michai house limited
michai house limited Company Information
Company Number
09117813
Next Accounts
Apr 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Shareholders
sacha lee michaud
kamal haider
View AllGroup Structure
View All
Contact
Registered Address
29 gildredge road, eastbourne, east sussex, BN21 4RU
Website
-michai house limited Estimated Valuation
Pomanda estimates the enterprise value of MICHAI HOUSE LIMITED at £485.2k based on a Turnover of £202.6k and 2.39x industry multiple (adjusted for size and gross margin).
michai house limited Estimated Valuation
Pomanda estimates the enterprise value of MICHAI HOUSE LIMITED at £145.2k based on an EBITDA of £24.2k and a 6x industry multiple (adjusted for size and gross margin).
michai house limited Estimated Valuation
Pomanda estimates the enterprise value of MICHAI HOUSE LIMITED at £0 based on Net Assets of £-1.6k and 1.53x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Michai House Limited Overview
Michai House Limited is a live company located in east sussex, BN21 4RU with a Companies House number of 09117813. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2014, it's largest shareholder is sacha lee michaud with a 33.3% stake. Michai House Limited is a established, micro sized company, Pomanda has estimated its turnover at £202.6k with declining growth in recent years.
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Michai House Limited Health Check
Pomanda's financial health check has awarded Michai House Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
8 Weak
Size
annual sales of £202.6k, make it smaller than the average company (£2.6m)
- Michai House Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (3.2%)
- Michai House Limited
3.2% - Industry AVG
Production
with a gross margin of 66.7%, this company has a comparable cost of product (66.7%)
- Michai House Limited
66.7% - Industry AVG
Profitability
an operating margin of 11.9% make it less profitable than the average company (18.6%)
- Michai House Limited
18.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (8)
2 - Michai House Limited
8 - Industry AVG
Pay Structure
on an average salary of £53k, the company has an equivalent pay structure (£53k)
- Michai House Limited
£53k - Industry AVG
Efficiency
resulting in sales per employee of £101.3k, this is less efficient (£191.1k)
- Michai House Limited
£191.1k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is near the average (31 days)
- Michai House Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (36 days)
- Michai House Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Michai House Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (26 weeks)
0 weeks - Michai House Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.1%, this is a higher level of debt than the average (63.3%)
110.1% - Michai House Limited
63.3% - Industry AVG
MICHAI HOUSE LIMITED financials
Michai House Limited's latest turnover from July 2023 is estimated at £202.6 thousand and the company has net assets of -£1.6 thousand. According to their latest financial statements, Michai House Limited has 2 employees and maintains cash reserves of £58 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 35,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 35,000 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 16,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 58 | 32 | 728 | 11,221 | 811 | 17,444 | 764 | 3,825 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 16,058 | 32 | 728 | 11,221 | 811 | 17,444 | 764 | 3,825 | 30 |
| total assets | 16,058 | 32 | 728 | 11,221 | 811 | 17,444 | 20,764 | 38,825 | 30 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,833 | 73 | 0 | 0 | 676 | 456 | 631 | 0 | 0 |
| Group/Directors Accounts | 24 | 7,024 | 7,024 | 24,024 | 23,224 | 37,980 | 56,970 | 59,970 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 12,824 | 12,701 | 14,212 | 14,558 | 12,719 | 19,486 | 420 | 480 | 0 |
| total current liabilities | 17,681 | 19,798 | 21,236 | 38,582 | 36,619 | 57,922 | 58,021 | 60,450 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 17,681 | 19,798 | 21,236 | 38,582 | 36,619 | 57,922 | 58,021 | 60,450 | 0 |
| net assets | -1,623 | -19,766 | -20,508 | -27,361 | -35,808 | -40,478 | -37,257 | -21,625 | 30 |
| total shareholders funds | -1,623 | -19,766 | -20,508 | -27,361 | -35,808 | -40,478 | -37,257 | -21,625 | 30 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 16,000 | 0 | 0 | 0 | 0 | 0 | 0 | -30 | 30 |
| Creditors | 4,760 | 73 | 0 | -676 | 220 | -175 | 631 | 0 | 0 |
| Accruals and Deferred Income | 123 | -1,511 | -346 | 1,839 | -6,767 | 19,066 | -60 | 480 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -20,000 | -15,000 | 35,000 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -7,000 | 0 | -17,000 | 800 | -14,756 | -18,990 | -3,000 | 59,970 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 26 | -696 | -10,493 | 10,410 | -16,633 | 16,680 | -3,061 | 3,825 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 26 | -696 | -10,493 | 10,410 | -16,633 | 16,680 | -3,061 | 3,825 | 0 |
michai house limited Credit Report and Business Information
Michai House Limited Competitor Analysis
Perform a competitor analysis for michai house limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BN21 area or any other competitors across 12 key performance metrics.
michai house limited Ownership
MICHAI HOUSE LIMITED group structure
Michai House Limited has no subsidiary companies.
Ultimate parent company
MICHAI HOUSE LIMITED
09117813
michai house limited directors
Michai House Limited currently has 2 directors. The longest serving directors include Mr Andre Michaud (Jul 2014) and Mr Kamal Haider (Jul 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andre Michaud | 43 years | Jul 2014 | - | Director | |
| Mr Kamal Haider | United Kingdom | 52 years | Jul 2014 | - | Director |
P&L
July 2023turnover
202.6k
-3%
operating profit
24.2k
0%
gross margin
66.7%
-1.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-1.6k
-0.92%
total assets
16.1k
+500.81%
cash
58
+0.81%
net assets
Total assets minus all liabilities
michai house limited company details
company number
09117813
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
July 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
ADVANTA
auditor
-
address
29 gildredge road, eastbourne, east sussex, BN21 4RU
Bank
-
Legal Advisor
-
michai house 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 michai house limited.
michai house 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 MICHAI HOUSE LIMITED. This can take several minutes, an email will notify you when this has completed.
michai house limited Companies House Filings - See Documents
| date | description | view/download |
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