mdl development company number 2 limited
mdl development company number 2 limited Company Information
Company Number
05607366
Website
www.mdlmarinas.co.ukRegistered Address
the yacht club 1 channel way, ocean village, southampton, hampshire, SO14 3QF
Industry
Other business support service activities n.e.c.
Telephone
02380457155
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
mdl marinas group ltd 100%
mdl development company number 2 limited Estimated Valuation
Pomanda estimates the enterprise value of MDL DEVELOPMENT COMPANY NUMBER 2 LIMITED at £0 based on a Turnover of £0 and 0.56x industry multiple (adjusted for size and gross margin).
mdl development company number 2 limited Estimated Valuation
Pomanda estimates the enterprise value of MDL DEVELOPMENT COMPANY NUMBER 2 LIMITED at £0 based on an EBITDA of £0 and a 4.46x industry multiple (adjusted for size and gross margin).
mdl development company number 2 limited Estimated Valuation
Pomanda estimates the enterprise value of MDL DEVELOPMENT COMPANY NUMBER 2 LIMITED at £368.4m based on Net Assets of £143.1m and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mdl Development Company Number 2 Limited Overview
Mdl Development Company Number 2 Limited is a live company located in southampton, SO14 3QF with a Companies House number of 05607366. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2005, it's largest shareholder is mdl marinas group ltd with a 100% stake. Mdl Development Company Number 2 Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mdl Development Company Number 2 Limited Health Check
Pomanda's financial health check has awarded Mdl Development Company Number 2 Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Mdl Development Company Number 2 Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mdl Development Company Number 2 Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Mdl Development Company Number 2 Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Mdl Development Company Number 2 Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (20)
- Mdl Development Company Number 2 Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Mdl Development Company Number 2 Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Mdl Development Company Number 2 Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mdl Development Company Number 2 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mdl Development Company Number 2 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mdl Development Company Number 2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (28 weeks)
- - Mdl Development Company Number 2 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.9%, this is a lower level of debt than the average (60.1%)
- - Mdl Development Company Number 2 Limited
- - Industry AVG
MDL DEVELOPMENT COMPANY NUMBER 2 LIMITED financials
Mdl Development Company Number 2 Limited's latest turnover from March 2023 is 0 and the company has net assets of £143.1 million. According to their latest financial statements, we estimate that Mdl Development Company Number 2 Limited has 1 employee and maintains cash reserves of £10 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Admin Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,000 | -5,000 | 0 | 0 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 2,000 | 1,213,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 4,693,000 | 2,479,000 | 2,451,000 | 3,220,000 | 2,791,000 | 2,682,000 | 2,792,000 | 2,850,000 | 2,875,000 | 2,993,000 | 3,247,000 | 3,471,000 | 4,065,000 | 2,403,000 |
| Pre-Tax Profit | 4,693,000 | 4,079,000 | 2,451,000 | 3,220,000 | 2,971,000 | 2,680,000 | 1,579,000 | 2,850,000 | 2,875,000 | 2,993,000 | 3,237,000 | 3,466,000 | 4,065,000 | 2,403,000 |
| Tax | -891,000 | -471,000 | -466,000 | -612,000 | -564,000 | -900,000 | 1,749,000 | -66,000 | -398,000 | -5,354,000 | -793,000 | -919,000 | -1,140,000 | -669,000 |
| Profit After Tax | 3,802,000 | 3,608,000 | 1,985,000 | 2,608,000 | 2,407,000 | 1,780,000 | 3,328,000 | 2,784,000 | 2,477,000 | -2,361,000 | 2,444,000 | 2,547,000 | 2,925,000 | 1,734,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,000,000 |
| Retained Profit | 3,802,000 | 3,608,000 | 1,985,000 | 2,608,000 | 2,407,000 | 1,780,000 | 3,328,000 | 2,784,000 | 2,477,000 | -2,361,000 | 2,444,000 | 2,547,000 | 2,925,000 | -2,266,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||||||||||||
| EBITDA* | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,000 | -5,000 | 0 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 521,000 | 521,000 | 521,000 | 521,000 | 521,000 | 521,000 | 521,000 | 521,000 | 519,000 | 519,000 | 1,000 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 143,897,000 | 139,675,000 | 137,180,000 | 135,427,000 | 132,772,000 | 130,705,000 | 128,996,000 | 129,522,000 | 129,543,000 | 126,668,000 | 124,192,000 | 120,967,000 | 121,122,000 | 120,004,000 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 242,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 10,000 | 10,000 | 4,000 | 4,000 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 144,428,000 | 140,206,000 | 137,705,000 | 135,952,000 | 133,297,000 | 131,226,000 | 129,759,000 | 130,043,000 | 130,062,000 | 127,187,000 | 124,193,000 | 120,967,000 | 121,122,000 | 120,052,000 |
