memo & tulip south ockendon development ltd

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memo & tulip south ockendon development ltd Company Information

Share MEMO & TULIP SOUTH OCKENDON DEVELOPMENT LTD

Company Number

10686305

Shareholders

memo & tulip properties ltd

Group Structure

View All

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 +1

Registered Address

tulip house , amory tower, 205 marsh wall , canary wharf, london, E14 9TW

Website

-

memo & tulip south ockendon development ltd Estimated Valuation

£156.7k

Pomanda estimates the enterprise value of MEMO & TULIP SOUTH OCKENDON DEVELOPMENT LTD at £156.7k based on a Turnover of £78.4k and 2x industry multiple (adjusted for size and gross margin).

memo & tulip south ockendon development ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MEMO & TULIP SOUTH OCKENDON DEVELOPMENT LTD at £0 based on an EBITDA of £-66.3k and a 4.76x industry multiple (adjusted for size and gross margin).

memo & tulip south ockendon development ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MEMO & TULIP SOUTH OCKENDON DEVELOPMENT LTD at £0 based on Net Assets of £-664.6k and 1.78x industry multiple (adjusted for liquidity).

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Memo & Tulip South Ockendon Development Ltd Overview

Memo & Tulip South Ockendon Development Ltd is a live company located in london, E14 9TW with a Companies House number of 10686305. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2017, it's largest shareholder is memo & tulip properties ltd with a 100% stake. Memo & Tulip South Ockendon Development Ltd is a young, micro sized company, Pomanda has estimated its turnover at £78.4k with rapid growth in recent years.

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Memo & Tulip South Ockendon Development Ltd Health Check

Pomanda's financial health check has awarded Memo & Tulip South Ockendon Development Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £78.4k, make it smaller than the average company (£665.6k)

£78.4k - Memo & Tulip South Ockendon Development Ltd

£665.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 257%, show it is growing at a faster rate (5.5%)

257% - Memo & Tulip South Ockendon Development Ltd

5.5% - Industry AVG

production

Production

with a gross margin of 24.9%, this company has a higher cost of product (66.7%)

24.9% - Memo & Tulip South Ockendon Development Ltd

66.7% - Industry AVG

profitability

Profitability

an operating margin of -84.6% make it less profitable than the average company (18.6%)

-84.6% - Memo & Tulip South Ockendon Development Ltd

18.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (5)

1 - Memo & Tulip South Ockendon Development Ltd

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.4k, the company has an equivalent pay structure (£36.4k)

£36.4k - Memo & Tulip South Ockendon Development Ltd

£36.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £78.4k, this is less efficient (£138.9k)

£78.4k - Memo & Tulip South Ockendon Development Ltd

£138.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (38 days)

0 days - Memo & Tulip South Ockendon Development Ltd

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1482 days, this is slower than average (34 days)

1482 days - Memo & Tulip South Ockendon Development Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Memo & Tulip South Ockendon Development Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Memo & Tulip South Ockendon Development Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 130.1%, this is a higher level of debt than the average (62.3%)

130.1% - Memo & Tulip South Ockendon Development Ltd

62.3% - Industry AVG

MEMO & TULIP SOUTH OCKENDON DEVELOPMENT LTD financials

EXPORTms excel logo

Memo & Tulip South Ockendon Development Ltd's latest turnover from March 2024 is estimated at £78.4 thousand and the company has net assets of -£664.6 thousand. According to their latest financial statements, Memo & Tulip South Ockendon Development Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover78,39154,13554,7301,727373
Other Income Or Grants
Cost Of Sales58,90540,55741,3391,307278
Gross Profit19,48613,57813,39142094
Admin Expenses85,81514,677202,5076,510224,947177,122
Operating Profit-66,329-1,099-189,116-6,090-224,947-177,028
Interest Payable
Interest Receivable
Pre-Tax Profit-66,329-1,099-189,116-6,090-224,947-177,028
Tax
Profit After Tax-66,329-1,099-189,116-6,090-224,947-177,028
Dividends Paid
Retained Profit-66,329-1,099-189,116-6,090-224,947-177,028
Employee Costs36,39934,85733,18531,03030,080
Number Of Employees11111
EBITDA*-66,329-1,099-189,116-6,090-224,947-177,028

