gordon mytton developments limited

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gordon mytton developments limited Company Information

Share GORDON MYTTON DEVELOPMENTS LIMITED

Company Number

01301308

Directors

Gordon Mytton

John Mytton

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Shareholders

mr john lee mytton

gordon myton

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

15 dee court, bangor-on-dee, wrexham, wrexham county borough, LL13 0AQ

gordon mytton developments limited Estimated Valuation

£539.2k

Pomanda estimates the enterprise value of GORDON MYTTON DEVELOPMENTS LIMITED at £539.2k based on a Turnover of £162.8k and 3.31x industry multiple (adjusted for size and gross margin).

gordon mytton developments limited Estimated Valuation

£16.5m

Pomanda estimates the enterprise value of GORDON MYTTON DEVELOPMENTS LIMITED at £16.5m based on an EBITDA of £2.6m and a 6.48x industry multiple (adjusted for size and gross margin).

gordon mytton developments limited Estimated Valuation

£6.1m

Pomanda estimates the enterprise value of GORDON MYTTON DEVELOPMENTS LIMITED at £6.1m based on Net Assets of £3.5m and 1.75x industry multiple (adjusted for liquidity).

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Gordon Mytton Developments Limited Overview

Gordon Mytton Developments Limited is a live company located in wrexham, LL13 0AQ with a Companies House number of 01301308. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 1977, it's largest shareholder is mr john lee mytton with a 57.9% stake. Gordon Mytton Developments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £162.8k with declining growth in recent years.

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Gordon Mytton Developments Limited Health Check

Pomanda's financial health check has awarded Gordon Mytton Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £162.8k, make it smaller than the average company (£917k)

£162.8k - Gordon Mytton Developments Limited

£917k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (5.4%)

-11% - Gordon Mytton Developments Limited

5.4% - Industry AVG

production

Production

with a gross margin of 72.8%, this company has a comparable cost of product (72.8%)

72.8% - Gordon Mytton Developments Limited

72.8% - Industry AVG

profitability

Profitability

an operating margin of 1567.4% make it more profitable than the average company (27.8%)

1567.4% - Gordon Mytton Developments Limited

27.8% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (4)

3 - Gordon Mytton Developments Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)

£33.6k - Gordon Mytton Developments Limited

£33.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £54.3k, this is less efficient (£187k)

£54.3k - Gordon Mytton Developments Limited

£187k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 2 days, this is earlier than average (32 days)

2 days - Gordon Mytton Developments Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 29 days, this is quicker than average (37 days)

29 days - Gordon Mytton Developments Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gordon Mytton Developments Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)

0 weeks - Gordon Mytton Developments Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16.8%, this is a lower level of debt than the average (69.8%)

16.8% - Gordon Mytton Developments Limited

69.8% - Industry AVG

GORDON MYTTON DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Gordon Mytton Developments Limited's latest turnover from April 2024 is estimated at £162.8 thousand and the company has net assets of £3.5 million. According to their latest financial statements, Gordon Mytton Developments Limited has 3 employees and maintains cash reserves of £766 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover162,781305,604271,667230,978372,084225,087274,013559,009889,1779,429,28112,616,09813,699,95712,781,55213,264,39610,427,408
Other Income Or Grants
Cost Of Sales44,36084,42575,92467,266103,93866,39273,010143,858250,6213,307,8114,486,4494,714,0964,245,4804,523,2653,322,973
Gross Profit118,421221,178195,743163,712268,146158,695201,003415,150638,5566,121,4698,129,6498,985,8628,536,0728,741,1307,104,435
Admin Expenses-2,433,00970,262185,485222,267263,886100,83668,246-185,590624,7736,536,51810,041,9818,928,8518,578,1099,217,9591,351,616
Operating Profit2,551,430150,91610,258-58,5554,26057,859132,757600,74013,783-415,049-1,912,33257,011-42,037-476,8295,752,819
Interest Payable40,41238,17025,96224,15932,86378,152135,700224,274150,837
Interest Receivable1701721017657715986111145728918319179
Pre-Tax Profit2,511,188112,917-15,693-82,713-28,527-19,717-2,784376,552-136,943-414,904-1,912,26057,100-41,854-476,6385,752,899
Tax-627,797-28,229-71,545-13,133-1,610,812
Profit After Tax1,883,39184,688-15,693-82,713-28,527-19,717-2,784305,007-136,943-414,904-1,912,26043,967-41,854-476,6384,142,087
Dividends Paid
Retained Profit1,883,39184,688-15,693-82,713-28,527-19,717-2,784305,007-136,943-414,904-1,912,26043,967-41,854-476,6384,142,087
Employee Costs100,80593,00090,48881,52683,73382,997106,362181,212184,0641,502,2731,935,8942,079,1552,050,4052,089,3881,814,169
Number Of Employees333333477577786858974
EBITDA*2,551,539153,02419,784-48,83113,98389,270142,083620,42429,332-394,284-1,897,37661,858-28,301-463,7815,767,081

