millhill properties (surrey) limited Company Information
Company Number
09850704
Website
-Registered Address
park house park farm, bradbourne lane, ditton, kent, ME20 6SN
Industry
Development of building projects
Telephone
-
Next Accounts Due
July 2024
Group Structure
View All
Shareholders
milroy developments ltd 50%
berwick holdings ltd 25%
View Allmillhill properties (surrey) limited Estimated Valuation
Pomanda estimates the enterprise value of MILLHILL PROPERTIES (SURREY) LIMITED at £236.2k based on a Turnover of £511.5k and 0.46x industry multiple (adjusted for size and gross margin).
millhill properties (surrey) limited Estimated Valuation
Pomanda estimates the enterprise value of MILLHILL PROPERTIES (SURREY) LIMITED at £335k based on an EBITDA of £92.7k and a 3.62x industry multiple (adjusted for size and gross margin).
millhill properties (surrey) limited Estimated Valuation
Pomanda estimates the enterprise value of MILLHILL PROPERTIES (SURREY) LIMITED at £31.8k based on Net Assets of £23.9k and 1.33x industry multiple (adjusted for liquidity).
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Millhill Properties (surrey) Limited Overview
Millhill Properties (surrey) Limited is a live company located in ditton, ME20 6SN with a Companies House number of 09850704. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2015, it's largest shareholder is milroy developments ltd with a 50% stake. Millhill Properties (surrey) Limited is a young, small sized company, Pomanda has estimated its turnover at £511.5k with declining growth in recent years.
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Millhill Properties (surrey) Limited Health Check
Pomanda's financial health check has awarded Millhill Properties (Surrey) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
3 Strong
![positive_score](/assets/images/scoreRate1.png)
4 Regular
![positive_score](/assets/images/scoreRate0.png)
4 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £511.5k, make it smaller than the average company (£1.9m)
- Millhill Properties (surrey) Limited
£1.9m - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of -49%, show it is growing at a slower rate (1.2%)
- Millhill Properties (surrey) Limited
1.2% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 24.8%, this company has a comparable cost of product (24.8%)
- Millhill Properties (surrey) Limited
24.8% - Industry AVG
![profitability](/assets/images/scoreRate2.png)
Profitability
an operating margin of 18.1% make it more profitable than the average company (11.6%)
- Millhill Properties (surrey) Limited
11.6% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 3 employees, this is below the industry average (6)
3 - Millhill Properties (surrey) Limited
6 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £45.7k, the company has an equivalent pay structure (£45.7k)
- Millhill Properties (surrey) Limited
£45.7k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £170.5k, this is less efficient (£271.3k)
- Millhill Properties (surrey) Limited
£271.3k - Industry AVG
![debtordays](/assets/images/scoreRate1.png)
Debtor Days
it gets paid by customers after 32 days, this is near the average (32 days)
- Millhill Properties (surrey) Limited
32 days - Industry AVG
![creditordays](/assets/images/scoreRate1.png)
Creditor Days
its suppliers are paid after 32 days, this is close to average (31 days)
- Millhill Properties (surrey) Limited
31 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Millhill Properties (surrey) Limited
- - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (14 weeks)
19 weeks - Millhill Properties (surrey) Limited
14 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
Debt Level
it has a ratio of liabilities to total assets of 59.2%, this is a lower level of debt than the average (74.5%)
59.2% - Millhill Properties (surrey) Limited
74.5% - Industry AVG
MILLHILL PROPERTIES (SURREY) LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Millhill Properties (Surrey) Limited's latest turnover from October 2022 is estimated at £511.5 thousand and the company has net assets of £23.9 thousand. According to their latest financial statements, Millhill Properties (Surrey) Limited has 3 employees and maintains cash reserves of £13 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 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 | 3 | 3 | 3 | 3 | 3 | 3 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 523,938 | 2,206,503 | 2,063,196 | 1,410,356 | 1,328,830 | 0 |
Trade Debtors | 45,563 | 18,328 | 127,277 | 31,824 | 4,262 | 6,387 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 12,138 | 26,468 | 8 |
Cash | 12,981 | 28,314 | 0 | 25,903 | 14,579 | 4,472 | 55 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 58,544 | 570,580 | 2,333,780 | 2,120,923 | 1,441,335 | 1,366,157 | 63 |
total assets | 58,544 | 570,580 | 2,333,780 | 2,120,923 | 1,441,335 | 1,366,157 | 63 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 34,641 | 326,299 | 1,061,502 | 1,126,797 | 29,182 | 7,710 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 733,697 | 630,700 | 500 |
total current liabilities | 34,641 | 326,299 | 1,061,502 | 1,126,797 | 762,879 | 638,410 | 500 |
loans | 0 | 0 | 0 | 0 | 754,468 | 754,469 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 295,809 | 1,598,012 | 1,164,376 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 295,809 | 1,598,012 | 1,164,376 | 754,468 | 754,469 | 0 |
total liabilities | 34,641 | 622,108 | 2,659,514 | 2,291,173 | 1,517,347 | 1,392,879 | 500 |
net assets | 23,903 | -51,528 | -325,734 | -170,250 | -76,012 | -26,722 | -437 |
total shareholders funds | 23,903 | -51,528 | -325,734 | -170,250 | -76,012 | -26,722 | -437 |
Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||
Stock | -523,938 | -1,682,565 | 143,307 | 652,840 | 81,526 | 1,328,830 | 0 |
Debtors | 27,235 | -108,949 | 95,453 | 15,424 | -16,455 | 32,847 | 8 |
Creditors | -291,658 | -735,203 | -65,295 | 1,097,615 | 21,472 | 7,710 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | -733,697 | 102,997 | 630,200 | 500 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | -754,468 | -1 | 754,469 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -295,809 | -1,302,203 | 433,636 | 1,164,376 | 0 | 0 | 0 |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | -15,333 | 28,314 | -25,903 | 11,324 | 10,107 | 4,417 | 55 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -15,333 | 28,314 | -25,903 | 11,324 | 10,107 | 4,417 | 55 |
millhill properties (surrey) limited Credit Report and Business Information
Millhill Properties (surrey) Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for millhill properties (surrey) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
millhill properties (surrey) limited Ownership
MILLHILL PROPERTIES (SURREY) LIMITED group structure
Millhill Properties (Surrey) Limited has no subsidiary companies.
Ultimate parent company
MILLHILL PROPERTIES (SURREY) LIMITED
09850704
millhill properties (surrey) limited directors
Millhill Properties (Surrey) Limited currently has 3 directors. The longest serving directors include Mr Howard Redhouse (Oct 2015) and Mr Ian Corke (Oct 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Howard Redhouse | United Kingdom | 53 years | Oct 2015 | - | Director |
Mr Ian Corke | United Kingdom | 83 years | Oct 2015 | - | Director |
Mr Jeremy Richardson | 60 years | Oct 2015 | - | Director |
P&L
October 2022turnover
511.5k
-59%
operating profit
92.7k
0%
gross margin
24.8%
+9.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
23.9k
-1.46%
total assets
58.5k
-0.9%
cash
13k
-0.54%
net assets
Total assets minus all liabilities
millhill properties (surrey) limited company details
company number
09850704
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2015
age
9
accounts
Total Exemption Full
ultimate parent company
previous names
mill hill properties (welwyn) limited (June 2017)
incorporated
UK
address
park house park farm, bradbourne lane, ditton, kent, ME20 6SN
last accounts submitted
October 2022
millhill properties (surrey) 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 millhill properties (surrey) limited.
![charges](/assets/images/company_charges.png)
millhill properties (surrey) limited Companies House Filings - See Documents
date | description | view/download |
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