mref iii limited
mref iii limited Company Information
Company Number
08407646
Next Accounts
Sep 2025
Shareholders
moorfield group ltd
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
moorfield group, 10 grosvenor street, london, england, W1K 4QB
Website
https://www.moorfield.commref iii limited Estimated Valuation
Pomanda estimates the enterprise value of MREF III LIMITED at £236.4k based on a Turnover of £64k and 3.69x industry multiple (adjusted for size and gross margin).
mref iii limited Estimated Valuation
Pomanda estimates the enterprise value of MREF III LIMITED at £498.9k based on an EBITDA of £63k and a 7.92x industry multiple (adjusted for size and gross margin).
mref iii limited Estimated Valuation
Pomanda estimates the enterprise value of MREF III LIMITED at £2m based on Net Assets of £1.3m and 1.58x industry multiple (adjusted for liquidity).
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Mref Iii Limited Overview
Mref Iii Limited is a live company located in london, W1K 4QB with a Companies House number of 08407646. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2013, it's largest shareholder is moorfield group ltd with a 100% stake. Mref Iii Limited is a established, micro sized company, Pomanda has estimated its turnover at £64k with unknown growth in recent years.
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Mref Iii Limited Health Check
Pomanda's financial health check has awarded Mref Iii 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
0 Regular
3 Weak
Size
annual sales of £64k, make it smaller than the average company (£929.3k)
£64k - Mref Iii Limited
£929.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mref Iii Limited
- - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (70.4%)
100% - Mref Iii Limited
70.4% - Industry AVG
Profitability
an operating margin of 98.4% make it more profitable than the average company (24%)
98.4% - Mref Iii Limited
24% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Mref Iii Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Mref Iii Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £32k, this is less efficient (£186.4k)
£32k - Mref Iii Limited
£186.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mref Iii Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mref Iii Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mref Iii Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mref Iii Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.9%, this is a lower level of debt than the average (64.1%)
1.9% - Mref Iii Limited
64.1% - Industry AVG
MREF III LIMITED financials
Mref Iii Limited's latest turnover from December 2023 is £64 thousand and the company has net assets of £1.3 million. According to their latest financial statements, Mref Iii Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 64,000 | 761,000 | 600,000 | ||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | 64,000 | 761,000 | 600,000 | ||||||||
| Admin Expenses | 1,000 | ||||||||||
| Operating Profit | 63,000 | 761,000 | -6,000 | 70,000 | |||||||
| Interest Payable | 60,000 | 31,000 | 17,000 | 33,000 | |||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | 63,000 | 761,000 | 594,000 | -60,000 | -37,000 | 53,000 | -33,000 | ||||
| Tax | -6,000 | -3,000 | 3,000 | -57,000 | |||||||
| Profit After Tax | 63,000 | 755,000 | 594,000 | -3,000 | 3,000 | -57,000 | -60,000 | -37,000 | 53,000 | -33,000 | |
| Dividends Paid | |||||||||||
| Retained Profit | 63,000 | 755,000 | 594,000 | -3,000 | 3,000 | -57,000 | -60,000 | -37,000 | 53,000 | -33,000 | |
| Employee Costs | |||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 4 | |||
| EBITDA* | 63,000 | 761,000 | -6,000 | 70,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||
| Intangible Assets | |||||||||||
| Investments & Other | 283,000 | 837,000 | 1,154,000 | 1,870,000 | 1,520,000 | 674,000 | 445,000 | 438,000 | |||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 283,000 | 837,000 | 1,154,000 | 1,870,000 | 1,520,000 | 674,000 | 445,000 | 438,000 | |||
| Stock & work in progress | |||||||||||
| Trade Debtors | |||||||||||
| Group Debtors | 1,304,000 | 1,241,000 | 485,000 | ||||||||
