mike edge holdings limited
mike edge holdings limited Company Information
Company Number
08852635
Website
-Registered Address
elsley court, 20-22 great titchfield street, london, W1W 8BE
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
michael robert edge 100%
mike edge holdings limited Estimated Valuation
Pomanda estimates the enterprise value of MIKE EDGE HOLDINGS LIMITED at £21.6m based on a Turnover of £20.1m and 1.08x industry multiple (adjusted for size and gross margin).
mike edge holdings limited Estimated Valuation
Pomanda estimates the enterprise value of MIKE EDGE HOLDINGS LIMITED at £0 based on an EBITDA of £-45.1k and a 8.48x industry multiple (adjusted for size and gross margin).
mike edge holdings limited Estimated Valuation
Pomanda estimates the enterprise value of MIKE EDGE HOLDINGS LIMITED at £2.8m based on Net Assets of £5.3m and 0.52x industry multiple (adjusted for liquidity).
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Mike Edge Holdings Limited Overview
Mike Edge Holdings Limited is a live company located in london, W1W 8BE with a Companies House number of 08852635. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2014, it's largest shareholder is michael robert edge with a 100% stake. Mike Edge Holdings Limited is a established, large sized company, Pomanda has estimated its turnover at £20.1m with healthy growth in recent years.
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Mike Edge Holdings Limited Health Check
Pomanda's financial health check has awarded Mike Edge Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £20.1m, make it larger than the average company (£3m)
£20.1m - Mike Edge Holdings Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (4.1%)
15% - Mike Edge Holdings Limited
4.1% - Industry AVG
Production
with a gross margin of 59.5%, this company has a lower cost of product (38.4%)
59.5% - Mike Edge Holdings Limited
38.4% - Industry AVG
Profitability
an operating margin of -4.7% make it less profitable than the average company (6.5%)
-4.7% - Mike Edge Holdings Limited
6.5% - Industry AVG
Employees
with 228 employees, this is above the industry average (20)
228 - Mike Edge Holdings Limited
20 - Industry AVG
Pay Structure
on an average salary of £55.1k, the company has a higher pay structure (£43.5k)
£55.1k - Mike Edge Holdings Limited
£43.5k - Industry AVG
Efficiency
resulting in sales per employee of £88.2k, this is less efficient (£137.8k)
£88.2k - Mike Edge Holdings Limited
£137.8k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (39 days)
15 days - Mike Edge Holdings Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (34 days)
24 days - Mike Edge Holdings Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mike Edge Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (28 weeks)
9 weeks - Mike Edge Holdings Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.5%, this is a similar level of debt than the average (60.4%)
61.5% - Mike Edge Holdings Limited
60.4% - Industry AVG
MIKE EDGE HOLDINGS LIMITED financials
Mike Edge Holdings Limited's latest turnover from March 2023 is £20.1 million and the company has net assets of £5.3 million. According to their latest financial statements, Mike Edge Holdings Limited has 228 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,107,648 | 20,003,224 | 16,270,697 | 13,353,561 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 8,146,002 | 7,134,029 | 5,705,890 | 6,015,155 | |||||
| Gross Profit | 11,961,646 | 12,869,195 | 10,564,807 | 7,338,406 | |||||
| Admin Expenses | 12,914,212 | 12,724,273 | 9,898,715 | 8,520,789 | |||||
| Operating Profit | -952,566 | 144,922 | 666,092 | -1,182,383 | |||||
| Interest Payable | 57,197 | 54,097 | 76,682 | 54,972 | |||||
| Interest Receivable | 6,950 | 226 | 7,219 | 19,543 | |||||
| Pre-Tax Profit | -1,002,813 | 91,051 | 596,629 | -416,013 | |||||
| Tax | 2,489 | -144,200 | 3,999 | -56,872 | |||||
| Profit After Tax | -1,000,324 | -53,149 | 600,628 | -472,885 | |||||
| Dividends Paid | 410,000 | 800,000 | 0 | 0 | |||||
| Retained Profit | -1,029,988 | -952,165 | 178,266 | -116,189 | |||||
| Employee Costs | 12,559,618 | 11,842,009 | 9,904,875 | 9,479,477 | |||||
| Number Of Employees | 228 | 195 | 168 | 154 | 4 | 4 | 4 | 3 | |
| EBITDA* | -45,060 | 1,073,776 | 1,551,179 | -569,040 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 465,963 | 410,019 | 475,823 | 594,323 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 3,500,395 | 4,639,390 | 5,308,887 | 5,914,433 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 5,091,680 | 4,616,292 | 4,510,176 | 5,182,574 | 10,078,868 | 7,139,731 | 4,209,948 | 2,706,948 | 57,587 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,058,038 | 9,665,701 | 10,294,886 | 11,691,330 | 10,078,868 | 7,139,731 | 4,209,948 | 2,706,948 | 57,587 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 846,603 | 785,786 | 508,487 | 605,507 | 0 | 0 | 0 | 0 | 1,056,625 |
| Group Debtors | 0 | 0 | 0 | 0 | 950,000 | 465,000 | 461,120 | 320,000 | 0 |
| Misc Debtors | 2,579,419 | 2,141,687 | 1,787,967 | 1,393,730 | 564,621 | 55,000 | 0 | 0 | 0 |
