milegate homes ltd
milegate homes ltd Company Information
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
220 the vale, london, NW11 8SR
Website
-milegate homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MILEGATE HOMES LTD at £77.8k based on a Turnover of £145k and 0.54x industry multiple (adjusted for size and gross margin).
milegate homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MILEGATE HOMES LTD at £68.6k based on an EBITDA of £21.5k and a 3.2x industry multiple (adjusted for size and gross margin).
milegate homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MILEGATE HOMES LTD at £38.8k based on Net Assets of £16.1k and 2.41x industry multiple (adjusted for liquidity).
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Milegate Homes Ltd Overview
Milegate Homes Ltd is a live company located in london, NW11 8SR with a Companies House number of 14727312. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in March 2023, it's largest shareholder is menashe konig with a 100% stake. Milegate Homes Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £145k with unknown growth in recent years.
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Milegate Homes Ltd Health Check
Pomanda's financial health check has awarded Milegate Homes Ltd a 2.5 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
1 Regular
6 Weak
Size
annual sales of £145k, make it smaller than the average company (£849.7k)
- Milegate Homes Ltd
£849.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Milegate Homes Ltd
- - Industry AVG
Production
with a gross margin of 19%, this company has a higher cost of product (39.5%)
- Milegate Homes Ltd
39.5% - Industry AVG
Profitability
an operating margin of 14.8% make it more profitable than the average company (5.7%)
- Milegate Homes Ltd
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Milegate Homes Ltd
14 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
- Milegate Homes Ltd
£29k - Industry AVG
Efficiency
resulting in sales per employee of £145k, this is more efficient (£73k)
- Milegate Homes Ltd
£73k - Industry AVG
Debtor Days
it gets paid by customers after 138 days, this is later than average (27 days)
- Milegate Homes Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (37 days)
- Milegate Homes Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Milegate Homes Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Milegate Homes Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.9%, this is a higher level of debt than the average (37.3%)
70.9% - Milegate Homes Ltd
37.3% - Industry AVG
MILEGATE HOMES LTD financials
Milegate Homes Ltd's latest turnover from March 2024 is estimated at £145 thousand and the company has net assets of £16.1 thousand. According to their latest financial statements, Milegate Homes Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | |
|---|---|
| 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 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | |
|---|---|
| Tangible Assets | 400 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 400 |
| Stock & work in progress | 0 |
| Trade Debtors | 54,956 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 54,956 |
| total assets | 55,356 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 4,543 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 4,543 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 34,715 |
| provisions | 0 |
| total long term liabilities | 34,715 |
| total liabilities | 39,258 |
| net assets | 16,098 |
| total shareholders funds | 16,098 |
| Mar 2024 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | 0 |
| Debtors | 54,956 |
| Creditors | 4,543 |
| 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 | 34,715 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
milegate homes ltd Credit Report and Business Information
Milegate Homes Ltd Competitor Analysis
Perform a competitor analysis for milegate homes ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in NW11 area or any other competitors across 12 key performance metrics.
milegate homes ltd Ownership
MILEGATE HOMES LTD group structure
Milegate Homes Ltd has no subsidiary companies.
Ultimate parent company
MILEGATE HOMES LTD
14727312
milegate homes ltd directors
Milegate Homes Ltd currently has 1 director, Mr Menashe Konig serving since Mar 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Menashe Konig | United Kingdom | 31 years | Mar 2023 | - | Director |
P&L
March 2024turnover
145k
0%
operating profit
21.5k
0%
gross margin
19%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
16.1k
0%
total assets
55.4k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
milegate homes ltd company details
company number
14727312
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
March 2023
age
2
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
220 the vale, london, NW11 8SR
Bank
-
Legal Advisor
-
milegate 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 did not find charges/mortgages relating to milegate homes ltd.
milegate 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.
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milegate homes ltd Companies House Filings - See Documents
| date | description | view/download |
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