mydigitaldevelopment.com limited
mydigitaldevelopment.com limited Company Information
Company Number
10272625
Next Accounts
Apr 2025
Industry
Other business support service activities n.e.c.
Directors
Shareholders
rakesh kumar patel
Group Structure
View All
Contact
Registered Address
level 5a maple house, 149 tottenham court road, london, W1T 7NF
Website
-mydigitaldevelopment.com limited Estimated Valuation
Pomanda estimates the enterprise value of MYDIGITALDEVELOPMENT.COM LIMITED at £79.4k based on a Turnover of £150.7k and 0.53x industry multiple (adjusted for size and gross margin).
mydigitaldevelopment.com limited Estimated Valuation
Pomanda estimates the enterprise value of MYDIGITALDEVELOPMENT.COM LIMITED at £82.9k based on an EBITDA of £21.4k and a 3.88x industry multiple (adjusted for size and gross margin).
mydigitaldevelopment.com limited Estimated Valuation
Pomanda estimates the enterprise value of MYDIGITALDEVELOPMENT.COM LIMITED at £0 based on Net Assets of £-192k and 2.35x industry multiple (adjusted for liquidity).
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Mydigitaldevelopment.com Limited Overview
Mydigitaldevelopment.com Limited is a live company located in london, W1T 7NF with a Companies House number of 10272625. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2016, it's largest shareholder is rakesh kumar patel with a 100% stake. Mydigitaldevelopment.com Limited is a young, micro sized company, Pomanda has estimated its turnover at £150.7k with declining growth in recent years.
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Mydigitaldevelopment.com Limited Health Check
Pomanda's financial health check has awarded Mydigitaldevelopment.Com Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £150.7k, make it smaller than the average company (£3.6m)
- Mydigitaldevelopment.com Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (4.9%)
- Mydigitaldevelopment.com Limited
4.9% - Industry AVG
Production
with a gross margin of 37.8%, this company has a comparable cost of product (37.8%)
- Mydigitaldevelopment.com Limited
37.8% - Industry AVG
Profitability
an operating margin of 14.2% make it more profitable than the average company (6.1%)
- Mydigitaldevelopment.com Limited
6.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
1 - Mydigitaldevelopment.com Limited
23 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- Mydigitaldevelopment.com Limited
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £150.7k, this is equally as efficient (£150.7k)
- Mydigitaldevelopment.com Limited
£150.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mydigitaldevelopment.com Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mydigitaldevelopment.com Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mydigitaldevelopment.com Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (25 weeks)
0 weeks - Mydigitaldevelopment.com Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15473.1%, this is a higher level of debt than the average (61.4%)
15473.1% - Mydigitaldevelopment.com Limited
61.4% - Industry AVG
MYDIGITALDEVELOPMENT.COM LIMITED financials
Mydigitaldevelopment.Com Limited's latest turnover from July 2023 is estimated at £150.7 thousand and the company has net assets of -£192 thousand. According to their latest financial statements, Mydigitaldevelopment.Com Limited has 1 employee and maintains cash reserves of £1.2 thousand 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 | |
|---|---|---|---|---|---|---|---|
| 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
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 376,392 | 261,702 | 0 | 1,639,821 | 738,163 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 35,400 | 35,770 | 36,627 | 2,380 | 4,810 |
| Cash | 1,249 | 5,693 | 31 | 620 | 267,006 | 20,612 | 3,916 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,249 | 5,693 | 411,823 | 298,092 | 303,633 | 1,662,813 | 746,889 |
| total assets | 1,249 | 5,693 | 411,823 | 298,092 | 303,633 | 1,662,813 | 746,889 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 5,550 | 5,550 | 10,739 | 1,667 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 155,399 | 167,031 | 215,759 | 108,232 | 70,443 | 516,855 | 509,252 |
| total current liabilities | 160,949 | 172,581 | 226,498 | 109,899 | 70,443 | 516,855 | 509,252 |
| loans | 32,310 | 37,914 | 38,333 | 48,333 | 0 | 1,171,663 | 244,941 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 32,310 | 37,914 | 38,333 | 48,333 | 0 | 1,171,663 | 244,941 |
| total liabilities | 193,259 | 210,495 | 264,831 | 158,232 | 70,443 | 1,688,518 | 754,193 |
| net assets | -192,010 | -204,802 | 146,992 | 139,860 | 233,190 | -25,705 | -7,304 |
| total shareholders funds | -192,010 | -204,802 | 146,992 | 139,860 | 233,190 | -25,705 | -7,304 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | -376,392 | 114,690 | 261,702 | -1,639,821 | 901,658 | 738,163 |
| Debtors | 0 | -35,400 | -370 | -857 | 34,247 | -2,430 | 4,810 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -11,632 | -48,728 | 107,527 | 37,789 | -446,412 | 7,603 | 509,252 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 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 | -5,189 | 9,072 | 1,667 | 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 | -5,604 | -419 | -10,000 | 48,333 | -1,171,663 | 926,722 | 244,941 |
| 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 | -4,444 | 5,662 | -589 | -266,386 | 246,394 | 16,696 | 3,916 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,444 | 5,662 | -589 | -266,386 | 246,394 | 16,696 | 3,916 |
mydigitaldevelopment.com limited Credit Report and Business Information
Mydigitaldevelopment.com Limited Competitor Analysis
Perform a competitor analysis for mydigitaldevelopment.com limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in W1T area or any other competitors across 12 key performance metrics.
mydigitaldevelopment.com limited Ownership
MYDIGITALDEVELOPMENT.COM LIMITED group structure
Mydigitaldevelopment.Com Limited has no subsidiary companies.
Ultimate parent company
MYDIGITALDEVELOPMENT.COM LIMITED
10272625
mydigitaldevelopment.com limited directors
Mydigitaldevelopment.Com Limited currently has 1 director, Mr Rakesh Patel serving since Jul 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rakesh Patel | United Kingdom | 57 years | Jul 2016 | - | Director |
P&L
July 2023turnover
150.7k
+12%
operating profit
21.4k
0%
gross margin
37.9%
-0.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-192k
-0.06%
total assets
1.2k
-0.78%
cash
1.2k
-0.78%
net assets
Total assets minus all liabilities
mydigitaldevelopment.com limited company details
company number
10272625
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
level 5a maple house, 149 tottenham court road, london, W1T 7NF
Bank
-
Legal Advisor
-
mydigitaldevelopment.com 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 2 charges/mortgages relating to mydigitaldevelopment.com limited. Currently there are 2 open charges and 0 have been satisfied in the past.
mydigitaldevelopment.com 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.
Click to start generating capital raising & share issue transactions for MYDIGITALDEVELOPMENT.COM LIMITED. This can take several minutes, an email will notify you when this has completed.
mydigitaldevelopment.com limited Companies House Filings - See Documents
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