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MYHOME INTERNATIONAL PLC - The AA Of The Home - Now Appearing On AIM. (MYH)     

goldfinger - 31 Dec 2006 09:35

Listed on the AIM market on Friday the 29th of December.

Picture1.jpgheader_r1_c6.gifsplash2_01.jpgmyhome_new8.jpglogo_black.jpgp.php?pid=legacydaily&epic=MYH&type=1&sip.php?pid=staticchart&s=OF^MYH&p=0&t=1&c MARKET CAP 31 Million, Opened up on Aim at 68p mid price. Large investors include Unilever and Nigel Wray consortium. 4 million will be used by Myhome as working capital in order to further build its franchise. The company is CEOs O'Connell's creation. He merged his own residential cleaning business with a carefully researched and computerised rival developed by Unilever. The detergent behemoth lost interest after spending, in small company terms, a fortune developing an IT franchising operation. It still has shares in Myhome, issued when it sold out. There is no doubt that Unilever's sophisticated computerised system has provided Myhome with invaluable infrastructure.
It has allowed it to expand its home-cleaning operations and buy other franchise businesses. Besides residential cleaning, the group undertakes grass cutting, oven and car cleaning, and kitchen and bathroom refurbishment. It has about 300 franchisees; in three years it expects the number to top 700.

p.php?pid=staticchart&s=OF^MYH&p=5&t=1&c

Myhome International PLC
29 December 2006



29 December 2006



MYHOME INTERNATIONAL PLC



Admission to AIM



Myhome International Plc ('Myhome' or the 'Company') today announces that its
ordinary shares have been admitted to trading on the AIM market of London Stock
Exchange plc ('AIM') and that unconditional dealings in its ordinary shares will
commence today ('Admission'). The ticker symbol remains unchanged and is 'MYH'.
The Company's shares will continue to be capable of being traded on PLUS.



Highlights



Significant presence in the home services franchise sector with over
290 franchisees;

Board with experience of operating franchise companies as well as
expertise in the retail and corporate environments;

Brands provide a variety of premium local services, supported by a
central infrastructure providing sales and administrative support;

Targeting further acquisitions including business to business as well
as business to consumer brands; and

4 million investment by Nigel Wray, Stephen Hemsley and certain other
investors (the 'Investors') completed today.



On 15 November 2006 the Company announced that the Investors had agreed to
subscribe 4 million for 10,000,000 new ordinary shares of 5p each in the
Company (the 'Subscription Shares') at a price of 40p per Subscription Share
conditional, inter alia, upon Admission becoming effective. In addition, the
Investors would be granted warrants (the 'Warrants') to subscribe for up to
7,500,000 new ordinary shares at 40p per share. All of the conditions under this
conditional investment agreement have now been satisfied and the Subscription
Shares and Warrants have today been issued to the Investors.



Further to the Company's second announcement on 11 December 2006, 500,000 new
ordinary shares have been issued to Robert Boot and 1,114,584 new ordinary
shares have been issued to Russell O'Connell pursuant to the exercise of options
and warrants respectively.



The AIM admission document is available at the offices of Myhome, 119 Richmond
Road, Kingston Upon Thames, Surrey, KT2 5BX or from the Company's nominated
adviser, Noble & Company, 5th Floor, 120 Old Broad Street, London, EC2N 1AR for
a period of one month after Admission.



Russell O'Connell, Executive Chairman, made the following comments: 'Myhome has
had an extremely successful period and we look forward to pursuing our buy and
build brand expansion strategy. We believe this move to AIM will allow us to
take advantage of the increased profile a listing on London's junior market
affords. The Group will benefit from better access to capital which will enable
Myhome to increase its rate of growth.'
---ENDS---

Company website..

http://www.myhomeplc.com/home_fs.htm

Old Historic thread with plenty of usefull contributions and information....

http://www.moneyam.com/InvestorsRoom/posts.php?tid=10149#lastread

Latest analyst forecasts ...

Our highly conservative estimates put September 2007 earnings at 6.8p rising to 13.5p in 2008. At 68.5p, Myhome trades on a 2007 earnings multiple of 10.4 falling 5.3 in 2008. That does not discount the explosive growth we have learnt to expect from the group, including the newly incorporated revenue of Ovenclean and Autosheen plus future earnings enhancing acquisitions.

