myogenes limited

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myogenes limited Company Information

Share MYOGENES LIMITED

Company Number

10399052

Shareholders

zvi zahavi

clare rachelle coverman

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Group Structure

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Industry

Other human health activities

 

Registered Address

kinetic business centre, theobald street, borehamwood, WD6 4PJ

myogenes limited Estimated Valuation

£380.4k

Pomanda estimates the enterprise value of MYOGENES LIMITED at £380.4k based on a Turnover of £753.5k and 0.5x industry multiple (adjusted for size and gross margin).

myogenes limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MYOGENES LIMITED at £0 based on an EBITDA of £-466.4k and a 3.89x industry multiple (adjusted for size and gross margin).

myogenes limited Estimated Valuation

£60.2k

Pomanda estimates the enterprise value of MYOGENES LIMITED at £60.2k based on Net Assets of £25.6k and 2.35x industry multiple (adjusted for liquidity).

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Myogenes Limited Overview

Myogenes Limited is a live company located in borehamwood, WD6 4PJ with a Companies House number of 10399052. It operates in the other human health activities sector, SIC Code 86900. Founded in September 2016, it's largest shareholder is zvi zahavi with a 14.7% stake. Myogenes Limited is a young, small sized company, Pomanda has estimated its turnover at £753.5k with high growth in recent years.

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Myogenes Limited Health Check

Pomanda's financial health check has awarded Myogenes Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £753.5k, make it in line with the average company (£728.4k)

£753.5k - Myogenes Limited

£728.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (7.2%)

24% - Myogenes Limited

7.2% - Industry AVG

production

Production

with a gross margin of 38.6%, this company has a comparable cost of product (38.6%)

38.6% - Myogenes Limited

38.6% - Industry AVG

profitability

Profitability

an operating margin of -62.4% make it less profitable than the average company (5.2%)

-62.4% - Myogenes Limited

5.2% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (18)

6 - Myogenes Limited

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.5k, the company has an equivalent pay structure (£26.5k)

£26.5k - Myogenes Limited

£26.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £125.6k, this is more efficient (£45.8k)

£125.6k - Myogenes Limited

£45.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 26 days, this is later than average (20 days)

26 days - Myogenes Limited

20 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 115 days, this is slower than average (18 days)

115 days - Myogenes Limited

18 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is less than average (13 days)

3 days - Myogenes Limited

13 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (126 weeks)

8 weeks - Myogenes Limited

126 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 93.8%, this is a higher level of debt than the average (22.4%)

93.8% - Myogenes Limited

22.4% - Industry AVG

MYOGENES LIMITED financials

EXPORTms excel logo

Myogenes Limited's latest turnover from March 2024 is estimated at £753.5 thousand and the company has net assets of £25.6 thousand. According to their latest financial statements, Myogenes Limited has 6 employees and maintains cash reserves of £57.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Sep 2018Sep 2017
Turnover753,471502,622467,390390,927205,085183,589127,386
Other Income Or Grants
Cost Of Sales462,722313,897297,655257,104131,064118,89778,821
Gross Profit290,749188,725169,735133,82274,02164,69148,564
Admin Expenses760,861489,042513,511262,058367,184201,381102,403
Operating Profit-470,112-300,317-343,776-128,236-293,163-136,690-53,839
Interest Payable3,6324,1763,0581,434
Interest Receivable6,5418,5851,067491313322
Pre-Tax Profit-467,203-295,908-345,767-129,621-293,150-136,558-53,817
Tax
Profit After Tax-467,203-295,908-345,767-129,621-293,150-136,558-53,817
Dividends Paid
Retained Profit-467,203-295,908-345,767-129,621-293,150-136,558-53,817
Employee Costs158,889125,469167,429139,11668,15764,91764,196
Number Of Employees6576333
EBITDA*-466,386-297,372-341,280-126,935-292,326-136,345-53,839

