Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+3
Registered Address
4 vale top avenue, manchester, M9 4LE
Website
-
soft mick ltdEstimated Valuation
£34.8m
Pomanda estimates the enterprise value of SOFT MICK LTD at £34.8m based on a Turnover of £12.6m and 2.77x industry multiple (adjusted for size and gross margin).
soft mick ltdEstimated Valuation
£13.7k
Pomanda estimates the enterprise value of SOFT MICK LTD at £13.7k based on an EBITDA of £2.4k and a 5.71x industry multiple (adjusted for size and gross margin).
soft mick ltdEstimated Valuation
£3.6m
Pomanda estimates the enterprise value of SOFT MICK LTD at £3.6m based on Net Assets of £2.2m and 1.67x industry multiple (adjusted for liquidity).
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Soft Mick LtdOverview
Soft Mick Ltd is a live company located in manchester, M9 4LE with a Companies House number of 12980985. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2020, it's largest shareholder is
nicholas taylor
with a 100% stake. Soft Mick Ltd is a young,
mid sized company, Pomanda has estimated its turnover at
£12.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Soft Mick Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
2 Regular
4 Weak
Size
annual sales of £12.6m, make it larger than the average company (£833.8k)
£12.6m - Soft Mick Ltd
£833.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (5.4%)
5% - Soft Mick Ltd
5.4% - Industry AVG
Production
with a gross margin of 25.8%, this company has a higher cost of product (69.6%)
25.8% - Soft Mick Ltd
69.6% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (19.6%)
0% - Soft Mick Ltd
19.6% - Industry AVG
Employees
with 31 employees, this is above the industry average (4)
31 - Soft Mick Ltd
4 - Industry AVG
Pay Structure
on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)
£37.1k - Soft Mick Ltd
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £405.3k, this is more efficient (£159.5k)
£405.3k - Soft Mick Ltd
£159.5k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (31 days)
114 days - Soft Mick Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (34 days)
3 days - Soft Mick Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Soft Mick Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Soft Mick Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.4%, this is a lower level of debt than the average (65.3%)
45.4% - Soft Mick Ltd
65.3% - Industry AVG
SOFT MICK LTD financials
EXPORT
Soft Mick Ltd's latest turnover from April 2024 is estimated at £12.6 million and the company has net assets of £2.2 million. According to their latest financial statements, we estimate that Soft Mick Ltd has 31 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Turnover
12,565,475
12,536,082
11,959,918
10,723,803
Other Income Or Grants
Cost Of Sales
9,325,385
9,363,828
8,938,748
8,003,818
Gross Profit
3,240,090
3,172,253
3,021,170
2,719,986
Admin Expenses
3,237,691
3,171,920
3,021,168
64,433
Operating Profit
2,399
333
2
2,655,553
Interest Payable
Interest Receivable
Pre-Tax Profit
2,399
333
2
2,655,553
Tax
-600
-83
-504,555
Profit After Tax
1,799
250
2
2,150,998
Dividends Paid
Retained Profit
1,799
250
2
2,150,998
Employee Costs
1,149,945
1,234,353
1,237,652
1,097,823
Number Of Employees
31
35
36
33
EBITDA*
2,399
333
2
2,655,553
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
3,940,055
3,971,665
4,001,860
3,849,526
Group Debtors
Misc Debtors
1,210
Cash
misc current assets
total current assets
3,940,055
3,971,665
4,001,860
3,850,736
total assets
3,940,055
3,971,665
4,001,860
3,850,736
Bank overdraft
Bank loan
Trade Creditors
81,541
1,820,415
1,850,860
91,723
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
81,541
1,820,415
1,850,860
91,723
loans
hp & lease commitments
Accruals and Deferred Income
596
596
other liabilities
1,704,869
1,607,419
provisions
total long term liabilities
1,705,465
1,608,015
total liabilities
1,787,006
1,820,415
1,850,860
1,699,738
net assets
2,153,049
2,151,250
2,151,000
2,150,998
total shareholders funds
2,153,049
2,151,250
2,151,000
2,150,998
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Operating Activities
Operating Profit
2,399
333
2
2,655,553
Depreciation
Amortisation
Tax
-600
-83
-504,555
Stock
Debtors
-31,610
-30,195
151,124
3,850,736
Creditors
-1,738,874
-30,445
1,759,137
91,723
Accruals and Deferred Income
596
-596
596
Deferred Taxes & Provisions
Cash flow from operations
-1,704,869
1,607,419
-1,607,419
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
1,704,869
-1,607,419
1,607,419
share issue
interest
cash flow from financing
1,704,869
-1,607,419
1,607,419
cash and cash equivalents
cash
overdraft
change in cash
soft mick 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 soft mick ltd. Get real-time insights into soft mick ltd's credit score, group structure and payment trends.
Perform a competitor analysis for soft mick ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in M 9 area or any other competitors across 12 key performance metrics.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024
net assets
2.2m
0%
total assets
3.9m
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
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soft mick ltd company details
company number
12980985
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68201 - Renting and operating of Housing Association real estate
68100 - Buying and selling of own real estate
incorporation date
October 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
4 vale top avenue, manchester, M9 4LE
Bank
-
Legal Advisor
-
soft mick 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 3 charges/mortgages relating to soft mick ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
soft mick 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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soft mick ltdCompanies House Filings - See Documents
