mirocourt limited

3.5

mirocourt limited Company Information

Share MIROCOURT LIMITED
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MatureMicroHigh

Company Number

01602564

Website

-

Registered Address

1085 oxford road, tilehurst, reading, berkshire, RG31 6YE

Industry

Electrical installation

 

Telephone

01189413108

Next Accounts Due

February 2025

Group Structure

View All

Directors

Rosie Pearson31 Years

Mark Pearson6 Years

Shareholders

mrs rosie caroline pearson 100%

mirocourt limited Estimated Valuation

£90.6k

Pomanda estimates the enterprise value of MIROCOURT LIMITED at £90.6k based on a Turnover of £211.3k and 0.43x industry multiple (adjusted for size and gross margin).

mirocourt limited Estimated Valuation

£246.9k

Pomanda estimates the enterprise value of MIROCOURT LIMITED at £246.9k based on an EBITDA of £55.6k and a 4.44x industry multiple (adjusted for size and gross margin).

mirocourt limited Estimated Valuation

£168.2k

Pomanda estimates the enterprise value of MIROCOURT LIMITED at £168.2k based on Net Assets of £55.1k and 3.05x industry multiple (adjusted for liquidity).

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Mirocourt Limited Overview

Mirocourt Limited is a live company located in reading, RG31 6YE with a Companies House number of 01602564. It operates in the electrical installation sector, SIC Code 43210. Founded in December 1981, it's largest shareholder is mrs rosie caroline pearson with a 100% stake. Mirocourt Limited is a mature, micro sized company, Pomanda has estimated its turnover at £211.3k with high growth in recent years.

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Mirocourt Limited Health Check

Pomanda's financial health check has awarded Mirocourt Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £211.3k, make it smaller than the average company (£818.8k)

£211.3k - Mirocourt Limited

£818.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (7.3%)

15% - Mirocourt Limited

7.3% - Industry AVG

production

Production

with a gross margin of 16.5%, this company has a higher cost of product (24.8%)

16.5% - Mirocourt Limited

24.8% - Industry AVG

profitability

Profitability

an operating margin of 26.3% make it more profitable than the average company (6.5%)

26.3% - Mirocourt Limited

6.5% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (10)

3 - Mirocourt Limited

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)

£41.1k - Mirocourt Limited

£41.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £70.4k, this is less efficient (£130k)

£70.4k - Mirocourt Limited

£130k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 120 days, this is later than average (59 days)

120 days - Mirocourt Limited

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 57 days, this is slower than average (43 days)

57 days - Mirocourt Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mirocourt Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Mirocourt Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 36.4%, this is a lower level of debt than the average (62.9%)

36.4% - Mirocourt Limited

62.9% - Industry AVG

MIROCOURT LIMITED financials

EXPORTms excel logo

Mirocourt Limited's latest turnover from May 2023 is estimated at £211.3 thousand and the company has net assets of £55.1 thousand. According to their latest financial statements, Mirocourt Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover211,257120,544157,741137,810284,817220,948208,329210,214182,232160,852236,775233,958236,752194,527
Other Income Or Grants00000000000000
Cost Of Sales176,331100,612134,070115,136233,750182,590170,615170,510148,408131,924190,436189,132185,439149,803
Gross Profit34,92619,93223,67122,67451,06638,35837,71439,70533,82428,92946,33944,82651,31244,723
Admin Expenses-20,66752,26725,29158,11113,431-26,25875,84033,93037,48940,57717,46452,06742,8706,966
Operating Profit55,593-32,335-1,620-35,43737,63564,616-38,1265,775-3,665-11,64828,875-7,2418,44237,757
Interest Payable00000000000000
Interest Receivable0000002711310311469440
Pre-Tax Profit55,593-32,335-1,620-35,43737,63564,616-38,0995,888-3,562-11,53428,944-7,2378,44637,757
Tax-13,898000-7,151-12,2770-1,17700-6,6570-2,196-10,572
Profit After Tax41,695-32,335-1,620-35,43730,48452,339-38,0994,710-3,562-11,53422,287-7,2376,25027,185
Dividends Paid00000000000000
Retained Profit41,695-32,335-1,620-35,43730,48452,339-38,0994,710-3,562-11,53422,287-7,2376,25027,185
Employee Costs123,28178,47176,65976,59779,85977,677116,39539,71639,82838,49373,94373,96271,55372,302
Number Of Employees32222231112222
EBITDA*55,593-32,335-1,620-35,43737,63564,616-38,1266,185-3,085-7,16730,561-7,24112,46241,928

