Pomanda estimates the enterprise value of MILLWRIGHT ENGINEERING LIMITED at £233.4k based on a Turnover of £550.8k and 0.42x industry multiple (adjusted for size and gross margin).
millwright engineering limitedEstimated Valuation
£56.1k
Pomanda estimates the enterprise value of MILLWRIGHT ENGINEERING LIMITED at £56.1k based on an EBITDA of £16.9k and a 3.32x industry multiple (adjusted for size and gross margin).
millwright engineering limitedEstimated Valuation
£202.4k
Pomanda estimates the enterprise value of MILLWRIGHT ENGINEERING LIMITED at £202.4k based on Net Assets of £103.2k and 1.96x industry multiple (adjusted for liquidity).
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Millwright Engineering LimitedOverview
Millwright Engineering Limited is a live company located in woorburn green, HP10 0PS with a Companies House number of 02887366. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in January 1994, it's largest shareholder is
john humphrey thomas
with a 90% stake. Millwright Engineering Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£550.8k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Millwright Engineering Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £550.8k, make it smaller than the average company (£13.5m)
£550.8k - Millwright Engineering Limited
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (9.6%)
5% - Millwright Engineering Limited
9.6% - Industry AVG
Production
with a gross margin of 21.7%, this company has a higher cost of product (29.3%)
21.7% - Millwright Engineering Limited
29.3% - Industry AVG
Profitability
an operating margin of 3.1% make it less profitable than the average company (6.3%)
3.1% - Millwright Engineering Limited
6.3% - Industry AVG
Employees
with 6 employees, this is below the industry average (80)
6 - Millwright Engineering Limited
80 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
£40.9k - Millwright Engineering Limited
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £91.8k, this is less efficient (£151.7k)
£91.8k - Millwright Engineering Limited
£151.7k - Industry AVG
Debtor Days
it gets paid by customers after 102 days, this is later than average (59 days)
102 days - Millwright Engineering Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (44 days)
36 days - Millwright Engineering Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Millwright Engineering Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Millwright Engineering Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.4%, this is a lower level of debt than the average (45.8%)
36.4% - Millwright Engineering Limited
45.8% - Industry AVG
MILLWRIGHT ENGINEERING LIMITED financials
EXPORT
Millwright Engineering Limited's latest turnover from March 2024 is estimated at £550.8 thousand and the company has net assets of £103.2 thousand. According to their latest financial statements, Millwright Engineering Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
550,838
519,297
543,974
471,266
403,910
478,849
552,001
518,690
337,139
277,773
239,838
318,036
366,600
395,928
516,201
Other Income Or Grants
Cost Of Sales
431,393
411,952
435,861
382,698
321,018
378,799
430,220
404,760
263,746
216,655
190,414
250,946
287,831
310,892
411,961
Gross Profit
119,446
107,345
108,113
88,568
82,892
100,049
121,782
113,930
73,393
61,117
49,424
67,090
78,769
85,036
104,241
Admin Expenses
102,543
111,061
89,759
86,411
66,456
141,936
117,410
156,296
-23,029
10,528
18,680
13,737
-7,386
105,714
184,894
Operating Profit
16,903
-3,716
18,354
2,157
16,436
-41,887
4,372
-42,366
96,422
50,589
30,744
53,353
86,155
-20,678
-80,653
Interest Payable
Interest Receivable
85
334
338
379
313
117
9
Pre-Tax Profit
16,903
-3,716
18,354
2,157
16,436
-41,887
4,372
-42,281
96,756
50,928
31,123
53,666
86,272
-20,669
-80,653
Tax
-4,226
-3,487
-410
-3,123
-831
-19,351
-10,695
-7,158
-12,880
-22,431
Profit After Tax
12,677
-3,716
14,867
1,747
13,313
-41,887
3,541
-42,281
77,405
40,233
23,965
40,786
63,841
-20,669
-80,653
Dividends Paid
Retained Profit
12,677
-3,716
14,867
1,747
13,313
-41,887
3,541
-42,281
77,405
40,233
23,965
40,786
63,841
-20,669
-80,653
Employee Costs
245,568
270,130
291,678
247,232
250,352
274,327
369,351
330,282
64,797
63,535
63,127
62,111
61,217
88,742
116,599
Number Of Employees
6
7
8
7
7
8
11
10
2
2
2
2
2
3
4
EBITDA*
16,903
-3,716
18,354
2,157
16,436
-41,887
4,372
-42,366
102,839
56,681
36,835
58,251
91,221
-17,342
-77,317
