mertep limited
mertep limited Company Information
Company Number
NI684123
Next Accounts
Sep 2025
Shareholders
desert limited
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
unit 5 connswater retail park, bloomfield avenue, belfast, BT5 5DL
Website
-mertep limited Estimated Valuation
Pomanda estimates the enterprise value of MERTEP LIMITED at £1.2k based on a Turnover of £507 and 2.31x industry multiple (adjusted for size and gross margin).
mertep limited Estimated Valuation
Pomanda estimates the enterprise value of MERTEP LIMITED at £0 based on an EBITDA of £0 and a 4.52x industry multiple (adjusted for size and gross margin).
mertep limited Estimated Valuation
Pomanda estimates the enterprise value of MERTEP LIMITED at £174 based on Net Assets of £100 and 1.75x industry multiple (adjusted for liquidity).
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Mertep Limited Overview
Mertep Limited is a live company located in belfast, BT5 5DL with a Companies House number of NI684123. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2021, it's largest shareholder is desert limited with a 100% stake. Mertep Limited is a startup, micro sized company, Pomanda has estimated its turnover at £507.1 with unknown growth in recent years.
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Mertep Limited Health Check
Pomanda's financial health check has awarded Mertep Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
5 Weak
Size
annual sales of £507.1, make it smaller than the average company (£1.1m)
- Mertep Limited
£1.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mertep Limited
- - Industry AVG
Production
with a gross margin of 26.8%, this company has a higher cost of product (70.8%)
- Mertep Limited
70.8% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Mertep Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Mertep Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- Mertep Limited
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £507.1, this is less efficient (£202.5k)
- Mertep Limited
£202.5k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (33 days)
- Mertep Limited
33 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mertep Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mertep Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mertep Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Mertep Limited
- - Industry AVG
MERTEP LIMITED financials
Mertep Limited's latest turnover from December 2023 is estimated at £507 and the company has net assets of £100. According to their latest financial statements, we estimate that Mertep Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 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
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | ||
| Stock & work in progress | ||
| Trade Debtors | 100 | 100 |
| Group Debtors | ||
| Misc Debtors | ||
| Cash | ||
| misc current assets | ||
| total current assets | 100 | 100 |
| total assets | 100 | 100 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | ||
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | ||
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | ||
| net assets | 100 | 100 |
| total shareholders funds | 100 | 100 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 100 | |
| Creditors | ||
| Accruals and Deferred Income | ||
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| 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 | ||
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | ||
| overdraft | ||
| change in cash |
mertep limited Credit Report and Business Information
Mertep Limited Competitor Analysis
Perform a competitor analysis for mertep limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BT5 area or any other competitors across 12 key performance metrics.
mertep limited Ownership
MERTEP LIMITED group structure
Mertep Limited has no subsidiary companies.
Ultimate parent company
DESERT LTD
#0106537
1 parent
MERTEP LIMITED
NI684123
mertep limited directors
Mertep Limited currently has 2 directors. The longest serving directors include Mr Colum Butler (Nov 2021) and Mr Ciaran Butler (Nov 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colum Butler | United Kingdom | 63 years | Nov 2021 | - | Director |
| Mr Ciaran Butler | United Kingdom | 57 years | Nov 2021 | - | Director |
P&L
December 2023turnover
507.1
+7%
operating profit
0
0%
gross margin
26.9%
+8.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
100
0%
total assets
100
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
mertep limited company details
company number
NI684123
Type
Private limited with Share Capital
industry
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
November 2021
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
unit 5 connswater retail park, bloomfield avenue, belfast, BT5 5DL
Bank
-
Legal Advisor
-
mertep 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 did not find charges/mortgages relating to mertep limited.
mertep 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 MERTEP LIMITED. This can take several minutes, an email will notify you when this has completed.
mertep limited Companies House Filings - See Documents
| date | description | view/download |
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