mcg (finance) limited
mcg (finance) limited Company Information
Company Number
09073028
Next Accounts
87 days late
Directors
Shareholders
cambridge terrace (cooper investments) limited
Group Structure
View All
Industry
Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Registered Address
16 finchley road, london, NW8 6EB
Website
-mcg (finance) limited Estimated Valuation
Pomanda estimates the enterprise value of MCG (FINANCE) LIMITED at £204.7k based on a Turnover of £159.4k and 1.28x industry multiple (adjusted for size and gross margin).
mcg (finance) limited Estimated Valuation
Pomanda estimates the enterprise value of MCG (FINANCE) LIMITED at £0 based on an EBITDA of £-231.5k and a 4.68x industry multiple (adjusted for size and gross margin).
mcg (finance) limited Estimated Valuation
Pomanda estimates the enterprise value of MCG (FINANCE) LIMITED at £4m based on Net Assets of £2.1m and 1.89x industry multiple (adjusted for liquidity).
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Mcg (finance) Limited Overview
Mcg (finance) Limited is a live company located in london, NW8 6EB with a Companies House number of 09073028. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in June 2014, it's largest shareholder is cambridge terrace (cooper investments) limited with a 100% stake. Mcg (finance) Limited is a established, micro sized company, Pomanda has estimated its turnover at £159.4k with unknown growth in recent years.
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Mcg (finance) Limited Health Check
Pomanda's financial health check has awarded Mcg (Finance) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £159.4k, make it smaller than the average company (£2.8m)
- Mcg (finance) Limited
£2.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mcg (finance) Limited
- - Industry AVG
Production
with a gross margin of 66%, this company has a comparable cost of product (66%)
- Mcg (finance) Limited
66% - Industry AVG
Profitability
an operating margin of -145.2% make it less profitable than the average company (22.2%)
- Mcg (finance) Limited
22.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
- Mcg (finance) Limited
5 - Industry AVG
Pay Structure
on an average salary of £60.5k, the company has an equivalent pay structure (£60.5k)
- Mcg (finance) Limited
£60.5k - Industry AVG
Efficiency
resulting in sales per employee of £159.4k, this is less efficient (£382.9k)
- Mcg (finance) Limited
£382.9k - Industry AVG
Debtor Days
it gets paid by customers after 343 days, this is later than average (261 days)
- Mcg (finance) Limited
261 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (25 days)
- Mcg (finance) Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mcg (finance) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (11 weeks)
7 weeks - Mcg (finance) Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.9%, this is a similar level of debt than the average (91.3%)
93.9% - Mcg (finance) Limited
91.3% - Industry AVG
MCG (FINANCE) LIMITED financials
Mcg (Finance) Limited's latest turnover from March 2023 is estimated at £159.4 thousand and the company has net assets of £2.1 million. According to their latest financial statements, we estimate that Mcg (Finance) Limited has 1 employee and maintains cash reserves of £4.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | 69,186 | ||||||||
| Operating Profit | -69,186 | ||||||||
| Interest Payable | 138 | ||||||||
| Interest Receivable | 5,145 | ||||||||
| Pre-Tax Profit | -64,179 | ||||||||
| Tax | 15,000 | ||||||||
| Profit After Tax | -49,179 | ||||||||
| Dividends Paid | |||||||||
| Retained Profit | -49,179 | ||||||||
| Employee Costs | |||||||||
| Number Of Employees | |||||||||
| EBITDA* | -69,186 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | 5,286,352 | 3,228,368 | 3,641,037 | ||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 5,286,352 | 3,228,368 | 3,641,037 | ||||||
| Stock & work in progress | |||||||||
| Trade Debtors | 150,000 | 250,000 | 10,285,000 | ||||||
| Group Debtors | 162,000 | 11,122 | 4,771,172 | ||||||
| Misc Debtors | 24,479,108 | 25,321,238 | 19,125,581 | 19,212,564 | 17,223,386 | 18,317,667 | 16,787,664 | 11,086,447 | |
| Cash | 4,595,412 | 4,842,339 | 7,259,813 | 10,172,989 | 11,928,839 | 10,186,294 | 11,224,852 | 20,360,903 | 20,767,613 |
