microgem uk ltd
microgem uk ltd Company Information
Company Number
10152115
Next Accounts
475 days late
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Directors
Shareholders
microgem international plc
Group Structure
View All
Contact
Registered Address
6th floor 9 appold street, london, EC2A 2AP
Website
microgembio.commicrogem uk ltd Estimated Valuation
Pomanda estimates the enterprise value of MICROGEM UK LTD at £4.3m based on a Turnover of £6.5m and 0.67x industry multiple (adjusted for size and gross margin).
microgem uk ltd Estimated Valuation
Pomanda estimates the enterprise value of MICROGEM UK LTD at £0 based on an EBITDA of £-195.3k and a 4.92x industry multiple (adjusted for size and gross margin).
microgem uk ltd Estimated Valuation
Pomanda estimates the enterprise value of MICROGEM UK LTD at £0 based on Net Assets of £-1m and 2.2x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Microgem Uk Ltd Overview
Microgem Uk Ltd is a live company located in london, EC2A 2AP with a Companies House number of 10152115. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in April 2016, it's largest shareholder is microgem international plc with a 100% stake. Microgem Uk Ltd is a young, mid sized company, Pomanda has estimated its turnover at £6.5m with rapid growth in recent years.
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Microgem Uk Ltd Health Check
Pomanda's financial health check has awarded Microgem Uk Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £6.5m, make it larger than the average company (£2.4m)
- Microgem Uk Ltd
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 184%, show it is growing at a faster rate (1.5%)
- Microgem Uk Ltd
1.5% - Industry AVG
Production
with a gross margin of 42.6%, this company has a comparable cost of product (42.6%)
- Microgem Uk Ltd
42.6% - Industry AVG
Profitability
an operating margin of -5.2% make it less profitable than the average company (4.8%)
- Microgem Uk Ltd
4.8% - Industry AVG
Employees
with 8 employees, this is below the industry average (23)
8 - Microgem Uk Ltd
23 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Microgem Uk Ltd
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £813.2k, this is more efficient (£116k)
- Microgem Uk Ltd
£116k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (56 days)
- Microgem Uk Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 484 days, this is slower than average (32 days)
- Microgem Uk Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (33 days)
- Microgem Uk Ltd
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (28 weeks)
0 weeks - Microgem Uk Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 111.5%, this is a higher level of debt than the average (55.6%)
111.5% - Microgem Uk Ltd
55.6% - Industry AVG
MICROGEM UK LTD financials
Microgem Uk Ltd's latest turnover from December 2021 is estimated at £6.5 million and the company has net assets of -£1 million. According to their latest financial statements, Microgem Uk Ltd has 8 employees and maintains cash reserves of £16.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | -283,695 | |||||
| Interest Payable | 0 | |||||
| Interest Receivable | 0 | |||||
| Pre-Tax Profit | -283,695 | |||||
| Tax | 0 | |||||
| Profit After Tax | -283,695 | |||||
| Dividends Paid | 0 | |||||
| Retained Profit | -283,695 | |||||
| Employee Costs | 0 | 0 | 0 | 0 | ||
| Number Of Employees | 8 | 6 | 3 | 3 | 2 | |
| EBITDA* | -283,695 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 10,359 | 15,013 | 6,187 | 0 | 0 | 0 |
| Intangible Assets | 173,809 | 240,400 | 257,599 | 300,379 | 244,557 | 139,213 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 184,168 | 255,413 | 263,787 | 300,379 | 244,557 | 139,213 |
| Stock & work in progress | 33,856 | 133,066 | 200,620 | 197,626 | 58,722 | 0 |
| Trade Debtors | 18,210 | 194,877 | 81,480 | 35,901 | 202,792 | 0 |
| Group Debtors | 8,511,639 | 4,393,081 | 30,045 | 34,251 | 13,497 | 0 |
| Misc Debtors | 41,203 | 622,915 | 78,216 | 57,334 | 49,530 | 18,409 |
| Cash | 16,097 | 352,412 | 67,008 | 147,034 | 22,848 | 31,466 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,621,007 | 5,696,352 | 457,369 | 472,146 | 347,390 | 49,875 |
| total assets | 8,805,175 | 5,951,765 | 721,156 | 772,525 | 591,947 | 189,089 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,950,872 | 3,667,629 | 28,339 | 4,059 | 2,939 | 0 |
| Group/Directors Accounts | 4,583,281 | 2,554,419 | 918,875 | 882,266 | 731,942 | 456,106 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 286,285 | 403,875 | 321,424 | 43,752 | 37,156 | 16,583 |
| total current liabilities | 9,820,439 | 6,625,923 | 1,268,638 | 930,077 | 772,038 | 472,689 |
| loans | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 9,820,439 | 6,625,923 | 1,268,638 | 930,077 | 772,038 | 472,689 |
| net assets | -1,015,264 | -674,158 | -547,482 | -157,552 | -180,091 | -283,600 |
| total shareholders funds | -1,015,264 | -674,158 | -547,482 | -157,552 | -180,091 | -283,600 |
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -283,695 | |||||
| Depreciation | 6,900 | 6,732 | 3,493 | 0 | 0 | 0 |
| Amortisation | 139,332 | 150,814 | 124,167 | 93,519 | 46,870 | 0 |
| Tax | 0 | |||||
| Stock | -99,210 | -67,554 | 2,994 | 138,904 | 58,722 | 0 |
| Debtors | 3,360,179 | 5,021,133 | 62,256 | -138,335 | 247,411 | 18,409 |
| Creditors | 1,283,242 | 3,639,290 | 24,281 | 1,119 | 2,939 | 0 |
| Accruals and Deferred Income | -117,590 | 82,451 | 277,672 | 6,596 | 20,573 | 16,583 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -285,521 | |||||
| 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 | 2,028,863 | 1,635,544 | 36,609 | 150,324 | 275,836 | 456,106 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 0 | |||||
| cash flow from financing | 456,201 | |||||
| cash and cash equivalents | ||||||
| cash | -336,315 | 285,404 | -80,027 | 124,187 | -8,618 | 31,466 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -336,315 | 285,404 | -80,027 | 124,187 | -8,618 | 31,466 |
microgem uk ltd Credit Report and Business Information
Microgem Uk Ltd Competitor Analysis
Perform a competitor analysis for microgem uk ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in EC2A area or any other competitors across 12 key performance metrics.
microgem uk ltd Ownership
MICROGEM UK LTD group structure
Microgem Uk Ltd has no subsidiary companies.
microgem uk ltd directors
Microgem Uk Ltd currently has 1 director, Mr Danny Chan serving since Feb 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Danny Chan | 75 years | Feb 2023 | - | Director |
P&L
December 2021turnover
6.5m
+14%
operating profit
-341.6k
0%
gross margin
42.7%
-2.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
-1m
+0.51%
total assets
8.8m
+0.48%
cash
16.1k
-0.95%
net assets
Total assets minus all liabilities
microgem uk ltd company details
company number
10152115
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2021
previous names
zygem (uk) limited (January 2020)
accountant
HAINES WATTS
auditor
-
address
6th floor 9 appold street, london, EC2A 2AP
Bank
-
Legal Advisor
-
microgem uk 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 microgem uk ltd.
microgem uk 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.
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microgem uk ltd Companies House Filings - See Documents
| date | description | view/download |
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