linnmac property limited

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linnmac property limited Company Information

Share LINNMAC PROPERTY LIMITED

Company Number

SC444621

Directors

Michael Linn

Shareholders

michael linn

lisa ellen linn

Group Structure

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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

7 tarvit street, edinburgh, EH3 9LB

linnmac property limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of LINNMAC PROPERTY LIMITED at £2.1m based on a Turnover of £602.4k and 3.42x industry multiple (adjusted for size and gross margin).

linnmac property limited Estimated Valuation

£92.3k

Pomanda estimates the enterprise value of LINNMAC PROPERTY LIMITED at £92.3k based on an EBITDA of £13.8k and a 6.68x industry multiple (adjusted for size and gross margin).

linnmac property limited Estimated Valuation

£197.9k

Pomanda estimates the enterprise value of LINNMAC PROPERTY LIMITED at £197.9k based on Net Assets of £113.3k and 1.75x industry multiple (adjusted for liquidity).

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Linnmac Property Limited Overview

Linnmac Property Limited is a live company located in edinburgh, EH3 9LB with a Companies House number of SC444621. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2013, it's largest shareholder is michael linn with a 66.7% stake. Linnmac Property Limited is a established, small sized company, Pomanda has estimated its turnover at £602.4k with rapid growth in recent years.

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Linnmac Property Limited Health Check

Pomanda's financial health check has awarded Linnmac Property Limited a 3.5 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

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £602.4k, make it smaller than the average company (£918.1k)

£602.4k - Linnmac Property Limited

£918.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (4.9%)

39% - Linnmac Property Limited

4.9% - Industry AVG

production

Production

with a gross margin of 75.5%, this company has a comparable cost of product (75.5%)

75.5% - Linnmac Property Limited

75.5% - Industry AVG

profitability

Profitability

an operating margin of 2.1% make it less profitable than the average company (29.4%)

2.1% - Linnmac Property Limited

29.4% - Industry AVG

employees

Employees

with 6 employees, this is above the industry average (4)

6 - Linnmac Property Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)

£32.3k - Linnmac Property Limited

£32.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £100.4k, this is less efficient (£177.7k)

£100.4k - Linnmac Property Limited

£177.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Linnmac Property Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (38 days)

0 days - Linnmac Property Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Linnmac Property Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 244 weeks, this is more cash available to meet short term requirements (11 weeks)

244 weeks - Linnmac Property Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 21%, this is a lower level of debt than the average (64.5%)

21% - Linnmac Property Limited

64.5% - Industry AVG

LINNMAC PROPERTY LIMITED financials

EXPORTms excel logo

Linnmac Property Limited's latest turnover from March 2024 is estimated at £602.4 thousand and the company has net assets of £113.3 thousand. According to their latest financial statements, Linnmac Property Limited has 6 employees and maintains cash reserves of £139.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover602,448479,238329,374223,144207,670157,217133,429616,647290,16021,1317,044
Other Income Or Grants
Cost Of Sales147,682120,40082,20955,64353,95142,12033,519156,56582,7857,1602,312
Gross Profit454,766358,839247,165167,501153,720115,09799,910460,082207,37513,9714,733
Admin Expenses441,992346,334225,006141,318167,049132,92573,287447,974185,186-10,429-3,027
Operating Profit12,77412,50522,15926,183-13,329-17,82826,62312,10822,18924,4007,760
Interest Payable
Interest Receivable6,9324,98074675656084041602259518
Pre-Tax Profit19,70517,48522,90526,258-13,264-17,22027,02712,26822,41424,4957,778
Tax-4,926-3,322-4,352-4,989-5,135-2,453-4,483-5,144-1,789
Profit After Tax14,77914,16318,55321,269-13,264-17,22021,8929,81417,93119,3515,989
Dividends Paid
Retained Profit14,77914,16318,55321,269-13,264-17,22021,8929,81417,93119,3515,989
Employee Costs193,965151,855118,35480,57682,18081,08578,277127,86252,50926,04924,774
Number Of Employees65433335211
EBITDA*13,81112,91223,94728,034-11,374-15,09127,97613,60723,57425,5228,430

