mi7 projects limited
mi7 projects limited Company Information
Company Number
06593042
Next Accounts
Nov 2025
Shareholders
mohammed ishtiaq
sahira ishtiaq
View AllGroup Structure
View All
Industry
Dormant Company
+1Registered Address
pegasus house 5 winckley court, mount street, preston, lancashire, PR1 8BU
Website
-mi7 projects limited Estimated Valuation
Pomanda estimates the enterprise value of MI7 PROJECTS LIMITED at £2.3m based on a Turnover of £2.5m and 0.9x industry multiple (adjusted for size and gross margin).
mi7 projects limited Estimated Valuation
Pomanda estimates the enterprise value of MI7 PROJECTS LIMITED at £2.1m based on an EBITDA of £694.8k and a 3.03x industry multiple (adjusted for size and gross margin).
mi7 projects limited Estimated Valuation
Pomanda estimates the enterprise value of MI7 PROJECTS LIMITED at £654.1k based on Net Assets of £554.8k and 1.18x industry multiple (adjusted for liquidity).
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Mi7 Projects Limited Overview
Mi7 Projects Limited is a live company located in preston, PR1 8BU with a Companies House number of 06593042. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in May 2008, it's largest shareholder is mohammed ishtiaq with a 60% stake. Mi7 Projects Limited is a established, small sized company, Pomanda has estimated its turnover at £2.5m with rapid growth in recent years.
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Mi7 Projects Limited Health Check
Pomanda's financial health check has awarded Mi7 Projects Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£4m)
- Mi7 Projects Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 345%, show it is growing at a faster rate (6.1%)
- Mi7 Projects Limited
6.1% - Industry AVG
Production
with a gross margin of 17.1%, this company has a higher cost of product (48.6%)
- Mi7 Projects Limited
48.6% - Industry AVG
Profitability
an operating margin of 27.6% make it more profitable than the average company (6.2%)
- Mi7 Projects Limited
6.2% - Industry AVG
Employees
with 9 employees, this is below the industry average (31)
- Mi7 Projects Limited
31 - Industry AVG
Pay Structure
on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)
- Mi7 Projects Limited
£40.7k - Industry AVG
Efficiency
resulting in sales per employee of £279.5k, this is more efficient (£140.6k)
- Mi7 Projects Limited
£140.6k - Industry AVG
Debtor Days
it gets paid by customers after 131 days, this is later than average (43 days)
- Mi7 Projects Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (37 days)
- Mi7 Projects Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mi7 Projects Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mi7 Projects Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.6%, this is a lower level of debt than the average (62.4%)
41.6% - Mi7 Projects Limited
62.4% - Industry AVG
MI7 PROJECTS LIMITED financials
Mi7 Projects Limited's latest turnover from February 2024 is estimated at £2.5 million and the company has net assets of £554.8 thousand. According to their latest financial statements, we estimate that Mi7 Projects Limited has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | 1 | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 46,464 | 350 | 523 | ||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 9,054 | 100 | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 46,464 | 350 | 523 | 9,054 | 100 | ||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 903,594 | 62,570 | 7,107 | ||||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 100 | ||||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 903,594 | 62,570 | 7,107 | 100 | |||||||||||
| total assets | 950,058 | 62,920 | 7,630 | 9,054 | 100 | 100 | |||||||||
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 395,282 | 29,220 | 7,280 | 3,230 | |||||||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 395,282 | 29,220 | 7,280 | 3,230 | |||||||||||
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 395,282 | 29,220 | 7,280 | 3,230 | |||||||||||
| net assets | 554,776 | 33,700 | 350 | 5,824 | 100 | 100 | |||||||||
| total shareholders funds | 554,776 | 33,700 | 350 | 5,824 | 100 | 100 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 841,024 | 55,463 | 7,107 | ||||||||||||
| Creditors | 366,062 | 21,940 | 4,050 | 3,230 | |||||||||||
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -9,054 | 8,954 | 100 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| 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 | -100 | 100 | |||||||||||||
| overdraft | |||||||||||||||
| change in cash | -100 | 100 |
mi7 projects limited Credit Report and Business Information
Mi7 Projects Limited Competitor Analysis
Perform a competitor analysis for mi7 projects limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in PR1 area or any other competitors across 12 key performance metrics.
mi7 projects limited Ownership
MI7 PROJECTS LIMITED group structure
Mi7 Projects Limited has no subsidiary companies.
Ultimate parent company
MI7 PROJECTS LIMITED
06593042
mi7 projects limited directors
Mi7 Projects Limited currently has 2 directors. The longest serving directors include Mr Mohammed Ishtiaq (May 2008) and Sahira Ishtiaq (Sep 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammed Ishtiaq | 69 years | May 2008 | - | Director | |
| Sahira Ishtiaq | 68 years | Sep 2013 | - | Director |
P&L
February 2024turnover
2.5m
+1467%
operating profit
694.8k
0%
gross margin
17.2%
-5.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
554.8k
+15.46%
total assets
950.1k
+14.1%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
mi7 projects limited company details
company number
06593042
Type
Private limited with Share Capital
industry
99999 - Dormant Company
68320 - Management of real estate on a fee or contract basis
incorporation date
May 2008
age
17
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
m17 projects ltd (July 2008)
accountant
-
auditor
-
address
pegasus house 5 winckley court, mount street, preston, lancashire, PR1 8BU
Bank
-
Legal Advisor
-
mi7 projects 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 2 charges/mortgages relating to mi7 projects limited. Currently there are 2 open charges and 0 have been satisfied in the past.
mi7 projects 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.
Click to start generating capital raising & share issue transactions for MI7 PROJECTS LIMITED. This can take several minutes, an email will notify you when this has completed.
mi7 projects limited Companies House Filings - See Documents
| date | description | view/download |
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