magneco metrel u.k. limited
magneco metrel u.k. limited Company Information
Company Number
02501896
Next Accounts
Sep 2025
Shareholders
magneco metrel inc
Group Structure
View All
Industry
Manufacture of other ceramic products
Registered Address
hackworth ind park, shildon, county durham, DL4 1HG
Website
www.magneco-metrel.commagneco metrel u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of MAGNECO METREL U.K. LIMITED at £24.6m based on a Turnover of £13.2m and 1.86x industry multiple (adjusted for size and gross margin).
magneco metrel u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of MAGNECO METREL U.K. LIMITED at £4.4m based on an EBITDA of £762.6k and a 5.79x industry multiple (adjusted for size and gross margin).
magneco metrel u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of MAGNECO METREL U.K. LIMITED at £10m based on Net Assets of £3.9m and 2.58x industry multiple (adjusted for liquidity).
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Magneco Metrel U.k. Limited Overview
Magneco Metrel U.k. Limited is a live company located in county durham, DL4 1HG with a Companies House number of 02501896. It operates in the manufacture of other ceramic products n.e.c. sector, SIC Code 23490. Founded in May 1990, it's largest shareholder is magneco metrel inc with a 100% stake. Magneco Metrel U.k. Limited is a mature, mid sized company, Pomanda has estimated its turnover at £13.2m with healthy growth in recent years.
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Magneco Metrel U.k. Limited Health Check
Pomanda's financial health check has awarded Magneco Metrel U.K. Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £13.2m, make it in line with the average company (£16m)
£13.2m - Magneco Metrel U.k. Limited
£16m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (6.7%)
5% - Magneco Metrel U.k. Limited
6.7% - Industry AVG
Production
with a gross margin of 38%, this company has a lower cost of product (30.7%)
38% - Magneco Metrel U.k. Limited
30.7% - Industry AVG
Profitability
an operating margin of 5.1% make it more profitable than the average company (3.5%)
5.1% - Magneco Metrel U.k. Limited
3.5% - Industry AVG
Employees
with 24 employees, this is below the industry average (62)
24 - Magneco Metrel U.k. Limited
62 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£36.9k)
£34.9k - Magneco Metrel U.k. Limited
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £550.7k, this is more efficient (£175.8k)
£550.7k - Magneco Metrel U.k. Limited
£175.8k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (40 days)
24 days - Magneco Metrel U.k. Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 176 days, this is slower than average (29 days)
176 days - Magneco Metrel U.k. Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 107 days, this is in line with average (98 days)
107 days - Magneco Metrel U.k. Limited
98 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 53 weeks, this is more cash available to meet short term requirements (5 weeks)
53 weeks - Magneco Metrel U.k. Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.2%, this is a higher level of debt than the average (45.5%)
55.2% - Magneco Metrel U.k. Limited
45.5% - Industry AVG
MAGNECO METREL U.K. LIMITED financials
