Pomanda estimates the enterprise value of MEARS HOUSING MANAGEMENT LIMITED at £4.9m based on a Turnover of £9.2m and 0.53x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MEARS HOUSING MANAGEMENT LIMITED at £0 based on an EBITDA of £-5.2m and a 1.35x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MEARS HOUSING MANAGEMENT LIMITED at £0 based on Net Assets of £-21.7m and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mears Housing Management LimitedOverview
Mears Housing Management Limited is a live company located in gloucester, GL3 4FE with a Companies House number of 03662604. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in November 1998, it's largest shareholder is
mears housing management ltd
with a 100% stake. Mears Housing Management Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£9.2m with
declining
growth in recent years.
Pomanda's financial health check has awarded Mears Housing Management Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £9.2m, make it larger than the average company (£360.4k)
£9.2m - Mears Housing Management Limited
£360.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (4.5%)
-10% - Mears Housing Management Limited
4.5% - Industry AVG
Production
with a gross margin of -50.7%, this company has a higher cost of product (68.7%)
-50.7% - Mears Housing Management Limited
68.7% - Industry AVG
Profitability
an operating margin of -88.1% make it less profitable than the average company (6.6%)
-88.1% - Mears Housing Management Limited
6.6% - Industry AVG
Employees
with 61 employees, this is above the industry average (7)
61 - Mears Housing Management Limited
7 - Industry AVG
Pay Structure
on an average salary of £38.1k, the company has an equivalent pay structure (£42.6k)
£38.1k - Mears Housing Management Limited
£42.6k - Industry AVG
Efficiency
resulting in sales per employee of £151.3k, this is more efficient (£103.9k)
£151.3k - Mears Housing Management Limited
£103.9k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (50 days)
29 days - Mears Housing Management Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (30 days)
62 days - Mears Housing Management Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mears Housing Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (47 weeks)
3 weeks - Mears Housing Management Limited
47 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 178.1%, this is a higher level of debt than the average (56.8%)
178.1% - Mears Housing Management Limited
56.8% - Industry AVG
MEARS HOUSING MANAGEMENT LIMITED financials
EXPORT
Mears Housing Management Limited's latest turnover from December 2023 is £9.2 million and the company has net assets of -£21.7 million. According to their latest financial statements, Mears Housing Management Limited has 61 employees and maintains cash reserves of £438 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
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
9,228,000
11,073,000
12,304,000
12,567,000
15,977,000
18,778,000
23,003,000
25,311,000
22,144,000
17,401,000
15,599,707
12,737,623
10,952,063
11,087,993
11,327,920
Other Income Or Grants
Cost Of Sales
13,903,000
11,649,000
12,433,000
13,636,000
15,705,000
16,365,000
18,432,000
20,441,000
17,316,000
14,766,000
13,011,387
10,796,870
9,155,994
9,070,057
9,473,326
Gross Profit
-4,675,000
-576,000
-129,000
-1,069,000
272,000
2,413,000
4,571,000
4,870,000
4,828,000
2,635,000
2,588,320
1,940,753
1,796,069
2,017,936
1,854,594
Admin Expenses
3,453,000
14,528,000
-13,850,000
4,656,000
1,940,000
3,093,000
4,462,000
2,648,000
1,316,000
5,723,000
1,407,523
1,396,026
1,301,687
1,382,633
1,125,896
Operating Profit
-8,128,000
-15,104,000
13,721,000
-5,725,000
-1,668,000
-680,000
109,000
2,222,000
3,512,000
-3,088,000
1,180,797
544,727
494,382
635,303
728,698
Interest Payable
1,808,000
1,249,000
1,501,000
1,976,000
1,674,000
465,000
100,000
109,000
16,680
23,903
7,370
Interest Receivable
1,000
93,000
2,248,000
9,000
9,000
1,373
33,659
22,555
5,038
1,926
Pre-Tax Profit
-9,935,000
-16,353,000
12,220,000
-7,608,000
-1,094,000
4,637,000
1,289,000
5,170,000
3,640,000
-1,023,000
1,165,490
554,483
509,567
640,341
730,624
