milee build ltd

2

milee build ltd Company Information

Share MILEE BUILD LTD
Live 
EstablishedMicroDeclining

Company Number

08493471

Website

-

Registered Address

45 winchester road, bristol, somerset, BS4 3NQ

Industry

Construction of domestic buildings

 

Telephone

-

Next Accounts Due

December 2025

Group Structure

View All

Directors

Lee Buck8 Years

Shareholders

michelle buck 50%

lee buck 50%

milee build ltd Estimated Valuation

£59.3k

Pomanda estimates the enterprise value of MILEE BUILD LTD at £59.3k based on a Turnover of £117.1k and 0.51x industry multiple (adjusted for size and gross margin).

milee build ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MILEE BUILD LTD at £0 based on an EBITDA of £-33k and a 3.83x industry multiple (adjusted for size and gross margin).

milee build ltd Estimated Valuation

£491

Pomanda estimates the enterprise value of MILEE BUILD LTD at £491 based on Net Assets of £362 and 1.36x industry multiple (adjusted for liquidity).

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Milee Build Ltd Overview

Milee Build Ltd is a live company located in somerset, BS4 3NQ with a Companies House number of 08493471. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in April 2013, it's largest shareholder is michelle buck with a 50% stake. Milee Build Ltd is a established, micro sized company, Pomanda has estimated its turnover at £117.1k with declining growth in recent years.

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Milee Build Ltd Health Check

Pomanda's financial health check has awarded Milee Build Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £117.1k, make it smaller than the average company (£438.3k)

£117.1k - Milee Build Ltd

£438.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (10.3%)

-11% - Milee Build Ltd

10.3% - Industry AVG

production

Production

with a gross margin of 20.3%, this company has a comparable cost of product (20.3%)

20.3% - Milee Build Ltd

20.3% - Industry AVG

profitability

Profitability

an operating margin of -31.4% make it less profitable than the average company (4.9%)

-31.4% - Milee Build Ltd

4.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Milee Build Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)

£41.8k - Milee Build Ltd

£41.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £58.5k, this is less efficient (£193.1k)

£58.5k - Milee Build Ltd

£193.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 17 days, this is earlier than average (25 days)

17 days - Milee Build Ltd

25 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 15 days, this is quicker than average (29 days)

15 days - Milee Build Ltd

29 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 39 days, this is less than average (278 days)

39 days - Milee Build Ltd

278 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (14 weeks)

12 weeks - Milee Build Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (71.8%)

99.9% - Milee Build Ltd

71.8% - Industry AVG

MILEE BUILD LTD financials

EXPORTms excel logo

Milee Build Ltd's latest turnover from March 2024 is estimated at £117.1 thousand and the company has net assets of £362. According to their latest financial statements, Milee Build Ltd has 2 employees and maintains cash reserves of £78 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Apr 2014
Turnover117,098145,448373,644165,40298,262702,656356,439315,7836,67219,79139,331
Other Income Or Grants00000000000
Cost Of Sales93,384117,070304,800135,50979,309553,344279,181244,5555,19315,51730,945
Gross Profit23,71528,37868,84429,89318,954149,31277,25871,2291,4794,2758,386
Admin Expenses60,507-27,32155,29126,65015,978142,46020,90152,3871,4553,8248,359
Operating Profit-36,79255,69913,5533,2432,9766,85256,35718,8422445127
Interest Payable2,91616,25013,5203,5046,14932,27132,7477,906000
Interest Receivable5,4043,032142938322017638131211
Pre-Tax Profit-34,30442,481175-168-3,090-25,19923,78510,9743846338
Tax0-8,071-33000-4,519-2,195-7-97-8
Profit After Tax-34,30434,410142-168-3,090-25,19919,2668,7793036630
Dividends Paid00000000000
Retained Profit-34,30434,410142-168-3,090-25,19919,2668,7793036630
Employee Costs83,50683,55180,09674,30837,928125,42479,00074,77139,87938,62137,715
Number Of Employees22221322111
EBITDA*-33,00460,31913,55320,2732,9766,85256,35727,592244513,039

