momentum projects limited
momentum projects limited Company Information
Company Number
10119073
Website
momentumprojects.com.auRegistered Address
maple house, woodlands business park, linford wood west, milton keynes, MK14 6FG
Industry
Architectural activities
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
terence sheehan 33.3%
nicholas crewe 33.3%
View Allmomentum projects limited Estimated Valuation
Pomanda estimates the enterprise value of MOMENTUM PROJECTS LIMITED at £2.2m based on a Turnover of £3.7m and 0.59x industry multiple (adjusted for size and gross margin).
momentum projects limited Estimated Valuation
Pomanda estimates the enterprise value of MOMENTUM PROJECTS LIMITED at £871.4k based on an EBITDA of £144.1k and a 6.05x industry multiple (adjusted for size and gross margin).
momentum projects limited Estimated Valuation
Pomanda estimates the enterprise value of MOMENTUM PROJECTS LIMITED at £2.5m based on Net Assets of £776k and 3.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Momentum Projects Limited Overview
Momentum Projects Limited is a live company located in linford wood west, MK14 6FG with a Companies House number of 10119073. It operates in the architectural activities sector, SIC Code 71111. Founded in April 2016, it's largest shareholder is terence sheehan with a 33.3% stake. Momentum Projects Limited is a young, small sized company, Pomanda has estimated its turnover at £3.7m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Momentum Projects Limited Health Check
Pomanda's financial health check has awarded Momentum Projects Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £3.7m, make it larger than the average company (£607.3k)
- Momentum Projects Limited
£607.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 174%, show it is growing at a faster rate (3.1%)
- Momentum Projects Limited
3.1% - Industry AVG
Production
with a gross margin of 50.3%, this company has a comparable cost of product (50.3%)
- Momentum Projects Limited
50.3% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (9%)
- Momentum Projects Limited
9% - Industry AVG
Employees
with 4 employees, this is below the industry average (8)
4 - Momentum Projects Limited
8 - Industry AVG
Pay Structure
on an average salary of £48.4k, the company has an equivalent pay structure (£48.4k)
- Momentum Projects Limited
£48.4k - Industry AVG
Efficiency
resulting in sales per employee of £934.3k, this is more efficient (£83k)
- Momentum Projects Limited
£83k - Industry AVG
Debtor Days
it gets paid by customers after 117 days, this is later than average (81 days)
- Momentum Projects Limited
81 days - Industry AVG
Creditor Days
its suppliers are paid after 157 days, this is slower than average (27 days)
- Momentum Projects Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Momentum Projects Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is average cash available to meet short term requirements (31 weeks)
28 weeks - Momentum Projects Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.2%, this is a similar level of debt than the average (51.6%)
56.2% - Momentum Projects Limited
51.6% - Industry AVG
MOMENTUM PROJECTS LIMITED financials
Momentum Projects Limited's latest turnover from April 2023 is estimated at £3.7 million and the company has net assets of £776 thousand. According to their latest financial statements, Momentum Projects Limited has 4 employees and maintains cash reserves of £551.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 4 | 3 | 3 | 3 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 633 | 1,265 | 1,898 | 280 | 560 | 840 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 633 | 1,265 | 1,898 | 280 | 560 | 840 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,204,096 | 234,489 | 206,137 | 33,606 | 176,619 | 101,531 | 450,516 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 17,105 | 5,337 | 3,113 | 33,518 | 3,396 | 4,826 | 12,994 |
| Cash | 551,444 | 997,741 | 473,597 | 379,112 | 311,002 | 229,010 | 261,297 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,772,645 | 1,237,567 | 682,847 | 446,236 | 491,017 | 335,367 | 724,807 |
| total assets | 1,773,278 | 1,238,832 | 684,745 | 446,516 | 491,577 | 336,207 | 724,807 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 801,779 | 203,224 | 48,862 | 28,267 | 137,898 | 41,400 | 24,433 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 195,315 | 391,607 | 118,693 | 79,143 | 65,008 | 74,485 | 588,916 |
| total current liabilities | 997,094 | 594,831 | 167,555 | 107,410 | 202,906 | 115,885 | 613,349 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 158 | 240 | 361 | 53 | 107 | 160 | 0 |
| total long term liabilities | 158 | 240 | 361 | 53 | 107 | 160 | 0 |
| total liabilities | 997,252 | 595,071 | 167,916 | 107,463 | 203,013 | 116,045 | 613,349 |
| net assets | 776,026 | 643,761 | 516,829 | 339,053 | 288,564 | 220,162 | 111,458 |
| total shareholders funds | 776,026 | 643,761 | 516,829 | 339,053 | 288,564 | 220,162 | 111,458 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 632 | 633 | 632 | 280 | 280 | 280 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 981,375 | 30,576 | 142,126 | -112,891 | 73,658 | -357,153 | 463,510 |
| Creditors | 598,555 | 154,362 | 20,595 | -109,631 | 96,498 | 16,967 | 24,433 |
| Accruals and Deferred Income | -196,292 | 272,914 | 39,550 | 14,135 | -9,477 | -514,431 | 588,916 |
| Deferred Taxes & Provisions | -82 | -121 | 308 | -54 | -53 | 160 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -446,297 | 524,144 | 94,485 | 68,110 | 81,992 | -32,287 | 261,297 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -446,297 | 524,144 | 94,485 | 68,110 | 81,992 | -32,287 | 261,297 |
momentum projects limited Credit Report and Business Information
Momentum Projects Limited Competitor Analysis
Perform a competitor analysis for momentum projects limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in MK14 area or any other competitors across 12 key performance metrics.
momentum projects limited Ownership
MOMENTUM PROJECTS LIMITED group structure
Momentum Projects Limited has no subsidiary companies.
Ultimate parent company
MOMENTUM PROJECTS LIMITED
10119073
momentum projects limited directors
Momentum Projects Limited currently has 3 directors. The longest serving directors include Mr Mark Ashton (Apr 2016) and Mr Terence Sheehan (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Ashton | United Kingdom | 62 years | Apr 2016 | - | Director |
| Mr Terence Sheehan | 61 years | Jan 2017 | - | Director | |
| Mr Nicholas Crewe | 54 years | Jan 2017 | - | Director |
P&L
April 2023turnover
3.7m
+366%
operating profit
143.4k
0%
gross margin
50.4%
+3.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
776k
+0.21%
total assets
1.8m
+0.43%
cash
551.4k
-0.45%
net assets
Total assets minus all liabilities
momentum projects limited company details
company number
10119073
Type
Private limited with Share Capital
industry
71111 - Architectural activities
incorporation date
April 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
April 2023
address
maple house, woodlands business park, linford wood west, milton keynes, MK14 6FG
accountant
FOXLEY KINGHAM
auditor
-
momentum projects 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 momentum projects limited.
momentum projects limited Companies House Filings - See Documents
| date | description | view/download |
|---|
