miappi limited
miappi limited Company Information
Company Number
08337782
Next Accounts
Sep 2025
Shareholders
vala capital limited
uk ff nominees limited
View AllGroup Structure
View All
Industry
Data processing, hosting and related activities
Registered Address
12th floor 10 york road, london, SE1 7ND
Website
www.miappi.commiappi limited Estimated Valuation
Pomanda estimates the enterprise value of MIAPPI LIMITED at £387.1k based on a Turnover of £526.2k and 0.74x industry multiple (adjusted for size and gross margin).
miappi limited Estimated Valuation
Pomanda estimates the enterprise value of MIAPPI LIMITED at £61.3m based on an EBITDA of £15m and a 4.09x industry multiple (adjusted for size and gross margin).
miappi limited Estimated Valuation
Pomanda estimates the enterprise value of MIAPPI LIMITED at £16.8m based on Net Assets of £7.4m and 2.29x industry multiple (adjusted for liquidity).
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Miappi Limited Overview
Miappi Limited is a live company located in london, SE1 7ND with a Companies House number of 08337782. It operates in the data processing, hosting and related activities sector, SIC Code 63110. Founded in December 2012, it's largest shareholder is vala capital limited with a 18.9% stake. Miappi Limited is a established, small sized company, Pomanda has estimated its turnover at £526.2k with healthy growth in recent years.
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Miappi Limited Health Check
Pomanda's financial health check has awarded Miappi Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £526.2k, make it smaller than the average company (£6.2m)
- Miappi Limited
£6.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (5.9%)
- Miappi Limited
5.9% - Industry AVG
Production
with a gross margin of 32.5%, this company has a higher cost of product (63.3%)
- Miappi Limited
63.3% - Industry AVG
Profitability
an operating margin of 2846.4% make it more profitable than the average company (4.4%)
- Miappi Limited
4.4% - Industry AVG
Employees
with 5 employees, this is below the industry average (34)
5 - Miappi Limited
34 - Industry AVG
Pay Structure
on an average salary of £78.2k, the company has an equivalent pay structure (£78.2k)
- Miappi Limited
£78.2k - Industry AVG
Efficiency
resulting in sales per employee of £105.2k, this is less efficient (£174k)
- Miappi Limited
£174k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Miappi Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 521 days, this is slower than average (37 days)
- Miappi Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Miappi Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Miappi Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.7%, this is a lower level of debt than the average (57.4%)
22.7% - Miappi Limited
57.4% - Industry AVG
MIAPPI LIMITED financials
Miappi Limited's latest turnover from December 2023 is estimated at £526.2 thousand and the company has net assets of £7.4 million. According to their latest financial statements, Miappi Limited has 5 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 368,175 | 316,316 | |||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 36,072 | 42,576 | |||||||||
| Gross Profit | 332,103 | 273,740 | |||||||||
| Admin Expenses | 849,000 | 728,528 | |||||||||
| Operating Profit | -516,897 | -454,788 | |||||||||
| Interest Payable | 34,519 | 6,871 | 3,270 | 3,323 | |||||||
| Interest Receivable | 39 | 46 | 279 | 62 | |||||||
| Pre-Tax Profit | -551,377 | -461,613 | |||||||||
| Tax | 98,210 | 105,226 | |||||||||
| Profit After Tax | -453,167 | -356,387 | |||||||||
| Dividends Paid | |||||||||||
| Retained Profit | -453,167 | -356,387 | |||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 5 | 6 | 10 | 6 | 5 | 3 | 6 | 5 | |||
| EBITDA* | -515,592 | -447,092 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 149 | 1,384 | 3,547 | 4,282 | 1,723 | 1,415 | 2,173 | 2,752 | 3,994 | 1,104 | 856 |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 149 | 1,384 | 3,547 | 4,282 | 1,723 | 1,415 | 2,173 | 2,752 | 3,994 | 1,104 | 856 |
| Stock & work in progress | |||||||||||
| Trade Debtors | 5,346,896 | 130,359 | 118,421 | 43,121 | 53,386 | 79,602 | 25,299 | 51,214 | 43,406 | ||
| Group Debtors | |||||||||||
| Misc Debtors | 9,514,994 | 7,215,813 | 5,205,156 | 126,314 | 144,041 | 163,348 | 168,046 | 84,891 | 17,500 | ||
| Cash | 2,579,560 | 3,284,822 | 205,588 | 11,861 | 24,064 | 60,982 | 5,369 | 10,580 | 17,092 | ||
| misc current assets | |||||||||||
| total current assets | 9,514,994 | 7,215,813 | 7,926,456 | 8,620,337 | 450,323 | 199,023 | 240,798 | 308,630 | 115,559 | 61,794 | 77,998 |
