merlin properties limited
merlin properties limited Company Information
Company Number
09339026
Website
www.merlinproperties.comRegistered Address
633 melton road, thurmaston, leicester, LE4 8EB
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01162602600
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
john redmond lynch 27.9%
hubert patrick lynch 14%
View Allmerlin properties limited Estimated Valuation
Pomanda estimates the enterprise value of MERLIN PROPERTIES LIMITED at £15.5m based on a Turnover of £4.4m and 3.54x industry multiple (adjusted for size and gross margin).
merlin properties limited Estimated Valuation
Pomanda estimates the enterprise value of MERLIN PROPERTIES LIMITED at £8.1m based on an EBITDA of £1m and a 7.76x industry multiple (adjusted for size and gross margin).
merlin properties limited Estimated Valuation
Pomanda estimates the enterprise value of MERLIN PROPERTIES LIMITED at £33.1m based on Net Assets of £20.6m and 1.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Merlin Properties Limited Overview
Merlin Properties Limited is a live company located in leicester, LE4 8EB with a Companies House number of 09339026. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2014, it's largest shareholder is john redmond lynch with a 27.9% stake. Merlin Properties Limited is a established, small sized company, Pomanda has estimated its turnover at £4.4m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Merlin Properties Limited Health Check
Pomanda's financial health check has awarded Merlin Properties Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £4.4m, make it larger than the average company (£801.6k)
- Merlin Properties Limited
£801.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (1.9%)
- Merlin Properties Limited
1.9% - Industry AVG
Production
with a gross margin of 74.3%, this company has a comparable cost of product (74.3%)
- Merlin Properties Limited
74.3% - Industry AVG
Profitability
an operating margin of 23.6% make it less profitable than the average company (36.9%)
- Merlin Properties Limited
36.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Merlin Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)
- Merlin Properties Limited
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £1.5m, this is more efficient (£172.7k)
- Merlin Properties Limited
£172.7k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (30 days)
- Merlin Properties Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 395 days, this is slower than average (37 days)
- Merlin Properties Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 717 days, this is more than average (62 days)
- Merlin Properties Limited
62 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (15 weeks)
10 weeks - Merlin Properties Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.4%, this is a lower level of debt than the average (62.7%)
11.4% - Merlin Properties Limited
62.7% - Industry AVG
MERLIN PROPERTIES LIMITED financials
Merlin Properties Limited's latest turnover from March 2023 is estimated at £4.4 million and the company has net assets of £20.6 million. According to their latest financial statements, Merlin Properties Limited has 3 employees and maintains cash reserves of £246.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | 3 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,524 | 21,125 | 27,738 | 34,486 | 41,234 | 47,982 | 54,730 | 55,350 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 20,217,535 | 18,172,809 | 18,502,809 | 18,585,000 | 18,670,900 | 13,867,898 | 13,392,372 | 13,404,820 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 20,232,059 | 18,193,934 | 18,530,547 | 18,619,486 | 18,712,134 | 13,915,880 | 13,447,102 | 13,460,170 |
| Stock & work in progress | 2,219,552 | 1,331,093 | 843,885 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 608,165 | 664,063 | 1,146,296 | 661,732 | 657,873 | 401,493 | 266,913 | 1,659,197 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 246,389 | 48,602 | 179,721 | 1,169,486 | 1,165,320 | 775,030 | 1,218,705 | 253,299 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,074,106 | 2,043,758 | 2,169,902 | 1,831,218 | 1,823,193 | 1,176,523 | 1,485,618 | 1,912,496 |
| total assets | 23,306,165 | 20,237,692 | 20,700,449 | 20,450,704 | 20,535,327 | 15,092,403 | 14,932,720 | 15,372,666 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,222,046 | 1,067,562 | 1,710,630 | 808,282 | 794,995 | 737,985 | 955,849 | 1,280,775 |
| Group/Directors Accounts | 0 | 0 | 0 | 474,000 | 156,000 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,222,046 | 1,067,562 | 1,710,630 | 1,282,282 | 950,995 | 737,985 | 955,849 | 1,280,775 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 38,703 | 89,637 | 139,813 | 189,243 |
| provisions | 1,444,782 | 933,154 | 710,929 | 705,576 | 647,321 | 9,628 | 9,304 | 11,070 |
| total long term liabilities | 1,444,782 | 933,154 | 710,929 | 705,576 | 686,024 | 99,265 | 149,117 | 200,313 |
| total liabilities | 2,666,828 | 2,000,716 | 2,421,559 | 1,987,858 | 1,637,019 | 837,250 | 1,104,966 | 1,481,088 |
| net assets | 20,639,337 | 18,236,976 | 18,278,890 | 18,462,846 | 18,898,308 | 14,255,153 | 13,827,754 | 13,891,578 |
| total shareholders funds | 20,639,337 | 18,236,976 | 18,278,890 | 18,462,846 | 18,898,308 | 14,255,153 | 13,827,754 | 13,891,578 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 6,781 | 6,763 | 6,748 | 6,748 | 6,748 | 6,748 | 6,597 | 6,150 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 888,459 | 487,208 | 843,885 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -55,898 | -482,233 | 484,564 | 3,859 | 256,380 | 134,580 | -1,392,284 | 1,659,197 |
| Creditors | 154,484 | -643,068 | 902,348 | 13,287 | 57,010 | -217,864 | -324,926 | 1,280,775 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 511,628 | 222,225 | 5,353 | 58,255 | 637,693 | 324 | -1,766 | 11,070 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 2,044,726 | -330,000 | -82,191 | -85,900 | 4,803,002 | 475,526 | -12,448 | 13,404,820 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -474,000 | 318,000 | 156,000 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -38,703 | -50,934 | -50,176 | -49,430 | 189,243 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 197,787 | -131,119 | -989,765 | 4,166 | 390,290 | -443,675 | 965,406 | 253,299 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 197,787 | -131,119 | -989,765 | 4,166 | 390,290 | -443,675 | 965,406 | 253,299 |
merlin properties limited Credit Report and Business Information
Merlin Properties Limited Competitor Analysis
Perform a competitor analysis for merlin properties limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
merlin properties limited Ownership
MERLIN PROPERTIES LIMITED group structure
Merlin Properties Limited has no subsidiary companies.
Ultimate parent company
MERLIN PROPERTIES LIMITED
09339026
merlin properties limited directors
Merlin Properties Limited currently has 3 directors. The longest serving directors include Mr Hubert Lynch (Jan 2015) and Mr Richard Lynch (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hubert Lynch | 73 years | Jan 2015 | - | Director | |
| Mr Richard Lynch | 74 years | Jan 2015 | - | Director | |
| Mr John Lynch | United Kingdom | 69 years | Jan 2015 | - | Director |
P&L
March 2023turnover
4.4m
+8%
operating profit
1m
0%
gross margin
74.3%
-0.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
20.6m
+0.13%
total assets
23.3m
+0.15%
cash
246.4k
+4.07%
net assets
Total assets minus all liabilities
Similar Companies
merlin properties limited company details
company number
09339026
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
December 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
633 melton road, thurmaston, leicester, LE4 8EB
last accounts submitted
March 2023
merlin 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 3 charges/mortgages relating to merlin properties limited. Currently there are 3 open charges and 0 have been satisfied in the past.
merlin properties limited Companies House Filings - See Documents
| date | description | view/download |
|---|
