mds global ltd
mds global ltd Company Information
Company Number
02263085
Website
www.mdscem.comRegistered Address
suite 423 chadwick house, birchwood park, warrington, cheshire, WA3 6AE
Industry
Business and domestic software development
Other information technology and computer service activities
Telephone
01925462300
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
mds cem holdings ltd 100%
mds global ltd Estimated Valuation
Pomanda estimates the enterprise value of MDS GLOBAL LTD at £35.7m based on a Turnover of £21.1m and 1.69x industry multiple (adjusted for size and gross margin).
mds global ltd Estimated Valuation
Pomanda estimates the enterprise value of MDS GLOBAL LTD at £71.1m based on an EBITDA of £6.3m and a 11.33x industry multiple (adjusted for size and gross margin).
mds global ltd Estimated Valuation
Pomanda estimates the enterprise value of MDS GLOBAL LTD at £839.5k based on Net Assets of £2.1m and 0.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mds Global Ltd Overview
Mds Global Ltd is a live company located in warrington, WA3 6AE with a Companies House number of 02263085. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 1988, it's largest shareholder is mds cem holdings ltd with a 100% stake. Mds Global Ltd is a mature, large sized company, Pomanda has estimated its turnover at £21.1m with declining growth in recent years.
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Mds Global Ltd Health Check
Pomanda's financial health check has awarded Mds Global Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £21.1m, make it larger than the average company (£4.4m)
£21.1m - Mds Global Ltd
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (6.7%)
-7% - Mds Global Ltd
6.7% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (56.6%)
100% - Mds Global Ltd
56.6% - Industry AVG
Profitability
an operating margin of 27.4% make it more profitable than the average company (4.5%)
27.4% - Mds Global Ltd
4.5% - Industry AVG
Employees
with 109 employees, this is above the industry average (31)
109 - Mds Global Ltd
31 - Industry AVG
Pay Structure
on an average salary of £67.3k, the company has an equivalent pay structure (£62.5k)
£67.3k - Mds Global Ltd
£62.5k - Industry AVG
Efficiency
resulting in sales per employee of £193.2k, this is more efficient (£145.7k)
£193.2k - Mds Global Ltd
£145.7k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is near the average (59 days)
65 days - Mds Global Ltd
59 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mds Global Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mds Global Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (17 weeks)
22 weeks - Mds Global Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.8%, this is a higher level of debt than the average (62.1%)
73.8% - Mds Global Ltd
62.1% - Industry AVG
MDS GLOBAL LTD financials
Mds Global Ltd's latest turnover from December 2022 is £21.1 million and the company has net assets of £2.1 million. According to their latest financial statements, Mds Global Ltd has 109 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 21,056,214 | 25,855,807 | 26,054,962 | 25,875,504 | 23,300,342 | 23,861,000 | 21,863,000 | 23,808,000 | 22,107,000 | 22,832,000 | 23,886,000 | 24,293,000 | 24,773,000 | 22,647,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | |||||||||
