metor services limited

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metor services limited Company Information

Share METOR SERVICES LIMITED

Company Number

04625266

Directors

Michael Keddie

John Clarke

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Shareholders

tadlow road limited

chelsey bidco limited

Group Structure

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Industry

Specialised construction activities (other than scaffold erection) n.e.c.

 

Registered Address

141-149 salisbury house, london wall, london, EC2M 5QQ

metor services limited Estimated Valuation

£716.8k

Pomanda estimates the enterprise value of METOR SERVICES LIMITED at £716.8k based on a Turnover of £1.9m and 0.38x industry multiple (adjusted for size and gross margin).

metor services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of METOR SERVICES LIMITED at £0 based on an EBITDA of £-193.4k and a 3.83x industry multiple (adjusted for size and gross margin).

metor services limited Estimated Valuation

£719.7k

Pomanda estimates the enterprise value of METOR SERVICES LIMITED at £719.7k based on Net Assets of £337.4k and 2.13x industry multiple (adjusted for liquidity).

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Metor Services Limited Overview

Metor Services Limited is a live company located in london, EC2M 5QQ with a Companies House number of 04625266. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in December 2002, it's largest shareholder is tadlow road limited with a 88% stake. Metor Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.9m with declining growth in recent years.

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Metor Services Limited Health Check

Pomanda's financial health check has awarded Metor Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

6 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £3.5m, make it smaller than the average company (£6.5m)

£3.5m - Metor Services Limited

£6.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.3%)

9% - Metor Services Limited

6.3% - Industry AVG

production

Production

with a gross margin of 24.9%, this company has a comparable cost of product (24.9%)

24.9% - Metor Services Limited

24.9% - Industry AVG

profitability

Profitability

an operating margin of 16.8% make it more profitable than the average company (6%)

16.8% - Metor Services Limited

6% - Industry AVG

employees

Employees

with 21 employees, this is below the industry average (29)

21 - Metor Services Limited

29 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.6k, the company has an equivalent pay structure (£45.6k)

£45.6k - Metor Services Limited

£45.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £165.8k, this is equally as efficient (£188.7k)

£165.8k - Metor Services Limited

£188.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 68 days, this is near the average (57 days)

68 days - Metor Services Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 66 days, this is slower than average (39 days)

66 days - Metor Services Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is less than average (14 days)

2 days - Metor Services Limited

14 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 50 weeks, this is more cash available to meet short term requirements (20 weeks)

50 weeks - Metor Services Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 43.6%, this is a lower level of debt than the average (62.2%)

43.6% - Metor Services Limited

62.2% - Industry AVG

METOR SERVICES LIMITED financials

EXPORTms excel logo

Metor Services Limited's latest turnover from December 2023 is estimated at £1.9 million and the company has net assets of £337.4 thousand. According to their latest financial statements, Metor Services Limited has 18 employees and maintains cash reserves of £887.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,871,1233,482,2125,628,7582,553,1062,717,1432,688,4722,738,8572,914,9754,193,4717,576,7095,312,4815,252,4225,497,9093,952,4294,948,477
Other Income Or Grants
Cost Of Sales1,412,3482,613,7494,249,9551,947,8932,044,2032,010,3642,035,0202,154,2543,115,0945,710,7993,964,5173,867,9353,992,2182,792,4583,510,550
Gross Profit458,775868,4631,378,802605,213672,939678,108703,837760,7211,078,3761,865,9101,347,9641,384,4881,505,6911,159,9721,437,927
Admin Expenses668,381282,6971,126,809257,027915,637737,933856,000907,4821,066,2111,789,2101,219,7471,297,8121,523,1101,239,823756,258
Operating Profit-209,606585,766251,993348,186-242,698-59,825-152,163-146,76112,16576,700128,21786,676-17,419-79,851681,669
Interest Payable3,7033,7583,0942,7941,269
Interest Receivable32,09522,4272,834210691,2811,8231,3832,2939576575423273281
Pre-Tax Profit-181,214604,435251,733345,602-243,897-58,544-150,340-145,37814,45877,657128,87487,218-17,092-79,523681,669
Tax-114,843-47,829-65,664-2,891-16,308-29,641-20,932-190,867
Profit After Tax-181,214489,592203,904279,938-243,897-58,544-150,340-145,37811,56661,34999,23366,286-17,092-79,523490,802
Dividends Paid
Retained Profit-181,214489,592203,904279,938-243,897-58,544-150,340-145,37811,56661,34999,23366,286-17,092-79,523490,802
Employee Costs898,908957,589868,401879,246810,159882,724815,583801,959971,4311,705,4161,218,3111,232,6661,362,0831,060,4011,332,541
Number Of Employees182120211921202025453334383138
EBITDA*-193,420614,724282,645382,536-204,803-27,173-113,019-93,92246,524100,081158,783114,02614,131-35,432729,708

