Meypal Ltd

POWER SEARCH PRICING

SOLUTIONS

meypal ltd Company Information

Live

EstablishedSmallHigh

Company Number

08482994

Website

www.meypal.co.uk

Registered Address

261 green lanes, london, N13 4XE

Industry

Wholesale of fruit and vegetables

Telephone

02085204774

Next Accounts Due

January 2025

Group Structure

View All

Directors

Sazimet Palta-Imre11 Years

Shareholders

sazimet imre 100%

meypal ltd Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of MEYPAL LTD at £1.1m based on a Turnover of £4.8m and 0.23x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Meypal Ltd is a live company located in london, N13 4XE with a Companies House number of 08482994. It operates in the wholesale of fruit and vegetables sector, SIC Code 46310. Founded in April 2013, it's largest shareholder is sazimet imre with a 100% stake. Meypal Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.8m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Meypal Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

3 Strong

3 Regular

6 Weak

Size

annual sales of £4.8m, make it smaller than the average company (£19.9m)

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (3.8%)

EXPORT

Meypal Ltd's latest turnover from April 2023 is estimated at £4.8 million and the company has net assets of £314.1 thousand. According to their latest financial statements, Meypal Ltd has 13 employees and maintains cash reserves of £230.7 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014
Turnover	4,826,407	5,430,998	4,077,627	2,836,449	5,143,181	4,635,098	4,751,608	2,827,232	1,623,825	666,557
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	4,486,750	5,015,396	3,793,195	2,650,393	4,788,653	4,316,628	4,402,541	2,605,967	1,503,618	620,080
Gross Profit	339,657	415,602	284,432	186,056	354,529	318,470	349,067	221,265	120,207	46,477
Admin Expenses	231,903	345,059	283,198	193,648	354,096	304,856	274,082	185,514	56,520	27,756
Operating Profit	107,754	70,543	1,234	-7,592	433	13,614	74,985	35,751	63,687	18,721
Interest Payable	5,142	2,045	3,156	1,309	0	0	0	0	0	0
Interest Receivable	6,626	831	101	30	0	0	15	140	143	33
Pre-Tax Profit	109,237	69,330	-1,822	-8,870	433	13,614	75,000	35,891	63,830	18,754
Tax	-27,309	-13,173	0	0	-82	-2,587	-14,250	-7,178	-12,766	-3,938
Profit After Tax	81,928	56,157	-1,822	-8,870	351	11,027	60,750	28,713	51,064	14,816
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Retained Profit	81,928	56,157	-1,822	-8,870	351	11,027	60,750	28,713	51,064	14,816
Employee Costs	464,353	432,111	416,704	383,955	186,149	188,603	181,367	89,407	57,941	28,222
Number Of Employees	13	13	13	12	6	6	6	3	2	1
EBITDA*	127,208	70,543	19,444	13,138	433	13,614	74,985	51,561	73,601	18,996

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014
Tangible Assets	112,990	103,941	117,624	133,934	90,664	102,744	104,567	118,428	88,219	1,557
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Investments & Other	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
Total Fixed Assets	112,990	103,941	117,624	133,934	90,664	102,744	104,567	118,428	88,219	1,557
Stock & work in progress	38,260	106,130	109,600	59,190	0	0	0	52,260	6,280	0
Trade Debtors	935,688	1,017,070	607,973	501,821	781,947	687,837	701,351	397,439	251,776	91,208
Group Debtors	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0
Cash	230,731	81,083	140,572	60,577	0	0	0	12,134	43,832	13,349
misc current assets	0	0	0	0	0	0	0	0	0	0
total current assets	1,204,679	1,204,283	858,145	621,588	781,947	687,837	701,351	461,833	301,888	104,557
total assets	1,317,669	1,308,224	975,769	755,522	872,611	790,581	805,918	580,261	390,107	106,114
Bank overdraft	1,099	0	0	29,346	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0
Trade Creditors	830,269	1,023,625	739,162	436,719	686,677	624,211	650,575	485,568	324,127	91,198
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0
other current liabilities	72,948	0	0	98,043	0	0	0	0	0	0
total current liabilities	904,316	1,023,625	739,162	564,108	686,677	624,211	650,575	485,568	324,127	91,198
loans	99,239	0	60,578	13,563	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0
other liabilities	0	52,413	0	0	19,213	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0
total long term liabilities	99,239	52,413	60,578	13,563	19,213	0	0	0	0	0
total liabilities	1,003,555	1,076,038	799,740	577,671	705,890	624,211	650,575	485,568	324,127	91,198
net assets	314,114	232,186	176,029	177,851	166,721	166,370	155,343	94,693	65,980	14,916
total shareholders funds	314,114	232,186	176,029	177,851	166,721	166,370	155,343	94,693	65,980	14,916

