Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
1580 parkway, solent business park, fareham, hampshire, PO15 7AG
Website
-
mmt finance limitedEstimated Valuation
£938.7k
Pomanda estimates the enterprise value of MMT FINANCE LIMITED at £938.7k based on a Turnover of £823.3k and 1.14x industry multiple (adjusted for size and gross margin).
mmt finance limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MMT FINANCE LIMITED at £0 based on an EBITDA of £-461k and a 4.14x industry multiple (adjusted for size and gross margin).
mmt finance limitedEstimated Valuation
£2m
Pomanda estimates the enterprise value of MMT FINANCE LIMITED at £2m based on Net Assets of £1.6m and 1.23x industry multiple (adjusted for liquidity).
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Mmt Finance LimitedOverview
Mmt Finance Limited is a live company located in fareham, PO15 7AG with a Companies House number of 11873725. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2019, it's largest shareholder is
david morris
with a 33.3% stake. Mmt Finance Limited is a young,
small sized company, Pomanda has estimated its turnover at
£823.3k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Mmt Finance Limited a 3 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
Health Rating3out of 5
2 Strong
3 Regular
5 Weak
Size
annual sales of £823.3k, make it smaller than the average company (£4.3m)
£823.3k - Mmt Finance Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (2.9%)
12% - Mmt Finance Limited
2.9% - Industry AVG
Production
with a gross margin of 58.2%, this company has a comparable cost of product (58.2%)
58.2% - Mmt Finance Limited
58.2% - Industry AVG
Profitability
an operating margin of -56.4% make it less profitable than the average company (11.8%)
-56.4% - Mmt Finance Limited
11.8% - Industry AVG
Employees
with 5 employees, this is below the industry average (12)
5 - Mmt Finance Limited
12 - Industry AVG
Pay Structure
on an average salary of £74k, the company has an equivalent pay structure (£74k)
£74k - Mmt Finance Limited
£74k - Industry AVG
Efficiency
resulting in sales per employee of £164.7k, this is less efficient (£210.4k)
£164.7k - Mmt Finance Limited
£210.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mmt Finance Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (43 days)
0 days - Mmt Finance Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mmt Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 34 weeks, this is average cash available to meet short term requirements (33 weeks)
34 weeks - Mmt Finance Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.7%, this is a lower level of debt than the average (68%)
34.7% - Mmt Finance Limited
68% - Industry AVG
MMT FINANCE LIMITED financials
EXPORT
Mmt Finance Limited's latest turnover from November 2022 is estimated at £823.3 thousand and the company has net assets of £1.6 million. According to their latest financial statements, Mmt Finance Limited has 5 employees and maintains cash reserves of £549.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Turnover
823,265
466,721
456,918
578,790
Other Income Or Grants
Cost Of Sales
343,845
187,855
193,815
239,488
Gross Profit
479,420
278,866
263,104
339,302
Admin Expenses
943,710
-46,227
-1,817,841
178,514
Operating Profit
-464,290
325,093
2,080,945
160,788
Interest Payable
3,600
2,898
1,525
Interest Receivable
10,097
68
7
3
Pre-Tax Profit
-457,793
322,264
2,079,427
160,791
Tax
-61,230
-395,091
-30,550
Profit After Tax
-457,793
261,034
1,684,336
130,241
Dividends Paid
Retained Profit
-457,793
261,034
1,684,336
130,241
Employee Costs
369,903
213,490
208,555
211,456
Number Of Employees
5
3
3
3
EBITDA*
-460,996
325,093
2,080,945
160,788
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Tangible Assets
75,756
Intangible Assets
Investments & Other
860,582
860,582
Debtors (Due After 1 year)
Total Fixed Assets
936,338
860,582
Stock & work in progress
Trade Debtors
Group Debtors
120,000
92,929
Misc Debtors
349,496
2,011,582
2,433,992
1,660,006
Cash
549,818
123,339
13,281
851
misc current assets
640,335
1,046,120
627,027
total current assets
1,539,649
3,301,041
3,167,229
1,771,799
total assets
2,475,987
4,161,623
3,167,229
1,771,799
Bank overdraft
10,000
10,000
5,000
Bank loan
Trade Creditors
900
810
300
Group/Directors Accounts
630,344
1,075,000
900,000
1,552,131
other short term finances
hp & lease commitments
other current liabilities
177,231
964,902
402,052
89,127
total current liabilities
818,475
2,050,712
1,307,352
1,641,258
loans
25,000
35,000
45,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
14,394
total long term liabilities
39,394
35,000
45,000
total liabilities
857,869
2,085,712
1,352,352
1,641,258
net assets
1,618,118
2,075,911
1,814,877
130,541
total shareholders funds
1,618,118
2,075,911
1,814,877
130,541
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Operating Activities
Operating Profit
-464,290
325,093
2,080,945
160,788
Depreciation
3,294
Amortisation
Tax
-61,230
-395,091
-30,550
Stock
Debtors
-1,782,086
-395,339
866,915
1,660,006
Creditors
90
510
300
Accruals and Deferred Income
-787,671
562,850
312,925
89,127
Deferred Taxes & Provisions
14,394
Cash flow from operations
547,903
1,222,562
1,132,164
-1,440,641
Investing Activities
capital expenditure
-79,050
Change in Investments
860,582
cash flow from investments
-79,050
-860,582
Financing Activities
Bank loans
Group/Directors Accounts
-444,656
175,000
-652,131
1,552,131
Other Short Term Loans
Long term loans
-10,000
-10,000
45,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
300
interest
6,497
-2,830
-1,518
3
cash flow from financing
-448,159
162,170
-608,649
1,552,434
cash and cash equivalents
cash
426,479
110,058
12,430
851
overdraft
5,000
5,000
change in cash
426,479
105,058
7,430
851
mmt finance limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for mmt finance limited. Get real-time insights into mmt finance limited's credit score, group structure and payment trends.
Perform a competitor analysis for mmt finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in PO15 area or any other competitors across 12 key performance metrics.
mmt finance limited Ownership
MMT FINANCE LIMITED group structure
Mmt Finance Limited has no subsidiary companies.
Ultimate parent company
MMT FINANCE LIMITED
11873725
MMT FINANCE LIMITED Shareholders
The largest shareholders in Mmt Finance Limited include David Morris and Nathaniel Meyohas.
david morris
33.33%
nathaniel meyohas
33.33%
neville kahn
33.33%
mmt finance limited directors
Mmt Finance Limited currently has 4 directors.
The longest serving directors include
Mr David Morris (Mar 2019) and
Mr Neville Kahn (Mar 2019).
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
March 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
November 2022
previous names
N/A
accountant
SSM ACCOUNTANTS LIMITED
auditor
-
address
1580 parkway, solent business park, fareham, hampshire, PO15 7AG
Bank
-
Legal Advisor
-
mmt finance 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 mmt finance limited.
mmt finance 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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mmt finance limitedCompanies House Filings - See Documents
