mnet holdings limited
mnet holdings limited Company Information
Company Number
11574270
Next Accounts
Sep 2025
Shareholders
justine juliette alice roberts
venrex nominees limited
View AllGroup Structure
View All
Industry
Other information technology and computer service activities
Registered Address
studios 15-16, deane house studios, london, NW5 1LB
Website
http://mumsnet.commnet holdings limited Estimated Valuation
Pomanda estimates the enterprise value of MNET HOLDINGS LIMITED at £10.2m based on a Turnover of £8m and 1.27x industry multiple (adjusted for size and gross margin).
mnet holdings limited Estimated Valuation
Pomanda estimates the enterprise value of MNET HOLDINGS LIMITED at £24.4m based on an EBITDA of £2.8m and a 8.68x industry multiple (adjusted for size and gross margin).
mnet holdings limited Estimated Valuation
Pomanda estimates the enterprise value of MNET HOLDINGS LIMITED at £32.5m based on Net Assets of £14.4m and 2.25x industry multiple (adjusted for liquidity).
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Mnet Holdings Limited Overview
Mnet Holdings Limited is a live company located in london, NW5 1LB with a Companies House number of 11574270. It operates in the other information technology service activities sector, SIC Code 62090. Founded in September 2018, it's largest shareholder is justine juliette alice roberts with a 47.8% stake. Mnet Holdings Limited is a young, mid sized company, Pomanda has estimated its turnover at £8m with healthy growth in recent years.
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Mnet Holdings Limited Health Check
Pomanda's financial health check has awarded Mnet Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
1 Weak
Size
annual sales of £8m, make it in line with the average company (£7.3m)
£8m - Mnet Holdings Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8%)
9% - Mnet Holdings Limited
8% - Industry AVG
Production
with a gross margin of 95.3%, this company has a lower cost of product (51.5%)
95.3% - Mnet Holdings Limited
51.5% - Industry AVG
Profitability
an operating margin of 5.6% make it more profitable than the average company (3.5%)
5.6% - Mnet Holdings Limited
3.5% - Industry AVG
Employees
with 63 employees, this is above the industry average (43)
63 - Mnet Holdings Limited
43 - Industry AVG
Pay Structure
on an average salary of £51k, the company has a lower pay structure (£74.2k)
£51k - Mnet Holdings Limited
£74.2k - Industry AVG
Efficiency
resulting in sales per employee of £126.7k, this is less efficient (£178.1k)
£126.7k - Mnet Holdings Limited
£178.1k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (52 days)
47 days - Mnet Holdings Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (33 days)
80 days - Mnet Holdings Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mnet Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 114 weeks, this is more cash available to meet short term requirements (14 weeks)
114 weeks - Mnet Holdings Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.9%, this is a lower level of debt than the average (64.7%)
5.9% - Mnet Holdings Limited
64.7% - Industry AVG
MNET HOLDINGS LIMITED financials
Mnet Holdings Limited's latest turnover from December 2023 is £8 million and the company has net assets of £14.4 million. According to their latest financial statements, Mnet Holdings Limited has 63 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 7,981,006 | 7,516,509 | 7,065,449 | 6,107,682 | 9,317,973 |
| Other Income Or Grants | |||||
| Cost Of Sales | 376,157 | 473,021 | 384,647 | 324,775 | 558,052 |
| Gross Profit | 7,604,849 | 7,043,488 | 6,680,802 | 5,782,907 | 8,759,921 |
| Admin Expenses | 7,156,378 | 6,975,276 | 6,415,268 | 6,950,782 | 9,994,810 |
| Operating Profit | 448,471 | 68,212 | 265,534 | -1,167,875 | -1,234,889 |
| Interest Payable | 20,433 | 65,876 | 116,486 | 139,017 | 24,451 |
| Interest Receivable | 66,381 | 5,038 | 71 | 926 | 13,978 |
| Pre-Tax Profit | 494,419 | 7,374 | 149,119 | -1,305,966 | -1,245,362 |
| Tax | -312,839 | -169,593 | -168,490 | -61,632 | 36,963 |
| Profit After Tax | 181,580 | -162,219 | -19,371 | -1,367,598 | -1,208,399 |
| Dividends Paid | |||||
| Retained Profit | 181,580 | -162,219 | -19,371 | -1,367,598 | -1,208,399 |
| Employee Costs | 3,213,165 | 3,046,527 | 2,922,405 | 3,708,330 | 5,791,468 |
| Number Of Employees | 63 | 60 | 64 | 73 | 100 |
| EBITDA* | 2,808,943 | 2,292,999 | 2,355,839 | 932,589 | 1,394,295 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 27,724 | 26,523 | 28,479 | 23,437 | 47,680 |
