marketplace direct limited
marketplace direct limited Company Information
Group Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
+2Registered Address
3 brooks parade green lane, ilford, essex, IG3 9RT
Website
-marketplace direct limited Estimated Valuation
Pomanda estimates the enterprise value of MARKETPLACE DIRECT LIMITED at £18.6m based on a Turnover of £51.6m and 0.36x industry multiple (adjusted for size and gross margin).
marketplace direct limited Estimated Valuation
Pomanda estimates the enterprise value of MARKETPLACE DIRECT LIMITED at £3.3m based on an EBITDA of £522.6k and a 6.35x industry multiple (adjusted for size and gross margin).
marketplace direct limited Estimated Valuation
Pomanda estimates the enterprise value of MARKETPLACE DIRECT LIMITED at £512.8k based on Net Assets of £397.5k and 1.29x industry multiple (adjusted for liquidity).
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Marketplace Direct Limited Overview
Marketplace Direct Limited is a live company located in essex, IG3 9RT with a Companies House number of 09608670. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in May 2015, it's largest shareholder is makarious shahata with a 100% stake. Marketplace Direct Limited is a established, large sized company, Pomanda has estimated its turnover at £51.6m with rapid growth in recent years.
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Marketplace Direct Limited Health Check
Pomanda's financial health check has awarded Marketplace Direct Limited a 3.5 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
5 Strong
1 Regular
3 Weak
Size
annual sales of £51.6m, make it larger than the average company (£9.7m)
£51.6m - Marketplace Direct Limited
£9.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 107%, show it is growing at a faster rate (9.4%)
- Marketplace Direct Limited
9.4% - Industry AVG
Production
with a gross margin of 19.2%, this company has a comparable cost of product (21%)
19.2% - Marketplace Direct Limited
21% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (2.3%)
1% - Marketplace Direct Limited
2.3% - Industry AVG
Employees
with 1295 employees, this is above the industry average (52)
1295 - Marketplace Direct Limited
52 - Industry AVG
Pay Structure
on an average salary of £32.2k, the company has a lower pay structure (£52.7k)
£32.2k - Marketplace Direct Limited
£52.7k - Industry AVG
Efficiency
resulting in sales per employee of £39.8k, this is less efficient (£152.7k)
£39.8k - Marketplace Direct Limited
£152.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Marketplace Direct Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Marketplace Direct Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Marketplace Direct Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 58 weeks, this is more cash available to meet short term requirements (9 weeks)
58 weeks - Marketplace Direct Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.6%, this is a higher level of debt than the average (72.8%)
89.6% - Marketplace Direct Limited
72.8% - Industry AVG
MARKETPLACE DIRECT LIMITED financials
Marketplace Direct Limited's latest turnover from May 2024 is £51.6 million and the company has net assets of £397.5 thousand. According to their latest financial statements, Marketplace Direct Limited has 1,295 employees and maintains cash reserves of £3.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 51,563,702 | 47,604,609 | 36,470 | ||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 41,642,237 | 39,013,383 | |||||||
| Gross Profit | 9,921,465 | 8,591,226 | |||||||
| Admin Expenses | 9,399,973 | 8,054,849 | |||||||
| Operating Profit | 521,492 | 536,377 | |||||||
| Interest Payable | 628 | 784 | |||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | 520,864 | 535,593 | -2,231 | ||||||
| Tax | -140,087 | -53,177 | |||||||
| Profit After Tax | 380,777 | 482,416 | -2,231 | ||||||
| Dividends Paid | 59,880 | 128,333 | |||||||
| Retained Profit | 320,897 | 354,083 | -2,231 | ||||||
| Employee Costs | 41,642,237 | 39,028,058 | |||||||
| Number Of Employees | 1,295 | 1,456 | 979 | 38 | |||||
