m.m. enterprises limited

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m.m. enterprises limited Company Information

Share M.M. ENTERPRISES LIMITED

Company Number

00404158

Directors

Martin Miles

Shareholders

martin george miles

helen angela miles

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Group Structure

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Industry

Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

 

Registered Address

the knollgate, school hill, boxford, suffolk, CO10 5JT

m.m. enterprises limited Estimated Valuation

£993.6k

Pomanda estimates the enterprise value of M.M. ENTERPRISES LIMITED at £993.6k based on a Turnover of £2.4m and 0.41x industry multiple (adjusted for size and gross margin).

m.m. enterprises limited Estimated Valuation

£0

Pomanda estimates the enterprise value of M.M. ENTERPRISES LIMITED at £0 based on an EBITDA of £-169.6k and a 3.41x industry multiple (adjusted for size and gross margin).

m.m. enterprises limited Estimated Valuation

£9m

Pomanda estimates the enterprise value of M.M. ENTERPRISES LIMITED at £9m based on Net Assets of £3.5m and 2.57x industry multiple (adjusted for liquidity).

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M.m. Enterprises Limited Overview

M.m. Enterprises Limited is a live company located in boxford, CO10 5JT with a Companies House number of 00404158. It operates in the other engineering activities sector, SIC Code 71129. Founded in February 1946, it's largest shareholder is martin george miles with a 49.8% stake. M.m. Enterprises Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.4m with declining growth in recent years.

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M.m. Enterprises Limited Health Check

Pomanda's financial health check has awarded M.M. Enterprises Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £2.4m, make it smaller than the average company (£3.2m)

£2.4m - M.m. Enterprises Limited

£3.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (9.9%)

-19% - M.m. Enterprises Limited

9.9% - Industry AVG

production

Production

with a gross margin of 20.5%, this company has a higher cost of product (34.5%)

20.5% - M.m. Enterprises Limited

34.5% - Industry AVG

profitability

Profitability

an operating margin of -7.1% make it less profitable than the average company (6.3%)

-7.1% - M.m. Enterprises Limited

6.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (25)

1 - M.m. Enterprises Limited

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £54k, the company has an equivalent pay structure (£54k)

£54k - M.m. Enterprises Limited

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.4m, this is more efficient (£130.2k)

£2.4m - M.m. Enterprises Limited

£130.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 230 days, this is later than average (69 days)

230 days - M.m. Enterprises Limited

69 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (27 days)

2 days - M.m. Enterprises Limited

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - M.m. Enterprises Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - M.m. Enterprises Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.4%, this is a lower level of debt than the average (56.2%)

0.4% - M.m. Enterprises Limited

56.2% - Industry AVG

M.M. ENTERPRISES LIMITED financials

EXPORTms excel logo

M.M. Enterprises Limited's latest turnover from March 2024 is estimated at £2.4 million and the company has net assets of £3.5 million. According to their latest financial statements, M.M. Enterprises Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover2,395,3322,540,2162,956,1144,564,7584,717,9328,606,48183,16996,14459,899913,979890,402822,519721,377604,694144,377
Other Income Or Grants000000000000000
Cost Of Sales1,905,2752,042,6052,440,3083,767,6303,925,9606,898,10268,08877,10647,658722,759707,040647,938559,340457,348111,419
Gross Profit490,057497,611515,806797,129791,9721,708,37915,08119,03712,241191,220183,361174,581162,037147,34532,958
Admin Expenses659,621719,6321,511,602944,646927,057-3,829,792-2,015-31,892-22,972159,188213,067240,727340,773147,641-50,440
Operating Profit-169,564-222,021-995,796-147,517-135,0855,538,17117,09650,92935,21332,032-29,706-66,146-178,736-29683,398
Interest Payable000000000000000
Interest Receivable000003,5153,3209439681151955131,2691,8560
Pre-Tax Profit-169,564-222,021-995,796-147,517-135,0855,541,68620,41651,87336,18132,147-29,511-65,633-177,4671,56083,398
Tax00000-1,052,920-3,879-10,374-7,236-6,751000-437-11,303
Profit After Tax-169,564-222,021-995,796-147,517-135,0854,488,76616,53741,49828,94525,396-29,511-65,633-177,4671,12372,095
Dividends Paid0000000000000058,535
Retained Profit-169,564-222,021-995,796-147,517-135,0854,488,76616,53741,49828,94525,396-29,511-65,633-177,4671,12313,560
Employee Costs53,98851,42049,72246,42146,42194,58991,83191,06845,752184,373180,218170,286165,437157,29222,364
Number Of Employees111112221444443
EBITDA*-169,564-222,021-995,796-147,517-135,0855,538,17138,80650,92947,00141,066-23,252-58,366-171,1049,34594,503

