pure resi limited
pure resi limited Company Information
Company Number
11172261
Website
http://lodgecrest.co.ukRegistered Address
the old court house, 267 - 273 high street, dorking, surrey, RH4 1RY
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01306888000
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
lodgecrest holdings plc 100%
pure resi limited Estimated Valuation
Pomanda estimates the enterprise value of PURE RESI LIMITED at £1.1m based on a Turnover of £334k and 3.16x industry multiple (adjusted for size and gross margin).
pure resi limited Estimated Valuation
Pomanda estimates the enterprise value of PURE RESI LIMITED at £48m based on an EBITDA of £6.9m and a 6.92x industry multiple (adjusted for size and gross margin).
pure resi limited Estimated Valuation
Pomanda estimates the enterprise value of PURE RESI LIMITED at £14.1m based on Net Assets of £8.8m and 1.6x industry multiple (adjusted for liquidity).
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Pure Resi Limited Overview
Pure Resi Limited is a live company located in dorking, RH4 1RY with a Companies House number of 11172261. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2018, it's largest shareholder is lodgecrest holdings plc with a 100% stake. Pure Resi Limited is a young, micro sized company, Pomanda has estimated its turnover at £334k with high growth in recent years.
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Pure Resi Limited Health Check
Pomanda's financial health check has awarded Pure Resi Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £334k, make it smaller than the average company (£865k)
- Pure Resi Limited
£865k - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (1.3%)
- Pure Resi Limited
1.3% - Industry AVG
Production
with a gross margin of 70%, this company has a comparable cost of product (70%)
- Pure Resi Limited
70% - Industry AVG
Profitability
an operating margin of 2076.4% make it more profitable than the average company (34.4%)
- Pure Resi Limited
34.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Pure Resi Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)
- Pure Resi Limited
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £111.3k, this is less efficient (£188k)
- Pure Resi Limited
£188k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is near the average (34 days)
- Pure Resi Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 130 days, this is slower than average (33 days)
- Pure Resi Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pure Resi Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Pure Resi Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93%, this is a higher level of debt than the average (70%)
93% - Pure Resi Limited
70% - Industry AVG
pure resi limited Credit Report and Business Information
Pure Resi Limited Competitor Analysis
Perform a competitor analysis for pure resi limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
pure resi limited Ownership
PURE RESI LIMITED group structure
Pure Resi Limited has no subsidiary companies.
pure resi limited directors
Pure Resi Limited currently has 3 directors. The longest serving directors include Mr Mark Bright (Jan 2018) and Mr Richard Kelly (Jan 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Bright | 54 years | Jan 2018 | - | Director | |
| Mr Richard Kelly | 58 years | Jan 2018 | - | Director | |
| Mr Paul Lelliott | 58 years | Jan 2018 | - | Director |
PURE RESI LIMITED financials
Pure Resi Limited's latest turnover from December 2022 is estimated at £334 thousand and the company has net assets of £8.8 million. According to their latest financial statements, Pure Resi Limited has 3 employees and maintains cash reserves of £28.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | 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 | 3 | 3 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 82,035,000 | 73,515,000 | 49,465,000 | 48,508,750 | 45,630,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 82,035,000 | 73,515,000 | 49,465,000 | 48,508,750 | 45,630,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 28,703 | 15,032 | 6,648 | 1,475 | 1,706 |
| Group Debtors | 36,440,098 | 32,480,076 | 27,630,694 | 23,534,859 | 18,056,514 |
| Misc Debtors | 6,550,280 | 204,472 | 1,821 | 4,762 | 22,576 |
| Cash | 28,232 | 243,051 | 8,512 | 5,116 | 322,147 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 43,047,313 | 32,942,631 | 27,647,675 | 23,546,212 | 18,402,943 |
| total assets | 125,082,313 | 106,457,631 | 77,112,675 | 72,054,962 | 64,032,943 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 24,750,000 | 0 | 0 |
| Trade Creditors | 35,892 | 24,534 | 4,467 | 10,819 | 4,018 |
| Group/Directors Accounts | 83,674,682 | 71,665,253 | 48,000,697 | 48,001,142 | 45,455,194 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,602,584 | 701,175 | 472,314 | 425,196 | 356,587 |
| total current liabilities | 85,313,158 | 72,390,962 | 73,227,478 | 48,437,157 | 45,815,799 |
| loans | 30,200,000 | 28,300,000 | 0 | 22,150,000 | 18,000,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 775,063 | 342,188 | 186,438 | 0 | 0 |
| total long term liabilities | 30,975,063 | 28,642,188 | 186,438 | 22,150,000 | 18,000,000 |
| total liabilities | 116,288,221 | 101,033,150 | 73,413,916 | 70,587,157 | 63,815,799 |
| net assets | 8,794,092 | 5,424,481 | 3,698,759 | 1,467,805 | 217,144 |
| total shareholders funds | 8,794,092 | 5,424,481 | 3,698,759 | 1,467,805 | 217,144 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 10,319,501 | 5,060,417 | 4,098,067 | 5,460,300 | 18,080,796 |
| Creditors | 11,358 | 20,067 | -6,352 | 6,801 | 4,018 |
| Accruals and Deferred Income | 901,409 | 228,861 | 47,118 | 68,609 | 356,587 |
| Deferred Taxes & Provisions | 432,875 | 155,750 | 186,438 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 8,520,000 | 24,050,000 | 956,250 | 2,878,750 | 45,630,000 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | -24,750,000 | 24,750,000 | 0 | 0 |
| Group/Directors Accounts | 12,009,429 | 23,664,556 | -445 | 2,545,948 | 45,455,194 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 1,900,000 | 28,300,000 | -22,150,000 | 4,150,000 | 18,000,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -214,819 | 234,539 | 3,396 | -317,031 | 322,147 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -214,819 | 234,539 | 3,396 | -317,031 | 322,147 |
P&L
December 2022turnover
334k
+52%
operating profit
6.9m
0%
gross margin
70.1%
+2.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
8.8m
+0.62%
total assets
125.1m
+0.17%
cash
28.2k
-0.88%
net assets
Total assets minus all liabilities
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pure resi limited company details
company number
11172261
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
January 2018
age
6
accounts
Small Company
ultimate parent company
previous names
lodgecrest residential limited (March 2019)
incorporated
UK
address
the old court house, 267 - 273 high street, dorking, surrey, RH4 1RY
last accounts submitted
December 2022
pure resi 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 found 32 charges/mortgages relating to pure resi limited. Currently there are 21 open charges and 11 have been satisfied in the past.
pure resi limited Companies House Filings - See Documents
| date | description | view/download |
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