mkodo limited

mkodo limited Company Information

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MatureMidRapid

Company Number

03991840

Industry

Business and domestic software development

 

Wireless telecommunications activities

 
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Shareholders

pollard banknote limited

Group Structure

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Contact

Registered Address

2 throgmorton avenue, london, EC2N 2DG

mkodo limited Estimated Valuation

£11.5m

Pomanda estimates the enterprise value of MKODO LIMITED at £11.5m based on a Turnover of £13.2m and 0.88x industry multiple (adjusted for size and gross margin).

mkodo limited Estimated Valuation

£13.9m

Pomanda estimates the enterprise value of MKODO LIMITED at £13.9m based on an EBITDA of £2.8m and a 4.9x industry multiple (adjusted for size and gross margin).

mkodo limited Estimated Valuation

£11.6m

Pomanda estimates the enterprise value of MKODO LIMITED at £11.6m based on Net Assets of £5m and 2.32x industry multiple (adjusted for liquidity).

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Mkodo Limited Overview

Mkodo Limited is a live company located in london, EC2N 2DG with a Companies House number of 03991840. It operates in the wireless telecommunications activities sector, SIC Code 61200. Founded in May 2000, it's largest shareholder is pollard banknote limited with a 100% stake. Mkodo Limited is a mature, mid sized company, Pomanda has estimated its turnover at £13.2m with rapid growth in recent years.

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Mkodo Limited Health Check

Pomanda's financial health check has awarded Mkodo Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £13.2m, make it larger than the average company (£6.9m)

£13.2m - Mkodo Limited

£6.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 50%, show it is growing at a faster rate (10%)

50% - Mkodo Limited

10% - Industry AVG

production

Production

with a gross margin of 38.1%, this company has a higher cost of product (54.5%)

38.1% - Mkodo Limited

54.5% - Industry AVG

profitability

Profitability

an operating margin of 19% make it more profitable than the average company (3.8%)

19% - Mkodo Limited

3.8% - Industry AVG

employees

Employees

with 106 employees, this is above the industry average (41)

106 - Mkodo Limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £61.5k, the company has an equivalent pay structure (£69.1k)

£61.5k - Mkodo Limited

£69.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £124.2k, this is less efficient (£162.7k)

£124.2k - Mkodo Limited

£162.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 57 days, this is near the average (51 days)

57 days - Mkodo Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 22 days, this is quicker than average (35 days)

22 days - Mkodo Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mkodo Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)

1 weeks - Mkodo Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 31.3%, this is a lower level of debt than the average (57.9%)

31.3% - Mkodo Limited

57.9% - Industry AVG

MKODO LIMITED financials

EXPORTms excel logo

Mkodo Limited's latest turnover from December 2023 is £13.2 million and the company has net assets of £5 million. According to their latest financial statements, Mkodo Limited has 106 employees and maintains cash reserves of £71.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover13,160,86210,316,3776,720,7303,902,6333,620,6163,586,8603,257,6522,412,7332,705,9072,872,7872,832,6902,440,6381,397,8891,101,2910
Other Income Or Grants000000000000000
Cost Of Sales8,144,8446,222,6793,139,6941,821,9801,717,9561,624,2831,483,9061,007,1491,171,0041,245,9421,321,6611,078,618602,143476,6110
Gross Profit5,016,0184,093,6983,581,0362,080,6531,902,6601,962,5771,773,7461,405,5841,534,9041,626,8451,511,0291,362,020795,746624,6800
Admin Expenses2,519,6981,457,8204,352,1353,014,1121,230,8341,541,9161,533,8981,271,3091,390,1581,394,1521,361,4221,430,271774,288276,147-27,331
Operating Profit2,496,3202,635,878-771,099-933,459671,826420,661239,848134,275144,746232,693149,607-68,25121,458348,53327,331
Interest Payable00014,01915,5130000000000
Interest Receivable001,5507658,2907,4713,8151,5642,3551,7491,1621,0251,070660177
Pre-Tax Profit2,496,3202,635,878-769,549-946,714664,602428,132243,663135,839147,101234,442150,769-67,22622,528349,19327,508
Tax-422,123-53,36000-126,274-81,345-46,296-27,168-29,420-49,233-34,6770-5,857-97,774-7,702
Profit After Tax2,074,1972,582,518-769,549-946,714538,328346,787197,367108,671117,681185,209116,092-67,22616,671251,41919,806
Dividends Paid000000000000000
Retained Profit2,074,1972,582,518-769,549-946,714538,328346,787197,367108,671117,681185,209116,092-67,22616,671251,41919,806
Employee Costs6,516,3805,010,4054,347,8113,805,1923,325,6652,756,4742,466,2971,944,0411,072,3841,133,8681,177,523999,416532,501415,7760
Number Of Employees10681686358494436202223201190
EBITDA*2,829,8832,825,814-576,529-833,049763,716474,585283,144165,964170,100261,005220,90739,725146,438456,850123,129

