mysense group ltd
mysense group ltd Company Information
Company Number
09908877
Next Accounts
103 days late
Shareholders
ms lucie charlotte glenday
ashley head
View AllGroup Structure
View All
Industry
Business and domestic software development
Registered Address
7 bell yard, london, WC2A 2JR
Website
www.t7group.co.ukmysense group ltd Estimated Valuation
Pomanda estimates the enterprise value of MYSENSE GROUP LTD at £475.1k based on a Turnover of £550.1k and 0.86x industry multiple (adjusted for size and gross margin).
mysense group ltd Estimated Valuation
Pomanda estimates the enterprise value of MYSENSE GROUP LTD at £0 based on an EBITDA of £-2.3m and a 5.27x industry multiple (adjusted for size and gross margin).
mysense group ltd Estimated Valuation
Pomanda estimates the enterprise value of MYSENSE GROUP LTD at £0 based on Net Assets of £-7.7m and 2.38x industry multiple (adjusted for liquidity).
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Mysense Group Ltd Overview
Mysense Group Ltd is a live company located in london, WC2A 2JR with a Companies House number of 09908877. It operates in the business and domestic software development sector, SIC Code 62012. Founded in December 2015, it's largest shareholder is ms lucie charlotte glenday with a 45.9% stake. Mysense Group Ltd is a established, small sized company, Pomanda has estimated its turnover at £550.1k with high growth in recent years.
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Mysense Group Ltd Health Check
Pomanda's financial health check has awarded Mysense Group Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £550.1k, make it smaller than the average company (£3.3m)
- Mysense Group Ltd
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (8.3%)
- Mysense Group Ltd
8.3% - Industry AVG
Production
with a gross margin of 71.4%, this company has a comparable cost of product (71.4%)
- Mysense Group Ltd
71.4% - Industry AVG
Profitability
an operating margin of -409.4% make it less profitable than the average company (3.6%)
- Mysense Group Ltd
3.6% - Industry AVG
Employees
with 5 employees, this is below the industry average (29)
5 - Mysense Group Ltd
29 - Industry AVG
Pay Structure
on an average salary of £65.5k, the company has an equivalent pay structure (£65.5k)
- Mysense Group Ltd
£65.5k - Industry AVG
Efficiency
resulting in sales per employee of £110k, this is equally as efficient (£110k)
- Mysense Group Ltd
£110k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mysense Group Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mysense Group Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mysense Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 59 weeks, this is more cash available to meet short term requirements (20 weeks)
59 weeks - Mysense Group Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11073.2%, this is a higher level of debt than the average (61.5%)
11073.2% - Mysense Group Ltd
61.5% - Industry AVG
MYSENSE GROUP LTD financials
Mysense Group Ltd's latest turnover from March 2023 is estimated at £550.1 thousand and the company has net assets of -£7.7 million. According to their latest financial statements, Mysense Group Ltd has 5 employees and maintains cash reserves of £17.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 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 | 5 | 5 | 5 | 3 | 4 | 4 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,121 | 1,496 | |||||
| Intangible Assets | |||||||
| Investments & Other | 100 | 200 | 200 | 100 | 100 | 100 | 320 |
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 100 | 200 | 200 | 100 | 100 | 1,221 | 1,816 |
| Stock & work in progress | |||||||
| Trade Debtors | |||||||
| Group Debtors | 1,000 | 1,000 | 1,000 | 33,525 | |||
| Misc Debtors | 51,816 | 34,671 | 16,311 | 32,722 | 12,931 | ||
| Cash | 17,875 | 4,047 | 293 | 8,192 | 45,543 | ||
| misc current assets | |||||||
| total current assets | 69,691 | 38,718 | 16,604 | 1,000 | 1,000 | 41,914 | 91,999 |
| total assets | 69,791 | 38,918 | 16,804 | 1,100 | 1,100 | 43,135 | 93,815 |
