mjett limited
mjett limited Company Information
Group Structure
View All
Industry
Buying and selling of own real estate
+1Registered Address
25 bexhill road, st. leonards-on-sea, TN38 0AH
Website
-mjett limited Estimated Valuation
Pomanda estimates the enterprise value of MJETT LIMITED at £802.5k based on a Turnover of £363.3k and 2.21x industry multiple (adjusted for size and gross margin).
mjett limited Estimated Valuation
Pomanda estimates the enterprise value of MJETT LIMITED at £1.1m based on an EBITDA of £238.7k and a 4.55x industry multiple (adjusted for size and gross margin).
mjett limited Estimated Valuation
Pomanda estimates the enterprise value of MJETT LIMITED at £258.2k based on Net Assets of £153.4k and 1.68x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mjett Limited Overview
Mjett Limited is a live company located in st. leonards-on-sea, TN38 0AH with a Companies House number of 10342983. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2016, it's largest shareholder is mehtap djemal with a 100% stake. Mjett Limited is a young, micro sized company, Pomanda has estimated its turnover at £363.3k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mjett Limited Health Check
Pomanda's financial health check has awarded Mjett Limited a 4 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
4 Strong
2 Regular
4 Weak
Size
annual sales of £363.3k, make it smaller than the average company (£841.6k)
- Mjett Limited
£841.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 78%, show it is growing at a faster rate (2.6%)
- Mjett Limited
2.6% - Industry AVG
Production
with a gross margin of 28.2%, this company has a higher cost of product (70.8%)
- Mjett Limited
70.8% - Industry AVG
Profitability
an operating margin of 65.7% make it more profitable than the average company (26.1%)
- Mjett Limited
26.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Mjett Limited
4 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
- Mjett Limited
£33k - Industry AVG
Efficiency
resulting in sales per employee of £363.3k, this is more efficient (£182.7k)
- Mjett Limited
£182.7k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is near the average (29 days)
- Mjett Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 1459 days, this is slower than average (34 days)
- Mjett Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mjett Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mjett Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.1%, this is a higher level of debt than the average (66%)
95.1% - Mjett Limited
66% - Industry AVG
MJETT LIMITED financials
Mjett Limited's latest turnover from August 2023 is estimated at £363.3 thousand and the company has net assets of £153.4 thousand. According to their latest financial statements, Mjett 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 | 1 | 1 | 1 | 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 | 3,099,885 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 1,981,088 | 1,199,902 | 687,111 | 303,909 | 303,909 | 303,909 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,099,885 | 1,981,088 | 1,199,902 | 687,111 | 303,909 | 303,909 | 303,909 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 23,899 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 10,348 | 13,720 | 0 | 0 |
| Cash | 0 | 107,388 | 6,280 | 2,461 | 19,358 | 8,087 | 580 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 23,899 | 107,388 | 6,280 | 12,809 | 33,078 | 8,087 | 580 |
| total assets | 3,123,784 | 2,088,476 | 1,206,182 | 699,920 | 336,987 | 311,996 | 304,489 |
| Bank overdraft | 0 | 0 | 0 | 6,583 | 8,126 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,042,371 | 816,290 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 265,339 | 239,920 | 304,495 | 0 |
| other short term finances | 0 | 0 | 7,984 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 452,775 | 47,823 | 1,385 | 1,235 | 306,126 |
| total current liabilities | 1,042,371 | 816,290 | 460,759 | 319,745 | 249,431 | 305,730 | 306,126 |
| loans | 0 | 1,024,510 | 705,803 | 345,608 | 79,328 | 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 | 1,928,000 | 38,815 | 4,957 | 4,957 | 0 | 0 | 0 |
| total long term liabilities | 1,928,000 | 1,063,325 | 710,760 | 350,565 | 79,328 | 0 | 0 |
| total liabilities | 2,970,371 | 1,879,615 | 1,171,519 | 670,310 | 328,759 | 305,730 | 306,126 |
| net assets | 153,413 | 208,861 | 34,663 | 29,610 | 8,228 | 6,266 | -1,637 |
| total shareholders funds | 153,413 | 208,861 | 34,663 | 29,610 | 8,228 | 6,266 | -1,637 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 23,899 | 0 | -10,348 | -3,372 | 13,720 | 0 | 0 |
| Creditors | 226,081 | 816,290 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | -452,775 | 404,952 | 46,438 | 150 | -304,891 | 306,126 |
| Deferred Taxes & Provisions | 1,889,185 | 33,858 | 0 | 4,957 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -1,981,088 | 781,186 | 512,791 | 383,202 | 0 | 0 | 303,909 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -265,339 | 25,419 | -64,575 | 304,495 | 0 |
| Other Short Term Loans | 0 | -7,984 | 7,984 | 0 | 0 | 0 | 0 |
| Long term loans | -1,024,510 | 318,707 | 360,195 | 266,280 | 79,328 | 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 | -107,388 | 101,108 | 3,819 | -16,897 | 11,271 | 7,507 | 580 |
| overdraft | 0 | 0 | -6,583 | -1,543 | 8,126 | 0 | 0 |
| change in cash | -107,388 | 101,108 | 10,402 | -15,354 | 3,145 | 7,507 | 580 |
mjett limited Credit Report and Business Information
Mjett Limited Competitor Analysis
Perform a competitor analysis for mjett limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in TN38 area or any other competitors across 12 key performance metrics.
mjett limited Ownership
MJETT LIMITED group structure
Mjett Limited has no subsidiary companies.
Ultimate parent company
MJETT LIMITED
10342983
mjett limited directors
Mjett Limited currently has 1 director, Mrs Mehtap Djemal serving since Aug 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Mehtap Djemal | England | 66 years | Aug 2016 | - | Director |
P&L
August 2023turnover
363.3k
-24%
operating profit
238.7k
0%
gross margin
28.3%
+0.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
153.4k
-0.27%
total assets
3.1m
+0.5%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
mjett limited company details
company number
10342983
Type
Private limited with Share Capital
industry
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
August 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
25 bexhill road, st. leonards-on-sea, TN38 0AH
Bank
-
Legal Advisor
-
mjett 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 18 charges/mortgages relating to mjett limited. Currently there are 18 open charges and 0 have been satisfied in the past.
mjett 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 MJETT LIMITED. This can take several minutes, an email will notify you when this has completed.
mjett limited Companies House Filings - See Documents
| date | description | view/download |
|---|
