Pomanda estimates the enterprise value of 3MR TECH LTD at £258.1k based on a Turnover of £301.7k and 0.86x industry multiple (adjusted for size and gross margin).
3mr tech ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of 3MR TECH LTD at £0 based on an EBITDA of £-2.8k and a 4.57x industry multiple (adjusted for size and gross margin).
3mr tech ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of 3MR TECH LTD at £0 based on Net Assets of £-15.4k and 2.2x industry multiple (adjusted for liquidity).
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3mr Tech LtdOverview
3mr Tech Ltd is a live company located in stockport, SK7 3PG with a Companies House number of 11885244. It operates in the other software publishing sector, SIC Code 58290. Founded in March 2019, it's largest shareholder is
richard oliver milner
with a 62% stake. 3mr Tech Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£301.7k with
declining
growth in recent years.
Pomanda's financial health check has awarded 3Mr Tech Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
3 Regular
6 Weak
Size
annual sales of £301.7k, make it smaller than the average company (£5.9m)
£301.7k - 3mr Tech Ltd
£5.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (8.4%)
-15% - 3mr Tech Ltd
8.4% - Industry AVG
Production
with a gross margin of 51.9%, this company has a comparable cost of product (51.9%)
51.9% - 3mr Tech Ltd
51.9% - Industry AVG
Profitability
an operating margin of -2% make it less profitable than the average company (4.4%)
-2% - 3mr Tech Ltd
4.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (37)
2 - 3mr Tech Ltd
37 - Industry AVG
Pay Structure
on an average salary of £68.1k, the company has an equivalent pay structure (£68.1k)
£68.1k - 3mr Tech Ltd
£68.1k - Industry AVG
Efficiency
resulting in sales per employee of £150.9k, this is equally as efficient (£161.2k)
£150.9k - 3mr Tech Ltd
£161.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - 3mr Tech Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 87 days, this is slower than average (32 days)
87 days - 3mr Tech Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 3mr Tech Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - 3mr Tech Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 177.7%, this is a higher level of debt than the average (58.2%)
177.7% - 3mr Tech Ltd
58.2% - Industry AVG
3MR TECH LTD financials
EXPORT
3Mr Tech Ltd's latest turnover from March 2024 is estimated at £301.7 thousand and the company has net assets of -£15.4 thousand. According to their latest financial statements, 3Mr Tech Ltd has 2 employees and maintains cash reserves of £414 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Turnover
301,725
544,835
517,862
491,852
510,905
Other Income Or Grants
Cost Of Sales
144,998
253,643
241,224
238,522
248,523
Gross Profit
156,728
291,192
276,638
253,331
262,382
Admin Expenses
162,807
288,479
281,653
257,728
264,766
Operating Profit
-6,079
2,713
-5,015
-4,397
-2,384
Interest Payable
Interest Receivable
93
71
1
Pre-Tax Profit
-5,986
2,784
-5,014
-4,397
-2,384
Tax
-529
Profit After Tax
-5,986
2,255
-5,014
-4,397
-2,384
Dividends Paid
Retained Profit
-5,986
2,255
-5,014
-4,397
-2,384
Employee Costs
136,239
257,094
240,641
229,057
220,432
Number Of Employees
2
4
4
4
4
EBITDA*
-2,839
5,953
-1,775
-1,157
-2,384
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Tangible Assets
Intangible Assets
19,439
22,679
25,919
29,159
32,399
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
19,439
22,679
25,919
29,159
32,399
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash
414
3,130
216
33
misc current assets
total current assets
414
3,130
216
33
total assets
19,853
25,809
26,135
29,192
32,399
Bank overdraft
Bank loan
Trade Creditors
34,655
34,655
37,830
35,873
34,683
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
34,655
34,655
37,830
35,873
34,683
loans
hp & lease commitments
Accruals and Deferred Income
624
594
other liabilities
provisions
total long term liabilities
624
594
total liabilities
35,279
35,249
37,830
35,873
34,683
net assets
-15,426
-9,440
-11,695
-6,681
-2,284
total shareholders funds
-15,426
-9,440
-11,695
-6,681
-2,284
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Operating Activities
Operating Profit
-6,079
2,713
-5,015
-4,397
-2,384
Depreciation
Amortisation
3,240
3,240
3,240
3,240
Tax
-529
Stock
Debtors
Creditors
-3,175
1,957
1,190
34,683
Accruals and Deferred Income
30
594
Deferred Taxes & Provisions
Cash flow from operations
-2,809
2,843
182
33
32,299
Investing Activities
capital expenditure
-32,399
Change in Investments
cash flow from investments
-32,399
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
100
interest
93
71
1
cash flow from financing
93
71
1
100
cash and cash equivalents
cash
-2,716
2,914
183
33
overdraft
change in cash
-2,716
2,914
183
33
3mr tech 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 3mr tech ltd. Get real-time insights into 3mr tech ltd's credit score, group structure and payment trends.
Perform a competitor analysis for 3mr tech ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SK7 area or any other competitors across 12 key performance metrics.
3mr tech ltd Ownership
3MR TECH LTD group structure
3Mr Tech Ltd has no subsidiary companies.
Ultimate parent company
3MR TECH LTD
11885244
3MR TECH LTD Shareholders
The largest shareholders in 3Mr Tech Ltd include Richard Oliver Milner and William James Russell.
richard oliver milner
62%
william james russell
38%
3mr tech ltd directors
3Mr Tech Ltd currently has 2 directors.
The longest serving directors include
Mr Richard Milner (Mar 2019) and
Mr William Russell (Mar 2019).
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 3mr tech ltd.
3mr tech 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.
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3mr tech ltdCompanies House Filings - See Documents
