marm developments limited
marm developments limited Company Information
Company Number
NI066223
Next Accounts
Dec 2025
Shareholders
marm holdings ltd
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
rosemount house, 21-23 sydenham road, belfast, BT3 9HA
Website
www.marm.co.ukmarm developments limited Estimated Valuation
Pomanda estimates the enterprise value of MARM DEVELOPMENTS LIMITED at £593.8k based on a Turnover of £199.9k and 2.97x industry multiple (adjusted for size and gross margin).
marm developments limited Estimated Valuation
Pomanda estimates the enterprise value of MARM DEVELOPMENTS LIMITED at £173.3k based on an EBITDA of £27.2k and a 6.37x industry multiple (adjusted for size and gross margin).
marm developments limited Estimated Valuation
Pomanda estimates the enterprise value of MARM DEVELOPMENTS LIMITED at £3m based on Net Assets of £1.9m and 1.58x industry multiple (adjusted for liquidity).
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Marm Developments Limited Overview
Marm Developments Limited is a live company located in belfast, BT3 9HA with a Companies House number of NI066223. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in September 2007, it's largest shareholder is marm holdings ltd with a 100% stake. Marm Developments Limited is a established, micro sized company, Pomanda has estimated its turnover at £199.9k with rapid growth in recent years.
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Marm Developments Limited Health Check
Pomanda's financial health check has awarded Marm Developments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £199.9k, make it smaller than the average company (£813.6k)
- Marm Developments Limited
£813.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (3.1%)
- Marm Developments Limited
3.1% - Industry AVG
Production
with a gross margin of 67.5%, this company has a comparable cost of product (67.5%)
- Marm Developments Limited
67.5% - Industry AVG
Profitability
an operating margin of 13.6% make it less profitable than the average company (26.4%)
- Marm Developments Limited
26.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Marm Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
- Marm Developments Limited
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £99.9k, this is less efficient (£195k)
- Marm Developments Limited
£195k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (26 days)
- Marm Developments Limited
26 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Marm Developments Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 10007 days, this is more than average (436 days)
- Marm Developments Limited
436 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Marm Developments Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.3%, this is a lower level of debt than the average (63.4%)
0.3% - Marm Developments Limited
63.4% - Industry AVG
MARM DEVELOPMENTS LIMITED financials
Marm Developments Limited's latest turnover from March 2024 is estimated at £199.9 thousand and the company has net assets of £1.9 million. According to their latest financial statements, we estimate that Marm Developments Limited has 2 employees and maintains cash reserves of £29 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 134,875 | 64,093 | ||||||||||||
| Gross Profit | -134,875 | -64,093 | ||||||||||||
| Admin Expenses | 19,323 | -67,084 | ||||||||||||
| Operating Profit | -154,198 | 2,991 | ||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | -154,198 | 2,991 | ||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | -154,198 | 2,991 | ||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | -154,198 | 2,991 | ||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | -154,198 | 2,991 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | ||||||||||||||
| Stock & work in progress | 1,782,045 | 1,782,000 | 1,750,000 | 1,750,000 | 2,000,000 | 2,000,000 | 2,497,788 | 3,397,788 | 3,127,788 | 3,100,000 | 3,000,000 | 3,000,000 | 11,075,000 | 11,095,000 |
| Trade Debtors | 7,020 | 480 | 480 | 480 | 480 | 780 | 4,776 | 20,885 | 4,530 | 8,158 | 202 | 17,108 | ||
| Group Debtors | 135,649 | 117,585 | 1,275 | 10,000 | ||||||||||
| Misc Debtors | 4,855 | 10,380 | 26,178 | 21,698 | 69,214 | 34,169 | 15,590 | 11,835 | ||||||
| Cash | 29 | 74 | 119,033 | 104,246 | 158,128 | 70,770 | 33,174 | 61,199 | 3,998 | 4,322 | 12,823 | 47,883 | 20,198 | 37,199 |
| misc current assets | ||||||||||||||
| total current assets | 1,924,743 | 1,899,659 | 1,875,643 | 1,875,106 | 2,184,786 | 2,092,948 | 2,600,176 | 3,493,936 | 3,136,562 | 3,125,207 | 3,017,353 | 3,056,041 | 11,110,990 | 11,161,142 |
