mthwakazi queens cic
mthwakazi queens cic Company Information
Company Number
11645552
Website
-Registered Address
28 clarence road, bunkers hill, bilston, west midlands, WV14 6NZ
Industry
Cultural education
Telephone
-
Next Accounts Due
50 days late
Group Structure
View All
Shareholders
-0%
mthwakazi queens cic Estimated Valuation
Pomanda estimates the enterprise value of MTHWAKAZI QUEENS CIC at £65.5k based on a Turnover of £76.3k and 0.86x industry multiple (adjusted for size and gross margin).
mthwakazi queens cic Estimated Valuation
Pomanda estimates the enterprise value of MTHWAKAZI QUEENS CIC at £0 based on an EBITDA of £-473 and a 4.24x industry multiple (adjusted for size and gross margin).
mthwakazi queens cic Estimated Valuation
Pomanda estimates the enterprise value of MTHWAKAZI QUEENS CIC at £0 based on Net Assets of £-1.8k and 0.17x industry multiple (adjusted for liquidity).
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Mthwakazi Queens Cic Overview
Mthwakazi Queens Cic is a live company located in bilston, WV14 6NZ with a Companies House number of 11645552. It operates in the cultural education sector, SIC Code 85520. Founded in October 2018, it's largest shareholder is unknown. Mthwakazi Queens Cic is a young, micro sized company, Pomanda has estimated its turnover at £76.3k with rapid growth in recent years.
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Mthwakazi Queens Cic Health Check
Pomanda's financial health check has awarded Mthwakazi Queens Cic a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
5 Weak
Size
annual sales of £76.3k, make it smaller than the average company (£239.2k)
£76.3k - Mthwakazi Queens Cic
£239.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (3.1%)
32% - Mthwakazi Queens Cic
3.1% - Industry AVG
Production
with a gross margin of 93.2%, this company has a lower cost of product (62.2%)
93.2% - Mthwakazi Queens Cic
62.2% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (1.2%)
-0.8% - Mthwakazi Queens Cic
1.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
- Mthwakazi Queens Cic
6 - Industry AVG
Pay Structure
on an average salary of £24k, the company has an equivalent pay structure (£24k)
- Mthwakazi Queens Cic
£24k - Industry AVG
Efficiency
resulting in sales per employee of £38.2k, this is less efficient (£56.2k)
- Mthwakazi Queens Cic
£56.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mthwakazi Queens Cic
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mthwakazi Queens Cic
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mthwakazi Queens Cic
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mthwakazi Queens Cic
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 608.9%, this is a higher level of debt than the average (17.8%)
608.9% - Mthwakazi Queens Cic
17.8% - Industry AVG
MTHWAKAZI QUEENS CIC financials
Mthwakazi Queens Cic's latest turnover from October 2022 is £76.3 thousand and the company has net assets of -£1.8 thousand. According to their latest financial statements, we estimate that Mthwakazi Queens Cic has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|
| Turnover | 76,319 | 49,078 | 14,894 | 33,125 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 5,179 | 0 | 0 | 0 |
| Gross Profit | 71,140 | 49,078 | 14,894 | 33,125 |
| Admin Expenses | 71,788 | 50,424 | 14,857 | 32,986 |
| Operating Profit | -648 | -1,346 | 37 | 139 |
| Interest Payable | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -648 | -1,346 | 37 | 139 |
| Tax | 0 | 0 | -7 | -27 |
| Profit After Tax | -648 | -1,346 | 30 | 112 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | -648 | -1,346 | 30 | 112 |
| Employee Costs | ||||
| Number Of Employees | ||||
| EBITDA* | -473 | -1,171 | 37 | 139 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|
| Tangible Assets | 350 | 525 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 350 | 525 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 250 | 605 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 0 | 0 | 250 | 605 |
| total assets | 350 | 525 | 250 | 605 |
| Bank overdraft | 2,131 | 1,658 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 366 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 7 | 27 |
| total current liabilities | 2,131 | 1,658 | 7 | 393 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 2,131 | 1,658 | 7 | 393 |
| net assets | -1,781 | -1,133 | 243 | 212 |
| total shareholders funds | -1,781 | -1,133 | 243 | 212 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -648 | -1,346 | 37 | 139 |
| Depreciation | 175 | 175 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | -7 | -27 |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | -366 | 366 |
| Accruals and Deferred Income | 0 | -7 | -20 | 27 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | -473 | -1,178 | -356 | 505 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | -30 | 1 | 100 |
| cash and cash equivalents | ||||
| cash | 0 | -250 | -355 | 605 |
| overdraft | 473 | 1,658 | 0 | 0 |
| change in cash | -473 | -1,908 | -355 | 605 |
mthwakazi queens cic Credit Report and Business Information
Mthwakazi Queens Cic Competitor Analysis
Perform a competitor analysis for mthwakazi queens cic by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in WV14 area or any other competitors across 12 key performance metrics.
mthwakazi queens cic Ownership
MTHWAKAZI QUEENS CIC group structure
Mthwakazi Queens Cic has no subsidiary companies.
Ultimate parent company
MTHWAKAZI QUEENS CIC
11645552
mthwakazi queens cic directors
Mthwakazi Queens Cic currently has 2 directors. The longest serving directors include Ms Sazini Malaba (Oct 2018) and Mrs Tsitsi Hunduza (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Sazini Malaba | England | 48 years | Oct 2018 | - | Director |
| Mrs Tsitsi Hunduza | England | 43 years | May 2022 | - | Director |
P&L
October 2022turnover
76.3k
+56%
operating profit
-648
-52%
gross margin
93.3%
-6.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
-1.8k
+0.57%
total assets
350
-0.33%
cash
0
0%
net assets
Total assets minus all liabilities
mthwakazi queens cic company details
company number
11645552
Type
Private Ltd By Guarantee w/o Share Cap
industry
85520 - Cultural education
incorporation date
October 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
October 2022
address
28 clarence road, bunkers hill, bilston, west midlands, WV14 6NZ
accountant
-
auditor
-
mthwakazi queens cic 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 mthwakazi queens cic.
mthwakazi queens cic Companies House Filings - See Documents
| date | description | view/download |
|---|
