manchester property development holdings limited

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manchester property development holdings limited Company Information

Share MANCHESTER PROPERTY DEVELOPMENT HOLDINGS LIMITED

Company Number

09328893

Shareholders

stephen beech

Group Structure

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Industry

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

c/o williamson & croft llp, york house, manchester, M2 3BB

manchester property development holdings limited Estimated Valuation

£4.3m

Pomanda estimates the enterprise value of MANCHESTER PROPERTY DEVELOPMENT HOLDINGS LIMITED at £4.3m based on a Turnover of £1.3m and 3.32x industry multiple (adjusted for size and gross margin).

manchester property development holdings limited Estimated Valuation

£881.3k

Pomanda estimates the enterprise value of MANCHESTER PROPERTY DEVELOPMENT HOLDINGS LIMITED at £881.3k based on an EBITDA of £132k and a 6.67x industry multiple (adjusted for size and gross margin).

manchester property development holdings limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MANCHESTER PROPERTY DEVELOPMENT HOLDINGS LIMITED at £0 based on Net Assets of £-4m and 1.76x industry multiple (adjusted for liquidity).

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Manchester Property Development Holdings Limited Overview

Manchester Property Development Holdings Limited is a live company located in manchester, M2 3BB with a Companies House number of 09328893. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2014, it's largest shareholder is stephen beech with a 100% stake. Manchester Property Development Holdings Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with rapid growth in recent years.

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Manchester Property Development Holdings Limited Health Check

Pomanda's financial health check has awarded Manchester Property Development Holdings Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £1.3m, make it larger than the average company (£851.7k)

£1.3m - Manchester Property Development Holdings Limited

£851.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (2.8%)

53% - Manchester Property Development Holdings Limited

2.8% - Industry AVG

production

Production

with a gross margin of 72.3%, this company has a comparable cost of product (72.3%)

72.3% - Manchester Property Development Holdings Limited

72.3% - Industry AVG

profitability

Profitability

an operating margin of 5.3% make it less profitable than the average company (27.2%)

5.3% - Manchester Property Development Holdings Limited

27.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Manchester Property Development Holdings Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)

£31.9k - Manchester Property Development Holdings Limited

£31.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.3m, this is more efficient (£181.4k)

£1.3m - Manchester Property Development Holdings Limited

£181.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 23 days, this is earlier than average (33 days)

23 days - Manchester Property Development Holdings Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1287 days, this is slower than average (34 days)

1287 days - Manchester Property Development Holdings Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Manchester Property Development Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)

0 weeks - Manchester Property Development Holdings Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 127.9%, this is a higher level of debt than the average (67.9%)

127.9% - Manchester Property Development Holdings Limited

67.9% - Industry AVG

MANCHESTER PROPERTY DEVELOPMENT HOLDINGS LIMITED financials

EXPORTms excel logo

Manchester Property Development Holdings Limited's latest turnover from September 2023 is estimated at £1.3 million and the company has net assets of -£4 million. According to their latest financial statements, Manchester Property Development Holdings Limited has 1 employee and maintains cash reserves of £91 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Mar 2019Mar 2018Mar 2017Mar 2016
Turnover1,281,399393,664196,165356,8281,079,994562,351427,403200,289
Other Income Or Grants00000000
Cost Of Sales354,486111,97660,309102,372287,443140,902107,77056,656
Gross Profit926,913281,687135,856254,456792,551421,448319,632143,633
Admin Expenses858,776239,640-25,801,7589,229,5022,991,3131,807,590620,795-249,477
Operating Profit68,13742,04725,937,614-8,975,046-2,198,762-1,386,142-301,163393,110
Interest Payable1,081,157793,7971,408,1532,764,8533,436,8172,308,824896,535174,728
Interest Receivable4,9371,7302924409744347103
Pre-Tax Profit-1,008,083-750,02024,529,489-11,739,875-5,635,169-3,694,222-1,197,351218,485
Tax00-4,660,6030000-43,697
Profit After Tax-1,008,083-750,02019,868,886-11,739,875-5,635,169-3,694,222-1,197,351174,788
Dividends Paid00000000
Retained Profit-1,008,083-750,02019,868,886-11,739,875-5,635,169-3,694,222-1,197,351174,788
Employee Costs31,92030,57928,44283,2860130,032102,32452,493
Number Of Employees11132542
EBITDA*132,03592,30325,978,628-8,975,046-2,144,018-1,327,446-241,719405,213

