mlate ltd
mlate ltd Company Information
Company Number
12302860
Next Accounts
Aug 2025
Industry
Management consultancy activities (other than financial management)
Directors
Shareholders
margaret lustman
Group Structure
View All
Contact
Registered Address
49 exeter road, london, NW2 4SE
Website
-mlate ltd Estimated Valuation
Pomanda estimates the enterprise value of MLATE LTD at £66.2k based on a Turnover of £120.3k and 0.55x industry multiple (adjusted for size and gross margin).
mlate ltd Estimated Valuation
Pomanda estimates the enterprise value of MLATE LTD at £0 based on an EBITDA of £-43.4k and a 4.22x industry multiple (adjusted for size and gross margin).
mlate ltd Estimated Valuation
Pomanda estimates the enterprise value of MLATE LTD at £2.3k based on Net Assets of £845 and 2.68x industry multiple (adjusted for liquidity).
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Mlate Ltd Overview
Mlate Ltd is a live company located in london, NW2 4SE with a Companies House number of 12302860. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in November 2019, it's largest shareholder is margaret lustman with a 100% stake. Mlate Ltd is a young, micro sized company, Pomanda has estimated its turnover at £120.3k with high growth in recent years.
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Mlate Ltd Health Check
Pomanda's financial health check has awarded Mlate Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £120.3k, make it smaller than the average company (£428.4k)
- Mlate Ltd
£428.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (7.7%)
- Mlate Ltd
7.7% - Industry AVG
Production
with a gross margin of 59.5%, this company has a comparable cost of product (59.5%)
- Mlate Ltd
59.5% - Industry AVG
Profitability
an operating margin of -36.3% make it less profitable than the average company (7.9%)
- Mlate Ltd
7.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Mlate Ltd
5 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Mlate Ltd
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £120.3k, this is equally as efficient (£120.3k)
- Mlate Ltd
£120.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mlate Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mlate Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mlate Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 80 weeks, this is more cash available to meet short term requirements (26 weeks)
80 weeks - Mlate Ltd
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63%, this is a higher level of debt than the average (54.5%)
63% - Mlate Ltd
54.5% - Industry AVG
MLATE LTD financials
Mlate Ltd's latest turnover from November 2023 is estimated at £120.3 thousand and the company has net assets of £845. According to their latest financial statements, Mlate Ltd has 1 employee and maintains cash reserves of £2.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 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 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 200 | 602 | 1,004 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 200 | 602 | 1,004 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 6,000 | 34,000 | 11,665 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 58 | 0 | 0 | 0 |
| Cash | 2,224 | 43,075 | 47,395 | 47,816 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 2,282 | 49,075 | 81,395 | 59,481 |
| total assets | 2,282 | 49,275 | 81,997 | 60,485 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 187 | 953 | 25,133 | 35,703 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 1,250 | 5,028 | 10,273 | 10,477 |
| total current liabilities | 1,437 | 5,981 | 35,406 | 46,180 |
| 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 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 1,437 | 5,981 | 35,406 | 46,180 |
| net assets | 845 | 43,294 | 46,591 | 14,305 |
| total shareholders funds | 845 | 43,294 | 46,591 | 14,305 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 200 | 402 | 402 | 201 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -5,942 | -28,000 | 22,335 | 11,665 |
| Creditors | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -3,778 | -5,245 | -204 | 10,477 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -766 | -24,180 | -10,570 | 35,703 |
| 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 | -40,851 | -4,320 | -421 | 47,816 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -40,851 | -4,320 | -421 | 47,816 |
mlate ltd Credit Report and Business Information
Mlate Ltd Competitor Analysis
Perform a competitor analysis for mlate ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NW2 area or any other competitors across 12 key performance metrics.
mlate ltd Ownership
MLATE LTD group structure
Mlate Ltd has no subsidiary companies.
Ultimate parent company
MLATE LTD
12302860
mlate ltd directors
Mlate Ltd currently has 1 director, Ms Margaret Lustman serving since Nov 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Margaret Lustman | 62 years | Nov 2019 | - | Director |
P&L
November 2023turnover
120.3k
+106%
operating profit
-43.6k
0%
gross margin
59.6%
+0.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
845
-0.98%
total assets
2.3k
-0.95%
cash
2.2k
-0.95%
net assets
Total assets minus all liabilities
mlate ltd company details
company number
12302860
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
November 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
49 exeter road, london, NW2 4SE
Bank
-
Legal Advisor
-
mlate 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 mlate ltd.
mlate 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 MLATE LTD. This can take several minutes, an email will notify you when this has completed.
mlate ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
