mechinnovation limited
mechinnovation limited Company Information
Group Structure
View All
Industry
Other research and experimental development on natural sciences and engineering
Registered Address
2-3 sheldon house, sheep street, shipston-on-stour, warwickshire, CV36 4AF
Website
http://mechscan.co.ukmechinnovation limited Estimated Valuation
Pomanda estimates the enterprise value of MECHINNOVATION LIMITED at £118.9k based on a Turnover of £130.3k and 0.91x industry multiple (adjusted for size and gross margin).
mechinnovation limited Estimated Valuation
Pomanda estimates the enterprise value of MECHINNOVATION LIMITED at £0 based on an EBITDA of £-25.3k and a 4.32x industry multiple (adjusted for size and gross margin).
mechinnovation limited Estimated Valuation
Pomanda estimates the enterprise value of MECHINNOVATION LIMITED at £204.3k based on Net Assets of £106.1k and 1.93x industry multiple (adjusted for liquidity).
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Mechinnovation Limited Overview
Mechinnovation Limited is a live company located in shipston-on-stour, CV36 4AF with a Companies House number of 04295182. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in September 2001, it's largest shareholder is simon richard stone with a 100% stake. Mechinnovation Limited is a mature, micro sized company, Pomanda has estimated its turnover at £130.3k with declining growth in recent years.
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Mechinnovation Limited Health Check
Pomanda's financial health check has awarded Mechinnovation Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £130.3k, make it smaller than the average company (£4.4m)
- Mechinnovation Limited
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (7.9%)
- Mechinnovation Limited
7.9% - Industry AVG
Production
with a gross margin of 28.4%, this company has a higher cost of product (49.5%)
- Mechinnovation Limited
49.5% - Industry AVG
Profitability
an operating margin of -19.4% make it less profitable than the average company (1%)
- Mechinnovation Limited
1% - Industry AVG
Employees
with 1 employees, this is below the industry average (46)
1 - Mechinnovation Limited
46 - Industry AVG
Pay Structure
on an average salary of £65.5k, the company has an equivalent pay structure (£65.5k)
- Mechinnovation Limited
£65.5k - Industry AVG
Efficiency
resulting in sales per employee of £130.3k, this is equally as efficient (£127.4k)
- Mechinnovation Limited
£127.4k - Industry AVG
Debtor Days
it gets paid by customers after 191 days, this is later than average (53 days)
- Mechinnovation Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (41 days)
- Mechinnovation Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mechinnovation Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mechinnovation Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.4%, this is a lower level of debt than the average (40.1%)
3.4% - Mechinnovation Limited
40.1% - Industry AVG
MECHINNOVATION LIMITED financials
Mechinnovation Limited's latest turnover from September 2024 is estimated at £130.3 thousand and the company has net assets of £106.1 thousand. According to their latest financial statements, Mechinnovation Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 38,175 | 47,418 | 52,959 | 15,677 | 22,861 | 22,870 | 17,269 | 22,690 | 29,882 | 41,060 | 45,937 | 27,216 | 32,448 | 40,879 | 42,677 | 34,857 |
| Intangible Assets | ||||||||||||||||
| Investments & Other | ||||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||||
| Total Fixed Assets | 38,175 | 47,418 | 52,959 | 15,677 | 22,861 | 22,870 | 17,269 | 22,690 | 29,882 | 41,060 | 45,937 | 27,216 | 32,448 | 40,879 | 42,677 | 34,857 |
| Stock & work in progress | 16,500 | 23,500 | 150 | 150 | 150 | 150 | 1,487 | |||||||||
| Trade Debtors | 68,337 | 100,204 | 26,079 | 153,058 | 88,534 | 69,571 | 104,600 | 90,576 | 10,072 | 4,968 | 10,730 | 11,443 | 25,094 | 17,950 | 21,126 | 17,530 |
| Group Debtors | ||||||||||||||||
| Misc Debtors | 3,227 | 614 | 48,745 | |||||||||||||
| Cash | 67,760 | 48,905 | 17,865 | 16,039 | 20,496 | 26,908 | 8,852 | 1,665 | ||||||||
| misc current assets | ||||||||||||||||
| total current assets | 71,564 | 100,818 | 74,824 | 153,058 | 88,534 | 69,571 | 104,600 | 90,576 | 94,332 | 77,373 | 28,745 | 27,632 | 45,740 | 45,008 | 31,465 | 19,195 |
