milvum engineering services ltd
milvum engineering services ltd Company Information
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
71-75 shelton street, covent garden, london, WC2H 9JQ
Website
www.milvumgroup.commilvum engineering services ltd Estimated Valuation
Pomanda estimates the enterprise value of MILVUM ENGINEERING SERVICES LTD at £88.1k based on a Turnover of £165.7k and 0.53x industry multiple (adjusted for size and gross margin).
milvum engineering services ltd Estimated Valuation
Pomanda estimates the enterprise value of MILVUM ENGINEERING SERVICES LTD at £13.2k based on an EBITDA of £3.1k and a 4.29x industry multiple (adjusted for size and gross margin).
milvum engineering services ltd Estimated Valuation
Pomanda estimates the enterprise value of MILVUM ENGINEERING SERVICES LTD at £380 based on Net Assets of £143 and 2.66x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Milvum Engineering Services Ltd Overview
Milvum Engineering Services Ltd is a live company located in london, WC2H 9JQ with a Companies House number of 09969213. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in January 2016, it's largest shareholder is milvum group ltd with a 100% stake. Milvum Engineering Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £165.7k with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Milvum Engineering Services Ltd Health Check
Pomanda's financial health check has awarded Milvum Engineering Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
6 Weak
Size
annual sales of £165.7k, make it smaller than the average company (£406.3k)
- Milvum Engineering Services Ltd
£406.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (9.6%)
- Milvum Engineering Services Ltd
9.6% - Industry AVG
Production
with a gross margin of 60.9%, this company has a comparable cost of product (60.9%)
- Milvum Engineering Services Ltd
60.9% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (8.3%)
- Milvum Engineering Services Ltd
8.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Milvum Engineering Services Ltd
4 - Industry AVG
Pay Structure
on an average salary of £49.6k, the company has an equivalent pay structure (£49.6k)
- Milvum Engineering Services Ltd
£49.6k - Industry AVG
Efficiency
resulting in sales per employee of £82.9k, this is less efficient (£120.1k)
- Milvum Engineering Services Ltd
£120.1k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is near the average (65 days)
- Milvum Engineering Services Ltd
65 days - Industry AVG
Creditor Days
its suppliers are paid after 87 days, this is slower than average (25 days)
- Milvum Engineering Services Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Milvum Engineering Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is average cash available to meet short term requirements (27 weeks)
23 weeks - Milvum Engineering Services Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (53.5%)
99.8% - Milvum Engineering Services Ltd
53.5% - Industry AVG
MILVUM ENGINEERING SERVICES LTD financials
Milvum Engineering Services Ltd's latest turnover from January 2024 is estimated at £165.7 thousand and the company has net assets of £143. According to their latest financial statements, Milvum Engineering Services Ltd has 2 employees and maintains cash reserves of £15 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,906 | 8,072 | 9,550 | 9,424 | 10,922 | 5,830 | 1,663 | 1,379 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 7,906 | 8,072 | 9,550 | 9,424 | 10,922 | 5,830 | 1,663 | 1,379 |
| Stock & work in progress | ||||||||
| Trade Debtors | 27,798 | 25,824 | 21,198 | 42,961 | 75,943 | 80,899 | 60,958 | 43,036 |
| Group Debtors | ||||||||
| Misc Debtors | 6,000 | 6,000 | ||||||
| Cash | 15,011 | 28,901 | 49,425 | 59,941 | ||||
| misc current assets | 534 | 104 | ||||||
| total current assets | 49,343 | 60,725 | 70,727 | 102,902 | 75,943 | 80,899 | 60,958 | 43,036 |
| total assets | 57,249 | 68,797 | 80,277 | 112,326 | 86,865 | 86,729 | 62,621 | 44,415 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 15,526 | 8,192 | 14,306 | 9,257 | 29,006 | 55,027 | 32,532 | 22,508 |
| Group/Directors Accounts | 355 | 2,981 | ||||||
| other short term finances | ||||||||
| hp & lease commitments | 5,621 | |||||||
| other current liabilities | 17,413 | 24,620 | 19,919 | 22,110 | ||||
| total current liabilities | 32,939 | 33,167 | 34,225 | 39,969 | 29,006 | 55,027 | 32,532 | 22,508 |
| loans | 24,167 | 34,167 | 44,167 | 50,000 | ||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 5,249 | |||||||
| provisions | ||||||||
| total long term liabilities | 24,167 | 34,167 | 44,167 | 50,000 | 5,249 | |||
| total liabilities | 57,106 | 67,334 | 78,392 | 89,969 | 34,255 | 55,027 | 32,532 | 22,508 |
| net assets | 143 | 1,463 | 1,885 | 22,357 | 52,610 | 31,702 | 30,089 | 21,907 |
| total shareholders funds | 143 | 1,463 | 1,885 | 22,357 | 52,610 | 31,702 | 30,089 | 21,907 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 2,261 | 2,143 | 2,387 | |||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 1,974 | 10,626 | -21,763 | -32,982 | -4,956 | 19,941 | 17,922 | 43,036 |
| Creditors | 7,334 | -6,114 | 5,049 | -19,749 | -26,021 | 22,495 | 10,024 | 22,508 |
| Accruals and Deferred Income | -7,207 | 4,701 | -2,191 | 22,110 | ||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -355 | 355 | -2,981 | 2,981 | ||||
| Other Short Term Loans | ||||||||
| Long term loans | -10,000 | -10,000 | -5,833 | 50,000 | ||||
| Hire Purchase and Lease Commitments | -5,621 | 5,621 | ||||||
| other long term liabilities | -5,249 | 5,249 | ||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -13,890 | -20,524 | -10,516 | 59,941 | ||||
| overdraft | ||||||||
| change in cash | -13,890 | -20,524 | -10,516 | 59,941 |
milvum engineering services ltd Credit Report and Business Information
Milvum Engineering Services Ltd Competitor Analysis
Perform a competitor analysis for milvum engineering services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.
milvum engineering services ltd Ownership
MILVUM ENGINEERING SERVICES LTD group structure
Milvum Engineering Services Ltd has 1 subsidiary company.
Ultimate parent company
1 parent
MILVUM ENGINEERING SERVICES LTD
09969213
1 subsidiary
milvum engineering services ltd directors
Milvum Engineering Services Ltd currently has 1 director, Mr Graham Kite serving since Jan 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Kite | United Kingdom | 49 years | Jan 2016 | - | Director |
P&L
January 2024turnover
165.7k
+14%
operating profit
808.6
0%
gross margin
60.9%
+2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
143
-0.9%
total assets
57.2k
-0.17%
cash
15k
-0.48%
net assets
Total assets minus all liabilities
milvum engineering services ltd company details
company number
09969213
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
January 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
the milvum group ltd (August 2018)
accountant
REDWOOD ACCOUNTANTS
auditor
-
address
71-75 shelton street, covent garden, london, WC2H 9JQ
Bank
-
Legal Advisor
-
milvum engineering services 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 milvum engineering services ltd.
milvum engineering services 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 MILVUM ENGINEERING SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
milvum engineering services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
