mybond pawnbrokers limited

mybond pawnbrokers limited Company Information

Share MYBOND PAWNBROKERS LIMITED
Live (In Liquidation)
MatureSmallDeclining

Company Number

02526856

Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Retail sale of second-hand goods (other than antiques and antique books) in stores

 

Shareholders

robert winegarten

Group Structure

View All

Contact

Registered Address

170a-172 high street, rayleigh, essex, SS6 7BS

mybond pawnbrokers limited Estimated Valuation

£622k

Pomanda estimates the enterprise value of MYBOND PAWNBROKERS LIMITED at £622k based on a Turnover of £616.5k and 1.01x industry multiple (adjusted for size and gross margin).

mybond pawnbrokers limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of MYBOND PAWNBROKERS LIMITED at £2.1m based on an EBITDA of £451.6k and a 4.7x industry multiple (adjusted for size and gross margin).

mybond pawnbrokers limited Estimated Valuation

£8.6m

Pomanda estimates the enterprise value of MYBOND PAWNBROKERS LIMITED at £8.6m based on Net Assets of £2.6m and 3.36x industry multiple (adjusted for liquidity).

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Mybond Pawnbrokers Limited Overview

Mybond Pawnbrokers Limited is a live company located in essex, SS6 7BS with a Companies House number of 02526856. It operates in the retail sale of other second-hand goods in stores (not incl. antiques) sector, SIC Code 47799. Founded in July 1990, it's largest shareholder is robert winegarten with a 100% stake. Mybond Pawnbrokers Limited is a mature, small sized company, Pomanda has estimated its turnover at £616.5k with declining growth in recent years.

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Mybond Pawnbrokers Limited Health Check

Pomanda's financial health check has awarded Mybond Pawnbrokers Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £616.5k, make it smaller than the average company (£2.4m)

£616.5k - Mybond Pawnbrokers Limited

£2.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -57%, show it is growing at a slower rate (4.9%)

-57% - Mybond Pawnbrokers Limited

4.9% - Industry AVG

production

Production

with a gross margin of 73.4%, this company has a comparable cost of product (73.4%)

73.4% - Mybond Pawnbrokers Limited

73.4% - Industry AVG

profitability

Profitability

an operating margin of 73.3% make it more profitable than the average company (8.9%)

73.3% - Mybond Pawnbrokers Limited

8.9% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (13)

5 - Mybond Pawnbrokers Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)

£47.3k - Mybond Pawnbrokers Limited

£47.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £123.3k, this is equally as efficient (£123.3k)

£123.3k - Mybond Pawnbrokers Limited

£123.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Mybond Pawnbrokers Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Mybond Pawnbrokers Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mybond Pawnbrokers Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 920 weeks, this is more cash available to meet short term requirements (63 weeks)

920 weeks - Mybond Pawnbrokers Limited

63 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 5.6%, this is a lower level of debt than the average (46.6%)

5.6% - Mybond Pawnbrokers Limited

46.6% - Industry AVG

MYBOND PAWNBROKERS LIMITED financials

EXPORTms excel logo

Mybond Pawnbrokers Limited's latest turnover from August 2023 is estimated at £616.5 thousand and the company has net assets of £2.6 million. According to their latest financial statements, Mybond Pawnbrokers Limited has 5 employees and maintains cash reserves of £2.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover616,4945,190,4735,027,6057,516,2796,948,6246,867,6146,143,42615,420,54214,136,91513,828,79113,438,0238,580,3484,182,4084,118,382
Other Income Or Grants00000000000000
Cost Of Sales164,2131,393,8481,448,6391,951,3951,979,4372,022,5922,048,9375,237,8524,716,0864,623,5574,699,6163,149,1011,416,1581,378,236
Gross Profit452,2813,796,6243,578,9665,564,8844,969,1864,845,0224,094,48910,182,6909,420,8299,205,2348,738,4075,431,2472,766,2512,740,146
Admin Expenses6713,693,1643,359,9445,427,7604,871,0534,729,0314,012,01510,126,8569,374,0479,058,4078,510,5655,116,3042,445,0381,799,169
Operating Profit451,610103,460219,022137,12498,133115,99182,47455,83446,782146,827227,842314,943321,213940,977
Interest Payable00000000000000
Interest Receivable100,6118,3187342781,0238066041,0691,1072,2112,6543,0643,5921,643
Pre-Tax Profit552,221111,778219,756137,40299,156116,79883,07856,90347,889149,038230,496318,007324,806942,619
Tax-138,055-21,238-41,754-26,106-18,840-22,192-16,615-11,380-10,057-34,279-55,319-82,682-90,946-263,933
Profit After Tax414,16690,540178,002111,29680,31694,60666,46245,52237,832114,759175,177235,325233,860678,686
Dividends Paid00000000000000
Retained Profit414,16690,540178,002111,29680,31694,60666,46245,52237,832114,759175,177235,325233,860678,686
Employee Costs236,648351,910254,041301,448298,369292,099280,3329,585,0598,441,0318,484,9198,062,0724,828,9582,448,7172,460,462
Number Of Employees58677772462222192121316869
EBITDA*451,610105,056222,632139,946101,352118,01685,55259,23651,001149,098230,434317,050322,960943,032

