miura systems limited

miura systems limited Company Information

Share MIURA SYSTEMS LIMITED
Live 
EstablishedLargeLow

Company Number

06714257

Industry

Other manufacturing n.e.c.

 

Shareholders

enrique garrido

ti capital management llc

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Group Structure

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Contact

Registered Address

unit 3, cliveden office village, lancaster road, high wycombe, bucks, HP12 3YZ

miura systems limited Estimated Valuation

£24.1m

Pomanda estimates the enterprise value of MIURA SYSTEMS LIMITED at £24.1m based on a Turnover of £22.5m and 1.07x industry multiple (adjusted for size and gross margin).

miura systems limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of MIURA SYSTEMS LIMITED at £1.9m based on an EBITDA of £266k and a 7.22x industry multiple (adjusted for size and gross margin).

miura systems limited Estimated Valuation

£3.7m

Pomanda estimates the enterprise value of MIURA SYSTEMS LIMITED at £3.7m based on Net Assets of £1.6m and 2.24x industry multiple (adjusted for liquidity).

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Miura Systems Limited Overview

Miura Systems Limited is a live company located in high wycombe, HP12 3YZ with a Companies House number of 06714257. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in October 2008, it's largest shareholder is enrique garrido with a 58.3% stake. Miura Systems Limited is a established, large sized company, Pomanda has estimated its turnover at £22.5m with low growth in recent years.

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Miura Systems Limited Health Check

Pomanda's financial health check has awarded Miura Systems 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 £22.5m, make it larger than the average company (£14.2m)

£22.5m - Miura Systems Limited

£14.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.3%)

1% - Miura Systems Limited

6.3% - Industry AVG

production

Production

with a gross margin of 30.6%, this company has a comparable cost of product (30.2%)

30.6% - Miura Systems Limited

30.2% - Industry AVG

profitability

Profitability

an operating margin of -1.5% make it less profitable than the average company (6.4%)

-1.5% - Miura Systems Limited

6.4% - Industry AVG

employees

Employees

with 38 employees, this is below the industry average (70)

38 - Miura Systems Limited

70 - Industry AVG

paystructure

Pay Structure

on an average salary of £99.3k, the company has a higher pay structure (£42.6k)

£99.3k - Miura Systems Limited

£42.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £593.2k, this is more efficient (£185.9k)

£593.2k - Miura Systems Limited

£185.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 26 days, this is earlier than average (53 days)

26 days - Miura Systems Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 14 days, this is quicker than average (40 days)

14 days - Miura Systems Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 17 days, this is less than average (68 days)

17 days - Miura Systems Limited

68 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (12 weeks)

22 weeks - Miura Systems Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 81.1%, this is a higher level of debt than the average (47.6%)

81.1% - Miura Systems Limited

47.6% - Industry AVG

MIURA SYSTEMS LIMITED financials

EXPORTms excel logo

Miura Systems Limited's latest turnover from December 2023 is £22.5 million and the company has net assets of £1.6 million. According to their latest financial statements, Miura Systems Limited has 38 employees and maintains cash reserves of £2.9 million 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
Turnover22,541,79221,495,69013,542,66022,193,10825,826,01017,450,05518,317,43212,944,78328,566,14822,772,85312,364,6866,707,212913,349888,1190
Other Income Or Grants000000000000000
Cost Of Sales15,638,35915,389,13110,027,23514,088,13117,328,80612,851,00014,487,7749,195,84819,109,75916,848,2137,195,5794,601,182624,065606,1310
Gross Profit6,903,4336,106,5593,515,4258,104,9788,497,2044,599,0553,829,6583,748,9359,456,3895,924,6405,169,1072,106,030289,284281,9880
Admin Expenses7,232,8135,040,8495,277,3665,715,1646,538,6715,914,8115,320,4138,378,1537,682,3264,573,8132,301,3442,484,9581,370,3581,031,035-14,843
Operating Profit-329,3801,065,710-1,761,9412,389,8141,958,533-1,315,756-1,490,755-4,629,2181,774,0631,350,8272,867,763-378,928-1,081,074-749,04714,843
Interest Payable21478020,223258,673261,212267,849217,77954,0980034,2720000
Interest Receivable000000338,030000093461737357
Pre-Tax Profit-329,5941,064,930-1,782,1652,131,1411,697,321-1,583,606-1,370,503-4,791,1491,518,1951,350,8272,833,492-377,994-1,080,457-748,67414,900
Tax-168,461-437,088407,85975,15779,577487,918735,712790,557-50,48097,94313,726000-4,172
Profit After Tax-498,054627,842-1,374,3052,206,2981,776,898-1,095,688-634,791-4,000,5931,467,7151,448,7702,847,218-377,994-1,080,457-748,67410,728
Dividends Paid000000000285,09300000
Retained Profit-498,054627,842-1,374,3052,206,2981,776,898-1,095,688-634,791-4,000,5931,467,7151,163,6772,847,218-377,994-1,080,457-748,67410,728
Employee Costs3,774,3163,166,8634,107,3743,866,5493,626,5733,456,6672,984,3124,161,2113,595,0572,386,1072,824,8631,586,272219,149241,9010
Number Of Employees383332394038364834268950780
EBITDA*266,0221,270,709-1,598,5462,516,2582,132,039-1,077,767-1,284,980-4,423,4441,913,1551,421,8052,885,068-368,405-1,070,552-739,09714,918

