midlands housing ltd
midlands housing ltd Company Information
Company Number
12558130
Next Accounts
Jan 2025
Industry
Other accommodation
Directors
Shareholders
majid saleem
Group Structure
View All
Contact
Registered Address
130 sydenham road, birmingham, B11 1DQ
Website
midlandhousing.co.ukmidlands housing ltd Estimated Valuation
Pomanda estimates the enterprise value of MIDLANDS HOUSING LTD at £1.2m based on a Turnover of £1.4m and 0.84x industry multiple (adjusted for size and gross margin).
midlands housing ltd Estimated Valuation
Pomanda estimates the enterprise value of MIDLANDS HOUSING LTD at £609.6k based on an EBITDA of £142k and a 4.29x industry multiple (adjusted for size and gross margin).
midlands housing ltd Estimated Valuation
Pomanda estimates the enterprise value of MIDLANDS HOUSING LTD at £329.7k based on Net Assets of £171.2k and 1.93x industry multiple (adjusted for liquidity).
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Midlands Housing Ltd Overview
Midlands Housing Ltd is a live company located in birmingham, B11 1DQ with a Companies House number of 12558130. It operates in the other accommodation sector, SIC Code 55900. Founded in April 2020, it's largest shareholder is majid saleem with a 100% stake. Midlands Housing Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.4m with unknown growth in recent years.
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Midlands Housing Ltd Health Check
Pomanda's financial health check has awarded Midlands Housing Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £1.4m, make it larger than the average company (£865.6k)
- Midlands Housing Ltd
£865.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Midlands Housing Ltd
- - Industry AVG
Production
with a gross margin of 27.8%, this company has a higher cost of product (57.6%)
- Midlands Housing Ltd
57.6% - Industry AVG
Profitability
an operating margin of 10.1% make it more profitable than the average company (5.2%)
- Midlands Housing Ltd
5.2% - Industry AVG
Employees
with 7 employees, this is below the industry average (19)
7 - Midlands Housing Ltd
19 - Industry AVG
Pay Structure
on an average salary of £24k, the company has an equivalent pay structure (£24k)
- Midlands Housing Ltd
£24k - Industry AVG
Efficiency
resulting in sales per employee of £201.3k, this is more efficient (£54.6k)
- Midlands Housing Ltd
£54.6k - Industry AVG
Debtor Days
it gets paid by customers after 101 days, this is later than average (18 days)
- Midlands Housing Ltd
18 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (17 days)
- Midlands Housing Ltd
17 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Midlands Housing Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Midlands Housing Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.9%, this is a higher level of debt than the average (31.9%)
71.9% - Midlands Housing Ltd
31.9% - Industry AVG
MIDLANDS HOUSING LTD financials
Midlands Housing Ltd's latest turnover from April 2023 is estimated at £1.4 million and the company has net assets of £171.2 thousand. According to their latest financial statements, Midlands Housing Ltd has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 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 | 7 | 7 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|
| Tangible Assets | 215,104 | 165,245 | 48,146 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 215,104 | 165,245 | 48,146 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 393,233 | 16,165 | 32,481 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 393,233 | 16,165 | 32,481 |
| total assets | 608,337 | 181,410 | 80,627 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 13,883 | 18,752 | 19,334 |
| 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 | 13,883 | 18,752 | 19,334 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 423,247 | 97,917 | 21,038 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 423,247 | 97,917 | 21,038 |
| total liabilities | 437,130 | 116,669 | 40,372 |
| net assets | 171,207 | 64,741 | 40,255 |
| total shareholders funds | 171,207 | 64,741 | 40,255 |
| Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 377,068 | -16,316 | 32,481 |
| Creditors | -4,869 | -582 | 19,334 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| 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 | 325,330 | 76,879 | 21,038 |
| 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 |
midlands housing ltd Credit Report and Business Information
Midlands Housing Ltd Competitor Analysis
Perform a competitor analysis for midlands housing ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in B11 area or any other competitors across 12 key performance metrics.
midlands housing ltd Ownership
MIDLANDS HOUSING LTD group structure
Midlands Housing Ltd has no subsidiary companies.
Ultimate parent company
MIDLANDS HOUSING LTD
12558130
midlands housing ltd directors
Midlands Housing Ltd currently has 1 director, Mr Majid Saleem serving since Apr 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Majid Saleem | England | 39 years | Apr 2020 | - | Director |
P&L
April 2023turnover
1.4m
+642%
operating profit
142k
0%
gross margin
27.9%
+95.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
171.2k
+1.64%
total assets
608.3k
+2.35%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
midlands housing ltd company details
company number
12558130
Type
Private limited with Share Capital
industry
55900 - Other accommodation
incorporation date
April 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
130 sydenham road, birmingham, B11 1DQ
Bank
-
Legal Advisor
-
midlands housing 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 did not find charges/mortgages relating to midlands housing ltd.
midlands housing 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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midlands housing ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
