1 mc ltd

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1 mc ltd Company Information

Share 1 MC LTD

Company Number

11826851

Shareholders

jonathan cockram

Group Structure

View All

Industry

Construction of domestic buildings

 

Registered Address

tamara, 54 croft drive east, wirral, CH48 2JP

Website

-

1 mc ltd Estimated Valuation

£359.6k

Pomanda estimates the enterprise value of 1 MC LTD at £359.6k based on a Turnover of £1.1m and 0.31x industry multiple (adjusted for size and gross margin).

1 mc ltd Estimated Valuation

£4.1k

Pomanda estimates the enterprise value of 1 MC LTD at £4.1k based on an EBITDA of £1.6k and a 2.66x industry multiple (adjusted for size and gross margin).

1 mc ltd Estimated Valuation

£2k

Pomanda estimates the enterprise value of 1 MC LTD at £2k based on Net Assets of £1.4k and 1.39x industry multiple (adjusted for liquidity).

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1 Mc Ltd Overview

1 Mc Ltd is a live company located in wirral, CH48 2JP with a Companies House number of 11826851. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in February 2019, it's largest shareholder is jonathan cockram with a 100% stake. 1 Mc Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.1m with healthy growth in recent years.

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1 Mc Ltd Health Check

Pomanda's financial health check has awarded 1 Mc Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £1.1m, make it larger than the average company (£401.1k)

£1.1m - 1 Mc Ltd

£401.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a slower rate (10%)

8% - 1 Mc Ltd

10% - Industry AVG

production

Production

with a gross margin of 10.8%, this company has a higher cost of product (20.7%)

10.8% - 1 Mc Ltd

20.7% - Industry AVG

profitability

Profitability

an operating margin of 0.1% make it less profitable than the average company (5.3%)

0.1% - 1 Mc Ltd

5.3% - Industry AVG

employees

Employees

with 3 employees, this is similar to the industry average (3)

3 - 1 Mc Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)

£40.7k - 1 Mc Ltd

£40.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £383.3k, this is more efficient (£179.9k)

£383.3k - 1 Mc Ltd

£179.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 64 days, this is later than average (26 days)

64 days - 1 Mc Ltd

26 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 78 days, this is slower than average (30 days)

78 days - 1 Mc Ltd

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - 1 Mc Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - 1 Mc Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (71.8%)

99.4% - 1 Mc Ltd

71.8% - Industry AVG

1 MC LTD financials

EXPORTms excel logo

1 Mc Ltd's latest turnover from February 2024 is estimated at £1.1 million and the company has net assets of £1.4 thousand. According to their latest financial statements, we estimate that 1 Mc Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020
Turnover1,149,977768,115977,724921,588647,955
Other Income Or Grants00000
Cost Of Sales1,025,424691,240879,147827,778578,363
Gross Profit124,55376,87498,57793,81069,592
Admin Expenses122,998110,600100,57471,21547,748
Operating Profit1,555-33,726-1,99722,59521,844
Interest Payable00000
Interest Receivable00000
Pre-Tax Profit1,555-33,726-1,99722,59521,844
Tax-38900-4,293-4,150
Profit After Tax1,166-33,726-1,99718,30217,694
Dividends Paid00000
Retained Profit1,166-33,726-1,99718,30217,694
Employee Costs122,18983,18178,54574,79578,748
Number Of Employees32222
EBITDA*1,555-33,726-1,99722,59521,844

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020
Tangible Assets18,30622,61730,04039,99335,236
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets18,30622,61730,04039,99335,236
Stock & work in progress00000
Trade Debtors203,201143,464210,884194,984106,656
Group Debtors00000
Misc Debtors00000
Cash00000
misc current assets00000
total current assets203,201143,464210,884194,984106,656
total assets221,507166,081240,924234,977141,892
Bank overdraft00000
Bank loan00000
Trade Creditors 219,618155,746183,731163,436124,198
Group/Directors Accounts00000
other short term finances00000
hp & lease commitments00000
other current liabilities00000
total current liabilities219,618155,746183,731163,436124,198
loans00000
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities45010,06223,19435,5450
provisions00000
total long term liabilities45010,06223,19435,5450
total liabilities220,068165,808206,925198,981124,198
net assets1,43927333,99935,99617,694
total shareholders funds1,43927333,99935,99617,694
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020
Operating Activities
Operating Profit1,555-33,726-1,99722,59521,844
Depreciation00000
Amortisation00000
Tax-38900-4,293-4,150
Stock00000
Debtors59,737-67,42015,90088,328106,656
Creditors63,872-27,98520,29539,238124,198
Accruals and Deferred Income00000
Deferred Taxes & Provisions00000
Cash flow from operations5,3015,7092,398-30,78835,236
Investing Activities
capital expenditure4,3117,4239,953-4,757-35,236
Change in Investments00000
cash flow from investments4,3117,4239,953-4,757-35,236
Financing Activities
Bank loans00000
Group/Directors Accounts00000
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities-9,612-13,132-12,35135,5450
share issue00000
interest00000
cash flow from financing-9,612-13,132-12,35135,5450
cash and cash equivalents
cash00000
overdraft00000
change in cash00000

1 mc ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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1 Mc Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for 1 mc ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in CH48 area or any other competitors across 12 key performance metrics.

1 mc ltd Ownership

1 MC LTD group structure

1 Mc Ltd has no subsidiary companies.

Ultimate parent company

1 MC LTD

11826851

1 MC LTD Shareholders

jonathan cockram 100%

1 mc ltd directors

1 Mc Ltd currently has 1 director, Mr Jonathan Cockram serving since Feb 2019.

officercountryagestartendrole
Mr Jonathan Cockram56 years Feb 2019- Director

P&L

February 2024

turnover

1.1m

+50%

operating profit

1.6k

0%

gross margin

10.9%

+8.22%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

1.4k

+4.27%

total assets

221.5k

+0.33%

cash

0

0%

net assets

Total assets minus all liabilities

1 mc ltd company details

company number

11826851

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

February 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

tamara, 54 croft drive east, wirral, CH48 2JP

Bank

-

Legal Advisor

-

1 mc 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 1 mc ltd.

1 mc 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.

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1 mc ltd Companies House Filings - See Documents

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