miller inventory services ltd

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miller inventory services ltd Company Information

Share MILLER INVENTORY SERVICES LTD
Live 
EstablishedMicroDeclining

Company Number

06683095

Registered Address

office 36 28 old brompton road, london, SW7 3SS

Industry

Other personal service activities n.e.c.

 

Telephone

02087867866

Next Accounts Due

July 2025

Group Structure

View All

Directors

Delvin Biggs8 Years

Maggel Deetlefs7 Years

Shareholders

delvin biggs 60%

maggel detleefs 40%

miller inventory services ltd Estimated Valuation

£102.9k

Pomanda estimates the enterprise value of MILLER INVENTORY SERVICES LTD at £102.9k based on a Turnover of £207.5k and 0.5x industry multiple (adjusted for size and gross margin).

miller inventory services ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MILLER INVENTORY SERVICES LTD at £0 based on an EBITDA of £-11.2k and a 3.23x industry multiple (adjusted for size and gross margin).

miller inventory services ltd Estimated Valuation

£8.3k

Pomanda estimates the enterprise value of MILLER INVENTORY SERVICES LTD at £8.3k based on Net Assets of £4.1k and 2.03x industry multiple (adjusted for liquidity).

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Miller Inventory Services Ltd Overview

Miller Inventory Services Ltd is a live company located in london, SW7 3SS with a Companies House number of 06683095. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in August 2008, it's largest shareholder is delvin biggs with a 60% stake. Miller Inventory Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £207.5k with declining growth in recent years.

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Miller Inventory Services Ltd Health Check

Pomanda's financial health check has awarded Miller Inventory Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £207.5k, make it smaller than the average company (£864.2k)

£207.5k - Miller Inventory Services Ltd

£864.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (6.5%)

-1% - Miller Inventory Services Ltd

6.5% - Industry AVG

production

Production

with a gross margin of 20.8%, this company has a higher cost of product (41.4%)

20.8% - Miller Inventory Services Ltd

41.4% - Industry AVG

profitability

Profitability

an operating margin of -5.4% make it less profitable than the average company (6.4%)

-5.4% - Miller Inventory Services Ltd

6.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (14)

2 - Miller Inventory Services Ltd

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £30k, the company has an equivalent pay structure (£30k)

£30k - Miller Inventory Services Ltd

£30k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £103.8k, this is more efficient (£84.5k)

£103.8k - Miller Inventory Services Ltd

£84.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 113 days, this is later than average (28 days)

113 days - Miller Inventory Services Ltd

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 134 days, this is slower than average (39 days)

134 days - Miller Inventory Services Ltd

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Miller Inventory Services Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Miller Inventory Services Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 93.7%, this is a higher level of debt than the average (43.7%)

93.7% - Miller Inventory Services Ltd

43.7% - Industry AVG

MILLER INVENTORY SERVICES LTD financials

EXPORTms excel logo

Miller Inventory Services Ltd's latest turnover from October 2023 is estimated at £207.5 thousand and the company has net assets of £4.1 thousand. According to their latest financial statements, Miller Inventory Services Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover207,547170,321154,358217,143134,196255,447338,387149,398136,636111,34380,283105,53553,00349,1870
Other Income Or Grants000000000000000
Cost Of Sales164,465138,091126,340176,623108,013205,217269,109117,227107,57687,97463,05982,39041,22737,7460
Gross Profit43,08232,22928,01840,52026,18350,23069,27832,17129,06023,36917,22423,14511,77611,4410
Admin Expenses54,25232,78533,86814,04249,90066,01120,43748,19916,22616,38219,11830,46919,6727,170-19,560
Operating Profit-11,170-556-5,85026,478-23,717-15,78148,841-16,02812,8346,987-1,894-7,324-7,8964,27119,560
Interest Payable000000000000000
Interest Receivable0000000860443573555639
Pre-Tax Profit-11,170-556-5,85026,478-23,717-15,78148,841-16,02012,8947,030-1,859-7,251-7,8414,32619,599
Tax000-5,03100-9,2800-2,579-1,476000-1,211-5,488
Profit After Tax-11,170-556-5,85021,447-23,717-15,78139,561-16,02010,3155,554-1,859-7,251-7,8413,11514,111
Dividends Paid000000000000000
Retained Profit-11,170-556-5,85021,447-23,717-15,78139,561-16,02010,3155,554-1,859-7,251-7,8413,11514,111
Employee Costs59,90756,99855,66852,60553,10951,49973,80426,61628,75128,01127,58327,56127,30126,1700
Number Of Employees222222311111110
EBITDA*-11,170-556-5,85026,478-23,717-15,78148,841-16,02812,8747,2651,706-3,724-4,2967,87123,160

