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
358 selbourne road, luton, LU4 8NU
Website
-
harmeen estates limitedEstimated Valuation
£8.6k
Pomanda estimates the enterprise value of HARMEEN ESTATES LIMITED at £8.6k based on a Turnover of £2.7k and 3.15x industry multiple (adjusted for size and gross margin).
harmeen estates limitedEstimated Valuation
£941.3k
Pomanda estimates the enterprise value of HARMEEN ESTATES LIMITED at £941.3k based on an EBITDA of £153.2k and a 6.14x industry multiple (adjusted for size and gross margin).
harmeen estates limitedEstimated Valuation
£31.1k
Pomanda estimates the enterprise value of HARMEEN ESTATES LIMITED at £31.1k based on Net Assets of £18.5k and 1.68x industry multiple (adjusted for liquidity).
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Harmeen Estates LimitedOverview
Harmeen Estates Limited is a live company located in luton, LU4 8NU with a Companies House number of 13667606. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2021, it's largest shareholder is
hardeep kullar
with a 100% stake. Harmeen Estates Limited is a startup,
micro sized company, Pomanda has estimated its turnover at
£2.7k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Harmeen Estates Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
4 Weak
Size
annual sales of £2.7k, make it smaller than the average company (£845k)
£2.7k - Harmeen Estates Limited
£845k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Harmeen Estates Limited
- - Industry AVG
Production
with a gross margin of 73.1%, this company has a comparable cost of product (73.1%)
73.1% - Harmeen Estates Limited
73.1% - Industry AVG
Profitability
an operating margin of 5591.4% make it more profitable than the average company (27%)
5591.4% - Harmeen Estates Limited
27% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Harmeen Estates Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)
£31.9k - Harmeen Estates Limited
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £2.7k, this is less efficient (£180.2k)
£2.7k - Harmeen Estates Limited
£180.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Harmeen Estates Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 494 days, this is slower than average (35 days)
494 days - Harmeen Estates Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Harmeen Estates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 45 weeks, this is more cash available to meet short term requirements (12 weeks)
45 weeks - Harmeen Estates Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.5%, this is a higher level of debt than the average (67.7%)
98.5% - Harmeen Estates Limited
67.7% - Industry AVG
HARMEEN ESTATES LIMITED financials
EXPORT
Harmeen Estates Limited's latest turnover from October 2023 is estimated at £2.7 thousand and the company has net assets of £18.5 thousand. According to their latest financial statements, we estimate that Harmeen Estates Limited has 1 employee and maintains cash reserves of £6.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Turnover
2,740
2,452
Other Income Or Grants
Cost Of Sales
738
676
Gross Profit
2,002
1,777
Admin Expenses
-151,211
-41,483
Operating Profit
153,213
43,260
Interest Payable
128,880
43,329
Interest Receivable
216
18
Pre-Tax Profit
24,549
-51
Tax
-6,137
Profit After Tax
18,412
-51
Dividends Paid
Retained Profit
18,412
-51
Employee Costs
31,920
30,640
Number Of Employees
1
1
EBITDA*
153,213
43,260
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Tangible Assets
Intangible Assets
Investments & Other
1,094,258
1,050,258
Debtors (Due After 1 year)
Total Fixed Assets
1,094,258
1,050,258
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
166,000
Cash
6,614
1,624
misc current assets
total current assets
172,614
1,624
total assets
1,266,872
1,051,882
Bank overdraft
Bank loan
Trade Creditors
1,000
928
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
6,611
505
total current liabilities
7,611
1,433
loans
1,240,800
1,050,400
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
1,240,800
1,050,400
total liabilities
1,248,411
1,051,833
net assets
18,461
49
total shareholders funds
18,461
49
Oct 2023
Oct 2022
Operating Activities
Operating Profit
153,213
43,260
Depreciation
Amortisation
Tax
-6,137
Stock
Debtors
166,000
Creditors
72
928
Accruals and Deferred Income
6,106
505
Deferred Taxes & Provisions
Cash flow from operations
-12,746
44,693
Investing Activities
capital expenditure
Change in Investments
44,000
1,050,258
cash flow from investments
-44,000
-1,050,258
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
190,400
1,050,400
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-128,664
-43,311
cash flow from financing
61,736
1,007,189
cash and cash equivalents
cash
4,990
1,624
overdraft
change in cash
4,990
1,624
harmeen estates 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 harmeen estates limited. Get real-time insights into harmeen estates limited's credit score, group structure and payment trends.
Perform a competitor analysis for harmeen estates limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in LU4 area or any other competitors across 12 key performance metrics.
harmeen estates limited Ownership
HARMEEN ESTATES LIMITED group structure
Harmeen Estates Limited has no subsidiary companies.
Ultimate parent company
HARMEEN ESTATES LIMITED
13667606
HARMEEN ESTATES LIMITED Shareholders
The sole shareholder of Harmeen Estates Limited is Hardeep Kullar.
hardeep kullar
100%
harmeen estates limited directors
Harmeen Estates Limited currently has 1 director, Mr Hardeep Kullar serving since Oct 2021.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023
net assets
18.5k
+375.76%
total assets
1.3m
+0.2%
cash
6.6k
+3.07%
net assets
Total assets minus all liabilities
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harmeen estates limited company details
company number
13667606
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 2021
age
4
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
NSG ACCOUNTANTS LIMITED
auditor
-
address
358 selbourne road, luton, LU4 8NU
Bank
-
Legal Advisor
-
harmeen estates 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 1 charges/mortgages relating to harmeen estates limited. Currently there are 1 open charges and 0 have been satisfied in the past.
harmeen estates 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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harmeen estates limitedCompanies House Filings - See Documents
