manchester science partnerships limited

manchester science partnerships limited Company Information

Share MANCHESTER SCIENCE PARTNERSHIPS LIMITED
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Company Number

01717239

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Shareholders

bruntwood science limited

city of manchester

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Group Structure

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Contact

Registered Address

union albert square, manchester, M2 6LW

manchester science partnerships limited Estimated Valuation

£24.1m

Pomanda estimates the enterprise value of MANCHESTER SCIENCE PARTNERSHIPS LIMITED at £24.1m based on a Turnover of £7.9m and 3.05x industry multiple (adjusted for size and gross margin).

manchester science partnerships limited Estimated Valuation

£5.6m

Pomanda estimates the enterprise value of MANCHESTER SCIENCE PARTNERSHIPS LIMITED at £5.6m based on an EBITDA of £924k and a 6.02x industry multiple (adjusted for size and gross margin).

manchester science partnerships limited Estimated Valuation

£87.3m

Pomanda estimates the enterprise value of MANCHESTER SCIENCE PARTNERSHIPS LIMITED at £87.3m based on Net Assets of £51m and 1.71x industry multiple (adjusted for liquidity).

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Manchester Science Partnerships Limited Overview

Manchester Science Partnerships Limited is a live company located in manchester, M2 6LW with a Companies House number of 01717239. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 1983, it's largest shareholder is bruntwood science limited with a 66.9% stake. Manchester Science Partnerships Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.9m with low growth in recent years.

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Manchester Science Partnerships Limited Health Check

Pomanda's financial health check has awarded Manchester Science Partnerships Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £7.9m, make it larger than the average company (£849.8k)

£7.9m - Manchester Science Partnerships Limited

£849.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a similar rate (2.8%)

3% - Manchester Science Partnerships Limited

2.8% - Industry AVG

production

Production

with a gross margin of 34.9%, this company has a higher cost of product (72.3%)

34.9% - Manchester Science Partnerships Limited

72.3% - Industry AVG

profitability

Profitability

an operating margin of 8.8% make it less profitable than the average company (27.3%)

8.8% - Manchester Science Partnerships Limited

27.3% - Industry AVG

employees

Employees

with 44 employees, this is above the industry average (4)

44 - Manchester Science Partnerships Limited

4 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Manchester Science Partnerships Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £179.4k, this is equally as efficient (£181.3k)

£179.4k - Manchester Science Partnerships Limited

£181.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is earlier than average (33 days)

20 days - Manchester Science Partnerships Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 26 days, this is quicker than average (34 days)

26 days - Manchester Science Partnerships Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Manchester Science Partnerships Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)

1 weeks - Manchester Science Partnerships Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 63.9%, this is a similar level of debt than the average (68.1%)

