mbl lettings ltd
mbl lettings ltd Company Information
Company Number
12773375
Next Accounts
Apr 2025
Shareholders
marc hughes
emily hughes
Group 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
56 ffriddoedd road, bangor, LL57 2TT
Website
-mbl lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of MBL LETTINGS LTD at £233.7k based on a Turnover of £98.8k and 2.37x industry multiple (adjusted for size and gross margin).
mbl lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of MBL LETTINGS LTD at £101.2k based on an EBITDA of £21.9k and a 4.62x industry multiple (adjusted for size and gross margin).
mbl lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of MBL LETTINGS LTD at £66.8k based on Net Assets of £38.3k and 1.75x industry multiple (adjusted for liquidity).
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Mbl Lettings Ltd Overview
Mbl Lettings Ltd is a live company located in bangor, LL57 2TT with a Companies House number of 12773375. 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 marc hughes with a 50% stake. Mbl Lettings Ltd is a young, micro sized company, Pomanda has estimated its turnover at £98.8k with unknown growth in recent years.
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Mbl Lettings Ltd Health Check
Pomanda's financial health check has awarded Mbl Lettings Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £98.8k, make it smaller than the average company (£829.5k)
- Mbl Lettings Ltd
£829.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mbl Lettings Ltd
- - Industry AVG
Production
with a gross margin of 29.1%, this company has a higher cost of product (72.8%)
- Mbl Lettings Ltd
72.8% - Industry AVG
Profitability
an operating margin of 22.2% make it as profitable than the average company (25.8%)
- Mbl Lettings Ltd
25.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Mbl Lettings Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)
- Mbl Lettings Ltd
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £98.8k, this is less efficient (£175k)
- Mbl Lettings Ltd
£175k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (32 days)
- Mbl Lettings Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 1487 days, this is slower than average (35 days)
- Mbl Lettings Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mbl Lettings Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mbl Lettings Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.2%, this is a higher level of debt than the average (67.9%)
88.2% - Mbl Lettings Ltd
67.9% - Industry AVG
MBL LETTINGS LTD financials
Mbl Lettings Ltd's latest turnover from July 2023 is estimated at £98.8 thousand and the company has net assets of £38.3 thousand. According to their latest financial statements, we estimate that Mbl 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 | 319,831 | 320,539 | 2,511 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 319,831 | 320,539 | 2,511 |
| Stock & work in progress | |||
| Trade Debtors | 3,993 | 1,931 | 14,185 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 3,993 | 1,931 | 14,185 |
| total assets | 323,824 | 322,470 | 16,696 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 285,563 | 300,629 | 4,491 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 285,563 | 300,629 | 4,491 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 285,563 | 300,629 | 4,491 |
| net assets | 38,261 | 21,841 | 12,205 |
| total shareholders funds | 38,261 | 21,841 | 12,205 |
| Jul 2023 | Jul 2022 | Jul 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 2,062 | -12,254 | 14,185 |
| Creditors | -15,066 | 296,138 | 4,491 |
| Accruals and Deferred Income | |||
| 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 | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
mbl lettings ltd Credit Report and Business Information
Mbl Lettings Ltd Competitor Analysis
Perform a competitor analysis for mbl lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in LL57 area or any other competitors across 12 key performance metrics.
mbl lettings ltd Ownership
MBL LETTINGS LTD group structure
Mbl Lettings Ltd has no subsidiary companies.
Ultimate parent company
MBL LETTINGS LTD
12773375
mbl lettings ltd directors
Mbl Lettings Ltd currently has 2 directors. The longest serving directors include Mrs Emily Hughes (Jul 2020) and Mr Marc Hughes (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Emily Hughes | Wales | 54 years | Jul 2020 | - | Director |
| Mr Marc Hughes | Wales | 53 years | Jul 2020 | - | Director |
P&L
July 2023turnover
98.8k
-3%
operating profit
21.9k
0%
gross margin
29.1%
+4.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
38.3k
+0.75%
total assets
323.8k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
mbl lettings ltd company details
company number
12773375
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
56 ffriddoedd road, bangor, LL57 2TT
Bank
-
Legal Advisor
-
mbl 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 did not find charges/mortgages relating to mbl lettings ltd.
mbl 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 MBL LETTINGS LTD. This can take several minutes, an email will notify you when this has completed.
mbl lettings ltd Companies House Filings - See Documents
| date | description | view/download |
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