| misc current assets | 1,217 | ||||||||
| total current assets | 29,386,520 | 30,425,916 | 31,156,566 | 29,385,553 | 29,152,225 | 28,503,961 | 28,012,516 | 31,447,350 | 31,052,613 |
| total assets | 34,672,872 | 33,654,284 | 34,797,603 | 29,385,553 | 29,152,225 | 28,503,961 | 28,012,516 | 31,447,350 | 31,052,613 |
| Bank overdraft | 1,167,399 | 50,509 | 50,509 | 508 | 508 | 509 | |||
| Bank loan | |||||||||
| Trade Creditors | 8,783 | 900 | 31,020,526 | ||||||
| Group/Directors Accounts | 30,660,692 | 30,660,692 | 30,680,320 | 26,522,588 | 26,521,688 | 26,333,833 | 26,333,833 | 30,960,088 | |
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 698,011 | 697,987 | 1,861,203 | 657,707 | 714,607 | 633,157 | 668,379 | 111,078 | |
| total current liabilities | 32,534,885 | 31,409,188 | 32,592,032 | 27,180,803 | 27,236,803 | 26,967,499 | 27,003,112 | 31,071,166 | 31,020,526 |
| loans | 35,650 | 45,276 | 50,000 | ||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 35,650 | 45,276 | 50,000 | ||||||
| total liabilities | 32,570,535 | 31,454,464 | 32,642,032 | 27,180,803 | 27,236,803 | 26,967,499 | 27,003,112 | 31,071,166 | 31,020,526 |
| net assets | 2,102,337 | 2,199,820 | 2,155,571 | 2,204,750 | 1,915,422 | 1,536,462 | 1,009,404 | 376,184 | 32,087 |
| total shareholders funds | 2,102,337 | 2,199,820 | 2,155,571 | 2,204,750 | 1,915,422 | 1,536,462 | 1,009,404 | 376,184 | 32,087 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -69,186 | ||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | 15,000 | ||||||||
| Stock | |||||||||
| Debtors | -791,252 | 1,685,607 | 4,684,189 | 1,989,178 | -1,094,281 | 1,530,003 | 5,701,217 | 801,447 | 10,285,000 |
| Creditors | 8,783 | -900 | 900 | -31,020,526 | 31,020,526 | ||||
| Accruals and Deferred Income | 24 | -1,163,216 | 1,203,496 | -56,900 | 81,450 | -35,222 | 557,301 | 111,078 | |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | -3,534,879 | ||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 2,057,984 | -412,669 | 3,641,037 | ||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -19,628 | 4,157,732 | 900 | 187,855 | -4,626,255 | 30,960,088 | |||
| Other Short Term Loans | |||||||||
| Long term loans | -9,626 | -4,724 | 50,000 | ||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | 5,007 | ||||||||
| cash flow from financing | 4,212,739 | ||||||||
| cash and cash equivalents | |||||||||
| cash | -246,927 | -2,417,474 | -2,913,176 | -1,755,850 | 1,742,545 | -1,038,558 | -9,136,051 | -406,710 | 20,767,613 |
| overdraft | 1,116,890 | 50,001 | -1 | 509 | |||||
| change in cash | -1,363,817 | -2,417,474 | -2,963,177 | -1,755,850 | 1,742,546 | -1,039,067 | -9,136,051 | -406,710 | 20,767,613 |
mcg (finance) limited Credit Report and Business Information
Mcg (finance) Limited Competitor Analysis
Perform a competitor analysis for mcg (finance) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in NW8 area or any other competitors across 12 key performance metrics.
mcg (finance) limited Ownership
MCG (FINANCE) LIMITED group structure
Mcg (Finance) Limited has 1 subsidiary company.
Ultimate parent company
1 parent
MCG (FINANCE) LIMITED
09073028
1 subsidiary
mcg (finance) limited directors
Mcg (Finance) Limited currently has 1 director, Mr Marcus Cooper serving since Jun 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marcus Cooper | 59 years | Jun 2014 | - | Director |
P&L
March 2023turnover
159.4k
-21%
operating profit
-231.5k
0%
gross margin
66%
-7.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.1m
-0.04%
total assets
34.7m
+0.03%
cash
4.6m
-0.05%
net assets
Total assets minus all liabilities
mcg (finance) limited company details
company number
09073028
Type
Private limited with Share Capital
industry
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
June 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
16 finchley road, london, NW8 6EB
Bank
-
Legal Advisor
-
mcg (finance) 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 mcg (finance) limited.
mcg (finance) 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 MCG (FINANCE) LIMITED. This can take several minutes, an email will notify you when this has completed.
mcg (finance) limited Companies House Filings - See Documents
| date | description | view/download |
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