Pomanda estimates the enterprise value of MICHENUELS OF LONDON LIMITED at £58.3k based on a Turnover of £222.3k and 0.26x industry multiple (adjusted for size and gross margin).
michenuels of london limitedEstimated Valuation
£18.1k
Pomanda estimates the enterprise value of MICHENUELS OF LONDON LIMITED at £18.1k based on an EBITDA of £6.2k and a 2.9x industry multiple (adjusted for size and gross margin).
michenuels of london limitedEstimated Valuation
£40.6k
Pomanda estimates the enterprise value of MICHENUELS OF LONDON LIMITED at £40.6k based on Net Assets of £16.8k and 2.41x industry multiple (adjusted for liquidity).
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Michenuels Of London LimitedOverview
Michenuels Of London Limited is a live company located in london, SE15 2JR with a Companies House number of 04685402. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in March 2003, it's largest shareholder is
miguel forde
with a 100% stake. Michenuels Of London Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£222.3k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Michenuels Of London Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
2 Regular
7 Weak
Size
annual sales of £222.3k, make it smaller than the average company (£337.1k)
£222.3k - Michenuels Of London Limited
£337.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (12.4%)
5% - Michenuels Of London Limited
12.4% - Industry AVG
Production
with a gross margin of 14.4%, this company has a higher cost of product (23.5%)
14.4% - Michenuels Of London Limited
23.5% - Industry AVG
Profitability
an operating margin of 2.8% make it less profitable than the average company (5.4%)
2.8% - Michenuels Of London Limited
5.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Michenuels Of London Limited
3 - Industry AVG
Pay Structure
on an average salary of £37.4k, the company has an equivalent pay structure (£37.4k)
£37.4k - Michenuels Of London Limited
£37.4k - Industry AVG
Efficiency
resulting in sales per employee of £111.1k, this is less efficient (£136.9k)
£111.1k - Michenuels Of London Limited
£136.9k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (48 days)
92 days - Michenuels Of London Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 76 days, this is slower than average (29 days)
76 days - Michenuels Of London Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Michenuels Of London Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Michenuels Of London Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.7%, this is a similar level of debt than the average (73.8%)
72.7% - Michenuels Of London Limited
73.8% - Industry AVG
MICHENUELS OF LONDON LIMITED financials
EXPORT
Michenuels Of London Limited's latest turnover from March 2024 is estimated at £222.3 thousand and the company has net assets of £16.8 thousand. According to their latest financial statements, Michenuels Of London Limited has 2 employees and maintains cash reserves of 0 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
222,291
218,904
223,036
193,995
227,214
241,200
249,719
242,794
233,985
302,418
268,775
311,639
290,974
326,445
293,337
Other Income Or Grants
Cost Of Sales
190,183
186,953
190,961
162,382
190,219
197,457
206,743
199,976
189,432
240,303
218,957
254,585
237,333
261,045
234,651
Gross Profit
32,108
31,951
32,075
31,613
36,995
43,743
42,977
42,818
44,553
62,116
49,818
57,054
53,641
65,400
58,686
Admin Expenses
25,869
17,539
31,587
30,025
39,166
43,292
43,449
41,484
43,829
63,385
49,797
64,853
51,926
65,101
48,968
Operating Profit
6,239
14,412
488
1,588
-2,171
451
-472
1,334
724
-1,269
21
-7,799
1,715
299
9,718
Interest Payable
Interest Receivable
Pre-Tax Profit
6,239
14,412
488
1,588
-2,171
451
-472
1,334
724
-1,269
21
-7,799
1,715
299
9,718
Tax
-1,560
-2,738
-93
-302
-86
-267
-145
-5
-446
-84
-2,721
Profit After Tax
4,679
11,674
395
1,286
-2,171
365
-472
1,067
579
-1,269
16
-7,799
1,269
215
6,997
Dividends Paid
Retained Profit
4,679
11,674
395
1,286
-2,171
365
-472
1,067
579
-1,269
