allcet lettings ltd

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allcet lettings ltd Company Information

Share ALLCET LETTINGS LTD

Company Number

12086735

Shareholders

bracha lichtman

benjamin zev sanger

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

c/o 32 castlewood road, london, N16 6DW

allcet lettings ltd Estimated Valuation

£566k

Pomanda estimates the enterprise value of ALLCET LETTINGS LTD at £566k based on a Turnover of £243.7k and 2.32x industry multiple (adjusted for size and gross margin).

allcet lettings ltd Estimated Valuation

£64.3k

Pomanda estimates the enterprise value of ALLCET LETTINGS LTD at £64.3k based on an EBITDA of £14.2k and a 4.54x industry multiple (adjusted for size and gross margin).

allcet lettings ltd Estimated Valuation

£52.5k

Pomanda estimates the enterprise value of ALLCET LETTINGS LTD at £52.5k based on Net Assets of £30.1k and 1.75x industry multiple (adjusted for liquidity).

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Allcet Lettings Ltd Overview

Allcet Lettings Ltd is a live company located in london, N16 6DW with a Companies House number of 12086735. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2019, it's largest shareholder is bracha lichtman with a 50% stake. Allcet Lettings Ltd is a young, micro sized company, Pomanda has estimated its turnover at £243.7k with healthy growth in recent years.

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Allcet Lettings Ltd Health Check

Pomanda's financial health check has awarded Allcet Lettings Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £243.7k, make it smaller than the average company (£1.1m)

£243.7k - Allcet Lettings Ltd

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3.6%)

8% - Allcet Lettings Ltd

3.6% - Industry AVG

production

Production

with a gross margin of 26.7%, this company has a higher cost of product (70.8%)

26.7% - Allcet Lettings Ltd

70.8% - Industry AVG

profitability

Profitability

an operating margin of 5.8% make it less profitable than the average company (21.7%)

5.8% - Allcet Lettings Ltd

21.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Allcet Lettings Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)

£33.1k - Allcet Lettings Ltd

£33.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £121.9k, this is less efficient (£202.5k)

£121.9k - Allcet Lettings Ltd

£202.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 113 days, this is later than average (33 days)

113 days - Allcet Lettings Ltd

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 13 days, this is quicker than average (34 days)

13 days - Allcet Lettings Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Allcet Lettings Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Allcet Lettings Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 60.7%, this is a lower level of debt than the average (71.4%)

60.7% - Allcet Lettings Ltd

71.4% - Industry AVG

ALLCET LETTINGS LTD financials

EXPORTms excel logo

Allcet Lettings Ltd's latest turnover from December 2023 is estimated at £243.7 thousand and the company has net assets of £30.1 thousand. According to their latest financial statements, Allcet Lettings Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Jul 2020
Turnover243,733217,648214,055192,654
Other Income Or Grants
Cost Of Sales178,619164,018162,696137,133
Gross Profit65,11453,63151,35955,521
Admin Expenses50,96250,17133,68652,631
Operating Profit14,1523,46017,6732,890
Interest Payable
Interest Receivable
Pre-Tax Profit14,1523,46017,6732,890
Tax-3,538-657-3,358-549
Profit After Tax10,6142,80314,3152,341
Dividends Paid
Retained Profit10,6142,80314,3152,341
Employee Costs66,14562,79360,37755,050
Number Of Employees2222
EBITDA*14,1523,46017,6732,890

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Jul 2020
Tangible Assets6658311,039320
Intangible Assets
Investments & Other2222
Debtors (Due After 1 year)
Total Fixed Assets6678331,041322
Stock & work in progress
Trade Debtors75,85072,00773,67756,327
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets75,85072,00773,67756,327
total assets76,51772,84074,71856,649
Bank overdraft
Bank loan
Trade Creditors 6,5717,1387,1743,828
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities6,5717,1387,1743,828
loans
hp & lease commitments
Accruals and Deferred Income7501,560780480
other liabilities39,12344,68350,10850,000
provisions
total long term liabilities39,87346,24350,88850,480
total liabilities46,44453,38158,06254,308
net assets30,07319,45916,6562,341
total shareholders funds30,07319,45916,6562,341
Dec 2023Dec 2022Dec 2021Jul 2020
Operating Activities
Operating Profit14,1523,46017,6732,890
Depreciation
Amortisation
Tax-3,538-657-3,358-549
Stock
Debtors3,843-1,67017,35056,327
Creditors-567-363,3463,828
Accruals and Deferred Income-810780300480
Deferred Taxes & Provisions
Cash flow from operations5,3945,217611-49,678
Investing Activities
capital expenditure166208-719-320
Change in Investments2
cash flow from investments166208-719-322
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-5,560-5,42510850,000
share issue
interest
cash flow from financing-5,560-5,42510850,000
cash and cash equivalents
cash
overdraft
change in cash

allcet lettings 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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Allcet Lettings Ltd Competitor Analysis

competitor_analysis_table_img

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

allcet lettings ltd Ownership

ALLCET LETTINGS LTD group structure

Allcet Lettings Ltd has no subsidiary companies.

Ultimate parent company

ALLCET LETTINGS LTD

12086735

ALLCET LETTINGS LTD Shareholders

bracha lichtman 50%
benjamin zev sanger 50%

allcet lettings ltd directors

Allcet Lettings Ltd currently has 3 directors. The longest serving directors include Mrs Bracha Lichtman (Jul 2019) and Mr Benjamin Sanger (Jul 2019).

officercountryagestartendrole
Mrs Bracha Lichtman30 years Jul 2019- Director
Mr Benjamin SangerUnited Kingdom33 years Jul 2019- Director
Mrs Leah SangerEngland32 years Jan 2020- Director

P&L

December 2023

turnover

243.7k

+12%

operating profit

14.2k

0%

gross margin

26.8%

+8.42%

turnover

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

Balance Sheet

December 2023

net assets

30.1k

+0.55%

total assets

76.5k

+0.05%

cash

0

0%

net assets

Total assets minus all liabilities

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allcet lettings ltd company details

company number

12086735

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

July 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

c/o 32 castlewood road, london, N16 6DW

Bank

-

Legal Advisor

-

allcet lettings 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 did not find charges/mortgages relating to allcet lettings ltd.

allcet lettings 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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allcet lettings ltd Companies House Filings - See Documents

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