me teen spirit limited
me teen spirit limited Company Information
Company Number
10622360
Website
http://mistersmithent.comRegistered Address
85 charing cross road, london, WC2H 0AA
Industry
Motion picture distribution activities
Telephone
02074941724
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
mister smith entertainment limited 100%
me teen spirit limited Estimated Valuation
Pomanda estimates the enterprise value of ME TEEN SPIRIT LIMITED at £1.1m based on a Turnover of £1.6m and 0.7x industry multiple (adjusted for size and gross margin).
me teen spirit limited Estimated Valuation
Pomanda estimates the enterprise value of ME TEEN SPIRIT LIMITED at £0 based on an EBITDA of £-2.4m and a 2.81x industry multiple (adjusted for size and gross margin).
me teen spirit limited Estimated Valuation
Pomanda estimates the enterprise value of ME TEEN SPIRIT LIMITED at £0 based on Net Assets of £-505k and 2.9x industry multiple (adjusted for liquidity).
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Me Teen Spirit Limited Overview
Me Teen Spirit Limited is a dissolved company that was located in london, WC2H 0AA with a Companies House number of 10622360. It operated in the motion picture distribution activities sector, SIC Code 59131. Founded in February 2017, it's largest shareholder was mister smith entertainment limited with a 100% stake. The last turnover for Me Teen Spirit Limited was estimated at £1.6m.
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Me Teen Spirit Limited Health Check
Pomanda's financial health check has awarded Me Teen Spirit Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
8 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£5m)
- Me Teen Spirit Limited
£5m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (-5.7%)
- Me Teen Spirit Limited
-5.7% - Industry AVG
Production
with a gross margin of 31.9%, this company has a comparable cost of product (31.9%)
- Me Teen Spirit Limited
31.9% - Industry AVG
Profitability
an operating margin of -157.2% make it less profitable than the average company (3.1%)
- Me Teen Spirit Limited
3.1% - Industry AVG
Employees
with 9 employees, this is below the industry average (20)
9 - Me Teen Spirit Limited
20 - Industry AVG
Pay Structure
on an average salary of £85.4k, the company has an equivalent pay structure (£75.5k)
£85.4k - Me Teen Spirit Limited
£75.5k - Industry AVG
Efficiency
resulting in sales per employee of £175.8k, this is less efficient (£356k)
- Me Teen Spirit Limited
£356k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (42 days)
- Me Teen Spirit Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (38 days)
- Me Teen Spirit Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Me Teen Spirit Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (6 weeks)
2 weeks - Me Teen Spirit Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 137.8%, this is a higher level of debt than the average (66.5%)
137.8% - Me Teen Spirit Limited
66.5% - Industry AVG
ME TEEN SPIRIT LIMITED financials
Me Teen Spirit Limited's latest turnover from December 2022 is estimated at £1.6 million and the company has net assets of -£505 thousand. According to their latest financial statements, Me Teen Spirit Limited has 9 employees and maintains cash reserves of £30.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Turnover | 4,101,622 | 13,168 | 109,339 | |||
| Other Income Or Grants | 0 | 0 | 0 | |||
| Cost Of Sales | 344,556 | 13,168 | 109,339 | |||
| Gross Profit | 3,757,066 | 0 | 0 | |||
| Admin Expenses | 3,005,119 | 4,774 | 154,338 | |||
| Operating Profit | 751,947 | -4,774 | -154,338 | |||
| Interest Payable | 76,057 | 196,357 | 83,155 | |||
| Interest Receivable | 0 | 0 | 0 | |||
| Pre-Tax Profit | 675,890 | -201,131 | -237,493 | |||
| Tax | 0 | 0 | 0 | |||
| Profit After Tax | 675,890 | -201,131 | -237,493 | |||
| Dividends Paid | 0 | 0 | 0 | |||
| Retained Profit | 675,890 | -201,131 | -237,493 | |||
| Employee Costs | 768,871 | |||||
| Number Of Employees | 9 | |||||
| EBITDA* | 3,200,997 | -4,774 | -154,338 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,485,340 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2,801 | 0 | 0 | 0 | 2,547,139 | 2,494,374 |
