mortimer homes ltd
mortimer homes ltd Company Information
Company Number
13662170
Next Accounts
Sep 2025
Industry
Buying and selling of own real estate
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
weymouth trading ltd
Group Structure
View All
Contact
Registered Address
10 cameron road, ilford, IG3 8LA
Website
-mortimer homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MORTIMER HOMES LTD at £1m based on a Turnover of £325.4k and 3.08x industry multiple (adjusted for size and gross margin).
mortimer homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MORTIMER HOMES LTD at £1.1m based on an EBITDA of £162.7k and a 6.65x industry multiple (adjusted for size and gross margin).
mortimer homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MORTIMER HOMES LTD at £0 based on Net Assets of £-47.8k and 1.67x industry multiple (adjusted for liquidity).
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Mortimer Homes Ltd Overview
Mortimer Homes Ltd is a live company located in ilford, IG3 8LA with a Companies House number of 13662170. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2021, it's largest shareholder is weymouth trading ltd with a 100% stake. Mortimer Homes Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £325.4k with unknown growth in recent years.
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Mortimer Homes Ltd Health Check
Pomanda's financial health check has awarded Mortimer Homes Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £325.4k, make it smaller than the average company (£999k)
- Mortimer Homes Ltd
£999k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mortimer Homes Ltd
- - Industry AVG
Production
with a gross margin of 70.9%, this company has a comparable cost of product (70.9%)
- Mortimer Homes Ltd
70.9% - Industry AVG
Profitability
an operating margin of 50% make it more profitable than the average company (23.2%)
- Mortimer Homes Ltd
23.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Mortimer Homes Ltd
4 - Industry AVG
Pay Structure
on an average salary of £35.8k, the company has an equivalent pay structure (£35.8k)
- Mortimer Homes Ltd
£35.8k - Industry AVG
Efficiency
resulting in sales per employee of £162.7k, this is less efficient (£196.2k)
- Mortimer Homes Ltd
£196.2k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is later than average (29 days)
- Mortimer Homes Ltd
29 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (34 days)
- Mortimer Homes Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mortimer Homes Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2457 weeks, this is more cash available to meet short term requirements (10 weeks)
2457 weeks - Mortimer Homes Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.6%, this is a higher level of debt than the average (67%)
101.6% - Mortimer Homes Ltd
67% - Industry AVG
MORTIMER HOMES LTD financials
Mortimer Homes Ltd's latest turnover from December 2023 is estimated at £325.4 thousand and the company has net assets of -£47.8 thousand. According to their latest financial statements, we estimate that Mortimer Homes Ltd has 2 employees and maintains cash reserves of £126.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Turnover | 106,837 | |
| Other Income Or Grants | 0 | |
| Cost Of Sales | 3,220 | |
| Gross Profit | 103,617 | |
| Admin Expenses | 116,684 | |
| Operating Profit | -13,067 | |
| Interest Payable | 34,797 | |
| Interest Receivable | 0 | |
| Pre-Tax Profit | -47,864 | |
| Tax | 0 | |
| Profit After Tax | -47,864 | |
| Dividends Paid | 0 | |
| Retained Profit | -47,864 | |
| Employee Costs | ||
| Number Of Employees | ||
| EBITDA* | -13,067 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 2,782,533 | 2,782,533 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 2,782,533 | 2,782,533 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 39,141 | 39,141 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 126,463 | 126,463 |
| misc current assets | 0 | 0 |
| total current assets | 165,604 | 165,604 |
| total assets | 2,948,137 | 2,948,137 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 2,676 | 2,676 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 2,676 | 2,676 |
| loans | 1,505,409 | 1,505,409 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 1,487,816 | 1,487,816 |
| provisions | 0 | 0 |
| total long term liabilities | 2,993,225 | 2,993,225 |
| total liabilities | 2,995,901 | 2,995,901 |
| net assets | -47,764 | -47,764 |
| total shareholders funds | -47,764 | -47,764 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -13,067 | |
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | 0 | |
| Stock | 0 | 0 |
| Debtors | 0 | 39,141 |
| Creditors | 0 | 2,676 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | -49,532 | |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 2,782,533 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 1,505,409 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 1,487,816 |
| share issue | ||
| interest | -34,797 | |
| cash flow from financing | 2,958,528 | |
| cash and cash equivalents | ||
| cash | 0 | 126,463 |
| overdraft | 0 | 0 |
| change in cash | 0 | 126,463 |
mortimer homes ltd Credit Report and Business Information
Mortimer Homes Ltd Competitor Analysis
Perform a competitor analysis for mortimer homes ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in IG3 area or any other competitors across 12 key performance metrics.
mortimer homes ltd Ownership
MORTIMER HOMES LTD group structure
Mortimer Homes Ltd has no subsidiary companies.
mortimer homes ltd directors
Mortimer Homes Ltd currently has 2 directors. The longest serving directors include Mr Dema Wonga (Oct 2021) and Ms Karisma Patel (Jan 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dema Wonga | United Kingdom | 43 years | Oct 2021 | - | Director |
| Ms Karisma Patel | England | 47 years | Jan 2022 | - | Director |
P&L
December 2023turnover
325.4k
+205%
operating profit
162.7k
0%
gross margin
70.9%
-26.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-47.8k
0%
total assets
2.9m
0%
cash
126.5k
0%
net assets
Total assets minus all liabilities
Similar Companies
mortimer homes ltd company details
company number
13662170
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
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
October 2021
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
10 cameron road, ilford, IG3 8LA
Bank
-
Legal Advisor
-
mortimer homes 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 12 charges/mortgages relating to mortimer homes ltd. Currently there are 12 open charges and 0 have been satisfied in the past.
mortimer homes 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 MORTIMER HOMES LTD. This can take several minutes, an email will notify you when this has completed.
mortimer homes ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
