merchant place developments limited
merchant place developments limited Company Information
Company Number
05974644
Next Accounts
May 2025
Shareholders
michael chicken
cliffe property investments limited
Group Structure
View All
Industry
Buying and selling of own real estate
+1Registered Address
4 newburgh street, london, W1F 7RF
Website
www.merchantdevelopments.commerchant place developments limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHANT PLACE DEVELOPMENTS LIMITED at £2.3m based on a Turnover of £1m and 2.24x industry multiple (adjusted for size and gross margin).
merchant place developments limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHANT PLACE DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-524 and a 4.62x industry multiple (adjusted for size and gross margin).
merchant place developments limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHANT PLACE DEVELOPMENTS LIMITED at £503.6k based on Net Assets of £299.2k and 1.68x industry multiple (adjusted for liquidity).
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Merchant Place Developments Limited Overview
Merchant Place Developments Limited is a live company located in london, W1F 7RF with a Companies House number of 05974644. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2006, it's largest shareholder is michael chicken with a 94.1% stake. Merchant Place Developments Limited is a established, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.
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Merchant Place Developments Limited Health Check
Pomanda's financial health check has awarded Merchant Place Developments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £1m, make it larger than the average company (£841.5k)
- Merchant Place Developments Limited
£841.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2.6%)
- Merchant Place Developments Limited
2.6% - Industry AVG
Production
with a gross margin of 28.2%, this company has a higher cost of product (70.8%)
- Merchant Place Developments Limited
70.8% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (26%)
- Merchant Place Developments Limited
26% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Merchant Place Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.9k, the company has an equivalent pay structure (£32.9k)
- Merchant Place Developments Limited
£32.9k - Industry AVG
Efficiency
resulting in sales per employee of £512.7k, this is more efficient (£182.1k)
- Merchant Place Developments Limited
£182.1k - Industry AVG
Debtor Days
it gets paid by customers after 109 days, this is later than average (29 days)
- Merchant Place Developments Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (34 days)
- Merchant Place Developments Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Merchant Place Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Merchant Place Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.5%, this is a lower level of debt than the average (66.1%)
2.5% - Merchant Place Developments Limited
66.1% - Industry AVG
MERCHANT PLACE DEVELOPMENTS LIMITED financials
Merchant Place Developments Limited's latest turnover from August 2023 is estimated at £1 million and the company has net assets of £299.2 thousand. According to their latest financial statements, we estimate that Merchant Place Developments Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 535,277 | 1,319,767 | 47,503,447 | 22,089,075 | 3,576,551 | 1,219,586 | 920,195 | 550,115 | 614,851 | ||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 496,352 | 1,267,920 | 47,070,435 | 21,860,705 | 3,182,691 | 1,063,095 | 725,222 | 287,057 | 52,021 | ||||||
| Gross Profit | 38,925 | 51,847 | 433,012 | 228,370 | 393,860 | 156,491 | 194,973 | 263,058 | 562,830 | ||||||
| Admin Expenses | 1,015 | 62,455 | 184,227 | 210,188 | 215,297 | 394,589 | 181,927 | 181,583 | 209,009 | 344,988 | |||||
| Operating Profit | -1,015 | -23,530 | -132,380 | 222,824 | 13,073 | -729 | -25,436 | 13,390 | 54,049 | 217,842 | |||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 198 | 66 | 232 | 185 | 100 | 5,530 | 8,446 | 1,782 | 206 | 234 | |||||
| Pre-Tax Profit | -817 | -23,464 | -132,148 | 223,009 | 13,173 | 4,801 | -16,989 | 15,172 | 54,255 | 218,076 | |||||
| Tax | 27,719 | -1,650 | -44,559 | -2,047 | 2,174 | 58 | -3,185 | -17,146 | -46,058 | ||||||
| Profit After Tax | 26,902 | -23,464 | -133,798 | 178,450 | 11,126 | 6,975 | -16,931 | 11,987 | 37,109 | 172,018 | |||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 26,902 | -23,464 | -133,798 | 178,450 | 11,126 | 6,975 | -16,931 | 11,987 | 37,109 | 172,018 | |||||
| Employee Costs | 15,735 | 105,661 | 67,133 | 75,828 | 262,794 | 93,957 | 80,943 | 82,345 | 224,408 | ||||||
| Number Of Employees | 1 | 3 | 2 | 3 | 4 | 5 | 5 | 5 | 2 | ||||||
| EBITDA* | -1,015 | -23,530 | -132,380 | 222,824 | 13,073 | -729 | -25,436 | 13,390 | 54,049 | 217,842 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 48 | 1,120 | 2,684 | 3,950 | |||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 48 | 1,120 | 2,684 | 3,950 | |||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 307,010 | 307,534 | 319,362 | 318,146 | 318,651 | 293,714 | 293,714 | 141,884 | 232,605 | 842,037 | 541,615 | 142,444 | 32,573 | 459,717 | 126,915 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,320 | 8,005 | 1,034 | 1,007 | 1,701 | ||||||||||
