Pomanda estimates the enterprise value of METRO FLOAT LIMITED at £739.2k based on a Turnover of £2.4m and 0.31x industry multiple (adjusted for size and gross margin).
metro float limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of METRO FLOAT LIMITED at £0 based on an EBITDA of £-111k and a 3.08x industry multiple (adjusted for size and gross margin).
metro float limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of METRO FLOAT LIMITED at £0 based on Net Assets of £-1.1m and 2.04x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Metro Float LimitedOverview
Metro Float Limited is a live company located in worcestershire, WR9 7DU with a Companies House number of 04530199. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in September 2002, it's largest shareholder is
christopher roger hill
with a 90% stake. Metro Float Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£2.4m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Metro Float Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
4 Regular
4 Weak
Size
annual sales of £2.4m, make it larger than the average company (£1.2m)
£2.4m - Metro Float Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (9.9%)
9% - Metro Float Limited
9.9% - Industry AVG
Production
with a gross margin of 31.6%, this company has a comparable cost of product (31.6%)
31.6% - Metro Float Limited
31.6% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (4.5%)
-5.1% - Metro Float Limited
4.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (11)
2 - Metro Float Limited
11 - Industry AVG
Pay Structure
on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)
£36.9k - Metro Float Limited
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£210.8k)
£1.2m - Metro Float Limited
£210.8k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (32 days)
22 days - Metro Float Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 183 days, this is slower than average (36 days)
183 days - Metro Float Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 60 days, this is in line with average (62 days)
60 days - Metro Float Limited
62 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (25 weeks)
0 weeks - Metro Float Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 196.8%, this is a higher level of debt than the average (64.9%)
196.8% - Metro Float Limited
64.9% - Industry AVG
METRO FLOAT LIMITED financials
EXPORT
Metro Float Limited's latest turnover from March 2024 is estimated at £2.4 million and the company has net assets of -£1.1 million. According to their latest financial statements, Metro Float Limited has 2 employees and maintains cash reserves of £41.2 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
2,369,200
4,670,512
2,813,280
1,825,465
2,355,177
1,809,998
4,276,003
4,823,224
4,056,121
9,410,893
7,757,129
9,113,809
7,530,148
3,250,169
3,692,726
Other Income Or Grants
Cost Of Sales
1,620,393
3,120,408
1,917,197
1,227,118
1,575,046
1,191,982
2,833,434
3,106,354
2,637,121
6,167,452
5,140,083
6,064,425
4,923,125
2,091,672
2,424,952
Gross Profit
748,808
1,550,104
896,083
598,348
780,131
618,015
1,442,569
1,716,869
1,419,000
3,243,441
2,617,046
3,049,384
2,607,023
1,158,497
1,267,774
Admin Expenses
870,026
1,983,137
946,583
567,839
885,786
743,476
1,755,579
1,934,583
1,422,803
3,088,737
2,781,965
2,988,194
2,570,014
1,203,711
936,055
Operating Profit
-121,218
-433,033
-50,500
30,509
-105,655
-125,461
-313,010
-217,714
-3,803
154,704
-164,919
61,190
37,009
-45,214
331,719
Interest Payable
4,511
4,553
3,248
1,525
Interest Receivable
4,610
4,269
374
97
84
794
1,063
460
1,925
1,697
1,555
3,495
2,729
793
149
Pre-Tax Profit
-121,118
-433,317
-53,374
29,081
-105,571
-124,667
-311,947
-217,254
-1,878
156,401
-163,364
64,684
39,738
-44,421
331,868
Tax
-5,525
-32,844
-15,524
-10,332
-92,923
Profit After Tax
-121,118
-433,317
-53,374
23,556
-105,571
-124,667
-311,947
-217,254
-1,878
123,557
-163,364
49,160
29,406
-44,421
238,945
Dividends Paid
Retained Profit
-121,118
-433,317
-53,374
23,556
-105,571
-124,667
-311,947
-217,254
-1,878
123,557
-163,364
49,160
29,406
-44,421
238,945
Employee Costs
73,728
242,640
268,904
284,532
306,600
424,295
447,934
409,332
542,447
1,262,770
1,045,548
1,299,153
994,042
480,788
587,759
Number Of Employees
2
7
8
9
10
13
14
13
17
39
34
41
34
17
20
EBITDA*
-110,995
-420,895
-34,300
50,052
-92,647
-99,614
-291,265
-191,076
19,777
164,519
-158,643
64,082
40,678
-41,676
333,545
* 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
17,374
27,596
38,384
52,829
69,403
80,431
59,934
78,280
91,069
53,157
23,992
11,449
4,023
7,033
8,468
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
17,374
27,596
38,384
52,829
69,403
80,431
59,934
78,280
91,069
53,157
23,992
11,449
4,023
7,033
8,468
Stock & work in progress
267,245
1,880,512
620,216
1,051,131
704,669
615,219
623,300
386,563
316,529
545,084
639,390
301,004
384,977
412,061
147,896
Trade Debtors
148,716
250,568
492,864
166,209
259,557
180,194
950,368
1,042,174
675,994
1,099,404
924,559
1,151,667
688,347
281,064
575,796
Group Debtors
Misc Debtors
674,362
114,431
222,920
319,732
346,391
214,908
472,051
621,693
540,556
Cash
41,235
134,393
66,486
33,182
161,768
5,359
206,412
218,943
148,855
621,039
57,830
564,019
833,845
