merit property powder mill limited
merit property powder mill limited Company Information
Company Number
13746667
Next Accounts
May 2025
Shareholders
richard ashford
tara adams-pope
View AllGroup 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
unit 1-4 merit house, whitewall road, rochester, ME2 4WS
Website
-merit property powder mill limited Estimated Valuation
Pomanda estimates the enterprise value of MERIT PROPERTY POWDER MILL LIMITED at £438.1k based on a Turnover of £126.7k and 3.46x industry multiple (adjusted for size and gross margin).
merit property powder mill limited Estimated Valuation
Pomanda estimates the enterprise value of MERIT PROPERTY POWDER MILL LIMITED at £745.7k based on an EBITDA of £109.1k and a 6.83x industry multiple (adjusted for size and gross margin).
merit property powder mill limited Estimated Valuation
Pomanda estimates the enterprise value of MERIT PROPERTY POWDER MILL LIMITED at £0 based on Net Assets of £-94.6k and 1.71x industry multiple (adjusted for liquidity).
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Merit Property Powder Mill Limited Overview
Merit Property Powder Mill Limited is a live company located in rochester, ME2 4WS with a Companies House number of 13746667. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2021, it's largest shareholder is richard ashford with a 20% stake. Merit Property Powder Mill Limited is a startup, micro sized company, Pomanda has estimated its turnover at £126.7k with unknown growth in recent years.
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Merit Property Powder Mill Limited Health Check
Pomanda's financial health check has awarded Merit Property Powder Mill 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 £126.7k, make it smaller than the average company (£828.4k)
- Merit Property Powder Mill Limited
£828.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Merit Property Powder Mill Limited
- - Industry AVG
Production
with a gross margin of 72.8%, this company has a comparable cost of product (72.8%)
- Merit Property Powder Mill Limited
72.8% - Industry AVG
Profitability
an operating margin of 86.1% make it more profitable than the average company (26.5%)
- Merit Property Powder Mill Limited
26.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Merit Property Powder Mill Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Merit Property Powder Mill Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £126.7k, this is less efficient (£180.2k)
- Merit Property Powder Mill Limited
£180.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Merit Property Powder Mill Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 481 days, this is slower than average (35 days)
- Merit Property Powder Mill Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Merit Property Powder Mill Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Merit Property Powder Mill Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.3%, this is a higher level of debt than the average (67.8%)
105.3% - Merit Property Powder Mill Limited
67.8% - Industry AVG
MERIT PROPERTY POWDER MILL LIMITED financials
Merit Property Powder Mill Limited's latest turnover from August 2023 is estimated at £126.7 thousand and the company has net assets of -£94.6 thousand. According to their latest financial statements, we estimate that Merit Property Powder Mill Limited has 1 employee and maintains cash reserves of £5 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | |
|---|---|---|
| Tangible Assets | 1,750,000 | 1,647,972 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 1,750,000 | 1,647,972 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 32,358 | 10,908 |
| Cash | 5 | 1,404 |
| misc current assets | 0 | 0 |
| total current assets | 32,363 | 12,312 |
| total assets | 1,782,363 | 1,660,284 |
| Bank overdraft | 18,308 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 45,524 | 0 |
| Group/Directors Accounts | 832,720 | 830,366 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 1,200 | 995 |
| total current liabilities | 897,752 | 831,361 |
| loans | 979,191 | 997,007 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 979,191 | 997,007 |
| total liabilities | 1,876,943 | 1,828,368 |
| net assets | -94,580 | -168,084 |
| total shareholders funds | -94,580 | -168,084 |
| Aug 2023 | Aug 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | |
| Amortisation | 0 | |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 21,450 | 10,908 |
| Creditors | 45,524 | 0 |
| Accruals and Deferred Income | 205 | 995 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 2,354 | 830,366 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | -17,816 | 997,007 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -1,399 | 1,404 |
| overdraft | 18,308 | 0 |
| change in cash | -19,707 | 1,404 |
merit property powder mill limited Credit Report and Business Information
Merit Property Powder Mill Limited Competitor Analysis
Perform a competitor analysis for merit property powder mill limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in ME2 area or any other competitors across 12 key performance metrics.
merit property powder mill limited Ownership
MERIT PROPERTY POWDER MILL LIMITED group structure
Merit Property Powder Mill Limited has no subsidiary companies.
Ultimate parent company
MERIT PROPERTY POWDER MILL LIMITED
13746667
merit property powder mill limited directors
Merit Property Powder Mill Limited currently has 2 directors. The longest serving directors include Mr Richard Ashford (Nov 2021) and Mr Steven Weekes (Nov 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Ashford | England | 46 years | Nov 2021 | - | Director |
| Mr Steven Weekes | England | 36 years | Nov 2021 | - | Director |
P&L
August 2023turnover
126.7k
0%
operating profit
109.1k
0%
gross margin
72.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-94.6k
-0.44%
total assets
1.8m
+0.07%
cash
5
-1%
net assets
Total assets minus all liabilities
Similar Companies
merit property powder mill limited company details
company number
13746667
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
November 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
unit 1-4 merit house, whitewall road, rochester, ME2 4WS
Bank
-
Legal Advisor
-
merit property powder mill 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 found 2 charges/mortgages relating to merit property powder mill limited. Currently there are 2 open charges and 0 have been satisfied in the past.
merit property powder mill limited 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 MERIT PROPERTY POWDER MILL LIMITED. This can take several minutes, an email will notify you when this has completed.
merit property powder mill limited Companies House Filings - See Documents
| date | description | view/download |
|---|
