Pomanda estimates the enterprise value of MICROMECH LIMITED at £4m based on a Turnover of £6.7m and 0.59x industry multiple (adjusted for size and gross margin).
micromech limitedEstimated Valuation
£3.1m
Pomanda estimates the enterprise value of MICROMECH LIMITED at £3.1m based on an EBITDA of £753.2k and a 4.12x industry multiple (adjusted for size and gross margin).
micromech limitedEstimated Valuation
£2.7m
Pomanda estimates the enterprise value of MICROMECH LIMITED at £2.7m based on Net Assets of £1.4m and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Micromech LimitedOverview
Micromech Limited is a live company located in braintree, CM7 3GB with a Companies House number of 01597518. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in November 1981, it's largest shareholder is
micromech holdings ltd
with a 100% stake. Micromech Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£6.7m with
high
growth in recent years.
Pomanda's financial health check has awarded Micromech Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
5 Regular
2 Weak
Size
annual sales of £6.7m, make it smaller than the average company (£12.5m)
£6.7m - Micromech Limited
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (5.3%)
19% - Micromech Limited
5.3% - Industry AVG
Production
with a gross margin of 32.2%, this company has a comparable cost of product (30.7%)
32.2% - Micromech Limited
30.7% - Industry AVG
Profitability
an operating margin of 10.6% make it more profitable than the average company (6.1%)
10.6% - Micromech Limited
6.1% - Industry AVG
Employees
with 24 employees, this is below the industry average (66)
24 - Micromech Limited
66 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
£51.9k - Micromech Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £280.9k, this is more efficient (£187.1k)
£280.9k - Micromech Limited
£187.1k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (58 days)
26 days - Micromech Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is close to average (42 days)
46 days - Micromech Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 88 days, this is in line with average (88 days)
88 days - Micromech Limited
88 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 27 weeks, this is more cash available to meet short term requirements (13 weeks)
27 weeks - Micromech Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.1%, this is a similar level of debt than the average (48.5%)
53.1% - Micromech Limited
48.5% - Industry AVG
MICROMECH LIMITED financials
EXPORT
Micromech Limited's latest turnover from December 2023 is £6.7 million and the company has net assets of £1.4 million. According to their latest financial statements, Micromech Limited has 24 employees and maintains cash reserves of £812.6 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
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
6,741,341
4,596,750
4,292,493
3,972,747
3,775,017
4,386,923
3,940,066
3,197,663
2,803,724
3,141,096
2,747,967
2,705,243
2,702,521
2,756,409
2,387,264
Other Income Or Grants
Cost Of Sales
4,569,620
3,293,226
2,973,682
2,882,361
2,754,656
3,120,807
2,800,849
2,307,498
1,999,247
2,295,220
1,986,730
1,926,362
1,890,300
1,987,932
1,706,219
Gross Profit
2,171,721
1,303,524
1,318,811
1,090,386
1,020,361
1,266,116
1,139,217
890,165
804,477
845,876
761,237
778,881
812,221
768,477
681,045
Admin Expenses
1,455,190
1,154,138
1,074,127
946,463
932,166
965,379
960,034
849,705
