Pomanda estimates the enterprise value of MECHLINE DEVELOPMENTS LIMITED at £9.6m based on a Turnover of £11m and 0.87x industry multiple (adjusted for size and gross margin).
mechline developments limitedEstimated Valuation
£10.3m
Pomanda estimates the enterprise value of MECHLINE DEVELOPMENTS LIMITED at £10.3m based on an EBITDA of £1.5m and a 6.74x industry multiple (adjusted for size and gross margin).
mechline developments limitedEstimated Valuation
£28.4m
Pomanda estimates the enterprise value of MECHLINE DEVELOPMENTS LIMITED at £28.4m based on Net Assets of £11.5m and 2.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mechline Developments LimitedOverview
Mechline Developments Limited is a live company located in milton keynes, MK10 0DE with a Companies House number of 02632823. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in July 1991, it's largest shareholder is
mechline holdings limited
with a 100% stake. Mechline Developments Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£11m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Mechline Developments Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
1 Regular
5 Weak
Size
annual sales of £11m, make it larger than the average company (£8.3m)
£11m - Mechline Developments Limited
£8.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (12.6%)
6% - Mechline Developments Limited
12.6% - Industry AVG
Production
with a gross margin of 40.1%, this company has a lower cost of product (29.5%)
40.1% - Mechline Developments Limited
29.5% - Industry AVG
Profitability
an operating margin of 13.1% make it more profitable than the average company (4.7%)
13.1% - Mechline Developments Limited
4.7% - Industry AVG
Employees
with 48 employees, this is similar to the industry average (51)
48 - Mechline Developments Limited
51 - Industry AVG
Pay Structure
on an average salary of £49.4k, the company has a higher pay structure (£33.8k)
£49.4k - Mechline Developments Limited
£33.8k - Industry AVG
Efficiency
resulting in sales per employee of £229.3k, this is more efficient (£121.3k)
£229.3k - Mechline Developments Limited
£121.3k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (41 days)
71 days - Mechline Developments Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (36 days)
31 days - Mechline Developments Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 114 days, this is more than average (39 days)
114 days - Mechline Developments Limited
39 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 104 weeks, this is more cash available to meet short term requirements (18 weeks)
104 weeks - Mechline Developments Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.4%, this is a lower level of debt than the average (56.5%)
14.4% - Mechline Developments Limited
56.5% - Industry AVG
MECHLINE DEVELOPMENTS LIMITED financials
EXPORT
Mechline Developments Limited's latest turnover from July 2024 is £11 million and the company has net assets of £11.5 million. According to their latest financial statements, Mechline Developments Limited has 48 employees and maintains cash reserves of £3.5 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Turnover
11,007,030
10,824,531
11,598,582
9,273,804
8,444,252
9,197,717
8,246,985
9,776,778
9,541,319
9,704,648
8,824,513
7,213,400
9,287,041
9,547,146
9,353,641
Other Income Or Grants
Cost Of Sales
6,591,094
6,738,983
8,232,912
6,768,929
6,055,876
6,536,964
5,825,734
5,727,268
5,342,131
5,332,627
5,078,329
4,456,800
6,587,720
6,537,564
6,352,342
Gross Profit
4,415,936
4,085,548
3,365,670
2,504,876
2,388,377
2,660,752
2,421,251
4,049,510
4,199,188
4,372,021
3,746,184
2,756,600
2,699,322
3,009,582
3,001,299
Admin Expenses
2,977,251
2,997,363
3,223,159
929,108
1,368,752
526,429
851,152
2,859,626
3,134,514
2,817,556
2,889,637
2,374,240
2,286,103
2,656,595
2,937,269
-1,038,980
Operating Profit
1,438,685
1,088,185
142,511
1,575,768
1,019,625
2,134,323
1,570,099
1,189,884
1,064,674
1,554,465
856,547
382,360
413,219
352,987
64,030
1,038,980
Interest Payable
15,564
16,337
1,696
3,701
3,779
3,510
1,841
33,492
31,906
29,679
6,660
13,256
12,113
7,934
Interest Receivable
43,540
10,634
24,233
1,883
1,650
10,317
3,815
1,790
4,895
3,055
