mj residential properties limited
mj residential properties limited Company Information
Company Number
12613255
Next Accounts
Feb 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
david lockhart
jack lockhart
View AllGroup Structure
View All
Contact
Registered Address
99 long street, middleton, manchester, M24 6UN
Website
-mj residential properties limited Estimated Valuation
Pomanda estimates the enterprise value of MJ RESIDENTIAL PROPERTIES LIMITED at £444.6k based on a Turnover of £130.8k and 3.4x industry multiple (adjusted for size and gross margin).
mj residential properties limited Estimated Valuation
Pomanda estimates the enterprise value of MJ RESIDENTIAL PROPERTIES LIMITED at £1.1m based on an EBITDA of £157.7k and a 7.01x industry multiple (adjusted for size and gross margin).
mj residential properties limited Estimated Valuation
Pomanda estimates the enterprise value of MJ RESIDENTIAL PROPERTIES LIMITED at £786.1k based on Net Assets of £452.6k and 1.74x industry multiple (adjusted for liquidity).
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Mj Residential Properties Limited Overview
Mj Residential Properties Limited is a live company located in manchester, M24 6UN with a Companies House number of 12613255. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 2020, it's largest shareholder is david lockhart with a 99.8% stake. Mj Residential Properties Limited is a startup, micro sized company, Pomanda has estimated its turnover at £130.8k with unknown growth in recent years.
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Mj Residential Properties Limited Health Check
Pomanda's financial health check has awarded Mj Residential Properties Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £130.8k, make it smaller than the average company (£831k)
- Mj Residential Properties Limited
£831k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mj Residential Properties Limited
- - Industry AVG
Production
with a gross margin of 72.1%, this company has a comparable cost of product (72.1%)
- Mj Residential Properties Limited
72.1% - Industry AVG
Profitability
an operating margin of 117.7% make it more profitable than the average company (28.7%)
- Mj Residential Properties Limited
28.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Mj Residential Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- Mj Residential Properties Limited
£31k - Industry AVG
Efficiency
resulting in sales per employee of £130.8k, this is less efficient (£178k)
- Mj Residential Properties Limited
£178k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is near the average (33 days)
- Mj Residential Properties Limited
33 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mj Residential Properties Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mj Residential Properties Limited
- - Industry AVG
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 Residential Properties Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.1%, this is a higher level of debt than the average (67.7%)
78.1% - Mj Residential Properties Limited
67.7% - Industry AVG
MJ RESIDENTIAL PROPERTIES LIMITED financials
Mj Residential Properties Limited's latest turnover from May 2023 is estimated at £130.8 thousand and the company has net assets of £452.6 thousand. According to their latest financial statements, Mj Residential Properties Limited has 1 employee and maintains cash reserves of £24.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 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 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| Tangible Assets | 6,302 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 2,023,756 | 1,509,051 | 1,505,499 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 2,030,058 | 1,509,051 | 1,505,499 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 9,530 | 0 | 8,062 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 24,713 | 31,914 | 16,666 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 34,243 | 31,914 | 24,728 |
| total assets | 2,064,301 | 1,540,965 | 1,530,227 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 0 | 1,800 | 2,041 |
| Group/Directors Accounts | 838,000 | 336,650 | 366,900 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 14,342 | 12,909 | 47 |
| total current liabilities | 852,342 | 351,359 | 368,988 |
| loans | 759,386 | 787,260 | 820,201 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 5,250 | 2,625 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 759,386 | 792,510 | 822,826 |
| total liabilities | 1,611,728 | 1,143,869 | 1,191,814 |
| net assets | 452,573 | 397,096 | 338,413 |
| total shareholders funds | 452,573 | 397,096 | 338,413 |
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 3,851 | 2,625 | 2,625 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 9,530 | -8,062 | 8,062 |
| Creditors | -1,800 | -241 | 2,041 |
| Accruals and Deferred Income | 1,433 | 12,862 | 47 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 514,705 | 3,552 | 1,505,499 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 501,350 | -30,250 | 366,900 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | -27,874 | -32,941 | 820,201 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | -5,250 | 2,625 | 2,625 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -7,201 | 15,248 | 16,666 |
| overdraft | 0 | 0 | 0 |
| change in cash | -7,201 | 15,248 | 16,666 |
mj residential properties limited Credit Report and Business Information
Mj Residential Properties Limited Competitor Analysis
Perform a competitor analysis for mj residential properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M24 area or any other competitors across 12 key performance metrics.
mj residential properties limited Ownership
MJ RESIDENTIAL PROPERTIES LIMITED group structure
Mj Residential Properties Limited has no subsidiary companies.
Ultimate parent company
MJ RESIDENTIAL PROPERTIES LIMITED
12613255
mj residential properties limited directors
Mj Residential Properties Limited currently has 1 director, Mr David Lockhart serving since May 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Lockhart | England | 62 years | May 2020 | - | Director |
P&L
May 2023turnover
130.8k
+2616%
operating profit
153.9k
0%
gross margin
72.2%
+0.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
452.6k
+0.14%
total assets
2.1m
+0.34%
cash
24.7k
-0.23%
net assets
Total assets minus all liabilities
Similar Companies
mj residential properties limited company details
company number
12613255
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
May 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
99 long street, middleton, manchester, M24 6UN
Bank
-
Legal Advisor
-
mj residential 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 8 charges/mortgages relating to mj residential properties limited. Currently there are 8 open charges and 0 have been satisfied in the past.
mj residential properties 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.
Click to start generating capital raising & share issue transactions for MJ RESIDENTIAL PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.
mj residential properties limited Companies House Filings - See Documents
| date | description | view/download |
|---|
