mm propco limited
mm propco limited Company Information
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
167 bath street, glasgow, G2 4SQ
Website
-mm propco limited Estimated Valuation
Pomanda estimates the enterprise value of MM PROPCO LIMITED at £546.3k based on a Turnover of £234.5k and 2.33x industry multiple (adjusted for size and gross margin).
mm propco limited Estimated Valuation
Pomanda estimates the enterprise value of MM PROPCO LIMITED at £52.9k based on an EBITDA of £11.6k and a 4.55x industry multiple (adjusted for size and gross margin).
mm propco limited Estimated Valuation
Pomanda estimates the enterprise value of MM PROPCO LIMITED at £13.8k based on Net Assets of £7.9k and 1.75x industry multiple (adjusted for liquidity).
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Mm Propco Limited Overview
Mm Propco Limited is a live company located in glasgow, G2 4SQ with a Companies House number of SC717860. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2021, it's largest shareholder is darren mckeown with a 100% stake. Mm Propco Limited is a startup, micro sized company, Pomanda has estimated its turnover at £234.5k with unknown growth in recent years.
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Mm Propco Limited Health Check
Pomanda's financial health check has awarded Mm Propco Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £234.5k, make it smaller than the average company (£1.1m)
- Mm Propco Limited
£1.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mm Propco Limited
- - Industry AVG
Production
with a gross margin of 26.9%, this company has a higher cost of product (71%)
- Mm Propco Limited
71% - Industry AVG
Profitability
an operating margin of 5% make it less profitable than the average company (21.6%)
- Mm Propco Limited
21.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Mm Propco Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- Mm Propco Limited
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £234.5k, this is more efficient (£202.7k)
- Mm Propco Limited
£202.7k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (33 days)
- Mm Propco Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 1191 days, this is slower than average (34 days)
- Mm Propco Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mm Propco Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mm Propco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.5%, this is a higher level of debt than the average (71.6%)
99.5% - Mm Propco Limited
71.6% - Industry AVG
MM PROPCO LIMITED financials
Mm Propco Limited's latest turnover from December 2023 is estimated at £234.5 thousand and the company has net assets of £7.9 thousand. According to their latest financial statements, we estimate that Mm Propco 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 | 1,641,339 | 1,641,339 |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 1,641,339 | 1,641,339 |
| Stock & work in progress | ||
| Trade Debtors | 10,859 | 100 |
| Group Debtors | ||
| Misc Debtors | ||
| Cash | ||
| misc current assets | ||
| total current assets | 10,859 | 100 |
| total assets | 1,652,198 | 1,641,439 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 559,272 | 557,228 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 559,272 | 557,228 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | 1,085,000 | 1,085,000 |
| provisions | ||
| total long term liabilities | 1,085,000 | 1,085,000 |
| total liabilities | 1,644,272 | 1,642,228 |
| net assets | 7,926 | -789 |
| total shareholders funds | 7,926 | -789 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 10,759 | 100 |
| Creditors | 2,044 | 557,228 |
| 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 | 1,085,000 | |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | ||
| overdraft | ||
| change in cash |
mm propco limited Credit Report and Business Information
Mm Propco Limited Competitor Analysis
Perform a competitor analysis for mm propco limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in G 2 area or any other competitors across 12 key performance metrics.
mm propco limited Ownership
MM PROPCO LIMITED group structure
Mm Propco Limited has no subsidiary companies.
Ultimate parent company
MM PROPCO LIMITED
SC717860
mm propco limited directors
Mm Propco Limited currently has 1 director, Dr Darren McKeown serving since Dec 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Darren McKeown | United Kingdom | 43 years | Dec 2021 | - | Director |
P&L
December 2023turnover
234.5k
+19%
operating profit
11.6k
0%
gross margin
27%
+9.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
7.9k
-11.05%
total assets
1.7m
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
mm propco limited company details
company number
SC717860
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
December 2021
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
167 bath street, glasgow, G2 4SQ
Bank
-
Legal Advisor
-
mm propco 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 3 charges/mortgages relating to mm propco limited. Currently there are 2 open charges and 1 have been satisfied in the past.
mm propco 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 MM PROPCO LIMITED. This can take several minutes, an email will notify you when this has completed.
mm propco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