1,495
1,668
1,070
498
459
366
Pre-Tax Profit
1,466,661
1,082,482
165,048
1,573,949
1,017,495
2,141,130
1,572,073
1,158,182
1,037,663
1,527,841
851,382
370,772
414,289
353,485
64,489
1,039,346
Tax
-291,564
-143,193
-31,359
-299,050
-193,324
-406,815
-298,694
-58,106
-77,329
-203,631
-70,000
-99,429
-91,906
-18,057
-291,017
Profit After Tax
1,175,097
939,289
133,689
1,274,899
824,171
1,734,315
1,273,379
1,100,076
960,334
1,324,210
781,382
370,772
314,860
261,579
46,432
748,329
Dividends Paid
804,000
629,500
242,599
157,143
Retained Profit
371,097
309,789
133,689
1,274,899
824,171
1,734,315
1,273,379
1,100,076
960,334
1,081,611
624,239
370,772
314,860
261,579
46,432
748,329
Employee Costs
2,372,783
2,441,248
1,285,010
1,169,815
1,367,956
1,431,570
1,352,924
1,312,964
2,435,509
2,139,060
1,964,606
1,572,547
2,415,377
2,762,661
2,466,716
Number Of Employees
48
50
43
41
49
50
48
47
45
43
84
72
95
109
95
EBITDA*
1,526,941
1,193,114
277,939
1,721,579
1,179,540
2,336,617
1,749,005
1,311,586
1,199,158
1,683,734
974,173
457,754
500,663
424,534
151,171
1,110,079
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Tangible Assets
283,521
358,009
442,169
404,684
553,935
680,762
654,559
732,201
308,112
257,791
230,469
210,470
232,867
243,171
180,093
183,451
Intangible Assets
19,673
25,163
41,250
55,000
68,750
82,500
96,250
110,000
123,750
137,500
151,250
165,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
303,194
383,172
442,169
404,684
553,935
680,762
695,809
787,201
376,862
340,291
326,719
320,470
356,617
380,671
331,343
348,451
Stock & work in progress
2,060,198
3,030,313
2,476,693
1,428,173
1,731,717
1,065,373
1,265,171
834,617
990,921
1,051,666
1,292,172
951,585
936,310
858,164
1,018,042
613,959
Trade Debtors
2,151,432
2,031,791
2,330,047
1,957,417
1,385,443
2,014,786
1,671,363
1,830,634
1,893,535
1,767,141
1,421,717
1,959,566
1,500,448
1,558,577
1,330,607
1,245,496
Group Debtors
5,254,650
5,443,500
5,718,500
6,095,500
5,335,500
4,555,500
3,745,500
2,925,500
Misc Debtors
226,191
176,631
164,536
131,396
515,606
161,015
128,790
167,122
103,150
86,298
267,220
104,647
Cash
3,475,337
1,596,974
1,623,120
2,254,159
1,512,361
1,787,426
963,877
561,995
2,701,069
2,028,172
648,966
319,164
265,821
162,254
37,066
146,422
misc current assets
total current assets
13,167,808
12,279,209
12,312,896
11,866,645
10,480,627
9,584,100
7,774,701
6,319,868
5,688,675
4,933,277
3,630,075
3,334,962
2,702,579
2,578,995
2,385,715
2,005,877
total assets
13,471,002
12,662,381
12,755,065
12,271,329
11,034,562
10,264,862
8,470,510
7,107,069
6,065,537
5,273,568
3,956,794
3,655,432
3,059,196
2,959,666
2,717,058
2,354,328
Bank overdraft
64,650
1,968
44,819
76,538
47,378
56,634
Bank loan
19,464
75,000
75,000
Trade Creditors
565,486
481,867
785,619
468,377
331,377
503,620
420,018
502,578
483,466
628,558
862,109
892,998
1,026,746
1,314,939
1,367,612
1,084,400
Group/Directors Accounts
other short term finances
hp & lease commitments
20,372
2,667
other current liabilities
1,161,472
919,951
914,412
852,245
898,606
805,737
871,796
633,383
622,014
758,579
528,534
349,635
total current liabilities
1,726,958
1,466,468
1,701,999
1,365,441
1,306,521
1,356,735
1,348,448
1,135,961
1,125,852
1,406,601
1,465,643
1,320,300
1,026,746
1,314,939
1,367,612
1,084,400
loans
24,296
100,660
hp & lease commitments
80,964
Accruals and Deferred Income
other liabilities
6,545
23,261
59,277
168,750
95,887
62,185
29,099
provisions
213,829
211,295
203,737
190,248
287,300
285,012
216,546
302,955
349,921
318,501
total long term liabilities
213,829
211,295
203,737
190,248
287,300
291,557
239,807
362,232
430,885
318,501
24,296
100,660
168,750
95,887
62,185
29,099
total liabilities
1,940,787
1,677,763
1,905,736
1,555,689
1,593,821
1,648,292
1,588,255
1,498,193
1,556,737
1,725,102
1,489,939
1,420,960
1,195,496
1,410,826
1,429,797
1,113,499
net assets
11,530,215
10,984,618
10,849,329
10,715,640
9,440,741
8,616,570
6,882,255
5,608,876
4,508,800
3,548,466
2,466,855
2,234,472
1,863,700
1,548,840
1,287,261
1,240,829
total shareholders funds
11,530,215
10,984,618
10,849,329
10,715,640
9,440,741
8,616,570
6,882,255
5,608,876
4,508,800
3,548,466
2,466,855
2,234,472
1,863,700
1,548,840
