millers citax limited Company Information
Group Structure
View All
Industry
Other passenger land transport n.e.c.
+1Registered Address
273 brook street, preston, lancashire, PR1 7NH
Website
www.millerscitax.commillers citax limited Estimated Valuation
Pomanda estimates the enterprise value of MILLERS CITAX LIMITED at £3m based on a Turnover of £2.7m and 1.1x industry multiple (adjusted for size and gross margin).
millers citax limited Estimated Valuation
Pomanda estimates the enterprise value of MILLERS CITAX LIMITED at £1.1m based on an EBITDA of £285.6k and a 3.97x industry multiple (adjusted for size and gross margin).
millers citax limited Estimated Valuation
Pomanda estimates the enterprise value of MILLERS CITAX LIMITED at £4.5m based on Net Assets of £1.7m and 2.66x industry multiple (adjusted for liquidity).
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Millers Citax Limited Overview
Millers Citax Limited is a live company located in lancashire, PR1 7NH with a Companies House number of 04969167. It operates in the taxi operation sector, SIC Code 49320. Founded in November 2003, it's largest shareholder is ashton taxis ltd with a 100% stake. Millers Citax Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.7m with healthy growth in recent years.
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Millers Citax Limited Health Check
Pomanda's financial health check has awarded Millers Citax Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
2 Weak
Size
annual sales of £2.7m, make it larger than the average company (£1.1m)
- Millers Citax Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (9.2%)
- Millers Citax Limited
9.2% - Industry AVG
Production
with a gross margin of 40.5%, this company has a comparable cost of product (40.5%)
- Millers Citax Limited
40.5% - Industry AVG
Profitability
an operating margin of 7.3% make it as profitable than the average company (8.9%)
- Millers Citax Limited
8.9% - Industry AVG
Employees
with 25 employees, this is similar to the industry average (21)
25 - Millers Citax Limited
21 - Industry AVG
Pay Structure
on an average salary of £29.4k, the company has an equivalent pay structure (£29.4k)
- Millers Citax Limited
£29.4k - Industry AVG
Efficiency
resulting in sales per employee of £109.5k, this is more efficient (£81.2k)
- Millers Citax Limited
£81.2k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is later than average (30 days)
- Millers Citax Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (13 days)
- Millers Citax Limited
13 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Millers Citax Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 100 weeks, this is more cash available to meet short term requirements (38 weeks)
100 weeks - Millers Citax Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.9%, this is a lower level of debt than the average (49.6%)
17.9% - Millers Citax Limited
49.6% - Industry AVG
MILLERS CITAX LIMITED financials
Millers Citax Limited's latest turnover from December 2023 is estimated at £2.7 million and the company has net assets of £1.7 million. According to their latest financial statements, Millers Citax Limited has 25 employees and maintains cash reserves of £704.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 25 | 25 | 25 | 27 | 28 | 26 | 26 | 23 | 24 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 407,335 | 404,612 | 412,589 | 495,587 | 619,029 | 657,893 | 699,986 | 654,851 | 710,807 | 974,526 | 1,164,067 | 1,023,903 | 997,983 | 640,192 | 654,216 |
Intangible Assets | 0 | 21,823 | 43,647 | 65,470 | 87,294 | 109,118 | 130,941 | 152,765 | 174,588 | 196,412 | 218,236 | 231,414 | 244,592 | 257,770 | 270,948 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 85,776 | 97,790 | 109,332 | 81,996 | 56,913 | 52,061 | 51,298 | 53,834 | 0 | 50,704 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 493,111 | 524,225 | 565,568 | 643,053 | 763,236 | 819,072 | 882,225 | 861,450 | 885,395 | 1,221,642 | 1,382,303 | 1,255,317 | 1,242,575 | 897,962 | 925,164 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 358,537 | 517,264 | 368,775 | 217,490 | 411,860 | 375,538 | 251,755 | 265,043 | 372,285 | 915,024 | 820,227 | 669,405 | 284,235 | 422,313 | 394,962 |
Group Debtors | 0 | 194,736 | 194,736 | 194,736 | 494,736 | 708,069 | 753,212 | 762,028 | 720,844 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 478,047 | 19,627 | 12,570 | 14,912 | 8,112 | 27,133 | 20,735 | 21,195 | 113,762 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 704,750 | 490,133 | 513,437 | 1,123,090 | 512,069 | 221,203 | 81,849 | 29,711 | 43,875 | 13,077 | 22,028 | 44,301 | 109,436 | 315,626 | 149,939 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,541,334 | 1,221,760 | 1,089,518 | 1,550,228 | 1,426,777 | 1,331,943 | 1,107,551 | 1,077,977 | 1,250,766 | 928,101 | 842,255 | 713,706 | 393,671 | 737,939 | 544,901 |
total assets | 2,034,445 | 1,745,985 | 1,655,086 | 2,193,281 | 2,190,013 | 2,151,015 | 1,989,776 | 1,939,427 | 2,136,161 | 2,149,743 | 2,224,558 | 1,969,023 | 1,636,246 | 1,635,901 | 1,470,065 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 243,656 | 95,286 | 87,764 | 87,764 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,384 | 34,404 | 10,438 | 33,661 | 30,508 | 8,644 | 23,866 | 20,884 | 38,625 | 712,763 | 701,514 | 267,289 | 361,930 | 349,287 | 310,832 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 60,252 | 181,288 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 67,373 | 151,669 | 0 | 0 | 145,671 | 71,785 | 48,725 | 24,625 |
