Pomanda estimates the enterprise value of MIMECAST SERVICES LIMITED at £405.5m based on a Turnover of £212.6m and 1.91x industry multiple (adjusted for size and gross margin).
mimecast services limitedEstimated Valuation
£552.3m
Pomanda estimates the enterprise value of MIMECAST SERVICES LIMITED at £552.3m based on an EBITDA of £42.6m and a 12.97x industry multiple (adjusted for size and gross margin).
mimecast services limitedEstimated Valuation
£586.8m
Pomanda estimates the enterprise value of MIMECAST SERVICES LIMITED at £586.8m based on Net Assets of £259.8m and 2.26x industry multiple (adjusted for liquidity).
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Mimecast Services LimitedOverview
Mimecast Services Limited is a live company located in london, EC2M 2PF with a Companies House number of 04901524. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in September 2003, it's largest shareholder is
mimecast uk limited
with a 100% stake. Mimecast Services Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£212.6m with
declining
growth in recent years.
Pomanda's financial health check has awarded Mimecast Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
1 Regular
3 Weak
Size
annual sales of £212.6m, make it larger than the average company (£1.4m)
£212.6m - Mimecast Services Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (9.3%)
-2% - Mimecast Services Limited
9.3% - Industry AVG
Production
with a gross margin of 81.1%, this company has a lower cost of product (43.8%)
81.1% - Mimecast Services Limited
43.8% - Industry AVG
Profitability
an operating margin of 17.1% make it more profitable than the average company (6.1%)
17.1% - Mimecast Services Limited
6.1% - Industry AVG
Employees
with 649 employees, this is above the industry average (12)
649 - Mimecast Services Limited
12 - Industry AVG
Pay Structure
on an average salary of £131k, the company has a higher pay structure (£59.6k)
£131k - Mimecast Services Limited
£59.6k - Industry AVG
Efficiency
resulting in sales per employee of £327.5k, this is more efficient (£130.9k)
£327.5k - Mimecast Services Limited
£130.9k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is near the average (62 days)
65 days - Mimecast Services Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (28 days)
37 days - Mimecast Services Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mimecast Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 5 weeks, this is less cash available to meet short term requirements (17 weeks)
5 weeks - Mimecast Services Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45%, this is a lower level of debt than the average (55.3%)
45% - Mimecast Services Limited
55.3% - Industry AVG
MIMECAST SERVICES LIMITED financials
EXPORT
Mimecast Services Limited's latest turnover from March 2024 is £212.6 million and the company has net assets of £259.8 million. According to their latest financial statements, Mimecast Services Limited has 649 employees and maintains cash reserves of £17.2 million 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
212,558,000
202,346,000
265,092,000
224,977,000
173,409,000
136,481,000
94,705,000
46,976,000
36,687,000
30,271,871
24,146,309
18,767,460
13,771,322
9,876,609
6,795,996
Other Income Or Grants
