m&m news services ltd
m&m news services ltd Company Information
Company Number
NI604325
Website
-Registered Address
suite 2b cadogan house, 322 lisburn road, belfast, co. antrim, BT9 6GH
Industry
Other personal service activities n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
michael donnelly 50%
marguerite donnelly 50%
m&m news services ltd Estimated Valuation
Pomanda estimates the enterprise value of M&M NEWS SERVICES LTD at £11.9k based on a Turnover of £24.5k and 0.48x industry multiple (adjusted for size and gross margin).
m&m news services ltd Estimated Valuation
Pomanda estimates the enterprise value of M&M NEWS SERVICES LTD at £0 based on an EBITDA of £-3.7k and a 3.15x industry multiple (adjusted for size and gross margin).
m&m news services ltd Estimated Valuation
Pomanda estimates the enterprise value of M&M NEWS SERVICES LTD at £14 based on Net Assets of £7 and 2.03x industry multiple (adjusted for liquidity).
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M&m News Services Ltd Overview
M&m News Services Ltd is a live company located in belfast, BT9 6GH with a Companies House number of NI604325. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in September 2010, it's largest shareholder is michael donnelly with a 50% stake. M&m News Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £24.5k with declining growth in recent years.
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M&m News Services Ltd Health Check
Pomanda's financial health check has awarded M&M News Services Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £24.5k, make it smaller than the average company (£799k)
- M&m News Services Ltd
£799k - Industry AVG
Growth
3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (5.2%)
- M&m News Services Ltd
5.2% - Industry AVG
Production
with a gross margin of 19.4%, this company has a higher cost of product (40.8%)
- M&m News Services Ltd
40.8% - Industry AVG
Profitability
an operating margin of -15.2% make it less profitable than the average company (6.4%)
- M&m News Services Ltd
6.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - M&m News Services Ltd
14 - Industry AVG
Pay Structure
on an average salary of £27.6k, the company has an equivalent pay structure (£27.6k)
- M&m News Services Ltd
£27.6k - Industry AVG
Efficiency
resulting in sales per employee of £24.5k, this is less efficient (£69.5k)
- M&m News Services Ltd
£69.5k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (27 days)
- M&m News Services Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 76 days, this is slower than average (40 days)
- M&m News Services Ltd
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- M&m News Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - M&m News Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (39.4%)
99.8% - M&m News Services Ltd
39.4% - Industry AVG
M&M NEWS SERVICES LTD financials
M&M News Services Ltd's latest turnover from March 2023 is estimated at £24.5 thousand and the company has net assets of £7. According to their latest financial statements, M&M News Services Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 87 | 262 | 273 | 668 | 786 | 632 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 | 15,000 | 25,000 | 35,000 | 40,000 | 50,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 5,087 | 15,262 | 25,273 | 35,668 | 40,786 | 50,632 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,169 | 7,818 | 11,128 | 16,625 | 21,355 | 17,762 | 20,094 | 9,644 | 20,442 | 15,627 | 5,302 | 8,545 | 6,221 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,708 | 8,916 | 9,855 | 14,126 | 12,713 | 4,930 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,169 | 7,818 | 11,128 | 16,625 | 21,355 | 17,762 | 20,094 | 12,352 | 29,358 | 25,482 | 19,428 | 21,258 | 11,151 |
| total assets | 4,169 | 7,818 | 11,128 | 16,625 | 21,355 | 17,762 | 20,095 | 17,439 | 44,620 | 50,755 | 55,096 | 62,044 | 61,783 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,162 | 4,089 | 5,021 | 12,111 | 11,286 | 14,746 | 15,223 | 16,860 | 43,355 | 49,153 | 53,424 | 55,691 | 55,453 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,162 | 4,089 | 5,021 | 12,111 | 11,286 | 14,746 | 15,223 | 16,860 | 43,355 | 49,153 | 53,424 | 55,691 | 55,453 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 1,080 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1,080 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,162 | 4,089 | 5,021 | 12,111 | 11,286 | 14,746 | 16,303 | 16,860 | 43,355 | 49,153 | 53,424 | 55,691 | 55,453 |
| net assets | 7 | 3,729 | 6,107 | 4,514 | 10,069 | 3,016 | 3,792 | 579 | 1,265 | 1,602 | 1,672 | 6,353 | 6,330 |
| total shareholders funds | 7 | 3,729 | 6,107 | 4,514 | 10,069 | 3,016 | 3,792 | 579 | 1,265 | 1,602 | 1,672 | 6,353 | 6,330 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 175 | 577 | 395 | 118 | 236 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 | 10,000 | 10,000 | 5,000 | 10,000 | 0 | |
| Tax | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,649 | -3,310 | -5,497 | -4,730 | 3,593 | -2,332 | 10,450 | -10,798 | 4,815 | 10,325 | -3,243 | 2,324 | 6,221 |
| Creditors | 73 | -932 | -7,090 | 825 | -3,460 | -477 | -1,637 | -26,495 | -5,798 | -4,271 | -2,267 | 238 | 55,453 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -1,080 | 1,080 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -2,708 | -6,208 | -939 | -4,271 | 1,413 | 7,783 | 4,930 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -2,708 | -6,208 | -939 | -4,271 | 1,413 | 7,783 | 4,930 |
m&m news services ltd Credit Report and Business Information
M&m News Services Ltd Competitor Analysis
Perform a competitor analysis for m&m news services ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in BT9 area or any other competitors across 12 key performance metrics.
m&m news services ltd Ownership
M&M NEWS SERVICES LTD group structure
M&M News Services Ltd has no subsidiary companies.
Ultimate parent company
M&M NEWS SERVICES LTD
NI604325
m&m news services ltd directors
M&M News Services Ltd currently has 2 directors. The longest serving directors include Mrs Marguerite Donnelly (Sep 2010) and Mr Michael Donnelly (Sep 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Marguerite Donnelly | Northern Ireland | 78 years | Sep 2010 | - | Director |
| Mr Michael Donnelly | Northern Ireland | 68 years | Sep 2010 | - | Director |
P&L
March 2023turnover
24.5k
-21%
operating profit
-3.7k
0%
gross margin
19.5%
+5.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
7
-1%
total assets
4.2k
-0.47%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
m&m news services ltd company details
company number
NI604325
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
September 2010
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
M B MCGRADY & CO
auditor
-
address
suite 2b cadogan house, 322 lisburn road, belfast, co. antrim, BT9 6GH
Bank
-
Legal Advisor
-
m&m news services 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 m&m news services ltd.
m&m news services ltd Companies House Filings - See Documents
| date | description | view/download |
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