mictec ltd
mictec ltd Company Information
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
1 bourne way, sutton, surrey, SM1 2EN
Website
www.mictec.co.ukmictec ltd Estimated Valuation
Pomanda estimates the enterprise value of MICTEC LTD at £71.5k based on a Turnover of £177.9k and 0.4x industry multiple (adjusted for size and gross margin).
mictec ltd Estimated Valuation
Pomanda estimates the enterprise value of MICTEC LTD at £0 based on an EBITDA of £-4.9k and a 2.89x industry multiple (adjusted for size and gross margin).
mictec ltd Estimated Valuation
Pomanda estimates the enterprise value of MICTEC LTD at £243.5k based on Net Assets of £106.1k and 2.3x industry multiple (adjusted for liquidity).
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Mictec Ltd Overview
Mictec Ltd is a live company located in surrey, SM1 2EN with a Companies House number of 07868108. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2011, it's largest shareholder is michal zyzman with a 100% stake. Mictec Ltd is a established, micro sized company, Pomanda has estimated its turnover at £177.9k with low growth in recent years.
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Mictec Ltd Health Check
Pomanda's financial health check has awarded Mictec Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £177.9k, make it smaller than the average company (£4.8m)
- Mictec Ltd
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6.7%)
- Mictec Ltd
6.7% - Industry AVG
Production
with a gross margin of 16.9%, this company has a higher cost of product (38.1%)
- Mictec Ltd
38.1% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (5.7%)
- Mictec Ltd
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (27)
2 - Mictec Ltd
27 - Industry AVG
Pay Structure
on an average salary of £53.9k, the company has an equivalent pay structure (£53.9k)
- Mictec Ltd
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £89k, this is less efficient (£171.5k)
- Mictec Ltd
£171.5k - Industry AVG
Debtor Days
it gets paid by customers after 135 days, this is later than average (42 days)
- Mictec Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (32 days)
- Mictec Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mictec Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mictec Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.1%, this is a lower level of debt than the average (62.5%)
7.1% - Mictec Ltd
62.5% - Industry AVG
MICTEC LTD financials
Mictec Ltd's latest turnover from December 2023 is estimated at £177.9 thousand and the company has net assets of £106.1 thousand. According to their latest financial statements, Mictec Ltd has 2 employees and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 79,203 | |||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 8,721 | |||||||||||
| Gross Profit | 70,482 | |||||||||||
| Admin Expenses | 70,482 | |||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | 51,111 | |||||||||||
| Tax | -7,727 | |||||||||||
| Profit After Tax | 43,384 | |||||||||||
| Dividends Paid | 25,000 | |||||||||||
| Retained Profit | 18,384 | |||||||||||
| Employee Costs | 8,157 | |||||||||||
| Number Of Employees | 2 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* | 3,119 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 47,941 | 9,438 | 12,123 | 14,800 | 3,521 | 5,522 | 5,286 | 2,095 | 5,813 | 6,238 | 9,357 | 12,476 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 47,941 | 9,438 | 12,123 | 14,800 | 3,521 | 5,522 | 5,286 | 2,095 | 5,813 | 6,238 | 9,357 | 12,476 |
| Stock & work in progress | ||||||||||||
| Trade Debtors | 66,279 | 121,516 | 112,131 | 71,656 | 49,181 | 40,299 | 14,100 | 2,200 | 1,749 | |||
| Group Debtors | ||||||||||||
| Misc Debtors | ||||||||||||
| Cash | 9,016 | 23,308 | 19,919 | 18,625 | 17,410 | |||||||
| misc current assets | ||||||||||||
| total current assets | 66,279 | 121,516 | 112,131 | 71,656 | 49,181 | 40,299 | 14,100 | 9,016 | 23,308 | 19,919 | 20,825 | 19,159 |
| total assets | 114,220 | 130,954 | 124,254 | 86,456 | 52,702 | 45,821 | 19,386 | 11,111 | 29,121 | 26,157 | 30,182 | 31,635 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 8,105 | 19,967 | 28,754 | 21,366 | 14,335 | 18,442 | 9,443 | 9,316 | 12,288 | 1,999 | 11,698 | 5,425 |
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | ||||||||||||
| total current liabilities | 8,105 | 19,967 | 28,754 | 21,366 | 14,335 | 18,442 | 9,443 | 9,316 | 12,288 | 1,999 | 11,698 | 5,425 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | 9,359 | 7,727 | ||||||||||
| total long term liabilities | 9,359 | 7,727 | ||||||||||
| total liabilities | 8,105 | 19,967 | 28,754 | 21,366 | 14,335 | 18,442 | 9,443 | 9,316 | 12,288 | 11,358 | 11,698 | 13,152 |
| net assets | 106,115 | 110,987 | 95,500 | 65,090 | 38,367 | 27,379 | 9,943 | 1,795 | 16,833 | 14,799 | 18,484 | 18,483 |
| total shareholders funds | 106,115 | 110,987 | 95,500 | 65,090 | 38,367 | 27,379 | 9,943 | 1,795 | 16,833 | 14,799 | 18,484 | 18,483 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 3,421 | 3,119 | 3,119 | 3,119 | ||||||||
| Amortisation | ||||||||||||
| Tax | -7,727 | |||||||||||
| Stock | ||||||||||||
| Debtors | -55,237 | 9,385 | 40,475 | 22,475 | 8,882 | 26,199 | 14,100 | -2,200 | 451 | 1,749 | ||
| Creditors | -11,862 | -8,787 | 7,388 | 7,031 | -4,107 | 8,999 | 127 | -2,972 | 10,289 | -9,699 | 6,273 | 5,425 |
| Accruals and Deferred Income | ||||||||||||
| Deferred Taxes & Provisions | -9,359 | 9,359 | -7,727 | 7,727 | ||||||||
| Cash flow from operations | 6,795 | |||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | 99 | |||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -9,016 | -14,292 | 3,389 | 1,294 | 1,215 | 17,410 | ||||||
| overdraft | ||||||||||||
| change in cash | -9,016 | -14,292 | 3,389 | 1,294 | 1,215 | 17,410 |
mictec ltd Credit Report and Business Information
Mictec Ltd Competitor Analysis
Perform a competitor analysis for mictec ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in SM1 area or any other competitors across 12 key performance metrics.
mictec ltd Ownership
MICTEC LTD group structure
Mictec Ltd has no subsidiary companies.
Ultimate parent company
MICTEC LTD
07868108
mictec ltd directors
Mictec Ltd currently has 1 director, Mr Michal Zyzman serving since Dec 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michal Zyzman | United Kingdom | 47 years | Dec 2011 | - | Director |
P&L
December 2023turnover
177.9k
-30%
operating profit
-4.9k
0%
gross margin
17%
-0.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
106.1k
-0.04%
total assets
114.2k
-0.13%
cash
0
0%
net assets
Total assets minus all liabilities
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mictec ltd company details
company number
07868108
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
December 2011
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
1 bourne way, sutton, surrey, SM1 2EN
Bank
-
Legal Advisor
-
mictec ltd 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 mictec ltd.
mictec ltd 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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mictec ltd Companies House Filings - See Documents
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