Pomanda estimates the enterprise value of MCS TEST EQUIPMENT LTD at £11m based on a Turnover of £11m and 1x industry multiple (adjusted for size and gross margin).
mcs test equipment ltdEstimated Valuation
£35.1m
Pomanda estimates the enterprise value of MCS TEST EQUIPMENT LTD at £35.1m based on an EBITDA of £8.4m and a 4.2x industry multiple (adjusted for size and gross margin).
mcs test equipment ltdEstimated Valuation
£14.8m
Pomanda estimates the enterprise value of MCS TEST EQUIPMENT LTD at £14.8m based on Net Assets of £6.1m and 2.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mcs Test Equipment LtdOverview
Mcs Test Equipment Ltd is a live company located in st asaph, LL17 0LP with a Companies House number of 04147703. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in January 2001, it's largest shareholder is
mcs test holdings limited
with a 100% stake. Mcs Test Equipment Ltd is a mature,
mid sized company, Pomanda has estimated its turnover at
£11m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Mcs Test Equipment Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
3 Regular
3 Weak
Size
annual sales of £11m, make it in line with the average company (£12.9m)
£11m - Mcs Test Equipment Ltd
£12.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (3.1%)
37% - Mcs Test Equipment Ltd
3.1% - Industry AVG
Production
with a gross margin of 39%, this company has a comparable cost of product (39%)
39% - Mcs Test Equipment Ltd
39% - Industry AVG
Profitability
an operating margin of 68.1% make it more profitable than the average company (4.4%)
68.1% - Mcs Test Equipment Ltd
4.4% - Industry AVG
Employees
with 24 employees, this is below the industry average (50)
24 - Mcs Test Equipment Ltd
50 - Industry AVG
Pay Structure
on an average salary of £64.9k, the company has an equivalent pay structure (£64.9k)
£64.9k - Mcs Test Equipment Ltd
£64.9k - Industry AVG
Efficiency
resulting in sales per employee of £460.1k, this is more efficient (£232.5k)
£460.1k - Mcs Test Equipment Ltd
£232.5k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is later than average (41 days)
63 days - Mcs Test Equipment Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 61 days, this is slower than average (44 days)
61 days - Mcs Test Equipment Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 46 days, this is more than average (13 days)
46 days - Mcs Test Equipment Ltd
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 40 weeks, this is more cash available to meet short term requirements (9 weeks)
40 weeks - Mcs Test Equipment Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33%, this is a lower level of debt than the average (66.4%)
33% - Mcs Test Equipment Ltd
66.4% - Industry AVG
MCS TEST EQUIPMENT LTD financials
EXPORT
Mcs Test Equipment Ltd's latest turnover from December 2022 is estimated at £11 million and the company has net assets of £6.1 million. According to their latest financial statements, Mcs Test Equipment Ltd has 24 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2022
Dec 2021
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Turnover
11,042,834
8,499,080
4,047,318
5,475,898
4,283,329
5,433,576
3,659,654
3,333,137
4,699,092
7,663,497
5,151,948
5,505,808
5,389,196
5,376,171
Other Income Or Grants
Cost Of Sales
6,733,657
5,306,889
2,506,647
3,246,696
2,631,892
3,347,853
2,218,941
2,007,795
2,857,969
4,886,855
3,192,460
3,359,870
3,295,297
3,468,838
Gross Profit
4,309,177
3,192,191
1,540,670
2,229,201
1,651,437
2,085,723
1,440,713
1,325,342
1,841,123
2,776,642
1,959,488
2,145,938
2,093,899
1,907,333
Admin Expenses
-3,207,902
3,451,027
1,313,405
2,071,921
1,754,482
1,911,395
2,915,901
1,327,656
1,783,225
2,393,894
1,975,066
1,899,953
1,801,612
