mitchell & wright (printers) limited

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mitchell & wright (printers) limited Company Information

Share MITCHELL & WRIGHT (PRINTERS) LIMITED
Dissolved 

Company Number

00330833

Registered Address

2-3 winckley court, chapel street, preston, PR1 8BU

Industry

Printing (other than printing of newspapers and printing on labels and tags) n.e.c.

 

Telephone

01704535529

Next Accounts Due

April 2024

Group Structure

View All

Directors

Graham Byrne22 Years

Shareholders

agb (uk) ltd 100%

mitchell & wright (printers) limited Estimated Valuation

£580.3k

Pomanda estimates the enterprise value of MITCHELL & WRIGHT (PRINTERS) LIMITED at £580.3k based on a Turnover of £1.8m and 0.32x industry multiple (adjusted for size and gross margin).

mitchell & wright (printers) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MITCHELL & WRIGHT (PRINTERS) LIMITED at £0 based on an EBITDA of £-20.4k and a 2.57x industry multiple (adjusted for size and gross margin).

mitchell & wright (printers) limited Estimated Valuation

£775.6k

Pomanda estimates the enterprise value of MITCHELL & WRIGHT (PRINTERS) LIMITED at £775.6k based on Net Assets of £400.8k and 1.94x industry multiple (adjusted for liquidity).

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Mitchell & Wright (printers) Limited Overview

Mitchell & Wright (printers) Limited is a dissolved company that was located in preston, PR1 8BU with a Companies House number of 00330833. It operated in the printing n.e.c. sector, SIC Code 18129. Founded in August 1937, it's largest shareholder was agb (uk) ltd with a 100% stake. The last turnover for Mitchell & Wright (printers) Limited was estimated at £1.8m.

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Mitchell & Wright (printers) Limited Health Check

Pomanda's financial health check has awarded Mitchell & Wright (Printers) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £1.8m, make it smaller than the average company (£7.1m)

£1.8m - Mitchell & Wright (printers) Limited

£7.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (2.9%)

-5% - Mitchell & Wright (printers) Limited

2.9% - Industry AVG

production

Production

with a gross margin of 25%, this company has a higher cost of product (32.4%)

25% - Mitchell & Wright (printers) Limited

32.4% - Industry AVG

profitability

Profitability

an operating margin of -1.2% make it less profitable than the average company (4.3%)

-1.2% - Mitchell & Wright (printers) Limited

4.3% - Industry AVG

employees

Employees

with 18 employees, this is below the industry average (82)

18 - Mitchell & Wright (printers) Limited

82 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)

£32.3k - Mitchell & Wright (printers) Limited

£32.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £100.3k, this is equally as efficient (£109.1k)

£100.3k - Mitchell & Wright (printers) Limited

£109.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 137 days, this is later than average (60 days)

137 days - Mitchell & Wright (printers) Limited

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 111 days, this is slower than average (64 days)

111 days - Mitchell & Wright (printers) Limited

64 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is less than average (22 days)

3 days - Mitchell & Wright (printers) Limited

22 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)

0 weeks - Mitchell & Wright (printers) Limited

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54.7%, this is a lower level of debt than the average (64.8%)

54.7% - Mitchell & Wright (printers) Limited

64.8% - Industry AVG

mitchell & wright (printers) limited 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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Mitchell & Wright (printers) Limited Competitor Analysis

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Perform a competitor analysis for mitchell & wright (printers) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

mitchell & wright (printers) limited Ownership

MITCHELL & WRIGHT (PRINTERS) LIMITED group structure

Mitchell & Wright (Printers) Limited has no subsidiary companies.

Ultimate parent company

1 parent

MITCHELL & WRIGHT (PRINTERS) LIMITED

00330833

MITCHELL & WRIGHT (PRINTERS) LIMITED Shareholders

agb (uk) ltd 100%

mitchell & wright (printers) limited directors

Mitchell & Wright (Printers) Limited currently has 1 director, Mr Graham Byrne serving since Jun 2001.

