mirchris ltd
mirchris ltd Company Information
Group Structure
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Industry
Dispensing chemist in specialised stores
Registered Address
elthorne gate 64 high street, pinner, HA5 5QA
Website
https://www.harrowgas.commirchris ltd Estimated Valuation
Pomanda estimates the enterprise value of MIRCHRIS LTD at £430.8k based on a Turnover of £1.3m and 0.33x industry multiple (adjusted for size and gross margin).
mirchris ltd Estimated Valuation
Pomanda estimates the enterprise value of MIRCHRIS LTD at £210k based on an EBITDA of £55.9k and a 3.75x industry multiple (adjusted for size and gross margin).
mirchris ltd Estimated Valuation
Pomanda estimates the enterprise value of MIRCHRIS LTD at £1.5m based on Net Assets of £717.8k and 2.09x industry multiple (adjusted for liquidity).
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Mirchris Ltd Overview
Mirchris Ltd is a live company located in pinner, HA5 5QA with a Companies House number of 04782314. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in May 2003, it's largest shareholder is wellcare group limited with a 100% stake. Mirchris Ltd is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with rapid growth in recent years.
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Mirchris Ltd Health Check
Pomanda's financial health check has awarded Mirchris Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
2 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£12.6m)
- Mirchris Ltd
£12.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (7.4%)
- Mirchris Ltd
7.4% - Industry AVG
Production
with a gross margin of 31.4%, this company has a comparable cost of product (31.4%)
- Mirchris Ltd
31.4% - Industry AVG
Profitability
an operating margin of 4.3% make it more profitable than the average company (2.6%)
- Mirchris Ltd
2.6% - Industry AVG
Employees
with 9 employees, this is below the industry average (64)
9 - Mirchris Ltd
64 - Industry AVG
Pay Structure
on an average salary of £26.7k, the company has an equivalent pay structure (£26.7k)
- Mirchris Ltd
£26.7k - Industry AVG
Efficiency
resulting in sales per employee of £146.1k, this is equally as efficient (£146.1k)
- Mirchris Ltd
£146.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mirchris Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mirchris Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mirchris Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mirchris Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Mirchris Ltd
- - Industry AVG
MIRCHRIS LTD financials
Mirchris Ltd's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of £717.8 thousand. According to their latest financial statements, Mirchris Ltd has 9 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 | |||||||||||||||
| 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 | 9 | 6 | 6 | 7 | 5 | 8 | 5 | 5 | 10 | ||||||
| EBITDA* |
* 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 | 1,305 | 1,941 | 2,936 | 13,547 | 23,523 | 30,287 | 1,579 | 2,106 | 1,947 | 2,596 | 2,586 | 3,448 | 4,173 | 4,085 | |
| Intangible Assets | 15,000 | 30,000 | 45,000 | 60,000 | 75,000 | 90,000 | 105,000 | 120,000 | 135,000 | 150,000 | 165,000 | 180,000 | 195,000 | ||
| Investments & Other | 189 | 2,016 | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,305 | 17,130 | 34,952 | 58,547 | 83,523 | 105,287 | 91,579 | 107,106 | 121,947 | 137,596 | 152,586 | 168,448 | 184,173 | 199,085 | |
| Stock & work in progress | 31,886 | 30,999 | 35,568 | 52,958 | 49,349 | 39,320 | 39,968 | 26,740 | 24,560 | 23,490 | 30,820 | 31,760 | 31,280 | 31,494 | |
| Trade Debtors | 56,571 | 58,688 | 59,288 | 55,546 | 48,354 | 46,194 | 45,297 | 53,924 | 75,497 | 83,369 | 83,847 | 88,477 | 159,201 | 118,567 | |
| Group Debtors | 717,768 | 1,040,255 | 1,010,508 | 334,654 | 189,029 | 171,801 | 40,336 | ||||||||
| Misc Debtors | 148,550 | 146,614 | 30,656 | 29,791 | 24,681 | 29,339 | 30,478 | 27,931 | |||||||
| Cash | 326,600 | 253,405 | 91,502 | 111,249 | 117,537 | 162,838 | 160,845 | 205,839 | 209,013 | 206,590 | 177,216 | 191,334 | 34,706 | 21,675 | |
| misc current assets | |||||||||||||||
| total current assets | 717,768 | 1,603,862 | 1,500,214 | 551,668 | 438,573 | 411,722 | 318,027 | 276,588 | 314,434 | 309,070 | 313,449 | 291,883 | 311,571 | 225,187 | 171,736 |
