milltown sales ltd
milltown sales ltd Company Information
Company Number
NI622965
Website
-Registered Address
289a melmount road, victoria bridge, strabane, county tyrone, BT82 9JG
Industry
Sale of used cars and light motor vehicles
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
brendan kelly 100%
milltown sales ltd Estimated Valuation
Pomanda estimates the enterprise value of MILLTOWN SALES LTD at £333.9k based on a Turnover of £1.8m and 0.18x industry multiple (adjusted for size and gross margin).
milltown sales ltd Estimated Valuation
Pomanda estimates the enterprise value of MILLTOWN SALES LTD at £8.1k based on an EBITDA of £2.9k and a 2.82x industry multiple (adjusted for size and gross margin).
milltown sales ltd Estimated Valuation
Pomanda estimates the enterprise value of MILLTOWN SALES LTD at £208.5k based on Net Assets of £78k and 2.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Milltown Sales Ltd Overview
Milltown Sales Ltd is a live company located in strabane, BT82 9JG with a Companies House number of NI622965. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in February 2014, it's largest shareholder is brendan kelly with a 100% stake. Milltown Sales Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.8m with rapid growth in recent years.
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Milltown Sales Ltd Health Check
Pomanda's financial health check has awarded Milltown Sales Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£2.5m)
- Milltown Sales Ltd
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (7.8%)
- Milltown Sales Ltd
7.8% - Industry AVG
Production
with a gross margin of 6.8%, this company has a higher cost of product (11.4%)
- Milltown Sales Ltd
11.4% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (2.9%)
- Milltown Sales Ltd
2.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
- Milltown Sales Ltd
6 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)
- Milltown Sales Ltd
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £917.4k, this is more efficient (£443.3k)
- Milltown Sales Ltd
£443.3k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (10 days)
- Milltown Sales Ltd
10 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is slower than average (16 days)
- Milltown Sales Ltd
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Milltown Sales Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Milltown Sales Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72%, this is a similar level of debt than the average (69%)
72% - Milltown Sales Ltd
69% - Industry AVG
MILLTOWN SALES LTD financials
Milltown Sales Ltd's latest turnover from February 2023 is estimated at £1.8 million and the company has net assets of £78 thousand. According to their latest financial statements, we estimate that Milltown Sales Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 49,945 | 61,168 | 0 | 19,611 |
| Trade Debtors | 278,652 | 254,141 | 174,301 | 80,555 | 104,862 | 19,010 | 45,718 | 39,073 | 11,576 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 3,140 | 2,867 | 0 | 7,886 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 278,652 | 254,141 | 174,301 | 80,555 | 104,862 | 72,095 | 109,753 | 39,073 | 39,073 |
| total assets | 278,652 | 254,141 | 174,301 | 80,555 | 104,862 | 72,095 | 109,753 | 39,073 | 39,073 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 167,649 | 135,819 | 74,444 | 105,182 | 117,628 | 68,400 | 94,695 | 35,815 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 167,649 | 135,819 | 74,444 | 105,182 | 117,628 | 68,400 | 94,695 | 35,815 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 33,007 | 42,646 | 50,000 | 0 | 0 | 0 | 0 | 0 | 35,815 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 33,007 | 42,646 | 50,000 | 0 | 0 | 0 | 0 | 0 | 35,815 |
| total liabilities | 200,656 | 178,465 | 124,444 | 105,182 | 117,628 | 68,400 | 94,695 | 35,815 | 35,815 |
| net assets | 77,996 | 75,676 | 49,857 | -24,627 | -12,766 | 3,695 | 15,058 | 3,258 | 3,258 |
| total shareholders funds | 77,996 | 75,676 | 49,857 | -24,627 | -12,766 | 3,695 | 15,058 | 3,258 | 3,258 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | -49,945 | -11,223 | 61,168 | -19,611 | 19,611 |
| Debtors | 24,511 | 79,840 | 93,746 | -24,307 | 85,852 | -26,708 | 6,645 | 27,497 | 11,576 |
| Creditors | 31,830 | 61,375 | -30,738 | -12,446 | 49,228 | -26,295 | 58,880 | 35,815 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -9,639 | -7,354 | 50,000 | 0 | 0 | 0 | 0 | -35,815 | 35,815 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | -3,140 | 273 | 2,867 | -7,886 | 7,886 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -3,140 | 273 | 2,867 | -7,886 | 7,886 |
milltown sales ltd Credit Report and Business Information
Milltown Sales Ltd Competitor Analysis
Perform a competitor analysis for milltown sales ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
milltown sales ltd Ownership
MILLTOWN SALES LTD group structure
Milltown Sales Ltd has no subsidiary companies.
Ultimate parent company
MILLTOWN SALES LTD
NI622965
milltown sales ltd directors
Milltown Sales Ltd currently has 2 directors. The longest serving directors include Mr Brendan Kelly (Feb 2014) and Mr Ciaran Kelly (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brendan Kelly | Northern Ireland | 52 years | Feb 2014 | - | Director |
| Mr Ciaran Kelly | Northern Ireland | 25 years | Mar 2019 | - | Director |
P&L
February 2023turnover
1.8m
+14%
operating profit
2.9k
0%
gross margin
6.9%
-5.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
78k
+0.03%
total assets
278.7k
+0.1%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
milltown sales ltd company details
company number
NI622965
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
February 2014
age
10
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
289a melmount road, victoria bridge, strabane, county tyrone, BT82 9JG
last accounts submitted
February 2023
milltown sales 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 milltown sales ltd.
milltown sales ltd Companies House Filings - See Documents
| date | description | view/download |
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