Mi Pharma Ltd

POWER SEARCH PRICING

SOLUTIONS

mi pharma ltd Company Information

Company Number

08341095

Next Accounts

Sep 2025

Directors

Krishna Patel

Shareholders

krishna k. patel

Group Structure

View All

Industry

Dispensing chemist in specialised stores

Registered Address

114-116 goodmayes road, ilford, IG3 9UZ

Website

www.pharmami.co.uk

mi pharma ltd Estimated Valuation

£943.6k

Pomanda estimates the enterprise value of MI PHARMA LTD at £943.6k based on a Turnover of £2.7m and 0.36x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Mi Pharma Ltd is a live company located in ilford, IG3 9UZ with a Companies House number of 08341095. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in December 2012, it's largest shareholder is krishna k. patel with a 100% stake. Mi Pharma Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.7m with unknown growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Mi Pharma Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

2 Strong

3 Regular

4 Weak

Size

annual sales of £2.7m, make it smaller than the average company (£13.5m)

Growth

There is insufficient data available for this Key Performance Indicator!

EXPORT

Mi Pharma Ltd's latest turnover from December 2023 is estimated at £2.7 million and the company has net assets of £217 thousand. According to their latest financial statements, we estimate that Mi Pharma Ltd has 18 employees and maintains cash reserves of £19.1 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
Turnover	2,655,232	2,506,620	0	0	0	0	0	120,643	0	62,459	56,886
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,794,934	1,666,620	0	0	0	0	0	81,369	0	43,456	39,227
Gross Profit	860,298	840,000	0	0	0	0	0	39,274	0	19,004	17,659
Admin Expenses	725,713	710,689	-101,309	-100,757	-100,097	-68,285	-71,762	-10,761	7,443	10,985	15,921
Operating Profit	134,585	129,311	101,309	100,757	100,097	68,285	71,762	50,035	-7,443	8,019	1,738
Interest Payable	65,375	68,905	49,992	53,315	63,796	68,413	70,312	34,880	0	0	0
Interest Receivable	865	354	33	17	82	128	126	173	392	189	83
Pre-Tax Profit	70,075	60,759	51,349	47,459	36,384	0	1,575	15,328	-7,051	8,208	1,821
Tax	-17,519	-11,544	-9,756	-9,017	-6,913	0	-299	-3,065	0	-1,724	-419
Profit After Tax	52,556	49,215	41,593	38,442	29,471	0	1,276	12,262	-7,051	6,484	1,402
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	52,556	49,215	41,593	38,442	29,471	0	1,276	12,262	-7,051	6,484	1,402
Employee Costs	526,025	441,513	0	0	0	0	0	18,590	0	17,442	17,415
Number Of Employees	18	17	0	0	0	0	0	1	0	1	1
EBITDA*	134,585	129,311	101,309	100,757	100,097	68,285	71,762	50,035	-7,443	8,019	1,738

* 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	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	1,723,635	1,723,635	1,723,635	1,723,635	1,723,635	1,723,635	1,723,635	1,723,635	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	1,723,635	1,723,635	1,723,635	1,723,635	1,723,635	1,723,635	1,723,635	1,723,635	0	0	0
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	0	0	0	0	0	0	0	0	0	1,164	1,397
Group Debtors	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	25,726	0	0	0
Cash	19,075	13,888	6,340	19,664	14,249	7,669	26,582	23,848	114,519	42,336	33,128
misc current assets	0	0	0	0	0	0	3,788	0	0	0	0
total current assets	19,075	13,888	6,340	19,664	14,249	7,669	30,370	49,574	114,519	43,500	34,525
total assets	1,742,710	1,737,523	1,729,975	1,743,299	1,737,884	1,731,304	1,754,005	1,773,209	114,519	43,500	34,525
Bank overdraft	106,020	92,220	92,220	92,232	95,388	95,388	91,200	68,485	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	654,846	664,842	0	0	0	0	0	0	0	35,514	33,023
Group/Directors Accounts	0	0	846,970	826,823	787,237	741,119	689,102	640,659	106,848	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	247,048	219,748	5,549	5,249	4,948	4,647	3,149	3,178	6,736	0	0
total current liabilities	1,007,914	976,810	944,739	924,304	887,573	841,154	783,451	712,322	113,584	35,514	33,023
loans	367,758	596,231	669,969	745,321	815,079	884,389	956,081	1,047,690	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0
other liabilities	150,000	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	517,758	596,231	669,969	745,321	815,079	884,389	956,081	1,047,690	0	0	0
total liabilities	1,525,672	1,573,041	1,614,708	1,669,625	1,702,652	1,725,543	1,739,532	1,760,012	113,584	35,514	33,023
net assets	217,038	164,482	115,267	73,674	35,232	5,761	14,473	13,197	935	7,986	1,502
total shareholders funds	217,038	164,482	115,267	73,674	35,232	5,761	14,473	13,197	935	7,986	1,502

