citystage properties limited

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citystage properties limited Company Information

Share CITYSTAGE PROPERTIES LIMITED

Company Number

SC445355

Shareholders

daniel purkis

graeme coutts

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Group Structure

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Industry

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

c/o acumen accountants and advis, bankhead drive, city south offic, aberdeen, AB12 4XX

Website

-

citystage properties limited Estimated Valuation

£37.4k

Pomanda estimates the enterprise value of CITYSTAGE PROPERTIES LIMITED at £37.4k based on a Turnover of £11.2k and 3.36x industry multiple (adjusted for size and gross margin).

citystage properties limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of CITYSTAGE PROPERTIES LIMITED at £1.6m based on an EBITDA of £238.5k and a 6.56x industry multiple (adjusted for size and gross margin).

citystage properties limited Estimated Valuation

£3.5m

Pomanda estimates the enterprise value of CITYSTAGE PROPERTIES LIMITED at £3.5m based on Net Assets of £2m and 1.75x industry multiple (adjusted for liquidity).

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Citystage Properties Limited Overview

Citystage Properties Limited is a live company located in aberdeen, AB12 4XX with a Companies House number of SC445355. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2013, it's largest shareholder is daniel purkis with a 33.3% stake. Citystage Properties Limited is a established, micro sized company, Pomanda has estimated its turnover at £11.2k with declining growth in recent years.

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Citystage Properties Limited Health Check

Pomanda's financial health check has awarded Citystage Properties Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £11.2k, make it smaller than the average company (£924.2k)

£11.2k - Citystage Properties Limited

£924.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -75%, show it is growing at a slower rate (4.9%)

-75% - Citystage Properties Limited

4.9% - Industry AVG

production

Production

with a gross margin of 75.4%, this company has a comparable cost of product (75.4%)

75.4% - Citystage Properties Limited

75.4% - Industry AVG

profitability

Profitability

an operating margin of 2138.4% make it more profitable than the average company (29.6%)

2138.4% - Citystage Properties Limited

29.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Citystage Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)

£32.3k - Citystage Properties Limited

£32.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £11.2k, this is less efficient (£177.3k)

£11.2k - Citystage Properties Limited

£177.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Citystage Properties Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 638 days, this is slower than average (38 days)

638 days - Citystage Properties Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Citystage Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (12 weeks)

6 weeks - Citystage Properties Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 36.8%, this is a lower level of debt than the average (64%)

36.8% - Citystage Properties Limited

64% - Industry AVG

CITYSTAGE PROPERTIES LIMITED financials

EXPORTms excel logo

Citystage Properties Limited's latest turnover from March 2024 is estimated at £11.2 thousand and the company has net assets of £2 million. According to their latest financial statements, we estimate that Citystage Properties Limited has 1 employee and maintains cash reserves of £140.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover11,155850,060755,362720,432810,468700,5722281,426,107665,455
Other Income Or Grants
Cost Of Sales2,743212,285188,840179,646209,427176,99665481,727217,230
Gross Profit8,412637,775566,522540,786601,041523,576163944,381448,225
Admin Expenses-230,121372,274297,946288,542360,567-217,661-116,090401,284-148,517760,878429,181
Operating Profit238,533265,501268,576252,244240,474217,661116,090122,292148,680183,50319,044
Interest Payable45,00056,37547,25042,70042,70047,25022,750
Interest Receivable7,03511,4572,6893173642,4781,4928191,137624287
Pre-Tax Profit200,568220,583224,015209,862198,138172,88994,832123,111149,818184,12719,331
Tax-50,142-41,911-42,563-39,874-37,646-32,849-18,018-24,622-29,963-38,667-4,446
Profit After Tax150,426178,672181,452169,988160,492140,04076,81498,489119,854145,46014,885
Dividends Paid
Retained Profit150,426178,672181,452169,988160,492140,04076,81498,489119,854145,46014,885
Employee Costs32,322182,226177,266161,070164,351153,43126,247260,247123,935
Number Of Employees1666661105
EBITDA*238,533265,501268,576253,233248,437248,498162,663168,865194,902222,32434,993

