madfun limited
madfun limited Company Information
Company Number
05987974
Website
http://trampolines.co.ukRegistered Address
a3 broomsleigh business park, worsley bridge road, london, SE26 5BN
Industry
Other retail sale not in stores, stalls or markets
Retail sale via mail order houses or via Internet
Telephone
01342776488
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
stephen howard madkins 50%
katy marie madkins 50%
madfun limited Estimated Valuation
Pomanda estimates the enterprise value of MADFUN LIMITED at £206k based on a Turnover of £682.1k and 0.3x industry multiple (adjusted for size and gross margin).
madfun limited Estimated Valuation
Pomanda estimates the enterprise value of MADFUN LIMITED at £663.8k based on an EBITDA of £179k and a 3.71x industry multiple (adjusted for size and gross margin).
madfun limited Estimated Valuation
Pomanda estimates the enterprise value of MADFUN LIMITED at £1.2m based on Net Assets of £546.7k and 2.16x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Madfun Limited Overview
Madfun Limited is a live company located in london, SE26 5BN with a Companies House number of 05987974. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in November 2006, it's largest shareholder is stephen howard madkins with a 50% stake. Madfun Limited is a established, small sized company, Pomanda has estimated its turnover at £682.1k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Madfun Limited Health Check
Pomanda's financial health check has awarded Madfun Limited a 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
5 Regular
3 Weak
Size
annual sales of £682.1k, make it in line with the average company (£624.5k)
- Madfun Limited
£624.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (6.8%)
- Madfun Limited
6.8% - Industry AVG
Production
with a gross margin of 34.7%, this company has a comparable cost of product (34.7%)
- Madfun Limited
34.7% - Industry AVG
Profitability
an operating margin of 23.7% make it more profitable than the average company (3.4%)
- Madfun Limited
3.4% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (6)
6 - Madfun Limited
6 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)
- Madfun Limited
£30.9k - Industry AVG
Efficiency
resulting in sales per employee of £113.7k, this is less efficient (£172.5k)
- Madfun Limited
£172.5k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is near the average (27 days)
- Madfun Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (35 days)
- Madfun Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 247 days, this is more than average (78 days)
- Madfun Limited
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 146 weeks, this is more cash available to meet short term requirements (20 weeks)
146 weeks - Madfun Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.8%, this is a lower level of debt than the average (67.6%)
26.8% - Madfun Limited
67.6% - Industry AVG
MADFUN LIMITED financials
Madfun Limited's latest turnover from November 2023 is estimated at £682.1 thousand and the company has net assets of £546.7 thousand. According to their latest financial statements, Madfun Limited has 6 employees and maintains cash reserves of £312.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,419,489 | 1,525,669 | 1,013,967 | ||||||||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||||||
| Cost Of Sales | 1,105,143 | 1,246,440 | 815,963 | ||||||||||||
| Gross Profit | 314,346 | 279,229 | 198,004 | ||||||||||||
| Admin Expenses | 191,416 | 165,297 | |||||||||||||
| Operating Profit | 122,930 | 113,932 | |||||||||||||
| Interest Payable | 3,645 | 0 | 0 | ||||||||||||
| Interest Receivable | 0 | 0 | 0 | ||||||||||||
| Pre-Tax Profit | 119,285 | 113,932 | 89,791 | ||||||||||||
| Tax | -24,839 | -24,418 | -19,065 | ||||||||||||
| Profit After Tax | 94,446 | 89,514 | 70,726 | ||||||||||||
| Dividends Paid | 60,000 | 60,000 | 60,000 | ||||||||||||
| Retained Profit | 34,446 | 29,514 | 10,726 | ||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 6 | 9 | 8 | 6 | 5 | 4 | 4 | 4 | |||||||
| EBITDA* | 129,330 | 120,332 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,411 | 4,998 | 7,585 | 10,311 | 13,311 | 16,756 | 20,200 | 21,244 | 16,208 | 18,912 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 14,850 | 29,700 | 44,550 | 37,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,400 | 12,800 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 2,411 | 19,848 | 37,285 | 54,861 | 50,811 | 16,756 | 20,200 | 21,244 | 16,208 | 18,912 | 0 | 0 | 0 | 6,400 | 12,800 |
| Stock & work in progress | 302,010 | 615,713 | 845,056 | 141,981 | 133,519 | 138,553 | 155,753 | 135,164 | 146,266 | 332,678 | 150,713 | 308,819 | 252,143 | 43,603 | 26,139 |
| Trade Debtors | 58,483 | 44,510 | 18,509 | 10,628 | 2,980 | 0 | 149 | 1,393 | 19,097 | 59,018 | 60,748 | 10,611 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 71,051 | 4,053 | 134,287 | 108,761 | 68,425 | 118,931 | 70,888 | 130,225 | 0 | 0 | 0 | 0 | 9,270 | 3,750 | 0 |
| Cash | 312,761 | 1,543 | 4,292 | 227,546 | 46,274 | 38,141 | 73,649 | 19,158 | 63,854 | 14,390 | 41,427 | 7,237 | 26,516 | 70,876 | 29,333 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 744,305 | 665,819 | 1,002,144 | 488,916 | 251,198 | 295,625 | 300,439 | 285,940 | 229,217 | 406,086 | 252,888 | 326,667 | 287,929 | 118,229 | 55,472 |
