m & n builders properties ltd

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m & n builders properties ltd Company Information

Share M & N BUILDERS PROPERTIES LTD

Company Number

10026281

Shareholders

mansukhlal gorasia

premila gorasia

Group Structure

View All

Industry

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

alpha house 296 kenton road, harrow, HA3 8DD

Website

-

m & n builders properties ltd Estimated Valuation

£448.9k

Pomanda estimates the enterprise value of M & N BUILDERS PROPERTIES LTD at £448.9k based on a Turnover of £133.4k and 3.36x industry multiple (adjusted for size and gross margin).

m & n builders properties ltd Estimated Valuation

£3.4m

Pomanda estimates the enterprise value of M & N BUILDERS PROPERTIES LTD at £3.4m based on an EBITDA of £512.6k and a 6.58x industry multiple (adjusted for size and gross margin).

m & n builders properties ltd Estimated Valuation

£6.5m

Pomanda estimates the enterprise value of M & N BUILDERS PROPERTIES LTD at £6.5m based on Net Assets of £3.7m and 1.75x industry multiple (adjusted for liquidity).

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M & N Builders Properties Ltd Overview

M & N Builders Properties Ltd is a live company located in harrow, HA3 8DD with a Companies House number of 10026281. 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 mansukhlal gorasia with a 50% stake. M & N Builders Properties Ltd is a young, micro sized company, Pomanda has estimated its turnover at £133.4k with declining growth in recent years.

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M & N Builders Properties Ltd Health Check

Pomanda's financial health check has awarded M & N Builders Properties Ltd a 4 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
Health Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £133.4k, make it smaller than the average company (£921.2k)

£133.4k - M & N Builders Properties Ltd

£921.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (4.9%)

-7% - M & N Builders Properties Ltd

4.9% - Industry AVG

production

Production

with a gross margin of 75.3%, this company has a comparable cost of product (75.3%)

75.3% - M & N Builders Properties Ltd

75.3% - Industry AVG

profitability

Profitability

an operating margin of 384.1% make it more profitable than the average company (29.3%)

384.1% - M & N Builders Properties Ltd

29.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - M & N Builders Properties Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)

£32.3k - M & N Builders Properties Ltd

£32.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £66.7k, this is less efficient (£177.6k)

£66.7k - M & N Builders Properties Ltd

£177.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 3 days, this is earlier than average (30 days)

3 days - M & N Builders Properties Ltd

30 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - M & N Builders Properties Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - M & N Builders Properties Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (11 weeks)

29 weeks - M & N Builders Properties Ltd

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 60.6%, this is a similar level of debt than the average (64.3%)

60.6% - M & N Builders Properties Ltd

64.3% - Industry AVG

M & N BUILDERS PROPERTIES LTD financials

EXPORTms excel logo

M & N Builders Properties Ltd's latest turnover from March 2024 is estimated at £133.4 thousand and the company has net assets of £3.7 million. According to their latest financial statements, M & N Builders Properties Ltd has 2 employees and maintains cash reserves of £50.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Jan 2019Jan 2018Mar 2017
Turnover133,439146,191119,295167,002139,449215,8049,030,977132,065
Other Income Or Grants
Cost Of Sales33,02736,83030,05041,71036,20657,8162,595,79936,092
Gross Profit100,413109,36189,246125,292103,242157,9886,435,17995,974
Admin Expenses-412,143-356,367-305,343-224,809-230,730-92,5686,205,18570,334-90,451
Operating Profit512,556465,728394,589350,101333,972250,556229,99425,64090,451
Interest Payable513,487458,933296,724268,137270,746151,391151,615
Interest Receivable3,5962,383276146216735690263
Pre-Tax Profit2,6659,17898,14182,11063,44299,90079,06825,66790,454
Tax-666-1,744-18,647-15,601-12,054-18,981-15,023-4,877-18,091
Profit After Tax1,9997,43479,49466,50951,38880,91964,04520,79072,363
Dividends Paid
Retained Profit1,9997,43479,49466,50951,38880,91964,04520,79072,363
Employee Costs64,59660,70259,08980,53582,17680,99782,14825,999
Number Of Employees22233331
EBITDA*512,556465,728394,589350,101333,972250,556229,99425,64090,451

