myonex limited Company Information
Company Number
07393390
Website
www.myoderm.comRegistered Address
1 meer end, birstall, leicester, LE4 3EH
Industry
Other business support service activities n.e.c.
Telephone
01163033530
Next Accounts Due
33 days late
Group Structure
View All
Shareholders
myonex llc 100%
myonex limited Estimated Valuation
Pomanda estimates the enterprise value of MYONEX LIMITED at £70.6m based on a Turnover of £56.6m and 1.25x industry multiple (adjusted for size and gross margin).
myonex limited Estimated Valuation
Pomanda estimates the enterprise value of MYONEX LIMITED at £155.3m based on an EBITDA of £16.3m and a 9.54x industry multiple (adjusted for size and gross margin).
myonex limited Estimated Valuation
Pomanda estimates the enterprise value of MYONEX LIMITED at £73.9m based on Net Assets of £28.8m and 2.57x industry multiple (adjusted for liquidity).
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Myonex Limited Overview
Myonex Limited is a live company located in leicester, LE4 3EH with a Companies House number of 07393390. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2010, it's largest shareholder is myonex llc with a 100% stake. Myonex Limited is a established, large sized company, Pomanda has estimated its turnover at £56.6m with healthy growth in recent years.
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Myonex Limited Health Check
Pomanda's financial health check has awarded Myonex Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £56.6m, make it larger than the average company (£3.7m)
£56.6m - Myonex Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (3%)
11% - Myonex Limited
3% - Industry AVG
Production
with a gross margin of 37.7%, this company has a comparable cost of product (38.8%)
37.7% - Myonex Limited
38.8% - Industry AVG
Profitability
an operating margin of 28.4% make it more profitable than the average company (6.3%)
28.4% - Myonex Limited
6.3% - Industry AVG
Employees
with 60 employees, this is above the industry average (25)
60 - Myonex Limited
25 - Industry AVG
Pay Structure
on an average salary of £89.3k, the company has a higher pay structure (£50.4k)
£89.3k - Myonex Limited
£50.4k - Industry AVG
Efficiency
resulting in sales per employee of £942.9k, this is more efficient (£157.4k)
£942.9k - Myonex Limited
£157.4k - Industry AVG
Debtor Days
it gets paid by customers after 94 days, this is later than average (44 days)
94 days - Myonex Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (33 days)
3 days - Myonex Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (32 days)
4 days - Myonex Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (24 weeks)
13 weeks - Myonex Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.2%, this is a lower level of debt than the average (63.8%)
20.2% - Myonex Limited
63.8% - Industry AVG
MYONEX LIMITED financials
Myonex Limited's latest turnover from December 2022 is £56.6 million and the company has net assets of £28.8 million. According to their latest financial statements, Myonex Limited has 60 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 56,572,402 | 44,471,310 | 67,072,683 | 41,422,933 | 21,710,747 | 43,265,316 | 59,082,127 | 34,856,548 | 21,167,042 | 20,309,202 | 11,021,058 | 2,882,632 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 35,235,408 | 33,318,770 | 58,264,955 | 36,877,429 | 20,171,928 | 39,273,458 | 55,658,452 | 32,904,311 | 20,030,535 | 19,323,248 | 10,552,363 | 2,771,553 |
Gross Profit | 21,336,994 | 11,152,540 | 8,807,728 | 4,545,504 | 1,538,819 | 3,991,858 | 3,423,675 | 1,952,237 | 1,136,507 | 985,954 | 468,695 | 111,079 |
Admin Expenses | 5,292,729 | 4,711,773 | 4,605,161 | 2,797,174 | 1,786,701 | 1,886,955 | 838,916 | 330,926 | 512,185 | 298,327 | 201,674 | 38,905 |
Operating Profit | 16,044,265 | 6,440,767 | 4,202,567 | 1,748,330 | -247,882 | 2,104,903 | 2,584,759 | 1,621,311 | 624,322 | 687,627 | 267,021 | 72,174 |
Interest Payable | 19,886 | 21,029 | 5,435 | 75,438 | 87,783 | 80,597 | 7,202 | 0 | 0 | 0 | 0 | 0 |
Interest Receivable | 0 | 0 | 1,713 | 3,036 | 1,730 | 0 | 2,774 | 344 | 0 | 12 | 24 | 177 |
