Pomanda estimates the enterprise value of MINSTER DISTRIBUTION LTD at £1.5m based on a Turnover of £4m and 0.37x industry multiple (adjusted for size and gross margin).
minster distribution ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MINSTER DISTRIBUTION LTD at £0 based on an EBITDA of £-476 and a 3.89x industry multiple (adjusted for size and gross margin).
minster distribution ltdEstimated Valuation
£1m
Pomanda estimates the enterprise value of MINSTER DISTRIBUTION LTD at £1m based on Net Assets of £520.9k and 1.99x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Minster Distribution LtdOverview
Minster Distribution Ltd is a live company located in bromsgrove, B61 7JJ with a Companies House number of 03651038. It operates in the agents involved in the sale of timber and building materials sector, SIC Code 46130. Founded in October 1998, it's largest shareholder is
jean wells
with a 66.7% stake. Minster Distribution Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£4m with
declining
growth in recent years.
Pomanda's financial health check has awarded Minster Distribution Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
0 Strong
5 Regular
6 Weak
Size
annual sales of £4m, make it smaller than the average company (£16.5m)
£4m - Minster Distribution Ltd
£16.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (9.3%)
-1% - Minster Distribution Ltd
9.3% - Industry AVG
Production
with a gross margin of 28%, this company has a comparable cost of product (28%)
28% - Minster Distribution Ltd
28% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (6.4%)
-0.1% - Minster Distribution Ltd
6.4% - Industry AVG
Employees
with 14 employees, this is below the industry average (42)
14 - Minster Distribution Ltd
42 - Industry AVG
Pay Structure
on an average salary of £37.7k, the company has an equivalent pay structure (£37.7k)
£37.7k - Minster Distribution Ltd
£37.7k - Industry AVG
Efficiency
resulting in sales per employee of £284.6k, this is equally as efficient (£324.1k)
£284.6k - Minster Distribution Ltd
£324.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Minster Distribution Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is close to average (46 days)
43 days - Minster Distribution Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 150 days, this is more than average (56 days)
150 days - Minster Distribution Ltd
56 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (7 weeks)
1 weeks - Minster Distribution Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.2%, this is a similar level of debt than the average (57.2%)
58.2% - Minster Distribution Ltd
57.2% - Industry AVG
MINSTER DISTRIBUTION LTD financials
EXPORT
Minster Distribution Ltd's latest turnover from December 2022 is estimated at £4 million and the company has net assets of £520.9 thousand. According to their latest financial statements, Minster Distribution Ltd has 14 employees and maintains cash reserves of £12.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
3,983,701
4,566,367
2,340,121
4,121,810
3,651,219
3,381,424
3,491,630
3,139,377
3,061,701
2,636,132
2,277,851
1,861,230
1,574,236
1,398,067
Other Income Or Grants
Cost Of Sales
2,867,771
3,307,342
1,699,354
3,009,903
2,668,783
2,464,195
2,524,118
2,285,452
2,234,234
1,929,659
1,644,058
1,324,287
1,119,138
987,447
Gross Profit
1,115,930
1,259,025
640,767
1,111,908
982,435
917,229
967,512
853,925
827,467
706,473
633,794
536,943
455,098
410,620
Admin Expenses
1,119,947
1,127,495
575,471
1,081,590
896,177
861,781
785,510
792,788
772,220
701,702
648,866
579,241
483,434
311,862
Operating Profit
-4,017
131,530
65,296
30,318
86,258
55,448
182,002
61,137
55,247
4,771
-15,072
-42,298
-28,336
98,758
Interest Payable
13,393
Interest Receivable
523
90
35
262
334
115
15
13
Pre-Tax Profit
-16,887
131,620
65,331
30,580
86,591
55,563
182,018
61,150
55,247
4,771
-15,072
-42,298
-28,336
98,758
Tax
-25,008
-12,413
-5,810
-16,452
-10,557
-36,403
-12,230
-11,602
-1,097
-27,652
Profit After Tax
-16,887
106,612
52,918
24,770
70,139
45,006
145,614
48,920
43,645
3,674
-15,072
-42,298
-28,336
71,106
Dividends Paid
Retained Profit
-16,887
106,612
52,918
24,770
70,139
45,006
145,614
48,920
43,645
3,674
-15,072
-42,298
-28,336
71,106
Employee Costs
527,988
502,262
522,421
582,341
563,433
515,807
582,703
468,371
381,445
397,153
336,416
280,811
203,910
199,797
Number Of Employees
14
14
15
17
17
16
19
16
13
14
12
10
8
8
EBITDA*
-476
137,032
71,411
36,778
93,584
65,851
190,894
67,190
61,067
13,499
-5,796
-35,555
-22,702
105,139
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
12,957
16,305
20,649
23,928
28,540
37,925
30,782
21,232
19,462
21,376
27,079
21,950
18,606
23,900
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
53,816
Total Fixed Assets
12,957
16,305
20,649
23,928
28,540
37,925
30,782
21,232
19,462
75,192
27,079
21,950
18,606
23,900
Stock & work in progress
1,183,381
1,229,799
671,963
933,946
694,275
657,878
542,798
465,919
463,882
391,256
523,566
509,458
522,947
372,261
Trade Debtors
154,305
189,980
128,939
76,605
104,931
Group Debtors
Misc Debtors
37,590
91,988
1,610
33,327
103,491
108,602
