mirada limited
mirada limited Company Information
Company Number
03609752
Website
www.mirada.tvRegistered Address
c/o begbies traynor (london) llp, 31st floor, london, E14 5NR
Industry
Other information technology and computer service activities
Telephone
02081871661
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
chase nominees limited 87.6%
hargreaves lansdown (nominees) 3.2%
View Allmirada limited Estimated Valuation
Pomanda estimates the enterprise value of MIRADA LIMITED at £10.4m based on a Turnover of £8.4m and 1.24x industry multiple (adjusted for size and gross margin).
mirada limited Estimated Valuation
Pomanda estimates the enterprise value of MIRADA LIMITED at £9m based on an EBITDA of £1m and a 8.76x industry multiple (adjusted for size and gross margin).
mirada limited Estimated Valuation
Pomanda estimates the enterprise value of MIRADA LIMITED at £398.5k based on Net Assets of £1m and 0.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mirada Limited Overview
Mirada Limited is a live company located in london, E14 5NR with a Companies House number of 03609752. It operates in the other information technology service activities sector, SIC Code 62090. Founded in August 1998, it's largest shareholder is chase nominees limited with a 87.6% stake. Mirada Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.4m with declining growth in recent years.
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Mirada Limited Health Check
Pomanda's financial health check has awarded Mirada Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £8.4m, make it larger than the average company (£6.2m)
£8.4m - Mirada Limited
£6.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (6.3%)
-5% - Mirada Limited
6.3% - Industry AVG
Production
with a gross margin of 97%, this company has a lower cost of product (49.1%)
97% - Mirada Limited
49.1% - Industry AVG
Profitability
an operating margin of -24% make it less profitable than the average company (3.5%)
-24% - Mirada Limited
3.5% - Industry AVG
Employees
with 146 employees, this is above the industry average (41)
146 - Mirada Limited
41 - Industry AVG
Pay Structure
on an average salary of £53.4k, the company has an equivalent pay structure (£66.4k)
£53.4k - Mirada Limited
£66.4k - Industry AVG
Efficiency
resulting in sales per employee of £57.5k, this is less efficient (£160.2k)
£57.5k - Mirada Limited
£160.2k - Industry AVG
Debtor Days
it gets paid by customers after 126 days, this is later than average (55 days)
126 days - Mirada Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 472 days, this is slower than average (37 days)
472 days - Mirada Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mirada Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (15 weeks)
3 weeks - Mirada Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.7%, this is a higher level of debt than the average (64%)
92.7% - Mirada Limited
64% - Industry AVG
MIRADA LIMITED financials
Mirada Limited's latest turnover from March 2023 is £8.4 million and the company has net assets of £1 million. According to their latest financial statements, Mirada Limited has 146 employees and maintains cash reserves of £419.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 8,395,966 | 9,136,345 | 9,228,346 | 9,641,653 | 9,826,156 | 6,979,101 | 6,508,472 | 6,019,000 | 5,657,000 | 4,572,000 | 4,837,000 | 4,346,000 | 5,116,000 | 5,740,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 252,107 | 643,183 | 246,167 | 495,383 | 683,413 | 691,894 | 470,751 | 221,000 | 234,000 | 182,000 | 207,000 | 562,000 | 1,163,000 | 2,028,000 |
