midland housing ltd Company Information
Company Number
05989494
Next Accounts
Aug 2025
Industry
Management of real estate on a fee or contract basis
Directors
Shareholders
qayum alam
maqbool alam
View AllGroup Structure
View All
Contact
Registered Address
81 stoney lane, sparkbrook, birmingham, B12 8EQ
Website
www.midlandhousing.co.ukmidland housing ltd Estimated Valuation
Pomanda estimates the enterprise value of MIDLAND HOUSING LTD at £3.8m based on a Turnover of £1.6m and 2.3x industry multiple (adjusted for size and gross margin).
midland housing ltd Estimated Valuation
Pomanda estimates the enterprise value of MIDLAND HOUSING LTD at £93.4k based on an EBITDA of £11.6k and a 8.07x industry multiple (adjusted for size and gross margin).
midland housing ltd Estimated Valuation
Pomanda estimates the enterprise value of MIDLAND HOUSING LTD at £165.1k based on Net Assets of £101.9k and 1.62x industry multiple (adjusted for liquidity).
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Midland Housing Ltd Overview
Midland Housing Ltd is a live company located in birmingham, B12 8EQ with a Companies House number of 05989494. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in November 2006, it's largest shareholder is qayum alam with a 40% stake. Midland Housing Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.
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Midland Housing Ltd Health Check
Pomanda's financial health check has awarded Midland Housing Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
2 Weak
Size
annual sales of £1.6m, make it larger than the average company (£1.1m)
- Midland Housing Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (4.5%)
- Midland Housing Ltd
4.5% - Industry AVG
Production
with a gross margin of 45.5%, this company has a comparable cost of product (45.5%)
- Midland Housing Ltd
45.5% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (8%)
- Midland Housing Ltd
8% - Industry AVG
Employees
with 14 employees, this is above the industry average (10)
14 - Midland Housing Ltd
10 - Industry AVG
Pay Structure
on an average salary of £42.4k, the company has an equivalent pay structure (£42.4k)
- Midland Housing Ltd
£42.4k - Industry AVG
Efficiency
resulting in sales per employee of £116.8k, this is equally as efficient (£104.8k)
- Midland Housing Ltd
£104.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Midland Housing Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 110 days, this is slower than average (30 days)
- Midland Housing Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Midland Housing Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 58 weeks, this is more cash available to meet short term requirements (22 weeks)
58 weeks - Midland Housing Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.1%, this is a similar level of debt than the average (80.1%)
77.1% - Midland Housing Ltd
80.1% - Industry AVG
MIDLAND HOUSING LTD financials
Midland Housing Ltd's latest turnover from November 2023 is estimated at £1.6 million and the company has net assets of £101.9 thousand. According to their latest financial statements, Midland Housing Ltd has 14 employees and maintains cash reserves of £387.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 3,577,840 | 2,933,031 | 1,094,892 | 567,198 | |||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | 0 | 0 | |||||||||||||
Interest Receivable | 0 | 0 | |||||||||||||
Pre-Tax Profit | 5,483 | 4,805 | |||||||||||||
Tax | -1,199 | -1,087 | |||||||||||||
Profit After Tax | 4,284 | 3,718 | |||||||||||||
Dividends Paid | 0 | 0 | |||||||||||||
Retained Profit | 4,284 | 3,718 | |||||||||||||
Employee Costs | 160,306 | 141,622 | |||||||||||||
Number Of Employees | 14 | 21 | 12 | 11 | 12 | ||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 57,120 | 57,722 | 58,391 | 59,134 | 10,005 | 10,923 | 11,712 | 12,698 | 0 | 14,926 | 16,390 | 18,017 | 19,825 | 21,833 | 24,065 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,755 | 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 | 57,120 | 57,722 | 58,391 | 59,134 | 10,005 | 10,923 | 11,712 | 12,698 | 13,755 | 14,926 | 16,390 | 18,017 | 19,825 | 21,833 | 24,065 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 3,815 | 0 | 29,202 | 0 | 15,256 | 14,864 | 16,118 | 23,172 | 32,786 | 27,845 | 23,597 | 19,613 | 25,959 | 15,338 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 245,715 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 526 | 0 |
Cash | 387,124 | 419,012 | 382,099 | 391,009 | 82,486 | 12,229 | 37,371 | 29,681 | 29,183 | 21,386 | 10,575 | 7,266 | 82,852 | 49,429 | 40,372 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 284,262 | 250,278 | 238,756 | 209,184 | 174,921 | 134,587 | 155,876 | 0 | 0 | 0 |
