homes meyer property ltd

Live EstablishedMicro

homes meyer property ltd Company Information

Share HOMES MEYER PROPERTY LTD

Company Number

08867255

Directors

Neeraj Takiar

Shareholders

neeraj takiar

Group Structure

View All

Industry

Buying and selling of own real estate

 

Registered Address

suite 6a hadfield house, gordon street, stockport, SK4 1RR

Website

-

homes meyer property ltd Estimated Valuation

£731.6k

Pomanda estimates the enterprise value of HOMES MEYER PROPERTY LTD at £731.6k based on a Turnover of £240.7k and 3.04x industry multiple (adjusted for size and gross margin).

homes meyer property ltd Estimated Valuation

£316.6k

Pomanda estimates the enterprise value of HOMES MEYER PROPERTY LTD at £316.6k based on an EBITDA of £48.6k and a 6.52x industry multiple (adjusted for size and gross margin).

homes meyer property ltd Estimated Valuation

£59.9k

Pomanda estimates the enterprise value of HOMES MEYER PROPERTY LTD at £59.9k based on Net Assets of £38k and 1.58x industry multiple (adjusted for liquidity).

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Homes Meyer Property Ltd Overview

Homes Meyer Property Ltd is a live company located in stockport, SK4 1RR with a Companies House number of 08867255. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in January 2014, it's largest shareholder is neeraj takiar with a 100% stake. Homes Meyer Property Ltd is a established, micro sized company, Pomanda has estimated its turnover at £240.7k with unknown growth in recent years.

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Homes Meyer Property Ltd Health Check

Pomanda's financial health check has awarded Homes Meyer Property Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £240.7k, make it smaller than the average company (£919.3k)

£240.7k - Homes Meyer Property Ltd

£919.3k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Homes Meyer Property Ltd

- - Industry AVG

production

Production

with a gross margin of 70.5%, this company has a comparable cost of product (70.5%)

70.5% - Homes Meyer Property Ltd

70.5% - Industry AVG

profitability

Profitability

an operating margin of 20.2% make it as profitable than the average company (24%)

20.2% - Homes Meyer Property Ltd

24% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Homes Meyer Property Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £38k, the company has an equivalent pay structure (£38k)

£38k - Homes Meyer Property Ltd

£38k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £120.3k, this is less efficient (£185k)

£120.3k - Homes Meyer Property Ltd

£185k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 15 days, this is earlier than average (25 days)

15 days - Homes Meyer Property Ltd

25 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 457 days, this is slower than average (33 days)

457 days - Homes Meyer Property Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Homes Meyer Property Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (8 weeks)

1 weeks - Homes Meyer Property Ltd

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 91.1%, this is a higher level of debt than the average (64.3%)

91.1% - Homes Meyer Property Ltd

64.3% - Industry AVG

HOMES MEYER PROPERTY LTD financials

EXPORTms excel logo

Homes Meyer Property Ltd's latest turnover from December 2023 is estimated at £240.7 thousand and the company has net assets of £38 thousand. According to their latest financial statements, Homes Meyer Property Ltd has 2 employees and maintains cash reserves of £3.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Jun 2021Dec 2019Dec 2018Jan 2018Jan 2017Jan 2016Jan 2015
Turnover240,691286,350116,900271,536151,350232,194
Other Income Or Grants
Cost Of Sales71,08486,53135,05078,93545,43973,945
Gross Profit169,606199,82081,849192,602105,911158,250
Admin Expenses121,018191,25091,252201,740226,876159,738
Operating Profit48,5888,570-9,403-9,138-120,965-1,488
Interest Payable32,71413,81213,16513,165
Interest Receivable9916511944319
Pre-Tax Profit15,973-5,078-9,392-9,044-134,087-14,634
Tax-3,993
Profit After Tax11,980-5,078-9,392-9,044-134,087-14,634
Dividends Paid
Retained Profit11,980-5,078-9,392-9,044-134,087-14,634
Employee Costs76,06175,92373,34170,98281,66777,727
Number Of Employees222222
EBITDA*48,5888,570-9,403-9,138-118,403-1,488

