residential block management group ltd
residential block management group ltd Company Information
Company Number
11252218
Registered Address
top floor the ocean building, queen anne battery, plymouth, devon, PL4 0LP
Industry
Management of real estate on a fee or contract basis
Telephone
01752257338
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
tatiana viktorovna christie 50%
mark christie 50%
residential block management group ltd Estimated Valuation
Pomanda estimates the enterprise value of RESIDENTIAL BLOCK MANAGEMENT GROUP LTD at £639.1k based on a Turnover of £496.8k and 1.29x industry multiple (adjusted for size and gross margin).
residential block management group ltd Estimated Valuation
Pomanda estimates the enterprise value of RESIDENTIAL BLOCK MANAGEMENT GROUP LTD at £96.6k based on an EBITDA of £21k and a 4.6x industry multiple (adjusted for size and gross margin).
residential block management group ltd Estimated Valuation
Pomanda estimates the enterprise value of RESIDENTIAL BLOCK MANAGEMENT GROUP LTD at £164.5k based on Net Assets of £100.4k and 1.64x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Residential Block Management Group Ltd Overview
Residential Block Management Group Ltd is a live company located in plymouth, PL4 0LP with a Companies House number of 11252218. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in March 2018, it's largest shareholder is tatiana viktorovna christie with a 50% stake. Residential Block Management Group Ltd is a young, micro sized company, Pomanda has estimated its turnover at £496.8k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Residential Block Management Group Ltd Health Check
Pomanda's financial health check has awarded Residential Block Management Group Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £496.8k, make it smaller than the average company (£1m)
- Residential Block Management Group Ltd
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (3.6%)
- Residential Block Management Group Ltd
3.6% - Industry AVG
Production
with a gross margin of 12.8%, this company has a higher cost of product (43.5%)
- Residential Block Management Group Ltd
43.5% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (8.6%)
- Residential Block Management Group Ltd
8.6% - Industry AVG
Employees
with 21 employees, this is above the industry average (10)
21 - Residential Block Management Group Ltd
10 - Industry AVG
Pay Structure
on an average salary of £40.8k, the company has an equivalent pay structure (£40.8k)
- Residential Block Management Group Ltd
£40.8k - Industry AVG
Efficiency
resulting in sales per employee of £23.7k, this is less efficient (£95.4k)
- Residential Block Management Group Ltd
£95.4k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (32 days)
- Residential Block Management Group Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 105 days, this is slower than average (33 days)
- Residential Block Management Group Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Residential Block Management Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 59 weeks, this is more cash available to meet short term requirements (25 weeks)
59 weeks - Residential Block Management Group Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.3%, this is a lower level of debt than the average (81.5%)
59.3% - Residential Block Management Group Ltd
81.5% - Industry AVG
RESIDENTIAL BLOCK MANAGEMENT GROUP LTD financials
Residential Block Management Group Ltd's latest turnover from March 2023 is estimated at £496.8 thousand and the company has net assets of £100.4 thousand. According to their latest financial statements, Residential Block Management Group Ltd has 21 employees and maintains cash reserves of £143 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| 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 | 21 | 24 | 16 | 14 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 29,689 | 41,192 | 37,900 | 19,143 | 18,457 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 29,689 | 41,192 | 37,900 | 19,143 | 18,457 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 74,122 | 52,983 | 156,750 | 59,373 | 16,030 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 1,660 | 2,863 | 0 |
| Cash | 143,029 | 173,572 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 5,125 |
| total current assets | 217,151 | 226,555 | 158,410 | 62,236 | 21,155 |
| total assets | 246,840 | 267,747 | 196,310 | 81,379 | 39,612 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 124,721 | 149,294 | 82,872 | 74,224 | 35,369 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 124,721 | 149,294 | 82,872 | 74,224 | 35,369 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 15 | 16 | 39 | 0 | 461 |
| other liabilities | 21,700 | 33,566 | 56,723 | 1,645 | 4,935 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 21,715 | 33,582 | 56,762 | 1,645 | 5,396 |
| total liabilities | 146,436 | 182,876 | 139,634 | 75,869 | 40,765 |
| net assets | 100,404 | 84,871 | 56,676 | 5,510 | -1,153 |
| total shareholders funds | 100,404 | 84,871 | 56,676 | 5,510 | -1,153 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 8,539 | ||||
| Amortisation | 0 | ||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 21,139 | -105,427 | 96,174 | 46,206 | 16,030 |
| Creditors | -24,573 | 66,422 | 8,648 | 38,855 | 35,369 |
| Accruals and Deferred Income | -1 | -23 | 39 | -461 | 461 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -11,866 | -23,157 | 55,078 | -3,290 | 4,935 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -30,543 | 173,572 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -30,543 | 173,572 | 0 | 0 | 0 |
residential block management group ltd Credit Report and Business Information
Residential Block Management Group Ltd Competitor Analysis
Perform a competitor analysis for residential block management group ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in PL4 area or any other competitors across 12 key performance metrics.
residential block management group ltd Ownership
RESIDENTIAL BLOCK MANAGEMENT GROUP LTD group structure
Residential Block Management Group Ltd has no subsidiary companies.
Ultimate parent company
RESIDENTIAL BLOCK MANAGEMENT GROUP LTD
11252218
residential block management group ltd directors
Residential Block Management Group Ltd currently has 2 directors. The longest serving directors include Mrs Tatiana Christie (Mar 2018) and Mr Mark Christie (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Tatiana Christie | United Kingdom | 45 years | Mar 2018 | - | Director |
| Mr Mark Christie | England | 65 years | Mar 2018 | - | Director |
P&L
March 2023turnover
496.8k
+5%
operating profit
12.4k
0%
gross margin
12.9%
+4.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
100.4k
+0.18%
total assets
246.8k
-0.08%
cash
143k
-0.18%
net assets
Total assets minus all liabilities
residential block management group ltd company details
company number
11252218
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
March 2018
age
6
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
top floor the ocean building, queen anne battery, plymouth, devon, PL4 0LP
Bank
-
Legal Advisor
-
residential block management group 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 residential block management group ltd.
residential block management group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
