Pomanda estimates the enterprise value of MICROGAS SYSTEMS LIMITED at £1.4m based on a Turnover of £3.4m and 0.42x industry multiple (adjusted for size and gross margin).
microgas systems limitedEstimated Valuation
£627.1k
Pomanda estimates the enterprise value of MICROGAS SYSTEMS LIMITED at £627.1k based on an EBITDA of £240.7k and a 2.61x industry multiple (adjusted for size and gross margin).
microgas systems limitedEstimated Valuation
£4.2m
Pomanda estimates the enterprise value of MICROGAS SYSTEMS LIMITED at £4.2m based on Net Assets of £2.1m and 2.02x industry multiple (adjusted for liquidity).
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Microgas Systems LimitedOverview
Microgas Systems Limited is a live company located in salfords, RH1 5HW with a Companies House number of 01806871. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in April 1984, it's largest shareholder is
uk gas technologies ltd
with a 100% stake. Microgas Systems Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£3.4m with
high
growth in recent years.
Pomanda's financial health check has awarded Microgas Systems Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
2 Regular
5 Weak
Size
annual sales of £3.4m, make it smaller than the average company (£14m)
£3.4m - Microgas Systems Limited
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (6.3%)
23% - Microgas Systems Limited
6.3% - Industry AVG
Production
with a gross margin of 7.1%, this company has a higher cost of product (30.3%)
7.1% - Microgas Systems Limited
30.3% - Industry AVG
Profitability
an operating margin of 7.1% make it as profitable than the average company (6.3%)
7.1% - Microgas Systems Limited
6.3% - Industry AVG
Employees
with 19 employees, this is below the industry average (70)
19 - Microgas Systems Limited
70 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Microgas Systems Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £178.7k, this is equally as efficient (£185.9k)
£178.7k - Microgas Systems Limited
£185.9k - Industry AVG
Debtor Days
it gets paid by customers after 122 days, this is later than average (53 days)
122 days - Microgas Systems Limited
53 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Microgas Systems Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Microgas Systems Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (12 weeks)
8 weeks - Microgas Systems Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.9%, this is a lower level of debt than the average (47.8%)
38.9% - Microgas Systems Limited
47.8% - Industry AVG
MICROGAS SYSTEMS LIMITED financials
EXPORT
Microgas Systems Limited's latest turnover from December 2023 is £3.4 million and the company has net assets of £2.1 million. According to their latest financial statements, we estimate that Microgas Systems Limited has 19 employees and maintains cash reserves of £219.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
3,394,386
5,893,496
8,686,169
1,824,924
314,861
10,106,679
4,997,366
6,931,406
4,008,733
8,766,670
6,999,124
5,011,663
2,362,505
290,929
927,444
Other Income Or Grants
Cost Of Sales
3,153,504
5,430,831
8,131,788
1,509,318
230,649
7,015,487
3,432,844
4,685,615
2,710,895
5,985,252
4,738,529
3,410,011
1,593,999
195,971
623,203
Gross Profit
240,882
462,665
554,381
315,606
84,212
3,091,192
1,564,522
2,245,791
1,297,838
2,781,418
2,260,596
1,601,651
768,506
94,957
304,242
Admin Expenses
228
113
44
35
52
2,046,635
1,458,682
2,172,500
1,266,924
2,771,828
2,262,606
1,599,662
773,250
77,097
234,805
Operating Profit
240,654
462,552
554,337
315,571
84,160
1,044,557
105,840
73,291
30,914
9,590
-2,010
1,989
-4,744
17,860
69,437
Interest Payable
Interest Receivable
76
275
552
123
69
26
17
259
259
83
218
141
Pre-Tax Profit
240,654
462,628
554,612
315,571
84,160
1,045,109
105,963
73,360
30,940
9,606
-1,751
2,247
-4,661
18,078
69,578
Tax
-87,899
-105,376
-59,958
-15,990
-198,571
-20,133
-14,672
-6,188
-2,017
-539
-5,062
-19,482
Profit After Tax
240,654
374,729
449,236
255,613
68,170
846,538
85,830
58,688
24,752
7,589
-1,751
1,708
-4,661
13,016
50,096
Dividends Paid
400,000
Retained Profit
-159,346
374,729
449,236
255,613
68,170
846,538
85,830
58,688
24,752
7,589
-1,751
1,708
-4,661
13,016
50,096
Employee Costs
2,490,190
1,294,612
1,758,395
994,418
1,996,466
1,643,238
1,196,899
565,620
91,467
237,336
Number Of Employees
19
34
55
13
3
69
37
52
30
61
52
38
18
3
8
EBITDA*
240,654
462,552
554,337
315,571
84,160
1,044,557
105,840
73,291
30,914
9,590
-2,010
1,989
-4,744
17,860
69,437
