ian cleaver properties limited
ian cleaver properties limited Company Information
Company Number
SC153417
Website
highlandheritage.co.ukRegistered Address
c/o french duncan llp, 133 finnieston street, glasgow, G3 8HB
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
ian mckay cleaver 99.8%
anthea tudor cleaver 0.1%
View Allian cleaver properties limited Estimated Valuation
Pomanda estimates the enterprise value of IAN CLEAVER PROPERTIES LIMITED at £6m based on a Turnover of £6.8m and 0.88x industry multiple (adjusted for size and gross margin).
ian cleaver properties limited Estimated Valuation
Pomanda estimates the enterprise value of IAN CLEAVER PROPERTIES LIMITED at £0 based on an EBITDA of £-3.7m and a 6.92x industry multiple (adjusted for size and gross margin).
ian cleaver properties limited Estimated Valuation
Pomanda estimates the enterprise value of IAN CLEAVER PROPERTIES LIMITED at £120.1k based on Net Assets of £230k and 0.52x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ian Cleaver Properties Limited Overview
Ian Cleaver Properties Limited is a dissolved company that was located in glasgow, G3 8HB with a Companies House number of SC153417. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 1994, it's largest shareholder was ian mckay cleaver with a 99.8% stake. The last turnover for Ian Cleaver Properties Limited was estimated at £6.8m.
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Ian Cleaver Properties Limited Health Check
Pomanda's financial health check has awarded Ian Cleaver Properties Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £6.8m, make it larger than the average company (£1.8m)
£6.8m - Ian Cleaver Properties Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (4.4%)
-6% - Ian Cleaver Properties Limited
4.4% - Industry AVG
Production
with a gross margin of 64%, this company has a lower cost of product (37.5%)
64% - Ian Cleaver Properties Limited
37.5% - Industry AVG
Profitability
an operating margin of -60.7% make it less profitable than the average company (7%)
-60.7% - Ian Cleaver Properties Limited
7% - Industry AVG
Employees
with 83 employees, this is above the industry average (26)
83 - Ian Cleaver Properties Limited
26 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has a lower pay structure (£38.1k)
£19.2k - Ian Cleaver Properties Limited
£38.1k - Industry AVG
Efficiency
resulting in sales per employee of £81.8k, this is less efficient (£140.1k)
£81.8k - Ian Cleaver Properties Limited
£140.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ian Cleaver Properties Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (34 days)
17 days - Ian Cleaver Properties Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (27 days)
2 days - Ian Cleaver Properties Limited
27 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (23 weeks)
45 weeks - Ian Cleaver Properties Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.7%, this is a higher level of debt than the average (68.7%)
95.7% - Ian Cleaver Properties Limited
68.7% - Industry AVG
IAN CLEAVER PROPERTIES LIMITED financials
Ian Cleaver Properties Limited's latest turnover from January 2016 is £6.8 million and the company has net assets of £230 thousand. According to their latest financial statements, Ian Cleaver Properties Limited has 83 employees and maintains cash reserves of £533 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|
| Turnover | 6,788,942 | 9,397,044 | 10,021,554 | 8,304,368 | 4,123,938 | 6,510,330 | 7,833,434 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 2,444,589 | 3,519,220 | 3,631,032 | 2,553,292 | 1,239,277 | 1,973,986 | 2,207,942 |
| Gross Profit | 4,344,353 | 5,877,824 | 6,390,522 | 5,751,076 | 2,884,661 | 4,536,344 | 5,625,492 |
| Admin Expenses | 8,463,679 | 8,509,556 | 6,863,360 | 6,744,725 | 3,688,831 | 4,701,050 | 4,951,597 |
| Operating Profit | -4,119,326 | -2,631,732 | -472,838 | -993,649 | -804,170 | -164,706 | 673,895 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 9,695 |
| Interest Receivable | 0 | 0 | 0 | 33 | 14 | 13,644 | 1,263 |
| Pre-Tax Profit | -4,119,326 | -2,631,732 | -472,838 | -993,616 | -318,859 | -151,062 | 665,463 |
| Tax | 131,572 | 84,837 | 106,167 | 201,233 | 102,986 | 76,237 | -137,552 |
| Profit After Tax | -3,987,754 | -2,546,895 | -366,671 | -792,383 | -215,873 | -74,825 | 527,911 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -3,987,754 | -2,546,895 | -366,671 | -792,383 | -215,873 | -74,825 | 527,911 |
| Employee Costs | 1,593,150 | 1,896,425 | 2,118,195 | 2,032,189 | 1,116,768 | 1,856,968 | 1,930,006 |
| Number Of Employees | 83 | 99 | 111 | 111 | 84 | 102 | 108 |
| EBITDA* | -3,708,188 | -140,091 | 234,508 | -54,119 | -187,046 | 761,754 | 1,457,791 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,539,207 | 8,173,638 | 10,538,555 | 11,155,058 | 11,931,850 | 12,414,164 | 13,489,386 |
| Intangible Assets | 0 | 25,000 | 65,000 | 150,000 | 135,000 | 175,000 | 235,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,539,207 | 8,198,638 | 10,603,555 | 11,305,058 | 12,066,850 | 12,589,164 | 13,724,386 |
| Stock & work in progress | 18,059 | 28,225 | 30,931 | 32,067 | 22,992 | 48,420 | 42,502 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 1,083 | 120,960 |
| Group Debtors | 0 | 0 | 0 | 0 | 2,381 | 2,381 | 2,381 |