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets2,3776211291,9173,7685,6131,8252,1711,2651,7971,360
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,3776211291,9173,7685,6131,8252,1711,2651,7971,360
Stock & work in progress
Trade Debtors7,9379362,605
Group Debtors
Misc Debtors1,3001,4641,9611,4162,171292285
Cash139,781124,288110,08488,74861,32568,89893,12768,50759,14030,8467,081
misc current assets
total current assets141,081125,752112,04590,16471,43369,83495,73268,79959,42530,8467,081
total assets143,458126,373112,17492,08175,20175,44797,55770,97060,69032,6438,441
Bank overdraft
Bank loan
Trade Creditors 1791,82941212722,4807,2032,450
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities29,49525,87327,34725,75329,91716,52317,78517,319
total current liabilities29,67427,70227,75925,88029,91716,52322,48017,78517,3197,2032,450
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions452118253647161,067
total long term liabilities452118253647161,067
total liabilities30,12627,82027,78426,24430,63317,59022,48017,78517,3197,2032,450
net assets113,33298,55384,39065,83744,56857,85775,07753,18543,37125,4405,991
total shareholders funds113,33298,55384,39065,83744,56857,85775,07753,18543,37125,4405,991
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit12,77412,50522,15926,183-13,329-17,82826,62312,10822,18924,4007,760
Depreciation1,0374071,7881,8511,9552,7371,3531,4991,3851,122670
Amortisation
Tax-4,926-3,322-4,352-4,989-5,135-2,453-4,483-5,144-1,789
Stock
Debtors-164-497545-8,6929,172-1,6692,3137285
Creditors-1,6501,417285127-22,48022,480-7,2034,7532,450
Accruals and Deferred Income3,622-1,4741,594-4,16413,39416,523-17,78546617,319
Deferred Taxes & Provisions33493-339-352-3511,067
Cash flow from operations11,35510,12320,59027,348-7,503-18,31225,22311,61328,92225,1319,091
Investing Activities
capital expenditure-2,793-899-110-6,525-1,007-2,405-853-1,559-2,030
Change in Investments
cash flow from investments-2,793-899-110-6,525-1,007-2,405-853-1,559-2,030
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-25982
interest6,9324,98074675656084041602259518
cash flow from financing6,9324,980746754060840416022519320
cash and cash equivalents
cash15,49314,20421,33627,423-7,573-24,22924,6209,36728,29423,7657,081
overdraft
change in cash15,49314,20421,33627,423-7,573-24,22924,6209,36728,29423,7657,081

linnmac property limited 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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Linnmac Property Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for linnmac property limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in EH3 area or any other competitors across 12 key performance metrics.

linnmac property limited Ownership

LINNMAC PROPERTY LIMITED group structure

Linnmac Property Limited has no subsidiary companies.

Ultimate parent company

LINNMAC PROPERTY LIMITED

SC444621

LINNMAC PROPERTY LIMITED Shareholders

michael linn 66.67%
lisa ellen linn 33.33%

linnmac property limited directors

Linnmac Property Limited currently has 1 director, Mr Michael Linn serving since Mar 2013.

officercountryagestartendrole
Mr Michael LinnScotland51 years Mar 2013- Director

P&L

March 2024

turnover

602.4k

+26%

operating profit

12.8k

0%

gross margin

75.5%

+0.81%

turnover

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

Balance Sheet

March 2024

net assets

113.3k

+0.15%

total assets

143.5k

+0.14%

cash

139.8k

+0.12%

net assets

Total assets minus all liabilities

linnmac property limited company details

company number

SC444621

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

March 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

TAXASSIST WEST EDINBURGH

auditor

-

address

7 tarvit street, edinburgh, EH3 9LB

Bank

-

Legal Advisor

-

linnmac property 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 linnmac property limited.

linnmac property 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.

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linnmac property limited Companies House Filings - See Documents

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