merchants court limited

merchants court limited Company Information

Share MERCHANTS COURT LIMITED
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Company Number

03816046

Industry

Management of real estate on a fee or contract basis

 

Directors

Richard Thorne

David Frost

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Shareholders

rita thorne & florence emily james

rachel dylong

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Group Structure

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Contact

Registered Address

merchants court limited, merchants place, cromer, norfolk, NR27 9ES

merchants court limited Estimated Valuation

£212.9k

Pomanda estimates the enterprise value of MERCHANTS COURT LIMITED at £212.9k based on a Turnover of £130.1k and 1.64x industry multiple (adjusted for size and gross margin).

merchants court limited Estimated Valuation

£66

Pomanda estimates the enterprise value of MERCHANTS COURT LIMITED at £66 based on an EBITDA of £14 and a 4.51x industry multiple (adjusted for size and gross margin).

merchants court limited Estimated Valuation

£26.4k

Pomanda estimates the enterprise value of MERCHANTS COURT LIMITED at £26.4k based on Net Assets of £14.8k and 1.78x industry multiple (adjusted for liquidity).

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Merchants Court Limited Overview

Merchants Court Limited is a live company located in cromer, NR27 9ES with a Companies House number of 03816046. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in July 1999, it's largest shareholder is rita thorne & florence emily james with a 6.8% stake. Merchants Court Limited is a mature, micro sized company, Pomanda has estimated its turnover at £130.1k with low growth in recent years.

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Merchants Court Limited Health Check

Pomanda's financial health check has awarded Merchants Court 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

1 Regular

positive_score

7 Weak

size

Size

annual sales of £130.1k, make it smaller than the average company (£345.1k)

£130.1k - Merchants Court Limited

£345.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.4%)

3% - Merchants Court Limited

4.4% - Industry AVG

production

Production

with a gross margin of 15.6%, this company has a higher cost of product (69.4%)

15.6% - Merchants Court Limited

69.4% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (6.6%)

0% - Merchants Court Limited

6.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (7)

1 - Merchants Court Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)

£42.6k - Merchants Court Limited

£42.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £130.1k, this is more efficient (£104k)

£130.1k - Merchants Court Limited

£104k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 155 days, this is later than average (49 days)

155 days - Merchants Court Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 183 days, this is slower than average (30 days)

183 days - Merchants Court Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Merchants Court Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Merchants Court Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 78.9%, this is a higher level of debt than the average (55.2%)

78.9% - Merchants Court Limited

55.2% - Industry AVG

MERCHANTS COURT LIMITED financials

EXPORTms excel logo

Merchants Court Limited's latest turnover from December 2023 is estimated at £130.1 thousand and the company has net assets of £14.8 thousand. According to their latest financial statements, we estimate that Merchants Court Limited has 1 employee and maintains cash reserves of 0 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
Turnover130,09276,21186,736119,27477,61451,86751,74637,05876,82615,20614,44613,94013,64614,13012,864
Other Income Or Grants000000000000000
Cost Of Sales109,76463,39274,511102,93565,21443,54042,09130,84667,86713,77813,10812,65112,38512,8750
Gross Profit20,32812,81912,22516,33912,4008,3279,6556,2128,9601,4281,3381,2891,2611,2550
Admin Expenses20,31312,81312,19416,34812,3948,3259,65529,972-32,327-4,846-6,59311,190-4,788-3,160-5,310
Operating Profit15631-9620-23,76041,2876,2747,931-9,9016,0494,4155,310
Interest Payable000000000000000
Interest Receivable0000000074000000
Pre-Tax Profit15631-9620-23,76041,3616,2747,931-9,9016,0494,4155,310
Tax-4-1-60-1000-8,272000000
Profit After Tax11525-9520-23,76033,0896,2747,931-9,9016,0494,4155,310
Dividends Paid000000000000000
Retained Profit11525-9520-23,76033,0896,2747,931-9,9016,0494,4155,310
Employee Costs42,58641,85038,47236,62736,58135,03432,51332,69136,486000000
Number Of Employees111111111111110
EBITDA*15631-9620-23,76041,2876,2747,931-9,9016,0494,4155,310

