the mobility furniture company ltd
the mobility furniture company ltd Company Information
Company Number
07934534
Next Accounts
1839 days late
Directors
Shareholders
peter kitson
bridgett kitson
View AllGroup Structure
View All
Industry
Other retail sale not in stores, stalls or markets
Registered Address
1 radian court, knowlhill, milton keynes, buckinghamshire, MK5 8PJ
the mobility furniture company ltd Estimated Valuation
Pomanda estimates the enterprise value of THE MOBILITY FURNITURE COMPANY LTD at £2.4m based on a Turnover of £5.7m and 0.41x industry multiple (adjusted for size and gross margin).
the mobility furniture company ltd Estimated Valuation
Pomanda estimates the enterprise value of THE MOBILITY FURNITURE COMPANY LTD at £807.9k based on an EBITDA of £187.7k and a 4.31x industry multiple (adjusted for size and gross margin).
the mobility furniture company ltd Estimated Valuation
Pomanda estimates the enterprise value of THE MOBILITY FURNITURE COMPANY LTD at £825.5k based on Net Assets of £395.3k and 2.09x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Mobility Furniture Company Ltd Overview
The Mobility Furniture Company Ltd is a live company located in milton keynes, MK5 8PJ with a Companies House number of 07934534. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in February 2012, it's largest shareholder is peter kitson with a 55% stake. The Mobility Furniture Company Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.7m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
The Mobility Furniture Company Ltd Health Check
Pomanda's financial health check has awarded The Mobility Furniture Company Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £5.7m, make it larger than the average company (£398.7k)
- The Mobility Furniture Company Ltd
£398.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (4.9%)
- The Mobility Furniture Company Ltd
4.9% - Industry AVG
Production
with a gross margin of 33.6%, this company has a comparable cost of product (33.6%)
- The Mobility Furniture Company Ltd
33.6% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (5.9%)
- The Mobility Furniture Company Ltd
5.9% - Industry AVG
Employees
with 32 employees, this is above the industry average (5)
- The Mobility Furniture Company Ltd
5 - Industry AVG
Pay Structure
on an average salary of £32k, the company has an equivalent pay structure (£32k)
- The Mobility Furniture Company Ltd
£32k - Industry AVG
Efficiency
resulting in sales per employee of £178.9k, this is equally as efficient (£181k)
- The Mobility Furniture Company Ltd
£181k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (43 days)
- The Mobility Furniture Company Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 220 days, this is slower than average (35 days)
- The Mobility Furniture Company Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 23 days, this is less than average (73 days)
- The Mobility Furniture Company Ltd
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (19 weeks)
3 weeks - The Mobility Furniture Company Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.4%, this is a higher level of debt than the average (72.7%)
87.4% - The Mobility Furniture Company Ltd
72.7% - Industry AVG
THE MOBILITY FURNITURE COMPANY LTD financials
The Mobility Furniture Company Ltd's latest turnover from May 2018 is estimated at £5.7 million and the company has net assets of £395.3 thousand. According to their latest financial statements, we estimate that The Mobility Furniture Company Ltd has 32 employees and maintains cash reserves of £161.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|
| 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 156,841 | 164,659 | 89,018 | 84,124 | 50,461 | 30,800 |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 156,841 | 164,659 | 89,018 | 84,124 | 50,461 | 30,800 |
| Stock & work in progress | 239,948 | 176,196 | 202,263 | 210,647 | 189,016 | 80,644 |
| Trade Debtors | 105,506 | 170,062 | 12,987 | 921,750 | 605,136 | 162,083 |
| Group Debtors | ||||||
| Misc Debtors | 2,482,925 | 1,878,558 | 1,172,816 | 31,892 | 75,432 | 9,124 |
| Cash | 161,302 | 153,709 | 379,251 | 92,945 | 54,973 | 72,980 |
| misc current assets | ||||||
| total current assets | 2,989,681 | 2,378,525 | 1,767,317 | 1,257,234 | 924,557 | 324,831 |
| total assets | 3,146,522 | 2,543,184 | 1,856,335 | 1,341,358 | 975,018 | 355,631 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 2,298,767 | 2,000,172 | 545,845 | 1,187,384 | 843,746 | 353,973 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 452,419 | 234,557 | 1,057,706 | |||
| total current liabilities | 2,751,186 | 2,234,729 | 1,603,551 | 1,187,384 | 843,746 | 353,973 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 27,473 | 13,042 | 11,229 | 8,272 | ||
| total long term liabilities | 27,473 | 13,042 | 11,229 | 8,272 | ||
| total liabilities | 2,751,186 | 2,262,202 | 1,616,593 | 1,198,613 | 852,018 | 353,973 |
| net assets | 395,336 | 280,982 | 239,742 | 142,745 | 123,000 | 1,658 |
| total shareholders funds | 395,336 | 280,982 | 239,742 | 142,745 | 123,000 | 1,658 |
| May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 47,282 | 48,019 | 21,869 | 12,052 | 4,754 | |
| Amortisation | ||||||
| Tax | ||||||
| Stock | 63,752 | -26,067 | -8,384 | 21,631 | 108,372 | 80,644 |
| Debtors | 539,811 | 862,817 | 232,161 | 273,074 | 509,361 | 171,207 |
| Creditors | 298,595 | 1,454,327 | -641,539 | 343,638 | 489,773 | 353,973 |
| Accruals and Deferred Income | 217,862 | -823,149 | 1,057,706 | |||
| Deferred Taxes & Provisions | -27,473 | 14,431 | 1,813 | 2,957 | 8,272 | |
| 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 | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 7,593 | -225,542 | 286,306 | 37,972 | -18,007 | 72,980 |
| overdraft | ||||||
| change in cash | 7,593 | -225,542 | 286,306 | 37,972 | -18,007 | 72,980 |
the mobility furniture company ltd Credit Report and Business Information
The Mobility Furniture Company Ltd Competitor Analysis
Perform a competitor analysis for the mobility furniture company ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in MK5 area or any other competitors across 12 key performance metrics.
the mobility furniture company ltd Ownership
THE MOBILITY FURNITURE COMPANY LTD group structure
The Mobility Furniture Company Ltd has no subsidiary companies.
Ultimate parent company
THE MOBILITY FURNITURE COMPANY LTD
07934534
the mobility furniture company ltd directors
The Mobility Furniture Company Ltd currently has 1 director, Mr Peter Kitson serving since Oct 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Kitson | 63 years | Oct 2012 | - | Director |
P&L
May 2018turnover
5.7m
+11%
operating profit
140.4k
0%
gross margin
33.6%
-3.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2018net assets
395.3k
+0.41%
total assets
3.1m
+0.24%
cash
161.3k
+0.05%
net assets
Total assets minus all liabilities
the mobility furniture company ltd company details
company number
07934534
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
incorporation date
February 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2018
previous names
N/A
accountant
-
auditor
-
address
1 radian court, knowlhill, milton keynes, buckinghamshire, MK5 8PJ
Bank
-
Legal Advisor
-
the mobility furniture company 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 found 2 charges/mortgages relating to the mobility furniture company ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
the mobility furniture company 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 THE MOBILITY FURNITURE COMPANY LTD. This can take several minutes, an email will notify you when this has completed.
the mobility furniture company ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
