merdean limited
merdean limited Company Information
Group Structure
View All
Industry
Repair of other equipment
Registered Address
186 nottingham road, langley mill, derbyshire, NG16 4HG
Website
www.merdean.co.ukmerdean limited Estimated Valuation
Pomanda estimates the enterprise value of MERDEAN LIMITED at £94.9k based on a Turnover of £170.1k and 0.56x industry multiple (adjusted for size and gross margin).
merdean limited Estimated Valuation
Pomanda estimates the enterprise value of MERDEAN LIMITED at £0 based on an EBITDA of £-12.4k and a 4.59x industry multiple (adjusted for size and gross margin).
merdean limited Estimated Valuation
Pomanda estimates the enterprise value of MERDEAN LIMITED at £100k based on Net Assets of £30.2k and 3.31x industry multiple (adjusted for liquidity).
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Merdean Limited Overview
Merdean Limited is a live company located in derbyshire, NG16 4HG with a Companies House number of 03026780. It operates in the repair of other equipment sector, SIC Code 33190. Founded in February 1995, it's largest shareholder is lynne goode with a 100% stake. Merdean Limited is a mature, micro sized company, Pomanda has estimated its turnover at £170.1k with high growth in recent years.
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Merdean Limited Health Check
Pomanda's financial health check has awarded Merdean Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £170.1k, make it smaller than the average company (£3.9m)
- Merdean Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (7.4%)
- Merdean Limited
7.4% - Industry AVG
Production
with a gross margin of 30.2%, this company has a comparable cost of product (30.2%)
- Merdean Limited
30.2% - Industry AVG
Profitability
an operating margin of -7.3% make it less profitable than the average company (6.9%)
- Merdean Limited
6.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (22)
2 - Merdean Limited
22 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Merdean Limited
£44k - Industry AVG
Efficiency
resulting in sales per employee of £85.1k, this is less efficient (£140.2k)
- Merdean Limited
£140.2k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (57 days)
- Merdean Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (30 days)
- Merdean Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Merdean Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (17 weeks)
54 weeks - Merdean Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39%, this is a lower level of debt than the average (54.5%)
39% - Merdean Limited
54.5% - Industry AVG
MERDEAN LIMITED financials
Merdean Limited's latest turnover from February 2024 is estimated at £170.1 thousand and the company has net assets of £30.2 thousand. According to their latest financial statements, Merdean Limited has 2 employees and maintains cash reserves of £20.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8 | 63 | 214 | 1,189 | 1,410 | 1,660 | 2,213 | 2,188 | 2,801 | 3,735 | 22,488 | 27,992 | 4,825 | 5,724 | 7,072 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 8 | 63 | 214 | 1,189 | 1,410 | 1,660 | 2,213 | 2,188 | 2,801 | 3,735 | 22,488 | 27,992 | 4,825 | 5,724 | 7,072 |
| Stock & work in progress | 5,125 | ||||||||||||||
| Trade Debtors | 27,433 | 13,088 | 36,306 | 11,516 | 21,163 | 10,890 | 10,116 | 18,960 | 22,967 | 21,266 | 23,995 | 23,363 | 22,819 | 22,530 | 18,890 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,667 | 2,113 | 7,898 | 917 | |||||||||||
| Cash | 20,426 | 37,791 | 21,798 | 15,241 | 19,647 | 12,278 | 19,355 | 5,742 | 1,345 | 8,372 | 12,526 | ||||
| misc current assets | |||||||||||||||
| total current assets | 49,526 | 52,992 | 66,002 | 27,674 | 26,288 | 10,890 | 10,116 | 18,960 | 42,614 | 33,544 | 43,350 | 29,105 | 24,164 | 30,902 | 31,416 |
