
Company Number
15308570
Next Accounts
Aug 2026
Shareholders
ekhash singh atwal
malvinder singh hayer
Group Structure
View All
Industry
Real estate agencies
+1Registered Address
76 stafford street, walsall, WS2 8DU
Website
-Pomanda estimates the enterprise value of PROPERTY LOCAL MIDLANDS LTD at £196k based on a Turnover of £92.3k and 2.12x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PROPERTY LOCAL MIDLANDS LTD at £54.9k based on an EBITDA of £9.1k and a 6.06x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PROPERTY LOCAL MIDLANDS LTD at £12.1k based on Net Assets of £6.6k and 1.84x industry multiple (adjusted for liquidity).
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Property Local Midlands Ltd is a live company located in walsall, WS2 8DU with a Companies House number of 15308570. It operates in the real estate agencies sector, SIC Code 68310. Founded in November 2023, it's largest shareholder is ekhash singh atwal with a 50% stake. Property Local Midlands Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £92.3k with unknown growth in recent years.
Pomanda's financial health check has awarded Property Local Midlands Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
3 Weak
Size
annual sales of £92.3k, make it smaller than the average company (£562.4k)
- Property Local Midlands Ltd
£562.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Property Local Midlands Ltd
- - Industry AVG
Production
with a gross margin of 77.5%, this company has a comparable cost of product (77.5%)
- Property Local Midlands Ltd
77.5% - Industry AVG
Profitability
an operating margin of 9% make it more profitable than the average company (6%)
- Property Local Midlands Ltd
6% - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
1 - Property Local Midlands Ltd
11 - Industry AVG
Pay Structure
on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)
- Property Local Midlands Ltd
£40.7k - Industry AVG
Efficiency
resulting in sales per employee of £92.3k, this is equally as efficient (£92.3k)
- Property Local Midlands Ltd
£92.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Property Local Midlands Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Property Local Midlands Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Property Local Midlands Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is average cash available to meet short term requirements (35 weeks)
29 weeks - Property Local Midlands Ltd
35 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.3%, this is a higher level of debt than the average (58.9%)
83.3% - Property Local Midlands Ltd
58.9% - Industry AVG
Property Local Midlands Ltd's latest turnover from November 2024 is estimated at £92.3 thousand and the company has net assets of £6.6 thousand. According to their latest financial statements, Property Local Midlands Ltd has 1 employee and maintains cash reserves of £18.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Nov 2024 | |
---|---|
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 | 1 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2024 | |
---|---|
Tangible Assets | 4,423 |
Intangible Assets | |
Investments & Other | |
Debtors (Due After 1 year) | |
Total Fixed Assets | 4,423 |
Stock & work in progress | |
Trade Debtors | |
Group Debtors | |
Misc Debtors | 16,343 |
Cash | 18,398 |
misc current assets | |
total current assets | 34,741 |
total assets | 39,164 |
Bank overdraft | |
Bank loan | |
Trade Creditors | |
Group/Directors Accounts | |
other short term finances | |
hp & lease commitments | |
other current liabilities | 32,607 |
total current liabilities | 32,607 |
loans | |
hp & lease commitments | |
Accruals and Deferred Income | |
other liabilities | |
provisions | |
total long term liabilities | |
total liabilities | 32,607 |
net assets | 6,557 |
total shareholders funds | 6,557 |
Nov 2024 | |
---|---|
Operating Activities | |
Operating Profit | |
Depreciation | 781 |
Amortisation | |
Tax | |
Stock | |
Debtors | 16,343 |
Creditors | |
Accruals and Deferred Income | 32,607 |
Deferred Taxes & Provisions | |
Cash flow from operations | |
Investing Activities | |
capital expenditure | |
Change in Investments | |
cash flow from investments | |
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 | 18,398 |
overdraft | |
change in cash | 18,398 |
Perform a competitor analysis for property local midlands ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WS2 area or any other competitors across 12 key performance metrics.
PROPERTY LOCAL MIDLANDS LTD group structure
Property Local Midlands Ltd has no subsidiary companies.
Ultimate parent company
PROPERTY LOCAL MIDLANDS LTD
15308570
Property Local Midlands Ltd currently has 2 directors. The longest serving directors include Mr Ekhash Atwal (Nov 2023) and Mr Malvinder Hayer (Nov 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Ekhash Atwal | England | 30 years | Nov 2023 | - | Director |
Mr Malvinder Hayer | England | 30 years | Nov 2023 | - | Director |
P&L
November 2024turnover
92.3k
0%
operating profit
8.3k
0%
gross margin
77.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2024net assets
6.6k
0%
total assets
39.2k
0%
cash
18.4k
0%
net assets
Total assets minus all liabilities
Similar Companies
company number
15308570
Type
Private limited with Share Capital
industry
68310 - Real estate agencies
68320 - Management of real estate on a fee or contract basis
incorporation date
November 2023
age
2
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2024
previous names
N/A
accountant
-
auditor
-
address
76 stafford street, walsall, WS2 8DU
Bank
-
Legal Advisor
-
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 property local midlands ltd.
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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