northbank properties limited
northbank properties limited Company Information
Company Number
12673824
Next Accounts
Mar 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
sabra saheed
mohammed saheed
Group Structure
View All
Contact
Registered Address
suite 4 10 wolverhampton street, dudley, DY1 1DA
Website
-northbank properties limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHBANK PROPERTIES LIMITED at £641.8k based on a Turnover of £263.7k and 2.43x industry multiple (adjusted for size and gross margin).
northbank properties limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHBANK PROPERTIES LIMITED at £166.3k based on an EBITDA of £33.1k and a 5.02x industry multiple (adjusted for size and gross margin).
northbank properties limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHBANK PROPERTIES LIMITED at £57.8k based on Net Assets of £33.3k and 1.74x industry multiple (adjusted for liquidity).
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Northbank Properties Limited Overview
Northbank Properties Limited is a live company located in dudley, DY1 1DA with a Companies House number of 12673824. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2020, it's largest shareholder is sabra saheed with a 50% stake. Northbank Properties Limited is a startup, micro sized company, Pomanda has estimated its turnover at £263.7k with unknown growth in recent years.
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Northbank Properties Limited Health Check
Pomanda's financial health check has awarded Northbank Properties Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £263.7k, make it smaller than the average company (£832.8k)
- Northbank Properties Limited
£832.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Northbank Properties Limited
- - Industry AVG
Production
with a gross margin of 30%, this company has a higher cost of product (72.9%)
- Northbank Properties Limited
72.9% - Industry AVG
Profitability
an operating margin of 12.6% make it less profitable than the average company (26.5%)
- Northbank Properties Limited
26.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Northbank Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Northbank Properties Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £263.7k, this is more efficient (£178k)
- Northbank Properties Limited
£178k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (32 days)
- Northbank Properties Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 771 days, this is slower than average (36 days)
- Northbank Properties Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Northbank Properties Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Northbank Properties Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.2%, this is a higher level of debt than the average (67.5%)
94.2% - Northbank Properties Limited
67.5% - Industry AVG
NORTHBANK PROPERTIES LIMITED financials
Northbank Properties Limited's latest turnover from June 2023 is estimated at £263.7 thousand and the company has net assets of £33.3 thousand. According to their latest financial statements, we estimate that Northbank Properties Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Tangible Assets | 529,649 | 528,037 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 529,649 | 528,037 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 42,853 | 19,643 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 2 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 42,853 | 19,643 | 2 |
| total assets | 572,502 | 547,680 | 2 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 390,497 | 387,771 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 390,497 | 387,771 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 850 | 750 | 0 |
| other liabilities | 147,872 | 150,731 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 148,722 | 151,481 | 0 |
| total liabilities | 539,219 | 539,252 | 0 |
| net assets | 33,283 | 8,428 | 2 |
| total shareholders funds | 33,283 | 8,428 | 2 |
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | ||
| Amortisation | 0 | ||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 23,210 | 19,643 | 0 |
| Creditors | 2,726 | 387,771 | 0 |
| Accruals and Deferred Income | 100 | 750 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | -2,859 | 150,731 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | -2 | 2 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | -2 | 2 |
northbank properties limited Credit Report and Business Information
Northbank Properties Limited Competitor Analysis
Perform a competitor analysis for northbank properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DY1 area or any other competitors across 12 key performance metrics.
northbank properties limited Ownership
NORTHBANK PROPERTIES LIMITED group structure
Northbank Properties Limited has no subsidiary companies.
Ultimate parent company
NORTHBANK PROPERTIES LIMITED
12673824
northbank properties limited directors
Northbank Properties Limited currently has 1 director, Mr Mohammed Saheed serving since Jun 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammed Saheed | United Kingdom | 43 years | Jun 2020 | - | Director |
P&L
June 2023turnover
263.7k
+44%
operating profit
33.1k
0%
gross margin
30%
+2.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
33.3k
+2.95%
total assets
572.5k
+0.05%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
northbank properties limited company details
company number
12673824
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
June 2020
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
suite 4 10 wolverhampton street, dudley, DY1 1DA
Bank
-
Legal Advisor
-
northbank properties limited 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 northbank properties limited. Currently there are 4 open charges and 0 have been satisfied in the past.
northbank properties limited 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.
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northbank properties limited Companies House Filings - See Documents
| date | description | view/download |
|---|
