metreel limited
metreel limited Company Information
Company Number
00949482
Website
www.metreel.co.ukRegistered Address
cossall industrial estate, coronation road, ilkeston, derbyshire, DE7 5UA
Industry
Manufacture of other special-purpose machinery n.e.c.
Manufacture of lifting and handling equipment
Telephone
01159327010
Next Accounts Due
168 days late
Group Structure
View All
Shareholders
carioca assets ltd 100%
metreel limited Estimated Valuation
Pomanda estimates the enterprise value of METREEL LIMITED at £3.3m based on a Turnover of £5.5m and 0.61x industry multiple (adjusted for size and gross margin).
metreel limited Estimated Valuation
Pomanda estimates the enterprise value of METREEL LIMITED at £2.8m based on an EBITDA of £549k and a 5.03x industry multiple (adjusted for size and gross margin).
metreel limited Estimated Valuation
Pomanda estimates the enterprise value of METREEL LIMITED at £10.4m based on Net Assets of £5m and 2.07x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Metreel Limited Overview
Metreel Limited is a live company located in ilkeston, DE7 5UA with a Companies House number of 00949482. It operates in the manufacture of lifting and handling equipment sector, SIC Code 28220. Founded in March 1969, it's largest shareholder is carioca assets ltd with a 100% stake. Metreel Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.5m with declining growth in recent years.
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Metreel Limited Health Check
Pomanda's financial health check has awarded Metreel Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
5 Weak
Size
annual sales of £5.5m, make it smaller than the average company (£11m)
- Metreel Limited
£11m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (-1.2%)
- Metreel Limited
-1.2% - Industry AVG
Production
with a gross margin of 32.2%, this company has a comparable cost of product (32.2%)
- Metreel Limited
32.2% - Industry AVG
Profitability
an operating margin of 8.9% make it more profitable than the average company (6.5%)
- Metreel Limited
6.5% - Industry AVG
Employees
with 37 employees, this is below the industry average (69)
37 - Metreel Limited
69 - Industry AVG
Pay Structure
on an average salary of £45.3k, the company has an equivalent pay structure (£45.3k)
- Metreel Limited
£45.3k - Industry AVG
Efficiency
resulting in sales per employee of £148.5k, this is equally as efficient (£158.4k)
- Metreel Limited
£158.4k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is near the average (61 days)
- Metreel Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 110 days, this is slower than average (46 days)
- Metreel Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 122 days, this is more than average (80 days)
- Metreel Limited
80 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (20 weeks)
1 weeks - Metreel Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46%, this is a similar level of debt than the average (49%)
46% - Metreel Limited
49% - Industry AVG
METREEL LIMITED financials
Metreel Limited's latest turnover from March 2022 is estimated at £5.5 million and the company has net assets of £5 million. According to their latest financial statements, Metreel Limited has 37 employees and maintains cash reserves of £78.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,891,142 | 11,253,312 | 8,409,689 | 7,827,381 | 10,752,960 | 6,187,044 | 5,879,852 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 5,296,001 | 9,446,596 | 7,301,824 | 6,126,936 | 8,068,389 | 4,361,900 | 4,452,275 | ||||||
| Gross Profit | 1,595,141 | 1,806,716 | 1,107,865 | 1,700,445 | 2,684,571 | 1,825,144 | 1,427,577 | ||||||
| Admin Expenses | 1,388,265 | 1,526,631 | 1,573,686 | 1,086,106 | 1,605,634 | 1,031,179 | 867,263 | ||||||
| Operating Profit | 206,876 | 280,085 | -465,821 | 614,339 | 1,078,937 | 793,965 | 560,314 | ||||||
| Interest Payable | 81,395 | 119,590 | 60,808 | 7,884 | 19,790 | 17,929 | 14,911 | ||||||
| Interest Receivable | 9,056 | 2,866 | 3,080 | 0 | 374 | 65 | 16 | ||||||
| Pre-Tax Profit | 134,537 | 163,361 | -695,055 | 484,455 | 1,059,521 | 776,101 | 545,419 | ||||||
| Tax | 267,268 | 0 | 189,606 | 38,594 | -204,332 | -45,024 | -128,571 | ||||||
| Profit After Tax | 401,805 | 163,361 | -505,449 | 523,049 | 855,189 | 731,077 | 416,848 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 250,000 | 152,500 | 529,189 | ||||||