63.9% - Manchester Science Partnerships Limited

68.1% - Industry AVG

MANCHESTER SCIENCE PARTNERSHIPS LIMITED financials

EXPORTms excel logo

Manchester Science Partnerships Limited's latest turnover from September 2023 is £7.9 million and the company has net assets of £51 million. According to their latest financial statements, we estimate that Manchester Science Partnerships Limited has 44 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Dec 2011Dec 2010Dec 2009
Turnover7,894,0007,427,0008,428,0007,330,0006,681,0006,881,0006,376,0005,783,0005,959,0005,381,0004,693,0002,831,0003,722,3243,167,6403,058,992
Other Income Or Grants000000000000000
Cost Of Sales5,139,0004,076,0004,549,0004,446,0003,964,0004,107,0002,895,0002,699,0002,885,0002,678,0002,532,0001,232,0001,279,3211,456,4311,402,571
Gross Profit2,755,0003,351,0003,879,0002,884,0002,717,0002,774,0003,481,0003,084,0003,074,0002,703,0002,161,0001,599,0002,443,0031,711,2091,656,421
Admin Expenses2,064,0002,342,0002,235,0001,617,0001,679,0002,357,0002,435,0002,376,0001,452,000708,188620,729988,9031,824,429930,7781,048,219
Operating Profit691,0001,009,0001,644,0001,267,0001,038,000417,0001,046,000708,0001,622,0001,994,8121,540,271610,097618,574780,431608,202
Interest Payable2,751,0001,305,000990,000997,0001,623,0001,345,0001,129,0001,013,000834,000698,000454,000280,000356,733311,679342,612
Interest Receivable0000002,000004,0005,0004,0005,6791,8821,068
Pre-Tax Profit-18,806,00018,927,0002,275,0003,189,000911,0007,387,0002,651,0001,057,0005,147,000996,000713,000176,000267,520720,634275,257
Tax4,365,000-4,823,000-2,047,000-1,067,000-232,000-1,394,000-317,000392,000-1,004,000-55,0004,000-4,00026,911-200,279-78,257
Profit After Tax-14,441,00014,104,000228,0002,122,000679,0005,993,0002,334,0001,449,0004,143,000941,000717,000172,000294,431520,355197,000
Dividends Paid000000000000000
Retained Profit-14,441,00014,104,000228,0002,122,000679,0005,993,0002,334,0001,449,0004,143,000941,000717,000172,000294,431520,355197,000
Employee Costs00000000380,000292,000447,0001,046,0001,462,4771,440,9850
Number Of Employees44476151434950411315214448490
EBITDA*924,0001,231,0002,031,0001,599,0001,285,000535,0001,087,000761,0001,674,0002,053,8121,591,271645,097672,823847,172701,633

