Pomanda estimates the enterprise value of MINNOW TECHNOLOGY LTD at £163.7k based on a Turnover of £234.9k and 0.7x industry multiple (adjusted for size and gross margin).
minnow technology ltdEstimated Valuation
£104.8k
Pomanda estimates the enterprise value of MINNOW TECHNOLOGY LTD at £104.8k based on an EBITDA of £23.3k and a 4.49x industry multiple (adjusted for size and gross margin).
minnow technology ltdEstimated Valuation
£414
Pomanda estimates the enterprise value of MINNOW TECHNOLOGY LTD at £414 based on Net Assets of £191 and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Minnow Technology LtdOverview
Minnow Technology Ltd is a live company located in london, EC2R 8EJ with a Companies House number of 11266496. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 2018, it's largest shareholder is
michael philip outlaw
with a 42.9% stake. Minnow Technology Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£234.9k with
low
growth in recent years.
Pomanda's financial health check has awarded Minnow Technology Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £234.9k, make it smaller than the average company (£8m)
£234.9k - Minnow Technology Ltd
£8m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (9.3%)
1% - Minnow Technology Ltd
9.3% - Industry AVG
Production
with a gross margin of 50.4%, this company has a comparable cost of product (50.4%)
50.4% - Minnow Technology Ltd
50.4% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (4%)
-0.2% - Minnow Technology Ltd
4% - Industry AVG
Employees
with 1 employees, this is below the industry average (45)
1 - Minnow Technology Ltd
45 - Industry AVG
Pay Structure
on an average salary of £74.7k, the company has an equivalent pay structure (£74.7k)
£74.7k - Minnow Technology Ltd
£74.7k - Industry AVG
Efficiency
resulting in sales per employee of £234.9k, this is more efficient (£182.5k)
£234.9k - Minnow Technology Ltd
£182.5k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (51 days)
76 days - Minnow Technology Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is slower than average (34 days)
38 days - Minnow Technology Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (13 days)
10 days - Minnow Technology Ltd
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 14 weeks, this is average cash available to meet short term requirements (13 weeks)
14 weeks - Minnow Technology Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (62.8%)
99.9% - Minnow Technology Ltd
62.8% - Industry AVG
MINNOW TECHNOLOGY LTD financials
EXPORT
Minnow Technology Ltd's latest turnover from August 2024 is estimated at £234.9 thousand and the company has net assets of £191. According to their latest financial statements, Minnow Technology Ltd has 1 employee and maintains cash reserves of £33.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Turnover
234,871
113,189
198,334
225,021
222,672
158,979
Other Income Or Grants
Cost Of Sales
116,462
56,536
95,215
110,357
107,806
76,777
Gross Profit
118,409
56,653
103,120
114,664
114,866
82,202
Admin Expenses
118,778
149,126
122,298
-18,622
107,937
86,775
Operating Profit
-369
-92,473
-19,178
133,286
6,929
-4,573
Interest Payable
1,151
1,090
635
224
Interest Receivable
1,310
2,969
1,911
67
6
9
Pre-Tax Profit
-210
-90,594
-17,902
133,128
6,935
-4,564
Tax
-25,294
-1,318
Profit After Tax
-210
-90,594
-17,902
107,834
5,617
-4,564
Dividends Paid
Retained Profit
-210
-90,594
-17,902
107,834
5,617
-4,564
Employee Costs
74,667
71,563
67,289
63,577
178,198
179,906
Number Of Employees
1
1
1
1
3
3
EBITDA*
23,349
-71,080
-2,467
145,840
9,092
-4,556
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Tangible Assets
591
1,181
285
Intangible Assets
44,121
67,666
54,755
58,012
45,378
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
44,121
67,666
