
Company Number
01703152
Next Accounts
May 2025
Shareholders
colin blundell
harry ratcliffe
View AllGroup Structure
View All
Industry
Buying and selling of own real estate
Registered Address
c/o tc bulley davey ltd, arw hou, 11-12 baldock industrial estate, baldock, hertfordshire, SG7 6NG
Website
www.manhattancorporation.comPomanda estimates the enterprise value of MANHATTAN CORPORATION LIMITED at £4.2m based on a Turnover of £2.2m and 1.95x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MANHATTAN CORPORATION LIMITED at £0 based on an EBITDA of £-20k and a 4.2x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MANHATTAN CORPORATION LIMITED at £1.1m based on Net Assets of £735.5k and 1.51x industry multiple (adjusted for liquidity).
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Manhattan Corporation Limited is a dissolved company that was located in baldock, SG7 6NG with a Companies House number of 01703152. It operated in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 1983, it's largest shareholder was colin blundell with a 33% stake. The last turnover for Manhattan Corporation Limited was estimated at £2.2m.
Pomanda's financial health check has awarded Manhattan Corporation Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £2.2m, make it larger than the average company (£815.3k)
- Manhattan Corporation Limited
£815.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (1%)
- Manhattan Corporation Limited
1% - Industry AVG
Production
with a gross margin of 22.7%, this company has a higher cost of product (67.5%)
- Manhattan Corporation Limited
67.5% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (32.9%)
- Manhattan Corporation Limited
32.9% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
- Manhattan Corporation Limited
4 - Industry AVG
Pay Structure
on an average salary of £35.7k, the company has an equivalent pay structure (£35.7k)
- Manhattan Corporation Limited
£35.7k - Industry AVG
Efficiency
resulting in sales per employee of £538.1k, this is more efficient (£199.8k)
- Manhattan Corporation Limited
£199.8k - Industry AVG
Debtor Days
it gets paid by customers after 125 days, this is later than average (32 days)
- Manhattan Corporation Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (32 days)
- Manhattan Corporation Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Manhattan Corporation Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Manhattan Corporation Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.5%, this is a lower level of debt than the average (64.3%)
0.5% - Manhattan Corporation Limited
64.3% - Industry AVG
Manhattan Corporation Limited's latest turnover from March 2021 is estimated at £2.2 million and the company has net assets of £735.5 thousand. According to their latest financial statements, we estimate that Manhattan Corporation Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
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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 | ||||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 250 | 313 | 13,366 | 15,801 | 18,683 | 24,145 | 9,012 | 9,232 | 11,063 | 1,656,929 | ||
Intangible Assets | ||||||||||||
Investments & Other | ||||||||||||
Debtors (Due After 1 year) | 22,000 | 10,900 | ||||||||||
Total Fixed Assets | 250 | 313 | 13,366 | 15,801 | 18,683 | 46,145 | 9,012 | 20,132 | 11,063 | 1,656,929 | ||
Stock & work in progress | 143,122 | 766,902 | 1,468,679 | 1,660,518 | 1,919,529 | 1,628,765 | 929,453 | |||||
Trade Debtors | 738,960 | 760,385 | 614,003 | 651,514 | 291,659 | 8,211 | 95,117 | 13,101 | 6,910 | 585,696 | 55,485 | 53,658 |
Group Debtors | ||||||||||||
Misc Debtors | ||||||||||||
Cash | 2,139 | 45,468 | 100,241 | 661,981 | 249,750 | 1,022,095 | 303,608 | |||||
misc current assets | ||||||||||||
total current assets | 738,960 | 760,385 | 614,003 | 651,514 | 291,659 | 153,472 | 907,487 | 1,582,021 | 2,329,409 | 2,754,975 | 2,706,345 | 1,286,719 |
total assets | 738,960 | 760,385 | 614,253 | 651,827 | 305,025 | 169,273 | 926,170 | 1,628,166 | 2,338,421 | 2,775,107 | 2,717,408 | 2,943,648 |
Bank overdraft | ||||||||||||
Bank loan | ||||||||||||
Trade Creditors | 3,420 | 4,886 | 151,167 | 194,538 | 371,635 | 393,061 | 1,200,555 | 1,022,347 | 356,641 | 735,845 | 520,130 | 753,797 |
Group/Directors Accounts | ||||||||||||
