meltx limited
meltx limited Company Information
Company Number
13440311
Website
-Registered Address
c/o sylatech limited, kirkdale road, york, north yorkshire, YO62 6PX
Industry
Other research and experimental development on natural sciences and engineering
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
sylatech limited 100%
meltx limited Estimated Valuation
Pomanda estimates the enterprise value of MELTX LIMITED at £476.9k based on a Turnover of £519.3k and 0.92x industry multiple (adjusted for size and gross margin).
meltx limited Estimated Valuation
Pomanda estimates the enterprise value of MELTX LIMITED at £0 based on an EBITDA of £-26.2k and a 4.05x industry multiple (adjusted for size and gross margin).
meltx limited Estimated Valuation
Pomanda estimates the enterprise value of MELTX LIMITED at £0 based on Net Assets of £-93.2k and 2.55x industry multiple (adjusted for liquidity).
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Meltx Limited Overview
Meltx Limited is a live company located in york, YO62 6PX with a Companies House number of 13440311. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in June 2021, it's largest shareholder is sylatech limited with a 100% stake. Meltx Limited is a startup, small sized company, Pomanda has estimated its turnover at £519.3k with unknown growth in recent years.
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Meltx Limited Health Check
Pomanda's financial health check has awarded Meltx 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 £519.3k, make it smaller than the average company (£3.8m)
- Meltx Limited
£3.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Meltx Limited
- - Industry AVG
Production
with a gross margin of 27.1%, this company has a higher cost of product (47.7%)
- Meltx Limited
47.7% - Industry AVG
Profitability
an operating margin of -5% make it less profitable than the average company (4.4%)
- Meltx Limited
4.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (45)
2 - Meltx Limited
45 - Industry AVG
Pay Structure
on an average salary of £55k, the company has an equivalent pay structure (£55k)
- Meltx Limited
£55k - Industry AVG
Efficiency
resulting in sales per employee of £259.6k, this is more efficient (£107.8k)
- Meltx Limited
£107.8k - Industry AVG
Debtor Days
it gets paid by customers after 180 days, this is later than average (49 days)
- Meltx Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 262 days, this is slower than average (46 days)
- Meltx Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Meltx Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Meltx Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 121.7%, this is a higher level of debt than the average (39.2%)
121.7% - Meltx Limited
39.2% - Industry AVG
MELTX LIMITED financials
Meltx Limited's latest turnover from March 2023 is estimated at £519.3 thousand and the company has net assets of -£93.2 thousand. According to their latest financial statements, Meltx Limited has 2 employees 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 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Tangible Assets | 172,750 | 161,362 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 172,750 | 161,362 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 256,382 | 134,619 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 256,382 | 134,619 |
| total assets | 429,132 | 295,981 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 272,338 | 363,004 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 272,338 | 363,004 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 250,000 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 250,000 | 0 |
| total liabilities | 522,338 | 363,004 |
| net assets | -93,206 | -67,023 |
| total shareholders funds | -93,206 | -67,023 |
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 121,763 | 134,619 |
| Creditors | -90,666 | 363,004 |
| 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 | 250,000 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
meltx limited Credit Report and Business Information
Meltx Limited Competitor Analysis
Perform a competitor analysis for meltx limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in YO62 area or any other competitors across 12 key performance metrics.
meltx limited Ownership
MELTX LIMITED group structure
Meltx Limited has no subsidiary companies.
Ultimate parent company
2 parents
MELTX LIMITED
13440311
meltx limited directors
Meltx Limited currently has 2 directors. The longest serving directors include Mr William Shaw (Jun 2021) and Mr Charles Breese (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Shaw | England | 52 years | Jun 2021 | - | Director |
| Mr Charles Breese | United Kingdom | 51 years | Jun 2021 | - | Director |
P&L
March 2023turnover
519.3k
+38%
operating profit
-26.2k
0%
gross margin
27.1%
+7.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-93.2k
+0.39%
total assets
429.1k
+0.45%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
meltx limited company details
company number
13440311
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
June 2021
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
c/o sylatech limited, kirkdale road, york, north yorkshire, YO62 6PX
Bank
-
Legal Advisor
-
meltx 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 meltx limited.
meltx limited Companies House Filings - See Documents
| date | description | view/download |
|---|
