mpt reading limited
mpt reading limited Company Information
Company Number
06181961
Next Accounts
Sep 2025
Shareholders
mpt uk holdings limited
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
floor 6 61 curzon street, london, W1J 8PD
Website
secureincomereit.co.ukmpt reading limited Estimated Valuation
Pomanda estimates the enterprise value of MPT READING LIMITED at £8.5m based on a Turnover of £3.4m and 2.51x industry multiple (adjusted for size and gross margin).
mpt reading limited Estimated Valuation
Pomanda estimates the enterprise value of MPT READING LIMITED at £11.8m based on an EBITDA of £2.4m and a 4.9x industry multiple (adjusted for size and gross margin).
mpt reading limited Estimated Valuation
Pomanda estimates the enterprise value of MPT READING LIMITED at £50m based on Net Assets of £28.6m and 1.75x industry multiple (adjusted for liquidity).
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Mpt Reading Limited Overview
Mpt Reading Limited is a live company located in london, W1J 8PD with a Companies House number of 06181961. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2007, it's largest shareholder is mpt uk holdings limited with a 100% stake. Mpt Reading Limited is a established, small sized company, Pomanda has estimated its turnover at £3.4m with low growth in recent years.
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Mpt Reading Limited Health Check
Pomanda's financial health check has awarded Mpt Reading Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
2 Weak
Size
annual sales of £3.4m, make it larger than the average company (£1.1m)
£3.4m - Mpt Reading Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (3.6%)
3% - Mpt Reading Limited
3.6% - Industry AVG
Production
with a gross margin of 26.7%, this company has a higher cost of product (70.8%)
26.7% - Mpt Reading Limited
70.8% - Industry AVG
Profitability
an operating margin of 70.8% make it more profitable than the average company (21.7%)
70.8% - Mpt Reading Limited
21.7% - Industry AVG
Employees
with 7 employees, this is above the industry average (4)
- Mpt Reading Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Mpt Reading Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £487.1k, this is more efficient (£202.5k)
- Mpt Reading Limited
£202.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mpt Reading Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mpt Reading Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mpt Reading Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 46 weeks, this is more cash available to meet short term requirements (10 weeks)
46 weeks - Mpt Reading Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.2%, this is a lower level of debt than the average (71.4%)
58.2% - Mpt Reading Limited
71.4% - Industry AVG
MPT READING LIMITED financials
Mpt Reading Limited's latest turnover from December 2023 is £3.4 million and the company has net assets of £28.6 million. According to their latest financial statements, we estimate that Mpt Reading Limited has 7 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,410,000 | 3,332,000 | 3,228,000 | 3,141,000 | 3,058,000 | 2,978,000 | 2,898,000 | 2,821,000 | 2,744,000 | 2,016,050 | 2,617,431 | 2,547,377 | 2,479,201 | 2,412,847 | 2,348,270 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 4,000 | 6,000 | 1,000 | 1,000 | 1,000 | 1,000 | 484 | 630 | 630 | 630 | 617 | 604 | |||
| Gross Profit | 3,228,000 | 3,137,000 | 3,052,000 | 2,977,000 | 2,897,000 | 2,820,000 | 2,743,000 | 2,015,566 | 2,616,801 | 2,546,747 | 2,478,571 | 2,412,230 | 2,347,666 | ||
| Admin Expenses | -5,363,000 | -1,569,000 | -15,753,000 | -849,000 | -440,000 | -2,254,000 | -1,673,000 | -3,284,050 | 15 | 15 | 15 | ||||
| Operating Profit | 8,591,000 | 4,706,000 | 18,805,000 | 3,826,000 | 3,337,000 | 5,074,000 | 4,416,000 | 5,299,616 | 2,616,801 | 2,546,747 | 2,478,556 | 2,412,215 | 2,347,651 | ||
| Interest Payable | 1,761,000 | 1,761,000 | 1,761,000 | 1,761,000 | 1,437,000 | 1,301,000 | 1,360,000 | 1,445,000 | 1,555,000 | 1,852,700 | 1,646,269 | 1,660,090 | 2,499,948 | 2,493,118 | 2,493,118 |
| Interest Receivable | 670,947 | 509,279 | 355,556 | ||||||||||||
