millenial developments limited
millenial developments limited Company Information
Company Number
10647823
Next Accounts
Sep 2025
Directors
Shareholders
millenial development projects limited
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
32 addison grove, london, W4 1ER
Website
www.cala.co.ukmillenial developments limited Estimated Valuation
Pomanda estimates the enterprise value of MILLENIAL DEVELOPMENTS LIMITED at £874.1k based on a Turnover of £285.2k and 3.07x industry multiple (adjusted for size and gross margin).
millenial developments limited Estimated Valuation
Pomanda estimates the enterprise value of MILLENIAL DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-836.6k and a 6.57x industry multiple (adjusted for size and gross margin).
millenial developments limited Estimated Valuation
Pomanda estimates the enterprise value of MILLENIAL DEVELOPMENTS LIMITED at £0 based on Net Assets of £-1.6m and 1.58x industry multiple (adjusted for liquidity).
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Millenial Developments Limited Overview
Millenial Developments Limited is a live company located in london, W4 1ER with a Companies House number of 10647823. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2017, it's largest shareholder is millenial development projects limited with a 100% stake. Millenial Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £285.2k with declining growth in recent years.
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Millenial Developments Limited Health Check
Pomanda's financial health check has awarded Millenial Developments Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £285.2k, make it smaller than the average company (£926k)
- Millenial Developments Limited
£926k - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (2.8%)
- Millenial Developments Limited
2.8% - Industry AVG
Production
with a gross margin of 70.4%, this company has a comparable cost of product (70.4%)
- Millenial Developments Limited
70.4% - Industry AVG
Profitability
an operating margin of -295.7% make it less profitable than the average company (24%)
- Millenial Developments Limited
24% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Millenial Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £38k, the company has an equivalent pay structure (£38k)
- Millenial Developments Limited
£38k - Industry AVG
Efficiency
resulting in sales per employee of £95.1k, this is less efficient (£185.4k)
- Millenial Developments Limited
£185.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Millenial Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (32 days)
- Millenial Developments Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 4535 days, this is more than average (387 days)
- Millenial Developments Limited
387 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3635 weeks, this is more cash available to meet short term requirements (8 weeks)
3635 weeks - Millenial Developments Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 146.2%, this is a higher level of debt than the average (64.1%)
146.2% - Millenial Developments Limited
64.1% - Industry AVG
MILLENIAL DEVELOPMENTS LIMITED financials
Millenial Developments Limited's latest turnover from December 2023 is estimated at £285.2 thousand and the company has net assets of -£1.6 million. According to their latest financial statements, Millenial Developments Limited has 3 employees and maintains cash reserves of £969.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 2 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 25,974 | 32,446 | 40,557 | 484 | |||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 25,974 | 32,446 | 40,557 | 484 | |||
| Stock & work in progress | 1,050,000 | 5,603,792 | 5,424,953 | 4,756,631 | 3,248,885 | 2,464,476 | 2,105,643 |
| Trade Debtors | |||||||
| Group Debtors | |||||||
| Misc Debtors | 1,398,513 | 64,682 | 50,347 | 46,714 | 26,353 | ||
| Cash | 969,717 | 5,391 | 1,289,108 | 1,659 | 3,092 | 1,977 | 28,829 |
| misc current assets | |||||||
| total current assets | 3,418,230 | 5,673,865 | 6,764,408 | 4,805,004 | 3,278,330 | 2,517,561 | 2,147,780 |
| total assets | 3,444,204 | 5,706,311 | 6,804,965 | 4,805,488 | 3,278,330 | 2,517,561 | 2,147,780 |
| Bank overdraft | 662 | ||||||
| Bank loan | |||||||
| Trade Creditors | 2,191 | 37,230 | 72,926 | 168,190 | 136,001 | 48,198 | 21,744 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 11,678 | 21,837 | 8,000 | 18,900 | 22,450 | ||
| total current liabilities | 13,869 | 59,729 | 80,926 | 187,090 | 158,451 | 73,365 | 60,070 |
| loans | 5,021,697 | 5,811,056 | 6,772,350 | 4,690,397 | 3,163,896 | ||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 2,091,353 | ||||||
| provisions | |||||||
| total long term liabilities | 5,021,697 | 5,811,056 | 6,772,350 | 4,690,397 | 3,163,896 | 2,469,066 | 2,091,353 |
| total liabilities | 5,035,566 | 5,870,785 | 6,853,276 | 4,877,487 | 3,322,347 | 2,542,431 | 2,151,423 |
| net assets | -1,591,362 | -164,474 | -48,311 | -71,999 | -44,017 | -24,870 | -3,643 |
| total shareholders funds | -1,591,362 | -164,474 | -48,311 | -71,999 | -44,017 | -24,870 | -3,643 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 6,493 | 8,111 | 10,140 | 121 | |||
| Amortisation | |||||||
| Tax | |||||||
| Stock | -4,553,792 | 178,839 | 668,322 | 1,507,746 | 784,409 | 358,833 | 2,105,643 |
| Debtors | 1,333,831 | 14,335 | 3,633 | 20,361 | 26,353 | -13,308 | 13,308 |
| Creditors | -35,039 | -35,696 | -95,264 | 32,189 | 87,803 | 26,454 | 21,744 |
| Accruals and Deferred Income | -10,159 | 13,837 | -10,900 | -3,550 | 22,450 | ||
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | -789,359 | -961,294 | 2,081,953 | 1,526,501 | 3,163,896 | ||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | -2,091,353 | 2,091,353 | |||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 964,326 | -1,283,717 | 1,287,449 | -1,433 | 1,115 | -26,852 | 28,829 |
| overdraft | -662 | 662 | |||||
| change in cash | 964,988 | -1,284,379 | 1,287,449 | -1,433 | 1,115 | -26,852 | 28,829 |
millenial developments limited Credit Report and Business Information
Millenial Developments Limited Competitor Analysis
Perform a competitor analysis for millenial developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in W 4 area or any other competitors across 12 key performance metrics.
millenial developments limited Ownership
MILLENIAL DEVELOPMENTS LIMITED group structure
Millenial Developments Limited has 1 subsidiary company.
Ultimate parent company
MILLENIAL DEVELOPMENT PROJECTS LTD
#0107320
1 parent
MILLENIAL DEVELOPMENTS LIMITED
10647823
1 subsidiary
millenial developments limited directors
Millenial Developments Limited currently has 1 director, Mrs Marina Wright serving since Aug 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Marina Wright | United Kingdom | 73 years | Aug 2024 | - | Director |
P&L
December 2023turnover
285.2k
-48%
operating profit
-843.1k
0%
gross margin
70.4%
+0.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.6m
+8.68%
total assets
3.4m
-0.4%
cash
969.7k
+178.88%
net assets
Total assets minus all liabilities
millenial developments limited company details
company number
10647823
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
March 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
mdpl (dulwich) limited (March 2024)
south home counties developments limited (November 2020)
accountant
BERKELEY FINCH LIMITED
auditor
-
address
32 addison grove, london, W4 1ER
Bank
-
Legal Advisor
-
millenial developments 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 2 charges/mortgages relating to millenial developments limited. Currently there are 0 open charges and 2 have been satisfied in the past.
millenial developments 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 MILLENIAL DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
millenial developments limited Companies House Filings - See Documents
| date | description | view/download |
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