| Investments & Other | 100 | 100 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 740,069 | 385,113 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 748,072 | 390,416 | 0 | 0 | 2,547,139 | 2,494,374 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 199,138 | 35,582 | 54,622 | 54,256 | 0 | 0 |
| Group Debtors | 0 | 0 | 420,784 | 0 | 0 | 0 |
| Misc Debtors | 358,386 | 396,240 | 50,537 | 383,995 | 10,493 | 200,290 |
| Cash | 30,810 | 50,606 | 903 | 122,431 | 100,934 | 312 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 588,334 | 35,992 | 526,846 | 560,682 | 111,427 | 200,602 |
| total assets | 1,336,406 | 426,408 | 526,846 | 560,682 | 2,658,566 | 2,694,976 |
| Bank overdraft | 0 | 0 | 0 | 79 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 26,228 | 1,408 | 0 | 1,066 | 5,402 | 0 |
| Group/Directors Accounts | 0 | 196,032 | 0 | 0 | 0 | 0 |
| other short term finances | 420,193 | 1,012,310 | 0 | 0 | 2,432,753 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 173,984 | 446,600 | 367,332 | 431,739 | 668,406 | 506,640 |
| total current liabilities | 620,405 | 244,681 | 367,332 | 432,884 | 3,106,561 | 506,640 |
| loans | 2,442,008 | 569,778 | 0 | 0 | 0 | 4,657,174 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,221,004 | 284,889 | 0 | 0 | 0 | 2,328,587 |
| total liabilities | 1,841,409 | 529,570 | 367,332 | 432,884 | 3,106,561 | 2,835,227 |
| net assets | -505,003 | -103,162 | 159,514 | 127,798 | -447,995 | -140,251 |
| total shareholders funds | -505,003 | -208,689 | 159,514 | 127,798 | -447,995 | -140,251 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 751,947 | -4,774 | -154,338 | |||
| Depreciation | 96,571 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 2,449,050 | 0 | |
| Tax | 0 | 0 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 86,009 | 685,641 | 87,692 | 427,758 | -189,797 | 200,290 |
| Creditors | 24,820 | 1,408 | -1,066 | -4,336 | 5,402 | 0 |
| Accruals and Deferred Income | -272,616 | 79,268 | -64,407 | -236,667 | 161,766 | 506,640 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,532,236 | 152,012 | ||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 100 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -196,032 | 196,032 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -592,117 | 1,012,310 | 0 | -2,432,753 | 2,432,753 | 0 |
| Long term loans | 1,872,230 | 569,778 | 0 | 0 | -4,657,174 | 4,657,174 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -76,057 | -196,357 | -83,155 | |||
| cash flow from financing | -2,608,907 | -2,527,391 | 4,671,261 | |||
| cash and cash equivalents | ||||||
| cash | -19,796 | 49,703 | -121,528 | 21,497 | 100,622 | 312 |
| overdraft | 0 | 0 | -79 | 79 | 0 | 0 |
| change in cash | -19,796 | 49,703 | -121,449 | 21,418 | 100,622 | 312 |
me teen spirit limited Credit Report and Business Information
Me Teen Spirit Limited Competitor Analysis
Perform a competitor analysis for me teen spirit limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in WC2H area or any other competitors across 12 key performance metrics.
me teen spirit limited Ownership
ME TEEN SPIRIT LIMITED group structure
Me Teen Spirit Limited has no subsidiary companies.
Ultimate parent company
1 parent
ME TEEN SPIRIT LIMITED
10622360
me teen spirit limited directors
Me Teen Spirit Limited currently has 2 directors. The longest serving directors include Mr David Garrett (Feb 2017) and Mr David Mepham (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Garrett | United Kingdom | 65 years | Feb 2017 | - | Director |
| Mr David Mepham | England | 47 years | Oct 2019 | - | Director |
P&L
December 2022turnover
1.6m
+1003%
operating profit
-2.5m
0%
gross margin
32%
+9.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-505k
+3.9%
total assets
1.3m
+2.13%
cash
30.8k
-0.39%
net assets
Total assets minus all liabilities
me teen spirit limited company details
company number
10622360
Type
Private limited with Share Capital
industry
59131 - Motion picture distribution activities
incorporation date
February 2017
age
7
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
85 charing cross road, london, WC2H 0AA
accountant
-
auditor
ARNOLD HILL & CO LLP
me teen spirit 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 me teen spirit limited.
me teen spirit limited Companies House Filings - See Documents
| date | description | view/download |
|---|
