middle east development servicesEstimated Valuation
£11.4k
Pomanda estimates the enterprise value of MIDDLE EAST DEVELOPMENT SERVICES at £11.4k based on a Turnover of £23.1k and 0.5x industry multiple (adjusted for size and gross margin).
middle east development servicesEstimated Valuation
£0
Pomanda estimates the enterprise value of MIDDLE EAST DEVELOPMENT SERVICES at £0 based on an EBITDA of £-20.7k and a 3.82x industry multiple (adjusted for size and gross margin).
middle east development servicesEstimated Valuation
£49.9k
Pomanda estimates the enterprise value of MIDDLE EAST DEVELOPMENT SERVICES at £49.9k based on Net Assets of £21.3k and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Middle East Development ServicesOverview
Middle East Development Services is a live company located in london, EC1V 2NX with a Companies House number of 04076242. It operates in the other human health activities sector, SIC Code 86900. Founded in September 2000, it's largest shareholder is
unknown.
Middle East Development Services is a mature,
micro sized company, Pomanda has estimated its turnover at
£23.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded Middle East Development Services a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £23.1k, make it smaller than the average company (£728.4k)
£23.1k - Middle East Development Services
£728.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (7.2%)
-1% - Middle East Development Services
7.2% - Industry AVG
Production
with a gross margin of 38.6%, this company has a comparable cost of product (38.6%)
38.6% - Middle East Development Services
38.6% - Industry AVG
Profitability
an operating margin of -89.7% make it less profitable than the average company (5.2%)
-89.7% - Middle East Development Services
5.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (18)
1 - Middle East Development Services
18 - Industry AVG
Pay Structure
on an average salary of £1.7k, the company has a lower pay structure (£26.5k)
£1.7k - Middle East Development Services
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £23.1k, this is less efficient (£45.8k)
£23.1k - Middle East Development Services
£45.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Middle East Development Services
- - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (18 days)
15 days - Middle East Development Services
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Middle East Development Services
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 916 weeks, this is more cash available to meet short term requirements (126 weeks)
916 weeks - Middle East Development Services
126 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.3%, this is a lower level of debt than the average (22.4%)
5.3% - Middle East Development Services
22.4% - Industry AVG
MIDDLE EAST DEVELOPMENT SERVICES financials
EXPORT
Middle East Development Services's latest turnover from March 2024 is £23.1 thousand and the company has net assets of £21.3 thousand. According to their latest financial statements, Middle East Development Services has 1 employee and maintains cash reserves of £21.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
23,064
41,684
23,402
23,875
4,699
13,739
34,206
21,300
12,019
24,562
15,497
9,540
22,944
38,528
28,863
Other Income Or Grants
Cost Of Sales
14,164
26,032
14,903
15,702
3,003
8,940
21,541
12,997
7,495
15,286
9,607
5,756
13,189
21,636
16,355
Gross Profit
8,900
15,652
8,499
8,173
1,696
4,799
12,665
8,303
4,524
9,276
5,890
3,784
9,755
16,892
12,508
Admin Expenses
29,601
2,923
11,167
-6,082
7,383
10,683
6,959
-21,179
9,547
25,027
12,169
19,916
12,399
-21,580
-3,663
Operating Profit
-20,701
12,729
-2,668
14,255
-5,687
-5,884
5,706
29,482
-5,023
-15,751
-6,279
-16,132
-2,644
38,472
16,171
Interest Payable
Interest Receivable
Pre-Tax Profit
-19,232
11,312
-2,492
11,562
-5,670
-5,706
4,722
23,623
-4,923
-15,647
-6,171
-15,975
-2,467
27,782
11,664
Tax
Profit After Tax
-19,232
11,312
-2,492
11,562
-5,670
-5,706
4,722
23,623
-4,923
-15,647
-6,171
-15,975
-2,467
27,782
11,664
Dividends Paid
Retained Profit
-19,232
11,312
-2,492
11,562
-5,670
-5,706
4,722
23,623
-4,923
-15,647
-6,171
-15,975
-2,467
27,782
11,664
Employee Costs
1,704
1,476
1,083
23,186
21,496
21,408
21,157
21,845
21,682
21,534
21,322
41,888
20,446