Pre-Tax Profit | 16,024,379 | 6,419,738 | 4,198,845 | 1,675,928 | -333,935 | 2,024,306 | 2,580,331 | 1,621,655 | 624,322 | 687,639 | 267,045 | 72,351 |
Tax | -3,049,260 | -1,224,517 | -873,030 | -330,875 | 59,880 | -397,917 | -504,572 | -377,018 | -119,743 | -160,251 | -63,240 | -15,844 |
Profit After Tax | 12,975,119 | 5,195,221 | 3,325,815 | 1,345,053 | -274,055 | 1,626,389 | 2,075,759 | 1,244,637 | 504,579 | 527,388 | 203,805 | 56,507 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 12,975,119 | 5,195,221 | 3,325,815 | 1,345,053 | -274,055 | 1,626,389 | 2,075,759 | 1,244,637 | 504,579 | 527,388 | 203,805 | 56,507 |
Employee Costs | 5,357,367 | 3,380,651 | 2,249,720 | 1,734,724 | 1,256,942 | 1,043,456 | 806,784 | 446,006 | ||||
Number Of Employees | 60 | 50 | 29 | 23 | 18 | 13 | 10 | 5 | 5 | |||
EBITDA* | 16,281,882 | 6,654,543 | 4,418,878 | 1,943,583 | -58,021 | 2,280,563 | 2,588,121 | 1,624,799 | 626,382 | 688,362 | 267,633 | 72,591 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 677,885 | 893,707 | 966,577 | 1,172,513 | 1,359,613 | 1,529,304 | 1,561,713 | 4,981 | 8,469 | 810 | 806 | 1,418 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 677,885 | 893,707 | 966,577 | 1,172,513 | 1,359,613 | 1,529,304 | 1,561,713 | 4,981 | 8,469 | 810 | 806 | 1,418 |
Stock & work in progress | 403,407 | 162,971 | 68,331 | 675,745 | 255,723 | 83,188 | 831,869 | 34,304 | 97,565 | 31,261 | 23,073 | 0 |
Trade Debtors | 14,702,337 | 13,173,565 | 3,840,440 | 14,320,001 | 5,010,792 | 2,452,416 | 7,508,461 | 1,649,658 | 3,454,750 | 469,394 | 3,405 | 0 |
Group Debtors | 18,223,069 | 16,325,632 | 7,179,414 | 0 | 0 | 0 | 0 | 907,659 | 0 | 0 | 0 | 29,947 |
Misc Debtors | 129,478 | 4,141,655 | 993,333 | 2,665,749 | 1,290,856 | 1,227,497 | 1,264,642 | 3,088,568 | 200,283 | 371,838 | 1,974,595 | 0 |
Cash | 1,944,852 | 3,567,851 | 2,541,432 | 1,215,171 | 2,943,447 | 7,174,226 | 5,675,148 | 4,357,532 | 622,582 | 411,703 | 567,740 | 70,712 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 35,403,143 | 37,371,674 | 14,622,950 | 18,876,666 | 9,500,818 | 10,937,327 | 15,280,120 | 10,037,721 | 4,375,180 | 1,284,196 | 2,568,813 | 100,659 |
total assets | 36,081,028 | 38,265,381 | 15,589,527 | 20,049,179 | 10,860,431 | 12,466,631 | 16,841,833 | 10,042,702 | 4,383,649 | 1,285,006 | 2,569,619 | 102,077 |
Bank overdraft | 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 |
Trade Creditors | 373,394 | 4,759,130 | 979,981 | 1,719,104 | 1,654,371 | 244,779 | 2,940,070 | 3,148,097 | 99,431 | 4,647 | 18,760 | 7,366 |
Group/Directors Accounts | 1,865,512 | 15,531,397 | 143,330 | 7,699,934 | 2,500,967 | 4,315,955 | 6,396,194 | 0 | 2,353,554 | 280,370 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 5,028,245 | 2,111,546 | 3,809,241 | 3,279,917 | 687,310 | 1,599,368 | 2,840,766 | 4,357,689 | 638,384 | 212,288 | 110,711 | 38,203 |
total current liabilities | 7,267,151 | 22,402,073 | 4,932,552 | 12,698,955 | 4,842,648 | 6,160,102 | 12,177,030 | 7,505,786 | 3,091,369 | 497,305 | 129,471 | 45,569 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,179,835 | 0 |
hp & lease commitments | 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 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 7,660 | 32,210 | 21,098 | 40,162 | 52,774 | 67,465 | 52,128 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 7,660 | 32,210 | 21,098 | 40,162 | 52,774 | 67,465 | 52,128 | 0 | 0 | 0 | 2,179,835 | 0 |
total liabilities | 7,274,811 | 22,434,283 | 4,953,650 | 12,739,117 | 4,895,422 | 6,227,567 | 12,229,158 | 7,505,786 | 3,091,369 | 497,305 | 2,309,306 | 45,569 |
net assets | 28,806,217 | 15,831,098 | 10,635,877 | 7,310,062 | 5,965,009 | 6,239,064 | 4,612,675 | 2,536,916 | 1,292,280 | 787,701 | 260,313 | 56,508 |
total shareholders funds | 28,806,217 | 15,831,098 | 10,635,877 | 7,310,062 | 5,965,009 | 6,239,064 | 4,612,675 | 2,536,916 | 1,292,280 | 787,701 | 260,313 | 56,508 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | 16,044,265 | 6,440,767 | 4,202,567 | 1,748,330 | -247,882 | 2,104,903 | 2,584,759 | 1,621,311 | 624,322 | 687,627 | 267,021 | 72,174 |
