monitane holdings limited
monitane holdings limited Company Information
Company Number
04838311
Next Accounts
2243 days late
Shareholders
ellestone apparel llp
stephen william jack
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
22 york buildings, john adam street, london, WC2N 6JU
Website
-monitane holdings limited Estimated Valuation
Pomanda estimates the enterprise value of MONITANE HOLDINGS LIMITED at £73.1m based on a Turnover of £95m and 0.77x industry multiple (adjusted for size and gross margin).
monitane holdings limited Estimated Valuation
Pomanda estimates the enterprise value of MONITANE HOLDINGS LIMITED at £0 based on an EBITDA of £-6.2m and a 5.91x industry multiple (adjusted for size and gross margin).
monitane holdings limited Estimated Valuation
Pomanda estimates the enterprise value of MONITANE HOLDINGS LIMITED at £0 based on Net Assets of £-2.2m and 2.14x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Monitane Holdings Limited Overview
Monitane Holdings Limited is a live company located in london, WC2N 6JU with a Companies House number of 04838311. It operates in the activities of head offices sector, SIC Code 70100. Founded in July 2003, it's largest shareholder is ellestone apparel llp with a 95.8% stake. Monitane Holdings Limited is a mature, large sized company, Pomanda has estimated its turnover at £95m with rapid growth in recent years.
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Monitane Holdings Limited Health Check
Pomanda's financial health check has awarded Monitane Holdings Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 8 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
8 Weak
Size
annual sales of £95m, make it larger than the average company (£16.2m)
£95m - Monitane Holdings Limited
£16.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (4.4%)
33% - Monitane Holdings Limited
4.4% - Industry AVG
Production
with a gross margin of 12.3%, this company has a higher cost of product (32.1%)
12.3% - Monitane Holdings Limited
32.1% - Industry AVG
Profitability
an operating margin of -10.1% make it less profitable than the average company (5.2%)
-10.1% - Monitane Holdings Limited
5.2% - Industry AVG
Employees
with 7790 employees, this is above the industry average (112)
7790 - Monitane Holdings Limited
112 - Industry AVG
Pay Structure
on an average salary of £2.7k, the company has a lower pay structure (£38.1k)
£2.7k - Monitane Holdings Limited
£38.1k - Industry AVG
Efficiency
resulting in sales per employee of £12.2k, this is less efficient (£157.1k)
£12.2k - Monitane Holdings Limited
£157.1k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (50 days)
62 days - Monitane Holdings Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (48 days)
28 days - Monitane Holdings Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 49 days, this is more than average (40 days)
49 days - Monitane Holdings Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (13 weeks)
4 weeks - Monitane Holdings Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.6%, this is a higher level of debt than the average (63.2%)
102.6% - Monitane Holdings Limited
63.2% - Industry AVG
MONITANE HOLDINGS LIMITED financials
Monitane Holdings Limited's latest turnover from March 2017 is £95 million and the company has net assets of -£2.2 million. According to their latest financial statements, Monitane Holdings Limited has 7,790 employees and maintains cash reserves of £4.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 95,044,821 | 60,048,211 | 57,760,859 | 40,057,000 | 74,879,000 | 83,522,000 | 82,257,000 | 74,585,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 83,367,985 | 49,352,919 | 48,450,301 | 36,682,000 | 65,959,000 | 74,071,000 | 73,347,000 | 64,999,000 |
| Gross Profit | 11,676,836 | 10,695,292 | 9,310,558 | 3,375,000 | 8,920,000 | 9,451,000 | 8,910,000 | 9,586,000 |
| Admin Expenses | 21,244,444 | 9,734,087 | 8,795,795 | 4,454,000 | 8,661,000 | 8,926,000 | 8,214,000 | 6,784,000 |
| Operating Profit | -9,567,608 | 961,205 | 514,763 | -1,079,000 | 259,000 | 525,000 | 696,000 | 2,802,000 |