| Intangible Assets | 11,330,530 | 12,898,856 | 14,546,974 | 16,080,897 | 18,155,863 |
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 11,358,254 | 12,925,379 | 14,575,453 | 16,104,334 | 18,203,543 |
| Stock & work in progress | |||||
| Trade Debtors | 1,036,460 | 854,842 | 723,264 | 937,486 | 799,497 |
| Group Debtors | |||||
| Misc Debtors | 973,749 | 998,425 | 782,768 | 545,255 | 690,368 |
| Cash | 1,986,308 | 1,848,573 | 1,527,076 | 1,652,769 | 514,372 |
| misc current assets | |||||
| total current assets | 3,996,517 | 3,701,840 | 3,033,108 | 3,135,510 | 2,004,237 |
| total assets | 15,354,771 | 16,627,219 | 17,608,561 | 19,239,844 | 20,207,780 |
| Bank overdraft | 1,441,663 | 1,589,033 | |||
| Bank loan | |||||
| Trade Creditors | 82,595 | 138,008 | 65,729 | 187,641 | 118,016 |
| Group/Directors Accounts | 1,037,492 | 1,762,619 | 1,676,829 | 1,595,215 | |
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 822,102 | 682,504 | 847,375 | 984,169 | 583,770 |
| total current liabilities | 904,697 | 1,858,004 | 2,675,723 | 4,290,302 | 3,886,034 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 4,995 | 5,716 | 7,120 | 4,453 | 9,059 |
| total long term liabilities | 4,995 | 5,716 | 7,120 | 4,453 | 9,059 |
| total liabilities | 909,692 | 1,863,720 | 2,682,843 | 4,294,755 | 3,895,093 |
| net assets | 14,445,079 | 14,763,499 | 14,925,718 | 14,945,089 | 16,312,687 |
| total shareholders funds | 14,445,079 | 14,763,499 | 14,925,718 | 14,945,089 | 16,312,687 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 448,471 | 68,212 | 265,534 | -1,167,875 | -1,234,889 |
| Depreciation | 11,428 | 13,214 | 14,027 | 25,498 | 33,602 |
| Amortisation | 2,349,044 | 2,211,573 | 2,076,278 | 2,074,966 | 2,595,582 |
| Tax | -312,839 | -169,593 | -168,490 | -61,632 | 36,963 |
| Stock | |||||
| Debtors | 156,942 | 347,235 | 23,291 | -7,124 | 1,489,865 |
| Creditors | -55,413 | 72,279 | -121,912 | 69,625 | 118,016 |
| Accruals and Deferred Income | 139,598 | -164,871 | -136,794 | 400,399 | 583,770 |
| Deferred Taxes & Provisions | -721 | -1,404 | 2,667 | -4,606 | 9,059 |
| Cash flow from operations | 2,422,626 | 1,682,175 | 1,908,019 | 1,343,499 | 652,238 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -1,037,492 | -725,127 | 85,790 | 81,614 | 1,595,215 |
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | 45,948 | -60,838 | -116,415 | -138,091 | -10,473 |
| cash flow from financing | -1,491,544 | -785,965 | -30,625 | -56,477 | 19,105,828 |
| cash and cash equivalents | |||||
| cash | 137,735 | 321,497 | -125,693 | 1,138,397 | 514,372 |
| overdraft | -1,441,663 | -147,370 | 1,589,033 | ||
| change in cash | 137,735 | 321,497 | 1,315,970 | 1,285,767 | -1,074,661 |
mnet holdings limited Credit Report and Business Information
Mnet Holdings Limited Competitor Analysis
Perform a competitor analysis for mnet holdings limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in NW5 area or any other competitors across 12 key performance metrics.
mnet holdings limited Ownership
MNET HOLDINGS LIMITED group structure
Mnet Holdings Limited has 2 subsidiary companies.
Ultimate parent company
MNET HOLDINGS LIMITED
11574270
2 subsidiaries
mnet holdings limited directors
Mnet Holdings Limited currently has 2 directors. The longest serving directors include Mr Mark Esiri (Sep 2018) and Ms Justine Roberts (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Esiri | United Kingdom | 60 years | Sep 2018 | - | Director |
| Ms Justine Roberts | England | 57 years | Oct 2018 | - | Director |
P&L
December 2023turnover
8m
+6%
operating profit
448.5k
+557%
gross margin
95.3%
+1.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
14.4m
-0.02%
total assets
15.4m
-0.08%
cash
2m
+0.07%
net assets
Total assets minus all liabilities
Similar Companies
mnet holdings limited company details
company number
11574270
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
September 2018
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BURGESS HODGSON LLP
address
studios 15-16, deane house studios, london, NW5 1LB
Bank
-
Legal Advisor
-
mnet holdings 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 found 1 charges/mortgages relating to mnet holdings limited. Currently there are 1 open charges and 0 have been satisfied in the past.
mnet holdings 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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mnet holdings limited Companies House Filings - See Documents
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