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Mar 2019Mar 2018Mar 2017Mar 2016
Tangible Assets642,505606,207594,846635,860785,870787,659846,355597,945
Intangible Assets00000000
Investments & Other1,203,2861,203,2861,203,2861,203,2801,203,8871,203,887354,254353,853
Debtors (Due After 1 year)00000000
Total Fixed Assets1,845,7911,809,4931,798,1321,839,1401,989,7571,991,5461,200,609951,798
Stock & work in progress00000000
Trade Debtors82,12738,92728,24000000
Group Debtors7,514,4557,424,0517,090,90518,651,67342,883,22150,436,68522,692,1164,984,623
Misc Debtors4,760,2324,410,3914,146,3604,547,7545,536,385705,0651,469,5061,526,313
Cash91,03597,04056,72055247,98961,153236,43041,242
misc current assets00000000
total current assets12,447,84911,970,40911,322,22523,199,97948,467,59551,202,90324,398,0526,552,178
total assets14,293,64013,779,90213,120,35725,039,11950,457,35253,194,44925,598,6617,503,976
Bank overdraft00000000
Bank loan00000000
Trade Creditors 1,250,241244,83528,299101,356841,460238,902202,45680,661
Group/Directors Accounts521,664388,1445818,004,2805,005,2269,707,8322,811,5921,850,814
other short term finances000000014,398
hp & lease commitments00000000
other current liabilities6,903,1756,497,2805,691,8142,477,310858,059236,234293,89421,060
total current liabilities8,675,0807,130,2595,720,69410,582,9466,704,74510,182,9683,307,9421,966,933
loans9,598,7839,621,7839,621,78336,547,17954,103,73847,727,86323,312,8795,361,852
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities9,598,7839,621,7839,621,78336,547,17954,103,73847,727,86323,312,8795,361,852
total liabilities18,273,86316,752,04215,342,47747,130,12560,808,48357,910,83126,620,8217,328,785
net assets-3,980,223-2,972,140-2,222,120-22,091,006-10,351,131-4,716,382-1,022,160175,191
total shareholders funds-3,980,223-2,972,140-2,222,120-22,091,006-10,351,131-4,716,382-1,022,160175,191
Sep 2023Sep 2022Sep 2021Sep 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating Activities
Operating Profit68,13742,04725,937,614-8,975,046-2,198,762-1,386,142-301,163393,110
Depreciation63,89850,25641,014054,74458,69659,44412,103
Amortisation00000000
Tax00-4,660,6030000-43,697
Stock00000000
Debtors483,445607,864-11,933,922-25,220,179-2,722,14426,980,12817,650,6866,510,936
Creditors1,005,406216,536-73,057-740,104602,55836,446121,79580,661
Accruals and Deferred Income405,895805,4663,214,5041,619,251621,825-57,660272,83421,060
Deferred Taxes & Provisions00000000
Cash flow from operations1,059,891506,44136,393,39417,124,2801,802,509-28,328,788-17,497,776-6,047,699
Investing Activities
capital expenditure-100,196-61,6170150,010-52,9550-307,854-610,048
Change in Investments006-6070849,633401353,853
cash flow from investments-100,196-61,617-6150,617-52,955-849,633-308,255-963,901
Financing Activities
Bank loans00000000
Group/Directors Accounts133,520387,563-8,003,6992,999,054-4,702,6066,896,240960,7781,850,814
Other Short Term Loans 000000-14,39814,398
Long term loans-23,0000-26,925,396-17,556,5596,375,87524,414,98417,951,0275,361,852
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue000042000403
interest-1,076,220-792,067-1,408,124-2,764,829-3,436,408-2,308,080-896,188-174,625
cash flow from financing-965,700-404,504-36,337,219-17,322,334-1,762,71929,003,14418,001,2197,052,842
cash and cash equivalents
cash-6,00540,32056,168-47,437-13,164-175,277195,18841,242
overdraft00000000
change in cash-6,00540,32056,168-47,437-13,164-175,277195,18841,242

manchester property development holdings limited 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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Manchester Property Development Holdings Limited Competitor Analysis

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Perform a competitor analysis for manchester property development holdings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in M 2 area or any other competitors across 12 key performance metrics.

manchester property development holdings limited Ownership

manchester property development holdings limited directors

Manchester Property Development Holdings Limited currently has 2 directors. The longest serving directors include Mr Stephen Beech (Nov 2014) and Mr James McKelvey (Mar 2020).

officercountryagestartendrole
Mr Stephen BeechEngland47 years Nov 2014- Director
Mr James McKelveyEngland57 years Mar 2020- Director

P&L

September 2023

turnover

1.3m

+226%

operating profit

68.1k

0%

gross margin

72.4%

+1.09%

turnover

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

Balance Sheet

September 2023

net assets

-4m

+0.34%

total assets

14.3m

+0.04%

cash

91k

-0.06%

net assets

Total assets minus all liabilities

manchester property development holdings limited company details

company number

09328893

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

November 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

beech holdings (manchester) limited (July 2020)

accountant

WILLIAMSON & CROFT AUDIT LTD

auditor

-

address

c/o williamson & croft llp, york house, manchester, M2 3BB

Bank

-

Legal Advisor

-

manchester property development holdings 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 6 charges/mortgages relating to manchester property development holdings limited. Currently there are 0 open charges and 6 have been satisfied in the past.

manchester property development holdings 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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manchester property development holdings limited Companies House Filings - See Documents

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