644,080
Operating Profit
7,517,079
-258,836
227,265
157,280
-103,045
174,328
-1,475,188
-2,314
57,898
382,748
-15,578
245,985
292,287
1,263,253
Interest Payable
5,559
5,426
7,514
5,762
12,550
19,461
11,782
Interest Receivable
47,219
1,415
82
443
1,557
1,691
422
22
724
876
359
254
227
179
Pre-Tax Profit
7,564,298
-262,980
221,921
150,209
-107,250
163,468
-1,494,226
-14,074
58,623
383,623
-15,219
246,239
292,514
1,263,432
Tax
-1,437,217
-42,165
-28,540
-31,059
-12,311
-88,233
-64,022
-81,904
-353,761
Profit After Tax
6,127,081
-262,980
179,756
121,669
-107,250
132,409
-1,494,226
-14,074
46,312
295,390
-15,219
182,217
210,610
909,671
Dividends Paid
Retained Profit
6,127,081
-262,980
179,756
121,669
-107,250
132,409
-1,494,226
-14,074
46,312
295,390
-15,219
182,217
210,610
909,671
Employee Costs
1,557,994
1,346,400
1,122,763
1,117,445
929,219
879,192
807,547
778,230
1,091,373
1,749,507
1,093,810
1,179,661
1,153,526
1,211,348
Number Of Employees
24
22
20
20
16
16
15
15
21
34
23
25
25
25
EBITDA*
8,366,046
-205,733
275,653
192,001
-74,561
191,577
-1,475,188
309,983
57,898
672,394
332,194
527,096
469,833
1,401,303
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022
Dec 2021
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Tangible Assets
3,999,610
4,672,423
254,379
200,758
163,792
168,022
32,804
1,667,339
2,180,629
1,289,294
1,048,374
860,353
756,985
539,880
Intangible Assets
359,479
401,829
5,000
7,500
10,000
12,500
15,000
17,500
20,000
22,500
25,000
27,500
30,000
32,500
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,359,089
5,074,252
259,379
208,258
173,792
180,522
47,804
1,684,839
2,200,629
1,311,794
1,073,374
887,853
786,985
572,380
Stock & work in progress
850,578
780,128
415,290
711,110
467,284
633,023
511,363
399,360
466,147
846,948
620,013
404,762
554,841
579,855
Trade Debtors
1,931,446
1,325,756
431,052
610,974
487,958
812,220
455,187
429,859
418,386
730,969
509,945
724,358
653,199
596,800
Group Debtors
374,320
1,008,792
177,086
100,483
Misc Debtors
18,428
79,508
72,102
76,530
14,244
35,822
38,511
4,034
40,902
18,297
3,436
Cash
1,616,113
1,082,096
113,363
49,778
68,326
346,828
329,490
8,504
347
289,376
60,903
82,681
19,086
71,697
misc current assets
total current assets
4,790,885
4,276,280
1,208,893
1,548,875
1,037,812
1,827,893
1,334,551
841,757
884,880
1,867,293
1,231,763
1,230,098
1,230,562
1,248,352
total assets
9,149,974
9,350,532
1,468,272
1,757,133
1,211,604
2,008,415
1,382,355
2,526,596
3,085,509
3,179,087
2,305,137
2,117,951
2,017,547
1,820,732
Bank overdraft
177,888
44,749
125,964
260,205
288,783
Bank loan
Trade Creditors
1,125,748
693,367
556,258
815,679
639,565
756,143
535,360
351,557
1,175,226
1,430,140
985,379
807,860
843,892
832,122
Group/Directors Accounts
327,426
437,070
11,809
other short term finances
hp & lease commitments
other current liabilities
643,648
400,104
430,113
457,813
350,230
841,194
459,449
162,655
total current liabilities
2,096,822
1,530,541
998,180
1,451,380
1,034,544
1,723,301
1,255,014
802,995
1,175,226
1,430,140
985,379
807,860
843,892
832,122
loans
73,754
hp & lease commitments
Accruals and Deferred Income
819
other liabilities
6,933,819
256,080
166,178
32,379
2,683
26,866
56,627
provisions
921,442
881,543
22,727
38,144
31,120
31,924
6,560
34,840
25,122
3,991
26,408
22,212
total long term liabilities
921,442
7,815,362
22,727
38,144
31,120
31,924
6,560
108,594
281,202
166,178
32,379
7,493
53,274
78,839
total liabilities
3,018,264
9,345,903
1,020,907
1,489,524
1,065,664
1,755,225
1,261,574
911,589
1,456,428
1,596,318
1,017,758
815,353
897,166
910,961
net assets
6,131,710
4,629
447,365
267,609
145,940
253,190
120,781
1,615,007
1,629,081
1,582,769
1,287,379
1,302,598
1,120,381
909,771
total shareholders funds
