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
suite 130, prospect house, 2 athenaeum road, london, N20 9AE
Website
-
spectrum apartments limitedEstimated Valuation
£755.6k
Pomanda estimates the enterprise value of SPECTRUM APARTMENTS LIMITED at £755.6k based on a Turnover of £315.1k and 2.4x industry multiple (adjusted for size and gross margin).
spectrum apartments limitedEstimated Valuation
£79.8k
Pomanda estimates the enterprise value of SPECTRUM APARTMENTS LIMITED at £79.8k based on an EBITDA of £17.1k and a 4.67x industry multiple (adjusted for size and gross margin).
spectrum apartments limitedEstimated Valuation
£21.6k
Pomanda estimates the enterprise value of SPECTRUM APARTMENTS LIMITED at £21.6k based on Net Assets of £12.8k and 1.68x industry multiple (adjusted for liquidity).
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Spectrum Apartments LimitedOverview
Spectrum Apartments Limited is a live company located in london, N20 9AE with a Companies House number of 14446127. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2022, it's largest shareholder is
crocus field ltd
with a 100% stake. Spectrum Apartments Limited is a startup,
micro sized company, Pomanda has estimated its turnover at
£315.1k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Spectrum Apartments Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
5 Weak
Size
annual sales of £315.1k, make it smaller than the average company (£922k)
£315.1k - Spectrum Apartments Limited
£922k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Spectrum Apartments Limited
- - Industry AVG
Production
with a gross margin of 34.8%, this company has a higher cost of product (75.4%)
34.8% - Spectrum Apartments Limited
75.4% - Industry AVG
Profitability
an operating margin of 5.4% make it less profitable than the average company (29.3%)
5.4% - Spectrum Apartments Limited
29.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Spectrum Apartments Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)
£32.4k - Spectrum Apartments Limited
£32.4k - Industry AVG
Efficiency
resulting in sales per employee of £315.1k, this is more efficient (£177k)
£315.1k - Spectrum Apartments Limited
£177k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is near the average (30 days)
32 days - Spectrum Apartments Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 1425 days, this is slower than average (38 days)
1425 days - Spectrum Apartments Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Spectrum Apartments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spectrum Apartments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.4%, this is a higher level of debt than the average (64.6%)
98.4% - Spectrum Apartments Limited
64.6% - Industry AVG
SPECTRUM APARTMENTS LIMITED financials
EXPORT
Spectrum Apartments Limited's latest turnover from March 2024 is estimated at £315.1 thousand and the company has net assets of £12.8 thousand. According to their latest financial statements, we estimate that Spectrum Apartments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Turnover
315,074
Other Income Or Grants
Cost Of Sales
205,397
Gross Profit
109,677
Admin Expenses
92,581
Operating Profit
17,096
Interest Payable
Interest Receivable
Pre-Tax Profit
17,096
Tax
-4,274
Profit After Tax
12,822
Dividends Paid
Retained Profit
12,822
Employee Costs
32,393
Number Of Employees
1
EBITDA*
17,096
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Tangible Assets
788,463
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
788,463
Stock & work in progress
Trade Debtors
28,013
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
28,013
total assets
816,476
Bank overdraft
Bank loan
Trade Creditors
802,454
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
802,454
loans
hp & lease commitments
Accruals and Deferred Income
1,200
other liabilities
provisions
total long term liabilities
1,200
total liabilities
803,654
net assets
12,822
total shareholders funds
12,822
Mar 2024
Operating Activities
Operating Profit
17,096
Depreciation
Amortisation
Tax
-4,274
Stock
Debtors
28,013
Creditors
802,454
Accruals and Deferred Income
1,200
Deferred Taxes & Provisions
Cash flow from operations
788,463
Investing Activities
capital expenditure
-788,463
Change in Investments
cash flow from investments
-788,463
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 apartments 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 apartments limited. Get real-time insights into spectrum apartments limited's credit score, group structure and payment trends.
Perform a competitor analysis for spectrum apartments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N20 area or any other competitors across 12 key performance metrics.
spectrum apartments limited Ownership
SPECTRUM APARTMENTS LIMITED group structure
Spectrum Apartments Limited has no subsidiary companies.
Ultimate parent company
SPECTRUM APARTMENTS LIMITED
14446127
SPECTRUM APARTMENTS LIMITED Shareholders
The sole shareholder of Spectrum Apartments Limited is Crocus Field Ltd.
crocus field ltd
100%
spectrum apartments limited directors
Spectrum Apartments Limited currently has 2 directors.
The longest serving directors include
Mrs Alison Rankin Frost (Oct 2022) and
Mr Neel Khiroya (Oct 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024
net assets
12.8k
0%
total assets
816.5k
0%
cash
0
0%
net assets
Total assets minus all liabilities
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spectrum apartments limited company details
company number
14446127
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 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
suite 130, prospect house, 2 athenaeum road, london, N20 9AE
Bank
-
Legal Advisor
-
spectrum apartments 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 apartments limited.
spectrum apartments 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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spectrum apartments limitedCompanies House Filings - See Documents
