Midlands Property Services Limited

POWER SEARCH PRICING

SOLUTIONS

midlands property services limited Company Information

Live

MatureSmallLow

Company Number

03147957

Website

www.midlands-property-services.co.uk

Registered Address

23 belsize road, swiss cottage, london, NW6 4RX

Industry

Buying and selling of own real estate

Telephone

Next Accounts Due

December 2024

Group Structure

View All

Directors

Alkaben Mehta28 Years

Dilipkumar Mehta28 Years

Shareholders

sachin mehta 49%

anjli dixon 49%

View All

midlands property services limited Estimated Valuation

£1.3m - £9.1m

The estimated valuation range for midlands property services limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £1.3m to £9.1m

Get a detailed valuation report, edit figures and unlock valuation multiples.

Midlands Property Services Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Midlands Property Services Limited is a live company located in london, NW6 4RX with a Companies House number of 03147957. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in January 1996, it's largest shareholder is sachin mehta with a 49% stake. Midlands Property Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £783.1k with low growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Midlands Property Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

4 Strong

4 Regular

3 Weak

Size

annual sales of £783.1k, make it in line with the average company (£928.4k)

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2.1%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for midlands property services limited. Get real-time insights into midlands property services limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for midlands property services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

MIDLANDS PROPERTY SERVICES LIMITED group structure

Midlands Property Services Limited has 1 subsidiary company.

Ultimate parent company

MIDLANDS PROPERTY SERVICES LIMITED

03147957

1 subsidiary

PAGEBARN LIMITED

04439271

MIDLANDS PROPERTY SERVICES LIMITED Shareholders

sachin mehta	49%
anjli dixon	49%
alkaben mehta	1%
dilipkumar mehta	1%

Midlands Property Services Limited currently has 2 directors. The longest serving directors include Mrs Alkaben Mehta (Mar 1996) and Mr Dilipkumar Mehta (Mar 1996).

officer	country	age	start	end	role
Mrs Alkaben Mehta		67 years	Mar 1996	-	Director
Mr Dilipkumar Mehta	England	70 years	Mar 1996	-	Director

EXPORT

Midlands Property Services Limited's latest turnover from March 2023 is estimated at £783.1 thousand and the company has net assets of £6.6 million. According to their latest financial statements, Midlands Property Services Limited has 2 employees and maintains cash reserves of £431.4 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Turnover	783,067	1,036,227	1,138,789	761,026	210,336	188,887	163,063	638,638	16,665,795	14,129,915	929,049	833,250	771,023	863,672
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	261,712	354,836	368,382	239,485	64,189	60,456	52,604	206,947	6,493,824	5,818,337	349,636	309,620	291,049	334,825
Gross Profit	521,355	681,390	770,408	521,542	146,147	128,430	110,458	431,691	10,171,971	8,311,578	579,413	523,630	479,974	528,847
Admin Expenses	-714,578	-524,906	-400,411	-569,864	-639,939	-753,039	-566,158	13,999	10,305,607	8,024,567	421,364	310,095	-10,591	-1,456,495
Operating Profit	1,235,933	1,206,296	1,170,819	1,091,406	786,086	881,469	676,616	417,692	-133,636	287,011	158,049	213,535	490,565	1,985,342
Interest Payable	998,494	660,067	597,759	486,307	324,992	215,412	206,841	111,917	0	0	0	0	0	0
Interest Receivable	37,319	9,438	992	477	1,000	979	1,364	2,928	1,452	1,002	674	460	1,225	971
Pre-Tax Profit	274,759	555,667	574,052	605,575	462,094	667,036	471,139	308,704	-132,184	288,013	158,722	213,995	491,790	1,986,313
Tax	-52,204	-105,577	-109,070	-115,059	-87,798	-126,737	-94,228	-61,741	0	-66,243	-38,093	-55,639	-137,701	-556,167
Profit After Tax	222,555	450,090	464,982	490,516	374,296	540,299	376,911	246,963	-132,184	221,770	120,629	158,356	354,089	1,430,145
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	222,555	450,090	464,982	490,516	374,296	540,299	376,911	246,963	-132,184	221,770	120,629	158,356	354,089	1,430,145
Employee Costs	74,547	72,823	71,303	77,638	38,825	35,108	34,792	113,186	2,457,197	2,244,525	163,044	133,632	139,439	168,095
Number Of Employees	2	2	2	2	1	1	1	3	70	63	5	4	4	5
EBITDA*	1,236,273	1,206,731	1,171,379	1,091,993	786,086	881,469	676,616	417,692	-133,636	287,011	158,330	213,628	490,690	1,985,508

