flatiron property maintenance & developments ltd

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flatiron property maintenance & developments ltd Company Information

Share FLATIRON PROPERTY MAINTENANCE & DEVELOPMENTS LTD

Company Number

11160969

Shareholders

john owens

peter-lea buckly

Group Structure

View All

Industry

Development of building projects

 

Registered Address

broughton & co ltd, 3 sherman walk, london, SE10 0YJ

Website

-

flatiron property maintenance & developments ltd Estimated Valuation

£86.4k

Pomanda estimates the enterprise value of FLATIRON PROPERTY MAINTENANCE & DEVELOPMENTS LTD at £86.4k based on a Turnover of £272.9k and 0.32x industry multiple (adjusted for size and gross margin).

flatiron property maintenance & developments ltd Estimated Valuation

£9.7k

Pomanda estimates the enterprise value of FLATIRON PROPERTY MAINTENANCE & DEVELOPMENTS LTD at £9.7k based on an EBITDA of £3.9k and a 2.5x industry multiple (adjusted for size and gross margin).

flatiron property maintenance & developments ltd Estimated Valuation

£77.7k

Pomanda estimates the enterprise value of FLATIRON PROPERTY MAINTENANCE & DEVELOPMENTS LTD at £77.7k based on Net Assets of £55k and 1.41x industry multiple (adjusted for liquidity).

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Flatiron Property Maintenance & Developments Ltd Overview

Flatiron Property Maintenance & Developments Ltd is a live company located in london, SE10 0YJ with a Companies House number of 11160969. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2018, it's largest shareholder is john owens with a 50% stake. Flatiron Property Maintenance & Developments Ltd is a young, micro sized company, Pomanda has estimated its turnover at £272.9k with rapid growth in recent years.

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Flatiron Property Maintenance & Developments Ltd Health Check

Pomanda's financial health check has awarded Flatiron Property Maintenance & Developments Ltd a 3 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 Rating3out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

6 Weak

size

Size

annual sales of £272.9k, make it smaller than the average company (£2.3m)

£272.9k - Flatiron Property Maintenance & Developments Ltd

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 116%, show it is growing at a faster rate (6%)

116% - Flatiron Property Maintenance & Developments Ltd

6% - Industry AVG

production

Production

with a gross margin of 9.1%, this company has a higher cost of product (26.4%)

9.1% - Flatiron Property Maintenance & Developments Ltd

26.4% - Industry AVG

profitability

Profitability

an operating margin of 1.4% make it less profitable than the average company (7.5%)

1.4% - Flatiron Property Maintenance & Developments Ltd

7.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

1 - Flatiron Property Maintenance & Developments Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)

£48.3k - Flatiron Property Maintenance & Developments Ltd

£48.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £272.9k, this is equally as efficient (£274.9k)

£272.9k - Flatiron Property Maintenance & Developments Ltd

£274.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 53 days, this is later than average (27 days)

53 days - Flatiron Property Maintenance & Developments Ltd

27 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 161 days, this is slower than average (31 days)

161 days - Flatiron Property Maintenance & Developments Ltd

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 179 days, this is in line with average (203 days)

179 days - Flatiron Property Maintenance & Developments Ltd

203 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 (11 weeks)

0 weeks - Flatiron Property Maintenance & Developments Ltd

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66.7%, this is a similar level of debt than the average (73.7%)

66.7% - Flatiron Property Maintenance & Developments Ltd

73.7% - Industry AVG

FLATIRON PROPERTY MAINTENANCE & DEVELOPMENTS LTD financials

EXPORTms excel logo

Flatiron Property Maintenance & Developments Ltd's latest turnover from March 2024 is estimated at £272.9 thousand and the company has net assets of £55 thousand. According to their latest financial statements, we estimate that Flatiron Property Maintenance & Developments Ltd has 1 employee and maintains cash reserves of £785 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Jan 2020Jan 2019
Turnover272,909242,43644,35527,0497,2291,639
Other Income Or Grants
Cost Of Sales248,108219,64840,47024,6366,4721,463
Gross Profit24,80122,7883,8852,413757176
Admin Expenses20,94422,19342,139-114,063-4,898-1,670
Operating Profit3,857595-38,254116,4765,6551,846
Interest Payable3,2296,6423,070
Interest Receivable65371532164
Pre-Tax Profit3,921632-38,101113,268-981-1,220
Tax-980-120-21,521
Profit After Tax2,941512-38,10191,747-981-1,220
Dividends Paid
Retained Profit2,941512-38,10191,747-981-1,220
Employee Costs48,27646,02144,49943,47642,92242,332
Number Of Employees111111
EBITDA*3,857595-37,741116,4765,6551,846

