mignon technologies ltd

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mignon technologies ltd Company Information

Share MIGNON TECHNOLOGIES LTD

Company Number

14746541

Shareholders

newcastle university holdings limited

alexandre yakovlev

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Group Structure

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Industry

Other information technology and computer service activities

 

Registered Address

3rd floor maybrook house, 27-35 grainger street, newcastle upon tyne, NE1 5JE

Website

-

mignon technologies ltd Estimated Valuation

£410k

Pomanda estimates the enterprise value of MIGNON TECHNOLOGIES LTD at £410k based on a Turnover of £580.1k and 0.71x industry multiple (adjusted for size and gross margin).

mignon technologies ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MIGNON TECHNOLOGIES LTD at £0 based on an EBITDA of £-264.4k and a 4.81x industry multiple (adjusted for size and gross margin).

mignon technologies ltd Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of MIGNON TECHNOLOGIES LTD at £1.1m based on Net Assets of £509.5k and 2.25x industry multiple (adjusted for liquidity).

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Mignon Technologies Ltd Overview

Mignon Technologies Ltd is a live company located in newcastle upon tyne, NE1 5JE with a Companies House number of 14746541. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 2023, it's largest shareholder is newcastle university holdings limited with a 38.5% stake. Mignon Technologies Ltd is a startup, small sized company, Pomanda has estimated its turnover at £580.1k with unknown growth in recent years.

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Mignon Technologies Ltd Health Check

Pomanda's financial health check has awarded Mignon Technologies Ltd a 4 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 Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £580.1k, make it smaller than the average company (£7.5m)

£580.1k - Mignon Technologies Ltd

£7.5m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Mignon Technologies Ltd

- - Industry AVG

production

Production

with a gross margin of 48.7%, this company has a comparable cost of product (48.7%)

48.7% - Mignon Technologies Ltd

48.7% - Industry AVG

profitability

Profitability

an operating margin of -45.6% make it less profitable than the average company (4%)

-45.6% - Mignon Technologies Ltd

4% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (43)

5 - Mignon Technologies Ltd

43 - Industry AVG

paystructure

Pay Structure

on an average salary of £72.6k, the company has an equivalent pay structure (£72.6k)

£72.6k - Mignon Technologies Ltd

£72.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £116k, this is less efficient (£176.8k)

£116k - Mignon Technologies Ltd

£176.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 37 days, this is earlier than average (51 days)

37 days - Mignon Technologies Ltd

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 102 days, this is slower than average (35 days)

102 days - Mignon Technologies Ltd

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mignon Technologies Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 330 weeks, this is more cash available to meet short term requirements (14 weeks)

330 weeks - Mignon Technologies Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.1%, this is a lower level of debt than the average (62.8%)

14.1% - Mignon Technologies Ltd

62.8% - Industry AVG

MIGNON TECHNOLOGIES LTD financials

EXPORTms excel logo

Mignon Technologies Ltd's latest turnover from March 2024 is estimated at £580.1 thousand and the company has net assets of £509.5 thousand. According to their latest financial statements, Mignon Technologies Ltd has 5 employees and maintains cash reserves of £530.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024
Turnover580,102
Other Income Or Grants
Cost Of Sales297,829
Gross Profit282,273
Admin Expenses546,801
Operating Profit-264,528
Interest Payable
Interest Receivable13,933
Pre-Tax Profit-250,595
Tax
Profit After Tax-250,595
Dividends Paid
Retained Profit-250,595
Employee Costs362,881
Number Of Employees5
EBITDA*-264,384

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024
Tangible Assets2,719
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,719
Stock & work in progress
Trade Debtors59,547
Group Debtors
Misc Debtors
Cash530,765
misc current assets
total current assets590,312
total assets593,031
Bank overdraft
Bank loan
Trade Creditors 83,548
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities83,548
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities83,548
net assets509,483
total shareholders funds509,483
Mar 2024
Operating Activities
Operating Profit-264,528
Depreciation144
Amortisation
Tax
Stock
Debtors59,547
Creditors83,548
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-240,383
Investing Activities
capital expenditure-2,863
Change in Investments
cash flow from investments-2,863
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue760,078
interest13,933
cash flow from financing774,011
cash and cash equivalents
cash530,765
overdraft
change in cash530,765

mignon technologies ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Mignon Technologies Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mignon technologies ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in NE1 area or any other competitors across 12 key performance metrics.

mignon technologies ltd Ownership

MIGNON TECHNOLOGIES LTD group structure

Mignon Technologies Ltd has no subsidiary companies.

Ultimate parent company

MIGNON TECHNOLOGIES LTD

14746541

MIGNON TECHNOLOGIES LTD Shareholders

newcastle university holdings limited 38.46%
alexandre yakovlev 21.79%
rishad shafik 21.79%
cambridge future tech ltd 15.38%
adrian reece wheeldon 1.54%
sidharth maheshwari 1.03%

mignon technologies ltd directors

Mignon Technologies Ltd currently has 5 directors. The longest serving directors include Mr Alexandre Yakovlev (Mar 2023) and Mr Noel Hurley (Oct 2023).

officercountryagestartendrole
Mr Alexandre YakovlevUnited Kingdom69 years Mar 2023- Director
Mr Noel HurleyUnited Kingdom57 years Oct 2023- Director
Mr Jeremy DaviesUnited Kingdom65 years Dec 2023- Director
Ms Esha VatsaUnited Kingdom37 years Dec 2024- Director
Ms Khadija AshfaqEngland29 years Dec 2024- Director

P&L

March 2024

turnover

580.1k

0%

operating profit

-264.5k

0%

gross margin

48.7%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

509.5k

0%

total assets

593k

0%

cash

530.8k

0%

net assets

Total assets minus all liabilities

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Similar companies unavailable for this selection

mignon technologies ltd company details

company number

14746541

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

March 2023

age

2

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

3rd floor maybrook house, 27-35 grainger street, newcastle upon tyne, NE1 5JE

Bank

-

Legal Advisor

-

mignon technologies 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 mignon technologies ltd.

mignon technologies 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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mignon technologies ltd Companies House Filings - See Documents

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