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Dec 2011Dec 2010Dec 2009
Tangible Assets103,360,000116,391,00091,015,00077,844,00073,848,00071,854,00060,591,00052,325,00038,987,00031,790,00023,083,00021,504,00020,724,14492,66819,509,029
Intangible Assets000000000000000
Investments & Other31,143,00027,912,00026,081,00025,259,0006,904,0006,904,0006,903,0006,903,0006,903,0006,429,0002,500,000842,00070120,382,799701
Debtors (Due After 1 year)3,010,0003,121,000410,0001,802,0001,038,000837,00075,0000013,495,0007,220,0003,540,00057,432646,822627,415
Total Fixed Assets137,513,000147,424,000117,506,000104,905,00081,790,00079,595,00067,569,00059,228,00045,890,00051,714,00032,803,00025,886,00020,782,27721,122,28920,137,145
Stock & work in progress000000000000000
Trade Debtors446,000596,0001,103,000838,0001,266,0001,024,000590,000365,000967,000445,000409,000218,000130,773213,917282,058
Group Debtors61,00057,00003,00016,482,00020,190,00020,139,00023,527,00024,925,000046,000113,000197,064352,550186,045
Misc Debtors2,272,0001,462,0001,365,00086,0001,055,000957,000885,000479,000804,000657,000217,000314,000183,671142,084119,291
Cash1,167,000129,000806,000472,0001,305,0002,325,0002,348,0001,960,0001,604,000544,0002,168,000723,0001,764,6921,458,7771,585,250
misc current assets000000000000000
total current assets3,946,0002,244,0003,274,0001,399,00020,108,00024,496,00023,962,00026,331,00028,300,0001,646,0002,840,0001,368,0002,276,2002,167,3282,172,644
total assets141,459,000149,668,000120,780,000106,304,000101,898,000104,091,00091,531,00085,559,00074,190,00053,360,00035,643,00027,254,00023,058,47723,289,61722,309,789
Bank overdraft000000000000000
Bank loan00000000011,973,0000006,000,0006,000,000
Trade Creditors 376,000331,000459,00054,000402,000761,000818,000222,000219,000318,000489,00031,00038,16574,858131,472
Group/Directors Accounts18,589,00010,988,00012,563,00010,325,0008,901,0001,575,0002,288,0002,142,0002,801,0002,897,0001,613,00043,00021,165154,040160,507
other short term finances00000005,167,00000000076,000
hp & lease commitments000000000000000
other current liabilities12,171,0009,294,00012,009,0005,594,0005,714,0007,341,0003,629,0002,838,0002,196,0001,906,0002,196,0001,176,0001,146,2981,117,3561,129,021
total current liabilities31,136,00020,613,00025,031,00015,973,00015,017,0009,677,0006,735,00010,369,0005,216,00017,094,0004,298,0001,250,0001,205,6287,346,2547,497,000
loans51,605,00051,531,00036,875,00034,009,00033,748,00042,173,00039,983,00032,813,00027,880,000012,964,0006,000,0006,000,0000540,000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00277,00000023,000151,00091,000000000
provisions7,672,00012,037,0007,214,0005,167,0004,100,0003,887,0002,429,0002,199,0002,425,000686,000633,000713,000770,287853,966791,302
total long term liabilities59,277,00063,568,00044,366,00039,176,00037,848,00046,060,00042,435,00035,163,00030,396,000686,00013,597,0006,713,0006,770,287853,9661,331,302
total liabilities90,413,00084,181,00069,397,00055,149,00052,865,00055,737,00049,170,00045,532,00035,612,00017,780,00017,895,0007,963,0007,975,9158,200,2208,828,302
net assets51,046,00065,487,00051,383,00051,155,00049,033,00048,354,00042,361,00040,027,00038,578,00035,580,00017,748,00019,291,00015,082,56215,089,39713,481,487
total shareholders funds51,046,00065,487,00051,383,00051,155,00049,033,00048,354,00042,361,00040,027,00038,578,00035,580,00017,748,00019,291,00015,082,56215,089,39713,481,487
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit691,0001,009,0001,644,0001,267,0001,038,000417,0001,046,000708,0001,622,0001,994,8121,540,271610,097618,574780,431608,202
Depreciation233,000222,000387,000332,000247,000118,00041,00053,00052,00059,00051,00035,00054,24966,74193,431
Amortisation000000000000000
Tax4,365,000-4,823,000-2,047,000-1,067,000-232,000-1,394,000-317,000392,000-1,004,000-55,0004,000-4,00026,911-200,279-78,257
Stock000000000000000
Debtors553,0002,358,000149,000-17,112,000-3,167,0001,319,000-2,682,000-2,325,00012,099,0006,705,0003,707,0003,616,060-786,433140,5641,214,809
Creditors45,000-128,000405,000-348,000-359,000-57,000596,0003,000-99,000-171,000458,000-7,165-36,693-56,614131,472
Accruals and Deferred Income2,877,000-2,715,0006,415,000-120,000-1,627,0003,712,000791,000642,000290,000-290,0001,020,00029,70228,942-11,6651,129,021
Deferred Taxes & Provisions-4,365,0004,823,0002,047,0001,067,000213,0001,458,000230,000-226,0001,739,00053,000-80,000-57,287-83,67962,664791,302
Cash flow from operations3,293,000-3,970,0008,702,00018,243,0002,447,0002,935,0005,069,0003,897,000-9,499,000-5,114,188-713,729-3,009,7131,394,737500,7141,460,362
Investing Activities
capital expenditure12,798,000-25,598,000-13,558,000-4,328,000-2,241,000-11,381,000-8,307,000-13,391,000-7,249,000-8,766,000-1,630,000-814,856-20,685,72519,349,620-19,602,460
Change in Investments3,231,0001,831,000822,00018,355,00001,00000474,0003,929,0001,658,000841,299-20,382,09820,382,098701
cash flow from investments9,567,000-27,429,000-14,380,000-22,683,000-2,241,000-11,382,000-8,307,000-13,391,000-7,723,000-12,695,000-3,288,000-1,656,155-303,627-1,032,478-19,603,161
Financing Activities
Bank loans00000000-11,973,00011,973,00000-6,000,00006,000,000
Group/Directors Accounts7,601,000-1,575,0002,238,0001,424,0007,326,000-713,000146,000-659,000-96,0001,284,0001,570,00021,835-132,875-6,467160,507
Other Short Term Loans 000000-5,167,0005,167,00000000-76,00076,000
Long term loans74,00014,656,0002,866,000261,000-8,425,0002,190,0007,170,0004,933,00027,880,000-12,964,0006,964,00006,000,000-540,000540,000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0-277,000277,00000-23,000-128,00060,00091,000000000
share issue00000000-1,145,00016,891,000-2,260,0004,036,438-301,2661,087,55513,284,487
interest-2,751,000-1,305,000-990,000-997,000-1,623,000-1,345,000-1,127,000-1,013,000-834,000-694,000-449,000-276,000-351,054-309,797-341,544
cash flow from financing4,924,00011,499,0004,391,000688,000-2,722,000109,000894,0008,488,00013,923,00016,490,0005,825,0003,782,273-785,195155,29119,719,450
cash and cash equivalents
cash1,038,000-677,000334,000-833,000-1,020,000-23,000388,000356,0001,060,000-1,624,0001,445,000-1,041,692305,915-126,4731,585,250
overdraft000000000000000
change in cash1,038,000-677,000334,000-833,000-1,020,000-23,000388,000356,0001,060,000-1,624,0001,445,000-1,041,692305,915-126,4731,585,250

