mp payroll solutions limited
mp payroll solutions limited Company Information
Company Number
05148674
Next Accounts
Sep 2025
Industry
Management consultancy activities (other than financial management)
Shareholders
fl capital holdings ltd
Group Structure
View All
Contact
Registered Address
the meeting house, little mount sion, tunbridge wells, kent, TN1 1YS
Website
www.mppayroll.co.ukmp payroll solutions limited Estimated Valuation
Pomanda estimates the enterprise value of MP PAYROLL SOLUTIONS LIMITED at £371k based on a Turnover of £463.7k and 0.8x industry multiple (adjusted for size and gross margin).
mp payroll solutions limited Estimated Valuation
Pomanda estimates the enterprise value of MP PAYROLL SOLUTIONS LIMITED at £707.5k based on an EBITDA of £112.4k and a 6.29x industry multiple (adjusted for size and gross margin).
mp payroll solutions limited Estimated Valuation
Pomanda estimates the enterprise value of MP PAYROLL SOLUTIONS LIMITED at £0 based on Net Assets of £-46.9k and 2.7x industry multiple (adjusted for liquidity).
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Mp Payroll Solutions Limited Overview
Mp Payroll Solutions Limited is a live company located in tunbridge wells, TN1 1YS with a Companies House number of 05148674. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in June 2004, it's largest shareholder is fl capital holdings ltd with a 100% stake. Mp Payroll Solutions Limited is a mature, micro sized company, Pomanda has estimated its turnover at £463.7k with unknown growth in recent years.
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Mp Payroll Solutions Limited Health Check
Pomanda's financial health check has awarded Mp Payroll Solutions Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £463.7k, make it in line with the average company (£538.6k)
£463.7k - Mp Payroll Solutions Limited
£538.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mp Payroll Solutions Limited
- - Industry AVG
Production
with a gross margin of 99.9%, this company has a lower cost of product (53%)
99.9% - Mp Payroll Solutions Limited
53% - Industry AVG
Profitability
an operating margin of 24.1% make it more profitable than the average company (7.7%)
24.1% - Mp Payroll Solutions Limited
7.7% - Industry AVG
Employees
with 12 employees, this is above the industry average (6)
12 - Mp Payroll Solutions Limited
6 - Industry AVG
Pay Structure
on an average salary of £50.3k, the company has an equivalent pay structure (£50.3k)
- Mp Payroll Solutions Limited
£50.3k - Industry AVG
Efficiency
resulting in sales per employee of £38.6k, this is less efficient (£124.1k)
£38.6k - Mp Payroll Solutions Limited
£124.1k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (67 days)
7 days - Mp Payroll Solutions Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (25 days)
13 days - Mp Payroll Solutions Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mp Payroll Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is average cash available to meet short term requirements (22 weeks)
21 weeks - Mp Payroll Solutions Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 138.1%, this is a higher level of debt than the average (57.4%)
138.1% - Mp Payroll Solutions Limited
57.4% - Industry AVG
MP PAYROLL SOLUTIONS LIMITED financials
Mp Payroll Solutions Limited's latest turnover from December 2023 is £463.7 thousand and the company has net assets of -£46.9 thousand. According to their latest financial statements, Mp Payroll Solutions Limited has 12 employees and maintains cash reserves of £69.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Jan 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Jan 2014 | Oct 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 463,694 | 314,396 | 216,325 | 503,294 | 59,439 | 15,726 | 33,307 | 2,666,764 | 13,855,860 | 14,577,453 | 11,233,387 | 10,476,596 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 654 | 431 | 2,465 | 7,570 | 1,720 | 0 | -7,133 | 1,281,320 | 5,944,315 | 5,935,231 | 5,298,316 | 4,646,244 | ||
| Gross Profit | 463,040 | 313,965 | 213,860 | 495,724 | 57,719 | 15,726 | 40,440 | 1,385,444 | 7,911,545 | 8,642,222 | 5,935,071 | 5,830,352 | ||
