majestic developments ltd
majestic developments ltd Company Information
Company Number
05294307
Next Accounts
Mar 2025
Directors
Shareholders
metonu tolulope wusu
gloria wusu
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
Registered Address
19 diamond court, opal drive fox milne, milton keynes, MK15 0DU
Website
-majestic developments ltd Estimated Valuation
Pomanda estimates the enterprise value of MAJESTIC DEVELOPMENTS LTD at £168.4k based on a Turnover of £115.8k and 1.45x industry multiple (adjusted for size and gross margin).
majestic developments ltd Estimated Valuation
Pomanda estimates the enterprise value of MAJESTIC DEVELOPMENTS LTD at £1.2k based on an EBITDA of £291 and a 4.23x industry multiple (adjusted for size and gross margin).
majestic developments ltd Estimated Valuation
Pomanda estimates the enterprise value of MAJESTIC DEVELOPMENTS LTD at £482.4k based on Net Assets of £268k and 1.8x industry multiple (adjusted for liquidity).
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Majestic Developments Ltd Overview
Majestic Developments Ltd is a dissolved company that was located in milton keynes, MK15 0DU with a Companies House number of 05294307. It operated in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in November 2004, it's largest shareholder was metonu tolulope wusu with a 75% stake. The last turnover for Majestic Developments Ltd was estimated at £115.8k.
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Majestic Developments Ltd Health Check
Pomanda's financial health check has awarded Majestic Developments Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £115.8k, make it smaller than the average company (£346.6k)
- Majestic Developments Ltd
£346.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Majestic Developments Ltd
- - Industry AVG
Production
with a gross margin of 10.8%, this company has a higher cost of product (42%)
- Majestic Developments Ltd
42% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (8.8%)
- Majestic Developments Ltd
8.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
- Majestic Developments Ltd
10 - Industry AVG
Pay Structure
on an average salary of £33.2k, the company has an equivalent pay structure (£33.2k)
- Majestic Developments Ltd
£33.2k - Industry AVG
Efficiency
resulting in sales per employee of £115.8k, this is equally as efficient (£114.6k)
- Majestic Developments Ltd
£114.6k - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is later than average (31 days)
- Majestic Developments Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 193 days, this is slower than average (33 days)
- Majestic Developments Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Majestic Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (29 weeks)
0 weeks - Majestic Developments Ltd
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.8%, this is a similar level of debt than the average (83.9%)
80.8% - Majestic Developments Ltd
83.9% - Industry AVG
MAJESTIC DEVELOPMENTS LTD financials
Majestic Developments Ltd's latest turnover from June 2011 is estimated at £115.8 thousand and the company has net assets of £268 thousand. According to their latest financial statements, we estimate that Majestic Developments Ltd has 1 employee and maintains cash reserves of £624 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2011 | Jun 2010 | |
|---|---|---|
| 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2011 | Jun 2010 | |
|---|---|---|
| Tangible Assets | 1,374,834 | 1,374,834 |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 1,374,834 | 1,374,834 |
| Stock & work in progress | ||
| Trade Debtors | 23,206 | 23,206 |
| Group Debtors | ||
| Misc Debtors | ||
| Cash | 624 | 503 |
| misc current assets | ||
| total current assets | 23,830 | 23,709 |
| total assets | 1,398,664 | 1,398,543 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 54,766 | 54,863 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 54,766 | 54,863 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | 1,075,915 | 1,075,915 |
| provisions | ||
| total long term liabilities | 1,075,915 | 1,075,915 |
| total liabilities | 1,130,681 | 1,130,778 |
| net assets | 267,983 | 267,765 |
| total shareholders funds | 267,983 | 267,765 |
| Jun 2011 | Jun 2010 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 23,206 | |
| Creditors | -97 | 54,863 |
| Accruals and Deferred Income | ||
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | ||
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | 1,075,915 | |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 121 | 503 |
| overdraft | ||
| change in cash | 121 | 503 |
majestic developments ltd Credit Report and Business Information
Majestic Developments Ltd Competitor Analysis
Perform a competitor analysis for majestic developments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in MK15 area or any other competitors across 12 key performance metrics.
majestic developments ltd Ownership
MAJESTIC DEVELOPMENTS LTD group structure
Majestic Developments Ltd has no subsidiary companies.
Ultimate parent company
MAJESTIC DEVELOPMENTS LTD
05294307
majestic developments ltd directors
Majestic Developments Ltd currently has 1 director, Metonu Wusu serving since Nov 2004.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Metonu Wusu | 55 years | Nov 2004 | - | Director |
P&L
June 2011turnover
115.8k
+19%
operating profit
291.8
0%
gross margin
10.9%
-1.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2011net assets
268k
0%
total assets
1.4m
0%
cash
624
+0.24%
net assets
Total assets minus all liabilities
majestic developments ltd company details
company number
05294307
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
November 2004
age
21
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
June 2011
previous names
N/A
accountant
-
auditor
-
address
19 diamond court, opal drive fox milne, milton keynes, MK15 0DU
Bank
-
Legal Advisor
-
majestic 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 majestic developments ltd. Currently there are 5 open charges and 0 have been satisfied in the past.
majestic developments ltd 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.
Click to start generating capital raising & share issue transactions for MAJESTIC DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
majestic developments ltd Companies House Filings - See Documents
| date | description | view/download |
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