M9 (it) Limited

POWER SEARCH PRICING

SOLUTIONS

m9 (it) limited Company Information

Dissolved

Company Number

04343900

Website

www.m9-group.com

Registered Address

acora house albert drive, burgess hill, RH15 9TN

Industry

Computer facilities management activities

Telephone

02036678282

Next Accounts Due

October 2024

Group Structure

View All

Directors

David Hemmings2 Years

David Rabson2 Years

View All

Shareholders

acora limited 100%

m9 (it) limited Estimated Valuation

£3.1m

Pomanda estimates the enterprise value of M9 (IT) LIMITED at £3.1m based on an EBITDA of £481.4k and a 6.42x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

M9 (it) Limited is a dissolved company that was located in burgess hill, RH15 9TN with a Companies House number of 04343900. It operated in the computer facilities management activities sector, SIC Code 62030. Founded in December 2001, it's largest shareholder was acora limited with a 100% stake. The last turnover for M9 (it) Limited was estimated at £1.9m.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded M9 (It) Limited a 4.5 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

Health Rating4.5out of 5

5 Strong

4 Regular

3 Weak

Size

annual sales of £1.9m, make it in line with the average company (£2m)

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (8.2%)

EXPORT

M9 (It) Limited's latest turnover from October 2021 is estimated at £1.9 million and the company has net assets of -£208.8 thousand. According to their latest financial statements, M9 (It) Limited has 27 employees and maintains cash reserves of £242 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Oct 2021	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	1,875,676	1,717,103	2,170,184	1,876,883	2,309,713	2,340,053	2,782,009	2,065,588	909,357	2,370,806	1,657,504	727,337	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	936,181	937,387	1,047,849	910,611	1,164,771	1,096,562	1,477,700	1,179,319	497,904	1,144,390	887,929	320,357	0
Gross Profit	939,495	779,715	1,122,335	966,272	1,144,942	1,243,491	1,304,309	886,269	411,453	1,226,416	769,575	406,981	0
Admin Expenses	467,845	322,460	681,760	998,137	906,878	1,261,292	1,590,874	1,113,803	965,102	1,603,559	1,187,948	679,634	307,968
Operating Profit	471,650	457,255	440,575	-31,865	238,064	-17,801	-286,565	-227,534	-553,649	-377,143	-418,373	-272,653	-307,968
Interest Payable	40,059	58,372	76,146	85,523	87,549	76,991	33,345	0	0	0	0	0	0
Interest Receivable	287	225	924	1,064	1,229	454	333	334	474	562	188	126	91
Pre-Tax Profit	431,879	399,107	365,352	-116,324	151,744	-94,338	-319,577	-227,200	-553,175	-376,581	-418,185	-272,527	-307,877
Tax	-82,057	-75,830	-69,417	0	-28,831	0	0	0	0	0	0	0	0
Profit After Tax	349,822	323,277	295,935	-116,324	122,913	-94,338	-319,577	-227,200	-553,175	-376,581	-418,185	-272,527	-307,877
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	349,822	323,277	295,935	-116,324	122,913	-94,338	-319,577	-227,200	-553,175	-376,581	-418,185	-272,527	-307,877
Employee Costs	1,272,173	1,330,526	1,206,383	1,466,562	1,528,608	1,453,402	1,664,087	646,295	331,827	752,910	569,634	275,182	0
Number Of Employees	27	27	27	31	31	31	35	14	8	21	16	9	0
EBITDA*	481,425	472,586	470,180	24,263	302,179	122,320	-127,827	-102,091	-413,513	-260,020	-379,963	-255,101	-305,993

