the meredith property group limited
the meredith property group limited Company Information
Company Number
09466130
Next Accounts
95 days late
Directors
Shareholders
martini private limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
3 west street, leighton buzzard, LU7 1DA
Website
meredithproperty.comthe meredith property group limited Estimated Valuation
Pomanda estimates the enterprise value of THE MEREDITH PROPERTY GROUP LIMITED at £156.3k based on a Turnover of £284.6k and 0.55x industry multiple (adjusted for size and gross margin).
the meredith property group limited Estimated Valuation
Pomanda estimates the enterprise value of THE MEREDITH PROPERTY GROUP LIMITED at £0 based on an EBITDA of £-280k and a 4.02x industry multiple (adjusted for size and gross margin).
the meredith property group limited Estimated Valuation
Pomanda estimates the enterprise value of THE MEREDITH PROPERTY GROUP LIMITED at £0 based on Net Assets of £-1.4m and 2.13x industry multiple (adjusted for liquidity).
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The Meredith Property Group Limited Overview
The Meredith Property Group Limited is a live company located in leighton buzzard, LU7 1DA with a Companies House number of 09466130. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2015, it's largest shareholder is martini private limited with a 100% stake. The Meredith Property Group Limited is a established, micro sized company, Pomanda has estimated its turnover at £284.6k with declining growth in recent years.
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The Meredith Property Group Limited Health Check
Pomanda's financial health check has awarded The Meredith Property Group Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £284.6k, make it smaller than the average company (£3.1m)
£284.6k - The Meredith Property Group Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4.1%)
-2% - The Meredith Property Group Limited
4.1% - Industry AVG
Production
with a gross margin of 38.7%, this company has a comparable cost of product (38.7%)
38.7% - The Meredith Property Group Limited
38.7% - Industry AVG
Profitability
an operating margin of -98.4% make it less profitable than the average company (6.5%)
-98.4% - The Meredith Property Group Limited
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (20)
2 - The Meredith Property Group Limited
20 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - The Meredith Property Group Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £142.3k, this is equally as efficient (£141.1k)
£142.3k - The Meredith Property Group Limited
£141.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - The Meredith Property Group Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 657 days, this is slower than average (34 days)
657 days - The Meredith Property Group Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Meredith Property Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (27 weeks)
0 weeks - The Meredith Property Group Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 151.3%, this is a higher level of debt than the average (60.4%)
151.3% - The Meredith Property Group Limited
60.4% - Industry AVG
THE MEREDITH PROPERTY GROUP LIMITED financials
The Meredith Property Group Limited's latest turnover from March 2023 is £284.6 thousand and the company has net assets of -£1.4 million. According to their latest financial statements, The Meredith Property Group Limited has 2 employees and maintains cash reserves of £5.4 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 | 284,551 | 119,034 | 332,183 | 299,807 | 260,658 | 256,448 | 92,025 | |
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | -279,973 | -27,516 | -161,647 | 165,103 | 173,265 | 158,877 | -5,019 | -4,320 |
| Interest Payable | 208,358 | 208,150 | 200,719 | 231,544 | 239,324 | 207,813 | 123,965 | 25,410 |
| Interest Receivable | ||||||||
| Pre-Tax Profit | -488,331 | -235,666 | -362,366 | -66,441 | -66,059 | -48,936 | -128,984 | -29,730 |
| Tax | ||||||||
| Profit After Tax | -488,331 | -235,666 | -362,366 | -66,441 | -66,059 | -48,936 | -128,984 | -29,730 |
| Dividends Paid | ||||||||
| Retained Profit | -488,331 | -235,666 | -362,366 | -66,441 | -66,059 | -48,936 | -128,984 | -29,730 |
| Employee Costs | ||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
| EBITDA* | -279,973 | -27,516 | -161,647 | 165,103 | 173,265 | 158,877 | -5,019 | -4,320 |
* 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 | 662 | 904,393 | 1,734,916 | 3,327,295 | 2,993,347 | 3,353,944 | 1,514,073 | |
| Intangible Assets | ||||||||
| Investments & Other | 662 | 904,393 | 1,734,916 | 3,327,295 | 2,993,347 | 3,353,944 | 1,514,073 | |
