montify ltd
montify ltd Company Information
Company Number
12230765
Next Accounts
Sep 2025
Shareholders
nikolai timofejev
ceviant finance limited
View AllGroup Structure
View All
Industry
Other information service activities n.e.c.
+1Registered Address
new london house, 6 london street, london, EC3R 7LP
Website
montify.commontify ltd Estimated Valuation
Pomanda estimates the enterprise value of MONTIFY LTD at £219.8k based on a Turnover of £193.9k and 1.13x industry multiple (adjusted for size and gross margin).
montify ltd Estimated Valuation
Pomanda estimates the enterprise value of MONTIFY LTD at £0 based on an EBITDA of £-252.8k and a 5.04x industry multiple (adjusted for size and gross margin).
montify ltd Estimated Valuation
Pomanda estimates the enterprise value of MONTIFY LTD at £0 based on Net Assets of £-139.3k and 1.85x industry multiple (adjusted for liquidity).
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Montify Ltd Overview
Montify Ltd is a live company located in london, EC3R 7LP with a Companies House number of 12230765. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in September 2019, it's largest shareholder is nikolai timofejev with a 84.2% stake. Montify Ltd is a young, micro sized company, Pomanda has estimated its turnover at £193.9k with declining growth in recent years.
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Montify Ltd Health Check
Pomanda's financial health check has awarded Montify Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £193.9k, make it smaller than the average company (£3.4m)
£193.9k - Montify Ltd
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -58%, show it is growing at a slower rate (6.3%)
- Montify Ltd
6.3% - Industry AVG
Production
with a gross margin of 74.2%, this company has a lower cost of product (61.3%)
74.2% - Montify Ltd
61.3% - Industry AVG
Profitability
an operating margin of -130.4% make it less profitable than the average company (7.5%)
-130.4% - Montify Ltd
7.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (17)
6 - Montify Ltd
17 - Industry AVG
Pay Structure
on an average salary of £26.8k, the company has a lower pay structure (£59.1k)
£26.8k - Montify Ltd
£59.1k - Industry AVG
Efficiency
resulting in sales per employee of £32.3k, this is less efficient (£150.3k)
£32.3k - Montify Ltd
£150.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Montify Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 18542 days, this is slower than average (38 days)
18542 days - Montify Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Montify Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is average cash available to meet short term requirements (50 weeks)
52 weeks - Montify Ltd
50 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.8%, this is a higher level of debt than the average (53.5%)
104.8% - Montify Ltd
53.5% - Industry AVG
MONTIFY LTD financials
Montify Ltd's latest turnover from December 2023 is £193.9 thousand and the company has net assets of -£139.3 thousand. According to their latest financial statements, Montify Ltd has 6 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Sep 2020 | |
|---|---|---|---|---|
| Turnover | 193,940 | 150,424 | 59,941 | |
| Other Income Or Grants | ||||
| Cost Of Sales | 50,141 | 75,497 | 43,188 | |
| Gross Profit | 143,799 | 74,927 | 16,753 | |
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | -127,796 | -193,961 | -131,918 | |
| Tax | ||||
| Profit After Tax | -127,796 | -193,961 | -131,918 | |
| Dividends Paid | ||||
| Retained Profit | -127,796 | -193,961 | -131,918 | |
| Employee Costs | 160,979 | 105,749 | 62,189 | |
| Number Of Employees | 6 | 5 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Sep 2020 | |
|---|---|---|---|---|
| Tangible Assets | 280 | 510 | ||
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 280 | 510 | ||
| Stock & work in progress | ||||
| Trade Debtors | 319,448 | |||
| Group Debtors | ||||
| Misc Debtors | 7,584 | 3,549 | 4,491 | |
| Cash | 2,924,289 | 1,843,045 | 1,821,259 | |
| misc current assets | ||||
| total current assets | 2,931,873 | 1,846,594 | 1,825,750 | 319,448 |
| total assets | 2,932,153 | 1,847,104 | 1,825,750 | 319,448 |
| Bank overdraft | 315 | 168 | ||
| Bank loan | ||||
| Trade Creditors | 2,547,284 | 1,527,714 | 1,504,301 | 5,119 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 350,724 | 330,625 | 138,870 | |
| total current liabilities | 2,898,008 | 1,858,654 | 1,643,339 | 5,119 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | 173,491 | |||
| provisions | ||||
| total long term liabilities | 173,491 | |||
| total liabilities | 3,071,499 | 1,858,654 | 1,643,339 | 5,119 |
| net assets | -139,346 | -11,550 | 182,411 | 314,329 |
| total shareholders funds | -139,346 | -11,550 | 182,411 | 314,329 |
| Dec 2023 | Dec 2022 | Dec 2021 | Sep 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 111 | 70 | ||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 4,035 | -942 | -314,957 | 319,448 |
| Creditors | 1,019,570 | 23,413 | 1,499,182 | 5,119 |
| Accruals and Deferred Income | 20,099 | 191,755 | 138,870 | |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| 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 | 173,491 | |||
| share issue | ||||
| interest | ||||
| cash flow from financing | 173,491 | |||
| cash and cash equivalents | ||||
| cash | 1,081,244 | 21,786 | 1,821,259 | |
| overdraft | -315 | 147 | 168 | |
| change in cash | 1,081,559 | 21,639 | 1,821,091 |
montify ltd Credit Report and Business Information
Montify Ltd Competitor Analysis
Perform a competitor analysis for montify ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC3R area or any other competitors across 12 key performance metrics.
montify ltd Ownership
MONTIFY LTD group structure
Montify Ltd has no subsidiary companies.
Ultimate parent company
MONTIFY LTD
12230765
montify ltd directors
Montify Ltd currently has 2 directors. The longest serving directors include Mr Nikolai Timofejev (Sep 2019) and Mr Paul Sawyer (Nov 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nikolai Timofejev | England | 37 years | Sep 2019 | - | Director |
| Mr Paul Sawyer | England | 64 years | Nov 2022 | - | Director |
P&L
December 2023turnover
193.9k
+29%
operating profit
-252.9k
0%
gross margin
74.2%
+48.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-139.3k
+11.06%
total assets
2.9m
+0.59%
cash
2.9m
+0.59%
net assets
Total assets minus all liabilities
Similar Companies
montify ltd company details
company number
12230765
Type
Private limited with Share Capital
industry
63990 - Other information service activities n.e.c.
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
September 2019
age
6
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
GRUNBERG & CO LTD
address
new london house, 6 london street, london, EC3R 7LP
Bank
-
Legal Advisor
-
montify 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 montify ltd.
montify 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 MONTIFY LTD. This can take several minutes, an email will notify you when this has completed.
montify ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