6,131,710
4,629
447,365
267,609
145,940
253,190
120,781
1,615,007
1,629,081
1,582,769
1,287,379
1,302,598
1,120,381
909,771
Dec 2022
Dec 2021
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Operating Activities
Operating Profit
7,517,079
-258,836
227,265
157,280
-103,045
174,328
-1,475,188
-2,314
57,898
382,748
-15,578
245,985
292,287
1,263,253
Depreciation
806,617
51,437
45,888
32,221
25,984
14,749
309,797
287,146
345,272
278,611
175,046
135,550
Amortisation
42,350
1,666
2,500
2,500
2,500
2,500
2,500
2,500
2,500
2,500
2,500
2,500
Tax
-1,437,217
-42,165
-28,540
-31,059
-12,311
-88,233
-64,022
-81,904
-353,761
Stock
70,450
69,018
-295,820
243,826
-165,739
121,660
112,003
-66,787
-380,801
226,935
215,251
-150,079
-25,014
579,855
Debtors
-89,862
1,626,069
-107,747
285,785
-345,840
354,344
59,805
15,507
-312,583
180,122
-191,808
86,020
59,835
596,800
Creditors
432,381
-122,312
-259,421
176,114
-116,578
220,783
183,803
-823,669
-254,914
444,761
177,519
-36,032
11,770
832,122
Accruals and Deferred Income
243,544
-57,709
-27,700
107,583
-490,964
381,745
296,794
162,655
-819
819
Deferred Taxes & Provisions
39,899
843,399
-15,417
7,024
-804
25,364
-28,280
9,718
25,122
-3,991
-22,417
4,196
22,212
Cash flow from operations
7,664,065
-1,237,442
334,517
-75,429
-171,328
312,406
-1,194,679
-290,033
509,179
621,865
481,460
469,503
369,074
725,221
Investing Activities
capital expenditure
-133,804
-4,919,097
-99,509
-69,187
-21,754
-149,967
1,637,035
203,493
-888,835
-528,066
-533,293
-381,979
-392,151
-710,430
Change in Investments
cash flow from investments
-133,804
-4,919,097
-99,509
-69,187
-21,754
-149,967
1,637,035
203,493
-888,835
-528,066
-533,293
-381,979
-392,151
-710,430
Financing Activities
Bank loans
Group/Directors Accounts
-109,644
437,070
11,809
Other Short Term Loans
Long term loans
-73,754
73,754
Hire Purchase and Lease Commitments
other long term liabilities
-6,933,819
6,933,819
-256,080
89,902
133,799
29,696
-24,183
-29,761
56,627
share issue
100
interest
47,219
-4,144
-5,344
-7,071
-4,205
-10,859
-19,039
-11,760
724
876
359
254
227
179
cash flow from financing
-6,996,244
7,366,745
6,465
-7,071
-4,205
-10,859
-92,793
-194,086
90,626
134,675
30,055
-23,929
-29,534
56,906
cash and cash equivalents
cash
534,017
1,032,318
63,585
-18,548
-278,502
17,338
320,986
8,157
-289,029
228,473
-21,778
63,595
-52,611
71,697
overdraft
-177,888
-177,888
133,139
-81,215
-134,241
-28,578
288,783
change in cash
534,017
1,210,206
241,473
-151,687
-197,287
151,579
349,564
-280,626
-289,029
228,473
-21,778
63,595
-52,611
71,697
mcs test equipment 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 mcs test equipment ltd. Get real-time insights into mcs test equipment ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mcs test equipment ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in LL17 area or any other competitors across 12 key performance metrics.
mcs test equipment ltd Ownership
MCS TEST EQUIPMENT LTD group structure
Mcs Test Equipment Ltd has no subsidiary companies.
mobile communication solutions limited (March 2001)
accountant
ADDITION ACCOUNTANTS LIMITED
auditor
-
address
8 new vision business park, glascoed road, st asaph, denbighshire, LL17 0LP
Bank
-
Legal Advisor
-
mcs test equipment 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 2 charges/mortgages relating to mcs test equipment ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
mcs test equipment 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.
Click to start generating capital raising & share issue transactions for MCS TEST EQUIPMENT LTD. This can take several minutes, an email will notify you when this has completed.
mcs test equipment ltdCompanies House Filings - See Documents
