the millennium bakery group ltd

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the millennium bakery group ltd Company Information

Share THE MILLENNIUM BAKERY GROUP LTD

Company Number

14425857

Shareholders

nigel paul seabridge

strachan investments limited

Group Structure

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Industry

Management consultancy activities (other than financial management)

 

Registered Address

charles lake house, claire causeway, dartford, DA2 6QA

Website

-

the millennium bakery group ltd Estimated Valuation

£117.9k

Pomanda estimates the enterprise value of THE MILLENNIUM BAKERY GROUP LTD at £117.9k based on a Turnover of £240.9k and 0.49x industry multiple (adjusted for size and gross margin).

the millennium bakery group ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of THE MILLENNIUM BAKERY GROUP LTD at £0 based on an EBITDA of £-269k and a 4.22x industry multiple (adjusted for size and gross margin).

the millennium bakery group ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of THE MILLENNIUM BAKERY GROUP LTD at £0 based on Net Assets of £-268.9k and 2.61x industry multiple (adjusted for liquidity).

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The Millennium Bakery Group Ltd Overview

The Millennium Bakery Group Ltd is a live company located in dartford, DA2 6QA with a Companies House number of 14425857. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in October 2022, it's largest shareholder is nigel paul seabridge with a 50% stake. The Millennium Bakery Group Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £240.9k with unknown growth in recent years.

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The Millennium Bakery Group Ltd Health Check

Pomanda's financial health check has awarded The Millennium Bakery Group Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £240.9k, make it smaller than the average company (£405.7k)

£240.9k - The Millennium Bakery Group Ltd

£405.7k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - The Millennium Bakery Group Ltd

- - Industry AVG

production

Production

with a gross margin of 59.9%, this company has a comparable cost of product (59.9%)

59.9% - The Millennium Bakery Group Ltd

59.9% - Industry AVG

profitability

Profitability

an operating margin of -111.7% make it less profitable than the average company (8%)

-111.7% - The Millennium Bakery Group Ltd

8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (5)

2 - The Millennium Bakery Group Ltd

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.6k, the company has an equivalent pay structure (£48.6k)

£48.6k - The Millennium Bakery Group Ltd

£48.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £120.4k, this is equally as efficient (£120.4k)

£120.4k - The Millennium Bakery Group Ltd

£120.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - The Millennium Bakery Group Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - The Millennium Bakery Group Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Millennium Bakery Group Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - The Millennium Bakery Group Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 111.2%, this is a higher level of debt than the average (54.7%)

111.2% - The Millennium Bakery Group Ltd

54.7% - Industry AVG

THE MILLENNIUM BAKERY GROUP LTD financials

EXPORTms excel logo

The Millennium Bakery Group Ltd's latest turnover from October 2023 is estimated at £240.9 thousand and the company has net assets of -£268.9 thousand. According to their latest financial statements, The Millennium Bakery Group Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023
Turnover240,892
Other Income Or Grants
Cost Of Sales96,535
Gross Profit144,357
Admin Expenses413,355
Operating Profit-268,998
Interest Payable
Interest Receivable
Pre-Tax Profit-268,998
Tax
Profit After Tax-268,998
Dividends Paid
Retained Profit-268,998
Employee Costs97,268
Number Of Employees2
EBITDA*-268,998

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023
Tangible Assets
Intangible Assets
Investments & Other2,411,662
Debtors (Due After 1 year)
Total Fixed Assets2,411,662
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors100
Cash
misc current assets
total current assets100
total assets2,411,762
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts1,643,923
other short term finances
hp & lease commitments
other current liabilities336,737
total current liabilities1,980,660
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities700,000
provisions
total long term liabilities700,000
total liabilities2,680,660
net assets-268,898
total shareholders funds-268,898
Oct 2023
Operating Activities
Operating Profit-268,998
Depreciation
Amortisation
Tax
Stock
Debtors100
Creditors
Accruals and Deferred Income336,737
Deferred Taxes & Provisions
Cash flow from operations67,639
Investing Activities
capital expenditure
Change in Investments2,411,662
cash flow from investments-2,411,662
Financing Activities
Bank loans
Group/Directors Accounts1,643,923
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities700,000
share issue100
interest
cash flow from financing2,344,023
cash and cash equivalents
cash
overdraft
change in cash

the millennium bakery group ltd 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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The Millennium Bakery Group Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the millennium bakery group ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in DA2 area or any other competitors across 12 key performance metrics.

the millennium bakery group ltd Ownership

THE MILLENNIUM BAKERY GROUP LTD group structure

The Millennium Bakery Group Ltd has 1 subsidiary company.

Ultimate parent company

THE MILLENNIUM BAKERY GROUP LTD

14425857

1 subsidiary

THE MILLENNIUM BAKERY GROUP LTD Shareholders

nigel paul seabridge 50%
strachan investments limited 50%

the millennium bakery group ltd directors

The Millennium Bakery Group Ltd currently has 2 directors. The longest serving directors include Mr Nigel Seabridge (Oct 2022) and Mr Mark Strachan (Nov 2022).

officercountryagestartendrole
Mr Nigel SeabridgeScotland40 years Oct 2022- Director
Mr Mark StrachanUnited Kingdom45 years Nov 2022- Director

P&L

October 2023

turnover

240.9k

0%

operating profit

-269k

0%

gross margin

60%

0%

turnover

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

Balance Sheet

October 2023

net assets

-268.9k

0%

total assets

2.4m

0%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

the millennium bakery group ltd company details

company number

14425857

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

incorporation date

October 2022

age

3

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

opulentia spv holdco 16 ltd (August 2024)

accountant

-

auditor

-

address

charles lake house, claire causeway, dartford, DA2 6QA

Bank

-

Legal Advisor

-

the millennium bakery group 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 the millennium bakery group ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

the millennium bakery group 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.

Click to start generating capital raising & share issue transactions for THE MILLENNIUM BAKERY GROUP LTD. This can take several minutes, an email will notify you when this has completed.

the millennium bakery group ltd Companies House Filings - See Documents

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