middlesbrough voluntary development agency
middlesbrough voluntary development agency Company Information
Company Number
04509224
Website
http://mvda.infoRegistered Address
st marys centre, 82-90 corporation road, middlesbrough, TS1 2RW
Industry
Other business support service activities n.e.c.
Activities of other membership organisations n.e.c.
Telephone
01642249300
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
middlesbrough voluntary development agency Estimated Valuation
Pomanda estimates the enterprise value of MIDDLESBROUGH VOLUNTARY DEVELOPMENT AGENCY at £551.4k based on a Turnover of £686.7k and 0.8x industry multiple (adjusted for size and gross margin).
middlesbrough voluntary development agency Estimated Valuation
Pomanda estimates the enterprise value of MIDDLESBROUGH VOLUNTARY DEVELOPMENT AGENCY at £845.5k based on an EBITDA of £181.5k and a 4.66x industry multiple (adjusted for size and gross margin).
middlesbrough voluntary development agency Estimated Valuation
Pomanda estimates the enterprise value of MIDDLESBROUGH VOLUNTARY DEVELOPMENT AGENCY at £1.8m based on Net Assets of £644.3k and 2.73x industry multiple (adjusted for liquidity).
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Middlesbrough Voluntary Development Agency Overview
Middlesbrough Voluntary Development Agency is a live company located in middlesbrough, TS1 2RW with a Companies House number of 04509224. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in August 2002, it's largest shareholder is unknown. Middlesbrough Voluntary Development Agency is a mature, small sized company, Pomanda has estimated its turnover at £686.7k with high growth in recent years.
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Middlesbrough Voluntary Development Agency Health Check
Pomanda's financial health check has awarded Middlesbrough Voluntary Development Agency 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
3 Regular
3 Weak
Size
annual sales of £686.7k, make it smaller than the average company (£1.4m)
£686.7k - Middlesbrough Voluntary Development Agency
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (5.2%)
19% - Middlesbrough Voluntary Development Agency
5.2% - Industry AVG
Production
with a gross margin of 51.1%, this company has a comparable cost of product (51.1%)
51.1% - Middlesbrough Voluntary Development Agency
51.1% - Industry AVG
Profitability
an operating margin of 26.4% make it more profitable than the average company (5.3%)
26.4% - Middlesbrough Voluntary Development Agency
5.3% - Industry AVG
Employees
with 10 employees, this is below the industry average (15)
10 - Middlesbrough Voluntary Development Agency
15 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.8k)
£31.2k - Middlesbrough Voluntary Development Agency
£31.8k - Industry AVG
Efficiency
resulting in sales per employee of £68.7k, this is equally as efficient (£78.4k)
£68.7k - Middlesbrough Voluntary Development Agency
£78.4k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (27 days)
2 days - Middlesbrough Voluntary Development Agency
27 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (32 days)
1 days - Middlesbrough Voluntary Development Agency
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Middlesbrough Voluntary Development Agency
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 361 weeks, this is more cash available to meet short term requirements (135 weeks)
361 weeks - Middlesbrough Voluntary Development Agency
135 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.2%, this is a lower level of debt than the average (32.8%)
10.2% - Middlesbrough Voluntary Development Agency
32.8% - Industry AVG
MIDDLESBROUGH VOLUNTARY DEVELOPMENT AGENCY financials
Middlesbrough Voluntary Development Agency's latest turnover from March 2023 is £686.7 thousand and the company has net assets of £644.3 thousand. According to their latest financial statements, Middlesbrough Voluntary Development Agency has 10 employees and maintains cash reserves of £510.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 686,731 | 454,657 | 477,535 | 410,574 | 863,102 | 1,136,834 | 1,000,400 | 422,828 | 318,414 | 974,201 | 933,527 | 1,045,699 | 690,043 | 661,021 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 164,162 | -55,126 | -187,062 | -370,743 | -15,845 | 133,521 | 350,856 | -105,678 | -128,498 | 174,410 | 7,843 | 405,516 | -5,914 | 67,551 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 164,162 | -55,126 | -187,062 | -370,743 | -15,845 | 133,521 | 350,856 | -105,678 | -128,498 | 174,410 | 7,843 | 405,516 | -5,914 | 67,551 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 164,162 | -55,126 | -187,062 | -370,743 | -15,845 | 133,521 | 350,856 | -105,678 | -128,498 | 174,410 | 7,843 | 405,516 | -5,914 | 67,551 |
| Employee Costs | 312,296 | 379,331 | 386,274 | 490,621 | 499,137 | 555,061 | 363,501 | 375,276 | 293,868 | 305,639 | 336,472 | 350,323 | 441,154 | 372,964 |
| Number Of Employees | 10 | 13 | 13 | 18 | 20 | 23 | 17 | 17 | 14 | 12 | 13 | 12 | 15 | 15 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 466 | 934 | 1,402 | 1,870 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,718 |
