2 victoria parade limited
2 victoria parade limited Company Information
Company Number
11017081
Website
-Registered Address
2 the links, herne bay, kent, CT6 7GQ
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
-
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
inderjeet singh toot 33.3%
pavitar singh toot 33.3%
View All2 victoria parade limited Estimated Valuation
Pomanda estimates the enterprise value of 2 VICTORIA PARADE LIMITED at £480.8k based on a Turnover of £209.9k and 2.29x industry multiple (adjusted for size and gross margin).
2 victoria parade limited Estimated Valuation
Pomanda estimates the enterprise value of 2 VICTORIA PARADE LIMITED at £78.3k based on an EBITDA of £16.2k and a 4.84x industry multiple (adjusted for size and gross margin).
2 victoria parade limited Estimated Valuation
Pomanda estimates the enterprise value of 2 VICTORIA PARADE LIMITED at £28.7k based on Net Assets of £29k and 0.99x industry multiple (adjusted for liquidity).
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2 Victoria Parade Limited Overview
2 Victoria Parade Limited is a live company located in kent, CT6 7GQ with a Companies House number of 11017081. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2017, it's largest shareholder is inderjeet singh toot with a 33.3% stake. 2 Victoria Parade Limited is a young, micro sized company, Pomanda has estimated its turnover at £209.9k with declining growth in recent years.
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2 Victoria Parade Limited Health Check
Pomanda's financial health check has awarded 2 Victoria Parade Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £209.9k, make it smaller than the average company (£863.9k)
- 2 Victoria Parade Limited
£863.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (2.9%)
- 2 Victoria Parade Limited
2.9% - Industry AVG
Production
with a gross margin of 30%, this company has a higher cost of product (73.2%)
- 2 Victoria Parade Limited
73.2% - Industry AVG
Profitability
an operating margin of 7.7% make it less profitable than the average company (27.1%)
- 2 Victoria Parade Limited
27.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - 2 Victoria Parade Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)
- 2 Victoria Parade Limited
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £209.9k, this is equally as efficient (£187.5k)
- 2 Victoria Parade Limited
£187.5k - Industry AVG
Debtor Days
it gets paid by customers after 119 days, this is later than average (31 days)
- 2 Victoria Parade Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 202 days, this is slower than average (36 days)
- 2 Victoria Parade Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 2 Victoria Parade Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 2 Victoria Parade Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.1%, this is a higher level of debt than the average (67.8%)
95.1% - 2 Victoria Parade Limited
67.8% - Industry AVG
2 VICTORIA PARADE LIMITED financials
2 Victoria Parade Limited's latest turnover from October 2023 is estimated at £209.9 thousand and the company has net assets of £29 thousand. According to their latest financial statements, 2 Victoria Parade Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 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 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 520,937 | 520,937 | 520,937 | 520,937 | 520,937 | 520,937 |
| 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 | 520,937 | 520,937 | 520,937 | 520,937 | 520,937 | 520,937 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 68,793 | 59,572 | 79,116 | 76,967 | 48,019 | 17,520 |
| 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 | 68,793 | 59,572 | 79,116 | 76,967 | 48,019 | 17,520 |
| total assets | 589,730 | 580,509 | 600,053 | 597,904 | 568,956 | 538,457 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 81,560 | 61,645 | 83,194 | 92,605 | 118,111 | 105,928 |
| 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 | 81,560 | 61,645 | 83,194 | 92,605 | 118,111 | 105,928 |
| 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 | 479,139 | 501,975 | 511,975 | 513,642 | 471,975 | 471,975 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 479,139 | 501,975 | 511,975 | 513,642 | 471,975 | 471,975 |
| total liabilities | 560,699 | 563,620 | 595,169 | 606,247 | 590,086 | 577,903 |
| net assets | 29,031 | 16,889 | 4,884 | -8,343 | -21,130 | -39,446 |
| total shareholders funds | 29,031 | 16,889 | 4,884 | -8,343 | -21,130 | -39,446 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 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 | 9,221 | -19,544 | 2,149 | 28,948 | 30,499 | 17,520 |
| Creditors | 19,915 | -21,549 | -9,411 | -25,506 | 12,183 | 105,928 |
| 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 | -22,836 | -10,000 | -1,667 | 41,667 | 0 | 471,975 |
| 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 |
2 victoria parade limited Credit Report and Business Information
2 Victoria Parade Limited Competitor Analysis
Perform a competitor analysis for 2 victoria parade limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CT6 area or any other competitors across 12 key performance metrics.
2 victoria parade limited Ownership
2 VICTORIA PARADE LIMITED group structure
2 Victoria Parade Limited has no subsidiary companies.
Ultimate parent company
2 VICTORIA PARADE LIMITED
11017081
2 victoria parade limited directors
2 Victoria Parade Limited currently has 2 directors. The longest serving directors include Miss Sukhvir Toot (Aug 2024) and Mr Pavitar Toot (Aug 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Sukhvir Toot | England | 38 years | Aug 2024 | - | Director |
| Mr Pavitar Toot | United Kingdom | 33 years | Aug 2024 | - | Director |
P&L
October 2023turnover
209.9k
+16%
operating profit
16.2k
0%
gross margin
30%
+6.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
29k
+0.72%
total assets
589.7k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
2 victoria parade limited company details
company number
11017081
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
October 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
October 2023
address
2 the links, herne bay, kent, CT6 7GQ
accountant
-
auditor
-
2 victoria parade 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 4 charges/mortgages relating to 2 victoria parade limited. Currently there are 4 open charges and 0 have been satisfied in the past.
2 victoria parade limited Companies House Filings - See Documents
| date | description | view/download |
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