| Cash | 5,961 | 3,571 | 157,657 | 256,148 | 207,262 | 515,960 | 330,984 | 520,988 | 87,617 | 300,601 | |||||
| misc current assets | |||||||||||||||
| total current assets | 307,010 | 307,534 | 319,362 | 318,146 | 318,651 | 299,675 | 299,605 | 307,546 | 488,753 | 1,049,299 | 1,058,609 | 474,435 | 555,262 | 547,334 | 427,516 |
| total assets | 307,010 | 307,534 | 319,362 | 318,146 | 318,651 | 299,675 | 299,605 | 307,546 | 488,801 | 1,050,419 | 1,061,293 | 478,385 | 555,262 | 547,334 | 427,516 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 7,800 | 7,800 | 18,960 | 17,101 | 17,100 | 7,800 | 34,845 | 16,800 | 18,367 | 10,744 | 39,156 | 313,626 | 181,236 | ||
| Group/Directors Accounts | 5,995 | 5,995 | 5,995 | 15,995 | 15,995 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 969 | 756 | 3,278 | 49,148 | 801,618 | 812,874 | 208,529 | 120,454 | 218,981 | ||||||
| total current liabilities | 7,800 | 7,800 | 18,960 | 17,101 | 17,100 | 8,769 | 35,601 | 20,078 | 67,515 | 807,613 | 829,613 | 253,680 | 313,626 | 317,685 | 234,976 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 7,800 | 7,800 | 18,960 | 17,101 | 17,100 | 8,769 | 35,601 | 20,078 | 67,515 | 807,613 | 829,613 | 253,680 | 313,626 | 317,685 | 234,976 |
| net assets | 299,210 | 299,734 | 300,402 | 301,045 | 301,551 | 290,906 | 264,004 | 287,468 | 421,286 | 242,806 | 231,680 | 224,705 | 241,636 | 229,649 | 192,540 |
| total shareholders funds | 299,210 | 299,734 | 300,402 | 301,045 | 301,551 | 290,906 | 264,004 | 287,468 | 421,286 | 242,806 | 231,680 | 224,705 | 241,636 | 229,649 | 192,540 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -1,015 | -23,530 | -132,380 | 222,824 | 13,073 | -729 | -25,436 | 13,390 | 54,049 | 217,842 | |||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | 27,719 | -1,650 | -44,559 | -2,047 | 2,174 | 58 | -3,185 | -17,146 | -46,058 | ||||||
| Stock | |||||||||||||||
| Debtors | -524 | -11,828 | 1,216 | -505 | 24,937 | -2,320 | 146,145 | -82,716 | -609,432 | 299,388 | 399,198 | 109,177 | -425,443 | 332,802 | 126,915 |
| Creditors | -11,160 | 1,859 | 1 | 9,300 | -27,045 | 18,045 | -1,567 | 18,367 | -10,744 | -28,412 | -274,470 | 132,390 | 181,236 | ||
| Accruals and Deferred Income | -969 | 213 | -2,522 | -45,870 | -752,470 | -11,256 | 604,345 | 208,529 | -120,454 | -98,527 | 218,981 | ||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 2,192 | -154,152 | -98,751 | 53,594 | 447,584 | -213,190 | 263,850 | ||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -5,995 | 5,995 | -15,995 | 15,995 | |||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 198 | 66 | 232 | 185 | 1,782 | 206 | 234 | ||||||||
| cash flow from financing | 198 | 66 | 212 | -5,780 | -14,213 | 206 | 36,751 | ||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -5,961 | 2,390 | -154,086 | -98,491 | 48,886 | -308,698 | 184,976 | -190,004 | 433,371 | -212,984 | 300,601 | ||||
| overdraft | |||||||||||||||
| change in cash | -5,961 | 2,390 | -154,086 | -98,491 | 48,886 | -308,698 | 184,976 | -190,004 | 433,371 | -212,984 | 300,601 |
merchant place developments limited Credit Report and Business Information
Merchant Place Developments Limited Competitor Analysis
Perform a competitor analysis for merchant place developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in W1F area or any other competitors across 12 key performance metrics.
merchant place developments limited Ownership
MERCHANT PLACE DEVELOPMENTS LIMITED group structure
Merchant Place Developments Limited has 3 subsidiary companies.
Ultimate parent company
MERCHANT PLACE DEVELOPMENTS LIMITED
05974644
3 subsidiaries
merchant place developments limited directors
Merchant Place Developments Limited currently has 2 directors. The longest serving directors include Mr Michael Chicken (Oct 2006) and Ms Sarah Milne (Jun 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Chicken | 64 years | Oct 2006 | - | Director | |
| Ms Sarah Milne | United Kingdom | 33 years | Jun 2024 | - | Director |
P&L
August 2023turnover
1m
+2%
operating profit
-524
0%
gross margin
28.3%
+0.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
299.2k
0%
total assets
307k
0%
cash
0
0%
net assets
Total assets minus all liabilities
merchant place developments limited company details
company number
05974644
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
October 2006
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
4 newburgh street, london, W1F 7RF
Bank
COUTTS & CO
Legal Advisor
-
merchant place developments 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 1 charges/mortgages relating to merchant place developments limited. Currently there are 1 open charges and 0 have been satisfied in the past.
merchant place developments 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.
Click to start generating capital raising & share issue transactions for MERCHANT PLACE DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
merchant place developments limited Companies House Filings - See Documents
| date | description | view/download |
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