m t patel limited
m t patel limited Company Information
Company Number
09692914
Next Accounts
Apr 2025
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Directors
Shareholders
manesh patel
Group Structure
View All
Contact
Registered Address
105 bratt street, west bromwich, west midlands, B70 8SB
Website
-m t patel limited Estimated Valuation
Pomanda estimates the enterprise value of M T PATEL LIMITED at £42.2k based on a Turnover of £92.4k and 0.46x industry multiple (adjusted for size and gross margin).
m t patel limited Estimated Valuation
Pomanda estimates the enterprise value of M T PATEL LIMITED at £98.6k based on an EBITDA of £29.3k and a 3.36x industry multiple (adjusted for size and gross margin).
m t patel limited Estimated Valuation
Pomanda estimates the enterprise value of M T PATEL LIMITED at £70.9k based on Net Assets of £32.3k and 2.2x industry multiple (adjusted for liquidity).
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M T Patel Limited Overview
M T Patel Limited is a live company located in west midlands, B70 8SB with a Companies House number of 09692914. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in July 2015, it's largest shareholder is manesh patel with a 100% stake. M T Patel Limited is a established, micro sized company, Pomanda has estimated its turnover at £92.4k with low growth in recent years.
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M T Patel Limited Health Check
Pomanda's financial health check has awarded M T Patel Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £92.4k, make it smaller than the average company (£1.8m)
- M T Patel Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (5.9%)
- M T Patel Limited
5.9% - Industry AVG
Production
with a gross margin of 24.1%, this company has a higher cost of product (45.2%)
- M T Patel Limited
45.2% - Industry AVG
Profitability
an operating margin of 31.7% make it more profitable than the average company (6.1%)
- M T Patel Limited
6.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
1 - M T Patel Limited
17 - Industry AVG
Pay Structure
on an average salary of £49.4k, the company has an equivalent pay structure (£49.4k)
- M T Patel Limited
£49.4k - Industry AVG
Efficiency
resulting in sales per employee of £92.4k, this is less efficient (£117.3k)
- M T Patel Limited
£117.3k - Industry AVG
Debtor Days
it gets paid by customers after 143 days, this is later than average (57 days)
- M T Patel Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (32 days)
- M T Patel Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- M T Patel Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - M T Patel Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.7%, this is a lower level of debt than the average (52.9%)
29.7% - M T Patel Limited
52.9% - Industry AVG
M T PATEL LIMITED financials
M T Patel Limited's latest turnover from July 2023 is estimated at £92.4 thousand and the company has net assets of £32.3 thousand. According to their latest financial statements, M T Patel Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 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 | 1 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 9,500 | 9,500 | 9,500 | 9,500 | 9,500 | 9,500 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,500 |
| Investments & Other | 9,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,500 | 9,500 | 9,500 | 9,500 | 9,500 | 9,500 | 9,500 | 9,500 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 36,426 | 22,322 | 19,466 | 23,560 | 23,514 | 25,325 | 24,861 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,810 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 36,426 | 22,322 | 19,466 | 23,560 | 23,514 | 25,325 | 24,861 | 15,810 |
| total assets | 45,926 | 31,822 | 28,966 | 33,060 | 33,014 | 34,825 | 34,361 | 25,310 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 13,650 | 21,553 | 25,504 | 27,247 | 29,538 | 30,602 | 26,721 | 15,417 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 13,650 | 21,553 | 25,504 | 27,247 | 29,538 | 30,602 | 26,721 | 15,417 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 13,650 | 21,553 | 25,504 | 27,247 | 29,538 | 30,602 | 26,721 | 15,417 |
| net assets | 32,276 | 10,269 | 3,462 | 5,813 | 3,476 | 4,223 | 7,640 | 9,893 |
| total shareholders funds | 32,276 | 10,269 | 3,462 | 5,813 | 3,476 | 4,223 | 7,640 | 9,893 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 14,104 | 2,856 | -4,094 | 46 | -1,811 | 464 | 24,861 | 0 |
| Creditors | -7,903 | -3,951 | -1,743 | -2,291 | -1,064 | 3,881 | 11,304 | 15,417 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 9,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -15,810 | 15,810 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -15,810 | 15,810 |
m t patel limited Credit Report and Business Information
M T Patel Limited Competitor Analysis
Perform a competitor analysis for m t patel limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in B70 area or any other competitors across 12 key performance metrics.
m t patel limited Ownership
M T PATEL LIMITED group structure
M T Patel Limited has no subsidiary companies.
Ultimate parent company
M T PATEL LIMITED
09692914
m t patel limited directors
M T Patel Limited currently has 1 director, Mr Manesh Patel serving since Jul 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Manesh Patel | United Kingdom | 42 years | Jul 2015 | - | Director |
P&L
July 2023turnover
92.4k
+34%
operating profit
29.3k
0%
gross margin
24.1%
+4.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
32.3k
+2.14%
total assets
45.9k
+0.44%
cash
0
0%
net assets
Total assets minus all liabilities
m t patel limited company details
company number
09692914
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
105 bratt street, west bromwich, west midlands, B70 8SB
Bank
-
Legal Advisor
-
m t patel 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 m t patel limited.
m t patel 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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m t patel limited Companies House Filings - See Documents
| date | description | view/download |
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