glend properties limited

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glend properties limited Company Information

Share GLEND PROPERTIES LIMITED

Company Number

11074280

Shareholders

midos ms ltd

jacob schreiber

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

147 stamford hill, london, N16 5LG

Website

-

glend properties limited Estimated Valuation

£752.7k

Pomanda estimates the enterprise value of GLEND PROPERTIES LIMITED at £752.7k based on a Turnover of £236.2k and 3.19x industry multiple (adjusted for size and gross margin).

glend properties limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of GLEND PROPERTIES LIMITED at £1.1m based on an EBITDA of £177.1k and a 6.21x industry multiple (adjusted for size and gross margin).

glend properties limited Estimated Valuation

£549.9k

Pomanda estimates the enterprise value of GLEND PROPERTIES LIMITED at £549.9k based on Net Assets of £326.7k and 1.68x industry multiple (adjusted for liquidity).

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Glend Properties Limited Overview

Glend Properties Limited is a live company located in london, N16 5LG with a Companies House number of 11074280. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2017, it's largest shareholder is midos ms ltd with a 66.7% stake. Glend Properties Limited is a young, micro sized company, Pomanda has estimated its turnover at £236.2k with rapid growth in recent years.

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Glend Properties Limited Health Check

Pomanda's financial health check has awarded Glend Properties Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £236.2k, make it smaller than the average company (£919k)

£236.2k - Glend Properties Limited

£919k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 62%, show it is growing at a faster rate (5.5%)

62% - Glend Properties Limited

5.5% - Industry AVG

production

Production

with a gross margin of 72.9%, this company has a comparable cost of product (72.9%)

72.9% - Glend Properties Limited

72.9% - Industry AVG

profitability

Profitability

an operating margin of 75% make it more profitable than the average company (27.8%)

75% - Glend Properties Limited

27.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Glend Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)

£33.8k - Glend Properties Limited

£33.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £118.1k, this is less efficient (£186.7k)

£118.1k - Glend Properties Limited

£186.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Glend Properties Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 501 days, this is slower than average (36 days)

501 days - Glend Properties Limited

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Glend Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)

0 weeks - Glend Properties Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 88.3%, this is a higher level of debt than the average (70.1%)

88.3% - Glend Properties Limited

70.1% - Industry AVG

GLEND PROPERTIES LIMITED financials

EXPORTms excel logo

Glend Properties Limited's latest turnover from April 2024 is estimated at £236.2 thousand and the company has net assets of £326.7 thousand. According to their latest financial statements, we estimate that Glend Properties Limited has 2 employees and maintains cash reserves of £300 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019
Turnover236,153249,471191,24055,101376,291155,603
Other Income Or Grants
Cost Of Sales64,05168,72853,36615,976104,76345,877
Gross Profit172,102180,743137,87439,124271,528109,726
Admin Expenses-5,038-39,310204,30784,727106,809100,937
Operating Profit177,140220,053-66,433-45,603164,7198,789
Interest Payable
Interest Receivable161321
Pre-Tax Profit177,156220,065-66,431-45,603164,7208,790
Tax-44,289-55,016-31,297-1,670
Profit After Tax132,867165,049-66,431-45,603133,4237,120
Dividends Paid
Retained Profit132,867165,049-66,431-45,603133,4237,120
Employee Costs67,65262,15260,53827,26184,18655,372
Number Of Employees222132
EBITDA*177,140220,053-66,433-45,603164,7198,789

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019
Tangible Assets
Intangible Assets
Investments & Other2,394,4122,394,4122,394,4122,394,4122,358,1872,358,187
Debtors (Due After 1 year)
Total Fixed Assets2,394,4122,394,4122,394,4122,394,4122,358,1872,358,187
Stock & work in progress
Trade Debtors2038,83917,919
Group Debtors
Misc Debtors399,943128,617128,617142,044393,390171,710
Cash300300300300300300
misc current assets
total current assets400,243128,917128,917142,364432,529189,929
total assets2,794,6552,523,3292,523,3292,536,7762,790,7162,548,116
Bank overdraft
Bank loan
Trade Creditors 88,00788,00772,52775,50570,876935
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities2,379,9232,241,4642,421,9932,366,0312,578,9972,539,761
total current liabilities2,467,9302,329,4712,494,5202,441,5362,649,8732,540,696
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities2,467,9302,329,4712,494,5202,441,5362,649,8732,540,696
net assets326,725193,85828,80995,240140,8437,420
total shareholders funds326,725193,85828,80995,240140,8437,420
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019
Operating Activities
Operating Profit177,140220,053-66,433-45,603164,7198,789
Depreciation
Amortisation
Tax-44,289-55,016-31,297-1,670
Stock
Debtors271,326-13,447-290,165242,600189,629
Creditors15,480-2,9784,62969,941935
Accruals and Deferred Income138,459-180,52955,962-212,96639,2362,539,761
Deferred Taxes & Provisions
Cash flow from operations-16-12-236,225-12,358,186
Investing Activities
capital expenditure
Change in Investments36,2252,358,187
cash flow from investments-36,225-2,358,187
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue300
interest161321
cash flow from financing16132301
cash and cash equivalents
cash300
overdraft
change in cash300

glend properties limited 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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Glend Properties Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for glend properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N16 area or any other competitors across 12 key performance metrics.

glend properties limited Ownership

GLEND PROPERTIES LIMITED group structure

Glend Properties Limited has no subsidiary companies.

Ultimate parent company

1 parent

GLEND PROPERTIES LIMITED

11074280

GLEND PROPERTIES LIMITED Shareholders

midos ms ltd 66.67%
jacob schreiber 33.33%

glend properties limited directors

Glend Properties Limited currently has 1 director, Mr Jacob Schreiber serving since Nov 2017.

officercountryagestartendrole
Mr Jacob SchreiberEngland51 years Nov 2017- Director

P&L

April 2024

turnover

236.2k

-5%

operating profit

177.1k

0%

gross margin

72.9%

+0.59%

turnover

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

Balance Sheet

April 2024

net assets

326.7k

+0.69%

total assets

2.8m

+0.11%

cash

300

0%

net assets

Total assets minus all liabilities

glend properties limited company details

company number

11074280

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

November 2017

age

8

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

VENITT AND GREAVES

auditor

-

address

147 stamford hill, london, N16 5LG

Bank

-

Legal Advisor

-

glend properties 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 1 charges/mortgages relating to glend properties limited. Currently there are 1 open charges and 0 have been satisfied in the past.

glend properties 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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glend properties limited Companies House Filings - See Documents

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