Pomanda estimates the enterprise value of LEGACIE DEVELOPMENTS MERCANTILE LTD at £2.8m based on a Turnover of £5.2m and 0.54x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of LEGACIE DEVELOPMENTS MERCANTILE LTD at £0 based on an EBITDA of £-115.8k and a 4.25x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of LEGACIE DEVELOPMENTS MERCANTILE LTD at £0 based on Net Assets of £-112.9k and 1.41x industry multiple (adjusted for liquidity).
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Legacie Developments Mercantile LtdOverview
Legacie Developments Mercantile Ltd is a live company located in tunbridge wells, kent, TN2 5TN with a Companies House number of 12908512. It operates in the development of building projects sector, SIC Code 41100. Founded in September 2020, it's largest shareholder is
nexus residential limited
with a 50% stake. Legacie Developments Mercantile Ltd is a young,
mid sized company, Pomanda has estimated its turnover at
£5.2m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Legacie Developments Mercantile Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
3 Regular
4 Weak
Size
annual sales of £5.2m, make it larger than the average company (£2.3m)
£5.2m - Legacie Developments Mercantile Ltd
£2.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Legacie Developments Mercantile Ltd
- - Industry AVG
Production
with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)
26.3% - Legacie Developments Mercantile Ltd
26.3% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (7.5%)
-2.2% - Legacie Developments Mercantile Ltd
7.5% - Industry AVG
Employees
with 19 employees, this is above the industry average (6)
19 - Legacie Developments Mercantile Ltd
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
£48.3k - Legacie Developments Mercantile Ltd
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £271.2k, this is equally as efficient (£277.7k)
£271.2k - Legacie Developments Mercantile Ltd
£277.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Legacie Developments Mercantile Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Legacie Developments Mercantile Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 363 days, this is more than average (197 days)
363 days - Legacie Developments Mercantile Ltd
197 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (11 weeks)
1 weeks - Legacie Developments Mercantile Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103%, this is a higher level of debt than the average (73.8%)
103% - Legacie Developments Mercantile Ltd
73.8% - Industry AVG
LEGACIE DEVELOPMENTS MERCANTILE LTD financials
EXPORT
Legacie Developments Mercantile Ltd's latest turnover from March 2024 is estimated at £5.2 million and the company has net assets of -£112.9 thousand. According to their latest financial statements, we estimate that Legacie Developments Mercantile Ltd has 19 employees and maintains cash reserves of £28.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Turnover
5,151,988
Other Income Or Grants
Cost Of Sales
3,798,643
Gross Profit
1,353,344
Admin Expenses
1,469,099
-1,149
-496
32
Operating Profit
-115,755
1,149
496
-32
Interest Payable
Interest Receivable
1,198
471
20
Pre-Tax Profit
-114,557
1,620
516
-32
Tax
-308
-98
Profit After Tax
-114,557
1,312
418
-32
Dividends Paid
Retained Profit
-114,557
1,312
418
-32
Employee Costs
916,978
Number Of Employees
19
EBITDA*
-115,755
1,149
496
-32
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
3,788,038
Trade Debtors
Group Debtors
Misc Debtors
123
169
162
Cash
28,847
16,797
5,346
1
misc current assets
total current assets
3,816,885
16,920
5,515
163
total assets
3,816,885
16,920
5,515
163
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
1,306,270
10,500
294
194
other short term finances
hp & lease commitments
other current liabilities
103,472
4,721
4,834
total current liabilities
1,409,742
15,221
5,128
194
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,520,000
provisions
total long term liabilities
2,520,000
total liabilities
3,929,742
15,221
5,128
194
net assets
-112,857
1,699
387
-31
total shareholders funds
-112,857
1,699
387
-31
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Operating Activities
Operating Profit
-115,755
1,149
496
-32
Depreciation
Amortisation
Tax
-308
-98
Stock
3,788,038
Debtors
-123
-46
7
162
Creditors
Accruals and Deferred Income
98,751
-113
4,834
Deferred Taxes & Provisions
Cash flow from operations
-3,804,919
774
5,225
-194
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
1,295,770
10,206
100
194
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
2,520,000
share issue
1
1
interest
1,198
471
20
cash flow from financing
3,816,969
10,677
120
195
cash and cash equivalents
cash
12,050
11,451
5,345
1
overdraft
change in cash
12,050
11,451
5,345
1
legacie developments mercantile ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for legacie developments mercantile ltd. Get real-time insights into legacie developments mercantile ltd's credit score, group structure and payment trends.
Perform a competitor analysis for legacie developments mercantile ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in TN2 area or any other competitors across 12 key performance metrics.
legacie developments mercantile ltd Ownership
LEGACIE DEVELOPMENTS MERCANTILE LTD group structure
Legacie Developments Mercantile Ltd has no subsidiary companies.
Ultimate parent company
LEGACIE DEVELOPMENTS MERCANTILE LTD
12908512
LEGACIE DEVELOPMENTS MERCANTILE LTD Shareholders
The largest shareholders in Legacie Developments Mercantile Ltd include Nexus Residential Limited and Aughton Estates Limited.
nexus residential limited
50%
aughton estates limited
50%
legacie developments mercantile ltd directors
Legacie Developments Mercantile Ltd currently has 4 directors.
The longest serving directors include
Mr Alexander Hamm (Sep 2020) and
Mr Michael Gledhill (Sep 2020).
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 2 charges/mortgages relating to legacie developments mercantile ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
legacie developments mercantile 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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legacie developments mercantile ltdCompanies House Filings - See Documents
