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 ocg accountants ltd, biz hub tees valley, billingham, TS23 4EA
Website
-
monairit properties limitedEstimated Valuation
£224.1k
Pomanda estimates the enterprise value of MONAIRIT PROPERTIES LIMITED at £224.1k based on a Turnover of £67.6k and 3.31x industry multiple (adjusted for size and gross margin).
monairit properties limitedEstimated Valuation
£887k
Pomanda estimates the enterprise value of MONAIRIT PROPERTIES LIMITED at £887k based on an EBITDA of £136.9k and a 6.48x industry multiple (adjusted for size and gross margin).
monairit properties limitedEstimated Valuation
£2.9m
Pomanda estimates the enterprise value of MONAIRIT PROPERTIES LIMITED at £2.9m based on Net Assets of £1.7m and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Monairit Properties LimitedOverview
Monairit Properties Limited is a live company located in billingham, TS23 4EA with a Companies House number of 00789559. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 1964, it's largest shareholder is
russell royall properties limited
with a 100% stake. Monairit Properties Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£67.6k with
declining
growth in recent years.
Pomanda's financial health check has awarded Monairit Properties Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
2 Regular
5 Weak
Size
annual sales of £67.6k, make it smaller than the average company (£947.1k)
£67.6k - Monairit Properties Limited
£947.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (5.5%)
-10% - Monairit Properties Limited
5.5% - Industry AVG
Production
with a gross margin of 72.8%, this company has a comparable cost of product (72.8%)
72.8% - Monairit Properties Limited
72.8% - Industry AVG
Profitability
an operating margin of 200.7% make it more profitable than the average company (29.1%)
200.7% - Monairit Properties Limited
29.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Monairit Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.5k, the company has an equivalent pay structure (£33.5k)
£33.5k - Monairit Properties Limited
£33.5k - Industry AVG
Efficiency
resulting in sales per employee of £67.6k, this is less efficient (£191.9k)
£67.6k - Monairit Properties Limited
£191.9k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (31 days)
7 days - Monairit Properties Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 228 days, this is slower than average (37 days)
228 days - Monairit Properties Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Monairit Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (10 weeks)
3 weeks - Monairit Properties Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.7%, this is a lower level of debt than the average (69.5%)
38.7% - Monairit Properties Limited
69.5% - Industry AVG
MONAIRIT PROPERTIES LIMITED financials
EXPORT
Monairit Properties Limited's latest turnover from May 2024 is estimated at £67.6 thousand and the company has net assets of £1.7 million. According to their latest financial statements, Monairit Properties Limited has 1 employee and maintains cash reserves of £18.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Turnover
67,633
78,445
102,331
92,886
101,893
32,409
61,043
79,003
122,350
558,305
245,078
241,538
296,610
228,508
225,353
Other Income Or Grants
Cost Of Sales
18,382
21,396
28,305
26,994
28,503
9,667
15,834
21,118
37,329
195,985
85,022
82,438
187,902
132,873
129,281
Gross Profit
49,250
57,049
74,026
65,892
73,389
22,742
45,208
57,885
85,021
362,320
160,056
159,100
108,708
95,635
96,072
Admin Expenses
-86,489
-82,224
-1,547
24,573
160,325
88,475
