meritor aftermarket uk limited
meritor aftermarket uk limited Company Information
Company Number
00092428
Website
www.arvinmeritor.comRegistered Address
none, grange road, cwmbran, gwent, NP44 3XU
Industry
Manufacture of other parts and accessories for motor vehicles
Telephone
01633834040
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
meritor heavy vehicle systems ltd 100%
meritor aftermarket uk limited Estimated Valuation
Pomanda estimates the enterprise value of MERITOR AFTERMARKET UK LIMITED at £64k based on a Turnover of £200.1k and 0.32x industry multiple (adjusted for size and gross margin).
meritor aftermarket uk limited Estimated Valuation
Pomanda estimates the enterprise value of MERITOR AFTERMARKET UK LIMITED at £396.9k based on an EBITDA of £127.5k and a 3.11x industry multiple (adjusted for size and gross margin).
meritor aftermarket uk limited Estimated Valuation
Pomanda estimates the enterprise value of MERITOR AFTERMARKET UK LIMITED at £1.8m based on Net Assets of £943.9k and 1.86x industry multiple (adjusted for liquidity).
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Meritor Aftermarket Uk Limited Overview
Meritor Aftermarket Uk Limited is a live company located in gwent, NP44 3XU with a Companies House number of 00092428. It operates in the manufacture of other parts and accessories for motor vehicles sector, SIC Code 29320. Founded in March 1907, it's largest shareholder is meritor heavy vehicle systems ltd with a 100% stake. Meritor Aftermarket Uk Limited is a mature, micro sized company, Pomanda has estimated its turnover at £200.1k with declining growth in recent years.
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Meritor Aftermarket Uk Limited Health Check
Pomanda's financial health check has awarded Meritor Aftermarket Uk Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
4 Weak
Size
annual sales of £200.1k, make it smaller than the average company (£26.6m)
£200.1k - Meritor Aftermarket Uk Limited
£26.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -69%, show it is growing at a slower rate (3.6%)
-69% - Meritor Aftermarket Uk Limited
3.6% - Industry AVG
Production
with a gross margin of 31.2%, this company has a lower cost of product (21.1%)
31.2% - Meritor Aftermarket Uk Limited
21.1% - Industry AVG
Profitability
an operating margin of 63.7% make it more profitable than the average company (3.3%)
63.7% - Meritor Aftermarket Uk Limited
3.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (121)
1 - Meritor Aftermarket Uk Limited
121 - Industry AVG
Pay Structure
on an average salary of £92.9k, the company has a higher pay structure (£40.9k)
£92.9k - Meritor Aftermarket Uk Limited
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £200.1k, this is equally as efficient (£186.4k)
£200.1k - Meritor Aftermarket Uk Limited
£186.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Meritor Aftermarket Uk Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Meritor Aftermarket Uk Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Meritor Aftermarket Uk Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Meritor Aftermarket Uk Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.5%, this is a lower level of debt than the average (58.3%)
13.5% - Meritor Aftermarket Uk Limited
58.3% - Industry AVG
MERITOR AFTERMARKET UK LIMITED financials
Meritor Aftermarket Uk Limited's latest turnover from December 2023 is £200.1 thousand and the company has net assets of £943.9 thousand. According to their latest financial statements, Meritor Aftermarket Uk Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Oct 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Oct 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 200,101 | 4,730,665 | 8,179,315 | 6,868,113 | 7,474,341 | 9,536,925 | 11,128,421 | 11,974,110 | 13,641,000 | 16,048,000 | 14,958,000 | 17,264,000 | 21,619,000 | 23,147,000 | 21,581,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 137,622 | 4,537,318 | 7,868,697 | 6,603,822 | 7,102,292 | 9,128,077 | 10,630,057 | 11,019,855 | 13,096,000 | 15,422,000 | 14,356,000 | 16,592,000 | 20,754,000 | 22,238,000 | 20,620,000 |