Cost Of Sales
40,264,000
50,275,000
35,567,000
35,848,000
34,543,000
22,518,000
18,317,000
13,769,000
11,424,000
10,021,578
7,547,221
2,401,948
2,120,068
1,336,075
831,219
Gross Profit
172,294,000
152,071,000
229,525,000
189,129,000
138,866,000
113,963,000
76,388,000
33,207,000
25,263,000
20,250,293
16,599,088
16,365,512
11,651,254
8,540,534
5,964,777
Admin Expenses
135,854,000
184,249,000
181,579,000
166,646,000
151,507,000
116,517,000
81,461,000
33,791,000
22,348,183
15,356,386
17,794,463
22,023,279
14,687,060
14,241,040
9,477,902
Operating Profit
36,440,000
-32,178,000
47,946,000
22,483,000
-12,641,000
-2,554,000
-5,073,000
-584,000
2,914,817
4,893,907
-1,195,375
-5,657,767
-3,035,806
-5,700,506
-3,513,125
Interest Payable
3,615,000
1,898,000
2,120,000
2,285,000
2,398,000
138,000
180,000
921,000
1,828,000
1,853,056
1,740,756
237,970
45,410
2,322
22,201
Interest Receivable
15,999,000
6,036,000
8,000
134,000
338,000
689,000
379,000
493,000
868,000
810,183
2,321
784
841
Pre-Tax Profit
48,824,000
-28,040,000
45,834,000
20,332,000
-14,701,000
-2,003,000
-4,874,000
-1,012,000
1,598,000
3,864,850
-2,913,919
-5,895,737
-3,081,216
-5,702,044
-3,534,485
Tax
-1,127,000
-11,352,000
10,455,000
-379,000
-771,000
1,037,000
-1,037,000
211,000
-211,000
987,018
865,577
748,460
399,646
198,281
Profit After Tax
47,697,000
-39,392,000
56,289,000
19,953,000
-15,472,000
-966,000
-5,911,000
-801,000
1,387,000
3,864,850
-1,926,901
-5,030,160
-2,332,756
-5,302,398
-3,336,204
Dividends Paid
Retained Profit
47,697,000
-39,392,000
56,289,000
19,953,000
-15,472,000
-966,000
-5,911,000
-801,000
1,387,000
3,864,850
-1,926,901
-5,030,160
-2,332,756
-5,302,398
-3,336,204
Employee Costs
85,030,000
141,063,000
79,693,000
76,014,000
67,149,000
50,891,000
44,035,000
33,040,000
25,537,000
22,213,782
18,753,841
16,513,846
12,167,747
11,768,723
8,051,144
Number Of Employees
649
633
629
692
638
548
466
374
313
278
261
204
142
97
88
EBITDA*
42,589,000
-25,937,000
58,391,000
41,593,000
7,261,000
5,380,000
-923,000
2,295,000
5,642,817
7,798,236
1,391,162
-3,845,232
-1,874,479
-4,811,152
-2,836,279
* 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
16,856,000
18,857,000
196,801,000
188,939,000
190,132,000
105,339,000
19,745,000
7,215,000
5,354,000
5,335,626
5,553,247
4,131,293
2,308,919
1,980,360
1,294,145
Intangible Assets
36,235,000
44,324,000
17,188,000
17,021,000
16,925,000
6,596,000
6,157,000
Investments & Other
117,680,000
118,570,000
113,976,000
113,976,000
113,976,000
83,848,000
4,968,000
4,945,000
1,232,639
1,215,434
Debtors (Due After 1 year)
208,066,000
11,522,000
21,902,000
9,519,000
8,189,000
8,101,000
Total Fixed Assets
378,837,000
193,273,000
213,989,000
205,960,000
207,057,000
111,935,000
25,902,000
12,160,000
5,354,000
6,568,265
6,768,681
4,131,293
2,308,919
1,980,360
1,294,145
Stock & work in progress
Trade Debtors
37,880,000
37,197,000
35,721,000
30,127,000
28,621,000
23,973,000
34,810,000
14,050,000
11,992,000
8,970,276
8,008,162
5,627,816
3,980,383
4,487,086
2,705,562
Group Debtors
20,028,000
111,913,000
28,802,000
21,896,000
32,664,000
75,407,000
22,868,000
39,527,000
7,917,000
7,879,999
5,190,251
Misc Debtors
17,820,000
15,107,000
13,149,000
11,205,000
9,297,000
13,136,000
7,125,000
4,887,000
4,362,000
2,806,486
