Pomanda estimates the enterprise value of MIKE L C S LTD at £121.7k based on a Turnover of £153k and 0.8x industry multiple (adjusted for size and gross margin).
mike l c s ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MIKE L C S LTD at £0 based on an EBITDA of £-9.2k and a 2.74x industry multiple (adjusted for size and gross margin).
mike l c s ltdEstimated Valuation
£69k
Pomanda estimates the enterprise value of MIKE L C S LTD at £69k based on Net Assets of £52.9k and 1.31x industry multiple (adjusted for liquidity).
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Mike L C S LtdOverview
Mike L C S Ltd is a live company located in london, NW9 9PJ with a Companies House number of 09283070. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in October 2014, it's largest shareholder is
michael soares
with a 100% stake. Mike L C S Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£153k with
low
growth in recent years.
Pomanda's financial health check has awarded Mike L C S Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £153k, make it smaller than the average company (£4.8m)
£153k - Mike L C S Ltd
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (4%)
1% - Mike L C S Ltd
4% - Industry AVG
Production
with a gross margin of 16.2%, this company has a higher cost of product (57.7%)
16.2% - Mike L C S Ltd
57.7% - Industry AVG
Profitability
an operating margin of -6% make it less profitable than the average company (9.6%)
-6% - Mike L C S Ltd
9.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
1 - Mike L C S Ltd
13 - Industry AVG
Pay Structure
on an average salary of £78.1k, the company has an equivalent pay structure (£78.1k)
£78.1k - Mike L C S Ltd
£78.1k - Industry AVG
Efficiency
resulting in sales per employee of £153k, this is less efficient (£204.2k)
£153k - Mike L C S Ltd
£204.2k - Industry AVG
Debtor Days
it gets paid by customers after 126 days, this is later than average (33 days)
126 days - Mike L C S Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (48 days)
0 days - Mike L C S Ltd
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mike L C S Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mike L C S Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.4%, this is a lower level of debt than the average (69%)
0.4% - Mike L C S Ltd
69% - Industry AVG
MIKE L C S LTD financials
EXPORT
Mike L C S Ltd's latest turnover from October 2023 is estimated at £153 thousand and the company has net assets of £52.9 thousand. According to their latest financial statements, we estimate that Mike L C S Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Turnover
152,992
167,605
141,016
148,646
146,504
202,785
180,553
17,639
13,271
Other Income Or Grants
Cost Of Sales
128,200
138,999
116,005
119,715
119,751
160,058
141,407
12,190
9,196
Gross Profit
24,792
28,606
25,011
28,931
26,752
42,728
39,146
5,449
4,075
Admin Expenses
34,021
30,420
17,371
32,551
24,622
33,002
20,529
-24,103
-11,987
Operating Profit
-9,229
-1,814
7,640
-3,620
2,130
9,726
18,617
29,552
16,062
Interest Payable
Interest Receivable
73
112
78
Pre-Tax Profit
-9,229
-1,814
7,640
-3,620
2,130
9,726
18,690
29,664
16,140
Tax
-1,452
-405
-1,848
-3,551
-5,933
-3,228
Profit After Tax
-9,229
-1,814
6,188
-3,620
1,725
7,878
15,139
23,731
12,912
Dividends Paid
Retained Profit
-9,229
-1,814
6,188
-3,620
1,725
7,878
15,139
23,731
12,912
Employee Costs
78,075
73,557
70,150
68,928
69,889
67,190
63,868
62,402
58,934
Number Of Employees
1
1
1
1
1
1
1
1
1
EBITDA*
-9,229
-1,814
7,640
-3,620
2,130
9,726
18,617
29,552
16,062
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
53,110
63,860
67,351
66,622
70,692
70,788
64,238
Group Debtors
Misc Debtors
Cash
58,209
31,154
misc current assets
total current assets
53,110
63,860
67,351
66,622
70,692
70,788
64,238
58,209
31,154
total assets
53,110
63,860
67,351
66,622
70,692
70,788
64,238
58,209
31,154
Bank overdraft
Bank loan
Trade Creditors
200
1,721
3,398
8,857
9,307
11,128
12,456
21,565
18,241
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
200
1,721
3,398
8,857
9,307
11,128
12,456
21,565
18,241
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
200
1,721
3,398
8,857
9,307
11,128
12,456
21,565
18,241
net assets
52,910
62,139
63,953
57,765
61,385
59,660
51,782
36,644
12,913
total shareholders funds
52,910
62,139
63,953
57,765
61,385
59,660
51,782
36,644
12,913
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Operating Activities
Operating Profit
-9,229
-1,814
7,640
-3,620
2,130
9,726
18,617
29,552
16,062
Depreciation
Amortisation
Tax
-1,452
-405
-1,848
-3,551
-5,933
-3,228
Stock
Debtors
-10,750
-3,491
729
-4,070
-96
6,550
64,238
Creditors
-1,521
-1,677
-5,459
-450
-1,821
-1,328
-9,109
3,324
18,241
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-58,281
26,943
31,075
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1
1
interest
73
112
78
cash flow from financing
72
112
79
cash and cash equivalents
cash
-58,209
27,055
31,154
overdraft
change in cash
-58,209
27,055
31,154
mike l c s ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for mike l c s ltd. Get real-time insights into mike l c s ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mike l c s ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in NW9 area or any other competitors across 12 key performance metrics.
mike l c s ltd Ownership
MIKE L C S LTD group structure
Mike L C S Ltd has no subsidiary companies.
Ultimate parent company
MIKE L C S LTD
09283070
MIKE L C S LTD Shareholders
The sole shareholder of Mike L C S Ltd is Michael Soares.
michael soares
100%
mike l c s ltd directors
Mike L C S Ltd currently has 1 director, Mr Michael Soares serving since Oct 2014.
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
October 2014
age
11
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
67 crundale ave, london, NW9 9PJ
Bank
-
Legal Advisor
-
mike l c s 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 mike l c s ltd.
mike l c s 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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mike l c s ltdCompanies House Filings - See Documents