	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	134,585	129,311	101,309	100,757	100,097	68,285	71,762	50,035	-7,443	8,019	1,738
Depreciation	0	0	0	0	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0
Tax	-17,519	-11,544	-9,756	-9,017	-6,913	0	-299	-3,065	0	-1,724	-419
Stock	0	0	0	0	0	0	0	0	0	0	0
Debtors	0	0	0	0	0	0	-25,726	25,726	-1,164	-233	1,397
Creditors	-9,996	664,842	0	0	0	0	0	0	-35,514	2,491	33,023
Accruals and Deferred Income	27,300	214,199	300	301	301	1,498	-29	-3,558	6,736	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	134,370	996,808	91,853	92,041	93,485	69,783	97,160	17,686	-35,057	9,019	32,945
Investing Activities
capital expenditure	0	0	0	0	0	0	0	0	0	0	0
Change in Investments	0	0	0	0	0	0	0	1,723,635	0	0	0
cash flow from investments	0	0	0	0	0	0	0	-1,723,635	0	0	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	-846,970	20,147	39,586	46,118	52,017	48,443	533,811	106,848	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-228,473	-73,738	-75,352	-69,758	-69,310	-71,692	-91,609	1,047,690	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	150,000	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	-8,712	0	0	0	0	100
interest	-64,510	-68,551	-49,959	-53,298	-63,714	-68,285	-70,186	-34,707	392	189	83
cash flow from financing	-142,983	-989,259	-105,164	-83,470	-86,906	-96,672	-113,352	1,546,794	107,240	189	183
cash and cash equivalents
cash	5,187	7,548	-13,324	5,415	6,580	-18,913	2,734	-90,671	72,183	9,208	33,128
overdraft	13,800	0	-12	-3,156	0	4,188	22,715	68,485	0	0	0
change in cash	-8,613	7,548	-13,312	8,571	6,580	-23,101	-19,981	-159,156	72,183	9,208	33,128

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for mi pharma ltd. Get real-time insights into mi pharma ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for mi pharma ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in IG3 area or any other competitors across 12 key performance metrics.

MI PHARMA LTD group structure

Mi Pharma Ltd has 1 subsidiary company.

Ultimate parent company

MI PHARMA LTD

08341095

1 subsidiary

GOES PHARMACY LTD

04984534

MI PHARMA LTD Shareholders

krishna k. patel

100%

Mi Pharma Ltd currently has 1 director, Mrs Krishna Patel serving since Dec 2012.

officer	country	age	start	end	role
Mrs Krishna Patel	England	38 years	Dec 2012	-	Director

P&L

December 2023

turnover

2.7m

+6%

operating profit

134.6k

gross margin

32.5%

-3.32%

turnover

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

Balance Sheet

December 2023

net assets

217k

+0.32%

total assets

1.7m

cash

19.1k

+0.37%

net assets

Total assets minus all liabilities

Similar Companies

b.r. lewis chemists limited

had & hez ltd

sjz limited

s.a. cromie limited

speirs pharma limited

3.5

company number

08341095

Type

Private limited with Share Capital

industry

47730 - Dispensing chemist in specialised stores

incorporation date

December 2012

ultimate parent company

None

previous names

N/A

address

114-116 goodmayes road, ilford, IG3 9UZ

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 mi pharma ltd.

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 MI PHARMA LTD. This can take several minutes, an email will notify you when this has completed.

mi pharma ltd Company Information

mi pharma ltd Estimated Valuation

mi pharma ltd Estimated Valuation

mi pharma ltd Estimated Valuation

Mi Pharma Ltd Overview

Mi Pharma Ltd Health Check

MI PHARMA LTD financials

mi pharma ltd Credit Report and Business Information

Mi Pharma Ltd Competitor Analysis

mi pharma ltd Ownership

mi pharma ltd directors

mi pharma ltd company details

mi pharma ltd Charges & Mortgages

mi pharma ltd Capital Raised & Share Issues BETA

mi pharma ltd Companies House Filings - See Documents