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets2,207,5932,207,5932,207,5932,207,5932,207,5931,766,329
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,207,5932,207,5932,207,5932,207,5932,207,5931,766,329
Stock & work in progress
Trade Debtors8615727310100
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets8615727310100
total assets2,207,6792,207,7502,207,8662,207,6032,207,5931,766,429
Bank overdraft
Bank loan
Trade Creditors 239,274174,229174,2295,500
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities239,274174,229174,2295,500
loans
hp & lease commitments
Accruals and Deferred Income4,8263,6132,4131,8001,200600
other liabilities2,628,1882,628,1882,628,4052,608,3682,608,3681,942,757
provisions
total long term liabilities2,633,0142,631,8012,630,8182,610,1682,609,5681,943,357
total liabilities2,872,2882,806,0302,805,0472,615,6682,609,5681,943,357
net assets-664,609-598,280-597,181-408,065-401,975-176,928
total shareholders funds-664,609-598,280-597,181-408,065-401,975-176,928
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit-66,329-1,099-189,116-6,090-224,947-177,028
Depreciation
Amortisation
Tax
Stock
Debtors-71-11626310-100100
Creditors65,045168,7295,500
Accruals and Deferred Income1,2131,200613600600600
Deferred Taxes & Provisions
Cash flow from operations217-20,037-224,247-176,528
Investing Activities
capital expenditure-441,264-1,766,329
Change in Investments
cash flow from investments-441,264-1,766,329
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-21720,037665,6111,942,757
share issue-100100
interest
cash flow from financing-21720,037665,5111,942,857
cash and cash equivalents
cash
overdraft
change in cash

memo & tulip south ockendon development ltd 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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Memo & Tulip South Ockendon Development Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for memo & tulip south ockendon development ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in E14 area or any other competitors across 12 key performance metrics.

memo & tulip south ockendon development ltd Ownership

MEMO & TULIP SOUTH OCKENDON DEVELOPMENT LTD group structure

Memo & Tulip South Ockendon Development Ltd has no subsidiary companies.

Ultimate parent company

1 parent

MEMO & TULIP SOUTH OCKENDON DEVELOPMENT LTD

10686305

MEMO & TULIP SOUTH OCKENDON DEVELOPMENT LTD Shareholders

memo & tulip properties ltd 100%

memo & tulip south ockendon development ltd directors

Memo & Tulip South Ockendon Development Ltd currently has 1 director, Mrs Nikkita Mahajan serving since Mar 2019.

officercountryagestartendrole
Mrs Nikkita MahajanEngland41 years Mar 2019- Director

P&L

March 2024

turnover

78.4k

+45%

operating profit

-66.3k

0%

gross margin

24.9%

-0.89%

turnover

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

Balance Sheet

March 2024

net assets

-664.6k

+0.11%

total assets

2.2m

0%

cash

0

0%

net assets

Total assets minus all liabilities

memo & tulip south ockendon development ltd company details

company number

10686305

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

68320 - Management of real estate on a fee or contract basis

incorporation date

March 2017

age

8

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

tulip house , amory tower, 205 marsh wall , canary wharf, london, E14 9TW

Bank

-

Legal Advisor

-

memo & tulip south ockendon development ltd 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 13 charges/mortgages relating to memo & tulip south ockendon development ltd. Currently there are 5 open charges and 8 have been satisfied in the past.

memo & tulip south ockendon development ltd 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 MEMO & TULIP SOUTH OCKENDON DEVELOPMENT LTD. This can take several minutes, an email will notify you when this has completed.

memo & tulip south ockendon development ltd Companies House Filings - See Documents

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