move2let ltd
move2let ltd Company Information
Company Number
09342409
Website
www.2let2u.comRegistered Address
104d church street, swinton, mexborough, S64 8DQ
Industry
Management of real estate on a fee or contract basis
Telephone
01226705047
Next Accounts Due
September 2025
Group Structure
View All
Directors
Ian Clifton9 Years
Shareholders
ian clifton 100%
move2let ltd Estimated Valuation
Pomanda estimates the enterprise value of MOVE2LET LTD at £39.7k based on a Turnover of £32k and 1.24x industry multiple (adjusted for size and gross margin).
move2let ltd Estimated Valuation
Pomanda estimates the enterprise value of MOVE2LET LTD at £0 based on an EBITDA of £-11.7k and a 4.43x industry multiple (adjusted for size and gross margin).
move2let ltd Estimated Valuation
Pomanda estimates the enterprise value of MOVE2LET LTD at £67.1k based on Net Assets of £41k and 1.64x industry multiple (adjusted for liquidity).
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Move2let Ltd Overview
Move2let Ltd is a live company located in mexborough, S64 8DQ with a Companies House number of 09342409. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in December 2014, it's largest shareholder is ian clifton with a 100% stake. Move2let Ltd is a established, micro sized company, Pomanda has estimated its turnover at £32k with declining growth in recent years.
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Move2let Ltd Health Check
Pomanda's financial health check has awarded Move2Let Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £32k, make it smaller than the average company (£1.2m)
- Move2let Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (5.1%)
- Move2let Ltd
5.1% - Industry AVG
Production
with a gross margin of 12.1%, this company has a higher cost of product (44.6%)
- Move2let Ltd
44.6% - Industry AVG
Profitability
an operating margin of -36.5% make it less profitable than the average company (7.6%)
- Move2let Ltd
7.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
1 - Move2let Ltd
11 - Industry AVG
Pay Structure
on an average salary of £45.2k, the company has an equivalent pay structure (£45.2k)
- Move2let Ltd
£45.2k - Industry AVG
Efficiency
resulting in sales per employee of £32k, this is less efficient (£115.3k)
- Move2let Ltd
£115.3k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (33 days)
- Move2let Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 110 days, this is slower than average (28 days)
- Move2let Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Move2let Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Move2let Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.4%, this is a higher level of debt than the average (81.3%)
93.4% - Move2let Ltd
81.3% - Industry AVG
MOVE2LET LTD financials
Move2Let Ltd's latest turnover from December 2023 is estimated at £32 thousand and the company has net assets of £41 thousand. According to their latest financial statements, Move2Let Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 618,712 | 618,712 | 618,712 | 618,712 | 549,101 | 483,293 | 483,293 | 483,293 | 483,293 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 618,712 | 618,712 | 618,712 | 618,712 | 549,101 | 483,293 | 483,293 | 483,293 | 483,293 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,269 | 7,542 | 81,260 | 13,275 | 10,775 | 13,633 | 25,366 | 35,063 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43,566 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,269 | 7,542 | 81,260 | 13,275 | 10,775 | 13,633 | 25,366 | 35,063 | 43,566 |
| total assets | 623,981 | 626,254 | 699,972 | 631,987 | 559,876 | 496,926 | 508,659 | 518,356 | 526,859 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,507 | 6,936 | 5,246 | 17,528 | 20,021 | 28,708 | 17,666 | 3,097 | 1,673 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 8,507 | 6,936 | 5,246 | 17,528 | 20,021 | 28,708 | 17,666 | 3,097 | 1,673 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 3,252 | 1,668 | 1,968 | 960 | 960 | 1,920 | 960 | 5,508 | 0 |
| other liabilities | 571,263 | 565,013 | 645,682 | 569,432 | 499,432 | 429,432 | 464,176 | 497,662 | 526,538 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 574,515 | 566,681 | 647,650 | 570,392 | 500,392 | 431,352 | 465,136 | 503,170 | 526,538 |
| total liabilities | 583,022 | 573,617 | 652,896 | 587,920 | 520,413 | 460,060 | 482,802 | 506,267 | 528,211 |
| net assets | 40,959 | 52,637 | 47,076 | 44,067 | 39,463 | 36,866 | 25,857 | 12,089 | -1,352 |
| total shareholders funds | 40,959 | 52,637 | 47,076 | 44,067 | 39,463 | 36,866 | 25,857 | 12,089 | -1,352 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,273 | -73,718 | 67,985 | 2,500 | -2,858 | -11,733 | -9,697 | 35,063 | 0 |
| Creditors | 1,571 | 1,690 | -12,282 | -2,493 | -8,687 | 11,042 | 14,569 | 1,424 | 1,673 |
| Accruals and Deferred Income | 1,584 | -300 | 1,008 | 0 | -960 | 960 | -4,548 | 5,508 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 6,250 | -80,669 | 76,250 | 70,000 | 70,000 | -34,744 | -33,486 | -28,876 | 526,538 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -43,566 | 43,566 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -43,566 | 43,566 |
move2let ltd Credit Report and Business Information
Move2let Ltd Competitor Analysis
Perform a competitor analysis for move2let ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in S64 area or any other competitors across 12 key performance metrics.
move2let ltd Ownership
MOVE2LET LTD group structure
Move2Let Ltd has no subsidiary companies.
Ultimate parent company
MOVE2LET LTD
09342409
move2let ltd directors
Move2Let Ltd currently has 1 director, Mr Ian Clifton serving since Dec 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Clifton | England | 40 years | Dec 2014 | - | Director |
P&L
December 2023turnover
32k
+2%
operating profit
-11.7k
0%
gross margin
12.1%
+11.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
41k
-0.22%
total assets
624k
0%
cash
0
0%
net assets
Total assets minus all liabilities
move2let ltd company details
company number
09342409
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
December 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
2let2you ltd (February 2020)
2let2you limited (July 2019)
accountant
THORNTONS ACCOUNTING LIMITED
auditor
-
address
104d church street, swinton, mexborough, S64 8DQ
Bank
-
Legal Advisor
-
move2let 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 did not find charges/mortgages relating to move2let ltd.
move2let ltd Companies House Filings - See Documents
| date | description | view/download |
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