marchbay limited
marchbay limited Company Information
Company Number
02254260
Website
sovereigncentros.co.ukRegistered Address
montague place quayside, chatham maritime, chatham, kent, ME4 4QY
Industry
Buying and selling of own real estate
Development of building projects
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
timothy john binnington 49%
mrs joanna jane binnington 33%
View Allmarchbay limited Estimated Valuation
Pomanda estimates the enterprise value of MARCHBAY LIMITED at £1m based on a Turnover of £688.2k and 1.47x industry multiple (adjusted for size and gross margin).
marchbay limited Estimated Valuation
Pomanda estimates the enterprise value of MARCHBAY LIMITED at £6.6m based on an EBITDA of £1.3m and a 4.89x industry multiple (adjusted for size and gross margin).
marchbay limited Estimated Valuation
Pomanda estimates the enterprise value of MARCHBAY LIMITED at £5.2m based on Net Assets of £4m and 1.29x industry multiple (adjusted for liquidity).
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Marchbay Limited Overview
Marchbay Limited is a dissolved company that was located in chatham, ME4 4QY with a Companies House number of 02254260. It operated in the development of building projects sector, SIC Code 41100. Founded in May 1988, it's largest shareholder was timothy john binnington with a 49% stake. The last turnover for Marchbay Limited was estimated at £688.2k.
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Marchbay Limited Health Check
Pomanda's financial health check has awarded Marchbay Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
2 Weak
Size
annual sales of £688.2k, make it smaller than the average company (£1.3m)
- Marchbay Limited
£1.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Marchbay Limited
- - Industry AVG
Production
with a gross margin of 47.6%, this company has a comparable cost of product (47.6%)
- Marchbay Limited
47.6% - Industry AVG
Profitability
an operating margin of 195.5% make it more profitable than the average company (29.2%)
- Marchbay Limited
29.2% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Marchbay Limited
4 - Industry AVG
Pay Structure
on an average salary of £42.1k, the company has an equivalent pay structure (£42.1k)
- Marchbay Limited
£42.1k - Industry AVG
Efficiency
resulting in sales per employee of £172k, this is less efficient (£259.1k)
- Marchbay Limited
£259.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Marchbay Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Marchbay Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 142 days, this is less than average (493 days)
- Marchbay Limited
493 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 73 weeks, this is more cash available to meet short term requirements (8 weeks)
73 weeks - Marchbay Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.8%, this is a lower level of debt than the average (67.2%)
10.8% - Marchbay Limited
67.2% - Industry AVG
MARCHBAY LIMITED financials
Marchbay Limited's latest turnover from September 2019 is estimated at £688.2 thousand and the company has net assets of £4 million. According to their latest financial statements, Marchbay Limited has 4 employees and maintains cash reserves of £677.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 16,667 | 250,000 | 103,106 | 837,315 | 278,252 | 260,605 | |||
| Other Income Or Grants | 0 | 0 | 0 | |||||||
| Cost Of Sales | 0 | 645,678 | 0 | |||||||
| Gross Profit | 103,106 | 191,637 | 278,252 | |||||||
| Admin Expenses | 116,562 | 169,566 | 169,758 | |||||||
| Operating Profit | -73,019 | -112,523 | 99,849 | -13,456 | 22,071 | 108,494 | -34,689 | |||
| Interest Payable | 1,931 | 663 | 8,968 | 887 | 8,091 | 2,731 | 0 | |||
| Interest Receivable | 23,173 | 25,568 | 33,538 | 27,490 | 12,763 | 6,587 | 0 | |||
| Pre-Tax Profit | -51,777 | -87,618 | 135,203 | 13,147 | 176,743 | 112,350 | -34,689 | |||
| Tax | 0 | 0 | -6,708 | -4,012 | -2,553 | -1,383 | 0 | |||
| Profit After Tax | -51,777 | -87,618 | 128,495 | 9,135 | 174,190 | 110,967 | -34,689 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 205,000 | |||
| Retained Profit | -51,777 | -87,618 | 128,495 | 9,135 | 174,190 | 110,967 | -239,689 | |||
| Employee Costs | 32,991 | 90,366 | ||||||||
| Number Of Employees | 4 | 4 | 4 | 4 | ||||||
| EBITDA* | -72,782 | -111,592 | 101,091 | -11,904 | 23,835 | 110,844 | -28,397 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,212 | 2,678 | 1,337 | 713 | 2,795 | 3,726 | 4,968 | 5,286 | 7,050 | 22,475 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 600 | 600 | 600 | 148,398 | 1,627 | 1,626 | 1,626 | 1,626 | 1,701 | 1,001 |
| Debtors (Due After 1 year) | 857,996 | 683,911 | 0 | 0 | 210,075 | 210,075 | 188,988 | 161,188 | 82,694 | 0 |
| Total Fixed Assets | 860,808 | 687,189 | 1,937 | 149,111 | 214,497 | 215,427 | 195,582 | 168,100 | 91,445 | 23,476 |
| Stock & work in progress | 140,949 | 26,682 | 0 | 0 | 0 | 0 | 0 | 0 | 529,976 | 392,350 |
| Trade Debtors | 0 | 0 | 415 | 373 | 0 | 40,840 | 30,000 | 98,503 | 86,063 | 91,800 |
| Group Debtors | 0 | 0 | 0 | 0 | 1,944 | 0 | 59,585 | 239,633 | 193,432 | 96,714 |