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets06,2087,80411,41412,71410,89512,92015,62618,50610,78113,05211,9389,90011,647
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets06,2087,80411,41412,71410,89512,92015,62618,50610,78113,05211,9389,90011,647
Stock & work in progress014,6619,89430,06844,86760,06634,66438,22752,71350,58440,08016,14614,02811,214
Trade Debtors0964,815993,2961,463,4551,494,0881,476,6381,263,3291,185,9811,329,2581,274,9321,263,955814,819407,313430,561
Group Debtors00000000000000
Misc Debtors4,173103,94999,73491,500129,431138,331124,225122,759000000
Cash2,706,2901,126,5281,091,589376,024180,17192,570229,879253,283174,295268,543615,742445,921779,720657,113
misc current assets00000000000000
total current assets2,710,4632,209,9532,194,5131,961,0471,848,5571,767,6051,652,0971,600,2501,556,2661,594,0591,919,7771,276,8861,201,0611,098,888
total assets2,710,4632,216,1612,202,3171,972,4611,861,2711,778,5001,665,0171,615,8761,574,7721,604,8401,932,8291,288,8241,210,9611,110,535
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 0000000094,839164,373606,776138,304296,306384,615
Group/Directors Accounts0001,6377451401,4051,188000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities152,91471,598147,99193,81494,74093,27472,67889,735000000
total current liabilities152,91471,598147,99195,45195,48593,41474,08390,92394,839164,373606,776138,304296,306384,615
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions01,1801,4832,1692,2411,8572,3112,7923,2941,6602,0051,6491,1091,234
total long term liabilities01,1801,4832,1692,2411,8572,3112,7923,2941,6602,0051,6491,1091,234
total liabilities152,91472,778149,47497,62097,72695,27176,39493,71598,133166,033608,781139,953297,415385,849
net assets2,557,5492,143,3832,052,8431,874,8411,763,5451,683,2291,588,6231,522,1611,476,6391,438,8071,324,0481,148,871913,546724,686
total shareholders funds2,557,5492,143,3832,052,8431,874,8411,763,5451,683,2291,588,6231,522,1611,476,6391,438,8071,324,0481,148,871913,546724,686
Aug 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit451,610103,460219,022137,12498,133115,99182,47455,83446,782146,827227,842314,943321,213940,977
Depreciation01,5963,6102,8223,2192,0253,0783,4024,2192,2712,5922,1071,7472,055
Amortisation00000000000000
Tax-138,055-21,238-41,754-26,106-18,840-22,192-16,615-11,380-10,057-34,279-55,319-82,682-90,946-263,933
Stock-14,6614,767-20,174-14,799-15,19925,402-3,563-14,4862,12910,50423,9342,1182,81411,214
Debtors-1,064,591-24,266-461,925-68,5648,550227,41578,814-20,51854,32610,977449,136407,506-23,248430,561
Creditors0000000-94,839-69,534-442,403468,472-158,002-88,309384,615
Accruals and Deferred Income81,316-76,39354,177-9261,46620,596-17,05789,735000000
Deferred Taxes & Provisions-1,180-303-686-72384-454-481-5021,634-345356540-1251,234
Cash flow from operations1,472,94326,621716,468196,20591,011-136,851-23,85277,254-83,411-349,410170,873-332,718164,014623,173
Investing Activities
capital expenditure6,20800-1,522-5,0380-372-522-11,9440-3,706-4,1450-13,702
Change in Investments00000000000000
cash flow from investments6,20800-1,522-5,0380-372-522-11,9440-3,706-4,1450-13,702
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00-1,637892605-1,2652171,188000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue000000000000-45,00046,000
interest100,6118,3187342781,0238066041,0691,1072,2112,6543,0643,5921,643
cash flow from financing100,6118,318-9031,1701,628-4598212,2571,1072,2112,6543,064-41,40847,643
cash and cash equivalents
cash1,579,76234,939715,565195,85387,601-137,309-23,40478,988-94,248-347,199169,821-333,799122,607657,113
overdraft00000000000000
change in cash1,579,76234,939715,565195,85387,601-137,309-23,40478,988-94,248-347,199169,821-333,799122,607657,113

mybond pawnbrokers 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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Mybond Pawnbrokers Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mybond pawnbrokers 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 SS6 area or any other competitors across 12 key performance metrics.

mybond pawnbrokers limited Ownership

MYBOND PAWNBROKERS LIMITED group structure

Mybond Pawnbrokers Limited has no subsidiary companies.

Ultimate parent company

MYBOND PAWNBROKERS LIMITED

02526856

MYBOND PAWNBROKERS LIMITED Shareholders

robert winegarten 100%

mybond pawnbrokers limited directors

Mybond Pawnbrokers Limited currently has 3 directors. The longest serving directors include Ms Avril Winegarten (Jul 1990) and Mr Robert Winegarten (Apr 1997).

officercountryagestartendrole
Ms Avril Winegarten81 years Jul 1990- Director
Mr Robert Winegarten54 years Apr 1997- Director
Mrs Susan BensonUnited Kingdom57 years Jan 2024- Director

P&L

August 2023

turnover

616.5k

-88%

operating profit

451.6k

0%

gross margin

73.4%

+0.3%

turnover

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

Balance Sheet

August 2023

net assets

2.6m

+0.19%

total assets

2.7m

+0.22%

cash

2.7m

+1.4%

net assets

Total assets minus all liabilities

mybond pawnbrokers limited company details

company number

02526856

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

47799 - Retail sale of second-hand goods (other than antiques and antique books) in stores

incorporation date

July 1990

age

34

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

August 2023

previous names

mybond limited (October 1990)

accountant

-

auditor

-

address

170a-172 high street, rayleigh, essex, SS6 7BS

Bank

-

Legal Advisor

-

mybond pawnbrokers 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 3 charges/mortgages relating to mybond pawnbrokers limited. Currently there are 0 open charges and 3 have been satisfied in the past.

charges

mybond pawnbrokers limited Companies House Filings - See Documents

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