mildef limited

4

mildef limited Company Information

Share MILDEF LIMITED
Live 
EstablishedMidRapid

Company Number

05756627

Registered Address

building 232/gcc, dragon way, bro tathan west, barry, CF62 4AF

Industry

Manufacture of computers and peripheral equipment

 

Telephone

02920647040

Next Accounts Due

September 2025

Group Structure

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Directors

Aubrey Fenn18 Years

Daniel Ljunggren5 Years

View All

Shareholders

mildef group ab 100%

mildef limited Estimated Valuation

£12.4m

Pomanda estimates the enterprise value of MILDEF LIMITED at £12.4m based on a Turnover of £7.8m and 1.58x industry multiple (adjusted for size and gross margin).

mildef limited Estimated Valuation

£12.8m

Pomanda estimates the enterprise value of MILDEF LIMITED at £12.8m based on an EBITDA of £1.4m and a 9.23x industry multiple (adjusted for size and gross margin).

mildef limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of MILDEF LIMITED at £1.9m based on Net Assets of £871.7k and 2.21x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from December 2023 

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Mildef Limited Overview

Mildef Limited is a live company located in barry, CF62 4AF with a Companies House number of 05756627. It operates in the manufacture of computers and peripheral equipment sector, SIC Code 26200. Founded in March 2006, it's largest shareholder is mildef group ab with a 100% stake. Mildef Limited is a established, mid sized company, Pomanda has estimated its turnover at £7.8m with rapid growth in recent years.

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Mildef Limited Health Check

Pomanda's financial health check has awarded Mildef Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £7.8m, make it smaller than the average company (£17.2m)

£7.8m - Mildef Limited

£17.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 59%, show it is growing at a faster rate (5.2%)

59% - Mildef Limited

5.2% - Industry AVG

production

Production

with a gross margin of 38.9%, this company has a lower cost of product (29.1%)

38.9% - Mildef Limited

29.1% - Industry AVG

profitability

Profitability

an operating margin of 17.5% make it more profitable than the average company (3.5%)

17.5% - Mildef Limited

3.5% - Industry AVG

employees

Employees

with 14 employees, this is below the industry average (69)

14 - Mildef Limited

69 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.7k, the company has an equivalent pay structure (£52.7k)

£52.7k - Mildef Limited

£52.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £558.6k, this is more efficient (£213.9k)

£558.6k - Mildef Limited

£213.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 36 days, this is earlier than average (49 days)

36 days - Mildef Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 28 days, this is quicker than average (32 days)

28 days - Mildef Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 250 days, this is more than average (72 days)

250 days - Mildef Limited

72 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (20 weeks)

7 weeks - Mildef Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 84.4%, this is a higher level of debt than the average (51.7%)

84.4% - Mildef Limited

51.7% - Industry AVG

mildef limited 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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Mildef Limited Competitor Analysis

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Perform a competitor analysis for mildef limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

mildef limited Ownership

MILDEF LIMITED group structure

Mildef Limited has no subsidiary companies.

Ultimate parent company

MILDEF GROUP AB

#0067467

1 parent

MILDEF LIMITED

05756627

MILDEF LIMITED Shareholders

mildef group ab 100%

mildef limited directors

Mildef Limited currently has 3 directors. The longest serving directors include Mr Aubrey Fenn (Mar 2006) and Mr Daniel Ljunggren (Nov 2018).

officercountryagestartendrole
Mr Aubrey FennUnited Kingdom58 years Mar 2006- Director
Mr Daniel LjunggrenUnited Kingdom44 years Nov 2018- Director
Mr Gregory ClarkUnited Kingdom43 years Jan 2020- Director

