Pomanda estimates the enterprise value of M.E.G. CARDS AND GIFTS LTD at £433.8k based on a Turnover of £1.2m and 0.36x industry multiple (adjusted for size and gross margin).
m.e.g. cards and gifts ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of M.E.G. CARDS AND GIFTS LTD at £0 based on an EBITDA of £-35.6k and a 3.83x industry multiple (adjusted for size and gross margin).
m.e.g. cards and gifts ltdEstimated Valuation
£628.1k
Pomanda estimates the enterprise value of M.E.G. CARDS AND GIFTS LTD at £628.1k based on Net Assets of £243.2k and 2.58x industry multiple (adjusted for liquidity).
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M.e.g. Cards And Gifts LtdOverview
M.e.g. Cards And Gifts Ltd is a live company located in londonderry, BT52 2NY with a Companies House number of NI652163. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in April 2018, it's largest shareholder is
michael gray
with a 50% stake. M.e.g. Cards And Gifts Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£1.2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded M.E.G. Cards And Gifts Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
4 Regular
3 Weak
Size
annual sales of £1.2m, make it larger than the average company (£778.1k)
£1.2m - M.e.g. Cards And Gifts Ltd
£778.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (10.5%)
13% - M.e.g. Cards And Gifts Ltd
10.5% - Industry AVG
Production
with a gross margin of 40.1%, this company has a comparable cost of product (40.1%)
40.1% - M.e.g. Cards And Gifts Ltd
40.1% - Industry AVG
Profitability
an operating margin of -3.8% make it less profitable than the average company (3.9%)
-3.8% - M.e.g. Cards And Gifts Ltd
3.9% - Industry AVG
Employees
with 9 employees, this is below the industry average (13)
9 - M.e.g. Cards And Gifts Ltd
13 - Industry AVG
Pay Structure
on an average salary of £25.1k, the company has an equivalent pay structure (£25.1k)
£25.1k - M.e.g. Cards And Gifts Ltd
£25.1k - Industry AVG
Efficiency
resulting in sales per employee of £133.6k, this is equally as efficient (£128.5k)
£133.6k - M.e.g. Cards And Gifts Ltd
£128.5k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is near the average (16 days)
19 days - M.e.g. Cards And Gifts Ltd
16 days - Industry AVG
Creditor Days
its suppliers are paid after 115 days, this is slower than average (33 days)
115 days - M.e.g. Cards And Gifts Ltd
33 days - Industry AVG
Stock Days
it holds stock equivalent to 138 days, this is more than average (81 days)
138 days - M.e.g. Cards And Gifts Ltd
81 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 27 weeks, this is more cash available to meet short term requirements (22 weeks)
27 weeks - M.e.g. Cards And Gifts Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55%, this is a lower level of debt than the average (68.6%)
55% - M.e.g. Cards And Gifts Ltd
68.6% - Industry AVG
M.E.G. CARDS AND GIFTS LTD financials
EXPORT
M.E.G. Cards And Gifts Ltd's latest turnover from June 2024 is estimated at £1.2 million and the company has net assets of £243.2 thousand. According to their latest financial statements, M.E.G. Cards And Gifts Ltd has 9 employees and maintains cash reserves of £155 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Turnover
1,202,048
895,516
803,930
827,443
700,483
880,749
Other Income Or Grants
Cost Of Sales
720,684
541,110
487,814
515,526
424,376
525,652
Gross Profit
481,364
354,406
316,116
311,918
276,107
355,096
Admin Expenses
527,137
362,112
262,046
207,934
212,104
237,751
Operating Profit
-45,773
-7,706
54,070
103,984
64,003
117,345
Interest Payable
22
155
91
1,347
1,490
Interest Receivable
10,092
12,250
3,179
177
76
171
Pre-Tax Profit
-35,704
4,389
57,158
104,160
62,732
116,026
Tax
-1,097
-10,860
-19,790
-11,919
-22,045
Profit After Tax
-35,704
3,292
46,298
84,370
50,813
93,981
Dividends Paid
Retained Profit
-35,704
3,292
46,298
84,370
50,813
93,981
Employee Costs
