manex properties limited
manex properties limited Company Information
Company Number
11534324
Next Accounts
Sep 2025
Shareholders
rokeach & suesskind immobilien holding
habermann vermogensverwaltungs gmbh
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
c/o pkf littlejohn, 15, westferry circus, london, E14 4HD
Website
-manex properties limited Estimated Valuation
Pomanda estimates the enterprise value of MANEX PROPERTIES LIMITED at £63.8m based on a Turnover of £14.5m and 4.39x industry multiple (adjusted for size and gross margin).
manex properties limited Estimated Valuation
Pomanda estimates the enterprise value of MANEX PROPERTIES LIMITED at £25.5m based on an EBITDA of £2.7m and a 9.41x industry multiple (adjusted for size and gross margin).
manex properties limited Estimated Valuation
Pomanda estimates the enterprise value of MANEX PROPERTIES LIMITED at £0 based on Net Assets of £-11.5m and 1.58x industry multiple (adjusted for liquidity).
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Manex Properties Limited Overview
Manex Properties Limited is a live company located in london, E14 4HD with a Companies House number of 11534324. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2018, it's largest shareholder is rokeach & suesskind immobilien holding with a 50% stake. Manex Properties Limited is a young, mid sized company, Pomanda has estimated its turnover at £14.5m with rapid growth in recent years.
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Manex Properties Limited Health Check
Pomanda's financial health check has awarded Manex Properties Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £14.5m, make it larger than the average company (£919.3k)
£14.5m - Manex Properties Limited
£919.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 78%, show it is growing at a faster rate (2.8%)
- Manex Properties Limited
2.8% - Industry AVG
Production
with a gross margin of 79.6%, this company has a comparable cost of product (70.5%)
79.6% - Manex Properties Limited
70.5% - Industry AVG
Profitability
an operating margin of 5.6% make it less profitable than the average company (24%)
5.6% - Manex Properties Limited
24% - Industry AVG
Employees
with 84 employees, this is above the industry average (4)
84 - Manex Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £39k, the company has an equivalent pay structure (£38k)
£39k - Manex Properties Limited
£38k - Industry AVG
Efficiency
resulting in sales per employee of £173.1k, this is equally as efficient (£185k)
£173.1k - Manex Properties Limited
£185k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (25 days)
3 days - Manex Properties Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is slower than average (33 days)
41 days - Manex Properties Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (387 days)
10 days - Manex Properties Limited
387 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (8 weeks)
3 weeks - Manex Properties Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 117.3%, this is a higher level of debt than the average (64.3%)
117.3% - Manex Properties Limited
64.3% - Industry AVG
MANEX PROPERTIES LIMITED financials
Manex Properties Limited's latest turnover from December 2023 is £14.5 million and the company has net assets of -£11.5 million. According to their latest financial statements, Manex Properties Limited has 84 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 14,540,085 | 7,433,580 | |||
| Other Income Or Grants | |||||
| Cost Of Sales | 2,965,931 | 1,378,557 | |||
| Gross Profit | 11,574,154 | 6,055,023 | |||
| Admin Expenses | 10,758,480 | 7,198,517 | |||
| Operating Profit | 815,674 | -1,143,494 | |||
| Interest Payable | 4,072,332 | 2,483,584 | |||
| Interest Receivable | 14,720 | ||||
| Pre-Tax Profit | -3,241,938 | -3,627,078 | |||
| Tax | -21,067 | -18,085 | |||
| Profit After Tax | -3,263,005 | -3,645,163 | |||
| Dividends Paid | |||||
| Retained Profit | -3,263,005 | -3,645,163 | |||
| Employee Costs | 3,274,930 | ||||
| Number Of Employees | 84 | 57 | 2 | ||
| EBITDA* | 2,711,682 | 515,101 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 64,188,423 | 65,804,397 | 1,226,469 | ||
| Intangible Assets | |||||
| Investments & Other | 60,643,555 | 49,571,937 | 47,071,404 | ||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 64,188,423 | 65,804,397 | 61,870,024 | 49,571,937 | 47,071,404 |
| Stock & work in progress | 88,090 | 80,452 | |||
| Trade Debtors | 141,630 | 506,656 | 238,565 | 227,627 | |
| Group Debtors | |||||
| Misc Debtors | 64,113 | 204,596 | 700,650 | 415,860 | 5,110 |
