merlot tekstil limited

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merlot tekstil limited Company Information

Share MERLOT TEKSTIL LIMITED

Company Number

03045576

Directors

Ziya Ozel

Shareholders

ziya ozel

Group Structure

View All

Industry

Manufacture of women's outerwear, other than leather clothes and workwear

 +1

Registered Address

7 prestwick close, tytherington, macclesfield, cheshire, SK10 2TH

Website

-

merlot tekstil limited Estimated Valuation

£171k

Pomanda estimates the enterprise value of MERLOT TEKSTIL LIMITED at £171k based on a Turnover of £312k and 0.55x industry multiple (adjusted for size and gross margin).

merlot tekstil limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MERLOT TEKSTIL LIMITED at £0 based on an EBITDA of £-28k and a 4.58x industry multiple (adjusted for size and gross margin).

merlot tekstil limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of MERLOT TEKSTIL LIMITED at £1.3m based on Net Assets of £486.2k and 2.71x industry multiple (adjusted for liquidity).

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Merlot Tekstil Limited Overview

Merlot Tekstil Limited is a live company located in cheshire, SK10 2TH with a Companies House number of 03045576. It operates in the manufacture of other women's outerwear sector, SIC Code 14132. Founded in April 1995, it's largest shareholder is ziya ozel with a 100% stake. Merlot Tekstil Limited is a mature, micro sized company, Pomanda has estimated its turnover at £312k with declining growth in recent years.

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Merlot Tekstil Limited Health Check

Pomanda's financial health check has awarded Merlot Tekstil Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £312k, make it smaller than the average company (£12.2m)

£312k - Merlot Tekstil Limited

£12.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -58%, show it is growing at a slower rate (8.9%)

-58% - Merlot Tekstil Limited

8.9% - Industry AVG

production

Production

with a gross margin of 29.3%, this company has a comparable cost of product (29.3%)

29.3% - Merlot Tekstil Limited

29.3% - Industry AVG

profitability

Profitability

an operating margin of -9% make it less profitable than the average company (4.3%)

-9% - Merlot Tekstil Limited

4.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (36)

2 - Merlot Tekstil Limited

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £34k, the company has an equivalent pay structure (£34k)

£34k - Merlot Tekstil Limited

£34k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £156k, this is less efficient (£241.4k)

£156k - Merlot Tekstil Limited

£241.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 88 days, this is later than average (42 days)

88 days - Merlot Tekstil Limited

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (34 days)

5 days - Merlot Tekstil Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 21 days, this is less than average (107 days)

21 days - Merlot Tekstil Limited

107 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 130 weeks, this is more cash available to meet short term requirements (23 weeks)

130 weeks - Merlot Tekstil Limited

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35%, this is a lower level of debt than the average (42.5%)

35% - Merlot Tekstil Limited

42.5% - Industry AVG

MERLOT TEKSTIL LIMITED financials

EXPORTms excel logo

Merlot Tekstil Limited's latest turnover from March 2024 is estimated at £312 thousand and the company has net assets of £486.2 thousand. According to their latest financial statements, Merlot Tekstil Limited has 2 employees and maintains cash reserves of £660 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover312,008608,8501,165,1084,182,5311,719,0642,302,4351,915,4811,071,817232,234186,001751,457339,527289,723711,297513,430
Other Income Or Grants000000000000000
Cost Of Sales220,705449,868846,4263,205,3241,262,0211,716,2141,414,590777,098171,960136,365531,737241,925203,460494,491350,298
Gross Profit91,303158,982318,681977,208457,042586,221500,891294,72060,27449,637219,71997,60286,263216,806163,132
Admin Expenses119,335119,305376,240888,321394,537528,353283,161238,49936,60855,932192,19677,43681,281209,753134,210
Operating Profit-28,03239,677-57,55988,88762,50557,868217,73056,22123,666-6,29527,52320,1664,9827,05328,922
Interest Payable000000000000000
Interest Receivable37,81832,6974,8405714241,953728591000012212200
Pre-Tax Profit9,78572,374-52,71989,45862,92859,821218,45856,28023,766-6,29527,52320,2885,1047,05328,922
Tax-2,446-13,7510-16,997-11,956-11,366-41,507-11,256-4,7530-6,330-4,869-1,327-1,975-8,098
Profit After Tax7,33958,623-52,71972,46150,97248,455176,95145,02419,013-6,29521,19315,4193,7775,07820,824
Dividends Paid000000000000000
Retained Profit7,33958,623-52,71972,46150,97248,455176,95145,02419,013-6,29521,19315,4193,7775,07820,824
Employee Costs67,90961,37857,19551,92460,32360,02963,39761,37563,12530,30289,49160,15255,102116,35685,040
Number Of Employees222222222132243
EBITDA*-27,98539,740-57,47588,99962,65458,017217,91756,45423,958-5,93127,97820,7355,6947,94230,034

