michael brown associates limited

michael brown associates limited Company Information

Share MICHAEL BROWN ASSOCIATES LIMITED
Live 
MatureMicroDeclining

Company Number

02615910

Industry

Architectural activities

 

Directors

Michael Brown

Shareholders

michael brown

Group Structure

View All

Contact

Registered Address

turnpike house, 1208 / 1210 london road, leigh-on-sea, essex, SS9 2UA

michael brown associates limited Estimated Valuation

£45.3k

Pomanda estimates the enterprise value of MICHAEL BROWN ASSOCIATES LIMITED at £45.3k based on a Turnover of £83k and 0.55x industry multiple (adjusted for size and gross margin).

michael brown associates limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MICHAEL BROWN ASSOCIATES LIMITED at £0 based on an EBITDA of £-14.2k and a 5.5x industry multiple (adjusted for size and gross margin).

michael brown associates limited Estimated Valuation

£3.4m

Pomanda estimates the enterprise value of MICHAEL BROWN ASSOCIATES LIMITED at £3.4m based on Net Assets of £1m and 3.24x industry multiple (adjusted for liquidity).

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Michael Brown Associates Limited Overview

Michael Brown Associates Limited is a live company located in leigh-on-sea, SS9 2UA with a Companies House number of 02615910. It operates in the architectural activities sector, SIC Code 71111. Founded in May 1991, it's largest shareholder is michael brown with a 100% stake. Michael Brown Associates Limited is a mature, micro sized company, Pomanda has estimated its turnover at £83k with declining growth in recent years.

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Michael Brown Associates Limited Health Check

Pomanda's financial health check has awarded Michael Brown Associates Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £83k, make it smaller than the average company (£617.5k)

£83k - Michael Brown Associates Limited

£617.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (3.2%)

-28% - Michael Brown Associates Limited

3.2% - Industry AVG

production

Production

with a gross margin of 50.5%, this company has a comparable cost of product (50.5%)

50.5% - Michael Brown Associates Limited

50.5% - Industry AVG

profitability

Profitability

an operating margin of -17.3% make it less profitable than the average company (9%)

-17.3% - Michael Brown Associates Limited

9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (8)

1 - Michael Brown Associates Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.4k, the company has an equivalent pay structure (£48.4k)

£48.4k - Michael Brown Associates Limited

£48.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £83k, this is equally as efficient (£83k)

£83k - Michael Brown Associates Limited

£83k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Michael Brown Associates Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Michael Brown Associates Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Michael Brown Associates Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 242 weeks, this is more cash available to meet short term requirements (31 weeks)

242 weeks - Michael Brown Associates Limited

31 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 26.2%, this is a lower level of debt than the average (51.6%)

26.2% - Michael Brown Associates Limited

51.6% - Industry AVG

MICHAEL BROWN ASSOCIATES LIMITED financials

EXPORTms excel logo

Michael Brown Associates Limited's latest turnover from April 2023 is estimated at £83 thousand and the company has net assets of £1 million. According to their latest financial statements, Michael Brown Associates Limited has 1 employee and maintains cash reserves of £11.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover82,98379,21077,131218,073285,232271,210255,633241,5231,250,9331,197,5841,208,0921,232,902452,773447,825
Other Income Or Grants00000000000000
Cost Of Sales41,09540,84743,958113,165141,529136,238123,919107,367552,249517,599481,132502,876167,583157,180
Gross Profit41,88838,36333,172104,908143,703134,972131,714134,156698,684679,986726,960730,026285,190290,645
Admin Expenses56,289952,265445,063111,624129,19040,65821,227-796,993693,713685,595738,403744,625378,442-705,113
Operating Profit-14,401-913,902-411,891-6,71614,51394,314110,487931,1494,971-5,609-11,443-14,599-93,252995,758
Interest Payable18,45310,3289,3339,33310,3284,97300000000
Interest Receivable377541313296182692728628684
Pre-Tax Profit-32,477-924,177-421,212-16,0364,48089,523110,494931,1594,998-5,581-11,437-14,597-93,166995,842
Tax0000-851-17,009-20,994-186,232-9990000-278,836
Profit After Tax-32,477-924,177-421,212-16,0363,62972,51489,500744,9273,998-5,581-11,437-14,597-93,166717,006
Dividends Paid00000000000000
Retained Profit-32,477-924,177-421,212-16,0363,62972,51489,500744,9273,998-5,581-11,437-14,597-93,166717,006
Employee Costs48,40444,90245,64245,811175,676175,977183,834134,366655,324569,418626,528656,141239,181286,455
Number Of Employees111144431513151667
EBITDA*-14,221-913,662-411,571-6,28915,08294,740110,662931,3845,544-5,036-7,646-10,768-87,6011,001,593

