58 house ltd

3.5

58 house ltd Company Information

Share 58 HOUSE LTD
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StartupMicro

Company Number

12939107

Website

-

Registered Address

344 iffley road, oxford, OX4 4AU

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Renting and operating of Housing Association real estate

 
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Telephone

-

Next Accounts Due

July 2025

Group Structure

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Directors

Jing Ba4 Years

Junjing Guan4 Years

Shareholders

junjing guan 50%

jing ba 50%

58 house ltd Estimated Valuation

£857.4k

Pomanda estimates the enterprise value of 58 HOUSE LTD at £857.4k based on a Turnover of £313.8k and 2.73x industry multiple (adjusted for size and gross margin).

58 house ltd Estimated Valuation

£962k

Pomanda estimates the enterprise value of 58 HOUSE LTD at £962k based on an EBITDA of £139.7k and a 6.89x industry multiple (adjusted for size and gross margin).

58 house ltd Estimated Valuation

£23.9k

Pomanda estimates the enterprise value of 58 HOUSE LTD at £23.9k based on Net Assets of £14.8k and 1.61x industry multiple (adjusted for liquidity).

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58 House Ltd Overview

58 House Ltd is a live company located in oxford, OX4 4AU with a Companies House number of 12939107. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2020, it's largest shareholder is junjing guan with a 50% stake. 58 House Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £313.8k with unknown growth in recent years.

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58 House Ltd Health Check

Pomanda's financial health check has awarded 58 House Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £313.8k, make it smaller than the average company (£1m)

£313.8k - 58 House Ltd

£1m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - 58 House Ltd

- - Industry AVG

production

Production

with a gross margin of 62%, this company has a comparable cost of product (62%)

62% - 58 House Ltd

62% - Industry AVG

profitability

Profitability

an operating margin of 44.5% make it more profitable than the average company (18.7%)

44.5% - 58 House Ltd

18.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - 58 House Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)

£36.8k - 58 House Ltd

£36.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £156.9k, this is equally as efficient (£156.9k)

£156.9k - 58 House Ltd

£156.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - 58 House Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - 58 House Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - 58 House Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 117 weeks, this is more cash available to meet short term requirements (16 weeks)

117 weeks - 58 House Ltd

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.5%, this is a higher level of debt than the average (68.2%)

98.5% - 58 House Ltd

68.2% - Industry AVG

58 HOUSE LTD financials

EXPORTms excel logo

58 House Ltd's latest turnover from October 2023 is estimated at £313.8 thousand and the company has net assets of £14.8 thousand. According to their latest financial statements, 58 House Ltd has 2 employees and maintains cash reserves of £29.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021
Turnover313,812290,3650
Other Income Or Grants000
Cost Of Sales119,270111,6430
Gross Profit194,542178,7220
Admin Expenses54,862102,238-23,490
Operating Profit139,68076,48423,490
Interest Payable107,30380,58029,668
Interest Receivable835490
Pre-Tax Profit33,212-4,047-6,178
Tax-8,30300
Profit After Tax24,909-4,047-6,178
Dividends Paid000
Retained Profit24,909-4,047-6,178
Employee Costs73,50770,4420
Number Of Employees220
EBITDA*139,68076,48423,490

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021
Tangible Assets968,353968,353968,353
Intangible Assets000
Investments & Other000
Debtors (Due After 1 year)000
Total Fixed Assets968,353968,353968,353
Stock & work in progress000
Trade Debtors000
Group Debtors000
Misc Debtors000
Cash29,9493,460894
misc current assets000
total current assets29,9493,460894
total assets998,302971,813969,247
Bank overdraft000
Bank loan000
Trade Creditors 000
Group/Directors Accounts000
other short term finances000
hp & lease commitments000
other current liabilities13,2781,2132,593
total current liabilities13,2781,2132,593
loans970,240980,725972,732
hp & lease commitments000
Accruals and Deferred Income000
other liabilities000
provisions000
total long term liabilities970,240980,725972,732
total liabilities983,518981,938975,325
net assets14,784-10,125-6,078
total shareholders funds14,784-10,125-6,078
Oct 2023Oct 2022Oct 2021
Operating Activities
Operating Profit139,68076,48423,490
Depreciation000
Amortisation000
Tax-8,30300
Stock000
Debtors000
Creditors000
Accruals and Deferred Income12,065-1,3802,593
Deferred Taxes & Provisions000
Cash flow from operations143,44275,10426,083
Investing Activities
capital expenditure00-968,353
Change in Investments000
cash flow from investments00-968,353
Financing Activities
Bank loans000
Group/Directors Accounts000
Other Short Term Loans 000
Long term loans-10,4857,993972,732
Hire Purchase and Lease Commitments000
other long term liabilities000
share issue00100
interest-106,468-80,531-29,668
cash flow from financing-116,953-72,538943,164
cash and cash equivalents
cash26,4892,566894
overdraft000
change in cash26,4892,566894

58 house ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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58 House Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for 58 house ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in OX4 area or any other competitors across 12 key performance metrics.

58 house ltd Ownership

58 HOUSE LTD group structure

58 House Ltd has no subsidiary companies.

Ultimate parent company

58 HOUSE LTD

12939107

58 HOUSE LTD Shareholders

junjing guan 50%
jing ba 50%

58 house ltd directors

58 House Ltd currently has 2 directors. The longest serving directors include Mr Jing Ba (Oct 2020) and Ms Junjing Guan (Oct 2020).

officercountryagestartendrole
Mr Jing BaUnited Kingdom42 years Oct 2020- Director
Ms Junjing GuanEngland38 years Oct 2020- Director

P&L

October 2023

turnover

313.8k

+8%

operating profit

139.7k

0%

gross margin

62%

+0.72%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2023

net assets

14.8k

-2.46%

total assets

998.3k

+0.03%

cash

29.9k

+7.66%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

58 house ltd company details

company number

12939107

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.

68201 - Renting and operating of Housing Association real estate

68100 - Buying and selling of own real estate

incorporation date

October 2020

age

4

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

344 iffley road, oxford, OX4 4AU

Bank

-

Legal Advisor

-

58 house 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 did not find charges/mortgages relating to 58 house ltd.

charges

58 house ltd Companies House Filings - See Documents

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