merner properties limited
merner properties limited Company Information
Company Number
12469315
Website
-Registered Address
12 west street, ware, hertfordshire, SG12 9EE
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
edward merner 100%
merner properties limited Estimated Valuation
Pomanda estimates the enterprise value of MERNER PROPERTIES LIMITED at £616.6k based on a Turnover of £429.2k and 1.44x industry multiple (adjusted for size and gross margin).
merner properties limited Estimated Valuation
Pomanda estimates the enterprise value of MERNER PROPERTIES LIMITED at £254.6k based on an EBITDA of £66.4k and a 3.84x industry multiple (adjusted for size and gross margin).
merner properties limited Estimated Valuation
Pomanda estimates the enterprise value of MERNER PROPERTIES LIMITED at £0 based on Net Assets of £-84.4k and 1.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Merner Properties Limited Overview
Merner Properties Limited is a live company located in hertfordshire, SG12 9EE with a Companies House number of 12469315. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2020, it's largest shareholder is edward merner with a 100% stake. Merner Properties Limited is a startup, micro sized company, Pomanda has estimated its turnover at £429.2k with unknown growth in recent years.
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Merner Properties Limited Health Check
Pomanda's financial health check has awarded Merner Properties Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £429.2k, make it smaller than the average company (£881.6k)
- Merner Properties Limited
£881.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Merner Properties Limited
- - Industry AVG
Production
with a gross margin of 27.6%, this company has a higher cost of product (69.3%)
- Merner Properties Limited
69.3% - Industry AVG
Profitability
an operating margin of 15.5% make it less profitable than the average company (37.4%)
- Merner Properties Limited
37.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Merner Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.7k, the company has an equivalent pay structure (£36.7k)
- Merner Properties Limited
£36.7k - Industry AVG
Efficiency
resulting in sales per employee of £143.1k, this is less efficient (£181.9k)
- Merner Properties Limited
£181.9k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (25 days)
- Merner Properties Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 453 days, this is slower than average (32 days)
- Merner Properties Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Merner Properties Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Merner Properties Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106.9%, this is a higher level of debt than the average (63.7%)
106.9% - Merner Properties Limited
63.7% - Industry AVG
MERNER PROPERTIES LIMITED financials
Merner Properties Limited's latest turnover from February 2023 is estimated at £429.2 thousand and the company has net assets of -£84.4 thousand. According to their latest financial statements, Merner Properties Limited has 3 employees and maintains cash reserves of 0 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 | 3 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | |
|---|---|---|---|
| Tangible Assets | 1,112,347 | 1,112,347 | 1,076,456 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 1,112,347 | 1,112,347 | 1,076,456 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 108,786 | 95,216 | 159,628 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 108,786 | 95,216 | 159,628 |
| total assets | 1,221,133 | 1,207,563 | 1,236,084 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 386,099 | 380,345 | 296,184 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 386,099 | 380,345 | 296,184 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,594 | 2,679 | 709 |
| other liabilities | 917,871 | 962,743 | 1,080,185 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 919,465 | 965,422 | 1,080,894 |
| total liabilities | 1,305,564 | 1,345,767 | 1,377,078 |
| net assets | -84,431 | -138,204 | -140,994 |
| total shareholders funds | -84,431 | -138,204 | -140,994 |
| Feb 2023 | Feb 2022 | Feb 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | |
| Amortisation | 0 | 0 | |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 13,570 | -64,412 | 159,628 |
| Creditors | 5,754 | 84,161 | 296,184 |
| Accruals and Deferred Income | -1,085 | 1,970 | 709 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| 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 | -44,872 | -117,442 | 1,080,185 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
merner properties limited Credit Report and Business Information
Merner Properties Limited Competitor Analysis
Perform a competitor analysis for merner properties limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
merner properties limited Ownership
MERNER PROPERTIES LIMITED group structure
Merner Properties Limited has no subsidiary companies.
Ultimate parent company
MERNER PROPERTIES LIMITED
12469315
merner properties limited directors
Merner Properties Limited currently has 2 directors. The longest serving directors include Mr Edward Merner (Feb 2020) and Mr George Merner (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Merner | United Kingdom | 31 years | Feb 2020 | - | Director |
| Mr George Merner | 28 years | Jul 2020 | - | Director |
P&L
February 2023turnover
429.2k
+32%
operating profit
66.4k
0%
gross margin
27.7%
+7.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-84.4k
-0.39%
total assets
1.2m
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
merner properties limited company details
company number
12469315
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
February 2020
age
4
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
12 west street, ware, hertfordshire, SG12 9EE
last accounts submitted
February 2023
merner properties 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 5 charges/mortgages relating to merner properties limited. Currently there are 3 open charges and 2 have been satisfied in the past.
merner properties limited Companies House Filings - See Documents
| date | description | view/download |
|---|