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets70,67986,865133,515117,253128,547152,025122,432127,386136,477108,449105,99569,42980,861109,128190,650
Intangible Assets2503,2506,2509,250
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets70,67986,865133,515117,253128,547152,025122,432127,386136,477108,449105,99569,67984,111115,378199,900
Stock & work in progress9,51018,42514,87510,49514,4709,50013,5005,9005,7505,75020,5257,60011,55514,33214,406
Trade Debtors232,740649,6081,134,594376,397520,978541,973588,608514,065856,8071,468,3201,153,2741,029,3171,128,391810,0131,020,341
Group Debtors136,21725,752134,619126,875
Misc Debtors47,675175,636189,19461,74462,87869,99859,11063,12353,21763031,05920,15482
Cash887,382720,110335,270420,5801138,579203,028526,007580,313336,75845,990216,71881130,888236
misc current assets
total current assets1,177,3071,699,9961,699,6851,003,835725,202760,050864,2461,109,0951,496,0871,810,8281,220,4191,253,6351,171,086975,3871,035,065
total assets1,247,9861,786,8611,833,2001,121,088853,749912,075986,6781,236,4811,632,5641,919,2771,326,4141,323,3141,255,1971,090,7651,234,965
Bank overdraft10,00010,00010,00050,00041,594
Bank loan
Trade Creditors 210,779477,7501,036,547443,263358,169295,335285,682474,893561,4141,269,998735,957862,541832,107628,752637,529
Group/Directors Accounts560,93964,81866,90367,087136,496
other short term finances
hp & lease commitments11,87811,48121,83922,79923,83422,05815,45225,95327,319
other current liabilities97,796241,379178,953268,551366,012214,437265,364150,149236,747
total current liabilities891,392740,6101,247,339784,613789,609596,648633,401718,082961,9761,269,998735,957862,541832,107628,752637,529
loans14,16721,66731,666
hp & lease commitments8,95925,31415,76317,92223,0056,70822,16028,128
Accruals and Deferred Income
other liabilities25,87930,45128,60350,434101,334
provisions5,0377,42910,2776,01211,45613,7639,3668,6969,5392,0455,000
total long term liabilities19,20438,05567,25721,77529,37836,76816,07430,85637,66727,92430,45128,60350,434106,334
total liabilities910,596778,6651,314,596806,388818,987633,416649,475748,938999,6431,297,922766,408862,541860,710679,186743,863
net assets337,3901,008,196518,604314,70034,762278,659337,203487,543632,921621,355560,006460,773394,487411,579491,102
total shareholders funds337,3901,008,196518,604314,70034,762278,659337,203487,543632,921621,355560,006460,773394,487411,579491,102
Dec 2023Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-209,606585,766251,993348,186-242,698-59,825-152,163-146,76112,16576,700128,21786,676-17,419-79,851681,669
Depreciation16,18628,95830,65234,35037,89532,65239,14452,83934,35923,38130,31624,35028,55041,41945,039
Amortisation2503,0003,0003,0003,000
Tax-114,843-47,829-65,664-2,891-16,308-29,641-20,932-190,867
Stock-5,3653,5504,380-3,9754,970-4,0007,600150-14,77512,925-3,955-2,777-7414,406
Debtors-1,069,125-388,079776,780-137,97198,760-35,74770,530-332,836-558,296314,416124,587-130,133329,283-190,2561,020,423
Creditors-825,768-558,797593,28485,09462,8349,653-189,211-86,521-708,584534,041-126,58430,434203,355-8,777637,529
Accruals and Deferred Income-81,15762,426-89,598-97,461151,575-50,927115,215-86,598236,747
Deferred Taxes & Provisions-5,240-2,8484,265-5,444-2,3074,397670-8437,4942,045-5,0005,000
Cash flow from operations-31,095385,191-38,393441,007-96,431-24,303-264,47564,802137,586320,218-134,954257,616-109,020141,121146,541
Investing Activities
capital expenditure46,65017,692-46,914-23,056-14,417-62,245-34,190-43,748-62,387-25,835-66,882-12,918-28340,103-247,939
Change in Investments
cash flow from investments46,65017,692-46,914-23,056-14,417-62,245-34,190-43,748-62,387-25,835-66,882-12,918-28340,103-247,939
Financing Activities
Bank loans
Group/Directors Accounts560,939-64,818-2,085-184-69,409136,496
Other Short Term Loans
Long term loans-17,499-9,99931,666
Hire Purchase and Lease Commitments-35,275-26,7138,591-3,194-3,30722,903-25,953-7,33455,447
other long term liabilities-25,879-4,57230,451-28,603-21,831-50,900101,334
share issue300
interest28,39218,669-260-2,584-1,2001,2811,8231,3832,2939576575423273281
cash flow from financing536,557-18,04339,997-5,778-69,32522,099-24,314-75,360168,357-3,61531,108-28,061-21,504-50,572101,635
cash and cash equivalents
cash552,112384,840-85,310420,579-138,578-64,449-322,979-54,306243,555290,768-170,728216,637-130,807130,652236
overdraft-40,0008,40641,594
change in cash552,112384,840-45,310412,173-180,172-64,449-322,979-54,306243,555290,768-170,728216,637-130,807130,652236