Our forecasts and recommendation are suspended pending the publication of a detailed note next month.


DYOR.

Greyhound - 02 Apr 2007 08:09 - 308 of 459

Augustman, thanks for the post - looks like a bit of good free publicity.

Biscuit - 04 Apr 2007 21:11 - 309 of 459

Are we to expect the interim results before 23rd April and the AGM, does anyone know? Would seem a bit soon, although the interims were released on May 23rd last year.

goldfinger - 04 Apr 2007 22:55 - 310 of 459

Biscuit not sure myself.

Plus site seems to have wiped off all historical data.

AUGUSTMAN - 18 Apr 2007 15:52 - 311 of 459

Myhome International PLC
18 April 2007

For immediate release
18 April 2007



Myhome International plc

('Myhome' or the 'Company')



Holdings in the Company



In accordance with Chapter 5 of the Financial Services Authority's Disclosure
and Transparency Rules, the Company was informed on 18 April 2007 by certain
major shareholders of the following beneficial interests in the ordinary share
capital of the Company:


Shareholder Number of shares Percentage of issued
voting share capital


Nigel Wray 6,875,000 14.87 %

Russell O'Connell 5,494,052 11.88 %

(Chairman of Myhome)

Starvest plc 3,300,000 7.14 %

Stephen Hemsley 2,500,000 5.41 %

Franchise Investment Strategies plc 1,625,000 3.51 %





For further information please contact:



Myhome International plc 07767 772177
Jonathan Jenkins


Noble & Company Limited 020 7763 2200
Nick Naylor



Bishopsgate Communications Ltd 020 7562 3350
Nick Rome
Maxine Barnes








This information is provided by RNS
The company news service from the London Stock Exchange

stockdog - 18 Apr 2007 16:25 - 312 of 459

42.81% "tightly" held. Unilever's share now does not figure - so below 3%?

The above seems to give them effective control of the company - although not sure where Starvest's alliegences lie.

goldfinger - 18 Apr 2007 23:12 - 313 of 459

Interesting.

Does look like they are commited.

A few over the road had concerns when Wray and chums went in.

Biscuit - 20 Apr 2007 18:51 - 314 of 459

Is anybody going to the AGM on Monday? Are we to expect the interim results Monday too?

Biscuit

stockdog - 20 Apr 2007 19:33 - 315 of 459

Would like to but shall be in sunny Budapest for the week. All first hand reports welcome.

goldfinger - 20 Apr 2007 22:54 - 316 of 459

Jammy so and so.

stockdog - 20 Apr 2007 23:46 - 317 of 459

GF, if you only knew. A Russian banker I'm supposed to g'tee performance against a loan from (should I get my legs insured?) on Tuesday and a psychotically challenged client on Wednesday who just yesterday had to be physically restrained from attacking one of her staff!

I was using "sunny" in a loose and jesting manner!

goldfinger - 23 Apr 2007 13:50 - 318 of 459

Myhome International PLC
23 April 2007

For immediate release
23 April 2007



Myhome International plc
('Myhome' or the 'Company')


Result of AGM



The Board of Myhome announces that at the Company's Annual General Meeting held
earlier today, all resolutions were duly passed.



ENQUIRIES:



Myhome International Plc 020 8404 6479
Russell O'Connell, Chairman


Noble & Company Limited 020 7763 2200
Nick Naylor
Alastair Maclachlan

Bishopsgate Communications Ltd 020 7562 3350
Nick Rome
Maxine Barnes




Greyhound - 26 Apr 2007 08:59 - 319 of 459

All gone a bit quiet here, hopefully a bit up upward momentum soon...

goldfinger - 26 Apr 2007 09:22 - 320 of 459

Yes was thinking the same myself.

Results arent that far off are they?.

Wonder if they have some goodies for us then.

AUGUSTMAN - 09 May 2007 08:49 - 321 of 459

new board appt - anyone know of this chap?



Myhome International PLC
09 May 2007

Embargoed for release at 7.00 a.m. 09 May 2007

Myhome International plc
('Myhome' or the 'Company')

Key management appointment


The Board of Directors of the Company is pleased to announce that Clive Smith
has joined the Myhome senior management team as group franchise operations
director.

