horiba mira certification limitedEstimated Valuation
£264.9k
Pomanda estimates the enterprise value of HORIBA MIRA CERTIFICATION LIMITED at £264.9k based on a Turnover of £293k and 0.9x industry multiple (adjusted for size and gross margin).
horiba mira certification limitedEstimated Valuation
£325.1k
Pomanda estimates the enterprise value of HORIBA MIRA CERTIFICATION LIMITED at £325.1k based on an EBITDA of £77k and a 4.22x industry multiple (adjusted for size and gross margin).
horiba mira certification limitedEstimated Valuation
£199k
Pomanda estimates the enterprise value of HORIBA MIRA CERTIFICATION LIMITED at £199k based on Net Assets of £114k and 1.75x industry multiple (adjusted for liquidity).
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Horiba Mira Certification LimitedOverview
Horiba Mira Certification Limited is a live company located in nuneaton, CV10 0TU with a Companies House number of 07530871. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in February 2011, it's largest shareholder is
horiba mira ltd
with a 100% stake. Horiba Mira Certification Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£293k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Horiba Mira Certification Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
0 Regular
4 Weak
Size
annual sales of £293k, make it smaller than the average company (£4.3m)
£293k - Horiba Mira Certification Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 58%, show it is growing at a faster rate (6.7%)
58% - Horiba Mira Certification Limited
6.7% - Industry AVG
Production
with a gross margin of 33.8%, this company has a higher cost of product (46.9%)
33.8% - Horiba Mira Certification Limited
46.9% - Industry AVG
Profitability
an operating margin of 26.3% make it more profitable than the average company (3.6%)
26.3% - Horiba Mira Certification Limited
3.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (44)
2 - Horiba Mira Certification Limited
44 - Industry AVG
Pay Structure
on an average salary of £87k, the company has a higher pay structure (£64.5k)
£87k - Horiba Mira Certification Limited
£64.5k - Industry AVG
Efficiency
resulting in sales per employee of £146.5k, this is more efficient (£121.7k)
£146.5k - Horiba Mira Certification Limited
£121.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Horiba Mira Certification Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Horiba Mira Certification Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Horiba Mira Certification Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 289 weeks, this is more cash available to meet short term requirements (32 weeks)
289 weeks - Horiba Mira Certification Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18%, this is a lower level of debt than the average (44.4%)
18% - Horiba Mira Certification Limited
44.4% - Industry AVG
HORIBA MIRA CERTIFICATION LIMITED financials
EXPORT
Horiba Mira Certification Limited's latest turnover from December 2023 is £293 thousand and the company has net assets of £114 thousand. According to their latest financial statements, Horiba Mira Certification Limited has 2 employees and maintains cash reserves of £139 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
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
293,000
342,000
228,000
74,000
Other Income Or Grants
Cost Of Sales
194,000
265,000
175,000
54,000
Gross Profit
99,000
77,000
53,000
20,000
Admin Expenses
22,000
45,000
40,000
20,000
Operating Profit
77,000
32,000
13,000
Interest Payable
1,000
Interest Receivable
Pre-Tax Profit
77,000
31,000
13,000
1,080,000
-1,080,000
Tax
-7,000
Profit After Tax
77,000
24,000
13,000
1,080,000
-1,080,000
Dividends Paid
Retained Profit
77,000
24,000
13,000
1,080,000
-1,080,000
Employee Costs
174,000
96,000
89,000
43,000
Number Of Employees
2
1
1
1
1
1
1
1
1
1
1
1
1
EBITDA*
77,000
32,000
13,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
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
Intangible Assets
Investments & Other
1,820,000
34,000
40,000
53,000
124,000
928,000
778,000
89,000
Debtors (Due After 1 year)
Total Fixed Assets
1,820,000
34,000
40,000
53,000
124,000
928,000
778,000
89,000
Stock & work in progress
Trade Debtors
Group Debtors
14,000
1,000
144,000
Misc Debtors
Cash
139,000
139,000
1,000
1,000
misc current assets
total current assets
139,000
139,000
14,000
1,000
145,000
1,000
total assets
139,000
1,959,000
14,000
1,000
34,000
40,000
53,000
124,000
1,073,000
779,000
89,000
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
25,000
1,922,000
1,000
1,000
34,000
40,000
53,000
124,000
1,080,000
1,073,000
779,000
89,000
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
25,000
1,922,000
1,000
1,000
34,000
40,000
53,000
124,000
1,080,000
1,073,000
779,000
89,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
25,000
1,922,000
1,000
1,000
34,000
40,000
53,000
124,000
1,080,000
1,073,000
779,000
89,000
net assets
114,000
37,000
13,000
-1,080,000
total shareholders funds
114,000
37,000
13,000
-1,080,000
Dec 2023
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
77,000
32,000
13,000
Depreciation
Amortisation
Tax
-7,000
Stock
Debtors
-14,000
13,000
1,000
-144,000
144,000
Creditors
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
77,000
39,000
-1,000
144,000
-144,000
Investing Activities
capital expenditure
Change in Investments
-1,820,000
1,820,000
-34,000
-6,000
-13,000
-71,000
124,000
-928,000
150,000
689,000
89,000
cash flow from investments
1,820,000
-1,820,000
34,000
6,000
13,000
71,000
-124,000
928,000
-150,000
-689,000
-89,000
Financing Activities
Bank loans
Group/Directors Accounts
-1,897,000
1,921,000
1,000
-34,000
-6,000
-13,000
-71,000
-956,000
7,000
294,000
690,000
89,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
-1,000
cash flow from financing
-1,897,000
1,920,000
1,000
-34,000
-6,000
-13,000
-71,000
-956,000
7,000
294,000
690,000
89,000
cash and cash equivalents
cash
139,000
-1,000
1,000
overdraft
change in cash
139,000
-1,000
1,000
horiba mira certification limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for horiba mira certification limited. Get real-time insights into horiba mira certification limited's credit score, group structure and payment trends.
Horiba Mira Certification Limited Competitor Analysis
Perform a competitor analysis for horiba mira certification limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in CV10 area or any other competitors across 12 key performance metrics.
horiba mira certification limited Ownership
HORIBA MIRA CERTIFICATION LIMITED group structure
Horiba Mira Certification Limited has no subsidiary companies.
The sole shareholder of Horiba Mira Certification Limited is Horiba Mira Ltd.
horiba mira ltd
100%
horiba mira certification limited directors
Horiba Mira Certification Limited currently has 2 directors.
The longest serving directors include
Mr Stuart Knight (Jul 2020) and
Mr George Gillespie (Jul 2020).
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
February 2011
age
14
incorporated
UK
ultimate parent company
HORIBA LTD
accounts
Full Accounts
last accounts submitted
December 2023
previous names
mira int'l limited (July 2020)
accountant
-
auditor
GRANT THORNTON UK LLP
address
mira technology park ltd, watling street, nuneaton, warwickshire, CV10 0TU
Bank
-
Legal Advisor
-
horiba mira certification 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 horiba mira certification limited.
horiba mira certification 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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horiba mira certification limitedCompanies House Filings - See Documents
