modicum limited

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modicum limited Company Information

Share MODICUM LIMITED

Company Number

08483073

Shareholders

gillian oliver

Group Structure

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Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

88 st. thomas' road, lytham st. annes, FY8 1JR

modicum limited Estimated Valuation

£75k

Pomanda estimates the enterprise value of MODICUM LIMITED at £75k based on a Turnover of £117.9k and 0.64x industry multiple (adjusted for size and gross margin).

modicum limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MODICUM LIMITED at £0 based on an EBITDA of £-1.6k and a 4.24x industry multiple (adjusted for size and gross margin).

modicum limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MODICUM LIMITED at £0 based on Net Assets of £-1.4k and 2.35x industry multiple (adjusted for liquidity).

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Modicum Limited Overview

Modicum Limited is a live company located in lytham st. annes, FY8 1JR with a Companies House number of 08483073. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in April 2013, it's largest shareholder is gillian oliver with a 100% stake. Modicum Limited is a established, micro sized company, Pomanda has estimated its turnover at £117.9k with healthy growth in recent years.

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Modicum Limited Health Check

Pomanda's financial health check has awarded Modicum Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £117.9k, make it smaller than the average company (£1.9m)

£117.9k - Modicum Limited

£1.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (9.9%)

7% - Modicum Limited

9.9% - Industry AVG

production

Production

with a gross margin of 46.8%, this company has a comparable cost of product (46.8%)

46.8% - Modicum Limited

46.8% - Industry AVG

profitability

Profitability

an operating margin of -1.5% make it less profitable than the average company (5.5%)

-1.5% - Modicum Limited

5.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (17)

1 - Modicum Limited

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.4k, the company has an equivalent pay structure (£50.4k)

£50.4k - Modicum Limited

£50.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £117.9k, this is equally as efficient (£117.9k)

£117.9k - Modicum Limited

£117.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Modicum Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Modicum Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Modicum Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (27 weeks)

6 weeks - Modicum Limited

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 255%, this is a higher level of debt than the average (52.7%)

255% - Modicum Limited

52.7% - Industry AVG

MODICUM LIMITED financials

EXPORTms excel logo

Modicum Limited's latest turnover from April 2024 is estimated at £117.9 thousand and the company has net assets of -£1.4 thousand. According to their latest financial statements, Modicum Limited has 1 employee and maintains cash reserves of £243 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Turnover117,926114,936110,94595,92896,49687,87286,21010,31816,46920,13333,511
Other Income Or Grants
Cost Of Sales62,70463,30762,75753,72553,11447,21646,6835,2338,14610,06017,067
Gross Profit55,22251,62948,18842,20343,38240,65639,5275,0858,32310,07316,444
Admin Expenses57,04140,27739,23541,25945,70341,69348,0767,8949,10311,50815,681
Operating Profit-1,81911,3528,953944-2,321-1,037-8,549-2,809-780-1,435763
Interest Payable
Interest Receivable66755161713
Pre-Tax Profit-1,75311,4278,958944-2,321-1,037-8,549-2,808-774-1,418776
Tax-2,857-1,702-179-163
Profit After Tax-1,7538,5707,256765-2,321-1,037-8,549-2,808-774-1,418613
Dividends Paid
Retained Profit-1,7538,5707,256765-2,321-1,037-8,549-2,808-774-1,418613
Employee Costs50,44948,86246,14988,08386,12989,13586,79842,25642,78742,94441,834
Number Of Employees11122221111
EBITDA*-1,60811,3528,953944-2,321-1,037-8,549-2,80987-5681,630

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Tangible Assets6328431209861,8532,600
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets6328431209861,8532,600
Stock & work in progress
Trade Debtors2,1451,030149574450
Group Debtors
Misc Debtors
Cash2432,2541,2818721,7225,263
misc current assets
total current assets2432,2541,2812,1451,0301495744508721,7225,263
total assets8753,0971,2812,1451,0301495745701,8583,5757,863
Bank overdraft
Bank loan
Trade Creditors 17,67417,32414,12213,5104,9573,2143,9626,630
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities2,0732,4899,454
total current liabilities2,0732,4899,45417,67417,32414,12213,5104,9573,2143,9626,630
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions158211123318520
total long term liabilities158211123318520
total liabilities2,2312,7009,45417,67417,32414,12213,5104,9573,3374,2807,150
net assets-1,356397-8,173-15,529-16,294-13,973-12,936-4,387-1,479-705713
total shareholders funds-1,356397-8,173-15,529-16,294-13,973-12,936-4,387-1,479-705713
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Operating Activities
Operating Profit-1,81911,3528,953944-2,321-1,037-8,549-2,809-780-1,435763
Depreciation211867867867
Amortisation
Tax-2,857-1,702-179-163
Stock
Debtors-2,1451,115881-425124450
Creditors-17,6743503,2026128,5531,743-748-2,6686,630
Accruals and Deferred Income-416-6,9659,454
Deferred Taxes & Provisions-53211-123-195-202520
Cash flow from operations-2,0771,7411,176-120-1,639-856-3,4388,617
Investing Activities
capital expenditure-843120866-120-3,467
Change in Investments
cash flow from investments-843120866-120-3,467
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100-100100
interest66755161713
cash flow from financing6675105-99617113
cash and cash equivalents
cash-2,0119731,281-872-850-3,5415,263
overdraft
change in cash-2,0119731,281-872-850-3,5415,263

modicum limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Modicum Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for modicum limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in FY8 area or any other competitors across 12 key performance metrics.

modicum limited Ownership

MODICUM LIMITED group structure

Modicum Limited has no subsidiary companies.

Ultimate parent company

MODICUM LIMITED

08483073

MODICUM LIMITED Shareholders

gillian oliver 100%

modicum limited directors

Modicum Limited currently has 2 directors. The longest serving directors include Mrs Gillian Oliver (Apr 2013) and Mr Matthew Oliver (Oct 2022).

officercountryagestartendrole
Mrs Gillian OliverEngland56 years Apr 2013- Director
Mr Matthew OliverEngland53 years Oct 2022- Director

P&L

April 2024

turnover

117.9k

+3%

operating profit

-1.8k

0%

gross margin

46.9%

+4.25%

turnover

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

Balance Sheet

April 2024

net assets

-1.4k

-4.42%

total assets

875

-0.72%

cash

243

-0.89%

net assets

Total assets minus all liabilities

modicum limited company details

company number

08483073

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

April 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

88 st. thomas' road, lytham st. annes, FY8 1JR

Bank

-

Legal Advisor

-

modicum 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 modicum limited.

modicum 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.

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modicum limited Companies House Filings - See Documents

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