ben mak london ltd
ben mak london ltd Company Information
Company Number
06910511
Next Accounts
Feb 2025
Industry
Retail sale via stalls and markets of textiles, clothing and footwear
Manufacture of other wearing apparel and accessories
Shareholders
ingrid klara heskett
ben sonny mak
Group Structure
View All
Contact
Registered Address
flat 8 dubarry house, hove park villas, hove, east sussex, BN3 6HP
Website
www.madebyi.comben mak london ltd Estimated Valuation
Pomanda estimates the enterprise value of BEN MAK LONDON LTD at £225.3k based on a Turnover of £567.2k and 0.4x industry multiple (adjusted for size and gross margin).
ben mak london ltd Estimated Valuation
Pomanda estimates the enterprise value of BEN MAK LONDON LTD at £0 based on an EBITDA of £-72.6k and a 4.17x industry multiple (adjusted for size and gross margin).
ben mak london ltd Estimated Valuation
Pomanda estimates the enterprise value of BEN MAK LONDON LTD at £0 based on Net Assets of £-326.6k and 3.04x industry multiple (adjusted for liquidity).
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Ben Mak London Ltd Overview
Ben Mak London Ltd is a live company located in hove, BN3 6HP with a Companies House number of 06910511. It operates in the manufacture of other wearing apparel and accessories n.e.c. sector, SIC Code 14190. Founded in May 2009, it's largest shareholder is ingrid klara heskett with a 50% stake. Ben Mak London Ltd is a established, small sized company, Pomanda has estimated its turnover at £567.2k with rapid growth in recent years.
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Ben Mak London Ltd Health Check
Pomanda's financial health check has awarded Ben Mak London Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £567.2k, make it smaller than the average company (£3.2m)
- Ben Mak London Ltd
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 177%, show it is growing at a faster rate (4.2%)
- Ben Mak London Ltd
4.2% - Industry AVG
Production
with a gross margin of 29.7%, this company has a higher cost of product (38.2%)
- Ben Mak London Ltd
38.2% - Industry AVG
Profitability
an operating margin of -12.8% make it less profitable than the average company (8.8%)
- Ben Mak London Ltd
8.8% - Industry AVG
Employees
with 5 employees, this is below the industry average (13)
5 - Ben Mak London Ltd
13 - Industry AVG
Pay Structure
on an average salary of £26k, the company has an equivalent pay structure (£26k)
- Ben Mak London Ltd
£26k - Industry AVG
Efficiency
resulting in sales per employee of £113.4k, this is less efficient (£142.5k)
- Ben Mak London Ltd
£142.5k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (25 days)
- Ben Mak London Ltd
25 days - Industry AVG
Creditor Days
its suppliers are paid after 321 days, this is slower than average (27 days)
- Ben Mak London Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ben Mak London Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ben Mak London Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1414.7%, this is a higher level of debt than the average (66.1%)
1414.7% - Ben Mak London Ltd
66.1% - Industry AVG
BEN MAK LONDON LTD financials
Ben Mak London Ltd's latest turnover from May 2023 is estimated at £567.2 thousand and the company has net assets of -£326.6 thousand. According to their latest financial statements, Ben Mak London Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1 | 100,929 | 76,243 | 49,461 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 38,609 | 23,346 | 39,436 | |||||||||||
| Gross Profit | 62,320 | 52,897 | 10,025 | |||||||||||
| Admin Expenses | 71,480 | 60,113 | 48,793 | |||||||||||
| Operating Profit | -9,160 | -7,216 | -38,768 | |||||||||||
| Interest Payable | 4,319 | 3,358 | 466 | |||||||||||
| Interest Receivable | 0 | 0 | 0 | |||||||||||
| Pre-Tax Profit | -11,510 | -8,876 | -39,234 | |||||||||||
| Tax | 0 | 0 | 0 | |||||||||||
| Profit After Tax | -11,510 | -8,876 | -39,234 | |||||||||||
| Dividends Paid | 0 | 0 | 0 | |||||||||||
| Retained Profit | -11,510 | -8,876 | -39,234 | |||||||||||
| Employee Costs | 31,446 | 22,769 | 15,218 | |||||||||||
| Number Of Employees | 5 | 5 | 2 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* | -8,188 | -6,001 | -37,486 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,763 | 12,059 | 8,369 | 2,560 | 3,415 | 2,739 | 3,423 | 4,278 | 3,562 | 4,233 | 4,732 | 3,889 | 4,861 | 5,117 |
| Intangible Assets | 0 | 0 | 0 | 0 | 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 | 8,763 | 12,059 | 8,369 | 2,560 | 3,415 | 2,739 | 3,423 | 4,278 | 3,562 | 4,233 | 4,732 | 3,889 | 4,861 | 5,117 |
| Stock & work in progress | 0 | 17,987 | 17,987 | 19,789 | 22,379 | 28,873 | 28,539 | 28,539 | 28,539 | 30,262 | 24,362 | 29,469 | 26,600 | 22,800 |
| Trade Debtors | 16,079 | 3,112 | 2,767 | 2,282 | 2,800 | 594 | 680 | 4,239 | 1,039 | 8,195 | 1,768 | 3,370 | 1,878 | 1,519 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 289 | 934 | 220 | 260 | 1,997 | 1,745 | 0 | 0 | 0 | 0 | 2,604 | 2,698 | 2,608 |
| Cash | 0 | 897 | 1,281 | 98 | 1,831 | 0 | 0 | 150 | 150 | 150 | 150 | 152 | 0 | 384 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 16,079 | 22,285 | 22,969 | 22,389 | 27,270 | 31,464 | 30,964 | 32,928 | 29,728 | 38,607 | 26,280 | 35,595 | 31,176 | 27,311 |
