multinet services limited
multinet services limited Company Information
Company Number
03241812
Next Accounts
May 2025
Shareholders
balvinder singh rana
Group Structure
View All
Industry
Data processing, hosting and related activities
Registered Address
73 stoneleigh broadway, stoneleigh, epsom, surrey, KT17 2HP
Website
www.multinetservices.co.ukmultinet services limited Estimated Valuation
Pomanda estimates the enterprise value of MULTINET SERVICES LIMITED at £267.8k based on a Turnover of £353.6k and 0.76x industry multiple (adjusted for size and gross margin).
multinet services limited Estimated Valuation
Pomanda estimates the enterprise value of MULTINET SERVICES LIMITED at £52.9k based on an EBITDA of £13.9k and a 3.82x industry multiple (adjusted for size and gross margin).
multinet services limited Estimated Valuation
Pomanda estimates the enterprise value of MULTINET SERVICES LIMITED at £80.3k based on Net Assets of £33.5k and 2.39x industry multiple (adjusted for liquidity).
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Multinet Services Limited Overview
Multinet Services Limited is a live company located in epsom, KT17 2HP with a Companies House number of 03241812. It operates in the data processing, hosting and related activities sector, SIC Code 63110. Founded in August 1996, it's largest shareholder is balvinder singh rana with a 100% stake. Multinet Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £353.6k with low growth in recent years.
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Multinet Services Limited Health Check
Pomanda's financial health check has awarded Multinet Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £353.6k, make it smaller than the average company (£5.8m)
- Multinet Services Limited
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (3.5%)
- Multinet Services Limited
3.5% - Industry AVG
Production
with a gross margin of 32.6%, this company has a higher cost of product (63.2%)
- Multinet Services Limited
63.2% - Industry AVG
Profitability
an operating margin of 3.9% make it as profitable than the average company (4.6%)
- Multinet Services Limited
4.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (34)
2 - Multinet Services Limited
34 - Industry AVG
Pay Structure
on an average salary of £74.7k, the company has an equivalent pay structure (£74.7k)
- Multinet Services Limited
£74.7k - Industry AVG
Efficiency
resulting in sales per employee of £176.8k, this is equally as efficient (£157.6k)
- Multinet Services Limited
£157.6k - Industry AVG
Debtor Days
it gets paid by customers after 149 days, this is later than average (54 days)
- Multinet Services Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (39 days)
- Multinet Services Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Multinet Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Multinet Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.6%, this is a higher level of debt than the average (57.3%)
77.6% - Multinet Services Limited
57.3% - Industry AVG
MULTINET SERVICES LIMITED financials
Multinet Services Limited's latest turnover from August 2023 is estimated at £353.6 thousand and the company has net assets of £33.5 thousand. According to their latest financial statements, Multinet Services Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 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 | 2 | 1 | 1 | 2 | 2 | 2 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,540 | 5,021 | 4,377 | 4,916 | 5,970 | 7,271 | 8,885 | 8,885 | 2,129 | 2,839 | 2,613 | 3,067 | 4,090 | 5,453 | 7,012 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 4,540 | 5,021 | 4,377 | 4,916 | 5,970 | 7,271 | 8,885 | 8,885 | 2,129 | 2,839 | 2,613 | 3,067 | 4,090 | 5,453 | 7,012 |
| Stock & work in progress | 3,178 | ||||||||||||||
| Trade Debtors | 145,164 | 110,705 | 155,493 | 139,905 | 129,406 | 92,074 | 66,274 | 40,949 | 4,212 | 5,500 | 4,272 | 7,024 | |||
| Group Debtors | |||||||||||||||
| Misc Debtors | 14,832 | ||||||||||||||
| Cash | 20,041 | 48,426 | 11,723 | 18,667 | 17,093 | 20,804 | 12,384 | ||||||||
| misc current assets | |||||||||||||||
| total current assets | 145,164 | 110,705 | 155,493 | 139,905 | 129,406 | 92,074 | 66,274 | 40,949 | 39,085 | 48,426 | 20,401 | 22,939 | 17,093 | 20,804 | 19,408 |
