aspen tower propco 1 ltd
aspen tower propco 1 ltd Company Information
Company Number
12306526
Website
-Registered Address
5 churchill place, 10th floor, london, E14 5HU
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
aspen tower investments ltd 100%
aspen tower propco 1 ltd Estimated Valuation
Pomanda estimates the enterprise value of ASPEN TOWER PROPCO 1 LTD at £24.4m based on a Turnover of £7.7m and 3.17x industry multiple (adjusted for size and gross margin).
aspen tower propco 1 ltd Estimated Valuation
Pomanda estimates the enterprise value of ASPEN TOWER PROPCO 1 LTD at £0 based on an EBITDA of £-46.6m and a 7.71x industry multiple (adjusted for size and gross margin).
aspen tower propco 1 ltd Estimated Valuation
Pomanda estimates the enterprise value of ASPEN TOWER PROPCO 1 LTD at £257.7m based on Net Assets of £183.5m and 1.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Aspen Tower Propco 1 Ltd AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Aspen Tower Propco 1 Ltd Overview
Aspen Tower Propco 1 Ltd is a live company located in london, E14 5HU with a Companies House number of 12306526. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 2019, it's largest shareholder is aspen tower investments ltd with a 100% stake. Aspen Tower Propco 1 Ltd is a young, mid sized company, Pomanda has estimated its turnover at £7.7m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Aspen Tower Propco 1 Ltd Health Check
Pomanda's financial health check has awarded Aspen Tower Propco 1 Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
2 Weak
Size
annual sales of £7.7m, make it larger than the average company (£953.9k)
£7.7m - Aspen Tower Propco 1 Ltd
£953.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Aspen Tower Propco 1 Ltd
- - Industry AVG
Production
with a gross margin of 98.9%, this company has a lower cost of product (70%)
98.9% - Aspen Tower Propco 1 Ltd
70% - Industry AVG
Profitability
an operating margin of -605.9% make it less profitable than the average company (43.2%)
-605.9% - Aspen Tower Propco 1 Ltd
43.2% - Industry AVG
Employees
with 42 employees, this is above the industry average (4)
- Aspen Tower Propco 1 Ltd
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Aspen Tower Propco 1 Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £183.2k, this is equally as efficient (£185.9k)
- Aspen Tower Propco 1 Ltd
£185.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Aspen Tower Propco 1 Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Aspen Tower Propco 1 Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Aspen Tower Propco 1 Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (8 weeks)
1 weeks - Aspen Tower Propco 1 Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.2%, this is a lower level of debt than the average (63%)
47.2% - Aspen Tower Propco 1 Ltd
63% - Industry AVG
aspen tower propco 1 ltd Credit Report and Business Information
Aspen Tower Propco 1 Ltd Competitor Analysis
Perform a competitor analysis for aspen tower propco 1 ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
aspen tower propco 1 ltd Ownership
ASPEN TOWER PROPCO 1 LTD group structure
Aspen Tower Propco 1 Ltd has no subsidiary companies.
