modelgate limited
modelgate limited Company Information
Company Number
07438290
Website
-Registered Address
ion building - unit 1, waldo works, london, NW10 6AW
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
August 2025
Group Structure
View All
Directors
Robert Thompson13 Years
Shareholders
robert thompson 100%
modelgate limited Estimated Valuation
Pomanda estimates the enterprise value of MODELGATE LIMITED at £9.7m based on a Turnover of £3.9m and 2.49x industry multiple (adjusted for size and gross margin).
modelgate limited Estimated Valuation
Pomanda estimates the enterprise value of MODELGATE LIMITED at £0 based on an EBITDA of £-843 and a 6.54x industry multiple (adjusted for size and gross margin).
modelgate limited Estimated Valuation
Pomanda estimates the enterprise value of MODELGATE LIMITED at £886.5k based on Net Assets of £608k and 1.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Modelgate Limited Overview
Modelgate Limited is a live company located in london, NW10 6AW with a Companies House number of 07438290. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 2010, it's largest shareholder is robert thompson with a 100% stake. Modelgate Limited is a established, small sized company, Pomanda has estimated its turnover at £3.9m with rapid growth in recent years.
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Modelgate Limited Health Check
Pomanda's financial health check has awarded Modelgate Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £3.9m, make it larger than the average company (£871.1k)
- Modelgate Limited
£871.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 165%, show it is growing at a faster rate (2.6%)
- Modelgate Limited
2.6% - Industry AVG
Production
with a gross margin of 68.9%, this company has a comparable cost of product (68.9%)
- Modelgate Limited
68.9% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (25.2%)
- Modelgate Limited
25.2% - Industry AVG
Employees
with 21 employees, this is above the industry average (4)
- Modelgate Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.3k, the company has an equivalent pay structure (£38.3k)
- Modelgate Limited
£38.3k - Industry AVG
Efficiency
resulting in sales per employee of £186.2k, this is equally as efficient (£192.6k)
- Modelgate Limited
£192.6k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is later than average (25 days)
- Modelgate Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (29 days)
- Modelgate Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Modelgate Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Modelgate Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.5%, this is a lower level of debt than the average (64.3%)
35.5% - Modelgate Limited
64.3% - Industry AVG
MODELGATE LIMITED financials
Modelgate Limited's latest turnover from November 2023 is estimated at £3.9 million and the company has net assets of £608 thousand. According to their latest financial statements, we estimate that Modelgate Limited has 21 employees and maintains cash reserves of £1 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 36,000 | ||||||||||||
| Other Income Or Grants | 0 | ||||||||||||
| Cost Of Sales | 10,000 | ||||||||||||
| Gross Profit | 26,000 | ||||||||||||
| Admin Expenses | -17,781 | ||||||||||||
| Operating Profit | 43,781 | ||||||||||||
| Interest Payable | 0 | ||||||||||||
| Interest Receivable | 102 | ||||||||||||
| Pre-Tax Profit | 8,743,883 | ||||||||||||
| Tax | -8,922 | ||||||||||||
| Profit After Tax | 8,734,961 | ||||||||||||
| Dividends Paid | 0 | ||||||||||||
| Retained Profit | 8,734,961 | ||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* | 43,781 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 580,000 | 580,000 | 580,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 580,000 | 580,000 | 580,000 | 580,000 | 0 | 0 | 0 | 580,000 | 580,000 | 580,000 | 580,000 | 8,699,409 | 8,699,388 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21 |
| Total Fixed Assets | 580,000 | 580,000 | 580,000 | 580,000 | 580,000 | 580,000 | 580,000 | 580,000 | 580,000 | 580,000 | 580,000 | 8,699,409 | 8,699,409 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 363,024 | 363,025 | 0 | 0 | 30,169 | 30,331 | 45,907 | 47,145 | 583,900 | 583,900 | 583,900 | 582,400 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 194,025 | 99,015 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 565,400 |
