Pomanda estimates the enterprise value of SECURE MICRO LTD at £5.8k based on a Turnover of £8k and 0.73x industry multiple (adjusted for size and gross margin).
secure micro ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of SECURE MICRO LTD at £0 based on an EBITDA of £-7.4k and a 3.25x industry multiple (adjusted for size and gross margin).
secure micro ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of SECURE MICRO LTD at £0 based on Net Assets of £-39.7k and 2.37x industry multiple (adjusted for liquidity).
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Secure Micro LtdOverview
Secure Micro Ltd is a live company located in chepstow, NP16 5LD with a Companies House number of 10994011. It operates in the other software publishing sector, SIC Code 58290. Founded in October 2017, it's largest shareholder is
martin serpell
with a 42% stake. Secure Micro Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£8k with
declining
growth in recent years.
Pomanda's financial health check has awarded Secure Micro Ltd a 1 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
Health Rating1out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £8k, make it smaller than the average company (£5.4m)
£8k - Secure Micro Ltd
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -52%, show it is growing at a slower rate (9.8%)
-52% - Secure Micro Ltd
9.8% - Industry AVG
Production
with a gross margin of 35.6%, this company has a higher cost of product (60.6%)
35.6% - Secure Micro Ltd
60.6% - Industry AVG
Profitability
an operating margin of -92.9% make it less profitable than the average company (3.6%)
-92.9% - Secure Micro Ltd
3.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (46)
1 - Secure Micro Ltd
46 - Industry AVG
Pay Structure
on an average salary of £68.6k, the company has an equivalent pay structure (£68.6k)
£68.6k - Secure Micro Ltd
£68.6k - Industry AVG
Efficiency
resulting in sales per employee of £8k, this is less efficient (£150.5k)
£8k - Secure Micro Ltd
£150.5k - Industry AVG
Debtor Days
it gets paid by customers after 99 days, this is later than average (51 days)
99 days - Secure Micro Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 134 days, this is slower than average (39 days)
134 days - Secure Micro Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Secure Micro Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Secure Micro Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1919.4%, this is a higher level of debt than the average (62.3%)
1919.4% - Secure Micro Ltd
62.3% - Industry AVG
SECURE MICRO LTD financials
EXPORT
Secure Micro Ltd's latest turnover from October 2024 is estimated at £8 thousand and the company has net assets of -£39.7 thousand. According to their latest financial statements, we estimate that Secure Micro Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Turnover
7,999
33,302
49,768
71,189
91,171
117,891
4,283
Other Income Or Grants
Cost Of Sales
5,152
20,882
31,557
45,220
55,803
73,503
2,678
Gross Profit
2,847
12,421
18,211
25,969
35,368
44,387
1,605
Admin Expenses
10,279
17,193
22,595
32,262
45,760
44,733
7,703
Operating Profit
-7,432
-4,772
-4,384
-6,293
-10,392
-346
-6,098
Interest Payable
Interest Receivable
Pre-Tax Profit
-7,432
-4,772
-4,384
-6,293
-10,392
-346
-6,098
Tax
Profit After Tax
-7,432
-4,772
-4,384
-6,293
-10,392
-346
-6,098
Dividends Paid
Retained Profit
-7,432
-4,772
-4,384
-6,293
-10,392
-346
-6,098
Employee Costs
68,551
66,624
61,870
57,025
55,454
56,050
55,417
Number Of Employees
1
1
1
1
1
1
1
EBITDA*
-7,432
-4,772
-4,384
-6,293
-10,392
-346
-6,098
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
2,183
9,615
14,486
19,110
25,403
35,755
1,001
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
2,183
9,615
14,486
19,110
25,403
35,755
1,001
total assets
2,183
9,615
14,486
19,110
25,403
35,755
1,001
Bank overdraft
Bank loan
Trade Creditors
1,900
1,900
1,999
42,239
42,239
41,999
6,999
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
200
total current liabilities
1,900
1,900
1,999
42,239
42,239
42,199
6,999
loans
hp & lease commitments
Accruals and Deferred Income
100
other liabilities
40,000
40,000
40,000
provisions
total long term liabilities
40,000
40,000
40,000
100
total liabilities
41,900
41,900
41,999
42,239
42,239
42,199
7,099
net assets
-39,717
-32,285
-27,513
-23,129
-16,836
-6,444
-6,098
total shareholders funds
-39,717
-32,285
-27,513
-23,129
-16,836
-6,444
-6,098
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Operating Activities
Operating Profit
-7,432
-4,772
-4,384
-6,293
-10,392
-346
-6,098
Depreciation
Amortisation
Tax
Stock
Debtors
-7,432
-4,871
-4,624
-6,293
-10,352
34,754
1,001
Creditors
-99
-40,240
240
35,000
6,999
Accruals and Deferred Income
-200
100
100
Deferred Taxes & Provisions
Cash flow from operations
-40,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
40,000
share issue
interest
cash flow from financing
40,000
cash and cash equivalents
cash
overdraft
change in cash
secure micro 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 secure micro ltd. Get real-time insights into secure micro ltd's credit score, group structure and payment trends.
Perform a competitor analysis for secure micro ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in NP16 area or any other competitors across 12 key performance metrics.
secure micro ltd Ownership
SECURE MICRO LTD group structure
Secure Micro Ltd has no subsidiary companies.
Ultimate parent company
SECURE MICRO LTD
10994011
SECURE MICRO LTD Shareholders
The largest shareholders in Secure Micro Ltd include Martin Serpell and Ali Rohafza.
martin serpell
42%
ali rohafza
14%
frazer barnes
14%
sam onwugbenu
14%
linda serpell
7.5%
david hicks
3%
dawid podolak
3%
yin serpell
2.5%
secure micro ltd directors
Secure Micro Ltd currently has 6 directors.
The longest serving directors include
Dr Martin Serpell (Oct 2017) and
Mr Frazer Barnes (Oct 2017).
62012 - Business and domestic software development
61100 - Wired telecommunications activities
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
October 2024
previous names
N/A
accountant
-
auditor
-
address
9 st. andrews avenue, chepstow, NP16 5LD
Bank
-
Legal Advisor
-
secure micro 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 secure micro ltd.
secure micro 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 SECURE MICRO LTD. This can take several minutes, an email will notify you when this has completed.
secure micro ltdCompanies House Filings - See Documents
