make it plain ltd
make it plain ltd Company Information
Company Number
08341690
Next Accounts
550 days late
Shareholders
pembroke vct plc
blackfinch ventures
View AllGroup Structure
View All
Industry
Business and domestic software development
Registered Address
c/o frp advisory trading limited, ashcroft house, ervington court, leicester, LE19 1WL
Website
http://oneloveorganics.eumake it plain ltd Estimated Valuation
Pomanda estimates the enterprise value of MAKE IT PLAIN LTD at £656.5k based on a Turnover of £753.4k and 0.87x industry multiple (adjusted for size and gross margin).
make it plain ltd Estimated Valuation
Pomanda estimates the enterprise value of MAKE IT PLAIN LTD at £0 based on an EBITDA of £-743.3k and a 5.32x industry multiple (adjusted for size and gross margin).
make it plain ltd Estimated Valuation
Pomanda estimates the enterprise value of MAKE IT PLAIN LTD at £1.8m based on Net Assets of £766.2k and 2.38x industry multiple (adjusted for liquidity).
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Make It Plain Ltd Overview
Make It Plain Ltd is a live company located in leicester, LE19 1WL with a Companies House number of 08341690. It operates in the business and domestic software development sector, SIC Code 62012. Founded in December 2012, it's largest shareholder is pembroke vct plc with a 45.3% stake. Make It Plain Ltd is a established, small sized company, Pomanda has estimated its turnover at £753.4k with declining growth in recent years.
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Make It Plain Ltd Health Check
Pomanda's financial health check has awarded Make It Plain Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £753.4k, make it smaller than the average company (£3.3m)
- Make It Plain Ltd
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (5.6%)
- Make It Plain Ltd
5.6% - Industry AVG
Production
with a gross margin of 73%, this company has a comparable cost of product (73%)
- Make It Plain Ltd
73% - Industry AVG
Profitability
an operating margin of -124.3% make it less profitable than the average company (4.3%)
- Make It Plain Ltd
4.3% - Industry AVG
Employees
with 16 employees, this is below the industry average (34)
16 - Make It Plain Ltd
34 - Industry AVG
Pay Structure
on an average salary of £63.4k, the company has an equivalent pay structure (£63.4k)
- Make It Plain Ltd
£63.4k - Industry AVG
Efficiency
resulting in sales per employee of £47.1k, this is less efficient (£107.4k)
- Make It Plain Ltd
£107.4k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (59 days)
- Make It Plain Ltd
59 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (44 days)
- Make It Plain Ltd
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Make It Plain Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (21 weeks)
13 weeks - Make It Plain Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.3%, this is a lower level of debt than the average (64.2%)
24.3% - Make It Plain Ltd
64.2% - Industry AVG
MAKE IT PLAIN LTD financials
Make It Plain Ltd's latest turnover from December 2021 is estimated at £753.4 thousand and the company has net assets of £766.2 thousand. According to their latest financial statements, Make It Plain Ltd has 16 employees and maintains cash reserves of £54.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 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 | 16 | 10 | 5 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 11,413 | 19,271 | 15,946 | 414,167 | 288,455 | 155,324 | 1,228 | 1,445 | 6,200 |
| Intangible Assets | 705,112 | 743,305 | 603,349 | ||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 716,525 | 762,576 | 619,295 | 414,167 | 288,455 | 155,324 | 1,228 | 1,445 | 6,200 |
| Stock & work in progress | 91,936 | 75,000 | 38,000 | ||||||
| Trade Debtors | 21,992 | 21,173 | 270,879 | 175,218 | 176,217 | 2,229 | 3,854 | 1,437 | |
| Group Debtors | |||||||||
| Misc Debtors | 218,535 | 146,711 | 221,794 | ||||||
| Cash | 54,444 | 506,554 | 80,833 | 971 | 1,436 | ||||
| misc current assets | |||||||||
