Pomanda estimates the enterprise value of MK GALLERY at £755.4k based on a Turnover of £1.8m and 0.43x industry multiple (adjusted for size and gross margin).
mk galleryEstimated Valuation
£0
Pomanda estimates the enterprise value of MK GALLERY at £0 based on an EBITDA of £-158.8k and a 5.56x industry multiple (adjusted for size and gross margin).
mk galleryEstimated Valuation
£10.8m
Pomanda estimates the enterprise value of MK GALLERY at £10.8m based on Net Assets of £11.7m and 0.92x industry multiple (adjusted for liquidity).
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Mk GalleryOverview
Mk Gallery is a live company located in buckinghamshire, MK9 3PX with a Companies House number of 02422890. It operates in the artistic creation sector, SIC Code 90030. Founded in September 1989, it's largest shareholder is
unknown.
Mk Gallery is a mature,
small sized company, Pomanda has estimated its turnover at
£1.8m with
low
growth in recent years.
Pomanda's financial health check has awarded Mk Gallery a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
6 Strong
2 Regular
4 Weak
Size
annual sales of £1.8m, make it larger than the average company (£327.3k)
£1.8m - Mk Gallery
£327.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (8.4%)
2% - Mk Gallery
8.4% - Industry AVG
Production
with a gross margin of 47.1%, this company has a comparable cost of product (47.1%)
47.1% - Mk Gallery
47.1% - Industry AVG
Profitability
an operating margin of -24.7% make it less profitable than the average company (2.5%)
-24.7% - Mk Gallery
2.5% - Industry AVG
Employees
with 34 employees, this is above the industry average (6)
34 - Mk Gallery
6 - Industry AVG
Pay Structure
on an average salary of £24.7k, the company has an equivalent pay structure (£27.4k)
£24.7k - Mk Gallery
£27.4k - Industry AVG
Efficiency
resulting in sales per employee of £52.1k, this is less efficient (£72.5k)
£52.1k - Mk Gallery
£72.5k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (14 days)
2 days - Mk Gallery
14 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is slower than average (19 days)
23 days - Mk Gallery
19 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (19 days)
10 days - Mk Gallery
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 31 weeks, this is less cash available to meet short term requirements (105 weeks)
31 weeks - Mk Gallery
105 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.9%, this is a lower level of debt than the average (28%)
1.9% - Mk Gallery
28% - Industry AVG
MK GALLERY financials
EXPORT
Mk Gallery's latest turnover from March 2024 is £1.8 million and the company has net assets of £11.7 million. According to their latest financial statements, Mk Gallery has 34 employees and maintains cash reserves of £136.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
1,772,724
1,569,371
2,118,724
1,667,697
2,035,738
3,440,889
4,177,279
1,743,683
2,233,964
1,154,866
1,301,213
1,054,206
4,756,363
1,119,376
1,109,824
Other Income Or Grants
Cost Of Sales
937,516
735,402
877,852
760,894
819,404
1,488,432
1,806,936
766,262
1,034,873
507,305
522,881
435,419
2,036,086
513,018
435,134
Gross Profit
835,208
833,969
1,240,872
906,803
1,216,334
1,952,457
2,370,343
977,421
1,199,091
647,561
778,332
618,787
2,720,277
606,358
674,690
Admin Expenses
1,272,662
1,485,410
1,408,257
457,051
1,522,848
-655,479
-1,503,643
-144,855
-482,992
411,590
347,660
636,787
-2,420,100
195,202
676,144
Operating Profit
-437,454
-651,441
-167,385
449,752
-306,514
2,607,936
3,873,986
1,122,276
1,682,083
235,971
430,672
-18,000
5,140,377
411,156
-1,454
Interest Payable
Interest Receivable
Pre-Tax Profit
-432,271
-646,924
-164,159
364,603
-306,199
2,118,642
3,144,256
902,695
1,356,805
196,269
336,734
-6,506
3,813,296
297,007
-1,416
Tax
Profit After Tax
-432,271
-646,924
-164,159
364,603
-306,199
2,118,642
3,144,256
902,695
1,356,805
196,269
336,734
-6,506
3,813,296
297,007
-1,416
Dividends Paid
Retained Profit
-432,271
-646,924
-164,159
364,603
-306,199
2,118,642
3,144,256
902,695
1,356,805
196,269
336,734
-6,506
3,813,296
297,007
-1,416
Employee Costs
841,165
927,690
888,522
794,052
820,564
546,337
487,663
480,868
450,132
475,170
445,528
387,099
397,682
372,046
411,312
Number Of Employees
34
43
42
41
41
28
25
21
16
16
15
13
13
17
19
EBITDA*
-158,755
-372,196
111,325
720,553
-45,185
2,614,058
3,882,399
1,131,347
1,692,177
244,845
439,545
-8,540
5,148,368
414,151
4,721
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
10,456,416
10,747,200
11,068,284
11,172,945
11,586,017
11,531,143
5,161,188
2,125,582
1,418,589
700,993
228,386
28,607
29,029
6,541
4,686
Intangible Assets
Investments & Other
1,075,829
1,444,925
1,756,413
1,664,613
1,528,898
1,463,494
3,506,108
3,547,692
2,290,342
2,420,424
2,228,340
2,202,563
Debtors (Due After 1 year)
Total Fixed Assets
11,532,245
12,192,125
12,824,697
12,837,558
