memnet limited
memnet limited Company Information
Company Number
06912288
Next Accounts
Sep 2025
Shareholders
stratum holdings limited
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
107 cheapside, london, EC2V 6DN
Website
http://memnet.org.ukmemnet limited Estimated Valuation
Pomanda estimates the enterprise value of MEMNET LIMITED at £2.3k based on a Turnover of £4.8k and 0.48x industry multiple (adjusted for size and gross margin).
memnet limited Estimated Valuation
Pomanda estimates the enterprise value of MEMNET LIMITED at £0 based on an EBITDA of £-41 and a 3.2x industry multiple (adjusted for size and gross margin).
memnet limited Estimated Valuation
Pomanda estimates the enterprise value of MEMNET LIMITED at £0 based on Net Assets of £-1.8k and 2.35x industry multiple (adjusted for liquidity).
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Memnet Limited Overview
Memnet Limited is a live company located in london, EC2V 6DN with a Companies House number of 06912288. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in May 2009, it's largest shareholder is stratum holdings limited with a 100% stake. Memnet Limited is a established, micro sized company, Pomanda has estimated its turnover at £4.8k with unknown growth in recent years.
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Memnet Limited Health Check
Pomanda's financial health check has awarded Memnet Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
8 Weak
Size
annual sales of £4.8k, make it smaller than the average company (£2.9m)
- Memnet Limited
£2.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Memnet Limited
- - Industry AVG
Production
with a gross margin of 24.1%, this company has a higher cost of product (44.9%)
- Memnet Limited
44.9% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (5.6%)
- Memnet Limited
5.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
- Memnet Limited
23 - Industry AVG
Pay Structure
on an average salary of £53.6k, the company has an equivalent pay structure (£53.6k)
- Memnet Limited
£53.6k - Industry AVG
Efficiency
resulting in sales per employee of £4.8k, this is less efficient (£126.3k)
- Memnet Limited
£126.3k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (56 days)
- Memnet Limited
56 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Memnet Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Memnet Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (25 weeks)
9 weeks - Memnet Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 189.9%, this is a higher level of debt than the average (53.3%)
189.9% - Memnet Limited
53.3% - Industry AVG
MEMNET LIMITED financials
Memnet Limited's latest turnover from December 2023 is estimated at £4.8 thousand and the company has net assets of -£1.8 thousand. According to their latest financial statements, we estimate that Memnet Limited has 1 employee and maintains cash reserves of £716 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | 1 | 1 | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 40 | 135 | 190 | 285 | 380 | ||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 457 | 457 | 457 | ||||||||||||
| Total Fixed Assets | 457 | 457 | 497 | 135 | 190 | 285 | 380 | ||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,264 | 1,264 | 27,621 | 39,040 | 3,836 | 13,163 | 1,379 | 4,135 | 38 | ||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,264 | 1,171 | 573 | 2,911 | |||||||||||
| Cash | 716 | 856 | 856 | 1,885 | 1,920 | 6,874 | 2,553 | 2,646 | 7,545 | 4,209 | |||||
| misc current assets | |||||||||||||||
| total current assets | 1,980 | 2,120 | 2,120 | 3,056 | 2,493 | 27,621 | 39,040 | 6,747 | 13,163 | 6,874 | 3,932 | 2,646 | 11,680 | 4,209 | 38 |
| total assets | 1,980 | 2,120 | 2,577 | 3,513 | 2,990 | 27,756 | 39,230 | 7,032 | 13,543 | 6,874 | 3,932 | 2,646 | 11,680 | 4,209 | 38 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 9,936 | 22,817 | 6,874 | 12,363 | 5,024 | 3,484 | 1,494 | 7,793 | 3,534 | 1,320 | |||||
| Group/Directors Accounts | 3,360 | 3,500 | 3,500 | 3,500 | |||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 400 | 400 | |||||||||||||
| total current liabilities | 3,760 | 3,900 | 3,500 | 3,500 | 9,936 | 22,817 | 6,874 | 12,363 | 5,024 | 3,484 | 1,494 | 7,793 | 3,534 | 1,320 | |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 100 | ||||||||||||||
| total long term liabilities | 100 | ||||||||||||||
| total liabilities | 3,760 | 3,900 | 3,500 | 3,500 | 9,936 | 22,817 | 6,874 | 12,363 | 5,024 | 3,584 | 1,494 | 7,793 | 3,534 | 1,320 | |
| net assets | -1,780 | -1,780 | -923 | 13 | 2,990 | 17,820 | 16,413 | 158 | 1,180 | 1,850 | 348 | 1,152 | 3,887 | 675 | -1,282 |
| total shareholders funds | -1,780 | -1,780 | -923 | 13 | 2,990 | 17,820 | 16,413 | 158 | 1,180 | 1,850 | 348 | 1,152 | 3,887 | 675 | -1,282 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 40 | ||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -457 | 93 | 598 | -26,591 | 20,874 | 32,293 | -6,416 | 13,163 | -1,379 | 1,379 | -4,135 | 4,135 | -38 | 38 | |
| Creditors | -9,936 | 3,062 | 15,943 | -5,489 | 7,339 | 1,540 | 1,990 | -6,299 | 4,259 | 2,214 | 1,320 | ||||
| Accruals and Deferred Income | 400 | ||||||||||||||
| Deferred Taxes & Provisions | -100 | 100 | |||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -140 | 3,500 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -140 | -1,029 | -35 | 1,920 | -6,874 | 4,321 | -93 | -4,899 | 3,336 | 4,209 | |||||
| overdraft | |||||||||||||||
| change in cash | -140 | -1,029 | -35 | 1,920 | -6,874 | 4,321 | -93 | -4,899 | 3,336 | 4,209 |
memnet limited Credit Report and Business Information
Memnet Limited Competitor Analysis
Perform a competitor analysis for memnet limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EC2V area or any other competitors across 12 key performance metrics.
memnet limited Ownership
MEMNET LIMITED group structure
Memnet Limited has no subsidiary companies.
Ultimate parent company
AFSF III AIV-C LP
#0155065
2 parents
MEMNET LIMITED
06912288
memnet limited directors
Memnet Limited currently has 3 directors. The longest serving directors include Mr Joshua Rowe (Nov 2019) and Mr Mark Grafton (Sep 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joshua Rowe | England | 48 years | Nov 2019 | - | Director |
| Mr Mark Grafton | England | 50 years | Sep 2024 | - | Director |
| Ms Else Hamilton | England | 50 years | Sep 2024 | - | Director |
P&L
December 2023turnover
4.8k
+2%
operating profit
-41.3
0%
gross margin
24.2%
+2.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.8k
0%
total assets
2k
-0.07%
cash
716
-0.16%
net assets
Total assets minus all liabilities
memnet limited company details
company number
06912288
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
May 2009
age
16
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
107 cheapside, london, EC2V 6DN
Bank
-
Legal Advisor
-
memnet 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 2 charges/mortgages relating to memnet limited. Currently there are 0 open charges and 2 have been satisfied in the past.
memnet 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.
Click to start generating capital raising & share issue transactions for MEMNET LIMITED. This can take several minutes, an email will notify you when this has completed.
memnet limited Companies House Filings - See Documents
| date | description | view/download |
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