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Oct 2021	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	7,756	13,728	28,403	43,834	91,090	118,718	176,118	129,836	137,773	194,824	117,604	71,012	26,762
Intangible Assets	0	0	0	0	0	160	62,629	137,214	211,799	278,543	344,110	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	500	0	0	0
Debtors (Due After 1 year)	0	0	59,521	58,757	59,057	0	0	0	0	0	0	0	0
Total Fixed Assets	7,756	13,728	87,924	102,591	150,147	118,878	238,747	267,050	349,572	473,867	461,714	71,012	26,762
Stock & work in progress	8,148	80	26,038	2,106	444	10,132	0	0	0	0	0	0	1,615
Trade Debtors	250,365	119,906	260,272	130,180	295,269	263,619	265,280	270,779	57,430	313,223	223,334	80,192	35,320
Group Debtors	226,466	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	304,022	233,633	87,365	77,209	79,416	25,091	29,908	0	0	0	0	0	0
Cash	241,977	332,951	116,047	130,247	153,569	337,992	25,472	107,639	25,813	163,700	61,159	14,197	36,343
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,030,978	686,570	489,722	339,742	528,698	636,834	320,660	378,418	83,243	476,923	284,493	94,389	73,278
total assets	1,038,734	700,298	577,646	442,333	678,845	755,712	559,407	645,468	432,815	950,790	746,207	165,401	100,040
Bank overdraft	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
Trade Creditors	205,603	219,793	335,762	206,134	285,108	236,352	322,010	605,148	561,711	568,706	466,921	285,805	147,917
Group/Directors Accounts	270,931	926	2,026	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
hp & lease commitments	0	0	0	0	4,547	18,303	18,864	0	0	0	0	0	0
other current liabilities	393,207	100,661	143,530	136,143	194,646	247,800	269,242	0	0	0	0	0	0
total current liabilities	869,741	321,380	481,318	342,277	484,301	502,455	610,116	605,148	561,711	568,706	466,921	285,805	147,917
loans	377,830	935,577	978,264	1,277,927	1,256,091	1,437,717	1,025,999	0	0	0	0	0	0
hp & lease commitments	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
other liabilities	0	0	0	0	0	0	13,414	810,865	414,449	1,747,254	1,267,875	450,000	250,000
provisions	0	2,000	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	377,830	937,577	978,264	1,277,927	1,256,091	1,437,717	1,039,413	810,865	414,449	1,747,254	1,267,875	450,000	250,000
total liabilities	1,247,571	1,258,957	1,459,582	1,620,204	1,740,392	1,940,172	1,649,529	1,416,013	976,160	2,315,960	1,734,796	735,805	397,917
net assets	-208,837	-558,659	-881,936	-1,177,871	-1,061,547	-1,184,460	-1,090,122	-770,545	-543,345	-1,365,170	-988,589	-570,404	-297,877
total shareholders funds	-208,837	-558,659	-881,936	-1,177,871	-1,061,547	-1,184,460	-1,090,122	-770,545	-543,345	-1,365,170	-988,589	-570,404	-297,877

