Pomanda estimates the enterprise value of MITCHELLSON PLANT HIRE LIMITED at £2.3m based on a Turnover of £7.7m and 0.3x industry multiple (adjusted for size and gross margin).
mitchellson plant hire limitedEstimated Valuation
£2.7m
Pomanda estimates the enterprise value of MITCHELLSON PLANT HIRE LIMITED at £2.7m based on an EBITDA of £900k and a 2.97x industry multiple (adjusted for size and gross margin).
mitchellson plant hire limitedEstimated Valuation
£6.9m
Pomanda estimates the enterprise value of MITCHELLSON PLANT HIRE LIMITED at £6.9m based on Net Assets of £3.2m and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mitchellson Plant Hire LimitedOverview
Mitchellson Plant Hire Limited is a live company located in stanwell road, SL3 9PF with a Companies House number of 02072365. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in November 1986, it's largest shareholder is
horton developments limited
with a 100% stake. Mitchellson Plant Hire Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£7.7m with
declining
growth in recent years.
Pomanda's financial health check has awarded Mitchellson Plant Hire Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
2 Regular
5 Weak
Size
annual sales of £7.7m, make it in line with the average company (£8m)
£7.7m - Mitchellson Plant Hire Limited
£8m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (11.7%)
-9% - Mitchellson Plant Hire Limited
11.7% - Industry AVG
Production
with a gross margin of 8.4%, this company has a higher cost of product (25%)
8.4% - Mitchellson Plant Hire Limited
25% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (6.2%)
3% - Mitchellson Plant Hire Limited
6.2% - Industry AVG
Employees
with 23 employees, this is below the industry average (32)
23 - Mitchellson Plant Hire Limited
32 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£50.3k)
£47.4k - Mitchellson Plant Hire Limited
£50.3k - Industry AVG
Efficiency
resulting in sales per employee of £335.5k, this is more efficient (£199.5k)
£335.5k - Mitchellson Plant Hire Limited
£199.5k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (52 days)
1 days - Mitchellson Plant Hire Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (36 days)
43 days - Mitchellson Plant Hire Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (11 days)
9 days - Mitchellson Plant Hire Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (20 weeks)
1 weeks - Mitchellson Plant Hire Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.5%, this is a lower level of debt than the average (60.2%)
39.5% - Mitchellson Plant Hire Limited
60.2% - Industry AVG
MITCHELLSON PLANT HIRE LIMITED financials
EXPORT
Mitchellson Plant Hire Limited's latest turnover from May 2024 is £7.7 million and the company has net assets of £3.2 million. According to their latest financial statements, Mitchellson Plant Hire Limited has 23 employees and maintains cash reserves of £38.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
7,715,870
8,958,213
9,124,348
10,185,564
10,552,502
13,614,031
13,736,285
6,293,453
4,321,417
5,521,728
3,975,030
5,904,740
7,383,933
6,077,364
15,491,883
Other Income Or Grants
Cost Of Sales
7,064,993
9,235,350
8,203,035
8,609,576
7,825,935
8,299,372
8,053,596
4,394,286
3,194,310
5,116,909
3,600,796
5,882,730
6,631,854
5,299,763
10,881,084
Gross Profit
650,877
-277,137
921,313
1,575,988
2,726,567
5,314,659
5,682,689
1,899,167
958,164
404,819
374,234
22,010
752,079
777,601
4,610,799
Admin Expenses
418,091
542,761
550,210
796,927
640,139
822,503
839,402
487,780
421,436
373,809
338,522
604,716
653,343
595,034
3,202,635
Operating Profit
232,786
-819,898
371,103
779,061
2,086,428
4,492,156
4,843,287
1,411,387
536,728
31,010
35,712
-582,706
98,736
182,567
1,408,164
Interest Payable
8,751
24,871
27,146
28,385
31,971
56,235
41,187
25,015
60,802
21,370
9,804
40,281
49,977
60,316
Interest Receivable
5,552
10,234
6,592
137
Pre-Tax Profit
224,035
-844,769
349,509
750,676
2,064,691
4,442,513
4,802,100
1,386,372
475,926
9,640
25,908
-622,987
42,179
122,251
1,408,301
Tax
-56,009
-171,340
-66,407
-142,628
-392,293
