Street Ltd
2.4% - Industry AVG
Production
with a gross margin of 28.6%, this company has a higher cost of product (72.5%)
- Patten Properties Strand Street Ltd
72.5% - Industry AVG
Profitability
an operating margin of -42.1% make it less profitable than the average company (26%)
- Patten Properties Strand Street Ltd
26% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Patten Properties Strand Street Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Patten Properties Strand Street Ltd
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £41.8k, this is less efficient (£181.7k)
- Patten Properties Strand Street Ltd
£181.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Patten Properties Strand Street Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 496 days, this is slower than average (35 days)
- Patten Properties Strand Street Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Patten Properties Strand Street Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Patten Properties Strand Street Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 220.9%, this is a higher level of debt than the average (68.2%)
220.9% - Patten Properties Strand Street Ltd
68.2% - Industry AVG
PATTEN PROPERTIES STRAND STREET LTD financials
Patten Properties Strand Street Ltd's latest turnover from July 2023 is estimated at £41.8 thousand and the company has net assets of -£22.2 thousand. According to their latest financial statements, we estimate that Patten Properties Strand Street Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 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
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 18,376 | 18,376 | 18,376 | 15,300 | 15,300 | 15,300 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2 | 2 | 2 | 2 | 2 | 2 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 18,378 | 18,378 | 18,378 | 15,302 | 15,302 | 15,302 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 3,540 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 3,540 | 0 | 0 | 0 | 0 |
| total assets | 18,378 | 21,918 | 18,378 | 15,302 | 15,302 | 15,302 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 40,597 | 26,570 | 21,654 | 17,815 | 17,058 | 16,356 |
| 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 | 40,597 | 26,570 | 21,654 | 17,815 | 17,058 | 16,356 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 40,597 | 26,570 | 21,654 | 17,815 | 17,058 | 16,356 |
| net assets | -22,219 | -4,652 | -3,276 | -2,513 | -1,756 | -1,054 |
| total shareholders funds | -22,219 | -4,652 | -3,276 | -2,513 | -1,756 | -1,054 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,540 | 3,540 | 0 | 0 | 0 | 0 |
| Creditors | 14,027 | 4,916 | 3,839 | 757 | 702 | 16,356 |
| 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 | 2 |
| 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 | 0 | 0 | 0 | 0 | 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 |
patten properties strand street ltd Credit Report and Business Information
Patten Properties Strand Street Ltd Competitor Analysis
Perform a competitor analysis for patten properties strand street ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M 3 area or any other competitors across 12 key performance metrics.
patten properties strand street ltd Ownership
PATTEN PROPERTIES STRAND STREET LTD group structure
Patten Properties Strand Street Ltd has no subsidiary companies.
Ultimate parent company
PATTEN PROPERTIES STRAND STREET LTD
10913429
patten properties strand street ltd directors
Patten Properties Strand Street Ltd currently has 2 directors. The longest serving directors include Mr Neil Patten (Aug 2017) and Miss Susan Patten (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Patten | England | 54 years | Aug 2017 | - | Director |
| Miss Susan Patten | England | 52 years | Aug 2017 | - | Director |
P&L
July 2023turnover
41.8k
+40%
operating profit
-17.6k
0%
gross margin
28.6%
+5.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-22.2k
+3.78%
total assets
18.4k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
patten properties strand street ltd company details
company number
10913429
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
August 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
1st floor cloister house, riverside, manchester, M3 5FS
accountant
-
auditor
-
patten properties strand street 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 patten properties strand street ltd.
patten properties strand street ltd Companies House Filings - See Documents
| date | description | view/download |
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