mindex limited
mindex limited Company Information
Company Number
01800799
Next Accounts
9 days late
Directors
Shareholders
jeremy matthew nichols
Group Structure
View All
Industry
Non-specialised wholesale trade
Registered Address
unit 6 gatwick metro centre, balcombe road, horley, surrey, RH6 9GA
Website
www.mindex.co.ukmindex limited Estimated Valuation
Pomanda estimates the enterprise value of MINDEX LIMITED at £465.7k based on a Turnover of £1.5m and 0.32x industry multiple (adjusted for size and gross margin).
mindex limited Estimated Valuation
Pomanda estimates the enterprise value of MINDEX LIMITED at £0 based on an EBITDA of £-9.5k and a 3.97x industry multiple (adjusted for size and gross margin).
mindex limited Estimated Valuation
Pomanda estimates the enterprise value of MINDEX LIMITED at £57.1k based on Net Assets of £21.8k and 2.62x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mindex Limited Overview
Mindex Limited is a live company located in horley, RH6 9GA with a Companies House number of 01800799. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in March 1984, it's largest shareholder is jeremy matthew nichols with a 100% stake. Mindex Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.
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Mindex Limited Health Check
Pomanda's financial health check has awarded Mindex Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£14.8m)
- Mindex Limited
£14.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (5.9%)
- Mindex Limited
5.9% - Industry AVG
Production
with a gross margin of 27.3%, this company has a comparable cost of product (27.3%)
- Mindex Limited
27.3% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (5.3%)
- Mindex Limited
5.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (37)
3 - Mindex Limited
37 - Industry AVG
Pay Structure
on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)
- Mindex Limited
£42.6k - Industry AVG
Efficiency
resulting in sales per employee of £485.8k, this is more efficient (£366.2k)
- Mindex Limited
£366.2k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is near the average (52 days)
- Mindex Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (33 days)
- Mindex Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 222 days, this is more than average (76 days)
- Mindex Limited
76 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (15 weeks)
3 weeks - Mindex Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98%, this is a higher level of debt than the average (47.5%)
98% - Mindex Limited
47.5% - Industry AVG
MINDEX LIMITED financials
Mindex Limited's latest turnover from June 2023 is estimated at £1.5 million and the company has net assets of £21.8 thousand. According to their latest financial statements, Mindex Limited has 3 employees and maintains cash reserves of £60.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 269 | 1,878 | 3,963 | 1,149 | 2,254 | 3,359 | 2,417 | 4,722 | 8,417 | 13,164 | 7,023 | 3,861 | 4,836 | 7,508 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 269 | 1,878 | 3,963 | 1,149 | 2,254 | 3,359 | 2,417 | 4,722 | 8,417 | 13,164 | 7,023 | 3,861 | 4,836 | 7,508 |
| Stock & work in progress | 645,322 | 645,341 | 500,149 | 512,780 | 369,580 | 281,333 | 299,245 | 189,126 | 114,316 | 102,947 | 106,000 | 94,723 | 62,170 | 64,215 |
| Trade Debtors | 174,901 | 165,005 | 330,024 | 352,230 | 241,988 | 257,289 | 100,936 | 196,545 | 410,462 | 202,459 | 579,140 | 316,151 | 519,675 | 409,620 |
| Group Debtors | ||||||||||||||
| Misc Debtors | 198,409 | 140,783 | 150,788 | 188,595 | 197,180 | 182,967 | 130,171 | 118,171 | 89,064 | 67,160 | ||||
| Cash | 60,876 | 82,478 | 79,630 | 119,839 | 81,655 | 75,488 | 57,843 | 47,706 | 114,162 | 213,790 | 33,601 | 132,204 | 2,084 | 58,417 |
| misc current assets | ||||||||||||||
| total current assets | 1,079,508 | 1,033,607 | 1,060,591 | 1,173,444 | 890,403 | 797,077 | 588,195 | 551,548 | 638,940 | 608,260 | 785,901 | 543,078 | 583,929 | 532,252 |
| total assets | 1,079,777 | 1,035,485 | 1,064,554 | 1,174,593 | 892,657 | 800,436 | 590,612 | 556,270 | 647,357 | 621,424 | 792,924 | 546,939 | 588,765 | 539,760 |
| Bank overdraft | 157,853 | 193,600 | 122,888 | 85,050 | 49,070 | 118,075 | 91,605 | 30,288 | ||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 189,550 | 123,678 | 98,896 | 192,333 | 552,786 | 377,761 | 160,839 | 40,998 | 379,366 | 310,035 | 471,904 | 427,663 | 561,549 | 511,932 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 660,127 | 579,959 | 651,085 | 607,317 | 112,845 | 132,792 | 46,140 | 254,912 | ||||||