| Bank overdraft | 10,648 | 32 | 57 | ||||
| Bank loan | |||||||
| Trade Creditors | 14,400 | 3,032 | |||||
| Group/Directors Accounts | 2,083 | 2,183 | 2,183 | 4,383 | 2,083 | ||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 2,899 | 44,670 | 45,680 | 2,369 | 2,535 | 41,161 | 73,880 |
| total current liabilities | 15,630 | 61,253 | 47,863 | 6,784 | 4,675 | 41,161 | 76,912 |
| loans | 3,351,444 | 4,946,916 | 3,902,877 | 1,661,390 | |||
| hp & lease commitments | 4,128,125 | ||||||
| Accruals and Deferred Income | 232,923 | 132,874 | |||||
| other liabilities | |||||||
| provisions | 160 | 385 | 299 | ||||
| total long term liabilities | 7,712,492 | 5,079,790 | 3,902,877 | 1,661,390 | 160 | 385 | 299 |
| total liabilities | 7,728,122 | 5,141,043 | 3,950,740 | 1,668,174 | 4,835 | 41,546 | 77,211 |
| net assets | -7,658,331 | -5,102,125 | -3,933,936 | -1,667,074 | -3,735 | 1,589 | 16,604 |
| total shareholders funds | -7,658,331 | -5,102,125 | -3,933,936 | -1,667,074 | -3,735 | 1,589 | 16,604 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 280 | 375 | 499 | ||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 17,145 | 18,360 | 15,311 | -32,722 | 33,722 | 46,456 | |
| Creditors | -14,400 | 14,400 | 3,032 | ||||
| Accruals and Deferred Income | 58,278 | 131,864 | 43,311 | -166 | -38,626 | 41,161 | 73,880 |
| Deferred Taxes & Provisions | -160 | -225 | 385 | 299 | |||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -100 | 100 | 100 | 320 | |||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | -100 | -2,200 | 2,300 | 2,083 | |||
| Other Short Term Loans | |||||||
| Long term loans | -1,595,472 | 1,044,039 | 2,241,487 | 1,661,390 | |||
| Hire Purchase and Lease Commitments | 4,128,125 | ||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 13,828 | 3,754 | 293 | -8,192 | 8,192 | 45,543 | |
| overdraft | 10,648 | -32 | -25 | 57 | |||
| change in cash | 3,180 | 3,754 | 325 | 25 | -8,249 | 8,192 | 45,543 |
mysense group ltd Credit Report and Business Information
Mysense Group Ltd Competitor Analysis
Perform a competitor analysis for mysense group ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in WC2A area or any other competitors across 12 key performance metrics.
mysense group ltd Ownership
MYSENSE GROUP LTD group structure
Mysense Group Ltd has 2 subsidiary companies.
Ultimate parent company
MYSENSE GROUP LTD
09908877
2 subsidiaries
mysense group ltd directors
Mysense Group Ltd currently has 5 directors. The longest serving directors include Mr Ashley Head (Oct 2019) and Ms Pauline Bradley (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ashley Head | England | 74 years | Oct 2019 | - | Director |
| Ms Pauline Bradley | Scotland | 63 years | Feb 2023 | - | Director |
| Mr Paul Slater | 58 years | Nov 2023 | - | Director | |
| Ms Jacquline Gale | 61 years | Nov 2023 | - | Director | |
| Mr David Armour | Scotland | 59 years | Jul 2024 | - | Director |
P&L
March 2023turnover
550.1k
+27%
operating profit
-2.3m
0%
gross margin
71.5%
-2.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-7.7m
+0.5%
total assets
69.8k
+0.79%
cash
17.9k
+3.42%
net assets
Total assets minus all liabilities
mysense group ltd company details
company number
09908877
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
December 2015
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
t7 group limited (February 2019)
table 7 consulting limited (August 2016)
accountant
AZETS AUDIT SERVICES
auditor
-
address
7 bell yard, london, WC2A 2JR
Bank
-
Legal Advisor
-
mysense group 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 found 8 charges/mortgages relating to mysense group ltd. Currently there are 8 open charges and 0 have been satisfied in the past.
mysense group 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 MYSENSE GROUP LTD. This can take several minutes, an email will notify you when this has completed.
mysense group ltd Companies House Filings - See Documents
| date | description | view/download |
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