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Tangible Assets	1,327	1,667	2,102	2,662	0	0	0	0	5,868,125	5,868,125	0	281	374	499
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	15,022,239	13,847,886	13,597,885	11,879,135	9,526,992	8,835,634	7,465,635	7,474,421	763,822	763,822	5,898,651	5,914,651	5,893,942	5,643,078
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	1,785,980	1,773,652	1,752,130	1,509,796
Total Fixed Assets	15,023,566	13,849,553	13,599,987	11,881,797	9,526,992	8,835,634	7,465,635	7,474,421	6,631,947	6,631,947	7,684,631	7,688,584	7,646,446	7,153,373
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	88,936	146,182	188,359	87,298	11,175	11,175	8,168	59,603	1,716,847	1,539,734	81,756	69,092	63,883	63,434
Group Debtors	0	0	0	0	759,861	809,861	1,065,000	0	0	0	0	0	0	0
Misc Debtors	680,562	659,172	638,454	620,641	864,452	902,501	859,524	865,895	0	0	0	0	0	0
Cash	431,368	1,324,839	1,191,907	791,213	162,451	104,199	287,367	803,942	367,369	213,531	187,462	82,028	101,801	388,294
misc current assets	765,362	740,352	721,589	721,948	722,414	496,764	486,131	459,259	436,089	430,818	302,058	271,852	243,488	273,252
total current assets	1,966,228	2,870,545	2,740,309	2,221,100	2,520,353	2,324,500	2,706,190	2,188,699	2,520,305	2,184,083	571,276	422,972	409,172	724,980
total assets	16,989,794	16,720,098	16,340,296	14,102,897	12,047,345	11,160,134	10,171,825	9,663,120	9,152,252	8,816,030	8,255,907	8,111,556	8,055,618	7,878,353
Bank overdraft	0	0	0	0	0	0	90,000	90,000	0	0	0	0	0	0
Bank loan	0	0	0	0	90,000	90,000	0	0	0	0	0	0	0	0
Trade Creditors	66,768	40,623	33,095	38,982	91,875	64,400	67,054	57,647	321,131	307,580	194,723	181,127	150,569	355,048
Group/Directors Accounts	0	0	0	0	0	0	0	335,000	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	574,165	582,523	566,592	570,136	799,498	948,156	385,820	310,522	0	0	0	0	0	0
total current liabilities	640,933	623,146	599,687	609,118	981,373	1,102,556	542,874	793,169	321,131	307,580	194,723	181,127	150,569	355,048
loans	9,756,078	9,726,724	9,830,823	9,767,823	6,086,672	3,362,729	3,085,321	3,353,596	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	2,781,202	2,528,715	2,505,682	6,067,411	5,899,165	5,997,963	5,987,837	6,120,813	6,093,158
provisions	0	0	0	0	0	0	206,430	0	0	0	0	0	0	0
total long term liabilities	9,756,078	9,726,724	9,830,823	9,767,823	6,086,672	6,143,931	5,820,466	5,859,278	6,067,411	5,899,165	5,997,963	5,987,837	6,120,813	6,093,158
total liabilities	10,397,011	10,349,870	10,430,510	10,376,941	7,068,045	7,246,487	6,363,340	6,652,447	6,388,542	6,206,745	6,192,686	6,168,964	6,271,382	6,448,206
net assets	6,592,783	6,370,228	5,909,786	3,725,956	4,979,300	3,913,647	3,808,485	3,010,673	2,763,710	2,609,285	2,063,221	1,942,592	1,784,236	1,430,147
total shareholders funds	6,592,783	6,370,228	5,909,786	3,725,956	4,979,300	3,913,647	3,808,485	3,010,673	2,763,710	2,609,285	2,063,221	1,942,592	1,784,236	1,430,147

