m & j (europe) limited

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m & j (europe) limited Company Information

Share M & J (EUROPE) LIMITED

Company Number

02559840

Shareholders

m & j consultancy & management limited

Group Structure

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Industry

Manufacture of lifting and handling equipment

 

Registered Address

unit 28, tafarnaubach industrial estate, tredegar, gwent, NP22 3AA

m & j (europe) limited Estimated Valuation

£3.3m

Pomanda estimates the enterprise value of M & J (EUROPE) LIMITED at £3.3m based on a Turnover of £6.5m and 0.51x industry multiple (adjusted for size and gross margin).

m & j (europe) limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of M & J (EUROPE) LIMITED at £1.8m based on an EBITDA of £467.5k and a 3.92x industry multiple (adjusted for size and gross margin).

m & j (europe) limited Estimated Valuation

£2.8m

Pomanda estimates the enterprise value of M & J (EUROPE) LIMITED at £2.8m based on Net Assets of £1.4m and 1.98x industry multiple (adjusted for liquidity).

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M & J (europe) Limited Overview

M & J (europe) Limited is a live company located in tredegar, NP22 3AA with a Companies House number of 02559840. It operates in the manufacture of lifting and handling equipment sector, SIC Code 28220. Founded in November 1990, it's largest shareholder is m & j consultancy & management limited with a 100% stake. M & J (europe) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.5m with high growth in recent years.

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M & J (europe) Limited Health Check

Pomanda's financial health check has awarded M & J (Europe) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £6.5m, make it smaller than the average company (£15m)

£6.5m - M & J (europe) Limited

£15m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (6.8%)

19% - M & J (europe) Limited

6.8% - Industry AVG

production

Production

with a gross margin of 28.7%, this company has a comparable cost of product (28.7%)

28.7% - M & J (europe) Limited

28.7% - Industry AVG

profitability

Profitability

an operating margin of 0.4% make it less profitable than the average company (6%)

0.4% - M & J (europe) Limited

6% - Industry AVG

employees

Employees

with 30 employees, this is below the industry average (80)

30 - M & J (europe) Limited

80 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)

£47.9k - M & J (europe) Limited

£47.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £215.8k, this is more efficient (£179.7k)

£215.8k - M & J (europe) Limited

£179.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 94 days, this is later than average (60 days)

94 days - M & J (europe) Limited

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is quicker than average (49 days)

27 days - M & J (europe) Limited

49 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 118 days, this is more than average (64 days)

118 days - M & J (europe) Limited

64 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)

0 weeks - M & J (europe) Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 77%, this is a higher level of debt than the average (54.9%)

77% - M & J (europe) Limited

54.9% - Industry AVG

M & J (EUROPE) LIMITED financials

EXPORTms excel logo

M & J (Europe) Limited's latest turnover from December 2023 is estimated at £6.5 million and the company has net assets of £1.4 million. According to their latest financial statements, M & J (Europe) Limited has 30 employees and maintains cash reserves of £19.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover6,474,1794,698,5124,954,9303,838,2683,425,8963,576,1012,881,7352,520,697909,2341,434,0051,399,0981,453,9051,252,9501,228,483
Other Income Or Grants
Cost Of Sales4,613,6253,309,3523,477,4922,720,0642,412,5682,550,1602,038,2821,770,713633,7541,011,599983,7501,001,587879,674841,523
Gross Profit1,860,5541,389,1601,477,4381,118,2041,013,3281,025,941843,452749,984275,480422,405415,348452,317373,275386,960
Admin Expenses1,834,3541,234,2871,220,906879,110904,043768,762871,588565,128151,359443,029270,833378,960301,120314,218-438,173
Operating Profit26,200154,873256,532239,094109,285257,179-28,136184,856124,121-20,624144,51573,35772,15572,742438,173
Interest Payable65,65295,45247,06221,82910,0808,75611,88014,3937,949
Interest Receivable3,4612,2766116223249186113449532949291256
Pre-Tax Profit-35,99261,696209,531217,28099,428248,672-39,998170,524116,306-20,575144,56873,38672,20473,033438,429
Tax-11,722-39,811-41,283-18,891-47,248-34,105-23,261-33,251-17,613-18,773-20,449-122,760
Profit After Tax-35,99249,974169,720175,99780,537201,424-39,998136,41993,045-20,575111,31755,77353,43152,584315,669
Dividends Paid
Retained Profit-35,99249,974169,720175,99780,537201,424-39,998136,41993,045-20,575111,31755,77353,43152,584315,669
Employee Costs1,438,1461,400,2651,196,8361,174,7271,045,0381,056,825947,255755,593273,557378,235339,087368,403316,617337,743
Number Of Employees3031282825262419710910910
EBITDA*467,473211,388524,006465,852267,800403,53974,989266,835171,38123,102187,695115,189117,866113,963459,090

