mfe property ltd
mfe property ltd Company Information
Company Number
NI637671
Website
-Registered Address
50 drumduff road beragh, sixmilecross, omagh, co. tyrone, BT79 0SD
Industry
Development of building projects
Telephone
02880757205
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
raymond keith mcfarland 50%
alison mcfarland 50%
mfe property ltd Estimated Valuation
Pomanda estimates the enterprise value of MFE PROPERTY LTD at £3.4m based on a Turnover of £7.8m and 0.44x industry multiple (adjusted for size and gross margin).
mfe property ltd Estimated Valuation
Pomanda estimates the enterprise value of MFE PROPERTY LTD at £548.1k based on an EBITDA of £165.8k and a 3.31x industry multiple (adjusted for size and gross margin).
mfe property ltd Estimated Valuation
Pomanda estimates the enterprise value of MFE PROPERTY LTD at £168k based on Net Assets of £108.5k and 1.55x industry multiple (adjusted for liquidity).
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Mfe Property Ltd Overview
Mfe Property Ltd is a live company located in omagh, BT79 0SD with a Companies House number of NI637671. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2016, it's largest shareholder is raymond keith mcfarland with a 50% stake. Mfe Property Ltd is a young, mid sized company, Pomanda has estimated its turnover at £7.8m with declining growth in recent years.
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Mfe Property Ltd Health Check
Pomanda's financial health check has awarded Mfe Property Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £7.8m, make it larger than the average company (£2.2m)
- Mfe Property Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (2.6%)
- Mfe Property Ltd
2.6% - Industry AVG
Production
with a gross margin of 9.7%, this company has a higher cost of product (26.2%)
- Mfe Property Ltd
26.2% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (7.6%)
- Mfe Property Ltd
7.6% - Industry AVG
Employees
with 11 employees, this is above the industry average (6)
- Mfe Property Ltd
6 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- Mfe Property Ltd
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £712.6k, this is more efficient (£280.2k)
- Mfe Property Ltd
£280.2k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is near the average (29 days)
- Mfe Property Ltd
29 days - Industry AVG
Creditor Days
its suppliers are paid after 161 days, this is slower than average (31 days)
- Mfe Property Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mfe Property Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mfe Property Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.7%, this is a higher level of debt than the average (73.7%)
96.7% - Mfe Property Ltd
73.7% - Industry AVG
MFE PROPERTY LTD financials
Mfe Property Ltd's latest turnover from April 2023 is estimated at £7.8 million and the company has net assets of £108.5 thousand. According to their latest financial statements, we estimate that Mfe Property Ltd has 11 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| 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
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,621,717 | 2,747,127 | 2,332,385 | 1,872,564 | 1,276,553 | 645,714 | 418,370 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,621,717 | 2,747,127 | 2,332,385 | 1,872,564 | 1,276,553 | 645,714 | 418,370 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 639,404 | 334,523 | 594,279 | 0 | 0 | 585 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 229,825 | 308,161 | 952,611 | 740 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 639,404 | 334,523 | 594,279 | 229,825 | 308,161 | 953,196 | 740 |
| total assets | 3,261,121 | 3,081,650 | 2,926,664 | 2,102,389 | 1,584,714 | 1,598,910 | 419,110 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,134,212 | 3,095,088 | 3,060,837 | 2,251,351 | 1,601,264 | 1,621,124 | 420,650 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,134,212 | 3,095,088 | 3,060,837 | 2,251,351 | 1,601,264 | 1,621,124 | 420,650 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 2,370 | 2,370 | 2,010 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 16,000 | 0 | 13,000 | 13,000 | 0 | 0 | 0 |
| total long term liabilities | 18,370 | 2,370 | 15,010 | 13,000 | 0 | 0 | 0 |
| total liabilities | 3,152,582 | 3,097,458 | 3,075,847 | 2,264,351 | 1,601,264 | 1,621,124 | 420,650 |
| net assets | 108,539 | -15,808 | -149,183 | -161,962 | -16,550 | -22,214 | -1,540 |
| total shareholders funds | 108,539 | -15,808 | -149,183 | -161,962 | -16,550 | -22,214 | -1,540 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 24,252 | 26,706 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 304,881 | -259,756 | 594,279 | 0 | -585 | 585 | 0 |
| Creditors | 39,124 | 34,251 | 809,486 | 650,087 | -19,860 | 1,200,474 | 420,650 |
| Accruals and Deferred Income | 0 | 360 | 2,010 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 16,000 | -13,000 | 0 | 13,000 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | -229,825 | -78,336 | -644,450 | 951,871 | 740 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -229,825 | -78,336 | -644,450 | 951,871 | 740 |
mfe property ltd Credit Report and Business Information
Mfe Property Ltd Competitor Analysis
Perform a competitor analysis for mfe property ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in BT79 area or any other competitors across 12 key performance metrics.
mfe property ltd Ownership
MFE PROPERTY LTD group structure
Mfe Property Ltd has no subsidiary companies.
Ultimate parent company
MFE PROPERTY LTD
NI637671
mfe property ltd directors
Mfe Property Ltd currently has 2 directors. The longest serving directors include Mr Raymond McFarland (Apr 2016) and Mrs Alison McFarland (Apr 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Raymond McFarland | United Kingdom | 53 years | Apr 2016 | - | Director |
| Mrs Alison McFarland | United Kingdom | 51 years | Apr 2016 | - | Director |
P&L
April 2023turnover
7.8m
+13%
operating profit
165.8k
0%
gross margin
9.7%
+1.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
108.5k
-7.87%
total assets
3.3m
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
mfe property ltd company details
company number
NI637671
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
April 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
50 drumduff road beragh, sixmilecross, omagh, co. tyrone, BT79 0SD
Bank
SANTANDER
Legal Advisor
-
mfe property 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 mfe property ltd.
mfe property ltd Companies House Filings - See Documents
| date | description | view/download |
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