mem ventures limited
mem ventures limited Company Information
Company Number
13282984
Website
-Registered Address
20 goodge place, london, W1T 4SH
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Waqas Shahid3 Years
Shareholders
mohamed ishfaaq moosa 100%
mem ventures limited Estimated Valuation
Pomanda estimates the enterprise value of MEM VENTURES LIMITED at £1.2m based on a Turnover of £724k and 1.68x industry multiple (adjusted for size and gross margin).
mem ventures limited Estimated Valuation
Pomanda estimates the enterprise value of MEM VENTURES LIMITED at £40.2k based on an EBITDA of £9.7k and a 4.12x industry multiple (adjusted for size and gross margin).
mem ventures limited Estimated Valuation
Pomanda estimates the enterprise value of MEM VENTURES LIMITED at £18.9k based on Net Assets of £15.4k and 1.23x industry multiple (adjusted for liquidity).
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Mem Ventures Limited Overview
Mem Ventures Limited is a live company located in london, W1T 4SH with a Companies House number of 13282984. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2021, it's largest shareholder is mohamed ishfaaq moosa with a 100% stake. Mem Ventures Limited is a startup, small sized company, Pomanda has estimated its turnover at £724k with unknown growth in recent years.
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Mem Ventures Limited Health Check
Pomanda's financial health check has awarded Mem Ventures Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £724k, make it smaller than the average company (£908k)
- Mem Ventures Limited
£908k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mem Ventures Limited
- - Industry AVG
Production
with a gross margin of 26.9%, this company has a higher cost of product (66.6%)
- Mem Ventures Limited
66.6% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (35.4%)
- Mem Ventures Limited
35.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Mem Ventures Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.7k, the company has an equivalent pay structure (£36.7k)
- Mem Ventures Limited
£36.7k - Industry AVG
Efficiency
resulting in sales per employee of £724k, this is more efficient (£200.4k)
- Mem Ventures Limited
£200.4k - Industry AVG
Debtor Days
it gets paid by customers after 138 days, this is later than average (26 days)
- Mem Ventures Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (30 days)
- Mem Ventures Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mem Ventures Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mem Ventures Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.4%, this is a higher level of debt than the average (63.5%)
94.4% - Mem Ventures Limited
63.5% - Industry AVG
MEM VENTURES LIMITED financials
Mem Ventures Limited's latest turnover from March 2023 is estimated at £724 thousand and the company has net assets of £15.4 thousand. According to their latest financial statements, Mem Ventures Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | |
|---|---|---|
| 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 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Tangible Assets | 1 | 1 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 1 | 1 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 274,720 | 267,604 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 274,720 | 267,604 |
| total assets | 274,721 | 267,605 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 3,877 | 2,151 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 3,877 | 2,151 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 255,488 | 257,988 |
| provisions | 0 | 0 |
| total long term liabilities | 255,488 | 257,988 |
| total liabilities | 259,365 | 260,139 |
| net assets | 15,356 | 7,466 |
| total shareholders funds | 15,356 | 7,466 |
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 7,116 | 267,604 |
| Creditors | 1,726 | 2,151 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | -2,500 | 257,988 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
mem ventures limited Credit Report and Business Information
Mem Ventures Limited Competitor Analysis
Perform a competitor analysis for mem ventures limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in W1T area or any other competitors across 12 key performance metrics.
mem ventures limited Ownership
MEM VENTURES LIMITED group structure
Mem Ventures Limited has no subsidiary companies.
Ultimate parent company
MEM VENTURES LIMITED
13282984
mem ventures limited directors
Mem Ventures Limited currently has 1 director, Mr Waqas Shahid serving since Mar 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Waqas Shahid | England | 39 years | Mar 2021 | - | Director |
P&L
March 2023turnover
724k
+16%
operating profit
9.7k
0%
gross margin
26.9%
+4.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
15.4k
+1.06%
total assets
274.7k
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
mem ventures limited company details
company number
13282984
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
March 2021
age
3
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
20 goodge place, london, W1T 4SH
accountant
-
auditor
-
mem ventures 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 mem ventures limited.
mem ventures limited Companies House Filings - See Documents
| date | description | view/download |
|---|
