Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
the beeches checkley, hereford, herefordshire, HR1 4ND
Website
-
mersenne properties limitedEstimated Valuation
£7m
Pomanda estimates the enterprise value of MERSENNE PROPERTIES LIMITED at £7m based on a Turnover of £2m and 3.47x industry multiple (adjusted for size and gross margin).
mersenne properties limitedEstimated Valuation
£6.9m
Pomanda estimates the enterprise value of MERSENNE PROPERTIES LIMITED at £6.9m based on an EBITDA of £1m and a 6.78x industry multiple (adjusted for size and gross margin).
mersenne properties limitedEstimated Valuation
£6.4m
Pomanda estimates the enterprise value of MERSENNE PROPERTIES LIMITED at £6.4m based on Net Assets of £3.6m and 1.75x industry multiple (adjusted for liquidity).
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Mersenne Properties LimitedOverview
Mersenne Properties Limited is a live company located in herefordshire, HR1 4ND with a Companies House number of 09204508. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2014, it's largest shareholder is
mersenne investments ltd
with a 100% stake. Mersenne Properties Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Mersenne Properties Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
2 Regular
4 Weak
Size
annual sales of £2m, make it larger than the average company (£1m)
£2m - Mersenne Properties Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (5.7%)
14% - Mersenne Properties Limited
5.7% - Industry AVG
Production
with a gross margin of 72.3%, this company has a comparable cost of product (72.3%)
72.3% - Mersenne Properties Limited
72.3% - Industry AVG
Profitability
an operating margin of 49.4% make it more profitable than the average company (27.9%)
49.4% - Mersenne Properties Limited
27.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Mersenne Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £34.3k, the company has an equivalent pay structure (£34.3k)
£34.3k - Mersenne Properties Limited
£34.3k - Industry AVG
Efficiency
resulting in sales per employee of £2m, this is more efficient (£198.5k)
£2m - Mersenne Properties Limited
£198.5k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is later than average (31 days)
47 days - Mersenne Properties Limited
31 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mersenne Properties Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mersenne Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 7 weeks, this is less cash available to meet short term requirements (10 weeks)
7 weeks - Mersenne Properties Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.9%, this is a higher level of debt than the average (69%)
78.9% - Mersenne Properties Limited
69% - Industry AVG
MERSENNE PROPERTIES LIMITED financials
EXPORT
Mersenne Properties Limited's latest turnover from September 2024 is estimated at £2 million and the company has net assets of £3.6 million. According to their latest financial statements, Mersenne Properties Limited has 1 employee and maintains cash reserves of £937.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Turnover
2,033,916
1,458,007
1,417,150
1,366,650
1,586,273
1,435,808
497,179
654,821
325,824
Other Income Or Grants
Cost Of Sales
562,616
401,399
403,679
419,072
457,393
443,704
136,700
170,220
86,628
Gross Profit
1,471,300
1,056,608
1,013,471
947,578
1,128,880
992,104
360,479
484,601
239,196
Admin Expenses
465,818
140,834
-824,718
257,319
267,586
360,140
-258,646
183,743
163,097
-31,745
Operating Profit
1,005,482
915,774
1,838,189
690,259
861,294
631,964
619,125
300,858
76,099
31,745
Interest Payable
628,521
643,489
638,175
481,723
445,723
380,125
253,167
127,628
8,980
4,955
Interest Receivable
49,683
109,141
43,984
558
900
8,945
6,001
2,137
1,290
Pre-Tax Profit
426,644
381,425
1,243,998
209,094
416,470
260,784
371,959
175,367
68,409
26,790
Tax
-106,661
-95,356
-236,360
-39,728
-79,129
-49,549
-70,672
-33,320
-13,682
-5,358
Profit After Tax
319,983
286,069
1,007,638
169,366
337,341
211,235
301,287
142,047
54,727
21,432
Dividends Paid
Retained Profit
319,983
286,069
1,007,638
169,366
337,341
211,235
301,287
142,047
54,727
21,432
Employee Costs
34,255
31,920
30,644
28,401
27,762
286,188
109,521
155,955
79,800
26,555
Number Of Employees
1
1
1
1
1
10
4
6
3
1
EBITDA*
1,014,941
927,954
1,853,867
711,162
873,100
632,407
619,125
300,858
76,099
31,745
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Tangible Assets
28,377
36,540
47,035
62,713
35,419
1,329
Intangible Assets
Investments & Other
15,960,001
15,860,001
16,085,001
19,715,001
18,075,000
14,031,849
12,076,612
11,127,510
3,674,372
476,045
Debtors (Due After 1 year)
Total Fixed Assets
15,988,378
15,896,541
16,132,036
19,777,714
18,110,419
14,033,178
12,076,612
11,127,510
3,674,372
476,045
Stock & work in progress
2,081,940
34,624
809,316
1,063,245
Trade Debtors
264,653
250,211
258,200
264,080
277,183
112,137
60,701
70,281
27,563
Group Debtors
Misc Debtors
109,668
40,928
56,659