13,114,915
12,994,637
8,667,296
5,673,274
3,708,931
3,121,417
2,456,726
2,231,170
29,029
6,541
4,686
Stock & work in progress
25,884
27,916
35,569
47,617
45,150
8,587
Trade Debtors
11,457
15,122
27,258
2,341
47,582
2,030
1,668
2,996
4,141
22,634
69,644
59,154
22,393
17,391
274,237
Group Debtors
Misc Debtors
257,060
197,429
116,620
89,980
66,661
435,875
659,265
168,256
32,638
55,336
5,837
822,641
824,166
162,396
9,677
Cash
136,081
61,371
151,206
709,099
40,669
589,529
1,456,159
1,668,548
3,205,383
2,363,734
2,624,736
33,369
4,564,046
526,298
15,101
misc current assets
1,012,488
504,016
2,487,646
203,815
total current assets
430,482
301,838
330,653
849,037
200,062
1,036,021
3,129,580
2,343,816
3,242,162
2,441,704
2,700,217
3,402,810
5,410,605
706,085
502,830
total assets
11,962,727
12,493,963
13,155,350
13,686,595
13,314,977
14,030,658
11,796,876
8,017,090
6,951,093
5,563,121
5,156,943
5,633,980
5,439,634
712,626
507,516
Bank overdraft
Bank loan
Trade Creditors
59,361
59,502
84,358
105,910
128,117
558,831
58,421
69,742
124,060
45,726
34,282
34,055
12,894
40,946
38,648
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
166,293
265,117
254,724
600,258
380,193
358,961
744,231
97,380
165,233
108,491
127,235
916,760
932,558
80,394
174,589
total current liabilities
225,654
324,619
339,082
706,168
508,310
917,792
802,652
167,122
289,293
154,217
161,517
950,815
945,452
121,340
213,237
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
75,000
89,600
total long term liabilities
75,000
89,600
total liabilities
225,654
324,619
339,082
706,168
508,310
917,792
802,652
167,122
289,293
154,217
161,517
1,025,815
1,035,052
121,340
213,237
net assets
11,737,073
12,169,344
12,816,268
12,980,427
12,806,667
13,112,866
10,994,224
7,849,968
6,661,800
5,408,904
4,995,426
4,608,165
4,404,582
591,286
294,279
total shareholders funds
11,737,073
12,169,344
12,816,268
12,980,427
12,806,667
13,112,866
10,994,224
7,849,968
6,661,800
5,408,904
4,995,426
4,608,165
4,404,582
591,286
294,279
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-437,454
-651,441
-167,385
449,752
-306,514
2,607,936
3,873,986
1,122,276
1,682,083
235,971
430,672
-18,000
5,140,377
411,156
-1,454
Depreciation
278,699
279,245
278,710
270,801
261,329
6,122
8,413
9,071
10,094
8,874
8,873
9,460
7,991
2,995
6,175
Amortisation
Tax
Stock
-2,032
-7,653
-12,048
2,467
36,563
8,587
Debtors
55,966
68,673
51,557
-21,922
-323,662
-223,028
489,681
134,473
-41,191
2,489
-806,314
35,236
666,772
-104,127
283,914
Creditors
-141
-24,856
-21,552
-22,207
-430,714
500,410
-11,321
-54,318
78,334
11,444
227
21,161
-28,052
2,298
38,648
Accruals and Deferred Income
-98,824
10,393
-345,534
220,065
21,232
-385,270
646,851
-67,853
56,742
-18,744
-789,525
-15,798
852,164
-94,195
174,589
Deferred Taxes & Provisions
-75,000
-14,600
89,600
Cash flow from operations
-311,654
-447,679
-295,270
937,866
-167,568
2,943,639
4,028,248
874,703
1,868,444
235,056
381,561
-53,013
5,395,308
426,381
-65,956
Investing Activities
capital expenditure
-3,044,019
-1,716,064
-727,739
-480,396
-208,652
-9,038
-30,479
-4,850
-10,861
Change in Investments
-369,096
-311,488
91,800
135,715
65,404
-2,042,614
-41,584
1,257,350
-130,082
192,084
25,777
2,202,563
cash flow from investments
369,096
311,488
-91,800
-135,715
-65,404
2,042,614
-3,002,435
-2,973,414
-597,657
-672,480
-234,429
-2,211,601
-30,479
-4,850
-10,861
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
-190,843
285,473
-103,909
217,209
50,527
210,089
295,695
interest
cash flow from financing
-190,843
285,473
-103,909
217,209
50,527
210,089
295,695
cash and cash equivalents
cash
74,710
-89,835
-557,893
668,430
-548,860
-866,630
-212,389
-1,536,835
841,649
-261,002
2,591,367
-4,530,677
4,037,748
511,197
15,101
overdraft
change in cash
74,710
-89,835
-557,893
668,430
-548,860
-866,630
-212,389
-1,536,835
841,649
-261,002
2,591,367
-4,530,677
4,037,748
511,197
15,101
mk gallery 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 mk gallery. Get real-time insights into mk gallery's credit score, group structure and payment trends.
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Private Limited by guarantee without Share Capital Exempt from using Limited
industry
90030 - Artistic creation
incorporation date
September 1989
age
36
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
March 2024
previous names
milton keynes theatre and gallery company (January 2014)
milton keynes theatre development company (October 1995)
accountant
MONICO TUNLEY LTD
auditor
HW BEDFORD LTD
address
3 theatre walk, central milton keynes, buckinghamshire, MK9 3PX
Bank
METRO BANK
Legal Advisor
HCR HEWITSONS
mk gallery 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 mk gallery.
mk gallery 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 MK GALLERY. This can take several minutes, an email will notify you when this has completed.
