the mastic asphalt council limited
the mastic asphalt council limited Company Information
Group Structure
View All
Industry
Activities of business and employers membership organisations
Registered Address
27 greenways crescent, shoreham-by-sea, BN43 6HR
the mastic asphalt council limited Estimated Valuation
Pomanda estimates the enterprise value of THE MASTIC ASPHALT COUNCIL LIMITED at £134.9k based on a Turnover of £195.2k and 0.69x industry multiple (adjusted for size and gross margin).
the mastic asphalt council limited Estimated Valuation
Pomanda estimates the enterprise value of THE MASTIC ASPHALT COUNCIL LIMITED at £0 based on an EBITDA of £-327 and a 3.41x industry multiple (adjusted for size and gross margin).
the mastic asphalt council limited Estimated Valuation
Pomanda estimates the enterprise value of THE MASTIC ASPHALT COUNCIL LIMITED at £360.3k based on Net Assets of £147.2k and 2.45x industry multiple (adjusted for liquidity).
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The Mastic Asphalt Council Limited Overview
The Mastic Asphalt Council Limited is a live company located in shoreham-by-sea, BN43 6HR with a Companies House number of 00944387. It operates in the activities of business and employers membership organizations sector, SIC Code 94110. Founded in December 1968, it's largest shareholder is unknown. The Mastic Asphalt Council Limited is a mature, micro sized company, Pomanda has estimated its turnover at £195.2k with low growth in recent years.
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The Mastic Asphalt Council Limited Health Check
Pomanda's financial health check has awarded The Mastic Asphalt Council Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £195.2k, make it smaller than the average company (£1.2m)
- The Mastic Asphalt Council Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4%)
- The Mastic Asphalt Council Limited
4% - Industry AVG
Production
with a gross margin of 76.3%, this company has a comparable cost of product (76.3%)
- The Mastic Asphalt Council Limited
76.3% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (1.3%)
- The Mastic Asphalt Council Limited
1.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (15)
2 - The Mastic Asphalt Council Limited
15 - Industry AVG
Pay Structure
on an average salary of £51.1k, the company has an equivalent pay structure (£51.1k)
- The Mastic Asphalt Council Limited
£51.1k - Industry AVG
Efficiency
resulting in sales per employee of £97.6k, this is less efficient (£114.9k)
- The Mastic Asphalt Council Limited
£114.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- The Mastic Asphalt Council Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (46 days)
- The Mastic Asphalt Council Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Mastic Asphalt Council Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 790 weeks, this is more cash available to meet short term requirements (66 weeks)
790 weeks - The Mastic Asphalt Council Limited
66 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.8%, this is a lower level of debt than the average (42.9%)
5.8% - The Mastic Asphalt Council Limited
42.9% - Industry AVG
THE MASTIC ASPHALT COUNCIL LIMITED financials
The Mastic Asphalt Council Limited's latest turnover from December 2023 is estimated at £195.2 thousand and the company has net assets of £147.2 thousand. According to their latest financial statements, The Mastic Asphalt Council Limited has 2 employees and maintains cash reserves of £138.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 153,122 | 178,682 | 138,500 | 166,091 | 157,975 | 181,738 | 178,611 | 193,023 | 226,451 | 233,063 | |||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -69,783 | 11,011 | 18,705 | 16,774 | 12,972 | 25,112 | 38,298 | -11,987 | 20,580 | -11,101 | |||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 454 | 262 | 506 | 281 | 110 | 82 | 70 | 67 | 69 | 132 | |||||
