Pomanda estimates the enterprise value of MYPAYE LTD at £89.3k based on a Turnover of £170.4k and 0.52x industry multiple (adjusted for size and gross margin).
mypaye ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MYPAYE LTD at £0 based on an EBITDA of £-32.4k and a 3.57x industry multiple (adjusted for size and gross margin).
mypaye ltdEstimated Valuation
£2.5k
Pomanda estimates the enterprise value of MYPAYE LTD at £2.5k based on Net Assets of £1.1k and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mypaye LtdOverview
Mypaye Ltd is a live company located in lancashire, OL1 1ET with a Companies House number of 08238799. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 2012, it's largest shareholder is
pennine ventures limited
with a 100% stake. Mypaye Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£170.4k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Mypaye Ltd 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
Health Rating1.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £170.4k, make it smaller than the average company (£6.6m)
£170.4k - Mypaye Ltd
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (6.8%)
12% - Mypaye Ltd
6.8% - Industry AVG
Production
with a gross margin of 25.3%, this company has a higher cost of product (50.1%)
25.3% - Mypaye Ltd
50.1% - Industry AVG
Profitability
an operating margin of -19% make it less profitable than the average company (3.4%)
-19% - Mypaye Ltd
3.4% - Industry AVG
Employees
with 5 employees, this is below the industry average (41)
5 - Mypaye Ltd
41 - Industry AVG
Pay Structure
on an average salary of £71.6k, the company has an equivalent pay structure (£71.6k)
£71.6k - Mypaye Ltd
£71.6k - Industry AVG
Efficiency
resulting in sales per employee of £34.1k, this is less efficient (£174k)
£34.1k - Mypaye Ltd
£174k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (53 days)
10 days - Mypaye Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (35 days)
13 days - Mypaye Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mypaye Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mypaye Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.2%, this is a higher level of debt than the average (62.8%)
80.2% - Mypaye Ltd
62.8% - Industry AVG
MYPAYE LTD financials
EXPORT
Mypaye Ltd's latest turnover from October 2023 is estimated at £170.4 thousand and the company has net assets of £1.1 thousand. According to their latest financial statements, Mypaye Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Oct 2013
Turnover
170,449
129,510
127,947
122,819
119,088
95,062
101,458
95,463
40,932
15,378
24,213
Other Income Or Grants
Cost Of Sales
127,312
95,235
96,758
93,176
89,634
70,330
73,605
67,861
29,044
11,043
16,932
Gross Profit
43,137
34,275
31,189
29,643
29,454
24,732
27,853
27,602
11,887
4,335
7,281
Admin Expenses
75,507
24,103
12,789
953,507
24,624
14,960
26,273
16,798
7,869
3,347
6,223
Operating Profit
-32,370
10,172
18,400
-923,864
4,830
9,772
1,580
10,804
4,018
988
1,058
Interest Payable
Interest Receivable
40
40
15
Pre-Tax Profit
-32,370
10,171
14,904
-923,864
3,912
7,915
1,585
10,513
4,058
1,028
1,073
Tax
-1,932
-301
-1,860
-811
-216
-247
Profit After Tax
-32,370
8,239
14,904
-923,864
3,912
7,915
1,284
8,653
3,246
812
826
Dividends Paid
Retained Profit
-32,370
8,239
14,904
-923,864
3,912
7,915
1,284
8,653
3,246
812
826
Employee Costs
358,016
92,422
90,334
102,652
95,309
71,043
86,288
64,708
54,134
53,490
50,548
Number Of Employees
5
5
5
1
1
1
1
1
1
1
1
EBITDA*
-32,370
11,086
18,978
-923,286
5,132
10,997
2,427
12,086
4,355
1,325
1,153
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Oct 2013
Tangible Assets
1,021
1,276
1,156
1,735
604
906
1,320
1,833
578
915
192
Intangible Assets
Investments & Other
15
Debtors (Due After 1 year)
Total Fixed Assets
1,021
1,276
1,156
1,735
604
906
1,320
1,833
578
915
207
Stock & work in progress
Trade Debtors
4,701
42,326
36,637
35,986
33,829
28,086
22,979
17,698
10,883
3,915
5,682
Group Debtors
Misc Debtors
Cash
3,892
6,071
9,857
6,007
misc current assets
total current assets
4,701
42,326
36,637
35,986
33,829
28,086
22,979
21,590
16,954
13,772
11,689
total assets
5,722
43,602
37,793
37,721
34,433
28,992
24,299
23,423
17,532
14,687
11,896
Bank overdraft
Bank loan
Trade Creditors
4,589
8,487
4,698
9,850
6,566
4,848
6,773
7,878
9,090
5,230
10,970
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
4,589
8,487
4,698
9,850
6,566
4,848
6,773
7,878
9,090
5,230
10,970
loans
hp & lease commitments
Accruals and Deferred Income
1,103
63
other liabilities
509
509
509
509
509
500
3,410
3,410
provisions
301
63
4,324
total long term liabilities
1,612
509
509
509
509
801
63
3,473
7,734
total liabilities
4,589
10,099
5,207
10,359
7,075
5,357
7,574
7,941
12,563
12,964
10,970
net assets
1,133
33,503
32,586
27,362
27,358
23,635
16,725
15,482
4,969
1,723
926
total shareholders funds
1,133
33,503
32,586
27,362
27,358
23,635
16,725
15,482
4,969
1,723
926
Oct 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Oct 2013
Operating Activities
Operating Profit
-32,370
10,172
18,400
-923,864
4,830
9,772
1,580
10,804
4,018
988
1,058
Depreciation
914
578
578
302
1,225
847
1,282
337
337
95
Amortisation
Tax
-1,932
-301
-1,860
-811
-216
-247
Stock
Debtors
-37,625
5,689
651
2,157
5,743
5,107
5,281
6,815
6,968
-1,767
5,682
Creditors
-3,898
3,789
-5,152
3,284
1,718
-1,925
-1,105
-1,212
3,860
-5,740
10,970
Accruals and Deferred Income
-1,103
1,103
-63
63
Deferred Taxes & Provisions
-301
301
-63
-4,261
4,324
Cash flow from operations
254
8,357
13,175
-922,159
1,107
3,664
-4,022
2,199
-3,825
1,460
6,194
Investing Activities
capital expenditure
255
-1,034
1
-1,709
-811
-334
-2,537
-1,060
-287
Change in Investments
-15
15
cash flow from investments
255
-1,034
1
-1,709
-811
-334
-2,537
-1,045
-302
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-509
9
500
-3,410
3,410
share issue
-7,322
-9,680
923,868
-189
-1,005
-41
1,860
-15
100
interest
40
40
15
cash flow from financing
-509
-7,322
-9,680
923,868
-189
-996
459
-1,550
40
3,435
115
cash and cash equivalents
cash
-3,892
-2,179
-3,786
3,850
6,007
overdraft
change in cash
-3,892
-2,179
-3,786
3,850
6,007
mypaye ltd 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 mypaye ltd. Get real-time insights into mypaye ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mypaye ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in OL1 area or any other competitors across 12 key performance metrics.
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 3 charges/mortgages relating to mypaye ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
mypaye 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.
Click to start generating capital raising & share issue transactions for MYPAYE LTD. This can take several minutes, an email will notify you when this has completed.
