Pomanda estimates the enterprise value of MEI SHI (ORMSKIRK) LTD at £23.4k based on a Turnover of £42.7k and 0.55x industry multiple (adjusted for size and gross margin).
mei shi (ormskirk) ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MEI SHI (ORMSKIRK) LTD at £0 based on an EBITDA of £-2.1k and a 3.53x industry multiple (adjusted for size and gross margin).
mei shi (ormskirk) ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MEI SHI (ORMSKIRK) LTD at £0 based on Net Assets of £-1.9k and 2.5x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mei Shi (ormskirk) LtdOverview
Mei Shi (ormskirk) Ltd is a live company located in rochford, SS4 1AJ with a Companies House number of 14479213. It operates in the licenced restaurants sector, SIC Code 56101. Founded in November 2022, it's largest shareholder is
victual group ltd
with a 100% stake. Mei Shi (ormskirk) Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£42.7k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Mei Shi (Ormskirk) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £42.7k, make it smaller than the average company (£2.2m)
£42.7k - Mei Shi (ormskirk) Ltd
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Mei Shi (ormskirk) Ltd
- - Industry AVG
Production
with a gross margin of 37.3%, this company has a higher cost of product (58.4%)
37.3% - Mei Shi (ormskirk) Ltd
58.4% - Industry AVG
Profitability
an operating margin of -4.9% make it less profitable than the average company (2.5%)
-4.9% - Mei Shi (ormskirk) Ltd
2.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (46)
2 - Mei Shi (ormskirk) Ltd
46 - Industry AVG
Pay Structure
on an average salary of £19.8k, the company has an equivalent pay structure (£19.8k)
£19.8k - Mei Shi (ormskirk) Ltd
£19.8k - Industry AVG
Efficiency
resulting in sales per employee of £21.4k, this is less efficient (£54.3k)
£21.4k - Mei Shi (ormskirk) Ltd
£54.3k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (6 days)
0 days - Mei Shi (ormskirk) Ltd
6 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (48 days)
55 days - Mei Shi (ormskirk) Ltd
48 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is in line with average (11 days)
10 days - Mei Shi (ormskirk) Ltd
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 16 weeks, this is more cash available to meet short term requirements (12 weeks)
16 weeks - Mei Shi (ormskirk) Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 190.9%, this is a higher level of debt than the average (82.9%)
190.9% - Mei Shi (ormskirk) Ltd
82.9% - Industry AVG
MEI SHI (ORMSKIRK) LTD financials
EXPORT
Mei Shi (Ormskirk) Ltd's latest turnover from November 2023 is estimated at £42.7 thousand and the company has net assets of -£1.9 thousand. According to their latest financial statements, Mei Shi (Ormskirk) Ltd has 2 employees and maintains cash reserves of £1.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Turnover
42,722
Other Income Or Grants
Cost Of Sales
26,809
Gross Profit
15,913
Admin Expenses
17,995
Operating Profit
-2,082
Interest Payable
Interest Receivable
34
Pre-Tax Profit
-2,048
Tax
Profit After Tax
-2,048
Dividends Paid
Retained Profit
-2,048
Employee Costs
39,557
Number Of Employees
2
EBITDA*
-2,082
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
750
Trade Debtors
100
Group Debtors
Misc Debtors
Cash
1,293
misc current assets
total current assets
2,143
total assets
2,143
Bank overdraft
Bank loan
Trade Creditors
4,091
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
4,091
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
4,091
net assets
-1,948
total shareholders funds
-1,948
Nov 2023
Operating Activities
Operating Profit
-2,082
Depreciation
Amortisation
Tax
Stock
750
Debtors
100
Creditors
4,091
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
1,159
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
100
interest
34
cash flow from financing
134
cash and cash equivalents
cash
1,293
overdraft
change in cash
1,293
mei shi (ormskirk) 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 mei shi (ormskirk) ltd. Get real-time insights into mei shi (ormskirk) ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mei shi (ormskirk) ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in SS4 area or any other competitors across 12 key performance metrics.
mei shi (ormskirk) ltd Ownership
MEI SHI (ORMSKIRK) LTD group structure
Mei Shi (Ormskirk) Ltd has no subsidiary companies.
Ultimate parent company
MEI SHI (ORMSKIRK) LTD
14479213
MEI SHI (ORMSKIRK) LTD Shareholders
The sole shareholder of Mei Shi (Ormskirk) Ltd is Victual Group Ltd.
victual group ltd
100%
mei shi (ormskirk) ltd directors
Mei Shi (Ormskirk) Ltd currently has 3 directors.
The longest serving directors include
Mr Mark House (Nov 2022) and
Mr Mike Mounfield (Nov 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023
net assets
-1.9k
0%
total assets
2.1k
0%
cash
1.3k
0%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
mei shi (ormskirk) ltd company details
company number
14479213
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
November 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
November 2023
previous names
N/A
accountant
CASTLE & CO
auditor
-
address
16-18 west street, rochford, SS4 1AJ
Bank
-
Legal Advisor
-
mei shi (ormskirk) 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 did not find charges/mortgages relating to mei shi (ormskirk) ltd.
mei shi (ormskirk) 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.
Click to start generating capital raising & share issue transactions for MEI SHI (ORMSKIRK) LTD. This can take several minutes, an email will notify you when this has completed.
mei shi (ormskirk) ltdCompanies House Filings - See Documents