| total assets | 9,515,143 | 7,217,197 | 7,930,003 | 8,624,619 | 452,046 | 200,438 | 242,971 | 311,382 | 119,553 | 62,898 | 78,854 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 507,862 | 443,460 | 18,715 | 34,408 | 37,321 | 83,939 | 60,839 | 75,497 | 108,362 | 147,496 | 78,550 |
| Group/Directors Accounts | |||||||||||
| other short term finances | 200,592 | 82,071 | 42,489 | 23,994 | |||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 273,840 | 470,188 | 466,324 | 143,494 | 123,812 | 109,147 | 77,761 | ||||
| total current liabilities | 507,862 | 443,460 | 493,147 | 504,596 | 503,645 | 309,504 | 227,140 | 208,638 | 186,123 | 147,496 | 78,550 |
| loans | 9,000,000 | 56,515 | 53,479 | ||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 1,651,068 | 10,651,068 | 9,000,000 | 375,000 | 77,474 | 50,000 | |||||
| provisions | |||||||||||
| total long term liabilities | 1,651,068 | 10,651,068 | 9,000,000 | 9,000,000 | 375,000 | 56,515 | 53,479 | 77,474 | 50,000 | ||
| total liabilities | 2,158,930 | 11,094,528 | 9,493,147 | 9,504,596 | 878,645 | 309,504 | 283,655 | 262,117 | 263,597 | 197,496 | 78,550 |
| net assets | 7,356,213 | -3,877,331 | -1,563,144 | -879,977 | -426,599 | -109,066 | -40,684 | 49,265 | -144,044 | -134,598 | 304 |
| total shareholders funds | 7,356,213 | -3,877,331 | -1,563,144 | -879,977 | -426,599 | -109,066 | -40,684 | 49,265 | -144,044 | -134,598 | 304 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -516,897 | -454,788 | |||||||||
| Depreciation | 1,980 | 1,305 | 7,696 | 1,307 | 2,228 | 2,089 | 1,578 | 363 | 131 | ||
| Amortisation | |||||||||||
| Tax | 98,210 | 105,226 | |||||||||
| Stock | |||||||||||
| Debtors | 2,299,181 | 1,868,917 | 11,381 | 5,090,780 | 57,573 | -29,572 | -30,914 | 137,458 | 58,976 | -9,692 | 60,906 |
| Creditors | 64,402 | 424,745 | -15,693 | -2,913 | -46,618 | 23,100 | -14,658 | -32,865 | -39,134 | 68,946 | 78,550 |
| Accruals and Deferred Income | -273,840 | -196,348 | 3,864 | 322,830 | 19,682 | 14,665 | 31,386 | 77,761 | |||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | -5,507,211 | -123,227 | |||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | -200,592 | 200,592 | -82,071 | 39,582 | 18,495 | 23,994 | |||||
| Long term loans | -9,000,000 | 9,000,000 | -56,515 | 3,036 | 53,479 | ||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | -9,000,000 | 10,651,068 | -9,000,000 | 8,625,000 | 375,000 | -77,474 | 27,474 | 50,000 | |||
| share issue | |||||||||||
| interest | -34,480 | -6,825 | -2,991 | -3,261 | |||||||
| cash flow from financing | 8,590,309 | 324,958 | |||||||||
| cash and cash equivalents | |||||||||||
| cash | -2,579,560 | -705,262 | 3,079,234 | 193,727 | -12,203 | -36,918 | 55,613 | -5,211 | -6,512 | 17,092 | |
| overdraft | |||||||||||
| change in cash | -2,579,560 | -705,262 | 3,079,234 | 193,727 | -12,203 | -36,918 | 55,613 | -5,211 | -6,512 | 17,092 |
miappi limited Credit Report and Business Information
Miappi Limited Competitor Analysis
Perform a competitor analysis for miappi limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in SE1 area or any other competitors across 12 key performance metrics.
miappi limited Ownership
MIAPPI LIMITED group structure
Miappi Limited has no subsidiary companies.
Ultimate parent company
MIAPPI LIMITED
08337782
miappi limited directors
Miappi Limited currently has 3 directors. The longest serving directors include Mr Andrew Foyle (Dec 2012) and Mr Toby Britton (Dec 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Foyle | England | 53 years | Dec 2012 | - | Director |
| Mr Toby Britton | England | 51 years | Dec 2012 | - | Director |
| Mr Lee Buchanan | United Kingdom | 51 years | Dec 2012 | - | Director |
P&L
December 2023turnover
526.2k
-6%
operating profit
15m
0%
gross margin
32.5%
+9.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
7.4m
-2.9%
total assets
9.5m
+0.32%
cash
0
0%
net assets
Total assets minus all liabilities
miappi limited company details
company number
08337782
Type
Private limited with Share Capital
industry
63110 - Data processing, hosting and related activities
incorporation date
December 2012
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
12th floor 10 york road, london, SE1 7ND
Bank
-
Legal Advisor
-
miappi 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 found 2 charges/mortgages relating to miappi limited. Currently there are 0 open charges and 2 have been satisfied in the past.
miappi 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.
Click to start generating capital raising & share issue transactions for MIAPPI LIMITED. This can take several minutes, an email will notify you when this has completed.
miappi limited Companies House Filings - See Documents
| date | description | view/download |
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