mthd project limited
mthd project limited Company Information
Company Number
12710392
Website
-Registered Address
26 st. james's square, london, SW1Y 4JH
Industry
Operation of sports facilities
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
annacha limited 100%
mthd project limited Estimated Valuation
Pomanda estimates the enterprise value of MTHD PROJECT LIMITED at £88.2k based on a Turnover of £70k and 1.26x industry multiple (adjusted for size and gross margin).
mthd project limited Estimated Valuation
Pomanda estimates the enterprise value of MTHD PROJECT LIMITED at £0 based on an EBITDA of £-534.5k and a 6.3x industry multiple (adjusted for size and gross margin).
mthd project limited Estimated Valuation
Pomanda estimates the enterprise value of MTHD PROJECT LIMITED at £0 based on Net Assets of £-859.7k and 2.13x industry multiple (adjusted for liquidity).
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Mthd Project Limited Overview
Mthd Project Limited is a live company located in london, SW1Y 4JH with a Companies House number of 12710392. It operates in the operation of sports facilities sector, SIC Code 93110. Founded in July 2020, it's largest shareholder is annacha limited with a 100% stake. Mthd Project Limited is a startup, micro sized company, Pomanda has estimated its turnover at £70k with unknown growth in recent years.
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Mthd Project Limited Health Check
Pomanda's financial health check has awarded Mthd Project Limited a 2 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 £70k, make it smaller than the average company (£898.7k)
£70k - Mthd Project Limited
£898.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mthd Project Limited
- - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (51.4%)
100% - Mthd Project Limited
51.4% - Industry AVG
Profitability
an operating margin of -786.9% make it less profitable than the average company (4.4%)
-786.9% - Mthd Project Limited
4.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (28)
1 - Mthd Project Limited
28 - Industry AVG
Pay Structure
on an average salary of £20.4k, the company has an equivalent pay structure (£20.4k)
- Mthd Project Limited
£20.4k - Industry AVG
Efficiency
resulting in sales per employee of £70k, this is more efficient (£48.3k)
£70k - Mthd Project Limited
£48.3k - Industry AVG
Debtor Days
it gets paid by customers after 170 days, this is later than average (8 days)
170 days - Mthd Project Limited
8 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mthd Project Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mthd Project Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (36 weeks)
2 weeks - Mthd Project Limited
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 124.7%, this is a higher level of debt than the average (45.3%)
124.7% - Mthd Project Limited
45.3% - Industry AVG
MTHD PROJECT LIMITED financials
Mthd Project Limited's latest turnover from December 2023 is £70 thousand and the company has net assets of -£859.7 thousand. According to their latest financial statements, Mthd Project Limited has 1 employee and maintains cash reserves of £186 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Jul 2021 | |
|---|---|---|---|
| Turnover | 69,966 | 0 | |
| Other Income Or Grants | 0 | 0 | |
| Cost Of Sales | 0 | 0 | |
| Gross Profit | 69,966 | 0 | |
| Admin Expenses | 620,561 | 159,029 | |
| Operating Profit | -550,595 | -159,029 | |
| Interest Payable | 0 | 0 | |
| Interest Receivable | 12 | 0 | |
| Pre-Tax Profit | -550,583 | -159,029 | |
| Tax | 137,183 | 39,738 | |
| Profit After Tax | -413,400 | -119,291 | |
| Dividends Paid | 0 | 0 | |
| Retained Profit | -413,400 | -119,291 | |
| Employee Costs | |||
| Number Of Employees | 1 | 1 | 1 |
| EBITDA* | -534,488 | -159,029 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Jul 2021 | |
|---|---|---|---|
| Tangible Assets | 402,986 | 40,864 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 2,553,937 | 120,051 | 0 |
| Debtors (Due After 1 year) | 285,935 | 148,752 | 0 |
| Total Fixed Assets | 3,242,858 | 309,667 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 32,722 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 25,444 | 74,268 | 118,107 |
| Cash | 186,041 | 71,477 | 178,596 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 244,207 | 145,745 | 296,703 |
| total assets | 3,487,065 | 455,412 | 296,703 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 50,279 | 685 | 93,282 |
| Group/Directors Accounts | 0 | 900,900 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 4,296,491 | 132 | 0 |
| total current liabilities | 4,346,770 | 901,717 | 93,282 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 500,900 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 500,900 |
| total liabilities | 4,346,770 | 901,717 | 594,182 |
| net assets | -859,705 | -446,305 | -297,479 |
| total shareholders funds | -859,705 | -446,305 | -297,479 |
| Dec 2023 | Dec 2022 | Jul 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -550,595 | -159,029 | |
| Depreciation | 16,107 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | 137,183 | 39,738 | |
| Stock | 0 | 0 | 0 |
| Debtors | 121,081 | 104,913 | 118,107 |
| Creditors | 49,594 | -92,597 | 93,282 |
| Accruals and Deferred Income | 4,296,359 | 132 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | 3,827,567 | -316,669 | |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 2,433,886 | 120,051 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | -900,900 | 900,900 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | -500,900 | 500,900 |
| share issue | |||
| interest | 12 | 0 | |
| cash flow from financing | -900,888 | 370,465 | |
| cash and cash equivalents | |||
| cash | 114,564 | -107,119 | 178,596 |
| overdraft | 0 | 0 | 0 |
| change in cash | 114,564 | -107,119 | 178,596 |
mthd project limited Credit Report and Business Information
Mthd Project Limited Competitor Analysis
Perform a competitor analysis for mthd project limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in SW1Y area or any other competitors across 12 key performance metrics.
mthd project limited Ownership
MTHD PROJECT LIMITED group structure
Mthd Project Limited has no subsidiary companies.
Ultimate parent company
ANNACHA LTD
#0145864
1 parent
MTHD PROJECT LIMITED
12710392
mthd project limited directors
Mthd Project Limited currently has 2 directors. The longest serving directors include Mr Nicholas Fallows (Jul 2020) and Mr Nicholas Fallows (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Fallows | England | 56 years | Jul 2020 | - | Director |
| Mr Nicholas Fallows | United Kingdom | 56 years | Jul 2020 | - | Director |
P&L
December 2023turnover
70k
0%
operating profit
-550.6k
+246%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-859.7k
+0.93%
total assets
3.5m
+6.66%
cash
186k
+1.6%
net assets
Total assets minus all liabilities
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mthd project limited company details
company number
12710392
Type
Private limited with Share Capital
industry
93110 - Operation of sports facilities
incorporation date
July 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
26 st. james's square, london, SW1Y 4JH
Bank
-
Legal Advisor
-
mthd project 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 mthd project limited.
mthd project limited Companies House Filings - See Documents
| date | description | view/download |
|---|