| Cash | 1 | 306 | 38,001 | 9,076 | 0 | 0 | 0 | 1 | 1 | 13 | 581 | 8,566 | 12,715 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 363,025 | 363,331 | 232,026 | 108,091 | 30,169 | 30,331 | 45,907 | 47,146 | 583,901 | 583,913 | 584,481 | 590,966 | 578,115 |
| total assets | 943,025 | 943,331 | 812,026 | 688,091 | 610,169 | 610,331 | 625,907 | 627,146 | 1,163,901 | 1,163,913 | 1,164,481 | 9,290,375 | 9,277,524 |
| Bank overdraft | 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 |
| Trade Creditors | 335,030 | 334,500 | 0 | 0 | 0 | 0 | 15,510 | 17,047 | 553,197 | 551,975 | 551,456 | 555,784 | 2,100 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 530,191 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 202,000 | 78,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,172 |
| total current liabilities | 335,030 | 334,500 | 202,000 | 78,000 | 0 | 0 | 15,510 | 17,047 | 553,197 | 551,975 | 551,456 | 555,784 | 542,463 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 400 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 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 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 400 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 335,030 | 334,500 | 202,000 | 78,000 | 0 | 0 | 15,910 | 17,047 | 553,197 | 551,975 | 551,456 | 555,784 | 542,463 |
| net assets | 607,995 | 608,831 | 610,026 | 610,091 | 610,169 | 610,331 | 609,997 | 610,099 | 610,704 | 611,938 | 613,025 | 8,734,591 | 8,735,061 |
| total shareholders funds | 607,995 | 608,831 | 610,026 | 610,091 | 610,169 | 610,331 | 609,997 | 610,099 | 610,704 | 611,938 | 613,025 | 8,734,591 | 8,735,061 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 43,781 | ||||||||||||
| 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 | -8,922 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1 | 169,000 | 95,010 | 68,846 | -162 | -15,576 | -1,238 | -536,755 | 0 | 0 | 1,500 | 16,979 | 565,421 |
| Creditors | 530 | 334,500 | 0 | 0 | 0 | -15,510 | -1,537 | -536,150 | 1,222 | 519 | -4,328 | 553,684 | 2,100 |
| Accruals and Deferred Income | 0 | -202,000 | 124,000 | 78,000 | 0 | -400 | 400 | 0 | 0 | 0 | 0 | -10,172 | 10,172 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -518,290 | ||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 580,000 | 0 | 0 | -580,000 | 0 | 0 | 0 | -8,119,409 | 21 | 8,699,388 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 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 | -530,191 | 530,191 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | |||||||||||||
| interest | 102 | ||||||||||||
| cash flow from financing | 530,393 | ||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -305 | -37,695 | 28,925 | 9,076 | 0 | 0 | -1 | 0 | -12 | -568 | -7,985 | -4,149 | 12,715 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -305 | -37,695 | 28,925 | 9,076 | 0 | 0 | -1 | 0 | -12 | -568 | -7,985 | -4,149 | 12,715 |
modelgate limited Credit Report and Business Information
Modelgate Limited Competitor Analysis
Perform a competitor analysis for modelgate limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NW10 area or any other competitors across 12 key performance metrics.
modelgate limited Ownership
MODELGATE LIMITED group structure
Modelgate Limited has 1 subsidiary company.
Ultimate parent company
MODELGATE LIMITED
07438290
1 subsidiary
modelgate limited directors
Modelgate Limited currently has 1 director, Mr Robert Thompson serving since Nov 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Thompson | United Kingdom | 62 years | Nov 2010 | - | Director |
P&L
November 2023turnover
3.9m
+7%
operating profit
-843.7
0%
gross margin
69%
+0.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
608k
0%
total assets
943k
0%
cash
1
-1%
net assets
Total assets minus all liabilities
modelgate limited company details
company number
07438290
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
November 2010
age
14
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
November 2023
address
ion building - unit 1, waldo works, london, NW10 6AW
accountant
-
auditor
-
modelgate 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 did not find charges/mortgages relating to modelgate limited.
modelgate limited Companies House Filings - See Documents
| date | description | view/download |
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