majestic miles homes ltd

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majestic miles homes ltd Company Information

Share MAJESTIC MILES HOMES LTD
Dissolved 

Company Number

SC367186

Website

-

Registered Address

5 royal exchange square, glasgow, G1 3AH

Industry

Buying and selling of own real estate

 

Telephone

-

Next Accounts Due

March 2024

Group Structure

View All

Directors

James Gaffney9 Years

Shareholders

carnbroe estates ltd 100%

majestic miles homes ltd Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of MAJESTIC MILES HOMES LTD at £1.3m based on a Turnover of £1.2m and 1.12x industry multiple (adjusted for size and gross margin).

majestic miles homes ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MAJESTIC MILES HOMES LTD at £0 based on an EBITDA of £0 and a 3.55x industry multiple (adjusted for size and gross margin).

majestic miles homes ltd Estimated Valuation

£1

Pomanda estimates the enterprise value of MAJESTIC MILES HOMES LTD at £1 based on Net Assets of £1 and 1.33x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from October 2019 

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Majestic Miles Homes Ltd Overview

Majestic Miles Homes Ltd is a dissolved company that was located in glasgow, G1 3AH with a Companies House number of SC367186. It operated in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2009, it's largest shareholder was carnbroe estates ltd with a 100% stake. The last turnover for Majestic Miles Homes Ltd was estimated at £1.2m.

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Majestic Miles Homes Ltd Health Check

Pomanda's financial health check has awarded Majestic Miles Homes Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £1.2m, make it larger than the average company (£709k)

£1.2m - Majestic Miles Homes Ltd

£709k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Majestic Miles Homes Ltd

- - Industry AVG

production

Production

with a gross margin of 22.8%, this company has a higher cost of product (68.7%)

22.8% - Majestic Miles Homes Ltd

68.7% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Majestic Miles Homes Ltd

- - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Majestic Miles Homes Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.6k, the company has an equivalent pay structure (£39.6k)

£39.6k - Majestic Miles Homes Ltd

£39.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £603.2k, this is more efficient (£233k)

£603.2k - Majestic Miles Homes Ltd

£233k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 68 days, this is later than average (22 days)

68 days - Majestic Miles Homes Ltd

22 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Majestic Miles Homes Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Majestic Miles Homes Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Majestic Miles Homes Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (61.8%)

100% - Majestic Miles Homes Ltd

61.8% - Industry AVG

majestic miles homes ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Majestic Miles Homes Ltd Competitor Analysis

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Perform a competitor analysis for majestic miles homes ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

majestic miles homes ltd Ownership

MAJESTIC MILES HOMES LTD group structure

Majestic Miles Homes Ltd has no subsidiary companies.

Ultimate parent company

MAJESTIC MILES HOMES LTD

SC367186

MAJESTIC MILES HOMES LTD Shareholders

carnbroe estates ltd 100%

majestic miles homes ltd directors

Majestic Miles Homes Ltd currently has 1 director, Mr James Gaffney serving since May 2014.

officercountryagestartendrole
Mr James GaffneyScotland63 years May 2014- Director

MAJESTIC MILES HOMES LTD financials

EXPORTms excel logo

Majestic Miles Homes Ltd's latest turnover from October 2019 is estimated at £1.2 million and the company has net assets of £1. According to their latest financial statements, we estimate that Majestic Miles Homes Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010
Turnover1,206,4261,252,82300195,08800000
Other Income Or Grants0000000000
Cost Of Sales931,378932,28700148,00100000
Gross Profit275,048320,5360047,08700000
Admin Expenses275,048320,5360047,08700000
Operating Profit0000000000
Interest Payable0000000000
Interest Receivable0000000000
Pre-Tax Profit0000000000
Tax0000000000
Profit After Tax0000000000
Dividends Paid0000000000
Retained Profit0000000000
Employee Costs79,16577,6900035,76100000
Number Of Employees2211100000
EBITDA*0000000000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010
Tangible Assets00225,000225,000225,000225,000225,000225,000225,0000
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets00225,000225,000225,000225,000225,000225,000225,0000
Stock & work in progress0000000000
Trade Debtors225,000225,00000000000
Group Debtors0000000000
Misc Debtors0000000000
Cash0000000000
misc current assets0000000000
total current assets225,000225,00000000000
total assets225,000225,000225,000225,000225,000225,000225,000225,000225,0000
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 00224,999224,999224,99900000
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities00224,999224,999224,99900000
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities224,999224,999000224,999224,999224,999224,9990
provisions0000000000
total long term liabilities224,999224,999000224,999224,999224,999224,9990
total liabilities224,999224,999224,999224,999224,999224,999224,999224,999224,9990
net assets1111111110
total shareholders funds1111111110
Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010
Operating Activities
Operating Profit0000000000
Depreciation0000000000
Amortisation0000000000
Tax0000000000
Stock0000000000
Debtors0225,00000000000
Creditors0-224,99900224,99900000
Accruals and Deferred Income0000000000
Deferred Taxes & Provisions0000000000
Cash flow from operations0-449,99900224,99900000
Investing Activities
capital expenditure0225,000000000-225,0000
Change in Investments0000000000
cash flow from investments0225,000000000-225,0000
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0224,99900-224,999000224,9990
share issue0000000010
interest0000000000
cash flow from financing0224,99900-224,999000225,0000
cash and cash equivalents
cash0000000000
overdraft0000000000
change in cash0000000000

P&L

October 2019

turnover

1.2m

-4%

operating profit

0

0%

gross margin

22.8%

-10.89%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2019

net assets

1

0%

total assets

225k

0%

cash

0

0%

net assets

Total assets minus all liabilities

majestic miles homes ltd company details

company number

SC367186

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

October 2009

age

15

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

5 royal exchange square, glasgow, G1 3AH

last accounts submitted

October 2019

majestic miles 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 did not find charges/mortgages relating to majestic miles homes ltd.

charges

majestic miles homes ltd Companies House Filings - See Documents

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