miller & co lettings ltd

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miller & co lettings ltd Company Information

Share MILLER & CO LETTINGS LTD

Company Number

11559892

Directors

Sheryl Miller

Shareholders

leah miller

sheryl miller

Group Structure

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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

suite 2a blackthorn house, st. pauls square, birmingham, B3 1RL

miller & co lettings ltd Estimated Valuation

£852.5k

Pomanda estimates the enterprise value of MILLER & CO LETTINGS LTD at £852.5k based on a Turnover of £357.1k and 2.39x industry multiple (adjusted for size and gross margin).

miller & co lettings ltd Estimated Valuation

£131.4k

Pomanda estimates the enterprise value of MILLER & CO LETTINGS LTD at £131.4k based on an EBITDA of £28.2k and a 4.67x industry multiple (adjusted for size and gross margin).

miller & co lettings ltd Estimated Valuation

£18.2k

Pomanda estimates the enterprise value of MILLER & CO LETTINGS LTD at £18.2k based on Net Assets of £10.4k and 1.75x industry multiple (adjusted for liquidity).

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Miller & Co Lettings Ltd Overview

Miller & Co Lettings Ltd is a live company located in birmingham, B3 1RL with a Companies House number of 11559892. 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 leah miller with a 50% stake. Miller & Co Lettings Ltd is a young, micro sized company, Pomanda has estimated its turnover at £357.1k with rapid growth in recent years.

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Miller & Co Lettings Ltd Health Check

Pomanda's financial health check has awarded Miller & Co Lettings Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £357.1k, make it smaller than the average company (£847.4k)

£357.1k - Miller & Co Lettings Ltd

£847.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (2.8%)

37% - Miller & Co Lettings Ltd

2.8% - Industry AVG

production

Production

with a gross margin of 29.4%, this company has a higher cost of product (72.4%)

29.4% - Miller & Co Lettings Ltd

72.4% - Industry AVG

profitability

Profitability

an operating margin of 7.9% make it less profitable than the average company (27.7%)

7.9% - Miller & Co Lettings Ltd

27.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Miller & Co Lettings Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)

£31.9k - Miller & Co Lettings Ltd

£31.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £357.1k, this is more efficient (£180.3k)

£357.1k - Miller & Co Lettings Ltd

£180.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 28 days, this is near the average (33 days)

28 days - Miller & Co Lettings Ltd

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1679 days, this is slower than average (34 days)

1679 days - Miller & Co Lettings Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Miller & Co Lettings Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Miller & Co Lettings Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.1%, this is a higher level of debt than the average (68%)

99.1% - Miller & Co Lettings Ltd

68% - Industry AVG

MILLER & CO LETTINGS LTD financials

EXPORTms excel logo

Miller & Co Lettings Ltd's latest turnover from September 2023 is estimated at £357.1 thousand and the company has net assets of £10.4 thousand. According to their latest financial statements, Miller & Co Lettings Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Turnover357,106307,520399,331138,717191,408
Other Income Or Grants
Cost Of Sales251,989221,015294,49299,663136,590
Gross Profit105,11786,506104,84039,05454,818
Admin Expenses76,965106,833116,19644,97621,606
Operating Profit28,152-20,327-11,356-5,92233,212
Interest Payable
Interest Receivable
Pre-Tax Profit28,152-20,327-11,356-5,92233,212
Tax-7,038-6,310
Profit After Tax21,114-20,327-11,356-5,92226,902
Dividends Paid
Retained Profit21,114-20,327-11,356-5,92226,902
Employee Costs31,92030,64456,80127,76228,619
Number Of Employees11211
EBITDA*28,152-20,327-11,356-5,92233,212

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Tangible Assets1,141,6121,141,6121,000,450352,402123,074
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,141,6121,141,6121,000,450352,402123,074
Stock & work in progress
Trade Debtors28,0106,89621,2071,29832,798
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets28,0106,89621,2071,29832,798
total assets1,169,6221,148,5081,021,657353,700155,872
Bank overdraft
Bank loan
Trade Creditors 1,159,2111,159,2111,012,033332,720
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities1,159,2111,159,2111,012,033332,720
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities128,970
total liabilities1,159,2111,159,2111,012,033332,720128,970
net assets10,411-10,7039,62420,98026,902
total shareholders funds10,411-10,7039,62420,98026,902
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Operating Activities
Operating Profit28,152-20,327-11,356-5,92233,212
Depreciation
Amortisation
Tax-7,038-6,310
Stock
Debtors21,114-14,31119,909-31,50032,798
Creditors147,178679,313332,720
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations141,162648,048358,298-5,896
Investing Activities
capital expenditure-141,162-648,048-229,328-123,074
Change in Investments
cash flow from investments-141,162-648,048-229,328-123,074
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

miller & co lettings ltd 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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Miller & Co Lettings Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for miller & co lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in B 3 area or any other competitors across 12 key performance metrics.

miller & co lettings ltd Ownership

MILLER & CO LETTINGS LTD group structure

Miller & Co Lettings Ltd has no subsidiary companies.

Ultimate parent company

1 parent

MILLER & CO LETTINGS LTD

11559892

MILLER & CO LETTINGS LTD Shareholders

leah miller 50%
sheryl miller 50%

miller & co lettings ltd directors

Miller & Co Lettings Ltd currently has 1 director, Mrs Sheryl Miller serving since Sep 2018.

officercountryagestartendrole
Mrs Sheryl MillerUnited Kingdom52 years Sep 2018- Director

P&L

September 2023

turnover

357.1k

+16%

operating profit

28.2k

0%

gross margin

29.5%

+4.64%

turnover

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

Balance Sheet

September 2023

net assets

10.4k

-1.97%

total assets

1.2m

+0.02%

cash

0

0%

net assets

Total assets minus all liabilities

miller & co lettings ltd company details

company number

11559892

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

September 2018

age

7

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

suite 2a blackthorn house, st. pauls square, birmingham, B3 1RL

Bank

-

Legal Advisor

-

miller & co 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 found 19 charges/mortgages relating to miller & co lettings ltd. Currently there are 10 open charges and 9 have been satisfied in the past.

miller & co lettings 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 MILLER & CO LETTINGS LTD. This can take several minutes, an email will notify you when this has completed.

miller & co lettings ltd Companies House Filings - See Documents

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