
Company Number
04650915
Next Accounts
843 days late
Shareholders
mr melvin byrne
michael byrne
Group Structure
View All
Industry
Development of building projects
Registered Address
lawrence house, 5 st andrews hill, norwich, NR2 1AD
Website
www.mjbscaffolders.co.ukPomanda estimates the enterprise value of MJB SCAFFOLDERS LIMITED at £161.9k based on a Turnover of £349.1k and 0.46x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MJB SCAFFOLDERS LIMITED at £0 based on an EBITDA of £-268.8k and a 3.67x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MJB SCAFFOLDERS LIMITED at £1.6m based on Net Assets of £1.1m and 1.41x industry multiple (adjusted for liquidity).
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Mjb Scaffolders Limited is a live company located in norwich, NR2 1AD with a Companies House number of 04650915. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2003, it's largest shareholder is mr melvin byrne with a 50% stake. Mjb Scaffolders Limited is a mature, micro sized company, Pomanda has estimated its turnover at £349.1k with declining growth in recent years.
Pomanda's financial health check has awarded Mjb Scaffolders Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £349.1k, make it smaller than the average company (£2m)
- Mjb Scaffolders Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (1.2%)
- Mjb Scaffolders Limited
1.2% - Industry AVG
Production
with a gross margin of 24.5%, this company has a comparable cost of product (24.5%)
- Mjb Scaffolders Limited
24.5% - Industry AVG
Profitability
an operating margin of -85.9% make it less profitable than the average company (8.8%)
- Mjb Scaffolders Limited
8.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Mjb Scaffolders Limited
6 - Industry AVG
Pay Structure
on an average salary of £43.3k, the company has an equivalent pay structure (£43.3k)
- Mjb Scaffolders Limited
£43.3k - Industry AVG
Efficiency
resulting in sales per employee of £116.4k, this is less efficient (£249.9k)
- Mjb Scaffolders Limited
£249.9k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (32 days)
- Mjb Scaffolders Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (32 days)
- Mjb Scaffolders Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mjb Scaffolders Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 902 weeks, this is more cash available to meet short term requirements (14 weeks)
902 weeks - Mjb Scaffolders Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.7%, this is a lower level of debt than the average (76.3%)
2.7% - Mjb Scaffolders Limited
76.3% - Industry AVG
Mjb Scaffolders Limited's latest turnover from March 2021 is estimated at £349.1 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Mjb Scaffolders Limited has 3 employees and maintains cash reserves of £542 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | ||||||||||||
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 | 3 | 6 | 6 | 8 | 5 | 5 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 265,990 | 255,473 | 256,681 | 265,527 | 284,443 | 291,174 | 316,992 | 318,995 | 326,267 | 291,272 | 298,269 | 310,483 |
Intangible Assets | 20,000 | 30,000 | 40,000 | 50,000 | 60,000 | 70,000 | 80,000 | 90,000 | 100,000 | 110,000 | 120,000 | 130,000 |
Investments & Other | ||||||||||||
Debtors (Due After 1 year) | ||||||||||||
Total Fixed Assets | 285,990 | 285,473 | 296,681 | 315,527 | 344,443 | 361,174 | 396,992 | 408,995 | 426,267 | 401,272 | 418,269 | 440,483 |
Stock & work in progress | ||||||||||||
Trade Debtors | 33,367 | 229,550 | 83,707 | 92,140 | 70,827 | 79,955 | 93,123 | 65,104 | 67,102 | 66,397 | 36,759 | 118,889 |
Group Debtors | ||||||||||||
Misc Debtors | 27 | 27 | 2,146 | 21,779 | ||||||||
Cash | 542,033 | 1,099,760 | 907,479 | 695,802 | 420,242 | 455,426 | 373,244 | 248,129 | 201,813 | 246,779 | 219,874 | 113,249 |
misc current assets | 319,559 | 615 | ||||||||||
total current assets | 894,986 | 1,329,952 | 993,332 | 787,942 | 491,069 | 557,160 | 466,367 | 313,233 | 268,915 | 313,176 | 256,633 | 232,138 |
total assets | 1,180,976 | 1,615,425 | 1,290,013 | 1,103,469 | 835,512 | 918,334 | 863,359 | 722,228 | 695,182 | 714,448 | 674,902 | 672,621 |
Bank overdraft | 13,637 | 14,632 | ||||||||||
Bank loan | ||||||||||||