201,809
65,440
409,630
29,256
49,360
202,987
1,157
Cash
937,477
1,049,844
3,107,890
801,754
313,312
1,485,745
899,481
700,775
1,008,444
23,616
misc current assets
2,641
total current assets
1,314,439
1,340,983
3,422,749
1,267,643
655,935
4,089,452
1,024,062
1,629,732
2,302,239
24,773
total assets
17,302,817
17,237,524
19,554,785
21,045,357
18,766,354
18,122,630
13,100,674
12,757,242
5,976,611
500,818
Bank overdraft
2,006,600
206,600
1,611,060
92,167
184,334
40,334
Bank loan
240,000
3,407,650
134,600
Trade Creditors
1,145
3,879
1,271
25,950
397,056
24,617
2,323
872
1,600
Group/Directors Accounts
5,984,299
8,334,299
9,144,399
9,744,399
9,744,399
9,174,399
8,524,399
8,524,399
5,564,399
459,999
other short term finances
hp & lease commitments
other current liabilities
432,025
395,935
476,090
353,959
368,037
241,420
305,248
207,049
47,805
17,786
total current liabilities
6,656,324
12,139,029
9,758,968
12,106,229
10,344,986
11,423,935
8,946,431
8,918,105
5,653,410
479,385
loans
6,480,000
1,300,000
6,597,550
6,732,150
6,848,850
5,947,364
3,612,374
3,612,374
247,041
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
518,126
494,907
334,039
284,871
158,628
20,602
22,375
8,556
total long term liabilities
6,998,126
1,794,907
6,931,589
7,017,021
7,007,478
5,967,966
3,634,749
3,620,930
247,041
total liabilities
13,654,450
13,933,936
16,690,557
19,123,250
17,352,464
17,391,901
12,581,180
12,539,035
5,900,451
479,385
net assets
3,648,367
3,303,588
2,864,228
1,922,107
1,413,890
730,729
519,494
218,207
76,160
21,433
total shareholders funds
3,648,367
3,303,588
2,864,228
1,922,107
1,413,890
730,729
519,494
218,207
76,160
21,433
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Operating Activities
Operating Profit
1,005,482
915,774
1,838,189
690,259
861,294
631,964
619,125
300,858
76,099
31,745
Depreciation
9,459
12,180
15,678
20,903
11,806
443
Amortisation
Tax
-106,661
-95,356
-236,360
-39,728
-79,129
-49,549
-70,672
-33,320
-13,682
-5,358
Stock
-2,081,940
2,047,316
-774,692
-253,929
1,063,245
Debtors
83,182
-23,720
-151,030
123,266
-179,144
431,810
-29,684
-110,909
229,393
1,157
Creditors
-1,145
-2,734
2,608
-24,679
-371,106
372,439
22,294
1,451
-728
1,600
Accruals and Deferred Income
36,090
-80,155
122,131
-14,078
126,617
-63,828
98,199
159,244
30,019
17,786
Deferred Taxes & Provisions
23,219
160,868
49,168
126,243
138,026
-1,773
13,819
8,556
Cash flow from operations
883,262
934,297
1,942,444
635,654
2,948,592
-1,589,430
1,487,141
801,627
-1,200,930
44,616
Investing Activities
capital expenditure
-1,296
-1,685
-48,197
-45,896
-1,772
Change in Investments
100,000
-225,000
-3,630,000
1,640,001
4,043,151
1,955,237
949,102
7,453,138
3,198,327
476,045
cash flow from investments
-101,296
223,315
3,630,000
-1,688,198
-4,089,047
-1,957,009
-949,102
-7,453,138
-3,198,327
-476,045
Financing Activities
Bank loans
-3,167,650
3,273,050
134,600
Group/Directors Accounts
-2,350,000
-810,100
-600,000
570,000
650,000
2,960,000
5,104,400
459,999
Other Short Term Loans
Long term loans
5,180,000
-5,297,550
-134,600
-116,700
901,486
2,334,990
3,365,333
247,041
Hire Purchase and Lease Commitments
other long term liabilities
share issue
24,796
153,291
-65,517
338,851
345,820
1
interest
-578,838
-534,348
-594,191
-481,165
-444,823
-371,180
-247,166
-125,491
-7,690
-4,955
cash flow from financing
-891,692
-3,215,657
-1,259,708
-259,014
1,372,483
2,613,810
-247,166
6,199,842
5,343,751
455,045
cash and cash equivalents
cash
-112,367
-2,058,046
2,306,136
488,442
-1,172,433
586,264
198,706
-307,669
984,828
23,616
overdraft
-2,006,600
1,800,000
-1,404,460
1,518,893
-92,167
144,000
40,334
change in cash
-112,367
-2,058,046
4,312,736
-1,311,558
232,027
-932,629
290,873
-451,669
944,494
23,616
mersenne properties limited 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 mersenne properties limited. Get real-time insights into mersenne properties limited's credit score, group structure and payment trends.
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mersenne properties limited Ownership
MERSENNE PROPERTIES LIMITED group structure
Mersenne Properties Limited has no subsidiary companies.
The sole shareholder of Mersenne Properties Limited is Mersenne Investments Ltd.
mersenne investments ltd
100%
mersenne properties limited directors
Mersenne Properties Limited currently has 2 directors.
The longest serving directors include
Mr Richard Laing (Sep 2014) and
Mrs Samantha Laing (Oct 2017).
the beeches checkley, hereford, herefordshire, HR1 4ND
Bank
-
Legal Advisor
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mersenne properties 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 19 charges/mortgages relating to mersenne properties limited. Currently there are 5 open charges and 14 have been satisfied in the past.
mersenne properties 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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mersenne properties limitedCompanies House Filings - See Documents
