property local midlands ltd

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property local midlands ltd Company Information

Share PROPERTY LOCAL MIDLANDS LTD

Company Number

15308570

Shareholders

ekhash singh atwal

malvinder singh hayer

Group Structure

View All

Industry

Real estate agencies

 +1

Registered Address

76 stafford street, walsall, WS2 8DU

Website

-

property local midlands ltd Estimated Valuation

£196k

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).

property local midlands ltd Estimated Valuation

£54.9k

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).

property local midlands ltd Estimated Valuation

£12.1k

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 Overview

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.

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Property Local Midlands Ltd Health Check

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

Health Check Image
Health Rating3out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £92.3k, make it smaller than the average company (£562.4k)

£92.3k - Property Local Midlands Ltd

£562.4k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Property Local Midlands Ltd

- - Industry AVG

production

Production

with a gross margin of 77.5%, this company has a comparable cost of product (77.5%)

77.5% - Property Local Midlands Ltd

77.5% - Industry AVG

profitability

Profitability

an operating margin of 9% make it more profitable than the average company (6%)

9% - Property Local Midlands Ltd

6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (11)

1 - Property Local Midlands Ltd

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)

£40.7k - Property Local Midlands Ltd

£40.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £92.3k, this is equally as efficient (£92.3k)

£92.3k - Property Local Midlands Ltd

£92.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Property Local Midlands Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Property Local Midlands Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Property Local Midlands Ltd

- - Industry AVG

cashbalance

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

debtlevel

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 financials

EXPORTms excel logo

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 HousePomanda Estimates

Nov 2024
Turnover92,315
Other Income Or Grants
Cost Of Sales20,773
Gross Profit71,542
Admin Expenses63,262
Operating Profit8,280
Interest Payable
Interest Receivable460
Pre-Tax Profit8,740
Tax-2,185
Profit After Tax6,555
Dividends Paid
Retained Profit6,555
Employee Costs40,745
Number Of Employees1
EBITDA*9,061

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2024
Tangible Assets4,423
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets4,423
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors16,343
Cash18,398
misc current assets
total current assets34,741
total assets39,164
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities32,607
total current liabilities32,607
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities32,607
net assets6,557
total shareholders funds6,557
Nov 2024
Operating Activities
Operating Profit8,280
Depreciation781
Amortisation
Tax-2,185
Stock
Debtors16,343
Creditors
Accruals and Deferred Income32,607
Deferred Taxes & Provisions
Cash flow from operations23,140
Investing Activities
capital expenditure-5,204
Change in Investments
cash flow from investments-5,204
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue2
interest460
cash flow from financing462
cash and cash equivalents
cash18,398
overdraft
change in cash18,398

property local midlands ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Property Local Midlands Ltd Competitor Analysis

competitor_analysis_table_img

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 Ownership

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 Shareholders

ekhash singh atwal 50%
malvinder singh hayer 50%

property local midlands ltd directors

Property Local Midlands Ltd currently has 2 directors. The longest serving directors include Mr Ekhash Atwal (Nov 2023) and Mr Malvinder Hayer (Nov 2023).

officercountryagestartendrole
Mr Ekhash AtwalEngland30 years Nov 2023- Director
Mr Malvinder HayerEngland30 years Nov 2023- Director

P&L

November 2024

turnover

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 2024

net assets

6.6k

0%

total assets

39.2k

0%

cash

18.4k

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

property local midlands ltd company details

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

None

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

-

property local midlands ltd 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 property local midlands ltd.

property local midlands ltd 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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property local midlands ltd Companies House Filings - See Documents

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