mule app ltd
mule app ltd Company Information
Company Number
12145204
Website
mule.appRegistered Address
88 balham park road, london, SW12 8EA
Industry
Other information technology and computer service activities
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
luke tritton 29.5%
idries erfan 29.5%
View Allmule app ltd Estimated Valuation
Pomanda estimates the enterprise value of MULE APP LTD at £239.6k based on a Turnover of £349.3k and 0.69x industry multiple (adjusted for size and gross margin).
mule app ltd Estimated Valuation
Pomanda estimates the enterprise value of MULE APP LTD at £0 based on an EBITDA of £-145.7k and a 4.79x industry multiple (adjusted for size and gross margin).
mule app ltd Estimated Valuation
Pomanda estimates the enterprise value of MULE APP LTD at £562.2k based on Net Assets of £244k and 2.3x industry multiple (adjusted for liquidity).
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Mule App Ltd Overview
Mule App Ltd is a live company located in london, SW12 8EA with a Companies House number of 12145204. It operates in the other information technology service activities sector, SIC Code 62090. Founded in August 2019, it's largest shareholder is luke tritton with a 29.5% stake. Mule App Ltd is a young, micro sized company, Pomanda has estimated its turnover at £349.3k with high growth in recent years.
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Mule App Ltd Health Check
Pomanda's financial health check has awarded Mule App Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £349.3k, make it smaller than the average company (£6.5m)
- Mule App Ltd
£6.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (6.4%)
- Mule App Ltd
6.4% - Industry AVG
Production
with a gross margin of 49.6%, this company has a comparable cost of product (49.6%)
- Mule App Ltd
49.6% - Industry AVG
Profitability
an operating margin of -95.4% make it less profitable than the average company (3.2%)
- Mule App Ltd
3.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (42)
3 - Mule App Ltd
42 - Industry AVG
Pay Structure
on an average salary of £69.4k, the company has an equivalent pay structure (£69.4k)
- Mule App Ltd
£69.4k - Industry AVG
Efficiency
resulting in sales per employee of £116.4k, this is less efficient (£167.5k)
- Mule App Ltd
£167.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mule App Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (35 days)
- Mule App Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mule App Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 72 weeks, this is more cash available to meet short term requirements (14 weeks)
72 weeks - Mule App Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.2%, this is a lower level of debt than the average (63.2%)
13.2% - Mule App Ltd
63.2% - Industry AVG
MULE APP LTD financials
Mule App Ltd's latest turnover from August 2023 is estimated at £349.3 thousand and the company has net assets of £244 thousand. According to their latest financial statements, Mule App Ltd has 3 employees and maintains cash reserves of £51.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|
| 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 | 3 | 5 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|
| Tangible Assets | 3,713 | 4,337 | 1,856 | 124 |
| Intangible Assets | 175,097 | 219,336 | 137,655 | 18,707 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 178,810 | 223,673 | 139,511 | 18,831 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 9,213 | 8,867 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 50,614 | 92,485 | 63,759 | 4,895 |
| Cash | 51,703 | 311,307 | 256,188 | 27,743 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 102,317 | 413,005 | 328,814 | 32,638 |
| total assets | 281,127 | 636,678 | 468,325 | 51,469 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,244 | 24,290 | 31,612 | 967 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 30,878 | 43,107 | 29,614 | 27,528 |
| total current liabilities | 37,122 | 67,397 | 61,226 | 28,495 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 142,609 | 120,808 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 142,609 | 120,808 | 0 |
| total liabilities | 37,122 | 210,006 | 182,034 | 28,495 |
| net assets | 244,005 | 426,672 | 286,291 | 22,974 |
| total shareholders funds | 244,005 | 426,672 | 286,291 | 22,974 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 2,086 | 1,350 | 238 | 16 |
| Amortisation | 185,589 | 147,826 | 66,964 | 9,354 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -51,084 | 29,072 | 67,731 | 4,895 |
| Creditors | -18,046 | -7,322 | 30,645 | 967 |
| Accruals and Deferred Income | -12,229 | 13,493 | 2,086 | 27,528 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -142,609 | 21,801 | 120,808 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -259,604 | 55,119 | 228,445 | 27,743 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -259,604 | 55,119 | 228,445 | 27,743 |
mule app ltd Credit Report and Business Information
Mule App Ltd Competitor Analysis
Perform a competitor analysis for mule app ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SW12 area or any other competitors across 12 key performance metrics.
mule app ltd Ownership
MULE APP LTD group structure
Mule App Ltd has no subsidiary companies.
Ultimate parent company
MULE APP LTD
12145204
mule app ltd directors
Mule App Ltd currently has 2 directors. The longest serving directors include Mr Luke Tritton (Aug 2019) and Mr Idries Erfan (Aug 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Luke Tritton | England | 26 years | Aug 2019 | - | Director |
| Mr Idries Erfan | England | 25 years | Aug 2019 | - | Director |
P&L
August 2023turnover
349.3k
+13%
operating profit
-333.4k
0%
gross margin
49.7%
-4.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
244k
-0.43%
total assets
281.1k
-0.56%
cash
51.7k
-0.83%
net assets
Total assets minus all liabilities
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mule app ltd company details
company number
12145204
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
August 2019
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
88 balham park road, london, SW12 8EA
Bank
-
Legal Advisor
-
mule app 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 mule app ltd.
mule app ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
