melcourt industries limited Company Information
Company Number
01734220
Website
www.melcourt.co.ukRegistered Address
boldridge brake, long newnton, tetbury, gloucestershire, GL8 8RT
Industry
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
Telephone
01666502711
Next Accounts Due
July 2024
Group Structure
View All
Shareholders
mr allan wilson jenkinson 50%
mr alistair william evans 21.7%
View Allmelcourt industries limited Estimated Valuation
Pomanda estimates the enterprise value of MELCOURT INDUSTRIES LIMITED at £6.8m based on a Turnover of £13m and 0.53x industry multiple (adjusted for size and gross margin).
melcourt industries limited Estimated Valuation
Pomanda estimates the enterprise value of MELCOURT INDUSTRIES LIMITED at £6.6m based on an EBITDA of £1.5m and a 4.45x industry multiple (adjusted for size and gross margin).
melcourt industries limited Estimated Valuation
Pomanda estimates the enterprise value of MELCOURT INDUSTRIES LIMITED at £7.2m based on Net Assets of £3.8m and 1.91x industry multiple (adjusted for liquidity).
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Melcourt Industries Limited Overview
Melcourt Industries Limited is a live company located in tetbury, GL8 8RT with a Companies House number of 01734220. It operates in the manufacture of other products of wood sector, SIC Code 16290. Founded in June 1983, it's largest shareholder is mr allan wilson jenkinson with a 50% stake. Melcourt Industries Limited is a mature, mid sized company, Pomanda has estimated its turnover at £13m with rapid growth in recent years.
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Melcourt Industries Limited Health Check
Pomanda's financial health check has awarded Melcourt Industries Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
5 Weak
Size
annual sales of £13m, make it smaller than the average company (£16.6m)
£13m - Melcourt Industries Limited
£16.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (8%)
- Melcourt Industries Limited
8% - Industry AVG
Production
with a gross margin of 22%, this company has a comparable cost of product (26.8%)
22% - Melcourt Industries Limited
26.8% - Industry AVG
Profitability
an operating margin of 8.3% make it more profitable than the average company (6.6%)
8.3% - Melcourt Industries Limited
6.6% - Industry AVG
Employees
with 21 employees, this is below the industry average (60)
21 - Melcourt Industries Limited
60 - Industry AVG
Pay Structure
on an average salary of £54.5k, the company has a higher pay structure (£32k)
£54.5k - Melcourt Industries Limited
£32k - Industry AVG
Efficiency
resulting in sales per employee of £618.4k, this is more efficient (£146.5k)
£618.4k - Melcourt Industries Limited
£146.5k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (49 days)
45 days - Melcourt Industries Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (39 days)
23 days - Melcourt Industries Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 57 days, this is in line with average (68 days)
57 days - Melcourt Industries Limited
68 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (12 weeks)
9 weeks - Melcourt Industries Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.2%, this is a similar level of debt than the average (52.1%)
52.2% - Melcourt Industries Limited
52.1% - Industry AVG
melcourt industries limited Credit Report and Business Information
Melcourt Industries Limited Competitor Analysis
Perform a competitor analysis for melcourt industries limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
melcourt industries limited Ownership
MELCOURT INDUSTRIES LIMITED group structure
Melcourt Industries Limited has no subsidiary companies.
Ultimate parent company
MELCOURT INDUSTRIES LIMITED
01734220
melcourt industries limited directors
Melcourt Industries Limited currently has 5 directors. The longest serving directors include Mr Stephen Green (Oct 1996) and Mr Allan Jenkinson (Oct 1996).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Stephen Green | 67 years | Oct 1996 | - | Director | |
Mr Allan Jenkinson | 69 years | Oct 1996 | - | Director | |
Mr Andrew Chalmers | 74 years | Aug 2000 | - | Director | |
Mrs Patricia Watson | England | 64 years | Mar 2012 | - | Director |
Ms Nikki Burton | 39 years | Feb 2024 | - | Director |
MELCOURT INDUSTRIES LIMITED financials
