midcity investments limited
midcity investments limited Company Information
Company Number
03511435
Website
-Registered Address
1a needlers end lane, balsall common, coventry, CV7 7AF
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
45 days late
Group Structure
View All
Shareholders
rentfield ltd 100%
midcity investments limited Estimated Valuation
Pomanda estimates the enterprise value of MIDCITY INVESTMENTS LIMITED at £604.9k based on a Turnover of £276.9k and 2.18x industry multiple (adjusted for size and gross margin).
midcity investments limited Estimated Valuation
Pomanda estimates the enterprise value of MIDCITY INVESTMENTS LIMITED at £1.3m based on an EBITDA of £270.3k and a 4.63x industry multiple (adjusted for size and gross margin).
midcity investments limited Estimated Valuation
Pomanda estimates the enterprise value of MIDCITY INVESTMENTS LIMITED at £13.1m based on Net Assets of £8.3m and 1.58x industry multiple (adjusted for liquidity).
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Midcity Investments Limited Overview
Midcity Investments Limited is a live company located in coventry, CV7 7AF with a Companies House number of 03511435. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 1998, it's largest shareholder is rentfield ltd with a 100% stake. Midcity Investments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £276.9k with declining growth in recent years.
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Midcity Investments Limited Health Check
Pomanda's financial health check has awarded Midcity Investments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £276.9k, make it smaller than the average company (£862.1k)
- Midcity Investments Limited
£862.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (1.3%)
- Midcity Investments Limited
1.3% - Industry AVG
Production
with a gross margin of 24.8%, this company has a higher cost of product (71.1%)
- Midcity Investments Limited
71.1% - Industry AVG
Profitability
an operating margin of 97.6% make it more profitable than the average company (34.5%)
- Midcity Investments Limited
34.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Midcity Investments Limited
4 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- Midcity Investments Limited
£31k - Industry AVG
Efficiency
resulting in sales per employee of £138.4k, this is less efficient (£184.4k)
- Midcity Investments Limited
£184.4k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (35 days)
- Midcity Investments Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 538 days, this is slower than average (33 days)
- Midcity Investments Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Midcity Investments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Midcity Investments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.8%, this is a lower level of debt than the average (70.3%)
36.8% - Midcity Investments Limited
70.3% - Industry AVG
MIDCITY INVESTMENTS LIMITED financials
Midcity Investments Limited's latest turnover from December 2022 is estimated at £276.9 thousand and the company has net assets of £8.3 million. According to their latest financial statements, Midcity Investments Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 13,044,066 | 13,044,066 | 13,044,066 | 13,044,066 | 13,044,066 | 10,523,013 | 10,523,013 | 9,773,013 | 9,750,000 | 8,585,000 | 7,650,000 | 7,250,000 | 12,750,000 | 11,950,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 13,044,066 | 13,044,066 | 13,044,066 | 13,044,066 | 13,044,066 | 10,523,013 | 10,523,013 | 9,773,013 | 9,750,000 | 8,585,000 | 7,650,000 | 7,250,000 | 12,750,000 | 11,950,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 65,968 | 185,188 | 40,510 | 86,572 | 26,834 | 835,051 | 802,663 | 723,153 | 743,592 | 885,117 | 2,075,951 | 637,458 | 156,164 | 128,164 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 65,968 | 185,188 | 40,510 | 86,572 | 26,834 | 835,051 | 802,663 | 723,153 | 743,592 | 885,117 | 2,075,951 | 637,458 | 156,164 | 128,164 |
