mulberry corner developments limited
mulberry corner developments limited Company Information
Company Number
10787062
Next Accounts
9 days late
Shareholders
brid mary stenson
john joseph doyle
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
minster house, 19 st. georges road, brickley, BR1 2AU
Website
-mulberry corner developments limited Estimated Valuation
Pomanda estimates the enterprise value of MULBERRY CORNER DEVELOPMENTS LIMITED at £120.6k based on a Turnover of £354.5k and 0.34x industry multiple (adjusted for size and gross margin).
mulberry corner developments limited Estimated Valuation
Pomanda estimates the enterprise value of MULBERRY CORNER DEVELOPMENTS LIMITED at £1.1m based on an EBITDA of £405.9k and a 2.61x industry multiple (adjusted for size and gross margin).
mulberry corner developments limited Estimated Valuation
Pomanda estimates the enterprise value of MULBERRY CORNER DEVELOPMENTS LIMITED at £8.3m based on Net Assets of £5.6m and 1.49x industry multiple (adjusted for liquidity).
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Mulberry Corner Developments Limited Overview
Mulberry Corner Developments Limited is a live company located in brickley, BR1 2AU with a Companies House number of 10787062. It operates in the development of building projects sector, SIC Code 41100. Founded in May 2017, it's largest shareholder is brid mary stenson with a 30% stake. Mulberry Corner Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £354.5k with declining growth in recent years.
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Mulberry Corner Developments Limited Health Check
Pomanda's financial health check has awarded Mulberry Corner Developments Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £354.5k, make it smaller than the average company (£2.1m)
- Mulberry Corner Developments Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (2.9%)
- Mulberry Corner Developments Limited
2.9% - Industry AVG
Production
with a gross margin of 9.9%, this company has a higher cost of product (26.6%)
- Mulberry Corner Developments Limited
26.6% - Industry AVG
Profitability
an operating margin of 114.5% make it more profitable than the average company (7.5%)
- Mulberry Corner Developments Limited
7.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Mulberry Corner Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.9k, the company has an equivalent pay structure (£46.9k)
- Mulberry Corner Developments Limited
£46.9k - Industry AVG
Efficiency
resulting in sales per employee of £354.5k, this is more efficient (£276.5k)
- Mulberry Corner Developments Limited
£276.5k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is near the average (29 days)
- Mulberry Corner Developments Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 158 days, this is slower than average (30 days)
- Mulberry Corner Developments Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mulberry Corner Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 256 weeks, this is more cash available to meet short term requirements (14 weeks)
256 weeks - Mulberry Corner Developments Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.7%, this is a lower level of debt than the average (72.4%)
54.7% - Mulberry Corner Developments Limited
72.4% - Industry AVG
MULBERRY CORNER DEVELOPMENTS LIMITED financials
Mulberry Corner Developments Limited's latest turnover from May 2023 is estimated at £354.5 thousand and the company has net assets of £5.6 million. According to their latest financial statements, we estimate that Mulberry Corner Developments Limited has 1 employee and maintains cash reserves of £683.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 505,498 | 325,665 | ||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | 128,641 | 64,040 | ||||
| Interest Receivable | ||||||
| Pre-Tax Profit | 1,449,199 | 1,178,384 | ||||
| Tax | -47,247 | -33,893 | ||||
| Profit After Tax | 1,401,952 | 1,144,491 | ||||
| Dividends Paid | ||||||
| Retained Profit | 1,401,952 | 1,144,491 | ||||
| Employee Costs | ||||||
| Number Of Employees | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 11,577,775 | 11,577,775 | 11,565,842 | 11,132,642 | 6,050,745 | |
| Intangible Assets | ||||||
