Mighty Micro Manchester Limited

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mighty micro manchester limited Company Information

Live

MatureSmallDeclining

Company Number

01997494

Next Accounts

Apr 2026

Industry

Other information technology and computer service activities

Directors

Manorma Somaia

Ramesh Somaia

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Shareholders

nealan ramesh somaia

Group Structure

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Contact

Registered Address

unit 3a demeter building, brighton road, stockport, SK4 2BE

Website

www.mighty-micro.co.uk

mighty micro manchester limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of MIGHTY MICRO MANCHESTER LIMITED at £1.9m based on Net Assets of £836.5k and 2.23x industry multiple (adjusted for liquidity).

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Mighty Micro Manchester Limited is a live company located in stockport, SK4 2BE with a Companies House number of 01997494. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 1986, it's largest shareholder is nealan ramesh somaia with a 100% stake. Mighty Micro Manchester Limited is a mature, small sized company, Pomanda has estimated its turnover at £505.2k with declining growth in recent years.

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Pomanda's financial health check has awarded Mighty Micro Manchester Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

4 Strong

2 Regular

6 Weak

Size

annual sales of £505.2k, make it smaller than the average company (£7.5m)

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (9.2%)

EXPORT

Mighty Micro Manchester Limited's latest turnover from July 2024 is estimated at £505.2 thousand and the company has net assets of £836.5 thousand. According to their latest financial statements, Mighty Micro Manchester Limited has 5 employees and maintains cash reserves of £380.6 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jul 2024	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Jul 2019	Jul 2018	Jul 2017	Jul 2016	Jul 2015	Jul 2014	Jul 2013	Jul 2012	Jul 2011	Jul 2010	Jul 2009
Turnover	505,207	466,072	470,847	748,938	566,984	700,813	580,565	587,667	494,917	210,717	293,425	363,413	638,874	246,099	297,477	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	255,883	236,005	227,181	375,359	273,670	335,798	276,349	277,004	230,279	98,045	137,330	170,414	298,970	114,597	133,162	0
Gross Profit	249,324	230,066	243,666	373,579	293,315	365,015	304,216	310,663	264,638	112,672	156,095	192,998	339,904	131,502	164,315	0
Admin Expenses	314,908	217,363	190,418	-2,370	90,856	356,562	197,854	316,766	265,754	107,309	165,646	201,952	325,439	131,909	137,836	-263,661
Operating Profit	-65,584	12,703	53,248	375,949	202,459	8,453	106,362	-6,103	-1,116	5,363	-9,551	-8,954	14,465	-407	26,479	263,661
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	22,408	32,141	10,638	883	512	1,645	1,324	500	889	949	854	822	867	903	866	397
Pre-Tax Profit	-43,176	44,844	63,885	376,832	202,970	10,098	107,686	-5,603	-227	6,313	-8,697	-8,132	15,332	496	27,346	264,058
Tax	0	-11,211	-12,138	-71,598	-38,564	-1,919	-20,460	0	0	-1,262	0	0	-3,680	-129	-7,657	-73,936
Profit After Tax	-43,176	33,633	51,747	305,234	164,406	8,179	87,226	-5,603	-227	5,050	-8,697	-8,132	11,652	367	19,689	190,122
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-43,176	33,633	51,747	305,234	164,406	8,179	87,226	-5,603	-227	5,050	-8,697	-8,132	11,652	367	19,689	190,122
Employee Costs	363,414	344,551	320,238	309,333	288,531	347,092	446,699	431,982	428,213	109,071	107,058	151,913	255,288	99,175	144,171	0
Number Of Employees	5	5	5	5	5	6	8	8	8	2	2	3	5	2	3	0
EBITDA*	-57,832	22,858	66,646	388,878	216,670	26,286	107,348	-4,766	640	7,741	-6,530	-7,086	17,005	2,919	30,377	265,749

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jul 2024	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Jul 2019	Jul 2018	Jul 2017	Jul 2016	Jul 2015	Jul 2014	Jul 2013	Jul 2012	Jul 2011	Jul 2010	Jul 2009
Tangible Assets	23,255	30,467	40,192	38,792	42,627	53,505	2,952	3,938	5,376	7,132	9,060	5,601	7,469	10,009	11,914	6,254
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	800	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	23,255	31,267	50,192	48,792	52,627	63,505	12,952	13,938	15,376	17,132	19,060	15,601	7,469	10,009	11,914	6,254
Stock & work in progress	138,021	122,473	115,283	60,499	20,999	197,017	59,937	47,079	56,945	59,544	83,519	75,590	62,056	67,342	56,590	70,036
Trade Debtors	21,085	22,039	26,590	0	36,833	73,573	46,575	50,774	25,483	21,675	32,123	49,368	97,498	30,617	42,205	42,707
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	366,775	353,887	5,874	54,450	6,944	9,324	11,070	10,845	14,628	0	0	0	0	0	0	0
Cash	380,574	473,068	812,553	889,458	876,177	147,004	291,541	238,095	161,805	193,665	185,951	155,804	173,058	173,607	187,729	158,865
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	906,455	971,467	960,300	1,004,407	940,953	426,918	409,123	346,793	258,861	274,884	301,593	280,762	332,612	271,566	286,524	271,608
total assets	929,710	1,002,734	1,010,492	1,053,199	993,580	490,423	422,075	360,731	274,237	292,016	320,653	296,363	340,081	281,575	298,438	277,862
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	79,879	73,326	111,416	161,043	300,877	75,980	54,716	87,784	23,318	56,965	90,652	57,665	93,251	46,397	63,627	62,740
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	9,393	44,396	48,020	92,044	195,960	80,125	50,912	43,726	16,095	0	0	0	0	0	0	0
total current liabilities	89,272	117,722	159,436	253,087	496,837	156,105	105,628	131,510	39,413	56,965	90,652	57,665	93,251	46,397	63,627	62,740
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	3,968	5,366	5,043	5,846	7,711	9,692	0	0	0	0	0	0	0	0	0	0
total long term liabilities	3,968	5,366	5,043	5,846	7,711	9,692	0	0	0	0	0	0	0	0	0	0
total liabilities	93,240	123,088	164,479	258,933	504,548	165,797	105,628	131,510	39,413	56,965	90,652	57,665	93,251	46,397	63,627	62,740
net assets	836,470	879,646	846,013	794,266	489,032	324,626	316,447	229,221	234,824	235,051	230,001	238,698	246,830	235,178	234,811	215,122
total shareholders funds	836,470	879,646	846,013	794,266	489,032	324,626	316,447	229,221	234,824	235,051	230,001	238,698	246,830	235,178	234,811	215,122

