mycronic ltd Company Information
Company Number
02524693
Website
www.mycronic.comRegistered Address
unit 2 concept park, innovation close, poole, dorset, BH12 4QT
Industry
Manufacture of other special-purpose machinery n.e.c.
Telephone
01202723585
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
mycronic ab 100%
mycronic ltd Estimated Valuation
Pomanda estimates the enterprise value of MYCRONIC LTD at £4.4m based on a Turnover of £7.1m and 0.62x industry multiple (adjusted for size and gross margin).
mycronic ltd Estimated Valuation
Pomanda estimates the enterprise value of MYCRONIC LTD at £3.3m based on an EBITDA of £648.7k and a 5.01x industry multiple (adjusted for size and gross margin).
mycronic ltd Estimated Valuation
Pomanda estimates the enterprise value of MYCRONIC LTD at £7.3m based on Net Assets of £3.5m and 2.11x industry multiple (adjusted for liquidity).
Mycronic Ltd AI Business Plan
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Mycronic Ltd Overview
Mycronic Ltd is a live company located in poole, BH12 4QT with a Companies House number of 02524693. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in July 1990, it's largest shareholder is mycronic ab with a 100% stake. Mycronic Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £7.1m with healthy growth in recent years.
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Mycronic Ltd Health Check
Pomanda's financial health check has awarded Mycronic Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £7.1m, make it smaller than the average company (£10.6m)
£7.1m - Mycronic Ltd
£10.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (-0.1%)
11% - Mycronic Ltd
-0.1% - Industry AVG
Production
with a gross margin of 27.8%, this company has a comparable cost of product (30.9%)
27.8% - Mycronic Ltd
30.9% - Industry AVG
Profitability
an operating margin of 7.8% make it more profitable than the average company (5.4%)
7.8% - Mycronic Ltd
5.4% - Industry AVG
Employees
with 13 employees, this is below the industry average (63)
13 - Mycronic Ltd
63 - Industry AVG
Pay Structure
on an average salary of £61.4k, the company has a higher pay structure (£48.7k)
£61.4k - Mycronic Ltd
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £549.8k, this is more efficient (£173.4k)
£549.8k - Mycronic Ltd
£173.4k - Industry AVG
Debtor Days
it gets paid by customers after 125 days, this is later than average (61 days)
125 days - Mycronic Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (45 days)
2 days - Mycronic Ltd
45 days - Industry AVG
Stock Days
it holds stock equivalent to 71 days, this is in line with average (85 days)
71 days - Mycronic Ltd
85 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (14 weeks)
48 weeks - Mycronic Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.4%, this is a lower level of debt than the average (48.7%)
42.4% - Mycronic Ltd
48.7% - Industry AVG
mycronic ltd Credit Report and Business Information
Mycronic Ltd Competitor Analysis
Perform a competitor analysis for mycronic ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mycronic ltd Ownership
MYCRONIC LTD group structure
Mycronic Ltd has no subsidiary companies.
