mitre group limited
mitre group limited Company Information
Company Number
02768180
Next Accounts
Dec 2025
Shareholders
fghsecurity ltd
Group Structure
View All
Industry
Technical and vocational secondary education
Registered Address
alston house, white cross busine, south road, lancaster, LA1 4XQ
Website
www.mitreltd.commitre group limited Estimated Valuation
Pomanda estimates the enterprise value of MITRE GROUP LIMITED at £148.4k based on a Turnover of £268.8k and 0.55x industry multiple (adjusted for size and gross margin).
mitre group limited Estimated Valuation
Pomanda estimates the enterprise value of MITRE GROUP LIMITED at £0 based on an EBITDA of £-442.5k and a 3.57x industry multiple (adjusted for size and gross margin).
mitre group limited Estimated Valuation
Pomanda estimates the enterprise value of MITRE GROUP LIMITED at £199.7k based on Net Assets of £76k and 2.63x industry multiple (adjusted for liquidity).
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Mitre Group Limited Overview
Mitre Group Limited is a live company located in lancaster, LA1 4XQ with a Companies House number of 02768180. It operates in the technical and vocational secondary education sector, SIC Code 85320. Founded in November 1992, it's largest shareholder is fghsecurity ltd with a 100% stake. Mitre Group Limited is a mature, micro sized company, Pomanda has estimated its turnover at £268.8k with declining growth in recent years.
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Mitre Group Limited Health Check
Pomanda's financial health check has awarded Mitre Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
8 Weak
Size
annual sales of £268.8k, make it smaller than the average company (£723.4k)
- Mitre Group Limited
£723.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (7.6%)
- Mitre Group Limited
7.6% - Industry AVG
Production
with a gross margin of 33.9%, this company has a higher cost of product (50.8%)
- Mitre Group Limited
50.8% - Industry AVG
Profitability
an operating margin of -167.5% make it less profitable than the average company (2.7%)
- Mitre Group Limited
2.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (15)
3 - Mitre Group Limited
15 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)
- Mitre Group Limited
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £89.6k, this is more efficient (£61.3k)
- Mitre Group Limited
£61.3k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (18 days)
- Mitre Group Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (23 days)
- Mitre Group Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mitre Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is less cash available to meet short term requirements (78 weeks)
35 weeks - Mitre Group Limited
78 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.9%, this is a higher level of debt than the average (28.8%)
65.9% - Mitre Group Limited
28.8% - Industry AVG
MITRE GROUP LIMITED financials
Mitre Group Limited's latest turnover from March 2024 is estimated at £268.8 thousand and the company has net assets of £76 thousand. According to their latest financial statements, Mitre Group Limited has 3 employees and maintains cash reserves of £78.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 4 | 11 | 12 | 13 | 20 | 19 | 20 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | 29,089 | 18,457 | 26,972 | 21,597 | 35,536 | 47,801 | 57,763 | 61,453 | 82,915 | 64,665 | 77,929 | 69,739 | 40,263 | 47,518 | 54,490 |
| Intangible Assets | 3,321 | ||||||||||||||
| Investments & Other | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 220 | 220 | 220 | 220 | 220 | 220 | 220 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 32,530 | 18,577 | 27,092 | 21,717 | 35,656 | 47,921 | 57,883 | 61,573 | 83,135 | 64,885 | 78,149 | 69,959 | 40,483 | 47,738 | 54,710 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 63,806 | 59,114 | 53,073 | 29,850 | 7,370 | 15,707 | 114,522 | 125,174 | 106,259 | 151,944 | 227,678 | 223,770 | 188,015 | 211,247 | 186,395 |
| Group Debtors | 13 | ||||||||||||||
| Misc Debtors | 48,000 | 138,361 | 148,613 | 216,440 | 214,986 | 194,663 | 44,635 | 49,720 | 48,332 | 26,434 | |||||
| Cash | 78,660 | 20 | 20 | 20 | 20 | 13 | 16,090 | 51 | 86 | 51 | 51 | 51 | 161 | 151 | 151 |
| misc current assets | |||||||||||||||
| total current assets | 190,466 | 197,495 | 201,706 | 246,310 | 222,376 | 210,383 | 175,247 | 174,958 | 154,677 | 151,995 | 227,729 | 223,821 | 188,176 | 211,398 | 212,980 |
| total assets | 222,996 | 216,072 | 228,798 | 268,027 | 258,032 | 258,304 | 233,130 | 236,531 | 237,812 | 216,880 | 305,878 | 293,780 | 228,659 | 259,136 | 267,690 |
| Bank overdraft | 6,618 | 21,844 | 15,654 | 66,250 | 53,415 | 40,170 | 43,131 | 12,935 | |||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 41,368 | 16,661 | 21,768 | 26,240 | 18,456 | 54,723 | 36,468 | 48,973 | 48,949 | 101,854 | 190,062 | 186,033 | 150,619 | 160,842 | 180,690 |
