midbury ltd
midbury ltd Company Information
Company Number
10135646
Website
-Registered Address
unit 2c martinbridge estate, enfield, EN1 1SP
Industry
Retail sale via mail order houses or via Internet
Telephone
-
Next Accounts Due
138 days late
Group Structure
View All
Directors
Sinan Tan0 Years
Shareholders
sinan kango tan 100%
midbury ltd Estimated Valuation
Pomanda estimates the enterprise value of MIDBURY LTD at £559.5k based on a Turnover of £2.3m and 0.24x industry multiple (adjusted for size and gross margin).
midbury ltd Estimated Valuation
Pomanda estimates the enterprise value of MIDBURY LTD at £0 based on an EBITDA of £-1.3k and a 3.85x industry multiple (adjusted for size and gross margin).
midbury ltd Estimated Valuation
Pomanda estimates the enterprise value of MIDBURY LTD at £0 based on Net Assets of £-56.7k and 1.98x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Midbury Ltd Overview
Midbury Ltd is a live company located in enfield, EN1 1SP with a Companies House number of 10135646. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in April 2016, it's largest shareholder is sinan kango tan with a 100% stake. Midbury Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.3m with declining growth in recent years.
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Midbury Ltd Health Check
Pomanda's financial health check has awarded Midbury Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £2.3m, make it larger than the average company (£421.4k)
- Midbury Ltd
£421.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (9.2%)
- Midbury Ltd
9.2% - Industry AVG
Production
with a gross margin of 35.8%, this company has a comparable cost of product (35.8%)
- Midbury Ltd
35.8% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (4.8%)
- Midbury Ltd
4.8% - Industry AVG
Employees
with 20 employees, this is above the industry average (5)
20 - Midbury Ltd
5 - Industry AVG
Pay Structure
on an average salary of £27.5k, the company has an equivalent pay structure (£27.5k)
- Midbury Ltd
£27.5k - Industry AVG
Efficiency
resulting in sales per employee of £116.1k, this is less efficient (£184.4k)
- Midbury Ltd
£184.4k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (25 days)
- Midbury Ltd
25 days - Industry AVG
Creditor Days
its suppliers are paid after 142 days, this is slower than average (37 days)
- Midbury Ltd
37 days - Industry AVG
Stock Days
it holds stock equivalent to 176 days, this is more than average (78 days)
- Midbury Ltd
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (21 weeks)
3 weeks - Midbury Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106.5%, this is a higher level of debt than the average (71.8%)
106.5% - Midbury Ltd
71.8% - Industry AVG
MIDBURY LTD financials
Midbury Ltd's latest turnover from April 2022 is estimated at £2.3 million and the company has net assets of -£56.7 thousand. According to their latest financial statements, Midbury Ltd has 20 employees and maintains cash reserves of £54.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 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 | 20 | 20 | 20 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 67,935 | 71,195 | 56,312 | 55,139 | 50,302 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 67,935 | 71,195 | 56,312 | 55,139 | 50,302 | 0 |
| Stock & work in progress | 720,568 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 36,285 | 1,137,166 | 1,029,035 | 635,263 | 191,666 | 1,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 54,675 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 811,528 | 1,137,166 | 1,029,035 | 635,263 | 191,666 | 1,000 |
| total assets | 879,463 | 1,208,361 | 1,085,347 | 690,402 | 241,968 | 1,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 580,836 | 1,210,004 | 1,158,781 | 690,496 | 240,220 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 305,344 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 886,180 | 1,210,004 | 1,158,781 | 690,496 | 240,220 | 0 |
| loans | 50,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 50,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 50,000 | 50,000 | 0 | 0 | 0 | 0 |
| total liabilities | 936,180 | 1,260,004 | 1,158,781 | 690,496 | 240,220 | 0 |
| net assets | -56,717 | -51,643 | -73,434 | -94 | 1,748 | 1,000 |
| total shareholders funds | -56,717 | -51,643 | -73,434 | -94 | 1,748 | 1,000 |
| Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 3,261 | 0 | ||||
| Amortisation | 0 | 0 | ||||
| Tax | ||||||
| Stock | 720,568 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,100,881 | 108,131 | 393,772 | 443,597 | 190,666 | 1,000 |
| Creditors | -629,168 | 51,223 | 468,285 | 450,276 | 240,220 | 0 |
| Accruals and Deferred Income | 305,344 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 50,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -50,000 | 50,000 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 54,675 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 54,675 | 0 | 0 | 0 | 0 | 0 |
midbury ltd Credit Report and Business Information
Midbury Ltd Competitor Analysis
Perform a competitor analysis for midbury ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
midbury ltd Ownership
MIDBURY LTD group structure
Midbury Ltd has no subsidiary companies.
Ultimate parent company
MIDBURY LTD
10135646
midbury ltd directors
Midbury Ltd currently has 1 director, Mr Sinan Tan serving since Aug 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sinan Tan | England | 52 years | Aug 2023 | - | Director |
P&L
April 2022turnover
2.3m
-78%
operating profit
-4.6k
0%
gross margin
35.9%
-0.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2022net assets
-56.7k
+0.1%
total assets
879.5k
-0.27%
cash
54.7k
0%
net assets
Total assets minus all liabilities
Similar Companies
midbury ltd company details
company number
10135646
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
April 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
my stage limited (March 2017)
incorporated
UK
address
unit 2c martinbridge estate, enfield, EN1 1SP
last accounts submitted
April 2022
midbury 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 midbury ltd.
midbury ltd Companies House Filings - See Documents
| date | description | view/download |
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