Clive joins the Company from his previous role at Dyno Group ('Dyno'), where he
spent over 15 years in a number of roles including Marketing & Operations
Director. Following Dyno's acquisition by Centrica in 2004, Clive was appointed
Head of Business, where he was responsible for devising and delivering
operational, marketing and sales strategy for each Dyno business unit.

Russell O'Connell, Chairman, said: 'Clive's experience at Dyno, overseeing both
the creation and continued growth of a successful multi-brand franchise
operation, is second to none. His expertise will be a welcome addition to the
Myhome management team, as the Company continues to grow both organically and by
acquisition.'

Clive Smith, noted: 'It is certainly an exciting time to join the Company, as
Russell's vision of a multi-service franchise network fast becomes a reality. I
look forward to helping the Company consolidate and accelerate its growth
strategy.'


Enquiries:

Myhome International plc 01372 471 573
Russell O'Connell

Noble & Company Limited 020 7763 2200
Nick Naylor
Alastair Maclachlan

Bishopsgate Communications Ltd 020 7562 3350
Nick Rome
Maxine Barnes



This information is provided by RNS
The company news service from the London Stock Exchange FKQABKDAPK




goldfinger - 09 May 2007 10:54 - 322 of 459

Another appointment.

Im hoping somethings going on behind the scenes.............

Myhome International PLC
09 May 2007

Embargoed for release at 7.00 a.m. 09 May 2007

Myhome International plc
('Myhome' or the 'Company')

Key management appointment


The Board of Directors of the Company is pleased to announce that Clive Smith
has joined the Myhome senior management team as group franchise operations
director.

Clive joins the Company from his previous role at Dyno Group ('Dyno'), where he
spent over 15 years in a number of roles including Marketing & Operations
Director. Following Dyno's acquisition by Centrica in 2004, Clive was appointed
Head of Business, where he was responsible for devising and delivering
operational, marketing and sales strategy for each Dyno business unit.

Russell O'Connell, Chairman, said: 'Clive's experience at Dyno, overseeing both
the creation and continued growth of a successful multi-brand franchise
operation, is second to none. His expertise will be a welcome addition to the
Myhome management team, as the Company continues to grow both organically and by
acquisition.'

Clive Smith, noted: 'It is certainly an exciting time to join the Company, as
Russell's vision of a multi-service franchise network fast becomes a reality. I
look forward to helping the Company consolidate and accelerate its growth
strategy.'


Enquiries:

Myhome International plc 01372 471 573
Russell O'Connell

Noble & Company Limited 020 7763 2200
Nick Naylor
Alastair Maclachlan

Bishopsgate Communications Ltd 020 7562 3350
Nick Rome
Maxine Barnes

goldfinger - 10 May 2007 11:01 - 323 of 459

A bit of summer drift coming into play here, happened last year aswell.

Results soon should perk it up again.

AUGUSTMAN - 16 May 2007 08:36 - 324 of 459

Myhome International PLC
16 May 2007

Embargoed until 7.00 a.m.

16 May 2007



Myhome International plc

('Myhome' or the 'Company')



Unaudited interim results for the six months ended 31 March 2007

Interim Profits double in maiden AIM results



Myhome, one of the UK's leading franchisors of residential services, is pleased
to announce its interim results for the six month period to 31 March 2007.



HIGHLIGHTS



Profit before taxation for the six months increased by 166% to GBP 742,379
(compared to GBP278,663 for six months to 31 March 2006 and GBP 733,787 for
year ended 30 September 2006)



Basic earnings per share increased by 45% to 1.48p (6 months to 31 March
2006: 1.02p; year ended 30 September 2006 1.77p)



Network turnover up 439% to GBP17m from GBP3.15m (31 March 2006)



Share price increased by over 70% since the start of the current financial
year (1 October 2006)



Shareholder base strengthened by a number of institutional investors and
4m investment headed by Nigel Wray and Stephen Hemsley



Number of franchise territories now operating totals: 363 (30 September
2006: 295)



Northern Ireland Master Licence for Ovenclean awarded



Admission to AIM completed on 29 December 2006



POST BALANCE SHEET HIGHLIGHTS



Move to purpose built headquarters in Esher completed in April 2007



Launch of additional window cleaning service in May 2007



Clive Smith, former Head of Business at Dyno Group joined the senior
management team as Franchise Operations Director in early May 2007



Russell O'Connell, Executive Chairman, Myhome International plc, commented:



'This has been a dynamic six months for the Company - not only has the momentum
of growth continued across our franchise operations but also we have also
completed the transition to AIM and the move to a new corporate HQ, both on time
and on budget. The Myhome vision of becoming the international multi-brand
franchise network for premium residential services is clearly on track as we
today report our maiden AIM results.



