magnatec (stourbridge) limited
magnatec (stourbridge) limited Company Information
Company Number
01469144
Website
www.magnatec.co.ukRegistered Address
1 park street west, rowley regis, west midlands, B65 0LA
Industry
Wholesale of chemical products
Telephone
01384262800
Next Accounts Due
June 2025
Group Structure
View All
Directors
Mandy Pickett1 Years
Shareholders
christopher austin davies 100%
magnatec (stourbridge) limited Estimated Valuation
Pomanda estimates the enterprise value of MAGNATEC (STOURBRIDGE) LIMITED at £41.1k based on a Turnover of £146.8k and 0.28x industry multiple (adjusted for size and gross margin).
magnatec (stourbridge) limited Estimated Valuation
Pomanda estimates the enterprise value of MAGNATEC (STOURBRIDGE) LIMITED at £0 based on an EBITDA of £-2.8k and a 2.52x industry multiple (adjusted for size and gross margin).
magnatec (stourbridge) limited Estimated Valuation
Pomanda estimates the enterprise value of MAGNATEC (STOURBRIDGE) LIMITED at £0 based on Net Assets of £-4 and 2.2x industry multiple (adjusted for liquidity).
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Magnatec (stourbridge) Limited Overview
Magnatec (stourbridge) Limited is a live company located in west midlands, B65 0LA with a Companies House number of 01469144. It operates in the wholesale of chemical products sector, SIC Code 46750. Founded in December 1979, it's largest shareholder is christopher austin davies with a 100% stake. Magnatec (stourbridge) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £146.8k with low growth in recent years.
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Magnatec (stourbridge) Limited Health Check
Pomanda's financial health check has awarded Magnatec (Stourbridge) Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
7 Weak
Size
annual sales of £146.8k, make it smaller than the average company (£21.8m)
- Magnatec (stourbridge) Limited
£21.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.8%)
- Magnatec (stourbridge) Limited
6.8% - Industry AVG
Production
with a gross margin of 11.2%, this company has a higher cost of product (20.3%)
- Magnatec (stourbridge) Limited
20.3% - Industry AVG
Profitability
an operating margin of -1.9% make it less profitable than the average company (6.3%)
- Magnatec (stourbridge) Limited
6.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (22)
1 - Magnatec (stourbridge) Limited
22 - Industry AVG
Pay Structure
on an average salary of £59.4k, the company has an equivalent pay structure (£59.4k)
- Magnatec (stourbridge) Limited
£59.4k - Industry AVG
Efficiency
resulting in sales per employee of £146.8k, this is less efficient (£909.9k)
- Magnatec (stourbridge) Limited
£909.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Magnatec (stourbridge) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
- Magnatec (stourbridge) Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Magnatec (stourbridge) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Magnatec (stourbridge) Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Magnatec (stourbridge) Limited
- - Industry AVG
MAGNATEC (STOURBRIDGE) LIMITED financials
Magnatec (Stourbridge) Limited's latest turnover from September 2023 is estimated at £146.8 thousand and the company has net assets of -£4. According to their latest financial statements, Magnatec (Stourbridge) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 74 | 99 | 132 | 176 | 235 | 314 | 418 | 556 | 3 | 3 | 3 | 3 | 351 | 699 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 74 | 99 | 132 | 176 | 235 | 314 | 418 | 556 | 3 | 3 | 3 | 3 | 351 | 699 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,706 | 3,790 | 3,411 | 3,441 | 3,538 | 3,258 | 3,968 |
| Trade Debtors | 0 | 18,867 | 18,625 | 25,022 | 19,943 | 19,089 | 24,337 | 24,136 | 22,038 | 25,580 | 25,354 | 28,814 | 27,091 | 37,853 | 36,293 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 18,867 | 18,625 | 25,022 | 19,943 | 19,089 | 24,337 | 24,136 | 24,744 | 29,370 | 30,765 | 32,255 | 30,629 | 41,111 | 40,261 |
| total assets | 0 | 18,941 | 18,724 | 25,154 | 20,119 | 19,324 | 24,651 | 24,554 | 25,300 | 29,373 | 30,768 | 32,258 | 30,632 | 41,462 | 40,960 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4 | 16,104 | 18,833 | 10,504 | 19,262 | 19,224 | 24,467 | 24,402 | 24,430 | 29,244 | 30,422 | 30,874 | 24,570 | 32,300 | 33,717 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29 | 29 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4 | 16,104 | 18,833 | 10,504 | 19,262 | 19,224 | 24,467 | 24,402 | 24,430 | 29,244 | 30,422 | 30,874 | 24,570 | 32,329 | 33,746 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 12,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 12,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4 | 16,104 | 18,833 | 22,837 | 19,262 | 19,224 | 24,467 | 24,402 | 24,430 | 29,244 | 30,422 | 30,874 | 24,570 | 32,329 | 33,746 |
| net assets | -4 | 2,837 | -109 | 2,317 | 857 | 100 | 184 | 152 | 870 | 129 | 346 | 1,384 | 6,062 | 9,133 | 7,214 |
| total shareholders funds | -4 | 2,837 | -109 | 2,317 | 857 | 100 | 184 | 152 | 870 | 129 | 346 | 1,384 | 6,062 | 9,133 | 7,214 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 184 | 0 | 0 | 0 | 348 | 348 | 744 | ||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,706 | -1,084 | 379 | -30 | -97 | 280 | -710 | 3,968 |
| Debtors | -18,867 | 242 | -6,397 | 5,079 | 854 | -5,248 | 201 | 2,098 | -3,542 | -1,774 | -1,460 | 1,723 | -10,762 | 1,560 | 36,293 |
| Creditors | -16,100 | -2,729 | 8,329 | -8,758 | 38 | -5,243 | 65 | -28 | -4,814 | -1,178 | -452 | 6,304 | -7,730 | -1,417 | 33,717 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -29 | 0 | 29 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -12,333 | 12,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
magnatec (stourbridge) limited Credit Report and Business Information
Magnatec (stourbridge) Limited Competitor Analysis
Perform a competitor analysis for magnatec (stourbridge) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in B65 area or any other competitors across 12 key performance metrics.
magnatec (stourbridge) limited Ownership
MAGNATEC (STOURBRIDGE) LIMITED group structure
Magnatec (Stourbridge) Limited has no subsidiary companies.
Ultimate parent company
MAGNATEC (STOURBRIDGE) LIMITED
01469144
magnatec (stourbridge) limited directors
Magnatec (Stourbridge) Limited currently has 1 director, Ms Mandy Pickett serving since Feb 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Mandy Pickett | United Kingdom | 69 years | Feb 2023 | - | Director |
P&L
September 2023turnover
146.8k
+8%
operating profit
-2.8k
0%
gross margin
11.3%
-1.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-4
-1%
total assets
0
-1%
cash
0
0%
net assets
Total assets minus all liabilities
magnatec (stourbridge) limited company details
company number
01469144
Type
Private limited with Share Capital
industry
46750 - Wholesale of chemical products
incorporation date
December 1979
age
45
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
1 park street west, rowley regis, west midlands, B65 0LA
Bank
HSBC BANK PLC
Legal Advisor
-
magnatec (stourbridge) 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 1 charges/mortgages relating to magnatec (stourbridge) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
magnatec (stourbridge) limited Companies House Filings - See Documents
| date | description | view/download |
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