mjt developments limited
mjt developments limited Company Information
Group Structure
View All
Industry
Development of building projects
Registered Address
46 park place park place, leeds, LS1 2RY
Website
mjtdevelopments.commjt developments limited Estimated Valuation
Pomanda estimates the enterprise value of MJT DEVELOPMENTS LIMITED at £323.4k based on a Turnover of £680.3k and 0.48x industry multiple (adjusted for size and gross margin).
mjt developments limited Estimated Valuation
Pomanda estimates the enterprise value of MJT DEVELOPMENTS LIMITED at £467.8k based on an EBITDA of £128.1k and a 3.65x industry multiple (adjusted for size and gross margin).
mjt developments limited Estimated Valuation
Pomanda estimates the enterprise value of MJT DEVELOPMENTS LIMITED at £140k based on Net Assets of £93.7k and 1.49x industry multiple (adjusted for liquidity).
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Mjt Developments Limited Overview
Mjt Developments Limited is a live company located in leeds, LS1 2RY with a Companies House number of 09875543. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2015, it's largest shareholder is thomas todd with a 100% stake. Mjt Developments Limited is a established, small sized company, Pomanda has estimated its turnover at £680.3k with high growth in recent years.
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Mjt Developments Limited Health Check
Pomanda's financial health check has awarded Mjt Developments Limited a 4.5 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
3 Regular
4 Weak
Size
annual sales of £680.3k, make it smaller than the average company (£2m)
- Mjt Developments Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (0.5%)
- Mjt Developments Limited
0.5% - Industry AVG
Production
with a gross margin of 23.6%, this company has a comparable cost of product (23.6%)
- Mjt Developments Limited
23.6% - Industry AVG
Profitability
an operating margin of 18.8% make it more profitable than the average company (9.1%)
- Mjt Developments Limited
9.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Mjt Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Mjt Developments Limited
£44k - Industry AVG
Efficiency
resulting in sales per employee of £680.3k, this is more efficient (£263.1k)
- Mjt Developments Limited
£263.1k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is later than average (34 days)
- Mjt Developments Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (32 days)
- Mjt Developments Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mjt Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (15 weeks)
6 weeks - Mjt Developments Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.3%, this is a similar level of debt than the average (75.8%)
75.3% - Mjt Developments Limited
75.8% - Industry AVG
MJT DEVELOPMENTS LIMITED financials
Mjt Developments Limited's latest turnover from October 2021 is estimated at £680.3 thousand and the company has net assets of £93.7 thousand. According to their latest financial statements, Mjt Developments Limited has 1 employee and maintains cash reserves of £31.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2021 | Oct 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 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 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2021 | Oct 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 136 | 272 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 136 | 272 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 301,361 | 33,996 | 0 |
| Trade Debtors | 83,424 | 70,153 | 207,573 | 33,100 | 1,632 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 264,152 | 134,715 | 8,218 | 6,037 | 250 | 0 |
| Cash | 31,191 | 718 | 22,204 | 0 | 1,156 | 10 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 378,767 | 205,586 | 237,995 | 340,498 | 37,034 | 10 |
| total assets | 378,767 | 205,586 | 237,995 | 340,634 | 37,306 | 10 |
| Bank overdraft | 10,000 | 2,500 | 0 | 2,057 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 89,203 | 19,290 | 84,467 | 69,057 | 32,014 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 145,826 | 143,860 | 116,704 | 263,256 | 6,580 | 0 |
| total current liabilities | 245,029 | 165,650 | 201,171 | 334,370 | 38,594 | 0 |
| loans | 40,000 | 47,500 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 52 | 0 | 0 |
| total long term liabilities | 40,000 | 47,500 | 0 | 52 | 0 | 0 |
| total liabilities | 285,029 | 213,150 | 201,171 | 334,422 | 38,594 | 0 |
| net assets | 93,738 | -7,564 | 36,824 | 6,212 | -1,288 | 10 |
| total shareholders funds | 93,738 | -7,564 | 36,824 | 6,212 | -1,288 | 10 |
| Oct 2021 | Oct 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 136 | 136 | 136 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | -301,361 | 267,365 | 33,996 | 0 |
| Debtors | 142,708 | -10,923 | 176,654 | 37,255 | 1,882 | 0 |
| Creditors | 69,913 | -65,177 | 15,410 | 37,043 | 32,014 | 0 |
| Accruals and Deferred Income | 1,966 | 27,156 | -146,552 | 256,676 | 6,580 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -52 | 52 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -7,500 | 47,500 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 30,473 | -21,486 | 22,204 | -1,156 | 1,146 | 10 |
| overdraft | 7,500 | 2,500 | -2,057 | 2,057 | 0 | 0 |
| change in cash | 22,973 | -23,986 | 24,261 | -3,213 | 1,146 | 10 |
mjt developments limited Credit Report and Business Information
Mjt Developments Limited Competitor Analysis
Perform a competitor analysis for mjt developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in LS1 area or any other competitors across 12 key performance metrics.
mjt developments limited Ownership
MJT DEVELOPMENTS LIMITED group structure
Mjt Developments Limited has no subsidiary companies.
Ultimate parent company
MJT DEVELOPMENTS LIMITED
09875543
mjt developments limited directors
Mjt Developments Limited currently has 1 director, Mr Sam Todd serving since Feb 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sam Todd | England | 35 years | Feb 2019 | - | Director |
P&L
October 2021turnover
680.3k
+51%
operating profit
128.1k
0%
gross margin
23.7%
-7.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2021net assets
93.7k
-13.39%
total assets
378.8k
+0.84%
cash
31.2k
+42.44%
net assets
Total assets minus all liabilities
mjt developments limited company details
company number
09875543
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2021
previous names
N/A
accountant
SEDULO LEEDS LIMIITED
auditor
-
address
46 park place park place, leeds, LS1 2RY
Bank
-
Legal Advisor
-
mjt developments 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 found 4 charges/mortgages relating to mjt developments limited. Currently there are 2 open charges and 2 have been satisfied in the past.
mjt developments 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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mjt developments limited Companies House Filings - See Documents
| date | description | view/download |
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