mjc accountancy limited

Dissolved 

mjc accountancy limited Company Information

Share MJC ACCOUNTANCY LIMITED

Company Number

09647792

Directors

Matthew Child

Shareholders

matthew child

Group Structure

View All

Industry

Accounting, and auditing activities

 

Registered Address

bollin house bollin link, wilmslow, cheshire, SK9 1DP

Website

-

mjc accountancy limited Estimated Valuation

£62.8k

Pomanda estimates the enterprise value of MJC ACCOUNTANCY LIMITED at £62.8k based on a Turnover of £71.4k and 0.88x industry multiple (adjusted for size and gross margin).

mjc accountancy limited Estimated Valuation

£10.4k

Pomanda estimates the enterprise value of MJC ACCOUNTANCY LIMITED at £10.4k based on an EBITDA of £1.8k and a 5.64x industry multiple (adjusted for size and gross margin).

mjc accountancy limited Estimated Valuation

£8.4k

Pomanda estimates the enterprise value of MJC ACCOUNTANCY LIMITED at £8.4k based on Net Assets of £2.7k and 3.06x industry multiple (adjusted for liquidity).

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Mjc Accountancy Limited Overview

Mjc Accountancy Limited is a dissolved company that was located in cheshire, SK9 1DP with a Companies House number of 09647792. It operated in the accounting and auditing activities sector, SIC Code 69201. Founded in June 2015, it's largest shareholder was matthew child with a 100% stake. The last turnover for Mjc Accountancy Limited was estimated at £71.4k.

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Mjc Accountancy Limited Health Check

Pomanda's financial health check has awarded Mjc Accountancy Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £71.4k, make it smaller than the average company (£142k)

£71.4k - Mjc Accountancy Limited

£142k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (7.1%)

6% - Mjc Accountancy Limited

7.1% - Industry AVG

production

Production

with a gross margin of 84.6%, this company has a comparable cost of product (84.6%)

84.6% - Mjc Accountancy Limited

84.6% - Industry AVG

profitability

Profitability

an operating margin of 2.3% make it less profitable than the average company (18.7%)

2.3% - Mjc Accountancy Limited

18.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - Mjc Accountancy Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.6k, the company has an equivalent pay structure (£28.6k)

£28.6k - Mjc Accountancy Limited

£28.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £71.4k, this is equally as efficient (£71.4k)

£71.4k - Mjc Accountancy Limited

£71.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Mjc Accountancy Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Mjc Accountancy Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mjc Accountancy Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 60 weeks, this is more cash available to meet short term requirements (30 weeks)

60 weeks - Mjc Accountancy Limited

30 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 85.6%, this is a higher level of debt than the average (58.1%)

85.6% - Mjc Accountancy Limited

58.1% - Industry AVG

MJC ACCOUNTANCY LIMITED financials

EXPORTms excel logo

Mjc Accountancy Limited's latest turnover from July 2020 is estimated at £71.4 thousand and the company has net assets of £2.7 thousand. According to their latest financial statements, Mjc Accountancy Limited has 1 employee and maintains cash reserves of £19 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2020Jun 2019Jun 2018Jun 2017Jun 2016
Turnover71,40429,04028,34960,03357,953
Other Income Or Grants
Cost Of Sales10,9826836981,3194,413
Gross Profit60,42128,35727,65158,71453,541
Admin Expenses58,78530,64325,35758,70851,518
Operating Profit1,636-2,2862,29462,023
Interest Payable2224
Interest Receivable18128903220
Pre-Tax Profit1,632-2,1822,384382,043
Tax-310-453-7-408
Profit After Tax1,322-2,1821,931311,634
Dividends Paid
Retained Profit1,322-2,1821,931311,634
Employee Costs28,60334,44431,14328,07226,989
Number Of Employees11111
EBITDA*1,839-1,8042,77562,023

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2020Jun 2019Jun 2018Jun 2017Jun 2016
Tangible Assets203685
Intangible Assets
Investments & Other
Debtors (Due After 1 year)2,100
Total Fixed Assets2036852,100
Stock & work in progress
Trade Debtors2,3702,370
Group Debtors
Misc Debtors112158
Cash18,99716,42217,77118,1017,879
misc current assets
total current assets18,99718,90420,29918,1017,879
total assets18,99719,10720,98418,1019,979
Bank overdraft719
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities16,96417,37816,4268,335
total current liabilities16,25117,68317,37816,4268,335
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities16,25117,68317,37816,4268,335
net assets2,7461,4243,6061,6751,644
total shareholders funds2,7461,4243,6061,6751,644
Jul 2020Jun 2019Jun 2018Jun 2017Jun 2016
Operating Activities
Operating Profit1,636-2,2862,29462,023
Depreciation203482481
Amortisation
Tax-310-453-7-408
Stock
Debtors-2,482-462,528-2,1002,100
Creditors
Accruals and Deferred Income-16,964-4149528,0918,335
Deferred Taxes & Provisions
Cash flow from operations-12,953-2,17274610,1907,850
Investing Activities
capital expenditure-1,166
Change in Investments
cash flow from investments-1,166
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue10
interest-4104903220
cash flow from financing-4104903230
cash and cash equivalents
cash2,575-1,349-33010,2227,879
overdraft-719719
change in cash3,294-2,068-33010,2227,879

mjc accountancy limited 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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Mjc Accountancy Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mjc accountancy limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in SK9 area or any other competitors across 12 key performance metrics.

mjc accountancy limited Ownership

MJC ACCOUNTANCY LIMITED group structure

Mjc Accountancy Limited has no subsidiary companies.

Ultimate parent company

MJC ACCOUNTANCY LIMITED

09647792

MJC ACCOUNTANCY LIMITED Shareholders

matthew child 100%

mjc accountancy limited directors

Mjc Accountancy Limited currently has 1 director, Mr Matthew Child serving since Jun 2015.

officercountryagestartendrole
Mr Matthew ChildEngland45 years Jun 2015- Director

P&L

July 2020

turnover

71.4k

+146%

operating profit

1.6k

0%

gross margin

84.7%

-13.34%

turnover

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

Balance Sheet

July 2020

net assets

2.7k

+0.93%

total assets

19k

-0.01%

cash

19k

+0.16%

net assets

Total assets minus all liabilities

mjc accountancy limited company details

company number

09647792

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

June 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2020

previous names

N/A

accountant

UMBRELLA ACCOUNTANTS LLP

auditor

-

address

bollin house bollin link, wilmslow, cheshire, SK9 1DP

Bank

-

Legal Advisor

-

mjc accountancy 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 mjc accountancy limited.

mjc accountancy 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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mjc accountancy limited Companies House Filings - See Documents

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