myrtle road investments limited
myrtle road investments limited Company Information
Company Number
11976752
Website
-Registered Address
12 milton road, london, W7 1LF
Industry
Buying and selling of own real estate
Renting and operating of Housing Association real estate
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
simon vincent 50%
caroline harriott 50%
myrtle road investments limited Estimated Valuation
Pomanda estimates the enterprise value of MYRTLE ROAD INVESTMENTS LIMITED at £1.4m based on a Turnover of £744.6k and 1.91x industry multiple (adjusted for size and gross margin).
myrtle road investments limited Estimated Valuation
Pomanda estimates the enterprise value of MYRTLE ROAD INVESTMENTS LIMITED at £157.3k based on an EBITDA of £34.2k and a 4.6x industry multiple (adjusted for size and gross margin).
myrtle road investments limited Estimated Valuation
Pomanda estimates the enterprise value of MYRTLE ROAD INVESTMENTS LIMITED at £0 based on Net Assets of £-5.7k and 1.62x industry multiple (adjusted for liquidity).
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Myrtle Road Investments Limited Overview
Myrtle Road Investments Limited is a live company located in london, W7 1LF with a Companies House number of 11976752. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2019, it's largest shareholder is simon vincent with a 50% stake. Myrtle Road Investments Limited is a young, small sized company, Pomanda has estimated its turnover at £744.6k with rapid growth in recent years.
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Myrtle Road Investments Limited Health Check
Pomanda's financial health check has awarded Myrtle Road Investments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £744.6k, make it smaller than the average company (£1.1m)
- Myrtle Road Investments Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 72%, show it is growing at a faster rate (2.6%)
- Myrtle Road Investments Limited
2.6% - Industry AVG
Production
with a gross margin of 21.7%, this company has a higher cost of product (61.4%)
- Myrtle Road Investments Limited
61.4% - Industry AVG
Profitability
an operating margin of 4.6% make it less profitable than the average company (20%)
- Myrtle Road Investments Limited
20% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
- Myrtle Road Investments Limited
6 - Industry AVG
Pay Structure
on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)
- Myrtle Road Investments Limited
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £248.2k, this is more efficient (£156.9k)
- Myrtle Road Investments Limited
£156.9k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (27 days)
- Myrtle Road Investments Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 199 days, this is slower than average (31 days)
- Myrtle Road Investments Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Myrtle Road Investments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Myrtle Road Investments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.9%, this is a higher level of debt than the average (68.5%)
100.9% - Myrtle Road Investments Limited
68.5% - Industry AVG
MYRTLE ROAD INVESTMENTS LIMITED financials
Myrtle Road Investments Limited's latest turnover from May 2023 is estimated at £744.6 thousand and the company has net assets of -£5.7 thousand. According to their latest financial statements, we estimate that Myrtle Road Investments Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| 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
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| Tangible Assets | 457,534 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 457,534 | 415,443 | 315,415 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 457,534 | 457,534 | 415,443 | 315,415 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 168,954 | 8,125 | 8,360 | 171 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 199,754 | 42,192 | 5,050 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 168,954 | 207,879 | 50,552 | 5,221 |
| total assets | 626,488 | 665,413 | 465,995 | 320,636 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 318,381 | 392,138 | 501,622 | 321,353 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 318,381 | 392,138 | 501,622 | 321,353 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 5,839 | 0 | 0 | 0 |
| other liabilities | 308,000 | 308,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 313,839 | 308,000 | 0 | 0 |
| total liabilities | 632,220 | 700,138 | 501,622 | 321,353 |
| net assets | -5,732 | -34,725 | -35,627 | -717 |
| total shareholders funds | -5,732 | -34,725 | -35,627 | -717 |
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 160,829 | -235 | 8,189 | 171 |
| Creditors | -73,757 | -109,484 | 180,269 | 321,353 |
| Accruals and Deferred Income | 5,839 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -457,534 | 42,091 | 100,028 | 315,415 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 308,000 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -199,754 | 157,562 | 37,142 | 5,050 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -199,754 | 157,562 | 37,142 | 5,050 |
myrtle road investments limited Credit Report and Business Information
Myrtle Road Investments Limited Competitor Analysis
Perform a competitor analysis for myrtle road investments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in W 7 area or any other competitors across 12 key performance metrics.
myrtle road investments limited Ownership
MYRTLE ROAD INVESTMENTS LIMITED group structure
Myrtle Road Investments Limited has no subsidiary companies.
Ultimate parent company
MYRTLE ROAD INVESTMENTS LIMITED
11976752
myrtle road investments limited directors
Myrtle Road Investments Limited currently has 2 directors. The longest serving directors include Mrs Caroline Harriott (May 2019) and Mr Simon Vincent (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Caroline Harriott | 55 years | May 2019 | - | Director | |
| Mr Simon Vincent | England | 57 years | May 2019 | - | Director |
P&L
May 2023turnover
744.6k
+261%
operating profit
34.2k
0%
gross margin
21.7%
+2.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-5.7k
-0.83%
total assets
626.5k
-0.06%
cash
0
-1%
net assets
Total assets minus all liabilities
myrtle road investments limited company details
company number
11976752
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
68201 - Renting and operating of Housing Association real estate
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
May 2019
age
5
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
12 milton road, london, W7 1LF
accountant
LIBURD GALLAGHER ACCOUNTANCY LTD
auditor
-
myrtle road investments 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 3 charges/mortgages relating to myrtle road investments limited. Currently there are 3 open charges and 0 have been satisfied in the past.
myrtle road investments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
