mi property ltd
mi property ltd Company Information
Company Number
13546655
Next Accounts
May 2025
Shareholders
nicholas kyriacou
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
9 onslow parade, hampden square, london, N14 5JN
Website
mi-homes.co.ukmi property ltd Estimated Valuation
Pomanda estimates the enterprise value of MI PROPERTY LTD at £560k based on a Turnover of £185.8k and 3.01x industry multiple (adjusted for size and gross margin).
mi property ltd Estimated Valuation
Pomanda estimates the enterprise value of MI PROPERTY LTD at £736.4k based on an EBITDA of £114k and a 6.46x industry multiple (adjusted for size and gross margin).
mi property ltd Estimated Valuation
Pomanda estimates the enterprise value of MI PROPERTY LTD at £156.5k based on Net Assets of £99.4k and 1.58x industry multiple (adjusted for liquidity).
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Mi Property Ltd Overview
Mi Property Ltd is a live company located in london, N14 5JN with a Companies House number of 13546655. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2021, it's largest shareholder is nicholas kyriacou with a 100% stake. Mi Property Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £185.8k with unknown growth in recent years.
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Mi Property Ltd Health Check
Pomanda's financial health check has awarded Mi Property Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
3 Weak
Size
annual sales of £185.8k, make it smaller than the average company (£844.4k)
- Mi Property Ltd
£844.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mi Property Ltd
- - Industry AVG
Production
with a gross margin of 68.9%, this company has a comparable cost of product (68.9%)
- Mi Property Ltd
68.9% - Industry AVG
Profitability
an operating margin of 61.3% make it more profitable than the average company (25.8%)
- Mi Property Ltd
25.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Mi Property Ltd
4 - Industry AVG
Pay Structure
on an average salary of £34.7k, the company has an equivalent pay structure (£34.7k)
- Mi Property Ltd
£34.7k - Industry AVG
Efficiency
resulting in sales per employee of £185.8k, this is equally as efficient (£185.8k)
- Mi Property Ltd
£185.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mi Property Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mi Property Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mi Property Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (9 weeks)
29 weeks - Mi Property Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.8%, this is a higher level of debt than the average (64.4%)
86.8% - Mi Property Ltd
64.4% - Industry AVG
MI PROPERTY LTD financials
Mi Property Ltd's latest turnover from August 2023 is estimated at £185.8 thousand and the company has net assets of £99.4 thousand. According to their latest financial statements, Mi Property Ltd has 1 employee and maintains cash reserves of £371 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | |
|---|---|---|
| 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 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | 321,749 | 321,749 |
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 321,749 | 321,749 |
| Stock & work in progress | ||
| Trade Debtors | ||
| Group Debtors | ||
| Misc Debtors | 58,959 | 319 |
| Cash | 370,950 | 7,575 |
| misc current assets | ||
| total current assets | 429,909 | 7,894 |
| total assets | 751,658 | 329,643 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | ||
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 652,263 | 323,171 |
| total current liabilities | 652,263 | 323,171 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | 652,263 | 323,171 |
| net assets | 99,395 | 6,472 |
| total shareholders funds | 99,395 | 6,472 |
| Aug 2023 | Aug 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 58,640 | 319 |
| Creditors | ||
| Accruals and Deferred Income | 329,092 | 323,171 |
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 321,749 | |
| 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 | 363,375 | 7,575 |
| overdraft | ||
| change in cash | 363,375 | 7,575 |
mi property ltd Credit Report and Business Information
Mi Property Ltd Competitor Analysis
Perform a competitor analysis for mi property ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N14 area or any other competitors across 12 key performance metrics.
mi property ltd Ownership
MI PROPERTY LTD group structure
Mi Property Ltd has no subsidiary companies.
Ultimate parent company
MI PROPERTY LTD
13546655
mi property ltd directors
Mi Property Ltd currently has 3 directors. The longest serving directors include Mr Nicholas Kyriacou (Aug 2021) and Mr Nicholas Kyriacou (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Kyriacou | United Kingdom | 35 years | Aug 2021 | - | Director |
| Mr Nicholas Kyriacou | Wales | 35 years | Aug 2021 | - | Director |
| Mr Nicholas Kyriacou | United Kingdom | 35 years | Aug 2021 | - | Director |
P&L
August 2023turnover
185.8k
0%
operating profit
114k
0%
gross margin
69%
+3.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
99.4k
+14.36%
total assets
751.7k
+1.28%
cash
371k
+47.97%
net assets
Total assets minus all liabilities
Similar Companies
mi property ltd company details
company number
13546655
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
August 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
HAINES WATTS NORTH LONDON LLP
auditor
-
address
9 onslow parade, hampden square, london, N14 5JN
Bank
-
Legal Advisor
-
mi property 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 mi property ltd.
mi property 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 MI PROPERTY LTD. This can take several minutes, an email will notify you when this has completed.
mi property ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