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets44066108092,5933,85546143779483400000
Intangible Assets000000000003,6007,20010,80014,400
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets44066108092,5933,85546143779483403,6007,20010,80014,400
Stock & work in progress000000000000000
Trade Debtors64,32558,27554,59272,56338,35462,06587,49632,24630,86620,57215,52519,1469,21510,9728,312
Group Debtors000000000000000
Misc Debtors000000000000000
Cash000000006,29517,510013,82415,2306,78615,505
misc current assets00000000004,3400000
total current assets64,32558,27554,59272,56338,35462,06587,49632,24637,16138,08219,86532,97024,44517,75823,817
total assets64,76558,93654,59273,37240,94765,92087,95732,68337,95538,91619,86536,57031,64528,55838,217
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 60,70743,70838,80851,73840,76042,01648,27232,55921,71132,98719,49034,33622,16011,23224,006
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities60,70743,70838,80851,73840,76042,01648,27232,55921,71132,98719,49034,33622,16011,23224,006
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities60,70743,70838,80851,73840,76042,01648,27232,55921,71132,98719,49034,33622,16011,23224,006
net assets4,05815,22815,78421,63418723,90439,68512416,2445,9293752,2349,48517,32614,211
total shareholders funds4,05815,22815,78421,63418723,90439,68512416,2445,9293752,2349,48517,32614,211
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-11,170-556-5,85026,478-23,717-15,78148,841-16,02812,8346,987-1,894-7,324-7,8964,27119,560
Depreciation000000004027800000
Amortisation00000000003,6003,6003,6003,6003,600
Tax000-5,03100-9,2800-2,579-1,476000-1,211-5,488
Stock000000000000000
Debtors6,0503,683-17,97134,209-23,711-25,43155,2501,38010,2945,047-3,6219,931-1,7572,6608,312
Creditors16,9994,900-12,93010,978-1,256-6,25615,71310,848-11,27613,497-14,84612,17610,928-12,77424,006
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-221661-809-1,784-1,2623,39424-6,560-11,27514,239-9,519-1,4798,389-8,77433,366
Investing Activities
capital expenditure221-6618091,7841,262-3,394-243570-1,1120000-18,000
Change in Investments000000000000000
cash flow from investments221-6618091,7841,262-3,394-243570-1,1120000-18,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000000-100000000100
interest0000000860443573555639
cash flow from financing0000000-92604435735556139
cash and cash equivalents
cash0000000-6,295-11,21517,510-13,824-1,4068,444-8,71915,505
overdraft000000000000000
change in cash0000000-6,295-11,21517,510-13,824-1,4068,444-8,71915,505

miller inventory services ltd 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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Miller Inventory Services Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for miller inventory services ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in SW7 area or any other competitors across 12 key performance metrics.

miller inventory services ltd Ownership

MILLER INVENTORY SERVICES LTD group structure

Miller Inventory Services Ltd has no subsidiary companies.

Ultimate parent company

MILLER INVENTORY SERVICES LTD

06683095

MILLER INVENTORY SERVICES LTD Shareholders

delvin biggs 60%
maggel detleefs 40%

miller inventory services ltd directors

Miller Inventory Services Ltd currently has 2 directors. The longest serving directors include Delvin Biggs (Nov 2016) and Maggel Deetlefs (Apr 2017).

officercountryagestartendrole
Delvin BiggsEngland50 years Nov 2016- Director
Maggel DeetlefsEngland51 years Apr 2017- Director

P&L

October 2023

turnover

207.5k

+22%

operating profit

-11.2k

0%

gross margin

20.8%

+9.7%

turnover

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

Balance Sheet

October 2023

net assets

4.1k

-0.73%

total assets

64.8k

+0.1%

cash

0

0%

net assets

Total assets minus all liabilities

miller inventory services ltd company details

company number

06683095

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

August 2008

age

16

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

capital miller inventories ltd (November 2008)

accountant

-

auditor

-

address

office 36 28 old brompton road, london, SW7 3SS

Bank

-

Legal Advisor

-

miller inventory services ltd 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 miller inventory services ltd.

charges

miller inventory services ltd Companies House Filings - See Documents

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