Pomanda estimates the enterprise value of MILB LIMITED at £84.7k based on a Turnover of £34.9k and 2.42x industry multiple (adjusted for size and gross margin).
milb limitedEstimated Valuation
£26.1k
Pomanda estimates the enterprise value of MILB LIMITED at £26.1k based on an EBITDA of £5.5k and a 4.74x industry multiple (adjusted for size and gross margin).
milb limitedEstimated Valuation
£71.4k
Pomanda estimates the enterprise value of MILB LIMITED at £71.4k based on Net Assets of £40.9k and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Milb LimitedOverview
Milb Limited is a live company located in london, EC1V 2NX with a Companies House number of 10098271. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2016, it's largest shareholder is
ian barrows
with a 100% stake. Milb Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£34.9k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Milb Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
2 Regular
7 Weak
Size
annual sales of £34.9k, make it smaller than the average company (£914k)
£34.9k - Milb Limited
£914k - Industry AVG
Growth
3 year (CAGR) sales growth of 131%, show it is growing at a faster rate (5.4%)
131% - Milb Limited
5.4% - Industry AVG
Production
with a gross margin of 31.8%, this company has a higher cost of product (73%)
31.8% - Milb Limited
73% - Industry AVG
Profitability
an operating margin of 15.7% make it less profitable than the average company (28.2%)
15.7% - Milb Limited
28.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Milb Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)
£33.8k - Milb Limited
£33.8k - Industry AVG
Efficiency
resulting in sales per employee of £34.9k, this is less efficient (£186.9k)
£34.9k - Milb Limited
£186.9k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (32 days)
93 days - Milb Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is close to average (37 days)
35 days - Milb Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Milb Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Milb Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.8%, this is a higher level of debt than the average (70.2%)
88.8% - Milb Limited
70.2% - Industry AVG
MILB LIMITED financials
EXPORT
Milb Limited's latest turnover from April 2024 is estimated at £34.9 thousand and the company has net assets of £40.9 thousand. According to their latest financial statements, we estimate that Milb Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Turnover
34,931
19,232
3,112
2,827
27,093
14,354
7,371
1,281
Other Income Or Grants
Cost Of Sales
23,816
13,467
2,216
2,040
19,110
10,115
5,106
865
Gross Profit
11,115
5,765
897
787
7,982
4,239
2,264
417
Admin Expenses
5,616
4,299
-2,086
23,809
-7,660
-41,203
-14,159
7,259
Operating Profit
5,499
1,466
2,983
-23,022
15,642
45,442
16,423
-6,842
Interest Payable
Interest Receivable
180
54
3
100
100
17
Pre-Tax Profit
5,499
1,645
3,037
-23,019
15,642
45,542
16,522
-6,825
Tax
-1,375
-411
-577
-2,972
-8,653
-3,139
Profit After Tax
4,124
1,234
2,460
-23,019
12,670
36,889
13,383
-6,825
Dividends Paid
Retained Profit
4,124
1,234
2,460
-23,019
12,670
36,889
13,383
-6,825
Employee Costs
33,761
31,047
30,195
27,218
28,062
27,666
26,590
25,929
Number Of Employees
1
1
1
1
1
1
1
1
EBITDA*
5,499
1,466
2,983
-23,022
15,642
45,442
16,423
-6,842
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Tangible Assets
354,950
354,950
524,950
550,950
550,950
550,950
380,950
380,950
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
354,950
354,950
524,950
550,950
550,950
550,950
380,950
380,950
Stock & work in progress
Trade Debtors
8,971
5,373
6,384
2,847
1,700
Group Debtors
Misc Debtors
Cash
8,462
5,889
26,578
13,305
misc current assets
total current assets
8,971
5,373
8,462
5,889
6,384
2,847
28,278
13,305
total assets
363,921
360,323
533,412
556,839
557,334
553,797
409,228
394,255
Bank overdraft
Bank loan
Trade Creditors
2,345
2,901
2,895
2,810
6,217
7,350
3,200
1,500
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,208
1,180
3,469
200
total current liabilities
2,345
2,901
4,103
3,990
6,217
7,350
6,669
1,700
loans
hp & lease commitments
Accruals and Deferred Income
660
630
other liabilities
320,000
320,000
493,750
493,750
495,000
503,000
370,000
373,379
provisions
total long term liabilities
320,660
320,630
493,750
493,750
495,000
503,000
370,000
373,379
total liabilities
323,005
323,531
497,853
497,740
501,217
510,350
376,669
375,079
net assets
40,916
36,792
35,559
59,099
56,117
43,447
32,559
19,176
total shareholders funds
40,916
36,792
35,559
59,099
56,117
43,447
32,559
19,176
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Operating Activities
Operating Profit
5,499
1,466
2,983
-23,022
15,642
45,442
16,423
-6,842
Depreciation
Amortisation
Tax
-1,375
-411
-577
-2,972
-8,653
-3,139
Stock
Debtors
3,598
5,373
-6,384
3,537
1,147
1,700
Creditors
-556
6
85
-3,407
-1,133
4,150
1,700
1,500
Accruals and Deferred Income
30
-578
28
1,180
-3,469
3,269
200
Deferred Taxes & Provisions
Cash flow from operations
-4,890
2,519
-18,865
8,000
36,323
16,553
-5,142
Investing Activities
capital expenditure
170,000
26,000
-170,000
-380,950
Change in Investments
cash flow from investments
170,000
26,000
-170,000
-380,950
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-173,750
-1,250
-8,000
133,000
-3,379
373,379
share issue
-1
-26,000
26,001
-26,001
26,001
interest
180
54
3
100
100
17
cash flow from financing
-173,571
-25,946
24,754
-8,000
107,099
-3,279
399,397
cash and cash equivalents
cash
-8,462
2,573
5,889
-26,578
13,273
13,305
overdraft
change in cash
-8,462
2,573
5,889
-26,578
13,273
13,305
milb limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for milb limited. Get real-time insights into milb limited's credit score, group structure and payment trends.
Perform a competitor analysis for milb limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.
milb limited Ownership
MILB LIMITED group structure
Milb Limited has no subsidiary companies.
Ultimate parent company
MILB LIMITED
10098271
MILB LIMITED Shareholders
The sole shareholder of Milb Limited is Ian Barrows.
ian barrows
100%
milb limited directors
Milb Limited currently has 1 director, Mr Ian Barrows serving since Apr 2016.
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
128 city road, london, EC1V 2NX
Bank
-
Legal Advisor
-
milb 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 found 3 charges/mortgages relating to milb limited. Currently there are 1 open charges and 2 have been satisfied in the past.
milb 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.
Click to start generating capital raising & share issue transactions for MILB LIMITED. This can take several minutes, an email will notify you when this has completed.
milb limitedCompanies House Filings - See Documents
