millstarr homes limited

millstarr homes limited Company Information

Share MILLSTARR HOMES LIMITED
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Company Number

10354741

Industry

Buying and selling of own real estate

 

Shareholders

david mills

colin starr

Group Structure

View All

Contact

Registered Address

128 city road, london, EC1V 2NX

millstarr homes limited Estimated Valuation

£613.6k

Pomanda estimates the enterprise value of MILLSTARR HOMES LIMITED at £613.6k based on a Turnover of £370.7k and 1.66x industry multiple (adjusted for size and gross margin).

millstarr homes limited Estimated Valuation

£22.9k

Pomanda estimates the enterprise value of MILLSTARR HOMES LIMITED at £22.9k based on an EBITDA of £5.5k and a 4.14x industry multiple (adjusted for size and gross margin).

millstarr homes limited Estimated Valuation

£47.7k

Pomanda estimates the enterprise value of MILLSTARR HOMES LIMITED at £47.7k based on Net Assets of £33.4k and 1.43x industry multiple (adjusted for liquidity).

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Millstarr Homes Limited Overview

Millstarr Homes Limited is a live company located in london, EC1V 2NX with a Companies House number of 10354741. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in September 2016, it's largest shareholder is david mills with a 50% stake. Millstarr Homes Limited is a young, micro sized company, Pomanda has estimated its turnover at £370.7k with declining growth in recent years.

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Millstarr Homes Limited Health Check

Pomanda's financial health check has awarded Millstarr Homes Limited 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

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £370.7k, make it smaller than the average company (£888k)

£370.7k - Millstarr Homes Limited

£888k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (2.5%)

-7% - Millstarr Homes Limited

2.5% - Industry AVG

production

Production

with a gross margin of 26.2%, this company has a higher cost of product (69.3%)

26.2% - Millstarr Homes Limited

69.3% - Industry AVG

profitability

Profitability

an operating margin of 1.5% make it less profitable than the average company (27.6%)

1.5% - Millstarr Homes Limited

27.6% - Industry AVG

employees

Employees

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

2 - Millstarr Homes Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)

£38.2k - Millstarr Homes Limited

£38.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £185.4k, this is equally as efficient (£199.9k)

£185.4k - Millstarr Homes Limited

£199.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 109 days, this is later than average (25 days)

109 days - Millstarr Homes Limited

25 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 213 days, this is slower than average (30 days)

213 days - Millstarr Homes Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Millstarr Homes Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Millstarr Homes Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 82.8%, this is a higher level of debt than the average (64.4%)

82.8% - Millstarr Homes Limited

64.4% - Industry AVG

MILLSTARR HOMES LIMITED financials

EXPORTms excel logo

Millstarr Homes Limited's latest turnover from September 2023 is estimated at £370.7 thousand and the company has net assets of £33.4 thousand. According to their latest financial statements, Millstarr Homes Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Turnover370,710371,586324,396464,4841,356,7571,237,969742,598
Other Income Or Grants0000000
Cost Of Sales273,423270,787241,971367,0051,034,593920,464560,024
Gross Profit97,287100,79982,42597,479322,164317,505182,574
Admin Expenses91,75299,14283,067142,734338,418193,754192,789
Operating Profit5,5351,657-642-45,255-16,254123,751-10,215
Interest Payable0000000
Interest Receivable0000000
Pre-Tax Profit5,5351,657-642-45,255-16,254123,751-10,215
Tax-1,384-315000-23,5130
Profit After Tax4,1511,342-642-45,255-16,254100,238-10,215
Dividends Paid0000000
Retained Profit4,1511,342-642-45,255-16,254100,238-10,215
Employee Costs76,47475,63372,02475,53879,76477,87469,792
Number Of Employees2222222
EBITDA*5,5351,657-642-45,255-16,254123,751-10,215

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Tangible Assets82,87482,874102,87482,9241001500
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets82,87482,874102,87482,9241001500
Stock & work in progress0000000
Trade Debtors111,330116,525110,080161,718461,611403,364189,035
Group Debtors0000000
Misc Debtors00012,893000
Cash0000000
misc current assets0000000
total current assets111,330116,525110,080174,611461,611403,364189,035
total assets194,204199,399212,954257,535461,711403,514189,035
Bank overdraft0000000
Bank loan0000000
Trade Creditors 159,999169,345183,402228,181386,430312,819198,650
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities159,999169,345183,402228,181386,430312,819198,650
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income8408401,6808401,5120600
other liabilities0000000
provisions000006720
total long term liabilities8408401,6808401,512672600
total liabilities160,839170,185185,082229,021387,942313,491199,250
net assets33,36529,21427,87228,51473,76990,023-10,215
total shareholders funds33,36529,21427,87228,51473,76990,023-10,215
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Operating Activities
Operating Profit5,5351,657-642-45,255-16,254123,751-10,215
Depreciation0000000
Amortisation0000000
Tax-1,384-315000-23,5130
Stock0000000
Debtors-5,1956,445-64,531-287,00058,247214,329189,035
Creditors-9,346-14,057-44,779-158,24973,611114,169198,650
Accruals and Deferred Income0-840840-6721,512-600600
Deferred Taxes & Provisions0000-6726720
Cash flow from operations0-20,00019,95082,824-501500
Investing Activities
capital expenditure020,000-19,950-82,82450-1500
Change in Investments0000000
cash flow from investments020,000-19,950-82,82450-1500
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue0000000
interest0000000
cash flow from financing0000000
cash and cash equivalents
cash0000000
overdraft0000000
change in cash0000000

millstarr homes limited 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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Millstarr Homes Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for millstarr homes limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.

millstarr homes limited Ownership

MILLSTARR HOMES LIMITED group structure

Millstarr Homes Limited has no subsidiary companies.

Ultimate parent company

MILLSTARR HOMES LIMITED

10354741

MILLSTARR HOMES LIMITED Shareholders

david mills 50%
colin starr 50%

millstarr homes limited directors

Millstarr Homes Limited currently has 2 directors. The longest serving directors include Mr Colin Starr (Sep 2016) and Mr David Mills (Sep 2016).

officercountryagestartendrole
Mr Colin StarrUnited Kingdom45 years Sep 2016- Director
Mr David MillsUnited Kingdom40 years Sep 2016- Director

P&L

September 2023

turnover

370.7k

0%

operating profit

5.5k

0%

gross margin

26.3%

-3.26%

turnover

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

Balance Sheet

September 2023

net assets

33.4k

+0.14%

total assets

194.2k

-0.03%

cash

0

0%

net assets

Total assets minus all liabilities

millstarr homes limited company details

company number

10354741

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

September 2016

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

128 city road, london, EC1V 2NX

Bank

-

Legal Advisor

-

millstarr homes 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 millstarr homes limited.

charges

millstarr homes limited Companies House Filings - See Documents

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