altheran properties ltd.
altheran properties ltd. Company Information
Company Number
SC288626
Website
-Registered Address
89 commercial road, strathaven, ML10 6JJ
Industry
Development of building projects
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Directors
Alan Grieve18 Years
Shareholders
alan george grieve 100%
altheran properties ltd. Estimated Valuation
Pomanda estimates the enterprise value of ALTHERAN PROPERTIES LTD. at £29k based on a Turnover of £95.8k and 0.3x industry multiple (adjusted for size and gross margin).
altheran properties ltd. Estimated Valuation
Pomanda estimates the enterprise value of ALTHERAN PROPERTIES LTD. at £0 based on an EBITDA of £-57.5k and a 2.38x industry multiple (adjusted for size and gross margin).
altheran properties ltd. Estimated Valuation
Pomanda estimates the enterprise value of ALTHERAN PROPERTIES LTD. at £0 based on Net Assets of £-140.3k and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Altheran Properties Ltd. AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Altheran Properties Ltd. Overview
Altheran Properties Ltd. is a live company located in strathaven, ML10 6JJ with a Companies House number of SC288626. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2005, it's largest shareholder is alan george grieve with a 100% stake. Altheran Properties Ltd. is a established, micro sized company, Pomanda has estimated its turnover at £95.8k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Altheran Properties Ltd. Health Check
Pomanda's financial health check has awarded Altheran Properties Ltd. a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £95.8k, make it smaller than the average company (£2.2m)
- Altheran Properties Ltd.
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -55%, show it is growing at a slower rate (2.5%)
- Altheran Properties Ltd.
2.5% - Industry AVG
Production
with a gross margin of 9.6%, this company has a higher cost of product (26.2%)
- Altheran Properties Ltd.
26.2% - Industry AVG
Profitability
an operating margin of -60% make it less profitable than the average company (7.6%)
- Altheran Properties Ltd.
7.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Altheran Properties Ltd.
6 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- Altheran Properties Ltd.
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £95.8k, this is less efficient (£280.7k)
- Altheran Properties Ltd.
£280.7k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (28 days)
- Altheran Properties Ltd.
28 days - Industry AVG
Creditor Days
its suppliers are paid after 197 days, this is slower than average (31 days)
- Altheran Properties Ltd.
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Altheran Properties Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Altheran Properties Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8271.8%, this is a higher level of debt than the average (73.8%)
8271.8% - Altheran Properties Ltd.
73.8% - Industry AVG
altheran properties ltd. Credit Report and Business Information
Altheran Properties Ltd. Competitor Analysis
Perform a competitor analysis for altheran properties ltd. by selecting its closest rivals and benchmarking them against 12 key performance metrics.
altheran properties ltd. Ownership
ALTHERAN PROPERTIES LTD. group structure
Altheran Properties Ltd. has no subsidiary companies.
Ultimate parent company
ALTHERAN PROPERTIES LTD.
SC288626
altheran properties ltd. directors
Altheran Properties Ltd. currently has 1 director, Mr Alan Grieve serving since Aug 2005.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Grieve | 61 years | Aug 2005 | - | Director |
ALTHERAN PROPERTIES LTD. financials
Altheran Properties Ltd.'s latest turnover from April 2023 is estimated at £95.8 thousand and the company has net assets of -£140.3 thousand. According to their latest financial statements, we estimate that Altheran Properties Ltd. has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 326,170 | 326,170 | 326,170 | 326,170 | 325,120 | 325,120 | 325,120 | 325,120 |
| Trade Debtors | 1,717 | 492,915 | 649,452 | 361,549 | 367,034 | 326,352 | 326,412 | 0 | 0 | 0 | 0 | 0 | 140 | 97 | 112 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 302 | 362 | 402 | 317 | 1,427 | 229 | 28,475 | 1,250 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,717 | 492,915 | 649,452 | 361,549 | 367,034 | 326,352 | 326,412 | 326,472 | 326,532 | 326,572 | 326,487 | 326,547 | 325,489 | 353,692 | 326,482 |
| total assets | 1,717 | 492,915 | 649,452 | 361,549 | 367,034 | 326,352 | 326,412 | 326,472 | 326,532 | 326,572 | 326,487 | 326,547 | 325,489 | 353,692 | 326,482 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 46,831 | 233,485 | 366,345 | 65,941 | 71,168 | 30,426 | 30,426 | 30,426 | 30,426 | 144,809 | 144,809 | 126,259 | 133,105 | 136,965 | 52,239 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 46,831 | 233,485 | 366,345 | 65,941 | 71,168 | 30,426 | 30,426 | 30,426 | 30,426 | 144,809 | 144,809 | 126,259 | 133,105 | 136,965 | 52,239 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 95,195 | 342,233 | 335,862 | 335,862 | 335,862 | 335,862 | 335,862 | 335,862 | 335,862 | 335,862 | 335,862 | 334,862 | 305,452 | 305,452 | 355,122 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 95,195 | 342,233 | 335,862 | 335,862 | 335,862 | 335,862 | 335,862 | 335,862 | 335,862 | 335,862 | 335,862 | 334,862 | 305,452 | 305,452 | 355,122 |
| total liabilities | 142,026 | 575,718 | 702,207 | 401,803 | 407,030 | 366,288 | 366,288 | 366,288 | 366,288 | 480,671 | 480,671 | 461,121 | 438,557 | 442,417 | 407,361 |
| net assets | -140,309 | -82,803 | -52,755 | -40,254 | -39,996 | -39,936 | -39,876 | -39,816 | -39,756 | -154,099 | -154,184 | -134,574 | -113,068 | -88,725 | -80,879 |
| total shareholders funds | -140,309 | -82,803 | -52,755 | -40,254 | -39,996 | -39,936 | -39,876 | -39,816 | -39,756 | -154,099 | -154,184 | -134,574 | -113,068 | -88,725 | -80,879 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -326,170 | 0 | 0 | 0 | 1,050 | 0 | 0 | 0 | 325,120 |
| Debtors | -491,198 | -156,537 | 287,903 | -5,485 | 40,682 | -60 | 326,412 | 0 | 0 | 0 | 0 | -140 | 43 | -15 | 112 |
| Creditors | -186,654 | -132,860 | 300,404 | -5,227 | 40,742 | 0 | 0 | 0 | -114,383 | 0 | 18,550 | -6,846 | -3,860 | 84,726 | 52,239 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -247,038 | 6,371 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 29,410 | 0 | -49,670 | 355,122 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -302 | -60 | -40 | 85 | -1,110 | 1,198 | -28,246 | 27,225 | 1,250 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -302 | -60 | -40 | 85 | -1,110 | 1,198 | -28,246 | 27,225 | 1,250 |
P&L
April 2023turnover
95.8k
-94%
operating profit
-57.5k
0%
gross margin
9.7%
+0.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-140.3k
+0.69%
total assets
1.7k
-1%
cash
0
0%
net assets
Total assets minus all liabilities
altheran properties ltd. company details
company number
SC288626
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
August 2005
age
19
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
89 commercial road, strathaven, ML10 6JJ
last accounts submitted
April 2023
altheran properties 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 found 6 charges/mortgages relating to altheran properties ltd.. Currently there are 0 open charges and 6 have been satisfied in the past.
altheran properties ltd. Companies House Filings - See Documents
| date | description | view/download |
|---|
