Pomanda estimates the enterprise value of MILLER HOMES LIMITED at £798.9m based on a Turnover of £1b and 0.79x industry multiple (adjusted for size and gross margin).
miller homes limitedEstimated Valuation
£1.2b
Pomanda estimates the enterprise value of MILLER HOMES LIMITED at £1.2b based on an EBITDA of £147.4m and a 7.89x industry multiple (adjusted for size and gross margin).
miller homes limitedEstimated Valuation
£1.4b
Pomanda estimates the enterprise value of MILLER HOMES LIMITED at £1.4b based on Net Assets of £955.4m and 1.5x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Miller Homes LimitedOverview
Miller Homes Limited is a live company located in edinburgh park, EH12 9DH with a Companies House number of SC255429. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in September 2003, it's largest shareholder is
hsbc bank plc
with a 100% stake. Miller Homes Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£1b with
high
growth in recent years.
Pomanda's financial health check has awarded Miller Homes Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
2 Regular
2 Weak
Size
annual sales of £1b, make it larger than the average company (£12.1m)
£1b - Miller Homes Limited
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (7.5%)
15% - Miller Homes Limited
7.5% - Industry AVG
Production
with a gross margin of 20.7%, this company has a lower cost of product (15.9%)
20.7% - Miller Homes Limited
15.9% - Industry AVG
Profitability
an operating margin of 14.3% make it more profitable than the average company (4.5%)
14.3% - Miller Homes Limited
4.5% - Industry AVG
Employees
with 1148 employees, this is above the industry average (33)
1148 - Miller Homes Limited
33 - Industry AVG
Pay Structure
on an average salary of £73.6k, the company has a higher pay structure (£55.2k)
£73.6k - Miller Homes Limited
£55.2k - Industry AVG
Efficiency
resulting in sales per employee of £876.6k, this is more efficient (£360.9k)
£876.6k - Miller Homes Limited
£360.9k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (46 days)
6 days - Miller Homes Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is close to average (39 days)
42 days - Miller Homes Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 409 days, this is more than average (19 days)
409 days - Miller Homes Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 21 weeks, this is average cash available to meet short term requirements (21 weeks)
21 weeks - Miller Homes Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25%, this is a lower level of debt than the average (67.9%)
25% - Miller Homes Limited
67.9% - Industry AVG
MILLER HOMES LIMITED financials
EXPORT
Miller Homes Limited's latest turnover from December 2023 is £1 billion and the company has net assets of £955.4 million. According to their latest financial statements, Miller Homes Limited has 1,148 employees and maintains cash reserves of £96 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
1,006,300,000
1,150,100,000
1,035,000,000
655,600,000
816,000,000
732,400,000
659,700,000
534,500,000
470,100,000
339,300,000
297,400,000
215,264,000
220,901,000
261,268,000
282,056,000
Other Income Or Grants
Cost Of Sales
798,400,000
893,500,000
780,900,000
504,800,000
609,700,000
543,900,000
492,700,000
398,900,000
362,600,000
269,800,000
248,000,000
178,164,000
223,931,000
316,700,000
277,858,000
Gross Profit
207,900,000
256,600,000
254,100,000
150,800,000
206,300,000
188,500,000
167,000,000
135,600,000
107,500,000
69,500,000
49,400,000
37,100,000
-3,030,000
-55,432,000
4,198,000
Admin Expenses
