mkb propco ltd
mkb propco ltd Company Information
Company Number
NI679205
Next Accounts
10 days late
Shareholders
anne marie kelly
gordon mcelroy
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
+2Registered Address
14-18 great victoria street, belfast, BT2 7BA
Website
-mkb propco ltd Estimated Valuation
Pomanda estimates the enterprise value of MKB PROPCO LTD at £154.7k based on a Turnover of £51.7k and 2.99x industry multiple (adjusted for size and gross margin).
mkb propco ltd Estimated Valuation
Pomanda estimates the enterprise value of MKB PROPCO LTD at £6.7m based on an EBITDA of £1m and a 6.61x industry multiple (adjusted for size and gross margin).
mkb propco ltd Estimated Valuation
Pomanda estimates the enterprise value of MKB PROPCO LTD at £1.3m based on Net Assets of £762.2k and 1.71x industry multiple (adjusted for liquidity).
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Mkb Propco Ltd Overview
Mkb Propco Ltd is a live company located in belfast, BT2 7BA with a Companies House number of NI679205. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2021, it's largest shareholder is anne marie kelly with a 50% stake. Mkb Propco Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £51.7k with unknown growth in recent years.
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Mkb Propco Ltd Health Check
Pomanda's financial health check has awarded Mkb Propco Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £51.7k, make it smaller than the average company (£664k)
- Mkb Propco Ltd
£664k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mkb Propco Ltd
- - Industry AVG
Production
with a gross margin of 73.5%, this company has a comparable cost of product (73.5%)
- Mkb Propco Ltd
73.5% - Industry AVG
Profitability
an operating margin of 1963.6% make it more profitable than the average company (21.2%)
- Mkb Propco Ltd
21.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Mkb Propco Ltd
4 - Industry AVG
Pay Structure
on an average salary of £35.7k, the company has an equivalent pay structure (£35.7k)
- Mkb Propco Ltd
£35.7k - Industry AVG
Efficiency
resulting in sales per employee of £51.7k, this is less efficient (£151.5k)
- Mkb Propco Ltd
£151.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (36 days)
- Mkb Propco Ltd
36 days - Industry AVG
Creditor Days
its suppliers are paid after 1439 days, this is slower than average (34 days)
- Mkb Propco Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mkb Propco Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (24 weeks)
34 weeks - Mkb Propco Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.4%, this is a lower level of debt than the average (62%)
26.4% - Mkb Propco Ltd
62% - Industry AVG
MKB PROPCO LTD financials
Mkb Propco Ltd's latest turnover from June 2023 is estimated at £51.7 thousand and the company has net assets of £762.2 thousand. According to their latest financial statements, we estimate that Mkb Propco Ltd has 1 employee and maintains cash reserves of £35.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | |
|---|---|---|
| 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
| Jun 2023 | Jun 2022 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | 1,000,000 | |
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 1,000,000 | |
| Stock & work in progress | ||
| Trade Debtors | 8 | |
| Group Debtors | ||
| Misc Debtors | ||
| Cash | 35,640 | 1 |
| misc current assets | ||
| total current assets | 35,648 | 1 |
| total assets | 1,035,648 | 1 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 54,117 | |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 54,117 | |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | 219,373 | |
| provisions | ||
| total long term liabilities | 219,373 | |
| total liabilities | 273,490 | |
| net assets | 762,158 | 1 |
| total shareholders funds | 762,158 | 1 |
| Jun 2023 | Jun 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 8 | |
| Creditors | 54,117 | |
| Accruals and Deferred Income | ||
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 1,000,000 | |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | ||
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | 219,373 | |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 35,639 | 1 |
| overdraft | ||
| change in cash | 35,639 | 1 |
mkb propco ltd Credit Report and Business Information
Mkb Propco Ltd Competitor Analysis
Perform a competitor analysis for mkb propco ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BT2 area or any other competitors across 12 key performance metrics.
mkb propco ltd Ownership
MKB PROPCO LTD group structure
Mkb Propco Ltd has no subsidiary companies.
Ultimate parent company
MKB PROPCO LTD
NI679205
mkb propco ltd directors
Mkb Propco Ltd currently has 2 directors. The longest serving directors include Mr Gordon McElroy (May 2021) and Mrs Anne Kelly (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gordon McElroy | Northern Ireland | 62 years | May 2021 | - | Director |
| Mrs Anne Kelly | Northern Ireland | 62 years | Jul 2022 | - | Director |
P&L
June 2023turnover
51.7k
0%
operating profit
1m
0%
gross margin
73.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
762.2k
+762157%
total assets
1m
+1035647%
cash
35.6k
+35639%
net assets
Total assets minus all liabilities
Similar Companies
mkb propco ltd company details
company number
NI679205
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
68320 - Management of real estate on a fee or contract basis
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
May 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
ASM
auditor
-
address
14-18 great victoria street, belfast, BT2 7BA
Bank
-
Legal Advisor
-
mkb propco 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 3 charges/mortgages relating to mkb propco ltd. Currently there are 2 open charges and 1 have been satisfied in the past.
mkb propco 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 MKB PROPCO LTD. This can take several minutes, an email will notify you when this has completed.
mkb propco ltd Companies House Filings - See Documents
| date | description | view/download |
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