merlins property development limited
merlins property development limited Company Information
Company Number
09417612
Website
merlinsproperties.comRegistered Address
c/o mclarens penhurst house, 352-356 battersea park road, london, SW11 3BY
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
-
Next Accounts Due
November 2024
Group Structure
View All
Directors
Giles Welch7 Years
Shareholders
giles welch 100%
merlins property development limited Estimated Valuation
Pomanda estimates the enterprise value of MERLINS PROPERTY DEVELOPMENT LIMITED at £20.1m based on a Turnover of £7.6m and 2.66x industry multiple (adjusted for size and gross margin).
merlins property development limited Estimated Valuation
Pomanda estimates the enterprise value of MERLINS PROPERTY DEVELOPMENT LIMITED at £0 based on an EBITDA of £-15.8k and a 5.64x industry multiple (adjusted for size and gross margin).
merlins property development limited Estimated Valuation
Pomanda estimates the enterprise value of MERLINS PROPERTY DEVELOPMENT LIMITED at £0 based on Net Assets of £-714.7k and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Merlins Property Development Limited Overview
Merlins Property Development Limited is a dissolved company that was located in london, SW11 3BY with a Companies House number of 09417612. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2015, it's largest shareholder was giles welch with a 100% stake. The last turnover for Merlins Property Development Limited was estimated at £7.6m.
Upgrade for unlimited company reports & a free credit check
Merlins Property Development Limited Health Check
Pomanda's financial health check has awarded Merlins Property Development Limited a 3.5 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
5 Strong
1 Regular
4 Weak
Size
annual sales of £7.6m, make it larger than the average company (£608.4k)
- Merlins Property Development Limited
£608.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (2.9%)
- Merlins Property Development Limited
2.9% - Industry AVG
Production
with a gross margin of 27.9%, this company has a higher cost of product (70.5%)
- Merlins Property Development Limited
70.5% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (41%)
- Merlins Property Development Limited
41% - Industry AVG
Employees
with 21 employees, this is above the industry average (4)
- Merlins Property Development Limited
4 - Industry AVG
Pay Structure
on an average salary of £28.3k, the company has an equivalent pay structure (£28.3k)
- Merlins Property Development Limited
£28.3k - Industry AVG
Efficiency
resulting in sales per employee of £359.8k, this is more efficient (£149.2k)
- Merlins Property Development Limited
£149.2k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (30 days)
- Merlins Property Development Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 157 days, this is slower than average (31 days)
- Merlins Property Development Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Merlins Property Development Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Merlins Property Development Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 143.8%, this is a higher level of debt than the average (65.8%)
143.8% - Merlins Property Development Limited
65.8% - Industry AVG
MERLINS PROPERTY DEVELOPMENT LIMITED financials
Merlins Property Development Limited's latest turnover from February 2020 is estimated at £7.6 million and the company has net assets of -£714.7 thousand. According to their latest financial statements, we estimate that Merlins Property Development Limited has 21 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 44,319 | 61,205 | 4,225 | 6,337 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 44,319 | 61,205 | 4,225 | 6,337 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 628,116 |
| Trade Debtors | 1,632,781 | 1,632,774 | 1,265,287 | 648,048 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 5,016 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,632,781 | 1,632,774 | 1,265,287 | 648,048 | 633,132 |
| total assets | 1,632,781 | 1,677,093 | 1,326,492 | 652,273 | 639,469 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,347,503 | 2,376,056 | 1,998,378 | 1,094,997 | 811,303 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,347,503 | 2,376,056 | 1,998,378 | 1,094,997 | 811,303 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,347,503 | 2,376,056 | 1,998,378 | 1,094,997 | 811,303 |
| net assets | -714,722 | -698,963 | -671,886 | -442,724 | -171,834 |
| total shareholders funds | -714,722 | -698,963 | -671,886 | -442,724 | -171,834 |
| Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 2,112 | |||
| Amortisation | 0 | 0 | |||
| Tax | |||||
| Stock | 0 | 0 | 0 | -628,116 | 628,116 |
| Debtors | 7 | 367,487 | 617,239 | 648,048 | 0 |
| Creditors | -28,553 | 377,678 | 903,381 | 283,694 | 811,303 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | -5,016 | 5,016 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -5,016 | 5,016 |
merlins property development limited Credit Report and Business Information
Merlins Property Development Limited Competitor Analysis
Perform a competitor analysis for merlins property development limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in SW11 area or any other competitors across 12 key performance metrics.
merlins property development limited Ownership
MERLINS PROPERTY DEVELOPMENT LIMITED group structure
Merlins Property Development Limited has no subsidiary companies.
Ultimate parent company
MERLINS PROPERTY DEVELOPMENT LIMITED
09417612
merlins property development limited directors
Merlins Property Development Limited currently has 1 director, Mr Giles Welch serving since Mar 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Giles Welch | England | 50 years | Mar 2017 | - | Director |
P&L
February 2020turnover
7.6m
+5%
operating profit
-15.8k
0%
gross margin
27.9%
-7.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2020net assets
-714.7k
+0.02%
total assets
1.6m
-0.03%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
merlins property development limited company details
company number
09417612
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
February 2015
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2020
previous names
light blue media limited (February 2015)
accountant
-
auditor
-
address
c/o mclarens penhurst house, 352-356 battersea park road, london, SW11 3BY
Bank
-
Legal Advisor
-
merlins property development 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 did not find charges/mortgages relating to merlins property development limited.
merlins property development limited Companies House Filings - See Documents
| date | description | view/download |
|---|