| total assets | 1,924,743 | 1,899,659 | 1,875,643 | 1,875,106 | 2,184,786 | 2,092,948 | 2,600,176 | 3,493,936 | 3,136,562 | 3,125,207 | 3,017,353 | 3,056,041 | 11,110,990 | 11,161,142 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 3,546 | 3,490 | 5,781 | 3,978 | 12,000 | 3,109,734 | 3,092,036 | 2,999,599 | 2,945,193 | 10,538 | 9,644 | |||
| Group/Directors Accounts | 5,070 | 50,283 | 66,824 | 2,420,571 | 3,276,995 | 11,200,592 | 11,121,163 | |||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 1,170 | 1,560 | 10,515 | 4,374 | 19,927 | 16,321 | 12,993 | 45,420 | 50,793 | 27,070 | ||||
| total current liabilities | 6,240 | 1,560 | 14,061 | 58,147 | 92,532 | 16,321 | 2,437,542 | 3,334,415 | 3,109,734 | 3,092,036 | 2,999,599 | 2,945,193 | 11,261,923 | 11,157,877 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 117,723 | |||||||||||||
| total long term liabilities | 117,723 | |||||||||||||
| total liabilities | 6,240 | 1,560 | 14,061 | 58,147 | 92,532 | 16,321 | 2,437,542 | 3,452,138 | 3,109,734 | 3,092,036 | 2,999,599 | 2,945,193 | 11,261,923 | 11,157,877 |
| net assets | 1,918,503 | 1,898,099 | 1,861,582 | 1,816,959 | 2,092,254 | 2,076,627 | 162,634 | 41,798 | 26,828 | 33,171 | 17,754 | 110,848 | -150,933 | 3,265 |
| total shareholders funds | 1,918,503 | 1,898,099 | 1,861,582 | 1,816,959 | 2,092,254 | 2,076,627 | 162,634 | 41,798 | 26,828 | 33,171 | 17,754 | 110,848 | -150,933 | 3,265 |
| Mar 2024 | Mar 2023 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -154,198 | 2,991 | ||||||||||||
| Depreciation | ||||||||||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | 45 | 1,782,000 | -250,000 | -497,788 | -900,000 | 270,000 | 27,788 | 100,000 | -8,075,000 | -20,000 | 11,095,000 | |||
| Debtors | 25,084 | 117,585 | -14,250 | -5,798 | 4,480 | -47,036 | 34,265 | 30,173 | -16,109 | 16,355 | -3,628 | -7,634 | -13,151 | 28,943 |
| Creditors | 56 | -2,291 | 5,781 | -3,978 | -8,022 | -3,097,734 | 17,698 | 92,437 | 54,406 | 2,934,655 | 894 | 9,644 | ||
| Accruals and Deferred Income | -390 | 1,560 | 6,141 | -15,553 | 3,606 | 3,328 | -32,427 | 45,420 | -50,793 | 23,723 | 27,070 | |||
| Deferred Taxes & Provisions | -117,723 | 117,723 | ||||||||||||
| Cash flow from operations | -96,430 | -11,084,238 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 5,070 | -50,283 | -16,541 | 66,824 | -2,420,571 | -856,424 | 3,276,995 | -11,200,592 | 79,429 | 11,121,163 | ||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | 79,429 | 11,121,437 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -45 | 74 | 14,787 | -53,882 | 87,358 | 37,596 | -28,025 | 57,201 | -324 | -8,501 | -35,060 | 27,685 | -17,001 | 37,199 |
| overdraft | ||||||||||||||
| change in cash | -45 | 74 | 14,787 | -53,882 | 87,358 | 37,596 | -28,025 | 57,201 | -324 | -8,501 | -35,060 | 27,685 | -17,001 | 37,199 |
marm developments limited Credit Report and Business Information
Marm Developments Limited Competitor Analysis
Perform a competitor analysis for marm developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BT3 area or any other competitors across 12 key performance metrics.
marm developments limited Ownership
MARM DEVELOPMENTS LIMITED group structure
Marm Developments Limited has no subsidiary companies.
marm developments limited directors
Marm Developments Limited currently has 2 directors. The longest serving directors include Mr Sean Lavery (Sep 2022) and Mr Stephen Davey (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sean Lavery | 54 years | Sep 2022 | - | Director | |
| Mr Stephen Davey | Northern Ireland | 48 years | Sep 2022 | - | Director |
P&L
March 2024turnover
199.9k
-60%
operating profit
27.2k
0%
gross margin
67.5%
+1.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.9m
+0.01%
total assets
1.9m
+0.01%
cash
29
-0.61%
net assets
Total assets minus all liabilities
marm developments limited company details
company number
NI066223
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
September 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
moyne shelf company (no. 254) limited (September 2007)
accountant
JMW CHARTERED ACCOUNTANTS
auditor
-
address
rosemount house, 21-23 sydenham road, belfast, BT3 9HA
Bank
ULSTER BANK LTD
Legal Advisor
-
marm developments limited 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 marm developments limited. Currently there are 0 open charges and 1 have been satisfied in the past.
marm developments limited 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 MARM DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
marm developments limited Companies House Filings - See Documents
| date | description | view/download |
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