the micah network

0.5

the micah network Company Information

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Company Number

04669640

Registered Address

c/o brewers chartered accountant, queen street, guildford, surrey, GU5 9LY

Industry

Activities of religious organisations

 

Telephone

01228231073

Next Accounts Due

September 2025

Group Structure

View All

Directors

Arnold Boul10 Years

Margaret MacMillan9 Years

View All

Shareholders

-0%

the micah network Estimated Valuation

£290.9k

Pomanda estimates the enterprise value of THE MICAH NETWORK at £290.9k based on a Turnover of £93.3k and 3.12x industry multiple (adjusted for size and gross margin).

the micah network Estimated Valuation

£0

Pomanda estimates the enterprise value of THE MICAH NETWORK at £0 based on an EBITDA of £-53.8k and a 15.78x industry multiple (adjusted for size and gross margin).

the micah network Estimated Valuation

£38.1k

Pomanda estimates the enterprise value of THE MICAH NETWORK at £38.1k based on Net Assets of £12.6k and 3.02x industry multiple (adjusted for liquidity).

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The Micah Network Overview

The Micah Network is a live company located in guildford, GU5 9LY with a Companies House number of 04669640. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in February 2003, it's largest shareholder is unknown. The Micah Network is a mature, micro sized company, Pomanda has estimated its turnover at £93.3k with declining growth in recent years.

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The Micah Network Health Check

Pomanda's financial health check has awarded The Micah Network a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £93.3k, make it smaller than the average company (£315.6k)

£93.3k - The Micah Network

£315.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (2.4%)

-8% - The Micah Network

2.4% - Industry AVG

production

Production

with a gross margin of 61.7%, this company has a comparable cost of product (61.7%)

61.7% - The Micah Network

61.7% - Industry AVG

profitability

Profitability

an operating margin of -57.6% make it less profitable than the average company (-1.5%)

-57.6% - The Micah Network

-1.5% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (6)

4 - The Micah Network

6 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - The Micah Network

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £23.3k, this is less efficient (£60.8k)

£23.3k - The Micah Network

£60.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - The Micah Network

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (39 days)

0 days - The Micah Network

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Micah Network

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 262 weeks, this is less cash available to meet short term requirements (373 weeks)

262 weeks - The Micah Network

373 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 18.6%, this is a higher level of debt than the average (5.1%)

18.6% - The Micah Network

5.1% - Industry AVG

THE MICAH NETWORK financials

EXPORTms excel logo

The Micah Network's latest turnover from December 2023 is £93.3 thousand and the company has net assets of £12.6 thousand. According to their latest financial statements, The Micah Network has 4 employees and maintains cash reserves of £14.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover93,301130,189949,381118,539165,567329,677174,260125,731282,226152,351146,242120,393178,509186,574158,688
Other Income Or Grants000000000000000
Cost Of Sales35,78256,435330,56148,701113,632242,485108,37967,087185,525114,595130,96789,81995,41986,0090
Gross Profit57,51973,754618,82069,83851,93587,19265,88158,64496,70137,75615,27530,57483,090100,5650
Admin Expenses111,31167,236663,15470,8097,40516,76458,36473,81288,06239,7797,66548,91985,52590,926-15,750
Operating Profit-53,7926,518-44,334-97144,53070,4287,517-15,1688,639-2,0237,610-18,345-2,4359,63915,750
Interest Payable000000000000000
Interest Receivable00131000000000000
Pre-Tax Profit-51,7986,204-44,204-86636,60057,2936,135-15,1306,978-1,9525,906-18,243-2,2547,08111,408
Tax000000000000000
Profit After Tax-51,7986,204-44,204-86636,60057,2936,135-15,1306,978-1,9525,906-18,243-2,2547,08111,408
Dividends Paid000000000000000
Retained Profit-51,7986,204-44,204-86636,60057,2936,135-15,1306,978-1,9525,906-18,243-2,2547,08111,408
Employee Costs0064,85883,65377,52473,79376,34363,56978,29370,50169,75071,328119,869109,95554,282
Number Of Employees443334322332340
EBITDA*-53,7926,518-44,334-97144,53070,4287,517-15,1688,639-2,0237,610-18,345-2,4359,63915,750

