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
4th floor charles house, 108-110 finchley road, london, NW3 5JJ
Website
-
simpson assets 3 limitedEstimated Valuation
£469.7k
Pomanda estimates the enterprise value of SIMPSON ASSETS 3 LIMITED at £469.7k based on a Turnover of £141.3k and 3.32x industry multiple (adjusted for size and gross margin).
simpson assets 3 limitedEstimated Valuation
£13.5m
Pomanda estimates the enterprise value of SIMPSON ASSETS 3 LIMITED at £13.5m based on an EBITDA of £2.1m and a 6.5x industry multiple (adjusted for size and gross margin).
simpson assets 3 limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SIMPSON ASSETS 3 LIMITED at £0 based on Net Assets of £-4.6m and 1.75x industry multiple (adjusted for liquidity).
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Simpson Assets 3 LimitedOverview
Simpson Assets 3 Limited is a live company located in london, NW3 5JJ with a Companies House number of 13549351. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2021, it's largest shareholder is
simpson assets 2 limited
with a 100% stake. Simpson Assets 3 Limited is a startup,
micro sized company, Pomanda has estimated its turnover at
£141.3k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Simpson Assets 3 Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £141.3k, make it smaller than the average company (£914k)
£141.3k - Simpson Assets 3 Limited
£914k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Simpson Assets 3 Limited
- - Industry AVG
Production
with a gross margin of 73%, this company has a comparable cost of product (73%)
73% - Simpson Assets 3 Limited
73% - Industry AVG
Profitability
an operating margin of 1473.3% make it more profitable than the average company (28.2%)
1473.3% - Simpson Assets 3 Limited
28.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Simpson Assets 3 Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)
£33.8k - Simpson Assets 3 Limited
£33.8k - Industry AVG
Efficiency
resulting in sales per employee of £141.3k, this is less efficient (£186.9k)
£141.3k - Simpson Assets 3 Limited
£186.9k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (32 days)
39 days - Simpson Assets 3 Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 230 days, this is slower than average (37 days)
230 days - Simpson Assets 3 Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Simpson Assets 3 Limited
- - Industry AVG
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 - Simpson Assets 3 Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 111.4%, this is a higher level of debt than the average (70.2%)
111.4% - Simpson Assets 3 Limited
70.2% - Industry AVG
SIMPSON ASSETS 3 LIMITED financials
EXPORT
Simpson Assets 3 Limited's latest turnover from April 2024 is estimated at £141.3 thousand and the company has net assets of -£4.6 million. According to their latest financial statements, we estimate that Simpson Assets 3 Limited has 1 employee and maintains cash reserves of £434.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Turnover
141,330
101,550
135,926
Other Income Or Grants
Cost Of Sales
38,175
27,976
37,930
Gross Profit
103,154
73,574
97,995
Admin Expenses
-1,979,060
-3,386,781
5,291,895
Operating Profit
2,082,214
3,460,355
-5,193,900
Interest Payable
2,047,444
1,891,264
626,983
Interest Receivable
25,297
14,728
615
Pre-Tax Profit
60,067
1,583,819
-5,820,269
Tax
-15,017
-395,955
Profit After Tax
45,050
1,187,864
-5,820,269
Dividends Paid
Retained Profit
45,050
1,187,864
-5,820,269
Employee Costs
33,761
31,047
30,195
Number Of Employees
1
1
1
EBITDA*
2,082,214
3,460,355
-5,193,900
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Tangible Assets
38,795,000
Intangible Assets
Investments & Other
38,795,000
38,795,000
Debtors (Due After 1 year)
Total Fixed Assets
38,795,000
38,795,000
38,795,000
Stock & work in progress
Trade Debtors
15,211
11,747
18,204
Group Debtors
Misc Debtors
923,098
1,238,878
Cash
434,509
529,178
163,889
misc current assets
total current assets
1,372,818
1,779,803
182,093
total assets
40,167,818
40,574,803
38,977,093
Bank overdraft
300,000
300,000
300,000
Bank loan
Trade Creditors
24,114
12,517
2,859
Group/Directors Accounts
20,370,434
20,625,934
19,285,313
other short term finances
hp & lease commitments
other current liabilities
1,148,799
1,105,080
974,662
total current liabilities
21,843,347
22,043,531
20,562,834
loans
17,773,578
18,025,429
18,277,280
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
5,138,148
5,138,148
5,957,148
total long term liabilities
22,911,726
23,163,577
24,234,428
total liabilities
44,755,073
45,207,108
44,797,262
net assets
-4,587,255
-4,632,305
-5,820,169
total shareholders funds
-4,587,255
-4,632,305
-5,820,169
Apr 2024
Apr 2023
Apr 2022
Operating Activities
Operating Profit
2,082,214
3,460,355
-5,193,900
Depreciation
Amortisation
Tax
-15,017
-395,955
Stock
Debtors
-312,316
1,232,421
18,204
Creditors
11,597
9,658
2,859
Accruals and Deferred Income
43,719
130,418
974,662
Deferred Taxes & Provisions
-819,000
5,957,148
Cash flow from operations
2,434,829
1,153,055
1,722,565
Investing Activities
capital expenditure
38,795,000
-38,795,000
Change in Investments
38,795,000
cash flow from investments
-38,795,000
Financing Activities
Bank loans
Group/Directors Accounts
-255,500
1,340,621
19,285,313
Other Short Term Loans
Long term loans
-251,851
-251,851
18,277,280
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-2,022,147
-1,876,536
-626,368
cash flow from financing
-2,529,498
-787,766
36,936,325
cash and cash equivalents
cash
-94,669
365,289
163,889
overdraft
300,000
change in cash
-94,669
365,289
-136,111
simpson assets 3 limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for simpson assets 3 limited. Get real-time insights into simpson assets 3 limited's credit score, group structure and payment trends.
Perform a competitor analysis for simpson assets 3 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NW3 area or any other competitors across 12 key performance metrics.
simpson assets 3 limited Ownership
SIMPSON ASSETS 3 LIMITED group structure
Simpson Assets 3 Limited has no subsidiary companies.
The sole shareholder of Simpson Assets 3 Limited is Simpson Assets 2 Limited.
simpson assets 2 limited
100%
simpson assets 3 limited directors
Simpson Assets 3 Limited currently has 2 directors.
The longest serving directors include
Mr Lambros Hadjiioannou (Aug 2021) and
Mr Christopher Christou (Aug 2021).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024
net assets
-4.6m
-0.01%
total assets
40.2m
-0.01%
cash
434.5k
-0.18%
net assets
Total assets minus all liabilities
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simpson assets 3 limited company details
company number
13549351
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
August 2021
age
4
incorporated
UK
ultimate parent company
YIANIS HOLDINGS TC LTD
accounts
Small Company
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
NUMERA PARTNERS LLP
address
4th floor charles house, 108-110 finchley road, london, NW3 5JJ
Bank
-
Legal Advisor
-
simpson assets 3 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 4 charges/mortgages relating to simpson assets 3 limited. Currently there are 4 open charges and 0 have been satisfied in the past.
simpson assets 3 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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simpson assets 3 limitedCompanies House Filings - See Documents