Magneco Metrel U.K. Limited's latest turnover from December 2023 is £13.2 million and the company has net assets of £3.9 million. According to their latest financial statements, Magneco Metrel U.K. Limited has 24 employees and maintains cash reserves of £4.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 13,216,972 | 13,010,686 | 12,576,927 | 11,345,638 | 13,730,157 | 11,932,731 | 11,551,307 | 7,971,492 | 5,050,046 | 5,591,232 | 4,401,180 | ||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 8,200,878 | 8,900,474 | 8,326,029 | 7,171,495 | 8,799,478 | 8,039,004 | 7,420,792 | 5,452,495 | 3,565,473 | 3,595,426 | 3,176,538 | ||||
| Gross Profit | 5,016,094 | 4,110,212 | 4,250,898 | 4,174,143 | 4,930,679 | 3,893,727 | 4,130,515 | 2,518,997 | 1,484,573 | 1,995,806 | 1,224,642 | ||||
| Admin Expenses | 4,347,097 | 2,012,730 | 2,503,972 | 2,267,372 | 3,481,232 | 2,046,640 | 1,832,345 | 1,177,054 | 1,153,173 | 1,372,756 | 1,603,080 | ||||
| Operating Profit | 668,997 | 2,097,482 | 1,746,926 | 1,906,771 | 1,449,447 | 1,847,087 | 2,298,170 | 1,341,943 | 331,400 | 623,050 | -378,438 | ||||
| Interest Payable | 5 | 1 | 129 | 157 | 125 | 209 | 264 | 2,474 | 729 | ||||||
| Interest Receivable | 57,069 | 15,279 | 85 | 392 | 292 | 163 | 14 | 4,857 | 16 | 9 | |||||
| Pre-Tax Profit | 726,061 | 2,112,761 | 1,746,925 | 1,906,727 | 1,449,682 | 1,847,254 | 2,298,333 | 1,167,458 | 335,993 | 620,592 | -379,158 | ||||
| Tax | -190,383 | -392,619 | -340,092 | -360,770 | -276,975 | -347,431 | -469,368 | -240,262 | -93,639 | -79,081 | 762 | ||||
| Profit After Tax | 535,678 | 1,720,142 | 1,406,833 | 1,545,957 | 1,172,707 | 1,499,823 | 1,828,965 | 927,196 | 242,354 | 541,511 | -378,396 | ||||
| Dividends Paid | 4,023,865 | 1,443,034 | 959,290 | ||||||||||||
| Retained Profit | -3,488,187 | 1,720,142 | -36,201 | 1,545,957 | 213,417 | 1,499,823 | 1,828,965 | 927,196 | 242,354 | 541,511 | -378,396 | ||||
| Employee Costs | 838,295 | 762,389 | 715,056 | 664,876 | 994,681 | 864,138 | 736,040 | 564,195 | |||||||
| Number Of Employees | 24 | 25 | 24 | 26 | 26 | 23 | 20 | 16 | 17 | 15 | 10 | ||||
| EBITDA* | 762,586 | 2,191,463 | 1,849,202 | 2,028,357 | 1,584,394 | 1,989,087 | 2,420,926 | 1,433,340 | 398,671 | 720,878 | -313,691 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 251,394 | 313,653 | 346,930 | 330,336 | 344,943 | 443,899 | 519,376 | 455,756 | 535,582 | 592,700 | 475,381 | 327,227 | 291,704 | 324,568 | 371,230 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 251,394 | 313,653 | 346,930 | 330,336 | 344,943 | 443,899 | 519,376 | 455,756 | 535,582 | 592,700 | 475,381 | 327,227 | 291,704 | 324,568 | 371,230 |
| Stock & work in progress | 2,420,833 | 2,283,574 | 2,446,363 | 2,347,857 | 2,673,747 | 1,622,295 | 1,587,011 | 1,347,807 | 1,870,838 | 1,938,689 | 2,140,230 | 1,257,004 | 1,451,413 | 1,415,878 | 1,590,838 |
| Trade Debtors | 902,300 | 3,533,474 | 3,817,146 | 3,488,027 | 1,203,234 | 3,111,106 | 1,773,336 | 1,744,346 | 1,122,912 | 4,486,017 | 1,971,501 | 570,021 | 1,376,181 | 1,221,307 | 1,239,660 |
| Group Debtors | 374,059 | 32,513 | 96,145 | 76,850 | 20,333 | 20,333 | 20,333 | ||||||||
| Misc Debtors | 228,292 | 21,548 | 90,736 | 154,630 | 395,063 | 290,181 | 7,119 | 11,163 | 21,438 | 17,258 | 9,585 | 20,253 | 20,613 | 53,244 | |
| Cash | 4,809,478 | 4,971,135 | 2,564,440 | 2,053,695 | 1,238,125 | 862,068 | 240,857 | 1,432,354 | 768,892 | 280,338 | 353,772 | 91,795 | 55,966 | 140,131 | 49,900 |
| misc current assets | |||||||||||||||
| total current assets | 8,360,903 | 10,809,731 | 8,918,685 | 8,044,209 | 5,884,228 | 5,885,650 | 3,608,323 | 4,535,670 | 3,816,593 | 6,818,447 | 4,551,938 | 1,918,820 | 2,924,146 | 2,818,262 | 2,953,975 |