| total current liabilities | 1,007,530 | 897,237 | 872,869 | 884,700 | 714,701 | 628,628 | 298,584 | 326,198 | 379,366 | 310,035 | 471,904 | 427,663 | 561,549 | 511,932 |
| loans | 50,000 | 75,000 | 125,000 | 125,000 | ||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 6,535 | 55,278 | 110,579 | 72,872 | ||||||||||
| provisions | 447 | 552 | 682 | 682 | 682 | 682 | 682 | 682 | 1,363 | 2,242 | 927 | 190 | 244 | 627 |
| total long term liabilities | 50,447 | 82,087 | 180,960 | 236,261 | 73,554 | 682 | 682 | 682 | 1,363 | 2,242 | 927 | 190 | 244 | 627 |
| total liabilities | 1,057,977 | 979,324 | 1,053,829 | 1,120,961 | 788,255 | 629,310 | 299,266 | 326,880 | 380,729 | 312,277 | 472,831 | 427,853 | 561,793 | 512,559 |
| net assets | 21,800 | 56,161 | 10,725 | 53,632 | 104,402 | 171,126 | 291,346 | 229,390 | 266,628 | 309,147 | 320,093 | 119,086 | 26,972 | 27,201 |
| total shareholders funds | 21,800 | 56,161 | 10,725 | 53,632 | 104,402 | 171,126 | 291,346 | 229,390 | 266,628 | 309,147 | 320,093 | 119,086 | 26,972 | 27,201 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 2,204 | 2,085 | 2,085 | 1,105 | 1,105 | 1,105 | 2,306 | 4,352 | 4,747 | 4,955 | 4,531 | 2,909 | 3,145 | 4,384 |
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | -19 | 145,192 | -12,631 | 143,200 | 88,247 | -17,912 | 110,119 | 74,810 | 11,369 | -3,053 | 11,277 | 32,553 | -2,045 | 64,215 |
| Debtors | 67,522 | -175,024 | -60,013 | 101,657 | -1,088 | 209,149 | -83,609 | -95,746 | 118,939 | -354,777 | 330,149 | -203,524 | 110,055 | 409,620 |
| Creditors | 65,872 | 24,782 | -93,437 | -360,453 | 175,025 | 216,922 | 119,841 | -338,368 | 69,331 | -161,869 | 44,241 | -133,886 | 49,617 | 511,932 |
| Accruals and Deferred Income | 80,168 | -71,126 | 43,768 | 494,472 | -19,947 | 86,652 | -208,772 | 254,912 | ||||||
| Deferred Taxes & Provisions | -105 | -130 | -681 | -879 | 1,315 | 737 | -54 | -383 | 627 | |||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -25,000 | -50,000 | 125,000 | |||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -6,535 | -48,743 | -55,301 | 37,707 | 72,872 | |||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -21,602 | 2,848 | -40,209 | 38,184 | 6,167 | 17,645 | 10,137 | -66,456 | -99,628 | 180,189 | -98,603 | 130,120 | -56,333 | 58,417 |
| overdraft | -35,747 | 70,712 | 37,838 | 35,980 | -69,005 | 26,470 | 61,317 | 30,288 | ||||||
| change in cash | 14,145 | -67,864 | -78,047 | 2,204 | 75,172 | -8,825 | -51,180 | -96,744 | -99,628 | 180,189 | -98,603 | 130,120 | -56,333 | 58,417 |
mindex limited Credit Report and Business Information
Mindex Limited Competitor Analysis
Perform a competitor analysis for mindex limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in RH6 area or any other competitors across 12 key performance metrics.
mindex limited Ownership
MINDEX LIMITED group structure
Mindex Limited has no subsidiary companies.
Ultimate parent company
MINDEX LIMITED
01800799
mindex limited directors
Mindex Limited currently has 1 director, Mr Jeremy Nichols serving since Dec 1991.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeremy Nichols | United Kingdom | 76 years | Dec 1991 | - | Director |
P&L
June 2023turnover
1.5m
+11%
operating profit
-11.7k
0%
gross margin
27.4%
-1.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
21.8k
-0.61%
total assets
1.1m
+0.04%
cash
60.9k
-0.26%
net assets
Total assets minus all liabilities
mindex limited company details
company number
01800799
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
March 1984
age
41
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
minders export limited (July 1984)
accountant
-
auditor
-
address
unit 6 gatwick metro centre, balcombe road, horley, surrey, RH6 9GA
Bank
-
Legal Advisor
-
mindex 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 4 charges/mortgages relating to mindex limited. Currently there are 1 open charges and 3 have been satisfied in the past.
mindex 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 MINDEX LIMITED. This can take several minutes, an email will notify you when this has completed.
mindex limited Companies House Filings - See Documents
| date | description | view/download |
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