thomas merrifield abingdon limited

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thomas merrifield abingdon limited Company Information

Share THOMAS MERRIFIELD ABINGDON LIMITED

Company Number

03409630

Shareholders

s. merrifield

e. thomas

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Group Structure

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Industry

Real estate agencies

 

Registered Address

holyfield house, 1 walton well, road, walton street, oxford, OX2 6ED

thomas merrifield abingdon limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of THOMAS MERRIFIELD ABINGDON LIMITED at £1m based on a Turnover of £509.7k and 2.04x industry multiple (adjusted for size and gross margin).

thomas merrifield abingdon limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THOMAS MERRIFIELD ABINGDON LIMITED at £0 based on an EBITDA of £-8.2k and a 6.49x industry multiple (adjusted for size and gross margin).

thomas merrifield abingdon limited Estimated Valuation

£42k

Pomanda estimates the enterprise value of THOMAS MERRIFIELD ABINGDON LIMITED at £42k based on Net Assets of £20.8k and 2.02x industry multiple (adjusted for liquidity).

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Thomas Merrifield Abingdon Limited Overview

Thomas Merrifield Abingdon Limited is a live company located in oxford, OX2 6ED with a Companies House number of 03409630. It operates in the real estate agencies sector, SIC Code 68310. Founded in July 1997, it's largest shareholder is s. merrifield with a 38% stake. Thomas Merrifield Abingdon Limited is a mature, small sized company, Pomanda has estimated its turnover at £509.7k with declining growth in recent years.

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Thomas Merrifield Abingdon Limited Health Check

Pomanda's financial health check has awarded Thomas Merrifield Abingdon Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £509.7k, make it smaller than the average company (£893k)

£509.7k - Thomas Merrifield Abingdon Limited

£893k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (5.2%)

-2% - Thomas Merrifield Abingdon Limited

5.2% - Industry AVG

production

Production

with a gross margin of 85.8%, this company has a comparable cost of product (85.8%)

85.8% - Thomas Merrifield Abingdon Limited

85.8% - Industry AVG

profitability

Profitability

an operating margin of -1.8% make it less profitable than the average company (6.6%)

-1.8% - Thomas Merrifield Abingdon Limited

6.6% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (17)

10 - Thomas Merrifield Abingdon Limited

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.4k, the company has an equivalent pay structure (£40.4k)

£40.4k - Thomas Merrifield Abingdon Limited

£40.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £51k, this is less efficient (£86.4k)

£51k - Thomas Merrifield Abingdon Limited

£86.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 15 days, this is earlier than average (34 days)

15 days - Thomas Merrifield Abingdon Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 21 days, this is quicker than average (43 days)

21 days - Thomas Merrifield Abingdon Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Thomas Merrifield Abingdon Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (39 weeks)

49 weeks - Thomas Merrifield Abingdon Limited

39 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 89.2%, this is a higher level of debt than the average (50.6%)

89.2% - Thomas Merrifield Abingdon Limited

50.6% - Industry AVG

THOMAS MERRIFIELD ABINGDON LIMITED financials

EXPORTms excel logo

Thomas Merrifield Abingdon Limited's latest turnover from December 2023 is estimated at £509.7 thousand and the company has net assets of £20.8 thousand. According to their latest financial statements, Thomas Merrifield Abingdon Limited has 10 employees and maintains cash reserves of £162.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover509,708752,012542,421548,275909,081777,793741,2751,039,9171,309,928299,951955,290760,493565,583511,006
Other Income Or Grants
Cost Of Sales72,28285,65945,93658,207132,567100,62074,560123,064173,83541,521155,105157,958120,861115,809
Gross Profit437,425666,353496,485490,069776,514677,173666,714916,8531,136,093258,430800,185602,535444,722395,197
Admin Expenses446,695674,941494,056471,915779,766684,834691,819900,1831,145,222260,617803,811600,938445,154413,210-70,973
Operating Profit-9,270-8,5882,42918,154-3,252-7,661-25,10516,670-9,129-2,187-3,6261,597-432-18,01370,973
Interest Payable
Interest Receivable8,8067,201430884636401,3247531,0069061,0269588501,283744
Pre-Tax Profit-464-1,3872,85918,242-2,789-7,021-23,78117,423-8,123-1,281-2,6002,555418-16,73071,717
Tax-543-3,466-3,484-613-109-20,081
Profit After Tax-464-1,3872,31614,776-2,789-7,021-23,78113,938-8,123-1,281-2,6001,942309-16,73051,636
Dividends Paid
Retained Profit-464-1,3872,31614,776-2,789-7,021-23,78113,938-8,123-1,281-2,6001,942309-16,73051,636
Employee Costs404,476326,112326,112317,475326,919354,402358,922404,800678,538151,250492,171412,752284,539282,131
Number Of Employees10888891011184141398
EBITDA*-8,214-7,5022,65218,417-2,943-6,602-23,98217,987-7,494-362-1,2473,179606-18,01373,033

