mk1 hospitality limited
mk1 hospitality limited Company Information
Company Number
13867575
Website
-Registered Address
lps livingstone, wenzel house, olds approach, watford, WD18 9AB
Industry
Unlicensed restaurants and cafes
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Muhammed Kamran2 Years
Shareholders
muhammed kamran 100%
mk1 hospitality limited Estimated Valuation
Pomanda estimates the enterprise value of MK1 HOSPITALITY LIMITED at £46.1k based on a Turnover of £69.7k and 0.66x industry multiple (adjusted for size and gross margin).
mk1 hospitality limited Estimated Valuation
Pomanda estimates the enterprise value of MK1 HOSPITALITY LIMITED at £457 based on an EBITDA of £123 and a 3.71x industry multiple (adjusted for size and gross margin).
mk1 hospitality limited Estimated Valuation
Pomanda estimates the enterprise value of MK1 HOSPITALITY LIMITED at £108 based on Net Assets of £100 and 1.08x industry multiple (adjusted for liquidity).
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Mk1 Hospitality Limited Overview
Mk1 Hospitality Limited is a live company located in watford, WD18 9AB with a Companies House number of 13867575. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in January 2022, it's largest shareholder is muhammed kamran with a 100% stake. Mk1 Hospitality Limited is a startup, micro sized company, Pomanda has estimated its turnover at £69.7k with unknown growth in recent years.
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Mk1 Hospitality Limited Health Check
Pomanda's financial health check has awarded Mk1 Hospitality Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £69.7k, make it smaller than the average company (£361.5k)
- Mk1 Hospitality Limited
£361.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mk1 Hospitality Limited
- - Industry AVG
Production
with a gross margin of 38.4%, this company has a higher cost of product (63%)
- Mk1 Hospitality Limited
63% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (1.6%)
- Mk1 Hospitality Limited
1.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
- Mk1 Hospitality Limited
14 - Industry AVG
Pay Structure
on an average salary of £11.5k, the company has an equivalent pay structure (£11.5k)
- Mk1 Hospitality Limited
£11.5k - Industry AVG
Efficiency
resulting in sales per employee of £34.9k, this is equally as efficient (£37.8k)
- Mk1 Hospitality Limited
£37.8k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (6 days)
- Mk1 Hospitality Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (31 days)
- Mk1 Hospitality Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mk1 Hospitality Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mk1 Hospitality Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99%, this is a higher level of debt than the average (74.1%)
99% - Mk1 Hospitality Limited
74.1% - Industry AVG
MK1 HOSPITALITY LIMITED financials
Mk1 Hospitality Limited's latest turnover from January 2023 is estimated at £69.7 thousand and the company has net assets of £100. According to their latest financial statements, we estimate that Mk1 Hospitality Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | |
|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 0 |
| Trade Debtors | 10,000 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 10,000 |
| total assets | 10,000 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 9,900 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 9,900 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 9,900 |
| net assets | 100 |
| total shareholders funds | 100 |
| Jan 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 10,000 |
| Creditors | 9,900 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
mk1 hospitality limited Credit Report and Business Information
Mk1 Hospitality Limited Competitor Analysis
Perform a competitor analysis for mk1 hospitality limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in WD18 area or any other competitors across 12 key performance metrics.
mk1 hospitality limited Ownership
MK1 HOSPITALITY LIMITED group structure
Mk1 Hospitality Limited has no subsidiary companies.
Ultimate parent company
MK1 HOSPITALITY LIMITED
13867575
mk1 hospitality limited directors
Mk1 Hospitality Limited currently has 1 director, Mr Muhammed Kamran serving since Jan 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Muhammed Kamran | England | 47 years | Jan 2022 | - | Director |
P&L
January 2023turnover
69.7k
0%
operating profit
123.5
0%
gross margin
38.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
100
0%
total assets
10k
0%
cash
0
0%
net assets
Total assets minus all liabilities
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mk1 hospitality limited company details
company number
13867575
Type
Private limited with Share Capital
industry
56102 - Unlicensed restaurants and cafes
incorporation date
January 2022
age
2
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
January 2023
address
lps livingstone, wenzel house, olds approach, watford, WD18 9AB
accountant
-
auditor
-
mk1 hospitality 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 mk1 hospitality limited.
mk1 hospitality limited Companies House Filings - See Documents
| date | description | view/download |
|---|
