midland pressure diecasting limited

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midland pressure diecasting limited Company Information

Share MIDLAND PRESSURE DIECASTING LIMITED

Company Number

04045206

Directors

Ashok Suman

Shareholders

midland pressure diecasting (holdings) limited

Group Structure

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Industry

Manufacture of metal structures and parts of structures

 

Registered Address

lifford hall lifford lane, kings norton, birmingham, west midlands, B30 3JN

midland pressure diecasting limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of MIDLAND PRESSURE DIECASTING LIMITED at £1.5m based on a Turnover of £3.4m and 0.45x industry multiple (adjusted for size and gross margin).

midland pressure diecasting limited Estimated Valuation

£245.2k

Pomanda estimates the enterprise value of MIDLAND PRESSURE DIECASTING LIMITED at £245.2k based on an EBITDA of £71.3k and a 3.44x industry multiple (adjusted for size and gross margin).

midland pressure diecasting limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of MIDLAND PRESSURE DIECASTING LIMITED at £1.5m based on Net Assets of £759.8k and 2.02x industry multiple (adjusted for liquidity).

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Midland Pressure Diecasting Limited Overview

Midland Pressure Diecasting Limited is a live company located in birmingham, B30 3JN with a Companies House number of 04045206. It operates in the manufacture of metal structures and parts of structures sector, SIC Code 25110. Founded in August 2000, it's largest shareholder is midland pressure diecasting (holdings) limited with a 100% stake. Midland Pressure Diecasting Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.4m with healthy growth in recent years.

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Midland Pressure Diecasting Limited Health Check

Pomanda's financial health check has awarded Midland Pressure Diecasting Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £3.4m, make it smaller than the average company (£13.8m)

£3.4m - Midland Pressure Diecasting Limited

£13.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a similar rate (12.6%)

13% - Midland Pressure Diecasting Limited

12.6% - Industry AVG

production

Production

with a gross margin of 18%, this company has a higher cost of product (25.9%)

18% - Midland Pressure Diecasting Limited

25.9% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (6.1%)

0% - Midland Pressure Diecasting Limited

6.1% - Industry AVG

employees

Employees

with 36 employees, this is below the industry average (79)

36 - Midland Pressure Diecasting Limited

79 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.2k, the company has an equivalent pay structure (£43.2k)

£43.2k - Midland Pressure Diecasting Limited

£43.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £93.2k, this is less efficient (£173.4k)

£93.2k - Midland Pressure Diecasting Limited

£173.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 94 days, this is later than average (60 days)

94 days - Midland Pressure Diecasting Limited

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 112 days, this is slower than average (52 days)

112 days - Midland Pressure Diecasting Limited

52 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 8 days, this is less than average (38 days)

8 days - Midland Pressure Diecasting Limited

38 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Midland Pressure Diecasting Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 55.1%, this is a similar level of debt than the average (51.8%)

55.1% - Midland Pressure Diecasting Limited

51.8% - Industry AVG

MIDLAND PRESSURE DIECASTING LIMITED financials

EXPORTms excel logo

Midland Pressure Diecasting Limited's latest turnover from January 2024 is estimated at £3.4 million and the company has net assets of £759.8 thousand. According to their latest financial statements, Midland Pressure Diecasting Limited has 36 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover3,355,3952,984,8682,917,1942,334,9242,477,8592,443,9552,886,5072,823,6842,736,9052,378,5983,075,5002,709,0973,190,4573,480,0332,517,262
Other Income Or Grants
Cost Of Sales2,749,9142,510,2912,467,1021,957,6722,067,9272,008,5232,358,7092,264,3402,181,0481,905,3432,476,5262,163,0652,610,9982,797,4862,041,962
Gross Profit605,480474,577450,092377,251409,932435,432527,798559,345555,857473,255598,974546,033579,459682,547475,299
Admin Expenses604,159432,338213,937366,727396,631399,926527,564489,490504,980452,364589,581545,356558,248598,25099,040
Operating Profit1,32142,239236,15510,52413,30135,50623469,85550,87720,8919,39367721,21184,297376,259
Interest Payable
Interest Receivable5,3688,8937582059095098542448831955960547649491
Pre-Tax Profit6,68951,132236,91210,72814,21036,01531969,89851,32521,72310,3481,63721,75884,946376,750
Tax-1,672-9,715-45,013-2,038-2,700-6,843-61-13,979-10,265-4,562-2,380-393-5,657-23,785-105,490
Profit After Tax5,01741,417191,8998,69011,51029,17225855,91841,06017,1617,9681,24416,10161,161271,260
Dividends Paid
Retained Profit5,01741,417191,8998,69011,51029,17225855,91841,06017,1617,9681,24416,10161,161271,260
Employee Costs1,555,2641,464,9721,368,3391,321,5241,359,6411,326,1141,278,8861,634,1781,551,710433,770510,304489,412598,713641,257486,845
Number Of Employees363636363636364747131615192116
EBITDA*71,278106,427285,68956,38456,62873,96241,252131,684128,90391,68689,73678,617127,271168,752442,076

