mg randalls way limited
mg randalls way limited Company Information
Company Number
10429780
Next Accounts
Dec 2025
Industry
Development of building projects
Shareholders
cloud wing investments co ltd
titan property developments ltd
View AllGroup Structure
View All
Contact
Registered Address
c/o certius, bayside business ce, sovereign business park,, poole, dorset, BH15 3TB
Website
http://montarosa.commg randalls way limited Estimated Valuation
Pomanda estimates the enterprise value of MG RANDALLS WAY LIMITED at £147.1k based on a Turnover of £270k and 0.54x industry multiple (adjusted for size and gross margin).
mg randalls way limited Estimated Valuation
Pomanda estimates the enterprise value of MG RANDALLS WAY LIMITED at £1.2m based on an EBITDA of £319.3k and a 3.83x industry multiple (adjusted for size and gross margin).
mg randalls way limited Estimated Valuation
Pomanda estimates the enterprise value of MG RANDALLS WAY LIMITED at £0 based on Net Assets of £-2.9m and 1.56x industry multiple (adjusted for liquidity).
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Mg Randalls Way Limited Overview
Mg Randalls Way Limited is a live company located in poole, BH15 3TB with a Companies House number of 10429780. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2016, it's largest shareholder is cloud wing investments co ltd with a 55% stake. Mg Randalls Way Limited is a young, micro sized company, Pomanda has estimated its turnover at £270k with declining growth in recent years.
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Mg Randalls Way Limited Health Check
Pomanda's financial health check has awarded Mg Randalls Way 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
1 Strong
2 Regular
7 Weak
Size
annual sales of £270k, make it smaller than the average company (£2.4m)
- Mg Randalls Way Limited
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -57%, show it is growing at a slower rate (5.6%)
- Mg Randalls Way Limited
5.6% - Industry AVG
Production
with a gross margin of 26.1%, this company has a comparable cost of product (26.1%)
- Mg Randalls Way Limited
26.1% - Industry AVG
Profitability
an operating margin of 118.3% make it more profitable than the average company (7.9%)
- Mg Randalls Way Limited
7.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Mg Randalls Way Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- Mg Randalls Way Limited
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £135k, this is less efficient (£283.5k)
- Mg Randalls Way Limited
£283.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mg Randalls Way Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (31 days)
- Mg Randalls Way Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mg Randalls Way Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (11 weeks)
5 weeks - Mg Randalls Way Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10688.2%, this is a higher level of debt than the average (74.5%)
10688.2% - Mg Randalls Way Limited
74.5% - Industry AVG
MG RANDALLS WAY LIMITED financials
Mg Randalls Way Limited's latest turnover from March 2024 is estimated at £270 thousand and the company has net assets of -£2.9 million. According to their latest financial statements, Mg Randalls Way Limited has 2 employees and maintains cash reserves of £5.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | ||||||
| Other Income Or Grants | 0 | 0 | ||||||
| Cost Of Sales | 0 | 0 | ||||||
| Gross Profit | 0 | 0 | ||||||
| Admin Expenses | 218,775 | 389,886 | ||||||
| Operating Profit | -218,775 | -389,886 | ||||||
| Interest Payable | 1,205,859 | 1,140,834 | ||||||
| Interest Receivable | 545 | 3 | ||||||
| Pre-Tax Profit | -1,424,089 | -1,530,717 | ||||||
| Tax | 0 | 0 | ||||||
| Profit After Tax | -1,424,089 | -1,530,717 | ||||||
| Dividends Paid | 0 | 0 | ||||||
| Retained Profit | -1,424,089 | -1,530,717 | ||||||
| Employee Costs | ||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* | -218,775 | -389,886 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 15,000 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 15,000 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 10,002,196 | 9,652,235 | 9,150,680 | 8,563,903 | 8,606,371 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,902 | 5,524 | 0 | 14,571 | 60,010 | 81,893 | 42,831 | 101,396 |
| Cash | 5,587 | 5,827 | 5,288,456 | 30,654 | 21,761 | 194,105 | 40,483 | 210,886 |
| misc current assets | 0 | 400 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,489 | 11,751 | 5,288,456 | 10,047,421 | 9,734,006 | 9,426,678 | 8,647,217 | 8,918,653 |