| Gross Profit | 8,143,859 | 8,493,162 | 8,982,180 | 9,146,270 | 9,142,743 | 6,287,207 | 6,037,721 | 5,798,000 | 5,423,000 | 4,390,000 | 4,630,000 | 3,784,000 | 3,953,000 | 3,712,000 |
| Admin Expenses | 10,155,204 | 10,745,959 | 11,130,543 | 10,145,830 | 11,466,507 | 9,943,002 | 11,077,972 | 6,157,000 | 5,138,000 | 4,386,000 | 4,390,000 | 6,083,000 | 10,606,000 | 10,165,000 |
| Operating Profit | -2,011,345 | -2,252,797 | -2,148,363 | -999,560 | -2,323,764 | -3,655,795 | -5,040,251 | -359,000 | 285,000 | 4,000 | 240,000 | -2,299,000 | -6,653,000 | -6,453,000 |
| Interest Payable | 371,859 | 217,986 | 184,003 | 129,708 | 417,065 | 501,900 | 324,312 | 475,000 | 436,000 | 422,000 | 617,000 | 867,000 | 410,000 | 74,000 |
| Interest Receivable | 0 | 0 | 58,019 | 47,633 | 112,440 | 66,497 | 2,300 | 5,000 | 38,000 | 32,000 | 3,000 | 4,000 | 97,000 | 172,000 |
| Pre-Tax Profit | -2,510,833 | -2,406,962 | -2,621,633 | 201,524 | -2,628,389 | -4,091,197 | -5,362,263 | -829,000 | -113,000 | -386,000 | -240,000 | -3,162,000 | -6,966,000 | -6,355,000 |
| Tax | -159,143 | 27,352 | 141,732 | 229,371 | 146,730 | 235,909 | -78,970 | 425,000 | -62,000 | 427,000 | 0 | 0 | 0 | 0 |
| Profit After Tax | -2,669,976 | -2,379,610 | -2,479,901 | 430,896 | -2,481,659 | -3,855,288 | -5,441,233 | -404,000 | -175,000 | 41,000 | -240,000 | -3,162,000 | -6,966,000 | -6,355,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -2,669,976 | -2,379,610 | -2,479,901 | 430,896 | -2,481,659 | -3,855,288 | -5,441,233 | -404,000 | -175,000 | 41,000 | -240,000 | -3,162,000 | -7,101,000 | -7,467,000 |
| Employee Costs | 7,795,635 | 8,793,203 | 9,298,798 | 8,166,496 | 8,354,067 | 7,251,425 | 6,233,995 | 853,000 | 4,369,000 | 3,687,000 | 3,331,000 | 3,775,000 | 3,877,000 | 3,856,000 |
| Number Of Employees | 146 | 167 | 172 | 173 | 163 | 149 | 134 | 121 | 94 | 79 | 80 | 84 | 79 | 81 |
| EBITDA* | 1,028,914 | 1,367,592 | 1,404,890 | 1,828,374 | 593,301 | -944,427 | -2,921,108 | 1,295,000 | 1,493,000 | 971,000 | 981,000 | -900,000 | -1,624,000 | -587,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 455,369 | 571,902 | 762,536 | 876,447 | 494,418 | 439,360 | 594,955 | 680,000 | 584,000 | 545,000 | 61,000 | 112,000 | 180,000 | 228,000 |
| Intangible Assets | 9,202,710 | 10,109,407 | 10,566,929 | 8,595,193 | 9,393,142 | 10,737,809 | 8,877,559 | 10,836,000 | 9,789,000 | 9,390,000 | 8,665,000 | 8,241,000 | 8,742,000 | 13,730,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 369,494 | 276,833 | 293,410 | 356,148 | 317,384 | 243,825 | 486,851 | 191,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,658,079 | 10,681,309 | 11,329,465 | 9,471,640 | 9,887,559 | 11,177,169 | 9,472,513 | 11,516,000 | 10,373,000 | 9,935,000 | 8,726,000 | 8,353,000 | 8,922,000 | 13,958,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,914,205 | 1,718,193 | 1,513,469 | 1,456,104 | 1,506,380 | 1,095,630 | 765,928 | 1,449,000 | 2,189,000 | 788,000 | 271,000 | 807,000 | 1,154,000 | 1,287,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,028,913 | 2,414,421 | 2,511,396 | 3,648,688 | 2,816,586 | 2,454,084 | 1,698,228 | 2,390,000 | 1,376,000 | 993,000 | 1,021,000 | 517,000 | 377,000 | 808,000 |
| Cash | 419,128 | 20,721 | 88,686 | 135,570 | 93,301 | 1,533,407 | 212,374 | 714,000 | 206,000 | 30,000 | 94,000 | 35,000 | 68,000 | 103,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,362,247 | 4,153,336 | 4,113,552 | 5,240,363 | 4,416,268 | 5,083,122 | 2,676,531 | 4,553,000 | 3,771,000 | 1,811,000 | 1,386,000 | 1,359,000 | 1,599,000 | 2,198,000 |
| total assets | 14,020,326 | 14,834,645 | 15,443,017 | 14,712,003 | 14,303,827 | 16,260,291 | 12,149,044 | 16,069,000 | 14,144,000 | 11,746,000 | 10,112,000 | 9,712,000 | 10,521,000 | 16,156,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 180,000 | 0 | 1,095,000 | 619,000 | 536,000 |
