mem trading (uk)ltd
mem trading (uk)ltd Company Information
Company Number
03972071
Next Accounts
Jan 2025
Industry
Licensed restaurants
Directors
Shareholders
mr mehmet kocakerim
Group Structure
View All
Contact
Registered Address
8 theberton street, london, N1 0QX
Website
www.memlaz.commem trading (uk)ltd Estimated Valuation
Pomanda estimates the enterprise value of MEM TRADING (UK)LTD at £524.7k based on a Turnover of £709.6k and 0.74x industry multiple (adjusted for size and gross margin).
mem trading (uk)ltd Estimated Valuation
Pomanda estimates the enterprise value of MEM TRADING (UK)LTD at £3.4m based on an EBITDA of £689.3k and a 4.89x industry multiple (adjusted for size and gross margin).
mem trading (uk)ltd Estimated Valuation
Pomanda estimates the enterprise value of MEM TRADING (UK)LTD at £5.7m based on Net Assets of £2.1m and 2.67x industry multiple (adjusted for liquidity).
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Mem Trading (uk)ltd Overview
Mem Trading (uk)ltd is a live company located in london, N1 0QX with a Companies House number of 03972071. It operates in the licenced restaurants sector, SIC Code 56101. Founded in April 2000, it's largest shareholder is mr mehmet kocakerim with a 100% stake. Mem Trading (uk)ltd is a mature, small sized company, Pomanda has estimated its turnover at £709.6k with low growth in recent years.
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Mem Trading (uk)ltd Health Check
Pomanda's financial health check has awarded Mem Trading (Uk)Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £709.6k, make it smaller than the average company (£2m)
- Mem Trading (uk)ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (5%)
- Mem Trading (uk)ltd
5% - Industry AVG
Production
with a gross margin of 57.2%, this company has a comparable cost of product (57.2%)
- Mem Trading (uk)ltd
57.2% - Industry AVG
Profitability
an operating margin of 89.6% make it more profitable than the average company (3.3%)
- Mem Trading (uk)ltd
3.3% - Industry AVG
Employees
with 16 employees, this is below the industry average (42)
16 - Mem Trading (uk)ltd
42 - Industry AVG
Pay Structure
on an average salary of £19.1k, the company has an equivalent pay structure (£19.1k)
- Mem Trading (uk)ltd
£19.1k - Industry AVG
Efficiency
resulting in sales per employee of £44.3k, this is equally as efficient (£51.4k)
- Mem Trading (uk)ltd
£51.4k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is near the average (6 days)
- Mem Trading (uk)ltd
6 days - Industry AVG
Creditor Days
its suppliers are paid after 277 days, this is slower than average (48 days)
- Mem Trading (uk)ltd
48 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (13 days)
- Mem Trading (uk)ltd
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (14 weeks)
27 weeks - Mem Trading (uk)ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.9%, this is a lower level of debt than the average (85.4%)
28.9% - Mem Trading (uk)ltd
85.4% - Industry AVG
MEM TRADING (UK)LTD financials
Mem Trading (Uk)Ltd's latest turnover from April 2023 is estimated at £709.6 thousand and the company has net assets of £2.1 million. According to their latest financial statements, Mem Trading (Uk)Ltd has 16 employees and maintains cash reserves of £321 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,624,684 | 1,656,006 | 1,057,035 | 475,873 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 717,004 | 724,281 | 501,549 | 183,313 | ||||||||||
| Gross Profit | 907,680 | 931,725 | 555,486 | 292,560 | ||||||||||
| Admin Expenses | 466,925 | 432,451 | 327,155 | 157,670 | ||||||||||
