wynyard park house, wynyard avenue, billingham, TS22 5TB
Website
-
mccm developments limitedEstimated Valuation
£250.2k
Pomanda estimates the enterprise value of MCCM DEVELOPMENTS LIMITED at £250.2k based on a Turnover of £216.3k and 1.16x industry multiple (adjusted for size and gross margin).
mccm developments limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MCCM DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-83.8k and a 5.17x industry multiple (adjusted for size and gross margin).
mccm developments limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MCCM DEVELOPMENTS LIMITED at £0 based on Net Assets of £-83.6k and 2.73x industry multiple (adjusted for liquidity).
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Mccm Developments LimitedOverview
Mccm Developments Limited is a live company located in billingham, TS22 5TB with a Companies House number of 14529160. It operates in the other accommodation sector, SIC Code 55900. Founded in December 2022, it's largest shareholder is
mt corney capital limited
with a 50% stake. Mccm Developments Limited is a startup,
micro sized company, Pomanda has estimated its turnover at
£216.3k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Mccm Developments Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £216.3k, make it smaller than the average company (£909k)
£216.3k - Mccm Developments Limited
£909k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Mccm Developments Limited
- - Industry AVG
Production
with a gross margin of 60.5%, this company has a comparable cost of product (60.5%)
60.5% - Mccm Developments Limited
60.5% - Industry AVG
Profitability
an operating margin of -38.8% make it less profitable than the average company (6%)
-38.8% - Mccm Developments Limited
6% - Industry AVG
Employees
with 2 employees, this is below the industry average (19)
2 - Mccm Developments Limited
19 - Industry AVG
Pay Structure
on an average salary of £24.4k, the company has an equivalent pay structure (£24.4k)
£24.4k - Mccm Developments Limited
£24.4k - Industry AVG
Efficiency
resulting in sales per employee of £108.1k, this is more efficient (£57.8k)
£108.1k - Mccm Developments Limited
£57.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mccm Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 209 days, this is slower than average (18 days)
209 days - Mccm Developments Limited
18 days - Industry AVG
Stock Days
it holds stock equivalent to 392 days, this is more than average (9 days)
392 days - Mccm Developments Limited
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (81 weeks)
0 weeks - Mccm Developments Limited
81 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.9%, this is a higher level of debt than the average (34%)
109.9% - Mccm Developments Limited
34% - Industry AVG
MCCM DEVELOPMENTS LIMITED financials
EXPORT
Mccm Developments Limited's latest turnover from December 2023 is estimated at £216.3 thousand and the company has net assets of -£83.6 thousand. According to their latest financial statements, Mccm Developments Limited has 2 employees and maintains cash reserves of £5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Turnover
216,252
Other Income Or Grants
Cost Of Sales
85,392
Gross Profit
130,860
Admin Expenses
214,674
Operating Profit
-83,814
Interest Payable
Interest Receivable
132
Pre-Tax Profit
-83,682
Tax
Profit After Tax
-83,682
Dividends Paid
Retained Profit
-83,682
Employee Costs
48,739
Number Of Employees
2
EBITDA*
-83,814
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Tangible Assets
Intangible Assets
Investments & Other
519,500
Debtors (Due After 1 year)
Total Fixed Assets
519,500
Stock & work in progress
91,826
Trade Debtors
Group Debtors
Misc Debtors
227,062
Cash
5,028
misc current assets
total current assets
323,916
total assets
843,416
Bank overdraft
Bank loan
Trade Creditors
48,986
Group/Directors Accounts
729,985
other short term finances
hp & lease commitments
other current liabilities
148,027
total current liabilities
926,998
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
926,998
net assets
-83,582
total shareholders funds
-83,582
Dec 2023
Operating Activities
Operating Profit
-83,814
Depreciation
Amortisation
Tax
Stock
91,826
Debtors
227,062
Creditors
48,986
Accruals and Deferred Income
148,027
Deferred Taxes & Provisions
Cash flow from operations
-205,689
Investing Activities
capital expenditure
Change in Investments
519,500
cash flow from investments
-519,500
Financing Activities
Bank loans
Group/Directors Accounts
729,985
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
132
cash flow from financing
730,217
cash and cash equivalents
cash
5,028
overdraft
change in cash
5,028
mccm developments limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for mccm developments limited. Get real-time insights into mccm developments limited's credit score, group structure and payment trends.
Perform a competitor analysis for mccm developments limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in TS22 area or any other competitors across 12 key performance metrics.
mccm developments limited Ownership
MCCM DEVELOPMENTS LIMITED group structure
Mccm Developments Limited has no subsidiary companies.
Ultimate parent company
MCCM DEVELOPMENTS LIMITED
14529160
MCCM DEVELOPMENTS LIMITED Shareholders
The largest shareholders in Mccm Developments Limited include Mt Corney Capital Limited and Jc Musgrave Capital Limited.
mt corney capital limited
50%
jc musgrave capital limited
50%
mccm developments limited directors
Mccm Developments Limited currently has 2 directors.
The longest serving directors include
Mr Martin Corney (Dec 2022) and
Mr Joseph Musgrave (Dec 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
-83.6k
0%
total assets
843.4k
0%
cash
5k
0%
net assets
Total assets minus all liabilities
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mccm developments limited company details
company number
14529160
Type
Private limited with Share Capital
industry
55900 - Other accommodation
incorporation date
December 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
wynyard park house, wynyard avenue, billingham, TS22 5TB
Bank
-
Legal Advisor
-
mccm developments 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 mccm developments limited.
mccm developments 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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mccm developments limitedCompanies House Filings - See Documents