| Misc Debtors | 2,809,965 | 2,287,221 | 1,899,197 | 955,596 | 822,073 | 848,712 | 906,301 | 796,273 | 341,378 | 54,979 |
| Cash | 677,821 | 756,853 | 16,695 | 1,373 | 3 | 48,820 | 0 | 125,328 | 17,400 | 176,202 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,628,735 | 3,070,756 | 1,916,307 | 957,342 | 824,020 | 938,372 | 995,886 | 1,259,737 | 1,168,249 | 812,045 |
| total assets | 4,489,543 | 3,757,945 | 1,918,244 | 1,106,453 | 1,038,517 | 1,153,799 | 1,191,468 | 1,427,837 | 1,259,694 | 835,521 |
| Bank overdraft | 0 | 0 | 0 | 0 | 1,295 | 0 | 6,047 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 8,460 | 3,953 | 9,532 | 1,175 | 9,233 | 4,067 | 6,633 | 32,651 | 34,127 |
| Group/Directors Accounts | 601 | 601 | 601 | 0 | 0 | 5,623 | 1,023 | 1,024 | 57,274 | 70,608 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 481,598 | 835,687 | 150,826 | 151,869 | 39,218 | 54,497 | 224,380 | 473,364 | 397,143 | 69,127 |
| total current liabilities | 482,199 | 844,748 | 155,380 | 161,401 | 41,688 | 69,353 | 235,517 | 481,021 | 487,068 | 173,862 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 376 | 455 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 376 | 455 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 482,575 | 845,203 | 155,380 | 161,401 | 41,688 | 69,353 | 235,517 | 481,021 | 487,068 | 173,862 |
| net assets | 4,006,968 | 2,912,742 | 1,762,864 | 945,052 | 996,829 | 1,084,446 | 955,951 | 946,816 | 772,626 | 661,659 |
| total shareholders funds | 4,006,968 | 2,912,742 | 1,762,864 | 945,052 | 996,829 | 1,084,446 | 955,951 | 946,816 | 772,626 | 661,659 |
| Sep 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -73,019 | -112,523 | 99,849 | -13,456 | 22,071 | 108,494 | -34,689 | |||
| Depreciation | 1,192 | 428 | 262 | 237 | 931 | 1,242 | 1,552 | 1,764 | 2,350 | 6,292 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | -6,708 | -4,012 | -2,553 | -1,383 | 0 | |||
| Stock | 114,267 | 26,682 | 0 | 0 | 0 | 0 | 0 | -529,976 | 137,626 | 392,350 |
| Debtors | 696,829 | 1,071,520 | 943,643 | -78,123 | -65,535 | -85,247 | -110,723 | 592,030 | 460,074 | 243,493 |
| Creditors | -8,460 | 4,507 | -5,579 | 8,357 | -8,058 | 5,166 | -2,566 | -26,018 | -1,476 | 34,127 |
| Accruals and Deferred Income | -354,089 | 684,861 | -1,043 | 112,651 | -15,279 | -169,883 | -248,984 | 76,221 | 328,016 | 69,127 |
| Deferred Taxes & Provisions | -79 | 455 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 126,349 | -69,394 | 14,913 | -156,743 | 9,431 | -161,699 | -560,986 | |||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | -147,798 | 146,771 | 1 | 0 | 0 | -75 | 700 | 1,001 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 601 | 0 | -5,623 | 4,600 | -1 | -56,250 | -13,334 | 70,608 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 21,242 | 24,905 | 24,570 | 26,603 | 4,672 | 3,856 | 0 | |||
| cash flow from financing | 21,242 | 19,283 | 29,170 | 26,602 | -51,578 | -9,478 | 971,956 | |||
| cash and cash equivalents | ||||||||||
| cash | -79,032 | 740,158 | 15,322 | 1,370 | -48,817 | 48,820 | -125,328 | 107,928 | -158,802 | 176,202 |
| overdraft | 0 | 0 | 0 | -1,295 | 1,295 | -6,047 | 6,047 | 0 | 0 | 0 |
| change in cash | -79,032 | 740,158 | 15,322 | 2,665 | -50,112 | 54,867 | -131,375 | 107,928 | -158,802 | 176,202 |
marchbay limited Credit Report and Business Information
Marchbay Limited Competitor Analysis
Perform a competitor analysis for marchbay limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in ME4 area or any other competitors across 12 key performance metrics.
marchbay limited Ownership
MARCHBAY LIMITED group structure
Marchbay Limited has 1 subsidiary company.
Ultimate parent company
MARCHBAY LIMITED
02254260
1 subsidiary
marchbay limited directors
Marchbay Limited currently has 4 directors. The longest serving directors include Mrs Joanna Binnington (Nov 1992) and Mr Timothy Binnington (Jun 1994).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Joanna Binnington | United Kingdom | 73 years | Nov 1992 | - | Director |
| Mr Timothy Binnington | 75 years | Jun 1994 | - | Director | |
| Ms Kate Binnington | England | 49 years | Oct 2011 | - | Director |
| Mr Nicholas Binnington | England | 47 years | Oct 2011 | - | Director |
P&L
September 2019turnover
688.2k
+102%
operating profit
1.3m
0%
gross margin
47.7%
-1.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2019net assets
4m
+0.38%
total assets
4.5m
+0.19%
cash
677.8k
-0.1%
net assets
Total assets minus all liabilities
Similar Companies
marchbay limited company details
company number
02254260
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
41100 - Development of building projects
incorporation date
May 1988
age
36
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
sovereign land limited (August 2018)
marchbay limited (April 1989)
last accounts submitted
September 2019
address
montague place quayside, chatham maritime, chatham, kent, ME4 4QY
accountant
-
auditor
-
marchbay 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 3 charges/mortgages relating to marchbay limited. Currently there are 0 open charges and 3 have been satisfied in the past.
marchbay limited Companies House Filings - See Documents
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