myi limited Company Information
Company Number
02561541
Next Accounts
Dec 2025
Shareholders
myi acquiror limited
Group Structure
View All
Industry
Risk and damage evaluation
Registered Address
forum house 15-18 lime street, london, EC3M 7AN
Website
swinton.co.ukmyi limited Estimated Valuation
Pomanda estimates the enterprise value of MYI LIMITED at £197m based on a Turnover of £50.7m and 3.89x industry multiple (adjusted for size and gross margin).
myi limited Estimated Valuation
Pomanda estimates the enterprise value of MYI LIMITED at £134m based on an EBITDA of £7.5m and a 17.82x industry multiple (adjusted for size and gross margin).
myi limited Estimated Valuation
Pomanda estimates the enterprise value of MYI LIMITED at £34.3m based on Net Assets of £22.2m and 1.55x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Myi Limited Overview
Myi Limited is a live company located in london, EC3M 7AN with a Companies House number of 02561541. It operates in the risk and damage evaluation sector, SIC Code 66210. Founded in November 1990, it's largest shareholder is myi acquiror limited with a 100% stake. Myi Limited is a mature, large sized company, Pomanda has estimated its turnover at £50.7m with healthy growth in recent years.
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Myi Limited Health Check
Pomanda's financial health check has awarded Myi Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs


6 Strong

3 Regular

2 Weak

Size
annual sales of £50.7m, make it larger than the average company (£2m)
£50.7m - Myi Limited
£2m - Industry AVG

Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (3.3%)
12% - Myi Limited
3.3% - Industry AVG

Production
with a gross margin of 53%, this company has a comparable cost of product (52.5%)
53% - Myi Limited
52.5% - Industry AVG

Profitability
an operating margin of 14.2% make it more profitable than the average company (3.7%)
14.2% - Myi Limited
3.7% - Industry AVG

Employees
with 310 employees, this is above the industry average (21)
310 - Myi Limited
21 - Industry AVG

Pay Structure
on an average salary of £104k, the company has a higher pay structure (£57.4k)
£104k - Myi Limited
£57.4k - Industry AVG

Efficiency
resulting in sales per employee of £163.4k, this is more efficient (£96.8k)
£163.4k - Myi Limited
£96.8k - Industry AVG

Debtor Days
it gets paid by customers after 78 days, this is near the average (85 days)
78 days - Myi Limited
85 days - Industry AVG

Creditor Days
its suppliers are paid after 39 days, this is slower than average (33 days)
39 days - Myi Limited
33 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Myi Limited
- - Industry AVG

Cash Balance
has cash to cover current liabilities for 6 weeks, this is average cash available to meet short term requirements (7 weeks)
6 weeks - Myi Limited
7 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 61.4%, this is a higher level of debt than the average (48.7%)
61.4% - Myi Limited
48.7% - Industry AVG
MYI LIMITED financials

