fleetgate ltd
fleetgate ltd Company Information
Company Number
12933164
Website
fleetgatepartners.comRegistered Address
2nd floor, grove house, 55 lowlands road, harrow, HA1 3AW
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
July 2025
Group Structure
View All
Shareholders
hitesh jayanand patel 50%
rakhee patel 50%
fleetgate ltd Estimated Valuation
Pomanda estimates the enterprise value of FLEETGATE LTD at £322.6k based on a Turnover of £104.7k and 3.08x industry multiple (adjusted for size and gross margin).
fleetgate ltd Estimated Valuation
Pomanda estimates the enterprise value of FLEETGATE LTD at £116.6k based on an EBITDA of £16.6k and a 7.04x industry multiple (adjusted for size and gross margin).
fleetgate ltd Estimated Valuation
Pomanda estimates the enterprise value of FLEETGATE LTD at £7k based on Net Assets of £4.3k and 1.62x industry multiple (adjusted for liquidity).
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Fleetgate Ltd Overview
Fleetgate Ltd is a live company located in harrow, HA1 3AW with a Companies House number of 12933164. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2020, it's largest shareholder is hitesh jayanand patel with a 50% stake. Fleetgate Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £104.7k with unknown growth in recent years.
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Fleetgate Ltd Health Check
Pomanda's financial health check has awarded Fleetgate Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
7 Weak
Size
annual sales of £104.7k, make it smaller than the average company (£849.1k)
- Fleetgate Ltd
£849.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Fleetgate Ltd
- - Industry AVG
Production
with a gross margin of 73.6%, this company has a comparable cost of product (73.6%)
- Fleetgate Ltd
73.6% - Industry AVG
Profitability
an operating margin of 15.8% make it less profitable than the average company (27.4%)
- Fleetgate Ltd
27.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Fleetgate Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)
- Fleetgate Ltd
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £104.7k, this is less efficient (£182.7k)
- Fleetgate Ltd
£182.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Fleetgate Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (37 days)
- Fleetgate Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fleetgate Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (13 weeks)
4 weeks - Fleetgate Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.7%, this is a higher level of debt than the average (68%)
97.7% - Fleetgate Ltd
68% - Industry AVG
FLEETGATE LTD financials
Fleetgate Ltd's latest turnover from October 2023 is estimated at £104.7 thousand and the company has net assets of £4.3 thousand. According to their latest financial statements, Fleetgate Ltd has 1 employee and maintains cash reserves of £3.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Mar 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 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 181,474 | 181,474 | 181,474 | 181,474 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 181,474 | 181,474 | 181,474 | 181,474 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 15,000 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 3,772 | 3,432 | 6,328 | 2,056 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 3,772 | 3,432 | 21,328 | 2,056 |
| total assets | 185,246 | 184,906 | 202,802 | 183,530 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,071 | 1,071 | 589 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 40,091 | 42,610 | 200,130 | 183,120 |
| total current liabilities | 41,162 | 43,681 | 200,719 | 183,120 |
| loans | 139,750 | 137,995 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 139,750 | 137,995 | 0 | 0 |
| total liabilities | 180,912 | 181,676 | 200,719 | 183,120 |
| net assets | 4,334 | 3,230 | 2,083 | 410 |
| total shareholders funds | 4,334 | 3,230 | 2,083 | 410 |
| Oct 2023 | Oct 2022 | Oct 2021 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 0 | -15,000 | 15,000 | 0 |
| Creditors | 0 | 482 | 589 | 0 |
| Accruals and Deferred Income | -2,519 | -157,520 | 200,130 | 183,120 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 181,474 | 181,474 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 1,755 | 137,995 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 340 | -2,896 | 6,328 | 2,056 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 340 | -2,896 | 6,328 | 2,056 |
fleetgate ltd Credit Report and Business Information
Fleetgate Ltd Competitor Analysis
Perform a competitor analysis for fleetgate ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HA1 area or any other competitors across 12 key performance metrics.
fleetgate ltd Ownership
FLEETGATE LTD group structure
Fleetgate Ltd has no subsidiary companies.
Ultimate parent company
FLEETGATE LTD
12933164
fleetgate ltd directors
Fleetgate Ltd currently has 2 directors. The longest serving directors include Mrs Rakhee Patel (Oct 2020) and Mr Hitesh Patel (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Rakhee Patel | United Kingdom | 51 years | Oct 2020 | - | Director |
| Mr Hitesh Patel | United Kingdom | 52 years | Oct 2020 | - | Director |
P&L
October 2023turnover
104.7k
+15%
operating profit
16.6k
0%
gross margin
73.7%
+2.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
4.3k
+0.34%
total assets
185.2k
0%
cash
3.8k
+0.1%
net assets
Total assets minus all liabilities
Similar Companies
fleetgate ltd company details
company number
12933164
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
October 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
2nd floor, grove house, 55 lowlands road, harrow, HA1 3AW
Bank
-
Legal Advisor
-
fleetgate 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 fleetgate ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
fleetgate ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
