ministry of building innovation
ministry of building innovation Company Information
Group Structure
View All
Industry
Technical and vocational secondary education
+2Registered Address
beacon of light, vaux brewery way, sunderland, SR5 1SN
Website
https://www.mobie.org.ukministry of building innovation Estimated Valuation
Pomanda estimates the enterprise value of MINISTRY OF BUILDING INNOVATION at £123.4k based on a Turnover of £272.7k and 0.45x industry multiple (adjusted for size and gross margin).
ministry of building innovation Estimated Valuation
Pomanda estimates the enterprise value of MINISTRY OF BUILDING INNOVATION at £0 based on an EBITDA of £-6.7k and a 3.46x industry multiple (adjusted for size and gross margin).
ministry of building innovation Estimated Valuation
Pomanda estimates the enterprise value of MINISTRY OF BUILDING INNOVATION at £0 based on Net Assets of £-23.5k and 2.41x industry multiple (adjusted for liquidity).
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Ministry Of Building Innovation Overview
Ministry Of Building Innovation is a live company located in sunderland, SR5 1SN with a Companies House number of 10527810. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2016, it's largest shareholder is unknown. Ministry Of Building Innovation is a young, micro sized company, Pomanda has estimated its turnover at £272.7k with high growth in recent years.
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Ministry Of Building Innovation Health Check
Pomanda's financial health check has awarded Ministry Of Building Innovation a 1.5 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 £272.7k, make it smaller than the average company (£1.5m)
- Ministry Of Building Innovation
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (5.2%)
- Ministry Of Building Innovation
5.2% - Industry AVG
Production
with a gross margin of 26.9%, this company has a higher cost of product (42%)
- Ministry Of Building Innovation
42% - Industry AVG
Profitability
an operating margin of -2.5% make it less profitable than the average company (5.3%)
- Ministry Of Building Innovation
5.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Ministry Of Building Innovation
12 - Industry AVG
Pay Structure
on an average salary of £45k, the company has an equivalent pay structure (£45k)
- Ministry Of Building Innovation
£45k - Industry AVG
Efficiency
resulting in sales per employee of £136.4k, this is equally as efficient (£150.9k)
- Ministry Of Building Innovation
£150.9k - Industry AVG
Debtor Days
it gets paid by customers after 105 days, this is later than average (43 days)
- Ministry Of Building Innovation
43 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ministry Of Building Innovation
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ministry Of Building Innovation
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ministry Of Building Innovation
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 129.9%, this is a higher level of debt than the average (53.3%)
129.9% - Ministry Of Building Innovation
53.3% - Industry AVG
MINISTRY OF BUILDING INNOVATION financials
Ministry Of Building Innovation's latest turnover from December 2023 is estimated at £272.7 thousand and the company has net assets of -£23.5 thousand. According to their latest financial statements, Ministry Of Building Innovation has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 170,152 | 149,338 | 156,752 | 4,846 | 64,788 | 512,165 | |
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | -50 | -40,646 | -23,512 | -199,275 | -151,748 | 399,503 | |
| Tax | |||||||
| Profit After Tax | -50 | -40,646 | -23,512 | -199,275 | -151,748 | 399,503 | |
| Dividends Paid | |||||||
| Retained Profit | -50 | -40,646 | -23,512 | -199,275 | -151,748 | 399,503 | |
| Employee Costs | 33,318 | ||||||
| Number Of Employees | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | |||||||
| Stock & work in progress | |||||||
| Trade Debtors | 78,855 | 7,375 | 30,170 | ||||
| Group Debtors | |||||||
| Misc Debtors | 29,927 | 2,693 | |||||
| Cash | 503 | 6,003 | 39,417 | 65,008 | 268,488 | 472,178 | |
| misc current assets | |||||||
| total current assets | 78,855 | 37,805 | 36,173 | 39,417 | 65,008 | 271,181 | 472,178 |
| total assets | 78,855 | 37,805 | 36,173 | 39,417 | 65,008 | 271,181 | 472,178 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 3,538 | 3,853 | |||||
| Group/Directors Accounts | |||||||
| other short term finances | 20,000 | 20,000 | 55,000 | ||||
| hp & lease commitments | |||||||
| other current liabilities | 29,995 | 27,998 | 14,449 | 16,528 | 23,426 | 17,675 | |
| total current liabilities | 53,533 | 51,851 | 14,449 | 16,528 | 23,426 | 72,675 | |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 102,394 | ||||||
| provisions | |||||||
| total long term liabilities | 102,394 | ||||||
| total liabilities | 102,394 | 53,533 | 51,851 | 14,449 | 16,528 | 23,426 | 72,675 |
| net assets | -23,539 | -15,728 | -15,678 | 24,968 | 48,480 | 247,755 | 399,503 |
| total shareholders funds | -23,539 | -15,728 | -15,678 | 24,968 | 48,480 | 247,755 | 399,503 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 41,553 | 7,132 | 30,170 | -2,693 | 2,693 | ||
| Creditors | -3,538 | -315 | 3,853 | ||||
| Accruals and Deferred Income | -29,995 | 1,997 | 13,549 | -2,079 | -6,898 | 5,751 | 17,675 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | -20,000 | 20,000 | -55,000 | 55,000 | |||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | 102,394 | ||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | 20,000 | -55,000 | 55,000 | ||||
| cash and cash equivalents | |||||||
| cash | -503 | -5,500 | -33,414 | -25,591 | -203,480 | -203,690 | 472,178 |
| overdraft | |||||||
| change in cash | -503 | -5,500 | -33,414 | -25,591 | -203,480 | -203,690 | 472,178 |
ministry of building innovation Credit Report and Business Information
Ministry Of Building Innovation Competitor Analysis
Perform a competitor analysis for ministry of building innovation by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SR5 area or any other competitors across 12 key performance metrics.
ministry of building innovation Ownership
MINISTRY OF BUILDING INNOVATION group structure
Ministry Of Building Innovation has no subsidiary companies.
Ultimate parent company
MINISTRY OF BUILDING INNOVATION
10527810
ministry of building innovation directors
Ministry Of Building Innovation currently has 4 directors. The longest serving directors include Mr George Clarke (Dec 2016) and Ms Mary Parsons (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr George Clarke | England | 50 years | Dec 2016 | - | Director |
| Ms Mary Parsons | United Kingdom | 56 years | Feb 2018 | - | Director |
| Mr Mark Farmer | England | 55 years | Aug 2018 | - | Director |
| Mr Nicholas Riley | England | 45 years | Jan 2022 | - | Director |
P&L
December 2023turnover
272.7k
+60%
operating profit
-6.7k
0%
gross margin
26.9%
-0.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-23.5k
+0.5%
total assets
78.9k
+1.09%
cash
0
-1%
net assets
Total assets minus all liabilities
ministry of building innovation company details
company number
10527810
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
41100 - Development of building projects
85320 - Technical and vocational secondary education
71111 - Architectural activities
incorporation date
December 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
beacon of light, vaux brewery way, sunderland, SR5 1SN
Bank
CLYDESDALE BANK, CLYDESDALE BANK
Legal Advisor
-
ministry of building innovation 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 ministry of building innovation.
ministry of building innovation 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 MINISTRY OF BUILDING INNOVATION. This can take several minutes, an email will notify you when this has completed.
ministry of building innovation Companies House Filings - See Documents
| date | description | view/download |
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