| Interest Payable | 2,308,851 | 1,117,891 | 1,215,026 | 1,134,000 | 923,000 | 838,000 | 728,000 | 1,032,000 |
| Interest Receivable | 64,783 | 142,372 | 38,645 | 38,000 | 23,000 | 112,000 | 109,000 | 77,000 |
| Pre-Tax Profit | -11,811,676 | 812,806 | 117,483 | -6,050,000 | -641,000 | -201,000 | 77,000 | 1,847,000 |
| Tax | 706,591 | -492,655 | -396,506 | -91,000 | -101,000 | 75,000 | 0 | 0 |
| Profit After Tax | -11,105,085 | 320,151 | -279,023 | -6,141,000 | -742,000 | -126,000 | 77,000 | 1,847,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -14,937,100 | 395,480 | -279,023 | -6,141,000 | -742,000 | -126,000 | 77,000 | 1,847,000 |
| Employee Costs | 20,910,734 | 11,671,563 | 9,853,919 | 8,027,000 | 11,080,000 | 9,128,000 | 8,048,000 | 7,298,000 |
| Number Of Employees | 7,790 | 7,945 | 5,359 | 6,665 | 5,106 | 4,953 | 4,010 | 3,233 |
| EBITDA* | -6,183,051 | 3,364,218 | 1,448,446 | 550,000 | 1,394,000 | 1,258,000 | 1,350,000 | 3,369,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,195,103 | 9,407,909 | 6,619,261 | 7,153,000 | 7,460,000 | 6,327,000 | 4,170,000 | 3,162,000 |
| Intangible Assets | 12,124,294 | 12,249,341 | 0 | 0 | 808,000 | 916,000 | 1,024,000 | 0 |
| Investments & Other | 980,791 | 2,536,347 | 0 | 0 | 85,000 | 78,000 | 85,000 | 85,000 |
| Debtors (Due After 1 year) | 721,657 | 271,186 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 28,021,846 | 24,464,783 | 6,619,261 | 7,153,000 | 8,353,000 | 7,321,000 | 5,279,000 | 3,247,000 |
| Stock & work in progress | 11,196,987 | 7,300,188 | 5,750,502 | 6,566,000 | 9,065,000 | 7,659,000 | 7,400,000 | 5,049,000 |
| Trade Debtors | 16,328,437 | 13,015,443 | 5,932,911 | 3,595,000 | 10,988,000 | 9,670,000 | 11,112,000 | 9,900,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 8,687,005 | 6,621,468 | 2,113,927 | 1,322,000 | 2,128,000 | 2,606,000 | 2,482,000 | 1,613,000 |
| Cash | 4,581,544 | 5,445,574 | 3,210,697 | 1,687,000 | 3,171,000 | 1,656,000 | 996,000 | 2,485,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 40,793,974 | 32,382,674 | 17,008,038 | 13,170,000 | 25,352,000 | 21,591,000 | 21,990,000 | 19,047,000 |
| total assets | 68,815,819 | 56,847,458 | 23,627,299 | 20,323,000 | 33,705,000 | 28,912,000 | 27,269,000 | 22,294,000 |
| Bank overdraft | 2,458,004 | 576,272 | 1 | 917,000 | 788,000 | 437,000 | 569,000 | 39,000 |
| Bank loan | 37,025,988 | 19,512,617 | 10,149,945 | 10,385,000 | 13,338,000 | 7,510,000 | 8,183,000 | 7,064,000 |
| Trade Creditors | 6,445,951 | 5,251,224 | 2,441,645 | 2,811,000 | 3,290,000 | 2,054,000 | 1,603,000 | 1,252,000 |
| Group/Directors Accounts | 1,250,471 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 5,318,000 | 6,860,000 | 7,108,000 | 5,044,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,404,143 | 3,099,811 | 2,191,992 | 4,525,000 | 5,327,000 | 6,276,000 | 4,658,000 | 4,451,000 |
| total current liabilities | 54,584,557 | 28,439,925 | 14,783,583 | 18,638,000 | 28,061,000 | 23,137,000 | 22,121,000 | 17,850,000 |
| loans | 13,581,167 | 16,660,640 | 6,077,446 | 1,249,000 | 1,725,000 | 1,664,000 | 1,063,000 | 224,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,506,591 | 1,506,591 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 923,635 | 465,000 | 433,000 | 0 | 0 | 0 |
| provisions | 0 | 558,945 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 16,027,119 | 19,800,377 | 7,001,082 | 1,714,000 | 2,158,000 | 1,664,000 | 1,063,000 | 224,000 |
| total liabilities | 70,611,677 | 48,240,301 | 21,784,665 | 20,352,000 | 30,219,000 | 24,801,000 | 23,184,000 | 18,074,000 |
| net assets | -2,166,478 | 4,953,672 | 1,842,634 | -29,000 | 3,486,000 | 4,111,000 | 4,085,000 | 4,220,000 |
| total shareholders funds | -2,166,478 | 4,953,672 | 1,842,634 | -29,000 | 3,486,000 | 4,111,000 | 4,085,000 | 4,220,000 |
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -9,567,608 | 961,205 | 514,763 | -1,079,000 | 259,000 | 525,000 | 696,000 | 2,802,000 |
| Depreciation | 1,850,094 | 966,478 | 933,684 | 1,629,000 | 1,027,000 | 625,000 | 600,000 | 567,000 |
| Amortisation | 1,534,463 | 1,436,534 | 0 | 0 | 108,000 | 108,000 | 54,000 | 0 |
