skhh properties ltd

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skhh properties ltd Company Information

Share SKHH PROPERTIES LTD

Company Number

11094464

Directors

Harpreet Virk

Harpal Virk

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Shareholders

harprett singh virk

harpal singh virk

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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

249 wexham road, slough, berks, SL2 5JT

Website

-

skhh properties ltd Estimated Valuation

£844.2k

Pomanda estimates the enterprise value of SKHH PROPERTIES LTD at £844.2k based on a Turnover of £246.9k and 3.42x industry multiple (adjusted for size and gross margin).

skhh properties ltd Estimated Valuation

£1m

Pomanda estimates the enterprise value of SKHH PROPERTIES LTD at £1m based on an EBITDA of £148.1k and a 6.76x industry multiple (adjusted for size and gross margin).

skhh properties ltd Estimated Valuation

£102.9k

Pomanda estimates the enterprise value of SKHH PROPERTIES LTD at £102.9k based on Net Assets of £60.2k and 1.71x industry multiple (adjusted for liquidity).

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Skhh Properties Ltd Overview

Skhh Properties Ltd is a live company located in berks, SL2 5JT with a Companies House number of 11094464. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2017, it's largest shareholder is harprett singh virk with a 25% stake. Skhh Properties Ltd is a young, micro sized company, Pomanda has estimated its turnover at £246.9k with rapid growth in recent years.

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Skhh Properties Ltd Health Check

Pomanda's financial health check has awarded Skhh Properties Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £246.9k, make it smaller than the average company (£1.1m)

£246.9k - Skhh Properties Ltd

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 67%, show it is growing at a faster rate (3.6%)

67% - Skhh Properties Ltd

3.6% - Industry AVG

production

Production

with a gross margin of 70.8%, this company has a comparable cost of product (70.8%)

70.8% - Skhh Properties Ltd

70.8% - Industry AVG

profitability

Profitability

an operating margin of 59.9% make it more profitable than the average company (21.4%)

59.9% - Skhh Properties Ltd

21.4% - Industry AVG

employees

Employees

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

2 - Skhh Properties Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)

£33.1k - Skhh Properties Ltd

£33.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £123.5k, this is less efficient (£204k)

£123.5k - Skhh Properties Ltd

£204k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 46 days, this is later than average (33 days)

46 days - Skhh Properties Ltd

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 37 days, this is close to average (34 days)

37 days - Skhh Properties Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Skhh Properties Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)

1 weeks - Skhh Properties Ltd

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98%, this is a higher level of debt than the average (71.3%)

98% - Skhh Properties Ltd

71.3% - Industry AVG

SKHH PROPERTIES LTD financials

EXPORTms excel logo

Skhh Properties Ltd's latest turnover from December 2023 is estimated at £246.9 thousand and the company has net assets of £60.2 thousand. According to their latest financial statements, we estimate that Skhh Properties Ltd has 2 employees and maintains cash reserves of £67.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Turnover246,90263,45834,50453,027103,67934,469
Other Income Or Grants000000
Cost Of Sales72,12818,63510,88816,54834,14010,708
Gross Profit174,77344,82223,61636,47869,53923,761
Admin Expenses26,8623,045-12,96947834,4195,434
Operating Profit147,91141,77736,58536,00035,12018,327
Interest Payable118,12560,60413,54913,96315,9098,142
Interest Receivable2,32158945169156
Pre-Tax Profit32,107-18,23723,08122,05319,30210,241
Tax-8,0270-4,385-4,190-3,667-1,946
Profit After Tax24,080-18,23718,69617,86315,6358,295
Dividends Paid000000
Retained Profit24,080-18,23718,69617,86315,6358,295
Employee Costs66,24831,26230,17628,41529,11128,099
Number Of Employees211111
EBITDA*148,10442,03436,92936,00035,12018,327

