midlothian and east lothian chamber of commerce
midlothian and east lothian chamber of commerce Company Information
Company Number
SC174638
Website
http://www.melcc.org.ukRegistered Address
hercules house eskmills, station road, musselburgh, EH21 7PB
Industry
Other business support service activities n.e.c.
Telephone
01316035040
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
-0%
midlothian and east lothian chamber of commerce Estimated Valuation
Pomanda estimates the enterprise value of MIDLOTHIAN AND EAST LOTHIAN CHAMBER OF COMMERCE at £54.7k based on a Turnover of £135.5k and 0.4x industry multiple (adjusted for size and gross margin).
midlothian and east lothian chamber of commerce Estimated Valuation
Pomanda estimates the enterprise value of MIDLOTHIAN AND EAST LOTHIAN CHAMBER OF COMMERCE at £0 based on an EBITDA of £-10.2k and a 3.08x industry multiple (adjusted for size and gross margin).
midlothian and east lothian chamber of commerce Estimated Valuation
Pomanda estimates the enterprise value of MIDLOTHIAN AND EAST LOTHIAN CHAMBER OF COMMERCE at £49k based on Net Assets of £19k and 2.58x industry multiple (adjusted for liquidity).
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Midlothian And East Lothian Chamber Of Commerce Overview
Midlothian And East Lothian Chamber Of Commerce is a live company located in musselburgh, EH21 7PB with a Companies House number of SC174638. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 1997, it's largest shareholder is unknown. Midlothian And East Lothian Chamber Of Commerce is a mature, micro sized company, Pomanda has estimated its turnover at £135.5k with low growth in recent years.
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Midlothian And East Lothian Chamber Of Commerce Health Check
Pomanda's financial health check has awarded Midlothian And East Lothian Chamber Of Commerce a 2.5 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
2 Strong
2 Regular
6 Weak
Size
annual sales of £135.5k, make it smaller than the average company (£3.6m)
- Midlothian And East Lothian Chamber Of Commerce
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (8%)
- Midlothian And East Lothian Chamber Of Commerce
8% - Industry AVG
Production
with a gross margin of 16.6%, this company has a higher cost of product (37.3%)
- Midlothian And East Lothian Chamber Of Commerce
37.3% - Industry AVG
Profitability
an operating margin of -7.5% make it less profitable than the average company (5.6%)
- Midlothian And East Lothian Chamber Of Commerce
5.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (22)
- Midlothian And East Lothian Chamber Of Commerce
22 - Industry AVG
Pay Structure
on an average salary of £47.6k, the company has an equivalent pay structure (£47.6k)
- Midlothian And East Lothian Chamber Of Commerce
£47.6k - Industry AVG
Efficiency
resulting in sales per employee of £135.5k, this is equally as efficient (£149.8k)
- Midlothian And East Lothian Chamber Of Commerce
£149.8k - Industry AVG
Debtor Days
it gets paid by customers after 103 days, this is later than average (37 days)
- Midlothian And East Lothian Chamber Of Commerce
37 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (32 days)
- Midlothian And East Lothian Chamber Of Commerce
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Midlothian And East Lothian Chamber Of Commerce
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Midlothian And East Lothian Chamber Of Commerce
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.4%, this is a lower level of debt than the average (59.4%)
50.4% - Midlothian And East Lothian Chamber Of Commerce
59.4% - Industry AVG
MIDLOTHIAN AND EAST LOTHIAN CHAMBER OF COMMERCE financials
Midlothian And East Lothian Chamber Of Commerce's latest turnover from March 2024 is estimated at £135.5 thousand and the company has net assets of £19 thousand. According to their latest financial statements, we estimate that Midlothian And East Lothian Chamber Of Commerce has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 67,972 | 60,950 | 62,961 | ||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | ||||||||||||
| Interest Receivable | 0 | 0 | 0 | ||||||||||||
| Pre-Tax Profit | -8,222 | -7,818 | 1,977 | ||||||||||||
| Tax | 0 | 0 | -390 | ||||||||||||
| Profit After Tax | -8,222 | -7,818 | 1,587 | ||||||||||||
| Dividends Paid | 0 | 0 | 0 | ||||||||||||
| Retained Profit | -8,222 | -7,818 | 1,587 | ||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 667 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 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 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 667 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 38,257 | 44,075 | 58,571 | 18,223 | 11,603 | 8,837 | 6,613 | 8,854 | 317 | 8,841 | 8,466 | 10,261 | 11,887 | 9,380 | 7,795 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 1,628 | 3,821 | 3,917 | 1,404 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 51,224 | 12,872 | 31,556 | 38,532 | 45,819 | 34,501 | 30,612 | 52,144 | 50,101 | 15,544 | 18,035 | 31,292 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 38,257 | 44,075 | 58,571 | 69,447 | 24,475 | 42,021 | 48,966 | 58,590 | 36,222 | 39,453 | 60,610 | 60,362 | 27,431 | 27,415 | 39,087 |
| total assets | 38,257 | 44,075 | 58,571 | 69,447 | 24,475 | 42,021 | 48,966 | 58,590 | 36,222 | 39,453 | 60,610 | 60,362 | 27,431 | 27,415 | 39,754 |