'We look forward to the second half with our expanded management team, a strong
pipeline of potential franchisees, a maturing royalty stream and excellent
support from our shareholder base. We are confident we are on track to meet
market expectations.'



Enquiries



Myhome International plc 01372 471 573
Russell O'Connell



Noble & Company Limited 020 7763 2200
Nick Naylor/Alastair Maclachlan



Bishopsgate Communications Limited 020 7562 3350
Nick Rome / Maxine Barnes


Myhome International plc
Unaudited Interim Results
for the six months ended 31 March 2007



Executive Chairman's Statement



It gives me great pleasure to report the interim results of Myhome International
for the six month period to 31 March 2007.





Financial Results



Our profit before taxation for the six months of GBP 742,379 is a 166% increase
on the comparable six month period 31 March 2006. It also exceeds our previous
results for the full year to 30 September 2006.



The rise in turnover and a tight control over cost of sales has led to an
increase in gross profit of 83%. Further cost efficiencies and control of
administrative expenses has led to an increase in profit after tax of 143%,
compared to the period to 31 March 2006.



Our basic earnings per share is up by 45% to 1.48p per share, as we continue to
improve shareholder value by continued growth - both organically and by
acquisition.



All our businesses remain on track, with interest from potential franchisees,
customers and investors still very strong.





Strong Franchise Recruitment



Our franchise network now comprises 363 operations, with all our domestic
services brands - Myhome, Nicenstripy, Ovenclean, Autosheen and Surface Doctor
continuing to expand their coverage in the UK. Myhome's presence at all
prominent franchising events has ensured a strong pipeline for all brands. This
has been supported by a innovative marketing campaign across all media,
including a 10 minute profile on the BBC Money Programme's 'Get Your Life in
Order' broadcast in March.



Our existing international master franchises in Ireland and Australia all
continue to progress in line with expectations. Also during the period under
review, Ovenclean awarded a master licence for Northern Ireland. We expect to
announce the award of further master franchises in the future.





New business launched



The Company announces the launch of its window cleaning franchising business, a
natural addition to the existing Myhome product range and customer base. With a
pilot operation already in place, the franchise programme is already in
development, and will look to launch its franchise network during the coming
financial year.





Corporate activity



After almost five years on Plus Markets, the Company's shares were admitted to
trading on AIM on 29 December 2006. The move to AIM has already had a
considerable impact on the profile of the Company, with an increasing number of
institutional shareholders on the register, as well as an increased level of
support from retail investors. Concurrent with the move to AIM, the Company
secured an investment of 4m from a group of investors, led by Nigel Wray and
Stephen Hemsley.



Our commitment to investor relations has ensured that the Myhome story continues
to be heard by a wider audience, both in the investment community and financial
media.



In April, the Company moved to its new purpose-built headquarters, following the
acquisition and refit of 4,000sq ft of offices in Esher, Surrey. This move
enables the Company to centralise further core functions, such as marketing,
accounts and IT, specifically incorporating an upgraded call centre facility to
service Group franchisees, customers, and to kick-start cross-selling programmes
across our range of premium residential services.



Management Team



The management team was strengthened by the appointment of Jonathan Jenkins and
Martin Ward to the plc Board upon Admission of Myhome shares to trading on AIM
as Chief Operating Officer and Finance Director respectively.



Jonathan brings with him over 14 years of City experience, most recently being
the MD of Plus Markets Group. His input on investor relations, funding,
acquisitions and corporate governance has already proved invaluable, not least
in managing the move to AIM.



Having trained at Baker Tilly as a Chartered Accountant, Martin has worked with
a number of companies in financial control functions over the past decade,
including Rentokill, Budweiser, and Technicolor Inc.



