mirtex group ltd
mirtex group ltd Company Information
Company Number
11549070
Next Accounts
Sep 2025
Directors
Shareholders
meruert togysbaeva
Group Structure
View All
Industry
Wholesale of computers, computer peripheral equipment and software
+1Registered Address
office 150, regico offices, the old bank, watford, WD17 1NA
Website
www.mirtexgroup.commirtex group ltd Estimated Valuation
Pomanda estimates the enterprise value of MIRTEX GROUP LTD at £6.3k based on a Turnover of £26.9k and 0.23x industry multiple (adjusted for size and gross margin).
mirtex group ltd Estimated Valuation
Pomanda estimates the enterprise value of MIRTEX GROUP LTD at £0 based on an EBITDA of £-209 and a 2.94x industry multiple (adjusted for size and gross margin).
mirtex group ltd Estimated Valuation
Pomanda estimates the enterprise value of MIRTEX GROUP LTD at £19.8k based on Net Assets of £8.6k and 2.29x industry multiple (adjusted for liquidity).
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Mirtex Group Ltd Overview
Mirtex Group Ltd is a live company located in watford, WD17 1NA with a Companies House number of 11549070. It operates in the wholesale of computers, computer peripheral equipment and software sector, SIC Code 46510. Founded in September 2018, it's largest shareholder is meruert togysbaeva with a 100% stake. Mirtex Group Ltd is a young, micro sized company, Pomanda has estimated its turnover at £26.9k with declining growth in recent years.
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Mirtex Group Ltd Health Check
Pomanda's financial health check has awarded Mirtex Group Ltd a 3 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
3 Strong
2 Regular
6 Weak
Size
annual sales of £26.9k, make it smaller than the average company (£18.2m)
- Mirtex Group Ltd
£18.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -86%, show it is growing at a slower rate (7.3%)
- Mirtex Group Ltd
7.3% - Industry AVG
Production
with a gross margin of 14%, this company has a higher cost of product (23.5%)
- Mirtex Group Ltd
23.5% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (4.1%)
- Mirtex Group Ltd
4.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (45)
- Mirtex Group Ltd
45 - Industry AVG
Pay Structure
on an average salary of £53.5k, the company has an equivalent pay structure (£53.5k)
- Mirtex Group Ltd
£53.5k - Industry AVG
Efficiency
resulting in sales per employee of £26.9k, this is less efficient (£474.3k)
- Mirtex Group Ltd
£474.3k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (49 days)
- Mirtex Group Ltd
49 days - Industry AVG
Creditor Days
its suppliers are paid after 201 days, this is slower than average (30 days)
- Mirtex Group Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mirtex Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 83 weeks, this is more cash available to meet short term requirements (14 weeks)
83 weeks - Mirtex Group Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.6%, this is a similar level of debt than the average (54.5%)
59.6% - Mirtex Group Ltd
54.5% - Industry AVG
MIRTEX GROUP LTD financials
Mirtex Group Ltd's latest turnover from December 2023 is estimated at £26.9 thousand and the company has net assets of £8.6 thousand. According to their latest financial statements, we estimate that Mirtex Group Ltd has 1 employee and maintains cash reserves of £20.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 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
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | |||||
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | 1,000 | 1,000 | |||
| Total Fixed Assets | 1,000 | 1,000 | |||
| Stock & work in progress | 430,817 | ||||
| Trade Debtors | 1,000 | 1,000 | 1,000 | 2,125,699 | 1,077,258 |
| Group Debtors | |||||
| Misc Debtors | 17,978 | ||||
| Cash | 20,403 | 13,845 | 244,833 | 233,547 | 205,155 |
| misc current assets | |||||
| total current assets | 21,403 | 445,662 | 245,833 | 2,359,246 | 1,300,391 |
| total assets | 21,403 | 445,662 | 245,833 | 2,360,246 | 1,301,391 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 12,758 | 437,534 | 240,714 | 2,356,211 | 590,050 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 708,058 | ||||
| total current liabilities | 12,758 | 437,534 | 240,714 | 2,356,211 | 1,298,108 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 12,758 | 437,534 | 240,714 | 2,356,211 | 1,298,108 |
| net assets | 8,645 | 8,128 | 5,119 | 4,035 | 3,283 |
| total shareholders funds | 8,645 | 8,128 | 5,119 | 4,035 | 3,283 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | -430,817 | 430,817 | |||
| Debtors | -2,125,699 | 1,030,463 | 1,096,236 | ||
| Creditors | -424,776 | 196,820 | -2,115,497 | 1,766,161 | 590,050 |
| Accruals and Deferred Income | -708,058 | 708,058 | |||
| 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 | 6,558 | -230,988 | 11,286 | 28,392 | 205,155 |
| overdraft | |||||
| change in cash | 6,558 | -230,988 | 11,286 | 28,392 | 205,155 |
mirtex group ltd Credit Report and Business Information
Mirtex Group Ltd Competitor Analysis
Perform a competitor analysis for mirtex group ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in WD17 area or any other competitors across 12 key performance metrics.
mirtex group ltd Ownership
MIRTEX GROUP LTD group structure
Mirtex Group Ltd has no subsidiary companies.
Ultimate parent company
MIRTEX GROUP LTD
11549070
mirtex group ltd directors
Mirtex Group Ltd currently has 1 director, Mr Carlos Weand Ortiz serving since Sep 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Carlos Weand Ortiz | United Kingdom | 62 years | Sep 2018 | - | Director |
P&L
December 2023turnover
26.9k
-97%
operating profit
-209.7
0%
gross margin
14.1%
-3.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
8.6k
+0.06%
total assets
21.4k
-0.95%
cash
20.4k
+0.47%
net assets
Total assets minus all liabilities
Similar Companies
mirtex group ltd company details
company number
11549070
Type
Private limited with Share Capital
industry
46510 - Wholesale of computers, computer peripheral equipment and software
46900 - Non-specialised wholesale trade
incorporation date
September 2018
age
7
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
office 150, regico offices, the old bank, watford, WD17 1NA
Bank
-
Legal Advisor
-
mirtex group 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 mirtex group ltd.
mirtex group 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 MIRTEX GROUP LTD. This can take several minutes, an email will notify you when this has completed.
mirtex group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
