mio angelo limited
mio angelo limited Company Information
Company Number
10501556
Website
-Registered Address
the white swan inn, prestwick road, dinninton, tyne and wear, NE13 7AG
Industry
Licensed restaurants
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
ciara farini 100%
mio angelo limited Estimated Valuation
Pomanda estimates the enterprise value of MIO ANGELO LIMITED at £490k based on a Turnover of £751.3k and 0.65x industry multiple (adjusted for size and gross margin).
mio angelo limited Estimated Valuation
Pomanda estimates the enterprise value of MIO ANGELO LIMITED at £579.9k based on an EBITDA of £117k and a 4.96x industry multiple (adjusted for size and gross margin).
mio angelo limited Estimated Valuation
Pomanda estimates the enterprise value of MIO ANGELO LIMITED at £809.5k based on Net Assets of £266.1k and 3.04x industry multiple (adjusted for liquidity).
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Mio Angelo Limited Overview
Mio Angelo Limited is a live company located in dinninton, NE13 7AG with a Companies House number of 10501556. It operates in the licenced restaurants sector, SIC Code 56101. Founded in November 2016, it's largest shareholder is ciara farini with a 100% stake. Mio Angelo Limited is a young, small sized company, Pomanda has estimated its turnover at £751.3k with high growth in recent years.
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Mio Angelo Limited Health Check
Pomanda's financial health check has awarded Mio Angelo Limited a 4 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
4 Strong
2 Regular
5 Weak
Size
annual sales of £751.3k, make it smaller than the average company (£3.2m)
- Mio Angelo Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (11.3%)
- Mio Angelo Limited
11.3% - Industry AVG
Production
with a gross margin of 56.2%, this company has a comparable cost of product (56.2%)
- Mio Angelo Limited
56.2% - Industry AVG
Profitability
an operating margin of 12.5% make it more profitable than the average company (2.2%)
- Mio Angelo Limited
2.2% - Industry AVG
Employees
with 19 employees, this is below the industry average (50)
19 - Mio Angelo Limited
50 - Industry AVG
Pay Structure
on an average salary of £19.5k, the company has an equivalent pay structure (£19.5k)
- Mio Angelo Limited
£19.5k - Industry AVG
Efficiency
resulting in sales per employee of £39.5k, this is less efficient (£53.4k)
- Mio Angelo Limited
£53.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mio Angelo Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (47 days)
- Mio Angelo Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (11 days)
- Mio Angelo Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (10 weeks)
7 weeks - Mio Angelo Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69%, this is a lower level of debt than the average (87.7%)
69% - Mio Angelo Limited
87.7% - Industry AVG
MIO ANGELO LIMITED financials
Mio Angelo Limited's latest turnover from December 2023 is estimated at £751.3 thousand and the company has net assets of £266.1 thousand. According to their latest financial statements, Mio Angelo Limited has 19 employees and maintains cash reserves of £50.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 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 | 19 | 16 | 13 | 13 | 12 | 14 | 15 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 738,559 | 756,104 | 773,781 | 793,904 | 821,590 | 839,823 | 865,060 |
| Intangible Assets | 10,674 | 13,674 | 16,674 | 18,924 | 21,924 | 24,924 | 27,923 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 749,233 | 769,778 | 790,455 | 812,828 | 843,514 | 864,747 | 892,983 |
| Stock & work in progress | 6,000 | 2,000 | 2,000 | 2,000 | 9,000 | 9,000 | 9,000 |
| Trade Debtors | 0 | 0 | 7,354 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 52,764 | 51,334 | 43,813 | 43,813 | 49,152 | 53,760 | 36,267 |
