Pomanda estimates the enterprise value of BOATMAN MECHANICAL SERVICES LIMITED at £316.5k based on a Turnover of £613.9k and 0.52x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of BOATMAN MECHANICAL SERVICES LIMITED at £114.4k based on an EBITDA of £26.9k and a 4.25x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of BOATMAN MECHANICAL SERVICES LIMITED at £270k based on Net Assets of £92.6k and 2.92x industry multiple (adjusted for liquidity).
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Boatman Mechanical Services LimitedOverview
Boatman Mechanical Services Limited is a live company located in london, SE26 5TW with a Companies House number of 03597520. It operates in the repair of other equipment sector, SIC Code 33190. Founded in July 1998, it's largest shareholder is
john boatman
with a 33.3% stake. Boatman Mechanical Services Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£613.9k with
high
growth in recent years.
Pomanda's financial health check has awarded Boatman Mechanical Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
5 Regular
5 Weak
Size
annual sales of £613.9k, make it smaller than the average company (£4m)
£613.9k - Boatman Mechanical Services Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (8.2%)
23% - Boatman Mechanical Services Limited
8.2% - Industry AVG
Production
with a gross margin of 31.2%, this company has a comparable cost of product (31.2%)
31.2% - Boatman Mechanical Services Limited
31.2% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (6.7%)
3% - Boatman Mechanical Services Limited
6.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (22)
5 - Boatman Mechanical Services Limited
22 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)
£42.8k - Boatman Mechanical Services Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £122.8k, this is equally as efficient (£140.2k)
£122.8k - Boatman Mechanical Services Limited
£140.2k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is near the average (57 days)
55 days - Boatman Mechanical Services Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (29 days)
68 days - Boatman Mechanical Services Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 53 days, this is more than average (36 days)
53 days - Boatman Mechanical Services Limited
36 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 5 weeks, this is less cash available to meet short term requirements (15 weeks)
5 weeks - Boatman Mechanical Services Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.7%, this is a similar level of debt than the average (56.8%)
61.7% - Boatman Mechanical Services Limited
56.8% - Industry AVG
BOATMAN MECHANICAL SERVICES LIMITED financials
EXPORT
Boatman Mechanical Services Limited's latest turnover from March 2024 is estimated at £613.9 thousand and the company has net assets of £92.6 thousand. According to their latest financial statements, Boatman Mechanical Services Limited has 5 employees and maintains cash reserves of £14.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
613,882
408,771
663,527
330,327
424,776
547,041
926,205
576,114
1,116,891
1,115,614
2,059,897
889,564
631,776
1,059,706
Other Income Or Grants
Cost Of Sales
422,583
264,948
430,739
215,340
270,085
343,807
541,271
320,274
633,464
628,739
1,186,804
524,428
364,849
552,860
Gross Profit
191,299
143,823
232,788
114,987
154,691
203,234
384,934
255,841
483,427
486,875
873,093
365,136
266,927
506,847
Admin Expenses
172,698
133,700
227,291
110,618
158,996
134,352
358,735
283,239
557,150
482,417
837,831
362,068
264,002
505,707
-92,976
Operating Profit
18,601
10,123
5,497
4,369
-4,305
68,882
26,199
-27,398
-73,723
4,458
35,262
3,068
2,925
1,140
92,976
Interest Payable
1,062
99
Interest Receivable
688
1,176
282
16
18
134
81
165
279
132
26
18
114
103
1
Pre-Tax Profit
18,227
11,200
5,779
4,385
-4,287
69,016
26,280
-27,233
-73,444
4,590
35,288
3,086
3,039
1,243
92,976
Tax
-4,557
-2,128
-1,098
-833
-13,113
-4,993
-964
-8,116
-741
-790
-348
-26,033
Profit After Tax
13,670
9,072
4,681
3,552
-4,287
55,903
21,287
-27,233
-73,444
3,626
27,172
2,345
2,249
895
66,943
Dividends Paid
Retained Profit
13,670
9,072
4,681
3,552
-4,287
55,903
21,287
-27,233
-73,444
3,626
27,172
2,345
2,249
895
66,943
Employee Costs
214,246
210,431
196,059
185,517
143,832
194,141
323,536
187,470
309,430
301,072
609,993
256,688
213,196
377,199
Number Of Employees
5
5
5
5
4
5
9
5
8
8
16
7
6
11
EBITDA*
26,884
20,750
13,509
8,093
-4,305
86,390
26,199
-9,720
-50,305
28,118
53,943
24,010
24,160
26,780
117,381
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
46,970
60,253
45,434
21,081
24,805
29,180
46,688
53,598
70,818
71,542
56,607
62,823
70,323
69,521
73,220
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
46,970
60,253
45,434
21,081
24,805
29,180
46,688
53,598
70,818
71,542
56,607
62,823
70,323
69,521
73,220
Stock & work in progress
62,000
27,000
27,000
8,500
79,720
27,720
72,720
52,720
68,720
96,871
96,871
83,065
73,298
Trade Debtors
92,976
51,876
118,170
49,402
82,647
85,973