Melcourt Industries Limited's latest turnover from October 2022 is £13 million and the company has net assets of £3.8 million. According to their latest financial statements, Melcourt Industries Limited has 21 employees and maintains cash reserves of £311.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 12,985,410 | 13,984,734 | 11,802,845 | 6,389,024 | 6,098,629 | |||||||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||||
Cost Of Sales | 10,125,648 | 11,186,892 | 9,168,332 | 4,864,563 | 4,633,143 | |||||||||
Gross Profit | 2,859,762 | 2,797,842 | 2,634,513 | 1,524,461 | 1,465,486 | |||||||||
Admin Expenses | 1,781,412 | 1,589,430 | 1,491,768 | 1,021,820 | 998,950 | |||||||||
Operating Profit | 1,078,350 | 1,208,412 | 1,142,745 | 502,641 | 466,536 | |||||||||
Interest Payable | 95,898 | 84,587 | 69,348 | 17,309 | 18,003 | |||||||||
Interest Receivable | 0 | 0 | 0 | 0 | 0 | |||||||||
Pre-Tax Profit | 982,452 | 1,123,825 | 1,073,397 | 485,332 | 448,533 | |||||||||
Tax | -132,356 | -277,045 | -198,694 | -90,554 | -105,568 | |||||||||
Profit After Tax | 850,096 | 846,780 | 874,703 | 394,778 | 342,965 | |||||||||
Dividends Paid | 400,000 | 400,000 | 300,000 | 200,000 | 200,000 | |||||||||
Retained Profit | 450,096 | 446,780 | 574,703 | 194,778 | 142,965 | |||||||||
Employee Costs | 1,143,711 | 1,058,296 | 957,693 | 662,121 | 592,020 | |||||||||
Number Of Employees | 21 | 20 | 19 | 17 | 13 | 13 | 13 | |||||||
EBITDA* | 1,481,471 | 1,568,342 | 1,455,500 | 652,171 | 617,608 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 4,134,037 | 3,529,965 | 3,191,406 | 1,698,426 | 1,350,528 | 921,028 | 711,073 | 795,580 | 719,842 | 761,006 | 543,917 | 515,620 | 558,053 | 473,221 |
Intangible Assets | 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 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 4,134,037 | 3,529,965 | 3,191,406 | 1,698,426 | 1,350,528 | 921,028 | 711,073 | 795,580 | 719,842 | 761,006 | 543,917 | 515,620 | 558,053 | 473,221 |
Stock & work in progress | 1,605,501 | 1,986,997 | 1,126,722 | 916,438 | 569,249 | 697,840 | 703,655 | 629,127 | 807,057 | 992,615 | 1,162,807 | 885,910 | 553,385 | 426,056 |
Trade Debtors | 1,627,317 | 1,764,384 | 1,959,887 | 1,478,466 | 1,326,529 | 1,054,580 | 828,785 | 925,592 | 862,626 | 802,910 | 685,219 | 677,740 | 589,415 | 513,034 |
Group Debtors | 0 | 0 | 0 | 0 | 54,904 | 0 | 78,272 | 172,668 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 178,861 | 352,586 | 183,363 | 521,422 | 277,634 | 229,596 | 93,489 | 42,162 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 311,349 | 250,958 | 651,977 | 155,864 | 246,461 | 327,325 | 256,709 | 182,228 | 123 | 28 | 255 | 17,795 | 47,700 | 116 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,723,028 | 4,354,925 | 3,921,949 | 3,072,190 | 2,419,873 | 2,309,341 | 1,960,910 | 1,951,777 | 1,669,806 | 1,795,553 | 1,848,281 | 1,581,445 | 1,190,500 | 939,206 |
total assets | 7,857,065 | 7,884,890 | 7,113,355 | 4,770,616 | 3,770,401 | 3,230,369 | 2,671,983 | 2,747,357 | 2,389,648 | 2,556,559 | 2,392,198 | 2,097,065 | 1,748,553 | 1,412,427 |
Bank overdraft | 0 | 0 | 0 | 16,667 | 0 | 265,224 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 98,036 | 104,011 | 42,329 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 653,473 | 1,113,216 | 1,237,436 | 959,710 | 592,209 | 318,135 | 405,755 | 457,655 | 1,046,287 | 1,111,271 | 1,157,009 | 991,749 | 670,816 | 482,280 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 180,065 | 254,709 | 242,728 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 505,270 | 617,408 | 824,268 | 522,440 | 199,756 | 115,016 | 134,003 | 158,362 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 433,665 | 724,775 | 765,876 | 278,193 | 380,236 | 328,233 | 220,843 | 292,260 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,690,444 | 2,559,410 | 2,869,909 | 1,777,010 | 1,172,201 | 1,206,673 | 1,015,310 | 1,151,005 | 1,046,287 | 1,111,271 | 1,157,009 | 991,749 | 670,816 | 482,280 |
loans | 776,356 | 872,775 | 672,921 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 1,126,251 | 772,145 | 432,800 | 570,952 | 506,971 | 187,851 | 148,372 | 263,092 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 191,192 | 284,200 | 133,882 | 143,258 | 186,770 | 100,590 |
