mysing investments 1 limited
mysing investments 1 limited Company Information
Company Number
09257892
Website
-Registered Address
9 fryers way, ossett, wakefield, west yorkshire, WF5 9TJ
Industry
Other business support service activities n.e.c.
Telephone
01924633007
Next Accounts Due
December 2024
Group Structure
View All
Directors
John Higgins10 Years
Shareholders
katherine michele higgins 45%
john higgins 45%
View Allmysing investments 1 limited Estimated Valuation
Pomanda estimates the enterprise value of MYSING INVESTMENTS 1 LIMITED at £1.6m based on a Turnover of £3.6m and 0.45x industry multiple (adjusted for size and gross margin).
mysing investments 1 limited Estimated Valuation
Pomanda estimates the enterprise value of MYSING INVESTMENTS 1 LIMITED at £89.4k based on an EBITDA of £26.2k and a 3.41x industry multiple (adjusted for size and gross margin).
mysing investments 1 limited Estimated Valuation
Pomanda estimates the enterprise value of MYSING INVESTMENTS 1 LIMITED at £432.8k based on Net Assets of £167.6k and 2.58x industry multiple (adjusted for liquidity).
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Mysing Investments 1 Limited Overview
Mysing Investments 1 Limited is a live company located in wakefield, WF5 9TJ with a Companies House number of 09257892. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2014, it's largest shareholder is katherine michele higgins with a 45% stake. Mysing Investments 1 Limited is a established, small sized company, Pomanda has estimated its turnover at £3.6m with declining growth in recent years.
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Mysing Investments 1 Limited Health Check
Pomanda's financial health check has awarded Mysing Investments 1 Limited a 2 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
2 Strong
1 Regular
6 Weak
Size
annual sales of £3.6m, make it larger than the average company (£3m)
- Mysing Investments 1 Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (4%)
- Mysing Investments 1 Limited
4% - Industry AVG
Production
with a gross margin of 17.5%, this company has a higher cost of product (38.8%)
- Mysing Investments 1 Limited
38.8% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (6.5%)
- Mysing Investments 1 Limited
6.5% - Industry AVG
Employees
with 11 employees, this is below the industry average (20)
- Mysing Investments 1 Limited
20 - Industry AVG
Pay Structure
on an average salary of £43.6k, the company has an equivalent pay structure (£43.6k)
- Mysing Investments 1 Limited
£43.6k - Industry AVG
Efficiency
resulting in sales per employee of £330.5k, this is more efficient (£137k)
- Mysing Investments 1 Limited
£137k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (39 days)
- Mysing Investments 1 Limited
39 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mysing Investments 1 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mysing Investments 1 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mysing Investments 1 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79%, this is a higher level of debt than the average (60.4%)
79% - Mysing Investments 1 Limited
60.4% - Industry AVG
MYSING INVESTMENTS 1 LIMITED financials
Mysing Investments 1 Limited's latest turnover from March 2023 is estimated at £3.6 million and the company has net assets of £167.6 thousand. According to their latest financial statements, we estimate that Mysing Investments 1 Limited has 11 employees and maintains cash reserves of £11.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 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 | 405 | 405 | 405 | 380 | 380 | 130 | 130 | 130 | 130 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 405 | 405 | 405 | 380 | 380 | 130 | 130 | 130 | 130 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 784,591 | 828,413 | 1,029,244 | 1,161,509 | 978,960 | 541,000 | 806,000 | 449,904 | 436,800 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 11,560 | 24,951 | 97,301 | 13,823 | 31,161 | 43,684 | 34,028 | 870 | 870 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 796,151 | 853,364 | 1,126,545 | 1,175,332 | 1,010,121 | 584,684 | 840,028 | 450,774 | 437,670 |
| total assets | 796,556 | 853,769 | 1,126,950 | 1,175,712 | 1,010,501 | 584,814 | 840,158 | 450,904 | 437,800 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 6,422 | 1,461 | 130 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 0 | 0 | 6,422 | 1,461 | 130 | 0 | 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 | 629,000 | 708,098 | 0 | 909,960 | 871,750 | 543,000 | 827,000 | 436,800 | 436,800 |
| provisions | 0 | 0 | 735,225 | 11,987 | 21,923 | 6,960 | 3,309 | 2,621 | 0 |
| total long term liabilities | 629,000 | 708,098 | 735,225 | 921,947 | 893,673 | 549,960 | 830,309 | 439,421 | 436,800 |
| total liabilities | 629,000 | 708,098 | 735,225 | 921,947 | 900,095 | 551,421 | 830,439 | 439,421 | 436,800 |
| net assets | 167,556 | 145,671 | 391,725 | 253,765 | 110,406 | 33,393 | 9,719 | 11,483 | 1,000 |
| total shareholders funds | 167,556 | 145,671 | 391,725 | 253,765 | 110,406 | 33,393 | 9,719 | 11,483 | 1,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 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 | -43,822 | -200,831 | -132,265 | 182,549 | 437,960 | -265,000 | 356,096 | 13,104 | 436,800 |
| Creditors | 0 | 0 | 0 | -6,422 | 4,961 | 1,331 | 130 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -735,225 | 723,238 | -9,936 | 14,963 | 3,651 | 688 | 2,621 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 25 | 0 | 250 | 0 | 0 | 0 | 130 |
| cash flow from investments | |||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -79,098 | 708,098 | -909,960 | 38,210 | 328,750 | -284,000 | 390,200 | 0 | 436,800 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -13,391 | -72,350 | 83,478 | -17,338 | -12,523 | 9,656 | 33,158 | 0 | 870 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -13,391 | -72,350 | 83,478 | -17,338 | -12,523 | 9,656 | 33,158 | 0 | 870 |
mysing investments 1 limited Credit Report and Business Information
Mysing Investments 1 Limited Competitor Analysis
Perform a competitor analysis for mysing investments 1 limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in WF5 area or any other competitors across 12 key performance metrics.
mysing investments 1 limited Ownership
MYSING INVESTMENTS 1 LIMITED group structure
Mysing Investments 1 Limited has no subsidiary companies.
Ultimate parent company
MYSING INVESTMENTS 1 LIMITED
09257892
mysing investments 1 limited directors
Mysing Investments 1 Limited currently has 1 director, Mr John Higgins serving since Oct 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Higgins | England | 54 years | Oct 2014 | - | Director |
P&L
March 2023turnover
3.6m
-1%
operating profit
26.2k
0%
gross margin
17.6%
+6.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
167.6k
+0.15%
total assets
796.6k
-0.07%
cash
11.6k
-0.54%
net assets
Total assets minus all liabilities
mysing investments 1 limited company details
company number
09257892
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2014
age
10
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
9 fryers way, ossett, wakefield, west yorkshire, WF5 9TJ
Bank
-
Legal Advisor
-
mysing investments 1 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 mysing investments 1 limited.
mysing investments 1 limited Companies House Filings - See Documents
| date | description | view/download |
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