Pomanda estimates the enterprise value of MINDTECH GLOBAL LIMITED at £1.5m based on a Turnover of £2.5m and 0.61x industry multiple (adjusted for size and gross margin).
mindtech global limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MINDTECH GLOBAL LIMITED at £0 based on an EBITDA of £-2.5m and a 4.15x industry multiple (adjusted for size and gross margin).
mindtech global limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MINDTECH GLOBAL LIMITED at £0 based on Net Assets of £-724.3k and 2.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mindtech Global LimitedOverview
Mindtech Global Limited is a live company located in london, E14 5NR with a Companies House number of 10937593. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in August 2017, it's largest shareholder is
andrii grebin
with a 21.8% stake. Mindtech Global Limited is a young,
small sized company, Pomanda has estimated its turnover at
£2.5m with
declining
growth in recent years.
Pomanda's financial health check has awarded Mindtech Global Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
4 Regular
5 Weak
Size
annual sales of £2.5m, make it in line with the average company (£2.9m)
£2.5m - Mindtech Global Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (7.2%)
-19% - Mindtech Global Limited
7.2% - Industry AVG
Production
with a gross margin of 45%, this company has a comparable cost of product (45%)
45% - Mindtech Global Limited
45% - Industry AVG
Profitability
an operating margin of -98.2% make it less profitable than the average company (5.6%)
-98.2% - Mindtech Global Limited
5.6% - Industry AVG
Employees
with 29 employees, this is above the industry average (23)
29 - Mindtech Global Limited
23 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
£54k - Mindtech Global Limited
£54k - Industry AVG
Efficiency
resulting in sales per employee of £87.4k, this is less efficient (£125.4k)
£87.4k - Mindtech Global Limited
£125.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mindtech Global Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is close to average (31 days)
32 days - Mindtech Global Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mindtech Global Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 5 weeks, this is less cash available to meet short term requirements (24 weeks)
5 weeks - Mindtech Global Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 266.5%, this is a higher level of debt than the average (53.3%)
266.5% - Mindtech Global Limited
53.3% - Industry AVG
MINDTECH GLOBAL LIMITED financials
EXPORT
Mindtech Global Limited's latest turnover from December 2023 is estimated at £2.5 million and the company has net assets of -£724.3 thousand. According to their latest financial statements, Mindtech Global Limited has 29 employees and maintains cash reserves of £36.7 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
Apr 2018
Turnover
2,533,456
2,263,241
3,535,110
4,689,364
2,611,324
1,071,307
4,338
Other Income Or Grants
Cost Of Sales
1,394,595
1,285,187
2,042,642
2,653,692
1,475,984
607,605
2,350
Gross Profit
1,138,861
978,054
1,492,467
2,035,672
1,135,340
463,702
1,987
Admin Expenses
3,626,953
4,008,607
4,203,726
3,747,202
1,165,304
415,870
1,108
Operating Profit
-2,488,092
-3,030,553
-2,711,259
-1,711,530
-29,964
47,832
879
Interest Payable
36,426
8,146
Interest Receivable
29,458
45,654
3,571
814
1,106
Pre-Tax Profit
-2,495,060
-2,993,045
-2,707,688
-1,710,716
-28,858
47,832
879
Tax
-9,088
-167
Profit After Tax
-2,495,060
-2,993,045
-2,707,688
-1,710,716
-28,858
38,744
712
Dividends Paid
Retained Profit
-2,495,060
-2,993,045
-2,707,688
-1,710,716
-28,858
38,744
712
Employee Costs
1,564,876
1,480,297
1,023,856
809,108
477,397
231,285
43,309
Number Of Employees
29
29
21
17
10
5
1
EBITDA*
-2,469,509
-2,848,296
-2,641,837
-1,633,280
-17,084
47,832
879
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Apr 2018
Tangible Assets
56,818
70,429
221,324
254,484
313,756
1,624
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
56,818
70,429
221,324
254,484
313,756
1,624
