myconexions ltd
myconexions ltd Company Information
Company Number
11355584
Next Accounts
1124 days late
Shareholders
arif younus
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
flat 7 edgar house, blake hall road, london, E11 2QH
Website
connexionsgroup.co.ukmyconexions ltd Estimated Valuation
Pomanda estimates the enterprise value of MYCONEXIONS LTD at £12.3k based on a Turnover of £25.2k and 0.49x industry multiple (adjusted for size and gross margin).
myconexions ltd Estimated Valuation
Pomanda estimates the enterprise value of MYCONEXIONS LTD at £392 based on an EBITDA of £122 and a 3.2x industry multiple (adjusted for size and gross margin).
myconexions ltd Estimated Valuation
Pomanda estimates the enterprise value of MYCONEXIONS LTD at £0 based on Net Assets of £-1.7k and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Myconexions Ltd Overview
Myconexions Ltd is a live company located in london, E11 2QH with a Companies House number of 11355584. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in May 2018, it's largest shareholder is arif younus with a 100% stake. Myconexions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £25.2k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Myconexions Ltd Health Check
Pomanda's financial health check has awarded Myconexions Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £25.2k, make it smaller than the average company (£683.6k)
- Myconexions Ltd
£683.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Myconexions Ltd
- - Industry AVG
Production
with a gross margin of 19.4%, this company has a higher cost of product (39.3%)
- Myconexions Ltd
39.3% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (5.6%)
- Myconexions Ltd
5.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
- Myconexions Ltd
14 - Industry AVG
Pay Structure
on an average salary of £26.7k, the company has an equivalent pay structure (£26.7k)
- Myconexions Ltd
£26.7k - Industry AVG
Efficiency
resulting in sales per employee of £25.2k, this is less efficient (£74.2k)
- Myconexions Ltd
£74.2k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (30 days)
- Myconexions Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 125 days, this is slower than average (38 days)
- Myconexions Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Myconexions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Myconexions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 132.7%, this is a higher level of debt than the average (46.3%)
132.7% - Myconexions Ltd
46.3% - Industry AVG
MYCONEXIONS LTD financials
Myconexions Ltd's latest turnover from May 2020 is estimated at £25.2 thousand and the company has net assets of -£1.7 thousand. According to their latest financial statements, we estimate that Myconexions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2020 | May 2019 | |
|---|---|---|
| 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2020 | May 2019 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | ||
| Stock & work in progress | ||
| Trade Debtors | 5,293 | 4,107 |
| Group Debtors | ||
| Misc Debtors | ||
| Cash | 1,186 | |
| misc current assets | ||
| total current assets | 5,293 | 5,293 |
| total assets | 5,293 | 5,293 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 7,022 | |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 7,022 | |
| total current liabilities | 7,022 | 7,022 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | 7,022 | 7,022 |
| net assets | -1,729 | -1,729 |
| total shareholders funds | -1,729 | -1,729 |
| May 2020 | May 2019 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 1,186 | 4,107 |
| Creditors | 7,022 | |
| Accruals and Deferred Income | -7,022 | 7,022 |
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| 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 | ||
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -1,186 | 1,186 |
| overdraft | ||
| change in cash | -1,186 | 1,186 |
myconexions ltd Credit Report and Business Information
Myconexions Ltd Competitor Analysis
Perform a competitor analysis for myconexions ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in E11 area or any other competitors across 12 key performance metrics.
myconexions ltd Ownership
MYCONEXIONS LTD group structure
Myconexions Ltd has no subsidiary companies.
Ultimate parent company
MYCONEXIONS LTD
11355584
myconexions ltd directors
Myconexions Ltd currently has 2 directors. The longest serving directors include Mr Aminul Islam (Feb 2020) and Mr Zafar Naqvi (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Aminul Islam | United Kingdom | 43 years | Feb 2020 | - | Director |
| Mr Zafar Naqvi | England | 44 years | Apr 2021 | - | Director |
P&L
May 2020turnover
25.2k
+14%
operating profit
122.9
0%
gross margin
19.5%
+1.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2020net assets
-1.7k
0%
total assets
5.3k
0%
cash
0
-1%
net assets
Total assets minus all liabilities
myconexions ltd company details
company number
11355584
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2020
previous names
N/A
accountant
-
auditor
-
address
flat 7 edgar house, blake hall road, london, E11 2QH
Bank
-
Legal Advisor
-
myconexions 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 myconexions ltd.
myconexions 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 MYCONEXIONS LTD. This can take several minutes, an email will notify you when this has completed.
myconexions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
