merry go round properties limited
merry go round properties limited Company Information
Company Number
10756387
Website
-Registered Address
c/o blb advisory limited, rural, vincent carey road, rotherwas in, hereford, HR2 6FE
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
01295810008
Next Accounts Due
October 2024
Group Structure
View All
Directors
Nicola Ovel7 Years
Shareholders
nicola mary ovel 100%
merry go round properties limited Estimated Valuation
Pomanda estimates the enterprise value of MERRY GO ROUND PROPERTIES LIMITED at £1.1m based on a Turnover of £478.7k and 2.29x industry multiple (adjusted for size and gross margin).
merry go round properties limited Estimated Valuation
Pomanda estimates the enterprise value of MERRY GO ROUND PROPERTIES LIMITED at £874.6k based on an EBITDA of £166.9k and a 5.24x industry multiple (adjusted for size and gross margin).
merry go round properties limited Estimated Valuation
Pomanda estimates the enterprise value of MERRY GO ROUND PROPERTIES LIMITED at £203.7k based on Net Assets of £125.8k and 1.62x industry multiple (adjusted for liquidity).
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Merry Go Round Properties Limited Overview
Merry Go Round Properties Limited is a dissolved company that was located in hereford, HR2 6FE with a Companies House number of 10756387. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 2017, it's largest shareholder was nicola mary ovel with a 100% stake. The last turnover for Merry Go Round Properties Limited was estimated at £478.7k.
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Merry Go Round Properties Limited Health Check
Pomanda's financial health check has awarded Merry Go Round Properties Limited a 4 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 £478.7k, make it smaller than the average company (£797.6k)
- Merry Go Round Properties Limited
£797.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 99%, show it is growing at a faster rate (1.9%)
- Merry Go Round Properties Limited
1.9% - Industry AVG
Production
with a gross margin of 33.5%, this company has a higher cost of product (75.4%)
- Merry Go Round Properties Limited
75.4% - Industry AVG
Profitability
an operating margin of 34.9% make it as profitable than the average company (36.9%)
- Merry Go Round Properties Limited
36.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Merry Go Round Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Merry Go Round Properties Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £478.7k, this is more efficient (£168.7k)
- Merry Go Round Properties Limited
£168.7k - Industry AVG
Debtor Days
it gets paid by customers after 132 days, this is later than average (31 days)
- Merry Go Round Properties Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (37 days)
- Merry Go Round Properties Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Merry Go Round Properties Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Merry Go Round Properties Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.9%, this is a lower level of debt than the average (63.2%)
27.9% - Merry Go Round Properties Limited
63.2% - Industry AVG
MERRY GO ROUND PROPERTIES LIMITED financials
Merry Go Round Properties Limited's latest turnover from March 2023 is estimated at £478.7 thousand and the company has net assets of £125.8 thousand. According to their latest financial statements, Merry Go Round Properties Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 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 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 310,915 | 316,245 | 321,575 | 316,669 | 321,999 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 310,915 | 316,245 | 321,575 | 316,669 | 321,999 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 174,343 | 9,776 | 7,668 | 932 | 148 | 12 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 174,343 | 9,776 | 7,668 | 932 | 148 | 12 |
| total assets | 174,343 | 320,691 | 323,913 | 322,507 | 316,817 | 322,011 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 47,140 | 158,428 | 157,701 | 150,093 | 138,186 | 129,546 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 47,140 | 158,428 | 157,701 | 150,093 | 138,186 | 129,546 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,440 | 2,595 | 2,025 | 2,035 | 2,334 | 2,265 |
| other liabilities | 0 | 169,070 | 177,521 | 187,238 | 196,579 | 204,775 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,440 | 171,665 | 179,546 | 189,273 | 198,913 | 207,040 |
| total liabilities | 48,580 | 330,093 | 337,247 | 339,366 | 337,099 | 336,586 |
| net assets | 125,763 | -9,402 | -13,334 | -16,859 | -20,282 | -14,575 |
| total shareholders funds | 125,763 | -9,402 | -13,334 | -16,859 | -20,282 | -14,575 |
| Mar 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 164,567 | 2,108 | 6,736 | 784 | 136 | 12 |
| Creditors | -111,288 | 727 | 7,608 | 11,907 | 8,640 | 129,546 |
| Accruals and Deferred Income | -1,155 | 570 | -10 | -299 | 69 | 2,265 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -169,070 | -8,451 | -9,717 | -9,341 | -8,196 | 204,775 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
merry go round properties limited Credit Report and Business Information
Merry Go Round Properties Limited Competitor Analysis
Perform a competitor analysis for merry go round properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in HR2 area or any other competitors across 12 key performance metrics.
merry go round properties limited Ownership
MERRY GO ROUND PROPERTIES LIMITED group structure
Merry Go Round Properties Limited has no subsidiary companies.
Ultimate parent company
MERRY GO ROUND PROPERTIES LIMITED
10756387
merry go round properties limited directors
Merry Go Round Properties Limited currently has 1 director, Mrs Nicola Ovel serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Nicola Ovel | United Kingdom | 60 years | May 2017 | - | Director |
P&L
March 2023turnover
478.7k
+511%
operating profit
166.9k
0%
gross margin
33.5%
+18.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
125.8k
-14.38%
total assets
174.3k
-0.46%
cash
0
0%
net assets
Total assets minus all liabilities
merry go round properties limited company details
company number
10756387
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
May 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
c/o blb advisory limited, rural, vincent carey road, rotherwas in, hereford, HR2 6FE
Bank
-
Legal Advisor
-
merry go round properties 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 merry go round properties limited. Currently there are 0 open charges and 2 have been satisfied in the past.
merry go round properties limited Companies House Filings - See Documents
| date | description | view/download |
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