flint grove 2 limited
flint grove 2 limited Company Information
Company Number
11762857
Next Accounts
Sep 2025
Directors
Shareholders
707 finchley road limited
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1Registered Address
2nd floor kingsbourne house, 229-231 high holborn, london, WC1V 7DA
Website
-flint grove 2 limited Estimated Valuation
Pomanda estimates the enterprise value of FLINT GROVE 2 LIMITED at £2.3m based on a Turnover of £1.2m and 1.94x industry multiple (adjusted for size and gross margin).
flint grove 2 limited Estimated Valuation
Pomanda estimates the enterprise value of FLINT GROVE 2 LIMITED at £8.4m based on an EBITDA of £1.6m and a 5.17x industry multiple (adjusted for size and gross margin).
flint grove 2 limited Estimated Valuation
Pomanda estimates the enterprise value of FLINT GROVE 2 LIMITED at £35.8m based on Net Assets of £22.7m and 1.58x industry multiple (adjusted for liquidity).
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Flint Grove 2 Limited Overview
Flint Grove 2 Limited is a live company located in london, WC1V 7DA with a Companies House number of 11762857. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2019, it's largest shareholder is 707 finchley road limited with a 100% stake. Flint Grove 2 Limited is a young, small sized company, Pomanda has estimated its turnover at £1.2m with healthy growth in recent years.
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Flint Grove 2 Limited Health Check
Pomanda's financial health check has awarded Flint Grove 2 Limited a 4.5 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 smaller than the average company (£1.8m)
£1.2m - Flint Grove 2 Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.2%)
6% - Flint Grove 2 Limited
4.2% - Industry AVG
Production
with a gross margin of 49%, this company has a comparable cost of product (49%)
49% - Flint Grove 2 Limited
49% - Industry AVG
Profitability
an operating margin of 137.7% make it more profitable than the average company (14.2%)
137.7% - Flint Grove 2 Limited
14.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Flint Grove 2 Limited
5 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Flint Grove 2 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£246.2k)
£1.2m - Flint Grove 2 Limited
£246.2k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (31 days)
15 days - Flint Grove 2 Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (33 days)
2 days - Flint Grove 2 Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Flint Grove 2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Flint Grove 2 Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.7%, this is a lower level of debt than the average (72.5%)
10.7% - Flint Grove 2 Limited
72.5% - Industry AVG
FLINT GROVE 2 LIMITED financials
Flint Grove 2 Limited's latest turnover from December 2023 is £1.2 million and the company has net assets of £22.7 million. According to their latest financial statements, Flint Grove 2 Limited has 1 employee and maintains cash reserves of £29.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 1,180,462 | 1,027,285 | 975,339 | 979,778 | 582,305 |
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | 1,625,018 | 1,361,752 | -1,252,845 | 677,553 | 2,519,480 |
| Interest Payable | 1,031,697 | 572,529 | |||
| Interest Receivable | 48 | 43 | |||
| Pre-Tax Profit | 1,625,018 | 1,361,752 | -1,252,845 | -354,096 | 1,946,994 |
| Tax | -448,711 | -263,168 | 154,865 | -164,486 | -392,700 |
| Profit After Tax | 1,176,307 | 1,098,584 | -1,097,980 | -518,582 | 1,554,294 |
| Dividends Paid | |||||
| Retained Profit | 1,176,307 | 1,098,584 | -1,097,980 | -518,582 | 1,554,294 |
| Employee Costs | |||||
| Number Of Employees | 1 | 1 | 1 | ||
| EBITDA* | 1,633,975 | 1,428,573 | -1,161,702 | 730,063 | 2,560,071 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 16,298 | 12,989 | 65,022 | 154,000 | 200,732 |
| Intangible Assets | |||||
| Investments & Other | 23,170,000 | 22,250,000 | 21,400,000 | 23,050,000 | 23,100,000 |
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 23,186,298 | 22,262,989 | 21,465,022 | 23,204,000 | 23,300,732 |
| Stock & work in progress | |||||
| Trade Debtors | 50,902 | 52,985 | 178,816 | 73,349 | 105,873 |