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,725,4472,104,9251,434,1961,020,313899,338766,769612,288710,284610,098567,585584,821605,117617,884645,595679,316
Intangible Assets146,014191,859242,584296,259354,548385,128380,342263,866276,931232,021198,511185,295154,49567,495
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,871,4612,296,7841,676,7801,316,5721,253,8861,151,897992,630974,150887,029799,606783,332790,412772,379713,090679,316
Stock & work in progress1,495,8041,201,9201,232,399729,855362,583299,025280,041180,75054,75089,01567,05077,12585,25079,75094,995
Trade Debtors1,678,8481,050,5421,256,745903,668934,2971,053,649689,678664,355280,146313,382338,209335,489293,804280,198179,040
Group Debtors35,138132,610176,286191,54911,610
Misc Debtors74,17867,66069,501148,91630,35336,05421,86644,57027,06419,307
Cash19,268112,57317,48131,17441859,0447,26848,7505,03414,7466,2885,27814,165102,426
misc current assets
total current assets3,303,2362,565,3052,752,4122,005,1621,327,6511,447,7721,010,463889,675410,710407,431420,005418,902384,332374,113395,768
total assets6,174,6974,862,0894,429,1923,321,7342,581,5372,599,6692,003,0931,863,8251,297,7391,207,0371,203,3371,209,3141,156,7111,087,2031,075,084
Bank overdraft1,64064,912153,49074,47599,866151,38376,598
Bank loan54,740303,038419,916
Trade Creditors 341,461343,133326,374241,896213,114250,936253,924248,96650,892337,790273,830340,760310,164212,341180,709
Group/Directors Accounts893,29325,421121,25956,04769,887
other short term finances25,617308,774154,692
hp & lease commitments591,653375,857392,419196,259150,444125,65473,04328,976
other current liabilities776,759291,497486,786473,791414,879424,469225,120211,09869,691
total current liabilities2,683,5231,649,3601,901,4461,032,905931,927945,421651,953640,423197,181337,790273,830340,760310,164212,341180,709
loans56,339417,006404,458462,01435,29835,40449,68964,607168,001
hp & lease commitments1,330,3041,147,380524,919384,711258,853290,422202,45374,782
Accruals and Deferred Income
other liabilities87,708135,833193,333213,33342,96397,698134,383182,747219,013280,259348,339
provisions685,206193,026193,026118,773160,000156,000108,00088,00030,0005,0008,00010,0007,50028,00032,017
total long term liabilities2,071,8491,757,4121,122,4031,053,206589,984675,159573,475227,389240,964102,698142,383192,747226,513308,259380,356
total liabilities4,755,3723,406,7723,023,8492,086,1111,521,9111,620,5801,225,428867,812438,145440,488416,213533,507536,677520,600561,065
net assets1,419,3251,455,3171,405,3431,235,6231,059,626979,089777,665996,013859,594766,549787,124675,807620,034566,603514,019
total shareholders funds1,419,3251,455,3171,405,3431,235,6231,059,626979,089777,665996,013859,594766,549787,124675,807620,034566,603514,019
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit26,200154,873256,532239,094109,285257,179-28,136184,856124,121-20,624144,51573,35772,15572,742438,173
Depreciation395,4285,790213,798168,46993,25087,47160,17741,74914,77017,23620,29623,83227,71133,72120,917
Amortisation45,84550,72553,67658,28965,26558,88942,94840,23032,49026,49022,88418,00018,0007,500
Tax-11,722-39,811-41,283-18,891-47,248-34,105-23,261-33,251-17,613-18,773-20,449-122,760
Stock293,884-30,479502,544367,27263,55818,98499,291126,000-34,26521,965-10,075-8,1255,500-15,24594,995
Debtors537,352-251,720258,399279,483-125,053366,54914,229401,715-6,172-24,8272,72041,68513,60681,851198,347
Creditors-1,67216,75984,47828,782-37,822-2,9884,958198,074-286,89863,960-66,93030,59697,82331,632180,709
Accruals and Deferred Income485,262-195,28912,99558,912-9,590199,34914,022141,40769,691
Deferred Taxes & Provisions492,18074,253-41,2274,00048,00020,00058,00025,000-3,000-2,0002,500-20,500-4,01732,017
Cash flow from operations612,007303,335-105,022-175,719266,992215,119449102,496-3,65086,92492,86997,112157,31054,523255,714
Investing Activities
capital expenditure-1,015,950-676,519-627,682-289,444-260,504-305,627-121,605-169,100-134,683-60,000-36,100-59,865-105,000-74,995-700,233
Change in Investments
cash flow from investments-1,015,950-676,519-627,682-289,444-260,504-305,627-121,605-169,100-134,683-60,000-36,100-59,865-105,000-74,995-700,233
Financing Activities
Bank loans-248,298-116,878419,916
Group/Directors Accounts867,872-95,83865,21256,047-69,88769,887
Other Short Term Loans -283,157154,082154,692
Long term loans-360,66712,548-57,556426,716-106-14,285-14,918-103,394168,001
Hire Purchase and Lease Commitments398,720605,899336,368171,673-6,779140,580171,738103,758
other long term liabilities-87,708-48,125-57,500-20,000213,333-42,963-54,735-36,685-48,364-36,266-61,246-68,080348,339
share issue-178,350198,350
interest-62,191-93,176-47,001-21,813-9,857-8,507-11,862-14,332-7,81549532949291256
cash flow from financing312,279466,637783,923584,498-144,129167,675179,941-56,931105,451-36,636-48,311-36,237-61,197-67,789546,945
cash and cash equivalents
cash-93,30595,092-13,69330,756-58,62651,7767,268-48,75043,716-9,7128,4581,010-8,887-88,261102,426
overdraft-1,6401,640-64,912-88,57879,015-25,391-51,51774,78576,598
change in cash-91,66593,45251,219119,334-137,64177,16758,785-123,535-32,882-9,7128,4581,010-8,887-88,261102,426