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
1
1
2
1
EBITDA*
-20,701
12,729
-2,668
14,255
-5,687
-5,884
5,706
29,482
-5,023
-15,020
-4,817
-15,401
-1,913
38,472
16,171
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
4,390
4,390
4,390
4,390
4,390
4,390
4,390
4,390
4,390
5,121
5,852
6,583
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,390
4,390
4,390
4,390
4,390
4,390
4,390
4,390
4,390
5,121
5,852
6,583
Stock & work in progress
Trade Debtors
Group Debtors
507
Misc Debtors
1,313
2,732
1,392
3,772
1,402
1,474
885
250
125
125
3,044
125
3,566
7,935
2,831
Cash
21,145
34,803
23,396
23,508
14,345
20,256
27,202
22,122
15,658
24,202
17,338
25,679
36,960
34,027
11,564
misc current assets
total current assets
22,458
37,535
24,788
27,280
15,747
21,730
28,594
22,372
15,783
24,327
20,382
25,804
40,526
41,962
14,395
total assets
22,458
41,925
29,178
31,670
20,137
26,120
32,984
26,762
20,173
28,717
25,503
31,656
47,109
41,962
14,395
Bank overdraft
Bank loan
Trade Creditors
600
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
600
1,435
29
342
1,500
17,034
20,655
1,794
1,776
1,254
954
1,169
total current liabilities
1,200
1,435
29
342
1,500
17,034
20,655
1,794
1,776
1,254
954
1,169
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,200
1,435
29
342
1,500
17,034
20,655
1,794
1,776
1,254
954
1,169
net assets
21,258
40,490
29,178
31,670
20,108
25,778
31,484
26,762
3,139
8,062
23,709
29,880
45,855
41,008
13,226
total shareholders funds
21,258
40,490
29,178
31,670
20,108
25,778
31,484
26,762
3,139
8,062
23,709
29,880
45,855
41,008
13,226
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-20,701
12,729
-2,668
14,255
-5,687
-5,884
5,706
29,482
-5,023
-15,751
-6,279
-16,132
-2,644
38,472
16,171
Depreciation
731
1,462
731
731
Amortisation
Tax
Stock
Debtors
-1,419
1,340
-2,380
2,370
-72
82
1,142
125
-2,919
2,919
-3,441
-4,369
5,104
2,831
Creditors
600
Accruals and Deferred Income
-835
1,435
-29
-313
-1,158
1,500
-17,034
-3,621
18,861
18
522
300
-215
1,169
Deferred Taxes & Provisions
Cash flow from operations
-19,517
12,824
-288
11,856
-5,928
-7,124
6,064
12,323
-8,644
6,760
-7,718
-11,438
2,756
33,153
14,509
Investing Activities
capital expenditure
4,390
-731
-7,314
Change in Investments
cash flow from investments
4,390
-731
-7,314
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
7,314
1,562
interest
cash flow from financing
7,314
1,562
cash and cash equivalents
cash
-13,658
11,407
-112
9,163
-5,911
-6,946
5,080
6,464
-8,544
6,864
-8,341
-11,281
2,933
22,463
11,564
overdraft
change in cash
-13,658
11,407
-112
9,163
-5,911
-6,946
5,080
6,464
-8,544
6,864
-8,341
-11,281
2,933
22,463
11,564
middle east development services Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for middle east development services. Get real-time insights into middle east development services's credit score, group structure and payment trends.
Middle East Development Services Competitor Analysis
Perform a competitor analysis for middle east development services by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.
middle east development services Ownership
MIDDLE EAST DEVELOPMENT SERVICES group structure
Middle East Development Services has no subsidiary companies.
Ultimate parent company
MIDDLE EAST DEVELOPMENT SERVICES
04076242
MIDDLE EAST DEVELOPMENT SERVICES Shareholders
The sole shareholder of Middle East Development Services is -.
-
-
middle east development services directors
Middle East Development Services currently has 6 directors.
The longest serving directors include
Ms Clare Crawford (Oct 2017) and
Mr Roy Miller (Nov 2022).
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
86900 - Other human health activities
incorporation date
September 2000
age
25
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
ALONGSIDE ACCOUNTING
auditor
-
address
capital office 124 city road, london, EC1V 2NX
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
WELLERS
middle east development services 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 middle east development services.
middle east development services 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 MIDDLE EAST DEVELOPMENT SERVICES. This can take several minutes, an email will notify you when this has completed.
middle east development servicesCompanies House Filings - See Documents
