Pomanda estimates the enterprise value of MILEWAY VANTAGE 2 LTD at £16.1m based on a Turnover of £4.9m and 3.32x industry multiple (adjusted for size and gross margin).
mileway vantage 2 ltdEstimated Valuation
£37.3m
Pomanda estimates the enterprise value of MILEWAY VANTAGE 2 LTD at £37.3m based on an EBITDA of £5.7m and a 6.49x industry multiple (adjusted for size and gross margin).
mileway vantage 2 ltdEstimated Valuation
£87.5m
Pomanda estimates the enterprise value of MILEWAY VANTAGE 2 LTD at £87.5m based on Net Assets of £50.1m and 1.75x industry multiple (adjusted for liquidity).
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Mileway Vantage 2 LtdOverview
Mileway Vantage 2 Ltd is a live company located in london, EC2R 7BH with a Companies House number of 11555687. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2018, it's largest shareholder is
united uk 2021 holdco ltd
with a 100% stake. Mileway Vantage 2 Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£4.9m with
high
growth in recent years.
Pomanda's financial health check has awarded Mileway Vantage 2 Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
2 Regular
1 Weak
Size
annual sales of £4.9m, make it larger than the average company (£1.1m)
£4.9m - Mileway Vantage 2 Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (3.6%)
26% - Mileway Vantage 2 Ltd
3.6% - Industry AVG
Production
with a gross margin of 56.7%, this company has a higher cost of product (71%)
56.7% - Mileway Vantage 2 Ltd
71% - Industry AVG
Profitability
an operating margin of 118.4% make it more profitable than the average company (21.6%)
118.4% - Mileway Vantage 2 Ltd
21.6% - Industry AVG
Employees
with 24 employees, this is above the industry average (4)
24 - Mileway Vantage 2 Ltd
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Mileway Vantage 2 Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £202.1k, this is equally as efficient (£202.7k)
£202.1k - Mileway Vantage 2 Ltd
£202.7k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is near the average (33 days)
28 days - Mileway Vantage 2 Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is slower than average (34 days)
40 days - Mileway Vantage 2 Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mileway Vantage 2 Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 31 weeks, this is more cash available to meet short term requirements (10 weeks)
31 weeks - Mileway Vantage 2 Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.3%, this is a lower level of debt than the average (71.6%)
47.3% - Mileway Vantage 2 Ltd
71.6% - Industry AVG
MILEWAY VANTAGE 2 LTD financials
EXPORT
Mileway Vantage 2 Ltd's latest turnover from December 2023 is £4.9 million and the company has net assets of £50.1 million. According to their latest financial statements, we estimate that Mileway Vantage 2 Ltd has 24 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Turnover
4,851,504
4,985,960
4,463,309
2,406,968
2,682,711
Other Income Or Grants
Cost Of Sales
2,101,996
1,702,881
4,333,422
752,380
889,786
Gross Profit
2,749,508
3,283,079
129,887
1,654,588
1,792,925
Admin Expenses
-2,993,583
-10,272,575
-16,395,995
-1,361,521
-619,086
Operating Profit
5,743,091
13,555,654
16,525,882
3,016,109
2,412,011
Interest Payable
2,844,729
1,560,685
1,134,821
581,821
637,455
Interest Receivable
2,200,311
1,224,607
461,447
851
1,804
Pre-Tax Profit
4,047,853
13,516,467
15,983,324
2,318,203
1,663,209
Tax
-3,793
3,054,536
-3,153,434
-242,146
-330,973
Profit After Tax
4,044,060
16,571,003
12,829,890
2,076,057
1,332,236
Dividends Paid
975,000
1,190,000
Retained Profit
4,044,060
16,571,003
12,829,890
1,101,057
142,236
Employee Costs
Number Of Employees
24
27
29
16
17
EBITDA*
5,743,091
13,555,654
16,525,882
3,016,109
2,412,011
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Tangible Assets
87,071,572
83,710,276
71,974,245
35,779,301
34,745,696
Intangible Assets
Investments & Other
68,232,327
64,871,031
53,135,000
35,756,837
34,745,696
Debtors (Due After 1 year)
18,839,245
18,839,245
18,839,245