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets756,489669,854590,996436,950392,236368,374331,630339,355256,693322,503294,748334,238334,065271,054210,430
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets756,489669,854590,996436,950392,236368,374331,630339,355256,693322,503294,748334,238334,065271,054210,430
Stock & work in progress63,18486,24975,87558,49652,71259,26989,04675,15972,03976,35452,85347,40272,92645,85029,570
Trade Debtors872,195808,914824,583628,455693,148686,744955,420839,438763,656721,156990,430792,512972,1641,153,016680,508
Group Debtors
Misc Debtors
Cash204,500303,699302,566106,586135,72233,944179,056153,498228,434155,52563,358196,235
misc current assets
total current assets935,3791,099,6631,204,157989,517852,446881,7351,044,466948,541835,695976,5661,196,7811,068,3481,200,6151,262,224906,313
total assets1,691,8681,769,5171,795,1531,426,4671,244,6821,250,1091,376,0961,287,8961,092,3881,299,0691,491,5291,402,5861,534,6801,533,2781,116,743
Bank overdraft
Bank loan
Trade Creditors 846,780871,288878,032619,722562,791633,900789,939666,278607,023830,2001,069,106957,7511,149,7081,168,822826,020
Group/Directors Accounts6,961
other short term finances
hp & lease commitments29,33329,333
other current liabilities
total current liabilities846,780871,288878,032619,722569,752633,900789,939666,278607,023830,2001,098,439987,0841,149,7081,168,822826,020
loans
hp & lease commitments2,44431,778
Accruals and Deferred Income
other liabilities85,242143,400203,709285,232129,59054,41357,32896,22635,57650,823
provisions32,51760,48356,68853,50933,82443,14132,90233,94836,44032,02519,453
total long term liabilities85,242143,400203,709285,232162,107114,896114,016149,73569,40093,96435,34665,72636,44032,02519,453
total liabilities932,0221,014,6881,081,741904,954731,859748,796903,955816,013676,423924,1641,133,7851,052,8101,186,1481,200,847845,473
net assets759,846754,829713,412521,513512,823501,313472,141471,883415,965374,905357,744349,776348,532332,431271,270
total shareholders funds759,846754,829713,412521,513512,823501,313472,141471,883415,965374,905357,744349,776348,532332,431271,270
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit1,32142,239236,15510,52413,30135,50623469,85550,87720,8919,39367721,21184,297376,259
Depreciation69,95764,18849,53445,86043,32738,45641,01861,82978,02670,79580,34377,940106,06084,45565,817
Amortisation
Tax-1,672-9,715-45,013-2,038-2,700-6,843-61-13,979-10,265-4,562-2,380-393-5,657-23,785-105,490
Stock-23,06510,37417,3795,784-6,557-29,77713,8873,120-4,31523,5015,451-25,52427,07616,28029,570
Debtors63,281-15,669196,128-64,6936,404-268,676115,98275,78242,500-269,274197,918-179,652-180,852472,508680,508
Creditors-24,508-6,744258,31056,931-71,109-156,039123,66159,255-223,177-238,906111,355-191,957-19,114342,802826,020
Accruals and Deferred Income
Deferred Taxes & Provisions-32,517-27,9663,7953,17919,685-9,31710,239-1,046-2,4924,41512,57219,453
Cash flow from operations4,88295,263285,479137,669-44,994213,32838,162117,743-152,041104,230-5,70488,951260,69111,553471,981
Investing Activities
capital expenditure-156,592-143,046-203,580-90,574-67,189-75,200-33,293-144,491-12,216-98,550-40,853-78,113-169,071-145,079-276,247
Change in Investments
cash flow from investments-156,592-143,046-203,580-90,574-67,189-75,200-33,293-144,491-12,216-98,550-40,853-78,113-169,071-145,079-276,247
Financing Activities
Bank loans
Group/Directors Accounts-6,9616,961
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-31,777-29,33461,111
other long term liabilities-58,158-60,309-81,523155,64275,177-2,915-38,89860,650-15,24750,823
share issue10
interest5,3688,8937582059095098542448831955960547649491
cash flow from financing-52,790-51,416-80,765148,88683,047-2,406-38,81360,692-14,79919,877-28,37962,071547649501
cash and cash equivalents
cash-204,500-99,1991,133195,980-29,136135,722-33,94433,944-179,05625,558-74,93672,90992,167-132,877196,235
overdraft
change in cash-204,500-99,1991,133195,980-29,136135,722-33,94433,944-179,05625,558-74,93672,90992,167-132,877196,235

midland pressure diecasting 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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Midland Pressure Diecasting Limited Competitor Analysis

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Perform a competitor analysis for midland pressure diecasting limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in B30 area or any other competitors across 12 key performance metrics.

midland pressure diecasting limited Ownership

MIDLAND PRESSURE DIECASTING LIMITED group structure

Midland Pressure Diecasting Limited has no subsidiary companies.

Ultimate parent company

1 parent

MIDLAND PRESSURE DIECASTING LIMITED

04045206

MIDLAND PRESSURE DIECASTING LIMITED Shareholders

midland pressure diecasting (holdings) limited 100%

midland pressure diecasting limited directors

Midland Pressure Diecasting Limited currently has 1 director, Mr Ashok Suman serving since Aug 2000.

officercountryagestartendrole
Mr Ashok SumanEngland54 years Aug 2000- Director

P&L

January 2024

turnover

3.4m

+12%

operating profit

1.3k

0%

gross margin

18.1%

+13.49%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

759.8k

+0.01%

total assets

1.7m

-0.04%

cash

0

-1%

net assets

Total assets minus all liabilities

midland pressure diecasting limited company details

company number

04045206

Type

Private limited with Share Capital

industry

25110 - Manufacture of metal structures and parts of structures

incorporation date

August 2000

age

25

incorporated

UK

accounts

Unaudited Abridged

last accounts submitted

January 2024

previous names

N/A

accountant

LANGARD LIFFORD HALL LIMITED

auditor

-

address

lifford hall lifford lane, kings norton, birmingham, west midlands, B30 3JN

Bank

-

Legal Advisor

-

midland pressure diecasting 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 1 charges/mortgages relating to midland pressure diecasting limited. Currently there are 1 open charges and 0 have been satisfied in the past.

midland pressure diecasting 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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midland pressure diecasting limited Companies House Filings - See Documents

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