millway retail limited
millway retail limited Company Information
Company Number
13054651
Website
-Registered Address
c/o rpgcc 40 gracechurch street, london, EC3V 0BT
Industry
Retail sale via mail order houses or via Internet
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
w group holdings limited 100%
millway retail limited Estimated Valuation
Pomanda estimates the enterprise value of MILLWAY RETAIL LIMITED at £308.3k based on a Turnover of £1.2m and 0.25x industry multiple (adjusted for size and gross margin).
millway retail limited Estimated Valuation
Pomanda estimates the enterprise value of MILLWAY RETAIL LIMITED at £663.8k based on an EBITDA of £185.2k and a 3.58x industry multiple (adjusted for size and gross margin).
millway retail limited Estimated Valuation
Pomanda estimates the enterprise value of MILLWAY RETAIL LIMITED at £331.3k based on Net Assets of £152.1k and 2.18x industry multiple (adjusted for liquidity).
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Millway Retail Limited Overview
Millway Retail Limited is a live company located in london, EC3V 0BT with a Companies House number of 13054651. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in December 2020, it's largest shareholder is w group holdings limited with a 100% stake. Millway Retail Limited is a startup, small sized company, Pomanda has estimated its turnover at £1.2m with unknown growth in recent years.
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Millway Retail Limited Health Check
Pomanda's financial health check has awarded Millway Retail Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £3.4m, make it larger than the average company (£348k)
£3.4m - Millway Retail Limited
£348k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Millway Retail Limited
- - Industry AVG
Production
with a gross margin of 30.6%, this company has a comparable cost of product (36.4%)
30.6% - Millway Retail Limited
36.4% - Industry AVG
Profitability
an operating margin of 9.4% make it more profitable than the average company (2%)
9.4% - Millway Retail Limited
2% - Industry AVG
Employees
with 21 employees, this is above the industry average (4)
- Millway Retail Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Millway Retail Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £160k, this is equally as efficient (£162.3k)
- Millway Retail Limited
£162.3k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (20 days)
8 days - Millway Retail Limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (33 days)
5 days - Millway Retail Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 84 days, this is in line with average (84 days)
84 days - Millway Retail Limited
84 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (17 weeks)
6 weeks - Millway Retail Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.3%, this is a higher level of debt than the average (75.6%)
98.3% - Millway Retail Limited
75.6% - Industry AVG
MILLWAY RETAIL LIMITED financials
Millway Retail Limited's latest turnover from December 2023 is £1.2 million and the company has net assets of £152.1 thousand. According to their latest financial statements, we estimate that Millway Retail Limited has 7 employees and maintains cash reserves of £59.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Jun 2023 | Dec 2021 | |
|---|---|---|---|
| Turnover | 1,222,825 | 3,359,070 | |
| Other Income Or Grants | 0 | 0 | |
| Cost Of Sales | 934,043 | 2,330,682 | |
| Gross Profit | 288,782 | 1,028,388 | |
| Admin Expenses | 103,584 | 711,844 | |
| Operating Profit | 185,198 | 316,544 | |
| Interest Payable | 0 | 0 | |
| Interest Receivable | 0 | 0 | |
| Pre-Tax Profit | 185,198 | 316,544 | |
| Tax | -46,300 | -63,309 | |
| Profit After Tax | 138,898 | 253,235 | |
| Dividends Paid | 0 | 380,000 | |
| Retained Profit | 138,898 | -126,765 | |
| Employee Costs | 0 | 0 | |
| Number Of Employees | 1 | ||
| EBITDA* | 185,198 | 316,544 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Jun 2023 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 433,236 | 536,484 | 618,309 |
| Trade Debtors | 149,038 | 76,715 | 122,767 |
| Group Debtors | 0 | 17,685 | 0 |
| Misc Debtors | 40,939 | 59,438 | 137,439 |
| Cash | 59,877 | 92,110 | 6,020 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 683,090 | 782,432 | 884,535 |
| total assets | 683,090 | 782,432 | 884,535 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 57,201 | 35,529 | 317,468 |
| Group/Directors Accounts | 348,473 | 667,421 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 125,290 | 66,254 | 427,074 |
| total current liabilities | 530,964 | 769,204 | 744,542 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 530,964 | 769,204 | 744,542 |
| net assets | 152,126 | 13,228 | 139,993 |
| total shareholders funds | 152,126 | 13,228 | 139,993 |
| Dec 2023 | Jun 2023 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 185,198 | 316,544 | |
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | -46,300 | -63,309 | |
| Stock | 433,236 | 536,484 | 618,309 |
| Debtors | 189,977 | 153,838 | 260,206 |
| Creditors | 57,201 | 35,529 | 317,468 |
| Accruals and Deferred Income | 125,290 | 66,254 | 427,074 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | -301,824 | -335,304 | |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 348,473 | 667,421 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | 0 | 0 | |
| cash flow from financing | 361,701 | 807,414 | |
| cash and cash equivalents | |||
| cash | 59,877 | 92,110 | 6,020 |
| overdraft | 0 | 0 | 0 |
| change in cash | 59,877 | 92,110 | 6,020 |
millway retail limited Credit Report and Business Information
Millway Retail Limited Competitor Analysis
Perform a competitor analysis for millway retail limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in EC3V area or any other competitors across 12 key performance metrics.
millway retail limited Ownership
MILLWAY RETAIL LIMITED group structure
Millway Retail Limited has no subsidiary companies.
Ultimate parent company
EQUILIBRE ATTITUDE
#0096652
2 parents
MILLWAY RETAIL LIMITED
13054651
millway retail limited directors
Millway Retail Limited currently has 3 directors. The longest serving directors include Mr Jonathan Bienfait (May 2023) and Mr Thierry Verne (May 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Bienfait | France | 35 years | May 2023 | - | Director |
| Mr Thierry Verne | England | 51 years | May 2023 | - | Director |
| Mr Philip Williams | England | 43 years | May 2023 | - | Director |
P&L
December 2023turnover
1.2m
0%
operating profit
185.2k
0%
gross margin
23.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
152.1k
0%
total assets
683.1k
0%
cash
59.9k
0%
net assets
Total assets minus all liabilities
Similar Companies
millway retail limited company details
company number
13054651
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
December 2020
age
4
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
RPG CROUCH CHAPMAN LLP
auditor
CONSTANTIN
address
c/o rpgcc 40 gracechurch street, london, EC3V 0BT
Bank
-
Legal Advisor
-
millway retail 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 millway retail limited.
millway retail limited Companies House Filings - See Documents
| date | description | view/download |
|---|
