rakhs properties ltd
rakhs properties ltd Company Information
Company Number
11092515
Next Accounts
Dec 2024
Industry
Buying and selling of own real estate
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
ketan ranchhodbhai patel
roshna ketanbhai patel
Group Structure
View All
Contact
Registered Address
505 pinner road, harrow, middlesex, HA2 6EH
Website
-rakhs properties ltd Estimated Valuation
Pomanda estimates the enterprise value of RAKHS PROPERTIES LTD at £1.1m based on a Turnover of £369.8k and 3.06x industry multiple (adjusted for size and gross margin).
rakhs properties ltd Estimated Valuation
Pomanda estimates the enterprise value of RAKHS PROPERTIES LTD at £1.7m based on an EBITDA of £249.9k and a 6.61x industry multiple (adjusted for size and gross margin).
rakhs properties ltd Estimated Valuation
Pomanda estimates the enterprise value of RAKHS PROPERTIES LTD at £2.9m based on Net Assets of £1.7m and 1.67x industry multiple (adjusted for liquidity).
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Rakhs Properties Ltd Overview
Rakhs Properties Ltd is a live company located in middlesex, HA2 6EH with a Companies House number of 11092515. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2017, it's largest shareholder is ketan ranchhodbhai patel with a 50% stake. Rakhs Properties Ltd is a young, micro sized company, Pomanda has estimated its turnover at £369.8k with unknown growth in recent years.
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Rakhs Properties Ltd Health Check
Pomanda's financial health check has awarded Rakhs Properties Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
2 Weak
Size
annual sales of £369.8k, make it smaller than the average company (£847.5k)
- Rakhs Properties Ltd
£847.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Rakhs Properties Ltd
- - Industry AVG
Production
with a gross margin of 70.5%, this company has a comparable cost of product (70.5%)
- Rakhs Properties Ltd
70.5% - Industry AVG
Profitability
an operating margin of 67.6% make it more profitable than the average company (36.7%)
- Rakhs Properties Ltd
36.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Rakhs Properties Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.2k, the company has an equivalent pay structure (£33.2k)
- Rakhs Properties Ltd
£33.2k - Industry AVG
Efficiency
resulting in sales per employee of £184.9k, this is equally as efficient (£184.9k)
- Rakhs Properties Ltd
£184.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Rakhs Properties Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Rakhs Properties Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rakhs Properties Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 219 weeks, this is more cash available to meet short term requirements (11 weeks)
219 weeks - Rakhs Properties Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.7%, this is a similar level of debt than the average (63.3%)
60.7% - Rakhs Properties Ltd
63.3% - Industry AVG
RAKHS PROPERTIES LTD financials
Rakhs Properties Ltd's latest turnover from March 2023 is estimated at £369.8 thousand and the company has net assets of £1.7 million. According to their latest financial statements, Rakhs Properties Ltd has 2 employees and maintains cash reserves of £268.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | Dec 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 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,168,380 | 4,165,694 | 4,165,694 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,168,380 | 4,165,694 | 4,165,694 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 100 | 100 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,427 | 1,017 | 0 | 0 | 0 |
| Cash | 268,730 | 85,522 | 70,640 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 270,157 | 86,539 | 70,640 | 100 | 100 |
| total assets | 4,438,537 | 4,252,233 | 4,236,334 | 100 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 58,589 | 144,726 | 132,981 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,935 | 9,257 | 5,448 | 0 | 0 |
| total current liabilities | 63,524 | 153,983 | 138,429 | 0 | 0 |
| loans | 2,629,541 | 2,354,380 | 2,354,380 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,629,541 | 2,354,380 | 2,354,380 | 0 | 0 |
| total liabilities | 2,693,065 | 2,508,363 | 2,492,809 | 0 | 0 |
| net assets | 1,745,472 | 1,743,870 | 1,743,525 | 100 | 100 |
| total shareholders funds | 1,745,472 | 1,743,870 | 1,743,525 | 100 | 100 |
| Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 410 | 1,017 | 0 | 0 | 100 |
| Creditors | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -4,322 | 3,809 | 5,448 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 2,686 | 0 | 4,165,694 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -86,137 | 11,745 | 132,981 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 275,161 | 0 | 2,354,380 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 183,208 | 14,882 | 70,640 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 183,208 | 14,882 | 70,640 | 0 | 0 |
rakhs properties ltd Credit Report and Business Information
Rakhs Properties Ltd Competitor Analysis
Perform a competitor analysis for rakhs properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HA2 area or any other competitors across 12 key performance metrics.
rakhs properties ltd Ownership
RAKHS PROPERTIES LTD group structure
Rakhs Properties Ltd has no subsidiary companies.
Ultimate parent company
RAKHS PROPERTIES LTD
11092515
rakhs properties ltd directors
Rakhs Properties Ltd currently has 2 directors. The longest serving directors include Mrs Roshna Patel (Dec 2017) and Mr Ketan Patel (Dec 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Roshna Patel | England | 51 years | Dec 2017 | - | Director |
| Mr Ketan Patel | England | 58 years | Dec 2017 | - | Director |
P&L
March 2023turnover
369.8k
+5%
operating profit
249.9k
0%
gross margin
70.5%
+0.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.7m
0%
total assets
4.4m
+0.04%
cash
268.7k
+2.14%
net assets
Total assets minus all liabilities
rakhs properties ltd company details
company number
11092515
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
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
December 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
STERLING
auditor
-
address
505 pinner road, harrow, middlesex, HA2 6EH
Bank
-
Legal Advisor
-
rakhs properties 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 found 12 charges/mortgages relating to rakhs properties ltd. Currently there are 12 open charges and 0 have been satisfied in the past.
rakhs properties 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.
Click to start generating capital raising & share issue transactions for RAKHS PROPERTIES LTD. This can take several minutes, an email will notify you when this has completed.
rakhs properties ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
