matthews benjamin lettings ltd
matthews benjamin lettings ltd Company Information
Company Number
11166870
Website
www.matthewsbenjamin.co.ukRegistered Address
hazelwood ellerthwaite square, windermere, cumbria, LA23 1DU
Industry
Management of real estate on a fee or contract basis
Telephone
01539447717
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
matthew benjamin limited 100%
matthews benjamin lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of MATTHEWS BENJAMIN LETTINGS LTD at £230.7k based on a Turnover of £111.8k and 2.06x industry multiple (adjusted for size and gross margin).
matthews benjamin lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of MATTHEWS BENJAMIN LETTINGS LTD at £106.7k based on an EBITDA of £14.4k and a 7.39x industry multiple (adjusted for size and gross margin).
matthews benjamin lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of MATTHEWS BENJAMIN LETTINGS LTD at £26.3k based on Net Assets of £16k and 1.64x industry multiple (adjusted for liquidity).
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Matthews Benjamin Lettings Ltd Overview
Matthews Benjamin Lettings Ltd is a live company located in cumbria, LA23 1DU with a Companies House number of 11166870. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in January 2018, it's largest shareholder is matthew benjamin limited with a 100% stake. Matthews Benjamin Lettings Ltd is a young, micro sized company, Pomanda has estimated its turnover at £111.8k with declining growth in recent years.
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Matthews Benjamin Lettings Ltd Health Check
Pomanda's financial health check has awarded Matthews Benjamin Lettings Ltd 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 £111.8k, make it smaller than the average company (£1.1m)
- Matthews Benjamin Lettings Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4.2%)
- Matthews Benjamin Lettings Ltd
4.2% - Industry AVG
Production
with a gross margin of 43.9%, this company has a comparable cost of product (43.9%)
- Matthews Benjamin Lettings Ltd
43.9% - Industry AVG
Profitability
an operating margin of 12.9% make it more profitable than the average company (8.1%)
- Matthews Benjamin Lettings Ltd
8.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (10)
3 - Matthews Benjamin Lettings Ltd
10 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
- Matthews Benjamin Lettings Ltd
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £37.3k, this is less efficient (£104.3k)
- Matthews Benjamin Lettings Ltd
£104.3k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (33 days)
- Matthews Benjamin Lettings Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 82 days, this is slower than average (31 days)
- Matthews Benjamin Lettings Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Matthews Benjamin Lettings Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 107 weeks, this is more cash available to meet short term requirements (22 weeks)
107 weeks - Matthews Benjamin Lettings Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.8%, this is a lower level of debt than the average (80.6%)
46.8% - Matthews Benjamin Lettings Ltd
80.6% - Industry AVG
MATTHEWS BENJAMIN LETTINGS LTD financials
Matthews Benjamin Lettings Ltd's latest turnover from August 2023 is estimated at £111.8 thousand and the company has net assets of £16 thousand. According to their latest financial statements, Matthews Benjamin Lettings Ltd has 3 employees and maintains cash reserves of £29.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 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 | 2 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1 | 1 | 1 | 92 | 312 | 532 |
| 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 | 1 | 1 | 92 | 312 | 532 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,073 | 1,869 | 1,640 | 871 | 1,450 | 1,218 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 29,072 | 11,726 | 23,411 | 12,723 | 3,510 | 6,911 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 30,145 | 13,595 | 25,051 | 13,594 | 4,960 | 8,129 |
| total assets | 30,146 | 13,596 | 25,052 | 13,686 | 5,272 | 8,661 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,111 | 9,162 | 31,941 | 40,899 | 36,396 | 27,795 |
| 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 | 14,111 | 9,162 | 31,941 | 40,899 | 36,396 | 27,795 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 14,111 | 9,162 | 31,941 | 40,899 | 36,396 | 27,795 |
| net assets | 16,035 | 4,434 | -6,889 | -27,213 | -31,124 | -19,134 |
| total shareholders funds | 16,035 | 4,434 | -6,889 | -27,213 | -31,124 | -19,134 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 91 | 220 | 220 | 127 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -796 | 229 | 769 | -579 | 232 | 1,218 |
| Creditors | 4,949 | -22,779 | -8,958 | 4,503 | 8,601 | 27,795 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 17,346 | -11,685 | 10,688 | 9,213 | -3,401 | 6,911 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 17,346 | -11,685 | 10,688 | 9,213 | -3,401 | 6,911 |
matthews benjamin lettings ltd Credit Report and Business Information
Matthews Benjamin Lettings Ltd Competitor Analysis
Perform a competitor analysis for matthews benjamin lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in LA23 area or any other competitors across 12 key performance metrics.
matthews benjamin lettings ltd Ownership
MATTHEWS BENJAMIN LETTINGS LTD group structure
Matthews Benjamin Lettings Ltd has no subsidiary companies.
Ultimate parent company
1 parent
MATTHEWS BENJAMIN LETTINGS LTD
11166870
matthews benjamin lettings ltd directors
Matthews Benjamin Lettings Ltd currently has 4 directors. The longest serving directors include Mr Adam Anderton (Jan 2018) and Mr Matthew Dixon (Jan 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Anderton | United Kingdom | 38 years | Jan 2018 | - | Director |
| Mr Matthew Dixon | United Kingdom | 48 years | Jan 2018 | - | Director |
| Mr Jack Irwin | United Kingdom | 35 years | Nov 2019 | - | Director |
| Ms Joanne Bond | England | 54 years | Jun 2023 | - | Director |
P&L
August 2023turnover
111.8k
+21%
operating profit
14.4k
0%
gross margin
44%
-6.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
16k
+2.62%
total assets
30.1k
+1.22%
cash
29.1k
+1.48%
net assets
Total assets minus all liabilities
matthews benjamin lettings ltd company details
company number
11166870
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
January 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
hazelwood ellerthwaite square, windermere, cumbria, LA23 1DU
Bank
-
Legal Advisor
-
matthews benjamin lettings ltd 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 matthews benjamin lettings ltd.
matthews benjamin lettings ltd Companies House Filings - See Documents
| date | description | view/download |
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