metropolitan development services limited
metropolitan development services limited Company Information
Company Number
05623548
Next Accounts
Dec 2025
Industry
Renting and operating of Housing Association real estate
Directors
Shareholders
metropolitan housing trust limited
Group Structure
View All
Contact
Registered Address
the grange 100 high street, london, N14 6PW
Website
http://metropolitan.org.ukmetropolitan development services limited Estimated Valuation
Pomanda estimates the enterprise value of METROPOLITAN DEVELOPMENT SERVICES LIMITED at £126.3m based on a Turnover of £33.6m and 3.76x industry multiple (adjusted for size and gross margin).
metropolitan development services limited Estimated Valuation
Pomanda estimates the enterprise value of METROPOLITAN DEVELOPMENT SERVICES LIMITED at £5.2m based on an EBITDA of £773k and a 6.76x industry multiple (adjusted for size and gross margin).
metropolitan development services limited Estimated Valuation
Pomanda estimates the enterprise value of METROPOLITAN DEVELOPMENT SERVICES LIMITED at £709.2k based on Net Assets of £394k and 1.8x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Metropolitan Development Services Limited Overview
Metropolitan Development Services Limited is a live company located in london, N14 6PW with a Companies House number of 05623548. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in November 2005, it's largest shareholder is metropolitan housing trust limited with a 100% stake. Metropolitan Development Services Limited is a mature, large sized company, Pomanda has estimated its turnover at £33.6m with unknown growth in recent years.
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Metropolitan Development Services Limited Health Check
Pomanda's financial health check has awarded Metropolitan Development Services Limited a 1.5 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £33.6m, make it larger than the average company (£1.5m)
£33.6m - Metropolitan Development Services Limited
£1.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Metropolitan Development Services Limited
- - Industry AVG
Production
with a gross margin of 2.3%, this company has a higher cost of product (61.5%)
2.3% - Metropolitan Development Services Limited
61.5% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (14.9%)
2.3% - Metropolitan Development Services Limited
14.9% - Industry AVG
Employees
with 209 employees, this is above the industry average (7)
- Metropolitan Development Services Limited
7 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Metropolitan Development Services Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £160.6k, this is equally as efficient (£160.8k)
- Metropolitan Development Services Limited
£160.8k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is later than average (15 days)
27 days - Metropolitan Development Services Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (37 days)
31 days - Metropolitan Development Services Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 264 days, this is more than average (148 days)
264 days - Metropolitan Development Services Limited
148 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)
0 weeks - Metropolitan Development Services Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.5%, this is a higher level of debt than the average (70.5%)
98.5% - Metropolitan Development Services Limited
70.5% - Industry AVG
METROPOLITAN DEVELOPMENT SERVICES LIMITED financials
Metropolitan Development Services Limited's latest turnover from March 2024 is £33.6 million and the company has net assets of £394 thousand. According to their latest financial statements, we estimate that Metropolitan Development Services Limited has 209 employees and maintains cash reserves of £87 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 33,557,000 | 7,136,000 | 6,898,000 | 0 | 1,653,000 | 0 | 7,752,000 | 4,495,000 | 11,422,000 | 0 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 32,784,000 | 7,066,000 | 6,873,000 | 0 | 1,459,000 | -102,000 | 6,056,000 | 3,715,000 | 8,899,760 | 0 | |||||
| Gross Profit | 773,000 | 70,000 | 25,000 | 0 | 194,000 | 102,000 | 1,696,000 | 780,000 | 2,522,240 | 0 | |||||
| Admin Expenses | 0 | 0 | 0 | 0 | 1,000 | 61,000 | 330,000 | 147,000 | 164,771 | 91,652 | |||||
| Operating Profit | 773,000 | 70,000 | 25,000 | 0 | 193,000 | 41,000 | 1,366,000 | 633,000 | 2,357,469 | -91,652 | |||||
| Interest Payable | 922,000 | 0 | 6,000 | 0 | 0 | 14,000 | 43,000 | 0 | 0 | 253 | |||||
| Interest Receivable | 549,000 | 0 | 0 | 0 | 33,000 | 5,000 | 1,000 | 2,000 | 3,748 | 535 | |||||
| Pre-Tax Profit | 400,000 | 70,000 | 19,000 | 0 | 0 | 0 | -635,000 | -1,635,000 | 2,361,217 | -91,370 | |||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Profit After Tax | 400,000 | 70,000 | 19,000 | 0 | 0 | 0 | -635,000 | -1,635,000 | 2,361,217 | -91,370 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Retained Profit | 400,000 | 70,000 | 19,000 | 0 | 0 | 0 | -635,000 | -1,635,000 | 2,361,217 | -91,370 | |||||
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 773,000 | 70,000 | 25,000 | 0 | 193,000 | 41,000 | 1,366,000 | 633,000 | 2,357,469 | -91,652 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 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 | 0 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 23,770,000 | 15,178,000 | 983,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,653,000 | 1,275,000 | 6,089,000 | 5,473,466 | 10,110,701 | 0 |
| Trade Debtors | 2,548,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 199,000 | 0 | 757,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 |
| Misc Debtors | 70,000 | 57,000 | 36,000 | 0 | 0 | 0 | 0 | 0 | 19,000 | 0 | 0 | 0 | 636,255 | 1 | 0 |
| Cash | 87,000 | 517,000 | 15,000 | 0 | 0 | 0 | 0 | 0 | 207,000 | 84,000 | 3,246,000 | 108,000 | 3,625,316 | 2,034,297 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 26,674,000 | 15,752,000 | 1,791,000 | 0 | 0 | 0 | 0 | 0 | 226,000 | 1,737,000 | 4,521,000 | 6,197,000 | 9,735,037 | 12,146,999 | 0 |