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,7103,7661,2751,4981,7612,0703,1294,2524,7364,7036,5287,1395,2206,2587,216
Intangible Assets
Investments & Other
Debtors (Due After 1 year)2851293231,1781,17855
Total Fixed Assets2,7103,7661,2751,4981,7612,3553,1294,2524,8655,0266,5288,3176,3986,2587,271
Stock & work in progress
Trade Debtors20,97779,01949,21553,489110,45291,54680,869118,603104,90023,73782,95861,50648,61639,78261,275
Group Debtors
Misc Debtors6,4895,4176,7343,2001,97221,2047,4474,9303,5422,695
Cash162,857172,623238,847104,98671,53951,885118,887410,876191,332211,261151,279259,305123,994215,847297,414
misc current assets
total current assets190,323257,059294,796161,675183,963164,635207,203534,409299,774234,998234,237323,506172,610255,629358,689
total assets193,033260,825296,071163,173185,724166,990210,332538,661304,639240,024240,765331,823179,008261,887365,960
Bank overdraft
Bank loan
Trade Creditors 4,32364,4555,90915,18039,29414,9891,8482,5813,314205,967205,119293,524143,122225,957313,239
Group/Directors Accounts104,152
other short term finances
hp & lease commitments
other current liabilities167,192174,350267,228127,333140,49639,067192,479496,213275,337
total current liabilities171,515238,805273,137142,513179,790158,208194,327498,794278,651205,967205,119293,524143,122225,957313,239
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions6777152422843343935956767356819891,042571924985
total long term liabilities6777152422843343935956767356819891,042571924985
total liabilities172,192239,520273,379142,797180,124158,601194,922499,470279,386206,648206,108294,566143,693226,881314,224
net assets20,84121,30522,69220,3765,6008,38915,41039,19125,25333,37634,65737,25735,31535,00651,736
total shareholders funds20,84121,30522,69220,3765,6008,38915,41039,19125,25333,37634,65737,25735,31535,00651,736
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-9,270-8,5882,42918,154-3,252-7,661-25,10516,670-9,129-2,187-3,6261,597-432-18,01370,973
Depreciation1,0561,0862232633091,0591,1231,3171,6351,8252,3791,5821,0382,060
Amortisation
Tax-543-3,466-3,484-613-109-20,081
Stock
Debtors-56,97028,487-740-55,735-61124,719-35,21714,96284,511-58,89817,57915,58510,012-21,54861,330
Creditors-60,13258,546-9,271-24,11424,30513,141-733-733-202,653848-88,405150,402-82,835-87,282313,239
Accruals and Deferred Income-7,158-92,878139,895-13,163101,429-153,412-303,734220,876275,337
Deferred Taxes & Provisions-38473-42-50-59-202-81-5954-308-53471-353-61985
Cash flow from operations-18,572-69,848133,43133,359123,343-171,794-293,313219,625-19,26759,076-107,284137,854-92,703-83,808305,846
Investing Activities
capital expenditure-3,577-833-1,668-1,768-3,501958-9,276
Change in Investments
cash flow from investments-3,577-833-1,668-1,768-3,501958-9,276
Financing Activities
Bank loans
Group/Directors Accounts-104,152104,152
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest8,8067,201430884636401,3247531,0069061,0269588501,283744
cash flow from financing8,8067,20143088-103,689104,7921,3247531,0069061,0269588501,283844
cash and cash equivalents
cash-9,766-66,224133,86133,44719,654-67,002-291,989219,544-19,92959,982-108,026135,311-91,853-81,567297,414
overdraft
change in cash-9,766-66,224133,86133,44719,654-67,002-291,989219,544-19,92959,982-108,026135,311-91,853-81,567297,414

thomas merrifield abingdon limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Thomas Merrifield Abingdon Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for thomas merrifield abingdon limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in OX2 area or any other competitors across 12 key performance metrics.

thomas merrifield abingdon limited Ownership

THOMAS MERRIFIELD ABINGDON LIMITED group structure

Thomas Merrifield Abingdon Limited has no subsidiary companies.

Ultimate parent company

THOMAS MERRIFIELD ABINGDON LIMITED

03409630

THOMAS MERRIFIELD ABINGDON LIMITED Shareholders

s. merrifield 38%
e. thomas 38%
e. thomas & s. merrifield 12%
a.p. hearn 12%

thomas merrifield abingdon limited directors

Thomas Merrifield Abingdon Limited currently has 5 directors. The longest serving directors include Mr Simon Merrifield (Jul 1997) and Mr Edward Thomas (Jul 1997).

officercountryagestartendrole
Mr Simon Merrifield72 years Jul 1997- Director
Mr Edward Thomas83 years Jul 1997- Director
Mr Daniel OnionUnited Kingdom59 years Jul 1997- Director
Mr Andrew Hearn64 years Oct 1997- Director
Mr James MerrifieldEngland44 years Jan 2023- Director

P&L

December 2023

turnover

509.7k

-32%

operating profit

-9.3k

0%

gross margin

85.9%

-3.15%

turnover

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

Balance Sheet

December 2023

net assets

20.8k

-0.02%

total assets

193k

-0.26%

cash

162.9k

-0.06%

net assets

Total assets minus all liabilities

thomas merrifield abingdon limited company details

company number

03409630

Type

Private limited with Share Capital

industry

68310 - Real estate agencies

incorporation date

July 1997

age

28

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

holyfield house, 1 walton well, road, walton street, oxford, OX2 6ED

Bank

-

Legal Advisor

-

thomas merrifield abingdon 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 did not find charges/mortgages relating to thomas merrifield abingdon limited.

thomas merrifield abingdon 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.

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thomas merrifield abingdon limited Companies House Filings - See Documents

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