myhelp ltd

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myhelp ltd Company Information

Share MYHELP LTD

Company Number

12495501

Shareholders

inderjit singh

kirren kaur

Group Structure

View All

Industry

Other human health activities

 

Registered Address

25 eyebrook road, altrincham, WA14 3LH

Website

-

myhelp ltd Estimated Valuation

£4.1k

Pomanda estimates the enterprise value of MYHELP LTD at £4.1k based on a Turnover of £7.9k and 0.52x industry multiple (adjusted for size and gross margin).

myhelp ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MYHELP LTD at £0 based on an EBITDA of £-34.4k and a 3.86x industry multiple (adjusted for size and gross margin).

myhelp ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MYHELP LTD at £0 based on Net Assets of £-129.8k and 2.46x industry multiple (adjusted for liquidity).

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Myhelp Ltd Overview

Myhelp Ltd is a live company located in altrincham, WA14 3LH with a Companies House number of 12495501. It operates in the other human health activities sector, SIC Code 86900. Founded in March 2020, it's largest shareholder is inderjit singh with a 50% stake. Myhelp Ltd is a young, micro sized company, Pomanda has estimated its turnover at £7.9k with declining growth in recent years.

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Myhelp Ltd Health Check

Pomanda's financial health check has awarded Myhelp 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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £7.9k, make it smaller than the average company (£727.3k)

£7.9k - Myhelp Ltd

£727.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (7.2%)

-2% - Myhelp Ltd

7.2% - Industry AVG

production

Production

with a gross margin of 38.5%, this company has a comparable cost of product (38.5%)

38.5% - Myhelp Ltd

38.5% - Industry AVG

profitability

Profitability

an operating margin of -434.6% make it less profitable than the average company (5%)

-434.6% - Myhelp Ltd

5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (19)

1 - Myhelp Ltd

19 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.5k, the company has an equivalent pay structure (£26.5k)

£26.5k - Myhelp Ltd

£26.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £7.9k, this is less efficient (£45.5k)

£7.9k - Myhelp Ltd

£45.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Myhelp Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 49 days, this is slower than average (18 days)

49 days - Myhelp Ltd

18 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Myhelp Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (127 weeks)

0 weeks - Myhelp Ltd

127 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 21274.1%, this is a higher level of debt than the average (22.3%)

21274.1% - Myhelp Ltd

22.3% - Industry AVG

MYHELP LTD financials

EXPORTms excel logo

Myhelp Ltd's latest turnover from March 2024 is estimated at £7.9 thousand and the company has net assets of -£129.8 thousand. According to their latest financial statements, we estimate that Myhelp Ltd has 1 employee and maintains cash reserves of £541 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021
Turnover7,91823,17410,2658,337
Other Income Or Grants0000
Cost Of Sales4,86914,4866,5385,484
Gross Profit3,0488,6883,7282,852
Admin Expenses37,4574,78678,13728,362
Operating Profit-34,4093,902-74,409-25,510
Interest Payable0000
Interest Receivable62451928638
Pre-Tax Profit-33,7854,421-74,123-25,472
Tax0-84000
Profit After Tax-33,7853,581-74,123-25,472
Dividends Paid0000
Retained Profit-33,7853,581-74,123-25,472
Employee Costs26,48525,08723,90323,167
Number Of Employees1111
EBITDA*-34,4093,902-74,409-25,510

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021
Tangible Assets0000
Intangible Assets0000
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets0000
Stock & work in progress0000
Trade Debtors0000
Group Debtors0000
Misc Debtors72000
Cash54123,2291,19975,106
misc current assets0000
total current assets61323,2291,19975,106
total assets61323,2291,19975,106
Bank overdraft0000
Bank loan0000
Trade Creditors 6601,967792576
Group/Directors Accounts0000
other short term finances0000
hp & lease commitments0000
other current liabilities129,750117,274100,000100,000
total current liabilities130,410119,241100,792100,576
loans0000
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities0000
provisions0000
total long term liabilities0000
total liabilities130,410119,241100,792100,576
net assets-129,797-96,012-99,593-25,470
total shareholders funds-129,797-96,012-99,593-25,470
Mar 2024Mar 2023Mar 2022Mar 2021
Operating Activities
Operating Profit-34,4093,902-74,409-25,510
Depreciation0000
Amortisation0000
Tax0-84000
Stock0000
Debtors72000
Creditors-1,3071,175216576
Accruals and Deferred Income12,47617,2740100,000
Deferred Taxes & Provisions0000
Cash flow from operations-23,31221,511-74,19375,066
Investing Activities
capital expenditure0000
Change in Investments0000
cash flow from investments0000
Financing Activities
Bank loans0000
Group/Directors Accounts0000
Other Short Term Loans 0000
Long term loans0000
Hire Purchase and Lease Commitments0000
other long term liabilities0000
share issue0002
interest62451928638
cash flow from financing62451928640
cash and cash equivalents
cash-22,68822,030-73,90775,106
overdraft0000
change in cash-22,68822,030-73,90775,106

myhelp 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 myhelp ltd. Get real-time insights into myhelp ltd's credit score, group structure and payment trends.

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Myhelp Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for myhelp ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in WA14 area or any other competitors across 12 key performance metrics.

myhelp ltd Ownership

MYHELP LTD group structure

Myhelp Ltd has no subsidiary companies.

Ultimate parent company

MYHELP LTD

12495501

MYHELP LTD Shareholders

inderjit singh 50%
kirren kaur 50%

myhelp ltd directors

Myhelp Ltd currently has 2 directors. The longest serving directors include Inderjit Singh (Mar 2020) and Mrs Kirren Kaur (Mar 2020).

officercountryagestartendrole
Inderjit SinghUnited Kingdom50 years Mar 2020- Director
Mrs Kirren KaurUnited Kingdom45 years Mar 2020- Director

P&L

March 2024

turnover

7.9k

-66%

operating profit

-34.4k

0%

gross margin

38.5%

+2.69%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

-129.8k

+0.35%

total assets

613

-0.97%

cash

541

-0.98%

net assets

Total assets minus all liabilities

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myhelp ltd company details

company number

12495501

Type

Private limited with Share Capital

industry

86900 - Other human health activities

incorporation date

March 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

25 eyebrook road, altrincham, WA14 3LH

Bank

-

Legal Advisor

-

myhelp 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 found 1 charges/mortgages relating to myhelp ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

myhelp 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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myhelp ltd Companies House Filings - See Documents

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