magid residential ltd

magid residential ltd Company Information

Share MAGID RESIDENTIAL LTD
Live 
StartupMicro

Company Number

15064781

Industry

Buying and selling of own real estate

 

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Shareholders

marc anthony magid

debra magid

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Group Structure

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Contact

Registered Address

19 kersal crag, salford, M7 4SL

Website

-

magid residential ltd Estimated Valuation

£316.2k

Pomanda estimates the enterprise value of MAGID RESIDENTIAL LTD at £316.2k based on a Turnover of £141.4k and 2.24x industry multiple (adjusted for size and gross margin).

magid residential ltd Estimated Valuation

£7k

Pomanda estimates the enterprise value of MAGID RESIDENTIAL LTD at £7k based on an EBITDA of £1.5k and a 4.51x industry multiple (adjusted for size and gross margin).

magid residential ltd Estimated Valuation

£1.9k

Pomanda estimates the enterprise value of MAGID RESIDENTIAL LTD at £1.9k based on Net Assets of £1.2k and 1.63x industry multiple (adjusted for liquidity).

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Magid Residential Ltd Overview

Magid Residential Ltd is a live company located in salford, M7 4SL with a Companies House number of 15064781. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2023, it's largest shareholder is marc anthony magid with a 26% stake. Magid Residential Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £141.4k with unknown growth in recent years.

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Magid Residential Ltd Health Check

Pomanda's financial health check has awarded Magid Residential Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £141.4k, make it smaller than the average company (£968.2k)

£141.4k - Magid Residential Ltd

£968.2k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Magid Residential Ltd

- - Industry AVG

production

Production

with a gross margin of 27.8%, this company has a higher cost of product (70.1%)

27.8% - Magid Residential Ltd

70.1% - Industry AVG

profitability

Profitability

an operating margin of 1.1% make it less profitable than the average company (29.4%)

1.1% - Magid Residential Ltd

29.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Magid Residential Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.6k, the company has an equivalent pay structure (£37.6k)

£37.6k - Magid Residential Ltd

£37.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £141.4k, this is less efficient (£201k)

£141.4k - Magid Residential Ltd

£201k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 28 days, this is near the average (27 days)

28 days - Magid Residential Ltd

27 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1128 days, this is slower than average (34 days)

1128 days - Magid Residential Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Magid Residential Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Magid Residential Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.6%, this is a higher level of debt than the average (66%)

99.6% - Magid Residential Ltd

66% - Industry AVG

MAGID RESIDENTIAL LTD financials

EXPORTms excel logo

Magid Residential Ltd's latest turnover from August 2024 is estimated at £141.4 thousand and the company has net assets of £1.2 thousand. According to their latest financial statements, Magid Residential Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2024
Turnover141,399
Other Income Or Grants0
Cost Of Sales102,061
Gross Profit39,338
Admin Expenses37,795
Operating Profit1,543
Interest Payable0
Interest Receivable0
Pre-Tax Profit1,543
Tax-386
Profit After Tax1,157
Dividends Paid0
Retained Profit1,157
Employee Costs37,625
Number Of Employees1
EBITDA*1,543

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2024
Tangible Assets313,094
Intangible Assets0
Investments & Other0
Debtors (Due After 1 year)0
Total Fixed Assets313,094
Stock & work in progress0
Trade Debtors11,145
Group Debtors0
Misc Debtors0
Cash0
misc current assets0
total current assets11,145
total assets324,239
Bank overdraft0
Bank loan0
Trade Creditors 315,420
Group/Directors Accounts0
other short term finances0
hp & lease commitments0
other current liabilities0
total current liabilities315,420
loans0
hp & lease commitments0
Accruals and Deferred Income7,662
other liabilities0
provisions0
total long term liabilities7,662
total liabilities323,082
net assets1,157
total shareholders funds1,157
Aug 2024
Operating Activities
Operating Profit1,543
Depreciation0
Amortisation0
Tax-386
Stock0
Debtors11,145
Creditors315,420
Accruals and Deferred Income7,662
Deferred Taxes & Provisions0
Cash flow from operations313,094
Investing Activities
capital expenditure-313,094
Change in Investments0
cash flow from investments-313,094
Financing Activities
Bank loans0
Group/Directors Accounts0
Other Short Term Loans 0
Long term loans0
Hire Purchase and Lease Commitments0
other long term liabilities0
share issue0
interest0
cash flow from financing0
cash and cash equivalents
cash0
overdraft0
change in cash0

magid residential ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Magid Residential Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for magid residential ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M 7 area or any other competitors across 12 key performance metrics.

magid residential ltd Ownership

MAGID RESIDENTIAL LTD group structure

Magid Residential Ltd has no subsidiary companies.

Ultimate parent company

MAGID RESIDENTIAL LTD

15064781

MAGID RESIDENTIAL LTD Shareholders

marc anthony magid 26%
debra magid 26%
daniel nathan magid 24%
jaymes oliver magid 24%

magid residential ltd directors

Magid Residential Ltd currently has 2 directors. The longest serving directors include Mrs Debra Magid (Aug 2023) and Mr Marc Magid (Aug 2023).

officercountryagestartendrole
Mrs Debra MagidUnited Kingdom57 years Aug 2023- Director
Mr Marc MagidUnited Kingdom59 years Aug 2023- Director

P&L

August 2024

turnover

141.4k

0%

operating profit

1.5k

0%

gross margin

27.9%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2024

net assets

1.2k

0%

total assets

324.2k

0%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

magid residential ltd company details

company number

15064781

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

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

August 2023

age

2

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2024

previous names

N/A

accountant

-

auditor

-

address

19 kersal crag, salford, M7 4SL

Bank

-

Legal Advisor

-

magid residential 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 magid residential ltd.

magid residential 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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magid residential ltd Companies House Filings - See Documents

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