| Bank loan | 0 | 0 | 0 | 0 | 1,701,754 | 2,440,626 | 1,975,005 | 1,354,000 | 852,000 | 410,000 | 697,000 | 0 | 0 | 0 |
| Trade Creditors | 326,164 | 276,834 | 197,265 | 1,479,554 | 201,754 | 258,866 | 448,516 | 553,000 | 456,000 | 814,000 | 1,054,000 | 956,000 | 1,017,000 | 1,369,000 |
| Group/Directors Accounts | 0 | 77,911 | 2,487 | 5,130 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 870,558 | 1,538,334 | 1,470,368 | 2,066,539 | 895,534 | 920,677 | 60,568 | 1,065,000 | 174,000 | 138,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 60,663 | 79,569 | 169,084 | 167,814 | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 | 10,000 | 27,000 | 23,000 |
| other current liabilities | 4,377,215 | 2,330,707 | 2,460,835 | 1,308,075 | 2,172,247 | 8,130,143 | 2,026,373 | 1,017,000 | 2,275,000 | 2,101,000 | 1,802,000 | 2,122,000 | 1,729,000 | 1,368,000 |
| total current liabilities | 5,634,602 | 4,303,357 | 4,300,041 | 5,027,114 | 4,971,292 | 11,750,317 | 4,510,465 | 3,989,000 | 3,757,000 | 3,643,000 | 3,563,000 | 4,183,000 | 3,392,000 | 3,296,000 |
| loans | 10,070,904 | 9,099,874 | 8,707,831 | 3,017,733 | 2,744,816 | 3,921,784 | 4,408,494 | 3,070,000 | 2,031,000 | 2,872,000 | 5,599,000 | 5,926,000 | 5,108,000 | 2,259,000 |
| hp & lease commitments | 22,059 | 87,028 | 120,182 | 189,799 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 | 20,000 | 17,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 126,053 | 1,002,900 | 0 | 0 | 0 | 0 | 0 | 18,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 132,000 | 258,000 | 504,000 | 1,524,000 | 704,000 | 1,246,000 |
| total long term liabilities | 7,356,023 | 6,612,515 | 4,596,767 | 1,952,220 | 1,372,408 | 1,960,892 | 2,204,247 | 1,790,000 | 1,411,000 | 2,040,000 | 3,084,000 | 3,871,000 | 3,052,000 | 1,922,000 |
| total liabilities | 12,990,625 | 10,915,872 | 8,896,808 | 6,979,334 | 6,343,700 | 13,711,209 | 6,714,712 | 5,779,000 | 5,168,000 | 5,683,000 | 6,647,000 | 8,054,000 | 6,444,000 | 5,218,000 |
| net assets | 1,029,701 | 3,918,773 | 6,546,208 | 7,732,669 | 7,960,127 | 2,549,083 | 5,434,332 | 10,290,000 | 8,976,000 | 6,063,000 | 3,465,000 | 1,658,000 | 4,077,000 | 10,938,000 |
| total shareholders funds | 1,029,701 | 3,918,773 | 6,546,208 | 7,732,669 | 7,960,128 | 2,549,082 | 5,434,333 | 10,290,000 | 8,976,000 | 6,063,000 | 3,465,000 | 1,658,000 | 4,077,000 | 10,938,000 |
| 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 | -2,011,345 | -2,252,797 | -2,148,363 | -999,560 | -2,323,764 | -3,655,795 | -5,040,251 | -359,000 | 285,000 | 4,000 | 240,000 | -2,299,000 | -6,653,000 | -6,453,000 |
| Depreciation | 113,448 | 278,492 | 313,303 | 263,814 | 63,796 | 57,790 | 35,268 | 19,000 | 21,000 | 43,000 | 58,000 | 106,000 | 118,000 | 254,000 |
| Amortisation | 2,926,810 | 3,341,898 | 3,239,950 | 2,564,121 | 2,853,269 | 2,653,578 | 2,083,876 | 1,635,000 | 1,187,000 | 924,000 | 683,000 | 1,293,000 | 4,911,000 | 5,612,000 |
| Tax | -159,143 | 27,352 | 141,732 | 229,371 | 146,730 | 235,909 | -78,970 | 425,000 | -62,000 | 427,000 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -96,836 | 91,173 | -1,142,665 | 820,590 | 846,810 | 842,532 | -1,078,992 | 465,000 | 1,784,000 | 489,000 | -32,000 | -207,000 | -564,000 | 2,095,000 |
| Creditors | 49,330 | 79,569 | -1,282,290 | 1,277,800 | -57,112 | -189,650 | -104,484 | 97,000 | -358,000 | -240,000 | 98,000 | -61,000 | -352,000 | 1,369,000 |
| Accruals and Deferred Income | 2,046,508 | -130,128 | 1,152,760 | -864,172 | -5,957,896 | 6,103,770 | 1,009,373 | -1,258,000 | 174,000 | 299,000 | -320,000 | 393,000 | 361,000 | 1,368,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -132,000 | -126,000 | -246,000 | -1,020,000 | 820,000 | -542,000 | 1,246,000 |