-70,263
91,992
240,992
164,541
4,298
-11,428
31,512
36,014
34,681
Operating Profit
135,739
139,273
75,573
41,319
-86,936
-65,733
115,471
-34,107
-155,971
197,779
155,758
170,528
77,196
59,621
61,391
Interest Payable
71,395
66,907
44,782
19,552
53,458
101,078
91,345
92,589
107,595
117,382
55,382
45,550
34,446
Interest Receivable
934
1,282
202
2
1
76
315
133
25
36
15
8
12
1
8
Pre-Tax Profit
65,279
73,648
30,993
21,769
-86,935
-65,657
62,328
-135,052
-247,292
105,227
48,178
53,154
22,171
14,072
26,953
Tax
-16,320
-18,412
-5,889
-4,136
-11,842
-22,098
-11,081
-12,757
-4,457
-2,961
-5,670
Profit After Tax
48,959
55,236
25,104
17,633
-86,935
-65,657
50,486
-135,052
-247,292
83,129
37,097
40,397
17,714
11,111
21,283
Dividends Paid
Retained Profit
48,959
55,236
25,104
17,633
-86,935
-65,657
50,486
-135,052
-247,292
83,129
37,097
40,397
17,714
11,111
21,283
Employee Costs
33,465
31,047
30,348
27,502
28,062
27,629
26,552
25,824
26,589
104,000
49,500
48,000
47,809
46,622
50,826
Number Of Employees
1
1
1
1
1
1
1
1
1
4
2
2
2
2
2
EBITDA*
136,905
140,441
77,028
43,260
-84,348
-62,283
115,471
-34,072
-155,902
197,848
155,828
170,600
77,196
59,713
61,500
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Tangible Assets
5,284
3,917
4,366
5,821
7,762
10,350
128
163
232
301
371
443
523
615
Intangible Assets
Investments & Other
2,031,000
1,919,500
1,534,000
1,530,000
1,184,000
1,331,386
1,450,000
5,346,000
4,237,264
4,237,264
4,237,264
4,237,264
4,237,264
4,201,717
3,662,454
Debtors (Due After 1 year)
Total Fixed Assets
2,036,284
1,923,417
1,538,366
1,535,821
1,191,762
1,341,736
1,450,000
5,346,128
4,237,427
4,237,496
4,237,565
4,237,635
4,237,707
4,202,240
3,663,069
Stock & work in progress
Trade Debtors
1,374
3,750
5,756
4,253
4,063
5,575
28,885
82,440
87,347
Group Debtors
Misc Debtors
684,306
632,672
571,083
575,020
583,966
295
2,846
3,482
Cash
18,237
17,362
39,617
810
2,577
3
20,347
105,682
836
9,055
5,388
566
2,615
2,114
3,113
misc current assets
total current assets
703,917
653,784
610,700
575,830
586,543
3
26,398
108,528
4,318
13,308
9,451
6,141
31,500
84,554
90,460
total assets
2,740,201
2,577,201
2,149,066
2,111,651
1,778,305
1,341,739
1,476,398
5,454,656
4,241,745
4,250,804
4,247,016
4,243,776
4,269,207
4,286,794
3,753,529
Bank overdraft
2,500
2,500
2,776
9,897
3,187
6,788
Bank loan
55,800
53,400
116,808
117,504
65,484
Trade Creditors
11,518
13,815
11,389
14,410
12,650
10,648
16,588
6,050
25,209
558,922
231,319
210,405
18,230
12,574
9,125
Group/Directors Accounts
other short term finances
hp & lease commitments
2,291
2,846
2,846
2,846
other current liabilities
234,320
226,793
237,048
220,560
125,233
188,749
238,445
70,443
84,862
11,622
5,662
15,347
total current liabilities
248,338
243,108
253,504
237,816
140,729
202,243
255,033
132,293
163,471
558,922
231,319
210,405
156,557
138,927
96,744
loans
630,778
633,467
635,672
641,040
1,589,050
1,536,253
1,220,973
1,627,917
1,682,688
1,802,364
1,855,295
1,375,324
hp & lease commitments
2,009
4,385
6,588
Accruals and Deferred Income
other liabilities
616,038
200,344
200,344
200,344
200,344
200,344
200,344
200,344
200,344
provisions
181,884
160,699
87,454
86,694
49,454
78,274
101,074
536,012
318,404
total long term liabilities
812,662
794,166
723,126
729,743
669,877
84,862
101,074
2,325,406
2,055,001
1,421,317
1,828,261
1,883,032
2,002,708
2,055,639
1,575,668
total liabilities
1,061,000
1,037,274
976,630
967,559
810,606
287,105
356,107
2,457,699
2,218,472
1,980,239
2,059,580
2,093,437
2,159,265
2,194,566
1,672,412
net assets
1,679,201
1,539,927
1,172,436
1,144,092
967,699
1,054,634
1,120,291
2,996,957
