milbury lettings limited
milbury lettings limited Company Information
Company Number
10408314
Website
-Registered Address
elizabeth house, 13-19 london road, newbury, berkshire, RG14 1JL
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
October 2025
Group Structure
View All
Shareholders
andrew charles kennard 100%
milbury lettings limited Estimated Valuation
Pomanda estimates the enterprise value of MILBURY LETTINGS LIMITED at £622.7k based on a Turnover of £195.7k and 3.18x industry multiple (adjusted for size and gross margin).
milbury lettings limited Estimated Valuation
Pomanda estimates the enterprise value of MILBURY LETTINGS LIMITED at £3.4m based on an EBITDA of £461.5k and a 7.27x industry multiple (adjusted for size and gross margin).
milbury lettings limited Estimated Valuation
Pomanda estimates the enterprise value of MILBURY LETTINGS LIMITED at £560.2k based on Net Assets of £345.8k and 1.62x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Milbury Lettings Limited Overview
Milbury Lettings Limited is a live company located in newbury, RG14 1JL with a Companies House number of 10408314. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2016, it's largest shareholder is andrew charles kennard with a 100% stake. Milbury Lettings Limited is a young, micro sized company, Pomanda has estimated its turnover at £195.7k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Milbury Lettings Limited Health Check
Pomanda's financial health check has awarded Milbury Lettings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £195.7k, make it smaller than the average company (£840.3k)
- Milbury Lettings Limited
£840.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 1075%, show it is growing at a faster rate (4.2%)
- Milbury Lettings Limited
4.2% - Industry AVG
Production
with a gross margin of 78.2%, this company has a comparable cost of product (78.2%)
- Milbury Lettings Limited
78.2% - Industry AVG
Profitability
an operating margin of 233.5% make it more profitable than the average company (34.7%)
- Milbury Lettings Limited
34.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Milbury Lettings Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)
- Milbury Lettings Limited
£32.5k - Industry AVG
Efficiency
resulting in sales per employee of £97.9k, this is less efficient (£172.5k)
- Milbury Lettings Limited
£172.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Milbury Lettings Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (38 days)
- Milbury Lettings Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Milbury Lettings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (12 weeks)
16 weeks - Milbury Lettings Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48%, this is a lower level of debt than the average (62.6%)
48% - Milbury Lettings Limited
62.6% - Industry AVG
MILBURY LETTINGS LIMITED financials
Milbury Lettings Limited's latest turnover from January 2024 is estimated at £195.7 thousand and the company has net assets of £345.8 thousand. According to their latest financial statements, Milbury Lettings Limited has 2 employees and maintains cash reserves of £99.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,761 | 19,691 | 16,428 | 22,936 | 30,707 | 41,130 | 63,257 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 550,000 | 550,000 | 625,000 | 561,441 | 561,441 | 561,441 | 561,441 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 565,761 | 569,691 | 641,428 | 584,377 | 592,148 | 602,571 | 624,698 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 1,560 | 509 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 563 | 0 | 0 | 0 |
| Cash | 99,711 | 95,615 | 78,624 | 42,895 | 32,132 | 20,759 | 7,524 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 99,711 | 95,615 | 78,624 | 43,458 | 33,692 | 21,268 | 7,524 |
| total assets | 665,472 | 665,306 | 720,052 | 627,835 | 625,840 | 623,839 | 632,222 |
| Bank overdraft | 272 | 1,722 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 305 | 115 | 0 | 52 | 588 | 1,493 | 1,340 |
| 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 | 316,083 | 658,078 | 686,620 | 686,500 | 687,036 | 686,500 | 685,000 |
| total current liabilities | 316,660 | 659,915 | 686,620 | 686,552 | 687,624 | 687,993 | 686,340 |
| loans | 0 | 0 | 0 | 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 | 2,995 | 5,915 | 6,414 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,995 | 5,915 | 6,414 | 0 | 0 | 0 | 0 |
| total liabilities | 319,655 | 665,830 | 693,034 | 686,552 | 687,624 | 687,993 | 686,340 |
| net assets | 345,817 | -524 | 27,018 | -58,717 | -61,784 | -64,154 | -54,118 |
| total shareholders funds | 345,817 | -524 | 27,018 | -58,717 | -61,784 | -64,154 | -54,118 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 4,460 | 4,958 | 6,508 | 7,771 | 10,423 | 22,127 | 25,882 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | -563 | -997 | 1,051 | 509 | 0 |
| Creditors | 190 | 115 | -52 | -536 | -905 | 153 | 1,340 |
| Accruals and Deferred Income | -341,995 | -28,542 | 120 | -536 | 536 | 1,500 | 685,000 |
| Deferred Taxes & Provisions | -2,920 | -499 | 6,414 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | -75,000 | 63,559 | 0 | 0 | 0 | 561,441 |
| 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 | 0 | 0 | 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 | 4,096 | 16,991 | 35,729 | 10,763 | 11,373 | 13,235 | 7,524 |
| overdraft | -1,450 | 1,722 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 5,546 | 15,269 | 35,729 | 10,763 | 11,373 | 13,235 | 7,524 |
milbury lettings limited Credit Report and Business Information
Milbury Lettings Limited Competitor Analysis
Perform a competitor analysis for milbury lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in RG14 area or any other competitors across 12 key performance metrics.
milbury lettings limited Ownership
MILBURY LETTINGS LIMITED group structure
Milbury Lettings Limited has no subsidiary companies.
Ultimate parent company
MILBURY LETTINGS LIMITED
10408314
milbury lettings limited directors
Milbury Lettings Limited currently has 2 directors. The longest serving directors include Mr Andrew Kennard (Oct 2016) and Ms Tiffany Fawdry (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Kennard | 58 years | Oct 2016 | - | Director | |
| Ms Tiffany Fawdry | United Kingdom | 49 years | Oct 2016 | - | Director |
P&L
January 2024turnover
195.7k
-1%
operating profit
457k
0%
gross margin
78.2%
+6.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
345.8k
-660.96%
total assets
665.5k
0%
cash
99.7k
+0.04%
net assets
Total assets minus all liabilities
milbury lettings limited company details
company number
10408314
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
October 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
elizabeth house, 13-19 london road, newbury, berkshire, RG14 1JL
Bank
-
Legal Advisor
-
milbury lettings 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 milbury lettings limited.
milbury lettings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
