Pomanda estimates the enterprise value of MMS NORTH LTD at £1.1m based on a Turnover of £387.8k and 2.8x industry multiple (adjusted for size and gross margin).
mms north ltdEstimated Valuation
£371.7k
Pomanda estimates the enterprise value of MMS NORTH LTD at £371.7k based on an EBITDA of £60.5k and a 6.15x industry multiple (adjusted for size and gross margin).
mms north ltdEstimated Valuation
£347.6k
Pomanda estimates the enterprise value of MMS NORTH LTD at £347.6k based on Net Assets of £211.3k and 1.64x industry multiple (adjusted for liquidity).
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Mms North LtdOverview
Mms North Ltd is a live company located in manchester, M25 0DB with a Companies House number of 10112927. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2016, it's largest shareholder is
morris moore
with a 100% stake. Mms North Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£387.8k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Mms North Ltd 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
Health Rating4.5out of 5
4 Strong
2 Regular
4 Weak
Size
annual sales of £387.8k, make it smaller than the average company (£667k)
£387.8k - Mms North Ltd
£667k - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (3%)
38% - Mms North Ltd
3% - Industry AVG
Production
with a gross margin of 70.9%, this company has a comparable cost of product (70.9%)
70.9% - Mms North Ltd
70.9% - Industry AVG
Profitability
an operating margin of 15.6% make it less profitable than the average company (20.3%)
15.6% - Mms North Ltd
20.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Mms North Ltd
4 - Industry AVG
Pay Structure
on an average salary of £36.6k, the company has an equivalent pay structure (£36.6k)
£36.6k - Mms North Ltd
£36.6k - Industry AVG
Efficiency
resulting in sales per employee of £387.8k, this is more efficient (£158k)
£387.8k - Mms North Ltd
£158k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is later than average (36 days)
47 days - Mms North Ltd
36 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mms North Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mms North Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 79 weeks, this is more cash available to meet short term requirements (24 weeks)
79 weeks - Mms North Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.5%, this is a lower level of debt than the average (62.2%)
18.5% - Mms North Ltd
62.2% - Industry AVG
MMS NORTH LTD financials
EXPORT
Mms North Ltd's latest turnover from September 2023 is estimated at £387.8 thousand and the company has net assets of £211.3 thousand. According to their latest financial statements, Mms North Ltd has 1 employee and maintains cash reserves of £19.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Aug 2016
Turnover
387,769
278,210
263,406
147,728
159,693
Other Income Or Grants
Cost Of Sales
112,785
80,759
76,635
39,669
42,342
Gross Profit
274,984
197,451
186,771
108,059
117,351
Admin Expenses
214,528
151,359
109,087
106,897
42,483
28,269
-48,691
Operating Profit
60,456
46,092
77,684
1,162
74,868
-28,269
48,691
Interest Payable
3,976
2,934
2,191
1,106
Interest Receivable
669
91
3
2
23
224
67
Pre-Tax Profit
57,149
43,248
75,496
58
74,891
-28,045
48,758
Tax
-14,287
-8,217
-14,344
-11
-14,229
-9,264
Profit After Tax
42,862
35,031
61,152
47
60,662
-28,045
39,494
Dividends Paid
Retained Profit
42,862
35,031
61,152
47
60,662
-28,045
39,494
Employee Costs
36,559
35,871
33,678
33,541
34,327
Number Of Employees
1
1
1
1
1
EBITDA*
60,456
46,092
77,684
1,162
74,868
-28,269
48,691
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Aug 2016
Tangible Assets
247,671
76,132
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
247,671
76,132
Stock & work in progress
Trade Debtors
50,591
36,374
36,374
Group Debtors
66,302
56,802
41,002
40,502
41,450
Misc Debtors
122,630
122,630
106,630
85,180
52,630
73,654
2,100
Cash
19,791
5,705
2,379
3,426
131
6,093
53,623
100
misc current assets
total current assets
259,314
221,511
186,385
129,108
94,211
79,747
55,723
100
total assets
259,314
221,511
186,385
129,108
94,211
327,418
131,855
100
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
1,000
1,000
other short term finances
hp & lease commitments
other current liabilities
11,890
16,509
17,397
20,600
22,000
258,869
47,261
total current liabilities
12,890
17,509
17,397
20,600
22,000
258,869
47,261
loans
35,121
35,561
35,578
36,250
hp & lease commitments
Accruals and Deferred Income
other liabilities
57,000
45,000
provisions
total long term liabilities
35,121
35,561
35,578
36,250
57,000
45,000
total liabilities
48,011
53,070
52,975
56,850
22,000
315,869
92,261
net assets
211,303
168,441
133,410
72,258
72,211
11,549
39,594
100
total shareholders funds
211,303
168,441
133,410
72,258
72,211
11,549
39,594
100
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Aug 2016
Operating Activities
Operating Profit
60,456
46,092
77,684
1,162
74,868
-28,269
48,691
Depreciation
Amortisation
Tax
-14,287
-8,217
-14,344
-11
-14,229
-9,264
Stock
Debtors
23,717
31,800
58,324
31,602
20,426
71,554
2,100
Creditors
Accruals and Deferred Income
-4,619
-888
-3,203
-1,400
-236,869
211,608
47,261
Deferred Taxes & Provisions
Cash flow from operations
17,833
5,187
1,813
-31,851
-196,656
111,785
84,588
Investing Activities
capital expenditure
247,671
-171,539
-76,132
Change in Investments
cash flow from investments
247,671
-171,539
-76,132
Financing Activities
Bank loans
Group/Directors Accounts
1,000
Other Short Term Loans
Long term loans
-440
-17
-672
36,250
Hire Purchase and Lease Commitments
other long term liabilities
-57,000
12,000
45,000
share issue
100
interest
-3,307
-2,843
-2,188
-1,104
23
224
67
cash flow from financing
-3,747
-1,860
-2,860
35,146
-56,977
12,224
45,067
100
cash and cash equivalents
cash
14,086
3,326
-1,047
3,295
-5,962
-47,530
53,523
100
overdraft
change in cash
14,086
3,326
-1,047
3,295
-5,962
-47,530
53,523
100
mms north ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for mms north ltd. Get real-time insights into mms north ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mms north ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M25 area or any other competitors across 12 key performance metrics.
mms north ltd Ownership
MMS NORTH LTD group structure
Mms North Ltd has no subsidiary companies.
Ultimate parent company
MMS NORTH LTD
10112927
MMS NORTH LTD Shareholders
The sole shareholder of Mms North Ltd is Morris Moore.
morris moore
100%
mms north ltd directors
Mms North Ltd currently has 1 director, Mr Morris Moore serving since Apr 2016.
68320 - Management of real estate on a fee or contract basis
68100 - Buying and selling of own real estate
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
BOOKSHINE LTD
auditor
-
address
71a windsor road, prestwich, manchester, M25 0DB
Bank
-
Legal Advisor
-
mms north ltd 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 mms north ltd.
mms north ltd 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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mms north ltdCompanies House Filings - See Documents
