my money xtras limited
my money xtras limited Company Information
Company Number
12072970
Website
-Registered Address
2 charlesworth court, knights way, shrewsbury, SY1 3AB
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
01743452430
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
lyneal group ltd 100%
my money xtras limited Estimated Valuation
Pomanda estimates the enterprise value of MY MONEY XTRAS LIMITED at £2.3m based on a Turnover of £1.6m and 1.41x industry multiple (adjusted for size and gross margin).
my money xtras limited Estimated Valuation
Pomanda estimates the enterprise value of MY MONEY XTRAS LIMITED at £605.8k based on an EBITDA of £104.8k and a 5.78x industry multiple (adjusted for size and gross margin).
my money xtras limited Estimated Valuation
Pomanda estimates the enterprise value of MY MONEY XTRAS LIMITED at £214.4k based on Net Assets of £111.3k and 1.93x industry multiple (adjusted for liquidity).
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My Money Xtras Limited Overview
My Money Xtras Limited is a live company located in shrewsbury, SY1 3AB with a Companies House number of 12072970. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 2019, it's largest shareholder is lyneal group ltd with a 100% stake. My Money Xtras Limited is a young, small sized company, Pomanda has estimated its turnover at £1.6m with unknown growth in recent years.
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My Money Xtras Limited Health Check
Pomanda's financial health check has awarded My Money Xtras 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
2 Strong
2 Regular
5 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£4.6m)
- My Money Xtras Limited
£4.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- My Money Xtras Limited
- - Industry AVG
Production
with a gross margin of 61.4%, this company has a comparable cost of product (61.4%)
- My Money Xtras Limited
61.4% - Industry AVG
Profitability
an operating margin of 6.5% make it less profitable than the average company (10.8%)
- My Money Xtras Limited
10.8% - Industry AVG
Employees
with 9 employees, this is below the industry average (15)
9 - My Money Xtras Limited
15 - Industry AVG
Pay Structure
on an average salary of £79.3k, the company has an equivalent pay structure (£79.3k)
- My Money Xtras Limited
£79.3k - Industry AVG
Efficiency
resulting in sales per employee of £177.8k, this is less efficient (£226.6k)
- My Money Xtras Limited
£226.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- My Money Xtras Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (38 days)
- My Money Xtras Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- My Money Xtras Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 95 weeks, this is more cash available to meet short term requirements (38 weeks)
95 weeks - My Money Xtras Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29%, this is a lower level of debt than the average (59%)
29% - My Money Xtras Limited
59% - Industry AVG
MY MONEY XTRAS LIMITED financials
My Money Xtras Limited's latest turnover from December 2022 is estimated at £1.6 million and the company has net assets of £111.3 thousand. According to their latest financial statements, My Money Xtras Limited has 9 employees and maintains cash reserves of £83.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 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 | 9 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Tangible Assets | 519 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 25,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 519 | 0 | 0 | 25,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 69,152 | 0 | 0 | 0 |
| Misc Debtors | 3,668 | 0 | 0 | 0 |
| Cash | 83,366 | 25,000 | 25,000 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 156,186 | 25,000 | 25,000 | 0 |
| total assets | 156,705 | 25,000 | 25,000 | 25,000 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 12,846 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,794 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 30,626 | 0 | 0 | 0 |
| total current liabilities | 45,266 | 0 | 0 | 0 |
| 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 | 130 | 0 | 0 | 0 |
| total long term liabilities | 130 | 0 | 0 | 0 |
| total liabilities | 45,396 | 0 | 0 | 0 |
| net assets | 111,309 | 25,000 | 25,000 | 25,000 |
| total shareholders funds | 111,309 | 25,000 | 25,000 | 25,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 104 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 72,820 | 0 | 0 | 0 |
| Creditors | 12,846 | 0 | 0 | 0 |
| Accruals and Deferred Income | 30,626 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 130 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | -25,000 | 25,000 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,794 | 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 | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 58,366 | 0 | 25,000 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 58,366 | 0 | 25,000 | 0 |
my money xtras limited Credit Report and Business Information
My Money Xtras Limited Competitor Analysis
Perform a competitor analysis for my money xtras limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
my money xtras limited Ownership
MY MONEY XTRAS LIMITED group structure
My Money Xtras Limited has no subsidiary companies.
my money xtras limited directors
My Money Xtras Limited currently has 3 directors. The longest serving directors include Mr Martin Jones (Jun 2019) and Mr Jonathan Breakell (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Jones | England | 50 years | Jun 2019 | - | Director |
| Mr Jonathan Breakell | England | 27 years | Feb 2022 | - | Director |
| Mr Jamie Keeling | England | 37 years | Dec 2022 | - | Director |
P&L
December 2022turnover
1.6m
0%
operating profit
104.7k
0%
gross margin
61.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
111.3k
+3.45%
total assets
156.7k
+5.27%
cash
83.4k
+2.33%
net assets
Total assets minus all liabilities
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my money xtras limited company details
company number
12072970
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
June 2019
age
5
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
2 charlesworth court, knights way, shrewsbury, SY1 3AB
last accounts submitted
December 2022
my money xtras 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 my money xtras limited.
my money xtras limited Companies House Filings - See Documents
| date | description | view/download |
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