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Jan 2020Jan 2019
Tangible Assets2,2122,6362,050
Intangible Assets
Investments & Other102,39789,333
Debtors (Due After 1 year)
Total Fixed Assets2,2122,6362,050102,39789,333
Stock & work in progress122,00088,000126,63284,392
Trade Debtors39,95244,7781,344317
Group Debtors
Misc Debtors1,4685,516
Cash7851,6774640,673692940
misc current assets
total current assets162,737134,455128,146130,5812,0361,257
total assets164,949137,091130,196130,581104,43390,590
Bank overdraft
Bank loan
Trade Creditors 109,95185,034
Group/Directors Accounts72,0814,870
other short term finances
hp & lease commitments
other current liabilities6,57036,065679755
total current liabilities109,95185,03478,65140,935679755
loans105,85590,955
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities105,85590,955
total liabilities109,95185,03478,65140,935106,53491,710
net assets54,99852,05751,54589,646-2,101-1,120
total shareholders funds54,99852,05751,54589,646-2,101-1,120
Mar 2024Mar 2023Mar 2022Mar 2021Jan 2020Jan 2019
Operating Activities
Operating Profit3,857595-38,254116,4765,6551,846
Depreciation513
Amortisation
Tax-980-120-21,521
Stock34,000-38,63242,24084,392
Debtors-4,82643,310-4,0484,1721,027317
Creditors24,91785,034
Accruals and Deferred Income-6,570-29,49535,386-76755
Deferred Taxes & Provisions
Cash flow from operations-1,38074,261-105,42841,7774,5522,284
Investing Activities
capital expenditure424-586-2,563
Change in Investments-102,39713,06489,333
cash flow from investments424-586-2,563102,397-13,064-89,333
Financing Activities
Bank loans
Group/Directors Accounts-72,08167,2114,870
Other Short Term Loans
Long term loans-105,85514,90090,955
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest6537153-3,208-6,636-3,066
cash flow from financing65-72,04467,364-104,1938,26487,989
cash and cash equivalents
cash-8921,631-40,62739,981-248940
overdraft
change in cash-8921,631-40,62739,981-248940

flatiron property maintenance & developments 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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Flatiron Property Maintenance & Developments Ltd Competitor Analysis

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Perform a competitor analysis for flatiron property maintenance & developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SE10 area or any other competitors across 12 key performance metrics.

flatiron property maintenance & developments ltd Ownership

FLATIRON PROPERTY MAINTENANCE & DEVELOPMENTS LTD group structure

Flatiron Property Maintenance & Developments Ltd has no subsidiary companies.

Ultimate parent company

FLATIRON PROPERTY MAINTENANCE & DEVELOPMENTS LTD

11160969

FLATIRON PROPERTY MAINTENANCE & DEVELOPMENTS LTD Shareholders

john owens 50%
peter-lea buckly 50%

flatiron property maintenance & developments ltd directors

Flatiron Property Maintenance & Developments Ltd currently has 1 director, Mr Peter-Lea Buckly serving since Jan 2018.

officercountryagestartendrole
Mr Peter-Lea BucklyUnited Kingdom55 years Jan 2018- Director

P&L

March 2024

turnover

272.9k

+13%

operating profit

3.9k

0%

gross margin

9.1%

-3.32%

turnover

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

Balance Sheet

March 2024

net assets

55k

+0.06%

total assets

164.9k

+0.2%

cash

785

-0.53%

net assets

Total assets minus all liabilities

flatiron property maintenance & developments ltd company details

company number

11160969

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

January 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

goddam developments ltd (March 2018)

accountant

BROUGHTON & CO LIMITED

auditor

-

address

broughton & co ltd, 3 sherman walk, london, SE10 0YJ

Bank

-

Legal Advisor

-

flatiron property maintenance & developments 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 did not find charges/mortgages relating to flatiron property maintenance & developments ltd.

flatiron property maintenance & developments 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.

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flatiron property maintenance & developments ltd Companies House Filings - See Documents

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