midland group training services limitedEstimated Valuation
£3.5m
Pomanda estimates the enterprise value of MIDLAND GROUP TRAINING SERVICES LIMITED at £3.5m based on a Turnover of £4.8m and 0.73x industry multiple (adjusted for size and gross margin).
midland group training services limitedEstimated Valuation
£3.6m
Pomanda estimates the enterprise value of MIDLAND GROUP TRAINING SERVICES LIMITED at £3.6m based on an EBITDA of £877.4k and a 4.14x industry multiple (adjusted for size and gross margin).
midland group training services limitedEstimated Valuation
£10.5m
Pomanda estimates the enterprise value of MIDLAND GROUP TRAINING SERVICES LIMITED at £10.5m based on Net Assets of £4.1m and 2.56x industry multiple (adjusted for liquidity).
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Midland Group Training Services LimitedOverview
Midland Group Training Services Limited is a live company located in west midlands, CV1 2JG with a Companies House number of 00984899. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in July 1970, it's largest shareholder is
unknown.
Midland Group Training Services Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£4.8m with
healthy
growth in recent years.
Midland Group Training Services Limited Health Check
Pomanda's financial health check has awarded Midland Group Training Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
3 Regular
2 Weak
Size
annual sales of £4.8m, make it larger than the average company (£858.9k)
£4.8m - Midland Group Training Services Limited
£858.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.9%)
8% - Midland Group Training Services Limited
6.9% - Industry AVG
Production
with a gross margin of 63.2%, this company has a comparable cost of product (63.2%)
63.2% - Midland Group Training Services Limited
63.2% - Industry AVG
Profitability
an operating margin of 11.2% make it more profitable than the average company (2.8%)
11.2% - Midland Group Training Services Limited
2.8% - Industry AVG
Employees
with 45 employees, this is above the industry average (14)
45 - Midland Group Training Services Limited
14 - Industry AVG
Pay Structure
on an average salary of £47.8k, the company has a higher pay structure (£36.6k)
£47.8k - Midland Group Training Services Limited
£36.6k - Industry AVG
Efficiency
resulting in sales per employee of £107.7k, this is more efficient (£73.5k)
£107.7k - Midland Group Training Services Limited
£73.5k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is near the average (27 days)
32 days - Midland Group Training Services Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 106 days, this is slower than average (35 days)
106 days - Midland Group Training Services Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Midland Group Training Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (96 weeks)
3 weeks - Midland Group Training Services Limited
96 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.5%, this is a similar level of debt than the average (32.2%)
32.5% - Midland Group Training Services Limited
32.2% - Industry AVG
MIDLAND GROUP TRAINING SERVICES LIMITED financials
EXPORT
Midland Group Training Services Limited's latest turnover from March 2024 is £4.8 million and the company has net assets of £4.1 million. According to their latest financial statements, Midland Group Training Services Limited has 45 employees and maintains cash reserves of £68.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
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
4,847,861
4,474,559
4,512,628
3,796,136
4,293,168
4,094,597
3,634,673
4,539,109
3,615,806
3,142,066
3,011,792
2,445,337
2,425,288
2,338,395
2,614,736
Other Income Or Grants
Cost Of Sales
1,783,858
1,618,822
1,532,341
1,369,198
1,719,619
1,792,037
1,576,101
1,939,969
1,613,224
1,524,341
1,500,527
1,147,354