| Gross Profit | 21,056,214 | 25,855,807 | 26,054,962 | 25,875,504 | 23,300,342 | |||||||||
| Admin Expenses | 15,287,402 | 16,987,973 | 20,691,074 | 23,828,955 | 20,806,303 | |||||||||
| Operating Profit | 5,768,812 | 8,867,834 | 5,363,888 | 2,046,549 | 2,494,039 | 457,000 | 349,000 | 1,677,000 | 1,550,000 | 1,637,000 | 4,595,000 | 2,287,000 | 3,632,000 | 3,418,000 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 | 32,000 | 94,000 |
| Interest Receivable | 0 | 0 | 4,615 | 55,974 | 44,930 | 43,000 | 19,000 | 31,000 | 21,000 | 36,000 | 12,000 | 38,000 | 18,000 | 1,000 |
| Pre-Tax Profit | -4,946,890 | 8,867,834 | 5,368,503 | 2,102,523 | 2,538,969 | 500,000 | 368,000 | 1,708,000 | 1,571,000 | 1,673,000 | 4,607,000 | 2,320,000 | 3,618,000 | 3,325,000 |
| Tax | -1,117,564 | -1,140,427 | -832,370 | 54,762 | 775,000 | 0 | 40,000 | 77,000 | 217,000 | -2,000 | -264,000 | 491,000 | -36,000 | -102,000 |
| Profit After Tax | -6,064,454 | 7,727,407 | 4,536,133 | 2,157,285 | 3,313,969 | 500,000 | 408,000 | 1,785,000 | 1,788,000 | 1,671,000 | 4,343,000 | 2,811,000 | 3,582,000 | 3,223,000 |
| Dividends Paid | 0 | 4,500,000 | 2,500,000 | 13,000,000 | 0 | 300,000 | 975,000 | 1,000,000 | 0 | 0 | 0 | 11,250,000 | 10,600,000 | 0 |
| Retained Profit | -6,064,454 | 3,227,407 | 2,036,133 | -10,842,715 | 3,313,969 | 200,000 | -567,000 | 785,000 | 1,788,000 | 1,671,000 | 4,343,000 | -8,439,000 | -7,018,000 | 3,223,000 |
| Employee Costs | 7,339,531 | 8,763,447 | 11,424,186 | 13,403,966 | 13,494,841 | 13,653,000 | 12,120,000 | 11,926,000 | 10,928,000 | 10,498,000 | 9,669,000 | 11,509,000 | 11,564,000 | 10,723,000 |
| Number Of Employees | 109 | 131 | 176 | 213 | 217 | 223 | 224 | 220 | 207 | 219 | 199 | 260 | 252 | 245 |
| EBITDA* | 6,273,911 | 9,501,985 | 6,377,315 | 3,519,920 | 2,494,039 | 1,762,000 | 1,288,000 | 2,603,000 | 2,570,000 | 2,456,000 | 5,381,000 | 3,060,000 | 4,927,000 | 4,544,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 194,538 | 497,789 | 999,284 | 1,419,890 | 1,797,000 | 2,108,000 | 2,390,000 | 2,303,000 | 2,913,000 | 2,531,000 | 1,698,000 | 1,311,000 | 1,665,000 |
| Intangible Assets | 0 | 306,266 | 637,166 | 1,122,386 | 1,364,266 | 1,097,000 | 1,568,000 | 1,389,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 2 | 3 | 3 | 3 | 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 | 0 | 500,806 | 1,134,958 | 2,121,673 | 2,784,159 | 2,894,000 | 3,676,000 | 3,779,000 | 2,303,000 | 2,913,000 | 2,531,000 | 1,698,000 | 1,311,000 | 1,665,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,798,130 | 2,731,940 | 4,057,255 | 6,605,175 | 5,597,448 | 5,171,000 | 5,746,000 | 3,571,000 | 4,229,000 | 6,147,000 | 2,535,000 | 6,326,000 | 4,485,000 | 3,824,000 |
| Group Debtors | 58,883 | 9,183,253 | 6,212,670 | 68,567 | 41,942 | 928,000 | 113,000 | 30,000 | 925,000 | 486,000 | 4,954,000 | 1,681,000 | 289,000 | 10,858,000 |
| Misc Debtors | 1,599,711 | 2,556,299 | 2,082,715 | 3,105,050 | 3,116,726 | 2,772,000 | 2,395,000 | 3,361,000 | 1,511,000 | 1,402,000 | 1,822,000 | 1,775,000 | 683,000 | 831,000 |
| Cash | 2,574,664 | 437,472 | 204,641 | 2,252,179 | 9,361,889 | 5,098,000 | 2,846,000 | 5,484,000 | 4,843,000 | 1,109,000 | 4,271,000 | 2,295,000 | 7,177,000 | 4,245,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,031,388 | 14,908,964 | 12,557,281 | 12,030,971 | 18,118,005 | 13,969,000 | 11,100,000 | 12,446,000 | 11,508,000 | 9,144,000 | 13,582,000 | 12,077,000 | 12,634,000 | 19,758,000 |