| Pre-Tax Profit | -69,329 | 11,273 | 19,211 | 17,055 | 13,082 | 25,194 | 38,368 | -11,920 | 20,649 | -10,969 | |||||
| Tax | -129 | -105 | -144 | -100 | -68 | -61 | -57 | -62 | -68 | -28 | |||||
| Profit After Tax | -69,458 | 11,168 | 19,067 | 16,955 | 13,014 | 25,133 | 38,311 | -11,982 | 20,581 | -10,997 | |||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -69,458 | 11,168 | 19,067 | 16,955 | 13,014 | 25,133 | 38,311 | -11,982 | 20,581 | -10,997 | |||||
| Employee Costs | 85,614 | 132,318 | 136,354 | 135,580 | |||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 2 | |||
| EBITDA* | -69,261 | 11,614 | 19,509 | 17,185 | 18,213 | 32,099 | 40,117 | -9,442 | 23,974 | -7,096 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 470 | 627 | 836 | 1,115 | 1,487 | 1,566 | 1,810 | 2,413 | 12,034 | 15,721 | 20,962 | 5,457 | 7,276 | 9,821 | 13,215 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 470 | 627 | 836 | 1,115 | 1,487 | 1,566 | 1,810 | 2,413 | 12,034 | 15,721 | 20,962 | 5,457 | 7,276 | 9,821 | 13,215 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 10,119 | 4,760 | 38,036 | 3,609 | 2,638 | 11,537 | 6,803 | ||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 17,407 | 15,285 | 8,918 | 6,324 | 7,798 | 18,447 | 23,791 | 7,480 | 10,201 | 6,114 | 5,712 | 20,091 | 12,462 | 16,717 | 13,899 |
| Cash | 138,383 | 133,517 | 135,365 | 152,492 | 192,079 | 171,717 | 249,084 | 240,414 | 197,167 | 184,064 | 171,817 | 166,126 | 135,585 | 134,318 | 123,371 |
| misc current assets | |||||||||||||||
| total current assets | 155,790 | 148,802 | 144,283 | 158,816 | 199,877 | 190,164 | 272,875 | 247,894 | 217,487 | 194,938 | 215,565 | 189,826 | 150,685 | 162,572 | 144,073 |
| total assets | 156,260 | 149,429 | 145,119 | 159,931 | 201,364 | 191,730 | 274,685 | 250,307 | 229,521 | 210,659 | 236,527 | 195,283 | 157,961 | 172,393 | 157,288 |
| Bank overdraft | 17 | 21 | 14 | 140 | 500 | 1,712 | 1,758 | ||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 103 | 1,474 | 4,585 | 15,806 | 2,514 | 12,867 | 1,236 | 2,913 | 9,009 | 11,979 | |||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 1,989 | 2,983 | 2,983 | ||||||||||||
| other current liabilities | 8,979 | 5,761 | 5,575 | 5,383 | 5,655 | 6,680 | 6,098 | 4,473 | 2,835 | 3,841 | 15,214 | 14,633 | 25,612 | 25,079 | 27,572 |
| total current liabilities | 9,099 | 7,256 | 10,174 | 21,189 | 8,309 | 7,180 | 20,677 | 7,467 | 5,748 | 3,841 | 24,223 | 26,612 | 27,601 | 28,062 | 30,555 |
| loans | |||||||||||||||
| hp & lease commitments | 1,989 | 4,972 | |||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 1,989 | 4,972 | |||||||||||||
| total liabilities | 9,099 | 7,256 | 10,174 | 21,189 | 8,309 | 7,180 | 20,677 | 7,467 | 5,748 | 3,841 | 24,223 | 26,612 | 27,601 | 30,051 | 35,527 |
| net assets | 147,161 | 142,173 | 134,945 | 138,742 | 193,055 | 184,550 | 254,008 | 242,840 | 223,773 | 206,818 | 212,304 | 168,671 | 130,360 | 142,342 | 121,761 |
| total shareholders funds | 147,161 | 142,173 | 134,945 | 138,742 | 193,055 | 184,550 | 254,008 | 242,840 | 223,773 | 206,818 | 212,304 | 168,671 | 130,360 | 142,342 | 121,761 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -69,783 | 11,011 | 18,705 | 16,774 | 12,972 | 25,112 | 38,298 | -11,987 | 20,580 | -11,101 | |||||
| Depreciation | 157 | 209 | 279 | 372 | 495 | 522 | 603 | 804 | 411 | 5,241 | 6,987 | 1,819 | 2,545 | 3,394 | 4,005 |
| Amortisation | |||||||||||||||
| Tax | -129 | -105 | -144 | -100 | -68 | -61 | -57 | -62 | -68 | -28 | |||||
| Stock | |||||||||||||||
| Debtors | 2,122 | 6,367 | 2,594 | -1,474 | -10,649 | -5,344 | 16,311 | -3,394 | 9,446 | -32,874 | 20,048 | 8,600 | -13,154 | 7,552 | 20,702 |
