millage ltd
millage ltd Company Information
Company Number
06517442
Website
-Registered Address
6 grosvenor way, london, E5 9ND
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Joseph Teitelbaum16 Years
Shareholders
ester teitelbaum 100%
millage ltd Estimated Valuation
Pomanda estimates the enterprise value of MILLAGE LTD at £15.5m based on a Turnover of £6m and 2.59x industry multiple (adjusted for size and gross margin).
millage ltd Estimated Valuation
Pomanda estimates the enterprise value of MILLAGE LTD at £10.9k based on an EBITDA of £1.8k and a 5.91x industry multiple (adjusted for size and gross margin).
millage ltd Estimated Valuation
Pomanda estimates the enterprise value of MILLAGE LTD at £0 based on Net Assets of £-19.2k and 1.62x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Millage Ltd Overview
Millage Ltd is a live company located in london, E5 9ND with a Companies House number of 06517442. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2008, it's largest shareholder is ester teitelbaum with a 100% stake. Millage Ltd is a established, mid sized company, Pomanda has estimated its turnover at £6m with rapid growth in recent years.
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Millage Ltd Health Check
Pomanda's financial health check has awarded Millage Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £6m, make it larger than the average company (£799k)
- Millage Ltd
£799k - Industry AVG
Growth
3 year (CAGR) sales growth of 79%, show it is growing at a faster rate (1.9%)
- Millage Ltd
1.9% - Industry AVG
Production
with a gross margin of 33.2%, this company has a higher cost of product (75%)
- Millage Ltd
75% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (36.8%)
- Millage Ltd
36.8% - Industry AVG
Employees
with 15 employees, this is above the industry average (4)
- Millage Ltd
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Millage Ltd
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £400.2k, this is more efficient (£169k)
- Millage Ltd
£169k - Industry AVG
Debtor Days
it gets paid by customers after 94 days, this is later than average (31 days)
- Millage Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 143 days, this is slower than average (37 days)
- Millage Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Millage Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Millage Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.2%, this is a higher level of debt than the average (63.1%)
101.2% - Millage Ltd
63.1% - Industry AVG
MILLAGE LTD financials
Millage Ltd's latest turnover from March 2023 is estimated at £6 million and the company has net assets of -£19.2 thousand. According to their latest financial statements, we estimate that Millage Ltd has 15 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Aug 2011 | Aug 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 4 | 4 | 4 | 5 | 7 | 7 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Aug 2011 | Aug 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,185 | 1,881 | 971 | 21,280 | 21,576 | 21,788 | 22,360 | 2,227 | 1,153 | 1,078 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,185 | 1,881 | 971 | 21,280 | 21,576 | 21,788 | 22,360 | 2,227 | 1,153 | 1,078 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,554,674 | 351,479 | 363,821 | 319,513 | 137,440 | 74,388 | 39,926 | 25,818 | 35,291 | 46,737 | 42,309 | 10,363 | 12,815 | 1,389 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 30,000 | 193,941 | 163,783 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 2,535 | 4,889 | 3,143 | 1,274 | 9,220 | 1,509 | 2,466 | 770 | 472 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,554,674 | 351,479 | 363,821 | 319,513 | 137,440 | 106,923 | 238,756 | 192,744 | 36,565 | 55,957 | 43,818 | 12,829 | 13,585 | 1,861 |
| total assets | 1,557,859 | 353,360 | 364,792 | 340,793 | 159,016 | 128,711 | 261,116 | 194,971 | 37,718 | 57,035 | 43,818 | 12,829 | 13,585 | 1,861 |
| Bank overdraft | 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 |
| Trade Creditors | 1,577,012 | 374,011 | 373,505 | 350,260 | 168,432 | 0 | 345 | 4,215 | 121,178 | 72,814 | 101,657 | 59,410 | 57,497 | 26,075 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 140,592 | 273,512 | 232,330 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,577,012 | 374,011 | 373,505 | 350,260 | 168,432 | 140,592 | 273,857 | 236,545 | 121,178 | 72,814 | 101,657 | 59,410 | 57,497 | 26,075 |
| loans | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,577,012 | 374,011 | 373,505 | 350,260 | 168,432 | 140,592 | 273,857 | 236,545 | 121,178 | 72,814 | 101,657 | 59,410 | 57,497 | 26,075 |
| net assets | -19,153 | -20,651 | -8,713 | -9,467 | -9,416 | -11,881 | -12,741 | -41,574 | -83,460 | -15,779 | -57,839 | -46,581 | -43,912 | -24,214 |
| total shareholders funds | -19,153 | -20,651 | -8,713 | -9,467 | -9,416 | -11,881 | -12,741 | -41,574 | -83,460 | -15,779 | -57,839 | -46,581 | -43,912 | -24,214 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Aug 2011 | Aug 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 572 | 758 | 742 | 384 | 359 | 0 | 0 | 0 | 0 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,203,195 | -12,342 | 44,308 | 182,073 | 33,052 | -129,479 | 44,266 | 154,310 | -11,446 | 4,428 | 31,946 | -2,452 | 11,426 | 1,389 |
| Creditors | 1,203,001 | 506 | 23,245 | 181,828 | 168,432 | -345 | -3,870 | -116,963 | 48,364 | -28,843 | 42,247 | 1,913 | 31,422 | 26,075 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -140,592 | -132,920 | 41,182 | 232,330 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | -2,535 | -2,354 | 1,746 | 1,869 | -7,946 | 7,711 | -957 | 1,696 | 298 | 472 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -2,535 | -2,354 | 1,746 | 1,869 | -7,946 | 7,711 | -957 | 1,696 | 298 | 472 |
millage ltd Credit Report and Business Information
Millage Ltd Competitor Analysis
Perform a competitor analysis for millage ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in E 5 area or any other competitors across 12 key performance metrics.
millage ltd Ownership
MILLAGE LTD group structure
Millage Ltd has no subsidiary companies.
Ultimate parent company
MILLAGE LTD
06517442
millage ltd directors
Millage Ltd currently has 1 director, Mr Joseph Teitelbaum serving since Jun 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joseph Teitelbaum | United Kingdom | 50 years | Jun 2008 | - | Director |
P&L
March 2023turnover
6m
+375%
operating profit
1.8k
0%
gross margin
33.3%
+2.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-19.2k
-0.07%
total assets
1.6m
+3.41%
cash
0
0%
net assets
Total assets minus all liabilities
millage ltd company details
company number
06517442
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
February 2008
age
16
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
6 grosvenor way, london, E5 9ND
Bank
-
Legal Advisor
-
millage 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 millage ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
millage ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
