mitac technology uk ltd.
mitac technology uk ltd. Company Information
Company Number
09156818
Next Accounts
Feb 2025
Shareholders
mitac computing technology corporation
Group Structure
View All
Industry
Manufacture of computers and peripheral equipment
+1Registered Address
7th floor 21 lombard street, london, EC3V 9AH
Website
www.mio.commitac technology uk ltd. Estimated Valuation
Pomanda estimates the enterprise value of MITAC TECHNOLOGY UK LTD. at £0 based on a Turnover of £0 and 1x industry multiple (adjusted for size and gross margin).
mitac technology uk ltd. Estimated Valuation
Pomanda estimates the enterprise value of MITAC TECHNOLOGY UK LTD. at £0 based on an EBITDA of £-486 and a 4.84x industry multiple (adjusted for size and gross margin).
mitac technology uk ltd. Estimated Valuation
Pomanda estimates the enterprise value of MITAC TECHNOLOGY UK LTD. at £57.3m based on Net Assets of £31.3m and 1.83x industry multiple (adjusted for liquidity).
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Mitac Technology Uk Ltd. Overview
Mitac Technology Uk Ltd. is a dissolved company that was located in london, EC3V 9AH with a Companies House number of 09156818. It operated in the manufacture of computers and peripheral equipment sector, SIC Code 26200. Founded in August 2014, it's largest shareholder was mitac computing technology corporation with a 100% stake. The last turnover for Mitac Technology Uk Ltd. was estimated at £0.
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Mitac Technology Uk Ltd. Health Check
Pomanda's financial health check has awarded Mitac Technology Uk Ltd. a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 1 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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Production
There is insufficient data available for this Key Performance Indicator!
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Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
with 3 employees, this is below the industry average (81)
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- - Industry AVG
Pay Structure
on an average salary of £52.5k, the company has an equivalent pay structure (£52.5k)
- Mitac Technology Uk Ltd.
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
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Stock Days
There is insufficient data available for this Key Performance Indicator!
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Cash Balance
has cash to cover current liabilities for 5373 weeks, this is more cash available to meet short term requirements (16 weeks)
- - Mitac Technology Uk Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0%, this is a lower level of debt than the average (55.4%)
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- - Industry AVG
MITAC TECHNOLOGY UK LTD. financials
Mitac Technology Uk Ltd.'s latest turnover from December 2022 is 0 and the company has net assets of £31.3 million. According to their latest financial statements, Mitac Technology Uk Ltd. has 3 employees and maintains cash reserves of £185 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 0 | 0 | 0 | 0 | ||||
| Gross Profit | 0 | 0 | 0 | 0 | ||||
| Admin Expenses | 0 | 0 | 0 | 0 | ||||
| Operating Profit | -487 | -251 | -95 | 0 | 0 | 0 | 0 | |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 9,822 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | -14,191,479 | -251 | 944,847 | 0 | 0 | 0 | 0 | |
| Tax | 0 | -96 | -1,848 | 0 | 0 | 0 | 0 | |
| Profit After Tax | -14,191,479 | -347 | 942,999 | 0 | 0 | 0 | 0 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -14,191,479 | -347 | 942,999 | 0 | 0 | 0 | 0 | |
| Employee Costs | 0 | 0 | 0 | 0 | ||||
| Number Of Employees | 3 | |||||||
| EBITDA* | -487 | -251 | -95 | 0 | 0 | 0 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 31,080,338 | 45,271,330 | 49,410,515 | 46,610,163 | 48,721,915 | 48,721,915 | 48,232,567 | 46,793,913 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 31,080,337 | 45,271,330 | 49,410,514 | 46,610,162 | 0 | 48,721,915 | 48,232,566 | 46,793,913 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 31,080,337 | 45,271,330 | 49,410,514 | 46,610,162 | 48,721,915 | 48,721,915 | 48,232,566 | 46,793,913 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 2 | 2 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 |
| Cash | 184,990 | 185,477 | 202,707 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 184,992 | 185,479 | 202,709 | 1 | 2 | 2 | 2 | 1 |
| total assets | 31,265,329 | 45,456,809 | 49,613,223 | 46,610,163 | 48,721,917 | 48,721,917 | 48,232,568 | 46,793,914 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,790 | 1,790 | 1,848 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,790 | 1,790 | 1,848 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,790 | 1,790 | 1,848 | 0 | 0 | 0 | 0 | 0 |
| net assets | 31,263,539 | 45,455,019 | 49,611,375 | 46,610,163 | 48,721,917 | 48,721,917 | 48,232,568 | 46,793,914 |
| total shareholders funds | 31,263,540 | 45,455,019 | 49,611,376 | 46,610,164 | 48,721,917 | 48,721,917 | 48,232,568 | 46,793,915 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -487 | -251 | -95 | 0 | 0 | 0 | 0 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -96 | -1,848 | 0 | 0 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | -58 | 1,848 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -487 | -405 | -95 | 0 | 0 | 0 | -1 | |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -14,190,993 | -4,139,184 | 2,800,352 | 46,610,162 | -48,721,915 | 489,349 | 1,438,653 | 46,793,913 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | 9,822 | 0 | 0 | 0 | 0 | |
| cash flow from financing | 0 | -4,156,010 | 2,068,034 | -2,111,752 | 489,348 | 1,438,654 | 46,793,915 | |
| cash and cash equivalents | ||||||||
| cash | -487 | -17,230 | 202,707 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -487 | -17,230 | 202,707 | 0 | 0 | 0 | 0 | 0 |
mitac technology uk ltd. Credit Report and Business Information
Mitac Technology Uk Ltd. Competitor Analysis
Perform a competitor analysis for mitac technology uk ltd. by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in EC3V area or any other competitors across 12 key performance metrics.
mitac technology uk ltd. Ownership
MITAC TECHNOLOGY UK LTD. group structure
Mitac Technology Uk Ltd. has no subsidiary companies.
Ultimate parent company
MITAC HOLDINGS CORP
#0066258
MITAC COMPUTING TECHNOLOGY CORP
#0066264
2 parents
MITAC TECHNOLOGY UK LTD.
09156818
mitac technology uk ltd. directors
Mitac Technology Uk Ltd. currently has 2 directors. The longest serving directors include Jhi-Wu Ho (Aug 2014) and Hsiang-Yun Yang (Aug 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Jhi-Wu Ho | England | 72 years | Aug 2014 | - | Director |
| Hsiang-Yun Yang | England | 64 years | Aug 2014 | - | Director |
P&L
December 2022turnover
0
0%
operating profit
-486.8
+94%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
31.3m
-0.31%
total assets
31.3m
-0.31%
cash
185k
0%
net assets
Total assets minus all liabilities
mitac technology uk ltd. company details
company number
09156818
Type
Private limited with Share Capital
industry
26200 - Manufacture of computers and peripheral equipment
64202 - Activities of production holding companies
incorporation date
August 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
mitac technology ltd. (August 2014)
accountant
-
auditor
MERCER & HOLE LLP
address
7th floor 21 lombard street, london, EC3V 9AH
Bank
-
Legal Advisor
-
mitac technology uk ltd. 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 mitac technology uk ltd..
mitac technology uk ltd. 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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mitac technology uk ltd. Companies House Filings - See Documents
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