mb mobiles & vapes ltd

mb mobiles & vapes ltd Company Information

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StartupSmall

Company Number

14468696

Industry

Wholesale of electronic and telecommunications equipment and parts

 

Non-specialised wholesale trade

 

Shareholders

mohammed osman shafiq

Group Structure

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Contact

Registered Address

3rd floor 86-90 paul street, london, EC2A 4NE

Website

-

mb mobiles & vapes ltd Estimated Valuation

£692.4k

Pomanda estimates the enterprise value of MB MOBILES & VAPES LTD at £692.4k based on a Turnover of £2.3m and 0.3x industry multiple (adjusted for size and gross margin).

mb mobiles & vapes ltd Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of MB MOBILES & VAPES LTD at £2.1m based on an EBITDA of £613.8k and a 3.39x industry multiple (adjusted for size and gross margin).

mb mobiles & vapes ltd Estimated Valuation

£17.5m

Pomanda estimates the enterprise value of MB MOBILES & VAPES LTD at £17.5m based on Net Assets of £7.1m and 2.48x industry multiple (adjusted for liquidity).

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Mb Mobiles & Vapes Ltd Overview

Mb Mobiles & Vapes Ltd is a live company located in london, EC2A 4NE with a Companies House number of 14468696. It operates in the wholesale of electronic and telecommunications equipment and parts sector, SIC Code 46520. Founded in November 2022, it's largest shareholder is mohammed osman shafiq with a 100% stake. Mb Mobiles & Vapes Ltd is a startup, small sized company, Pomanda has estimated its turnover at £2.3m with unknown growth in recent years.

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Mb Mobiles & Vapes Ltd Health Check

Pomanda's financial health check has awarded Mb Mobiles & Vapes Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £2.3m, make it smaller than the average company (£15.6m)

£2.3m - Mb Mobiles & Vapes Ltd

£15.6m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Mb Mobiles & Vapes Ltd

- - Industry AVG

production

Production

with a gross margin of 18.1%, this company has a higher cost of product (26%)

18.1% - Mb Mobiles & Vapes Ltd

26% - Industry AVG

profitability

Profitability

an operating margin of 26.6% make it more profitable than the average company (5%)

26.6% - Mb Mobiles & Vapes Ltd

5% - Industry AVG

employees

Employees

with 12 employees, this is below the industry average (36)

12 - Mb Mobiles & Vapes Ltd

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)

£49.1k - Mb Mobiles & Vapes Ltd

£49.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £192.2k, this is less efficient (£433.6k)

£192.2k - Mb Mobiles & Vapes Ltd

£433.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 27 days, this is earlier than average (55 days)

27 days - Mb Mobiles & Vapes Ltd

55 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Mb Mobiles & Vapes Ltd

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 364 days, this is more than average (71 days)

364 days - Mb Mobiles & Vapes Ltd

71 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Mb Mobiles & Vapes Ltd

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Mb Mobiles & Vapes Ltd

- - Industry AVG

MB MOBILES & VAPES LTD financials

EXPORTms excel logo

Mb Mobiles & Vapes Ltd's latest turnover from November 2023 is estimated at £2.3 million and the company has net assets of £7.1 million. According to their latest financial statements, Mb Mobiles & Vapes Ltd has 12 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023
Turnover2,306,747
Other Income Or Grants0
Cost Of Sales1,889,299
Gross Profit417,448
Admin Expenses-196,334
Operating Profit613,782
Interest Payable0
Interest Receivable36,482
Pre-Tax Profit650,264
Tax-162,566
Profit After Tax487,698
Dividends Paid0
Retained Profit487,698
Employee Costs589,210
Number Of Employees12
EBITDA*613,782

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023
Tangible Assets687,985
Intangible Assets0
Investments & Other1
Debtors (Due After 1 year)0
Total Fixed Assets687,986
Stock & work in progress1,887,556
Trade Debtors174,559
Group Debtors0
Misc Debtors0
Cash1,389,776
misc current assets2,921,376
total current assets6,373,267
total assets7,061,253
Bank overdraft0
Bank loan0
Trade Creditors 0
Group/Directors Accounts0
other short term finances0
hp & lease commitments0
other current liabilities0
total current liabilities0
loans0
hp & lease commitments0
Accruals and Deferred Income0
other liabilities0
provisions0
total long term liabilities0
total liabilities0
net assets7,061,253
total shareholders funds7,061,253
Nov 2023
Operating Activities
Operating Profit613,782
Depreciation0
Amortisation0
Tax-162,566
Stock1,887,556
Debtors174,559
Creditors0
Accruals and Deferred Income0
Deferred Taxes & Provisions0
Cash flow from operations-1,610,899
Investing Activities
capital expenditure-687,985
Change in Investments1
cash flow from investments-687,986
Financing Activities
Bank loans0
Group/Directors Accounts0
Other Short Term Loans 0
Long term loans0
Hire Purchase and Lease Commitments0
other long term liabilities0
share issue6,573,555
interest36,482
cash flow from financing6,610,037
cash and cash equivalents
cash1,389,776
overdraft0
change in cash1,389,776

mb mobiles & vapes 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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Mb Mobiles & Vapes Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mb mobiles & vapes ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in EC2A area or any other competitors across 12 key performance metrics.

mb mobiles & vapes ltd Ownership

MB MOBILES & VAPES LTD group structure

Mb Mobiles & Vapes Ltd has no subsidiary companies.

Ultimate parent company

MB MOBILES & VAPES LTD

14468696

MB MOBILES & VAPES LTD Shareholders

mohammed osman shafiq 100%

mb mobiles & vapes ltd directors

Mb Mobiles & Vapes Ltd currently has 1 director, Mr Mohammed Shafiq serving since Nov 2024.

officercountryagestartendrole
Mr Mohammed ShafiqEngland34 years Nov 2024- Director

P&L

November 2023

turnover

2.3m

0%

operating profit

613.8k

0%

gross margin

18.1%

0%

turnover

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

Balance Sheet

November 2023

net assets

7.1m

0%

total assets

7.1m

0%

cash

1.4m

0%

net assets

Total assets minus all liabilities

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mb mobiles & vapes ltd company details

company number

14468696

Type

Private limited with Share Capital

industry

46520 - Wholesale of electronic and telecommunications equipment and parts

46900 - Non-specialised wholesale trade

incorporation date

November 2022

age

2

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

3rd floor 86-90 paul street, london, EC2A 4NE

Bank

-

Legal Advisor

-

mb mobiles & vapes 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 did not find charges/mortgages relating to mb mobiles & vapes ltd.

mb mobiles & vapes 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.

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mb mobiles & vapes ltd Companies House Filings - See Documents

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