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
7,737
11,773
15,809
411
2,874
5,338
8,996
5,559
11,651
17,742
15,490
3,337
6,673
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
7,737
11,773
15,809
411
2,874
5,338
8,996
5,559
11,651
17,742
15,490
3,337
6,673
Stock & work in progress
4,275
39,500
9,750
12,500
11,702
16,220
9,941
Trade Debtors
154,415
140,307
152,084
146,341
102,249
116,857
141,393
138,422
130,797
67,873
56,584
67,553
89,451
95,439
130,210
Group Debtors
Misc Debtors
6,361
5,761
5,761
5,762
11,324
Cash
68,283
65,417
69,937
81,725
43,284
3,376
126
misc current assets
11,167
10,969
total current assets
154,415
146,668
157,845
152,102
108,011
128,181
152,560
149,391
203,355
172,790
136,271
161,778
144,437
115,035
140,277
total assets
162,152
158,441
173,654
152,102
108,011
128,592
155,434
154,729
212,351
178,349
147,922
179,520
159,927
118,372
146,950
Bank overdraft
Bank loan
Trade Creditors
42,883
43,859
47,346
32,661
26,317
60,211
45,166
45,502
66,443
109,846
119,652
175,215
196,408
218,694
226,603
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
42,883
43,859
47,346
32,661
26,317
60,211
45,166
45,502
66,443
109,846
119,652
175,215
196,408
218,694
226,603
loans
hp & lease commitments
Accruals and Deferred Income
4,100
4,100
4,100
4,100
4,100
4,100
4,100
6,600
other liabilities
12,000
19,990
28,000
36,000
provisions
total long term liabilities
16,100
24,090
32,100
40,100
4,100
4,100
4,100
6,600
total liabilities
58,983
67,949
79,446
72,761
30,417
64,311
49,266
52,102
66,443
109,846
119,652
175,215
196,408
218,694
226,603
net assets
103,169
90,492
94,208
79,341
77,594
64,281
106,168
102,627
145,908
68,503
28,270
4,305
-36,481
-100,322
-79,653
total shareholders funds
103,169
90,492
94,208
79,341
77,594
64,281
106,168
102,627
145,908
68,503
28,270
4,305
-36,481
-100,322
-79,653
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
16,903
-3,716
18,354
2,157
16,436
-41,887
4,372
-42,366
96,422
50,589
30,744
53,353
86,155
-20,678
-80,653
Depreciation
6,417
6,092
6,091
4,898
5,066
3,336
3,336
Amortisation
Tax
-4,226
-3,487
-410
-3,123
-831
-19,351
-10,695
-7,158
-12,880
-22,431
Stock
-4,275
-35,225
29,750
-2,750
798
-4,518
6,279
9,941
Debtors
7,747
-11,177
5,743
44,091
-20,170
-13,212
2,971
7,625
62,924
11,289
-10,969
-21,898
-5,988
-34,771
130,210
Creditors
-976
-3,487
14,685
6,344
-33,894
15,045
-336
-20,941
-43,403
-9,806
-55,563
-21,193
-22,286
-7,909
226,603
Accruals and Deferred Income
-2,500
6,600
Deferred Taxes & Provisions
Cash flow from operations
3,954
3,974
23,809
-36,000
-411
-13,630
-2,266
-60,057
12,386
-4,859
-12,167
45,278
57,010
3,241
9,135
Investing Activities
capital expenditure
4,036
4,036
-15,809
411
2,463
2,464
3,658
-9,854
-7,150
-17,219
-10,009
Change in Investments
cash flow from investments
4,036
4,036
-15,809
411
2,463
2,464
3,658
-9,854
-7,150
-17,219
-10,009
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-7,990
-8,010
-8,000
36,000
share issue
-1,000
1,000
interest
85
334
338
379
313
117
9
cash flow from financing
-7,990
-8,010
-8,000
36,000
-915
334
338
379
313
117
9
1,000
cash and cash equivalents
cash
-68,283
2,866
-4,520
-11,788
38,441
39,908
3,250
126
overdraft
change in cash
-68,283
2,866
-4,520
-11,788
38,441
39,908
3,250
126
millwright engineering 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 millwright engineering limited. Get real-time insights into millwright engineering limited's credit score, group structure and payment trends.
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millwright engineering limited Ownership
MILLWRIGHT ENGINEERING LIMITED group structure
Millwright Engineering Limited has no subsidiary companies.
Ultimate parent company
MILLWRIGHT ENGINEERING LIMITED
02887366
MILLWRIGHT ENGINEERING LIMITED Shareholders
The largest shareholders in Millwright Engineering Limited include John Humphrey Thomas and Carol Thomas.
john humphrey thomas
90%
carol thomas
10%
millwright engineering limited directors
Millwright Engineering Limited currently has 3 directors.
The longest serving directors include
Mr John Thomas (Jan 1994) and
Mr Dylan Thomas (Apr 2018).
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 did not find charges/mortgages relating to millwright engineering limited.
millwright engineering 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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millwright engineering limitedCompanies House Filings - See Documents