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 662 | 904,393 | 1,734,916 | 3,327,295 | 2,993,347 | 3,353,944 | 1,514,073 | |
| Stock & work in progress | ||||||||
| Trade Debtors | ||||||||
| Group Debtors | ||||||||
| Misc Debtors | 4,000 | 4,000 | 295,163 | 75,500 | 102,017 | 50,000 | ||
| Cash | 5,362 | 50,638 | 75,026 | 708 | 5,554 | 5,953 | 554,385 | |
| misc current assets | 2,675,891 | 2,002,207 | 1,317,198 | 556,452 | 402,407 | 281,357 | 1,004,264 | |
| total current assets | 2,681,253 | 2,056,845 | 1,396,224 | 557,160 | 703,124 | 362,810 | 1,660,666 | 50,000 |
| total assets | 2,681,915 | 2,961,238 | 3,131,140 | 3,884,455 | 3,696,471 | 3,716,754 | 3,174,739 | 50,000 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 314,348 | 94,103 | 53,891 | 71,401 | 23,412 | 37,930 | 20,173 | 25,410 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 19,400 | 53,783 | 51,376 | 447,961 | 264,670 | 231,012 | 45,744 | 4,320 |
| total current liabilities | 333,748 | 147,886 | 105,267 | 519,362 | 288,082 | 268,942 | 65,917 | 29,730 |
| loans | 7,449,360 | 7,403,068 | 7,356,778 | 7,310,486 | 7,264,196 | 7,210,924 | 6,435,072 | |
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | 3,724,680 | 3,701,534 | 3,678,389 | 3,655,243 | 3,632,098 | 3,605,462 | 3,217,536 | |
| total liabilities | 4,058,428 | 3,849,420 | 3,783,656 | 4,174,605 | 3,920,180 | 3,874,404 | 3,283,453 | 29,730 |
| net assets | -1,376,513 | -888,182 | -652,516 | -290,150 | -223,709 | -157,650 | -108,714 | 20,270 |
| total shareholders funds | -1,376,513 | -888,182 | -652,516 | -290,150 | -223,709 | -157,650 | -108,714 | 20,270 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -279,973 | -27,516 | -161,647 | 165,103 | 173,265 | 158,877 | -5,019 | -4,320 |
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -4,000 | 4,000 | -295,163 | 219,663 | -26,517 | 52,017 | 50,000 | |
| Creditors | 220,245 | 40,212 | -17,510 | 47,989 | -14,518 | 17,757 | -5,237 | 25,410 |
| Accruals and Deferred Income | -34,383 | 2,407 | -396,585 | 183,291 | 33,658 | 185,268 | 41,424 | 4,320 |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | -90,111 | 15,103 | -579,742 | 691,546 | -27,258 | 388,419 | -20,849 | -24,590 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -903,731 | -830,523 | -1,592,379 | 333,948 | -360,597 | 1,839,871 | 1,514,073 | |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | 46,292 | 46,290 | 46,292 | 46,290 | 53,272 | 775,852 | 6,435,072 | |
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | -208,358 | -208,150 | -200,719 | -231,544 | -239,324 | -207,813 | -123,965 | -25,410 |
| cash flow from financing | -162,066 | -161,860 | -154,427 | -185,254 | -186,052 | 568,039 | 6,311,107 | 24,590 |
| cash and cash equivalents | ||||||||
| cash | -45,276 | -24,388 | 74,318 | -4,846 | -399 | -548,432 | 554,385 | |
| overdraft | ||||||||
| change in cash | -45,276 | -24,388 | 74,318 | -4,846 | -399 | -548,432 | 554,385 |
the meredith property group limited Credit Report and Business Information
The Meredith Property Group Limited Competitor Analysis
Perform a competitor analysis for the meredith property group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in LU7 area or any other competitors across 12 key performance metrics.
the meredith property group limited Ownership
THE MEREDITH PROPERTY GROUP LIMITED group structure
The Meredith Property Group Limited has no subsidiary companies.
Ultimate parent company
2 parents
THE MEREDITH PROPERTY GROUP LIMITED
09466130
the meredith property group limited directors
The Meredith Property Group Limited currently has 1 director, Mr Mark Stephen serving since Oct 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Stephen | England | 44 years | Oct 2023 | - | Director |
P&L
March 2023turnover
284.6k
+139%
operating profit
-280k
+917%
gross margin
38.7%
+1.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-1.4m
+0.55%
total assets
2.7m
-0.09%
cash
5.4k
-0.89%
net assets
Total assets minus all liabilities
Similar Companies
the meredith property group limited company details
company number
09466130
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
the meredith property group plc (October 2023)
the meredith property group ltd (May 2015)
accountant
-
auditor
ALEXANDER MYERSON & CO LTD
address
3 west street, leighton buzzard, LU7 1DA
Bank
BARCLAYS BANK PLC
Legal Advisor
-
the meredith property group 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 the meredith property group limited.
the meredith property group 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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the meredith property group limited Companies House Filings - See Documents
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