michael watkins limited
michael watkins limited Company Information
Company Number
08295183
Next Accounts
34 days late
Directors
Shareholders
nicola watkins
michael watkins
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
broad house 1 the broadway, old hatfield, hertfordshire, AL9 5BG
Website
genesisadvisers.commichael watkins limited Estimated Valuation
Pomanda estimates the enterprise value of MICHAEL WATKINS LIMITED at £56.2k based on a Turnover of £164k and 0.34x industry multiple (adjusted for size and gross margin).
michael watkins limited Estimated Valuation
Pomanda estimates the enterprise value of MICHAEL WATKINS LIMITED at £0 based on an EBITDA of £-725 and a 2.48x industry multiple (adjusted for size and gross margin).
michael watkins limited Estimated Valuation
Pomanda estimates the enterprise value of MICHAEL WATKINS LIMITED at £1.2k based on Net Assets of £857 and 1.38x industry multiple (adjusted for liquidity).
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Michael Watkins Limited Overview
Michael Watkins Limited is a live company located in hertfordshire, AL9 5BG with a Companies House number of 08295183. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2012, it's largest shareholder is nicola watkins with a 45% stake. Michael Watkins Limited is a established, micro sized company, Pomanda has estimated its turnover at £164k with declining growth in recent years.
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Michael Watkins Limited Health Check
Pomanda's financial health check has awarded Michael Watkins Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £164k, make it smaller than the average company (£2.1m)
- Michael Watkins Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (2.3%)
- Michael Watkins Limited
2.3% - Industry AVG
Production
with a gross margin of 9.4%, this company has a higher cost of product (25.9%)
- Michael Watkins Limited
25.9% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (8.4%)
- Michael Watkins Limited
8.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Michael Watkins Limited
6 - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£46k)
- Michael Watkins Limited
£46k - Industry AVG
Efficiency
resulting in sales per employee of £164k, this is less efficient (£270.7k)
- Michael Watkins Limited
£270.7k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (28 days)
- Michael Watkins Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 104 days, this is slower than average (30 days)
- Michael Watkins Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Michael Watkins Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Michael Watkins Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98%, this is a higher level of debt than the average (73.8%)
98% - Michael Watkins Limited
73.8% - Industry AVG
MICHAEL WATKINS LIMITED financials
Michael Watkins Limited's latest turnover from March 2023 is estimated at £164 thousand and the company has net assets of £857. According to their latest financial statements, Michael Watkins Limited 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,299 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 1,299 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 42,081 | 38,174 | 38,259 | 38,313 | 38,379 | 38,447 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 | 10,000 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 4,590 | 24,756 | 5,540 | 100 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 27,944 | 27,944 | 27,944 | 97,430 | 0 |
| total current assets | 42,081 | 38,174 | 38,259 | 38,313 | 38,379 | 38,447 | 42,534 | 62,700 | 33,484 | 97,530 | 0 |
| total assets | 43,380 | 38,174 | 38,259 | 38,313 | 38,379 | 38,447 | 42,534 | 62,700 | 33,484 | 97,530 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 42,523 | 36,592 | 36,592 | 36,592 | 36,592 | 19,592 | 0 | 0 | 26,543 | 49,486 | 0 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 23,592 | 59,828 | 0 | 0 | 0 |
| total current liabilities | 42,523 | 36,592 | 36,592 | 36,592 | 36,592 | 19,592 | 23,592 | 59,828 | 26,543 | 49,486 | 0 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 42,523 | 36,592 | 36,592 | 36,592 | 36,592 | 19,592 | 23,592 | 59,828 | 26,543 | 49,486 | 0 |
| net assets | 857 | 1,582 | 1,667 | 1,721 | 1,787 | 18,855 | 18,942 | 2,872 | 6,941 | 48,044 | 0 |
| total shareholders funds | 857 | 1,582 | 1,667 | 1,721 | 1,787 | 18,855 | 18,942 | 2,872 | 6,941 | 48,044 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,907 | -85 | -54 | -66 | -68 | 28,447 | 0 | 10,000 | 0 | 0 | 0 |
| Creditors | 5,931 | 0 | 0 | 0 | 17,000 | 19,592 | 0 | -26,543 | -22,943 | 49,486 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -23,592 | -36,236 | 59,828 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -4,590 | -20,166 | 19,216 | 5,440 | 100 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -4,590 | -20,166 | 19,216 | 5,440 | 100 | 0 |
michael watkins limited Credit Report and Business Information
Michael Watkins Limited Competitor Analysis
Perform a competitor analysis for michael watkins limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in AL9 area or any other competitors across 12 key performance metrics.
michael watkins limited Ownership
MICHAEL WATKINS LIMITED group structure
Michael Watkins Limited has no subsidiary companies.
Ultimate parent company
MICHAEL WATKINS LIMITED
08295183
michael watkins limited directors
Michael Watkins Limited currently has 1 director, Mr Michael Watkins serving since Nov 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Watkins | 65 years | Nov 2012 | - | Director |
P&L
March 2023turnover
164k
0%
operating profit
-725
0%
gross margin
9.4%
+7.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
857
-0.46%
total assets
43.4k
+0.14%
cash
0
0%
net assets
Total assets minus all liabilities
michael watkins limited company details
company number
08295183
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 2012
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
broad house 1 the broadway, old hatfield, hertfordshire, AL9 5BG
Bank
-
Legal Advisor
-
michael watkins 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 did not find charges/mortgages relating to michael watkins limited.
michael watkins 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 MICHAEL WATKINS LIMITED. This can take several minutes, an email will notify you when this has completed.
michael watkins limited Companies House Filings - See Documents
| date | description | view/download |
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