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Sep 2018Sep 2017
Tangible Assets6,8382,9205,8645,218659896
Intangible Assets
Investments & Other54,31654,316150
Debtors (Due After 1 year)
Total Fixed Assets61,15457,2366,0145,218659896
Stock & work in progress4,5684,5684,568
Trade Debtors54,94735,87432,48620,85010,95615,8109,179
Group Debtors228,816226,553145,86922,139
Misc Debtors6,7449,0746,6159,7813,3282,4862,864
Cash57,658191,538212,45672,11025,23517,55717,776
misc current assets
total current assets352,733467,607401,994124,88039,51935,85329,819
total assets413,887524,843408,008130,09840,17836,74929,819
Bank overdraft
Bank loan
Trade Creditors 146,36599,19462,20651,13232,99219,75510,599
Group/Directors Accounts194,70070,086
other short term finances
hp & lease commitments
other current liabilities215,217267,637201,888254,737299,33611,6691,951
total current liabilities361,582366,831264,094305,869332,328226,12482,636
loans26,69037,88643,60147,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities26,69037,88643,60147,000
total liabilities388,272404,717307,695352,869332,328226,12482,636
net assets25,615120,126100,313-222,771-292,150-189,375-52,817
total shareholders funds25,615120,126100,313-222,771-292,150-189,375-52,817
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Sep 2018Sep 2017
Operating Activities
Operating Profit-470,112-300,317-343,776-128,236-293,163-136,690-53,839
Depreciation3,7262,9452,4961,301837345
Amortisation
Tax
Stock4,568
Debtors19,00686,531132,20038,48614,2846,25312,043
Creditors47,17136,98811,07418,14032,9929,15610,599
Accruals and Deferred Income-52,42065,749-52,849-44,599299,3369,7181,951
Deferred Taxes & Provisions
Cash flow from operations-490,641-281,166-519,823-191,88025,718-123,724-53,332
Investing Activities
capital expenditure-7,644-1-3,142-5,860-1,496-1,241
Change in Investments54,166150
cash flow from investments-7,644-54,167-3,292-5,860-1,496-1,241
Financing Activities
Bank loans
Group/Directors Accounts124,61470,086
Other Short Term Loans
Long term loans-11,196-5,715-3,39947,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue372,692315,721668,851199,0001,0001,000
interest2,9094,409-1,991-1,3851313322
cash flow from financing364,405314,415663,461244,6151,013124,74771,108
cash and cash equivalents
cash-133,880-20,918140,34646,87525,235-21917,776
overdraft
change in cash-133,880-20,918140,34646,87525,235-21917,776

myogenes limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Myogenes Limited Competitor Analysis

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Perform a competitor analysis for myogenes limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in WD6 area or any other competitors across 12 key performance metrics.

myogenes limited Ownership

MYOGENES LIMITED group structure

Myogenes Limited has no subsidiary companies.

Ultimate parent company

MYOGENES LIMITED

10399052

MYOGENES LIMITED Shareholders

zvi zahavi 14.66%
clare rachelle coverman 13.59%
trustees of the m & l brenner (merchants) limited & retirement benefits scheme 13.03%
paula denise lent 12.57%
malcolm howard brenner 6.75%
alan cesman 3.35%
harry handelman 3.05%
veenay shah 2.8%
michael mowlem 2.53%
john philip de blocq van kuffeler 2.28%

myogenes limited directors

Myogenes Limited currently has 9 directors. The longest serving directors include Mr Malcolm Brenner (Sep 2016) and Mrs Clare Coverman (Sep 2017).

officercountryagestartendrole
Mr Malcolm BrennerEngland83 years Sep 2016- Director
Mrs Clare CovermanEngland57 years Sep 2017- Director
Mr Zvi ZahaviEngland63 years Sep 2018- Director
Mr Marc HowellsUnited Kingdom60 years Apr 2023- Director
Mr Martin LentEngland70 years Apr 2023- Director
Mr John De Blocq Van Kuffeler76 years Jun 2023- Director
Mr Ashok SoniEngland63 years Oct 2023- Director
Prof David TaylorEngland61 years Nov 2023- Director
Ms Natalia NovacEngland51 years Jun 2024- Director

P&L

March 2024

turnover

753.5k

+50%

operating profit

-470.1k

0%

gross margin

38.6%

+2.77%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

25.6k

-0.79%

total assets

413.9k

-0.21%

cash

57.7k

-0.7%

net assets

Total assets minus all liabilities

myogenes limited company details

company number

10399052

Type

Private limited with Share Capital

industry

86900 - Other human health activities

incorporation date

September 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

kinetic business centre, theobald street, borehamwood, WD6 4PJ

Bank

-

Legal Advisor

-

myogenes limited 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 myogenes limited.

myogenes limited Capital Raised & Share Issues BETA

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myogenes limited Companies House Filings - See Documents

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