m b bhullar properties limited

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m b bhullar properties limited Company Information

Share M B BHULLAR PROPERTIES LIMITED

Company Number

03789245

Shareholders

roopinder bhullar

harshvinder bhullar

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

4 flamingo court, 3 woodstock road, london, NW11 8ES

Website

-

m b bhullar properties limited Estimated Valuation

£147.9k

Pomanda estimates the enterprise value of M B BHULLAR PROPERTIES LIMITED at £147.9k based on a Turnover of £60.6k and 2.44x industry multiple (adjusted for size and gross margin).

m b bhullar properties limited Estimated Valuation

£75.5k

Pomanda estimates the enterprise value of M B BHULLAR PROPERTIES LIMITED at £75.5k based on an EBITDA of £15.4k and a 4.9x industry multiple (adjusted for size and gross margin).

m b bhullar properties limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of M B BHULLAR PROPERTIES LIMITED at £2.6m based on Net Assets of £1.5m and 1.76x industry multiple (adjusted for liquidity).

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M B Bhullar Properties Limited Overview

M B Bhullar Properties Limited is a live company located in london, NW11 8ES with a Companies House number of 03789245. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 1999, it's largest shareholder is roopinder bhullar with a 33.3% stake. M B Bhullar Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £60.6k with declining growth in recent years.

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M B Bhullar Properties Limited Health Check

Pomanda's financial health check has awarded M B Bhullar Properties 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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £60.6k, make it smaller than the average company (£923.6k)

£60.6k - M B Bhullar Properties Limited

£923.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.9%)

-1% - M B Bhullar Properties Limited

4.9% - Industry AVG

production

Production

with a gross margin of 34.6%, this company has a higher cost of product (75.5%)

34.6% - M B Bhullar Properties Limited

75.5% - Industry AVG

profitability

Profitability

an operating margin of 25.4% make it as profitable than the average company (29.3%)

25.4% - M B Bhullar Properties Limited

29.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - M B Bhullar Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)

£32.4k - M B Bhullar Properties Limited

£32.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £60.6k, this is less efficient (£177.3k)

£60.6k - M B Bhullar Properties Limited

£177.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 3 days, this is earlier than average (30 days)

3 days - M B Bhullar Properties Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2129 days, this is slower than average (38 days)

2129 days - M B Bhullar Properties Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - M B Bhullar Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (12 weeks)

8 weeks - M B Bhullar Properties Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 18.8%, this is a lower level of debt than the average (64%)

18.8% - M B Bhullar Properties Limited

64% - Industry AVG

M B BHULLAR PROPERTIES LIMITED financials

EXPORTms excel logo

M B Bhullar Properties Limited's latest turnover from March 2024 is estimated at £60.6 thousand and the company has net assets of £1.5 million. According to their latest financial statements, we estimate that M B Bhullar Properties Limited has 1 employee and maintains cash reserves of £36.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover60,56757,96266,38361,68025,40145,953128,51681,140469,095442,296120,101780,038573,846545,712
Other Income Or Grants
Cost Of Sales39,61938,64844,79440,73316,98230,96585,28552,102330,368310,96685,333554,726404,983378,827
Gross Profit20,94819,31421,58920,9478,42014,98743,23029,038138,727131,33034,769225,313168,863166,885
Admin Expenses5,539-94613,95510,421-1,883344,40543,375-447,775-44,251230,75979,161-208,305173,045120,950-198,444
Operating Profit15,40920,2607,63410,52610,303-329,418-145476,81344,251-92,03252,169243,07452,26847,913365,329
Interest Payable
Interest Receivable1,5426941506378357145982201096557494924
Pre-Tax Profit16,95120,9547,78410,58910,380-329,061476,91144,471-91,92352,234243,13252,31847,963365,353
Tax-4,238-3,981-1,479-2,012-1,972-95,382-8,894-12,014-58,352-13,603-13,429-102,299
Profit After Tax12,71316,9736,3058,5778,408-329,061381,52935,577-91,92340,220184,78038,71534,533263,054
Dividends Paid
Retained Profit12,71316,9736,3058,5778,408-329,061381,52935,577-91,92340,220184,78038,71534,533263,054
Employee Costs32,39330,37329,50026,83427,32553,99826,00625,57152,00049,57423,98071,81046,76149,642
Number Of Employees11111211221322
EBITDA*15,40920,2607,63410,52610,303-329,418-145476,81344,251-92,03252,169243,07452,26847,913365,329

