mendips raceway limited Company Information
Company Number
04025257
Website
www.mendipsraceway.comRegistered Address
nylands, charlton horethorne, sherborne, dorset, DT9 4NG
Industry
Operation of sports facilities
Telephone
01963220028
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
g.t. bunter 50%
p.r. bunter 50%
mendips raceway limited Estimated Valuation
Pomanda estimates the enterprise value of MENDIPS RACEWAY LIMITED at £235.8k based on a Turnover of £361.6k and 0.65x industry multiple (adjusted for size and gross margin).
mendips raceway limited Estimated Valuation
Pomanda estimates the enterprise value of MENDIPS RACEWAY LIMITED at £7.3k based on an EBITDA of £2.5k and a 2.89x industry multiple (adjusted for size and gross margin).
mendips raceway limited Estimated Valuation
Pomanda estimates the enterprise value of MENDIPS RACEWAY LIMITED at £136.3k based on Net Assets of £75.7k and 1.8x industry multiple (adjusted for liquidity).
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Mendips Raceway Limited Overview
Mendips Raceway Limited is a live company located in sherborne, DT9 4NG with a Companies House number of 04025257. It operates in the operation of sports facilities sector, SIC Code 93110. Founded in July 2000, it's largest shareholder is g.t. bunter with a 50% stake. Mendips Raceway Limited is a mature, micro sized company, Pomanda has estimated its turnover at £361.6k with high growth in recent years.
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Mendips Raceway Limited Health Check
Pomanda's financial health check has awarded Mendips Raceway Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £361.6k, make it smaller than the average company (£897.8k)
- Mendips Raceway Limited
£897.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (8.3%)
- Mendips Raceway Limited
8.3% - Industry AVG
Production
with a gross margin of 30.8%, this company has a higher cost of product (50.5%)
- Mendips Raceway Limited
50.5% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (4.4%)
- Mendips Raceway Limited
4.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (28)
3 - Mendips Raceway Limited
28 - Industry AVG
Pay Structure
on an average salary of £20.3k, the company has an equivalent pay structure (£20.3k)
- Mendips Raceway Limited
£20.3k - Industry AVG
Efficiency
resulting in sales per employee of £120.5k, this is more efficient (£48k)
- Mendips Raceway Limited
£48k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (8 days)
- Mendips Raceway Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (31 days)
- Mendips Raceway Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mendips Raceway Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mendips Raceway Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.2%, this is a lower level of debt than the average (45%)
32.2% - Mendips Raceway Limited
45% - Industry AVG
MENDIPS RACEWAY LIMITED financials
Mendips Raceway Limited's latest turnover from December 2023 is estimated at £361.6 thousand and the company has net assets of £75.7 thousand. According to their latest financial statements, Mendips Raceway Limited has 3 employees and maintains cash reserves of 0 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 | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 3 | 3 | 3 | 3 | 3 | 3 | 2 | ||||||||
EBITDA* |
* 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 | 32,674 | 17,461 | 23,315 | 17,680 | 23,121 | 20,707 | 15,301 | 15,370 | 18,206 | 20,046 | 24,061 | 28,209 | 25,342 | 26,405 | 28,583 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 32,674 | 17,461 | 23,315 | 17,680 | 23,121 | 20,707 | 15,301 | 15,370 | 18,206 | 20,046 | 24,061 | 28,209 | 25,342 | 26,405 | 28,583 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,740 | 3,045 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 68,078 | 93,325 | 62,229 | 34,120 | 39,416 | 28,530 | 22,605 | 791 | 918 | 3,301 | 623 | 860 | 502 | 530 | 2,076 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 10,968 | 8,115 | 5,421 | 1,264 | 862 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,145 | 8,419 | 3,747 | 20,589 | 4,681 | 15,311 | 11,067 | 2,360 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 803 | 776 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 79,046 | 101,440 | 67,650 | 35,384 | 40,278 | 29,333 | 23,381 | 17,676 | 12,382 | 7,048 | 21,212 | 5,541 | 15,813 | 11,597 | 4,436 |
