micore solutions limited
micore solutions limited Company Information
Company Number
09576565
Registered Address
69 st johns road, newport, isle of wight, PO30 1LW
Industry
Combined office administrative service activities
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Richard Geal9 Years
Shareholders
richard edward geal 100%
micore solutions limited Estimated Valuation
Pomanda estimates the enterprise value of MICORE SOLUTIONS LIMITED at £4.3k based on a Turnover of £16.9k and 0.25x industry multiple (adjusted for size and gross margin).
micore solutions limited Estimated Valuation
Pomanda estimates the enterprise value of MICORE SOLUTIONS LIMITED at £0 based on an EBITDA of £-309 and a 2.19x industry multiple (adjusted for size and gross margin).
micore solutions limited Estimated Valuation
Pomanda estimates the enterprise value of MICORE SOLUTIONS LIMITED at £436 based on Net Assets of £174 and 2.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Micore Solutions Limited Overview
Micore Solutions Limited is a live company located in isle of wight, PO30 1LW with a Companies House number of 09576565. It operates in the combined office administrative service activities sector, SIC Code 82110. Founded in May 2015, it's largest shareholder is richard edward geal with a 100% stake. Micore Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £16.9k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Micore Solutions Limited Health Check
Pomanda's financial health check has awarded Micore Solutions Limited a 1.5 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
1 Regular
7 Weak
Size
annual sales of £16.9k, make it smaller than the average company (£1.2m)
- Micore Solutions Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (5.5%)
- Micore Solutions Limited
5.5% - Industry AVG
Production
with a gross margin of 13.1%, this company has a higher cost of product (42.8%)
- Micore Solutions Limited
42.8% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (2.8%)
- Micore Solutions Limited
2.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Micore Solutions Limited
12 - Industry AVG
Pay Structure
on an average salary of £36k, the company has an equivalent pay structure (£36k)
- Micore Solutions Limited
£36k - Industry AVG
Efficiency
resulting in sales per employee of £16.9k, this is less efficient (£89.1k)
- Micore Solutions Limited
£89.1k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (30 days)
- Micore Solutions Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (29 days)
- Micore Solutions Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Micore Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Micore Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.6%, this is a higher level of debt than the average (53.9%)
68.6% - Micore Solutions Limited
53.9% - Industry AVG
MICORE SOLUTIONS LIMITED financials
Micore Solutions Limited's latest turnover from May 2023 is estimated at £16.9 thousand and the company has net assets of £174. According to their latest financial statements, Micore Solutions Limited has 1 employee and maintains cash reserves of 0 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 | 1 | 1 | 1 | |||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 554 | 816 | 1,497 | 1,371 | 719 | 747 | 50 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 770 | 1,527 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 273 | 154 | 0 |
| total current assets | 554 | 816 | 1,497 | 1,371 | 719 | 1,020 | 974 | 1,527 |
| total assets | 554 | 816 | 1,497 | 1,371 | 719 | 1,020 | 974 | 1,527 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 380 | 333 | 591 | 496 | 479 | 487 | 228 | 872 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 380 | 333 | 591 | 496 | 479 | 487 | 228 | 872 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 34 | 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 | 34 | 0 |
| total liabilities | 380 | 333 | 591 | 496 | 479 | 487 | 262 | 872 |
| net assets | 174 | 483 | 906 | 875 | 240 | 533 | 712 | 655 |
| total shareholders funds | 174 | 483 | 906 | 875 | 240 | 533 | 712 | 655 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -262 | -681 | 126 | 652 | -28 | 697 | 50 | 0 |
| Creditors | 47 | -258 | 95 | 17 | -8 | 259 | -644 | 872 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -34 | 34 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -770 | -757 | 1,527 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -770 | -757 | 1,527 |
micore solutions limited Credit Report and Business Information
Micore Solutions Limited Competitor Analysis
Perform a competitor analysis for micore solutions limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
micore solutions limited Ownership
MICORE SOLUTIONS LIMITED group structure
Micore Solutions Limited has no subsidiary companies.
Ultimate parent company
MICORE SOLUTIONS LIMITED
09576565
micore solutions limited directors
Micore Solutions Limited currently has 1 director, Mr Richard Geal serving since May 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Geal | England | 78 years | May 2015 | - | Director |
P&L
May 2023turnover
16.9k
-13%
operating profit
-309
0%
gross margin
13.1%
-15.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
174
-0.64%
total assets
554
-0.32%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
micore solutions limited company details
company number
09576565
Type
Private limited with Share Capital
industry
82110 - Combined office administrative service activities
incorporation date
May 2015
age
9
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
69 st johns road, newport, isle of wight, PO30 1LW
last accounts submitted
May 2023
micore solutions limited 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 micore solutions limited.
micore solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