257,712
59,502
misc current assets
total current assets
1,131,558
2,379,904
1,402,486
1,570,254
1,472,385
1,015,680
2,252,131
2,269,373
1,681,934
2,265,527
1,621,779
2,016,690
1,907,169
950,837
783,194
total assets
1,148,932
2,407,500
1,440,870
1,623,083
1,541,788
1,096,111
2,312,065
2,347,653
1,773,003
2,318,684
1,645,771
2,028,139
1,911,192
957,870
791,662
Bank overdraft
10,000
10,000
10,000
3,620
Bank loan
Trade Creditors
816,725
1,199,596
247,138
56,890
397,462
218,394
379,728
498,508
391,617
2,078,880
1,535,945
1,754,949
1,687,162
762,843
404,398
Group/Directors Accounts
147,113
other short term finances
hp & lease commitments
other current liabilities
1,406,799
2,156,378
1,705,243
2,020,571
1,672,260
1,298,779
2,225,992
1,827,818
1,140,807
total current liabilities
2,233,524
3,365,974
1,962,381
2,081,081
2,069,722
1,517,173
2,605,720
2,326,326
1,532,424
2,078,880
1,535,945
1,754,949
1,687,162
762,843
551,511
loans
27,595
32,595
36,241
46,380
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
1,301
4,041
7,076
9,074
6,421
403
1,106
total long term liabilities
27,595
32,595
36,241
46,380
1,301
4,041
7,076
9,074
6,421
403
1,106
total liabilities
2,261,119
3,398,569
1,998,622
2,127,461
2,069,722
1,518,474
2,609,761
2,333,402
1,541,498
2,085,301
1,535,945
1,754,949
1,687,162
763,246
552,617
net assets
-1,112,187
-991,069
-557,752
-504,378
-527,934
-422,363
-297,696
14,251
231,505
233,383
109,826
273,190
224,030
194,624
239,045
total shareholders funds
-1,112,187
-991,069
-557,752
-504,378
-527,934
-422,363
-297,696
14,251
231,505
233,383
109,826
273,190
224,030
194,624
239,045
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
-121,218
-433,033
-50,500
30,509
-105,655
-125,461
-313,010
-217,714
-3,803
154,704
-164,919
61,190
37,009
-45,214
331,719
Depreciation
10,223
12,138
16,200
19,543
13,008
25,847
21,745
26,638
23,580
9,815
6,276
2,892
3,669
3,538
1,826
Amortisation
Tax
-5,525
-32,844
-15,524
-10,332
-92,923
Stock
-1,613,267
1,260,296
-430,915
346,462
89,450
-8,081
236,737
70,034
-228,555
-94,306
338,386
-83,973
-27,084
264,165
147,896
Debtors
458,079
-350,785
229,843
-120,007
210,846
-1,027,317
-241,448
447,317
117,146
174,845
-227,108
463,320
407,283
-294,732
575,796
Creditors
-382,871
952,458
190,248
-340,572
179,068
-161,334
-118,780
106,891
-1,687,263
542,935
-219,004
67,787
924,319
358,445
404,398
Accruals and Deferred Income
-749,579
451,135
-315,328
348,311
373,481
-927,213
398,174
687,011
1,140,807
Deferred Taxes & Provisions
-1,301
-2,740
-3,035
-1,998
2,653
6,421
-403
-703
1,106
Cash flow from operations
-88,257
73,187
41,692
-174,189
158,305
-155,503
-10,195
83,477
-412,617
600,492
-488,925
-263,002
574,063
346,633
-77,566
Investing Activities
capital expenditure
-1
-1,350
-1,755
-2,969
-1,980
-46,344
-3,399
-13,849
-61,492
-38,980
-18,819
-10,318
-659
-2,103
-10,294
Change in Investments
cash flow from investments
-1
-1,350
-1,755
-2,969
-1,980
-46,344
-3,399
-13,849
-61,492
-38,980
-18,819
-10,318
-659
-2,103
-10,294
Financing Activities
Bank loans
Group/Directors Accounts
-147,113
147,113
Other Short Term Loans
Long term loans
-5,000
-3,646
-10,139
46,380
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
99
-284
-2,874
-1,428
84
794
1,063
460
1,925
1,697
1,555
3,495
2,729
793
149
cash flow from financing
-4,901
-3,930
-13,013
44,952
84
794
1,063
460
1,925
1,697
1,555
3,495
2,729
-146,320
147,362
cash and cash equivalents
cash
-93,158
67,907
33,304
-128,586
156,409
-201,053
-12,531
70,088
-472,184
563,209
-506,189
-269,826
576,133
198,210
59,502
overdraft
6,380
3,620
change in cash
-93,158
67,907
26,924
-132,206
156,409
-201,053
-12,531
70,088
-472,184
563,209
-506,189
-269,826
576,133
198,210
59,502
metro float 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 metro float limited. Get real-time insights into metro float limited's credit score, group structure and payment trends.
Perform a competitor analysis for metro float limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WR9 area or any other competitors across 12 key performance metrics.
metro float limited Ownership
METRO FLOAT LIMITED group structure
Metro Float Limited has no subsidiary companies.
Ultimate parent company
METRO FLOAT LIMITED
04530199
METRO FLOAT LIMITED Shareholders
The largest shareholders in Metro Float Limited include Christopher Roger Hill and Gemma Victoria Hill.
christopher roger hill
90%
gemma victoria hill
10%
metro float limited directors
Metro Float Limited currently has 1 director, Mr Christopher Hill serving since Sep 2002.
47990 - Other retail sale not in stores, stalls or markets
incorporation date
September 2002
age
23
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
hanbury brokerage services limited (April 2005)
accountant
NEUHOFF AND CO
auditor
-
address
hanbury wharf, droitwich, worcestershire, WR9 7DU
Bank
-
Legal Advisor
-
metro float 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 36 charges/mortgages relating to metro float limited. Currently there are 1 open charges and 35 have been satisfied in the past.
metro float 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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metro float limitedCompanies House Filings - See Documents