	Jul 2024	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Jul 2019	Jul 2018	Jul 2017	Jul 2016	Jul 2015	Jul 2014	Jul 2013	Jul 2012	Jul 2011	Jul 2010	Jul 2009
Operating Activities
Operating Profit	-65,584	12,703	53,248	375,949	202,459	8,453	106,362	-6,103	-1,116	5,363	-9,551	-8,954	14,465	-407	26,479	263,661
Depreciation	7,752	10,155	13,398	12,929	14,211	17,833	986	1,337	1,756	2,378	3,021	1,868	2,540	3,326	3,898	2,088
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-11,211	-12,138	-71,598	-38,564	-1,919	-20,460	0	0	-1,262	0	0	-3,680	-129	-7,657	-73,936
Stock	15,548	7,190	54,784	39,500	-176,018	137,080	12,858	-9,866	-2,599	-23,975	7,929	13,534	-5,286	10,752	-13,446	70,036
Debtors	11,934	343,462	-21,986	10,673	-39,120	25,252	-3,974	21,508	18,436	-10,448	-17,245	-48,130	66,881	-11,588	-502	42,707
Creditors	6,553	-38,090	-49,627	-139,834	224,897	21,264	-33,068	64,466	-33,647	-33,687	32,987	-35,586	46,854	-17,230	887	62,740
Accruals and Deferred Income	-35,003	-3,624	-44,024	-103,916	115,835	29,213	7,186	27,631	16,095	0	0	0	0	0	0	0
Deferred Taxes & Provisions	-1,398	323	-803	-1,865	-1,981	9,692	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-115,162	-380,396	-72,744	21,492	731,995	-77,796	52,122	75,689	-32,749	7,215	35,773	-8,076	-1,416	-13,604	37,555	141,810
Investing Activities
capital expenditure	-540	-430	-14,798	-9,094	-3,333	-68,386	0	101	0	-450	-6,480	0	0	-1,421	-9,558	-8,342
Change in Investments	-800	-9,200	0	0	0	0	0	0	0	0	0	10,000	0	0	0	0
cash flow from investments	260	8,770	-14,798	-9,094	-3,333	-68,386	0	101	0	-450	-6,480	-10,000	0	-1,421	-9,558	-8,342
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	25,000
interest	22,408	32,141	10,638	883	512	1,645	1,324	500	889	949	854	822	867	903	866	397
cash flow from financing	22,408	32,141	10,638	883	512	1,645	1,324	500	889	949	854	822	867	903	866	25,397
cash and cash equivalents
cash	-92,494	-339,485	-76,905	13,281	729,173	-144,537	53,446	76,290	-31,860	7,714	30,147	-17,254	-549	-14,122	28,864	158,865
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-92,494	-339,485	-76,905	13,281	729,173	-144,537	53,446	76,290	-31,860	7,714	30,147	-17,254	-549	-14,122	28,864	158,865

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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MIGHTY MICRO MANCHESTER LIMITED group structure

Mighty Micro Manchester Limited has no subsidiary companies.

Ultimate parent company

MIGHTY MICRO MANCHESTER LIMITED

01997494

MIGHTY MICRO MANCHESTER LIMITED Shareholders

nealan ramesh somaia

100%

Mighty Micro Manchester Limited currently has 3 directors. The longest serving directors include Mrs Manorma Somaia (Jan 1992) and Mr Ramesh Somaia (Jan 1992).

officer	country	age	start	end	role
Mrs Manorma Somaia	England	79 years	Jan 1992	-	Director
Mr Ramesh Somaia	England	83 years	Jan 1992	-	Director
Mr Nealan Somaia	England	56 years	Oct 2019	-	Director

P&L

July 2024

turnover

505.2k

+8%

operating profit

-65.6k

gross margin

49.4%

-0.02%

turnover

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

Balance Sheet

July 2024

net assets

836.5k

-0.05%

total assets

929.7k

-0.07%

cash

380.6k

-0.2%

net assets

Total assets minus all liabilities

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company number

01997494

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

March 1986

ultimate parent company

None

previous names

N/A

address

unit 3a demeter building, brighton road, stockport, SK4 2BE

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.

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mighty micro manchester limited Company Information

mighty micro manchester limited Estimated Valuation

mighty micro manchester limited Estimated Valuation

mighty micro manchester limited Estimated Valuation

Mighty Micro Manchester Limited Overview

Mighty Micro Manchester Limited Health Check

MIGHTY MICRO MANCHESTER LIMITED financials

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mighty micro manchester limited Ownership

mighty micro manchester limited directors

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