sure sales and lettings ltd

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sure sales and lettings ltd Company Information

Share SURE SALES AND LETTINGS LTD

Company Number

11018445

Shareholders

manawar iqbal

jahangir iqbal

Group Structure

View All

Industry

Real estate agencies

 +1

Registered Address

222 branston road, burton on trent, staffordshire, DE14 3BT

sure sales and lettings ltd Estimated Valuation

£435.3k

Pomanda estimates the enterprise value of SURE SALES AND LETTINGS LTD at £435.3k based on a Turnover of £275.7k and 1.58x industry multiple (adjusted for size and gross margin).

sure sales and lettings ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SURE SALES AND LETTINGS LTD at £0 based on an EBITDA of £-22k and a 4.99x industry multiple (adjusted for size and gross margin).

sure sales and lettings ltd Estimated Valuation

£28k

Pomanda estimates the enterprise value of SURE SALES AND LETTINGS LTD at £28k based on Net Assets of £14.7k and 1.9x industry multiple (adjusted for liquidity).

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Sure Sales And Lettings Ltd Overview

Sure Sales And Lettings Ltd is a live company located in staffordshire, DE14 3BT with a Companies House number of 11018445. It operates in the real estate agencies sector, SIC Code 68310. Founded in October 2017, it's largest shareholder is manawar iqbal with a 70% stake. Sure Sales And Lettings Ltd is a young, micro sized company, Pomanda has estimated its turnover at £275.7k with declining growth in recent years.

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Sure Sales And Lettings Ltd Health Check

Pomanda's financial health check has awarded Sure Sales And Lettings Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

0 Strong

positive_score

4 Regular

positive_score

7 Weak

size

Size

annual sales of £275.7k, make it smaller than the average company (£620.9k)

£275.7k - Sure Sales And Lettings Ltd

£620.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (4.8%)

-12% - Sure Sales And Lettings Ltd

4.8% - Industry AVG

production

Production

with a gross margin of 28.3%, this company has a higher cost of product (77.1%)

28.3% - Sure Sales And Lettings Ltd

77.1% - Industry AVG

profitability

Profitability

an operating margin of -9.2% make it less profitable than the average company (6.4%)

-9.2% - Sure Sales And Lettings Ltd

6.4% - Industry AVG

employees

Employees

with 9 employees, this is below the industry average (12)

9 - Sure Sales And Lettings Ltd

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)

£41.5k - Sure Sales And Lettings Ltd

£41.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £30.6k, this is less efficient (£94.7k)

£30.6k - Sure Sales And Lettings Ltd

£94.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 41 days, this is near the average (41 days)

41 days - Sure Sales And Lettings Ltd

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 39 days, this is close to average (36 days)

39 days - Sure Sales And Lettings Ltd

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sure Sales And Lettings Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 39 weeks, this is average cash available to meet short term requirements (43 weeks)

39 weeks - Sure Sales And Lettings Ltd

43 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.9%, this is a higher level of debt than the average (53.2%)

75.9% - Sure Sales And Lettings Ltd

53.2% - Industry AVG

SURE SALES AND LETTINGS LTD financials

EXPORTms excel logo

Sure Sales And Lettings Ltd's latest turnover from December 2023 is estimated at £275.7 thousand and the company has net assets of £14.7 thousand. According to their latest financial statements, Sure Sales And Lettings Ltd has 9 employees and maintains cash reserves of £16.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Turnover275,702345,783387,045403,316616,679602,724
Other Income Or Grants000000
Cost Of Sales197,724235,838268,903291,122436,432420,014
Gross Profit77,977109,945118,142112,194180,246182,710
Admin Expenses103,248133,63881,80135,370169,947223,544
Operating Profit-25,271-23,69336,34176,82410,299-40,834
Interest Payable000000
Interest Receivable1,6752,4331663916127
Pre-Tax Profit-23,596-21,26036,50776,86310,460-40,807
Tax00-6,936-14,604-1,9870
Profit After Tax-23,596-21,26029,57162,2598,473-40,807
Dividends Paid000000
Retained Profit-23,596-21,26029,57162,2598,473-40,807
Employee Costs373,448495,184553,833529,512536,677517,376
Number Of Employees91214141414
EBITDA*-22,000-19,60441,45382,89910,299-34,759

