M-tech Limited

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m-tech limited Company Information

Live

MatureSmallHigh

Company Number

04399133

Website

http://mtechgt.co.uk

Registered Address

unit 15 elford lowe farm elford, tamworth, staffordshire, B79 9BJ

Industry

Other business support service activities n.e.c.

Telephone

01827382011

Next Accounts Due

September 2025

Group Structure

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Directors

Michael Edmonds22 Years

Shareholders

mr michael scott edmonds 100%

m-tech limited Estimated Valuation

£344.9k

Pomanda estimates the enterprise value of M-TECH LIMITED at £344.9k based on a Turnover of £611.9k and 0.56x industry multiple (adjusted for size and gross margin).

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M-tech Limited is a live company located in staffordshire, B79 9BJ with a Companies House number of 04399133. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2002, it's largest shareholder is mr michael scott edmonds with a 100% stake. M-tech Limited is a mature, small sized company, Pomanda has estimated its turnover at £611.9k with high growth in recent years.

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Pomanda's financial health check has awarded M-Tech Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

3 Strong

2 Regular

6 Weak

Size

annual sales of £611.9k, make it smaller than the average company (£4.5m)

Growth

3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (6.4%)

EXPORT

M-Tech Limited's latest turnover from December 2023 is estimated at £611.9 thousand and the company has net assets of -£28.9 thousand. According to their latest financial statements, M-Tech Limited has 5 employees and maintains cash reserves of £46.2 thousand 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	611,946	552,091	295,005	302,630	393,654	340,370	53,779	29,183	30,121	2,459,313	2,386,578	2,318,799	1,706,091	481,542	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	380,613	337,693	184,348	190,660	246,210	213,823	33,490	18,059	19,147	1,588,993	1,555,165	1,483,792	1,068,877	294,622	0
Gross Profit	231,332	214,398	110,657	111,970	147,444	126,547	20,289	11,124	10,974	870,320	831,413	835,007	637,215	186,921	0
Admin Expenses	236,447	237,901	126,729	141,553	219,847	57,521	37,378	18,580	-18,477	926,372	906,880	810,815	550,313	193,443	-173,030
Operating Profit	-5,115	-23,503	-16,072	-29,583	-72,403	69,026	-17,089	-7,456	29,451	-56,052	-75,467	24,192	86,902	-6,522	173,030
Interest Payable	4,871	4,644	3,135	1,525	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	2,369	1,694	142	55	355	204	94	81	77	1	929	1,370	447	254	249
Pre-Tax Profit	-7,618	-26,453	-19,065	-31,053	-72,048	69,230	-16,995	-7,375	29,529	-56,051	-74,538	25,562	87,349	-6,268	173,279
Tax	0	0	0	0	0	-13,154	0	0	-5,906	0	0	-6,135	-22,711	0	-48,518
Profit After Tax	-7,618	-26,453	-19,065	-31,053	-72,048	56,076	-16,995	-7,375	23,623	-56,051	-74,538	19,427	64,638	-6,268	124,761
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-7,618	-26,453	-19,065	-31,053	-72,048	56,076	-16,995	-7,375	23,623	-56,051	-74,538	19,427	64,638	-6,268	124,761
Employee Costs	263,750	252,057	193,018	230,272	364,219	308,023	41,830	41,883	41,669	706,468	657,623	640,204	474,764	153,901	0
Number Of Employees	5	5	4	5	8	7	1	1	1	17	16	16	12	4	0
EBITDA*	8,737	-8,803	-7,235	-20,975	-60,340	89,153	-8,924	3,452	44,611	-41,611	-35,576	68,333	151,438	39,185	190,272

* 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	17,632	43,848	25,884	25,822	34,430	71,838	24,498	32,663	43,571	41,814	118,871	132,322	193,608	136,702	115,301
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	47,632	73,848	55,884	55,822	64,430	101,838	54,498	62,663	73,571	71,814	148,871	162,322	223,608	166,702	115,301
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	3,850	5,000	13,111	0
Trade Debtors	53,820	50,647	15,263	7,796	7,146	7,024	9,037	0	0	323,503	315,931	245,192	217,233	57,898	187,171
Group Debtors	152,505	152,505	152,504	152,606	152,606	162,606	147,406	148,391	199,866	0	0	0	0	0	0
Misc Debtors	0	0	0	0	758	2,013	2,798	14,971	5,523	0	0	0	0	0	0
Cash	46,200	48,557	48,251	65,381	44,051	50,688	3,593	33,867	30,912	33	365	371,104	177,022	1,762	99,773
misc current assets	0	0	0	0	0	0	261	0	0	0	0	0	0	0	33,037
total current assets	252,525	251,709	216,018	225,783	204,561	222,331	163,095	197,229	236,301	323,536	316,296	620,146	399,255	72,771	319,981
total assets	300,157	325,557	271,902	281,605	268,991	324,169	217,593	259,892	309,872	395,350	465,167	782,468	622,863	239,473	435,282
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	78,996	73,604	36,285	27,580	1,273	629	4,367	4,365	4,386	309,730	279,666	498,461	319,083	102,079	310,520
Group/Directors Accounts	39,762	63,384	63,384	63,384	63,384	84,781	91,077	84,781	54,781	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	291	1,746	1,746	0	0	0	0	0	0
other current liabilities	169,214	162,440	116,788	116,443	144,428	106,805	45,980	75,006	143,886	0	0	0	0	0	0
total current liabilities	287,972	299,428	216,457	207,407	209,085	192,215	141,715	165,898	204,799	309,730	279,666	498,461	319,083	102,079	310,520
loans	41,123	47,449	50,312	50,000	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	291	2,036	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	43,830	67,768	91,796	0	0
provisions	0	0	0	0	4,655	4,655	4,655	5,485	7,444	13,650	13,650	13,680	28,852	18,900	0
total long term liabilities	41,123	47,449	50,312	50,000	4,655	4,655	4,655	5,776	9,480	13,650	57,480	81,448	120,648	18,900	0
total liabilities	329,095	346,877	266,769	257,407	213,740	196,870	146,370	171,674	214,279	323,380	337,146	579,909	439,731	120,979	310,520
net assets	-28,938	-21,320	5,133	24,198	55,251	127,299	71,223	88,218	95,593	71,970	128,021	202,559	183,132	118,494	124,762
total shareholders funds	-28,938	-21,320	5,133	24,198	55,251	127,299	71,223	88,218	95,593	71,970	128,021	202,559	183,132	118,494	124,762