| EBITDA* | 522,558 | 537,709 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,264 | 5,330 | 6,662 | 8,328 | |||||
| Intangible Assets | |||||||||
| Investments & Other | 100 | 100 | |||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 4,264 | 5,330 | 6,662 | 8,328 | 100 | 100 | |||
| Stock & work in progress | |||||||||
| Trade Debtors | |||||||||
| Group Debtors | |||||||||
| Misc Debtors | 180,824 | 200,000 | |||||||
| Cash | 3,823,637 | 1,953,403 | 131,692 | 232,313 | |||||
| misc current assets | |||||||||
| total current assets | 3,823,637 | 2,134,227 | 331,692 | 232,313 | |||||
| total assets | 3,827,901 | 2,139,557 | 338,354 | 240,641 | 100 | 100 | |||
| Bank overdraft | |||||||||
| Bank loan | 7,600 | 7,600 | |||||||
| Trade Creditors | 1,020,759 | ||||||||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 3,410,051 | 1,014,947 | 615,819 | 199,721 | |||||
| total current liabilities | 3,417,651 | 2,043,306 | 615,819 | 199,721 | |||||
| loans | 12,735 | 19,633 | |||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 521,303 | ||||||||
| provisions | |||||||||
| total long term liabilities | 12,735 | 19,633 | 521,303 | ||||||
| total liabilities | 3,430,386 | 2,062,939 | 615,819 | 721,024 | |||||
| net assets | 397,515 | 76,618 | -277,465 | -480,383 | 100 | 100 | |||
| total shareholders funds | 397,515 | 76,618 | -277,465 | -480,383 | 100 | 100 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 521,492 | 536,377 | |||||||
| Depreciation | 1,066 | 1,332 | 1,666 | 2,082 | 29 | ||||
| Amortisation | |||||||||
| Tax | -140,087 | -53,177 | |||||||
| Stock | |||||||||
| Debtors | -180,824 | -19,176 | 200,000 | ||||||
| Creditors | -1,020,759 | 1,020,759 | |||||||
| Accruals and Deferred Income | 2,395,104 | 399,128 | 416,098 | 199,721 | |||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | 1,937,640 | 1,923,595 | |||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -100 | 100 | |||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 7,600 | ||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | -6,898 | 19,633 | |||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -521,303 | 521,303 | |||||||
| share issue | |||||||||
| interest | -628 | -784 | |||||||
| cash flow from financing | -7,526 | 26,449 | 2,231 | ||||||
| cash and cash equivalents | |||||||||
| cash | 1,870,234 | 1,821,711 | -100,621 | 232,313 | |||||
| overdraft | |||||||||
| change in cash | 1,870,234 | 1,821,711 | -100,621 | 232,313 |
marketplace direct limited Credit Report and Business Information
Marketplace Direct Limited Competitor Analysis
Perform a competitor analysis for marketplace direct limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in IG3 area or any other competitors across 12 key performance metrics.
marketplace direct limited Ownership
MARKETPLACE DIRECT LIMITED group structure
Marketplace Direct Limited has 1 subsidiary company.
Ultimate parent company
MARKETPLACE DIRECT LIMITED
09608670
1 subsidiary
marketplace direct limited directors
Marketplace Direct Limited currently has 1 director, Mr Makarious Shahata serving since May 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Makarious Shahata | England | 38 years | May 2015 | - | Director |
P&L
May 2024turnover
51.6m
+8%
operating profit
521.5k
-3%
gross margin
19.3%
+6.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
397.5k
+4.19%
total assets
3.8m
+0.79%
cash
3.8m
+0.96%
net assets
Total assets minus all liabilities
Similar Companies
marketplace direct limited company details
company number
09608670
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
78300 - Other human resources provision
incorporation date
May 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
WATERGATES LTD
address
3 brooks parade green lane, ilford, essex, IG3 9RT
Bank
-
Legal Advisor
-
marketplace direct 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 marketplace direct limited.
marketplace direct 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.
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marketplace direct limited Companies House Filings - See Documents
| date | description | view/download |
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