millhill properties [lewes] limited
millhill properties [lewes] limited Company Information
![Share MILLHILL PROPERTIES [LEWES] LIMITED](/assets/svgs/share.svg){kind=small}
Company Number
08593880
Website
-Registered Address
park house park farm, bradbourne lane, ditton, kent, ME20 6SN
Industry
Development of building projects
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
milroy developments limited 40%
berwick holdings limited 20%
View Allmillhill properties [lewes] limited Estimated Valuation
Pomanda estimates the enterprise value of MILLHILL PROPERTIES [LEWES] LIMITED at £270.6k based on a Turnover of £572.3k and 0.47x industry multiple (adjusted for size and gross margin).
millhill properties [lewes] limited Estimated Valuation
Pomanda estimates the enterprise value of MILLHILL PROPERTIES [LEWES] LIMITED at £161.5k based on an EBITDA of £43.6k and a 3.7x industry multiple (adjusted for size and gross margin).
millhill properties [lewes] limited Estimated Valuation
Pomanda estimates the enterprise value of MILLHILL PROPERTIES [LEWES] LIMITED at £206.9k based on Net Assets of £155.4k and 1.33x industry multiple (adjusted for liquidity).
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Millhill Properties [lewes] Limited Overview
Millhill Properties [lewes] Limited is a live company located in ditton, ME20 6SN with a Companies House number of 08593880. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2013, it's largest shareholder is milroy developments limited with a 40% stake. Millhill Properties [lewes] Limited is a established, small sized company, Pomanda has estimated its turnover at £572.3k with high growth in recent years.
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Millhill Properties [lewes] Limited Health Check
Pomanda's financial health check has awarded Millhill Properties [Lewes] Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
3 Weak
Size
annual sales of £572.3k, make it smaller than the average company (£2.3m)
- Millhill Properties [lewes] Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (3.1%)
- Millhill Properties [lewes] Limited
3.1% - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)
- Millhill Properties [lewes] Limited
25.9% - Industry AVG
Profitability
an operating margin of 7.6% make it as profitable than the average company (7.4%)
- Millhill Properties [lewes] Limited
7.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
4 - Millhill Properties [lewes] Limited
6 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)
- Millhill Properties [lewes] Limited
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £143.1k, this is less efficient (£291.7k)
- Millhill Properties [lewes] Limited
£291.7k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (27 days)
- Millhill Properties [lewes] Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (30 days)
- Millhill Properties [lewes] Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 198 days, this is in line with average (168 days)
- Millhill Properties [lewes] Limited
168 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is average cash available to meet short term requirements (12 weeks)
11 weeks - Millhill Properties [lewes] Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.1%, this is a lower level of debt than the average (73.8%)
40.1% - Millhill Properties [lewes] Limited
73.8% - Industry AVG
MILLHILL PROPERTIES [LEWES] LIMITED financials
Millhill Properties [Lewes] Limited's latest turnover from July 2023 is estimated at £572.3 thousand and the company has net assets of £155.4 thousand. According to their latest financial statements, Millhill Properties [Lewes] Limited has 4 employees and maintains cash reserves of £15.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 230,721 | 223,764 | 260,196 | 291,997 | 441,680 | 4,577,228 | 2,546,865 | 2,177 | 0 | 692,299 |
| Trade Debtors | 13,128 | 30,677 | 4,080 | 246 | 0 | 0 | 0 | 0 | 3,749 | 5,496 |
| Group Debtors | 0 | 0 | 2 | 720,002 | 336,002 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 5,335 | 12,522 | 100,438 | 42,690 | 15,708 | 233,778 | 0 | 0 |
| Cash | 15,713 | 862 | 38,207 | 35,708 | 55,997 | 7,945 | 3,578 | 1,223 | 3,953 | 11,744 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 259,562 | 255,303 | 307,820 | 1,060,475 | 934,117 | 4,627,863 | 2,566,151 | 237,178 | 7,702 | 709,539 |
