matsuura machinery limited

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matsuura machinery limited Company Information

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Company Number

02592156

Registered Address

gee road, whitwick business park, coalville, leicestershire, LE67 4NH

Industry

Wholesale of machine tools

 

Telephone

01530511400

Next Accounts Due

September 2025

Group Structure

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Directors

Roger Howkins19 Years

David Chapman5 Years

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Shareholders

matsuura machinery corporation 100%

matsuura machinery limited Estimated Valuation

£30.2m

Pomanda estimates the enterprise value of MATSUURA MACHINERY LIMITED at £30.2m based on a Turnover of £37.3m and 0.81x industry multiple (adjusted for size and gross margin).

matsuura machinery limited Estimated Valuation

£37.6m

Pomanda estimates the enterprise value of MATSUURA MACHINERY LIMITED at £37.6m based on an EBITDA of £4.2m and a 8.87x industry multiple (adjusted for size and gross margin).

matsuura machinery limited Estimated Valuation

£42.5m

Pomanda estimates the enterprise value of MATSUURA MACHINERY LIMITED at £42.5m based on Net Assets of £16.4m and 2.58x industry multiple (adjusted for liquidity).

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Matsuura Machinery Limited Overview

Matsuura Machinery Limited is a live company located in coalville, LE67 4NH with a Companies House number of 02592156. It operates in the wholesale of machine tools sector, SIC Code 46620. Founded in March 1991, it's largest shareholder is matsuura machinery corporation with a 100% stake. Matsuura Machinery Limited is a mature, large sized company, Pomanda has estimated its turnover at £37.3m with healthy growth in recent years.

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Matsuura Machinery Limited Health Check

Pomanda's financial health check has awarded Matsuura Machinery Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £37.3m, make it larger than the average company (£14.9m)

£37.3m - Matsuura Machinery Limited

£14.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (7.6%)

11% - Matsuura Machinery Limited

7.6% - Industry AVG

production

Production

with a gross margin of 34.3%, this company has a comparable cost of product (32.3%)

34.3% - Matsuura Machinery Limited

32.3% - Industry AVG

profitability

Profitability

an operating margin of 10.1% make it more profitable than the average company (6.3%)

10.1% - Matsuura Machinery Limited

6.3% - Industry AVG

employees

Employees

with 73 employees, this is above the industry average (48)

73 - Matsuura Machinery Limited

48 - Industry AVG

paystructure

Pay Structure

on an average salary of £79.7k, the company has a higher pay structure (£44.7k)

£79.7k - Matsuura Machinery Limited

£44.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £511.4k, this is more efficient (£240.2k)

£511.4k - Matsuura Machinery Limited

£240.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 54 days, this is near the average (67 days)

54 days - Matsuura Machinery Limited

67 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 39 days, this is quicker than average (49 days)

39 days - Matsuura Machinery Limited

49 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 309 days, this is more than average (99 days)

309 days - Matsuura Machinery Limited

99 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is average cash available to meet short term requirements (13 weeks)

11 weeks - Matsuura Machinery Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 53.9%, this is a similar level of debt than the average (53.7%)

53.9% - Matsuura Machinery Limited

53.7% - Industry AVG

MATSUURA MACHINERY LIMITED financials

EXPORTms excel logo

Matsuura Machinery Limited's latest turnover from December 2023 is £37.3 million and the company has net assets of £16.4 million. According to their latest financial statements, Matsuura Machinery Limited has 73 employees and maintains cash reserves of £4.1 million 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
Turnover37,331,49241,318,61129,025,72227,032,66827,577,01733,175,58125,609,22724,266,14225,331,98328,356,36523,278,89721,838,09732,874,86917,141,4479,901,437
Other Income Or Grants000000000000000
Cost Of Sales24,538,82028,106,61920,853,11920,196,58619,566,92824,180,82317,669,29318,157,30516,948,75718,347,60415,753,77215,484,12225,719,41113,014,7416,163,348
Gross Profit12,792,67213,211,9928,172,6036,836,0828,010,0898,994,7587,939,9346,108,8378,383,22610,008,7617,525,1256,353,9757,155,4584,126,7063,738,089
Admin Expenses9,006,15510,171,5946,314,6586,260,4156,729,0606,897,0915,939,6335,483,5995,888,5665,616,6835,053,6474,662,5075,377,2193,793,6283,494,097
Operating Profit3,786,5173,040,3981,857,945575,6671,281,0292,097,6672,000,301625,2382,494,6604,392,0782,471,4781,691,4681,778,239333,078243,992
Interest Payable213,77439,39632,99550,40632,44832,81142,11350,75136,70728,17724,21943,26287,884127,825100,975
Interest Receivable9,4331633953,33116,57716,9425,7677,79110,9028,6683,9525,6488,63314,0074,263
Pre-Tax Profit3,582,1763,001,1651,825,345528,5921,265,1582,081,7981,963,955582,2782,468,8554,372,5692,451,2111,653,8541,698,988458,796147,280
Tax-990,665-592,358-342,638-103,615-261,640-411,130-391,005-153,703-544,649-891,196-607,320-451,087-583,491176,514-13,614
Profit After Tax2,591,5112,408,8071,482,707424,9771,003,5181,670,6681,572,950428,5751,924,2063,481,3731,843,8911,202,7671,115,497635,310133,666
Dividends Paid750,0002,000,000900,0000200,000600,000600,0000800,0001,000,00000000
Retained Profit1,841,511408,807582,707424,977803,5181,070,668972,950428,5751,124,2062,481,3731,843,8911,202,7671,115,497635,310133,666
Employee Costs5,815,3765,318,4534,343,9344,325,9454,470,5774,558,6144,065,9473,390,6634,003,3173,994,5683,440,2543,008,1692,988,8732,213,8752,392,517
Number Of Employees736863808076686867646563616069
EBITDA*4,240,3673,433,1152,143,396859,3731,567,7272,304,8612,157,224832,1562,686,9384,563,4082,618,2291,834,0011,855,790447,573360,442