| total current assets | 294,971 | 674,438 | 302,627 | 270,879 | 175,218 | 176,217 | 95,136 | 78,854 | 40,873 |
| total assets | 1,011,496 | 1,437,014 | 921,922 | 685,046 | 463,673 | 331,541 | 96,364 | 80,299 | 47,073 |
| Bank overdraft | |||||||||
| Bank loan | 11,040 | 4,150 | |||||||
| Trade Creditors | 17,679 | 45,872 | 39,397 | 160,691 | 145,889 | 65,264 | 83,913 | 77,548 | 47,295 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 181,792 | 135,960 | 78,253 | ||||||
| total current liabilities | 210,511 | 185,982 | 117,650 | 160,691 | 145,889 | 65,264 | 83,913 | 77,548 | 47,295 |
| loans | 34,793 | 45,850 | |||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | 176,170 | 2,138 | |||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 34,793 | 45,850 | 347,581 | 176,170 | 2,138 | ||||
| total liabilities | 245,304 | 231,832 | 117,650 | 508,272 | 322,059 | 67,402 | 83,913 | 77,548 | 47,295 |
| net assets | 766,192 | 1,205,182 | 804,272 | 176,774 | 141,614 | 264,139 | 12,451 | 2,751 | -222 |
| total shareholders funds | 766,192 | 1,205,182 | 804,272 | 176,774 | 141,614 | 264,139 | 12,451 | 2,751 | -222 |
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 9,441 | 5,411 | 2,928 | 217 | 255 | 1,800 | |||
| Amortisation | 183,909 | 149,569 | 104,588 | ||||||
| Tax | |||||||||
| Stock | -91,936 | 16,936 | 37,000 | 38,000 | |||||
| Debtors | 72,643 | -53,910 | -49,085 | 95,661 | -999 | 173,988 | -1,625 | 2,417 | 1,437 |
| Creditors | -28,193 | 6,475 | -121,294 | 14,802 | 80,625 | -18,649 | 6,365 | 30,253 | 47,295 |
| Accruals and Deferred Income | 45,832 | 57,707 | 78,253 | -176,170 | 174,032 | 2,138 | |||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 6,890 | 4,150 | |||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | -11,057 | 45,850 | |||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -452,110 | 425,721 | 80,833 | -971 | 971 | -1,436 | 1,436 | ||
| overdraft | |||||||||
| change in cash | -452,110 | 425,721 | 80,833 | -971 | 971 | -1,436 | 1,436 |
make it plain ltd Credit Report and Business Information
Make It Plain Ltd Competitor Analysis
Perform a competitor analysis for make it plain ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in LE19 area or any other competitors across 12 key performance metrics.
make it plain ltd Ownership
MAKE IT PLAIN LTD group structure
Make It Plain Ltd has no subsidiary companies.
Ultimate parent company
MAKE IT PLAIN LTD
08341690
make it plain ltd directors
Make It Plain Ltd currently has 5 directors. The longest serving directors include Mr Nahiem Razaq (Dec 2012) and Mr Andrew Wolfson (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nahiem Razaq | United Kingdom | 43 years | Dec 2012 | - | Director |
| Mr Andrew Wolfson | United Kingdom | 56 years | Apr 2019 | - | Director |
| Mr Ian Blackburn | England | 67 years | Dec 2019 | - | Director |
| Mr Andrew Doe | England | 61 years | Dec 2019 | - | Director |
| Mr Daniel Neeld | 39 years | Dec 2023 | - | Director |
P&L
December 2021turnover
753.4k
+55%
operating profit
-936.7k
0%
gross margin
73.1%
+0.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
766.2k
-0.36%
total assets
1m
-0.3%
cash
54.4k
-0.89%
net assets
Total assets minus all liabilities
make it plain ltd company details
company number
08341690
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
December 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2021
previous names
N/A
accountant
-
auditor
-
address
c/o frp advisory trading limited, ashcroft house, ervington court, leicester, LE19 1WL
Bank
-
Legal Advisor
-
make it plain 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 1 charges/mortgages relating to make it plain ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
make it plain 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 MAKE IT PLAIN LTD. This can take several minutes, an email will notify you when this has completed.
make it plain ltd Companies House Filings - See Documents
| date | description | view/download |
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