| total assets | 8,031,388 | 15,409,770 | 13,692,239 | 14,152,644 | 20,902,164 | 16,863,000 | 14,776,000 | 16,225,000 | 13,811,000 | 12,057,000 | 16,113,000 | 13,775,000 | 13,945,000 | 21,423,000 |
| Bank overdraft | 0 | 0 | 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 | 0 | 0 |
| Trade Creditors | 445,118 | 488,982 | 637,113 | 1,185,142 | 1,216,408 | 738,000 | 543,000 | 1,028,000 | 649,000 | 645,000 | 1,017,000 | 1,154,000 | 628,000 | 537,000 |
| Group/Directors Accounts | 922,975 | 442,723 | 270,717 | 660,331 | 3 | 28,000 | 1,000 | 0 | 23,000 | 6,000 | 6,591,000 | 8,636,000 | 0 | 250,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 102,560 | 206,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 580,000 |
| other current liabilities | 4,561,124 | 5,690,744 | 6,603,807 | 7,542,014 | 5,837,393 | 5,357,000 | 4,000,000 | 4,398,000 | 3,125,000 | 3,180,000 | 1,950,000 | 1,773,000 | 2,666,000 | 2,387,000 |
| total current liabilities | 5,929,217 | 6,622,449 | 7,511,637 | 9,387,487 | 7,156,364 | 6,329,000 | 4,544,000 | 5,426,000 | 3,797,000 | 3,831,000 | 9,558,000 | 11,563,000 | 3,294,000 | 3,754,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 102,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 620,696 | 1,241,384 | 1,862,072 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 620,696 | 1,241,384 | 1,862,072 | 0 | 102,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,929,217 | 7,243,145 | 8,753,021 | 11,249,559 | 7,156,364 | 6,431,000 | 4,544,000 | 5,426,000 | 3,797,000 | 3,831,000 | 9,558,000 | 11,563,000 | 3,294,000 | 3,754,000 |
| net assets | 2,102,171 | 8,166,625 | 4,939,218 | 2,903,085 | 13,745,800 | 10,432,000 | 10,232,000 | 10,799,000 | 10,014,000 | 8,226,000 | 6,555,000 | 2,212,000 | 10,651,000 | 17,669,000 |
| total shareholders funds | 2,102,171 | 8,166,625 | 4,939,218 | 2,903,085 | 13,745,800 | 10,432,000 | 10,232,000 | 10,799,000 | 10,014,000 | 8,226,000 | 6,555,000 | 2,212,000 | 10,651,000 | 17,669,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 5,768,812 | 8,867,834 | 5,363,888 | 2,046,549 | 2,494,039 | 457,000 | 349,000 | 1,677,000 | 1,550,000 | 1,637,000 | 4,595,000 | 2,287,000 | 3,632,000 | 3,418,000 |
| Depreciation | 198,833 | 303,251 | 528,207 | 707,280 | 1,305,000 | 939,000 | 926,000 | 1,020,000 | 819,000 | 786,000 | 773,000 | 1,295,000 | 1,126,000 | |
| Amortisation | 306,266 | 330,900 | 485,220 | 766,091 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -1,117,564 | -1,140,427 | -832,370 | 54,762 | 775,000 | 0 | 40,000 | 77,000 | 217,000 | -2,000 | -264,000 | 491,000 | -36,000 | -102,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -9,014,768 | 2,118,852 | 2,573,848 | 1,022,676 | -114,884 | 617,000 | 1,292,000 | 297,000 | -1,370,000 | -1,276,000 | -471,000 | 4,325,000 | -10,056,000 | 15,513,000 |
| Creditors | -43,864 | -148,131 | -548,029 | -31,266 | 478,408 | 195,000 | -485,000 | 379,000 | 4,000 | -372,000 | -137,000 | 526,000 | 91,000 | 537,000 |
| Accruals and Deferred Income | -1,750,316 | -1,533,751 | -1,558,895 | 3,566,693 | 480,393 | 1,357,000 | -398,000 | 1,273,000 | -55,000 | 1,230,000 | 177,000 | -893,000 | 279,000 | 2,387,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 12,376,935 | 4,560,824 | 864,173 | 6,087,433 | 2,697,000 | -847,000 | 4,035,000 | 4,106,000 | 4,588,000 | 5,628,000 | -1,141,000 | 15,317,000 | -8,147,000 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -2 | -1 | 0 | 0 | 3 | 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 | 0 | 0 |