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets4,659,8624,743,7224,107,3042,860,8422,991,5702,963,9142,654,7672,657,1032,669,6302,614,036282,753312,018334,234342,01798,761
Intangible Assets00000002,00366,923131,843196,763261,683326,603391,523456,443
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets4,659,8624,743,7224,107,3042,860,8422,991,5702,963,9142,654,7672,659,1062,736,5532,745,879479,516573,701660,837733,540555,204
Stock & work in progress20,823,60616,926,92111,938,33811,644,54413,796,98710,563,8977,995,4848,485,8328,194,2616,441,8706,981,6718,664,4857,255,8705,851,8616,292,960
Trade Debtors5,562,0906,787,7513,396,8062,768,5184,062,4124,047,7014,772,1994,596,7093,343,4876,378,4553,197,9253,467,8764,648,6976,455,026842,873
Group Debtors000000135,79772,299102,69870,05275,84643,866113,375101,991186,453
Misc Debtors605,8184,029,743919,828411,475367,254530,543849,5171,622,227386,127460,442836,060917,946405,312711,655739,210
Cash4,061,1702,436,6874,783,7443,737,0823,867,3767,393,2497,401,0154,323,0027,169,4947,681,6953,649,6601,814,2933,941,6791,279,2351,265,034
misc current assets000000000000000
total current assets31,052,68430,181,10221,038,71618,561,61922,094,02922,535,39021,154,01219,100,06919,196,06721,032,51414,741,16214,908,46616,364,93314,399,7689,326,530
total assets35,712,54634,924,82425,146,02021,422,46125,085,59925,499,30423,808,77921,759,17521,932,62023,778,39315,220,67815,482,16717,025,77015,133,3089,881,734
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 2,678,5973,251,3541,274,0981,737,8811,103,3501,761,2812,048,4951,327,7881,099,0532,175,6921,327,728334,9011,733,3721,532,884173,616
Group/Directors Accounts11,290,98310,672,0315,176,7414,223,7338,051,5446,743,4194,975,4276,348,8776,232,2275,556,2383,216,1447,529,4028,680,2486,842,4076,600,799
other short term finances630,974174,0000000000000000
hp & lease commitments0080,24234,75800000000000
other current liabilities3,777,9323,914,5173,280,9731,421,0042,386,4544,205,6364,867,3662,645,7443,416,6875,648,7423,825,3302,016,5412,269,3713,780,782670,651
total current liabilities18,378,48618,011,9029,812,0547,417,37611,541,34812,710,33611,891,28810,322,40910,747,96713,380,6728,369,2029,880,84412,682,99112,156,0737,445,066
loans577,5751,992,990856,404000204,670643,629849,6241,137,90400000
hp & lease commitments00080,24200000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions308,875313,833280,270310,258354,643402,878397,399450,665421,132470,126543,158636,896581,119331,072425,815
total long term liabilities886,4502,306,8231,136,674390,500354,643402,878602,0691,094,2941,270,7561,608,030543,158636,896581,119331,072425,815
total liabilities19,264,93620,318,72510,948,7287,807,87611,895,99113,113,21412,493,35711,416,70312,018,72314,988,7028,912,36010,517,74013,264,11012,487,1457,870,881
net assets16,447,61014,606,09914,197,29213,614,58513,189,60812,386,09011,315,42210,342,4729,913,8978,789,6916,308,3184,964,4273,761,6602,646,1632,010,853
total shareholders funds16,447,61014,606,09914,197,29213,614,58513,189,60812,386,09011,315,42210,342,4729,913,8978,789,6916,308,3184,964,4273,761,6602,646,1632,010,853
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit3,786,5173,040,3981,857,945575,6671,281,0292,097,6672,000,301625,2382,494,6604,392,0782,471,4781,691,4681,778,239333,078243,992
Depreciation453,850392,717285,451283,706286,698207,194154,920141,998127,358106,41081,83177,61371,06149,57551,530
Amortisation0000002,00364,92064,92064,92064,92064,9206,49064,92064,920
Tax-990,665-592,358-342,638-103,615-261,640-411,130-391,005-153,703-544,649-891,196-607,320-451,087-583,491176,514-13,614
Stock3,896,6854,988,583293,794-2,152,4433,233,0902,568,413-490,348291,5711,752,391-539,801-1,682,8141,408,6151,404,009-441,0996,292,960
Debtors-4,649,5866,500,8601,136,641-1,249,673-148,578-1,179,269-533,7222,458,923-3,076,6372,799,118-319,857-737,696-2,101,2885,500,1361,768,536
Creditors-572,7571,977,256-463,783634,531-657,931-287,214720,707228,735-1,076,639847,964992,827-1,398,471200,4881,359,268173,616
Accruals and Deferred Income-136,585633,5441,859,969-965,450-1,819,182-661,7302,221,622-770,943-2,232,0551,823,4121,808,789-252,830-1,511,4113,110,131670,651
Deferred Taxes & Provisions-4,95833,563-29,988-44,385-48,2355,479-53,26629,533-48,994-73,032-93,73855,777250,047-94,743425,815
Cash flow from operations3,288,303-6,004,3231,736,5213,782,570-4,303,773-438,8785,679,352-2,584,716108,8474,011,2396,721,458-883,529908,702-60,294-6,444,586
Investing Activities
capital expenditure0000-314,354-516,341-152,584-129,471-182,952-2,437,650-52,566-55,397-60,064-53,192-11,351
Change in Investments000000000000000
cash flow from investments0000-314,354-516,341-152,584-129,471-182,952-2,437,650-52,566-55,397-60,064-53,192-11,351
Financing Activities
Bank loans000000000000000
Group/Directors Accounts618,9525,495,290953,008-3,827,8111,308,1251,767,992-1,373,450116,650675,9892,340,094-4,313,258-1,150,8461,837,841241,6086,600,799
Other Short Term Loans 456,974174,0000000000000000
Long term loans-1,415,4151,136,586856,40400-204,670-438,959-205,995-288,2801,137,90400000
Hire Purchase and Lease Commitments0-80,242-34,758115,00000000000000
other long term liabilities000000000000000
share issue0000000000-500,0000001,877,187
interest-204,341-39,233-32,600-47,075-15,871-15,869-36,346-42,960-25,805-19,509-20,267-37,614-79,251-113,818-96,712
cash flow from financing-543,8306,686,4011,742,054-3,759,8861,292,2541,547,453-1,848,755-132,305361,9043,458,489-4,833,525-1,188,4601,758,590127,7908,381,274
cash and cash equivalents
cash1,624,483-2,347,0571,046,662-130,294-3,525,873-7,7663,078,013-2,846,492-512,2014,032,0351,835,367-2,127,3862,662,44414,2011,265,034
overdraft000000000000000
change in cash1,624,483-2,347,0571,046,662-130,294-3,525,873-7,7663,078,013-2,846,492-512,2014,032,0351,835,367-2,127,3862,662,44414,2011,265,034

