Pomanda estimates the enterprise value of M L ACCESSORIES LIMITED at £61.9m based on a Turnover of £44.3m and 1.4x industry multiple (adjusted for size and gross margin).
m l accessories limitedEstimated Valuation
£63.6m
Pomanda estimates the enterprise value of M L ACCESSORIES LIMITED at £63.6m based on an EBITDA of £6.9m and a 9.2x industry multiple (adjusted for size and gross margin).
m l accessories limitedEstimated Valuation
£39.8m
Pomanda estimates the enterprise value of M L ACCESSORIES LIMITED at £39.8m based on Net Assets of £20.3m and 1.96x industry multiple (adjusted for liquidity).
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M L Accessories LimitedOverview
M L Accessories Limited is a live company located in dunstable, LU5 4LT with a Companies House number of 03500339. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in January 1998, it's largest shareholder is
slv gmbh
with a 100% stake. M L Accessories Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£44.3m with
healthy
growth in recent years.
Pomanda's financial health check has awarded M L Accessories 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 £44.3m, make it larger than the average company (£1.2m)
£44.3m - M L Accessories Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (8%)
11% - M L Accessories Limited
8% - Industry AVG
Production
with a gross margin of 39.9%, this company has a comparable cost of product (42%)
39.9% - M L Accessories Limited
42% - Industry AVG
Profitability
an operating margin of 14.7% make it more profitable than the average company (6.4%)
14.7% - M L Accessories Limited
6.4% - Industry AVG
Employees
with 91 employees, this is above the industry average (15)
91 - M L Accessories Limited
15 - Industry AVG
Pay Structure
on an average salary of £54.7k, the company has a higher pay structure (£34.5k)
£54.7k - M L Accessories Limited
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £486.7k, this is more efficient (£104.2k)
£486.7k - M L Accessories Limited
£104.2k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (31 days)
80 days - M L Accessories Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (41 days)
24 days - M L Accessories Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 197 days, this is more than average (40 days)
197 days - M L Accessories Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 10 weeks, this is less cash available to meet short term requirements (38 weeks)
10 weeks - M L Accessories Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.2%, this is a lower level of debt than the average (48.1%)
27.2% - M L Accessories Limited
48.1% - Industry AVG
M L ACCESSORIES LIMITED financials
EXPORT
M L Accessories Limited's latest turnover from December 2023 is £44.3 million and the company has net assets of £20.3 million. According to their latest financial statements, M L Accessories Limited has 91 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
44,286,064
42,519,455
41,004,536
31,989,676
29,565,470
31,402,296
32,204,647
30,361,784
25,428,075
20,335,765
16,250,902
12,440,589
9,769,924
16,921,889
Other Income Or Grants
Cost Of Sales
26,607,500
26,684,128
24,944,233
18,974,261
17,320,383
18,672,884
19,908,610
18,093,353
15,502,095
12,289,122
10,327,217
7,967,754
5,573,751
9,451,004
Gross Profit
17,678,564
15,835,327
16,060,303
13,015,415
12,245,087
12,729,412
12,296,037
12,268,431
9,925,980
8,046,643
5,923,685
4,472,835
4,196,173
7,470,885
Admin Expenses
11,176,653
10,061,435
9,005,194
12,584,227
8,302,097
7,813,998
8,563,313
6,324,681
5,399,576
4,596,660
3,917,226
3,069,550
3,193,114
7,058,645
-846,044
Operating Profit
6,501,911
5,773,892
7,055,109
431,188
3,942,990
4,915,414
3,732,724
5,943,750
4,526,404
3,449,983
2,006,459
1,403,285
1,003,059
412,240
846,044
Interest Payable
37,896
16,401
14,040
187,364
206,935
235,912
312,285
267,667
119,831
112,948
185,434
149,864
65,845
2,901
Interest Receivable
116,916
149,238
92,889
2,984
80
10
83
78
Pre-Tax Profit
6,464,015
5,757,491
7,041,069
360,740
3,885,293
4,772,391
3,423,423
5,678,863
4,406,853
3,337,035
2,006,539
1,403,295
1,003,059
409,422
846,122
Tax
-1,567,461
-1,101,493
-1,334,402
-722,553
-498,895
-757,337
-372,746
-1,156,088
-855,704
-717,079
-467,642
-348,870
