Pomanda estimates the enterprise value of MI CARE WICKSTEED COURT LTD at £360.6k based on a Turnover of £557.3k and 0.65x industry multiple (adjusted for size and gross margin).
mi care wicksteed court ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MI CARE WICKSTEED COURT LTD at £0 based on an EBITDA of £-157.4k and a 5.1x industry multiple (adjusted for size and gross margin).
mi care wicksteed court ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MI CARE WICKSTEED COURT LTD at £0 based on Net Assets of £-35.1k and 2.81x industry multiple (adjusted for liquidity).
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Mi Care Wicksteed Court LtdOverview
Mi Care Wicksteed Court Ltd is a dissolved company that was located in barnet, EN5 5TZ with a Companies House number of 10475080. It operated in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in November 2016, it's largest shareholder was
mi care holdings limited
with a 100% stake. The last turnover for Mi Care Wicksteed Court Ltd was estimated at £557.3k.
Pomanda's financial health check has awarded Mi Care Wicksteed Court Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£2.7m)
£1.2m - Mi Care Wicksteed Court Ltd
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.6%)
7% - Mi Care Wicksteed Court Ltd
4.6% - Industry AVG
Production
with a gross margin of 29.3%, this company has a higher cost of product (38.5%)
29.3% - Mi Care Wicksteed Court Ltd
38.5% - Industry AVG
Profitability
an operating margin of 3.2% make it less profitable than the average company (10.7%)
3.2% - Mi Care Wicksteed Court Ltd
10.7% - Industry AVG
Employees
with 24 employees, this is below the industry average (67)
24 - Mi Care Wicksteed Court Ltd
67 - Industry AVG
Pay Structure
on an average salary of £22.6k, the company has an equivalent pay structure (£22.6k)
£22.6k - Mi Care Wicksteed Court Ltd
£22.6k - Industry AVG
Efficiency
resulting in sales per employee of £51k, this is more efficient (£38.1k)
£51k - Mi Care Wicksteed Court Ltd
£38.1k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is later than average (15 days)
29 days - Mi Care Wicksteed Court Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 139 days, this is slower than average (14 days)
139 days - Mi Care Wicksteed Court Ltd
14 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mi Care Wicksteed Court Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mi Care Wicksteed Court Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.2%, this is a higher level of debt than the average (46.3%)
68.2% - Mi Care Wicksteed Court Ltd
46.3% - Industry AVG
MI CARE WICKSTEED COURT LTD financials
EXPORT
Mi Care Wicksteed Court Ltd's latest turnover from November 2023 is estimated at £557.3 thousand and the company has net assets of -£35.1 thousand. According to their latest financial statements, Mi Care Wicksteed Court Ltd has 29 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Turnover
557,285
1,223,660
1,489,441
1,211,853
990,481
1,421,057
1,607,350
Other Income Or Grants
Cost Of Sales
394,606
864,692
1,065,056
851,356
684,851
985,279
1,088,809
Gross Profit
162,680
358,968
424,385
360,497
305,630
435,778
518,541
Admin Expenses
320,031
319,768
315,678
336,908
336,048
405,080
493,101
Operating Profit
-157,351
39,200
108,707
23,589
-30,418
30,698
25,440
Interest Payable
Interest Receivable
Pre-Tax Profit
-157,351
39,200
108,707
23,589
-30,418
30,698
25,440
Tax
-7,448
-20,654
-4,482
-5,833
-4,834
Profit After Tax
-157,351
31,752
88,053
19,107
-30,418
24,865
20,606
Dividends Paid
Retained Profit
-157,351
31,752
88,053
19,107
-30,418
24,865
20,606
Employee Costs
685,648
542,571
444,618
561,929
423,534
662,380
714,516
Number Of Employees
29
24
21
28
22
36
41
EBITDA*
-157,351
39,200
108,707
23,589
-30,418
30,698
25,440
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Tangible Assets
384,974
385,454
391,978
352,693
317,120
229,037
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
384,974
385,454
391,978
352,693
317,120
229,037
Stock & work in progress
Trade Debtors
1
98,434
130,899
39,653
28,615
41,957
74,701
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
1
98,434
130,899
39,653
28,615
41,957
74,701
total assets
1
483,408
516,353
431,631
381,308
359,077
303,738
Bank overdraft
Bank loan
Trade Creditors
35,139
329,443
393,090
391,782
351,125
301,248
283,132
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
35,139
329,443
393,090
391,782
351,125
301,248
283,132
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,050
5,689
15,130
12,358
provisions
total long term liabilities
1,050
5,689
15,130
12,358
total liabilities
35,139
329,443
394,140
397,471
366,255
313,606
283,132
net assets
-35,138
153,965
122,213
34,160
15,053
45,471
20,606
total shareholders funds
-35,138
153,965
122,213
34,160
15,053
45,471
20,606
Nov 2023
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Operating Activities
Operating Profit
-157,351
39,200
108,707
23,589
-30,418
30,698
25,440
Depreciation
Amortisation
Tax
-7,448
-20,654
-4,482
-5,833
-4,834
Stock
Debtors
-130,898
-32,465
91,246
11,038
-13,342
-32,744
74,701
Creditors
-357,951
-63,647
1,308
40,657
49,877
18,116
283,132
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-384,404
570
-1,885
48,726
32,801
75,725
229,037
Investing Activities
capital expenditure
385,454
480
6,524
-39,285
-35,573
-88,083
-229,037
Change in Investments
cash flow from investments
385,454
480
6,524
-39,285
-35,573
-88,083
-229,037
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-1,050
-1,050
-4,639
-9,441
2,772
12,358
share issue
interest
cash flow from financing
-1,050
-1,050
-4,639
-9,441
2,772
12,358
cash and cash equivalents
cash
overdraft
change in cash
mi care wicksteed court ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for mi care wicksteed court ltd. Get real-time insights into mi care wicksteed court ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mi care wicksteed court ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other undefined companies, companies in EN5 area or any other competitors across 12 key performance metrics.
mi care wicksteed court ltd Ownership
MI CARE WICKSTEED COURT LTD group structure
Mi Care Wicksteed Court Ltd has no subsidiary companies.
beauchamp court, 10, b b k partn, victors way, barnet, EN5 5TZ
Bank
-
Legal Advisor
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mi care wicksteed court 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 found 1 charges/mortgages relating to mi care wicksteed court ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
mi care wicksteed court 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 MI CARE WICKSTEED COURT LTD. This can take several minutes, an email will notify you when this has completed.
mi care wicksteed court ltdCompanies House Filings - See Documents
