EasyProperty

easyProperty proudly presents a cost-effective new way to let and sell property in England & Wales. Following the philosophy of our sister company, easyJet, we’re here to give our customers more. More value: because we’re an online service, we can make massive savings and pass them on to you. We’re cheaper, faster, and easier than anything you’ll find on the high street. More power: we give maximum power to our users. Whether it’s getting your property seen on Rightmove, Zoopla, and PrimeLocation, or providing you with professional property photos, you can be sure you’re getting the best. More control: our super-flexible model means you can do as much, or as little, as you like. You pick the services you want, which guarantees you will only ever pay for what you need. No hidden fees, no extra admin charges - none of that nonsense. It’s not our style. easyProperty is for everyone. Whether you’re a first time home buyer or a seasoned landlord, our promise is the same - you won’t pay a penny more than you need to. If you have any questions, visit us at easyProperty.com or get in touch with our fantastic team. We’ll be happy to answer any questions you might have.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2013
Size (employees)
86 (est)-5%
EasyProperty was founded in 2013 and is headquartered in London, GB

Key People at EasyProperty

Rob Ellice

Rob Ellice

CEO

EasyProperty Office Locations

EasyProperty has an office in London
London, GB (HQ)
Meridian Gate, 221 Marshall

EasyProperty Data and Metrics

Summary Metrics

Founding Date

2013

Total Funding

$47.9 m

Latest funding size

$37.6 m

Time since last funding

over 1 year

Investors

EasyProperty's latest funding round in December 2015 was reported to be $37.6 m. In total, EasyProperty has raised $47.9 m

EasyProperty Financial Metrics

EasyProperty's revenue was reported to be £874.9 k in FY, 2016 which is a 507% increase from the previous period.
£, GBP

Revenue (FY, 2016)

874.9 k

Revenue growth (FY, 2015 - FY, 2016), %

507%

Gross profit (FY, 2016)

492.2 k

Gross profit margin (FY, 2016), %

56%

Net income (FY, 2016)

(9.9 m)

Cash (30-Sep-2016)

275.2 k
£, GBPFY, 2015FY, 2016

Revenue

144.2 k874.9 k

Revenue growth, %

507%

Cost of goods sold

167.4 k382.7 k

Gross profit

(23.2 k)492.2 k

Gross profit Margin, %

(16%)56%

Operating expense total

5.7 m10.9 m

Pre tax profit

(5.7 m)(10.4 m)

Net Income

(5.7 m)(9.9 m)
£, GBPFY, 2015FY, 2016

Cash

3.9 m275.2 k

Accounts Receivable

2 k147.7 k

Current Assets

4.4 m1.5 m

PP&E

110.9 k124.2 k

Goodwill

1.3 m1.3 m

Total Assets

5.8 m2.9 m

Accounts Payable

339.4 k288.3 k

Current Liabilities

9.6 m16.7 m

Retained Earnings

(5.7 m)(9.9 m)

Total Equity

(3.8 m)(13.8 m)

Financial Leverage

-1.5 x-0.2 x
£, GBPFY, 2016

Income Taxes Paid

432.3 k
£, GBPY, 2016

Revenue/Employee

11.4 k

Financial Leverage

-0.2 x

EasyProperty Online and Social Media Presence

EasyProperty News and Updates

EasyProperty Company Life and Culture

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