midlands consulting limited
midlands consulting limited Company Information
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
124 greenfield road, harborne, birmingham, B17 0EG
Website
-midlands consulting limited Estimated Valuation
Pomanda estimates the enterprise value of MIDLANDS CONSULTING LIMITED at £121.1k based on a Turnover of £245.6k and 0.49x industry multiple (adjusted for size and gross margin).
midlands consulting limited Estimated Valuation
Pomanda estimates the enterprise value of MIDLANDS CONSULTING LIMITED at £0 based on an EBITDA of £-603 and a 3.54x industry multiple (adjusted for size and gross margin).
midlands consulting limited Estimated Valuation
Pomanda estimates the enterprise value of MIDLANDS CONSULTING LIMITED at £64.5k based on Net Assets of £27.7k and 2.33x industry multiple (adjusted for liquidity).
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Midlands Consulting Limited Overview
Midlands Consulting Limited is a live company located in birmingham, B17 0EG with a Companies House number of 10092908. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in March 2016, it's largest shareholder is abu salim with a 70% stake. Midlands Consulting Limited is a young, micro sized company, Pomanda has estimated its turnover at £245.6k with healthy growth in recent years.
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Midlands Consulting Limited Health Check
Pomanda's financial health check has awarded Midlands Consulting Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £245.6k, make it smaller than the average company (£1.3m)
- Midlands Consulting Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (9.4%)
- Midlands Consulting Limited
9.4% - Industry AVG
Production
with a gross margin of 23.6%, this company has a higher cost of product (44.3%)
- Midlands Consulting Limited
44.3% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (6%)
- Midlands Consulting Limited
6% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
- Midlands Consulting Limited
12 - Industry AVG
Pay Structure
on an average salary of £58.8k, the company has an equivalent pay structure (£58.8k)
- Midlands Consulting Limited
£58.8k - Industry AVG
Efficiency
resulting in sales per employee of £122.8k, this is equally as efficient (£129.7k)
- Midlands Consulting Limited
£129.7k - Industry AVG
Debtor Days
it gets paid by customers after 133 days, this is later than average (62 days)
- Midlands Consulting Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 104 days, this is slower than average (28 days)
- Midlands Consulting Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Midlands Consulting Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Midlands Consulting Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.4%, this is a higher level of debt than the average (55.3%)
69.4% - Midlands Consulting Limited
55.3% - Industry AVG
MIDLANDS CONSULTING LIMITED financials
Midlands Consulting Limited's latest turnover from March 2024 is estimated at £245.6 thousand and the company has net assets of £27.7 thousand. According to their latest financial statements, we estimate that Midlands Consulting Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 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 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 77 | 115 | 172 | 256 | 382 | 570 | ||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 77 | 115 | 172 | 256 | 382 | 570 | ||
| Stock & work in progress | ||||||||
| Trade Debtors | 90,162 | 90,762 | 102,615 | 77,352 | 38,888 | 14,247 | 38,155 | 32,800 |
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | ||||||||
| misc current assets | ||||||||
| total current assets | 90,162 | 90,762 | 102,615 | 77,352 | 38,888 | 14,247 | 38,155 | 32,800 |
| total assets | 90,239 | 90,877 | 102,787 | 77,608 | 39,270 | 14,817 | 38,155 | 32,800 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 53,910 | 52,244 | 61,273 | 34,690 | 36,289 | 7,983 | 35,096 | 25,742 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 53,910 | 52,244 | 61,273 | 34,690 | 36,289 | 7,983 | 35,096 | 25,742 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | 200 | 540 | 950 | 950 | 1,190 | 2,214 | 2,160 | 1,080 |
| other liabilities | 8,467 | 9,828 | 10,501 | 11,000 | ||||
| provisions | ||||||||
| total long term liabilities | 8,667 | 10,368 | 11,451 | 11,950 | 1,190 | 2,214 | 2,160 | 1,080 |
| total liabilities | 62,577 | 62,612 | 72,724 | 46,640 | 37,479 | 10,197 | 37,256 | 26,822 |
| net assets | 27,662 | 28,265 | 30,063 | 30,968 | 1,791 | 4,620 | 899 | 5,978 |
| total shareholders funds | 27,662 | 28,265 | 30,063 | 30,968 | 1,791 | 4,620 | 899 | 5,978 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -600 | -11,853 | 25,263 | 38,464 | 24,641 | -23,908 | 5,355 | 32,800 |
| Creditors | 1,666 | -9,029 | 26,583 | -1,599 | 28,306 | -27,113 | 9,354 | 25,742 |
| Accruals and Deferred Income | -340 | -410 | -240 | -1,024 | 54 | 1,080 | 1,080 | |
| 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 | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -1,361 | -673 | -499 | 11,000 | ||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | ||||||||
| overdraft | ||||||||
| change in cash |
midlands consulting limited Credit Report and Business Information
Midlands Consulting Limited Competitor Analysis
Perform a competitor analysis for midlands consulting limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in B17 area or any other competitors across 12 key performance metrics.
midlands consulting limited Ownership
MIDLANDS CONSULTING LIMITED group structure
Midlands Consulting Limited has no subsidiary companies.
Ultimate parent company
MIDLANDS CONSULTING LIMITED
10092908
midlands consulting limited directors
Midlands Consulting Limited currently has 1 director, Mr Abu Salim serving since Mar 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Abu Salim | United Kingdom | 61 years | Mar 2016 | - | Director |
P&L
March 2024turnover
245.6k
+5%
operating profit
-603
0%
gross margin
23.6%
-6.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
27.7k
-0.02%
total assets
90.2k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
midlands consulting limited company details
company number
10092908
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
124 greenfield road, harborne, birmingham, B17 0EG
Bank
-
Legal Advisor
-
midlands consulting 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 midlands consulting limited.
midlands consulting 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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midlands consulting limited Companies House Filings - See Documents
| date | description | view/download |
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