mills pyatt audit limited
mills pyatt audit limited Company Information
Company Number
13221264
Next Accounts
Dec 2025
Shareholders
david edward parkes
mills pyatt limited
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
11 kingfisher business park, arthur street, redditch, worcestershire, B98 8LG
Website
millspyatt.co.ukmills pyatt audit limited Estimated Valuation
Pomanda estimates the enterprise value of MILLS PYATT AUDIT LIMITED at £553 based on a Turnover of £786 and 0.7x industry multiple (adjusted for size and gross margin).
mills pyatt audit limited Estimated Valuation
Pomanda estimates the enterprise value of MILLS PYATT AUDIT LIMITED at £752 based on an EBITDA of £166 and a 4.52x industry multiple (adjusted for size and gross margin).
mills pyatt audit limited Estimated Valuation
Pomanda estimates the enterprise value of MILLS PYATT AUDIT LIMITED at £382 based on Net Assets of £125 and 3.06x industry multiple (adjusted for liquidity).
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Mills Pyatt Audit Limited Overview
Mills Pyatt Audit Limited is a live company located in redditch, B98 8LG with a Companies House number of 13221264. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in February 2021, it's largest shareholder is david edward parkes with a 51% stake. Mills Pyatt Audit Limited is a startup, micro sized company, Pomanda has estimated its turnover at £786.2 with unknown growth in recent years.
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Mills Pyatt Audit Limited Health Check
Pomanda's financial health check has awarded Mills Pyatt Audit Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £786.2, make it smaller than the average company (£182.1k)
- Mills Pyatt Audit Limited
£182.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mills Pyatt Audit Limited
- - Industry AVG
Production
with a gross margin of 50.1%, this company has a higher cost of product (93.4%)
- Mills Pyatt Audit Limited
93.4% - Industry AVG
Profitability
an operating margin of 21.2% make it more profitable than the average company (10.1%)
- Mills Pyatt Audit Limited
10.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- Mills Pyatt Audit Limited
3 - Industry AVG
Pay Structure
on an average salary of £35k, the company has an equivalent pay structure (£35k)
- Mills Pyatt Audit Limited
£35k - Industry AVG
Efficiency
resulting in sales per employee of £786.2, this is less efficient (£76.4k)
- Mills Pyatt Audit Limited
£76.4k - Industry AVG
Debtor Days
it gets paid by customers after 172 days, this is later than average (78 days)
- Mills Pyatt Audit Limited
78 days - Industry AVG
Creditor Days
its suppliers are paid after 228 days, this is slower than average (21 days)
- Mills Pyatt Audit Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mills Pyatt Audit Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mills Pyatt Audit Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.3%, this is a higher level of debt than the average (50.8%)
66.3% - Mills Pyatt Audit Limited
50.8% - Industry AVG
MILLS PYATT AUDIT LIMITED financials
Mills Pyatt Audit Limited's latest turnover from March 2024 is estimated at £786 and the company has net assets of £125. According to their latest financial statements, we estimate that Mills Pyatt Audit Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | 100 | 100 | |
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 100 | 100 | |
| Stock & work in progress | |||
| Trade Debtors | 371 | ||
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 371 | ||
| total assets | 371 | 100 | 100 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 246 | ||
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 246 | ||
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 246 | ||
| net assets | 125 | 100 | 100 |
| total shareholders funds | 125 | 100 | 100 |
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 371 | ||
| Creditors | 246 | ||
| Accruals and Deferred Income | |||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | -100 | 100 | |
| 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 |
mills pyatt audit limited Credit Report and Business Information
Mills Pyatt Audit Limited Competitor Analysis
Perform a competitor analysis for mills pyatt audit limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in B98 area or any other competitors across 12 key performance metrics.
mills pyatt audit limited Ownership
MILLS PYATT AUDIT LIMITED group structure
Mills Pyatt Audit Limited has no subsidiary companies.
Ultimate parent company
MILLS PYATT AUDIT LIMITED
13221264
mills pyatt audit limited directors
Mills Pyatt Audit Limited currently has 2 directors. The longest serving directors include Mr David Parkes (Feb 2021) and Mr Geoffrey Mills (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Parkes | 47 years | Feb 2021 | - | Director | |
| Mr Geoffrey Mills | United Kingdom | 68 years | Mar 2023 | - | Director |
P&L
March 2024turnover
786.2
0%
operating profit
166.7
0%
gross margin
50.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
125
+0.25%
total assets
371
+2.71%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
mills pyatt audit limited company details
company number
13221264
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
February 2021
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
11 kingfisher business park, arthur street, redditch, worcestershire, B98 8LG
Bank
-
Legal Advisor
-
mills pyatt audit 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 mills pyatt audit limited.
mills pyatt audit 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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mills pyatt audit limited Companies House Filings - See Documents
| date | description | view/download |
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