| total assets | 717,768 | 1,605,167 | 1,517,344 | 586,620 | 497,120 | 495,245 | 423,314 | 368,167 | 421,540 | 431,017 | 451,045 | 444,469 | 480,019 | 409,360 | 370,821 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 79,706 | 75,636 | 71,561 | 82,085 | 78,505 | 67,545 | 44,112 | 47,320 | 53,747 | 67,374 | 71,522 | 93,239 | 91,660 | 100,212 | |
| Group/Directors Accounts | 4,373 | 3,293 | |||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 851,701 | 863,030 | 72,074 | 35,214 | 48,325 | 38,087 | 4,552 | 6,326 | |||||||
| total current liabilities | 935,780 | 941,959 | 143,635 | 117,299 | 126,830 | 105,632 | 48,664 | 53,646 | 53,747 | 67,374 | 71,522 | 93,239 | 91,660 | 100,212 | |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 935,780 | 941,959 | 143,635 | 117,299 | 126,830 | 105,632 | 48,664 | 53,646 | 53,747 | 67,374 | 71,522 | 93,239 | 91,660 | 100,212 | |
| net assets | 717,768 | 669,387 | 575,385 | 442,985 | 379,821 | 368,415 | 317,682 | 319,503 | 367,894 | 377,270 | 383,671 | 372,947 | 386,780 | 317,700 | 270,609 |
| total shareholders funds | 717,768 | 669,387 | 575,385 | 442,985 | 379,821 | 368,415 | 317,682 | 319,503 | 367,894 | 377,270 | 383,671 | 372,947 | 386,780 | 317,700 | 270,609 |
| 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 | |||||||||||||||
| Depreciation | 635 | 995 | 10,611 | 10,611 | 10,366 | 10,052 | 527 | 526 | 649 | 865 | 862 | 1,149 | 1,375 | 1,361 | |
| Amortisation | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 1,500 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | |
| Tax | |||||||||||||||
| Stock | -31,886 | 887 | -4,569 | -17,390 | 3,609 | 10,029 | -648 | 13,228 | 2,180 | 1,070 | -7,330 | -940 | 480 | -214 | 31,494 |
| Debtors | -527,608 | 29,566 | 791,212 | 150,232 | 29,530 | 128,967 | 40,094 | -6,080 | 6,358 | -7,872 | -478 | -4,630 | -70,724 | 40,634 | 118,567 |
| Creditors | -79,706 | 4,070 | 4,075 | -10,524 | 3,580 | 10,960 | 23,433 | -3,208 | -6,427 | -13,627 | -4,148 | -21,717 | 1,579 | -8,552 | 100,212 |
| Accruals and Deferred Income | -851,701 | -11,329 | 790,956 | 36,860 | -13,111 | 10,238 | 33,535 | -1,774 | 6,326 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -189 | -1,827 | 2,016 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -4,373 | 1,080 | 3,293 | ||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -326,600 | 73,195 | 161,903 | -19,747 | -6,288 | -45,301 | 1,993 | -44,994 | -3,174 | 2,423 | 29,374 | -14,118 | 156,628 | 13,031 | 21,675 |
| overdraft | |||||||||||||||
| change in cash | -326,600 | 73,195 | 161,903 | -19,747 | -6,288 | -45,301 | 1,993 | -44,994 | -3,174 | 2,423 | 29,374 | -14,118 | 156,628 | 13,031 | 21,675 |
mirchris ltd Credit Report and Business Information
Mirchris Ltd Competitor Analysis
Perform a competitor analysis for mirchris ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HA5 area or any other competitors across 12 key performance metrics.
mirchris ltd Ownership
MIRCHRIS LTD group structure
Mirchris Ltd has no subsidiary companies.
mirchris ltd directors
Mirchris Ltd currently has 1 director, Mr Anup Patel serving since Aug 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anup Patel | United Kingdom | 33 years | Aug 2017 | - | Director |
P&L
March 2024turnover
1.3m
+129%
operating profit
55.9k
0%
gross margin
31.4%
-3.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
717.8k
+0.07%
total assets
717.8k
-0.55%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
mirchris ltd company details
company number
04782314
Type
Private limited with Share Capital
industry
47730 - Dispensing chemist in specialised stores
incorporation date
May 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
AEQUITAS
auditor
-
address
elthorne gate 64 high street, pinner, HA5 5QA
Bank
-
Legal Advisor
-
mirchris ltd 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 8 charges/mortgages relating to mirchris ltd. Currently there are 7 open charges and 1 have been satisfied in the past.
mirchris ltd 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.
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mirchris ltd Companies House Filings - See Documents
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