| total assets | 49,534 | 53,055 | 66,216 | 28,863 | 27,698 | 12,550 | 12,329 | 21,148 | 45,415 | 37,279 | 65,838 | 57,097 | 28,989 | 36,626 | 38,488 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 341 | 5,095 | 84 | 23,952 | 21,228 | 21,399 | 15,653 | 25,739 | 18,079 | 46,840 | 26,450 | 15,427 | 18,065 | 15,592 | |
| Group/Directors Accounts | 2,055 | 1,356 | 479 | 265 | |||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 16,944 | 10,621 | 22,342 | 13,773 | |||||||||||
| total current liabilities | 19,340 | 11,977 | 27,916 | 14,122 | 23,952 | 21,228 | 21,399 | 15,653 | 25,739 | 18,079 | 46,840 | 26,450 | 15,427 | 18,065 | 15,592 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 24,023 | ||||||||||||||
| provisions | 256 | 258 | 321 | ||||||||||||
| total long term liabilities | 24,023 | 256 | 258 | 321 | |||||||||||
| total liabilities | 19,340 | 11,977 | 27,916 | 14,122 | 23,952 | 21,228 | 21,399 | 15,653 | 25,739 | 18,079 | 46,840 | 50,473 | 15,683 | 18,323 | 15,913 |
| net assets | 30,194 | 41,078 | 38,300 | 14,741 | 3,746 | -8,678 | -9,070 | 5,495 | 19,676 | 19,200 | 18,998 | 6,624 | 13,306 | 18,303 | 22,575 |
| total shareholders funds | 30,194 | 41,078 | 38,300 | 14,741 | 3,746 | -8,678 | -9,070 | 5,495 | 19,676 | 19,200 | 18,998 | 6,624 | 13,306 | 18,303 | 22,575 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 55 | 151 | 888 | 396 | 471 | 553 | 773 | 717 | 934 | 1,245 | 5,870 | 15,833 | 1,610 | 1,910 | 2,357 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -5,125 | 5,125 | |||||||||||||
| Debtors | 13,899 | -29,003 | 31,771 | -8,730 | 10,273 | 774 | -8,844 | -4,007 | 1,701 | -2,729 | 632 | 544 | 289 | 3,640 | 18,890 |
| Creditors | 341 | -5,095 | 5,011 | -23,868 | 2,724 | -171 | 5,746 | -10,086 | 7,660 | -28,761 | 20,390 | 11,023 | -2,638 | 2,473 | 15,592 |
| Accruals and Deferred Income | 6,323 | -11,721 | 8,569 | 13,773 | |||||||||||
| Deferred Taxes & Provisions | -256 | -2 | -63 | 321 | |||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 699 | 877 | 214 | 265 | |||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -24,023 | 24,023 | |||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -17,365 | 15,993 | 6,557 | 15,241 | -19,647 | 7,369 | -7,077 | 13,613 | 4,397 | -7,027 | -4,154 | 12,526 | |||
| overdraft | |||||||||||||||
| change in cash | -17,365 | 15,993 | 6,557 | 15,241 | -19,647 | 7,369 | -7,077 | 13,613 | 4,397 | -7,027 | -4,154 | 12,526 |
merdean limited Credit Report and Business Information
Merdean Limited Competitor Analysis
Perform a competitor analysis for merdean limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in NG16 area or any other competitors across 12 key performance metrics.
merdean limited Ownership
MERDEAN LIMITED group structure
Merdean Limited has no subsidiary companies.
Ultimate parent company
MERDEAN LIMITED
03026780
merdean limited directors
Merdean Limited currently has 1 director, Lynne Goode serving since Mar 1995.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Lynne Goode | England | 74 years | Mar 1995 | - | Director |
P&L
February 2024turnover
170.1k
+15%
operating profit
-12.4k
0%
gross margin
30.3%
-19.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
30.2k
-0.26%
total assets
49.5k
-0.07%
cash
20.4k
-0.46%
net assets
Total assets minus all liabilities
merdean limited company details
company number
03026780
Type
Private limited with Share Capital
industry
33190 - Repair of other equipment
incorporation date
February 1995
age
30
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
186 nottingham road, langley mill, derbyshire, NG16 4HG
Bank
-
Legal Advisor
-
merdean 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 did not find charges/mortgages relating to merdean limited.
merdean 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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merdean limited Companies House Filings - See Documents
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