mkwise homes ltd
mkwise homes ltd Company Information
Company Number
12450123
Website
-Registered Address
suite 5, margaret powell house,, midsummer boulevard, milton keynes, buckinghamshire, MK9 3BN
Industry
Buying and selling of own real estate
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
navita kumari mukesh kumar 50%
mukesh kumar 50%
mkwise homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MKWISE HOMES LTD at £230.8k based on a Turnover of £83.1k and 2.78x industry multiple (adjusted for size and gross margin).
mkwise homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MKWISE HOMES LTD at £0 based on an EBITDA of £-20.5k and a 6.34x industry multiple (adjusted for size and gross margin).
mkwise homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MKWISE HOMES LTD at £73k based on Net Assets of £48.4k and 1.51x industry multiple (adjusted for liquidity).
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Mkwise Homes Ltd Overview
Mkwise Homes Ltd is a live company located in milton keynes, MK9 3BN with a Companies House number of 12450123. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2020, it's largest shareholder is navita kumari mukesh kumar with a 50% stake. Mkwise Homes Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £83.1k with unknown growth in recent years.
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Mkwise Homes Ltd Health Check
Pomanda's financial health check has awarded Mkwise Homes Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £83.1k, make it smaller than the average company (£829.2k)
- Mkwise Homes Ltd
£829.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mkwise Homes Ltd
- - Industry AVG
Production
with a gross margin of 71.2%, this company has a comparable cost of product (71.2%)
- Mkwise Homes Ltd
71.2% - Industry AVG
Profitability
an operating margin of -24.7% make it less profitable than the average company (35.9%)
- Mkwise Homes Ltd
35.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Mkwise Homes Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.4k, the company has an equivalent pay structure (£33.4k)
- Mkwise Homes Ltd
£33.4k - Industry AVG
Efficiency
resulting in sales per employee of £83.1k, this is less efficient (£179.5k)
- Mkwise Homes Ltd
£179.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mkwise Homes Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 416 days, this is slower than average (34 days)
- Mkwise Homes Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mkwise Homes Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (11 weeks)
7 weeks - Mkwise Homes Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.3%, this is a higher level of debt than the average (65.7%)
82.3% - Mkwise Homes Ltd
65.7% - Industry AVG
MKWISE HOMES LTD financials
Mkwise Homes Ltd's latest turnover from February 2023 is estimated at £83.1 thousand and the company has net assets of £48.4 thousand. According to their latest financial statements, we estimate that Mkwise Homes Ltd has 1 employee and maintains cash reserves of £4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | |
|---|---|---|---|
| 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
| Feb 2023 | Feb 2022 | Feb 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 270,000 | 281,000 | 220,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 270,000 | 281,000 | 220,000 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 4,014 | 10,530 | 6,690 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 4,014 | 10,530 | 6,690 |
| total assets | 274,014 | 291,530 | 226,690 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 27,315 | 61,902 | 59,135 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 227 | 124 |
| total current liabilities | 27,315 | 62,129 | 59,259 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 184,600 | 145,000 | 145,000 |
| provisions | 13,660 | 15,750 | 4,160 |
| total long term liabilities | 198,260 | 160,750 | 149,160 |
| total liabilities | 225,575 | 222,879 | 208,419 |
| net assets | 48,439 | 68,651 | 18,271 |
| total shareholders funds | 48,439 | 68,651 | 18,271 |
| Feb 2023 | Feb 2022 | Feb 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 |
| Creditors | -34,587 | 2,767 | 59,135 |
| Accruals and Deferred Income | -227 | 103 | 124 |
| Deferred Taxes & Provisions | -2,090 | 11,590 | 4,160 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | -11,000 | 61,000 | 220,000 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 39,600 | 0 | 145,000 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -6,516 | 3,840 | 6,690 |
| overdraft | 0 | 0 | 0 |
| change in cash | -6,516 | 3,840 | 6,690 |
mkwise homes ltd Credit Report and Business Information
Mkwise Homes Ltd Competitor Analysis
Perform a competitor analysis for mkwise homes ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in MK9 area or any other competitors across 12 key performance metrics.
mkwise homes ltd Ownership
MKWISE HOMES LTD group structure
Mkwise Homes Ltd has no subsidiary companies.
Ultimate parent company
MKWISE HOMES LTD
12450123
mkwise homes ltd directors
Mkwise Homes Ltd currently has 2 directors. The longest serving directors include Mrs Navita Kumar (Feb 2020) and Mr Mukesh Kumar (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Navita Kumar | England | 40 years | Feb 2020 | - | Director |
| Mr Mukesh Kumar | England | 44 years | Feb 2020 | - | Director |
P&L
February 2023turnover
83.1k
-58%
operating profit
-20.5k
0%
gross margin
71.3%
+2.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
48.4k
-0.29%
total assets
274k
-0.06%
cash
4k
-0.62%
net assets
Total assets minus all liabilities
Similar Companies
mkwise homes ltd company details
company number
12450123
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own 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
February 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
DNS ASSOCIATES
auditor
-
address
suite 5, margaret powell house,, midsummer boulevard, milton keynes, buckinghamshire, MK9 3BN
Bank
-
Legal Advisor
-
mkwise 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 2 charges/mortgages relating to mkwise homes ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
mkwise homes ltd Companies House Filings - See Documents
| date | description | view/download |
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