midland casino hire ltd
midland casino hire ltd Company Information
Company Number
09573513
Website
www.midlandcasino.co.ukRegistered Address
2 eden court, nuneaton, warwickshire, CV10 9AG
Industry
Other amusement and recreation activities
Telephone
08001932122
Next Accounts Due
February 2025
Group Structure
View All
Directors
Andrew Knight9 Years
Shareholders
andrew knight 100%
midland casino hire ltd Estimated Valuation
Pomanda estimates the enterprise value of MIDLAND CASINO HIRE LTD at £142.2k based on a Turnover of £152.4k and 0.93x industry multiple (adjusted for size and gross margin).
midland casino hire ltd Estimated Valuation
Pomanda estimates the enterprise value of MIDLAND CASINO HIRE LTD at £0 based on an EBITDA of £-2.1k and a 3.62x industry multiple (adjusted for size and gross margin).
midland casino hire ltd Estimated Valuation
Pomanda estimates the enterprise value of MIDLAND CASINO HIRE LTD at £0 based on Net Assets of £-5.6k and 1.89x industry multiple (adjusted for liquidity).
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Midland Casino Hire Ltd Overview
Midland Casino Hire Ltd is a live company located in warwickshire, CV10 9AG with a Companies House number of 09573513. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in May 2015, it's largest shareholder is andrew knight with a 100% stake. Midland Casino Hire Ltd is a young, micro sized company, Pomanda has estimated its turnover at £152.4k with high growth in recent years.
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Midland Casino Hire Ltd Health Check
Pomanda's financial health check has awarded Midland Casino Hire Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £152.4k, make it smaller than the average company (£345.9k)
- Midland Casino Hire Ltd
£345.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (5.8%)
- Midland Casino Hire Ltd
5.8% - Industry AVG
Production
with a gross margin of 62.2%, this company has a comparable cost of product (62.2%)
- Midland Casino Hire Ltd
62.2% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (12.7%)
- Midland Casino Hire Ltd
12.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (10)
2 - Midland Casino Hire Ltd
10 - Industry AVG
Pay Structure
on an average salary of £17.8k, the company has an equivalent pay structure (£17.8k)
- Midland Casino Hire Ltd
£17.8k - Industry AVG
Efficiency
resulting in sales per employee of £76.2k, this is more efficient (£52.9k)
- Midland Casino Hire Ltd
£52.9k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is later than average (12 days)
- Midland Casino Hire Ltd
12 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (43 days)
- Midland Casino Hire Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Midland Casino Hire Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (103 weeks)
5 weeks - Midland Casino Hire Ltd
103 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 137.1%, this is a higher level of debt than the average (30%)
137.1% - Midland Casino Hire Ltd
30% - Industry AVG
MIDLAND CASINO HIRE LTD financials
Midland Casino Hire Ltd's latest turnover from May 2023 is estimated at £152.4 thousand and the company has net assets of -£5.6 thousand. According to their latest financial statements, Midland Casino Hire Ltd has 2 employees and maintains cash reserves of £2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,420 | 4,560 | 6,081 | 8,107 | 10,809 | 13,776 | 15,560 | 19,561 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,420 | 4,560 | 6,081 | 8,107 | 10,809 | 13,776 | 15,560 | 19,561 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 9,596 | 12,852 | 6,723 | 4,488 | 10,055 | 14,030 | 17,190 | 8,845 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 233 | 0 | 190 | 0 | 0 | 0 | 0 |
| Cash | 2,022 | 89 | 1,447 | 1,513 | 26 | 0 | 411 | 4,718 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| total current assets | 11,618 | 13,174 | 8,170 | 6,191 | 10,081 | 14,030 | 17,601 | 13,564 |
| total assets | 15,038 | 17,734 | 14,251 | 14,298 | 20,890 | 27,806 | 33,161 | 33,125 |
| Bank overdraft | 0 | 1,525 | 1,525 | 1,525 | 2,552 | 675 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,085 | 1,108 | 2,276 | 1,081 | 1,708 | 34 | 338 | 0 |
| Group/Directors Accounts | 12,489 | 11,170 | 18,648 | 16,805 | 10,818 | 18,232 | 24,334 | 17,956 |
| other short term finances | 0 | 0 | 3,813 | 2,320 | 1,214 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 1,149 | 2,105 |
| other current liabilities | 7,043 | 6,279 | 4,428 | 5,225 | 4,542 | 6,800 | 4,697 | 6,593 |
| total current liabilities | 20,617 | 20,082 | 30,690 | 26,956 | 20,834 | 25,741 | 30,518 | 26,654 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 877 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 877 |
| total liabilities | 20,617 | 20,082 | 30,690 | 26,956 | 20,834 | 25,741 | 30,518 | 27,531 |
| net assets | -5,579 | -2,348 | -16,439 | -12,658 | 56 | 2,065 | 2,643 | 5,594 |
| total shareholders funds | -5,579 | -2,348 | -16,439 | -12,658 | 56 | 2,065 | 2,643 | 5,594 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 1,140 | 1,521 | 2,026 | 2,702 | 3,603 | 4,588 | 5,185 | 6,522 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,489 | 6,362 | 2,045 | -5,377 | -3,975 | -3,160 | 8,345 | 8,845 |
| Creditors | -23 | -1,168 | 1,195 | -627 | 1,674 | -304 | 338 | 0 |
| Accruals and Deferred Income | 764 | 1,851 | -797 | 683 | -2,258 | 2,103 | -1,896 | 6,593 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,319 | -7,478 | 1,843 | 5,987 | -7,414 | -6,102 | 6,378 | 17,956 |
| Other Short Term Loans | 0 | -3,813 | 1,493 | 1,106 | 1,214 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -1,149 | -1,833 | 2,982 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 1,933 | -1,358 | -66 | 1,487 | 26 | -411 | -4,307 | 4,718 |
| overdraft | -1,525 | 0 | 0 | -1,027 | 1,877 | 675 | 0 | 0 |
| change in cash | 3,458 | -1,358 | -66 | 2,514 | -1,851 | -1,086 | -4,307 | 4,718 |
midland casino hire ltd Credit Report and Business Information
Midland Casino Hire Ltd Competitor Analysis
Perform a competitor analysis for midland casino hire ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in CV10 area or any other competitors across 12 key performance metrics.
midland casino hire ltd Ownership
MIDLAND CASINO HIRE LTD group structure
Midland Casino Hire Ltd has no subsidiary companies.
Ultimate parent company
MIDLAND CASINO HIRE LTD
09573513
midland casino hire ltd directors
Midland Casino Hire Ltd currently has 1 director, Mr Andrew Knight serving since May 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Knight | England | 44 years | May 2015 | - | Director |
P&L
May 2023turnover
152.4k
-10%
operating profit
-3.2k
0%
gross margin
62.2%
+0.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-5.6k
+1.38%
total assets
15k
-0.15%
cash
2k
+21.72%
net assets
Total assets minus all liabilities
midland casino hire ltd company details
company number
09573513
Type
Private limited with Share Capital
industry
93290 - Other amusement and recreation activities
incorporation date
May 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
AKTIV ACCOUNTS LIMITED
auditor
-
address
2 eden court, nuneaton, warwickshire, CV10 9AG
Bank
-
Legal Advisor
-
midland casino hire 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 midland casino hire ltd.
midland casino hire ltd Companies House Filings - See Documents
| date | description | view/download |
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