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets150,00060,909125,8173,721,341145,066154,789152,887162,214162,7916,041,9185,939,7005,072,5405,068,6694,403,8144,103,116
Intangible Assets
Investments & Other3,914,0003,843,9983,648,99865,0003,107,6783,242,6784,204,9864,774,9866,205,886342,308342,30865,00035,00035,00035,000
Debtors (Due After 1 year)75,71172,681117,064114,959163,720164,470
Total Fixed Assets4,064,0003,904,9073,774,8153,786,3413,252,7443,473,1784,430,5545,054,2646,483,6366,547,9466,446,4785,137,5405,103,6694,438,8144,138,116
Stock & work in progress110,000885,2161,691,7462,215,5271,730,9882,309,5702,114,0732,511,5262,496,173
Trade Debtors1,03941,65513,85015,46432,83561,430455,679869,5341,204,2301,187,1141,204,096963,031
Group Debtors
Misc Debtors3,9796,5632,62423,60038,42964,973520,504427,599418,398863,077717,275612,751374,506
Cash7665,7152,3633941,241150,8562,89460,8338,02536,29921,7887,02228,49144,64831,731
misc current assets105,000105,000
total current assets110,784117,2784,98723,99481,325229,679648,8621,406,4832,179,5992,707,5052,622,3104,383,8994,046,9534,373,0213,865,441
total assets4,174,7844,022,1853,779,8023,810,3353,334,0693,702,8575,079,4166,460,7478,663,2359,255,4519,068,7889,521,4399,150,6228,811,8358,003,557
Bank overdraft14,65313,60912,73611,948401,628675,8521,639,7672,535,6264,641,141
Bank loan
Trade Creditors 3,5447,8767,3515,27017,45119,14757,882129,089230,2245,790,4235,376,1153,906,1093,570,4763,314,2292,336,534
Group/Directors Accounts37,193
other short term finances
hp & lease commitments2,49210,9242,7582,7583,6556,0663,202
other current liabilities49,46565,76544,48481,97537,89364,522191,824354,532479,064
total current liabilities67,66287,250104,256110,117459,730762,2791,893,1283,025,3135,353,6315,790,4235,376,1153,906,1093,570,4763,314,2292,336,534
loans337,762352,415366,024378,522
hp & lease commitments6,03310,92413,6817,61411,1362,412
Accruals and Deferred Income
other liabilities4953,3577,09228,02938,42647,209
provisions293,757273,421231,357233,011124,364121,353101,120163,417196,827
total long term liabilities632,014629,193603,414611,533135,288135,034108,734174,553199,2397,09228,02938,42647,209
total liabilities699,676716,443707,670721,650595,018897,3132,001,8623,199,8665,552,8705,797,5155,404,1443,944,5353,617,6853,314,2292,336,534
net assets3,475,1083,305,7423,072,1323,088,6852,739,0512,805,5443,077,5543,260,8813,110,3653,457,9363,664,6445,576,9045,532,9375,497,6065,667,023
total shareholders funds3,475,1083,305,7423,072,1323,088,6852,739,0512,805,5443,077,5543,260,8813,110,3653,457,9363,664,6445,576,9045,532,9375,497,6065,667,023
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit2,551,430150,91610,258-58,5554,26057,859132,757600,74013,783-415,049-1,912,33257,011-42,037-476,8295,752,819
Depreciation1092,1089,5269,7249,72331,4119,32619,68415,54920,76514,9564,84713,73613,04814,262
Amortisation
Tax-627,797-28,229-71,545-13,133-1,610,812
Stock-110,000-775,216-806,530-523,781484,539-578,582195,497-397,45315,3532,496,173
Debtors-1,5453,939-20,976-56,484-74,450-454,11531,151-17,289-24,612-414,605-1,033,303162,91887,542479,3101,337,537
Creditors-4,3325252,081-12,181-1,696-38,735-71,207-101,135-5,560,199414,3081,470,006335,633256,247977,6952,336,534
Accruals and Deferred Income-16,30021,281-37,49144,082-26,629-127,302-162,708-124,532479,064
Deferred Taxes & Provisions20,33642,064-1,654108,6473,01120,233-62,297-33,410196,827
Cash flow from operations1,924,991184,7263,696148,20163,119507,581589,9361,113,621-4,306,583-49,9101,184,51525,943537,85719,2512,659,093
Investing Activities
capital expenditure-89,20062,8003,585,998-3,585,999-33,3131-19,1075,863,578-122,983-882,116-8,718-678,591-313,746-4,117,378
Change in Investments70,002195,0003,583,998-3,042,678-135,000-962,308-570,000-1,430,9005,863,578277,30830,00035,000
cash flow from investments-159,202-132,2002,000-543,321135,000928,995570,0011,411,793-122,983-1,159,424-38,718-678,591-313,746-4,152,378
Financing Activities
Bank loans
Group/Directors Accounts-37,19337,193
Other Short Term Loans
Long term loans-14,653-13,609-12,498378,522
Hire Purchase and Lease Commitments-8,525-2,399-2,758-2,7575,170-5,93311,5885,614
other long term liabilities-2,8623,357-7,092-20,937-10,397-8,78347,209
share issue-1,714,025148,922-860432,347-37,966-252,293-180,543-154,491-210,628208,19677,185307,2211,524,936
interest-40,242-37,998-25,952-24,158-32,787-77,575-135,541-224,188-150,726145728918319179
cash flow from financing-1,771,78254,954-4,516783,953-73,510-324,698-322,017-367,091-362,832187,404-10,325-8,694124,577307,4121,525,015
cash and cash equivalents
cash-4,9493,3521,969-847-149,615147,962-57,93952,808-28,27414,51114,766-21,469-16,15712,91731,731
overdraft1,044873788-389,680-274,224-963,915-895,859-2,105,5154,641,141
change in cash-5,9932,4791,181388,833124,6091,111,877837,9202,158,323-4,669,41514,51114,766-21,469-16,15712,91731,731

