mortimer trading ltd
mortimer trading ltd Company Information
Company Number
10512755
Next Accounts
93 days late
Industry
Buying and selling of own real estate
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
karisma patel
Group Structure
View All
Contact
Registered Address
10 cameron road, ilford, IG3 8LA
Website
-mortimer trading ltd Estimated Valuation
Pomanda estimates the enterprise value of MORTIMER TRADING LTD at £3.9m based on a Turnover of £1.2m and 3.13x industry multiple (adjusted for size and gross margin).
mortimer trading ltd Estimated Valuation
Pomanda estimates the enterprise value of MORTIMER TRADING LTD at £3m based on an EBITDA of £445.4k and a 6.77x industry multiple (adjusted for size and gross margin).
mortimer trading ltd Estimated Valuation
Pomanda estimates the enterprise value of MORTIMER TRADING LTD at £357.7k based on Net Assets of £213.7k and 1.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mortimer Trading Ltd Overview
Mortimer Trading Ltd is a live company located in ilford, IG3 8LA with a Companies House number of 10512755. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2016, it's largest shareholder is karisma patel with a 100% stake. Mortimer Trading Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.2m with rapid growth in recent years.
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Mortimer Trading Ltd Health Check
Pomanda's financial health check has awarded Mortimer Trading Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.2m, make it larger than the average company (£911k)
- Mortimer Trading Ltd
£911k - Industry AVG
Growth
3 year (CAGR) sales growth of 84%, show it is growing at a faster rate (1.5%)
- Mortimer Trading Ltd
1.5% - Industry AVG
Production
with a gross margin of 70.3%, this company has a comparable cost of product (70.3%)
- Mortimer Trading Ltd
70.3% - Industry AVG
Profitability
an operating margin of 35.9% make it as profitable than the average company (38.8%)
- Mortimer Trading Ltd
38.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Mortimer Trading Ltd
4 - Industry AVG
Pay Structure
on an average salary of £34.6k, the company has an equivalent pay structure (£34.6k)
- Mortimer Trading Ltd
£34.6k - Industry AVG
Efficiency
resulting in sales per employee of £413.2k, this is more efficient (£186.5k)
- Mortimer Trading Ltd
£186.5k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (30 days)
- Mortimer Trading Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (34 days)
- Mortimer Trading Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mortimer Trading Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (10 weeks)
4 weeks - Mortimer Trading Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.7%, this is a higher level of debt than the average (66.7%)
94.7% - Mortimer Trading Ltd
66.7% - Industry AVG
MORTIMER TRADING LTD financials
Mortimer Trading Ltd's latest turnover from December 2022 is estimated at £1.2 million and the company has net assets of £213.7 thousand. According to their latest financial statements, Mortimer Trading Ltd has 3 employees and maintains cash reserves of £26 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 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 | 3 | 3 | 3 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 1,589,235 | 708,300 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,792,274 | 3,792,274 | 3,233,170 | 1,836,018 | 219,630 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,792,274 | 3,792,274 | 3,233,170 | 1,836,018 | 1,808,865 | 708,300 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 183,926 | 183,926 | 2,900 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 34,528 | 0 | 0 | 0 |
| Cash | 26,021 | 34,943 | 357,949 | 10,311 | 232,300 | 3,791 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 209,947 | 218,869 | 395,377 | 229,941 | 232,300 | 3,791 |
| total assets | 4,002,221 | 4,011,143 | 3,628,547 | 2,065,959 | 2,041,165 | 712,091 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,290 | 3,150 | 3,150 | 0 | 1,250 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 250,755 | 293,556 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 325,305 | 430,871 | 708,502 | 270,668 | 10,174 | 922 |
| total current liabilities | 329,595 | 434,021 | 711,652 | 270,668 | 262,179 | 294,478 |
| loans | 3,458,923 | 3,458,923 | 2,820,485 | 424,000 | 424,000 | 413,742 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 1,092,000 | 1,092,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,458,923 | 3,458,923 | 2,820,485 | 1,516,000 | 1,516,000 | 413,742 |
| total liabilities | 3,788,518 | 3,892,944 | 3,532,137 | 1,786,668 | 1,778,179 | 708,220 |
| net assets | 213,703 | 118,199 | 96,410 | 279,291 | 262,986 | 3,871 |
| total shareholders funds | 213,703 | 118,199 | 96,410 | 279,291 | 262,986 | 3,871 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 146,498 | 37,428 | 0 | 0 | 0 |
| Creditors | 1,140 | 0 | 3,150 | -1,250 | 1,250 | 0 |
| Accruals and Deferred Income | -105,566 | -277,631 | 437,834 | 260,494 | 9,252 | 922 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 559,104 | 1,397,152 | 1,616,388 | 219,630 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -250,755 | -42,801 | 293,556 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 638,438 | 2,396,485 | 0 | 10,258 | 413,742 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -1,092,000 | 0 | 1,092,000 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -8,922 | -323,006 | 347,638 | -221,989 | 228,509 | 3,791 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -8,922 | -323,006 | 347,638 | -221,989 | 228,509 | 3,791 |
mortimer trading ltd Credit Report and Business Information
Mortimer Trading Ltd Competitor Analysis
Perform a competitor analysis for mortimer trading ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in IG3 area or any other competitors across 12 key performance metrics.
mortimer trading ltd Ownership
MORTIMER TRADING LTD group structure
Mortimer Trading Ltd has no subsidiary companies.
Ultimate parent company
MORTIMER TRADING LTD
10512755
mortimer trading ltd directors
Mortimer Trading Ltd currently has 1 director, Ms Karisma Patel serving since Dec 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Karisma Patel | England | 47 years | Dec 2016 | - | Director |
P&L
December 2022turnover
1.2m
+10%
operating profit
445.4k
0%
gross margin
70.3%
+1.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
213.7k
+0.81%
total assets
4m
0%
cash
26k
-0.26%
net assets
Total assets minus all liabilities
Similar Companies
mortimer trading ltd company details
company number
10512755
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
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
December 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
10 cameron road, ilford, IG3 8LA
Bank
-
Legal Advisor
-
mortimer trading 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 15 charges/mortgages relating to mortimer trading ltd. Currently there are 12 open charges and 3 have been satisfied in the past.
mortimer trading 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 MORTIMER TRADING LTD. This can take several minutes, an email will notify you when this has completed.
mortimer trading ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
