city offices real estate london limited
city offices real estate london limited Company Information
Company Number
11099314
Website
-Registered Address
8 frederick's place, london, EC2R 8AB
Industry
Management of real estate on a fee or contract basis
Development of building projects
Telephone
02078141000
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
bradley scott baker 33.9%
david terence hutton 30.3%
View Allcity offices real estate london limited Estimated Valuation
Pomanda estimates the enterprise value of CITY OFFICES REAL ESTATE LONDON LIMITED at £19.7m based on a Turnover of £9.8m and 2x industry multiple (adjusted for size and gross margin).
city offices real estate london limited Estimated Valuation
Pomanda estimates the enterprise value of CITY OFFICES REAL ESTATE LONDON LIMITED at £16.5m based on an EBITDA of £2.5m and a 6.57x industry multiple (adjusted for size and gross margin).
city offices real estate london limited Estimated Valuation
Pomanda estimates the enterprise value of CITY OFFICES REAL ESTATE LONDON LIMITED at £5.9m based on Net Assets of £3.8m and 1.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
City Offices Real Estate London Limited Overview
City Offices Real Estate London Limited is a live company located in london, EC2R 8AB with a Companies House number of 11099314. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2017, it's largest shareholder is bradley scott baker with a 33.9% stake. City Offices Real Estate London Limited is a young, mid sized company, Pomanda has estimated its turnover at £9.8m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
City Offices Real Estate London Limited Health Check
Pomanda's financial health check has awarded City Offices Real Estate London Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £9.8m, make it larger than the average company (£1.4m)
- City Offices Real Estate London Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 148%, show it is growing at a faster rate (2.6%)
- City Offices Real Estate London Limited
2.6% - Industry AVG
Production
with a gross margin of 45.2%, this company has a comparable cost of product (45.2%)
- City Offices Real Estate London Limited
45.2% - Industry AVG
Profitability
an operating margin of 25.5% make it more profitable than the average company (17.8%)
- City Offices Real Estate London Limited
17.8% - Industry AVG
Employees
with 62 employees, this is above the industry average (6)
- City Offices Real Estate London Limited
6 - Industry AVG
Pay Structure
on an average salary of £41.6k, the company has an equivalent pay structure (£41.6k)
- City Offices Real Estate London Limited
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £158.3k, this is less efficient (£192.7k)
- City Offices Real Estate London Limited
£192.7k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is later than average (29 days)
- City Offices Real Estate London Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (31 days)
- City Offices Real Estate London Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- City Offices Real Estate London Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is average cash available to meet short term requirements (15 weeks)
15 weeks - City Offices Real Estate London Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.8%, this is a lower level of debt than the average (73.2%)
34.8% - City Offices Real Estate London Limited
73.2% - Industry AVG
CITY OFFICES REAL ESTATE LONDON LIMITED financials
City Offices Real Estate London Limited's latest turnover from March 2023 is estimated at £9.8 million and the company has net assets of £3.8 million. According to their latest financial statements, we estimate that City Offices Real Estate London Limited has 62 employees and maintains cash reserves of £594.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 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 | 7 | 7 | 7 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,201,454 | 652,410 | 172,800 | 32,400 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,972,588 | 395,794 | 240,255 | 464,063 | 201,006 | 1,006 |
| Cash | 594,754 | 4,364,466 | 1,715,508 | 938,509 | 922,050 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,768,796 | 5,412,670 | 2,128,563 | 1,434,972 | 1,123,056 | 1,006 |
| total assets | 5,768,796 | 5,412,670 | 2,128,563 | 1,434,972 | 1,123,056 | 1,006 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 13,324 | 29 | 23,370 | 61,800 | 6,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 773,728 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,996,813 | 3,769,448 | 1,184,490 | 951,346 | 190,745 | 0 |
| total current liabilities | 2,010,137 | 3,769,477 | 1,207,860 | 1,013,146 | 970,473 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,010,137 | 3,769,477 | 1,207,860 | 1,013,146 | 970,473 | 0 |
| net assets | 3,758,659 | 1,643,193 | 920,703 | 421,826 | 152,583 | 1,006 |
| total shareholders funds | 3,758,659 | 1,643,193 | 920,703 | 421,826 | 152,583 | 1,006 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,125,838 | 635,149 | -83,408 | 295,457 | 200,000 | 1,006 |
| Creditors | 13,295 | -23,341 | -38,430 | 55,800 | 6,000 | 0 |
| Accruals and Deferred Income | -1,772,635 | 2,584,958 | 233,144 | 760,601 | 190,745 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -773,728 | 773,728 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -3,769,712 | 2,648,958 | 776,999 | 16,459 | 922,050 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,769,712 | 2,648,958 | 776,999 | 16,459 | 922,050 | 0 |
city offices real estate london limited Credit Report and Business Information
City Offices Real Estate London Limited Competitor Analysis
Perform a competitor analysis for city offices real estate london limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in EC2R area or any other competitors across 12 key performance metrics.
city offices real estate london limited Ownership
CITY OFFICES REAL ESTATE LONDON LIMITED group structure
City Offices Real Estate London Limited has no subsidiary companies.
Ultimate parent company
CITY OFFICES REAL ESTATE LONDON LIMITED
11099314
city offices real estate london limited directors
City Offices Real Estate London Limited currently has 4 directors. The longest serving directors include Mr David Hutton (Dec 2017) and Mr Stephen Black (Dec 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Hutton | England | 49 years | Dec 2017 | - | Director |
| Mr Stephen Black | England | 50 years | Dec 2017 | - | Director |
| Mr Bradley Baker | 61 years | Dec 2017 | - | Director | |
| Mr Luke Wainwright | England | 47 years | Dec 2017 | - | Director |
P&L
March 2023turnover
9.8m
+98%
operating profit
2.5m
0%
gross margin
45.2%
-0.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
3.8m
+1.29%
total assets
5.8m
+0.07%
cash
594.8k
-0.86%
net assets
Total assets minus all liabilities
city offices real estate london limited company details
company number
11099314
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
68320 - Management of real estate on a fee or contract basis
41100 - Development of building projects
incorporation date
December 2017
age
7
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
8 frederick's place, london, EC2R 8AB
last accounts submitted
March 2023
city offices real estate london 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 city offices real estate london limited.
city offices real estate london limited Companies House Filings - See Documents
| date | description | view/download |
|---|
