mecanex limited
mecanex limited Company Information
Company Number
02235901
Next Accounts
Feb 2025
Shareholders
mr brian wilson
mr alan john godden
View AllGroup Structure
View All
Industry
Manufacture of plastics in primary forms
Registered Address
fairfax house, 6a mill field road, bingley, west yorkshire, BD16 1PY
Website
mpmbradford.co.ukmecanex limited Estimated Valuation
Pomanda estimates the enterprise value of MECANEX LIMITED at £1.1k based on a Turnover of £2.2k and 0.5x industry multiple (adjusted for size and gross margin).
mecanex limited Estimated Valuation
Pomanda estimates the enterprise value of MECANEX LIMITED at £0 based on an EBITDA of £-47.9k and a 3.95x industry multiple (adjusted for size and gross margin).
mecanex limited Estimated Valuation
Pomanda estimates the enterprise value of MECANEX LIMITED at £49.4k based on Net Assets of £24.9k and 1.98x industry multiple (adjusted for liquidity).
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Mecanex Limited Overview
Mecanex Limited is a dissolved company that was located in bingley, BD16 1PY with a Companies House number of 02235901. It operated in the manufacture of plastics in primary forms sector, SIC Code 20160. Founded in March 1988, it's largest shareholder was mr brian wilson with a 33.3% stake. The last turnover for Mecanex Limited was estimated at £2.2k.
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Mecanex Limited Health Check
Pomanda's financial health check has awarded Mecanex 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
2 Strong
3 Regular
5 Weak
Size
annual sales of £2.2k, make it smaller than the average company (£26.4m)
- Mecanex Limited
£26.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -62%, show it is growing at a slower rate (4.1%)
- Mecanex Limited
4.1% - Industry AVG
Production
with a gross margin of 20.6%, this company has a comparable cost of product (20.6%)
- Mecanex Limited
20.6% - Industry AVG
Profitability
an operating margin of -2202% make it less profitable than the average company (5.3%)
- Mecanex Limited
5.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (79)
- Mecanex Limited
79 - Industry AVG
Pay Structure
on an average salary of £43.8k, the company has an equivalent pay structure (£43.8k)
- Mecanex Limited
£43.8k - Industry AVG
Efficiency
resulting in sales per employee of £2.2k, this is less efficient (£302.2k)
- Mecanex Limited
£302.2k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (48 days)
- Mecanex Limited
48 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mecanex Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mecanex Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 671 weeks, this is more cash available to meet short term requirements (11 weeks)
671 weeks - Mecanex Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.8%, this is a lower level of debt than the average (42.5%)
5.8% - Mecanex Limited
42.5% - Industry AVG
MECANEX LIMITED financials
Mecanex Limited's latest turnover from June 2020 is estimated at £2.2 thousand and the company has net assets of £24.9 thousand. According to their latest financial statements, we estimate that Mecanex Limited has 1 employee and maintains cash reserves of £19.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Dec 2015 | Dec 2014 | Nov 2013 | Nov 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 3 | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Dec 2015 | Dec 2014 | Nov 2013 | Nov 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 103 | 122 | 311 | 166,665 | 167,968 | 169,417 | 170,794 | 172,224 | 173,723 | 175,374 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 103 | 122 | 311 | 166,665 | 167,968 | 169,417 | 170,794 | 172,224 | 173,723 | 175,374 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 290 | 2,000 | 0 | 5,817 | 5,817 | 407 | 2,300 | 2,757 | 3,172 | 5,203 | 12,025 | 27,198 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,432 | 161,817 | 161,817 | 161,000 | 169,483 | 400 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 19,745 | 4,454 | 6,176 | 3,999 | 9,429 | 1,704 | 0 | 0 | 39 | 1,662 | 17,545 | 7,917 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 26,467 | 168,271 | 167,993 | 170,816 | 184,729 | 2,511 | 2,300 | 2,757 | 3,211 | 6,865 | 29,570 | 35,115 |