Tax
31,000
9,000
-1,208,000
1,164,000
-78,000
-17,000
14,000
746,000
-743,000
-234,000
-265,968
-131,128
-138,942
-185,292
-210,890
Profit After Tax
-9,904,000
-16,344,000
11,012,000
-6,444,000
-1,172,000
4,620,000
1,303,000
5,916,000
2,897,000
-1,257,000
899,522
423,355
370,625
455,049
519,734
Dividends Paid
3,200,000
4,000,000
8,000,000
156,000
224,100
210,000
93,000
90,000
102,000
Retained Profit
-9,904,000
-16,344,000
11,012,000
-6,444,000
-4,372,000
620,000
-6,697,000
5,916,000
2,897,000
-1,413,000
675,422
213,355
277,625
365,049
417,734
Employee Costs
2,327,000
2,378,000
1,850,000
1,551,000
1,476,000
1,861,000
2,338,000
1,992,000
1,815,000
1,021,000
793,236
803,562
818,281
852,259
649,008
Number Of Employees
61
72
57
37
38
53
65
71
35
63
30
28
30
34
28
EBITDA*
-5,196,000
-12,224,000
17,524,000
-102,000
4,560,000
-667,000
206,000
2,287,000
3,540,000
-3,056,000
1,230,013
599,254
547,190
697,474
799,002
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
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
837,000
1,010,000
26,884,000
29,715,000
34,320,000
356,000
291,000
384,000
97,000
96,000
125,792
163,583
158,425
186,516
211,252
Intangible Assets
23,020,000
24,021,000
27,000
30,000
40,000
Investments & Other
2,533,000
2,502,000
12,393,000
12,325,000
12,325,000
12,325,000
6,163,000
6,163,000
6,163,000
100
50
50
Debtors (Due After 1 year)
2,985,000
4,345,000
7,921,000
2,887,128
2,142,168
1,260,469
Total Fixed Assets
26,390,000
27,533,000
39,304,000
45,055,000
51,030,000
12,681,000
6,454,000
14,468,000
6,260,000
96,000
3,013,020
2,305,801
1,418,944
186,516
211,252
Stock & work in progress
Trade Debtors
758,000
496,000
740,000
626,000
4,072,000
4,069,000
5,021,000
3,401,000
1,840,000
1,310,000
1,241,172
976,144
850,426
648,690
1,519,064
Group Debtors
816,000
35,000
12,296,000
1,324,000
84,452
89,266
465,730
1,117,853
1,099,984
Misc Debtors
154,000
170,000
195,000
1,528,000
97,000
929,000
8,707,000
69,000
6,483,000
2,326,000
382,543
385,868
359,297
40,094
40,075
Cash
438,000
1,428,000
1,323,000
1,176,000
2,352,000
807,000
2,447,000
6,319,000
4,849,000
1,732,000
2,113,973
1,516,476
1,641,521
1,742,832
924,434
misc current assets
total current assets
1,350,000
2,094,000
3,074,000
3,365,000
6,521,000
18,101,000
17,499,000
9,789,000
13,172,000
5,368,000
3,822,140
2,967,754
3,316,974
3,549,469
3,583,557
total assets
27,740,000
29,627,000
42,378,000
48,420,000
57,551,000
30,782,000
23,953,000
24,257,000
19,432,000
5,464,000
6,835,160
5,273,555
4,735,918
3,735,985
3,794,809
Bank overdraft
460,108
676,862
Bank loan
142,857
142,857
Trade Creditors
2,376,000
2,365,000
3,807,000
2,826,000
2,341,000
3,407,000
1,179,000
1,884,000
1,511,000
1,341,000
1,241,844
976,043
725,494
67,068
227,833
Group/Directors Accounts
566,000
273,000
548,000
102,000
748,387
2,863
24,146
6,253
1,563
other short term finances
6,163,000
hp & lease commitments
3,015,000
2,987,000
3,337,000
4,157,000
5,688,000
other current liabilities
526,000
658,000
763,000
457,000
446,000
3,021,000
1,940,000
603,000
1,477,000
985,000
601,132
584,683
489,667
483,570
534,614
total current liabilities
5,917,000
6,576,000
8,180,000
7,988,000
8,577,000
6,428,000
9,282,000
2,487,000
2,988,000
2,326,000
2,734,220
1,706,446
1,239,307
1,016,999
1,440,872
loans
16,954,000
11,599,000
5,163,000
20,425,000
19,898,000
19,452,000
10,082,000
10,484,000
5,208,000
665,000
215,552
357,143
500,000
hp & lease commitments
22,494,000
23,212,000
24,451,000
26,435,000
29,060,000
Accruals and Deferred Income
5,866,000
other liabilities
provisions
4,039,000
10,000
total long term liabilities
43,487,000
34,811,000
29,614,000
46,860,000
48,958,000
19,462,000
10,082,000
10,484,000
11,074,000
665,000
215,552
357,143
500,000
total liabilities
49,404,000
41,387,000
37,794,000
54,848,000
57,535,000
25,890,000
19,364,000
12,971,000
14,062,000
2,991,000
2,949,772
2,063,589
1,739,307
1,016,999
1,440,872
net assets
-21,664,000
-11,760,000
4,584,000
-6,428,000
16,000
4,892,000
4,589,000
11,286,000
5,370,000
2,473,000
3,885,388
3,209,966
2,996,611
2,718,986
2,353,937
total shareholders funds
-21,664,000
-11,760,000
4,584,000
-6,428,000
16,000
4,892,000
4,589,000
