Pomanda estimates the enterprise value of MCE SYSTEMS LIMITED at £9.3k based on a Turnover of £19.5k and 0.48x industry multiple (adjusted for size and gross margin).
mce systems limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MCE SYSTEMS LIMITED at £0 based on an EBITDA of £-12.2k and a 3.86x industry multiple (adjusted for size and gross margin).
mce systems limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MCE SYSTEMS LIMITED at £0 based on Net Assets of £-1k and 2.01x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mce Systems LimitedOverview
Mce Systems Limited is a live company located in trowbridge, BA14 0HD with a Companies House number of 03872690. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in November 1999, it's largest shareholder is
matthew evas
with a 100% stake. Mce Systems Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£19.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Mce Systems Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £19.5k, make it smaller than the average company (£687.3k)
£19.5k - Mce Systems Limited
£687.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (12.9%)
-25% - Mce Systems Limited
12.9% - Industry AVG
Production
with a gross margin of 45.5%, this company has a higher cost of product (62.7%)
45.5% - Mce Systems Limited
62.7% - Industry AVG
Profitability
an operating margin of -62.7% make it less profitable than the average company (18.4%)
-62.7% - Mce Systems Limited
18.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Mce Systems Limited
6 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)
£34.5k - Mce Systems Limited
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £19.5k, this is less efficient (£94.3k)
£19.5k - Mce Systems Limited
£94.3k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (65 days)
18 days - Mce Systems Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 97 days, this is slower than average (31 days)
97 days - Mce Systems Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mce Systems Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mce Systems Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 155.4%, this is a higher level of debt than the average (56.9%)
155.4% - Mce Systems Limited
56.9% - Industry AVG
MCE SYSTEMS LIMITED financials
EXPORT
Mce Systems Limited's latest turnover from November 2023 is estimated at £19.5 thousand and the company has net assets of -£1 thousand. According to their latest financial statements, Mce Systems Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Turnover
19,524
19,957
43,487
45,500
30,842
49,499
36,950
12,545
53,673
44,052
106,662
82,090
64,658
40,197
Other Income Or Grants
Cost Of Sales
10,633
10,623
28,736
18,100
13,748
23,787
21,899
6,881
24,724
20,717
47,838
39,607
36,434
20,188
Gross Profit
8,890
9,334
14,751
27,400
17,095
25,711
15,051
5,664
28,949
23,335
58,824
42,483
28,224
20,009
Admin Expenses
21,127
4,924
18,620
25,953
20,407
10,230
18,844
4,461
2,143
-2,166
-11,782
-11,828
-10,395
14,045
-4,438
Operating Profit
-12,237
4,410
-3,869
1,447
-3,312
15,481
-3,793
1,203
26,806
25,501
70,606
54,311
38,619
5,964
4,438
Interest Payable
Interest Receivable
1
8
31
9
Pre-Tax Profit
-12,237
4,410
-3,869
1,447
-3,312
15,481
-3,792
1,211
26,806
25,501
70,606
54,311
38,619
5,994
4,447
Tax
-838
-275
-2,941
-242
-5,550
-5,316
-13,869
-10,880
-7,821
-1,678
-1,245
Profit After Tax
-12,237
3,572
-3,869
1,172
-3,312
12,540
-3,792
969
21,256
20,185
56,737
43,431
30,798
4,316
3,202
Dividends Paid
20,949
41,130
37,063
44,265
32,575
Retained Profit
-12,237
3,572
-3,869
1,172
-3,312
12,540
-3,792
969
307
-20,945
19,674
-834
-1,777
4,316
3,202
Employee Costs
34,455
31,271
30,490
26,778
29,255
32,503
30,528
43,856
45,425
43,231
40,897
41,465
39,829
35,543
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
1
1
1
EBITDA*
-12,237
4,410
-3,869
1,447
-3,312
15,481
-3,793
1,680
27,753
26,621
72,230
54,989
39,676
6,742
5,216
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Tangible Assets
