Pomanda estimates the enterprise value of SPECTRUM LETTINGS LIMITED at £6.3k based on a Turnover of £4.8k and 1.3x industry multiple (adjusted for size and gross margin).
spectrum lettings limitedEstimated Valuation
£32.6k
Pomanda estimates the enterprise value of SPECTRUM LETTINGS LIMITED at £32.6k based on an EBITDA of £9.3k and a 3.49x industry multiple (adjusted for size and gross margin).
spectrum lettings limitedEstimated Valuation
£10.9k
Pomanda estimates the enterprise value of SPECTRUM LETTINGS LIMITED at £10.9k based on Net Assets of £7k and 1.55x industry multiple (adjusted for liquidity).
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Spectrum Lettings LimitedOverview
Spectrum Lettings Limited is a live company located in birmingham, B18 6AA with a Companies House number of 14377331. It operates in the development of building projects sector, SIC Code 41100. Founded in September 2022, it's largest shareholder is
cordia uk project holdings limited
with a 100% stake. Spectrum Lettings Limited is a startup,
micro sized company, Pomanda has estimated its turnover at
£4.8k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Spectrum Lettings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
1 Regular
5 Weak
Size
annual sales of £4.8k, make it smaller than the average company (£7.3m)
£4.8k - Spectrum Lettings Limited
£7.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Spectrum Lettings Limited
- - Industry AVG
Production
with a gross margin of 18.7%, this company has a higher cost of product (46.5%)
18.7% - Spectrum Lettings Limited
46.5% - Industry AVG
Profitability
an operating margin of 192.6% make it more profitable than the average company (14.3%)
192.6% - Spectrum Lettings Limited
14.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (24)
1 - Spectrum Lettings Limited
24 - Industry AVG
Pay Structure
on an average salary of £43.3k, the company has an equivalent pay structure (£43.3k)
£43.3k - Spectrum Lettings Limited
£43.3k - Industry AVG
Efficiency
resulting in sales per employee of £4.8k, this is less efficient (£262.4k)
£4.8k - Spectrum Lettings Limited
£262.4k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (34 days)
68 days - Spectrum Lettings Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 269 days, this is slower than average (35 days)
269 days - Spectrum Lettings Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Spectrum Lettings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spectrum Lettings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.4%, this is a lower level of debt than the average (68.2%)
29.4% - Spectrum Lettings Limited
68.2% - Industry AVG
SPECTRUM LETTINGS LIMITED financials
EXPORT
Spectrum Lettings Limited's latest turnover from December 2023 is estimated at £4.8 thousand and the company has net assets of £7 thousand. According to their latest financial statements, we estimate that Spectrum Lettings Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Turnover
4,848
Other Income Or Grants
Cost Of Sales
3,944
Gross Profit
904
Admin Expenses
-8,433
Operating Profit
9,337
Interest Payable
Interest Receivable
Pre-Tax Profit
9,337
Tax
-2,334
Profit After Tax
7,003
Dividends Paid
Retained Profit
7,003
Employee Costs
43,317
Number Of Employees
1
EBITDA*
9,337
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Tangible Assets
Intangible Assets
Investments & Other
9,000
Debtors (Due After 1 year)
Total Fixed Assets
9,000
Stock & work in progress
Trade Debtors
913
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
913
total assets
9,913
Bank overdraft
Bank loan
Trade Creditors
2,910
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
2,910
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
2,910
net assets
7,003
total shareholders funds
7,003
Dec 2023
Operating Activities
Operating Profit
9,337
Depreciation
Amortisation
Tax
-2,334
Stock
Debtors
913
Creditors
2,910
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
9,000
Investing Activities
capital expenditure
Change in Investments
9,000
cash flow from investments
-9,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
spectrum lettings 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 spectrum lettings limited. Get real-time insights into spectrum lettings limited's credit score, group structure and payment trends.
Perform a competitor analysis for spectrum lettings limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in B18 area or any other competitors across 12 key performance metrics.
spectrum lettings limited Ownership
SPECTRUM LETTINGS LIMITED group structure
Spectrum Lettings Limited has no subsidiary companies.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
7k
0%
total assets
9.9k
0%
cash
0
0%
net assets
Total assets minus all liabilities
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spectrum lettings limited company details
company number
14377331
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.
64203 - Activities of construction holding companies
incorporation date
September 2022
age
3
incorporated
UK
ultimate parent company
FR GROUP BV
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
cordia project holdings limited (March 2023)
accountant
-
auditor
-
address
22a great hampton street, birmingham, B18 6AA
Bank
-
Legal Advisor
-
spectrum 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 spectrum lettings limited.
spectrum lettings 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 SPECTRUM LETTINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
spectrum lettings limitedCompanies House Filings - See Documents
