mtj6 limited Company Information
Group Structure
View All
Industry
Unlicensed restaurants and cafes
Registered Address
46 houghton place, bradford, west yorkshire, BD1 3RG
Website
-mtj6 limited Estimated Valuation
Pomanda estimates the enterprise value of MTJ6 LIMITED at £499.9k based on a Turnover of £679.9k and 0.74x industry multiple (adjusted for size and gross margin).
mtj6 limited Estimated Valuation
Pomanda estimates the enterprise value of MTJ6 LIMITED at £0 based on an EBITDA of £-13.2k and a 4.65x industry multiple (adjusted for size and gross margin).
mtj6 limited Estimated Valuation
Pomanda estimates the enterprise value of MTJ6 LIMITED at £445.5k based on Net Assets of £160.2k and 2.78x industry multiple (adjusted for liquidity).
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Mtj6 Limited Overview
Mtj6 Limited is a live company located in west yorkshire, BD1 3RG with a Companies House number of 08945669. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in March 2014, it's largest shareholder is mahboob hussain with a 100% stake. Mtj6 Limited is a established, small sized company, Pomanda has estimated its turnover at £679.9k with rapid growth in recent years.
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Mtj6 Limited Health Check
Pomanda's financial health check has awarded Mtj6 Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
5 Strong
![positive_score](/assets/images/scoreRate1.png)
3 Regular
![positive_score](/assets/images/scoreRate0.png)
3 Weak
![size](/assets/images/scoreRate2.png)
Size
annual sales of £679.9k, make it larger than the average company (£350.3k)
- Mtj6 Limited
£350.3k - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (19.3%)
- Mtj6 Limited
19.3% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 61.4%, this company has a comparable cost of product (61.4%)
- Mtj6 Limited
61.4% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -11.4% make it less profitable than the average company (1.9%)
- Mtj6 Limited
1.9% - Industry AVG
![employees](/assets/images/scoreRate2.png)
Employees
with 20 employees, this is above the industry average (15)
20 - Mtj6 Limited
15 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £12k, the company has an equivalent pay structure (£12k)
- Mtj6 Limited
£12k - Industry AVG
![efficiency](/assets/images/scoreRate1.png)
Efficiency
resulting in sales per employee of £34k, this is equally as efficient (£38.6k)
- Mtj6 Limited
£38.6k - Industry AVG
![debtordays](/assets/images/scoreRate-1.png)
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mtj6 Limited
- - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (33 days)
- Mtj6 Limited
33 days - Industry AVG
![stockdays](/assets/images/scoreRate0.png)
Stock Days
it holds stock equivalent to 38 days, this is more than average (5 days)
- Mtj6 Limited
5 days - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 68 weeks, this is more cash available to meet short term requirements (32 weeks)
68 weeks - Mtj6 Limited
32 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
Debt Level
it has a ratio of liabilities to total assets of 43.5%, this is a lower level of debt than the average (76.8%)
43.5% - Mtj6 Limited
76.8% - Industry AVG
MTJ6 LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Mtj6 Limited's latest turnover from March 2024 is estimated at £679.9 thousand and the company has net assets of £160.2 thousand. According to their latest financial statements, Mtj6 Limited has 20 employees and maintains cash reserves of £62.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|---|
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 | 20 | 19 | 15 | 9 | 6 | 5 | 5 | 9 | 9 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 193,263 | 257,685 | 273,159 | 302,492 | 268,634 | 260,533 | 246,658 | 211,057 | 159,466 | 68,184 |
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 | 193,263 | 257,685 | 273,159 | 302,492 | 268,634 | 260,533 | 246,658 | 211,057 | 159,466 | 68,184 |
Stock & work in progress | 27,500 | 20,010 | 9,500 | 8,659 | 5,115 | 3,225 | 5,510 | 3,585 | 4,155 | 2,117 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 1,073 | 0 | 0 |
Cash | 62,719 | 100,166 | 72,594 | 140,136 | 16,750 | 12,611 | 10,042 | 17,200 | 17,509 | 18,733 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 90,219 | 120,176 | 132,094 | 148,795 | 21,865 | 15,836 | 15,552 | 21,858 | 21,664 | 20,850 |
