merchant city limited
merchant city limited Company Information
Company Number
03784639
Next Accounts
Dec 2025
Shareholders
sentinal properties ltd
arv investments ltd
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
Registered Address
grove lodge, 287 regents park road, london, N3 3JY
Website
cityandmerchant.commerchant city limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHANT CITY LIMITED at £957.1k based on a Turnover of £414.9k and 2.31x industry multiple (adjusted for size and gross margin).
merchant city limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHANT CITY LIMITED at £2.6m based on an EBITDA of £422k and a 6.08x industry multiple (adjusted for size and gross margin).
merchant city limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHANT CITY LIMITED at £0 based on Net Assets of £-2.6m and 1.82x industry multiple (adjusted for liquidity).
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Merchant City Limited Overview
Merchant City Limited is a live company located in london, N3 3JY with a Companies House number of 03784639. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in June 1999, it's largest shareholder is sentinal properties ltd with a 66.7% stake. Merchant City Limited is a mature, micro sized company, Pomanda has estimated its turnover at £414.9k with rapid growth in recent years.
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Merchant City Limited Health Check
Pomanda's financial health check has awarded Merchant City Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £414.9k, make it in line with the average company (£414k)
- Merchant City Limited
£414k - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (6.1%)
- Merchant City Limited
6.1% - Industry AVG
Production
with a gross margin of 58%, this company has a comparable cost of product (58%)
- Merchant City Limited
58% - Industry AVG
Profitability
an operating margin of 97.8% make it more profitable than the average company (7.7%)
- Merchant City Limited
7.7% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (6)
6 - Merchant City Limited
6 - Industry AVG
Pay Structure
on an average salary of £40k, the company has an equivalent pay structure (£40k)
- Merchant City Limited
£40k - Industry AVG
Efficiency
resulting in sales per employee of £69.2k, this is less efficient (£101.5k)
- Merchant City Limited
£101.5k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (46 days)
- Merchant City Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 248 days, this is slower than average (30 days)
- Merchant City Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Merchant City Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (46 weeks)
0 weeks - Merchant City Limited
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 118.4%, this is a higher level of debt than the average (60.2%)
118.4% - Merchant City Limited
60.2% - Industry AVG
MERCHANT CITY LIMITED financials
Merchant City Limited's latest turnover from March 2024 is estimated at £414.9 thousand and the company has net assets of -£2.6 million. According to their latest financial statements, Merchant City Limited has 6 employees and maintains cash reserves of £63.2 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 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,400 | 2,092 | 4,393 | 11,218 | |||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -2,584 | -1,994 | -92 | -66 | -4,460 | 1,675 | |||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -2,584 | -1,994 | -92 | -10,120 | 30,753 | -3,928 | 1,675 | ||||||||
| Tax | |||||||||||||||
| Profit After Tax | -2,584 | -1,994 | -92 | -10,120 | 30,753 | -3,928 | 1,675 | ||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -2,584 | -1,994 | -92 | -10,120 | 30,753 | -3,928 | 1,675 | ||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 6 | 4 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||
| EBITDA* | -2,584 | -1,994 | -92 | -66 | -4,460 | 1,675 |
* 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 59,739 | ||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 12,546,340 | 12,875,437 | 12,445,690 | 7,000,004 | 3,635,369 | 3,571,597 | 5 | 1 | 1 | 1 | 1 | 1 | 941 | 29,541 | 36,940 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 12,606,079 | 12,875,437 | 12,445,690 | 7,000,004 | 3,635,369 | 3,571,597 | 5 | 1 | 1 | 1 | 1 | 1 | 941 | 29,541 | 36,940 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 23,752 | 16,756 | 5,772 | 5,315 | 2,847 | 6,834 | 4,070 | 4,559 | |||||||
| Group Debtors | 397,316 | 1,047,786 | 679,903 | 1,191,103 | 699,609 | 16,416 | 12,805 | 13,416 | 13,416 | 13,416 | 13,416 | 67,466 | 65,616 | 949 | 2,816 |
| Misc Debtors | 1,068,313 | 854,783 | 1,001,682 | 278,245 | 1,971 | 6,116 | 116 | 5,116 | 5,116 | 9,274 | 9,274 | 9,273 | 17,726 | 23,004 | 12,341 |
| Cash | 63,229 | 16,289 | 1,996,928 | 924,979 | 605,358 | 6,151 | 764 | 1,158 | 1,051 | 196 | 44 | 3,680 | |||
| misc current assets | |||||||||||||||
| total current assets | 1,552,610 | 1,935,614 | 3,678,513 | 2,394,327 | 1,306,938 | 28,683 | 12,921 | 18,532 | 18,532 | 29,226 | 29,163 | 80,637 | 90,372 | 28,067 | 23,396 |
| total assets | 14,158,689 | 14,811,051 | 16,124,203 | 9,394,331 | 4,942,307 | 3,600,280 | 12,926 | 18,533 | 18,533 | 29,227 | 29,164 | 80,638 | 91,313 | 57,608 | 60,336 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 118,543 | 190,631 | 284,099 | 29,332 | 12,801 | 3,038 | 2,681 | 13 | 568 | ||||||
