merivale estates limited

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merivale estates limited Company Information

Share MERIVALE ESTATES LIMITED
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Company Number

09621384

Website

-

Registered Address

unit 1, prideview place, church road, stanmore, middlesex, HA7 4AA

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Buying and selling of own real estate

 
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Telephone

-

Next Accounts Due

42 days late

Group Structure

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Directors

Priyen Patel8 Years

Vishal Patel8 Years

Shareholders

seema patel 34%

priyen shailesh patel 33%

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merivale estates limited Estimated Valuation

£10.5m

Pomanda estimates the enterprise value of MERIVALE ESTATES LIMITED at £10.5m based on a Turnover of £5.8m and 1.81x industry multiple (adjusted for size and gross margin).

merivale estates limited Estimated Valuation

£382.7k

Pomanda estimates the enterprise value of MERIVALE ESTATES LIMITED at £382.7k based on an EBITDA of £79.8k and a 4.8x industry multiple (adjusted for size and gross margin).

merivale estates limited Estimated Valuation

£595.7k

Pomanda estimates the enterprise value of MERIVALE ESTATES LIMITED at £595.7k based on Net Assets of £367.2k and 1.62x industry multiple (adjusted for liquidity).

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Merivale Estates Limited Overview

Merivale Estates Limited is a live company located in stanmore, HA7 4AA with a Companies House number of 09621384. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 2015, it's largest shareholder is seema patel with a 34% stake. Merivale Estates Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.8m with declining growth in recent years.

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Merivale Estates Limited Health Check

Pomanda's financial health check has awarded Merivale Estates Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £5.8m, make it larger than the average company (£798.8k)

£5.8m - Merivale Estates Limited

£798.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (1.6%)

-6% - Merivale Estates Limited

1.6% - Industry AVG

production

Production

with a gross margin of 23.5%, this company has a higher cost of product (66%)

23.5% - Merivale Estates Limited

66% - Industry AVG

profitability

Profitability

an operating margin of 1.4% make it less profitable than the average company (35.8%)

1.4% - Merivale Estates Limited

35.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (5)

2 - Merivale Estates Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £36k, the company has an equivalent pay structure (£36k)

£36k - Merivale Estates Limited

£36k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.9m, this is more efficient (£144.5k)

£2.9m - Merivale Estates Limited

£144.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 163 days, this is later than average (32 days)

163 days - Merivale Estates Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (35 days)

6 days - Merivale Estates Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Merivale Estates Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Merivale Estates Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 85.8%, this is a higher level of debt than the average (70.3%)

85.8% - Merivale Estates Limited

70.3% - Industry AVG

merivale estates limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Merivale Estates Limited Competitor Analysis

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merivale estates limited Ownership

MERIVALE ESTATES LIMITED group structure

Merivale Estates Limited has no subsidiary companies.

Ultimate parent company

MERIVALE ESTATES LIMITED

09621384

MERIVALE ESTATES LIMITED Shareholders

seema patel 34%
priyen shailesh patel 33%
vishal shailesh patel 33%

merivale estates limited directors

Merivale Estates Limited currently has 2 directors. The longest serving directors include Mr Priyen Patel (Jun 2015) and Mr Vishal Patel (Jun 2015).

officercountryagestartendrole
Mr Priyen PatelUnited Kingdom39 years Jun 2015- Director
Mr Vishal PatelEngland41 years Jun 2015- Director

MERIVALE ESTATES LIMITED financials

EXPORTms excel logo

Merivale Estates Limited's latest turnover from June 2022 is estimated at £5.8 million and the company has net assets of £367.2 thousand. According to their latest financial statements, Merivale Estates Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Turnover5,781,9853,545,9723,181,4577,022,9573,757,0231,958,043431,955
Other Income Or Grants0000000
Cost Of Sales4,423,8812,799,5742,506,0635,446,0552,875,3581,495,852324,434
Gross Profit1,358,105746,399675,3941,576,902881,666462,191107,522
Admin Expenses1,278,327823,928498,4421,416,462815,677445,38958,354
Operating Profit79,778-77,529176,952160,44065,98916,80249,168
Interest Payable0000000
Interest Receivable00000161323
Pre-Tax Profit79,778-77,529176,952160,44065,98916,96349,491
Tax-15,1580-33,621-30,484-12,538-3,223-9,898
Profit After Tax64,620-77,529143,331129,95653,45113,74039,593
Dividends Paid0000000
Retained Profit64,620-77,529143,331129,95653,45113,74039,593
Employee Costs71,99967,91568,851694,005368,712223,90167,674
Number Of Employees222201172
EBITDA*79,778-77,529176,952160,44065,98916,80249,168

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Tangible Assets001,278,2431,153,6681,101,6461,025,8660
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets001,278,2431,153,6681,101,6461,025,8660
Stock & work in progress0000000
Trade Debtors2,588,0621,550,9601,197,7722,012,9811,152,495531,275107,979
Group Debtors0000000
Misc Debtors0000000
Cash000000129,117
misc current assets0000000
total current assets2,588,0621,550,9601,197,7722,012,9811,152,495531,275237,096
total assets2,588,0621,550,9602,476,0153,166,6492,254,1411,557,141237,096
Bank overdraft0000000
Bank loan0000000
Trade Creditors 84,028895,906896,2951,007,682176,740626,875197,403
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities84,028895,906896,2951,007,682176,740626,875197,403
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities2,136,872352,5121,199,6491,922,2271,970,617876,9330
provisions0000000
total long term liabilities2,136,872352,5121,199,6491,922,2271,970,617876,9330
total liabilities2,220,9001,248,4182,095,9442,929,9092,147,3571,503,808197,403
net assets367,162302,542380,071236,740106,78453,33339,693
total shareholders funds367,162302,542380,071236,740106,78453,33339,693
Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Operating Activities
Operating Profit79,778-77,529176,952160,44065,98916,80249,168
Depreciation0000000
Amortisation0000000
Tax-15,1580-33,621-30,484-12,538-3,223-9,898
Stock0000000
Debtors1,037,102353,188-815,209860,486621,220423,296107,979
Creditors-811,878-389-111,387830,942-450,135429,472197,403
Accruals and Deferred Income0000000
Deferred Taxes & Provisions0000000
Cash flow from operations-1,784,360-431,106847,153100,412-1,017,90419,755128,694
Investing Activities
capital expenditure01,278,243-124,575-52,022-75,780-1,025,8660
Change in Investments0000000
cash flow from investments01,278,243-124,575-52,022-75,780-1,025,8660
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities1,784,360-847,137-722,578-48,3901,093,684876,9330
share issue00000-100100
interest00000161323
cash flow from financing1,784,360-847,137-722,578-48,3901,093,684876,994423
cash and cash equivalents
cash00000-129,117129,117
overdraft0000000
change in cash00000-129,117129,117

P&L

June 2022

turnover

5.8m

+63%

operating profit

79.8k

0%

gross margin

23.5%

+11.59%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2022

net assets

367.2k

+0.21%

total assets

2.6m

+0.67%

cash

0

0%

net assets

Total assets minus all liabilities

merivale estates limited company details

company number

09621384

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

68100 - Buying and selling of own real estate

incorporation date

June 2015

age

9

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

unit 1, prideview place, church road, stanmore, middlesex, HA7 4AA

last accounts submitted

June 2022

merivale estates 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 merivale estates limited.

charges

merivale estates limited Companies House Filings - See Documents

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