bricks and flips property ltd
bricks and flips property ltd Company Information
Company Number
12257266
Next Accounts
Jul 2025
Industry
Buying and selling of own real estate
Directors
Shareholders
gurtej kalra-phull
Group Structure
View All
Contact
Registered Address
50 lancaster lancaster road, hitchin, SG5 1PD
Website
-bricks and flips property ltd Estimated Valuation
Pomanda estimates the enterprise value of BRICKS AND FLIPS PROPERTY LTD at £547.6k based on a Turnover of £185.9k and 2.95x industry multiple (adjusted for size and gross margin).
bricks and flips property ltd Estimated Valuation
Pomanda estimates the enterprise value of BRICKS AND FLIPS PROPERTY LTD at £0 based on an EBITDA of £-40.3k and a 6.08x industry multiple (adjusted for size and gross margin).
bricks and flips property ltd Estimated Valuation
Pomanda estimates the enterprise value of BRICKS AND FLIPS PROPERTY LTD at £197.4k based on Net Assets of £127.5k and 1.55x industry multiple (adjusted for liquidity).
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Bricks And Flips Property Ltd Overview
Bricks And Flips Property Ltd is a live company located in hitchin, SG5 1PD with a Companies House number of 12257266. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2019, it's largest shareholder is gurtej kalra-phull with a 100% stake. Bricks And Flips Property Ltd is a young, micro sized company, Pomanda has estimated its turnover at £185.9k with declining growth in recent years.
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Bricks And Flips Property Ltd Health Check
Pomanda's financial health check has awarded Bricks And Flips Property Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
4 Weak
Size
annual sales of £185.9k, make it smaller than the average company (£842.1k)
- Bricks And Flips Property Ltd
£842.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (2.6%)
- Bricks And Flips Property Ltd
2.6% - Industry AVG
Production
with a gross margin of 69.2%, this company has a comparable cost of product (69.2%)
- Bricks And Flips Property Ltd
69.2% - Industry AVG
Profitability
an operating margin of -21.7% make it less profitable than the average company (25%)
- Bricks And Flips Property Ltd
25% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Bricks And Flips Property Ltd
4 - Industry AVG
Pay Structure
on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)
- Bricks And Flips Property Ltd
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £185.9k, this is equally as efficient (£185.9k)
- Bricks And Flips Property Ltd
£185.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Bricks And Flips Property Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Bricks And Flips Property Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bricks And Flips Property Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (9 weeks)
55 weeks - Bricks And Flips Property Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.9%, this is a similar level of debt than the average (65%)
70.9% - Bricks And Flips Property Ltd
65% - Industry AVG
BRICKS AND FLIPS PROPERTY LTD financials
Bricks And Flips Property Ltd's latest turnover from October 2023 is estimated at £185.9 thousand and the company has net assets of £127.5 thousand. According to their latest financial statements, Bricks And Flips Property Ltd has 1 employee and maintains cash reserves of £71.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 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 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 295,000 | 842,513 | 540,000 | 250,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 295,000 | 842,513 | 540,000 | 250,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 51,516 | 10,100 | 23,967 | 16,367 |
| Cash | 71,630 | 61,176 | 29,554 | 40,141 |
| misc current assets | 19,699 | 0 | 0 | 1 |
| total current assets | 142,845 | 71,276 | 53,521 | 56,509 |
| total assets | 437,845 | 913,789 | 593,521 | 306,509 |
| Bank overdraft | 5,308 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 13,990 | 38,298 | 3,729 | 2,601 |
| other short term finances | 0 | 328,002 | 128,002 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 48,268 | 40,012 | 65,882 | 6,201 |
| total current liabilities | 67,566 | 406,312 | 197,613 | 8,802 |
| loans | 224,672 | 235,157 | 241,712 | 237,435 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 18,114 | 63,417 | 43,119 | 0 |
| total long term liabilities | 242,786 | 298,574 | 284,831 | 237,435 |
| total liabilities | 310,352 | 704,886 | 482,444 | 246,237 |
| net assets | 127,493 | 208,903 | 111,077 | 60,272 |
| total shareholders funds | 127,493 | 208,903 | 111,077 | 60,272 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 41,416 | -13,867 | 7,600 | 16,367 |
| Creditors | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 8,256 | -25,870 | 59,681 | 6,201 |
| Deferred Taxes & Provisions | -45,303 | 20,298 | 43,119 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -547,513 | 302,513 | 290,000 | 250,000 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -24,308 | 34,569 | 1,128 | 2,601 |
| Other Short Term Loans | -328,002 | 200,000 | 128,002 | 0 |
| Long term loans | -10,485 | -6,555 | 4,277 | 237,435 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 10,454 | 31,622 | -10,587 | 40,141 |
| overdraft | 5,308 | 0 | 0 | 0 |
| change in cash | 5,146 | 31,622 | -10,587 | 40,141 |
bricks and flips property ltd Credit Report and Business Information
Bricks And Flips Property Ltd Competitor Analysis
Perform a competitor analysis for bricks and flips property ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SG5 area or any other competitors across 12 key performance metrics.
bricks and flips property ltd Ownership
BRICKS AND FLIPS PROPERTY LTD group structure
Bricks And Flips Property Ltd has no subsidiary companies.
Ultimate parent company
BRICKS AND FLIPS PROPERTY LTD
12257266
bricks and flips property ltd directors
Bricks And Flips Property Ltd currently has 1 director, Mr Gurtej Kalra-Phull serving since Oct 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gurtej Kalra-Phull | England | 31 years | Oct 2019 | - | Director |
P&L
October 2023turnover
185.9k
+2%
operating profit
-40.3k
0%
gross margin
69.2%
+3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
127.5k
-0.39%
total assets
437.8k
-0.52%
cash
71.6k
+0.17%
net assets
Total assets minus all liabilities
Similar Companies
bricks and flips property ltd company details
company number
12257266
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
October 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
ASTONIA ASSOCIATES LTD
auditor
-
address
50 lancaster lancaster road, hitchin, SG5 1PD
Bank
-
Legal Advisor
-
bricks and flips 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 4 charges/mortgages relating to bricks and flips property ltd. Currently there are 3 open charges and 1 have been satisfied in the past.
bricks and flips 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.
Click to start generating capital raising & share issue transactions for BRICKS AND FLIPS PROPERTY LTD. This can take several minutes, an email will notify you when this has completed.
bricks and flips property ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
