Pomanda estimates the enterprise value of MAGNETEC LIMITED at £608.1k based on a Turnover of £1.2m and 0.51x industry multiple (adjusted for size and gross margin).
magnetec limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MAGNETEC LIMITED at £0 based on an EBITDA of £-52k and a 3.76x industry multiple (adjusted for size and gross margin).
magnetec limitedEstimated Valuation
£369k
Pomanda estimates the enterprise value of MAGNETEC LIMITED at £369k based on Net Assets of £154.1k and 2.39x industry multiple (adjusted for liquidity).
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Magnetec LimitedOverview
Magnetec Limited is a live company located in portsmouth, PO6 1SU with a Companies House number of 01940441. It operates in the freight transport by road sector, SIC Code 49410. Founded in August 1985, it's largest shareholder is
kevin leonard matchan
with a 100% stake. Magnetec Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Magnetec Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
3 Regular
6 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£8.7m)
£1.2m - Magnetec Limited
£8.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (8.9%)
6% - Magnetec Limited
8.9% - Industry AVG
Production
with a gross margin of 22.9%, this company has a comparable cost of product (22.9%)
22.9% - Magnetec Limited
22.9% - Industry AVG
Profitability
an operating margin of -4.5% make it less profitable than the average company (4.7%)
-4.5% - Magnetec Limited
4.7% - Industry AVG
Employees
with 19 employees, this is below the industry average (58)
19 - Magnetec Limited
58 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
£40.9k - Magnetec Limited
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £63k, this is less efficient (£133.5k)
£63k - Magnetec Limited
£133.5k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is near the average (52 days)
49 days - Magnetec Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (32 days)
5 days - Magnetec Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Magnetec Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 39 weeks, this is more cash available to meet short term requirements (12 weeks)
39 weeks - Magnetec Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.9%, this is a lower level of debt than the average (60.8%)
40.9% - Magnetec Limited
60.8% - Industry AVG
MAGNETEC LIMITED financials
EXPORT
Magnetec Limited's latest turnover from June 2024 is estimated at £1.2 million and the company has net assets of £154.1 thousand. According to their latest financial statements, Magnetec Limited has 19 employees and maintains cash reserves of £80.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Turnover
1,197,795
1,360,884
1,154,310
1,016,527
990,002
1,116,058
1,116,240
1,176,956
1,120,577
1,135,622
1,109,821
1,313,854
1,215,311
1,333,343
1,548,430
Other Income Or Grants
Cost Of Sales
923,101
1,065,489
907,010
803,362
790,843
896,366
895,695
934,679
891,772
918,268
901,329
1,070,934
987,524
1,071,735
1,212,805
Gross Profit
274,694
295,395
247,300
213,165
199,158
219,692
220,545
242,277
228,805
217,354
208,492
242,920
227,787
261,608
335,625
Admin Expenses
328,975
300,709
201,183
171,527
216,170
239,620
237,723
238,244
205,925
148,715
132,411
246,746
171,198
235,488
352,213
Operating Profit
-54,281
-5,314
46,117
41,638
-17,012
-19,928
-17,178
4,033
22,880
68,639
76,081
-3,826
56,589
26,120
-16,588
Interest Payable
Interest Receivable
4,335
5,577
1,469
94
77
929
659
152
200
159
68
2
2
7
6
Pre-Tax Profit
-49,946
263
47,585
41,732
-16,935
-18,999
-16,519
4,185
23,080
68,798
76,149
-3,824
56,591
26,127
-16,582
Tax
-66
-9,041
-7,929
-795
-4,616
-13,759
-15,991
-13,582
-6,793
Profit After Tax
-49,946
197
38,544
33,803
-16,935
-18,999
-16,519
3,390
18,464
55,038
60,158
-3,824
43,009
19,334
-16,582
Dividends Paid
Retained Profit
-49,946
197
38,544
33,803
-16,935
-18,999
-16,519
3,390
18,464
55,038
60,158
-3,824
43,009
19,334
-16,582
Employee Costs
776,202
791,267
679,285
589,598
651,150
611,893
558,503
515,839
315,438
310,050
299,079
357,502
350,909
374,277
453,071
Number Of Employees
19
20
18
17
19
18
17
16
10
10
10
12
12
13
16
EBITDA*
-52,015
-2,795
48,861
43,950
-14,911
-17,532
-14,677
6,162
24,388
70,440
76,650
-3,826
56,589
26,120
-16,588
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Tangible Assets
9,070
11,336
12,336
10,384
9,491
9,582
11,028
10,202
10,189
7,319
8,777
2,847
2,384
679
1
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
9,070
11,336
12,336
10,384
9,491
