mtj6 limited

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mtj6 limited Company Information

Share MTJ6 LIMITED

Company Number

08945669

Shareholders

mahboob hussain

Group Structure

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Industry

Unlicensed restaurants and cafes

 

Registered Address

46 houghton place, bradford, west yorkshire, BD1 3RG

Website

-

mtj6 limited Estimated Valuation

£499.9k

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

£0

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

£445.5k

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
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £679.9k, make it larger than the average company (£350.3k)

£679.9k - Mtj6 Limited

£350.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (19.3%)

42% - Mtj6 Limited

19.3% - Industry AVG

production

Production

with a gross margin of 61.4%, this company has a comparable cost of product (61.4%)

61.4% - Mtj6 Limited

61.4% - Industry AVG

profitability

Profitability

an operating margin of -11.4% make it less profitable than the average company (1.9%)

-11.4% - Mtj6 Limited

1.9% - Industry AVG

employees

Employees

with 20 employees, this is above the industry average (15)

20 - Mtj6 Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £12k, the company has an equivalent pay structure (£12k)

£12k - Mtj6 Limited

£12k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £34k, this is equally as efficient (£38.6k)

£34k - Mtj6 Limited

£38.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Mtj6 Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 22 days, this is quicker than average (33 days)

22 days - Mtj6 Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 38 days, this is more than average (5 days)

38 days - Mtj6 Limited

5 days - Industry AVG

cashbalance

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

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

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Turnover679,865620,295474,450238,194178,795134,678140,679268,634270,78641,579
Other Income Or Grants0000000000
Cost Of Sales262,446236,603170,53788,89562,37245,80446,65991,58893,73414,455
Gross Profit417,418383,691303,914149,299116,42388,87494,020177,046177,05227,124
Admin Expenses495,074432,397332,63954,628108,84474,95982,915120,49182,094-76,498
Operating Profit-77,656-48,706-28,72594,6717,57913,91511,10556,55594,958103,622
Interest Payable60000000000
Interest Receivable4,2763,67179878158568439147
Pre-Tax Profit-73,440-45,035-27,92794,7497,59414,00011,17356,59995,049103,668
Tax000-18,002-1,443-2,660-2,123-11,320-19,010-21,770
Profit After Tax-73,440-45,035-27,92776,7476,15111,3409,05045,27976,03981,898
Dividends Paid0000000000
Retained Profit-73,440-45,035-27,92776,7476,15111,3409,05045,27976,03981,898
Employee Costs240,360220,698172,073101,69068,83854,21153,66795,69592,15820,092
Number Of Employees2019159655992
EBITDA*-13,234-3,23219,479116,47329,36035,04038,51180,006112,676115,654

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Tangible Assets193,263257,685273,159302,492268,634260,533246,658211,057159,46668,184
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets193,263257,685273,159302,492268,634260,533246,658211,057159,46668,184
Stock & work in progress27,50020,0109,5008,6595,1153,2255,5103,5854,1552,117
Trade Debtors0000000000
Group Debtors0000000000
Misc Debtors0050,00000001,07300
Cash62,719100,16672,594140,13616,75012,61110,04217,20017,50918,733
misc current assets0000000000
total current assets90,219120,176132,094148,79521,86515,83615,55221,85821,66420,850
total assets283,482377,861405,253451,287290,499276,369262,210232,915181,13089,034
Bank overdraft1,070000000000
Bank loan0000000000
Trade Creditors 15,89718,00015,26322,4807,5711,2292,511000
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities30,97535,54215,45221,1632,0311,9334681,0254,8377,036
total current liabilities47,94253,54230,71543,6439,6023,1622,9791,0254,8377,036
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities38,61841,71745,75250,000000000
provisions36,72048,96050,10951,04051,04049,50146,86528,57418,2560
total long term liabilities75,33890,67795,861101,04051,04049,50146,86528,57418,2560
total liabilities123,280144,219126,576144,68360,64252,66349,84429,59923,0937,036
net assets160,202233,642278,677306,604229,857223,706212,366203,316158,03781,998
total shareholders funds160,202233,642278,677306,604229,857223,706212,366203,316158,03781,998
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Operating Activities
Operating Profit-77,656-48,706-28,72594,6717,57913,91511,10556,55594,958103,622
Depreciation64,42245,47448,20421,80221,78121,12527,40623,45117,71812,032
Amortisation0000000000
Tax000-18,002-1,443-2,660-2,123-11,320-19,010-21,770
Stock7,49010,5108413,5441,890-2,2851,925-5702,0382,117
Debtors0-50,00050,000000-1,0731,07300
Creditors-2,1032,737-7,21714,9096,342-1,2822,511000
Accruals and Deferred Income-4,56720,090-5,71119,132981,465-557-3,812-2,1997,036
Deferred Taxes & Provisions-12,240-1,149-93101,5392,63618,29110,31818,2560
Cash flow from operations-39,63457,936-45,221128,96834,00637,48455,78174,689107,68598,803
Investing Activities
capital expenditure0-30,000-18,871-55,660-29,882-35,000-63,007-75,042-109,000-80,216
Change in Investments0000000000
cash flow from investments0-30,000-18,871-55,660-29,882-35,000-63,007-75,042-109,000-80,216
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities-3,099-4,035-4,24850,000000000
share issue000000000100
interest4,2163,67179878158568439147
cash flow from financing1,117-364-3,45050,0781585684391147
cash and cash equivalents
cash-37,44727,572-67,542123,3864,1392,569-7,158-309-1,22418,733
overdraft1,070000000000
change in cash-38,51727,572-67,542123,3864,1392,569-7,158-309-1,22418,733

mtj6 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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Mtj6 Limited Competitor Analysis

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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 Shareholders

mahboob hussain 100%

mtj6 limited directors

Mtj6 Limited currently has 1 director, Mr Mahboob Hussain serving since Jul 2023.

officercountryagestartendrole
Mr Mahboob HussainEngland44 years Jul 2023- Director

P&L

March 2024

turnover

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 2024

net 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

None

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.

Click to start generating capital raising & share issue transactions for MTJ6 LIMITED. This can take several minutes, an email will notify you when this has completed.

mtj6 limited Companies House Filings - See Documents

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