	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	-5,115	-23,503	-16,072	-29,583	-72,403	69,026	-17,089	-7,456	29,451	-56,052	-75,467	24,192	86,902	-6,522	173,030
Depreciation	13,852	14,700	8,837	8,608	12,063	20,127	8,165	10,908	15,160	14,441	39,891	44,141	64,536	45,707	17,242
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	0	0	0	-13,154	0	0	-5,906	0	0	-6,135	-22,711	0	-48,518
Stock	0	0	0	0	0	0	0	0	0	0	-3,850	-1,150	-8,111	13,111	0
Debtors	3,173	35,385	7,365	-108	-11,133	12,402	-4,121	-42,027	-118,114	7,572	70,739	27,959	159,335	-129,273	187,171
Creditors	5,392	37,319	8,705	26,307	644	-3,738	2	-21	-305,344	30,064	-218,795	179,378	217,004	-208,441	310,520
Accruals and Deferred Income	6,774	45,652	345	-27,985	37,623	60,825	-29,026	-68,880	143,886	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	-4,655	0	0	-830	-1,959	-6,206	0	-30	-15,172	9,952	18,900	0
Cash flow from operations	17,730	38,783	-5,550	-27,200	-10,940	120,684	-34,657	-25,381	-10,845	-19,119	-321,290	199,595	204,459	-34,194	265,103
Investing Activities
capital expenditure	12,364	-32,664	-8,899	0	25,345	-67,467	0	0	-16,917	62,616	-26,440	17,145	-121,442	-67,108	-132,543
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	30,000	0
cash flow from investments	12,364	-32,664	-8,899	0	25,345	-67,467	0	0	-16,917	62,616	-26,440	17,145	-121,442	-97,108	-132,543
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-23,622	0	0	0	-21,397	-6,296	6,296	30,000	54,781	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	-6,326	-2,863	312	50,000	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	-291	-1,746	-1,745	3,782	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	-43,830	-23,938	-24,028	91,796	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1
interest	-2,502	-2,950	-2,993	-1,470	355	204	94	81	77	1	929	1,370	447	254	249
cash flow from financing	-32,450	-5,813	-2,681	48,530	-21,042	-6,383	4,644	28,336	58,640	-43,829	-23,009	-22,658	92,243	254	250
cash and cash equivalents
cash	-2,357	306	-17,130	21,330	-6,637	47,095	-30,274	2,955	30,879	-332	-370,739	194,082	175,260	-98,011	99,773
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-2,357	306	-17,130	21,330	-6,637	47,095	-30,274	2,955	30,879	-332	-370,739	194,082	175,260	-98,011	99,773

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for m-tech limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in B79 area or any other competitors across 12 key performance metrics.

M-TECH LIMITED group structure

M-Tech Limited has 1 subsidiary company.

Ultimate parent company

M-TECH LIMITED

04399133

1 subsidiary

M-TECH LITE LIMITED

05501129

M-TECH LIMITED Shareholders

mr michael scott edmonds

100%

M-Tech Limited currently has 1 director, Mr Michael Edmonds serving since Mar 2002.

officer	country	age	start	end	role
Mr Michael Edmonds	United Kingdom	56 years	Mar 2002	-	Director

P&L

December 2023

turnover

611.9k

+11%

operating profit

-5.1k

gross margin

37.9%

-2.65%

turnover

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

Balance Sheet

December 2023

net assets

-28.9k

+0.36%

total assets

300.2k

-0.08%

cash

46.2k

-0.05%

net assets

Total assets minus all liabilities

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company number

04399133

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

March 2002

ultimate parent company

None

previous names

N/A

address

unit 15 elford lowe farm elford, tamworth, staffordshire, B79 9BJ

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 m-tech limited.

m-tech limited Company Information

m-tech limited Estimated Valuation

m-tech limited Estimated Valuation

m-tech limited Estimated Valuation

M-tech Limited Overview

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M-TECH LIMITED financials

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m-tech limited Ownership

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m-tech limited Companies House Filings - See Documents