total assets | 283,482 | 377,861 | 405,253 | 451,287 | 290,499 | 276,369 | 262,210 | 232,915 | 181,130 | 89,034 |
Bank overdraft | 1,070 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 15,897 | 18,000 | 15,263 | 22,480 | 7,571 | 1,229 | 2,511 | 0 | 0 | 0 |
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 | 30,975 | 35,542 | 15,452 | 21,163 | 2,031 | 1,933 | 468 | 1,025 | 4,837 | 7,036 |
total current liabilities | 47,942 | 53,542 | 30,715 | 43,643 | 9,602 | 3,162 | 2,979 | 1,025 | 4,837 | 7,036 |
loans | 0 | 0 | 0 | 0 | 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 | 38,618 | 41,717 | 45,752 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 36,720 | 48,960 | 50,109 | 51,040 | 51,040 | 49,501 | 46,865 | 28,574 | 18,256 | 0 |
total long term liabilities | 75,338 | 90,677 | 95,861 | 101,040 | 51,040 | 49,501 | 46,865 | 28,574 | 18,256 | 0 |
total liabilities | 123,280 | 144,219 | 126,576 | 144,683 | 60,642 | 52,663 | 49,844 | 29,599 | 23,093 | 7,036 |
net assets | 160,202 | 233,642 | 278,677 | 306,604 | 229,857 | 223,706 | 212,366 | 203,316 | 158,037 | 81,998 |
total shareholders funds | 160,202 | 233,642 | 278,677 | 306,604 | 229,857 | 223,706 | 212,366 | 203,316 | 158,037 | 81,998 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||
Operating Profit | ||||||||||
Depreciation | 64,422 | 45,474 | 48,204 | 21,802 | 21,781 | 21,125 | 27,406 | 23,451 | 17,718 | 12,032 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||
Stock | 7,490 | 10,510 | 841 | 3,544 | 1,890 | -2,285 | 1,925 | -570 | 2,038 | 2,117 |
Debtors | 0 | -50,000 | 50,000 | 0 | 0 | 0 | -1,073 | 1,073 | 0 | 0 |
Creditors | -2,103 | 2,737 | -7,217 | 14,909 | 6,342 | -1,282 | 2,511 | 0 | 0 | 0 |
Accruals and Deferred Income | -4,567 | 20,090 | -5,711 | 19,132 | 98 | 1,465 | -557 | -3,812 | -2,199 | 7,036 |
Deferred Taxes & Provisions | -12,240 | -1,149 | -931 | 0 | 1,539 | 2,636 | 18,291 | 10,318 | 18,256 | 0 |
Cash flow from operations | ||||||||||
Investing Activities | ||||||||||
capital expenditure | ||||||||||
Change in Investments | 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 |
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 | 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 |
other long term liabilities | -3,099 | -4,035 | -4,248 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||
interest | ||||||||||
cash flow from financing | ||||||||||
cash and cash equivalents | ||||||||||
cash | -37,447 | 27,572 | -67,542 | 123,386 | 4,139 | 2,569 | -7,158 | -309 | -1,224 | 18,733 |
overdraft | 1,070 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -38,517 | 27,572 | -67,542 | 123,386 | 4,139 | 2,569 | -7,158 | -309 | -1,224 | 18,733 |
mtj6 limited Credit Report and Business Information
Mtj6 Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for mtj6 limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in BD1 area or any other competitors across 12 key performance metrics.
mtj6 limited Ownership
MTJ6 LIMITED group structure
Mtj6 Limited has no subsidiary companies.
Ultimate parent company
MTJ6 LIMITED
08945669
mtj6 limited directors
Mtj6 Limited currently has 1 director, Mr Mahboob Hussain serving since Jul 2023.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Mahboob Hussain | England | 44 years | Jul 2023 | - | Director |
P&L
March 2024turnover
679.9k
+10%
operating profit
-77.7k
0%
gross margin
61.4%
-0.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
160.2k
-0.31%
total assets
283.5k
-0.25%
cash
62.7k
-0.37%
net assets
Total assets minus all liabilities
mtj6 limited company details
company number
08945669
Type
Private limited with Share Capital
industry
56102 - Unlicensed restaurants and cafes
incorporation date
March 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
ABRAHAM ACCOUNTANTS
auditor
-
address
46 houghton place, bradford, west yorkshire, BD1 3RG
Bank
-
Legal Advisor
-
mtj6 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 mtj6 limited.
mtj6 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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mtj6 limited Companies House Filings - See Documents
date | description | view/download |
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