9,582
11,028
10,202
10,189
7,319
8,777
2,847
2,384
679
1
Stock & work in progress
Trade Debtors
161,233
197,939
172,888
155,613
110,723
167,931
186,960
216,626
245,113
223,539
199,022
208,898
202,757
199,953
223,100
Group Debtors
Misc Debtors
10,156
10,282
9,522
8,697
6,521
11,082
24,426
37,477
36,520
Cash
80,249
84,905
138,175
96,798
90,990
62,604
185,067
78,335
43,438
36,653
26,796
588
250
411
2,247
misc current assets
total current assets
251,638
293,126
320,585
261,108
208,234
241,617
396,453
332,438
325,071
260,192
225,818
209,486
203,007
200,364
225,347
total assets
260,708
304,462
332,921
271,492
217,725
251,199
407,481
342,640
335,260
267,511
234,595
212,333
205,391
201,043
225,348
Bank overdraft
Bank loan
Trade Creditors
13,951
20,880
29,304
26,837
20,059
32,700
35,780
43,529
65,290
104,103
125,744
165,107
154,630
193,291
236,930
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
92,623
77,348
97,390
77,343
66,130
70,028
202,271
113,304
87,488
total current liabilities
106,574
98,228
126,694
104,180
86,189
102,728
238,051
156,833
152,778
104,103
125,744
165,107
154,630
193,291
236,930
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
2,154
2,344
1,973
1,960
1,818
1,883
1,275
1,756
289
total long term liabilities
2,154
2,344
1,973
1,960
1,818
1,883
1,275
1,756
289
total liabilities
106,574
100,382
129,038
106,153
86,189
102,728
240,011
158,651
154,661
105,378
127,500
165,396
154,630
193,291
236,930
net assets
154,134
204,080
203,883
165,339
131,536
148,471
167,470
183,989
180,599
162,133
107,095
46,937
50,761
7,752
-11,582
total shareholders funds
154,134
204,080
203,883
165,339
131,536
148,471
167,470
183,989
180,599
162,133
107,095
46,937
50,761
7,752
-11,582
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Operating Activities
Operating Profit
-54,281
-5,314
46,117
41,638
-17,012
-19,928
-17,178
4,033
22,880
68,639
76,081
-3,826
56,589
26,120
-16,588
Depreciation
2,266
2,519
2,744
2,312
2,101
2,396
2,501
2,129
1,508
1,801
569
Amortisation
Tax
-66
-9,041
-7,929
-795
-4,616
-13,759
-15,991
-13,582
-6,793
Stock
Debtors
-36,832
25,811
18,100
47,066
-61,769
-32,373
-42,717
-27,530
58,094
24,517
-9,876
6,141
2,804
-23,147
223,100
Creditors
-6,929
-8,424
2,467
6,778
-12,641
-3,080
-7,749
-21,761
-38,813
-21,641
-39,363
10,477
-38,661
-43,639
236,930
Accruals and Deferred Income
15,275
-20,042
20,047
11,213
-3,898
-132,243
88,967
25,816
87,488
Deferred Taxes & Provisions
-2,154
-190
371
1,973
-1,960
142
-65
608
-481
1,467
289
Cash flow from operations
-8,991
-57,328
44,605
8,919
30,319
-122,442
109,400
36,887
10,961
10,042
32,639
799
1,542
-1,165
-2,758
Investing Activities
capital expenditure
-1,519
-4,696
-3,205
-2,010
-950
-3,327
-2,142
-4,378
-343
-6,499
-463
-1,705
-678
-1
Change in Investments
cash flow from investments
-1,519
-4,696
-3,205
-2,010
-950
-3,327
-2,142
-4,378
-343
-6,499
-463
-1,705
-678
-1
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2
5,000
interest
4,335
5,577
1,469
94
77
929
659
152
200
159
68
2
2
7
6
cash flow from financing
4,335
5,577
1,469
94
77
929
659
152
202
159
68
2
2
7
5,006
cash and cash equivalents
cash
-4,656
-53,270
41,377
5,808
28,386
-122,463
106,732
34,897
6,785
9,857
26,208
338
-161
-1,836
2,247
overdraft
change in cash
-4,656
-53,270
41,377
5,808
28,386
-122,463
106,732
34,897
6,785
9,857
26,208
338
-161
-1,836
2,247
magnetec 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 magnetec limited. Get real-time insights into magnetec limited's credit score, group structure and payment trends.
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magnetec limited Ownership
MAGNETEC LIMITED group structure
Magnetec Limited has no subsidiary companies.
Ultimate parent company
MAGNETEC LIMITED
01940441
MAGNETEC LIMITED Shareholders
The largest shareholders in Magnetec Limited include Kevin Leonard Matchan and Kkm (Hampshire) Limited.
kevin leonard matchan
99.96%
kkm (hampshire) limited
0.04%
magnetec limited directors
Magnetec Limited currently has 1 director, Mr Kevin Matchan serving since Dec 1992.
kkm buildings, old reservoir road, portsmouth, hampshire, PO6 1SU
Bank
HSBC BANK PLC
Legal Advisor
-
magnetec 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 magnetec limited. Currently there are 0 open charges and 1 have been satisfied in the past.
magnetec 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 MAGNETEC LIMITED. This can take several minutes, an email will notify you when this has completed.
magnetec limitedCompanies House Filings - See Documents
