molendotech limited
molendotech limited Company Information
Company Number
10842089
Website
www.molendotech.comRegistered Address
brixham laboratory, freshwater quarry, brixham, devon, TQ5 8BA
Industry
Other business support service activities n.e.c.
Telephone
441803659203
Next Accounts Due
1 days late
Group Structure
View All
Shareholders
university of plymouth enterprise limited 22.2%
gavin hall 18.8%
View Allmolendotech limited Estimated Valuation
Pomanda estimates the enterprise value of MOLENDOTECH LIMITED at £304.4k based on a Turnover of £528.8k and 0.58x industry multiple (adjusted for size and gross margin).
molendotech limited Estimated Valuation
Pomanda estimates the enterprise value of MOLENDOTECH LIMITED at £296.9k based on an EBITDA of £66k and a 4.5x industry multiple (adjusted for size and gross margin).
molendotech limited Estimated Valuation
Pomanda estimates the enterprise value of MOLENDOTECH LIMITED at £3m based on Net Assets of £1.2m and 2.54x industry multiple (adjusted for liquidity).
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Molendotech Limited Overview
Molendotech Limited is a live company located in brixham, TQ5 8BA with a Companies House number of 10842089. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2017, it's largest shareholder is university of plymouth enterprise limited with a 22.2% stake. Molendotech Limited is a young, small sized company, Pomanda has estimated its turnover at £528.8k with high growth in recent years.
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Molendotech Limited Health Check
Pomanda's financial health check has awarded Molendotech Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £528.8k, make it smaller than the average company (£3.8m)
- Molendotech Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (3%)
- Molendotech Limited
3% - Industry AVG
Production
with a gross margin of 38.8%, this company has a comparable cost of product (38.8%)
- Molendotech Limited
38.8% - Industry AVG
Profitability
an operating margin of 6.9% make it as profitable than the average company (6.3%)
- Molendotech Limited
6.3% - Industry AVG
Employees
with 7 employees, this is below the industry average (24)
7 - Molendotech Limited
24 - Industry AVG
Pay Structure
on an average salary of £50.5k, the company has an equivalent pay structure (£50.5k)
- Molendotech Limited
£50.5k - Industry AVG
Efficiency
resulting in sales per employee of £75.5k, this is less efficient (£157.9k)
- Molendotech Limited
£157.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Molendotech Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (33 days)
- Molendotech Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (32 days)
- Molendotech Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (24 weeks)
45 weeks - Molendotech Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.3%, this is a lower level of debt than the average (63.7%)
19.3% - Molendotech Limited
63.7% - Industry AVG
MOLENDOTECH LIMITED financials
Molendotech Limited's latest turnover from December 2022 is estimated at £528.8 thousand and the company has net assets of £1.2 million. According to their latest financial statements, Molendotech Limited has 7 employees and maintains cash reserves of £244.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|
| 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 | 7 | 7 | 4 | 3 | 4 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 15,383 | 22,356 | 18,252 | 19,423 | 6,672 | 0 |
| Intangible Assets | 1,078,729 | 738,716 | 420,572 | 262,563 | 151,784 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,094,112 | 761,072 | 438,824 | 281,986 | 158,456 | 0 |
| Stock & work in progress | 5,944 | 5,905 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 55,745 | 0 | 0 |
| Group Debtors | 2,272 | 2,068 | 0 | 0 | 0 | 0 |
| Misc Debtors | 115,824 | 93,151 | 56,775 | 89,785 | 5,635 | 0 |
| Cash | 244,346 | 112,294 | 440,662 | 96,555 | 356,459 | 200 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 368,386 | 213,418 | 497,437 | 242,085 | 362,094 | 200 |
| total assets | 1,462,498 | 974,490 | 936,261 | 524,071 | 520,550 | 200 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,418 | 5,772 | 12,076 | 9,817 | 16,794 | 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 | 270,353 | 7,037 | 24,871 | 20,714 | 62,100 | 0 |
| total current liabilities | 276,771 | 12,809 | 36,947 | 30,531 | 78,894 | 0 |
| loans | 5,500 | 5,500 | 5,500 | 5,500 | 5,500 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 5,500 | 5,500 | 5,500 | 5,500 | 5,500 | 0 |
| total liabilities | 282,271 | 18,309 | 42,447 | 36,031 | 84,394 | 0 |
| net assets | 1,180,227 | 956,181 | 893,814 | 488,040 | 436,156 | 200 |
| total shareholders funds | 1,180,227 | 956,181 | 893,814 | 488,040 | 436,156 | 200 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 8,533 | 8,221 | 5,756 | 4,309 | 463 | 0 |
| Amortisation | 20,741 | 20,740 | 19,988 | 19,989 | 0 | 0 |
| Tax | ||||||
| Stock | 39 | 5,905 | 0 | 0 | 0 | 0 |
| Debtors | 22,877 | 38,444 | -88,755 | 139,895 | 5,635 | 0 |
| Creditors | 646 | -6,304 | 2,259 | -6,977 | 16,794 | 0 |
| Accruals and Deferred Income | 263,316 | -17,834 | 4,157 | -41,386 | 62,100 | 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 | 5,500 | 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 | 132,052 | -328,368 | 344,107 | -259,904 | 356,259 | 200 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 132,052 | -328,368 | 344,107 | -259,904 | 356,259 | 200 |
molendotech limited Credit Report and Business Information
Molendotech Limited Competitor Analysis
Perform a competitor analysis for molendotech limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in TQ5 area or any other competitors across 12 key performance metrics.
molendotech limited Ownership
MOLENDOTECH LIMITED group structure
Molendotech Limited has no subsidiary companies.
Ultimate parent company
MOLENDOTECH LIMITED
10842089
molendotech limited directors
Molendotech Limited currently has 5 directors. The longest serving directors include Mr Simon Jackson (Jun 2017) and Mr Rui Andres (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Jackson | United Kingdom | 66 years | Jun 2017 | - | Director |
| Mr Rui Andres | United Kingdom | 40 years | Jun 2017 | - | Director |
| Mr Roger Killen | United Kingdom | 62 years | Nov 2022 | - | Director |
| Mr Mike Williams | United Kingdom | 67 years | Sep 2023 | - | Director |
| Prof Gail Rees | United Kingdom | 55 years | Apr 2024 | - | Director |
P&L
December 2022turnover
528.8k
+11%
operating profit
36.7k
0%
gross margin
38.8%
+3.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.2m
+0.23%
total assets
1.5m
+0.5%
cash
244.3k
+1.18%
net assets
Total assets minus all liabilities
molendotech limited company details
company number
10842089
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
brixham laboratory, freshwater quarry, brixham, devon, TQ5 8BA
accountant
THOMPSON JENNER LLP
auditor
-
molendotech 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 molendotech limited.
molendotech limited Companies House Filings - See Documents
| date | description | view/download |
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