wealth property limited

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wealth property limited Company Information

Share WEALTH PROPERTY LIMITED

Company Number

11046818

Shareholders

surbeer singh nagpal

mohan singh arora

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Group Structure

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Industry

Buying and selling of own real estate

 

Registered Address

153 norwood road, southall, middlesex, UB2 4JB

wealth property limited Estimated Valuation

£2.8m

Pomanda 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).

wealth property limited Estimated Valuation

£1m

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).

wealth property limited Estimated Valuation

£371.3k

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 Overview

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.

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Wealth Property Limited Health Check

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

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

5 Regular

positive_score

2 Weak

size

Size

annual sales of £950.8k, make it in line with the average company (£909.7k)

£950.8k - Wealth Property Limited

£909.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 445%, show it is growing at a faster rate (2.8%)

445% - Wealth Property Limited

2.8% - Industry AVG

production

Production

with a gross margin of 71.1%, this company has a comparable cost of product (71.1%)

71.1% - Wealth Property Limited

71.1% - Industry AVG

profitability

Profitability

an operating margin of 17.6% make it less profitable than the average company (23.9%)

17.6% - Wealth Property Limited

23.9% - Industry AVG

employees

Employees

with 6 employees, this is above the industry average (4)

6 - Wealth Property Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)

£38.2k - Wealth Property Limited

£38.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £158.5k, this is equally as efficient (£186.3k)

£158.5k - Wealth Property Limited

£186.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 25 days, this is near the average (25 days)

25 days - Wealth Property Limited

25 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Wealth Property Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wealth Property Limited

- - Industry AVG

cashbalance

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

debtlevel

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 financials

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Nov 2019Nov 2018
Turnover950,761379,190596,8645,877
Other Income Or Grants
Cost Of Sales274,791113,735177,5571,721
Gross Profit675,970265,455419,3084,157
Admin Expenses508,478193,054350,275-4,468
Operating Profit167,49272,40169,0338,625
Interest Payable3,4553,8442,9771,525
Interest Receivable6,9982,78013122
Pre-Tax Profit171,03571,33766,1867,122
Tax-42,759-13,554-12,575-1,353
Profit After Tax128,27657,78353,6115,769
Dividends Paid
Retained Profit128,27657,78353,6115,769
Employee Costs229,478114,500147,04037,018
Number Of Employees6341
EBITDA*167,49272,40169,0338,625

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Nov 2019Nov 2018
Tangible Assets1,614,6531,614,6531,614,6531,615,249
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,614,6531,614,6531,614,6531,615,249
Stock & work in progress
Trade Debtors65,12526,11246,577453
Group Debtors
Misc Debtors64,46018,973
Cash167,66398,93059,94544,816100
misc current assets
total current assets297,248144,015106,52245,269100
total assets1,911,9011,758,6681,721,1751,660,518100
Bank overdraft10,64810,64810,648
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities123,99875,07451,13617,560
total current liabilities134,64685,72261,78417,560
loans15,13225,00234,62850,000
hp & lease commitments
Accruals and Deferred Income
other liabilities1,516,5841,530,6811,565,2831,587,089
provisions
total long term liabilities1,531,7161,555,6831,599,9111,637,089
total liabilities1,666,3621,641,4051,661,6951,654,649
net assets245,539117,26359,4805,869100
total shareholders funds245,539117,26359,4805,869100
Dec 2023Dec 2022Dec 2021Dec 2020Nov 2019Nov 2018
Operating Activities
Operating Profit167,49272,40169,0338,625
Depreciation
Amortisation
Tax-42,759-13,554-12,575-1,353
Stock
Debtors84,500-1,49246,124453
Creditors
Accruals and Deferred Income48,92423,93833,57617,560
Deferred Taxes & Provisions
Cash flow from operations89,15784,27743,91024,379
Investing Activities
capital expenditure596-1,615,249
Change in Investments
cash flow from investments596-1,615,249
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-9,870-9,626-15,37250,000
Hire Purchase and Lease Commitments
other long term liabilities-14,097-34,602-21,8061,587,089
share issue100
interest3,543-1,064-2,846-1,503
cash flow from financing-20,424-45,292-40,0241,635,586100
cash and cash equivalents
cash68,73338,98515,12944,716100
overdraft10,648
change in cash68,73338,9854,48144,716100

wealth property limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for wealth property limited. Get real-time insights into wealth property limited's credit score, group structure and payment trends.

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Wealth Property Limited Competitor Analysis

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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 Ownership

WEALTH PROPERTY LIMITED group structure

Wealth Property Limited has no subsidiary companies.

Ultimate parent company

1 parent

WEALTH PROPERTY LIMITED

11046818

WEALTH PROPERTY LIMITED Shareholders

surbeer singh nagpal 55%
mohan singh arora 25%
ashpal singh babbar 20%

wealth property limited directors

Wealth Property Limited currently has 2 directors. The longest serving directors include Mr Ashpal Babbar (Dec 2019) and Mr Surbeer Nagpal (Jan 2020).

officercountryagestartendrole
Mr Ashpal BabbarUnited Kingdom39 years Dec 2019- Director
Mr Surbeer NagpalEngland50 years Jan 2020- Director

P&L

December 2023

turnover

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 2023

net assets

245.5k

+1.09%

total assets

1.9m

+0.09%

cash

167.7k

+0.69%

net assets

Total assets minus all liabilities

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wealth property limited company details

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

-

wealth property 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 did not find charges/mortgages relating to wealth property limited.

wealth property limited 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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wealth property limited Companies House Filings - See Documents

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