| Gross Profit | 62,479 | 193,347 | 310,618 | 264,291 | 372,049 | 408,848 | 498,365 | 954,255 | 545,000 | 626,000 | 602,000 | 672,000 | 865,000 | 909,000 | 961,000 |
| Admin Expenses | -65,012 | 34,617 | 151,437 | 124,828 | 587,000 | 673,000 | -126,000 | 842,000 | 442,000 | 542,000 | 27,000 | ||||
| Operating Profit | 127,491 | 158,730 | 159,181 | 139,463 | -42,000 | -47,000 | 728,000 | -170,000 | 423,000 | 367,000 | 934,000 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 23,640 | 844 | 4,302 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 151,131 | 159,574 | 163,483 | 139,463 | 147,109 | 191,083 | 223,791 | 333,246 | -42,000 | -47,000 | 728,000 | -170,000 | 423,000 | 367,000 | 934,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 151,131 | 159,574 | 163,483 | 139,463 | 147,109 | 191,083 | 223,791 | 333,246 | -42,000 | -47,000 | 728,000 | -170,000 | 423,000 | 367,000 | 934,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 9,804,140 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 151,131 | 159,574 | 163,483 | 139,463 | -9,657,030 | 191,083 | 223,791 | 333,246 | -42,000 | -47,000 | 728,000 | -170,000 | 423,000 | 367,000 | 934,000 |
| Employee Costs | 92,874 | 110,605 | 89,485 | 84,366 | 157,373 | 180,754 | 186,779 | 327,123 | 220,000 | 173,000 | 186,000 | 353,000 | 318,000 | 404,000 | 192,000 |
| Number Of Employees | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 5 | 5 | 4 | 4 |
| EBITDA* | 127,491 | 158,730 | 159,181 | 139,463 | -42,000 | -47,000 | 728,000 | -170,000 | 423,000 | 367,000 | 934,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Oct 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Oct 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 12,665 | 1,695,922 | 1,410,985 | 1,778,994 | 2,322,259 | 3,282,837 | 2,128,925 | 2,538,000 | 3,019,000 | 3,552,000 | 3,262,000 | 3,535,000 | 3,980,000 | 4,300,000 |
| Group Debtors | 1,091,691 | 918,608 | 20,650 | 2,582 | 65,001 | 8,938,715 | 8,811,327 | 9,242,543 | 5,942,000 | 5,779,000 | 5,557,000 | 5,034,000 | 5,335,000 | 4,498,000 | 3,434,000 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 31,847 | 0 | 52,000 | 128,000 | 52,000 | 84,000 | 236,000 | 101,000 | 84,000 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,091,692 | 931,273 | 1,716,572 | 1,413,567 | 1,843,996 | 11,260,974 | 12,126,011 | 11,371,469 | 8,532,000 | 8,926,000 | 9,161,000 | 8,380,000 | 9,106,000 | 8,579,000 | 7,818,000 |
| total assets | 1,091,692 | 931,273 | 1,716,572 | 1,413,567 | 1,843,996 | 11,260,974 | 12,126,011 | 11,371,469 | 8,532,000 | 8,926,000 | 9,161,000 | 8,380,000 | 9,106,000 | 8,579,000 | 7,818,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | 5,000 | 3,000 |
| Group/Directors Accounts | 117,359 | 108,916 | 524,006 | 525,999 | 990,421 | 142,021 | 1,049,234 | 307,881 | 0 | 100,000 | 33,000 | 73,000 | 107,000 | 41,000 | 195,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 30,395 | 29,550 | 547,237 | 405,475 | 513,171 | 1,057,841 | 1,206,748 | 1,261,261 | 546,000 | 798,000 | 1,053,000 | 959,000 | 1,482,000 | 1,439,000 | 893,000 |
| total current liabilities | 147,754 | 138,467 | 1,071,244 | 931,474 | 1,503,592 | 1,199,862 | 2,255,982 | 1,569,142 | 546,000 | 898,000 | 1,086,000 | 1,033,000 | 1,589,000 | 1,485,000 | 1,091,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 147,754 | 138,467 | 1,071,244 | 931,474 | 1,503,592 | 1,199,862 | 2,255,982 | 1,569,142 | 546,000 | 898,000 | 1,086,000 | 1,033,000 | 1,589,000 | 1,485,000 | 1,091,000 |
| net assets | 943,938 | 792,806 | 645,328 | 482,094 | 340,404 | 10,061,112 | 9,870,029 | 9,802,327 | 7,986,000 | 8,028,000 | 8,075,000 | 7,347,000 | 7,517,000 | 7,094,000 | 6,727,000 |