other current liabilities | 362,444 | 215,270 | 184,744 | 375,416 | 427,855 | 456,521 | 334,073 | 256,639 | 335,103 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 363,828 | 249,674 | 195,182 | 409,077 | 458,363 | 465,165 | 357,939 | 405,148 | 706,685 | 712,763 | 701,514 | 656,616 | 529,001 | 485,776 | 423,221 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 248,163 | 349,759 | 448,908 | 536,310 |
hp & lease commitments | 0 | 0 | 2,680 | 52,305 | 57,148 | 90,344 | 159,931 | 78,620 | 44,074 | 0 | 0 | 116,078 | 61,598 | 24,723 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 392,720 | 586,895 | 215,000 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 732 | 3,262 | 12,815 | 36,061 |
total long term liabilities | 0 | 0 | 2,680 | 52,305 | 57,148 | 90,344 | 159,931 | 78,620 | 64,074 | 392,720 | 586,895 | 579,973 | 414,619 | 486,446 | 572,371 |
total liabilities | 363,828 | 249,674 | 197,862 | 461,382 | 515,511 | 555,509 | 517,870 | 483,768 | 770,759 | 1,105,483 | 1,288,409 | 1,236,589 | 943,620 | 972,222 | 995,592 |
net assets | 1,670,617 | 1,496,311 | 1,457,224 | 1,731,899 | 1,674,502 | 1,595,506 | 1,471,906 | 1,455,659 | 1,365,402 | 1,044,260 | 936,149 | 732,434 | 692,626 | 663,679 | 474,473 |
total shareholders funds | 1,670,617 | 1,496,311 | 1,457,224 | 1,731,899 | 1,674,502 | 1,595,506 | 1,471,906 | 1,455,659 | 1,365,402 | 1,044,260 | 936,149 | 732,434 | 692,626 | 663,679 | 474,473 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 62,721 | 71,879 | 100,491 | 200,271 | 190,156 | 243,183 | 199,706 | 197,666 | 294,043 | 241,951 | 201,089 | 232,521 | 74,449 | 126,089 | |
Amortisation | 21,823 | 21,824 | 21,823 | 21,824 | 21,824 | 21,824 | 21,824 | 21,824 | 21,824 | 13,178 | 13,178 | 13,178 | 13,178 | 13,178 | |
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 92,943 | 144,004 | 176,279 | -462,487 | -191,180 | 85,801 | -25,100 | -104,791 | 241,163 | 145,501 | 150,822 | 385,170 | -138,078 | 27,351 | 394,962 |
Creditors | -33,020 | 23,966 | -23,223 | 3,153 | 21,864 | -15,222 | 2,982 | -17,741 | -674,138 | 11,249 | 434,225 | -94,641 | 12,643 | 38,455 | 310,832 |
Accruals and Deferred Income | 147,174 | 30,526 | -190,672 | -52,439 | -28,666 | 122,448 | 77,434 | -78,464 | 335,103 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -732 | -2,530 | -9,553 | -23,246 | 36,061 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -60,252 | -121,036 | 181,288 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -248,163 | -101,596 | -99,149 | -87,402 | 536,310 |
Hire Purchase and Lease Commitments | 0 | -2,680 | -49,625 | -4,843 | -33,196 | -69,587 | 13,938 | -49,750 | 195,743 | 0 | -261,749 | 128,366 | 59,935 | 48,823 | 24,625 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,000 | -372,720 | -194,175 | 371,895 | 215,000 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 214,617 | -23,304 | -609,653 | 611,021 | 290,866 | 139,354 | 52,138 | -14,164 | 30,798 | -8,951 | -22,273 | -65,135 | -206,190 | 165,687 | 149,939 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -243,656 | 148,370 | 7,522 | 0 | 87,764 |
change in cash | 214,617 | -23,304 | -609,653 | 611,021 | 290,866 | 139,354 | 52,138 | -14,164 | 30,798 | -8,951 | 221,383 | -213,505 | -213,712 | 165,687 | 62,175 |
millers citax limited Credit Report and Business Information
Millers Citax Limited Competitor Analysis
Perform a competitor analysis for millers citax limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in PR1 area or any other competitors across 12 key performance metrics.
millers citax limited Ownership
MILLERS CITAX LIMITED group structure
Millers Citax Limited has no subsidiary companies.
Ultimate parent company
2 parents
MILLERS CITAX LIMITED
04969167
millers citax limited directors
Millers Citax Limited currently has 1 director, Mr Anthony Abram serving since Jun 2008.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Anthony Abram | United Kingdom | 46 years | Jun 2008 | - | Director |
P&L
December 2023turnover
2.7m
-28%
operating profit
201k
0%
gross margin
40.6%
+14.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.7m
+0.12%
total assets
2m
+0.17%
cash
704.8k
+0.44%
net assets
Total assets minus all liabilities
millers citax limited company details
company number
04969167
Type
Private limited with Share Capital
industry
49390 - Other passenger land transport n.e.c.
49320 - Taxi operation
incorporation date
November 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
MHA MOORE & SMALLEY
auditor
-
address
273 brook street, preston, lancashire, PR1 7NH
Bank
-
Legal Advisor
-
millers citax 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 5 charges/mortgages relating to millers citax limited. Currently there are 0 open charges and 5 have been satisfied in the past.
millers citax 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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millers citax limited Companies House Filings - See Documents
date | description | view/download |
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