2,802,468
3,243,274
2,254,286
1,200,433
941,262
Cash
17,240,000
13,387,000
99,048,000
38,596,000
16,614,000
6,629,000
6,198,000
17,967,000
9,146,000
5,776,034
2,604,889
1,649,327
2,018,766
289,251
764,248
misc current assets
890,000
322,000
total current assets
93,858,000
177,926,000
176,720,000
101,824,000
87,196,000
122,304,000
71,001,000
76,431,000
33,417,000
25,432,795
18,605,770
10,520,417
8,253,435
5,976,770
4,411,072
total assets
472,695,000
371,199,000
390,709,000
307,784,000
294,253,000
234,239,000
96,903,000
88,591,000
38,771,000
32,001,060
25,374,451
14,651,710
10,562,354
7,957,130
5,705,217
Bank overdraft
Bank loan
Trade Creditors
4,084,000
2,364,000
2,711,000
863,000
4,047,000
133,518,000
1,113,000
515,000
453,000
1,818,874
2,125,909
1,988,420
1,065,860
392,652
812,741
Group/Directors Accounts
50,352,000
3,870,000
8,844,000
75,000
other short term finances
1,382,000
3,425,000
3,572,582
1,888,677
76,612
1,325,190
hp & lease commitments
10,202,000
8,067,000
8,239,000
9,499,000
8,653,000
47,790
other current liabilities
108,991,000
105,570,000
98,966,000
84,290,000
98,910,000
81,453,000
51,404,000
29,704,000
22,961,161
19,813,582
16,052,394
14,227,665
12,508,667
8,893,245
total current liabilities
173,629,000
119,871,000
109,916,000
94,652,000
111,610,000
133,518,000
82,566,000
62,145,000
33,582,000
28,352,617
23,828,168
18,117,426
16,618,715
12,901,319
9,828,776
loans
83,142,000
87,798,000
90,200,000
14,556,000
15,934,784
18,830,969
12,554,378
7,967,588
7,552,158
3,877,471
hp & lease commitments
24,924,000
33,483,000
41,571,000
43,899,000
45,100,000
4,534
Accruals and Deferred Income
13,831,000
10,930,000
8,195,000
7,573,000
6,582,000
12,674,000
8,144,000
4,594,000
3,961,000
2,717,717
2,473,471
3,462,892
other liabilities
1,083,292
849,652
provisions
534,000
total long term liabilities
39,289,000
44,413,000
49,766,000
51,472,000
51,682,000
12,674,000
8,144,000
4,594,000
18,517,000
19,735,793
22,154,092
16,017,270
7,967,588
7,552,158
3,882,005
total liabilities
212,918,000
164,284,000
159,682,000
146,124,000
163,292,000
146,192,000
90,710,000
66,739,000
52,099,000
48,088,410
45,982,260
34,134,696
24,586,303
20,453,477
13,710,781
net assets
259,777,000
206,915,000
231,027,000
161,660,000
130,961,000
88,047,000
6,193,000
21,852,000
-13,328,000
-16,087,350
-20,607,809
-19,482,986
-14,023,949
-12,496,347
-8,005,564
total shareholders funds
259,777,000
206,915,000
231,027,000
161,660,000
130,961,000
88,047,000
6,193,000
21,852,000
-13,328,000
-16,087,350
-20,607,809
-19,482,986
-14,023,949
-12,496,347
-8,005,564
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
36,440,000
-32,178,000
47,946,000
22,483,000
-12,641,000
-2,554,000
-5,073,000
-584,000
2,914,817
4,893,907
-1,195,375
-5,657,767
-3,035,806
-5,700,506
-3,513,125
Depreciation
5,566,000
5,812,000
6,371,000
6,656,000
6,391,000
5,448,000
4,150,000
2,879,000
2,728,000
2,904,329
2,586,537
1,812,535
1,161,327
889,354
676,846
Amortisation
583,000
429,000
4,074,000
12,454,000
13,511,000
2,486,000
Tax
-1,127,000
-11,352,000
10,455,000
-379,000
-771,000
1,037,000
-1,037,000
211,000
-211,000
987,018
865,577
748,460
399,646
198,281
Stock
Debtors
108,055,000
76,165,000
26,827,000
-6,024,000
-41,846,000
55,814,000
6,339,000
34,193,000
4,614,239
