myokinetics ltd
myokinetics ltd Company Information
Company Number
10249037
Next Accounts
Mar 2025
Industry
Specialist medical practice activities
Shareholders
paul mcavoy
luke woolgar
Group Structure
View All
Contact
Registered Address
unit b5, brymau one trading estate, river, chester, CH4 8RG
Website
myokinetics.co.ukmyokinetics ltd Estimated Valuation
Pomanda estimates the enterprise value of MYOKINETICS LTD at £24.4k based on a Turnover of £57.2k and 0.43x industry multiple (adjusted for size and gross margin).
myokinetics ltd Estimated Valuation
Pomanda estimates the enterprise value of MYOKINETICS LTD at £0 based on an EBITDA of £-4.7k and a 3.29x industry multiple (adjusted for size and gross margin).
myokinetics ltd Estimated Valuation
Pomanda estimates the enterprise value of MYOKINETICS LTD at £0 based on Net Assets of £-37.1k and 2.29x industry multiple (adjusted for liquidity).
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Myokinetics Ltd Overview
Myokinetics Ltd is a live company located in chester, CH4 8RG with a Companies House number of 10249037. It operates in the specialists medical practice activities sector, SIC Code 86220. Founded in June 2016, it's largest shareholder is paul mcavoy with a 70% stake. Myokinetics Ltd is a young, micro sized company, Pomanda has estimated its turnover at £57.2k with high growth in recent years.
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Myokinetics Ltd Health Check
Pomanda's financial health check has awarded Myokinetics Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £57.2k, make it smaller than the average company (£381.7k)
- Myokinetics Ltd
£381.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (5.5%)
- Myokinetics Ltd
5.5% - Industry AVG
Production
with a gross margin of 31.1%, this company has a higher cost of product (55.4%)
- Myokinetics Ltd
55.4% - Industry AVG
Profitability
an operating margin of -8.2% make it less profitable than the average company (14.3%)
- Myokinetics Ltd
14.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
- Myokinetics Ltd
9 - Industry AVG
Pay Structure
on an average salary of £30.3k, the company has an equivalent pay structure (£30.3k)
- Myokinetics Ltd
£30.3k - Industry AVG
Efficiency
resulting in sales per employee of £57.2k, this is less efficient (£73.6k)
- Myokinetics Ltd
£73.6k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (36 days)
- Myokinetics Ltd
36 days - Industry AVG
Creditor Days
its suppliers are paid after 466 days, this is slower than average (40 days)
- Myokinetics Ltd
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Myokinetics Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Myokinetics Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 367.6%, this is a higher level of debt than the average (31.9%)
367.6% - Myokinetics Ltd
31.9% - Industry AVG
MYOKINETICS LTD financials
Myokinetics Ltd's latest turnover from June 2023 is estimated at £57.2 thousand and the company has net assets of -£37.1 thousand. According to their latest financial statements, we estimate that Myokinetics Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | 9,833 | 4,928 | |||||
| Admin Expenses | 14,120 | 12,894 | |||||
| Operating Profit | -4,287 | -7,966 | |||||
| Interest Payable | 0 | 0 | |||||
| Interest Receivable | 0 | 0 | |||||
| Pre-Tax Profit | -4,287 | -7,996 | |||||
| Tax | 0 | 0 | |||||
| Profit After Tax | -4,287 | -7,996 | |||||
| Dividends Paid | 0 | 0 | |||||
| Retained Profit | -4,287 | -7,996 | |||||
| Employee Costs | |||||||
| Number Of Employees | |||||||
| EBITDA* | -4,287 | -7,966 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,477 | 5,449 | 7,145 | 6,848 | 20,465 | 20,450 | 20,450 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,477 | 5,449 | 7,145 | 6,848 | 20,465 | 20,450 | 20,450 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,373 | 19,027 | 23,122 | 9,164 | 2,019 | 12 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 982 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,373 | 19,027 | 23,122 | 9,164 | 2,019 | 994 | 0 |
| total assets | 13,850 | 24,476 | 30,267 | 16,012 | 22,484 | 21,444 | 20,450 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 50,355 | 56,288 | 56,288 | 7,388 | 6,843 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 50,355 | 56,288 | 56,288 | 7,388 | 6,843 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 550 | 550 | 550 | 550 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 28,050 | 29,600 | 34,901 | 27,597 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 849 |
| total long term liabilities | 550 | 550 | 550 | 28,600 | 29,600 | 34,901 | 28,446 |
| total liabilities | 50,905 | 56,838 | 56,838 | 35,988 | 36,443 | 34,901 | 28,446 |
| net assets | -37,055 | -32,362 | -26,571 | -19,976 | -13,959 | -13,457 | -7,996 |
| total shareholders funds | -37,055 | -32,362 | -26,571 | -19,976 | -13,959 | -13,457 | -7,996 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -4,287 | -7,966 | |||||
| Depreciation | 0 | 0 | |||||
| Amortisation | 0 | 0 | |||||
| Tax | 0 | 0 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -8,654 | -4,095 | 13,958 | 7,145 | 2,007 | 12 | 0 |
| Creditors | -5,933 | 0 | 48,900 | 545 | 6,843 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 550 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -849 | 849 |
| Cash flow from operations | -5,148 | -7,117 | |||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -28,050 | -1,550 | -5,301 | 7,304 | 27,597 |
| share issue | |||||||
| interest | 0 | 0 | |||||
| cash flow from financing | 6,130 | 27,597 | |||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | -982 | 982 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -982 | 982 | 0 |
myokinetics ltd Credit Report and Business Information
Myokinetics Ltd Competitor Analysis
Perform a competitor analysis for myokinetics ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in CH4 area or any other competitors across 12 key performance metrics.
myokinetics ltd Ownership
MYOKINETICS LTD group structure
Myokinetics Ltd has no subsidiary companies.
Ultimate parent company
MYOKINETICS LTD
10249037
myokinetics ltd directors
Myokinetics Ltd currently has 2 directors. The longest serving directors include Mr Paul McAvoy (Oct 2016) and Mr Luke Woolgar (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul McAvoy | United Kingdom | 51 years | Oct 2016 | - | Director |
| Mr Luke Woolgar | United Kingdom | 28 years | Jan 2023 | - | Director |
P&L
June 2023turnover
57.2k
-28%
operating profit
-4.7k
0%
gross margin
31.1%
-15.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-37.1k
+0.15%
total assets
13.9k
-0.43%
cash
0
0%
net assets
Total assets minus all liabilities
myokinetics ltd company details
company number
10249037
Type
Private limited with Share Capital
industry
86220 - Specialist medical practice activities
incorporation date
June 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
unit b5, brymau one trading estate, river, chester, CH4 8RG
Bank
-
Legal Advisor
-
myokinetics 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 myokinetics ltd.
myokinetics 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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myokinetics ltd Companies House Filings - See Documents
| date | description | view/download |
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