Sam Properties (withington) Ltd

Sam Properties Withington Ltd, based in Manchester, UK, is a small, active company founded 18 years ago in 2006. With 13 employees and £424,400 in assets, it operates from a real address at 433 Wilmslow Road, Withington, and is a family business managed by three directors and two owners. The company has a Google rating of 2.0 based on 80 reviews, and regularly imports furniture, lighting, and prefabricated buildings, with its last import operation recorded three months ago in September 2016.

The company’s website showcases a range of rental properties across Manchester and surrounding areas, from studios to three-bedroom houses. It offers a user-friendly search tool allowing potential tenants to filter by location, size, and price, and includes a rent affordability calculator. The site is clearly geared towards attracting renters, with detailed property descriptions, high-quality photos, and a focus on convenience and accessibility. It's an ecommerce site, offering properties for rent and providing a platform for potential tenants to find their next home. There's a section for landlords too, providing information and contact details.

Financially, Sam Properties Withington Ltd shows some concerning trends. Current assets have decreased by 19%, dropping to £420,000, while net assets have also fallen by 19%, settling at £180,000. Bank borrowings have decreased by 46%, reaching £12,000, and cash reserves have fallen by 37%, down to £230,000. Creditors have also declined by 46%, to £12,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity is a point of concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Sam Properties Withington Ltd is facing financial pressures, despite its active business and well-designed website. The company’s focus on property management and its family-run structure suggest a commitment to local service, but the declining financial metrics warrant close monitoring.

Registered in England/Wales under the registration number 05968354, with a registered address at M20 4AF, Manchester, 433 Wilmslow Road, Withington.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.