millard properties limited
millard properties limited Company Information
Company Number
03299824
Next Accounts
Dec 2025
Shareholders
millard investments limited
millard estates limited
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
2nd floor regis house, 45 king william street, london, EC4R 9AN
Website
-millard properties limited Estimated Valuation
Pomanda estimates the enterprise value of MILLARD PROPERTIES LIMITED at £10.1m based on a Turnover of £3.1m and 3.2x industry multiple (adjusted for size and gross margin).
millard properties limited Estimated Valuation
Pomanda estimates the enterprise value of MILLARD PROPERTIES LIMITED at £2.7m based on an EBITDA of £397.7k and a 6.86x industry multiple (adjusted for size and gross margin).
millard properties limited Estimated Valuation
Pomanda estimates the enterprise value of MILLARD PROPERTIES LIMITED at £14.8m based on Net Assets of £9.4m and 1.58x industry multiple (adjusted for liquidity).
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Millard Properties Limited Overview
Millard Properties Limited is a live company located in london, EC4R 9AN with a Companies House number of 03299824. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in January 1997, it's largest shareholder is millard investments limited with a 50% stake. Millard Properties Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.1m with healthy growth in recent years.
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Millard Properties Limited Health Check
Pomanda's financial health check has awarded Millard Properties Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
2 Weak
Size
annual sales of £3.1m, make it larger than the average company (£823.2k)
- Millard Properties Limited
£823.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3.1%)
- Millard Properties Limited
3.1% - Industry AVG
Production
with a gross margin of 67.3%, this company has a comparable cost of product (67.3%)
- Millard Properties Limited
67.3% - Industry AVG
Profitability
an operating margin of 12.6% make it less profitable than the average company (27.1%)
- Millard Properties Limited
27.1% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Millard Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.6k, the company has an equivalent pay structure (£38.6k)
- Millard Properties Limited
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £786.5k, this is more efficient (£199.7k)
- Millard Properties Limited
£199.7k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is later than average (26 days)
- Millard Properties Limited
26 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Millard Properties Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Millard Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is more cash available to meet short term requirements (7 weeks)
13 weeks - Millard Properties Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.1%, this is a lower level of debt than the average (62.6%)
36.1% - Millard Properties Limited
62.6% - Industry AVG
MILLARD PROPERTIES LIMITED financials
Millard Properties Limited's latest turnover from March 2024 is estimated at £3.1 million and the company has net assets of £9.4 million. According to their latest financial statements, Millard Properties Limited has 4 employees and maintains cash reserves of £243.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 612,731 | 561,851 | 424,381 | 373,960 | 336,004 | 477,486 | 372,923 | 288,891 | 384,078 | ||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 58,581 | 374,398 | 203,285 | 58,749 | 25,214 | 12,623 | 42,013 | 174,043 | 71,231 | ||||||
| Gross Profit | 554,150 | 187,453 | 221,096 | 315,211 | 310,790 | 464,863 | 330,910 | 114,848 | 312,847 | ||||||
| Admin Expenses | 77,240 | 131,879 | 128,297 | 43,425 | 54,293 | 25,092 | 113,357 | 99,097 | 21,735 | ||||||
| Operating Profit | 476,910 | 55,574 | 92,799 | 271,786 | 256,497 | 439,771 | 217,553 | 15,751 | 291,112 | ||||||
| Interest Payable | 25,721 | 11,186 | 8,479 | 9,364 | 62,301 | 79,133 | 79,424 | 65,584 | 45,812 | ||||||
| Interest Receivable | 30 | 2 | 119 | 16,894 | 18,260 | 1 | 96 | 576 | 1,282 | ||||||
| Pre-Tax Profit | 1,547,542 | 1,394,390 | 4,181,227 | 3,379,316 | 212,456 | 360,639 | 138,225 | -49,257 | 251,582 | ||||||
