mjd drainage limited
mjd drainage limited Company Information
Company Number
11459352
Website
-Registered Address
2 manor farm court, old wolverton road, milton keynes, buckinghamshire, MK12 5NN
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
michael devane 90%
keira devane 10%
mjd drainage limited Estimated Valuation
Pomanda estimates the enterprise value of MJD DRAINAGE LIMITED at £454.9k based on a Turnover of £1m and 0.44x industry multiple (adjusted for size and gross margin).
mjd drainage limited Estimated Valuation
Pomanda estimates the enterprise value of MJD DRAINAGE LIMITED at £818.8k based on an EBITDA of £186.8k and a 4.38x industry multiple (adjusted for size and gross margin).
mjd drainage limited Estimated Valuation
Pomanda estimates the enterprise value of MJD DRAINAGE LIMITED at £331.1k based on Net Assets of £154.6k and 2.14x industry multiple (adjusted for liquidity).
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Mjd Drainage Limited Overview
Mjd Drainage Limited is a live company located in milton keynes, MK12 5NN with a Companies House number of 11459352. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in July 2018, it's largest shareholder is michael devane with a 90% stake. Mjd Drainage Limited is a young, small sized company, Pomanda has estimated its turnover at £1m with high growth in recent years.
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Mjd Drainage Limited Health Check
Pomanda's financial health check has awarded Mjd Drainage Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £1m, make it smaller than the average company (£6m)
- Mjd Drainage Limited
£6m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (7.6%)
- Mjd Drainage Limited
7.6% - Industry AVG
Production
with a gross margin of 24%, this company has a comparable cost of product (24%)
- Mjd Drainage Limited
24% - Industry AVG
Profitability
an operating margin of 18% make it more profitable than the average company (5.8%)
- Mjd Drainage Limited
5.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (29)
2 - Mjd Drainage Limited
29 - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£46k)
- Mjd Drainage Limited
£46k - Industry AVG
Efficiency
resulting in sales per employee of £519k, this is more efficient (£188.3k)
- Mjd Drainage Limited
£188.3k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (58 days)
- Mjd Drainage Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (39 days)
- Mjd Drainage Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mjd Drainage Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (19 weeks)
16 weeks - Mjd Drainage Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.4%, this is a similar level of debt than the average (62.2%)
68.4% - Mjd Drainage Limited
62.2% - Industry AVG
MJD DRAINAGE LIMITED financials
Mjd Drainage Limited's latest turnover from July 2023 is estimated at £1 million and the company has net assets of £154.6 thousand. According to their latest financial statements, Mjd Drainage Limited has 2 employees and maintains cash reserves of £81.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 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 | 2 | 2 | 1 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 9,923 | 8,882 | 16,208 | 5,751 | 1,304 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,923 | 8,882 | 16,208 | 5,751 | 1,304 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 235,431 | 10,322 | 47,734 | 138,646 | 58,068 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 161,193 | 79,794 | 0 | 0 | 0 |
| Cash | 81,928 | 7,841 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 478,552 | 97,957 | 47,734 | 138,646 | 58,068 |
| total assets | 488,475 | 106,839 | 63,942 | 144,397 | 59,372 |
| Bank overdraft | 20,965 | 5,680 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 137,078 | 8,229 | 8,701 | 48,465 | 41,363 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 5,636 | 2,461 | 0 | 0 | 0 |
| other current liabilities | 102,380 | 25,975 | 0 | 0 | 0 |
| total current liabilities | 266,059 | 42,345 | 8,701 | 48,465 | 41,363 |
| loans | 58,765 | 38,487 | 0 | 0 | 0 |
| hp & lease commitments | 9,053 | 8,096 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 54,724 | 50,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 67,818 | 46,583 | 54,724 | 50,000 | 0 |
| total liabilities | 333,877 | 88,928 | 63,425 | 98,465 | 41,363 |
| net assets | 154,598 | 17,911 | 517 | 45,932 | 18,009 |
| total shareholders funds | 154,598 | 17,911 | 517 | 45,932 | 18,009 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 306,508 | 42,382 | -90,912 | 80,578 | 58,068 |
| Creditors | 128,849 | -472 | -39,764 | 7,102 | 41,363 |
| Accruals and Deferred Income | 76,405 | 25,975 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 20,278 | 38,487 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 4,132 | 10,557 | 0 | 0 | 0 |
| other long term liabilities | 0 | -54,724 | 4,724 | 50,000 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 74,087 | 7,841 | 0 | 0 | 0 |
| overdraft | 15,285 | 5,680 | 0 | 0 | 0 |
| change in cash | 58,802 | 2,161 | 0 | 0 | 0 |
mjd drainage limited Credit Report and Business Information
Mjd Drainage Limited Competitor Analysis
Perform a competitor analysis for mjd drainage limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in MK12 area or any other competitors across 12 key performance metrics.
mjd drainage limited Ownership
MJD DRAINAGE LIMITED group structure
Mjd Drainage Limited has no subsidiary companies.
Ultimate parent company
MJD DRAINAGE LIMITED
11459352
mjd drainage limited directors
Mjd Drainage Limited currently has 2 directors. The longest serving directors include Mr Michael Devane (Jul 2018) and Mrs Keira Devane (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Devane | United Kingdom | 39 years | Jul 2018 | - | Director |
| Mrs Keira Devane | United Kingdom | 37 years | Jan 2021 | - | Director |
P&L
July 2023turnover
1m
+692%
operating profit
186.8k
0%
gross margin
24%
-2.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
154.6k
+7.63%
total assets
488.5k
+3.57%
cash
81.9k
+9.45%
net assets
Total assets minus all liabilities
Similar Companies
mjd drainage limited company details
company number
11459352
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
July 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
AD VALOREM ACCOUNTANCY SERVICES LIMITED
auditor
-
address
2 manor farm court, old wolverton road, milton keynes, buckinghamshire, MK12 5NN
Bank
-
Legal Advisor
-
mjd drainage 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 mjd drainage limited.
mjd drainage limited Companies House Filings - See Documents
| date | description | view/download |
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