manchester science partnerships limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Manchester Science Partnerships Limited Competitor Analysis

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manchester science partnerships limited Ownership

MANCHESTER SCIENCE PARTNERSHIPS LIMITED group structure

Manchester Science Partnerships Limited has 8 subsidiary companies.

MANCHESTER SCIENCE PARTNERSHIPS LIMITED Shareholders

bruntwood science limited 66.94%
city of manchester 12.16%
university of manchester 12.16%
manchester metropolitan university 4.52%
central manchester university hospitals nhs foundation trust 3%
salford city council 1.22%

manchester science partnerships limited directors

Manchester Science Partnerships Limited currently has 9 directors. The longest serving directors include Mr Christopher Oglesby (Apr 2012) and Professor Luke Georghiou (Sep 2014).

officercountryagestartendrole
Mr Christopher OglesbyEngland57 years Apr 2012- Director
Professor Luke GeorghiouUnited Kingdom69 years Sep 2014- Director
Professor Malcolm PressEngland66 years Jun 2015- Director
Mr Sean DaviesUnited Kingdom48 years Jan 2018- Director
Mrs Claire RobinsonEngland54 years Nov 2018- Director
Ms Patricia BartoliUnited Kingdom59 years May 2020- Director
Mr Nicholas BrookEngland60 years Sep 2022- Director
Mr Bradley ToppsUnited Kingdom36 years Dec 2023- Director
Mr Kevin CrottyUnited Kingdom48 years Dec 2023- Director

P&L

September 2023

turnover

7.9m

+6%

operating profit

691k

-32%

gross margin

34.9%

-22.65%

turnover

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

Balance Sheet

September 2023

net assets

51m

-0.22%

total assets

141.5m

-0.05%

cash

1.2m

+8.05%

net assets

Total assets minus all liabilities

manchester science partnerships limited company details

company number

01717239

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

April 1983

age

42

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

September 2023

previous names

manchester science parks limited (September 2014)

manchester science park limited (September 2009)

accountant

-

auditor

DELOITTE LLP

address

union albert square, manchester, M2 6LW

Bank

LLOYDS TSB BANK PLC

Legal Advisor

ADDLESHAW GODDARD LLP

manchester science partnerships 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 23 charges/mortgages relating to manchester science partnerships limited. Currently there are 2 open charges and 21 have been satisfied in the past.

manchester science partnerships 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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manchester science partnerships limited Companies House Filings - See Documents

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