one minute to midnight union limited

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one minute to midnight union limited Company Information

Share ONE MINUTE TO MIDNIGHT UNION LIMITED

Company Number

10038979

Shareholders

paul laver

douglas stuart dunn

Group Structure

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Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Registered Address

the old casino 28 fourth avenue, hove, east sussex, BN3 2PJ

one minute to midnight union limited Estimated Valuation

£100.6k

Pomanda estimates the enterprise value of ONE MINUTE TO MIDNIGHT UNION LIMITED at £100.6k based on a Turnover of £117.2k and 0.86x industry multiple (adjusted for size and gross margin).

one minute to midnight union limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ONE MINUTE TO MIDNIGHT UNION LIMITED at £0 based on an EBITDA of £-216 and a 3.59x industry multiple (adjusted for size and gross margin).

one minute to midnight union limited Estimated Valuation

£103.6k

Pomanda estimates the enterprise value of ONE MINUTE TO MIDNIGHT UNION LIMITED at £103.6k based on Net Assets of £79.4k and 1.31x industry multiple (adjusted for liquidity).

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One Minute To Midnight Union Limited Overview

One Minute To Midnight Union Limited is a live company located in east sussex, BN3 2PJ with a Companies House number of 10038979. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in March 2016, it's largest shareholder is paul laver with a 50% stake. One Minute To Midnight Union Limited is a young, micro sized company, Pomanda has estimated its turnover at £117.2k with declining growth in recent years.

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One Minute To Midnight Union Limited Health Check

Pomanda's financial health check has awarded One Minute To Midnight Union Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £117.2k, make it smaller than the average company (£18.9m)

£117.2k - One Minute To Midnight Union Limited

£18.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (10.5%)

-10% - One Minute To Midnight Union Limited

10.5% - Industry AVG

production

Production

with a gross margin of 21.4%, this company has a higher cost of product (36.3%)

21.4% - One Minute To Midnight Union Limited

36.3% - Industry AVG

profitability

Profitability

an operating margin of -0.2% make it less profitable than the average company (4.5%)

-0.2% - One Minute To Midnight Union Limited

4.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (105)

2 - One Minute To Midnight Union Limited

105 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.7k, the company has an equivalent pay structure (£44.7k)

£44.7k - One Minute To Midnight Union Limited

£44.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £58.6k, this is less efficient (£191.1k)

£58.6k - One Minute To Midnight Union Limited

£191.1k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - One Minute To Midnight Union Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (44 days)

2 days - One Minute To Midnight Union Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - One Minute To Midnight Union Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - One Minute To Midnight Union Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.8%, this is a lower level of debt than the average (69.7%)

0.8% - One Minute To Midnight Union Limited

69.7% - Industry AVG

ONE MINUTE TO MIDNIGHT UNION LIMITED financials

EXPORTms excel logo

One Minute To Midnight Union Limited's latest turnover from December 2023 is estimated at £117.2 thousand and the company has net assets of £79.4 thousand. According to their latest financial statements, One Minute To Midnight Union Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover117,222107,39993,63485,895161,816161,213
Other Income Or Grants
Cost Of Sales92,17284,83574,86269,511129,612129,668
Gross Profit25,05022,56318,77216,38432,20431,545
Admin Expenses25,26622,76118,95016,38232,20431,545-100,000
Operating Profit-216-198-1782100,000
Interest Payable
Interest Receivable
Pre-Tax Profit-216-198-1782100,000
Tax-20,000
Profit After Tax-216-198-178280,000
Dividends Paid
Retained Profit-216-198-178280,000
Employee Costs89,34583,78379,53074,77073,59572,104
Number Of Employees222222
EBITDA*-216-198-1782100,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets80,05880,05880,05880,058
Intangible Assets
Investments & Other222280,00080,00080,00080,000
Debtors (Due After 1 year)
Total Fixed Assets80,06080,06080,06080,06080,00080,00080,00080,000
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors2222
Cash
misc current assets
total current assets2222
total assets80,06080,06080,06080,06080,00280,00280,00280,002
Bank overdraft
Bank loan
Trade Creditors 65243623858
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities65243623858
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities65243623858
net assets79,40879,62479,82280,00280,00280,00280,00280,002
total shareholders funds79,40879,62479,82280,00280,00280,00280,00280,002
Dec 2023Dec 2022Dec 2021Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit-216-198-1782100,000
Depreciation
Amortisation
Tax-20,000
Stock
Debtors-2-22
Creditors21619823858
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations626279,998
Investing Activities
capital expenditure-80,058-80,058
Change in Investments-79,998-79,99880,000
cash flow from investments-60-60-80,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-2-22
interest
cash flow from financing-2-22
cash and cash equivalents
cash
overdraft
change in cash

one minute to midnight union 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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One Minute To Midnight Union Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for one minute to midnight union limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BN3 area or any other competitors across 12 key performance metrics.

one minute to midnight union limited Ownership

ONE MINUTE TO MIDNIGHT UNION LIMITED group structure

One Minute To Midnight Union Limited has 2 subsidiary companies.

Ultimate parent company

ONE MINUTE TO MIDNIGHT UNION LIMITED

10038979

2 subsidiaries

ONE MINUTE TO MIDNIGHT UNION LIMITED Shareholders

paul laver 50%
douglas stuart dunn 50%

one minute to midnight union limited directors

One Minute To Midnight Union Limited currently has 2 directors. The longest serving directors include Mr Paul Laver (Mar 2016) and Mr Douglas Dunn (Mar 2016).

officercountryagestartendrole
Mr Paul LaverEngland56 years Mar 2016- Director
Mr Douglas DunnEngland47 years Mar 2016- Director

P&L

December 2023

turnover

117.2k

+9%

operating profit

-216

0%

gross margin

21.4%

+1.72%

turnover

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

Balance Sheet

December 2023

net assets

79.4k

0%

total assets

80.1k

0%

cash

0

0%

net assets

Total assets minus all liabilities

one minute to midnight union limited company details

company number

10038979

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

March 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

one minute to midnight worldwide limited (November 2022)

one minute to midnight limited (June 2016)

accountant

GALLOWAYS ACCOUNTING (HOVE) LIMITED

auditor

-

address

the old casino 28 fourth avenue, hove, east sussex, BN3 2PJ

Bank

-

Legal Advisor

-

one minute to midnight union 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 one minute to midnight union limited.

one minute to midnight union 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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one minute to midnight union limited Companies House Filings - See Documents

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