Ultimate parent company
MYCRONIC AB
#0102204
1 parent
MYCRONIC LTD
02524693
mycronic ltd directors
Mycronic Ltd currently has 3 directors. The longest serving directors include Mr Clemens Jargon (Apr 2020) and Mr Anthony Bradbury (Jul 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Clemens Jargon | 58 years | Apr 2020 | - | Director | |
Mr Anthony Bradbury | England | 51 years | Jul 2021 | - | Director |
Mr Pierre Brorsson | 51 years | Apr 2023 | - | Director |
MYCRONIC LTD financials
Mycronic Ltd's latest turnover from December 2022 is £7.1 million and the company has net assets of £3.5 million. According to their latest financial statements, Mycronic Ltd has 13 employees and maintains cash reserves of £2.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 7,147,423 | 6,474,612 | 4,253,678 | 5,223,469 | 5,753,399 | 5,268,511 | 2,555,449 | 5,538,610 | 5,811,406 | 2,881,962 | 4,455,362 | 4,035,277 | 3,554,663 | 2,464,237 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 5,160,999 | 4,624,178 | 2,726,418 | 3,502,117 | 3,796,874 | 3,266,126 | 1,207,564 | 3,750,292 | 4,181,804 | 1,720,968 | 3,217,062 | 2,786,622 | 2,479,759 | 1,454,240 |
Gross Profit | 1,986,424 | 1,850,434 | 1,527,260 | 1,721,352 | 1,956,525 | 2,002,385 | 1,347,885 | 1,788,318 | 1,629,602 | 1,160,994 | 1,238,300 | 1,248,655 | 1,074,904 | 1,009,997 |
Admin Expenses | 1,432,033 | 1,223,153 | 1,170,113 | 1,408,645 | 1,605,952 | 1,649,914 | 1,263,318 | 1,371,958 | 1,221,774 | 994,444 | 1,053,083 | 1,034,359 | 1,021,330 | 817,366 |
Operating Profit | 554,391 | 627,281 | 357,147 | 312,707 | 350,573 | 352,471 | 84,567 | 416,360 | 407,828 | 166,550 | 185,217 | 214,296 | 53,574 | 192,631 |
Interest Payable | 2,675 | 1,686 | 3,343 | 4,658 | 0 | 0 | 0 | 108 | 250 | 0 | 583 | 2,262 | 2,662 | 2,724 |
Interest Receivable | 0 | 11 | 0 | 0 | 25 | 928 | 798 | 1,406 | 845 | 1,413 | 1,183 | 720 | 358 | 817 |
Pre-Tax Profit | 551,716 | 625,606 | 353,804 | 308,049 | 350,598 | 353,399 | 85,365 | 417,658 | 408,423 | 167,963 | 185,817 | 212,754 | 51,270 | 190,724 |
Tax | -105,364 | -118,538 | -67,676 | -59,929 | -64,182 | -68,671 | -18,797 | -86,958 | -88,319 | -38,239 | -48,694 | -60,262 | -25,547 | -18,009 |
Profit After Tax | 446,352 | 507,068 | 286,128 | 248,120 | 286,416 | 284,728 | 66,568 | 330,700 | 320,104 | 129,724 | 137,123 | 152,492 | 25,723 | 172,715 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 446,352 | 507,068 | 286,128 | 248,120 | 286,416 | 284,728 | 66,568 | 330,700 | 320,104 | 129,724 | 137,123 | 152,492 | 25,723 | 172,715 |
Employee Costs | 798,841 | 680,128 | 688,781 | 788,599 | 909,195 | 931,395 | 733,229 | 784,589 | 657,820 | 585,330 | 597,159 | 568,769 | 530,735 | 445,045 |
Number Of Employees | 13 | 13 | 13 | 14 | 13 | 13 | 12 | 11 | 11 | 10 | 10 | 9 | 9 | 9 |
EBITDA* | 648,716 | 739,939 | 481,583 | 437,964 | 365,508 | 367,406 | 97,281 | 419,217 | 410,251 | 173,989 | 211,592 | 240,295 | 84,413 | 223,139 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 316,267 | 124,115 | 201,340 | 265,600 | 30,097 | 45,032 | 59,967 | 69,069 | 1,434 | 3,547 | 9,746 | 30,563 | 56,562 | 84,341 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 316,267 | 124,115 | 201,340 | 265,600 | 30,097 | 45,032 | 59,967 | 69,069 | 1,434 | 3,547 | 9,746 | 30,563 | 56,562 | 84,341 |
