london minster building centre limited

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london minster building centre limited Company Information

Share LONDON MINSTER BUILDING CENTRE LIMITED

Company Number

11067268

Shareholders

iwg group holdings sarl

Group Structure

View All

Industry

Management of real estate on a fee or contract basis

 +1

Registered Address

6th floor, 2 kingdom street, london, W2 6BD

london minster building centre limited Estimated Valuation

£5.8m

Pomanda estimates the enterprise value of LONDON MINSTER BUILDING CENTRE LIMITED at £5.8m based on a Turnover of £1.9m and 3.06x industry multiple (adjusted for size and gross margin).

london minster building centre limited Estimated Valuation

£6.5m

Pomanda estimates the enterprise value of LONDON MINSTER BUILDING CENTRE LIMITED at £6.5m based on an EBITDA of £922k and a 7.05x industry multiple (adjusted for size and gross margin).

london minster building centre limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LONDON MINSTER BUILDING CENTRE LIMITED at £0 based on Net Assets of £-1.9m and 1.75x industry multiple (adjusted for liquidity).

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London Minster Building Centre Limited Overview

London Minster Building Centre Limited is a live company located in london, W2 6BD with a Companies House number of 11067268. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2017, it's largest shareholder is iwg group holdings sarl with a 100% stake. London Minster Building Centre Limited is a young, small sized company, Pomanda has estimated its turnover at £1.9m with declining growth in recent years.

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London Minster Building Centre Limited Health Check

Pomanda's financial health check has awarded London Minster Building Centre Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £1.9m, make it larger than the average company (£703k)

£1.9m - London Minster Building Centre Limited

£703k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (4%)

-18% - London Minster Building Centre Limited

4% - Industry AVG

production

Production

with a gross margin of 64.4%, this company has a comparable cost of product (70.3%)

64.4% - London Minster Building Centre Limited

70.3% - Industry AVG

profitability

Profitability

an operating margin of 47.7% make it more profitable than the average company (14%)

47.7% - London Minster Building Centre Limited

14% - Industry AVG

employees

Employees

with 14 employees, this is above the industry average (5)

14 - London Minster Building Centre Limited

5 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - London Minster Building Centre Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £135.9k, this is equally as efficient (£153.8k)

£135.9k - London Minster Building Centre Limited

£153.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 26 days, this is earlier than average (41 days)

26 days - London Minster Building Centre Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1652 days, this is slower than average (32 days)

1652 days - London Minster Building Centre Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - London Minster Building Centre Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - London Minster Building Centre Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 167.7%, this is a higher level of debt than the average (63.5%)