-261,702
-114,638
-236,914
Profit After Tax
4,896,554
4,655,998
5,706,667
-361,813
3,386,398
4,015,054
3,050,677
4,522,775
3,551,149
2,619,956
1,538,897
1,054,425
741,357
294,784
609,208
Dividends Paid
2,700,000
3,000,000
575,000
683,640
316,350
440,250
316,985
183,000
Retained Profit
2,196,554
4,655,998
2,706,667
-361,813
3,386,398
4,015,054
3,050,677
3,947,775
2,867,509
2,303,606
1,098,647
737,440
558,357
294,784
609,208
Employee Costs
4,977,595
4,620,252
4,481,094
3,677,324
3,597,494
3,496,488
3,794,110
3,318,477
2,799,002
2,213,434
1,672,784
1,461,683
1,068,489
5,167,800
Number Of Employees
91
88
83
80
89
93
91
86
69
62
46
37
31
198
EBITDA*
6,910,283
6,213,771
7,525,181
815,366
4,459,407
5,132,858
3,884,036
6,036,203
4,574,906
3,486,772
2,034,776
1,431,796
1,029,914
427,016
858,296
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
943,180
1,176,589
1,463,408
1,490,480
1,616,511
1,923,873
673,034
598,222
177,307
166,248
127,776
130,240
128,152
424,233
324,172
Intangible Assets
199,832
235,353
239,484
197,227
170,943
11,625
26,176
26,176
Investments & Other
485,000
305,464
305,464
305,464
308,757
Debtors (Due After 1 year)
Total Fixed Assets
1,143,012
1,411,942
1,702,892
1,687,707
1,787,454
1,923,873
673,034
609,847
688,483
497,888
433,240
435,704
436,909
424,233
324,172
Stock & work in progress
14,373,473
12,320,908
14,614,764
8,353,210
7,100,916
7,821,846
8,488,339
8,483,631
6,530,028
5,352,597
2,973,557
3,157,869
2,268,430
1,650,642
1,105,431
Trade Debtors
9,736,548
9,271,648
7,367,140
7,402,042
6,181,975
6,598,061
6,490,185
7,183,376
5,622,212
4,561,019
3,599,393
2,708,921
2,052,208
1,878,065
1,312,139
Group Debtors
6,000
42,560
100
16,181,921
12,256,058
6,778,820
6,023,022
6,000,000
Misc Debtors
1,203,047
464,928
587,539
431,628
440,125
1,121,595
1,195,985
784,686
356,299
367,235
495,074
207,602
105,619
Cash
1,372,346
2,367,290
672,806
1,373,404
1,333,338
206,076
2,394,146
1,089,231
1,532,081
1,001,030
277,257
200,765
25,721
1,804
31,336
misc current assets
159,232
17,701
17,701
521,056
435,401
225,397
225,397
total current assets
26,685,414
24,430,774
23,444,041
17,560,384
31,255,976
28,021,337
25,365,176
24,085,002
20,476,021
11,507,278
7,570,678
6,275,157
4,451,978
3,530,511
2,448,906
total assets
27,828,426
25,842,716
25,146,933
19,248,091
33,043,430
29,945,210
26,038,210
24,694,849
21,164,504
12,005,166
8,003,918
6,710,861
4,888,887
3,954,744
2,773,078
Bank overdraft
1,487,500
3,849,200
139,683
395,576
142,722
Bank loan
1,487,500
Trade Creditors
1,790,385
3,531,512
4,361,249
1,340,770
1,138,838
2,395,594
2,578,099
2,584,559
1,600,346
1,322,101
1,009,566
1,190,907
999,504
2,940,113
2,162,870
Group/Directors Accounts
2,589
8,441
3,036,465
16,536
22,518
4,258
4,335
other short term finances
332,628
5,100,650
3,633,805
2,891,510
2,278,888
1,794,014
hp & lease commitments
other current liabilities
4,793,800
3,316,006
3,390,608
3,232,281
2,085,611
1,782,721
1,517,356
1,439,814
1,401,890
1,160,615
611,757
611,183
459,871
total current liabilities
6,586,774
6,855,959
10,788,322
4,573,051
3,240,985
4,178,315
4,428,083
10,612,523
8,123,541
6,331,916
4,675,034
4,480,812
3,400,446
2,940,113
2,162,870
loans
5,895,170
5,355,458
5,355,458
2,950,000
4,462,500
89,249
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
978,284
919,943
947,795
970,891
1,035,820
1,852,760
1,569,332
376,000
106,912
69,208
28,448
28,260
24,092
20,390
total long term liabilities
978,284
919,943
947,795
970,891
6,930,990
6,281,838
6,140,124
1,663,000
4,569,412
69,208
28,448
28,260
24,092
109,639
total liabilities
7,565,058
7,775,902
11,736,117
5,543,942
10,171,975
10,460,153
10,568,207
12,275,523
12,692,953
6,401,124
4,703,482
4,509,072
3,424,538
3,049,752
2,162,870
net assets
20,263,368
18,066,814
13,410,816
13,704,149
22,871,455
19,485,057
15,470,003
12,419,326
8,471,551
5,604,042
3,300,436
2,201,789
1,464,349
904,992
610,208
total shareholders funds
20,263,368
18,066,814
13,410,816
13,704,149
22,871,455
19,485,057
15,470,003
12,419,326
8,471,551
5,604,042
3,300,436
2,201,789
1,464,349
904,992
610,208
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
6,501,911
5,773,892
7,055,109
431,188
3,942,990
4,915,414
3,732,724
5,943,750
4,526,404
3,449,983
2,006,459
1,403,285