As the Company has recently announced, Clive Smith has joined the senior
management team as group franchise operations director. Clive previously spent
over 15 years at the Dyno Group in a number of roles including Marketing &
Operations Director. Following Dyno's acquisition by Centrica in 2004, Clive was
appointed Head of Business, where he was responsible for devising and delivering
operational, marketing and sales strategy for each Dyno business unit.





Dividends



No interim dividend is being proposed. As described in the Company's admission
document dated 29 December 2006, it is the Board's policy that, subject to the
availability of distributable reserves, dividends will be paid to shareholders
when the Directors believe it is appropriate and prudent to do so. However, the
main focus of the Company will be in delivering capital growth for shareholders.





Future prospects



We look forward to the second half with our expanded management team, a strong
pipeline of potential franchisees, a maturing royalty stream and excellent
support from our shareholder base.



Our organic growth will continue to be enhanced by our acquisition policy, with
franchises such as dry cleaning, carpet cleaning, security, electrical and
plumbing being of particular interest. These would fit seamlessly into the
Myhome infrastructure and customer base.



I would like to thank our shareholders, customers and our staff for their
continued commitment to the Company in these exciting times.



We look forward to the second half with our expanded management team, a strong
pipeline of potential franchisees, a maturing royalty stream and excellent
support from our shareholder base. We are confident we are on track to meet
market expectations.



Russell O'Connell
Executive Chairman
16 May 2007




Myhome International plc

Unaudited consolidated profit and loss account for the six months ended 31 March
2007


Six months Six months Year
ended ended ended
31 March 31 March 30 September
2007 2006 2006
Notes Unaudited Unaudited Audited
'000 '000 '000



NETWORK TURNOVER 17,000 3,150 13,000

Turnover 2 1,843 1,202 2,664

Cost of sales (276) (345) (529)



GROSS PROFIT 1,567 857 2,135

Other operating income - - 23
Administrative expenses (825) (579) (1,417)



OPERATING PROFIT 742 278 741

Finance costs (43) (3) (13)
Finance income 43 3 5



PROFIT BEFORE TAXATION 742 278 733

Taxation 3 (141) (30) (212)



PROFIT AFTER TAXATION 601 248 521


Attributable to:
Equity holders of the parent 5 601 248 521


Earnings per share

Basic 4 1.48p 1.02p 1.77p
Diluted 4 1.10p 0.80p 1.59p




Myhome International plc
Unaudited consolidated balance sheet as at 31 March 2007


As at As at As at
31 March 2007 31 March 30 September
2006 2006
Notes Unaudited Unaudited Audited
'000 '000 '000
ASSETS
NON-CURRENT ASSETS
Goodwill 4,378 615 4,375
Intangible assets 417 - 252
Property, plant & equipment 1,942 418 386
Investments 100 100 100

6,837 1,133 5,113
CURRENT ASSETS
Inventories 26 3 12
Trade and other receivables 2,426 1,381 1,861
Tax receivable - 213 -
Cash and cash equivalents 3,268 70 808

5,720 1,667 2,681
CURRENT LIABILITIES
Trade and other payables (925) (419) (1,518)
Financial liabilities
Interest bearing loans and borrowings (42) (131) (119)
Bank loan and overdraft - (143) -
Tax payable (160) (4) (4)

(1,127) (697) (1,641)


NET CURRENT ASSETS 4,593 970 1,040

NON-CURRENT LIABILITIES
Trade and other payables (375) - (375)
Financial liabilities
Interest bearing loans and borrowings (1,688) (33) (627)

(2,063) (33) (1,002)


NET ASSETS 9,367 2,070 5,151


SHAREHOLDERS' EQUITY


Called up share capital 2,312 1,214 1,731
Share premium 6,503 1,177 3,468
Profit and loss account 552 (321) (48)

Total shareholder's equity 5 9,367 2,070 5,151

TOTAL EQUITY 9,367 2,070 5,151





Myhome International plc
Unaudited consolidated cash flow statement for the six months
ended 31 March 2007


6 months 6 months Year
ended ended ended
31 March 2007 31 March 30 September
2006 2006
Notes Unaudited Unaudited Audited
'000 '000 '000