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Apr 2014
Tangible Assets17,25921,047000000000
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets17,25921,047000000000
Stock & work in progress10,000500615,503410,016129,979440,182755,535209,428000
Trade Debtors5,500001,00000043,18501,5930
Group Debtors00000000000
Misc Debtors220,844214,65482825020,0006,15514,4221,5931,59300
Cash77,978138,1824,49033,497151,90314,13644,65825,5644,8313994,396
misc current assets00000000000
total current assets314,322353,336620,821444,763301,882460,473814,615279,7706,4241,9924,396
total assets331,581374,383620,821444,763301,882460,473814,615279,7706,4241,9924,396
Bank overdraft21,66731,353285,715114,8810201,592754,600253,000000
Bank loan00000000000
Trade Creditors 4,0204,02013,0205,1942,72084,9959,5831,7207701,4964,266
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities305,532304,344321,830324,574298,880170,51421,86115,7455,12800
total current liabilities331,219339,717620,565444,649301,600457,101786,044270,4655,8981,4964,266
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions00000000000
total long term liabilities00000000000
total liabilities331,219339,717620,565444,649301,600457,101786,044270,4655,8981,4964,266
net assets36234,6662561142823,37228,5719,305526496130
total shareholders funds36234,6662561142823,37228,5719,305526496130
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Apr 2014
Operating Activities
Operating Profit-36,79255,69913,5533,2432,9766,85256,35718,8422445127
Depreciation3,7884,620017,0300008,750003,012
Amortisation00000000000
Tax0-8,071-33000-4,519-2,195-7-97-8
Stock9,500-615,003205,487280,037-310,203-315,353546,107209,428000
Debtors11,690213,826-422-18,75013,845-8,267-30,35643,18501,5930
Creditors0-9,0007,8262,474-82,27575,4127,863950-726-2,7704,266
Accruals and Deferred Income1,188-17,486-2,74425,694128,366148,6536,11610,6175,12800
Deferred Taxes & Provisions00000000000
Cash flow from operations-53,006426,939-186,463-212,846345,425554,537-449,934-215,6494,419-4,0097,297
Investing Activities
capital expenditure0-25,6670-17,030000-8,75000-3,012
Change in Investments00000000000
cash flow from investments0-25,6670-17,030000-8,75000-3,012
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue0000000000100
interest2,488-13,218-13,378-3,411-6,066-32,051-32,571-7,868131211
cash flow from financing2,488-13,218-13,378-3,411-6,066-32,051-32,571-7,8681312111
cash and cash equivalents
cash-60,204133,692-29,007-118,406137,767-30,52219,09420,7334,432-3,9974,396
overdraft-9,686-254,362170,834114,881-201,592-553,008501,600253,000000
change in cash-50,518388,054-199,841-233,287339,359522,486-482,506-232,2674,432-3,9974,396

milee build ltd 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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Milee Build Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for milee build ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BS4 area or any other competitors across 12 key performance metrics.

milee build ltd Ownership

MILEE BUILD LTD group structure

Milee Build Ltd has no subsidiary companies.

Ultimate parent company

MILEE BUILD LTD

08493471

MILEE BUILD LTD Shareholders

michelle buck 50%
lee buck 50%

milee build ltd directors

Milee Build Ltd currently has 1 director, Mr Lee Buck serving since Jun 2016.

officercountryagestartendrole
Mr Lee Buck55 years Jun 2016- Director

P&L

March 2024

turnover

117.1k

-19%

operating profit

-36.8k

0%

gross margin

20.3%

+3.8%

turnover

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

Balance Sheet

March 2024

net assets

362

-0.99%

total assets

331.6k

-0.11%

cash

78k

-0.44%

net assets

Total assets minus all liabilities

milee build ltd company details

company number

08493471

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

April 2013

age

11

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

winchester building and property maintenance ltd (May 2014)

accountant

-

auditor

-

address

45 winchester road, bristol, somerset, BS4 3NQ

Bank

-

Legal Advisor

-

milee build 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 did not find charges/mortgages relating to milee build ltd.

charges

milee build ltd Companies House Filings - See Documents

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