m and b property and lettings ltd
m and b property and lettings ltd Company Information
Company Number
12713947
Next Accounts
Apr 2025
Shareholders
malini bhatt
bina bhatt
View AllGroup Structure
View All
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
93 princes avenue, london, NW9 9JN
Website
-m and b property and lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of M AND B PROPERTY AND LETTINGS LTD at £237.7k based on a Turnover of £100.1k and 2.37x industry multiple (adjusted for size and gross margin).
m and b property and lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of M AND B PROPERTY AND LETTINGS LTD at £48.3k based on an EBITDA of £10.4k and a 4.64x industry multiple (adjusted for size and gross margin).
m and b property and lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of M AND B PROPERTY AND LETTINGS LTD at £21.9k based on Net Assets of £12.6k and 1.75x industry multiple (adjusted for liquidity).
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M And B Property And Lettings Ltd Overview
M And B Property And Lettings Ltd is a live company located in london, NW9 9JN with a Companies House number of 12713947. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2020, it's largest shareholder is malini bhatt with a 26% stake. M And B Property And Lettings Ltd is a young, micro sized company, Pomanda has estimated its turnover at £100.1k with unknown growth in recent years.
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M And B Property And Lettings Ltd Health Check
Pomanda's financial health check has awarded M And B Property And Lettings Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
7 Weak
Size
annual sales of £100.1k, make it smaller than the average company (£830.9k)
- M And B Property And Lettings Ltd
£830.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- M And B Property And Lettings Ltd
- - Industry AVG
Production
with a gross margin of 29.4%, this company has a higher cost of product (72.6%)
- M And B Property And Lettings Ltd
72.6% - Industry AVG
Profitability
an operating margin of 10.4% make it less profitable than the average company (25.8%)
- M And B Property And Lettings Ltd
25.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- M And B Property And Lettings Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- M And B Property And Lettings Ltd
£31k - Industry AVG
Efficiency
resulting in sales per employee of £100.1k, this is less efficient (£175.2k)
- M And B Property And Lettings Ltd
£175.2k - Industry AVG
Debtor Days
it gets paid by customers after 102 days, this is later than average (32 days)
- M And B Property And Lettings Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is close to average (35 days)
- M And B Property And Lettings Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- M And B Property And Lettings Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - M And B Property And Lettings Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.1%, this is a higher level of debt than the average (67.9%)
98.1% - M And B Property And Lettings Ltd
67.9% - Industry AVG
M AND B PROPERTY AND LETTINGS LTD financials
M And B Property And Lettings Ltd's latest turnover from July 2023 is estimated at £100.1 thousand and the company has net assets of £12.6 thousand. According to their latest financial statements, we estimate that M And B Property And Lettings Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 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
| Jul 2023 | Jul 2022 | Jul 2021 | |
|---|---|---|---|
| Tangible Assets | 628,624 | 628,624 | 628,624 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 628,624 | 628,624 | 628,624 |
| Stock & work in progress | |||
| Trade Debtors | 28,180 | 18,010 | 7,298 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 28,180 | 18,010 | 7,298 |
| total assets | 656,804 | 646,634 | 635,922 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 6,978 | 4,608 | 1,172 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 6,978 | 4,608 | 1,172 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | 800 | ||
| other liabilities | 637,275 | 637,275 | 637,275 |
| provisions | |||
| total long term liabilities | 637,275 | 637,275 | 638,075 |
| total liabilities | 644,253 | 641,883 | 639,247 |
| net assets | 12,551 | 4,751 | -3,325 |
| total shareholders funds | 12,551 | 4,751 | -3,325 |
| Jul 2023 | Jul 2022 | Jul 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 10,170 | 10,712 | 7,298 |
| Creditors | 2,370 | 3,436 | 1,172 |
| Accruals and Deferred Income | -800 | 800 | |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | 637,275 | ||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
m and b property and lettings ltd Credit Report and Business Information
M And B Property And Lettings Ltd Competitor Analysis
Perform a competitor analysis for m and b property and lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NW9 area or any other competitors across 12 key performance metrics.
m and b property and lettings ltd Ownership
M AND B PROPERTY AND LETTINGS LTD group structure
M And B Property And Lettings Ltd has no subsidiary companies.
Ultimate parent company
M AND B PROPERTY AND LETTINGS LTD
12713947
m and b property and lettings ltd directors
M And B Property And Lettings Ltd currently has 2 directors. The longest serving directors include Mr Kishan Bhatt (Jul 2020) and Mr Tirath Bhatt (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kishan Bhatt | England | 37 years | Jul 2020 | - | Director |
| Mr Tirath Bhatt | England | 31 years | Jul 2020 | - | Director |
P&L
July 2023turnover
100.1k
+54%
operating profit
10.4k
0%
gross margin
29.4%
+5.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
12.6k
+1.64%
total assets
656.8k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
m and b property and lettings ltd company details
company number
12713947
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 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
93 princes avenue, london, NW9 9JN
Bank
-
Legal Advisor
-
m and b property and lettings 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 1 charges/mortgages relating to m and b property and lettings ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
m and b property and lettings 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.
Click to start generating capital raising & share issue transactions for M AND B PROPERTY AND LETTINGS LTD. This can take several minutes, an email will notify you when this has completed.
m and b property and lettings ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
