memo's solution limited
memo's solution limited Company Information
Company Number
09477592
Next Accounts
Dec 2024
Industry
Other business support service activities n.e.c.
Directors
Shareholders
mr adnan demirtas
Group Structure
View All
Contact
Registered Address
69 great hampton street, birmingham, B18 6EW
Website
-memo's solution limited Estimated Valuation
Pomanda estimates the enterprise value of MEMO'S SOLUTION LIMITED at £128.9k based on a Turnover of £318.3k and 0.4x industry multiple (adjusted for size and gross margin).
memo's solution limited Estimated Valuation
Pomanda estimates the enterprise value of MEMO'S SOLUTION LIMITED at £73.8k based on an EBITDA of £23.9k and a 3.09x industry multiple (adjusted for size and gross margin).
memo's solution limited Estimated Valuation
Pomanda estimates the enterprise value of MEMO'S SOLUTION LIMITED at £84.8k based on Net Assets of £32.8k and 2.58x industry multiple (adjusted for liquidity).
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Memo's Solution Limited Overview
Memo's Solution Limited is a dissolved company that was located in birmingham, B18 6EW with a Companies House number of 09477592. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2015, it's largest shareholder was mr adnan demirtas with a 100% stake. The last turnover for Memo's Solution Limited was estimated at £318.3k.
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Memo's Solution Limited Health Check
Pomanda's financial health check has awarded Memo'S Solution Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £318.3k, make it smaller than the average company (£2.6m)
- Memo's Solution Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 280%, show it is growing at a faster rate (4.4%)
- Memo's Solution Limited
4.4% - Industry AVG
Production
with a gross margin of 16.5%, this company has a higher cost of product (37.1%)
- Memo's Solution Limited
37.1% - Industry AVG
Profitability
an operating margin of 7.5% make it more profitable than the average company (5.7%)
- Memo's Solution Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (22)
- Memo's Solution Limited
22 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Memo's Solution Limited
£44k - Industry AVG
Efficiency
resulting in sales per employee of £318.3k, this is more efficient (£146.3k)
- Memo's Solution Limited
£146.3k - Industry AVG
Debtor Days
it gets paid by customers after 125 days, this is later than average (46 days)
- Memo's Solution Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (33 days)
- Memo's Solution Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Memo's Solution Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Memo's Solution Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.4%, this is a similar level of debt than the average (67.6%)
70.4% - Memo's Solution Limited
67.6% - Industry AVG
MEMO'S SOLUTION LIMITED financials
Memo'S Solution Limited's latest turnover from December 2018 is estimated at £318.3 thousand and the company has net assets of £32.8 thousand. According to their latest financial statements, we estimate that Memo'S Solution Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|
| Tangible Assets | 1,120 | 1,524 | 0 | 1,062 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,120 | 1,524 | 1 | 1,062 |
| Stock & work in progress | 0 | 0 | 30,345 | 6,653 |
| Trade Debtors | 109,747 | 69,107 | 2,754 | 745 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 4,134 | 8,546 |
| misc current assets | 0 | 2,060 | 2,452 | 2,658 |
| total current assets | 109,747 | 71,168 | 39,685 | 18,601 |
| total assets | 110,867 | 72,692 | 39,686 | 19,664 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 43,373 | 17,831 | 2,989 | 1,800 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 43,373 | 17,831 | 2,989 | 1,800 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 32,007 | 33,793 | 42,473 | 24,750 |
| provisions | 2,661 | 7,594 | 442 | 447 |
| total long term liabilities | 34,668 | 41,388 | 42,916 | 25,198 |
| total liabilities | 78,041 | 59,219 | 45,905 | 26,998 |
| net assets | 32,826 | 13,473 | -6,220 | -7,334 |
| total shareholders funds | 32,826 | 13,473 | -6,220 | -7,334 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 1,584 | |||
| Amortisation | 0 | |||
| Tax | ||||
| Stock | 0 | -30,345 | 23,693 | 6,653 |
| Debtors | 40,639 | 66,354 | 2,009 | 744 |
| Creditors | 25,542 | 14,841 | 1,189 | 1,800 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -4,933 | 7,152 | -5 | 447 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -1,786 | -8,680 | 17,723 | 24,750 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | -4,134 | -4,412 | 8,546 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | -4,134 | -4,412 | 8,546 |
memo's solution limited Credit Report and Business Information
Memo's Solution Limited Competitor Analysis
Perform a competitor analysis for memo's solution limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in B18 area or any other competitors across 12 key performance metrics.
memo's solution limited Ownership
MEMO'S SOLUTION LIMITED group structure
Memo'S Solution Limited has no subsidiary companies.
Ultimate parent company
MEMO'S SOLUTION LIMITED
09477592
memo's solution limited directors
Memo'S Solution Limited currently has 1 director, Mr Mehmet Demirtas serving since Mar 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mehmet Demirtas | Germany | 56 years | Mar 2015 | - | Director |
P&L
December 2018turnover
318.3k
+71%
operating profit
23.9k
0%
gross margin
16.5%
-2.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
32.8k
+1.44%
total assets
110.9k
+0.53%
cash
0
0%
net assets
Total assets minus all liabilities
memo's solution limited company details
company number
09477592
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
March 2015
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2018
previous names
N/A
accountant
-
auditor
-
address
69 great hampton street, birmingham, B18 6EW
Bank
-
Legal Advisor
-
memo's solution 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 memo's solution limited.
memo's solution limited Companies House Filings - See Documents
| date | description | view/download |
|---|
