madison projectco 6 limited
madison projectco 6 limited Company Information
Company Number
13745538
Next Accounts
177 days late
Shareholders
madison (holdco) limited
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
1-3 portland place, portland place, london, W1B 1PN
Website
-madison projectco 6 limited Estimated Valuation
Pomanda estimates the enterprise value of MADISON PROJECTCO 6 LIMITED at £1.8m based on a Turnover of £1.6m and 1.14x industry multiple (adjusted for size and gross margin).
madison projectco 6 limited Estimated Valuation
Pomanda estimates the enterprise value of MADISON PROJECTCO 6 LIMITED at £2.3m based on an EBITDA of £515k and a 4.56x industry multiple (adjusted for size and gross margin).
madison projectco 6 limited Estimated Valuation
Pomanda estimates the enterprise value of MADISON PROJECTCO 6 LIMITED at £664.8k based on Net Assets of £318.4k and 2.09x industry multiple (adjusted for liquidity).
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Madison Projectco 6 Limited Overview
Madison Projectco 6 Limited is a live company located in london, W1B 1PN with a Companies House number of 13745538. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in November 2021, it's largest shareholder is madison (holdco) limited with a 100% stake. Madison Projectco 6 Limited is a startup, small sized company, Pomanda has estimated its turnover at £1.6m with unknown growth in recent years.
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Madison Projectco 6 Limited Health Check
Pomanda's financial health check has awarded Madison Projectco 6 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£4.1m)
£1.6m - Madison Projectco 6 Limited
£4.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Madison Projectco 6 Limited
- - Industry AVG
Production
with a gross margin of 66.7%, this company has a comparable cost of product (61.6%)
66.7% - Madison Projectco 6 Limited
61.6% - Industry AVG
Profitability
an operating margin of 30.9% make it more profitable than the average company (7.9%)
30.9% - Madison Projectco 6 Limited
7.9% - Industry AVG
Employees
with 18 employees, this is below the industry average (70)
18 - Madison Projectco 6 Limited
70 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Madison Projectco 6 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £87.5k, this is more efficient (£64.2k)
£87.5k - Madison Projectco 6 Limited
£64.2k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (9 days)
77 days - Madison Projectco 6 Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 220 days, this is slower than average (50 days)
220 days - Madison Projectco 6 Limited
50 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is more than average (8 days)
15 days - Madison Projectco 6 Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 44 weeks, this is more cash available to meet short term requirements (7 weeks)
44 weeks - Madison Projectco 6 Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.4%, this is a higher level of debt than the average (77.9%)
96.4% - Madison Projectco 6 Limited
77.9% - Industry AVG
MADISON PROJECTCO 6 LIMITED financials
Madison Projectco 6 Limited's latest turnover from December 2022 is £1.6 million and the company has net assets of £318.4 thousand. According to their latest financial statements, Madison Projectco 6 Limited has 18 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | |
|---|---|
| Turnover | 1,575,049 |
| Other Income Or Grants | |
| Cost Of Sales | 524,946 |
| Gross Profit | 1,050,103 |
| Admin Expenses | 563,481 |
| Operating Profit | 486,622 |
| Interest Payable | 85,996 |
| Interest Receivable | |
| Pre-Tax Profit | 400,626 |
| Tax | -82,213 |
| Profit After Tax | 318,413 |
| Dividends Paid | |
| Retained Profit | 318,413 |
| Employee Costs | |
| Number Of Employees | 18 |
| EBITDA* | 515,047 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | |
|---|---|
| Tangible Assets | 7,192,925 |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 7,192,925 |
| Stock & work in progress | 21,887 |
| Trade Debtors | 334,853 |
| Group Debtors | |
| Misc Debtors | 141,352 |
| Cash | 1,071,008 |
| misc current assets | |
| total current assets | 1,569,100 |
| total assets | 8,762,025 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 317,494 |
| Group/Directors Accounts | 85,996 |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | 859,430 |
| total current liabilities | 1,262,920 |
| loans | 7,180,691 |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | 7,180,691 |
| total liabilities | 8,443,611 |
| net assets | 318,414 |
| total shareholders funds | 318,414 |
| Dec 2022 | |
|---|---|
| Operating Activities | |
| Operating Profit | 486,622 |
| Depreciation | 28,425 |
| Amortisation | |
| Tax | -82,213 |
| Stock | 21,887 |
| Debtors | 476,205 |
| Creditors | 317,494 |
| Accruals and Deferred Income | 859,430 |
| Deferred Taxes & Provisions | |
| Cash flow from operations | 1,111,666 |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | |
| Group/Directors Accounts | 85,996 |
| Other Short Term Loans | |
| Long term loans | 7,180,691 |
| Hire Purchase and Lease Commitments | |
| other long term liabilities | |
| share issue | |
| interest | -85,996 |
| cash flow from financing | 7,180,692 |
| cash and cash equivalents | |
| cash | 1,071,008 |
| overdraft | |
| change in cash | 1,071,008 |
madison projectco 6 limited Credit Report and Business Information
Madison Projectco 6 Limited Competitor Analysis
Perform a competitor analysis for madison projectco 6 limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in W1B area or any other competitors across 12 key performance metrics.
madison projectco 6 limited Ownership
MADISON PROJECTCO 6 LIMITED group structure
Madison Projectco 6 Limited has no subsidiary companies.
madison projectco 6 limited directors
Madison Projectco 6 Limited currently has 3 directors. The longest serving directors include Mr Richard Warren (Nov 2021) and Mr Richard Warren (Nov 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Warren | 45 years | Nov 2021 | - | Director | |
| Mr Richard Warren | 45 years | Nov 2021 | - | Director | |
| Mr Aneil Handa | England | 34 years | Nov 2021 | - | Director |
P&L
December 2022turnover
1.6m
0%
operating profit
486.6k
0%
gross margin
66.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
318.4k
0%
total assets
8.8m
0%
cash
1.1m
0%
net assets
Total assets minus all liabilities
Similar Companies
madison projectco 6 limited company details
company number
13745538
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
November 2021
age
4
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
minhoco 68 limited (January 2023)
accountant
UNW LLP
auditor
BDO LIMITED
address
1-3 portland place, portland place, london, W1B 1PN
Bank
-
Legal Advisor
-
madison projectco 6 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 madison projectco 6 limited.
madison projectco 6 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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madison projectco 6 limited Companies House Filings - See Documents
| date | description | view/download |
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