Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
3 derby road, ripley, derbyshire, DE5 3EA
Website
-
mic installations (nottingham) limitedEstimated Valuation
£2.4m
Pomanda estimates the enterprise value of MIC INSTALLATIONS (NOTTINGHAM) LIMITED at £2.4m based on a Turnover of £1m and 2.44x industry multiple (adjusted for size and gross margin).
mic installations (nottingham) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MIC INSTALLATIONS (NOTTINGHAM) LIMITED at £0 based on an EBITDA of £-30.8k and a 4.75x industry multiple (adjusted for size and gross margin).
mic installations (nottingham) limitedEstimated Valuation
£568.6k
Pomanda estimates the enterprise value of MIC INSTALLATIONS (NOTTINGHAM) LIMITED at £568.6k based on Net Assets of £337.9k and 1.68x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mic Installations (nottingham) LimitedOverview
Mic Installations (nottingham) Limited is a live company located in derbyshire, DE5 3EA with a Companies House number of 00870185. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 1966, it's largest shareholder is
marylyn curtis
with a 100% stake. Mic Installations (nottingham) Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1m with
declining
growth in recent years.
Mic Installations (nottingham) Limited Health Check
Pomanda's financial health check has awarded Mic Installations (Nottingham) Limited a 3 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
Health Rating3out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £1m, make it in line with the average company (£922k)
£1m - Mic Installations (nottingham) Limited
£922k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (4.9%)
-6% - Mic Installations (nottingham) Limited
4.9% - Industry AVG
Production
with a gross margin of 34.8%, this company has a higher cost of product (75.4%)
34.8% - Mic Installations (nottingham) Limited
75.4% - Industry AVG
Profitability
an operating margin of -3.1% make it less profitable than the average company (29.3%)
-3.1% - Mic Installations (nottingham) Limited
29.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Mic Installations (nottingham) Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)
£32.4k - Mic Installations (nottingham) Limited
£32.4k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£177k)
£1m - Mic Installations (nottingham) Limited
£177k - Industry AVG
Debtor Days
it gets paid by customers after 123 days, this is later than average (30 days)
123 days - Mic Installations (nottingham) Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (38 days)
0 days - Mic Installations (nottingham) Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mic Installations (nottingham) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mic Installations (nottingham) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.3%, this is a lower level of debt than the average (64.6%)
0.3% - Mic Installations (nottingham) Limited
64.6% - Industry AVG
MIC INSTALLATIONS (NOTTINGHAM) LIMITED financials
EXPORT
Mic Installations (Nottingham) Limited's latest turnover from March 2024 is estimated at £1 million and the company has net assets of £337.9 thousand. According to their latest financial statements, Mic Installations (Nottingham) Limited 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
1,001,151
988,508
997,805
1,205,116
944,545
126,311
217,905
27,803
84,208
79,996
512,296
519,429
425,908
47,761
Other Income Or Grants
Cost Of Sales
652,650
656,157
670,711
793,082
631,330
85,141
144,638
17,836
59,318
56,216
363,958
369,112
300,183
10,111
Gross Profit
348,501
332,351
327,094
412,035
313,215
41,170
73,267
9,967
24,890
23,780
148,338
150,317
125,725
37,650
Admin Expenses
379,297
365,596
360,221
255,651
61,674
77,188
101,759
39,463
25,172
68,855
-33,535
188,418
207,628
42,953
35,360
Operating Profit
-30,796
-33,245
-33,127
156,384
251,541
-36,018
-28,492
-29,496
-25,172
-43,965
57,315
-40,080
-57,311
82,772
2,290
Interest Payable
Interest Receivable
108
120
241
356
264
125
452
435
4,612
Pre-Tax Profit
-30,796
-33,245
-33,127
156,384
251,541
-36,018
-28,384
-29,376
-24,931
-43,609
57,579
-39,955
-56,859
83,207
6,902
Tax
-29,713
-47,793
-13,243
-23,298
-1,514
Profit After Tax
-30,796
-33,245
-33,127
126,671
203,748
-36,018
-28,384
-29,376
-24,931
-43,609
44,336
-39,955
-56,859
59,909
5,388
Dividends Paid
90,000
Retained Profit
-30,796
-33,245
-33,127
126,671
203,748
-36,018
-28,384
-29,376
-24,931
-43,609
44,336
-39,955
-56,859
59,909
-84,612
Employee Costs
32,393
30,378
29,726
26,916
27,414
27,144
26,295
25,590
26,060
24,787
47,959
47,964
46,761
24,760
Number Of Employees
1
1
1
1
1
1
1
1
1
1
2
2
2
1
EBITDA*
-30,796
-33,245
-33,127
156,384
251,541
-36,018
-28,492
-29,496
-25,172
-43,965
57,393
-39,988
-57,203
82,899
2,440
* 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
33,113
69,436
69,436
444
522
614
722
849
Intangible Assets
Investments & Other
425,000
425,000
400,000
400,000
535,000
590,000
