l price properties ltd
l price properties ltd Company Information
Company Number
11303347
Next Accounts
Dec 2024
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
nicholas price
Group Structure
View All
Contact
Registered Address
west point, second floor, mucklow office park, halesowen, west midlands, B62 8DY
Website
-l price properties ltd Estimated Valuation
Pomanda estimates the enterprise value of L PRICE PROPERTIES LTD at £222.1k based on a Turnover of £92.5k and 2.4x industry multiple (adjusted for size and gross margin).
l price properties ltd Estimated Valuation
Pomanda estimates the enterprise value of L PRICE PROPERTIES LTD at £19.2k based on an EBITDA of £3.8k and a 5.09x industry multiple (adjusted for size and gross margin).
l price properties ltd Estimated Valuation
Pomanda estimates the enterprise value of L PRICE PROPERTIES LTD at £14.8k based on Net Assets of £9.3k and 1.58x industry multiple (adjusted for liquidity).
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L Price Properties Ltd Overview
L Price Properties Ltd is a live company located in halesowen, B62 8DY with a Companies House number of 11303347. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2018, it's largest shareholder is nicholas price with a 100% stake. L Price Properties Ltd is a young, micro sized company, Pomanda has estimated its turnover at £92.5k with declining growth in recent years.
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L Price Properties Ltd Health Check
Pomanda's financial health check has awarded L Price Properties Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £92.5k, make it smaller than the average company (£799.5k)
- L Price Properties Ltd
£799.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -61%, show it is growing at a slower rate (1.9%)
- L Price Properties Ltd
1.9% - Industry AVG
Production
with a gross margin of 33.4%, this company has a higher cost of product (75.5%)
- L Price Properties Ltd
75.5% - Industry AVG
Profitability
an operating margin of 4.1% make it less profitable than the average company (37%)
- L Price Properties Ltd
37% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - L Price Properties Ltd
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- L Price Properties Ltd
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £46.2k, this is less efficient (£167.9k)
- L Price Properties Ltd
£167.9k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (31 days)
- L Price Properties Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 66 days, this is slower than average (37 days)
- L Price Properties Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- L Price Properties Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - L Price Properties Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.8%, this is a lower level of debt than the average (63.2%)
54.8% - L Price Properties Ltd
63.2% - Industry AVG
L PRICE PROPERTIES LTD financials
L Price Properties Ltd's latest turnover from March 2023 is estimated at £92.5 thousand and the company has net assets of £9.3 thousand. According to their latest financial statements, L Price Properties Ltd has 2 employees and maintains cash reserves of 0 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 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 20,615 | 747,110 | 643,667 | 492,927 | 825,964 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 20,615 | 747,110 | 643,667 | 492,927 | 825,964 |
| total assets | 20,615 | 747,110 | 643,667 | 492,927 | 825,964 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,290 | 740,839 | 636,901 | 486,237 | 821,639 |
| 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 | 11,290 | 740,839 | 636,901 | 486,237 | 821,639 |
| loans | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 11,290 | 740,839 | 636,901 | 486,237 | 821,639 |
| net assets | 9,325 | 6,271 | 6,766 | 6,690 | 4,325 |
| total shareholders funds | 9,325 | 6,271 | 6,766 | 6,690 | 4,325 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -726,495 | 103,443 | 150,740 | -333,037 | 825,964 |
| Creditors | -729,549 | 103,938 | 150,664 | -335,402 | 821,639 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
l price properties ltd Credit Report and Business Information
L Price Properties Ltd Competitor Analysis
Perform a competitor analysis for l price properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in B62 area or any other competitors across 12 key performance metrics.
l price properties ltd Ownership
L PRICE PROPERTIES LTD group structure
L Price Properties Ltd has no subsidiary companies.
Ultimate parent company
L PRICE PROPERTIES LTD
11303347
l price properties ltd directors
L Price Properties Ltd currently has 1 director, Mr Nicholas Price serving since Apr 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Price | United Kingdom | 52 years | Apr 2018 | - | Director |
P&L
March 2023turnover
92.5k
-95%
operating profit
3.8k
0%
gross margin
33.5%
+3.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
9.3k
+0.49%
total assets
20.6k
-0.97%
cash
0
0%
net assets
Total assets minus all liabilities
l price properties ltd company details
company number
11303347
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
April 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
west point, second floor, mucklow office park, halesowen, west midlands, B62 8DY
Bank
-
Legal Advisor
-
l price properties 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 l price properties ltd.
l price properties ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
