Pomanda estimates the enterprise value of MERCURY PRECISION LIMITED at £881.7k based on a Turnover of £1.4m and 0.64x industry multiple (adjusted for size and gross margin).
mercury precision limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MERCURY PRECISION LIMITED at £0 based on an EBITDA of £-25.4k and a 3.95x industry multiple (adjusted for size and gross margin).
mercury precision limitedEstimated Valuation
£647.2k
Pomanda estimates the enterprise value of MERCURY PRECISION LIMITED at £647.2k based on Net Assets of £321k and 2.02x industry multiple (adjusted for liquidity).
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Mercury Precision LimitedOverview
Mercury Precision Limited is a live company located in west midlands, DY8 1PS with a Companies House number of 04380342. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in February 2002, it's largest shareholder is
michael beardsmore
with a 25% stake. Mercury Precision Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.4m with
low
growth in recent years.
Pomanda's financial health check has awarded Mercury Precision Limited a 3 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 Rating3out of 5
2 Strong
2 Regular
7 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£13.5m)
£1.4m - Mercury Precision Limited
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (8.6%)
1% - Mercury Precision Limited
8.6% - Industry AVG
Production
with a gross margin of 30.4%, this company has a comparable cost of product (30.4%)
30.4% - Mercury Precision Limited
30.4% - Industry AVG
Profitability
an operating margin of -2.5% make it less profitable than the average company (6.4%)
-2.5% - Mercury Precision Limited
6.4% - Industry AVG
Employees
with 10 employees, this is below the industry average (70)
10 - Mercury Precision Limited
70 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
£42.3k - Mercury Precision Limited
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £138.3k, this is less efficient (£175k)
£138.3k - Mercury Precision Limited
£175k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (53 days)
66 days - Mercury Precision Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (42 days)
25 days - Mercury Precision Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mercury Precision Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 37 weeks, this is more cash available to meet short term requirements (13 weeks)
37 weeks - Mercury Precision Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.1%, this is a lower level of debt than the average (46.8%)
35.1% - Mercury Precision Limited
46.8% - Industry AVG
MERCURY PRECISION LIMITED financials
EXPORT
Mercury Precision Limited's latest turnover from March 2024 is estimated at £1.4 million and the company has net assets of £321 thousand. According to their latest financial statements, Mercury Precision Limited has 10 employees and maintains cash reserves of £123.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
1,382,798
1,382,851
1,351,037
1,343,594
1,153,841
1,174,073
1,118,360
940,078
948,882
940,671
1,122,755
811,224
846,319
778,338
735,099
Other Income Or Grants
Cost Of Sales
962,848
968,362
947,274
961,255
812,531
814,975
768,399
635,509
641,679
642,223
760,124
551,907
570,995
524,293
493,955
Gross Profit
419,951
414,489
403,764
382,339
341,311
359,098
349,961
304,569
307,203
298,448
362,630
259,317
275,324
254,045
241,144
Admin Expenses
454,160
452,797
319,312
403,630
381,462
360,464
313,513
289,967
292,978
268,994
282,858
218,558
217,390
191,876
82,183
Operating Profit
-34,209
-38,308
84,452
-21,291
-40,151
-1,366
36,448
14,602
14,225
29,454
79,772
40,759
57,934
62,169
158,961
Interest Payable
Interest Receivable
6,952
6,366
863
85
108
856
609
314
601
523
380
315
267
175
64
Pre-Tax Profit
-27,257
-31,942
85,315
-21,206
-40,043
-510
37,057
14,916
14,826
29,977
80,152
41,074
58,201
62,344
159,025
Tax
-16,210
-7,041
-2,983
-2,965
-6,295
-18,435
-9,858
-15,132
-17,456
-44,527
Profit After Tax
-27,257
-31,942
69,105
-21,206
-40,043
-510
30,016
11,933
11,861
23,682
61,717
31,216
43,069
44,888
114,498
Dividends Paid
Retained Profit
-27,257
-31,942
69,105
-21,206
-40,043
-510
30,016
11,933
11,861
23,682
61,717
31,216
43,069
44,888
114,498
Employee Costs
422,788
399,489
382,103
330,334
329,593
324,807
314,863
270,522
232,031
229,103
284,407
220,481
219,963
213,422
207,669
Number Of Employees
10
10
10
9
9
9
9
8
7
7
9
7
7
7
7
EBITDA*
-25,393
-27,438
97,837
-4,492
-19,156
26,720
57,761
33,390
39,275
43,448
95,849
46,734
66,198
69,697
169,503
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
34,669
43,485
53,480
66,865
83,664
84,253
64,002
56,370
75,158
45,188
48,232
17,927
23,901
25,400
28,851
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
85,000
85,000
85,000
85,000
85,000
85,000
85,000
85,000
75,000
75,000