Trade Creditors | 4,712 | 1,725 | 3,391 | 7,659 | 6,351 | 42,798 | 266,395 | 207,831 | 201,876 | 239,536 | 287,422 | 306,080 |
Group/Directors Accounts | ||||||||||||
other short term finances | ||||||||||||
hp & lease commitments | 26,533 | 19,109 | 26,187 | 12,019 | ||||||||
other current liabilities | 133,285 | 109,058 | 121,811 | 62,684 | 144,958 | |||||||
total current liabilities | 31,245 | 154,119 | 138,636 | 129,470 | 82,672 | 214,407 | 266,395 | 207,831 | 201,876 | 239,536 | 287,422 | 306,080 |
loans | 14,198 | 29,814 | ||||||||||
hp & lease commitments | 12,669 | 12,034 | 14,640 | 30,202 | 7,349 | |||||||
Accruals and Deferred Income | ||||||||||||
other liabilities | 56,236 | 85,057 | 96,599 | 69,814 | 81,252 | 91,565 | ||||||
provisions | 8,155 | |||||||||||
total long term liabilities | 12,669 | 12,034 | 22,795 | 30,202 | 21,547 | 56,236 | 85,057 | 96,599 | 69,814 | 81,252 | 121,379 | |
total liabilities | 31,245 | 166,788 | 150,670 | 152,265 | 112,874 | 235,954 | 322,631 | 292,888 | 298,475 | 309,350 | 368,674 | 427,459 |
net assets | 1,149,731 | 1,448,637 | 1,139,343 | 951,204 | 722,638 | 682,380 | 540,728 | 429,340 | 396,707 | 405,098 | 306,228 | 245,162 |
total shareholders funds | 1,149,731 | 1,448,637 | 1,139,343 | 951,204 | 722,638 | 682,380 | 540,728 | 429,340 | 396,707 | 405,098 | 306,228 | 245,162 |
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 | ||||||||||||
Depreciation | 20,904 | 16,693 | 50,998 | 1,998 | 21,476 | 15,487 | 24,022 | 24,605 | 28,030 | 15,269 | 17,807 | 22,835 |
Amortisation | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
Tax | ||||||||||||
Stock | ||||||||||||
Debtors | -196,183 | 143,724 | -6,287 | 21,313 | -30,907 | 8,611 | 28,019 | -1,998 | 705 | 29,638 | -82,130 | 118,889 |
Creditors | 2,987 | -1,666 | -4,268 | 1,308 | -36,447 | -223,597 | 58,564 | 5,955 | -37,660 | -47,886 | -18,658 | 306,080 |
Accruals and Deferred Income | -133,285 | 24,227 | -12,753 | 59,127 | -82,274 | 144,958 | ||||||
Deferred Taxes & Provisions | -8,155 | 8,155 | ||||||||||
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 | -14,198 | 14,198 | -29,814 | 29,814 | ||||||||
Hire Purchase and Lease Commitments | -5,245 | -6,443 | 23,581 | -15,562 | 10,834 | 19,368 | ||||||
other long term liabilities | -56,236 | -28,821 | -11,542 | 26,785 | -11,438 | -10,313 | 91,565 | |||||
share issue | ||||||||||||
interest | ||||||||||||
cash flow from financing | ||||||||||||
cash and cash equivalents | ||||||||||||
cash | -557,727 | 192,281 | 211,677 | 275,560 | -35,184 | 82,182 | 125,115 | 46,316 | -44,966 | 26,905 | 106,625 | 113,249 |
overdraft | -13,637 | -995 | 14,632 | |||||||||
change in cash | -557,727 | 192,281 | 211,677 | 289,197 | -34,189 | 67,550 | 125,115 | 46,316 | -44,966 | 26,905 | 106,625 | 113,249 |
Perform a competitor analysis for mjb scaffolders limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NR2 area or any other competitors across 12 key performance metrics.
MJB SCAFFOLDERS LIMITED group structure
Mjb Scaffolders Limited has no subsidiary companies.
Ultimate parent company
MJB SCAFFOLDERS LIMITED
04650915
Mjb Scaffolders Limited currently has 2 directors. The longest serving directors include Mr Michael Byrne (Jan 2003) and Mr Melvin Byrne (Apr 2004).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Byrne | 60 years | Jan 2003 | - | Director | |
Mr Melvin Byrne | England | 58 years | Apr 2004 | - | Director |
P&L
March 2021turnover
349.1k
-77%
operating profit
-299.7k
0%
gross margin
24.5%
-9.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
1.1m
-0.21%
total assets
1.2m
-0.27%
cash
542k
-0.51%
net assets
Total assets minus all liabilities
company number
04650915
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
January 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2021
previous names
N/A
accountant
-
auditor
-
address
lawrence house, 5 st andrews hill, norwich, NR2 1AD
Bank
-
Legal Advisor
-
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 mjb scaffolders limited. Currently there are 1 open charges and 0 have been satisfied in the past.
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.
Click to start generating capital raising & share issue transactions for MJB SCAFFOLDERS LIMITED. This can take several minutes, an email will notify you when this has completed.
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