| Cash | 1,846,527 | 1,724,173 | 659,388 | 6,082,990 | 810,060 |
| misc current assets | |||||
| total current assets | 2,140,360 | 2,515,877 | 1,360,038 | 6,737,415 | 1,042,797 |
| total assets | 66,328,783 | 68,320,274 | 63,230,062 | 56,309,352 | 48,114,201 |
| Bank overdraft | 1,648,847 | ||||
| Bank loan | 487,220 | 243,610 | |||
| Trade Creditors | 333,613 | 462,780 | 159,597 | 565,811 | 180,261 |
| Group/Directors Accounts | 26,850,621 | ||||
| other short term finances | 25,149,623 | 23,025,000 | |||
| hp & lease commitments | |||||
| other current liabilities | 1,968,793 | 2,231,598 | 375,830 | 27,292,162 | 26,645,452 |
| total current liabilities | 29,640,247 | 28,087,611 | 23,560,427 | 29,506,820 | 26,825,713 |
| loans | 47,703,981 | 48,191,201 | 43,546,362 | 28,587,367 | 21,875,000 |
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 489,152 | 667,535 | |||
| total long term liabilities | 48,193,133 | 48,858,736 | 43,546,362 | 28,587,367 | 21,875,000 |
| total liabilities | 77,833,380 | 76,946,347 | 67,106,789 | 58,094,187 | 48,700,713 |
| net assets | -11,504,597 | -8,626,073 | -3,876,727 | -1,784,835 | -586,512 |
| total shareholders funds | -11,504,597 | -8,626,073 | -3,876,727 | -1,784,835 | -586,512 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 815,674 | -1,143,494 | |||
| Depreciation | 1,896,008 | 1,658,595 | 221,319 | ||
| Amortisation | |||||
| Tax | -21,067 | -18,085 | |||
| Stock | 7,638 | 80,452 | |||
| Debtors | -505,509 | 10,602 | 46,225 | 421,688 | 232,737 |
| Creditors | -129,167 | 303,183 | -406,214 | 385,550 | 180,261 |
| Accruals and Deferred Income | -262,805 | 1,855,768 | -26,916,332 | 646,710 | 26,645,452 |
| Deferred Taxes & Provisions | -178,383 | 667,535 | |||
| Cash flow from operations | 2,618,131 | 3,232,448 | |||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | -60,643,555 | 11,071,618 | 2,500,533 | 47,071,404 | |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 243,610 | 243,610 | |||
| Group/Directors Accounts | 26,850,621 | ||||
| Other Short Term Loans | -25,149,623 | 2,124,623 | 23,025,000 | ||
| Long term loans | -487,220 | 4,644,839 | 14,958,995 | 6,712,367 | 21,875,000 |
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | -4,057,612 | -2,483,584 | |||
| cash flow from financing | -2,215,743 | 3,425,305 | |||
| cash and cash equivalents | |||||
| cash | 122,354 | 1,064,785 | -5,423,602 | 5,272,930 | 810,060 |
| overdraft | -1,648,847 | 1,648,847 | |||
| change in cash | 122,354 | 1,064,785 | -3,774,755 | 3,624,083 | 810,060 |
manex properties limited Credit Report and Business Information
Manex Properties Limited Competitor Analysis
Perform a competitor analysis for manex properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in E14 area or any other competitors across 12 key performance metrics.
manex properties limited Ownership
MANEX PROPERTIES LIMITED group structure
Manex Properties Limited has 1 subsidiary company.
Ultimate parent company
MANEX PROPERTIES LIMITED
11534324
1 subsidiary
manex properties limited directors
Manex Properties Limited currently has 5 directors. The longest serving directors include Mr Robert Stafler (Aug 2018) and Mr Ashley Marks (Sep 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Stafler | United Kingdom | 49 years | Aug 2018 | - | Director |
| Mr Ashley Marks | England | 45 years | Sep 2018 | - | Director |
| Mr Leo Rokeach | United Kingdom | 76 years | Sep 2018 | - | Director |
| Mr Artur Susskind | United Kingdom | 84 years | Sep 2018 | - | Director |
| Mr Harry Habermann | United Kingdom | 62 years | Sep 2018 | - | Director |
P&L
December 2023turnover
14.5m
+96%
operating profit
815.7k
-171%
gross margin
79.7%
-2.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-11.5m
+0.33%
total assets
66.3m
-0.03%
cash
1.8m
+0.07%
net assets
Total assets minus all liabilities
manex properties limited company details
company number
11534324
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
August 2018
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PKF LITTLEJOHN LLP
address
c/o pkf littlejohn, 15, westferry circus, london, E14 4HD
Bank
-
Legal Advisor
-
manex properties 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 4 charges/mortgages relating to manex properties limited. Currently there are 3 open charges and 1 have been satisfied in the past.
manex properties 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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manex properties limited Companies House Filings - See Documents
| date | description | view/download |
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