mmcg topco holdings ltd
mmcg topco holdings ltd Company Information
Company Number
13863881
Website
-Registered Address
westcourt gelderd road, leeds, west yorkshire, LS12 6DB
Industry
Activities of head offices
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
burgan family holdings limited 60.9%
lynne burgan 30.3%
View Allmmcg topco holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of MMCG TOPCO HOLDINGS LTD at £1.1b based on a Turnover of £172.1m and 6.55x industry multiple (adjusted for size and gross margin).
mmcg topco holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of MMCG TOPCO HOLDINGS LTD at £25.8m based on an EBITDA of £2.3m and a 11.33x industry multiple (adjusted for size and gross margin).
mmcg topco holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of MMCG TOPCO HOLDINGS LTD at £0 based on Net Assets of £-3.7m and 3.66x industry multiple (adjusted for liquidity).
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Mmcg Topco Holdings Ltd Overview
Mmcg Topco Holdings Ltd is a live company located in west yorkshire, LS12 6DB with a Companies House number of 13863881. It operates in the activities of head offices sector, SIC Code 70100. Founded in January 2022, it's largest shareholder is burgan family holdings limited with a 60.9% stake. Mmcg Topco Holdings Ltd is a startup, mega sized company, Pomanda has estimated its turnover at £172.1m with unknown growth in recent years.
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Mmcg Topco Holdings Ltd Health Check
Pomanda's financial health check has awarded Mmcg Topco Holdings Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £172.1m, make it larger than the average company (£19.1m)
£172.1m - Mmcg Topco Holdings Ltd
£19.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mmcg Topco Holdings Ltd
- - Industry AVG
Production
with a gross margin of 35.6%, this company has a comparable cost of product (32.9%)
35.6% - Mmcg Topco Holdings Ltd
32.9% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (6.1%)
-0.8% - Mmcg Topco Holdings Ltd
6.1% - Industry AVG
Employees
with 3755 employees, this is above the industry average (118)
3755 - Mmcg Topco Holdings Ltd
118 - Industry AVG
Pay Structure
on an average salary of £28.8k, the company has a lower pay structure (£43k)
£28.8k - Mmcg Topco Holdings Ltd
£43k - Industry AVG
Efficiency
resulting in sales per employee of £45.8k, this is less efficient (£172k)
£45.8k - Mmcg Topco Holdings Ltd
£172k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (47 days)
19 days - Mmcg Topco Holdings Ltd
47 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (47 days)
36 days - Mmcg Topco Holdings Ltd
47 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (49 days)
0 days - Mmcg Topco Holdings Ltd
49 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (17 weeks)
3 weeks - Mmcg Topco Holdings Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 108.4%, this is a higher level of debt than the average (57%)
108.4% - Mmcg Topco Holdings Ltd
57% - Industry AVG
MMCG TOPCO HOLDINGS LTD financials
Mmcg Topco Holdings Ltd's latest turnover from September 2022 is £172.1 million and the company has net assets of -£3.7 million. According to their latest financial statements, Mmcg Topco Holdings Ltd has 3,755 employees and maintains cash reserves of £2.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | |
|---|---|---|
| Turnover | 172,103,000 | 209,162,000 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 110,820,000 | 127,461,000 |
| Gross Profit | 61,283,000 | 81,701,000 |
| Admin Expenses | 62,660,000 | 79,050,000 |
| Operating Profit | -1,377,000 | 2,651,000 |
| Interest Payable | 775,000 | 332,000 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | -2,152,000 | 2,707,000 |
| Tax | 692,000 | 546,000 |
| Profit After Tax | -1,460,000 | 3,253,000 |
| Dividends Paid | 0 | 0 |
| Retained Profit | -1,460,000 | 3,253,000 |
| Employee Costs | 108,239,000 | 131,305,000 |
| Number Of Employees | 3,755 | 3,725 |
| EBITDA* | 2,278,000 | 7,047,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | |
|---|---|---|
| Tangible Assets | 12,364,000 | 11,194,000 |
| Intangible Assets | 442,000 | 618,000 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 12,806,000 | 11,812,000 |
