spy properties ltd Company Information
Company Number
13111592
Next Accounts
Dec 2025
Shareholders
the shah family trust 2022
sandeep shah
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
23 ringers spinney oadby, leicester, leicestershire, LE2 2HB
Website
-spy properties ltd Estimated Valuation
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
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
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).
Edit your figures and get a professional valuation report.
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.
Upgrade for unlimited company reports & a free credit check
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


1 Strong

2 Regular

6 Weak

Size
annual sales of £141.9k, make it smaller than the average company (£918.1k)
- Spy Properties Ltd
£918.1k - Industry AVG

Growth
There is insufficient data available for this Key Performance Indicator!
- Spy Properties Ltd
- - Industry AVG

Production
with a gross margin of 75.5%, this company has a comparable cost of product (75.5%)
- Spy Properties Ltd
75.5% - Industry AVG

Profitability
an operating margin of 0% make it less profitable than the average company (29.4%)
- Spy Properties Ltd
29.4% - Industry AVG

Employees
with 2 employees, this is below the industry average (4)
2 - Spy Properties Ltd
4 - Industry AVG

Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
- Spy Properties Ltd
£32.3k - Industry AVG

Efficiency
resulting in sales per employee of £71k, this is less efficient (£177.7k)
- Spy Properties Ltd
£177.7k - Industry AVG

Debtor Days
it gets paid by customers after 5 days, this is earlier than average (30 days)
- Spy Properties Ltd
30 days - Industry AVG

Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Spy Properties Ltd
- - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spy Properties Ltd
- - Industry AVG

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

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

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 House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | |
---|---|---|---|
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 | 2 | 2 | 2 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | |
---|---|---|---|
Tangible Assets | 629,595 | 604,512 | 614,016 |
Intangible Assets | |||
Investments & Other | |||
Debtors (Due After 1 year) | |||
Total Fixed Assets | 629,595 | 604,512 | 614,016 |
Stock & work in progress | |||
Trade Debtors | 2,253 | 269 | |
Group Debtors | |||
Misc Debtors | |||
Cash | 12,451 | 18,539 | 5,985 |
misc current assets | |||
total current assets | 14,704 | 18,808 | 5,985 |
total assets | 644,299 | 623,320 | 620,001 |
Bank overdraft | |||
Bank loan | |||
Trade Creditors | |||
Group/Directors Accounts | |||
other short term finances | |||
hp & lease commitments | |||
other current liabilities | 616,911 | 594,535 | 592,406 |
total current liabilities | 616,911 | 594,535 | 592,406 |
loans | |||
hp & lease commitments | |||
Accruals and Deferred Income | |||
other liabilities | |||
provisions | 8,787 | 10,815 | 5,258 |
total long term liabilities | 8,787 | 10,815 | 5,258 |
total liabilities | 625,698 | 605,350 | 597,664 |
net assets | 18,601 | 17,970 | 22,337 |
total shareholders funds | 18,601 | 17,970 | 22,337 |
Mar 2024 | Mar 2023 | Mar 2022 | |
---|---|---|---|
Operating Activities | |||
Operating Profit | |||
Depreciation | 17,865 | 9,504 | 6,709 |
Amortisation | |||
Tax | |||
Stock | |||
Debtors | 1,984 | 269 | |
Creditors | |||
Accruals and Deferred Income | 22,376 | 2,129 | 592,406 |
Deferred Taxes & Provisions | -2,028 | 5,557 | 5,258 |
Cash flow from operations | |||
Investing Activities | |||
capital expenditure | |||
Change in Investments | |||
cash flow from investments | |||
Financing Activities | |||
Bank loans | |||
Group/Directors Accounts | |||
Other Short Term Loans | |||
Long term loans | |||
Hire Purchase and Lease Commitments | |||
other long term liabilities | |||
share issue | |||
interest | |||
cash flow from financing | |||
cash and cash equivalents | |||
cash | -6,088 | 12,554 | 5,985 |
overdraft | |||
change in cash | -6,088 | 12,554 | 5,985 |
spy properties ltd Credit Report and Business Information
Spy Properties Ltd Competitor Analysis

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 directors
Spy Properties Ltd currently has 2 directors. The longest serving directors include Mrs Pallavi Shah (Jan 2021) and Dr Yogesh Shah (Jan 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Pallavi Shah | United Kingdom | 70 years | Jan 2021 | - | Director |
Dr Yogesh Shah | United Kingdom | 76 years | Jan 2021 | - | Director |
P&L
March 2024turnover
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 2024net assets
18.6k
+0.04%
total assets
644.3k
+0.03%
cash
12.5k
-0.33%
net assets
Total assets minus all liabilities
Similar Companies
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
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.
Click to start generating capital raising & share issue transactions for SPY PROPERTIES LTD. This can take several minutes, an email will notify you when this has completed.
spy properties ltd Companies House Filings - See Documents
date | description | view/download |
---|