Myi Limited's latest turnover from March 2024 is £50.7 million and the company has net assets of £22.2 million. According to their latest financial statements, Myi Limited has 310 employees and maintains cash reserves of £3.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 50,656,866 | 42,628,503 | 35,734,551 | 36,069,450 | 39,171,665 | 38,587,200 | 37,424,631 | 30,065,009 | 26,113,301 | 24,790,939 | 21,044,478 | 18,919,544 | 7,703,455 | 16,883,476 | 18,018,218 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 23,834,033 | 20,149,656 | 19,036,989 | 18,101,037 | 18,388,585 | 20,149,639 | 20,305,001 | 16,372,667 | 16,442,798 | 12,014,372 | 11,332,265 | 10,340,764 | 4,719,687 | ||
Gross Profit | 26,822,833 | 22,478,847 | 16,697,562 | 17,968,413 | 20,783,080 | 18,437,561 | 17,119,630 | 13,692,342 | 9,670,503 | 12,776,567 | 9,712,213 | 8,578,780 | 2,983,768 | ||
Admin Expenses | 19,644,318 | 15,693,012 | 16,463,357 | 13,688,764 | 13,574,641 | 25,915,060 | 11,915,680 | 9,856,416 | 6,398,029 | 9,743,416 | 7,289,821 | 6,385,988 | 2,661,548 | ||
Operating Profit | 7,178,515 | 6,785,835 | 234,205 | 4,279,649 | 7,208,439 | -7,477,499 | 5,203,950 | 3,835,926 | 3,272,474 | 3,033,151 | 2,422,392 | 2,192,792 | 322,220 | 1,678,676 | 1,646,986 |
Interest Payable | 467,283 | 438,305 | 410,094 | 389,438 | 380,195 | 375,668 | 350,130 | 357,034 | 362,736 | 364,671 | 296,917 | 112,428 | 96,471 | 111,554 | 78,161 |
Interest Receivable | 35 | 6,678 | 3,822 | 1,999 | 109,681 | 37,357 | |||||||||
Pre-Tax Profit | 5,760,401 | 6,536,003 | 145,145 | 3,450,833 | 6,929,869 | -7,737,719 | 4,983,679 | 3,775,503 | 4,022,243 | 2,858,062 | 1,935,035 | 2,070,161 | 6,335,536 | 1,527,368 | 1,665,482 |
Tax | -2,370,361 | -688,016 | 200,098 | -608,690 | -1,481,967 | -556,035 | -109,278 | -340,339 | -373,485 | 21,700 | 132,462 | -277,874 | 120,863 | -199,852 | -340,435 |
Profit After Tax | 3,390,040 | 5,847,987 | 345,243 | 2,842,143 | 5,447,902 | -8,293,754 | 4,874,401 | 3,435,164 | 3,648,758 | 2,879,762 | 2,067,497 | 1,792,287 | 6,456,399 | 1,327,516 | 1,325,047 |
Dividends Paid | 15,000,000 | 1,727,797 | 293,441 | 370,511 | 3,926,727 | 2,108,216 | 1,569,762 | 1,292,222 | 1,610,782 | ||||||
Retained Profit | -11,609,960 | 4,120,190 | 51,802 | 2,842,143 | 5,077,391 | -12,220,481 | 2,766,185 | 3,435,164 | 2,078,996 | 1,587,540 | 456,715 | 1,792,287 | 6,456,399 | 1,207,258 | 1,178,248 |
Employee Costs | 32,244,703 | 25,671,755 | 24,782,881 | 21,490,980 | 19,597,794 | 18,923,473 | 18,668,604 | 13,824,039 | 12,392,439 | 11,366,279 | 9,770,745 | 9,638,246 | 4,266,343 | 8,660,222 | 8,778,570 |
Number Of Employees | 310 | 279 | 256 | 254 | 243 | 253 | 245 | 185 | 172 | 165 | 143 | 146 | 59 | 182 | 203 |
EBITDA* | 7,520,301 | 7,139,883 | 530,573 | 4,541,635 | 7,496,692 | -7,184,159 | 5,483,862 | 3,993,692 | 3,414,913 | 3,161,545 | 2,543,473 | 2,324,106 | 364,767 | 1,961,073 | 1,908,441 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,494,939 | 850,898 | 691,642 | 250,452 | 240,976 | 293,919 | 296,675 | 264,218 | 260,694 | 283,475 | 351,641 | 427,770 | 352,383 | 441,358 | 397,817 |
Intangible Assets | 1,507,346 | 1,670,302 | 1,833,258 | 1,996,215 | 2,159,171 | 2,322,127 | 2,485,084 | 2,648,040 | 190,612 | 324,376 | |||||
Investments & Other | 1,023,474 | 2,565,150 | 2,574,353 | 1,940,758 | 2,271,817 | 1,939,268 | 1,705,126 | 3,301,440 | 6,918,164 | 6,909,505 | 5,309,987 | 76,728 | 76,728 | ||
Debtors (Due After 1 year) | 142,554 | 166,263 | |||||||||||||