Depreciation | 237,617 | 213,776 | 216,311 | 195,253 | 189,861 | 175,660 | 3,362 | 3,488 | 2,060 | 735 | 612 | 417 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -3,049,260 | -1,224,517 | -873,030 | -330,875 | 59,880 | -397,917 | -504,572 | -377,018 | -119,743 | -160,251 | -63,240 | -15,844 |
Stock | 240,436 | 94,640 | -607,414 | 420,022 | 172,535 | -748,681 | 797,565 | -63,261 | 66,304 | 8,188 | 23,073 | 0 |
Debtors | -585,968 | 21,627,665 | -4,972,563 | 10,684,102 | 2,621,735 | -5,093,190 | 3,127,218 | 1,990,852 | 2,813,801 | -1,136,768 | 1,948,053 | 29,947 |
Creditors | -4,385,736 | 3,779,149 | -739,123 | 64,733 | 1,409,592 | -2,695,291 | -208,027 | 3,048,666 | 94,784 | -14,113 | 11,394 | 7,366 |
Accruals and Deferred Income | 2,916,699 | -1,697,695 | 529,324 | 2,592,607 | -912,058 | -1,241,398 | -1,516,923 | 3,719,305 | 426,096 | 101,577 | 72,508 | 38,203 |
Deferred Taxes & Provisions | -24,550 | 11,112 | -19,064 | -12,612 | -14,691 | 15,337 | 52,128 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 12,084,567 | -14,199,713 | 8,896,962 | -6,846,688 | -2,309,568 | 3,803,165 | -3,514,056 | 6,088,161 | -1,852,586 | 1,744,155 | -1,682,831 | 72,369 |
Investing Activities | ||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | -20,170 | -143,252 | -1,560,094 | 0 | ||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 | 0 | -20,170 | -143,252 | -1,560,094 | 0 | ||||
Financing Activities | ||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -13,665,885 | 15,388,067 | -7,556,604 | 5,198,967 | -1,814,988 | -2,080,239 | 6,396,194 | -2,353,554 | 2,073,184 | 280,370 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,179,835 | 2,179,835 | 0 |
Hire Purchase and Lease Commitments | 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 |
share issue | ||||||||||||
interest | -19,886 | -21,029 | -3,722 | -72,402 | -86,053 | -80,597 | -4,428 | 344 | 0 | 12 | 24 | 177 |
cash flow from financing | -13,685,771 | 15,367,038 | -7,560,326 | 5,126,565 | -1,901,041 | -2,160,836 | 6,391,766 | -2,353,211 | 2,073,184 | -1,899,453 | 2,179,859 | 178 |
cash and cash equivalents | ||||||||||||
cash | -1,622,999 | 1,026,419 | 1,326,261 | -1,728,276 | -4,230,779 | 1,499,078 | 1,317,616 | 3,734,950 | 210,879 | -156,037 | 497,028 | 70,712 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -1,622,999 | 1,026,419 | 1,326,261 | -1,728,276 | -4,230,779 | 1,499,078 | 1,317,616 | 3,734,950 | 210,879 | -156,037 | 497,028 | 70,712 |
myonex limited Credit Report and Business Information
Myonex Limited Competitor Analysis
Perform a competitor analysis for myonex limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in LE4 area or any other competitors across 12 key performance metrics.
myonex limited Ownership
MYONEX LIMITED group structure
Myonex Limited has no subsidiary companies.
Ultimate parent company
MYONEX INC
#0134779
1 parent
MYONEX LIMITED
07393390
myonex limited directors
Myonex Limited currently has 3 directors. The longest serving directors include Mr Michael Cohen (Oct 2010) and Mr James Lovett (Oct 2022).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Cohen | 54 years | Oct 2010 | - | Director | |
Mr James Lovett | 60 years | Oct 2022 | - | Director | |
Mr Gregory Lavin | 50 years | Oct 2022 | - | Director |
P&L
December 2022turnover
56.6m
+27%
operating profit
16m
+149%
gross margin
37.8%
+50.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
28.8m
+0.82%
total assets
36.1m
-0.06%
cash
1.9m
-0.45%
net assets
Total assets minus all liabilities
myonex limited company details
company number
07393390
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
September 2010
age
14
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
myoderm limited (September 2020)
accountant
-
auditor
MHA
address
1 meer end, birstall, leicester, LE4 3EH
Bank
-
Legal Advisor
-
myonex 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 6 charges/mortgages relating to myonex limited. Currently there are 4 open charges and 2 have been satisfied in the past.
myonex limited Companies House Filings - See Documents
date | description | view/download |
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