| total assets | 8,612,297 | 11,123,384 | 9,265,615 | 8,374,545 | 6,229,171 | 6,329,549 | 4,127,699 | 4,991,426 | 4,352,175 | 7,411,147 | 5,027,319 | 2,246,047 | 3,215,850 | 3,142,830 | 3,325,205 |
| Bank overdraft | 6,568 | 2,118 | 109,908 | 21,554 | 41,880 | 37,743 | 59,622 | 15,785 | |||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 3,955,872 | 2,984,930 | 3,071,544 | 1,980,106 | 1,824,267 | 1,727,218 | 1,348,253 | 1,332,367 | 1,216,348 | 3,079,788 | 2,499,297 | 368,040 | 807,046 | 1,008,845 | 1,337,430 |
| Group/Directors Accounts | 6,984 | 15,127 | |||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 752,013 | 743,353 | 521,782 | 685,400 | 231,732 | 630,556 | 296,686 | 420,378 | 160,409 | 929,431 | 913,179 | 236,555 | 190,751 | 90,663 | |
| total current liabilities | 4,714,869 | 3,743,410 | 3,593,326 | 2,665,506 | 2,062,567 | 2,359,892 | 1,644,939 | 1,862,653 | 1,398,311 | 4,009,219 | 3,454,356 | 368,040 | 1,081,344 | 1,259,218 | 1,443,878 |
| loans | 1,384,421 | 1,375,881 | 1,915,107 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,232,240 | ||||||||||||||
| provisions | 39,135 | 33,494 | 45,951 | 46,500 | 50,022 | 66,492 | 79,418 | 71,041 | 88,411 | 103,384 | |||||
| total long term liabilities | 39,135 | 33,494 | 45,951 | 46,500 | 50,022 | 66,492 | 79,418 | 71,041 | 88,411 | 103,384 | 1,232,240 | 1,384,421 | 1,375,881 | 1,915,107 | |
| total liabilities | 4,754,004 | 3,776,904 | 3,639,277 | 2,712,006 | 2,112,589 | 2,426,384 | 1,724,357 | 1,933,694 | 1,486,722 | 4,112,603 | 3,454,356 | 1,600,280 | 2,465,765 | 2,635,099 | 3,358,985 |
| net assets | 3,858,293 | 7,346,480 | 5,626,338 | 5,662,539 | 4,116,582 | 3,903,165 | 2,403,342 | 3,057,732 | 2,865,453 | 3,298,544 | 1,572,963 | 645,767 | 750,085 | 507,731 | -33,780 |
| total shareholders funds | 3,858,293 | 7,346,480 | 5,626,338 | 5,662,539 | 4,116,582 | 3,903,165 | 2,403,342 | 3,057,732 | 2,865,453 | 3,298,544 | 1,572,963 | 645,767 | 750,085 | 507,731 | -33,780 |
| Dec 2023 | 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 | 668,997 | 2,097,482 | 1,746,926 | 1,906,771 | 1,449,447 | 1,847,087 | 2,298,170 | 1,341,943 | 331,400 | 623,050 | -378,438 | ||||
| Depreciation | 93,589 | 93,981 | 102,276 | 121,586 | 134,947 | 142,000 | 130,094 | 122,228 | 128,657 | 122,756 | 91,397 | 81,415 | 67,271 | 97,828 | 64,747 |
| Amortisation | |||||||||||||||
| Tax | -190,383 | -392,619 | -340,092 | -360,770 | -276,975 | -347,431 | -469,368 | -240,262 | -93,639 | -79,081 | 762 | ||||
| Stock | 137,259 | -162,789 | 98,506 | -325,890 | 1,051,452 | 35,284 | 239,204 | -523,031 | -67,851 | -201,541 | 883,226 | -194,409 | 35,535 | -174,960 | 1,590,838 |
| Debtors | -2,424,430 | -352,860 | 265,225 | 1,670,301 | -1,428,931 | 1,620,832 | 24,946 | 578,646 | -3,422,557 | 2,541,484 | 1,487,915 | -846,746 | 154,514 | -50,984 | 1,313,237 |
| Creditors | 970,942 | -86,614 | 1,091,438 | 155,839 | 97,049 | 378,965 | 15,886 | 116,019 | -1,863,440 | 580,491 | 2,131,257 | -439,006 | -201,799 | -328,585 | 1,337,430 |
| Accruals and Deferred Income | 8,660 | 221,571 | -163,618 | 453,668 | -398,824 | 333,870 | -123,692 | 259,969 | -769,022 | 16,252 | 913,179 | -236,555 | 45,804 | 100,088 | 90,663 |
| Deferred Taxes & Provisions | 5,641 | -12,457 | -549 | -3,522 | -16,470 | -12,926 | 8,377 | -17,370 | -14,973 | 103,384 | |||||