| Pre-Tax Profit | -2,467,000 | -1,565,000 | 6,830,000 | 2,945,000 | 17,368,000 | 2,525,000 | 1,977,000 | 3,629,000 | 2,861,000 | 3,446,916 | 970,532 | 886,657 | 649,555 | 428,376 | 210,089 |
| Tax | 662,000 | 149,000 | -2,068,000 | -894,000 | -259,000 | 2,936,271 | -33,400 | -11,740 | -683 | 71,783 | |||||
| Profit After Tax | -1,805,000 | -1,416,000 | 4,762,000 | 2,051,000 | 17,109,000 | 2,525,000 | 1,977,000 | 3,629,000 | 2,861,000 | 6,383,187 | 937,132 | 874,917 | 648,872 | 500,159 | 210,089 |
| Dividends Paid | 1,191,000 | 2,590,000 | 6,287,000 | ||||||||||||
| Retained Profit | -2,996,000 | -4,006,000 | 4,762,000 | 2,051,000 | 10,822,000 | 2,525,000 | 1,977,000 | 3,629,000 | 2,861,000 | 6,383,187 | 937,132 | 874,917 | 648,872 | 500,159 | 210,089 |
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 3 | |||||||||||||
| EBITDA* | 8,591,000 | 4,706,000 | 18,805,000 | 3,826,000 | 3,337,000 | 5,074,000 | 4,416,000 | 5,299,616 | 2,616,801 | 2,546,747 | 2,478,556 | 2,412,215 | 2,347,651 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 67,000,000 | 71,100,000 | 74,200,000 | 68,800,000 | 67,200,000 | 51,165,000 | 49,795,000 | 48,462,000 | 45,531,000 | 43,611,000 | 39,200,000 | 41,324,000 | 40,220,000 | 39,140,000 | 38,107,000 |
| Debtors (Due After 1 year) | 1 | 25,961 | 59,361 | 13,687,089 | 10,522,660 | 7,514,195 | |||||||||
| Total Fixed Assets | 67,000,000 | 71,100,000 | 74,200,000 | 68,800,000 | 67,200,000 | 51,165,000 | 49,795,000 | 48,462,000 | 45,531,000 | 43,611,001 | 39,225,961 | 41,383,361 | 53,907,089 | 49,662,660 | 45,621,195 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | |||||||||||||||
| Group Debtors | 8,000 | ||||||||||||||
| Misc Debtors | 6,000 | 148 | 145 | 145 | 145 | 146 | 142 | ||||||||
| Cash | 1,525,000 | 1,405,000 | 2,953,000 | 2,118,000 | 1,483,000 | ||||||||||
| misc current assets | |||||||||||||||
| total current assets | 1,533,000 | 1,405,000 | 2,953,000 | 2,124,000 | 1,483,000 | 148 | 145 | 145 | 145 | 146 | 142 | ||||
| total assets | 68,533,000 | 72,505,000 | 77,153,000 | 70,924,000 | 68,683,000 | 51,165,000 | 49,795,000 | 48,462,000 | 45,531,000 | 43,611,149 | 39,226,106 | 41,383,506 | 53,907,234 | 49,662,806 | 45,621,337 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | |||||||||||||||
| Group/Directors Accounts | 744,000 | 765,000 | 763,000 | 761,000 | 676,000 | 32,328,000 | 33,089,000 | 33,912,000 | 35,027,000 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 974,000 | 896,000 | 765,000 | 760,000 | 959,000 | 849,000 | 1,243,000 | 1,064,000 | 647,000 | 621,521 | 615,755 | 599,274 | 583,235 | 567,626 | 552,434 |
| total current liabilities | 1,718,000 | 1,661,000 | 1,528,000 | 1,521,000 | 1,635,000 | 33,177,000 | 34,332,000 | 34,976,000 | 35,674,000 | 621,521 | 615,755 | 599,274 | 583,235 | 567,626 | 552,434 |
| loans | 38,195,000 | 38,195,000 | 38,195,000 | 38,195,000 | 38,195,000 | 35,993,819 | 35,035,498 | 36,022,511 | 50,541,195 | 48,041,248 | 45,548,130 | ||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 1,033,000 | 1,808,000 | 348,000 | 44,000 | |||||||||||
| total long term liabilities | 38,195,000 | 39,228,000 | 40,003,000 | 38,543,000 | 38,239,000 | 35,993,819 | 35,035,498 | 36,022,511 | 50,541,195 | 48,041,248 | 45,548,130 | ||||
| total liabilities | 39,913,000 | 40,889,000 | 41,531,000 | 40,064,000 | 39,874,000 | 33,177,000 | 34,332,000 | 34,976,000 | 35,674,000 | 36,615,340 | 35,651,253 | 36,621,785 | 51,124,430 | 48,608,874 | 46,100,564 |
| net assets | 28,620,000 | 31,616,000 | 35,622,000 | 30,860,000 | 28,809,000 | 17,988,000 | 15,463,000 | 13,486,000 | 9,857,000 | 6,995,809 | 3,574,853 | 4,761,721 | 2,782,804 | 1,053,932 | -479,227 |
| total shareholders funds | 28,620,000 | 31,616,000 | 35,622,000 | 30,860,000 | 28,809,000 | 17,988,000 | 15,463,000 | 13,486,000 | 9,857,000 | 6,995,809 | 3,574,853 | 4,761,721 | 2,782,804 | 1,053,932 | -479,227 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 8,591,000 | 4,706,000 | 18,805,000 | 3,826,000 | 3,337,000 | 5,074,000 | 4,416,000 | 5,299,616 | 2,616,801 | 2,546,747 | 2,478,556 | 2,412,215 | 2,347,651 | ||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | 662,000 | 149,000 | -2,068,000 | -894,000 | -259,000 | 2,936,271 | -33,400 | -11,740 | -683 | 71,783 | |||||
