duchy lettings limited
duchy lettings limited Company Information
Company Number
14073689
Website
duchylettings.co.ukRegistered Address
122 fore street, blackwell bate ltd, saltash, PL12 6JW
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
January 2026
Group Structure
View All
Shareholders
paul james mackie 33.3%
jamie shaun may 33.3%
View Allduchy lettings limited Estimated Valuation
Pomanda estimates the enterprise value of DUCHY LETTINGS LIMITED at £213.6k based on a Turnover of £93k and 2.3x industry multiple (adjusted for size and gross margin).
duchy lettings limited Estimated Valuation
Pomanda estimates the enterprise value of DUCHY LETTINGS LIMITED at £7.3k based on an EBITDA of £1.4k and a 5.25x industry multiple (adjusted for size and gross margin).
duchy lettings limited Estimated Valuation
Pomanda estimates the enterprise value of DUCHY LETTINGS LIMITED at £4.5k based on Net Assets of £2.8k and 1.62x industry multiple (adjusted for liquidity).
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Duchy Lettings Limited Overview
Duchy Lettings Limited is a live company located in saltash, PL12 6JW with a Companies House number of 14073689. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2022, it's largest shareholder is paul james mackie with a 33.3% stake. Duchy Lettings Limited is a startup, micro sized company, Pomanda has estimated its turnover at £93k with unknown growth in recent years.
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Duchy Lettings Limited Health Check
Pomanda's financial health check has awarded Duchy Lettings Limited a 1.5 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 £93k, make it smaller than the average company (£949.9k)
- Duchy Lettings Limited
£949.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Duchy Lettings Limited
- - Industry AVG
Production
with a gross margin of 34.6%, this company has a higher cost of product (76.3%)
- Duchy Lettings Limited
76.3% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (29.7%)
- Duchy Lettings Limited
29.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Duchy Lettings Limited
4 - Industry AVG
Pay Structure
on an average salary of £34k, the company has an equivalent pay structure (£34k)
- Duchy Lettings Limited
£34k - Industry AVG
Efficiency
resulting in sales per employee of £31k, this is less efficient (£193.8k)
- Duchy Lettings Limited
£193.8k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (31 days)
- Duchy Lettings Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (36 days)
- Duchy Lettings Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Duchy Lettings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Duchy Lettings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.4%, this is a similar level of debt than the average (68.7%)
74.4% - Duchy Lettings Limited
68.7% - Industry AVG
DUCHY LETTINGS LIMITED financials
Duchy Lettings Limited's latest turnover from April 2024 is estimated at £93 thousand and the company has net assets of £2.8 thousand. According to their latest financial statements, Duchy Lettings Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | |
|---|---|---|
| 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 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | |
|---|---|---|
| Tangible Assets | 845 | 195 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 845 | 195 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 9,964 | 6,978 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 9,964 | 6,978 |
| total assets | 10,809 | 7,173 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 8,039 | 5,441 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 8,039 | 5,441 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 8,039 | 5,441 |
| net assets | 2,770 | 1,732 |
| total shareholders funds | 2,770 | 1,732 |
| Apr 2024 | Apr 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 2,986 | 6,978 |
| Creditors | 2,598 | 5,441 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
duchy lettings limited Credit Report and Business Information
Duchy Lettings Limited Competitor Analysis
Perform a competitor analysis for duchy lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in PL12 area or any other competitors across 12 key performance metrics.
duchy lettings limited Ownership
DUCHY LETTINGS LIMITED group structure
Duchy Lettings Limited has no subsidiary companies.
Ultimate parent company
DUCHY LETTINGS LIMITED
14073689
duchy lettings limited directors
Duchy Lettings Limited currently has 3 directors. The longest serving directors include Mr Paul MacKie (Apr 2022) and Mr Clive Preston (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul MacKie | England | 56 years | Apr 2022 | - | Director |
| Mr Clive Preston | England | 43 years | Apr 2022 | - | Director |
| Mr Jamie May | England | 39 years | Apr 2022 | - | Director |
P&L
April 2024turnover
93k
+21%
operating profit
1.4k
0%
gross margin
34.7%
+13.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
2.8k
+0.6%
total assets
10.8k
+0.51%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
duchy lettings limited company details
company number
14073689
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
April 2022
age
2
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
BLACKWELL BATE LTD
auditor
-
address
122 fore street, blackwell bate ltd, saltash, PL12 6JW
Bank
-
Legal Advisor
-
duchy lettings 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 duchy lettings limited.
duchy lettings limited Companies House Filings - See Documents
| date | description | view/download |
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