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets9898,95238,72585,298131,871154,402166,116
Intangible Assets
Investments & Other3,000,0003,000,0003,000,0003,400,0003,400,0003,400,0003,400,0003,400,0003,000,0003,000,0002,386,900
Debtors (Due After 1 year)
Total Fixed Assets3,000,0003,000,0003,000,0003,400,0003,400,9893,408,9523,438,7253,485,2983,131,8713,154,4022,553,016
Stock & work in progress
Trade Debtors74,61072,76569,30069,30050,25264,28864,198
Group Debtors
Misc Debtors2,4003501,4133,2951,5401,44988
Cash140,195127,790411,368305,583329,272398,914261,821335,014320,148134,793114,796
misc current assets
total current assets142,595202,400484,133375,233399,985402,209263,361386,715320,236199,081178,994
total assets3,142,5953,202,4003,484,1333,775,2333,800,9743,811,1613,702,0863,872,0133,452,1073,353,4832,732,010
Bank overdraft400,000400,000700,000700,000700,000700,000700,000
Bank loan
Trade Creditors 4,80091911,62571,106
Group/Directors Accounts636,000786,000936,0001,011,0001,216,0001,386,000495,000795,000815,0001,660,0002,640,000
other short term finances
hp & lease commitments
other current liabilities52,108117,139127,544125,152115,769115,2381,034,7961,678,7961,734,064
total current liabilities1,092,9081,303,1391,763,5441,836,1522,031,7692,201,2382,229,7962,473,7962,549,1552,571,6252,711,106
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions64,78964,78964,789140,789140,845142,055144,462163,529110,2998,3986,004
total long term liabilities64,78964,78964,789140,789140,845142,055144,462163,529110,2998,3986,004
total liabilities1,157,6971,367,9281,828,3331,976,9412,172,6142,343,2932,374,2582,637,3252,659,4542,580,0232,717,110
net assets1,984,8981,834,4721,655,8001,798,2921,628,3601,467,8681,327,8281,234,688792,653773,46014,900
total shareholders funds1,984,8981,834,4721,655,8001,798,2921,628,3601,467,8681,327,8281,234,688792,653773,46014,900
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit238,533265,501268,576252,244240,474217,661116,090122,292148,680183,50319,044
Depreciation9897,96330,83746,57346,57346,22238,82115,949
Amortisation
Tax-50,142-41,911-42,563-39,874-37,646-32,849-18,018-24,622-29,963-38,667-4,446
Stock
Debtors-72,2101,8453,115-1,06367,4181,755-50,16151,613-64,2009064,198
Creditors4,800-91-911,534840,51971,106
Accruals and Deferred Income-65,031-10,4052,3929,383531-919,558-644,000-55,2681,734,064
Deferred Taxes & Provisions-76,000-56-1,210-2,407-19,06753,230101,9012,3946,004
Cash flow from operations200,370211,340149,290223,749142,694-708,071-468,26190,5011,153,5701,026,48043,459
Investing Activities
capital expenditure-1,064-23,691-27,107-182,065
Change in Investments-400,000400,000613,1002,386,900
cash flow from investments400,000-1,064-400,000-23,691-640,207-2,568,965
Financing Activities
Bank loans
Group/Directors Accounts-150,000-150,000-75,000-205,000-170,000891,000-300,000-20,000-845,000-980,0002,640,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-323,944-5616,326343,546-100,661613,10015
interest-37,965-44,918-44,561-42,383-42,336-44,772-21,2588191,137624287
cash flow from financing-187,965-194,918-443,505-247,439-212,336846,228-304,932324,365-944,524-366,2762,640,302
cash and cash equivalents
cash12,405-283,578105,785-23,689-69,642137,093-73,19314,866185,35519,997114,796
overdraft-300,000700,000
change in cash12,40516,422105,785-23,689-69,642137,093-773,19314,866185,35519,997114,796

citystage properties limited 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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Citystage Properties Limited Competitor Analysis

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Perform a competitor analysis for citystage properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in AB12 area or any other competitors across 12 key performance metrics.

citystage properties limited Ownership

CITYSTAGE PROPERTIES LIMITED group structure

Citystage Properties Limited has no subsidiary companies.

Ultimate parent company

CITYSTAGE PROPERTIES LIMITED

SC445355

CITYSTAGE PROPERTIES LIMITED Shareholders

daniel purkis 33.33%
graeme coutts 33.33%
colin smith 33.33%

citystage properties limited directors

Citystage Properties Limited currently has 3 directors. The longest serving directors include Mr Graeme Coutts (Mar 2013) and Mr Daniel Purkis (Mar 2013).

officercountryagestartendrole
Mr Graeme CouttsUnited Kingdom65 years Mar 2013- Director
Mr Daniel PurkisScotland57 years Mar 2013- Director
Mr Colin SmithUnited Kingdom69 years Mar 2013- Director

P&L

March 2024

turnover

11.2k

-99%

operating profit

238.5k

0%

gross margin

75.5%

+0.51%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

2m

+0.08%

total assets

3.1m

-0.02%

cash

140.2k

+0.1%

net assets

Total assets minus all liabilities

citystage properties limited company details

company number

SC445355

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

March 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

ACUMEN ACCOUNTANTS & ADVISORS LIMITED

auditor

-

address

c/o acumen accountants and advis, bankhead drive, city south offic, aberdeen, AB12 4XX

Bank

-

Legal Advisor

-

citystage 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 citystage properties limited.

citystage properties 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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citystage properties limited Companies House Filings - See Documents

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