min rasy projects limited
min rasy projects limited Company Information
Company Number
07402608
Registered Address
71 queen victoria street, london, EC4V 4BE
Industry
Non-trading company
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
samer ghalib younis 100%
min rasy projects limited Estimated Valuation
Pomanda estimates the enterprise value of MIN RASY PROJECTS LIMITED at £52.6k based on a Turnover of £141.2k and 0.37x industry multiple (adjusted for size and gross margin).
min rasy projects limited Estimated Valuation
Pomanda estimates the enterprise value of MIN RASY PROJECTS LIMITED at £0 based on an EBITDA of £-1.5k and a 3.13x industry multiple (adjusted for size and gross margin).
min rasy projects limited Estimated Valuation
Pomanda estimates the enterprise value of MIN RASY PROJECTS LIMITED at £0 based on Net Assets of £-92.4k and 1.96x industry multiple (adjusted for liquidity).
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Min Rasy Projects Limited Overview
Min Rasy Projects Limited is a live company located in london, EC4V 4BE with a Companies House number of 07402608. It operates in the non-trading company sector, SIC Code 74990. Founded in October 2010, it's largest shareholder is samer ghalib younis with a 100% stake. Min Rasy Projects Limited is a established, micro sized company, Pomanda has estimated its turnover at £141.2k with declining growth in recent years.
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Min Rasy Projects Limited Health Check
Pomanda's financial health check has awarded Min Rasy Projects Limited a 1.5 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £141.2k, make it smaller than the average company (£3.4m)
- Min Rasy Projects Limited
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (5.2%)
- Min Rasy Projects Limited
5.2% - Industry AVG
Production
with a gross margin of 19.4%, this company has a higher cost of product (35.4%)
- Min Rasy Projects Limited
35.4% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (4.9%)
- Min Rasy Projects Limited
4.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (40)
2 - Min Rasy Projects Limited
40 - Industry AVG
Pay Structure
on an average salary of £40k, the company has an equivalent pay structure (£40k)
- Min Rasy Projects Limited
£40k - Industry AVG
Efficiency
resulting in sales per employee of £70.6k, this is less efficient (£149.9k)
- Min Rasy Projects Limited
£149.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (41 days)
- Min Rasy Projects Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 315 days, this is slower than average (41 days)
- Min Rasy Projects Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Min Rasy Projects Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Min Rasy Projects Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1650.1%, this is a higher level of debt than the average (43.4%)
1650.1% - Min Rasy Projects Limited
43.4% - Industry AVG
MIN RASY PROJECTS LIMITED financials
Min Rasy Projects Limited's latest turnover from September 2023 is estimated at £141.2 thousand and the company has net assets of -£92.4 thousand. According to their latest financial statements, Min Rasy Projects Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,750 | 5,750 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,750 | 5,750 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,750 | 5,750 | 5,750 | 0 | 0 | 0 |
| Trade Debtors | 213 | 508 | 5,836 | 6,900 | 6,899 | 8,511 | 19,761 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 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 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34,802 | 149 | 3,888 | 3,606 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 213 | 508 | 5,836 | 6,900 | 6,899 | 8,511 | 19,761 | 40,552 | 5,899 | 9,638 | 3,606 | 0 | 0 |
| total assets | 5,963 | 6,258 | 5,836 | 6,900 | 6,899 | 8,511 | 19,761 | 40,552 | 5,899 | 9,638 | 3,606 | 0 | 0 |
| Bank overdraft | 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 |
| Trade Creditors | 98,397 | 97,196 | 95,046 | 95,045 | 94,039 | 93,039 | 104,128 | 92,889 | 30,695 | 30,095 | 5,500 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 98,397 | 97,196 | 95,046 | 95,045 | 94,039 | 93,039 | 104,128 | 92,889 | 30,695 | 30,095 | 5,500 | 0 | 0 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 98,397 | 97,196 | 95,046 | 95,045 | 94,039 | 93,039 | 104,128 | 92,889 | 30,695 | 30,095 | 5,500 | 0 | 0 |
| net assets | -92,434 | -90,938 | -89,210 | -88,145 | -87,140 | -84,528 | -84,367 | -52,337 | -24,796 | -20,457 | -1,894 | 0 | 0 |
| total shareholders funds | -92,434 | -90,938 | -89,210 | -88,145 | -87,140 | -84,528 | -84,367 | -52,337 | -24,796 | -20,457 | -1,894 | 0 | 0 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -5,750 | 0 | 0 | 5,750 | 0 | 0 | 0 |
| Debtors | -295 | -5,328 | -1,064 | 1 | -1,612 | -11,250 | 19,761 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 1,201 | 2,150 | 1 | 1,006 | 1,000 | -11,089 | 11,239 | 62,194 | 600 | 24,595 | 5,500 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -34,802 | 34,653 | -3,739 | 282 | 3,606 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -34,802 | 34,653 | -3,739 | 282 | 3,606 | 0 | 0 |
min rasy projects limited Credit Report and Business Information
Min Rasy Projects Limited Competitor Analysis
Perform a competitor analysis for min rasy projects limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
min rasy projects limited Ownership
MIN RASY PROJECTS LIMITED group structure
Min Rasy Projects Limited has no subsidiary companies.
Ultimate parent company
MIN RASY PROJECTS LIMITED
07402608
min rasy projects limited directors
Min Rasy Projects Limited currently has 2 directors. The longest serving directors include Mr Samer Younis (Oct 2010) and Rana Sadik (Jun 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Samer Younis | 62 years | Oct 2010 | - | Director | |
| Rana Sadik | England | 52 years | Jun 2012 | - | Director |
P&L
September 2023turnover
141.2k
+5%
operating profit
-1.5k
0%
gross margin
19.4%
+11.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-92.4k
+0.02%
total assets
6k
-0.05%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
min rasy projects limited company details
company number
07402608
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
October 2010
age
14
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
71 queen victoria street, london, EC4V 4BE
last accounts submitted
September 2023
min rasy 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 did not find charges/mortgages relating to min rasy projects limited.
min rasy projects limited Companies House Filings - See Documents
| date | description | view/download |
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