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Jun 2021Dec 2019Dec 2018Jan 2018Jan 2017Jan 2016Jan 2015
Tangible Assets20,574
Intangible Assets
Investments & Other413,842378,6691,031,806620,000
Debtors (Due After 1 year)
Total Fixed Assets413,842378,6691,052,380620,000
Stock & work in progress
Trade Debtors10,12318,91511,743323
Group Debtors
Misc Debtors4,943100
Cash3,3444328,977188,3006,5445,009100100
misc current assets
total current assets13,46719,3478,978190,0436,8679,952100100100
total assets427,309398,0168,978190,0431,059,247629,952100100100
Bank overdraft
Bank loan390,072
Trade Creditors 89,00971,69618,369199,08639,3159,158
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities1,100
total current liabilities89,00971,69618,369199,08639,315400,330
loans290,789290,789
hp & lease commitments
Accruals and Deferred Income
other liabilities739,406113,000
provisions9,5009,50070,93220,274
total long term liabilities300,289300,289810,338133,274
total liabilities389,298371,98518,369199,086849,653533,604
net assets38,01126,031-9,391-9,043209,59496,348100100100
total shareholders funds38,01126,031-9,391-9,043209,59496,348100100100
Dec 2023Dec 2022Dec 2021Jun 2021Dec 2019Dec 2018Jan 2018Jan 2017Jan 2016Jan 2015
Operating Activities
Operating Profit48,5888,570-9,403-9,138-120,965-1,488
Depreciation2,562
Amortisation
Tax-3,993
Stock
Debtors-8,79218,91411,743-4,6204,943100
Creditors17,31353,32718,369199,08630,1579,158
Accruals and Deferred Income-1,1001,100
Deferred Taxes & Provisions9,50050,65820,274
Cash flow from operations70,70052,4838,965188,205-34,06824,101-100
Investing Activities
capital expenditure-23,136
Change in Investments35,173378,669411,806620,000
cash flow from investments-35,173-378,669-434,942-620,000
Financing Activities
Bank loans-390,072390,072
Group/Directors Accounts
Other Short Term Loans
Long term loans290,789
Hire Purchase and Lease Commitments
other long term liabilities626,406113,000
share issue40,50011247,333110,882100
interest-32,615-13,6471194-13,122-13,146
cash flow from financing-32,615317,6421295470,545600,808100
cash and cash equivalents
cash2,912-8,5458,977188,3001,5354,909-100100
overdraft
change in cash2,912-8,5458,977188,3001,5354,909-100100

homes meyer property 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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Homes Meyer Property Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for homes meyer property ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SK4 area or any other competitors across 12 key performance metrics.

homes meyer property ltd Ownership

HOMES MEYER PROPERTY LTD group structure

Homes Meyer Property Ltd has no subsidiary companies.

Ultimate parent company

HOMES MEYER PROPERTY LTD

08867255

HOMES MEYER PROPERTY LTD Shareholders

neeraj takiar 100%

homes meyer property ltd directors

Homes Meyer Property Ltd currently has 1 director, Mr Neeraj Takiar serving since Jan 2014.

officercountryagestartendrole
Mr Neeraj TakiarEngland57 years Jan 2014- Director

P&L

December 2023

turnover

240.7k

-16%

operating profit

48.6k

0%

gross margin

70.5%

+0.98%

turnover

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

Balance Sheet

December 2023

net assets

38k

+0.46%

total assets

427.3k

+0.07%

cash

3.3k

+6.74%

net assets

Total assets minus all liabilities

homes meyer property ltd company details

company number

08867255

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

January 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

raan meyer ltd (April 2021)

raan property management limited (December 2017)

accountant

-

auditor

-

address

suite 6a hadfield house, gordon street, stockport, SK4 1RR

Bank

-

Legal Advisor

-

homes meyer property 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 found 10 charges/mortgages relating to homes meyer property ltd. Currently there are 3 open charges and 7 have been satisfied in the past.

homes meyer property 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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homes meyer property ltd Companies House Filings - See Documents

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