mir & sons services ltd
mir & sons services ltd Company Information
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
7 leiston spur, slough, SL1 3JN
Website
-mir & sons services ltd Estimated Valuation
Pomanda estimates the enterprise value of MIR & SONS SERVICES LTD at £47.8k based on a Turnover of £121k and 0.4x industry multiple (adjusted for size and gross margin).
mir & sons services ltd Estimated Valuation
Pomanda estimates the enterprise value of MIR & SONS SERVICES LTD at £0 based on an EBITDA of £-1.3k and a 2.89x industry multiple (adjusted for size and gross margin).
mir & sons services ltd Estimated Valuation
Pomanda estimates the enterprise value of MIR & SONS SERVICES LTD at £0 based on Net Assets of £-31.3k and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mir & Sons Services Ltd Overview
Mir & Sons Services Ltd is a live company located in slough, SL1 3JN with a Companies House number of 10382870. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2016, it's largest shareholder is zohaib zohaib with a 100% stake. Mir & Sons Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £121k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mir & Sons Services Ltd Health Check
Pomanda's financial health check has awarded Mir & Sons Services Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £121k, make it smaller than the average company (£3.9m)
- Mir & Sons Services Ltd
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (5.3%)
- Mir & Sons Services Ltd
5.3% - Industry AVG
Production
with a gross margin of 17.5%, this company has a higher cost of product (37.9%)
- Mir & Sons Services Ltd
37.9% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (6.1%)
- Mir & Sons Services Ltd
6.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (24)
3 - Mir & Sons Services Ltd
24 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- Mir & Sons Services Ltd
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £40.3k, this is less efficient (£154.6k)
- Mir & Sons Services Ltd
£154.6k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (41 days)
- Mir & Sons Services Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 85 days, this is slower than average (33 days)
- Mir & Sons Services Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mir & Sons Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mir & Sons Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 194.3%, this is a higher level of debt than the average (61.5%)
194.3% - Mir & Sons Services Ltd
61.5% - Industry AVG
MIR & SONS SERVICES LTD financials
Mir & Sons Services Ltd's latest turnover from September 2023 is estimated at £121 thousand and the company has net assets of -£31.3 thousand. According to their latest financial statements, Mir & Sons Services Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 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 | 3 | 3 | 5 | 6 | 4 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,389 | 27,148 | 25,134 | 15,243 | 17,299 | 21,006 | 24,713 |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 14,389 | 27,148 | 25,134 | 15,243 | 17,299 | 21,006 | 24,713 |
| Stock & work in progress | |||||||
| Trade Debtors | 18,786 | 6,158 | 5,213 | 1,348 | 1,289 | 1,091 | 2,473 |
| Group Debtors | |||||||
| Misc Debtors | |||||||
| Cash | 870 | 4,721 | |||||
| misc current assets | |||||||
| total current assets | 18,786 | 6,158 | 5,213 | 1,348 | 1,289 | 1,961 | 7,194 |
| total assets | 33,175 | 33,306 | 30,347 | 16,591 | 18,588 | 22,967 | 31,907 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 23,469 | 19,317 | 10,243 | 25,314 | 26,238 | ||
| Group/Directors Accounts | 27,522 | 34,123 | |||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 5,871 | ||||||
| total current liabilities | 23,469 | 19,317 | 10,243 | 25,314 | 26,238 | 33,393 | 34,123 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 40,986 | 44,000 | 50,000 | ||||
| provisions | |||||||
| total long term liabilities | 40,986 | 44,000 | 50,000 | ||||
| total liabilities | 64,455 | 63,317 | 60,243 | 25,314 | 26,238 | 33,393 | 34,123 |
| net assets | -31,280 | -30,011 | -29,896 | -8,723 | -7,650 | -10,426 | -2,216 |
| total shareholders funds | -31,280 | -30,011 | -29,896 | -8,723 | -7,650 | -10,426 | -2,216 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 3,707 | 3,707 | |||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 12,628 | 945 | 3,865 | 59 | 198 | -1,382 | 2,473 |
| Creditors | 4,152 | 9,074 | -15,071 | -924 | 26,238 | ||
| Accruals and Deferred Income | -5,871 | 5,871 | |||||
| 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 | -27,522 | -6,601 | 34,123 | ||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | -3,014 | -6,000 | 50,000 | ||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -870 | -3,851 | 4,721 | ||||
| overdraft | |||||||
| change in cash | -870 | -3,851 | 4,721 |
mir & sons services ltd Credit Report and Business Information
Mir & Sons Services Ltd Competitor Analysis
Perform a competitor analysis for mir & sons services ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in SL1 area or any other competitors across 12 key performance metrics.
mir & sons services ltd Ownership
MIR & SONS SERVICES LTD group structure
Mir & Sons Services Ltd has no subsidiary companies.
Ultimate parent company
MIR & SONS SERVICES LTD
10382870
mir & sons services ltd directors
Mir & Sons Services Ltd currently has 1 director, Mr Waqas Ali serving since Mar 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Waqas Ali | England | 33 years | Mar 2019 | - | Director |
P&L
September 2023turnover
121k
+39%
operating profit
-1.3k
0%
gross margin
17.5%
+3.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-31.3k
+0.04%
total assets
33.2k
0%
cash
0
0%
net assets
Total assets minus all liabilities
mir & sons services ltd company details
company number
10382870
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
September 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
7 leiston spur, slough, SL1 3JN
Bank
-
Legal Advisor
-
mir & sons services 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 mir & sons services ltd.
mir & sons services 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.
Click to start generating capital raising & share issue transactions for MIR & SONS SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
mir & sons services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