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets12,10315,8736,1657,89010,5585,4587,9211,2311,6419,5482,3924,0788,9105,855
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets12,10315,8736,1657,89010,5585,4587,9211,2311,6419,5482,3924,0788,9105,855
Stock & work in progress00000002,0004,5007,0009,50014,00014,00018,103
Trade Debtors69,85229,91661,12448,527108,76177,81366,19861,81650,98846,13567,95064,55678,20356,415
Group Debtors00000000000000
Misc Debtors4,7083,1493,4122,2032,440000000000
Cash000000021,71323,48317,81627,71501,6480
misc current assets000004,1881,8880000000
total current assets74,56033,06564,53650,730111,20182,00168,08685,52978,97170,951105,16578,55693,85174,518
total assets86,66348,93870,70158,620121,75987,45976,00786,76080,61280,499107,55782,634102,76180,373
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 27,99528,69524,76111,23438,93635,12027,24448,56146,79541,53858,84956,21343,43539,460
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities27,99528,69524,76111,23438,93635,12027,24448,56146,79541,53858,84956,21343,43539,460
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities3,5426,81217400000000025,00013,500
provisions000000003281,910123123791128
total long term liabilities3,5426,812174000003281,91012312325,79113,628
total liabilities31,53735,50724,93511,23438,93635,12027,24448,56147,12343,44858,97256,33669,22653,088
net assets55,12613,43145,76647,38682,82352,33948,76338,19933,48937,05148,58526,29833,53527,285
total shareholders funds55,12613,43145,76647,38682,82352,33948,76338,19933,48937,05148,58526,29833,53527,285
May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit55,593-32,335-1,620-35,43737,63564,616-38,1265,775-3,665-11,64828,875-7,2418,44237,757
Depreciation00000004105804,4811,68604,0204,171
Amortisation00000000000000
Tax-13,898000-7,151-12,2770-1,17700-6,6570-2,196-10,572
Stock000000-2,000-2,500-2,500-2,500-4,5000-4,10318,103
Debtors41,495-31,47113,806-60,47133,38811,6154,38210,8284,853-21,8153,394-13,64721,78856,415
Creditors-7003,93413,527-27,7023,8167,876-21,3171,7665,257-17,3112,63612,7783,97539,460
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions0000000-328-1,5821,7870-668663128
Cash flow from operations-5003,070-1,899-2,66891248,600-61,825-1,882-1,7631,62427,64618,516-2,781-3,574
Investing Activities
capital expenditure3,770-9,7081,7252,668-5,1002,463-6,69007,327-11,63704,832-7,075-10,026
Change in Investments00000000000000
cash flow from investments3,770-9,7081,7252,668-5,1002,463-6,69007,327-11,63704,832-7,075-10,026
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities-3,2706,63817400000000-25,00011,50013,500
share issue00000-48,76348,663000000100
interest0000002711310311469440
cash flow from financing-3,2706,63817400-48,76348,69011310311469-24,99611,50413,600
cash and cash equivalents
cash000000-21,713-1,7705,667-9,89927,715-1,6481,6480
overdraft00000000000000
change in cash000000-21,713-1,7705,667-9,89927,715-1,6481,6480

mirocourt limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Mirocourt Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mirocourt limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in RG31 area or any other competitors across 12 key performance metrics.

mirocourt limited Ownership

MIROCOURT LIMITED group structure

Mirocourt Limited has no subsidiary companies.

Ultimate parent company

MIROCOURT LIMITED

01602564

MIROCOURT LIMITED Shareholders

mrs rosie caroline pearson 100%

mirocourt limited directors

Mirocourt Limited currently has 2 directors. The longest serving directors include Mrs Rosie Pearson (Jan 1993) and Mr Mark Pearson (Sep 2018).

officercountryagestartendrole
Mrs Rosie Pearson81 years Jan 1993- Director
Mr Mark Pearson57 years Sep 2018- Director

P&L

May 2023

turnover

211.3k

+75%

operating profit

55.6k

0%

gross margin

16.6%

-0.01%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

May 2023

net assets

55.1k

+3.1%

total assets

86.7k

+0.77%

cash

0

0%

net assets

Total assets minus all liabilities

mirocourt limited company details

company number

01602564

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

December 1981

age

43

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

May 2023

address

1085 oxford road, tilehurst, reading, berkshire, RG31 6YE

accountant

-

auditor

-

mirocourt 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 1 charges/mortgages relating to mirocourt limited. Currently there are 1 open charges and 0 have been satisfied in the past.

charges

mirocourt limited Companies House Filings - See Documents

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