metor services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Metor Services Limited Competitor Analysis

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Perform a competitor analysis for metor services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EC2M area or any other competitors across 12 key performance metrics.

metor services limited Ownership

METOR SERVICES LIMITED group structure

Metor Services Limited has no subsidiary companies.

Ultimate parent company

RAMUDDEN HOLDCO AB

#0116674

2 parents

METOR SERVICES LIMITED

04625266

METOR SERVICES LIMITED Shareholders

tadlow road limited 88%
chelsey bidco limited 12%

metor services limited directors

Metor Services Limited currently has 7 directors. The longest serving directors include Mr Michael Keddie (Dec 2002) and Mr John Clarke (Mar 2013).

officercountryagestartendrole
Mr Michael Keddie58 years Dec 2002- Director
Mr John Clarke55 years Mar 2013- Director
Mr Matthew Robinson43 years May 2023- Director
Mr Timothy CockayneUnited Kingdom46 years May 2023- Director
Mr Timothy CockayneEngland46 years May 2023- Director
Mr Nigel Dougan55 years May 2023- Director
Mr Christopher AdamsUnited Kingdom50 years Jul 2024- Director

P&L

December 2023

turnover

1.9m

-67%

operating profit

-209.6k

0%

gross margin

24.6%

+0.09%

turnover

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

Balance Sheet

December 2023

net assets

337.4k

-0.35%

total assets

1.2m

-0.32%

cash

887.4k

+1.65%

net assets

Total assets minus all liabilities

metor services limited company details

company number

04625266

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

incorporation date

December 2002

age

23

incorporated

UK

ultimate parent company

RAMUDDEN HOLDCO AB

accounts

Small Company

last accounts submitted

December 2023

previous names

N/A

accountant

GEORGE HAY PARTNERSHIP LLP

auditor

-

address

141-149 salisbury house, london wall, london, EC2M 5QQ

Bank

-

Legal Advisor

-

metor services 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 2 charges/mortgages relating to metor services limited. Currently there are 2 open charges and 0 have been satisfied in the past.

metor services 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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metor services limited Companies House Filings - See Documents

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