| Tax | -132,266 | -259,936 | -799,488 | -624,552 | -19,892 | -75,392 | -28,370 | 10,336 | -53,940 | ||||||
| Profit After Tax | 1,415,276 | 1,134,454 | 3,381,739 | 2,754,764 | 192,564 | 285,247 | 109,855 | -38,921 | 197,642 | ||||||
| Dividends Paid | 320,000 | 300,000 | 500,000 | 840,000 | 420,000 | ||||||||||
| Retained Profit | 1,095,276 | 834,454 | 2,881,739 | 1,914,764 | -227,436 | 285,247 | 109,855 | -38,921 | 197,642 | ||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 4 | 4 | 4 | 4 | |||||||||||
| EBITDA* | 476,910 | 55,574 | 92,799 | 271,786 | 256,497 | 439,771 | 217,553 | 15,751 | 291,112 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 14,000,000 | 16,025,000 | 17,945,000 | 17,330,000 | 18,615,000 | 20,600,000 | 20,500,000 | 16,650,000 | 15,300,000 | 11,203,212 | 5,561,434 | 11,561,434 | 6,811,434 | 6,161,434 | 5,761,434 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 14,000,000 | 16,025,000 | 17,945,000 | 17,330,000 | 18,615,000 | 20,600,000 | 20,500,000 | 16,650,000 | 15,300,000 | 11,203,212 | 5,561,434 | 11,561,434 | 6,811,434 | 6,161,434 | 5,761,434 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 320,998 | 278,520 | 149,566 | 299,116 | 269,962 | 411,241 | 214,854 | 95,118 | 47,664 | 121,552 | 96,632 | 151,262 | 152,889 | 109,054 | 123,512 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 165,657 | 198,449 | 426,281 | 137,942 | 78,639 | 54,027 | 32,142 | 18,397 | 12,591 | 11,856 | 16,797 | 41,929 | 2,300 | ||
| Cash | 243,539 | 351,342 | 484,807 | 192,239 | 42,674 | 349,410 | 164,279 | 878 | 875 | 177,538 | 5,981,425 | 46,974 | 80,315 | 258,429 | |
| misc current assets | |||||||||||||||
| total current assets | 730,194 | 828,311 | 1,060,654 | 629,297 | 391,275 | 760,651 | 433,160 | 128,138 | 66,936 | 311,681 | 6,089,913 | 168,059 | 199,863 | 231,298 | 384,241 |
| total assets | 14,730,194 | 16,853,311 | 19,005,654 | 17,959,297 | 19,006,275 | 21,360,651 | 20,933,160 | 16,778,138 | 15,366,936 | 11,514,893 | 11,651,347 | 11,729,493 | 7,011,297 | 6,392,732 | 6,145,675 |
| Bank overdraft | 2,987,155 | 97,140 | 97,140 | 482,707 | 215,048 | 121,437 | |||||||||
| Bank loan | 97,140 | 97,140 | 97,140 | 1,800,000 | 120,000 | 120,000 | 2,160,000 | 2,256,250 | |||||||
| Trade Creditors | 456,106 | ||||||||||||||
| Group/Directors Accounts | 477,100 | 657,602 | 718,918 | 105,653 | 1,558 | ||||||||||
| other short term finances | 370,000 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 370,930 | 261,678 | 432,986 | 210,997 | 191,938 | 318,410 | 222,277 | 163,277 | 190,737 | 1,011,045 | 231,439 | 179,927 | 142,087 | 144,509 | |
| total current liabilities | 945,170 | 1,016,420 | 4,139,059 | 413,790 | 290,636 | 456,106 | 415,550 | 704,984 | 378,325 | 190,737 | 2,811,045 | 472,876 | 669,927 | 2,302,087 | 2,400,759 |
| loans | 2,695,735 | 2,792,875 | 2,987,155 | 3,084,295 | 3,302,860 | 1,810,000 | 1,930,000 | 450,000 | 455,000 | ||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 3,181,435 | ||||||||||||||
| provisions | 1,679,029 | 2,172,623 | 2,640,623 | 1,994,501 | 2,238,620 | 2,479,012 | 2,597,679 | 2,551,359 | 2,301,270 | 1,518,554 | 20,798 | 926,541 | 50,370 | 39,500 | 49,850 |
| total long term liabilities | 4,374,764 | 4,965,498 | 2,640,623 | 4,981,656 | 5,322,915 | 5,660,447 | 5,900,539 | 2,551,359 | 2,301,270 | 1,518,554 | 20,798 | 2,736,541 | 1,980,370 | 489,500 | 504,850 |
| total liabilities | 5,319,934 | 5,981,918 | 6,779,682 | 5,395,446 | 5,613,551 | 6,116,553 | 6,316,089 | 3,256,343 | 2,679,595 | 1,709,291 | 2,831,843 | 3,209,417 | 2,650,297 | 2,791,587 | 2,905,609 |
| net assets | 9,410,260 | 10,871,393 | 12,225,972 | 12,563,851 | 13,392,724 | 15,244,098 | 14,617,071 | 13,521,795 | 12,687,341 | 9,805,602 | 8,819,504 | 8,520,076 | 4,361,000 | 3,601,145 | 3,240,066 |
| total shareholders funds | 9,410,260 | 10,871,393 | 12,225,972 | 12,563,851 | 13,392,724 | 15,244,098 | 14,617,071 | 13,521,795 | 12,687,341 | 9,805,602 | 8,819,504 | 8,520,076 | 4,361,000 | 3,601,145 | 3,240,066 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 476,910 | 55,574 | 92,799 | 271,786 | 256,497 | 439,771 | 217,553 | 15,751 | 291,112 | ||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -132,266 | -259,936 | -799,488 | -624,552 | -19,892 | -75,392 | -28,370 | 10,336 | -53,940 | ||||||
| Stock | |||||||||||||||