| total assets | 109,739 | 148,236 | 127,783 | 168,735 | 111,395 | 92,441 | 121,869 | 113,266 | 124,214 | 118,433 | 74,682 | 54,848 | 78,188 | 85,887 | 74,142 | 54,052 |
| Bank overdraft | ||||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 3,673 | 16,896 | 5,902 | 43,720 | 12,679 | 3,663 | 14,948 | 7,680 | 20,052 | 26,282 | 28,936 | 30,600 | 31,129 | 33,169 | 26,062 | 10,924 |
| Group/Directors Accounts | ||||||||||||||||
| other short term finances | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | ||||||||||||||||
| total current liabilities | 3,673 | 16,896 | 5,902 | 43,720 | 12,679 | 3,663 | 14,948 | 7,680 | 20,052 | 26,282 | 28,936 | 30,600 | 31,129 | 33,169 | 26,062 | 10,924 |
| loans | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | ||||||||||||||||
| provisions | 9,188 | 5,443 | 6,490 | 7,159 | 7,627 | 5,620 | ||||||||||
| total long term liabilities | 9,188 | 5,443 | 6,490 | 7,159 | 7,627 | 5,620 | ||||||||||
| total liabilities | 3,673 | 16,896 | 5,902 | 43,720 | 12,679 | 3,663 | 14,948 | 7,680 | 20,052 | 26,282 | 38,124 | 36,043 | 37,619 | 40,328 | 33,689 | 16,544 |
| net assets | 106,066 | 131,340 | 121,881 | 125,015 | 98,716 | 88,778 | 106,921 | 105,586 | 104,162 | 92,151 | 36,558 | 18,805 | 40,569 | 45,559 | 40,453 | 37,508 |
| total shareholders funds | 106,066 | 131,340 | 121,881 | 125,015 | 98,716 | 88,778 | 106,921 | 105,586 | 104,162 | 92,151 | 36,558 | 18,805 | 40,569 | 45,559 | 40,453 | 37,508 |
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Depreciation | 12,511 | 17,779 | 21,978 | 13,894 | 11,122 | 15,402 | 11,626 | 12,724 | ||||||||
| Amortisation | ||||||||||||||||
| Tax | ||||||||||||||||
| Stock | -16,500 | -7,000 | 23,350 | -1,337 | 1,487 | |||||||||||
| Debtors | -29,254 | 25,994 | -78,234 | 64,524 | 18,963 | -35,029 | 14,024 | 80,504 | 5,104 | -5,762 | -713 | -13,651 | 7,144 | -3,176 | 3,596 | 17,530 |
| Creditors | -13,223 | 10,994 | -37,818 | 31,041 | 9,016 | -11,285 | 7,268 | -12,372 | -6,230 | -2,654 | -1,664 | -529 | -2,040 | 7,107 | 15,138 | 10,924 |
| Accruals and Deferred Income | ||||||||||||||||
| Deferred Taxes & Provisions | -9,188 | 3,745 | -1,047 | -669 | -468 | 2,007 | 5,620 | |||||||||
| Cash flow from operations | ||||||||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | ||||||||||||||||
| cash flow from investments | ||||||||||||||||
| 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 | ||||||||||||||||
| interest | ||||||||||||||||
| cash flow from financing | ||||||||||||||||
| cash and cash equivalents | ||||||||||||||||
| cash | -67,760 | 18,855 | 31,040 | 1,826 | -4,457 | -6,412 | 18,056 | 7,187 | 1,665 | |||||||
| overdraft | ||||||||||||||||
| change in cash | -67,760 | 18,855 | 31,040 | 1,826 | -4,457 | -6,412 | 18,056 | 7,187 | 1,665 |
mechinnovation limited Credit Report and Business Information
Mechinnovation Limited Competitor Analysis
Perform a competitor analysis for mechinnovation limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in CV36 area or any other competitors across 12 key performance metrics.
mechinnovation limited Ownership
MECHINNOVATION LIMITED group structure
Mechinnovation Limited has no subsidiary companies.
Ultimate parent company
MECHINNOVATION LIMITED
04295182
mechinnovation limited directors
Mechinnovation Limited currently has 1 director, Mr Simon Stone serving since Oct 2001.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Stone | 53 years | Oct 2001 | - | Director |
P&L
September 2024turnover
130.3k
-29%
operating profit
-25.3k
0%
gross margin
28.5%
+6.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2024net assets
106.1k
-0.19%
total assets
109.7k
-0.26%
cash
0
0%
net assets
Total assets minus all liabilities
mechinnovation limited company details
company number
04295182
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
September 2001
age
24
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2024
previous names
N/A
accountant
-
auditor
-
address
2-3 sheldon house, sheep street, shipston-on-stour, warwickshire, CV36 4AF
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
mechinnovation 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 mechinnovation limited.
mechinnovation 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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mechinnovation limited Companies House Filings - See Documents
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