Cash flows from operating activities
Cash generated from operations 6 (56) (259) 1,289
Interest paid (43) - (14)
Interest received 43 - 5

Taxation received/(paid) 16 - 4

Net cash (outflow) / inflow from operating (40) (259) 1,284
activities


Cash flows from investing activities
Purchase of goodwill (5) (311) (4,070)
Deferred payment on acquisition of (375) - -
investment
Purchase of intangible fixed assets (165) - (252)
Purchase of tangible fixed assets (1,556) (253) (330)
Sale of tangible fixed assets - - 35

Net cash (outflow) from investing (2,101) (564) (4,617)
activities


Cash flows from financing activities
New loans in period 1,062 76 500
Loan repayments in year - - 2
Capital repayments in period (77) - 157
Share issue 4,156 306 3,114
AIM listing fees & related expenses (540) - -

Net cash inflow from financing activities 4,601 382 3,773


Increase/(decrease) in cash and cash 2,460 (441) 440
equivalents

Cash and cash equivalents at beginning of 808 368 368
period

Cash and cash equivalents at end of period 3,268 (73) 808





Myhome International plc
Notes to the unaudited interim results for the six months ended 31 March 2007



1. Basis of preparation



The above financial information does not constitute statutory accounts within
the meaning of section 240 of the Companies Act 1985. The figures for the year
30 September 2006 are based upon the latest statutory accounts, which have been
delivered to the Registrar of Companies; the report of the auditors on those
accounts was unqualified and did not contain a statement under Section 237(2) or
(3) of the Companies Act 1985. The six months figures use the same accounting
policies as for the year ended 30 September 2006. The six months figures have
not been audited or subject to review by the company's auditors.



2. Turnover



The turnover and profit for the period are attributable to the principal
activities of the group, which are carried on entirely within the United
Kingdom.



3. Taxation


Six months Six months Year
ended ended ended
31 March 31 March 30 September
2007 2006 2006
Unaudited Unaudited Audited

'000 '000 '000
Based on the result for the period:
UK Corporation tax at 30% (141) (30) -
(2005: 30%)

Total current tax (141) (30) -

Deferred taxation:
Origination and reversal of timing - - (212)
difference

Taxation payable (141) (30) (212)



4. Earnings per share


Six months Six months Year
ended ended ended
31 March 31 March 30 September
2007 2006 2006
Unaudited Unaudited Audited
'000 '000 '000

Profit after taxation 601 248 521


Weighted average number of shares in 40,497,373 24,281,680 29,453,970
issue

Weighted average number of shares in
issue after allowing for dilutive
potential ordinary shares 54,432,789 30,831,680 32,753,970



Earnings per share:

Basic 1.48p 1.02p 1.77p

Diluted 1.10p 0.80p 1.59p




5. Reconciliation of movements in equity shareholders' funds


Six months Six months Year
ended ended ended
31 March 31 March 30 September
2007 2006 2006
Unaudited Unaudited Audited
'000 '000 '000

Shares issued (net of issue costs) 3,615 307 3,115
Profit for the period 601 248 521

Total movements during the period 4,216 555 3,636
Opening equity shareholders' funds 5,151 1,515 1,515

Closing equity shareholders' funds 9,367 2,070 5,151







6. Notes to the consolidated cash flow statement



Reconciliation of operating profit to net cash inflow from operating activities


Six months Six months Year
ended ended ended
31 March 31 March 30 September
2007 2006 2006
Unaudited Unaudited Audited
'000 '000 '000

Operating profit 742 278 741
Depreciation 35 55 126
Loss on disposal of fixed assets - - 1
Increase in stocks (14) (3) (11)
Increase in debtors (565) (865) (1,345)
Increase in creditors (254) 276 1,777

Net cash inflow from operating activities (56) (259) 1,289





7. Post balance sheet events



The Company has acquired the entire share capital of Clean Team (Windows)
Limited. The total consideration, dependent on minimum performance criteria, is
GBP1.67m. The payment schedule for consideration is as follows: GBP170,000 cash
paid upon completion in April 2007, to be followed by deferred payments over a
period of three years, in cash or shares, of GBP1.5m dependant on contributing
minimum EBITDA of GBP1.25m.