63,800,000
62,700,000
59,900,000
43,800,000
45,500,000
46,600,000
37,900,000
36,900,000
29,600,000
27,500,000
29,400,000
31,506,000
31,921,000
28,206,000
30,122,000
Operating Profit
144,100,000
193,900,000
194,200,000
107,000,000
160,800,000
141,900,000
129,100,000
98,700,000
77,900,000
42,000,000
20,000,000
5,594,000
-34,951,000
-83,638,000
-25,924,000
Interest Payable
6,500,000
7,200,000
6,000,000
12,400,000
13,800,000
21,300,000
13,300,000
15,800,000
18,200,000
9,000,000
3,162,000,000
2,875,000
14,751,000
15,124,000
17,802,000
Interest Receivable
12,100,000
2,600,000
6,300,000
3,800,000
7,500,000
9,000,000
9,100,000
9,700,000
10,100,000
3,200,000
7,200,000
7,531,000
13,000
87,000
137,000
Pre-Tax Profit
149,700,000
189,300,000
194,500,000
98,400,000
154,500,000
129,600,000
124,900,000
92,600,000
69,800,000
36,200,000
16,800,000
938,000
-49,689,000
-98,675,000
-43,589,000
Tax
-10,200,000
-37,900,000
-30,300,000
-11,700,000
-22,900,000
-18,600,000
-21,700,000
-16,800,000
-12,500,000
9,600,000
2,100,000
17,000,000
8,301,000
33,938,000
Profit After Tax
139,500,000
151,400,000
164,200,000
86,700,000
131,600,000
111,000,000
103,200,000
75,800,000
57,300,000
45,800,000
18,900,000
938,000
-32,689,000
-90,374,000
-9,651,000
Dividends Paid
Retained Profit
139,500,000
151,400,000
164,200,000
86,700,000
131,600,000
111,000,000
103,200,000
75,800,000
57,300,000
45,800,000
18,900,000
938,000
-32,689,000
-90,374,000
-9,651,000
Employee Costs
84,500,000
85,500,000
81,000,000
63,100,000
64,500,000
61,200,000
51,200,000
45,900,000
42,400,000
36,100,000
32,600,000
29,780,000
28,739,000
31,431,000
28,042,000
Number Of Employees
1,148
1,142
1,053
1,007
1,009
910
830
740
684
638
592
625
630
645
675
EBITDA*
147,400,000
196,900,000
196,600,000
109,700,000
163,800,000
142,300,000
129,300,000
98,800,000
78,000,000
42,100,000
20,100,000
5,763,000
-34,819,000
-83,400,000
-25,542,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
242,800,000
108,100,000
56,200,000
103,600,000
147,900,000
39,700,000
56,000,000
78,600,000
97,600,000
117,400,000
103,300,000
100,567,000
305,000
236,000
456,000
Intangible Assets
6,900,000
7,300,000
Investments & Other
18,200,000
18,200,000
7,000,000
17,100,000
13,700,000
21,300,000
28,000,000
34,200,000
41,500,000
43,100,000
42,454,000
Debtors (Due After 1 year)
240,000,000
87,400,000
27,100,000
80,800,000
115,100,000
114,893,000
88,954,000
68,325,000
Total Fixed Assets
249,700,000
115,400,000
52,900,000
95,900,000
133,600,000
39,700,000
56,000,000
78,600,000
97,600,000
117,400,000
103,300,000
100,567,000
115,198,000
89,190,000
68,781,000
Stock & work in progress
894,800,000
864,900,000
885,700,000
803,700,000
825,600,000
724,200,000
605,700,000
524,500,000
415,900,000
382,700,000
321,200,000
286,359,000
272,892,000
357,822,000
504,617,000
Trade Debtors
19,000,000
29,000,000
21,600,000
8,700,000
7,400,000
8,900,000
18,900,000
14,600,000
9,800,000
8,600,000
11,000,000
12,263,000
14,274,000
4,866,000
3,692,000
Group Debtors
238,500,000
238,200,000
242,700,000
246,600,000
208,800,000
18,600,000
15,276,000
17,046,000
22,113,000
21,423,000
Misc Debtors
13,600,000
8,000,000
11,200,000
11,800,000
11,800,000
10,400,000
6,700,000
13,400,000
7,900,000
8,300,000
6,200,000
5,314,000
4,331,000
3,229,000
2,672,000
Cash
96,000,000
186,000,000
109,100,000
177,400,000
139,600,000
97,900,000
80,200,000
40,500,000
7,300,000
29,000,000
32,300,000
10,996,000
169,000
147,000
5,000
misc current assets
total current assets
1,023,400,000
1,087,900,000
1,027,600,000
1,001,600,000
984,400,000
1,079,900,000
949,700,000