| Admin Expenses | 351,119 | 236,585 | 198,028 | 437,231 | 438,039 | 11,375 | 31,142 | 1,213,800 | 7,034,090 | 7,638,267 | 5,650,479 | 5,732,079 | ||
| Operating Profit | 111,921 | 77,380 | 15,832 | 58,493 | -380,320 | 4,351 | 9,298 | 171,644 | 877,455 | 1,003,955 | 284,592 | 98,273 | ||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 180 | 50 | 1,564 | 370 | 174 | 0 | ||
| Interest Receivable | 296 | 28 | 0 | 0 | 0 | 0 | 0 | 254 | 1,460 | 826 | 6,661 | 4,172 | ||
| Pre-Tax Profit | 112,217 | 77,408 | 15,832 | 58,493 | -380,320 | 4,351 | 9,118 | 171,848 | 877,351 | 1,004,411 | 291,079 | 102,445 | ||
| Tax | -26,565 | -14,707 | -3,043 | -11,282 | 72,460 | -802 | -1,755 | -34,381 | -177,413 | -215,915 | -78,395 | -17,728 | ||
| Profit After Tax | 85,652 | 62,701 | 12,789 | 47,211 | -307,860 | 3,549 | 7,363 | 137,467 | 699,938 | 788,496 | 212,684 | 84,717 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 600,000 | 1,320,000 | 0 | 0 | 0 | ||
| Retained Profit | 85,652 | 62,701 | 12,789 | 47,211 | -307,860 | 3,549 | 7,363 | -462,533 | -620,062 | 788,496 | 212,684 | 84,717 | ||
| Employee Costs | 1,262,157 | 5,869,360 | 5,494,347 | 4,490,611 | 3,974,801 | |||||||||
| Number Of Employees | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 5 | 525 | 634 | 366 | 267 | ||
| EBITDA* | 112,403 | 78,036 | 19,699 | 62,360 | -380,320 | 4,351 | 9,298 | 171,644 | 877,455 | 1,003,955 | 284,592 | 98,273 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Jan 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Jan 2014 | Oct 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 656 | 4,523 | 8,390 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 8,200 | 0 | 0 | 10,650 | 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 | 8,200 | 0 | 656 | 15,173 | 8,390 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 9,834 | 4,702 | 2,283 | 36,267 | 10,720 | 6,170 | 0 | 0 | 0 | 689,006 | 757,960 | 414,985 | 89,235 | 34,706 |
| Group Debtors | 30,000 | 30,000 | 40,280 | 43,300 | 95,193 | 30,000 | 30,000 | 482,678 | 396,270 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,795 | 2,274 | 5,977 | 3,766 | 408 | 1,575 | 0 | 2 | 364,858 | 931,146 | 405,366 | 323,645 | 0 | 0 |
| Cash | 69,145 | 44,838 | 9,073 | 177,474 | 173,161 | 163,468 | 271,800 | 93,992 | 1,294,829 | 1,261,467 | 175,712 | 621,848 | 563,179 | 788 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 114,774 | 81,814 | 57,613 | 260,807 | 279,482 | 201,213 | 301,800 | 576,672 | 2,055,957 | 2,881,619 | 1,339,038 | 1,360,478 | 652,414 | 35,494 |
| total assets | 122,974 | 81,814 | 58,269 | 275,980 | 287,872 | 201,213 | 301,800 | 576,672 | 2,055,957 | 2,881,619 | 1,339,038 | 1,360,478 | 652,414 | 35,494 |
| 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 | 25 | 221 | 20,676 | 56,639 | 133,042 | 1,890 | 0 | 0 | 4,442 | 527,669 | 194,790 | 1,003,748 | 613,977 | 1,400 |
| Group/Directors Accounts | 132,445 | 178,705 | 213,988 | 364,683 | 398,653 | 140,986 | 241,923 | 487,130 | 827,603 | 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 | 37,360 | 35,396 | 18,689 | 61,797 | 9,960 | 5,686 | 10,775 | 47,803 | 719,640 | 1,229,616 | 808,410 | 233,576 | 0 | 0 |
| total current liabilities | 169,830 | 214,322 | 253,353 | 483,119 | 541,655 | 148,562 | 252,698 | 534,933 | 1,551,685 | 1,757,285 | 1,003,200 | 1,237,324 | 613,977 | 1,400 |
| 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 | 125 | 859 | 1,426 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 125 | 859 | 1,426 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 169,830 | 214,322 | 253,478 | 483,978 | 543,081 | 148,562 | 252,698 | 534,933 | 1,551,685 | 1,757,285 | 1,003,200 | 1,237,324 | 613,977 | 1,400 |
| net assets | -46,856 | -132,508 | -195,209 | -207,998 | -255,209 | 52,651 | 49,102 | 41,739 | 504,272 | 1,124,334 | 335,838 | 123,154 | 38,437 | 34,094 |
| total shareholders funds | -46,856 | -132,508 | -195,209 | -207,998 | -255,209 | 52,651 | 49,102 | 41,739 | 504,272 | 1,124,334 | 335,838 | 123,154 | 38,437 | 34,094 |
