michael w limited
michael w limited Company Information
Company Number
09982337
Next Accounts
1491 days late
Shareholders
alexander baker
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
3 hardman street, manchester, M3 3HF
Website
www.michaelwardonline.co.ukmichael w limited Estimated Valuation
Pomanda estimates the enterprise value of MICHAEL W LIMITED at £114.3k based on a Turnover of £210.9k and 0.54x industry multiple (adjusted for size and gross margin).
michael w limited Estimated Valuation
Pomanda estimates the enterprise value of MICHAEL W LIMITED at £0 based on an EBITDA of £-19k and a 3.82x industry multiple (adjusted for size and gross margin).
michael w limited Estimated Valuation
Pomanda estimates the enterprise value of MICHAEL W LIMITED at £0 based on Net Assets of £-45.7k and 2.29x industry multiple (adjusted for liquidity).
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Michael W Limited Overview
Michael W Limited is a live company located in manchester, M3 3HF with a Companies House number of 09982337. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in February 2016, it's largest shareholder is alexander baker with a 100% stake. Michael W Limited is a young, micro sized company, Pomanda has estimated its turnover at £210.9k with unknown growth in recent years.
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Michael W Limited Health Check
Pomanda's financial health check has awarded Michael W Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £210.9k, make it larger than the average company (£170.9k)
- Michael W Limited
£170.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Michael W Limited
- - Industry AVG
Production
with a gross margin of 29.1%, this company has a higher cost of product (54%)
- Michael W Limited
54% - Industry AVG
Profitability
an operating margin of -9% make it less profitable than the average company (9.1%)
- Michael W Limited
9.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (17)
- Michael W Limited
17 - Industry AVG
Pay Structure
on an average salary of £54.5k, the company has an equivalent pay structure (£54.5k)
- Michael W Limited
£54.5k - Industry AVG
Efficiency
resulting in sales per employee of £105.5k, this is equally as efficient (£123.6k)
- Michael W Limited
£123.6k - Industry AVG
Debtor Days
it gets paid by customers after 152 days, this is later than average (70 days)
- Michael W Limited
70 days - Industry AVG
Creditor Days
its suppliers are paid after 136 days, this is slower than average (31 days)
- Michael W Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Michael W Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Michael W Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 132.4%, this is a higher level of debt than the average (57.1%)
132.4% - Michael W Limited
57.1% - Industry AVG
MICHAEL W LIMITED financials
Michael W Limited's latest turnover from February 2019 is estimated at £210.9 thousand and the company has net assets of -£45.7 thousand. According to their latest financial statements, we estimate that Michael W Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|
| Turnover | 963,022 | ||
| Other Income Or Grants | |||
| Cost Of Sales | 379,190 | ||
| Gross Profit | 583,832 | ||
| Admin Expenses | 569,964 | ||
| Operating Profit | 13,868 | ||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | 13,868 | ||
| Tax | -16,110 | ||
| Profit After Tax | -2,242 | ||
| Dividends Paid | |||
| Retained Profit | -2,242 | ||
| Employee Costs | |||
| Number Of Employees | |||
| EBITDA* | 39,100 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|
| Tangible Assets | 53,158 | 71,946 | 93,598 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 53,158 | 71,946 | 93,598 |
| Stock & work in progress | |||
| Trade Debtors | 88,199 | 82,100 | 60,246 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 88,199 | 82,100 | 60,246 |
| total assets | 141,357 | 154,046 | 153,844 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 55,974 | 38,113 | 34,254 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 55,974 | 38,113 | 34,254 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | 123,124 | 105,622 | |
| provisions | 19,511 | 16,110 | |
| total long term liabilities | 131,132 | 142,635 | 121,732 |
| total liabilities | 187,106 | 180,748 | 155,986 |
| net assets | -45,749 | -26,702 | -2,142 |
| total shareholders funds | -45,749 | -26,702 | -2,142 |
| Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 13,868 | ||
| Depreciation | 25,232 | ||
| Amortisation | |||
| Tax | -16,110 | ||
| Stock | |||
| Debtors | 6,099 | 21,854 | 60,246 |
| Creditors | 17,861 | 3,859 | 34,254 |
| Accruals and Deferred Income | |||
| Deferred Taxes & Provisions | -19,511 | 3,401 | 16,110 |
| Cash flow from operations | 13,108 | ||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | -123,124 | 17,502 | 105,622 |
| share issue | |||
| interest | |||
| cash flow from financing | 105,722 | ||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
michael w limited Credit Report and Business Information
Michael W Limited Competitor Analysis
Perform a competitor analysis for michael w limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in M 3 area or any other competitors across 12 key performance metrics.
michael w limited Ownership
MICHAEL W LIMITED group structure
Michael W Limited has no subsidiary companies.
Ultimate parent company
MICHAEL W LIMITED
09982337
michael w limited directors
Michael W Limited currently has 2 directors. The longest serving directors include Mr Alexander Baker (Feb 2016) and Ms Jolanta Bekz (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Baker | England | 52 years | Feb 2016 | - | Director |
| Ms Jolanta Bekz | England | 37 years | Sep 2017 | - | Director |
P&L
February 2019turnover
210.9k
+22%
operating profit
-19k
0%
gross margin
29.1%
-3.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2019net assets
-45.7k
+0.71%
total assets
141.4k
-0.08%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
michael w limited company details
company number
09982337
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2019
previous names
N/A
accountant
-
auditor
-
address
3 hardman street, manchester, M3 3HF
Bank
-
Legal Advisor
-
michael w 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 michael w limited.
michael w limited 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.
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michael w limited Companies House Filings - See Documents
| date | description | view/download |
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