mardan europe (no.17) limited
mardan europe (no.17) limited Company Information
Company Number
06362642
Next Accounts
Mar 2025
Industry
Buying and selling of own real estate
Shareholders
tannen group ltd
Group Structure
View All
Contact
Registered Address
sutherland house, 70-78 west hendon broadway, hendon, london, NW9 7BT
Website
-mardan europe (no.17) limited Estimated Valuation
Pomanda estimates the enterprise value of MARDAN EUROPE (NO.17) LIMITED at £593.7k based on a Turnover of £184.9k and 3.21x industry multiple (adjusted for size and gross margin).
mardan europe (no.17) limited Estimated Valuation
Pomanda estimates the enterprise value of MARDAN EUROPE (NO.17) LIMITED at £1.2m based on an EBITDA of £160.2k and a 7.32x industry multiple (adjusted for size and gross margin).
mardan europe (no.17) limited Estimated Valuation
Pomanda estimates the enterprise value of MARDAN EUROPE (NO.17) LIMITED at £2.9m based on Net Assets of £1.8m and 1.61x industry multiple (adjusted for liquidity).
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Mardan Europe (no.17) Limited Overview
Mardan Europe (no.17) Limited is a live company located in hendon, NW9 7BT with a Companies House number of 06362642. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in September 2007, it's largest shareholder is tannen group ltd with a 100% stake. Mardan Europe (no.17) Limited is a established, micro sized company, Pomanda has estimated its turnover at £184.9k with low growth in recent years.
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Mardan Europe (no.17) Limited Health Check
Pomanda's financial health check has awarded Mardan Europe (No.17) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
3 Weak
Size
annual sales of £184.9k, make it smaller than the average company (£824.8k)
£184.9k - Mardan Europe (no.17) Limited
£824.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (2.3%)
2% - Mardan Europe (no.17) Limited
2.3% - Industry AVG
Production
with a gross margin of 95.5%, this company has a lower cost of product (71.4%)
95.5% - Mardan Europe (no.17) Limited
71.4% - Industry AVG
Profitability
an operating margin of 86.6% make it more profitable than the average company (29.8%)
86.6% - Mardan Europe (no.17) Limited
29.8% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Mardan Europe (no.17) Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Mardan Europe (no.17) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £46.2k, this is less efficient (£189.8k)
£46.2k - Mardan Europe (no.17) Limited
£189.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mardan Europe (no.17) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mardan Europe (no.17) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mardan Europe (no.17) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mardan Europe (no.17) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.7%, this is a lower level of debt than the average (62.4%)
51.7% - Mardan Europe (no.17) Limited
62.4% - Industry AVG
MARDAN EUROPE (NO.17) LIMITED financials
Mardan Europe (No.17) Limited's latest turnover from June 2023 is £184.9 thousand and the company has net assets of £1.8 million. According to their latest financial statements, Mardan Europe (No.17) Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 184,919 | 184,387 | 185,804 | 176,831 | 171,262 | 172,303 | 166,224 | 139,858 | 95,399 | 110,465 | 115,737 | 136,673 | 47,838 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 8,245 | 54,694 | 31,888 | 34,085 | 50,082 | 127,362 | 43,728 | 57,913 | 58,370 | 46,489 | 21,349 | 37,037 | 9,363 | |
| Gross Profit | 176,674 | 129,693 | 153,916 | 142,745 | 121,180 | 44,942 | 122,496 | 81,945 | 37,029 | 63,976 | 94,388 | 99,636 | 38,475 | |
| Admin Expenses | 16,505 | 15,644 | 20,579 | 9,732 | -314,125 | -48,628 | 20,169 | 16,316 | 19,975 | 18,521 | 26,574 | 23,252 | 4,937 | |
| Operating Profit | 160,169 | 114,049 | 133,337 | 133,013 | 435,305 | 93,570 | 102,327 | 65,629 | 17,054 | 45,455 | 67,814 | 76,384 | 33,538 | |
