m c driveways limited
m c driveways limited Company Information
Company Number
11280118
Next Accounts
Dec 2024
Industry
Other personal service activities n.e.c.
Shareholders
martin connors
lewis connors
Group Structure
View All
Contact
Registered Address
302 wightman road, hornsey, london, N8 0LT
m c driveways limited Estimated Valuation
Pomanda estimates the enterprise value of M C DRIVEWAYS LIMITED at £23.7k based on a Turnover of £48.5k and 0.49x industry multiple (adjusted for size and gross margin).
m c driveways limited Estimated Valuation
Pomanda estimates the enterprise value of M C DRIVEWAYS LIMITED at £0 based on an EBITDA of £-7k and a 2.92x industry multiple (adjusted for size and gross margin).
m c driveways limited Estimated Valuation
Pomanda estimates the enterprise value of M C DRIVEWAYS LIMITED at £2.4k based on Net Assets of £1.2k and 1.97x industry multiple (adjusted for liquidity).
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M C Driveways Limited Overview
M C Driveways Limited is a dissolved company that was located in london, N8 0LT with a Companies House number of 11280118. It operated in the other service activities n.e.c. sector, SIC Code 96090. Founded in March 2018, it's largest shareholder was martin connors with a 50% stake. The last turnover for M C Driveways Limited was estimated at £48.5k.
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M C Driveways Limited Health Check
Pomanda's financial health check has awarded M C Driveways Limited a 1 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
1 Regular
7 Weak
Size
annual sales of £48.5k, make it smaller than the average company (£676.1k)
- M C Driveways Limited
£676.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- M C Driveways Limited
- - Industry AVG
Production
with a gross margin of 17.4%, this company has a higher cost of product (38.6%)
- M C Driveways Limited
38.6% - Industry AVG
Profitability
an operating margin of -14.4% make it less profitable than the average company (5.3%)
- M C Driveways Limited
5.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - M C Driveways Limited
14 - Industry AVG
Pay Structure
on an average salary of £25.2k, the company has an equivalent pay structure (£25.2k)
- M C Driveways Limited
£25.2k - Industry AVG
Efficiency
resulting in sales per employee of £24.3k, this is less efficient (£62.1k)
- M C Driveways Limited
£62.1k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (27 days)
- M C Driveways Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 102 days, this is slower than average (38 days)
- M C Driveways Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- M C Driveways Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - M C Driveways Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.2%, this is a higher level of debt than the average (41.3%)
90.2% - M C Driveways Limited
41.3% - Industry AVG
M C DRIVEWAYS LIMITED financials
M C Driveways Limited's latest turnover from March 2021 is estimated at £48.5 thousand and the company has net assets of £1.2 thousand. According to their latest financial statements, M C Driveways Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 2 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|
| Tangible Assets | 4,443 | 5,361 | 6,701 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 4,443 | 5,361 | 6,701 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 8,059 | 5,317 | 6,457 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 8,059 | 5,317 | 6,457 |
| total assets | 12,502 | 10,678 | 13,158 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 11,280 | 2,450 | 5,644 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 11,280 | 2,450 | 5,644 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 11,280 | 2,450 | 5,644 |
| net assets | 1,222 | 8,228 | 7,514 |
| total shareholders funds | 1,222 | 8,228 | 7,514 |
| Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 2,742 | -1,140 | 6,457 |
| Creditors | 8,830 | -3,194 | 5,644 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
m c driveways limited Credit Report and Business Information
M C Driveways Limited Competitor Analysis
Perform a competitor analysis for m c driveways limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other undefined companies, companies in N 8 area or any other competitors across 12 key performance metrics.
m c driveways limited Ownership
M C DRIVEWAYS LIMITED group structure
M C Driveways Limited has no subsidiary companies.
Ultimate parent company
M C DRIVEWAYS LIMITED
11280118
m c driveways limited directors
M C Driveways Limited currently has 3 directors. The longest serving directors include Mr Martin Connors (Apr 2018) and Mr Martin Connors (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Connors | England | 30 years | Apr 2018 | - | Director |
| Mr Martin Connors | England | 30 years | Apr 2018 | - | Director |
| Mr Lewis Connors | England | 27 years | Apr 2018 | - | Director |
P&L
March 2021turnover
48.5k
-1%
operating profit
-7k
0%
gross margin
17.5%
-11.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
1.2k
-0.85%
total assets
12.5k
+0.17%
cash
0
0%
net assets
Total assets minus all liabilities
m c driveways limited company details
company number
11280118
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
March 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2021
previous names
N/A
accountant
-
auditor
-
address
302 wightman road, hornsey, london, N8 0LT
Bank
-
Legal Advisor
-
m c driveways 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 c driveways limited.
m c driveways 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 C DRIVEWAYS LIMITED. This can take several minutes, an email will notify you when this has completed.
m c driveways limited Companies House Filings - See Documents
| date | description | view/download |
|---|