835,700,000
687,500,000
637,400,000
389,300,000
330,208,000
308,712,000
388,177,000
532,409,000
total assets
1,273,100,000
1,203,300,000
1,080,500,000
1,097,500,000
1,118,000,000
1,119,600,000
1,005,700,000
914,300,000
785,100,000
754,800,000
492,600,000
430,775,000
423,910,000
477,367,000
601,190,000
Bank overdraft
21,706,000
19,756,000
40,926,000
Bank loan
5,000,000
22,500,000
Trade Creditors
93,200,000
113,600,000
110,600,000
90,800,000
85,000,000
89,600,000
73,000,000
63,000,000
48,200,000
48,300,000
35,700,000
32,380,000
31,376,000
29,496,000
26,424,000
Group/Directors Accounts
115,200,000
395,272,000
398,097,000
417,000,000
other short term finances
hp & lease commitments
2,300,000
2,300,000
1,800,000
1,700,000
2,100,000
other current liabilities
133,800,000
219,900,000
223,200,000
141,700,000
179,600,000
168,900,000
123,700,000
99,600,000
94,200,000
80,100,000
196,800,000
168,309,000
24,901,000
27,229,000
26,880,000
total current liabilities
229,300,000
335,800,000
335,600,000
234,200,000
266,700,000
258,500,000
311,900,000
167,600,000
142,400,000
150,900,000
232,500,000
200,689,000
473,255,000
474,578,000
511,230,000
loans
10,000,000
10,800,000
9,400,000
10,000,000
82,300,000
63,300,000
328,200,000
289,500,000
318,900,000
18,600,000
6,540,000
89,360,000
102,446,000
102,446,000
hp & lease commitments
5,000,000
5,400,000
4,700,000
5,000,000
6,400,000
Accruals and Deferred Income
100,000
1,062,000
4,751,000
other liabilities
39,000,000
17,200,000
59,000,000
44,500,000
44,600,000
45,200,000
42,200,000
4,389,000
6,177,000
6,471,000
provisions
88,800,000
66,200,000
25,600,000
33,000,000
38,200,000
32,000,000
49,800,000
100,000,000
68,200,000
64,200,000
total long term liabilities
88,400,000
55,700,000
76,500,000
66,000,000
139,600,000
124,500,000
67,100,000
230,800,000
185,100,000
202,700,000
18,700,000
7,602,000
98,500,000
108,623,000
108,917,000
total liabilities
317,700,000
391,500,000
412,100,000
300,200,000
406,300,000
383,000,000
379,000,000
398,400,000
327,500,000
353,600,000
251,200,000
208,291,000
571,755,000
583,201,000
620,147,000
net assets
955,400,000
811,800,000
668,400,000
797,300,000
711,700,000
736,600,000
626,700,000
515,900,000
457,600,000
401,200,000
241,400,000
222,484,000
-147,845,000
-105,834,000
-18,957,000
total shareholders funds
955,400,000
811,800,000
668,400,000
797,300,000
711,700,000
736,600,000
626,700,000
515,900,000
457,600,000
401,200,000
241,400,000
222,484,000
-147,845,000
-105,834,000
-18,957,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
144,100,000
193,900,000
194,200,000
107,000,000
160,800,000
141,900,000
129,100,000
98,700,000
77,900,000
42,000,000
20,000,000
5,594,000
-34,951,000
-83,638,000
-25,924,000
Depreciation
1,000,000
600,000
2,400,000
2,700,000
3,000,000
400,000
200,000
100,000
100,000
100,000
100,000
169,000
132,000
238,000
382,000
Amortisation
2,300,000
2,400,000
Tax
-10,200,000
-37,900,000
-30,300,000
-11,700,000
-22,900,000
-18,600,000
-21,700,000
-16,800,000
-12,500,000
9,600,000
2,100,000
17,000,000
8,301,000
33,938,000
Stock
29,900,000
-20,800,000
82,000,000
-21,900,000
101,400,000
118,500,000
81,200,000
108,600,000
33,200,000
61,500,000
34,841,000
13,467,000
-84,930,000
-146,795,000
504,617,000
Debtors
148,200,000
64,500,000
-41,400,000
-33,000,000
-123,500,000
-6,000,000
-6,900,000
6,400,000
38,600,000
189,900,000
2,947,000
-117,691,000
31,382,000
23,050,000
96,112,000
Creditors
-20,400,000
3,000,000
19,800,000
5,800,000
-4,600,000
16,600,000
10,000,000
14,800,000
-100,000
12,600,000
3,320,000
1,004,000
1,880,000
3,072,000
26,424,000