| Group Debtors | 2,031,207 | 1,277,615 | 448,443 | 117,008 | |
| Misc Debtors | 112,823 | 101,385 | 70,699 | 74,539 | 149,564 |
| Cash | 29,206 | 109,737 | 332,525 | 329,402 | 389 |
| misc current assets | |||||
| total current assets | 2,224,138 | 1,541,722 | 1,030,483 | 594,298 | 255,826 |
| total assets | 25,410,436 | 23,804,711 | 22,495,505 | 23,798,298 | 23,556,558 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 4,517 | 9,987 | 67,903 | 15,982 | 3,834 |
| Group/Directors Accounts | 214,373 | 616,322 | |||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 2,116,779 | 1,911,891 | 1,855,853 | 198,771 | 120,788 |
| total current liabilities | 2,121,296 | 1,921,878 | 1,923,756 | 429,126 | 740,944 |
| loans | 20,299,833 | 20,296,090 | |||
| hp & lease commitments | |||||
| Accruals and Deferred Income | 1,604,226 | 572,529 | |||
| other liabilities | |||||
| provisions | 595,000 | 365,000 | 152,500 | 429,400 | 392,700 |
| total long term liabilities | 595,000 | 365,000 | 152,500 | 22,333,459 | 21,261,319 |
| total liabilities | 2,716,296 | 2,286,878 | 2,076,256 | 22,762,585 | 22,002,263 |
| net assets | 22,694,140 | 21,517,833 | 20,419,249 | 1,035,713 | 1,554,295 |
| total shareholders funds | 22,694,140 | 21,517,833 | 20,419,249 | 1,035,713 | 1,554,295 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 1,625,018 | 1,361,752 | -1,252,845 | 677,553 | 2,519,480 |
| Depreciation | 8,957 | 66,821 | 91,143 | 52,510 | 40,591 |
| Amortisation | |||||
| Tax | -448,711 | -263,168 | 154,865 | -164,486 | -392,700 |
| Stock | |||||
| Debtors | 762,947 | 734,027 | 433,062 | 9,459 | 255,437 |
| Creditors | -5,470 | -57,916 | 51,921 | 12,148 | 3,834 |
| Accruals and Deferred Income | 204,888 | 56,038 | 52,856 | 1,109,680 | 693,317 |
| Deferred Taxes & Provisions | 230,000 | 212,500 | -276,900 | 36,700 | 392,700 |
| Cash flow from operations | 851,735 | 642,000 | -1,612,022 | 1,714,646 | 3,001,785 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 920,000 | 850,000 | -1,650,000 | -50,000 | 23,100,000 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -214,373 | -401,949 | 616,322 | ||
| Other Short Term Loans | |||||
| Long term loans | -20,299,833 | 3,743 | 20,296,090 | ||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | -1,031,649 | -572,486 | |||
| cash flow from financing | -32,690 | -1,429,855 | 20,339,927 | ||
| cash and cash equivalents | |||||
| cash | -80,531 | -222,788 | 3,123 | 329,013 | 389 |
| overdraft | |||||
| change in cash | -80,531 | -222,788 | 3,123 | 329,013 | 389 |
flint grove 2 limited Credit Report and Business Information
Flint Grove 2 Limited Competitor Analysis
Perform a competitor analysis for flint grove 2 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in WC1V area or any other competitors across 12 key performance metrics.
flint grove 2 limited Ownership
FLINT GROVE 2 LIMITED group structure
Flint Grove 2 Limited has no subsidiary companies.
Ultimate parent company
GRAND CITY PROPERTIES SA
#0115482
2 parents
FLINT GROVE 2 LIMITED
11762857
flint grove 2 limited directors
Flint Grove 2 Limited currently has 1 director, Mr Russell Coetzee serving since Sep 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Russell Coetzee | 51 years | Sep 2021 | - | Director |
P&L
December 2023turnover
1.2m
+15%
operating profit
1.6m
+19%
gross margin
49.1%
+0.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
22.7m
+0.05%
total assets
25.4m
+0.07%
cash
29.2k
-0.73%
net assets
Total assets minus all liabilities
flint grove 2 limited company details
company number
11762857
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.
41100 - Development of building projects
incorporation date
January 2019
age
6
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BLICK ROTHENBERG AUDIT LLP
address
2nd floor kingsbourne house, 229-231 high holborn, london, WC1V 7DA
Bank
-
Legal Advisor
-
flint grove 2 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 flint grove 2 limited.
flint grove 2 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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flint grove 2 limited Companies House Filings - See Documents
| date | description | view/download |
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