mrk property ltd
mrk property ltd Company Information
Company Number
11537278
Next Accounts
May 2025
Directors
Shareholders
vanessa jane kirkpatrick
matthew richard kirkpatrick
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
12 beech drive, burton upon trent, stretton, staffordshire, DE13 0DY
Website
-mrk property ltd Estimated Valuation
Pomanda estimates the enterprise value of MRK PROPERTY LTD at £580.3k based on a Turnover of £178.2k and 3.26x industry multiple (adjusted for size and gross margin).
mrk property ltd Estimated Valuation
Pomanda estimates the enterprise value of MRK PROPERTY LTD at £0 based on an EBITDA of £-10.6k and a 6.54x industry multiple (adjusted for size and gross margin).
mrk property ltd Estimated Valuation
Pomanda estimates the enterprise value of MRK PROPERTY LTD at £87.3k based on Net Assets of £49.5k and 1.76x industry multiple (adjusted for liquidity).
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Mrk Property Ltd Overview
Mrk Property Ltd is a live company located in stretton, DE13 0DY with a Companies House number of 11537278. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2018, it's largest shareholder is vanessa jane kirkpatrick with a 50% stake. Mrk Property Ltd is a young, micro sized company, Pomanda has estimated its turnover at £178.2k with declining growth in recent years.
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Mrk Property Ltd Health Check
Pomanda's financial health check has awarded Mrk Property Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £178.2k, make it smaller than the average company (£833k)
- Mrk Property Ltd
£833k - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (2.6%)
- Mrk Property Ltd
2.6% - Industry AVG
Production
with a gross margin of 72.7%, this company has a comparable cost of product (72.7%)
- Mrk Property Ltd
72.7% - Industry AVG
Profitability
an operating margin of -6% make it less profitable than the average company (26.4%)
- Mrk Property Ltd
26.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Mrk Property Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- Mrk Property Ltd
£31k - Industry AVG
Efficiency
resulting in sales per employee of £178.2k, this is equally as efficient (£178.2k)
- Mrk Property Ltd
£178.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mrk Property Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mrk Property Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mrk Property Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (13 weeks)
4 weeks - Mrk Property Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.2%, this is a lower level of debt than the average (67.8%)
42.2% - Mrk Property Ltd
67.8% - Industry AVG
MRK PROPERTY LTD financials
Mrk Property Ltd's latest turnover from August 2023 is estimated at £178.2 thousand and the company has net assets of £49.5 thousand. According to their latest financial statements, Mrk Property Ltd has 1 employee and maintains cash reserves of £1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|
| 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 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 214,854 | 159,060 | |||
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 214,854 | 159,060 | |||
| Stock & work in progress | |||||
| Trade Debtors | 69,451 | 200 | |||
| Group Debtors | |||||
| Misc Debtors | 84,716 | 13,522 | |||
| Cash | 1,005 | 63,568 | 10,069 | 11,330 | |
| misc current assets | |||||
| total current assets | 85,721 | 77,090 | 79,520 | 11,330 | 200 |
| total assets | 85,721 | 77,090 | 294,374 | 170,390 | 200 |
| Bank overdraft | 10,648 | ||||
| Bank loan | |||||
| Trade Creditors | 279,308 | 180,185 | |||
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 712 | 2,858 | |||
| total current liabilities | 11,360 | 2,858 | 279,308 | 180,185 | |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 24,851 | 15,179 | 35,767 | ||
| provisions | |||||
| total long term liabilities | 24,851 | 15,179 | 35,767 | ||
| total liabilities | 36,211 | 18,037 | 315,075 | 180,185 | |
| net assets | 49,510 | 59,053 | -20,701 | -9,795 | 200 |
| total shareholders funds | 49,510 | 59,053 | -20,701 | -9,795 | 200 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 71,194 | -55,929 | 69,451 | -200 | 200 |
| Creditors | -279,308 | 99,123 | 180,185 | ||
| Accruals and Deferred Income | -2,146 | 2,858 | |||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | 9,672 | -20,588 | 35,767 | ||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -62,563 | 53,499 | -1,261 | 11,330 | |
| overdraft | 10,648 | ||||
| change in cash | -73,211 | 53,499 | -1,261 | 11,330 |
mrk property ltd Credit Report and Business Information
Mrk Property Ltd Competitor Analysis
Perform a competitor analysis for mrk property ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DE13 area or any other competitors across 12 key performance metrics.
mrk property ltd Ownership
MRK PROPERTY LTD group structure
Mrk Property Ltd has no subsidiary companies.
Ultimate parent company
MRK PROPERTY LTD
11537278
mrk property ltd directors
Mrk Property Ltd currently has 1 director, Mr Matthew Kirkpatrick serving since Aug 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Kirkpatrick | England | 33 years | Aug 2018 | - | Director |
P&L
August 2023turnover
178.2k
+13%
operating profit
-10.6k
0%
gross margin
72.8%
+0.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
49.5k
-0.16%
total assets
85.7k
+0.11%
cash
1k
-0.98%
net assets
Total assets minus all liabilities
mrk property ltd company details
company number
11537278
Type
Private limited with Share Capital
industry
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
August 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
12 beech drive, burton upon trent, stretton, staffordshire, DE13 0DY
Bank
THE ROYAL BANK OF SCOTLAND
Legal Advisor
-
mrk property 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 found 3 charges/mortgages relating to mrk property ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
mrk property ltd 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.
Click to start generating capital raising & share issue transactions for MRK PROPERTY LTD. This can take several minutes, an email will notify you when this has completed.
mrk property ltd Companies House Filings - See Documents
| date | description | view/download |
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