| Interest Payable | 35,869 | 36,582 | 38,635 | 66,891 | 25,107 | 26,438 | 25,738 | 55,752 | 61,361 | 54,308 | 54,178 | 64,834 | 24,788 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 124,300 | 77,466 | 94,702 | 66,121 | 410,198 | 67,132 | 76,589 | 9,878 | -44,307 | -8,854 | 13,636 | 11,550 | 8,750 | |
| Tax | -31,867 | 0 | 0 | 0 | -61,433 | -12,767 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | 92,433 | 77,466 | 94,702 | 66,121 | 348,765 | 54,366 | 76,589 | 9,878 | -44,307 | -8,854 | 13,636 | 11,550 | 8,750 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 92,433 | 77,466 | 94,702 | 66,121 | 348,765 | 54,366 | 76,589 | 9,878 | -44,307 | -8,854 | 13,636 | 11,550 | 8,750 | |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Number Of Employees | 4 | 4 | 4 | 4 | 4 | 4 | ||||||||
| EBITDA* | 160,169 | 114,049 | 133,337 | 133,013 | 435,305 | 93,570 | 102,327 | 65,629 | 17,054 | 45,455 | 67,814 | 76,384 | 33,538 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2,776,117 | 2,776,117 | 2,879,882 | 2,726,668 | 2,815,401 | 2,593,068 | 2,282,386 | 2,303,429 | 2,258,691 | 2,065,393 | 1,922,614 | 2,173,873 | 2,230,891 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,776,117 | 2,776,117 | 2,879,882 | 2,726,668 | 2,815,401 | 2,593,068 | 2,282,386 | 2,303,429 | 2,258,691 | 2,065,393 | 1,922,614 | 2,173,873 | 2,230,891 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 56,880 | 16,198 | 102,373 | 36,598 | 10,371 | 0 | 0 | 0 | 26,196 | 0 |
| Group Debtors | 743,273 | 773,078 | 678,435 | 611,198 | 93,179 | 67,266 | 0 | 6,759 | 0 | 0 | 0 | 27,560 | 0 | 0 |
| Misc Debtors | 219,447 | 120,423 | 189,273 | 149,263 | 0 | 0 | 0 | 1,471 | 5,700 | 13,181 | 15,010 | 12,572 | 16,342 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 136,591 | 72,033 | 23,162 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 962,721 | 893,502 | 867,710 | 760,462 | 150,059 | 86,212 | 102,373 | 44,829 | 152,662 | 85,215 | 38,173 | 40,133 | 42,538 | 0 |
| total assets | 3,738,837 | 3,669,619 | 3,747,592 | 3,487,130 | 2,965,460 | 2,679,280 | 2,384,759 | 2,348,259 | 2,411,354 | 2,150,608 | 1,960,786 | 2,214,007 | 2,273,429 | 0 |
| Bank overdraft | 0 | 0 | 1 | 0 | 1 | 881 | 1 | 1 | 0 | 21,423 | 20,696 | 22,399 | 20,123 | 0 |
| Bank loan | 38,885 | 38,885 | 40,069 | 37,907 | 21,590 | 21,552 | 21,552 | 21,945 | 1,302,402 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 228,027 | 79,497 | 6,881 | 0 | 4,725 | 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 | 5,016 | 23,453 | 13,226 | 5,954 | 3,108 | 4,806 | 6,253 | 6,571 | 1 | 12,695 | 8,849 | 9,598 | 0 | 0 |
| total current liabilities | 43,902 | 62,339 | 53,296 | 43,862 | 24,699 | 27,436 | 27,806 | 28,517 | 1,530,431 | 113,616 | 36,426 | 31,997 | 24,848 | 0 |
| loans | 1,755,099 | 1,791,744 | 1,903,292 | 1,838,499 | 1,347,588 | 1,366,822 | 1,388,374 | 1,411,491 | 0 | 1,190,943 | 1,128,555 | 1,297,622 | 1,352,851 | 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 | 132,781 | 100,913 | 103,987 | 98,376 | 101,862 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,887,881 | 1,892,658 | 2,007,280 | 1,936,876 | 1,449,451 | 1,464,669 | 1,388,375 | 1,411,492 | 0 | 1,190,943 | 1,128,556 | 1,297,623 | 1,352,851 | 0 |
| total liabilities | 1,931,783 | 1,954,997 | 2,060,577 | 1,980,738 | 1,474,150 | 1,492,105 | 1,416,181 | 1,440,009 | 1,530,431 | 1,304,559 | 1,164,982 | 1,329,620 | 1,377,699 | 0 |
| net assets | 1,807,055 | 1,714,622 | 1,687,015 | 1,506,393 | 1,491,311 | 1,187,174 | 968,578 | 908,250 | 880,923 | 846,050 | 795,805 | 884,387 | 895,730 | 0 |
| total shareholders funds | 1,807,055 | 1,714,622 | 1,687,015 | 1,506,393 | 1,491,311 | 1,187,174 | 968,578 | 908,250 | 880,923 | 846,050 | 795,805 | 884,387 | 895,730 | 0 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 160,169 | 114,049 | 133,337 | 133,013 | 435,305 | 93,570 | 102,327 | 65,629 | 17,054 | 45,455 | 67,814 | 76,384 | 33,538 | |