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets297,77399,428183,922273,629207,635313,566267,679434,189579,469293,19082,93911,02221,54529,777265
Intangible Assets1,353,3581,779,201340,059330,44900000000000
Investments & Other000000000000000
Debtors (Due After 1 year)16,830468,25400846,1400000000000
Total Fixed Assets1,667,9612,346,884523,981604,0781,053,776313,566267,680434,189579,469293,19082,94011,02221,54529,777265
Stock & work in progress753,68440,829417,664295,866146,9501,137,9591,099,3212,335,749550,398292,140372,64916,409000
Trade Debtors1,641,4921,799,066933,3631,667,3261,349,8191,191,1622,068,448541,6703,633,2701,115,4191,167,2561,151,90225,072176,197825
Group Debtors000000000000000
Misc Debtors1,668,5721,855,0942,386,7331,515,911606,8532,106,9552,257,5201,562,950716,158856,7261,117,3710000
Cash2,929,7475,718,8934,061,3026,239,7956,534,2693,909,740777,980116,7043,194,9932,474,490356,129253,214120,324126,33022,780
misc current assets000000000000000
total current assets6,993,4969,413,8827,799,0639,718,8988,637,8938,345,8176,203,2694,557,0738,094,8214,738,7763,013,4051,421,525145,396302,52723,605
total assets8,661,45711,760,7668,323,04410,322,9779,691,6698,659,3836,470,9494,991,2638,674,2905,031,9663,096,3451,432,547166,941332,30423,870
Bank overdraft00000001,068,9090000000
Bank loan000000000000000
Trade Creditors 613,9343,573,8521,539,4871,767,7691,187,9182,435,7771,915,875387,2091,869,0321,514,5651,239,0002,032,679389,07998,98512,142
Group/Directors Accounts00803,827000000000000
other short term finances0003,324,3962,992,5403,334,9632,915,983890,7610000000
hp & lease commitments000000000000000
other current liabilities6,281,5386,014,3754,478,0952,279,9254,826,4424,102,4951,790,9472,238,4102,148,8321,656,1391,205,0430000
total current liabilities6,895,4739,588,2286,821,4097,372,0919,006,9019,873,2366,622,8074,585,2914,017,8653,170,7042,444,0442,032,679389,07998,98512,142
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000001,595,0001,595,000970,0000
provisions126,04647,94735,34735,98446,89955,512000000000
total long term liabilities126,04647,94835,34835,98446,90055,513000001,595,0001,595,000970,0000
total liabilities7,021,5199,636,1766,856,7577,408,0759,053,8019,928,7486,622,8074,585,2914,017,8653,170,7042,444,0443,627,6791,984,0791,068,98512,142
net assets1,639,9382,124,5901,466,2872,914,901637,867-1,269,365-151,858405,9724,656,4251,861,262652,301-2,195,132-1,817,138-736,68111,728
total shareholders funds1,639,9382,124,5901,466,2872,914,901637,867-1,269,365-151,858405,9724,656,4251,861,262652,301-2,195,132-1,817,138-736,68111,728
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-329,3801,065,710-1,761,9412,389,8141,958,533-1,315,756-1,490,755-4,629,2181,774,0631,350,8272,867,763-378,928-1,081,074-749,04714,843
Depreciation104,26193,809126,432126,444173,506237,989205,774205,774139,09270,97817,30410,52310,5229,95075
Amortisation491,141111,19036,963000000000000
Tax-168,461-437,088407,85975,15779,577487,918735,712790,557-50,48097,94313,726000-4,172
Stock712,856-376,835121,798148,915-991,00938,638-1,236,4281,785,350258,258-80,509356,24016,409000
Debtors-795,520802,318136,859380,424-495,304-1,027,8512,221,348-2,244,8092,377,284-312,4811,132,7241,126,830-151,125175,372825
Creditors-2,959,9182,034,366-228,282579,851-1,247,859519,9011,528,666-1,481,823354,468275,565-793,6791,643,600290,09486,84312,142
Accruals and Deferred Income267,1631,536,2802,198,170-2,546,517723,9472,311,548-447,46389,578492,693451,0961,205,0430000
Deferred Taxes & Provisions78,09912,600-637-10,915-8,61355,512000000000
Cash flow from operations-2,434,4313,991,384519,90784,4953,165,4043,286,325-452,986-4,565,67374,2942,639,3991,821,193131,956-629,333-827,62622,063
Investing Activities
capital expenditure00000-214,958-41,580-91,587-399,584380,852-89,2210-2,290-39,462-340
Change in Investments000000000000000
cash flow from investments00000-214,958-41,580-91,587-399,584380,852-89,2210-2,290-39,462-340
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0-803,827803,827000000000000
Other Short Term Loans 00-3,324,396331,856-342,423418,9802,025,222890,7610000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0000000000-1,595,0000625,000970,0000
share issue13,40230,461-74,30970,736130,335-21,81976,962-249,8601,327,44845,284215002651,000
interest-214-780-20,223-258,673-261,212-267,849120,251-54,09800-34,27293461737357
cash flow from financing13,188-774,146-2,615,101143,919-473,300129,3122,222,435586,8031,327,44845,284-1,629,057934625,617970,6381,057
cash and cash equivalents
cash-2,789,1451,657,590-2,178,493-294,4742,624,5293,131,760661,276-3,078,289720,5032,118,361102,915132,890-6,006103,55022,780
overdraft000000-1,068,9091,068,9090000000
change in cash-2,789,1451,657,590-2,178,493-294,4742,624,5293,131,7601,730,185-4,147,198720,5032,118,361102,915132,890-6,006103,55022,780