11,286,000
5,370,000
2,473,000
3,885,388
3,209,966
2,996,611
2,718,986
2,353,937
Dec 2023
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
-8,128,000
-15,104,000
13,721,000
-5,725,000
-1,668,000
-680,000
109,000
2,222,000
3,512,000
-3,088,000
1,180,797
544,727
494,382
635,303
728,698
Depreciation
403,000
261,000
3,795,000
5,613,000
6,228,000
13,000
97,000
65,000
28,000
32,000
49,216
54,527
52,808
62,171
70,304
Amortisation
2,529,000
2,619,000
8,000
10,000
Tax
31,000
9,000
-1,208,000
1,164,000
-78,000
-17,000
14,000
746,000
-743,000
-234,000
-265,968
-131,128
-138,942
-185,292
-210,890
Stock
Debtors
246,000
-1,085,000
-3,423,000
-3,340,000
-8,780,000
2,242,000
3,661,000
3,068,000
4,687,000
-959,295
1,001,849
657,524
1,129,285
-852,486
2,659,123
Creditors
11,000
-1,442,000
981,000
485,000
-1,066,000
2,228,000
-705,000
373,000
170,000
99,156
265,801
250,549
658,426
-160,765
227,833
Accruals and Deferred Income
-132,000
-105,000
306,000
11,000
-2,575,000
1,081,000
1,337,000
-6,740,000
6,358,000
383,868
16,449
95,016
6,097
-51,044
534,614
Deferred Taxes & Provisions
4,039,000
-10,000
10,000
Cash flow from operations
-1,493,000
-12,677,000
21,026,000
4,898,000
9,611,000
393,000
-2,809,000
-6,402,000
4,638,000
-1,847,681
244,446
156,167
-56,514
1,152,859
-1,308,564
Investing Activities
capital expenditure
-1,758,000
-1,000,000
-969,000
-1,008,000
-40,232,000
-78,000
-4,000
-352,000
-29,000
-2,208
1,141
-59,685
-24,767
-35,435
-51,282
Change in Investments
31,000
-9,891,000
68,000
6,162,000
6,163,000
-100
50
50
cash flow from investments
-1,789,000
8,891,000
-1,037,000
-1,008,000
-40,232,000
-6,240,000
-4,000
-352,000
-6,192,000
-2,108
1,091
-59,685
-24,817
-35,435
-51,282
Financing Activities
Bank loans
-142,857
142,857
Group/Directors Accounts
-566,000
293,000
-275,000
446,000
102,000
-748,387
745,524
-21,283
17,893
4,690
1,563
Other Short Term Loans
-6,163,000
6,163,000
Long term loans
5,355,000
6,436,000
-15,262,000
527,000
446,000
9,370,000
-402,000
5,276,000
4,543,000
449,448
-141,591
-142,857
500,000
Hire Purchase and Lease Commitments
-690,000
-1,589,000
-2,804,000
-4,156,000
34,748,000
other long term liabilities
share issue
-504,000
-317,000
612
1,936,203
interest
-1,807,000
-1,249,000
-1,501,000
-1,883,000
574,000
-456,000
-100,000
-109,000
9,000
-15,307
9,756
15,185
5,038
1,926
cash flow from financing
2,292,000
3,891,000
-19,842,000
-5,066,000
35,366,000
2,434,000
5,661,000
5,167,000
4,543,000
-432,184
588,626
-11,527
533,078
9,728
1,939,692
cash and cash equivalents
cash
-990,000
105,000
147,000
-1,176,000
1,545,000
-1,640,000
-3,872,000
1,470,000
3,117,000
-381,973
597,497
-125,045
-101,311
818,398
924,434
overdraft
-460,108
-216,754
676,862
change in cash
-990,000
105,000
147,000
-1,176,000
1,545,000
-1,640,000
-3,872,000
1,470,000
3,117,000
-381,973
597,497
-125,045
358,797
1,035,152
247,572
mears housing management limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for mears housing management limited. Get real-time insights into mears housing management limited's credit score, group structure and payment trends.
Perform a competitor analysis for mears housing management limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in GL3 area or any other competitors across 12 key performance metrics.
mears housing management limited Ownership
MEARS HOUSING MANAGEMENT LIMITED group structure
Mears Housing Management Limited has 4 subsidiary companies.
The sole shareholder of Mears Housing Management Limited is Mears Housing Management Ltd.
mears housing management ltd
100%
mears housing management limited directors
Mears Housing Management Limited currently has 2 directors.
The longest serving directors include
Mr John Taylor (Oct 2014) and
Mr Ben Westran (Sep 2020).
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 2 charges/mortgages relating to mears housing management limited. Currently there are 0 open charges and 2 have been satisfied in the past.
mears housing management 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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mears housing management limitedCompanies House Filings - See Documents
