assetal apartments ltd
assetal apartments ltd Company Information
Company Number
11904170
Next Accounts
May 2025
Shareholders
sushil babbar
mithun babbar
Group Structure
View All
Industry
Development of building projects
+2Registered Address
countrywide house, 23 west bar street, banbury, OX16 9SA
Website
-assetal apartments ltd Estimated Valuation
Pomanda estimates the enterprise value of ASSETAL APARTMENTS LTD at £2.6m based on a Turnover of £1.6m and 1.67x industry multiple (adjusted for size and gross margin).
assetal apartments ltd Estimated Valuation
Pomanda estimates the enterprise value of ASSETAL APARTMENTS LTD at £3.6k based on an EBITDA of £894 and a 4.01x industry multiple (adjusted for size and gross margin).
assetal apartments ltd Estimated Valuation
Pomanda estimates the enterprise value of ASSETAL APARTMENTS LTD at £1.5m based on Net Assets of £1m and 1.55x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Assetal Apartments Ltd Overview
Assetal Apartments Ltd is a live company located in banbury, OX16 9SA with a Companies House number of 11904170. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2019, it's largest shareholder is sushil babbar with a 50% stake. Assetal Apartments Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Assetal Apartments Ltd Health Check
Pomanda's financial health check has awarded Assetal Apartments Ltd a 3 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.6m, make it larger than the average company (£1.3m)
- Assetal Apartments Ltd
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2.8%)
- Assetal Apartments Ltd
2.8% - Industry AVG
Production
with a gross margin of 22.1%, this company has a higher cost of product (56.3%)
- Assetal Apartments Ltd
56.3% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (19.9%)
- Assetal Apartments Ltd
19.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Assetal Apartments Ltd
4 - Industry AVG
Pay Structure
on an average salary of £37.8k, the company has an equivalent pay structure (£37.8k)
- Assetal Apartments Ltd
£37.8k - Industry AVG
Efficiency
resulting in sales per employee of £526.3k, this is more efficient (£212.8k)
- Assetal Apartments Ltd
£212.8k - Industry AVG
Debtor Days
it gets paid by customers after 140 days, this is later than average (28 days)
- Assetal Apartments Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (33 days)
- Assetal Apartments Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Assetal Apartments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Assetal Apartments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.2%, this is a lower level of debt than the average (68.4%)
40.2% - Assetal Apartments Ltd
68.4% - Industry AVG
ASSETAL APARTMENTS LTD financials
Assetal Apartments Ltd's latest turnover from August 2023 is estimated at £1.6 million and the company has net assets of £1 million. According to their latest financial statements, Assetal Apartments Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | 3 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|
| Tangible Assets | 1,067,957 | 1,067,957 | 1,067,957 | 997,887 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,067,957 | 1,067,957 | 1,067,957 | 997,887 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 609,626 | 670,832 | 580,359 | 624,227 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 609,626 | 670,832 | 580,359 | 624,227 |
| total assets | 1,677,583 | 1,738,789 | 1,648,316 | 1,622,114 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 34,643 | 91,184 | 26,891 | 27,630 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 34,643 | 91,184 | 26,891 | 27,630 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 640,018 | 645,354 | 630,341 | 630,341 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 640,018 | 645,354 | 630,341 | 630,341 |
| total liabilities | 674,661 | 736,538 | 657,232 | 657,971 |
| net assets | 1,002,922 | 1,002,251 | 991,084 | 964,143 |
| total shareholders funds | 1,002,922 | 1,002,251 | 991,084 | 964,143 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -61,206 | 90,473 | -43,868 | 624,227 |
| Creditors | -56,541 | 64,293 | -739 | 27,630 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -5,336 | 15,013 | 0 | 630,341 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
assetal apartments ltd Credit Report and Business Information
Assetal Apartments Ltd Competitor Analysis
Perform a competitor analysis for assetal apartments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in OX16 area or any other competitors across 12 key performance metrics.
assetal apartments ltd Ownership
ASSETAL APARTMENTS LTD group structure
Assetal Apartments Ltd has no subsidiary companies.
Ultimate parent company
ASSETAL APARTMENTS LTD
11904170
assetal apartments ltd directors
Assetal Apartments Ltd currently has 2 directors. The longest serving directors include Mr Mithun Babbar (Mar 2019) and Mr Sushil Babbar (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mithun Babbar | United Kingdom | 40 years | Mar 2019 | - | Director |
| Mr Sushil Babbar | United Kingdom | 64 years | Mar 2019 | - | Director |
P&L
August 2023turnover
1.6m
-7%
operating profit
894.7
0%
gross margin
22.2%
+0.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
1m
0%
total assets
1.7m
-0.04%
cash
0
0%
net assets
Total assets minus all liabilities
assetal apartments ltd company details
company number
11904170
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
41100 - Development of building projects
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
March 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
ELLACOTTS LLP
auditor
-
address
countrywide house, 23 west bar street, banbury, OX16 9SA
Bank
-
Legal Advisor
-
assetal apartments 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 1 charges/mortgages relating to assetal apartments ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
assetal apartments 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 ASSETAL APARTMENTS LTD. This can take several minutes, an email will notify you when this has completed.
assetal apartments ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
