Pomanda estimates the enterprise value of MIRATI TECHNOLOGIES LIMITED at £17.8k based on a Turnover of £37.8k and 0.47x industry multiple (adjusted for size and gross margin).
mirati technologies limitedEstimated Valuation
£17.8k
Pomanda estimates the enterprise value of MIRATI TECHNOLOGIES LIMITED at £17.8k based on an EBITDA of £5.6k and a 3.19x industry multiple (adjusted for size and gross margin).
mirati technologies limitedEstimated Valuation
£28.8k
Pomanda estimates the enterprise value of MIRATI TECHNOLOGIES LIMITED at £28.8k based on Net Assets of £12.7k and 2.26x industry multiple (adjusted for liquidity).
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Mirati Technologies LimitedOverview
Mirati Technologies Limited is a live company located in blackpool, FY4 4UZ with a Companies House number of 12701343. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in June 2020, it's largest shareholder is
elizabeth penelope westhead
with a 100% stake. Mirati Technologies Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£37.8k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Mirati Technologies Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
1 Regular
5 Weak
Size
annual sales of £37.8k, make it smaller than the average company (£1.5m)
£37.8k - Mirati Technologies Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 79%, show it is growing at a faster rate (10.2%)
79% - Mirati Technologies Limited
10.2% - Industry AVG
Production
with a gross margin of 24.5%, this company has a higher cost of product (45.7%)
24.5% - Mirati Technologies Limited
45.7% - Industry AVG
Profitability
an operating margin of 14.7% make it more profitable than the average company (5.7%)
14.7% - Mirati Technologies Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Mirati Technologies Limited
12 - Industry AVG
Pay Structure
on an average salary of £61.1k, the company has an equivalent pay structure (£61.1k)
£61.1k - Mirati Technologies Limited
£61.1k - Industry AVG
Efficiency
resulting in sales per employee of £37.8k, this is less efficient (£131.9k)
£37.8k - Mirati Technologies Limited
£131.9k - Industry AVG
Debtor Days
it gets paid by customers after 149 days, this is later than average (60 days)
149 days - Mirati Technologies Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is slower than average (27 days)
34 days - Mirati Technologies Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mirati Technologies Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mirati Technologies Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.7%, this is a lower level of debt than the average (56%)
17.7% - Mirati Technologies Limited
56% - Industry AVG
MIRATI TECHNOLOGIES LIMITED financials
EXPORT
Mirati Technologies Limited's latest turnover from June 2024 is estimated at £37.8 thousand and the company has net assets of £12.7 thousand. According to their latest financial statements, we estimate that Mirati Technologies Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Turnover
37,818
94,494
1,612
6,618
Other Income Or Grants
Cost Of Sales
28,545
69,808
1,168
4,904
Gross Profit
9,273
24,686
444
1,715
Admin Expenses
3,703
19,545
-2,732
-921
Operating Profit
5,570
5,141
3,176
2,636
Interest Payable
Interest Receivable
Pre-Tax Profit
5,570
5,141
3,176
2,636
Tax
-1,393
-1,285
-603
-501
Profit After Tax
4,178
3,856
2,572
2,135
Dividends Paid
Retained Profit
4,178
3,856
2,572
2,135
Employee Costs
61,092
56,875
52,889
48,696
Number Of Employees
1
1
1
1
EBITDA*
5,570
5,141
3,176
2,636
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
15,473
35,473
538
3,077
Group Debtors
Misc Debtors
4,774
Cash
misc current assets
total current assets
15,473
35,473
5,313
3,077
total assets
15,473
35,473
5,313
3,077
Bank overdraft
Bank loan
Trade Creditors
2,732
26,909
606
942
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
2,732
26,909
606
942
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
2,732
26,909
606
942
net assets
12,741
8,564
4,707
2,135
total shareholders funds
12,741
8,564
4,707
2,135
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Operating Activities
Operating Profit
5,570
5,141
3,176
2,636
Depreciation
Amortisation
Tax
-1,393
-1,285
-603
-501
Stock
Debtors
-20,000
30,159
2,236
3,077
Creditors
-24,178
26,304
-336
942
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-1
1
1
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
overdraft
change in cash
mirati technologies limited 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 mirati technologies limited. Get real-time insights into mirati technologies limited's credit score, group structure and payment trends.
Perform a competitor analysis for mirati technologies limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in FY4 area or any other competitors across 12 key performance metrics.
mirati technologies limited Ownership
MIRATI TECHNOLOGIES LIMITED group structure
Mirati Technologies Limited has no subsidiary companies.
Ultimate parent company
MIRATI TECHNOLOGIES LIMITED
12701343
MIRATI TECHNOLOGIES LIMITED Shareholders
The sole shareholder of Mirati Technologies Limited is Elizabeth Penelope Westhead.
elizabeth penelope westhead
100%
mirati technologies limited directors
Mirati Technologies Limited currently has 1 director, Mrs Elizabeth Westhead serving since Jun 2020.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024
net assets
12.7k
+0.49%
total assets
15.5k
-0.56%
cash
0
0%
net assets
Total assets minus all liabilities
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mirati technologies limited company details
company number
12701343
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
June 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
20 mythop road, blackpool, FY4 4UZ
Bank
-
Legal Advisor
-
mirati technologies limited 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 mirati technologies limited.
mirati technologies limited 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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mirati technologies limitedCompanies House Filings - See Documents
