mb web studios limited
mb web studios limited Company Information
Company Number
10340493
Next Accounts
Dec 2024
Industry
Business and domestic software development
Directors
Shareholders
mrs victoria baxter
mr mathew baxter
Group Structure
View All
Contact
Registered Address
5 bacchus gardens, leighton buzzard, bedfordshire, LU7 9SA
Website
-mb web studios limited Estimated Valuation
Pomanda estimates the enterprise value of MB WEB STUDIOS LIMITED at £43k based on a Turnover of £63.5k and 0.68x industry multiple (adjusted for size and gross margin).
mb web studios limited Estimated Valuation
Pomanda estimates the enterprise value of MB WEB STUDIOS LIMITED at £0 based on an EBITDA of £-377 and a 4.16x industry multiple (adjusted for size and gross margin).
mb web studios limited Estimated Valuation
Pomanda estimates the enterprise value of MB WEB STUDIOS LIMITED at £1.5k based on Net Assets of £631 and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mb Web Studios Limited Overview
Mb Web Studios Limited is a dissolved company that was located in bedfordshire, LU7 9SA with a Companies House number of 10340493. It operated in the business and domestic software development sector, SIC Code 62012. Founded in August 2016, it's largest shareholder was mrs victoria baxter with a 50% stake. The last turnover for Mb Web Studios Limited was estimated at £63.5k.
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Mb Web Studios Limited Health Check
Pomanda's financial health check has awarded Mb Web Studios Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £63.5k, make it smaller than the average company (£1.4m)
- Mb Web Studios Limited
£1.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mb Web Studios Limited
- - Industry AVG
Production
with a gross margin of 42.3%, this company has a higher cost of product (74.4%)
- Mb Web Studios Limited
74.4% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (5.5%)
- Mb Web Studios Limited
5.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (32)
2 - Mb Web Studios Limited
32 - Industry AVG
Pay Structure
on an average salary of £59.4k, the company has an equivalent pay structure (£59.4k)
- Mb Web Studios Limited
£59.4k - Industry AVG
Efficiency
resulting in sales per employee of £31.8k, this is less efficient (£103.8k)
- Mb Web Studios Limited
£103.8k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (69 days)
- Mb Web Studios Limited
69 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is close to average (50 days)
- Mb Web Studios Limited
50 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mb Web Studios Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mb Web Studios Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.4%, this is a higher level of debt than the average (61.1%)
89.4% - Mb Web Studios Limited
61.1% - Industry AVG
MB WEB STUDIOS LIMITED financials
Mb Web Studios Limited's latest turnover from September 2019 is estimated at £63.5 thousand and the company has net assets of £631. According to their latest financial statements, Mb Web Studios Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2019 | Mar 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 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2019 | Mar 2018 | Aug 2017 | |
|---|---|---|---|
| Tangible Assets | 0 | 1,518 | 1,329 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 1,518 | 1,329 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 5,754 | 6,685 | 4,076 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 204 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 13 | 59 |
| total current assets | 5,958 | 6,698 | 4,135 |
| total assets | 5,958 | 8,216 | 5,464 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 4,692 | 5,419 | 4,284 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 4,692 | 5,419 | 4,284 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 635 | 1,789 | 499 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 635 | 1,789 | 499 |
| total liabilities | 5,327 | 7,208 | 4,783 |
| net assets | 631 | 1,008 | 681 |
| total shareholders funds | 631 | 1,008 | 681 |
| Sep 2019 | Mar 2018 | Aug 2017 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -727 | 2,609 | 4,076 |
| Creditors | -727 | 1,135 | 4,284 |
| Accruals and Deferred Income | -1,154 | 1,290 | 499 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
mb web studios limited Credit Report and Business Information
Mb Web Studios Limited Competitor Analysis
Perform a competitor analysis for mb web studios limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in LU7 area or any other competitors across 12 key performance metrics.
mb web studios limited Ownership
MB WEB STUDIOS LIMITED group structure
Mb Web Studios Limited has no subsidiary companies.
Ultimate parent company
MB WEB STUDIOS LIMITED
10340493
mb web studios limited directors
Mb Web Studios Limited currently has 1 director, Mr Mathew Baxter serving since Aug 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mathew Baxter | England | 36 years | Aug 2016 | - | Director |
P&L
September 2019turnover
63.5k
-3%
operating profit
-377
0%
gross margin
42.3%
+2.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2019net assets
631
-0.37%
total assets
6k
-0.27%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
mb web studios limited company details
company number
10340493
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
August 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2019
previous names
thrive lounge digital limited (June 2017)
accountant
ACCOUNTING AND BEYOND
auditor
-
address
5 bacchus gardens, leighton buzzard, bedfordshire, LU7 9SA
Bank
-
Legal Advisor
-
mb web studios 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 mb web studios limited.
mb web studios 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 MB WEB STUDIOS LIMITED. This can take several minutes, an email will notify you when this has completed.
mb web studios limited Companies House Filings - See Documents
| date | description | view/download |
|---|