Total Fixed Assets | 4,025,759 | 5,086,350 | 5,099,253 | 4,187,425 | 4,671,964 | 4,555,314 | 4,486,885 | 6,213,698 | 7,178,858 | 7,192,980 | 5,661,628 | 504,498 | 429,111 | 774,524 | 888,456 |
Stock & work in progress | 8,393,327 | 8,530,546 | 9,467,277 | 8,260,677 | 6,133,624 | 5,577,610 | 5,349,395 | 5,213,162 | 4,351,631 | 3,833,106 | 3,087,073 | ||||
Trade Debtors | 10,888,366 | 10,693,974 | 8,108,640 | 7,889,489 | 10,073,663 | 9,914,322 | 12,327,621 | 8,445,707 | 8,652,556 | 7,428,542 | 6,969,491 | 5,216,608 | 6,435,278 | 5,764,530 | 5,115,239 |
Group Debtors | 26,402,366 | 34,149,515 | 31,251,142 | 25,903,407 | 17,983,276 | 10,454,729 | 6,536,797 | 3,860,543 | 2,343,074 | 2,923,089 | 3,721,821 | 4,699,810 | 1,606,936 | 1,023,348 | 1,209,379 |
Misc Debtors | 3,685,538 | 2,237,583 | 1,385,414 | 708,639 | 736,603 | 786,578 | 2,665,025 | 2,803,988 | 2,249,306 | 2,041,582 | 1,897,558 | 1,200,471 | 674,060 | 490,728 | 684,551 |
Cash | 3,926,170 | 3,044,967 | 3,788,001 | 5,049,670 | 5,013,764 | 5,305,719 | 3,503,258 | 5,294,005 | 2,693,677 | 2,907,403 | 1,071,630 | 1,901,054 | 2,844,520 | 2,977,215 | 3,877,528 |
misc current assets | 8,560,605 | 8,073,241 | 7,110,614 | 7,370,698 | |||||||||||
total current assets | 53,463,045 | 58,199,280 | 51,643,811 | 46,921,903 | 42,200,633 | 34,991,894 | 34,499,978 | 28,664,920 | 22,072,237 | 20,878,226 | 19,009,895 | 18,231,105 | 15,912,425 | 14,088,927 | 13,973,770 |
total assets | 57,488,804 | 63,285,630 | 56,743,064 | 51,109,328 | 46,872,597 | 39,547,208 | 38,986,863 | 34,878,618 | 29,251,095 | 28,071,206 | 24,671,523 | 18,735,603 | 16,341,536 | 14,863,451 | 14,862,226 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 2,551,160 | 1,890,979 | 1,318,517 | 1,234,681 | 1,552,088 | 1,213,803 | 1,172,759 | 1,622,780 | 1,031,864 | 736,551 | 1,182,157 | 1,200,238 | 1,218,904 | 1,500,410 | 2,024,526 |
Group/Directors Accounts | 15,328,414 | 11,747,358 | 14,334,631 | 11,343,951 | 10,131,550 | 10,309,414 | 9,681,751 | 10,208,456 | 9,058,249 | 11,280,160 | 8,741,288 | 4,324,382 | 3,657,172 | 2,693,272 | 2,662,999 |
other short term finances | |||||||||||||||
hp & lease commitments | 27,850 | ||||||||||||||
other current liabilities | 12,492,642 | 11,447,432 | 11,365,178 | 10,545,727 | 9,867,228 | 7,441,776 | 7,735,847 | 5,400,506 | 5,029,890 | 4,007,554 | 4,366,365 | 3,295,842 | 3,324,081 | 1,830,117 | 1,929,692 |
total current liabilities | 30,372,216 | 25,085,769 | 27,018,326 | 23,124,359 | 21,550,866 | 18,964,993 | 18,590,357 | 17,231,742 | 15,120,003 | 16,024,265 | 14,289,810 | 8,820,462 | 8,200,157 | 6,023,799 | 6,645,067 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 4,950,937 | 4,242,331 | 1,358,789 | 1,311,898 | |||||||||||
provisions | 10,600 | 1,504 | 20,717 | 43,544 | 84,236 | ||||||||||
total long term liabilities | 4,950,937 | 4,242,331 | 10,600 | 215,741 | 430,296 | 361,570 | 280,333 | 263,315 | 107,781 | 121,436 | 133,703 | 1,536,036 | 1,481,698 | ||
total liabilities | 35,323,153 | 29,328,100 | 27,018,326 | 23,134,959 | 21,550,866 | 19,180,734 | 19,020,653 | 17,593,312 | 15,400,336 | 16,287,580 | 14,397,591 | 8,941,898 | 8,333,860 | 7,559,835 | 8,126,765 |
net assets | 22,165,651 | 33,957,530 | 29,724,738 | 27,974,369 | 25,321,731 | 20,366,474 | 19,966,210 | 17,285,306 | 13,850,759 | 11,783,626 | 10,273,932 | 9,793,705 | 8,007,676 | 5,937,478 | 5,485,805 |
