microvisk technologies ltd
microvisk technologies ltd Company Information
Company Number
10190718
Next Accounts
85 days late
Shareholders
gluco rx limited
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
1c henley business park, pirbright road, guildford, surrey, GU3 2DX
Website
www.microvisk.commicrovisk technologies ltd Estimated Valuation
Pomanda estimates the enterprise value of MICROVISK TECHNOLOGIES LTD at £717.8k based on a Turnover of £660.9k and 1.09x industry multiple (adjusted for size and gross margin).
microvisk technologies ltd Estimated Valuation
Pomanda estimates the enterprise value of MICROVISK TECHNOLOGIES LTD at £0 based on an EBITDA of £-349.4k and a 4.54x industry multiple (adjusted for size and gross margin).
microvisk technologies ltd Estimated Valuation
Pomanda estimates the enterprise value of MICROVISK TECHNOLOGIES LTD at £0 based on Net Assets of £-1.8m and 1.31x industry multiple (adjusted for liquidity).
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Microvisk Technologies Ltd Overview
Microvisk Technologies Ltd is a live company located in guildford, GU3 2DX with a Companies House number of 10190718. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in May 2016, it's largest shareholder is gluco rx limited with a 100% stake. Microvisk Technologies Ltd is a young, small sized company, Pomanda has estimated its turnover at £660.9k with rapid growth in recent years.
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Microvisk Technologies Ltd Health Check
Pomanda's financial health check has awarded Microvisk Technologies Ltd 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
1 Strong
2 Regular
7 Weak
Size
annual sales of £660.9k, make it smaller than the average company (£18.1m)
- Microvisk Technologies Ltd
£18.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (7.2%)
- Microvisk Technologies Ltd
7.2% - Industry AVG
Production
with a gross margin of 35.1%, this company has a comparable cost of product (35.1%)
- Microvisk Technologies Ltd
35.1% - Industry AVG
Profitability
an operating margin of -53.5% make it less profitable than the average company (5.1%)
- Microvisk Technologies Ltd
5.1% - Industry AVG
Employees
with 6 employees, this is below the industry average (103)
6 - Microvisk Technologies Ltd
103 - Industry AVG
Pay Structure
on an average salary of £41.6k, the company has an equivalent pay structure (£41.6k)
- Microvisk Technologies Ltd
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £110.2k, this is less efficient (£179.6k)
- Microvisk Technologies Ltd
£179.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Microvisk Technologies Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (46 days)
- Microvisk Technologies Ltd
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Microvisk Technologies Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Microvisk Technologies Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2703.1%, this is a higher level of debt than the average (68.8%)
2703.1% - Microvisk Technologies Ltd
68.8% - Industry AVG
MICROVISK TECHNOLOGIES LTD financials
Microvisk Technologies Ltd's latest turnover from March 2023 is estimated at £660.9 thousand and the company has net assets of -£1.8 million. According to their latest financial statements, Microvisk Technologies Ltd has 6 employees and maintains cash reserves of £5.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | May 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 | 6 | 6 | 4 | 3 | 3 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,044 | 9,765 | 2,512 | 5,022 | 7,532 | ||
| Intangible Assets | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 |
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 58,044 | 59,765 | 50,000 | 50,000 | 52,512 | 55,022 | 57,532 |
| Stock & work in progress | |||||||
| Trade Debtors | 9,665 | 6,791 | 8,300 | ||||
| Group Debtors | |||||||
| Misc Debtors | 3,840 | 7,956 | 2,582 | 9,829 | |||
| Cash | 5,791 | 9,666 | 35,381 | 14,295 | 184,772 | 2,297 | 547,565 |
| misc current assets | |||||||
| total current assets | 9,631 | 17,622 | 35,381 | 23,960 | 184,772 | 11,670 | 565,694 |
| total assets | 67,675 | 77,387 | 85,381 | 73,960 | 237,284 | 66,692 | 623,226 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 25,090 | 26,305 | 18,405 | 44,497 | 42,948 | 48,415 | 27,613 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 1,659,657 | 1,314,947 | 808,484 | 602,856 | 505,559 | 492,356 | 572,683 |
| total current liabilities | 1,684,747 | 1,341,252 | 826,889 | 647,353 | 548,507 | 540,771 | 600,296 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 144,549 | 144,549 | 144,549 | 144,549 | 144,549 | ||
| provisions | |||||||
| total long term liabilities | 144,549 | 144,549 | 144,549 | 144,549 | 144,549 | ||
| total liabilities | 1,829,296 | 1,485,801 | 971,438 | 791,902 | 693,056 | 540,771 | 600,296 |
| net assets | -1,761,621 | -1,408,414 | -886,057 | -717,942 | -455,772 | -474,079 | 22,930 |
| total shareholders funds | -1,761,621 | -1,408,414 | -886,057 | -717,942 | -455,772 | -474,079 | 22,930 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 4,087 | 3,495 | 2,512 | 2,510 | 2,510 | 2,510 | |
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | -4,116 | 7,956 | -9,665 | 9,665 | -9,373 | -8,756 | 18,129 |
| Creditors | -1,215 | 7,900 | -26,092 | 1,549 | -5,467 | 20,802 | 27,613 |
| Accruals and Deferred Income | 344,710 | 506,463 | 205,628 | 97,297 | 13,203 | -80,327 | 572,683 |
| 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 | 144,549 | ||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -3,875 | -25,715 | 21,086 | -170,477 | 182,475 | -545,268 | 547,565 |
| overdraft | |||||||
| change in cash | -3,875 | -25,715 | 21,086 | -170,477 | 182,475 | -545,268 | 547,565 |
microvisk technologies ltd Credit Report and Business Information
Microvisk Technologies Ltd Competitor Analysis
Perform a competitor analysis for microvisk technologies ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in GU3 area or any other competitors across 12 key performance metrics.
microvisk technologies ltd Ownership
MICROVISK TECHNOLOGIES LTD group structure
Microvisk Technologies Ltd has no subsidiary companies.
microvisk technologies ltd directors
Microvisk Technologies Ltd currently has 3 directors. The longest serving directors include Mr Nilesh Nathwani (Jun 2017) and Mr Parag Khiroya (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nilesh Nathwani | England | 63 years | Jun 2017 | - | Director |
| Mr Parag Khiroya | England | 61 years | Mar 2020 | - | Director |
| Mr Parag Khiroya | England | 61 years | Mar 2020 | - | Director |
P&L
March 2023turnover
660.9k
+9%
operating profit
-353.5k
0%
gross margin
35.2%
+0.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-1.8m
+0.25%
total assets
67.7k
-0.13%
cash
5.8k
-0.4%
net assets
Total assets minus all liabilities
Similar Companies
microvisk technologies ltd company details
company number
10190718
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
NSO ASSOCIATES LLP
auditor
-
address
1c henley business park, pirbright road, guildford, surrey, GU3 2DX
Bank
-
Legal Advisor
-
microvisk technologies 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 microvisk technologies ltd.
microvisk technologies 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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microvisk technologies ltd Companies House Filings - See Documents
| date | description | view/download |
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