Pomanda estimates the enterprise value of IAN MACKLIN LETTINGS LTD at £100.8k based on a Turnover of £63.2k and 1.6x industry multiple (adjusted for size and gross margin).
ian macklin lettings ltdEstimated Valuation
£91.4k
Pomanda estimates the enterprise value of IAN MACKLIN LETTINGS LTD at £91.4k based on an EBITDA of £21.7k and a 4.2x industry multiple (adjusted for size and gross margin).
ian macklin lettings ltdEstimated Valuation
£113.8k
Pomanda estimates the enterprise value of IAN MACKLIN LETTINGS LTD at £113.8k based on Net Assets of £62.6k and 1.82x industry multiple (adjusted for liquidity).
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Ian Macklin Lettings LtdOverview
Ian Macklin Lettings Ltd is a live company located in altrincham, WA15 9SF with a Companies House number of 08236077. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in October 2012, it's largest shareholder is
lisa derricott
with a 50.5% stake. Ian Macklin Lettings Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£63.2k with
low
growth in recent years.
Pomanda's financial health check has awarded Ian Macklin Lettings Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £63.2k, make it smaller than the average company (£319.6k)
£63.2k - Ian Macklin Lettings Ltd
£319.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (3.7%)
0% - Ian Macklin Lettings Ltd
3.7% - Industry AVG
Production
with a gross margin of 17.7%, this company has a higher cost of product (70.3%)
17.7% - Ian Macklin Lettings Ltd
70.3% - Industry AVG
Profitability
an operating margin of 30.4% make it more profitable than the average company (7.2%)
30.4% - Ian Macklin Lettings Ltd
7.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
4 - Ian Macklin Lettings Ltd
6 - Industry AVG
Pay Structure
on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)
£40.1k - Ian Macklin Lettings Ltd
£40.1k - Industry AVG
Efficiency
resulting in sales per employee of £15.8k, this is less efficient (£100k)
£15.8k - Ian Macklin Lettings Ltd
£100k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (49 days)
2 days - Ian Macklin Lettings Ltd
49 days - Industry AVG
Creditor Days
its suppliers are paid after 181 days, this is slower than average (33 days)
181 days - Ian Macklin Lettings Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ian Macklin Lettings Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 164 weeks, this is more cash available to meet short term requirements (50 weeks)
164 weeks - Ian Macklin Lettings Ltd
50 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.2%, this is a lower level of debt than the average (53.9%)
29.2% - Ian Macklin Lettings Ltd
53.9% - Industry AVG
IAN MACKLIN LETTINGS LTD financials
EXPORT
Ian Macklin Lettings Ltd's latest turnover from October 2023 is estimated at £63.2 thousand and the company has net assets of £62.6 thousand. According to their latest financial statements, Ian Macklin Lettings Ltd has 4 employees and maintains cash reserves of £81.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Turnover
63,203
63,228
66,141
62,375
57,367
71,322
41,989
31,478
15,128
31,958
21,102
Other Income Or Grants
Cost Of Sales
52,017
52,593
56,725
52,209
46,107
57,696
33,044
26,049
12,851
27,978
18,606
Gross Profit
11,187
10,635
9,416
10,166
11,261
13,626
8,945
5,429
2,277
3,980
2,495
Admin Expenses
-8,011
12,965
-14,706
-124
1,627
14,245
9,627
-1,152
6,432
-7,026
-548
Operating Profit
19,198
-2,330
24,122
10,290
9,634
-619
-682
6,581
-4,155
11,006
3,043
Interest Payable
Interest Receivable
3,078
960
40
28
196
166
58
51
85
84
30
Pre-Tax Profit
22,276
-1,370
24,162
10,317
9,830
-453
-624
6,631
-4,070
11,090
3,073
Tax
-5,569
-4,591
-1,960
-1,868
-1,326
-2,329
-707
Profit After Tax
16,707
-1,370
19,571
8,357
7,962
-453
-624
5,305
-4,070
8,761
2,366
Dividends Paid