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1421892523364485977469331,1661,4581,8222,2772,8463,5584,447
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1421892523364485977469331,1661,4581,8222,2772,8463,5584,447
Stock & work in progress13,06934,19829,115169,22125,000000010,0009,74015,42015,42033,45037,350
Trade Debtors75,28883,465146,270765,918192,941450,347304,898224,3898,82456,036146,91465,76533,943120,15075,495
Group Debtors000000000000000
Misc Debtors0020,4760026,03666,03656,03656,036000000
Cash660,038780,629758,039532,723610,175237,542283,3737,67939,91100048,87900
misc current assets000000000000000
total current assets748,395898,292953,9001,467,862828,116713,925654,307288,104104,77166,036156,65481,18598,242153,600112,845
total assets748,537898,481954,1521,468,198828,564714,522655,053289,037105,93767,494158,47683,462101,088157,158117,292
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 3,576168,691361,804784,547351,871340,541303,013158,93926,0407,398038,26471,309131,15696,368
Group/Directors Accounts111111111111111111111111111000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities258,627250,790171,964210,53876,02724,26850,7655,854677000000
total current liabilities262,314419,592533,879995,196428,009364,920353,889164,90426,8287,398038,26471,309131,15696,368
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000092,0850000
provisions813203044638000000000
total long term liabilities813203044638000092,0850000
total liabilities262,322419,605533,899995,226428,053364,983353,969164,90426,8287,39892,08538,26471,309131,15696,368
net assets486,215478,876420,253472,972400,511349,539301,084124,13379,10960,09666,39145,19829,77926,00220,924
total shareholders funds486,215478,876420,253472,972400,511349,539301,084124,13379,10960,09666,39145,19829,77926,00220,924
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-28,03239,677-57,55988,88762,50557,868217,73056,22123,666-6,29527,52320,1664,9827,05328,922
Depreciation4763841121491491872332923644555697128891,112
Amortisation000000000000000
Tax-2,446-13,7510-16,997-11,956-11,366-41,507-11,256-4,7530-6,330-4,869-1,327-1,975-8,098
Stock-21,1295,083-140,106144,22125,000000-10,000260-5,6800-18,030-3,90037,350
Debtors-8,177-83,281-599,172572,977-283,442105,44990,509215,5658,824-90,87881,14931,822-86,20744,65575,495
Creditors-165,115-193,113-422,743432,67611,33037,528144,074132,89918,6427,398-38,264-33,045-59,84734,78896,368
Accruals and Deferred Income7,83778,826-38,574134,51151,759-26,49744,9115,177677000000
Deferred Taxes & Provisions-5-7-10-14-19-178000000000
Cash flow from operations-158,408-10,107220,476-78,023372,210-47,784274,966-32,29139,70092,085-92,085-49,00148,75705,459
Investing Activities
capital expenditure00000000000000-5,559
Change in Investments000000000000000
cash flow from investments00000000000000-5,559
Financing Activities
Bank loans000000000000000
Group/Directors Accounts00000000111000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000-92,08592,0850000
share issue00000000000000100
interest37,81832,6974,8405714241,953728591000012212200
cash flow from financing37,81832,6974,8405714241,95372859211-92,08592,0851221220100
cash and cash equivalents
cash-120,59122,590225,316-77,452372,633-45,831275,694-32,23239,91100-48,87948,87900
overdraft000000000000000
change in cash-120,59122,590225,316-77,452372,633-45,831275,694-32,23239,91100-48,87948,87900

merlot tekstil 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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Merlot Tekstil Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for merlot tekstil limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in SK10 area or any other competitors across 12 key performance metrics.

merlot tekstil limited Ownership

MERLOT TEKSTIL LIMITED group structure

Merlot Tekstil Limited has no subsidiary companies.

Ultimate parent company

MERLOT TEKSTIL LIMITED

03045576

MERLOT TEKSTIL LIMITED Shareholders

ziya ozel 100%

merlot tekstil limited directors

Merlot Tekstil Limited currently has 1 director, Mr Ziya Ozel serving since Dec 2006.

officercountryagestartendrole
Mr Ziya Ozel64 years Dec 2006- Director

P&L

March 2024

turnover

312k

-49%

operating profit

-28k

0%

gross margin

29.3%

+12.07%

turnover

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

Balance Sheet

March 2024

net assets

486.2k

+0.02%

total assets

748.5k

-0.17%

cash

660k

-0.15%

net assets

Total assets minus all liabilities

merlot tekstil limited company details

company number

03045576

Type

Private limited with Share Capital

industry

14132 - Manufacture of women's outerwear, other than leather clothes and workwear

14190 - Manufacture of other wearing apparel and accessories

incorporation date

April 1995

age

30

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

7 prestwick close, tytherington, macclesfield, cheshire, SK10 2TH

Bank

BARCLAYS BANK PLC

Legal Advisor

-

merlot tekstil 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 1 charges/mortgages relating to merlot tekstil limited. Currently there are 1 open charges and 0 have been satisfied in the past.

merlot tekstil 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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merlot tekstil limited Companies House Filings - See Documents

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