total current assets | 387,124 | 422,827 | 382,099 | 420,211 | 328,201 | 311,747 | 302,513 | 284,555 | 261,539 | 229,093 | 173,007 | 186,739 | 102,465 | 75,914 | 55,710 |
total assets | 444,244 | 480,549 | 440,490 | 479,345 | 338,206 | 322,670 | 314,225 | 297,253 | 275,294 | 244,019 | 189,397 | 204,756 | 122,290 | 97,747 | 79,775 |
Bank overdraft | 0 | 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 | 0 |
Trade Creditors | 270,837 | 326,695 | 295,927 | 340,817 | 254,293 | 242,164 | 236,031 | 234,743 | 255,556 | 217,562 | 174,111 | 184,203 | 94,059 | 34,933 | 74,811 |
Group/Directors Accounts | 42,778 | 45,119 | 26,410 | 26,665 | 38,110 | 38,755 | 38,755 | 38,755 | 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 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 28,733 | 23,998 | 25,235 | 12,668 | 1,481 | 1,147 | 2,934 | 114 | 0 | 0 | 0 | 0 | 0 | 46,603 | 0 |
total current liabilities | 342,348 | 395,812 | 347,572 | 380,150 | 293,884 | 282,066 | 277,720 | 273,612 | 255,556 | 217,562 | 174,111 | 184,203 | 94,059 | 81,536 | 74,811 |
loans | 0 | 6,657 | 34,315 | 50,000 | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 589 | 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 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 6,657 | 34,315 | 50,589 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 342,348 | 402,469 | 381,887 | 430,739 | 293,884 | 282,066 | 277,720 | 273,612 | 255,556 | 217,562 | 174,111 | 184,203 | 94,059 | 81,536 | 74,811 |
net assets | 101,896 | 78,080 | 58,603 | 48,606 | 44,322 | 40,604 | 36,505 | 23,641 | 19,738 | 26,457 | 15,286 | 20,553 | 28,231 | 16,211 | 4,964 |
total shareholders funds | 101,896 | 78,080 | 58,603 | 48,606 | 44,322 | 40,604 | 36,505 | 23,641 | 19,738 | 26,457 | 15,286 | 20,553 | 28,231 | 16,211 | 4,964 |
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 602 | 669 | 0 | 826 | 0 | 789 | 986 | 0 | 1,171 | 1,464 | 1,627 | 1,808 | 2,008 | 2,232 | 2,480 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,057 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -1,199 | -1,087 | |||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -3,815 | 3,815 | -29,202 | -216,513 | 230,459 | 392 | -1,254 | -7,054 | -9,614 | 4,941 | 4,248 | 3,984 | -6,872 | 11,147 | 15,338 |
Creditors | -55,858 | 30,768 | -44,890 | 86,524 | 12,129 | 6,133 | 1,288 | -20,813 | 37,994 | 43,451 | -10,092 | 90,144 | 59,126 | -39,878 | 74,811 |
Accruals and Deferred Income | 4,735 | -1,237 | 11,978 | 11,776 | 334 | -1,787 | 2,820 | 114 | 0 | 0 | 0 | 0 | -46,603 | 46,603 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 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 | -2,341 | 18,709 | -255 | -11,445 | -645 | 0 | 0 | 38,755 | 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 | 0 |
Long term loans | -6,657 | -27,658 | -15,685 | 50,000 | 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 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 0 | 0 | |||||||||||||
cash flow from financing | 38,555 | -645 | |||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -31,888 | 36,913 | -8,910 | 308,523 | 70,257 | -25,142 | 7,690 | 498 | 7,797 | 10,811 | 3,309 | -75,586 | 33,423 | 9,057 | 40,372 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -31,888 | 36,913 | -8,910 | 308,523 | 70,257 | -25,142 | 7,690 | 498 | 7,797 | 10,811 | 3,309 | -75,586 | 33,423 | 9,057 | 40,372 |
midland housing ltd Credit Report and Business Information
Midland Housing Ltd Competitor Analysis
Perform a competitor analysis for midland housing ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in B12 area or any other competitors across 12 key performance metrics.
midland housing ltd Ownership
MIDLAND HOUSING LTD group structure
Midland Housing Ltd has no subsidiary companies.
Ultimate parent company
MIDLAND HOUSING LTD
05989494
midland housing ltd directors
Midland Housing Ltd currently has 1 director, Mr Qayum Alam serving since Nov 2006.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Qayum Alam | England | 44 years | Nov 2006 | - | Director |
P&L
November 2023turnover
1.6m
+49%
operating profit
11k
0%
gross margin
45.5%
-2.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
101.9k
+0.31%
total assets
444.2k
-0.08%
cash
387.1k
-0.08%
net assets
Total assets minus all liabilities
midland housing ltd company details
company number
05989494
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
November 2006
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
81 stoney lane, sparkbrook, birmingham, B12 8EQ
Bank
-
Legal Advisor
-
midland housing 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 1 charges/mortgages relating to midland housing ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
midland housing ltd Companies House Filings - See Documents
date | description | view/download |
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