total shareholders funds | 22,165,651 | 33,957,530 | 29,724,738 | 27,974,369 | 25,321,731 | 20,366,474 | 19,966,210 | 17,285,306 | 13,850,759 | 11,783,626 | 10,273,932 | 9,793,705 | 8,007,676 | 5,937,478 | 5,485,805 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 7,178,515 | 6,785,835 | 234,205 | 4,279,649 | 7,208,439 | -7,477,499 | 5,203,950 | 3,835,926 | 3,272,474 | 3,033,151 | 2,422,392 | 2,192,792 | 322,220 | 1,678,676 | 1,646,986 |
Depreciation | 178,830 | 191,092 | 133,411 | 99,030 | 125,297 | 130,383 | 116,956 | 157,766 | 142,439 | 128,394 | 121,081 | 131,314 | 42,547 | 128,360 | 164,248 |
Amortisation | 162,956 | 162,956 | 162,957 | 162,956 | 162,956 | 162,957 | 162,956 | 154,037 | 97,207 | ||||||
Tax | -2,370,361 | -688,016 | 200,098 | -608,690 | -1,481,967 | -556,035 | -109,278 | -340,339 | -373,485 | 21,700 | 132,462 | -277,874 | 120,863 | -199,852 | -340,435 |
Stock | -8,393,327 | -137,219 | -936,731 | 1,206,600 | 2,127,053 | 556,014 | 228,215 | 136,233 | 861,531 | 518,525 | 746,033 | 3,087,073 | |||
Debtors | -6,104,802 | 6,335,876 | 6,243,661 | 5,707,993 | 7,637,913 | -373,814 | 6,419,205 | 1,865,302 | 851,723 | -195,657 | 1,471,981 | 2,400,615 | 1,295,114 | 245,728 | 7,175,432 |
Creditors | 660,181 | 572,462 | 83,836 | -317,407 | 338,285 | 41,044 | -450,021 | 590,916 | 295,313 | -445,606 | -18,081 | -18,666 | -281,506 | -524,116 | 2,024,526 |
Accruals and Deferred Income | 1,045,210 | 82,254 | 819,451 | 678,499 | 2,425,452 | -294,071 | 2,335,341 | 370,616 | 1,022,336 | -358,811 | 1,070,523 | -28,239 | 1,493,964 | -99,575 | 1,929,692 |
Deferred Taxes & Provisions | -10,600 | 10,600 | -1,504 | 1,504 | -20,717 | 20,717 | -43,544 | -40,692 | 84,236 | ||||||
Cash flow from operations | 12,960,133 | 770,707 | -4,620,303 | 6,989,971 | 1,276,264 | -6,681,172 | -365,901 | 622,530 | 2,951,340 | 2,346,270 | 2,099,446 | -1,242,102 | -159,095 | 105,077 | -4,656,045 |
Investing Activities | |||||||||||||||
capital expenditure | -177,069 | -106,040 | |||||||||||||
Change in Investments | -1,541,676 | -9,203 | 633,595 | -331,059 | 332,549 | 234,142 | -1,596,314 | -3,616,724 | 8,659 | 1,599,518 | 5,233,259 | 76,728 | |||
cash flow from investments | -177,069 | -106,040 | |||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | 3,581,056 | -2,587,273 | 2,990,680 | 1,212,401 | -177,864 | 627,663 | -526,705 | 1,150,207 | -2,221,911 | 2,538,872 | 4,416,906 | 667,210 | 963,900 | 30,273 | 2,662,999 |
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | -27,850 | 27,850 | |||||||||||||
other long term liabilities | 708,606 | 4,242,331 | -1,358,789 | 46,891 | 1,311,898 | ||||||||||
share issue | |||||||||||||||
interest | -467,283 | -438,305 | -410,094 | -389,438 | -380,195 | -375,668 | -350,130 | -357,034 | -362,736 | -364,636 | -290,239 | -108,606 | -94,472 | -1,873 | -40,804 |
cash flow from financing | 3,640,460 | 1,329,355 | 4,279,153 | 633,458 | -680,193 | 12,872,740 | -962,116 | 792,556 | -2,596,510 | 2,096,390 | 4,150,179 | 552,346 | -4,875,562 | -708,144 | 8,269,500 |
cash and cash equivalents | |||||||||||||||
cash | 881,203 | -743,034 | -1,261,669 | 35,906 | -291,955 | 1,802,461 | -1,790,747 | 2,600,328 | -213,726 | 1,835,773 | -829,424 | -943,466 | -132,695 | -900,313 | 3,877,528 |
overdraft | |||||||||||||||
change in cash | 881,203 | -743,034 | -1,261,669 | 35,906 | -291,955 | 1,802,461 | -1,790,747 | 2,600,328 | -213,726 | 1,835,773 | -829,424 | -943,466 | -132,695 | -900,313 | 3,877,528 |
myi limited Credit Report and Business Information
Myi Limited Competitor Analysis

