Pomanda estimates the enterprise value of JOHN MILLS ENGINEERING LTD at £926.2k based on a Turnover of £2.9m and 0.31x industry multiple (adjusted for size and gross margin).
john mills engineering ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of JOHN MILLS ENGINEERING LTD at £0 based on an EBITDA of £-5k and a 4.02x industry multiple (adjusted for size and gross margin).
john mills engineering ltdEstimated Valuation
£4.4m
Pomanda estimates the enterprise value of JOHN MILLS ENGINEERING LTD at £4.4m based on Net Assets of £1.6m and 2.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
John Mills Engineering LtdOverview
John Mills Engineering Ltd is a live company located in nottingham, NG7 6LB with a Companies House number of 04833360. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in July 2003, it's largest shareholder is
mr michael james mills & mrs merc mills
with a 57% stake. John Mills Engineering Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£2.9m with
low
growth in recent years.
Pomanda's financial health check has awarded John Mills Engineering Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £2.9m, make it smaller than the average company (£23m)
£2.9m - John Mills Engineering Ltd
£23m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (11.1%)
3% - John Mills Engineering Ltd
11.1% - Industry AVG
Production
with a gross margin of 16.3%, this company has a comparable cost of product (16.3%)
16.3% - John Mills Engineering Ltd
16.3% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (3.2%)
-0.7% - John Mills Engineering Ltd
3.2% - Industry AVG
Employees
with 5 employees, this is below the industry average (41)
5 - John Mills Engineering Ltd
41 - Industry AVG
Pay Structure
on an average salary of £38.9k, the company has an equivalent pay structure (£38.9k)
£38.9k - John Mills Engineering Ltd
£38.9k - Industry AVG
Efficiency
resulting in sales per employee of £590k, this is more efficient (£496.8k)
£590k - John Mills Engineering Ltd
£496.8k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is later than average (22 days)
36 days - John Mills Engineering Ltd
22 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (25 days)
37 days - John Mills Engineering Ltd
25 days - Industry AVG
Stock Days
it holds stock equivalent to 74 days, this is in line with average (64 days)
74 days - John Mills Engineering Ltd
64 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 218 weeks, this is more cash available to meet short term requirements (10 weeks)
218 weeks - John Mills Engineering Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.9%, this is a lower level of debt than the average (60.4%)
14.9% - John Mills Engineering Ltd
60.4% - Industry AVG
JOHN MILLS ENGINEERING LTD financials
EXPORT
John Mills Engineering Ltd's latest turnover from March 2024 is estimated at £2.9 million and the company has net assets of £1.6 million. According to their latest financial statements, John Mills Engineering Ltd has 5 employees and maintains cash reserves of £1.1 million 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
2,949,957
2,080,783
3,658,702
2,726,247
3,138,881
2,760,997
2,885,507
2,227,601
3,121,387
2,786,006
2,138,800
1,683,710
1,553,070
1,634,594
1,700,623
Other Income Or Grants
Cost Of Sales
2,469,978
1,735,188
2,708,316
2,296,549
2,630,926
2,319,985
2,430,713
1,867,927
2,594,727
2,318,156
1,779,584
1,400,618
1,293,570
1,353,294
1,402,238
Gross Profit
479,978
345,595
950,386
429,698
507,955
441,012
454,794
359,674
526,660
467,850
359,217
283,092
259,500
281,299
298,385
Admin Expenses
502,034
111,734
289,374
411,451
193,794
325,746
363,754
138,209
179,927
337,263
350,267
273,306
252,386
290,498
265,366
Operating Profit
-22,056
233,861
661,012
18,247
314,161
115,266
91,040
221,465
346,733
130,587
8,950
9,786
7,114
-9,199
33,019
Interest Payable
7,240
Interest Receivable
52,593
40,084
562
590
4,921
2,960
1,386
2,074
1,026
632
404
213
113
41
Pre-Tax Profit
30,537
273,946
653,772
18,809
314,751
120,188
94,000
222,851
348,806
131,613
9,582
10,191
7,327
-9,086
33,060
Tax
-7,634
-52,050
-3,574
-59,803
-22,836
-17,860
-44,570
-69,761
-27,639
-2,204
-2,446
-1,905
-9,257
Profit After Tax
22,903
221,896
653,772
15,235
254,948
97,352
76,140
178,281
279,045
103,974
7,378
7,745
5,422
-9,086
23,803
Dividends Paid
Retained Profit
22,903
221,896
653,772
15,235
254,948
97,352
76,140
178,281
279,045
103,974
7,378
7,745
5,422
-9,086
23,803
Employee Costs
194,747
111,482
176,525
98,136
98,820
96,665
94,780
61,742
59,437
232,660
171,040
140,075
137,689
164,268
166,827
Number Of Employees
5
3
3
3
3
3
3
2
2
8
6
5
5
6
6
EBITDA*
-5,050
250,378
668,255
25,007
321,807
121,106
99,363
231,788
356,379
141,209
18,204
17,061
13,814
-105
45,369
* 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
49,102
49,608
21,065
20,568
22,728
33,524
25,465
32,950
30,775
28,930
29,050
21,725
29,000
30,400
37,250
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
49,102
49,608
21,065
20,568
22,728
33,524
25,465
32,950
30,775
28,930
29,050
21,725
29,000
30,400
37,250
Stock & work in progress
503,954
522,473
559,572
