mo event furniture limited
mo event furniture limited Company Information
Company Number
10337692
Website
www.moeventfurniture.comRegistered Address
woodhaven goulton lane, potto, northallerton, DL6 3HP
Industry
Agents involved in the sale of furniture, household goods, hardware and ironmongery
Wholesale of furniture, carpets and lighting equipment
Telephone
01642903132
Next Accounts Due
May 2025
Group Structure
View All
Directors
Michael Acklam-Hall8 Years
Shareholders
scott jonathan acklam-hall 50%
michael ramsay acklam-hall 50%
mo event furniture limited Estimated Valuation
Pomanda estimates the enterprise value of MO EVENT FURNITURE LIMITED at £58.4k based on a Turnover of £232.3k and 0.25x industry multiple (adjusted for size and gross margin).
mo event furniture limited Estimated Valuation
Pomanda estimates the enterprise value of MO EVENT FURNITURE LIMITED at £16.8k based on an EBITDA of £5.6k and a 3x industry multiple (adjusted for size and gross margin).
mo event furniture limited Estimated Valuation
Pomanda estimates the enterprise value of MO EVENT FURNITURE LIMITED at £25.8k based on Net Assets of £12.8k and 2.02x industry multiple (adjusted for liquidity).
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Mo Event Furniture Limited Overview
Mo Event Furniture Limited is a live company located in northallerton, DL6 3HP with a Companies House number of 10337692. It operates in the wholesale of furniture, carpets and lighting equipment sector, SIC Code 46470. Founded in August 2016, it's largest shareholder is scott jonathan acklam-hall with a 50% stake. Mo Event Furniture Limited is a young, micro sized company, Pomanda has estimated its turnover at £232.3k with declining growth in recent years.
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Mo Event Furniture Limited Health Check
Pomanda's financial health check has awarded Mo Event Furniture 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
1 Strong
2 Regular
7 Weak
Size
annual sales of £232.3k, make it smaller than the average company (£7.6m)
- Mo Event Furniture Limited
£7.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (7.1%)
- Mo Event Furniture Limited
7.1% - Industry AVG
Production
with a gross margin of 23.7%, this company has a higher cost of product (33.2%)
- Mo Event Furniture Limited
33.2% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (5.1%)
- Mo Event Furniture Limited
5.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (32)
1 - Mo Event Furniture Limited
32 - Industry AVG
Pay Structure
on an average salary of £38.3k, the company has an equivalent pay structure (£38.3k)
- Mo Event Furniture Limited
£38.3k - Industry AVG
Efficiency
resulting in sales per employee of £232.3k, this is equally as efficient (£267.6k)
- Mo Event Furniture Limited
£267.6k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (33 days)
- Mo Event Furniture Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (31 days)
- Mo Event Furniture Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mo Event Furniture Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mo Event Furniture Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.7%, this is a higher level of debt than the average (58.6%)
79.7% - Mo Event Furniture Limited
58.6% - Industry AVG
MO EVENT FURNITURE LIMITED financials
Mo Event Furniture Limited's latest turnover from August 2023 is estimated at £232.3 thousand and the company has net assets of £12.8 thousand. According to their latest financial statements, Mo Event Furniture Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 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 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,330 | 4,473 | 6,012 | 8,089 | 10,891 | 14,679 | 1,001 |
| 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 | 3,330 | 4,473 | 6,012 | 8,089 | 10,891 | 14,679 | 1,001 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 10,092 |
| Trade Debtors | 59,564 | 51,872 | 85,468 | 74,654 | 50,506 | 119,987 | 7,218 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 9,831 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 59,564 | 51,872 | 85,468 | 74,654 | 50,506 | 119,987 | 27,141 |
| total assets | 62,894 | 56,345 | 91,480 | 82,743 | 61,397 | 134,666 | 28,142 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 34,056 | 28,928 | 57,364 | 44,266 | 39,079 | 96,876 | 18,139 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 34,056 | 28,928 | 57,364 | 44,266 | 39,079 | 96,876 | 18,139 |
| 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 | 16,066 | 18,860 | 24,731 | 27,554 | 6,720 | 9,240 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 16,066 | 18,860 | 24,731 | 27,554 | 6,720 | 9,240 | 0 |
| total liabilities | 50,122 | 47,788 | 82,095 | 71,820 | 45,799 | 106,116 | 18,139 |
| net assets | 12,772 | 8,557 | 9,385 | 10,923 | 15,598 | 28,550 | 10,003 |
| total shareholders funds | 12,772 | 8,557 | 9,385 | 10,923 | 15,598 | 28,550 | 10,003 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 349 | ||||||
| Amortisation | 0 | ||||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -10,092 | 10,092 |
| Debtors | 7,692 | -33,596 | 10,814 | 24,148 | -69,481 | 112,769 | 7,218 |
| Creditors | 5,128 | -28,436 | 13,098 | 5,187 | -57,797 | 78,737 | 18,139 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 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 | -2,794 | -5,871 | -2,823 | 20,834 | -2,520 | 9,240 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | -9,831 | 9,831 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -9,831 | 9,831 |
mo event furniture limited Credit Report and Business Information
Mo Event Furniture Limited Competitor Analysis
Perform a competitor analysis for mo event furniture limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in DL6 area or any other competitors across 12 key performance metrics.
mo event furniture limited Ownership
MO EVENT FURNITURE LIMITED group structure
Mo Event Furniture Limited has no subsidiary companies.
Ultimate parent company
MO EVENT FURNITURE LIMITED
10337692
mo event furniture limited directors
Mo Event Furniture Limited currently has 1 director, Mr Michael Acklam-Hall serving since Aug 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Acklam-Hall | United Kingdom | 47 years | Aug 2016 | - | Director |
P&L
August 2023turnover
232.3k
+6%
operating profit
5.6k
0%
gross margin
23.8%
-2.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
12.8k
+0.49%
total assets
62.9k
+0.12%
cash
0
0%
net assets
Total assets minus all liabilities
mo event furniture limited company details
company number
10337692
Type
Private limited with Share Capital
industry
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
46150 - Agents involved in the sale of furniture, household goods, hardware and ironmongery
46470 - Wholesale of furniture, carpets and lighting equipment
incorporation date
August 2016
age
8
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
woodhaven goulton lane, potto, northallerton, DL6 3HP
accountant
-
auditor
-
mo event furniture 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 mo event furniture limited.
mo event furniture limited Companies House Filings - See Documents
| date | description | view/download |
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