british engineering services asset reliability mimic limited
british engineering services asset reliability mimic limited Company Information
Company Number
04827645
Website
http://jfmimic.co.ukRegistered Address
unit 718 eddington way, birchwood park, warrington, WA3 6BA
Industry
Technical testing and analysis
Other information technology and computer service activities
Telephone
01229615400
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
british engineering services holdco limited 100%
british engineering services asset reliability mimic limited Estimated Valuation
Pomanda estimates the enterprise value of BRITISH ENGINEERING SERVICES ASSET RELIABILITY MIMIC LIMITED at £1.5m based on a Turnover of £1.7m and 0.88x industry multiple (adjusted for size and gross margin).
british engineering services asset reliability mimic limited Estimated Valuation
Pomanda estimates the enterprise value of BRITISH ENGINEERING SERVICES ASSET RELIABILITY MIMIC LIMITED at £3.5m based on an EBITDA of £526k and a 6.56x industry multiple (adjusted for size and gross margin).
british engineering services asset reliability mimic limited Estimated Valuation
Pomanda estimates the enterprise value of BRITISH ENGINEERING SERVICES ASSET RELIABILITY MIMIC LIMITED at £1.1m based on Net Assets of £450k and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
British Engineering Services Asset Reliability Mimic Limited Overview
British Engineering Services Asset Reliability Mimic Limited is a live company located in warrington, WA3 6BA with a Companies House number of 04827645. It operates in the other transportation support activities sector, SIC Code 52290. Founded in July 2003, it's largest shareholder is british engineering services holdco limited with a 100% stake. British Engineering Services Asset Reliability Mimic Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
British Engineering Services Asset Reliability Mimic Limited Health Check
Pomanda's financial health check has awarded British Engineering Services Asset Reliability Mimic Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£7.1m)
£1.7m - British Engineering Services Asset Reliability Mimic Limited
£7.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- British Engineering Services Asset Reliability Mimic Limited
- - Industry AVG
Production
with a gross margin of 65.9%, this company has a lower cost of product (40.2%)
65.9% - British Engineering Services Asset Reliability Mimic Limited
40.2% - Industry AVG
Profitability
an operating margin of 27.6% make it more profitable than the average company (4.7%)
27.6% - British Engineering Services Asset Reliability Mimic Limited
4.7% - Industry AVG
Employees
with 14 employees, this is below the industry average (39)
14 - British Engineering Services Asset Reliability Mimic Limited
39 - Industry AVG
Pay Structure
on an average salary of £36.4k, the company has a lower pay structure (£51.6k)
£36.4k - British Engineering Services Asset Reliability Mimic Limited
£51.6k - Industry AVG
Efficiency
resulting in sales per employee of £121.7k, this is less efficient (£175.5k)
£121.7k - British Engineering Services Asset Reliability Mimic Limited
£175.5k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (54 days)
82 days - British Engineering Services Asset Reliability Mimic Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (33 days)
65 days - British Engineering Services Asset Reliability Mimic Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 35 days, this is more than average (14 days)
35 days - British Engineering Services Asset Reliability Mimic Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (14 weeks)
34 weeks - British Engineering Services Asset Reliability Mimic Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.6%, this is a similar level of debt than the average (63%)
66.6% - British Engineering Services Asset Reliability Mimic Limited
63% - Industry AVG
BRITISH ENGINEERING SERVICES ASSET RELIABILITY MIMIC LIMITED financials
British Engineering Services Asset Reliability Mimic Limited's latest turnover from December 2022 is £1.7 million and the company has net assets of £450 thousand. According to their latest financial statements, British Engineering Services Asset Reliability Mimic Limited has 14 employees and maintains cash reserves of £569 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 1,704,000 | |||||||||||||
| Other Income Or Grants | 0 | |||||||||||||
| Cost Of Sales | 582,000 | |||||||||||||
| Gross Profit | 1,122,000 | |||||||||||||
| Admin Expenses | 651,000 | |||||||||||||
| Operating Profit | 471,000 | |||||||||||||
| Interest Payable | 0 | |||||||||||||
| Interest Receivable | 0 | |||||||||||||
| Pre-Tax Profit | 471,000 | |||||||||||||
| Tax | -21,000 | |||||||||||||
| Profit After Tax | 450,000 | |||||||||||||
| Dividends Paid | 0 | |||||||||||||
| Retained Profit | 450,000 | |||||||||||||
| Employee Costs | 510,000 | |||||||||||||
| Number Of Employees | 14 | |||||||||||||
| EBITDA* | 526,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 83,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 93,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 56,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 383,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 248,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 569,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,256,000 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 1,349,000 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 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 |
| Trade Creditors | 105,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 224,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 540,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 869,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 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 | 0 | 0 | 0 | 0 |
| provisions | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 899,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 450,000 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 450,000 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 471,000 | |||||||||||||
| Depreciation | 9,000 | 0 | 0 | 0 | ||||||||||
| Amortisation | 46,000 | 0 | 0 | 0 | ||||||||||
| Tax | -21,000 | |||||||||||||
| Stock | 56,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 630,999 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 105,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 540,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 493,001 | |||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 224,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | |||||||||||||
| cash flow from financing | 223,999 | |||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 569,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 569,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
british engineering services asset reliability mimic limited Credit Report and Business Information
British Engineering Services Asset Reliability Mimic Limited Competitor Analysis
Perform a competitor analysis for british engineering services asset reliability mimic limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
british engineering services asset reliability mimic limited Ownership
BRITISH ENGINEERING SERVICES ASSET RELIABILITY MIMIC LIMITED group structure
British Engineering Services Asset Reliability Mimic Limited has no subsidiary companies.
Ultimate parent company
INFLEXION BUYOUT V INVESTMENTS LP
#0114100
2 parents
BRITISH ENGINEERING SERVICES ASSET RELIABILITY MIMIC LIMITED
04827645
british engineering services asset reliability mimic limited directors
British Engineering Services Asset Reliability Mimic Limited currently has 3 directors. The longest serving directors include Mr James Reeves (Dec 2022) and Mr Walter Rowe (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Reeves | United Kingdom | 48 years | Dec 2022 | - | Director |
| Mr Walter Rowe | United Kingdom | 43 years | Dec 2022 | - | Director |
| Mr John Lennox | United Kingdom | 63 years | Dec 2022 | - | Director |
P&L
December 2022turnover
1.7m
0%
operating profit
471k
0%
gross margin
65.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
450k
+449999%
total assets
1.3m
+1348999%
cash
569k
0%
net assets
Total assets minus all liabilities
Similar Companies
british engineering services asset reliability mimic limited company details
company number
04827645
Type
Private limited with Share Capital
industry
52290 - Other transportation support activities
71200 - Technical testing and analysis
62090 - Other information technology and computer service activities
incorporation date
July 2003
age
21
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
james fisher mimic limited (March 2023)
precis (2367) limited (October 2003)
incorporated
UK
address
unit 718 eddington way, birchwood park, warrington, WA3 6BA
last accounts submitted
December 2022
british engineering services asset reliability mimic 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 british engineering services asset reliability mimic limited.
british engineering services asset reliability mimic limited Companies House Filings - See Documents
| date | description | view/download |
|---|
