myr art ltd

Dissolved 

myr art ltd Company Information

Share MYR ART LTD

Company Number

08087986

Directors

Emma Myr

Shareholders

emma myr

Group Structure

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Industry

Artistic creation

 

Registered Address

85 hook road, epsom, KT19 8TP

myr art ltd Estimated Valuation

£16.5k

Pomanda estimates the enterprise value of MYR ART LTD at £16.5k based on a Turnover of £35.8k and 0.46x industry multiple (adjusted for size and gross margin).

myr art ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MYR ART LTD at £0 based on an EBITDA of £-23.5k and a 6.52x industry multiple (adjusted for size and gross margin).

myr art ltd Estimated Valuation

£16.3k

Pomanda estimates the enterprise value of MYR ART LTD at £16.3k based on Net Assets of £17.7k and 0.92x industry multiple (adjusted for liquidity).

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Myr Art Ltd Overview

Myr Art Ltd is a dissolved company that was located in epsom, KT19 8TP with a Companies House number of 08087986. It operated in the artistic creation sector, SIC Code 90030. Founded in May 2012, it's largest shareholder was emma myr with a 100% stake. The last turnover for Myr Art Ltd was estimated at £35.8k.

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Myr Art Ltd Health Check

Pomanda's financial health check has awarded Myr Art Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £35.8k, make it smaller than the average company (£283.3k)

£35.8k - Myr Art Ltd

£283.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -66%, show it is growing at a slower rate (-1.4%)

-66% - Myr Art Ltd

-1.4% - Industry AVG

production

Production

with a gross margin of 58.5%, this company has a comparable cost of product (58.5%)

58.5% - Myr Art Ltd

58.5% - Industry AVG

profitability

Profitability

an operating margin of -72.7% make it less profitable than the average company (6.8%)

-72.7% - Myr Art Ltd

6.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

1 - Myr Art Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.8k, the company has an equivalent pay structure (£26.8k)

£26.8k - Myr Art Ltd

£26.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £35.8k, this is less efficient (£67k)

£35.8k - Myr Art Ltd

£67k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (14 days)

1 days - Myr Art Ltd

14 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Myr Art Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Myr Art Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 270 weeks, this is more cash available to meet short term requirements (113 weeks)

270 weeks - Myr Art Ltd

113 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 11.1%, this is a lower level of debt than the average (31.7%)

11.1% - Myr Art Ltd

31.7% - Industry AVG

MYR ART LTD financials

EXPORTms excel logo

Myr Art Ltd's latest turnover from May 2021 is estimated at £35.8 thousand and the company has net assets of £17.7 thousand. According to their latest financial statements, Myr Art Ltd has 1 employee and maintains cash reserves of £11.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013
Turnover35,75137,68847,383878,275128,745146,62726,58751,75024,743
Other Income Or Grants
Cost Of Sales14,82215,17018,752380,56352,30166,06611,61120,70310,236
Gross Profit20,92922,51828,631497,71276,44480,56014,97631,04614,507
Admin Expenses46,92748,28333,139415,17768,74080,54415,09130,67214,507
Operating Profit-25,998-25,765-4,50882,5357,70416-115374
Interest Payable
Interest Receivable2266374705657152
Pre-Tax Profit-25,976-25,699-4,13482,6057,76073-100376
Tax-15,695-1,474-14-79
Profit After Tax-25,976-25,699-4,13466,9106,28658-100297
Dividends Paid
Retained Profit-25,976-25,699-4,13466,9106,28658-100297
Employee Costs26,81925,77625,05751,68425,35953,46527,27027,91827,417
Number Of Employees111212111
EBITDA*-23,498-23,265-4,50882,5357,70416-115374

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013
Tangible Assets5,0007,50010,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets5,0007,50010,000
Stock & work in progress
Trade Debtors167167699104,9839,8988,2571,5843,8472,038
Group Debtors
Misc Debtors
Cash11,48933,20199,67528,09717,0285,61355574
misc current assets3,2923,042299299
total current assets14,94836,410100,673104,98338,29425,2857,1974,4022,112
total assets19,94843,910110,673104,98338,29425,2857,1974,4022,112
Bank overdraft
Bank loan
Trade Creditors 31,5326,9004,0052,012
Group/Directors Accounts2,206192
other short term finances
hp & lease commitments
other current liabilities25,40831,65324,930
total current liabilities2,20619225,40831,53231,65324,9306,9004,0052,012
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities15,848
provisions
total long term liabilities15,848
total liabilities2,20619241,25631,53231,65324,9306,9004,0052,012
net assets17,74243,71869,41773,4516,641355297397100
total shareholders funds17,74243,71869,41773,4516,641355297397100
May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013
Operating Activities
Operating Profit-25,998-25,765-4,50882,5357,70416-115374
Depreciation2,5002,500
Amortisation
Tax-15,695-1,474-14-79
Stock
Debtors-532-104,28495,0851,6416,673-2,2631,8092,038
Creditors-31,53231,532-6,9002,8951,9932,012
Accruals and Deferred Income-25,40825,408-31,6536,72324,930
Deferred Taxes & Provisions
Cash flow from operations-23,498-48,14193,652-28,36611,31211,3595,043479-26
Investing Activities
capital expenditure-10,000
Change in Investments
cash flow from investments-10,000
Financing Activities
Bank loans
Group/Directors Accounts2,014192
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-15,84815,848
share issue100-100100
interest2266374705657152
cash flow from financing2,036-15,59016,322-305657152100
cash and cash equivalents
cash-21,712-66,47499,675-28,09711,06911,4155,05848174
overdraft
change in cash-21,712-66,47499,675-28,09711,06911,4155,05848174

myr art ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Myr Art Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for myr art ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other undefined companies, companies in KT19 area or any other competitors across 12 key performance metrics.

myr art ltd Ownership

MYR ART LTD group structure

Myr Art Ltd has no subsidiary companies.

Ultimate parent company

MYR ART LTD

08087986

MYR ART LTD Shareholders

emma myr 100%

myr art ltd directors

Myr Art Ltd currently has 1 director, Ms Emma Myr serving since May 2012.

officercountryagestartendrole
Ms Emma MyrEngland41 years May 2012- Director

P&L

May 2021

turnover

35.8k

-5%

operating profit

-26k

0%

gross margin

58.6%

-2.02%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

May 2021

net assets

17.7k

-0.59%

total assets

19.9k

-0.55%

cash

11.5k

-0.65%

net assets

Total assets minus all liabilities

myr art ltd company details

company number

08087986

Type

Private limited with Share Capital

industry

90030 - Artistic creation

incorporation date

May 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

May 2021

previous names

N/A

accountant

MAGIC EYE CONSULTING LTD

auditor

-

address

85 hook road, epsom, KT19 8TP

Bank

-

Legal Advisor

-

myr art 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 myr art ltd.

myr art 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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myr art ltd Companies House Filings - See Documents

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