spy properties ltd

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spy properties ltd Company Information

Share SPY PROPERTIES LTD

Company Number

13111592

Shareholders

the shah family trust 2022

sandeep shah

Group Structure

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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

23 ringers spinney oadby, leicester, leicestershire, LE2 2HB

Website

-

spy properties ltd Estimated Valuation

£479.5k

Pomanda estimates the enterprise value of SPY PROPERTIES LTD at £479.5k based on a Turnover of £141.9k and 3.38x industry multiple (adjusted for size and gross margin).

spy properties ltd Estimated Valuation

£118.2k

Pomanda estimates the enterprise value of SPY PROPERTIES LTD at £118.2k based on an EBITDA of £17.9k and a 6.6x industry multiple (adjusted for size and gross margin).

spy properties ltd Estimated Valuation

£32.5k

Pomanda estimates the enterprise value of SPY PROPERTIES LTD at £32.5k based on Net Assets of £18.6k and 1.75x industry multiple (adjusted for liquidity).

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Spy Properties Ltd Overview

Spy Properties Ltd is a live company located in leicestershire, LE2 2HB with a Companies House number of 13111592. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2021, it's largest shareholder is the shah family trust 2022 with a 54.7% stake. Spy Properties Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £141.9k with unknown growth in recent years.

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Spy Properties Ltd Health Check

Pomanda's financial health check has awarded Spy Properties Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £141.9k, make it smaller than the average company (£918.1k)

£141.9k - Spy Properties Ltd

£918.1k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Spy Properties Ltd

- - Industry AVG

production

Production

with a gross margin of 75.5%, this company has a comparable cost of product (75.5%)

75.5% - Spy Properties Ltd

75.5% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (29.4%)

0% - Spy Properties Ltd

29.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Spy Properties Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)

£32.3k - Spy Properties Ltd

£32.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £71k, this is less efficient (£177.7k)

£71k - Spy Properties Ltd

£177.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 5 days, this is earlier than average (30 days)

5 days - Spy Properties Ltd

30 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Spy Properties Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Spy Properties Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)

1 weeks - Spy Properties Ltd

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 97.1%, this is a higher level of debt than the average (64.5%)

97.1% - Spy Properties Ltd

64.5% - Industry AVG

SPY PROPERTIES LTD financials

EXPORTms excel logo

Spy Properties Ltd's latest turnover from March 2024 is estimated at £141.9 thousand and the company has net assets of £18.6 thousand. According to their latest financial statements, Spy Properties Ltd has 2 employees and maintains cash reserves of £12.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022
Turnover141,946120,565291,193
Other Income Or Grants
Cost Of Sales34,79630,29072,679
Gross Profit107,15090,275218,513
Admin Expenses107,12295,163191,128
Operating Profit28-4,88827,385
Interest Payable
Interest Receivable81352122
Pre-Tax Profit841-4,36727,407
Tax-210-5,207
Profit After Tax631-4,36722,200
Dividends Paid
Retained Profit631-4,36722,200
Employee Costs64,65560,74259,177
Number Of Employees222
EBITDA*17,8934,61634,094

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022
Tangible Assets629,595604,512614,016
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets629,595604,512614,016
Stock & work in progress
Trade Debtors2,253269
Group Debtors
Misc Debtors
Cash12,45118,5395,985
misc current assets
total current assets14,70418,8085,985
total assets644,299623,320620,001
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities616,911594,535592,406
total current liabilities616,911594,535592,406
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions8,78710,8155,258
total long term liabilities8,78710,8155,258
total liabilities625,698605,350597,664
net assets18,60117,97022,337
total shareholders funds18,60117,97022,337
Mar 2024Mar 2023Mar 2022
Operating Activities
Operating Profit28-4,88827,385
Depreciation17,8659,5046,709
Amortisation
Tax-210-5,207
Stock
Debtors1,984269
Creditors
Accruals and Deferred Income22,3762,129592,406
Deferred Taxes & Provisions-2,0285,5575,258
Cash flow from operations36,04712,033626,551
Investing Activities
capital expenditure-42,948-620,725
Change in Investments
cash flow from investments-42,948-620,725
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue137
interest81352122
cash flow from financing813521159
cash and cash equivalents
cash-6,08812,5545,985
overdraft
change in cash-6,08812,5545,985

spy properties 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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Spy Properties Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for spy properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in LE2 area or any other competitors across 12 key performance metrics.

spy properties ltd Ownership

SPY PROPERTIES LTD group structure

Spy Properties Ltd has no subsidiary companies.

Ultimate parent company

SPY PROPERTIES LTD

13111592

SPY PROPERTIES LTD Shareholders

the shah family trust 2022 54.74%
sandeep shah 45.26%

spy properties ltd directors

Spy Properties Ltd currently has 2 directors. The longest serving directors include Mrs Pallavi Shah (Jan 2021) and Dr Yogesh Shah (Jan 2021).

officercountryagestartendrole
Mrs Pallavi ShahUnited Kingdom70 years Jan 2021- Director
Dr Yogesh ShahUnited Kingdom76 years Jan 2021- Director

P&L

March 2024

turnover

141.9k

+18%

operating profit

27.9

0%

gross margin

75.5%

+0.81%

turnover

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

Balance Sheet

March 2024

net assets

18.6k

+0.04%

total assets

644.3k

+0.03%

cash

12.5k

-0.33%

net assets

Total assets minus all liabilities

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spy properties ltd company details

company number

13111592

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

January 2021

age

4

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

CROWFOOT & CO ACCOUNTANTS LTD

auditor

-

address

23 ringers spinney oadby, leicester, leicestershire, LE2 2HB

Bank

-

Legal Advisor

-

spy 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 did not find charges/mortgages relating to spy properties ltd.

spy properties ltd 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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spy properties ltd Companies House Filings - See Documents

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