385 real estate limited
385 real estate limited Company Information
Company Number
11110807
Next Accounts
Dec 2025
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
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
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
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
0 Strong
3 Regular
6 Weak
Size
annual sales of £241.8k, make it smaller than the average company (£815.5k)
- 385 Real Estate Limited
£815.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- 385 Real Estate Limited
- - Industry AVG
Production
with a gross margin of 67.5%, this company has a comparable cost of product (67.5%)
- 385 Real Estate Limited
67.5% - Industry AVG
Profitability
an operating margin of -13.8% make it less profitable than the average company (26.4%)
- 385 Real Estate Limited
26.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - 385 Real Estate Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)
- 385 Real Estate Limited
£38.5k - Industry AVG
Efficiency
resulting in sales per employee of £120.9k, this is less efficient (£195k)
- 385 Real Estate Limited
£195k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- 385 Real Estate Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- 385 Real Estate Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 534 days, this is in line with average (445 days)
- 385 Real Estate Limited
445 days - Industry AVG
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
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
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 House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Dec 2020 | 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 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | ||||||
| Stock & work in progress | 115,117 | 115,117 | 100,000 | 524,014 | 524,014 | 523,894 |
| Trade Debtors | ||||||
| Group Debtors | 136,077 | 155,142 | 157,861 | 157,861 | ||
| Misc Debtors | 82,962 | 82,962 | 82,963 | 63,361 | ||
| Cash | 100 | 100 | 100 | 100 | 100 | 100 |
| misc current assets | ||||||
| total current assets | 198,179 | 334,256 | 338,205 | 681,975 | 681,975 | 587,355 |
| total assets | 198,179 | 334,256 | 338,205 | 681,975 | 681,975 | 587,355 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 1,200 | |||||
| Group/Directors Accounts | 27,796 | 53,721 | 52,881 | 44,842 | 23,851 | |
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 2,400 | 1,200 | 764,067 | 725,224 | 694,613 | 592,878 |
| total current liabilities | 30,196 | 54,921 | 816,948 | 770,066 | 719,664 | 592,878 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 717,181 | 795,289 | ||||
| provisions | ||||||
| total long term liabilities | 717,181 | 795,289 | ||||
| total liabilities | 747,377 | 850,210 | 816,948 | 770,066 | 719,664 | 592,878 |
| 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 2024 | Mar 2023 | Mar 2022 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 15,117 | 100,000 | 120 | 523,894 | ||
| Debtors | -136,077 | -19,066 | 238,105 | 94,500 | 63,361 | |
| Creditors | -1,200 | 1,200 | ||||
| Accruals and Deferred Income | 1,200 | -762,867 | 764,067 | 30,611 | 101,735 | 592,878 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -25,925 | 840 | 52,881 | 20,991 | 23,851 | |
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -78,108 | 795,289 | ||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 100 | 100 | ||||
| overdraft | ||||||
| change in cash | 100 | 100 |
385 real estate limited Credit Report and Business Information
385 Real Estate Limited Competitor Analysis
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 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).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Guy Horne | United Kingdom | 34 years | Dec 2017 | - | Director |
| Mr Guy Horne | United Kingdom | 34 years | Dec 2017 | - | Director |
| Mr David Searle | United Kingdom | 33 years | Dec 2017 | - | Director |
P&L
March 2024turnover
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 2024net 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
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.
Click to start generating capital raising & share issue transactions for 385 REAL ESTATE LIMITED. This can take several minutes, an email will notify you when this has completed.
385 real estate limited Companies House Filings - See Documents
| date | description | view/download |
|---|
