mearns cross shopping centre limited
mearns cross shopping centre limited Company Information
Company Number
SC304230
Next Accounts
Mar 2025
Shareholders
abbey centre ltd
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
quartermile one, 15 lauriston place, edinburgh, EH3 9EP
Website
abbeycentreshopping.co.ukmearns cross shopping centre limited Estimated Valuation
Pomanda estimates the enterprise value of MEARNS CROSS SHOPPING CENTRE LIMITED at £234.2m based on a Turnover of £199m and 1.18x industry multiple (adjusted for size and gross margin).
mearns cross shopping centre limited Estimated Valuation
Pomanda estimates the enterprise value of MEARNS CROSS SHOPPING CENTRE LIMITED at £0 based on an EBITDA of £-13.3m and a 8.61x industry multiple (adjusted for size and gross margin).
mearns cross shopping centre limited Estimated Valuation
Pomanda estimates the enterprise value of MEARNS CROSS SHOPPING CENTRE LIMITED at £0 based on Net Assets of £-38.6m and 2.13x industry multiple (adjusted for liquidity).
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Mearns Cross Shopping Centre Limited Overview
Mearns Cross Shopping Centre Limited is a dissolved company that was located in edinburgh, EH3 9EP with a Companies House number of SC304230. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2006, it's largest shareholder was abbey centre ltd with a 100% stake. The last turnover for Mearns Cross Shopping Centre Limited was estimated at £199m.
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Mearns Cross Shopping Centre Limited Health Check
Pomanda's financial health check has awarded Mearns Cross Shopping Centre Limited 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
3 Regular
4 Weak
Size
annual sales of £199m, make it larger than the average company (£1.7m)
- Mearns Cross Shopping Centre Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.5%)
- Mearns Cross Shopping Centre Limited
4.5% - Industry AVG
Production
with a gross margin of 35.7%, this company has a comparable cost of product (35.7%)
- Mearns Cross Shopping Centre Limited
35.7% - Industry AVG
Profitability
an operating margin of -6.7% make it less profitable than the average company (6.9%)
- Mearns Cross Shopping Centre Limited
6.9% - Industry AVG
Employees
with 1474 employees, this is above the industry average (31)
- Mearns Cross Shopping Centre Limited
31 - Industry AVG
Pay Structure
on an average salary of £37.6k, the company has an equivalent pay structure (£37.6k)
- Mearns Cross Shopping Centre Limited
£37.6k - Industry AVG
Efficiency
resulting in sales per employee of £135k, this is equally as efficient (£135k)
- Mearns Cross Shopping Centre Limited
£135k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (41 days)
- Mearns Cross Shopping Centre Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 195 days, this is slower than average (34 days)
- Mearns Cross Shopping Centre Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mearns Cross Shopping Centre Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Mearns Cross Shopping Centre Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 228.8%, this is a higher level of debt than the average (69%)
228.8% - Mearns Cross Shopping Centre Limited
69% - Industry AVG
MEARNS CROSS SHOPPING CENTRE LIMITED financials
Mearns Cross Shopping Centre Limited's latest turnover from July 2014 is estimated at £199 million and the company has net assets of -£38.6 million. According to their latest financial statements, we estimate that Mearns Cross Shopping Centre Limited has 1,474 employees and maintains cash reserves of £26.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|
| 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
| Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | 29,000,000 | 43,122,000 | 43,122,000 | 43,122,000 | 61,500,000 | 61,500,000 |
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 29,000,000 | 43,122,000 | 43,122,000 | 43,122,000 | 61,500,000 | 61,500,000 |
| Stock & work in progress | ||||||
| Trade Debtors | 902,675 | 565,389 | 668,303 | 930,030 | 674,681 | 688,479 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 26,477 | 30,739 | 22 | 10,981 | 693,421 | |
| misc current assets | ||||||
| total current assets | 929,152 | 596,128 | 668,325 | 930,030 | 685,662 | 1,381,900 |
| total assets | 29,929,152 | 43,718,128 | 43,790,325 | 44,052,030 | 62,185,662 | 62,881,900 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 68,489,229 | 68,997,416 | 71,130,702 | 73,232,210 | 2,222,849 | 2,847,525 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 68,489,229 | 68,997,416 | 71,130,702 | 73,232,210 | 2,222,849 | 2,847,525 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 71,750,000 | 75,846,013 | ||||
| provisions | ||||||
| total long term liabilities | 71,750,000 | 75,846,013 | ||||
| total liabilities | 68,489,229 | 68,997,416 | 71,130,702 | 73,232,210 | 73,972,849 | 78,693,538 |
| net assets | -38,560,077 | -25,279,288 | -27,340,377 | -29,180,180 | -11,787,187 | -15,811,638 |
| total shareholders funds | -38,560,077 | -25,279,288 | -27,340,377 | -29,180,180 | -11,787,187 | -15,811,638 |
| Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 337,286 | -102,914 | -261,727 | 255,349 | -13,798 | 688,479 |
| Creditors | -508,187 | -2,133,286 | -2,101,508 | 71,009,361 | -624,676 | 2,847,525 |
| Accruals and Deferred Income | ||||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -14,122,000 | -18,378,000 | 61,500,000 | |||
| 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 | -71,750,000 | -4,096,013 | 75,846,013 | |||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -4,262 | 30,717 | 22 | -10,981 | -682,440 | 693,421 |
| overdraft | ||||||
| change in cash | -4,262 | 30,717 | 22 | -10,981 | -682,440 | 693,421 |
mearns cross shopping centre limited Credit Report and Business Information
Mearns Cross Shopping Centre Limited Competitor Analysis
Perform a competitor analysis for mearns cross shopping centre limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in EH3 area or any other competitors across 12 key performance metrics.
mearns cross shopping centre limited Ownership
MEARNS CROSS SHOPPING CENTRE LIMITED group structure
Mearns Cross Shopping Centre Limited has no subsidiary companies.
Ultimate parent company
1 parent
MEARNS CROSS SHOPPING CENTRE LIMITED
SC304230
mearns cross shopping centre limited directors
Mearns Cross Shopping Centre Limited currently has 3 directors. The longest serving directors include Mr Stephen Hamill (Aug 2006) and Mrs Patricia Henry (Sep 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Hamill | Northern Ireland | 67 years | Aug 2006 | - | Director |
| Mrs Patricia Henry | Northern Ireland | 52 years | Sep 2006 | - | Director |
| Mr Patrick Buchanan | Northern Ireland | 57 years | Sep 2006 | - | Director |
P&L
July 2014turnover
199m
0%
operating profit
-13.3m
0%
gross margin
35.7%
+0.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2014net assets
-38.6m
+0.53%
total assets
29.9m
-0.32%
cash
26.5k
-0.14%
net assets
Total assets minus all liabilities
mearns cross shopping centre limited company details
company number
SC304230
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2006
age
19
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
July 2014
previous names
sf 3055 limited (September 2006)
accountant
-
auditor
-
address
quartermile one, 15 lauriston place, edinburgh, EH3 9EP
Bank
ULSTER BANK LTD
Legal Advisor
-
mearns cross shopping centre 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 mearns cross shopping centre limited.
mearns cross shopping centre 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 MEARNS CROSS SHOPPING CENTRE LIMITED. This can take several minutes, an email will notify you when this has completed.
mearns cross shopping centre limited Companies House Filings - See Documents
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