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
c/o n r betts & co, 2 fountain court, st albans, hertfordshire, AL1 3TF
Website
-
1st city properties ltdEstimated Valuation
£591.5k
Pomanda estimates the enterprise value of 1ST CITY PROPERTIES LTD at £591.5k based on a Turnover of £186.7k and 3.17x industry multiple (adjusted for size and gross margin).
1st city properties ltdEstimated Valuation
£553.6k
Pomanda estimates the enterprise value of 1ST CITY PROPERTIES LTD at £553.6k based on an EBITDA of £89.8k and a 6.17x industry multiple (adjusted for size and gross margin).
1st city properties ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of 1ST CITY PROPERTIES LTD at £0 based on Net Assets of £-3.6k and 1.68x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
1st City Properties LtdOverview
1st City Properties Ltd is a live company located in st albans, AL1 3TF with a Companies House number of 11930200. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2019, it's largest shareholder is
connor mccullough
with a 75% stake. 1st City Properties Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£186.7k with
rapid
growth in recent years.
Pomanda's financial health check has awarded 1St City Properties Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
3 Regular
4 Weak
Size
annual sales of £186.7k, make it smaller than the average company (£919k)
£186.7k - 1st City Properties Ltd
£919k - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (5.5%)
30% - 1st City Properties Ltd
5.5% - Industry AVG
Production
with a gross margin of 73%, this company has a comparable cost of product (73%)
73% - 1st City Properties Ltd
73% - Industry AVG
Profitability
an operating margin of 47.3% make it more profitable than the average company (27.8%)
47.3% - 1st City Properties Ltd
27.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - 1st City Properties Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.9k, the company has an equivalent pay structure (£33.9k)
£33.9k - 1st City Properties Ltd
£33.9k - Industry AVG
Efficiency
resulting in sales per employee of £186.7k, this is equally as efficient (£186.7k)
£186.7k - 1st City Properties Ltd
£186.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - 1st City Properties Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - 1st City Properties Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 1st City Properties Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - 1st City Properties Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.2%, this is a higher level of debt than the average (70.2%)
100.2% - 1st City Properties Ltd
70.2% - Industry AVG
1ST CITY PROPERTIES LTD financials
EXPORT
1St City Properties Ltd's latest turnover from April 2024 is estimated at £186.7 thousand and the company has net assets of -£3.6 thousand. According to their latest financial statements, 1St City Properties Ltd has 1 employee and maintains cash reserves of £5.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Turnover
186,746
101,353
90,025
84,971
145,198
Other Income Or Grants
Cost Of Sales
50,443
27,912
25,102
24,597
40,415
Gross Profit
136,303
73,441
64,923
60,374
104,783
Admin Expenses
48,043
4,536
6,847
66,656
114,221
Operating Profit
88,260
68,905
58,076
-6,282
-9,438
Interest Payable
82,798
58,899
27,838
18,679
5,973
Interest Receivable
285
437
97
6
1
Pre-Tax Profit
5,748
10,444
30,335
-24,955
-15,410
Tax
-1,437
-2,611
-5,764
Profit After Tax
4,311
7,833
24,571
-24,955
-15,410
Dividends Paid
Retained Profit
4,311
7,833
24,571
-24,955
-15,410
Employee Costs
33,898
31,195
30,348
27,431
28,087
Number Of Employees
1
1
1
1
1
EBITDA*
89,750
70,090
59,137
-5,674
-9,438
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Tangible Assets
6,032
4,397
3,886
3,132
Intangible Assets
Investments & Other
1,484,799
1,374,797
870,051
570,841
268,151
Debtors (Due After 1 year)
Total Fixed Assets
1,490,831
1,379,194
873,937
573,973
268,151
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
3,460
24,000
Cash
5,417
5,457
15,118
10,827
1,502
misc current assets
total current assets
5,417
8,917
39,118
10,827
1,502
total assets
1,496,248
1,388,111
913,055
584,800
269,653
Bank overdraft
10,000
10,000
10,000
Bank loan
Trade Creditors
1,753
1,573
8,757
Group/Directors Accounts
480,189
368,519
228,519
191,269
88,169
other short term finances
hp & lease commitments
other current liabilities
288,716
284,792
290,485
8,534
1,034
total current liabilities
778,905
665,064
530,577
208,560
89,203
loans
720,973
730,988
398,252
416,585
195,840
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
720,973
730,988
398,252
416,585
195,840
total liabilities
1,499,878
1,396,052
928,829
625,145
285,043
net assets
-3,630
-7,941
-15,774
-40,345
-15,390
total shareholders funds
-3,630
-7,941
-15,774
-40,345
-15,390
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Operating Activities
Operating Profit
88,260
68,905
58,076
-6,282
-9,438
Depreciation
1,490
1,185
1,061
608
Amortisation
Tax
-1,437
-2,611
-5,764
Stock
Debtors
-3,460
-20,540
24,000
Creditors
-1,753
180
-7,184
8,757
Accruals and Deferred Income
3,924
-5,693
281,951
7,500
1,034
Deferred Taxes & Provisions
Cash flow from operations
93,944
82,506
304,140
10,583
-8,404
Investing Activities
capital expenditure
-3,125
-1,696
-1,815
-3,740
Change in Investments
110,002
504,746
299,210
302,690
268,151
cash flow from investments
-113,127
-506,442
-301,025
-306,430
-268,151
Financing Activities
Bank loans
Group/Directors Accounts
111,670
140,000
37,250
103,100
88,169
Other Short Term Loans
Long term loans
-10,015
332,736
-18,333
220,745
195,840
Hire Purchase and Lease Commitments
other long term liabilities
share issue
20
interest
-82,513
-58,462
-27,741
-18,673
-5,972
cash flow from financing
19,142
414,274
-8,824
305,172
278,057
cash and cash equivalents
cash
-40
-9,661
4,291
9,325
1,502
overdraft
10,000
change in cash
-40
-9,661
-5,709
9,325
1,502
1st city properties 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 1st city properties ltd. Get real-time insights into 1st city properties ltd's credit score, group structure and payment trends.
Perform a competitor analysis for 1st city properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in AL1 area or any other competitors across 12 key performance metrics.
1st city properties ltd Ownership
1ST CITY PROPERTIES LTD group structure
1St City Properties Ltd has no subsidiary companies.
Ultimate parent company
1ST CITY PROPERTIES LTD
11930200
1ST CITY PROPERTIES LTD Shareholders
The largest shareholders in 1St City Properties Ltd include Connor Mccullough and Derek Mccullough.
connor mccullough
75%
derek mccullough
25%
1st city properties ltd directors
1St City Properties Ltd currently has 3 directors.
The longest serving directors include
Mr Connor McCullough (Apr 2019) and
Mr Derek McCullough (Oct 2019).
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
April 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
c/o n r betts & co, 2 fountain court, st albans, hertfordshire, AL1 3TF
Bank
-
Legal Advisor
-
1st city properties 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 4 charges/mortgages relating to 1st city properties ltd. Currently there are 4 open charges and 0 have been satisfied in the past.
1st city properties 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 1ST CITY PROPERTIES LTD. This can take several minutes, an email will notify you when this has completed.
1st city properties ltdCompanies House Filings - See Documents
