m&h developments ltd
m&h developments ltd Company Information
Company Number
04526849
Registered Address
oakmere belmont business park, durham, DH1 1TW
Industry
Construction of domestic buildings
Telephone
01506491767
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
mr masoud farrahi 50%
hossein farahi 50%
m&h developments ltd Estimated Valuation
The estimated valuation range for m&h developments ltd, derived from financial data as of September 2022 and the most recent industry multiples, is between £80.8k to £440.1k
m&h developments ltd Estimated Valuation
The estimated valuation range for m&h developments ltd, derived from financial data as of September 2022 and the most recent industry multiples, is between £80.8k to £440.1k
m&h developments ltd Estimated Valuation
The estimated valuation range for m&h developments ltd, derived from financial data as of September 2022 and the most recent industry multiples, is between £80.8k to £440.1k
Get a detailed valuation report, edit figures and unlock valuation multiples.
M&h Developments Ltd AI Business Plan
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M&h Developments Ltd Overview
M&h Developments Ltd is a live company located in durham, DH1 1TW with a Companies House number of 04526849. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in September 2002, it's largest shareholder is mr masoud farrahi with a 50% stake. M&h Developments Ltd is a mature, small sized company, Pomanda has estimated its turnover at £830.9k with declining growth in recent years.
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M&h Developments Ltd Health Check
Pomanda's financial health check has awarded M&H Developments Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £830.9k, make it larger than the average company (£474.2k)
- M&h Developments Ltd
£474.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (7.9%)
- M&h Developments Ltd
7.9% - Industry AVG
Production
with a gross margin of 20.7%, this company has a comparable cost of product (20.7%)
- M&h Developments Ltd
20.7% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (7.7%)
- M&h Developments Ltd
7.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - M&h Developments Ltd
3 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- M&h Developments Ltd
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £830.9k, this is more efficient (£204.1k)
- M&h Developments Ltd
£204.1k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (27 days)
- M&h Developments Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 97 days, this is slower than average (28 days)
- M&h Developments Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- M&h Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (16 weeks)
4 weeks - M&h Developments Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.9%, this is a similar level of debt than the average (72.6%)
75.9% - M&h Developments Ltd
72.6% - Industry AVG
m&h developments ltd Credit Report and Business Information
M&h Developments Ltd Competitor Analysis
Perform a competitor analysis for m&h developments ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
m&h developments ltd Ownership
M&H DEVELOPMENTS LTD group structure
M&H Developments Ltd has no subsidiary companies.
Ultimate parent company
M&H DEVELOPMENTS LTD
04526849
m&h developments ltd directors
M&H Developments Ltd currently has 2 directors. The longest serving directors include Mr Hossein Farahi (Mar 2008) and Mrs Marjan Farahi (Apr 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hossein Farahi | England | 68 years | Mar 2008 | - | Director |
| Mrs Marjan Farahi | England | 59 years | Apr 2016 | - | Director |
M&H DEVELOPMENTS LTD financials
M&H Developments Ltd's latest turnover from September 2022 is estimated at £830.9 thousand and the company has net assets of £341.9 thousand. According to their latest financial statements, M&H Developments Ltd has 1 employee and maintains cash reserves of £13.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,403,703 | 1,415,481 | 1,427,437 | 1,439,630 | 1,442,793 | 908,317 | 610,486 | 610,818 | 611,195 | 611,632 | 612,149 | 612,776 | 613,547 | 614,513 |
