mellin property ltd

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mellin property ltd Company Information

Share MELLIN PROPERTY LTD

Company Number

12073584

Shareholders

senathirajah thananchayan

shantheny thananchayan

Group Structure

View All

Industry

Buying and selling of own real estate

 

Registered Address

5 luffman road, london, SE12 9SZ

Website

-

mellin property ltd Estimated Valuation

£413.1k

Pomanda estimates the enterprise value of MELLIN PROPERTY LTD at £413.1k based on a Turnover of £196.8k and 2.1x industry multiple (adjusted for size and gross margin).

mellin property ltd Estimated Valuation

£91k

Pomanda estimates the enterprise value of MELLIN PROPERTY LTD at £91k based on an EBITDA of £20.2k and a 4.5x industry multiple (adjusted for size and gross margin).

mellin property ltd Estimated Valuation

£46.4k

Pomanda estimates the enterprise value of MELLIN PROPERTY LTD at £46.4k based on Net Assets of £29.5k and 1.58x industry multiple (adjusted for liquidity).

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Mellin Property Ltd Overview

Mellin Property Ltd is a live company located in london, SE12 9SZ with a Companies House number of 12073584. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 2019, it's largest shareholder is senathirajah thananchayan with a 50% stake. Mellin Property Ltd is a young, micro sized company, Pomanda has estimated its turnover at £196.8k with rapid growth in recent years.

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Mellin Property Ltd Health Check

Pomanda's financial health check has awarded Mellin Property Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £196.8k, make it smaller than the average company (£817k)

£196.8k - Mellin Property Ltd

£817k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 107%, show it is growing at a faster rate (2.4%)

107% - Mellin Property Ltd

2.4% - Industry AVG

production

Production

with a gross margin of 27.6%, this company has a higher cost of product (71.1%)

27.6% - Mellin Property Ltd

71.1% - Industry AVG

profitability

Profitability

an operating margin of 10.3% make it less profitable than the average company (29%)

10.3% - Mellin Property Ltd

29% - Industry AVG

employees

Employees

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

1 - Mellin Property Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.6k, the company has an equivalent pay structure (£35.6k)

£35.6k - Mellin Property Ltd

£35.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £196.8k, this is equally as efficient (£177.8k)

£196.8k - Mellin Property Ltd

£177.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 25 days, this is near the average (25 days)

25 days - Mellin Property Ltd

25 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1304 days, this is slower than average (32 days)

1304 days - Mellin Property Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mellin Property Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Mellin Property Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.2%, this is a higher level of debt than the average (63.2%)

98.2% - Mellin Property Ltd

63.2% - Industry AVG

MELLIN PROPERTY LTD financials

EXPORTms excel logo

Mellin Property Ltd's latest turnover from June 2023 is estimated at £196.8 thousand and the company has net assets of £29.5 thousand. According to their latest financial statements, Mellin Property Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020
Turnover196,839210,101149,41122,277
Other Income Or Grants
Cost Of Sales142,523151,188111,83117,479
Gross Profit54,31658,91437,5804,798
Admin Expenses34,08443,03535,5015,035
Operating Profit20,23215,8792,079-237
Interest Payable
Interest Receivable
Pre-Tax Profit20,23215,8792,079-237
Tax-5,058-3,017-395
Profit After Tax15,17412,8621,684-237
Dividends Paid
Retained Profit15,17412,8621,684-237
Employee Costs35,60137,62535,49138,392
Number Of Employees1111
EBITDA*20,23215,8792,079-237

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020
Tangible Assets1,664,1421,634,2321,634,232
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,664,1421,634,2321,634,232
Stock & work in progress
Trade Debtors13,63924,7578,1281,503
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets13,63924,7578,1281,503
total assets1,677,7811,658,9891,642,3601,503
Bank overdraft
Bank loan
Trade Creditors 509,548506,680503,6631,500
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities509,548506,680503,6631,500
loans
hp & lease commitments
Accruals and Deferred Income2,4901,740990240
other liabilities1,136,2601,136,2601,136,260
provisions
total long term liabilities1,138,7501,138,0001,137,250240
total liabilities1,648,2981,644,6801,640,9131,740
net assets29,48314,3091,447-237
total shareholders funds29,48314,3091,447-237
Jun 2023Jun 2022Jun 2021Jun 2020
Operating Activities
Operating Profit20,23215,8792,079-237
Depreciation
Amortisation
Tax-5,058-3,017-395
Stock
Debtors-11,11816,6296,6251,503
Creditors2,8683,017502,1631,500
Accruals and Deferred Income750750750240
Deferred Taxes & Provisions
Cash flow from operations29,910497,972
Investing Activities
capital expenditure-29,910-1,634,232
Change in Investments
cash flow from investments-29,910-1,634,232
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities1,136,260
share issue
interest
cash flow from financing1,136,260
cash and cash equivalents
cash
overdraft
change in cash

mellin property 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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Mellin Property Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mellin property ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SE12 area or any other competitors across 12 key performance metrics.

mellin property ltd Ownership

MELLIN PROPERTY LTD group structure

Mellin Property Ltd has no subsidiary companies.

Ultimate parent company

MELLIN PROPERTY LTD

12073584

MELLIN PROPERTY LTD Shareholders

senathirajah thananchayan 50%
shantheny thananchayan 50%

mellin property ltd directors

Mellin Property Ltd currently has 2 directors. The longest serving directors include Mrs Shantheny Thananchayan (Jun 2019) and Mr Senathirajah Thananchayan (Oct 2020).

officercountryagestartendrole
Mrs Shantheny ThananchayanEngland43 years Jun 2019- Director
Mr Senathirajah Thananchayan49 years Oct 2020- Director

P&L

June 2023

turnover

196.8k

-6%

operating profit

20.2k

0%

gross margin

27.6%

-1.59%

turnover

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

Balance Sheet

June 2023

net assets

29.5k

+1.06%

total assets

1.7m

+0.01%

cash

0

0%

net assets

Total assets minus all liabilities

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mellin property ltd company details

company number

12073584

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

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2023

previous names

N/A

accountant

-

auditor

-

address

5 luffman road, london, SE12 9SZ

Bank

-

Legal Advisor

-

mellin property 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 5 charges/mortgages relating to mellin property ltd. Currently there are 3 open charges and 2 have been satisfied in the past.

mellin property 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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mellin property ltd Companies House Filings - See Documents

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