225,602
255,301
254,834
268,511
240,411
206,313
Number Of Employees
9
11
11
12
11
9
EBITDA*
-35,618
8,738
63,614
111,854
72,841
127,392
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Tangible Assets
47,567
49,773
62,217
15,480
19,350
24,188
Intangible Assets
4,000
8,000
12,000
16,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
47,567
49,773
66,217
23,480
31,350
40,188
Stock & work in progress
274,352
255,000
164,668
180,955
191,343
204,571
Trade Debtors
63,250
2,801
4,596
4,895
2,686
64,942
Group Debtors
Misc Debtors
1,978
1,978
1,515
Cash
155,019
229,420
260,564
248,119
105,602
45,705
misc current assets
total current assets
492,621
487,221
429,828
435,947
301,609
316,733
total assets
540,188
536,994
496,045
459,427
332,959
356,921
Bank overdraft
100
298
2,512
44,149
Bank loan
Trade Creditors
228,468
173,983
148,378
124,496
89,298
66,017
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
68,470
83,859
69,593
105,667
98,767
152,674
total current liabilities
297,038
258,140
220,483
230,163
188,065
262,840
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
297,038
258,140
220,483
230,163
188,065
262,840
net assets
243,150
278,854
275,562
229,264
144,894
94,081
total shareholders funds
243,150
278,854
275,562
229,264
144,894
94,081
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Operating Activities
Operating Profit
-45,773
-7,706
54,070
103,984
64,003
117,345
Depreciation
10,155
12,444
5,544
3,870
4,838
6,047
Amortisation
4,000
4,000
4,000
4,000
4,000
Tax
-1,097
-10,860
-19,790
-11,919
-22,045
Stock
19,352
90,332
-16,287
-10,388
-13,228
204,571
Debtors
60,449
-1,795
-2,277
2,209
-61,793
66,457
Creditors
54,485
25,605
23,882
35,198
23,281
66,017
Accruals and Deferred Income
-15,389
14,266
-36,074
6,900
-53,907
152,674
Deferred Taxes & Provisions
Cash flow from operations
-76,323
-41,025
59,126
142,341
105,317
53,010
Investing Activities
capital expenditure
-7,949
-52,281
-50,235
Change in Investments
cash flow from investments
-7,949
-52,281
-50,235
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
10,070
12,095
3,088
177
-1,271
-1,319
cash flow from financing
10,070
12,095
3,088
177
-1,271
-1,219
cash and cash equivalents
cash
-74,401
-31,144
12,445
142,517
59,897
45,705
overdraft
-198
-2,214
2,512
-44,149
44,149
change in cash
-74,203
-28,930
9,933
142,517
104,046
1,556
m.e.g. cards and gifts ltd 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 m.e.g. cards and gifts ltd. Get real-time insights into m.e.g. cards and gifts ltd's credit score, group structure and payment trends.
Perform a competitor analysis for m.e.g. cards and gifts 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 BT52 area or any other competitors across 12 key performance metrics.
m.e.g. cards and gifts ltd Ownership
M.E.G. CARDS AND GIFTS LTD group structure
M.E.G. Cards And Gifts Ltd has no subsidiary companies.
Ultimate parent company
M.E.G. CARDS AND GIFTS LTD
NI652163
M.E.G. CARDS AND GIFTS LTD Shareholders
The largest shareholders in M.E.G. Cards And Gifts Ltd include Michael Gray and Lisa Mcauley.
michael gray
50%
lisa mcauley
50%
m.e.g. cards and gifts ltd directors
M.E.G. Cards And Gifts Ltd currently has 2 directors.
The longest serving directors include
Mr Michael Gray (Apr 2018) and
Ms Lisa McAuley (Apr 2018).
47910 - Retail sale via mail order houses or via Internet
47190 - Other retail sale in non-specialised stores
incorporation date
April 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
N/A
accountant
IDS CHARTERED ACCOUNTANTS LLP
auditor
-
address
unit 4 48 cloyfin road, coleraine, londonderry, BT52 2NY
Bank
-
Legal Advisor
-
m.e.g. cards and gifts 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.e.g. cards and gifts ltd.
m.e.g. cards and gifts 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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m.e.g. cards and gifts ltdCompanies House Filings - See Documents
