Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
60 high road, london, N2 9PN
Website
-
michlo limitedEstimated Valuation
£7m
Pomanda estimates the enterprise value of MICHLO LIMITED at £7m based on a Turnover of £2.6m and 2.65x industry multiple (adjusted for size and gross margin).
michlo limitedEstimated Valuation
£395.9k
Pomanda estimates the enterprise value of MICHLO LIMITED at £395.9k based on an EBITDA of £76.5k and a 5.17x industry multiple (adjusted for size and gross margin).
michlo limitedEstimated Valuation
£1.5m
Pomanda estimates the enterprise value of MICHLO LIMITED at £1.5m based on Net Assets of £881.5k and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Michlo LimitedOverview
Michlo Limited is a live company located in london, N2 9PN with a Companies House number of 05852835. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2006, it's largest shareholder is
michael doukaki
with a 33.3% stake. Michlo Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.6m with
declining
growth in recent years.
Pomanda's financial health check has awarded Michlo Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £2.6m, make it larger than the average company (£918.1k)
£2.6m - Michlo Limited
£918.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (4.9%)
-10% - Michlo Limited
4.9% - Industry AVG
Production
with a gross margin of 34.6%, this company has a higher cost of product (75.5%)
34.6% - Michlo Limited
75.5% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (29.4%)
2.9% - Michlo Limited
29.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Michlo Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
£32.3k - Michlo Limited
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £880.1k, this is more efficient (£177.7k)
£880.1k - Michlo Limited
£177.7k - Industry AVG
Debtor Days
it gets paid by customers after 121 days, this is later than average (30 days)
121 days - Michlo Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (38 days)
20 days - Michlo Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Michlo Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Michlo Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.1%, this is a similar level of debt than the average (64.5%)
70.1% - Michlo Limited
64.5% - Industry AVG
MICHLO LIMITED financials
EXPORT
Michlo Limited's latest turnover from March 2024 is estimated at £2.6 million and the company has net assets of £881.5 thousand. According to their latest financial statements, Michlo Limited has 3 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
2,640,154
2,324,205
3,440,589
3,681,051
3,722,057
2,421,554
2,732,173
166,779
188,667
244,335
225,679
201,616
414,392
177,825
88,414
Other Income Or Grants
Cost Of Sales
1,726,096
1,548,378
2,317,194
2,430,883
2,489,411
1,632,021
1,815,897
107,113
126,191
172,198
158,658
143,296
294,636
125,558
61,330
Gross Profit
914,058
775,827
1,123,395
1,250,168
1,232,646
789,533
916,276
59,666
62,476
72,137
67,021
58,320
119,755
52,267
27,084
Admin Expenses
837,537
671,880
1,036,337
1,141,479
1,160,704
681,214
814,904
-25,444
-30,653
3,683
-8,661
14,569
87,843
-15,533
-24,875
Operating Profit
76,521
103,947
87,058
108,689
71,942
108,319
101,372
85,110
93,129
68,454
75,682
43,751
31,912
67,800
51,959
Interest Payable
25,849
39,828
Interest Receivable
833
602
749
601
368
634
1,505
1,172
7
Pre-Tax Profit
76,521
103,947
87,058
108,689
71,942
108,319
102,205
85,713
93,878
69,054
76,049
44,384
33,416
43,124
12,138
Tax
-19,130
-19,750
-16,541
-20,651
-13,669
-20,581
-19,419
-17,142
-18,775
-14,501
-17,491
-10,652
-8,688
-12,075
-2,549
Profit After Tax
57,391
84,197
70,517
88,038
58,273
87,738
82,786
68,570
75,102
54,553
58,558
33,732
24,728
31,049
9,589
Dividends Paid
Retained Profit
57,391
84,197
70,517
88,038
58,273
87,738
82,786
68,570
75,102
54,553
58,558
33,732
24,728
31,049
9,589
Employee Costs
96,982
91,113
88,766
80,576
82,180
81,085
234,832
25,572
26,254
26,049
24,774
23,979
47,893
23,333
24,855
Number Of Employees
3
3
3
3
3
3
9
1
1
1
1
1
2
1
1
EBITDA*
76,521
103,947
87,058
108,689
71,942
108,319
101,372
85,110
93,129
68,454
75,682
43,751
31,912
67,800
51,959
* 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
2,070,731
2,070,731
2,070,731
2,070,731
2,070,731
2,070,731
2,070,731
2,061,255
2,061,255
2,002,706
1,935,490
1,799,757
1,587,907
1,382,569
1,371,603
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,070,731
2,070,731
2,070,731
2,070,731
2,070,731
2,070,731
2,070,731
2,061,255
2,061,255
2,002,706
1,935,490
1,799,757
1,587,907
1,382,569
1,371,603
Stock & work in progress
Trade Debtors
881,229
859,116
1,341,047
1,365,643
1,227,650
765,564
676,044
3,168
3,168
3,168
3,168
3,168
55,620
2,318
Group Debtors
Misc Debtors