| Operating Profit | 440,755 | 499,274 | 228,331 | 134,890 | ||||||||||
| Interest Payable | 1,797 | 13,336 | 24,711 | 11,956 | ||||||||||
| Interest Receivable | 33,828 | 2,979 | 0 | 0 | ||||||||||
| Pre-Tax Profit | 472,786 | 488,917 | 225,096 | 134,890 | ||||||||||
| Tax | -78,686 | -181,421 | -45,000 | -24,700 | ||||||||||
| Profit After Tax | 394,100 | 307,496 | 180,096 | 110,190 | ||||||||||
| Dividends Paid | 140,000 | 50,000 | 120,000 | 50,000 | ||||||||||
| Retained Profit | 254,100 | 257,496 | 60,096 | 60,190 | ||||||||||
| Employee Costs | 115,686 | 38,216 | ||||||||||||
| Number Of Employees | 16 | 18 | 13 | 14 | 15 | 14 | ||||||||
| EBITDA* | 483,349 | 526,883 | 232,098 | 134,890 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 499,215 | 481,370 | 453,430 | 468,866 | 488,007 | 460,596 | 231,744 | 160,985 | 125,047 | 134,476 | 153,120 | 78,213 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 499,215 | 481,370 | 453,430 | 468,866 | 488,007 | 460,596 | 231,744 | 160,985 | 125,047 | 134,476 | 153,120 | 78,213 | 0 | 0 |
| Stock & work in progress | 8,291 | 6,357 | 5,029 | 7,318 | 36,221 | 79,564 | 88,634 | 35,169 | 55,132 | 120,250 | 108,300 | 63,800 | 0 | 0 |
| Trade Debtors | 11,284 | 17,951 | 36,597 | 18,418 | 2,812 | 26,552 | 25,926 | 0 | 861,262 | 119,800 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,807,112 | 1,627,110 | 1,057,554 | 673,781 | 402,436 | 390,517 | 380,737 | 70,583 | 0 | 0 | 125,432 | 162,675 | 0 | 0 |
| Cash | 320,996 | 278,948 | 125,623 | 25,301 | 0 | 176,915 | 32,647 | 369,681 | 76,692 | 98,262 | 116 | 124 | 0 | 0 |
| misc current assets | 365,631 | 0 | 0 | 0 | 70,365 | 897,646 | 897,646 | 717,955 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,513,314 | 1,930,366 | 1,224,803 | 724,818 | 511,834 | 1,571,194 | 1,425,590 | 1,193,388 | 993,086 | 338,312 | 233,848 | 226,599 | 0 | 0 |
| total assets | 3,012,529 | 2,411,736 | 1,678,233 | 1,193,684 | 999,841 | 2,031,790 | 1,657,334 | 1,354,373 | 1,118,133 | 472,788 | 386,968 | 304,812 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 64,547 | 148,019 | 143,224 | 66,132 | 0 | 0 | 0 | 160,206 | 185,999 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 230,441 | 181,901 | 86,535 | 73,437 | 129,388 | 160,025 | 174,711 | 135,938 | 417,654 | 314,976 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 9,973 | 16,506 | 26,572 | 37,553 | 48,534 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 367,580 | 268,684 | 241,648 | 215,247 | 138,216 | 232,165 | 155,882 | 260,460 | 0 | 0 | 106,376 | 58,523 | 0 | 0 |
| total current liabilities | 598,021 | 450,585 | 338,156 | 369,737 | 442,195 | 572,967 | 445,259 | 396,398 | 417,654 | 314,976 | 266,582 | 244,522 | 0 | 0 |
| loans | 0 | 0 | 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 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 245,594 | 280,167 | 325,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 27,366 | 25,562 | 24,541 | 24,787 | 25,374 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 272,960 | 305,729 | 349,541 | 24,787 | 25,374 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 870,981 | 756,314 | 687,697 | 394,524 | 467,569 | 572,967 | 445,259 | 396,398 | 417,654 | 314,976 | 266,582 | 244,522 | 0 | 0 |
| net assets | 2,141,548 | 1,655,422 | 990,536 | 799,160 | 532,272 | 1,458,823 | 1,212,075 | 957,975 | 700,479 | 157,812 | 120,386 | 60,290 | 0 | 0 |
| total shareholders funds | 2,141,548 | 1,655,422 | 990,536 | 799,160 | 532,272 | 1,458,823 | 1,212,075 | 957,975 | 700,479 | 157,812 | 120,386 | 60,290 | 0 | 0 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 440,755 | 499,274 | 228,331 | 134,890 | ||||||||||
