meggitt properties limited

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meggitt properties limited Company Information

Share MEGGITT PROPERTIES LIMITED

Company Number

00236045

Shareholders

meggitt international holdings limited

bells engineering limited

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

pilot way ansty business park, coventry, CV7 9JU

meggitt properties limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MEGGITT PROPERTIES LIMITED at £0 based on a Turnover of £0 and 3.35x industry multiple (adjusted for size and gross margin).

meggitt properties limited Estimated Valuation

£12.7m

Pomanda estimates the enterprise value of MEGGITT PROPERTIES LIMITED at £12.7m based on an EBITDA of £2m and a 6.52x industry multiple (adjusted for size and gross margin).

meggitt properties limited Estimated Valuation

£850.5m

Pomanda estimates the enterprise value of MEGGITT PROPERTIES LIMITED at £850.5m based on Net Assets of £505.4m and 1.68x industry multiple (adjusted for liquidity).

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Meggitt Properties Limited Overview

Meggitt Properties Limited is a live company located in coventry, CV7 9JU with a Companies House number of 00236045. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 1929, it's largest shareholder is meggitt international holdings limited with a 100% stake. Meggitt Properties Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Meggitt Properties Limited Health Check

Pomanda's financial health check has awarded Meggitt Properties Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 1 areas for improvement. Company Health Check FAQs

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Health Rating1out of 5
positive_score

1 Strong

positive_score

0 Regular

positive_score

1 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

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growth

Growth

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production

Production

There is insufficient data available for this Key Performance Indicator!

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profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

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employees

Employees

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

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paystructure

Pay Structure

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efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

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debtordays

Debtor Days

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creditordays

Creditor Days

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stockdays

Stock Days

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cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

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debtlevel

Debt Level

it has a ratio of liabilities to total assets of 41.5%, this is a lower level of debt than the average (69.3%)

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MEGGITT PROPERTIES LIMITED financials