Stock & work in progress | 1,006,726 | 1,162,875 | 979,096 | 1,137,732 | 900,780 | 683,960 | 706,162 | 747,119 | 579,500 | 285,287 | 436,806 | 605,789 | 351,066 | 490,161 |
Trade Debtors | 2,457,348 | 2,154,299 | 578,408 | 1,388,655 | 1,381,375 | 2,130,136 | 1,221,770 | 1,447,024 | 1,421,762 | 836,975 | 1,062,180 | 718,216 | 880,277 | 258,551 |
Group Debtors | 89,076 | 62,267 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 19,899 | 69,517 | 73,246 | 92,983 | 71,889 | 91,878 | 112,671 | 100,397 | 74,832 | 91,390 | 92,771 | 59,492 | 75,527 |
Cash | 2,188,417 | 1,067,718 | 1,972,413 | 834,953 | 1,479,791 | 1,533,043 | 382,921 | 1,186,837 | 796,810 | 1,589,079 | 844,693 | 591,425 | 356,819 | 187,805 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 5,741,567 | 4,467,058 | 3,599,434 | 3,434,586 | 3,854,929 | 4,419,028 | 2,402,731 | 3,493,651 | 2,898,469 | 2,786,173 | 2,435,069 | 2,008,201 | 1,647,654 | 1,012,044 |
total assets | 6,057,834 | 4,591,173 | 3,800,774 | 3,700,186 | 3,885,026 | 4,464,060 | 2,462,698 | 3,562,720 | 2,899,903 | 2,789,720 | 2,444,815 | 2,038,764 | 1,704,216 | 1,096,385 |
Bank overdraft | 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 |
Trade Creditors | 33,659 | 37,880 | 32,840 | 29,525 | 108,319 | 70,278 | 42,275 | 106,760 | 49,371 | 7,266 | 29,421 | 42,818 | 55,178 | 30,523 |
Group/Directors Accounts | 1,007,928 | 438,464 | 139,885 | 384,278 | 847,524 | 1,168,767 | 303,442 | 1,082,616 | 1,088,726 | 1,388,513 | 1,198,843 | 804,468 | 692,208 | 366,020 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 77,387 | 78,838 | 141,011 | 108,910 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 1,204,438 | 942,526 | 889,072 | 785,974 | 916,899 | 1,499,863 | 679,341 | 999,274 | 715,996 | 671,792 | 628,664 | 669,893 | 583,627 | 357,679 |
total current liabilities | 2,323,412 | 1,497,708 | 1,202,808 | 1,308,687 | 1,872,742 | 2,738,908 | 1,025,058 | 2,188,650 | 1,854,093 | 2,067,571 | 1,856,928 | 1,517,179 | 1,331,013 | 754,222 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 68,340 | 68,340 | 68,340 |
hp & lease commitments | 222,922 | 27,485 | 42,724 | 123,223 | 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 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 22,526 | 23,358 | 19,688 | 18,850 | 10,978 | 10,262 | 7,478 | 10,476 | 12,916 | 9,359 | 4,821 | 7,302 | 11,412 | 6,095 |
total long term liabilities | 245,448 | 50,843 | 62,412 | 142,073 | 10,978 | 10,262 | 7,478 | 10,476 | 12,916 | 9,359 | 4,821 | 75,642 | 79,752 | 74,435 |
total liabilities | 2,568,860 | 1,548,551 | 1,265,220 | 1,450,760 | 1,883,720 | 2,749,170 | 1,032,536 | 2,199,126 | 1,867,009 | 2,076,930 | 1,861,749 | 1,592,821 | 1,410,765 | 828,657 |
net assets | 3,488,974 | 3,042,622 | 2,535,554 | 2,249,426 | 2,001,306 | 1,714,890 | 1,430,162 | 1,363,594 | 1,032,894 | 712,790 | 583,066 | 445,943 | 293,451 | 267,728 |
total shareholders funds | 3,488,974 | 3,042,622 | 2,535,554 | 2,249,426 | 2,001,306 | 1,714,890 | 1,430,162 | 1,363,594 | 1,032,894 | 712,790 | 583,066 | 445,943 | 293,451 | 267,728 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 554,391 | 627,281 | 357,147 | 312,707 | 350,573 | 352,471 | 84,567 | 416,360 | 407,828 | 166,550 | 185,217 | 214,296 | 53,574 | 192,631 |
