mj rental investments limited

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mj rental investments limited Company Information

Share MJ RENTAL INVESTMENTS LIMITED

Company Number

12096315

Shareholders

shayne gallagher

rory gallagher

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

230 moston lane, manchester, M40 9NS

Website

-

mj rental investments limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of MJ RENTAL INVESTMENTS LIMITED at £1.2m based on a Turnover of £352.7k and 3.47x industry multiple (adjusted for size and gross margin).

mj rental investments limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of MJ RENTAL INVESTMENTS LIMITED at £1.2m based on an EBITDA of £179.9k and a 6.86x industry multiple (adjusted for size and gross margin).

mj rental investments limited Estimated Valuation

£64.7k

Pomanda estimates the enterprise value of MJ RENTAL INVESTMENTS LIMITED at £64.7k based on Net Assets of £37.9k and 1.71x industry multiple (adjusted for liquidity).

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Mj Rental Investments Limited Overview

Mj Rental Investments Limited is a live company located in manchester, M40 9NS with a Companies House number of 12096315. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2019, it's largest shareholder is shayne gallagher with a 50% stake. Mj Rental Investments Limited is a young, micro sized company, Pomanda has estimated its turnover at £352.7k with healthy growth in recent years.

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Mj Rental Investments Limited Health Check

Pomanda's financial health check has awarded Mj Rental Investments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £352.7k, make it smaller than the average company (£828.4k)

£352.7k - Mj Rental Investments Limited

£828.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (2.4%)

7% - Mj Rental Investments Limited

2.4% - Industry AVG

production

Production

with a gross margin of 72.5%, this company has a comparable cost of product (72.5%)

72.5% - Mj Rental Investments Limited

72.5% - Industry AVG

profitability

Profitability

an operating margin of 50.8% make it more profitable than the average company (25.2%)

50.8% - Mj Rental Investments Limited

25.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Mj Rental Investments Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)

£31.2k - Mj Rental Investments Limited

£31.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £176.4k, this is equally as efficient (£176.4k)

£176.4k - Mj Rental Investments Limited

£176.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Mj Rental Investments Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Mj Rental Investments Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mj Rental Investments Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (13 weeks)

1 weeks - Mj Rental Investments Limited

13 weeks - 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 (67.9%)

98.2% - Mj Rental Investments Limited

67.9% - Industry AVG

MJ RENTAL INVESTMENTS LIMITED financials

EXPORTms excel logo

Mj Rental Investments Limited's latest turnover from July 2023 is estimated at £352.7 thousand and the company has net assets of £37.9 thousand. According to their latest financial statements, Mj Rental Investments Limited has 2 employees and maintains cash reserves of £22.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020
Turnover352,718314,844268,525287,081
Other Income Or Grants0000
Cost Of Sales96,85588,44880,38881,003
Gross Profit255,863226,396188,137206,078
Admin Expenses76,646156,140176,511203,683
Operating Profit179,21770,25611,6262,395
Interest Payable125,28960,40723,8441,525
Interest Receivable94616161
Pre-Tax Profit54,87310,010-12,212872
Tax-13,718-1,9020-166
Profit After Tax41,1558,108-12,212706
Dividends Paid0000
Retained Profit41,1558,108-12,212706
Employee Costs62,39060,30355,31455,107
Number Of Employees2222
EBITDA*179,88270,51811,6262,395

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020
Tangible Assets1,960,7881,370,4081,061,260374,334
Intangible Assets0000
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets1,960,7881,370,4081,061,260374,334
Stock & work in progress0000
Trade Debtors0000
Group Debtors0000
Misc Debtors60,01660,01660,016100
Cash22,29915,53410,1632,795
misc current assets0000
total current assets82,31575,55070,1792,895
total assets2,043,1031,445,9581,131,439377,229
Bank overdraft0000
Bank loan0000
Trade Creditors 0000
Group/Directors Accounts0000
other short term finances1,2611,12600
hp & lease commitments0000
other current liabilities661,479514,373411,073326,423
total current liabilities662,740515,499411,073326,423
loans1,342,090933,508731,77250,000
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities0000
provisions41624900
total long term liabilities1,342,506933,757731,77250,000
total liabilities2,005,2461,449,2561,142,845376,423
net assets37,857-3,298-11,406806
total shareholders funds37,857-3,298-11,406806
Jul 2023Jul 2022Jul 2021Jul 2020
Operating Activities
Operating Profit179,21770,25611,6262,395
Depreciation66526200
Amortisation0000
Tax-13,718-1,9020-166
Stock0000
Debtors0059,916100
Creditors0000
Accruals and Deferred Income147,106103,30084,650326,423
Deferred Taxes & Provisions16724900
Cash flow from operations313,437172,16536,360328,552
Investing Activities
capital expenditure-591,045-309,410-686,926-374,334
Change in Investments0000
cash flow from investments-591,045-309,410-686,926-374,334
Financing Activities
Bank loans0000
Group/Directors Accounts0000
Other Short Term Loans 1351,12600
Long term loans408,582201,736681,77250,000
Hire Purchase and Lease Commitments0000
other long term liabilities0000
share issue000100
interest-124,343-60,246-23,838-1,524
cash flow from financing284,374142,616657,93448,576
cash and cash equivalents
cash6,7655,3717,3682,795
overdraft0000
change in cash6,7655,3717,3682,795

mj rental investments limited 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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Mj Rental Investments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mj rental investments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M40 area or any other competitors across 12 key performance metrics.

mj rental investments limited Ownership

MJ RENTAL INVESTMENTS LIMITED group structure

Mj Rental Investments Limited has no subsidiary companies.

Ultimate parent company

MJ RENTAL INVESTMENTS LIMITED

12096315

MJ RENTAL INVESTMENTS LIMITED Shareholders

shayne gallagher 50%
rory gallagher 50%

mj rental investments limited directors

Mj Rental Investments Limited currently has 2 directors. The longest serving directors include Mr Rory Gallagher (Jul 2019) and Mr Shayne Gallagher (Jul 2019).

officercountryagestartendrole
Mr Rory GallagherEngland39 years Jul 2019- Director
Mr Shayne GallagherEngland34 years Jul 2019- Director

P&L

July 2023

turnover

352.7k

+12%

operating profit

179.2k

0%

gross margin

72.6%

+0.88%

turnover

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

Balance Sheet

July 2023

net assets

37.9k

-12.48%

total assets

2m

+0.41%

cash

22.3k

+0.44%

net assets

Total assets minus all liabilities

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mj rental investments limited company details

company number

12096315

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

July 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2023

previous names

N/A

accountant

BRIGHT PARTNERSHIP LLP

auditor

-

address

230 moston lane, manchester, M40 9NS

Bank

-

Legal Advisor

-

mj rental 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 22 charges/mortgages relating to mj rental investments limited. Currently there are 16 open charges and 6 have been satisfied in the past.

mj rental investments 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.

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mj rental investments limited Companies House Filings - See Documents

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