MILDEF LIMITED financials

EXPORTms excel logo

Mildef Limited's latest turnover from December 2023 is £7.8 million and the company has net assets of £871.7 thousand. According to their latest financial statements, Mildef Limited has 14 employees and maintains cash reserves of £689.9 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
Turnover7,820,8714,180,8333,358,8401,954,3321,821,3302,641,0973,274,7382,175,5013,902,8852,003,5941,005,6921,175,059953,4491,126,7630
Other Income Or Grants000000000000000
Cost Of Sales4,779,7683,025,4982,250,5241,230,0121,095,0231,651,1882,049,0011,396,7352,485,3101,260,861635,477727,608589,405696,0240
Gross Profit3,041,1031,155,3351,108,316724,320726,307989,9091,225,737778,7661,417,575742,733370,215447,452364,044430,7380
Admin Expenses1,669,9991,296,2281,170,918916,3041,151,761939,550886,588657,781730,399563,739453,974450,609550,803430,014-7,006
Operating Profit1,371,104-140,893-62,602-191,984-425,45450,359339,149120,985687,176178,994-83,759-3,157-186,7597247,006
Interest Payable203,166117,50054,29421,45417,1425200171,6686,8647,5000000
Interest Receivable003180102000000271111218124
Pre-Tax Profit1,167,938-258,393-116,578-213,438-442,49449,839339,149120,968685,508172,130-91,259-2,886-186,6489427,129
Tax37,45000048,8611,781-67,979-17,086-151,101-37,44117,04600-264-1,996
Profit After Tax1,205,388-258,393-116,578-213,438-393,63351,620271,170103,882534,407134,689-74,213-2,886-186,6486785,133
Dividends Paid00000299,99845,900183,6000000000
Retained Profit1,205,388-258,393-116,578-213,438-393,633-248,378225,270-79,718534,407134,689-74,213-2,886-186,6486785,133
Employee Costs737,960546,396474,244461,458460,851506,096394,611435,468414,918291,302267,969313,547230,355303,1020
Number Of Employees141099910887667570
EBITDA*1,384,628-104,474-62,602-186,168-416,54159,528343,889140,068740,092235,393-25,36256,434-150,6441,5267,438