matsuura machinery limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Matsuura Machinery Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for matsuura machinery limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in LE67 area or any other competitors across 12 key performance metrics.

matsuura machinery limited Ownership

MATSUURA MACHINERY LIMITED group structure

Matsuura Machinery Limited has no subsidiary companies.

Ultimate parent company

MATSUURA MACHINERY CORP

#0014718

MATSUURA EUROPE GMBH

#0042570

2 parents

MATSUURA MACHINERY LIMITED

02592156

MATSUURA MACHINERY LIMITED Shareholders

matsuura machinery corporation 100%

matsuura machinery limited directors

Matsuura Machinery Limited currently has 4 directors. The longest serving directors include Mr Roger Howkins (Sep 2005) and Mr David Chapman (Jan 2019).

officercountryagestartendrole
Mr Roger Howkins65 years Sep 2005- Director
Mr David Chapman57 years Jan 2019- Director
Mr Domenic Seminerio56 years Jan 2023- Director
Mr Ronald Bryan58 years Jan 2024- Director

P&L

December 2023

turnover

37.3m

-10%

operating profit

3.8m

+25%

gross margin

34.3%

+7.17%

turnover

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

Balance Sheet

December 2023

net assets

16.4m

+0.13%

total assets

35.7m

+0.02%

cash

4.1m

+0.67%

net assets

Total assets minus all liabilities

matsuura machinery limited company details

company number

02592156

Type

Private limited with Share Capital

industry

46620 - Wholesale of machine tools

incorporation date

March 1991

age

33

incorporated

UK

accounts

Full Accounts

ultimate parent company

MATSUURA MACHINERY CORP

previous names

matsuura machinery plc (September 2011)

matsuura machinery (uk) limited (October 1996)

last accounts submitted

December 2023

address

gee road, whitwick business park, coalville, leicestershire, LE67 4NH

accountant

-

auditor

DELOITTE LLP

matsuura machinery 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 4 charges/mortgages relating to matsuura machinery limited. Currently there are 1 open charges and 3 have been satisfied in the past.

charges

matsuura machinery limited Companies House Filings - See Documents

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