miura systems 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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Miura Systems Limited Competitor Analysis

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Perform a competitor analysis for miura systems limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in HP12 area or any other competitors across 12 key performance metrics.

miura systems limited Ownership

MIURA SYSTEMS LIMITED group structure

Miura Systems Limited has no subsidiary companies.

Ultimate parent company

MIURA SYSTEMS LIMITED

06714257

MIURA SYSTEMS LIMITED Shareholders

enrique garrido 58.31%
ti capital management llc 13.22%
stephen o'donovan 7.93%
andrew dark 4.37%
darren shaw 3.96%
stephen tapping 3.96%
twggp-risf l.p 2.52%
dfj esprit 2014 1 holding lp (guernsey) limited 2.52%
mnl nominees (draper esprit eis) limited 1.89%
david poole 1.34%

miura systems limited directors

Miura Systems Limited currently has 6 directors. The longest serving directors include Mr Enrique Garrido (Oct 2008) and Mr Andrew Dark (Sep 2012).

officercountryagestartendrole
Mr Enrique GarridoEngland75 years Oct 2008- Director
Mr Andrew Dark61 years Sep 2012- Director
Mr Olav OstinEngland55 years Apr 2015- Director
Mr Ziad GhandourEngland57 years Jun 2019- Director
Mr Oliver ArcherEngland51 years Nov 2020- Director
Mr Stephen O'DonovanUnited Kingdom50 years Nov 2023- Director

P&L

December 2023

turnover

22.5m

+5%

operating profit

-329.4k

-131%

gross margin

30.7%

+7.8%

turnover

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

Balance Sheet

December 2023

net assets

1.6m

-0.23%

total assets

8.7m

-0.26%

cash

2.9m

-0.49%

net assets

Total assets minus all liabilities

miura systems limited company details

company number

06714257

Type

Private limited with Share Capital

industry

32990 - Other manufacturing n.e.c.

incorporation date

October 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

GRANT THORNTON UK LLP

address

unit 3, cliveden office village, lancaster road, high wycombe, bucks, HP12 3YZ

Bank

-

Legal Advisor

-

miura systems 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 miura systems limited. Currently there are 0 open charges and 3 have been satisfied in the past.

miura systems 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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miura systems limited Companies House Filings - See Documents

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