mara developments limited
mara developments limited Company Information
Company Number
NI051320
Website
http://valuecabs.co.ukRegistered Address
33 - 35 grosvenor road, belfast, BT12 4GR
Industry
Development of building projects
Telephone
02890380881
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
mccausland airport garage ltd 50%
value cabs ltd 50%
mara developments limited Estimated Valuation
Pomanda estimates the enterprise value of MARA DEVELOPMENTS LIMITED at £740.7k based on a Turnover of £1.6m and 0.46x industry multiple (adjusted for size and gross margin).
mara developments limited Estimated Valuation
Pomanda estimates the enterprise value of MARA DEVELOPMENTS LIMITED at £463.8k based on an EBITDA of £134.1k and a 3.46x industry multiple (adjusted for size and gross margin).
mara developments limited Estimated Valuation
Pomanda estimates the enterprise value of MARA DEVELOPMENTS LIMITED at £0 based on Net Assets of £-71.4k and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mara Developments Limited 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.
Mara Developments Limited Overview
Mara Developments Limited is a live company located in belfast, BT12 4GR with a Companies House number of NI051320. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2004, it's largest shareholder is mccausland airport garage ltd with a 50% stake. Mara Developments Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mara Developments Limited Health Check
Pomanda's financial health check has awarded Mara Developments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
4 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£2.3m)
- Mara Developments Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (2.8%)
- Mara Developments Limited
2.8% - Industry AVG
Production
with a gross margin of 25.4%, this company has a comparable cost of product (25.4%)
- Mara Developments Limited
25.4% - Industry AVG
Profitability
an operating margin of 8.2% make it as profitable than the average company (7%)
- Mara Developments Limited
7% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (6)
- Mara Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- Mara Developments Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £267.7k, this is equally as efficient (£293.5k)
- Mara Developments Limited
£293.5k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (27 days)
- Mara Developments Limited
27 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mara Developments Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 1081 days, this is more than average (181 days)
- Mara Developments Limited
181 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Mara Developments Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102%, this is a higher level of debt than the average (74.3%)
102% - Mara Developments Limited
74.3% - Industry AVG
mara developments limited Credit Report and Business Information
Mara Developments Limited Competitor Analysis
Perform a competitor analysis for mara developments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mara developments limited Ownership
MARA DEVELOPMENTS LIMITED group structure
Mara Developments Limited has no subsidiary companies.
Ultimate parent company
MARA DEVELOPMENTS LIMITED
NI051320
mara developments limited directors
Mara Developments Limited currently has 3 directors. The longest serving directors include Mr Christopher McCausland (Aug 2004) and Mr Stephen McCausland (Feb 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher McCausland | Northern Ireland | 62 years | Aug 2004 | - | Director |
| Mr Stephen McCausland | Northern Ireland | 67 years | Feb 2006 | - | Director |
| Mr Michael McCausland | Northern Ireland | 27 years | Feb 2024 | - | Director |
MARA DEVELOPMENTS LIMITED financials
Mara Developments Limited's latest turnover from June 2023 is estimated at £1.6 million and the company has net assets of -£71.4 thousand. According to their latest financial statements, we estimate that Mara Developments Limited has 6 employees and maintains cash reserves of £2.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Dec 2010 | Dec 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 | 1 | 1 | 1 | 1 | 2 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,029 | 2,961 | 3,052 | 4,325 | 6,342 | 7,157 | 4,750 | 4,207 | 3,747 | 4,980 | 6,665 | 32,887 | 42,949 | 36,383 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,029 | 2,961 | 3,052 | 4,325 | 6,342 | 7,157 | 4,750 | 4,207 | 3,747 | 4,980 | 6,665 | 32,887 | 42,949 | 36,383 |
| Stock & work in progress | 3,550,784 | 4,119,309 | 5,823,460 | 7,643,584 | 0 | 8,606,112 | 12,235,187 | 13,979,709 | 15,937,213 | 17,986,687 | 19,861,850 | 23,203,693 | 27,222,079 | 27,493,179 |
