meycon ltd
meycon ltd Company Information
Company Number
09389058
Website
-Registered Address
js & co accountants, 26 theydon road, london, E5 9NA
Industry
Other personal service activities n.e.c.
Telephone
02038658948
Next Accounts Due
377 days late
Group Structure
View All
Directors
Kasriel Meyer9 Years
Shareholders
kasriel sholom meyer 100%
meycon ltd Estimated Valuation
Pomanda estimates the enterprise value of MEYCON LTD at £102.2k based on a Turnover of £158.2k and 0.65x industry multiple (adjusted for size and gross margin).
meycon ltd Estimated Valuation
Pomanda estimates the enterprise value of MEYCON LTD at £20k based on an EBITDA of £4.8k and a 4.21x industry multiple (adjusted for size and gross margin).
meycon ltd Estimated Valuation
Pomanda estimates the enterprise value of MEYCON LTD at £0 based on Net Assets of £-10.1k and 2.03x industry multiple (adjusted for liquidity).
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Meycon Ltd Overview
Meycon Ltd is a live company located in london, E5 9NA with a Companies House number of 09389058. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in January 2015, it's largest shareholder is kasriel sholom meyer with a 100% stake. Meycon Ltd is a young, micro sized company, Pomanda has estimated its turnover at £158.2k with rapid growth in recent years.
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Meycon Ltd Health Check
Pomanda's financial health check has awarded Meycon Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £158.2k, make it smaller than the average company (£813.8k)
- Meycon Ltd
£813.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (3.4%)
- Meycon Ltd
3.4% - Industry AVG
Production
with a gross margin of 40.6%, this company has a comparable cost of product (40.6%)
- Meycon Ltd
40.6% - Industry AVG
Profitability
an operating margin of 2.8% make it less profitable than the average company (7.4%)
- Meycon Ltd
7.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - Meycon Ltd
14 - Industry AVG
Pay Structure
on an average salary of £28.6k, the company has an equivalent pay structure (£28.6k)
- Meycon Ltd
£28.6k - Industry AVG
Efficiency
resulting in sales per employee of £79.1k, this is equally as efficient (£79.1k)
- Meycon Ltd
£79.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Meycon Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Meycon Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Meycon Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (53 weeks)
21 weeks - Meycon Ltd
53 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 123.2%, this is a higher level of debt than the average (45.1%)
123.2% - Meycon Ltd
45.1% - Industry AVG
MEYCON LTD financials
Meycon Ltd's latest turnover from January 2022 is estimated at £158.2 thousand and the company has net assets of -£10.1 thousand. According to their latest financial statements, Meycon Ltd has 2 employees and maintains cash reserves of £13.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|
| 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 | 2 | 3 | 4 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 965 | 1,243 | 1,807 | 2,161 | 2,093 | 1,294 | 1,459 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 200 | 200 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,165 | 1,443 | 1,807 | 2,161 | 2,093 | 1,294 | 1,459 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 5,341 | 5,432 | 144 | 1,544 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 28,500 | 604 | 0 | 0 | 0 | 0 | 0 |
| Cash | 13,779 | 34,606 | 0 | 0 | 0 | 0 | 205 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 42,279 | 35,210 | 5,341 | 5,432 | 144 | 1,544 | 205 |
| total assets | 43,444 | 36,653 | 7,148 | 7,593 | 2,237 | 2,838 | 1,664 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 15,624 | 9,345 | 8,607 | 8,477 | 2,804 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 33,507 | 29,382 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 33,507 | 29,382 | 15,624 | 9,345 | 8,607 | 8,477 | 2,804 |
| loans | 20,000 | 20,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 20,000 | 20,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 53,507 | 49,382 | 15,624 | 9,345 | 8,607 | 8,477 | 2,804 |
| net assets | -10,063 | -12,729 | -8,476 | -1,752 | -6,370 | -5,639 | -1,140 |
| total shareholders funds | -10,063 | -12,729 | -8,476 | -1,752 | -6,370 | -5,639 | -1,140 |
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 278 | 486 | |||||
| Amortisation | 0 | 0 | |||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 27,896 | -4,737 | -91 | 5,288 | -1,400 | 1,544 | 0 |
| Creditors | 0 | -15,624 | 6,279 | 738 | 130 | 5,673 | 2,804 |
| Accruals and Deferred Income | 4,125 | 29,382 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 200 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 20,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -20,827 | 34,606 | 0 | 0 | 0 | -205 | 205 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -20,827 | 34,606 | 0 | 0 | 0 | -205 | 205 |
meycon ltd Credit Report and Business Information
Meycon Ltd Competitor Analysis
Perform a competitor analysis for meycon ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in E 5 area or any other competitors across 12 key performance metrics.
meycon ltd Ownership
MEYCON LTD group structure
Meycon Ltd has no subsidiary companies.
Ultimate parent company
MEYCON LTD
09389058
meycon ltd directors
Meycon Ltd currently has 1 director, Mr Kasriel Meyer serving since Jan 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kasriel Meyer | England | 33 years | Jan 2015 | - | Director |
P&L
January 2022turnover
158.2k
-28%
operating profit
4.5k
0%
gross margin
40.6%
+3.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2022net assets
-10.1k
-0.21%
total assets
43.4k
+0.19%
cash
13.8k
-0.6%
net assets
Total assets minus all liabilities
Similar Companies
meycon ltd company details
company number
09389058
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
January 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2022
previous names
N/A
accountant
JS & CO ACCOUNTANTS LTD
auditor
-
address
js & co accountants, 26 theydon road, london, E5 9NA
Bank
-
Legal Advisor
-
meycon ltd 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 meycon ltd.
meycon ltd Companies House Filings - See Documents
| date | description | view/download |
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