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Meggitt Properties Limited's latest turnover from June 2024 is 0 and the company has net assets of £505.4 million. According to their latest financial statements, we estimate that Meggitt Properties Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover
Other Income Or Grants
Cost Of Sales
Gross Profit
Admin Expenses-856,000-73,974,0004,206,0002,601,000-791,000-515,000-802,000-192,000-112,303,7509,118,0004,497,0004,655,0001,725,0004,825,0001,995,000
Operating Profit856,00073,974,000-4,206,000-2,601,000791,000515,000802,000192,000112,303,750-9,118,000-4,497,000-4,655,000-1,725,000-4,825,000-1,995,000
Interest Payable15,457,00013,065,0009,346,0009,517,0008,852,0009,818,0008,995,0005,615,0005,918,0004,913,0006,137,0007,030,0003,988,0002,872,00022,345,000
Interest Receivable2,786,0004,239,0002,830,0003,194,0001,202,0003,302,0003,061,000787,000885,0001,007,000623,000575,0001,252,000
Pre-Tax Profit-15,022,00065,148,00027,593,000-2,365,00031,760,00022,058,00039,428,000164,854,00088,725,00078,817,00036,646,00015,712,00058,924,000209,068,000268,405,000
Tax-3,745,0002,381,0003,178,000804,000-1,695,0001,269,0001,237,0001,249,0001,118,0001,235,0001,434,0001,827,000952,000132,0005,632,000
Profit After Tax-18,767,00067,529,00030,771,000-1,561,00030,065,00023,327,00040,665,000166,103,00089,843,00080,052,00038,080,00017,539,00059,876,000209,200,000274,037,000
Dividends Paid18,228,00028,499,00074,745,000170,363,00071,993,00036,097,00029,265,00044,891,00082,203,00023,445,00049,731,000
Retained Profit-18,767,00067,529,00030,771,000-1,561,00011,837,000-5,172,000-34,080,000-4,260,00017,850,00043,955,0008,815,000-27,352,000-22,327,000185,755,000224,306,000
Employee Costs23,90424,095
Number Of Employees11111111111111
EBITDA*1,953,00075,458,000-3,306,000-1,909,0002,482,0001,598,0001,761,000193,000112,304,750-8,848,000-4,277,000-4,527,000-1,599,000-4,688,000-1,868,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets7,835,0008,553,0006,844,0007,722,0003,933,0005,642,0005,539,00024,00025,00026,00010,311,0004,391,0004,519,0004,645,0004,782,000
Intangible Assets
Investments & Other796,883,000802,007,000803,590,000802,687,000808,057,000808,315,000808,560,000808,826,000807,701,000761,688,000708,215,000715,536,000671,296,000466,164,000555,390,000
Debtors (Due After 1 year)51,689,00056,781,00053,723,00054,964,00056,808,000
Total Fixed Assets856,407,000867,341,000864,157,000865,373,000868,798,000813,957,000814,099,000808,850,000807,726,000761,714,000718,526,000719,927,000675,815,000470,809,000560,172,000
Stock & work in progress
Trade Debtors1,346,0002,056,000197,0005,0005,0008,0003,0003,000
Group Debtors4,762,00024,942,000955,0004,677,00010,555,0003,825,0005,538,0005,610,000748,000378,0003,818,0002,408,0002,950,0005,720,0002,087,000
Misc Debtors797,000849,0001,609,0001,296,0003,198,0002,773,0001,428,0002,594,0001,048,0001,120,0001,00012,0002,956,000
Cash
misc current assets1,241,0001,201,000
total current assets6,905,00027,847,0003,805,0007,174,00013,753,0006,795,0006,971,0008,209,0001,804,0001,501,0003,822,0002,420,0002,950,0005,720,0005,043,000
total assets863,312,000895,188,000867,962,000872,547,000882,551,000820,752,000821,070,000817,059,000809,530,000763,215,000722,348,000722,347,000678,765,000476,529,000565,215,000
Bank overdraft
Bank loan
Trade Creditors 76,0001,294,000328,000629,00084,0002,0002,00068,000
Group/Directors Accounts296,931,000307,722,000348,961,000356,019,000369,936,000377,936,000373,341,000339,612,000328,810,000300,429,000303,648,000312,637,000241,680,00017,227,000289,635,000
other short term finances
hp & lease commitments1,642,0002,689,0001,886,0002,072,0002,224,0001,485,0001,024,000
other current liabilities325,00025,0003,695,0001,433,000159,00092,000647,000298,000165,000186,00060,00077,00065,000
total current liabilities298,898,000310,436,000350,923,000363,080,000373,921,000379,580,000374,457,000340,888,000329,108,000300,678,000303,834,000312,697,000241,759,00017,294,000289,703,000
loans
hp & lease commitments59,052,00060,623,00060,439,00062,368,00060,654,0005,024,0005,401,000
Accruals and Deferred Income
other liabilities
provisions927,000243,000252,000144,000255,000246,000211,000143,00094,00098,0002,032,000
total long term liabilities59,052,00060,623,00060,439,00063,295,00060,897,0005,276,0005,545,000255,000246,000211,000143,00094,00098,0002,032,000
total liabilities357,950,000371,059,000411,362,000426,375,000434,818,000384,856,000380,002,000341,143,000329,354,000300,889,000303,977,000312,791,000241,857,00017,294,000291,735,000
net assets505,362,000524,129,000456,600,000446,172,000447,733,000435,896,000441,068,000475,916,000480,176,000462,326,000418,371,000409,556,000436,908,000459,235,000273,480,000
total shareholders funds505,362,000524,129,000456,600,000446,172,000447,733,000435,896,000441,068,000475,916,000480,176,000462,326,000418,371,000409,556,000436,908,000459,235,000273,480,000
Jun 2024Jun 2023Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit856,00073,974,000-4,206,000-2,601,000791,000515,000802,000192,000112,303,750-9,118,000-4,497,000-4,655,000-1,725,000-4,825,000-1,995,000
Depreciation1,097,0001,484,000900,000692,0001,691,0001,083,000959,0001,0001,000270,000220,000128,000126,000137,000127,000
Amortisation
Tax-3,745,0002,381,0003,178,000804,000-1,695,0001,269,0001,237,0001,249,0001,118,0001,235,0001,434,0001,827,000952,000132,0005,632,000
Stock
Debtors-26,034,00084,628,000-4,650,000-9,624,00063,766,000-176,000-1,238,0006,405,000303,000-2,321,0001,402,000-530,000-2,770,000677,0005,043,000
Creditors-1,218,000966,000328,000-629,000629,000-84,00084,000-2,000-66,00068,000
Accruals and Deferred Income300,00025,000-3,695,0002,262,0001,274,00067,000-555,000349,000133,000-21,000126,000-17,00012,00065,000
Deferred Taxes & Provisions-927,000684,000-9,000108,000-111,0009,00035,00068,00049,000-4,00098,000-2,032,0002,032,000
Cash flow from operations24,542,000-6,764,000-1,318,00012,431,000-61,386,0003,218,0002,941,000-3,976,000113,203,750-5,161,000-4,070,000-2,193,0002,233,000-7,266,000821,000
Investing Activities
capital expenditure-379,000-10,037,000-22,000-4,481,00018,000-1,186,000-6,474,00010,015,000-6,140,000-4,909,000
Change in Investments-5,124,000802,007,000903,000-5,370,000-258,000-245,000-266,0001,125,00046,013,00053,473,000-7,321,00044,240,000205,132,000-89,226,000555,390,000
cash flow from investments4,745,000-812,044,000-925,000889,000276,000-941,000-6,208,000-1,125,000-46,013,000-43,458,0001,181,000-44,240,000-205,132,00089,226,000-560,299,000
Financing Activities
Bank loans
Group/Directors Accounts-10,791,000307,722,000-7,058,000-13,917,000-8,000,0004,595,00033,729,00010,802,00028,381,000-3,219,000-8,989,00070,957,000224,453,000-272,408,000289,635,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-2,618,00063,312,000-2,115,0001,562,00056,369,00084,0006,425,000
other long term liabilities
share issue456,600,000-20,343,000-768,00049,174,000
interest-12,671,000-8,826,000-6,516,000-6,323,000-7,650,000-6,516,000-5,934,000-5,615,000-5,131,000-4,913,000-5,252,000-6,023,000-3,365,000-2,297,000-21,093,000
cash flow from financing-26,080,000818,808,000-36,032,000-18,678,00040,719,000-1,837,00033,452,0005,187,00023,250,000-8,132,000-14,241,00064,934,000221,088,000-274,705,000317,716,000
cash and cash equivalents
cash
overdraft
change in cash