Retained Profit
16,707
-1,370
19,571
8,357
7,962
-453
-624
5,305
-4,070
8,761
2,366
Employee Costs
160,353
115,522
108,415
103,162
100,347
97,049
61,519
32,904
33,926
33,452
32,717
Number Of Employees
4
3
3
3
3
3
2
1
1
1
1
EBITDA*
21,727
216
24,481
10,519
10,155
-273
-388
6,972
-3,633
11,702
3,043
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Tangible Assets
6,202
7,640
1,076
686
915
1,036
882
1,176
1,567
2,089
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
6,202
7,640
1,076
686
915
1,036
882
1,176
1,567
2,089
Stock & work in progress
Trade Debtors
488
18,677
21,144
18,778
13,106
14,741
8,058
2,249
5,475
2,698
Group Debtors
Misc Debtors
Cash
81,779
35,489
49,834
29,418
25,768
26,486
17,754
28,387
12,216
21,831
11,849
misc current assets
total current assets
82,267
54,166
70,978
48,196
38,874
26,486
32,495
36,445
14,465
27,306
14,547
total assets
88,469
61,806
72,054
48,882
39,789
27,522
33,377
37,621
16,032
29,395
14,547
Bank overdraft
Bank loan
Trade Creditors
25,858
15,902
24,780
21,179
20,443
16,138
21,540
25,160
8,876
18,169
12,082
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
25,858
15,902
24,780
21,179
20,443
16,138
21,540
25,160
8,876
18,169
12,082
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
25,858
15,902
24,780
21,179
20,443
16,138
21,540
25,160
8,876
18,169
12,082
net assets
62,611
45,904
47,274
27,703
19,346
11,384
11,837
12,461
7,156
11,226
2,465
total shareholders funds
62,611
45,904
47,274
27,703
19,346
11,384
11,837
12,461
7,156
11,226
2,465
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Operating Activities
Operating Profit
19,198
-2,330
24,122
10,290
9,634
-619
-682
6,581
-4,155
11,006
3,043
Depreciation
2,529
2,546
359
229
521
346
294
391
522
696
Amortisation
Tax
-5,569
-4,591
-1,960
-1,868
-1,326
-2,329
-707
Stock
Debtors
-18,189
-2,467
2,366
5,672
13,106
-14,741
6,683
5,809
-3,226
2,777
2,698
Creditors
9,956
-8,878
3,601
736
4,305
-5,402
-3,620
16,284
-9,293
6,087
12,082
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
44,303
-6,195
21,125
3,623
-514
9,066
-10,691
16,121
-9,700
12,683
11,720
Investing Activities
capital expenditure
-1,091
-9,110
-749
-400
-500
-2,785
Change in Investments
cash flow from investments
-1,091
-9,110
-749
-400
-500
-2,785
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
99
interest
3,078
960
40
28
196
166
58
51
85
84
30
cash flow from financing
3,078
960
40
28
196
166
58
51
85
84
129
cash and cash equivalents
cash
46,290
-14,345
20,416
3,650
-718
8,732
-10,633
16,171
-9,615
9,982
11,849
overdraft
change in cash
46,290
-14,345
20,416
3,650
-718
8,732
-10,633
16,171
-9,615
9,982
11,849
ian macklin lettings ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ian macklin lettings ltd. Get real-time insights into ian macklin lettings ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ian macklin lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WA15 area or any other competitors across 12 key performance metrics.
ian macklin lettings ltd Ownership
IAN MACKLIN LETTINGS LTD group structure
Ian Macklin Lettings Ltd has no subsidiary companies.
Ultimate parent company
IAN MACKLIN LETTINGS LTD
08236077
IAN MACKLIN LETTINGS LTD Shareholders
The largest shareholders in Ian Macklin Lettings Ltd include Lisa Derricott and Robert Macklin.
lisa derricott
50.51%
robert macklin
49.49%
ian macklin lettings ltd directors
Ian Macklin Lettings Ltd currently has 2 directors.
The longest serving directors include
Mr Robert MacKlin (Oct 2012) and
Ms Lisa Derricott (Oct 2012).
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 ian macklin lettings ltd.
ian macklin lettings ltd 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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ian macklin lettings ltdCompanies House Filings - See Documents
