3me properties ltd
3me properties ltd Company Information
Company Number
10123400
Next Accounts
Jan 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
manuel pena-benavides
andrea pena
View AllGroup Structure
View All
Contact
Registered Address
studio 20 3me studios, industry road, heaton,, newcastle upon tyne, NE6 5XB
Website
-3me properties ltd Estimated Valuation
Pomanda estimates the enterprise value of 3ME PROPERTIES LTD at £108.7k based on a Turnover of £44.9k and 2.42x industry multiple (adjusted for size and gross margin).
3me properties ltd Estimated Valuation
Pomanda estimates the enterprise value of 3ME PROPERTIES LTD at £0 based on an EBITDA of £-3.6k and a 4.99x industry multiple (adjusted for size and gross margin).
3me properties ltd Estimated Valuation
Pomanda estimates the enterprise value of 3ME PROPERTIES LTD at £103.9k based on Net Assets of £59.8k and 1.74x industry multiple (adjusted for liquidity).
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3me Properties Ltd Overview
3me Properties Ltd is a live company located in newcastle upon tyne, NE6 5XB with a Companies House number of 10123400. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2016, it's largest shareholder is manuel pena-benavides with a 98.1% stake. 3me Properties Ltd is a young, micro sized company, Pomanda has estimated its turnover at £44.9k with declining growth in recent years.
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3me Properties Ltd Health Check
Pomanda's financial health check has awarded 3Me Properties Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £44.9k, make it smaller than the average company (£799k)
- 3me Properties Ltd
£799k - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (2.1%)
- 3me Properties Ltd
2.1% - Industry AVG
Production
with a gross margin of 30%, this company has a higher cost of product (72.4%)
- 3me Properties Ltd
72.4% - Industry AVG
Profitability
an operating margin of -12.3% make it less profitable than the average company (27%)
- 3me Properties Ltd
27% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - 3me Properties Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)
- 3me Properties Ltd
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £44.9k, this is less efficient (£175k)
- 3me Properties Ltd
£175k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- 3me Properties Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 136 days, this is slower than average (35 days)
- 3me Properties Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 3me Properties Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is average cash available to meet short term requirements (12 weeks)
13 weeks - 3me Properties Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.7%, this is a higher level of debt than the average (68%)
76.7% - 3me Properties Ltd
68% - Industry AVG
3ME PROPERTIES LTD financials
3Me Properties Ltd's latest turnover from April 2023 is estimated at £44.9 thousand and the company has net assets of £59.8 thousand. According to their latest financial statements, 3Me Properties Ltd has 1 employee and maintains cash reserves of £3.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 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 | 1 | 1 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,372 | 5,339 | 2,474 | 182,876 | 181,802 | 180,121 | 179,061 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 250,000 | 250,000 | 250,000 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 253,372 | 255,339 | 252,474 | 182,876 | 181,802 | 180,121 | 179,061 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 3,928 | 0 | 28,533 | 3,021 | 154 | 429 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 3,066 | 2,955 | 4,865 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,066 | 6,883 | 4,865 | 28,533 | 3,021 | 154 | 429 |
| total assets | 256,438 | 262,222 | 257,339 | 211,409 | 184,823 | 180,275 | 179,490 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,771 | 10,373 | 13,133 | 7,508 | 2,484 | 1,554 | 250 |
| 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 | 0 | 0 | 0 |
| total current liabilities | 11,771 | 10,373 | 13,133 | 7,508 | 2,484 | 1,554 | 250 |
| loans | 0 | 0 | 150,000 | 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 | 170,670 | 172,086 | 16,764 | 185,746 | 183,554 | 180,590 | 180,336 |
| provisions | 14,186 | 14,560 | 13,545 | 0 | 0 | 0 | 0 |
| total long term liabilities | 184,856 | 186,646 | 180,309 | 185,746 | 183,554 | 180,590 | 180,336 |
| total liabilities | 196,627 | 197,019 | 193,442 | 193,254 | 186,038 | 182,144 | 180,586 |
| net assets | 59,811 | 65,203 | 63,897 | 18,155 | -1,215 | -1,869 | -1,096 |
| total shareholders funds | 59,811 | 65,203 | 63,897 | 18,155 | -1,215 | -1,869 | -1,096 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 1,967 | 2,543 | 1,694 | ||||
| Amortisation | 0 | 0 | 0 | ||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,928 | 3,928 | -28,533 | 25,512 | 2,867 | -275 | 429 |
| Creditors | 1,398 | -2,760 | 5,625 | 5,024 | 930 | 1,304 | 250 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -374 | 1,015 | 13,545 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 250,000 | 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 | -150,000 | 150,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -1,416 | 155,322 | -168,982 | 2,192 | 2,964 | 254 | 180,336 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 111 | -1,910 | 4,865 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 111 | -1,910 | 4,865 | 0 | 0 | 0 | 0 |
3me properties ltd Credit Report and Business Information
3me Properties Ltd Competitor Analysis
Perform a competitor analysis for 3me properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NE6 area or any other competitors across 12 key performance metrics.
3me properties ltd Ownership
3ME PROPERTIES LTD group structure
3Me Properties Ltd has no subsidiary companies.
Ultimate parent company
3ME PROPERTIES LTD
10123400
3me properties ltd directors
3Me Properties Ltd currently has 1 director, Mr Manuel Pena-Benavides serving since Apr 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Manuel Pena-Benavides | England | 43 years | Apr 2016 | - | Director |
P&L
April 2023turnover
44.9k
+52%
operating profit
-5.5k
0%
gross margin
30%
+4.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
59.8k
-0.08%
total assets
256.4k
-0.02%
cash
3.1k
+0.04%
net assets
Total assets minus all liabilities
3me properties ltd company details
company number
10123400
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
April 2016
age
8
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
April 2023
previous names
N/A
accountant
MITCHELL GORDON LLP
auditor
-
address
studio 20 3me studios, industry road, heaton,, newcastle upon tyne, NE6 5XB
Bank
-
Legal Advisor
-
3me 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 1 charges/mortgages relating to 3me properties ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
3me 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.
Click to start generating capital raising & share issue transactions for 3ME PROPERTIES LTD. This can take several minutes, an email will notify you when this has completed.
3me properties ltd Companies House Filings - See Documents
| date | description | view/download |
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