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Operating Activities
Operating Profit	1,235,933	1,206,296	1,170,819	1,091,406	786,086	881,469	676,616	417,692	-133,636	287,011	158,049	213,535	490,565	1,985,342
Depreciation	340	435	560	587	0	0	0	0	0	0	281	93	125	166
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-52,204	-105,577	-109,070	-115,059	-87,798	-126,737	-94,228	-61,741	0	-66,243	-38,093	-55,639	-137,701	-556,167
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-35,856	-21,459	118,874	-927,549	-88,049	-209,155	1,007,194	-791,349	177,113	-328,002	24,992	26,731	242,783	1,573,230
Creditors	26,145	7,528	-5,887	-52,893	27,475	-2,654	9,407	-263,484	13,551	112,857	13,596	30,558	-204,479	355,048
Accruals and Deferred Income	-8,358	15,931	-3,544	-229,362	-148,658	562,336	75,298	310,522	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	-206,430	206,430	0	0	0	0	0	0	0
Cash flow from operations	1,237,712	1,146,072	934,004	1,622,228	665,154	1,317,139	-133,671	1,194,338	-297,198	661,627	108,841	161,816	-94,273	211,159
Investing Activities
capital expenditure	0	0	0	-3,249	0	0	0	5,868,125	0	-5,868,125	0	0	0	-665
Change in Investments	1,174,353	250,001	1,718,750	2,352,143	691,358	1,369,999	-8,786	6,710,599	0	-5,134,829	-16,000	20,709	250,864	5,643,078
cash flow from investments	-1,174,353	-250,001	-1,718,750	-2,355,392	-691,358	-1,369,999	8,786	-842,474	0	-733,296	16,000	-20,709	-250,864	-5,643,743
Financing Activities
Bank loans	0	0	0	-90,000	0	90,000	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	-335,000	335,000	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	29,354	-104,099	63,000	3,681,151	2,723,943	277,408	-268,275	3,353,596	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	-2,781,202	252,487	23,033	-3,561,729	168,246	-98,798	10,126	-132,976	27,655	6,093,158
share issue	0	10,352	1,718,848	-1,743,860	691,357	-435,137	420,901	0	286,609	324,294	0	0	0	2
interest	-961,175	-650,629	-596,767	-485,830	-323,992	-214,433	-205,477	-108,989	1,452	1,002	674	460	1,225	971
cash flow from financing	-931,821	-744,376	1,185,081	1,361,461	310,106	-29,675	-364,818	17,878	456,307	226,498	10,800	-132,516	28,880	6,094,131
cash and cash equivalents
cash	-893,471	132,932	400,694	628,762	58,252	-183,168	-516,575	436,573	153,838	26,069	105,434	-19,773	-286,493	388,294
overdraft	0	0	0	0	0	-90,000	0	90,000	0	0	0	0	0	0
change in cash	-893,471	132,932	400,694	628,762	58,252	-93,168	-516,575	346,573	153,838	26,069	105,434	-19,773	-286,493	388,294

P&L

March 2023

turnover

783.1k

-24%

operating profit

1.2m

gross margin

66.6%

+1.25%

turnover

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

Balance Sheet

March 2023

net assets

6.6m

+0.03%

total assets

17m

+0.02%

cash

431.4k

-0.67%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

use (bristol) limited

westbridge estates ltd

aphrodite estates limited

2.5

fairhold homes (no.11) limited

1.5

uksmartmoves limited

company number

03147957

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

January 1996

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

address

23 belsize road, swiss cottage, london, NW6 4RX

last accounts submitted

March 2023

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 24 charges/mortgages relating to midlands property services limited. Currently there are 10 open charges and 14 have been satisfied in the past.

midlands property services limited Company Information

midlands property services limited Estimated Valuation

midlands property services limited Estimated Valuation

midlands property services limited Estimated Valuation

Midlands Property Services Limited AI Business Plan

Midlands Property Services Limited Overview

Midlands Property Services Limited Health Check

midlands property services limited Credit Report and Business Information

Midlands Property Services Limited Competitor Analysis

midlands property services limited Ownership

midlands property services limited directors

MIDLANDS PROPERTY SERVICES LIMITED financials

midlands property services limited company details

midlands property services limited Charges & Mortgages

midlands property services limited Companies House Filings - See Documents