598,672
643,019
312,775
326,337
271,556
290,500
255,272
204,218
186,795
197,506
173,621
169,511
Trade Debtors
295,395
234,736
251,996
246,169
331,130
305,034
297,746
225,911
327,344
164,219
107,839
59,928
47,439
84,339
96,103
Group Debtors
Misc Debtors
Cash
1,067,295
936,249
950,075
615,729
507,966
671,327
641,017
542,938
566,254
263,182
147,232
105,530
56,195
28,888
16,462
misc current assets
total current assets
1,866,644
1,693,458
1,761,643
1,460,570
1,482,115
1,289,136
1,265,100
1,040,405
1,184,098
682,673
459,289
352,253
301,140
286,848
282,076
total assets
1,915,746
1,743,066
1,782,708
1,481,138
1,504,843
1,322,660
1,290,565
1,073,355
1,214,873
711,603
488,339
373,978
330,140
317,248
319,326
Bank overdraft
Bank loan
Trade Creditors
254,448
108,244
376,008
419,234
456,720
545,468
612,276
472,599
790,845
568,353
448,014
345,094
309,001
301,531
294,523
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
254,448
108,244
376,008
419,234
456,720
545,468
612,276
472,599
790,845
568,353
448,014
345,094
309,001
301,531
294,523
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
19,083
18,348
17,557
16,963
18,015
provisions
12,276
9,438
4,003
3,704
4,106
6,138
4,587
3,194
4,747
3,014
4,063
total long term liabilities
31,359
27,786
21,560
20,667
22,121
6,138
4,587
3,194
4,747
3,014
4,063
total liabilities
285,807
136,030
397,568
439,901
478,841
551,606
616,863
475,793
795,592
571,367
452,077
345,094
309,001
301,531
294,523
net assets
1,629,939
1,607,036
1,385,140
1,041,237
1,026,002
771,054
673,702
597,562
419,281
140,236
36,262
28,884
21,139
15,717
24,803
total shareholders funds
1,629,939
1,607,036
1,385,140
1,041,237
1,026,002
771,054
673,702
597,562
419,281
140,236
36,262
28,884
21,139
15,717
24,803
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
-22,056
233,861
661,012
18,247
314,161
115,266
91,040
221,465
346,733
130,587
8,950
9,786
7,114
-9,199
33,019
Depreciation
17,006
16,517
7,243
6,760
7,646
5,840
8,323
10,323
9,646
10,622
9,254
7,275
6,700
9,094
12,350
Amortisation
Tax
-7,634
-52,050
-3,574
-59,803
-22,836
-17,860
-44,570
-69,761
-27,639
-2,204
-2,446
-1,905
-9,257
Stock
-18,519
-37,099
-39,100
-44,347
330,244
-13,562
54,781
-18,944
35,228
51,054
17,423
-10,711
23,885
4,110
169,511
Debtors
60,659
-17,260
5,827
-84,961
26,096
7,288
71,835
-101,433
163,125
56,380
47,911
12,489
-36,900
-11,764
96,103
Creditors
146,204
-267,764
-43,226
-37,486
-88,748
-66,808
139,677
-318,246
222,492
120,339
102,920
36,093
7,470
7,008
294,523
Accruals and Deferred Income
Deferred Taxes & Provisions
2,838
5,435
299
-402
-2,032
1,551
1,393
-1,553
1,733
-1,049
4,063
Cash flow from operations
94,218
-9,642
658,601
112,853
-185,116
39,287
95,957
-12,204
312,490
125,426
57,649
48,930
32,394
14,557
65,021
Investing Activities
capital expenditure
-16,500
-45,060
-7,740
-4,600
3,150
-13,899
-838
-12,498
-11,491
-10,502
-16,579
-5,300
-2,244
-49,600
Change in Investments
cash flow from investments
-16,500
-45,060
-7,740
-4,600
3,150
-13,899
-838
-12,498
-11,491
-10,502
-16,579
-5,300
-2,244
-49,600
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
735
791
594
-1,052
18,015
share issue
-309,869
1,000
interest
52,593
40,084
-7,240
562
590
4,921
2,960
1,386
2,074
1,026
632
404
213
113
41
cash flow from financing
53,328
40,875
-316,515
-490
18,605
4,921
2,960
1,386
2,074
1,026
632
404
213
113
1,041
cash and cash equivalents
cash
131,046
-13,826
334,346
107,763
-163,361
30,310
98,079
-23,316
303,072
115,950
41,702
49,335
27,307
12,426
16,462
overdraft
change in cash
131,046
-13,826
334,346
107,763
-163,361
30,310
98,079
-23,316
303,072
115,950
41,702
49,335
27,307
12,426
16,462
john mills engineering ltd 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 john mills engineering ltd. Get real-time insights into john mills engineering ltd's credit score, group structure and payment trends.
Perform a competitor analysis for john mills engineering ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in NG7 area or any other competitors across 12 key performance metrics.
john mills engineering ltd Ownership
JOHN MILLS ENGINEERING LTD group structure
John Mills Engineering Ltd has no subsidiary companies.
Ultimate parent company
JOHN MILLS ENGINEERING LTD
04833360
JOHN MILLS ENGINEERING LTD Shareholders
The largest shareholders in John Mills Engineering Ltd include Mr Michael James Mills & Mrs Merc Mills and Mr James Roger Mills & Mrs Clare Mills.
mr michael james mills & mrs merc mills
57%
mr james roger mills & mrs clare mills
43%
john mills engineering ltd directors
John Mills Engineering Ltd currently has 2 directors.
The longest serving directors include
Mr Michael Mills (Jul 2003) and
Mr James Mills (Jul 2003).
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 john mills engineering ltd.
john mills engineering ltd 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.
Click to start generating capital raising & share issue transactions for JOHN MILLS ENGINEERING LTD. This can take several minutes, an email will notify you when this has completed.
john mills engineering ltdCompanies House Filings - See Documents