| total assets | 26,467 | 168,271 | 168,096 | 170,938 | 185,040 | 169,176 | 170,268 | 172,174 | 174,005 | 179,089 | 203,293 | 210,489 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 997 | 1,589 | 22,059 | 24,186 | 22,403 | 15,272 | 18,981 | 12,743 |
| Group/Directors Accounts | 0 | 82,437 | 76,437 | 63,449 | 56,665 | 4,165 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,529 | 13,001 | 12,187 | 12,070 | 16,091 | 15,167 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,529 | 95,438 | 88,624 | 75,519 | 73,753 | 20,921 | 22,059 | 24,186 | 22,403 | 15,272 | 18,981 | 12,743 |
| loans | 0 | 0 | 0 | 0 | 0 | 3,086 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 7,048 | 14,888 | 21,903 | 28,148 | 34,767 | 41,195 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 3,086 | 7,048 | 14,888 | 21,903 | 28,148 | 34,767 | 41,195 |
| total liabilities | 1,529 | 95,438 | 88,624 | 75,519 | 73,753 | 24,007 | 29,107 | 39,074 | 44,306 | 43,420 | 53,748 | 53,938 |
| net assets | 24,938 | 72,833 | 79,472 | 95,419 | 111,287 | 145,169 | 141,161 | 133,100 | 129,699 | 135,669 | 149,545 | 156,551 |
| total shareholders funds | 24,938 | 72,833 | 79,472 | 95,419 | 111,287 | 145,169 | 141,161 | 133,100 | 129,699 | 135,669 | 149,545 | 156,551 |
| Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Dec 2015 | Dec 2014 | Nov 2013 | Nov 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 0 | 103 | 19 | 21 | 80 | 1,303 | 1,449 | 1,377 | 1,430 | 1,499 | 1,651 | 1,800 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -157,095 | 2,000 | -5,000 | -8,483 | 174,493 | -1,493 | -457 | -415 | -2,031 | -6,822 | -15,173 | 27,198 |
| Creditors | 0 | 0 | 0 | -997 | -592 | -20,470 | -2,127 | 1,783 | 7,131 | -3,709 | 6,238 | 12,743 |
| Accruals and Deferred Income | -11,472 | 814 | 117 | -4,021 | 924 | 15,167 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -82,437 | 6,000 | 12,988 | 6,784 | 52,500 | 4,165 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -3,086 | 3,086 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -7,048 | -7,840 | -7,015 | -6,245 | -6,619 | -6,428 | 41,195 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 15,291 | -1,722 | 2,177 | -5,430 | 7,725 | 1,704 | 0 | -39 | -1,623 | -15,883 | 9,628 | 7,917 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 15,291 | -1,722 | 2,177 | -5,430 | 7,725 | 1,704 | 0 | -39 | -1,623 | -15,883 | 9,628 | 7,917 |
mecanex limited Credit Report and Business Information
Mecanex Limited Competitor Analysis
Perform a competitor analysis for mecanex limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in BD16 area or any other competitors across 12 key performance metrics.
mecanex limited Ownership
MECANEX LIMITED group structure
Mecanex Limited has no subsidiary companies.
Ultimate parent company
MECANEX LIMITED
02235901
mecanex limited directors
Mecanex Limited currently has 3 directors. The longest serving directors include Mrs Susan Wilson (Mar 1991) and Mr Brian Wilson (Mar 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Susan Wilson | 71 years | Mar 1991 | - | Director | |
| Mr Brian Wilson | 75 years | Mar 1991 | - | Director | |
| Mr Alan Godden | 64 years | Apr 1992 | - | Director |
P&L
June 2020turnover
2.2k
-85%
operating profit
-47.9k
0%
gross margin
20.7%
+2.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2020net assets
24.9k
-0.66%
total assets
26.5k
-0.84%
cash
19.7k
+3.43%
net assets
Total assets minus all liabilities
Similar Companies
mecanex limited company details
company number
02235901
Type
Private limited with Share Capital
industry
20160 - Manufacture of plastics in primary forms
incorporation date
March 1988
age
37
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2020
previous names
N/A
accountant
WILKINSON & PARTNERS
auditor
-
address
fairfax house, 6a mill field road, bingley, west yorkshire, BD16 1PY
Bank
-
Legal Advisor
-
mecanex 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 6 charges/mortgages relating to mecanex limited. Currently there are 4 open charges and 2 have been satisfied in the past.
mecanex 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 MECANEX LIMITED. This can take several minutes, an email will notify you when this has completed.
mecanex limited Companies House Filings - See Documents
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