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Tangible Assets13,08616,35720,44624,30219,44024,300
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets13,08616,35720,44624,30219,44024,300
Stock & work in progress000000
Trade Debtors31,59233,24043,88857,25700
Group Debtors000000
Misc Debtors000000
Cash16,50647,31391,71441,24735,7687,175
misc current assets000000
total current assets48,09880,553135,60298,50435,7687,175
total assets61,18496,910156,048122,80655,20831,475
Bank overdraft000000
Bank loan000000
Trade Creditors 21,49323,73351,96542,78187,44272,182
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities000000
total current liabilities21,49323,73351,96542,78187,44272,182
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities24,95134,84144,48750,00000
provisions000000
total long term liabilities24,95134,84144,48750,00000
total liabilities46,44458,57496,45292,78187,44272,182
net assets14,74038,33659,59630,025-32,234-40,707
total shareholders funds14,74038,33659,59630,025-32,234-40,707
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Operating Activities
Operating Profit-25,271-23,69336,34176,82410,299-40,834
Depreciation3,2714,0895,1126,07506,075
Amortisation000000
Tax00-6,936-14,604-1,9870
Stock000000
Debtors-1,648-10,648-13,36957,25700
Creditors-2,240-28,2329,184-44,66115,26072,182
Accruals and Deferred Income000000
Deferred Taxes & Provisions000000
Cash flow from operations-22,592-37,18857,070-33,62323,57237,423
Investing Activities
capital expenditure00-1,256-10,9374,860-30,375
Change in Investments000000
cash flow from investments00-1,256-10,9374,860-30,375
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities-9,890-9,646-5,51350,00000
share issue00000100
interest1,6752,4331663916127
cash flow from financing-8,215-7,213-5,34750,039161127
cash and cash equivalents
cash-30,807-44,40150,4675,47928,5937,175
overdraft000000
change in cash-30,807-44,40150,4675,47928,5937,175

sure sales and lettings ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Sure Sales And Lettings Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for sure sales and lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DE14 area or any other competitors across 12 key performance metrics.

sure sales and lettings ltd Ownership

SURE SALES AND LETTINGS LTD group structure

Sure Sales And Lettings Ltd has no subsidiary companies.

Ultimate parent company

SURE SALES AND LETTINGS LTD

11018445

SURE SALES AND LETTINGS LTD Shareholders

manawar iqbal 70%
jahangir iqbal 30%

sure sales and lettings ltd directors

Sure Sales And Lettings Ltd currently has 2 directors. The longest serving directors include Mr Jahangir Iqbal (Oct 2017) and Mr Manawar Iqbal (May 2021).

officercountryagestartendrole
Mr Jahangir IqbalEngland40 years Oct 2017- Director
Mr Manawar IqbalUnited Kingdom62 years May 2021- Director

P&L

December 2023

turnover

275.7k

-20%

operating profit

-25.3k

0%

gross margin

28.3%

-11.05%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

14.7k

-0.62%

total assets

61.2k

-0.37%

cash

16.5k

-0.65%

net assets

Total assets minus all liabilities

sure sales and lettings ltd company details

company number

11018445

Type

Private limited with Share Capital

industry

68310 - Real estate agencies

68320 - Management of real estate on a fee or contract basis

incorporation date

October 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

222 branston road, burton on trent, staffordshire, DE14 3BT

Bank

-

Legal Advisor

-

sure sales and 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 sure sales and lettings ltd.

sure sales and lettings 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.

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sure sales and lettings ltd Companies House Filings - See Documents

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