3mh paste limited

1

3mh paste limited Company Information

Share 3MH PASTE LIMITED
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Company Number

10489305

Website

-

Registered Address

60 woodhill crescent, mount stewart, kenton, HA3 0LY

Industry

Agents involved in the sale of a variety of goods

 

Telephone

-

Next Accounts Due

August 2025

Group Structure

View All

Directors

Mitul Shah7 Years

Shareholders

mitul shah & heena gudka 100%

3mh paste limited Estimated Valuation

£7.8k

Pomanda estimates the enterprise value of 3MH PASTE LIMITED at £7.8k based on a Turnover of £29.8k and 0.26x industry multiple (adjusted for size and gross margin).

3mh paste limited Estimated Valuation

£0

Pomanda estimates the enterprise value of 3MH PASTE LIMITED at £0 based on an EBITDA of £-5.5k and a 2.7x industry multiple (adjusted for size and gross margin).

3mh paste limited Estimated Valuation

£0

Pomanda estimates the enterprise value of 3MH PASTE LIMITED at £0 based on Net Assets of £-646 and 2.34x industry multiple (adjusted for liquidity).

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3mh Paste Limited Overview

3mh Paste Limited is a live company located in kenton, HA3 0LY with a Companies House number of 10489305. It operates in the agents involved in the sale of a variety of goods sector, SIC Code 46190. Founded in November 2016, it's largest shareholder is mitul shah & heena gudka with a 100% stake. 3mh Paste Limited is a young, micro sized company, Pomanda has estimated its turnover at £29.8k with declining growth in recent years.

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3mh Paste Limited Health Check

Pomanda's financial health check has awarded 3Mh Paste Limited a 1 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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £29.8k, make it smaller than the average company (£2.9m)

£29.8k - 3mh Paste Limited

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -44%, show it is growing at a slower rate (10.6%)

-44% - 3mh Paste Limited

10.6% - Industry AVG

production

Production

with a gross margin of 12.9%, this company has a higher cost of product (24.1%)

12.9% - 3mh Paste Limited

24.1% - Industry AVG

profitability

Profitability

an operating margin of -18.5% make it less profitable than the average company (5.6%)

-18.5% - 3mh Paste Limited

5.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (10)

1 - 3mh Paste Limited

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.7k, the company has an equivalent pay structure (£37.7k)

£37.7k - 3mh Paste Limited

£37.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £29.8k, this is less efficient (£312.2k)

£29.8k - 3mh Paste Limited

£312.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 62 days, this is near the average (53 days)

62 days - 3mh Paste Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 81 days, this is slower than average (22 days)

81 days - 3mh Paste Limited

22 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - 3mh Paste Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - 3mh Paste Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 112.6%, this is a higher level of debt than the average (50.9%)

112.6% - 3mh Paste Limited

50.9% - Industry AVG

3MH PASTE LIMITED financials

EXPORTms excel logo

3Mh Paste Limited's latest turnover from November 2023 is estimated at £29.8 thousand and the company has net assets of -£646. According to their latest financial statements, we estimate that 3Mh Paste Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017
Turnover29,77626,04262,762168,823136,95899,174115,320
Other Income Or Grants0000000
Cost Of Sales25,93122,35752,153139,092110,97188,46498,643
Gross Profit3,8463,68510,60929,73125,98710,71016,676
Admin Expenses9,3517,14644,45619,16319,42811,218-18,882
Operating Profit-5,505-3,461-33,84710,5686,559-50835,558
Interest Payable0000000
Interest Receivable0000000
Pre-Tax Profit-5,505-3,461-33,84710,5686,559-50835,558
Tax000-2,008-1,2460-6,756
Profit After Tax-5,505-3,461-33,8478,5605,313-50828,802
Dividends Paid0000000
Retained Profit-5,505-3,461-33,8478,5605,313-50828,802
Employee Costs37,71039,84934,37137,33141,55042,45835,640
Number Of Employees1111111
EBITDA*-5,505-3,461-33,84710,5686,559-50835,558

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017
Tangible Assets0000897619857
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets0000897619857
Stock & work in progress0000000
Trade Debtors5,1237,80116,55853,76844,28836,45940,597
Group Debtors0000000
Misc Debtors0000000
Cash0000000
misc current assets0000000
total current assets5,1237,80116,55853,76844,28836,45940,597
total assets5,1237,80116,55853,76845,18537,07841,454
Bank overdraft0000000
Bank loan0000000
Trade Creditors 5,7692,9428,23811,60111,5788,78412,652
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities5,7692,9428,23811,60111,5788,78412,652
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions0000000
total long term liabilities0000000
total liabilities5,7692,9428,23811,60111,5788,78412,652
net assets-6464,8598,32042,16733,60728,29428,802
total shareholders funds-6464,8598,32042,16733,60728,29428,802
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017
Operating Activities
Operating Profit-5,505-3,461-33,84710,5686,559-50835,558
Depreciation0000000
Amortisation0000000
Tax000-2,008-1,2460-6,756
Stock0000000
Debtors-2,678-8,757-37,2109,4807,829-4,13840,597
Creditors2,827-5,296-3,363232,794-3,86812,652
Accruals and Deferred Income0000000
Deferred Taxes & Provisions0000000
Cash flow from operations000-897278-238857
Investing Activities
capital expenditure000897-278238-857
Change in Investments0000000
cash flow from investments000897-278238-857
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue0000000
interest0000000
cash flow from financing0000000
cash and cash equivalents
cash0000000
overdraft0000000
change in cash0000000

3mh paste limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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3mh Paste Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for 3mh paste 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 HA3 area or any other competitors across 12 key performance metrics.

3mh paste limited Ownership

3MH PASTE LIMITED group structure

3Mh Paste Limited has no subsidiary companies.

Ultimate parent company

3MH PASTE LIMITED

10489305

3MH PASTE LIMITED Shareholders

mitul shah & heena gudka 100%

3mh paste limited directors

3Mh Paste Limited currently has 1 director, Mr Mitul Shah serving since Nov 2016.

officercountryagestartendrole
Mr Mitul ShahEngland45 years Nov 2016- Director

P&L

November 2023

turnover

29.8k

+14%

operating profit

-5.5k

0%

gross margin

13%

-8.74%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

-646

-1.13%

total assets

5.1k

-0.34%

cash

0

0%

net assets

Total assets minus all liabilities

3mh paste limited company details

company number

10489305

Type

Private limited with Share Capital

industry

46190 - Agents involved in the sale of a variety of goods

incorporation date

November 2016

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

60 woodhill crescent, mount stewart, kenton, HA3 0LY

Bank

-

Legal Advisor

-

3mh paste 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 3mh paste limited.

charges

3mh paste limited Companies House Filings - See Documents

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