total assets | 111,720 | 118,901 | 90,965 | 53,064 | 63,399 | 50,040 | 38,682 | 33,046 | 30,588 | 27,094 | 45,273 | 33,750 | 41,155 | 38,002 | 33,019 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 32,908 | 42,122 | 38,139 | 30,220 | 33,288 | 21,961 | 15,036 | 0 | 0 | 5,193 | 32,314 | 35,419 | 32,598 | 32,100 | 27,904 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,233 | 24,494 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 32,908 | 42,122 | 38,139 | 30,220 | 33,288 | 21,961 | 15,036 | 21,233 | 24,494 | 5,193 | 32,314 | 35,419 | 32,598 | 32,100 | 27,904 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 3,085 | 2,942 | 2,400 | 2,350 | 2,593 | 2,453 | 2,750 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,764 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,863 | 2,261 | 2,441 | 2,949 | 1,205 | 2,818 | 2,828 | 2,779 |
total long term liabilities | 3,085 | 2,942 | 2,400 | 2,350 | 2,593 | 2,453 | 2,750 | 1,863 | 2,261 | 22,205 | 2,949 | 1,205 | 2,818 | 2,828 | 2,779 |
total liabilities | 35,993 | 45,064 | 40,539 | 32,570 | 35,881 | 24,414 | 17,786 | 23,096 | 26,755 | 27,398 | 35,263 | 36,624 | 35,416 | 34,928 | 30,683 |
net assets | 75,727 | 73,837 | 50,426 | 20,494 | 27,518 | 25,626 | 20,896 | 9,950 | 3,833 | -304 | 10,010 | -2,874 | 5,739 | 3,074 | 2,336 |
total shareholders funds | 75,727 | 73,837 | 50,426 | 20,494 | 27,518 | 25,626 | 20,896 | 9,950 | 3,833 | -304 | 10,010 | -2,874 | 5,739 | 3,074 | 2,336 |
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 | |||||||||||||||
Depreciation | 3,634 | 3,987 | 4,015 | 4,764 | 5,559 | 4,013 | 3,775 | 3,912 | |||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | -2,740 | -305 | 3,045 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -22,394 | 33,790 | 32,266 | -4,894 | 11,748 | 5,925 | 21,814 | -127 | -2,383 | 2,678 | -237 | 358 | -28 | -1,546 | 2,076 |
Creditors | -9,214 | 3,983 | 7,919 | -3,068 | 11,327 | 6,925 | 15,036 | 0 | -5,193 | -27,121 | -3,105 | 2,821 | 498 | 4,196 | 27,904 |
Accruals and Deferred Income | 143 | 542 | 50 | -243 | 140 | -297 | -18,483 | -3,261 | 24,494 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -1,863 | -398 | -180 | -508 | 1,744 | -1,613 | -10 | 49 | 2,779 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -19,764 | 19,764 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -14,145 | 5,726 | 4,672 | -16,842 | 15,908 | -10,630 | 4,244 | 8,707 | 2,360 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -14,145 | 5,726 | 4,672 | -16,842 | 15,908 | -10,630 | 4,244 | 8,707 | 2,360 |
mendips raceway limited Credit Report and Business Information
Mendips Raceway Limited Competitor Analysis
Perform a competitor analysis for mendips raceway limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in DT9 area or any other competitors across 12 key performance metrics.
mendips raceway limited Ownership
MENDIPS RACEWAY LIMITED group structure
Mendips Raceway Limited has no subsidiary companies.
Ultimate parent company
MENDIPS RACEWAY LIMITED
04025257
mendips raceway limited directors
Mendips Raceway Limited currently has 3 directors. The longest serving directors include Ms Patricia Bunter (Jul 2000) and Mr Graham Bunter (Jul 2000).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Patricia Bunter | 70 years | Jul 2000 | - | Director | |
Mr Graham Bunter | 74 years | Jul 2000 | - | Director | |
Mr Jack Bunter | United Kingdom | 27 years | Apr 2018 | - | Director |
P&L
December 2023turnover
361.6k
-26%
operating profit
2.5k
0%
gross margin
30.9%
-3.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
75.7k
+0.03%
total assets
111.7k
-0.06%
cash
0
0%
net assets
Total assets minus all liabilities
mendips raceway limited company details
company number
04025257
Type
Private limited with Share Capital
industry
93110 - Operation of sports facilities
incorporation date
July 2000
age
24
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
nylands, charlton horethorne, sherborne, dorset, DT9 4NG
Bank
-
Legal Advisor
-
mendips raceway 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 mendips raceway limited.
mendips raceway limited Companies House Filings - See Documents
date | description | view/download |
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