| Dec 2023 | Dec 2022 | Dec 2021 | Jan 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Jan 2014 | Oct 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 111,921 | 77,380 | 15,832 | 58,493 | -380,320 | 4,351 | 9,298 | 171,644 | 877,455 | 1,003,955 | 284,592 | 98,273 | ||
| Depreciation | 0 | 656 | 3,867 | 3,867 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 482 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -26,565 | -14,707 | -3,043 | -11,282 | 72,460 | -802 | -1,755 | -34,381 | -177,413 | -215,915 | -78,395 | -17,728 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 8,653 | -11,564 | 48,540 | 83,333 | 68,576 | 7,745 | -452,680 | -1,137,472 | -859,024 | 456,826 | 1,163,326 | 649,395 | 54,529 | 34,706 |
| Creditors | -196 | -20,455 | 20,676 | 56,639 | 131,152 | 1,890 | 0 | -527,669 | -523,227 | 332,879 | 194,790 | 389,771 | 612,577 | 1,400 |
| Accruals and Deferred Income | 1,964 | 16,707 | 18,689 | 61,797 | 4,274 | -5,089 | -37,028 | -1,181,813 | -509,976 | 421,206 | 808,410 | 233,576 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -125 | 125 | 859 | 1,426 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 78,953 | 71,020 | 7,606 | 87,040 | -239,584 | -7,395 | 423,195 | -434,747 | 525,863 | 1,085,299 | 46,071 | 54,497 | ||
| Investing Activities | ||||||||||||||
| capital expenditure | 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 | ||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -46,260 | -35,283 | 213,988 | 364,683 | 257,667 | -100,937 | -245,207 | 487,130 | 827,603 | 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 | 296 | 28 | 0 | 0 | 0 | 0 | -180 | 204 | -104 | 456 | 6,487 | 4,172 | ||
| cash flow from financing | -45,964 | -35,255 | 5,990 | 109,474 | 257,667 | -100,937 | -245,387 | -132,728 | 827,499 | 456 | 129,641 | 4,172 | ||
| cash and cash equivalents | ||||||||||||||
| cash | 24,307 | 35,765 | 9,073 | 177,474 | 9,693 | -108,332 | 177,808 | -1,167,475 | 33,362 | 1,085,755 | 175,712 | 58,669 | 562,391 | 788 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 24,307 | 35,765 | 9,073 | 177,474 | 9,693 | -108,332 | 177,808 | -1,167,475 | 33,362 | 1,085,755 | 175,712 | 58,669 | 562,391 | 788 |
mp payroll solutions limited Credit Report and Business Information
Mp Payroll Solutions Limited Competitor Analysis
Perform a competitor analysis for mp payroll solutions limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in TN1 area or any other competitors across 12 key performance metrics.
mp payroll solutions limited Ownership
MP PAYROLL SOLUTIONS LIMITED group structure
Mp Payroll Solutions Limited has no subsidiary companies.
Ultimate parent company
1 parent
MP PAYROLL SOLUTIONS LIMITED
05148674
mp payroll solutions limited directors
Mp Payroll Solutions Limited currently has 4 directors. The longest serving directors include Mr Timothy Monks (Jun 2004) and Mr Michael Tankard (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Monks | 79 years | Jun 2004 | - | Director | |
| Mr Michael Tankard | United Kingdom | 42 years | Oct 2015 | - | Director |
| Mr Simon Bailey | England | 62 years | Oct 2015 | - | Director |
| Miss Louise Taylor | United Kingdom | 44 years | Dec 2016 | - | Director |
P&L
December 2023turnover
463.7k
+47%
operating profit
111.9k
+45%
gross margin
99.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-46.9k
-0.65%
total assets
123k
+0.5%
cash
69.1k
+0.54%
net assets
Total assets minus all liabilities
mp payroll solutions limited company details
company number
05148674
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
June 2004
age
20
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
mp capital (uk) ltd (May 2016)
maxifactoring ltd (September 2009)
accountant
-
auditor
KRESTON REEVES LLP
address
the meeting house, little mount sion, tunbridge wells, kent, TN1 1YS
Bank
-
Legal Advisor
-
mp payroll solutions 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 did not find charges/mortgages relating to mp payroll solutions limited.
mp payroll solutions 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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mp payroll solutions limited Companies House Filings - See Documents
| date | description | view/download |
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