| Cash | 50,190 | 63,147 | 55,699 | 26,108 | 20,707 | 13,305 | 20,959 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 108,954 | 116,481 | 108,866 | 71,921 | 78,859 | 76,065 | 66,226 |
| total assets | 858,187 | 886,259 | 899,321 | 884,749 | 922,373 | 940,812 | 959,209 |
| Bank overdraft | 18,799 | 283,227 | 291,927 | 0 | 0 | 19,812 | 17,400 |
| Bank loan | 0 | 0 | 0 | 76,705 | 28,945 | 0 | 0 |
| Trade Creditors | 33,030 | 42,352 | 32,997 | 23,743 | 46,452 | 14,955 | 20,798 |
| 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 | 293,495 | 342,362 | 282,123 | 298,102 | 283,080 | 204,461 | 209,262 |
| total current liabilities | 345,324 | 667,941 | 607,047 | 398,550 | 358,477 | 239,228 | 247,460 |
| loans | 244,725 | 0 | 0 | 229,945 | 238,169 | 263,483 | 281,364 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,016 | 2,016 | 3,635 | 3,635 | 4,932 | 5,757 | 0 |
| total long term liabilities | 246,741 | 2,016 | 3,635 | 233,580 | 243,101 | 269,240 | 281,364 |
| total liabilities | 592,065 | 669,957 | 610,682 | 632,130 | 601,578 | 508,468 | 528,824 |
| net assets | 266,122 | 216,302 | 288,639 | 252,619 | 320,795 | 432,344 | 430,385 |
| total shareholders funds | 266,122 | 216,302 | 288,639 | 252,619 | 320,795 | 432,344 | 430,385 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 20,295 | 25,463 | 27,686 | 26,447 | 25,937 | 17,365 | |
| Amortisation | 3,000 | 3,000 | 3,000 | 3,000 | 2,999 | 2,077 | |
| Tax | |||||||
| Stock | 4,000 | 0 | 0 | -7,000 | 0 | 0 | 9,000 |
| Debtors | 1,430 | 167 | 7,354 | -5,339 | -4,608 | 17,493 | 36,267 |
| Creditors | -9,322 | 9,355 | 9,254 | -22,709 | 31,497 | -5,843 | 20,798 |
| Accruals and Deferred Income | -48,867 | 60,239 | -15,979 | 15,022 | 78,619 | -4,801 | 209,262 |
| Deferred Taxes & Provisions | 0 | -1,619 | 0 | -1,297 | -825 | 5,757 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | -76,705 | 47,760 | 28,945 | 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 | 244,725 | 0 | -229,945 | -8,224 | -25,314 | -17,881 | 281,364 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -12,957 | 7,448 | 29,591 | 5,401 | 7,402 | -7,654 | 20,959 |
| overdraft | -264,428 | -8,700 | 291,927 | 0 | -19,812 | 2,412 | 17,400 |
| change in cash | 251,471 | 16,148 | -262,336 | 5,401 | 27,214 | -10,066 | 3,559 |
mio angelo limited Credit Report and Business Information
Mio Angelo Limited Competitor Analysis
Perform a competitor analysis for mio angelo limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in NE13 area or any other competitors across 12 key performance metrics.
mio angelo limited Ownership
MIO ANGELO LIMITED group structure
Mio Angelo Limited has no subsidiary companies.
Ultimate parent company
MIO ANGELO LIMITED
10501556
mio angelo limited directors
Mio Angelo Limited currently has 2 directors. The longest serving directors include Mr Giuseppe Iannitello (Nov 2016) and Miss Ciara Farini (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Giuseppe Iannitello | 79 years | Nov 2016 | - | Director | |
| Miss Ciara Farini | 26 years | Oct 2021 | - | Director |
P&L
December 2023turnover
751.3k
+26%
operating profit
93.7k
0%
gross margin
56.2%
+4.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
266.1k
+0.23%
total assets
858.2k
-0.03%
cash
50.2k
-0.21%
net assets
Total assets minus all liabilities
mio angelo limited company details
company number
10501556
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
November 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2023
address
the white swan inn, prestwick road, dinninton, tyne and wear, NE13 7AG
accountant
INSPIRE
auditor
-
mio angelo 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 mio angelo limited.
mio angelo limited Companies House Filings - See Documents
| date | description | view/download |
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