neil mitchell & associates ltd
neil mitchell & associates ltd Company Information
Company Number
09511028
Website
neilmitchell.co.ukRegistered Address
5 ducketts wharf south street, bishop's stortford, hertfordshire, CM23 3AR
Industry
Other business support service activities n.e.c.
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Directors
Neil Mitchell9 Years
Shareholders
neil andrew mitchell 100%
neil mitchell & associates ltd Estimated Valuation
Pomanda estimates the enterprise value of NEIL MITCHELL & ASSOCIATES LTD at £41.2k based on a Turnover of £68.5k and 0.6x industry multiple (adjusted for size and gross margin).
neil mitchell & associates ltd Estimated Valuation
Pomanda estimates the enterprise value of NEIL MITCHELL & ASSOCIATES LTD at £42.5k based on an EBITDA of £10.3k and a 4.11x industry multiple (adjusted for size and gross margin).
neil mitchell & associates ltd Estimated Valuation
Pomanda estimates the enterprise value of NEIL MITCHELL & ASSOCIATES LTD at £288.1k based on Net Assets of £88.5k and 3.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Neil Mitchell & Associates Ltd Overview
Neil Mitchell & Associates Ltd is a live company located in hertfordshire, CM23 3AR with a Companies House number of 09511028. It operates in the regulation of and contribution to more efficient operation of businesses sector, SIC Code 84130. Founded in March 2015, it's largest shareholder is neil andrew mitchell with a 100% stake. Neil Mitchell & Associates Ltd is a young, micro sized company, Pomanda has estimated its turnover at £68.5k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Neil Mitchell & Associates Ltd Health Check
Pomanda's financial health check has awarded Neil Mitchell & Associates Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £68.5k, make it smaller than the average company (£1.6m)
- Neil Mitchell & Associates Ltd
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (7.4%)
- Neil Mitchell & Associates Ltd
7.4% - Industry AVG
Production
with a gross margin of 58.6%, this company has a comparable cost of product (58.6%)
- Neil Mitchell & Associates Ltd
58.6% - Industry AVG
Profitability
an operating margin of 14.4% make it more profitable than the average company (7%)
- Neil Mitchell & Associates Ltd
7% - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
1 - Neil Mitchell & Associates Ltd
11 - Industry AVG
Pay Structure
on an average salary of £42.4k, the company has an equivalent pay structure (£42.4k)
- Neil Mitchell & Associates Ltd
£42.4k - Industry AVG
Efficiency
resulting in sales per employee of £68.5k, this is less efficient (£109.9k)
- Neil Mitchell & Associates Ltd
£109.9k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (35 days)
- Neil Mitchell & Associates Ltd
35 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Neil Mitchell & Associates Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Neil Mitchell & Associates Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 651 weeks, this is more cash available to meet short term requirements (61 weeks)
651 weeks - Neil Mitchell & Associates Ltd
61 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.6%, this is a lower level of debt than the average (51.1%)
7.6% - Neil Mitchell & Associates Ltd
51.1% - Industry AVG
NEIL MITCHELL & ASSOCIATES LTD financials
Neil Mitchell & Associates Ltd's latest turnover from March 2024 is estimated at £68.5 thousand and the company has net assets of £88.5 thousand. According to their latest financial statements, Neil Mitchell & Associates Ltd has 1 employee and maintains cash reserves of £91.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,480 | 1,375 | 394 | 526 | 701 | 935 | 1,020 | 1 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,480 | 1,375 | 394 | 526 | 701 | 935 | 1,020 | 1 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,640 | 27,104 | 0 | 0 | 104,997 | 110,783 | 101,011 | 84,984 | 5,850 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,517 | 0 |
| Cash | 91,703 | 58,446 | 61,833 | 90,184 | 0 | 0 | 0 | 0 | 22,332 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 94,343 | 85,550 | 61,833 | 90,184 | 104,997 | 110,783 | 101,011 | 89,501 | 28,182 |
| total assets | 95,823 | 86,925 | 62,227 | 90,710 | 105,698 | 111,718 | 102,031 | 89,502 | 28,182 |
| 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 | 19,547 | 28,192 | 18,262 | 31,467 | 15,835 |
| 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 | 7,319 | 8,617 | 6,186 | 2,411 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 7,319 | 8,617 | 6,186 | 2,411 | 19,547 | 28,192 | 18,262 | 31,467 | 15,835 |
| loans | 0 | 0 | 0 | 25,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 25,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 7,319 | 8,617 | 6,186 | 27,411 | 19,547 | 28,192 | 18,262 | 31,467 | 15,835 |
| net assets | 88,504 | 78,308 | 56,041 | 63,299 | 86,151 | 83,526 | 83,769 | 58,035 | 12,347 |
| total shareholders funds | 88,504 | 78,308 | 56,041 | 63,299 | 86,151 | 83,526 | 83,769 | 58,035 | 12,347 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 494 | 458 | 132 | 0 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -24,464 | 27,104 | 0 | -104,997 | -5,786 | 9,772 | 11,510 | 83,651 | 5,850 |
| Creditors | 0 | 0 | 0 | -19,547 | -8,645 | 9,930 | -13,205 | 15,632 | 15,835 |
| Accruals and Deferred Income | -1,298 | 2,431 | 3,775 | 2,411 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -25,000 | 25,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 33,257 | -3,387 | -28,351 | 90,184 | 0 | 0 | 0 | -22,332 | 22,332 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 33,257 | -3,387 | -28,351 | 90,184 | 0 | 0 | 0 | -22,332 | 22,332 |
neil mitchell & associates ltd Credit Report and Business Information
Neil Mitchell & Associates Ltd Competitor Analysis
Perform a competitor analysis for neil mitchell & associates ltd by selecting its closest rivals, whether from the PUBLIC ADMINISTRATION AND DEFENCE; COMPULSORY SOCIAL SECURITY sector, other micro companies, companies in CM23 area or any other competitors across 12 key performance metrics.
neil mitchell & associates ltd Ownership
NEIL MITCHELL & ASSOCIATES LTD group structure
Neil Mitchell & Associates Ltd has no subsidiary companies.
Ultimate parent company
NEIL MITCHELL & ASSOCIATES LTD
09511028
neil mitchell & associates ltd directors
Neil Mitchell & Associates Ltd currently has 1 director, Mr Neil Mitchell serving since Mar 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Mitchell | United Kingdom | 48 years | Mar 2015 | - | Director |
P&L
March 2024turnover
68.5k
-61%
operating profit
9.8k
0%
gross margin
58.6%
-0.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
88.5k
+0.13%
total assets
95.8k
+0.1%
cash
91.7k
+0.57%
net assets
Total assets minus all liabilities
neil mitchell & associates ltd company details
company number
09511028
Type
Private limited with Share Capital
industry
84130 - Regulation of and contribution to more efficient operation of businesses
82990 - Other business support service activities n.e.c.
70229 - Management consultancy activities (other than financial management)
incorporation date
March 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
MANSELL & CO
auditor
-
address
5 ducketts wharf south street, bishop's stortford, hertfordshire, CM23 3AR
Bank
-
Legal Advisor
-
neil mitchell & associates 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 neil mitchell & associates ltd.
neil mitchell & associates ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
