mayet estates ltd
mayet estates ltd Company Information
Company Number
09996459
Next Accounts
Feb 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
zulekha mayet
Group Structure
View All
Contact
Registered Address
82 london road, blackburn, BB1 7LR
Website
www.mayetestates.co.ukmayet estates ltd Estimated Valuation
Pomanda estimates the enterprise value of MAYET ESTATES LTD at £1.5m based on a Turnover of £428.6k and 3.47x industry multiple (adjusted for size and gross margin).
mayet estates ltd Estimated Valuation
Pomanda estimates the enterprise value of MAYET ESTATES LTD at £61.5k based on an EBITDA of £9k and a 6.86x industry multiple (adjusted for size and gross margin).
mayet estates ltd Estimated Valuation
Pomanda estimates the enterprise value of MAYET ESTATES LTD at £9.4k based on Net Assets of £5.5k and 1.71x industry multiple (adjusted for liquidity).
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Mayet Estates Ltd Overview
Mayet Estates Ltd is a live company located in blackburn, BB1 7LR with a Companies House number of 09996459. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2016, it's largest shareholder is zulekha mayet with a 100% stake. Mayet Estates Ltd is a young, micro sized company, Pomanda has estimated its turnover at £428.6k with rapid growth in recent years.
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Mayet Estates Ltd Health Check
Pomanda's financial health check has awarded Mayet Estates Ltd a 3 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
3 Strong
3 Regular
4 Weak
Size
annual sales of £428.6k, make it smaller than the average company (£829.8k)
- Mayet Estates Ltd
£829.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (2.2%)
- Mayet Estates Ltd
2.2% - Industry AVG
Production
with a gross margin of 72.4%, this company has a comparable cost of product (72.4%)
- Mayet Estates Ltd
72.4% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (26.9%)
- Mayet Estates Ltd
26.9% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Mayet Estates Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Mayet Estates Ltd
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £107.2k, this is less efficient (£178k)
- Mayet Estates Ltd
£178k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mayet Estates Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (35 days)
- Mayet Estates Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mayet Estates Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 53 weeks, this is more cash available to meet short term requirements (13 weeks)
53 weeks - Mayet Estates Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.8%, this is a higher level of debt than the average (67.3%)
90.8% - Mayet Estates Ltd
67.3% - Industry AVG
MAYET ESTATES LTD financials
Mayet Estates Ltd's latest turnover from May 2023 is estimated at £428.6 thousand and the company has net assets of £5.5 thousand. According to their latest financial statements, Mayet Estates Ltd has 4 employees and maintains cash reserves of £43 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 4 | 3 | 3 | 2 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 16,354 | 6,754 | 3,945 | 4,641 | 5,460 | 1,425 | 1,738 |
| 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 | 16,354 | 6,754 | 3,945 | 4,641 | 5,460 | 1,425 | 1,738 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 666 | 2,652 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 42,991 | 40,483 | 37,991 | 23,404 | 7,448 | 2,631 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 42,991 | 40,483 | 37,991 | 23,404 | 7,448 | 3,297 | 2,652 |
| total assets | 59,345 | 47,237 | 41,936 | 28,045 | 12,908 | 4,722 | 4,390 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,994 | 19,166 | 15,433 | 9,277 | 4,919 | 1,075 | 4,215 |
| 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 | 20,888 | 14,068 | 0 | 10,078 | 7,335 | 3,042 | 0 |
| total current liabilities | 41,882 | 33,234 | 15,433 | 19,355 | 12,254 | 4,117 | 4,215 |
| loans | 11,992 | 13,855 | 14,400 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 11,992 | 13,855 | 14,400 | 0 | 0 | 0 | 0 |
| total liabilities | 53,874 | 47,089 | 29,833 | 19,355 | 12,254 | 4,117 | 4,215 |
| net assets | 5,471 | 148 | 12,103 | 8,690 | 654 | 605 | 175 |
| total shareholders funds | 5,471 | 148 | 12,103 | 8,690 | 654 | 605 | 175 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 2,400 | 696 | 819 | 965 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | -666 | -1,986 | 2,652 |
| Creditors | 1,828 | 3,733 | 6,156 | 4,358 | 3,844 | -3,140 | 4,215 |
| Accruals and Deferred Income | 6,820 | 14,068 | -10,078 | 2,743 | 4,293 | 3,042 | 0 |
| 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 | -1,863 | -545 | 14,400 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 2,508 | 2,492 | 14,587 | 15,956 | 4,817 | 2,631 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,508 | 2,492 | 14,587 | 15,956 | 4,817 | 2,631 | 0 |
mayet estates ltd Credit Report and Business Information
Mayet Estates Ltd Competitor Analysis
Perform a competitor analysis for mayet estates ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BB1 area or any other competitors across 12 key performance metrics.
mayet estates ltd Ownership
MAYET ESTATES LTD group structure
Mayet Estates Ltd has no subsidiary companies.
Ultimate parent company
MAYET ESTATES LTD
09996459
mayet estates ltd directors
Mayet Estates Ltd currently has 1 director, Zulekha Mayet serving since Feb 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Zulekha Mayet | 53 years | Feb 2016 | - | Director |
P&L
May 2023turnover
428.6k
+48%
operating profit
6.6k
0%
gross margin
72.4%
+0.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
5.5k
+35.97%
total assets
59.3k
+0.26%
cash
43k
+0.06%
net assets
Total assets minus all liabilities
mayet estates ltd company details
company number
09996459
Type
Private limited with Share Capital
industry
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
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
WOODHOUSE CHARTERED ACCOUNTANTS
auditor
-
address
82 london road, blackburn, BB1 7LR
Bank
-
Legal Advisor
-
mayet estates 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 did not find charges/mortgages relating to mayet estates ltd.
mayet estates 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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mayet estates ltd Companies House Filings - See Documents
| date | description | view/download |
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