| Misc Debtors | 1,681,000 | ||||||||||
| Cash | |||||||||||
| misc current assets | |||||||||||
| total current assets | 1,304,000 | 1,241,000 | 485,000 | 1,681,000 | |||||||
| total assets | 1,304,000 | 1,241,000 | 485,000 | 283,000 | 837,000 | 1,154,000 | 1,870,000 | 1,520,000 | 674,000 | 2,126,000 | 438,000 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | |||||||||||
| Group/Directors Accounts | 391,000 | 945,000 | 1,231,000 | 1,947,000 | 1,537,000 | 654,000 | 2,159,000 | ||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 25,000 | 25,000 | 24,000 | 25,000 | 22,000 | 57,000 | |||||
| total current liabilities | 25,000 | 25,000 | 24,000 | 416,000 | 967,000 | 1,288,000 | 1,947,000 | 1,537,000 | 654,000 | 2,159,000 | |
| loans | 438,000 | ||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | 438,000 | ||||||||||
| total liabilities | 25,000 | 25,000 | 24,000 | 416,000 | 967,000 | 1,288,000 | 1,947,000 | 1,537,000 | 654,000 | 2,159,000 | 438,000 |
| net assets | 1,279,000 | 1,216,000 | 461,000 | -133,000 | -130,000 | -134,000 | -77,000 | -17,000 | 20,000 | -33,000 | |
| total shareholders funds | 1,279,000 | 1,216,000 | 461,000 | -133,000 | -130,000 | -134,000 | -77,000 | -17,000 | 20,000 | -33,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 63,000 | 761,000 | -6,000 | 70,000 | |||||||
| Depreciation | |||||||||||
| Amortisation | |||||||||||
| Tax | -6,000 | -3,000 | 3,000 | -57,000 | |||||||
| Stock | |||||||||||
| Debtors | 63,000 | 756,000 | 485,000 | -1,681,000 | 1,681,000 | ||||||
| Creditors | |||||||||||
| Accruals and Deferred Income | 1,000 | -1,000 | 3,000 | -35,000 | 57,000 | ||||||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | -32,000 | -6,000 | 1,751,000 | -1,681,000 | |||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | -283,000 | -554,000 | -317,000 | -716,000 | 350,000 | 846,000 | 229,000 | 7,000 | 438,000 | ||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -391,000 | -554,000 | -286,000 | -716,000 | 410,000 | 883,000 | -1,505,000 | 2,159,000 | |||
| Other Short Term Loans | |||||||||||
| Long term loans | -438,000 | 438,000 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | -60,000 | -31,000 | -17,000 | -33,000 | |||||||
| cash flow from financing | -391,000 | -554,000 | -285,000 | -716,000 | 350,000 | 852,000 | -1,522,000 | 1,688,000 | 438,000 | ||
| cash and cash equivalents | |||||||||||
| cash | |||||||||||
| overdraft | |||||||||||
| change in cash |
mref iii limited Credit Report and Business Information
Mref Iii Limited Competitor Analysis
Perform a competitor analysis for mref iii limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in W1K area or any other competitors across 12 key performance metrics.
mref iii limited Ownership
MREF III LIMITED group structure
Mref Iii Limited has no subsidiary companies.
Ultimate parent company
2 parents
MREF III LIMITED
08407646
mref iii limited directors
Mref Iii Limited currently has 4 directors. The longest serving directors include Mr Marc Gilbard (Feb 2013) and Mr Charles Ferguson-Davie (Feb 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marc Gilbard | 62 years | Feb 2013 | - | Director | |
| Mr Charles Ferguson-Davie | England | 46 years | Feb 2013 | - | Director |
| Mrs Sadie Malim | United Kingdom | 45 years | Apr 2024 | - | Director |
| Mr Steven Hall | United Kingdom | 47 years | Apr 2024 | - | Director |
P&L
December 2023turnover
64k
-92%
operating profit
63k
-92%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.3m
+0.05%
total assets
1.3m
+0.05%
cash
0
0%
net assets
Total assets minus all liabilities
mref iii limited company details
company number
08407646
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
February 2013
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
WELLDEN TURNBULL LIMITED
address
moorfield group, 10 grosvenor street, london, england, W1K 4QB
Bank
LLOYDS BANKING GROUP
Legal Advisor
-
mref iii 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 mref iii limited.
mref iii 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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mref iii limited Companies House Filings - See Documents
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