2,318
Cash
333,305
148,618
150,858
89,504
57,550
195,907
405,978
62,948
misc current assets
total current assets
881,229
859,116
1,341,047
1,365,643
1,227,650
765,564
676,044
336,473
151,786
154,026
92,672
60,718
251,527
408,296
65,266
total assets
2,951,960
2,929,847
3,411,778
3,436,374
3,298,381
2,836,295
2,746,775
2,397,728
2,213,041
2,156,732
2,028,162
1,860,475
1,839,434
1,790,865
1,436,869
Bank overdraft
Bank loan
Trade Creditors
94,730
95,250
627,935
690,045
608,013
692,374
692,092
684,193
669,276
688,069
677,973
654,350
650,023
609,774
Group/Directors Accounts
565,294
other short term finances
hp & lease commitments
other current liabilities
39,532
total current liabilities
94,730
95,250
627,935
690,045
608,013
692,374
692,092
684,193
669,276
688,069
677,973
654,350
650,023
609,774
604,826
loans
795,339
hp & lease commitments
Accruals and Deferred Income
1,500
1,200
other liabilities
1,975,732
2,010,490
2,043,933
2,076,936
2,109,013
1,619,339
1,619,339
1,329,339
1,229,339
1,229,339
1,165,418
1,079,912
1,096,930
1,113,338
provisions
total long term liabilities
1,975,732
2,010,490
2,043,933
2,076,936
2,109,013
1,620,839
1,619,339
1,330,539
1,229,339
1,229,339
1,165,418
1,079,912
1,096,930
1,113,338
795,339
total liabilities
2,070,462
2,105,740
2,671,868
2,766,981
2,717,026
2,313,213
2,311,431
2,014,732
1,898,615
1,917,408
1,843,391
1,734,262
1,746,953
1,723,112
1,400,165
net assets
881,498
824,107
739,910
669,393
581,355
523,082
435,344
382,996
314,426
239,324
184,771
126,213
92,481
67,753
36,704
total shareholders funds
881,498
824,107
739,910
669,393
581,355
523,082
435,344
382,996
314,426
239,324
184,771
126,213
92,481
67,753
36,704
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
76,521
103,947
87,058
108,689
71,942
108,319
101,372
85,110
93,129
68,454
75,682
43,751
31,912
67,800
51,959
Depreciation
Amortisation
Tax
-19,130
-19,750
-16,541
-20,651
-13,669
-20,581
-19,419
-17,142
-18,775
-14,501
-17,491
-10,652
-8,688
-12,075
-2,549
Stock
Debtors
22,113
-481,931
-24,596
137,993
462,086
89,520
672,876
-52,452
53,302
2,318
Creditors
-520
-532,685
-62,110
82,032
-84,361
282
7,899
14,917
-18,793
10,096
23,623
4,327
40,249
609,774
Accruals and Deferred Income
-1,500
1,500
-1,200
1,200
-39,532
39,532
Deferred Taxes & Provisions
Cash flow from operations
34,758
33,443
33,003
32,077
-489,674
-584,224
84,085
55,561
64,049
81,814
89,878
10,171
625,967
86,624
Investing Activities
capital expenditure
-9,476
-58,549
-67,216
-135,733
-211,850
-205,338
-10,966
-1,371,603
Change in Investments
cash flow from investments
-9,476
-58,549
-67,216
-135,733
-211,850
-205,338
-10,966
-1,371,603
Financing Activities
Bank loans
Group/Directors Accounts
-565,294
565,294
Other Short Term Loans
Long term loans
-795,339
795,339
Hire Purchase and Lease Commitments
other long term liabilities
-34,758
-33,443
-33,003
-32,077
489,674
290,000
100,000
63,921
85,506
-17,018
-16,408
1,113,338
share issue
-30,438
27,115
interest
833
602
749
601
368
634
1,505
-24,677
-39,821
cash flow from financing
-34,758
-33,443
-33,003
-32,077
489,674
260,395
100,602
749
64,522
85,874
-16,384
-14,903
-271,972
1,347,927
cash and cash equivalents
cash
-333,305
184,687
-2,240
61,354
31,954
-138,357
-210,071
343,030
62,948
overdraft
change in cash
-333,305
184,687
-2,240
61,354
31,954
-138,357
-210,071
343,030
62,948
michlo 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 michlo limited. Get real-time insights into michlo limited's credit score, group structure and payment trends.
Perform a competitor analysis for michlo limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in N 2 area or any other competitors across 12 key performance metrics.
michlo limited Ownership
MICHLO LIMITED group structure
Michlo Limited has no subsidiary companies.
Ultimate parent company
MICHLO LIMITED
05852835
MICHLO LIMITED Shareholders
The largest shareholders in Michlo Limited include Michael Doukaki and Loui Doukaki.
michael doukaki
33.33%
loui doukaki
33.33%
christopher doukaki
33.33%
michlo limited directors
Michlo Limited currently has 3 directors.
The longest serving directors include
Mr Michael Doukaki (Jun 2006) and
Mr Christopher Doukaki (Jan 2019).
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
June 2006
age
19
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
60 high road, london, N2 9PN
Bank
-
Legal Advisor
-
michlo 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 3 charges/mortgages relating to michlo limited. Currently there are 3 open charges and 0 have been satisfied in the past.
michlo 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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michlo limitedCompanies House Filings - See Documents