Stock & work in progress
Trade Debtors
757,663
1,141,229
606,971
277,105
712
Group Debtors
Misc Debtors
28,229
68,991
Cash
36,717
1,085,507
1,523,297
1,333,317
295,006
misc current assets
313,232
473,847
20,718
total current assets
378,178
1,628,345
2,280,960
2,474,546
901,977
297,823
712
total assets
434,996
1,698,774
2,502,284
2,729,030
1,215,733
299,447
712
Bank overdraft
49,000
49,000
Bank loan
Trade Creditors
125,140
10,436
293,527
220,831
205,559
26,588
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
158,127
86,126
134,115
total current liabilities
332,267
145,562
293,527
220,831
205,559
160,703
loans
427,077
122,500
hp & lease commitments
Accruals and Deferred Income
other liabilities
400,000
171,500
3,209,029
288
provisions
total long term liabilities
827,077
122,500
171,500
3,209,029
288
total liabilities
1,159,344
268,062
465,027
3,429,860
205,847
160,703
net assets
-724,348
1,430,712
2,037,257
-700,830
1,009,886
138,744
712
total shareholders funds
-724,348
1,430,712
2,037,257
-700,830
1,009,886
138,744
712
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Apr 2018
Operating Activities
Operating Profit
-2,488,092
-3,030,553
-2,711,259
-1,711,530
-29,964
47,832
879
Depreciation
18,583
182,257
69,422
78,250
12,880
Amortisation
Tax
-9,088
-167
Stock
Debtors
-40,762
-688,672
-383,566
534,258
329,866
277,105
712
Creditors
114,704
-283,091
72,696
15,272
178,971
26,588
Accruals and Deferred Income
72,001
86,126
-134,115
134,115
Deferred Taxes & Provisions
Cash flow from operations
-2,242,042
-2,356,589
-2,185,575
-2,152,266
-302,094
-77,658
Investing Activities
capital expenditure
-4,972
-31,362
-36,262
-18,978
-325,012
-1,624
Change in Investments
cash flow from investments
-4,972
-31,362
-36,262
-18,978
-325,012
-1,624
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
304,577
122,500
Hire Purchase and Lease Commitments
other long term liabilities
400,000
-171,500
-3,037,529
3,208,741
288
share issue
340,000
2,386,500
5,445,775
900,000
100,000
interest
-6,968
37,508
3,571
814
1,106
cash flow from financing
1,037,609
2,375,008
2,411,817
3,209,555
901,394
100,000
cash and cash equivalents
cash
-1,048,790
-437,790
189,980
1,038,311
295,006
overdraft
49,000
change in cash
-1,048,790
-486,790
189,980
1,038,311
295,006
mindtech global 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 mindtech global limited. Get real-time insights into mindtech global limited's credit score, group structure and payment trends.
Perform a competitor analysis for mindtech global limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in E14 area or any other competitors across 12 key performance metrics.
mindtech global limited Ownership
MINDTECH GLOBAL LIMITED group structure
Mindtech Global Limited has no subsidiary companies.
Ultimate parent company
MINDTECH GLOBAL LIMITED
10937593
MINDTECH GLOBAL LIMITED Shareholders
The largest shareholders in Mindtech Global Limited include Andrii Grebin and Enterprise Ventures (General Partner Npif Yhtv Equity) Limited As General Partner Of Npif Yhtv Equity Lp.
andrii grebin
21.77%
enterprise ventures (general partner npif yhtv equity) limited as general partner of npif yhtv equity lp
19.9%
create the future lp
13.98%
alexander okun
11.39%
mnl (mercia) nominees limited
8.47%
appen (uk) limited
6.91%
uk ff nominees ltd
6.81%
hossein yassaie
3.81%
mikhail korob
2.49%
dtl data science gp limited
1.8%
mindtech global limited directors
Mindtech Global Limited currently has 5 directors.
The longest serving directors include
Mr Andrii Grebin (Aug 2017) and
Sir Hossein Yassaie (Aug 2017).
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 mindtech global limited. Currently there are 1 open charges and 0 have been satisfied in the past.
mindtech global 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.
Click to start generating capital raising & share issue transactions for MINDTECH GLOBAL LIMITED. This can take several minutes, an email will notify you when this has completed.
mindtech global limitedCompanies House Filings - See Documents