meggitt 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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Meggitt Properties Limited Competitor Analysis

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Perform a competitor analysis for meggitt properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mature companies, companies in CV7 area or any other competitors across 12 key performance metrics.

meggitt properties limited directors

Meggitt Properties Limited currently has 2 directors. The longest serving directors include Mr Robert Parker (Feb 2024) and Mrs Jennifer Weir (Apr 2024).

officercountryagestartendrole
Mr Robert ParkerEngland50 years Feb 2024- Director
Mrs Jennifer WeirEngland56 years Apr 2024- Director

P&L

June 2024

turnover

0

0%

operating profit

856k

-99%

gross margin

0%

0%

turnover

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

Balance Sheet

June 2024

net assets

505.4m

-0.04%

total assets

863.3m

-0.04%

cash

0

0%

net assets

Total assets minus all liabilities

meggitt properties limited company details

company number

00236045

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

January 1929

age

96

incorporated

UK

ultimate parent company

PARKER HANNIFIN CORPORATION

accounts

Full Accounts

last accounts submitted

June 2024

previous names

meggitt properties plc (April 2023)

bestobell plc (January 1990)

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accountant

-

auditor

DAFFERNS LLP

address

pilot way ansty business park, coventry, CV7 9JU

Bank

-

Legal Advisor

-

meggitt 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 meggitt properties limited.

meggitt properties limited Capital Raised & Share Issues BETA

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meggitt properties limited Companies House Filings - See Documents

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