	Oct 2021	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	471,650	457,255	440,575	-31,865	238,064	-17,801	-286,565	-227,534	-553,649	-377,143	-418,373	-272,653	-307,968
Depreciation	9,775	15,331	29,605	56,128	63,955	77,652	84,153	50,858	65,712	45,581	26,545	17,552	1,975
Amortisation	0	0	0	0	160	62,469	74,585	74,585	74,424	71,542	11,865	0	0
Tax	-82,057	-75,830	-69,417	0	-28,831	0	0	0	0	0	0	0	0
Stock	8,068	-25,958	23,932	1,662	-9,688	10,132	0	0	0	0	0	-1,615	1,615
Debtors	427,314	-53,619	141,012	-167,596	145,032	-6,478	24,409	213,349	-255,793	89,889	143,142	44,872	35,320
Creditors	-14,190	-115,969	129,628	-78,974	48,756	-85,658	-283,138	43,437	-6,995	101,785	181,116	137,888	147,917
Accruals and Deferred Income	292,546	-42,869	7,387	-58,503	-53,154	-21,442	269,242	0	0	0	0	0	0
Deferred Taxes & Provisions	-2,000	2,000	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	240,342	319,495	372,834	52,720	133,606	11,566	-166,132	-272,003	-164,715	-248,124	-341,989	-160,470	-195,011
Investing Activities
capital expenditure	-3,803	-656	-14,174	-8,872	-36,327	-20,252	-130,435	-42,921	-16,341	-128,776	-429,112	-61,802	-28,737
Change in Investments	0	0	0	0	0	0	0	0	-500	500	0	0	0
cash flow from investments	-3,803	-656	-14,174	-8,872	-36,327	-20,252	-130,435	-42,921	-15,841	-129,276	-429,112	-61,802	-28,737
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	270,005	-1,100	2,026	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
Long term loans	-557,747	-42,687	-299,663	21,836	-181,626	411,718	1,025,999	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	-4,547	-13,756	-561	18,864	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	-13,414	-797,451	396,416	-1,332,805	479,379	817,875	200,000	250,000
share issue	0	0	0	0	0	0	0	0	1,375,000	0	0	0	10,000
interest	-39,772	-58,147	-75,222	-84,459	-86,320	-76,537	-33,012	334	474	562	188	126	91
cash flow from financing	-327,514	-101,934	-372,859	-67,170	-281,702	321,206	214,400	396,750	42,669	479,941	818,063	200,126	260,091
cash and cash equivalents
cash	-90,974	216,904	-14,200	-23,322	-184,423	312,520	-82,167	81,826	-137,887	102,541	46,962	-22,146	36,343
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-90,974	216,904	-14,200	-23,322	-184,423	312,520	-82,167	81,826	-137,887	102,541	46,962	-22,146	36,343

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for m9 (it) limited. Get real-time insights into m9 (it) limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for m9 (it) limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in RH15 area or any other competitors across 12 key performance metrics.

M9 (IT) LIMITED group structure

M9 (It) Limited has 1 subsidiary company.

Ultimate parent company

ARCHER TOPCO LIMITED

12490514

ACORA LIMITED

02348923

2 parents

M9 (IT) LIMITED

04343900

1 subsidiary

M9 SOFTWARE LIMITED

08099349

M9 (IT) LIMITED Shareholders

acora limited

100%

M9 (It) Limited currently has 4 directors. The longest serving directors include Mr David Hemmings (Nov 2021) and Mr David Rabson (Nov 2021).

officer	country	age	start	end	role
Mr David Hemmings	Wales	57 years	Nov 2021	-	Director
Mr David Rabson	United Kingdom	48 years	Nov 2021	-	Director
Mr Gary Page	England	51 years	Nov 2021	-	Director
Mr David Hemmings	England	57 years	Nov 2021	-	Director

P&L

October 2021

turnover

1.9m

+9%

operating profit

471.7k

gross margin

50.1%

+10.31%

turnover

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

Balance Sheet

October 2021

net assets

-208.8k

-0.63%

total assets

+0.48%

cash

242k

-0.27%

net assets

Total assets minus all liabilities

Similar Companies

studio logic limited

populous world ltd

cloudscape it ltd

bytesize consulting ltd

global warriors ltd

company number

04343900

Type

Private limited with Share Capital

industry

62030 - Computer facilities management activities

incorporation date

December 2001

ultimate parent company

ARCHER TOPCO LIMITED

previous names

bloxham mill services limited (March 2014)

linnells number fifty six limited (January 2002)

address

acora house albert drive, burgess hill, RH15 9TN

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 3 charges/mortgages relating to m9 (it) limited. Currently there are 0 open charges and 3 have been satisfied in the past.

m9 (it) limited Company Information

m9 (it) limited Estimated Valuation

m9 (it) limited Estimated Valuation

m9 (it) limited Estimated Valuation

M9 (it) Limited Overview

M9 (it) Limited Health Check

M9 (IT) LIMITED financials

m9 (it) limited Credit Report and Business Information

M9 (it) Limited Competitor Analysis

m9 (it) limited Ownership

m9 (it) limited directors

m9 (it) limited company details

m9 (it) limited Charges & Mortgages

m9 (it) limited Companies House Filings - See Documents