| total assets | 746,716 | 685,667 | 1,039,429 | 543,777 | 302,009 | 312,381 | 320,639 | 307,184 | 245,425 | 424,998 | 252,888 | 326,667 | 287,929 | 124,629 | 68,272 |
| Bank overdraft | 0 | 28,956 | 215,720 | 0 | 149,521 | 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 | 0 |
| Trade Creditors | 21,916 | 25,029 | 141,761 | 61,230 | 5,720 | 48,267 | 109,625 | 27,003 | 92,541 | 351,667 | 181,571 | 234,444 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 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 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 88,751 | 96,285 | 79,723 | 174,566 | 5,489 | 28,620 | 25,232 | 110,585 | 0 | 0 | 0 | 0 | 206,886 | 78,032 | 51,189 |
| total current liabilities | 110,667 | 150,270 | 437,204 | 235,796 | 160,730 | 76,887 | 134,857 | 137,588 | 92,541 | 351,667 | 181,571 | 234,444 | 206,886 | 78,032 | 51,189 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 89,321 | 114,559 | 0 | 0 | 0 | 20,650 | 20,650 | 20,650 | 51,000 | 23,271 | 45,267 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 89,321 | 114,559 | 0 | 0 | 0 | 20,650 | 20,650 | 20,650 | 51,000 | 23,271 | 45,267 | 0 | 0 | 0 | 0 |
| total liabilities | 199,988 | 264,829 | 437,204 | 235,796 | 160,730 | 97,537 | 155,507 | 158,238 | 143,541 | 374,938 | 226,838 | 234,444 | 206,886 | 78,032 | 51,189 |
| net assets | 546,728 | 420,838 | 602,225 | 307,981 | 141,279 | 214,844 | 165,132 | 148,946 | 101,884 | 50,060 | 26,050 | 92,223 | 81,043 | 46,597 | 17,083 |
| total shareholders funds | 546,728 | 420,838 | 602,225 | 307,981 | 141,279 | 214,844 | 165,132 | 148,946 | 101,884 | 50,060 | 26,050 | 92,223 | 81,043 | 46,597 | 17,083 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 122,930 | 113,932 | |||||||||||||
| Depreciation | 2,587 | 2,587 | 2,726 | 3,000 | 3,445 | 3,444 | 4,163 | 3,148 | 2,704 | 2,704 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 14,850 | 14,850 | 14,850 | 14,850 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,400 | 6,400 | 6,400 |
| Tax | -24,839 | -24,418 | -19,065 | ||||||||||||
| Stock | -313,703 | -229,343 | 703,075 | 8,462 | -5,034 | -17,200 | 20,589 | -11,102 | -186,412 | 181,965 | -158,106 | 56,676 | 208,540 | 17,464 | 26,139 |
| Debtors | 80,971 | -104,233 | 33,407 | 47,984 | -47,526 | 47,894 | -60,581 | 112,521 | -39,921 | -1,730 | 50,137 | 1,341 | 5,520 | 3,750 | 0 |
| Creditors | -3,113 | -116,732 | 80,531 | 55,510 | -42,547 | -61,358 | 82,622 | -65,538 | -259,126 | 170,096 | -52,873 | 234,444 | 0 | 0 | 0 |
| Accruals and Deferred Income | -7,534 | 16,562 | -94,843 | 169,077 | -23,131 | 3,388 | -85,353 | 110,585 | 0 | 0 | 0 | -206,886 | 128,854 | 26,843 | 51,189 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 19,285 | 101,543 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 0 | 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 | 0 |
| Long term loans | 0 | 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 | 0 |
| other long term liabilities | -25,238 | 114,559 | 0 | 0 | -20,650 | 0 | 0 | -30,350 | 27,729 | -21,996 | 45,267 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -3,645 | 0 | 0 | ||||||||||||
| cash flow from financing | -3,645 | 0 | 6,357 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 311,218 | -2,749 | -223,254 | 181,272 | 8,133 | -35,508 | 54,491 | -44,696 | 49,464 | -27,037 | 34,190 | -19,279 | -44,360 | 41,543 | 29,333 |
| overdraft | -28,956 | -186,764 | 215,720 | -149,521 | 149,521 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 340,174 | 184,015 | -438,974 | 330,793 | -141,388 | -35,508 | 54,491 | -44,696 | 49,464 | -27,037 | 34,190 | -19,279 | -44,360 | 41,543 | 29,333 |
madfun limited Credit Report and Business Information
Madfun Limited Competitor Analysis
Perform a competitor analysis for madfun limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SE26 area or any other competitors across 12 key performance metrics.
madfun limited Ownership
MADFUN LIMITED group structure
Madfun Limited has no subsidiary companies.
Ultimate parent company
MADFUN LIMITED
05987974
madfun limited directors
Madfun Limited currently has 3 directors. The longest serving directors include Mr Stephen Madkins (Nov 2006) and Ms Katy Madkins (Nov 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Madkins | 57 years | Nov 2006 | - | Director | |
| Ms Katy Madkins | 56 years | Nov 2006 | - | Director | |
| Mr Jonathan Tyler | 69 years | Feb 2023 | - | Director |
P&L
November 2023turnover
682.1k
-24%
operating profit
161.6k
0%
gross margin
34.8%
+0.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
546.7k
+0.3%
total assets
746.7k
+0.09%
cash
312.8k
+201.7%
net assets
Total assets minus all liabilities
madfun limited company details
company number
05987974
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
47910 - Retail sale via mail order houses or via Internet
incorporation date
November 2006
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
a3 broomsleigh business park, worsley bridge road, london, SE26 5BN
Bank
-
Legal Advisor
-
madfun 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 1 charges/mortgages relating to madfun limited. Currently there are 1 open charges and 0 have been satisfied in the past.
madfun limited Companies House Filings - See Documents
| date | description | view/download |
|---|