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Tangible Assets5807731,0300508,370508,370
Intangible Assets000000
Investments & Other2,854,7602,842,917501,590570,00000
Debtors (Due After 1 year)000000
Total Fixed Assets2,855,3402,843,690502,620570,000508,370508,370
Stock & work in progress000000
Trade Debtors31,3488,3765,0585,05812,1354,139
Group Debtors000000
Misc Debtors00253,300000
Cash67,44020,97812,70123,0939,31015,042
misc current assets001,590000
total current assets98,78829,354272,64928,15121,44519,181
total assets2,954,1282,873,044775,269598,151529,815527,551
Bank overdraft40,00040,000205,87021,81411,74111,127
Bank loan000000
Trade Creditors 7,3171,72812401,5281
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities1,856,6561,765,744513,876266,944274,132277,903
total current liabilities1,903,9731,807,472719,870288,758287,401289,031
loans990,0001,030,0000205,870218,384230,125
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions001,59011,71000
total long term liabilities990,0001,030,0001,590217,580218,384230,125
total liabilities2,893,9732,837,472721,460506,338505,785519,156
net assets60,15535,57253,80991,81324,0308,395
total shareholders funds60,15535,57253,80991,81324,0308,395
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Operating Activities
Operating Profit147,91141,77736,58536,00035,12018,327
Depreciation193257344000
Amortisation000000
Tax-8,0270-4,385-4,190-3,667-1,946
Stock000000
Debtors22,972-249,982253,300-7,0777,9964,139
Creditors5,5891,604124-1,5281,5271
Accruals and Deferred Income90,9121,251,868246,932-7,188-3,771277,903
Deferred Taxes & Provisions0-1,590-10,12011,71000
Cash flow from operations213,6061,543,89816,18041,88121,213290,146
Investing Activities
capital expenditure00-1,374508,3700-508,370
Change in Investments11,8432,341,327-68,410570,00000
cash flow from investments-11,843-2,341,32767,036-61,6300-508,370
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans-40,0001,030,000-205,870-12,514-11,741230,125
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue5030-56,70049,9200100
interest-115,804-60,015-13,504-13,947-15,818-8,086
cash flow from financing-155,301969,985-276,07423,459-27,559222,139
cash and cash equivalents
cash46,4628,277-10,39213,783-5,73215,042
overdraft0-165,870184,05610,07361411,127
change in cash46,462174,147-194,4483,710-6,3463,915

skhh properties 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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Skhh Properties Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for skhh properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SL2 area or any other competitors across 12 key performance metrics.

skhh properties ltd Ownership

SKHH PROPERTIES LTD group structure

Skhh Properties Ltd has no subsidiary companies.

Ultimate parent company

SKHH PROPERTIES LTD

11094464

SKHH PROPERTIES LTD Shareholders

harprett singh virk 25%
harpal singh virk 25%
sarbjit singh virk 25%
kuldip kaur virk 25%

skhh properties ltd directors

Skhh Properties Ltd currently has 4 directors. The longest serving directors include Mr Harpreet Virk (Dec 2017) and Mr Harpal Virk (Dec 2017).

officercountryagestartendrole
Mr Harpreet VirkUnited Kingdom39 years Dec 2017- Director
Mr Harpal VirkUnited Kingdom29 years Dec 2017- Director
Mrs Kuldip VirkUnited Kingdom61 years Dec 2017- Director
Mr Sarbjit VirkEngland63 years Dec 2017- Director

P&L

December 2023

turnover

246.9k

+289%

operating profit

147.9k

0%

gross margin

70.8%

+0.22%

turnover

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

Balance Sheet

December 2023

net assets

60.2k

+0.69%

total assets

3m

+0.03%

cash

67.4k

+2.21%

net assets

Total assets minus all liabilities

skhh properties ltd company details

company number

11094464

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

December 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

249 wexham road, slough, berks, SL2 5JT

Bank

-

Legal Advisor

-

skhh 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 5 charges/mortgages relating to skhh properties ltd. Currently there are 3 open charges and 2 have been satisfied in the past.

skhh 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 SKHH PROPERTIES LTD. This can take several minutes, an email will notify you when this has completed.

skhh properties ltd Companies House Filings - See Documents

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