mishon mackay lettings limited
mishon mackay lettings limited Company Information
Company Number
12970083
Website
-Registered Address
70 st. mary axe, london, EC3A 8BE
Industry
Real estate agencies
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
mishon mackay sussex limited 70%
angela farthing 10%
View Allmishon mackay lettings limited Estimated Valuation
Pomanda estimates the enterprise value of MISHON MACKAY LETTINGS LIMITED at £1.2m based on a Turnover of £756.5k and 1.53x industry multiple (adjusted for size and gross margin).
mishon mackay lettings limited Estimated Valuation
Pomanda estimates the enterprise value of MISHON MACKAY LETTINGS LIMITED at £159.8k based on an EBITDA of £28.7k and a 5.57x industry multiple (adjusted for size and gross margin).
mishon mackay lettings limited Estimated Valuation
Pomanda estimates the enterprise value of MISHON MACKAY LETTINGS LIMITED at £86.9k based on Net Assets of £166.5k and 0.52x industry multiple (adjusted for liquidity).
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Mishon Mackay Lettings Limited Overview
Mishon Mackay Lettings Limited is a live company located in london, EC3A 8BE with a Companies House number of 12970083. It operates in the real estate agencies sector, SIC Code 68310. Founded in October 2020, it's largest shareholder is mishon mackay sussex limited with a 70% stake. Mishon Mackay Lettings Limited is a startup, small sized company, Pomanda has estimated its turnover at £756.5k with unknown growth in recent years.
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Mishon Mackay Lettings Limited Health Check
Pomanda's financial health check has awarded Mishon Mackay Lettings Limited 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 £756.5k, make it smaller than the average company (£1.2m)
- Mishon Mackay Lettings Limited
£1.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mishon Mackay Lettings Limited
- - Industry AVG
Production
with a gross margin of 43.3%, this company has a higher cost of product (82.4%)
- Mishon Mackay Lettings Limited
82.4% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (9%)
- Mishon Mackay Lettings Limited
9% - Industry AVG
Employees
with 12 employees, this is similar to the industry average (15)
12 - Mishon Mackay Lettings Limited
15 - Industry AVG
Pay Structure
on an average salary of £38.1k, the company has an equivalent pay structure (£38.1k)
- Mishon Mackay Lettings Limited
£38.1k - Industry AVG
Efficiency
resulting in sales per employee of £63k, this is less efficient (£80.9k)
- Mishon Mackay Lettings Limited
£80.9k - Industry AVG
Debtor Days
it gets paid by customers after 125 days, this is later than average (30 days)
- Mishon Mackay Lettings Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (39 days)
- Mishon Mackay Lettings Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mishon Mackay Lettings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mishon Mackay Lettings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.5%, this is a lower level of debt than the average (62.4%)
43.5% - Mishon Mackay Lettings Limited
62.4% - Industry AVG
MISHON MACKAY LETTINGS LIMITED financials
Mishon Mackay Lettings Limited's latest turnover from March 2023 is estimated at £756.5 thousand and the company has net assets of £166.5 thousand. According to their latest financial statements, Mishon Mackay Lettings Limited has 12 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 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 | 12 | 12 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Tangible Assets | 23,573 | 24,658 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 23,573 | 24,658 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 260,687 | 246,265 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 10,310 | 7,252 | 0 |
| Cash | 0 | 0 | 100 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 270,997 | 253,517 | 100 |
| total assets | 294,570 | 278,175 | 100 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 118,420 | 128,098 | 0 |
| 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 | 118,420 | 128,098 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 9,673 | 6,859 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 9,673 | 6,859 | 0 |
| total liabilities | 128,093 | 134,957 | 0 |
| net assets | 166,477 | 143,218 | 100 |
| total shareholders funds | 166,477 | 143,218 | 100 |
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 4,351 | 0 | |
| Amortisation | 0 | 0 | |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 17,480 | 253,517 | 0 |
| Creditors | -9,678 | 128,098 | 0 |
| Accruals and Deferred Income | 2,814 | 6,859 | 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 | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | -100 | 100 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | -100 | 100 |
mishon mackay lettings limited Credit Report and Business Information
Mishon Mackay Lettings Limited Competitor Analysis
Perform a competitor analysis for mishon mackay lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in EC3A area or any other competitors across 12 key performance metrics.
mishon mackay lettings limited Ownership
MISHON MACKAY LETTINGS LIMITED group structure
Mishon Mackay Lettings Limited has 1 subsidiary company.
Ultimate parent company
2 parents
MISHON MACKAY LETTINGS LIMITED
12970083
1 subsidiary
mishon mackay lettings limited directors
Mishon Mackay Lettings Limited currently has 3 directors. The longest serving directors include Mr Stuart Pender (Jun 2024) and Mr Paul Broomham (Jun 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Pender | England | 59 years | Jun 2024 | - | Director |
| Mr Paul Broomham | England | 44 years | Jun 2024 | - | Director |
| Mr Ian Sutherland | United Kingdom | 54 years | Jun 2024 | - | Director |
P&L
March 2023turnover
756.5k
-3%
operating profit
28.7k
0%
gross margin
43.3%
-12.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
166.5k
+0.16%
total assets
294.6k
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
mishon mackay lettings limited company details
company number
12970083
Type
Private limited with Share Capital
industry
68310 - Real estate agencies
incorporation date
October 2020
age
4
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
mishon mackay preston road ltd (January 2021)
last accounts submitted
March 2023
address
70 st. mary axe, london, EC3A 8BE
accountant
CHISNALL CORNER ISMAIL AND CO
auditor
-
mishon mackay lettings 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 did not find charges/mortgages relating to mishon mackay lettings limited.
mishon mackay lettings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