| Group/Directors Accounts | 132 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 2,424 | 2,489 | 9,293 | 15,298 | 15,846 | ||||||||||
| other current liabilities | 67,845 | 63,329 | 89,056 | 47,447 | 28,942 | 59,874 | 66,002 | 22,850 | 24,066 | ||||||
| total current liabilities | 115,831 | 101,834 | 126,478 | 139,937 | 103,237 | 157,256 | 111,763 | 130,252 | 101,928 | 101,854 | 190,062 | 186,033 | 150,619 | 160,842 | 180,690 |
| loans | 31,166 | 38,760 | 42,432 | 48,892 | 55,000 | ||||||||||
| hp & lease commitments | 586 | 3,010 | 13,336 | 15,088 | 23,275 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 7,256 | 13,184 | 10,175 | ||||||||||||
| provisions | 2,412 | 682 | 2,253 | 5,656 | 5,449 | 5,585 | 4,721 | 5,605 | 6,605 | ||||||
| total long term liabilities | 31,166 | 38,760 | 42,432 | 48,892 | 55,586 | 3,010 | 15,748 | 15,770 | 25,528 | 12,912 | 18,633 | 15,760 | 4,721 | 5,605 | 6,605 |
| total liabilities | 146,997 | 140,594 | 168,910 | 188,829 | 158,823 | 160,266 | 127,511 | 146,022 | 127,456 | 114,766 | 208,695 | 201,793 | 155,340 | 166,447 | 187,295 |
| net assets | 75,999 | 75,478 | 59,888 | 79,198 | 99,209 | 98,038 | 105,619 | 90,509 | 110,356 | 102,114 | 97,183 | 91,987 | 73,319 | 92,689 | 80,395 |
| total shareholders funds | 75,999 | 75,478 | 59,888 | 79,198 | 99,209 | 98,038 | 105,619 | 90,509 | 110,356 | 102,114 | 97,183 | 91,987 | 73,319 | 92,689 | 80,395 |
| Mar 2024 | 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 | |||||||||||||||
| Depreciation | 1,587 | 8,689 | 4,353 | 6,784 | 9,799 | 12,332 | 13,914 | 22,108 | 14,060 | 15,938 | 11,476 | 8,219 | 8,579 | 10,687 | |
| Amortisation | 6,229 | ||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 111,806 | -4,211 | -44,604 | 23,934 | 11,986 | 51,213 | -15,750 | 20,316 | 2,647 | -75,734 | 3,908 | 35,755 | -23,232 | -1,582 | 212,829 |
| Creditors | 41,368 | -5,107 | -4,472 | 7,784 | -36,267 | 18,255 | -12,505 | 24 | -52,905 | -88,208 | 4,029 | 35,414 | -10,223 | -19,848 | 180,690 |
| Accruals and Deferred Income | 67,845 | -25,727 | 41,609 | 18,505 | -30,932 | -6,128 | 43,152 | -1,216 | 24,066 | ||||||
| Deferred Taxes & Provisions | -2,412 | 1,730 | -1,571 | -3,403 | 207 | -136 | 864 | -884 | -1,000 | 6,605 | |||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 120 | -100 | 220 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -132 | 132 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 31,166 | -3,672 | -6,460 | -6,108 | 55,000 | ||||||||||
| Hire Purchase and Lease Commitments | -3,010 | -2,489 | -17,130 | -7,757 | -8,735 | 39,121 | |||||||||
| other long term liabilities | -7,256 | -5,928 | 3,009 | 10,175 | |||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 78,660 | 7 | -16,077 | 16,039 | -35 | 35 | -110 | 10 | 151 | ||||||
| overdraft | 6,618 | 6,190 | -50,596 | 12,835 | 13,245 | 40,170 | -43,131 | 30,196 | 12,935 | ||||||
| change in cash | 72,042 | -6,190 | 50,596 | -12,835 | -13,238 | -56,247 | 59,170 | -30,231 | -12,900 | -110 | 10 | 151 |
mitre group limited Credit Report and Business Information
Mitre Group Limited Competitor Analysis
Perform a competitor analysis for mitre group limited by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in LA1 area or any other competitors across 12 key performance metrics.
mitre group limited Ownership
MITRE GROUP LIMITED group structure
Mitre Group Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
MITRE GROUP LIMITED
02768180
2 subsidiaries
mitre group limited directors
Mitre Group Limited currently has 2 directors. The longest serving directors include Mr Peter Harrison (Feb 2024) and Ms Jessica Spencer (Feb 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Harrison | England | 42 years | Feb 2024 | - | Director |
| Ms Jessica Spencer | England | 36 years | Feb 2024 | - | Director |
P&L
March 2024turnover
268.8k
0%
operating profit
-450.3k
0%
gross margin
34%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
76k
0%
total assets
223k
0%
cash
78.7k
0%
net assets
Total assets minus all liabilities
mitre group limited company details
company number
02768180
Type
Private limited with Share Capital
industry
85320 - Technical and vocational secondary education
incorporation date
November 1992
age
33
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2024
previous names
mitre holdings limited (November 2007)
mitre business services limited (April 1997)
accountant
-
auditor
-
address
alston house, white cross busine, south road, lancaster, LA1 4XQ
Bank
-
Legal Advisor
-
mitre group 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 2 charges/mortgages relating to mitre group limited. Currently there are 1 open charges and 1 have been satisfied in the past.
mitre group 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 MITRE GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
mitre group limited Companies House Filings - See Documents
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