makan homes ltd
makan homes ltd Company Information
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
49 ewart grove, london, N22 5NY
Website
-makan homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MAKAN HOMES LTD at £6.9m based on a Turnover of £3.1m and 2.2x industry multiple (adjusted for size and gross margin).
makan homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MAKAN HOMES LTD at £0 based on an EBITDA of £-83.6k and a 4.72x industry multiple (adjusted for size and gross margin).
makan homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MAKAN HOMES LTD at £0 based on Net Assets of £-99.7k and 1.58x industry multiple (adjusted for liquidity).
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Makan Homes Ltd Overview
Makan Homes Ltd is a live company located in london, N22 5NY with a Companies House number of 11672000. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 2018, it's largest shareholder is neal patel with a 100% stake. Makan Homes Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.1m with unknown growth in recent years.
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Makan Homes Ltd Health Check
Pomanda's financial health check has awarded Makan Homes Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £3.1m, make it larger than the average company (£848k)
- Makan Homes Ltd
£848k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Makan Homes Ltd
- - Industry AVG
Production
with a gross margin of 25.3%, this company has a higher cost of product (68.5%)
- Makan Homes Ltd
68.5% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (25%)
- Makan Homes Ltd
25% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
- Makan Homes Ltd
4 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Makan Homes Ltd
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £628.8k, this is more efficient (£185.9k)
- Makan Homes Ltd
£185.9k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (25 days)
- Makan Homes Ltd
25 days - Industry AVG
Creditor Days
its suppliers are paid after 138 days, this is slower than average (30 days)
- Makan Homes Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Makan Homes Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Makan Homes Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.6%, this is a higher level of debt than the average (64.8%)
112.6% - Makan Homes Ltd
64.8% - Industry AVG
MAKAN HOMES LTD financials
Makan Homes Ltd's latest turnover from November 2023 is estimated at £3.1 million and the company has net assets of -£99.7 thousand. According to their latest financial statements, we estimate that Makan Homes Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 10,000 | 1,165,503 | |||
| Intangible Assets | |||||
| Investments & Other | 1 | 1 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 10,001 | 1,165,504 | 1 | 1 | 1 |
| Stock & work in progress | |||||
| Trade Debtors | 781,649 | 14,271 | |||
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | |||||
| misc current assets | |||||
| total current assets | 781,649 | 14,271 | |||
| total assets | 791,650 | 1,179,775 | 1 | 1 | 1 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 890,349 | 784,252 | |||
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 890,349 | 784,252 | |||
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | 1,020 | 840 | |||
| other liabilities | 410,754 | ||||
| provisions | |||||
| total long term liabilities | 1,020 | 411,594 | |||
| total liabilities | 891,369 | 1,195,846 | |||
| net assets | -99,719 | -16,071 | 1 | 1 | 1 |
| total shareholders funds | -99,719 | -16,071 | 1 | 1 | 1 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 767,378 | 14,271 | |||
| Creditors | 106,097 | 784,252 | |||
| Accruals and Deferred Income | 180 | 840 | |||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 1 | ||||
| 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 | -410,754 | 410,754 | |||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | |||||
| overdraft | |||||
| change in cash |
makan homes ltd Credit Report and Business Information
Makan Homes Ltd Competitor Analysis
Perform a competitor analysis for makan homes ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in N22 area or any other competitors across 12 key performance metrics.
makan homes ltd Ownership
MAKAN HOMES LTD group structure
Makan Homes Ltd has no subsidiary companies.
Ultimate parent company
MAKAN HOMES LTD
11672000
makan homes ltd directors
Makan Homes Ltd currently has 1 director, Mr Neal Patel serving since Nov 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neal Patel | England | 28 years | Nov 2018 | - | Director |
P&L
November 2023turnover
3.1m
+745%
operating profit
-83.6k
0%
gross margin
25.3%
-6.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-99.7k
+5.2%
total assets
791.7k
-0.33%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
makan homes ltd company details
company number
11672000
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
November 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
49 ewart grove, london, N22 5NY
Bank
-
Legal Advisor
-
makan homes 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 makan homes ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
makan homes 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.
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makan homes ltd Companies House Filings - See Documents
| date | description | view/download |
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