mrm group (wakefield) limited

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mrm group (wakefield) limited Company Information

Share MRM GROUP (WAKEFIELD) LIMITED

Company Number

14165010

Shareholders

gareth morgan

aspen woolf limited

Group Structure

View All

Industry

Buying and selling of own real estate

 

Registered Address

ground floor 6 queen street, leeds, west yorkshire, LS1 2TW

Website

-

mrm group (wakefield) limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of MRM GROUP (WAKEFIELD) LIMITED at £1.1m based on a Turnover of £342.1k and 3.07x industry multiple (adjusted for size and gross margin).

mrm group (wakefield) limited Estimated Valuation

£788.1k

Pomanda estimates the enterprise value of MRM GROUP (WAKEFIELD) LIMITED at £788.1k based on an EBITDA of £119.6k and a 6.59x industry multiple (adjusted for size and gross margin).

mrm group (wakefield) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MRM GROUP (WAKEFIELD) LIMITED at £0 based on Net Assets of £-10.2k and 1.58x industry multiple (adjusted for liquidity).

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Mrm Group (wakefield) Limited Overview

Mrm Group (wakefield) Limited is a live company located in west yorkshire, LS1 2TW with a Companies House number of 14165010. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 2022, it's largest shareholder is gareth morgan with a 50% stake. Mrm Group (wakefield) Limited is a startup, micro sized company, Pomanda has estimated its turnover at £342.1k with unknown growth in recent years.

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Mrm Group (wakefield) Limited Health Check

Pomanda's financial health check has awarded Mrm Group (Wakefield) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £342.1k, make it smaller than the average company (£770.2k)

£342.1k - Mrm Group (wakefield) Limited

£770.2k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Mrm Group (wakefield) Limited

- - Industry AVG

production

Production

with a gross margin of 71.7%, this company has a comparable cost of product (71.7%)

71.7% - Mrm Group (wakefield) Limited

71.7% - Industry AVG

profitability

Profitability

an operating margin of 35% make it more profitable than the average company (25.8%)

35% - Mrm Group (wakefield) Limited

25.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Mrm Group (wakefield) Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)

£40.2k - Mrm Group (wakefield) Limited

£40.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £171k, this is equally as efficient (£176.4k)

£171k - Mrm Group (wakefield) Limited

£176.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 3 days, this is earlier than average (24 days)

3 days - Mrm Group (wakefield) Limited

24 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 802 days, this is slower than average (33 days)

802 days - Mrm Group (wakefield) Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 12179 days, this is more than average (494 days)

12179 days - Mrm Group (wakefield) Limited

494 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (7 weeks)

1 weeks - Mrm Group (wakefield) Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100.3%, this is a higher level of debt than the average (63.9%)

100.3% - Mrm Group (wakefield) Limited

63.9% - Industry AVG

MRM GROUP (WAKEFIELD) LIMITED financials

EXPORTms excel logo

Mrm Group (Wakefield) Limited's latest turnover from June 2024 is estimated at £342.1 thousand and the company has net assets of -£10.2 thousand. According to their latest financial statements, Mrm Group (Wakefield) Limited has 2 employees and maintains cash reserves of £89.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023
Turnover342,095533,478
Other Income Or Grants
Cost Of Sales96,867153,951
Gross Profit245,228379,527
Admin Expenses125,644355,709
Operating Profit119,58423,818
Interest Payable125,98230,296
Interest Receivable2,477128
Pre-Tax Profit-3,921-6,350
Tax
Profit After Tax-3,921-6,350
Dividends Paid
Retained Profit-3,921-6,350
Employee Costs80,45571,202
Number Of Employees22
EBITDA*119,58423,818

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress3,232,2752,042,690
Trade Debtors3,221
Group Debtors
Misc Debtors78615,527
Cash89,2265,138
misc current assets
total current assets3,325,5082,063,355
total assets3,325,5082,063,355
Bank overdraft
Bank loan1,688,846550,836
Trade Creditors 212,866214,705
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities1,433,9671,304,064
total current liabilities3,335,6792,069,605
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities3,335,6792,069,605
net assets-10,171-6,250
total shareholders funds-10,171-6,250
Jun 2024Jun 2023
Operating Activities
Operating Profit119,58423,818
Depreciation
Amortisation
Tax
Stock1,189,5852,042,690
Debtors-11,52015,527
Creditors-1,839214,705
Accruals and Deferred Income129,9031,304,064
Deferred Taxes & Provisions
Cash flow from operations-930,417-515,630
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans1,138,010550,836
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest-123,505-30,168
cash flow from financing1,014,505520,768
cash and cash equivalents
cash84,0885,138
overdraft
change in cash84,0885,138

mrm group (wakefield) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Mrm Group (wakefield) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mrm group (wakefield) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in LS1 area or any other competitors across 12 key performance metrics.

mrm group (wakefield) limited Ownership

MRM GROUP (WAKEFIELD) LIMITED group structure

Mrm Group (Wakefield) Limited has no subsidiary companies.

Ultimate parent company

MRM GROUP (WAKEFIELD) LIMITED

14165010

MRM GROUP (WAKEFIELD) LIMITED Shareholders

gareth morgan 50%
aspen woolf limited 50%

mrm group (wakefield) limited directors

Mrm Group (Wakefield) Limited currently has 2 directors. The longest serving directors include Mr Gareth Morgan (Jun 2022) and Mr Oliver Ramsden (Dec 2022).

officercountryagestartendrole
Mr Gareth MorganEngland40 years Jun 2022- Director
Mr Oliver RamsdenEngland44 years Dec 2022- Director

P&L

June 2024

turnover

342.1k

-36%

operating profit

119.6k

0%

gross margin

71.7%

+0.76%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

-10.2k

+0.63%

total assets

3.3m

+0.61%

cash

89.2k

+16.37%

net assets

Total assets minus all liabilities

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mrm group (wakefield) limited company details

company number

14165010

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

June 2022

age

3

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2024

previous names

N/A

accountant

TC GROUP

auditor

-

address

ground floor 6 queen street, leeds, west yorkshire, LS1 2TW

Bank

-

Legal Advisor

-

mrm group (wakefield) 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 found 4 charges/mortgages relating to mrm group (wakefield) limited. Currently there are 2 open charges and 2 have been satisfied in the past.

mrm group (wakefield) 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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mrm group (wakefield) limited Companies House Filings - See Documents

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