midlands mindforge limited
midlands mindforge limited Company Information
Company Number
14139782
Next Accounts
Feb 2026
Shareholders
the university of birmingham
university of warwick
View AllGroup Structure
View All
Industry
Activities of venture and development capital companies
Registered Address
1 park row, leeds, LS1 5AB
Website
midlandsmindforge.commidlands mindforge limited Estimated Valuation
Pomanda estimates the enterprise value of MIDLANDS MINDFORGE LIMITED at £765k based on a Turnover of £321k and 2.38x industry multiple (adjusted for size and gross margin).
midlands mindforge limited Estimated Valuation
Pomanda estimates the enterprise value of MIDLANDS MINDFORGE LIMITED at £0 based on an EBITDA of £-1.2m and a 5.77x industry multiple (adjusted for size and gross margin).
midlands mindforge limited Estimated Valuation
Pomanda estimates the enterprise value of MIDLANDS MINDFORGE LIMITED at £310k based on Net Assets of £265k and 1.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Midlands Mindforge Limited Overview
Midlands Mindforge Limited is a live company located in leeds, LS1 5AB with a Companies House number of 14139782. It operates in the activities of venture and development capital companies sector, SIC Code 64303. Founded in May 2022, it's largest shareholder is the university of birmingham with a 21.4% stake. Midlands Mindforge Limited is a startup, micro sized company, Pomanda has estimated its turnover at £321k with unknown growth in recent years.
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Midlands Mindforge Limited Health Check
Pomanda's financial health check has awarded Midlands Mindforge Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £321k, make it smaller than the average company (£1.8m)
- Midlands Mindforge Limited
£1.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Midlands Mindforge Limited
- - Industry AVG
Production
with a gross margin of 64.7%, this company has a comparable cost of product (64.7%)
- Midlands Mindforge Limited
64.7% - Industry AVG
Profitability
an operating margin of -367.9% make it less profitable than the average company (0.1%)
- Midlands Mindforge Limited
0.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (9)
2 - Midlands Mindforge Limited
9 - Industry AVG
Pay Structure
on an average salary of £91.1k, the company has an equivalent pay structure (£91.1k)
- Midlands Mindforge Limited
£91.1k - Industry AVG
Efficiency
resulting in sales per employee of £160.5k, this is less efficient (£204.5k)
- Midlands Mindforge Limited
£204.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Midlands Mindforge Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is quicker than average (84 days)
- Midlands Mindforge Limited
84 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Midlands Mindforge Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 227 weeks, this is more cash available to meet short term requirements (41 weeks)
227 weeks - Midlands Mindforge Limited
41 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20%, this is a lower level of debt than the average (51.4%)
20% - Midlands Mindforge Limited
51.4% - Industry AVG
MIDLANDS MINDFORGE LIMITED financials
Midlands Mindforge Limited's latest turnover from May 2024 is estimated at £321 thousand and the company has net assets of £265 thousand. According to their latest financial statements, Midlands Mindforge Limited has 2 employees and maintains cash reserves of £290.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | |
|---|---|---|
| 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 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | |
|---|---|---|
| Tangible Assets | 193 | |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 193 | |
| Stock & work in progress | ||
| Trade Debtors | ||
| Group Debtors | ||
| Misc Debtors | 40,929 | 21,204 |
| Cash | 290,125 | 865,564 |
| misc current assets | ||
| total current assets | 331,054 | 886,768 |
| total assets | 331,247 | 886,768 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 23,243 | 260 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 43,049 | 72,941 |
| total current liabilities | 66,292 | 73,201 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | 66,292 | 73,201 |
| net assets | 264,955 | 813,567 |
| total shareholders funds | 264,955 | 813,567 |
| May 2024 | May 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 74 | |
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 19,725 | 21,204 |
| Creditors | 22,983 | 260 |
| Accruals and Deferred Income | -29,892 | 72,941 |
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| 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 | -575,439 | 865,564 |
| overdraft | ||
| change in cash | -575,439 | 865,564 |
midlands mindforge limited Credit Report and Business Information
Midlands Mindforge Limited Competitor Analysis
Perform a competitor analysis for midlands mindforge limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in LS1 area or any other competitors across 12 key performance metrics.
midlands mindforge limited Ownership
MIDLANDS MINDFORGE LIMITED group structure
Midlands Mindforge Limited has no subsidiary companies.
Ultimate parent company
MIDLANDS MINDFORGE LIMITED
14139782
midlands mindforge limited directors
Midlands Mindforge Limited currently has 8 directors. The longest serving directors include Ms Lisa Smith (Jun 2023) and Mr Alun Rees (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Lisa Smith | England | 52 years | Jun 2023 | - | Director |
| Mr Alun Rees | United Kingdom | 69 years | Jun 2023 | - | Director |
| Ms Christina McComb | United Kingdom | 68 years | Feb 2024 | - | Director |
| Mr Nicholas Jennings | United Kingdom | 28 years | Feb 2024 | - | Director |
| Dr Nikesh Kotecha | 58 years | Feb 2024 | - | Director | |
| Yewande Akinola | United Kingdom | 40 years | Feb 2024 | - | Director |
| Mr Richard Swann | England | 57 years | Feb 2024 | - | Director |
| Ms Erica Conway | United Kingdom | 55 years | Oct 2024 | - | Director |
P&L
May 2024turnover
321k
+13%
operating profit
-1.2m
0%
gross margin
64.8%
-15.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
265k
-0.67%
total assets
331.2k
-0.63%
cash
290.1k
-0.66%
net assets
Total assets minus all liabilities
Similar Companies
midlands mindforge limited company details
company number
14139782
Type
Private limited with Share Capital
industry
64303 - Activities of venture and development capital companies
incorporation date
May 2022
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
midlands investment vehicle limited (December 2022)
accountant
-
auditor
-
address
1 park row, leeds, LS1 5AB
Bank
-
Legal Advisor
-
midlands mindforge 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 midlands mindforge limited.
midlands mindforge 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.
Click to start generating capital raising & share issue transactions for MIDLANDS MINDFORGE LIMITED. This can take several minutes, an email will notify you when this has completed.
midlands mindforge limited Companies House Filings - See Documents
| date | description | view/download |
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