muiraspeed properties limited

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muiraspeed properties limited Company Information

Share MUIRASPEED PROPERTIES LIMITED

Company Number

01244906

Shareholders

george somogyi

thomas somogyi

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

10 broadfield way, buckhurst hill, essex, IG9 5AG

Website

-

muiraspeed properties limited Estimated Valuation

£53.3m

Pomanda estimates the enterprise value of MUIRASPEED PROPERTIES LIMITED at £53.3m based on a Turnover of £15.8m and 3.37x industry multiple (adjusted for size and gross margin).

muiraspeed properties limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of MUIRASPEED PROPERTIES LIMITED at £1.4m based on an EBITDA of £206.5k and a 6.58x industry multiple (adjusted for size and gross margin).

muiraspeed properties limited Estimated Valuation

£7.6m

Pomanda estimates the enterprise value of MUIRASPEED PROPERTIES LIMITED at £7.6m based on Net Assets of £4.4m and 1.75x industry multiple (adjusted for liquidity).

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Muiraspeed Properties Limited Overview

Muiraspeed Properties Limited is a live company located in essex, IG9 5AG with a Companies House number of 01244906. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 1976, it's largest shareholder is george somogyi with a 99% stake. Muiraspeed Properties Limited is a mature, mid sized company, Pomanda has estimated its turnover at £15.8m with healthy growth in recent years.

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Muiraspeed Properties Limited Health Check

Pomanda's financial health check has awarded Muiraspeed Properties Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £15.8m, make it larger than the average company (£950.3k)

£15.8m - Muiraspeed Properties Limited

£950.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.8%)

7% - Muiraspeed Properties Limited

4.8% - Industry AVG

production

Production

with a gross margin of 31.4%, this company has a higher cost of product (72.5%)

31.4% - Muiraspeed Properties Limited

72.5% - Industry AVG

profitability

Profitability

an operating margin of 1.3% make it less profitable than the average company (25.3%)

1.3% - Muiraspeed Properties Limited

25.3% - Industry AVG

employees

Employees

with 34 employees, this is above the industry average (4)

34 - Muiraspeed Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)

£32.6k - Muiraspeed Properties Limited

£32.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £465.1k, this is more efficient (£186.2k)

£465.1k - Muiraspeed Properties Limited

£186.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (32 days)

93 days - Muiraspeed Properties Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1 days, this is quicker than average (37 days)

1 days - Muiraspeed Properties Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Muiraspeed Properties Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Muiraspeed Properties Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1.3%, this is a lower level of debt than the average (68.6%)

1.3% - Muiraspeed Properties Limited

68.6% - Industry AVG

MUIRASPEED PROPERTIES LIMITED financials

EXPORTms excel logo

Muiraspeed Properties Limited's latest turnover from February 2024 is estimated at £15.8 million and the company has net assets of £4.4 million. According to their latest financial statements, we estimate that Muiraspeed Properties Limited has 34 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover15,814,52913,060,81411,527,45012,832,86613,590,64413,107,86611,717,67513,313,53711,732,99911,872,04011,430,98210,184,7409,743,0278,084,9857,596,896
Other Income Or Grants
Cost Of Sales10,845,0219,365,7148,324,5709,192,4049,837,3269,278,1998,241,6478,933,2568,298,9248,597,1328,338,6137,576,4367,160,5305,851,5115,705,836
Gross Profit4,969,5083,695,0993,202,8803,640,4623,753,3183,829,6673,476,0284,380,2813,434,0753,274,9083,092,3702,608,3052,582,4972,233,4741,891,059
Admin Expenses4,763,0483,470,6872,974,7703,423,8343,531,3013,623,5343,284,8334,199,4933,275,7603,144,8402,922,3762,416,8162,291,6071,967,617-1,031,498
Operating Profit206,460224,412228,110216,628222,017206,133191,195180,788158,315130,068169,994191,489290,890265,8572,922,557
Interest Payable
Interest Receivable122221
Pre-Tax Profit206,460224,412228,110216,628222,017206,133191,195180,789158,316130,070169,996191,491290,892265,8582,922,557
Tax-51,615-42,638-43,341-41,159-42,183-39,165-36,327-36,158-31,663-27,315-39,099-45,958-75,632-74,440-818,316
Profit After Tax154,845181,774184,769175,469179,834166,968154,868144,631126,653102,755130,897145,533215,260191,4182,104,241
Dividends Paid
Retained Profit154,845181,774184,769175,469179,834166,968154,868144,631126,653102,755130,897145,533215,260191,4182,104,241
Employee Costs1,107,788927,113925,899970,8611,075,1911,013,153978,5791,136,271797,675806,000767,250672,000669,322559,467559,090
Number Of Employees343031363837374430313128282422
EBITDA*206,460224,412228,110216,628222,017206,133191,195180,788158,315130,068169,994191,489290,890265,8572,922,557

