ming properties limited
ming properties limited Company Information
Company Number
03262632
Next Accounts
Dec 2025
Directors
Shareholders
arthur charles prior
stephen john maitland watson
Group Structure
View All
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
7 foxglove road, south ockenden, essex, RM15 6EU
Website
-ming properties limited Estimated Valuation
Pomanda estimates the enterprise value of MING PROPERTIES LIMITED at £256.4k based on a Turnover of £77.5k and 3.31x industry multiple (adjusted for size and gross margin).
ming properties limited Estimated Valuation
Pomanda estimates the enterprise value of MING PROPERTIES LIMITED at £0 based on an EBITDA of £-47 and a 6.64x industry multiple (adjusted for size and gross margin).
ming properties limited Estimated Valuation
Pomanda estimates the enterprise value of MING PROPERTIES LIMITED at £15.2k based on Net Assets of £8.6k and 1.76x industry multiple (adjusted for liquidity).
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Ming Properties Limited Overview
Ming Properties Limited is a live company located in essex, RM15 6EU with a Companies House number of 03262632. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 1996, it's largest shareholder is arthur charles prior with a 75% stake. Ming Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £77.5k with healthy growth in recent years.
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Ming Properties Limited Health Check
Pomanda's financial health check has awarded Ming Properties Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £77.5k, make it smaller than the average company (£923.6k)
- Ming Properties Limited
£923.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (4.9%)
- Ming Properties Limited
4.9% - Industry AVG
Production
with a gross margin of 75.5%, this company has a comparable cost of product (75.5%)
- Ming Properties Limited
75.5% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (29.3%)
- Ming Properties Limited
29.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Ming Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)
- Ming Properties Limited
£32.4k - Industry AVG
Efficiency
resulting in sales per employee of £77.5k, this is less efficient (£177.3k)
- Ming Properties Limited
£177.3k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (30 days)
- Ming Properties Limited
30 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ming Properties Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ming Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Ming Properties Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.2%, this is a higher level of debt than the average (64%)
89.2% - Ming Properties Limited
64% - Industry AVG
MING PROPERTIES LIMITED financials
Ming Properties Limited's latest turnover from March 2024 is estimated at £77.5 thousand and the company has net assets of £8.6 thousand. According to their latest financial statements, Ming Properties Limited has 1 employee and maintains cash reserves of £913 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1 | 1 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -304 | -243 | -257 | -243 | -240 | -247 | |||||||||
| Interest Payable | 64 | 63 | |||||||||||||
| Interest Receivable | 1 | ||||||||||||||
| Pre-Tax Profit | -303 | -243 | -257 | -243 | -240 | -247 | -279 | -278 | -280 | ||||||
| Tax | |||||||||||||||
| Profit After Tax | -303 | -243 | -257 | -243 | -240 | -247 | -279 | -278 | -280 | ||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -303 | -243 | -257 | -243 | -240 | -247 | -279 | -278 | -280 | ||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | |||||||||
| EBITDA* | -304 | -243 | -257 | -243 | -240 | -247 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | 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 | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 39,989 | 39,989 | |||
| Group Debtors | |||||||||||||||
| Misc Debtors | 74,804 | 74,804 | 74,804 | 74,804 | 74,804 | 74,804 | 74,804 | 77,989 | 78,254 | 78,254 | 40,254 | 40,354 | 40,354 | ||
| Cash | 913 | 913 | 913 | 913 | 913 | 1,302 | 1,332 | 1,377 | 1,408 | 1,434 | 466 | 496 | 526 | 490 | 553 |
| misc current assets | |||||||||||||||
| total current assets | 77,717 | 77,717 | 77,717 | 77,717 | 77,717 | 78,106 | 78,136 | 81,366 | 81,662 | 81,688 | 40,455 | 40,485 | 40,780 | 40,844 | 40,907 |
| total assets | 79,617 | 79,617 | 79,617 | 79,617 | 79,617 | 80,006 | 80,036 | 83,266 | 83,562 | 83,588 | 42,355 | 42,385 | 42,680 | 42,744 | 42,807 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 32,224 | 32,011 | 32,061 | ||||||||||||
| Group/Directors Accounts | 3,449 | 3,449 | |||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 71,019 | 71,019 | 71,019 | 71,020 | 71,020 | 71,106 | 70,893 | 73,866 | 73,918 | 73,704 | 28,397 | 28,182 | |||
| total current liabilities | 71,019 | 71,019 | 71,019 | 71,020 | 71,020 | 71,106 | 70,893 | 73,866 | 73,918 | 73,704 | 32,224 | 32,011 | 32,061 | 31,846 | 31,631 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 71,019 | 71,019 | 71,019 | 71,020 | 71,020 | 71,106 | 70,893 | 73,866 | 73,918 | 73,704 | 32,224 | 32,011 | 32,061 | 31,846 | 31,631 |
| net assets | 8,598 | 8,598 | 8,598 | 8,597 | 8,597 | 8,900 | 9,143 | 9,400 | 9,644 | 9,884 | 10,131 | 10,374 | 10,619 | 10,898 | 11,176 |
| total shareholders funds | 8,598 | 8,598 | 8,598 | 8,597 | 8,597 | 8,900 | 9,143 | 9,400 | 9,644 | 9,884 | 10,131 | 10,374 | 10,619 | 10,898 | 11,176 |
| Mar 2024 | Mar 2023 | Mar 2022 | 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 | -304 | -243 | -257 | -243 | -240 | -247 | |||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -3,185 | -265 | 40,265 | -265 | -100 | 40,354 | |||||||||
| Creditors | -32,224 | 213 | -50 | 32,061 | |||||||||||
| Accruals and Deferred Income | -1 | -86 | 213 | -2,973 | -52 | 214 | 73,704 | -28,397 | 215 | 28,182 | |||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -390 | -30 | -45 | -30 | -26 | 968 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 1,900 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -3,449 | 3,449 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 1 | -64 | -63 | ||||||||||||
| cash flow from financing | 1 | -1 | -3,513 | -63 | 14,905 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -389 | -30 | -45 | -31 | -26 | 968 | -30 | -30 | 36 | -63 | 553 | ||||
| overdraft | |||||||||||||||
| change in cash | -389 | -30 | -45 | -31 | -26 | 968 | -30 | -30 | 36 | -63 | 553 |
ming properties limited Credit Report and Business Information
Ming Properties Limited Competitor Analysis
Perform a competitor analysis for ming properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in RM15 area or any other competitors across 12 key performance metrics.
ming properties limited Ownership
MING PROPERTIES LIMITED group structure
Ming Properties Limited has no subsidiary companies.
Ultimate parent company
MING PROPERTIES LIMITED
03262632
ming properties limited directors
Ming Properties Limited currently has 1 director, Mr Arthur Prior serving since Oct 1997.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Arthur Prior | 86 years | Oct 1997 | - | Director |
P&L
March 2024turnover
77.5k
+5%
operating profit
-47.9
0%
gross margin
75.5%
+0.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
8.6k
0%
total assets
79.6k
0%
cash
913
0%
net assets
Total assets minus all liabilities
ming properties limited company details
company number
03262632
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
October 1996
age
29
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
7 foxglove road, south ockenden, essex, RM15 6EU
Bank
-
Legal Advisor
-
ming 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 found 1 charges/mortgages relating to ming properties limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ming 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.
Click to start generating capital raising & share issue transactions for MING PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.
ming properties limited Companies House Filings - See Documents
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