| Stock & work in progress | 81,000 | 81,000 |
| Trade Debtors | 9,398,000 | 8,738,000 |
| Group Debtors | 6,127,000 | 5,582,000 |
| Misc Debtors | 13,826,000 | 10,123,000 |
| Cash | 2,248,000 | 2,518,000 |
| misc current assets | 0 | 0 |
| total current assets | 31,680,000 | 27,042,000 |
| total assets | 44,486,000 | 38,854,000 |
| Bank overdraft | 0 | 0 |
| Bank loan | 498,000 | 603,000 |
| Trade Creditors | 11,182,000 | 9,279,000 |
| Group/Directors Accounts | 0 | 37,000 |
| other short term finances | 0 | 959,000 |
| hp & lease commitments | 819,000 | 557,000 |
| other current liabilities | 19,311,000 | 22,964,000 |
| total current liabilities | 31,810,000 | 34,399,000 |
| loans | 8,226,000 | 499,000 |
| hp & lease commitments | 1,404,000 | 676,000 |
| Accruals and Deferred Income | 5,155,000 | 5,439,000 |
| other liabilities | 0 | 0 |
| provisions | 1,624,000 | 114,000 |
| total long term liabilities | 16,409,000 | 6,728,000 |
| total liabilities | 48,219,000 | 41,127,000 |
| net assets | -3,733,000 | -2,273,000 |
| total shareholders funds | -3,733,000 | -2,273,000 |
| Sep 2022 | Sep 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -1,377,000 | 2,651,000 |
| Depreciation | 3,479,000 | 4,140,000 |
| Amortisation | 176,000 | 256,000 |
| Tax | 692,000 | 546,000 |
| Stock | 0 | 81,000 |
| Debtors | 4,908,000 | 24,443,000 |
| Creditors | 1,903,000 | 9,279,000 |
| Accruals and Deferred Income | -3,937,000 | 28,403,000 |
| Deferred Taxes & Provisions | 1,510,000 | 114,000 |
| Cash flow from operations | -2,462,000 | 20,865,000 |
| Investing Activities | ||
| capital expenditure | 0 | 0 |
| Change in Investments | 0 | 0 |
| cash flow from investments | 0 | 0 |
| Financing Activities | ||
| Bank loans | -105,000 | 603,000 |
| Group/Directors Accounts | -37,000 | 37,000 |
| Other Short Term Loans | -959,000 | 959,000 |
| Long term loans | 7,727,000 | 499,000 |
| Hire Purchase and Lease Commitments | 990,000 | 1,233,000 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -775,000 | -332,000 |
| cash flow from financing | 6,841,000 | -2,527,000 |
| cash and cash equivalents | ||
| cash | -270,000 | 2,518,000 |
| overdraft | 0 | 0 |
| change in cash | -270,000 | 2,518,000 |
mmcg topco holdings ltd Credit Report and Business Information
Mmcg Topco Holdings Ltd Competitor Analysis
Perform a competitor analysis for mmcg topco holdings ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mmcg topco holdings ltd Ownership
MMCG TOPCO HOLDINGS LTD group structure
Mmcg Topco Holdings Ltd has 3 subsidiary companies.
Ultimate parent company
1 parent
MMCG TOPCO HOLDINGS LTD
13863881
3 subsidiaries
mmcg topco holdings ltd directors
Mmcg Topco Holdings Ltd currently has 6 directors. The longest serving directors include Mr Philip Burgan (Jan 2022) and Mrs Lynne Burgan (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Burgan | United Kingdom | 72 years | Jan 2022 | - | Director |
| Mrs Lynne Burgan | United Kingdom | 67 years | Apr 2022 | - | Director |
| Mr Daren Harris | United Kingdom | 59 years | Apr 2022 | - | Director |
| Mr Christopher Womack | United Kingdom | 51 years | Apr 2022 | - | Director |
| Mr Jason Lock | United Kingdom | 51 years | May 2022 | - | Director |
| Mr Paul Walsh | 53 years | Jan 2023 | - | Director |
P&L
September 2022turnover
172.1m
-18%
operating profit
-1.4m
-152%
gross margin
35.7%
-8.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
-3.7m
+0.64%
total assets
44.5m
+0.14%
cash
2.2m
-0.11%
net assets
Total assets minus all liabilities
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mmcg topco holdings ltd company details
company number
13863881
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
January 2022
age
2
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
westcourt gelderd road, leeds, west yorkshire, LS12 6DB
last accounts submitted
September 2022
mmcg topco holdings ltd 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 found 1 charges/mortgages relating to mmcg topco holdings ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
mmcg topco holdings ltd Companies House Filings - See Documents
| date | description | view/download |
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