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Jan 2019Jan 2018Mar 2017
Tangible Assets7,764,1557,625,6557,519,7057,478,3607,381,8607,381,8607,381,860950,000950,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)1,568,4471,609,1871,609,187
Total Fixed Assets9,332,6029,234,8429,128,8927,478,3607,381,8607,381,8607,381,860950,000950,000
Stock & work in progress
Trade Debtors1,1593,7002,5504,3503,7008,3461,369,653
Group Debtors1,607,0451,412,0451,361,033
Misc Debtors603
Cash50,13686,87325,25248,245244,049187,645175,7258,2242,334
misc current assets
total current assets51,29590,57327,8021,660,2431,659,7941,557,0241,545,3788,2242,334
total assets9,383,8979,325,4159,156,6949,138,6039,041,6548,938,8848,927,238958,224952,334
Bank overdraft
Bank loan
Trade Creditors 2,538940,923
Group/Directors Accounts70,48658,378
other short term finances
hp & lease commitments
other current liabilities88,94053,46069,3361,046,7711,034,776949,904853,387867,677
total current liabilities88,94053,46069,3361,117,2571,095,692949,904940,923853,387867,677
loans4,565,5814,563,0754,391,7084,400,1244,391,2494,485,6554,492,309
hp & lease commitments
Accruals and Deferred Income
other liabilities1,019,1271,000,730994,934
provisions11,58411,58411,58411,58411,58411,58411,58411,58412,194
total long term liabilities5,596,2925,575,3895,398,2264,411,7084,402,8334,497,2394,503,89311,58412,194
total liabilities5,685,2325,628,8495,467,5625,528,9655,498,5255,447,1435,444,816864,971879,871
net assets3,698,6653,696,5663,689,1323,609,6383,543,1293,491,7413,482,42293,25372,463
total shareholders funds3,698,6653,696,5663,689,1323,609,6383,543,1293,491,7413,482,42293,25372,463
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Jan 2019Jan 2018Mar 2017
Operating Activities
Operating Profit512,556465,728394,589350,101333,972250,556229,99425,64090,451
Depreciation
Amortisation
Tax-666-1,744-18,647-15,601-12,054-18,981-15,023-4,877-18,091
Stock
Debtors-43,2811,150-261196,25346,3661,369,3791,369,653
Creditors-2,5382,538940,923
Accruals and Deferred Income35,480-15,876-977,43511,99584,87296,517-853,387-14,290867,677
Deferred Taxes & Provisions-61012,194
Cash flow from operations590,651446,958-601,232147,704362,962-1,041,287-1,067,1465,863952,231
Investing Activities
capital expenditure-138,500-105,950-41,345-96,500-6,431,860-6,431,860-950,000
Change in Investments
cash flow from investments-138,500-105,950-41,345-96,500-6,431,860-6,431,860-950,000
Financing Activities
Bank loans
Group/Directors Accounts-70,48612,10858,378
Other Short Term Loans
Long term loans2,506171,367-8,4168,875-94,4064,485,6554,492,309
Hire Purchase and Lease Commitments
other long term liabilities18,3975,796994,934
share issue1003,317,5693,325,124100
interest-509,891-456,550-296,448-267,991-270,530-150,656-150,925263
cash flow from financing-488,888-279,387619,584-247,008-306,5587,652,5687,666,50826103
cash and cash equivalents
cash-36,73761,621-22,993-195,80456,404179,421167,5015,8902,334
overdraft
change in cash-36,73761,621-22,993-195,80456,404179,421167,5015,8902,334

m & n builders properties ltd 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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M & N Builders Properties Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for m & n builders properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HA3 area or any other competitors across 12 key performance metrics.

m & n builders properties ltd Ownership

M & N BUILDERS PROPERTIES LTD group structure

M & N Builders Properties Ltd has no subsidiary companies.

Ultimate parent company

M & N BUILDERS PROPERTIES LTD

10026281

M & N BUILDERS PROPERTIES LTD Shareholders

mansukhlal gorasia 50%
premila gorasia 50%

m & n builders properties ltd directors

M & N Builders Properties Ltd currently has 2 directors. The longest serving directors include Mrs Premila Gorasia (Feb 2016) and Mr Mansukhlal Gorasia (Feb 2016).

officercountryagestartendrole
Mrs Premila GorasiaEngland54 years Feb 2016- Director
Mr Mansukhlal Gorasia56 years Feb 2016- Director

P&L

March 2024

turnover

133.4k

-9%

operating profit

512.6k

0%

gross margin

75.3%

+0.59%

turnover

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

Balance Sheet

March 2024

net assets

3.7m

0%

total assets

9.4m

+0.01%

cash

50.1k

-0.42%

net assets

Total assets minus all liabilities

m & n builders properties ltd company details

company number

10026281

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

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

m & n builders h ltd (February 2016)

accountant

FRASERS YOUNG LIMITED

auditor

-

address

alpha house 296 kenton road, harrow, HA3 8DD

Bank

-

Legal Advisor

-

m & n builders properties 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 7 charges/mortgages relating to m & n builders properties ltd. Currently there are 7 open charges and 0 have been satisfied in the past.

m & n builders properties 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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m & n builders properties ltd Companies House Filings - See Documents

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