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets000000000000000
Stock & work in progress000000000000000
Trade Debtors0060,19502000000000000
Group Debtors000000000000000
Misc Debtors9772,1740000000000000
Cash14,54865,1970104,399105,47969,14711,86610,77419,97113,58614,9459,03931,74940,55537,602
misc current assets000000000000000
total current assets15,52567,37160,195104,399105,67969,14711,86610,77419,97113,58614,9459,03931,74940,55537,602
total assets15,52567,37160,195104,399105,67969,14711,86610,77419,97113,58614,9459,03931,74940,55537,602
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 200000000001,5606,02700
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities2,8782,92801,9562,0702,4382,4507,4931,5602,1531,5600012,57916,707
total current liabilities2,8802,92801,9562,0702,4382,4507,4931,5602,1531,5601,5606,02712,57916,707
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income001,956000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities001,956000000000000
total liabilities2,8802,9281,9561,9562,0702,4382,4507,4931,5602,1531,5601,5606,02712,57916,707
net assets12,64564,44358,239102,443103,60966,7099,4163,28118,41111,43313,3857,47925,72227,97620,895
total shareholders funds12,64564,44358,239102,443103,60966,7099,4163,28118,41111,43313,3857,47925,72227,97620,895
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-53,7926,518-44,334-97144,53070,4287,517-15,1688,639-2,0237,610-18,345-2,4359,63915,750
Depreciation000000000000000
Amortisation000000000000000
Tax000000000000000
Stock000000000000000
Debtors-1,197-58,02160,195-2002000000000000
Creditors2000000000-1,560-4,4676,02700
Accruals and Deferred Income-509720-114-368-12-5,0435,933-5935931,5600-12,579-4,12816,707
Deferred Taxes & Provisions000000000000000
Cash flow from operations-52,64365,511-104,529-88543,96270,4162,474-9,2358,046-1,4307,610-22,812-8,9875,51132,457
Investing Activities
capital expenditure000000000000000
Change in Investments000000000000000
cash flow from investments000000000000000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000-3003000000000009,487
interest00131000000000000
cash flow from financing00131-3003000000000009,487
cash and cash equivalents
cash-50,64965,197-104,399-1,08036,33257,2811,092-9,1976,385-1,3595,906-22,710-8,8062,95337,602
overdraft000000000000000
change in cash-50,64965,197-104,399-1,08036,33257,2811,092-9,1976,385-1,3595,906-22,710-8,8062,95337,602

the micah network 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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The Micah Network Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the micah network by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in GU5 area or any other competitors across 12 key performance metrics.

the micah network Ownership

THE MICAH NETWORK group structure

The Micah Network has no subsidiary companies.

Ultimate parent company

THE MICAH NETWORK

04669640

THE MICAH NETWORK Shareholders

--

the micah network directors

The Micah Network currently has 9 directors. The longest serving directors include Dr Arnold Boul (Dec 2013) and Commissioner Margaret MacMillan (Sep 2015).

officercountryagestartendrole
Dr Arnold BoulUnited Kingdom78 years Dec 2013- Director
Commissioner Margaret MacMillanEngland77 years Sep 2015- Director
Mr Rolando PerezEngland58 years Sep 2015- Director
Mr Sami DipasqualeEngland49 years Feb 2016- Director
Mrs Ruth ValerioEngland52 years Feb 2020- Director
Dr Susan NyagaEngland47 years May 2021- Director
Mr Eu ChngEngland51 years Sep 2021- Director
Mr Philip WilkersonEngland66 years Mar 2022- Director
Mrs Miriam MoraesEngland61 years Mar 2024- Director

P&L

December 2023

turnover

93.3k

-28%

operating profit

-53.8k

0%

gross margin

61.7%

+8.82%

turnover

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

Balance Sheet

December 2023

net assets

12.6k

-0.8%

total assets

15.5k

-0.77%

cash

14.5k

-0.78%

net assets

Total assets minus all liabilities

the micah network company details

company number

04669640

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

94910 - Activities of religious organisations

incorporation date

February 2003

age

21

incorporated

UK

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

last accounts submitted

December 2023

address

c/o brewers chartered accountant, queen street, guildford, surrey, GU5 9LY

accountant

ANDREW SKILTON

auditor

-

the micah network 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 did not find charges/mortgages relating to the micah network.

charges

the micah network Companies House Filings - See Documents

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