| 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 | -31,867 | 0 | 0 | 0 | -61,433 | -12,767 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 69,218 | 25,793 | 107,247 | 610,403 | 67,231 | -19,545 | 57,544 | 28,758 | 2,890 | -1,829 | -25,123 | -2,404 | 42,537 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -18,437 | 10,227 | 7,272 | 2,846 | -1,698 | -1,447 | -318 | 6,570 | -12,694 | 3,846 | -749 | 9,598 | 0 | 0 |
| Deferred Taxes & Provisions | 31,868 | -3,074 | 5,611 | -3,486 | 101,862 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 72,515 | 95,409 | 38,973 | -478,030 | 406,805 | 98,901 | 44,465 | 43,441 | 1,470 | 51,130 | 92,188 | 88,386 | -8,999 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | -103,765 | 153,214 | -88,733 | 222,333 | 310,682 | -21,043 | 44,738 | 193,298 | 142,780 | -251,260 | -57,018 | 2,230,891 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | -1,184 | 2,162 | 16,317 | 38 | 0 | -393 | -1,280,457 | 1,302,402 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -228,027 | 148,530 | 72,616 | 6,881 | -4,725 | 4,725 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -36,645 | -111,548 | 64,793 | 490,911 | -19,234 | -21,552 | -23,117 | 1,411,491 | -1,190,943 | 62,388 | -169,067 | -55,229 | 1,352,851 | 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 | -35,869 | -36,582 | -38,635 | -66,891 | -25,107 | -26,438 | -25,738 | -55,752 | -61,361 | -54,308 | -54,178 | -64,834 | -24,788 | |
| cash flow from financing | -72,514 | -199,173 | 114,241 | 389,298 | -88,932 | 116,240 | -65,509 | -135,296 | 277,808 | 139,795 | -318,582 | -147,681 | 2,219,768 | |
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -136,591 | 64,558 | 48,871 | 23,162 | 0 | 0 | 0 |
| overdraft | 0 | -1 | 1 | -1 | -880 | 880 | 0 | 1 | -21,423 | 727 | -1,703 | 2,276 | 20,123 | 0 |
| change in cash | 0 | 1 | -1 | 1 | 880 | -880 | 0 | -136,592 | 85,981 | 48,144 | 24,865 | -2,276 | -20,123 | 0 |
mardan europe (no.17) limited Credit Report and Business Information
Mardan Europe (no.17) Limited Competitor Analysis
Perform a competitor analysis for mardan europe (no.17) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NW9 area or any other competitors across 12 key performance metrics.
mardan europe (no.17) limited Ownership
MARDAN EUROPE (NO.17) LIMITED group structure
Mardan Europe (No.17) Limited has no subsidiary companies.
Ultimate parent company
1 parent
MARDAN EUROPE (NO.17) LIMITED
06362642
mardan europe (no.17) limited directors
Mardan Europe (No.17) Limited currently has 4 directors. The longest serving directors include Mr Daniel Tannen (Sep 2007) and Mr Jonathan Miller (Sep 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Tannen | England | 67 years | Sep 2007 | - | Director |
| Mr Jonathan Miller | 60 years | Sep 2007 | - | Director | |
| Mr David Tannen | 95 years | Sep 2007 | - | Director | |
| Mr Martin Tannen | England | 69 years | Sep 2007 | - | Director |
P&L
June 2023turnover
184.9k
0%
operating profit
160.2k
+40%
gross margin
95.6%
+35.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.8m
+0.05%
total assets
3.7m
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
mardan europe (no.17) limited company details
company number
06362642
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
September 2007
age
17
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
sutherland house, 70-78 west hendon broadway, hendon, london, NW9 7BT
Bank
-
Legal Advisor
-
mardan europe (no.17) 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 7 charges/mortgages relating to mardan europe (no.17) limited. Currently there are 7 open charges and 0 have been satisfied in the past.
mardan europe (no.17) 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 MARDAN EUROPE (NO.17) LIMITED. This can take several minutes, an email will notify you when this has completed.
mardan europe (no.17) limited Companies House Filings - See Documents
| date | description | view/download |
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