manchester housing assets limited

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manchester housing assets limited Company Information

Share MANCHESTER HOUSING ASSETS LIMITED

Company Number

10968772

Shareholders

darren shaw

andrew fine

Group Structure

View All

Industry

Activities of head offices

 

Registered Address

43 caldecote gardens, bushey, WD23 4GP

manchester housing assets limited Estimated Valuation

£120.1k

Pomanda estimates the enterprise value of MANCHESTER HOUSING ASSETS LIMITED at £120.1k based on a Turnover of £308.8k and 0.39x industry multiple (adjusted for size and gross margin).

manchester housing assets limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MANCHESTER HOUSING ASSETS LIMITED at £0 based on an EBITDA of £-35k and a 3.08x industry multiple (adjusted for size and gross margin).

manchester housing assets limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MANCHESTER HOUSING ASSETS LIMITED at £0 based on Net Assets of £-53.8k and 2.11x industry multiple (adjusted for liquidity).

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Manchester Housing Assets Limited Overview

Manchester Housing Assets Limited is a live company located in bushey, WD23 4GP with a Companies House number of 10968772. It operates in the activities of head offices sector, SIC Code 70100. Founded in September 2017, it's largest shareholder is darren shaw with a 50% stake. Manchester Housing Assets Limited is a young, micro sized company, Pomanda has estimated its turnover at £308.8k with declining growth in recent years.

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Manchester Housing Assets Limited Health Check

Pomanda's financial health check has awarded Manchester Housing Assets Limited a 1 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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £308.8k, make it smaller than the average company (£19.8m)

£308.8k - Manchester Housing Assets Limited

£19.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -63%, show it is growing at a slower rate (5.9%)

-63% - Manchester Housing Assets Limited

5.9% - Industry AVG

production

Production

with a gross margin of 18.6%, this company has a higher cost of product (33%)

18.6% - Manchester Housing Assets Limited

33% - Industry AVG

profitability

Profitability

an operating margin of -11.3% make it less profitable than the average company (5.8%)

-11.3% - Manchester Housing Assets Limited

5.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (110)

2 - Manchester Housing Assets Limited

110 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)

£47.4k - Manchester Housing Assets Limited

£47.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £154.4k, this is less efficient (£196.7k)

£154.4k - Manchester Housing Assets Limited

£196.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 75 days, this is later than average (45 days)

75 days - Manchester Housing Assets Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 166 days, this is slower than average (43 days)

166 days - Manchester Housing Assets Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Manchester Housing Assets Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Manchester Housing Assets Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 183.8%, this is a higher level of debt than the average (55.8%)

183.8% - Manchester Housing Assets Limited

55.8% - Industry AVG

MANCHESTER HOUSING ASSETS LIMITED financials

EXPORTms excel logo

Manchester Housing Assets Limited's latest turnover from September 2023 is estimated at £308.8 thousand and the company has net assets of -£53.8 thousand. According to their latest financial statements, Manchester Housing Assets Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018
Turnover308,781471,7303,817,3326,249,8356,940,8492,272,267
Other Income Or Grants
Cost Of Sales251,509382,0243,145,3275,069,0705,658,4441,848,014
Gross Profit57,27289,705672,0051,180,7651,282,405424,253
Admin Expenses92,266102,031656,6401,199,5961,282,405424,302
Operating Profit-34,994-12,32615,365-18,831-49
Interest Payable
Interest Receivable
Pre-Tax Profit-34,994-12,32615,365-18,831-49
Tax-2,919
Profit After Tax-34,994-12,32612,446-18,831-49
Dividends Paid
Retained Profit-34,994-12,32612,446-18,831-49
Employee Costs94,83288,637496,139788,803865,976279,668
Number Of Employees221219217
EBITDA*-34,994-12,32615,365-18,831-49

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018
Tangible Assets606060606060
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets606060606060
Stock & work in progress
Trade Debtors64,120139,785891,5471,388,2611,629,174531,429
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets64,120139,785891,5471,388,2611,629,174531,429
total assets64,180139,845891,6071,388,3211,629,234531,489
Bank overdraft
Bank loan
Trade Creditors 114,548157,855897,2911,406,4511,628,533530,763
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities114,548157,855897,2911,406,4511,628,533530,763
loans
hp & lease commitments
Accruals and Deferred Income3,386750750750750775
other liabilities
provisions
total long term liabilities3,386750750750750775
total liabilities117,934158,605898,0411,407,2011,629,283531,538
net assets-53,754-18,760-6,434-18,880-49-49
total shareholders funds-53,754-18,760-6,434-18,880-49-49
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018
Operating Activities
Operating Profit-34,994-12,32615,365-18,831-49
Depreciation
Amortisation
Tax-2,919
Stock
Debtors-75,665-751,762-496,714-240,9131,097,745531,429
Creditors-43,307-739,436-509,160-222,0821,097,770530,763
Accruals and Deferred Income2,636-25775
Deferred Taxes & Provisions
Cash flow from operations60
Investing Activities
capital expenditure-60
Change in Investments
cash flow from investments-60
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

manchester housing assets limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Manchester Housing Assets Limited Competitor Analysis

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Perform a competitor analysis for manchester housing assets limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WD23 area or any other competitors across 12 key performance metrics.

manchester housing assets limited Ownership

MANCHESTER HOUSING ASSETS LIMITED group structure

Manchester Housing Assets Limited has 1 subsidiary company.

Ultimate parent company

MANCHESTER HOUSING ASSETS LIMITED

10968772

1 subsidiary

MANCHESTER HOUSING ASSETS LIMITED Shareholders

darren shaw 50%
andrew fine 50%

manchester housing assets limited directors

Manchester Housing Assets Limited currently has 2 directors. The longest serving directors include Mr Andrew Fine (Sep 2017) and Mr Darren Shaw (Sep 2017).

officercountryagestartendrole
Mr Andrew FineEngland55 years Sep 2017- Director
Mr Darren ShawEngland54 years Sep 2017- Director

P&L

September 2023

turnover

308.8k

-35%

operating profit

-35k

0%

gross margin

18.6%

-2.46%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

-53.8k

+1.87%

total assets

64.2k

-0.54%

cash

0

0%

net assets

Total assets minus all liabilities

manchester housing assets limited company details

company number

10968772

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

September 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

43 caldecote gardens, bushey, WD23 4GP

Bank

-

Legal Advisor

-

manchester housing assets 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 did not find charges/mortgages relating to manchester housing assets limited.

manchester housing assets 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.

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manchester housing assets limited Companies House Filings - See Documents

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