mill lane homes ltd
mill lane homes ltd Company Information
Company Number
NI647162
Website
newhomesforbilbrook.co.ukRegistered Address
91 ardmillan road, killinchy, newtownards, down, BT23 6QN
Industry
Construction of domestic buildings
Telephone
448445563002
Next Accounts Due
413 days late
Group Structure
View All
Directors
Richard Agnew6 Years
Shareholders
richard agnew 100%
mill lane homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MILL LANE HOMES LTD at £198.9k based on a Turnover of £699.4k and 0.28x industry multiple (adjusted for size and gross margin).
mill lane homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MILL LANE HOMES LTD at £97k based on an EBITDA of £42.1k and a 2.3x industry multiple (adjusted for size and gross margin).
mill lane homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MILL LANE HOMES LTD at £39.2k based on Net Assets of £31.1k and 1.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mill Lane Homes Ltd Overview
Mill Lane Homes Ltd is a live company located in newtownards, BT23 6QN with a Companies House number of NI647162. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in July 2017, it's largest shareholder is richard agnew with a 100% stake. Mill Lane Homes Ltd is a young, small sized company, Pomanda has estimated its turnover at £699.4k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mill Lane Homes Ltd Health Check
Pomanda's financial health check has awarded Mill Lane Homes 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 £699.4k, make it larger than the average company (£551.4k)
- Mill Lane Homes Ltd
£551.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (2.6%)
- Mill Lane Homes Ltd
2.6% - Industry AVG
Production
with a gross margin of 10%, this company has a higher cost of product (19%)
- Mill Lane Homes Ltd
19% - Industry AVG
Profitability
an operating margin of 6% make it as profitable than the average company (6.3%)
- Mill Lane Homes Ltd
6.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Mill Lane Homes Ltd
4 - Industry AVG
Pay Structure
on an average salary of £38k, the company has an equivalent pay structure (£38k)
- Mill Lane Homes Ltd
£38k - Industry AVG
Efficiency
resulting in sales per employee of £699.4k, this is more efficient (£196.2k)
- Mill Lane Homes Ltd
£196.2k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (26 days)
- Mill Lane Homes Ltd
26 days - Industry AVG
Creditor Days
its suppliers are paid after 104 days, this is slower than average (31 days)
- Mill Lane Homes Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mill Lane Homes Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mill Lane Homes Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.3%, this is a higher level of debt than the average (73.9%)
85.3% - Mill Lane Homes Ltd
73.9% - Industry AVG
MILL LANE HOMES LTD financials
Mill Lane Homes Ltd's latest turnover from July 2021 is estimated at £699.4 thousand and the company has net assets of £31.1 thousand. According to their latest financial statements, Mill Lane Homes Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|
| 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 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|
| Tangible Assets | 28,649 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 28,649 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 183,070 | 621,217 | 307,134 | 369,861 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 183,070 | 621,217 | 307,134 | 369,861 |
| total assets | 211,719 | 621,217 | 307,134 | 369,861 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 180,638 | 624,258 | 309,943 | 370,704 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 180,638 | 624,258 | 309,943 | 370,704 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 180,638 | 624,258 | 309,943 | 370,704 |
| net assets | 31,081 | -3,041 | -2,809 | -843 |
| total shareholders funds | 31,081 | -3,041 | -2,809 | -843 |
| Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -438,147 | 314,083 | -62,727 | 369,861 |
| Creditors | -443,620 | 314,315 | -60,761 | 370,704 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
mill lane homes ltd Credit Report and Business Information
Mill Lane Homes Ltd Competitor Analysis
Perform a competitor analysis for mill lane homes ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mill lane homes ltd Ownership
MILL LANE HOMES LTD group structure
Mill Lane Homes Ltd has no subsidiary companies.
Ultimate parent company
MILL LANE HOMES LTD
NI647162
mill lane homes ltd directors
Mill Lane Homes Ltd currently has 1 director, Mr Richard Agnew serving since Jul 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Agnew | United Kingdom | 53 years | Jul 2017 | - | Director |
P&L
July 2021turnover
699.4k
-73%
operating profit
42.1k
0%
gross margin
10%
-7.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2021net assets
31.1k
-11.22%
total assets
211.7k
-0.66%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
mill lane homes ltd company details
company number
NI647162
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
July 2017
age
7
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
91 ardmillan road, killinchy, newtownards, down, BT23 6QN
last accounts submitted
July 2021
mill lane homes 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 found 4 charges/mortgages relating to mill lane homes ltd. Currently there are 4 open charges and 0 have been satisfied in the past.
mill lane homes ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