Accruals and Deferred Income
-86,100,000
-3,300,000
81,500,000
-37,900,000
10,700,000
45,200,000
24,100,000
5,400,000
14,100,000
-116,800,000
27,529,000
139,719,000
2,423,000
349,000
26,880,000
Deferred Taxes & Provisions
22,600,000
40,600,000
-7,400,000
-5,200,000
6,200,000
-17,800,000
-50,200,000
31,800,000
4,000,000
64,200,000
Cash flow from operations
-124,800,000
155,600,000
219,600,000
115,600,000
175,300,000
55,200,000
17,200,000
19,000,000
11,700,000
-239,700,000
15,261,000
250,710,000
40,032,000
52,067,000
-539,029,000
Investing Activities
capital expenditure
-137,600,000
-62,200,000
45,000,000
41,600,000
-111,200,000
15,900,000
22,400,000
18,900,000
19,700,000
-14,200,000
-2,833,000
-100,431,000
-201,000
-18,000
-838,000
Change in Investments
-18,200,000
11,200,000
-10,100,000
3,400,000
-7,600,000
-6,700,000
-6,200,000
-7,300,000
-1,600,000
646,000
42,454,000
cash flow from investments
-119,400,000
-62,200,000
33,800,000
51,700,000
-114,600,000
23,500,000
29,100,000
25,100,000
27,000,000
-12,600,000
-3,479,000
-142,885,000
-201,000
-18,000
-838,000
Financing Activities
Bank loans
-5,000,000
5,000,000
-22,500,000
22,500,000
Group/Directors Accounts
-115,200,000
115,200,000
-395,272,000
-2,825,000
-18,903,000
417,000,000
Other Short Term Loans
Long term loans
-800,000
1,400,000
-600,000
-72,300,000
19,000,000
63,300,000
-328,200,000
38,700,000
-29,400,000
300,300,000
12,060,000
-82,820,000
-13,086,000
102,446,000
Hire Purchase and Lease Commitments
-400,000
1,200,000
-200,000
-1,800,000
8,500,000
other long term liabilities
21,800,000
-41,800,000
14,500,000
-100,000
-600,000
3,000,000
42,200,000
-4,389,000
-1,788,000
-294,000
6,471,000
share issue
4,100,000
-8,000,000
-293,100,000
-1,100,000
-156,500,000
-1,100,000
7,600,000
-17,500,000
-900,000
114,000,000
16,000
369,391,000
-9,322,000
3,497,000
-9,306,000
interest
5,600,000
-4,600,000
300,000
-8,600,000
-6,300,000
-12,300,000
-4,200,000
-6,100,000
-8,100,000
-5,800,000
-3,154,800,000
4,656,000
-14,738,000
-15,037,000
-17,665,000
cash flow from financing
30,300,000
-51,800,000
-279,100,000
-83,900,000
-135,900,000
-62,300,000
-172,400,000
20,100,000
-60,900,000
431,000,000
-3,142,724,000
-108,434,000
-41,759,000
-30,737,000
498,946,000
cash and cash equivalents
cash
-90,000,000
76,900,000
-68,300,000
37,800,000
41,700,000
17,700,000
39,700,000
33,200,000
-21,700,000
-3,300,000
21,304,000
10,827,000
22,000
142,000
5,000
overdraft
-21,706,000
1,950,000
-21,170,000
40,926,000
change in cash
-90,000,000
76,900,000
-68,300,000
37,800,000
41,700,000
17,700,000
39,700,000
33,200,000
-21,700,000
-3,300,000
21,304,000
32,533,000
-1,928,000
21,312,000
-40,921,000
miller homes limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for miller homes limited. Get real-time insights into miller homes limited's credit score, group structure and payment trends.
Perform a competitor analysis for miller homes limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in EH12 area or any other competitors across 12 key performance metrics.
miller house, 2 lochside view, edinburgh park, edinburgh, EH12 9DH
Bank
-
Legal Advisor
-
miller homes 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 found 441 charges/mortgages relating to miller homes limited. Currently there are 154 open charges and 287 have been satisfied in the past.
miller homes 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 MILLER HOMES LIMITED. This can take several minutes, an email will notify you when this has completed.
miller homes limitedCompanies House Filings - See Documents
