massey's folly holdings limited
massey's folly holdings limited Company Information
Company Number
09530875
Website
-Registered Address
290 moston lane, manchester, M40 9WB
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
988 days late
Group Structure
View All
Directors
Nicholas Sutton5 Years
Shareholders
ipc developments 100%
massey's folly holdings limited Estimated Valuation
Pomanda estimates the enterprise value of MASSEY'S FOLLY HOLDINGS LIMITED at £1.4m based on a Turnover of £872.5k and 1.59x industry multiple (adjusted for size and gross margin).
massey's folly holdings limited Estimated Valuation
Pomanda estimates the enterprise value of MASSEY'S FOLLY HOLDINGS LIMITED at £241.1k based on an EBITDA of £61.7k and a 3.91x industry multiple (adjusted for size and gross margin).
massey's folly holdings limited Estimated Valuation
Pomanda estimates the enterprise value of MASSEY'S FOLLY HOLDINGS LIMITED at £61.7k based on Net Assets of £50k and 1.23x industry multiple (adjusted for liquidity).
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Massey's Folly Holdings Limited Overview
Massey's Folly Holdings Limited is a live company located in manchester, M40 9WB with a Companies House number of 09530875. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2015, it's largest shareholder is ipc developments with a 100% stake. Massey's Folly Holdings Limited is a young, small sized company, Pomanda has estimated its turnover at £872.5k with rapid growth in recent years.
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Massey's Folly Holdings Limited Health Check
Pomanda's financial health check has awarded Massey'S Folly Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £872.5k, make it in line with the average company (£772.8k)
- Massey's Folly Holdings Limited
£772.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (2.9%)
- Massey's Folly Holdings Limited
2.9% - Industry AVG
Production
with a gross margin of 21.2%, this company has a higher cost of product (68.6%)
- Massey's Folly Holdings Limited
68.6% - Industry AVG
Profitability
an operating margin of 7.1% make it less profitable than the average company (40.2%)
- Massey's Folly Holdings Limited
40.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Massey's Folly Holdings Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.8k, the company has an equivalent pay structure (£38.8k)
- Massey's Folly Holdings Limited
£38.8k - Industry AVG
Efficiency
resulting in sales per employee of £436.3k, this is more efficient (£235.7k)
- Massey's Folly Holdings Limited
£235.7k - Industry AVG
Debtor Days
it gets paid by customers after 104 days, this is later than average (25 days)
- Massey's Folly Holdings Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 106 days, this is slower than average (40 days)
- Massey's Folly Holdings Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Massey's Folly Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - Massey's Folly Holdings Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80%, this is a higher level of debt than the average (63.7%)
80% - Massey's Folly Holdings Limited
63.7% - Industry AVG
MASSEY'S FOLLY HOLDINGS LIMITED financials
Massey'S Folly Holdings Limited's latest turnover from March 2020 is estimated at £872.5 thousand and the company has net assets of £50 thousand. According to their latest financial statements, we estimate that Massey'S Folly Holdings Limited has 2 employees and maintains cash reserves of £11 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 0 | 0 | 0 | ||
| Number Of Employees | 4 | 4 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1 | 1 | 1 | 1 | 1 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 250,000 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 11 | 11 | 11 | 11 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 250,011 | 11 | 11 | 11 | 0 |
| total assets | 250,012 | 12 | 12 | 12 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 200,000 | 0 | 0 | 0 | 0 |
| 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 | 200,000 | 0 | 0 | 0 | 0 |
| 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 | 200,000 | 0 | 0 | 0 | 0 |
| net assets | 50,012 | 12 | 12 | 12 | 1 |
| total shareholders funds | 50,012 | 12 | 12 | 12 | 1 |
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 250,000 | 0 | 0 | 0 | 0 |
| Creditors | 200,000 | 0 | 0 | 0 | 0 |
| 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 | 1 |
| 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 | 11 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 11 | 0 |
massey's folly holdings limited Credit Report and Business Information
Massey's Folly Holdings Limited Competitor Analysis
Perform a competitor analysis for massey's folly holdings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in M40 area or any other competitors across 12 key performance metrics.
massey's folly holdings limited Ownership
MASSEY'S FOLLY HOLDINGS LIMITED group structure
Massey'S Folly Holdings Limited has 1 subsidiary company.
Ultimate parent company
IPC DEVELOPMENTS
#0119754
1 parent
MASSEY'S FOLLY HOLDINGS LIMITED
09530875
1 subsidiary
massey's folly holdings limited directors
Massey'S Folly Holdings Limited currently has 1 director, Mr Nicholas Sutton serving since Feb 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Sutton | England | 55 years | Feb 2019 | - | Director |
P&L
March 2020turnover
872.5k
0%
operating profit
61.7k
0%
gross margin
21.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
50k
+4166.67%
total assets
250k
+20833.33%
cash
11
0%
net assets
Total assets minus all liabilities
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massey's folly holdings limited company details
company number
09530875
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
April 2015
age
9
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
minton development estates limited (September 2017)
last accounts submitted
March 2020
address
290 moston lane, manchester, M40 9WB
accountant
-
auditor
-
massey's folly 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 did not find charges/mortgages relating to massey's folly holdings limited.
massey's folly holdings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
