Pomanda estimates the enterprise value of MITCHAMS CONTRACTS(BURWELL)LIMITED at £1.7m based on a Turnover of £446.5k and 3.92x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MITCHAMS CONTRACTS(BURWELL)LIMITED at £250k based on an EBITDA of £36.1k and a 6.93x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MITCHAMS CONTRACTS(BURWELL)LIMITED at £7.8m based on Net Assets of £4.5m and 1.74x industry multiple (adjusted for liquidity).
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Mitchams Contracts(burwell)limitedOverview
Mitchams Contracts(burwell)limited is a live company located in burwell, CB25 0DB with a Companies House number of 00839326. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in March 1965, it's largest shareholder is
m.m. mitcham
with a 47.2% stake. Mitchams Contracts(burwell)limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£446.5k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Mitchams Contracts(Burwell)Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £446.5k, make it smaller than the average company (£1.3m)
£446.5k - Mitchams Contracts(burwell)limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 143%, show it is growing at a faster rate (6.7%)
143% - Mitchams Contracts(burwell)limited
6.7% - Industry AVG
Production
with a gross margin of 62.2%, this company has a comparable cost of product (62.2%)
62.2% - Mitchams Contracts(burwell)limited
62.2% - Industry AVG
Profitability
an operating margin of 6.1% make it less profitable than the average company (16.5%)
6.1% - Mitchams Contracts(burwell)limited
16.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Mitchams Contracts(burwell)limited
5 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)
£33.6k - Mitchams Contracts(burwell)limited
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £223.2k, this is more efficient (£168.1k)
£223.2k - Mitchams Contracts(burwell)limited
£168.1k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is later than average (18 days)
27 days - Mitchams Contracts(burwell)limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (39 days)
0 days - Mitchams Contracts(burwell)limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mitchams Contracts(burwell)limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 12 weeks, this is less cash available to meet short term requirements (18 weeks)
12 weeks - Mitchams Contracts(burwell)limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4%, this is a lower level of debt than the average (71.7%)
4% - Mitchams Contracts(burwell)limited
71.7% - Industry AVG
MITCHAMS CONTRACTS(BURWELL)LIMITED financials
EXPORT
Mitchams Contracts(Burwell)Limited's latest turnover from May 2024 is estimated at £446.5 thousand and the company has net assets of £4.5 million. According to their latest financial statements, Mitchams Contracts(Burwell)Limited has 2 employees and maintains cash reserves of £25.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
446,476
565,880
141,462
30,996
261,932
204,947
285,230
283,035
12,785,093
12,352,723
15,050,056
12,047,910
13,117,882
5,191,168
4,366,149
Other Income Or Grants
Cost Of Sales
168,822
178,171
44,136
9,701
72,708
57,623
69,700
65,233
3,405,633
4,344,825
5,681,071
4,273,556
3,888,842
1,446,745
1,327,861
Gross Profit
277,654
387,709
97,326
21,294
189,224
147,324
215,529
217,801
9,379,460
8,007,898
9,368,986
7,774,354
9,229,040
3,744,423
3,038,289
Admin Expenses
250,297
271,761
18,289
-100,940
178,966
