myfix apps limited
myfix apps limited Company Information
Company Number
08558712
Next Accounts
719 days late
Shareholders
adam samuel benzecrit
tobias benjamin robert cockayne
View AllGroup Structure
View All
Industry
Other software publishing
Registered Address
3 field court, london, WC1R 5EF
Website
-myfix apps limited Estimated Valuation
Pomanda estimates the enterprise value of MYFIX APPS LIMITED at £724.5k based on a Turnover of £571.8k and 1.27x industry multiple (adjusted for size and gross margin).
myfix apps limited Estimated Valuation
Pomanda estimates the enterprise value of MYFIX APPS LIMITED at £0 based on an EBITDA of £-367.2k and a 4.63x industry multiple (adjusted for size and gross margin).
myfix apps limited Estimated Valuation
Pomanda estimates the enterprise value of MYFIX APPS LIMITED at £1.7m based on Net Assets of £739.5k and 2.23x industry multiple (adjusted for liquidity).
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Myfix Apps Limited Overview
Myfix Apps Limited is a live company located in london, WC1R 5EF with a Companies House number of 08558712. It operates in the other software publishing sector, SIC Code 58290. Founded in June 2013, it's largest shareholder is adam samuel benzecrit with a 21.1% stake. Myfix Apps Limited is a established, small sized company, Pomanda has estimated its turnover at £571.8k with healthy growth in recent years.
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Myfix Apps Limited Health Check
Pomanda's financial health check has awarded Myfix Apps Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £571.8k, make it smaller than the average company (£4.6m)
- Myfix Apps Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (3.3%)
- Myfix Apps Limited
3.3% - Industry AVG
Production
with a gross margin of 66.8%, this company has a comparable cost of product (66.8%)
- Myfix Apps Limited
66.8% - Industry AVG
Profitability
an operating margin of -75.4% make it less profitable than the average company (4.8%)
- Myfix Apps Limited
4.8% - Industry AVG
Employees
with 9 employees, this is below the industry average (37)
9 - Myfix Apps Limited
37 - Industry AVG
Pay Structure
on an average salary of £71.2k, the company has an equivalent pay structure (£71.2k)
- Myfix Apps Limited
£71.2k - Industry AVG
Efficiency
resulting in sales per employee of £63.5k, this is less efficient (£137.8k)
- Myfix Apps Limited
£137.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (57 days)
- Myfix Apps Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (42 days)
- Myfix Apps Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Myfix Apps Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (17 weeks)
21 weeks - Myfix Apps Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.5%, this is a lower level of debt than the average (60%)
15.5% - Myfix Apps Limited
60% - Industry AVG
MYFIX APPS LIMITED financials
Myfix Apps Limited's latest turnover from June 2021 is estimated at £571.8 thousand and the company has net assets of £739.5 thousand. According to their latest financial statements, Myfix Apps Limited has 9 employees and maintains cash reserves of £56.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 9 | 11 | 11 | 6 | 3 | 4 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,111 | 10,177 | 13,569 | 12,023 | 1,967 | |||
| Intangible Assets | 452,618 | 384,389 | 286,568 | 162,909 | 53,335 | 41,736 | 41,770 | 24,304 |
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | 248,459 | 139,198 | 87,042 | 49,914 | 13,276 | 4,004 | ||
| Total Fixed Assets | 709,188 | 533,764 | 387,179 | 224,846 | 68,578 | 45,740 | 41,770 | 24,304 |
| Stock & work in progress | ||||||||
| Trade Debtors | 954 | 685 | 2,520 | 2,700 | 16,362 | 10,419 | ||
| Group Debtors | ||||||||
| Misc Debtors | 108,489 | 170,778 | 203,273 | 132,169 | 49,352 | 9,250 | ||
| Cash | 56,465 | 2,408 | 8,798 | 77,430 | 39,276 | 16,512 | 2,957 | 28,954 |
| misc current assets | ||||||||
| total current assets | 165,908 | 173,871 | 214,591 | 212,299 | 88,628 | 25,762 | 19,319 | 39,373 |
| total assets | 875,096 | 707,635 | 601,770 | 437,145 | 157,206 | 71,502 | 61,089 | 63,677 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 29,522 | 19,848 | 78,522 | 36,381 | 3,474 | 84,045 | 79,629 | |
| Group/Directors Accounts | 22,500 | |||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 106,029 | 66,906 | 17,030 | 19,883 | 71,775 | 109,935 | ||
| total current liabilities | 135,551 | 86,754 | 95,552 | 56,264 | 94,275 | 113,409 | 84,045 | 79,629 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 135,551 | 86,754 | 95,552 | 56,264 | 94,275 | 113,409 | 84,045 | 79,629 |
| net assets | 739,545 | 620,881 | 506,218 | 380,881 | 62,931 | -41,907 | -22,956 | -15,952 |
| total shareholders funds | 739,545 | 620,881 | 506,218 | 380,881 | 62,931 | -41,907 | -22,956 | -15,952 |
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 2,703 | 3,392 | 6,077 | 4,008 | 656 | |||
| Amortisation | 61,471 | 48,501 | 33,835 | 18,116 | 34 | 34 | 34 | 36 |
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 47,241 | 17,826 | 108,052 | 122,155 | 49,374 | -3,108 | 5,943 | 10,419 |
| Creditors | 9,674 | -58,674 | 42,141 | 36,381 | -3,474 | -80,571 | 4,416 | 79,629 |
| Accruals and Deferred Income | 39,123 | 49,876 | -2,853 | -51,892 | -38,160 | 109,935 | ||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -22,500 | 22,500 | ||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 54,057 | -6,390 | -68,632 | 38,154 | 22,764 | 13,555 | -25,997 | 28,954 |
| overdraft | ||||||||
| change in cash | 54,057 | -6,390 | -68,632 | 38,154 | 22,764 | 13,555 | -25,997 | 28,954 |
myfix apps limited Credit Report and Business Information
Myfix Apps Limited Competitor Analysis
Perform a competitor analysis for myfix apps limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in WC1R area or any other competitors across 12 key performance metrics.
myfix apps limited Ownership
MYFIX APPS LIMITED group structure
Myfix Apps Limited has no subsidiary companies.
Ultimate parent company
MYFIX APPS LIMITED
08558712
myfix apps limited directors
Myfix Apps Limited currently has 2 directors. The longest serving directors include Mr Adam Benzecrit (Jun 2013) and Mr Richard Tufft (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Benzecrit | 33 years | Jun 2013 | - | Director | |
| Mr Richard Tufft | 50 years | Apr 2020 | - | Director |
P&L
June 2021turnover
571.8k
-22%
operating profit
-431.3k
0%
gross margin
66.9%
+1.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2021net assets
739.5k
+0.19%
total assets
875.1k
+0.24%
cash
56.5k
+22.45%
net assets
Total assets minus all liabilities
myfix apps limited company details
company number
08558712
Type
Private limited with Share Capital
industry
58290 - Other software publishing
incorporation date
June 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2021
previous names
N/A
accountant
-
auditor
-
address
3 field court, london, WC1R 5EF
Bank
-
Legal Advisor
-
myfix apps 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 myfix apps limited.
myfix apps 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 MYFIX APPS LIMITED. This can take several minutes, an email will notify you when this has completed.
myfix apps limited Companies House Filings - See Documents
| date | description | view/download |
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