mgbs projects ltd
mgbs projects ltd Company Information
Company Number
07820441
Next Accounts
51 days late
Directors
Shareholders
ben jones
sam jones
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
14a haven road, poole, dorset, BH13 7LP
Website
-mgbs projects ltd Estimated Valuation
Pomanda estimates the enterprise value of MGBS PROJECTS LTD at £79.6k based on a Turnover of £237.3k and 0.34x industry multiple (adjusted for size and gross margin).
mgbs projects ltd Estimated Valuation
Pomanda estimates the enterprise value of MGBS PROJECTS LTD at £8.4k based on an EBITDA of £3.2k and a 2.58x industry multiple (adjusted for size and gross margin).
mgbs projects ltd Estimated Valuation
Pomanda estimates the enterprise value of MGBS PROJECTS LTD at £165k based on Net Assets of £110.4k and 1.49x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mgbs Projects Ltd Overview
Mgbs Projects Ltd is a live company located in dorset, BH13 7LP with a Companies House number of 07820441. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2011, it's largest shareholder is ben jones with a 25% stake. Mgbs Projects Ltd is a established, micro sized company, Pomanda has estimated its turnover at £237.3k with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mgbs Projects Ltd Health Check
Pomanda's financial health check has awarded Mgbs Projects Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £237.3k, make it smaller than the average company (£2.1m)
- Mgbs Projects Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2.3%)
- Mgbs Projects Ltd
2.3% - Industry AVG
Production
with a gross margin of 9.4%, this company has a higher cost of product (25.9%)
- Mgbs Projects Ltd
25.9% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (8.4%)
- Mgbs Projects Ltd
8.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Mgbs Projects Ltd
6 - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£46k)
- Mgbs Projects Ltd
£46k - Industry AVG
Efficiency
resulting in sales per employee of £237.3k, this is equally as efficient (£270.5k)
- Mgbs Projects Ltd
£270.5k - Industry AVG
Debtor Days
it gets paid by customers after 174 days, this is later than average (28 days)
- Mgbs Projects Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (31 days)
- Mgbs Projects Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mgbs Projects Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mgbs Projects Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.8%, this is a lower level of debt than the average (73.8%)
2.8% - Mgbs Projects Ltd
73.8% - Industry AVG
MGBS PROJECTS LTD financials
Mgbs Projects Ltd's latest turnover from March 2023 is estimated at £237.3 thousand and the company has net assets of £110.4 thousand. According to their latest financial statements, Mgbs Projects Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,053 | 1,634 | 0 |
| Trade Debtors | 113,557 | 110,250 | 107,040 | 103,923 | 102,864 | 100,547 | 98,318 | 0 | 0 | 4 | 4 | 4 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 136,949 | 176,484 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 113,557 | 110,250 | 107,040 | 103,923 | 102,864 | 100,547 | 98,318 | 136,949 | 176,484 | 4,057 | 1,638 | 4 |
| total assets | 113,557 | 110,250 | 107,040 | 103,923 | 102,864 | 100,547 | 98,318 | 136,949 | 176,484 | 4,057 | 1,638 | 4 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,139 | 2,462 | 1,609 | 774 | 1,715 | 1,685 | 1,597 | 0 | 0 | 4,053 | 1,634 | 0 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,139 | 2,462 | 1,609 | 774 | 1,715 | 1,685 | 1,597 | 0 | 0 | 4,053 | 1,634 | 0 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 232 | 211 | 205 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,084 | 41,426 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 232 | 211 | 205 | 2,084 | 41,426 | 0 | 0 | 0 |
| total liabilities | 3,139 | 2,462 | 1,609 | 774 | 1,947 | 1,896 | 1,802 | 2,084 | 41,426 | 4,053 | 1,634 | 0 |
| net assets | 110,418 | 107,788 | 105,431 | 103,149 | 100,917 | 98,651 | 96,516 | 134,865 | 135,058 | 4 | 4 | 4 |
| total shareholders funds | 110,418 | 107,788 | 105,431 | 103,149 | 100,917 | 98,651 | 96,516 | 134,865 | 135,058 | 4 | 4 | 4 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,053 | 2,419 | 1,634 | 0 |
| Debtors | 3,307 | 3,210 | 3,117 | 1,059 | 2,317 | 2,229 | 98,318 | 0 | -4 | 0 | 0 | 4 |
| Creditors | 677 | 853 | 835 | -941 | 30 | 88 | 1,597 | 0 | -4,053 | 2,419 | 1,634 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | -232 | 21 | 6 | 205 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 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 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -2,084 | -39,342 | 41,426 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -136,949 | -39,535 | 176,484 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -136,949 | -39,535 | 176,484 | 0 | 0 | 0 |
mgbs projects ltd Credit Report and Business Information
Mgbs Projects Ltd Competitor Analysis
Perform a competitor analysis for mgbs projects ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BH13 area or any other competitors across 12 key performance metrics.
mgbs projects ltd Ownership
MGBS PROJECTS LTD group structure
Mgbs Projects Ltd has no subsidiary companies.
Ultimate parent company
MGBS PROJECTS LTD
07820441
mgbs projects ltd directors
Mgbs Projects Ltd currently has 1 director, Mr Michael Jones serving since Oct 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Jones | 70 years | Oct 2011 | - | Director |
P&L
March 2023turnover
237.3k
+3%
operating profit
3.2k
0%
gross margin
9.4%
+7.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
110.4k
+0.02%
total assets
113.6k
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
mgbs projects ltd company details
company number
07820441
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2011
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
AZETS
auditor
-
address
14a haven road, poole, dorset, BH13 7LP
Bank
-
Legal Advisor
-
mgbs projects 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 mgbs projects ltd.
mgbs projects 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.
Click to start generating capital raising & share issue transactions for MGBS PROJECTS LTD. This can take several minutes, an email will notify you when this has completed.
mgbs projects ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