| total assets | 144,428,000 | 140,206,000 | 137,705,000 | 135,952,000 | 133,297,000 | 131,226,000 | 129,759,000 | 130,043,000 | 130,062,000 | 127,187,000 | 124,193,000 | 120,967,000 | 121,122,000 | 120,052,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 400,000 | 400,000 | 45,000 | 612,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,488,000 | 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 | 893,000 | 473,000 | 335,000 | 0 | 565,000 | 901,000 | 1,214,000 | 4,826,000 | 7,629,000 | 7,231,000 | 1,876,000 | 1,094,000 | 1,308,000 | 2,651,000 |
| total current liabilities | 1,293,000 | 873,000 | 380,000 | 612,000 | 565,000 | 901,000 | 1,214,000 | 4,826,000 | 7,629,000 | 7,231,000 | 1,876,000 | 1,094,000 | 3,796,000 | 2,651,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,293,000 | 873,000 | 380,000 | 612,000 | 565,000 | 901,000 | 1,214,000 | 4,826,000 | 7,629,000 | 7,231,000 | 1,876,000 | 1,094,000 | 3,796,000 | 2,651,000 |
| net assets | 143,135,000 | 139,333,000 | 137,325,000 | 135,340,000 | 132,732,000 | 130,325,000 | 128,545,000 | 125,217,000 | 122,433,000 | 119,956,000 | 122,317,000 | 119,873,000 | 117,326,000 | 117,401,000 |
| total shareholders funds | 143,135,000 | 139,333,000 | 137,325,000 | 135,340,000 | 132,732,000 | 130,325,000 | 128,545,000 | 125,217,000 | 122,433,000 | 119,956,000 | 122,317,000 | 119,873,000 | 117,326,000 | 117,401,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,000 | -5,000 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -891,000 | -471,000 | -466,000 | -612,000 | -564,000 | -900,000 | 1,749,000 | -66,000 | -398,000 | -5,354,000 | -793,000 | -919,000 | -1,140,000 | -669,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 | 519,000 | 1,000 | 0 | 0 | 0 |
| Debtors | 4,222,000 | 2,495,000 | 1,753,000 | 2,655,000 | 2,067,000 | 1,467,000 | -284,000 | -21,000 | 2,875,000 | 126,668,000 | 3,225,000 | -155,000 | 1,118,000 | 120,004,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 420,000 | 138,000 | 335,000 | -565,000 | -336,000 | -313,000 | -3,612,000 | -2,803,000 | 398,000 | 7,231,000 | 782,000 | -214,000 | -1,343,000 | 2,651,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -4,693,000 | -2,828,000 | -1,884,000 | -3,832,000 | -2,967,000 | -2,680,000 | -1,579,000 | -2,850,000 | -2,875,000 | -125,310,000 | -3,247,000 | -983,000 | -3,601,000 | -118,022,000 |
| 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 | 355,000 | -567,000 | 612,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,488,000 | 2,488,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 4,693,000 | 2,479,000 | 2,451,000 | 3,220,000 | 2,791,000 | 2,680,000 | 1,579,000 | 2,850,000 | 2,875,000 | 2,993,000 | 3,247,000 | 3,471,000 | 4,065,000 | 2,403,000 |
| cash flow from financing | 4,693,000 | 1,234,000 | 1,884,000 | 3,832,000 | 2,791,000 | 2,680,000 | 1,579,000 | 2,850,000 | 2,875,000 | 125,310,000 | 3,247,000 | 983,000 | 3,553,000 | 122,070,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 6,000 | 0 | 0 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -48,000 | 48,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 6,000 | 0 | 0 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -48,000 | 48,000 |
mdl development company number 2 limited Credit Report and Business Information
Mdl Development Company Number 2 Limited Competitor Analysis
Perform a competitor analysis for mdl development company number 2 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mdl development company number 2 limited Ownership
MDL DEVELOPMENT COMPANY NUMBER 2 LIMITED group structure
Mdl Development Company Number 2 Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
MDL DEVELOPMENT COMPANY NUMBER 2 LIMITED
05607366
2 subsidiaries
mdl development company number 2 limited directors
Mdl Development Company Number 2 Limited currently has 4 directors. The longest serving directors include Mr Edward Iliffe (Jun 2012) and Mr Michael Glanville (Dec 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Iliffe | United Kingdom | 55 years | Jun 2012 | - | Director |
| Mr Michael Glanville | United Kingdom | 45 years | Dec 2018 | - | Director |
| Ms Kristi Roger | England | 50 years | Sep 2019 | - | Director |
| Mr Timothy Mayer | United Kingdom | 44 years | Dec 2021 | - | Director |
P&L
March 2023turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
143.1m
+0.03%
total assets
144.4m
+0.03%
cash
10k
0%
net assets
Total assets minus all liabilities
mdl development company number 2 limited company details
company number
05607366
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2005
age
19
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
mdl finance (2005) limited (November 2012)
lawgra (no. 1203) limited (December 2005)
incorporated
UK
address
the yacht club 1 channel way, ocean village, southampton, hampshire, SO14 3QF
last accounts submitted
March 2023
mdl development company number 2 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 4 charges/mortgages relating to mdl development company number 2 limited. Currently there are 3 open charges and 1 have been satisfied in the past.
mdl development company number 2 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