Perform a competitor analysis for myi limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC3M area or any other competitors across 12 key performance metrics.
myi limited Ownership
MYI LIMITED group structure
Myi Limited has 2 subsidiary companies.
Ultimate parent company
MARGAUX ACQUISITION INC
#0112842
2 parents
MYI LIMITED
02561541
2 subsidiaries
myi limited directors
Myi Limited currently has 3 directors. The longest serving directors include Mr Gary Brown (May 2004) and Mrs Natalie Robinette (Mar 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gary Brown | United States | 58 years | May 2004 | - | Director |
Mrs Natalie Robinette | England | 65 years | Mar 2021 | - | Director |
Mrs Natalie Robinette | England | 65 years | Mar 2021 | - | Director |
P&L
March 2024turnover
50.7m
+19%
operating profit
7.2m
+6%
gross margin
53%
+0.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
22.2m
-0.35%
total assets
57.5m
-0.09%
cash
3.9m
+0.29%
net assets
Total assets minus all liabilities
myi limited company details
company number
02561541
Type
Private limited with Share Capital
industry
66210 - Risk and damage evaluation
incorporation date
November 1990
age
35
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
mclarens international group limited (November 2004)
worthcool limited (January 1991)
accountant
-
auditor
GRANT THORNTON UK LLP
address
forum house 15-18 lime street, london, EC3M 7AN
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
myi 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 9 charges/mortgages relating to myi limited. Currently there are 4 open charges and 5 have been satisfied in the past.
myi 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 MYI LIMITED. This can take several minutes, an email will notify you when this has completed.
myi limited Companies House Filings - See Documents
date | description | view/download |
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