mesh digital limited
mesh digital limited Company Information
Company Number
04916894
Website
http://domainmonster.comRegistered Address
5th floor, the shipping building, old vinyl factory, hayes, middlesex, UB3 1HA
Industry
Data processing, hosting and related activities
Telephone
01483304030
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
hel bidco ltd 100%
mesh digital limited Estimated Valuation
Pomanda estimates the enterprise value of MESH DIGITAL LIMITED at £12.1m based on a Turnover of £11.6m and 1.04x industry multiple (adjusted for size and gross margin).
mesh digital limited Estimated Valuation
Pomanda estimates the enterprise value of MESH DIGITAL LIMITED at £15.7m based on an EBITDA of £2.8m and a 5.61x industry multiple (adjusted for size and gross margin).
mesh digital limited Estimated Valuation
Pomanda estimates the enterprise value of MESH DIGITAL LIMITED at £42m based on Net Assets of £16.7m and 2.52x industry multiple (adjusted for liquidity).
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Mesh Digital Limited Overview
Mesh Digital Limited is a live company located in hayes, UB3 1HA with a Companies House number of 04916894. It operates in the data processing, hosting and related activities sector, SIC Code 63110. Founded in September 2003, it's largest shareholder is hel bidco ltd with a 100% stake. Mesh Digital Limited is a mature, mid sized company, Pomanda has estimated its turnover at £11.6m with declining growth in recent years.
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Mesh Digital Limited Health Check
Pomanda's financial health check has awarded Mesh Digital Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £11.6m, make it larger than the average company (£5.8m)
£11.6m - Mesh Digital Limited
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (2.7%)
-6% - Mesh Digital Limited
2.7% - Industry AVG
Production
with a gross margin of 23.8%, this company has a higher cost of product (63.2%)
23.8% - Mesh Digital Limited
63.2% - Industry AVG
Profitability
an operating margin of 24.2% make it more profitable than the average company (5.3%)
24.2% - Mesh Digital Limited
5.3% - Industry AVG
Employees
with 74 employees, this is above the industry average (36)
- Mesh Digital Limited
36 - Industry AVG
Pay Structure
on an average salary of £68.1k, the company has an equivalent pay structure (£68.1k)
- Mesh Digital Limited
£68.1k - Industry AVG
Efficiency
resulting in sales per employee of £156.9k, this is equally as efficient (£158.3k)
- Mesh Digital Limited
£158.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mesh Digital Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (37 days)
13 days - Mesh Digital Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mesh Digital Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (15 weeks)
5 weeks - Mesh Digital Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.8%, this is a lower level of debt than the average (59.3%)
35.8% - Mesh Digital Limited
59.3% - Industry AVG
MESH DIGITAL LIMITED financials
Mesh Digital Limited's latest turnover from December 2022 is £11.6 million and the company has net assets of £16.7 million. According to their latest financial statements, we estimate that Mesh Digital Limited has 74 employees and maintains cash reserves of £876 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,610,000 | 11,712,000 | 12,885,000 | 14,104,000 | 13,446,000 | 13,972,000 | 14,261,000 | 10,848,000 | 9,374,000 | 7,896,000 | 4,870,000 | 2,353,000 | 2,331,427 | 1,711,048 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 8,851,000 | 8,997,000 | 10,138,000 | 11,268,000 | 11,905,000 | 11,786,000 | 11,057,000 | 8,646,000 | 6,822,000 | 6,150,000 | 3,403,000 | 1,463,000 | 1,584,849 | 1,125,742 |
| Gross Profit | 2,759,000 | 2,715,000 | 2,747,000 | 2,836,000 | 1,541,000 | 2,186,000 | 3,204,000 | 2,202,000 | 2,552,000 | 1,746,000 | 1,467,000 | 890,000 | 746,578 | 585,306 |
| Admin Expenses | -45,000 | 20,000 | 1,387,000 | 1,120,000 | -449,000 | 1,662,000 | -506,000 | 1,374,000 | 1,212,000 | 1,111,000 | 1,099,000 | 723,000 | 573,047 | 548,399 |
| Operating Profit | 2,804,000 | 2,695,000 | 1,360,000 | 1,716,000 | 1,990,000 | 524,000 | 3,710,000 | 828,000 | 1,340,000 | 635,000 | 368,000 | 167,000 | 173,531 | 36,907 |
| Interest Payable | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 0 | 0 | 0 | 0 | 5,000 | 5,000 | 3,605 | 5,302 |