3,655,880
7,129,791
2,636,421
547,150
2,040,695
3,646,824
Creditors
1,720,000
-347,000
1,848,000
-3,184,000
-129,471,000
132,405,000
598,000
62,000
-1,365,874
-307,035
137,489
922,560
673,208
-420,089
812,741
Accruals and Deferred Income
6,322,000
9,339,000
15,298,000
-13,629,000
92,818,000
-76,923,000
33,599,000
22,333,000
7,986,122
3,391,825
2,771,767
5,287,621
1,718,998
3,615,422
8,893,245
Deferred Taxes & Provisions
534,000
Cash flow from operations
-58,017,000
-104,462,000
59,165,000
30,425,000
11,683,000
6,085,000
25,898,000
-9,292,000
7,437,826
7,227,146
-1,842,355
594,105
719,037
-3,256,868
3,421,164
Investing Activities
capital expenditure
3,941,000
144,567,000
-18,474,000
-18,013,000
-115,024,000
-93,967,000
-22,837,000
-4,740,000
-2,746,374
-2,686,708
-4,008,491
-3,764,146
-1,489,886
-1,575,569
-835,714
Change in Investments
-890,000
4,594,000
30,128,000
78,880,000
23,000
4,945,000
-1,232,639
17,205
1,215,434
cash flow from investments
4,831,000
139,973,000
-18,474,000
-18,013,000
-145,152,000
-172,847,000
-22,860,000
-9,685,000
-1,513,735
-2,703,913
-5,223,925
-3,764,146
-1,489,886
-1,575,569
-835,714
Financing Activities
Bank loans
Group/Directors Accounts
46,482,000
3,870,000
-8,844,000
8,844,000
-75,000
75,000
Other Short Term Loans
-1,382,000
-2,043,000
-147,582
1,683,905
1,812,065
-1,248,578
1,325,190
Long term loans
-83,142,000
-4,656,000
-2,402,000
90,200,000
-14,556,000
-1,378,784
-2,896,185
6,276,591
4,586,790
415,430
3,674,687
3,877,471
Hire Purchase and Lease Commitments
-6,424,000
-8,260,000
-3,588,000
-355,000
53,753,000
-52,324
52,324
other long term liabilities
-1,083,292
233,640
849,652
share issue
5,165,000
15,280,000
13,078,000
10,746,000
58,386,000
82,820,000
-9,748,000
35,981,000
1,372,350
655,609
802,078
-428,877
805,154
811,615
-4,669,360
interest
12,384,000
4,138,000
-2,112,000
-2,151,000
-2,060,000
551,000
199,000
-428,000
-960,000
-1,042,873
-1,738,435
-237,970
-45,410
-1,538
-21,360
cash flow from financing
57,607,000
-68,114,000
2,722,000
5,838,000
200,279,000
83,371,000
-19,775,000
27,798,000
-2,197,308
-1,365,904
8,001,951
2,671,365
2,500,364
4,357,440
-685,925
cash and cash equivalents
cash
3,853,000
-85,661,000
60,452,000
21,982,000
9,985,000
431,000
-11,769,000
8,821,000
3,369,966
3,171,145
955,562
-369,439
1,729,515
-474,997
764,248
overdraft
change in cash
3,853,000
-85,661,000
60,452,000
21,982,000
9,985,000
431,000
-11,769,000
8,821,000
3,369,966
3,171,145
955,562
-369,439
1,729,515
-474,997
764,248
mimecast services 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 mimecast services limited. Get real-time insights into mimecast services limited's credit score, group structure and payment trends.
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mimecast services limited Ownership
MIMECAST SERVICES LIMITED group structure
Mimecast Services Limited has 2 subsidiary companies.
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 7 charges/mortgages relating to mimecast services limited. Currently there are 5 open charges and 2 have been satisfied in the past.
mimecast services 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.
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mimecast services limitedCompanies House Filings - See Documents
