c/o cutts and co, three acres lane, cheadle, SK8 6RL
Website
-
steer property ltdEstimated Valuation
£189.2k
Pomanda estimates the enterprise value of STEER PROPERTY LTD at £189.2k based on a Turnover of £122.7k and 1.54x industry multiple (adjusted for size and gross margin).
steer property ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of STEER PROPERTY LTD at £0 based on an EBITDA of £-366 and a 4.44x industry multiple (adjusted for size and gross margin).
steer property ltdEstimated Valuation
£346
Pomanda estimates the enterprise value of STEER PROPERTY LTD at £346 based on Net Assets of £181 and 1.92x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Steer Property LtdOverview
Steer Property Ltd is a live company located in cheadle, SK8 6RL with a Companies House number of 11455940. It operates in the real estate agencies sector, SIC Code 68310. Founded in July 2018, it's largest shareholder is
james steer
with a 100% stake. Steer Property Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£122.7k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Steer Property Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £122.7k, make it smaller than the average company (£450.7k)
£122.7k - Steer Property Ltd
£450.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 60%, show it is growing at a faster rate (6.3%)
60% - Steer Property Ltd
6.3% - Industry AVG
Production
with a gross margin of 27.4%, this company has a higher cost of product (72%)
27.4% - Steer Property Ltd
72% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (6.5%)
-0.3% - Steer Property Ltd
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
1 - Steer Property Ltd
9 - Industry AVG
Pay Structure
on an average salary of £39.9k, the company has an equivalent pay structure (£39.9k)
£39.9k - Steer Property Ltd
£39.9k - Industry AVG
Efficiency
resulting in sales per employee of £122.7k, this is more efficient (£91.4k)
£122.7k - Steer Property Ltd
£91.4k - Industry AVG
Debtor Days
it gets paid by customers after 172 days, this is later than average (44 days)
172 days - Steer Property Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 218 days, this is slower than average (35 days)
218 days - Steer Property Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Steer Property Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Steer Property Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.7%, this is a higher level of debt than the average (57.3%)
99.7% - Steer Property Ltd
57.3% - Industry AVG
STEER PROPERTY LTD financials
EXPORT
Steer Property Ltd's latest turnover from March 2024 is estimated at £122.7 thousand and the company has net assets of £181. According to their latest financial statements, Steer Property Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Turnover
122,698
66,999
63,126
29,987
30,171
6,225
Other Income Or Grants
Cost Of Sales
89,098
46,995
42,198
21,127
20,817
4,273
Gross Profit
33,601
20,005
20,928
8,860
9,354
1,953
Admin Expenses
33,967
20,552
30,745
18,478
-15,635
1,978
Operating Profit
-366
-547
-9,817
-9,618
24,989
-25
Interest Payable
Interest Receivable
152
53
44
84
Pre-Tax Profit
-366
-547
-9,665
-9,565
25,032
59
Tax
-4,756
-11
Profit After Tax
-366
-547
-9,665
-9,565
20,276
48
Dividends Paid
Retained Profit
-366
-547
-9,665
-9,565
20,276
48
Employee Costs
39,933
39,419
38,658
36,366
36,146
36,342
Number Of Employees
1
1
1
1
1
1
EBITDA*
-366
-547
-9,817
-9,432
25,098
52
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Tangible Assets
130
185
247
329
329
438
Intangible Assets
Investments & Other
1
Debtors (Due After 1 year)
Total Fixed Assets
131
185
247
329
329
438
Stock & work in progress
Trade Debtors
58,136
28,755
26,420
5,002
3,885
1,998
Group Debtors
Misc Debtors
Cash
40,487
64,792
22,376
misc current assets
1
total current assets
58,136
28,755
26,420
45,489
68,678
24,374
total assets
58,267
28,940
26,667
45,818
69,007
24,812
Bank overdraft
Bank loan
Trade Creditors
53,412
19,116
24,494
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
34,897
48,521
24,581
total current liabilities
53,412
19,116
24,494
34,897
48,521
24,581
loans
hp & lease commitments
Accruals and Deferred Income
1,621
1,079
other liabilities
4,674
7,656
provisions
62
62
83
total long term liabilities
4,674
9,277
1,079
62
62
83
total liabilities
58,086
28,393
25,573
34,959
48,583
24,664
net assets
181
547
1,094
10,859
20,424
148
total shareholders funds
181
547
1,094
10,859
20,424
148
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Operating Activities
Operating Profit
-366
-547
-9,817
-9,618
24,989
-25
Depreciation
186
109
77
Amortisation
Tax
-4,756
-11
Stock
Debtors
29,381
2,335
21,418
1,117
1,887
1,998
Creditors
34,296
-5,378
24,494
Accruals and Deferred Income
-1,621
542
-33,818
-13,624
23,940
24,581
Deferred Taxes & Provisions
-62
-21
83
Cash flow from operations
2,928
-7,718
-40,621
-24,173
42,374
22,707
Investing Activities
capital expenditure
55
62
82
-186
-515
Change in Investments
1
cash flow from investments
54
62
82
-186
-515
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-2,982
7,656
share issue
-100
100
interest
152
53
44
84
cash flow from financing
-2,982
7,656
52
53
44
184
cash and cash equivalents
cash
-40,487
-24,305
42,416
22,376
overdraft
change in cash
-40,487
-24,305
42,416
22,376
steer property ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for steer property ltd. Get real-time insights into steer property ltd's credit score, group structure and payment trends.
Perform a competitor analysis for steer property ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SK8 area or any other competitors across 12 key performance metrics.
steer property ltd Ownership
STEER PROPERTY LTD group structure
Steer Property Ltd has no subsidiary companies.
Ultimate parent company
STEER PROPERTY LTD
11455940
STEER PROPERTY LTD Shareholders
The sole shareholder of Steer Property Ltd is James Steer.
james steer
100%
steer property ltd directors
Steer Property Ltd currently has 1 director, Mr James Steer serving since Jul 2018.
68320 - Management of real estate on a fee or contract basis
incorporation date
July 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
magnify property ltd (October 2024)
accountant
-
auditor
-
address
c/o cutts and co, three acres lane, cheadle, SK8 6RL
Bank
-
Legal Advisor
-
steer property 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 steer property ltd.
steer property ltd 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.
Click to start generating capital raising & share issue transactions for STEER PROPERTY LTD. This can take several minutes, an email will notify you when this has completed.
steer property ltdCompanies House Filings - See Documents