30,000
15,000
Total Fixed Assets
119,669
128,485
138,480
151,865
168,664
169,253
64,002
56,370
160,158
130,188
123,232
92,927
53,901
40,400
28,851
Stock & work in progress
Trade Debtors
250,607
275,478
277,363
289,585
244,048
260,833
257,498
216,995
202,190
193,055
222,642
163,130
175,714
160,163
142,602
Group Debtors
Misc Debtors
859
2,565
3,207
35
87,400
85,000
2,055
Cash
123,772
141,048
158,528
71,593
99,360
117,035
111,241
132,164
119,382
121,061
88,194
63,704
62,340
44,534
25,652
misc current assets
total current assets
375,238
419,091
439,098
361,178
343,408
377,903
456,139
434,159
323,627
314,116
310,836
226,834
238,054
204,697
168,254
total assets
494,907
547,576
577,578
513,043
512,072
547,156
520,141
490,529
483,785
444,304
434,068
319,761
291,955
245,097
197,105
Bank overdraft
Bank loan
Trade Creditors
68,160
77,865
72,075
97,403
61,268
48,429
61,524
52,661
76,602
99,618
138,678
86,088
89,498
85,709
82,605
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
105,718
113,425
109,275
80,517
86,475
86,355
85,735
87,468
59,676
total current liabilities
173,878
191,290
181,350
177,920
147,743
134,784
147,259
140,129
136,278
99,618
138,678
86,088
89,498
85,709
82,605
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
8,000
16,000
24,000
32,000
40,000
7,534
16,574
25,614
provisions
total long term liabilities
8,000
16,000
24,000
32,000
40,000
7,534
16,574
25,614
total liabilities
173,878
199,290
197,350
201,920
179,743
174,784
147,259
147,663
152,852
125,232
138,678
86,088
89,498
85,709
82,605
net assets
321,029
348,286
380,228
311,123
332,329
372,372
372,882
342,866
330,933
319,072
295,390
233,673
202,457
159,388
114,500
total shareholders funds
321,029
348,286
380,228
311,123
332,329
372,372
372,882
342,866
330,933
319,072
295,390
233,673
202,457
159,388
114,500
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-34,209
-38,308
84,452
-21,291
-40,151
-1,366
36,448
14,602
14,225
29,454
79,772
40,759
57,934
62,169
158,961
Depreciation
8,816
10,870
13,385
16,799
20,995
28,086
21,313
18,788
25,050
13,994
16,077
5,975
8,264
7,528
10,542
Amortisation
Tax
-16,210
-7,041
-2,983
-2,965
-6,295
-18,435
-9,858
-15,132
-17,456
-44,527
Stock
Debtors
-26,577
-2,527
-9,015
45,537
-16,820
970
42,903
12,750
11,190
-19,587
59,512
32,416
30,551
32,561
142,602
Creditors
-9,705
5,790
-25,328
36,135
12,839
-13,095
8,863
-23,941
-23,016
-39,060
52,590
-3,410
3,789
3,104
82,605
Accruals and Deferred Income
-7,707
4,150
28,758
-5,958
120
620
-1,733
27,792
59,676
Deferred Taxes & Provisions
Cash flow from operations
-16,228
-14,971
94,072
-19,852
10,623
13,275
14,947
21,508
61,780
17,680
70,492
1,050
24,304
22,784
64,979
Investing Activities
capital expenditure
-875
-20,406
-48,337
-28,945
-55,020
-10,950
-46,382
-1
-6,765
-4,077
-39,393
Change in Investments
cash flow from investments
-875
-20,406
-48,337
-28,945
-55,020
-10,950
-46,382
-1
-6,765
-4,077
-39,393
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-8,000
-8,000
-8,000
-8,000
-8,000
40,000
-7,534
-9,040
-9,040
25,614
share issue
2
interest
6,952
6,366
863
85
108
856
609
314
601
523
380
315
267
175
64
cash flow from financing
-1,048
-1,634
-7,137
-7,915
-7,892
40,856
-6,925
-8,726
-8,439
26,137
380
315
267
175
66
cash and cash equivalents
cash
-17,276
-17,480
86,935
-27,767
-17,675
5,794
-20,923
12,782
-1,679
32,867
24,490
1,364
17,806
18,882
25,652
overdraft
change in cash
-17,276
-17,480
86,935
-27,767
-17,675
5,794
-20,923
12,782
-1,679
32,867
24,490
1,364
17,806
18,882
25,652
mercury precision limited 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 mercury precision limited. Get real-time insights into mercury precision limited's credit score, group structure and payment trends.
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mercury precision limited Ownership
MERCURY PRECISION LIMITED group structure
Mercury Precision Limited has no subsidiary companies.
Ultimate parent company
MERCURY PRECISION LIMITED
04380342
MERCURY PRECISION LIMITED Shareholders
The largest shareholders in Mercury Precision Limited include Michael Beardsmore and Tina Beardsmore.
michael beardsmore
25%
tina beardsmore
25%
sally tranter
25%
robert christopher watton
25%
mercury precision limited directors
Mercury Precision Limited currently has 2 directors.
The longest serving directors include
Mr Robert Watton (May 2002) and
Mr Michael Beardsmore (May 2002).
jones & co 10 hagley road, stourbridge, west midlands, DY8 1PS
Bank
-
Legal Advisor
-
mercury precision 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 mercury precision limited. Currently there are 1 open charges and 0 have been satisfied in the past.
mercury precision 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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mercury precision limitedCompanies House Filings - See Documents