| total assets | 259,562 | 255,303 | 307,820 | 1,060,475 | 934,117 | 4,627,863 | 2,566,151 | 237,178 | 7,702 | 709,539 |
| Bank overdraft | 0 | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 72,951 | 96,857 | 4,142 | 4,334 | 11,236 | 136,489 | 88,494 | 2,612 | 3,029 | 691,493 |
| Group/Directors Accounts | 0 | 0 | 12,010 | 30,010 | 8 | 876,502 | 1,057,996 | 229,996 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 205,816 | 204,198 | 231,188 | 222,916 | 207,203 | 3,033 | 0 | 0 |
| total current liabilities | 72,951 | 96,857 | 231,968 | 238,542 | 242,432 | 1,235,907 | 1,353,693 | 235,641 | 3,029 | 691,493 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 31,247 | 36,124 | 39,167 | 50,000 | 0 | 3,370,147 | 1,197,130 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 31,247 | 36,124 | 39,167 | 50,000 | 0 | 3,370,147 | 1,197,130 | 0 | 0 | 0 |
| total liabilities | 104,198 | 132,981 | 271,135 | 288,542 | 242,432 | 4,606,054 | 2,550,823 | 235,641 | 3,029 | 691,493 |
| net assets | 155,364 | 122,322 | 36,685 | 771,933 | 691,685 | 21,809 | 15,328 | 1,537 | 4,673 | 18,046 |
| total shareholders funds | 155,364 | 122,322 | 36,685 | 771,933 | 691,685 | 21,809 | 15,328 | 1,537 | 4,673 | 18,046 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 6,957 | -36,432 | -31,801 | -149,683 | -4,135,548 | 2,030,363 | 2,544,688 | 2,177 | -692,299 | 692,299 |
| Debtors | -17,549 | 21,260 | -723,353 | 296,330 | 393,750 | 26,982 | -218,070 | 230,029 | -1,747 | 5,496 |
| Creditors | -23,906 | 92,715 | -192 | -6,902 | -125,253 | 47,995 | 85,882 | -417 | -688,464 | 691,493 |
| Accruals and Deferred Income | 0 | -205,816 | 1,618 | -26,990 | 8,272 | 15,713 | 204,170 | 3,033 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -12,010 | -18,000 | 30,002 | -876,494 | -181,494 | 828,000 | 229,996 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | -4,877 | -3,043 | -10,833 | 50,000 | -3,370,147 | 2,173,017 | 1,197,130 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 14,851 | -37,345 | 2,499 | -20,289 | 48,052 | 4,367 | 2,355 | -2,730 | -7,791 | 11,744 |
| overdraft | 0 | -10,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 14,851 | -27,345 | -7,501 | -20,289 | 48,052 | 4,367 | 2,355 | -2,730 | -7,791 | 11,744 |
millhill properties [lewes] limited Credit Report and Business Information
Millhill Properties [lewes] Limited Competitor Analysis
Perform a competitor analysis for millhill properties [lewes] limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
millhill properties [lewes] limited Ownership
MILLHILL PROPERTIES [LEWES] LIMITED group structure
Millhill Properties [Lewes] Limited has no subsidiary companies.
Ultimate parent company
MILLHILL PROPERTIES [LEWES] LIMITED
08593880
millhill properties [lewes] limited directors
Millhill Properties [Lewes] Limited currently has 3 directors. The longest serving directors include Mr Howard Redhouse (Jul 2013) and Mr Ian Corke (Jul 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Howard Redhouse | United Kingdom | 53 years | Jul 2013 | - | Director |
| Mr Ian Corke | United Kingdom | 83 years | Jul 2013 | - | Director |
| Mr Jeremy Richardson | 60 years | Jul 2013 | - | Director |
P&L
July 2023turnover
572.3k
-15%
operating profit
43.6k
0%
gross margin
25.9%
+6.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
155.4k
+0.27%
total assets
259.6k
+0.02%
cash
15.7k
+17.23%
net assets
Total assets minus all liabilities
millhill properties [lewes] limited company details
company number
08593880
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 2013
age
11
accounts
Total Exemption Full
ultimate parent company
previous names
millhill properties (westcliff) ltd (February 2017)
incorporated
UK
address
park house park farm, bradbourne lane, ditton, kent, ME20 6SN
last accounts submitted
July 2023
millhill properties [lewes] 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 4 charges/mortgages relating to millhill properties [lewes] limited. Currently there are 0 open charges and 4 have been satisfied in the past.
millhill properties [lewes] limited Companies House Filings - See Documents
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