16
-7,799
1,269
215
6,997
Employee Costs
74,856
65,804
68,364
65,794
62,579
101,580
99,409
36,015
38,497
37,961
36,010
33,352
31,545
61,445
29,195
Number Of Employees
2
2
2
2
2
3
3
1
1
1
1
1
1
2
1
EBITDA*
6,239
14,412
488
1,588
-2,171
451
-472
1,334
724
-12
1,277
-6,543
2,971
299
9,718
* 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
5,500
6,500
8,063
1,257
2,513
3,769
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
5,500
6,500
8,063
1,257
2,513
3,769
Stock & work in progress
Trade Debtors
56,171
56,171
54,158
55,664
54,915
54,919
55,219
52,429
46,508
61,740
61,346
62,594
63,246
72,814
63,932
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
56,171
56,171
54,158
55,664
54,915
54,919
55,219
52,429
46,508
61,740
61,346
62,594
63,246
72,814
63,932
total assets
61,671
62,671
62,221
55,664
54,915
54,919
55,219
52,429
46,508
61,740
62,603
65,107
67,015
72,814
63,932
Bank overdraft
Bank loan
Trade Creditors
39,987
43,536
52,630
45,581
56,118
53,951
54,616
51,354
61,903
64,423
58,532
65,600
56,933
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
39,987
43,536
52,630
45,581
56,118
53,951
54,616
51,354
61,903
64,423
58,532
65,600
56,933
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
4,853
6,983
9,113
10,000
46,498
62,309
provisions
total long term liabilities
4,853
6,983
9,113
10,000
46,498
62,309
total liabilities
44,840
50,519
61,743
55,581
56,118
53,951
54,616
51,354
46,498
62,309
61,903
64,423
58,532
65,600
56,933
net assets
16,831
12,152
478
83
-1,203
968
603
1,075
10
-569
700
684
8,483
7,214
6,999
total shareholders funds
16,831
12,152
478
83
-1,203
968
603
1,075
10
-569
700
684
8,483
7,214
6,999
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
6,239
14,412
488
1,588
-2,171
451
-472
1,334
724
-1,269
21
-7,799
1,715
299
9,718
Depreciation
1,257
1,256
1,256
1,256
Amortisation
Tax
-1,560
-2,738
-93
-302
-86
-267
-145
-5
-446
-84
-2,721
Stock
Debtors
2,013
-1,506
749
-4
-300
2,790
5,921
-15,232
394
-1,248
-652
-9,568
8,882
63,932
Creditors
-3,549
-9,094
7,049
-10,537
2,167
-665
3,262
51,354
-61,903
-2,520
5,891
-7,068
8,667
56,933
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
1,130
567
8,950
-10,000
46,500
15,811
-62,309
5,025
-2
Investing Activities
capital expenditure
1,000
1,563
-8,063
-5,025
Change in Investments
cash flow from investments
1,000
1,563
-8,063
-5,025
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-2,130
-2,130
-887
10,000
-46,498
-15,811
62,309
share issue
-2
2
interest
cash flow from financing
-2,130
-2,130
-887
10,000
-46,500
-15,811
62,309
2
cash and cash equivalents
cash
overdraft
change in cash
michenuels of london limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for michenuels of london limited. Get real-time insights into michenuels of london limited's credit score, group structure and payment trends.
Perform a competitor analysis for michenuels of london limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SE15 area or any other competitors across 12 key performance metrics.
michenuels of london limited Ownership
MICHENUELS OF LONDON LIMITED group structure
Michenuels Of London Limited has no subsidiary companies.
Ultimate parent company
MICHENUELS OF LONDON LIMITED
04685402
MICHENUELS OF LONDON LIMITED Shareholders
The sole shareholder of Michenuels Of London Limited is Miguel Forde.
miguel forde
100%
michenuels of london limited directors
Michenuels Of London Limited currently has 1 director, Mr Miguel Forde serving since Mar 2003.
unit 14 astbury business park, peckham, london, SE15 2JR
Bank
-
Legal Advisor
-
michenuels of london 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 1 charges/mortgages relating to michenuels of london limited. Currently there are 1 open charges and 0 have been satisfied in the past.
michenuels of london 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 MICHENUELS OF LONDON LIMITED. This can take several minutes, an email will notify you when this has completed.
michenuels of london limitedCompanies House Filings - See Documents