| Debtors | 9,686 | -98,878 | 138,789 | 88,457 | -62,640 | 411,241 | 141,621 | 61,199 | -68,082 | 25,655 | -59,571 | 15,170 | 1,906 | 25,171 | 125,812 |
| Creditors | -456,106 | 456,106 | |||||||||||||
| Accruals and Deferred Income | 109,252 | -171,308 | 221,989 | 19,059 | 191,938 | 96,133 | 59,000 | -27,460 | -820,308 | 779,606 | 51,512 | 37,840 | -2,422 | 144,509 | |
| Deferred Taxes & Provisions | -493,594 | -468,000 | 646,122 | -244,119 | -240,392 | 2,479,012 | 46,320 | 250,089 | 782,716 | 1,497,756 | -905,743 | 876,171 | 10,870 | -10,350 | 49,850 |
| Cash flow from operations | 345,476 | 43,528 | 116,649 | 299,027 | 170,039 | 1,276,892 | 235,987 | -11,856 | 305,719 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -2,753,677 | ||||||||||||||
| Change in Investments | -2,025,000 | -1,920,000 | 615,000 | -1,285,000 | -1,985,000 | 20,600,000 | 3,850,000 | 1,350,000 | 4,096,788 | 5,641,778 | -6,000,000 | 4,750,000 | 650,000 | 400,000 | 5,761,434 |
| cash flow from investments | -6,603,677 | -1,350,000 | -4,096,788 | -5,641,778 | |||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 97,140 | 97,140 | -1,800,000 | 1,680,000 | -2,040,000 | -96,250 | 2,256,250 | ||||||||
| Group/Directors Accounts | -180,502 | -61,316 | 613,265 | 104,095 | 1,558 | ||||||||||
| Other Short Term Loans | -370,000 | 370,000 | |||||||||||||
| Long term loans | -97,140 | 2,792,875 | -2,987,155 | -97,140 | 3,084,295 | 3,302,860 | -1,810,000 | -120,000 | 1,480,000 | -5,000 | 455,000 | ||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -3,181,435 | 3,181,435 | |||||||||||||
| share issue | |||||||||||||||
| interest | -25,691 | -11,184 | -8,360 | 7,530 | -44,041 | -79,132 | -79,328 | -65,008 | -44,530 | ||||||
| cash flow from financing | 3,374,309 | -11,184 | -8,360 | -2,721,136 | 352,823 | 3,304,697 | 380,672 | 233,742 | 5,709,144 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | -107,803 | -133,465 | 292,568 | 149,565 | -306,736 | 349,410 | 163,401 | 3 | -176,663 | -5,803,887 | 5,981,425 | -46,974 | -33,341 | -178,114 | 258,429 |
| overdraft | -2,987,155 | 2,890,015 | 97,140 | -482,707 | 267,659 | 215,048 | -121,437 | 121,437 | |||||||
| change in cash | -107,803 | 2,853,690 | -2,597,447 | 149,565 | -403,876 | 349,410 | 646,108 | -267,656 | -391,711 | -5,803,887 | 6,102,862 | -168,411 | -33,341 | -178,114 | 258,429 |
millard properties limited Credit Report and Business Information
Millard Properties Limited Competitor Analysis
Perform a competitor analysis for millard properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in EC4R area or any other competitors across 12 key performance metrics.
millard properties limited Ownership
MILLARD PROPERTIES LIMITED group structure
Millard Properties Limited has no subsidiary companies.
Ultimate parent company
MILLARD PROPERTIES LIMITED
03299824
millard properties limited directors
Millard Properties Limited currently has 4 directors. The longest serving directors include Mr John Adams (Mar 1997) and Mr John Boon (Mar 1997).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Adams | United Kingdom | 66 years | Mar 1997 | - | Director |
| Mr John Boon | United Kingdom | 74 years | Mar 1997 | - | Director |
| Mr John Millard | 83 years | Sep 1997 | - | Director | |
| Mr William Payne | United Kingdom | 59 years | Nov 2018 | - | Director |
P&L
March 2024turnover
3.1m
+11%
operating profit
397.7k
0%
gross margin
67.4%
+1.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
9.4m
-0.13%
total assets
14.7m
-0.13%
cash
243.5k
-0.31%
net assets
Total assets minus all liabilities
millard properties limited company details
company number
03299824
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
January 1997
age
28
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
steeparches limited (April 2019)
accountant
-
auditor
-
address
2nd floor regis house, 45 king william street, london, EC4R 9AN
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
millard 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 6 charges/mortgages relating to millard properties limited. Currently there are 3 open charges and 3 have been satisfied in the past.
millard 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 MILLARD PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.
millard properties limited Companies House Filings - See Documents
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