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets189,15194,220005,81614,72923,8981,6993,8722,1225,20812,87421,8531,9511,046
Intangible Assets0000000016,91067,641118,372169,103219,83300
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets189,15194,220005,81614,72923,8981,69920,78269,763123,580181,977241,6861,9511,046
Stock & work in progress3,284,797123,28832,76135,01451,24040,10482,10184,36736,66129,94236,26247,31831,71700
Trade Debtors783,2222,193,736957,598196,766250,00488,245372,9941,950,808876,158222,576269,003235,027183,091191,7032,072
Group Debtors06,12016,06713,7090104,29411,5901240000000
Misc Debtors656,122200,66481,346217,268259,872118,57069,22151,885094,27271,1260000
Cash689,868179,966763,163154,81551,641464,158773,144125,673584,950223,83820,749101,4796,74437,73049,433
misc current assets000000000000000
total current assets5,414,0092,703,7741,850,935617,572612,757815,3711,309,0502,212,8571,497,769570,628397,140383,824221,552229,43351,505
total assets5,603,1602,797,9941,850,935617,572618,573830,1001,332,9482,214,5561,518,551640,391520,720565,801463,238231,38452,551
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 370,822135,764207,08282,09522,11453,40126,928651,1016,0655,3810209,524303,909195,16616,044
Group/Directors Accounts3,586,1332,236,0891,377,991324,693128,28724,18098,493296,699462,251137,36786,7580001,157
other short term finances0000001,30400000000
hp & lease commitments000000000000000
other current liabilities743,079756,595337,781165,534204,75993,638290,280577,352251,422257,993151,8970000
total current liabilities4,700,0343,128,4481,922,854572,322355,160171,219417,0051,525,152719,738400,741238,655209,524303,909195,16617,201
loans0000000000200,0000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000000000200,000000
provisions31,4453,2533,3953,9868,71110,54619,23017,96147,65222,89600166407217
total long term liabilities31,4453,2533,3953,9868,71110,54619,23017,96147,65222,896200,000200,000166407217
total liabilities4,731,4793,131,7011,926,249576,308363,871181,765436,2351,543,113767,390423,637438,655409,524304,075195,57317,418
net assets871,681-333,707-75,31441,264254,702648,335896,713671,443751,161216,75482,065156,277159,16335,81135,133
total shareholders funds871,681-333,707-75,31441,264254,702648,335896,713671,443751,161216,75482,065156,277159,16335,81135,133
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,371,104-140,893-62,602-191,984-425,45450,359339,149120,985687,176178,994-83,759-3,157-186,7597247,006
Depreciation13,52436,41905,8168,9139,1694,7402,1732,1855,6687,6668,8602,294802432
Amortisation000000016,91050,73150,73150,73150,73133,82100
Tax37,45000048,8611,781-67,979-17,086-151,101-37,44117,04600-264-1,996
Stock3,161,50990,527-2,253-16,22611,136-41,997-2,26647,7066,719-6,320-11,05615,60131,71700
Debtors-961,1761,345,509627,268-82,133198,767-142,696-1,549,0121,126,659559,310-23,281105,10251,936-8,612189,6312,072
Creditors235,058-71,318124,98759,981-31,28726,473-624,173645,0366845,381-209,524-94,385108,743179,12216,044
Accruals and Deferred Income-13,516418,814172,247-39,225111,121-196,642-287,072325,930-6,571106,096151,8970000
Deferred Taxes & Provisions28,192-142-591-4,725-1,835-8,6841,269-29,69124,75622,8960-166-241190217
Cash flow from operations-528,521-1,193,156-390,974-71,778-499,58467,149917,212-110,10841,831361,926-159,989-105,654-65,247-9,05719,631
Investing Activities
capital expenditure-108,455-130,6390000-26,9400-3,935-2,582-7,502118-275,850-1,707-1,478
Change in Investments000000000000000
cash flow from investments-108,455-130,6390000-26,9400-3,935-2,582-7,502118-275,850-1,707-1,478
Financing Activities
Bank loans000000000000000
Group/Directors Accounts1,350,044858,0981,053,298196,406104,107-74,313-198,206-165,552324,88450,60986,75800-1,1571,157
Other Short Term Loans 00000-1,3041,30400000000
Long term loans000000000-200,000200,0000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0000000000-200,000200,000000
share issue000000000010310,000030,000
interest-203,166-117,500-53,976-21,454-17,040-5200-17-1,668-6,864-7,500271111218124
cash flow from financing1,146,878740,598999,322174,95287,067-76,137-196,902-165,569323,216-156,25579,259200,271310,111-93931,281
cash and cash equivalents
cash509,902-583,197608,348103,174-412,517-308,986647,471-459,277361,112203,089-80,73094,735-30,986-11,70349,433
overdraft000000000000000
change in cash509,902-583,197608,348103,174-412,517-308,986647,471-459,277361,112203,089-80,73094,735-30,986-11,70349,433

P&L

December 2023

turnover

7.8m

+87%

operating profit

1.4m

-1073%

gross margin

38.9%

+40.71%

turnover

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

Balance Sheet

December 2023

net assets

871.7k

-3.61%

total assets

5.6m

+1%

cash

689.9k

+2.83%

net assets

Total assets minus all liabilities

mildef limited company details

company number

05756627

Type

Private limited with Share Capital

industry

26200 - Manufacture of computers and peripheral equipment

incorporation date

March 2006

age

18

accounts

Small Company

ultimate parent company

MILDEF GROUP AB

previous names

login crete limited (April 2011)

incorporated

UK

address

building 232/gcc, dragon way, bro tathan west, barry, CF62 4AF

last accounts submitted

December 2023

mildef 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 did not find charges/mortgages relating to mildef limited.

charges

mildef limited Companies House Filings - See Documents

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