167.7% - London Minster Building Centre Limited

63.5% - Industry AVG

LONDON MINSTER BUILDING CENTRE LIMITED financials

EXPORTms excel logo

London Minster Building Centre Limited's latest turnover from December 2023 is £1.9 million and the company has net assets of -£1.9 million. According to their latest financial statements, we estimate that London Minster Building Centre Limited has 14 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Turnover1,902,0003,805,0003,329,0003,418,0002,508,00091,000
Other Income Or Grants000000
Cost Of Sales677,0003,106,0003,045,0004,101,0003,788,000938,000
Gross Profit1,225,000699,000284,000-683,000-1,280,000-847,000
Admin Expenses317,000845,000670,000837,000678,000139,000
Operating Profit908,000-146,000-386,000-1,520,000-1,958,000-986,000
Interest Payable568,000613,000554,000587,000602,0001,000
Interest Receivable0002,0005,0002,000
Pre-Tax Profit340,000-759,000-940,000-2,105,000-2,555,000-985,000
Tax000000
Profit After Tax340,000-759,000-940,000-2,105,000-2,555,000-985,000
Dividends Paid000000
Retained Profit340,000-759,000-940,000-2,105,000-2,555,000-985,000
Employee Costs0001,040,42700
Number Of Employees14323132221
EBITDA*922,000864,000770,000-19,000-407,000-966,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Tangible Assets0177,00014,823,00018,006,00020,429,000980,000
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets0177,00014,823,00018,006,00020,429,000980,000
Stock & work in progress000000
Trade Debtors139,000771,000368,000400,000467,00068,000
Group Debtors0158,000204,000708,0001,020,0001,255,000
Misc Debtors2,624,000416,000362,0002,061,000610,000995,000
Cash000000
misc current assets000000
total current assets2,763,0001,345,000934,0003,169,0002,097,0002,318,000
total assets2,763,0001,522,00015,757,00021,175,00022,526,0003,298,000
Bank overdraft000000
Bank loan000000
Trade Creditors 3,065,000387,00001,607,000925,0000
Group/Directors Accounts879,0002,950,0001,631,000204,00081,00084,000
other short term finances000000
hp & lease commitments01,880,0001,772,0003,580,0001,651,0000
other current liabilities690,000439,000495,000476,000541,0001,845,000
total current liabilities4,634,0005,656,0003,898,0005,867,0003,198,0001,929,000
loans000000
hp & lease commitments03,744,00019,501,00022,010,00023,925,0000
Accruals and Deferred Income0523,0000002,354,000
other liabilities000000
provisions000000
total long term liabilities04,267,00019,501,00022,010,00023,925,0002,354,000
total liabilities4,634,0009,923,00023,399,00027,877,00027,123,0004,283,000
net assets-1,871,000-8,401,000-7,642,000-6,702,000-4,597,000-985,000
total shareholders funds-1,871,000-8,401,000-7,642,000-6,702,000-4,597,000-985,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Operating Activities
Operating Profit908,000-146,000-386,000-1,520,000-1,958,000-986,000
Depreciation14,0001,010,0001,156,0001,501,0001,551,00020,000
Amortisation000000
Tax000000
Stock000000
Debtors1,418,000411,000-2,235,0001,072,000-221,0002,318,000
Creditors2,678,000387,000-1,607,000682,000925,0000
Accruals and Deferred Income-272,000467,00019,000-65,000-3,658,0004,199,000
Deferred Taxes & Provisions000000
Cash flow from operations1,910,0001,307,0001,417,000-474,000-2,919,000915,000
Investing Activities
capital expenditure163,00013,636,0002,027,000922,000-21,000,000-1,000,000
Change in Investments000000
cash flow from investments163,00013,636,0002,027,000922,000-21,000,000-1,000,000
Financing Activities
Bank loans000000
Group/Directors Accounts-2,071,0001,319,0001,427,000123,000-3,00084,000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments-5,624,000-15,649,000-4,317,00014,00025,576,0000
other long term liabilities000000
share issue6,190,000000-1,057,0000
interest-568,000-613,000-554,000-585,000-597,0001,000
cash flow from financing-2,073,000-14,943,000-3,444,000-448,00023,919,00085,000
cash and cash equivalents
cash000000
overdraft000000
change in cash000000

london minster building centre 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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London Minster Building Centre Limited Competitor Analysis

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Perform a competitor analysis for london minster building centre limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in W 2 area or any other competitors across 12 key performance metrics.

london minster building centre limited Ownership

LONDON MINSTER BUILDING CENTRE LIMITED group structure

London Minster Building Centre Limited has no subsidiary companies.

Ultimate parent company

IWG PLC

#0078602

IWG GROUP HOLDINGS SARL

#0104720

2 parents

LONDON MINSTER BUILDING CENTRE LIMITED

11067268

LONDON MINSTER BUILDING CENTRE LIMITED Shareholders

iwg group holdings sarl 100%

london minster building centre limited directors

London Minster Building Centre Limited currently has 1 director, Mr Gavin Phillips serving since May 2024.

officercountryagestartendrole
Mr Gavin PhillipsEngland40 years May 2024- Director

P&L

December 2023

turnover

1.9m

-50%

operating profit

908k

-722%

gross margin

64.5%

+250.59%

turnover

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

Balance Sheet

December 2023

net assets

-1.9m

-0.78%

total assets

2.8m

+0.82%

cash

0

0%

net assets

Total assets minus all liabilities

london minster building centre limited company details

company number

11067268

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

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

November 2017

age

8

incorporated

UK

ultimate parent company

IWG PLC

accounts

Full Accounts

last accounts submitted

December 2023

previous names

express 147 limited (December 2017)

accountant

-

auditor

KPMG

address

6th floor, 2 kingdom street, london, W2 6BD

Bank

-

Legal Advisor

-

london minster building centre 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 3 charges/mortgages relating to london minster building centre limited. Currently there are 3 open charges and 0 have been satisfied in the past.

london minster building centre 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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london minster building centre limited Companies House Filings - See Documents

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