n16 property ltd

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n16 property ltd Company Information

Share N16 PROPERTY LTD

Company Number

11526395

Directors

Yehuda Gross

Moshe Gross

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Shareholders

yehuda gross

moshe gross

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

29 11 lippa court, 29 reizel close, london, N16 5GZ

Website

-

n16 property ltd Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of N16 PROPERTY LTD at £2.2m based on a Turnover of £915k and 2.39x industry multiple (adjusted for size and gross margin).

n16 property ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of N16 PROPERTY LTD at £0 based on an EBITDA of £-164.6k and a 4.8x industry multiple (adjusted for size and gross margin).

n16 property ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of N16 PROPERTY LTD at £0 based on Net Assets of £-336k and 1.76x industry multiple (adjusted for liquidity).

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N16 Property Ltd Overview

N16 Property Ltd is a live company located in london, N16 5GZ with a Companies House number of 11526395. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2018, it's largest shareholder is yehuda gross with a 66.7% stake. N16 Property Ltd is a young, small sized company, Pomanda has estimated its turnover at £915k with declining growth in recent years.

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N16 Property Ltd Health Check

Pomanda's financial health check has awarded N16 Property Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £915k, make it in line with the average company (£830.9k)

£915k - N16 Property Ltd

£830.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (2.6%)

-4% - N16 Property Ltd

2.6% - Industry AVG

production

Production

with a gross margin of 30%, this company has a higher cost of product (72.8%)

30% - N16 Property Ltd

72.8% - Industry AVG

profitability

Profitability

an operating margin of -18% make it less profitable than the average company (26.5%)

-18% - N16 Property Ltd

26.5% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (4)

3 - N16 Property Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)

£31.2k - N16 Property Ltd

£31.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £305k, this is more efficient (£179k)

£305k - N16 Property Ltd

£179k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 45 days, this is later than average (32 days)

45 days - N16 Property Ltd

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1005 days, this is slower than average (35 days)

1005 days - N16 Property Ltd

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - N16 Property Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - N16 Property Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 123.5%, this is a higher level of debt than the average (67.8%)

123.5% - N16 Property Ltd

67.8% - Industry AVG

N16 PROPERTY LTD financials

EXPORTms excel logo

N16 Property Ltd's latest turnover from August 2023 is estimated at £915 thousand and the company has net assets of -£336 thousand. According to their latest financial statements, we estimate that N16 Property Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019
Turnover914,973854,903534,2141,035,7461,117,433
Other Income Or Grants00000
Cost Of Sales640,720607,570388,348730,359788,297
Gross Profit274,253247,332145,865305,387329,136
Admin Expenses438,876384,202370,559307,18792,217
Operating Profit-164,623-136,870-224,694-1,800236,919
Interest Payable00000
Interest Receivable037200
Pre-Tax Profit-164,623-136,833-224,692-1,800236,919
Tax0000-45,015
Profit After Tax-164,623-136,833-224,692-1,800191,904
Dividends Paid00000
Retained Profit-164,623-136,833-224,692-1,800191,904
Employee Costs93,58489,53254,43681,49582,675
Number Of Employees33233
EBITDA*-164,623-136,870-224,694-1,800236,919

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019
Tangible Assets1,317,1621,262,653000
Intangible Assets00000
Investments & Other001,168,42300
Debtors (Due After 1 year)00000
Total Fixed Assets1,317,1621,262,6531,168,42300
Stock & work in progress00000
Trade Debtors113,476113,47046,600190,104191,904
Group Debtors00000
Misc Debtors00000
Cash004,25700
misc current assets00000
total current assets113,476113,47050,857190,104191,904
total assets1,430,6381,376,1231,219,280190,104191,904
Bank overdraft00000
Bank loan00000
Trade Creditors 1,764,5221,545,9841,253,86500
Group/Directors Accounts00000
other short term finances00000
hp & lease commitments00000
other current liabilities00000
total current liabilities1,764,5221,545,9841,253,86500
loans00000
hp & lease commitments00000
Accruals and Deferred Income2,1601,560000
other liabilities00000
provisions00000
total long term liabilities2,1601,560000
total liabilities1,766,6821,547,5441,253,86500
net assets-336,044-171,421-34,585190,104191,904
total shareholders funds-336,044-171,421-34,585190,104191,904
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019
Operating Activities
Operating Profit-164,623-136,870-224,694-1,800236,919
Depreciation00000
Amortisation00000
Tax0000-45,015
Stock00000
Debtors666,870-143,504-1,800191,904
Creditors218,538292,1191,253,86500
Accruals and Deferred Income6001,560000
Deferred Taxes & Provisions00000
Cash flow from operations54,50989,9391,172,67500
Investing Activities
capital expenditure-54,509-1,262,653000
Change in Investments0-1,168,4231,168,42300
cash flow from investments-54,509-94,230-1,168,42300
Financing Activities
Bank loans00000
Group/Directors Accounts00000
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities00000
share issue0-3300
interest037200
cash flow from financing034500
cash and cash equivalents
cash0-4,2574,25700
overdraft00000
change in cash0-4,2574,25700

n16 property ltd 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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N16 Property Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for n16 property ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in N16 area or any other competitors across 12 key performance metrics.

n16 property ltd Ownership

N16 PROPERTY LTD group structure

N16 Property Ltd has no subsidiary companies.

Ultimate parent company

N16 PROPERTY LTD

11526395

N16 PROPERTY LTD Shareholders

yehuda gross 66.67%
moshe gross 33.33%

n16 property ltd directors

N16 Property Ltd currently has 3 directors. The longest serving directors include Mr Yehuda Gross (Aug 2018) and Mr Moshe Gross (Aug 2018).

officercountryagestartendrole
Mr Yehuda GrossEngland30 years Aug 2018- Director
Mr Moshe GrossEngland25 years Aug 2018- Director
Mrs Leah FinkUnited Kingdom30 years Jan 2025- Director

P&L

August 2023

turnover

915k

+7%

operating profit

-164.6k

0%

gross margin

30%

+3.6%

turnover

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

Balance Sheet

August 2023

net assets

-336k

+0.96%

total assets

1.4m

+0.04%

cash

0

0%

net assets

Total assets minus all liabilities

n16 property ltd company details

company number

11526395

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

August 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2023

previous names

N/A

accountant

-

auditor

-

address

29 11 lippa court, 29 reizel close, london, N16 5GZ

Bank

-

Legal Advisor

-

n16 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 found 6 charges/mortgages relating to n16 property ltd. Currently there are 6 open charges and 0 have been satisfied in the past.

n16 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.

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n16 property ltd Companies House Filings - See Documents

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