| Group/Directors Accounts | 9,662,365 | 9,374,280 | 8,576,315 | 8,151,055 | 5,580,513 | 4,174,245 | 556,634 | 556,635 | 545,422 | 352,344 | 150,644 | 4,694 | 4,694 | 4,067,954 | 4,067,954 |
| other short term finances | 91,266 | 10,573 | |||||||||||||
| hp & lease commitments | 2,535 | 2,535 | |||||||||||||
| other current liabilities | 2,696,830 | 3,202,096 | 2,820,061 | 3,540,831 | 3,446,185 | 3,483,548 | 3,463,549 | 3,464,155 | 3,473,544 | 3,671,694 | 3,871,694 | 4,071,694 | 4,071,694 | 6,050 | 4,850 |
| total current liabilities | 12,480,273 | 12,860,808 | 11,691,048 | 11,721,218 | 9,039,499 | 7,657,793 | 4,020,183 | 4,020,790 | 4,018,966 | 4,027,076 | 4,025,019 | 4,076,401 | 4,076,956 | 4,074,004 | 4,072,804 |
| loans | 3,451,250 | 3,372,598 | 3,446,963 | ||||||||||||
| hp & lease commitments | 44,731 | 46,869 | |||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 790,372 | 789,006 | 1,355,466 | 364,738 | |||||||||||
| total long term liabilities | 4,286,353 | 4,208,473 | 4,802,429 | 364,738 | |||||||||||
| total liabilities | 16,766,626 | 17,069,281 | 16,493,477 | 12,085,956 | 9,039,499 | 7,657,793 | 4,020,183 | 4,020,790 | 4,018,966 | 4,027,076 | 4,025,019 | 4,076,401 | 4,076,956 | 4,074,004 | 4,072,804 |
| net assets | -2,607,937 | -2,258,230 | -369,274 | -2,691,625 | -4,097,192 | -4,057,513 | -4,007,257 | -4,002,257 | -4,000,433 | -3,997,849 | -3,995,855 | -3,995,763 | -3,985,643 | -4,016,396 | -4,012,468 |
| total shareholders funds | -2,607,937 | -2,258,230 | -369,274 | -2,691,625 | -4,097,192 | -4,057,513 | -4,007,257 | -4,002,257 | -4,000,433 | -3,997,849 | -3,995,855 | -3,995,763 | -3,985,643 | -4,016,396 | -4,012,468 |
| 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -2,584 | -1,994 | -92 | -66 | -4,460 | 1,675 | |||||||||
| Depreciation | 16,050 | 4,459 | |||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -429,944 | 237,740 | 212,237 | 767,768 | 679,048 | 9,611 | -5,611 | -9,930 | 457 | -51,581 | -10,590 | 90,176 | 8,307 | 19,716 | |
| Creditors | -72,088 | -93,468 | 254,767 | 16,531 | 12,801 | -3,038 | 357 | 2,668 | -555 | 568 | |||||
| Accruals and Deferred Income | -505,266 | 382,035 | -720,770 | 94,646 | -37,363 | 19,999 | -606 | -9,389 | -198,150 | -200,000 | -200,000 | 4,071,694 | 1,200 | 4,850 | |
| Deferred Taxes & Provisions | 1,366 | -566,460 | 990,728 | 364,738 | |||||||||||
| Cash flow from operations | -193,842 | -202,094 | -145,843 | 9,969 | 3,977,626 | -13,191 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -329,097 | 429,747 | 5,445,686 | 3,364,635 | 63,772 | 3,571,592 | 4 | -940 | 941 | -7,399 | 36,940 | ||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 288,085 | 797,965 | 425,260 | 2,570,542 | 1,406,268 | 3,617,611 | -1 | 11,213 | 193,078 | 201,700 | 145,950 | 4,694 | 4,067,954 | ||
| Other Short Term Loans | -91,266 | 80,693 | 10,573 | ||||||||||||
| Long term loans | 78,652 | -74,365 | 3,446,963 | ||||||||||||
| Hire Purchase and Lease Commitments | -2,138 | 49,404 | |||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 193,078 | 201,700 | 145,950 | -4,011,702 | 53,811 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 46,940 | -1,980,639 | 1,071,949 | 319,621 | 599,207 | 6,151 | -764 | -394 | 107 | 855 | 196 | -3,636 | 3,680 | ||
| overdraft | |||||||||||||||
| change in cash | 46,940 | -1,980,639 | 1,071,949 | 319,621 | 599,207 | 6,151 | -764 | -394 | 107 | 855 | 196 | -3,636 | 3,680 |
merchant city limited Credit Report and Business Information
Merchant City Limited Competitor Analysis
Perform a competitor analysis for merchant city limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N 3 area or any other competitors across 12 key performance metrics.
merchant city limited Ownership
MERCHANT CITY LIMITED group structure
Merchant City Limited has 2 subsidiary companies.
Ultimate parent company
MERCHANT CITY LIMITED
03784639
2 subsidiaries
merchant city limited directors
Merchant City Limited currently has 3 directors. The longest serving directors include Mr Gerard Lee (May 2004) and Mr Edward Azouz (May 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gerard Lee | United Kingdom | 73 years | May 2004 | - | Director |
| Mr Edward Azouz | United Kingdom | 76 years | May 2004 | - | Director |
| Mrs Rebecca Hamilton | 46 years | Nov 2022 | - | Director |
P&L
March 2024turnover
414.9k
+22%
operating profit
406k
0%
gross margin
58.1%
-12.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-2.6m
+0.15%
total assets
14.2m
-0.04%
cash
63.2k
+2.88%
net assets
Total assets minus all liabilities
Similar Companies
merchant city limited company details
company number
03784639
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
June 1999
age
26
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
grove lodge, 287 regents park road, london, N3 3JY
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
merchant city 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 merchant city limited. Currently there are 1 open charges and 0 have been satisfied in the past.
merchant city 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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merchant city limited Companies House Filings - See Documents
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