mecmesin limited

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mecmesin limited Company Information

Share MECMESIN LIMITED

Company Number

01302639

Shareholders

physical properties testing ltd

Group Structure

View All

Industry

Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment

 

Registered Address

newton house, spring copse business park, slinfold, west sussex, RH13 0SZ

mecmesin limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MECMESIN LIMITED at £0 based on a Turnover of £0 and 1.08x industry multiple (adjusted for size and gross margin).

mecmesin limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MECMESIN LIMITED at £0 based on an EBITDA of £0 and a 6.24x industry multiple (adjusted for size and gross margin).

mecmesin limited Estimated Valuation

£18.4m

Pomanda estimates the enterprise value of MECMESIN LIMITED at £18.4m based on Net Assets of £7.2m and 2.57x industry multiple (adjusted for liquidity).

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Mecmesin Limited Overview

Mecmesin Limited is a live company located in slinfold, RH13 0SZ with a Companies House number of 01302639. It operates in the manufacture of electronic measuring, testing etc. equipment, not for industrial process control sector, SIC Code 26511. Founded in March 1977, it's largest shareholder is physical properties testing ltd with a 100% stake. Mecmesin Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.

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Mecmesin Limited Health Check

There is insufficient data available to calculate a health check for Mecmesin Limited. Company Health Check FAQs

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Health Rating0out of 5
positive_score

0 Strong

positive_score

0 Regular

positive_score

2 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (6%)

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production

Production

There is insufficient data available for this Key Performance Indicator!

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profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

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employees

Employees

with 4 employees, this is below the industry average (68)

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- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

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efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

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debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

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creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

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stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

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cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

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debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

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MECMESIN LIMITED financials

EXPORTms excel logo

Mecmesin Limited's latest turnover from October 2023 is 0 and the company has net assets of £7.2 million. According to their latest financial statements, Mecmesin Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover03,384,7519,470,3927,751,9288,627,5285,317,61413,947,40012,850,19110,863,2389,840,6478,603,7527,847,0007,210,5186,713,1392,874,490
Other Income Or Grants000000000000000
Cost Of Sales01,595,5633,985,5673,255,9613,614,8672,355,2145,238,1685,120,4414,479,9143,907,3433,401,2022,899,0592,618,0621,968,2471,751,807
Gross Profit01,789,1885,484,8254,495,9675,012,6612,962,4008,709,2327,729,7506,383,3245,933,3045,202,5504,947,9414,592,4564,744,8921,122,683
Admin Expenses01,296,6923,596,8793,449,7883,864,0433,091,9947,804,1596,793,4605,883,0715,579,4574,590,5174,537,6033,671,3144,155,655374,981
Operating Profit0492,4961,887,9461,046,1791,148,618-129,594905,073936,290500,253353,847612,033410,338921,142589,237747,702
Interest Payable00008925,85764,56484,826113,34666,05963,86959,49440,44938,46611,506
Interest Receivable0001,59202,60900000000137
Pre-Tax Profit0492,4961,887,9461,047,7711,148,529-152,842840,509851,464386,907287,788548,164350,844880,693550,771736,333
Tax0-70,242-357,890-184,994-212,18940,394-76,329-5,050119,10271,716-9,770-42,074-237,977-93,832-206,173
Profit After Tax0422,2541,530,056862,777936,340-112,448764,180846,414506,009359,504538,394308,770642,716456,939530,160
Dividends Paid00000067,510129,67017,760169,35061,68500230,0020
Retained Profit0422,2541,530,056862,777936,340-112,448696,670716,744488,249190,154476,709308,770642,716226,937530,160
Employee Costs01,044,9212,943,6742,973,8083,176,5772,391,5825,873,1675,122,9314,974,6334,543,6913,290,3853,160,5982,667,9412,561,549769,229
Number Of Employees426727676941911761731751521411128521
EBITDA*0511,5001,949,3011,121,3301,217,978-92,2691,265,6181,229,463805,272620,857853,198632,9981,076,070645,797800,437