-844,077
-920,949
-251,644
-103,664
-2,073
404
177,277
10,599
-24,032
-394,324
Profit After Tax
168,026
-1,016,109
283,102
608,048
1,672,398
3,598,436
3,881,151
1,134,728
372,262
7,567
26,312
-445,710
52,778
98,219
1,013,977
Dividends Paid
250,000
840,000
3,460,000
1,140,000
1,500,000
750,000
144,166
Retained Profit
168,026
-1,016,109
33,102
-231,952
-1,787,602
2,458,436
2,381,151
384,728
372,262
7,567
26,312
-445,710
52,778
-45,947
1,013,977
Employee Costs
1,090,213
1,013,022
1,242,982
1,348,883
1,362,157
1,573,968
1,570,896
932,475
832,491
1,238,761
944,261
1,439,822
1,867,714
1,696,663
4,151,116
Number Of Employees
23
23
26
28
25
28
28
23
21
32
25
39
51
47
121
EBITDA*
900,046
-70,464
1,142,627
1,821,047
3,396,359
5,587,843
6,020,940
2,278,824
1,015,819
457,865
452,043
159,646
734,799
791,708
1,940,946
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
1,678,622
2,291,603
2,099,218
2,976,861
3,208,397
3,614,855
4,256,058
3,584,302
2,847,830
2,798,609
2,782,426
2,896,766
3,533,214
1,902,881
2,482,930
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,678,622
2,291,603
2,099,218
2,976,861
3,208,397
3,614,855
4,256,058
3,584,302
2,847,830
2,798,609
2,782,426
2,896,766
3,533,214
1,902,881
2,482,930
Stock & work in progress
176,989
140,211
132,772
122,439
109,394
85,795
214,521
99,461
91,920
73,699
56,862
65,712
488,133
103,092
58,584
Trade Debtors
40,033
74,879
177,668
181,627
229,782
263,524
80,959
426,684
381,896
148,480
170,191
267,917
128,612
90,104
2,362,647
Group Debtors
3,427,857
3,947,857
7,194,065
8,160,609
3,176,930
2,989,354
128,068
84,413
335,262
349,119
525,939
288,831
242,625
Misc Debtors
133,689
192,555
558,279
137,857
27,443
12,250
1,878
264
164,841
263,004
262,348
Cash
38,762
77,452
110,436
330,818
1,090,020
2,535,676
3,465,384
685,948
97,734
12,614
3,816
5,124
33,516
24,280
54,917
misc current assets
total current assets
3,683,641
4,374,088
7,807,496
9,353,772
4,743,983
5,874,349
3,916,375
1,308,756
571,550
571,933
580,252
1,029,533
1,202,096
722,449
2,476,148
total assets
5,362,263
6,665,691
9,906,714
12,330,633
7,952,380
9,489,204
8,172,433
4,893,058
3,419,380
3,370,542
3,362,678
3,926,299
4,735,310
2,625,330
4,959,078
Bank overdraft
78,287
29,583
16,404
Bank loan
Trade Creditors
836,834
624,615
337,425
782,870
469,204
1,108,383
571,254
354,592
1,216,843
333,714
498,767
245,422
615,129
370,019
3,166,261
Group/Directors Accounts
658,601
2,314,990
4,493,636
6,064,324
1,287,162
54,000
219,982
930,323
600,243
830,791
1,763,275
2,243,926
300,000
other short term finances
hp & lease commitments
43,744
165,486
412,325
469,828
498,684
629,462
896,130
472,116
332,068
91,703
37,887
293,437
326,555
other current liabilities
320,523
81,664
188,135
143,379
774,511
1,087,641
1,838,908
1,054,888
210,482
243,334
91,757
135,531
241,028
total current liabilities
1,859,702
3,186,755
5,431,521
7,460,401
3,029,561
2,879,486
3,526,274
2,811,919
1,216,843
1,476,507
1,742,882
2,167,924
3,288,023
1,254,006
3,166,261
loans
1,000,000
1,000,000
1,000,000
hp & lease commitments
43,744
195,232
547,832
413,730
336,019
796,095
551,294
332,197
67,334
81,821
181,759
160,821
Accruals and Deferred Income
other liabilities
1,164,773
441,313
provisions
260,542
361,199
189,859
265,400
220,137
197,145
231,946
292,878
185,525
81,861
80,052
80,456
223,720
221,473
316,527
total long term liabilities
260,542
404,943
385,091
813,232
633,867
533,164
1,028,041
844,172
1,350,298
1,414,058
1,147,386
1,162,277
405,479
382,294
757,840
total liabilities
2,120,244
3,591,698
5,816,612
8,273,633
3,663,428
3,412,650
4,554,315
3,656,091
2,567,141
2,890,565
2,890,268
3,330,201
3,693,502
1,636,300
3,924,101
net assets
3,242,019
3,073,993
4,090,102
4,057,000
4,288,952
6,076,554
3,618,118
1,236,967
852,239
479,977
472,410
596,098
1,041,808
989,030
1,034,977
total shareholders funds
3,242,019
3,073,993
4,090,102
4,057,000
4,288,952
6,076,554
3,618,118
1,236,967
852,239
479,977
472,410
596,098
1,041,808
989,030
1,034,977
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
232,786
-819,898
371,103
779,061
2,086,428
4,492,156
4,843,287