1,157,851
1,086,604
1,166,130
Gross Profit
3,064,003
2,855,738
2,980,287
2,426,938
2,573,549
2,302,560
2,058,572
2,599,140
2,002,582
1,617,725
1,511,265
1,297,983
1,267,437
1,251,791
1,448,606
Admin Expenses
2,520,653
2,641,611
2,781,903
2,380,522
2,716,891
2,382,211
2,278,546
1,487,536
1,429,678
1,315,621
1,133,724
1,153,824
1,191,446
1,220,796
1,229,985
Operating Profit
543,350
214,127
198,384
46,416
-143,342
-79,651
-219,974
1,111,604
572,904
302,104
377,541
144,159
75,991
30,995
218,621
Interest Payable
Interest Receivable
Pre-Tax Profit
411,693
177,768
161,368
38,809
-140,084
-53,792
-203,451
896,395
471,734
248,866
299,308
117,909
63,860
29,821
161,352
Tax
Profit After Tax
411,693
177,768
161,368
38,809
-140,084
-53,792
-203,451
896,395
471,734
248,866
299,308
117,909
63,860
29,821
161,352
Dividends Paid
Retained Profit
411,693
177,768
161,368
38,809
-140,084
-53,792
-203,451
896,395
471,734
248,866
299,308
117,909
63,860
29,821
161,352
Employee Costs
2,151,599
2,084,264
1,926,952
2,137,414
2,170,298
2,057,388
1,817,217
1,772,953
1,749,095
1,630,696
1,489,612
1,365,976
1,435,980
1,441,107
1,411,887
Number Of Employees
45
43
43
43
48
46
44
42
42
38
37
36
37
37
37
EBITDA*
877,437
546,189
512,064
346,233
231,375
273,768
158,316
1,343,357
763,988
505,326
570,285
290,152
257,473
188,771
371,673
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
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
2,649,158
2,774,130
2,981,849
2,991,551
3,254,419
2,734,232
2,880,156
3,049,317
1,540,233
1,620,078
1,578,015
1,496,154
1,440,971
1,513,386
1,492,483
Intangible Assets
2,400
4,800
7,200
9,600
12,000
Investments & Other
1,559,302
475,000
475,000
525,000
525,000
Debtors (Due After 1 year)
Total Fixed Assets
4,208,460
2,774,130
2,981,849
2,991,551
3,254,419
2,734,232
2,880,156
3,049,317
1,540,233
1,622,478
1,582,815
1,978,354
1,925,571
2,050,386
2,017,483
Stock & work in progress
Trade Debtors
438,088
446,463
471,919
392,835
507,720
488,492
662,537
671,690
471,420
551,199
636,316
402,765
278,798
297,030
176,214
Group Debtors
Misc Debtors
164,410
183,613
115,538
155,835
85,362
117,188
110,478
144,277
53,977
47,533
32,315
62,214
76,043
61,434
61,497
Cash
68,139
144,190
107,109
115,718
2,876,340
3,639,758
3,255,893
3,353,451
3,758,490
2,946,856
2,219,498
2,248,877
2,144,920
1,977,418
2,191,624
misc current assets
1,169,189
2,477,173
2,472,463
3,076,780
400,000
total current assets
1,839,826
3,251,439
3,167,029
3,741,168
3,469,422
4,245,438
4,028,908
4,169,418
4,283,887
3,545,588
3,288,129
2,713,856
2,499,761
2,335,882
2,429,335
total assets
6,048,286
6,025,569
6,148,878
6,732,719
6,723,841
6,979,670
6,909,064
7,218,735
5,824,120
5,168,066
4,870,944
4,692,210
4,425,332
4,386,268
4,446,818
Bank overdraft
Bank loan
Trade Creditors
520,849
796,159
861,184
901,467
874,971
957,093
931,394
1,041,200
662,612
412,934
414,907
478,889
342,042
279,558
436,992
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
384,490
387,458
457,330
1,038,969
337,696
371,319
272,620
269,034
149,402
214,760
164,531
146,123
134,001
171,281
104,218
total current liabilities
905,339
1,183,617
1,318,514
1,940,436
1,212,667
1,328,412
1,204,014
1,310,234
812,014
627,694
579,438
625,012
476,043
450,839
541,210
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
1,061,492
2,599,016
2,765,196
2,888,483
total liabilities
1,966,831
3,782,633
4,083,710
4,828,919
1,212,667
1,328,412
1,204,014
1,310,234
812,014
627,694
579,438
625,012
476,043
450,839
541,210
net assets
4,081,455
2,242,936
2,065,168
1,903,800
5,511,174
5,651,258
5,705,050
5,908,501
5,012,106
4,540,372
4,291,506
4,067,198
3,949,289
3,935,429
3,905,608
total shareholders funds
4,081,455
2,242,936
2,065,168
1,903,800
5,511,174
5,651,258
5,705,050
5,908,501
5,012,106
4,540,372
4,291,506
4,067,198
3,949,289
3,935,429
3,905,608
Mar 2024
Mar 2023
