melt inc limited
melt inc limited Company Information
Company Number
10816051
Registered Address
10 milton court, ravenshead, nottingham, nottinghamshire, NG15 9BD
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
lee hacker 89.9%
tracy louise waller 10%
View Allmelt inc limited Estimated Valuation
Pomanda estimates the enterprise value of MELT INC LIMITED at £3.9m based on a Turnover of £1.6m and 2.37x industry multiple (adjusted for size and gross margin).
melt inc limited Estimated Valuation
Pomanda estimates the enterprise value of MELT INC LIMITED at £968k based on an EBITDA of £193.1k and a 5.01x industry multiple (adjusted for size and gross margin).
melt inc limited Estimated Valuation
Pomanda estimates the enterprise value of MELT INC LIMITED at £1.4m based on Net Assets of £1.4m and 0.99x industry multiple (adjusted for liquidity).
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Melt Inc Limited Overview
Melt Inc Limited is a live company located in nottingham, NG15 9BD with a Companies House number of 10816051. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2017, it's largest shareholder is lee hacker with a 89.9% stake. Melt Inc Limited is a young, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.
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Melt Inc Limited Health Check
Pomanda's financial health check has awarded Melt Inc Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.6m, make it larger than the average company (£837k)
- Melt Inc Limited
£837k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (2.3%)
- Melt Inc Limited
2.3% - Industry AVG
Production
with a gross margin of 30%, this company has a higher cost of product (73%)
- Melt Inc Limited
73% - Industry AVG
Profitability
an operating margin of 11.8% make it less profitable than the average company (27.1%)
- Melt Inc Limited
27.1% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
- Melt Inc Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Melt Inc Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £409.1k, this is more efficient (£183.2k)
- Melt Inc Limited
£183.2k - Industry AVG
Debtor Days
it gets paid by customers after 105 days, this is later than average (32 days)
- Melt Inc Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (36 days)
- Melt Inc Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Melt Inc Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Melt Inc Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.3%, this is a lower level of debt than the average (67.5%)
0.3% - Melt Inc Limited
67.5% - Industry AVG
MELT INC LIMITED financials
Melt Inc Limited's latest turnover from June 2023 is estimated at £1.6 million and the company has net assets of £1.4 million. According to their latest financial statements, we estimate that Melt Inc Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 914,430 | 554,510 | 544,768 | 546,511 | 567,105 | 552,903 |
| 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 | 914,430 | 554,510 | 544,768 | 546,511 | 567,105 | 552,903 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 472,201 | 689,758 | 564,465 | 555,110 | 179,541 | 210,510 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 472,201 | 689,758 | 564,465 | 555,110 | 179,541 | 210,510 |
| total assets | 1,386,631 | 1,244,268 | 1,109,233 | 1,101,621 | 746,646 | 763,413 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,172 | 5,734 | 2,379 | 2,993 | 2,694 | 934 |
| 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 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,172 | 5,734 | 2,379 | 2,993 | 2,694 | 934 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 849 | 780 | 780 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 849 | 780 | 780 | 0 | 0 | 0 |
| total liabilities | 4,021 | 6,514 | 3,159 | 2,993 | 2,694 | 934 |
| net assets | 1,382,610 | 1,237,754 | 1,106,074 | 1,098,628 | 743,952 | 762,479 |
| total shareholders funds | 1,382,610 | 1,237,754 | 1,106,074 | 1,098,628 | 743,952 | 762,479 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -217,557 | 125,293 | 9,355 | 375,569 | -30,969 | 210,510 |
| Creditors | -2,562 | 3,355 | -614 | 299 | 1,760 | 934 |
| Accruals and Deferred Income | 69 | 0 | 780 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
melt inc limited Credit Report and Business Information
Melt Inc Limited Competitor Analysis
Perform a competitor analysis for melt inc limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NG15 area or any other competitors across 12 key performance metrics.
melt inc limited Ownership
MELT INC LIMITED group structure
Melt Inc Limited has 1 subsidiary company.
melt inc limited directors
Melt Inc Limited currently has 2 directors. The longest serving directors include Mr Lee Hacker (Jun 2017) and Ms Tracy Waller (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lee Hacker | England | 51 years | Jun 2017 | - | Director |
| Ms Tracy Waller | England | 52 years | Aug 2017 | - | Director |
P&L
June 2023turnover
1.6m
-30%
operating profit
193.1k
0%
gross margin
30%
+5.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.4m
+0.12%
total assets
1.4m
+0.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
melt inc limited company details
company number
10816051
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.
incorporation date
June 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
10 milton court, ravenshead, nottingham, nottinghamshire, NG15 9BD
accountant
WATSONS KNIPE LTD
auditor
-
melt inc 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 melt inc limited.
melt inc limited Companies House Filings - See Documents
| date | description | view/download |
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