marchmont properties limited

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marchmont properties limited Company Information

Share MARCHMONT PROPERTIES LIMITED

Company Number

07091571

Directors

Ashley Miller

Kevin Davies

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Shareholders

ashley neale miller

kevin gwyn davies

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Group Structure

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Industry

Real estate agencies

 

Registered Address

18 hyde gardens, eastbourne, east sussex, BN21 4PT

Website

-

marchmont properties limited Estimated Valuation

£719.7k

Pomanda estimates the enterprise value of MARCHMONT PROPERTIES LIMITED at £719.7k based on a Turnover of £351.7k and 2.05x industry multiple (adjusted for size and gross margin).

marchmont properties limited Estimated Valuation

£204.6k

Pomanda estimates the enterprise value of MARCHMONT PROPERTIES LIMITED at £204.6k based on an EBITDA of £31.4k and a 6.52x industry multiple (adjusted for size and gross margin).

marchmont properties limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of MARCHMONT PROPERTIES LIMITED at £4.4m based on Net Assets of £2.2m and 2.02x industry multiple (adjusted for liquidity).

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Marchmont Properties Limited Overview

Marchmont Properties Limited is a live company located in east sussex, BN21 4PT with a Companies House number of 07091571. It operates in the real estate agencies sector, SIC Code 68310. Founded in December 2009, it's largest shareholder is ashley neale miller with a 33.3% stake. Marchmont Properties Limited is a established, micro sized company, Pomanda has estimated its turnover at £351.7k with declining growth in recent years.

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Marchmont Properties Limited Health Check

Pomanda's financial health check has awarded Marchmont Properties Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £351.7k, make it smaller than the average company (£487.4k)

£351.7k - Marchmont Properties Limited

£487.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.6%)

-2% - Marchmont Properties Limited

6.6% - Industry AVG

production

Production

with a gross margin of 85.3%, this company has a comparable cost of product (85.3%)

85.3% - Marchmont Properties Limited

85.3% - Industry AVG

profitability

Profitability

an operating margin of 8.8% make it more profitable than the average company (4.7%)

8.8% - Marchmont Properties Limited

4.7% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (13)

5 - Marchmont Properties Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.6k, the company has an equivalent pay structure (£39.6k)

£39.6k - Marchmont Properties Limited

£39.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £70.3k, this is equally as efficient (£79.7k)

£70.3k - Marchmont Properties Limited

£79.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Marchmont Properties Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 47 days, this is slower than average (38 days)

47 days - Marchmont Properties Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Marchmont Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (33 weeks)

2 weeks - Marchmont Properties Limited

33 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 43.1%, this is a lower level of debt than the average (54.7%)

43.1% - Marchmont Properties Limited

54.7% - Industry AVG

MARCHMONT PROPERTIES LIMITED financials

EXPORTms excel logo

Marchmont Properties Limited's latest turnover from March 2024 is estimated at £351.7 thousand and the company has net assets of £2.2 million. According to their latest financial statements, Marchmont Properties Limited has 5 employees and maintains cash reserves of £13.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Turnover351,734378,946357,911369,753180,717327,806313,9601,1193,763,6037,040133,228211,554280,731
Other Income Or Grants
Cost Of Sales51,63047,44731,68431,91522,81148,44438,203141393,15998220,49930,42339,576
Gross Profit300,105331,498326,227337,838157,905279,363275,7579773,370,4446,058112,729181,132241,155
Admin Expenses269,081119,414137,751157,847105,295-435,610-1,177,821-216,067147,8413,358,834-95,91225,26387,62494,719
Operating Profit31,024212,084188,476179,99152,610714,9731,453,578216,067-146,86411,610101,97087,46693,508146,436
Interest Payable118,17899,70367,52663,10052,35946,57246,65745,73224,233
Interest Receivable66839810811340221363680858280246190
Pre-Tax Profit-86,487112,779121,058116,902254668,4411,406,943170,349-171,03412,290102,82987,74693,754146,626
Tax-21,428-23,001-22,211-48-127,004-267,319-34,070-2,581-23,651-21,059-24,376-41,055
Profit After Tax-86,48791,35198,05794,691206541,4371,139,624136,279-171,0349,70979,17866,68769,378105,571
Dividends Paid
Retained Profit-86,48791,35198,05794,691206541,4371,139,624136,279-171,0349,70979,17866,68769,378105,571
Employee Costs198,199197,538202,767182,321190,417196,939176,83036,7691,928,43437,062101,154128,099172,020
Number Of Employees55555551511345
EBITDA*31,374212,271188,725180,14452,814715,2441,453,940216,549-146,22112,467103,11387,46693,508146,436

