Pomanda estimates the enterprise value of NO.42 MARGATE LTD at £2.2m based on a Turnover of £1.9m and 1.16x industry multiple (adjusted for size and gross margin).
no.42 margate ltdEstimated Valuation
£662.9k
Pomanda estimates the enterprise value of NO.42 MARGATE LTD at £662.9k based on an EBITDA of £142.6k and a 4.65x industry multiple (adjusted for size and gross margin).
no.42 margate ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of NO.42 MARGATE LTD at £0 based on Net Assets of £-1m and 2.09x industry multiple (adjusted for liquidity).
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No.42 Margate LtdOverview
No.42 Margate Ltd is a live company located in london, SW15 1JR with a Companies House number of 13723220. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in November 2021, it's largest shareholder is
guest holdings ltd
with a 100% stake. No.42 Margate Ltd is a startup,
small sized company, Pomanda has estimated its turnover at
£1.9m with
unknown
growth in recent years.
Pomanda's financial health check has awarded No.42 Margate Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
2 Regular
7 Weak
Size
annual sales of £1.9m, make it smaller than the average company (£5.3m)
£1.9m - No.42 Margate Ltd
£5.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - No.42 Margate Ltd
- - Industry AVG
Production
with a gross margin of 64.5%, this company has a comparable cost of product (64.5%)
64.5% - No.42 Margate Ltd
64.5% - Industry AVG
Profitability
an operating margin of -28.1% make it less profitable than the average company (8.2%)
-28.1% - No.42 Margate Ltd
8.2% - Industry AVG
Employees
with 46 employees, this is below the industry average (87)
46 - No.42 Margate Ltd
87 - Industry AVG
Pay Structure
on an average salary of £23.5k, the company has an equivalent pay structure (£23.5k)
£23.5k - No.42 Margate Ltd
£23.5k - Industry AVG
Efficiency
resulting in sales per employee of £41k, this is less efficient (£68.5k)
£41k - No.42 Margate Ltd
£68.5k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (6 days)
2 days - No.42 Margate Ltd
6 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (45 days)
73 days - No.42 Margate Ltd
45 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is more than average (8 days)
19 days - No.42 Margate Ltd
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - No.42 Margate Ltd
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.3%, this is a higher level of debt than the average (72.9%)
109.3% - No.42 Margate Ltd
72.9% - Industry AVG
NO.42 MARGATE LTD financials
EXPORT
No.42 Margate Ltd's latest turnover from March 2024 is estimated at £1.9 million and the company has net assets of -£1 million. According to their latest financial statements, No.42 Margate Ltd has 46 employees and maintains cash reserves of £55.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Turnover
1,886,286
272,689
Other Income Or Grants
Cost Of Sales
670,326
98,776
Gross Profit
1,215,960
173,912
Admin Expenses
1,745,743
574,918
104,514
Operating Profit
-529,783
-401,006
-104,514
Interest Payable
Interest Receivable
2,038
1,090
Pre-Tax Profit
-527,745
-399,916
-104,514
Tax
Profit After Tax
-527,745
-399,916
-104,514
Dividends Paid
Retained Profit
-527,745
-399,916
-104,514
Employee Costs
1,081,277
66,711
59,690
Number Of Employees
46
3
3
EBITDA*
142,559
-222,964
-59,802
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Tangible Assets
9,750,592
5,253,345
2,907,530
Intangible Assets
48,635
19,704
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
9,799,227
5,273,049
2,907,530
Stock & work in progress
36,075
Trade Debtors
10,670
Group Debtors
25,100
Misc Debtors
1,162,786
475,799
9,044
Cash
55,357
22,272
29,036
misc current assets
total current assets
1,264,888
498,071
63,180
total assets
11,064,115
5,771,120
2,970,710
Bank overdraft
Bank loan
Trade Creditors
134,172
343,981
10,665
Group/Directors Accounts
11,723,742
5,482,294
3,011,054
other short term finances
hp & lease commitments
other current liabilities
238,276
449,175
53,405
total current liabilities
12,096,190
6,275,450
3,075,124
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
12,096,190
6,275,450
3,075,124
net assets
-1,032,075
-504,330
-104,414
total shareholders funds
-1,032,075
-504,330
-104,414
Mar 2024
Mar 2023
Mar 2022
Operating Activities
Operating Profit
-529,783
-401,006
-104,514
Depreciation
651,852
175,274
44,712
Amortisation
20,490
2,768
Tax
Stock
36,075
Debtors
697,657
441,655
34,144
Creditors
-209,809
333,316
10,665
Accruals and Deferred Income
-210,899
395,770
53,405
Deferred Taxes & Provisions
Cash flow from operations
-1,011,881
64,467
-29,876
Investing Activities
capital expenditure
-5,198,520
-2,543,561
-2,952,242
Change in Investments
cash flow from investments
-5,198,520
-2,543,561
-2,952,242
Financing Activities
Bank loans
Group/Directors Accounts
6,241,448
2,471,240
3,011,054
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
2,038
1,090
cash flow from financing
6,243,486
2,472,330
3,011,154
cash and cash equivalents
cash
33,085
-6,764
29,036
overdraft
change in cash
33,085
-6,764
29,036
no.42 margate ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for no.42 margate ltd. Get real-time insights into no.42 margate ltd's credit score, group structure and payment trends.
Perform a competitor analysis for no.42 margate ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in SW15 area or any other competitors across 12 key performance metrics.
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 no.42 margate ltd.
no.42 margate 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.
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no.42 margate ltdCompanies House Filings - See Documents