provisions | 510,007 | 376,649 | 280,594 | 140,226 | 86,261 | 76,642 | 68,910 | 88,647 | 50,521 | 69,753 | 54,036 | 52,904 | 54,615 | 42,704 |
total long term liabilities | 2,412,614 | 2,021,569 | 1,386,315 | 711,178 | 593,232 | 264,493 | 217,282 | 351,739 | 241,713 | 353,953 | 187,918 | 196,162 | 241,385 | 143,294 |
total liabilities | 4,103,058 | 4,580,979 | 4,256,224 | 2,488,188 | 1,765,433 | 1,471,166 | 1,232,592 | 1,502,744 | 1,288,000 | 1,465,224 | 1,344,927 | 1,187,911 | 912,201 | 625,574 |
net assets | 3,754,007 | 3,303,911 | 2,857,131 | 2,282,428 | 2,004,968 | 1,759,203 | 1,439,391 | 1,244,613 | 1,101,648 | 1,091,335 | 1,047,271 | 909,154 | 836,352 | 786,853 |
total shareholders funds | 3,754,007 | 3,303,911 | 2,857,131 | 2,282,428 | 2,004,968 | 1,759,203 | 1,439,391 | 1,244,613 | 1,101,648 | 1,091,335 | 1,047,271 | 909,154 | 836,352 | 786,853 |
Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 1,078,350 | 1,208,412 | 1,142,745 | 502,641 | 466,536 | |||||||||
Depreciation | 403,121 | 359,930 | 312,755 | 264,663 | 232,881 | 165,419 | 149,530 | 151,072 | 153,194 | 144,275 | 116,729 | 120,713 | 93,119 | 127,133 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -132,356 | -277,045 | -198,694 | -90,554 | -105,568 | |||||||||
Stock | -381,496 | 860,275 | 210,284 | 347,189 | -128,591 | -5,815 | 74,528 | -177,930 | -185,558 | -170,192 | 276,897 | 332,525 | 127,329 | 426,056 |
Debtors | -310,792 | -26,280 | 143,362 | 395,725 | 319,987 | 283,630 | -139,876 | 277,796 | 59,716 | 117,691 | 7,479 | 88,325 | 76,381 | 513,034 |
Creditors | -459,743 | -124,220 | 277,726 | 367,501 | 274,074 | -87,620 | -51,900 | -588,632 | -64,984 | -45,738 | 165,260 | 320,933 | 188,536 | 482,280 |
Accruals and Deferred Income | -291,110 | -41,101 | 487,683 | -102,043 | 52,003 | 107,390 | -71,417 | 292,260 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 133,358 | 96,055 | 140,368 | 53,965 | 9,619 | 7,732 | -19,737 | 38,126 | -19,232 | 15,717 | 1,132 | -1,711 | 11,911 | 42,704 |
Cash flow from operations | 1,423,908 | 388,036 | 1,808,937 | 483,911 | 153,928 | |||||||||
Investing Activities | ||||||||||||||
capital expenditure | 0 | 0 | 0 | -67,669 | -234,097 | |||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 | -67,669 | -234,097 | |||||||||
Financing Activities | ||||||||||||||
Bank loans | -5,975 | 61,682 | 42,329 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | -180,065 | -74,644 | 11,981 | 242,728 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -96,419 | 199,854 | 672,921 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 241,968 | 132,485 | 163,676 | 386,665 | 403,860 | 20,492 | -139,079 | 421,454 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -191,192 | -93,008 | 150,318 | -9,376 | -43,512 | 86,180 | 100,590 |
share issue | ||||||||||||||
interest | -95,898 | -84,587 | -69,348 | -17,309 | -18,003 | |||||||||
cash flow from financing | 43,676 | 309,434 | 809,578 | -144,407 | 454,987 | |||||||||
cash and cash equivalents | ||||||||||||||
cash | 60,391 | -401,019 | 496,113 | -90,597 | -80,864 | 70,616 | 74,481 | 182,105 | 95 | -227 | -17,540 | -29,905 | 47,584 | 116 |
overdraft | 0 | 0 | -16,667 | 16,667 | -265,224 | 265,224 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 60,391 | -401,019 | 512,780 | -107,264 | 184,360 | -194,608 | 74,481 | 182,105 | 95 | -227 | -17,540 | -29,905 | 47,584 | 116 |
P&L
October 2022turnover
13m
-7%
operating profit
1.1m
-11%
gross margin
22.1%
+10.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
3.8m
+0.14%
total assets
7.9m
0%
cash
311.3k
+0.24%
net assets
Total assets minus all liabilities
melcourt industries limited company details
company number
01734220
Type
Private limited with Share Capital
industry
16290 - Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
incorporation date
June 1983
age
41
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
boldridge brake, long newnton, tetbury, gloucestershire, GL8 8RT
last accounts submitted
October 2022
melcourt industries 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 5 charges/mortgages relating to melcourt industries limited. Currently there are 5 open charges and 0 have been satisfied in the past.
melcourt industries limited Companies House Filings - See Documents
date | description | view/download |
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