| Retained Profit | 401,805 | 163,361 | -505,449 | 523,049 | 605,189 | 578,577 | -112,341 | ||||||
| Employee Costs | 1,317,734 | 1,673,022 | 1,592,861 | 1,552,327 | 1,553,753 | 1,402,043 | 1,125,173 | ||||||
| Number Of Employees | 37 | 38 | 31 | 30 | 32 | 39 | 44 | 46 | 39 | 39 | 35 | 32 | |
| EBITDA* | 266,174 | 350,077 | -412,027 | 673,682 | 1,130,788 | 855,939 | 623,146 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,343,936 | 936,289 | 938,283 | 988,358 | 983,299 | 898,223 | 956,432 | 993,613 | 1,720,655 | 1,356,785 | 1,255,046 | 896,558 | 1,028,522 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 565,001 | 565,001 | 565,002 | 565,002 | 565,002 | 535,533 | 535,533 | 875,023 | 122,297 | 225,182 | 10,001 | 10,000 | 10,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 270,350 | 259,952 | 250,556 | 241,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,908,937 | 1,501,290 | 1,503,285 | 1,823,710 | 1,808,253 | 1,684,312 | 1,733,465 | 1,868,636 | 1,842,952 | 1,581,967 | 1,265,047 | 906,558 | 1,038,522 |
| Stock & work in progress | 1,249,269 | 1,227,473 | 561,814 | 503,021 | 493,833 | 471,636 | 603,185 | 463,482 | 469,698 | 844,672 | 479,557 | 491,430 | 570,784 |
| Trade Debtors | 988,286 | 2,172,408 | 1,033,499 | 1,225,878 | 1,203,353 | 689,703 | 1,662,204 | 3,457,940 | 3,408,142 | 3,909,875 | 1,453,403 | 2,192,810 | 1,165,066 |
| Group Debtors | 4,410,908 | 4,090,744 | 3,583,128 | 3,090,999 | 3,004,376 | 2,551,072 | 2,152,706 | 1,330,862 | 482,187 | 723,301 | 645,657 | 239,246 | 739,681 |
| Misc Debtors | 714,033 | 774,883 | 542,374 | 401,312 | 447,341 | 1,346,888 | 2,157,284 | 943,678 | 445,944 | 176,403 | 87,331 | 256,273 | 90,679 |
| Cash | 78,690 | 3,373 | 3,397 | 3,639 | 79,359 | 451,584 | 206,959 | 242,076 | 200 | 212,989 | 368,910 | 225 | 37,450 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,441,186 | 8,268,881 | 5,724,212 | 5,224,849 | 5,228,262 | 5,510,883 | 6,782,338 | 6,438,038 | 4,806,171 | 5,867,240 | 3,034,858 | 3,179,984 | 2,603,660 |
| total assets | 9,350,123 | 9,770,171 | 7,227,497 | 7,048,559 | 7,036,515 | 7,195,195 | 8,515,803 | 8,306,674 | 6,649,123 | 7,449,207 | 4,299,905 | 4,086,542 | 3,642,182 |
| Bank overdraft | 583,406 | 576,312 | 539,958 | 526,357 | 530,883 | 736,471 | 1,217,289 | 2,119,508 | 110,516 | 0 | 0 | 169,332 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 46,347 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,132,464 | 1,506,067 | 1,068,507 | 2,165,639 | 2,080,576 | 2,155,638 | 2,014,971 | 2,605,666 | 1,968,178 | 3,492,392 | 1,095,892 | 1,693,319 | 1,761,888 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 281,022 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 56,329 | 39,746 | 39,683 | 43,037 | 39,439 | 33,554 | 0 |
| other current liabilities | 2,124,103 | 2,785,052 | 1,623,050 | 1,162,908 | 1,312,377 | 1,542,696 | 2,796,832 | 985,128 | 1,073,698 | 514,267 | 665,764 | 532,202 | 0 |
| total current liabilities | 3,839,973 | 4,867,431 | 3,231,515 | 3,854,904 | 3,970,183 | 4,434,805 | 6,085,421 | 5,750,048 | 3,192,075 | 4,330,718 | 1,801,095 | 2,428,407 | 1,761,888 |
| loans | 173,015 | 253,802 | 0 | 0 | 47,325 | 93,764 | 139,117 | 182,824 | 348,116 | 250,000 | 260,000 | 10,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 49,032 | 75,476 | 98,874 | 41,629 | 7,077 | 22,295 | 25,399 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 164,245 | 184,423 | 255,685 | 25,913 | 32,025 | 0 | 0 | 0 | 76,904 | 0 | 0 | 0 | 44,609 |
| provisions | 125,202 | 10,432 | 7,991 | 5,306 | 826 | 0 | 0 | 0 | 0 | 79,040 | 39,332 | 24,130 | 10,696 |
| total long term liabilities | 462,462 | 448,657 | 263,676 | 31,219 | 80,176 | 142,796 | 214,593 | 281,698 | 466,649 | 336,117 | 321,627 | 59,529 | 55,305 |
| total liabilities | 4,302,435 | 5,316,088 | 3,495,191 | 3,886,123 | 4,050,359 | 4,577,601 | 6,300,014 | 6,031,746 | 3,658,724 | 4,666,835 | 2,122,722 | 2,487,936 | 1,817,193 |
| net assets | 5,047,688 | 4,454,083 | 3,732,306 | 3,162,436 | 2,986,156 | 2,617,594 | 2,215,789 | 2,274,928 | 2,990,399 | 2,782,372 | 2,177,183 | 1,598,606 | 1,824,989 |
| total shareholders funds | 5,047,688 | 4,454,083 | 3,732,306 | 3,162,436 | 2,986,156 | 2,617,594 | 2,215,789 | 2,274,928 | 2,990,399 | 2,782,372 | 2,177,183 | 1,598,606 | 1,824,989 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 206,876 | 280,085 | -465,821 | 614,339 | 1,078,937 | 793,965 | 560,314 | ||||||
