mick's skips limited
mick's skips limited Company Information
Company Number
04702315
Next Accounts
Feb 2026
Shareholders
mr edward terrence freshwater
mr terry james freshwater
Group Structure
View All
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Registered Address
c/o reesrussell llp, 37 market square, witney, OX28 6RE
Website
www.micksskips.co.ukmick's skips limited Estimated Valuation
Pomanda estimates the enterprise value of MICK'S SKIPS LIMITED at £1.8m based on a Turnover of £2.5m and 0.73x industry multiple (adjusted for size and gross margin).
mick's skips limited Estimated Valuation
Pomanda estimates the enterprise value of MICK'S SKIPS LIMITED at £0 based on an EBITDA of £-68.1k and a 3.17x industry multiple (adjusted for size and gross margin).
mick's skips limited Estimated Valuation
Pomanda estimates the enterprise value of MICK'S SKIPS LIMITED at £266.5k based on Net Assets of £116.6k and 2.29x industry multiple (adjusted for liquidity).
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Mick's Skips Limited Overview
Mick's Skips Limited is a live company located in witney, OX28 6RE with a Companies House number of 04702315. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in March 2003, it's largest shareholder is mr edward terrence freshwater with a 51% stake. Mick's Skips Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.5m with healthy growth in recent years.
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Mick's Skips Limited Health Check
Pomanda's financial health check has awarded Mick'S Skips Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£10m)
- Mick's Skips Limited
£10m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (9%)
- Mick's Skips Limited
9% - Industry AVG
Production
with a gross margin of 48.8%, this company has a comparable cost of product (48.8%)
- Mick's Skips Limited
48.8% - Industry AVG
Profitability
an operating margin of -3.6% make it less profitable than the average company (11.9%)
- Mick's Skips Limited
11.9% - Industry AVG
Employees
with 15 employees, this is below the industry average (57)
15 - Mick's Skips Limited
57 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)
- Mick's Skips Limited
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £164.9k, this is less efficient (£235.3k)
- Mick's Skips Limited
£235.3k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (51 days)
- Mick's Skips Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 87 days, this is slower than average (52 days)
- Mick's Skips Limited
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mick's Skips Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is more cash available to meet short term requirements (6 weeks)
13 weeks - Mick's Skips Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.1%, this is a higher level of debt than the average (65.2%)
79.1% - Mick's Skips Limited
65.2% - Industry AVG
MICK'S SKIPS LIMITED financials
Mick'S Skips Limited's latest turnover from May 2024 is estimated at £2.5 million and the company has net assets of £116.6 thousand. According to their latest financial statements, Mick'S Skips Limited has 15 employees and maintains cash reserves of £107.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | 15 | 16 | 18 | 17 | 16 | 18 | 27 | 27 | 27 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 80,837 | 101,791 | 116,036 | 109,025 | 90,987 | 103,490 | 109,448 | 127,218 | 137,082 | 138,885 | 105,946 | 99,470 | 111,454 | 141,403 | 140,163 |
| Intangible Assets | 9,000 | 18,000 | 27,000 | ||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 80,837 | 101,791 | 116,036 | 109,025 | 90,987 | 103,490 | 109,448 | 127,218 | 137,082 | 138,885 | 105,946 | 99,470 | 120,454 | 159,403 | 167,163 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 321,792 | 331,211 | 343,146 | 213,830 | 219,461 | 283,831 | 153,648 | 213,259 | 182,950 | 181,223 | 138,600 | 161,965 | 196,369 | 184,015 | 190,329 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 48,673 | 50,301 | 51,992 | 14,276 | 13,848 | 20,536 | 34,888 | 18,459 | 19,496 | ||||||
| Cash | 107,903 | 144,565 | 196,801 | 200,291 | 152,146 | 137,574 | 113,379 | 124,210 | 123,737 | 130,499 | 152,984 | 80,891 | 140,927 | 101,735 | 117,527 |
| misc current assets | 1,250 | ||||||||||||||
| total current assets | 478,368 | 526,077 | 591,939 | 428,397 | 385,455 | 441,941 | 301,915 | 357,178 | 326,183 | 311,722 | 291,584 | 242,856 | 337,296 | 285,750 | 307,856 |
