magid residential ltd Company Information
Company Number
15064781
Next Accounts
May 2026
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
View AllGroup Structure
View All
Contact
Registered Address
19 kersal crag, salford, M7 4SL
Website
-magid residential ltd Estimated Valuation
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
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
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
1 Strong
2 Regular
6 Weak
Size
annual sales of £141.4k, make it smaller than the average company (£968.2k)
- Magid Residential Ltd
£968.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Magid Residential Ltd
- - Industry AVG
Production
with a gross margin of 27.8%, this company has a higher cost of product (70.1%)
- Magid Residential Ltd
70.1% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (29.4%)
- Magid Residential Ltd
29.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Magid Residential Ltd
4 - Industry AVG
Pay Structure
on an average salary of £37.6k, the company has an equivalent pay structure (£37.6k)
- Magid Residential Ltd
£37.6k - Industry AVG
Efficiency
resulting in sales per employee of £141.4k, this is less efficient (£201k)
- Magid Residential Ltd
£201k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is near the average (27 days)
- Magid Residential Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 1128 days, this is slower than average (34 days)
- Magid Residential Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Magid Residential Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Magid Residential Ltd
- - Industry AVG
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
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 House, Pomanda Estimates
Aug 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
Aug 2024 | |
---|---|
Tangible Assets | 313,094 |
Intangible Assets | 0 |
Investments & Other | 0 |
Debtors (Due After 1 year) | 0 |
Total Fixed Assets | 313,094 |
Stock & work in progress | 0 |
Trade Debtors | 11,145 |
Group Debtors | 0 |
Misc Debtors | 0 |
Cash | 0 |
misc current assets | 0 |
total current assets | 11,145 |
total assets | 324,239 |
Bank overdraft | 0 |
Bank loan | 0 |
Trade Creditors | 315,420 |
Group/Directors Accounts | 0 |
other short term finances | 0 |
hp & lease commitments | 0 |
other current liabilities | 0 |
total current liabilities | 315,420 |
loans | 0 |
hp & lease commitments | 0 |
Accruals and Deferred Income | 7,662 |
other liabilities | 0 |
provisions | 0 |
total long term liabilities | 7,662 |
total liabilities | 323,082 |
net assets | 1,157 |
total shareholders funds | 1,157 |
Aug 2024 | |
---|---|
Operating Activities | |
Operating Profit | |
Depreciation | |
Amortisation | |
Tax | |
Stock | 0 |
Debtors | 11,145 |
Creditors | 315,420 |
Accruals and Deferred Income | 7,662 |
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 | 0 |
share issue | |
interest | |
cash flow from financing | |
cash and cash equivalents | |
cash | 0 |
overdraft | 0 |
change in cash | 0 |
magid residential ltd Credit Report and Business Information
Magid Residential Ltd Competitor Analysis
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 directors
Magid Residential Ltd currently has 2 directors. The longest serving directors include Mrs Debra Magid (Aug 2023) and Mr Marc Magid (Aug 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Debra Magid | United Kingdom | 57 years | Aug 2023 | - | Director |
Mr Marc Magid | United Kingdom | 59 years | Aug 2023 | - | Director |
P&L
August 2024turnover
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 2024net assets
1.2k
0%
total assets
324.2k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
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
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.
Click to start generating capital raising & share issue transactions for MAGID RESIDENTIAL LTD. This can take several minutes, an email will notify you when this has completed.
magid residential ltd Companies House Filings - See Documents
date | description | view/download |
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