| Creditors | -1,371 | -3,111 | -11,221 | 13,292 | 2,514 | -12,867 | 11,631 | 1,236 | 2,913 | -9,009 | -2,970 | 11,979 | |||
| Accruals and Deferred Income | 3,218 | 186 | 192 | -272 | -1,025 | 582 | 1,625 | 632 | -1,006 | -11,373 | 581 | -10,979 | 533 | -2,493 | 27,572 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -76,331 | 8,454 | 24,627 | 9,546 | 30,637 | 9,601 | 32,460 | 4,183 | 13,861 | -254 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -1,989 | -2,983 | -2,983 | 7,955 | |||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 454 | 262 | 506 | 281 | 110 | 82 | 70 | 67 | 69 | 132 | |||||
| cash flow from financing | 454 | 262 | 17,461 | 281 | -18,390 | 18,582 | -1,919 | -2,916 | -2,914 | 140,845 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | 4,866 | -1,848 | -17,127 | -39,587 | 20,362 | -77,367 | 8,670 | 56,350 | 13,103 | 12,247 | 5,691 | 30,541 | 1,267 | 10,947 | 123,371 |
| overdraft | -4 | 7 | 14 | -140 | -360 | -1,212 | -46 | 1,758 | |||||||
| change in cash | 4,870 | -1,855 | -17,141 | -39,447 | 20,722 | -76,155 | 8,716 | 54,592 | 13,103 | 12,247 | 5,691 | 30,541 | 1,267 | 10,947 | 123,371 |
the mastic asphalt council limited Credit Report and Business Information
The Mastic Asphalt Council Limited Competitor Analysis
Perform a competitor analysis for the mastic asphalt council limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in BN43 area or any other competitors across 12 key performance metrics.
the mastic asphalt council limited Ownership
THE MASTIC ASPHALT COUNCIL LIMITED group structure
The Mastic Asphalt Council Limited has no subsidiary companies.
Ultimate parent company
THE MASTIC ASPHALT COUNCIL LIMITED
00944387
the mastic asphalt council limited directors
The Mastic Asphalt Council Limited currently has 10 directors. The longest serving directors include Mr David Maginnis (Feb 2003) and Mr Ian Deacon (Jun 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Maginnis | England | 61 years | Feb 2003 | - | Director |
| Mr Ian Deacon | England | 64 years | Jun 2003 | - | Director |
| Mr Jason Shields | England | 59 years | Jun 2016 | - | Director |
| Mr Marcus Lee | England | 48 years | Jun 2016 | - | Director |
| Mr Julian Coulter | England | 59 years | Jun 2016 | - | Director |
| Mr Malcolm Grinstead | England | 72 years | Feb 2017 | - | Director |
| Mr John Chapman | England | 65 years | Jun 2018 | - | Director |
| Mr Steven Taylor | England | 43 years | Mar 2020 | - | Director |
| Mr Keith Collins | England | 53 years | Jun 2023 | - | Director |
| Mr Jack Oxley | England | 36 years | Jun 2023 | - | Director |
P&L
December 2023turnover
195.2k
+2%
operating profit
-484.6
0%
gross margin
76.3%
-2.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
147.2k
+0.04%
total assets
156.3k
+0.05%
cash
138.4k
+0.04%
net assets
Total assets minus all liabilities
the mastic asphalt council limited company details
company number
00944387
Type
Private Ltd By Guarantee w/o Share Cap
industry
94110 - Activities of business and employers membership organisations
incorporation date
December 1968
age
57
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
mastic asphalt council and employers federation limited (November 1995)
accountant
-
auditor
-
address
27 greenways crescent, shoreham-by-sea, BN43 6HR
Bank
BANK OF COMMERCE
Legal Advisor
-
the mastic asphalt council 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 the mastic asphalt council limited.
the mastic asphalt council 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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the mastic asphalt council limited Companies House Filings - See Documents
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