Pomanda estimates the enterprise value of MYPOS PAYMENTS LTD at £10.3m based on a Turnover of £11.5m and 0.9x industry multiple (adjusted for size and gross margin).
mypos payments ltdEstimated Valuation
£2.2m
Pomanda estimates the enterprise value of MYPOS PAYMENTS LTD at £2.2m based on an EBITDA of £567.1k and a 3.89x industry multiple (adjusted for size and gross margin).
mypos payments ltdEstimated Valuation
£4.4m
Pomanda estimates the enterprise value of MYPOS PAYMENTS LTD at £4.4m based on Net Assets of £2.6m and 1.67x industry multiple (adjusted for liquidity).
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Mypos Payments LtdOverview
Mypos Payments Ltd is a live company located in london, WC1R 4QH with a Companies House number of 10630670. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in February 2017, it's largest shareholder is
my pos world
with a 100% stake. Mypos Payments Ltd is a young,
mid sized company, Pomanda has estimated its turnover at
£11.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Mypos Payments Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
1 Regular
4 Weak
Size
annual sales of £11.5m, make it larger than the average company (£5.8m)
£11.5m - Mypos Payments Ltd
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 61%, show it is growing at a faster rate (5.5%)
61% - Mypos Payments Ltd
5.5% - Industry AVG
Production
with a gross margin of 22.8%, this company has a higher cost of product (59%)
22.8% - Mypos Payments Ltd
59% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (6.7%)
3.8% - Mypos Payments Ltd
6.7% - Industry AVG
Employees
with 26 employees, this is similar to the industry average (24)
26 - Mypos Payments Ltd
24 - Industry AVG
Pay Structure
on an average salary of £58.5k, the company has a lower pay structure (£80k)
£58.5k - Mypos Payments Ltd
£80k - Industry AVG
Efficiency
resulting in sales per employee of £441.8k, this is more efficient (£198.7k)
£441.8k - Mypos Payments Ltd
£198.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mypos Payments Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (41 days)
5 days - Mypos Payments Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mypos Payments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 47 weeks, this is more cash available to meet short term requirements (23 weeks)
47 weeks - Mypos Payments Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.4%, this is a higher level of debt than the average (64.4%)
93.4% - Mypos Payments Ltd
64.4% - Industry AVG
MYPOS PAYMENTS LTD financials
EXPORT
Mypos Payments Ltd's latest turnover from December 2023 is £11.5 million and the company has net assets of £2.6 million. According to their latest financial statements, Mypos Payments Ltd has 26 employees and maintains cash reserves of £34.5 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Mar 2019
Mar 2018
Turnover
11,486,945
5,755,894
2,209,028
2,745,439
2,899,703
2,252,161
3,856,831
Other Income Or Grants
Cost Of Sales
8,867,883
3,614,747
556,831
893,347
775,327
713,786
3,344,243
Gross Profit
2,619,062
2,141,147
1,652,197
1,852,091
2,124,376
1,538,374
512,588
Admin Expenses
2,183,913
1,918,280
1,482,035
1,446,357
1,672,921
2,196,821
549,207
Operating Profit
435,149
222,867
170,162
405,734
451,455
-658,447
-36,619
Interest Payable
172,509
95,502
3,557
4,930
24
Interest Receivable
Pre-Tax Profit
262,641
127,365
166,605
400,804
451,431
-658,447
-36,664
Tax
-4,075
-29,768
32,462
-34,643
-7,055
Profit After Tax
258,565
97,597
199,068
366,161
444,376
-658,447
-36,664
Dividends Paid
Retained Profit
258,565
97,597
199,068
366,161
444,376
-658,447
-36,664
Employee Costs
1,520,705
1,222,660
981,077
952,418
1,161,640
1,016,314
194,955
Number Of Employees
26
27
29
30
35
22
3
EBITDA*
567,139
284,106
179,620
422,524
468,121
-642,477
-31,987
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Mar 2019
Mar 2018
Tangible Assets
11,862
16,011
34,158
20,859
37,135
50,797
46,550
Intangible Assets
222,558
171,960
107,152