768,134
818,462
752,564
764,784
806,080
704,387
673,533
Operating Profit
716,531
149,386
244,684
143,923
88,195
300,737
179,183
40,460
36,343
27,414
8,673
14,097
6,141
64,090
7,512
Interest Payable
3,798
845
52
270
2,487
1,392
29
11
2,011
Interest Receivable
432
Pre-Tax Profit
725,167
161,863
248,983
144,282
90,132
301,658
178,475
39,960
36,343
27,385
8,673
14,086
6,141
64,522
-29,109
Tax
-170,566
-34,203
-50,138
-27,539
-17,594
-57,673
-34,660
-8,402
-2,667
-5,463
-2,475
-2,340
-218
-12,642
3,362
Profit After Tax
554,601
127,660
198,845
116,743
72,538
243,985
143,815
31,558
33,676
21,922
6,198
11,746
5,923
51,880
-25,747
Dividends Paid
168,320
50,000
75,000
60,000
180,000
80,000
12,000
30,742
20,000
30,000
13,010
Retained Profit
386,281
77,660
123,845
116,743
12,538
63,985
63,815
19,558
2,934
1,922
6,198
11,746
-24,077
38,870
-25,747
Employee Costs
1,244,477
1,119,155
1,034,223
961,751
962,875
943,552
868,527
743,968
576,969
779,851
687,469
665,825
646,630
692,584
Number Of Employees
24
23
22
21
21
21
20
18
14
19
17
17
17
19
EBITDA*
753,154
173,628
263,106
176,286
117,738
330,606
209,285
70,978
61,266
50,820
28,059
33,211
23,230
82,460
28,953
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
74,692
104,300
39,854
47,673
57,843
46,872
40,884
47,107
21,192
32,916
11,191
15,267
13,303
9,363
12,080
Intangible Assets
13,200
33,048
46,248
59,448
72,648
85,848
99,048
112,248
125,448
138,648
151,848
165,048
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
74,692
104,300
39,854
60,873
90,891
93,120
100,332
119,755
107,040
131,964
123,439
140,715
151,951
161,211
177,128
Stock & work in progress
1,107,029
1,285,886
579,870
594,072
578,304
523,273
340,991
293,073
274,161
218,562
322,292
255,544
251,801
230,684
265,164
Trade Debtors
497,661
408,245
667,167
481,418
497,895
464,133
684,144
413,733
349,429
309,681
300,220
326,698
223,270
335,084
311,882
Group Debtors
416,951
396,423
546
43,175
34,790
59,717
171,257
312,694
192,574
109,345
546
90,516
66,809
546
73,941
Misc Debtors
43,857
66,249
84,091
25,032
27,811
25,014
30,696
23,930
20,094
21,043
58,443
27,187
58,784
42,522
54,253
Cash
812,647
207,977
367,834
274,959
133,958
228,287
75,672
103,017
188,713
114,507
124,170
173,209
283,651
35,115
misc current assets
total current assets
2,878,145
2,364,780
1,699,508
1,418,656
1,272,758
1,300,424
1,302,760
1,043,430
939,275
847,344
796,008
824,115
773,873
892,487
740,355
total assets
2,952,837
2,469,080
1,739,362
1,479,529
1,363,649
1,393,544
1,403,092
1,163,185
1,046,315
979,308
919,447
964,830
925,824
1,053,698
917,483
Bank overdraft
Bank loan
Trade Creditors
577,221
1,069,543
426,691
368,115
384,812
362,851
401,898
348,921
349,825
302,163
293,623
292,895
301,647
345,903
305,168
Group/Directors Accounts
21,381
15,222
21,865
other short term finances
15,180
16,948
hp & lease commitments
9,708
9,184
4,387
5,034
5,034
other current liabilities
934,382
328,327
367,278
310,793
293,675
356,536
376,638
236,575
162,289
140,842
93,840
161,372
125,362
163,038
128,294
total current liabilities
1,521,311
1,407,054
815,350
678,908
678,487
723,774
793,716
602,444
517,148
448,039
402,685
454,267
427,009
530,806
433,462
loans
29,406
39,111
4,387
19,567
hp & lease commitments
7,551
12,585
Accruals and Deferred Income
other liabilities
provisions
16,079
23,155
1,912
2,366
3,650
796
total long term liabilities
45,485
62,266
1,912
2,366
3,650
796
4,387
19,567
7,551
12,585
total liabilities
1,566,796
1,469,320
817,262