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
1,138,688
2,550,070
243,474
1,109,957
1,163,424
1,618,966
801,694
1,120,359
639,136
1,515,367
1,225,409
832,284
426,899
61,461
151,794
Group Debtors
2,000,000
2,000,000
2,000,000
1,000,000
200,266
200,266
200,266
266
266
Misc Debtors
32,000
749,791
710,781
878,101
878,101
976,434
Cash
219,345
47,728
498,056
255,185
23,656
146,359
822
48,274
6,602
3,962
2,713
101,062
2,477
30,595
56,512
misc current assets
total current assets
3,390,033
4,597,798
2,741,530
2,365,142
2,137,137
2,676,372
1,880,883
2,047,000
1,622,438
1,519,329
1,228,122
933,346
429,376
92,056
208,306
total assets
3,390,033
4,597,798
2,741,530
2,365,142
2,137,137
2,676,372
1,880,883
2,047,000
1,622,438
1,519,329
1,228,122
933,346
429,376
92,056
208,306
Bank overdraft
Bank loan
Trade Creditors
1,453,271
1,169,653
873,126
370,864
28,883
158,149
Group/Directors Accounts
923,294
2,261,380
849,932
868,733
987,101
1,395,912
1,625,152
1,738,830
1,530,440
other short term finances
hp & lease commitments
other current liabilities
396,471
106,804
36,713
90,760
198,594
20,403
158,672
1,188
total current liabilities
1,319,765
2,368,184
886,645
959,493
987,101
1,594,506
1,645,555
1,897,502
1,531,628
1,453,271
1,169,653
873,126
370,864
28,883
158,149
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,319,765
2,368,184
886,645
959,493
987,101
1,594,506
1,645,555
1,897,502
1,531,628
1,453,271
1,169,653
873,126
370,864
28,883
158,149
net assets
2,070,268
2,229,614
1,854,885
1,405,649
1,150,036
1,081,866
235,328
149,498
90,810
66,058
58,469
60,220
58,512
63,173
50,157
total shareholders funds
2,070,268
2,229,614
1,854,885
1,405,649
1,150,036
1,081,866
235,328
149,498
90,810
66,058
58,469
60,220
58,512
63,173
50,157
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
240,654
462,552
554,337
315,571
84,160
1,044,557
105,840
73,291
30,914
9,590
-2,010
1,989
-4,744
17,860
69,437
Depreciation
Amortisation
Tax
-87,899
-105,376
-59,958
-15,990
-198,571
-20,133
-14,672
-6,188
-2,017
-539
-5,062
-19,482
Stock
Debtors
-1,379,382
2,306,596
133,517
-420,056
-416,532
649,952
-118,665
382,890
100,469
289,958
393,125
405,385
365,438
-90,333
151,794
Creditors
-1,453,271
283,618
296,527
502,262
341,981
-129,266
158,149
Accruals and Deferred Income
289,667
70,091
-54,047
-107,834
-198,594
178,191
-138,269
157,484
1,188
Deferred Taxes & Provisions
Cash flow from operations
1,909,703
-1,861,852
261,397
567,835
286,108
374,225
66,103
-166,787
-1,527,826
1,233
-98,608
98,327
-28,201
-26,135
56,310
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-1,338,086
1,411,448
-18,801
-527,179
-408,811
-229,240
-113,678
208,390
1,530,440
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
68,170
61
interest
76
275
552
123
69
26
17
259
259
83
218
141
cash flow from financing
-1,338,086
1,411,524
-18,526
-459,009
-408,811
-228,688
-113,555
208,459
1,530,466
17
259
259
83
218
202
cash and cash equivalents
cash
171,617
-450,328
242,871
108,826
-122,703
145,537
-47,452
41,672
2,640
1,249
-98,349
98,585
-28,118
-25,917
56,512
overdraft
change in cash
171,617
-450,328
242,871
108,826
-122,703
145,537
-47,452
41,672
2,640
1,249
-98,349
98,585
-28,118
-25,917
56,512
microgas systems 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 microgas systems limited. Get real-time insights into microgas systems limited's credit score, group structure and payment trends.
Perform a competitor analysis for microgas systems limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in RH1 area or any other competitors across 12 key performance metrics.
microgas systems limited Ownership
MICROGAS SYSTEMS LIMITED group structure
Microgas Systems Limited has no subsidiary companies.
The sole shareholder of Microgas Systems Limited is Uk Gas Technologies Ltd.
uk gas technologies ltd
100%
microgas systems limited directors
Microgas Systems Limited currently has 4 directors.
The longest serving directors include
Mr Gary Littlewood (Mar 1992) and
Mr Morgan O'Brien (Sep 2020).
5 polar drive, north gatwick gateway, salfords, surrey, RH1 5HW
Bank
-
Legal Advisor
-
microgas systems 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 3 charges/mortgages relating to microgas systems limited. Currently there are 0 open charges and 3 have been satisfied in the past.
microgas systems 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 MICROGAS SYSTEMS LIMITED. This can take several minutes, an email will notify you when this has completed.
microgas systems limitedCompanies House Filings - See Documents
