portergate lettings limited
portergate lettings limited Company Information
Company Number
11343195
Website
-Registered Address
225 market street, hyde, cheshire, SK14 1HF
Industry
Other personal service activities n.e.c.
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
antony charles jackson 65.1%
karen preece 34%
View Allportergate lettings limited Estimated Valuation
Pomanda estimates the enterprise value of PORTERGATE LETTINGS LIMITED at £598.8k based on a Turnover of £1.2m and 0.51x industry multiple (adjusted for size and gross margin).
portergate lettings limited Estimated Valuation
Pomanda estimates the enterprise value of PORTERGATE LETTINGS LIMITED at £318.1k based on an EBITDA of £96.6k and a 3.29x industry multiple (adjusted for size and gross margin).
portergate lettings limited Estimated Valuation
Pomanda estimates the enterprise value of PORTERGATE LETTINGS LIMITED at £187.2k based on Net Assets of £92k and 2.03x industry multiple (adjusted for liquidity).
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Portergate Lettings Limited Overview
Portergate Lettings Limited is a live company located in cheshire, SK14 1HF with a Companies House number of 11343195. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in May 2018, it's largest shareholder is antony charles jackson with a 65% stake. Portergate Lettings Limited is a young, small sized company, Pomanda has estimated its turnover at £1.2m with rapid growth in recent years.
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Portergate Lettings Limited Health Check
Pomanda's financial health check has awarded Portergate Lettings Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £1.2m, make it larger than the average company (£838k)
- Portergate Lettings Limited
£838k - Industry AVG
Growth
3 year (CAGR) sales growth of 69%, show it is growing at a faster rate (5.6%)
- Portergate Lettings Limited
5.6% - Industry AVG
Production
with a gross margin of 20.5%, this company has a higher cost of product (41.3%)
- Portergate Lettings Limited
41.3% - Industry AVG
Profitability
an operating margin of 8.2% make it more profitable than the average company (6.5%)
- Portergate Lettings Limited
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
2 - Portergate Lettings Limited
13 - Industry AVG
Pay Structure
on an average salary of £29.7k, the company has an equivalent pay structure (£29.7k)
- Portergate Lettings Limited
£29.7k - Industry AVG
Efficiency
resulting in sales per employee of £592.6k, this is more efficient (£82.7k)
- Portergate Lettings Limited
£82.7k - Industry AVG
Debtor Days
it gets paid by customers after 138 days, this is later than average (29 days)
- Portergate Lettings Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 128 days, this is slower than average (39 days)
- Portergate Lettings Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Portergate Lettings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Portergate Lettings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.5%, this is a higher level of debt than the average (44%)
79.5% - Portergate Lettings Limited
44% - Industry AVG
PORTERGATE LETTINGS LIMITED financials
Portergate Lettings Limited's latest turnover from May 2023 is estimated at £1.2 million and the company has net assets of £92 thousand. According to their latest financial statements, Portergate Lettings Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 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 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 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 | 449,172 | 676,639 | 546,618 | 77,612 | 46,056 |
| 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 | 449,172 | 676,639 | 546,618 | 77,612 | 46,056 |
| total assets | 449,172 | 676,639 | 546,618 | 77,612 | 46,056 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 331,047 | 620,238 | 486,991 | 61,009 | 26,247 |
| 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 | 331,047 | 620,238 | 486,991 | 61,009 | 26,247 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,885 | 1,440 | 720 | 900 | 600 |
| other liabilities | 24,220 | 35,411 | 40,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 26,105 | 36,851 | 40,720 | 900 | 600 |
| total liabilities | 357,152 | 657,089 | 527,711 | 61,909 | 26,847 |
| net assets | 92,020 | 19,550 | 18,907 | 15,703 | 19,209 |
| total shareholders funds | 92,020 | 19,550 | 18,907 | 15,703 | 19,209 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 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 | -227,467 | 130,021 | 469,006 | 31,556 | 46,056 |
| Creditors | -289,191 | 133,247 | 425,982 | 34,762 | 26,247 |
| Accruals and Deferred Income | 445 | 720 | -180 | 300 | 600 |
| 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 | -11,191 | -4,589 | 40,000 | 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 |
portergate lettings limited Credit Report and Business Information
Portergate Lettings Limited Competitor Analysis
Perform a competitor analysis for portergate lettings limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in SK14 area or any other competitors across 12 key performance metrics.
portergate lettings limited Ownership
PORTERGATE LETTINGS LIMITED group structure
Portergate Lettings Limited has no subsidiary companies.
Ultimate parent company
PORTERGATE LETTINGS LIMITED
11343195
portergate lettings limited directors
Portergate Lettings Limited currently has 2 directors. The longest serving directors include Ms Karen Preece (May 2018) and Mr Anthony Jackson (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Karen Preece | United Kingdom | 65 years | May 2018 | - | Director |
| Mr Anthony Jackson | United Kingdom | 73 years | May 2018 | - | Director |
P&L
May 2023turnover
1.2m
-32%
operating profit
96.6k
0%
gross margin
20.5%
+6.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
92k
+3.71%
total assets
449.2k
-0.34%
cash
0
0%
net assets
Total assets minus all liabilities
portergate lettings limited company details
company number
11343195
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
May 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
225 market street, hyde, cheshire, SK14 1HF
Bank
-
Legal Advisor
-
portergate lettings 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 portergate lettings limited.
portergate lettings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