| Interest Receivable | 206,000 | 256,000 | 197,000 | 65,000 | 28,000 | 8,000 | 18,000 | 27,000 | 27,000 | 18,000 | 8,000 | 0 | 0 | 0 |
| Pre-Tax Profit | 3,004,000 | 2,945,000 | 1,551,000 | 1,775,000 | 2,012,000 | 526,000 | 3,728,000 | 855,000 | 1,367,000 | 653,000 | 371,000 | 162,000 | 169,926 | 31,605 |
| Tax | -2,000 | 1,000 | -1,000 | 3,000 | -3,000 | 3,000 | -34,000 | 324,000 | -298,000 | 9,000 | -33,000 | -8,000 | 12,713 | 17,128 |
| Profit After Tax | 3,002,000 | 2,946,000 | 1,550,000 | 1,778,000 | 2,009,000 | 529,000 | 3,694,000 | 1,179,000 | 1,069,000 | 662,000 | 338,000 | 154,000 | 182,639 | 48,733 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 3,002,000 | 2,946,000 | 1,550,000 | 1,778,000 | 2,009,000 | 529,000 | 3,694,000 | 1,179,000 | 1,069,000 | 662,000 | 338,000 | 154,000 | 182,639 | 48,733 |
| Employee Costs | 212,000 | 526,000 | 634,000 | 536,000 | 560,000 | 335,000 | ||||||||
| Number Of Employees | 3 | 8 | 15 | 15 | 15 | 15 | ||||||||
| EBITDA* | 2,804,000 | 2,697,000 | 1,362,000 | 1,729,000 | 2,015,000 | 550,000 | 3,728,000 | 839,000 | 1,356,000 | 658,000 | 430,000 | 213,000 | 203,838 | 64,957 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 2,000 | 15,000 | 36,000 | 46,000 | 17,000 | 13,000 | 21,000 | 34,000 | 419,000 | 314,998 | 70,786 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 3,000 | 6,000 | 0 | 0 | 0 | 0 | 0 | 150,000 | 25,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 919,000 | 921,000 | 515,000 | 1,063,000 | 922,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 919,000 | 921,000 | 515,000 | 1,065,000 | 937,000 | 39,000 | 52,000 | 17,000 | 13,000 | 21,000 | 34,000 | 419,000 | 464,998 | 95,786 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 1,000 | 0 | 0 | 0 | 0 | 8,000 | 91,000 | 196,000 | 134,000 | 82,000 | 84,000 | 64,619 | 99,445 |
| Group Debtors | 17,949,000 | 13,743,000 | 13,429,000 | 10,349,000 | 7,101,000 | 5,872,000 | 5,994,000 | 1,277,000 | 848,000 | 301,000 | 152,000 | 0 | 0 | 0 |
| Misc Debtors | 6,248,000 | 5,872,000 | 6,776,000 | 7,060,000 | 6,830,000 | 1,803,000 | 862,000 | 1,481,000 | 518,000 | 362,000 | 282,000 | 116,000 | 55,049 | 0 |
| Cash | 876,000 | 2,091,000 | 416,000 | 1,374,000 | 1,920,000 | 301,000 | 486,000 | 539,000 | 1,748,000 | 769,000 | 274,000 | 66,000 | 51,467 | 39,140 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 25,073,000 | 21,707,000 | 20,621,000 | 18,783,000 | 15,851,000 | 7,976,000 | 7,350,000 | 3,388,000 | 3,310,000 | 1,566,000 | 790,000 | 266,000 | 171,135 | 138,585 |
| total assets | 25,992,000 | 22,628,000 | 21,136,000 | 19,848,000 | 16,788,000 | 8,015,000 | 7,402,000 | 3,405,000 | 3,323,000 | 1,587,000 | 824,000 | 685,000 | 636,133 | 234,371 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 21,266 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 325,000 | 373,000 | 200,000 | 211,000 | 7,000 | 67,000 | 310,000 | 271,000 | 630,000 | 259,000 | 215,000 | 232,000 | 131,832 | 535,580 |
| Group/Directors Accounts | 688,000 | 802,000 | 1,676,000 | 1,141,000 | 544,000 | 598,000 | 438,000 | 0 | 0 | 160,000 | 139,000 | 0 | 129,903 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 19,957 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 8,068,000 | 7,483,000 | 8,178,000 | 7,853,000 | 7,264,000 | 391,000 | 224,000 | 398,000 | 732,000 | 158,000 | 114,000 | 217,000 | 121,702 | 0 |
| total current liabilities | 9,081,000 | 8,658,000 | 10,054,000 | 9,205,000 | 7,815,000 | 1,056,000 | 972,000 | 669,000 | 1,362,000 | 577,000 | 468,000 | 470,000 | 424,660 | 535,580 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 197,000 | 205,043 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 350,000 | 1,461,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 231,000 | 292,000 | 0 | 0 | 1,569,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,000 | 8,000 | 0 | 0 |
| total long term liabilities | 231,000 | 292,000 | 350,000 | 1,461,000 | 1,569,000 | 0 | 0 | 0 | 0 | 0 | 8,000 | 205,000 | 205,043 | 0 |
| total liabilities | 9,312,000 | 8,950,000 | 10,404,000 | 10,666,000 | 9,384,000 | 1,056,000 | 972,000 | 669,000 | 1,362,000 | 577,000 | 476,000 | 675,000 | 629,703 | 535,580 |
| net assets | 16,680,000 | 13,678,000 | 10,732,000 | 9,182,000 | 7,404,000 | 6,959,000 | 6,430,000 | 2,736,000 | 1,961,000 | 1,010,000 | 348,000 | 10,000 | 6,430 | -301,209 |