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets2,016,4682,018,6252,020,4152,023,4392,025,52566,48733,40939,97029,09326,15919,11327,28022,89728,91433,316
Intangible Assets00000067,83100000000
Investments & Other0000006,548,816416,2361,767,5001,767,5001,767,5001,767,5001,767,5001,767,5001,767,500
Debtors (Due After 1 year)000000000000000
Total Fixed Assets2,016,4682,018,6252,020,4152,023,4392,025,52566,4876,650,056456,2061,796,5931,793,6591,786,6131,794,7801,790,3971,796,4141,800,816
Stock & work in progress000000000000000
Trade Debtors1,512,3731,680,3771,905,1342,889,3093,038,2485,368,78612,28211,4345,480326,002314,201294,511267,955233,760220,870
Group Debtors0000002162160000000
Misc Debtors00000070,74223,6700000000
Cash000000937,385390,532364,13722,99623,03955,156149,956357,654384,768
misc current assets000000000000000
total current assets1,512,3731,680,3771,905,1342,889,3093,038,2485,368,7861,020,625425,852369,617348,998337,240349,667417,911591,414605,638
total assets3,528,8413,699,0023,925,5494,912,7485,063,7735,435,2737,670,681882,0582,166,2102,142,6572,123,8532,144,4472,208,3082,387,8282,406,454
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 13,50514,10218,62810,03113,539249,95423,18837,37632,42837,82044,41235,49533,72335,14051,090
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000674,36020,6660000000
total current liabilities13,50514,10218,62810,03113,539249,954697,54858,04232,42837,82044,41235,49533,72335,14051,090
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000000000006364,435
provisions000000615,00000000000
total long term liabilities000000615,0000000006364,435
total liabilities13,50514,10218,62810,03113,539249,9541,312,54858,04232,42837,82044,41235,49533,72335,77655,525
net assets3,515,3363,684,9003,906,9214,902,7175,050,2345,185,3196,358,133824,0162,133,7822,104,8372,079,4412,108,9522,174,5852,352,0522,350,929
total shareholders funds3,515,3363,684,9003,906,9214,902,7175,050,2345,185,3196,358,133824,0162,133,7822,104,8372,079,4412,108,9522,174,5852,352,0522,350,929
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-169,564-222,021-995,796-147,517-135,0855,538,17117,09650,92935,21332,032-29,706-66,146-178,736-29683,398
Depreciation00000014,173011,7889,0346,4547,7807,6329,64111,105
Amortisation0000007,53700000000
Tax00000-1,052,920-3,879-10,374-7,236-6,751000-437-11,303
Stock000000000000000
Debtors-168,004-224,757-984,175-148,939-2,330,5385,285,54647,92029,840-320,52211,80119,69026,55634,19512,890220,870
Creditors-597-4,5268,597-3,508-236,415226,766-14,1884,948-5,392-6,5928,9171,772-1,417-15,95051,090
Accruals and Deferred Income00000-674,360653,69420,6660000000
Deferred Taxes & Provisions00000-615,000615,00000000000
Cash flow from operations-2,157-1,790-3,024-2,0861,959,038-1,862,8891,241,51336,329354,89515,922-34,025-83,150-206,716-19,932-86,580
Investing Activities
capital expenditure2,1571,7903,0242,086-1,959,03834,753-82,980-10,877-14,722-16,0801,713-12,163-1,615-5,239-44,421
Change in Investments00000-6,548,8166,132,580-1,351,2640000001,767,500
cash flow from investments2,1571,7903,0242,086-1,959,0386,583,569-6,215,5601,340,387-14,722-16,0801,713-12,163-1,615-5,239-1,811,921
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000-636-3,7994,435
share issue00000-5,661,5805,517,580-1,351,2640000002,337,369
interest000003,5153,3209439681151955131,2691,8560
cash flow from financing00000-5,658,0655,520,900-1,350,321968115195513633-1,9432,341,804
cash and cash equivalents
cash00000-937,385546,85326,395341,141-43-32,117-94,800-207,698-27,114384,768
overdraft000000000000000
change in cash00000-937,385546,85326,395341,141-43-32,117-94,800-207,698-27,114384,768

m.m. enterprises 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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M.m. Enterprises Limited Competitor Analysis

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Perform a competitor analysis for m.m. enterprises limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in CO10 area or any other competitors across 12 key performance metrics.

m.m. enterprises limited Ownership

M.M. ENTERPRISES LIMITED group structure

M.M. Enterprises Limited has 1 subsidiary company.

Ultimate parent company

M.M. ENTERPRISES LIMITED

00404158

1 subsidiary

M.M. ENTERPRISES LIMITED Shareholders

martin george miles 49.79%
helen angela miles 26.1%
laura abigail dunley 7.27%
thomas clayton miles 7.27%
catherine emma morris 7.27%
michael albert pointer 0.7%
eva rose dunley 0.23%
nina michelle miles 0.23%
harry alexander miles 0.23%
louis george 0.23%

m.m. enterprises limited directors

M.M. Enterprises Limited currently has 1 director, Mr Martin Miles serving since Jan 1992.

officercountryagestartendrole
Mr Martin Miles81 years Jan 1992- Director

P&L

March 2024

turnover

2.4m

-6%

operating profit

-169.6k

0%

gross margin

20.5%

+4.44%

turnover

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

Balance Sheet

March 2024

net assets

3.5m

-0.05%

total assets

3.5m

-0.05%

cash

0

0%

net assets

Total assets minus all liabilities

m.m. enterprises limited company details

company number

00404158

Type

Private limited with Share Capital

industry

71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

incorporation date

February 1946

age

79

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

burdon & miles limited (April 1988)

accountant

-

auditor

-

address

the knollgate, school hill, boxford, suffolk, CO10 5JT

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

m.m. enterprises 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 did not find charges/mortgages relating to m.m. enterprises limited.

m.m. enterprises limited 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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m.m. enterprises limited Companies House Filings - See Documents

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