Mm Property Assets Limited

POWER SEARCH PRICING

SOLUTIONS

mm property assets limited Company Information

Live

YoungMicroDeclining

Company Number

10241145

Next Accounts

27 days late

Industry

Other personal service activities n.e.c.

Directors

Kevin McCarthy

Alexander Marland

View All

Shareholders

mccarthy marland limited

Group Structure

View All

Contact

Registered Address

82 st john street, london, EC1M 4JN

Website

mm property assets limited Estimated Valuation

£6.3m

Pomanda estimates the enterprise value of MM PROPERTY ASSETS LIMITED at £6.3m based on Net Assets of £2.8m and 2.27x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Mm Property Assets Limited is a live company located in london, EC1M 4JN with a Companies House number of 10241145. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in June 2016, it's largest shareholder is mccarthy marland limited with a 100% stake. Mm Property Assets Limited is a young, micro sized company, Pomanda has estimated its turnover at £34.1k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Mm Property Assets Limited 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

2 Regular

6 Weak

Size

annual sales of £34.1k, make it smaller than the average company (£826.3k)

Growth

3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (5.3%)

EXPORT

Mm Property Assets Limited's latest turnover from March 2023 is estimated at £34.1 thousand and the company has net assets of £2.8 million. According to their latest financial statements, Mm Property Assets Limited has 1 employee and maintains cash reserves of £4.6 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Turnover	34,116	153,739	107,633	121,305	78,335	60,420	8,096
Other Income Or Grants	0	0	0	0	0	0	0
Cost Of Sales	20,245	93,014	66,160	72,807	46,873	36,599	4,773
Gross Profit	13,871	60,726	41,474	48,498	31,462	23,821	3,323
Admin Expenses	-407,513	-42,780	-30,711	-25,766	-35,981	-16,912	-958
Operating Profit	421,384	103,506	72,185	74,264	67,443	40,733	4,281
Interest Payable	176,726	33,564	29,385	29,520	33,874	21,889	4,921
Interest Receivable	2,865	670	32	35	257	76	22
Pre-Tax Profit	247,523	70,612	42,831	44,779	33,827	18,920	-618
Tax	-47,029	-13,416	-8,138	-8,508	-6,427	-3,595	0
Profit After Tax	200,494	57,196	34,693	36,271	27,400	15,325	-618
Dividends Paid	0	0	0	0	0	0	0
Retained Profit	200,494	57,196	34,693	36,271	27,400	15,325	-618
Employee Costs	28,250	27,053	25,399	49,717	24,831	23,993	23,908
Number Of Employees	1	1	1	2	1	1	1
EBITDA*	451,556	133,101	88,959	80,075	68,881	40,733	4,281

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Tangible Assets	90,024	120,196	133,791	10,940	15,817	0	0
Intangible Assets	0	0	0	0	0	0	0
Investments & Other	7,885,000	2,362,080	1,137,080	1,100,000	668,191	668,191	242,889
Debtors (Due After 1 year)	0	0	0	0	0	0	0
Total Fixed Assets	7,975,024	2,482,276	1,270,871	1,110,940	684,008	668,191	242,889
Stock & work in progress	0	0	0	0	0	0	0
Trade Debtors	258	7,474	0	0	0	0	0
Group Debtors	0	0	0	0	0	0	0
Misc Debtors	21,229	13,288	15,103	19,841	18,299	9,100	1,727
Cash	4,645	130,194	48,588	14,672	55,807	12,799	17,535
misc current assets	0	0	0	0	0	0	0
total current assets	26,132	150,956	63,691	34,513	74,106	21,899	19,262
total assets	8,001,156	2,633,232	1,334,562	1,145,453	758,114	690,090	262,151
Bank overdraft	0	0	0	0	29,719	28,710	18,876
Bank loan	0	22,223	124,057	21,748	0	0	0
Trade Creditors	4,708	73,377	31,062	20,309	17,583	10,865	1,500
Group/Directors Accounts	349,269	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0
hp & lease commitments	57,200	57,450	54,291	29,421	0	0	0
other current liabilities	844,532	705,114	169,586	139,425	195,673	148,380	103,692
total current liabilities	1,255,709	858,164	378,996	210,903	242,975	187,955	124,068
loans	2,937,034	489,061	359,148	458,502	457,905	487,328	138,601
hp & lease commitments	72,814	132,509	191,009	117,756	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0
other liabilities	0	0	0	0	12,022	0	0
provisions	964,575	267,675	68,023	55,599	3,005	0	0
total long term liabilities	3,974,423	889,245	618,180	631,857	472,932	487,328	138,601
total liabilities	5,230,132	1,747,409	997,176	842,760	715,907	675,283	262,669
net assets	2,771,024	885,823	337,386	302,693	42,207	14,807	-518
total shareholders funds	2,771,024	885,823	337,386	302,693	42,207	14,807	-518

