
Company Number
11046818
Next Accounts
Sep 2025
Shareholders
surbeer singh nagpal
mohan singh arora
View AllGroup Structure
View All
Industry
Buying and selling of own real estate
Registered Address
153 norwood road, southall, middlesex, UB2 4JB
Website
www.wealthproperty24.comPomanda estimates the enterprise value of WEALTH PROPERTY LIMITED at £2.8m based on a Turnover of £950.8k and 2.9x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of WEALTH PROPERTY LIMITED at £1m based on an EBITDA of £167.5k and a 6.23x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of WEALTH PROPERTY LIMITED at £371.3k based on Net Assets of £245.5k and 1.51x industry multiple (adjusted for liquidity).
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Wealth Property Limited is a live company located in middlesex, UB2 4JB with a Companies House number of 11046818. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 2017, it's largest shareholder is surbeer singh nagpal with a 55% stake. Wealth Property Limited is a young, small sized company, Pomanda has estimated its turnover at £950.8k with rapid growth in recent years.
Pomanda's financial health check has awarded Wealth Property Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
2 Weak
Size
annual sales of £950.8k, make it in line with the average company (£909.7k)
- Wealth Property Limited
£909.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 445%, show it is growing at a faster rate (2.8%)
- Wealth Property Limited
2.8% - Industry AVG
Production
with a gross margin of 71.1%, this company has a comparable cost of product (71.1%)
- Wealth Property Limited
71.1% - Industry AVG
Profitability
an operating margin of 17.6% make it less profitable than the average company (23.9%)
- Wealth Property Limited
23.9% - Industry AVG
Employees
with 6 employees, this is above the industry average (4)
- Wealth Property Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
- Wealth Property Limited
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £158.5k, this is equally as efficient (£186.3k)
- Wealth Property Limited
£186.3k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is near the average (25 days)
- Wealth Property Limited
25 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Wealth Property Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wealth Property Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 64 weeks, this is more cash available to meet short term requirements (8 weeks)
64 weeks - Wealth Property Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.2%, this is a higher level of debt than the average (64.5%)
87.2% - Wealth Property Limited
64.5% - Industry AVG
Wealth Property Limited's latest turnover from December 2023 is estimated at £950.8 thousand and the company has net assets of £245.5 thousand. According to their latest financial statements, we estimate that Wealth Property Limited has 6 employees and maintains cash reserves of £167.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 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 | Nov 2019 | Nov 2018 | |
---|---|---|---|---|---|---|
Tangible Assets | 1,614,653 | 1,614,653 | 1,614,653 | 1,615,249 | ||
Intangible Assets | ||||||
Investments & Other | ||||||
Debtors (Due After 1 year) | ||||||
Total Fixed Assets | 1,614,653 | 1,614,653 | 1,614,653 | 1,615,249 | ||
Stock & work in progress | ||||||
Trade Debtors | 65,125 | 26,112 | 46,577 | 453 | ||
Group Debtors | ||||||
Misc Debtors | 64,460 | 18,973 | ||||
Cash | 167,663 | 98,930 | 59,945 | 44,816 | 100 | |
misc current assets | ||||||
total current assets | 297,248 | 144,015 | 106,522 | 45,269 | 100 | |
total assets | 1,911,901 | 1,758,668 | 1,721,175 | 1,660,518 | 100 | |
Bank overdraft | 10,648 | 10,648 | 10,648 | |||
Bank loan | ||||||
Trade Creditors | ||||||
Group/Directors Accounts | ||||||
other short term finances | ||||||
hp & lease commitments | ||||||
other current liabilities | 123,998 | 75,074 | 51,136 | 17,560 | ||
total current liabilities | 134,646 | 85,722 | 61,784 | 17,560 | ||
loans | 15,132 | 25,002 | 34,628 | 50,000 | ||
hp & lease commitments | ||||||
Accruals and Deferred Income | ||||||
other liabilities | 1,516,584 | 1,530,681 | 1,565,283 | 1,587,089 | ||
provisions | ||||||
total long term liabilities | 1,531,716 | 1,555,683 | 1,599,911 | 1,637,089 | ||
total liabilities | 1,666,362 | 1,641,405 | 1,661,695 | 1,654,649 | ||
net assets | 245,539 | 117,263 | 59,480 | 5,869 | 100 | |
total shareholders funds | 245,539 | 117,263 | 59,480 | 5,869 | 100 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 2018 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | ||||||
Depreciation | ||||||
Amortisation | ||||||
Tax | ||||||
Stock | ||||||
Debtors | 84,500 | -1,492 | 46,124 | 453 | ||
Creditors | ||||||
Accruals and Deferred Income | 48,924 | 23,938 | 33,576 | 17,560 | ||
Deferred Taxes & Provisions | ||||||
Cash flow from operations | ||||||
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | ||||||
cash flow from investments | ||||||
Financing Activities | ||||||
Bank loans | ||||||
Group/Directors Accounts | ||||||
Other Short Term Loans | ||||||
Long term loans | -9,870 | -9,626 | -15,372 | 50,000 | ||
Hire Purchase and Lease Commitments | ||||||
other long term liabilities | -14,097 | -34,602 | -21,806 | 1,587,089 | ||
share issue | ||||||
interest | ||||||
cash flow from financing | ||||||
cash and cash equivalents | ||||||
cash | 68,733 | 38,985 | 15,129 | 44,716 | 100 | |
overdraft | 10,648 | |||||
change in cash | 68,733 | 38,985 | 4,481 | 44,716 | 100 |
Perform a competitor analysis for wealth property limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in UB2 area or any other competitors across 12 key performance metrics.
WEALTH PROPERTY LIMITED group structure
Wealth Property Limited has no subsidiary companies.
Wealth Property Limited currently has 2 directors. The longest serving directors include Mr Ashpal Babbar (Dec 2019) and Mr Surbeer Nagpal (Jan 2020).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Ashpal Babbar | United Kingdom | 39 years | Dec 2019 | - | Director |
Mr Surbeer Nagpal | England | 50 years | Jan 2020 | - | Director |
P&L
December 2023turnover
950.8k
+151%
operating profit
167.5k
0%
gross margin
71.1%
+1.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
245.5k
+1.09%
total assets
1.9m
+0.09%
cash
167.7k
+0.69%
net assets
Total assets minus all liabilities
Similar Companies
company number
11046818
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
SK ASSOCIATESLTD
auditor
-
address
153 norwood road, southall, middlesex, UB2 4JB
Bank
-
Legal Advisor
-
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 wealth property limited.
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