590,000
710,000
Debtors (Due After 1 year)
Total Fixed Assets
33,113
69,436
69,436
425,000
425,000
400,000
400,444
535,522
590,614
590,722
710,849
Stock & work in progress
Trade Debtors
338,852
369,248
403,280
460,165
318,864
37,487
73,406
2,129
18,621
17,436
119,446
121,703
103,710
1,203
Group Debtors
Misc Debtors
55,420
67,364
89,933
107,538
102,799
126,737
Cash
43,172
53,091
43,394
98,958
6,555
43,280
137,687
36,317
misc current assets
total current assets
338,852
369,248
403,280
460,165
318,864
37,487
73,406
112,665
143,024
169,553
219,193
126,001
164,983
241,397
164,257
total assets
338,852
369,248
403,280
460,165
351,977
106,923
142,842
537,665
568,024
569,553
619,637
661,523
755,597
832,119
875,106
Bank overdraft
Bank loan
Trade Creditors
1,000
600
1,387
25,145
43,628
2,322
2,223
5,679
16,707
7,565
6,673
26,324
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
2,223
3,098
4,081
4,030
total current liabilities
1,000
600
1,387
25,145
43,628
2,322
2,223
3,098
4,081
5,679
16,707
7,565
6,673
26,324
4,030
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
49,102
50,103
53,721
49,204
49,543
54,171
83,558
89,212
122,357
total long term liabilities
50,103
53,721
49,204
49,543
54,171
83,558
89,212
122,357
total liabilities
1,000
600
1,387
25,145
43,628
2,322
2,223
53,201
57,802
54,883
66,250
61,736
90,231
115,536
126,387
net assets
337,852
368,648
401,893
435,020
308,349
104,601
140,619
484,464
510,222
514,670
553,387
599,787
665,366
716,583
748,719
total shareholders funds
337,852
368,648
401,893
435,020
308,349
104,601
140,619
484,464
510,222
514,670
553,387
599,787
665,366
716,583
748,719
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
-30,796
-33,245
-33,127
156,384
251,541
-36,018
-28,492
-29,496
-25,172
-43,965
57,315
-40,080
-57,311
82,772
2,290
Depreciation
78
92
108
127
150
Amortisation
Tax
-29,713
-47,793
-13,243
-23,298
-1,514
Stock
Debtors
-30,396
-34,032
-56,885
141,301
281,377
-17,933
-14,073
-20,440
-36,226
5,924
789
-2,257
17,993
-24,230
127,940
Creditors
400
-787
-23,758
-18,483
41,306
99
2,223
-5,679
-11,028
9,142
892
-19,651
26,324
Accruals and Deferred Income
-2,223
-875
-983
4,081
-4,030
4,030
Deferred Taxes & Provisions
-49,102
-1,001
-3,618
4,517
-339
-4,628
-29,387
-5,654
-33,145
122,357
Cash flow from operations
-33,113
-36,323
-69,311
-14,072
-13,657
13,973
-61,256
47,875
-66,226
-100,501
72,980
-627
Investing Activities
capital expenditure
33,113
36,323
-69,436
444
-999
Change in Investments
-425,000
25,000
-135,000
-55,000
-120,000
710,000
cash flow from investments
33,113
36,323
355,564
-25,000
444
135,000
55,000
120,000
-710,999
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
-315,461
3,618
20,483
4,892
-90,736
-25,624
5,642
-92,045
833,331
interest
108
120
241
356
264
125
452
435
4,612
cash flow from financing
-315,353
3,738
20,724
5,248
-90,472
-25,499
6,094
-91,610
837,943
cash and cash equivalents
cash
-43,172
-9,919
9,697
-55,564
92,403
-36,725
-94,407
101,370
36,317
overdraft
change in cash
-43,172
-9,919
9,697
-55,564
92,403
-36,725
-94,407
101,370
36,317
mic installations (nottingham) limited 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 mic installations (nottingham) limited. Get real-time insights into mic installations (nottingham) limited's credit score, group structure and payment trends.
Mic Installations (nottingham) Limited Competitor Analysis
Perform a competitor analysis for mic installations (nottingham) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in DE5 area or any other competitors across 12 key performance metrics.
mic installations (nottingham) limited Ownership
MIC INSTALLATIONS (NOTTINGHAM) LIMITED group structure
Mic Installations (Nottingham) Limited has no subsidiary companies.
Ultimate parent company
MIC INSTALLATIONS (NOTTINGHAM) LIMITED
00870185
MIC INSTALLATIONS (NOTTINGHAM) LIMITED Shareholders
The sole shareholder of Mic Installations (Nottingham) Limited is Marylyn Curtis.
marylyn curtis
100%
mic installations (nottingham) limited directors
Mic Installations (Nottingham) Limited currently has 1 director, Mrs Marylyn Curtis serving since Jul 2003.
mic installations (nottingham) limited company details
company number
00870185
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
February 1966
age
59
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
3 derby road, ripley, derbyshire, DE5 3EA
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
mic installations (nottingham) 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 found 6 charges/mortgages relating to mic installations (nottingham) limited. Currently there are 0 open charges and 6 have been satisfied in the past.
mic installations (nottingham) 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 MIC INSTALLATIONS (NOTTINGHAM) LIMITED. This can take several minutes, an email will notify you when this has completed.
mic installations (nottingham) limitedCompanies House Filings - See Documents
