miark limited
miark limited Company Information
Company Number
06856548
Website
-Registered Address
9 bunbury avenue, hall park great barton, bury st edmunds, suffolk, IP31 2SZ
Industry
Renting and operating of Housing Association real estate
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Raimondo Virciglio15 Years
Shareholders
raimondo virciglio 24%
lynn christine virciglio 19%
View Allmiark limited Estimated Valuation
Pomanda estimates the enterprise value of MIARK LIMITED at £677.8k based on a Turnover of £196.9k and 3.44x industry multiple (adjusted for size and gross margin).
miark limited Estimated Valuation
Pomanda estimates the enterprise value of MIARK LIMITED at £186.3k based on an EBITDA of £28.7k and a 6.49x industry multiple (adjusted for size and gross margin).
miark limited Estimated Valuation
Pomanda estimates the enterprise value of MIARK LIMITED at £859k based on Net Assets of £543.9k and 1.58x industry multiple (adjusted for liquidity).
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Miark Limited Overview
Miark Limited is a live company located in bury st edmunds, IP31 2SZ with a Companies House number of 06856548. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2009, it's largest shareholder is raimondo virciglio with a 24% stake. Miark Limited is a established, micro sized company, Pomanda has estimated its turnover at £196.9k with unknown growth in recent years.
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Miark Limited Health Check
Pomanda's financial health check has awarded Miark Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £196.9k, make it smaller than the average company (£1.3m)
- Miark Limited
£1.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Miark Limited
- - Industry AVG
Production
with a gross margin of 65.8%, this company has a comparable cost of product (65.8%)
- Miark Limited
65.8% - Industry AVG
Profitability
an operating margin of 14.5% make it less profitable than the average company (24.6%)
- Miark Limited
24.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
- Miark Limited
7 - Industry AVG
Pay Structure
on an average salary of £33.3k, the company has an equivalent pay structure (£33.3k)
- Miark Limited
£33.3k - Industry AVG
Efficiency
resulting in sales per employee of £98.5k, this is less efficient (£158.6k)
- Miark Limited
£158.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Miark Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Miark Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 911 days, this is more than average (112 days)
- Miark Limited
112 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (21 weeks)
0 weeks - Miark Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.1%, this is a similar level of debt than the average (63.4%)
68.1% - Miark Limited
63.4% - Industry AVG
MIARK LIMITED financials
Miark Limited's latest turnover from March 2023 is estimated at £196.9 thousand and the company has net assets of £543.9 thousand. According to their latest financial statements, we estimate that Miark Limited has 2 employees and maintains cash reserves of £15.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | ||||||||||||||
| 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 | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 1,523,010 | 1,523,133 | 1,350,869 | 1,346,061 | 1,332,552 | 390 | 520 | 694 | 925 | 1,233 | 1,644 | 2,192 | 2,922 | 3,896 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 1,301,937 | 1,170,142 | 406,311 | 380,000 | 367,350 | 347,350 | 150,000 | 150,000 | 160,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,523,010 | 1,523,133 | 1,350,869 | 1,346,061 | 1,332,552 | 1,302,327 | 1,170,662 | 407,005 | 380,925 | 368,583 | 348,994 | 152,192 | 152,922 | 163,896 |
| Stock & work in progress | 168,318 | 97,125 | 0 | 0 | 0 | 0 | 0 | 220,000 | 220,000 | 220,000 | 220,000 | 407,350 | 533,371 | 479,435 |
| Trade Debtors | 0 | 0 | 0 | 0 | 677 | 656 | 0 | 0 | 0 | 0 | 0 | 23 | 63 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 15,501 | 22,084 | 29,428 | 10,516 | 12,472 | 26,931 | 11,750 | 3,413 | 4,617 | 4,650 | 38,974 | 102,393 | 25,122 | 24,241 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 183,819 | 119,209 | 29,428 | 10,516 | 13,149 | 27,587 | 11,750 | 223,413 | 224,617 | 224,650 | 258,974 | 509,766 | 558,556 | 503,676 |