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,399,0001,350,0001,604,4441,350,0001,350,000
Intangible Assets
Investments & Other1,805,0001,805,0001,805,0001,805,0001,805,0001,805,0001,854,0001,854,0001,854,0001,854,000
Debtors (Due After 1 year)
Total Fixed Assets1,805,0001,805,0001,805,0001,805,0001,805,0001,805,0001,854,0001,854,0001,854,0001,854,0001,399,0001,350,0001,604,4441,350,0001,350,000
Stock & work in progress
Trade Debtors6084701,5751,5581,0981,03823,93613,650500
Group Debtors
Misc Debtors
Cash36,76021,97910,68429,22797,15858,25736,95521,16157,33930,72012,72613,0819,7839,9949,689
misc current assets
total current assets37,36822,44912,25930,78598,25659,29560,89134,81157,33930,72012,72613,5819,7839,9949,689
total assets1,842,3681,827,4491,817,2591,835,7851,903,2561,864,2951,914,8911,888,8111,911,3391,884,7201,411,7261,363,5811,614,2271,359,9941,359,689
Bank overdraft
Bank loan
Trade Creditors 231,135228,929235,712244,241416,670418,932411,007824,157608,639642,867
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities246,106308,198375,840382,345407,712
total current liabilities231,135228,929235,712244,241246,106308,198375,840382,345407,712416,670418,932411,007824,157608,639642,867
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities2,1602,1602,16018,46292,645
provisions112,179112,179112,179112,179112,179112,179112,179112,179112,179112,17932,00032,00095,00095,00095,000
total long term liabilities114,339114,339114,339130,641204,824112,179112,179112,179112,179112,17932,00032,00095,00095,00095,000
total liabilities345,474343,268350,051374,882450,930420,377488,019494,524519,891528,849450,932443,007919,157703,639737,867
net assets1,496,8941,484,1811,467,2081,460,9031,452,3261,443,9181,426,8721,394,2871,391,4481,355,871960,794920,574695,070656,355621,822
total shareholders funds1,496,8941,484,1811,467,2081,460,9031,452,3261,443,9181,426,8721,394,2871,391,4481,355,871960,794920,574695,070656,355621,822
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit15,40920,2607,63410,52610,303-329,418-145476,81344,251-92,03252,169243,07452,26847,913365,329
Depreciation
Amortisation
Tax-4,238-3,981-1,479-2,012-1,972-95,382-8,894-12,014-58,352-13,603-13,429-102,299
Stock
Debtors138-1,1051746060-22,89810,28613,650-500500
Creditors2,206-6,783-8,529244,241-416,670-2,2627,925-413,150215,518-34,228642,867
Accruals and Deferred Income-246,106-62,092-67,642-6,505-25,367407,712
Deferred Taxes & Provisions80,179-63,00095,000
Cash flow from operations13,23910,601-2,3916,189-53,821-374,162-16,936342,41426,399-14,11548,580-291,928254,1832561,000,897
Investing Activities
capital expenditure1,399,000-49,000254,444-254,444-1,350,000
Change in Investments-49,0001,854,000
cash flow from investments49,000-455,000-49,000254,444-254,444-1,350,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-16,302-74,18392,645
share issue346,10732,585-378,690487,00040,724358,768
interest1,5426941506378357145982201096557494924
cash flow from financing1,542694-16,152-74,12092,723346,46432,730-378,592220487,1096540,7814949358,792
cash and cash equivalents
cash14,78111,295-18,543-67,93138,90121,30215,794-36,17826,61917,994-3553,298-2113059,689
overdraft
change in cash14,78111,295-18,543-67,93138,90121,30215,794-36,17826,61917,994-3553,298-2113059,689

m b bhullar properties 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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M B Bhullar Properties Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for m b bhullar properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NW11 area or any other competitors across 12 key performance metrics.

m b bhullar properties limited Ownership

M B BHULLAR PROPERTIES LIMITED group structure

M B Bhullar Properties Limited has no subsidiary companies.

Ultimate parent company

M B BHULLAR PROPERTIES LIMITED

03789245

M B BHULLAR PROPERTIES LIMITED Shareholders

roopinder bhullar 33.33%
harshvinder bhullar 33.33%
ranu bhullar 33.33%

m b bhullar properties limited directors

M B Bhullar Properties Limited currently has 4 directors. The longest serving directors include Ms Bimla Bhullar (Jun 1999) and Ms Harshvinder Bhullar (Mar 2015).

officercountryagestartendrole
Ms Bimla BhullarEngland89 years Jun 1999- Director
Ms Harshvinder BhullarEngland64 years Mar 2015- Director
Ms Roopinder BhullarEngland66 years Dec 2018- Director
Ms Ranu BhullarEngland57 years Jul 2021- Director

P&L

March 2024

turnover

60.6k

+4%

operating profit

15.4k

0%

gross margin

34.6%

+3.79%

turnover

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

Balance Sheet

March 2024

net assets

1.5m

+0.01%

total assets

1.8m

+0.01%

cash

36.8k

+0.67%

net assets

Total assets minus all liabilities

m b bhullar properties limited company details

company number

03789245

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

June 1999

age

26

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

4 flamingo court, 3 woodstock road, london, NW11 8ES

Bank

BARCLAYS BANK PLC

Legal Advisor

-

m b bhullar 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 did not find charges/mortgages relating to m b bhullar properties limited.

m b bhullar 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.

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m b bhullar properties limited Companies House Filings - See Documents

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