2,023,273
2,270,565
2,187,436
2,150,339
2,109,942
2,092,228
2,081,117
total shareholders funds
1,679,201
1,539,927
1,172,436
1,144,092
967,699
1,054,634
1,120,291
2,996,957
2,023,273
2,270,565
2,187,436
2,150,339
2,109,942
2,092,228
2,081,117
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Operating Activities
Operating Profit
135,739
139,273
75,573
41,319
-86,936
-65,733
115,471
-34,107
-155,971
197,779
155,758
170,528
77,196
59,621
61,391
Depreciation
1,166
1,168
1,455
1,941
2,588
3,450
35
69
69
70
72
92
109
Amortisation
Tax
-16,320
-18,412
-5,889
-4,136
-11,842
-22,098
-11,081
-12,757
-4,457
-2,961
-5,670
Stock
Debtors
49,258
65,339
-3,937
-8,946
583,966
-6,051
3,205
-636
-771
190
-1,512
-23,310
-53,555
-4,907
87,347
Creditors
-2,297
2,426
-3,021
1,760
2,002
-5,940
10,538
-19,159
-533,713
327,603
20,914
192,175
5,656
3,449
9,125
Accruals and Deferred Income
7,527
-10,255
16,488
95,327
-63,516
-49,696
168,002
-14,419
84,862
-11,622
5,960
-9,685
15,347
Deferred Taxes & Provisions
21,185
73,245
760
37,240
-28,820
-22,800
-434,938
217,608
318,404
Cash flow from operations
97,742
122,106
89,303
182,397
-758,648
-134,668
-155,974
150,594
-285,578
503,163
167,173
361,706
137,910
55,423
-7,045
Investing Activities
capital expenditure
-2,533
-719
-13,800
128
80
-724
Change in Investments
111,500
385,500
4,000
346,000
-147,386
-118,614
-3,896,000
1,108,736
35,547
539,263
3,662,454
cash flow from investments
-114,033
-386,219
-4,000
-346,000
147,386
104,814
3,896,128
-1,108,736
-35,467
-539,263
-3,663,178
Financing Activities
Bank loans
-55,800
2,400
53,400
-116,808
-696
52,020
65,484
Group/Directors Accounts
Other Short Term Loans
Long term loans
-2,689
-2,205
-5,368
641,040
-1,589,050
52,797
315,280
-406,944
-54,771
-119,676
-52,931
479,971
1,375,324
Hire Purchase and Lease Commitments
-2,291
-2,564
-2,376
-2,203
9,434
other long term liabilities
-616,038
616,038
-200,344
200,344
share issue
90,315
312,255
3,240
158,760
-1,927,152
1,108,736
2,059,834
interest
-70,461
-65,625
-44,580
-19,550
1
76
-53,143
-100,945
-91,320
-92,553
-107,580
-117,374
-55,370
-45,549
-34,438
cash flow from financing
17,165
242,134
-49,272
161,836
613,836
9,510
-3,825,489
1,062,988
277,360
-499,497
-162,351
-353,858
-108,997
486,442
3,666,548
cash and cash equivalents
cash
875
-22,255
38,807
-1,767
2,574
-20,344
-85,335
104,846
-8,219
3,667
4,822
-2,049
501
-999
3,113
overdraft
-276
2,776
-9,897
6,710
-3,601
6,788
change in cash
875
-21,979
36,031
-1,767
2,574
-20,344
-85,335
104,846
-8,219
3,667
4,822
7,848
-6,209
2,602
-3,675
monairit properties limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for monairit properties limited. Get real-time insights into monairit properties limited's credit score, group structure and payment trends.
Perform a competitor analysis for monairit properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in TS23 area or any other competitors across 12 key performance metrics.
monairit properties limited Ownership
MONAIRIT PROPERTIES LIMITED group structure
Monairit Properties Limited has no subsidiary companies.
c/o ocg accountants ltd, biz hub tees valley, billingham, TS23 4EA
Bank
-
Legal Advisor
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monairit 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 found 21 charges/mortgages relating to monairit properties limited. Currently there are 2 open charges and 19 have been satisfied in the past.
monairit 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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monairit properties limitedCompanies House Filings - See Documents