| Misc Debtors | 305,836 | 853,354 | 392,138 | 331,198 | 1,172,690 | 621,075 | 526,188 |
| Cash | 533,026 | 799,412 | 1,645,568 | 1,911,417 | 1,619,481 | 2,851,431 | 2,593,949 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 856,921 | 1,680,991 | 2,068,637 | 2,274,682 | 2,817,544 | 3,524,390 | 3,285,980 |
| total assets | 5,396,128 | 9,879,629 | 12,672,192 | 13,579,740 | 14,884,394 | 16,113,554 | 17,010,366 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 116,767 | 211,107 | 200,122 | 327,951 | 624,410 | 572,541 | 597,215 |
| Group/Directors Accounts | 203,871 | 283,857 | 0 | 109,722 | 132,749 | 0 | 116,405 |
| other short term finances | 0 | 0 | 1,654,776 | 1,000,000 | 1,000,000 | 1,000,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 284,434 | 474,283 | 278,940 | 653,454 | 673,178 | 1,551,067 | 1,812,232 |
| total current liabilities | 605,072 | 969,247 | 2,133,838 | 2,091,127 | 2,430,337 | 3,123,608 | 2,525,852 |
| loans | 4,500,000 | 4,500,000 | 3,500,000 | 4,000,000 | 4,000,000 | 4,195,282 | 1,459,437 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 61,036 | 192,608 | 273,685 | 357,273 | 530,334 | 655,068 | 810,656 |
| total long term liabilities | 4,561,036 | 4,692,608 | 3,773,685 | 4,357,273 | 4,530,334 | 4,850,350 | 2,270,093 |
| total liabilities | 5,166,108 | 5,661,855 | 5,907,523 | 6,448,400 | 6,960,671 | 7,973,958 | 4,795,945 |
| net assets | 230,020 | 4,217,774 | 6,764,669 | 7,131,340 | 7,923,723 | 8,139,596 | 12,214,421 |
| total shareholders funds | 230,020 | 4,217,774 | 6,764,669 | 7,131,340 | 7,923,723 | 8,139,596 | 12,214,421 |
| Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -4,119,326 | -2,631,732 | -472,838 | -993,649 | -804,170 | -164,706 | 673,895 |
| Depreciation | 386,138 | 2,451,641 | 622,346 | 854,530 | 577,124 | 866,460 | 723,896 |
| Amortisation | 25,000 | 40,000 | 85,000 | 85,000 | 40,000 | 60,000 | 60,000 |
| Tax | 131,572 | 84,837 | 106,167 | 201,233 | 102,986 | 76,237 | -137,552 |
| Stock | -10,166 | -2,706 | -1,136 | 9,075 | -25,428 | 5,918 | 42,502 |
| Debtors | -547,518 | 461,216 | 60,940 | -843,873 | 550,532 | -24,990 | 649,529 |
| Creditors | -94,340 | 10,985 | -127,829 | -296,459 | 51,869 | -24,674 | 597,215 |
| Accruals and Deferred Income | -189,849 | 195,343 | -374,514 | -19,724 | -877,889 | -261,165 | 1,812,232 |
| Deferred Taxes & Provisions | -131,572 | -81,077 | -83,588 | -173,061 | -124,734 | -155,588 | 810,656 |
| Cash flow from operations | -3,434,693 | -388,513 | -305,060 | 492,668 | -1,559,918 | 415,636 | 3,848,311 |
| Investing Activities | |||||||
| capital expenditure | -43,973 | -83,724 | -5,843 | -183,892 | -94,811 | 269,962 | -211,235 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -43,973 | -83,724 | -5,843 | -183,892 | -94,811 | 269,962 | -211,235 |
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -79,986 | 283,857 | -109,722 | -23,027 | 132,749 | -116,405 | 116,405 |
| Other Short Term Loans | 0 | -1,654,776 | 654,776 | 0 | 0 | 1,000,000 | 0 |
| Long term loans | 0 | 1,000,000 | -500,000 | 0 | -195,282 | 2,735,845 | 1,459,437 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | 0 | 0 | 0 | 33 | 14 | 13,644 | -8,432 |
| cash flow from financing | -79,986 | -370,919 | 45,054 | -22,994 | -62,519 | -366,916 | 13,253,920 |
| cash and cash equivalents | |||||||
| cash | -266,386 | -846,156 | -265,849 | 291,936 | -1,231,950 | 257,482 | 2,593,949 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -266,386 | -846,156 | -265,849 | 291,936 | -1,231,950 | 257,482 | 2,593,949 |
ian cleaver properties limited Credit Report and Business Information
Ian Cleaver Properties Limited Competitor Analysis
Perform a competitor analysis for ian cleaver properties limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in G 3 area or any other competitors across 12 key performance metrics.
ian cleaver properties limited Ownership
IAN CLEAVER PROPERTIES LIMITED group structure
Ian Cleaver Properties Limited has no subsidiary companies.
Ultimate parent company
IAN CLEAVER PROPERTIES LIMITED
SC153417
ian cleaver properties limited directors
Ian Cleaver Properties Limited currently has 2 directors. The longest serving directors include Ms Anthea Cleaver (Oct 1994) and Mr Ian Cleaver (May 1999).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Anthea Cleaver | 83 years | Oct 1994 | - | Director | |
| Mr Ian Cleaver | 86 years | May 1999 | - | Director |
P&L
January 2016turnover
6.8m
-28%
operating profit
-4.1m
+57%
gross margin
64%
+2.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2016net assets
230k
-0.95%
total assets
5.4m
-0.45%
cash
533k
-0.33%
net assets
Total assets minus all liabilities
ian cleaver properties limited company details
company number
SC153417
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 1994
age
30
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
highland heritage limited (November 2017)
last accounts submitted
January 2016
address
c/o french duncan llp, 133 finnieston street, glasgow, G3 8HB
accountant
-
auditor
-
ian cleaver properties 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 ian cleaver properties limited.
ian cleaver properties limited Companies House Filings - See Documents
| date | description | view/download |
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