| Tax | 706,591 | -492,655 | -396,506 | -91,000 | -101,000 | 75,000 | 0 | 0 |
| Stock | 3,896,798 | 1,549,686 | -815,498 | -2,499,000 | 1,406,000 | 259,000 | 2,351,000 | 5,049,000 |
| Debtors | 5,829,002 | 11,861,259 | 3,129,838 | -8,199,000 | 840,000 | -1,318,000 | 2,081,000 | 11,513,000 |
| Creditors | 1,194,727 | 2,809,579 | -369,355 | -479,000 | 1,236,000 | 451,000 | 351,000 | 1,252,000 |
| Accruals and Deferred Income | 4,304,332 | 2,414,410 | -2,333,008 | -802,000 | -949,000 | 1,618,000 | 207,000 | 4,451,000 |
| Deferred Taxes & Provisions | -558,945 | 558,945 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -10,262,146 | -4,756,449 | -3,964,762 | 9,876,000 | -666,000 | 4,461,000 | -2,524,000 | -7,490,000 |
| Investing Activities | ||||||||
| capital expenditure | -7,527,683 | -2,533,333 | 2,698,253 | -1,491,000 | -1,855,000 | -2,746,000 | -1,691,000 | 233,000 |
| Change in Investments | -1,555,556 | 2,536,347 | 0 | -85,000 | 7,000 | -7,000 | 0 | 85,000 |
| cash flow from investments | -5,972,127 | -5,069,680 | 2,698,253 | -1,406,000 | -1,862,000 | -2,739,000 | -1,691,000 | 148,000 |
| Financing Activities | ||||||||
| Bank loans | 17,513,371 | 9,362,672 | -235,055 | -2,953,000 | 5,828,000 | -673,000 | 1,119,000 | 7,064,000 |
| Group/Directors Accounts | 1,250,471 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -5,318,000 | -1,542,000 | -248,000 | 2,064,000 | 5,044,000 |
| Long term loans | -3,079,473 | 10,583,194 | 4,828,446 | -476,000 | 61,000 | 601,000 | 839,000 | 224,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -923,635 | 458,635 | 32,000 | 433,000 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -2,244,068 | -975,519 | -1,176,381 | -1,096,000 | -900,000 | -726,000 | -619,000 | -955,000 |
| cash flow from financing | 21,257,250 | 20,762,270 | 6,026,302 | -7,185,000 | 3,997,000 | -894,000 | 3,191,000 | 13,750,000 |
| cash and cash equivalents | ||||||||
| cash | -864,030 | 2,234,877 | 1,523,697 | -1,484,000 | 1,515,000 | 660,000 | -1,489,000 | 2,485,000 |
| overdraft | 1,881,732 | 576,271 | -916,999 | 129,000 | 351,000 | -132,000 | 530,000 | 39,000 |
| change in cash | -2,745,762 | 1,658,606 | 2,440,696 | -1,613,000 | 1,164,000 | 792,000 | -2,019,000 | 2,446,000 |
monitane holdings limited Credit Report and Business Information
Monitane Holdings Limited Competitor Analysis
Perform a competitor analysis for monitane holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in WC2N area or any other competitors across 12 key performance metrics.
monitane holdings limited Ownership
MONITANE HOLDINGS LIMITED group structure
Monitane Holdings Limited has no subsidiary companies.
monitane holdings limited directors
Monitane Holdings Limited currently has 2 directors. The longest serving directors include Mr Dominic McVey (Aug 2013) and Mr James Gallon (Aug 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dominic McVey | 40 years | Aug 2013 | - | Director | |
| Mr James Gallon | Monaco | 41 years | Aug 2013 | - | Director |
P&L
March 2017turnover
95m
+58%
operating profit
-9.6m
-1095%
gross margin
12.3%
-31.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2017net assets
-2.2m
-1.44%
total assets
68.8m
+0.21%
cash
4.6m
-0.16%
net assets
Total assets minus all liabilities
monitane holdings limited company details
company number
04838311
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
July 2003
age
22
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2017
previous names
continental shelf 280 limited (October 2003)
accountant
-
auditor
-
address
22 york buildings, john adam street, london, WC2N 6JU
Bank
-
Legal Advisor
-
monitane holdings 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 5 charges/mortgages relating to monitane holdings limited. Currently there are 0 open charges and 5 have been satisfied in the past.
monitane holdings 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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monitane holdings limited Companies House Filings - See Documents
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