mindbank elite ltd
mindbank elite ltd Company Information
Company Number
09297762
Next Accounts
Dec 2024
Industry
Other human health activities
Directors
Shareholders
applied psychology ltd
Group Structure
View All
Contact
Registered Address
clifton house partnership, clifton house, cardiff, CF24 1LE
Website
www.mindbankelite.commindbank elite ltd Estimated Valuation
Pomanda estimates the enterprise value of MINDBANK ELITE LTD at £22.5k based on a Turnover of £40.7k and 0.55x industry multiple (adjusted for size and gross margin).
mindbank elite ltd Estimated Valuation
Pomanda estimates the enterprise value of MINDBANK ELITE LTD at £0 based on an EBITDA of £-677 and a 4.21x industry multiple (adjusted for size and gross margin).
mindbank elite ltd Estimated Valuation
Pomanda estimates the enterprise value of MINDBANK ELITE LTD at £38.5k based on Net Assets of £15.7k and 2.46x industry multiple (adjusted for liquidity).
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Mindbank Elite Ltd Overview
Mindbank Elite Ltd is a dissolved company that was located in cardiff, CF24 1LE with a Companies House number of 09297762. It operated in the other human health activities sector, SIC Code 86900. Founded in November 2014, it's largest shareholder was applied psychology ltd with a 100% stake. The last turnover for Mindbank Elite Ltd was estimated at £40.7k.
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Mindbank Elite Ltd Health Check
Pomanda's financial health check has awarded Mindbank Elite Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
5 Weak
Size
annual sales of £40.7k, make it smaller than the average company (£633.4k)
- Mindbank Elite Ltd
£633.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mindbank Elite Ltd
- - Industry AVG
Production
with a gross margin of 34.5%, this company has a comparable cost of product (34.5%)
- Mindbank Elite Ltd
34.5% - Industry AVG
Profitability
an operating margin of -3.2% make it less profitable than the average company (6.9%)
- Mindbank Elite Ltd
6.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (20)
1 - Mindbank Elite Ltd
20 - Industry AVG
Pay Structure
on an average salary of £22.1k, the company has an equivalent pay structure (£22.1k)
- Mindbank Elite Ltd
£22.1k - Industry AVG
Efficiency
resulting in sales per employee of £40.7k, this is equally as efficient (£40.7k)
- Mindbank Elite Ltd
£40.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mindbank Elite Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mindbank Elite Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mindbank Elite Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (114 weeks)
5 weeks - Mindbank Elite Ltd
114 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.1%, this is a higher level of debt than the average (23.8%)
40.1% - Mindbank Elite Ltd
23.8% - Industry AVG
MINDBANK ELITE LTD financials
Mindbank Elite Ltd's latest turnover from May 2019 is estimated at £40.7 thousand and the company has net assets of £15.7 thousand. According to their latest financial statements, Mindbank Elite Ltd has 1 employee and maintains cash reserves of £1.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2019 | May 2018 | Nov 2016 | Nov 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 | 1 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2019 | May 2018 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|
| Tangible Assets | 139 | 780 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 139 | 780 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 22,090 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 24,942 | 0 | 2 | 0 |
| Cash | 1,086 | 16,700 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 26,028 | 38,790 | 2 | 0 |
| total assets | 26,167 | 39,570 | 2 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 9,998 | 12,998 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 500 | 9,651 | 0 | 0 |
| total current liabilities | 10,498 | 22,649 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 10,498 | 22,649 | 0 | 0 |
| net assets | 15,669 | 16,921 | 2 | 0 |
| total shareholders funds | 15,669 | 16,921 | 2 | 0 |
| May 2019 | May 2018 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 641 | 1,851 | 0 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 2,852 | 22,090 | 2 | 0 |
| Creditors | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -9,151 | 9,651 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -3,000 | 12,998 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -15,614 | 16,700 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -15,614 | 16,700 | 0 | 0 |
mindbank elite ltd Credit Report and Business Information
Mindbank Elite Ltd Competitor Analysis
Perform a competitor analysis for mindbank elite ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other undefined companies, companies in CF24 area or any other competitors across 12 key performance metrics.
mindbank elite ltd Ownership
MINDBANK ELITE LTD group structure
Mindbank Elite Ltd has no subsidiary companies.
mindbank elite ltd directors
Mindbank Elite Ltd currently has 1 director, Mr Mike Nelmes serving since Nov 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mike Nelmes | Wales | 64 years | Nov 2014 | - | Director |
P&L
May 2019turnover
40.7k
-77%
operating profit
-1.3k
0%
gross margin
34.6%
-0.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2019net assets
15.7k
-0.07%
total assets
26.2k
-0.34%
cash
1.1k
-0.93%
net assets
Total assets minus all liabilities
mindbank elite ltd company details
company number
09297762
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
November 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2019
previous names
N/A
accountant
-
auditor
-
address
clifton house partnership, clifton house, cardiff, CF24 1LE
Bank
-
Legal Advisor
-
mindbank elite 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 mindbank elite ltd.
mindbank elite 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.
Click to start generating capital raising & share issue transactions for MINDBANK ELITE LTD. This can take several minutes, an email will notify you when this has completed.
mindbank elite ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