1,287,261
1,240,829
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Operating Activities
Operating Profit
1,438,685
1,088,185
142,511
1,575,768
1,019,625
2,134,323
1,570,099
1,189,884
1,064,674
1,554,465
856,547
382,360
413,219
352,987
64,030
1,038,980
Depreciation
82,766
102,642
135,428
145,811
159,915
161,044
165,156
107,952
120,734
115,519
103,876
61,644
73,694
57,797
73,391
57,349
Amortisation
5,490
2,287
41,250
13,750
13,750
13,750
13,750
13,750
13,750
13,750
13,750
13,750
13,750
Tax
-291,564
-143,193
-31,359
-299,050
-193,324
-406,815
-298,694
-58,106
-77,329
-203,631
-70,000
-99,429
-91,906
-18,057
-291,017
Stock
-970,115
553,620
1,048,520
-303,544
666,344
-199,798
430,554
-156,304
-60,745
-240,506
340,587
15,275
78,146
-159,878
404,083
613,959
Debtors
-19,649
-561,161
28,770
947,764
505,248
1,185,648
622,397
2,926,571
143,246
164,502
-375,276
563,765
-58,129
227,970
85,111
1,245,496
Creditors
83,619
-303,752
317,242
137,000
-172,243
83,602
-82,560
19,112
-145,092
-233,551
-30,889
-133,748
-288,193
-52,673
283,212
1,084,400
Accruals and Deferred Income
241,521
5,539
62,167
-46,361
92,869
-66,059
238,413
11,369
-136,565
230,045
178,899
349,635
Deferred Taxes & Provisions
2,534
7,558
13,489
-97,052
2,288
68,466
-86,409
-46,966
31,420
318,501
Cash flow from operations
2,552,815
766,807
-437,812
771,896
-262,462
1,029,961
466,804
-1,533,272
789,091
1,871,102
1,086,872
94,601
93,024
211,863
-72,868
44,007
Investing Activities
capital expenditure
-8,278
-45,932
-172,913
3,440
-33,088
-187,247
-87,514
-532,041
-41,533
-135,397
-124,281
-40,541
-63,390
-120,875
-70,033
-419,550
Change in Investments
cash flow from investments
-8,278
-45,932
-172,913
3,440
-33,088
-187,247
-87,514
-532,041
-41,533
-135,397
-124,281
-40,541
-63,390
-120,875
-70,033
-419,550
Financing Activities
Bank loans
-19,464
-55,536
75,000
Group/Directors Accounts
Other Short Term Loans
Long term loans
-24,296
-76,364
100,660
Hire Purchase and Lease Commitments
-101,336
101,336
-2,667
2,667
other long term liabilities
-6,545
-16,716
-36,016
59,277
-168,750
72,863
33,702
33,086
29,099
share issue
174,500
-174,500
-391,856
492,500
interest
27,976
-5,703
22,537
-1,818
-2,129
6,807
1,974
-31,702
-27,011
-26,624
-5,165
-11,588
-11,043
-7,436
459
366
cash flow from financing
202,476
-180,203
22,537
-1,818
-8,674
-9,909
-34,042
-73,761
54,861
-106,456
-476,052
-2,011
61,820
26,266
33,545
521,965
cash and cash equivalents
cash
1,878,363
-26,146
-631,039
741,798
-275,065
823,549
401,882
-2,139,074
672,897
1,379,206
329,802
53,343
103,567
125,188
-109,356
146,422
overdraft
-64,650
62,682
-42,851
-31,719
29,160
-9,256
56,634
change in cash
1,943,013
-88,828
-588,188
773,517
-304,225
832,805
345,248
-2,139,074
672,897
1,379,206
329,802
53,343
103,567
125,188
-109,356
146,422
mechline developments limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for mechline developments limited. Get real-time insights into mechline developments limited's credit score, group structure and payment trends.
Perform a competitor analysis for mechline developments limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in MK10 area or any other competitors across 12 key performance metrics.
mechline developments limited Ownership
MECHLINE DEVELOPMENTS LIMITED group structure
Mechline Developments Limited has no subsidiary companies.
The sole shareholder of Mechline Developments Limited is Mechline Holdings Limited.
mechline holdings limited
100%
mechline developments limited directors
Mechline Developments Limited currently has 4 directors.
The longest serving directors include
Mr Peter Galliford (Oct 1995) and
Mr Andrew Farrell (Dec 2012).
one brudenell drive, brinklow, milton keynes, buckinghamshire, MK10 0DE
Bank
-
Legal Advisor
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mechline developments 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 mechline developments limited. Currently there are 2 open charges and 3 have been satisfied in the past.
mechline developments 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 MECHLINE DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
mechline developments limitedCompanies House Filings - See Documents