| total assets | 27,489 | 26,751 | 5,288,456 | 10,047,421 | 9,734,006 | 9,426,678 | 8,647,217 | 8,918,653 |
| Bank overdraft | 0 | 0 | 0 | 10,228,784 | 8,824,045 | 7,373,141 | 5,403,300 | 5,403,300 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,635 | 1,754 | 2,826 | 236,365 | 94,797 | 144,102 | 84,676 | 10 |
| Group/Directors Accounts | 0 | 10,538 | 5,066,882 | 6,004,741 | 10,673 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 43,538 | 33,000 | 3,075,271 | 36,243 | 0 | 0 | 8,763 | 8,763 |
| total current liabilities | 51,173 | 45,292 | 8,144,979 | 16,506,133 | 8,929,515 | 7,517,243 | 5,496,739 | 5,412,073 |
| loans | 2,886,894 | 2,886,894 | 0 | 0 | 5,654,563 | 5,335,418 | 5,045,744 | 4,978,205 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,886,894 | 2,886,894 | 0 | 0 | 5,654,563 | 5,335,418 | 5,045,744 | 4,978,205 |
| total liabilities | 2,938,067 | 2,932,186 | 8,144,979 | 16,506,133 | 14,584,078 | 12,852,661 | 10,542,483 | 10,390,278 |
| net assets | -2,910,578 | -2,905,435 | -2,856,523 | -6,458,712 | -4,850,072 | -3,425,983 | -1,895,266 | -1,471,625 |
| total shareholders funds | -2,910,578 | -2,905,435 | -2,856,523 | -6,458,712 | -4,850,072 | -3,425,983 | -1,895,266 | -1,471,625 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -218,775 | -389,886 | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | ||||||
| Stock | 0 | 0 | -10,002,196 | 349,961 | 501,555 | 586,777 | -42,468 | 8,606,371 |
| Debtors | 1,378 | 20,524 | -14,571 | -45,439 | -21,883 | 39,062 | -58,565 | 101,396 |
| Creditors | 5,881 | -1,072 | -233,539 | 141,568 | -49,305 | 59,426 | 84,666 | 10 |
| Accruals and Deferred Income | 10,538 | -3,042,271 | 3,039,028 | 36,243 | 0 | -8,763 | 0 | 8,763 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -747,752 | -965,062 | ||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -10,538 | -5,056,344 | -937,859 | 5,994,068 | 10,673 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 2,886,894 | 0 | -5,654,563 | 319,145 | 289,674 | 67,539 | 4,978,205 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -1,205,314 | -1,140,831 | ||||||
| cash flow from financing | -875,496 | -851,157 | ||||||
| cash and cash equivalents | ||||||||
| cash | -240 | -5,282,629 | 5,257,802 | 8,893 | -172,344 | 153,622 | -170,403 | 210,886 |
| overdraft | 0 | 0 | -10,228,784 | 1,404,739 | 1,450,904 | 1,969,841 | 0 | 5,403,300 |
| change in cash | -240 | -5,282,629 | 15,486,586 | -1,395,846 | -1,623,248 | -1,816,219 | -170,403 | -5,192,414 |
mg randalls way limited Credit Report and Business Information
Mg Randalls Way Limited Competitor Analysis
Perform a competitor analysis for mg randalls way limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BH15 area or any other competitors across 12 key performance metrics.
mg randalls way limited Ownership
MG RANDALLS WAY LIMITED group structure
Mg Randalls Way Limited has no subsidiary companies.
Ultimate parent company
CLOUD WING INVESTMENT CO LTD
#0102371
1 parent
MG RANDALLS WAY LIMITED
10429780
mg randalls way limited directors
Mg Randalls Way Limited currently has 2 directors. The longest serving directors include Mr John Reynolds (Oct 2016) and Mr Steven Summers (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Reynolds | United Kingdom | 47 years | Oct 2016 | - | Director |
| Mr Steven Summers | United Kingdom | 45 years | Oct 2016 | - | Director |
P&L
March 2024turnover
270k
+17%
operating profit
319.3k
0%
gross margin
26.1%
+1.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-2.9m
0%
total assets
27.5k
+0.03%
cash
5.6k
-0.04%
net assets
Total assets minus all liabilities
mg randalls way limited company details
company number
10429780
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
CERTIUS PROFESSIONAL SERVICES LIMITED
auditor
-
address
c/o certius, bayside business ce, sovereign business park,, poole, dorset, BH15 3TB
Bank
-
Legal Advisor
-
mg randalls way 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 found 4 charges/mortgages relating to mg randalls way limited. Currently there are 1 open charges and 3 have been satisfied in the past.
mg randalls way limited 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 MG RANDALLS WAY LIMITED. This can take several minutes, an email will notify you when this has completed.
mg randalls way limited Companies House Filings - See Documents
| date | description | view/download |
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