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
44 montague avenue, leigh-on-sea, SS9 3SL
Website
-
83 rentals ltdEstimated Valuation
£337.9k
Pomanda estimates the enterprise value of 83 RENTALS LTD at £337.9k based on a Turnover of £147.8k and 2.29x industry multiple (adjusted for size and gross margin).
83 rentals ltdEstimated Valuation
£16.5k
Pomanda estimates the enterprise value of 83 RENTALS LTD at £16.5k based on an EBITDA of £3.7k and a 4.45x industry multiple (adjusted for size and gross margin).
83 rentals ltdEstimated Valuation
£2k
Pomanda estimates the enterprise value of 83 RENTALS LTD at £2k based on Net Assets of £1.2k and 1.68x industry multiple (adjusted for liquidity).
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83 Rentals LtdOverview
83 Rentals Ltd is a live company located in leigh-on-sea, SS9 3SL with a Companies House number of 12205846. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2019, it's largest shareholder is
gavin eade
with a 25% stake. 83 Rentals Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£147.8k with
rapid
growth in recent years.
Pomanda's financial health check has awarded 83 Rentals Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
7 Weak
Size
annual sales of £147.8k, make it smaller than the average company (£843k)
£147.8k - 83 Rentals Ltd
£843k - Industry AVG
Growth
3 year (CAGR) sales growth of 403%, show it is growing at a faster rate (2.8%)
403% - 83 Rentals Ltd
2.8% - Industry AVG
Production
with a gross margin of 29.8%, this company has a higher cost of product (72.5%)
29.8% - 83 Rentals Ltd
72.5% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (27.7%)
2.5% - 83 Rentals Ltd
27.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - 83 Rentals Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.2k, the company has an equivalent pay structure (£32.2k)
£32.2k - 83 Rentals Ltd
£32.2k - Industry AVG
Efficiency
resulting in sales per employee of £147.8k, this is less efficient (£180.6k)
£147.8k - 83 Rentals Ltd
£180.6k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (33 days)
74 days - 83 Rentals Ltd
33 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - 83 Rentals Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 83 Rentals Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 83 Rentals Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (68.1%)
99.3% - 83 Rentals Ltd
68.1% - Industry AVG
83 RENTALS LTD financials
EXPORT
83 Rentals Ltd's latest turnover from September 2023 is estimated at £147.8 thousand and the company has net assets of £1.2 thousand. According to their latest financial statements, we estimate that 83 Rentals Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Turnover
147,780
8,611
3,660
1,164
Other Income Or Grants
Cost Of Sales
103,708
6,179
2,695
836
Gross Profit
44,072
2,432
965
328
Admin Expenses
40,364
1,854
1,014
2,335
Operating Profit
3,708
578
-49
-2,007
Interest Payable
Interest Receivable
Pre-Tax Profit
3,708
578
-49
-2,007
Tax
-927
-110
Profit After Tax
2,781
468
-49
-2,007
Dividends Paid
Retained Profit
2,781
468
-49
-2,007
Employee Costs
32,241
30,831
28,535
28,093
Number Of Employees
1
1
1
1
EBITDA*
3,708
578
-49
-2,007
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Tangible Assets
147,510
57,510
57,510
57,510
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
147,510
57,510
57,510
57,510
Stock & work in progress
Trade Debtors
30,254
1,738
766
215
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
30,254
1,738
766
215
total assets
177,764
59,248
58,276
57,725
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
176,571
60,836
60,332
59,732
provisions
total long term liabilities
176,571
60,836
60,332
59,732
total liabilities
176,571
60,836
60,332
59,732
net assets
1,193
-1,588
-2,056
-2,007
total shareholders funds
1,193
-1,588
-2,056
-2,007
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Operating Activities
Operating Profit
3,708
578
-49
-2,007
Depreciation
Amortisation
Tax
-927
-110
Stock
Debtors
28,516
972
551
215
Creditors
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-25,735
-504
-600
-2,222
Investing Activities
capital expenditure
-90,000
-57,510
Change in Investments
cash flow from investments
-90,000
-57,510
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
115,735
504
600
59,732
share issue
interest
cash flow from financing
115,735
504
600
59,732
cash and cash equivalents
cash
overdraft
change in cash
83 rentals 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 83 rentals ltd. Get real-time insights into 83 rentals ltd's credit score, group structure and payment trends.
Perform a competitor analysis for 83 rentals ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SS9 area or any other competitors across 12 key performance metrics.
83 rentals ltd Ownership
83 RENTALS LTD group structure
83 Rentals Ltd has no subsidiary companies.
Ultimate parent company
83 RENTALS LTD
12205846
83 RENTALS LTD Shareholders
The largest shareholders in 83 Rentals Ltd include Gavin Eade and Andrew Wilson.
gavin eade
25%
andrew wilson
25%
joseph atkinson
25%
daniel legge
25%
83 rentals ltd directors
83 Rentals Ltd currently has 4 directors.
The longest serving directors include
Mr Gavin Eade (Sep 2019) and
Mr Andrew Wilson (Sep 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
September 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
44 montague avenue, leigh-on-sea, SS9 3SL
Bank
-
Legal Advisor
-
83 rentals 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 83 rentals ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
83 rentals 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 83 RENTALS LTD. This can take several minutes, an email will notify you when this has completed.
83 rentals ltdCompanies House Filings - See Documents