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets00154,241197,062200,553201,497781,074732,265875,2231,035,086690,570596,483341,683207,824134,265
Intangible Assets00000054929,150103,777167,822271,489394,628102,072169,3840
Investments & Other588,167588,167588,167764,817587,242587,24200000000227,874
Debtors (Due After 1 year)000000000000000
Total Fixed Assets588,167588,167742,408961,879787,795788,739781,623761,415979,0001,202,908962,059991,111443,755377,208362,139
Stock & work in progress001,715,2781,334,7191,350,4571,153,8481,977,9391,772,2671,473,8671,447,5841,050,8411,005,540834,966737,410477,587
Trade Debtors00965,816832,8981,032,333943,0462,444,5712,117,4011,869,9761,770,1021,422,0961,147,097995,046588,347610,898
Group Debtors6,590,5956,684,3754,209,9172,529,0951,753,0351,522,149000000000
Misc Debtors00287,701182,432272,783303,850579,184644,813476,916251,843100,492394,14652,98431,6540
Cash001,075,711700,021568,394431,1511,458,6321,611,982841,219696,207301,222256,074322,792321,98554,753
misc current assets000000000000000
total current assets6,590,5956,684,3758,254,4235,579,1654,977,0024,354,0446,460,3266,146,4634,661,9784,165,7362,874,6512,802,8572,205,7881,679,3961,143,238
total assets7,178,7627,272,5428,996,8316,541,0445,764,7975,142,7837,241,9496,907,8785,640,9785,368,6443,836,7103,793,9682,649,5432,056,6041,505,377
Bank overdraft000000354,002151,041064,81200000
Bank loan0000000000220,62798,97377,43677,43685,124
Trade Creditors 00609,036404,284395,138374,998865,517719,635677,128676,413414,296709,507242,004325,605299,642
Group/Directors Accounts00132,32986,764423,058650,880000000002,566
other short term finances00000000242,380180,8710169,757156,159127,2080
hp & lease commitments000000117,018111,685103,314161,12690,27819,76126,49313,8850
other current liabilities093,7801,476,200793,653552,949687,753814,6431,072,2281,108,6851,078,564937,188892,462563,794524,908251,621
total current liabilities093,7802,217,5651,284,7011,371,1451,713,6312,151,1802,054,5892,131,5072,161,7861,662,3891,890,4601,065,8861,069,042638,953
loans000000851,3631,106,987573,082687,17739,199157,450239,864201,517268,904
hp & lease commitments00000044,322157,534279,174343,462141,76732,38420,63500
Accruals and Deferred Income000000000000000
other liabilities00000050,00021,23010,53618,2500153,2830143,2170
provisions0022,75829,89129,9771,817000032,29427,51828,16211,34511,345
total long term liabilities0022,75829,89129,9771,817945,6851,285,751862,7921,048,889213,260370,635288,661356,079280,249
total liabilities093,7802,240,3231,314,5921,401,1221,715,4483,096,8653,340,3402,994,2993,210,6751,875,6492,261,0951,354,5471,425,121919,202
net assets7,178,7627,178,7626,756,5085,226,4524,363,6753,427,3354,145,0843,567,5382,646,6792,157,9691,961,0611,532,8731,294,996631,483586,175
total shareholders funds7,178,7627,178,7626,756,5085,226,4524,363,6753,427,3354,145,0843,567,5382,646,6792,157,9691,961,0611,532,8731,294,996631,483586,175
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit0492,4961,887,9461,046,1791,148,618-129,594905,073936,290500,253353,847612,033410,338921,142589,237747,702
Depreciation019,00461,35575,15169,36037,325189,371220,540233,095163,343118,02699,98587,61624,19152,735
Amortisation000000171,17472,63371,924103,667123,139122,67567,31232,3690
Tax0-70,242-357,890-184,994-212,18940,394-76,329-5,050119,10271,716-9,770-42,074-237,977-93,832-206,173
Stock0-1,715,278380,559-15,738196,609-618,419205,672298,40026,283396,74345,301170,57497,556259,823477,587
Debtors-93,7801,220,9411,919,009486,274289,1066,831261,541415,322324,947499,357-18,655493,213428,0299,103610,898
Creditors0-609,036204,7529,14620,140-344,637145,88242,507715262,117-295,211467,503-83,60125,963299,642
Accruals and Deferred Income-93,780-1,382,420682,547240,704-134,804-384,475-257,585-36,45730,121141,37644,726328,66838,886273,287251,621
Deferred Taxes & Provisions0-22,758-7,133-8628,1601,817000-32,2944,776-64416,817011,345
Cash flow from operations0-1,078,619172,009715,564433,570-167,582610,373516,741603,980167,672571,073722,664284,610582,28968,387
Investing Activities
capital expenditure0135,237-18,534-71,660-68,416522,593-391,058-50,918-70,563-120,766-214,570-770,016-221,475-85,305-187,000
Change in Investments00-176,650177,5750587,2420000000-227,874227,874
cash flow from investments0135,237158,116-249,235-68,416-64,649-391,058-50,918-70,563-120,766-214,570-770,016-221,475142,569-414,874
Financing Activities
Bank loans000000000-220,627121,65421,5370-7,68885,124
Group/Directors Accounts0-132,32945,565-336,294-227,822650,8800000000-2,5662,566
Other Short Term Loans 0000000-242,38061,509180,871-169,75713,59828,951127,2080
Long term loans00000-1,106,987-255,624533,905-114,095647,978-118,251-82,41438,347-67,387268,904
Hire Purchase and Lease Commitments00000-269,219-107,879-113,269-122,100272,543179,9005,01733,24313,8850
other long term liabilities00000-21,23028,77010,694-7,71418,250-153,283153,283-143,217143,2170
share issue00000-27,755-119,124204,1154616,754-48,521-70,89320,797-181,62956,015
interest0001,592-89-23,248-64,564-84,826-113,346-66,059-63,869-59,494-40,449-38,466-11,369
cash flow from financing0-132,32945,565-334,702-227,911-797,559-518,421308,239-295,285839,710-252,127-19,366-62,328-13,426401,240
cash and cash equivalents
cash0-1,075,711375,690131,627137,243-1,180,831-153,350770,763145,012394,98545,148-66,718807267,23254,753
overdraft00000-151,041202,961151,041-64,81264,81200000
change in cash0-1,075,711375,690131,627137,243-1,029,790-356,311619,722209,824330,17345,148-66,718807267,23254,753

