mha optical services ltd
mha optical services ltd Company Information
Company Number
10740080
Website
-Registered Address
5 nicholson street, rochdale, OL11 1PT
Industry
Other human health activities
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Mohammed Ashiq7 Years
Shareholders
mohammed ashiq 75%
parveen akhtar 25%
mha optical services ltd Estimated Valuation
Pomanda estimates the enterprise value of MHA OPTICAL SERVICES LTD at £12.2k based on a Turnover of £28.3k and 0.43x industry multiple (adjusted for size and gross margin).
mha optical services ltd Estimated Valuation
Pomanda estimates the enterprise value of MHA OPTICAL SERVICES LTD at £0 based on an EBITDA of £-15.9k and a 3.63x industry multiple (adjusted for size and gross margin).
mha optical services ltd Estimated Valuation
Pomanda estimates the enterprise value of MHA OPTICAL SERVICES LTD at £13.1k based on Net Assets of £5.3k and 2.49x industry multiple (adjusted for liquidity).
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Mha Optical Services Ltd Overview
Mha Optical Services Ltd is a dissolved company that was located in rochdale, OL11 1PT with a Companies House number of 10740080. It operated in the other human health activities sector, SIC Code 86900. Founded in April 2017, it's largest shareholder was mohammed ashiq with a 75% stake. The last turnover for Mha Optical Services Ltd was estimated at £28.3k.
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Mha Optical Services Ltd Health Check
Pomanda's financial health check has awarded Mha Optical Services Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £28.3k, make it smaller than the average company (£685.3k)
- Mha Optical Services Ltd
£685.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (5.4%)
- Mha Optical Services Ltd
5.4% - Industry AVG
Production
with a gross margin of 21.1%, this company has a higher cost of product (36.8%)
- Mha Optical Services Ltd
36.8% - Industry AVG
Profitability
an operating margin of -56.3% make it less profitable than the average company (5.9%)
- Mha Optical Services Ltd
5.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (18)
1 - Mha Optical Services Ltd
18 - Industry AVG
Pay Structure
on an average salary of £25k, the company has an equivalent pay structure (£25k)
- Mha Optical Services Ltd
£25k - Industry AVG
Efficiency
resulting in sales per employee of £28.3k, this is less efficient (£46.3k)
- Mha Optical Services Ltd
£46.3k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (24 days)
- Mha Optical Services Ltd
24 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (18 days)
- Mha Optical Services Ltd
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mha Optical Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mha Optical Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.5%, this is a lower level of debt than the average (25.6%)
5.5% - Mha Optical Services Ltd
25.6% - Industry AVG
MHA OPTICAL SERVICES LTD financials
Mha Optical Services Ltd's latest turnover from April 2023 is estimated at £28.3 thousand and the company has net assets of £5.3 thousand. According to their latest financial statements, Mha Optical Services Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,568 | 23,360 | 37,833 | 23,128 | 48,010 | 23,269 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,568 | 23,360 | 37,833 | 23,128 | 48,010 | 23,269 |
| total assets | 5,568 | 23,360 | 37,833 | 23,128 | 48,010 | 23,269 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 306 | 2,167 | 19,321 | 19,763 | 47,178 | 20,505 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 306 | 2,167 | 19,321 | 19,763 | 47,178 | 20,505 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 306 | 2,167 | 19,321 | 19,763 | 47,178 | 20,505 |
| net assets | 5,262 | 21,193 | 18,512 | 3,365 | 832 | 2,764 |
| total shareholders funds | 5,262 | 21,193 | 18,512 | 3,365 | 832 | 2,764 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -17,792 | -14,473 | 14,705 | -24,882 | 24,741 | 23,269 |
| Creditors | -1,861 | -17,154 | -442 | -27,415 | 26,673 | 20,505 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
mha optical services ltd Credit Report and Business Information
Mha Optical Services Ltd Competitor Analysis
Perform a competitor analysis for mha optical services ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other undefined companies, companies in OL11 area or any other competitors across 12 key performance metrics.
mha optical services ltd Ownership
MHA OPTICAL SERVICES LTD group structure
Mha Optical Services Ltd has no subsidiary companies.
Ultimate parent company
MHA OPTICAL SERVICES LTD
10740080
mha optical services ltd directors
Mha Optical Services Ltd currently has 1 director, Mr Mohammed Ashiq serving since Apr 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammed Ashiq | England | 30 years | Apr 2017 | - | Director |
P&L
April 2023turnover
28.3k
-57%
operating profit
-15.9k
0%
gross margin
21.1%
-1.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
5.3k
-0.75%
total assets
5.6k
-0.76%
cash
0
0%
net assets
Total assets minus all liabilities
mha optical services ltd company details
company number
10740080
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
April 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
April 2023
address
5 nicholson street, rochdale, OL11 1PT
accountant
-
auditor
-
mha optical services 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 did not find charges/mortgages relating to mha optical services ltd.
mha optical services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