| Cash | 1,350,168 | 3,404,427 | 3,570,921 | 3,948,437 | 4,281,847 | 593,888 | 5,763 | 485,131 | 352,849 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,776,190 | 6,331,900 | 5,867,375 | 5,947,674 | 5,796,468 | 1,113,888 | 466,883 | 805,131 | 1,409,474 |
| total assets | 13,834,228 | 15,997,601 | 16,162,261 | 17,639,004 | 15,875,336 | 8,253,619 | 4,676,831 | 3,512,079 | 1,467,061 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 537,277 | 246,716 | 89,081 | 276,828 | 0 | 0 | 0 | 0 | 11,849 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 64,808 | 74,336 | 74,336 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 6,610,141 | 8,118,451 | 6,729,943 | 6,903,604 | 3,842,489 | 3,824,104 | 956,763 | 782,293 | 0 |
| total current liabilities | 7,147,418 | 8,429,975 | 6,893,360 | 7,254,768 | 3,842,489 | 3,824,104 | 956,763 | 782,293 | 11,849 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 65,821 | 136,541 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,250,043 | 1,227,101 | 2,139,176 | 3,108,111 | 0 | 0 | 0 | 0 | 0 |
| provisions | 108,000 | 78,000 | 55,000 | 59,000 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,358,043 | 1,305,101 | 2,259,997 | 3,303,652 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 8,505,461 | 9,735,076 | 9,153,357 | 10,558,420 | 3,842,489 | 3,824,104 | 956,763 | 782,293 | 11,849 |
| net assets | 5,328,767 | 6,262,525 | 7,008,904 | 7,080,584 | 12,032,847 | 4,429,515 | 3,720,068 | 2,729,786 | 1,455,212 |
| total shareholders funds | 5,328,767 | 6,262,525 | 7,008,904 | 7,080,584 | 12,032,847 | 4,429,515 | 3,720,068 | 2,729,786 | 1,455,212 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -952,566 | 144,922 | 666,092 | -1,182,383 | |||||
| Depreciation | 250,608 | 209,330 | 180,138 | 131,181 | 0 | 0 | 0 | 0 | |
| Amortisation | 656,898 | 719,524 | 704,949 | 482,162 | 0 | 0 | 0 | 0 | |
| Tax | 2,489 | -144,200 | 3,999 | -56,872 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 498,549 | 631,019 | 297,217 | 484,616 | 1,514,621 | 58,880 | 141,120 | -736,625 | 1,056,625 |
| Creditors | 290,561 | 157,635 | -187,747 | 276,828 | 0 | 0 | 0 | -11,849 | 11,849 |
| Accruals and Deferred Income | -1,508,310 | 1,388,508 | -173,661 | 3,061,115 | 3,842,489 | 2,867,341 | 174,470 | 782,293 | 0 |
| Deferred Taxes & Provisions | 30,000 | 23,000 | -4,000 | 59,000 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,728,869 | 1,867,700 | 892,553 | 2,286,415 | |||||
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | 0 | 0 | |||||
| Change in Investments | 475,388 | 106,116 | -672,398 | -4,896,294 | 10,078,868 | 2,929,783 | 1,503,000 | 2,649,361 | 57,587 |
| cash flow from investments | -475,388 | -106,116 | 672,398 | 4,896,294 | |||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -64,808 | -75,349 | -70,720 | 210,877 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 22,942 | -912,075 | -968,935 | 3,108,111 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -50,247 | -53,871 | -69,463 | -35,429 | |||||
| cash flow from financing | 4,117 | -835,509 | -1,359,064 | -1,552,515 | |||||
| cash and cash equivalents | |||||||||
| cash | -2,054,259 | -166,494 | -377,516 | -333,410 | 4,281,847 | 588,125 | -479,368 | 132,282 | 352,849 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,054,259 | -166,494 | -377,516 | -333,410 | 4,281,847 | 588,125 | -479,368 | 132,282 | 352,849 |
mike edge holdings limited Credit Report and Business Information
Mike Edge Holdings Limited Competitor Analysis
Perform a competitor analysis for mike edge holdings limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in W1W area or any other competitors across 12 key performance metrics.
mike edge holdings limited Ownership
MIKE EDGE HOLDINGS LIMITED group structure
Mike Edge Holdings Limited has 1 subsidiary company.
Ultimate parent company
MIKE EDGE HOLDINGS LIMITED
08852635
1 subsidiary
mike edge holdings limited directors
Mike Edge Holdings Limited currently has 2 directors. The longest serving directors include Mr Michael Edge (Jan 2014) and Mr Nigel Mitchell (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Edge | England | 69 years | Jan 2014 | - | Director |
| Mr Nigel Mitchell | 63 years | Nov 2017 | - | Director |
P&L
March 2023turnover
20.1m
+1%
operating profit
-952.6k
-757%
gross margin
59.5%
-7.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
5.3m
-0.15%
total assets
13.8m
-0.14%
cash
1.4m
-0.6%
net assets
Total assets minus all liabilities
Similar Companies
mike edge holdings limited company details
company number
08852635
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
January 2014
age
10
incorporated
UK
accounts
Group
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
elsley court, 20-22 great titchfield street, london, W1W 8BE
accountant
SRLV LLP
auditor
SAGARS ACCOUNTANTS LTD
mike edge holdings 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 mike edge holdings limited.
mike edge holdings limited Companies House Filings - See Documents
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