| Trade Debtors | 17,601 | 12,800 | 0 | 351 | 9,040,573 | 6,513 | 5,929 | 27,925 | 70,023 | 114,542 | 186,365 | 189,797 | 285,283 | 492,918 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 11,669 | 610,971 | 903,195 | 814,526 | 0 | 884,449 | 39,701 | 26,707 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 2,092 | 0 | 0 | 52,552 | 0 | 356,311 | 461,006 | 0 | 0 | 714 | 29,267 | 238 | 2,180 | 14,417 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,582,146 | 4,743,080 | 6,726,655 | 8,511,013 | 9,040,573 | 9,853,385 | 12,741,823 | 14,034,341 | 16,007,236 | 18,101,943 | 20,077,482 | 23,393,728 | 27,509,542 | 28,000,514 |
| total assets | 3,583,175 | 4,746,041 | 6,729,707 | 8,515,338 | 9,046,915 | 9,860,542 | 12,746,573 | 14,038,548 | 16,010,983 | 18,106,923 | 20,084,147 | 23,426,615 | 27,552,491 | 28,036,897 |
| Bank overdraft | 500,028 | 497,935 | 497,935 | 522,027 | 0 | 537,000 | 537,000 | 1,831,759 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 16 | 141 | 537,864 | 3,239 | 46,775 | 0 | 1,701,442 | 2,240,895 | 2,062,136 | 2,050,161 | 2,442,144 | 2,410,123 |
| Group/Directors Accounts | 0 | 300,000 | 375,000 | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 470,379 | 483,224 | 90,265 | 106,679 | 0 | 102,483 | 145,094 | 78,324 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 970,407 | 1,281,159 | 963,216 | 628,847 | 537,864 | 642,722 | 728,869 | 1,910,083 | 1,701,442 | 2,240,895 | 2,062,136 | 2,050,161 | 2,442,144 | 2,410,123 |
| loans | 2,684,121 | 3,285,267 | 5,496,802 | 7,709,093 | 8,232,499 | 9,117,533 | 11,964,510 | 12,081,682 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 74,653 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,614,652 | 15,192,768 | 17,346,328 | 20,279,127 | 23,383,507 | 24,163,665 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,684,121 | 3,285,267 | 5,496,802 | 7,709,093 | 8,307,152 | 9,117,533 | 11,964,510 | 12,081,682 | 13,614,652 | 15,192,768 | 17,346,328 | 20,279,127 | 23,383,507 | 24,163,665 |
| total liabilities | 3,654,528 | 4,566,426 | 6,460,018 | 8,337,940 | 8,845,016 | 9,760,255 | 12,693,379 | 13,991,765 | 15,316,094 | 17,433,663 | 19,408,464 | 22,329,288 | 25,825,651 | 26,573,788 |
| net assets | -71,353 | 179,615 | 269,689 | 177,398 | 201,899 | 100,287 | 53,194 | 46,783 | 694,889 | 673,260 | 675,683 | 1,097,327 | 1,726,840 | 1,463,109 |
| total shareholders funds | -71,353 | 179,615 | 269,689 | 177,398 | 201,899 | 100,287 | 53,194 | 46,783 | 694,889 | 673,260 | 675,683 | 1,097,327 | 1,726,840 | 1,463,109 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 1,932 | 1,994 | 2,613 | 0 | 2,264 | 1,489 | 757 | 909 | 1,233 | 1,685 | 1,445 | 13,520 | 9,143 | 9,003 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | -568,525 | -1,704,151 | -1,820,124 | 7,643,584 | -8,606,112 | -3,629,075 | -1,744,522 | -1,957,504 | -2,049,474 | -1,875,163 | -3,341,843 | 23,203,693 | -271,100 | 27,493,179 |
| Debtors | -594,501 | -279,424 | 88,318 | -8,225,696 | 8,149,611 | 845,332 | -9,002 | -15,391 | -44,519 | -71,823 | -3,432 | 189,797 | -207,635 | 492,918 |
| Creditors | 0 | -16 | -125 | -537,723 | 534,625 | -43,536 | 46,775 | -1,701,442 | -539,453 | 178,759 | 11,975 | 2,050,161 | 32,021 | 2,410,123 |
| Accruals and Deferred Income | -12,845 | 392,959 | -16,414 | 32,026 | -27,830 | -42,611 | 66,770 | 78,324 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -300,000 | -75,000 | 375,000 | 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 |
| Long term loans | -601,146 | -2,211,535 | -2,212,291 | -523,406 | -885,034 | -2,846,977 | -117,172 | 12,081,682 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13,614,652 | -1,578,116 | -2,153,560 | -2,932,799 | 20,279,127 | -780,158 | 24,163,665 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 2,092 | 0 | -52,552 | 52,552 | -356,311 | -104,695 | 461,006 | 0 | -714 | -28,553 | 29,029 | 238 | -12,237 | 14,417 |
| overdraft | 2,093 | 0 | -24,092 | 522,027 | -537,000 | 0 | -1,294,759 | 1,831,759 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1 | 0 | -28,460 | -469,475 | 180,689 | -104,695 | 1,755,765 | -1,831,759 | -714 | -28,553 | 29,029 | 238 | -12,237 | 14,417 |
P&L
June 2023turnover
1.6m
-4%
operating profit
132.2k
0%
gross margin
25.5%
+6.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-71.4k
-1.4%
total assets
3.6m
-0.25%
cash
2.1k
0%
net assets
Total assets minus all liabilities
mara developments limited company details
company number
NI051320
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 2004
age
20
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
33 - 35 grosvenor road, belfast, BT12 4GR
last accounts submitted
June 2023
mara developments 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 found 21 charges/mortgages relating to mara developments limited. Currently there are 16 open charges and 5 have been satisfied in the past.
mara developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
