03885565 limited
03885565 limited Company Information
Company Number
03885565
Website
www.mullenlowesalt.comRegistered Address
1 radian court, knowlhill, milton keynes, MK5 8PJ
Industry
Management consultancy activities (other than financial management)
Telephone
02088706777
Next Accounts Due
625 days late
Group Structure
View All
Shareholders
mullenlowe group limited 100%
03885565 limited Estimated Valuation
Pomanda estimates the enterprise value of 03885565 LIMITED at £2.5m based on a Turnover of £3.1m and 0.8x industry multiple (adjusted for size and gross margin).
03885565 limited Estimated Valuation
Pomanda estimates the enterprise value of 03885565 LIMITED at £0 based on an EBITDA of £-363k and a 6.11x industry multiple (adjusted for size and gross margin).
03885565 limited Estimated Valuation
Pomanda estimates the enterprise value of 03885565 LIMITED at £3m based on Net Assets of £1.2m and 2.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
03885565 Limited Overview
03885565 Limited is a live company located in milton keynes, MK5 8PJ with a Companies House number of 03885565. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in November 1999, it's largest shareholder is mullenlowe group limited with a 100% stake. 03885565 Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.1m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
03885565 Limited Health Check
Pomanda's financial health check has awarded 03885565 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £3.1m, make it larger than the average company (£298.8k)
£3.1m - 03885565 Limited
£298.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (3.1%)
-1% - 03885565 Limited
3.1% - Industry AVG
Production
with a gross margin of 94.2%, this company has a lower cost of product (53.2%)
94.2% - 03885565 Limited
53.2% - Industry AVG
Profitability
an operating margin of -12.3% make it less profitable than the average company (7.5%)
-12.3% - 03885565 Limited
7.5% - Industry AVG
Employees
with 39 employees, this is above the industry average (4)
39 - 03885565 Limited
4 - Industry AVG
Pay Structure
on an average salary of £62.4k, the company has a higher pay structure (£43.3k)
£62.4k - 03885565 Limited
£43.3k - Industry AVG
Efficiency
resulting in sales per employee of £79.7k, this is less efficient (£110k)
£79.7k - 03885565 Limited
£110k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is near the average (73 days)
61 days - 03885565 Limited
73 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (29 days)
22 days - 03885565 Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 03885565 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 110 weeks, this is more cash available to meet short term requirements (25 weeks)
110 weeks - 03885565 Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.1%, this is a lower level of debt than the average (58.1%)
27.1% - 03885565 Limited
58.1% - Industry AVG
03885565 LIMITED financials
03885565 Limited's latest turnover from December 2020 is £3.1 million and the company has net assets of £1.2 million. According to their latest financial statements, 03885565 Limited has 39 employees and maintains cash reserves of £960 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,110,000 | 4,661,000 | 4,064,000 | 3,239,000 | 4,063,000 | |||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 180,000 | 960,000 | 823,000 | 452,000 | 909,000 | |||||||
| Gross Profit | 2,930,000 | 3,701,000 | 3,241,000 | 2,787,000 | 3,154,000 | |||||||
| Admin Expenses | 3,314,000 | 3,736,000 | 3,463,000 | 2,948,000 | 2,850,000 | |||||||
| Operating Profit | -384,000 | -35,000 | -222,000 | -161,000 | 304,000 | |||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 5,000 | 1,000 | 1,000 | 0 | 524,000 | 5,604 | ||||||
| Pre-Tax Profit | -379,000 | -34,000 | -221,000 | 950,000 | 827,000 | |||||||
| Tax | -6,000 | -3,000 | 3,000 | 57,000 | -65,000 | 0 | ||||||
| Profit After Tax | -385,000 | -37,000 | -218,000 | 1,007,000 | 762,000 | 0 | ||||||
| Dividends Paid | 0 | 0 | 0 | 107,000 | 429,000 | 0 | ||||||
| Retained Profit | -385,000 | -37,000 | -218,000 | 900,000 | 333,000 | 0 | ||||||
| Employee Costs | 2,434,000 | 2,613,000 | 2,323,000 | 1,969,000 | 2,056,000 | |||||||
| Number Of Employees | 39 | 40 | 35 | 35 | 39 | 35 | ||||||
| EBITDA* | -363,000 | -15,000 | -201,000 | 20,000 | 372,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 39,000 | 29,000 | 77,000 | 227,000 | 211,096 | 36,387 | 52,387 | 59,795 | 65,677 | 59,352 | 37,199 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 28,000 | 28,440 | 28,440 | 28,440 | 28,440 | 9,126 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 39,000 | 29,000 | 77,000 | 255,000 | 239,536 | 64,827 | 80,827 | 88,235 | 74,803 | 59,352 | 37,199 |
| Stock & work in progress | 0 | 11,000 | 0 | 5,000 | 32,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 526,000 | 927,000 | 1,013,000 | 607,000 | 626,000 | 536,554 | 835,591 | 1,432,926 | 1,166,980 | 875,131 | 1,079,180 | 1,032,126 |
