Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
35 potter street, worksop, S80 2AE
Website
-
millprop ltdEstimated Valuation
£756.8k
Pomanda estimates the enterprise value of MILLPROP LTD at £756.8k based on a Turnover of £314.9k and 2.4x industry multiple (adjusted for size and gross margin).
millprop ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MILLPROP LTD at £0 based on an EBITDA of £-167 and a 4.7x industry multiple (adjusted for size and gross margin).
millprop ltdEstimated Valuation
£133.8k
Pomanda estimates the enterprise value of MILLPROP LTD at £133.8k based on Net Assets of £76.6k and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Millprop LtdOverview
Millprop Ltd is a live company located in worksop, S80 2AE with a Companies House number of 09827728. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2015, it's largest shareholder is
william milligan
with a 50% stake. Millprop Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£314.9k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Millprop Ltd 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
Health Rating3out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £314.9k, make it smaller than the average company (£847.4k)
£314.9k - Millprop Ltd
£847.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (2.9%)
40% - Millprop Ltd
2.9% - Industry AVG
Production
with a gross margin of 30.1%, this company has a higher cost of product (73%)
30.1% - Millprop Ltd
73% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (27.1%)
0% - Millprop Ltd
27.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Millprop Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)
£31.9k - Millprop Ltd
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £314.9k, this is more efficient (£180.3k)
£314.9k - Millprop Ltd
£180.3k - Industry AVG
Debtor Days
it gets paid by customers after 103 days, this is later than average (32 days)
103 days - Millprop Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (35 days)
17 days - Millprop Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Millprop Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Millprop Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.4%, this is a lower level of debt than the average (67.7%)
14.4% - Millprop Ltd
67.7% - Industry AVG
MILLPROP LTD financials
EXPORT
Millprop Ltd's latest turnover from October 2023 is estimated at £314.9 thousand and the company has net assets of £76.6 thousand. According to their latest financial statements, we estimate that Millprop Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Turnover
314,942
336,269
385,976
115,694
27,899
25,537
12,026
32,659
Other Income Or Grants
Cost Of Sales
220,223
239,354
282,005
82,724
19,827
18,104
8,243
22,010
Gross Profit
94,719
96,915
103,970
32,970
8,072
7,433
3,783
10,649
Admin Expenses
94,886
97,056
94,880
44,178
3,155
4,726
-92,228
13,818
Operating Profit
-167
-141
9,090
-11,208
4,917
2,707
96,011
-3,169
Interest Payable
Interest Receivable
2
2
Pre-Tax Profit
-167
-141
9,090
-11,208
4,917
2,707
96,012
-3,168
Tax
-1,727
-934
-514
-18,242
Profit After Tax
-167
-141
7,363
-11,208
3,983
2,193
77,770
-3,168
Dividends Paid
Retained Profit
-167
-141
7,363
-11,208
3,983
2,193
77,770
-3,168
Employee Costs
31,920
30,541
56,347
27,414
28,155
26,851
25,715
26,206
Number Of Employees
1
1
2
1
1
1
1
1
EBITDA*
-167
-141
9,090
-11,208
4,917
2,707
96,011
-3,169
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Tangible Assets
272,248
273,350
273,462
274,779
206,000
Intangible Assets
70,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
272,248
273,350
273,462
274,779
276,000
Stock & work in progress
Trade Debtors
89,534
94,005
114,726
26,956
2,131
3,107
620
Group Debtors
Misc Debtors
Cash
1,202
misc current assets
total current assets
89,534
94,005
114,726
26,956
2,131
3,107
620
1,202
total assets
89,534
94,005
114,726
299,204
275,481
276,569
275,399
277,202
Bank overdraft
Bank loan
Trade Creditors
10,326
13,630
33,210
33,947
50,601
45,953
38,050
38,303
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
10,326
13,630
33,210
33,947
50,601
45,953
38,050
38,303
loans
hp & lease commitments
Accruals and Deferred Income
338
other liabilities
2,583
3,583
4,583
195,687
144,102
153,483
162,747
172,067
provisions
total long term liabilities
2,583
3,583
4,583
195,687
144,102
153,821
162,747
172,067
total liabilities
12,909
17,213
37,793
229,634
194,703
199,774
200,797
210,370
net assets
76,625
76,792
76,933
69,570
80,778
76,795
74,602
66,832
total shareholders funds
76,625
76,792
76,933
69,570
80,778
76,795
74,602
66,832
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Operating Activities
Operating Profit
-167
-141
9,090
-11,208
4,917
2,707
96,011
-3,169
Depreciation
Amortisation
Tax
-1,727
-934
-514
-18,242
Stock
Debtors
-4,471
-20,721
87,770
24,825
-976
2,487
620
Creditors
-3,304
-19,580
-737
-16,654
4,648
7,903
-253
38,303
Accruals and Deferred Income
-338
338
Deferred Taxes & Provisions
Cash flow from operations
1,000
1,000
-81,144
-52,687
9,269
7,947
76,896
35,134
Investing Activities
capital expenditure
272,248
1,102
112
1,317
1,221
-276,000
Change in Investments
cash flow from investments
272,248
1,102
112
1,317
1,221
-276,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-1,000
-1,000
-191,104
51,585
-9,381
-9,264
-9,320
172,067
share issue
-70,000
70,000
interest
2
2
cash flow from financing
-1,000
-1,000
-191,104
51,585
-9,381
-9,264
-79,318
242,069
cash and cash equivalents
cash
-1,202
1,202
overdraft
change in cash
-1,202
1,202
millprop ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for millprop ltd. Get real-time insights into millprop ltd's credit score, group structure and payment trends.
Perform a competitor analysis for millprop ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in S80 area or any other competitors across 12 key performance metrics.
millprop ltd Ownership
MILLPROP LTD group structure
Millprop Ltd has no subsidiary companies.
Ultimate parent company
MILLPROP LTD
09827728
MILLPROP LTD Shareholders
The largest shareholders in Millprop Ltd include William Milligan and Lesley Milligan.
william milligan
50%
lesley milligan
50%
millprop ltd directors
Millprop Ltd currently has 2 directors.
The longest serving directors include
Mrs Lesley Milligan (Oct 2015) and
Mr William Milligan (Oct 2015).
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
October 2015
age
10
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
35 potter street, worksop, S80 2AE
Bank
-
Legal Advisor
-
millprop 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 found 4 charges/mortgages relating to millprop ltd. Currently there are 2 open charges and 2 have been satisfied in the past.
millprop ltd 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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millprop ltdCompanies House Filings - See Documents