mecmesin 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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Mecmesin Limited Competitor Analysis

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mecmesin limited Ownership

MECMESIN LIMITED group structure

Mecmesin Limited has 1 subsidiary company.

Ultimate parent company

BV ACQUISITIONS X PARENT SARL

#0096055

2 parents

MECMESIN LIMITED

01302639

1 subsidiary

MECMESIN LIMITED Shareholders

physical properties testing ltd 100%

mecmesin limited directors

Mecmesin Limited currently has 2 directors. The longest serving directors include Mr Jason Malloy (Aug 2020) and Mr Thomas Reslewic (Aug 2020).

officercountryagestartendrole
Mr Jason Malloy53 years Aug 2020- Director
Mr Thomas Reslewic66 years Aug 2020- Director

P&L

October 2023

turnover

0

-100%

operating profit

0

-100%

gross margin

0%

0%

turnover

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

Balance Sheet

October 2023

net assets

7.2m

0%

total assets

7.2m

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

mecmesin limited company details

company number

01302639

Type

Private limited with Share Capital

industry

26511 - Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment

incorporation date

March 1977

age

48

incorporated

UK

ultimate parent company

BV ACQUISITIONS X PARENT SARL

accounts

Full Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

HAINES WATTS

address

newton house, spring copse business park, slinfold, west sussex, RH13 0SZ

Bank

-

Legal Advisor

-

mecmesin 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 14 charges/mortgages relating to mecmesin limited. Currently there are 3 open charges and 11 have been satisfied in the past.

mecmesin 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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mecmesin limited Companies House Filings - See Documents

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