| total assets | 1,706,829 | 1,642,342 | 1,380,297 | 1,356,577 | 1,345,701 | 1,329,914 | 1,182,412 | 630,418 | 605,542 | 593,233 | 607,968 | 661,958 | 711,478 | 667,572 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 10,470 | 946,594 | 0 | 0 | 588,350 | 582,182 | 625,271 | 2,189 | 2,130 | 2,649 |
| Group/Directors Accounts | 1,092,040 | 1,055,730 | 960,386 | 959,066 | 944,056 | 0 | 946,168 | 590,064 | 0 | 0 | 0 | 687,848 | 737,744 | 667,639 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,615 | 1,254 | 0 | 1,000 | 924 | 0 | 1,080 | 1,558 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,097,655 | 1,056,984 | 960,386 | 960,066 | 955,450 | 946,594 | 947,248 | 591,622 | 588,350 | 582,182 | 625,271 | 690,037 | 739,874 | 670,288 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 65,305 | 65,305 | 65,305 | 65,305 | 64,089 | 62,747 | 104 | 139 | 185 | 247 | 329 | 438 | 584 | 779 |
| total long term liabilities | 65,305 | 65,305 | 65,305 | 65,305 | 64,089 | 62,747 | 104 | 139 | 185 | 247 | 329 | 438 | 584 | 779 |
| total liabilities | 1,162,960 | 1,122,289 | 1,025,691 | 1,025,371 | 1,019,539 | 1,009,341 | 947,352 | 591,761 | 588,535 | 582,429 | 625,600 | 690,475 | 740,458 | 671,067 |
| net assets | 543,869 | 520,053 | 354,606 | 331,206 | 326,162 | 320,573 | 235,060 | 38,657 | 17,007 | 10,804 | -17,632 | -28,517 | -28,980 | -3,495 |
| total shareholders funds | 543,869 | 520,053 | 354,606 | 331,206 | 326,162 | 320,573 | 235,060 | 38,657 | 17,007 | 10,804 | -17,632 | -28,517 | -28,980 | -3,495 |
| 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 | ||||||||||||||
| Depreciation | 123 | 41 | 55 | 73 | 130 | 174 | 231 | 308 | 411 | 548 | 730 | 974 | 1,158 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||||||
| Stock | 71,193 | 97,125 | 0 | 0 | 0 | 0 | -220,000 | 0 | 0 | 0 | -187,350 | -126,021 | 53,936 | 479,435 |
| Debtors | 0 | 0 | 0 | -677 | 21 | 656 | 0 | 0 | 0 | 0 | -23 | -40 | 63 | 0 |
| Creditors | 0 | 0 | 0 | -10,470 | -936,124 | 946,594 | 0 | -588,350 | 6,168 | -43,089 | 623,082 | 59 | -519 | 2,649 |
| Accruals and Deferred Income | 4,361 | 1,254 | -1,000 | 76 | 924 | -1,080 | -478 | 1,558 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 1,216 | 1,342 | 62,643 | -35 | -46 | -62 | -82 | -109 | -146 | -195 | 779 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -1,301,937 | 131,795 | 763,831 | 26,311 | 12,650 | 20,000 | 197,350 | 0 | -10,000 | 160,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 36,310 | 95,344 | 1,320 | 15,010 | 944,056 | -946,168 | 356,104 | 590,064 | 0 | 0 | -687,848 | -49,896 | 70,105 | 667,639 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -6,583 | -7,344 | 18,912 | -1,956 | -14,459 | 15,181 | 8,337 | -1,204 | -33 | -34,324 | -63,419 | 77,271 | 881 | 24,241 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -6,583 | -7,344 | 18,912 | -1,956 | -14,459 | 15,181 | 8,337 | -1,204 | -33 | -34,324 | -63,419 | 77,271 | 881 | 24,241 |
miark limited Credit Report and Business Information
Miark Limited Competitor Analysis
Perform a competitor analysis for miark limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
miark limited Ownership
MIARK LIMITED group structure
Miark Limited has no subsidiary companies.
Ultimate parent company
MIARK LIMITED
06856548
miark limited directors
Miark Limited currently has 1 director, Mr Raimondo Virciglio serving since Mar 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Raimondo Virciglio | England | 72 years | Mar 2009 | - | Director |
P&L
March 2023turnover
196.9k
+30%
operating profit
28.6k
0%
gross margin
65.8%
+0.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
543.9k
+0.05%
total assets
1.7m
+0.04%
cash
15.5k
-0.3%
net assets
Total assets minus all liabilities
Similar Companies
miark limited company details
company number
06856548
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
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
March 2009
age
15
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
9 bunbury avenue, hall park great barton, bury st edmunds, suffolk, IP31 2SZ
last accounts submitted
March 2023
miark 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 miark limited.
miark limited Companies House Filings - See Documents
| date | description | view/download |
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