Pomanda estimates the enterprise value of MYCRONIC LTD at £5.4m based on a Turnover of £9.2m and 0.59x industry multiple (adjusted for size and gross margin).
mycronic ltdEstimated Valuation
£4.1m
Pomanda estimates the enterprise value of MYCRONIC LTD at £4.1m based on an EBITDA of £1m and a 4.06x industry multiple (adjusted for size and gross margin).
mycronic ltdEstimated Valuation
£7.7m
Pomanda estimates the enterprise value of MYCRONIC LTD at £7.7m based on Net Assets of £3.9m and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mycronic LtdOverview
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
£9.2m with
high
growth in recent years.
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 7 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
1 Regular
4 Weak
Size
annual sales of £9.2m, make it smaller than the average company (£12.5m)
£9.2m - Mycronic Ltd
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (5.3%)
29% - Mycronic Ltd
5.3% - Industry AVG
Production
with a gross margin of 28%, this company has a comparable cost of product (30.7%)
28% - Mycronic Ltd
30.7% - Industry AVG
Profitability
an operating margin of 10.1% make it more profitable than the average company (6.1%)
10.1% - Mycronic Ltd
6.1% - Industry AVG
Employees
with 14 employees, this is below the industry average (66)
14 - Mycronic Ltd
66 - Industry AVG
Pay Structure
on an average salary of £64k, the company has a higher pay structure (£51.9k)
£64k - Mycronic Ltd
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £654.1k, this is more efficient (£187.1k)
£654.1k - Mycronic Ltd
£187.1k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is earlier than average (58 days)
36 days - Mycronic Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (42 days)
1 days - Mycronic Ltd
42 days - Industry AVG
Stock Days
it holds stock equivalent to 70 days, this is less than average (88 days)
70 days - Mycronic Ltd
88 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 82 weeks, this is more cash available to meet short term requirements (13 weeks)
82 weeks - Mycronic Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.3%, this is a lower level of debt than the average (48.5%)
43.3% - Mycronic Ltd
48.5% - Industry AVG
MYCRONIC LTD financials
EXPORT
Mycronic Ltd's latest turnover from December 2023 is £9.2 million and the company has net assets of £3.9 million. According to their latest financial statements, Mycronic Ltd has 14 employees and maintains cash reserves of £4.3 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
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
9,157,441
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
Cost Of Sales
6,591,234
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
2,566,207
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
1,642,485
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
923,722
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
9,035
2,675
1,686
3,343
4,658
108
250
583
2,262
2,662
2,724
Interest Receivable
242
11
25
928
798
1,406
845
1,413
1,183
720
358
817
Pre-Tax Profit
914,929
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
-215,618
-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
699,311
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
250,000
Retained Profit
449,311
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
895,770
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
14
13
13
13
14
13
13
12
11
11
10
10
9
9
9
EBITDA*
1,018,014
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 2023
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
4,138
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
335,140
316,267
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
339,278
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
1,268,159
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
906,782
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
62,267
Misc Debtors
85,175
89,076
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
4,346,736
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
total current assets
6,606,852
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
6,946,130
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
Bank loan
Trade Creditors
32,625
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
1,038,405
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
hp & lease commitments
97,756
77,387
78,838
141,011
108,910
other current liabilities
1,562,631
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
2,731,417
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
68,340
68,340
68,340
hp & lease commitments
225,060
222,922
27,485
42,724
123,223
Accruals and Deferred Income
other liabilities
provisions
51,368
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
276,428
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
3,007,845
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
3,938,285
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
3,938,285
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 2023
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
923,722
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
637
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
93,655
94,325
Tax
-215,618
-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
261,433
-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
-1,554,467
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
-1,034
-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
358,193
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
28,842
-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
2,481,431
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
-117,303
-286,477
-35,433
-60,176
-360,760
-3,612
-70,492
-310
-1,240
-5,558
-3,060
-114,849
Change in Investments
cash flow from investments
-117,303
-286,477
-35,433
-60,176
-360,760
-3,612
-70,492
-310
-1,240
-5,558
-3,060
-114,849
Financing Activities
Bank loans
Group/Directors Accounts
30,477
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
Long term loans
-68,340
68,340
Hire Purchase and Lease Commitments
22,507
193,986
-77,412
-48,398
232,133
other long term liabilities
share issue
95,013
interest
-8,793
-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
44,191
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
2,158,319
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
change in cash
2,158,319
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
mycronic ltd 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 mycronic ltd. Get real-time insights into mycronic ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mycronic ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in BH12 area or any other competitors across 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 Shareholders
The sole shareholder of Mycronic Ltd is Mycronic Ab.
mycronic ab
100%
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).
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
July 1990
age
35
incorporated
UK
ultimate parent company
MYCRONIC AB
accounts
Small Company
last accounts submitted
December 2023
previous names
mydata automation ltd (June 2014)
mydata (great britain) limited (February 1998)
accountant
-
auditor
MALCER & HOLE LLP
address
unit 2 concept park, innovation close, poole, dorset, BH12 4QT
Bank
HANDELSBANKEN PLC
Legal Advisor
COLES MILLER SOLICITORS LLP
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 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 MYCRONIC LTD. This can take several minutes, an email will notify you when this has completed.
mycronic ltdCompanies House Filings - See Documents