Ultimate parent company
ASPEN TOWER INVESTMENTS LTD
#0134019
1 parent
ASPEN TOWER PROPCO 1 LTD
12306526
aspen tower propco 1 ltd directors
Aspen Tower Propco 1 Ltd currently has 4 directors. The longest serving directors include Ms Megan Wolfinger (Nov 2019) and Mr Jonathan Salter (Jul 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Megan Wolfinger | United States | 48 years | Nov 2019 | - | Director |
| Mr Jonathan Salter | United Kingdom | 57 years | Jul 2021 | - | Director |
| Mr Jorge Manrique Charro | 37 years | May 2022 | - | Director | |
| Mr Khalid Hayat | England | 30 years | Sep 2023 | - | Director |
ASPEN TOWER PROPCO 1 LTD financials
Aspen Tower Propco 1 Ltd's latest turnover from December 2022 is £7.7 million and the company has net assets of £183.5 million. According to their latest financial statements, we estimate that Aspen Tower Propco 1 Ltd has 42 employees and maintains cash reserves of £3.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Turnover | 7,695,857 | 29,465,007 | 45,268,356 |
| Other Income Or Grants | 0 | 0 | 0 |
| Cost Of Sales | 83,540 | 92,242 | 68,571 |
| Gross Profit | 7,612,317 | 29,372,765 | 45,199,785 |
| Admin Expenses | 54,244,796 | -17,910,711 | 148,307,554 |
| Operating Profit | -46,632,479 | 47,283,476 | -103,107,769 |
| Interest Payable | 0 | 16,227,832 | 18,773,725 |
| Interest Receivable | 0 | 0 | 0 |
| Pre-Tax Profit | -46,632,479 | 31,055,644 | -121,881,494 |
| Tax | 0 | 0 | 0 |
| Profit After Tax | -46,632,479 | 31,055,644 | -121,881,494 |
| Dividends Paid | 0 | 0 | 0 |
| Retained Profit | -46,632,479 | 31,055,644 | -121,881,494 |
| Employee Costs | 0 | 0 | 0 |
| Number Of Employees | |||
| EBITDA* | -46,632,479 | 47,283,476 | -103,107,769 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 318,650,163 | 372,879,433 | 665,984,053 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 318,650,163 | 372,879,433 | 665,984,053 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 |
| Group Debtors | 25,782,252 | 14,881,529 | 17,263,579 |
| Misc Debtors | 11,428 | 0 | 31,555 |
| Cash | 3,456,996 | 2,150,000 | 1,964,383 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 29,250,676 | 17,031,529 | 19,259,517 |
| total assets | 347,900,839 | 389,910,962 | 685,243,570 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 |
| Group/Directors Accounts | 163,151,462 | 158,504,832 | 242,113,513 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 68,570 | 0 | 0 |
| other current liabilities | 22,759 | 58,319 | 32,288 |
| total current liabilities | 163,242,791 | 158,563,151 | 242,145,801 |
| loans | 0 | 0 | 436,182,943 |
| hp & lease commitments | 1,109,502 | 1,166,786 | 1,184,053 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 1,109,502 | 1,166,786 | 437,366,996 |
| total liabilities | 164,352,293 | 159,729,937 | 679,512,797 |
| net assets | 183,548,546 | 230,181,025 | 5,730,773 |
| total shareholders funds | 183,548,546 | 230,181,025 | 5,730,773 |
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -46,632,479 | 47,283,476 | -103,107,769 |
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 |
| Debtors | 10,912,151 | -2,413,605 | 17,295,134 |
| Creditors | 0 | 0 | 0 |
| Accruals and Deferred Income | -35,560 | 26,031 | 32,288 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | -57,580,190 | 49,723,112 | -120,370,615 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | -54,229,270 | -293,104,620 | 665,984,053 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 4,646,630 | -83,608,681 | 242,113,513 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | -436,182,943 | 436,182,943 |
| Hire Purchase and Lease Commitments | 11,286 | -17,267 | 1,184,053 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | 0 | -16,227,832 | -18,773,725 |
| cash flow from financing | 4,657,916 | -342,642,115 | 788,319,051 |
| cash and cash equivalents | |||
| cash | 1,306,996 | 185,617 | 1,964,383 |
| overdraft | 0 | 0 | 0 |
| change in cash | 1,306,996 | 185,617 | 1,964,383 |
P&L
December 2022turnover
7.7m
-74%
operating profit
-46.6m
-199%
gross margin
99%
-0.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
183.5m
-0.2%
total assets
347.9m
-0.11%
cash
3.5m
+0.61%
net assets
Total assets minus all liabilities
Similar Companies
aspen tower propco 1 ltd company details
company number
12306526
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
November 2019
age
5
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
5 churchill place, 10th floor, london, E14 5HU
last accounts submitted
December 2022
aspen tower propco 1 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 aspen tower propco 1 ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
aspen tower propco 1 ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