officercountryagestartendrole
Mr Graham ByrneEngland54 years Jun 2001- Director

MITCHELL & WRIGHT (PRINTERS) LIMITED financials

EXPORTms excel logo

Mitchell & Wright (Printers) Limited's latest turnover from May 2018 is estimated at £1.8 million and the company has net assets of £400.8 thousand. According to their latest financial statements, Mitchell & Wright (Printers) Limited has 18 employees and maintains cash reserves of £50 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2018May 2017May 2016May 2015May 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,804,9272,004,1262,110,0922,138,6742,334,1022,516,8192,497,2152,332,8312,333,180
Other Income Or Grants000000000
Cost Of Sales1,353,9321,482,7581,567,8591,610,7061,760,2471,874,1081,803,2871,684,9371,731,604
Gross Profit450,995521,368542,233527,968573,854642,712693,928647,893601,575
Admin Expenses473,079518,715520,537505,723597,129663,155681,939684,84411,119
Operating Profit-22,0842,65321,69622,245-23,275-20,44311,989-36,951590,456
Interest Payable000000000
Interest Receivable00144432713317164
Pre-Tax Profit-22,0842,65321,69822,289-23,232-20,41612,122-36,780590,519
Tax0-504-4,339-4,45800-3,1520-165,345
Profit After Tax-22,0842,14917,35817,831-23,232-20,4168,970-36,780425,174
Dividends Paid000000000
Retained Profit-22,0842,14917,35817,831-23,232-20,4168,970-36,780425,174
Employee Costs580,839644,011689,144421,183476,229521,792512,595531,706554,374
Number Of Employees182021131517171718
EBITDA*-20,3723,52922,86456,24233,60935,92571,62554,918659,612

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2018May 2017May 2016May 2015May 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets187,698182,528183,754158,680192,677342,349397,487436,482489,782
Intangible Assets000000000
Investments & Other250250250250250250250250250
Debtors (Due After 1 year)000000000
Total Fixed Assets187,948182,778184,004158,930192,927342,599397,737436,732490,032
Stock & work in progress14,52021,33421,35219,23520,64331,25739,39023,33324,979
Trade Debtors681,555719,973738,758730,761736,545797,938797,787785,871751,869
Group Debtors000000000
Misc Debtors000000000
Cash509319529317,11227710,34142,71625,502
misc current assets000000000
total current assets696,125741,400760,305750,289774,300829,472847,518851,920802,350
total assets884,073924,178944,309909,219967,2271,172,0711,245,2551,288,6521,292,382
Bank overdraft000000000
Bank loan000000000
Trade Creditors 413,513467,595489,396502,640546,771592,199660,222616,451658,634
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities000000000
total current liabilities413,513467,595489,396502,640546,771592,199660,222616,451658,634
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities36,3001,3001,3001,30028,709149,030127,869220,044126,786
provisions33,45232,39132,87031,73236,03151,89457,80061,76379,788
total long term liabilities69,75233,69134,17033,03264,740200,924185,669281,807206,574
total liabilities483,265501,286523,566535,672611,511793,123845,891898,258865,208
net assets400,808422,892420,743373,547355,716378,948399,364390,394427,174
total shareholders funds400,808422,892420,743373,547355,716378,948399,364390,394427,174
May 2018May 2017May 2016May 2015May 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-22,0842,65321,69622,245-23,275-20,44311,989-36,951590,456
Depreciation1,7128761,16833,99756,88456,36859,63691,86969,156
Amortisation000000000
Tax0-504-4,339-4,45800-3,1520-165,345
Stock-6,814-182,117-1,408-10,614-8,13316,057-1,64624,979
Debtors-38,418-18,7857,997-5,784-61,39315111,91634,002751,869
Creditors-54,082-21,801-13,244-44,131-45,428-68,02343,771-42,183658,634
Accruals and Deferred Income000000000
Deferred Taxes & Provisions1,061-4791,138-4,299-15,863-5,906-3,963-18,02579,788
Cash flow from operations-28,161-452-3,69510,54644,325-30,02280,308-37,646455,841
Investing Activities
capital expenditure-6,882350-26,242092,788-1,230-20,641-38,569-558,938
Change in Investments00000000250
cash flow from investments-6,882350-26,242092,788-1,230-20,641-38,569-559,188
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities35,00000-27,409-120,32121,161-92,17593,258126,786
share issue0029,838000002,000
interest00144432713317164
cash flow from financing35,000029,839-27,365-120,27821,188-92,04293,429128,850
cash and cash equivalents
cash-43-102-98-16,81916,835-10,064-32,37517,21425,502
overdraft000000000
change in cash-43-102-98-16,81916,835-10,064-32,37517,21425,502

P&L

May 2018

turnover

1.8m

-10%

operating profit

-22.1k

0%

gross margin

25%

-3.95%

turnover

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

Balance Sheet

May 2018

net assets

400.8k

-0.05%

total assets

884.1k

-0.04%

cash

50

-0.46%

net assets

Total assets minus all liabilities

mitchell & wright (printers) limited company details

company number

00330833

Type

Private limited with Share Capital

industry

18129 - Printing (other than printing of newspapers and printing on labels and tags) n.e.c.

incorporation date

August 1937

age

87

accounts

Unaudited Abridged

ultimate parent company

previous names

mitchell & wright (office equipment) limited (December 1978)

incorporated

UK

address

2-3 winckley court, chapel street, preston, PR1 8BU

last accounts submitted

May 2018

mitchell & wright (printers) 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 12 charges/mortgages relating to mitchell & wright (printers) limited. Currently there are 4 open charges and 8 have been satisfied in the past.

charges

mitchell & wright (printers) limited Companies House Filings - See Documents

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