1,003,059
412,240
846,044
Depreciation
322,881
349,949
362,854
304,014
272,595
217,444
151,312
66,277
48,502
36,789
28,317
28,511
26,855
14,776
12,252
Amortisation
85,491
89,930
107,218
80,164
243,822
26,176
Tax
-1,567,461
-1,101,493
-1,334,402
-722,553
-498,895
-757,337
-372,746
-1,156,088
-855,704
-717,079
-467,642
-348,870
-261,702
-114,638
-236,914
Stock
2,052,565
-2,293,856
6,261,554
1,252,294
-720,930
-666,493
4,708
1,953,603
1,177,431
2,379,040
-184,312
889,439
617,788
545,211
1,105,431
Debtors
1,197,019
1,745,337
163,469
-14,970,251
2,828,307
5,510,724
473,906
2,012,573
7,050,257
833,787
1,177,944
758,696
279,762
565,926
1,312,139
Creditors
-1,741,127
-829,737
3,020,479
201,932
-1,256,756
-182,505
-6,460
984,213
278,245
312,535
-181,341
191,403
-1,940,609
777,243
2,162,870
Accruals and Deferred Income
1,477,794
-74,602
158,327
1,146,670
302,890
265,365
77,542
37,924
241,275
548,858
574
151,312
459,871
Deferred Taxes & Provisions
58,341
-27,852
-23,096
-64,929
-816,940
283,428
1,193,332
269,088
37,704
40,760
188
4,168
3,702
20,390
Cash flow from operations
1,888,246
4,728,606
2,921,466
15,094,443
82,329
-102,422
4,297,090
2,205,164
-3,951,262
459,019
392,923
-218,326
-1,606,374
-1,126
366,682
Investing Activities
capital expenditure
-139,442
-148,929
-485,257
-284,431
-379,998
-1,468,283
-214,499
-498,817
-6,272,561
-75,262
-26,138
-27,306
39,531
-114,837
-336,424
Change in Investments
-485,000
179,536
-3,293
308,757
cash flow from investments
-139,442
-148,929
-485,257
-284,431
-379,998
-1,468,283
-214,499
-13,817
-6,452,097
-75,262
-26,138
-24,013
-269,226
-114,837
-336,424
Financing Activities
Bank loans
-1,487,500
1,487,500
Group/Directors Accounts
-5,852
-3,028,024
3,036,465
-16,536
16,536
-22,518
18,260
-77
4,335
Other Short Term Loans
-332,628
-4,768,022
1,466,845
3,633,805
-2,891,510
612,622
484,874
1,794,014
Long term loans
-5,895,170
539,712
2,405,458
-1,512,500
4,462,500
-89,249
89,249
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-3,000,000
-8,805,493
1,000
1,000
interest
-37,896
-16,401
-14,040
-70,448
-57,697
-143,023
-309,301
-267,667
-119,831
-112,948
-185,354
-149,854
-65,845
-2,818
78
cash flow from financing
-43,748
-3,044,425
22,425
-14,787,647
498,551
-475,651
-2,671,865
-1,800,822
9,463,974
-3,026,976
445,528
334,943
1,644,255
86,431
1,078
cash and cash equivalents
cash
-994,944
1,694,484
-700,598
40,066
1,127,262
-2,188,070
1,304,915
-442,850
531,051
723,773
76,492
175,044
23,917
-29,532
31,336
overdraft
-1,487,500
1,487,500
-3,849,200
3,709,517
-255,893
252,854
142,722
change in cash
-994,944
1,694,484
-700,598
40,066
1,127,262
-2,188,070
2,792,415
-1,930,350
4,380,251
-2,985,744
332,385
-77,810
-118,805
-29,532
31,336
m l accessories 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 m l accessories limited. Get real-time insights into m l accessories limited's credit score, group structure and payment trends.
Perform a competitor analysis for m l accessories limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other large companies, companies in LU5 area or any other competitors across 12 key performance metrics.
m l accessories limited Ownership
M L ACCESSORIES LIMITED group structure
M L Accessories Limited has no subsidiary companies.
Ultimate parent company
BIG TOP. GMBH
#0129674
SLV GMBH
#0103006
2 parents
M L ACCESSORIES LIMITED
03500339
M L ACCESSORIES LIMITED Shareholders
The sole shareholder of M L Accessories Limited is Slv Gmbh.
slv gmbh
100%
m l accessories limited directors
M L Accessories Limited currently has 2 directors.
The longest serving directors include
Ms Catherine Connolly (May 2018) and
Mr Mark Koerner (May 2023).
unit e chiltern park, boscombe road, dunstable, bedfordshire, LU5 4LT
Bank
-
Legal Advisor
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m l accessories 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 13 charges/mortgages relating to m l accessories limited. Currently there are 0 open charges and 13 have been satisfied in the past.
m l accessories 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 M L ACCESSORIES LIMITED. This can take several minutes, an email will notify you when this has completed.
m l accessories limitedCompanies House Filings - See Documents
