made simple technology limited

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made simple technology limited Company Information

Share MADE SIMPLE TECHNOLOGY LIMITED

Company Number

06826412

Shareholders

mjbh ltd

Group Structure

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Industry

Combined office administrative service activities

 

Registered Address

black fox advisory, fletchers business centre , gren, tamworth, B78 1NS

made simple technology limited Estimated Valuation

£940.6k

Pomanda estimates the enterprise value of MADE SIMPLE TECHNOLOGY LIMITED at £940.6k based on a Turnover of £2.9m and 0.33x industry multiple (adjusted for size and gross margin).

made simple technology limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MADE SIMPLE TECHNOLOGY LIMITED at £0 based on an EBITDA of £-2.1k and a 2.25x industry multiple (adjusted for size and gross margin).

made simple technology limited Estimated Valuation

£834

Pomanda estimates the enterprise value of MADE SIMPLE TECHNOLOGY LIMITED at £834 based on Net Assets of £302 and 2.76x industry multiple (adjusted for liquidity).

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Made Simple Technology Limited Overview

Made Simple Technology Limited is a live company located in tamworth, B78 1NS with a Companies House number of 06826412. It operates in the combined office administrative service activities sector, SIC Code 82110. Founded in February 2009, it's largest shareholder is mjbh ltd with a 100% stake. Made Simple Technology Limited is a established, small sized company, Pomanda has estimated its turnover at £2.9m with rapid growth in recent years.

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Made Simple Technology Limited Health Check

Pomanda's financial health check has awarded Made Simple Technology Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £2.9m, make it larger than the average company (£1.2m)

£2.9m - Made Simple Technology Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (5.6%)

47% - Made Simple Technology Limited

5.6% - Industry AVG

production

Production

with a gross margin of 16.2%, this company has a higher cost of product (45.1%)

16.2% - Made Simple Technology Limited

45.1% - Industry AVG

profitability

Profitability

an operating margin of -0.1% make it less profitable than the average company (3.1%)

-0.1% - Made Simple Technology Limited

3.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (13)

2 - Made Simple Technology Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.1k, the company has an equivalent pay structure (£38.1k)

£38.1k - Made Simple Technology Limited

£38.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.4m, this is more efficient (£93.2k)

£1.4m - Made Simple Technology Limited

£93.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 148 days, this is later than average (30 days)

148 days - Made Simple Technology Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 177 days, this is slower than average (29 days)

177 days - Made Simple Technology Limited

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Made Simple Technology Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Made Simple Technology Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (53.9%)

100% - Made Simple Technology Limited

53.9% - Industry AVG

MADE SIMPLE TECHNOLOGY LIMITED financials

EXPORTms excel logo

Made Simple Technology Limited's latest turnover from September 2023 is estimated at £2.9 million and the company has net assets of £302. According to their latest financial statements, Made Simple Technology Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover2,875,4793,051,2241,499,286901,0211,292,132933,7531,307,3082,925,8784,948,870770,878304,556378,15257,650
Other Income Or Grants
Cost Of Sales2,409,1072,559,1011,311,907764,5801,120,569760,6621,011,8032,326,6274,115,574654,464262,014320,21949,365
Gross Profit466,372492,123187,380136,441171,563173,091295,505599,252833,296116,41542,54257,9338,285
Admin Expenses468,495489,566187,068136,531173,707172,058337,1261,000,326742,169-192,23814,429-56,552-13,276
Operating Profit-2,1232,557312-90-2,1441,033-41,621-401,07491,127308,65328,113114,48521,561
Interest Payable
Interest Receivable261,3241,52740623684
Pre-Tax Profit-2,1232,557312-90-2,1441,033-41,621-401,04892,451310,18028,518114,72121,645
Tax-486-59-196-18,490-65,138-6,559-27,533-5,628
Profit After Tax-2,1232,071253-90-2,144837-41,621-401,04873,961245,04221,95987,18816,017
Dividends Paid
Retained Profit-2,1232,071253-90-2,144837-41,621-401,04873,961245,04221,95987,18816,017
Employee Costs76,13076,63273,30573,20074,534227,371281,008636,408873,479170,41762,43062,66629,908
Number Of Employees222226817255221
EBITDA*-2,1232,557312-90-2,1441,033-41,621-401,07491,127308,65328,113114,48521,561

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors1,173,7531,173,951606,093284,180444,855208,464312,885649,3381,077,596117,45672,83981,4489,506
Group Debtors
Misc Debtors
Cash20,483509,080101,56760,67933,563100
misc current assets
total current assets1,173,7531,173,951606,093284,180444,855208,464312,885649,3381,098,079626,536174,406142,12743,069100
total assets1,173,7531,173,951606,093284,180444,855208,464312,885649,3381,098,079626,536174,406142,12743,069100
Bank overdraft
Bank loan
Trade Creditors 1,173,4511,171,526605,739284,079444,664206,129311,387606,219653,812256,23049,14238,82226,952
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities1,173,4511,171,526605,739284,079444,664206,129311,387606,219653,812256,23049,14238,82226,952
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities1,173,4511,171,526605,739284,079444,664206,129311,387606,219653,812256,23049,14238,82226,952
net assets3022,4253541011912,3351,49843,119444,267370,306125,264103,30516,117100
total shareholders funds3022,4253541011912,3351,49843,119444,267370,306125,264103,30516,117100
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit-2,1232,557312-90-2,1441,033-41,621-401,07491,127308,65328,113114,48521,561
Depreciation
Amortisation
Tax-486-59-196-18,490-65,138-6,559-27,533-5,628
Stock
Debtors-198567,858321,913-160,675236,391-104,421-336,453-428,258960,14044,617-8,60971,9429,506
Creditors1,925565,787321,660-160,585238,535-105,258-294,832-47,593397,582207,08810,32011,87026,952
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-20,409-489,921405,98640,48326,88033,379
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100-100100
interest261,3241,52740623684
cash flow from financing-741,3241,527406236184-100100
cash and cash equivalents
cash-20,483-488,597407,51340,88827,11633,563-100100
overdraft
change in cash-20,483-488,597407,51340,88827,11633,563-100100

made simple technology limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Made Simple Technology Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for made simple technology limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in B78 area or any other competitors across 12 key performance metrics.

made simple technology limited Ownership

MADE SIMPLE TECHNOLOGY LIMITED group structure

Made Simple Technology Limited has no subsidiary companies.

Ultimate parent company

2 parents

MADE SIMPLE TECHNOLOGY LIMITED

06826412

MADE SIMPLE TECHNOLOGY LIMITED Shareholders

mjbh ltd 100%

made simple technology limited directors

Made Simple Technology Limited currently has 1 director, Mr Christopher Dent serving since Mar 2015.

officercountryagestartendrole
Mr Christopher DentEngland56 years Mar 2015- Director

P&L

September 2023

turnover

2.9m

-6%

operating profit

-2.1k

0%

gross margin

16.3%

+0.56%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

302

-0.88%

total assets

1.2m

0%

cash

0

0%

net assets

Total assets minus all liabilities

made simple technology limited company details

company number

06826412

Type

Private limited with Share Capital

industry

82110 - Combined office administrative service activities

incorporation date

February 2009

age

16

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

black fox advisory, fletchers business centre , gren, tamworth, B78 1NS

Bank

-

Legal Advisor

-

made simple technology 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 made simple technology limited.

made simple technology 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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made simple technology limited Companies House Filings - See Documents

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