mitha properties ltd
mitha properties ltd Company Information
Company Number
14058066
Next Accounts
Jan 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
salim patel
yunus patel
Group Structure
View All
Contact
Registered Address
519 leeds road, huddersfield, HD2 1YQ
Website
-mitha properties ltd Estimated Valuation
Pomanda estimates the enterprise value of MITHA PROPERTIES LTD at £160.8k based on a Turnover of £67.2k and 2.39x industry multiple (adjusted for size and gross margin).
mitha properties ltd Estimated Valuation
Pomanda estimates the enterprise value of MITHA PROPERTIES LTD at £0 based on an EBITDA of £-1.5k and a 4.93x industry multiple (adjusted for size and gross margin).
mitha properties ltd Estimated Valuation
Pomanda estimates the enterprise value of MITHA PROPERTIES LTD at £0 based on Net Assets of £-1.5k and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mitha Properties Ltd Overview
Mitha Properties Ltd is a live company located in huddersfield, HD2 1YQ with a Companies House number of 14058066. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2022, it's largest shareholder is salim patel with a 50% stake. Mitha Properties Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £67.2k with unknown growth in recent years.
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Mitha Properties Ltd Health Check
Pomanda's financial health check has awarded Mitha Properties Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
7 Weak
Size
annual sales of £67.2k, make it smaller than the average company (£800k)
- Mitha Properties Ltd
£800k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mitha Properties Ltd
- - Industry AVG
Production
with a gross margin of 29.1%, this company has a higher cost of product (72%)
- Mitha Properties Ltd
72% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (28.4%)
- Mitha Properties Ltd
28.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Mitha Properties Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- Mitha Properties Ltd
£31k - Industry AVG
Efficiency
resulting in sales per employee of £67.2k, this is less efficient (£174.2k)
- Mitha Properties Ltd
£174.2k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (33 days)
- Mitha Properties Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is close to average (35 days)
- Mitha Properties Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mitha Properties Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mitha Properties Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.7%, this is a higher level of debt than the average (68.3%)
100.7% - Mitha Properties Ltd
68.3% - Industry AVG
MITHA PROPERTIES LTD financials
Mitha Properties Ltd's latest turnover from April 2023 is estimated at £67.2 thousand and the company has net assets of -£1.5 thousand. According to their latest financial statements, we estimate that Mitha Properties Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | |
|---|---|
| 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
| Apr 2023 | |
|---|---|
| Tangible Assets | 178,966 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 178,966 |
| Stock & work in progress | 0 |
| Trade Debtors | 19,566 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 19,566 |
| total assets | 198,532 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 5,001 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 5,001 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 195,000 |
| provisions | 0 |
| total long term liabilities | 195,000 |
| total liabilities | 200,001 |
| net assets | -1,469 |
| total shareholders funds | -1,469 |
| Apr 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | 0 |
| Debtors | 19,566 |
| Creditors | 5,001 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 195,000 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
mitha properties ltd Credit Report and Business Information
Mitha Properties Ltd Competitor Analysis
Perform a competitor analysis for mitha properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HD2 area or any other competitors across 12 key performance metrics.
mitha properties ltd Ownership
MITHA PROPERTIES LTD group structure
Mitha Properties Ltd has no subsidiary companies.
Ultimate parent company
MITHA PROPERTIES LTD
14058066
mitha properties ltd directors
Mitha Properties Ltd currently has 2 directors. The longest serving directors include Mr Salim Patel (Apr 2022) and Mr Yunus Patel (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Salim Patel | United Kingdom | 56 years | Apr 2022 | - | Director |
| Mr Yunus Patel | United Kingdom | 52 years | Apr 2022 | - | Director |
P&L
April 2023turnover
67.2k
0%
operating profit
-1.5k
0%
gross margin
29.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-1.5k
0%
total assets
198.5k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
mitha properties ltd company details
company number
14058066
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
April 2022
age
2
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
519 leeds road, huddersfield, HD2 1YQ
Bank
-
Legal Advisor
-
mitha properties 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 mitha properties ltd.
mitha properties 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 MITHA PROPERTIES LTD. This can take several minutes, an email will notify you when this has completed.
mitha properties ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