| Investments & Other | 85 | 85 | 85 | 85 | ||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 11,577,860 | 11,577,860 | 11,565,927 | 11,132,727 | 6,050,745 | |
| Stock & work in progress | ||||||
| Trade Debtors | 31,114 | 3,024 | 1,718 | |||
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 683,560 | 662,950 | 240,843 | 2,177,010 | 541,944 | 100 |
| misc current assets | ||||||
| total current assets | 714,674 | 665,974 | 242,561 | 2,177,010 | 541,944 | 100 |
| total assets | 12,292,534 | 12,243,834 | 11,808,488 | 13,309,737 | 6,592,689 | 100 |
| Bank overdraft | ||||||
| Bank loan | 553,200 | 273,000 | ||||
| Trade Creditors | 138,627 | 668,246 | 704,626 | 18,835 | ||
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 52,826 | 37,392 | ||||
| total current liabilities | 138,627 | 668,246 | 704,626 | 624,861 | 310,392 | |
| loans | 6,209,516 | 2,989,021 | ||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 6,582,612 | 6,331,428 | 8,122,423 | 3,928,817 | 2,148,685 | |
| provisions | ||||||
| total long term liabilities | 6,582,612 | 6,331,428 | 8,122,423 | 10,138,333 | 5,137,706 | |
| total liabilities | 6,721,239 | 6,999,674 | 8,827,049 | 10,763,194 | 5,448,098 | |
| net assets | 5,571,295 | 5,244,160 | 2,981,439 | 2,546,543 | 1,144,591 | 100 |
| total shareholders funds | 5,571,295 | 5,244,160 | 2,981,439 | 2,546,543 | 1,144,591 | 100 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | -47,247 | -33,893 | ||||
| Stock | ||||||
| Debtors | 28,090 | 1,306 | 1,718 | |||
| Creditors | -529,619 | -36,380 | 685,791 | 18,835 | ||
| Accruals and Deferred Income | -52,826 | 15,434 | 37,392 | |||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 85 | |||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | -553,200 | 280,200 | 273,000 | |||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | -6,209,516 | 3,220,495 | 2,989,021 | |||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | 251,184 | -1,790,995 | 4,193,606 | 1,780,132 | 2,148,685 | |
| share issue | ||||||
| interest | -128,641 | -64,040 | ||||
| cash flow from financing | 5,152,186 | 5,346,666 | 100 | |||
| cash and cash equivalents | ||||||
| cash | 20,610 | 422,107 | -1,936,167 | 1,635,066 | 541,844 | 100 |
| overdraft | ||||||
| change in cash | 20,610 | 422,107 | -1,936,167 | 1,635,066 | 541,844 | 100 |
mulberry corner developments limited Credit Report and Business Information
Mulberry Corner Developments Limited Competitor Analysis
Perform a competitor analysis for mulberry corner developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BR1 area or any other competitors across 12 key performance metrics.
mulberry corner developments limited Ownership
MULBERRY CORNER DEVELOPMENTS LIMITED group structure
Mulberry Corner Developments Limited has no subsidiary companies.
Ultimate parent company
MULBERRY CORNER DEVELOPMENTS LIMITED
10787062
mulberry corner developments limited directors
Mulberry Corner Developments Limited currently has 2 directors. The longest serving directors include Mr John Doyle (May 2017) and Ms Brid Stenson (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Doyle | England | 59 years | May 2017 | - | Director |
| Ms Brid Stenson | England | 59 years | May 2017 | - | Director |
P&L
May 2023turnover
354.5k
-73%
operating profit
405.9k
0%
gross margin
9.9%
+0.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
5.6m
+0.06%
total assets
12.3m
0%
cash
683.6k
+0.03%
net assets
Total assets minus all liabilities
mulberry corner developments limited company details
company number
10787062
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
May 2017
age
8
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
minster house, 19 st. georges road, brickley, BR1 2AU
Bank
-
Legal Advisor
-
mulberry corner 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 6 charges/mortgages relating to mulberry corner developments limited. Currently there are 0 open charges and 6 have been satisfied in the past.
mulberry corner 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 MULBERRY CORNER DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
mulberry corner developments limited Companies House Filings - See Documents
| date | description | view/download |
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