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
543,350
214,127
198,384
46,416
-143,342
-79,651
-219,974
1,111,604
572,904
302,104
377,541
144,159
75,991
30,995
218,621
Depreciation
334,087
332,062
313,680
299,817
374,717
353,419
378,290
231,753
188,684
200,822
190,344
143,593
179,082
157,776
153,052
Amortisation
2,400
2,400
2,400
2,400
2,400
Tax
Stock
Debtors
-27,578
42,619
38,787
-44,412
-12,598
-167,335
-42,952
290,570
-73,335
-69,899
203,652
110,138
-3,623
120,753
237,711
Creditors
-275,310
-65,025
-40,283
26,496
-82,122
25,699
-109,806
378,588
249,678
-1,973
-63,982
136,847
62,484
-157,434
436,992
Accruals and Deferred Income
-2,968
-69,872
-581,639
701,273
-33,623
98,699
3,586
119,632
-65,358
50,229
18,408
12,122
-37,280
67,063
104,218
Deferred Taxes & Provisions
Cash flow from operations
626,737
368,673
-148,645
1,118,414
128,228
565,501
95,048
1,551,007
1,021,643
623,481
321,059
328,983
286,300
-22,353
675,172
Investing Activities
capital expenditure
-215,987
-184,379
-1,728,265
-106,488
-242,885
-272,205
-198,776
-106,667
-190,679
-1,645,535
Change in Investments
1,559,302
-475,000
-50,000
525,000
cash flow from investments
-1,559,302
-215,987
-184,379
-1,728,265
-106,488
-242,885
202,795
-198,776
-56,667
-190,679
-2,170,535
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
1,426,826
-3,646,183
-75,000
-50,000
3,744,256
interest
cash flow from financing
1,426,826
-3,646,183
-75,000
-50,000
3,744,256
cash and cash equivalents
cash
-76,051
37,081
-8,609
-2,760,622
-763,418
383,865
-97,558
-405,039
811,634
727,358
-29,379
103,957
167,502
-214,206
2,191,624
overdraft
change in cash
-76,051
37,081
-8,609
-2,760,622
-763,418
383,865
-97,558
-405,039
811,634
727,358
-29,379
103,957
167,502
-214,206
2,191,624
midland group training services 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 midland group training services limited. Get real-time insights into midland group training services limited's credit score, group structure and payment trends.
Midland Group Training Services Limited Competitor Analysis
Perform a competitor analysis for midland group training services limited by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in CV1 area or any other competitors across 12 key performance metrics.
midland group training services limited Ownership
MIDLAND GROUP TRAINING SERVICES LIMITED group structure
Midland Group Training Services Limited has 1 subsidiary company.
MIDLAND GROUP TRAINING SERVICES LIMITED Shareholders
The sole shareholder of Midland Group Training Services Limited is -.
-
-
midland group training services limited directors
Midland Group Training Services Limited currently has 8 directors.
The longest serving directors include
Mr Giles Lawton (Sep 2003) and
Mr Anthony Watson (Nov 2008).
midland group training services limited company details
company number
00984899
Type
Private Ltd By Guarantee w/o Share Cap
industry
94110 - Activities of business and employers membership organisations
85590 - Other education n.e.c.
incorporation date
July 1970
age
55
incorporated
UK
ultimate parent company
None
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
LUCKMANS DUCKETT PARKER LIMITED
address
gulson road, coventry, west midlands, CV1 2JG
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
midland group training services 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 2 charges/mortgages relating to midland group training services limited. Currently there are 2 open charges and 0 have been satisfied in the past.
midland group training services 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.
Click to start generating capital raising & share issue transactions for MIDLAND GROUP TRAINING SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
midland group training services limitedCompanies House Filings - See Documents
