my employment ltd
my employment ltd Company Information
Company Number
11651129
Next Accounts
Jul 2025
Shareholders
john michael timbs
carly rochester
View AllGroup Structure
View All
Industry
Business and domestic software development
Registered Address
87 high street, heathfield, TN21 8JA
Website
www.emp-sol.commy employment ltd Estimated Valuation
Pomanda estimates the enterprise value of MY EMPLOYMENT LTD at £121.8k based on a Turnover of £144k and 0.85x industry multiple (adjusted for size and gross margin).
my employment ltd Estimated Valuation
Pomanda estimates the enterprise value of MY EMPLOYMENT LTD at £0 based on an EBITDA of £-255.6k and a 5.16x industry multiple (adjusted for size and gross margin).
my employment ltd Estimated Valuation
Pomanda estimates the enterprise value of MY EMPLOYMENT LTD at £0 based on Net Assets of £-330.9k and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
My Employment Ltd Overview
My Employment Ltd is a live company located in heathfield, TN21 8JA with a Companies House number of 11651129. It operates in the business and domestic software development sector, SIC Code 62012. Founded in October 2018, it's largest shareholder is john michael timbs with a 50% stake. My Employment Ltd is a young, micro sized company, Pomanda has estimated its turnover at £144k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
My Employment Ltd Health Check
Pomanda's financial health check has awarded My Employment Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £144k, make it smaller than the average company (£3.4m)
- My Employment Ltd
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (8.8%)
- My Employment Ltd
8.8% - Industry AVG
Production
with a gross margin of 72.3%, this company has a comparable cost of product (72.3%)
- My Employment Ltd
72.3% - Industry AVG
Profitability
an operating margin of -177.5% make it less profitable than the average company (3.7%)
- My Employment Ltd
3.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (31)
- My Employment Ltd
31 - Industry AVG
Pay Structure
on an average salary of £66.8k, the company has an equivalent pay structure (£66.8k)
- My Employment Ltd
£66.8k - Industry AVG
Efficiency
resulting in sales per employee of £72k, this is less efficient (£113.3k)
- My Employment Ltd
£113.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- My Employment Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 575 days, this is slower than average (44 days)
- My Employment Ltd
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- My Employment Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - My Employment Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20988%, this is a higher level of debt than the average (60.8%)
20988% - My Employment Ltd
60.8% - Industry AVG
MY EMPLOYMENT LTD financials
My Employment Ltd's latest turnover from October 2023 is estimated at £144 thousand and the company has net assets of -£330.9 thousand. According to their latest financial statements, we estimate that My Employment Ltd has 2 employees and maintains cash reserves of £1.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | |||||
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | |||||
| Stock & work in progress | |||||
| Trade Debtors | |||||
| Group Debtors | |||||
| Misc Debtors | 460 | 17,860 | 6,880 | 10,118 | 9,989 |
| Cash | 1,124 | 15,737 | 939 | 4,190 | 231 |
| misc current assets | |||||
| total current assets | 1,584 | 33,597 | 7,819 | 14,308 | 10,220 |
| total assets | 1,584 | 33,597 | 7,819 | 14,308 | 10,220 |
| Bank overdraft | |||||
| Bank loan | 1,390 | 1,250 | |||
| Trade Creditors | 62,996 | 22,183 | 12,833 | 18,055 | 450 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 260,310 | 75,315 | 1,147 | 800 | 36,866 |
| total current liabilities | 324,696 | 98,748 | 13,980 | 18,855 | 37,316 |
| loans | 7,754 | 9,479 | 11,794 | 12,500 | |
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | 7,754 | 9,479 | 11,794 | 12,500 | |
| total liabilities | 332,450 | 108,227 | 25,774 | 31,355 | 37,316 |
| net assets | -330,866 | -74,630 | -17,955 | -17,047 | -27,096 |
| total shareholders funds | -330,866 | -74,630 | -17,955 | -17,047 | -27,096 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | -17,400 | 10,980 | -3,238 | 129 | 9,989 |
| Creditors | 40,813 | 9,350 | -5,222 | 17,605 | 450 |
| Accruals and Deferred Income | 184,995 | 74,168 | 347 | -36,066 | 36,866 |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 140 | 1,250 | |||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | -1,725 | -2,315 | -706 | 12,500 | |
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -14,613 | 14,798 | -3,251 | 3,959 | 231 |
| overdraft | |||||
| change in cash | -14,613 | 14,798 | -3,251 | 3,959 | 231 |
my employment ltd Credit Report and Business Information
My Employment Ltd Competitor Analysis
Perform a competitor analysis for my employment ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in TN21 area or any other competitors across 12 key performance metrics.
my employment ltd Ownership
MY EMPLOYMENT LTD group structure
My Employment Ltd has no subsidiary companies.
Ultimate parent company
MY EMPLOYMENT LTD
11651129
my employment ltd directors
My Employment Ltd currently has 2 directors. The longest serving directors include Mr John Timbs (Oct 2018) and Ms Carly Rochester (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Timbs | 59 years | Oct 2018 | - | Director | |
| Ms Carly Rochester | United Kingdom | 46 years | Oct 2018 | - | Director |
P&L
October 2023turnover
144k
+225%
operating profit
-255.6k
0%
gross margin
72.3%
-0.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-330.9k
+3.43%
total assets
1.6k
-0.95%
cash
1.1k
-0.93%
net assets
Total assets minus all liabilities
my employment ltd company details
company number
11651129
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
October 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
COX COSTELLO & HORNE
auditor
-
address
87 high street, heathfield, TN21 8JA
Bank
-
Legal Advisor
-
my employment ltd 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 my employment ltd.
my employment ltd 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 MY EMPLOYMENT LTD. This can take several minutes, an email will notify you when this has completed.
my employment ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