304,801
57,285
-343,752
8,525,813
7,870,307
9,204,701
7,675,699
9,153,372
3,659,141
-576,059
Operating Profit
27,357
115,948
79,037
122,234
10,258
-157,477
158,244
561,553
853,647
137,591
164,285
98,655
75,668
85,282
3,614,348
Interest Payable
Interest Receivable
2,124
10,609
3,970
306
258
3,455
3,662
1,740
2,652
2,207
1,449
807
2,022
3,476
1,782
Pre-Tax Profit
29,481
126,557
83,006
122,540
10,516
-154,022
161,906
563,293
856,299
139,798
165,734
99,461
77,691
88,758
3,616,129
Tax
-7,370
-31,639
-15,771
-23,283
-1,998
-30,762
-107,026
-171,260
-27,959
-34,804
-22,876
-18,646
-23,077
-1,012,516
Profit After Tax
22,111
94,918
67,235
99,257
8,518
-154,022
131,144
456,267
685,039
111,838
130,930
76,585
59,045
65,681
2,603,613
Dividends Paid
Retained Profit
22,111
94,918
67,235
99,257
8,518
-154,022
131,144
456,267
685,039
111,838
130,930
76,585
59,045
65,681
2,603,613
Employee Costs
67,140
67,189
32,887
34,135
64,076
90,101
81,917
80,243
2,087,707
2,077,187
2,805,000
2,190,036
2,041,207
835,469
870,118
Number Of Employees
2
2
1
1
2
3
3
3
79
76
105
84
85
38
34
EBITDA*
36,096
124,298
86,735
133,619
22,995
-144,261
163,133
562,786
912,463
137,591
164,285
98,655
75,668
85,282
3,614,583
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
34,954
43,943
30,793
45,540
62,950
52,864
66,080
20,219
2
2,360,075
2,360,073
2,365,075
2,365,075
2,365,075
2,365,075
Intangible Assets
Investments & Other
4,461,800
3,328,461
3,328,461
3,328,461
3,328,461
3,264,567
2,325,000
2,555,010
2,360,083
10
10
10
10
10
10
Debtors (Due After 1 year)
Total Fixed Assets
4,496,754
3,372,404
3,359,254
3,374,001
3,391,411
3,317,431
2,391,080
2,575,229
2,360,085
2,360,085
2,360,083
2,365,085
2,365,085
2,365,085
2,365,085
Stock & work in progress
Trade Debtors
33,871
51,934
10,869
2,172
13,616
4,820
15,210
11,812
982,683
971,282
978,679
971,937
969,025
356,354
272,836
Group Debtors
Misc Debtors
124,831
1,140,859
742,291
719,189
712,169
715,155
1,444,987
950,221
Cash
25,805
55,118
416,390
377,524
234,299
282,323
639,081
825,782
566,143
494,683
388,080
191,570
131,032
677,954
712,608
misc current assets
total current assets
184,507
1,247,911
1,169,550
1,098,885
960,084
1,002,298
2,099,278
1,787,815
1,548,826
1,465,965
1,366,759
1,163,507
1,100,057
1,034,308
985,444
total assets
4,681,261
4,620,315
4,528,804
4,472,886
4,351,495
4,319,729
4,490,358
4,363,044
3,908,911
3,826,050
3,726,842
3,528,592
3,465,142
3,399,393
3,350,529
Bank overdraft
Bank loan
Trade Creditors
108
1,703
2,167
6,733
1,603
5,649
16,405
86,066
97,881
111,444
86,786
104,629
99,813
118,206
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
107,424
108,875
115,106
118,170
108,602
76,739
58,603
75,525
total current liabilities
107,532
110,578
117,273
124,903
108,602
78,342
64,252
91,930
86,066
97,881
111,444
86,786
104,629
99,813
118,206
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
79,570
37,689
34,401
38,088
32,255
39,267
69,964
46,116
54,114
24,207
23,274
25,457
20,749
18,861
17,285
total long term liabilities
79,570
37,689
34,401
38,088
32,255
39,267
69,964
46,116
54,114
24,207
23,274
25,457
20,749
18,861
17,285
total liabilities
187,102
148,267
151,674
162,991
140,857
117,609
134,216
138,046
140,180
122,088
134,718
112,243
125,378
118,674
135,491
net assets
4,494,159
4,472,048
4,377,130
4,309,895
4,210,638
4,202,120
4,356,142
4,224,998
3,768,731
3,703,962
3,592,124
3,416,349
3,339,764
3,280,719
3,215,038
total shareholders funds
4,494,159
4,472,048
4,377,130
