marygate house development limited
marygate house development limited Company Information
Company Number
12067415
Next Accounts
Mar 2026
Shareholders
priestley homes (holdings) limited
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
2nd floor offices, marygate hous, 2 marygate, wakefield, WF1 1NX
Website
priestleylettings.co.ukmarygate house development limited Estimated Valuation
Pomanda estimates the enterprise value of MARYGATE HOUSE DEVELOPMENT LIMITED at £539.9k based on a Turnover of £176.4k and 3.06x industry multiple (adjusted for size and gross margin).
marygate house development limited Estimated Valuation
Pomanda estimates the enterprise value of MARYGATE HOUSE DEVELOPMENT LIMITED at £272.4k based on an EBITDA of £41.5k and a 6.56x industry multiple (adjusted for size and gross margin).
marygate house development limited Estimated Valuation
Pomanda estimates the enterprise value of MARYGATE HOUSE DEVELOPMENT LIMITED at £768.8k based on Net Assets of £488.1k and 1.58x industry multiple (adjusted for liquidity).
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Marygate House Development Limited Overview
Marygate House Development Limited is a live company located in wakefield, WF1 1NX with a Companies House number of 12067415. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 2019, it's largest shareholder is priestley homes (holdings) limited with a 100% stake. Marygate House Development Limited is a young, micro sized company, Pomanda has estimated its turnover at £176.4k with declining growth in recent years.
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Marygate House Development Limited Health Check
Pomanda's financial health check has awarded Marygate House Development Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
3 Weak
Size
annual sales of £176.4k, make it smaller than the average company (£770.2k)
- Marygate House Development Limited
£770.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -59%, show it is growing at a slower rate (3.3%)
- Marygate House Development Limited
3.3% - Industry AVG
Production
with a gross margin of 71.7%, this company has a comparable cost of product (71.7%)
- Marygate House Development Limited
71.7% - Industry AVG
Profitability
an operating margin of 23.5% make it as profitable than the average company (25.8%)
- Marygate House Development Limited
25.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Marygate House Development Limited
4 - Industry AVG
Pay Structure
on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)
- Marygate House Development Limited
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £176.4k, this is equally as efficient (£176.4k)
- Marygate House Development Limited
£176.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Marygate House Development Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Marygate House Development Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Marygate House Development Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Marygate House Development Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.2%, this is a lower level of debt than the average (63.9%)
51.2% - Marygate House Development Limited
63.9% - Industry AVG
MARYGATE HOUSE DEVELOPMENT LIMITED financials
Marygate House Development Limited's latest turnover from June 2024 is estimated at £176.4 thousand and the company has net assets of £488.1 thousand. According to their latest financial statements, Marygate House Development Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 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 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,000,000 | 1,000,000 | 405,970 | ||
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 1,000,000 | 1,000,000 | 405,970 | ||
| Stock & work in progress | |||||
| Trade Debtors | 405,970 | 2 | |||
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | |||||
| misc current assets | |||||
| total current assets | 405,970 | 2 | |||
| total assets | 1,000,000 | 1,000,000 | 405,970 | 405,970 | 2 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 405,968 | ||||
| Group/Directors Accounts | 131,261 | 141,691 | |||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 1,741 | ||||
| total current liabilities | 133,002 | 141,691 | 405,968 | ||
| loans | 266,000 | 266,000 | 432,752 | ||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 112,866 | 112,866 | |||
| total long term liabilities | 378,866 | 378,866 | 432,752 | ||
| total liabilities | 511,868 | 520,557 | 432,752 | 405,968 | |
| net assets | 488,132 | 479,443 | -26,782 | 2 | 2 |
| total shareholders funds | 488,132 | 479,443 | -26,782 | 2 | 2 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | -405,970 | 405,968 | 2 | ||
| Creditors | -405,968 | 405,968 | |||
| Accruals and Deferred Income | 1,741 | ||||
| Deferred Taxes & Provisions | 112,866 | ||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -10,430 | 141,691 | |||
| Other Short Term Loans | |||||
| Long term loans | -166,752 | 432,752 | |||
| 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 |
marygate house development limited Credit Report and Business Information
Marygate House Development Limited Competitor Analysis
Perform a competitor analysis for marygate house development limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WF1 area or any other competitors across 12 key performance metrics.
marygate house development limited Ownership
MARYGATE HOUSE DEVELOPMENT LIMITED group structure
Marygate House Development Limited has no subsidiary companies.
Ultimate parent company
MARYGATE HOUSE DEVELOPMENT LIMITED
12067415
marygate house development limited directors
Marygate House Development Limited currently has 2 directors. The longest serving directors include Mr Daniel Inman (Jun 2019) and Mr Nathan Priestley (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Inman | England | 39 years | Jun 2019 | - | Director |
| Mr Nathan Priestley | United Kingdom | 37 years | Jun 2019 | - | Director |
P&L
June 2024turnover
176.4k
-1%
operating profit
41.5k
0%
gross margin
71.7%
+0.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
488.1k
+0.02%
total assets
1m
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
marygate house development limited company details
company number
12067415
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
June 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
2nd floor offices, marygate hous, 2 marygate, wakefield, WF1 1NX
Bank
-
Legal Advisor
-
marygate house development 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 2 charges/mortgages relating to marygate house development limited. Currently there are 2 open charges and 0 have been satisfied in the past.
marygate house development limited 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 MARYGATE HOUSE DEVELOPMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
marygate house development limited Companies House Filings - See Documents
| date | description | view/download |
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