m2 farms limited
m2 farms limited Company Information
Company Number
SC687276
Next Accounts
Sep 2025
Shareholders
m2 three limited
Group Structure
View All
Industry
Development of building projects
Registered Address
201 west george street, glasgow, G2 2LW
Website
m2farms.comm2 farms limited Estimated Valuation
Pomanda estimates the enterprise value of M2 FARMS LIMITED at £26.4k based on a Turnover of £78.1k and 0.34x industry multiple (adjusted for size and gross margin).
m2 farms limited Estimated Valuation
Pomanda estimates the enterprise value of M2 FARMS LIMITED at £0 based on an EBITDA of £-26k and a 2.6x industry multiple (adjusted for size and gross margin).
m2 farms limited Estimated Valuation
Pomanda estimates the enterprise value of M2 FARMS LIMITED at £0 based on Net Assets of £-29.4k and 1.49x industry multiple (adjusted for liquidity).
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M2 Farms Limited Overview
M2 Farms Limited is a live company located in glasgow, G2 2LW with a Companies House number of SC687276. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2021, it's largest shareholder is m2 three limited with a 100% stake. M2 Farms Limited is a startup, micro sized company, Pomanda has estimated its turnover at £78.1k with unknown growth in recent years.
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M2 Farms Limited Health Check
Pomanda's financial health check has awarded M2 Farms Limited a 2 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 £78.1k, make it smaller than the average company (£2.6m)
- M2 Farms Limited
£2.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- M2 Farms Limited
- - Industry AVG
Production
with a gross margin of 9.8%, this company has a higher cost of product (27%)
- M2 Farms Limited
27% - Industry AVG
Profitability
an operating margin of -33.3% make it less profitable than the average company (7%)
- M2 Farms Limited
7% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
- M2 Farms Limited
7 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- M2 Farms Limited
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £78.1k, this is less efficient (£293.4k)
- M2 Farms Limited
£293.4k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (28 days)
- M2 Farms Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 162 days, this is slower than average (31 days)
- M2 Farms Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- M2 Farms Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (12 weeks)
25 weeks - M2 Farms Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141.1%, this is a higher level of debt than the average (73.5%)
141.1% - M2 Farms Limited
73.5% - Industry AVG
M2 FARMS LIMITED financials
M2 Farms Limited's latest turnover from December 2023 is estimated at £78.1 thousand and the company has net assets of -£29.4 thousand. According to their latest financial statements, we estimate that M2 Farms Limited has 1 employee and maintains cash reserves of £49.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 2 | 2 | 2 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 2 | 2 | 2 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 7,300 | 5,480 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 14,692 | 21,001 | 14,072 |
| Cash | 49,573 | 74,233 | 102,689 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 71,565 | 100,714 | 116,761 |
| total assets | 71,567 | 100,716 | 116,763 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 31,302 | 0 | 30,000 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 69,673 | 107,339 | 84,836 |
| total current liabilities | 100,975 | 107,339 | 114,836 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 100,975 | 107,339 | 114,836 |
| net assets | -29,408 | -6,623 | 1,927 |
| total shareholders funds | -29,408 | -6,623 | 1,927 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -4,489 | 12,409 | 14,072 |
| Creditors | 31,302 | -30,000 | 30,000 |
| Accruals and Deferred Income | -37,666 | 22,503 | 84,836 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 2 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -24,660 | -28,456 | 102,689 |
| overdraft | 0 | 0 | 0 |
| change in cash | -24,660 | -28,456 | 102,689 |
m2 farms limited Credit Report and Business Information
M2 Farms Limited Competitor Analysis
Perform a competitor analysis for m2 farms limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in G 2 area or any other competitors across 12 key performance metrics.
m2 farms limited Ownership
M2 FARMS LIMITED group structure
M2 Farms Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
M2 FARMS LIMITED
SC687276
2 subsidiaries
m2 farms limited directors
M2 Farms Limited currently has 7 directors. The longest serving directors include Mr David Milloy (Jan 2021) and Mr Allan King (Feb 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Milloy | United Kingdom | 59 years | Jan 2021 | - | Director |
| Mr Allan King | United Kingdom | 63 years | Feb 2021 | - | Director |
| Mr Allan King | Scotland | 35 years | Feb 2021 | - | Director |
| Mr Allan King | Scotland | 63 years | Feb 2021 | - | Director |
| Mr Eric Young | United Kingdom | 69 years | Feb 2021 | - | Director |
| Mr Allan King | Scotland | 35 years | Feb 2021 | - | Director |
| Mr Eric Young | United Kingdom | 69 years | Feb 2021 | - | Director |
P&L
December 2023turnover
78.1k
+199%
operating profit
-26k
0%
gross margin
9.8%
-1.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-29.4k
+3.44%
total assets
71.6k
-0.29%
cash
49.6k
-0.33%
net assets
Total assets minus all liabilities
Similar Companies
m2 farms limited company details
company number
SC687276
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
January 2021
age
4
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
m2 falkirk limited (August 2021)
accountant
-
auditor
-
address
201 west george street, glasgow, G2 2LW
Bank
-
Legal Advisor
-
m2 farms 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 m2 farms limited.
m2 farms limited 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.
Click to start generating capital raising & share issue transactions for M2 FARMS LIMITED. This can take several minutes, an email will notify you when this has completed.
m2 farms limited Companies House Filings - See Documents
| date | description | view/download |
|---|