4,309,895
4,210,638
4,202,120
4,356,142
4,224,998
3,768,731
3,703,962
3,592,124
3,416,349
3,339,764
3,280,719
3,215,038
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
27,357
115,948
79,037
122,234
10,258
-157,477
158,244
561,553
853,647
137,591
164,285
98,655
75,668
85,282
3,614,348
Depreciation
8,739
8,350
7,698
11,385
12,737
13,216
4,889
1,233
58,816
235
Amortisation
Tax
-7,370
-31,639
-15,771
-23,283
-1,998
-30,762
-107,026
-171,260
-27,959
-34,804
-22,876
-18,646
-23,077
-1,012,516
Stock
Debtors
-1,034,091
439,633
31,799
-4,424
5,810
-740,222
498,164
-20,650
11,401
-7,397
6,742
2,912
612,671
83,518
272,836
Creditors
-1,595
-464
-4,566
6,733
-1,603
-4,046
-10,756
-69,661
-11,815
-13,563
24,658
-17,843
4,816
-18,393
118,206
Accruals and Deferred Income
-1,451
-6,231
-3,064
9,568
31,863
18,136
-16,922
75,525
Deferred Taxes & Provisions
41,881
3,288
-3,687
5,833
-7,012
-30,697
23,848
-7,998
29,907
933
-2,183
4,708
1,888
1,576
17,285
Cash flow from operations
1,101,652
-350,381
27,848
136,894
38,435
579,354
-369,623
474,276
747,894
104,399
145,214
59,732
-548,945
-38,130
2,464,722
Investing Activities
capital expenditure
250
-21,500
7,049
6,025
-22,823
-50,750
-21,450
2,301,257
-2
5,002
-2,365,310
Change in Investments
1,133,339
63,894
939,567
-230,010
194,927
2,360,073
10
cash flow from investments
-1,133,089
-21,500
7,049
6,025
-86,717
-939,567
179,260
-216,377
-58,816
-2
5,002
-2,365,320
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-620,270
44,845
611,425
interest
2,124
10,609
3,970
306
258
3,455
3,662
1,740
2,652
2,207
1,449
807
2,022
3,476
1,782
cash flow from financing
2,124
10,609
3,970
306
258
3,455
3,662
1,740
-617,618
2,207
46,294
807
2,022
3,476
613,207
cash and cash equivalents
cash
-29,313
-361,272
38,866
143,225
-48,024
-356,758
-186,701
259,639
71,460
106,603
196,510
60,538
-546,922
-34,654
712,608
overdraft
change in cash
-29,313
-361,272
38,866
143,225
-48,024
-356,758
-186,701
259,639
71,460
106,603
196,510
60,538
-546,922
-34,654
712,608
mitchams contracts(burwell)limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for mitchams contracts(burwell)limited. Get real-time insights into mitchams contracts(burwell)limited's credit score, group structure and payment trends.
Perform a competitor analysis for mitchams contracts(burwell)limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CB25 area or any other competitors across 12 key performance metrics.
mitchams contracts(burwell)limited Ownership
MITCHAMS CONTRACTS(BURWELL)LIMITED group structure
Mitchams Contracts(Burwell)Limited has no subsidiary companies.
Ultimate parent company
MITCHAMS CONTRACTS(BURWELL)LIMITED
00839326
MITCHAMS CONTRACTS(BURWELL)LIMITED Shareholders
The largest shareholders in Mitchams Contracts(Burwell)Limited include M.M. Mitcham and Birketts Trust Corporation & Michael Robert Mitcham & M.M Mitcham.
m.m. mitcham
47.22%
birketts trust corporation & michael robert mitcham & m.m mitcham
41.44%
m.r. mitcham
11%
michael robert mitcham & teresa anne mitcham
0.33%
mitchams contracts(burwell)limited directors
Mitchams Contracts(Burwell)Limited currently has 1 director, Mr Michael Mitcham serving since Mar 2016.
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 mitchams contracts(burwell)limited.
mitchams contracts(burwell)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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mitchams contracts(burwell)limitedCompanies House Filings - See Documents