848
1,920
3,938
3,853
4,395
2,781
2,809
955
947
2,067
856
1,007
555
1,333
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
848
1,920
3,938
3,853
4,395
2,781
2,809
955
947
2,067
856
1,007
555
1,333
Stock & work in progress
4,875
2,143
9,940
Trade Debtors
981
12,608
14,269
20,684
8,360
21,567
14,286
3,870
3,580
1,650
2,141
2,326
6,169
10,647
7,113
Group Debtors
Misc Debtors
2,525
1,708
2,074
4,522
Cash
523
5,975
5,115
26,957
11,800
9,727
8,534
3,722
misc current assets
total current assets
981
12,608
14,269
20,684
8,360
21,567
14,286
9,268
12,080
10,616
41,112
18,648
15,896
19,181
10,835
total assets
1,829
14,528
18,207
24,537
12,755
24,348
17,095
10,223
12,080
11,563
43,179
19,504
16,903
19,736
12,168
Bank overdraft
Bank loan
Trade Creditors
2,843
1,225
10,556
10,833
2,407
10,688
15,975
5,310
52
25
11,161
12,217
8,965
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
8,136
7,926
18,545
14,571
total current liabilities
2,843
1,225
10,556
10,833
2,407
10,688
15,975
5,310
8,136
7,926
18,597
14,596
11,161
12,217
8,965
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
2,080
2,184
total long term liabilities
2,080
2,184
total liabilities
2,843
3,305
10,556
13,017
2,407
10,688
15,975
5,310
8,136
7,926
18,597
14,596
11,161
12,217
8,965
net assets
-1,014
11,223
7,651
11,520
10,348
13,660
1,120
4,913
3,944
3,637
24,582
4,908
5,742
7,519
3,203
total shareholders funds
-1,014
11,223
7,651
11,520
10,348
13,660
1,120
4,913
3,944
3,637
24,582
4,908
5,742
7,519
3,203
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Operating Activities
Operating Profit
-12,237
4,410
-3,869
1,447
-3,312
15,481
-3,793
1,203
26,806
25,501
70,606
54,311
38,619
5,964
4,438
Depreciation
477
947
1,120
1,624
678
1,057
778
778
Amortisation
Tax
-838
-275
-2,941
-242
-5,550
-5,316
-13,869
-10,880
-7,821
-1,678
-1,245
Stock
-4,875
4,875
-2,143
-7,797
9,940
Debtors
-11,627
-1,661
-6,415
12,324
-13,207
7,281
10,416
-2,235
2,747
-857
-2,633
679
-4,478
3,534
7,113
Creditors
1,618
-9,331
-277
8,426
-8,281
-5,287
10,665
5,310
-52
27
-11,136
-1,056
3,252
8,965
Accruals and Deferred Income
-8,136
210
-10,619
3,974
14,571
Deferred Taxes & Provisions
-2,080
2,080
-2,184
2,184
Cash flow from operations
-1,072
-2,018
85
-542
1,614
-28
1,331
-4,028
21,809
19,288
55,055
46,865
35,277
4,782
5,823
Investing Activities
capital expenditure
1,072
2,018
-85
542
-1,614
28
-1,854
-1,432
-2,835
-527
-1,509
-2,111
Change in Investments
cash flow from investments
1,072
2,018
-85
542
-1,614
28
-1,854
-1,432
-2,835
-527
-1,509
-2,111
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1
1
interest
1
8
31
9
cash flow from financing
8
31
10
cash and cash equivalents
cash
-523
-5,452
860
-21,842
15,157
2,073
1,193
4,812
3,722
overdraft
change in cash
-523
-5,452
860
-21,842
15,157
2,073
1,193
4,812
3,722
mce systems 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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mce systems limited Ownership
MCE SYSTEMS LIMITED group structure
Mce Systems Limited has no subsidiary companies.
Ultimate parent company
MCE SYSTEMS LIMITED
03872690
MCE SYSTEMS LIMITED Shareholders
The sole shareholder of Mce Systems Limited is Matthew Evas.
matthew evas
100%
mce systems limited directors
Mce Systems Limited currently has 1 director, Mr Matthew Evas serving since Nov 1999.
74202 - Other specialist photography (not including portrait photography)
62020 - Computer consultancy activities
incorporation date
November 1999
age
26
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
nilimag limited (June 2000)
accountant
-
auditor
-
address
c/o m evas, 6 spring meadows, trowbridge, wiltshire, BA14 0HD
Bank
BARCLAYS BANK PLC
Legal Advisor
-
mce systems 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 mce systems limited.
mce systems 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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mce systems limitedCompanies House Filings - See Documents
