m&b properties ne limited
m&b properties ne limited Company Information
Company Number
10889914
Website
-Registered Address
beaumont accountancy services, 1st floor enterprise house, middlesbrough, TS1 3QW
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
kevin mcbride 50%
paul bollands 50%
m&b properties ne limited Estimated Valuation
Pomanda estimates the enterprise value of M&B PROPERTIES NE LIMITED at £363k based on a Turnover of £218.3k and 1.66x industry multiple (adjusted for size and gross margin).
m&b properties ne limited Estimated Valuation
Pomanda estimates the enterprise value of M&B PROPERTIES NE LIMITED at £121.5k based on an EBITDA of £29.7k and a 4.09x industry multiple (adjusted for size and gross margin).
m&b properties ne limited Estimated Valuation
Pomanda estimates the enterprise value of M&B PROPERTIES NE LIMITED at £86.1k based on Net Assets of £69.8k and 1.23x industry multiple (adjusted for liquidity).
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M&b Properties Ne Limited Overview
M&b Properties Ne Limited is a live company located in middlesbrough, TS1 3QW with a Companies House number of 10889914. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in July 2017, it's largest shareholder is kevin mcbride with a 50% stake. M&b Properties Ne Limited is a young, micro sized company, Pomanda has estimated its turnover at £218.3k with high growth in recent years.
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M&b Properties Ne Limited Health Check
Pomanda's financial health check has awarded M&B Properties Ne Limited a 2.5 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
2 Regular
5 Weak
Size
annual sales of £218.3k, make it smaller than the average company (£899.4k)
- M&b Properties Ne Limited
£899.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (2.3%)
- M&b Properties Ne Limited
2.3% - Industry AVG
Production
with a gross margin of 27.3%, this company has a higher cost of product (69.2%)
- M&b Properties Ne Limited
69.2% - Industry AVG
Profitability
an operating margin of 13.6% make it less profitable than the average company (26.2%)
- M&b Properties Ne Limited
26.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - M&b Properties Ne Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- M&b Properties Ne Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £218.3k, this is equally as efficient (£191k)
- M&b Properties Ne Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (25 days)
- M&b Properties Ne Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 1378 days, this is slower than average (30 days)
- M&b Properties Ne Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- M&b Properties Ne Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - M&b Properties Ne Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.4%, this is a higher level of debt than the average (64%)
95.4% - M&b Properties Ne Limited
64% - Industry AVG
M&B PROPERTIES NE LIMITED financials
M&B Properties Ne Limited's latest turnover from July 2023 is estimated at £218.3 thousand and the company has net assets of £69.8 thousand. According to their latest financial statements, M&B Properties Ne Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,504,908 | 1,424,209 | 1,424,209 | 548,855 | 737,393 | 288,458 |
| 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 | 1,504,908 | 1,424,209 | 1,424,209 | 548,855 | 737,393 | 288,458 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,477 | 6,544 | 6,544 | 28,238 | 4,089 | 2,885 |
| 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 | 5,477 | 6,544 | 6,544 | 28,238 | 4,089 | 2,885 |
| total assets | 1,510,385 | 1,430,753 | 1,430,753 | 577,093 | 741,482 | 291,343 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 599,454 | 661,794 | 661,794 | 140,953 | 268,777 | 101,072 |
| 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 | 599,454 | 661,794 | 661,794 | 140,953 | 268,777 | 101,072 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,920 | 840 | 840 | 840 | 720 | 0 |
| other liabilities | 839,204 | 720,597 | 720,597 | 378,419 | 466,602 | 190,310 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 841,124 | 721,437 | 721,437 | 379,259 | 467,322 | 190,310 |
| total liabilities | 1,440,578 | 1,383,231 | 1,383,231 | 520,212 | 736,099 | 291,382 |
| net assets | 69,807 | 47,522 | 47,522 | 56,881 | 5,383 | -39 |
| total shareholders funds | 69,807 | 47,522 | 47,522 | 56,881 | 5,383 | -39 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | |||||
| Amortisation | 0 | |||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,067 | 0 | -21,694 | 24,149 | 1,204 | 2,885 |
| Creditors | -62,340 | 0 | 520,841 | -127,824 | 167,705 | 101,072 |
| Accruals and Deferred Income | 1,080 | 0 | 0 | 120 | 720 | 0 |
| 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 | 118,607 | 0 | 342,178 | -88,183 | 276,292 | 190,310 |
| 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 |
m&b properties ne limited Credit Report and Business Information
M&b Properties Ne Limited Competitor Analysis
Perform a competitor analysis for m&b properties ne limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in TS1 area or any other competitors across 12 key performance metrics.
m&b properties ne limited Ownership
M&B PROPERTIES NE LIMITED group structure
M&B Properties Ne Limited has no subsidiary companies.
Ultimate parent company
M&B PROPERTIES NE LIMITED
10889914
m&b properties ne limited directors
M&B Properties Ne Limited currently has 2 directors. The longest serving directors include Mr Paul Bollands (Jul 2017) and Mr Kevin McBride (Jul 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Bollands | England | 42 years | Jul 2017 | - | Director |
| Mr Kevin McBride | England | 50 years | Jul 2017 | - | Director |
P&L
July 2023turnover
218.3k
-1%
operating profit
29.7k
0%
gross margin
27.4%
+0.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
69.8k
+0.47%
total assets
1.5m
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
m&b properties ne limited company details
company number
10889914
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
July 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
beaumont accountancy services, 1st floor enterprise house, middlesbrough, TS1 3QW
accountant
BEAUMONT ACCOUNTANCY SERVICES
auditor
-
m&b properties ne 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 35 charges/mortgages relating to m&b properties ne limited. Currently there are 25 open charges and 10 have been satisfied in the past.
m&b properties ne limited Companies House Filings - See Documents
| date | description | view/download |
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