magnetic measurements ltd.

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magnetic measurements ltd. Company Information

Share MAGNETIC MEASUREMENTS LTD.

Company Number

02978036

Directors

Joan Shaw

John Shaw

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Shareholders

joan mary shaw

john shaw

Group Structure

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Industry

Manufacture of other special-purpose machinery n.e.c.

 +1

Registered Address

57 long lane, aughton, ormskirk, lancashire, L39 5AS

magnetic measurements ltd. Estimated Valuation

£222.7k

Pomanda estimates the enterprise value of MAGNETIC MEASUREMENTS LTD. at £222.7k based on a Turnover of £542.6k and 0.41x industry multiple (adjusted for size and gross margin).

magnetic measurements ltd. Estimated Valuation

£0

Pomanda estimates the enterprise value of MAGNETIC MEASUREMENTS LTD. at £0 based on an EBITDA of £-15.6k and a 2.87x industry multiple (adjusted for size and gross margin).

magnetic measurements ltd. Estimated Valuation

£842.1k

Pomanda estimates the enterprise value of MAGNETIC MEASUREMENTS LTD. at £842.1k based on Net Assets of £400.7k and 2.1x industry multiple (adjusted for liquidity).

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Magnetic Measurements Ltd. Overview

Magnetic Measurements Ltd. is a live company located in ormskirk, L39 5AS with a Companies House number of 02978036. It operates in the manufacture of ovens, furnaces and furnace burners sector, SIC Code 28210. Founded in October 1994, it's largest shareholder is joan mary shaw with a 70% stake. Magnetic Measurements Ltd. is a mature, small sized company, Pomanda has estimated its turnover at £542.6k with declining growth in recent years.

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Magnetic Measurements Ltd. Health Check

Pomanda's financial health check has awarded Magnetic Measurements Ltd. a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £542.6k, make it smaller than the average company (£15.8m)

£542.6k - Magnetic Measurements Ltd.

£15.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -97%, show it is growing at a slower rate (13.4%)

-97% - Magnetic Measurements Ltd.

13.4% - Industry AVG

production

Production

with a gross margin of 18.9%, this company has a higher cost of product (30.2%)

18.9% - Magnetic Measurements Ltd.

30.2% - Industry AVG

profitability

Profitability

an operating margin of -2.9% make it less profitable than the average company (6%)

-2.9% - Magnetic Measurements Ltd.

6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (69)

2 - Magnetic Measurements Ltd.

69 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)

£49.5k - Magnetic Measurements Ltd.

£49.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £271.3k, this is more efficient (£178.1k)

£271.3k - Magnetic Measurements Ltd.

£178.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 186 days, this is later than average (64 days)

186 days - Magnetic Measurements Ltd.

64 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 31 days, this is quicker than average (36 days)

31 days - Magnetic Measurements Ltd.

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Magnetic Measurements Ltd.

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Magnetic Measurements Ltd.

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 8.6%, this is a lower level of debt than the average (57.8%)

8.6% - Magnetic Measurements Ltd.

57.8% - Industry AVG

MAGNETIC MEASUREMENTS LTD. financials

EXPORTms excel logo

Magnetic Measurements Ltd.'s latest turnover from October 2024 is estimated at £542.6 thousand and the company has net assets of £400.7 thousand. According to their latest financial statements, Magnetic Measurements Ltd. has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2024Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover542,594439,840538,56213,767,416,421755,358541,612472,973669,783140,656682,348417,857260,666137,344184,256
Other Income Or Grants
Cost Of Sales440,109351,759431,45711,561,373,480623,200436,724390,440534,056108,430527,349328,285206,778109,535141,922
Gross Profit102,48688,081107,1052,206,042,941132,158104,88882,532135,72732,227155,00089,57253,88827,80942,334
Admin Expenses118,13082,37646,1992,206,075,688125,67088,748107,62164,681-23,779158,98669,84729,32332,163-323,788154,399-215,585
Operating Profit-15,6445,70560,906-32,7476,48816,140-25,08971,04656,006-3,98619,72524,565-4,354366,122-154,399215,585
Interest Payable509509
Interest Receivable1911914088317666222783131
Pre-Tax Profit-15,6445,70560,906-32,7476,48816,140-25,08971,23756,198-3,57820,55625,331-3,732366,400-154,877215,107
Tax-1,426-11,572-1,233-3,067-13,535-11,239-4,317-5,826-95,264-60,230
Profit After Tax-15,6444,27949,334-32,7475,25513,073-25,08957,70244,958-3,57816,23919,505-3,732271,136-154,877154,877
Dividends Paid
Retained Profit-15,6444,27949,334-32,7475,25513,073-25,08957,70244,958-3,57816,23919,505-3,732271,136-154,877154,877
Employee Costs99,07695,66590,25516,330,437,55187,16491,19584,463125,12142,630165,23681,29982,01441,40137,758
Number Of Employees222362,7222223142211
EBITDA*-15,6445,70560,906-32,7476,48816,140-25,08971,04659,164-3,98620,27025,573-4,354367,903-154,399215,585