m & j (europe) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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M & J (europe) Limited Competitor Analysis

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Perform a competitor analysis for m & j (europe) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in NP22 area or any other competitors across 12 key performance metrics.

m & j (europe) limited Ownership

M & J (EUROPE) LIMITED group structure

M & J (Europe) Limited has no subsidiary companies.

Ultimate parent company

1 parent

M & J (EUROPE) LIMITED

02559840

M & J (EUROPE) LIMITED Shareholders

m & j consultancy & management limited 100%

m & j (europe) limited directors

M & J (Europe) Limited currently has 3 directors. The longest serving directors include Mr Michael Garland (Nov 1991) and Mr Christopher Garland (Nov 2017).

officercountryagestartendrole
Mr Michael GarlandWales77 years Nov 1991- Director
Mr Christopher GarlandWales53 years Nov 2017- Director
Mr Max Garland26 years Jul 2024- Director

P&L

December 2023

turnover

6.5m

+38%

operating profit

26.2k

0%

gross margin

28.8%

-2.8%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

1.4m

-0.02%

total assets

6.2m

+0.27%

cash

19.3k

-0.83%

net assets

Total assets minus all liabilities

m & j (europe) limited company details

company number

02559840

Type

Private limited with Share Capital

industry

28220 - Manufacture of lifting and handling equipment

incorporation date

November 1990

age

35

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

rjt 159 limited (August 1991)

accountant

-

auditor

-

address

unit 28, tafarnaubach industrial estate, tredegar, gwent, NP22 3AA

Bank

BARCLAYS BANK PLC

Legal Advisor

-

m & j (europe) 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 19 charges/mortgages relating to m & j (europe) limited. Currently there are 2 open charges and 17 have been satisfied in the past.

m & j (europe) 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.

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m & j (europe) limited Companies House Filings - See Documents

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