other short term finances | ||||||||||||
hp & lease commitments | ||||||||||||
other current liabilities | ||||||||||||
total current liabilities | 3,420 | 4,886 | 151,167 | 194,538 | 371,635 | 393,061 | 1,200,555 | 1,022,347 | 356,641 | 735,845 | 520,130 | 753,797 |
loans | ||||||||||||
hp & lease commitments | ||||||||||||
Accruals and Deferred Income | ||||||||||||
other liabilities | 783,172 | 1,615,519 | ||||||||||
provisions | ||||||||||||
total long term liabilities | 783,172 | 1,615,519 | ||||||||||
total liabilities | 3,420 | 4,886 | 151,167 | 194,538 | 371,635 | 393,061 | 1,200,555 | 1,805,519 | 1,972,160 | 735,845 | 520,130 | 753,797 |
net assets | 735,540 | 755,499 | 463,086 | 457,289 | -66,610 | -223,788 | -274,385 | -177,353 | 366,261 | 2,039,262 | 2,197,278 | 2,189,851 |
total shareholders funds | 735,540 | 755,499 | 463,086 | 457,289 | -66,610 | -223,788 | -274,385 | -177,353 | 366,261 | 2,039,262 | 2,197,278 | 2,189,851 |
Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | ||||||||||||
Depreciation | 2,882 | 9,970 | 1,772 | 1,618 | 1,831 | 3,693 | 20,929 | |||||
Amortisation | ||||||||||||
Tax | ||||||||||||
Stock | -143,122 | -623,780 | -701,777 | -191,839 | -259,011 | 290,764 | 699,312 | 929,453 | ||||
Debtors | -21,425 | 146,382 | -37,511 | 359,855 | 283,448 | -86,906 | 60,016 | 28,191 | -589,686 | 541,111 | 1,827 | 53,658 |
Creditors | -1,466 | -146,281 | -43,371 | -177,097 | -21,426 | -807,494 | 178,208 | 665,706 | -379,204 | 215,715 | -233,667 | 753,797 |
Accruals and Deferred Income | ||||||||||||
Deferred Taxes & Provisions | ||||||||||||
Cash flow from operations | ||||||||||||
Investing Activities | ||||||||||||
capital expenditure | ||||||||||||
Change in Investments | ||||||||||||
cash flow from investments | ||||||||||||
Financing Activities | ||||||||||||
Bank loans | ||||||||||||
Group/Directors Accounts | ||||||||||||
Other Short Term Loans | ||||||||||||
Long term loans | ||||||||||||
Hire Purchase and Lease Commitments | ||||||||||||
other long term liabilities | -783,172 | -832,347 | 1,615,519 | |||||||||
share issue | ||||||||||||
interest | ||||||||||||
cash flow from financing | ||||||||||||
cash and cash equivalents | ||||||||||||
cash | -2,139 | -43,329 | -54,773 | -561,740 | 412,231 | -772,345 | 718,487 | 303,608 | ||||
overdraft | ||||||||||||
change in cash | -2,139 | -43,329 | -54,773 | -561,740 | 412,231 | -772,345 | 718,487 | 303,608 |
Perform a competitor analysis for manhattan corporation limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in SG7 area or any other competitors across 12 key performance metrics.
MANHATTAN CORPORATION LIMITED group structure
Manhattan Corporation Limited has no subsidiary companies.
Ultimate parent company
MANHATTAN CORPORATION LIMITED
01703152
Manhattan Corporation Limited currently has 4 directors. The longest serving directors include Mr Mark Blundell (Jul 2017) and Miss Emily Ratcliffe (Jul 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Mark Blundell | United Kingdom | 38 years | Jul 2017 | - | Director |
Miss Emily Ratcliffe | United Kingdom | 30 years | Jul 2017 | - | Director |
Mr Harry Ratcliffe | England | 27 years | Jul 2017 | - | Director |
Mr Callum Blundell | United Kingdom | 31 years | Jul 2017 | - | Director |
P&L
March 2021turnover
2.2m
-14%
operating profit
-20k
0%
gross margin
22.8%
+8.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
735.5k
-0.03%
total assets
739k
-0.03%
cash
0
0%
net assets
Total assets minus all liabilities
company number
01703152
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
March 1983
age
42
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2021
previous names
fleetray limited (March 1990)
accountant
GEORGE HAY PARTNERSHIP LLP
auditor
-
address
c/o tc bulley davey ltd, arw hou, 11-12 baldock industrial estate, baldock, hertfordshire, SG7 6NG
Bank
-
Legal Advisor
-
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 7 charges/mortgages relating to manhattan corporation limited. Currently there are 0 open charges and 7 have been satisfied in the past.
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.
Click to start generating capital raising & share issue transactions for MANHATTAN CORPORATION LIMITED. This can take several minutes, an email will notify you when this has completed.
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