mt business solutions limited
mt business solutions limited Company Information
Company Number
10708395
Next Accounts
57 days late
Directors
Shareholders
musa jammeh
taimoor iqbal
Group Structure
View All
Industry
Business and domestic software development
Registered Address
30 churchill place, canary wharf, london, E14 5RE
Website
mtbt.commt business solutions limited Estimated Valuation
Pomanda estimates the enterprise value of MT BUSINESS SOLUTIONS LIMITED at £8k based on a Turnover of £9.4k and 0.85x industry multiple (adjusted for size and gross margin).
mt business solutions limited Estimated Valuation
Pomanda estimates the enterprise value of MT BUSINESS SOLUTIONS LIMITED at £0 based on an EBITDA of £-36.1k and a 5.2x industry multiple (adjusted for size and gross margin).
mt business solutions limited Estimated Valuation
Pomanda estimates the enterprise value of MT BUSINESS SOLUTIONS LIMITED at £99.3k based on Net Assets of £41.8k and 2.38x industry multiple (adjusted for liquidity).
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Mt Business Solutions Limited Overview
Mt Business Solutions Limited is a live company located in london, E14 5RE with a Companies House number of 10708395. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 2017, it's largest shareholder is musa jammeh with a 50% stake. Mt Business Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £9.4k with declining growth in recent years.
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Mt Business Solutions Limited Health Check
Pomanda's financial health check has awarded Mt Business Solutions 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
1 Strong
2 Regular
7 Weak
Size
annual sales of £9.4k, make it smaller than the average company (£3.3m)
- Mt Business Solutions Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -59%, show it is growing at a slower rate (8.5%)
- Mt Business Solutions Limited
8.5% - Industry AVG
Production
with a gross margin of 72.5%, this company has a comparable cost of product (72.5%)
- Mt Business Solutions Limited
72.5% - Industry AVG
Profitability
an operating margin of -385.1% make it less profitable than the average company (3.8%)
- Mt Business Solutions Limited
3.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (30)
- Mt Business Solutions Limited
30 - Industry AVG
Pay Structure
on an average salary of £66.2k, the company has an equivalent pay structure (£66.2k)
- Mt Business Solutions Limited
£66.2k - Industry AVG
Efficiency
resulting in sales per employee of £9.4k, this is less efficient (£111.9k)
- Mt Business Solutions Limited
£111.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mt Business Solutions Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 607 days, this is slower than average (46 days)
- Mt Business Solutions Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mt Business Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (19 weeks)
3 weeks - Mt Business Solutions Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.7%, this is a higher level of debt than the average (61.5%)
80.7% - Mt Business Solutions Limited
61.5% - Industry AVG
MT BUSINESS SOLUTIONS LIMITED financials
Mt Business Solutions Limited's latest turnover from April 2023 is estimated at £9.4 thousand and the company has net assets of £41.8 thousand. According to their latest financial statements, we estimate that Mt Business Solutions Limited has 1 employee and maintains cash reserves of £10.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 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 | 4 | 3 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,201 | 1,201 | 721 | 961 | 825 | |
| Intangible Assets | 5,000 | 5,000 | 5,000 | 181,014 | 390,756 | 142,453 |
| Investments & Other | 200,000 | 200,000 | ||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 206,201 | 206,201 | 5,721 | 181,975 | 391,581 | 142,453 |
| Stock & work in progress | 14,200 | |||||
| Trade Debtors | 1,603 | 3,524 | ||||
| Group Debtors | ||||||
| Misc Debtors | 202,060 | 106,416 | 2,139 | |||
| Cash | 10,581 | 14,373 | 6,739 | 2,366 | 604 | 2,077 |
| misc current assets | 5,661 | 12,885 | ||||
| total current assets | 10,581 | 14,373 | 210,402 | 126,506 | 8,404 | 14,962 |
| total assets | 216,782 | 220,574 | 216,123 | 308,481 | 399,985 | 157,415 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 4,288 | 5,939 | 1,892 | 24,797 | 282,961 | 129,198 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 170,226 | 136,833 | 146,222 | 250,214 | 96,648 | |
| total current liabilities | 174,514 | 142,772 | 148,114 | 275,011 | 379,609 | 129,198 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 480 | 480 | ||||
| provisions | ||||||
| total long term liabilities | 480 | 480 | ||||
| total liabilities | 174,994 | 143,252 | 148,114 | 275,011 | 379,609 | 129,198 |
| net assets | 41,788 | 77,322 | 68,009 | 33,470 | 20,376 | 28,217 |
| total shareholders funds | 41,788 | 77,322 | 68,009 | 33,470 | 20,376 | 28,217 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 240 | 240 | 240 | |||
| Amortisation | ||||||
| Tax | ||||||
| Stock | -14,200 | 14,200 | ||||
| Debtors | -203,663 | 93,723 | 107,801 | 2,139 | ||
| Creditors | -1,651 | 4,047 | -22,905 | -258,164 | 153,763 | 129,198 |
| Accruals and Deferred Income | 33,393 | -9,389 | -103,992 | 153,566 | 96,648 | |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 200,000 | |||||
| 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 | 480 | |||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -3,792 | 7,634 | 4,373 | 1,762 | -1,473 | 2,077 |
| overdraft | ||||||
| change in cash | -3,792 | 7,634 | 4,373 | 1,762 | -1,473 | 2,077 |
mt business solutions limited Credit Report and Business Information
Mt Business Solutions Limited Competitor Analysis
Perform a competitor analysis for mt business solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in E14 area or any other competitors across 12 key performance metrics.
mt business solutions limited Ownership
MT BUSINESS SOLUTIONS LIMITED group structure
Mt Business Solutions Limited has no subsidiary companies.
Ultimate parent company
MT BUSINESS SOLUTIONS LIMITED
10708395
mt business solutions limited directors
Mt Business Solutions Limited currently has 1 director, Mr Taimoor Iqbal serving since Feb 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Taimoor Iqbal | United Kingdom | 41 years | Feb 2018 | - | Director |
P&L
April 2023turnover
9.4k
-17%
operating profit
-36.1k
0%
gross margin
72.5%
-2.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
41.8k
-0.46%
total assets
216.8k
-0.02%
cash
10.6k
-0.26%
net assets
Total assets minus all liabilities
mt business solutions limited company details
company number
10708395
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
April 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
30 churchill place, canary wharf, london, E14 5RE
Bank
-
Legal Advisor
-
mt business solutions 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 mt business solutions limited.
mt business solutions limited 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 MT BUSINESS SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
mt business solutions limited Companies House Filings - See Documents
| date | description | view/download |
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