merchitect limited
merchitect limited Company Information
Group Structure
View All
Industry
Other telecommunications activities
Registered Address
flat 1, 14a bargery road, london, SE6 2LN
Website
-merchitect limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHITECT LIMITED at £134.2k based on a Turnover of £231.1k and 0.58x industry multiple (adjusted for size and gross margin).
merchitect limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHITECT LIMITED at £0 based on an EBITDA of £-186 and a 2.45x industry multiple (adjusted for size and gross margin).
merchitect limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHITECT LIMITED at £0 based on Net Assets of £-3.8k and 2.41x industry multiple (adjusted for liquidity).
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Merchitect Limited Overview
Merchitect Limited is a live company located in london, SE6 2LN with a Companies House number of 11191976. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in February 2018, it's largest shareholder is adedeji adesoye with a 100% stake. Merchitect Limited is a young, micro sized company, Pomanda has estimated its turnover at £231.1k with declining growth in recent years.
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Merchitect Limited Health Check
Pomanda's financial health check has awarded Merchitect Limited a 1.5 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 £231.1k, make it smaller than the average company (£13.3m)
- Merchitect Limited
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (4.5%)
- Merchitect Limited
4.5% - Industry AVG
Production
with a gross margin of 17.9%, this company has a higher cost of product (38.6%)
- Merchitect Limited
38.6% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (4.4%)
- Merchitect Limited
4.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (53)
1 - Merchitect Limited
53 - Industry AVG
Pay Structure
on an average salary of £63.2k, the company has an equivalent pay structure (£63.2k)
- Merchitect Limited
£63.2k - Industry AVG
Efficiency
resulting in sales per employee of £231.1k, this is equally as efficient (£235k)
- Merchitect Limited
£235k - Industry AVG
Debtor Days
it gets paid by customers after 100 days, this is later than average (40 days)
- Merchitect Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 106 days, this is slower than average (42 days)
- Merchitect Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Merchitect Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Merchitect Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106%, this is a higher level of debt than the average (64.9%)
106% - Merchitect Limited
64.9% - Industry AVG
MERCHITECT LIMITED financials
Merchitect Limited's latest turnover from February 2024 is estimated at £231.1 thousand and the company has net assets of -£3.8 thousand. According to their latest financial statements, Merchitect Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | ||||||
| Stock & work in progress | ||||||
| Trade Debtors | 63,762 | 68,334 | 69,068 | 69,989 | 45,047 | 31,838 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | ||||||
| misc current assets | ||||||
| total current assets | 63,762 | 68,334 | 69,068 | 69,989 | 45,047 | 31,838 |
| total assets | 63,762 | 68,334 | 69,068 | 69,989 | 45,047 | 31,838 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 55,476 | 54,496 | 52,032 | 52,427 | 44,606 | 27,232 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 55,476 | 54,496 | 52,032 | 52,427 | 44,606 | 27,232 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 12,134 | 17,500 | 17,500 | 17,500 | ||
| provisions | ||||||
| total long term liabilities | 12,134 | 17,500 | 17,500 | 17,500 | ||
| total liabilities | 67,610 | 71,996 | 69,532 | 69,927 | 44,606 | 27,232 |
| net assets | -3,848 | -3,662 | -464 | 62 | 441 | 4,606 |
| total shareholders funds | -3,848 | -3,662 | -464 | 62 | 441 | 4,606 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | -4,572 | -734 | -921 | 24,942 | 13,209 | 31,838 |
| Creditors | 980 | 2,464 | -395 | 7,821 | 17,374 | 27,232 |
| Accruals and Deferred Income | ||||||
| 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 | -5,366 | 17,500 | ||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | ||||||
| overdraft | ||||||
| change in cash |
merchitect limited Credit Report and Business Information
Merchitect Limited Competitor Analysis
Perform a competitor analysis for merchitect limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SE6 area or any other competitors across 12 key performance metrics.
merchitect limited Ownership
MERCHITECT LIMITED group structure
Merchitect Limited has no subsidiary companies.
Ultimate parent company
MERCHITECT LIMITED
11191976
merchitect limited directors
Merchitect Limited currently has 1 director, Mr Adedeji Adesoye serving since Feb 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adedeji Adesoye | United Kingdom | 52 years | Feb 2018 | - | Director |
P&L
February 2024turnover
231.1k
+2%
operating profit
-186
0%
gross margin
18%
-6.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-3.8k
+0.05%
total assets
63.8k
-0.07%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
merchitect limited company details
company number
11191976
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
flat 1, 14a bargery road, london, SE6 2LN
Bank
-
Legal Advisor
-
merchitect 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 merchitect limited.
merchitect 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.
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merchitect limited Companies House Filings - See Documents
| date | description | view/download |
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