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets124,609101,165129,276141,944185,61786,97086,22532,18927,60334,76330,85444,18243,52516,2983,125
Intangible Assets902,501586,235344,975347,374000000047,344127,803226,976204,136
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,027,110687,400474,251489,318185,61786,97086,22532,18927,60334,76330,85491,526171,328243,274207,261
Stock & work in progress000000000000000
Trade Debtors2,079,9311,564,6951,001,875275,056329,383507,254444,235276,760558,856572,816515,990447,656241,041209,57554,988
Group Debtors3,252,2771,113,8330000000000000
Misc Debtors824,886555,025917,4102,073,7511,583,921394,041336,749306,799014,41700000
Cash71,444154,693736,193503,7011,025,6031,184,992807,217718,712532,291409,711289,875174,986234,892193,16570,905
misc current assets000000000000000
total current assets6,228,5383,388,2462,655,4782,852,5082,938,9072,086,2871,588,2011,302,2711,091,147996,944805,865622,642475,933402,740125,893
total assets7,255,6484,075,6463,129,7293,341,8263,124,5242,173,2571,674,4261,334,4601,118,7501,031,707836,719714,168647,261646,014333,154
Bank overdraft0000166,2360000000000
Bank loan000000000000000
Trade Creditors 511,120349,768244,46396,61770,01946,38433,64114,516277,154307,792298,013291,554157,421172,84595,332
Group/Directors Accounts27,67901,480,2741,421,45200000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities1,487,792805,689840,321667,942562,101610,367493,151369,6770000000
total current liabilities2,026,5911,155,4572,565,0582,186,011798,356656,751526,792384,193277,154307,792298,013291,554157,421172,84595,332
loans0000293,4190000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities0000000000000016,072
provisions240,6716,000233,00054,595022,085000000000
total long term liabilities240,6716,000233,00054,595293,41922,0850000000016,072
total liabilities2,267,2621,161,4572,798,0582,240,6061,091,775678,836526,792384,193277,154307,792298,013291,554157,421172,845111,404
net assets4,988,3862,914,189331,6711,101,2202,032,7491,494,4211,147,634950,267841,596723,915538,706422,614489,840473,169221,750
total shareholders funds4,988,3862,914,189331,6711,101,2202,032,7491,494,4211,147,634950,267841,596723,915538,706422,614489,840473,169221,750
Dec 2023Dec 2022Dec 2021Dec 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit2,496,3202,635,878-771,099-933,459671,826420,661239,848134,275144,746232,693149,607-68,25121,458348,53327,331
Depreciation79,85275,20988,61796,30891,89053,92443,29631,68925,35428,31223,95627,51716,0499,4333,805
Amortisation253,711114,727105,9534,10200000047,34480,459108,93198,88491,993
Tax-422,123-53,36000-126,274-81,345-46,296-27,168-29,420-49,233-34,6770-5,857-97,774-7,702
Stock000000000000000
Debtors2,923,5411,314,268-429,522435,5031,012,009120,311197,42524,703-28,37771,24368,334206,61531,466154,58754,988
Creditors161,352105,305147,84626,59823,63512,74319,125-262,638-30,6389,7796,459134,133-15,42477,51395,332
Accruals and Deferred Income682,103-34,632172,379105,841-48,266117,216123,474369,6770000000
Deferred Taxes & Provisions234,671-227,000178,40554,595-22,08522,085000000000
Cash flow from operations562,3451,301,859351,623-1,081,518-421,283424,973182,022221,132138,419150,308124,355-32,75793,691282,002155,771
Investing Activities
capital expenditure-673,273-403,085-179,503-404,111-190,537-54,669-97,332-36,275-18,194-32,221-10,628-28,174-53,034-144,330-303,059
Change in Investments000000000000000
cash flow from investments-673,273-403,085-179,503-404,111-190,537-54,669-97,332-36,275-18,194-32,221-10,628-28,174-53,034-144,330-303,059
Financing Activities
Bank loans000000000000000
Group/Directors Accounts27,679-1,480,27458,8221,421,45200000000000
Other Short Term Loans 000000000000000
Long term loans000-293,419293,4190000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0000000000000-16,07216,072
share issue00015,1850000000000201,944
interest001,550-13,254-7,2237,4713,8151,5642,3551,7491,1621,0251,070660177
cash flow from financing27,679-1,480,27460,3721,129,964286,1967,4713,8151,5642,3551,7491,1621,0251,070-15,412218,193
cash and cash equivalents
cash-83,249-581,500232,492-521,902-159,389377,77588,505186,421122,580119,836114,889-59,90641,727122,26070,905
overdraft000-166,236166,2360000000000
change in cash-83,249-581,500232,492-355,666-325,625377,77588,505186,421122,580119,836114,889-59,90641,727122,26070,905

mkodo limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Mkodo Limited Competitor Analysis

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Perform a competitor analysis for mkodo limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in EC2N area or any other competitors across 12 key performance metrics.

mkodo limited Ownership

MKODO LIMITED group structure

Mkodo Limited has no subsidiary companies.

Ultimate parent company

MKODO LIMITED

03991840

MKODO LIMITED Shareholders

pollard banknote limited 100%

mkodo limited directors

Mkodo Limited currently has 3 directors. The longest serving directors include Mr Stuart Godfree (May 2001) and Mrs Undral Ganbold (Jul 2015).

officercountryagestartendrole
Mr Stuart GodfreeEngland59 years May 2001- Director
Mrs Undral GanboldEngland42 years Jul 2015- Director
Mr Douglas PollardEngland54 years Feb 2020- Director

P&L

December 2023

turnover

13.2m

+28%

operating profit

2.5m

-5%

gross margin

38.2%

-3.95%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

5m

+0.71%

total assets

7.3m

+0.78%

cash

71.4k

-0.54%

net assets

Total assets minus all liabilities

mkodo limited company details

company number

03991840

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

61200 - Wireless telecommunications activities

62011 - Ready-made interactive leisure and entertainment software development

incorporation date

May 2000

age

25

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

December 2023

previous names

ark unwired limited (July 2001)

saveyourbody.com limited (May 2001)

accountant

-

auditor

HUSRST ACCOUNTANTS LIMITED

address

2 throgmorton avenue, london, EC2N 2DG

Bank

-

Legal Advisor

-

mkodo 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 6 charges/mortgages relating to mkodo limited. Currently there are 1 open charges and 5 have been satisfied in the past.

mkodo 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.

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mkodo limited Companies House Filings - See Documents

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