385 real estate limited

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385 real estate limited Company Information

Share 385 REAL ESTATE LIMITED

Company Number

11110807

Directors

Guy Horne

Guy Horne

View All

Shareholders

david asher searle

guy alexander james horne

Group Structure

View All

Industry

Buying and selling of own real estate

 

Registered Address

reedham house, 31 king street west, manchester, M3 2PJ

Website

-

385 real estate limited Estimated Valuation

£725k

Pomanda estimates the enterprise value of 385 REAL ESTATE LIMITED at £725k based on a Turnover of £241.8k and 3x industry multiple (adjusted for size and gross margin).

385 real estate limited Estimated Valuation

£0

Pomanda estimates the enterprise value of 385 REAL ESTATE LIMITED at £0 based on an EBITDA of £-33.2k and a 6.43x industry multiple (adjusted for size and gross margin).

385 real estate limited Estimated Valuation

£0

Pomanda estimates the enterprise value of 385 REAL ESTATE LIMITED at £0 based on Net Assets of £-549.2k and 1.58x industry multiple (adjusted for liquidity).

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385 Real Estate Limited Overview

385 Real Estate Limited is a live company located in manchester, M3 2PJ with a Companies House number of 11110807. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2017, it's largest shareholder is david asher searle with a 50% stake. 385 Real Estate Limited is a young, micro sized company, Pomanda has estimated its turnover at £241.8k with unknown growth in recent years.

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385 Real Estate Limited Health Check

Pomanda's financial health check has awarded 385 Real Estate Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £241.8k, make it smaller than the average company (£815.5k)

£241.8k - 385 Real Estate Limited

£815.5k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - 385 Real Estate Limited

- - Industry AVG

production

Production

with a gross margin of 67.5%, this company has a comparable cost of product (67.5%)

67.5% - 385 Real Estate Limited

67.5% - Industry AVG

profitability

Profitability

an operating margin of -13.8% make it less profitable than the average company (26.4%)

-13.8% - 385 Real Estate Limited

26.4% - Industry AVG

employees

Employees

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

2 - 385 Real Estate Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)

£38.5k - 385 Real Estate Limited

£38.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £120.9k, this is less efficient (£195k)

£120.9k - 385 Real Estate Limited

£195k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - 385 Real Estate Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - 385 Real Estate Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 534 days, this is in line with average (445 days)

534 days - 385 Real Estate Limited

445 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)

0 weeks - 385 Real Estate Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 377.1%, this is a higher level of debt than the average (63%)

377.1% - 385 Real Estate Limited

63% - Industry AVG

385 REAL ESTATE LIMITED financials

EXPORTms excel logo

385 Real Estate Limited's latest turnover from March 2024 is estimated at £241.8 thousand and the company has net assets of -£549.2 thousand. According to their latest financial statements, 385 Real Estate Limited has 2 employees and maintains cash reserves of £100 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Dec 2020Dec 2019Dec 2018
Turnover241,829247,315250,202277,045202,405298,478
Other Income Or Grants
Cost Of Sales78,64483,14185,72781,10960,72094,576
Gross Profit163,185164,173164,475195,936141,685203,902
Admin Expenses196,434201,388643,318246,338173,852209,525
Operating Profit-33,249-37,215-478,843-50,402-32,167-5,623
Interest Payable
Interest Receivable541
Pre-Tax Profit-33,244-37,211-478,843-50,402-32,166-5,623
Tax
Profit After Tax-33,244-37,211-478,843-50,402-32,166-5,623
Dividends Paid
Retained Profit-33,244-37,211-478,843-50,402-32,166-5,623
Employee Costs76,99772,09673,52074,03681,66777,727
Number Of Employees222222
EBITDA*-33,249-37,215-478,843-50,402-32,167-5,623

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Dec 2020Dec 2019Dec 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress115,117115,117100,000524,014524,014523,894
Trade Debtors
Group Debtors136,077155,142157,861157,861
Misc Debtors82,96282,96282,96363,361
Cash100100100100100100
misc current assets
total current assets198,179334,256338,205681,975681,975587,355
total assets198,179334,256338,205681,975681,975587,355
Bank overdraft
Bank loan
Trade Creditors 1,200
Group/Directors Accounts27,79653,72152,88144,84223,851
other short term finances
hp & lease commitments
other current liabilities2,4001,200764,067725,224694,613592,878
total current liabilities30,19654,921816,948770,066719,664592,878
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities717,181795,289
provisions
total long term liabilities717,181795,289
total liabilities747,377850,210816,948770,066719,664592,878
net assets-549,198-515,954-478,743-88,091-37,689-5,523
total shareholders funds-549,198-515,954-478,743-88,091-37,689-5,523
Mar 2024Mar 2023Mar 2022Dec 2020Dec 2019Dec 2018
Operating Activities
Operating Profit-33,249-37,215-478,843-50,402-32,167-5,623
Depreciation
Amortisation
Tax
Stock15,117100,000120523,894
Debtors-136,077-19,066238,10594,50063,361
Creditors-1,2001,200
Accruals and Deferred Income1,200-762,867764,06730,611101,735592,878
Deferred Taxes & Provisions
Cash flow from operations104,028-796,133-52,881-20,991-23,852
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts-25,92584052,88120,99123,851
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-78,108795,289
share issue100100
interest541
cash flow from financing-104,028796,13352,98120,99123,852100
cash and cash equivalents
cash100100
overdraft
change in cash100100

385 real estate 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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385 Real Estate Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for 385 real estate limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M 3 area or any other competitors across 12 key performance metrics.

385 real estate limited Ownership

385 REAL ESTATE LIMITED group structure

385 Real Estate Limited has no subsidiary companies.

Ultimate parent company

385 REAL ESTATE LIMITED

11110807

385 REAL ESTATE LIMITED Shareholders

david asher searle 50%
guy alexander james horne 50%

385 real estate limited directors

385 Real Estate Limited currently has 3 directors. The longest serving directors include Mr Guy Horne (Dec 2017) and Mr Guy Horne (Dec 2017).

officercountryagestartendrole
Mr Guy HorneUnited Kingdom34 years Dec 2017- Director
Mr Guy HorneUnited Kingdom34 years Dec 2017- Director
Mr David SearleUnited Kingdom33 years Dec 2017- Director

P&L

March 2024

turnover

241.8k

-2%

operating profit

-33.2k

0%

gross margin

67.5%

+1.65%

turnover

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

Balance Sheet

March 2024

net assets

-549.2k

+0.06%

total assets

198.2k

-0.41%

cash

100

0%

net assets

Total assets minus all liabilities

385 real estate limited company details

company number

11110807

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

December 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

reedham house, 31 king street west, manchester, M3 2PJ

Bank

-

Legal Advisor

-

385 real estate 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 385 real estate limited.

385 real estate 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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385 real estate limited Companies House Filings - See Documents

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