memo & tulip south ockendon development ltd Company Information
Company Number
10686305
Next Accounts
Dec 2025
Directors
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.
+1Registered Address
tulip house , amory tower, 205 marsh wall , canary wharf, london, E14 9TW
Website
-memo & tulip south ockendon development ltd Estimated Valuation
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
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
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
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3 Strong
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1 Regular
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6 Weak
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Size
annual sales of £78.4k, make it smaller than the average company (£665.6k)
- Memo & Tulip South Ockendon Development Ltd
£665.6k - Industry AVG
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Growth
3 year (CAGR) sales growth of 257%, show it is growing at a faster rate (5.5%)
- Memo & Tulip South Ockendon Development Ltd
5.5% - Industry AVG
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Production
with a gross margin of 24.9%, this company has a higher cost of product (66.7%)
- Memo & Tulip South Ockendon Development Ltd
66.7% - Industry AVG
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Profitability
an operating margin of -84.6% make it less profitable than the average company (18.6%)
- Memo & Tulip South Ockendon Development Ltd
18.6% - Industry AVG
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Employees
with 1 employees, this is below the industry average (5)
1 - Memo & Tulip South Ockendon Development Ltd
5 - Industry AVG
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Pay Structure
on an average salary of £36.4k, the company has an equivalent pay structure (£36.4k)
- Memo & Tulip South Ockendon Development Ltd
£36.4k - Industry AVG
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Efficiency
resulting in sales per employee of £78.4k, this is less efficient (£138.9k)
- Memo & Tulip South Ockendon Development Ltd
£138.9k - Industry AVG
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Debtor Days
it gets paid by customers after 0 days, this is earlier than average (38 days)
- Memo & Tulip South Ockendon Development Ltd
38 days - Industry AVG
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Creditor Days
its suppliers are paid after 1482 days, this is slower than average (34 days)
- Memo & Tulip South Ockendon Development Ltd
34 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- Memo & Tulip South Ockendon Development Ltd
- - Industry AVG
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Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Memo & Tulip South Ockendon Development Ltd
- - Industry AVG
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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
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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 House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
---|---|---|---|---|---|---|---|
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 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 2,207,593 | 2,207,593 | 2,207,593 | 2,207,593 | 2,207,593 | 1,766,329 | |
Intangible Assets | |||||||
Investments & Other | |||||||
Debtors (Due After 1 year) | |||||||
Total Fixed Assets | 2,207,593 | 2,207,593 | 2,207,593 | 2,207,593 | 2,207,593 | 1,766,329 | |
Stock & work in progress | |||||||
Trade Debtors | 86 | 157 | 273 | 10 | 100 | ||
Group Debtors | |||||||
Misc Debtors | |||||||
Cash | |||||||
misc current assets | |||||||
total current assets | 86 | 157 | 273 | 10 | 100 | ||
total assets | 2,207,679 | 2,207,750 | 2,207,866 | 2,207,603 | 2,207,593 | 1,766,429 | |
Bank overdraft | |||||||
Bank loan | |||||||
Trade Creditors | 239,274 | 174,229 | 174,229 | 5,500 | |||
Group/Directors Accounts | |||||||
other short term finances | |||||||
hp & lease commitments | |||||||
other current liabilities | |||||||
total current liabilities | 239,274 | 174,229 | 174,229 | 5,500 | |||
loans | |||||||
hp & lease commitments | |||||||
Accruals and Deferred Income | 4,826 | 3,613 | 2,413 | 1,800 | 1,200 | 600 | |
other liabilities | 2,628,188 | 2,628,188 | 2,628,405 | 2,608,368 | 2,608,368 | 1,942,757 | |
provisions | |||||||
total long term liabilities | 2,633,014 | 2,631,801 | 2,630,818 | 2,610,168 | 2,609,568 | 1,943,357 | |
total liabilities | 2,872,288 | 2,806,030 | 2,805,047 | 2,615,668 | 2,609,568 | 1,943,357 | |
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 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | |||||||
Amortisation | |||||||
Tax | |||||||
Stock | |||||||
Debtors | -71 | -116 | 263 | 10 | -100 | 100 | |
Creditors | 65,045 | 168,729 | 5,500 | ||||
Accruals and Deferred Income | 1,213 | 1,200 | 613 | 600 | 600 | 600 | |
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 | |||||||
Long term loans | |||||||
Hire Purchase and Lease Commitments | |||||||
other long term liabilities | -217 | 20,037 | 665,611 | 1,942,757 | |||
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | |||||||
overdraft | |||||||
change in cash |
memo & tulip south ockendon development ltd Credit Report and Business Information
Memo & Tulip South Ockendon Development Ltd Competitor Analysis
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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 directors
Memo & Tulip South Ockendon Development Ltd currently has 1 director, Mrs Nikkita Mahajan serving since Mar 2019.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Nikkita Mahajan | England | 41 years | Mar 2019 | - | Director |
P&L
March 2024turnover
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 2024net 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
date | description | view/download |
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