22,464
Total Fixed Assets
87,071,572
83,710,276
71,974,245
35,779,301
34,745,696
Stock & work in progress
Trade Debtors
378,665
497,987
1,008,811
215,063
122,577
Group Debtors
4,302,858
2,034,013
347,041
Misc Debtors
348,707
80,652
980,070
124,684
108,553
Cash
1,929,031
2,029,388
1,216,075
2,501,645
3,540,674
misc current assets
837,533
578,892
10,416
total current assets
7,955,534
5,468,795
3,551,997
2,841,392
3,782,220
total assets
95,027,106
89,179,071
75,526,242
38,620,693
38,527,916
Bank overdraft
Bank loan
279,692
189,464
74,820
Trade Creditors
233,934
177,079
150,179
790,284
662,231
Group/Directors Accounts
247,607
131,570
223,410
other short term finances
hp & lease commitments
other current liabilities
2,440,920
2,351,862
2,538,014
1,611,313
1,265,699
total current liabilities
3,202,153
2,849,975
2,986,423
2,401,597
1,927,930
loans
73,112,568
71,631,127
77,969,728
19,333,820
19,257,715
hp & lease commitments
Accruals and Deferred Income
other liabilities
452,322
481,966
739,450
provisions
6,284,234
83,556
total long term liabilities
41,736,502
40,284,705
42,866,431
19,375,598
19,257,715
total liabilities
44,938,655
43,134,680
45,852,854
21,777,195
21,185,645
net assets
50,088,451
46,044,391
29,673,388
16,843,498
17,342,271
total shareholders funds
50,088,451
46,044,391
29,673,388
16,843,498
17,342,271
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Operating Activities
Operating Profit
5,743,091
13,555,654
16,525,882
3,016,109
2,412,011
Depreciation
Amortisation
Tax
-3,793
3,054,536
-3,153,434
-242,146
-330,973
Stock
Debtors
2,417,578
276,730
20,812,956
131,081
231,130
Creditors
56,855
26,900
-640,105
128,053
662,231
Accruals and Deferred Income
89,058
-186,152
926,701
345,614
1,265,699
Deferred Taxes & Provisions
-6,284,234
6,200,678
83,556
Cash flow from operations
3,467,633
9,889,974
-953,234
3,200,105
3,777,838
Investing Activities
capital expenditure
-3,361,296
-11,736,031
-36,194,944
-1,033,605
-34,745,696
Change in Investments
3,361,296
11,736,031
17,378,163
1,011,141
34,745,696
cash flow from investments
-6,722,592
-23,472,062
-53,573,107
-2,044,746
-69,491,392
Financing Activities
Bank loans
90,228
114,644
74,820
Group/Directors Accounts
116,037
-91,840
223,410
Other Short Term Loans
Long term loans
1,481,441
-6,338,601
58,635,908
76,105
19,257,715
Hire Purchase and Lease Commitments
other long term liabilities
-29,644
-257,484
739,450
share issue
-200,000
-1,599,830
17,200,035
interest
-644,418
-336,078
-673,374
-580,970
-635,651
cash flow from financing
1,013,644
-7,109,359
59,000,214
-2,104,695
35,822,099
cash and cash equivalents
cash
-100,357
813,313
-1,285,570
-1,039,029
3,540,674
overdraft
change in cash
-100,357
813,313
-1,285,570
-1,039,029
3,540,674
mileway vantage 2 ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for mileway vantage 2 ltd. Get real-time insights into mileway vantage 2 ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mileway vantage 2 ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in EC2R area or any other competitors across 12 key performance metrics.
mileway vantage 2 ltd Ownership
MILEWAY VANTAGE 2 LTD group structure
Mileway Vantage 2 Ltd has no subsidiary companies.
Ultimate parent company
UNITED UK 2021 HOLDCO SARL
#0134457
1 parent
MILEWAY VANTAGE 2 LTD
11555687
MILEWAY VANTAGE 2 LTD Shareholders
The sole shareholder of Mileway Vantage 2 Ltd is United Uk 2021 Holdco Ltd.
united uk 2021 holdco ltd
100%
mileway vantage 2 ltd directors
Mileway Vantage 2 Ltd currently has 5 directors.
The longest serving directors include
Mr Stuart Jackson (Mar 2020) and
Mr Panayot Vasilev (Mar 2021).
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 5 charges/mortgages relating to mileway vantage 2 ltd. Currently there are 3 open charges and 2 have been satisfied in the past.
mileway vantage 2 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 MILEWAY VANTAGE 2 LTD. This can take several minutes, an email will notify you when this has completed.
mileway vantage 2 ltdCompanies House Filings - See Documents