| Depreciation | 53,870 | 50,858 | 46,984 | 52,545 | 55,381 | 54,728 | 42,594 | 27,609 | 18,625 | 21,924 | 3,767 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -78,686 | -181,421 | -45,000 | -24,700 | ||||||||||
| Stock | 1,934 | 1,328 | -2,289 | -28,903 | -43,343 | -9,070 | 53,465 | -19,963 | -65,118 | 11,950 | 44,500 | 63,800 | 0 | 0 |
| Debtors | 173,335 | 550,910 | 401,952 | 286,951 | -11,821 | 10,406 | 336,080 | -790,679 | 741,462 | -5,632 | -37,243 | 162,675 | 0 | 0 |
| Creditors | 48,540 | 95,366 | 13,098 | -55,951 | -30,637 | -14,686 | 38,773 | -281,716 | 102,678 | 314,976 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 98,896 | 27,036 | 26,401 | 77,031 | -93,949 | 76,283 | -104,578 | 260,460 | 0 | -106,376 | 47,853 | 58,523 | 0 | 0 |
| Deferred Taxes & Provisions | 1,804 | 1,021 | -246 | -587 | 25,374 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -50,687 | 1,134,848 | 227,694 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 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 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -9,973 | -6,533 | -10,066 | -10,981 | -10,981 | 48,534 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -34,573 | -44,833 | 325,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 32,031 | -10,357 | -24,711 | -11,956 | ||||||||||
| cash flow from financing | 80,565 | -10,357 | -24,711 | -11,856 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 42,048 | 153,325 | 100,322 | 25,301 | -176,915 | 144,268 | -337,034 | 292,989 | -21,570 | 98,146 | -8 | 124 | 0 | 0 |
| overdraft | 0 | 0 | -64,547 | -83,472 | 4,795 | 77,092 | 66,132 | 0 | 0 | -160,206 | -25,793 | 185,999 | 0 | 0 |
| change in cash | 42,048 | 153,325 | 164,869 | 108,773 | -181,710 | 67,176 | -403,166 | 292,989 | -21,570 | 258,352 | 25,785 | -185,875 | 0 | 0 |
mem trading (uk)ltd Credit Report and Business Information
Mem Trading (uk)ltd Competitor Analysis
Perform a competitor analysis for mem trading (uk)ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in N 1 area or any other competitors across 12 key performance metrics.
mem trading (uk)ltd Ownership
MEM TRADING (UK)LTD group structure
Mem Trading (Uk)Ltd has no subsidiary companies.
Ultimate parent company
MEM TRADING (UK)LTD
03972071
mem trading (uk)ltd directors
Mem Trading (Uk)Ltd currently has 1 director, Mr Mehmet Kocakerim serving since Apr 2000.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mehmet Kocakerim | England | 53 years | Apr 2000 | - | Director |
P&L
April 2023turnover
709.6k
+1%
operating profit
635.4k
0%
gross margin
57.3%
-0.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
2.1m
+0.29%
total assets
3m
+0.25%
cash
321k
+0.15%
net assets
Total assets minus all liabilities
Similar Companies
mem trading (uk)ltd company details
company number
03972071
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
April 2000
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
m & l trading (uk) ltd (May 2000)
accountant
-
auditor
-
address
8 theberton street, london, N1 0QX
Bank
-
Legal Advisor
-
mem trading (uk)ltd 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 1 charges/mortgages relating to mem trading (uk)ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
mem trading (uk)ltd 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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mem trading (uk)ltd Companies House Filings - See Documents
| date | description | view/download |
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