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets14,58814,58814,58814,58814,58814,58814,58814,58814,58814,58814,58814,58814,58814,58814,588
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets14,58814,58814,58814,58814,58814,58814,58814,58814,58814,58814,58814,58814,58814,58814,588
Stock & work in progress000000000000000
Trade Debtors55,48835,51140,05555,76038,71927,15229,20017,97225,952000000
Group Debtors000000000000000
Misc Debtors0000000002502,759228162016
Cash00000000029,72923,13920,26228,48722,09918,591
misc current assets000000000000000
total current assets55,48835,51140,05555,76038,71927,15229,20017,97225,95229,97925,89820,49028,50322,11918,607
total assets70,07650,09954,64370,34853,30741,74043,78832,56040,54044,56740,48635,07843,09136,70733,195
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 55,28135,31539,86455,59438,54426,98229,03217,8042,02401,5182,8572,5302,2512,819
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities0000000002709452,129568512847
total current liabilities55,28135,31539,86455,59438,54426,98229,03217,8042,0242702,4634,9863,0982,7633,666
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities55,28135,31539,86455,59438,54426,98229,03217,8042,0242702,4634,9863,0982,7633,666
net assets14,79514,78414,77914,75414,76314,75814,75614,75638,51644,29738,02330,09239,99333,94429,529
total shareholders funds14,79514,78414,77914,75414,76314,75814,75614,75638,51644,29738,02330,09239,99333,94429,529
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit15631-9620-23,76041,2876,2747,931-9,9016,0494,4155,310
Depreciation000000000000000
Amortisation000000000000000
Tax-4-1-60-1000-8,272000000
Stock000000000000000
Debtors19,977-4,544-15,70517,04111,567-2,04811,228-7,98025,702-2,5092,531212-4416
Creditors19,966-4,549-15,73017,05011,562-2,05011,22815,7802,024-1,518-1,339327279-5682,819
Accruals and Deferred Income00000000-270-675-1,1841,56156-335847
Deferred Taxes & Provisions000000000000000
Cash flow from operations000000009,0676,5902,877-8,2256,3883,5088,960
Investing Activities
capital expenditure00000000000000-14,588
Change in Investments000000000000000
cash flow from investments00000000000000-14,588
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000-38,8700000024,219
interest0000000074000000
cash flow from financing00000000-38,7960000024,219
cash and cash equivalents
cash00000000-29,7296,5902,877-8,2256,3883,50818,591
overdraft000000000000000
change in cash00000000-29,7296,5902,877-8,2256,3883,50818,591

merchants court 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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Merchants Court Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for merchants court limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NR27 area or any other competitors across 12 key performance metrics.

merchants court limited Ownership

MERCHANTS COURT LIMITED group structure

Merchants Court Limited has no subsidiary companies.

Ultimate parent company

MERCHANTS COURT LIMITED

03816046

MERCHANTS COURT LIMITED Shareholders

rita thorne & florence emily james 6.78%
rachel dylong 6.78%
matthew james cornwell & stephen john cornwell & nicholas william cornwell 6.78%
susan margaret northen & philip james northen 6.78%
janice greaves 6.78%
ian hall & deryn hall 6.78%
f. hagg 6.78%
carol ann hagon 6.78%
susan dorothy frost & michael robert frost & andrew david frost & david michael frost 6.78%
ed lancaster & rachael lancaster 6.78%

merchants court limited directors

Merchants Court Limited currently has 4 directors. The longest serving directors include Mr Richard Thorne (Jan 2004) and Mr David Frost (Jul 2021).

officercountryagestartendrole
Mr Richard Thorne77 years Jan 2004- Director
Mr David Frost78 years Jul 2021- Director
Mr Thomas HallEngland80 years May 2022- Director
Mr David Osborne64 years Apr 2023- Director

P&L

December 2023

turnover

130.1k

+71%

operating profit

14.7

0%

gross margin

15.7%

-7.1%

turnover

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

Balance Sheet

December 2023

net assets

14.8k

0%

total assets

70.1k

+0.4%

cash

0

0%

net assets

Total assets minus all liabilities

merchants court limited company details

company number

03816046

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

July 1999

age

26

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

gag107 limited (October 1999)

accountant

-

auditor

-

address

merchants court limited, merchants place, cromer, norfolk, NR27 9ES

Bank

-

Legal Advisor

-

merchants court 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 merchants court limited.

merchants court 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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merchants court limited Companies House Filings - See Documents

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