| Cash flow from operations | 3,844,617 | 2,436,993 | 2,072,650 | 929,161 | 1,366,653 | 685,449 | 311,742 | 1,866,373 | -41,012 | 639,244 | -1,788,911 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | -231,864 | -235,203 | |||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -231,864 | -235,203 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -8,143 | 15,127 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -1,384,421 | 8,540 | -539,226 | 1,915,107 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -1,232,240 | 1,232,240 | |||||||||||||
| share issue | |||||||||||||||
| interest | 57,064 | 15,279 | -1 | -44 | 235 | 167 | 163 | -195 | 4,593 | -2,458 | -720 | ||||
| cash flow from financing | 48,921 | 30,406 | -1 | -44 | 235 | 167 | -103,221 | -1,232,435 | 13,133 | -541,684 | 2,259,003 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | -161,657 | 2,406,695 | 510,745 | 815,570 | 376,057 | 621,211 | -1,191,497 | 663,462 | 488,554 | -73,434 | 261,977 | 35,829 | -84,165 | 90,231 | 49,900 |
| overdraft | -6,568 | 4,450 | 2,118 | -109,908 | 88,354 | 21,554 | -41,880 | 41,880 | -37,743 | -21,879 | 43,837 | 15,785 | |||
| change in cash | -161,657 | 2,406,695 | 510,745 | 822,138 | 371,607 | 619,093 | -1,081,589 | 575,108 | 467,000 | -31,554 | 220,097 | 73,572 | -62,286 | 46,394 | 34,115 |
magneco metrel u.k. limited Credit Report and Business Information
Magneco Metrel U.k. Limited Competitor Analysis
Perform a competitor analysis for magneco metrel u.k. limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in DL4 area or any other competitors across 12 key performance metrics.
magneco metrel u.k. limited Ownership
MAGNECO METREL U.K. LIMITED group structure
Magneco Metrel U.K. Limited has no subsidiary companies.
Ultimate parent company
MAGNECO-METREL INC
#0028473
1 parent
MAGNECO METREL U.K. LIMITED
02501896
magneco metrel u.k. limited directors
Magneco Metrel U.K. Limited currently has 5 directors. The longest serving directors include Ms Ann Connors (Aug 1994) and Ms Colleen Connors (Apr 1999).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Ann Connors | 88 years | Aug 1994 | - | Director | |
| Ms Colleen Connors | United States | 63 years | Apr 1999 | - | Director |
| Mr Charles Connors Jr | United States | 62 years | Apr 1999 | - | Director |
| Susan Malloy | Usa | 60 years | May 2000 | - | Director |
| Mr George Connors | United States | 53 years | Jul 2020 | - | Director |
P&L
December 2023turnover
13.2m
+2%
operating profit
669k
-68%
gross margin
38%
+20.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.9m
-0.47%
total assets
8.6m
-0.23%
cash
4.8m
-0.03%
net assets
Total assets minus all liabilities
magneco metrel u.k. limited company details
company number
02501896
Type
Private limited with Share Capital
industry
23490 - Manufacture of other ceramic products
incorporation date
May 1990
age
35
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
WALTONS BUSINESS ADVISERS LIMITED
address
hackworth ind park, shildon, county durham, DL4 1HG
Bank
-
Legal Advisor
-
magneco metrel u.k. 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 5 charges/mortgages relating to magneco metrel u.k. limited. Currently there are 5 open charges and 0 have been satisfied in the past.
magneco metrel u.k. 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 MAGNECO METREL U.K. LIMITED. This can take several minutes, an email will notify you when this has completed.
magneco metrel u.k. limited Companies House Filings - See Documents
| date | description | view/download |
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