| 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 | 1,403,703 | 1,415,481 | 1,427,437 | 1,439,630 | 1,442,793 | 908,317 | 610,486 | 610,818 | 611,195 | 611,632 | 612,149 | 612,776 | 613,547 | 614,513 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,259 | 1,982 | 4,225 | 14,746 | 52,387 | 5,509 | 5,080 | 7,072 | 4,600 | 4,732 | 4,329 | 4,329 | 7,144 | 6,588 |
| 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 | 13,792 | 4,338 | 27,302 | 1,551 | 513 | 47,678 | 5,045 | 7,520 | 18,525 | 0 | 82 | 81 | 194 | 308 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 18,051 | 6,320 | 31,527 | 16,297 | 52,900 | 53,187 | 10,125 | 14,592 | 23,125 | 4,732 | 4,411 | 4,410 | 7,338 | 6,896 |
| total assets | 1,421,754 | 1,421,801 | 1,458,964 | 1,455,927 | 1,495,693 | 961,504 | 620,611 | 625,410 | 634,320 | 616,364 | 616,560 | 617,186 | 620,885 | 621,409 |
| 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 | 175,755 | 174,890 | 208,709 | 202,339 | 271,031 | 50,571 | 66,401 | 69,500 | 71,746 | 90,192 | 86,959 | 79,051 | 72,394 | 61,306 |
| 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 | 175,755 | 174,890 | 208,709 | 202,339 | 271,031 | 50,571 | 66,401 | 69,500 | 71,746 | 90,192 | 86,959 | 79,051 | 72,394 | 61,306 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 903,747 | 914,879 | 934,178 | 922,349 | 895,044 | 570,677 | 243,977 | 274,243 | 311,234 | 348,222 | 371,885 | 399,433 | 426,399 | 452,735 |
| provisions | 304 | 405 | 540 | 720 | 314 | 419 | 74 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 904,051 | 915,284 | 934,718 | 923,069 | 895,358 | 571,096 | 244,051 | 274,243 | 311,234 | 348,222 | 371,885 | 399,433 | 426,399 | 452,735 |
| total liabilities | 1,079,806 | 1,090,174 | 1,143,427 | 1,125,408 | 1,166,389 | 621,667 | 310,452 | 343,743 | 382,980 | 438,414 | 458,844 | 478,484 | 498,793 | 514,041 |
| net assets | 341,948 | 331,627 | 315,537 | 330,519 | 329,304 | 339,837 | 310,159 | 281,667 | 251,340 | 177,950 | 157,716 | 138,702 | 122,092 | 107,368 |
| total shareholders funds | 341,948 | 331,627 | 315,537 | 330,519 | 329,304 | 339,837 | 310,159 | 281,667 | 251,340 | 177,950 | 157,716 | 138,702 | 122,092 | 107,368 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 11,778 | 11,956 | 12,193 | 12,666 | 11,675 | 936 | 332 | 376 | 437 | 517 | 627 | 771 | 966 | 1,231 |
| Amortisation | 0 | 0 | 0 | 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 | 2,277 | -2,243 | -10,521 | -37,641 | 46,878 | 429 | -1,992 | 2,472 | -132 | 403 | 0 | -2,815 | 556 | 6,588 |
| Creditors | 865 | -33,819 | 6,370 | -68,692 | 220,460 | -15,830 | -3,099 | -2,246 | -18,446 | 3,233 | 7,908 | 6,657 | 11,088 | 61,306 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -101 | -135 | -180 | 406 | -105 | 345 | 74 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -11,132 | -19,299 | 11,829 | 27,305 | 324,367 | 326,700 | -30,266 | -36,991 | -36,988 | -23,663 | -27,548 | -26,966 | -26,336 | 452,735 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 9,454 | -22,964 | 25,751 | 1,038 | -47,165 | 42,633 | -2,475 | -11,005 | 18,525 | -82 | 1 | -113 | -114 | 308 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 9,454 | -22,964 | 25,751 | 1,038 | -47,165 | 42,633 | -2,475 | -11,005 | 18,525 | -82 | 1 | -113 | -114 | 308 |
P&L
September 2022turnover
830.9k
+9%
operating profit
12.5k
0%
gross margin
20.8%
+8.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
341.9k
+0.03%
total assets
1.4m
0%
cash
13.8k
+2.18%
net assets
Total assets minus all liabilities
m&h developments ltd company details
company number
04526849
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
September 2002
age
22
accounts
Total Exemption Full
ultimate parent company
previous names
g.d. property developments limited (October 2010)
incorporated
UK
address
oakmere belmont business park, durham, DH1 1TW
last accounts submitted
September 2022
m&h developments ltd 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 5 charges/mortgages relating to m&h developments ltd. Currently there are 4 open charges and 1 have been satisfied in the past.
m&h developments ltd Companies House Filings - See Documents
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