| Bank overdraft | 0 | 0 | 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 | 0 | 0 |
| Trade Creditors | 19,272 | 14,856 | 27,238 | 61,166 | 16,740 | 3,732 | 121 | 3,452 | 2,414 | 15,127 | 37,677 | 39,991 | 5,196 | 4,279 | 20,841 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 20,150 | 25,778 | 25,759 | 2,179 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 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 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 7,386 | 4,092 | 2,586 | 6,423 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 19,272 | 14,856 | 27,238 | 61,166 | 16,740 | 31,268 | 29,991 | 31,797 | 11,016 | 15,127 | 37,677 | 39,991 | 5,196 | 4,279 | 20,841 |
| loans | 0 | 0 | 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 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 5,570 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 5,570 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 19,272 | 14,856 | 32,808 | 61,166 | 16,740 | 31,268 | 29,991 | 31,797 | 11,016 | 15,127 | 37,677 | 39,991 | 5,196 | 4,279 | 20,841 |
| net assets | 18,985 | 29,219 | 25,763 | 8,281 | 7,735 | 10,753 | 18,975 | 26,793 | 25,206 | 24,326 | 22,933 | 20,371 | 22,235 | 23,136 | 18,913 |
| total shareholders funds | 18,985 | 29,219 | 25,763 | 8,281 | 7,735 | 10,753 | 18,975 | 26,793 | 25,206 | 24,326 | 22,933 | 20,371 | 22,235 | 23,136 | 18,913 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,110 | 0 | 0 | 0 | 0 | 667 | 1,370 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | -390 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,818 | -14,496 | 40,348 | 6,620 | 1,138 | 31 | -2,337 | 11,050 | -7,120 | 375 | -1,795 | -1,626 | 2,507 | 1,585 | 7,795 |
| Creditors | 4,416 | -12,382 | -33,928 | 44,426 | 13,008 | 3,611 | -3,331 | 1,038 | -12,713 | -22,550 | -2,314 | 34,795 | 917 | -16,562 | 20,841 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -7,386 | 3,294 | 1,506 | -3,837 | 6,423 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -5,570 | 5,570 | 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 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -20,150 | -5,628 | 19 | 23,580 | 2,179 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 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 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 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 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | ||||||||||||
| cash flow from financing | -5,628 | 19 | 23,580 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | -51,224 | 38,352 | -18,684 | -6,976 | -7,287 | 11,318 | 3,889 | -21,532 | 2,043 | 34,557 | -2,491 | -13,257 | 31,292 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -51,224 | 38,352 | -18,684 | -6,976 | -7,287 | 11,318 | 3,889 | -21,532 | 2,043 | 34,557 | -2,491 | -13,257 | 31,292 |
midlothian and east lothian chamber of commerce Credit Report and Business Information
Midlothian And East Lothian Chamber Of Commerce Competitor Analysis
Perform a competitor analysis for midlothian and east lothian chamber of commerce by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in EH21 area or any other competitors across 12 key performance metrics.
midlothian and east lothian chamber of commerce Ownership
MIDLOTHIAN AND EAST LOTHIAN CHAMBER OF COMMERCE group structure
Midlothian And East Lothian Chamber Of Commerce has no subsidiary companies.
Ultimate parent company
MIDLOTHIAN AND EAST LOTHIAN CHAMBER OF COMMERCE
SC174638
midlothian and east lothian chamber of commerce directors
Midlothian And East Lothian Chamber Of Commerce currently has 9 directors. The longest serving directors include Ms Isabel Anderson (Aug 2007) and Mr Keith Barbour (Aug 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Isabel Anderson | 67 years | Aug 2007 | - | Director | |
| Mr Keith Barbour | Scotland | 69 years | Aug 2011 | - | Director |
| Provost John McMillan | Scotland | 72 years | Aug 2012 | - | Director |
| Mr George Archibald | 76 years | Jan 2013 | - | Director | |
| Mrs Karen Ritchie | Scotland | 44 years | Mar 2022 | - | Director |
| Mr Nigel Duncan | Scotland | 74 years | Apr 2023 | - | Director |
| Ms Patricia Barclay | Scotland | 63 years | Feb 2024 | - | Director |
| Mr Grant Middleton | Scotland | 68 years | Feb 2024 | - | Director |
| Mr Michael Von Euw | Scotland | 44 years | Feb 2024 | - | Director |
P&L
March 2024turnover
135.5k
-2%
operating profit
-10.2k
0%
gross margin
16.6%
-5.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
19k
-0.35%
total assets
38.3k
-0.13%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
midlothian and east lothian chamber of commerce company details
company number
SC174638
Type
Private Ltd By Guarantee w/o Share Cap
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 1997
age
27
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
midlothian chamber of commerce (August 2007)
the midlothian chamber of commerce limited (February 2000)
accountant
-
auditor
-
address
hercules house eskmills, station road, musselburgh, EH21 7PB
Bank
BANK OF SCOTLAND
Legal Advisor
-
midlothian and east lothian chamber of commerce 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 midlothian and east lothian chamber of commerce.
midlothian and east lothian chamber of commerce Companies House Filings - See Documents
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