| Group Debtors | 87,000 | 104,000 | 60,000 | 196,000 | 62,000 | 2,746 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 99,000 | 109,000 | 210,000 | 281,000 | 238,000 | 192,345 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 960,000 | 917,000 | 1,273,000 | 1,647,000 | 692,000 | 733,548 | 994,211 | 513,411 | 516,671 | 443,721 | 292,531 | 238,133 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,672,000 | 2,068,000 | 2,556,000 | 2,736,000 | 1,650,000 | 1,465,193 | 1,829,802 | 1,946,337 | 1,683,651 | 1,318,852 | 1,371,711 | 1,270,259 |
| total assets | 1,672,000 | 2,107,000 | 2,585,000 | 2,813,000 | 1,905,000 | 1,704,729 | 1,894,629 | 2,027,164 | 1,771,886 | 1,393,655 | 1,431,063 | 1,307,458 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,000 | 43,000 | 54,000 | 66,000 | 51,000 | 87,062 | 1,184,818 | 1,388,412 | 968,689 | 636,213 | 682,096 | 587,502 |
| Group/Directors Accounts | 37,000 | 123,000 | 223,000 | 477,000 | 69,000 | 24,410 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 405,000 | 337,000 | 668,000 | 336,000 | 745,000 | 943,355 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 453,000 | 503,000 | 945,000 | 879,000 | 865,000 | 1,054,827 | 1,184,818 | 1,388,412 | 968,689 | 636,213 | 682,096 | 587,502 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 77,000 | 83,000 | 25,539 | 4,958 | 7,566 | 10,898 | 12,695 | 10,741 | 3,761 |
| total long term liabilities | 0 | 0 | 0 | 77,000 | 83,000 | 25,539 | 4,958 | 7,566 | 10,898 | 12,695 | 10,741 | 3,761 |
| total liabilities | 453,000 | 503,000 | 945,000 | 956,000 | 948,000 | 1,080,366 | 1,189,776 | 1,395,978 | 979,587 | 648,908 | 692,837 | 591,263 |
| net assets | 1,219,000 | 1,604,000 | 1,640,000 | 1,857,000 | 957,000 | 624,363 | 704,853 | 631,186 | 792,299 | 744,747 | 738,226 | 716,195 |
| total shareholders funds | 1,219,000 | 1,604,000 | 1,640,000 | 1,857,000 | 957,000 | 624,363 | 704,853 | 631,186 | 792,299 | 744,747 | 738,226 | 716,195 |
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -384,000 | -35,000 | -222,000 | -161,000 | 304,000 | |||||||
| Depreciation | 21,000 | 20,000 | 21,000 | 181,000 | 68,000 | 50,431 | 33,961 | 43,145 | 44,560 | 40,403 | 29,102 | 37,199 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -6,000 | -3,000 | 3,000 | 57,000 | -65,000 | 0 | ||||||
| Stock | -11,000 | 11,000 | -5,000 | -27,000 | 32,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -428,000 | -143,000 | 199,000 | 158,000 | 194,355 | -103,946 | -597,335 | 265,946 | 291,849 | -204,049 | 47,054 | 1,032,126 |
| Creditors | -32,000 | -11,000 | -12,000 | 15,000 | -36,062 | -1,097,756 | -203,594 | 419,723 | 332,476 | -45,883 | 94,594 | 587,502 |
| Accruals and Deferred Income | 68,000 | -331,000 | 332,000 | -409,000 | -198,355 | 943,355 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -77,000 | -6,000 | 57,461 | 20,581 | -2,608 | -3,332 | -1,797 | 1,954 | 6,980 | 3,761 |
| Cash flow from operations | 106,000 | -228,000 | -149,000 | -454,000 | -96,311 | |||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | -28,000 | -440 | 0 | 0 | 0 | 19,314 | 9,126 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -86,000 | -100,000 | -254,000 | 408,000 | 44,590 | 24,410 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | 5,000 | 1,000 | 1,000 | 0 | 524,000 | 5,604 | ||||||
| cash flow from financing | -81,000 | -98,000 | -252,000 | 408,000 | 568,227 | 721,799 | ||||||
| cash and cash equivalents | ||||||||||||
| cash | 43,000 | -356,000 | -374,000 | 955,000 | -41,548 | -260,663 | 480,800 | -3,260 | 72,950 | 151,190 | 54,398 | 238,133 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 43,000 | -356,000 | -374,000 | 955,000 | -41,548 | -260,663 | 480,800 | -3,260 | 72,950 | 151,190 | 54,398 | 238,133 |
03885565 limited Credit Report and Business Information
03885565 Limited Competitor Analysis
Perform a competitor analysis for 03885565 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
03885565 limited Ownership
03885565 LIMITED group structure
03885565 Limited has no subsidiary companies.
Ultimate parent company
THE INTERPUBLIC GROUP OF COMPANIES INC
#0001223
2 parents
03885565 LIMITED
03885565
03885565 limited directors
03885565 Limited currently has 2 directors. The longest serving directors include Mr Derek Coleman (Oct 2021) and Mr Andrew Page (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Derek Coleman | 68 years | Oct 2021 | - | Director | |
| Mr Andrew Page | 53 years | Oct 2021 | - | Director |
P&L
December 2020turnover
3.1m
-33%
operating profit
-384k
+997%
gross margin
94.3%
+18.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
1.2m
-0.24%
total assets
1.7m
-0.21%
cash
960k
+0.05%
net assets
Total assets minus all liabilities
03885565 limited company details
company number
03885565
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
November 1999
age
25
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
salt limited (November 2023)
incorporated
UK
address
1 radian court, knowlhill, milton keynes, MK5 8PJ
last accounts submitted
December 2020
03885565 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 03885565 limited.
03885565 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
