m r 66 limited
m r 66 limited Company Information
Company Number
11239328
Next Accounts
84 days late
Shareholders
shafiq islam
akheel saed khan
Group Structure
View All
Industry
Unlicensed restaurants and cafes
Registered Address
49 salisbury road, cardiff, CF24 4AB
Website
-m r 66 limited Estimated Valuation
Pomanda estimates the enterprise value of M R 66 LIMITED at £694.6k based on a Turnover of £1.2m and 0.6x industry multiple (adjusted for size and gross margin).
m r 66 limited Estimated Valuation
Pomanda estimates the enterprise value of M R 66 LIMITED at £0 based on an EBITDA of £-36.8k and a 4.11x industry multiple (adjusted for size and gross margin).
m r 66 limited Estimated Valuation
Pomanda estimates the enterprise value of M R 66 LIMITED at £0 based on Net Assets of £-33.1k and 2.63x industry multiple (adjusted for liquidity).
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M R 66 Limited Overview
M R 66 Limited is a live company located in cardiff, CF24 4AB with a Companies House number of 11239328. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in March 2018, it's largest shareholder is shafiq islam with a 60% stake. M R 66 Limited is a young, small sized company, Pomanda has estimated its turnover at £1.2m with high growth in recent years.
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M R 66 Limited Health Check
Pomanda's financial health check has awarded M R 66 Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £1.2m, make it larger than the average company (£477.1k)
- M R 66 Limited
£477.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (10.1%)
- M R 66 Limited
10.1% - Industry AVG
Production
with a gross margin of 38.3%, this company has a higher cost of product (61.8%)
- M R 66 Limited
61.8% - Industry AVG
Profitability
an operating margin of -3.2% make it less profitable than the average company (1.7%)
- M R 66 Limited
1.7% - Industry AVG
Employees
with 50 employees, this is above the industry average (20)
50 - M R 66 Limited
20 - Industry AVG
Pay Structure
on an average salary of £11.6k, the company has an equivalent pay structure (£11.6k)
- M R 66 Limited
£11.6k - Industry AVG
Efficiency
resulting in sales per employee of £23.1k, this is less efficient (£38.4k)
- M R 66 Limited
£38.4k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is later than average (5 days)
- M R 66 Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 76 days, this is slower than average (31 days)
- M R 66 Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- M R 66 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - M R 66 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 122.5%, this is a higher level of debt than the average (70.5%)
122.5% - M R 66 Limited
70.5% - Industry AVG
M R 66 LIMITED financials
M R 66 Limited's latest turnover from March 2023 is estimated at £1.2 million and the company has net assets of -£33.1 thousand. According to their latest financial statements, M R 66 Limited has 50 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 | |
|---|---|---|---|---|---|
| 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 | 50 | 42 | 15 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 61,231 | 69,488 | 73,701 | 84,808 | 94,255 |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 61,231 | 69,488 | 73,701 | 84,808 | 94,255 |
| Stock & work in progress | |||||
| Trade Debtors | 85,972 | 137,200 | 120,655 | 50,016 | 31,324 |
| Group Debtors | |||||
| Misc Debtors | 454 | 2,447 | 18,522 | ||
| Cash | |||||
| misc current assets | |||||
| total current assets | 85,972 | 137,654 | 123,102 | 68,538 | 31,324 |
| total assets | 147,203 | 207,142 | 196,803 | 153,346 | 125,579 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 148,600 | 160,862 | 62,948 | 58,894 | 131,797 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 148,600 | 160,862 | 62,948 | 58,894 | 131,797 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | 1 | 600 | |||
| other liabilities | 31,731 | 42,637 | 131,987 | 93,147 | |
| provisions | |||||
| total long term liabilities | 31,731 | 42,637 | 131,988 | 93,747 | |
| total liabilities | 180,331 | 203,499 | 194,936 | 152,641 | 131,797 |
| net assets | -33,128 | 3,643 | 1,867 | 705 | -6,218 |
| total shareholders funds | -33,128 | 3,643 | 1,867 | 705 | -6,218 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | -51,682 | 14,552 | 54,564 | 37,214 | 31,324 |
| Creditors | -12,262 | 97,914 | 4,054 | -72,903 | 131,797 |
| Accruals and Deferred Income | -1 | -599 | 600 | ||
| 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 | -10,906 | -89,350 | 38,840 | 93,147 | |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | |||||
| overdraft | |||||
| change in cash |
m r 66 limited Credit Report and Business Information
M R 66 Limited Competitor Analysis
Perform a competitor analysis for m r 66 limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in CF24 area or any other competitors across 12 key performance metrics.
m r 66 limited Ownership
M R 66 LIMITED group structure
M R 66 Limited has no subsidiary companies.
Ultimate parent company
M R 66 LIMITED
11239328
m r 66 limited directors
M R 66 Limited currently has 2 directors. The longest serving directors include Mr Shafiq Islam (Mar 2018) and Mr Akheel Khan (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shafiq Islam | England | 39 years | Mar 2018 | - | Director |
| Mr Akheel Khan | England | 34 years | Sep 2019 | - | Director |
P&L
March 2023turnover
1.2m
+8%
operating profit
-36.8k
0%
gross margin
38.3%
-11.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-33.1k
-10.09%
total assets
147.2k
-0.29%
cash
0
0%
net assets
Total assets minus all liabilities
m r 66 limited company details
company number
11239328
Type
Private limited with Share Capital
industry
56102 - Unlicensed restaurants and cafes
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
49 salisbury road, cardiff, CF24 4AB
Bank
-
Legal Advisor
-
m r 66 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 m r 66 limited.
m r 66 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 M R 66 LIMITED. This can take several minutes, an email will notify you when this has completed.
m r 66 limited Companies House Filings - See Documents
| date | description | view/download |
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