gordon mytton developments 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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Gordon Mytton Developments Limited Competitor Analysis

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Perform a competitor analysis for gordon mytton developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in LL13 area or any other competitors across 12 key performance metrics.

gordon mytton developments limited Ownership

GORDON MYTTON DEVELOPMENTS LIMITED group structure

Gordon Mytton Developments Limited has no subsidiary companies.

Ultimate parent company

GORDON MYTTON DEVELOPMENTS LIMITED

01301308

GORDON MYTTON DEVELOPMENTS LIMITED Shareholders

mr john lee mytton 57.89%
gordon myton 42.11%

gordon mytton developments limited directors

Gordon Mytton Developments Limited currently has 3 directors. The longest serving directors include Mr Gordon Mytton (Oct 1991) and Mr John Mytton (Oct 2001).

officercountryagestartendrole
Mr Gordon MyttonUnited Kingdom81 years Oct 1991- Director
Mr John MyttonWales54 years Oct 2001- Director
Ms Vanessa Mytton48 years Oct 2003- Director

P&L

April 2024

turnover

162.8k

-47%

operating profit

2.6m

0%

gross margin

72.8%

+0.52%

turnover

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

Balance Sheet

April 2024

net assets

3.5m

+0.05%

total assets

4.2m

+0.04%

cash

766

-0.87%

net assets

Total assets minus all liabilities

gordon mytton developments limited company details

company number

01301308

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

March 1977

age

48

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

15 dee court, bangor-on-dee, wrexham, wrexham county borough, LL13 0AQ

Bank

-

Legal Advisor

-

gordon mytton 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 107 charges/mortgages relating to gordon mytton developments limited. Currently there are 78 open charges and 29 have been satisfied in the past.

gordon mytton developments 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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gordon mytton developments limited Companies House Filings - See Documents

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