Depreciation | 94,325 | 112,658 | 124,436 | 125,257 | 14,935 | 14,935 | 12,714 | 2,857 | 2,423 | 7,439 | 26,375 | 25,999 | 30,839 | 30,508 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -105,364 | -118,538 | -67,676 | -59,929 | -64,182 | -68,671 | -18,797 | -86,958 | -88,319 | -38,239 | -48,694 | -60,262 | -25,547 | -18,009 |
Stock | -156,149 | 183,779 | -158,636 | 236,952 | 216,820 | -22,202 | -40,957 | 167,619 | 294,213 | -151,519 | -168,983 | 254,723 | -139,095 | 490,161 |
Debtors | 309,959 | 1,588,540 | -813,976 | -12,457 | -727,667 | 888,377 | -246,047 | 37,536 | 610,352 | -241,763 | 342,583 | -128,782 | 605,691 | 334,078 |
Creditors | -4,221 | 5,040 | 3,315 | -78,794 | 38,041 | 28,003 | -64,485 | 57,389 | 42,105 | -22,155 | -13,397 | -12,360 | 24,655 | 30,523 |
Accruals and Deferred Income | 261,912 | 53,454 | 103,098 | -130,925 | -582,964 | 820,522 | -319,933 | 283,278 | 44,204 | 43,128 | -41,229 | 86,266 | 225,948 | 357,679 |
Deferred Taxes & Provisions | -832 | 3,670 | 838 | 7,872 | 716 | 2,784 | -2,998 | -2,440 | 3,557 | 4,538 | -2,481 | -4,110 | 5,317 | 6,095 |
Cash flow from operations | 646,401 | -1,088,754 | 1,493,770 | -48,307 | 267,966 | 283,869 | -21,928 | 465,331 | -492,767 | 554,543 | -67,809 | 123,888 | -151,810 | -224,812 |
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 569,464 | 298,579 | -244,393 | -463,246 | -321,243 | 865,325 | -779,174 | -6,110 | -299,787 | 189,670 | 394,375 | 112,260 | 326,188 | 366,020 |
Other Short Term Loans | 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 | -68,340 | 0 | 0 | 68,340 |
Hire Purchase and Lease Commitments | 193,986 | -77,412 | -48,398 | 232,133 | 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 |
share issue | ||||||||||||||
interest | -2,675 | -1,675 | -3,343 | -4,658 | 25 | 928 | 798 | 1,298 | 595 | 1,413 | 600 | -1,542 | -2,304 | -1,907 |
cash flow from financing | 760,775 | 219,492 | -296,134 | -235,771 | -321,218 | 866,253 | -778,376 | -4,812 | -299,192 | 191,083 | 326,635 | 110,718 | 323,884 | 527,466 |
cash and cash equivalents | ||||||||||||||
cash | 1,120,699 | -904,695 | 1,137,460 | -644,838 | -53,252 | 1,150,122 | -803,916 | 390,027 | -792,269 | 744,386 | 253,268 | 234,606 | 169,014 | 187,805 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 1,120,699 | -904,695 | 1,137,460 | -644,838 | -53,252 | 1,150,122 | -803,916 | 390,027 | -792,269 | 744,386 | 253,268 | 234,606 | 169,014 | 187,805 |
P&L
December 2022turnover
7.1m
+10%
operating profit
554.4k
-12%
gross margin
27.8%
-2.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
3.5m
+0.15%
total assets
6.1m
+0.32%
cash
2.2m
+1.05%
net assets
Total assets minus all liabilities
mycronic ltd company details
company number
02524693
Type
Private limited with Share Capital
industry
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
July 1990
age
34
accounts
Small Company
ultimate parent company
previous names
mydata automation ltd (June 2014)
mydata (great britain) limited (February 1998)
incorporated
UK
address
unit 2 concept park, innovation close, poole, dorset, BH12 4QT
last accounts submitted
December 2022
mycronic ltd 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 2 charges/mortgages relating to mycronic ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
mycronic ltd Companies House Filings - See Documents
date | description | view/download |
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