183,310
198,869
167,561
216,052
39,000
Cash
12,841
17,071
54,708
14,894
55,046
33,937
12,158
5,122
misc current assets
97,127
total current assets
1,233,812
1,338,858
882,586
982,167
852,812
800,417
738,266
669,910
728,570
607,308
713,546
677,397
599,552
477,192
total assets
1,246,769
1,355,163
903,235
1,006,095
881,352
838,342
769,048
691,142
748,032
682,500
740,625
699,347
618,158
501,092
Bank overdraft
63,863
Bank loan
Trade Creditors
343,608
759,159
268,262
480,138
431,251
411,546
430,364
432,266
650,539
628,424
687,224
638,875
513,554
367,558
Group/Directors Accounts
14,001
14,001
other short term finances
8,167
hp & lease commitments
2,952
2,952
4,581
1,717
other current liabilities
83,071
41,127
199,884
143,163
88,248
128,615
82,021
111,958
total current liabilities
512,710
814,287
468,146
623,301
522,451
543,113
516,966
545,941
650,539
628,424
687,224
638,875
513,554
367,558
loans
209,929
hp & lease commitments
4,849
7,801
Accruals and Deferred Income
other liabilities
1,716
5,002
8,001
provisions
3,239
3,098
3,923
4,546
5,423
7,041
5,948
3,562
3,058
1,834
2,428
total long term liabilities
213,168
3,098
3,923
4,546
5,423
11,890
13,749
3,562
4,774
5,002
8,001
1,834
2,428
total liabilities
725,878
817,385
472,069
627,847
527,874
555,003
530,715
549,503
655,313
633,426
695,225
638,875
515,388
369,986
net assets
520,891
537,778
431,166
378,248
353,478
283,339
238,333
141,639
92,719
49,074
45,400
60,472
102,770
131,106
total shareholders funds
520,891
537,778
431,166
378,248
353,478
283,339
238,333
141,639
92,719
49,074
45,400
60,472
102,770
131,106
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
-4,017
131,530
65,296
30,318
86,258
55,448
182,002
61,137
55,247
4,771
-15,072
-42,298
-28,336
98,758
Depreciation
3,541
5,502
6,115
6,460
7,326
10,403
8,892
6,053
5,820
8,728
9,276
6,743
5,634
6,381
Amortisation
Tax
-25,008
-12,413
-5,810
-16,452
-10,557
-36,403
-12,230
-11,602
-1,097
-27,652
Stock
-46,418
557,836
-261,983
239,671
36,397
115,080
78,916
2,037
72,626
-132,310
14,108
-13,489
150,686
372,261
Debtors
-54,398
-63,927
122,588
-70,164
-5,111
-74,708
15,749
31,308
-102,307
79,888
22,041
91,334
-28,326
104,931
Creditors
-415,551
490,897
-211,876
48,887
19,705
-18,818
-220,175
-218,273
22,115
-58,800
48,349
125,321
145,996
367,558
Accruals and Deferred Income
41,944
-158,757
56,721
54,915
-40,367
46,594
82,021
111,958
Deferred Taxes & Provisions
141
-825
-623
-877
-1,618
1,093
2,890
504
3,058
-1,834
-594
2,428
Cash flow from operations
-273,126
-50,570
42,615
-35,614
23,566
43,791
-75,438
-84,196
104,319
6,024
6,404
10,087
340
-29,719
Investing Activities
capital expenditure
-193
-1,158
-2,836
-1,848
2,059
-17,546
-20,212
-7,823
-3,906
-3,025
-14,405
-10,087
-340
-30,281
Change in Investments
cash flow from investments
-193
-1,158
-2,836
-1,848
2,059
-17,546
-20,212
-7,823
-3,906
-3,025
-14,405
-10,087
-340
-30,281
Financing Activities
Bank loans
Group/Directors Accounts
14,001
Other Short Term Loans
8,167
Long term loans
209,929
Hire Purchase and Lease Commitments
-2,952
-4,849
-4,581
12,382
1,717
other long term liabilities
-1,716
-1,716
-3,286
-2,999
8,001
share issue
60,000
interest
-12,870
90
35
262
334
115
15
13
cash flow from financing
205,226
14,091
35
-2,690
-4,515
-4,466
10,681
14
-3,286
-2,999
8,001
60,000
cash and cash equivalents
cash
-4,230
-37,637
39,814
-40,152
21,109
21,779
12,158
5,122
overdraft
63,863
change in cash
-68,093
-37,637
39,814
-40,152
21,109
21,779
12,158
5,122
minster distribution ltd 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 minster distribution ltd. Get real-time insights into minster distribution ltd's credit score, group structure and payment trends.
Perform a competitor analysis for minster distribution ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in B61 area or any other competitors across 12 key performance metrics.
minster distribution ltd Ownership
MINSTER DISTRIBUTION LTD group structure
Minster Distribution Ltd has no subsidiary companies.
Ultimate parent company
MINSTER DISTRIBUTION LTD
03651038
MINSTER DISTRIBUTION LTD Shareholders
The largest shareholders in Minster Distribution Ltd include Jean Wells and Gary James Wells.
jean wells
66.67%
gary james wells
16.67%
nigel gordon chard
16.67%
minster distribution ltd directors
Minster Distribution Ltd currently has 1 director, Mr Simon Underhill serving since Jul 2022.
46130 - Agents involved in the sale of timber and building materials
incorporation date
October 1998
age
27
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
obs distributions limited (November 1998)
accountant
PINFIELDS LIMITED
auditor
-
address
darwin house, 7 kidderminster road, bromsgrove, worcestershire, B61 7JJ
Bank
-
Legal Advisor
-
minster distribution 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 found 5 charges/mortgages relating to minster distribution ltd. Currently there are 3 open charges and 2 have been satisfied in the past.
minster distribution 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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minster distribution ltdCompanies House Filings - See Documents
