meehanpps ltd

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meehanpps ltd Company Information

Share MEEHANPPS LTD

Company Number

09498548

Shareholders

nicola claire meehan

john patrick meehan

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

level 5a maple house, 149 tottenham court road, london, W1T 7NF

Website

-

meehanpps ltd Estimated Valuation

£224k

Pomanda estimates the enterprise value of MEEHANPPS LTD at £224k based on a Turnover of £397.5k and 0.56x industry multiple (adjusted for size and gross margin).

meehanpps ltd Estimated Valuation

£13.7k

Pomanda estimates the enterprise value of MEEHANPPS LTD at £13.7k based on an EBITDA of £3.4k and a 4.05x industry multiple (adjusted for size and gross margin).

meehanpps ltd Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of MEEHANPPS LTD at £1.1m based on Net Assets of £477k and 2.3x industry multiple (adjusted for liquidity).

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Meehanpps Ltd Overview

Meehanpps Ltd is a live company located in london, W1T 7NF with a Companies House number of 09498548. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2015, it's largest shareholder is nicola claire meehan with a 50% stake. Meehanpps Ltd is a established, micro sized company, Pomanda has estimated its turnover at £397.5k with declining growth in recent years.

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Meehanpps Ltd Health Check

Pomanda's financial health check has awarded Meehanpps Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £397.5k, make it smaller than the average company (£3.1m)

£397.5k - Meehanpps Ltd

£3.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (4.1%)

-32% - Meehanpps Ltd

4.1% - Industry AVG

production

Production

with a gross margin of 38.4%, this company has a comparable cost of product (38.4%)

38.4% - Meehanpps Ltd

38.4% - Industry AVG

profitability

Profitability

an operating margin of 0.8% make it less profitable than the average company (6.5%)

0.8% - Meehanpps Ltd

6.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (20)

2 - Meehanpps Ltd

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.8k, the company has an equivalent pay structure (£44.8k)

£44.8k - Meehanpps Ltd

£44.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £198.8k, this is more efficient (£141.4k)

£198.8k - Meehanpps Ltd

£141.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 49 days, this is later than average (40 days)

49 days - Meehanpps Ltd

40 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Meehanpps Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Meehanpps Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 302 weeks, this is more cash available to meet short term requirements (27 weeks)

302 weeks - Meehanpps Ltd

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 4.1%, this is a lower level of debt than the average (60.5%)

4.1% - Meehanpps Ltd

60.5% - Industry AVG

MEEHANPPS LTD financials

EXPORTms excel logo

Meehanpps Ltd's latest turnover from March 2023 is estimated at £397.5 thousand and the company has net assets of £477 thousand. According to their latest financial statements, Meehanpps Ltd has 2 employees and maintains cash reserves of £118.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Turnover397,515522,493956,4701,275,8731,331,5471,199,073727,011258,652
Other Income Or Grants00000000
Cost Of Sales244,916324,320600,434792,902830,322744,692444,729161,395
Gross Profit152,599198,173356,036482,971501,225454,381282,28297,258
Admin Expenses149,316227,078373,772343,503343,568279,072120,96796,246
Operating Profit3,283-28,905-17,736139,468157,657175,309161,3151,012
Interest Payable00000000
Interest Receivable4,2751,9304233671,819734233148
Pre-Tax Profit7,558-26,975-17,313139,835159,475176,043161,5491,160
Tax-1,43600-26,569-30,300-33,448-32,310-232
Profit After Tax6,122-26,975-17,313113,266129,175142,595129,239928
Dividends Paid00000000
Retained Profit6,122-26,975-17,313113,266129,175142,595129,239928
Employee Costs89,53084,65880,55979,66577,24272,80071,05171,248
Number Of Employees22222222
EBITDA*3,388-28,826-17,657139,546157,736175,388161,3151,012

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Tangible Assets42007915823631500
Intangible Assets00000000
Investments & Other323,838354,019000000
Debtors (Due After 1 year)00000000
Total Fixed Assets324,258354,0197915823631500
Stock & work in progress00000000
Trade Debtors53,56383,548160,264226,073248,278224,315125,37429,166
Group Debtors00000000
Misc Debtors1,1916,3092,30900000
Cash118,35882,841431,920414,745318,809166,127127,58159,095
misc current assets00000000
total current assets173,112172,698594,493640,818567,087390,442252,95588,261
total assets497,370526,717594,572640,976567,323390,757252,95588,261
Bank overdraft00000000
Bank loan00000000
Trade Creditors 00000000
Group/Directors Accounts10,53030,65772,84031,47566,23460,42478,78955,000
other short term finances00000000
hp & lease commitments00000000
other current liabilities9,80125,14323,84094,29699,15057,56943,99732,331
total current liabilities20,33155,80096,680125,771165,384117,993122,78687,331
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities00000000
total liabilities20,33155,80096,680125,771165,384117,993122,78687,331
net assets477,039470,917497,892515,205401,939272,764130,169930
total shareholders funds477,039470,917497,892515,205401,939272,764130,169930
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating Activities
Operating Profit3,283-28,905-17,736139,468157,657175,309161,3151,012
Depreciation105797978797900
Amortisation00000000
Tax-1,43600-26,569-30,300-33,448-32,310-232
Stock00000000
Debtors-35,103-72,716-63,500-22,20523,96398,94196,20829,166
Creditors00000000
Accruals and Deferred Income-15,3421,303-70,456-4,85441,58113,57211,66632,331
Deferred Taxes & Provisions00000000
Cash flow from operations21,71345,193-24,613130,328145,05456,57144,4633,945
Investing Activities
capital expenditure-5250000-39400
Change in Investments-30,181354,019000000
cash flow from investments29,656-354,019000-39400
Financing Activities
Bank loans00000000
Group/Directors Accounts-20,127-42,18341,365-34,7595,810-18,36523,78955,000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue00000002
interest4,2751,9304233671,819734233148
cash flow from financing-15,852-40,25341,788-34,3927,629-17,63124,02255,150
cash and cash equivalents
cash35,517-349,07917,17595,936152,68238,54668,48659,095
overdraft00000000
change in cash35,517-349,07917,17595,936152,68238,54668,48659,095

meehanpps ltd 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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Meehanpps Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for meehanpps ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in W1T area or any other competitors across 12 key performance metrics.

meehanpps ltd Ownership

MEEHANPPS LTD group structure

Meehanpps Ltd has no subsidiary companies.

Ultimate parent company

MEEHANPPS LTD

09498548

MEEHANPPS LTD Shareholders

nicola claire meehan 50%
john patrick meehan 50%

meehanpps ltd directors

Meehanpps Ltd currently has 2 directors. The longest serving directors include Mrs Nicola Meehan (Mar 2015) and Dr John Meehan (Mar 2015).

officercountryagestartendrole
Mrs Nicola MeehanUnited Kingdom61 years Mar 2015- Director
Dr John MeehanUnited Kingdom72 years Mar 2015- Director

P&L

March 2023

turnover

397.5k

-24%

operating profit

3.3k

0%

gross margin

38.4%

+1.21%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

477k

+0.01%

total assets

497.4k

-0.06%

cash

118.4k

+0.43%

net assets

Total assets minus all liabilities

meehanpps ltd company details

company number

09498548

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

March 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

level 5a maple house, 149 tottenham court road, london, W1T 7NF

Bank

-

Legal Advisor

-

meehanpps 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 meehanpps ltd.

meehanpps ltd 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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meehanpps ltd Companies House Filings - See Documents

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