| total shareholders funds | 16,680,000 | 13,678,000 | 10,732,000 | 9,182,000 | 7,404,000 | 6,959,000 | 6,430,000 | 2,736,000 | 1,961,000 | 1,010,000 | 348,000 | 10,000 | 6,430 | -301,209 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,804,000 | 2,695,000 | 1,360,000 | 1,716,000 | 1,990,000 | 524,000 | 3,710,000 | 828,000 | 1,340,000 | 635,000 | 368,000 | 167,000 | 173,531 | 36,907 |
| Depreciation | 0 | 2,000 | 2,000 | 13,000 | 22,000 | 23,000 | 16,000 | 11,000 | 16,000 | 23,000 | 62,000 | 46,000 | 30,307 | 28,050 |
| Amortisation | 0 | 0 | 0 | 0 | 3,000 | 3,000 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -2,000 | 1,000 | -1,000 | 3,000 | -3,000 | 3,000 | -34,000 | 324,000 | -298,000 | 9,000 | -33,000 | -8,000 | 12,713 | 17,128 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,579,000 | -183,000 | 2,248,000 | 3,619,000 | 7,178,000 | 811,000 | 4,015,000 | 1,287,000 | 765,000 | 281,000 | 316,000 | 80,332 | 20,223 | 99,445 |
| Creditors | -48,000 | 173,000 | -11,000 | 204,000 | -60,000 | -243,000 | 39,000 | -359,000 | 371,000 | 44,000 | -17,000 | 100,168 | -403,748 | 535,580 |
| Accruals and Deferred Income | 585,000 | -1,045,000 | -786,000 | 2,050,000 | 6,873,000 | 167,000 | -174,000 | -334,000 | 574,000 | 44,000 | -103,000 | 95,298 | 121,702 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,000 | 0 | 8,000 | 0 | 0 |
| Cash flow from operations | -1,240,000 | 2,009,000 | -1,684,000 | 367,000 | 1,647,000 | -334,000 | -456,000 | -817,000 | 1,238,000 | 466,000 | -39,000 | -85,718 | 518,220 | |
| 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 | -114,000 | -874,000 | 535,000 | 597,000 | -54,000 | 160,000 | 438,000 | 0 | -160,000 | 21,000 | 139,000 | -129,903 | 129,903 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,000 | 43 | 19,957 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -197,000 | -8,043 | 205,043 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -61,000 | 292,000 | 0 | -1,569,000 | 1,569,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 200,000 | 250,000 | 191,000 | 59,000 | 22,000 | 2,000 | 18,000 | 27,000 | 27,000 | 18,000 | 3,000 | -5,000 | -3,605 | -5,302 |
| cash flow from financing | 25,000 | -332,000 | 726,000 | -913,000 | -27,000 | 162,000 | 456,000 | -377,000 | -251,000 | 39,000 | -75,000 | -293,333 | 476,298 | -355,244 |
| cash and cash equivalents | ||||||||||||||
| cash | -1,215,000 | 1,675,000 | -958,000 | -546,000 | 1,619,000 | -185,000 | -53,000 | -1,209,000 | 979,000 | 495,000 | 208,000 | 14,533 | 12,327 | 39,140 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,000 | -20,266 | 21,266 | 0 |
| change in cash | -1,215,000 | 1,675,000 | -958,000 | -546,000 | 1,619,000 | -185,000 | -53,000 | -1,209,000 | 979,000 | 495,000 | 209,000 | 34,799 | -8,939 | 39,140 |
mesh digital limited Credit Report and Business Information
Mesh Digital Limited Competitor Analysis
Perform a competitor analysis for mesh digital limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mesh digital limited Ownership
MESH DIGITAL LIMITED group structure
Mesh Digital Limited has 3 subsidiary companies.
Ultimate parent company
GODADDY INC
#0097163
2 parents
MESH DIGITAL LIMITED
04916894
3 subsidiaries
mesh digital limited directors
Mesh Digital Limited currently has 2 directors. The longest serving directors include Mr Nicholas Daddario (Oct 2021) and Ms Sara Silveira Da Costa Da Cunha Rego (Nov 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Daddario | United States | 55 years | Oct 2021 | - | Director |
| Ms Sara Silveira Da Costa Da Cunha Rego | 50 years | Nov 2023 | - | Director |
P&L
December 2022turnover
11.6m
-1%
operating profit
2.8m
+4%
gross margin
23.8%
+2.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
16.7m
+0.22%
total assets
26m
+0.15%
cash
876k
-0.58%
net assets
Total assets minus all liabilities
mesh digital limited company details
company number
04916894
Type
Private limited with Share Capital
industry
63110 - Data processing, hosting and related activities
incorporation date
September 2003
age
21
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
5th floor, the shipping building, old vinyl factory, hayes, middlesex, UB3 1HA
last accounts submitted
December 2022
mesh digital 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 2 charges/mortgages relating to mesh digital limited. Currently there are 0 open charges and 2 have been satisfied in the past.
mesh digital limited Companies House Filings - See Documents
| date | description | view/download |
|---|