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets5407209601,2801,7071,2775267019361,5096243,5896,00012,785
Intangible Assets00000000000000
Investments & Other1,400,0001,400,0001,400,0001,400,0001,400,0001,400,0001,300,0001,200,000900,000900,000900,000900,000700,000575,000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets1,400,5401,400,7201,400,9601,401,2801,401,7071,401,2771,300,5261,200,701900,936901,509900,624903,589706,000587,785
Stock & work in progress000438,662430,112430,112415,042415,042415,042415,042415,042407,261473,998473,998
Trade Debtors00038,45135,93636,41536,15233,068199,899199,899201,359206,15747,45164,137
Group Debtors0000165,676165,676165,676165,676000000
Misc Debtors2,6462,6505,3635,1345,6374,1794,1564,555000000
Cash11,0946,6667,63017,3928,80570,0152,9732,1061,6698,9772,297063333,666
misc current assets00000000000000
total current assets13,7409,31612,993499,639646,166706,397623,999620,447616,610623,918618,698613,418522,082571,801
total assets1,414,2801,410,0361,413,9531,900,9192,047,8732,107,6741,924,5251,821,1481,517,5461,525,4271,519,3221,517,0071,228,0821,159,586
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 00000000329,364341,243329,557315,805212,283175,621
Group/Directors Accounts73018,12829,30895,062238,477303,804362,770359,297000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities1,6501,5751,5001,5055,9094,0131,9045,358000000
total current liabilities2,38019,70330,80896,567244,386307,817364,674364,655329,364341,243329,557315,805212,283175,621
loans207,054153,010153,009153,007153,007153,00600000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions160,589160,589160,589160,586143,685143,685129,199115,341000000
total long term liabilities367,643313,599313,598313,593296,692296,691129,199115,341000000
total liabilities370,023333,302344,406410,160541,078604,508493,873479,996329,364341,243329,557315,805212,283175,621
net assets1,044,2571,076,7341,069,5471,490,7591,506,7951,503,1661,430,6521,341,1521,188,1821,184,1841,189,7651,201,2021,015,799983,965
total shareholders funds1,044,2571,076,7341,069,5471,490,7591,506,7951,503,1661,430,6521,341,1521,188,1821,184,1841,189,7651,201,2021,015,799983,965
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-14,401-913,902-411,891-6,71614,51394,314110,487931,1494,971-5,609-11,443-14,599-93,252995,758
Depreciation1802403204275694261752355735733,7973,8315,6515,835
Amortisation00000000000000
Tax0000-851-17,009-20,994-186,232-9990000-278,836
Stock00-438,6628,550015,07000007,781-66,7370473,998
Debtors-4-2,713-38,222-163,6649792862,6853,4000-1,460-4,798158,706-16,68664,137
Creditors0000000-329,364-11,87911,68613,752103,52236,662175,621
Accruals and Deferred Income7575-5-4,4041,8962,109-3,4545,358000000
Deferred Taxes & Provisions00316,901014,48613,858115,341000000
Cash flow from operations-14,142-910,87465,311161,32215,14878,97097,387533,087-7,3348,1103,123785-34,253360,243
Investing Activities
capital expenditure0000-999-1,177000-1,458-832-1,4201,134-18,620
Change in Investments00000100,000100,000300,000000200,000125,000575,000
cash flow from investments0000-999-101,177-100,000-300,0000-1,458-832-201,420-123,866-593,620
Financing Activities
Bank loans00000000000000
Group/Directors Accounts-17,398-11,180-65,754-143,415-65,327-58,9663,473359,297000000
Other Short Term Loans 00000000000000
Long term loans54,0441201153,00600000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue0931,36400000-591,957000200,000125,000266,959
interest-18,076-10,274-9,320-9,320-10,032-4,791692728628684
cash flow from financing18,570909,911-75,072-152,735-75,35889,2493,479-232,65127286200,002125,086267,043
cash and cash equivalents
cash4,428-964-9,7628,587-61,21067,042867437-7,3086,6802,297-633-33,03333,666
overdraft00000000000000
change in cash4,428-964-9,7628,587-61,21067,042867437-7,3086,6802,297-633-33,03333,666

michael brown associates 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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Michael Brown Associates Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for michael brown associates limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SS9 area or any other competitors across 12 key performance metrics.

michael brown associates limited Ownership

MICHAEL BROWN ASSOCIATES LIMITED group structure

Michael Brown Associates Limited has no subsidiary companies.

Ultimate parent company

MICHAEL BROWN ASSOCIATES LIMITED

02615910

MICHAEL BROWN ASSOCIATES LIMITED Shareholders

michael brown 100%

michael brown associates limited directors

Michael Brown Associates Limited currently has 1 director, Mr Michael Brown serving since May 1991.

officercountryagestartendrole
Mr Michael Brown85 years May 1991- Director

P&L

April 2023

turnover

83k

+5%

operating profit

-14.4k

0%

gross margin

50.5%

+4.22%

turnover

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

Balance Sheet

April 2023

net assets

1m

-0.03%

total assets

1.4m

0%

cash

11.1k

+0.66%

net assets

Total assets minus all liabilities

michael brown associates limited company details

company number

02615910

Type

Private limited with Share Capital

industry

71111 - Architectural activities

incorporation date

May 1991

age

33

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2023

previous names

N/A

accountant

SEGRAVE & PARTNERS LLP

auditor

-

address

turnpike house, 1208 / 1210 london road, leigh-on-sea, essex, SS9 2UA

Bank

ALLIED IRISH BANK

Legal Advisor

-

michael brown associates 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 michael brown associates limited. Currently there are 2 open charges and 2 have been satisfied in the past.

charges

michael brown associates limited Companies House Filings - See Documents

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