22,833
Investments & Other
1
1
Debtors (Due After 1 year)
25,203
18,723
19,586
Total Fixed Assets
259,625
206,696
141,310
43,692
37,134
50,796
46,550
Stock & work in progress
Trade Debtors
309
190,421
Group Debtors
1,153,129
1,259,928
1,084,559
1,508,857
1,641,270
726,247
193,343
Misc Debtors
4,264,222
1,952,925
1,393,606
3,056,044
204,551
260,719
71,052
Cash
34,531,437
30,936,475
25,642,545
12,838,590
571,408
1,542,312
785,184
misc current assets
total current assets
39,948,789
34,149,329
28,120,711
17,403,801
2,417,232
2,719,700
1,049,580
total assets
40,208,414
34,356,024
28,262,021
17,447,493
2,454,366
2,770,496
1,096,130
Bank overdraft
Bank loan
Trade Creditors
139,645
222,869
131,425
51,642
316,118
102,695
81,969
Group/Directors Accounts
433,256
878,895
1
other short term finances
hp & lease commitments
other current liabilities
36,954,300
30,850,573
25,859,917
15,193,402
295,253
1,328,451
45,778
total current liabilities
37,527,201
31,952,337
25,991,345
15,245,046
611,373
1,431,147
127,750
loans
263,452
255,384
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
43,113
24,153
18,372
16,598
14,108
total long term liabilities
43,113
24,154
9,186
140,025
134,746
total liabilities
37,570,315
31,976,491
26,000,531
15,385,071
746,119
1,431,147
127,750
net assets
2,638,099
2,379,533
2,261,490
2,062,422
1,708,247
1,339,349
968,380
total shareholders funds
2,638,099
2,379,533
2,261,489
2,062,422
1,708,246
1,339,350
968,381
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Mar 2019
Mar 2018
Operating Activities
Operating Profit
435,149
222,867
170,162
405,734
451,455
-658,447
-36,619
Depreciation
9,014
6,872
6,287
16,790
16,666
15,970
4,632
Amortisation
122,976
54,367
3,170
Tax
-4,075
-29,768
32,462
-34,643
-7,055
Stock
Debtors
2,210,978
733,825
-2,067,459
2,719,388
1,581,427
912,993
264,395
Creditors
-83,224
91,444
79,783
-264,476
234,149
20,725
81,969
Accruals and Deferred Income
6,103,727
4,990,656
10,666,515
14,898,149
249,475
1,282,673
45,778
Deferred Taxes & Provisions
18,960
5,781
1,774
2,490
14,108
Cash flow from operations
4,391,549
4,608,394
13,027,612
12,304,656
-622,629
-252,072
-168,635
Investing Activities
capital expenditure
-107,075
-23,348
-7,251
-20,217
-51,182
Change in Investments
1
cash flow from investments
-1
-107,075
-23,348
-7,251
-20,217
-51,182
Financing Activities
Bank loans
Group/Directors Accounts
-445,639
878,894
1
Other Short Term Loans
Long term loans
-263,452
8,068
255,384
Hire Purchase and Lease Commitments
other long term liabilities
share issue
20,447
-11,986
295,490
1,029,416
1,005,045
interest
-172,509
-95,502
-3,557
-4,930
-24
cash flow from financing
-618,148
803,839
-267,008
-8,848
550,850
1,029,416
1,005,045
cash and cash equivalents
cash
3,594,962
5,293,930
12,803,955
12,267,182
-213,776
757,128
785,184
overdraft
change in cash
3,594,962
5,293,930
12,803,955
12,267,182
-213,776
757,128
785,184
mypos payments 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 mypos payments ltd. Get real-time insights into mypos payments ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mypos payments ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in WC1R area or any other competitors across 12 key performance metrics.
63110 - Data processing, hosting and related activities
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
NOVAPAY TECHNOLOGIES INC
accounts
Full Accounts
last accounts submitted
December 2023
previous names
mypos europe ltd (October 2022)
accountant
-
auditor
GRANT THORNTON
address
summit house 12 red lion square, london, WC1R 4QH
Bank
BNP PARIBAS
Legal Advisor
PROKOPIEVA TROYANOV RUSSENOV & PARTNERS
mypos payments 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 mypos payments ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
mypos payments 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 MYPOS PAYMENTS LTD. This can take several minutes, an email will notify you when this has completed.
mypos payments ltdCompanies House Filings - See Documents