| Depreciation | 60,969 | 51,463 | 52,627 | 54,937 | 39,058 | 59,298 | 69,992 | 53,794 | 59,343 | 51,851 | 61,974 | 62,832 | 63,421 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 267,268 | 0 | 189,606 | 38,594 | -204,332 | -45,024 | -128,571 | ||||||
| Stock | 21,796 | 665,659 | 58,793 | 9,188 | 22,197 | -131,549 | 139,703 | -6,216 | -374,974 | 365,115 | -11,873 | -79,354 | 570,784 |
| Debtors | -924,808 | 1,879,034 | 170,462 | 73,517 | 76,803 | -1,375,475 | 481,214 | 1,396,207 | -473,306 | 2,623,188 | -501,938 | 692,903 | 1,995,426 |
| Creditors | -373,603 | 437,560 | -1,097,132 | 85,063 | -75,062 | 140,667 | -590,695 | 637,488 | -1,524,214 | 2,396,500 | -597,427 | -68,569 | 1,761,888 |
| Accruals and Deferred Income | -660,949 | 1,162,002 | 460,142 | -149,469 | -230,319 | -1,254,136 | 1,811,704 | -88,570 | 559,431 | -151,497 | 133,562 | 532,202 | 0 |
| Deferred Taxes & Provisions | 114,770 | 2,441 | 2,685 | 4,480 | 826 | 0 | 0 | 0 | -79,040 | 39,708 | 15,202 | 13,434 | 10,696 |
| Cash flow from operations | 926,997 | 950,169 | -1,063,494 | 516,733 | 222,864 | 876,063 | 358,093 | ||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | -1 | 0 | 0 | 29,469 | 0 | -339,490 | 752,726 | -102,885 | 215,181 | 1 | 0 | 10,000 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | -46,347 | 46,347 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -281,022 | 281,022 | 0 | 0 | 0 |
| Long term loans | -80,787 | 253,802 | 0 | -47,325 | -46,439 | -45,353 | -43,707 | -165,292 | 98,116 | -10,000 | 250,000 | 10,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | -49,032 | -82,773 | -6,815 | 57,308 | 31,198 | -11,620 | 2,781 | 58,953 | 0 |
| other long term liabilities | -20,178 | -71,262 | 229,772 | -6,112 | 32,025 | 0 | 0 | -76,904 | 76,904 | 0 | 0 | -44,609 | 44,609 |
| share issue | |||||||||||||
| interest | -72,339 | -116,724 | -57,728 | -7,884 | -19,416 | -17,864 | -14,895 | ||||||
| cash flow from financing | -200,465 | -389,746 | -452,638 | -397,710 | 239,986 | 234,917 | -104,593 | ||||||
| cash and cash equivalents | |||||||||||||
| cash | 75,317 | -24 | -242 | -75,720 | -372,225 | 244,625 | -35,117 | 241,876 | -212,789 | -155,921 | 368,685 | -37,225 | 37,450 |
| overdraft | 7,094 | 36,354 | 13,601 | -4,526 | -205,588 | -480,818 | -902,219 | 2,008,992 | 110,516 | 0 | -169,332 | 169,332 | 0 |
| change in cash | 68,223 | -36,378 | -13,843 | -71,194 | -166,637 | 725,443 | 867,102 | -1,767,116 | -323,305 | -155,921 | 538,017 | -206,557 | 37,450 |
metreel limited Credit Report and Business Information
Metreel Limited Competitor Analysis
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metreel limited Ownership
METREEL LIMITED group structure
Metreel Limited has no subsidiary companies.
metreel limited directors
Metreel Limited currently has 3 directors. The longest serving directors include Mr Kenneth Beattie (Jun 2007) and Mr Graham Clark (Sep 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kenneth Beattie | United Kingdom | 71 years | Jun 2007 | - | Director |
| Mr Graham Clark | United Kingdom | 68 years | Sep 2010 | - | Director |
| Mr Simon Cullingworth | 57 years | Dec 2010 | - | Director |
P&L
March 2022turnover
5.5m
-33%
operating profit
488k
0%
gross margin
32.2%
+7.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
5m
+0.13%
total assets
9.4m
-0.04%
cash
78.7k
+22.33%
net assets
Total assets minus all liabilities
Similar Companies
metreel limited company details
company number
00949482
Type
Private limited with Share Capital
industry
28990 - Manufacture of other special-purpose machinery n.e.c.
28220 - Manufacture of lifting and handling equipment
incorporation date
March 1969
age
55
accounts
Small Company
ultimate parent company
previous names
metreel (nottingham) limited (September 1996)
incorporated
UK
address
cossall industrial estate, coronation road, ilkeston, derbyshire, DE7 5UA
last accounts submitted
March 2022
metreel 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 metreel limited. Currently there are 6 open charges and 6 have been satisfied in the past.
metreel limited Companies House Filings - See Documents
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