| total assets | 149,704 | 115,726 | 159,870 | 144,821 | 135,376 | 99,345 | 75,159 | 49,834 | 41,214 | 51,265 | 23,014 | 26,006 | 21,183 | 26,257 | 26,420 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 47,159 | 22,967 | 50,637 | 15,718 | 13,434 | 4,045 | 4,911 | 4,911 | 1,144 | 7,794 | 5,277 | 7,695 | 5,157 | 5,255 | 2,925 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 318 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 6,602 | ||||||||||||||
| total current liabilities | 47,159 | 22,967 | 50,637 | 15,718 | 13,434 | 4,045 | 4,911 | 4,911 | 8,064 | 7,794 | 5,277 | 7,695 | 5,157 | 5,255 | 2,925 |
| loans | 11 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 69,017 | 69,628 | 86,239 | 86,983 | 84,748 | 60,924 | 36,477 | 36,477 | 10,525 | 1,805 | 6,912 | 8,947 | 13,961 | 20,325 | |
| provisions | |||||||||||||||
| total long term liabilities | 69,017 | 69,628 | 86,239 | 86,983 | 84,748 | 60,924 | 36,477 | 36,477 | 11 | 10,525 | 1,805 | 6,912 | 8,947 | 13,961 | 20,325 |
| total liabilities | 116,176 | 92,595 | 136,876 | 102,701 | 98,182 | 64,969 | 41,388 | 41,388 | 8,075 | 18,319 | 7,082 | 14,607 | 14,104 | 19,216 | 23,250 |
| net assets | 33,528 | 23,131 | 22,994 | 42,120 | 37,194 | 34,376 | 33,771 | 8,446 | 33,139 | 32,946 | 15,932 | 11,399 | 7,079 | 7,041 | 3,170 |
| total shareholders funds | 33,528 | 23,131 | 22,994 | 42,120 | 37,194 | 34,376 | 33,771 | 8,446 | 33,139 | 32,946 | 15,932 | 11,399 | 7,079 | 7,041 | 3,170 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 710 | 947 | 871 | 1,023 | 1,363 | 1,792 | 2,338 | ||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -3,178 | 3,178 | |||||||||||||
| Debtors | 34,459 | -44,788 | 15,588 | 10,499 | 37,332 | 25,800 | 25,325 | 21,905 | 19,044 | -5,500 | 1,228 | 4,272 | -7,024 | 7,024 | |
| Creditors | 24,192 | -27,670 | 34,919 | 2,284 | 9,389 | -866 | 3,767 | -6,650 | 2,517 | -2,418 | 2,538 | -98 | 2,330 | 2,925 | |
| Accruals and Deferred Income | -6,602 | 6,602 | |||||||||||||
| 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 | -318 | 318 | |||||||||||||
| Long term loans | -11 | 11 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -611 | -16,611 | -744 | 2,235 | 23,824 | 24,447 | 36,477 | -10,525 | 8,720 | -5,107 | -2,035 | -5,014 | -6,364 | 20,325 | |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -20,041 | -28,385 | 36,703 | -6,944 | 1,574 | -3,711 | 8,420 | 12,384 | |||||||
| overdraft | |||||||||||||||
| change in cash | -20,041 | -28,385 | 36,703 | -6,944 | 1,574 | -3,711 | 8,420 | 12,384 |
multinet services limited Credit Report and Business Information
Multinet Services Limited Competitor Analysis
Perform a competitor analysis for multinet services limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in KT17 area or any other competitors across 12 key performance metrics.
multinet services limited Ownership
MULTINET SERVICES LIMITED group structure
Multinet Services Limited has no subsidiary companies.
Ultimate parent company
MULTINET SERVICES LIMITED
03241812
multinet services limited directors
Multinet Services Limited currently has 2 directors. The longest serving directors include Balvinder Singh Rana (Aug 1996) and Mrs Taranjit Rana (Sep 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Balvinder Singh Rana | England | 54 years | Aug 1996 | - | Director |
| Mrs Taranjit Rana | England | 51 years | Sep 2015 | - | Director |
P&L
August 2023turnover
353.6k
+38%
operating profit
13.9k
0%
gross margin
32.6%
+11.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
33.5k
+0.45%
total assets
149.7k
+0.29%
cash
0
0%
net assets
Total assets minus all liabilities
multinet services limited company details
company number
03241812
Type
Private limited with Share Capital
industry
63110 - Data processing, hosting and related activities
incorporation date
August 1996
age
29
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
PASCAL CANELLE LTD
auditor
-
address
73 stoneleigh broadway, stoneleigh, epsom, surrey, KT17 2HP
Bank
-
Legal Advisor
-
multinet services 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 multinet services limited.
multinet services 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 MULTINET SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
multinet services limited Companies House Filings - See Documents
| date | description | view/download |
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