| total assets | 26,674,000 | 15,752,000 | 1,791,000 | 0 | 0 | 0 | 0 | 0 | 226,000 | 1,737,000 | 4,521,000 | 6,197,000 | 9,735,037 | 12,146,999 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,000,000 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,842,000 | 824,000 | 215,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 162,000 | 847,125 | 0 | 0 |
| Group/Directors Accounts | 21,850,000 | 13,978,000 | 1,557,000 | 0 | 0 | 0 | 0 | 0 | 226,000 | 291,000 | 4,126,000 | 4,166,000 | 5,515,198 | 7,965,983 | 0 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 299,000 | 33,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 396,000 | 395,000 | 1,234,000 | 946,584 | 223,960 | 0 |
| total current liabilities | 24,991,000 | 14,835,000 | 1,772,000 | 0 | 0 | 0 | 0 | 0 | 226,000 | 687,000 | 4,521,000 | 5,562,000 | 7,308,907 | 12,189,943 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,050,000 | 0 | 0 | 156,282 | 48,425 | 0 |
| hp & lease commitments | 0 | 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 | 0 |
| other liabilities | 1,289,000 | 848,000 | 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 | 0 |
| total long term liabilities | 1,289,000 | 848,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,050,000 | 0 | 0 | 156,282 | 48,425 | 0 |
| total liabilities | 26,280,000 | 15,683,000 | 1,772,000 | 0 | 0 | 0 | 0 | 0 | 226,000 | 1,737,000 | 4,521,000 | 5,562,000 | 7,465,189 | 12,238,368 | 0 |
| net assets | 394,000 | 69,000 | 19,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 635,000 | 2,269,848 | -91,369 | 0 |
| total shareholders funds | 394,000 | 69,000 | 19,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 635,000 | 2,269,848 | -91,369 | 0 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 773,000 | 70,000 | 25,000 | 0 | 193,000 | 41,000 | 1,366,000 | 633,000 | 2,357,469 | -91,652 | |||||
| Depreciation | 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 | ||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Stock | 8,592,000 | 14,195,000 | 983,000 | 0 | 0 | 0 | 0 | 0 | -1,653,000 | 378,000 | -4,814,000 | 615,534 | -4,637,235 | 10,110,701 | 0 |
| Debtors | 2,760,000 | -736,000 | 793,000 | 0 | 0 | 0 | 0 | -19,000 | 19,000 | 0 | 0 | -636,255 | 634,254 | 2,001 | 0 |
| Creditors | 2,018,000 | 609,000 | 215,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -162,000 | -685,125 | 847,125 | 0 | 0 |
| Accruals and Deferred Income | 266,000 | 33,000 | 0 | 0 | 0 | 0 | 0 | 0 | -396,000 | 1,000 | -839,000 | 287,416 | 722,624 | 223,960 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -8,295,000 | -12,747,000 | -1,536,000 | 19,000 | 1,431,000 | -336,000 | 5,179,000 | 256,012 | 7,930,199 | -9,980,394 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 7,872,000 | 12,421,000 | 1,557,000 | 0 | 0 | 0 | 0 | -226,000 | -65,000 | -3,835,000 | -40,000 | -1,349,198 | -2,450,785 | 7,965,983 | 0 |
| Other Short Term Loans | 0 | 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 | -1,050,000 | 1,050,000 | 0 | -156,282 | 107,857 | 48,425 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 441,000 | 848,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -373,000 | 0 | -6,000 | 0 | 33,000 | -9,000 | -42,000 | 2,000 | 3,748 | 282 | |||||
| cash flow from financing | 7,865,000 | 13,249,000 | 1,551,000 | -226,000 | -1,082,000 | -2,794,000 | -82,000 | -1,503,328 | -2,339,180 | 8,014,691 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | -430,000 | 502,000 | 15,000 | 0 | 0 | 0 | 0 | -207,000 | 123,000 | -3,162,000 | 3,138,000 | -3,517,316 | 1,591,019 | 2,034,297 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,000,000 | 4,000,000 | 0 |
| change in cash | -430,000 | 502,000 | 15,000 | 0 | 0 | 0 | 0 | -207,000 | 123,000 | -3,162,000 | 3,138,000 | -3,517,316 | 5,591,019 | -1,965,703 | 0 |
metropolitan development services limited Credit Report and Business Information
Metropolitan Development Services Limited Competitor Analysis
Perform a competitor analysis for metropolitan development services limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other large companies, companies in N14 area or any other competitors across 12 key performance metrics.
metropolitan development services limited Ownership
METROPOLITAN DEVELOPMENT SERVICES LIMITED group structure
Metropolitan Development Services Limited has no subsidiary companies.
Ultimate parent company
2 parents
METROPOLITAN DEVELOPMENT SERVICES LIMITED
05623548
metropolitan development services limited directors
Metropolitan Development Services Limited currently has 1 director, Mr Ian Johnson serving since Apr 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Johnson | England | 59 years | Apr 2017 | - | Director |
P&L
March 2024turnover
33.6m
+370%
operating profit
773k
+1004%
gross margin
2.4%
+134.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
394k
+4.71%
total assets
26.7m
+0.69%
cash
87k
-0.83%
net assets
Total assets minus all liabilities
Similar Companies
metropolitan development services limited company details
company number
05623548
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
November 2005
age
20
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
clapham park development limited (March 2018)
stillness 823 limited (February 2006)
accountant
-
auditor
BDO LLP
address
the grange 100 high street, london, N14 6PW
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
metropolitan development services 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 8 charges/mortgages relating to metropolitan development services limited. Currently there are 0 open charges and 8 have been satisfied in the past.
metropolitan development services 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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metropolitan development services limited Companies House Filings - See Documents
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