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Operating Activities
Operating Profit	421,384	103,506	72,185	74,264	67,443	40,733	4,281
Depreciation	30,172	29,595	16,774	5,811	1,438	0	0
Amortisation	0	0	0	0	0	0	0
Tax	-47,029	-13,416	-8,138	-8,508	-6,427	-3,595	0
Stock	0	0	0	0	0	0	0
Debtors	725	5,659	-4,738	1,542	9,199	7,373	1,727
Creditors	-68,669	42,315	10,753	2,726	6,718	9,365	1,500
Accruals and Deferred Income	139,418	535,528	30,161	-56,248	47,293	44,688	103,692
Deferred Taxes & Provisions	696,900	199,652	12,424	52,594	3,005	0	0
Cash flow from operations	1,171,451	891,521	138,897	69,097	110,271	83,818	107,746
Investing Activities
capital expenditure	0	-16,000	-139,625	-934	-17,255	0	0
Change in Investments	5,522,920	1,225,000	37,080	431,809	0	425,302	242,889
cash flow from investments	-5,522,920	-1,241,000	-176,705	-432,743	-17,255	-425,302	-242,889
Financing Activities
Bank loans	-22,223	-101,834	102,309	21,748	0	0	0
Group/Directors Accounts	349,269	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0
Long term loans	2,447,973	129,913	-99,354	597	-29,423	348,727	138,601
Hire Purchase and Lease Commitments	-59,945	-55,341	98,123	147,177	0	0	0
other long term liabilities	0	0	0	-12,022	12,022	0	0
share issue	1,684,707	491,241	0	224,215	0	0	100
interest	-173,861	-32,894	-29,353	-29,485	-33,617	-21,813	-4,899
cash flow from financing	4,225,920	431,085	71,725	352,230	-51,018	326,914	133,802
cash and cash equivalents
cash	-125,549	81,606	33,916	-41,135	43,008	-4,736	17,535
overdraft	0	0	0	-29,719	1,009	9,834	18,876
change in cash	-125,549	81,606	33,916	-11,416	41,999	-14,570	-1,341

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for mm property assets limited. Get real-time insights into mm property assets limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for mm property assets limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in EC1M area or any other competitors across 12 key performance metrics.

MM PROPERTY ASSETS LIMITED group structure

Mm Property Assets Limited has no subsidiary companies.

Ultimate parent company

MCCARTHY MARLAND LIMITED

08188611

1 parent

MM PROPERTY ASSETS LIMITED

10241145

MM PROPERTY ASSETS LIMITED Shareholders

mccarthy marland limited

100%

Mm Property Assets Limited currently has 4 directors. The longest serving directors include Mr Kevin McCarthy (Jun 2016) and Mr Alexander Marland (Jun 2016).

officer	country	age	start	end	role
Mr Kevin McCarthy	United Kingdom	47 years	Jun 2016	-	Director
Mr Alexander Marland	United Kingdom	53 years	Jun 2016	-	Director
Ms Katherine Marland	United Kingdom	51 years	Jun 2016	-	Director
Mrs Joanne McCarthy	England	46 years	Jun 2016	-	Director

P&L

March 2023

turnover

34.1k

-78%

operating profit

421.4k

gross margin

40.7%

+2.93%

turnover

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

Balance Sheet

March 2023

net assets

2.8m

+2.13%

total assets

+2.04%

cash

4.6k

-0.96%

net assets

Total assets minus all liabilities

Similar Companies

check-6 solutions limited

roarcus ltd

steve annis dop ltd

4.5

miranda law (uk) limited

slipstream.cloud ltd

company number

10241145

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

June 2016

ultimate parent company

MCCARTHY MARLAND LIMITED

previous names

N/A

address

82 st john street, london, EC1M 4JN

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 10 charges/mortgages relating to mm property assets limited. Currently there are 4 open charges and 6 have been satisfied in the past.

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 MM PROPERTY ASSETS LIMITED. This can take several minutes, an email will notify you when this has completed.

mm property assets limited Company Information

mm property assets limited Estimated Valuation

mm property assets limited Estimated Valuation

mm property assets limited Estimated Valuation

Mm Property Assets Limited Overview

Mm Property Assets Limited Health Check

MM PROPERTY ASSETS LIMITED financials

mm property assets limited Credit Report and Business Information

Mm Property Assets Limited Competitor Analysis

mm property assets limited Ownership

mm property assets limited directors

mm property assets limited company details

mm property assets limited Charges & Mortgages

mm property assets limited Capital Raised & Share Issues BETA

mm property assets limited Companies House Filings - See Documents