ff propco 2 limited
ff propco 2 limited Company Information
Company Number
13995829
Next Accounts
131 days late
Shareholders
soul development holdings limited
ff propco limited
Group Structure
View All
Industry
Buying and selling of own real estate
+1Registered Address
14 bedford square, london, WC1B 3JA
Website
-ff propco 2 limited Estimated Valuation
Pomanda estimates the enterprise value of FF PROPCO 2 LIMITED at £771.4k based on a Turnover of £248.3k and 3.11x industry multiple (adjusted for size and gross margin).
ff propco 2 limited Estimated Valuation
Pomanda estimates the enterprise value of FF PROPCO 2 LIMITED at £0 based on an EBITDA of £-52.8k and a 6.39x industry multiple (adjusted for size and gross margin).
ff propco 2 limited Estimated Valuation
Pomanda estimates the enterprise value of FF PROPCO 2 LIMITED at £0 based on Net Assets of £-51.7k and 1.68x industry multiple (adjusted for liquidity).
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Ff Propco 2 Limited Overview
Ff Propco 2 Limited is a live company located in london, WC1B 3JA with a Companies House number of 13995829. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2022, it's largest shareholder is soul development holdings limited with a 50% stake. Ff Propco 2 Limited is a startup, micro sized company, Pomanda has estimated its turnover at £248.3k with unknown growth in recent years.
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Ff Propco 2 Limited Health Check
Pomanda's financial health check has awarded Ff Propco 2 Limited 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 £248.3k, make it smaller than the average company (£916.5k)
- Ff Propco 2 Limited
£916.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ff Propco 2 Limited
- - Industry AVG
Production
with a gross margin of 70.2%, this company has a comparable cost of product (70.2%)
- Ff Propco 2 Limited
70.2% - Industry AVG
Profitability
an operating margin of -21.3% make it less profitable than the average company (38.2%)
- Ff Propco 2 Limited
38.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Ff Propco 2 Limited
4 - Industry AVG
Pay Structure
on an average salary of £34.3k, the company has an equivalent pay structure (£34.3k)
- Ff Propco 2 Limited
£34.3k - Industry AVG
Efficiency
resulting in sales per employee of £124.1k, this is less efficient (£186k)
- Ff Propco 2 Limited
£186k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ff Propco 2 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 392 days, this is slower than average (34 days)
- Ff Propco 2 Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ff Propco 2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Ff Propco 2 Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.5%, this is a higher level of debt than the average (66.7%)
101.5% - Ff Propco 2 Limited
66.7% - Industry AVG
FF PROPCO 2 LIMITED financials
Ff Propco 2 Limited's latest turnover from December 2022 is estimated at £248.3 thousand and the company has net assets of -£51.7 thousand. According to their latest financial statements, we estimate that Ff Propco 2 Limited has 2 employees and maintains cash reserves of £5.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 0 |
| Trade Debtors | 0 |
| Group Debtors | 0 |
| Misc Debtors | 3,476,513 |
| Cash | 5,360 |
| misc current assets | 0 |
| total current assets | 3,481,873 |
| total assets | 3,481,873 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 79,657 |
| Group/Directors Accounts | 3,442,038 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 11,905 |
| total current liabilities | 3,533,600 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 3,533,600 |
| net assets | -51,727 |
| total shareholders funds | -51,727 |
| Dec 2022 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 3,476,513 |
| Creditors | 79,657 |
| Accruals and Deferred Income | 11,905 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 3,442,038 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 5,360 |
| overdraft | 0 |
| change in cash | 5,360 |
ff propco 2 limited Credit Report and Business Information
Ff Propco 2 Limited Competitor Analysis
Perform a competitor analysis for ff propco 2 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WC1B area or any other competitors across 12 key performance metrics.
ff propco 2 limited Ownership
FF PROPCO 2 LIMITED group structure
Ff Propco 2 Limited has no subsidiary companies.
Ultimate parent company
FF PROPCO LTD
#0152416
1 parent
FF PROPCO 2 LIMITED
13995829
ff propco 2 limited directors
Ff Propco 2 Limited currently has 3 directors. The longest serving directors include Mr Karim Khimji (Mar 2022) and Mr Rakesh Majithia (Oct 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Karim Khimji | United Kingdom | 42 years | Mar 2022 | - | Director |
| Mr Rakesh Majithia | United Kingdom | 51 years | Oct 2022 | - | Director |
| Mrs Shireen Merchant | United Kingdom | 70 years | Feb 2024 | - | Director |
P&L
December 2022turnover
248.3k
0%
operating profit
-52.8k
0%
gross margin
70.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-51.7k
0%
total assets
3.5m
0%
cash
5.4k
0%
net assets
Total assets minus all liabilities
Similar Companies
ff propco 2 limited company details
company number
13995829
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
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
March 2022
age
3
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
N/A
accountant
SAFFERY CHAMPNESS
auditor
-
address
14 bedford square, london, WC1B 3JA
Bank
-
Legal Advisor
-
ff propco 2 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 ff propco 2 limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ff propco 2 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.
Click to start generating capital raising & share issue transactions for FF PROPCO 2 LIMITED. This can take several minutes, an email will notify you when this has completed.
ff propco 2 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
