Management of real estate on a fee or contract basis
+2
Registered Address
unit 1 marsh lane, bristol, BS20 0NH
Website
-
open plan property ltdEstimated Valuation
£76.7k
Pomanda estimates the enterprise value of OPEN PLAN PROPERTY LTD at £76.7k based on a Turnover of £38.3k and 2x industry multiple (adjusted for size and gross margin).
open plan property ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of OPEN PLAN PROPERTY LTD at £0 based on an EBITDA of £-8.6k and a 4.43x industry multiple (adjusted for size and gross margin).
open plan property ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of OPEN PLAN PROPERTY LTD at £0 based on Net Assets of £-94.2k and 1.71x industry multiple (adjusted for liquidity).
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Open Plan Property LtdOverview
Open Plan Property Ltd is a live company located in bristol, BS20 0NH with a Companies House number of 11823543. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2019, it's largest shareholder is
paul mead
with a 50% stake. Open Plan Property Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£38.3k with
declining
growth in recent years.
Pomanda's financial health check has awarded Open Plan Property Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
1 Regular
8 Weak
Size
annual sales of £38.3k, make it smaller than the average company (£704.8k)
£38.3k - Open Plan Property Ltd
£704.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (4.4%)
-30% - Open Plan Property Ltd
4.4% - Industry AVG
Production
with a gross margin of 24.6%, this company has a higher cost of product (68.4%)
24.6% - Open Plan Property Ltd
68.4% - Industry AVG
Profitability
an operating margin of -34% make it less profitable than the average company (19.4%)
-34% - Open Plan Property Ltd
19.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Open Plan Property Ltd
4 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
£36.8k - Open Plan Property Ltd
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £19.2k, this is less efficient (£158.4k)
£19.2k - Open Plan Property Ltd
£158.4k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is earlier than average (35 days)
23 days - Open Plan Property Ltd
35 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (32 days)
6 days - Open Plan Property Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Open Plan Property Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 614 weeks, this is more cash available to meet short term requirements (22 weeks)
614 weeks - Open Plan Property Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.9%, this is a higher level of debt than the average (63.7%)
112.9% - Open Plan Property Ltd
63.7% - Industry AVG
OPEN PLAN PROPERTY LTD financials
EXPORT
Open Plan Property Ltd's latest turnover from February 2024 is estimated at £38.3 thousand and the company has net assets of -£94.2 thousand. According to their latest financial statements, Open Plan Property Ltd has 2 employees and maintains cash reserves of £5.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Turnover
38,335
47,733
82,073
113,612
97,271
Other Income Or Grants
Cost Of Sales
28,912
35,961
62,832
88,314
75,318
Gross Profit
9,423
11,772
19,241
25,298
21,953
Admin Expenses
22,454
85,212
24,929
17,877
23,809
Operating Profit
-13,031
-73,440
-5,688
7,421
-1,856
Interest Payable
3,889
3,650
Interest Receivable
361
160
20
4
Pre-Tax Profit
-12,670
-73,280
-9,557
3,775
-1,856
Tax
-717
Profit After Tax
-12,670
-73,280
-9,557
3,058
-1,856
Dividends Paid
Retained Profit
-12,670
-73,280
-9,557
3,058
-1,856
Employee Costs
73,637
71,399
68,709
64,874
33,856
Number Of Employees
2
2
2
2
1
EBITDA*
-8,631
-73,440
-3,787
7,421
-1,856
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Tangible Assets
722,600
439,672
306,158
113,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
722,600
439,672
306,158
113,000
Stock & work in progress
Trade Debtors
2,461
2,461
13,785
22,935
Group Debtors
Misc Debtors
Cash
5,765
8,002
7,865
misc current assets
total current assets
8,226
10,463
13,785
7,865
22,935
total assets
730,826
450,135
319,943
120,865
22,935
Bank overdraft
119,663
Bank loan
Trade Creditors
488
96,517
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
488
96,517
119,663
loans
hp & lease commitments
231,781
Accruals and Deferred Income
other liabilities
824,543
531,670
24,791
provisions
total long term liabilities
824,543
531,670
231,781
24,791
total liabilities
825,031
531,670
328,298
119,663
24,791
net assets
-94,205
-81,535
-8,355
1,202
-1,856
total shareholders funds
-94,205
-81,535
-8,355
1,202
-1,856
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Operating Activities
Operating Profit
-13,031
-73,440
-5,688
7,421
-1,856
Depreciation
4,400
1,901
Amortisation
Tax
-717
Stock
Debtors
-11,324
13,785
-22,935
22,935
Creditors
488
-96,517
96,517
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-8,143
-158,633
78,945
29,639
-24,791
Investing Activities
capital expenditure
-287,328
-133,514
-195,059
-113,000
Change in Investments
cash flow from investments
-287,328
-133,514
-195,059
-113,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-231,781
231,781
other long term liabilities
292,873
531,670
-24,791
24,791
share issue
100
interest
361
160
-3,869
-3,646
cash flow from financing
293,234
300,149
227,912
-28,437
24,791
cash and cash equivalents
cash
-2,237
8,002
-7,865
7,865
overdraft
-119,663
119,663
change in cash
-2,237
8,002
111,798
-111,798
open plan 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 open plan property ltd. Get real-time insights into open plan property ltd's credit score, group structure and payment trends.
Perform a competitor analysis for open plan property ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BS20 area or any other competitors across 12 key performance metrics.
open plan property ltd Ownership
OPEN PLAN PROPERTY LTD group structure
Open Plan Property Ltd has no subsidiary companies.
Ultimate parent company
OPEN PLAN PROPERTY LTD
11823543
OPEN PLAN PROPERTY LTD Shareholders
The largest shareholders in Open Plan Property Ltd include Paul Mead and Alan Mead.
paul mead
50%
alan mead
50%
open plan property ltd directors
Open Plan Property Ltd currently has 2 directors.
The longest serving directors include
Mr Paul Mead (Feb 2019) and
Mr Alan Mead (Feb 2019).
68320 - Management of real estate on a fee or contract basis
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
February 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
unit 1 marsh lane, bristol, BS20 0NH
Bank
-
Legal Advisor
-
open plan 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 5 charges/mortgages relating to open plan property ltd. Currently there are 5 open charges and 0 have been satisfied in the past.
open plan 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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open plan property ltdCompanies House Filings - See Documents
