highcourt properties 2 limited

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highcourt properties 2 limited Company Information

Share HIGHCOURT PROPERTIES 2 LIMITED

Company Number

12973837

Shareholders

highcourt properties limited

Group Structure

View All

Industry

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

 

Registered Address

new burlington house, 1075 finchley road, london, NW11 0PU

Website

-

highcourt properties 2 limited Estimated Valuation

£4.6m

Pomanda estimates the enterprise value of HIGHCOURT PROPERTIES 2 LIMITED at £4.6m based on a Turnover of £1.3m and 3.42x industry multiple (adjusted for size and gross margin).

highcourt properties 2 limited Estimated Valuation

£5.3m

Pomanda estimates the enterprise value of HIGHCOURT PROPERTIES 2 LIMITED at £5.3m based on an EBITDA of £792.1k and a 6.69x industry multiple (adjusted for size and gross margin).

highcourt properties 2 limited Estimated Valuation

£927.6k

Pomanda estimates the enterprise value of HIGHCOURT PROPERTIES 2 LIMITED at £927.6k based on Net Assets of £531.2k and 1.75x industry multiple (adjusted for liquidity).

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Highcourt Properties 2 Limited Overview

Highcourt Properties 2 Limited is a live company located in london, NW11 0PU with a Companies House number of 12973837. 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 highcourt properties limited with a 100% stake. Highcourt Properties 2 Limited is a young, small sized company, Pomanda has estimated its turnover at £1.3m with high growth in recent years.

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Highcourt Properties 2 Limited Health Check

Pomanda's financial health check has awarded Highcourt Properties 2 Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £1.3m, make it larger than the average company (£953.3k)

£1.3m - Highcourt Properties 2 Limited

£953.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (5.6%)

17% - Highcourt Properties 2 Limited

5.6% - Industry AVG

production

Production

with a gross margin of 73%, this company has a comparable cost of product (73%)

73% - Highcourt Properties 2 Limited

73% - Industry AVG

profitability

Profitability

an operating margin of 58.8% make it more profitable than the average company (28.7%)

58.8% - Highcourt Properties 2 Limited

28.7% - Industry AVG

employees

Employees

with 6 employees, this is above the industry average (4)

6 - Highcourt Properties 2 Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)

£33.6k - Highcourt Properties 2 Limited

£33.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £224.5k, this is more efficient (£191.7k)

£224.5k - Highcourt Properties 2 Limited

£191.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 33 days, this is near the average (31 days)

33 days - Highcourt Properties 2 Limited

31 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Highcourt Properties 2 Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Highcourt Properties 2 Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (10 weeks)

1 weeks - Highcourt Properties 2 Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96%, this is a higher level of debt than the average (69.5%)

96% - Highcourt Properties 2 Limited

69.5% - Industry AVG

HIGHCOURT PROPERTIES 2 LIMITED financials

EXPORTms excel logo

Highcourt Properties 2 Limited's latest turnover from June 2024 is estimated at £1.3 million and the company has net assets of £531.2 thousand. According to their latest financial statements, Highcourt Properties 2 Limited has 6 employees and maintains cash reserves of £121.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021
Turnover1,346,9161,082,0521,354,366849,189
Other Income Or Grants
Cost Of Sales363,686292,060374,223245,404
Gross Profit983,229789,992980,143603,786
Admin Expenses191,106101,83076,913578,827
Operating Profit792,123688,162903,23024,959
Interest Payable745,875748,825253,206
Interest Receivable6,3525,016501
Pre-Tax Profit52,600-55,647650,52524,959
Tax-13,150-123,600-4,742
Profit After Tax39,450-55,647526,92520,217
Dividends Paid
Retained Profit39,450-55,647526,92520,217
Employee Costs201,705187,169182,265193,599
Number Of Employees6667
EBITDA*792,123688,162903,23024,959

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021
Tangible Assets12,800,00012,800,00013,400,00034,571
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets12,800,00012,800,00013,400,00034,571
Stock & work in progress
Trade Debtors125,18099,042150,32685,167
Group Debtors
Misc Debtors111,622125,107
Cash121,516120,45980,200
misc current assets
total current assets358,318344,608230,52685,167
total assets13,158,31813,144,60813,630,526119,738
Bank overdraft60,000
Bank loan
Trade Creditors
Group/Directors Accounts4,659,1734,684,1735,884,17497,721
other short term finances
hp & lease commitments
other current liabilities1,168,9001,169,64061,9101,500
total current liabilities5,828,0735,853,8136,006,08499,221
loans6,630,0006,630,0006,925,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions169,000169,000152,000
total long term liabilities6,799,0006,799,0007,077,000
total liabilities12,627,07312,652,81313,083,08499,221
net assets531,245491,795547,44220,517
total shareholders funds531,245491,795547,44220,517
Jun 2024Jun 2023Jun 2022Jun 2021
Operating Activities
Operating Profit792,123688,162903,23024,959
Depreciation
Amortisation
Tax-13,150-123,600-4,742
Stock
Debtors12,65373,82365,15985,167
Creditors
Accruals and Deferred Income-7401,107,73060,4101,500
Deferred Taxes & Provisions17,000152,000
Cash flow from operations765,5801,739,069926,881-63,450
Investing Activities
capital expenditure600,000-13,365,429-34,571
Change in Investments
cash flow from investments600,000-13,365,429-34,571
Financing Activities
Bank loans
Group/Directors Accounts-25,000-1,200,0015,786,45397,721
Other Short Term Loans
Long term loans-295,0006,925,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue300
interest-739,523-743,809-252,705
cash flow from financing-764,523-2,238,81012,458,74898,021
cash and cash equivalents
cash1,05740,25980,200
overdraft-60,00060,000
change in cash1,057100,25920,200

highcourt properties 2 limited 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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Highcourt Properties 2 Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for highcourt properties 2 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NW11 area or any other competitors across 12 key performance metrics.

highcourt properties 2 limited Ownership

HIGHCOURT PROPERTIES 2 LIMITED group structure

Highcourt Properties 2 Limited has no subsidiary companies.

Ultimate parent company

HIGHCOURT PROPERTIES 2 LIMITED

12973837

HIGHCOURT PROPERTIES 2 LIMITED Shareholders

highcourt properties limited 100%

highcourt properties 2 limited directors

Highcourt Properties 2 Limited currently has 1 director, Mr Mordechai Gross serving since Oct 2020.

officercountryagestartendrole
Mr Mordechai GrossEngland37 years Oct 2020- Director

P&L

June 2024

turnover

1.3m

+24%

operating profit

792.1k

0%

gross margin

73%

-0.01%

turnover

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

Balance Sheet

June 2024

net assets

531.2k

+0.08%

total assets

13.2m

0%

cash

121.5k

+0.01%

net assets

Total assets minus all liabilities

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highcourt properties 2 limited company details

company number

12973837

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

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

-

address

new burlington house, 1075 finchley road, london, NW11 0PU

Bank

-

Legal Advisor

-

highcourt properties 2 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 3 charges/mortgages relating to highcourt properties 2 limited. Currently there are 2 open charges and 1 have been satisfied in the past.

highcourt properties 2 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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highcourt properties 2 limited Companies House Filings - See Documents

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