mbt devon ltd
mbt devon ltd Company Information
Company Number
12107429
Next Accounts
Apr 2025
Shareholders
aaron cash
natalie cash
Group Structure
View All
Industry
Development of building projects
Registered Address
c/o iaw accountancy services, 5 hyde road, paignton, devon, TQ4 5BW
Website
-mbt devon ltd Estimated Valuation
Pomanda estimates the enterprise value of MBT DEVON LTD at £401.1k based on a Turnover of £1.2m and 0.33x industry multiple (adjusted for size and gross margin).
mbt devon ltd Estimated Valuation
Pomanda estimates the enterprise value of MBT DEVON LTD at £133.4k based on an EBITDA of £50.9k and a 2.62x industry multiple (adjusted for size and gross margin).
mbt devon ltd Estimated Valuation
Pomanda estimates the enterprise value of MBT DEVON LTD at £70.7k based on Net Assets of £50.1k and 1.41x industry multiple (adjusted for liquidity).
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Mbt Devon Ltd Overview
Mbt Devon Ltd is a live company located in paignton, TQ4 5BW with a Companies House number of 12107429. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2019, it's largest shareholder is aaron cash with a 50% stake. Mbt Devon Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.
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Mbt Devon Ltd Health Check
Pomanda's financial health check has awarded Mbt Devon Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£2.2m)
- Mbt Devon Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (3.3%)
- Mbt Devon Ltd
3.3% - Industry AVG
Production
with a gross margin of 9.5%, this company has a higher cost of product (26.5%)
- Mbt Devon Ltd
26.5% - Industry AVG
Profitability
an operating margin of 4.2% make it less profitable than the average company (7.3%)
- Mbt Devon Ltd
7.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
- Mbt Devon Ltd
6 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- Mbt Devon Ltd
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £604.8k, this is more efficient (£275.1k)
- Mbt Devon Ltd
£275.1k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (27 days)
- Mbt Devon Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 194 days, this is slower than average (31 days)
- Mbt Devon Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mbt Devon Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (13 weeks)
55 weeks - Mbt Devon Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.1%, this is a higher level of debt than the average (73%)
92.1% - Mbt Devon Ltd
73% - Industry AVG
MBT DEVON LTD financials
Mbt Devon Ltd's latest turnover from July 2023 is estimated at £1.2 million and the company has net assets of £50.1 thousand. According to their latest financial statements, we estimate that Mbt Devon Ltd has 2 employees and maintains cash reserves of £623.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|---|
| 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
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | 100 | 100 | ||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 100 | 100 | ||
| Stock & work in progress | 1,687,913 | |||
| Trade Debtors | 10,481 | 23,262 | 710,550 | 500,495 |
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | 623,487 | 5,819 | ||
| misc current assets | ||||
| total current assets | 633,968 | 1,716,994 | 710,550 | 500,495 |
| total assets | 633,968 | 1,716,994 | 710,650 | 500,595 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 583,898 | 1,672,727 | 660,000 | |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | 583,898 | 1,672,727 | 660,000 | |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | 550 | 495 | ||
| other liabilities | 44,167 | 50,000 | 500,000 | |
| provisions | ||||
| total long term liabilities | 44,167 | 50,550 | 500,495 | |
| total liabilities | 583,898 | 1,716,894 | 710,550 | 500,495 |
| net assets | 50,070 | 100 | 100 | 100 |
| total shareholders funds | 50,070 | 100 | 100 | 100 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | -1,687,913 | 1,687,913 | ||
| Debtors | -12,781 | -687,288 | 210,055 | 500,495 |
| Creditors | -1,088,829 | 1,012,727 | 660,000 | |
| Accruals and Deferred Income | -550 | 55 | 495 | |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -100 | 100 | ||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | -44,167 | -5,833 | -450,000 | 500,000 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 617,668 | 5,819 | ||
| overdraft | ||||
| change in cash | 617,668 | 5,819 |
mbt devon ltd Credit Report and Business Information
Mbt Devon Ltd Competitor Analysis
Perform a competitor analysis for mbt devon ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in TQ4 area or any other competitors across 12 key performance metrics.
mbt devon ltd Ownership
MBT DEVON LTD group structure
Mbt Devon Ltd has no subsidiary companies.
Ultimate parent company
MBT DEVON LTD
12107429
mbt devon ltd directors
Mbt Devon Ltd currently has 4 directors. The longest serving directors include Mrs Natalie Cash (Jul 2019) and Mr Aaron Cash (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Natalie Cash | United Kingdom | 38 years | Jul 2019 | - | Director |
| Mr Aaron Cash | England | 38 years | Jul 2019 | - | Director |
| Mr Aaron Cash | United Kingdom | 38 years | Jul 2019 | - | Director |
| Mrs Natalie Cash | United Kingdom | 38 years | Jul 2019 | - | Director |
P&L
July 2023turnover
1.2m
-58%
operating profit
50.9k
0%
gross margin
9.6%
+1.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
50.1k
+499.7%
total assets
634k
-0.63%
cash
623.5k
+106.15%
net assets
Total assets minus all liabilities
mbt devon ltd company details
company number
12107429
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
c/o iaw accountancy services, 5 hyde road, paignton, devon, TQ4 5BW
Bank
-
Legal Advisor
-
mbt devon 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 mbt devon ltd.
mbt devon 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 MBT DEVON LTD. This can take several minutes, an email will notify you when this has completed.
mbt devon ltd Companies House Filings - See Documents
| date | description | view/download |
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