whitebait properties limited

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whitebait properties limited Company Information

Share WHITEBAIT PROPERTIES LIMITED

Company Number

11412483

Shareholders

william hawkins

molly hawkins

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

bankside 300, broadland business park, norwich, NR7 0LB

Website

-

whitebait properties limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of WHITEBAIT PROPERTIES LIMITED at £1.6m based on a Turnover of £652k and 2.44x industry multiple (adjusted for size and gross margin).

whitebait properties limited Estimated Valuation

£284.2k

Pomanda estimates the enterprise value of WHITEBAIT PROPERTIES LIMITED at £284.2k based on an EBITDA of £59.4k and a 4.78x industry multiple (adjusted for size and gross margin).

whitebait properties limited Estimated Valuation

£281.6k

Pomanda estimates the enterprise value of WHITEBAIT PROPERTIES LIMITED at £281.6k based on Net Assets of £161.3k and 1.75x industry multiple (adjusted for liquidity).

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Whitebait Properties Limited Overview

Whitebait Properties Limited is a live company located in norwich, NR7 0LB with a Companies House number of 11412483. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2018, it's largest shareholder is william hawkins with a 33.3% stake. Whitebait Properties Limited is a young, small sized company, Pomanda has estimated its turnover at £652k with declining growth in recent years.

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Whitebait Properties Limited Health Check

Pomanda's financial health check has awarded Whitebait Properties Limited 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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £652k, make it smaller than the average company (£965.5k)

£652k - Whitebait Properties Limited

£965.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (5.6%)

-25% - Whitebait Properties Limited

5.6% - Industry AVG

production

Production

with a gross margin of 31.2%, this company has a higher cost of product (72.6%)

31.2% - Whitebait Properties Limited

72.6% - Industry AVG

profitability

Profitability

an operating margin of 9.1% make it less profitable than the average company (28.4%)

9.1% - Whitebait Properties Limited

28.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Whitebait Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.5k, the company has an equivalent pay structure (£33.5k)

£33.5k - Whitebait Properties Limited

£33.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £326k, this is more efficient (£192.2k)

£326k - Whitebait Properties Limited

£192.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 78 days, this is later than average (31 days)

78 days - Whitebait Properties Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 754 days, this is slower than average (37 days)

754 days - Whitebait Properties Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Whitebait Properties Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Whitebait Properties Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 85.2%, this is a higher level of debt than the average (69.1%)

85.2% - Whitebait Properties Limited

69.1% - Industry AVG

WHITEBAIT PROPERTIES LIMITED financials

EXPORTms excel logo

Whitebait Properties Limited's latest turnover from June 2024 is estimated at £652 thousand and the company has net assets of £161.3 thousand. According to their latest financial statements, Whitebait Properties Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019
Turnover652,0031,557,9011,671,4381,557,9881,706,6491,869,008
Other Income Or Grants
Cost Of Sales448,4251,090,2861,185,7881,124,4981,199,2641,316,593
Gross Profit203,578467,616485,650433,490507,385552,415
Admin Expenses144,130422,880451,322407,512481,041536,426
Operating Profit59,44844,73634,32825,97826,34415,989
Interest Payable
Interest Receivable
Pre-Tax Profit59,44844,73634,32825,97826,34415,989
Tax-14,862-11,184-6,522-4,936-5,005-3,038
Profit After Tax44,58633,55227,80621,04221,33912,951
Dividends Paid
Retained Profit44,58633,55227,80621,04221,33912,951
Employee Costs66,98662,38960,69655,31456,16656,526
Number Of Employees222222
EBITDA*59,44844,73634,32825,97826,34415,989

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019
Tangible Assets947,434947,434947,434947,434947,434947,434
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets947,434947,434947,434947,434947,434947,434
Stock & work in progress
Trade Debtors140,941494,399529,147493,862469,543494,207
Group Debtors
Misc Debtors1,3235641,048904774841
Cash
misc current assets
total current assets142,264494,963530,195494,766470,317495,048
total assets1,089,6981,442,3971,477,6291,442,2001,417,7511,442,482
Bank overdraft
Bank loan
Trade Creditors 926,9131,324,2881,393,1621,385,6311,379,1321,427,292
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities926,9131,324,2881,393,1621,385,6311,379,1321,427,292
loans
hp & lease commitments
Accruals and Deferred Income1,5091,4191,3291,2374,3292,239
other liabilities
provisions
total long term liabilities1,5091,4191,3291,2374,3292,239
total liabilities928,4221,325,7071,394,4911,386,8681,383,4611,429,531
net assets161,276116,69083,13855,33234,29012,951
total shareholders funds161,276116,69083,13855,33234,29012,951
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019
Operating Activities
Operating Profit59,44844,73634,32825,97826,34415,989
Depreciation
Amortisation
Tax-14,862-11,184-6,522-4,936-5,005-3,038
Stock
Debtors-352,699-35,23235,42924,449-24,731495,048
Creditors-397,375-68,8747,5316,499-48,1601,427,292
Accruals and Deferred Income909092-3,0922,0902,239
Deferred Taxes & Provisions
Cash flow from operations947,434
Investing Activities
capital expenditure-947,434
Change in Investments
cash flow from investments-947,434
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

whitebait properties limited 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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Whitebait Properties Limited Competitor Analysis

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Perform a competitor analysis for whitebait properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NR7 area or any other competitors across 12 key performance metrics.

whitebait properties limited Ownership

WHITEBAIT PROPERTIES LIMITED group structure

Whitebait Properties Limited has no subsidiary companies.

Ultimate parent company

WHITEBAIT PROPERTIES LIMITED

11412483

WHITEBAIT PROPERTIES LIMITED Shareholders

william hawkins 33.33%
molly hawkins 33.33%
rachel ansell 33.33%

whitebait properties limited directors

Whitebait Properties Limited currently has 2 directors. The longest serving directors include Mr Michael Hawkins (Jun 2018) and Mrs Emma Hawkins (Jun 2018).

officercountryagestartendrole
Mr Michael Hawkins63 years Jun 2018- Director
Mrs Emma HawkinsUnited Kingdom63 years Jun 2018- Director

P&L

June 2024

turnover

652k

-58%

operating profit

59.4k

0%

gross margin

31.3%

+4.02%

turnover

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

Balance Sheet

June 2024

net assets

161.3k

+0.38%

total assets

1.1m

-0.24%

cash

0

0%

net assets

Total assets minus all liabilities

whitebait properties limited company details

company number

11412483

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

June 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

-

address

bankside 300, broadland business park, norwich, NR7 0LB

Bank

-

Legal Advisor

-

whitebait properties 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 whitebait properties limited.

whitebait properties limited 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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whitebait properties limited Companies House Filings - See Documents

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