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
15-17 belfast road, london, N16 6UN
Website
-
mountgrove sub ltdEstimated Valuation
£19.3m
Pomanda estimates the enterprise value of MOUNTGROVE SUB LTD at £19.3m based on a Turnover of £7.3m and 2.63x industry multiple (adjusted for size and gross margin).
mountgrove sub ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MOUNTGROVE SUB LTD at £0 based on an EBITDA of £-25.8k and a 5.13x industry multiple (adjusted for size and gross margin).
mountgrove sub ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MOUNTGROVE SUB LTD at £0 based on Net Assets of £-25.8k and 1.68x industry multiple (adjusted for liquidity).
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Mountgrove Sub LtdOverview
Mountgrove Sub Ltd is a live company located in london, N16 6UN with a Companies House number of 14077551. 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
mountgrove properties ltd
with a 100% stake. Mountgrove Sub Ltd is a startup,
mid sized company, Pomanda has estimated its turnover at
£7.3m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Mountgrove Sub Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
1 Regular
5 Weak
Size
annual sales of £359.9k, make it smaller than the average company (£797.3k)
£359.9k - Mountgrove Sub Ltd
£797.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Mountgrove Sub Ltd
- - Industry AVG
Production
with a gross margin of 30%, this company has a higher cost of product (72.5%)
30% - Mountgrove Sub Ltd
72.5% - Industry AVG
Profitability
an operating margin of -23.7% make it less profitable than the average company (26.5%)
-23.7% - Mountgrove Sub Ltd
26.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Mountgrove Sub Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
£31.2k - Mountgrove Sub Ltd
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £359.9k, this is more efficient (£175k)
£359.9k - Mountgrove Sub Ltd
£175k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (33 days)
14 days - Mountgrove Sub Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 1466 days, this is slower than average (35 days)
1466 days - Mountgrove Sub Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mountgrove Sub Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mountgrove Sub Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.6%, this is a higher level of debt than the average (67.9%)
102.6% - Mountgrove Sub Ltd
67.9% - Industry AVG
MOUNTGROVE SUB LTD financials
EXPORT
Mountgrove Sub Ltd's latest turnover from December 2023 is estimated at £7.3 million and the company has net assets of -£25.8 thousand. According to their latest financial statements, we estimate that Mountgrove Sub Ltd has 15 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Apr 2023
Turnover
7,334,277
359,949
Other Income Or Grants
Cost Of Sales
5,339,994
251,864
Gross Profit
1,994,283
108,085
Admin Expenses
2,020,055
193,356
Operating Profit
-25,772
-85,271
Interest Payable
Interest Receivable
Pre-Tax Profit
-25,772
-85,271
Tax
Profit After Tax
-25,772
-85,271
Dividends Paid
Retained Profit
-25,772
-85,271
Employee Costs
497,478
31,195
Number Of Employees
15
1
EBITDA*
-25,772
-85,271
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Apr 2023
Tangible Assets
3,305,257
3,305,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,305,257
3,305,000
Stock & work in progress
Trade Debtors
1,775,327
13,964
Group Debtors
Misc Debtors
81,385
Cash
misc current assets
total current assets
1,856,712
13,964
total assets
5,161,969
3,318,964
Bank overdraft
Bank loan
Trade Creditors
2,801,720
1,012,059
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
2,801,720
1,012,059
loans
hp & lease commitments
Accruals and Deferred Income
2,400
1,200
other liabilities
2,383,621
2,390,976
provisions
total long term liabilities
2,386,021
2,392,176
total liabilities
5,187,741
3,404,235
net assets
-25,772
-85,271
total shareholders funds
-25,772
-85,271
Dec 2023
Apr 2023
Operating Activities
Operating Profit
-25,772
-85,271
Depreciation
Amortisation
Tax
Stock
Debtors
1,856,712
13,964
Creditors
2,801,720
1,012,059
Accruals and Deferred Income
2,400
1,200
Deferred Taxes & Provisions
Cash flow from operations
921,636
914,024
Investing Activities
capital expenditure
-3,305,257
-3,305,000
Change in Investments
cash flow from investments
-3,305,257
-3,305,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
2,383,621
2,390,976
share issue
interest
cash flow from financing
2,383,621
2,390,976
cash and cash equivalents
cash
overdraft
change in cash
mountgrove sub ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for mountgrove sub ltd. Get real-time insights into mountgrove sub ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mountgrove sub ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in N16 area or any other competitors across 12 key performance metrics.
mountgrove sub ltd Ownership
MOUNTGROVE SUB LTD group structure
Mountgrove Sub Ltd has no subsidiary companies.
Ultimate parent company
MOUNTGROVE SUB LTD
14077551
MOUNTGROVE SUB LTD Shareholders
The sole shareholder of Mountgrove Sub Ltd is Mountgrove Properties Ltd.
mountgrove properties ltd
100%
mountgrove sub ltd directors
Mountgrove Sub Ltd currently has 2 directors.
The longest serving directors include
Mr Solomon Gluck (Apr 2022) and
Mr Joseph Gluck (Apr 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
-25.8k
0%
total assets
5.2m
0%
cash
0
0%
net assets
Total assets minus all liabilities
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mountgrove sub ltd company details
company number
14077551
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
3
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
15-17 belfast road, london, N16 6UN
Bank
-
Legal Advisor
-
mountgrove sub 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 13 charges/mortgages relating to mountgrove sub ltd. Currently there are 13 open charges and 0 have been satisfied in the past.
mountgrove sub 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.
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mountgrove sub ltdCompanies House Filings - See Documents
