Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1
Registered Address
15-19 belfast road, london, N16 6UN
Website
-
meynell estates ltdEstimated Valuation
£526.7k
Pomanda estimates the enterprise value of MEYNELL ESTATES LTD at £526.7k based on a Turnover of £245.7k and 2.14x industry multiple (adjusted for size and gross margin).
meynell estates ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MEYNELL ESTATES LTD at £0 based on an EBITDA of £-4.8k and a 4.37x industry multiple (adjusted for size and gross margin).
meynell estates ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MEYNELL ESTATES LTD at £0 based on Net Assets of £-4.8k and 1.6x industry multiple (adjusted for liquidity).
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Meynell Estates LtdOverview
Meynell Estates Ltd is a live company located in london, N16 6UN with a Companies House number of 14842978. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2023, it's largest shareholder is
solomon gluck
with a 100% stake. Meynell Estates Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£245.7k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Meynell Estates Ltd a 2 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
Health Rating2out of 5
2 Strong
1 Regular
6 Weak
Size
annual sales of £245.7k, make it smaller than the average company (£866.2k)
£245.7k - Meynell Estates Ltd
£866.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Meynell Estates Ltd
- - Industry AVG
Production
with a gross margin of 29.4%, this company has a higher cost of product (72.1%)
29.4% - Meynell Estates Ltd
72.1% - Industry AVG
Profitability
an operating margin of -2% make it less profitable than the average company (26.8%)
-2% - Meynell Estates Ltd
26.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Meynell Estates Ltd
4 - Industry AVG
Pay Structure
on an average salary of £36.5k, the company has an equivalent pay structure (£36.5k)
£36.5k - Meynell Estates Ltd
£36.5k - Industry AVG
Efficiency
resulting in sales per employee of £245.7k, this is more efficient (£186.4k)
£245.7k - Meynell Estates Ltd
£186.4k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (28 days)
65 days - Meynell Estates Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 498 days, this is slower than average (35 days)
498 days - Meynell Estates Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Meynell Estates Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Meynell Estates Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.8%, this is a higher level of debt than the average (67.3%)
100.8% - Meynell Estates Ltd
67.3% - Industry AVG
MEYNELL ESTATES LTD financials
EXPORT
Meynell Estates Ltd's latest turnover from May 2024 is estimated at £245.7 thousand and the company has net assets of -£4.8 thousand. According to their latest financial statements, we estimate that Meynell Estates Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
Turnover
245,702
Other Income Or Grants
Cost Of Sales
173,371
Gross Profit
72,330
Admin Expenses
77,179
Operating Profit
-4,849
Interest Payable
Interest Receivable
Pre-Tax Profit
-4,849
Tax
Profit After Tax
-4,849
Dividends Paid
Retained Profit
-4,849
Employee Costs
36,483
Number Of Employees
1
EBITDA*
-4,849
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
Tangible Assets
573,048
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
573,048
Stock & work in progress
Trade Debtors
44,174
Group Debtors
Misc Debtors
15,948
Cash
misc current assets
total current assets
60,122
total assets
633,170
Bank overdraft
Bank loan
Trade Creditors
236,941
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
236,941
loans
hp & lease commitments
Accruals and Deferred Income
540
other liabilities
400,538
provisions
total long term liabilities
401,078
total liabilities
638,019
net assets
-4,849
total shareholders funds
-4,849
May 2024
Operating Activities
Operating Profit
-4,849
Depreciation
Amortisation
Tax
Stock
Debtors
60,122
Creditors
236,941
Accruals and Deferred Income
540
Deferred Taxes & Provisions
Cash flow from operations
172,510
Investing Activities
capital expenditure
-573,048
Change in Investments
cash flow from investments
-573,048
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
400,538
share issue
interest
cash flow from financing
400,538
cash and cash equivalents
cash
overdraft
change in cash
meynell estates 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 meynell estates ltd. Get real-time insights into meynell estates ltd's credit score, group structure and payment trends.
Perform a competitor analysis for meynell estates ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N16 area or any other competitors across 12 key performance metrics.
meynell estates ltd Ownership
MEYNELL ESTATES LTD group structure
Meynell Estates Ltd has no subsidiary companies.
Ultimate parent company
MEYNELL ESTATES LTD
14842978
MEYNELL ESTATES LTD Shareholders
The sole shareholder of Meynell Estates Ltd is Solomon Gluck.
solomon gluck
100%
meynell estates ltd directors
Meynell Estates Ltd currently has 1 director, Mr Solomon Gluck serving since May 2023.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024
net assets
-4.8k
0%
total assets
633.2k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
meynell estates ltd company details
company number
14842978
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.
68100 - Buying and selling of own real estate
incorporation date
May 2023
age
2
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
15-19 belfast road, london, N16 6UN
Bank
-
Legal Advisor
-
meynell estates 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 1 charges/mortgages relating to meynell estates ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
meynell estates 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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meynell estates ltdCompanies House Filings - See Documents