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2024Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets161,480173,407135,592138,892143,291146,423148,727151,286154,130127,924128,171128,716127,184127,678127,603
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets161,480173,407135,592138,892143,291146,423148,727151,286154,130127,924128,171128,716127,184127,678127,603
Stock & work in progress35,48524,38332,39249,28426,592
Trade Debtors276,932267,411318,713251,599295,518283,953260,750303,19935,893257,266127,53371,48140,70981,730110,684
Group Debtors
Misc Debtors
Cash153,179163,374168,924137,373111,32512,487
misc current assets
total current assets276,932267,411318,713251,599295,518283,953260,750303,199224,557257,266315,290272,797227,366219,647123,171
total assets438,412440,818454,305390,491438,809430,376409,477454,485378,687385,190443,461401,513354,550347,325250,774
Bank overdraft
Bank loan
Trade Creditors 37,72124,48342,24927,76940,16232,33652,25534,15785,620140,311114,60225,65776,18780,232
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities37,72124,48342,24927,76940,16232,33652,25534,15785,620140,311114,60225,65776,18780,232
loans15,663
hp & lease commitments
Accruals and Deferred Income
other liabilities43,34061,487
provisions
total long term liabilities43,34061,48715,663
total liabilities37,72124,48342,24927,76943,34040,16232,33652,25534,15785,620140,311114,60287,14476,18795,895
net assets400,691416,335412,056362,722395,469390,214377,141402,230344,530299,570303,150286,911267,406271,138154,879
total shareholders funds400,691416,335412,056362,722395,469390,214377,141402,230344,530299,570303,150286,911267,406271,138154,879
Oct 2024Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit-15,6445,70560,906-32,7476,48816,140-25,08971,04656,006-3,98619,72524,565-4,354366,122-154,399215,585
Depreciation3,1585451,0081,781
Amortisation
Tax-1,426-11,572-1,233-3,067-13,535-11,239-4,317-5,826-95,264-60,230
Stock-35,48535,485-24,383-8,009-16,89222,69226,592
Debtors9,521-51,30267,114-43,91911,56523,203-42,449267,306-221,373129,73356,05230,772-41,02181,730-110,684110,684
Creditors13,238-17,76614,48027,769-40,1627,826-19,91918,098-51,463-54,69125,70988,945-50,53076,187-80,23280,232
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-11,92737,815-3,30038,941-46,472-2,304-2,559-156,212182,350-164,027-6,38194,812-36,555240,504-123,947124,903
Investing Activities
capital expenditure11,927-37,8153,3004,3993,1322,3042,5592,844-29,364247-2,540494-129,459127,603-127,603
Change in Investments
cash flow from investments11,927-37,8153,3004,3993,1322,3042,5592,844-29,364247-2,540494-129,459127,603-127,603
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-15,66315,663
Hire Purchase and Lease Commitments
other long term liabilities-43,34043,340-61,48761,487
share issue-22-22-22
interest191191408831766622278-478-478
cash flow from financing-43,34043,340189193406831-60,72162,109280-16,14315,187
cash and cash equivalents
cash-153,179153,179-163,374-5,55031,55126,048111,325-12,48712,487
overdraft
change in cash-153,179153,179-163,374-5,55031,55126,048111,325-12,48712,487

magnetic measurements ltd. 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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Magnetic Measurements Ltd. Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for magnetic measurements ltd. by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in L39 area or any other competitors across 12 key performance metrics.

magnetic measurements ltd. Ownership

MAGNETIC MEASUREMENTS LTD. group structure

Magnetic Measurements Ltd. has no subsidiary companies.

Ultimate parent company

MAGNETIC MEASUREMENTS LTD.

02978036

MAGNETIC MEASUREMENTS LTD. Shareholders

joan mary shaw 70%
john shaw 30%

magnetic measurements ltd. directors

Magnetic Measurements Ltd. currently has 4 directors. The longest serving directors include Mrs Joan Shaw (Oct 1994) and Professor John Shaw (Oct 1994).

officercountryagestartendrole
Mrs Joan Shaw79 years Oct 1994- Director
Professor John ShawEngland80 years Oct 1994- Director
Mr Jeffrey ShawEngland45 years Oct 2011- Director
Mrs Jacqueline Waldock44 years Oct 2011- Director

P&L

October 2024

turnover

542.6k

+23%

operating profit

-15.6k

0%

gross margin

18.9%

-5.68%

turnover

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

Balance Sheet

October 2024

net assets

400.7k

-0.04%

total assets

438.4k

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

magnetic measurements ltd. company details

company number

02978036

Type

Private limited with Share Capital

industry

28990 - Manufacture of other special-purpose machinery n.e.c.

28210 - Manufacture of ovens, furnaces and furnace burners

incorporation date

October 1994

age

31

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2024

previous names

N/A

accountant

-

auditor

-

address

57 long lane, aughton, ormskirk, lancashire, L39 5AS

Bank

-

Legal Advisor

-

magnetic measurements ltd. 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 did not find charges/mortgages relating to magnetic measurements ltd..

magnetic measurements ltd. 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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magnetic measurements ltd. Companies House Filings - See Documents

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