moongate labs ltd

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moongate labs ltd Company Information

Share MOONGATE LABS LTD

Company Number

14560548

Shareholders

praneet sinha

hevar abrihem

Group Structure

View All

Industry

Business and domestic software development

 

Registered Address

128 city road, london, EC1V 2NX

Website

-

moongate labs ltd Estimated Valuation

£117.1k

Pomanda estimates the enterprise value of MOONGATE LABS LTD at £117.1k based on a Turnover of £172k and 0.68x industry multiple (adjusted for size and gross margin).

moongate labs ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MOONGATE LABS LTD at £0 based on an EBITDA of £-136.3k and a 4.2x industry multiple (adjusted for size and gross margin).

moongate labs ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MOONGATE LABS LTD at £0 based on Net Assets of £-136.3k and 2.37x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Moongate Labs Ltd Overview

Moongate Labs Ltd is a live company located in london, EC1V 2NX with a Companies House number of 14560548. It operates in the business and domestic software development sector, SIC Code 62012. Founded in December 2022, it's largest shareholder is praneet sinha with a 50% stake. Moongate Labs Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £172k with unknown growth in recent years.

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Moongate Labs Ltd Health Check

Pomanda's financial health check has awarded Moongate Labs Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £172k, make it smaller than the average company (£4.5m)

£172k - Moongate Labs Ltd

£4.5m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Moongate Labs Ltd

- - Industry AVG

production

Production

with a gross margin of 42.2%, this company has a higher cost of product (72.2%)

42.2% - Moongate Labs Ltd

72.2% - Industry AVG

profitability

Profitability

an operating margin of -79.2% make it less profitable than the average company (3.5%)

-79.2% - Moongate Labs Ltd

3.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (41)

2 - Moongate Labs Ltd

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)

£72.2k - Moongate Labs Ltd

£72.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £86k, this is less efficient (£122.7k)

£86k - Moongate Labs Ltd

£122.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 125 days, this is later than average (57 days)

125 days - Moongate Labs Ltd

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 8 days, this is quicker than average (41 days)

8 days - Moongate Labs Ltd

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Moongate Labs Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Moongate Labs Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 323.2%, this is a higher level of debt than the average (62.6%)

323.2% - Moongate Labs Ltd

62.6% - Industry AVG

MOONGATE LABS LTD financials

EXPORTms excel logo

Moongate Labs Ltd's latest turnover from December 2023 is estimated at £172 thousand and the company has net assets of -£136.3 thousand. According to their latest financial statements, Moongate Labs Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023
Turnover172,006
Other Income Or Grants0
Cost Of Sales99,450
Gross Profit72,555
Admin Expenses208,834
Operating Profit-136,279
Interest Payable0
Interest Receivable0
Pre-Tax Profit-136,279
Tax0
Profit After Tax-136,279
Dividends Paid0
Retained Profit-136,279
Employee Costs144,464
Number Of Employees2
EBITDA*-136,279

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023
Tangible Assets0
Intangible Assets0
Investments & Other0
Debtors (Due After 1 year)0
Total Fixed Assets0
Stock & work in progress0
Trade Debtors59,313
Group Debtors0
Misc Debtors1,737
Cash0
misc current assets0
total current assets61,050
total assets61,050
Bank overdraft0
Bank loan0
Trade Creditors 2,329
Group/Directors Accounts0
other short term finances0
hp & lease commitments0
other current liabilities0
total current liabilities2,329
loans0
hp & lease commitments0
Accruals and Deferred Income0
other liabilities195,000
provisions0
total long term liabilities195,000
total liabilities197,329
net assets-136,279
total shareholders funds-136,279
Dec 2023
Operating Activities
Operating Profit-136,279
Depreciation0
Amortisation0
Tax0
Stock0
Debtors61,050
Creditors2,329
Accruals and Deferred Income0
Deferred Taxes & Provisions0
Cash flow from operations-195,000
Investing Activities
capital expenditure0
Change in Investments0
cash flow from investments0
Financing Activities
Bank loans0
Group/Directors Accounts0
Other Short Term Loans 0
Long term loans0
Hire Purchase and Lease Commitments0
other long term liabilities195,000
share issue0
interest0
cash flow from financing195,000
cash and cash equivalents
cash0
overdraft0
change in cash0

moongate labs 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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Moongate Labs Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for moongate labs ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.

moongate labs ltd Ownership

MOONGATE LABS LTD group structure

Moongate Labs Ltd has no subsidiary companies.

Ultimate parent company

MOONGATE LABS LTD

14560548

MOONGATE LABS LTD Shareholders

praneet sinha 50%
hevar abrihem 50%

moongate labs ltd directors

Moongate Labs Ltd currently has 2 directors. The longest serving directors include Mr Praneet Sinha (Dec 2022) and Mr Hevar Abrihem (Dec 2022).

officercountryagestartendrole
Mr Praneet SinhaUnited Kingdom29 years Dec 2022- Director
Mr Hevar AbrihemUnited Kingdom24 years Dec 2022- Director

P&L

December 2023

turnover

172k

0%

operating profit

-136.3k

0%

gross margin

42.2%

0%

turnover

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

Balance Sheet

December 2023

net assets

-136.3k

0%

total assets

61.1k

0%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

moongate labs ltd company details

company number

14560548

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

December 2022

age

3

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

128 city road, london, EC1V 2NX

Bank

-

Legal Advisor

-

moongate labs 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 moongate labs ltd.

moongate labs 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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moongate labs ltd Companies House Filings - See Documents

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