mikes team ltd

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mikes team ltd Company Information

Share MIKES TEAM LTD
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Company Number

09444242

Registered Address

3 redshank court, 35 harrier road, london, NW9 5BZ

Industry

Other building completion and finishing

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

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Directors

Domnica Dura9 Years

Shareholders

domnica dura 100%

mikes team ltd Estimated Valuation

£21.2k

Pomanda estimates the enterprise value of MIKES TEAM LTD at £21.2k based on a Turnover of £77.9k and 0.27x industry multiple (adjusted for size and gross margin).

mikes team ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MIKES TEAM LTD at £0 based on an EBITDA of £-589 and a 2.92x industry multiple (adjusted for size and gross margin).

mikes team ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MIKES TEAM LTD at £0 based on Net Assets of £-450 and 2.12x industry multiple (adjusted for liquidity).

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Mikes Team Ltd Overview

Mikes Team Ltd is a live company located in london, NW9 5BZ with a Companies House number of 09444242. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in February 2015, it's largest shareholder is domnica dura with a 100% stake. Mikes Team Ltd is a young, micro sized company, Pomanda has estimated its turnover at £77.9k with low growth in recent years.

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Mikes Team Ltd Health Check

Pomanda's financial health check has awarded Mikes Team Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £77.9k, make it smaller than the average company (£326.2k)

£77.9k - Mikes Team Ltd

£326.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (7%)

3% - Mikes Team Ltd

7% - Industry AVG

production

Production

with a gross margin of 14.6%, this company has a higher cost of product (24.9%)

14.6% - Mikes Team Ltd

24.9% - Industry AVG

profitability

Profitability

an operating margin of -0.8% make it less profitable than the average company (7%)

-0.8% - Mikes Team Ltd

7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Mikes Team Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.9k, the company has an equivalent pay structure (£32.9k)

£32.9k - Mikes Team Ltd

£32.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £38.9k, this is less efficient (£129.1k)

£38.9k - Mikes Team Ltd

£129.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 57 days, this is near the average (49 days)

57 days - Mikes Team Ltd

49 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Mikes Team Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mikes Team Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Mikes Team Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 103.7%, this is a higher level of debt than the average (75.4%)

103.7% - Mikes Team Ltd

75.4% - Industry AVG

MIKES TEAM LTD financials

EXPORTms excel logo

Mikes Team Ltd's latest turnover from March 2023 is estimated at £77.9 thousand and the company has net assets of -£450. According to their latest financial statements, Mikes Team Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Turnover77,856104,048152,24770,87163,22257,78452,30149,541
Other Income Or Grants00000000
Cost Of Sales66,48288,570127,14259,33251,81547,77542,83139,967
Gross Profit11,37415,47825,10511,53911,40710,0089,4709,574
Admin Expenses11,96316,31224,52410,96511,5909,9019,3759,503
Operating Profit-589-834581574-1831079571
Interest Payable00000000
Interest Receivable00000000
Pre-Tax Profit-589-834581574-1831079571
Tax00-110-1090-20-19-14
Profit After Tax-589-834471465-183877657
Dividends Paid00000000
Retained Profit-589-834471465-183877657
Employee Costs65,804101,30298,94431,21833,22931,61335,91038,497
Number Of Employees23311111
EBITDA*-589-834581574-1831079571

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Tangible Assets00000000
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets00000000
Stock & work in progress00000000
Trade Debtors12,18527,03244,98615,69814,02213,14511,40211,571
Group Debtors00000000
Misc Debtors00000000
Cash00000000
misc current assets00000000
total current assets12,18527,03244,98615,69814,02213,14511,40211,571
total assets12,18527,03244,98615,69814,02213,14511,40211,571
Bank overdraft00000000
Bank loan00000000
Trade Creditors 010,26824,06315,19613,98512,92511,26911,514
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000000
total current liabilities010,26824,06315,19613,98512,92511,26911,514
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities12,63516,62519,95000000
provisions00000000
total long term liabilities12,63516,62519,95000000
total liabilities12,63526,89344,01315,19613,98512,92511,26911,514
net assets-4501399735023722013357
total shareholders funds-4501399735023722013357
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating Activities
Operating Profit-589-834581574-1831079571
Depreciation00000000
Amortisation00000000
Tax00-110-1090-20-19-14
Stock00000000
Debtors-14,847-17,95429,2881,6768771,743-16911,571
Creditors-10,268-13,7958,8671,2111,0601,656-24511,514
Accruals and Deferred Income00000000
Deferred Taxes & Provisions00000000
Cash flow from operations3,9903,325-19,95000000
Investing Activities
capital expenditure00000000
Change in Investments00000000
cash flow from investments00000000
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities-3,990-3,32519,95000000
share issue00000000
interest00000000
cash flow from financing-3,990-3,32519,95000000
cash and cash equivalents
cash00000000
overdraft00000000
change in cash00000000

mikes team ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Mikes Team Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mikes team ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NW9 area or any other competitors across 12 key performance metrics.

mikes team ltd Ownership

MIKES TEAM LTD group structure

Mikes Team Ltd has no subsidiary companies.

Ultimate parent company

MIKES TEAM LTD

09444242

MIKES TEAM LTD Shareholders

domnica dura 100%

mikes team ltd directors

Mikes Team Ltd currently has 1 director, Mrs Domnica Dura serving since Apr 2015.

officercountryagestartendrole
Mrs Domnica DuraEngland68 years Apr 2015- Director

P&L

March 2023

turnover

77.9k

-25%

operating profit

-589

0%

gross margin

14.7%

-1.8%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

-450

-4.24%

total assets

12.2k

-0.55%

cash

0

0%

net assets

Total assets minus all liabilities

mikes team ltd company details

company number

09444242

Type

Private limited with Share Capital

industry

43390 - Other building completion and finishing

incorporation date

February 2015

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

3 redshank court, 35 harrier road, london, NW9 5BZ

Bank

-

Legal Advisor

-

mikes team 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 mikes team ltd.

charges

mikes team ltd Companies House Filings - See Documents

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