Pomanda estimates the enterprise value of COVE COMMUNITIES VENTURE 2 KPV PROPCO LIMITED at £5.3m based on a Turnover of £1.3m and 4.02x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of COVE COMMUNITIES VENTURE 2 KPV PROPCO LIMITED at £9.6m based on an EBITDA of £1.2m and a 7.87x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of COVE COMMUNITIES VENTURE 2 KPV PROPCO LIMITED at £16.8m based on Net Assets of £9.6m and 1.75x industry multiple (adjusted for liquidity).
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Cove Communities Venture 2 Kpv Propco Limited is a live company located in london, EC2N 2AX with a Companies House number of 12359520. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2019, it's largest shareholder is
cove communities residential uk holdco limited
with a 100% stake. Cove Communities Venture 2 Kpv Propco Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.3m with
declining
growth in recent years.
Cove Communities Venture 2 Kpv Propco Limited Health Check
Pomanda's financial health check has awarded Cove Communities Venture 2 Kpv Propco Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
0 Regular
6 Weak
Size
annual sales of £1.3m, make it larger than the average company (£1.1m)
Cove Communities Venture 2 Kpv Propco Limited's latest turnover from December 2023 is £1.3 million and the company has net assets of £9.6 million. According to their latest financial statements, Cove Communities Venture 2 Kpv Propco Limited has 1 employee and maintains cash reserves of £79.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Turnover
1,314,152
7,728,463
7,279,000
6,915,000
Other Income Or Grants
Cost Of Sales
3,009,660
1,482,000
1,671,000
Gross Profit
1,314,152
4,718,803
5,797,000
5,244,000
Admin Expenses
2,081,291
3,390,861
4,818,000
5,563,000
Operating Profit
-767,139
1,327,942
979,000
-319,000
Interest Payable
2,069,983
854,833
977,000
926,000
Interest Receivable
2,316
852
Pre-Tax Profit
-2,834,806
473,961
2,000
-1,245,000
Tax
19,969
-65,504
-464,000
-398,000
Profit After Tax
-2,814,837
408,457
-462,000
-1,643,000
Dividends Paid
Retained Profit
-2,814,837
408,457
-462,000
-1,643,000
Employee Costs
59,799
476,184
830,000
966,000
Number Of Employees
1
11
21
30
EBITDA*
1,222,363
3,543,639
3,748,000
3,228,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Tangible Assets
26,908,873
27,958,383
29,039,000
30,133,000
Intangible Assets
5,010,656
5,834,325
6,586,000
7,445,000
Investments & Other
100
100
Debtors (Due After 1 year)
15,000
Total Fixed Assets
31,919,629
33,792,808
35,625,000
37,593,000
Stock & work in progress
838,721
401,000
711,000
Trade Debtors
34,000
56,000
Group Debtors
13,463,249
7,612,410
5,075,000
1,030,000
Misc Debtors
131,221
92,000
237,000
Cash
79,429
537,475
528,000
1,321,000
misc current assets
total current assets
13,542,678
9,119,827
6,130,000
3,355,000
total assets
45,462,307
42,912,635
41,755,000
40,948,000
Bank overdraft
Bank loan
Trade Creditors
6,972
147,000
401,000
Group/Directors Accounts
30,591,482
2,271,052
1,858,000
1,501,000
other short term finances
hp & lease commitments
other current liabilities
85,102
147,807
712,000
939,000
total current liabilities
30,676,584
2,425,831
2,717,000
2,841,000
loans
5,064,894
27,933,602
26,957,000
25,636,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,713
provisions
117,022
137,271
72,000
total long term liabilities
5,184,629
28,070,873
27,029,000
25,636,000
total liabilities
35,861,213
30,496,704
29,746,000
28,477,000
net assets
9,601,094
12,415,931
12,009,000
12,471,000
total shareholders funds
9,601,094
12,415,931
12,009,000
12,471,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Operating Activities
Operating Profit
-767,139
1,327,942
979,000
-319,000
Depreciation
1,165,833
1,392,028
1,947,000
2,799,000
Amortisation
823,669
823,669
822,000
748,000
Tax
19,969
-65,504
-464,000
-398,000
Stock
-838,721
437,721
-310,000
711,000
Debtors
5,719,618
2,542,631
3,863,000
1,338,000
Creditors
-6,972
-140,028
-254,000
401,000
Accruals and Deferred Income
-62,705
-564,193
-227,000
939,000
Deferred Taxes & Provisions
-20,249
65,271
72,000
Cash flow from operations
-3,728,491
-141,167
-678,000
2,121,000
Investing Activities
capital expenditure
Change in Investments
100
cash flow from investments
-100
Financing Activities
Bank loans
Group/Directors Accounts
28,320,430
413,052
357,000
1,501,000
Other Short Term Loans
Long term loans
-22,868,708
976,602
1,321,000
25,636,000
Hire Purchase and Lease Commitments
other long term liabilities
2,713
share issue
-1,526
14,114,000
interest
-2,067,667
-853,981
-977,000
-926,000
cash flow from financing
3,386,768
534,147
701,000
40,325,000
cash and cash equivalents
cash
-458,046
9,475
-793,000
1,321,000
overdraft
change in cash
-458,046
9,475
-793,000
1,321,000
cove communities venture 2 kpv propco limited 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 cove communities venture 2 kpv propco limited. Get real-time insights into cove communities venture 2 kpv propco limited's credit score, group structure and payment trends.
Perform a competitor analysis for cove communities venture 2 kpv propco limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in EC2N area or any other competitors across 12 key performance metrics.
Cove Communities Venture 2 Kpv Propco Limited currently has 4 directors.
The longest serving directors include
Mr Mark Seaton (Dec 2019) and
Mr Francisco Barbosa Varandas Fernandes (Jun 2020).
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 3 charges/mortgages relating to cove communities venture 2 kpv propco limited. Currently there are 3 open charges and 0 have been satisfied in the past.
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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cove communities venture 2 kpv propco limitedCompanies House Filings - See Documents