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Tangible Assets1,0475597464576108141,0852,299,0742,042,2052,036,5761,028,4291,517,5001,150,000690,000
Intangible Assets
Investments & Other3,776,7473,562,5353,562,5353,557,6953,550,1003,550,1002,797,727100100100
Debtors (Due After 1 year)
Total Fixed Assets3,777,7943,563,0943,563,2813,558,1523,550,7103,550,9142,798,8122,299,1742,042,3052,036,6761,028,4291,517,5001,150,000690,000
Stock & work in progress
Trade Debtors75319,90012618,22222,000
Group Debtors17,80118,8016,80120,80145,80145,80145,80153,801305,301
Misc Debtors11,4536,9452,81640,000252,66479,2002,296
Cash13,21212,2206,49622,2885,7414,9083,8896,71218,429253,62889,75922,13776,143
misc current assets
total current assets42,46637,96616,11343,08985,87651,542304,853136,890314,309338,329253,75489,75940,35998,143
total assets3,820,2603,601,0603,579,3943,601,2413,636,5863,602,4563,103,6652,436,0642,356,6142,375,0051,282,1831,607,2591,190,359788,143
Bank overdraft27,83228,08427,83227,832
Bank loan229,64727,51727,517
Trade Creditors 6,7551221904591,60317,4762,099485,76959,281190,829165,312166,804
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities66,24253,65795,722188,011277,336618,164698,421415,348482,065
total current liabilities302,64481,296123,429215,843305,879647,599743,730415,348484,164485,76959,281190,829165,312166,804
loans912,355931,432958,949986,4651,026,465634,297689,961717,793745,625
hp & lease commitments
Accruals and Deferred Income
other liabilities752,583390,958554,667350,333125,000
provisions430,515327,099327,134327,108327,108343,632262,315201,025161,206
total long term liabilities1,342,8701,258,5311,286,0831,313,5731,353,573977,929924,444918,818906,831752,583390,958554,667350,333125,000
total liabilities1,645,5141,339,8271,409,5121,529,4161,659,4521,625,5281,668,1741,334,1661,390,9951,238,352450,239745,496515,645291,804
net assets2,174,7462,261,2332,169,8822,071,8251,977,1341,976,9281,435,4911,101,898965,6191,136,653831,944861,763674,714496,339
total shareholders funds2,174,7462,261,2332,169,8822,071,8251,977,1341,976,9281,435,4911,101,898965,6191,136,653831,944861,763674,714496,339
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Operating Activities
Operating Profit31,024212,084188,476179,99152,610714,9731,453,578216,067-146,86411,610101,97087,46693,508146,436
Depreciation3501872491532042713624826438571,143
Amortisation
Tax-21,428-23,001-22,211-48-127,004-267,319-34,070-2,581-23,651-21,059-24,376-41,055
Stock
Debtors3,50816,129-11,184-65,07540,075-254,144166,944-174,596-12,303319,774126-18,222-3,77822,000
Creditors6,633-68190-459-1,144-15,87317,476-2,099-483,670426,488-131,54825,517-1,492166,804
Accruals and Deferred Income12,585-42,065-92,289-89,325-340,828-80,257283,073-66,717482,065
Deferred Taxes & Provisions103,416-3526-16,52481,31761,29039,819161,206
Cash flow from operations150,500132,54684,835133,224-345,805827,5711,381,516328,07825,683116,600-52,212110,14671,418250,185
Investing Activities
capital expenditure-838-5382,297,627-257,351-6,272-1,009,004487,928-367,500-460,000-690,000
Change in Investments214,2124,8407,595752,3732,797,627100
cash flow from investments-215,050-5,378-7,595-752,373-500,000-257,351-6,272-1,009,104487,928-367,500-460,000-690,000
Financing Activities
Bank loans202,13027,517
Group/Directors Accounts
Other Short Term Loans
Long term loans-19,077-27,517-27,516-40,000392,168-55,664-27,832-27,832745,625
Hire Purchase and Lease Commitments
other long term liabilities-752,583361,625-163,709204,334225,333125,000
share issue-806,031295,000-108,997120,362108,997390,768
interest-117,510-99,305-67,418-63,089-52,356-46,532-46,635-45,719-24,170680858280246190
cash flow from financing65,543-126,822-67,417-103,089339,812-102,196-880,498-73,551-31,128657,305-271,848324,976334,576515,958
cash and cash equivalents
cash9925,724-15,79222,288-5,7418331,019-2,823-11,717-235,199163,86967,622-54,00676,143
overdraft-27,832-25225227,832
change in cash9925,72412,04022,540-5,993833-26,813-2,823-11,717-235,199163,86967,622-54,00676,143

marchmont properties limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Marchmont Properties Limited Competitor Analysis

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Perform a competitor analysis for marchmont properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BN21 area or any other competitors across 12 key performance metrics.

marchmont properties limited Ownership

MARCHMONT PROPERTIES LIMITED group structure

Marchmont Properties Limited has 1 subsidiary company.

Ultimate parent company

MARCHMONT PROPERTIES LIMITED

07091571

1 subsidiary

MARCHMONT PROPERTIES LIMITED Shareholders

ashley neale miller 33.33%
kevin gwyn davies 33.33%
steven weatherstone 33.33%

marchmont properties limited directors

Marchmont Properties Limited currently has 6 directors. The longest serving directors include Mr Ashley Miller (Dec 2009) and Mr Kevin Davies (Dec 2009).

officercountryagestartendrole
Mr Ashley MillerUnited Kingdom56 years Dec 2009- Director
Mr Kevin DaviesWales55 years Dec 2009- Director
Mr Kevin Davies55 years Dec 2009- Director
Mr Steven WeatherstoneUnited Kingdom56 years Dec 2009- Director
Mrs Joanne MillerUnited Kingdom56 years Aug 2011- Director
Mrs Susanna WeatherstoneUnited Kingdom54 years Aug 2011- Director

P&L

March 2024

turnover

351.7k

-7%

operating profit

31k

0%

gross margin

85.4%

-2.47%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

2.2m

-0.04%

total assets

3.8m

+0.06%

cash

13.2k

+0.08%

net assets

Total assets minus all liabilities

marchmont properties limited company details

company number

07091571

Type

Private limited with Share Capital

industry

68310 - Real estate agencies

incorporation date

December 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

PLUMMER PARSONS

auditor

-

address

18 hyde gardens, eastbourne, east sussex, BN21 4PT

Bank

-

Legal Advisor

-

marchmont properties 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 8 charges/mortgages relating to marchmont properties limited. Currently there are 8 open charges and 0 have been satisfied in the past.

marchmont properties 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.

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marchmont properties limited Companies House Filings - See Documents

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