magnimate ltd
magnimate ltd Company Information
Group Structure
View All
Industry
Non-specialised wholesale trade
Registered Address
39-41 high street high street, dunmow, essex, CM6 1AE
Website
www.magnimate.commagnimate ltd Estimated Valuation
Pomanda estimates the enterprise value of MAGNIMATE LTD at £26.9k based on a Turnover of £104.1k and 0.26x industry multiple (adjusted for size and gross margin).
magnimate ltd Estimated Valuation
Pomanda estimates the enterprise value of MAGNIMATE LTD at £0 based on an EBITDA of £0 and a 3.2x industry multiple (adjusted for size and gross margin).
magnimate ltd Estimated Valuation
Pomanda estimates the enterprise value of MAGNIMATE LTD at £0 based on Net Assets of £-18.9k and 2.62x industry multiple (adjusted for liquidity).
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Magnimate Ltd Overview
Magnimate Ltd is a live company located in essex, CM6 1AE with a Companies House number of 06826698. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in February 2009, it's largest shareholder is roger barnard with a 100% stake. Magnimate Ltd is a established, micro sized company, Pomanda has estimated its turnover at £104.1k with declining growth in recent years.
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Magnimate Ltd Health Check
Pomanda's financial health check has awarded Magnimate Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
7 Weak
Size
annual sales of £104.1k, make it smaller than the average company (£15.4m)
- Magnimate Ltd
£15.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (7.9%)
- Magnimate Ltd
7.9% - Industry AVG
Production
with a gross margin of 18.1%, this company has a higher cost of product (27.4%)
- Magnimate Ltd
27.4% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Magnimate Ltd
- - Industry AVG
Employees
with 1 employees, this is below the industry average (37)
- Magnimate Ltd
37 - Industry AVG
Pay Structure
on an average salary of £44.2k, the company has an equivalent pay structure (£44.2k)
- Magnimate Ltd
£44.2k - Industry AVG
Efficiency
resulting in sales per employee of £104.1k, this is less efficient (£371.8k)
- Magnimate Ltd
£371.8k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (50 days)
- Magnimate Ltd
50 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Magnimate Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Magnimate Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Magnimate Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 196.1%, this is a higher level of debt than the average (45.5%)
196.1% - Magnimate Ltd
45.5% - Industry AVG
MAGNIMATE LTD financials
Magnimate Ltd's latest turnover from March 2024 is estimated at £104.1 thousand and the company has net assets of -£18.9 thousand. According to their latest financial statements, we estimate that Magnimate Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 228 | 228 | 3,112 | 6,047 | 8,982 | 10,797 | |||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 228 | 228 | 3,112 | 6,047 | 8,982 | 10,797 | |||||||||
| Stock & work in progress | 150 | 120 | 206 | 1,049 | 2,600 | 4,490 | |||||||||
| Trade Debtors | 19,620 | 19,620 | 19,620 | 23,492 | 23,594 | 33,850 | 20,933 | 500 | 820 | 4,365 | |||||
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 3,758 | 507 | 1,429 | ||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 19,620 | 19,620 | 19,620 | 23,492 | 23,594 | 33,850 | 20,933 | 3,758 | 507 | 150 | 120 | 206 | 1,549 | 3,420 | 10,284 |
| total assets | 19,620 | 19,620 | 19,620 | 23,492 | 23,594 | 33,850 | 20,933 | 3,758 | 507 | 378 | 348 | 3,318 | 7,596 | 12,402 | 21,081 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 38,473 | 42,313 | 65,094 | 64,794 | 65,836 | 66,386 | 68,039 | 63,980 | 60,000 | 43,159 | |||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 38,473 | 42,313 | 65,094 | 64,794 | 65,836 | 66,386 | 68,039 | 63,980 | 60,000 | 43,159 | |||||
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 300 | 300 | |||||||||||||
| other liabilities | 38,473 | 38,473 | 42,312 | 70,812 | 70,812 | ||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 38,473 | 38,473 | 42,312 | 70,812 | 70,812 | 300 | 300 | ||||||||
| total liabilities | 38,473 | 38,473 | 38,473 | 42,313 | 42,312 | 70,812 | 70,812 | 65,394 | 65,094 | 65,836 | 66,386 | 68,039 | 63,980 | 60,000 | 43,159 |
| net assets | -18,853 | -18,853 | -18,853 | -18,821 | -18,718 | -36,962 | -49,879 | -61,636 | -64,587 | -65,458 | -66,038 | -64,721 | -56,384 | -47,598 | -22,078 |
| total shareholders funds | -18,853 | -18,853 | -18,853 | -18,821 | -18,718 | -36,962 | -49,879 | -61,636 | -64,587 | -65,458 | -66,038 | -64,721 | -56,384 | -47,598 | -22,078 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 2,884 | 2,935 | 2,935 | 2,935 | 2,711 | ||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -150 | 30 | -86 | -843 | -1,551 | -1,890 | 4,490 | ||||||||
| Debtors | -3,872 | -102 | -10,256 | 12,917 | 20,933 | -500 | -320 | -3,545 | 4,365 | ||||||
| Creditors | -38,473 | -3,840 | 42,313 | -65,094 | 300 | -1,042 | -550 | -1,653 | 4,059 | 3,980 | 16,841 | 43,159 | |||
| Accruals and Deferred Income | -300 | 300 | |||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| 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 | 38,473 | -42,312 | -28,500 | 70,812 | |||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -3,758 | 3,251 | 507 | -1,429 | 1,429 | ||||||||||
| overdraft | |||||||||||||||
| change in cash | -3,758 | 3,251 | 507 | -1,429 | 1,429 |
magnimate ltd Credit Report and Business Information
Magnimate Ltd Competitor Analysis
Perform a competitor analysis for magnimate ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in CM6 area or any other competitors across 12 key performance metrics.
magnimate ltd Ownership
MAGNIMATE LTD group structure
Magnimate Ltd has no subsidiary companies.
Ultimate parent company
MAGNIMATE LTD
06826698
magnimate ltd directors
Magnimate Ltd currently has 1 director, Mr Roger Barnard serving since Feb 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Roger Barnard | 77 years | Feb 2009 | - | Director |
P&L
March 2024turnover
104.1k
+8%
operating profit
0
0%
gross margin
18.1%
-1.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-18.9k
0%
total assets
19.6k
0%
cash
0
0%
net assets
Total assets minus all liabilities
magnimate ltd company details
company number
06826698
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
February 2009
age
16
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
39-41 high street high street, dunmow, essex, CM6 1AE
Bank
-
Legal Advisor
-
magnimate ltd 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 magnimate ltd.
magnimate ltd 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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magnimate ltd Companies House Filings - See Documents
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