156,121
72,907
203,015
234,237
394,676
168,429
94,427
184,946
72,528
Group Debtors
Misc Debtors
25,564
26,711
Cash
14,206
11,987
43,351
31,882
35,704
64,995
67,181
44,538
8,156
2,340
4,733
40,921
275
misc current assets
876
total current assets
194,746
117,574
188,521
89,784
83,523
201,397
156,121
165,622
342,916
331,495
471,552
267,640
196,031
308,932
146,101
total assets
241,716
177,827
233,955
110,865
108,328
230,577
202,809
219,220
413,734
403,037
528,159
330,463
266,354
378,453
219,321
Bank overdraft
Bank loan
Trade Creditors
79,072
59,889
155,434
32,171
20,200
104,211
165,915
179,505
318,177
217,103
386,787
181,385
158,266
276,772
119,701
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
46,254
28,148
9,797
total current liabilities
125,326
88,037
155,434
32,171
29,997
104,211
165,915
179,505
318,177
217,103
386,787
181,385
158,266
276,772
119,701
loans
16,937
1,935
hp & lease commitments
19,504
21,447
21,965
Accruals and Deferred Income
other liabilities
8,672
13,526
14,703
18,557
44,943
61,485
24,190
58,454
provisions
6,862
8,934
2,012
13,054
8,605
10,828
11,219
7,578
8,192
8,497
2,396
712
total long term liabilities
23,799
10,869
8,672
13,526
16,715
60,463
13,054
27,162
55,771
72,704
31,768
66,646
28,001
23,843
22,677
total liabilities
149,125
98,906
164,106
45,697
46,712
164,674
178,969
206,667
373,948
289,807
418,555
248,031
186,267
300,615
142,378
net assets
92,591
78,921
69,849
65,168
61,616
65,903
23,840
12,553
39,786
113,230
109,604
82,432
80,087
77,838
76,943
total shareholders funds
92,591
78,921
69,849
65,168
61,616
65,903
23,840
12,553
39,786
113,230
109,604
82,432
80,087
77,838
76,943
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
18,601
10,123
5,497
4,369
-4,305
68,882
26,199
-27,398
-73,723
4,458
35,262
3,068
2,925
1,140
92,976
Depreciation
8,283
10,627
8,012
3,724
17,508
17,678
23,418
23,660
18,681
20,942
21,235
25,640
24,405
Amortisation
Tax
-4,557
-2,128
-1,098
-833
-13,113
-4,993
-964
-8,116
-741
-790
-348
-26,033
Stock
35,000
18,500
8,500
-79,720
79,720
-27,720
-45,000
20,000
-16,000
-28,151
13,806
9,767
73,298
Debtors
39,953
-39,583
68,768
-33,245
-3,326
85,973
83,214
-130,108
-31,222
-160,439
226,247
74,002
-90,519
112,418
72,528
Creditors
19,183
-95,545
123,263
11,971
-84,011
104,211
-13,590
-138,672
101,074
-169,684
205,402
23,119
-118,506
157,071
119,701
Accruals and Deferred Income
18,106
28,148
-9,797
9,797
Deferred Taxes & Provisions
-2,072
8,934
-2,012
2,012
4,449
-2,223
-391
3,641
-614
-305
6,101
1,684
712
Cash flow from operations
-17,409
-258
48,406
32,167
6,539
11,795
-43,429
24,493
61,600
37,550
52,519
-27,919
-12,322
63,002
65,935
Investing Activities
capital expenditure
5,000
-25,446
-32,365
4,375
-46,688
6,910
-458
-22,694
-38,595
-12,465
-13,442
-22,037
-21,941
-97,625
Change in Investments
cash flow from investments
5,000
-25,446
-32,365
4,375
-46,688
6,910
-458
-22,694
-38,595
-12,465
-13,442
-22,037
-21,941
-97,625
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
15,002
1,935
Hire Purchase and Lease Commitments
-19,504
-1,943
-518
21,965
other long term liabilities
-8,672
-4,854
-1,177
14,703
-18,557
-26,386
-16,542
37,295
-34,264
58,454
share issue
10,000
-10,000
10,000
interest
-374
1,077
282
16
18
134
81
165
279
132
26
18
114
103
1
cash flow from financing
14,628
-5,660
-4,572
-1,161
14,721
10,134
-28,476
-26,221
-16,263
37,427
-34,238
38,968
-1,829
-415
31,966
cash and cash equivalents
cash
2,219
-31,364
11,469
31,882
-35,704
35,704
-64,995
-2,186
22,643
36,382
5,816
-2,393
-36,188
40,646
275
overdraft
change in cash
2,219
-31,364
11,469
31,882
-35,704
35,704
-64,995
-2,186
22,643
36,382
5,816
-2,393
-36,188
40,646
275
boatman mechanical services 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 boatman mechanical services limited. Get real-time insights into boatman mechanical services limited's credit score, group structure and payment trends.
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boatman mechanical services limited Ownership
BOATMAN MECHANICAL SERVICES LIMITED group structure
Boatman Mechanical Services Limited has no subsidiary companies.
Ultimate parent company
BOATMAN MECHANICAL SERVICES LIMITED
03597520
BOATMAN MECHANICAL SERVICES LIMITED Shareholders
The largest shareholders in Boatman Mechanical Services Limited include John Boatman and Justin Boatman.
john boatman
33.34%
justin boatman
33.33%
jacqueline boatman
33.33%
boatman mechanical services limited directors
Boatman Mechanical Services Limited currently has 3 directors.
The longest serving directors include
Ms Jacqueline Boatman (Jul 1998) and
Mr John Boatman (Jul 1998).
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 boatman mechanical services limited. Currently there are 1 open charges and 0 have been satisfied in the past.
boatman mechanical services 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 BOATMAN MECHANICAL SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
boatman mechanical services limitedCompanies House Filings - See Documents