54,755
58,603
46,559
285
Stock & work in progress
3,352
1,045
8,341
69,751
14,660
Trade Debtors
49,195
13,867
42,684
36,592
19,805
1,410
Group Debtors
Misc Debtors
663
10,830
598
613
13,262
41
Cash
33,485
18,915
94,187
124,254
8,796
2,443
misc current assets
total current assets
86,695
44,657
145,810
231,210
56,523
3,894
total assets
130,816
112,323
200,565
289,813
103,082
4,179
Bank overdraft
Bank loan
10,586
10,333
9,037
7,360
Trade Creditors
12,134
14,873
13,090
21,542
4,648
628
Group/Directors Accounts
75
26,196
other short term finances
hp & lease commitments
other current liabilities
96,824
65,382
53,765
83,178
84,393
8,105
total current liabilities
119,544
90,588
75,967
138,276
89,041
8,733
loans
hp & lease commitments
Accruals and Deferred Income
12,978
other liabilities
11,081
21,334
33,603
42,640
provisions
total long term liabilities
11,081
21,334
33,603
42,640
12,978
total liabilities
130,625
111,922
109,570
180,916
102,019
8,733
net assets
191
401
90,995
108,897
1,063
-4,554
total shareholders funds
191
401
90,995
108,897
1,063
-4,554
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Operating Activities
Operating Profit
-369
-92,473
-19,178
133,286
6,929
-4,573
Depreciation
591
590
599
17
Amortisation
23,718
21,393
16,120
11,964
1,564
Tax
-25,294
-1,318
Stock
2,307
-7,296
-61,410
55,091
14,660
Debtors
25,161
-18,585
6,077
4,138
31,616
1,451
Creditors
-2,739
1,783
-8,452
16,894
4,020
628
Accruals and Deferred Income
31,442
11,617
-29,413
-14,193
89,266
8,105
Deferred Taxes & Provisions
Cash flow from operations
24,584
-31,799
15,001
64,018
54,784
2,726
Investing Activities
capital expenditure
-173
-34,304
-12,863
-24,598
-48,437
-302
Change in Investments
cash flow from investments
-173
-34,304
-12,863
-24,598
-48,437
-302
Financing Activities
Bank loans
253
1,296
1,677
7,360
Group/Directors Accounts
-75
-26,121
26,196
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-10,253
-12,269
-9,037
42,640
share issue
10
interest
159
1,879
1,276
-157
6
9
cash flow from financing
-9,841
-9,169
-32,205
76,039
6
19
cash and cash equivalents
cash
14,570
-75,272
-30,067
115,458
6,353
2,443
overdraft
change in cash
14,570
-75,272
-30,067
115,458
6,353
2,443
minnow technology 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 minnow technology ltd. Get real-time insights into minnow technology ltd's credit score, group structure and payment trends.
Perform a competitor analysis for minnow technology ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC2R area or any other competitors across 12 key performance metrics.
minnow technology ltd Ownership
MINNOW TECHNOLOGY LTD group structure
Minnow Technology Ltd has no subsidiary companies.
Ultimate parent company
MINNOW TECHNOLOGY LTD
11266496
MINNOW TECHNOLOGY LTD Shareholders
The largest shareholders in Minnow Technology Ltd include Michael Philip Outlaw and James Edward Huggins.
michael philip outlaw
42.86%
james edward huggins
37.86%
alison outlaw
14.29%
elizabeth jane huggins
5%
minnow technology ltd directors
Minnow Technology Ltd currently has 3 directors.
The longest serving directors include
Mr Michael Outlaw (Mar 2018) and
Mr James Huggins (Mar 2018).
62090 - Other information technology and computer service activities
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
August 2024
previous names
moki technology limited (January 2023)
accountant
PRAXIS
auditor
-
address
c/o praxis 1 poultry, london, EC2R 8EJ
Bank
-
Legal Advisor
-
minnow technology 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 minnow technology ltd.
minnow technology 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 MINNOW TECHNOLOGY LTD. This can take several minutes, an email will notify you when this has completed.
minnow technology ltdCompanies House Filings - See Documents
