15mb ltd.
15mb ltd. Company Information
Company Number
10712197
Website
-Registered Address
1 armadale road, woking, surrey, GU21 3LB
Industry
Management consultancy activities (other than financial management)
Telephone
01483834631
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
david birch 51%
hara birch 49%
15mb ltd. Estimated Valuation
Pomanda estimates the enterprise value of 15MB LTD. at £43k based on a Turnover of £99.4k and 0.43x industry multiple (adjusted for size and gross margin).
15mb ltd. Estimated Valuation
Pomanda estimates the enterprise value of 15MB LTD. at £3.4k based on an EBITDA of £1.1k and a 3.24x industry multiple (adjusted for size and gross margin).
15mb ltd. Estimated Valuation
Pomanda estimates the enterprise value of 15MB LTD. at £494 based on Net Assets of £567 and 0.87x industry multiple (adjusted for liquidity).
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15mb Ltd. Overview
15mb Ltd. is a live company located in surrey, GU21 3LB with a Companies House number of 10712197. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in April 2017, it's largest shareholder is david birch with a 51% stake. 15mb Ltd. is a young, micro sized company, Pomanda has estimated its turnover at £99.4k with rapid growth in recent years.
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15mb Ltd. Health Check
Pomanda's financial health check has awarded 15Mb Ltd. a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £99.4k, make it smaller than the average company (£299.4k)
- 15mb Ltd.
£299.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (5.6%)
- 15mb Ltd.
5.6% - Industry AVG
Production
with a gross margin of 25.4%, this company has a higher cost of product (54.5%)
- 15mb Ltd.
54.5% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (9.1%)
- 15mb Ltd.
9.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - 15mb Ltd.
4 - Industry AVG
Pay Structure
on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)
- 15mb Ltd.
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £49.7k, this is less efficient (£106.6k)
- 15mb Ltd.
£106.6k - Industry AVG
Debtor Days
it gets paid by customers after 167 days, this is later than average (74 days)
- 15mb Ltd.
74 days - Industry AVG
Creditor Days
its suppliers are paid after 137 days, this is slower than average (27 days)
- 15mb Ltd.
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 15mb Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 15mb Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.9%, this is a higher level of debt than the average (54.8%)
98.9% - 15mb Ltd.
54.8% - Industry AVG
15MB LTD. financials
15Mb Ltd.'s latest turnover from March 2023 is estimated at £99.4 thousand and the company has net assets of £567. According to their latest financial statements, 15Mb Ltd. has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 5,726 | 5,826 | 8,686 | 7,527 | 7,566 | 4,091 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,726 | 5,826 | 8,686 | 7,527 | 7,566 | 4,091 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 45,529 | 74,224 | 0 | 3,511 | 0 | 9,091 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 144 | 0 | 55,698 | 14,805 | 6,853 | 1,597 |
| Cash | 0 | 0 | 14,830 | 3,076 | 10,153 | 21,345 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 45,673 | 74,224 | 70,528 | 21,392 | 17,006 | 32,033 |
| total assets | 51,399 | 80,050 | 79,214 | 28,919 | 24,572 | 36,124 |
| Bank overdraft | 0 | 0 | 7,400 | 2,859 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 27,995 | 44,550 | 22 | 560 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 50,774 | 51,095 | 32,420 | 25,645 |
| total current liabilities | 27,995 | 44,550 | 58,196 | 54,514 | 32,420 | 25,645 |
| loans | 21,567 | 31,567 | 42,500 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,270 | 1,700 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 1,650 | 2,796 | 1,438 | 0 |
| total long term liabilities | 22,837 | 33,267 | 44,150 | 2,796 | 1,438 | 0 |
| total liabilities | 50,832 | 77,817 | 102,346 | 57,310 | 33,858 | 25,645 |
| net assets | 567 | 2,233 | -23,132 | -28,391 | -9,286 | 10,479 |
| total shareholders funds | 567 | 2,233 | -23,132 | -28,391 | -9,286 | 10,479 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 5,535 | 8,295 | 7,189 | 4,806 | 2,045 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -28,551 | 18,526 | 37,382 | 11,463 | -3,835 | 10,688 |
| Creditors | -16,555 | 44,528 | -538 | 560 | 0 | 0 |
| Accruals and Deferred Income | -430 | -49,074 | -321 | 18,675 | 6,775 | 25,645 |
| Deferred Taxes & Provisions | 0 | -1,650 | -1,146 | 1,358 | 1,438 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,000 | -10,933 | 42,500 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | -14,830 | 11,754 | -7,077 | -11,192 | 21,345 |
| overdraft | 0 | -7,400 | 4,541 | 2,859 | 0 | 0 |
| change in cash | 0 | -7,430 | 7,213 | -9,936 | -11,192 | 21,345 |
15mb ltd. Credit Report and Business Information
15mb Ltd. Competitor Analysis
Perform a competitor analysis for 15mb ltd. by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in GU21 area or any other competitors across 12 key performance metrics.
15mb ltd. Ownership
15MB LTD. group structure
15Mb Ltd. has no subsidiary companies.
Ultimate parent company
15MB LTD.
10712197
15mb ltd. directors
15Mb Ltd. currently has 2 directors. The longest serving directors include Mrs Hara Birch (Apr 2017) and Mr David Birch (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Hara Birch | United Kingdom | 60 years | Apr 2017 | - | Director |
| Mr David Birch | 65 years | Apr 2017 | - | Director |
P&L
March 2023turnover
99.4k
-25%
operating profit
1.1k
0%
gross margin
25.5%
+1.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
567
-0.75%
total assets
51.4k
-0.36%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
15mb ltd. company details
company number
10712197
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
April 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
dgwbirch limited (February 2018)
last accounts submitted
March 2023
address
1 armadale road, woking, surrey, GU21 3LB
accountant
ACCOUNTING CLARK LIMITED
auditor
-
15mb 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 did not find charges/mortgages relating to 15mb ltd..
15mb ltd. Companies House Filings - See Documents
| date | description | view/download |
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