| total assets | 559,205 | 627,868 | 707,975 | 537,422 | 476,442 | 545,431 | 411,363 | 484,396 | 463,265 | 450,607 | 397,530 | 342,326 | 457,750 | 445,153 | 475,019 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 303,053 | 294,168 | 335,392 | 172,072 | 149,171 | 153,683 | 164,314 | 137,648 | 84,164 | 145,500 | 151,371 | 90,102 | 165,387 | 154,687 | 250,112 |
| Group/Directors Accounts | 50,844 | 32,927 | 30,079 | 25,100 | 30,545 | 30,487 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 124,201 | 115,625 | 134,456 | 114,719 | 126,655 | 103,720 | 59,596 | 53,932 | 63,703 | ||||||
| total current liabilities | 427,254 | 409,793 | 469,848 | 337,635 | 308,753 | 287,482 | 249,010 | 222,125 | 178,354 | 145,500 | 151,371 | 90,102 | 165,387 | 154,687 | 250,112 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 15,359 | 19,047 | 22,046 | 21,210 | 15,763 | 17,804 | 18,527 | 21,403 | 25,055 | 24,614 | 16,698 | 13,070 | 12,506 | 16,127 | 9,405 |
| total long term liabilities | 15,359 | 19,047 | 22,046 | 21,210 | 15,763 | 17,804 | 18,527 | 21,403 | 25,055 | 24,614 | 16,698 | 13,070 | 12,506 | 16,127 | 9,405 |
| total liabilities | 442,613 | 428,840 | 491,894 | 358,845 | 324,516 | 305,286 | 267,537 | 243,528 | 203,409 | 170,114 | 168,069 | 103,172 | 177,893 | 170,814 | 259,517 |
| net assets | 116,592 | 199,028 | 216,081 | 178,577 | 151,926 | 240,145 | 143,826 | 240,868 | 259,856 | 280,493 | 229,461 | 239,154 | 279,857 | 274,339 | 215,502 |
| total shareholders funds | 116,592 | 199,028 | 216,081 | 178,577 | 151,926 | 240,145 | 143,826 | 240,868 | 259,856 | 280,493 | 229,461 | 239,154 | 279,857 | 274,339 | 215,502 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 20,954 | 27,160 | 33,803 | 29,650 | 26,482 | 29,328 | 31,970 | 12,431 | 39,427 | 38,561 | 29,719 | 26,568 | 29,107 | 37,074 | 37,342 |
| Amortisation | 9,000 | 9,000 | 9,000 | 9,000 | |||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -11,047 | -13,626 | 167,032 | -5,203 | -71,058 | 115,831 | -43,182 | 29,272 | 21,223 | 42,623 | -23,365 | -34,404 | 12,354 | -6,314 | 190,329 |
| Creditors | 8,885 | -41,224 | 163,320 | 22,901 | -4,512 | -10,631 | 26,666 | 53,484 | -61,336 | -5,871 | 61,269 | -75,285 | 10,700 | -95,425 | 250,112 |
| Accruals and Deferred Income | 8,576 | -18,831 | 19,737 | -11,936 | 22,935 | 44,124 | 5,664 | -9,771 | 63,703 | ||||||
| Deferred Taxes & Provisions | -3,688 | -2,999 | 836 | 5,447 | -2,041 | -723 | -2,876 | -3,652 | 441 | 7,916 | 3,628 | 564 | -3,621 | 6,722 | 9,405 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -50,844 | 17,917 | 2,848 | 4,979 | -5,445 | 58 | 30,487 | ||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -36,662 | -52,236 | -3,490 | 48,145 | 14,572 | 24,195 | -10,831 | 473 | -6,762 | -22,485 | 72,093 | -60,036 | 39,192 | -15,792 | 117,527 |
| overdraft | |||||||||||||||
| change in cash | -36,662 | -52,236 | -3,490 | 48,145 | 14,572 | 24,195 | -10,831 | 473 | -6,762 | -22,485 | 72,093 | -60,036 | 39,192 | -15,792 | 117,527 |
mick's skips limited Credit Report and Business Information
Mick's Skips Limited Competitor Analysis
Perform a competitor analysis for mick's skips limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in OX28 area or any other competitors across 12 key performance metrics.
mick's skips limited Ownership
MICK'S SKIPS LIMITED group structure
Mick'S Skips Limited has no subsidiary companies.
Ultimate parent company
MICK'S SKIPS LIMITED
04702315
mick's skips limited directors
Mick'S Skips Limited currently has 2 directors. The longest serving directors include Mr Edward Freshwater (Mar 2003) and Mr Terry Freshwater (Jun 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Freshwater | 84 years | Mar 2003 | - | Director | |
| Mr Terry Freshwater | England | 57 years | Jun 2010 | - | Director |
P&L
May 2024turnover
2.5m
+8%
operating profit
-89.1k
0%
gross margin
48.9%
+5.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
116.6k
-0.41%
total assets
559.2k
-0.11%
cash
107.9k
-0.25%
net assets
Total assets minus all liabilities
mick's skips limited company details
company number
04702315
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
March 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
REES RUSSELL LLP
auditor
-
address
c/o reesrussell llp, 37 market square, witney, OX28 6RE
Bank
-
Legal Advisor
-
mick's skips 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 did not find charges/mortgages relating to mick's skips limited.
mick's skips 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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mick's skips limited Companies House Filings - See Documents
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