markket ltd
markket ltd Company Information
Group Structure
View All
Industry
Business and domestic software development
Registered Address
21 marina court castle street, hull, HU1 1TJ
Website
-markket ltd Estimated Valuation
Pomanda estimates the enterprise value of MARKKET LTD at £1.6k based on a Turnover of £2.4k and 0.67x industry multiple (adjusted for size and gross margin).
markket ltd Estimated Valuation
Pomanda estimates the enterprise value of MARKKET LTD at £0 based on an EBITDA of £0 and a 4.06x industry multiple (adjusted for size and gross margin).
markket ltd Estimated Valuation
Pomanda estimates the enterprise value of MARKKET LTD at £2 based on Net Assets of £1 and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Markket Ltd Overview
Markket Ltd is a live company located in hull, HU1 1TJ with a Companies House number of 12120921. It operates in the business and domestic software development sector, SIC Code 62012. Founded in July 2019, it's largest shareholder is michael wolfers with a 100% stake. Markket Ltd is a young, micro sized company, Pomanda has estimated its turnover at £2.4k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Markket Ltd Health Check
Pomanda's financial health check has awarded Markket 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
1 Regular
6 Weak
Size
annual sales of £2.4k, make it smaller than the average company (£3.8m)
- Markket Ltd
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 798%, show it is growing at a faster rate (10.5%)
- Markket Ltd
10.5% - Industry AVG
Production
with a gross margin of 42.4%, this company has a higher cost of product (73.6%)
- Markket Ltd
73.6% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Markket Ltd
- - Industry AVG
Employees
with 1 employees, this is below the industry average (35)
- Markket Ltd
35 - Industry AVG
Pay Structure
on an average salary of £69.1k, the company has an equivalent pay structure (£69.1k)
- Markket Ltd
£69.1k - Industry AVG
Efficiency
resulting in sales per employee of £2.4k, this is less efficient (£121.1k)
- Markket Ltd
£121.1k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (58 days)
- Markket Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 199 days, this is slower than average (39 days)
- Markket Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Markket Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Markket Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (59.8%)
99.9% - Markket Ltd
59.8% - Industry AVG
MARKKET LTD financials
Markket Ltd's latest turnover from January 2024 is estimated at £2.4 thousand and the company has net assets of £1. According to their latest financial statements, we estimate that Markket Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 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
| Jan 2024 | Jan 2023 | Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | |||||
| Intangible Assets | |||||
| Investments & Other | 1 | ||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 1 | ||||
| Stock & work in progress | |||||
| Trade Debtors | 755 | 1 | 1 | 1 | |
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | |||||
| misc current assets | |||||
| total current assets | 755 | 1 | 1 | 1 | |
| total assets | 755 | 1 | 1 | 1 | 1 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 754 | ||||
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 754 | ||||
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 754 | ||||
| net assets | 1 | 1 | 1 | 1 | 1 |
| total shareholders funds | 1 | 1 | 1 | 1 | 1 |
| Jan 2024 | Jan 2023 | Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 754 | 1 | |||
| Creditors | 754 | ||||
| Accruals and Deferred Income | |||||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | -1 | 1 | |||
| 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 | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | |||||
| overdraft | |||||
| change in cash |
markket ltd Credit Report and Business Information
Markket Ltd Competitor Analysis
Perform a competitor analysis for markket ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in HU1 area or any other competitors across 12 key performance metrics.
markket ltd Ownership
MARKKET LTD group structure
Markket Ltd has no subsidiary companies.
Ultimate parent company
MARKKET LTD
12120921
markket ltd directors
Markket Ltd currently has 1 director, Mr Michael Wolfers serving since Jul 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Wolfers | England | 67 years | Jul 2019 | - | Director |
P&L
January 2024turnover
2.4k
+73990%
operating profit
0
0%
gross margin
42.5%
+0.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
1
0%
total assets
755
+754%
cash
0
0%
net assets
Total assets minus all liabilities
markket ltd company details
company number
12120921
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
21 marina court castle street, hull, HU1 1TJ
Bank
-
Legal Advisor
-
markket 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 markket ltd.
markket 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 MARKKET LTD. This can take several minutes, an email will notify you when this has completed.
markket ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