| Group/Directors Accounts | 480,252 | 172,006 | -389,614 | 660,328 | -27,997 | 27,000 | 1,000 | -23,000 | 17,000 | -6,585,000 | -2,045,000 | 8,636,000 | -250,000 | 250,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -102,560 | -205,440 | 308,000 | 0 | 0 | 0 | 0 | 0 | 0 | -580,000 | 580,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 4,615 | 55,974 | 44,930 | 43,000 | 19,000 | 31,000 | 21,000 | 36,000 | 12,000 | 33,000 | -14,000 | -93,000 |
| cash flow from financing | 480,252 | 172,006 | -384,999 | 613,742 | -188,676 | 378,000 | 20,000 | 8,000 | 38,000 | -6,549,000 | -2,033,000 | 8,669,000 | -844,000 | 15,183,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 2,137,192 | 232,831 | -2,047,538 | -7,109,710 | 4,263,889 | 2,252,000 | -2,638,000 | 641,000 | 3,734,000 | -3,162,000 | 1,976,000 | -4,882,000 | 2,932,000 | 4,245,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,137,192 | 232,831 | -2,047,538 | -7,109,710 | 4,263,889 | 2,252,000 | -2,638,000 | 641,000 | 3,734,000 | -3,162,000 | 1,976,000 | -4,882,000 | 2,932,000 | 4,245,000 |
mds global ltd Credit Report and Business Information
Mds Global Ltd Competitor Analysis
Perform a competitor analysis for mds global ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in WA3 area or any other competitors across 12 key performance metrics.
mds global ltd Ownership
MDS GLOBAL LTD group structure
Mds Global Ltd has 2 subsidiary companies.
Ultimate parent company
LUMINE GROUP INC.
#0134882
2 parents
MDS GLOBAL LTD
02263085
2 subsidiaries
mds global ltd directors
Mds Global Ltd currently has 4 directors. The longest serving directors include Mrs Birgit Troy (Jul 2019) and Mr Brian Beattie (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Birgit Troy | 50 years | Jul 2019 | - | Director | |
| Mr Brian Beattie | 57 years | Jul 2019 | - | Director | |
| Mr David Nyland | England | 57 years | Jul 2019 | - | Director |
| Mr David Nyland | England | 57 years | Jul 2019 | - | Director |
P&L
December 2022turnover
21.1m
-19%
operating profit
5.8m
-35%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.1m
-0.74%
total assets
8m
-0.48%
cash
2.6m
+4.89%
net assets
Total assets minus all liabilities
Similar Companies
mds global ltd company details
company number
02263085
Type
Private limited with Share Capital
industry
62030 - Computer facilities management activities
62012 - Business and domestic software development
62090 - Other information technology and computer service activities
incorporation date
May 1988
age
36
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
martin dawes systems limited (June 2018)
dawes information systems engineering limited (April 1997)
last accounts submitted
December 2022
address
suite 423 chadwick house, birchwood park, warrington, cheshire, WA3 6AE
accountant
-
auditor
LANGTONS PROFESSIONAL SERVICES LIMITED
mds global ltd 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 mds global ltd. Currently there are 1 open charges and 5 have been satisfied in the past.
mds global ltd Companies House Filings - See Documents
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