sold (residential) limited

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sold (residential) limited Company Information

Share SOLD (RESIDENTIAL) LIMITED

Company Number

13775419

Shareholders

ecx investments ltd

Group Structure

View All

Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

2 leman street, london, E1W 9US

Website

sold.co.uk

sold (residential) limited Estimated Valuation

£264.7k

Pomanda estimates the enterprise value of SOLD (RESIDENTIAL) LIMITED at £264.7k based on a Turnover of £568.5k and 0.47x industry multiple (adjusted for size and gross margin).

sold (residential) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SOLD (RESIDENTIAL) LIMITED at £0 based on an EBITDA of £-1.1m and a 3.35x industry multiple (adjusted for size and gross margin).

sold (residential) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SOLD (RESIDENTIAL) LIMITED at £0 based on Net Assets of £-1.8m and 2.3x industry multiple (adjusted for liquidity).

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Sold (residential) Limited Overview

Sold (residential) Limited is a live company located in london, E1W 9US with a Companies House number of 13775419. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in December 2021, it's largest shareholder is ecx investments ltd with a 100% stake. Sold (residential) Limited is a startup, small sized company, Pomanda has estimated its turnover at £568.5k with unknown growth in recent years.

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Sold (residential) Limited Health Check

Pomanda's financial health check has awarded Sold (Residential) Limited a 1.5 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 Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £568.5k, make it smaller than the average company (£2.9m)

£568.5k - Sold (residential) Limited

£2.9m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Sold (residential) Limited

- - Industry AVG

production

Production

with a gross margin of 24%, this company has a higher cost of product (44.8%)

24% - Sold (residential) Limited

44.8% - Industry AVG

profitability

Profitability

an operating margin of -197% make it less profitable than the average company (5.6%)

-197% - Sold (residential) Limited

5.6% - Industry AVG

employees

Employees

with 20 employees, this is similar to the industry average (23)

20 - Sold (residential) Limited

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.8k, the company has an equivalent pay structure (£53.8k)

£53.8k - Sold (residential) Limited

£53.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £28.4k, this is less efficient (£125.2k)

£28.4k - Sold (residential) Limited

£125.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 32 days, this is earlier than average (56 days)

32 days - Sold (residential) Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 38 days, this is slower than average (31 days)

38 days - Sold (residential) Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sold (residential) 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 (25 weeks)

1 weeks - Sold (residential) Limited

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 593%, this is a higher level of debt than the average (53.2%)

593% - Sold (residential) Limited

53.2% - Industry AVG

SOLD (RESIDENTIAL) LIMITED financials

EXPORTms excel logo

Sold (Residential) Limited's latest turnover from December 2023 is estimated at £568.5 thousand and the company has net assets of -£1.8 million. According to their latest financial statements, Sold (Residential) Limited has 20 employees and maintains cash reserves of £66.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022
Turnover568,503135,856
Other Income Or Grants
Cost Of Sales431,950103,956
Gross Profit136,55331,899
Admin Expenses1,256,719723,489
Operating Profit-1,120,166-691,590
Interest Payable
Interest Receivable8,6624,608
Pre-Tax Profit-1,111,504-686,982
Tax
Profit After Tax-1,111,504-686,982
Dividends Paid
Retained Profit-1,111,504-686,982
Employee Costs1,076,158102,250
Number Of Employees202
EBITDA*-1,113,380-691,508

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022
Tangible Assets3,6361,883
Intangible Assets16,197
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets19,8331,883
Stock & work in progress
Trade Debtors50,09033,673
Group Debtors18,125100
Misc Debtors210,07132,601
Cash66,672263,291
misc current assets
total current assets344,958329,665
total assets364,791331,548
Bank overdraft
Bank loan
Trade Creditors 45,30856,624
Group/Directors Accounts1,095,901154,724
other short term finances
hp & lease commitments
other current liabilities1,021,968807,082
total current liabilities2,163,1771,018,430
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities2,163,1771,018,430
net assets-1,798,386-686,882
total shareholders funds-1,798,386-686,882
Dec 2023Dec 2022
Operating Activities
Operating Profit-1,120,166-691,590
Depreciation1,38782
Amortisation5,399
Tax
Stock
Debtors211,91266,374
Creditors-11,31656,624
Accruals and Deferred Income214,886807,082
Deferred Taxes & Provisions
Cash flow from operations-1,121,722105,824
Investing Activities
capital expenditure-24,736-1,965
Change in Investments
cash flow from investments-24,736-1,965
Financing Activities
Bank loans
Group/Directors Accounts941,177154,724
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest8,6624,608
cash flow from financing949,839159,432
cash and cash equivalents
cash-196,619263,291
overdraft
change in cash-196,619263,291

sold (residential) 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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Sold (residential) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for sold (residential) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in E1W area or any other competitors across 12 key performance metrics.

sold (residential) limited Ownership

SOLD (RESIDENTIAL) LIMITED group structure

Sold (Residential) Limited has no subsidiary companies.

Ultimate parent company

1 parent

SOLD (RESIDENTIAL) LIMITED

13775419

SOLD (RESIDENTIAL) LIMITED Shareholders

ecx investments ltd 100%

sold (residential) limited directors

Sold (Residential) Limited currently has 2 directors. The longest serving directors include Mr Elliot Castle (Dec 2021) and Mr Elliot Castle (Dec 2021).

officercountryagestartendrole
Mr Elliot CastleUnited Kingdom42 years Dec 2021- Director
Mr Elliot CastleUnited Kingdom42 years Dec 2021- Director

P&L

December 2023

turnover

568.5k

+318%

operating profit

-1.1m

0%

gross margin

24.1%

+2.3%

turnover

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

Balance Sheet

December 2023

net assets

-1.8m

+1.62%

total assets

364.8k

+0.1%

cash

66.7k

-0.75%

net assets

Total assets minus all liabilities

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Similar companies unavailable for this selection

sold (residential) limited company details

company number

13775419

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

December 2021

age

4

incorporated

UK

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

2 leman street, london, E1W 9US

Bank

-

Legal Advisor

-

sold (residential) 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 did not find charges/mortgages relating to sold (residential) limited.

sold (residential) 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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sold (residential) limited Companies House Filings - See Documents

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