my contracts limited
my contracts limited Company Information
Company Number
13097825
Next Accounts
Jun 2025
Shareholders
myc trading group limited
Group Structure
View All
Industry
Construction of commercial buildings
+1Registered Address
5 beauchamp court, victors way, barnet, london, EN5 5TZ
Website
-my contracts limited Estimated Valuation
Pomanda estimates the enterprise value of MY CONTRACTS LIMITED at £9.1m based on a Turnover of £18.8m and 0.48x industry multiple (adjusted for size and gross margin).
my contracts limited Estimated Valuation
Pomanda estimates the enterprise value of MY CONTRACTS LIMITED at £10.7m based on an EBITDA of £2.3m and a 4.69x industry multiple (adjusted for size and gross margin).
my contracts limited Estimated Valuation
Pomanda estimates the enterprise value of MY CONTRACTS LIMITED at £1.9m based on Net Assets of £1.3m and 1.43x industry multiple (adjusted for liquidity).
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My Contracts Limited Overview
My Contracts Limited is a live company located in barnet, EN5 5TZ with a Companies House number of 13097825. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in December 2020, it's largest shareholder is myc trading group limited with a 100% stake. My Contracts Limited is a young, mid sized company, Pomanda has estimated its turnover at £18.8m with unknown growth in recent years.
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My Contracts Limited Health Check
Pomanda's financial health check has awarded My Contracts Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £18.8m, make it larger than the average company (£5.5m)
- My Contracts Limited
£5.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- My Contracts Limited
- - Industry AVG
Production
with a gross margin of 18.1%, this company has a comparable cost of product (18.1%)
- My Contracts Limited
18.1% - Industry AVG
Profitability
an operating margin of 12% make it more profitable than the average company (4.7%)
- My Contracts Limited
4.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (16)
2 - My Contracts Limited
16 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
- My Contracts Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £9.4m, this is more efficient (£267.1k)
- My Contracts Limited
£267.1k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (36 days)
- My Contracts Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (35 days)
- My Contracts Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- My Contracts Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (18 weeks)
13 weeks - My Contracts Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.9%, this is a higher level of debt than the average (70.4%)
78.9% - My Contracts Limited
70.4% - Industry AVG
MY CONTRACTS LIMITED financials
My Contracts Limited's latest turnover from September 2023 is estimated at £18.8 million and the company has net assets of £1.3 million. According to their latest financial statements, My Contracts Limited has 2 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| 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 | 2 | 9 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Tangible Assets | 37,603 | ||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 37,603 | ||
| Stock & work in progress | |||
| Trade Debtors | 3,975,926 | 1,017,237 | 206,541 |
| Group Debtors | 304,727 | 185,000 | |
| Misc Debtors | 577,582 | 392,029 | |
| Cash | 1,300,125 | 658,833 | 40,929 |
| misc current assets | |||
| total current assets | 6,158,360 | 2,253,099 | 247,470 |
| total assets | 6,195,963 | 2,253,099 | 247,470 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 1,303,293 | 2,533,251 | |
| Group/Directors Accounts | 919,547 | 12,805 | 900 |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 2,629,095 | 137,631 | 80,345 |
| total current liabilities | 4,851,935 | 2,683,687 | 81,245 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | 27,042 | ||
| provisions | 9,401 | ||
| total long term liabilities | 36,443 | ||
| total liabilities | 4,888,378 | 2,683,687 | 81,245 |
| net assets | 1,307,585 | -430,588 | 166,225 |
| total shareholders funds | 1,307,585 | -430,588 | 166,225 |
| Sep 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 8,558 | ||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 3,263,969 | 1,387,725 | 206,541 |
| Creditors | -1,229,958 | 2,533,251 | |
| Accruals and Deferred Income | 2,491,464 | 57,286 | 80,345 |
| Deferred Taxes & Provisions | 9,401 | ||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 906,742 | 11,905 | 900 |
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | 27,042 | ||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 641,292 | 617,904 | 40,929 |
| overdraft | |||
| change in cash | 641,292 | 617,904 | 40,929 |
my contracts limited Credit Report and Business Information
My Contracts Limited Competitor Analysis
Perform a competitor analysis for my contracts limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in EN5 area or any other competitors across 12 key performance metrics.
my contracts limited Ownership
MY CONTRACTS LIMITED group structure
My Contracts Limited has no subsidiary companies.
Ultimate parent company
2 parents
MY CONTRACTS LIMITED
13097825
my contracts limited directors
My Contracts Limited currently has 3 directors. The longest serving directors include Mr Yoav Tal (Dec 2020) and Mr Robert Memery (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Yoav Tal | United Kingdom | 54 years | Dec 2020 | - | Director |
| Mr Robert Memery | United Kingdom | 39 years | Jan 2023 | - | Director |
| Mr Harish Shah | 69 years | Apr 2023 | - | Director |
P&L
September 2023turnover
18.8m
+52%
operating profit
2.3m
0%
gross margin
18.2%
+6.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
1.3m
-4.04%
total assets
6.2m
+1.75%
cash
1.3m
+0.97%
net assets
Total assets minus all liabilities
Similar Companies
my contracts limited company details
company number
13097825
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
incorporation date
December 2020
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
my construction & contracts limited (May 2023)
accountant
EVANS MOCKLER LIMITED
auditor
-
address
5 beauchamp court, victors way, barnet, london, EN5 5TZ
Bank
-
Legal Advisor
-
my contracts 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 my contracts limited.
my contracts limited 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.
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my contracts limited Companies House Filings - See Documents
| date | description | view/download |
|---|