| Stock | |||||||||||||||
| Debtors | 8,000 | -6,000 | 6,000 | -149 | -59,357 | -33,400 | -13,627,728 | 3,164,428 | 3,008,469 | 7,514,337 | |||||
| Creditors | |||||||||||||||
| Accruals and Deferred Income | 78,000 | 131,000 | 5,000 | -199,000 | 110,000 | -394,000 | 179,000 | 417,000 | 25,479 | 22,247 | 16,481 | 16,039 | 15,609 | 15,192 | 552,434 |
| Deferred Taxes & Provisions | -1,033,000 | -775,000 | 1,460,000 | 304,000 | 44,000 | ||||||||||
| Cash flow from operations | 7,994,000 | 3,911,000 | 18,700,000 | 3,432,000 | 3,516,000 | 5,491,000 | 4,441,628 | 8,317,491 | 2,633,282 | 16,178,774 | -670,946 | -509,279 | -4,614,252 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -4,100,000 | -3,100,000 | 5,400,000 | 1,600,000 | 16,035,000 | 1,370,000 | 1,333,000 | 2,931,000 | 1,920,000 | 2,287,000 | -2,124,000 | 1,104,000 | 1,080,000 | 1,033,000 | 38,107,000 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -21,000 | 2,000 | 2,000 | 85,000 | -31,652,000 | -761,000 | -823,000 | -1,115,000 | 35,027,000 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 38,195,000 | -35,993,819 | -28,692 | -987,013 | -14,518,684 | 2,499,947 | 2,493,118 | 45,548,130 | |||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -1,761,000 | -1,761,000 | -1,761,000 | -1,761,000 | -1,437,000 | -1,301,000 | -1,360,000 | -1,445,000 | -1,555,000 | -1,852,700 | -1,646,269 | -1,660,090 | -1,829,001 | -1,983,839 | -2,137,562 |
| cash flow from financing | -1,782,000 | -1,759,000 | -1,759,000 | -1,676,000 | 5,105,000 | -2,062,000 | -2,183,000 | -2,560,000 | -2,521,628 | -6,030,491 | -4,757,282 | -15,074,774 | 1,750,946 | 1,542,279 | 42,721,252 |
| cash and cash equivalents | |||||||||||||||
| cash | 120,000 | -1,548,000 | 835,000 | 635,000 | 1,483,000 | ||||||||||
| overdraft | |||||||||||||||
| change in cash | 120,000 | -1,548,000 | 835,000 | 635,000 | 1,483,000 |
mpt reading limited Credit Report and Business Information
Mpt Reading Limited Competitor Analysis
Perform a competitor analysis for mpt reading limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in W1J area or any other competitors across 12 key performance metrics.
mpt reading limited Ownership
MPT READING LIMITED group structure
Mpt Reading Limited has no subsidiary companies.
mpt reading limited directors
Mpt Reading Limited currently has 6 directors. The longest serving directors include Mr James Hanna (Sep 2019) and Mr James Hanna (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Hanna | United Kingdom | 52 years | Sep 2019 | - | Director |
| Mr James Hanna | United Kingdom | 52 years | Sep 2019 | - | Director |
| Ms Stephanie Hamner | United Kingdom | 32 years | Dec 2021 | - | Director |
| Ms Katie Williams | United Kingdom | 37 years | Dec 2021 | - | Director |
| Mr Conor Odonnell | United Kingdom | 34 years | Jul 2024 | - | Director |
| Mr Charles Salmon | United Kingdom | 33 years | Jul 2024 | - | Director |
P&L
December 2023turnover
3.4m
+2%
operating profit
2.4m
0%
gross margin
26.8%
+8.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
28.6m
-0.09%
total assets
68.5m
-0.05%
cash
1.5m
+0.09%
net assets
Total assets minus all liabilities
mpt reading limited company details
company number
06181961
Type
Private limited with Share Capital
industry
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
March 2007
age
18
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
sir reading limited (August 2019)
p1 reading limited (September 2014)
accountant
-
auditor
-
address
floor 6 61 curzon street, london, W1J 8PD
Bank
-
Legal Advisor
-
mpt reading 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 2 charges/mortgages relating to mpt reading limited. Currently there are 0 open charges and 2 have been satisfied in the past.
mpt reading 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 MPT READING LIMITED. This can take several minutes, an email will notify you when this has completed.
mpt reading limited Companies House Filings - See Documents
| date | description | view/download |
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