| total assets | 13,110,034 | 13,229,254 | 13,084,576 | 13,130,638 | 13,070,900 | 11,358,064 | 11,325,676 | 10,496,166 | 10,493,592 | 9,470,117 | 9,725,951 | 7,887,458 | 12,906,164 | 12,078,164 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 307,443 | 213,126 | 141,036 | 108,279 | 74,597 | 199,232 | 206,382 | 185,554 | 176,620 | 168,305 | 314,044 | 3,243,554 | 449,956 | 10,734,788 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 307,443 | 213,126 | 141,036 | 108,279 | 74,597 | 199,232 | 206,382 | 185,554 | 176,620 | 168,305 | 314,044 | 3,243,554 | 449,956 | 10,734,788 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,162,500 | 4,297,500 | 0 | 0 | 10,282,795 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 58,226 | 7,500 | 3,500 | 2,500 | 2,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 4,520,261 | 4,952,713 | 5,033,724 | 5,342,801 | 5,426,282 | 3,757,500 | 3,892,500 | 4,027,500 | 0 | 0 | 5,403,921 | 1,105,638 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,520,261 | 4,952,713 | 5,091,950 | 5,350,301 | 5,429,782 | 3,760,000 | 3,895,000 | 4,027,500 | 4,162,500 | 4,297,500 | 5,403,921 | 1,105,638 | 10,282,795 | 0 |
| total liabilities | 4,827,704 | 5,165,839 | 5,232,986 | 5,458,580 | 5,504,379 | 3,959,232 | 4,101,382 | 4,213,054 | 4,339,120 | 4,465,805 | 5,717,965 | 4,349,192 | 10,732,751 | 10,734,788 |
| net assets | 8,282,330 | 8,063,415 | 7,851,590 | 7,672,058 | 7,566,521 | 7,398,832 | 7,224,294 | 6,283,112 | 6,154,472 | 5,004,312 | 4,007,986 | 3,538,266 | 2,173,413 | 1,343,376 |
| total shareholders funds | 8,282,330 | 8,063,415 | 7,851,590 | 7,672,058 | 7,566,521 | 7,398,832 | 7,224,294 | 6,283,112 | 6,154,472 | 5,004,312 | 4,007,986 | 3,538,266 | 2,173,413 | 1,343,376 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -119,220 | 144,678 | -46,062 | 59,738 | -808,217 | 32,388 | 79,510 | -20,439 | -141,525 | -1,190,834 | 1,438,493 | 481,294 | 28,000 | 128,164 |
| Creditors | 94,317 | 72,090 | 32,757 | 33,682 | -124,635 | -7,150 | 20,828 | 8,934 | 8,315 | -145,739 | -2,929,510 | 2,793,598 | -10,284,832 | 10,734,788 |
| Accruals and Deferred Income | 0 | -58,226 | 50,726 | 4,000 | 1,000 | 0 | 2,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,162,500 | -135,000 | 4,297,500 | 0 | -10,282,795 | 10,282,795 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -432,452 | -81,011 | -309,077 | -83,481 | 1,668,782 | -135,000 | -135,000 | 4,027,500 | 0 | -5,403,921 | 4,298,283 | 1,105,638 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
midcity investments limited Credit Report and Business Information
Midcity Investments Limited Competitor Analysis
Perform a competitor analysis for midcity investments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CV7 area or any other competitors across 12 key performance metrics.
midcity investments limited Ownership
MIDCITY INVESTMENTS LIMITED group structure
Midcity Investments Limited has no subsidiary companies.
Ultimate parent company
HUNTFIELD GP LTD
#0150214
2 parents
MIDCITY INVESTMENTS LIMITED
03511435
midcity investments limited directors
Midcity Investments Limited currently has 2 directors. The longest serving directors include Mr Michael Hunter (Mar 1998) and Mr Frank Hunter (Sep 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Hunter | Israel | 81 years | Mar 1998 | - | Director |
| Mr Frank Hunter | 79 years | Sep 2013 | - | Director |
P&L
December 2022turnover
276.9k
-47%
operating profit
270.3k
0%
gross margin
24.8%
+3.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
8.3m
+0.03%
total assets
13.1m
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
midcity investments limited company details
company number
03511435
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
February 1998
age
26
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2022
previous names
daneline limited (December 2011)
accountant
-
auditor
-
address
1a needlers end lane, balsall common, coventry, CV7 7AF
Bank
-
Legal Advisor
-
midcity investments 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 10 charges/mortgages relating to midcity investments limited. Currently there are 1 open charges and 9 have been satisfied in the past.
midcity investments limited Companies House Filings - See Documents
| date | description | view/download |
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