1,411,387
536,728
31,010
35,712
-582,706
98,736
182,567
1,408,164
Depreciation
667,260
749,434
771,524
1,041,986
1,309,931
1,095,687
1,177,653
867,437
479,091
426,855
416,331
742,352
636,063
609,141
532,782
Amortisation
Tax
-56,009
-171,340
-66,407
-142,628
-392,293
-844,077
-920,949
-251,644
-103,664
-2,073
404
177,277
10,599
-24,032
-394,324
Stock
36,778
7,439
10,333
13,045
23,599
-128,726
115,060
7,541
18,221
16,837
-8,850
-422,421
385,041
44,508
58,584
Debtors
-688,535
-3,407,863
-1,336,227
5,355,946
291,691
3,016,408
-286,877
141,451
-103,724
-33,954
-439,123
278,250
85,370
-1,767,570
2,362,647
Creditors
212,219
287,190
-445,445
313,666
-639,179
537,129
216,662
-862,251
883,129
-165,053
253,345
-369,707
245,110
-2,796,242
3,166,261
Accruals and Deferred Income
238,859
-106,471
44,756
-631,132
-313,130
-751,267
784,020
1,054,888
-210,482
-32,852
151,577
-43,774
-105,497
241,028
Deferred Taxes & Provisions
-100,657
171,340
-75,541
45,263
22,992
-34,801
-60,932
107,353
103,664
1,809
-404
-143,264
2,247
-95,054
316,527
Cash flow from operations
1,846,215
3,510,679
1,925,884
-3,962,775
1,759,459
1,607,145
6,211,558
2,178,178
1,773,969
276,813
1,304,938
-75,651
416,847
-159,530
2,608,179
Investing Activities
capital expenditure
-1,899,406
-1,603,909
-528,312
-443,038
-301,991
-105,904
-2,266,396
-29,092
-3,015,712
Change in Investments
cash flow from investments
-1,899,406
-1,603,909
-528,312
-443,038
-301,991
-105,904
-2,266,396
-29,092
-3,015,712
Financing Activities
Bank loans
Group/Directors Accounts
-1,656,389
-2,178,646
-1,570,688
4,777,162
1,233,162
-165,982
-710,341
930,323
-600,243
-230,548
-932,484
-480,651
1,943,926
300,000
Other Short Term Loans
Long term loans
-1,000,000
1,000,000
Hire Purchase and Lease Commitments
-165,486
-398,327
-410,103
105,246
-53,067
-726,744
668,815
1,023,410
-664,265
505,228
39,329
-355,488
-12,180
487,376
other long term liabilities
-1,164,773
1,164,773
-441,313
441,313
share issue
-150,000
21,000
interest
-8,751
-24,871
-21,594
-28,385
-21,737
-49,643
-41,187
-25,015
-60,802
-21,370
-9,804
-40,281
-49,977
-60,316
137
cash flow from financing
-1,830,626
-2,601,844
-2,002,385
4,854,023
1,158,358
-942,369
-82,713
763,945
-1,160,537
253,310
-1,052,959
123,580
1,881,769
285,747
462,450
cash and cash equivalents
cash
-38,690
-32,984
-220,382
-759,202
-1,445,656
-929,708
2,779,436
588,214
85,120
8,798
-1,308
-28,392
9,236
-30,637
54,917
overdraft
-78,287
48,704
29,583
-16,404
16,404
change in cash
-38,690
-32,984
-220,382
-759,202
-1,445,656
-929,708
2,779,436
588,214
85,120
87,085
-50,012
-57,975
25,640
-47,041
54,917
mitchellson plant hire 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 mitchellson plant hire limited. Get real-time insights into mitchellson plant hire limited's credit score, group structure and payment trends.
Mitchellson Plant Hire Limited Competitor Analysis
Perform a competitor analysis for mitchellson plant hire limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in SL3 area or any other competitors across 12 key performance metrics.
mitchellson plant hire limited Ownership
MITCHELLSON PLANT HIRE LIMITED group structure
Mitchellson Plant Hire Limited has no subsidiary companies.
Ultimate parent company
MITCHELLSON PLANT HIRE LIMITED
02072365
MITCHELLSON PLANT HIRE LIMITED Shareholders
The sole shareholder of Mitchellson Plant Hire Limited is Horton Developments Limited.
horton developments limited
100%
mitchellson plant hire limited directors
Mitchellson Plant Hire Limited currently has 4 directors.
The longest serving directors include
Mr Cornelius Mitchell (Jul 1991) and
Mr Martin Masterson (Jul 1991).
mitchellson plant hire 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 mitchellson plant hire limited. Currently there are 3 open charges and 0 have been satisfied in the past.
mitchellson plant hire 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 MITCHELLSON PLANT HIRE LIMITED. This can take several minutes, an email will notify you when this has completed.
mitchellson plant hire limitedCompanies House Filings - See Documents
