Pomanda estimates the enterprise value of MIC WONG LIMITED at £340.9k based on a Turnover of £177.5k and 1.92x industry multiple (adjusted for size and gross margin).
mic wong limitedEstimated Valuation
£30.8k
Pomanda estimates the enterprise value of MIC WONG LIMITED at £30.8k based on an EBITDA of £7.3k and a 4.2x industry multiple (adjusted for size and gross margin).
mic wong limitedEstimated Valuation
£6.7k
Pomanda estimates the enterprise value of MIC WONG LIMITED at £6.7k based on Net Assets of £4.1k and 1.64x industry multiple (adjusted for liquidity).
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Mic Wong LimitedOverview
Mic Wong Limited is a live company located in london, E14 0LB with a Companies House number of 10615204. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2017, it's largest shareholder is
michael wai ho wong
with a 50% stake. Mic Wong Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£177.5k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Mic Wong Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £177.5k, make it smaller than the average company (£703.7k)
£177.5k - Mic Wong Limited
£703.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 66%, show it is growing at a faster rate (4.4%)
66% - Mic Wong Limited
4.4% - Industry AVG
Production
with a gross margin of 24.8%, this company has a higher cost of product (68.9%)
24.8% - Mic Wong Limited
68.9% - Industry AVG
Profitability
an operating margin of 4.1% make it less profitable than the average company (19.2%)
4.1% - Mic Wong Limited
19.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Mic Wong Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
£36.8k - Mic Wong Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £177.5k, this is equally as efficient (£159.9k)
£177.5k - Mic Wong Limited
£159.9k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is later than average (35 days)
49 days - Mic Wong Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 715 days, this is slower than average (32 days)
715 days - Mic Wong Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mic Wong Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mic Wong Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.2%, this is a higher level of debt than the average (63.8%)
99.2% - Mic Wong Limited
63.8% - Industry AVG
MIC WONG LIMITED financials
EXPORT
Mic Wong Limited's latest turnover from February 2024 is estimated at £177.5 thousand and the company has net assets of £4.1 thousand. According to their latest financial statements, we estimate that Mic Wong Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Turnover
177,470
128,767
253,619
38,622
62,332
59,723
Other Income Or Grants
Cost Of Sales
133,415
97,296
194,230
29,962
48,194
45,113
Gross Profit
44,055
31,472
59,389
8,660
14,139
14,610
Admin Expenses
36,723
27,776
62,873
10,339
13,371
13,750
574
Operating Profit
7,332
3,696
-3,484
-1,679
768
860
-574
Interest Payable
Interest Receivable
1
8
2
Pre-Tax Profit
7,332
3,696
-3,484
-1,678
777
862
-574
Tax
-1,833
-702
-148
-164
Profit After Tax
5,499
2,994
-3,484
-1,678
629
698
-574
Dividends Paid
Retained Profit
5,499
2,994
-3,484
-1,678
629
698
-574
Employee Costs
36,831
35,724
34,344
32,374
33,947
33,276
Number Of Employees
1
1
1
1
1
1
EBITDA*
7,332
3,696
-3,484
-1,679
768
860
-574
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Tangible Assets
491,833
491,833
93,582
93,582
47,282
Intangible Assets
Investments & Other
93,582
70,432
Debtors (Due After 1 year)
Total Fixed Assets
491,833
491,833
93,582
93,582
93,582
70,432
47,282
Stock & work in progress
Trade Debtors
23,904
13,746
76,957
669
Group Debtors
Misc Debtors
Cash
1,717
466
115
misc current assets
total current assets
23,904
13,746
76,957
669
1,717
466
115
total assets
515,737
505,579
170,539
94,251
95,299
70,898
47,397
Bank overdraft
Bank loan
Trade Creditors
261,653
256,994
174,948
95,176
Group/Directors Accounts
15,036
other short term finances
hp & lease commitments
other current liabilities
94,545
70,773
32,934
total current liabilities
261,653
256,994
174,948
95,176
94,545
70,773
47,970
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
250,000
250,000
provisions
total long term liabilities
250,000
250,000
total liabilities
511,653
506,994
174,948
95,176
94,545
70,773
47,970
net assets
4,084
-1,415
-4,409
-925
754
125
-573
total shareholders funds
4,084
-1,415
-4,409
-925
754
125
-573
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Operating Activities
Operating Profit
7,332
3,696
-3,484
-1,679
768
860
-574
Depreciation
Amortisation
Tax
-1,833
-702
-148
-164
Stock
Debtors
10,158
-63,211
76,288
669
Creditors
4,659
82,046
79,772
95,176
Accruals and Deferred Income
-94,545
23,772
37,839
32,934
Deferred Taxes & Provisions
Cash flow from operations
148,251
-1,717
24,392
38,535
32,360
Investing Activities
capital expenditure
-398,251
-93,582
47,282
-47,282
Change in Investments
-93,582
23,150
70,432
cash flow from investments
-398,251
-23,150
-23,150
-47,282
Financing Activities
Bank loans
Group/Directors Accounts
-15,036
15,036
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
250,000
share issue
-1
1
interest
1
8
2
cash flow from financing
250,000
8
-15,034
15,037
cash and cash equivalents
cash
-1,717
1,251
351
115
overdraft
change in cash
-1,717
1,251
351
115
mic wong limited 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 mic wong limited. Get real-time insights into mic wong limited's credit score, group structure and payment trends.
Perform a competitor analysis for mic wong limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in E14 area or any other competitors across 12 key performance metrics.
mic wong limited Ownership
MIC WONG LIMITED group structure
Mic Wong Limited has no subsidiary companies.
Ultimate parent company
MIC WONG LIMITED
10615204
MIC WONG LIMITED Shareholders
The largest shareholders in Mic Wong Limited include Michael Wai Ho Wong and Wai Yin Chung.
michael wai ho wong
50%
wai yin chung
50%
mic wong limited directors
Mic Wong Limited currently has 2 directors.
The longest serving directors include
Mr Michael Wong (Feb 2017) and
Mr Wai Chung (Sep 2021).
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 mic wong limited. Currently there are 1 open charges and 0 have been satisfied in the past.
mic wong limited 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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mic wong limitedCompanies House Filings - See Documents