| 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 | 466 | 934 | 1,402 | 1,870 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,718 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,240 | 5,306 | 47,207 | 5,349 | 24,078 | 73,456 | 44,919 | 62,365 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 201,220 | 7,651 | 56,707 | 70,332 | 20,309 | 27,036 | 0 | 0 | 56,646 | 143,515 | 22,243 | 7,039 | 18,650 | 36,363 |
| Cash | 510,901 | 507,859 | 495,386 | 691,390 | 1,094,505 | 1,077,954 | 1,104,371 | 584,789 | 697,418 | 760,168 | 1,315,163 | 1,076,300 | 334,618 | 281,829 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 717,361 | 520,816 | 599,300 | 767,071 | 1,138,892 | 1,178,446 | 1,149,290 | 647,154 | 754,064 | 903,683 | 1,337,406 | 1,083,339 | 353,268 | 318,192 |
| total assets | 717,827 | 521,750 | 600,702 | 768,941 | 1,138,892 | 1,178,446 | 1,149,290 | 647,154 | 754,064 | 903,683 | 1,337,406 | 1,083,339 | 353,268 | 319,910 |
| 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 | 1,427 | 13,716 | 39,115 | 28,613 | 25,738 | 22,725 | 9,839 | 0 | 0 | 0 | 0 | 515 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 72,057 | 27,853 | 26,280 | 17,959 | 20,041 | 46,763 | 164,014 | 22,573 | 23,805 | 44,926 | 653,059 | 406,320 | 82,280 | 43,008 |
| total current liabilities | 73,484 | 41,569 | 65,395 | 46,572 | 45,779 | 69,488 | 173,853 | 22,573 | 23,805 | 44,926 | 653,059 | 406,835 | 82,280 | 43,008 |
| 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 | 73,484 | 41,569 | 65,395 | 46,572 | 45,779 | 69,488 | 173,853 | 22,573 | 23,805 | 44,926 | 653,059 | 406,835 | 82,280 | 43,008 |
| net assets | 644,343 | 480,181 | 535,307 | 722,369 | 1,093,113 | 1,108,958 | 975,437 | 624,581 | 730,259 | 858,757 | 684,347 | 676,504 | 270,988 | 276,902 |
| total shareholders funds | 644,343 | 480,181 | 535,307 | 722,369 | 1,093,113 | 1,108,958 | 975,437 | 624,581 | 730,259 | 858,757 | 684,347 | 676,504 | 270,988 | 276,902 |
| 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 | ||||||||||||||
| Depreciation | 468 | 468 | 468 | 0 | 0 | 0 | 0 | 0 | 14,918 | 0 | 0 | 0 | 1,718 | 1,723 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 193,503 | -90,957 | 28,233 | 31,294 | -56,105 | 55,573 | -17,446 | 5,719 | -86,869 | 121,272 | 15,204 | -11,611 | -17,713 | 36,363 |
| Creditors | -12,289 | -25,399 | 10,502 | 2,875 | 3,013 | 12,886 | 9,839 | 0 | 0 | 0 | -515 | 515 | 0 | 0 |
| Accruals and Deferred Income | 44,204 | 1,573 | 8,321 | -2,082 | -26,722 | -117,251 | 141,441 | -1,232 | -21,121 | -608,133 | 246,739 | 324,040 | 39,272 | 43,008 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 209,351 |
| cash and cash equivalents | ||||||||||||||
| cash | 3,042 | 12,473 | -196,004 | -403,115 | 16,551 | -26,417 | 519,582 | -112,629 | -62,750 | -554,995 | 238,863 | 741,682 | 52,789 | 281,829 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,042 | 12,473 | -196,004 | -403,115 | 16,551 | -26,417 | 519,582 | -112,629 | -62,750 | -554,995 | 238,863 | 741,682 | 52,789 | 281,829 |
middlesbrough voluntary development agency Credit Report and Business Information
Middlesbrough Voluntary Development Agency Competitor Analysis
Perform a competitor analysis for middlesbrough voluntary development agency by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in TS1 area or any other competitors across 12 key performance metrics.
middlesbrough voluntary development agency Ownership
MIDDLESBROUGH VOLUNTARY DEVELOPMENT AGENCY group structure
Middlesbrough Voluntary Development Agency has no subsidiary companies.
Ultimate parent company
MIDDLESBROUGH VOLUNTARY DEVELOPMENT AGENCY
04509224
middlesbrough voluntary development agency directors
Middlesbrough Voluntary Development Agency currently has 5 directors. The longest serving directors include Mr John Daniels (Oct 2003) and Mrs. Amanda Buck (May 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Daniels | 65 years | Oct 2003 | - | Director | |
| Mrs. Amanda Buck | 53 years | May 2011 | - | Director | |
| Mrs Michelle O'Rourke | 41 years | Aug 2014 | - | Director | |
| Mrs Nicola Harkin | England | 48 years | May 2016 | - | Director |
| Mr Carl Ditchburn | England | 61 years | Sep 2024 | - | Director |
P&L
March 2023turnover
686.7k
+51%
operating profit
181k
0%
gross margin
51.2%
-2.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
644.3k
+0.34%
total assets
717.8k
+0.38%
cash
510.9k
+0.01%
net assets
Total assets minus all liabilities
middlesbrough voluntary development agency company details
company number
04509224
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
63990 - Other information service activities n.e.c.
82990 - Other business support service activities n.e.c.
94990 - Activities of other membership organisations n.e.c.
incorporation date
August 2002
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
JANE ASCROFT
auditor
-
address
st marys centre, 82-90 corporation road, middlesbrough, TS1 2RW
Bank
YORKSHIRE BANK PLC, YORKSHIRE BANK PLC
Legal Advisor
-
middlesbrough voluntary development agency 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 middlesbrough voluntary development agency.
middlesbrough voluntary development agency Companies House Filings - See Documents
| date | description | view/download |
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