| total assets | 24,842 | 34,344 | 31,338 | 24,949 | 30,685 | 34,203 | 34,387 | 37,206 | 33,290 | 42,840 | 31,012 | 39,484 | 36,037 | 32,428 |
| Bank overdraft | 0 | 6,560 | 4,597 | 10,463 | 8,797 | 13,944 | 749 | 18,985 | 0 | 0 | 0 | 0 | 21,002 | 17,350 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 351,435 | 4,122 | 32 | 657 | 2,793 | 4,277 | 1,323 | 2,274 | 101,668 | 108,505 | 99,609 | 49,972 | 75 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 77,910 | 69,954 | 0 | 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 | 0 | 271,225 | 159,432 | 117,025 | 2,018 | 787 | 15,657 | 1,772 | 0 | 0 | 0 | 0 | 241 | 555 |
| total current liabilities | 351,435 | 281,907 | 164,061 | 128,145 | 13,608 | 19,008 | 95,639 | 92,985 | 101,668 | 108,505 | 99,609 | 49,972 | 21,318 | 17,905 |
| loans | 0 | 5,051 | 6,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49,131 | 62,828 | 53,756 |
| 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 | 116,138 | 94,235 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 701 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 5,752 | 6,200 | 0 | 116,138 | 94,235 | 0 | 0 | 0 | 0 | 0 | 49,131 | 62,828 | 53,756 |
| total liabilities | 351,435 | 287,659 | 170,261 | 128,145 | 129,746 | 113,243 | 95,639 | 92,985 | 101,668 | 108,505 | 99,609 | 99,103 | 84,146 | 71,661 |
| net assets | -326,593 | -253,315 | -138,923 | -103,196 | -99,061 | -79,040 | -61,252 | -55,779 | -68,378 | -65,665 | -68,597 | -59,619 | -48,109 | -39,233 |
| total shareholders funds | -326,593 | -253,315 | -138,923 | -103,196 | -99,061 | -79,040 | -61,252 | -55,779 | -68,378 | -65,665 | -68,597 | -59,619 | -48,109 | -39,233 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -9,160 | -7,216 | -38,768 | |||||||||||
| Depreciation | 4,630 | 3,367 | 854 | 1,138 | 684 | 855 | 1,070 | 890 | 1,058 | 1,183 | 972 | 1,215 | 1,282 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | |||||||||||
| Stock | -17,987 | 0 | -1,802 | -2,590 | -6,494 | 334 | 0 | 0 | -1,723 | 5,900 | -5,107 | 2,869 | 3,800 | 22,800 |
| Debtors | 12,678 | -300 | 1,199 | -558 | 469 | 166 | -1,814 | 3,200 | -7,156 | 6,427 | -4,206 | 1,398 | 449 | 4,127 |
| Creditors | 347,313 | 4,090 | -625 | -2,136 | -1,484 | 2,954 | -951 | -99,394 | -6,837 | 8,896 | 49,637 | 49,897 | 75 | 0 |
| Accruals and Deferred Income | -271,225 | 111,793 | 42,407 | 115,007 | 1,231 | -14,870 | 13,885 | 1,772 | 0 | 0 | 0 | -241 | -314 | 555 |
| Deferred Taxes & Provisions | -701 | 701 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 37,201 | -10,489 | -63,858 | |||||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | -77,910 | 7,956 | 69,954 | 0 | 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 | -5,051 | -1,149 | 6,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -49,131 | -13,697 | 9,072 | 53,756 |
| 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 | -116,138 | 21,903 | 94,235 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -4,319 | -3,358 | -466 | |||||||||||
| cash flow from financing | -18,016 | 5,714 | 53,291 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -897 | -384 | 1,183 | -1,733 | 1,831 | 0 | -150 | 0 | 0 | 0 | -2 | 152 | -384 | 384 |
| overdraft | -6,560 | 1,963 | -5,866 | 1,666 | -5,147 | 13,195 | -18,236 | 18,985 | 0 | 0 | 0 | -21,002 | 3,652 | 17,350 |
| change in cash | 5,663 | -2,347 | 7,049 | -3,399 | 6,978 | -13,195 | 18,086 | -18,985 | 0 | 0 | -2 | 21,154 | -4,036 | -16,966 |
ben mak london ltd Credit Report and Business Information
Ben Mak London Ltd Competitor Analysis
Perform a competitor analysis for ben mak london ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BN3 area or any other competitors across 12 key performance metrics.
ben mak london ltd Ownership
BEN MAK LONDON LTD group structure
Ben Mak London Ltd has no subsidiary companies.
Ultimate parent company
BEN MAK LONDON LTD
06910511
ben mak london ltd directors
Ben Mak London Ltd currently has 2 directors. The longest serving directors include Ms Ingrid Heskett (May 2009) and Mr Ben Mak (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Ingrid Heskett | United Kingdom | 57 years | May 2009 | - | Director |
| Mr Ben Mak | England | 36 years | Sep 2020 | - | Director |
P&L
May 2023turnover
567.2k
+560%
operating profit
-72.6k
0%
gross margin
29.7%
-1.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-326.6k
+0.29%
total assets
24.8k
-0.28%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
ben mak london ltd company details
company number
06910511
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
47820 - Retail sale via stalls and markets of textiles, clothing and footwear
14190 - Manufacture of other wearing apparel and accessories
incorporation date
May 2009
age
15
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
the crystal atelier ltd (September 2020)
madebyi limited (January 2020)
accountant
-
auditor
-
address
flat 8 dubarry house, hove park villas, hove, east sussex, BN3 6HP
Bank
-
Legal Advisor
-
ben mak london 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 ben mak london ltd.
ben mak london ltd Companies House Filings - See Documents
| date | description | view/download |
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