| Cash flow from operations | 3,062,444 | 1,253,213 | 2,559,757 | 1,650,784 | -6,121,787 | 4,363,070 | -1,016,196 | -38,000 | -663,000 | 722,000 | -229,000 | 459,000 | -1,593,000 | 1,301,000 |
| 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 | -1,701,754 | -738,872 | 465,621 | 621,005 | 502,000 | 442,000 | -287,000 | 697,000 | 0 | 0 | 0 |
| Group/Directors Accounts | -77,911 | 75,425 | -2,643 | 5,130 | -1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -667,776 | 67,966 | -596,171 | 1,171,005 | -25,143 | 860,109 | -1,004,432 | 891,000 | 36,000 | 138,000 | 0 | 0 | 0 | 0 |
| Long term loans | 971,030 | 392,043 | 5,690,098 | 272,917 | -1,176,968 | -486,710 | 1,338,494 | 1,039,000 | -841,000 | -2,727,000 | -327,000 | 818,000 | 2,849,000 | 2,259,000 |
| Hire Purchase and Lease Commitments | -83,875 | -122,669 | -68,347 | 357,613 | 0 | 0 | 0 | 0 | 0 | -10,000 | -10,000 | -27,000 | 7,000 | 40,000 |
| other long term liabilities | -876,847 | 1,002,900 | 0 | 0 | 0 | 0 | -18,000 | 18,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -371,859 | -217,986 | -125,984 | -82,075 | -304,625 | -435,403 | -322,012 | -470,000 | -398,000 | -390,000 | -614,000 | -863,000 | -313,000 | 98,000 |
| cash flow from financing | -1,326,334 | 949,854 | 6,190,393 | -635,519 | 5,647,096 | 1,373,655 | 1,200,621 | 3,698,000 | 2,327,000 | -719,000 | 1,793,000 | 671,000 | 2,783,000 | 20,802,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 398,407 | -67,965 | -46,884 | 42,269 | -1,440,106 | 1,321,033 | -501,626 | 508,000 | 176,000 | -64,000 | 59,000 | -33,000 | -35,000 | 103,000 |
| overdraft | 0 | 0 | 0 | 0 | -1 | 0 | 1 | 0 | -180,000 | 180,000 | -1,095,000 | 476,000 | 83,000 | 536,000 |
| change in cash | 398,407 | -67,965 | -46,884 | 42,269 | -1,440,105 | 1,321,033 | -501,627 | 508,000 | 356,000 | -244,000 | 1,154,000 | -509,000 | -118,000 | -433,000 |
mirada limited Credit Report and Business Information
Mirada Limited Competitor Analysis
Perform a competitor analysis for mirada limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in E14 area or any other competitors across 12 key performance metrics.
mirada limited Ownership
MIRADA LIMITED group structure
Mirada Limited has 1 subsidiary company.
Ultimate parent company
MIRADA LIMITED
03609752
1 subsidiary
mirada limited directors
Mirada Limited currently has 2 directors. The longest serving directors include Mr Jose Vazquez Antolinez (Feb 2008) and Mr Gonzalo Maruri (Nov 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jose Vazquez Antolinez | England | 52 years | Feb 2008 | - | Director |
| Mr Gonzalo Maruri | 57 years | Nov 2015 | - | Director |
P&L
March 2023turnover
8.4m
-8%
operating profit
-2m
-11%
gross margin
97%
+4.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1m
-0.74%
total assets
14m
-0.05%
cash
419.1k
+19.23%
net assets
Total assets minus all liabilities
Similar Companies
mirada limited company details
company number
03609752
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
August 1998
age
26
incorporated
UK
accounts
Group
ultimate parent company
previous names
mirada plc (July 2023)
yoomedia plc (February 2008)
See morelast accounts submitted
March 2023
address
c/o begbies traynor (london) llp, 31st floor, london, E14 5NR
accountant
-
auditor
PKF LITTLEJOHN LLP
mirada 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 14 charges/mortgages relating to mirada limited. Currently there are 0 open charges and 14 have been satisfied in the past.
mirada limited Companies House Filings - See Documents
| date | description | view/download |
|---|
