m2n limited Company Information
Company Number
03997482
Website
www.m2n.co.ukRegistered Address
26 the green, kings norton, birmingham, B38 8SD
Industry
Other information technology and computer service activities
Telephone
01214456559
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
vicki jane wright 50%
stuart david wright 50%
m2n limited Estimated Valuation
Pomanda estimates the enterprise value of M2N LIMITED at £301k based on a Turnover of £570.1k and 0.53x industry multiple (adjusted for size and gross margin).
m2n limited Estimated Valuation
Pomanda estimates the enterprise value of M2N LIMITED at £0 based on an EBITDA of £-33.7k and a 3.68x industry multiple (adjusted for size and gross margin).
m2n limited Estimated Valuation
Pomanda estimates the enterprise value of M2N LIMITED at £591k based on Net Assets of £256.5k and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
M2n Limited Overview
M2n Limited is a live company located in birmingham, B38 8SD with a Companies House number of 03997482. It operates in the other information technology service activities sector, SIC Code 62090. Founded in May 2000, it's largest shareholder is vicki jane wright with a 50% stake. M2n Limited is a mature, small sized company, Pomanda has estimated its turnover at £570.1k with healthy growth in recent years.
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M2n Limited Health Check
Pomanda's financial health check has awarded M2N Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £570.1k, make it smaller than the average company (£6.5m)
- M2n Limited
£6.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (6.4%)
- M2n Limited
6.4% - Industry AVG
Production
with a gross margin of 26%, this company has a higher cost of product (49.8%)
- M2n Limited
49.8% - Industry AVG
Profitability
an operating margin of -5.9% make it less profitable than the average company (3.2%)
- M2n Limited
3.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (42)
3 - M2n Limited
42 - Industry AVG
Pay Structure
on an average salary of £68.2k, the company has an equivalent pay structure (£68.2k)
- M2n Limited
£68.2k - Industry AVG
Efficiency
resulting in sales per employee of £190k, this is equally as efficient (£165.9k)
- M2n Limited
£165.9k - Industry AVG
Debtor Days
it gets paid by customers after 155 days, this is later than average (55 days)
- M2n Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (36 days)
- M2n Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- M2n Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - M2n Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.5%, this is a lower level of debt than the average (63.5%)
12.5% - M2n Limited
63.5% - Industry AVG
M2N LIMITED financials
M2N Limited's latest turnover from May 2023 is estimated at £570.1 thousand and the company has net assets of £256.5 thousand. According to their latest financial statements, M2N Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 3 | 3 | 3 | 3 | 3 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 49,520 | 5,394 | 10,301 | 20,534 | 35,178 | 42,728 | 10,098 | 15,871 | 24,392 | 32,328 | 36,242 | 25,919 | 128,218 | 8,393 |
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 | 49,520 | 5,394 | 10,301 | 20,534 | 35,178 | 42,728 | 10,098 | 15,871 | 24,392 | 32,328 | 36,242 | 25,919 | 128,218 | 8,393 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 243,548 | 394,184 | 309,493 | 213,917 | 269,869 | 297,215 | 88,909 | 87,037 | 57,540 | 45,530 | 67,170 | 81,740 | 97,201 | 186,576 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 255,322 | 154,753 | 183,782 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 198,863 | 135,436 | 78,195 | 157,844 | 231,616 | 336,539 | 262,687 | 260,091 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 243,548 | 394,184 | 309,493 | 213,917 | 269,869 | 297,215 | 287,772 | 222,473 | 135,735 | 203,374 | 298,786 | 673,601 | 514,641 | 630,449 |
total assets | 293,068 | 399,578 | 319,794 | 234,451 | 305,047 | 339,943 | 297,870 | 238,344 | 160,127 | 235,702 | 335,028 | 699,520 | 642,859 | 638,842 |
Bank overdraft | 0 | 0 | 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 | 0 | 0 |
Trade Creditors | 36,560 | 109,412 | 83,272 | 57,338 | 51,908 | 63,497 | 80,534 | 126,345 | 41,424 | 43,643 | 52,354 | 79,547 | 111,744 | 150,588 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 36,560 | 109,412 | 83,272 | 57,338 | 51,908 | 63,497 | 80,534 | 126,345 | 41,424 | 43,643 | 52,354 | 79,547 | 111,744 | 150,588 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 36,560 | 109,412 | 83,272 | 57,338 | 51,908 | 63,497 | 80,534 | 126,345 | 41,424 | 43,643 | 52,354 | 79,547 | 111,744 | 150,588 |
net assets | 256,508 | 290,166 | 236,522 | 177,113 | 253,139 | 276,446 | 217,336 | 111,999 | 118,703 | 192,059 | 282,674 | 619,973 | 531,115 | 488,254 |
total shareholders funds | 256,508 | 290,166 | 236,522 | 177,113 | 253,139 | 276,446 | 217,336 | 111,999 | 118,703 | 192,059 | 282,674 | 619,973 | 531,115 | 488,254 |
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 8,521 | 8,994 | 8,966 | 8,155 | 5,385 | 5,315 | 1,495 | |||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -150,636 | 84,691 | 95,576 | -55,952 | -27,346 | 208,306 | 1,872 | 29,497 | 12,010 | -21,640 | -269,892 | 85,108 | -118,404 | 370,358 |
Creditors | -72,852 | 26,140 | 25,934 | 5,430 | -11,589 | -17,037 | -45,811 | 84,921 | -2,219 | -8,711 | -27,193 | -32,197 | -38,844 | 150,588 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
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 | 0 | 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 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | -198,863 | 63,427 | 57,241 | -79,649 | -73,772 | -104,923 | 73,852 | 2,596 | 260,091 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | -198,863 | 63,427 | 57,241 | -79,649 | -73,772 | -104,923 | 73,852 | 2,596 | 260,091 |
m2n limited Credit Report and Business Information
M2n Limited Competitor Analysis
Perform a competitor analysis for m2n limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in B38 area or any other competitors across 12 key performance metrics.
m2n limited Ownership
M2N LIMITED group structure
M2N Limited has no subsidiary companies.
Ultimate parent company
M2N LIMITED
03997482
m2n limited directors
M2N Limited currently has 2 directors. The longest serving directors include Mr Stuart Wright (May 2000) and Ms Vicki Wright (Jun 2004).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Stuart Wright | England | 59 years | May 2000 | - | Director |
Ms Vicki Wright | England | 56 years | Jun 2004 | - | Director |
P&L
May 2023turnover
570.1k
-38%
operating profit
-33.7k
0%
gross margin
26%
-2.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
256.5k
-0.12%
total assets
293.1k
-0.27%
cash
0
0%
net assets
Total assets minus all liabilities
m2n limited company details
company number
03997482
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
May 2000
age
24
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
26 the green, kings norton, birmingham, B38 8SD
Bank
-
Legal Advisor
-
m2n 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 m2n limited.
m2n limited Companies House Filings - See Documents
date | description | view/download |
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