acornfield properties ltd
acornfield properties ltd Company Information
Company Number
12886309
Website
-Registered Address
chichester house, 91 moss lane east, manchester, M15 5GY
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
farrah holdings ltd 84%
kingsgate real estate ltd 16%
acornfield properties ltd Estimated Valuation
Pomanda estimates the enterprise value of ACORNFIELD PROPERTIES LTD at £7.7m based on a Turnover of £3.1m and 2.48x industry multiple (adjusted for size and gross margin).
acornfield properties ltd Estimated Valuation
Pomanda estimates the enterprise value of ACORNFIELD PROPERTIES LTD at £13.3m based on an EBITDA of £2m and a 6.51x industry multiple (adjusted for size and gross margin).
acornfield properties ltd Estimated Valuation
Pomanda estimates the enterprise value of ACORNFIELD PROPERTIES LTD at £4.1m based on Net Assets of £2.8m and 1.46x industry multiple (adjusted for liquidity).
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Acornfield Properties Ltd Overview
Acornfield Properties Ltd is a live company located in manchester, M15 5GY with a Companies House number of 12886309. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in September 2020, it's largest shareholder is farrah holdings ltd with a 84% stake. Acornfield Properties Ltd is a startup, small sized company, Pomanda has estimated its turnover at £3.1m with unknown growth in recent years.
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Acornfield Properties Ltd Health Check
Pomanda's financial health check has awarded Acornfield Properties Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £3.1m, make it larger than the average company (£896.8k)
- Acornfield Properties Ltd
£896.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Acornfield Properties Ltd
- - Industry AVG
Production
with a gross margin of 69.2%, this company has a comparable cost of product (69.2%)
- Acornfield Properties Ltd
69.2% - Industry AVG
Profitability
an operating margin of 65.6% make it more profitable than the average company (27.6%)
- Acornfield Properties Ltd
27.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Acornfield Properties Ltd
4 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
- Acornfield Properties Ltd
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £3.1m, this is more efficient (£199.7k)
- Acornfield Properties Ltd
£199.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (25 days)
- Acornfield Properties Ltd
25 days - Industry AVG
Creditor Days
its suppliers are paid after 1166 days, this is slower than average (30 days)
- Acornfield Properties Ltd
30 days - Industry AVG
Stock Days
it holds stock equivalent to 5112 days, this is more than average (403 days)
- Acornfield Properties Ltd
403 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is more cash available to meet short term requirements (8 weeks)
14 weeks - Acornfield Properties Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.6%, this is a higher level of debt than the average (64.4%)
81.6% - Acornfield Properties Ltd
64.4% - Industry AVG
ACORNFIELD PROPERTIES LTD financials
Acornfield Properties Ltd's latest turnover from September 2023 is estimated at £3.1 million and the company has net assets of £2.8 million. According to their latest financial statements, Acornfield Properties Ltd has 1 employee and maintains cash reserves of £977.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 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 | 1 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 13,440,912 | 8,784,454 | 5,139,543 |
| Trade Debtors | 4,750 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 819,625 | 3,906,227 | 542,255 |
| Cash | 977,379 | 1,572,114 | 143,336 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 15,242,666 | 14,262,795 | 5,825,134 |
| total assets | 15,242,666 | 14,262,795 | 5,825,134 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 3,067,436 | 883,103 | 289,589 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 441,922 | 354,945 | 25,595 |
| total current liabilities | 3,509,358 | 1,238,048 | 315,184 |
| loans | 3,740,912 | 5,320,194 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 5,186,024 | 6,104,742 | 5,405,000 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 8,926,936 | 11,424,936 | 5,405,000 |
| total liabilities | 12,436,294 | 12,662,984 | 5,720,184 |
| net assets | 2,806,372 | 1,599,811 | 104,950 |
| total shareholders funds | 2,806,372 | 1,599,811 | 104,950 |
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 4,656,458 | 3,644,911 | 5,139,543 |
| Debtors | -3,081,852 | 3,363,972 | 542,255 |
| Creditors | 2,184,333 | 593,514 | 289,589 |
| Accruals and Deferred Income | 86,977 | 329,350 | 25,595 |
| 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 | -1,579,282 | 5,320,194 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | -918,718 | 699,742 | 5,405,000 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -594,735 | 1,428,778 | 143,336 |
| overdraft | 0 | 0 | 0 |
| change in cash | -594,735 | 1,428,778 | 143,336 |
acornfield properties ltd Credit Report and Business Information
Acornfield Properties Ltd Competitor Analysis
Perform a competitor analysis for acornfield properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in M15 area or any other competitors across 12 key performance metrics.
acornfield properties ltd Ownership
ACORNFIELD PROPERTIES LTD group structure
Acornfield Properties Ltd has no subsidiary companies.
acornfield properties ltd directors
Acornfield Properties Ltd currently has 2 directors. The longest serving directors include Mr Jeff Pike (Sep 2020) and Mr Mohammed Majid (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeff Pike | England | 44 years | Sep 2020 | - | Director |
| Mr Mohammed Majid | England | 60 years | Sep 2020 | - | Director |
P&L
September 2023turnover
3.1m
+62%
operating profit
2m
0%
gross margin
69.3%
+2.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
2.8m
+0.75%
total assets
15.2m
+0.07%
cash
977.4k
-0.38%
net assets
Total assets minus all liabilities
Similar Companies
acornfield properties ltd company details
company number
12886309
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
September 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
DBF ASSOCIATES
auditor
-
address
chichester house, 91 moss lane east, manchester, M15 5GY
Bank
-
Legal Advisor
-
acornfield 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 5 charges/mortgages relating to acornfield properties ltd. Currently there are 2 open charges and 3 have been satisfied in the past.
acornfield properties ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