681,274
682,137
724,570
798,103
622,011
524,699
460,624
402,685
454,267
427,009
530,806
433,462
net assets
1,386,041
999,760
922,100
798,255
681,512
668,974
604,989
541,174
521,616
518,684
516,762
510,563
498,815
522,892
484,021
total shareholders funds
1,386,041
999,760
922,100
798,255
681,512
668,974
604,989
541,174
521,616
518,684
516,762
510,563
498,815
522,892
484,021
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
716,531
149,386
244,684
143,923
88,195
300,737
179,183
40,460
36,343
27,414
8,673
14,097
6,141
64,090
7,512
Depreciation
36,623
24,242
18,422
19,163
16,343
16,669
16,902
17,318
11,723
10,206
6,186
5,914
3,889
5,170
8,241
Amortisation
13,200
13,200
13,200
13,200
13,200
13,200
13,200
13,200
13,200
13,200
13,200
13,200
Tax
-170,566
-34,203
-50,138
-27,539
-17,594
-57,673
-34,660
-8,402
-2,667
-5,463
-2,475
-2,340
-218
-12,642
3,362
Stock
-178,857
706,016
-14,202
15,768
55,031
182,282
47,918
18,912
55,599
-103,730
66,748
3,743
21,117
-34,480
265,164
Debtors
87,552
119,113
202,179
-10,871
11,632
-337,233
135,740
188,260
122,028
80,860
-85,192
95,538
-29,289
-61,924
440,076
Creditors
-492,322
642,852
58,576
-16,697
21,961
-39,047
52,977
-904
47,662
8,540
728
-8,752
-44,256
40,735
305,168
Accruals and Deferred Income
606,055
-38,951
56,485
17,118
-62,861
-20,102
140,063
74,286
21,447
47,002
-67,532
36,010
-37,676
34,744
128,294
Deferred Taxes & Provisions
-7,076
21,243
-454
-1,284
2,854
796
Cash flow from operations
780,550
-60,560
139,598
142,987
-4,565
369,531
184,007
-71,214
-49,919
123,769
-22,776
-41,152
-50,748
241,701
-239,463
Investing Activities
capital expenditure
-7,015
-88,688
2,597
-2,345
-27,314
-22,657
-10,679
-43,233
1
-31,931
-2,110
-7,878
-7,829
-2,453
-198,569
Change in Investments
cash flow from investments
-7,015
-88,688
2,597
-2,345
-27,314
-22,657
-10,679
-43,233
1
-31,931
-2,110
-7,878
-7,829
-2,453
-198,569
Financing Activities
Bank loans
Group/Directors Accounts
-21,381
21,381
-15,222
15,222
-21,865
21,865
Other Short Term Loans
-15,180
-1,768
16,948
Long term loans
-9,705
39,111
-4,387
-15,180
19,567
Hire Purchase and Lease Commitments
524
9,184
-4,387
4,387
-12,585
-5,034
17,619
other long term liabilities
share issue
-2
1
2
1
509,768
interest
-3,798
-845
-52
-270
-2,487
-1,392
-29
-11
432
-2,011
cash flow from financing
-12,979
26,069
21,381
-4,439
-15,450
-19,435
22,538
-5,036
2,368
15,223
-9
-21,865
22,298
507,757
cash and cash equivalents
cash
604,670
-159,857
92,875
141,001
-94,329
152,615
75,672
-103,017
-85,696
74,206
-9,663
-49,039
-110,442
248,536
35,115
overdraft
change in cash
604,670
-159,857
92,875
141,001
-94,329
152,615
75,672
-103,017
-85,696
74,206
-9,663
-49,039
-110,442
248,536
35,115
micromech 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 micromech limited. Get real-time insights into micromech limited's credit score, group structure and payment trends.
Perform a competitor analysis for micromech limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in CM7 area or any other competitors across 12 key performance metrics.
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 3 charges/mortgages relating to micromech limited. Currently there are 1 open charges and 2 have been satisfied in the past.
micromech 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 MICROMECH LIMITED. This can take several minutes, an email will notify you when this has completed.
micromech limitedCompanies House Filings - See Documents
