mi life investment limited

mi life investment limited Company Information

Share MI LIFE INVESTMENT LIMITED
Live 
EstablishedMicroDeclining

Company Number

08544649

Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Directors

Rahima Dakri

Shareholders

rahima dakri

yunus ali adam

Group Structure

View All

Contact

Registered Address

park house 37 clarence street, leicester, leicestershire, LE1 3RW

Website

-

mi life investment limited Estimated Valuation

£299.2k

Pomanda estimates the enterprise value of MI LIFE INVESTMENT LIMITED at £299.2k based on a Turnover of £349.7k and 0.86x industry multiple (adjusted for size and gross margin).

mi life investment limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MI LIFE INVESTMENT LIMITED at £0 based on an EBITDA of £-409 and a 3.16x industry multiple (adjusted for size and gross margin).

mi life investment limited Estimated Valuation

£82.6k

Pomanda estimates the enterprise value of MI LIFE INVESTMENT LIMITED at £82.6k based on Net Assets of £62.9k and 1.31x industry multiple (adjusted for liquidity).

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Mi Life Investment Limited Overview

Mi Life Investment Limited is a live company located in leicestershire, LE1 3RW with a Companies House number of 08544649. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in May 2013, it's largest shareholder is rahima dakri with a 70% stake. Mi Life Investment Limited is a established, micro sized company, Pomanda has estimated its turnover at £349.7k with declining growth in recent years.

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Mi Life Investment Limited Health Check

Pomanda's financial health check has awarded Mi Life Investment Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £349.7k, make it smaller than the average company (£4.8m)

£349.7k - Mi Life Investment Limited

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4%)

-1% - Mi Life Investment Limited

4% - Industry AVG

production

Production

with a gross margin of 16.3%, this company has a higher cost of product (57.6%)

16.3% - Mi Life Investment Limited

57.6% - Industry AVG

profitability

Profitability

an operating margin of -0.1% make it less profitable than the average company (9.5%)

-0.1% - Mi Life Investment Limited

9.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (13)

1 - Mi Life Investment Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £78.6k, the company has an equivalent pay structure (£78.6k)

£78.6k - Mi Life Investment Limited

£78.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £349.7k, this is more efficient (£203.5k)

£349.7k - Mi Life Investment Limited

£203.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 196 days, this is later than average (33 days)

196 days - Mi Life Investment Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 156 days, this is slower than average (48 days)

156 days - Mi Life Investment Limited

48 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mi Life Investment Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Mi Life Investment Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66.7%, this is a similar level of debt than the average (68.6%)

66.7% - Mi Life Investment Limited

68.6% - Industry AVG

MI LIFE INVESTMENT LIMITED financials

EXPORTms excel logo

Mi Life Investment Limited's latest turnover from November 2023 is estimated at £349.7 thousand and the company has net assets of £62.9 thousand. According to their latest financial statements, Mi Life Investment Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015May 2014
Turnover349,663314,597333,824357,261338,063342,923339,828293,6751,008,444190,716
Other Income Or Grants0000000000
Cost Of Sales292,525261,275276,798289,030278,913274,492267,837202,802699,746139,327
Gross Profit57,13953,32157,02568,23159,15068,43071,99190,873308,69851,390
Admin Expenses57,54853,81357,43468,65159,61368,85270,96892,353226,04051,392
Operating Profit-409-492-409-420-463-4221,023-1,48082,658-2
Interest Payable0000000000
Interest Receivable0000006683
Pre-Tax Profit-409-492-409-420-463-4221,028-1,47482,6660
Tax000000-1950-16,5330
Profit After Tax-409-492-409-420-463-422833-1,47466,1330
Dividends Paid0000000000
Retained Profit-409-492-409-420-463-422833-1,47466,1330
Employee Costs78,59374,00070,33369,39870,04967,55864,29162,654177,44159,619
Number Of Employees1111111131
EBITDA*-409-492-409-420-463-4221,023-1,48082,658-2

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015May 2014
Tangible Assets000000000209,805
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets000000000209,805
Stock & work in progress0000000000
Trade Debtors188,634189,025189,475190,124190,304190,767191,807189,654411,2080
Group Debtors0000000000
Misc Debtors0000000000
Cash00000002,2202,2741,000
misc current assets0000000000
total current assets188,634189,025189,475190,124190,304190,767191,807191,874413,4821,000
total assets188,634189,025189,475190,124190,304190,767191,807191,874413,482210,805
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 125,457125,457125,457125,697125,457125,457126,075126,315346,449209,905
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities125,457125,457125,457125,697125,457125,457126,075126,315346,449209,905
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income300282240240240240240000
other liabilities0000000000
provisions0000000000
total long term liabilities300282240240240240240000
total liabilities125,757125,739125,697125,937125,697125,697126,315126,315346,449209,905
net assets62,87763,28663,77864,18764,60765,07065,49265,55967,033900
total shareholders funds62,87763,28663,77864,18764,60765,07065,49265,55967,033900
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015May 2014
Operating Activities
Operating Profit-409-492-409-420-463-4221,023-1,48082,658-2
Depreciation0000000000
Amortisation0000000000
Tax000000-1950-16,5330
Stock0000000000
Debtors-391-450-649-180-463-1,0402,153-221,554411,2080
Creditors00-2402400-618-240-220,134136,544209,905
Accruals and Deferred Income18420000240000
Deferred Taxes & Provisions0000000000
Cash flow from operations000000-1,325-60-208,539209,903
Investing Activities
capital expenditure00000000209,805-209,805
Change in Investments0000000000
cash flow from investments00000000209,805-209,805
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue000000-90000900
interest0000006683
cash flow from financing000000-89468903
cash and cash equivalents
cash000000-2,220-541,2741,000
overdraft0000000000
change in cash000000-2,220-541,2741,000

mi life investment limited 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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Mi Life Investment Limited Competitor Analysis

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Perform a competitor analysis for mi life investment limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in LE1 area or any other competitors across 12 key performance metrics.

mi life investment limited Ownership

MI LIFE INVESTMENT LIMITED group structure

Mi Life Investment Limited has no subsidiary companies.

Ultimate parent company

MI LIFE INVESTMENT LIMITED

08544649

MI LIFE INVESTMENT LIMITED Shareholders

rahima dakri 70%
yunus ali adam 30%

mi life investment limited directors

Mi Life Investment Limited currently has 1 director, Mrs Rahima Dakri serving since May 2013.

officercountryagestartendrole
Mrs Rahima DakriEngland48 years May 2013- Director

P&L

November 2023

turnover

349.7k

+11%

operating profit

-409

0%

gross margin

16.4%

-3.59%

turnover

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

Balance Sheet

November 2023

net assets

62.9k

-0.01%

total assets

188.6k

0%

cash

0

0%

net assets

Total assets minus all liabilities

mi life investment limited company details

company number

08544649

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

May 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

mi - life investment limited (June 2013)

accountant

-

auditor

-

address

park house 37 clarence street, leicester, leicestershire, LE1 3RW

Bank

-

Legal Advisor

-

mi life investment 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 did not find charges/mortgages relating to mi life investment limited.

mi life investment 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.

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mi life investment limited Companies House Filings - See Documents

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