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014
Operating Activities
Operating Profit	107,754	70,543	1,234	-7,592	433	13,614	74,985	35,751	63,687	18,721
Depreciation	19,454	0	18,210	20,730	0	0	0	15,810	9,914	275
Amortisation	0	0	0	0	0	0	0	0	0	0
Tax	-27,309	-13,173	0	0	-82	-2,587	-14,250	-7,178	-12,766	-3,938
Stock	-67,870	-3,470	50,410	59,190	0	0	-52,260	45,980	6,280	0
Debtors	-81,382	409,097	106,152	-280,126	94,110	-13,514	303,912	145,663	160,568	91,208
Creditors	-193,356	284,463	302,443	-249,958	62,466	-26,364	165,007	161,441	232,929	91,198
Accruals and Deferred Income	72,948	0	-98,043	98,043	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	128,743	-63,794	67,282	82,159	-31,293	-1,823	-25,910	14,181	126,916	15,048
Investing Activities
capital expenditure	-28,503	13,683	-1,900	-64,000	12,080	1,823	13,861	-46,019	-96,576	-1,832
Change in Investments	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-28,503	13,683	-1,900	-64,000	12,080	1,823	13,861	-46,019	-96,576	-1,832
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0
Long term loans	99,239	-60,578	47,015	13,563	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-52,413	52,413	0	-19,213	19,213	0	0	0	0	0
share issue	0	0	0	20,000	0	0	-100	0	0	100
interest	1,484	-1,214	-3,055	-1,279	0	0	15	140	143	33
cash flow from financing	48,310	-9,379	43,960	13,071	19,213	0	-85	140	143	133
cash and cash equivalents
cash	149,648	-59,489	79,995	60,577	0	0	-12,134	-31,698	30,483	13,349
overdraft	1,099	0	-29,346	29,346	0	0	0	0	0	0
change in cash	148,549	-59,489	109,341	31,231	0	0	-12,134	-31,698	30,483	13,349

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for meypal ltd. Get real-time insights into meypal ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for meypal ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in N13 area or any other competitors across 12 key performance metrics.

MEYPAL LTD group structure

Meypal Ltd has no subsidiary companies.

Ultimate parent company

MEYPAL LTD

08482994

MEYPAL LTD Shareholders

sazimet imre

100%

Meypal Ltd currently has 1 director, Mrs Sazimet Palta-Imre serving since Apr 2013.

officer	country	age	start	end	role
Mrs Sazimet Palta-Imre	England	44 years	Apr 2013	-	Director

P&L

April 2023

turnover

4.8m

-11%

operating profit

107.8k

gross margin

7.1%

-8.04%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2023

net assets

314.1k

+0.35%

total assets

1.3m

+0.01%

cash

230.7k

+1.85%

net assets

Total assets minus all liabilities

Similar Companies

global green international (uk) limited

prescott-thomas limited

w t hill & sons (western) limited

european salad company limited

fruco plc

company number

08482994

Type

Private limited with Share Capital

industry

46310 - Wholesale of fruit and vegetables

incorporation date

April 2013

accounts

Unaudited Abridged

ultimate parent company

None

previous names

dopal ltd (August 2013)

last accounts submitted

April 2023

address

261 green lanes, london, N13 4XE

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 meypal ltd.

meypal ltd Company Information

meypal ltd Estimated Valuation

meypal ltd Estimated Valuation

meypal ltd Estimated Valuation

Meypal Ltd Overview

Meypal Ltd Health Check

MEYPAL LTD financials

meypal ltd Credit Report and Business Information

Meypal Ltd Competitor Analysis

meypal ltd Ownership

meypal ltd directors

meypal ltd company details

meypal ltd Charges & Mortgages

meypal ltd Companies House Filings - See Documents