karmichael properties ltd
karmichael properties ltd Company Information
Company Number
12592739
Website
-Registered Address
21 navigation business village, navigation way, preston, PR2 2YP
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
mrs karen jane campbell 50%
mr michael kevin humphreys 50%
karmichael properties ltd Estimated Valuation
Pomanda estimates the enterprise value of KARMICHAEL PROPERTIES LTD at £1.2m based on a Turnover of £368.7k and 3.23x industry multiple (adjusted for size and gross margin).
karmichael properties ltd Estimated Valuation
Pomanda estimates the enterprise value of KARMICHAEL PROPERTIES LTD at £115.5k based on an EBITDA of £16.9k and a 6.83x industry multiple (adjusted for size and gross margin).
karmichael properties ltd Estimated Valuation
Pomanda estimates the enterprise value of KARMICHAEL PROPERTIES LTD at £0 based on Net Assets of £-62.7k and 0.99x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Karmichael Properties Ltd Overview
Karmichael Properties Ltd is a live company located in preston, PR2 2YP with a Companies House number of 12592739. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 2020, it's largest shareholder is mrs karen jane campbell with a 50% stake. Karmichael Properties Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £368.7k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Karmichael Properties Ltd Health Check
Pomanda's financial health check has awarded Karmichael Properties Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
5 Weak
Size
annual sales of £368.7k, make it smaller than the average company (£832.8k)
- Karmichael Properties Ltd
£832.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Karmichael Properties Ltd
- - Industry AVG
Production
with a gross margin of 72.4%, this company has a comparable cost of product (72.4%)
- Karmichael Properties Ltd
72.4% - Industry AVG
Profitability
an operating margin of 2.2% make it less profitable than the average company (27.4%)
- Karmichael Properties Ltd
27.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Karmichael Properties Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Karmichael Properties Ltd
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £184.4k, this is equally as efficient (£184.4k)
- Karmichael Properties Ltd
£184.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Karmichael Properties Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Karmichael Properties Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Karmichael Properties Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (14 weeks)
2 weeks - Karmichael Properties Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120.9%, this is a higher level of debt than the average (67.5%)
120.9% - Karmichael Properties Ltd
67.5% - Industry AVG
KARMICHAEL PROPERTIES LTD financials
Karmichael Properties Ltd's latest turnover from May 2023 is estimated at £368.7 thousand and the company has net assets of -£62.7 thousand. According to their latest financial statements, Karmichael Properties Ltd has 2 employees and maintains cash reserves of £4.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| 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 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| Tangible Assets | 34,294 | 785 | 1,258 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 240,000 | 240,000 | 140,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 274,294 | 240,785 | 141,258 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 9,543 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 20,721 | 10,078 | 0 |
| Cash | 4,677 | 111,648 | 916 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 25,398 | 121,726 | 10,459 |
| total assets | 299,692 | 362,511 | 151,717 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 9,365 | 9,365 | 9,457 |
| Trade Creditors | 0 | 517 | 0 |
| Group/Directors Accounts | 71,821 | 109,676 | 14,568 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 5,636 | 3,480 | 1,602 |
| total current liabilities | 86,822 | 123,038 | 25,627 |
| loans | 275,522 | 282,475 | 166,878 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 275,522 | 282,475 | 166,878 |
| total liabilities | 362,344 | 405,513 | 192,505 |
| net assets | -62,652 | -43,002 | -40,788 |
| total shareholders funds | -62,652 | -43,002 | -40,788 |
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 8,916 | 473 | 520 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 10,643 | 535 | 9,543 |
| Creditors | -517 | 517 | 0 |
| Accruals and Deferred Income | 2,156 | 1,878 | 1,602 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 100,000 | 140,000 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | -92 | 9,457 |
| Group/Directors Accounts | -37,855 | 95,108 | 14,568 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | -6,953 | 115,597 | 166,878 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -106,971 | 110,732 | 916 |
| overdraft | 0 | 0 | 0 |
| change in cash | -106,971 | 110,732 | 916 |
karmichael properties ltd Credit Report and Business Information
Karmichael Properties Ltd Competitor Analysis
Perform a competitor analysis for karmichael properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in PR2 area or any other competitors across 12 key performance metrics.
karmichael properties ltd Ownership
KARMICHAEL PROPERTIES LTD group structure
Karmichael Properties Ltd has no subsidiary companies.
Ultimate parent company
KARMICHAEL PROPERTIES LTD
12592739
karmichael properties ltd directors
Karmichael Properties Ltd currently has 2 directors. The longest serving directors include Mrs Karen Campbell (May 2020) and Mr Michael Humphreys (May 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Karen Campbell | England | 54 years | May 2020 | - | Director |
| Mr Michael Humphreys | England | 51 years | May 2020 | - | Director |
P&L
May 2023turnover
368.7k
+107%
operating profit
8k
0%
gross margin
72.4%
+0.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-62.7k
+0.46%
total assets
299.7k
-0.17%
cash
4.7k
-0.96%
net assets
Total assets minus all liabilities
Similar Companies
karmichael properties ltd company details
company number
12592739
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
May 2020
age
4
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
21 navigation business village, navigation way, preston, PR2 2YP
accountant
ROTHERHAM TAYLOR LIMITED
auditor
-
karmichael properties 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 karmichael properties ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
karmichael properties ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
