micklegate developments limited
micklegate developments limited Company Information
Company Number
10870681
Next Accounts
Dec 2025
Directors
Shareholders
micklegate for supercity ltd
Group Structure
View All
Industry
Development of building projects
Registered Address
25 furnival street, london, EC4A 1JT
Website
fredmalekblog.commicklegate developments limited Estimated Valuation
Pomanda estimates the enterprise value of MICKLEGATE DEVELOPMENTS LIMITED at £3.3m based on a Turnover of £5.9m and 0.55x industry multiple (adjusted for size and gross margin).
micklegate developments limited Estimated Valuation
Pomanda estimates the enterprise value of MICKLEGATE DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-117.2k and a 4.33x industry multiple (adjusted for size and gross margin).
micklegate developments limited Estimated Valuation
Pomanda estimates the enterprise value of MICKLEGATE DEVELOPMENTS LIMITED at £0 based on Net Assets of £-762.4k and 1.41x industry multiple (adjusted for liquidity).
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Micklegate Developments Limited Overview
Micklegate Developments Limited is a live company located in london, EC4A 1JT with a Companies House number of 10870681. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2017, it's largest shareholder is micklegate for supercity ltd with a 100% stake. Micklegate Developments Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.9m with unknown growth in recent years.
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Micklegate Developments Limited Health Check
Pomanda's financial health check has awarded Micklegate Developments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £5.9m, make it larger than the average company (£2.3m)
- Micklegate Developments Limited
£2.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Micklegate Developments Limited
- - Industry AVG
Production
with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)
- Micklegate Developments Limited
26.3% - Industry AVG
Profitability
an operating margin of -2% make it less profitable than the average company (7.5%)
- Micklegate Developments Limited
7.5% - Industry AVG
Employees
with 22 employees, this is above the industry average (6)
- Micklegate Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Micklegate Developments Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £270.1k, this is equally as efficient (£277.7k)
- Micklegate Developments Limited
£277.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Micklegate Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (31 days)
- Micklegate Developments Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Micklegate Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (11 weeks)
3 weeks - Micklegate Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.7%, this is a higher level of debt than the average (73.8%)
109.7% - Micklegate Developments Limited
73.8% - Industry AVG
MICKLEGATE DEVELOPMENTS LIMITED financials
Micklegate Developments Limited's latest turnover from March 2024 is estimated at £5.9 million and the company has net assets of -£762.4 thousand. According to their latest financial statements, we estimate that Micklegate Developments Limited has 22 employees and maintains cash reserves of £387.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 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 | 3 | 3 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 7,429,540 | 4,819,877 | 3,966,176 | |||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 7,429,540 | 4,819,877 | 3,966,176 | |||
| Stock & work in progress | 3,279,614 | 3,147,823 | 2,835,270 | |||
| Trade Debtors | 15,090 | 2,897 | ||||
| Group Debtors | 1,000 | |||||
| Misc Debtors | 70,656 | 22,450 | 140,706 | 10,977 | ||
| Cash | 387,541 | 880 | 109 | 99 | 24,267 | 147,243 |
| misc current assets | ||||||
| total current assets | 458,197 | 23,330 | 140,815 | 3,294,803 | 3,184,067 | 2,985,410 |
| total assets | 7,887,737 | 4,843,207 | 4,106,991 | 3,294,803 | 3,184,067 | 2,985,410 |
| Bank overdraft | ||||||
| Bank loan | 4,250 | |||||
| Trade Creditors | 688,605 | 97,766 | 37,448 | 29,112 | ||
| Group/Directors Accounts | 4,377,926 | 5,189,361 | 4,507,298 | 82,500 | ||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 10,407 | 10,500 | 9,000 | 1,100 | 34,030 | |
| total current liabilities | 5,076,938 | 5,297,627 | 4,520,548 | 121,048 | 63,142 | |
| loans | 3,573,247 | 14,522 | 3,069,685 | |||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 3,526,035 | 100,000 | 2,959,685 | |||
| provisions | ||||||
| total long term liabilities | 3,573,247 | 14,522 | 3,526,035 | 3,169,685 | 2,959,685 | |
| total liabilities | 8,650,185 | 5,297,627 | 4,535,070 | 3,526,035 | 3,290,733 | 3,022,827 |
| net assets | -762,448 | -454,420 | -428,079 | -231,232 | -106,666 | -37,417 |
| total shareholders funds | -762,448 | -454,420 | -428,079 | -231,232 | -106,666 | -37,417 |
| Mar 2024 | Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | -3,279,614 | 131,791 | 312,553 | 2,835,270 | ||
| Debtors | 48,206 | 22,450 | 125,616 | 3,113 | 9,080 | 2,897 |
| Creditors | 590,839 | 97,766 | -37,448 | 8,336 | 29,112 | |
| Accruals and Deferred Income | -93 | 10,500 | 9,000 | -1,100 | -32,930 | 34,030 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 4,250 | |||||
| Group/Directors Accounts | -811,435 | 5,189,361 | 4,507,298 | -82,500 | 82,500 | |
| Other Short Term Loans | ||||||
| Long term loans | 3,573,247 | 14,522 | -3,069,685 | 3,069,685 | ||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -3,526,035 | 3,426,035 | -2,859,685 | 2,959,685 | ||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 386,661 | 880 | 10 | -24,168 | -122,976 | 147,243 |
| overdraft | ||||||
| change in cash | 386,661 | 880 | 10 | -24,168 | -122,976 | 147,243 |
micklegate developments limited Credit Report and Business Information
Micklegate Developments Limited Competitor Analysis
Perform a competitor analysis for micklegate developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in EC4A area or any other competitors across 12 key performance metrics.
micklegate developments limited Ownership
MICKLEGATE DEVELOPMENTS LIMITED group structure
Micklegate Developments Limited has no subsidiary companies.
Ultimate parent company
1 parent
MICKLEGATE DEVELOPMENTS LIMITED
10870681
micklegate developments limited directors
Micklegate Developments Limited currently has 1 director, Mr Roger Walters serving since Jun 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Roger Walters | United Kingdom | 76 years | Jun 2021 | - | Director |
P&L
March 2024turnover
5.9m
+595%
operating profit
-117.2k
0%
gross margin
26.3%
+1.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-762.4k
+0.68%
total assets
7.9m
+0.63%
cash
387.5k
+439.39%
net assets
Total assets minus all liabilities
micklegate developments limited company details
company number
10870681
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
25 furnival street, london, EC4A 1JT
Bank
-
Legal Advisor
-
micklegate 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 5 charges/mortgages relating to micklegate developments limited. Currently there are 2 open charges and 3 have been satisfied in the past.
micklegate 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 MICKLEGATE DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
micklegate developments limited Companies House Filings - See Documents
| date | description | view/download |
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