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets386,866386,866386,866386,866386,866386,866316,866316,8662,200,0002,000,000316,865316,865316,865
Intangible Assets
Investments & Other2,000,000316,865
Debtors (Due After 1 year)
Total Fixed Assets386,866386,866386,866386,866386,866386,866316,866316,8662,200,0002,000,0002,000,000316,865316,865316,865316,865
Stock & work in progress
Trade Debtors4,030,7323,868,3433,687,2603,500,3933,325,6253,327,8113,062,4713,051,6492,832,7542,692,7042,683,1902,400,0002,350,8112,055,6891,858,692
Group Debtors
Misc Debtors
Cash29329333838341746117
misc current assets
total current assets4,030,7323,868,3433,687,2603,500,3933,325,6253,327,8113,062,4713,051,6492,833,0472,692,9972,683,5282,400,3832,351,2282,056,1501,858,709
total assets4,417,5984,255,2094,074,1263,887,2593,712,4913,714,6773,379,3373,368,5155,033,0474,692,9974,683,5282,717,2482,668,0932,373,0152,175,574
Bank overdraft
Bank loan
Trade Creditors 57,68350,13950,83048,73249,433231,45363,081207,127133,056119,659212,94560,696157,07477,25671,233
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities57,68350,13950,83048,73249,433231,45363,081207,127133,056119,659212,94560,696157,07477,25671,233
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities57,68350,13950,83048,73249,433231,45363,081207,127133,056119,659212,94560,696157,07477,25671,233
net assets4,359,9154,205,0704,023,2963,838,5273,663,0583,483,2243,316,2563,161,3884,899,9914,573,3384,470,5832,656,5522,511,0192,295,7592,104,341
total shareholders funds4,359,9154,205,0704,023,2963,838,5273,663,0583,483,2243,316,2563,161,3884,899,9914,573,3384,470,5832,656,5522,511,0192,295,7592,104,341
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit206,460224,412228,110216,628222,017206,133191,195180,788158,315130,068169,994191,489290,890265,8572,922,557
Depreciation
Amortisation
Tax-51,615-42,638-43,341-41,159-42,183-39,165-36,327-36,158-31,663-27,315-39,099-45,958-75,632-74,440-818,316
Stock
Debtors162,389181,083186,867174,768-2,186265,34010,822218,895140,0509,514283,19049,189295,122196,9971,858,692
Creditors7,544-6912,098-701-182,020168,372-144,04674,07113,397-93,286152,249-96,37879,8186,02371,233
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations70,000-194-1-47-46-36-46443316,782
Investing Activities
capital expenditure-70,0001,883,134-200,000-2,000,000316,865-316,865
Change in Investments-2,000,0001,683,135316,865
cash flow from investments-70,0001,883,134-200,000-1,683,135-316,865
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-1,883,234200,0001,683,134100
interest122221
cash flow from financing-1,883,234200,00121,683,136221100
cash and cash equivalents
cash-293-45-45-34-4444417
overdraft
change in cash-293-45-45-34-4444417

muiraspeed 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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Muiraspeed Properties Limited Competitor Analysis

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Perform a competitor analysis for muiraspeed properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in IG9 area or any other competitors across 12 key performance metrics.

muiraspeed properties limited Ownership

MUIRASPEED PROPERTIES LIMITED group structure

Muiraspeed Properties Limited has no subsidiary companies.

Ultimate parent company

MUIRASPEED PROPERTIES LIMITED

01244906

MUIRASPEED PROPERTIES LIMITED Shareholders

george somogyi 99%
thomas somogyi 1%

muiraspeed properties limited directors

Muiraspeed Properties Limited currently has 2 directors. The longest serving directors include Mr George Somogyi (Aug 1991) and Mr Thomas Somogyi (Apr 2009).

officercountryagestartendrole
Mr George Somogyi71 years Aug 1991- Director
Mr Thomas SomogyiEngland41 years Apr 2009- Director

P&L

February 2024

turnover

15.8m

+21%

operating profit

206.5k

0%

gross margin

31.5%

+11.07%

turnover

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

Balance Sheet

February 2024

net assets

4.4m

+0.04%

total assets

4.4m

+0.04%

cash

0

0%

net assets

Total assets minus all liabilities

muiraspeed properties limited company details

company number

01244906

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

February 1976

age

49

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

muiraspeed motorcycles limited (June 1990)

accountant

-

auditor

-

address

10 broadfield way, buckhurst hill, essex, IG9 5AG

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

muiraspeed 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 muiraspeed properties limited.

muiraspeed 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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muiraspeed properties limited Companies House Filings - See Documents

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