| total shareholders funds | 943,938 | 792,806 | 645,328 | 482,094 | 340,404 | 10,061,112 | 9,870,029 | 9,802,327 | 7,986,000 | 8,028,000 | 8,075,000 | 7,347,000 | 7,517,000 | 7,094,000 | 6,727,000 |
| Dec 2023 | Dec 2022 | Oct 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Oct 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 127,491 | 158,730 | 159,181 | 139,463 | -42,000 | -47,000 | 728,000 | -170,000 | 423,000 | 367,000 | 934,000 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 160,418 | -785,299 | 303,005 | -430,428 | -9,416,979 | -865,037 | 754,543 | 2,839,468 | -394,000 | -235,000 | 781,000 | -726,000 | 527,000 | 761,000 | 7,818,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,000 | 1,000 | -5,000 | 2,000 | 3,000 |
| Accruals and Deferred Income | 845 | -517,687 | 141,762 | -107,696 | -544,670 | -148,907 | -54,513 | 715,261 | -252,000 | -255,000 | 94,000 | -523,000 | 43,000 | 546,000 | 893,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -32,082 | 426,342 | -2,062 | 462,195 | 100,000 | -67,000 | 40,000 | 34,000 | -66,000 | 154,000 | -5,988,000 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 8,443 | -415,090 | -1,992 | -464,422 | 848,400 | -907,213 | 741,353 | 307,881 | -100,000 | 67,000 | -40,000 | -34,000 | 66,000 | -154,000 | 195,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 23,640 | 844 | 4,302 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 32,083 | -426,341 | 2,061 | -462,195 | 784,722 | -907,213 | 585,265 | 1,790,962 | -100,000 | 67,000 | -40,000 | -34,000 | 66,000 | -154,000 | 5,988,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
meritor aftermarket uk limited Credit Report and Business Information
Meritor Aftermarket Uk Limited Competitor Analysis
Perform a competitor analysis for meritor aftermarket uk limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in NP44 area or any other competitors across 12 key performance metrics.
meritor aftermarket uk limited Ownership
MERITOR AFTERMARKET UK LIMITED group structure
Meritor Aftermarket Uk Limited has no subsidiary companies.
Ultimate parent company
MERITOR INC
#0021270
2 parents
MERITOR AFTERMARKET UK LIMITED
00092428
meritor aftermarket uk limited directors
Meritor Aftermarket Uk Limited currently has 4 directors. The longest serving directors include Mr Huw James (Jun 2016) and Mr Edward Smith (Aug 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Huw James | United Kingdom | 44 years | Jun 2016 | - | Director |
| Mr Edward Smith | 47 years | Aug 2024 | - | Director | |
| Ms Melanie Eyles | 59 years | Aug 2024 | - | Director | |
| Mr Amerigo Holthouse | United Kingdom | 43 years | Aug 2024 | - | Director |
P&L
December 2023turnover
200.1k
-96%
operating profit
127.5k
-20%
gross margin
31.3%
+663.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
943.9k
+0.19%
total assets
1.1m
+0.17%
cash
0
0%
net assets
Total assets minus all liabilities
meritor aftermarket uk limited company details
company number
00092428
Type
Private limited with Share Capital
industry
29320 - Manufacture of other parts and accessories for motor vehicles
incorporation date
March 1907
age
117
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
arvinmeritor cv aftermarket limited (May 2011)
meritor maudslay limited (September 2000)
See moreaccountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
none, grange road, cwmbran, gwent, NP44 3XU
Bank
-
Legal Advisor
-
meritor aftermarket uk 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 found 7 charges/mortgages relating to meritor aftermarket uk limited. Currently there are 7 open charges and 0 have been satisfied in the past.
meritor aftermarket uk limited Companies House Filings - See Documents
| date | description | view/download |
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