NOTES TO EDITORS:

Myhome International plc is a multi-product multi-branded franchise operator,
specialising in the provision of premium residential services, with its
franchisee network fast approaching 400 outlets. Myhome currently provides five
key residential services: cleaning, garden maintenance, kitchen/bathroom
resurfacing, specialist oven cleaning and car valeting via the group's Myhome
Clean, Nicenstripy, Surface Doctor, Oven Clean and Autosheen brands
respectively. It also operates franchise education seminars via the Franchise
Alliance subsidiary.

Myhome Clean

After the acquisition of Unilever's residential cleaning division in 2001, the
Company accelerated the development of the business so that it could commence
franchising. In October 2003 the Company launched its franchise programme,
having targeted over 250 potential franchise areas. The Myhome service operates
a unique Tri-Colour System to ensure a predictable high quality service to its
customers. With over 60 franchisees, Myhome Clean is the flagship brand of the
Group. Myhome is a member of the British Franchise Association


www.myhomeplc.com


Nicenstripy

Myhome acquired Nicenstripy, a company which carries on a garden services
franchise operation, in two stages in November/December 2005 and April 2006. Now
based in Crawley, the lawn maintenance business carried out under the
Nicenstripy brand was originally formed in 1996. Currently, Nicenstripy's
franchise partners can offer a range of services to customers for all seasons
including grass cutting, lawn care, turfing, hedge cutting, maintenance, garden
tidyups and leaf clearance. Nicenstripy has created a strong corporate image,
including distinctive vehicle markings, uniforms, marketing approach,
advertising and stationery. Nicenstripy is now eligible for commercial contracts
as a result of it being awarded ISO9001 status in June 2006.


www.nicenstripy.com


Surface Doctor

Myhome purchased the master franchise rights for Surface Doctor in the UK and
Ireland from Miracle Method, Inc in February 2006. The business of Miracle
Method, Inc., which has developed the Surface Doctor brand, is established in
the US. The Surface Doctor system provides the franchisee with a process to
repair and refurbish kitchen surfaces and cabinets, bathrooms, tiles and other
surfaces, utilising a proprietary bonding agent to restore and re-colour
cabinets, worktops, baths, sinks and tiles. The process applies a highly durable
new surface to the old surface. For the end customer, the Surface Doctor
provides a durable refurbishment with a high quality appearance for
approximately one third of the cost of replacement and usually in only two days.


www.surfacedoctor.com


Ovenclean

Ovenclean operates a Buckinghamshire-based franchise business that was
established in 1994 to clean ovens, hobs, ranges, microwave ovens, barbeques and
AGAs in residential homes. Since then Ovenclean has built a large customer base
across its network. Ovenclean was acquired in June 2006, and has grown to
provide a network over 200 operatives, with a large customer database.


www.ovenclean.com


Autosheen

Autosheen was acquired in August 2006 and operates an established franchise
brand providing a national car valeting network. Autosheen is considered by the
Directors to be a leading car valeting service provider, with 16 operatives in
the. The car valeting provided involves a number of Autosheen branded products
to treat paintwork, leather, vinyl, glass and upholstery. The specialist
products are used to protect the interior, protect the paint, give the vehicle a
'showroom' freshness, and provide an eco-friendly waterless valet solution. In
addition to the franchisees' own marketing efforts, Autosheen has also secured
contracts to provide valeting solutions to some of the UK's major vehicle
fleets, helped by its own recent ISO recognition.



Franchise Alliance

Franchise Alliance Limited is an educational organisation sponsored by Natwest,
which provides informational seminars for potential franchisees. Together with
speakers from the legal and banking sectors, a select group of franchisors are
able to present to the audience, providing access to potential franchise
recruits.


www.myfranchise.net





This information is provided by RNS
The company news service from the London Stock Exchange BE





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2006 MoneyAM

chad - 16 May 2007 09:55 - 325 of 459

What's your thoughts on the results GF? More or less what u expected?

goldfinger - 16 May 2007 10:34 - 326 of 459

Yep chad steady away, strong results.

I notice at first glance theres something to do with Window cleaning.

Market likes the figures, sps moved up.

goldfinger - 16 May 2007 13:08 - 327 of 459

Steaming at the moment.
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