mci trading limited
mci trading limited Company Information
Company Number
SC551506
Next Accounts
814 days late
Industry
Hotels and similar accommodation
Directors
Shareholders
parandeep sandhu
gurbinder sandhu
View AllGroup Structure
View All
Contact
Registered Address
flat 25 103 hutcheson street, glasgow, G1 1SN
Website
-mci trading limited Estimated Valuation
Pomanda estimates the enterprise value of MCI TRADING LIMITED at £460.8k based on a Turnover of £506.3k and 0.91x industry multiple (adjusted for size and gross margin).
mci trading limited Estimated Valuation
Pomanda estimates the enterprise value of MCI TRADING LIMITED at £0 based on an EBITDA of £-53.4k and a 3.84x industry multiple (adjusted for size and gross margin).
mci trading limited Estimated Valuation
Pomanda estimates the enterprise value of MCI TRADING LIMITED at £264.2k based on Net Assets of £132.2k and 2x industry multiple (adjusted for liquidity).
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Mci Trading Limited Overview
Mci Trading Limited is a live company located in glasgow, G1 1SN with a Companies House number of SC551506. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in November 2016, it's largest shareholder is parandeep sandhu with a 30% stake. Mci Trading Limited is a young, small sized company, Pomanda has estimated its turnover at £506.3k with declining growth in recent years.
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Mci Trading Limited Health Check
Pomanda's financial health check has awarded Mci Trading Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £506.3k, make it smaller than the average company (£4.3m)
- Mci Trading Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -59%, show it is growing at a slower rate (0.9%)
- Mci Trading Limited
0.9% - Industry AVG
Production
with a gross margin of 41.4%, this company has a higher cost of product (60.5%)
- Mci Trading Limited
60.5% - Industry AVG
Profitability
an operating margin of -10.6% make it less profitable than the average company (4.3%)
- Mci Trading Limited
4.3% - Industry AVG
Employees
with 7 employees, this is below the industry average (86)
7 - Mci Trading Limited
86 - Industry AVG
Pay Structure
on an average salary of £19.4k, the company has an equivalent pay structure (£19.4k)
- Mci Trading Limited
£19.4k - Industry AVG
Efficiency
resulting in sales per employee of £72.3k, this is more efficient (£53.7k)
- Mci Trading Limited
£53.7k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is later than average (8 days)
- Mci Trading Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (41 days)
- Mci Trading Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mci Trading Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mci Trading Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.2%, this is a lower level of debt than the average (73%)
27.2% - Mci Trading Limited
73% - Industry AVG
MCI TRADING LIMITED financials
Mci Trading Limited's latest turnover from November 2020 is estimated at £506.3 thousand and the company has net assets of £132.2 thousand. According to their latest financial statements, Mci Trading Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|
| 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 | 7 | 7 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|
| Tangible Assets | 142,383 | 189,844 | 253,125 | 337,500 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 142,383 | 189,844 | 253,125 | 337,500 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 39,217 | 35,974 | 391,771 | 389,025 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 39,217 | 35,974 | 391,771 | 389,025 |
| total assets | 181,600 | 225,818 | 644,896 | 726,525 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 49,361 | 40,131 | 406,541 | 452,312 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 49,361 | 40,131 | 406,541 | 452,312 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 49,361 | 40,131 | 406,541 | 452,312 |
| net assets | 132,239 | 185,687 | 238,355 | 274,213 |
| total shareholders funds | 132,239 | 185,687 | 238,355 | 274,213 |
| Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 3,243 | -355,797 | 2,746 | 389,025 |
| Creditors | 9,230 | -366,410 | -45,771 | 452,312 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
mci trading limited Credit Report and Business Information
Mci Trading Limited Competitor Analysis
Perform a competitor analysis for mci trading limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in G 1 area or any other competitors across 12 key performance metrics.
mci trading limited Ownership
MCI TRADING LIMITED group structure
Mci Trading Limited has no subsidiary companies.
Ultimate parent company
MCI TRADING LIMITED
SC551506
mci trading limited directors
Mci Trading Limited currently has 1 director, Hirjinder Sandhu serving since Nov 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Hirjinder Sandhu | 61 years | Nov 2016 | - | Director |
P&L
November 2020turnover
506.3k
+7%
operating profit
-53.4k
0%
gross margin
41.4%
-5.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2020net assets
132.2k
-0.29%
total assets
181.6k
-0.2%
cash
0
0%
net assets
Total assets minus all liabilities
mci trading limited company details
company number
SC551506
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
November 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2020
previous names
N/A
accountant
-
auditor
-
address
flat 25 103 hutcheson street, glasgow, G1 1SN
Bank
-
Legal Advisor
-
mci trading 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 mci trading limited.
mci trading limited Companies House Filings - See Documents
| date | description | view/download |
|---|
